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Author Topic: Which cryptocurrency do you use for gambling frequently?  (Read 628 times)
darewaller
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March 23, 2020, 09:18:07 PM
 #81

I am still sticking with bitcoin based gambling for no big reasons. Recently I have deposited 0.05BTC into freebitcoin for gaining daily interest but that transaction took more than 2 days to get first confirmation even I had included more fee than what electrum suggested.

Seriously 2 days? The network is not clogged at the moment or even recently.

Or maybe that amount wasn't reflected right away in the freebitco.in and you just think it was stuck for more than 2 days.

I'm amazed you take the risks of putting BTC0.05 on that site just to achieve that 547 satoshis daily interest for a total of 0.00204025 annual interest.
I guess there will be no risk involved with that gambling house because they are serving us since 2013 and enabling us to make some bitcoins even without gambling. But, personally I will not deposit 0.05BTC with them for the reason of gaining daily interest. With the respect to current bitcoin prices, that must be very big money (even bitcoin prices are lower now a days compared to what we had some 10 days back).

Unlike most other crypto based gambling houses, freebitco.in is not providing any other cryptocurrencies for gambling with them. They are sticking with only bitcoins. This must be another reason, we must support them.
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Kelvinid
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March 23, 2020, 11:55:28 PM
 #82

Quite sometimes I used ETH but mostly I used Bitcoin since from the day I tried gambling. I often confident of using them both knowing that most gambling sites are only accepting Bitcoin and so we have no option but to use it instead. Even though Bitcoin's price is low but still, I'm using it no matter how it cost.
But because of the global market issue that we've been facing today, I have to limit my bet.

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n0ne
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March 23, 2020, 11:59:04 PM
 #83

My preference is ethereum, because it is the one that gave me big wins. After the wallet got emptied I moved to bitcoin, further my attention changed to ripple and this continues in an alternative manner. It is all about the availability, and these days every gambling website gives access to more number of cryptocurrency which makes the gamblers feel comfortable. Earlier as bitcoin and ethereum was used much, people used to convert for spending which itself costs them. Now few gambling websites have providing switching of bitcoin to ethereum and other cryptocurrencies as well.

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March 24, 2020, 12:38:50 AM
 #84

I almost always gamble with Bitcoin now. I used to have a pretty large assortment of cryptocurrencies almost exclusively for use with gambling after the large spike in transaction cost we had a while back, but I don't foresee any sort of major mempool backup or rise in transaction price on the main Bitcoin blockchain anytime in the future, so I've since cut out most of those cryptocurrencies.

It's definitely true that Bitcoin can have wild price swings, but so can any other altcoin because the crypto market tends to move with Bitcoin and in unison in general. There's plenty of other faster cryptocurrencies out there, but Bitcoin's been around for so long and has been so reliable I don't see any major advantages to using others.
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March 24, 2020, 01:56:47 AM
 #85

Quite sometimes I used ETH but mostly I used Bitcoin since from the day I tried gambling. I often confident of using them both knowing that most gambling sites are only accepting Bitcoin and so we have no option but to use it instead. Even though Bitcoin's price is low but still, I'm using it no matter how it cost.
But because of the global market issue that we've been facing today, I have to limit my bet.

If the bitcoin price is rising more than $10,000, I think it is not good to gamble using bitcoin because when we play gambling, the chance to get lost will wide open. So imagine if you use 0.01 Qbtc for gamble and suddenly, you lose all of the bitcoin, that will make us lose in a large amount although for some people, losing 0.01 btc is okay. I prefer to use altcoin like ethereum, litecoin, dogecoin, or else to gamble because the value of the altcoin is not the same as bitcoin, so that will not makes me sad if I lose all of the amounts. But I always limit my bet as you because I don't want to see I've got lost in one day, and I still want to use that money for gambling in another day.
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March 24, 2020, 03:47:14 AM
 #86

I can't go to local casino for coronavirus outbreak in my country, So now a days I'm gambling on online. At local casinos I always use fiat currency, I usually use bitcoin for online gambling, But on some websites I use ETH too.

