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Author Topic: Question for regular casino players. Will you use Lightning if available?  (Read 3377 times)
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April 23, 2022, 11:01:02 PM
 #101

You mean depositing with normal transaction and withdrawal using lighting network? would that increase more privacy? If yes then I think that could be a good way to have a privacy with lighting network since it would be cheap and fast transaction.
Not so fast there. If the casino require KYC and then you use lightning to withdraw and/or deposit, probably they now will have a record of the list of address where and from your coins came and go so it's just still the same on the normal transactions IMO.

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April 23, 2022, 11:53:40 PM
 #102

I still wonder why no mainstream casinos supports this coin, what's the problem? I'd be happy if their representatives reply here and state their reason.
I think you are confusing the lightning network with something else. The lightning network is not a coin, it's a second layer protocol that works on top of the main bitcoin protocol. When you make a lightning payment, you are basically sending bitcoins not some other coin. Since a second layer solution, the transactions are made off-chain meaning that they will not be recorded on the main blockchain. Hence the fast payments an the low fees and most importantly (which many users neglected) the possibility to send tiny amounts.

That's what makes it attractive to users and I support its usage players wants to use Bitcoin to play right away but normal transactions will not let them do it, with the Lightning network they can play within minutes and they don't have to use altcoins as an alternative, this Lightning network is specifically for those who loves to play with Bitcoin, majority of us are ok with it.


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April 24, 2022, 01:33:43 AM
 #103

You mean depositing with normal transaction and withdrawal using lighting network? would that increase more privacy? If yes then I think that could be a good way to have a privacy with lighting network since it would be cheap and fast transaction.
Not so fast there. If the casino require KYC and then you use lightning to withdraw and/or deposit, probably they now will have a record of the list of address where and from your coins came and go so it's just still the same on the normal transactions IMO.


Then I think sticking with the normal transaction would be alright too, I wonder how many people here do use LN to deposit or withdraw in a gambling site. I think you are right even if there is a privacy with the LN I'm sure that most of the gambling site have their logs of the addresses.

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April 24, 2022, 02:59:46 AM
 #104

Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
I often use Bitcoin when I gamble, so if using LN has an advantage for being fast and has cheaper fees then its a good thing for the gamblers who dont like to wait longer and pay a high fees.

But is there a casino where you can use LN for deposit/withdrawal?

Well anyway, even casinos doesnt implement LN, alts are there that we can choose for deposit/withdrawal for our own convenience.
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April 24, 2022, 04:34:11 AM
 #105

But is there a casino where you can use LN for deposit/withdrawal?

If you are going to read back a little bit I am going to quote it from Hamphser.

Lets put up some sites that do accept LN payment.

https://betplay.io/en/
https://thunderpick.com/
https://simpledice.com/
https://luckydice.com/

Havent tried or tested if it does work smoothly but its good that there are platforms who do make use of it.

There's already some sites that offers LN but they don't get too much attention or attraction to players since it's not big of a deal not unless you deposit and withdraw multiple times a day or using low deposit repeatedly.

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April 24, 2022, 06:28:27 PM
 #106

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
Honestly, I've never used or transacted with the lightning network, so I don't know what the advantages are over the regular btc network, but with my curiosity, I will definitely try a gambling site that provides a lighting network. btw, I also heard that the fee charged was very cheap and the transaction speed was extremely fast.

R


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April 25, 2022, 09:54:24 AM
 #107

I made a topic 4 years ago that asked if casino site owners and operators were interested in integrating/implementing the Lightning Network for their service. It had just three replies, and two were mine. Hahaha.

I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
Lightning network? This is complex for me to handle please.
I think lightening network has it own flux and I don't think I could handle that myself with those procedures that are quite self weakening to me. I think I will rather use normal bitcoin network not minding the network fee that is attached to be more safe. I can also make use of altcoins like usdt or other stable coins that have no volatility. Lightening network is not my thing at all.

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April 25, 2022, 10:15:58 AM
 #108

<snip>
I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
If the use of Lightning network is secure, much faster, and cheaper, why not? As a customer, I personally choose those methods which I has more advantages over the other options. So if lightning network beat the others in terms of my preference, I would use it. But if not I will stick on bitcoin or an altcoin which I am using before until now.
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April 25, 2022, 12:06:28 PM
 #109

<snip>
I want to ask again, and this time to the users. Will you use the Lightning Network if available? Or will you continue to use whichever altcoin you're currently using?
If the use of Lightning network is secure, much faster, and cheaper, why not? As a customer, I personally choose those methods which I has more advantages over the other options. So if lightning network beat the others in terms of my preference, I would use it. But if not I will stick on bitcoin or an altcoin which I am using before until now.
The casino will make sure that the Lightning Network will be secure, much faster and cheaper in terms of cost so that users can experience the benefits of using that network. But as long as the Bitcoin network we're using doesn't charge high fees, I don't think the Lightning Network needs to be integrated into the casino. But casinos can also try to integrate Lightning Network into place and ask its members for ratings after using it.

