What's your favorite crypto for gambling?

[imstillthebest]

I only play the dice game, I am not that so into gambling, I o ly play a dice game in yobit platform because it is needed to make my investment profitable. I don't play in any online gambling or casino gambling because I am not that so good on it and I am thinking that I will only lose my money once I tried it. Yobit dice game is also good it will double your token once you win on it. If you are investing your dice token on yobit, you need to play dice game so your investment will grow because once you haven't played dice game your investment will not make a profit.

That will be a risk for you if you spend more amount just to expect to grow your investment because I don't know how to calculate the return by playing a dice game. But as long as you can prevent from spending too many amounts in dice games, you will be okay, and I think you will also make a nice return in your investment. If you think that you cannot make the winning, you'd better stop playing the games, and you can try to play the next day again. I hope you can search for another investment type, so you don't have to play dice games while you invest.

he didnt said that he spend big amount on his investment or gambling activity because he didnt said any numbers . we need to spend only according to our standards but investing small always lead to small return at first although you can save it and invest it again to gradually increase your earnings but i wont recomend gambling our invested money because gambling is more riskier . by the way  my favorite coin for gambling is different from investing . i only invest with btc while i gamble with alts , i can do this by converting my btc using my wallet .

[BuNga_cute]

Because I'm used to using Bitcoin for gambling, so my favorite crypto is Bitcoin for gambling. There is no specific reason why Bitcoin
became my favorite for gambling. Of course decentralized gambling industry will grow and many people use it. Maybe because of
physical casinos are closed because COVID-19, many people end up trying to play in decentralized gambling. Then its popularity
increases.

[Pamadar]

I only play the dice game, I am not that so into gambling, I o ly play a dice game in yobit platform because it is needed to make my investment profitable. I don't play in any online gambling or casino gambling because I am not that so good on it and I am thinking that I will only lose my money once I tried it. Yobit dice game is also good it will double your token once you win on it. If you are investing your dice token on yobit, you need to play dice game so your investment will grow because once you haven't played dice game your investment will not make a profit.

That will be a risk for you if you spend more amount just to expect to grow your investment because I don't know how to calculate the return by playing a dice game. But as long as you can prevent from spending too many amounts in dice games, you will be okay, and I think you will also make a nice return in your investment. If you think that you cannot make the winning, you'd better stop playing the games, and you can try to play the next day again. I hope you can search for another investment type, so you don't have to play dice games while you invest.

Risk is high once you build tensions after to keep seeing losses from your investment. It's hard to control your emotion if you
are already suffering from huge loses things are different and chances that
you'll going to yolo is also high, you'll only find out that you lose everything.

[peter0425]

In gambling, there's nothing wrong about using various cryptocurrencies to bet, as long as you are winning and getting more than the amount of your funds. That's why, whenever I receive a funds from a gambling site by promoting the page through reviews, or using their faucet, I use the cryptocurrency that I get and don't bother converting it to bitcoin as I think that I can get the same excitement since I can always convert it in the end. Plus, if I will convert it right away before playing, it will just cost me too much in transaction fees so, why to choose crypto to bet if the crypto we have is already available in the platform right?

Yeah it doesn't matter for me, we should focus on our strategies first before even bothering the cryptocurreny that we are using when we gamble. Probably that most of the major online gambling sites are accepting bitcoin as deposit so btc is the only crypto that I using whenever I gamble. There are people saying that depositing through altcoins are more cheap because of the lesser fee but for me it doesn't matter because what is matter is if we are making money from gambling or not.

lol of course you must ready the currencies to use before putting your strategy because the crypto is much important than everything.

Strategizing is part of your evolving in this gaming because this proves that we are getting mature and not just trusting Luck but instead our skills and abilities as well.

[sana54210]

Because I'm used to using Bitcoin for gambling, so my favorite crypto is Bitcoin for gambling. There is no specific reason why Bitcoin
became my favorite for gambling.

