BLOCKCHAIN. The Future of Online Casinos? ✅

[okala]

I have a question, are they based on the Provably Fair or do they simply use some kind of Artificial Intelligence technology that is currently being developed for the games? I say this because I want to know what method they use on the site, since many friends have told me they prefer artificial intelligence systems, because they are more likely to win in the game.

No matter which technology you use for Gambling, the Gambling site has always the edge against the players who are playing it. For this reason we see the most games are being lost by the gamblers, and that is the another reason we see new gambling casino sites coming up in large numbers as this is very profitable business too.

Although there is an edge for players playing on online casino their security technology must be in the first level of priorities. There are also lots of casino who has a lot of favors on their player by giving huge bonuses amount like VegasCasino up to 200% of initial deposit are being rewarded aside from welcome bonuses with a highly security features running on their system. Most of people says that "House always wins" but i guess that has differentiations like the rate and number of players. No wonder online casino will be a popular business but maintaining such a great standard like VegasCasino or Bitsler or Stake is not that easy to surpass.

The deposits bonus are ways gambling site's base on the blockchain promote the use of online casino to the traditional casinos with they up-to-date technology of instant deposits and withdraw which allow full privacy and security of the player's and and the blockchain have made this possible.

[beerlover]

I think the house always wins is an understatement because casinos are not marketing themselves like go play until you lose or go do something silly but they are literally just saying "why don't you try to win some?" like come at me type of encouragement, they are literally saying "come try winning, you can't" and people love that and go actually lose money like the marketing literally says.

I am not even joking think about it what does casinos do for promotion? They give bonuses, like you put in 100 dollars they give you 100 more for free, fully knowing you will lose 200 total and give you more time to stay there and enjoy your loss. Its really not some sort of exaggeration by me, its literally casinos saying "you can't win" to our faces and we still manage to have fun with it .

[daarul50]

I think the house always wins is an understatement because casinos are not marketing themselves like go play until you lose or go do something silly but they are literally just saying "why don't you try to win some?" like come at me type of encouragement, they are literally saying "come try winning, you can't" and people love that and go actually lose money like the marketing literally says.

I am not even joking think about it what does casinos do for promotion? They give bonuses, like you put in 100 dollars they give you 100 more for free, fully knowing you will lose 200 total and give you more time to stay there and enjoy your loss. Its really not some sort of exaggeration by me, its literally casinos saying "you can't win" to our faces and we still manage to have fun with it .

If you think carefully your words have a point. Casinos never market their games but they only invite people to try to play with the lure of some bonuses when someone wins one of the games and that makes a lot of people curious to try to follow the game. They just smile seeing us get a loss.

[omonuyak]

I think the house always wins is an understatement because casinos are not marketing themselves like go play until you lose or go do something silly but they are literally just saying "why don't you try to win some?" like come at me type of encouragement, they are literally saying "come try winning, you can't" and people love that and go actually lose money like the marketing literally says.

I am not even joking think about it what does casinos do for promotion? They give bonuses, like you put in 100 dollars they give you 100 more for free, fully knowing you will lose 200 total and give you more time to stay there and enjoy your loss. Its really not some sort of exaggeration by me, its literally casinos saying "you can't win" to our faces and we still manage to have fun with it .

Some gambling and casino sites do really put there warning on how risky the market is and why you may lose all your capitals playing casino.  I think it is greed that pull people into gambling and not the marketing by the house.

[TimeTeller]

I think the house always wins is an understatement because casinos are not marketing themselves like go play until you lose or go do something silly but they are literally just saying "why don't you try to win some?" like come at me type of encouragement, they are literally saying "come try winning, you can't" and people love that and go actually lose money like the marketing literally says.

I am not even joking think about it what does casinos do for promotion? They give bonuses, like you put in 100 dollars they give you 100 more for free, fully knowing you will lose 200 total and give you more time to stay there and enjoy your loss. Its really not some sort of exaggeration by me, its literally casinos saying "you can't win" to our faces and we still manage to have fun with it .

