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Author Topic: Bitcoin Casinos Vs Ethereum Casinos  (Read 721 times)
coinerer
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June 25, 2022, 10:42:24 AM
 #61

Many users have already pointed out some "issues" related Eth Casinos. First of all ... ETH is not really decentralized as bitcoin.
Secondly you have high transaction fees (moreover if you send less gas your transaction fail and you loss the amount sent).
Plus there casinos are not really famous as the classic one (crypto or bitcoin casino).
I think that the best option is a casino that allow "multi coins" and not only one or a couple of choice. Moreover the most bigger and famous casinos have already this option ...
Yes it is a great problem for ethering Casino the transaction fees is very high for Ethereum. And Italian is not totally decentralised. People not like Ethereum. Now I seen every casinos site have multi coin support facilities . There are have Ethereum, Bitcoin ,litecoin, bnb ,usdt and many others coins. So it is not mettle for us to choice any Specified coin like btc or eth. We can easily use multi coin

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June 25, 2022, 11:08:15 AM
 #62

I am always gonna choose a bitcoin casino over an ethereum casino. Nothing wrong with ethereum but fees do get ridiculous at times. I think both are fine as far a play goes, but  most are going to want to save a buck or 2 if they can.

I would like to see a casino that allows me to cash out in the currency of my choice, without having to pay an exchange fee. That would be interesting.

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June 25, 2022, 11:28:41 AM
 #63

After reading this article, I thought about starting to use an Ethereum Casinos. What do you think about this?
https://cryptogeek.info/en/blog/btc-eth-casinos
P.S. There is no casino advertising in the article.

You can either make a bitcoin casino or a crypto casino which has most of the established coins.
But there's no point in making an ethereum casino at all. ETH fees are huge when the network is congested.
People would rather stop gambling on your casino at times like these which would directly result in a loss of revenue for you.
So the best thing to do would be to create a crypto casino but even then there are so many casinos already.
So the competition is really tough. Might as well think of something unique but a n ethereum casino is a bad choice.

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June 25, 2022, 02:08:24 PM
 #64

After reading this article, I thought about starting to use an Ethereum Casinos. What do you think about this?
https://cryptogeek.info/en/blog/btc-eth-casinos
P.S. There is no casino advertising in the article.

In my opinion using bitcoin is the best option I say this because the withdrawal fees and even the minimum withdrawal amount is not a very high value in the casino I'm using, I'm talking about stake.com and we have to take into account that using altcoins if became a big danger after what happened with Luna, honestly I stopped day trading with altcoins because I'm afraid of altcoins, for now I'm still doing bets with litecoin but I intend to change and just use bitcoin, because I usually use bitcoin also to place bets and I definitely do not and will not use ETH and other altcoins

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June 25, 2022, 11:41:13 PM
 #65

You can either make a bitcoin casino or a crypto casino which has most of the established coins.
But there's no point in making an ethereum casino at all. ETH fees are huge when the network is congested.
People would rather stop gambling on your casino at times like these which would directly result in a loss of revenue for you.
So the best thing to do would be to create a crypto casino but even then there are so many casinos already.
So the competition is really tough. Might as well think of something unique but a n ethereum casino is a bad choice.

I think creating or building an ETH casino is not OP's goal or purpose but rather looking for opinions if playing in Ethereum casinos is somehow convenient too like playing in the usual bitcoin casino. We really are concerned about gas fees in ETH and I think there will be no solution for it for now. Depositing ETH to an external service will likely cost a huge fee compared to usual.

The only advantage of using ETH casinos, as I mentioned already, is the ability to link our own wallet like Metamask into the platform making the deposit cheaper and much safer. But I doubt gamblers really prefer that way that's why it's now up to OP if he will test the experience of gambling in an ETH Casino.
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June 26, 2022, 12:05:48 AM
 #66

What do you think about this?
Similar to what the others have said i'd also pick bitcoin casinos since you'd have tons of options to choose from and there's countless bitcoin casinos compared to ethereum casinos. As mentioned in the blog that ethereum casinos provide a bit of convenience since you can simply connect your wallet but I honestly don't mind creating an account. It'd be interesting if there's an ethereum casino that could keep up with the rest of the popular casinos.

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June 26, 2022, 01:03:24 AM
 #67

I still gamble using Bitcoin instead of Ethereum, because I rarely use gambling dApps besides that it's not that interesting either, rather than Ethereum maybe I will use other altcoin in gambling dApps with relatively cheaper fees. Also Bitcoin casinos have dominated the gambling market for a long time, popularity is still number 1 and no doubt people believe 100% more in Bitcoin than other cryptocurrencies.
Same here as I prefer using XRP or Dogecoin to gamble than Ethereum  because i have a bad experience in Ethereum in 2021 when the Fee of Ethereum is higher than bitcoin in which I really felt frustrated in using that.
Now that I learn my lesson then I consider other coin than ethereum and so i choose Bitcoin still or other altcoin than ETH.

