I miss the old OnChain gambling

[bittraffic]

I used to use directbet.eu and it was the single best gambling experience of my life. It was a shame that it was taken down due to attacks against that style of taking bets as a result of high transaction fees allowing users to place bets that would never confirm both ways, and then double spending the losing bet while confirming the winning bet with higher fee transactions. It’s a shame that this method of gambling was attacked and abandoned before it could be developed further. This is exactly the sort of thing that I point to as an example of why Bitcoin has actually lost use cases over the years instead of gaining them. We’re ironically centralizing ourselves as a community as frequently as we can. I don’t blame casinos though, nobody wants to risk having you business bankrupted by the downfalls of the Bitcoin network.

This is the time also where binary trading on secondstrade was also famous in the forum. I have tried both directbet where all we need  is a wallet like electrum and they automatically send the winnings when we win. There is nothing like them today. But there are gambling dapps we use today on TRON and EOS not on Bitcoin chain.

Quite different when it started but government today are more focused on BTC and so they are asking data for its users. Regulation helps adoption but also not good to our privacy.

[Doan9269]

Even though i never has an experience in playing such before but i think there's a need foro restructuring of the casino and bring it back to live as many people have more pleasure derivation in playing such games, an onchain game is what gamblers can keep up with because they know quite alright that for them to make a claim for their winning their must be a prove to that claim and no body will want to make that aspect a joke, i expect games to be renderd in all forms regardless of mode of operation required in playing it as long as it is been acceptable for a play.

[crwth]

I remember something like DirectBet? IIRC. I know that it will already give you a unique address on this specific match/event when it comes to depositing etc. It's like the funds is on hold there then sent to you a new one on an address that you provided. Oh I remember the days. It was easy to play etc. I know that there are politics too there.

[YOSHIE]

At least I tried to see and read about OnChain games and gambling, from the two topics below, I don't understand how to play OnChain gambling.

• Bitcoin Betting Website - Multiplayer Onchain Gambling on Block Hash Randomness.

• WarOfLife.com - Cellular Automata - Gambling - On Chain Parimutuel or Off Chain

Overall, some of the members who commented on the topic, they are not very interested in Onchain games.

I think if Onchain gambling is really good and fair, as you said, I believe Onchain gambling will last until now, the proof is not much information is obtained about Onchain, although there are several topics about them here.

[Fivestar4everMVP]

I wasn't yet, into crypto in 2014, but I sure heard of Satoshi bone when I got in in 2016.
It did interest us all to know that the onechain method of gambling didn't not just die away like that, I personally think the bitcoin network very much contributed to the downfall of this method of gambling, If I could remember, there was a time when bitcoin transactions cost over a hundred dollars to get confirmation, and even at this, it took several hours before the transaction and push through, sometime even days, (I personally have made a bitcoin transaction that took over a week to get a confirmation).

So now imagine sending bitcoin to place a bet on a game, most especially sports games/betting that deals with time, if it is a time when the bitcoin network is congested, it probably will take hours to get a confirmation which by then, it might have become late to place a bet on that particular game, I think this and maybe other factors frustrated the onechain form of gambling into closure.

[fiulpro]

But you have to understand that crypto in the early years was very different as compared to the crypto right now, scams and illegal transactions are always something to worry about and at the end one must always remember that the usage have increased and there are a lot more people who are way more eager to follow up on online gambling as compared to the offline one due to the pandemic therefore I do think that all these additional methods are necessary one way or the other since they probably provide the additional security method that is needed. The anonymity had to go if it had to be widely accepted one way or the other.

[Botnake]

I remember something like DirectBet? IIRC. I know that it will already give you a unique address on this specific match/event when it comes to depositing etc. It's like the funds is on hold there then sent to you a new one on an address that you provided. Oh I remember the days. It was easy to play etc. I know that there are politics too there.

It's easy because it's automatic, however, I think that would not be too attractive especially if the transaction fee is very expensive. It was  very popular gambling site back in the day but they just suddenly stopped their business, probably due to regulatory problem.

[robelneo]

But you have to understand that crypto in the early years was very different as compared to the crypto right now,

I agree we have evolved but the industry evolved towards centralization and regulation, but what can we do this is to protect the integrity of the casinos and to stop bad actors from cheating the casinos, even if we don't want, casinos are another exception on decentralization, and so far the industry is doing just fine and this model will stay on.
It's still a win-win situation for gamblers and the casinos.

[crwth]

I remember something like DirectBet? IIRC. I know that it will already give you a unique address on this specific match/event when it comes to depositing etc. It's like the funds is on hold there then sent to you a new one on an address that you provided. Oh I remember the days. It was easy to play etc. I know that there are politics too there.