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April 27, 2022, 02:56:47 AM
 #110

I'd most likely use it since there's barely any downside to it, cheaper fees plus deposits will be credited much faster. There's also one platform i'm currently using that offers lightning as another payment method but i'm still sticking with their on-chain transactions for now since they're processing it instantly. I just hope once that time comes most casinos will have it available so that most gamblers will have more reasons to use lightning since I remember browsing a thread about casinos with lightning back then and the list wasn't big.
It will take time but I think we are going to get to the point that this is going to become yet another standard feature at most casinos, that being said I still think that many people are going to keep using their preferred altcoins because unlike myself which I only have them to get cheaper fees they are actually holding those coins as an investment, so adopting the lighting network is not going to reduce the number of coins that casinos will have to accept from their clients.
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April 27, 2022, 04:07:25 AM
 #111

I'd most likely use it since there's barely any downside to it, cheaper fees plus deposits will be credited much faster. There's also one platform i'm currently using that offers lightning as another payment method but i'm still sticking with their on-chain transactions for now since they're processing it instantly. I just hope once that time comes most casinos will have it available so that most gamblers will have more reasons to use lightning since I remember browsing a thread about casinos with lightning back then and the list wasn't big.
It will take time but I think we are going to get to the point that this is going to become yet another standard feature at most casinos, that being said I still think that many people are going to keep using their preferred altcoins because unlike myself which I only have them to get cheaper fees they are actually holding those coins as an investment, so adopting the lighting network is not going to reduce the number of coins that casinos will have to accept from their clients.

Well LN has been around for years yet No casino ever try to adopt the system so do you really believe that this will be the standard feature? I'm afraid there will be a chance very near .
so yes lets  look if this going to happen but I am more than willing to use LN if given a chance, i have tried using this once for small transaction and the fee is really cheaper.

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April 27, 2022, 11:32:52 AM
 #112

I'd most likely use it since there's barely any downside to it, cheaper fees plus deposits will be credited much faster. There's also one platform i'm currently using that offers lightning as another payment method but i'm still sticking with their on-chain transactions for now since they're processing it instantly. I just hope once that time comes most casinos will have it available so that most gamblers will have more reasons to use lightning since I remember browsing a thread about casinos with lightning back then and the list wasn't big.
It will take time but I think we are going to get to the point that this is going to become yet another standard feature at most casinos, that being said I still think that many people are going to keep using their preferred altcoins because unlike myself which I only have them to get cheaper fees they are actually holding those coins as an investment, so adopting the lighting network is not going to reduce the number of coins that casinos will have to accept from their clients.

Well LN has been around for years yet No casino ever try to adopt the system so do you really believe that this will be the standard feature? I'm afraid there will be a chance very near .
so yes lets  look if this going to happen but I am more than willing to use LN if given a chance, i have tried using this once for small transaction and the fee is really cheaper.

If you really are a gambler and tried many crypto gambling site you will know that some of the gambling site has LN but I am sure that they are not as much as popular as the normal transaction but they could be very useful for some players to save transaction fess for long term.

.
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April 28, 2022, 08:02:58 AM
 #113


Well LN has been around for years yet No casino ever try to adopt the system so do you really believe that this will be the standard feature? I'm afraid there will be a chance very near .
so yes lets  look if this going to happen but I am more than willing to use LN if given a chance, i have tried using this once for small transaction and the fee is really cheaper.

If you really are a gambler and tried many crypto gambling site you will know that some of the gambling site has LN but I am sure that they are not as much as popular as the normal transaction but they could be very useful for some players to save transaction fess for long term.
Here in these two posts you, dear colleagues, write mutually exclusive information..  Smiley
So, there are really working casinos where payment via LN is provided?  The LN technology itself, essentially the second level, is in great demand and will obviously be developed.  But if someone has already used LN or uses it in some casino where there is such an opportunity, then please write here in the topic what kind of casino it is. 
Or maybe there are several?

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April 28, 2022, 12:31:41 PM
 #114

I'd most likely use it since there's barely any downside to it, cheaper fees plus deposits will be credited much faster. There's also one platform i'm currently using that offers lightning as another payment method but i'm still sticking with their on-chain transactions for now since they're processing it instantly. I just hope once that time comes most casinos will have it available so that most gamblers will have more reasons to use lightning since I remember browsing a thread about casinos with lightning back then and the list wasn't big.
It will take time but I think we are going to get to the point that this is going to become yet another standard feature at most casinos, that being said I still think that many people are going to keep using their preferred altcoins because unlike myself which I only have them to get cheaper fees they are actually holding those coins as an investment, so adopting the lighting network is not going to reduce the number of coins that casinos will have to accept from their clients.

Well LN has been around for years yet No casino ever try to adopt the system so do you really believe that this will be the standard feature? I'm afraid there will be a chance very near .
so yes lets  look if this going to happen but I am more than willing to use LN if given a chance, i have tried using this once for small transaction and the fee is really cheaper.

