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Author Topic: What's your favorite crypto for gambling?  (Read 1940 times)
jossiel
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July 22, 2020, 01:12:33 AM
 #141

i love Dapps gambling website, so Eos still my favourite coin, because i dont need to deposit on gambling website address, i can play any game direct on my wallet. but only the problem is waiting the transaction is bit annoying even the transaction speed are fast.
I have never tried gambling with a dapp or with EOS. How is it if your description of the transaction is fast but you are annoyed? You shouldn't be annoyed if the EOS transactions are quick and you are liking to gamble with it.

before Eos are exist, my favourite coin to gambling are Dogecoin due Cheap and fast transaction.
Dogecoin will never get old as top choice for gambling.  Cool

It is the easiest coin to spend in gambling.

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July 22, 2020, 07:57:16 AM
 #142

Different currencies have different pros and cons.

For example, every dapp casino have a pros of using your own address as deposit address, but a great cons that for every transaction and every spin you need to pay a small fee (yeah, every action in ethereum dapp is a small transaction intself).

My favorite is of course bitcoin. I do not trust another cryptos too much, and pros of bitcoin is that this is bitcoin  Grin and it will be always valuable and without any price movements. And yeah, i love to win in bitcoins  Smiley

On Dapp you can save yourself a fee if you are using a Tron gambling Dapp by freezing a portion of your coins, done it when I was active in their Dapps dice I can deposit with zero fee by freezing a portion of my Tron the cons is freezing takes 72 hours or even longer, this is the big attraction of Tron Dapps but I still prefer coins with a lot of coins as an option.

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July 22, 2020, 08:15:38 AM
 #143

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? Huh

I think the best crypto in gambling games is Tron. My transactions get approval very quickly. I have tried the Wink system before.
I have tried trx well it is also convenient using this in a game. Also, I’m using Eth which is my first choice when I’m doing a bet in a game. Btc, etc and trx these are my choice actually when playing in an online game also it depends on your preference of what coin to use.
Try XRP also if available n the site your going to play because this is much cheaper in fees also.

i have not tried TRX since then because i only use Btc,ETH and XRP other than that i rather choose fiat.

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July 22, 2020, 09:11:21 AM
 #144

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? Huh

I think the best crypto in gambling games is Tron. My transactions get approval very quickly. I have tried the Wink system before.
I have tried trx well it is also convenient using this in a game. Also, I’m using Eth which is my first choice when I’m doing a bet in a game. Btc, etc and trx these are my choice actually when playing in an online game also it depends on your preference of what coin to use.
Try XRP also if available n the site your going to play because this is much cheaper in fees also.

i have not tried TRX since then because i only use Btc,ETH and XRP other than that i rather choose fiat.
If I personally choose LTC and LTC many are accepted on the gambling platform, if the gambling platform does not accept payment via LTC, of course I am there because for me, LTC with cheap fees and fast transactions is carried out

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July 22, 2020, 11:16:45 AM
 #145

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.
Though am a fan of Bitcoin and those casinos operating and accepting it for gambling but due to it fees I have  shifted from using Bitcoin to TRON. Recently, I just unstake my TRON coins for gambling on their platforms, they have good platforms which allow anyone to play through their coins. Also, best TRON casinos is my favourite this season, till bitcoin transaction fees subsidies again.

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July 22, 2020, 11:26:37 AM
 #146

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? Huh

I think the best crypto in gambling games is Tron. My transactions get approval very quickly. I have tried the Wink system before.
I have tried trx well it is also convenient using this in a game. Also, I’m using Eth which is my first choice when I’m doing a bet in a game. Btc, etc and trx these are my choice actually when playing in an online game also it depends on your preference of what coin to use.

Mostly I prefer to use the ETH as considered it better in terms of the transaction fees atleast is not much and whatever little can be saved on transaction is still a sort of earning only. Just in case when need to bet and do not have ETH or so then may be use some other coin if the site does support other coins and play with it.

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July 22, 2020, 01:26:16 PM
 #147

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? Huh

I think the best crypto in gambling games is Tron. My transactions get approval very quickly. I have tried the Wink system before.
I have tried trx well it is also convenient using this in a game. Also, I’m using Eth which is my first choice when I’m doing a bet in a game. Btc, etc and trx these are my choice actually when playing in an online game also it depends on your preference of what coin to use.

Mostly I prefer to use the ETH as considered it better in terms of the transaction fees atleast is not much and whatever little can be saved on transaction is still a sort of earning only. Just in case when need to bet and do not have ETH or so then may be use some other coin if the site does support other coins and play with it.



Considering the high fee's as well the congestion of BTC I consider ETH as second option regarding on that matters, also I am looking with XRP also since the coin is quitely fast and cheap which is so good to me.

But what interesting things if certain casinos will add stable coins since this will be a good stable option for players who always leave their coins in the platform.

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July 22, 2020, 03:14:27 PM
 #148

Even I'm not considering any of crypto as my favorite one to gamble with, I am always gambling only with bitcoin for obvious reasons. For the same risk I am taking, I'm just looking for bigger benefits. This is possible only with bitcoin as of now because of its higher value. The next high value asset is ethereum but by rough calculations, it is some 40x lower than bitcoin in value which means if I gamble with ethereum then I am diminishing my chances for hitting big money by 40 times with respect to my emotional time and effort factors.

