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Author Topic: How long until we can bet with bitcoin in real life casinos?  (Read 1320 times)
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November 20, 2020, 09:29:18 PM
 #201


That is why I wrote that this is the second cause. However, it happens to be. How many ordinary casino visitors have heard about Bitcoin? How many have used it, how many people from them will want to create their own lightning node? Chips in casinos can be bought for fiat currency much easier and faster.
Yes you're right, but if you want to gamble undeclared or illegal money, it's more convenient to bring a smartphone than huge amounts of banknotes.

I always play on honestly earned money so I have nothing to hide or hide. I think that someone who has dishonestly earned Bitcoins is unlikely to go to an ordinary casino. After all, there are cameras installed there and if he is wanted by the police at his Bitcoin address  they will easily find information about what he looks like and can further identify him.
I'm not sure about that, on blockchain you can just see adresses and nothing else, so nobody knows what you have done or sold to get those coins.
So what you are saying only applies to major traffickers IMO.
Moreover mixer services offer a pretty good anonymity.

We all know that some countries have systems that can track transactions on the network. A person may not have done anything wrong he may have cooperated with a person who paid for his services with bitcoins from a dirty address. And this is how the police can detain him to find out because their addresses will be interconnected.
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November 20, 2020, 10:26:30 PM
 #202

Exactly that is what has come in my mind after I have read the title of this thread. Anonymity.

But that could be a reason for different institutions and companies to promote it. Think about your wallet address is linked to a service where you have done KYC to.  Shocked

Personally, I do not see any problems with anonymity. All you have to do is pretend that you have never used BTC before.

You can send a deposit to a new BTC address unrelated to your other addresses via exchanger. There are other options, such as using CoinJoin technology to top up your casino address.

Of course. But how many know this or know that, but still don't do it?
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November 20, 2020, 10:59:02 PM
 #203

<snip>
 In my country many casino center accept bitcoin for payment which you can bet anytime with any amount of money of your choice to win.
This can happen in your country then Bitcoin will soon be use in real life casinos. Though with the current momentum from Bitcoin could be a helping hands for this to be actualize, with the growing rate of adoption in the land with Bitcoin and major mainstream industries and institutions getting into the industry will surely bring into play this usage of Bitcoin in real life as it has started in your country.
Good thing in your country already adopts to use bitcoin payment that anytime a person can bet with no hesitation of using. But, in my country it's a long way to go to make it happen since some people here doesn't know yet about bitcoin existence though there are people already knew it but the adoption is not fully occurred. So this really shows it depends on a country action to make use of bitcoin in real life casinos.
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November 20, 2020, 11:15:17 PM
 #204

<snip>
 In my country many casino center accept bitcoin for payment which you can bet anytime with any amount of money of your choice to win.
This can happen in your country then Bitcoin will soon be use in real life casinos. Though with the current momentum from Bitcoin could be a helping hands for this to be actualize, with the growing rate of adoption in the land with Bitcoin and major mainstream industries and institutions getting into the industry will surely bring into play this usage of Bitcoin in real life as it has started in your country.
Good thing in your country already adopts to use bitcoin payment that anytime a person can bet with no hesitation of using. But, in my country it's a long way to go to make it happen since some people here doesn't know yet about bitcoin existence though there are people already knew it but the adoption is not fully occurred. So this really shows it depends on a country action to make use of bitcoin in real life casinos.
I feel you mate. Using real Bitcoin for gambling is really far from happening. Not that our country is also banning crypto but for the reason that none of these casinos are accepting it. That is why I gamble online so I can make use of my cryptos aside from converting it to fiat money.

Well, I'm not sure if this already been happening to other countries since hearing that many Bitcoin ATMs are seized due to lack of license to operate and I'm not sure as well if casinos are willing to acquire these machines for that sake.
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November 21, 2020, 11:45:59 AM
 #205

Good thing in your country already adopts to use bitcoin payment that anytime a person can bet with no hesitation of using. But, in my country it's a long way to go to make it happen since some people here doesn't know yet about bitcoin existence though there are people already knew it but the adoption is not fully occurred. So this really shows it depends on a country action to make use of bitcoin in real life casinos.
I think that this is the situation now in many countries of the world. People have heard about Bitcoin, but they do not use it in everyday life and therefore do not perceive it as part of reality. Although the probability that bitcoin will be used in a real casino is much higher than paying for purchases in a store with bitcoin. In any case, bitcoin must first be legal in your country, then it will be accepted.

