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Author Topic: Is Block Chain going to be the only option for the Gaming industry ?  (Read 575 times)
crwth
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November 14, 2018, 11:16:30 PM
 #21

If there was something better than blockchain, to prevent from further cheating of the game or to add more chances of winning for the casino, I think it would be an option, but right now, we are currently undergoing one of the most significant technological advances in transactions and has an opportunity to be applied to other applications. Gambling area would be an excellent place to make sure that there is no cheating involved, just the new house edge. I think people who gamble using cryptocurrencies should know how to verify their bets.

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November 15, 2018, 06:26:44 PM
 #22

It's not the only option but It's the best one. Provably fair hasn't been defeated yet, so we all know that it works. Of course it's important to note that we're talking about online gambling. Real casinos have too much to lose so nowadays they never try to scam people. Probably the closest they get to scamming is setting up slot machines to increase the odds. Some of the industry will never go online because they know that there's money to be made in face to face gambling.

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November 15, 2018, 07:03:03 PM
 #23

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?
With a bit of some gambling experience I will tell you that we love nothing less than proof and this is possible with crypto based casinos which allow us to verify a seed through decentralized gaming to ensure that it's truly probably fair to the player...which leads me to say this is truly the future of gambling.
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November 15, 2018, 08:20:03 PM
 #24

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?
Maybe it will happen in future, maybe - not. I highly doubt slot providers or etc move on it. Btw for card games they use random number generator with certificate of it's fairness. Currently blockchain technologies are going to implemented in more important tasks like land registry and so on because it adds an extra layer of protection to stored information.

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November 30, 2018, 01:58:14 PM
 #25

I think yes for now blockchain especially using smart contract for auto payments is a perfect system to avoid scam from gambling site owners, in a centralized gaming site many instances reported for delaying winning rewards especially if it involves huge amount and the owner refuses to withdraw with so many reasons after you give up and receiving nothing, that was frustrating, blockchain can solve all of this problems.

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December 01, 2018, 03:21:44 PM
 #26

I don't think it's going to be the only option, because the traditional casinos play a big role on the industry, especially the land based casinos, and their customers aren't worried about implementing Blockchain technology. Blockchain would become a must only if an overwhelming majority of gamblers ask for that, impacting the profits of traditional casinos, forcing them to make changes.

Anyway decentralized casinos aren't a guarantee of anything for many people. It's common to see people here saying even Crypto casinos with provably fair system cheat the players.

 
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December 01, 2018, 05:30:25 PM
 #27

I don't think it's going to be the only option, because the traditional casinos play a big role on the industry, especially the land based casinos, and their customers aren't worried about implementing Blockchain technology. Blockchain would become a must only if an overwhelming majority of gamblers ask for that, impacting the profits of traditional casinos, forcing them to make changes.

Anyway decentralized casinos aren't a guarantee of anything for many people. It's common to see people here saying even Crypto casinos with provably fair system cheat the players.

Till now even without block chain gambling has being running and was functioning well. So with blochchian it enhances an option of paying through online. It is an added advantage for the people who know how to use it and can make payment through it. But generally even if it stops it would not effect that much that can cause gambling a danger.

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December 01, 2018, 11:00:46 PM
 #28

Such manipulations do occur in so many occassions. But having that decentralized gaming industry, how would that be? blockchain can't only be applied for payment but that's what we can see with the gambling industry, it's sole purpose is for the payment.

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December 01, 2018, 11:41:20 PM
 #29

Such manipulations do occur in so many occassions. But having that decentralized gaming industry, how would that be? blockchain can't only be applied for payment but that's what we can see with the gambling industry, it's sole purpose is for the payment.

Nah, we can use Bitcoin as a payment when it comes online gambling industry. Because of blockchain technology and as what has Bitcoin's have, in every transaction made by blockchain it will be brought more convenient to do gambling especially when you are at home.
Meanwhile, as of now, I didn't have any experience on this since I do not fan on gambling.
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December 08, 2018, 06:22:59 PM
 #30

Such manipulations do occur in so many occassions. But having that decentralized gaming industry, how would that be? blockchain can't only be applied for payment but that's what we can see with the gambling industry, it's sole purpose is for the payment.

