Butterscotch Cartman (OP)
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January 20, 2019, 11:13:40 PM |
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Fiat casinos are actually regulated and you won't get some shady off shore website witholding your funds because you didn't pass a background check. It seems like none of these crypto services even offer anonymity and transactions are actually slower than fiat services. Whats even the benefit of using crypto to gamblefor you guys?
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jhongzjhong
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https://bmy.guide
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January 21, 2019, 09:18:25 AM |
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Fiat casinos are actually regulated and you won't get some shady off shore website witholding your funds because you didn't pass a background check. It seems like none of these crypto services even offer anonymity and transactions are actually slower than fiat services. Whats even the benefit of using crypto to gamblefor you guys?
Why use cryptocurrency for casinos? 1- privacy- your identity is protected 2 - less bureaucracy. You can gamble in casinos in America, China or Europe, without any paperwork. 3- cheap and fast transactions - a swift may cost up to 45 USD to send money from USA to Europe. A BTC transaction may be done with like 0.10 usd or less. That is right, in addition. You can gamble anonymously and have a convenient way when you are in gambling. No need to go into the casino just to gamble, you can do it even in your room facing at your laptop/PC. However, there still people choosing to gamble using fiat but that is their preferences where they are comfortable in that way, each one of us having preferences in choosing a currency which feels better. |
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Pagoda.to
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January 21, 2019, 02:34:26 PM |
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most people still do but have not realized the future of gambling with crypto and why its such a better option. There is also the provably fair system which cannot be implemented in normal casinos.
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Ucy
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January 31, 2019, 06:47:29 AM |
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Thought there are trustless/permissionless way of gambling with cryptocurrency? There should be some on ethereum and Eos blockchain.
Well this what cryptocurrency/blockchain ought to solve if there are none.
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avikz
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January 31, 2019, 09:09:54 AM |
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Fiat casinos are actually regulated and you won't get some shady off shore website witholding your funds because you didn't pass a background check. It seems like none of these crypto services even offer anonymity and transactions are actually slower than fiat services. Whats even the benefit of using crypto to gamblefor you guys?
There are multiple benefits of a crypto casino. Let me list few of it for your reference, 1. Crypto casinos are not restricted by region. There are many countries where gambling is banned. But crypto casinos are open to those geographies where anyone from any part of the world can play and enjoy casino games from the comfort of their home. 2. Not all crypto casinos require KYC docs to verify the identity of a player. That is one of the basic checks that any player can do before depositing money in to any crypto casino. There are exceptions as well but they are very few in numbers. So anonymity is a plus here! 3. Transactions are not slower. There are multiple crypto casinos available who allows people to play immediately after deposit of cryptocurrencies without even having 1 confirmation. Again an advantage over fiat casinos. 4. If you belong to a region where gambling is banned, you can take benefit of crypto casinos and you don't need to disclose that income unless you are exchanging a huge amount of money. Little risky but still counts as a benefit! There are many other, but these are sufficient as of now! |
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jademaxxiss012
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January 31, 2019, 09:49:57 AM |
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Yeah you have a good point there buddy. Everything just made more complicated using crypto in betting. However, there are advantages too in using crypto for betting. One of it is that you will going to be anonymous and you can even bet online just using your smartphones and laptops connect to internet. This is way better than going outside casino to gamble or bet.
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TechComputer
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January 31, 2019, 10:19:39 AM |
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There are options whether you want to play with fiat or crypto. Usually, websites who accept fiat is really not safe. They cannot prove their legitimacy with 100% provably fair system just like crypto does.
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Dreamchaser21
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January 31, 2019, 11:21:45 AM |
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Fiat casinos are actually regulated and you won't get some shady off shore website witholding your funds because you didn't pass a background check. It seems like none of these crypto services even offer anonymity and transactions are actually slower than fiat services. Whats even the benefit of using crypto to gamblefor you guys?
Crypto casinos offers new technology and a lot more ways to earn profit, it also gives convenience to the gamblers and most of the gambling sites are secured and huge enough to protect you. Gamble with fiat money is fine, but you can’t stop someone to play online using cryptocurrency because we saw a good opportunity in this market. |
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Lassie
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bounty manager? contact me: https://bit.ly/2skHgzN
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January 31, 2019, 11:47:46 AM |
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Fiat casinos are actually regulated and you won't get some shady off shore website witholding your funds because you didn't pass a background check. It seems like none of these crypto services even offer anonymity and transactions are actually slower than fiat services. Whats even the benefit of using crypto to gamblefor you guys?
Almost all fiat betting sites will require KYC and banks can trace you while using crypto you are untraceable if you know how to use it in short its because of privacy. Do you want your personal information to be scattered on the internet? |
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crzy
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January 31, 2019, 12:06:18 PM |
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Fiat casinos are actually regulated and you won't get some shady off shore website witholding your funds because you didn't pass a background check. It seems like none of these crypto services even offer anonymity and transactions are actually slower than fiat services. Whats even the benefit of using crypto to gamblefor you guys?
