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Author Topic: I miss the old OnChain gambling  (Read 864 times)
dothebeats
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May 12, 2022, 09:36:58 AM
 #81

The old times were certainly great for gamblers. Anyone who wins a lot doesn't need to send KYC, but the platform just verifies that the game that was played was fair and went completely according to the rules of the said game. Lots of original concepts on games too, and most gamblers share tricks and tips on how to win against the casino and it's just overall enjoyable. Nowadays, it's just the same rehashed version of the same games over and over again that it's hard to find original content that is fun and enjoyable.

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May 12, 2022, 10:47:25 AM
 #82

The old times were certainly great for gamblers. Anyone who wins a lot doesn't need to send KYC, but the platform just verifies that the game that was played was fair and went completely according to the rules of the said game. Lots of original concepts on games too, and most gamblers share tricks and tips on how to win against the casino and it's just overall enjoyable. Nowadays, it's just the same rehashed version of the same games over and over again that it's hard to find original content that is fun and enjoyable.


What were those original Bitcoin casino games/apps? I believe Binary Options based on the price of Bitcoin was one such game, although I'm not sure if it was a game everyone could play onchain. But what I read/heard about that could be played onchain was a simple dice game called SatoshiDice, which could be revived in Lightning. There was another early site I heard was called AnoniBet, for sportsbetting.

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May 12, 2022, 11:20:48 AM
 #83

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.

One of the advantages of on-chain gambling is the fact that bets that were placed on the Blockchain, cannot be "deleted" by the casino. We have seen some casinos "hiding" traces of bet manipulation by simply removing an entry (bet slip or bet ID from their internal database, which is almost impossible with on-chain betting.)

So every bet made are being placed on the Blockchain, which makes this a trust-less, immutable and unbreakable system.  Wink  (Well, some miners have found ways to reverse bets and that lead to the closure of some sites.)  Tongue

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May 12, 2022, 03:46:27 PM
 #84

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.
We all have our own different kinds of tastes. Some wants old stuffs because they feel nostalgic with it but there are some like you that likes new stuff because of the reasons you said above. There are still some old sites that are operational up until today and they can be able to magnet a lot of players, like for example bitvest, primedice and bitsler.

To serve better doesn't only exist in new sites but it's a must for any site if only they want their players to stay with them. No need for a fiat casino to move in cryptos but they can just add cryptos on their supported currencies, that's it, they are now ready to accept crypto players. In fact many crypto casinos are also doing the same thing.

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May 12, 2022, 08:54:29 PM
 #85

One of the advantages of on-chain gambling is the fact that bets that were placed on the Blockchain, cannot be "deleted" by the casino. We have seen some casinos "hiding" traces of bet manipulation by simply removing an entry (bet slip or bet ID from their internal database, which is almost impossible with on-chain betting.)

So every bet made are being placed on the Blockchain, which makes this a trust-less, immutable and unbreakable system.  Wink  (Well, some miners have found ways to reverse bets and that lead to the closure of some sites.)  Tongue

those on the blockchain bets often had the same issues with hackers and abusers since they require to be service opensource games as well. Hence, not everyone would really dare to take that risk when the current gambling is already secured and entertaining enough. Onchain gaming can be an innovation, but when such innovation tends to be a risk, it is better to use the normal platforms and make it as entertaining and secured as it can. Transparency isn't always the winner in gambling.

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Lanatsa
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May 12, 2022, 11:52:37 PM
 #86

One of the advantages of on-chain gambling is the fact that bets that were placed on the Blockchain, cannot be "deleted" by the casino. We have seen some casinos "hiding" traces of bet manipulation by simply removing an entry (bet slip or bet ID from their internal database, which is almost impossible with on-chain betting.)

So every bet made are being placed on the Blockchain, which makes this a trust-less, immutable and unbreakable system.  Wink  (Well, some miners have found ways to reverse bets and that lead to the closure of some sites.)  Tongue

those on the blockchain bets often had the same issues with hackers and abusers since they require to be service opensource games as well. Hence, not everyone would really dare to take that risk when the current gambling is already secured and entertaining enough. Onchain gaming can be an innovation, but when such innovation tends to be a risk, it is better to use the normal platforms and make it as entertaining and secured as it can. Transparency isn't always the winner in gambling.
Plus having the hassle on making transactions often whenever you do make out some bets which is something that not really that appealing for most gamblers.They do really love to deal with instantaneous type of betting

rather than on making always some deposit on every bet you do make and considering that fees is still and expense then this isnt something to be that interesting in all possible angles.

