FontSeli
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February 28, 2019, 11:33:44 AM |
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It's because if it's not being taxed, it can be already considered as illegal. Also, gambling with cryptocurrency I think is easier since it's easy to transfer, low fee, and very fast at the same time.
At the moment, payments from cryptocurrency casinos are much more difficult to track and therefore it is more profitable to play in them in this regard. I like the idea of the existence of such casinos, it allows you to find a wider use of cryptocurrencies.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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sana54210
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March 02, 2019, 02:47:56 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?
Gambling with FIAT personally in my country is illegal and anyone caught doing this risk going to jail. Either Live or Online because if you are to play online you have to make deposit to a gambling site using your debit card which the history will pop up in the bank that deposit was made into a gambling account which investigation will commence immediately but crypto has help people like us to gamble freely now because it protects one’s privacy, no one will know if your money was deposited into a gambling site or not, so for that privacy alone, crypto has helped a lot.
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Oceat
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March 02, 2019, 02:57:20 PM |
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It's because if it's not being taxed, it can be already considered as illegal. Also, gambling with cryptocurrency I think is easier since it's easy to transfer, low fee, and very fast at the same time.
At the moment, payments from cryptocurrency casinos are much more difficult to track and therefore it is more profitable to play in them in this regard. I like the idea of the existence of such casinos, it allows you to find a wider use of cryptocurrencies. Gambling with cryptocurrency is widely used every day in online casinos, it makes you to play as much as you like without stopping you to play all day long as long as you do have the crypto to play gambling. The reason why such people don't like to gamble with fiat is the delay of taking it out because there is a lot of processes the user to undergone before he could get it all. Would you like to gamble if your bankroll were being held for a couple of days before you can play again? Though on the other hand, it is helpful to not spend most of your money if you are losing already.
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3996
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GregH37
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March 04, 2019, 04:12:07 AM |
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Fiat casino is far from our house and the capital isn't that huge so why bother going to physical casino if I have a choice that is more convenience. All I need is internet data and I can play right away, anytime I wanted, not bothering I wear. Plus, for me wether online or physical casino still the chances of winning is low.
That is not very motivating. I think that with the passage of time, you would get good experience and that experience can help you win high. But till then, I would suggest you to invest in any side business because this is very important as you just cannot rely on the income from what you do in gambling. There is very less probability for that so to be on the safe side, you should come out of your safe zone, put on a yellow T-shirt and start making money. But gambling doesn’t mean that the person gambling isn’t doing one or two other things out there to make money, after all the money used in gambling was gotten from somewhere, some play gamble to be able to see how they can multiply little out of the income they get as you are aware that responsibilities that needs to be met as a man is quite much and you need to look out for multiple sources of income to be able to stand which I believe gambling is one of them provided you play it well.
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sana54210
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March 05, 2019, 08:08:02 AM |
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gambling doesn’t mean that the person gambling isn’t doing one or two other things out there to make money, after all the money used in gambling was gotten from somewhere, some play gamble to be able to see how they can multiply little out of the income they get as you are aware that responsibilities that needs to be met as a man is quite much and you need to look out for multiple sources of income to be able to stand which I believe gambling is one of them provided you play it well.
I really wonder why many people still think those who are gambling are one sort of a non-serious person who wants to play away with his line but no, I remember I have a friend who has a big showroom selling electronics and at the same time uses his car for UBER driving, sometimes he branches at some of this gambling places to bet his money in order to make more money. Hence, some people gamble in order to have multiple sources of income like you said which I do too several times and I don’t think that makes me a non-serious person, I also trade with my time and still do lot of laboring jobs.
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shoreno
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March 05, 2019, 08:26:27 AM |
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gambling doesn’t mean that the person gambling isn’t doing one or two other things out there to make money, after all the money used in gambling was gotten from somewhere, some play gamble to be able to see how they can multiply little out of the income they get as you are aware that responsibilities that needs to be met as a man is quite much and you need to look out for multiple sources of income to be able to stand which I believe gambling is one of them provided you play it well.