During the ATH of the top coins and of course, getting congested that's the era i find some gambling platform that has a lower transaction fee but some of them are still the same rate of it, that's the reason i need to find a platform supported coins that has lower transaction fees, with those I prefer with the XRP because it quite fair with the fees at the same time it is fast to arrive than the other coins like LTC base on my experience but now it is less congested in the market the fees are current low now.
Yeah , thats why we explore with other coins because of the struggle in High Fees from bitcoin and ethereum , have not you tried using Dogecoin or Tron mate? both has also lowering fees when the congestion is still in place.
But yeah back in 2017-2018 , I also use Litecoin but when the sudden dumping happened? i stopped collaborating in Litecoin and find options with safer funds.

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June 26, 2022, 01:15:10 AM
 #68

After reading this article, I thought about starting to use an Ethereum Casinos. What do you think about this?
https://cryptogeek.info/en/blog/btc-eth-casinos
P.S. There is no casino advertising in the article.
It depends on the preference of the gamblers because we have our own choice for what we think is more convenient to use. There's an advantage if you'll choose ETH casinos like what the article mentioned (if you read it). But I still prefer to use Bitcoin when I gamble because thats what I used to eversince. Moreover centralized casinos (especially those popular and big platform) are also offering other altcoins as an option to make deposit/withdrawal so its convenient for gamblers.

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June 26, 2022, 02:00:07 AM
 #69

After reading this article, I thought about starting to use an Ethereum Casinos. What do you think about this?
https://cryptogeek.info/en/blog/btc-eth-casinos
The article completely missed the, what I call as, Hybrid casinos. There are centralized gambling platforms that has some dapp-like features. You create your account with the usual email, you deposit to the wallet assigned to your account, and you're good to go but the platform also allows you to just connect your non-custodial wallet (i.e Metamask) and play. What's also good about them is that they support smart contracts from other networks (faster and cheaper than Ethereum blockchain).
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June 26, 2022, 11:14:11 AM
 #70

Whatever the discussion in the article be about, according to your question @op, Bitcoin, Ethereum are both crypto currencies accepted by casinos as a means of deposit and withdrawal, I actually I don't think there is any crypto casino that accepts Bitcoin deposits that doesn't accept Ethereum deposits as well.
Even when we narrow it down to what the article discussed about Casinos running as decentralized application on Ethereum blockchain, I think this casinos still find a way to accept Bitcoin payment as they would definitely lose a good share of money and customers if they don't.
So for me personally, it doesn't matter whether its a Bitcoin or Ethereum Casino, what really matter is what the casino offers, the kind of games available and how user friendly the casino is plus other important features.

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June 26, 2022, 11:21:41 AM
 #71

Whatever the discussion in the article be about, according to your question @op, Bitcoin, Ethereum are both crypto currencies accepted by casinos as a means of deposit and withdrawal, I actually I don't think there is any crypto casino that accepts Bitcoin deposits that doesn't accept Ethereum deposits as well.
Even when we narrow it down to what the article discussed about Casinos running as decentralized application on Ethereum blockchain, I think this casinos still find a way to accept Bitcoin payment as they would definitely lose a good share of money and customers if they don't.
So for me personally, it doesn't matter whether its a Bitcoin or Ethereum Casino, what really matter is what the casino offers, the kind of games available and how user friendly the casino is plus other important features.
Exactly, they understand the competition, they cannot make their payment method exclusive to bitcoin or Ethereum only, they have to give what the clients are asking in order to compete with other casinos. Right now, most of the casinos have more than 5 payment method, some even have stable coins as some gamblers would also choose a stable coin to avoid volatility.

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June 26, 2022, 11:33:36 AM
 #72

I would like to see a casino that allows me to cash out in the currency of my choice, without having to pay an exchange fee. That would be interesting.

Duelbits has this kind of feature, It allow you to choose currency that you want to withdraw even if you deposit different currency without paying exchange fee. However your deposit will be converted automatically to USD by the time your balance arrived to you casino wallet. Duelbits is very good to use in bear market since your asset fiat value will be safe and you have flexibility to withdraw to any currency that you want as long it is supported by them.

I assume this kind cashout to any currency is what you are looking for.

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June 26, 2022, 11:42:01 AM
 #73

For my casino gambling I do use anyone of them be it Bitcoin or ethereum, only that I frequently use Bitcoin  to Ethereum, and most of the casino sites do accept both currencies, this days you can hardly find any casino accepting just Bitcoin alone. So it just left for the customers based on preference to choose which to frequently or seldom use.

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pawanjain
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June 26, 2022, 01:07:55 PM
 #74

You can either make a bitcoin casino or a crypto casino which has most of the established coins.
But there's no point in making an ethereum casino at all. ETH fees are huge when the network is congested.
People would rather stop gambling on your casino at times like these which would directly result in a loss of revenue for you.
So the best thing to do would be to create a crypto casino but even then there are so many casinos already.
So the competition is really tough. Might as well think of something unique but a n ethereum casino is a bad choice.

