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Author Topic: BLOCKCHAIN. The Future of Online Casinos? ✅  (Read 12169 times)
traderethereum
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May 10, 2019, 03:33:46 PM
 #101

I think it's just more simple to create an online casino based on blockchain, cause it gives more opportunities for your users.
I think the opportunities will comes to you because you can get more money if you can attract more visitor to come to your website.
But that is not easy because you need to make a promotion about your site so they can visit and try to be your member and they can deposit their money to start playing the games.
Blockchain could be the future of online casinos since blockchain gives a simple and fast transaction than the banks and the best is, blockchain doesn't need verification to make a transaction.

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May 12, 2019, 06:19:22 AM
 #102

Weird how a review websites topic turned into a place where people discuss the topic they were talking about. I mean I am not against it since this is a forum and anyone can write whatever they want anywhere (while facing consequences of it if there is any) so its freedom of speech that we write here about blockchain.

On the plus side, website probably doesn't dislike this issue since they are literally getting their topic at the top all the time because of people who literally thought this was a question for them. They must be getting more and more visitors thanks to people who write here. Personally if I have to answer the question at the topic name, I would say yes. Blockchain makes sure the online casinos are not rigged and that is a huge solution to questions people have about online casinos.
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May 12, 2019, 06:48:06 AM
 #103

Almost-instant deposit and withdrawal times, smaller fees, and fully transparency have made blockchain ideal for gambling!
CasinosBlockchain.io is a website with news, analysis and interviews regarging online casinos with blockchain technology and cryptocurrency gambling!


Detailed reviews:
blockchain based casinos
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Unfortunately the recent discussion have move away from the main topic and post, this thread was created to give a website that do blockchain base casino with instant deposits and withdrawal's and the mean site is not even opening at the moment. But from the little list the ops have made I think he did a good job just that we can not access the site to see the full body of the interview.
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May 15, 2019, 11:51:55 PM
 #104

I think it's just more simple to create an online casino based on blockchain, cause it gives more opportunities for your users.

Yes, since it is simple to create a online gambling casino , many people are misusing it to create scam casino and run away with people money.  Although it is a blessing to have online casino to play gambling but at the same time, i have seen a lot of people complaining about it as many sites owners develop online casino to get people money and also do not provide probably fair games.
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May 15, 2019, 11:56:50 PM
 #105

I think it's just more simple to create an online casino based on blockchain, cause it gives more opportunities for your users.

Yes, since it is simple to create a online gambling casino , many people are misusing it to create scam casino and run away with people money.  Although it is a blessing to have online casino to play gambling but at the same time, i have seen a lot of people complaining about it as many sites owners develop online casino to get people money and also do not provide probably fair games.
There are a lot of casinos out there that have took advantage of blockchain popularity and reputation just to attract people and steal their money but this doesn't mean blockchain is not a great thing for gambling industry. It's the people who created those websites and stole that money we should blame for this. There are lots of blockchain casinos out there that are very popular and trusted, like Stake and Primedice and they also offer provably fair. You have a lot of options to choose from and  you should be happy that you have acces to this technology.
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May 17, 2019, 05:02:06 AM
 #106

"Starting" a blockchain casino is simple yes but making it different from others is the big challenge. I remember years ago there was some help from moneypot company to create your own dice website. They were the "main bankroll" for many other casinos and they actually allowed you to start your own website and even give out faucet for free to your users so you can do better marketing and all they asked for is to use their own bankroll for your casino which was awesome for people with no money since every time people lost money you got something in return (there was difficult calculations I can't remember).

So, after a while I decided to use their system and you get a blank dice website in like 10 minutes easily even with a github, however making it better and bigger was so impossible compared to all other awesome websites I quit after a week of making barely any improvements compared to all big ones.

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May 17, 2019, 05:22:34 AM
 #107

The application of block chain is useful in terms of online casino. The fast transaction in terms of payment the fact of being an anonymous if the player wants to but all of this depends on the casino itself.

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May 20, 2019, 11:50:09 PM
 #108

The application of block chain is useful in terms of online casino. The fast transaction in terms of payment the fact of being an anonymous if the player wants to but all of this depends on the casino itself.

Transactions are anonymous yes but once you send something on a casino which requires you KYC to be fully verified then you are not gambling anonymously anymore. kYC casino should learn from old gambling casino which are still running today without a KYC.
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May 21, 2019, 04:05:45 AM
 #109

Blockchain help us to connect as one all over the world. It helps us to gamble even in our house. It may be the future online casinos but I think it should be regulated worldwide. Unless illegal gambling will spread all around the earth. But remember, to much gambling is a bane. It makes people poorer and poorer. Be wise!

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May 23, 2019, 09:12:23 AM
 #110

That's why we resemble blockchain a lot like internet. Normally internet got bigger and bigger and its even getting bigger every single day. It allows all information to be shared globally and it allows people from all around the world to talk to each other.

Now, blockchain allows that to be in finance too, when internet got bigger the applications on phones, the websites of banks and everything in between allowed people to digitize their banking systems however money itself was still the money we all know, blockchain managed to make that global too. Of course, that allowed gambling to be part of it pretty quickly, probably after exchanges it was the first thing people created for bitcoin and it has been playing a HUGE part in development of bitcoin for the past 6-7 years.

