Cryptocurrency Online Casinos

[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.

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[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.