Is Block Chain going to be the only option for the Gaming industry ?

[Ramya494]

All the gamers round the world are these days ending up in playing games like Casino,Poker on the centralized platforms because of the manipulation happening around and so the craze of decentralised gaming is incresing day by day,it's been increasing rapidly that I was just wondering will it become the only option for the scam-free gaming industry?If so when would that happen?

[avikz]

Might not be the only option but it's surely the best option. A gaming platform that its payment is done through the blockchain is far preferable than a centralized one although not everyone will buy the idea that's why I said it's the best option but won't be the only one.

Making payments through blockchain doesn't make a gaming platform a decentralized one! It's just a payment method they have adopted and not the blockchain! They are simply called crypto casinos and not a blockchain or decentralized casino! Due to local laws on gambling, many people prefer to stick with crypto casinos because that way, they can overrule the local gambling laws and still enjoy gambling if it is banned as per their local law.

Now coming back to the main question, I won't say blockchain is the only option available but surely it looks like the most prominent one! And that's true for almost every sector which involves public money. The kind of security and transparency blockchain can offer, eventually every single business involving public money will move to blockchain at some time in future.

[BuyBuyBitcoin]

All the money (fiat) is with the gaming sites that use the random number generator system with games. That about $50 billion a year industry right now, change is slow when people are making money.

Poker isn't as popular as it once was, so if pokerstars does it, it will be popular but unlikely they will change their shuffle system.

Casino it makes sense because it could show gamblers what the return to player is on games like slots. Different casinos offer different % back to players when they gamble, you never know if that can be trusted.

Sports betting and horse racing seem like the one more likely to takeover (imo) because certain countries there just isn't an option to bet on sports. Some countries it's illegal and bookies see opportunity obviously.

The gambling forum here is fairly active
https://bitcointalk.org/index.php?board=56.0

Warning, it is like ICO's and shitcoins currently, with a few scam sites popping up here and there. Most of the ones catering to crypto seem to have a little niche that isn't currently being served by the real money gambling sites.

There are a few gambling projects claiming they will launch 100% decentralized gambling sites in the future. Whether that's possible, time will tell.

[bigmaster23]

Using blockchain for casino game will help only those casino president as for the gambler like example, gambler addict to cling at the ivy any moment will cut itself reason for gambler to fall into chaos, debt, loneliness, destruction, and any words fit this catalogue, you name it how fair is that? Did we think helping the casino get a more decentralized system would help the society altogether?

[pat4cryptoreal]

Using cryptocurrency as a means of payment in gaming gives the gaming platform an easy global usage. It will attract gamers across the globe. I don't know why you use the phrase  scam-free gaming industry, We all know that all gambling are always risky and you play at your own risk. 

[Oniko]

This is not the only option for the gaming industry.

But the blockchain solves many problems in the organization of the gambling business and inspires confidence from investors and platform users.

[Real_Person]

Is Block Chain going to be the only option for the Gaming industry ?
Illegal or not, casino owners make money off of the weakness of others. When you have the freedom to do something, does that make it OK?

[EricDMaldonado]

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[bellamente]

In the gaming industry, the main trust from users and it is the blockchain that gives 100% confidence that customers will get their money.

I think blockchain is the only right decision.

[tightcoat490]

I think all industries will need to run on blockchain tech in the near future or people just won't participate because they won't trust anything else.

Total decentralization is also inevitable but will be less immediate. The public will have control over just about everything and is great news for global human rights and equal opportunity.

[tdrinker]

All the gamers round the world are these days ending up in playing games like Casino,Poker on the centralized platforms because of the manipulation happening around and so the craze of decentralised gaming is incresing day by day,it's been increasing rapidly that I was just wondering will it become the only option for the scam-free gaming industry?If so when would that happen?

Long term it's going to be the best option, if someone can develop an interface on a par with the centralized gaming platforms then I see no reason someone wouldn't opt for the decentralized option. Taking poker for example, the rake would be much less (this kills most peoples chances of making a profit normally) and everything would be transparent, no doubts about cards being rigged etc etc.

[DennyPen]

Gaming is one of the niches that accept btc faster. That given us a grounded hope that btc will become a great collaboration tool in between sponsors and the gaming community.

[sunsilk]

I agree with what avikz explained. They have adopted blockchain through payment system but they need to operate through their own system manually.

They are centralize somehow with their operations but with the payment, they are applying blockchain with it. I see projects that are using blockchain on their gaming platform but they aren't making noise.

