Gambling with Fiat or Crypto?

[stadus]

But I still prefer to play gambling with fiat than crypto because I don't have to risk my real money.

I don't understand this, fiat and crypto are both money, and therefore you are risking money regardless of what you use to gamble.

Sorry, but I have to ask this, are you have you tried gambling both in crypto and fiat?

[michellee]

But I still prefer to play gambling with fiat than crypto because I don't have to risk my real money.

I don't understand this, fiat and crypto are both money, and therefore you are risking money regardless of what you use to gamble.

Sorry, but I have to ask this, are you have you tried gambling both in crypto and fiat?

Ah, I make a mistake by writing that. Thank you for reminding me. I edit my post

Yes, fiat and crypto is money, but when I play gambling with crypto, I don't risk my real money, but I send some coin to the gambling website so I can directly play gambling. I mean I prefer to play gambling with crypto than fiat because if I use fiat to gamble, I need to use my money from my pockets.

[Ucy]

But I still prefer to play gambling with fiat than crypto because I don't have to risk my real money.

I don't understand this, fiat and crypto are both money, and therefore you are risking money regardless of what you use to gamble.

Sorry, but I have to ask this, are you have you tried gambling both in crypto and fiat?

Ah, I make a mistake by writing that. Thank you for reminding me. I edit my post

Yes, fiat and crypto is money, but when I play gambling with crypto, I don't risk my real money, but I send some coin to the gambling website so I can directly play gambling. I mean I prefer to play gambling with crypto than fiat because if I use fiat to gamble, I need to use my money from my pockets.

Lol, you repeat again that fiat is real money. Or you probably mean physical fiat... physical =real?
 Guess you don't gamble online with your local virtual fiat currency or you don't really gamble on local gambling sites.  I kind of understand your point though.

[Finestream]

But I still prefer to play gambling with fiat than crypto because I don't have to risk my real money.

I don't understand this, fiat and crypto are both money, and therefore you are risking money regardless of what you use to gamble.

Sorry, but I have to ask this, are you have you tried gambling both in crypto and fiat?

Ah, I make a mistake by writing that. Thank you for reminding me. I edit my post

Yes, fiat and crypto is money, but when I play gambling with crypto, I don't risk my real money, but I send some coin to the gambling website so I can directly play gambling. I mean I prefer to play gambling with crypto than fiat because if I use fiat to gamble, I need to use my money from my pockets.

Lol, you repeat again that fiat is real money. Or you probably mean physical fiat... physical =real?
 Guess you don't gamble online with your local virtual fiat currency or you don't really gamble on local gambling sites.  I kind of understand your point though.

For us who earn crypto in online or in this forum to be specific, we might not value our crypto that much compared to the fiat that we earned through our day job as what we are earning here can be considered as extra income or maybe appropriate to call it as reward and with that reward its just right to enjoy it and gambling is one of them.

Personally I feel what michellee has stated, I am less worried to loss my crypto compared to the depositing fiat to a gambling site.

[Debonaire217]

I depend on the situation, if I do online gambling I use crypto which in my opinion is simpler and easier when betting online gambling.
and if I do traditional or real gambling I use fiat to bet, and I usually play card gambling with fiat bets on the table.

Maybe the reason for that is because, if you are in a casino, you wouldn't really took off your phone to scan and bet your funds right? To play in a legit casino, you need chips, you need tangible object to bet because that is one part of what casino is providing their gamblers, which is the excitement in winning and exchanging the chips they have to money.

[bassbity]

I depend on the situation, if I do online gambling I use crypto which in my opinion is simpler and easier when betting online gambling.
and if I do traditional or real gambling I use fiat to bet, and I usually play card gambling with fiat bets on the table.

I think that it will be a good idea if we can gamble depend on the situation because we live in real life and we often socialize with other people. Some of them will ask us to play a card, and of course, with some money inside the games. And that will be better if we can use the limits in traditional gambling as we don't want to get the lose of the money. But I still prefer to play gambling with fiat than crypto because I don't have to risk my real money.

We gambling there are 2 online and real tradional. I often play gambling online and that's what I often do, but in gambling, I prefer to use crypto than fiat because crypto is easier to withdrawal and deposit, but fiat in my area is difficult when depositing. so there I prefer crypto even though the price is often fluctuating for me it doesn't matter that gambling is my pleasure.
Playing gambling at the table is not my pleasure because I always lose whether what happens to myself when playing real gambling always loses only a few wins. hmm

[michellee]

---

---

---

Lol, you repeat again that fiat is real money. Or you probably mean physical fiat... physical =real?
 Guess you don't gamble online with your local virtual fiat currency or you don't really gamble on local gambling sites.  I kind of understand your point though.

Hahaha, I hope now I make it right

---

---

---

---

For us who earn crypto in online or in this forum to be specific, we might not value our crypto that much compared to the fiat that we earned through our day job as what we are earning here can be considered as extra income or maybe appropriate to call it as reward and with that reward its just right to enjoy it and gambling is one of them.

