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[Rruchi man]

This feature is indeed good because you can earn passively with your bankroll when you are already done with gambling.

People tend to forget that BetFury is more than just a gambling platform like some other casinos that offer only gambling services. Even non-gamblers and gamblers who are deciding to give themselves a break still have something to gain from being on the platform.

[philipma1957]

Although not every gamblers really have a capabilities to hold long maybe due to their financial capabilities. But it would be good if they could able to hold at least half a bitcoin came from their winnings to hold so that they have some funds stake for future used especially that Bitcoin has lot of potential to grow on those figures mentioned.

Heh. You and I understand this because we are on a Bitcoin forum, a place where everyone is reminded dozens of times every day about the value of Bitcoin. But you are talking about a prize of 1 Bitcoin, and if possible, it will first go to the player. Players, those true fans of gambling, are first and foremost players at heart and then investors. It is good if the player’s mind understands that in addition to profits from the game, people can make a good profit from holding Bitcoin; in a sense, this is an extension of the victory.

Well, it depends. If the prize is won by a whale, he'll bet it like it's nothing, because he's used to betting amounts that we could live on for years. If it goes to a medium or low stakes customer, hopefully it won't go to a compulsive gambler, but to someone who, as you say, understands and decides to keep at least part of that bitcoin as a long-term investment, and then spend or gamble with the other part.

Assuming it is a legit pure chance game. It will very likely go to a complusive gambler that will simply lose it back in under a few months.

Basically the people playing the most often are compulsive players so they will do the most spins and are most likely to win it.

I still think give 1000 Doge or 500 USDT as prizes and no bet back restrictions can be done more often  which will attract more people than giving the 1 BTC once every 2 or 3 years.

1000 doge prize every day is around 62,000 usd in a year 500 usdt a month is around 6,000 usd a year.

about 68,000 usd in giveaways for the year.

no strings attached to the prizes.

a btc is about 107,000 so they could give the smaller prizes for 550 days before it is a btc.

You will have way more interest because the prizes are easier to win and no strings attached. If you do win one.

[Zwei]

I still think give 1000 Doge or 500 USDT as prizes and no bet back restrictions can be done more often  which will attract more people than giving the 1 BTC once every 2 or 3 years.

1000 doge prize every day is around 62,000 usd in a year 500 usdt a month is around 6,000 usd a year.

about 68,000 usd in giveaways for the year.

no strings attached to the prizes.

a btc is about 107,000 so they could give the smaller prizes for 550 days before it is a btc.

and who knows how much 1 btc will be worth by then.
right now it's $107k, but the price could double, triple, or even quadruple. (the moon is the limit really)

if someone does win the 1 btc in a year or so, it's going to cost them a lot more compared to when they added this.

[Unsoldier]

Although not every gamblers really have a capabilities to hold long maybe due to their financial capabilities. But it would be good if they could able to hold at least half a bitcoin came from their winnings to hold so that they have some funds stake for future used especially that Bitcoin has lot of potential to grow on those figures mentioned.

Heh. You and I understand this because we are on a Bitcoin forum, a place where everyone is reminded dozens of times every day about the value of Bitcoin. But you are talking about a prize of 1 Bitcoin, and if possible, it will first go to the player. Players, those true fans of gambling, are first and foremost players at heart and then investors. It is good if the player’s mind understands that in addition to profits from the game, people can make a good profit from holding Bitcoin; in a sense, this is an extension of the victory.

Let me understand this clearly, are you guys saying it's also possible to make money from Betfury casino by simply holding bitcoin in our account on the site?

If the answer to the above is yes, then how amazing, I didn't know about this before or is this a new development/idea the management of the casino came up with?

It's a good developemrnt even though I myself may not be interested if the above is really correct, due to personal experiences I've had with centralized staking, I can't forget 2023 when I staked $440 usdt on Bkex exchange for only 30 days, by the 15th day, the exchange claimed to he having issues with the chinese government and like a joke, that was how they went offline and never came back, no user was compensated..
I will always prefer to hold my bitcoin in my personal private wallet, what ever amount of interest i will earn while holding the coins on a centralized platform isn't worth the risk.

I kept a small amount of Bitcoin on Betfury and earned some decent rewards — their staking rate is quite attractive. It’s a nice way to get passive income if you're already using the platform. However, I strongly recommend not keeping large amounts there. Centralized platforms always carry risks, and your funds are not fully under your control. Use it wisely, and always store the majority of your crypto in your own private wallet to stay safe.

[philipma1957]

Although not every gamblers really have a capabilities to hold long maybe due to their financial capabilities. But it would be good if they could able to hold at least half a bitcoin came from their winnings to hold so that they have some funds stake for future used especially that Bitcoin has lot of potential to grow on those figures mentioned.

