Crypto casinos pros and cons

[bitbunnny]

I would always give advantage to online casinos. You can  play from the privacy of your home when and how you like. I don't have problems with KYC, that doesn't bother me. Since I'm not exactly the fan of crowded places online casinos are always my first choice and due to the current situation with pandemic and the fact that we more and more live online than in real world, to my opinion online casinos have bright future.

[fiulpro]

Pros:-
           Privacy
           Decentralized network
           You can actually stay out of any infections that might spread through person to person contact
           You are saving your petrol charges 😂 , so don't worry about paying transaction fee once .
           Wide variety of interactive games , that can be played even on mobile .

Cons:-
           Some demands KYC
           You don't get the hands on experience that some might want .
            You gotta make your own food and serve yourself sitting alone in your room 😂

These are the only things I can think of .

[mirakal]

I would always give advantage to online casinos. You can  play from the privacy of your home when and how you like. I don't have problems with KYC, that doesn't bother me. Since I'm not exactly the fan of crowded places online casinos are always my first choice and due to the current situation with pandemic and the fact that we more and more live online than in real world, to my opinion online casinos have bright future.

When you submit to the KYC, then don't expect that you are privately gambling, it's better to be anonymous online so you can hide your identity, that is why in my case, I always choose crypto casinos over fiat casinos. Maybe privacy that you can play alone, but for security purposes, I'd go with crypto casinos and that's the reason I support and invested in crypto as well.

[Reid]

Risk is what first comes into my mind.
You will deposit money in a gambling site, the danger of it closing down any day or even any minute is there.
So you will need to be careful with that. Pick the trustworthy ones.

Second is the fun. I do online gambling a lot specially in sports betting, but I still prefer the excitement being given by offline casinos.
This is also why I don't player poker online. There is always something missing in an online way.
Interacting with players and also laughing with them after the game. I always look forward for that.

[freedomgo]

Risk is what first comes into my mind.
You will deposit money in a gambling site, the danger of it closing down any day or even any minute is there.
So you will need to be careful with that. Pick the trustworthy ones.

Of course, it's possible and we need to be prepare for that possibility although it rarely happen.
The strategy here is just never store money in an online casino, just withdraw and deposit regularly, that will help minimize the risk, this is quite expensive since you have to pay for the fee everytime you transact but at least it will help to minimize the risk.

[tbterryboy]

The only disadvantage I currently see in a few crypto casinos is the minimum withdrawals because they're fixed to a certain amount. It rarely gets changed or reduced as a result the fiat value goes up since most cryptocurrencies have been growing. This would force players to make an extra deposit just to withdraw, it's not an issue for me but still a disadvantage regardless since you have to make an extra step.

I have visited casinos a lot of times and I can promise you the minimum here at online casinos is nothing as compared to what we have to bet at the real-life casinos. I mean you cannot even make a sub $10 bet if you have some friends around and it would feel a shame doing so and online casinos don't have any bet limits and then yes you have to reach a minimum in a few casinos but that is still much lower than what real casinos operate with.

I cannot see any disadvantage with virtual casinos unless they have a rigged system and mind you not all games are provably fair so I cannot trust that and there are many technical aspects like there used to be a website called dicebitco.in and they were doing some skipping winning bets thing and unless you are a expert you cannot find that so those things are the only dis-advantage I think.

[cabron]

The only disadvantage I currently see in a few crypto casinos is the minimum withdrawals because they're fixed to a certain amount. It rarely gets changed or reduced as a result the fiat value goes up since most cryptocurrencies have been growing. This would force players to make an extra deposit just to withdraw, it's not an issue for me but still a disadvantage regardless since you have to make an extra step.

I have visited casinos a lot of times and I can promise you the minimum here at online casinos is nothing as compared to what we have to bet at the real-life casinos. I mean you cannot even make a sub $10 bet if you have some friends around and it would feel a shame doing so and online casinos don't have any bet limits and then yes you have to reach a minimum in a few casinos but that is still much lower than what real casinos operate with.

I cannot see any disadvantage with virtual casinos unless they have a rigged system and mind you not all games are provably fair so I cannot trust that and there are many technical aspects like there used to be a website called dicebitco.in and they were doing some skipping winning bets thing and unless you are a expert you cannot find that so those things are the only dis-advantage I think.

The provably fair technology in bitcoin casino is common but there are ways to find out whether it's fair or not as far as I know.
Many of us are still skeptic about it still and those new in crypto are more suspicious about this technology but there are threads created for it here in the forum.

https://bitcointalk.org/index.php?topic=5150219.0
https://bitcointalk.org/index.php?topic=161236.0

[bearexin]

well, maybe when the casino goes dark, I don't know how to take my money back because I am gambling in different countries, unlike with fiat casinos where I can gamble in casinos within my country, it's easier to go after them as they are under the regulation of the government.

