Which Crypto coin Do You Gamble with the Most?

[Wakate]

I have to think for the most part it's bitcoin since most of the gambling offerings take bitcoin and some combination of other coins.  I don't like to use bitcoin either because of the volatility and I like my games pegged in usd so stable coins are preferred.

Yes you are right, majority of the casinos allow deposit in Bitcoin and other altcoins allow people to bet with any of the accepted coin on there platform. Since there are noy much coins that is acceptable by casinos because of there security from holding cryptocurrency that could crash anytime, I used to keep some deposits in Bitcoin so that what ever time I feel like making some bets, I kindly transfer to the casino and make my bet. We know that Bitcoin is very volatile and if we are not used to the fluctuation in the market price, betting with Bitcoin any other volatile coins can be tempting.

[1714257993]

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[Wiwo]

I don't know why but recently I have staked most of my bets in Bitcoin and that is influenced because I always gamble with my signature earning and I am oaid in bitcoin so it beco. Easy for me to place those bets with Bitcoin, but before now I always bet with USTD since most casinos accept the currency as their primary currency.

[ChiBitCTy]

I only use bitcoin, and maybe litecoin from time to time.  There's really only 4 coins that I view as worth a shit at this point in time (bitcoin, monero, litecoin and ethereum).  Bitcoin is what I use the vast majority of time however because I think it's by far the most legitimate coin, as well as once it's transferred tot he casino, your value stabilizes, so you don't have to worry about it going down ( of course if it goes up, you won't gain any value, but that's the trade-off).

[Hispo]

Bitcoin and a little bit of Dogecoin/litecoin whenever I feel it is not worth the fees for the quantity I am managing.
In my case, i do not see a problem tracking losses or wager because I try to forget about them when I am not rolling dices, for example. Do not get me wrong, though, I can easily see the advantages of USDT and other stablecoins for those who have a significantly big wager and want to keep track on their win/loss ratio.

Not even mentioning that Stablecoins are usually very easy and cheap to move from wallet to wallet.  

[n0ne]

I don't know why but recently I have staked most of my bets in Bitcoin and that is influenced because I always gamble with my signature earning and I am oaid in bitcoin so it beco. Easy for me to place those bets with Bitcoin, but before now I always bet with USTD since most casinos accept the currency as their primary currency.

My choice of betting too bitcoin as the payments were sent in terms of bitcoin. Only the last week's payment is available in the wallet. Most of the users here in the forum have the similar practice of spending their campaign earnings. Only the Whale gamblers keeps depositing more and more in the form of different coins and enjoy gambling.

[Pierre 2]

Bitcoin must be the most common crypto as its market value already shows it. Statistically obvious. But I would personally favor stable coins, the most common one is USDT so. I tend to think that gambling with Bitcoin is too risky considering its nature. Nowadays it's rather safe but in long term I would regret money I am wasting through Bitcoin gambling. I am pretty sure its price will raise soon. It can compensate gambling costs even you know what I mean hahah.

[Weawant]

So for me, I've always preferred to do all my gambling in stable coins only for the reasons given above..
So what about you? Do you feel and do the same or do you have a different perspective to this altogether? Let's discuss.

Stablecoin is one of the best ways of gambling and that's what many casinos has as a default option. It isn't stablecoin but the value are USD. I gamble with any currency, I don't care about the currency but just want my wins as it can be easily converted when I'm done.

If the casino is having a promotion for their token to be used for some benefits, I'll do that without hesitating because I love when I get free bonuses and gambling with altcoins doesn't mean you'll lose, bets don't stay long so you can also get your profits out.

Same goes for betting with Bitcoin, many people prefer this choice than altcoins but I don't care that much since we can always sell to a preferable cryptocurrency or stablecoin before anything happen or hold so we gain more profits as the market increase.

[Outhue]

I use stable coins more than Bitcoin for gambling on any casino that accepts stable coins, I just kinda find it easier to use, that why own opinion, I do use Bitcoin too but I use stable coins more than Bitcoin.

Also most online casinos have their games in USD pair so it's easier for me to use USDT and USDC in this manner for gambling.

Year's ago I found Doge coin to be the easiest at the time, it's cheaper and faster, since I mined some doge coin when they are very cheap then I found it easier to fill my gambling taste, that's around early 2017.

[ethereumhunter]

Bitcoin must be the most common crypto as its market value already shows it. Statistically obvious. But I would personally favor stable coins, the most common one is USDT so. I tend to think that gambling with Bitcoin is too risky considering its nature. Nowadays it's rather safe but in long term I would regret money I am wasting through Bitcoin gambling. I am pretty sure its price will raise soon. It can compensate gambling costs even you know what I mean hahah.

But in the current unfavorable market situation, some gamblers have turned to stablecoins to avoid reducing the amount of money they deposit into their gambling accounts. By using stablecoins, the amount of money they deposit will remain the same as it will appear in their account. And thus, they will not see a difference in the amount of money each time they start gambling because the amount will still be in dollars. Gambling with bitcoin is more risky because we can lose a lot of satoshi playing gambling so that will reduce the number of dollars that appear in our gambling account. But it comes back to each gambler, which one makes them comfortable.

