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Author Topic: How's your gambling experience right now?  (Read 653 times)
ethereumhunter
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May 09, 2023, 11:32:09 AM
 #81

This is the time when you really appreciate the roles of altcoins in gambling. The likes of Dogecoin (Doge) and Litecoin (LTC) and stablecoins are great options especially when spending relatively small amounts for gambling. I feel like we are going back in time with this rising Bitcoin fees. We're moving backwards. We're brought back to the time when the strongest argument against Bitcoin is its fees. Now it is still the same, if not worse, thanks to Ordinals.
It looks like it's time to see altcoins being able to become popular again after the cost of bitcoin has skyrocketed. Maybe we will see a lot of altcoins on the list of every casino will grow because many gamblers are switching from using bitcoins for betting to preferring altcoins.

In this case, altcoins provide convenience for those who gamble because users can choose coins with transaction fees that are not too large. Yes, I also chose to use LTC or stablecoins to bet later after checking the bitcoin transaction fees.

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May 09, 2023, 11:38:39 AM
 #82

I think this situation will become normal within few days when the transactions rate will be low and transaction fees will automatically come down but yes at this time it's hard to deposit btc.The problem is for small gamblers who can't afford this fees with small deposit but yes they can shift to other coins because playing through them is fine to save fees and most of them are also confirmed fast.But hope fees come down and we deposit btc to casino for gambling.

I highly doubt that it will return to normal in a matter of days; if you look at the mempool and look at some transactions, you'll notice that some transactions are worth nothing, which means that there are some people out there who are deliberately sending dust and spamming the network, which has resulted in the current network congestion, and it's very unlikely that they'll stop this barbaric act anytime soon.

As for Op, as I previously stated, it is best if we switch to a widely accepted altcoin for the time being, and then return to our beloved BTC once the situation has stabilized.
That's the only way for us to still be able to gamble. We need to shift to another coin that is more stable because with what is happening to Bitcoin now, it may affect the overall crypto market, which could be bad for our crypto assets that are not stable. Looking at the price of Bitcoin, it's already dropping. Earlier, it was at $30k, but we weren't able to maintain that price, and we might see more downtrend in the days or weeks to come.

So in my case, I'm using USDT and XRP. At least with these, I will be able to save on the high fees of Bitcoin and transactions will be fast to confirm.

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May 09, 2023, 12:17:17 PM
 #83

The fee is almost 5% of my total bankroll that I was supposed to deposit. I decided to rest for now since I will be down immediately by 5% for a transaction that I don't know when will gonna be confirmed.
You have easily made the decision to not gamble for the now with cryptocurrency because you are not a gambler with a problem about control. You have easily accepted the situation but it is not the same for some other people who are struggling with it and know that even though they have decided to stay away from gambling for the now, they don't know how long that they will be able to stick to their decision without just saying "f*ck sh*t, I need to gamble, and then go ahead to fund their accounts to gamble with, not minding the fee again.

Is anyone still playing today with this high fee?
You will be surprised how many persons still fund their gambling account not caring about the transaction fee because they have the money to do so, and cannot wait. These persons are already exhibiting signs of problem gamblers.

I think those gamblers that leave funds in the casino are very happy that they didn't need to experience this fee drama.
They will be happy yes, but will be thinking about when they exhaust the money there and if the situation will remain the same.

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May 09, 2023, 12:35:13 PM
 #84

This is the time when you really appreciate the roles of altcoins in gambling. The likes of Dogecoin (Doge) and Litecoin (LTC) and stablecoins are great options especially when spending relatively small amounts for gambling. I feel like we are going back in time with this rising Bitcoin fees. We're moving backwards. We're brought back to the time when the strongest argument against Bitcoin is its fees. Now it is still the same, if not worse, thanks to Ordinals.
It looks like it's time to see altcoins being able to become popular again after the cost of bitcoin has skyrocketed. Maybe we will see a lot of altcoins on the list of every casino will grow because many gamblers are switching from using bitcoins for betting to preferring altcoins.

In this case, altcoins provide convenience for those who gamble because users can choose coins with transaction fees that are not too large. Yes, I also chose to use LTC or stablecoins to bet later after checking the bitcoin transaction fees.

Not a good idea to deal up with bitcoin since the fee is so high and we cannot be so sure the transaction speed since its also hard to get stuck while we really want to play the game immediately. Maybe its time to look for better alternative and litecoin is better option for this, they could also find other alts which offer more convenience to their user so that there will be no problem if the same issue with bitcoin will occur in future.