To be honest there are many casinos that are well established and cannot imagine them running away but I do understand your point and it is a valid one. Maybe if you can just do a little bit of due diligence and check their license and operating legality then you can save yourself from them.

For most gamblers like me, we don't see that as a big risk as we can diversify our funds in different casinos, and I make sure I will only deposit what I can afford to lose, so if the casino goes scam, then I just move on, I'll take that because I enjoy the convenient crypto casinos has given me.

yeah and what I love the most about the online casino system is the bonus they provide and yes the casinos in real also do run loyalty programs but they aren't as entertaining and joyful as the online ones.

From my point of view the only factor that goes against the online casino is that there is a lack of live games, I mean the roulette spinning in from of your eyes has a completely different view while betting on a provably fair roulette is good but lacks the fun.

[pixie85]

Cons:-
           Some demands KYC
           You don't get the hands on experience that some might want .
            You gotta make your own food and serve yourself sitting alone in your room 😂

These are the only things I can think of .

If those are really the cons, there's no cons.

You can avoid KYC by going to a different casino. There's so many of them that you'll never run out of the ones that respect your privacy.

Most poker tournaments are run online these days. It's proven that people valuse comfort and easy access more than hands on experience.

I like my own food, but if you suck at making it you can always order yourself a pizza or something 

[freedomgo]

well, maybe when the casino goes dark, I don't know how to take my money back because I am gambling in different countries, unlike with fiat casinos where I can gamble in casinos within my country, it's easier to go after them as they are under the regulation of the government.

To be honest there are many casinos that are well established and cannot imagine them running away but I do understand your point and it is a valid one. Maybe if you can just do a little bit of due diligence and check their license and operating legality then you can save yourself from them.

They can always provide some license in their site, but my point is that they are not under the control of which country we are gambling, so how would you complain for example a gambling site that is running from US and you are in India, you maybe get justice but how long, and is it worth to wait that long for just a small amount for money, some people just let it go, just like when people get scam in ICO.

[carlfebz2]

Cons:-
           Some demands KYC
           You don't get the hands on experience that some might want .
            You gotta make your own food and serve yourself sitting alone in your room 😂

Add up on Cons;

When you hit jackpot then theres no one around would cheer out for you or simply you're the only ones who would shout and smile on your own. 
Getting yourself a food then thats always the norm but not totally a cons.What differs here is that you cant able to touch any machines or that
tactile feeling when you are on a actual or physical casino.

I agree on some people said that positive outweighs the negative one, so it isnt really that much of an issue if you do play online or offline.
What matters most is that you do play on the place on what you prefer and thats the whole point on the very first place.

[CaVO32]

Cons:-
           Some demands KYC
           You don't get the hands on experience that some might want .
            You gotta make your own food and serve yourself sitting alone in your room 😂

Add up on Cons;

When you hit jackpot then theres no one around would cheer out for you or simply you're the only ones who would shout and smile on your own. 
Getting yourself a food then thats always the norm but not totally a cons.What differs here is that you cant able to touch any machines or that
tactile feeling when you are on a actual or physical casino.

I agree on some people said that positive outweighs the negative one, so it isnt really that much of an issue if you do play online or offline.
What matters most is that you do play on the place on what you prefer and thats the whole point on the very first place.

I guess after this pandemic is over, there are still gamblers that will play in online casinos. As it is not totally safe to blend with people after the lockdown is over, gamblers will prefer to stick in online casinos for a while. So far, I have seen a lot of benefits using online casinos. This pandemic showcased the major benefits of using these online casinos.

[carlfebz2]

Cons:-
           Some demands KYC
           You don't get the hands on experience that some might want .
            You gotta make your own food and serve yourself sitting alone in your room 😂

Add up on Cons;

When you hit jackpot then theres no one around would cheer out for you or simply you're the only ones who would shout and smile on your own. 
Getting yourself a food then thats always the norm but not totally a cons.What differs here is that you cant able to touch any machines or that
tactile feeling when you are on a actual or physical casino.

I agree on some people said that positive outweighs the negative one, so it isnt really that much of an issue if you do play online or offline.
What matters most is that you do play on the place on what you prefer and thats the whole point on the very first place.

I guess after this pandemic is over, there are still gamblers that will play in online casinos. As it is not totally safe to blend with people after the lockdown is over, gamblers will prefer to stick in online casinos for a while. So far, I have seen a lot of benefits using online casinos. This pandemic showcased the major benefits of using these online casinos.

For sure there was but for those people who are just holding back theirselves on playing back to physical casinos will surely rushed up to the place without minding the possibilities that there might be still some virus out there.It would really be wise and would be better if we do wait for zero case before going outside and theres already a cure to this virus.In case you've been infected then youre confident that there a cure out there.You wont panic out and thinking that you would die. People are different when it comes to their approach towards gambling, some prefer offline casinos but do consider online ones due to this situation
and later on they will indeed realize that playing online wasnt really bad at all and might decide to stick or will go back to their normal activity without hesitance.