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November 24, 2020, 09:06:00 AM
 #206

~I am very sure that in the next few years, Bitcoin will begin to be used as an exchange (a type of coin) in many casinos to make it easier for users,

It's happening already in some land based casinos: you can pay for food and services with BTC, and you can rent a room with it, and you can exchange your Bitcoin for cash in ATMs, conveniently placed on the casino premises. And when most places will recognize BTC as money, you will be able to buy anything with it, including casino chips.

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November 24, 2020, 10:10:11 AM
 #207

~I am very sure that in the next few years, Bitcoin will begin to be used as an exchange (a type of coin) in many casinos to make it easier for users,

It's happening already in some land based casinos: you can pay for food and services with BTC, and you can rent a room with it, and you can exchange your Bitcoin for cash in ATMs, conveniently placed on the casino premises. And when most places will recognize BTC as money, you will be able to buy anything with it, including casino chips.
What name of the casino who is accepting bitcoin for the payment or for the chips?. We know there is a lot of store accepting the bitcoin including online and even the traditional store are accepting this coin so I glad there is a lot of business accepting crypto hoping to see an altcoins o like ethereum and ripple which is more advatanges in transaction fees which is much lower than the bitcoin.
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November 24, 2020, 10:15:45 AM
 #208

I think here in my country there is a land based casinos accepting Bitcoin already, but of course the majority of the
gamblers here are not quite familiar with Bitcoin that's why most of the Bitcoin fanatic they've used to play in online in cryptocurrency
Just like we saw here in crypto space.
I think that is possible because we know that bitcoin adaptation is visible to other areas of the country. We know that it is good when bitcoin is adapted not only to the bitcoin community but also to the one who will going to use bitcoin as part of their advancement having a secured and irreversible transactions. Many had thought of this to be integrated but I think it needs some platform that could be use to transact bitcoin and fiat conversion vice versa.

Integrating bitcoin would be a good decision of the fiat casinos, they will adopt because they are seeing the potential to increase their revenue, however, talking about regulation, it's not easy if the government would want to ensure that money laundering is being avoided. I'm not against on it or saying it's impossible but I believe it will take time to study for this matter to be adopted.

This is not as easy as we think of it because of the current situation of Bitcoin in some part of the world where they still don't recognize it as safe investment. there are some countries who still hostile to bitcoin where they making it illegal on their people to own them. nevertheless, we are from for that kind of scenario and we still need to promote the use of it to gather more people to join us using bitcoin as a means of payment or any other services.

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November 24, 2020, 11:16:28 AM
 #209

In a thread read about users requesting payout on poker in terms of bitcoin. This means people and gambling platforms are getting used to bitcoin in real casinos. If bitcoin usage is legalized automatically casinos will start accepting and enrich the usage of cryptocurrencies. As very few countries have given legal support to cryptocurrency usage as currency we need to have patience depending on the country we reside.

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November 24, 2020, 06:31:00 PM
 #210


This is not as easy as we think of it because of the current situation of Bitcoin in some part of the world where they still don't recognize it as safe investment. there are some countries who still hostile to bitcoin where they making it illegal on their people to own them. nevertheless, we are from for that kind of scenario and we still need to promote the use of it to gather more people to join us using bitcoin as a means of payment or any other services.

what is interesting about countries banning bitcoin is that they'll just stay behind in terms of innovation
when people talk about the great economic reset this should be included:
countries that change part of their treasures to crypto will definitely have an advantage.

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November 24, 2020, 07:33:56 PM
 #211

I think here in my country there is a land based casinos accepting Bitcoin already, but of course the majority of the
gamblers here are not quite familiar with Bitcoin that's why most of the Bitcoin fanatic they've used to play in online in cryptocurrency
Just like we saw here in crypto space.
I think this is one of the reasons why adoption is slowing down, we want businesses to accept bitcoin as a form of payment and that is completely natural but at the same time we do not want to spend it and we are holding it in the hopes the market does what it is doing right now and skyrockets, so businesses eventually realize that there are not a lot of people using their bitcoin to pay for their services and then they decide to drop this form of payment and then we complain about it.

