Fiat-betting to crypto+betting

[Bushdark]

Fiat betting was once the order of the day making online betting difficult to play mostly for international gamblers that have no access to international money transfer services like money gramme, PayPal, Wester Union and so many more. Online gambling was mostly difficult then but now. The regime of Bitcoin has made online transactions easier for everyone.

Gone are those days where you will have to queue in a betting shop to play bets(sport bet mostly)
Gone are those days where online betting is limited.
Gone are those days where there are few betting sites available for bet enthusiasts.
Gone are those days when gambling is for the rich.
Gone are those days where international sport betting transactions are stressful.
Gone are those days when people are afriad to buy Bitcoin.

Now we have some many altcoins that can be use to play bets online. We are gradually walking into the blockchain era. God bless Satoshi Nakamoto.

What advantage does the crypto betting has over Fait betting?

[fiulpro]

Crypto betting does provide a lot of advantages.
1. It's more private
2. It have more options
3. It's more varied and more games are available on the sites, more colourful as well.
4. The online betting is more successful while integrated with the crypto, online fiat betting is not that interesting for people ( very good for quarantine )
5. You can also bet internationally easier than betting with fiat hands down.
There are many more things as well, for me I prefer betting with cryptocurrencies since fiat doesn't come with much options.

[Fortify]

Fiat betting was once the order of the day making online betting difficult to play mostly for international gamblers that have no access to international money transfer services like money gramme, PayPal, Wester Union and so many more. Online gambling was mostly difficult then but now. The regime of Bitcoin has made online transactions easier for everyone.

Gone are those days where you will have to queue in a betting shop to play bets(sport bet mostly)
Gone are those days where online betting is limited.
Gone are those days where there are few betting sites available for bet enthusiasts.
Gone are those days when gambling is for the rich.
Gone are those days where international sport betting transactions are stressful.
Gone are those days when people are afriad to buy Bitcoin.

Now we have some many altcoins that can be use to play bets online. We are gradually walking into the blockchain era. God bless Satoshi Nakamoto.

What advantage does the crypto betting has over Fait betting?

I'm not sure what point you're trying to prove really but it seems like either your country has made fiat gambling illegal (in which case cryptocurrency betting would be off limits to you technically anyway) or you are blissfully  unaware of the hundreds of online fiat betting sites out there. In my country local currency betting has been online long before Bitcoin ever existed and the games are probably much the same as you see these days. There's obviously been upgrades in graphics, variety and convenience has improved - but it's been going for decades now. I think you are stuck in the mindset that only cryptocurrency or real world casinos exist when this has never been the case.

[Hamphser]

Now we have some many altcoins that can be use to play bets online. We are gradually walking into the blockchain era. God bless Satoshi Nakamoto.

What advantage does the crypto betting has over Fait betting?

The answer is obvious which is...

1. Anonymous or simply doesn't need any KYC or verification
2. Accessibility
3. Cheap fees
4. Wide variety of offered lines
5. Big wins doesn't need any verification

With these main points mentioned.Im aint surprised that people/gamblers
are really hooked into this one.

[AmoreJaz]

Crypto betting does provide a lot of advantages.
1. It's more private
2. It have more options
3. It's more varied and more games are available on the sites, more colourful as well.
4. The online betting is more successful while integrated with the crypto, online fiat betting is not that interesting for people ( very good for quarantine )
5. You can also bet internationally easier than betting with fiat hands down.
There are many more things as well, for me I prefer betting with cryptocurrencies since fiat doesn't come with much options.

aside from the above-mentioned advantages, what i do like about crypto betting is that you can bet small without a problem, even $1 a lot of bookies are already accepting this amount of bet, if you just want an interesting time while watching the game, and not really serious about how much you can get afterwards.
and definitely, the convenience of placing bets at the comfort of your home is a very good advantage these days because of the pandemic. i guess, that's one major reason why we are seeing a lot of new crypto bookie these days. they are finding out that a lot of sportsbettors are going into crypto online betting with the stated benefits.

[gagux123]

What advantage does the crypto betting has over Fait betting?

Well... we have several advantages and examples of crypto betting have already been discussed!!
What @rhomelmabini and @fiulpro said was a great examples.

I believe the best advantages are privacy, the wide range of betting options, it is very easy and convenient to play and I can also play on my smartphone.

[goinmerry]

Is it really necessary to discuss the advantages of crypto betting over fiat betting? For what? Encouragement?

