Cryptocurrency Online Casinos

[hodlingnews]

Wondering what you guys think about cryptocurrency casinos operating via the blockchain?

I know gambling is one of those topics some want to avoid, however as crypto is so volatile is anyone getting into it somehow gambling already?
Most cryptocurrency casinos are claiming to be running on the Provably Fair system, seeds are confirmed by you, unlike standard casinos which are confirmed in the back end and can therefore be rigged!

Other Casinos such as trustdice are offering free TXT tokens each time you play, others are now accepting debit and credit card payments to buy tokens directly without the need to head to coinbase, register, deposit, and send etc

What are your thoughts around this?

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[HeRetiK]

Most cryptocurrency casinos are claiming to be running on the Provably Fair system, seeds are confirmed by you, unlike standard casinos which are confirmed in the back end and can therefore be rigged!

Standard casinos don't provide any insights on their holds and payouts, so there's not even a need to rig the system. Accordingly they get away with much lower payouts then crypto casinos since people don't know what to expect in terms of winnings anyway.

Overall I regard the transparency introduced to gambling by provable fair crypto casinos as a net benefit. Unfortunately it doesn't seem like the concept will see usage outside of crypto circles any time soon, even though provable fair gambling doesn't even depend on cryptocurrencies.

Running crypto casino games directly on a blockchain seems more like a gimmick though.

[jackg]

Running crypto casino games directly on a blockchain seems more like a gimmick though.

I think some use bitcoins blockchain to determine a winner (or other cryptocurrency chains) - not as in the whole site is on a chain. But that might make for an interesting erc20 contract.


And yeah getting a hashed token, house edge information and a way to confirm how much the casino makes in some cases (ie investing a small amount) is quite a nice bit of detail regular online casinos still don't have (outside of live games). It'd cost them very little to implement such a system too so I don't know why they don't start making it a selling point somewhere.

[Amel]

Wondering what you guys think about cryptocurrency casinos operating via the blockchain?

I know gambling is one of those topics some want to avoid, however as crypto is so volatile is anyone getting into it somehow gambling already?
Most cryptocurrency casinos are claiming to be running on the Provably Fair system, seeds are confirmed by you, unlike standard casinos which are confirmed in the back end and can therefore be rigged!

Other Casinos such as trustdice are offering free TXT tokens each time you play, others are now accepting debit and credit card payments to buy tokens directly without the need to head to coinbase, register, deposit, and send etc

What are your thoughts around this?

I respect the straightforwardness acquainted with betting by provable reasonable crypto gambling clubs as a net advantage. Lamentably it doesn't seem like the idea will see use outside of crypto circles any time soon, despite the fact that provable reasonable betting doesn't rely upon cryptographic forms of money. Truly, an enormous number of online club have begun tolerating digital currency for stores and withdrawals, despite the fact that not every one of them are open to UK players. Likewise they pull off a lot of lower payouts then crypto gambling clubs since individuals don't have the foggiest idea what's in store as far as rewards at any rate.

[HeRetiK]

And yeah getting a hashed token, house edge information and a way to confirm how much the casino makes in some cases (ie investing a small amount) is quite a nice bit of detail regular online casinos still don't have (outside of live games). It'd cost them very little to implement such a system too so I don't know why they don't start making it a selling point somewhere.

I think there's multiple reasons for that:

1) Don't underestimate the cost of retrofitting a provable fair system onto existing legacy systems.

2) By being opaque classical casinos can take a much bigger cut than provable fair casinos.

3) The majority of old school gamblers simply aren't aware of this technical possibility and probably wouldn't even care enough.


Accordingly there's no incentive for a classical casino to (1) pay a lot of money for a feature that (2) cuts into their profit for (3) a feature players are not (yet?) asking for.

[webtricks]

Running crypto casino games directly on a blockchain seems more like a gimmick though.

I think some use bitcoins blockchain to determine a winner (or other cryptocurrency chains) - not as in the whole site is on a chain. But that might make for an interesting erc20 contract.

ETH chain has already crossed the viability zone for gambling contract. No one wanna use a platform which charges $2-5 for every bet made. Moreover, provably fair script already ensures that the results are not rigged, especially for multiplayer game like Crash where block hashes are used with pre-generated hashes to work out fairness. A complete contract on blockchain is bit overkill IMO.

[kryptqnick]

Running crypto casino games directly on a blockchain seems more like a gimmick though.

I think some use bitcoins blockchain to determine a winner (or other cryptocurrency chains) - not as in the whole site is on a chain. But that might make for an interesting erc20 contract.


And yeah getting a hashed token, house edge information and a way to confirm how much the casino makes in some cases (ie investing a small amount) is quite a nice bit of detail regular online casinos still don't have (outside of live games). It'd cost them very little to implement such a system too so I don't know why they don't start making it a selling point somewhere.

Aren't there already some cases of casinos like this? I believe I've seen some running on Ethereum smart contracts and maybe some on EOS. But the problem is that while they cannot scam and are thus attractive, they're also less user-friendly than regular 'crypto' casinos, so they don't really become popular (which is why I'm having trouble recalling their names, even though I tried gambling in some a few years ago). Apart from not being user-friendly, they also don't fully enjoy the trust of the users. Some don't like them because they don't understand how they work and suspect there might be a way for them to scam people. Others take into account that serious bugs can be found in smart contracts.

[amiraja2]

Most people really want to gamble gambling, but we also know cryptocurency gambling is very interesting and unique. The main thing is fair play makes us even more addicted we can't avoid it anymore

[AakZaki]

Currently, many casinos have started to switch to cryptocurrency because it looks more profitable and safer and more anonymous. Big casinos like Macau have switched to cryptocurrency as the newest payment system. Currently the share of the world casino market that accepts cryptocurrency as a payment system is only about 15%, but this will continue to grow gradually from year to year because cryptocurrencies are very much in demand.

[Twinkledoe]

Currently, many casinos have started to switch to cryptocurrency because it looks more profitable and safer and more anonymous. Big casinos like Macau have switched to cryptocurrency as the newest payment system. Currently the share of the world casino market that accepts cryptocurrency as a payment system is only about 15%, but this will continue to grow gradually from year to year because cryptocurrencies are very much in demand.

The percentage is still small but I believe that number will increase in the next coming years. Because these fiat-based online casinos will realized that a lot of gamblers want privacy and so they will tend to go to crypto casinos. So what they can do, is accept or add also crypto in their payment system and as much as possible remove KYC if not necessary or if you are dealing with crypto only. Many gamblers are now finding crypto casinos to be of their advantage especially during this pandemic age.

[jossiel]

Various online casinos and to be specific crypto-related have been into the entire crypto gambling circle for a long time. But the sad news is that they never clicked or if there were those who have been liked by gamblers, only a few of them. Most didn't last long because the demand isn't with what they are believing and promoting through their casino.

I don't trust the casino. And if we are talking about a crypto casino, these are double risks.

There are casinos that you shouldn't really trust but if the reputation of the casino you're talking is great, there's no need to worry about.

[TGD]

Wondering what you guys think about cryptocurrency casinos operating via the blockchain?

