Why not just gamble with fiat?

[squatz1]

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.

This is going to be the main answer that you see on here.

Plus the fact that:
1. Online gambling could be banned in a certain countries, crypto is a way to circumvent this.
2. You can gamble anonymously, and your CC company / family won't know (not saying if this is a good or bad thing)
3. Fees are going to be much lower.

[1714673524]

1714673524

[joganuts]

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?

Yes, you can't play real gambling anytime since they most likely open at night. Unlike in online gambling, even though you're lying on the bed or about to sleep, you can play any gambling games you want any time.

[Shinpako09]

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.

[xvids]

Well it is really up to the gamblers whether they like to play on crypto or not,
I mean there are also some gambling sites that accept Fiat ,
But I think crypto gambling sites are in trend since it is very easy to use.

[proTECH77]

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.

Fiat gambling casino is the most awkward and dangerous types since the advent of online gambling casinos. It has been my desires to gamble anonymously due to sanctions placed on gamblers in my country, with the help of cryptocurrency am able to gamble my ways out with any form of trace, compared to fiat.  

[NavI_027]

Whats even the benefit of using crypto to gamblefor you guys?

If you are a crypto holder then it is already beneficial, very obvious . Aside from offering fast pace of gambling transactions and let's you gamble even you're at home only, for me the biggest benefit of crypto gambling is the fact that it let's you to have a glimpse and experience at the same time the probable way of gambling in the future. And besides, it is just amazing to know that mankind continue to improve even in this small aspect of life .

[arco-yabamba]

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.

This is going to be the main answer that you see on here.

Plus the fact that:
1. Online gambling could be banned in a certain countries, crypto is a way to circumvent this.
2. You can gamble anonymously, and your CC company / family won't know (not saying if this is a good or bad thing)
3. Fees are going to be much lower.

Sorry, I don't understand. Why is fiat gambling more expensive?

Hope you can help me understand! Thanks

[Indrawan77]

Anonymity is very important feature in countries where gambling is prohibited, I don't want my transaction can be traced to the gambling site, and I don't want anyone in my family know I am gambling, and it's very easy to deposit and withdrawal using crypto there is no data verification that needed and no question asked

[coinplus]

Honestly fiat gambling could be safer than crypto if it is just scamming people, that is the difference between fiat and crypto as well. If you are good person and you do not aim to scam anyone and build a casino than crypto is the way to go, it is much safer and much more provably fair and decent.

A casino with crypto option and no fiat and actually aim to be good at what they do can be the best out there. On the other hand if a casino is scammy and shady than crypto could be their friend and enemy of the gambler because it is easier to scam people that way. So, if it is a good place to bet crypto is by far better but if its a shady place that I am not so sure about gambling fiat is much better. In any case fiat gambling is illegal in my country so I can't send money to any fiat casinos in any legal way whatsoever.

[panjul07]

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.

Not anymore, nowadays there many crypto gambling sites are restricted for some region. Or maybe banned by countries where the gambler lives.

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!

I believe this is the most important thing for using crypto casino where we should not reveal our real identity.

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.

As per my experience in fiat gambling sites, deposit and withdrawal is faster than crypto casino but indeed there are some crypto casinos offers instant deposit and withdrawal. Not really an advantage over fiat casinos IMO, but it is obviously about preferences.

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!

I'm belonging to such region, even if I use crypto casino but if I win big then I need to convert it to fiat money to be transferred in my bank account. It is disclosing my income, but indeed it is not a direct transaction from gambling sites to my bank account so it is safer.

[maydna]

Well it is really up to the gamblers whether they like to play on crypto or not,
I mean there are also some gambling sites that accept Fiat ,
But I think crypto gambling sites are in trend since it is very easy to use.

When we gamble on the gambling site that accepts fiat, we need to use a credit card or transfer the money which requires more than an hour, or it could take days before it can arrive into our account.

When we use crypto, we don't need to wait too long because by using bitcoin, ethereum, dogecoin or even reddcoin, it will arrive in less than 30 minutes so we can start playing.

The benefit of using crypto for me is because it is easy and simple for me. I only need to send the crypto which I already have or buy in the exchange and then send it into the gambling sites, and I don't have wait for a long time to arrives in my account. The other reason is that most crypto gambling site doesn't need KYC to join and I don't think it's a good idea to fill our personal information to play gambling.

[guoyu78]

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.

[sunsilk]

Sorry, I don't understand. Why is fiat gambling more expensive?

Hope you can help me understand! Thanks

I'm not a typical fiat gambler now because I've turned myself into crypto gambling. I can't think of a reason why fiat gambling is more expensive than the usual crypto gambling. Maybe he's just reasoning it out and found that it's more expensive on his end.

Well it is really up to the gamblers whether they like to play on crypto or not,
I mean there are also some gambling sites that accept Fiat ,
But I think crypto gambling sites are in trend since it is very easy to use.

Yes, you can gamble with fiat online depending on the casino that you are using. I'm much confident gambling with crypto casino's and there's no need for more validation or confirmation of your identity which we don't like.

[kurian]

The online gambling is neither legal nor illegal in my country. So, I prefer playing in crypto casinos rather than fiat casinos where i can be anonymous. Not every casinos asks for KYC. Moreover VPN is allowed in majority of the casinos. For me, my preference is not about faster transaction. It's always about being anonymous.

[romero121]

More countries don't have access to gambling websites. On countries having legal support people make use of the fiat based gambling websites. Another important thing with gambling is that, if an user tries cryptocurrency used gambling once then surely he'll not further go on the fiat based gambling. When crypto gives the convenience what's the need of just gambling with fiat.

[carlfebz2]

The online gambling is neither legal nor illegal in my country. So, I prefer playing in crypto casinos rather than fiat casinos where i can be anonymous. Not every casinos asks for KYC. Moreover VPN is allowed in majority of the casinos. For me, my preference is not about faster transaction. It's always about being anonymous.

Not only by being anonymous but also the convenience that it gives when we do gambling online with crypto. No hassle, no kyc thing unlike on fiat based online casinos.
For physical ones, not all joes do have the access to it since not all places do have that kind of place. When it comes to transactions when you are on a physical then no doubt that
this is the fastest one but when it goes to online, crypto would still always have the edge.

[FontSeli]

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?

I like crypto games for my opportunity to have a good time and earn money. I can do it in the casino, but the variety does not get bored with gambling.

[leowonderful]

I don't have to go through pesky verification and such with most crypto exchanges, and I also use VPNs and mixers on certain sites to ensure that my bets are as anonymous as possible. It's entirely possible a crypto casino's banned in your country, but to get around this you can open an account through a VPN and only access the account through the VPN, though it's still possible you get found out and your account gets closed.

[Polar91]

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.

[Dreamchaser21]

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?

Yes, you can't play real gambling anytime since they most likely open at night. Unlike in online gambling, even though you're lying on the bed or about to sleep, you can play any gambling games you want any time.

There are some big casinos that are open 24/7 so I think you can look for that one.
You can use any currency as long as its acceptable and if you think cryptocurrency is more convenient to use, then play with it. IMO, there's a big difference if you will gamble with your fiat money and cryptocurrency.