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Author Topic: Crypto betting vs Fiat betting  (Read 283 times)
timerland
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January 13, 2022, 12:36:06 AM
 #21

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.

In terms of security you are probably going to find fiat ones better.

Fiat sportsbooks are generally going to be more regulated than the crypto ones, and barring account suspensions they are legally liable to hold your funds securely for you.

There is a lot less regulation but a lot more efficiency in the online crypto sportsbook space. The odds are going to be slightly worse but I think that's worth it.

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January 13, 2022, 01:49:02 AM
 #22

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.
The use of crypto is seemed to be our big advantage as we can make a deposit directly to our account anytime which gives convenience to gamblers, unlike fiat. If that particular site will accept crypto, I'd prefer to use crypto as well. I don't think fees really matter but probably it was the time consumed when using fiat money. I'd rather spend a few bucks for the fees to send crypto than spend more time going outside.
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January 13, 2022, 02:59:30 AM
 #23

The use of crypto is seemed to be our big advantage as we can make a deposit directly to our account anytime which gives convenience to gamblers, unlike fiat. If that particular site will accept crypto, I'd prefer to use crypto as well. I don't think fees really matter but probably it was the time consumed when using fiat money. I'd rather spend a few bucks for the fees to send crypto than spend more time going outside.

The convenience aspect of using cryptocurrency is the reason why on my end I do prefer to use cryptocurrency to pay on my bets whenever I am participating in any sports betting. I mean like for example, I would be going to place a bet on boxing fights then the currency that I need to use to pay for my bets is a different money denomination then I have no choice but to transfer my fiat into that denomination like $. I believe that is also the main advantage of using cryptocurrency to others.
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January 13, 2022, 03:18:21 AM
 #24

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.

The answer to this I very subjective and varies as per person preferences. There's always a pros and cons when using both crypto and fiat. Crypto is perfect if you want to bet with privacy while fiat is perfect is you are always a law conscious person and you want to track all your expenses in fiat terms. So overall crypto is much better to fiat if you want a hassle free online gambling experience because no one knows what's your gambling activities.

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January 13, 2022, 04:59:30 AM
 #25

Crypto users will answers betting use crypto is more good than Fiat and Fiat users also will be opinion betting use Fiat is better than crypto so as the posts above said this could be subjective depend on people thought because both of ways have their own advantages and disadvantages however because this is crypto forum which plenty of us using crypto for our gambling activities then possibly gambling using crypto will dominated the answers

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January 13, 2022, 06:02:42 AM
 #26

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.
There is no best method to bet as that will depend on you.
What method do you think can give you comfortable feelings to bet, that is what you should choose.
You do not have to follow the other people as they will have their own method and basically, we choose what we want based on something that we can enjoy and accept with something that may happen later.
Both ways, fiat money and crypto are secured and fast as long as you can know how to secure it.

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January 13, 2022, 06:20:17 AM
 #27

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.
I think crypto betting is the best method and using the advantage of placing my bets anonymously without or avoid going to a betting shop to bet via fiat i.e using traditional money, in my country many people has negative perspection of people who goes to betting shops to place bet as gamblers and irresponsible people, however since I adopted the of use crypto for my daily transactions, I also utilizes it to bet online and swiftly all the transactions is securely done in my house.

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January 13, 2022, 06:25:44 AM
 #28

With the covid-19 outbreak and the need for social distance, you should rather use more online betting sites to avoid having contact with cash and people so I will suggest you more of cryptocurrency than paper money, if you are familiar with online crypto casinos it is easy and fast to deposit and use with low fees.
I suggest cryptocurrency betting to enhance strict social distance to minimize the spread of the virus.
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January 13, 2022, 09:13:45 AM
 #29

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.
There are only two options that you need to do in soccer betting.
• Option one: online/gambling sites, they offer many types of crypto, depending on what you use, all types are good, Bitcoin is even better, good to use.
• Option two: Seriously, if you're betting on soccer betting, live venues in your neighborhood, it's best to use paper money.

Addition: talking about betting using the best currency, if you use an online site outside this forum, they mostly don't use crypto options, you can use paper currency in your country for betting, Of course you have to choose an online gambling site that is honest and responsible.
If you play on online gambling sites in this forum, make sure the best is crypto currency, doge and Bitcoin are also top.

R


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January 13, 2022, 11:28:07 AM
 #30

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.
If that casino offers to use crypto, you can use crypto and lucky you, we have so many good casinos that have those options so you can use crypto to place your bet. I never use fiat money to gamble but I have some experience playing gambling in some casinos using crypto and I like that because we have so many coins that we can use to gamble. Using crypto is more secure and fast and the best part is you can gamble without revealing your identity on some casinos that do not require KYC.