I know gambling is one of those topics some want to avoid, however as crypto is so volatile is anyone getting into it somehow gambling already?
Most cryptocurrency casinos are claiming to be running on the Provably Fair system, seeds are confirmed by you, unlike standard casinos which are confirmed in the back end and can therefore be rigged!

Other Casinos such as trustdice are offering free TXT tokens each time you play, others are now accepting debit and credit card payments to buy tokens directly without the need to head to coinbase, register, deposit, and send etc

What are your thoughts around this?

Decentralized casino is been on the crypto since 2017 especially on EOS and TRX blockchain. Most of the Dapps Casino offers to give there token in every bets that you made since they don't have any token sale and that is usual way for mining there token. Is this your first time to get involve on Decentralized Casino?

I participate on many Dapps Casino before on EOS and base on what I experience. The casino always die once they reach the point where mining difficulty is not profitable anymore. The casino get tons of volume during first when whales are mining the token then dump all there accumulated token when difficulty is high. After that, they leave the casino and jump to the new one which result to lower bet volume on the casino. The only successful eos dapps casino that I know since 2018 that still alive today was Dice.one and they still have good volume on there casino today.


You should move this topic to gambling discussion since this not related to bitcoin discussion or else it might take down by the mods.

[Lorence.xD]

They say that it is better but I think most online casinos can be rigged no matter how many system you are going to introduce to the players/customers. Greed will fleet the heart of someone behind the system and for sure they will try to cheat it. The good thing about crypto is people behind the system are sensible and are not blinded by greed, they earn enough with all this players losing more than winning anything.

[CryptoManiaks]

There are Hundreds of online BTC casinos out there, and more are coming. Not to mention lots of them are a pure scam, created to rip the users off.

It’s because of the digital age we are living in. An online crypto casino has more to offer than a “standard” online casino now. And this is probably one of the main reasons why people are going for it. The extra perks that the blockchain offers. But there are a few drawbacks as well.

Check out this Infographic of Pros & Cons of Bitcoin casinos for more information.

Benefits:

Financial privacy - some of the top BTC casinos provide full privacy thanks to cryptocurrency payments. Note that some online casinos will offer privacy only if the customer deposits and withdraws cryptocurrencies (being an active user).
Low fees - Transferring Bitcoin and other cryptocurrencies saves a lot of effort when compared to other options.

Play from home (or practically anywhere) - traditional casinos might block you because of where your credit card or bank transfer is coming from to avoid sanctions and regulations. But a BTC casino offers deposits and withdrawals that can come from anywhere. Of course, there are lots of restrictions that have to be double-checked before transferring money.

Better & bigger bonuses - it’s a fact that the most famous Bitcoin online casinos generally offer improved, more substantial, and frequent bonuses than traditional online casinos. Not to mention the VIP programs.

Drawbacks:

Lack of clear regulations - running a fiat-based, unlicensed casino is challenging because of all the strict laws Authorities will end up noticing. On the other hand, it is easier for a BTC casino to operate without a license. Unlicensed casinos don’t report to any third party or government. Therefore, the risk of unfair conduct is raised.

No chargebacks - at a standard online casino, the client can always request his credit card provider to perform a chargeback, allowing him to get back his cash. And the opposite. When you deposit Bitcoin or crypto, you can’t request a chargeback since there is no financial buffer. It is both an advantage and disadvantage of the cryptocurrencies - all transactions are permanent, without any 3rd party involved.

Crypto prices - they are volatile. Today’s earnings could be a grand loss after a week if not cashed out.

[FACE 2 FACE]

Most likely, in the near future, one should expect massive targeted deceptions on the part of casinos, when they groundlessly claim that they use blockchain technologies and guarantee honest payments, while in fact they will be all the same standard casinos with manipulations and attempts to deceive customers.

In reality, there are very few people who are able to thoroughly study all the ins and outs of such a casino to make sure of its honesty. Most ordinary people simply trust slogans and advertisements. So, they will continue to deceive us.

[Cratoon]

Wondering what you guys think about cryptocurrency casinos operating via the blockchain?

I know gambling is one of those topics some want to avoid, however as crypto is so volatile is anyone getting into it somehow gambling already?
Most cryptocurrency casinos are claiming to be running on the Provably Fair system, seeds are confirmed by you, unlike standard casinos which are confirmed in the back end and can therefore be rigged!

Other Casinos such as trustdice are offering free TXT tokens each time you play, others are now accepting debit and credit card payments to buy tokens directly without the need to head to coinbase, register, deposit, and send etc

What are your thoughts around this?

The crypto gambling isn't that different from regular gambling websites which existed a while ago
The few differences highlighting crypto gambling is ability to confirm bet calculation result and higher level of privacy

[pinggoki]

They say that it is better but I think most online casinos can be rigged no matter how many system you are going to introduce to the players/customers. Greed will fleet the heart of someone behind the system and for sure they will try to cheat it. The good thing about crypto is people behind the system are sensible and are not blinded by greed, they earn enough with all this players losing more than winning anything.

Actually the thing here is that Cryptocurrency online casinos are unique and fair but in the case that you are saying about the greed, all people out there has the greed to earn more and more because we are humans and the greed is also in our blood. The thing is that we can't say that the people behind the system of the cryptocurrency is not greed because, first of all we don't know them and by just the fact that they are in the cryptocurrency all of us here is greedy to earn money. Lastly, this topic is more appropriate in the gambling section of this forum.

[seoincorporation]

Well, you forgot to mention the gambling license. This kind of license is valid for online gambling with cryptos or with plastic cards. Is one of the most important think that has to have a casino nowadays. The gambling license and a good provably fair engine is the key to success in any casino.

The big risk that crypto casinos has is the volatility of the coin. If the coin crash then the casino does it too.

[GeorgeJohn]

Wondering what you guys think about cryptocurrency casinos operating via the blockchain?

I know gambling is one of those topics some want to avoid, however as crypto is so volatile is anyone getting into it somehow gambling already?
Most cryptocurrency casinos are claiming to be running on the Provably Fair system, seeds are confirmed by you, unlike standard casinos which are confirmed in the back end and can therefore be rigged!

Other Casinos such as trustdice are offering free TXT tokens each time you play, others are now accepting debit and credit card payments to buy tokens directly without the need to head to coinbase, register, deposit, and send etc

What are your thoughts around this?

The crypto gambling isn't that different from regular gambling websites which existed a while ago
The few differences highlighting crypto gambling is ability to confirm bet calculation result and higher level of privacy

So if crypto gambling are different from regular gambling, so what differentiate them, they is something I want to understand here, gambling is gambling weather crypto or soccer or regular gambling, since you portrays that their is difference between both,i will like to learn from you  to avoid creating argument in some other time

[BIN-BIN]

I have tried to understand the coloration between the blockchain and the gambling and one of the things I have found out is that the introduction of the crypto gambling have eradicated the back door ways of calculating winning in the gambling industry just like crypto have eradicated third party involvement in financial dealings.

