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Author Topic: I miss the old OnChain gambling  (Read 886 times)
wildan88
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May 11, 2022, 05:58:43 AM
 #61

I see sometimes new gambling sites but they offer an onchain gambling from different network and doesn't accept Bitcoin and TRX that's why they are being removed from the board but is there any exisiting site that offer onchan gambling games?

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May 11, 2022, 10:24:38 AM
 #62

The past must be said to be better than the present, when care is not taken the future will be worse than now. I could imagine the fun people had while staking bets through onchain, the stress free platforms, no Kyc, zero confirmation, safe from uploading important documents online. I guess alot of people were not interested in bitcoin in 2014 compared to today's crypto world where scam, fake projects and deceits surfaced the market like hungry men craving for quick wealth. The government is hitting the drum of regulating bitcoin so hard that everyone can hear the sound. This is what cryptocurrency related scam has caused!
Most crypto gamblers really don't want to do KYC just because it's to play gambling and crypto can give them that. With the increasing popularity of crypto in the community and they slowly find out what the benefits of crypto are for them, it will make people turn to crypto even though they still use fiat for their daily lives. But it seems that the existence of crypto today provides more benefits for the community so that they have their own choices to use crypto or fiat. With on-chain casino sites, gamblers can keep playing without having to register and enter their data and most importantly, they don't have to do KYC.

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May 11, 2022, 11:07:00 AM
 #63

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?


That's why the community should start asking, and start encouraging their favorite internet casinos/gambling sites to start implementing the Lightning Network. I believe that if implemented, some of them will start doing the natural evolution of offering games, or separate apps themselves where you interact directly with Lightning while playing the game. The same interaction with onchain gaming, but offchain. Cool

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May 11, 2022, 11:46:41 AM
 #64

I see sometimes new gambling sites but they offer an onchain gambling from different network and doesn't accept Bitcoin and TRX that's why they are being removed from the board but is there any exisiting site that offer onchan gambling games?
Well as far as I know EOSbet was the first on-chain gambling casino before that becomes popular.
I don't know what is the reason they are slowly fading in this gambling industry, the reason that comes up in my mind is that there is no provably fair on the onchain gambling casino or perhaps I am wrong with this conclusion. But still, they are good gambling casinos.









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May 11, 2022, 11:59:19 AM
 #65

The contribution that has been made by the old casinos not just to the market but also to the current situation of online gambling were huge. But change is constant.
Everything is evolving they have done their part and their purpose, and we are now in a better position, what we are right now we owe a lot of the changes and the flaw of the old model, the scams can easily be traced and cheaters are caught and that could have not been possible without the changes the new and existing casinos have implemented.
We need to also recognize their contribution, we cannot move on to the present without the flaw in the old model.
It's true that because of those changes, we've moved forward.

That's how it should go and the way that casinos have improved, we've seen the new ones and upgraded versions to make their service better. And, we're missing the old ones just as OP has said.

But, we can no longer be with the past and has to move forward for the betterment of this side of gambling.

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May 11, 2022, 12:47:16 PM
 #66

I like the casino now more than the old ones, I read something like this years ago, but the new model attracts more players and the casinos can serve the gambling community better, the Cryptocurrency technology has gone a long way.

We are better and we are stronger the proofs are many fiat online casinos are now moving to Crypto casinos this is where money is and this is where the large community of gamblers are.


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May 11, 2022, 05:11:41 PM
 #67

Now you mentioned, I remember there was a site that pays satoshi on click and view website they want to advertise. Yup, the kind of PTC that was popular back then but this one pays in satoshi and has some casino games so you can gamble on your earnings at there as well. I think they also did give out 1 unique address to users without any reg account, allowing users to deposit more money if they think they are on roll without any hassle.   
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May 11, 2022, 05:24:42 PM
 #68

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.
You simply send money to an address, and depending on the result of a block, you get returns or not. That's how satoshidice did it back in the day, you would send your money and then you will get it back if you won or if not then you would not get it.

Today that would be silly because even the fee's alone would eat it up, think about it each bet would have to be paid a fee for and now instead you get something like a cashback or rewards or whatever instead. On chain wasn't something to miss, the second just-dice and primedice created the off-chain betting everyone moved there and it was a no brainer, no reason to keep gambling there at that point.

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May 11, 2022, 07:47:12 PM
 #69

Well, things do change and we need to embrace that and for some obvious reasons we are moving forward to what's the future would hold. I do like onchain gambling feature as I've read it, but if it isn't a trend anymore then there has some downside in it as well.

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May 11, 2022, 08:44:56 PM
 #70

Go using "Chain-Bet"

They're on-chain betting using Litecoin, already in service since 2016 : https://bitcointalk.org/index.php?topic=1492457.400 feel free to read the thread here. To be honest, on-chain bettins is not quite popular at all.

Since is really lame, and not brig any fun at all.

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May 11, 2022, 09:52:33 PM
 #71

Honestly, I don't think high fees and slow transactions confirmation are the only or the main reasons why those on-chain casinos shut down their services and ceased to exist. The lightning network, for example, solves the above issues. So, if there was really a demand for, or interest in, such games then someone would have already relaunched a similar casino and implemented the lightning network to receive and issue payments. Zero-confirmation transactions can also solve those issues but it's a bit more risky.

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May 11, 2022, 10:10:49 PM
 #72

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?

