nullama
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May 22, 2023, 11:13:45 PM |
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~snip~ I completely agree with you on this, I have been gambling on stake for several years now, and if I must confess, I have never read their terms and conditions once, but what is the secret as to why I've never had any issues? When I registered, I first of all submitted my documents for verification, I passed the verification before depositing my first dollar there to gamble.
My advice as well to those who do not have the time to read terms of casinos is to avoid registering and gambling on random casinos, most especially New ones, find a good casino with great reputation, verify your identity and then gamble there.
Yeah, I agree with that, the only issue with that is how do you know which site is good without trying it out first without IDs?, once you realize it's good you can send your documents. If you just sign up and send documents to any new site you could end up sending them to many places until you find a proper one.
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NicNacCoin
Sr. Member
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May 23, 2023, 02:21:20 AM |
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Furthermore, Bitcoin transactions are often cheaper and faster than traditional banking methods, which can save gamblers money and time.
Bitcoin transactions are much faster and time consuming than traditional transactions but for some days Bitcoin transactions have been facing the problem of extra fees. But the biggest problem is depositing bitcoins from other wallets to gambling and casino sites. If depositing bitcoins in low priority then it takes a long time to arrive in the bitcoin wallet causing additional problems. I deposit bitcoin on 8 Sat/VB few days ago but till today that bitcoin is not confirmed in my wallet.
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nitrobetting (OP)
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May 23, 2023, 05:37:58 PM |
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It's true Bitcoin is decentralized and the transaction can be completed without need of third party intermediaries, but if we use Bitcoin to gamble on centralized casino, it will ruin Bitcoin decentralization since the casino have a control over our coins.
When we're gamble using Bitcoin, it will not anonymous and private anymore because we need to submit our KYC due to the regulation on the casino.
The advantage of gamble using Bitcoin, it's just minimize of getting target by criminals.
Hi there, You're right that Bitcoin is a decentralized currency and that one of its benefits is that transactions can be completed without the need for a third party. Another way in which gambling with Bitcoin can lead to a loss of privacy is that many casinos require KYC (Know Your Customer) verification. This means we must provide the casino with personal information, such as our name, address, and date of birth. This information could then be used to track our gambling habits.
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LUCKMCFLY
Legendary
Online
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Leading Crypto Sports Betting & Casino Platform
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June 06, 2023, 09:47:24 PM |
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For me, one of the pros of using a casino that accepts bitcoin is the anonymity it provides (at least casinos that do not require kyc) I can easily deposit and withdraw my winnings to my wallet without any third party knowing what I’m doing. If I was to use fiat to gamble, the bank would have a record of my deposit and can dictate where I can send my money, I don’t like that one bit.
Well, I think you said everything, I also think that things move that way, I can't see any other alternative than what you say, but one of the bad things is that if the site doesn't have LN, because if bitcoin goes up a lot , the fees will be so high that you will never want to Withdraw, because I know that these problems always happen, but if a casino that is only Bitcoin corrects this, updates and puts its system based only on LN, I think it will be the most visited many Players, since things are different this way,or unless an Internal Exchange is made. I know what you mean, this is also related to the Bitcoin network crash a few days ago which made transaction fees very expensive for bitcoin. If the casino uses an ordinary Bitcoin network then it will be very impactful and transactions will be very expensive, of course no one wants to pay fees that are too expensive, even exceeding the bets we will make. Using an LN network can certainly be a solution, but not all casinos implement it. there are several gambling sites that use the LN network such as Betplay. and for internal exchange, of course it requires more complex development, it could be like an instant exchange for crypto and Fiat Assets or coins from the casino itself. Yes, I really had a bad Experience for those days , but after that it Helped me that I have to see each transaction and I will see the associated fee, as far as I am concerned I think that the banks should implement LN , because nobody cares. I like to pay a lot of fees in a withdrawal transaction , that is something that causes discomfort , if you earn in fiat let's say 80usd, and if you want to withdraw in bitcoin it is equivalent to Taking about 25usd from you and that is something that is not within the budget to assume , then the casinos need to make a move like that because when bitcon goes over $100k it's awesome.