Thats why we are really seeing that there are more to those traditionally casinos that we do have the in market with the same features.

R


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May 13, 2022, 06:00:28 AM
 #87

In general we humans tend to think that the past was better. In this case I think it also adds that when bitcoin and the crypto space were created there was less regulation and it was a bit more like the wild west. I also think that a large part of the gambling that operated under the table before 2010 switched to gambling with cryptocurrencies, as I mentioned recently in meta.

In any case, we are in the situation we are in, and although having a bit of nostalgia is very human, we have to adapt to the present situation.


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May 13, 2022, 06:14:41 AM
 #88

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.

directbet.eu was the best casino ever for me.

Everything was automated so by design, the player was never going to get scammed by the casino. Like you said, people abused their services and now there isn't any casino like this around anymore. (or maybe I don't know their existence) You didn't have to keep your coins in the casino wallet which was the most awesomest thing ever. I will forever remember this casino.

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VanityWallets2015
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May 13, 2022, 06:26:08 AM
 #89

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.

One of the advantages of on-chain gambling is the fact that bets that were placed on the Blockchain, cannot be "deleted" by the casino. We have seen some casinos "hiding" traces of bet manipulation by simply removing an entry (bet slip or bet ID from their internal database, which is almost impossible with on-chain betting.)

So every bet made are being placed on the Blockchain, which makes this a trust-less, immutable and unbreakable system.  Wink  (Well, some miners have found ways to reverse bets and that lead to the closure of some sites.)  Tongue

I get it now. But how about the provably fair games? can they be altered or deleted too? as they are not in the blockchain but only using a provably fair algorithm? It looks like the OnChain games are much better than the current ones we have but they only have limited games unlike table games and slots.

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May 13, 2022, 09:38:29 AM
 #90

In general we humans tend to think that the past was better. In this case I think it also adds that when bitcoin and the crypto space were created there was less regulation and it was a bit more like the wild west. I also think that a large part of the gambling that operated under the table before 2010 switched to gambling with cryptocurrencies, as I mentioned recently in meta.

In any case, we are in the situation we are in, and although having a bit of nostalgia is very human, we have to adapt to the present situation.
We have to adapt to the development of gambling platforms because they will renovate the interface according to the needs of the current users and offer the latest features for the new gambling games, so it doesn't matter if one wants to reminisce on the old version of the casino but actually it's not really interesting if played on advanced technology era.

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May 13, 2022, 09:43:11 AM
 #91

I get it now. But how about the provably fair games? can they be altered or deleted too? as they are not in the blockchain but only using a provably fair algorithm? It looks like the OnChain games are much better than the current ones we have but they only have limited games unlike table games and slots.
Because casino game betting has traces of transactions it's hard to manipulate (possibly) but we can't be sure it's valid information. So because of the limitations of games at the OnChain casino, gamblers are also bored and want changes to other gambling games, so the current development of casinos is better than OnChain.


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May 13, 2022, 12:55:41 PM
 #92

The world is changing and you have to change to, if don`t want to be the last. I join crypto world in 2016, but even for this time it was a huge quantity of changes in this world. New cryptocurrencies, new rules, masternodes, DeFi, NFT. There were just several places that need KYC. But everything changes and a businessman has to change his projects to match the current time. This gives us new opportunities, so i willn`t try to remember how it was 5-10 years ago.

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May 13, 2022, 08:22:05 PM
 #93

The world is changing and you have to change to, if don`t want to be the last. I join crypto world in 2016, but even for this time it was a huge quantity of changes in this world. New cryptocurrencies, new rules, masternodes, DeFi, NFT. There were just several places that need KYC. But everything changes and a businessman has to change his projects to match the current time. This gives us new opportunities, so i willn`t try to remember how it was 5-10 years ago.
Changes and innovation is something inevitable and for an industry like Gambling then it is really that understandable that they would really be needing out adjustments or making something new

which hadnt been existed on the market on where they would really be the first on giving out into the community or offering its service because once its been recognized then it would

really be in resulting for having that attention that they might able to pull it off which would really be good for the business.

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May 13, 2022, 08:26:46 PM
 #94

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.

I can align well with people who liked the online gambling. My personal view, and that is open for discussion, is that some of the games there were not strictly on the bitcoin chain, but rather on the Ethereum platform. I would not exactly class krytokitties as a gambling platform as such, but it does look like an speculation platform and made the network both consolidate and show as well the limits.

