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Author Topic: How's your gambling experience right now?  (Read 653 times)
dezoel
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May 09, 2023, 08:12:41 PM
 #101

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.

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May 09, 2023, 08:31:17 PM
 #102

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

This is the time Casinos and Sportbook should implement internal swap function to allow players swap there coins from one coin to another, what is the point of winning in BTC and you are only allow to withdraw Bitcoin, they should allow people used other options of coins, atleast they are doing their self a favour for having more BTC since players wouldn't be interested on withdrawing BTC and I think that what Casinos even desire the most because it is very profitable for them.

Quote
I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.

Since most players prefer Bitcoin as native deposit for gambling, they can also built-in lightening network like the way exchanges are trying to do now, it will not only help players enjoy fees, it will serve as a marketing strategy to draw more gamblers into their platform if they have good reputations and doesn't cheat players.

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Mahanton
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May 09, 2023, 08:52:06 PM
 #103

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

This is the time Casinos and Sportbook should implement internal swap function to allow players swap there coins from one coin to another, what is the point of winning in BTC and you are only allow to withdraw Bitcoin, they should allow people used other options of coins, atleast they are doing their self a favour for having more BTC since players wouldn't be interested on withdrawing BTC and I think that what Casinos even desire the most because it is very profitable for them.

Quote
I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.

Since most players prefer Bitcoin as native deposit for gambling, they can also built-in lightening network like the way exchanges are trying to do now, it will not only help players enjoy fees, it will serve as a marketing strategy to draw more gamblers into their platform if they have good reputations and doesn't cheat players.
I remember that Stake  does have this function on which there's an internal swap or even of FJ i cant remember on which it is really that good to have, but with having those legal issues which its been attaching about KYC then its been removed. Well, its not really that something a huge issue because most of gambling sites now does have lots of coin options which you could deposit and make withdrawals if ever you do pull out some winnings. Its not necessarily that you would really be converting it back to Bitcoin yet you could simply ask out a particular coin to be withdrawn directly into your non custodial wallet or whatever you do have.
Now is indeed a bad time on making some Bitcoin based type of gambling where you would be making or needing to pay up some huge fees before you could be able to get that fast confirmation on tx
but we know that not all would really be able to afford or cant really deal up with those high fees but luckily we are really that having lots of coin options which it
could really be able to solve out on what you are problematic on.

R


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May 09, 2023, 09:54:05 PM
 #104

I didn't even notice it early enough since I'm not down on gambling my funds.., but I noticed that when I ran a txn on my campaign earnings and I was charged so high that I thought I had altered something on my TW address or so... After some proper scrunity, I discovered that the dollar value had risen high too, which is prolly the reasons for the incessant increments.
I would say ...alot are still coping even with the fees; mostly the ones that had 'em funds HODLed in there already. Does this really mean casinos won't be having alot of turn-ups like ever before? Cus helllllll...!! Everyone is damn affected with this.

Sandra 🧑‍🦰

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May 09, 2023, 09:58:15 PM
 #105

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.

I don't gamble much these days, but I have seen a spike in transaction fees as a result of the Bitcoin mempool congestion. I agree that migrating to another network and transacting with another cryptocurrency asset will be extremely beneficial.
We've seen this scenario before, and we should be prepared to deal with it, especially if we're into gambling and frequently make withdrawal and deposit transactions. The use of other major altcoins will be our way out of this transaction fee battle.
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May 09, 2023, 10:16:59 PM
 #106

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.

I don't gamble much these days, but I have seen a spike in transaction fees as a result of the Bitcoin mempool congestion. I agree that migrating to another network and transacting with another cryptocurrency asset will be extremely beneficial.
We've seen this scenario before, and we should be prepared to deal with it, especially if we're into gambling and frequently make withdrawal and deposit transactions. The use of other major altcoins will be our way out of this transaction fee battle.
^Definitely right and the reason I always prefer a casino that has an alternative deposit option.
Many other major altcoins offer lower fees and faster transaction times than BTC, which can make them a more viable option for frequent gambling transactions. In fact, if you notice that during high fees of BTC, altcoins will follow too, high fees are not unique to BTC and other cryptocurrencies can experience similar issues during periods of high demand. No chose, either to take a break or use your fiat instead.
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May 09, 2023, 10:48:53 PM
 #107

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.