[SaShiRaJaVu]

You can actually stay out of any infections that might spread through person to person contact
           You are saving your petrol charges 😂 , so don't worry about paying transaction fee once .
           Wide variety of interactive games , that can be played even on mobile .

OP is not asking about the advantages of playing in a real casino rather he is asking about the advantages of crypto and fiat based casinos.
 

          Some demands KYC
           You don't get the hands on experience that some might want .
            You gotta make your own food and serve yourself sitting alone in your room 😂

KYC is a negative aspect in a crypto based casinos, but in that too there is a positive aspect as they only ask for verification from users who are exploiting the casino.

@OP i am mostly in sports gambling and the main difference i can say is that fiat based have more option and odds than crypto based. The rest crypto reigns supreme.

[FlightyPouch]

I guess after this pandemic is over, there are still gamblers that will play in online casinos. As it is not totally safe to blend with people after the lockdown is over, gamblers will prefer to stick in online casinos for a while. So far, I have seen a lot of benefits using online casinos. This pandemic showcased the major benefits of using these online casinos.

The thing here is that people are already gambling online even before this pandemic but I know what you mean. I don't think these casinos and other places that are closed now because of the pandemic will function without the notice of the government. Obviously, they will be considering a lot of things before they let these places open after the pandemic. But for sure they might overlook and just let them function as they need to rebuild their economy.

[ultrloa]

I guess after this pandemic is over, there are still gamblers that will play in online casinos. As it is not totally safe to blend with people after the lockdown is over, gamblers will prefer to stick in online casinos for a while. So far, I have seen a lot of benefits using online casinos. This pandemic showcased the major benefits of using these online casinos.

The thing here is that people are already gambling online even before this pandemic but I know what you mean. I don't think these casinos and other places that are closed now because of the pandemic will function without the notice of the government. Obviously, they will be considering a lot of things before they let these places open after the pandemic. But for sure they might overlook and just let them function as they need to rebuild their economy.

Right we are seeing some online casinos running even if there's no pandemic but the good thing is they accumulate more costumers due to the lock down of physical businesses and I also believe the other who enjoy the game online will remain playing but still for sure they will play physically after this pandemic ends since online and physical playing got different satisfactory level for gamblers. But I think the government will give a low prio for this business since for  sure they will look up first for those big companies who can give them more and help them rebuild the economy.

[robelneo]

Hi guys!

We are all here because we like playing with crypto
There are many advantages of gambling in crypto casinos, e.g. privacy and speed. Or something else?
But are there some disadvantages for you compared to fiat money casinos?

Cheers,
Karl

One of the advantages is you don't have to carry a lot of cash in your wallet and you also do not want a credit card to play in gambling casinos, in Crypto casinos who are working online, you can do it in the comfort of your home and it's like an investment to you too, if you win and it happens that the crypto you've won pump up, that's like hitting one stone with two birds.

[passwordnow]

It's not a problem if you are trusting the casino so that's not a matter of trust issues because you're aware of their existence for a long time. And you have no choice but to comply because your funds will be stuck if you won't comply to them.
But if a casino already act from the beginning asking for that without any valid reason, it's time to leave them.

Choosing the right casino is what matters a lot, because if a casino has a good reputation, they will not try to make a bad move to ruin their reputation as they could eventually lose their customers, building a reputation is not easy, therefore those casino with good reputation now will not scam people since they are operating profitably, unless they will do an exit scam which rarely happen in the crypto space.

The reputable casinos wouldn't waste their time delaying the small amounts of withdrawal from the usual gamblers like me. It's very important that you should know from the start where you will gamble.
And those kind of casinos are very accessible and well converse with their customers during the times when you deal with problems. That's how they handle their customers and very responsive.

[winterlemon912]

Hi guys!

We are all here because we like playing with crypto
There are many advantages of gambling in crypto casinos, e.g. privacy and speed. Or something else?
But are there some disadvantages for you compared to fiat money casinos?

Cheers,
Karl

When it comes to crypto casinos, I trust Stakes.com because Stakes.com is an online casino where we can play many games and also we can bet on some online game tournaments so that the betting is processing while we play online casino. We can also watch the tournament game if we dont want to play casino. You can also use many type of coin in here like Bitcoin, XRP and many more. I also recommend you to have a quick study on a tournament game before you bet. It helps a lot on me.

[KTChampions]

I would always give advantage to online casinos. You can  play from the privacy of your home when and how you like. I don't have problems with KYC, that doesn't bother me. Since I'm not exactly the fan of crowded places online casinos are always my first choice and due to the current situation with pandemic and the fact that we more and more live online than in real world, to my opinion online casinos have bright future.

I agree with you, but I must say that real casinos have their advantages. First of all, it is an atmosphere of celebration and adventure - you can hardly feel such emotions while sitting at home at your computer. To some extent, this can be compared to a nightclub - dancing and listening to music is much more comfortable at home, but the nightclub has a completely different atmosphere (and of course the girls  ).