PROS AND CONS OF CRRYPTOGAMBLING.

[Kingsyoung]

PROS AND CONS OF CRRYPTOGAMBLING.
I know that one of the greatest questions that crosses our mind is “is gambling worth it?” .
Yes, I know that many times it seems almost impossible to win though at the same time it’s the easiest way of doubling up your money.
Let’s talk about the pros:
It is decentralized:
 (without having one inside zone of command). No one can take your Bitcoins yonder from you or freeze your 'crypto account' due to the sheer of a inside legal/law-based validity in the system. You own your money and your transactions are safe.
It is secure:
 Your payment information cannot be stolen yonder from you. Bitcoin transactions do not require any personal data to be submitted, protecting you from identity theft. And there can be no chargebacks - once sent, Bitcoins transactions are unchangeable. This ways the transaction cannot be reversed or reverted from the way it was recorded in Bitcoin's public ledger, which makes for fewer risks for people who sells.
It is private:
Since no personal information is tying to your Bitcoin wallet, people do not know who (bought something for money) what. At the same time it is clear/open and honest, meaning that anyone can find information on addresses and their balances in a public ledger.
It is fast: It does not matter where you move (from one place to another) your coins to: be it an international move (from one place to another) or a local pizza (instance of ownership something for money). With Bitcoin any. With CoinsPaid's crypto-processing abilities, crypto casino deposits the move (from one place to another) is tropical to immediate.
Bitcoin has (had) low transaction fees: Since there are no (people or businesses who buy goods to sell to stores, not you) in a decentralized network, no one will tuition you for anything. More so , the way the technology is set up there might be fees for faster processing of transactions or (changing from one form, state, or state of mind to another) of bitcoins into fiat currency. Although, most wallets will requite you the option to (adjust/change to fit new conditions) your legation in favour of a quick crypto move (from one place to another) or a low commission.
It is not subject to inflation:
The number of Bitcoins to overly be issued is limited to about  21 million and Bitcoin volume growth is (expected), so they cannot be out like fiat types of money and poured into the (process of people making, selling, and ownership things) at random.
It is not unchangingly taxed:  The tax regulation for digital valuable things has come a long way as Bitcoin and altcoins have been recognized by some states as property, store of value, or plane currency. If you are planning to gamble in Bitcoin, make sure you know what your local tax law says on your winnings or from betting with crypto. But for most countries Bitcoin remains mostly uncontrolled.
In summary, from a player's point of view, Bitcoin is the perfect 'gaming coin'. Players love Bitcoin considering it offers unnamed upper speed transactions for deposits and withdrawals, which do not go through a decentralized financial system. In, most Bitcoin games are 'Provably Fair'.

Let’s talk about the cons:
Ofcourse, there is a fly in any honey pot. Playing at an online crypto casino has some disadvantages that are worth thinking about, too.
Firstly, crypto-gambling is never a stable source of profit because anything can happen(loss) .
 

[Odusko]

To those for take gambling as a way of making a few bucks, I will say cryptocurrency gambling is the safest and highly private way of gambling, that is since everything is done online and from the comfort of your house you can gamble and no one will know. But the other way around you must be careful not to gamble on a scam casinos because when you have any problem your issues will not be resolved and there will be little to nothing you can do about it that is the only disadvantage I see with the online gambling.

[Newlifebtc]

We all want to do what the world is doing, we all want to follow the trending happing and that is fine.
But both a great I never had issues with betting physically at a betting shop also a I was doing some of the safest things.
It's a good thing to have this as a higher option anyways, as you will accumulate higher bucks from this.
Just done be selfish don't borrow to place bet and if you had too many losses take a break and come back stronger.

[michellee]

Crypto gambling is worth it or not will depend on you because crypto is a tool like money you use to gamble. While gambling can be bad for you if you don't have enough self-control. But gambling is a form of entertainment for people who want to play various games.

If you can treat gambling properly, whether it's crypto or fiat gambling, then you don't have to worry about the consequences and maybe you can also minimize the losses that will occur later.