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ChiBitCTy
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June 06, 2023, 10:17:55 PM |
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I mean the biggest thing for me was the ease of depositing and withdrawing of funds. Out of college I had a buddy who was a bookie and would use him exclusively until he decided he no longer wanted to do it. I had used my credit card before to fund accounts, but I didn't like the whole set up and I surely didn't like the shady looking checks that would take weeks to months to be paid out. I actually didn't realize many online casinos had switched to bitcoin for some time. Once I found out many used it, I was fully "back in the game". I don't spend outside my means, and treat it like a hobby.
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LUCKMCFLY
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June 06, 2023, 10:35:12 PM |
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For me, one of the pros of using a casino that accepts bitcoin is the anonymity it provides (at least casinos that do not require kyc) I can easily deposit and withdraw my winnings to my wallet without any third party knowing what I’m doing. If I was to use fiat to gamble, the bank would have a record of my deposit and can dictate where I can send my money, I don’t like that one bit.
Well, I think you said everything, I also think that things move that way, I can't see any other alternative than what you say, but one of the bad things is that if the site doesn't have LN, because if bitcoin goes up a lot , the fees will be so high that you will never want to Withdraw, because I know that these problems always happen, but if a casino that is only Bitcoin corrects this, updates and puts its system based only on LN, I think it will be the most visited many Players, since things are different this way,or unless an Internal Exchange is made. I know what you mean, this is also related to the Bitcoin network crash a few days ago which made transaction fees very expensive for bitcoin. If the casino uses an ordinary Bitcoin network then it will be very impactful and transactions will be very expensive, of course no one wants to pay fees that are too expensive, even exceeding the bets we will make. Using an LN network can certainly be a solution, but not all casinos implement it. there are several gambling sites that use the LN network such as Betplay. and for internal exchange, of course it requires more complex development, it could be like an instant exchange for crypto and Fiat Assets or coins from the casino itself. Sky-high fees, snail-pace transactions - a real pain in the neck for Bitcoin in the gambling world. Bitcoin's the big guy in the crypto ring, sure, but ain't without its weak spots. The Lightning Network? You hit the nail on the head, but let's face it, not every casino's in a rush to hop on. What's gonna make us kick up our heels? Think Altcoins, folks. Dogecoin, Litecoin, or the turbocharged Solana. Curious? Dogecoin, started as a joke, but now? A potential powerhouse for small transactions - cheap fees, fast times. Litecoin? Leaves Bitcoin in the dust, quadruple the speed. And Solana - think Bitcoin with a jetpack! So, why aren't more casinos grabbing these options? Now there's a riddle that could start a bonfire of a discussion! What happens is that when talking about altconis it is something that many do not like , although I know that if btcoin were to rise to at least $100k and there is the option to change them to Doge within the same casino, well in my In this case , I would not doubt it , because I can easily take it to an exchange and sell it and I have USDT or bitcoin, that is something that can also happen , LN is an option, many are very Reluctant to use Doge , of course because of Elon Musk it is their favorite currency and since he has not spoken very well of bitcoin that causes a lot of rejection in the Bitcoin Community.
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Slow death
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June 06, 2023, 11:13:18 PM |
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What happens is that when talking about altconis it is something that many do not like , although I know that if btcoin were to rise to at least $100k and there is the option to change them to Doge within the same casino, well in my In this case , I would not doubt it , because I can easily take it to an exchange and sell it and I have USDT or bitcoin, that is something that can also happen , LN is an option, many are very Reluctant to use Doge , of course because of Elon Musk it is their favorite currency and since he has not spoken very well of bitcoin that causes a lot of rejection in the Bitcoin Community. bitcoin has always been the number 1 priority for most people when they enter this cryptocurrency market, what has happened is the following: for people to transfer bitcoin to the casino they pay high fees, and I am not here talking about high fees when the situation becomes critical in the bitcoin network, I speak of fees compared to altcoin, for example in my case, I am a small player who only puts 10$ to play so in my case if I took 10$ then I would have to pay 1 or 2 dollars of fee and in the casino only 8 dollars would arrive, in the casino if I play and I have 13 dollars and I want to withdraw everything I will be deducted 2 or more dollars soon in my wallet, only 11 dollars will arrive and see that I am talking about casinos with the lowest withdrawal rate, because in the case of casinos that have 13 dollars of withdrawal fees, it is not even worth playing in them, so with 11$ I only I made 1$ profit, it just doesn't make sense to use bitcoin in this situation, that's why I use litecoin which doesn't even reach 0.20$ transaction and withdrawal fee, and that's why people use altcoins to play games, but they keep looking at bitcoin as number 1 because it's true, bitcoin is more reliable
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TheGreatPython
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June 07, 2023, 11:52:04 AM |
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It's true Bitcoin is decentralized and the transaction can be completed without need of third party intermediaries, but if we use Bitcoin to gamble on centralized casino, it will ruin Bitcoin decentralization since the casino have a control over our coins.
