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Question: What currencies do you gamble with?
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Author Topic: What currencies do you gamble with?  (Read 1345 times)
shoreno
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February 06, 2019, 07:07:10 AM
 #301

I gamble with Bitcoin and Ethereum since I have plenty of those to gamble with. I usually use the coins i have plenty of so that whenever I lose, I still have more on me to invest or to hold. The opportunity never be removed while i enjoy playing any gambling game i want.
I also used most of the time with Bitcoin to be the preferred currency for my gambling because the income came from Bitcoin is more higher than the other currency that I have been used that's why I use Bitcoin as the first preference for gambling

Agreed . btc has a higher value compare to eth and other crypto so it means that you can also earn more if you will use btc as a medium to play gambling  .  but you should  be aware that you can also loose bigger  .

 this is the reason why i never use my btc if ever i play rather i only use lower valued coins because i think that btc is more important and i can earn more income in a much safer way if i will only hold it .

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February 06, 2019, 07:37:30 AM
 #302

I also used most of the time with Bitcoin to be the preferred currency for my gambling because the income came from Bitcoin is more higher than the other currency that I have been used that's why I use Bitcoin as the first preference for gambling
There's no basis that the income/winning you'll get through bitcoin is higher than other accepted altcoins.

Winning depends on the amount you had bet, be it bitcoin, ethereum, dogecoin or any other altcoins.

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February 06, 2019, 07:47:40 AM
Merited by Botnake (1)
 #303

I also used most of the time with Bitcoin to be the preferred currency for my gambling because the income came from Bitcoin is more higher than the other currency that I have been used that's why I use Bitcoin as the first preference for gambling
There's no basis that the income/winning you'll get through bitcoin is higher than other accepted altcoins.

Winning depends on the amount you had bet, be it bitcoin, ethereum, dogecoin or any other altcoins.
What about comparing different bets in percentages? For example, you bet, and X amount and you win Y amount. How much is Y to the X amount so you could compute for it in percentage? I think it's better to compare with that rather than the amount of bet. Not everyone can afford a high amount, or it is hard to see someone betting a large amount that he/she cannot provide. The percentage would be significant to check how much the possible income could be.

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February 06, 2019, 08:00:26 AM
 #304

only one site that I love playing with cryptocurrency through the luckygames web,
many of the faucets collection im drop here out there
and game practice only targets chatting situations.
guided by other players as they say. "today a lot of red"
so I limit the number of bits to 150 laps.
but, by the next day maybe 550 rounds of bits
it may be ascending or descending according to the discretion.

between the padded target coin is like
Litecoin
Ethereum
Monero
Dash
Dogecoin
Clams
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which is my pleasure to determine the direction of profit
boyptc
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February 06, 2019, 08:04:44 AM
 #305

I also used most of the time with Bitcoin to be the preferred currency for my gambling because the income came from Bitcoin is more higher than the other currency that I have been used that's why I use Bitcoin as the first preference for gambling
There's no basis that the income/winning you'll get through bitcoin is higher than other accepted altcoins.

Winning depends on the amount you had bet, be it bitcoin, ethereum, dogecoin or any other altcoins.
What about comparing different bets in percentages? For example, you bet, and X amount and you win Y amount. How much is Y to the X amount so you could compute for it in percentage? I think it's better to compare with that rather than the amount of bet. Not everyone can afford a high amount, or it is hard to see someone betting a large amount that he/she cannot provide. The percentage would be significant to check how much the possible income could be.
It's also a good way to compare your bets but I'm not very effective with this kind of comparison.

Someone who's betting with high amount that she/he cannot provide is prone to have tons of debts afterwards.

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February 07, 2019, 08:24:37 AM
 #306

To be honest, I have chosen only the fastest transacted cryptocurrencies. For this, I used Bitcoin at the initial stage but later on moved to another one just because of lack of speed.

But Now there are many options avail to make transactions blazing faster. Stellar or Ripple offers the fastest transactions, which gives more mobility speed, security, and transparency to users while using them as a currency.

Gambling is one industry but there are many other industries which can also get impacted with such speedy digital transactions held with digital tokens electronically.

crwth
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February 07, 2019, 02:23:24 PM
 #307

I also used most of the time with Bitcoin to be the preferred currency for my gambling because the income came from Bitcoin is more higher than the other currency that I have been used that's why I use Bitcoin as the first preference for gambling
There's no basis that the income/winning you'll get through bitcoin is higher than other accepted altcoins.