[Ridcan]

I did not know much about this.  I read what is written carefully.  Gambling always carries risks.  Be careful when gambling, online or not

[Darkelf11]

I don't trust the casino. And if we are talking about a crypto casino, these are double risks.

There are casinos that you shouldn't really trust but if the reputation of the casino you're talking is great, there's no need to worry about.

All casinos are associated with risks even if the trusted one. There are different kind of risks and the thing you are talking about the casinos whom we should not trust is the one who has many issues already and sometimes most of these casino does not have a concern with their players.

They say that it is better but I think most online casinos can be rigged no matter how many system you are going to introduce to the players/customers. Greed will fleet the heart of someone behind the system and for sure they will try to cheat it. The good thing about crypto is people behind the system are sensible and are not blinded by greed, they earn enough with all this players losing more than winning anything.

Actually the thing here is that Cryptocurrency online casinos are unique and fair but in the case that you are saying about the greed, all people out there has the greed to earn more and more because we are humans and the greed is also in our blood. The thing is that we can't say that the people behind the system of the cryptocurrency is not greed because, first of all we don't know them and by just the fact that they are in the cryptocurrency all of us here is greedy to earn money.

It seems like the word 'greed' is too much for those who just want to earn some money. We can't just labeled someone greedy just because he wants to earn. Wanting to earn money is normal, it becomes greed when you can't control yourself from it and you no longer care if someone get hurt.

[lifeforcepools]

I do not believe that you can win in a casino, and even more so in a crypto casino.

[ChiBitCTy]

Wondering what you guys think about cryptocurrency casinos operating via the blockchain?

I know gambling is one of those topics some want to avoid, however as crypto is so volatile is anyone getting into it somehow gambling already?
Most cryptocurrency casinos are claiming to be running on the Provably Fair system, seeds are confirmed by you, unlike standard casinos which are confirmed in the back end and can therefore be rigged!

Other Casinos such as trustdice are offering free TXT tokens each time you play, others are now accepting debit and credit card payments to buy tokens directly without the need to head to coinbase, register, deposit, and send etc

What are your thoughts around this?

I don't think this is really a topic people want to avoid, or should avoid. Gambling isn't a big deal, it's like smoking weed these days ( if you think either should be illegal you're uneducated on the truths ).  Personally I don't trust games of chance online, with any casino, blockchain based or not.  I only use online casinos for games of skill, as I am definitely worried about the legitimacy.

[Emitdama]

Most cryptocurrency casinos are claiming to be running on the Provably Fair system, seeds are confirmed by you, unlike standard casinos which are confirmed in the back end and can therefore be rigged!

They are claiming to be running Provably Fair System but you’re not sure what they are telling you whether it is true or not, you only know what they want you to know because you don’t work there, you don’t know what’s being done behind. So, nobody can tell you for sure here whether what those crypto casinos are saying is true or not.

The thing is if you’re lucky and you play and win, then take your win, if you play and lose, that’s the loss for you. But left for me, I would say that there is no difference between the casinos offline and the ones you have on blockchain.

[Ratash]

I do not recomand gambling on crypto casinos because the games algorithmes are rigged especially dice if you want to gamble its best to use live casinos and play poker or some other card games its safer or you can use sports bettings if you are fan of a specific sport.

[Asuspawer09]

Wondering what you guys think about cryptocurrency casinos operating via the blockchain?

I know gambling is one of those topics some want to avoid, however as crypto is so volatile is anyone getting into it somehow gambling already?
Most cryptocurrency casinos are claiming to be running on the Provably Fair system, seeds are confirmed by you, unlike standard casinos which are confirmed in the back end and can therefore be rigged!

Other Casinos such as trustdice are offering free TXT tokens each time you play, others are now accepting debit and credit card payments to buy tokens directly without the need to head to coinbase, register, deposit, and send etc

What are your thoughts around this?

If you think about it, it is really difficult to trust a gambling website, maybe they could easily mess up the code of the system or something.

But one thing is for sure where playing into gambling websites is always risky sometimes you win and sometimes you lose, Scam gambling websites is not gonna survive if there is no users winning.

Also, I think adapting to cryptocurrency is a good thing for gambling casinos, the difference is just huge from a physical casino in my opinion.

[vaultman]

In my opinion, if a casino should exist, then it should be anonymous and use cryptocurrency. Regular casinos require too much data about a person, which alienates many users.

[Poker Player]

I do not recomand gambling on crypto casinos because the games algorithmes are rigged especially dice if you want to gamble its best to use live casinos and play poker or some other card games its safer or you can use sports bettings if you are fan of a specific sport.

Could you expand on that please?

With so many crypto casinos using provably fair systems and many of them being advertised in this forum, I think if you say that you should give arguments so people can try to refute you and casino players can decide wether you are right or wrong.

If not, you're just a big mouth.

[Xinarae*]

Cryptocurrency online casinos are great for good deposits and bonuses. Properly analyzing casino sites Cryptocurrency Online Casinos is possible to find safe sites for betting. These legitimate operators give you a combination of some of the best features that players need. All of them have valid licenses and you can deposit money knowing that your money will be safe and the game will be transparent. Jackpot City supports online casinos and money payments and the rest of the best casinos offer a variety of fast payment methods. Each system understands the difference between right and wrong.

[carlisle1]

Wondering what you guys think about cryptocurrency casinos operating via the blockchain?

Well talking inside Bitcointalk.org forum?what do you think would be the majority of the answer mate?

I know gambling is one of those topics some want to avoid,

Sorry but i guess you are missing the place where to put this thread mate,because you are in gambling Discussion section and still talking
about this?
everyone here loves to talk gambling and also their betting experiences.

Other Casinos such as trustdice are offering free TXT tokens each time you play, others are now accepting debit and credit card payments to buy tokens directly without the need to head to coinbase, register, deposit, and send etc

What are your thoughts around this?

this means we are in good side of gambling having blockchain around,keeping us safe specially in times like this
with pandemic around.

[boyptc]

In my opinion, if a casino should exist, then it should be anonymous and use cryptocurrency. Regular casinos require too much data about a person, which alienates many users.

You need to categorize casinos. Real-life casinos that are operating locally have the right not to use cryptocurrency.

They have been existing even before cryptocurrencies come.

Describing the crypto casinos, most of them are operating with license, and they are giving importance to the anonymity of their users. That's better than them operating anonymously.

[Wexnident]

Well, information is one of the details that casinos need to actually run theirs. Governments basically enforce casinos to gather info, mostly to identify whether or not those that are playing are above the legal age for them to gamble or not. Though there are countless crypto casinos out there already, most of them are quite famous such as roobet and wolfbet. As for the issue with standard casinos, I'm pretty sure notable casinos have their machines tested or something to assure fair gameplay, not that I know much though since I haven't really been or seen how they do as such.

Sorry but i guess you are missing the place where to put this thread mate,because you are in gambling Discussion section and still talking
about this?
everyone here loves to talk gambling and also their betting experiences.

This is why

You should move this topic to gambling discussion since this not related to bitcoin discussion or else it might take down by the mods.