[Rabata]

-Bitcoin
-Tron (USD or TRX)
-Litecoin

the three above are coins that i often use when i want to make a deposit to gamble, but i pay more attention to network fees before making some deposit ^{(because i usually only make a one-time deposit while playing and will not make a deposit on the same day to avoid big losses if i run out of first capital)}.  if i see the bitcoin fee is low, then i will use bitcoin, but if the fee is high, using tron ^{(usdt or trx)} or litecoin is my alternative option.

Crypto casinos have been able to bring about a massive change in the world of gambling. A gambler used to feel shy about gambling but now there is no such difficulty. Crypto casinos do not have the difficulty of depositing or withdrawing at fiat currency supported casinos. I use btc for gambling most of the time but make some changes when the market is more volatile. Besides BTC there are a few other coins I want to use. Since Bitcoin is well known and trusted worldwide, I prefer gambling with Bitcoin.

[CryptoHeadlineNews]

Keep track of spending in gambling is kinda hard to do with unstable coins like bitcoin and other altcoin, for example, let say, yesterday, you gambled away 0.01 bitcoin, and at the time of the transaction, 0.91 bitcoin was worth $500 due to the price of bitcoin then, and you already put it on record that you lost $500 in gambling yesterday, and by today, the over all price of bitcoin increase by let's say 15 percent or more, going back to your loss in yesterday's gambling, you know it's no longer $500 you lost, the amount you lost has increased by 15 percent or more due to the increase in price of bitcoin - simply because if you hadn't gambled away the bitcoin but held it, the gains today would have been in your pocket - this example is also the other way round in cases where the price of bitcoin falls instead of increase..

For me, I don't see any confusion in gambling with Bitcoin or any stablecoin, because both are not the same, and as such their gambling record ought not to be the same, and by that I mean, you don't need to gamble with Bitcoin and except to keep your records in a stable currency such as dollar or pounds rather than keeping it in same Btc.

Example:
Imagine you gambled 0.001btc to win 0.01btc and you won the game, you should put in the record that you made a profit of 0.009btc by gambling 0.001, and not get to worry whether the price value of that BTC increases or decreases.  Moreover, I gamble with both BTC and Stablecoins (i.e USDT)

[Rigon]

~
So for me, I've always preferred to do all my gambling in stable coins only for the reasons given above..
So what about you? Do you feel and do the same or do you have a different perspective to this altogether? Let's discuss.

You are right, I have gambled with Bitcoin as long as I have gambled. I never thought like you here. After losing gambling, I never looked at my losses. If I look at the gambling losses like you said, then maybe it will be seen that I have lost a lot of money in my life. Which would be worth several thousand dollars now. From today I will use stablecoins USDT, USDC instead of Bitcoin to participate in gambling. Very nice post you have made and I have learned a lot from here.

[swogerino]

-Bitcoin
-Tron (USD or TRX)
-Litecoin

the three above are coins that i often use when i want to make a deposit to gamble, but i pay more attention to network fees before making some deposit ^{(because i usually only make a one-time deposit while playing and will not make a deposit on the same day to avoid big losses if i run out of first capital)}.  if i see the bitcoin fee is low, then i will use bitcoin, but if the fee is high, using tron ^{(usdt or trx)} or litecoin is my alternative option.

Crypto casinos have been able to bring about a massive change in the world of gambling. A gambler used to feel shy about gambling but now there is no such difficulty. Crypto casinos do not have the difficulty of depositing or withdrawing at fiat currency supported casinos. I use btc for gambling most of the time but make some changes when the market is more volatile. Besides BTC there are a few other coins I want to use. Since Bitcoin is well known and trusted worldwide, I prefer gambling with Bitcoin.

I want really fast confirmations and I have found that Litecoin to be the most successful coin in spending very little in fees for confirmations and having blazing fast confirmations,I always deposit in Litecoin to be able to go to the game I like in the fastest way possible but most of the time I also change in-game currency to IDR-Indonesian Rupiah to play with as little money as a minimum bet as possible,this keeps me playing longer and by playing longer in well reputable casinos you increase your VIP/tier levels in a much faster way than playing with other currencies,so tons of options for us gamblers in the cryptocurrencies world.

[AicecreaME]

-Bitcoin
-Tron (USD or TRX)
-Litecoin

the three above are coins that i often use when i want to make a deposit to gamble, but i pay more attention to network fees before making some deposit ^{(because i usually only make a one-time deposit while playing and will not make a deposit on the same day to avoid big losses if i run out of first capital)}.  if i see the bitcoin fee is low, then i will use bitcoin, but if the fee is high, using tron ^{(usdt or trx)} or litecoin is my alternative option.

Crypto casinos have been able to bring about a massive change in the world of gambling. A gambler used to feel shy about gambling but now there is no such difficulty. Crypto casinos do not have the difficulty of depositing or withdrawing at fiat currency supported casinos. I use btc for gambling most of the time but make some changes when the market is more volatile. Besides BTC there are a few other coins I want to use. Since Bitcoin is well known and trusted worldwide, I prefer gambling with Bitcoin.