I really wonder why many people still think those who are gambling are one sort of a non-serious person who wants to play away with his line but no, I remember I have a friend who has a big showroom selling electronics and at the same time uses his car for UBER driving, sometimes he branches at some of this gambling places to bet his money in order to make more money. Hence, some people gamble in order to have multiple sources of income like you said which I do too several times and I don’t think that makes me a non-serious person, I also trade with my time and still do lot of laboring jobs. oh thats cool to see that you and your friend are verry active to find income opportunities but whats gooder is that you and your friend do still have a time to play gambling but you should spend the cash wisely so that your efforts of finding a money wont not be wasted . in my case i do only have a limited sources to earn money , thats why i dont really hang out on gambling places becuase i value my money as it is hard to find nowadays .
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Johnyz
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March 05, 2019, 08:44:15 AM |
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It's because if it's not being taxed, it can be already considered as illegal. Also, gambling with cryptocurrency I think is easier since it's easy to transfer, low fee, and very fast at the same time.
At the moment, payments from cryptocurrency casinos are much more difficult to track and therefore it is more profitable to play in them in this regard. I like the idea of the existence of such casinos, it allows you to find a wider use of cryptocurrencies. This is one of the advantage of crypto gambling where you can easily monitor all your transactions and review it, while in casinos you are just playing like you are throwing your money without having any information of the past. I also love to gamble on casinos, but during my busy days it is more convenient for me to play online which is one click away.
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iMark
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March 05, 2019, 09:26:22 AM |
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It's because if it's not being taxed, it can be already considered as illegal. Also, gambling with cryptocurrency I think is easier since it's easy to transfer, low fee, and very fast at the same time.
At the moment, payments from cryptocurrency casinos are much more difficult to track and therefore it is more profitable to play in them in this regard. I like the idea of the existence of such casinos, it allows you to find a wider use of cryptocurrencies. From all comments I can summarize that, gambling in cryptocurrency is much more convenient. the main thing of course is from the legality, in fiat there will be special rules, not infrequently the police can arrest you ? or taxes that exist on fiat itself.
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maydna
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March 05, 2019, 11:58:00 AM |
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It's because if it's not being taxed, it can be already considered as illegal. Also, gambling with cryptocurrency I think is easier since it's easy to transfer, low fee, and very fast at the same time.
At the moment, payments from cryptocurrency casinos are much more difficult to track and therefore it is more profitable to play in them in this regard. I like the idea of the existence of such casinos, it allows you to find a wider use of cryptocurrencies. From all comments I can summarize that, gambling in cryptocurrency is much more convenient. the main thing of course is from the legality, in fiat there will be special rules, not infrequently the police can arrest you ? or taxes that exist on fiat itself. Yup, I think gamblers from cryptocurrencies don't want to use fiat because of many reasons. Gambling using fiat need to send a document which we (people who involved in crypto) wants to avoid, but I don't know if there are people who still want to send the document to fills KYC for playing gambling . Besides that, gambling in some country might be illegal, and maybe online gambling was illegal too, so people prefer to use online crypto gambling to play gambling games.
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goaldigger
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March 05, 2019, 12:21:27 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?
If thats the case i know how people still chooses to gamble online than use fiat physically in casino. Its how online casinos give the gambler convinience that even at home, they can gamble using any computer with internet. With this they can also secure themselves from possible robbery ahead.
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Lexus19
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March 05, 2019, 01:01:59 PM |
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For me, a very important point is that the casino there I play for Cryptocurrency . I'm never going to play on Fiat . I have a clear separation . Cryptocurrency for games, Fiat for life . It's hard for me to control my excitement and I don't want to play fiat . It's just dangerous for me . Therefore, cryptocurrency is the best thing that can be used for gambling .
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tabas
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March 05, 2019, 03:16:06 PM |
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OP you mentioned those things that fiat casino offers and in opposite that's one of the advantage when you gamble in a crypto casino. I'm never going to play on Fiat
No one stops you to gamble with fiat, it's also enjoyable but you need to choose the games that's in favor to you.
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Fredomago
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Leading Crypto Sports Betting & Casino Platform
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March 05, 2019, 04:31:46 PM |
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For me, a very important point is that the casino there I play for Cryptocurrency . I'm never going to play on Fiat . I have a clear separation . Cryptocurrency for games, Fiat for life . It's hard for me to control my excitement and I don't want to play fiat . It's just dangerous for me . Therefore, cryptocurrency is the best thing that can be used for gambling .