Personally I feel what michellee has stated, I am less worried to loss my crypto compared to the depositing fiat to a gambling site.

Thank you for explaining what I mean.

---

---

We gambling there are 2 online and real tradional. I often play gambling online and that's what I often do, but in gambling, I prefer to use crypto than fiat because crypto is easier to withdrawal and deposit, but fiat in my area is difficult when depositing. so there I prefer crypto even though the price is often fluctuating for me it doesn't matter that gambling is my pleasure.
Playing gambling at the table is not my pleasure because I always lose whether what happens to myself when playing real gambling always loses only a few wins. hmm

In my area, we can send/deposit some money through their bank account, and they give credit to our account so we can start to gamble. I don't want to use that way since I need to spend that money. Besides that, I think my banks will be suspicious if I do that because they prohibit their members from sending any money for unknown transactions, and they will investigate both accounts.

[onrise]

Haha...I wouldn't single out any of them because the end of the day it is money we're talking about. And don't forget Cryptos can be bought to in s much as Fiat has a quality of being difficult to get. If it's your money then it's your money  That's how i see it. Coz using $100 worth of BTC for betting wouldn't be any different from using same $100 in Fiat.

It is going to be different beacuse fair would not appreciate and bitcoin we know what a Big potential game changer it is and today 100$btc next few months might turn out or be 200$ or so but Fiat remains same at 100$ only .

[wwzsocki]

With that logic you're better off buying crypto with fiat during the bottom and using crypto to gamble. Vice versa sell the top and use fiat to gamble...

Just read one more time what you have written and think for a second if there is a common-sense in it?

So why to bother at all and not to play with FIAT instead of crypto in such circumstances?

Why convert Fiat to crypto and vice versa? To pay additional fees? There is no sense at all. Don't mention volatility.

What I mean was, it is bad to gamble with crypto when the price is slaughtered because this is the best time to hold and not spend.

At the begin of 2016, I won on Peerbet.org 3,5 BTC from somebody. It was worth 1000$ back then and on ATH it was 70.000$.

Now you understand me?

[Finestream]

What I mean was, it is bad to gamble with crypto when the price is slaughtered because this is the best time to hold and not spend.

At the begin of 2016, I won on Peerbet.org 3,5 BTC from somebody. It was worth 1000$ back then and on ATH it was whooping 70.000$.

Now you understand me?

I understand your statement but back then when I started with crypto gambling, I never think of investing, I just deposit fiat in our local exchange, convert it with BTC and then send it to a gambling site, and vise versa and that was a simple process.

I also know that there was a fee, and even the conversion from fiat to btc, I am not getting a standard market price, it was a bit higher and therefore I will get less BTC, but the convenient it offers to me is what I am really looking for why I choose to gamble using BTC or crypto.

[Reatim]

Ah, I make a mistake by writing that. Thank you for reminding me. I edit my post

Yes, fiat and crypto is money, but when I play gambling with crypto, I don't risk my real money, but I send some coin to the gambling website so I can directly play gambling. I mean I prefer to play gambling with crypto than fiat because if I use fiat to gamble, I need to use my money from my pockets.

i think what you mean here by "not using you money from pocket" is that you only Gamble the payments you are getting from participating in Signature campaign(or other bounty that you are joining for)?so you dont have to get any amount from your pocket instead just sending the Bitcoin that Bitvest is paying you?thats one good control of desire to gamble when you just spending the crypto payment than the FIAT  in which will be from your real job payments.

[KawBet]

Time will come that crypto will cover 50% of online gaming transaction.

[michellee]

Ah, I make a mistake by writing that. Thank you for reminding me. I edit my post

Yes, fiat and crypto is money, but when I play gambling with crypto, I don't risk my real money, but I send some coin to the gambling website so I can directly play gambling. I mean I prefer to play gambling with crypto than fiat because if I use fiat to gamble, I need to use my money from my pockets.

i think what you mean here by "not using you money from pocket" is that you only Gamble the payments you are getting from participating in Signature campaign(or other bounty that you are joining for)?so you dont have to get any amount from your pocket instead just sending the Bitcoin that Bitvest is paying you?thats one good control of desire to gamble when you just spending the crypto payment than the FIAT  in which will be from your real job payments.

Yes, you are right. Sometimes I used that way, but sometimes, I used some money from my trading profit to buy a coin and send it in to a gambling site. For me, that will be a solution for not using money from my pocket or money from my bank account so that I can save that money for another thing. But I don't always use the money from Bitvest or trading or another source because if the market is getting worst, I will stop gamble because I need to search for more profit.

[panjul07]

Time will come that crypto will cover 50% of online gaming transaction.

The question is, how long we need to wait to see crypto cover 50% of gambling transactions?
It would be nice if there are some researches about the comparison between fiat gamblers vs crypto gamblers especially about its number and progress annually.
If there are some researches about it then we can get an easier prediction on when crypto will cover 50% in this gambling industry.
I myself still doubt that old fiat gamblers will move to crypto as they have been using fiat for long time already.