When we're gamble using Bitcoin, it will not anonymous and private anymore because we need to submit our KYC due to the regulation on the casino.
The advantage of gamble using Bitcoin, it's just minimize of getting target by criminals.
Hi there, You're right that Bitcoin is a decentralized currency and that one of its benefits is that transactions can be completed without the need for a third party. Another way in which gambling with Bitcoin can lead to a loss of privacy is that many casinos require KYC (Know Your Customer) verification. This means we must provide the casino with personal information, such as our name, address, and date of birth. This information could then be used to track our gambling habits. Gambling platforms or casinos don't really need your personal information to track your gambling habits since you already gamble with them, and if you are talking about your activities outside their own platform, that is not an option available to them at all. They can't track your habits or activities only by using your personal information unless they have links to every single casino platform that you use out there. The only downside of doing KYC is that you are no more anonymous for the platform operators and in case the platform you are using isn't trusted and reputable, your information might be misused but that doesn't happen all the time and one shouldn't do KYC in platforms that they don't trust.
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FatFork
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June 07, 2023, 01:28:44 PM |
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Gambling platforms or casinos don't really need your personal information to track your gambling habits since you already gamble with them, and if you are talking about your activities outside their own platform, that is not an option available to them at all. They can't track your habits or activities only by using your personal information unless they have links to every single casino platform that you use out there.
Hmm, I'm not sure if I should share this secret, but let's just say that you're not entirely correct. Each platform typically operates independently and has its own systems and databases. However, there are indeed scenarios where casinos have the ability to track your gambling activities across multiple platforms, particularly in the case of sportsbooks. If you're curious, you can do some research on your own to dig deeper into this.
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tusandii
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June 07, 2023, 02:08:38 PM |
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Gambling platforms or casinos don't really need your personal information to track your gambling habits since you already gamble with them, and if you are talking about your activities outside their own platform, that is not an option available to them at all. They can't track your habits or activities only by using your personal information unless they have links to every single casino platform that you use out there.
Hmm, I'm not sure if I should share this secret, but let's just say that you're not entirely correct. Each platform typically operates independently and has its own systems and databases. However, there are indeed scenarios where casinos have the ability to track your gambling activities across multiple platforms, particularly in the case of sportsbooks. If you're curious, you can do some research on your own to dig deeper into this. The database is always stored by the platform but for some reason the data can easily be known by other parties. Here I agree with you because the casino has a sophisticated team and technology that can do a lot of research and get various information about what their customers are doing, especially if the casino implements KYC it will be easier to find out. I have a thought that maybe one casino with another casino has connectivity or cooperation so that they can provide each other with some of the information needed, but this is just an afterthought so if it's wrong, please correct it.
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goldkingcoiner
Legendary
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Verified Bitcoin Hodler
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June 07, 2023, 02:29:30 PM |
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There are many advantages to the relationship between gambling and Bitcoin. Firstly, Bitcoin provides a secure and decentralized way to gamble online, which is attractive to many gamblers who value their privacy and security. Transactions are processed quickly and can be completed without third-party intermediaries, making it a popular choice for online gambling sites.