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March 24, 2020, 03:55:42 AM
 #87

yes that must be done before  . before we start gambling its always a wise idea to allocate your funds ,one for gambling and other are for your other needs and dont ever touch those funds if ever you loose on your gambling session .

to the question that if what coins i like to use when gambling , that will be btc because value is now cheap and its faster to use btc nowadays but i dont feel gambling my btc if its pumping
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March 24, 2020, 04:24:23 AM
 #88

I don't have problem with bitcoin as my currency used for gambling, less hassle when I want to convert it back to USD. I agree with separating my funds for investment and gambling in that way you will not accidentally use all your funds, but I don't think that people will do these especially if they are compulsive gambler.

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March 24, 2020, 08:40:40 AM
 #89

I go with the majority, and I believe that majority of gamblers are using bitcoin when gambling in a casino.
As of now, the transaction fee is really high if you want to make your transaction faster, but I get used to that, the key here is just not to transact regularly.
What I did is just I just deposit in a gambling site, make some target profit, then if lucky withdraw it.

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March 24, 2020, 08:49:06 AM
 #90

Well i am not playing since this corona Virus Hit our country and the Quarantine take effect but what i will use this season of crisis and much fall from the crypto prices?no other than Dogecoin and Ethereum because these are the cheapest Fees for me and what i did use after Bitcoin Hit the max value in 2017.









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March 24, 2020, 09:00:35 AM
 #91

I have seen users who use USDTs in times like this that volatility is very frequent so that they can invest with a stable currency.
The reason to set aside money for gambling is a good method.
I also think about how the Casinos are closed, gambling online will be a good option. However, we must play with caution due to the instability of the crypto price.

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March 24, 2020, 09:24:49 AM
 #92

   Doge is my favorite alt-coin for gambling. Low value, very low minimal bets, I don't risk much! For betting on sport usually I bet with
Bitcoin! I tried some other alt-coins for playing dices and other lucky games, but Doge is the best for me! I wanted to try gambling
with Tron, but minimal bets there are like 10 TRX, more or less, it's expensive for me and I can't gamble relaxed!



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March 24, 2020, 09:56:25 AM
 #93

I think we need to completely separate the crypto money we buy for investment and the crypto money we use for gambling. Personally, from this point on, I will use as many USDTs as possible for gambling.
Alternatively, you may gamble the same currency with your investment by using differnt wallet. Through this way, you couldn't be able to abuse your reserved capital for your investment. Also, it's less hassle for you if every you hit the jackpot as withdrwing it into fiat wouldn't be a problem as you may transfer it to your main wallet. I myself is currently using XRP and BTC for gambling and investment. I couldn't insist using XRP as they cost less fee and faster also.
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March 24, 2020, 10:15:25 AM
 #94

   Doge is my favorite alt-coin for gambling. Low value, very low minimal bets, I don't risk much! For betting on sport usually I bet with
Bitcoin! I tried some other alt-coins for playing dices and other lucky games, but Doge is the best for me! I wanted to try gambling
with Tron, but minimal bets there are like 10 TRX, more or less, it's expensive for me and I can't gamble relaxed!

Which platform are u using for gambling with Doge? There is not much choices gambling with Dogecoin.
Usually you can BTC and ETH in gambling platforms.

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March 24, 2020, 04:50:59 PM
 #95

I went back and forth a lot on this and I am not sure which one I really prefer. When I was starting I started with bitcoin because back when I started there was maybe 3-4 coins, I remember bitcoin, namecoin, litecoin and that is about it during those days. However later on, I started to gamble with clam because just-dice required that but I felt like it wasn't really for me and I stopped doing it.

After all of that I went back to bitcoin, then I moved to dogecoin because that looked like a lot while gambling and was really fun, but it became really worthless and I didn't want to lose while not gambling as well. Moved back to bitcoin and moved to ethereum because that looked like it had dapps that were fun to use as well. Now I am at bitcoin again, don't know what the next one will be.
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March 24, 2020, 04:56:04 PM
 #96


 I straight up use bitcoin, I used to dabble with others as well but right now bitcoin is getting less and less transaction costs and depositing 10 bucks is easier than ever and honestly if you are going to play with anything higher than you don't care about transaction or withdrawal costs and if you are playing for anything under you can get it from the free rolls or promotions and what not so you can play for free honestly.