Heh. You and I understand this because we are on a Bitcoin forum, a place where everyone is reminded dozens of times every day about the value of Bitcoin. But you are talking about a prize of 1 Bitcoin, and if possible, it will first go to the player. Players, those true fans of gambling, are first and foremost players at heart and then investors. It is good if the player’s mind understands that in addition to profits from the game, people can make a good profit from holding Bitcoin; in a sense, this is an extension of the victory.

Let me understand this clearly, are you guys saying it's also possible to make money from Betfury casino by simply holding bitcoin in our account on the site?

If the answer to the above is yes, then how amazing, I didn't know about this before or is this a new development/idea the management of the casino came up with?

It's a good developemrnt even though I myself may not be interested if the above is really correct, due to personal experiences I've had with centralized staking, I can't forget 2023 when I staked $440 usdt on Bkex exchange for only 30 days, by the 15th day, the exchange claimed to he having issues with the chinese government and like a joke, that was how they went offline and never came back, no user was compensated..
I will always prefer to hold my bitcoin in my personal private wallet, what ever amount of interest i will earn while holding the coins on a centralized platform isn't worth the risk.

I kept a small amount of Bitcoin on Betfury and earned some decent rewards — their staking rate is quite attractive. It’s a nice way to get passive income if you're already using the platform. However, I strongly recommend not keeping large amounts there. Centralized platforms always carry risks, and your funds are not fully under your control. Use it wisely, and always store the majority of your crypto in your own private wallet to stay safe.

The amount you keep on a Casino or an exchange  can be a few million if you are worth hundreds of millions.

the percentage of you wealth is what matters.

So if I have 1 btc worth 108k

I should have 3 safe wallets with .3 btc on  each them
 and          .02 btc on a casino
and           .04 btc in  exchange A
along with .04 btc in exchange B

[Don Pedro Dinero]

The amount you keep on a Casino or an exchange  can be a few million if you are worth hundreds of millions.

the percentage of you wealth is what matters.

So if I have 1 btc worth 108k

I should have 3 safe wallets with .3 btc on  each them
and   or  .02 btc on a casino
and           .04 btc in  exchange A
along with .04 btc in exchange B

Did you mean 'or'? Otherwise the numbers don't add up. That is, option 1, 0.333 btc in each of the 3 wallets. Option 2, 0.2 btc in casino and 0.4 in exchange A and another 0.4 in exchange B. But yes, I agree that it is a question of ratios depending on your wealth.

[AHOYBRAUSE]

Why keeping money at an exchange or casino? I don't get it. At both sites you don't have immediate access to your funds since you don't control the wallet -> way too risky. Casinos can always come up with some story to not pay you ( and you have to make a rollover, at least 1x) or even worse they shut down. Same for exchanges. Also, both can be hacked and your funds are gone.

If you want to play it safe, store your funds at a non-custodial (cold) wallet, or better, several. Everything else is just playing around with your financial future.
Keeping your money at a casino for safe keeping must be the worst advise I have seen in this forum.

[Pmalek]

and who knows how much 1 btc will be worth by then.
right now it's $107k, but the price could double, triple, or even quadruple. (the moon is the limit really)

if someone does win the 1 btc in a year or so, it's going to cost them a lot more compared to when they added this.

Th reward structure could change by then. As bitcoin's value increases, each sat will be worth more and you will use less and less units if you are thinking and betting in fiat terms. Then it can be expected that the 1 BTC reward gets cut, maybe even in half.

Why keeping money at an exchange or casino? I don't get it. At both sites you don't have immediate access to your funds since you don't control the wallet -> way too risky.

True, but if you are a regular player who gambles every day, you want the money you play with to be in your casino account and not on a cold wallet that you have to access, sign and broadcast transactions, and then wait for everything to confirm on chain before you can start betting. The same goes for exchanges and trading regularly. By the time the crypto is in your account, that trade that seemed so attractive a while ago might have lost some of its charm.

[dwyane36]

I kept a small amount of Bitcoin on Betfury and earned some decent rewards — their staking rate is quite attractive. It’s a nice way to get passive income if you're already using the platform. However, I strongly recommend not keeping large amounts there. Centralized platforms always carry risks, and your funds are not fully under your control. Use it wisely, and always store the majority of your crypto in your own private wallet to stay safe.

As for Betfury, they have a pretty reliable platform, even for long-term staking. Personally, I don't ever remember BFG holders having any unpleasant surprises during the whole Betfury existence.
Nevertheless, you are right that holding large funds on any centralized platform is not a good idea. Only that which you wouldn't be sorry to lose.

[kojektea]

I kept a small amount of Bitcoin on Betfury and earned some decent rewards — their staking rate is quite attractive. It’s a nice way to get passive income if you're already using the platform. However, I strongly recommend not keeping large amounts there. Centralized platforms always carry risks, and your funds are not fully under your control. Use it wisely, and always store the majority of your crypto in your own private wallet to stay safe.