You are not an exception here because many people are still sticking with bitcoin for their gambling purposes for no obvious reasons. Moreover they are all got introduced into gambling just because of adopting bitcoin and they are still being loyal to bitcoin unknowingly. I am a gambler before I got into bitcoin space but I am having more than 90% of my gambling only in bitcoin and only for few house specific gambling I am going for other cryptocurrencies to play with.

In between when the fees were too high for the bitcoin, during that scenario it matter to many people because for gambling or transferring a little amount of btc the cost was too much. So altcoins does play a vital role in such times.

Yes, with altcoin bankroll you will be set ready to gamble quicker than bitcoin deposits. But, these are the problems of the gamblers who regularly withdraw and deposit back. I allocate some funds every month hence I rarely get stuck for delayed confirmation nor enforced to pay high fees as I do add funds well in advance.

[Becky666]

In gambling, there's nothing wrong about using various cryptocurrencies to bet, as long as you are winning and getting more than the amount of your funds. That's why, whenever I receive a funds from a gambling site by promoting the page through reviews, or using their faucet, I use the cryptocurrency that I get and don't bother converting it to bitcoin as I think that I can get the same excitement since I can always convert it in the end. Plus, if I will convert it right away before playing, it will just cost me too much in transaction fees so, why to choose crypto to bet if the crypto we have is already available in the platform right?

Yeah it doesn't matter for me, we should focus on our strategies first before even bothering the cryptocurreny that we are using when we gamble. Probably that most of the major online gambling sites are accepting bitcoin as deposit so btc is the only crypto that I using whenever I gamble. There are people saying that depositing through altcoins are more cheap because of the lesser fee but for me it doesn't matter because what is matter is if we are making money from gambling or not.

Personally, going by this means from you could lead anyone into a deep mess, because the most important thing while we gamble is for us to make profit and not just base on fun or entertainment (as many acclaimed). Leaping into any gambling casinos without first thinking on what types of coins they use will make things difficult whenever you're lucky as a winner. I would rather check the availability of coins be use than to jump into a strategy.

[Darker45]

I am mostly using ETH in gambling. I cannot remember the particular reason why I chose that except that it was something quite easier to play with compared to my more precious Bitcoin. And I had quite a number of ETH in my wallet before. From then on, it was almost always ETH. I mainly gamble with sports betting. But I have also gambled with BTC and other top altcoins such as LTC and DOGE especially in random games.

COVID-19 is definitely not the reason why cryptocurrency gambling is becoming popular, although it may have helped. Even before COVID-19, cryptocurrency gambling has already hit the main stage somehow.

[Inkdatar]

Actually, I don't have a particular favorite of crypto when I'm playing for gambling. Whatever the available in my wallet it is the one I'm using to play with. It may be btc or eth which I am always using as long you know how to manage your funds during gambling.

[sheenshane]

There are various decentralized gambling platforms that operate altcoins blockchain technology. Like ETH, NEO, EOS and etc. these coins are known that can operate decentralized online gambling casinos. On the other hand, Bitcoin is very popular than the altcoin and there's no wonder why there's a wide adoption. which is commonly used from those online gambling sites

Here is what I found an article that contains lists of decentralized Casinos.

• Peergame --supported by BSV blockchain
• EarnBet.io --supported by EOS blockchain
• Edgeless.io

-- wide selectively of payment Bitcoin and Altcoins.

• Casinofair -- sUpported by ETH blackchain
• Betfury --supported by TRON network.

Source:

[Stedsm]

I'd prefer XRP over any other crypto currently for it being the lowest in price and having higher chances of going upside in terms of price. It's better if you don't just think as a gambler and rather have that trading side alive in yourself. That's the beauty of having crypto in gambling, it gives an opportunity to get both - profits through wins and more profits through price rise.

[wxa7115]

There are many smart contract platforms out there on the market each with their unique features and use cases for the mainstream world. There are many exciting gambling dApps out there on the Blockchain, that are too hard to ignore these days. Personally, I find myself to be quite fond of Ethereum with its ever-growing library of lotteries and decentralized online casinos. But I greatly dislike the high fees and slow transaction throughput on the ETH blockchain. I have tested both TRON and EOS, and they're far superior than ETH in this sense. While they're not as decentralized as ETH, they certainly provide convenience to everyday gamblers like you and me.