Some gambling and casino sites do really put there warning on how risky the market is and why you may lose all your capitals playing casino.  I think it is greed that pull people into gambling and not the marketing by the house.

Greed is a human nature that we can't detach from ourselves.
Gambling casinos are giving their warnings about the risk involved but the truth is they want gamblers to stay on their site as long as they can.
But at least, they are reminding those gamblers about what they are about to face. 
It is up to the gambler how responsible he will be on his decisions.
No one else will stop him from spending those money.

Going back to the topic. I believe that blockchain technology will really change many things on how online casinos operate.
The fairness, transparency are just few of them. Aside from the fast transactions that the gamblers can enjoy for themselves.

[Yarex]

I have a question, are they based on the Provably Fair or do they simply use some kind of Artificial Intelligence technology that is currently being developed for the games? I say this because I want to know what method they use on the site, since many friends have told me they prefer artificial intelligence systems, because they are more likely to win in the game.

Artificial intelligence systems have long been on many sites including gambling. However, it should be remembered that the percentage of winning is set for the sites with games and it never decreases. This is strictly followed by a special authority that issues the game certificate of the site.

So true. Although artificial intelligence has been widely applied at various gambling sites the percentage of victory is not arbitrary because there is a special organization to regulate the percentage of winnings and gambling sites must follow these rules because otherwise the site might be considered illegal gambling. If this is violated maybe the gamblers will not believe the site.

Of course. At first, I even spent a lot of time studying all certification organizations and understood the principle of their operation. Many of them are located in the jurisdiction of the island of Curacao, whose authorities monitor their reputation. Therefore, their checks gambling sites can be trusted.

[coinplus]

I have a question, are they based on the Provably Fair or do they simply use some kind of Artificial Intelligence technology that is currently being developed for the games? I say this because I want to know what method they use on the site, since many friends have told me they prefer artificial intelligence systems, because they are more likely to win in the game.

Artificial intelligence systems have long been on many sites including gambling. However, it should be remembered that the percentage of winning is set for the sites with games and it never decreases. This is strictly followed by a special authority that issues the game certificate of the site.

So true. Although artificial intelligence has been widely applied at various gambling sites the percentage of victory is not arbitrary because there is a special organization to regulate the percentage of winnings and gambling sites must follow these rules because otherwise the site might be considered illegal gambling. If this is violated maybe the gamblers will not believe the site.

I doubt any artificial intelligence system could beat any casino neither because its literally a simple win or lose scenario and the house edge keeps the gambler from winning, hence this is not like dota where you can teach the artificial intelligence to play and learn and beat them by luck, you have to really just try your best to not lose all your money and that is it.

AI is something that is basically equal to "machine learning" at this stage and not something that can think for itself, it just learns and not thinks, that is why gambling is not really an option. Of course it can play a billion hands of poker and learn how poker is played but it is definitely not going to be great against any game with house edge at all, it needs to be something that has humans on the other side and not another machine.

[el kaka22]

The ease of building crypto casinos do help with the future of all online games as well. People are having trouble depositing and withdrawing from gambling places all the time in fiat world and because of the laws and banks and all other problems they have to really work hard to put their money in games and take the money out since it would create insane amount of legal problems, whereas you can start a crypto casino today, I am not kidding there are scripts everywhere and that place would allow you to play any game you wish and all gamblers would have to do is send their money to a bitcoin exchange and than if they win more withdraw their bitcoin in fiat form from that exchange.

It is just simply impossible for bitcoin gambling not take over all of online gambling one day.

[daarul50]

The ease of building crypto casinos do help with the future of all online games as well. People are having trouble depositing and withdrawing from gambling places all the time in fiat world and because of the laws and banks and all other problems they have to really work hard to put their money in games and take the money out since it would create insane amount of legal problems, whereas you can start a crypto casino today, I am not kidding there are scripts everywhere and that place would allow you to play any game you wish and all gamblers would have to do is send their money to a bitcoin exchange and than if they win more withdraw their bitcoin in fiat form from that exchange.