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November 24, 2020, 09:09:18 PM
 #212

I think here in my country there is a land based casinos accepting Bitcoin already, but of course the majority of the
gamblers here are not quite familiar with Bitcoin that's why most of the Bitcoin fanatic they've used to play in online in cryptocurrency
Just like we saw here in crypto space.
I think this is one of the reasons why adoption is slowing down, we want businesses to accept bitcoin as a form of payment and that is completely natural but at the same time we do not want to spend it and we are holding it in the hopes the market does what it is doing right now and skyrockets, so businesses eventually realize that there are not a lot of people using their bitcoin to pay for their services and then they decide to drop this form of payment and then we complain about it.

If the system was already added to the payment process, chances that gamblers who have bitcoin will be there even if the value is pumping, gambler will always be a gambler, any resources that they'll have will surely be use  once the calling for gambling are there. Business owners needs to realize this as it will benefits them in the long run.

In anyhow, it's the owner who will see this once research and studied is already done and if they'll see opportunities expect them to take part, now we still need to wait if how owners will  take this and when they will add this as payment process..

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November 24, 2020, 09:46:15 PM
 #213

I think here in my country there is a land based casinos accepting Bitcoin already, but of course the majority of the
gamblers here are not quite familiar with Bitcoin that's why most of the Bitcoin fanatic they've used to play in online in cryptocurrency
Just like we saw here in crypto space.
I think this is one of the reasons why adoption is slowing down, we want businesses to accept bitcoin as a form of payment and that is completely natural but at the same time we do not want to spend it and we are holding it in the hopes the market does what it is doing right now and skyrockets, so businesses eventually realize that there are not a lot of people using their bitcoin to pay for their services and then they decide to drop this form of payment and then we complain about it.

If the system was already added to the payment process, chances that gamblers who have bitcoin will be there even if the value is pumping, gambler will always be a gambler, any resources that they'll have will surely be use  once the calling for gambling are there. Business owners needs to realize this as it will benefits them in the long run.

In anyhow, it's the owner who will see this once research and studied is already done and if they'll see opportunities expect them to take part, now we still need to wait if how owners will  take this and when they will add this as payment process..

I believe some land-based casinos are already thinking about adding crypto as part of their payment system.
Here, the article published last 2018 already mentioned about one casino already offering bitcoin gambling - https://www.gamblingsites.com/blog/bitcoin-at-land-based-casinos-63263/

"The only brick-and-mortar casino that currently offers Bitcoin gambling is the Merit Hotel Nicosia in Cyprus."

So I believe with this pandemic still around, I am more than positive that some offline casinos are already thinking about crypto payment.
We will see in the next coming years about this kind of development and I believe it will not be long.
Maybe, they are also taking into consideration about the laws and regulations pertaining to crypto.


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November 24, 2020, 09:59:59 PM
 #214

I think this is one of the reasons why adoption is slowing down,

Maybe paypal will accelerate the adaption of bitcoin when they will start with paying in bitcoin next year.
But don't think Im happy with paypal
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November 24, 2020, 10:02:55 PM
 #215


This is not as easy as we think of it because of the current situation of Bitcoin in some part of the world where they still don't recognize it as safe investment. there are some countries who still hostile to bitcoin where they making it illegal on their people to own them. nevertheless, we are from for that kind of scenario and we still need to promote the use of it to gather more people to join us using bitcoin as a means of payment or any other services.

what is interesting about countries banning bitcoin is that they'll just stay behind in terms of innovation
when people talk about the great economic reset this should be included:
countries that change part of their treasures to crypto will definitely have an advantage.
Cryptocurrency will lead the world very soon over physical fiat. Commonly, people can change their minds anytime. If they want they can stop using physical fiat and start to use cryptocurrency in their daily lives if they have a permit to use it in their country. Legalization is the main fact here.
In this way, the betting house can start accepting bitcoin as their payment method then it can be used. Many organizations already started it and many houses accepting it through crypto. If the country has permission then there are no obstacles to use it randomly.