Another advantage of using Bitcoin for gambling is that it allows for more anonymity than traditional payment methods. This can be especially important for gamblers who wish to keep their gambling activities private.
Furthermore, Bitcoin transactions are often cheaper and faster than traditional banking methods, which can save gamblers money and time.
Many online casinos and sports betting sites now offer exclusive bonuses and promotions for Bitcoin users, which can provide gamblers with extra incentives to use Bitcoin for their online gambling activities.
Can you tell us another advantage of opening an account in a Bitcoin Sportsbook?
Bitcoin transactions are transparent and open to the public. Which means that anybody can take a look and trace/prove certain transactions. There is no middle man required for this. This also means that nobody can cheat/scam somebody just because their gambling experience did not turn out the way that they hoped it would. Currently, Bitcoin is working on cheaper transaction costs but there are also cheaper options. Especially other cryptocurrencies. Online crypto gambling casinos do provide a large amount of advertising for Bitcoin/crypto. They may even be one of the top promoters of Bitcoin. That is definitely a good thing. If casinos find more ways to connect normal people with Bitcoin, then I am more than happy about that.
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Cling18
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2023, 03:44:22 PM |
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There are many advantages to the relationship between gambling and Bitcoin. Firstly, Bitcoin provides a secure and decentralized way to gamble online, which is attractive to many gamblers who value their privacy and security. Transactions are processed quickly and can be completed without third-party intermediaries, making it a popular choice for online gambling sites.
Another advantage of using Bitcoin for gambling is that it allows for more anonymity than traditional payment methods. This can be especially important for gamblers who wish to keep their gambling activities private.
Furthermore, Bitcoin transactions are often cheaper and faster than traditional banking methods, which can save gamblers money and time.
Many online casinos and sports betting sites now offer exclusive bonuses and promotions for Bitcoin users, which can provide gamblers with extra incentives to use Bitcoin for their online gambling activities.
Can you tell us another advantage of opening an account in a Bitcoin Sportsbook?
Bitcoin transactions are transparent and open to the public. Which means that anybody can take a look and trace/prove certain transactions. There is no middle man required for this. This also means that nobody can cheat/scam somebody just because their gambling experience did not turn out the way that they hoped it would. Currently, Bitcoin is working on cheaper transaction costs but there are also cheaper options. Especially other cryptocurrencies. Online crypto gambling casinos do provide a large amount of advertising for Bitcoin/crypto. They may even be one of the top promoters of Bitcoin. That is definitely a good thing. If casinos find more ways to connect normal people with Bitcoin, then I am more than happy about that. The use of Bitcoin for gambling has been greatly supported by Crypto Casino, and certainly, their promotions have been successful in luring more users, particularly gamblers. Their advertisements in different websites and social media platforms and even in sports events had a huge impact on Bitcoin's growth which has also increased the number of Bitcoin users. However, Bitcoin has also been a good attraction to lots of gamblers who prefer using a well established coin and provide cheaper fee at the same time. These two actually work together and they also benefit gamblers who want to generate better profit and save transaction fees. Without Bitcoin, I'm certain that many gamblers are still suffering from fees and distress, and many may still be falling for fraudulent currencies.
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Josefjix
Sr. Member
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Online
Activity: 1288
Merit: 305
yes
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June 12, 2023, 03:09:49 AM |
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The use of Bitcoin for gambling has been greatly supported by Crypto Casino, and certainly, their promotions have been successful in luring more users, particularly gamblers. Their advertisements in different websites and social media platforms and even in sports events had a huge impact on Bitcoin's growth which has also increased the number of Bitcoin users. However, Bitcoin has also been a good attraction to lots of gamblers who prefer using a well established coin and provide cheaper fee at the same time. These two actually work together and they also benefit gamblers who want to generate better profit and save transaction fees. Without Bitcoin, I'm certain that many gamblers are still suffering from fees and distress, and many may still be falling for fraudulent currencies.
Casinos that accept bitcoin as a payment method are the best options for gamblers who have issues about fees deducted while paying gaming fees. Another useful feature for gamblers is the ability to send bitcoin in exchange for gambling selections to be activated. Bitcoin is literally utilized for gaming in crypto-related casinos, and the traffic to these casinos' websites has increased since they tend to harbor more gamblers who are also familiar with bitcoin, and it is one of the simplest and fastest growing casino advancements in the system.
