Bitcoin-instant credit??

[adzino]

I don't think any casino would want to do an instant deposit without network confirmation. That would be too risky and gamblers would abuse it. They will require at least 1 network confirmation.
Imagine a casino offering instant deposit without network confirmation. Users would send bitcoin, do a quick bet, if they lose, they would try to double spend. The casino would be losing a lot. Not worth the risk for the casino.

[wildan88]

I don't think any casino would want to do an instant deposit without network confirmation. That would be too risky and gamblers would abuse it. They will require at least 1 network confirmation.
Imagine a casino offering instant deposit without network confirmation. Users would send bitcoin, do a quick bet, if they lose, they would try to double spend. The casino would be losing a lot. Not worth the risk for the casino.

In the past, there have been a number of sites that processed a transaction as soon as you made a deposit. But because of the double spend, there has been too much fraud, and administratively this is too difficult for a site to keep track of. Sites have the best intentions so that players see their deposit credited as soon as possible, but they still use at least 1 confirmation from the network. It doesn't take that long these days, at most 20 minutes. But often a few minutes, provided there is enough fee.

[DoublerHunter]

I don't think any casino would want to do an instant deposit without network confirmation. That would be too risky and gamblers would abuse it. They will require at least 1 network confirmation.
Imagine a casino offering instant deposit without network confirmation. Users would send bitcoin, do a quick bet, if they lose, they would try to double spend. The casino would be losing a lot. Not worth the risk for the casino.

^ Definitely right and even 1 confirmation is still risky on their side and that is not safe, it should always be 3 confirmations which are the chances of double-spending transactions becoming less. No one would want an instant deposit, you can probably exploit the network and did not safe for the gambling casino. The transaction won't take so long and I think there is no need to hurry the transaction, it could be 30 minutes to 1 hour more or less, so in that long, it is fair enough.

[stomachgrowls]

I don't think any casino would want to do an instant deposit without network confirmation. That would be too risky and gamblers would abuse it. They will require at least 1 network confirmation.
Imagine a casino offering instant deposit without network confirmation. Users would send bitcoin, do a quick bet, if they lose, they would try to double spend. The casino would be losing a lot. Not worth the risk for the casino.

^ Definitely right and even 1 confirmation is still risky on their side and that is not safe, it should always be 3 confirmations which are the chances of double-spending transactions becoming less. No one would want an instant deposit, you can probably exploit the network and did not safe for the gambling casino. The transaction won't take so long and I think there is no need to hurry the transaction, it could be 30 minutes to 1 hour more or less, so in that long, it is fair enough.

Getting 3 confirmation would be not that too long it is really just there are people who are really that impatient when playing gambling on where they do really like on having instant deposit.Its true that

risk of double spend is there when they do tend to accept instant deposits and all of business owners are aware of that which it isnt surprising that you could not even see a single casino whom
do deal with this set-up.They do know the risk and its normal for a business on patching up those holes for protecting their business which i  could say to be a normal kind of action.

[khaled0111]

Are you sure that these sites offer bitcoin deposits without confirmation?

These three sites and all other gambling sites will never allow you to deposit any money with confirmation. In fact no centralized site will offer this. This is to prevent the abuse , double spending and other ways to exploit the system.

Didn't check all of them but at least Roobet do support instant bitcoin deposits, but for other cryptocurrencies (eth and ltc) three confirmations are required. From their deposit page:

Send any amount of BTC to the following address. In the case of a non-instant deposit, 1 confirmation is required.

edit: I made a bitcoin deposit on livecasino.io and I can confirm that they accept zero-confirmation transactions. The amount I sent appeared on my account balance although the transaction was still unconfirmed. Withdrawing require the deposit transaction to have three confirmations, though.

[Coin_trader]

Are you sure that these sites offer bitcoin deposits without confirmation?

These three sites and all other gambling sites will never allow you to deposit any money with confirmation. In fact no centralized site will offer this. This is to prevent the abuse , double spending and other ways to exploit the system.

Didn't check all of them but at least Roobet do support instant bitcoin deposits, but for other cryptocurrencies (eth and ltc) three confirmations are required. From their deposit page:

Send any amount of BTC to the following address. In the case of a non-instant deposit, 1 confirmation is required.

I knew Bitsler offer non confirmation instant deposit and some other Casino usually credit the balance even if the transaction is unconfirmed since they can freeze the account or disable the withdrawal of the account with unconfirmed deposit to counter double spending. Double spending is not a problem any on Centralized business like exchange and casino because they have security defense to counter this kind of fraudulent activity.

Afaik, Double spending is quite rare or non existing issue anymore on Bitcoin network. Maybe on other cryptocurrency blockchain.