[Russlenat]

If casino claimed that they are a crypto casino, it's safe to assume that they are running in a blockhain in any way.
Some casinos offers a blockchain game where seeds can easily be verified, however, what gamblers love more are those popular games that we can find in a typical casino, and it's just different here as the payment method is in crypto.

Volatility has always been here, so it's not a problem since as a gambler we already know the risk and we can manage it.

Also, you might want to include sports betting which is getting more popular in the crypto space now.

[virasog]

Wondering what you guys think about cryptocurrency casinos operating via the blockchain?

I know gambling is one of those topics some want to avoid, however as crypto is so volatile is anyone getting into it somehow gambling already?
Most cryptocurrency casinos are claiming to be running on the Provably Fair system, seeds are confirmed by you, unlike standard casinos which are confirmed in the back end and can therefore be rigged!

Other Casinos such as trustdice are offering free TXT tokens each time you play, others are now accepting debit and credit card payments to buy tokens directly without the need to head to coinbase, register, deposit, and send etc

What are your thoughts around this?

What are you trying to say here ? You mean that online casino are much better and safe than standard (physical) casino because you can verify the seeds and provably fair system ? This is not the case because there are many online casino which do not let you verify the seeds and also there is no confirmation that the provably fair system is truly implemented. Yes, there are many trusted ones too but not every online casino is trustable.

[robelneo]

Wondering what you guys think about cryptocurrency casinos operating via the blockchain?

I know gambling is one of those topics some want to avoid, however as crypto is so volatile is anyone getting into it somehow gambling already?
Most cryptocurrency casinos are claiming to be running on the Provably Fair system, seeds are confirmed by you, unlike standard casinos which are confirmed in the back end and can therefore be rigged!

Other Casinos such as trustdice are offering free TXT tokens each time you play, others are now accepting debit and credit card payments to buy tokens directly without the need to head to coinbase, register, deposit, and send etc

What are your thoughts around this?

All of the things you've mentioned are in favor and positive to the Cryptocurrency gambling community, anonymity, provably fairness that can be checked, all transactions are transparent and you can see in the blockchain without third party interference, and on top of this is a big community of Cryptocurrency gambling sites, almost every month there's a new gambling sites launch, online gamblers are shifting to Cryptocurrency gambling platform it has overtaken the standard online gambling sites.

[jrrsparkles]

Crypto gambling site and blockchain based gambling site are not same,most of the cryptocurrency gambling sites are just a normal site which accepts cryptos for bets and also their results are probably fair but this is not a transparent one.And I don't think there will be much casinos running on a blockchain even in future.

[bitbunnny]

In my opinion, if a casino should exist, then it should be anonymous and use cryptocurrency. Regular casinos require too much data about a person, which alienates many users.

If casino wants to run business on legitimate way then it should obey the law. Amd according to law KYC is obligatory in many countries and casinos should be in line with that law otherwise they might have some troubles with law enforcement
So, fully anonymous and without providing any data you can play in illegal casinos and that is not something I would recommend. You don't have any protection, you can't claim your rights in case of any issues and in general you play on your own responsibility.

[Mauser]

In my opinion, if a casino should exist, then it should be anonymous and use cryptocurrency. Regular casinos require too much data about a person, which alienates many users.

If casino wants to run business on legitimate way then it should obey the law. Amd according to law KYC is obligatory in many countries and casinos should be in line with that law otherwise they might have some troubles with law enforcement
So, fully anonymous and without providing any data you can play in illegal casinos and that is not something I would recommend. You don't have any protection, you can't claim your rights in case of any issues and in general you play on your own responsibility.

In my opinion casinos should always follow the laws in the countries they operate. Being fully anonymous on the internet sounds pretty nice at the start. But the stigma of crpyto currencies and online gambling is still there, many people are afraid criminals use the internet and digital currencies to launder money. I think KYC is very important and we should just accept it.

[zidanw]

I do not believe that you can win in a casino, and even more so in a crypto casino.

And what could be the reason? That's why there's what you a provably fair in casino so you would be able to know whether your bet is fair or not.  If you don't see an option where you can verify your bets then you can believe that you can win on that casino.

[Ziskinberg]

I do not believe that you can win in a casino, and even more so in a crypto casino.

And what could be the reason? That's why there's what you a provably fair in casino so you would be able to know whether your bet is fair or not.  If you don't see an option where you can verify your bets then you can believe that you can win on that casino.

Anyone who says we can't win in casino are either non educated about gambling or having tried gambling once in his life.

If we understand what gambling is and what casino is, we would not say it as that is not the reality. The reality is, casinos wins most of the time, for a simple reason that they have the edge, which means we lose most of the time but we also have a chance to win but not in the long run.

[Viscore]

Wondering why also after OP had created the topic he's gone. I'm not sure if he wants to know more about crypto gambling or have an interest but what I take to this is that, NOTHING.

The growing numbers of crypto gambling sites mean that gamblers are found this an easier way to gamble without wasting a lot of time and giving us our comfort zone since we can gamble at any time just inside our house.

And as the competition arises, gambling owners will also find a way to provide deposit platforms that could meet the need of gamblers and such accepting deposits coming from debit/credit card is one of those updates. Will it know that many sites offering the same mode of payment.

[safari88]

I do not believe that you can win in a casino, and even more so in a crypto casino.

And what could be the reason? That's why there's what you a provably fair in casino so you would be able to know whether your bet is fair or not.  If you don't see an option where you can verify your bets then you can believe that you can win on that casino.

Anyone who says we can't win in casino are either non educated about gambling or having tried gambling once in his life.

If we understand what gambling is and what casino is, we would not say it as that is not the reality. The reality is, casinos wins most of the time, for a simple reason that they have the edge, which means we lose most of the time but we also have a chance to win but not in the long run.

i agree with this. i'm not quite sure if he really knows how gambling works or maybe he once lose before and now he can't accept the fact that the casino won and can't accept that he lose.

[bunglor]

What I could think about it is that it's great giving tokens for every bet you made and you will get a dividend also using seeds to verify of the bets I really think it's much better than the physical casino. Additional thing is that you can play whenever you like and most of them can be played either on desktop or mobile gadgets.

[death69]

No one wants to avoid discussing this topic at all, especially gambler from bitcointalk forum. And you step in just a right place.

Actually, gamblers are very intelligent and they know what to do to reduce the house edge, the absurd fees, unprovable fair betting system on the traditional gambling platform. Blockchain as well as the cryptocurrencies certainly have a great impact on the gambling industry recently. Small and medium gamblers have shifted from the traditional way to the digital way which help them to minimize a lot of services' money such as gas, entry tickets, etc. Moreover, people love to be anonymous without being forced to give any private information. Therefore, I believe that this is a wonderful time for blockchain gambling based to develop and ameliorate day by day.

However, government does not like these gambling platforms at all since they can not tracked users as well as collect taxes from casinos. I think sooner all later, regulations and laws will be imposed so as to prevent those online casinos from secretly operating

[Casdinyard]

I do not believe that you can win in a casino, and even more so in a crypto casino.

And what could be the reason? That's why there's what you a provably fair in casino so you would be able to know whether your bet is fair or not.  If you don't see an option where you can verify your bets then you can believe that you can win on that casino.

