Gambling with Fiat or Crypto?

[narcopop]

I, personally, don't know what to prefer. Both ways have their visible and impregnable perks.

Crypto, as a currency, of course has its well known ups and downs which affect betting itself, promos, etc. Fiat, on the other hand, doesn't have this excitement over the money that we can earn.

Some might say that fiat bookies have more comfortable banking options but it's not an incontestable rule. It all depends on the teams responsible for the product, not the market itself. I used to bet on both and both are great in their own manner.

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[passwordnow]

I, personally, don't know what to prefer. Both ways have their visible and impregnable perks.

Crypto, as a currency, of course has its well known ups and downs which affect betting itself, promos, etc. Fiat, on the other hand, doesn't have this excitement over the money that we can earn.

Some might say that fiat bookies have more comfortable banking options but it's not an incontestable rule. It all depends on the teams responsible for the product, not the market itself. I used to bet on both and both are great in their own manner.

Very well said.
They have perks, advantages and disadvantages that we can depend on. So, basically a crypto guy will choose to say that it's crypto gambling is the best while the other will say the same thing. Whilst, we can be at the midst of it and enjoy the perks that we can have for having both.

[MWesterweele]

I, personally, don't know what to prefer. Both ways have their visible and impregnable perks.

Crypto, as a currency, of course has its well known ups and downs which affect betting itself, promos, etc. Fiat, on the other hand, doesn't have this excitement over the money that we can earn.

Some might say that fiat bookies have more comfortable banking options but it's not an incontestable rule. It all depends on the teams responsible for the product, not the market itself. I used to bet on both and both are great in their own manner.

I dont think any con sin crypto when I use that as my betting asset, it is more food for me, since I can make it as directly my source of investment when I won the game, I can use different altcoins if I want, then save it there till the that coin pumps in the market. I dont experienced using fiat, because I only gambled in online now, but as soon as I become expert I will try to gamble in casinos and make fiat as my mode of payment there.

[bitcoin31]

When I knew Bitcoin, I started playing gambling. So I used this currency to play comfortably compared to Fiat money. I don't care what's going on with the Bitcoin price at least it's still worth. It's easier to use Bitcoin because making a deposit doesn't require a personal identity. As we know we have to provide a full name and bank account to deposit on gambling sites using fiat money. The most important thing for me is to remain anonymous.

So that the player of here wants to use crypto coins instead of fiat because  literally crypto is easy to use need only some step and you can play a gambling games anonymous . But mostly in the real world ppeople use fiat because it is tradition when also the gambling games is not using technology or the only play a gambling games traditional but both is useful.

[shoreno]

When I knew Bitcoin, I started playing gambling. So I used this currency to play comfortably compared to Fiat money. I don't care what's going on with the Bitcoin price at least it's still worth. It's easier to use Bitcoin because making a deposit doesn't require a personal identity. As we know we have to provide a full name and bank account to deposit on gambling sites using fiat money. The most important thing for me is to remain anonymous.

So that the player of here wants to use crypto coins instead of fiat because  literally crypto is easy to use need only some step and you can play a gambling games anonymous . But mostly in the real world ppeople use fiat because it is tradition when also the gambling games is not using technology or the only play a gambling games traditional but both is useful.

not all . others prefer fiat and they dont care about thier identity or other hassels because they grown up with fiat and they already got used to it  but for starters on online gambling they just discover another great way to gamble using cryptocurrency  .

  idk if crypto were now available to use for offline casinos as i never heard of any but i hear that cryptos were now be able to use on other offline service like atm and shopping , etc  .

[Questat]

  idk if crypto were now available to use for offline casinos as i never heard of any but i hear that cryptos were now be able to use on other offline service like atm and shopping , etc  .

That ATM is very important for crypto users like us so we can easily convert our crypto to fiat.
I think those offline casinos who supports crypto can do that, they have a lot of options to make their gamblers produce money, then that would help the business.

[kotajikikox]

  idk if crypto were now available to use for offline casinos as i never heard of any but i hear that cryptos were now be able to use on other offline service like atm and shopping , etc  .

That ATM is very important for crypto users like us so we can easily convert our crypto to fiat.
I think those offline casinos who supports crypto can do that, they have a lot of options to make their gamblers produce money, then that would help the business.

the problem is do we really have existing offline casino now that supports Bitcoin?or other cryptocurrency?in my location i believe that still in progress and no one is offering this service though you are correct that if Gambling sites wanted to expand their business then better give this offering to the Bettors as other option whenever they have out of fiat.