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kotajikikox
Full Member
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★Bitvest.io★ Play Plinko or Invest!
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June 12, 2023, 03:47:08 AM |
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The use of Bitcoin for gambling has been greatly supported by Crypto Casino, and certainly, their promotions have been successful in luring more users, particularly gamblers. Their advertisements in different websites and social media platforms and even in sports events had a huge impact on Bitcoin's growth which has also increased the number of Bitcoin users. However, Bitcoin has also been a good attraction to lots of gamblers who prefer using a well established coin and provide cheaper fee at the same time. These two actually work together and they also benefit gamblers who want to generate better profit and save transaction fees. Without Bitcoin, I'm certain that many gamblers are still suffering from fees and distress, and many may still be falling for fraudulent currencies.
Casinos that accept bitcoin as a payment method are the best options for gamblers who have issues about fees deducted while paying gaming fees. Another useful feature for gamblers is the ability to send bitcoin in exchange for gambling selections to be activated. Bitcoin is literally utilized for gaming in crypto-related casinos, and the traffic to these casinos' websites has increased since they tend to harbor more gamblers who are also familiar with bitcoin, and it is one of the simplest and fastest growing casino advancements in the system. not completely correct mate because bitcoin fees sometimes grows too much so there are still altcoin that can be alternative and that is what I'm doing sometimes , though it is always an advantage to have Bitcoin as betting and deposit method . ~snip~ for experienced gamblers I'm sure they understand everything about casinos without KYC and those asking for KYC, but for novice gamblers they very rarely understand this problem so many cases of gamblers complain of being refused when withdrawing funds on the grounds that KYC was refused because it was in a prohibited country according to the provisions Casino ToS. so it is very important for all professional and novice gamblers who want to gamble on online sites to always pay attention to the ToS in the FAQ before making a deposit or making a bet to avoid similar incidents.
Yeah, for any kind of service I always test the full deposit/withdrawal mechanism before putting a considerable amount of money in. There are just many types of services that simply take forever to withdraw or make it extremely painful and complicated, whereas the deposits are always way faster for some reason ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) and that is what most of us do , because admit it or not? casinos nowadays are hard to predict whos the legit and whos scam specially new casinos.
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wiss19
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June 12, 2023, 01:09:39 PM |
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The use of Bitcoin for gambling has been greatly supported by Crypto Casino, and certainly, their promotions have been successful in luring more users, particularly gamblers. Their advertisements in different websites and social media platforms and even in sports events had a huge impact on Bitcoin's growth which has also increased the number of Bitcoin users. However, Bitcoin has also been a good attraction to lots of gamblers who prefer using a well established coin and provide cheaper fee at the same time. These two actually work together and they also benefit gamblers who want to generate better profit and save transaction fees. Without Bitcoin, I'm certain that many gamblers are still suffering from fees and distress, and many may still be falling for fraudulent currencies.
Casinos that accept bitcoin as a payment method are the best options for gamblers who have issues about fees deducted while paying gaming fees. Another useful feature for gamblers is the ability to send bitcoin in exchange for gambling selections to be activated. Bitcoin is literally utilized for gaming in crypto-related casinos, and the traffic to these casinos' websites has increased since they tend to harbor more gamblers who are also familiar with bitcoin, and it is one of the simplest and fastest growing casino advancements in the system. not completely correct mate because bitcoin fees sometimes grows too much so there are still altcoin that can be alternative and that is what I'm doing sometimes , though it is always an advantage to have Bitcoin as betting and deposit method . You cannot describe Bitcoin as having high fees only because its network gets congested once in 2 or 3 years which is a very rare thing to happen, though one should always keep alternative options in case something like that happens but Bitcoin isn't generally a bad choice, but most gamblers prefer using stable coins for gambling only so that they can easily keep a count of how much they've spent or how much they've won or lost. Other than that, Bitcoin is the best cryptocurrency one can use for any sort of thing whether it's gambling, trading, or anything else. Bitcoin's transactions don't take much time when the network is clear which is another plus point that we should consider.