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May 09, 2023, 12:45:41 PM
 #85

The high transaction fee currently in bitcoin network due to high congestion will affect allots of gambling platforms, am confident that lots of people will spot gambling with bitcoin, because it’s won’t really be funny spending that amount of money just because you want to deposit money into your gambling account. Some people are going to divert into altcoin, most people will take a break by depositing bitcoin, they will be depositing altcoin.

Is anyone still playing today with this high fee?
Am still gambling, but I deposited some amounts of money few weeks, I haven’t made any withdrawal from the money recently, even whenever I win, I keep on leaving the money in my wallet, that’s what am gambling with recently, but incase if I lose big, then I might take a break from gambling till the bitcoin network becomes less congested. I can’t spend that amount on gas fee and there is no assurance that am going to win after depositing.

I think those gamblers that leave funds in the casino are very happy that they didn't need to experience this fee drama.
Those people that do leave money in accounts are free but am sure it might still affect some of them sooner or later, because nobody knows when the transaction fee will reduce, if the amount they left in their gambling account get finished, some of them might find it difficult to deposit another amount back to their gambling site. But am sure people that are addicted to gambling will still deposit their money even with the high transaction fee issues.

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May 09, 2023, 12:50:36 PM
 #86

My current experience now in gambling is that I always play online in many different gambling games such as pokers, lucky 9 and also what we called "sabong". Same thing always is not that I'm greedy when I'm winning, I always win $200 in a day but in just days passed I would also lose $200. So right now I don't have a big time winnings so I would try to give myself a limit when to stop. But it's fun all good, the risk and the thrill it gives which makes me play more gambling of course not spending all my funds.

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May 09, 2023, 12:51:04 PM
 #87

In this case, altcoins provide convenience for those who gamble because users can choose coins with transaction fees that are not too large. Yes, I also chose to use LTC or stablecoins to bet later after checking the bitcoin transaction fees.
We may have no choice but to use altcoins, as even high transaction fees for bitcoin transactions don't guarantee quick confirmation. Fortunately, we have many options available, and gambling sites have already prepared to address this issue by adding more payment methods. The gambling sites I use have a variety of altcoin options, so gambling isn't really a problem nowadays, unless you're using funds from your bitcoin wallet.

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TheGreatPython
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May 09, 2023, 12:54:34 PM
 #88

Is anyone still playing today with this high fee? I think those gamblers that leave funds in the casino are very happy that they didn't need to experience this fee drama.
I am taking a break off gambling right now. Two days ago I tried to fund my casino account from my electrum wallet and the transaction fee wasn't funny at all. It was triple of what I was charged a month ago and it took almost forever to get confirmed. And even when it got to my casino wallet, I wasn't in the mood to play any game. My two options right now are one, to take a break or two, use the alternative options that is Ethereum or USDT. I may go for the later but I am not sure yet.
Having alternate coins or tokens become useful in these kinds of situations, because if you have only Bitcoins and the fees go this high all of a sudden, you will have no option but to postpone almost everything that might require money, just like gambling, if you have altcoins, you can probably continue your activities with them until things normalize.

Such times make us realize how crucial it is to diversify our portfolios since we can be in need of any other coin when we face problems with transaction fees or any other issues that might occur unexpectedly.

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Wapfika
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May 09, 2023, 12:55:45 PM
 #89

My current experience now in gambling is that I always play online in many different gambling games such as pokers, lucky 9 and also what we called "sabong". Same thing always is not that I'm greedy when I'm winning, I always win $200 in a day but in just days passed I would also lose $200. So right now I don't have a big time winnings so I would try to give myself a limit when to stop. But it's fun all good, the risk and the thrill it gives which makes me play more gambling of course not spending all my funds.

The topic here is not all about the title itself. It’s related to the current state of Bitcoin mempool which affects the transaction of gambling activities due to the high fees. I’m familiar to the game that you mention and most of the casino that offering these games is using fiat or their own coin that convertible to fiat.

Answering to your topic, it’s normal to feel that kind of breakeven because you don’t have much attachment to your profit that is why its easy for you to risk it without taking cautious on your bet. Gambling will surely drained your funds if you consistently doing it because casino has unlimited funds while you have limited bankroll. The house edge will give casino an advantage that is why we always lose when we won because we keep coming back for more.e

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Bushdark
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May 09, 2023, 01:03:25 PM
 #90

In this case, altcoins provide convenience for those who gamble because users can choose coins with transaction fees that are not too large. Yes, I also chose to use LTC or stablecoins to bet later after checking the bitcoin transaction fees.
We may have no choice but to use altcoins, as even high transaction fees for bitcoin transactions don't guarantee quick confirmation. Fortunately, we have many options available, and gambling sites have already prepared to address this issue by adding more payment methods. The gambling sites I use have a variety of altcoin options, so gambling isn't really a problem nowadays, unless you're using funds from your bitcoin wallet.
Gambling is something that we need to have different options so that we be able to mix things and make it easy for us to execute.
The problem of high fee especially on Bitcoin network and Tron network is quite annoying and I wondered how long this will take us for everything to come back to normal. If this persist, I think many of the crypto casinos would have to seek for other options that would make work easier for them. There will be need to open other options for gamblers to make deposit with other cryptocurrenies so that will not halt gambling activities.