If you really are a gambler and tried many crypto gambling site you will know that some of the gambling site has LN but I am sure that they are not as much as popular as the normal transaction but they could be very useful for some players to save transaction fess for long term.
Maybe the casino that uses the Lightning Network is not as popular as the coins already available at the casino because many gamblers have already used low-cost coins in gambling.
Maybe in the future, if the transaction fees of those coins start to climb higher, new gamblers will switch to the Lightning Network.
But whatever it is, whether it's the Lightning Network or low-cost coins, gamblers will look for and choose coins that don't require high transaction fees.
Meanwhile, I still like to use bitcoin as usual and use altcoins such as Litecoin, Dogecoin, and TRX because the costs themselves are not large.

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April 28, 2022, 01:16:25 PM
 #115

Lightning Network I have not found much in the casinos I have used so far, maybe not fully implemented in every casino. However, at this time Bitcoin does not cost too much for each we send. In fact, for almost a year now I have not had a serious problem with almost $0.7 fees when making deposits or withdrawals from the casino. To be honest, LN has a very good goal where they want to shorten the transaction faster and cheaper especially on small payments can be a good alternative if the casino implements LN.
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April 28, 2022, 01:57:22 PM
 #116

Lightning Network I have not found much in the casinos I have used so far, maybe not fully implemented in every casino. However, at this time Bitcoin does not cost too much for each we send. In fact, for almost a year now I have not had a serious problem with almost $0.7 fees when making deposits or withdrawals from the casino. To be honest, LN has a very good goal where they want to shorten the transaction faster and cheaper especially on small payments can be a good alternative if the casino implements LN.

Actually you can achieve that through other cryptocurrency or altcoin, I think the LN would only be effective for a gambling site that only offers Bitcoin and Ethereum since sometimes Ethereum transaction cost a lot too and LN could be the only option to make the cheaper and faster if the blockchain is congested or too many transactions in queue.

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April 29, 2022, 07:17:29 AM
 #117

Lightning Network I have not found much in the casinos I have used so far, maybe not fully implemented in every casino. However, at this time Bitcoin does not cost too much for each we send. In fact, for almost a year now I have not had a serious problem with almost $0.7 fees when making deposits or withdrawals from the casino. To be honest, LN has a very good goal where they want to shorten the transaction faster and cheaper especially on small payments can be a good alternative if the casino implements LN.

Actually you can achieve that through other cryptocurrency or altcoin, I think the LN would only be effective for a gambling site that only offers Bitcoin and Ethereum since sometimes Ethereum transaction cost a lot too and LN could be the only option to make the cheaper and faster if the blockchain is congested or too many transactions in queue.
Most likely, all the same, online crypto casinos will gradually add the ability to use bitcoin through LN. 
I think that the experience of the El Salvadoran authorities and their President Bukele, who provided payment through LN in their official Chivo public wallet, can serve as an example here.  And this is perhaps the only solution when it comes to bitcoin payments for small amounts, such as paying for a cup of coffee or a hamburger.  And, for example, residents of El Salvador who want to gamble would be very convenient to place bets in a casino where there is an option with LN. 

So after all, will anyone give at least some example of a casino with LN? Smiley

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April 29, 2022, 08:15:33 AM
 #118

6 pages of replies and I think it can be summarized that there are 2 main reasons why it is rare to see casinos implementing Lightning network. First is about the number of players who familiar with lightning is still very low and second reason is that casinos wont be able to make additional income from "fee". As a player, I myself not that familiar with lightning network so I will stay with I used to use. If the main idea is to avoid transaction fee, I'll choose to gamble with coins that has cheap transaction fee.

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April 29, 2022, 09:21:02 AM
 #119

Many people use this kind of network to have a fast and lessen the transaction fees. I guess OP already makes an answer to the statement of other members. We know who the transactions because burden if there's a lot of people commit transactions, and of course, most the gambling platform would like their users makes it convenient for them when they making a withdrawals we know people's patience in terms of money matters.

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April 29, 2022, 10:15:52 AM
 #120

I'd most likely use it since there's barely any downside to it, cheaper fees plus deposits will be credited much faster. There's also one platform i'm currently using that offers lightning as another payment method but i'm still sticking with their on-chain transactions for now since they're processing it instantly. I just hope once that time comes most casinos will have it available so that most gamblers will have more reasons to use lightning since I remember browsing a thread about casinos with lightning back then and the list wasn't big.
It will take time but I think we are going to get to the point that this is going to become yet another standard feature at most casinos, that being said I still think that many people are going to keep using their preferred altcoins because unlike myself which I only have them to get cheaper fees they are actually holding those coins as an investment, so adopting the lighting network is not going to reduce the number of coins that casinos will have to accept from their clients.

Well LN has been around for years yet No casino ever try to adopt the system so do you really believe that this will be the standard feature? I'm afraid there will be a chance very near .
so yes lets  look if this going to happen but I am more than willing to use LN if given a chance, i have tried using this once for small transaction and the fee is really cheaper.

If you really are a gambler and tried many crypto gambling site you will know that some of the gambling site has LN but I am sure that they are not as much as popular as the normal transaction but they could be very useful for some players to save transaction fess for long term.
Well I am a gambler and had played in various casino sites but never that encountered any that offered LN as option .

So if you are really a gambler and understand what you are talking? then you may share those casino sites that you know who has LN in effect?

waiting for your sharing here .

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