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Mauser
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 12, 2023, 01:27:15 PM |
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Many online casinos and sports betting sites now offer exclusive bonuses and promotions for Bitcoin users, which can provide gamblers with extra incentives to use Bitcoin for their online gambling activities.
Can you tell us another advantage of opening an account in a Bitcoin Sportsbook?
I think this is one of the best advantages bitcoin sportbooks and casinos offer the customers compared to fiat casinos. Over the last few years we saw a huge rise in the crypto gambling industry, which came from the hype in the crypto community. With many crypto investors making huge profits in the 2021 bull market, there was a lot of capital to be spend at the casinos. This growth allows crypto companies to offer better promotions and advertising than other companies and we customers should always look for the best deal. Having the option to choose from a large number of casinos is the benefit of the internet. And as long as they have a good reputation and our money is save, there is no issue to switch to the sportbooks with the best promotion.
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LUCKMCFLY
Legendary
Online
Activity: 2520
Merit: 1872
Leading Crypto Sports Betting & Casino Platform
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 12, 2023, 07:12:01 PM |
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Many online casinos and sports betting sites now offer exclusive bonuses and promotions for Bitcoin users, which can provide gamblers with extra incentives to use Bitcoin for their online gambling activities.
Can you tell us another advantage of opening an account in a Bitcoin Sportsbook?
I think this is one of the best advantages bitcoin sportbooks and casinos offer the customers compared to fiat casinos. Over the last few years we saw a huge rise in the crypto gambling industry, which came from the hype in the crypto community. With many crypto investors making huge profits in the 2021 bull market, there was a lot of capital to be spend at the casinos. This growth allows crypto companies to offer better promotions and advertising than other companies and we customers should always look for the best deal. Having the option to choose from a large number of casinos is the benefit of the internet. And as long as they have a good reputation and our money is save, there is no issue to switch to the sportbooks with the best promotion. Without a doubt, this is the case, we have also seen that one of the reasons why this type of public has increased is since the pandemic, where many people Preferred to go to casinos to resolve their situation, others requested bank credit , other loans The question is that when a person feels desperate, they resort to this type of means, out of desperation or simply to get out of a difficult situation quickly, this boom increased in profits for casinos, that's why I think that every time a crypto casino offers advantages for bitcointalk users , something very correct and Accurate precedes me.
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carlfebz2
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 12, 2023, 08:15:09 PM |
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The use of Bitcoin for gambling has been greatly supported by Crypto Casino, and certainly, their promotions have been successful in luring more users, particularly gamblers. Their advertisements in different websites and social media platforms and even in sports events had a huge impact on Bitcoin's growth which has also increased the number of Bitcoin users. However, Bitcoin has also been a good attraction to lots of gamblers who prefer using a well established coin and provide cheaper fee at the same time. These two actually work together and they also benefit gamblers who want to generate better profit and save transaction fees. Without Bitcoin, I'm certain that many gamblers are still suffering from fees and distress, and many may still be falling for fraudulent currencies.
Casinos that accept bitcoin as a payment method are the best options for gamblers who have issues about fees deducted while paying gaming fees. Another useful feature for gamblers is the ability to send bitcoin in exchange for gambling selections to be activated. Bitcoin is literally utilized for gaming in crypto-related casinos, and the traffic to these casinos' websites has increased since they tend to harbor more gamblers who are also familiar with bitcoin, and it is one of the simplest and fastest growing casino advancements in the system. not completely correct mate because bitcoin fees sometimes grows too much so there are still altcoin that can be alternative and that is what I'm doing sometimes , though it is always an advantage to have Bitcoin as betting and deposit method . You cannot describe Bitcoin as having high fees only because its network gets congested once in 2 or 3 years which is a very rare thing to happen, though one should always keep alternative options in case something like that happens but Bitcoin isn't generally a bad choice, but most gamblers prefer using stable coins for gambling only so that they can easily keep a count of how much they've spent or how much they've won or lost. Other than that, Bitcoin is the best cryptocurrency one can use for any sort of thing whether it's gambling, trading, or anything else. Bitcoin's transactions don't take much time when the network is clear which is another plus point that we should consider. Some gamblers are really that mindful about their bitcoin spending on which they do presume or assume out that what it would be its future price if ever they do able to lost it, this is the time that they would really be thinking that it might really be 2x or 3x fold on the next month or on the bull run happens on which it cant really be that so shocking that there would be people who would really be thinking up this way. If we do speak about tools or currencies which can be used on gambling then there are tons and we know about fiat and crypto.Although they do have those differences but we know that we arent blind on which one is really that being preferred depending on what we do really like. Not all would really be liking about using up fiat due to some kyc issue or exposing your identity on which it is the sole reason on why they would be switching up to crypto due to this reason. We arent that blind about advantages and other stuffs which we know that lots of people would really be preferring on making use of Bitcoin.
