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Author Topic: What's your favorite crypto for gambling?  (Read 1866 times)
jademaxsuy
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July 29, 2020, 02:34:38 AM
 #201

For off-chain gambling, any cryptocurrency works wonders. The real issue lies on Blockchain-based gambling (on-chain) as gamblers are presented with challenges such as high fees and slow transaction confirmation times. Until ETH addresses scalability issues, most gamblers will choose EOS or TRON as their preferred Blockchain network of choice for decentralized gambling. Low fees and blazing-fast transactions is what makes gambling practical on the Blockchain. It's no wonder why many people have been quite fond of cryptocurrencies like DOGE, EOS, and TRON for day-to-day gambling. A cryptocurrency with high scalability, makes profiting from gambling practical.
This is the information what most needed to those who like to start gambling online. Yes, off chain bets were really useful if that online gambling platform is reliable. It should be that gambling platform can accomodate an exchange of deposits to their token when betting. However most of the gambling platform are using blockchain so I guess chosing the right crytpo is already a strategy to earn rewards with low fees. I think there are more blockchain network relatively faster like eos and doge.
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July 29, 2020, 02:55:52 AM
 #202

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

Am I the only one with XRP being the favorite cryptocurrency as for gambling and of course for transactions? Cheesy Though it was centralized, I see it as an opportunity that my holdings wouldn't fluctuate too much and the transaction fees wouldn't cost even a single dollar. Many would see this funny nor a bad habit, but for me it was worth it and gambling would still be the same even if you use other cryptocurrencies. Another advantage that XRP has (for me) is that it was fast whenever I withdraw and deposit with it.
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July 29, 2020, 03:13:59 AM
 #203

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

Am I the only one with XRP being the favorite cryptocurrency as for gambling and of course for transactions? Cheesy Though it was centralized, I see it as an opportunity that my holdings wouldn't fluctuate too much and the transaction fees wouldn't cost even a single dollar. Many would see this funny nor a bad habit, but for me it was worth it and gambling would still be the same even if you use other cryptocurrencies. Another advantage that XRP has (for me) is that it was fast whenever I withdraw and deposit with it.
I'm used to play in online casinos using bitcoin it is my favorite crypto for gambling and it is the reason why I keep using it till now. I heard a lot of gamblers that using altcoins like XRP, ETH and LTC are moregood to use in depositing or using to play in different gambling games because of its characteristics and also the fees that are much lower than bitcoin but for me even though the fees of bitcoin is too high, I still prefer it because I'm used to it. I will just use any other crypro if a certain gambling site only accept altcoin in order to play but this kind of websites are only few because majority of online casinos are accepting BTC.
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July 29, 2020, 04:04:11 AM
 #204

When we do talk about  transaction cost  and confirmation then i would say that LTC and Dash is much a better option rather than with ETH but well its a just a  matter of preference yet it depends on what coins youve been holding.

In my part then i do like to play with Doge yet it has much more lower value and you can make bets and can make your game even more longer due to that.

BTC is mostly been preferred by anybody due to its value which i cant really blame off people on that.

Is LTC more faster and cheaper than ETH? Ethereum's block time is ~20 seconds and Litcoin is 2,5 minutes.. Even if the casino requires 10 ETH confirmations, ETH should be faster.. Or am I missing something?

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July 29, 2020, 07:31:41 AM
 #205

When we do talk about  transaction cost  and confirmation then i would say that LTC and Dash is much a better option rather than with ETH but well its a just a  matter of preference yet it depends on what coins youve been holding.

In my part then i do like to play with Doge yet it has much more lower value and you can make bets and can make your game even more longer due to that.

BTC is mostly been preferred by anybody due to its value which i cant really blame off people on that.