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May 13, 2022, 09:46:45 PM
 #95

I still found such kind of game here, actually i found them often here now, although its not about bitcoin only but other crypto with faster confirmation. The issue on this kind of gambling is not the provably fair its the reputation of the website compare to those licensed one. I found them too suspicious and too risky actually.

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May 13, 2022, 10:43:54 PM
 #96

I still found such kind of game here, actually i found them often here now, although its not about bitcoin only but other crypto with faster confirmation. The issue on this kind of gambling is not the provably fair its the reputation of the website compare to those licensed one. I found them too suspicious and too risky actually.

There's a new thread - https://bitcointalk.org/index.php?topic=5398548.0?
I do agree that with on-chain, it is the reputation itself of the site matters.
And how easy it would be to ask for assistance if you got any problem.
It says from the thread, you can contact them 24/7, but can they really assist their players?
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May 13, 2022, 11:04:19 PM
 #97

One of the advantages of on-chain gambling is the fact that bets that were placed on the Blockchain, cannot be "deleted" by the casino. We have seen some casinos "hiding" traces of bet manipulation by simply removing an entry (bet slip or bet ID from their internal database, which is almost impossible with on-chain betting.)

So every bet made are being placed on the Blockchain, which makes this a trust-less, immutable and unbreakable system.  Wink  (Well, some miners have found ways to reverse bets and that lead to the closure of some sites.)  Tongue

those on the blockchain bets often had the same issues with hackers and abusers since they require to be service opensource games as well. Hence, not everyone would really dare to take that risk when the current gambling is already secured and entertaining enough. Onchain gaming can be an innovation, but when such innovation tends to be a risk, it is better to use the normal platforms and make it as entertaining and secured as it can. Transparency isn't always the winner in gambling.

In the first place, they will not go obsolete if they are not abused and there were no flaws in their system but there were flaws and the current model proves to be a better one, secure for both gamblers and the admins, the one thing that we don't like is the KYC, KYC should be based on the trustworthiness of the casino, if the casino is reputable I'm ok with KYC as long as it meant to verify abuse or double account.
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May 13, 2022, 11:42:41 PM
 #98

One of the advantages of on-chain gambling is the fact that bets that were placed on the Blockchain, cannot be "deleted" by the casino. We have seen some casinos "hiding" traces of bet manipulation by simply removing an entry (bet slip or bet ID from their internal database, which is almost impossible with on-chain betting.)

So every bet made are being placed on the Blockchain, which makes this a trust-less, immutable and unbreakable system.  Wink  (Well, some miners have found ways to reverse bets and that lead to the closure of some sites.)  Tongue

those on the blockchain bets often had the same issues with hackers and abusers since they require to be service opensource games as well. Hence, not everyone would really dare to take that risk when the current gambling is already secured and entertaining enough. Onchain gaming can be an innovation, but when such innovation tends to be a risk, it is better to use the normal platforms and make it as entertaining and secured as it can. Transparency isn't always the winner in gambling.

In the first place, they will not go obsolete if they are not abused and there were no flaws in their system but there were flaws and the current model proves to be a better one, secure for both gamblers and the admins, the one thing that we don't like is the KYC, KYC should be based on the trustworthiness of the casino, if the casino is reputable I'm ok with KYC as long as it meant to verify abuse or double account.
We wont really be bothered if a certain gambling site would be asking some KYC and as long its known and reputable then we wont really be hesitating in doing so but we do see
that only a few casinos do really impose such thing and the rest arent still asking any verification or simply KYC because its been a number one kind of thing which the community
do really hate up the most and we do much prefer on playing as much as we could and thats why we do really have lots of options which we could choose on.

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May 14, 2022, 01:54:15 AM
 #99

I still found such kind of game here, actually i found them often here now, although its not about bitcoin only but other crypto with faster confirmation. The issue on this kind of gambling is not the provably fair its the reputation of the website compare to those licensed one. I found them too suspicious and too risky actually.

I played before on gambling site that is like that I think it was TRX network related gambling site, I am not sure but I think the game is rigged as I have played the dice game with 80% chance of winning but lose 8-9 streak consecutively. Although it is possible but I think something is not right on the site, or I am just unlucky. I forgot the name of the site.

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May 14, 2022, 05:40:47 AM
 #100

I play some of the gambling casino before but i didn't catch up the oldest one well but still this is good because we can see the improvement of the platform recently they have a smoother platform and animations with their user and also the security added a new layer for the safety of their players too.  Recently now people would like to keep themselves anonymously but of course if there's an issue the platform required the user for this.

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..CASINO....SPORTS....RACING..
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