As for Betfury, they have a pretty reliable platform, even for long-term staking. Personally, I don't ever remember BFG holders having any unpleasant surprises during the whole Betfury existence.
Nevertheless, you are right that holding large funds on any centralized platform is not a good idea. Only that which you wouldn't be sorry to lose.

Agreed, even though I have almost never had any issues with betfury I will still never put more money on a centralized platform, I understand the risks, but we can have fun with betfury and occasionally enjoy the bonus results, games, staking rewards

[gunhell16]

Heh. You and I understand this because we are on a Bitcoin forum, a place where everyone is reminded dozens of times every day about the value of Bitcoin. But you are talking about a prize of 1 Bitcoin, and if possible, it will first go to the player. Players, those true fans of gambling, are first and foremost players at heart and then investors. It is good if the player’s mind understands that in addition to profits from the game, people can make a good profit from holding Bitcoin; in a sense, this is an extension of the victory.

I don't know if I understood you very well but it seems that you are replying to a post about staking Bitcoin.
The function is different and dedicated mainly to the other cryptocurrencies and it is not the goal of the plateforme to see people holding Bitcoin there and waiting for it to see their rewards increase.
Any plateforme that is holding major cryptocurrencies including Bitcoin are at risk of being attacked and hacked.
BetFury offers the stake option but after all its main goal is to be a casino.

There's nothing wrong with other gamblers here at betfury holding their bitcoins using the betfury platform using its stake features on their website, right?
I don't see any problem with this.

At least if other users do this, there's still a chance that even if it's placed in stakes and when they see that they have a profit,
they can still use it so they can still play games through the betfury platform, right?

[philipma1957]

The amount you keep on a Casino or an exchange  can be a few million if you are worth hundreds of millions.

the percentage of you wealth is what matters.

So if I have 1 btc worth 108k

I should have 3 safe wallets with .3 btc on  each them
and  or  .02 btc on a casino
and           .04 btc in  exchange A
along with .04 btc in exchange B

Did you mean 'or'? Otherwise the numbers don't add up. That is, option 1, 0.333 btc in each of the 3 wallets. Option 2, 0.2 btc in casino and 0.4 in exchange A and another 0.4 in exchange B. But yes, I agree that it is a question of ratios depending on your wealth.

.3+.3+.3 =0.9 three safe in your home wallets.

0.02+0.04+0.04=0.1 two exchanges and one casino

0.9 safe wallets
+0.1 exchanges and casinos
total = 1

1.0
BTC.

90% perfectly safe
10% fuck around


so if I have 1 btc or 1000 btc

the vast majority is perfectly safe.

DOING THE 90 % 10  % rule of thumb

although if I had 1000 coins

i would likely do 320 coins in three wallets for 960 super safe

and 40 coins in exchanges and casinos as 40 coins is more than enough liquidity for me.

[Eternad]

I kept a small amount of Bitcoin on Betfury and earned some decent rewards — their staking rate is quite attractive. It’s a nice way to get passive income if you're already using the platform. However, I strongly recommend not keeping large amounts there. Centralized platforms always carry risks, and your funds are not fully under your control. Use it wisely, and always store the majority of your crypto in your own private wallet to stay safe.

As for Betfury, they have a pretty reliable platform, even for long-term staking. Personally, I don't ever remember BFG holders having any unpleasant surprises during the whole Betfury existence.
Nevertheless, you are right that holding large funds on any centralized platform is not a good idea. Only that which you wouldn't be sorry to lose.

Agreed, even though I have almost never had any issues with betfury I will still never put more money on a centralized platform, I understand the risks, but we can have fun with betfury and occasionally enjoy the bonus results, games, staking rewards

Same with centralized exchanges or CEX, not your keys, not your coins. While betfury's bitcoin staking rate is really attractive, keeping a large amount of it on their platform is very risky. If they have weak security and hackers get into their system, the bitcoins staked by their users can be stolen.

It's better to just deposit an amount that we will use to gamble than stake most of our bitcoin to maximize the staking reward to use it as a bankroll afterwards. Hackers can really target their website if they see it holds plenty amount of bitcoin from their users.

[Taskford]

I don't know if I understood you very well but it seems that you are replying to a post about staking Bitcoin.
The function is different and dedicated mainly to the other cryptocurrencies and it is not the goal of the plateforme to see people holding Bitcoin there and waiting for it to see their rewards increase.
Any plateforme that is holding major cryptocurrencies including Bitcoin are at risk of being attacked and hacked.
BetFury offers the stake option but after all its main goal is to be a casino.

There's nothing wrong with other gamblers here at betfury holding their bitcoins using the betfury platform using its stake features on their website, right?
I don't see any problem with this.