Is LTC more faster and cheaper than ETH? Ethereum's block time is ~20 seconds and Litcoin is 2,5 minutes.. Even if the casino requires 10 ETH confirmations, ETH should be faster.. Or am I missing something?
Both litecoin and ethereum have a fast confirmation of the transaction, and I see that many of us choose litecoin and ethereum to gamble. But many of the gamblers also use bitcoin and select bitcoin as the main coin to gamble.
Well, the transaction of ethereum is not too long to arrive in the destination wallet, but I wonder how many people who will use ethereum in a large amount to play gambling since the market is rise today.
Unfortunately, in some exchanges, the fee of the doge is not cheap, but with the low price of dogecoin, that would not be a problem for people to send dogecoin to playing gambling.
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July 29, 2020, 09:28:08 AM
 #206

I was thinking like you after the tweets from Elon Smiley
The giveaway rains and spending in more digits make the DOGE valuable for gambling platforms but Tron slowly replaces it, IMHO. LTC is still my best preference because of the cheap transaction fees and fewer digits. At least, I don't use a calculator after winning big amounts in slots if you got what I mean.
I don't have an idea that Tron is replacing it. But just to be sure, DOGE will never get old. The meme coin will always be the top altcoins that will be preferred by most gamblers.
No need to look at calculators if you are gambling like that, I know what you mean so you won't be disappointed with the amounts you are winning.

TRON replaces it? I dont think so and you are right that DOGE never gets old even though this had known to be a meme coin but when it comes to gambling then this coin does really fit out.

We know that its total supply and its price will really be the best thing to be used specially on gambling.You can enjoy out on gaming with having bigger or wider duration of gameplay which
other coins can give out, since its cheap then you can enjoy most of it.

Ive been using this coin for a while which is alternative into my BTC deposit.
It's not me that said about Tron but it's Stephen.  Tongue
The cheaper the price of Dogecoin, it's easier for anyone to even lose it. There will be no emotional feeling if someone loses his dogecoin as he gamble. It's quick, cheap and you don't have the feel of regretting it if you lose it due to bad luck.



 

 

 

 

 

 


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July 29, 2020, 11:46:59 AM
 #207

I once played on Tron based games and I like it when the transfer is very cheap and instant these Crypto based gambling and gaming will be the biggest competition of online Crypto gambling for their easiness of use, it's up to online gamblers where they are comfortable to play.

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July 29, 2020, 01:38:42 PM
 #208

I mainly used doge, bitcoin, and litecoin when gambling on different casinos and even on exchanges.
I also gamble some of IEOs/ICOs that are paired with doge on an exchange.
I use them as a practice to make a good strategy based from the winning rate that I got.

My favorite crypto to gamble is dogecoin.

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July 29, 2020, 01:44:59 PM
 #209

I mainly used doge, bitcoin, and litecoin when gambling on different casinos and even on exchanges.
I also gamble some of IEOs/ICOs that are paired with doge on an exchange.
I use them to make a good strategy based from the winning rate that I got.

My favorite crypto to gamble is dogecoin.
Yes, I also like dogecoin. There are too many options to do with this lovely coin and you can easily split it into much smaller parts. Therefore, if you are a gambling-addicted, this will help you a lot to avoid losing a huge amount of budget in a small time.

At the moment, most of the crypto casinos accept doge so that it is not very hard to find a suitable place for you to sit down and enjoy the games

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July 29, 2020, 01:48:16 PM
 #210

I once played on Tron based games and I like it when the transfer is very cheap and instant these Crypto based gambling and gaming will be the biggest competition of online Crypto gambling for their easiness of use, it's up to online gamblers where they are comfortable to play.
I still haven't gambled with Tron and before, I don't see people prefer this coin as the marketing for the coin is annoying. But with the slow upgrades and marketing that it does, there are tron-based casinos that you can gamble with it as they're only accepting tron.
And their main feature is encouraging their players to stake and receive tron dividends.

