Gambling Dapps - Are They Really The Future Of Online Gambling?

[BitAnaBit]

Theoretically, gambling Dapps seem to have a huge potential to dominate the online gambling market, but it feels like they haven't quite achieved it.

In an industry where players really want guarantees that the service provider is fair, one figures they'd be profitable and popular, right?

I mean, they often offer:
- Low costs for the operators, meaning a lower house edge for the players.
- Distributed earnings, via tokens.
- More transparency.
- Provably fair games.
- Gambling directly from the wallet, without the need for deposits and withdrawals.
- More anonymity.

So why haven't they really taken off as they should? Will Bitcoin's recent (one hopes) recovery help them achieve their potential? Or are they really not meant to be?

I can see a few reasons why they haven't dominated online casinos in general and even other cryptocurrency-friendly but not fully blockchain-friendly brands:
- There is a limited amount of currencies available, and BTC itself is not by any means ever present.
- They tend to look "rougher" than their counterparts, and that rough feel can make them seem shady.
- Online casinos are heavily regulated in many promising markets, and the local regulators aren't "warm" to cryptocurrencies and blockchain technology, to say the least. Not to mention that those regulations often go against the core principles of decentralized apps.
- The lack of fiat payments does mean they are bound to be niche.
- There are definitely fewer games and gambling options available.
- The fact they often don't have promotions can be a bit off-putting.

Do you agree?

PS: If you're new to gambling Dapps and the technology behind them, you can read more here:
https://casinosblockchain.io/best-gambling-dapps/

There is also a shortlist of well-rounded casino Dapps, which are newcomer-friendly.

[TimeTeller]

I understand Gambling Dapps have advantages as what you presented here.
Have played in several of them and your bet is automatically recorded in the blockchain which is very transparent.
But gamblers are still used to play directly with known alts like btc or xrp or doge.
In Dapp gambling site, usually they convert it to their native token once you deposited any of the accepted cryptocurrencies.
I agree there are some advantages of playing in a dapp site but most gamblers want to stay to where they are comfortable with.

[2double0]

I see we are too much indulged in casino gambling where we use websites mostly and those websites also have their apps built. Dapps is a very different and new approach and I don't know if it has come to btc gamblers. I would welcome any dapps which allow us instant withdrawals and I need a big list with some reviews as nobody will blindly trust you and start playing on those dapps list you gave.

[coupable]

When i think about why there isn't gambling Dapps in the gambling industry despite Dapps have been tested since a good long time and utility approved, i find it somehow strange as what you op presented here.
I think one of the main reasons is that the platform should always be centralised to make more profits and easly add updates. I think it's also not that easy to maintain a Dapp running with more than one currency in totally different blockchains.
I am not an expert, this is just how i think of it .

[GeorgeJohn]

From my perspective it's obvious and very clear to the blind that hundred percent of people in world it's possible for only seventy nine percent  people to login online due to online activity especially gambling, because the total numbers of people that adventure into soccer gambling and also casino gambling is very high in terms of traffic, so there is no room for doubt or agitating concerning future online users because majority login online because of gambling of different kind's.

[BitAnaBit]

I agree there are some advantages of playing in a dapp site but most gamblers want to stay to where they are comfortable with.

That's a very valid point. Dapps do tend to support very few currencies, and even those supporting BTC often have the gameplay itself in specific altcoins indeed.

That can certain limit their potential, and it's something that most Dapps can't really overcome, without a bigger player-base and more resources.

I think it's also not that easy to maintain a Dapp running with more than one currency in totally different blockchains.

I'm not a developer myself, but yes, they probably require certain technical know-how and more internal development than regular casinos. New casinos getting started can easily buy a turnkey-solution with everything already prepared. That's certainly trickier with gambling Dapps.

However, that doesn't explain why they're not more popular with players themselves. If more players demanded Dapps, more gambling websites would be interested in offering them, I suppose.

I need a big list with some reviews as nobody will blindly trust you.

That's perfectly reasonable. Dapps are indeed a bit niche, so it's normal that you're a bit wary. We already have reviews for a few Dapps on our website (such as Earnbet and CasinoFair, although nowhere near as many as we'd like. Since we understand that our opinion isn't enough to fully evaluate a brand, we have user comments enabled on all our casino and Dapp reviews. You're more than welcome to leave your opinion there, and so is everybody else. The more, the merrier!

If you're looking for other sources (which is always a good idea), DappRadar.com also offers a comprehensive list of gambling Dapps and plenty of information about them.

[rodskee]

So why haven't they really taken off as they should? Will Bitcoin's recent (one hopes) recovery help them achieve their potential? Or are they really not meant to be?

You have already answered this mate and here it is.

I can see a few reasons why they haven't dominated online casinos in general and even other cryptocurrency-friendly but not fully blockchain-friendly brands:
- There is a limited amount of currencies available, and BTC itself is not by any means ever present.
- They tend to look "rougher" than their counterparts, and that rough feel can make them seem shady.
- Online casinos are heavily regulated in many promising markets, and the local regulators aren't "warm" to cryptocurrencies and blockchain technology, to say the least. Not to mention that those regulations often go against the core principles of decentralized apps.
- The lack of fiat payments does mean they are bound to be niche.
- There are definitely fewer games and gambling options available.
- The fact they often don't have promotions can be a bit off-putting.

Do you agree?


PS: If you're new to gambling Dapps and the technology behind them, you can read more here:
https://casinosblockchain.io/best-gambling-dapps/

There is also a shortlist of well-rounded casino Dapps, which are newcomer-friendly.

This all remarks answers everything ,specially those Highlighted facts that supports the idea of Gambling Dapps don't get the attention and trust of crypto community most on the gambling industry.

Bitcoin and Fiat though always being compared and having debates are the 2 major factor why gambler will entrust their Money and,effort and time but having this limited or totally not available questions the capacity and the ability and also the legitimacy of the said Decentralized APPs in gambling.

Maybe this will take more time,Needed to get gambling community attention and trust first then we will go another step.

[gargusio]

From my perspective it's obvious and very clear to the blind that hundred percent of people in world it's possible for only seventy nine percent  people to login online due to online activity especially gambling, because the total numbers of people that adventure into soccer gambling and also casino gambling is very high in terms of traffic, so there is no room for doubt or agitating concerning future online users because majority login online because of gambling of different kind's.

What?

[BitAnaBit]

So why haven't they really taken off as they should? Will Bitcoin's recent (one hopes) recovery help them achieve their potential? Or are they really not meant to be?
This all remarks answers everything ,specially those Highlighted facts that supports the idea of Gambling Dapps don't get the attention and trust of crypto community most on the gambling industry.

Bitcoin and Fiat though always being compared and having debates are the 2 major factor why gambler will entrust their Money and,effort and time but having this limited or totally not available questions the capacity and the ability and also the legitimacy of the said Decentralized APPs in gambling.

Maybe this will take more time,Needed to get gambling community attention and trust first then we will go another step.

So, in your opinion, at least for the time being, the drawbacks of Dapps (few accept BTC, no fiat payments) really outweigh their advantages?

I definitely understand the concerns with legitimacy. Also, might Dapps need to first find a way to make Bitcoin payments more widespread, which is a technological hurdle.

But I still believe they are, at the very least, a good idea. Decentralized gambling has all the potential to be more reliable, fairer, and more innovative than non-decentralized gambling.