Anyone who says we can't win in casino are either non educated about gambling or having tried gambling once in his life.

If we understand what gambling is and what casino is, we would not say it as that is not the reality. The reality is, casinos wins most of the time, for a simple reason that they have the edge, which means we lose most of the time but we also have a chance to win but not in the long run.

i agree with this. i'm not quite sure if he really knows how gambling works or maybe he once lose before and now he can't accept the fact that the casino won and can't accept that he lose.

Winning is not impossible but winning most of the time is. Maybe what he is trying to say is in general winnings. No matter how many times you gamble, your losses will be bigger. In his statement "I do not believe you can win in a casino", is quite true if that's the case. Ofcourse we would say we have experienced winning but since losing is more certain, winnings will just be a small portion of your losses. And I think this has something to do with the risk of gambling which is addiction. You will not be aware of your total losses, all you care about is winning for that 'day', those who will be able to do so are more likely to be other people.

[Debonaire217]

By gambling in online cryptocurrency casinos, most of the players aren't really basing their betting decision to the price of the crypto in USD, the reason is because you need not to worry about the transaction fee just like when you are transferring funds in an online gambling casino. If I am not mistaken, most of the transaction in betting is happening off-chain, meaning, you can bet and not pay with the fees. The only thing you need to worry is the amount you will set when betting. But still, your profit will depend on how much you bet.

[ethereumhunter]

I do not believe that you can win in a casino, and even more so in a crypto casino.

And what could be the reason? That's why there's what you a provably fair in casino so you would be able to know whether your bet is fair or not.  If you don't see an option where you can verify your bets then you can believe that you can win on that casino.

Anyone who says we can't win in casino are either non educated about gambling or having tried gambling once in his life.

If we understand what gambling is and what casino is, we would not say it as that is not the reality. The reality is, casinos wins most of the time, for a simple reason that they have the edge, which means we lose most of the time but we also have a chance to win but not in the long run.

i agree with this. i'm not quite sure if he really knows how gambling works or maybe he once lose before and now he can't accept the fact that the casino won and can't accept that he lose.

I think he has the worst experience in gambling. Maybe he loses all of his money at one time because he bets in big money. Maybe he doesn't know that some people can really win in many games, and they can win a lot of money from the casino. But that will not happen to many people because we need to have the luck to win. We hope that he can understand that playing gambling is not a source of income because gambling is just for fun.

[Fredomago]

I do not believe that you can win in a casino, and even more so in a crypto casino.

And what could be the reason? That's why there's what you a provably fair in casino so you would be able to know whether your bet is fair or not.  If you don't see an option where you can verify your bets then you can believe that you can win on that casino.

Anyone who says we can't win in casino are either non educated about gambling or having tried gambling once in his life.

If we understand what gambling is and what casino is, we would not say it as that is not the reality. The reality is, casinos wins most of the time, for a simple reason that they have the edge, which means we lose most of the time but we also have a chance to win but not in the long run.

Simply to say that whenever luck is there beside you and you know when to stop then the chance of banking decent money is very possible for you to do.

Indeed, is not as always but you also have the capabilities, some might good in working with some patterns and some good money managements, it's depends how you view it.

Gambling still gambling and the longer you stay the higher chance that you'll lose as luck
is not always at your side, and the reality that house have more capital than yours so be practical
in quitting while you still have some decent winning.

[Twentyonepaylots]

I do not believe that you can win in a casino, and even more so in a crypto casino.

And what could be the reason? That's why there's what you a provably fair in casino so you would be able to know whether your bet is fair or not.  If you don't see an option where you can verify your bets then you can believe that you can win on that casino.

Anyone who says we can't win in casino are either non educated about gambling or having tried gambling once in his life.

I could not agree more, but I believe more on they have not tried gambling in casinos yet, they are just fond believers of many that there isn't a person who won in the casino. Well we could not change their mind unless they want to change it by letting it experience themselves.

If we understand what gambling is and what casino is, we would not say it as that is not the reality. The reality is, casinos wins most of the time, for a simple reason that they have the edge, which means we lose most of the time but we also have a chance to win but not in the long run.

If a gambler knows when to get out, then the house edge would be slim, but that isn't the case given the fact that every gambler is unique, different casino approach, different amount of money, different strategies and different views on the game. Players are actually the game of every casino.

[Stedsm]

@OP, tbh I don't really believe in any "provably fair" system and most sites have it rigged. Next is, yeah, those who buy btc, do take the advantage of gambling by betting it on different websites trying their luck to win more BTC where they already know that crypto can boom any time and if it does, it works like a charm for anybody who bets and wins a great amount of BTC as that's a win-win. The most important part is to know when to stop because nobody can win each and every bet on anything (trust me anything you take and put in front of me, I've got an argument to prove that you can't be a winner forever).

[bitgolden]

Well, there is this fine line between "you can't win in a casino" and "it is impossible to win in a casino" there is a biiiig difference believe me.

Yes, the idea that casinos are run with house edge and even if they are provably fair if you play long enough because of the 1% house edge on average you should be eventually losing.

You could start with 1 dollars and win as much as 1 billion dollars but if you do not stop eventually you will lose, that is the mathematically reality, you have to stop when you are ahead if you want to make a profit in gambling world. However it is not "impossible" because I can go to a casino, put all my money on 1% chance to win, make 100x return get rich and get out without ever playing, this is something possible, not common but definitely possible.

[shoreno]

Well, there is this fine line between "you can't win in a casino" and "it is impossible to win in a casino" there is a biiiig difference believe me.

both are simillar to me but the second line is more stronger than the first . these lines are just a common expression by people that can hardly win in a casino but the truth is that we can really win on a casino depending ln the game we play , capital and the skills we have .

You could start with 1 dollars and win as much as 1 billion dollars but if you do not stop eventually you will lose, that is the mathematically reality, you have to stop when you are ahead if you want to make a profit in gambling world. However it is not "impossible" because I can go to a casino, put all my money on 1% chance to win, make 100x return get rich and get out without ever playing, this is something possible, not common but definitely possible.

1 dollar to 1 billion dollar is the one that is impossible . there are lotto but the price of tickets for billion dollar prize are over 1 usd . for the normal gambling its hard to turn your 1 dollar to 1 billion dollar . you already explained why , something to do with the house edge . 100x payout is more achievable but if you need to have more than 1 usd if your betting 1 usd on 100x per spin

[yayayo]

For what I have seen it looks like the casinos are now adopting good features. Wherein the users doesn't need to use some third party to buy Bitcoin and transfer to wallet.
I think the casinos now are doing good and soon they would be able to give every gamblers the ability to deposit to casino in any methods they like.

ya.ya.yo!

[peter0425]

For what I have seen it looks like the casinos are now adopting good features. Wherein the users doesn't need to use some third party to buy Bitcoin and transfer to wallet.

Well that must what we have as gamblers for our own convenient gambling experience.

I think the casinos now are doing good and soon they would be able to give every gamblers the ability to deposit to casino in any methods they like.

ya.ya.yo!