[swogerino]

I think that nowadays the only ones who play with Fiat are the ones who has these casinos and that type of money more easily accessible and the opposite with crypto holders.Crypto holders like to play with crypto because they have it readily to spend without having to bring any government Id in order to verify their accounts.We know there are more people gambling with Fiat only because they don’t know crypto or they have difficulty using crypto.

[RealMalatesta]

I actually prefer altcoins these days, for two reasons. Firstly altcoins are easier to gamble and cheaper as well, when you gamble with 2 dogecoins you are not risking too much money and its much more fun, you have to bet with like 100 satoshi if you want to not risk too much bitcoins and that doesn't feel that comfortable, however I can gamble with many 100 litoshi and I could be gambling basically nothing at all and still have fun, so the price plays a big point in picking alts over btc.

Secondly I have too much useless and worthless coins right now, finding out there is a place I can gamble with that money gives them a purpose, I mostly lose all of them which is fine because I saw them as useless anyway but sometimes I win and just exchange it to bitcoin and withdraw.

[StephenJH]

I also prefer to play with the fiat money instead of the altcoins. There are such advantages like anonymous gambling, higher bonuses but the odds are not as good as in the other bookies for the crypto sports betting. For example, William Hill and Bet365 have the best odds after Pinnacle but none of the crypto sports betting sites come close to the odds by a variety of live betting choices.

[Ucy]

When I knew Bitcoin, I started playing gambling. So I used this currency to play comfortably compared to Fiat money. I don't care what's going on with the Bitcoin price at least it's still worth. It's easier to use Bitcoin because making a deposit doesn't require a personal identity. As we know we have to provide a full name and bank account to deposit on gambling sites using fiat money. The most important thing for me is to remain anonymous.

So that the player of here wants to use crypto coins instead of fiat because  literally crypto is easy to use need only some step and you can play a gambling games anonymous . But mostly in the real world ppeople use fiat because it is tradition when also the gambling games is not using technology or the only play a gambling games traditional but both is useful.

not all . others prefer fiat and they dont care about thier identity or other hassels because they grown up with fiat and they already got used to it  but for starters on online gambling they just discover another great way to gamble using cryptocurrency  .

 idk if crypto were now available to use for offline casinos as i never heard of any but i hear that cryptos were now be able to use on other offline service like atm and shopping , etc .

Probably in Crypto-friendly countries. And their usage will most likely be regulated there.

I guess people don't care about the identity thing because they have no choice. I found handing my ID to strangers (before discovering crypto) a bit creepy. I believe many feel thesame way.

[Janation]

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.

That is true though.

Though I want to use my fiat for gambling, there are a lot of times that online wallets does not want to transact money to some gambling sites. That is the reason I am using cryptocurrencies since I have no choice.

[Webetcoins]

When I knew Bitcoin, I started playing gambling. So I used this currency to play comfortably compared to Fiat money. I don't care what's going on with the Bitcoin price at least it's still worth. It's easier to use Bitcoin because making a deposit doesn't require a personal identity. As we know we have to provide a full name and bank account to deposit on gambling sites using fiat money. The most important thing for me is to remain anonymous.

So that the player of here wants to use crypto coins instead of fiat because  literally crypto is easy to use need only some step and you can play a gambling games anonymous . But mostly in the real world ppeople use fiat because it is tradition when also the gambling games is not using technology or the only play a gambling games traditional but both is useful.

Majority of the gamblers are using both types of currencies i.e. fiat and digital currencies depending upon the nature of the game and most probably upon the nature of the house. If the house is land casino, there are maximum chances they would demand from you paper money not even the plastic money would be acceptable. Online gambling aligns well with cryptocurrencies as they are easy to handle.

[ethereumhunter]

Most people who know cryptocurrency will choose using crypto for gamble because they see that when they used crypto, they can hide their identity from the government and the banks. They can play gambling on any site which has many options for the coin to gamble, so they don't have any problem with the process verification. I think in the future, the crypto gambling industry will become popular than the fiat gambling industry because people can gamble on many gambling websites without verifying their identities. And the best is they can play gambling in their home without going to the gambling places.

[supercanada1]

When I knew Bitcoin, I started playing gambling. So I used this currency to play comfortably compared to Fiat money. I don't care what's going on with the Bitcoin price at least it's still worth. It's easier to use Bitcoin because making a deposit doesn't require a personal identity. As we know we have to provide a full name and bank account to deposit on gambling sites using fiat money. The most important thing for me is to remain anonymous.

So that the player of here wants to use crypto coins instead of fiat because  literally crypto is easy to use need only some step and you can play a gambling games anonymous . But mostly in the real world ppeople use fiat because it is tradition when also the gambling games is not using technology or the only play a gambling games traditional but both is useful.