I think creating or building an ETH casino is not OP's goal or purpose but rather looking for opinions if playing in Ethereum casinos is somehow convenient too like playing in the usual bitcoin casino. We really are concerned about gas fees in ETH and I think there will be no solution for it for now. Depositing ETH to an external service will likely cost a huge fee compared to usual.

The only advantage of using ETH casinos, as I mentioned already, is the ability to link our own wallet like Metamask into the platform making the deposit cheaper and much safer. But I doubt gamblers really prefer that way that's why it's now up to OP if he will test the experience of gambling in an ETH Casino.

Well in that case I think it's best not to try ETH casinos at first place.
Firstly there's a risk that not all casinos might be genuine, some may even run away with our coins.
Secondly, if we don't have a control on ourself from gambling then we might end up gambling all that we have in our wallet.
So these are some strong reasons why I wouldn't use a ETH casino.
It's better to deposit a small amount to gamble and then make the other deposit only when it is all gone.

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June 26, 2022, 10:24:19 PM
 #75


His final thoughts was a conclusion in this article. This is why Casino Dapps is not winning when it comes to the adoption.
Its all the same as long as you won't be playing ETH by connecting your wallet to a Dapp. You'd be spending a lot for transaction alone. But depositing ETH on a casino, you won't be spending ETH transaction and this will make it even with BTC. Fee is a factor to chosing. If you  prefer BTC, you will also prefer the casino where withdrawal fee is very minimum or close to acceptable.

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June 26, 2022, 11:06:43 PM
 #76

After reading this article, I thought about starting to use an Ethereum Casinos. What do you think about this?
https://cryptogeek.info/en/blog/btc-eth-casinos
P.S. There is no casino advertising in the article.
i think that every cryptocurrency can be used for casino game or we have specific cryptocurrency that is suit for casino game. If not that I come across this I wouldn't have known that casino game can be use such as Ethereum can use instead of bitcoin to play the game. I think that I need more clarification concerning using Ethereum for casino game what I know very well how many people use for casino deposit is Bitcoin mainly I've never had of Ethereum people use for playing the game so I think I need more clarification on that if any altcoin project can equally use for playing casino game.
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June 26, 2022, 11:46:28 PM
 #77

Cryptocurrency Two Coins One of the most popular is Etherium Casino to Bitcoin Casino. But the cost of Etherium Casino is much higher than Bitcoin Casino.Personally, Ethereum is a little less popular due to its cost. But the cost of etherium has come down a bit due to the deplorable state of the market. But someday I'll be at Ethereum Casino Didn't gamble because of the extra cost.

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June 27, 2022, 01:20:06 AM
 #78

For my casino gambling I do use anyone of them be it Bitcoin or ethereum, only that I frequently use Bitcoin  to Ethereum, and most of the casino sites do accept both currencies, this days you can hardly find any casino accepting just Bitcoin alone. So it just left for the customers based on preference to choose which to frequently or seldom use.
Casinos now have many coins besides bitcoin and ethereum because they want to attract more gamblers to their casinos. By having a lot of coins as a betting medium, their casino can have many members who will use a lot of coins to bet. Sometimes I use altcoins to bet but most of the time, I make deposits using bitcoin and bet with conversion to usdt. But we can not compare bitcoin and ethereum because that will depend on what coin each gambler will use and make them comfortable to gamble.

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June 27, 2022, 01:59:38 AM
 #79

For my casino gambling I do use anyone of them be it Bitcoin or ethereum, only that I frequently use Bitcoin  to Ethereum, and most of the casino sites do accept both currencies, this days you can hardly find any casino accepting just Bitcoin alone. So it just left for the customers based on preference to choose which to frequently or seldom use.
Casinos now have many coins besides bitcoin and ethereum because they want to attract more gamblers to their casinos. By having a lot of coins as a betting medium, their casino can have many members who will use a lot of coins to bet. Sometimes I use altcoins to bet but most of the time, I make deposits using bitcoin and bet with conversion to usdt. But we can not compare bitcoin and ethereum because that will depend on what coin each gambler will use and make them comfortable to gamble.
Now almost all casinos having many coins for bet, deposit and withdrawal. They have such methods available to attract gamblers and make casinos easier. Which is actually a good facilities. These advantage have made the payment process much easier. This seems to be a good aspect to me too.

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topman21
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June 27, 2022, 02:55:31 AM
 #80

After reading this article, I thought about starting to use an Ethereum Casinos. What do you think about this?
https://cryptogeek.info/en/blog/btc-eth-casinos
P.S. There is no casino advertising in the article.
Bitcoin casinos are the most popular with people. I've been seeing people join Bitcoin casinos the most.Ethereum casino sites are not very popular because Ethereum transaction fees are very high.However, Bitcoin Casino is much more dear to me from different angles.

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