Top 5 Advantages of Bitcoin Casinos vs. Traditional Casinos

[danadc]

With respect to option 3 , it is very varied, by Chance I have seen many casinos, new and old, and they all agree that they use the same game providers and this means running into the same games without taking into account how old they are and apart from all of them. the same , if I enter an old casino and then a new casino, I get the same and identical games, so I don't see much emotion, what matters is that they are casinos that are more original , when I see a casino that has its own own games and that are different from those of other casinos, I lean towards those casinos because they are more Original , maybe you are the same option to win, but it is different.

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[CryptoHeadlineNews]

From the title of this thread, it clearly shows and I expected to see a comparison article between the advantages of Bitcoin Casinos and that of Traditional casinos, and not this single-sided content you just gave as given above, because only if had the title said to be "Top 5 Advantages of Bitcoin Casinos over Traditional Casinos, then what you just gave would have been partly acceptable.

For example, Note this;
1. When you say advantage of "A vs B", it simply means you are trying to point out the advantage/good qualities which both A & B has independently.

2. But when you say advantage of "A over B", it simply means you are trying to point out that single advantage/good quality which A has over B

And that what it seems the O.P of this thread did, by applying his title using example 1 and writing his content using example 2

[Fortify]

1. Odds transparency
Traditional online casinos claim they run games via a random number generator. But how random is the number generator?

It’s a legitimate question. What a traditional casino says it does and what it does could be two different things. Bitcoin casinos operate via transparency. You know true odds when you wager in a Bitcoin casino.

If you’re a sports bettor, you understand that knowing the odds is the first part of making smart bets. You won’t always make winning bets, but you will make smart bets, which is the only thing we can do when betting.

In the long run, the more smart bets we make, the more we profit.

2. Safety and security
It would take 51% of all nodes to steal a transaction. By 51%, we mean thousands of computers would have to decide to steal the same transaction.

It’s almost an impossibility. We can’t write impossible because nothing is 100% impossible. But the amount of work it would take to steal your Bitcoin casino deposit is as close to impossible as it gets.

The real reason? Proof of work rewards Bitcoin miners to create blocks, which means the rewards of validating and securing transactions is more than the reward from stealing almost all BTC transactions.

3. Game variety
Variety of games is a sign of an honest casino. The more games there are, the more ways players can win. If a casino offers fewer games, there’s a chance those games could be more prone to shady tactics that lead to losses.

Also, it’s easier to manage payouts when there are fewer games. Traditional casinos that offer fewer games may be fudging the amount they pay out on each win.

Bitcoin casinos often provide more games. Not only that, but the payouts are also often higher due to Bitcoin’s transparency and decentralized aspects.

Have to disagree with some of the points you made and they are a bit nonsensical in some ways. The first one - you mention that online "traditional" aka fiat casinos rely on random number generators and somehow crypto currency casinos do not, that's a lie and a deep misunderstanding of the so-called transparency of provably fair play. Provably fair casinos still work with random number generators all the time, it's just in theory the patterns are more visible if they were not completely random it could be detected more easily, but they still use them. Game variety is also misleading because there are fiat casinos out there which have been operating for decades and built up vastly larger portfolios of games than currently being offered by the average crypto casinos.

[Cantsay]

You title stated "Top 5 advantages" and the content ended at number three, what happened to the remaining 2 Op? If you want us to click on the link to check out he rest then why don't you edit your post and make it less misleading.

Besides, I expected to see some kind of contrasting ideas like comparing a Bitcoin casino to traditional casino but instead you only wrote about somethings about Bitcoin casino and left out the traditional casino entirely another misleading information in your post.
This is not your first time of creating content like this and I'm sure another one will pop out again with incomplete information.

Here's he full article→ https://n2g.io/60dc76f

I see the reason why you chose not to share the complete article, it seems like you were looking for traffic afterall but at least you could have edited the title to match the content you posted here in the forum. It's not a must that the title must match with of your website an if anyone is interested in viewing the whole content they can click on the link you sharing 3 instead of the 5 stated in the title won't be a factor that would make anyone want to go to the original article, JSYK.

Next time share content based on what you want others to learn not so that you can set a click bait or force them to leave bitcointalk and cases like that do discourage people to engage in discussions here in bitcointalk.

[dothebeats]

The main selling point of bitcoin casinos - or any online casino in general - is its ease of access and general comfortability. You don't have to travel in order to go to one, and you can literally play with any device that has a working browser that's updated and compatible with the games that they are providing. Another thing is that there aren't any time limitations on online casinos compared to traditional casinos. There are traditional casinos that only have certain operating hours, so if you're already in the middle of winning streak but the it's already their closing time, you have no choice but to leave your game and call it a day.