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July 29, 2020, 03:24:20 PM
 #211

My favorite Cryptocurrency for Gambling is : Bitcoins

Reasons for the choice :

1. More diversity
2. Can choose from a variety of sites
3. Most online crypto casinos actually have Bitcoins 110%
4. Sending and receiving fee is actually very high and therefore sometimes I just make sure the deposit is good enough for a couple of weeks
5. You even get huge bonuses when it comes to crypto related casinos especially ones dependent on Bitcoins
6. I don't like exchanging btc- other cryptocurrencies every now and then at the end of the day you have to pay a considerable fee for every step.

Bitcoin = 90% of sites if not more. In fact, if the site does NOT use Bitcoin, then I am actually even more wary of it, for sure! Because in my mind, why would a site not have Bitcoin if it deals with crypto, unless it is a specific altwhale who wants to use the casino as a get rick quick scheme?

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July 29, 2020, 04:49:33 PM
 #212

I cannot understand why more casinos are not accepting Monero and Dash, it's privacy feature is awesome and Crypto enthusiasts crave for more anonymity, so this will be the best fit for those gamblers.  Roll Eyes  The upgraded consensus protocol and instant-by-default transactions (ChainLocks) additions in the future, will make it a deal breaker.  Huh

The largest exchange (Coinbase) feature Dash (DASH).. so it might become more mainstream in the future. There are faster tx speeds than Bitcoin (BTC) out there, but hash power and security is everything.  Wink
Most likely even if more casinos accepted Monero and Dash they will have to force you to go through know your customer policies defeating the purpose of using such cryptocurrencies, while I do not use alts those two are some of my favourite altcoins in the market but since exchanges and casinos stay away from them due to their strong privacy features then I have preferred to stay away from them for the time being.
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July 29, 2020, 11:45:52 PM
 #213


Bitcoin = 90% of sites if not more. In fact, if the site does NOT use Bitcoin, then I am actually even more wary of it, for sure! Because in my mind, why would a site not have Bitcoin if it deals with crypto, unless it is a specific altwhale who wants to use the casino as a get rick quick scheme?

Some cryptocurrencies are quite difficult to link to the bitcoin blockchain. Therefore, online casinos most often use EOS and Tron blockchains. It seems to me that the most important thing here is not the cryptocurrency, but the reputation of the site and its owners.
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July 30, 2020, 12:02:23 AM
 #214


Bitcoin = 90% of sites if not more. In fact, if the site does NOT use Bitcoin, then I am actually even more wary of it, for sure! Because in my mind, why would a site not have Bitcoin if it deals with crypto, unless it is a specific altwhale who wants to use the casino as a get rick quick scheme?

Some cryptocurrencies are quite difficult to link to the bitcoin blockchain. Therefore, online casinos most often use EOS and Tron blockchains. It seems to me that the most important thing here is not the cryptocurrency, but the reputation of the site and its owners.
At least I would say the solutions for linking cryptos are not very convenient. You need both blockchains and building on protocols that have not been proven yet. It's complicated and hard to use for the end user. Unless some interface or easier to access method is build then these solutions will remain more experimental.

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July 30, 2020, 02:50:15 AM
 #215

I mainly used doge, bitcoin, and litecoin when gambling on different casinos and even on exchanges.
I also gamble some of IEOs/ICOs that are paired with doge on an exchange.
I use them as a practice to make a good strategy based from the winning rate that I got.

My favorite crypto to gamble is dogecoin.
Me too, I play using TRON, because that is what I am having right now, but if there will some gambling site that I can use my XRP, then I think it will be more good, since I am holding more XRP than TRON, also I use tron in my dlive account, I am betting to that site as well, but it is not yet well known site I think, I don't want to bet using bitcoin because for me, if I lose, I am losing so many money.

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July 30, 2020, 04:00:18 AM
 #216

Is that still being asked? Just a joke. Of course, Bitcoin is my favorite because I know it is the most used in the crypto gambling platform and you will earn a lot of profit when you win and you are lucky. And since only BTC is used in FBC, when I have collected enough satoshis as multiplier capital, I play it whether I lose or win.
I am currently playing at WolfBet, I immediately liked their opening XRP as a starting point in gambling betting. And I also know it is one of the cheapest coins and fast transactions.

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