Cryptocurrency Online Casinos

[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.