Almost all fiat betting sites will require KYC and banks can trace you while using crypto you are untraceable if you know how to use it in short its because of privacy. Do you want your personal information to be scattered on the internet? Have you heard the news about the facebook breach on their system? And have you tried to share some photos on facebook? If yes I think you are no longer private since you’ve already share it on social media. Same thing in gambling online, so if you can’t handle that then don’t gamble. Fiat money might be more liquid but some gamblers still prefer to play online. |
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eternalgloom
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January 31, 2019, 12:24:47 PM |
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I don't know at which casinos you are playing, but I've never had the experiences you've mentioned.
Pick a casino that accepts altcoins, I tend to use Litecoin a lot for depositing, doesn't take more than 5 minutes, usually it's faster even.
A lot of casinos don't require any KYC, especially cryptocurrency casinos.
I've also seen fiat casinos require KYC.
The BIG downside of fiat casinos is the fact that they do not offer instant withdraws.
While I can play at a cryptocurrency casino and get my winnings any time I want.
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imstillthebest
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January 31, 2019, 12:37:45 PM |
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Whats even the benefit of using crypto to gamblefor you guys?
Gambling on our place is illegal because there's a police that roving all the time . so i have no choice , i can only play gambling peacefully thru online using cryptos . crypto as a medium for gambling is beneficial because i can obtain cryptos for free and that means i can play gambling without cashing in my own cash . this idea is not possible when i gamble with fiat . |
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Kemarit
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January 31, 2019, 01:18:30 PM |
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Just like what others have said, it has something to do with KYC. There are crypto related casino who don't require you to pass any info to be able to withdraw. And there are casino's which offer good bonuses and other incentives which a traditional fiat casino doesn't offer to its customers.
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Indamuck
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January 31, 2019, 02:03:57 PM |
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Just like what others have said, it has something to do with KYC. There are crypto related casino who don't require you to pass any info to be able to withdraw. And there are casino's which offer good bonuses and other incentives which a traditional fiat casino doesn't offer to its customers.
Its not that difficult to identify someone through their bitcoin transactions. Unless they are very careful with mixers and swapping for other coins they can have their identity pinned. Most people really don't care about privacy anyways and the statistics prove this. |
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DeathAngel
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#1 VIP Crypto Casino
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January 31, 2019, 03:20:02 PM |
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I gamble with crypto & in normal fiat bookies also. I don’t have a preference really although I probably gamble with fiat more often.
If you do your research & use well respected crypto bookies you won’t have an issue though.
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swogerino
Legendary
 Online
Activity: 3150
Merit: 1234
Leading Crypto Sports Betting & Casino Platform
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January 31, 2019, 03:26:30 PM |
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I play in both casinos but I prefer crypto casinos more because they offer you better anonymity than fiat casinos. Crypto casinos also used to have a much lower minimum bet but fiat casinos have catch up really well here too. Not all cryptos are shady, check the gambling board and play only in the ones with highest positive reviews.
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livingfree
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January 31, 2019, 10:07:27 PM |
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How can transactions from online casino's are actually slower? I don't find it slow if sometimes there has been delayed made by their process. We just have to comply just like what we've been doing when you start to take profits in casino's. Whats even the benefit of using crypto to gamblefor you guys?
You say that it's not offering anonymity but you were wrong with that thing. It's one reason why most crypto gamblers are staying, they offer no registration and you're free to hide your information and you can even cashout without discussing your info. |
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Ridwan Fauzi
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February 01, 2019, 03:00:48 PM |
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The main purpose for some people who use crypto to play casino is they don't need to out of the house to play with. Just stay in home without hustle and anything that will interfere when he is playing. Althought this is depend on someone type, if he like a hustle to build his passion and showed his expertise when playing casino. However, for some people who likes stillness when he is playing then use crypto is the best way to do. Because casino online that use cryptocurrency nowadays is much, you only choose one place which you think can be profitable.
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joganuts
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Gric Coin - Redefining Agriculture and Increasing
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February 25, 2019, 01:08:32 AM |
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It's because gambling with fiat for me, is more expensive. Another reason is that, I'm easily getting tired of waiting so I can sit for the game that I want. Unlike gambling with crypto, I'm very free to play anytime I want.
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Gomburza
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February 25, 2019, 01:51:19 AM |
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It's because gambling with fiat for me, is more expensive. Another reason is that, I'm easily getting tired of waiting so I can sit for the game that I want. Unlike gambling with crypto, I'm very free to play anytime I want.
So do you mean you can't play real gambling anytime? |
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