At least if other users do this, there's still a chance that even if it's placed in stakes and when they see that they have a profit,
they can still use it so they can still play games through the betfury platform, right?

There's really no problem with it especially if their intention is to invest it and the funds they use is which they can afford to let go.

If it happens that what they are thinking to leave it and making this platform as their wallet maybe they might get a problem with it especially they might get tempted to use it for gambling. So deal with funds those they can afford to lose so that they won't encounter any issue if they decide to stake or either want to use their funds to gamble in Betfury. Also more details from here https://betfury.io/crypto-staking if they are interested to stake their Bitcoin or other crypto in Betfury.

[USBitcoinServices.Com]

This Betfury platform is something unique, on one hand it uses bitcoin and cryptos for rewarding, and on the other hand it is always a good thing to have when project is expanding decentralization, rather via games, or any other category, the more people pushing for blockchain use the better.

[hd49728]

This Betfury platform is something unique, on one hand it uses bitcoin and cryptos for rewarding, and on the other hand it is always a good thing to have when project is expanding decentralization, rather via games, or any other category, the more people pushing for blockchain use the better.

The adoption on Bitcoin and cryptocurrency in 2025 is very good and bigger than past several years ago. Nowadays online gambling sites are very likely spent their development and product built resources for adding blockchains and cryptocurrencies to their sites. It makes their sites more attractive with users and so helps their sites more competitive with competitors in online gambling industry.

Betfurry is not a late comers and they have been in this industry for several years and with time, they built up more products and expand their business more.

[dwyane36]

This Betfury platform is something unique, on one hand it uses bitcoin and cryptos for rewarding, and on the other hand it is always a good thing to have when project is expanding decentralization, rather via games, or any other category, the more people pushing for blockchain use the better.

Yes, as previously stated, Betfury is a unique platform in some aspects, but it still has a long way to go before it can be considered decentralized in any form. Although Betfury has its own token and even once had a BFG farming, it still remains a centralized gambling platform, carrying the same inherent risks as any other of its kind.

[AbuBhakar]

This feature is indeed good because you can earn passively with your bankroll when you are already done with gambling.

People tend to forget that BetFury is more than just a gambling platform like some other casinos that offer only gambling services. Even non-gamblers and gamblers who are deciding to give themselves a break still have something to gain from being on the platform.

Betfury was already categorized as Casino DeFi if I’m not mistaken long time ago. Betfury is popular on casino that’s why people doesn’t visit often the DeFi page since some user preferred gambling as main goal why they visit Betfury.

Betfury APY offer a good interest which is much better on some DeFi platform that focus on finance.

This casino is a low key solid DeFi.

[notocactus]

Betfury was already categorized as Casino DeFi if I’m not mistaken long time ago. Betfury is popular on casino that’s why people doesn’t visit often the DeFi page since some user preferred gambling as main goal why they visit Betfury.

Betfury APY offer a good interest which is much better on some DeFi platform that focus on finance.

This casino is a low key solid DeFi.

Basically, you must be very careful with high APY that contains high risk in long term. There is risk of Impermant Loss and you can use Impernant Loss Calculator if you want to explore more.

Anything, if you can stake and get staking reward even with high APY, is risky. You get more tokens from high APY but whether the token price can help you getting profit eventually is more important. It's painful to say that most high APY staking tokens don't end with profit for many investors and stakers. It's consequence of Impermanent Loss as mentioned.

[Z_MBFM]

Betfury was already categorized as Casino DeFi if I’m not mistaken long time ago. Betfury is popular on casino that’s why people doesn’t visit often the DeFi page since some user preferred gambling as main goal why they visit Betfury.

Betfury APY offer a good interest which is much better on some DeFi platform that focus on finance.

This casino is a low key solid DeFi.

Basically, you must be very careful with high APY that contains high risk in long term. There is risk of Impermant Loss and you can use Impernant Loss Calculator if you want to explore more.

Anything, if you can stake and get staking reward even with high APY, is risky. You get more tokens from high APY but whether the token price can help you getting profit eventually is more important. It's painful to say that most high APY staking tokens don't end with profit for many investors and stakers. It's consequence of Impermanent Loss as mentioned.

When a platform offers high APY, the tokens of that platform are distributed in large quantities as APY rewards, which increases the selling pressure of that coin in the market to a considerable extent. And then the price of that coin starts falling. So even though there is a high APY at that time, on average, there is a loss instead of profit due to the decrease in value from your own capital. So you cannot jump there just by seeing a high APY. But on various trusted platforms, you can staking stable coins at low APY, or those stable coins such as USDT are rewarded, but there is never a high APY there.

Betfury has been offering their staking facility for a long time. Ever since the platform was promoted on this forum, they have been offering their token staking facility at high APY. However, I have not seen any legal evidence of how much profit anyone has made from it.