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January 13, 2022, 12:23:12 PM
 #31

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.
If that casino offers to use crypto, you can use crypto and lucky you, we have so many good casinos that have those options so you can use crypto to place your bet. I never use fiat money to gamble but I have some experience playing gambling in some casinos using crypto and I like that because we have so many coins that we can use to gamble. Using crypto is more secure and fast and the best part is you can gamble without revealing your identity on some casinos that do not require KYC.
Now the time has come that any use of fiat cannot take place without identity verification.  But in the case of cryptocurrency, there are still options for the anonymity of your identity.  In those casinos that do not require KYC.  This is a huge plus, because there are many different situations in life when a player would like to remain anonymous, for example, he hides that he is addicted to gambling from his family or is simply afraid that someone will find out about his money and will blackmail him.  Many such circumstances can be grounds for anonymity.  And cryptocurrency without KYC is now the last option to remain anonymous.

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January 13, 2022, 12:30:58 PM
 #32

Fiat sportsbooks are more secure for me, but if you like to enjoy anonymity then crypto sportsbook is the answer for you. The secret here is don't risk all you got in one sportsbook as that would help you minimize the risk. Actually, I have been gambling for years using a crypto sportsbook and I'm happy to tell you that I did not encounter any serious problem.

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January 13, 2022, 12:54:58 PM
 #33

Crypto is always my first choice when it comes to betting since I don't have to go through the extra verification stuff unlike with fiat sportsbooks plus the services are good enough as crypto sportsbooks are slightly getting competitive.

It also depends on your criteria since there are people who don't mind getting verified and tbh fiat sportsbooks are still miles better than most crypto sportsbooks(promotion, odds, markets,etc). Instead of comparing the two, it's better to look at which currency would be the best in your case.

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January 13, 2022, 01:03:04 PM
 #34

Go all-in for online gambling as it offers you the best privacy and easy means if playing gambling games, it deposits are easy and fast so I will advise you to choose online gambling over physical casino.

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January 13, 2022, 01:03:23 PM
 #35

If this would particularly pertain to online usage, then I think crypto betting would be convenient. Although this would depend on the users’ preferences of course, because in crypto there would be lesser regulation compared to fiat, as already stated by the others. Moreover, there would be higher fees, but all of this do add up for the efficient flow of transactions. Nonetheless, the choice would be depending on the user’s preferences, environment, currency, and even financial capacity.

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January 13, 2022, 01:25:07 PM
 #36

It depends on your personal choice but I usually prefer betting using cryptocurrency especially if the market is in a good situation. I also find it more convenient since most gambling sites these days support lots of cryptocurrencies. Online gambling is also a hit during this pandemic so I believe that it's wiser to use crypto than fiat which is traditionally being used in physical casinos.
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January 13, 2022, 01:31:47 PM
 #37

I don't gamble with fiat... I am only crypto! Before (like +15 years) it was complicated to gamble with fiat, it was hard to deposit and even harder to withdraw, so local casinos were the best option! With crypto I started to gamble online, easy access without much hassle, fast deposit and withdraws, no stupid procedures, and of course choice of games was amazing! And now after all those years, I don't even think to gamble with fiat!

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January 13, 2022, 01:46:47 PM
 #38

It depends on the situation because if you are in an actual casino and they require a fiat then you do not have a choice; typically, there are only a few casinos that accept bitcoin as payment, so their primary payment method is fiat; however, in an online casino, bitcoin is one of their payment methods, and you can choose whether to pay with fiat or cryptocurrency. My preference is for cryptocurrency when shopping online, but fiat is the best option when shopping in person.
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January 13, 2022, 01:49:34 PM
 #39

I think whIch way is the best way to bet always comes down to the odds first and foremost. Once you’ve kind of honed in on that then you decided from there.  I guess technically your cost basis of your bitcoin comes in to play. Personally I stated gambling again once I found out that there were online casinos accepting bitcoin. It just makes things so much easier when it comes to deposits and withdraws. For me personally I prefer using bitcoin.

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January 13, 2022, 02:11:14 PM
 #40

it depends on you, I think because all of them have risks and advantages and disadvantages of each.
on the other hand it may be different because it refers to the experience and desires of each person.
maybe in terms of crypto this will be more profitable because they don't have rules that are too difficult to run in contrast to fiat.
but it will definitely get pros and cons from some parties

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