Among the various cryptocurrencies and smart contract platforms available on the market, there's a "taste" for every gambler in the industry. Bitcoin is the most widely accepted cryptocurrency for gambling, followed by Ethereum and its competitors. But I believe cryptocurrencies that are fast and cheaper to use, will gain a huge advantage over others in the decentralized gambling industry.

What's your favorite crypto for gambling? Why did you choose it? Do you think the decentralized gambling industry will grow now that crypto is becoming more popular due to COVID-19? Or is it still too early to tell?

One of my favourite cryptocurrencies to gamble is without a doubt dogecoin, the reasons are simple, one of them is that the fees are really cheap and when you are playing with a low amount of money this is important, another aspect is that you get confirmations really fast unlike some coins and finally since dogecoin is so cheap it seems you are gambling with a lot of money when in fact you are gambling with a small amount and that allows me to gamble for longer periods of time without spending too much money.

[Abiky]

I don't have favorite crypto for gambling, but I often use dogecoin and litecoin to gamble because those coins have a low fee to send. Besides that, I can use the smallest amount like less than 100 dogecoin to gamble, and if I buy 2,500 dogecoin, I can use that for playing gambling for a long time, and I can also store the dogecoin in my account.

The crypto gambling industry will grow, and we already saw that it is happening now because many new crypto gambling websites launches, so we have many options for playing gambling. It is not too early because if we compared a few years ago, the number of crypto gambling websites is increasing, and that includes the games inside the gambling website.

Usually, altcoins with low demand/popularity have the fastest transaction confirmation times and cheapest fees in the industry. They make great cryptocurrencies for gambling because of the benefits they provide over Bitcoin or even Ethereum. Dogecoin is a cryptocurrency that's widely accepted in online gambling sites, although the same is inactive in development and innovation. Due to its inexpensiveness, anyone can gamble using DOGE without breaking the bank. It's one of my favorite cryptocurrencies for gambling besides TRON, ETH, and BTC.

With COVID-19 encouraging people to interact in the online world, we might see increased adoption of crypto gambling sites soon. An advantage of these types of gambling sites is that people don't need to verify their identities to participate (KYC). It's just like physical cash where you go ahead, place your bets, and gamble your way towards victory. If the gambling industry starts embracing crypto/Blockchain technology, things would've been a lot different than what they are right now. My guess is that in the future, physical casinos will cease to exist, as everything will shift to the online realm. With crypto, transactions are a lot faster, cheaper, and anonymous than traditional credit/debit cards (depending on the type of cryptocurrency). For now, ETH dominates the decentralized gambling industry. But TRON and EOS could follow suit, due to their unmatched speeds and near-zero fees (in EOS, there are no fees).

Nonetheless, many people will choose ETH and DOGE as their favorite cryptocurrencies for gambling because of the benefits they provide among other coins on the market. As long as the crypto you choose has mainstream adoption, it'll become accepted by renowned gambling companies in the industry. Even if your favorite crypto is not accepted by a gambling site, you can always convert it to BTC for peace of mind. Let's hope that more gambling sites accept crypto for the benefit of the Blockchain industry. Just my thoughts

[maydna]

~snip~

he didnt said that he spend big amount on his investment or gambling activity because he didnt said any numbers . we need to spend only according to our standards but investing small always lead to small return at first although you can save it and invest it again to gradually increase your earnings but i wont recomend gambling our invested money because gambling is more riskier . by the way  my favorite coin for gambling is different from investing . i only invest with btc while i gamble with alts , i can do this by converting my btc using my wallet .

Yup, I only say IF . Perhaps, we can invest gradually as you say for at least six months or one year, so when the target to invest is reached, we don't have to invest again, but we can see how much the investment will grow.