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piebeyb
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May 09, 2023, 01:24:12 PM
 #91

My current experience now in gambling is that I always play online in many different gambling games such as pokers, lucky 9 and also what we called "sabong". Same thing always is not that I'm greedy when I'm winning, I always win $200 in a day but in just days passed I would also lose $200. So right now I don't have a big time winnings so I would try to give myself a limit when to stop. But it's fun all good, the risk and the thrill it gives which makes me play more gambling of course not spending all my funds.
Well every gambler will always be like that when they win, I'm also not a hypocrite because very often when I win suddenly a greedy nature appears wanting to win even more using the strategy or pattern used before, so the casino seems to read the way I play gambling I usually get beaten again according to my previous win, it gain nothing for me but experience for fun only.

All gamblers have the same experience, sometimes this greedy nature is difficult for all gamblers to get rid of, if this can be eliminated it will be easy to get consistent wins even if you can't even maintain consistency, that's why losing is a common experience for many gamblers, it's not strange heard that if you win $200 today then tomorrow lose your previous winnings even more.

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alastantiger
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May 09, 2023, 01:47:32 PM
 #92

If you're a high roller and you prefer Bitcoin and you don't want to wait for the network to decongest, you'll take the fee and hope that you will win to regain the transaction fees.
This is a gamble within a gamble and as funny as it may sound only those with lots of money or those who cannot delay gratification that will go ahead to try this. "What ifs" being replaced by "What if not".

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The other option is choosing other coins/tokens that the casino is accepting, I'm using TRX and Doge to deposit and play because I can easily trade it to my local currency through our local exchange but there are gamblers who will deposit regardless of the situation on the network, they cannot stop or delay from playing.
I already lucky I leave funds in my casino wallet so, it has been as if nothing has been happening. I do not even think that this is a problem because casinos has already made it easy by having multiple options other than bitcoin. Any of the numerous altcoins so gambling continues smoothly. Whew... altcoins to the rescue.

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Cantsay
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May 09, 2023, 02:03:12 PM
 #93

My current experience now in gambling is that I always play online in many different gambling games such as pokers, lucky 9 and also what we called "sabong". Same thing always is not that I'm greedy when I'm winning, I always win $200 in a day but in just days passed I would also lose $200. So right now I don't have a big time winnings so I would try to give myself a limit when to stop. But it's fun all good, the risk and the thrill it gives which makes me play more gambling of course not spending all my funds.

I'm not sure you got what Op said.

The question in the title, "How's your gambling experience right now?" Does not literally mean how you have been betting, your betting strategy, or the stats of both your wins and losses.
He's curious how we've been dealing with the ongoing bitcoin network congestion, whether we're still making deposits with our BTC or if we've decided to switch to another altcoin that's accepted in our casinos.

I get that the title can be misleading if you don't the whole contest of the Op.

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ultrloa
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May 09, 2023, 02:26:06 PM
 #94

In this case, altcoins provide convenience for those who gamble because users can choose coins with transaction fees that are not too large. Yes, I also chose to use LTC or stablecoins to bet later after checking the bitcoin transaction fees.
We may have no choice but to use altcoins, as even high transaction fees for bitcoin transactions don't guarantee quick confirmation. Fortunately, we have many options available, and gambling sites have already prepared to address this issue by adding more payment methods. The gambling sites I use have a variety of altcoin options, so gambling isn't really a problem nowadays, unless you're using funds from your bitcoin wallet.
Gambling is something that we need to have different options so that we be able to mix things and make it easy for us to execute.
The problem of high fee especially on Bitcoin network and Tron network is quite annoying and I wondered how long this will take us for everything to come back to normal. If this persist, I think many of the crypto casinos would have to seek for other options that would make work easier for them. There will be need to open other options for gamblers to make deposit with other cryptocurrenies so that will not halt gambling activities.

Annoying to the fact that we cannot use bitcoin directly just like what we used to do. The high fees is really not good since we need to convert on another altcoin just to make our transfer to the casino succeed, imagine the hassle with this and we don't have a choice but to do it since we used to gamble on everyday. But let see on ongoing development if the issue will be solve since for sure many want to see bitcoin goes back to normal.