Casino are being consistently doing their best to attract gamblers as competition is really tight now and if they don't make improvement then players will come to other casinos.

[MWesterweele]

For what I have seen it looks like the casinos are now adopting good features. Wherein the users doesn't need to use some third party to buy Bitcoin and transfer to wallet.

Well that must what we have as gamblers for our own convenient gambling experience.

I think the casinos now are doing good and soon they would be able to give every gamblers the ability to deposit to casino in any methods they like.

ya.ya.yo!

Casino are being consistently doing their best to attract gamblers as competition is really tight now and if they don't make improvement then players will come to other casinos.

If there are physical casinos that are accepting bitcoin as a means of payment well it will be a good news for the gamblers not just online but also in traditional way because if they don't have fiat, they can use their crypto currency savings and also they don't to have convert their crypto currencies into fiat in order to play.

[Lavander]

In my opinion it's great, all of the casinos now is keep improving and improving from time to time and they are competitively creating unique features, competitions and more which is a great thing for me and the crypto gambling in my opinion.

[cherryganda]

Most people really want to gamble gambling, but we also know cryptocurency gambling is very interesting and unique. The main thing is fair play makes us even more addicted we can't avoid it anymore

That's correct mate, a lot of newcomers in crypto gambling sites became addicted to the games where the majority of them their ending is not good. In short, they've left nothing because most of their assets melted or lost in the games that's the reality most of the time happened in the gambling industry in cryptocurrency.

[Twinkledoe]

For what I have seen it looks like the casinos are now adopting good features. Wherein the users doesn't need to use some third party to buy Bitcoin and transfer to wallet.

Well that must what we have as gamblers for our own convenient gambling experience.

I think the casinos now are doing good and soon they would be able to give every gamblers the ability to deposit to casino in any methods they like.

ya.ya.yo!

Casino are being consistently doing their best to attract gamblers as competition is really tight now and if they don't make improvement then players will come to other casinos.

If there are physical casinos that are accepting bitcoin as a means of payment well it will be a good news for the gamblers not just online but also in traditional way because if they don't have fiat, they can use their crypto currency savings and also they don't to have convert their crypto currencies into fiat in order to play.

I believe it will not be long before these physical casinos will accept btc payments directly. Right now, we are seeing some of them to have BTC atm in their premises but with the rise of online crypto casinos during this pandemic, these offline casinos will see the benefits of having btc in their payment system.

[mersal]

Wondering what you guys think about cryptocurrency casinos operating via the blockchain?

I know gambling is one of those topics some want to avoid, however as crypto is so volatile is anyone getting into it somehow gambling already?
Most cryptocurrency casinos are claiming to be running on the Provably Fair system, seeds are confirmed by you, unlike standard casinos which are confirmed in the back end and can therefore be rigged!

Other Casinos such as trustdice are offering free TXT tokens each time you play, others are now accepting debit and credit card payments to buy tokens directly without the need to head to coinbase, register, deposit, and send etc

What are your thoughts around this?

Cryptocurrency casinos are provably fair but not every crypto casino is one of them and blockchain games are different from casino games so if a casino wants to make profits then they have to make casino games with fair results and this can be verified by everyone. Complete crypto casinos don't offer exchange services because they don't want to get into any trouble like money laundering so I don't find it unfair for these casinos to exist here.

[romero121]

Most people really want to gamble gambling, but we also know cryptocurency gambling is very interesting and unique. The main thing is fair play makes us even more addicted we can't avoid it anymore

That's correct mate, a lot of newcomers in crypto gambling sites became addicted to the games where the majority of them their ending is not good. In short, they've left nothing because most of their assets melted or lost in the games that's the reality most of the time happened in the gambling industry in cryptocurrency.

Whenever a newcomer gets into gambling he'll win out of luck, but the same makes them get addicted. At the beginning people never understand about the back effects of gambling. Everyone just focus on earning, and by the time if the gambler himself learn on strategies to stop and comeback after a short break will profit out of gambling.

The worst part is people create a mindset to recover the loss which is also a reason. As most users mentioned gambling with cryptocurrencies is something unique and makes the user enthusiastic than playing with the traditional online casinos with fiat.

[TitanGEL]

Most people really want to gamble gambling, but we also know cryptocurency gambling is very interesting and unique. The main thing is fair play makes us even more addicted we can't avoid it anymore

That's correct mate, a lot of newcomers in crypto gambling sites became addicted to the games where the majority of them their ending is not good. In short, they've left nothing because most of their assets melted or lost in the games that's the reality most of the time happened in the gambling industry in cryptocurrency.

Whenever a newcomer gets into gambling he'll win out of luck, but the same makes them get addicted. At the beginning people never understand about the back effects of gambling. Everyone just focus on earning, and by the time if the gambler himself learn on strategies to stop and comeback after a short break will profit out of gambling.

The worst part is people create a mindset to recover the loss which is also a reason. As most users mentioned gambling with cryptocurrencies is something unique and makes the user enthusiastic than playing with the traditional online casinos with fiat.

Not all but most of the newcomers are easily became addicted especially when they experienced a beginner's luck wherein they win huge amount of money ath their beginning journey as a gambler. Online casinos are good because it can giveus entertainment and it can also one of the way for us to have another sources of income but there us a downside of it where if we do not fully understand what it is. Newcomers are just expecting to earn from playing some casino games and they will be surprised with some frustration whenever they experienced losses. It seems that they are not fully prepared and it affects their mental health.

[samcrypto]

Most people really want to gamble gambling, but we also know cryptocurency gambling is very interesting and unique. The main thing is fair play makes us even more addicted we can't avoid it anymore

That's correct mate, a lot of newcomers in crypto gambling sites became addicted to the games where the majority of them their ending is not good. In short, they've left nothing because most of their assets melted or lost in the games that's the reality most of the time happened in the gambling industry in cryptocurrency.

There’s a lot of gamblers that didn’t care that much with regards to their emotional attachment to gambling and they think its fine to continue gambling without realizing that they are slowly falling into a big gambling addiction. I’m not familiar with the Tricedice site and I don’t mind that much with the free token especially if its just a new gambling site, the risk is always on the new site so every gamblers must also know this one and gamble with care.

[Shasha80]

I noticed that in 2020 more and more new crypto online casinos have sprung up, and they spend quite a lot of promotional costs
by opening gambling campaigns in the service section with Bitcoin payment. This proves that the demand for crypto online casino
has increased this year. Perhaps because many people choose to play online gambling in the current pandemic situation, so as not
to be infected with the corona virus. But be careful when choosing an online casino, don't be easily attracted by a new gambling site
with a large welcome bonus. Choose an online casino with a good reputation, I recommend 777coin and Bitvest which are trusted
and have a good reputation.

[carlisle1]

Sorry but i guess you are missing the place where to put this thread mate,because you are in gambling Discussion section and still talking
about this?
everyone here loves to talk gambling and also their betting experiences.

This is why

You should move this topic to gambling discussion since this not related to bitcoin discussion or else it might take down by the mods.

