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Author Topic: Gambling with Fiat or Crypto?  (Read 3046 times)
ufaiz50
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January 04, 2020, 01:57:21 PM
 #321

I prefer betting crypto, I choose not in terms of which are safer or practical. I like crypto betting to increase crypto interest and contribute to crypto market movements. Basically to increase the growth of crypto, but unfortunately not much that I set aside to gamble and more interested in trading cryptocurrency.

If you look from a security perspective, cryptocurrency guarantees your identity, where transactions without identity can be done, whereas as you said that fiat menag on the practical side and a stable value.

.
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stadus
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January 05, 2020, 05:12:06 AM
 #322

I prefer betting crypto, I choose not in terms of which are safer or practical. I like crypto betting to increase crypto interest and contribute to crypto market movements. Basically to increase the growth of crypto, but unfortunately not much that I set aside to gamble and more interested in trading cryptocurrency.

If you look from a security perspective, cryptocurrency guarantees your identity, where transactions without identity can be done, whereas as you said that fiat menag on the practical side and a stable value.

That's my main purpose which is to contribute to the crypto space as more gamblers patronizing the gambling sites, the greater the adoption will grow.
For many years, I did not lose my interest in gambling using crypto because like you said, it's more practical and safer in here.

It's not that you only contribute to the adoption but you also enjoy at the same time.

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Debonaire217
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January 05, 2020, 09:12:02 AM
 #323

I prefer betting crypto, I choose not in terms of which are safer or practical. I like crypto betting to increase crypto interest and contribute to crypto market movements. Basically to increase the growth of crypto, but unfortunately not much that I set aside to gamble and more interested in trading cryptocurrency.

If you look from a security perspective, cryptocurrency guarantees your identity, where transactions without identity can be done, whereas as you said that fiat menag on the practical side and a stable value.

For me, gambling in cryptocurrency is the best possible way to gamble funds, because you can actually regain your funds by other means such as trading. Or else, do the other thing such as gain some funds first from trading and some online jobs to have some funds in gambling. In addition, it is easier to load money in cryptocurrency because it is near instant.
bobyhodob
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January 05, 2020, 09:48:37 AM
 #324

Gambling with crypto of course ia the best a way to hide from the law
in my country gambling is strictly prohibited but with crypto i can still play all day
even if I play in front of the police station maybe they won't notice XD
I hope here gambling with crypto will not be quickly known by the public, maybe one day they will make a law for it

STUDENTCOIN


















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January 05, 2020, 10:02:18 AM
 #325

Gambling with crypto of course ia the best a way to hide from the law
in my country gambling is strictly prohibited but with crypto i can still play all day
even if I play in front of the police station maybe they won't notice XD
I hope here gambling with crypto will not be quickly known by the public, maybe one day they will make a law for it

If you think that police wont notice your gambling activity because you are using crypto, give it a try then. LoL
Police is not that stupid IMO, no matter you are using fiat or crypto, the gambling games are mostly similar and police will notice it if you do it in front of them.
Gambling is still gambling, no matter you are using crypto or fiat. Here in my country, I'll be prisoned if they caught me while I'm gambling.

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bobyhodob
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January 05, 2020, 11:28:25 AM
 #326

Gambling with crypto of course ia the best a way to hide from the law
in my country gambling is strictly prohibited but with crypto i can still play all day
even if I play in front of the police station maybe they won't notice XD
I hope here gambling with crypto will not be quickly known by the public, maybe one day they will make a law for it

If you think that police wont notice your gambling activity because you are using crypto, give it a try then. LoL
Police is not that stupid IMO, no matter you are using fiat or crypto, the gambling games are mostly similar and police will notice it if you do it in front of them.
Gambling is still gambling, no matter you are using crypto or fiat. Here in my country, I'll be prisoned if they caught me while I'm gambling.