Majority of the gamblers are using both types of currencies i.e. fiat and digital currencies depending upon the nature of the game and most probably upon the nature of the house. If the house is land casino, there are maximum chances they would demand from you paper money not even the plastic money would be acceptable. Online gambling aligns well with cryptocurrencies as they are easy to handle.

This has become a trend nowadays that people prefer to use bitcoins for gambling. Actually it is dependent upon the state you belong to .Some areas have relatively flexible legal systems and the people their do use paper money for exchange of money in gambling .But need of being anonymous is still a demand when you gamble. Hence using the cryptocurrencies is a solution to this problem.

[Kimi80]

I also prefer to gamble with crypto. I am trying to stay away from different fiat deposits, because of I do not like to stay the number of my card or wallet here and there. From the other side gambling with crypto gives more freedom: for example, when you participate in a gambling signature campaign, in the most of cases they send the payment on your balance on their gambling site, so i may skip deposit thing. But in that case you gample on the site of the signature campaign you receive payment from. But I like to switch from the site to site, so its OK for me.

[ralle14]

Most people who know cryptocurrency will choose using crypto for gamble because they see that when they used crypto, they can hide their identity from the government and the banks. They can play gambling on any site which has many options for the coin to gamble, so they don't have any problem with the process verification. I think in the future, the crypto gambling industry will become popular than the fiat gambling industry because people can gamble on many gambling websites without verifying their identities. And the best is they can play gambling in their home without going to the gambling places.

I doubt you can hide from the government or banks because once you get to win a lot, at some point you'll run in to the problem of cashing out your money. There are exchanges that don't do verifications but eventually it's getting less and less as countries are starting to notice the demand for cryptocurrency exchanges.

[ekans45]

Most people who know cryptocurrency will choose using crypto for gamble because they see that when they used crypto, they can hide their identity from the government and the banks. They can play gambling on any site which has many options for the coin to gamble, so they don't have any problem with the process verification. I think in the future, the crypto gambling industry will become popular than the fiat gambling industry because people can gamble on many gambling websites without verifying their identities. And the best is they can play gambling in their home without going to the gambling places.

I doubt you can hide from the government or banks because once you get to win a lot, at some point you'll run in to the problem of cashing out your money. There are exchanges that don't do verifications but eventually it's getting less and less as countries are starting to notice the demand for cryptocurrency exchanges.

You can hide it through money laundering such as using mixers for your transaction become untracable since mixer's solution is to transfer such balance in a way that no one would know where it transfer that certain amounts. On the other hand, government are graduly tracking them down but it's still it's currently one of the best solution for you to hide your transactions online.

[Fundamentals Of]

Most people who know cryptocurrency will choose using crypto for gamble because they see that when they used crypto, they can hide their identity from the government and the banks. They can play gambling on any site which has many options for the coin to gamble, so they don't have any problem with the process verification. I think in the future, the crypto gambling industry will become popular than the fiat gambling industry because people can gamble on many gambling websites without verifying their identities. And the best is they can play gambling in their home without going to the gambling places.

I doubt you can hide from the government or banks because once you get to win a lot, at some point you'll run in to the problem of cashing out your money. There are exchanges that don't do verifications but eventually it's getting less and less as countries are starting to notice the demand for cryptocurrency exchanges.

You can hide it through money laundering such as using mixers for your transaction become untracable since mixer's solution is to transfer such balance in a way that no one would know where it transfer that certain amounts. On the other hand, government are graduly tracking them down but it's still it's currently one of the best solution for you to hide your transactions online.

Or you can simply sell your coins through P2P transactions. It is not that hard to avoid the banks nowadays because there already millions of people into crypto. Or if you can spend and make use of cryptocurrencies without converting them into fiat, that would be better. You don't have to undergo all kinds of intrusive processes by the government and the banks.

[panjul07]

Most people who know cryptocurrency will choose using crypto for gamble because they see that when they used crypto, they can hide their identity from the government and the banks. They can play gambling on any site which has many options for the coin to gamble, so they don't have any problem with the process verification. I think in the future, the crypto gambling industry will become popular than the fiat gambling industry because people can gamble on many gambling websites without verifying their identities. And the best is they can play gambling in their home without going to the gambling places.

I doubt you can hide from the government or banks because once you get to win a lot, at some point you'll run in to the problem of cashing out your money. There are exchanges that don't do verifications but eventually it's getting less and less as countries are starting to notice the demand for cryptocurrency exchanges.

It wont be a big problem IMO related to cashing out big win. If I'm in the position or big winning and worry about such thing then I'll just split it into many withdrawal. Send it to exchange lets say once a week or a month.
Or perhaps asks some trusted friends/family to use their bank accounts to cash out the big winning.