[Maslate]

I knew Bitsler offer non confirmation instant deposit

I have been using the site and it's not the same as my experience. Even on XRP deposits, they still require confirmation before they will credit the amount. I guess, due to the risk of double-spending on bitcoin, no sites anymore that credit their unconfirmed deposits.

[Reatim]

Does anyone know which sites deposit bitcoin instantly or even litecoin without a confirmation I’m sure you have to wait to withdraw that’s fine but at least credit it instantly?

Sorry but have you tried registering in casino site in crypto that has no instant deposit? i know that withdrawals sometimes has Issue but deposit? what i have experience is at least few minutes delay but majority has an instant deposit crediting and I see no reason why some sites will need to keep hold the deposit when this is literally what they are looking for faster gaming and possible losing and will deposit again right? this is gambling business cycling .

[rodskee]

I knew Bitsler offer non confirmation instant deposit

I have been using the site and it's not the same as my experience. Even on XRP deposits, they still require confirmation before they will credit the amount. I guess, due to the risk of double-spending on bitcoin, no sites anymore that credit their unconfirmed deposits.

indeed  I am also a Bistler user and i never experience auto/instant crediting instead there is a need for confirmation before this take place and also correct that since there are issues of double spending in the past(and also until now) the casino sites update their depositing and no instant deposit is occupying now.
yeah in the past there are some site that has this feature but nowadays? though i still believe there are few but not on the site that I am playing.

Afaik, Double spending is quite rare or non existing issue anymore on Bitcoin network. Maybe on other cryptocurrency blockchain.

though this has been prevented nowadays yet casino try to hinder this from happening by simply setting confirmation first in their deposit .

[Chato1977]

I knew Bitsler offer non confirmation instant deposit and some other Casino usually credit the balance even if the transaction is unconfirmed since they can freeze the account or disable the withdrawal of the account with unconfirmed deposit to counter double spending. Double spending is not a problem any on Centralized business like exchange and casino because they have security defense to counter this kind of fraudulent activity.

Afaik, Double spending is quite rare or non existing issue anymore on Bitcoin network. Maybe on other cryptocurrency blockchain.

exactly , this is why i believe that there are still many casino in crypto that gives this kind of crediting instantly instead of waiting for confirmation as they can easily Hinder the withdrawal if there is something happens unexpected or some abuse from the other side.
and indeed that there is no double spending now that happens if we are talking about bitcoin network.

[swogerino]

I knew Bitsler offer non confirmation instant deposit and some other Casino usually credit the balance even if the transaction is unconfirmed since they can freeze the account or disable the withdrawal of the account with unconfirmed deposit to counter double spending. Double spending is not a problem any on Centralized business like exchange and casino because they have security defense to counter this kind of fraudulent activity.

Afaik, Double spending is quite rare or non existing issue anymore on Bitcoin network. Maybe on other cryptocurrency blockchain.

exactly , this is why i believe that there are still many casino in crypto that gives this kind of crediting instantly instead of waiting for confirmation as they can easily Hinder the withdrawal if there is something happens unexpected or some abuse from the other side.
and indeed that there is no double spending now that happens if we are talking about bitcoin network.

This can be easily reinforced if the user and casino accept Litecoin which most of the reputable ones do accept it.The confirmations of Litecoin are much faster and the risk of double spending is almost nonexistent here as even if the players loses money fast and want to use some kind of "cheating like trying the well known attacks when we have 0 confirmations" with Litecoin you already should have a few confirmations much faster compared to Bitcoin.

This is something that can be implemented for the casinos which don't have it as an option,to just allow Litecoin instant credit as a beginning.

[zidanw]

I don't think there is a gambling site that has  Bitcoin instant credit since it is prone to exploitation especially if your wallet has a replaced by fee feature like Electrum wallet. Most of them needs 1 confirmation which is around 5-10 minutes for higher fee.

[btc78]

I don't think there is a gambling site that has  Bitcoin instant credit since it is prone to exploitation especially if your wallet has a replaced by fee feature like Electrum wallet. Most of them needs 1 confirmation which is around 5-10 minutes for higher fee.

I think i will agree in this one , because for years that i have been playing in most of the legit and trusted gambling site that advertising here in forum? i never encounter  one that has instant credit .

but I am not caring anything as I am sure my sites are bringing me assurance of which i can take my funds out after winning or depositing .

[ipanks]

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I have not thought about whether it will be credited instantly or take a while to be added to my account because I am not in a hurry to play gambling or participate in an event on a gambling site. The gambling site will also immediately add the balance to each member's account as soon as possible after getting confirmation. Maybe to overcome this, we can add balance before an event or competition so we won't be in a hurry or worry about being late to participate in the event.

[FatFork]

exactly , this is why i believe that there are still many casino in crypto that gives this kind of crediting instantly instead of waiting for confirmation ...

Are you sure about that? Maybe you can name a few?