Remember not all gamblers are crypto-oriented and simply just don't want to crypto. It will be biased if we will just push our own preferences to them. As long as gamblers are enjoying advantages at either fiat or crypto betting, that's what matters.

Choose what you preferred, simple as that.

[harizen]

It should be obvious that before, it's hard for the majority to play online because of few methods and lack of convenience compared to today. The technology of course becomes better while its progress.

Online betting is not always crypto betting. Fiat betting nowadays is also convenient to most people where deposits and withdrawals are instant and quick. The same goes for the advantages we are experiencing in crypto betting.

About privacy, it should also be obvious that any fiat-related transaction, especially if the bank account was linked thru a gambling site, it requires KYC. It was already common in fiat betting. In crypto, it should be not but let's accept the fact that maybe someday, a hard regulation might also reach the crypto-gambling site and KYC might be imposed. But for sure, it will only ask depending on the account status like big withdrawals, etc.

[tippytoes]

Is it really necessary to discuss the advantages of crypto betting over fiat betting? For what? Encouragement?

Remember not all gamblers are crypto-oriented and simply just don't want to crypto. It will be biased if we will just push our own preferences to them. As long as gamblers are enjoying advantages at either fiat or crypto betting, that's what matters.

Choose what you preferred, simple as that.

I believe not encouragement but the OP maybe is just happy to share the advantages that he found when he used the crypto betting method. Honestly, I haven't placed bet in fiat method and when I became oriented with crypto sportsbooks here, I found it very convenient for me and just place small bets on the sports that I am really interested with. But I do agree a lot of these sportsbettors are still fiat-based, but give it a time and a lot of them will be converted to this type of betting as they will discover about the perks brought by crypto betting.

[uneng]

The main advantage is that you don't need middlemen payment services like the ones you mentioned in OP which are well known for charging abusive fees due to regulations imposed by some countries. So you can gamble for longer at crypto casinos with less or the same amount of money you would need to gamble at a fiat casino for less time (and also because the bet size is more customizable at crypto casinos).

Moreover giveaways, promotions and benefits in general tend to be more generous at crypto casinos, what puts them ahead when comparing gambling sites on this aspect.

[Bushdark]

@Fortify: I have no dispute here. I am concerned about how Crypto betting is dominating every corners in the line of easy betting. No stress. Easy to play on international sites without stress of withdrawal/deposit.

@gagux123: privacy is an important part in crypto betting.

@tippytoes: The world is moving into crypto. Very soon crypto betting will dominate. Thanks

@harizen: The government may later come after crypto betting with kyc but I know there will be some platforms that will need no kyc. Government are stubborn but with time, crypto will be everywhere.

@goinmerry: With time gamblers that doesn't like crypto betting will like it. Everything will be better with time.

Note: I am not a crypto entusiatist so don't think I may be forcing things on you. My perception only. Thanks.

[sunsilk]

What advantage does the crypto betting has over Fait betting?

You can bet for any game that you want as long as it's on the book that you're betting in. Very convenient, fast and you don't have to pay that much fee for the transfer. Despite some altcoins have quite high fees lately, still, they're bearable and tolerable.

You send your own money and don't have to go through a third party that will take a cut of your deposit. We don't like that and everyone is starting to learn more about this innovation including the no coiners.

[Saint-loup]

Fiat betting was once the order of the day making online betting difficult to play mostly for international gamblers that have no access to international money transfer services like money gramme, PayPal, Wester Union and so many more. Online gambling was mostly difficult then but now. The regime of Bitcoin has made online transactions easier for everyone.

Gone are those days where you will have to queue in a betting shop to play bets(sport bet mostly)
Gone are those days where online betting is limited.
Gone are those days where there are few betting sites available for bet enthusiasts.
Gone are those days when gambling is for the rich.
Gone are those days where international sport betting transactions are stressful.
Gone are those days when people are afriad to buy Bitcoin.

Now we have some many altcoins that can be use to play bets online. We are gradually walking into the blockchain era. God bless Satoshi Nakamoto.

What advantage does the crypto betting has over Fait betting?

I'm not sure what point you're trying to prove really but it seems like either your country has made fiat gambling illegal (in which case cryptocurrency betting would be off limits to you technically anyway) or you are blissfully  unaware of the hundreds of online fiat betting sites out there. In my country local currency betting has been online long before Bitcoin ever existed and the games are probably much the same as you see these days. There's obviously been upgrades in graphics, variety and convenience has improved - but it's been going for decades now. I think you are stuck in the mindset that only cryptocurrency or real world casinos exist when this has never been the case.