I'm considering here only the possibility of getting addicted to gambling when I am gambling and time and energy required for my gambling and definitely not the value of base bet Cheesy.

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July 22, 2020, 03:37:06 PM
 #149

cryptocurrency for gambling capital is an alternative coin that has a low price such as Tron, XLM, XRP, and many others. I prefer to use altcoin which has a low price value because it is not too risky if I have to lose or lose when gambling, because when using bitcoin and I experience defeat the amount of loss will increase and the risk is very high.
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July 22, 2020, 03:58:16 PM
 #150

Utilizing smart contract feature of Ethereum and creating a new coin for playing in the casino is one among another major crypto scams going over in the market. In 2018, there were various gambling casinos which created their own ERC20 currency for the purpose of playing the game and simultaneously receiving investments for running away in future. Almost every one of the casinos with their own ERC20 has amassed a good fortune from its investors and are trying hard to prove them legit or might run away with the fortune in future.

I agree with your statement because its reality. Although not all gambling site that have their own cryptocurrency will end up scam, but that is not good enough to be developed in my opinion. I think gambling site can still reap huge profit from gambler even though they dont have their own crypto currency circulating in the market. Even though their cryptocurrency look legitimate, player seem to prefer bitcoin or other altcoin rather than coin from the site.

I trust only a few gaming sites such as FJ, wolfbet, swcpoker, freebitco, sportsbet, bitcasino, bitsler and a few others.
Some of the one you mentioned are gambling site that I like and of course they are trustworthy site.
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July 22, 2020, 03:59:32 PM
 #151

cryptocurrency for gambling capital is an alternative coin that has a low price such as Tron, XLM, XRP, and many others. I prefer to use altcoin which has a low price value because it is not too risky if I have to lose or lose when gambling, because when using bitcoin and I experience defeat the amount of loss will increase and the risk is very high.

As long as you start with the same value in fiat then anything you lost remains in the same value unless the price of the coin increase significantly after you lost it and you recalculate the coin that you lost with the latest rate.
In this case, you will feel the same no matter which coin you are using to gamble.
Regarding the risk, do you mean to say that the risk of gambling is higher when you use bitcoin than other coins?
If I'm right, I have no ideas how can you think like that.



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July 22, 2020, 04:18:27 PM
 #152

Since I do not really hold any altcoins I only gamble with bitcoin and to be honest I do not see a reason to change this, if I want to exchange my bitcoin for an altcoin then most likely the cost of the conversion and the fees will be high enough to not justify the conversion on the first pace, and when you take into account that most casinos accept bitcoin and this is not completely true when it comes to many popular altcoins then bitcoin gives me access to the most casinos without having to compromise and adopt a coin only for my gambling purposes.
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July 22, 2020, 05:38:19 PM
 #153

On Dapp you can save yourself a fee if you are using a Tron gambling Dapp by freezing a portion of your coins, done it when I was active in their Dapps dice I can deposit with zero fee by freezing a portion of my Tron the cons is freezing takes 72 hours or even longer, this is the big attraction of Tron Dapps but I still prefer coins with a lot of coins as an option.

Interesting. I talked mostly about Ethereum. But again, with Tron there another problems: his price is more volatile, so you risky a bit much than with Bitcoin or even Ethereum. Also blockchain is weaker. And yeah, after freezing you will not be able to withdraw it, so to play for a big amounts of money is risky.

As you see, some pros and some cons.

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July 22, 2020, 05:59:04 PM
 #154

Since I do not really hold any altcoins I only gamble with bitcoin and to be honest I do not see a reason to change this, if I want to exchange my bitcoin for an altcoin then most likely the cost of the conversion and the fees will be high enough to not justify the conversion on the first pace, and when you take into account that most casinos accept bitcoin and this is not completely true when it comes to many popular altcoins then bitcoin gives me access to the most casinos without having to compromise and adopt a coin only for my gambling purposes.
It depends on your desired taste if you want to gamble using bitcoin then I think many have done it even with high capital, but for me converting bitcoin to altcoin does not require high fees you can exchange on the exchange with altcoin that supports in gambling like the example Trx and doge which is widely used for gambling.
But still bitcoin will be the first coin to receive in any gambling.

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asu
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July 22, 2020, 06:28:44 PM
 #155

cryptocurrency for gambling capital is an alternative coin that has a low price such as Tron, XLM, XRP, and many others. I prefer to use altcoin which has a low price value because it is not too risky if I have to lose or lose when gambling, because when using bitcoin and I experience defeat the amount of loss will increase and the risk is very high.

It's will always be the same value no matter you win or loss using altcoins to gamble. There is just slightly difference in the value, but it would be just so small.

You basically don't know what your talking about.