This makes sense.

Way back, there are limited options for you to be able to gamble. Before, when the technology and innovation isn't that much advance yet, you have no option but to go to physical casinos just to gamble to have fun and to profit on the side. Fortunately, today we have modernization and the things we need and want to do can be done conveniently. Crypto casino and other online gambling paved a way for convenient gambling and to avoid having your reputation tainted just because someone saw you gambling on the streets or on physical casino establishments. Ease of deposit and withdrawal is also a plus if you are playing on a reputable casino site so it's really a lot better if you will play and use known reputable casinos instead of those who have questionnable reputation.

[SirLancelot]

98% of the times I use just Bitcoin for my bet.
The remaining 2% Is for ethereum.
I dont use other crypto just because price can change quickly and I dont have on my wallet.
Of course no stablecoin. I dont want accept any other TOS

Most people don't use cryptocurrencies that are volatile only because they don't want their money to lose value when they are gambling because you can't exchange them quickly, but you said you use Bitcoin and Ethereum for gambling, and both of them are volatile cryptocurrencies and their price can change anytime and you still said that you don't want to use other cryptos because of the price change, I don't really get that.

Also, most gamblers use stable coins like USDT and USDC only because of this volatility issue and I've never heard anyone saying that they need to accept extra terms of services only for using them, am I missing something here?

[piebeyb]

Bitcoin must be the most common crypto as its market value already shows it. Statistically obvious. But I would personally favor stable coins, the most common one is USDT so. I tend to think that gambling with Bitcoin is too risky considering its nature. Nowadays it's rather safe but in long term I would regret money I am wasting through Bitcoin gambling. I am pretty sure its price will raise soon. It can compensate gambling costs even you know what I mean hahah.

Yes you are right, Bitcoin in the long term will be regretted if it is spent on gambling tables because we know how many successful casinos have made huge profits by accepting gamblers who bet with BTC, we will see that the price of bitcoin always increases every four years following the cycle that's why bet using bitcoin in my opinion will be very detrimental for anyone.

Stable coins are easier to use because they have the same value and don't have a long-term increase unlike bitcoin, sometimes I also often use cryptos like Matic and Doge because it's more economical to use those cryptos besides USDT.

[len01]

You are right, I have gambled with Bitcoin as long as I have gambled. I never thought like you here. After losing gambling, I never looked at my losses. If I look at the gambling losses like you said, then maybe it will be seen that I have lost a lot of money in my life. Which would be worth several thousand dollars now. From today I will use stablecoins USDT, USDC instead of Bitcoin to participate in gambling. Very nice post you have made and I have learned a lot from here.

well, it all depends on your mindset regarding gambling as a place to seek pleasure or entertain yourself or consider gambling as a place to seek profit.
if you think of gambling as entertainment you bet using bitcoin experiencing loss or defeat and the price of bitcoin has decreased I think it will not be a problem for you because of course you are gambling using money that can afford to lose.
but if you gamble to benefit from winning, I think you will feel uncomfortable gambling using bitcoin because the prices fluctuate and on the one hand when you lose, of course you always feel disappointed because you have lost money in gambling and the decline in bitcoin prices.
and choosing to use stable coins will be the best choice for you.

[Falconer]

I don't know why but recently I have staked most of my bets in Bitcoin and that is influenced because I always gamble with my signature earning and I am oaid in bitcoin so it beco. Easy for me to place those bets with Bitcoin, but before now I always bet with USTD since most casinos accept the currency as their primary currency.

Betting with bitcoin makes sense to you especially you are paid directly to your account weekly in bitcoin. You don't have to withdraw it first and convert it to USDT and deposit back to the casino, so there's no more hassle. If I were you I would think the same thing, but so far I don't have favorite currency to gamble with as I have tried almost all the currencies accepted at the casino, especially if the withdrawal and deposit fees are low.

[lizarder]

So for me, I've always preferred to do all my gambling in stable coins only for the reasons given above..
So what about you? Do you feel and do the same or do you have a different perspective to this altogether? Let's discuss.

Lots of online gambling sites currently offer deposit and withdrawal options using crypto, this trend has been so big in recent years and some people also believe this is a step in protecting the privacy of a gambler. When asked what crypto is often at stake when playing online gambling, I think it depends on the site used and each person's personal choices, but usually I prefer to use USDT, BUSD or other types of crypto.

Some people prefer to use bitcoins when gambling, the reason being that they can hold bitcoins and there is no need to rush to sell after winning at gambling, the habits of active gamblers may be more familiar with choosing bitcoins. But for me it's too risky to lose my bitcoins when I lose, due to the nature of gambling it's hard to keep winning and the options I use on UDST or BUSD.

[rhomelmabini]

So for me, I've always preferred to do all my gambling in stable coins only for the reasons given above..
So what about you? Do you feel and do the same or do you have a different perspective to this altogether? Let's discuss.

I think we are the same considering it's also easy especially if you're into the Tron network which I like the most. What I like now was on my favorite digital wallet in my country (GCASH) is that they have registered casinos and it's easy to transact when you feel like you want to deposit/withdraw and no hassle as long as your account is verified.