That's confusing, cryptocurrency have its fiat value if convert it from your local money, both have its worth and I guess the only matters here is how you play along casinos as both offers online, there's casino who caters fiat and casino who caters cryptos.
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justdimin
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March 06, 2019, 02:42:52 PM |
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I don’t think gambling with fiat can in any way be compared to gambling with cryptocurrency.
Fiat gambling is cool actually but it is not for everyone, some rejoins or countries do not allow gambling and that definitely means fiat cannot happen in such countries and unlike cryptocurrency gambling, even residents of countries that do not allow gambling can do this at the comfort of their homes, and there are also people are shy to disclose to people they gamble, they just want to make their money secretly without anyone having traces to their sources of income, people like this would rather choose cryptocurrency gambling because it gives more privacy and lastly. Concurrency gambling is much more secured.
Returns and money saved in the wallet and can be withdrawn at will and unlike fiat, someone else is aware of your win and God forbid one becoming a target
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shield132
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March 06, 2019, 02:56:43 PM |
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Crypto gambling is unique at it's own too. I bet non fiat casino will offer you to bet 0.001 usd and so on, at least I have never seen such thing, bitcoin suits dice the most. On another hand anonymity is the most serious factor too, some people may have problem in jobs if they have any gambling history so with bitcoin casinos you protect your privacy and sometimes your win may rise or fall because of so changeable price.
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fasdorcas
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March 06, 2019, 05:43:23 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?
Well, one of the benefit of gambling using crypto currency for me is even the anonymity which not all crypto gambling sites require KYC registration, what is anonymous using FIAT if you still have to input your credit card details which your detail can still be gotten out no matter how secured you think the website is. Crypto gambling is much more transparent and hard to manipulate people with it and finally, we cannot dispute the fact that it has lower transaction fee compared to the FIAT transaction fee.
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carlfebz2
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March 06, 2019, 06:00:18 PM |
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I don’t think gambling with fiat can in any way be compared to gambling with cryptocurrency.
Fiat gambling is cool actually but it is not for everyone, some rejoins or countries do not allow gambling and that definitely means fiat cannot happen in such countries and unlike cryptocurrency gambling, even residents of countries that do not allow gambling can do this at the comfort of their homes, and there are also people are shy to disclose to people they gamble, they just want to make their money secretly without anyone having traces to their sources of income, people like this would rather choose cryptocurrency gambling because it gives more privacy and lastly. Concurrency gambling is much more secured.
Returns and money saved in the wallet and can be withdrawn at will and unlike fiat, someone else is aware of your win and God forbid one becoming a target
Well said which is "Accessibility" is one of the things why crypto gambling is much more preferred than with fiat where not all places can really able to play gambling because of their government jurisdiction towards it and with crypto it do open up the door for them to play without even being traced due to anonymity features of crypto and when it comes to big wins, no one would really know you and the fact that there are crypto gambling sites doesnt matter if you do won hundreds of btc and pays you out directly without any headaches.
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angel55
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March 06, 2019, 06:08:55 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?
Well, one of the benefit of gambling using crypto currency for me is even the anonymity which not all crypto gambling sites require KYC registration, what is anonymous using FIAT if you still have to input your credit card details which your detail can still be gotten out no matter how secured you think the website is. Crypto gambling is much more transparent and hard to manipulate people with it and finally, we cannot dispute the fact that it has lower transaction fee compared to the FIAT transaction fee. The days of anonymity are over. All the casinos make you do KYC for large withdraws now. There may be a few left that don't but they are sketchy and are likely to just keep your coins in the end.
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playboy654
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March 06, 2019, 06:32:16 PM |
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Digitally people are very comfortable with the online so there are lots of way available for them to choose which is best for them but my opinion is people need to choose which will be comfortable for them that's why they can make money and get interest for a long time.
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StarofBTC
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March 06, 2019, 07:15:48 PM |
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Fiat casinos are regulated which doesn’t make them safer for gambling with higher amounts. Fiat currencies are a good option in case you are going to gamble in a known casino rather than just trying your luck online. There are a lot of benefits which the decentralized casinos gives us which includes anonymity.
If you compare decentralized gambling with centralized, you will know that decentralized ones are a best option in case of anonymity. There are a lot of trusted gambling websites which are been regulating since years and which off course are trustworthy.
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