[YOSHIE]

Firstly, crypto-gambling is never a stable source of profit because anything can happen(loss).

In essence, gambling sites that prioritize crypto, as a deposit and withdrawal method, of course have pros and cons, generally to make it easier for users to make bets with supported technology, rather than fiat.

The pros and cons of course exist in the world of the gambling industry and crypto, gambling with crypto, depending on how people understand it, many gambling addicts oppose crypto gambling policies that are counter to certain reasons and many also support or policies carried out by pro gambling sites.

So whether these two factors are wrong, pros and cons, of course not, it all depends on their understanding of how crypto works and all forms of risk, advantages and disadvantages, as you said the definition of pros and cons.

[Beparanf]

I don’t see any cons of crypto gambling especially if you compared it on the regular gambling site since crypto has already a license to operate and offers the same games to the fiat casino unlike before during early days of crypto which only dice and crash games is only popular on crypto. You probably discussing the cons of gambling in general and not the crypto gambling itself since its almost the same besides the payment system.

[bittraffic]

KYC is actually one of the cons in crypto gambling. Majority of them will already ask in some circumstances.
For the ones who can't control themselves from gambling it could one of the cons a part from the scam casinos. We have seen many times a user complains because he had excludes their account from the platform and yet losing money for they login back and lose more. This isn't just an issue in crypto but also on fiat base casinos.

[Tumanggor]

To those for take gambling as a way of making a few bucks, I will say cryptocurrency gambling is the safest and highly private way of gambling, that is since everything is done online and from the comfort of your house you can gamble and no one will know. But the other way around you must be careful not to gamble on a scam casinos because when you have any problem your issues will not be resolved and there will be little to nothing you can do about it that is the only disadvantage I see with the online gambling.

nothing is more secure, private and trusted than a cryptocurrency gambling site

whatever you do (withdraw or deposit) can be done with safe privacy and without KYC (depending on the rules of the gambling site but you can choose one that does not require KYC)

don't doubt crypto gambling sites because they are much better than fiat gambling sites

[Oshosondy]

No one can take your Bitcoins yonder from you or freeze your 'crypto account' due to the sheer of a inside legal/law-based validity in the system. You own your money and your transactions are safe.

You mean gambling in a way you will stake with bitcoin from your noncustododial wallet? I have heard about this before but I have never seen it, the crypto gambling sites I know are centralized and you will have to deposit into that gambling site address.

Ofcourse, there is a fly in any honey pot. Playing at an online crypto casino has some disadvantages that are worth thinking about, too.
Firstly, crypto-gambling is never a stable source of profit because anything can happen(loss) .

This is not about only crypto gambling sites but also all gambling sites and the reason only the amount you can afford to lose should be used to bet.

Do not be confused, all the gambling sites I have seen that are using cryptocurrencies for deposit are centralized, not decentralized.

[uneng]

Let’s talk about the cons:
Ofcourse, there is a fly in any honey pot. Playing at an online crypto casino has some disadvantages that are worth thinking about, too.
Firstly, crypto-gambling is never a stable source of profit because anything can happen(loss) .

This cons isn't an exclusivity of CRYPTO GAMBLING. That is actually a cons of gambling in general, being it fiat or crypto and physical or virtual.

I think a disadvantage of gambling with cryptocurrency is the volatility of the currencies, what means your bankroll will be fluctuating all the time, and depending the market's conditions (like right now), your funds will be constantly going down in value. Maybe you have just deposit 1000$ in bitcoin or altcoins in a casino, but when you start playing, after few minutes, the total value has already dropped to 900$ due to a crash in crypto prices.

That is in fact the only cons specifical of gambling with cryptocurrency I can think about... Another common cons are also found in fiat gambling as well.

[Viscore]

Crypto gambling is worth it or not will depend on you because crypto is a tool like money you use to gamble. While gambling can be bad for you if you don't have enough self-control. But gambling is a form of entertainment for people who want to play various games.

If you can treat gambling properly, whether it's crypto or fiat gambling, then you don't have to worry about the consequences and maybe you can also minimize the losses that will occur later.