Completely agree.

Some on-chain casinos were goated, for instance Directbet - I remember you could literally drop tens/hundreds of BTC per bet and it's just such a smooth and classic experience.

But some others like Chain-bet just never took off despite being on chain, mostly because it was just really inconvenient to use their platform. And I certainly don't miss that.
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May 11, 2022, 10:22:23 PM
 #73


Completely agree.

Some on-chain casinos were goated, for instance Directbet - I remember you could literally drop tens/hundreds of BTC per bet and it's just such a smooth and classic experience.

But some others like Chain-bet just never took off despite being on chain, mostly because it was just really inconvenient to use their platform. And I certainly don't miss that.
We do have different impressions when it comes to onchain bets and we've seen on how popular Directbet in the past despite on having that feature.
Some do love and some doesnt like due to some inconvenience but i do really love to see that it would be offered again by some platform in near future.
Its a matter of preference on each user though.

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May 11, 2022, 10:48:17 PM
 #74


Completely agree.

Some on-chain casinos were goated, for instance Directbet - I remember you could literally drop tens/hundreds of BTC per bet and it's just such a smooth and classic experience.

But some others like Chain-bet just never took off despite being on chain, mostly because it was just really inconvenient to use their platform. And I certainly don't miss that.
We do have different impressions when it comes to onchain bets and we've seen on how popular Directbet in the past despite on having that feature.
Some do love and some doesnt like due to some inconvenience but i do really love to see that it would be offered again by some platform in near future.
Its a matter of preference on each user though.
^ It is like some old school but there are too many gamblers preferred to use this game of on-chain gambling that is purely based on luck, if you want to try your luck probably this is the best thing for you. The reason why they did not exist is that on-chain gambling has a higher house edge and as far as I know, it has a 6%-10% house edge which is the RTP to the gamblers is not quite good.
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May 11, 2022, 10:57:51 PM
 #75


Completely agree.

Some on-chain casinos were goated, for instance Directbet - I remember you could literally drop tens/hundreds of BTC per bet and it's just such a smooth and classic experience.

But some others like Chain-bet just never took off despite being on chain, mostly because it was just really inconvenient to use their platform. And I certainly don't miss that.
We do have different impressions when it comes to onchain bets and we've seen on how popular Directbet in the past despite on having that feature.
Some do love and some doesnt like due to some inconvenience but i do really love to see that it would be offered again by some platform in near future.
Its a matter of preference on each user though.
^ It is like some old school but there are too many gamblers preferred to use this game of on-chain gambling that is purely based on luck, if you want to try your luck probably this is the best thing for you. The reason why they did not exist is that on-chain gambling has a higher house edge and as far as I know, it has a 6%-10% house edge which is the RTP to the gamblers is not quite good.
They have higher house edge which is something that most gamblers are really keen to get involved with but surprisingly Directbet did really able to get good number of player even with that kind of arrangement or feature.Whats the reason on why it hasn't been continued or other platforms never consider to create something similar of it?

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May 12, 2022, 05:20:46 AM
 #76

I see sometimes new gambling sites but they offer an onchain gambling from different network and doesn't accept Bitcoin and TRX that's why they are being removed from the board but is there any exisiting site that offer onchan gambling games?
Well as far as I know EOSbet was the first on-chain gambling casino before that becomes popular.
I don't know what is the reason they are slowly fading in this gambling industry, the reason that comes up in my mind is that there is no provably fair on the onchain gambling casino or perhaps I am wrong with this conclusion. But still, they are good gambling casinos.

I played once on EOS bet which is now Earnbet.io what I think the reason it fades is because the lack of uses of their coin I think you can earn BET coin when you play or wager and you can use it to stake to earn dividends and also I don't see any new games from them so I think that is also one reason why people lose interest on it.

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May 12, 2022, 05:57:23 AM
 #77

I got curious with this OnChain gambling, what is the difference between this game and the provably fair games? In most casinos the games they have are originals and those games are provably fair wasn't that OnChain gambling? I get a little confused about this types of gambling.

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May 12, 2022, 07:19:43 AM
 #78

I got curious with this OnChain gambling, what is the difference between this game and the provably fair games? In most casinos the games they have are originals and those games are provably fair wasn't that OnChain gambling? I get a little confused about this types of gambling.
I don't know the details of Onchain gambling but they want related anonymity of all gambler's identity, decentralized gambling can be used by connecting wallet and every bet from manual transaction but now it is not effective to use because of blockchain dense transaction.

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May 12, 2022, 07:32:06 AM
 #79

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?


Completely agree.

Some on-chain casinos were goated, for instance Directbet - I remember you could literally drop tens/hundreds of BTC per bet and it's just such a smooth and classic experience.

But some others like Chain-bet just never took off despite being on chain, mostly because it was just really inconvenient to use their platform. And I certainly don't miss that.


But that's the point of DirectBet closing down their services though. They can't assure the same "smooth experience" as they did during 2012. It was before my time in Bitcoin, but I believe it was a time when the blocks were always empty, and the fees were always low. It's simply not feasible anymore, for the casino and the user.

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May 12, 2022, 08:31:19 AM
 #80

I hope there are still left games like that but I think the sports betting and casinos are more in demand as they offer a variety of games that the player can choose from and even if some of the games came from third party service or we cannot verify their fairness a lot of people still play on those games with really a lot of money.

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