[famososMuertos]

The odds are something "minimal(%)" that vary from casino to casino, sports betting, regardless of whether it is crypto or not, on the other hand, the bettor's skill is indifferent if he bets on crypto or traditional casino, I don't know why you mention that.

Point 2 tells me that you start to lose yourself in the idea of what you want to say.
3...

One of the great advantages of crypto casinos far removed from featured like PF, cryptocurrency deposits and withdrawals, is that there is a large community like bitcointalk.org that supports trust in a group of casinos.

[Yatsan]

The odds are something "minimal(%)" that vary from casino to casino, sports betting, regardless of whether it is crypto or not, on the other hand, the bettor's skill is indifferent if he bets on crypto or traditional casino, I don't know why you mention that.

Point 2 tells me that you start to lose yourself in the idea of what you want to say.
3...

One of the great advantages of crypto casinos far removed from featured like PF, cryptocurrency deposits and withdrawals, is that there is a large community like bitcointalk.org that supports trust in a group of casinos.

Traditional and Bitcoin casinos are the same. Obviously, the differencenonly is the network these platforms are running through, regulation of the platform or taxation and/or the mode of payment which includes difference with transaction fees as well. A gambler could play the same kind of games on fiat based and crypto based platforms.

With regards to community of users, fiat baded as well has such thing in which players could ask for concerns such as with bugs, and other concerns which has a tendency of mutualism with other players. Legitimacy on the other hand can be easily determined with fiat based becaause of registration of the platform. And with odds, I agree that it is more dependent with the platform or gambling site itself and not to the mentioned condition.

[Wiwo]

The main selling point of bitcoin casinos - or any online casino in general - is its ease of access and general comfortability. You don't have to travel in order to go to one, and you can literally play with any device that has a working browser that's updated and compatible with the games that they are providing. Another thing is that there aren't any time limitations on online casinos compared to traditional casinos. There are traditional casinos that only have certain operating hours, so if you're already in the middle of winning streak but the it's already their closing time, you have no choice but to leave your game and call it a day.

I guess that is the same as the general feature of a casino which is online be it a cryptocurrency casino or fiat casino and there is much difference between both of them, unless for few differences which are widely not mentioned in most discussions since it quite unnoticed.
That is the cross-border deposit of Bitcoin casinos, unlike the traditional casinos where your location and currency may affect your deposit process.

[Darker45]

I think the main reason why Bitcoin quickly developed into a sort of a gambler's currency was that it offered a certain level of anonymity to the gambler. Please correct me if I'm wrong, but there was a time when KYC was never a thing in Bitcoin gambling. So Bitcoin became a sort of an underground gambling currency. Gambling in Bitcoin means privacy.

Later on, however, although Bitcoin and other cryptocurrencies remain to be heavily used in gambling, with stricter regulations, KYC becomes a requirement for gambling platforms. Although it is not mandatory every time a user signs up, it could be required anytime. For me, if KYC becomes compulsory upon sign up, I might as well gamble with fiat.

[Sims25]

I was wondering why the privacy and convenience aspect was not mentioned here by the OP although I did not bother to click the link as provided by OP as I have had  many issues of things of that nature years past.

Privacy is what I cherish so much that I do not bother or feel worried when ever I gamble. You know in this part of the world where I come from, gamblers are not respected and are seen as irresponsible which makes one not feel alright when doing such. It is good how one can conveniently play from wherever they are with bitcoin online just to  keep themselves void of any attack and unpleasant situations relating to you gambling.
 

I'm surprised to since this is Nitrobetting's biggest advantage over all casinos. They are completely anonymous.

[Asuspawer09]

I mean Bitcoin Casinos and traditional Casinos are both businesses, if you do business it does mean that there's no way you're putting your business's odds of winning lower than the players. We know that the Casino always wins. Generating a random number is always an issue especially on online websites because you could easily cheat on it, alter the codes making the winning odds lower than losing, or maybe put a limit on certain winning in that way theirs no way the business is going to lose money.

It could easily be the same in the traditional casino but it wasn't that easy unlike bitcoin casinos or online gambling casinos since you could play card games where you have a fair chance of winning or sports betting where the casino doesn't have control. But still, there are always going to be limits same as online casinos where the business is always going to win.

But I guess businesses love to invest in their clients they persuade gamblers to play again every time if they continue to win games.

[dezoel]

I don't see how the 51% attack and Proof of Work and miner reward examples are relevant here, you are talking about Bitcoin casinos vs Traditional casinos but not about Bitcoin blockchain. Even if a transaction cannot be stolen once broadcasted, it doesn't mean that a cryptocurrency casino cannot scam you, and that is what we should be discussing. A transaction made with a bank card can also not be stolen once generated which you do in traditional online casinos, so I don't really see that as an advantage or a disadvantage.