Man the police still human like us
Sometime in fact I gamble with the police lol I know any gambling prohibited but i'm still not finding law discussing about gambling using crypto here.
For me gambling is not a crime I don't think I'm too afraid of what punishment if it really exists

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January 05, 2020, 11:39:52 AM
 #327

Gambling with crypto of course ia the best a way to hide from the law
in my country gambling is strictly prohibited but with crypto i can still play all day
even if I play in front of the police station maybe they won't notice XD
I hope here gambling with crypto will not be quickly known by the public, maybe one day they will make a law for it

If you think that police wont notice your gambling activity because you are using crypto, give it a try then. LoL
Police is not that stupid IMO, no matter you are using fiat or crypto, the gambling games are mostly similar and police will notice it if you do it in front of them.
Gambling is still gambling, no matter you are using crypto or fiat. Here in my country, I'll be prisoned if they caught me while I'm gambling.
i think what he meant is "gambling in front of them" is he uses his Mobile
 or even Laptops using Crypto gambling
in which literal police standing in front you
wont notice that  you are truly gambling since you can pretend that it is
 only Facebook game or any form that can be played online,not unless
that Police have a knowledge about crypto playing then he might be on
 the act of bringing him to jail.



or if you are referring in the agencies that is assigned in this crypto
gaming then this is another story but this is not what he mean.









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bobyhodob
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January 05, 2020, 12:25:26 PM
 #328

Gambling with crypto of course ia the best a way to hide from the law
in my country gambling is strictly prohibited but with crypto i can still play all day
even if I play in front of the police station maybe they won't notice XD
I hope here gambling with crypto will not be quickly known by the public, maybe one day they will make a law for it

If you think that police wont notice your gambling activity because you are using crypto, give it a try then. LoL
Police is not that stupid IMO, no matter you are using fiat or crypto, the gambling games are mostly similar and police will notice it if you do it in front of them.
Gambling is still gambling, no matter you are using crypto or fiat. Here in my country, I'll be prisoned if they caught me while I'm gambling.
i think what he meant is "gambling in front of them" is he uses his Mobile
 or even Laptops using Crypto gambling
in which literal police standing in front you
wont notice that  you are truly gambling since you can pretend that it is
 only Facebook game or any form that can be played online,not unless
that Police have a knowledge about crypto playing then he might be on
 the act of bringing him to jail.



or if you are referring in the agencies that is assigned in this crypto
gaming then this is another story but this is not what he mean.

Just make it clear i say i im play gambling on police station not standing on the front of police lol I played in front police station and they (the police) were eating donuts in there lol

Yes im using mobile device  I even play in public services like in the park at coffee shops and even at work. people around me even my friends they only know if I'm playing an offline game because in my balance crypto dont have fiat symbols like USD $ euro IDR etc,, they might be easy to know if I was gamble with my money

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January 05, 2020, 03:16:04 PM
 #329

In real life, I have never visited a casino, and I don't worry about it. I never visit betting offices to bet on results in sports, but I usually prefer to do so online. In fact, using crypto currency for ease of use is more appealing to me, and I don't like using cash for gambling. While it is easier to control yourself when using cash, using cash in gambling is not a very good thing for me, nor is it very logical and easy to do because of country regulations. That's why I prefer to use gambling with crypto money.

   I was once, but to call a friend, I didn't make any bets. I bet online, mostly sports betting, but in the past years I use crypto-currencies
for gambling. It's more convenient, crypto-currencies are made for using them on the internet and gambling with crypto-currencies proves
that. You need to make deposits and withdraws and once you try that with crypto-currencies and find out how easy it is you will never
use fiat for online gambling again.



BIG WINNER!
[15.00000000 BTC]


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January 05, 2020, 05:30:05 PM
 #330

In real life, I have never visited a casino, and I don't worry about it. I never visit betting offices to bet on results in sports, but I usually prefer to do so online. In fact, using crypto currency for ease of use is more appealing to me, and I don't like using cash for gambling. While it is easier to control yourself when using cash, using cash in gambling is not a very good thing for me, nor is it very logical and easy to do because of country regulations. That's why I prefer to use gambling with crypto money.