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July 23, 2020, 02:25:29 AM
 #156

I especially like dogecoin because of its low fee value and faster transaction times.
It's also good if you like big round bets. Betting a dollar with BTC is around 0.0001 BTC, but with DOGE you can bet 350 coins for a dollar. Which is also useful if you like a strategy that starts with smaller bets.

I wish more crypto gambling platforms would allow deposits in a currency that was easier to transact. Because especially at times of a surge, prices can cause fees to go up substantially and therefore act as a counter incentive in making small deposits.

Dogecoin truly rocks for gambling and even sending tips at social network sites like Reddit and Twitter. It's a very inexpensive cryptocurrency that allows anyone to gamble for less than a penny (unlike traditional cryptocurrencies like Bitcoin or Ethereum). I think this is DOGE's main selling point. It's no wonder why most gambling platforms have accepted Dogecoin as payment method. Ethereum may have a wide-variety of decentralized gambling apps, but its high fees and slow transaction throughput makes it inconvenient for such use case scenario. Maybe after ETH scales, it'll become an extremely attractive cryptocurrency for gambling? As long as it continues to delay network performance upgrades, alternatives like DOGE, TRX, and EOS will remain as the top cryptocurrencies of choice for gambling.

I'm sure that many people will choose DOGE to be their favorite crypto of choice for gambling because of the many benefits it provides relative to other cryptocurrencies on the market. For once, Bitcoin used to be one of my most favorite cryptocurrencies for gambling. But after experiencing huge fees and very slow transaction confirmation times, I've changed my mind. DOGE, TRX, and EOS will continue to be my favorite cryptocurrencies for gambling due to their inexpensive nature. In EOS, transactions are even free, making gambling extremely practical in the decentralized Blockchain space. Cryptocurrencies with very low fees and quick transfer speeds will surely gain the attention from serious gamblers in the mainstream world. Just my opinion Smiley

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July 23, 2020, 03:57:03 AM
 #157

On Dapp you can save yourself a fee if you are using a Tron gambling Dapp by freezing a portion of your coins, done it when I was active in their Dapps dice I can deposit with zero fee by freezing a portion of my Tron the cons is freezing takes 72 hours or even longer, this is the big attraction of Tron Dapps but I still prefer coins with a lot of coins as an option.

Interesting. I talked mostly about Ethereum. But again, with Tron there another problems: his price is more volatile, so you risky a bit much than with Bitcoin or even Ethereum. Also blockchain is weaker. And yeah, after freezing you will not be able to withdraw it, so to play for a big amounts of money is risky.

As you see, some pros and some cons.
Compare to bitcoin and ethereum, tron price is not too high even if the tron price is too volatile than bitcoin or ethereum. That is because Tron follows with the bitcoin price so that the price might have changed many times. I never try to use Tron for playing gambling, and I am not yet trying with the Tron gambling Dapp too. The important thing here is that we must remember limiting the funds to playing gambling, no matter if we use bitcoin, ethereum, litecoin, dogecoin, or even tron.

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July 24, 2020, 07:54:48 AM
 #158

The most of the gambling games are accepted the Bitcoin and Ethereum. At the same time few gambling sites are supported the other altcoins.so I mainly concentrate Bitcoin and Ethereum. But Bitcoin is a user friendly and more convenient to transact all the places so I mainly concentrate the Bitcoin. In crypto platform transaction fees is main role to play all the gambling sites so Etherum also good supporting to me. I think currently number of of gambling sites are available in the market, so myself I always recommend to BTC and ETH.
Yeah, most gambling sites offer bitcoin or ethereum so I think it's more convenient using the two since they are mostly available with crypto casinos.

I just gamble occasionally (only when I feel bored), but when I do, I just use and stick with bitcoin. I was already used to using BTC whenever I gamble since that's what I mostly have regardless of the fees. Others like using other coins because of cheaper fees, but since I don't gamble that much, I'm fine with it.
Exactly most of the peoples are moving to other altcoins site, because number of casino sites are available in the market. But major casino sites are still moving forward and they accept the Bitcoin and ethereum. So fees doesn't a matter for gamblers at the same time they just need the trusted casino sites. The current covid 19 was affected many peoples so many are peoples not much active in gambling.

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July 24, 2020, 09:33:04 AM
 #159

The most of the gambling games are accepted the Bitcoin and Ethereum. At the same time few gambling sites are supported the other altcoins.so I mainly concentrate Bitcoin and Ethereum. But Bitcoin is a user friendly and more convenient to transact all the places so I mainly concentrate the Bitcoin. In crypto platform transaction fees is main role to play all the gambling sites so Etherum also good supporting to me. I think currently number of of gambling sites are available in the market, so myself I always recommend to BTC and ETH.

I don't think it makes sense to use Bitcoin in gambling games. Both very slow and expensive transfers. Transfer fees can take most of your profits. Using ETH is a cheaper choice. But the ETH network can sometimes become clogged. It can be a big problem at times when you need to do fast.
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July 24, 2020, 09:57:05 AM
 #160

If the game itself does not take place on the blockchain, then of course the ETH, it is liquid, fast enougth and reliable. If the game takes place on the blockchain, then something faster is needed (this is theoretical reasoning, I do not play such games), something like EOS.

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