 I am not saying do not deposit, do so if you can but if you can't than there are other methods, many places still offer faucet for example, you can go to freebitcoin and still get free money ten times a day (24 normally but wanted to make it realistic) and in couple days you actually have a decent number to wager as well.

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March 24, 2020, 05:02:38 PM
 #97

Tron also one of the best altcoin to handle the gambling sites, But Bitcoin is more convenient for long term investment in gambling so we can concentrate Bitcoin and tron it will be match for all the time. Nowadays Ethereum is more familiar in all the gamblers so I am concentrate ETH and BTC for all time gambling. I hope number of altcoins are easy to handle in gambling sites at same time BTC was stay in all the pocket.
I do see very few gambling houses are accepting tron. Not sure my favorite houses are accepting tron for gambling. So far I too gambled only with bitcoins and if I get any free coins then I do gamble with them (primedice more often mail me free coins). I prefer gambling in BTC so that may hit my luck with big levels. I think there will be no matter of price of BTC to risk it in gambling as once decided to risk in gambling then it should be in BTC and no changes along with BTC's fluctuations.
Obviously, Bitcoin is the perfect matches for most of the gamblers and I am also concentrate in most of the houses. But few sites are accepting the some top altcoins so Tron is good to invest for some gamblers. Nowadays market fluctuations was totally upset the gamblers so we never judge the frequent house and frequent coins in crypto platform.

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March 24, 2020, 06:50:25 PM
 #98

   Doge is my favorite alt-coin for gambling. Low value, very low minimal bets, I don't risk much! For betting on sport usually I bet with
Bitcoin! I tried some other alt-coins for playing dices and other lucky games, but Doge is the best for me! I wanted to try gambling
with Tron, but minimal bets there are like 10 TRX, more or less, it's expensive for me and I can't gamble relaxed!

Which platform are u using for gambling with Doge? There is not much choices gambling with Dogecoin.
Usually you can BTC and ETH in gambling platforms.

   Fortune Jack and Stake.com, both are good. With a search in the google you will find many casinos that accept Doge.
I know that with Bitcoin and Ethereum you have more choices, more casinos and more games to play, but I don't like to
spend BTC and ETH on gambling, with Doge I just have fun and I enjoy playing dices occasionally!



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March 24, 2020, 09:29:29 PM
 #99

   Doge is my favorite alt-coin for gambling. Low value, very low minimal bets, I don't risk much! For betting on sport usually I bet with
Bitcoin! I tried some other alt-coins for playing dices and other lucky games, but Doge is the best for me! I wanted to try gambling
with Tron, but minimal bets there are like 10 TRX, more or less, it's expensive for me and I can't gamble relaxed!

Which platform are u using for gambling with Doge? There is not much choices gambling with Dogecoin.
Usually you can BTC and ETH in gambling platforms.

   Fortune Jack and Stake.com, both are good. With a search in the google you will find many casinos that accept Doge.
I know that with Bitcoin and Ethereum you have more choices, more casinos and more games to play, but I don't like to
spend BTC and ETH on gambling, with Doge I just have fun and I enjoy playing dices occasionally!
You can also able to play using DOGE on bitdice.me  Wink

Its just a matter of preference on what a gambler gonna use.Some may like to use btc directly since we know its value and some would prefer
on using ex. doge to prolong their time on doing gambling.It does really depend on interest or preference.

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March 24, 2020, 09:30:19 PM
 #100

I have seen users who use USDTs in times like this that volatility is very frequent so that they can invest with a stable currency.
The reason to set aside money for gambling is a good method.
I also think about how the Casinos are closed, gambling online will be a good option. However, we must play with caution due to the instability of the crypto price.
The reasons are varied for not using the volatile altcoins for gambling but stable coin idea is going to save the person from the price fluctuation. The unstable prices have a high level price fluctuation in USD but this volatility can increase the fiat equivalent at the end or vice versa. I can't see any difference using the stable crypto assets in crypto casino websites or fiat in normal gambling platforms except anonymity.

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