Using bitcoin as the investment will be a perfect choice, and using the altcoin to gamble will not be a problem. With so many altcoins that we can use to gamble, I think it can prevent us from using bitcoin to gamble because bitcoin is too expensive to be used for gambling.

~snip~

Usually, altcoins with low demand/popularity have the fastest transaction confirmation times and cheapest fees in the industry. They make great cryptocurrencies for gambling because of the benefits they provide over Bitcoin or even Ethereum. Dogecoin is a cryptocurrency that's widely accepted in online gambling sites, although the same is inactive in development and innovation. Due to its inexpensiveness, anyone can gamble using DOGE without breaking the bank. It's one of my favorite cryptocurrencies for gambling besides TRON, ETH, and BTC.

With COVID-19 encouraging people to interact in the online world, we might see increased adoption of crypto gambling sites soon. An advantage of these types of gambling sites is that people don't need to verify their identities to participate (KYC). It's just like physical cash where you go ahead, place your bets, and gamble your way towards victory. If the gambling industry starts embracing crypto/Blockchain technology, things would've been a lot different than what they are right now. My guess is that in the future, physical casinos will cease to exist, as everything will shift to the online realm. With crypto, transactions are a lot faster, cheaper, and anonymous than traditional credit/debit cards (depending on the type of cryptocurrency). For now, ETH dominates the decentralized gambling industry. But TRON and EOS could follow suit, due to their unmatched speeds and near-zero fees (in EOS, there are no fees).

Nonetheless, many people will choose ETH and DOGE as their favorite cryptocurrencies for gambling because of the benefits they provide among other coins on the market. As long as the crypto you choose has mainstream adoption, it'll become accepted by renowned gambling companies in the industry. Even if your favorite crypto is not accepted by a gambling site, you can always convert it to BTC for peace of mind. Let's hope that more gambling sites accept crypto for the benefit of the Blockchain industry. Just my thoughts

Dogecoin will be the choice for many people, as they don't have to worry about spending too much money to buy dogecoin or spend too big of dogecoin. That is why I choose dogecoin as one of the coins that I've used to gamble besides litecoin. I feel that if I spend more than 1k of dogecoin, that will not be a problem for me depend on if I use 0.001 bitcoin because I know that I won't spend more than 100 dogecoin per day

Actually, with the Covid-19, the crypto gambling industry has a chance to attract more people, especially for the offline casino player to try and move their choice to the online crypto gambling. That can be their alternative to playing gambling without verifying themselves to protect their identity from fraud. But I don't think that the offline casino will cease to exist in many countries that allow gambling because the offline casino will still have their fan, and they still play in that place to remember the old memories.

We will see it later, and if the crypto adoption can grow fast after the pandemic, it will allow online crypto gambling to be the next bigger industry on the internet.

[dre1982]

Last week I have been playing BTC and Tron only. I am the only one who hates it when a casino only show BTC balance in mBTC? I always get lost on that and always start wagering bigger then expected.

[tyz]

If it is offered by the casino, then I almost always play with Doge. I hardly own Doge but I always exchange mBTC for Doge. Why? Because it is much easier and cheaper to play with Doge than with coins such as BTC or ETH which have high transaction fees.

[Becky666]

Last week I have been playing BTC and Tron only. I am the only one who hates it when a casino only show BTC balance in mBTC? I always get lost on that and always start wagering bigger then expected.

:-) That's confusing mate, though whenever am fortunate to gamble on such cryptocurrency casinos, I do convert the mBTC before play. I could vividly remember that, back in 2019 in my early days with gambling casinos I did lost a huge sum of my stash, next time ensure you convert them to be a safer side.

[Lanatsa]

I don't have favorite crypto for gambling, but I often use dogecoin and litecoin to gamble because those coins have a low fee to send. Besides that, I can use the smallest amount like less than 100 dogecoin to gamble, and if I buy 2,500 dogecoin, I can use that for playing gambling for a long time, and I can also store the dogecoin in my account.