I don't gamble much these days, but I have seen a spike in transaction fees as a result of the Bitcoin mempool congestion. I agree that migrating to another network and transacting with another cryptocurrency asset will be extremely beneficial.
We've seen this scenario before, and we should be prepared to deal with it, especially if we're into gambling and frequently make withdrawal and deposit transactions. The use of other major altcoins will be our way out of this transaction fee battle.
^Definitely right and the reason I always prefer a casino that has an alternative deposit option.
Many other major altcoins offer lower fees and faster transaction times than BTC, which can make them a more viable option for frequent gambling transactions. In fact, if you notice that during high fees of BTC, altcoins will follow too, high fees are not unique to BTC and other cryptocurrencies can experience similar issues during periods of high demand. No chose, either to take a break or use your fiat instead.
If we do play only on a casino or gambling site which does have only that single option which is Bitcoin then we dont have no choice but to wait up until the transaction would confirm but its up to ours
because we could have some options.

1. Dont play and wait for the network to be find
2. Do tend to play on other site with other altcoin option
3. Accepting current bitcoin fees and go loyal with the site you do like

Just like on what others been saying above that most gambling sites now does have multiple deposit choices or options on which it isnt
really just accepting Bitcoin but also in other top ranking altcoins as well which would ease up the current problem that we are facing.

R


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May 09, 2023, 11:02:02 PM
 #108

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.

I don't gamble much these days, but I have seen a spike in transaction fees as a result of the Bitcoin mempool congestion. I agree that migrating to another network and transacting with another cryptocurrency asset will be extremely beneficial.
We've seen this scenario before, and we should be prepared to deal with it, especially if we're into gambling and frequently make withdrawal and deposit transactions. The use of other major altcoins will be our way out of this transaction fee battle.
This should not be one of the reason why you decided not to make bet again because I think we still have the options to make use of other tokens or coins for deposit and withdrawal. Although the sudden spike in the price of Bitcoin had affected so many trades and transactions and we are still hoping that the price of gas fee is going to change soon. I can't just imagine paying exorbitant amount of money for gas fee for just small about of transaction. This could be one of the reasons why so persons decided to put an halt to any of there Bitcoin transactions.

.
.Duelbits.
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harizen
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May 09, 2023, 11:26:18 PM
 #109

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.

Not touching any Bitcoin-related deposits in the meantime, regardless of the service for an obvious reason. Although there's an alternative aside from bitcoin deposit depending on the supported cryptocurrencies of the said site.

As for my gambling activity, I'm currently spending more time on fiat-based online casinos since I hooked up at some popular game providers there such as Jilli, PG, KA, BNG, and BP games. There are also providers there that we can see in crypto-gambling sites such as Play And Go and Yggdrasil.

I'm looking forward that my favorite crypto-game slot provider, Thunderpick will soon touch fiat online casinos, or to be specific, here in our local.

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May 09, 2023, 11:32:02 PM
 #110

I do think that most of us here might have hesitation to gamble with Bitcoin for now. But generally, I don't see why the current high fees in Bitcoin transactions should affect most crypto-gamblers, referring to die-hard crypto-gamblers. As per the popular gambling-related saying, a gambler will stay a gambler no matter what, and crypto-gambling enthusiasts, they might use other coins aside from Bitcoin to keep them in motion. Other crypto-gamblers also already have some ways to deal with the current situation.

However, the current situation is not good for casual or small gamblers. They have no choice but to face the current fees higher than usual if they really intend to play gambling with the use of Bitcoin or else just refrain from doing Bitcoin gambling for now.

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May 10, 2023, 04:20:15 AM
 #111

In my opinion it is better to use other currencies instead of just gambling with bitcoin crypto gamblers should have experience with all currencies. Crypto casinos only accept a few major cryptocurrencies, including bitcoin. For a casino to qualify as a bitcoin casino, it must not only accept bitcoin, but also Litecoin, Ethereum and Bitcoin Cash. Withdrawing your winnings from a bitcoin casino is easy, but it's important to understand that you'll need a crypto wallet to do so these transactions work just like making a deposit.

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klidex
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May 10, 2023, 05:13:49 AM
 #112

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.