Gambling will always be bad for those who are playing it in a wrong way or perspective. However, if you do set your limits from gambling, be it crypto or not, it will not result into a lot of consequences. Crypto gambling is for those who want to have fun and be entertained, but if you take crypto gambling like a quick rich scheme, you will always result into failure. And may only be the reason for future life's misery if you can't control yourself anymore.

[KennyR]

Pros

• Much faster settlement of bets
• Ease of deposit and withdrawal
• Gives privacy as it is possible to spend without KYC
• Different bonuses and rakeback provided

Cons

• There is not much of Cons with gambling, other than losing
• Some gambling platforms lie on the promotions.
• Provably fair functioning were flawed and some casinos use it a way to scam people.

[ajochems]

Gambling was the good thing to get more money in short period of time.While using the crypto,the advantage is we get output as a crypto currency.The transaction will be faster then the Fiat.If the betting is usdt,the owner of website may keep rotate of the casino money to many sources.So it will double or triple in the rotation sequence.The owner also earn the crypto currency,if the website with crypto currency.

[goaldigger]

Pros

• Much faster settlement of bets
• Ease of deposit and withdrawal
• Gives privacy as it is possible to spend without KYC
• Different bonuses and rakeback provided

Cons

• There is not much of Cons with gambling, other than losing
• Some gambling platforms lie on the promotions.
• Provably fair functioning were flawed and some casinos use it a way to scam people.

This could be a good summary of what OP’s trying to say, there can still be pros even if its gambling but seriously, you can find a lot of cons when you gamble, especially if you choose the wrong site so if you’re into crypto gambling better to start using the best platform so you can enjoy their promotions and you can trust them because they are really paying. The risk is high when you gamble, that could be the cons you should also consider no matter what currency you are using.

[roslinpl]

 To all the casino was real and legit.Only few are legit and help the brained person to earn using their casino.Some of the casino was scamming people for the poor money.We have to find the good casino to escape from their scam.They even uses the celebrity for the promotion.If you was involved in the scam casino by the promotion.Whatever you had bet,you will loss all money.

[crzy]

Pros: You can earn Money
Cons: It’s not guaranteed

This is just my simple explanation every time someone asked me about pros and cons, gambling is still the same even if you use cryptocurrency or just a simple fiat currency you are still playing with the same system of gambling, which focus more on luck. Though Cryptogambling gives a whole lot new experience, but they are still practicing the same concept, so you just need to choose on which side you are taking in.

[livingfree]

Firstly, crypto-gambling is never a stable source of profit because anything can happen(loss) .

It's actually not.

But respect to those gamblers that are making their days well and having a paycheck through their own skills by gambling alone. It's not something new.

However, they're known to be great gamblers if they're making use of gambling as their main source of income. It's not always about win but when they do, they're making sure to set aside for themselves.

[Marvelman]

Pros: You can earn Money
Cons: It’s not guaranteed

Pros: You may be able to earn money
Cons: You will most likely lose money

When I first learned that there was a crypto casino I was a little hesitant. For me, crypto is something that is highly valued, and something that many can't get. Because of this, I was a little skeptical about whether or not I would enjoy the experience of gambling with it. I was afraid that because of this value attached, I would not enjoy my gambling experience.
I guess it's just the difference between putting your money into something that has no value to you and buying something that has real value.

[gantez]

The gamblers that play through cryptocurrency are liking that because it hides there identify from a third party even the owners of the casinos can't know their players and this is a pros to players but cons comes in loses. Losing is part of the gambling game and luck is what adds to the pros.

[Scripture]

Pros: You can earn Money
Cons: It’s not guaranteed

Pros: You may be able to earn money
Cons: You will most likely lose money

These two are just the same, well its good to reiterate to every newbies out there that gambling is not a good source of income and seriously I don't see any pros from this especially if you are just going to spend your hard earn money there. There's a lot of gamblers that their main concern is their identity and that's why some choose to gamble online and go to the best site that accepts cryptocurrency because here you can have that privacy but expect them to still ask for it especially if you are playing with the huge money.