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November 24, 2020, 11:56:15 PM
 #216

It will probably happen if Bitcoin is accepted in many more countries and also common as the means of payment. Well, so far, not all casinos accept BTC and cryptocurrency as the means of payment. Some online casinos do that. The problem is not only by their readiness to accept that payment and mechanism. Moreover, it is about the volatility of the Bitcoin price. And now, not all of the offline gambling players are usual for Bitcoin and crypto. this may make sense

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November 25, 2020, 03:58:33 AM
 #217

During the lockdown many gambler empty their wallet because of the steady gambling they where spending their money for, hope they we win before the end of the pandemic for them to recover all their money, they have spend during the period of pandemic. Winning is not how you gamble all the time, that will make you win your bet in a casino center.
I use to bet twice in a week which was really helping me in real life casino, that is making people to call me professional gambler. It is better you bet with some days in real life casino to be happy with your bet than you bet all the time in a gambling center which will reduce your wealth to zero level you keep losing in the casino center.

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November 25, 2020, 05:21:37 AM
 #218

If bitcoin can be used in many casinos in many countries, maybe we will see many gamblers try to use bitcoin to gamble because they can convert their money first before they visit the real-life casino. Maybe only for some casino that we don't know where it places that already that used bitcoin. But we have many online casinos that use bitcoin, and that is what we saw today. But the gambling industries will grow in the future, and we will see many new crypto gambling sites launches as the cryptocurrency will grow fast in the future. If the crypto can reach more people and more businesses, including the gambling industry, that will give a chance for bitcoin to be used for a gamble or the payment system. Until that time, we can use online gambling to gamble and not use the real-life casino to gamble because by using the online gambling website, we can prevent to reveal our identity.

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November 25, 2020, 05:53:40 AM
 #219

If bitcoin can be used in many casinos in many countries, maybe we will see many gamblers try to use bitcoin to gamble because they can convert their money first before they visit the real-life casino. Maybe only for some casino that we don't know where it places that already that used bitcoin. But we have many online casinos that use bitcoin, and that is what we saw today. But the gambling industries will grow in the future, and we will see many new crypto gambling sites launches as the cryptocurrency will grow fast in the future. If the crypto can reach more people and more businesses, including the gambling industry, that will give a chance for bitcoin to be used for a gamble or the payment system. Until that time, we can use online gambling to gamble and not use the real-life casino to gamble because by using the online gambling website, we can prevent to reveal our identity.
Well in some casinos like in the real casino are already accepting bitcoin when betting. If you are familiar with e-games or e-casino that are accepting digital currency may it be fiat currency or via load wallet (certain digital currency in a card use only for gambling). If bitcoin will be integrated then there is no problem with that because it has been started already. I can guarantee that using bitcoin in betting is really an ideal for being an anonymous and the bad people around that are only watching and waiting for you to go home robbing you out could no longer trace you or someone in betting. It will make betting secured.
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November 25, 2020, 07:09:33 AM
 #220


This is not as easy as we think of it because of the current situation of Bitcoin in some part of the world where they still don't recognize it as safe investment. there are some countries who still hostile to bitcoin where they making it illegal on their people to own them. nevertheless, we are from for that kind of scenario and we still need to promote the use of it to gather more people to join us using bitcoin as a means of payment or any other services.

what is interesting about countries banning bitcoin is that they'll just stay behind in terms of innovation
when people talk about the great economic reset this should be included:
countries that change part of their treasures to crypto will definitely have an advantage.
Cryptocurrency will lead the world very soon over physical fiat. Commonly, people can change their minds anytime. If they want they can stop using physical fiat and start to use cryptocurrency in their daily lives if they have a permit to use it in their country. Legalization is the main fact here.
In this way, the betting house can start accepting bitcoin as their payment method then it can be used. Many organizations already started it and many houses accepting it through crypto. If the country has permission then there are no obstacles to use it randomly.

As of now i didn't see any good sign that cryptocurrency will take over the dominance of fiat currency circulating around the whole nation of one country. May be crypto will become one of the currency that will revolve around a global economic but this can't subside as currency circulating inside of one country. Still the used of fiat currency of a particular country would still be the prefer currency and a plus factor if the people knows how to deal with bitcoin for business or investment purposes.

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