I don't gamble much these days, but I have seen a spike in transaction fees as a result of the Bitcoin mempool congestion. I agree that migrating to another network and transacting with another cryptocurrency asset will be extremely beneficial.
We've seen this scenario before, and we should be prepared to deal with it, especially if we're into gambling and frequently make withdrawal and deposit transactions. The use of other major altcoins will be our way out of this transaction fee battle.
This should not be one of the reason why you decided not to make bet again because I think we still have the options to make use of other tokens or coins for deposit and withdrawal. Although the sudden spike in the price of Bitcoin had affected so many trades and transactions and we are still hoping that the price of gas fee is going to change soon. I can't just imagine paying exorbitant amount of money for gas fee for just small about of transaction. This could be one of the reasons why so persons decided to put an halt to any of there Bitcoin transactions.
Most crypto gambling sites have other options for depositing and withdrawing funds from the casino which makes it easier for customers to continue gambling despite the high inflated transaction fees in bitcoin.
So there is no reason for transaction costs to go up, crypto gamblers have to stop gambling, it doesn't have to be done.
As we know that almost all gamblers nowadays prefer USDT as money for gambling which is more comfortable and has many network options that we can choose to adjust the transaction fees to be lower.

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May 10, 2023, 07:14:00 AM
 #113

My gambling experience is going fine because the casinos I use have different options of coins you can use for gambling, I am ignoring Bitcoin for gambling right now and I am not ready to pay a 20$ gas fee for gambling, that 20$ is enough for my daily gambling trials. Ethereum is still fair right now and I do hope that Bitcoin devs cancel Ordinals, I know many won't want to see this happen but it's for the greater good, some are saying that Bitcoin could fork again because of Ordinals, what do you think 💭 is this possible?

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SPIN

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BobK71
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May 10, 2023, 07:15:14 AM
 #114

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.

I don't gamble much these days, but I have seen a spike in transaction fees as a result of the Bitcoin mempool congestion. I agree that migrating to another network and transacting with another cryptocurrency asset will be extremely beneficial.
We've seen this scenario before, and we should be prepared to deal with it, especially if we're into gambling and frequently make withdrawal and deposit transactions. The use of other major altcoins will be our way out of this transaction fee battle.
This should not be one of the reason why you decided not to make bet again because I think we still have the options to make use of other tokens or coins for deposit and withdrawal. Although the sudden spike in the price of Bitcoin had affected so many trades and transactions and we are still hoping that the price of gas fee is going to change soon. I can't just imagine paying exorbitant amount of money for gas fee for just small about of transaction. This could be one of the reasons why so persons decided to put an halt to any of there Bitcoin transactions.
Most crypto gambling sites have other options for depositing and withdrawing funds from the casino which makes it easier for customers to continue gambling despite the high inflated transaction fees in bitcoin.
So there is no reason for transaction costs to go up, crypto gamblers have to stop gambling, it doesn't have to be done.
As we know that almost all gamblers nowadays prefer USDT as money for gambling which is more comfortable and has many network options that we can choose to adjust the transaction fees to be lower.
Recently transaction fee in cryptocasino is an important issue, especially since Bitcoin network congestion will make it difficult for many gamblers to spend as much money. So they will definitely change their deposit method at the moment. In particular, there are some coins that are used for less fees. And considering the fee, I think TRX will play a bigger role at this time. The tendency of gamblers to use these coins will increase a lot. There are also others deposits method like meme coins used in many platforms. But for those who don't want to take any risk, there is no alternative to stablecoins. In that case USDT is more popular with them.

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May 10, 2023, 08:12:31 AM
 #115


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 don't know how long this fee crisis is going to last but the best alternative is to use other deposits options such as USTD or ETH etc for now since Bitcoin networks are congested, indeed those that have a balance on the casino may not experience this high fees and network difficulties but we can fine our way around it until the network subsides in the coming days.

Yes, and it's good that in the last couple of years, casinos are now offering a lot of deposits, unlike before, the old days, wherein it was just pure bitcoin address and that's it. I have experience depositing ETH but I do like USDT (trc) because it's fast.

Regarding the network congestion though, yeah, it's bad that something like this has to happen to us. This is similar to 2017 spam attack, but I think this is worse because there are entities that are incentivizing here, and it's a direct attack to bitcoin, in my opinion.