The crypto gambling industry will grow, and we already saw that it is happening now because many new crypto gambling websites launches, so we have many options for playing gambling. It is not too early because if we compared a few years ago, the number of crypto gambling websites is increasing, and that includes the games inside the gambling website.

Usually, altcoins with low demand/popularity have the fastest transaction confirmation times and cheapest fees in the industry. They make great cryptocurrencies for gambling because of the benefits they provide over Bitcoin or even Ethereum. Dogecoin is a cryptocurrency that's widely accepted in online gambling sites, although the same is inactive in development and innovation. Due to its inexpensiveness, anyone can gamble using DOGE without breaking the bank. It's one of my favorite cryptocurrencies for gambling besides TRON, ETH, and BTC.

You said it right and thats why we have seen that most or majority of gambling sites nowadays do add up DOGE in spite of its low price which majority can able to to buy it and still have lots in talks of quantity since
its pretty darn cheap.

When it comes to transaction time then we know that it is hell of a fast too which can be compared on newer platforms that do exist in the market.When it comes to preference then it will vary on each
person because majority will always matter on the value thats why they do end up most of the time with btc and other top alts.

but for people who do long for enjoyment and longevity of gameplay then they will mostly picked DOGE.

[seleme]

Last week I have been playing BTC and Tron only. I am the only one who hates it when a casino only show BTC balance in mBTC? I always get lost on that and always start wagering bigger then expected.

:-) That's confusing mate, though whenever am fortunate to gamble on such cryptocurrency casinos, I do convert the mBTC before play. I could vividly remember that, back in 2019 in my early days with gambling casinos I did lost a huge sum of my stash, next time ensure you convert them to be a safer side.

It is confusing to convert each time MBTC to BTC, the unit converter websites do this job easily. Simply changing the unit to BTC will solve this problem. Using USDT or other stable coins will be the best for calculating profit/loss.  I have done the same mistakes too due to not paying attention to numbers after the dot  

[Abiky]

If it is offered by the casino, then I almost always play with Doge. I hardly own Doge but I always exchange mBTC for Doge. Why? Because it is much easier and cheaper to play with Doge than with coins such as BTC or ETH which have high transaction fees.

I believe that DOGE is the best cryptocurrency around for gambling, due to its inexpensiveness, fast speed, and ridiculously low fees. People can gamble with just 1 DOGE equal less than a cent (USD) at current prices. It's no wonder why many crypto gambling sites have accepted Dogecoin as payment method. ETH may have a lot of interesting decentralized gambling games, but the high network congestion makes gambling totally impractical. The same thing happens with Bitcoin (although it's now possible to send payments instantly for less than a penny using the Lightning Network). Maybe gambling sites accepting ETH could rely on some sort of sidechain or Layer-Two solution for scalability? Only this way, people can have a better gambling experience in the decentralized world.

Unless popular cryptocurrencies like BTC and ETH become more scalable over time, DOGE, TRX, and EOS will continue to be my top cryptocurrencies of choice for everyday gambling. Just my thoughts

[GreatArkansas]

If it is offered by the casino, then I almost always play with Doge. I hardly own Doge but I always exchange mBTC for Doge. Why? Because it is much easier and cheaper to play with Doge than with coins such as BTC or ETH which have high transaction fees.

I believe that DOGE is the best cryptocurrency around for gambling, due to its inexpensiveness, fast speed, and ridiculously low fees. People can gamble with just 1 DOGE equal less than a cent (USD) at current prices. It's no wonder why many crypto gambling sites have accepted Dogecoin as payment method.
(....)

Dogecoin or other undervalued cryptocurrency is extremely good for transferring like deposit or withdrawal in such gambling websites because for sure the transaction fees is cheap and you can guarantee that transaction will easily get confirmed or it is fast.

But in terms of minimum bets, I don't think it is also based on cryptocurrency you using, once your cryptocurrency is already in the gambling site, as far as I know is basing on USD value but still I saw some websites before that per cryptocurrency got different minimum amount to bet.