Nope actually I asked Him that question because He is In gambling section but he speaks as if Poster here hates to talk about gambling lol.
Specially when he said that People are avoiding to talk about gambling.

In my opinion it's great, all of the casinos now is keep improving and improving from time to time and they are competitively creating unique features, competitions and more which is a great thing for me and the crypto gambling in my opinion.

True and the best example is Roobet casino in which they have continues events happening in Games and Round and also in Service section.

No wonder they are wagering more than 5 million dollars every 2 days or even higher sometimes.

[michellee]

Most people really want to gamble gambling, but we also know cryptocurency gambling is very interesting and unique. The main thing is fair play makes us even more addicted we can't avoid it anymore

That's correct mate, a lot of newcomers in crypto gambling sites became addicted to the games where the majority of them their ending is not good. In short, they've left nothing because most of their assets melted or lost in the games that's the reality most of the time happened in the gambling industry in cryptocurrency.

There’s a lot of gamblers that didn’t care that much with regards to their emotional attachment to gambling and they think its fine to continue gambling without realizing that they are slowly falling into a big gambling addiction. I’m not familiar with the Tricedice site and I don’t mind that much with the free token especially if its just a new gambling site, the risk is always on the new site so every gamblers must also know this one and gamble with care.

If they think that it is fine to continue gambling without realizing losing more money, they will fall down with the deeper gambling itself. They will get the risk for that. If you can get the free token to start playing gambling in a new gambling site, that will be good for you because you don't risk your money and prevent losing money. But if you decide to deposit some money to that new site without you know if that site is good or not, your chance to get lost will be bigger.

From time to time, we already see many gambling sites launch and invite many gamblers to try their site by offering them a welcome bonus, which the gamblers can use to start. As long as you know how to control yourself, you will not have to worry if you will lose your money because you can get the welcome bonuses from the gambling site.

[Kupid002]

I noticed that in 2020 more and more new crypto online casinos have sprung up, and they spend quite a lot of promotional costs
by opening gambling campaigns in the service section with Bitcoin payment. This proves that the demand for crypto online casino
has increased this year. Perhaps because many people choose to play online gambling in the current pandemic situation, so as not
to be infected with the corona virus. But be careful when choosing an online casino, don't be easily attracted by a new gambling site
with a large welcome bonus. Choose an online casino with a good reputation, I recommend 777coin and Bitvest which are trusted
and have a good reputation.

Maybe because of the virus more people staying at home and prefer to play online than actual casino for their own safety and for safety of it's family.

Crypto currency adoption increase this year because it's a good alternative option and have many use cases that you can use your crypto and one of them is playing online gambling. You don't need to go out now if you want to gamble. using crypto currency you can play any time you want and can play the game you want anytime/anywhere.

[coin-investor]

I noticed that in 2020 more and more new crypto online casinos have sprung up, and they spend quite a lot of promotional costs
by opening gambling campaigns in the service section with Bitcoin payment. I recommend 777coin and Bitvest which are trusted
and have a good reputation.

Yes, there seems to be a migration of fiat gamblers to Cryptocurrency gambling sites, almost every week we see a new campaign on a new gambling site, and there are new gambling site that does not launch a campaign but had an announcement here,
The signature campaign is good for the forum as it encourages activity and good discussion, it's a win-win situation for all those involves in, the project, the forum, and the participants.

[kkaroul4]

It's happening now and I can say that it's really great before we are just allowed to play on physical casino but now we can play online and the good thing about this is it's not just it's fair we can also play anonymously.

[Reatim]

Most people really want to gamble gambling, but we also know cryptocurency gambling is very interesting and unique. The main thing is fair play makes us even more addicted we can't avoid it anymore

That's correct mate, a lot of newcomers in crypto gambling sites became addicted to the games where the majority of them their ending is not good. In short, they've left nothing because most of their assets melted or lost in the games that's the reality most of the time happened in the gambling industry in cryptocurrency.

Whenever a newcomer gets into gambling he'll win out of luck, but the same makes them get addicted.

I think the right term for that is "beginners Luck" right? anyway almost every newbie experienced this.

At the beginning people never understand about the back effects of gambling. Everyone just focus on earning, and by the time if the gambler himself learn on strategies to stop and comeback after a short break will profit out of gambling.

I can't find the idea of " Focusing on Earning"? is there really earning in gambling specially in the beginning?we are granted of luck but for small span of time only.

The worst part is people create a mindset to recover the loss which is also a reason. As most users mentioned gambling with cryptocurrencies is something unique and makes the user enthusiastic than playing with the traditional online casinos with fiat.

"Chasing losses" that is the very reason why Many gamblers end up losing everything because of that attitude and belief ,In which they tend to find fortune while they are continuously losing.

[Lanatsa]

I noticed that in 2020 more and more new crypto online casinos have sprung up, and they spend quite a lot of promotional costs
by opening gambling campaigns in the service section with Bitcoin payment. I recommend 777coin and Bitvest which are trusted
and have a good reputation.

Yes, there seems to be a migration of fiat gamblers to Cryptocurrency gambling sites, almost every week we see a new campaign on a new gambling site, and there are new gambling site that does not launch a campaign but had an announcement here,
The signature campaign is good for the forum as it encourages activity and good discussion, it's a win-win situation for all those involves in, the project, the forum, and the participants.

Having some lots of recent signature campaign on this forum doesn't mean out that people are trying to switch up from physical to online gambling but yet businesses will really consider
on making up something new just because people aren't able to go to physical casinos at the moment so its just normal for them to built and hoping for getting players via online.

Of course there's some demand with online casinos now but I do saw that once everything went to normal will surely be going back yet this is much
preferred than on playing online.

[NeilLostBitCoin]

I noticed that in 2020 more and more new crypto online casinos have sprung up, and they spend quite a lot of promotional costs
by opening gambling campaigns in the service section with Bitcoin payment. I recommend 777coin and Bitvest which are trusted
and have a good reputation.

Yes, there seems to be a migration of fiat gamblers to Cryptocurrency gambling sites, almost every week we see a new campaign on a new gambling site, and there are new gambling site that does not launch a campaign but had an announcement here,
The signature campaign is good for the forum as it encourages activity and good discussion, it's a win-win situation for all those involves in, the project, the forum, and the participants.

Having some lots of recent signature campaign on this forum doesn't mean out that people are trying to switch up from physical to online gambling but yet businesses will really consider
on making up something new just because people aren't able to go to physical casinos at the moment so its just normal for them to built and hoping for getting players via online.

Of course there's some demand with online casinos now but I do saw that once everything went to normal will surely be going back yet this is much
preferred than on playing online.

I think online and traditional gambling are just the same. You will bet for which side you are up to and the game goes on. But when it comes to Casino gambling games like dice, poker or color game, it could be manipulated by the host when it comes to the traditional way of playing gambling but in online the computer is the one who controls the game so you don't have to worry if someone will manipulate the game.

[Gotumoot]

Currently, many casinos have started to switch to cryptocurrency because it looks more profitable and safer and more anonymous. Big casinos like Macau have switched to cryptocurrency as the newest payment system. Currently the share of the world casino market that accepts cryptocurrency as a payment system is only about 15%, but this will continue to grow gradually from year to year because cryptocurrencies are very much in demand.