What is actually an advantage that you could say is the deposit and withdrawal times, which can take days, especially withdrawals, if you are using a traditional online casino while it takes about minutes or sometimes hours for a cryptocurrency withdrawal to reach your wallet from the casino.

[delfastTions]

I don't see how the 51% attack and Proof of Work and miner reward examples are relevant here, you are talking about Bitcoin casinos vs Traditional casinos but not about Bitcoin blockchain. Even if a transaction cannot be stolen once broadcasted, it doesn't mean that a cryptocurrency casino cannot scam you, and that is what we should be discussing. A transaction made with a bank card can also not be stolen once generated which you do in traditional online casinos, so I don't really see that as an advantage or a disadvantage.

What is actually an advantage that you could say is the deposit and withdrawal times, which can take days, especially withdrawals, if you are using a traditional online casino while it takes about minutes or sometimes hours for a cryptocurrency withdrawal to reach your wallet from the casino.

In fact, there are quite a few parameters for financial flows and transactions using cryptocurrencies in a casino that allows players to play with a deposit in cryptocurrencies.  I will list the main ones. 
These are: the requirements for the cryptocurrency itself, which coins can be used in this casino. 
These are the minimum and maximum deposit requirements. 
These are the requirements for the minimum and maximum bets in the game. 
This is the wagering requirement required to withdraw funds from the deposit, which is also indicated in the TOS. 
This is an additional commission set by the casino for the withdrawal of cryptocurrency from your deposit in addition to the net commission of the network of this cryptocurrency. 
Finally, this is the requirement to pass or not pass KYC when withdrawing money from the casino.  There may be other requirements as well. 
And all of them are important for the player. 
So in any case, you should carefully read the TOS before starting to play in a new crypto-casino.

[jostorres]

I think the main reason why Bitcoin quickly developed into a sort of a gambler's currency was that it offered a certain level of anonymity to the gambler. Please correct me if I'm wrong, but there was a time when KYC was never a thing in Bitcoin gambling. So Bitcoin became a sort of an underground gambling currency. Gambling in Bitcoin means privacy.

Later on, however, although Bitcoin and other cryptocurrencies remain to be heavily used in gambling, with stricter regulations, KYC becomes a requirement for gambling platforms. Although it is not mandatory every time a user signs up, it could be required anytime. For me, if KYC becomes compulsory upon sign up, I might as well gamble with fiat.

That along with transaction conveniences were among the main reasons why people initially started using Bitcoin for gambling. Transactions times and fees used to be way lower than today back when crypto gambling was first introduced. There used to be only a few cryptocurrencies, Bitcoin being the top one since it was the first cryptocurrency to gain popularity in the world, so casinos initially only used to accept Bitcoin.

As the time passed, new cryptocurrencies started to emerge and platforms started upgrading their payment methods and started accepting new cryptocurrencies along with Bitcoin, and because some other cryptocurrencies had lower transactions times and fees, people started preferring those over Bitcoin.

[maydna]

I think the main reason why Bitcoin quickly developed into a sort of a gambler's currency was that it offered a certain level of anonymity to the gambler. Please correct me if I'm wrong, but there was a time when KYC was never a thing in Bitcoin gambling. So Bitcoin became a sort of an underground gambling currency. Gambling in Bitcoin means privacy.

Later on, however, although Bitcoin and other cryptocurrencies remain to be heavily used in gambling, with stricter regulations, KYC becomes a requirement for gambling platforms. Although it is not mandatory every time a user signs up, it could be required anytime. For me, if KYC becomes compulsory upon sign up, I might as well gamble with fiat.

The days of Bitcoin casinos not implementing KYC have passed or are still ongoing, but only for gamblers who don't use big money, so they are free to gamble in crypto casinos. But big money gamblers should be prepared to do KYC if the casino asks. And anonymity is indeed one of the things that makes Bitcoin casinos grow faster, especially in the recent Covid time.

But even though KYC will eventually become mandatory, we can still play gambling using our personal wallets because there are casinos that provide this facility. We probably won't be asked to do KYC by connecting our personal wallet with our gambling account. But the advice that still works is don't use big money in gambling so that the casino doesn't investigate your account.

[danadc]

I think the main reason why Bitcoin quickly developed into a sort of a gambler's currency was that it offered a certain level of anonymity to the gambler. Please correct me if I'm wrong, but there was a time when KYC was never a thing in Bitcoin gambling. So Bitcoin became a sort of an underground gambling currency. Gambling in Bitcoin means privacy.