[vintages]

Haha...I wouldn't single out any of them because the end of the day it is money we're talking about. And don't forget Cryptos can be bought to in s much as Fiat has a quality of being difficult to get. If it's your money then it's your money  That's how i see it. Coz using $100 worth of BTC for betting wouldn't be any different from using same $100 in Fiat.

Whether fiat or cryptocurrency, both are money and none is bigger than the other when trying to earn it or get.
Moreover, you don't have to gamble with $100 before you gamble. One can gamble with as little as 10 dollars and still earn some money. It's all about the strategies you use.

[Hypnosis00]

Haha...I wouldn't single out any of them because the end of the day it is money we're talking about. And don't forget Cryptos can be bought to in s much as Fiat has a quality of being difficult to get. If it's your money then it's your money  That's how i see it. Coz using $100 worth of BTC for betting wouldn't be any different from using same $100 in Fiat.

Whether fiat or cryptocurrency, both are money and none is bigger than the other when trying to earn it or get.
Moreover, you don't have to gamble with $100 before you gamble. One can gamble with as little as 10 dollars and still earn some money. It's all about the strategies you use.

The bigger the amount you've spends in gambling, the more you'd think to win also but it wasn't just easy, and the risk of loss will also be bad.
If we would like to be in gambling and spend money, please see to it it won't comprise any, not from lending institutions nor a borrowed money from your friends cause we know already the possible result and I don't want to see people been in regrets just because of this.

[Finestream]

The bigger the amount you've spends in gambling, the more you'd think to win also but it wasn't just easy, and the risk of loss will also be bad.

More excitement when you are betting a bigger amount, as a gambler I felt that many times but when you expectation does not happen, the problem it will create a bigger problem as you will think of chasing your loses. It's not really wise to just be one sided when gambling, we should think of the risk and reward, just like investing.

If we would like to be in gambling and spend money, please see to it it won't comprise any, not from lending institutions nor a borrowed money from your friends cause we know already the possible result and I don't want to see people been in regrets just because of this.

To borrow is normal but for gambling purposes I don't agree with that also.
if you follow the simple principle of gambling which is " do not risk what you can afford to lose" borrowing money should not happen.

[btc78]

Haha...I wouldn't single out any of them because the end of the day it is money we're talking about. And don't forget Cryptos can be bought to in s much as Fiat has a quality of being difficult to get. If it's your money then it's your money  That's how i see it. Coz using $100 worth of BTC for betting wouldn't be any different from using same $100 in Fiat.

Whether fiat or cryptocurrency, both are money and none is bigger than the other when trying to earn it or get.
Moreover, you don't have to gamble with $100 before you gamble. One can gamble with as little as 10 dollars and still earn some money. It's all about the strategies you use.

The bigger the amount you've spends in gambling, the more you'd think to win also but it wasn't just easy, and the risk of loss will also be bad.
If we would like to be in gambling and spend money, please see to it it won't comprise any, not from lending institutions nor a borrowed money from your friends cause we know already the possible result and I don't want to see people been in regrets just because of this.

that is one of the most stupid way to gamble ,borrowing money from others because gambling is more losing than winning so using others money will only lead to too much losses.gamble with your spare money to keep safer and prevent addiction.

[livingfree]

Time will come that crypto will cover 50% of online gaming transaction.

It will. Even the smallest gambler in different parts of the world will prefer to gamble with crypto because it only requires a very minimal amount of money for you to start.

that is one of the most stupid way to gamble ,borrowing money from others because gambling is more losing than winning so using others money will only lead to too much losses.gamble with your spare money to keep safer and prevent addiction.

This happens in reality and those gamblers that are actually doing it needs to be examined by an expert, a psychologist or of the same.

Haha...I wouldn't single out any of them because the end of the day it is money we're talking about. And don't forget Cryptos can be bought to in s much as Fiat has a quality of being difficult to get. If it's your money then it's your money  That's how i see it. Coz using $100 worth of BTC for betting wouldn't be any different from using same $100 in Fiat.

I think you need to look again on what's the difference between gambling with $100 worth of bitcoin to gambling with $100 plain fiat. The facility and convenience is what will dictate you the difference.

[huige007]

I depend on the situation, if I do online gambling I use crypto which in my opinion is simpler and easier when betting online gambling.
and if I do traditional or real gambling I use fiat to bet, and I usually play card gambling with fiat bets on the table.

Maybe the reason for that is because, if you are in a casino, you wouldn't really took off your phone to scan and bet your funds right? To play in a legit casino, you need chips, you need tangible object to bet because that is one part of what casino is providing their gamblers, which is the excitement in winning and exchanging the chips they have to money.

Everyone has his own taste and definitely, the traditional casinos are preferred by gamblers due to the environments it has to present. With an amazing audience, gamblers enjoy outcomes more. Then there are some people who like to stay at their homes and experience the world. Online gambling is best for people who prefer silence and a bit of privacy. Besides, online gambling offers crypto coins too.