Just like btc78 said, I've gambled at many reputable casinos from this forum, but I've never encountered a casino that offered instant credit for bitcoin deposits. Most casinos I have experience with require at least one confirmation.

[Maslate]

I knew Bitsler offer non confirmation instant deposit

I have been using the site and it's not the same as my experience. Even on XRP deposits, they still require confirmation before they will credit the amount. I guess, due to the risk of double-spending on bitcoin, no sites anymore that credit their unconfirmed deposits.

indeed  I am also a Bistler user and i never experience auto/instant crediting instead there is a need for confirmation before this take place and also correct that since there are issues of double spending in the past(and also until now) the casino sites update their depositing and no instant deposit is occupying now.
yeah in the past there are some site that has this feature but nowadays? though i still believe there are few but not on the site that I am playing.

Also, keep in mind that Bitsler now could ask a KYC of your account, and if you won't be able to comply that, they will freeze your account and you'll only be able to access the funds until you fully comply with the requirement.

[dimonstration]

I knew Bitsler offer non confirmation instant deposit

I have been using the site and it's not the same as my experience. Even on XRP deposits, they still require confirmation before they will credit the amount. I guess, due to the risk of double-spending on bitcoin, no sites anymore that credit their unconfirmed deposits.

indeed  I am also a Bistler user and i never experience auto/instant crediting instead there is a need for confirmation before this take place and also correct that since there are issues of double spending in the past(and also until now) the casino sites update their depositing and no instant deposit is occupying now.
yeah in the past there are some site that has this feature but nowadays? though i still believe there are few but not on the site that I am playing.

Also, keep in mind that Bitsler now could ask a KYC of your account, and if you won't be able to comply that, they will freeze your account and you'll only be able to access the funds until you fully comply with the requirement.

All or most of the Casino that has license could ask KYC to there customers if its needed but not necessary they will require you to undergo KYC right from the start or if you are gambling regularly base on there ToS and the thread made by one of our forum member https://bitcointalk.org/index.php?topic=5381143.0. Let's not focus on Bitsler negative side since the majority of the Casino has there own flaws while the KYC part is applicable to all.

[magneto]

I knew Bitsler offer non confirmation instant deposit

I have been using the site and it's not the same as my experience. Even on XRP deposits, they still require confirmation before they will credit the amount. I guess, due to the risk of double-spending on bitcoin, no sites anymore that credit their unconfirmed deposits.

indeed  I am also a Bistler user and i never experience auto/instant crediting instead there is a need for confirmation before this take place and also correct that since there are issues of double spending in the past(and also until now) the casino sites update their depositing and no instant deposit is occupying now.
yeah in the past there are some site that has this feature but nowadays? though i still believe there are few but not on the site that I am playing.

Afaik, Double spending is quite rare or non existing issue anymore on Bitcoin network. Maybe on other cryptocurrency blockchain.

though this has been prevented nowadays yet casino try to hinder this from happening by simply setting confirmation first in their deposit .

I wouldn't say that it is rare.

It's just that casinos are more prepared to deal with this issue now so that people don't do it as often.

A lot of casinos used to offer instant, zero confirmations crediting before RBF was popular but afterwards pretty much everyone dropped out. I was around when Bitsler still offered this functionality, but obviously it's not wise to offer nowadays.

[khaled0111]

I don't think there is a gambling site that has  Bitcoin instant credit since it is prone to exploitation especially if your wallet has a replaced by fee feature like Electrum wallet. Most of them needs 1 confirmation which is around 5-10 minutes for higher fee.

Yes this feature is risky but there are few measures that the casino can take to mitigate such risk.
I already named two casinos which accept instant deposits (roobet.com and livecasino.io). I named only these two because I tried them myself. Other members named other casinos which have this feature too. I didn't try them but I have no reason not to believe them.
The double spending risk can be easily mitigated by crediting only transactions that don't have the rbf flag.

[Hamphser]

I don't think there is a gambling site that has  Bitcoin instant credit since it is prone to exploitation especially if your wallet has a replaced by fee feature like Electrum wallet. Most of them needs 1 confirmation which is around 5-10 minutes for higher fee.

Yes this feature is risky but there are few measures that the casino can take to mitigate such risk.
I already named two casinos which accept instant deposits (roobet.com and livecasino.io). I named only these two because I tried them myself. Other members named other casinos which have this feature too. I didn't try them but I have no reason not to believe them.
The double spending risk can be easily mitigated by crediting only transactions that don't have the rbf flag.

Wasnt aware about that resolving on double spending risk.I wasnt aware too that there are casinos accepts instant deposit considering that the risks mentioned earlier could really be done.

I dont have experience with Roobet or Livecasino and i would test it for myself it does really have that kind of feature which would really be something good for some gamblers
who cant patiently wait for some deposit confirmation.I cant just believe that they could exclude out RBF type of transactions?