Winning depends on the amount you had bet, be it bitcoin, ethereum, dogecoin or any other altcoins.
What about comparing different bets in percentages? For example, you bet, and X amount and you win Y amount. How much is Y to the X amount so you could compute for it in percentage? I think it's better to compare with that rather than the amount of bet. Not everyone can afford a high amount, or it is hard to see someone betting a large amount that he/she cannot provide. The percentage would be significant to check how much the possible income could be.
It's also a good way to compare your bets but I'm not very effective with this kind of comparison.

Someone who's betting with high amount that she/he cannot provide is prone to have tons of debts afterwards.
I don't know if you're talking about computing for the percentage or not. But there is Gains & Losses calculator on the internet like this.
 
https://www.babypips.com/tools/gain-loss-percentage-calculator

It's not very helpful for Bitcoin because of the significant figures accepted by the calculator, but I think you could form an idea now about it.

That's the problem also with some people, betting a high amount that they cannot afford. That's just irresponsible and probably being too confident about themselves.

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February 09, 2019, 03:48:25 PM
Merited by guoyu78 (2)
 #308

To be honest, I have chosen only the fastest transacted cryptocurrencies. For this, I used Bitcoin at the initial stage but later on moved to another one just because of lack of speed.

But Now there are many options avail to make transactions blazing faster. Stellar or Ripple offers the fastest transactions, which gives more mobility speed, security, and transparency to users while using them as a currency.
Although a lot of casino now accept different crypto currencies for playing gambling, line bitcoin, ripple, etherium and some many other crypto currencies, but I personally like to play gambling using bitcoin and etherium. In fact I feel it more easy for me to use bitcoin or etherium for playing gambling.

https://www.babypips.com/tools/gain-loss-percentage-calculator

It's not very helpful for Bitcoin because of the significant figures accepted by the calculator, but I think you could form an idea now about it.
Is it ? But I do see it is just a calculator for forex traders or for any trader to find out their daily profit or loss percentage.
After deciding to gamble, we should not bother about profit or losses. If you get profits then it is just a bonus for gamble more tomorrow. If no profits, then you need to assume that you had paid some fees for your entertainments. That's all. No need to calculate anything in gambling as it is a place to spend Wink.

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February 19, 2019, 06:13:35 AM
 #309

After deciding to gamble, we should not bother about profit or losses. If you get profits then it is just a bonus for gamble more tomorrow. If no profits, then you need to assume that you had paid some fees for your entertainments. That's all. No need to calculate anything in gambling as it is a place to spend Wink.
People when enter a casino their only aim is to make money, they consider gambling an easy way of making money, therefore they always do the calculation for their profit or lost. I think that only those people who come to casino to play gambling only for fun and enjoyment, they do not ever care about their profit or lost.

I don't know if you're talking about computing for the percentage or not. But there is Gains & Losses calculator on the internet like this.
 
https://www.babypips.com/tools/gain-loss-percentage-calculator
Do we really need a script to calculate that how much we are spending for gambling ? I mean just subtraction will get us to know that we are in profits or now. But the problem for some gamblers would be, when they gamble with some altcoins and due to market fluctuations they will never realize the actual worth of their betting amount. I guess no gambling houses is notifying that in USD values as far as I have checked.

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February 19, 2019, 06:49:02 AM
 #310

Bitcoin is only favourite of mine because we can convert it into fiat as easy when comparing to other coins and also more sites accepting bitcoins when compared to ethereum or other coins.

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February 19, 2019, 09:11:36 AM
 #311

Bitcoin is only favourite of mine because we can convert it into fiat as easy when comparing to other coins and also more sites accepting bitcoins when compared to ethereum or other coins.

I never gamble with the top coins as those are the one which is much worthy than its present value. So losing those in gamble is like losing a future fortune when it will be worth much more multiple times than its present value. So why to gamble with such coins.

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February 19, 2019, 09:47:52 AM
 #312

Bitcoin is only favourite of mine because we can convert it into fiat as easy when comparing to other coins and also more sites accepting bitcoins when compared to ethereum or other coins.
Yes, that is one of the reason why i choose bitcoin too. Most of casino only accept bitcoin as the currency, especially sportsbook and i'm a sports bettor but in some crypto casinos, they are accepting others too and the 2nd crypto that i really like is Doge. 1st bitcoin and Doge for second position.