   I was once, but to call a friend, I didn't make any bets. I bet online, mostly sports betting, but in the past years I use crypto-currencies
for gambling. It's more convenient, crypto-currencies are made for using them on the internet and gambling with crypto-currencies proves
that. You need to make deposits and withdraws and once you try that with crypto-currencies and find out how easy it is you will never
use fiat for online gambling again.
No one can deny that gambling with cryptocurrencies is the most convenient gambling for all of the world gamblers. The deposit and withdrawal is just like we do at physical casinos in which not any third party is involved. None of the government can trace your transactions and if it is banned in your country then you can gamble without any issue.
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January 05, 2020, 05:59:41 PM
 #331

That is different from spending fiat on a grocery store.
Just think of it, when you buy something from the grocery, does that fiat value goes down? Becausw that is whats happening on cryptocurrency when you sell them. For now, I'd rather hold my cryptos than gamble them. I will just use my fiats to gamble.
You can have your own opinion when you gamble, i use bitcoin and alts to gamble most of the time because i find it easier for me rather than using my credit card to load the money and send to gambling sites with all the transaction charges and the conversion charges and why these struggle when you have bitcoin and alt coins and good crypto based gambling sites. If you analyze there is not much difference as crypto is much safer and easier than all the conversion charges when you wage with fiat.
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January 05, 2020, 08:41:55 PM
 #332

In real life, I have never visited a casino, and I don't worry about it. I never visit betting offices to bet on results in sports, but I usually prefer to do so online. In fact, using crypto currency for ease of use is more appealing to me, and I don't like using cash for gambling. While it is easier to control yourself when using cash, using cash in gambling is not a very good thing for me, nor is it very logical and easy to do because of country regulations. That's why I prefer to use gambling with crypto money.
It’s all about county regulation I like to gamble with money only because I think crypto is not used worthy we should gamble but with fiat. Crypto can be used only in online casinos otherwise we should keep crypto safe and use our flat money for gaming purposes. Right now most casinos will offer you online gambling with crypto but choose only what you like to use, but first visit the casino and do some research about it.
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January 05, 2020, 09:19:12 PM
 #333

Gambling with crypto of course ia the best a way to hide from the law
in my country gambling is strictly prohibited but with crypto i can still play all day
even if I play in front of the police station maybe they won't notice XD
I hope here gambling with crypto will not be quickly known by the public, maybe one day they will make a law for it
they will not react if nobody reports, or track the flow of large amounts of bank funds to an online gambling platform. it's still very unlikely that the police can track the flow of crypto assets for regular players, this is my reason for using it. They are also still very difficult to deal with non-crypto gambling sites, due to the alleged strong backing by influential officials in their area.

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January 06, 2020, 05:08:42 AM
 #334

Sometimes I have some trouble not being able to send money or deposit to a gambling account because the bank is always suspicious of what I'm doing and because of unknown transactions I've also been frozen by my bank for a few weeks. I prefer to buy crypto from someone first, and then I can safely and quickly deposit crypto where I can play anything I want. So it's easier for me to play in crypto, I have to say it's a great technology.
That would be bad news for you if the banks froze your bank account. Yes, choosing crypto as the way to gamble will give you a free to deposit any coin available in the gambling site, so you don't have to worry if your bank becomes suspicious about what you do. We can avoid investigating from the banks because they don't know if we use crypto to playing gambling. Even if they know we use crypto, it will hard to check on where we use the coin and what for we use the coin.
Indeed. Some high rollers in gambling also use mixers which makes their transaction be impossible to be tracked. On the other hand, small time gamblers which includeds us doesn't need that since it's not really illegal to gamble with crypto at all which gives us the freedom to play without worrying that the government may sue us for not paying taxes.
Yes, that is why I think many people now like to gamble using crypto because they can avoid taxes if they win some money. Besides that, they can send their win money to the exchanges, and with waiting for a while, they can send the coin at a higher price, so then when they convert to the local fiat, they will get a lot of money. With crypto, we can get the free chance to gamble, but that means we need to have control over ourselves if we don't want to get deeper into the gambling games.

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January 06, 2020, 08:53:34 AM
 #335

I prefer to use cryptocurrency for betting, my favorite site is sportsbet and I almost always use online sites. especially with guaranteed anonymity if we use cryptocurrency. the obvious reason is that I prefer not to use money from my job and choose to use crypto, the cryptocurrency that I earn where is a small part I use for gambling.

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January 06, 2020, 09:02:40 AM
 #336

Well, there are pros and cons in using crypto as well as fiat on gambling. For the most part, I am only thinking of what's convenient and so there are times and games in which I use fiat and there are also games in which I use crypto. I cannot use fiat in online casinos because of certain reasons but I can easily use crypto. On the other hand, I also cannot use crypto when gambling outside the internet. I mostly use fiat.
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January 08, 2020, 02:59:23 AM
 #337

It will always be crypto and even in the near future I didn't intend to use fiat in online gambling. One explanation is the rule. There's no specific law in our country regarding crypto gambling, so I'm pretty safe from regulation, despite how much I've played or earned. I'm still unfamiliar with using fiat gambling site. What if they need KYC that I'm ignoring or they're unlawfully operating that might smear my clean reputation. So when you have online gambling operation, choosing crypto is the best thing to do.