[el kaka22]

All the gamers round the world are these days ending up in playing games like Casino,Poker on the centralized platforms because of the manipulation happening around and so the craze of decentralised gaming is incresing day by day,it's been increasing rapidly that I was just wondering will it become the only option for the scam-free gaming industry?If so when would that happen?

Gambling and gaming are very different words. For gambling I doubt blockchain will be the only option because there are games that can't be provably fair, poker games for example can't be provably fair, most games that are human vs human can't be provably fair, which means blockchain brings nothing to the table any regular software could bring and that is why blockchain won't be the only option in gambling, it may get wider attention all around the world, there is still a piece of market share it can cover but it still won't be really big deal.

Gaming is a totally different word, that is for games and games have nothing to do with gambling, yeah in casino we call them "games" but gaming industry is totally different and has nothing to do with blockchain, blockchain games are getting bigger recently but that has nothing to do with gambling discussions.

[kryptqnick]

All the gamers round the world are these days ending up in playing games like Casino,Poker on the centralized platforms because of the manipulation happening around and so the craze of decentralised gaming is incresing day by day,it's been increasing rapidly that I was just wondering will it become the only option for the scam-free gaming industry?If so when would that happen?

Blockchain doesn't automatically guarantee that there will be no scam. There are many blockchain casinos that might even be provably fair but simply refuse to pay when someone wins too much. That's why smart contracts were created. They can manage all of the payments automatically when certain conditions are met, allowing to guarantee that the winners will be rewarded. Blockchain is great for gaming and its possibilities are not fully explored. It's not just a way of monetization, is can allow to create new games that are based on the essense of this tech.

[milewilda]

Might not be the only option but it's surely the best option. A gaming platform that its payment is done through the blockchain is far preferable than a centralized one although not everyone will buy the idea that's why I said it's the best option but won't be the only one.

Making payments through blockchain doesn't make a gaming platform a decentralized one! It's just a payment method they have adopted and not the blockchain! They are simply called crypto casinos and not a blockchain or decentralized casino! Due to local laws on gambling, many people prefer to stick with crypto casinos because that way, they can overrule the local gambling laws and still enjoy gambling if it is banned as per their local law.

Now coming back to the main question, I won't say blockchain is the only option available but surely it looks like the most prominent one! And that's true for almost every sector which involves public money. The kind of security and transparency blockchain can offer, eventually every single business involving public money will move to blockchain at some time in future.

The thing you have said was right where using blockchain tech on a gambling business wont mean that is already decentralized the only thing it differs to traditional gambling site is the transparency but when it comes to manipulation. Crypto gambling sites isnt really totally safe at all when it comes to manipulation they can still apply it out but somehow its really easy to discover out unlike on centralized ones.
People or gamblers do prefer out to make use of crypto due to accessibility and anonymity.

[coolcoinz]

I see blockchain's chance not in the decentralization, because as others have pointed out it using a decentralized payment option doesn't make the site decentralized, but in the anonymity and availability. Casinos aren't decentralized, just like most exchanges but blockchain adds the provably fair option and invites people who aren't allowed to play due to fiat restrictions in their countries.

[leowonderful]

Most of the popularity for online blockchain-based casinos comes from the fact that there is no identification required, thus allowing essentially anyone including minors to gamble. There are still fiat casinos out there that do things better than crypto casinos in several aspects, so I don't think that crypto-based casinos are going to completely replace fiat gambling, but it's definitely taking away a good chunk of the userbase of fiat casinos as of right now.

The adoption of cryptocurrency by gaming sites is also good for crypto adoption, which is good for essentially everyone in crypto already. Considering how big the gaming industry is at this moment in time, this is actually very significant.

[YuginKadoya]

I really think you are talking about gambling online and not a decentralized one the method of payment would be decentralized but the game of gambling is online and not in traditional one, I really think if there is manipulation in traditional casino's and gambling places there are house edge in online gambling that can be regarded as manipulation because the house would certainly wouldn't let you win, So In my opinion Traditional and online gambling are the same that is why gambling really is risky. 

[rodskee]

All the gamers round the world are these days ending up in playing games like Casino,Poker on the centralized platforms because of the manipulation happening around and so the craze of decentralised gaming is incresing day by day,it's been increasing rapidly that I was just wondering will it become the only option for the scam-free gaming industry?If so when would that happen?

Nope there are so many options for online gaming
Online gambling companies use blockchain because so far this the best option
In my own opinion blockchain use for fast payment transactions how casino can maniiptlation
Or scam the games