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Tumanggor
Full Member
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Offline
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1xBit.. recovered their reputation
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June 12, 2023, 09:41:35 PM |
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There are many advantages to the relationship between gambling and Bitcoin. Firstly, Bitcoin provides a secure and decentralized way to gamble online, which is attractive to many gamblers who value their privacy and security. Transactions are processed quickly and can be completed without third-party intermediaries, making it a popular choice for online gambling sites.
Another advantage of using Bitcoin for gambling is that it allows for more anonymity than traditional payment methods. This can be especially important for gamblers who wish to keep their gambling activities private.
Furthermore, Bitcoin transactions are often cheaper and faster than traditional banking methods, which can save gamblers money and time.
Many online casinos and sports betting sites now offer exclusive bonuses and promotions for Bitcoin users, which can provide gamblers with extra incentives to use Bitcoin for their online gambling activities.
Can you tell us another advantage of opening an account in a Bitcoin Sportsbook?
everything you said about the advantages of gambling with bitcoin is true, but I think one thing you are missing is the fee fee. many sportsbook bitcoin gambling sites, withdrawing winnings no matter how much the fee is charged is still the same (although the bitcoin fee is still a little fluctuating) I am very thankful that bitcoin appeared in this world and I will not use fiat anymore to gamble, I will only use bitcoin to gamble
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AmoreJaz
Legendary
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Leading Crypto Sports Betting & Casino Platform
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June 12, 2023, 10:30:39 PM |
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Many online casinos and sports betting sites now offer exclusive bonuses and promotions for Bitcoin users, which can provide gamblers with extra incentives to use Bitcoin for their online gambling activities.
Can you tell us another advantage of opening an account in a Bitcoin Sportsbook?
I think this is one of the best advantages bitcoin sportbooks and casinos offer the customers compared to fiat casinos. Over the last few years we saw a huge rise in the crypto gambling industry, which came from the hype in the crypto community. With many crypto investors making huge profits in the 2021 bull market, there was a lot of capital to be spend at the casinos. This growth allows crypto companies to offer better promotions and advertising than other companies and we customers should always look for the best deal. Having the option to choose from a large number of casinos is the benefit of the internet. And as long as they have a good reputation and our money is save, there is no issue to switch to the sportbooks with the best promotion. Without a doubt, this is the case, we have also seen that one of the reasons why this type of public has increased is since the pandemic, where many people Preferred to go to casinos to resolve their situation, others requested bank credit , other loans The question is that when a person feels desperate, they resort to this type of means, out of desperation or simply to get out of a difficult situation quickly, this boom increased in profits for casinos, that's why I think that every time a crypto casino offers advantages for bitcointalk users , something very correct and Accurate precedes me. the pandemic indeed opened a lot of opportunities for the online casinos and bookies. once those regular gamblers discovered these online gambling sites, it is like there's no going back to traditional ones. though some are still going to land-based casinos for other personal reasons. in this forum alone, we have discussed countless times about the pros and cons of online crypto casinos as compared to fiat-based/offline casinos. so we know very well why we are continuously using online casinos and more gamblers are going into this route. for me, the convenience is on top of the list why i use online casinos.
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