MetaMask Crypto Casinos

[Asuspawer09]

Most of the time on some of the gambling websites that I've played all you need is email in order to register and start playing, But recently I came across somewhere you can use your MetaMask wallet in order to log in to their website, For sure I don't really going to recommend that especially because it is just way too risky to put your personal wallet to some suspicious website, especially on a gambling website where there is a lot of phishing that is happened most of the time.

If I have a huge amount in my Metamask money I would really connect it to a lot of websites that is not really secure or trusted, I would just use it for safe transactions where I wouldn't risk my account getting drained, It was just very scarry since there are a lot of cases of it where metamask wallet get drain pretty easily probably phising or some other method, there are lot of method that they might use in order to hack our wallet to its already better to avoid it and be safe from it than having regret in the end when you get hack, Also it wouldn't really hurt if your going to just make a other metamask account that doesn't have big funds, or just an account that you use for playing, or else just use other ways like email.

[1715528383]

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[1715528383]

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[KiaKia]

Those casinos are just online casinos, they have nothing to do with metamask, even if it's a decentralized casino you will have to connect any supported crypto wallet, from metamask to trust wallet and others.

Metamask is not running any casino so the way you constructed this topic is way off key, and also it's risky connecting your crypto wallet to any platform especially the likes of casinos, you are far safer from threats if you deposit digital currencies to the address in your online casinos account.

The fastest way that crypto wallets get compromised is by connecting the wallet to a platform, how many people are even aware of the signing they approve on their wallet? It's also why I advice people to not use the same wallet they store lots of assets on for airdrops.

[Unsoldier]

I don't understand why you need to use Metamask for casino betting. If you play in a casino and place bets, then you will spend a commission for each bet because that's how the blockchain works. It's completely unprofitable! I don't think Metamask is needed to play casino games. It's much easier to deposit once into your account and play.

[Awaklara]

I don't understand why you need to use Metamask for casino betting. If you play in a casino and place bets, then you will spend a commission for each bet because that's how the blockchain works. It's completely unprofitable! I don't think Metamask is needed to play casino games. It's much easier to deposit once into your account and play.

I think the concept will still require a deposit to the casino. so when you bet you don't need to confirm every bet via Blockchain.
Use the Metamask extension in the browser only to connect the wallet to the casino. and there is no need to register to become a player at the casino.
As far as I know, the process is like that, but I don't know what the OP meant.

[Z_MBFM]

Lol.... how your casino list is Metamusk casino? how to you manage them? all casino site from your list is centralized  gambling site and all site asking  for creating a account and login. from here i already have gambling experience with some site. how that site can be considered as web3 (metamusk)casino?
Metamusk or Web3 Casinos are not yet available in the gambling market. and these casinos also have risk because wallet can be hacked through wallet connect. So centralized casino is enough to use only for fun purpose

[Hispo]

I don't understand why you need to use Metamask for casino betting. If you play in a casino and place bets, then you will spend a commission for each bet because that's how the blockchain works. It's completely unprofitable! I don't think Metamask is needed to play casino games. It's much easier to deposit once into your account and play.

Actually, it does not depend on Metemask (which is just a wallet or an interface to interact with different blockchains or projects) it would rather depend on the Blockchain and protocol one is trying to use to bet. If the network is Ethereum, then indeed there will be many transactions on the bets being placed and it would be very unprofitable to anyone who is a small gambler, though that is not the only option people have.

You should consider that there is a real market for people who would like to gamble or bet without having to send their KYC personal information to the casino and also those who are simply enthusiastic on the advantage of the decentralization in several branches: exchange services, decentralized finances, gambling, insurances, among others. Such market is not big enough as the centralized casinos, but one cannot ignore their existence.
Perhaps someday, it would be a part of this ecosystem which we will see to grow, in spite of the efforts of regulators to shut them down.

[joniboini]

and these casinos also have risk because wallet can be hacked through wallet connect. So centralized casino is enough to use only for fun purpose

I mean hacking risk exists everywhere regardless of what kind of service you use. I do agree that verifying smart contracts can be an arduous task, but if you can do it then you can verify before you connect your wallet to some random websites. It is not like you are forced to connect your main wallet anyway, which is never recommended whether you plan to gamble or not. Relying on a centralized service is usually not what you want to do with your crypto, especially when most licenses can't guarantee the business you're dealing with don't use some trick on the backend. At the end of the day, always verify and research the platform you want to use, and be aware of the risk associated with it.

[Fivestar4everMVP]

Lol.... how your casino list is Metamusk casino? how to you manage them? all casino site from your list is centralized  gambling site and all site asking  for creating a account and login. from here i already have gambling experience with some site. how that site can be considered as web3 (metamusk)casino?
Metamusk or Web3 Casinos are not yet available in the gambling market. and these casinos also have risk because wallet can be hacked through wallet connect. So centralized casino is enough to use only for fun purpose

Well, some of this centralized casinos actually have implemented a simple way of sign up and login, which is simply by connecting your metamask to the casino, by doing this, you no longer have to go through the stress of copying and pasting addresses for deposits, every money related transactions can be done I internally.
And next time you want to go online on that casino, you also don't have to start trying to remember your login details like password and username, all you have to do is connect your metamask to the site and that's an automatic login for you.

But then, as easy and fast as this is, I still believe it's one of the very bad ideas I will not advice anyone to do, it's a bad idea in the sense that,  a casino that has been well trusted can turn rogue overnight and hack users wallet, that is those who connected their wallet to the site.