Blockchain is not only for payment we can apply for so many fields like government sectors,to record information and in gaming industries too.There are many blockchain based games are available but they are not much reputed for now.
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February 08, 2019, 05:59:43 AM
 #31

Blockchain can decrease scam for the gambling industry as it cant be easily. manipulated  due to its transparency and immutablity.
By the way, I thought most of the so called blockchain gambling sites do not really use blockchain but cryptocurrencies? Are there  gamblings  that are fully blockchain based/
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February 08, 2019, 08:10:58 AM
Last edit: February 08, 2019, 09:34:02 AM by imstillthebest
 #32

Blockchain can decrease scam for the gambling industry as it cant be easily. manipulated  due to its transparency and immutablity.
By the way, I thought most of the so called blockchain gambling sites do not really use blockchain but cryptocurrencies? Are there  gamblings  that are fully blockchain based/

Gambling reputation is negative and cant be erased even if they will shift to the blockchain .  gambling is not scamming nor cheating us because we think that they are always winning . thats not true . many players do also won and other gambling sites do also experience to go bankrupt.

block c. tech. isnt the only option for gambling industry because there are actually alot of platforms and technologies out there . blockchain is only new and it has some unique feature that can beat the existing ones  .
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February 08, 2019, 08:36:30 AM
Last edit: February 08, 2019, 08:49:05 AM by coinplus
 #33

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
If decentralized casinos are the future then crypto may remain as only option to gamble with. Scams or hacking are happening as a common event everywhere hence only due to that reason, I am not seeing decentralized platforms to be more famous. I mean unless otherwise decentralized platforms are having their own attractive features and facilities to provide the maximum comfort and convinces, they cannot be the future way of gambling.

I foresee the co-existing of both types of casinos in coming years as none of them will be fulfilling all the expectations of a gambler and gamblers will choose either of them according to their need. Probably when more popularity and need of decentralized systems will be happening, we may see decline of centralized casinos.

Regardless of booming of decentralized casinos, I do see cryptos to be future of casinos. Yes, cryptos have already proved its worth for gambling hence cryptos will be the future of gambling and blockchain technology may follow cryptos slowly.
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February 08, 2019, 09:24:31 AM
 #34

The use of DAPPS for proper decentralised gaming is only just beginning really, most websites are really centralised without only the payment methods having a connection to crypto.     I'd say we have a long way to go to advance the proper distribution of risk away from so many websites which are singular points of failure and risk for a consumer.     The best thing to do until that point is to reduce size to not hold too much in one place

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February 08, 2019, 02:44:17 PM
 #35

Such manipulations do occur in so many occassions. But having that decentralized gaming industry, how would that be? blockchain can't only be applied for payment but that's what we can see with the gambling industry, it's sole purpose is for the payment.

That’s only the purpose of blockchain, to receive payment and to be more liquid aside from this there is none since most of the gambling site have their own system to use for. Manipulation is always there, but the technology is growing and we can’t be comfortable about the usage of blockchain.
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February 08, 2019, 02:51:52 PM
 #36

Such manipulations do occur in so many occassions. But having that decentralized gaming industry, how would that be? blockchain can't only be applied for payment but that's what we can see with the gambling industry, it's sole purpose is for the payment.

That’s only the purpose of blockchain, to receive payment and to be more liquid aside from this there is none since most of the gambling site have their own system to use for. Manipulation is always there, but the technology is growing and we can’t be comfortable about the usage of blockchain.
There has a lot of other usages of blockchain than the only payment system. People are also utilizing it. China court said they will accept proved from blockchain based platform from copyright issue.

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March 05, 2019, 05:03:46 PM
 #37

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?

Well, it just shows and proves how useful block chain technology is nowadays that as time passes by, such innovations regarding money remittance in terms of fast transactions is one of the first purpose of it but now, it has already entered the gaming industry providing a convenient gaming experience with regards to online payments that must be done before consuming such gaming experience from service providers. Well, it does not certainly make gaming experience decentralized because there are games that just makes sense of using its conveniency in terms of payment processes. Talking about gambling, especially online, block chain technology has been adapted to suit players needs of fast transactions of deposit but it does not mean that block chain technology can only be the option for gaming experience because there is still make use of fiat depending on the resources you have. Well, in my gaming experience, I have already got into using block chain technology for my online games especially when it comes to online gambling into an online casino I am currently into that accepts Bitcoin deposits for me to be able to enjoy playing their variety games as well as their welcome bonus for doing my first deposit.
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March 25, 2019, 06:05:28 PM
 #38

Blockchain will be used not only in gambling and a payment gateway, but also it will be used on every branch of life. We have to wait to see what happen finally.

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March 25, 2019, 07:45:15 PM
 #39

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?
The decentralized system is the only system that can keep scam and manipulation out of the gambling and gaming industry.  We have seeing that happening already and I see a lot of improvement in future.  I three to four years to come we would see all this in full operation.
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March 25, 2019, 09:11:33 PM
 #40

Blockchain will be used not only in gambling and a payment gateway, but also it will be used on every branch of life. We have to wait to see what happen finally.
Well, the OP was not asking about blockchain uses but he was asking if blockchain could the only best option gambling gaming industries which I will say yes because in the situation where trust is needed while cheat is totally not acceptable it will get if blockchain was used.

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