Later on, however, although Bitcoin and other cryptocurrencies remain to be heavily used in gambling, with stricter regulations, KYC becomes a requirement for gambling platforms. Although it is not mandatory every time a user signs up, it could be required anytime. For me, if KYC becomes compulsory upon sign up, I might as well gamble with fiat.

The days of Bitcoin casinos not implementing KYC have passed or are still ongoing, but only for gamblers who don't use big money, so they are free to gamble in crypto casinos. But big money gamblers should be prepared to do KYC if the casino asks. And anonymity is indeed one of the things that makes Bitcoin casinos grow faster, especially in the recent Covid time.

But even though KYC will eventually become mandatory, we can still play gambling using our personal wallets because there are casinos that provide this facility. We probably won't be asked to do KYC by connecting our personal wallet with our gambling account. But the advice that still works is don't use big money in gambling so that the casino doesn't investigate your account.

This limits the players a lot, because no player wants their data to remain in the custody of a platform that can be hacked, that can be violated and, apart from that, it can be an option so that they do not trust, this will always cause mistrust in anyone, for that reason The reason is that everyone is so reluctant to accept a KYC, I accept kyc in my casino which is duelbits, but because it is a reliable casino, which has a high reputation, but in new casinos I don't dare to leave my kyc because I don't know what Questions are what they are looking for, since they are regulators who demand I do not trust much, it is something that all newbies should take into account.

[Dr.Bitcoin_Strange]

Threads like this with incomplete information annoy me because I expect that whenever I open a thread, I get all the information that was promised on the title and not redirecting me to a website I have no assurance of my privacy because the website is safe from hackers.

Well, I can say that most users are very experienced in the forum and also in how to create good titles for their thread, while some people also don't know how to title their thread, but the content is usually very interesting. I have seen so many threads like that. I am also one user that usually gets a bit stressed when choosing a good title that best fits any thread I want to create, and that has made me not yet create a few topics that I have already drafted because I always feel the title is not what it should be. In the OP's case, he has given the reference link, and if you feel you need more information and don't want to use his link, you are still free to use your favorite search engine.

There's no way a tradition casino can compete with online casinos. The advantages should favor online casino as the withdrawal and deposit are easier and the accessibility of the casino is easier with online casino as it can be access from anywhere around the world.

You are correct, but we all know that everything that has an advantage also has a disadvantage, and the disadvantage of the online casinos is that most of them have some hidden terms and policies that can just kick out a user from their account due to a violation of those terms. Most times, those casinos are just scams, and if a user's account is broken with their money inside, they can't access the casino from their individual county. The merits of online casinos may be very enjoyable, but the demerits are also unpleasant experiences.

Cheers 🥂, Dr.Bitcoin_Strange 👺👺

[Slow death]

1. Odds transparency
Traditional online casinos claim they run games via a random number generator. But how random is the number generator?

I don't know much about the technical part of running an online or physical casino because I've never worked in a physical or online casino and I've never owned a casino, but I believe that casinos that have options for deposits and withdrawals in fiat are not as dishonest to the point of manipulating the games and also if that happened I believe someone would find out, so I think that casinos that offer fiat as deposits and withdrawals are no worse than crypto casinos, at least not all, as it happens in crypto casinos have a few crypto casinos that are reliable and most that are scam or problematic so in fiat casinos there are also reliable ones and scam and problematic ones, people have to research a lot when choosing a casino

2. Safety and security
It would take 51% of all nodes to steal a transaction. By 51%, we mean thousands of computers would have to decide to steal the same transaction.

well about that, fiat is also safe, it is backed by the government and monitored by the central bank so it has a very high degree of reliability, of course it can also lose value depending on how the government is doing in economic terms, but that doesn't it is very different from bitcoin which also falls in price and rises in price, my point is that both things are useful, if someone likes fiat then use fiat casino, but if you do not like fiat then use cryptocurrencies, note that i I used the word cryptomoedas because there are people who don't like bitcoin and like altcoins. people just have to wear what they like

[jrrsparkles]

The actual advantage is the convenience, you can play whenever you want and wherever you are because all you need is an internet connection. I don't agree with the safe and secure factor because you can't compare the blockchain advantage with a casino so the 51% attack will never apply to the casinos but the transactions are irreversible so it has it's pros and cons on its own.

Traditional casino can be more fun too but we need to plan for that and allocate time from our daily schedule and decent amount of money while in crypto casino you can gamble with minimum amount too and you won't feel any shame even with little money.

[RILWAN]

There is no difference between the two and as far as it is a casino both online butcoin casino and diet casino are all the same and there is no difference between the two of them so there is no need to compare both them in any way and as long as casino gambling is concerned once you can deposit and withdraw and also play games it becomes secured enough.