It's easy because it's automatic, however, I think that would not be too attractive especially if the transaction fee is very expensive. It was  very popular gambling site back in the day but they just suddenly stopped their business, probably due to regulatory problem.

I know, the fees are definitely a thing but with its anonymity, it's great. And the fees with BTC are not high anymore so I think it wouldn't be a problem now. I do remember DirectBet it being great but suddenly stopping their business. Maybe there could be something similar operating now?

[LUCKMCFLY]

It really is very gratifying that I was able to have that experience in 2014, I began to learn about the benefits of BTC E in 2017, and you are absolutely right, in fact now there are very few sites that do not require KYC, for everything it is a KYC, I believe that privacy and anonymity is undoubtedly a right that has been taken away from us little by little, and I believe that this is now a trend that is irreversible.

For now, the safest are those who can actually respond in terms of security. In some quite famous and good casinos they are beginning to accept the use of VPN, which in some were removing everything related to this type of freedom, if the casinos establish better freedoms in terms of anonymity, I think many will go there.

[bitbollo]

I have used both Satoshi Bones and Direct Bet. Both websites provided a new kind of gambling experience.
Another site that allowed you to bet directly on chain was SecondTrade with their binary options bets and other blockchain-based games.

I have to spent some words about DirectBet. This site is literally unforgettable, with its competitions and ease of placing bets.
Unfortunately, as OgNasty recalled, the whole mechanism was attacked and destroyed making the business no longer viable

[Jody.Drummer]

Onchain gambling is gone, it was one of the first ways to gamble our bitcoins... The casinos used to be totally anonymous, to the point where you don't have to create an account on the casino to place a bet. And that was what I call freedom.

When I join to this crypto world in 2014, there use to be 2 casinos with this feature, their name was Lucky bit and Satoshi Bones. And their games have a unique address where you can send your coins and get back to the bet result to the address where the bet comes from. That was how they didn't ask for an account to place a bet.

Those engines were provably fair, and the max wins were up to 100BTC in lucky bit (in that time BTC was at $500 approx) but still huge.

The new casinos are crazy with their KYC rules and customer support. They hold users' money as if they were the owners of the money, and you can find all the same slots games bringing a lack of original and probably fair games.

Maybe regulation brings us to the current situation, but in the past was funnier, fair, and legit. And that's why I miss the old onchain gambling.

Do you remember those old casinos, and what are your thoughts about the current gaming sites compared with the old ones?

I really understand your longing, we are the same. But in this case, it's hard to avoid anonymity where policies are getting stricter, we can't help but live in an age where Bitcoin is still being ignored. Therefore, more and more casinos now require us to KYC because Bitcoin has a very large adoption rate and very strict attention. Maybe all we can do is look for loopholes little by little to minimize but not be completely anonymous. At least pick and choose casinos that don't tighten KYC matters.

[Ulven]

Online gambling has witnessed a tremendous growth since the emergence of the pandemic, so that central gambling sites began working on developing the infrastructure to avoid legal problems related to money laundering and financing terrorist groups. Unfortunately, I haven't had the experience of using decentralized casinos that don't require KYC, but at the moment if these casinos are back in business they will find it very difficult to gain clients.

[milewilda]

I remember something like DirectBet? IIRC. I know that it will already give you a unique address on this specific match/event when it comes to depositing etc. It's like the funds is on hold there then sent to you a new one on an address that you provided. Oh I remember the days. It was easy to play etc. I know that there are politics too there.

It's easy because it's automatic, however, I think that would not be too attractive especially if the transaction fee is very expensive. It was  very popular gambling site back in the day but they just suddenly stopped their business, probably due to regulatory problem.

I know, the fees are definitely a thing but with its anonymity, it's great. And the fees with BTC are not high anymore so I think it wouldn't be a problem now. I do remember DirectBet it being great but suddenly stopping their business. Maybe there could be something similar operating now?

I remember Onehash which you could make out some direct betting but as i have checked as of this moment its entirely been changed.So far i havent seen on which is similar to
Directbet which i couldnt deny that this kind of betting without the need of any account is surely something that interesting as long the fees would really be that cheap
then you would really see this to be interesting but if fees are on the roof then for sure you would really be avoiding on making transactions like this.

[kaya11]

Onchain gambling is gone, it was one of the first ways to gamble our bitcoins... The casinos used to be totally anonymous, to the point where you don't have to create an account on the casino to place a bet. And that was what I call freedom.