It is just simply impossible for bitcoin gambling not take over all of online gambling one day.

This convenience is felt to me who lives in a country that prohibits all forms of gambling. Before the blockchain in gambling, I had difficulty to withdraw or deposit into gambling sites but with bitcoin, these two things could be done easily without having to clash with the laws in force in my country regarding gambling.

[Yarex]

I doubt any artificial intelligence system could beat any casino neither because its literally a simple win or lose scenario and the house edge keeps the gambler from winning, hence this is not like dota where you can teach the artificial intelligence to play and learn and beat them by luck, you have to really just try your best to not lose all your money and that is it.

AI is something that is basically equal to "machine learning" at this stage and not something that can think for itself, it just learns and not thinks, that is why gambling is not really an option. Of course it can play a billion hands of poker and learn how poker is played but it is definitely not going to be great against any game with house edge at all, it needs to be something that has humans on the other side and not another machine.

Developers want to bring their artificial intelligence to the stage where it will not yield to human intelligence in many areas of activity. In order to participate in gambling - there is no difficulty. And it is quite possible to train artificial intelligence.

[MakeMoneyBtc]

It's good to see that this website is still up and running even though the OP has not been online here since last year. I can see there are new courses and reviews added every month and I think this is helping a lot of people to learn more about bitcoin gambling and blockchain technology because that's the real future we are going to see.

[nauane]

I think the house always wins is an understatement because casinos are not marketing themselves like go play until you lose or go do something silly but they are literally just saying "why don't you try to win some?" like come at me type of encouragement, they are literally saying "come try winning, you can't" and people love that and go actually lose money like the marketing literally says.

I am not even joking think about it what does casinos do for promotion? They give bonuses, like you put in 100 dollars they give you 100 more for free, fully knowing you will lose 200 total and give you more time to stay there and enjoy your loss. Its really not some sort of exaggeration by me, its literally casinos saying "you can't win" to our faces and we still manage to have fun with it .

Some gambling and casino sites do really put there warning on how risky the market is and why you may lose all your capitals playing casino.  I think it is greed that pull people into gambling and not the marketing by the house.

Greed is a human nature that we can't detach from ourselves.
Gambling casinos are giving their warnings about the risk involved but the truth is they want gamblers to stay on their site as long as they can.
But at least, they are reminding those gamblers about what they are about to face. 
It is up to the gambler how responsible he will be on his decisions.
No one else will stop him from spending those money.

Going back to the topic. I believe that blockchain technology will really change many things on how online casinos operate.
The fairness, transparency are just few of them. Aside from the fast transactions that the gamblers can enjoy for themselves.

This has been numerous times that gamblers should be mentally strong so that they do not be emotional or addicted to the gambling. This habits can only be adopted by the individual and technology has nothing to do with it. The games may become better, house edges may fall lower and blockchain may introduce many new features, yet the human nature of being greedy will remain the same which is the main cause of losing in gambling.

[romero121]

Blockchain is no more an exception to the gambling industry, these days everything is getting moved towards the blockchain technology. Decentralization hasn't been effective on gambling industry, now focus is upon development of decentralized exchanges. Smart contract related development is found much on gambling sites. Probably future of gambling websites will be through blockchain for effective and efficient functioning of gambling.

[_Django05_]

Almost-instant deposit and withdrawal times, smaller fees, and fully transparency have made blockchain ideal for gambling!

The online gambling is one of the most promising industries. However, gamblers are subjects to several issues such that regional-restrictions, time, manipulation and even hack. On the other hand, gambling websites are also under the threat of fraud, hacks and huge monetary transaction fees due to third-parties. Nevertheless, blockchain technology has great potential to revolutionize the gambling industry.

[LUCKMCFLY]

I have a question, are they based on the Provably Fair or do they simply use some kind of Artificial Intelligence technology that is currently being developed for the games? I say this because I want to know what method they use on the site, since many friends have told me they prefer artificial intelligence systems, because they are more likely to win in the game.