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May 24, 2019, 03:29:35 PM
 #111

I think looking stuff like pokerstars that is already big and can't really be put into blockchain shows a bit that there is still a future for online gambling world that will not turn into blockchain. Even in bitcoin world poker games are not getting that much attention compared to casino games because they are not fully blockchain and only connection they have to blockchain is that they allow bitcoin deposits and that's it. That is why if we are talking about games like dice and roulette and plinko then yeah blockchain could be the future for sure but if we are talking about sportsbooks and poker then it will not be as blockchain as you may think in the future.

Obviously, that could change in a day if someone finds a way to implement blockchain fully into those games but until then blockchain is limited to only some games.

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May 24, 2019, 08:47:29 PM
 #112

Blockchain seems to be the future. It would take over the traditional system in which we use to transfer money and why to also the casino sector.
But I feel this would create a better and more genuine atmosphere in the gambling industry which is notorious for dishonesty and fraud
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May 25, 2019, 06:25:16 PM
Last edit: February 28, 2020, 01:15:53 PM by sandra_1
 #113

I think it's just more simple to create an online casino based on blockchain, cause it gives more opportunities for your users.
Well, that's true. Personally, I'm playing in CryptoGamble - casino which is also based on blockchain. Admittedly, I'm into its affiliate program but in respect of my experience - it's doing well, I don't have any problems with that platform
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May 26, 2019, 05:41:07 AM
 #114

The difference between regular transactions done with bitcoin getting hard for adoption but easier for casino is obvious. The difference is you can pay your groceries with fiat with no problem at all and it wouldn't matter if it was bitcoin neither, its not a "secret" thing you do.

Nevertheless casinos are both illegal in many places which bitcoin makes easier to gamble but also many people even if legal wants to keep it at a legit rate where casino doesn't scam them. That is why it is not really that easy to adopt bitcoin on stuff like lets say a book store (which still could happen but harder to happen) compared to a casino which bitcoin is the clear better option, not only its viable its also better.

Blockchain just makes things a lot easier and a lot better for many gamblers.
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May 28, 2019, 11:18:18 AM
 #115

Lol, it's not all of them that are offering instant withdrawal , trust me, and there are even those of them that will require you to fill out every single information of your life just to register as a member and they still claim to be a blockchain casino, I don't know why a casino will be accepting Bitcoin and still be asking for all those information like they are doing a KYC. I always avoid casinos like that ,cause they are likely up to something . A blockchain casino should only require just your email and password to sign up.

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May 30, 2019, 02:24:54 PM
 #116

Lol, it's not all of them that are offering instant withdrawal , trust me, and there are even those of them that will require you to fill out every single information of your life just to register as a member and they still claim to be a blockchain casino, I don't know why a casino will be accepting Bitcoin and still be asking for all those information like they are doing a KYC. I always avoid casinos like that ,cause they are likely up to something . A blockchain casino should only require just your email and password to sign up.

It should depend on the law of the country the casino is based in.
If they wouldn't abide by their local laws, they would be chased by their government for assisting in money laundering.
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May 30, 2019, 04:52:09 PM
 #117

I think it's just more simple to create an online casino based on blockchain, cause it gives more opportunities for your users.
That is why we are seeing must of online gambling sites adopting blockchain. It is cheap to gamble through blockchain than fiat and we have many opportunities to make money or lose money in blockchain gambling than the traditional one we are used to.
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June 27, 2019, 01:09:30 PM
 #118

I think it's just more simple to create an online casino based on blockchain, cause it gives more opportunities for your users.

Yes, since it is simple to create a online gambling casino , many people are misusing it to create scam casino and run away with people money.  Although it is a blessing to have online casino to play gambling but at the same time, i have seen a lot of people complaining about it as many sites owners develop online casino to get people money and also do not provide probably fair games.
Players can play with consumer protection service inclusive and reduce the risk of getting scammed.

However, if a player loves to drive cars without insurance, he should be prepared to pay the price if accident happens! Wink
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June 29, 2019, 08:05:19 AM
 #119

I think we are missing couple of points here. Blockchain makes sure you do not get scammed during the roll of the dice (or whatever game they use blockchain with) however that is still not stopping the casinos to get "hacked" and run with your money, you are still depositing and still withdrawing money from the casinos and as soon as a bad casino realizes they have enough money on their wallet and want to just keep all of it they can decide to not allow you to withdraw right away and then run with the money.

Just because games are fair doesn't automatically make the casinos fair as well, there have been dozens of casinos who gave us a proper provably fair gaming and I can guarantee you they were %100 legit on gambling part but then one day they just closed shop with everyone money still inside.

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July 01, 2019, 06:40:21 AM
 #120

Just because games are fair doesn't automatically make the casinos fair as well, there have been dozens of casinos who gave us a proper provably fair gaming and I can guarantee you they were %100 legit on gambling part but then one day they just closed shop with everyone money still inside.
That probably depends on their commitment to what they have started. If those casino's really can't make it as they just want to stop it because they can't cater any longer the pressure with the competition that they are meeting, it's best for them to close.

As much as they use the technology, at least they've did their best to apply the technology and used it as part of complying to what the community demands for provably fair gambling.

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