When I join to this crypto world in 2014, there use to be 2 casinos with this feature, their name was Lucky bit and Satoshi Bones. And their games have a unique address where you can send your coins and get back to the bet result to the address where the bet comes from. That was how they didn't ask for an account to place a bet.

Those engines were provably fair, and the max wins were up to 100BTC in lucky bit (in that time BTC was at $500 approx) but still huge.

The new casinos are crazy with their KYC rules and customer support. They hold users' money as if they were the owners of the money, and you can find all the same slots games bringing a lack of original and probably fair games.

Maybe regulation brings us to the current situation, but in the past was funnier, fair, and legit. And that's why I miss the old onchain gambling.

Do you remember those old casinos, and what are your thoughts about the current gaming sites compared with the old ones?

I never tried the old ways of how people get to gamble with crpyto because I entered this field in 2017 and it was the year of hype and new ATH for most coins. Your experience is great and somehow gives me a little bit of fear maybe because I never really have done it. That is way too simple and no hustles as you stated, I wonder how did it end up like these with so many regulations and restrictions. So much about control, Bitcoin was made to express our freedom and now, it ain't going there somehow in some parts.

[keyscore44]

Onchain gambling is gone, it was one of the first ways to gamble our bitcoins... The casinos used to be totally anonymous, to the point where you don't have to create an account on the casino to place a bet. And that was what I call freedom.

When I join to this crypto world in 2014, there use to be 2 casinos with this feature, their name was Lucky bit and Satoshi Bones. And their games have a unique address where you can send your coins and get back to the bet result to the address where the bet comes from. That was how they didn't ask for an account to place a bet.

Those engines were provably fair, and the max wins were up to 100BTC in lucky bit (in that time BTC was at $500 approx) but still huge.

The new casinos are crazy with their KYC rules and customer support. They hold users' money as if they were the owners of the money, and you can find all the same slots games bringing a lack of original and probably fair games.

Maybe regulation brings us to the current situation, but in the past was funnier, fair, and legit. And that's why I miss the old onchain gambling.

Do you remember those old casinos, and what are your thoughts about the current gaming sites compared with the old ones?

Unfortunately, we can observe how the regulations are entering the world of cryptocurrencies from everywhere. Cryptocurrency companies (casinos as well) are getting bigger and want to operate legally, which is why they are forced to require KYC verification due to the law.
However, this is not the end of anonymous casinos. On some of them you can register with e-mail only. Such anonymous registration still exists on the 1xBit platform, for example.

[shasan]

At the old times,their was only few casino and now was used by the few people.The price of bitcoin was around 500$ and will be distributed among all the winner.The kyc procedures was easy for before.Now the procedure of kyc hard.And they taking huge time for the verification of our kyc.So it’s hard to hold our Privacy.

Where you found the kyc easier before, base on the op I came to know they didn't require any kyc before. As there was no kyc that was the real freedom and now there is no freedom as they require KYC. And I think kyc is kyc there is no classification of hard kyc and easy kyc.

[hZti]

Anonymous gambling sites will get into legal trouble sooner or later. It is in general more beneficial for the customer than the operator to have the site run anonymous so that’s why there are less and less sites like this. Especially because the potential penalties for money laundering etc. are high.

[South Park]

I have encountered that type of casino but I believe, that kind of gambling will not be a hit anymore in today's situation.
For one, because there are so many scammers, we don't know if the operator will be honest with their operations.
Also, if you are not creating your account, it is hard to prove that you are the owner if you happen not to screenshot your games or save your address/keys.
With centralized gambling sites, you have the chance to recover your account if you forgot your password as you can contact their support.
People nowadays prefer centralized as they have more confident that if something goes wrong, they can always contact the site or other people to help them out of the situation.

What happens is that things have changed, on the early days of this market when the majority of those that were buying bitcoin believed in the technology and the ideology behind it, it made sense that casinos did their best to give to gamblers what they wanted, also governments still had not taken such a hard stance against the privacy of gamblers and traders, but since then the circunstnaces have changed and most of the people invested in bitcoin today do not really care too much about keeping their privacy and instead prefer to get bigger bonuses even if that means going through KYC policies.

[nakamura12]

It is definitely true that most casinos right now ask KYC to their gamblers even if you didn't do any suspicious things and it's also in their rules and regulations or terms and conditions that they have the right to hold your funds. What I think about the casinos right now is that I hate it when I wanted to gamble to a casino but to withdraw the funds then I must complete KYC first before it gets processed and the minimum withdrawal amount and transaction fee is not friendly for small time gamblers like me. I do understand why they must ask for KYC which is to prevent money laundering but I think there is a possibility that there's still people who might be able launder money or manage to do money laundering even though they have to go through KYC.