Artificial intelligence systems have long been on many sites including gambling. However, it should be remembered that the percentage of winning is set for the sites with games and it never decreases. This is strictly followed by a special authority that issues the game certificate of the site.

So true. Although artificial intelligence has been widely applied at various gambling sites the percentage of victory is not arbitrary because there is a special organization to regulate the percentage of winnings and gambling sites must follow these rules because otherwise the site might be considered illegal gambling. If this is violated maybe the gamblers will not believe the site.

I doubt any artificial intelligence system could beat any casino neither because its literally a simple win or lose scenario and the house edge keeps the gambler from winning, hence this is not like dota where you can teach the artificial intelligence to play and learn and beat them by luck, you have to really just try your best to not lose all your money and that is it.

AI is something that is basically equal to "machine learning" at this stage and not something that can think for itself, it just learns and not thinks, that is why gambling is not really an option. Of course it can play a billion hands of poker and learn how poker is played but it is definitely not going to be great against any game with house edge at all, it needs to be something that has humans on the other side and not another machine.

This is very true, does this mean that the systems that can be used by a bot is similar to the software used in a traditional casino? Taking it to a context where you have the same opportunities for players with the advantage of the house, it is very likely that when playing and other users are at the same time, the probabilities for users tend to increase, this is because my experience in traditional casinos, when playing against the software, without the presence of many people, the probability of losses is almost 80% (Statistics that I got under my experience) because in a bot, the Provably Fair system is usually with much information and would require almost a very large database to run, unless you have backups from many servers to execute them, which, I think is very safe, to defend against any accusation.

[SirLancelot]

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
- Edgeless (Blackjack, Dice)
- Trueflip (Lottery)
- Primedice (Dice)
- OneHash (Mutual Sports betting, Dice, Slots, Moon)


bitcoin casinos
- 1xBit
- Bitstarz
- MBit
- Cloudbet
- Slip Roulette
- Bitcasino


Interviews:
- Edgeless.io COO
- Funfair.io CEO, Jez San

www.casinosblockchain.io

Yes, blockchain is the future for online betting cause making payments are really fast and you wouldn't have to wait that long ,but if I was betting offline I am not going to make use of cryptocurrencies, there is other digital payments I can make use of ,even bank transfer is best for me when it has to do with betting offline.but as for online betting , then I can decide that I want to make use of cryptocurrencies, especially Bitcoin which is the best.

[carter34]

The online gambling is one of the most promising industries. However, gamblers are subjects to several issues such that regional-restrictions, time, manipulation and even hack. On the other hand, gambling websites are also under the threat of fraud, hacks and huge monetary transaction fees due to third-parties. Nevertheless, blockchain technology has great potential to revolutionize the gambling industry.

I think some of the items you mentioned that gamblers are endangered to are the likely reason that casinos and gambling site are trying to introduce some security measures in the  form of KYC but most gamblers feel is a delay especially when trying to make withdrawal but it is a protection.

[Ray55]

Blockchain always supports cryptocurrency, not only does cryptocurrency have a lot of big thinking. Always want to know how cryptocurrency can be brought to all people. If the Blockchain company starts thinking about gambling completely, then I am sure that a new thing is going on in the world soon after. I immediately saw the Primedice website, I found it pretty good.

[gabbie2010]

The potentials of blockchain technology if fully deployed on casino online will sanitize that means of gambling and decentralized their system, Any forms of manipulation will totally be eliminated, of course I am optimistic and very sure online casinos providers must have been considering introducing blockchain technology so as bring credibility and trust while jettison the usual or common practice of centralized system.

[FauxHammer]

I think it's just easier to create an online casino based on blockchain, cause it gives more advantages for your users. For example - =https://www.cryptogamble.com/casino?category=LivecasinoCryptoGamble is such platform, but it's really important to keep up with other platforms too. Blockchain might be really cool for gambling, but we shouldn't think that it's the only way.