You didn't get his point obviously : cryptocurrencies are incensurable bro. So even if his government wants to prohibit him from betting, or to put high taxes on gambling. Bushdark doesn't care. He can use an offshore crypto casino or sportsbook to bet as much as he wants without worrying about his authorities.

[gagux123]

Is it really necessary to discuss the advantages of crypto betting over fiat betting? For what? Encouragement?

Remember not all gamblers are crypto-oriented and simply just don't want to crypto. It will be biased if we will just push our own preferences to them. As long as gamblers are enjoying advantages at either fiat or crypto betting, that's what matters.

Choose what you preferred, simple as that.

Well, I still think it's valid for us to discuss these kinds of things. Of course, many things are obvious, others are not.

With the popularization of crypto, many people are migrating from gambling in FIAT to crypto (of course not all, but we have a significant portion).
Another point that I think is valid, not all people like crytpo gambling, they may prefer gambling in fiat, because of the convenience and because they already know how everything works.
There may be people who are afraid to use crypto gambling and it is at this time that I find it interesting to explain and publicize the positive and negative points of crypto gambling.

[Stedsm]

I used to gamble on very few websites which allowed me to deposit fiat but with hefty fees (as I belong to India) and I was required to pay those high fees to gamble. But nowadays, those fees in fiat are also slashed down very much due to crypto being the second major option as funding in gambling.

And not just that, even crypto gambling websites allow me to deposit via fiat directly without any fees and I get to see the funds in my account almost instantly. Crypto has changed the look of gambling industry in an immense way.

[Bushdark]

@gagux123: Many may be afraid, why? They lack knowledge that is why they think Fiat is the best. Have a taste of another food and speak the best. If you want to publicize about crypto, enlighten me too. Learning continues.

 @Saint-loup: Lolzzzz I don't care if the government choose to tax us more. What happens to the tough? ...keep going!

[Slow death]

there is another big advantage of cryptocurrencies which would be:

when a person bets 0.001 BTC and the bitcoin exchange is at $30,000, then the person wins a bet and have 0.002 BTC and after a few months the price rises to $60,000 the person manages to make a profit with a bet and still profit with bitcoin increase, this in my opinion Is fantastic

[Naficopa]

Fiat betting was once the order of the day making online betting difficult to play mostly for international gamblers that have no access to international money transfer services like money gramme, PayPal, Wester Union and so many more. Online gambling was mostly difficult then but now. The regime of Bitcoin has made online transactions easier for everyone.

Gone are those days where you will have to queue in a betting shop to play bets(sport bet mostly)
Gone are those days where online betting is limited.
Gone are those days where there are few betting sites available for bet enthusiasts.
Gone are those days when gambling is for the rich.
Gone are those days where international sport betting transactions are stressful.
Gone are those days when people are afriad to buy Bitcoin.

Now we have some many altcoins that can be use to play bets online. We are gradually walking into the blockchain era. God bless Satoshi Nakamoto.

What advantage does the crypto betting has over Fait betting?

I agree with everything you wrote and I also think that gambling is one of the industries that have developed the most thanks to Blokchain.
In my opinion, the most important thing Blokchein gives gambling is the ability to play fair and check every draw.
The second most important thing is simply anonymity.

[harizen]

@harizen: The government may later come after crypto betting with kyc but I know there will be some platforms that will need no kyc. Government are stubborn but with time, crypto will be everywhere.

It's expected and the fact there are gambling sites already that imposed a mandatory KYC. Game license providers are the ones being pressured.

Everyone should be ready for that. It's just unfortunate that we might not soon experience the very first reason why we choose crypto-betting. But today, just enjoy the privilege and perks we are experiencing playing in our favorite crypto-gambling sites.

[milewilda]

there is another big advantage of cryptocurrencies which would be:

when a person bets 0.001 BTC and the bitcoin exchange is at $30,000, then the person wins a bet and have 0.002 BTC and after a few months the price rises to $60,000 the person manages to make a profit with a bet and still profit with bitcoin increase, this in my opinion Is fantastic

One of the benefits that you could get is that on the time you do make out some gambling here on crypto at the same time those money/coins you had accumulated could possibly able to increase up
even more if you do tend to hold then the more profits you could get aside from gambling but well it isnt really that ideal to combine or collide up gambling activity into investment because
this is something different and people wouldnt really be minding that area if they are playing on or with gambling. Crypto is much preferable because of anonymity
and the easiness of accessing those sites.