R


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May 10, 2023, 01:08:07 PM
 #116

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.

I don't gamble much these days, but I have seen a spike in transaction fees as a result of the Bitcoin mempool congestion. I agree that migrating to another network and transacting with another cryptocurrency asset will be extremely beneficial.
We've seen this scenario before, and we should be prepared to deal with it, especially if we're into gambling and frequently make withdrawal and deposit transactions. The use of other major altcoins will be our way out of this transaction fee battle.

The current price spike of transaction fees makes me wondering about stopping to gamble for a while since its really not good to pay such huge fees since at first we decide to deposit we already lose since we need to pay some huge fees just to make our deposit credit faster on our casino wallets. But also I'm seeking for alternatives since I use to gamble for short time everyday and want to continue to place my bet while Nba Playoffs still rolling.

R


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May 10, 2023, 01:30:00 PM
 #117

My gambling experience is going fine because the casinos I use have different options of coins you can use for gambling, I am ignoring Bitcoin for gambling right now and I am not ready to pay a 20$ gas fee for gambling, that 20$ is enough for my daily gambling trials. Ethereum is still fair right now and I do hope that Bitcoin devs cancel Ordinals, I know many won't want to see this happen but it's for the greater good, some are saying that Bitcoin could fork again because of Ordinals, what do you think 💭 is this possible?
It could happen, but better to wait for further news. In the meantime, I've chosen not to gamble for now, although there is an option to use altcoins to continue gambling, but that doesn't seem like a wise move to me. Also, with the drop in altcoin prices right now, it means I have to use more and more, so that will reduce the amount I have.

After all, there's nothing wrong with stopping and staying away from gambling until things get back to normal. And maybe we can use this rest time to do other things that might be more useful for us.

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May 10, 2023, 03:36:30 PM
 #118

^Definitely right and the reason I always prefer a casino that has an alternative deposit option.
Many other major altcoins offer lower fees and faster transaction times than BTC, which can make them a more viable option for frequent gambling transactions. In fact, if you notice that during high fees of BTC, altcoins will follow too, high fees are not unique to BTC and other cryptocurrencies can experience similar issues during periods of high demand. No chose, either to take a break or use your fiat instead.

Expensive transaction fees have basically made some gamblers reluctant to use bitcoin as currency in casinos. The flow of bitcoin in and out at casinos is currently probably down and at the same time there is a good increase in altcoin where transaction fees are lower. Situations like this have happened a few times during the transaction fee increase, but to be honest I would just think that the spam mempool this time was the worst.

Another option in the meantime is taking a break if gamblers aren't interested in using coins that have lower fees than bitcoin. I think the user's gambling interest will still be the same, but maybe in a different currency.

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May 10, 2023, 05:23:03 PM
 #119

Not me obviously. I took a rest on gambling for a while now even when the fees are still relatively manageable. Tanked a nasty loss which caused to me rethink life and touch grass again. I can see this transaction fee situation with bitcoin being a good reason why there's an expected decline in the gambling industry, at least in its overall usage. Worst comes to worse this may even kick bitcoin out of the options for payment and gambling. Hopefully it doesn't but I can see it happening if the situation doesn't get better. All in all, for those who aren't big on gambling, especially the ones who take mini-bets like me every now and again. I actually urge you guys to touch grass and invest this time to your friends and families. They'll thank you.

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May 10, 2023, 05:46:36 PM
 #120

This is why it's important to have more than one asset all the time. Those who have funds in their casino accounts and those who have other cryptocurrencies apart from Bitcoin are not going to face any issues in such a situation. You could easily deposit a different asset to your gambling account and played with that.

I personally don't gamble much, so I can definitely wait for all this to become normal before I gamble if I ever wanted to. Others will obviously use the method that I mentioned above, using different cryptocurrencies for their gambling deposits and withdrawals.
Not everyone is a fan of using other crypto but the truth is that your advice is simply the best but its rather limited as some gambling platform are strictly based on bitcoin as a deposit coin and if you are one of those using these casino it will definitely affect you when trying to deposit. But aside from that making deposit with other crypto to your gambling casino is probably an effective measure towards tackling this high price hike.
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