R


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May 09, 2023, 03:15:49 PM
 #95

I'm currently focused on some match ups in NBA right now and somehow, result is breakeven. Having a hard time to hit parlays and winning teams but will probably be sticking to my biases. If it is general experience, I'd say sportsbetting made me enjoy gambling the most in comparison to other games I used to play such as roulettes, dice, and card games. With regards to my losses, nothing much if I calculated it correctly. Something helped me to do it properly is to limit the amount I am betting in each day which also helped me to enjoy playing,responsibly. What makes this industry stressful is ofcourse losses, but since it is more often the outcome, I think players should be the one to make the adjustment.

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May 09, 2023, 03:38:41 PM
 #96

Not a good idea to deal up with bitcoin since the fee is so high and we cannot be so sure the transaction speed since its also hard to get stuck while we really want to play the game immediately. Maybe its time to look for better alternative and litecoin is better option for this, they could also find other alts which offer more convenience to their user so that there will be no problem if the same issue with bitcoin will occur in future.
Maybe now we can switch to using altcoins for gambling because the costs are still high. And we also don't know whether if we keep using bitcoin it will run smoothly or whether it will get stuck in the network. It's better if we avoid it for a while or maybe rest a bit while waiting for the network to recover. Those are the only two solutions I can see right now, except if we already have balances at multiple casinos, it will make it easier for us not to deposit any more money into them.

We may have no choice but to use altcoins, as even high transaction fees for bitcoin transactions don't guarantee quick confirmation. Fortunately, we have many options available, and gambling sites have already prepared to address this issue by adding more payment methods. The gambling sites I use have a variety of altcoin options, so gambling isn't really a problem nowadays, unless you're using funds from your bitcoin wallet.
This is the advantage of playing gambling at crypto casinos because we can use many altcoins in cases of increased transaction fees that we don't know how long they will subside. We can only hope that the transaction fees will return to normal so that those used to using bitcoins for gambling will not feel like they are now. Casinos now provide support to users by providing many altcoins to gamble with.

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May 09, 2023, 04:00:32 PM
 #97

It is hard not to gamble these days since we have the NBA playoffs and other sports events. So most of us continue to gamble mate whether bitcoin fees are high or low. Most online casinos now accept not just bitcoin but altcoins like ethereum and stable coins like the usdt. There are also more altcoins that have very low gas fees. USDT is a good choice since Binance chain has very low fees and at least we are also using a stable coin that will be unaffected by the large swings in the crypto market.   

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May 09, 2023, 04:56:44 PM
 #98


The transaction fee on Bitcoin is increasing day by day. It cost now 14$ for a low-priority transaction to 17$ for high priority transaction. I was planning to make a deposit today on my casino account until I notice the high fee on my electrum sent tab. The fee is almost 5% of my total bankroll that I was supposed to deposit. I decided to rest for now since I will be down immediately by 5% for a transaction that I don't know when will gonna be confirmed.

Is anyone still playing today with this high fee? I think those gamblers that leave funds in the casino are very happy that they didn't need to experience this fee drama.

You should just avoid depositing any coins for the time being while the fees are high.
These will get back to normal once the network congestion is decreased.
It's good to have some coins lying around on the site but I know that being a gambler we tend to gamble away the last penny in our account.
So lets just take a break for the time being and enjoy some fresh outside instead.

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May 09, 2023, 07:11:06 PM
 #99

Is anyone still playing today with this high fee? I think those gamblers that leave funds in the casino are very happy that they didn't need to experience this fee drama.

I'm still gambling and that's because I have some funds left in my account, I don't mind keeping them there because they help in situations like what we're experiencing now. I believe this will be over very soon though as it isn't the first time it happened.

When keeping money on casino wallets, you don't have to keep everything you made as profit but just some few amount so you can have money for quick bets. Also when choosing a casino to use always comfirm if they have other deposit options.

Casino that has USDT deposit option will be functioning properly. This high fees isn't just affecting only casino but also exchanges and any service that rely on Bitcoin blockchain to receive coins since Bitcoin is one of the most used cryptocurency.

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May 09, 2023, 07:19:49 PM
 #100

It seems to me that if the problem with high commissions in Bitcoin network is not solved, the use of the first cryptocurrency will significantly reduce not only in casinos, but also in payments and transfers. In fact, Bitcoin has long ceased to be cheap to use for the average person, as Satoshi Nakamoto wanted. And after a tenfold increase in fees, it already seems like a pipe dream. I wonder how events will develop further.

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