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owengtam09
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February 19, 2019, 12:03:03 PM
 #313



Let us know what your favorite currencies are to gamble with.

Possibly we will start accepting your favorite currency on our site Bit-Exo.com if its not supported yet!

Our site currently already accepts: BTC, LTC, CLAM, DOGE and BXO

Make sure to submit a vote if you leave a reply


I still use bitcoin, but I read some stories that he is using altcoin because he does have better profited with altcoins, maybe because altcoik has a lesser price so it is not hard for him to take multiple bets in every game. He accumulates more with altcoins than bitcoin. I don't still try it but maybe this year I will try to use altcoin.

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February 19, 2019, 12:19:26 PM
 #314

I also used most of the time with Bitcoin to be the preferred currency for my gambling because the income came from Bitcoin is more higher than the other currency that I have been used that's why I use Bitcoin as the first preference for gambling
There's no basis that the income/winning you'll get through bitcoin is higher than other accepted altcoins.

Winning depends on the amount you had bet, be it bitcoin, ethereum, dogecoin or any other altcoins.
Yeah chance of winning is not determined by the currency you use to gamble, if bitcoin has a greater chance, of course everyone will gamble using bitcoin rather than other altcoins. the chance to win is determined by the number of bets, amount of bet, luck and etc.

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February 19, 2019, 12:23:52 PM
 #315

If you like to gamble by playing dice, I believe that the best cryptocurrencies to use are those which provides you high levels of scalability and fast transaction speed. I am lately gambling with TRX and I use a browser extension that gives me the option to play directly from my wallet making the deposits and withdrawals instant.

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February 19, 2019, 12:28:50 PM
 #316

Bitcoin is only favourite of mine because we can convert it into fiat as easy when comparing to other coins and also more sites accepting bitcoins when compared to ethereum or other coins.
Most casino's accepts bitcoin first and with the preferred choice of altcoins, they are with ethereum. Gambling with bitcoin now seems good again as the market goes up again. While gambling with some altcoins that we prefer and willing to lose, it can be those altcoins that we really don't have interest of holding or we accept as shitcoin. For altcoins, they have been boasting of those Dapps but it seems that there's not that much interest to it and gamblers always prefer bitcoin.

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February 19, 2019, 12:34:08 PM
 #317

I often use Bitcoin to gamble playing dice. I also used Ethereum and Doge to play but it was rare.



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NavI_027
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February 19, 2019, 12:42:55 PM
 #318

Bitcoin is only favourite of mine because we can convert it into fiat as easy when comparing to other coins and also more sites accepting bitcoins when compared to ethereum or other coins.
You're right but if I ever had a chance to make a bet using eth or xrp then I'll go for it instead of using btc because first I want to preserve the value of my btc, I don't want to spend it as much as possible. And besides, there would no issues at all since the wallet I'm using supports such coins and I've also heard some few testimonies (though I'm not pretty sure about this) from other gamblers that using alts is also good because of faster transactions and lower fees.

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February 19, 2019, 12:59:35 PM
 #319

Bitcoin and xrp, but I’m more on playing on casinos which usually I usef fiat money for this one. There are some good altcoins to use in gambling but I think its limited in terms of the gambling sites who don’t accept that coin, bitcoin is always on the gambling sites anyway.

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February 19, 2019, 01:10:37 PM
 #320

Bitcoin is only favourite of mine because we can convert it into fiat as easy when comparing to other coins and also more sites accepting bitcoins when compared to ethereum or other coins.
You're right but if I ever had a chance to make a bet using eth or xrp then I'll go for it instead of using btc because first I want to preserve the value of my btc, I don't want to spend it as much as possible. And besides, there would no issues at all since the wallet I'm using supports such coins and I've also heard some few testimonies (though I'm not pretty sure about this) from other gamblers that using alts is also good because of faster transactions and lower fees.
Lower fees is one of those reason why gamblers tend to use alts and aside from that the mindset that bigger bankroll can extend them to keep playing,
not sure if I'm the only one observe things like this, but personally I experienced there's a difference when you are using doge and btc, though when
greediness conquer your minds the end results are just the same.




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