The percentage is still small but I believe that number will increase in the next coming years. Because these fiat-based online casinos will realized that a lot of gamblers want privacy and so they will tend to go to crypto casinos. So what they can do, is accept or add also crypto in their payment system and as much as possible remove KYC if not necessary or if you are dealing with crypto only. Many gamblers are now finding crypto casinos to be of their advantage especially during this pandemic age.

I agree more and more Fiat-based online casino would switch because of crypto being trending and more efficient to their business.
Gambler wants privacy too that is why they chose crypto when it comes to gambling and because of the issue of selling personal information and scared that their KYC would be leaked.

[blckhawk]

Most people really want to gamble gambling, but we also know cryptocurency gambling is very interesting and unique. The main thing is fair play makes us even more addicted we can't avoid it anymore

That's correct mate, a lot of newcomers in crypto gambling sites became addicted to the games where the majority of them their ending is not good. In short, they've left nothing because most of their assets melted or lost in the games that's the reality most of the time happened in the gambling industry in cryptocurrency.

There’s a lot of gamblers that didn’t care that much with regards to their emotional attachment to gambling and they think its fine to continue gambling without realizing that they are slowly falling into a big gambling addiction. I’m not familiar with the Tricedice site and I don’t mind that much with the free token especially if its just a new gambling site, the risk is always on the new site so every gamblers must also know this one and gamble with care.

And that is the sad truth. Some gamblers are having a hard time controlling their emotions like for example, even if they lose a huge amount of money they will try and try to chase the money that they have lost which is totally wrong. As a gambler, you should know when to make an exit. In regards to gambling casinos better if you will choose those reputable and old ones because usually, the risk is always on the new one, you don't even know if they are provably fair or not unlike for the old ones they are already been tested and you could read few feedbacks before you use them.

[Mauser]

And that is the sad truth. Some gamblers are having a hard time controlling their emotions like for example, even if they lose a huge amount of money they will try and try to chase the money that they have lost which is totally wrong. As a gambler, you should know when to make an exit. In regards to gambling casinos better if you will choose those reputable and old ones because usually, the risk is always on the new one, you don't even know if they are provably fair or not unlike for the old ones they are already been tested and you could read few feedbacks before you use them.

Even though I know as a good gambler we need to control our emotions, but it's really hard sometimes. After playing for a while I find myself to focused on the session, if I am up ahead and winning, I just keep on playing a bit more for higher winnings. And when I am losing, I always try to make up losses which sometimes ends up in even higher losses.

[Naida_BR]

Cryptocurrency casinos provide an easy and safe gambling ecosystem for both gamblers and casino owners.
Some of the benefits are:
1. Anonymity
2. Easy and fast Deposits
3. Better Odds and Provably fair bets.

On the other hand casino owners are benefited due to the phycological fact that gamblers are not betting in real money units such as 1 dollar 2 dollars.
When betting in unit portions you don't really understand the amount of money you are betting. It is like you are betting less because people's mind only correlate the numbers between them and not the Dollars with Bitcoins or Trons, if you see my points. Having said that, cryptocasino owners are getting bigger profits from crypto bets.

[bitterguy28]

Of course there's some demand with online casinos now but I do saw that once everything went to normal will surely be going back yet this is much
preferred than on playing online.

Nope as we knew how addicting Online gambling is and also very accessible and easy to perform.

Real casino players only chooses to play  there because they Have not tried playing in Online but now that they are forced to play because Live casino are closed they already taste how to play here and i'm sure that even if they Go back in Real casino still they will play online once at a time.

[Lakai01]

Real casino players only chooses to play  there because they Have not tried playing in Online but now that they are forced to play because Live casino are closed they already taste how to play here and i'm sure that even if they Go back in Real casino still they will play online once at a time.

It must be said quite clearly that the atmosphere and experience in classic casinos is different than in online casinos. In offline casinos there are much more people present, you are approached, you meet acquaintances and friends and can for example drink a beer at the bar with them from time to time.

All this is missing in online casinos completely. You have the chat to be able to interact with others, but that definitely does not replace the interpersonal communication of offline casinos. Many people visit such casinos for this very reason.

[rhomelmabini]

Having said that, cryptocasino owners are getting bigger profits from crypto bets.

It's always is that the house will really be the one benefiting the most as this is pure business may it be offline or online, it's the same. The only way the players are profiting is to quit while they're ahead but if keeps on focusing to win more it'll end up to get rugged.

[rijaljun]

Casinos that are operating under blockchain? you mean something like Earnbet, Betfury? which gives you token whenever you are wagering? or you mean the thing wherein we can verify if our bets  were fair? I think that's the best in crypto casinos now we can verify that the bets were fair and can be checked publicly.

[traderethereum]

Having said that, cryptocasino owners are getting bigger profits from crypto bets.

It's always is that the house will really be the one benefiting the most as this is pure business may it be offline or online, it's the same. The only way the players are profiting is to quit while they're ahead but if keeps on focusing to win more it'll end up to get rugged.

We already see many stories about gamblers who can not quit after profiting from the gambling games.
But even if we know about that, we still playing gambling and not considering to stop gambling.
Maybe the greediness is the only thing that they have while they play. They want to get bigger winning money, which they can not get it.
Instead, to get another winning, they get losses for more, making them lose more money.

[btc78]

Wondering what you guys think about cryptocurrency casinos operating via the blockchain?

I know gambling is one of those topics some want to avoid, however as crypto is so volatile is anyone getting into it somehow gambling already?

Sorry but who avoids gambling topic?not unless you will post in Bitcoin discussion then for sure that is annoying lol.

Volatility cares nothing for Gamblers online because the Coins you bet is also the coins you gather for winning,means the value in dollar was not a concern .

Most cryptocurrency casinos are claiming to be running on the Provably Fair system, seeds are confirmed by you, unlike standard casinos which are confirmed in the back end and can therefore be rigged!

Well at least you mentioned one good points why we play in crypto casinos and not in fiat.

Other Casinos such as trustdice are offering free TXT tokens each time you play, others are now accepting debit and credit card payments to buy tokens directly without the need to head to coinbase, register, deposit, and send etc

What are your thoughts around this?

So here if goes thats why i'm curious why newbie post and just online for this thread,because of advertising for Trustdice lol.

But thats fine because this is a Crypto gambling site that is not getting into course of popularity.

[Debonaire217]

These cryptocurrency casinos might be already established before as they are accepting debit and credit cards aside from cryptocurrency. The reason is that most of the cryptocurrency casinos aren't really integrating banks right away. The possibility is that those casinos already transitioned from traditional online casinos to cryptocurrency casinos and those that are called "provably fair". Provably fair casinos are powered by smart contracts via blockchain, this makes it possible for the outcome of the bets to be transparent and verifiable. One problem here is that most of the gamblers aren't really trying to verify if the outcome is really valid. Only those who are really into the blockchain could understand. As an effect, those who are purchasing via traditional banks will not be able to really give their trust to the casino's provably fair characteristic.