Exactly. Those are crypto's strongest points against Fiat. I'm sure many casino/gambling operators will choose crypto over Fiat in the long run, due to the many benefits it provides. While governments can require operators to comply with KYC, the decentralized nature of crypto makes it impossible to enforce regulation at will. That's not the case with Fiat, as it's largely monitored and tracked by the government. With due time, we'll be able to see more crypto gambling sites being supported by serious gamblers worldwide. I believe this is just the beginning, as crypto and Blockchain are bound to improve over time.

The next big thing in the gambling industry are decentralized gambling apps. With the inception of ETH, EOS, TRON, and other smart contract based blockchains, gambling games have become truly censorship resistant without the need for middleman. This presents a greater level of fairness than traditional-based gambling. Neither gambling sites which accept Fiat will overcome those which accept crypto or vice versa. For some people, gambling with Fiat is the way to go while others would simply choose crypto over anything else. Gamblers are the ones who decide which currency to use on diverse situations in life. Just my opinion Smiley

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January 08, 2020, 05:36:54 AM
 #338

Well, there are pros and cons in using crypto as well as fiat on gambling. For the most part, I am only thinking of what's convenient and so there are times and games in which I use fiat and there are also games in which I use crypto. I cannot use fiat in online casinos because of certain reasons but I can easily use crypto. On the other hand, I also cannot use crypto when gambling outside the internet. I mostly use fiat.
Yes, it all matters on where we are more comfortable, and where is more convinient, I rather choose cryptocurrency, because it is what I have now, and it will be good investment for me, I can hold the bets that I am already get from winning the game, and it can be good for a long term hold since today we can see that some altcoins are getting pump now, together with bitcoin.

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January 08, 2020, 05:47:14 AM
 #339

Well, there are pros and cons in using crypto as well as fiat on gambling. For the most part, I am only thinking of what's convenient and so there are times and games in which I use fiat and there are also games in which I use crypto. I cannot use fiat in online casinos because of certain reasons but I can easily use crypto. On the other hand, I also cannot use crypto when gambling outside the internet. I mostly use fiat.
Yes, it all matters on where we are more comfortable, and where is more convinient, I rather choose cryptocurrency, because it is what I have now, and it will be good investment for me, I can hold the bets that I am already get from winning the game, and it can be good for a long term hold since today we can see that some altcoins are getting pump now, together with bitcoin.
Well, I also prefer using cryptocurrency or playing online casino that fiat currency maybe because I only started to play online than in a real casino place, but I experienced playing one time, but I don't like it because of crowded and hassle commuting. And its more great playing using a phone because we can relax and do other things while playing, right? And we can be entertained anytime and anywhe
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January 08, 2020, 02:52:31 PM
 #340

Well, there are pros and cons in using crypto as well as fiat on gambling. For the most part, I am only thinking of what's convenient and so there are times and games in which I use fiat and there are also games in which I use crypto. I cannot use fiat in online casinos because of certain reasons but I can easily use crypto. On the other hand, I also cannot use crypto when gambling outside the internet. I mostly use fiat.
Yes, it all matters on where we are more comfortable, and where is more convinient, I rather choose cryptocurrency, because it is what I have now, and it will be good investment for me, I can hold the bets that I am already get from winning the game, and it can be good for a long term hold since today we can see that some altcoins are getting pump now, together with bitcoin.
Well, I also prefer using cryptocurrency or playing online casino that fiat currency maybe because I only started to play online than in a real casino place, but I experienced playing one time, but I don't like it because of crowded and hassle commuting. And its more great playing using a phone because we can relax and do other things while playing, right? And we can be entertained anytime and anywhe
It could happen in ill mannered staff casino because most of time casino members take care of this thing that no player get sad or any problem in playing. But if you think you don’t have good regular casino at your place then you can start online casino gambling for this you needs  some coins like bitcoin so play whatever you feel comfortable with
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