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Author Topic: Bitcoin Lightning Network Casinos  (Read 645 times)
notblox1
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July 09, 2024, 04:59:23 PM
 #61

Aside from the fast payments and low tx fees, what are the benefits of it?
Lightning network is faster so withdrawal and deposit should be much faster.
But there are no other benefits for casinos, there are only downsides because Lightning is not decentralized like Bitcoin and we dont know what type of wallets casinos are using.
Anyone who is promoting Lightning is promoting some company provider, that is not bitcoin.

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noormcs5
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July 09, 2024, 05:20:04 PM
 #62

Is that your own sites? I'm surprised why you list this 1x shitty casino in your sites, here's the list why 1xbet is a scammy casino 1xbit scam accusations. Scamming gamblers since 2017 (1xbet is a sister company of 1xbit).

Although anyone can down vote the casino that they don't like, it's better if scam site got excluded. At the same time I don't like the ranks based on vote, people just need to spend their money to get higher rank even though they might not deserve it, but I understand this way is a form of money making.




Anyone can add a website that accepts Bitcoin and Bitcoin Lightning payments. Users can write reviews and rate these websites. It's a directory designed to establish trust in various services that offer Bitcoin payments

https://spend-sats.com/view/website/1xbet/


Technology comes later, the first thing is that the casino should be trusted one. What is the benefit of playing at a casino offering a Bitcoin lighting network and all other altcoins for deposit, but never letting the players withdraw the funds. I know people can give reviews about the site but for those sites where we are 100% sure that those sites are scams, that should be eliminated from the list.



By the way, how many gambler prefer to use Bitcoin Lightning Network for gambling purposes ? I think most of them don't even know how the lighting network works and they prefer using bitcoin network or maybe altcoins if they want to save time and fee.

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July 10, 2024, 10:46:41 AM
 #63

Aside from the fast payments and low tx fees, what are the benefits of it?
Lightning network is faster so withdrawal and deposit should be much faster.
But there are no other benefits for casinos, there are only downsides because Lightning is not decentralized like Bitcoin and we dont know what type of wallets casinos are using.
Anyone who is promoting Lightning is promoting some company provider, that is not bitcoin.

Upon all the fastness of the Lightening Network the uses (users) are very few. By the right lightening network would have been the best network to be used by bitcoiners but because of it complexity, it is only few use it. You have to look for someone that is using it to connect. It would have been better if they allow everyone to use like normal electrum. And I don't think those casinos using it would have enough customer but using it in a casino might be different from the normal uses of the network. Because since they are users there, the transaction process would be easier.

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July 10, 2024, 12:05:17 PM
 #64

Aside from the fast payments and low tx fees, what are the benefits of it?
Lightning network is faster so withdrawal and deposit should be much faster.
But there are no other benefits for casinos, there are only downsides because Lightning is not decentralized like Bitcoin and we dont know what type of wallets casinos are using.
Anyone who is promoting Lightning is promoting some company provider, that is not bitcoin.

Upon all the fastness of the Lightening Network the uses (users) are very few. By the right lightening network would have been the best network to be used by bitcoiners but because of it complexity, it is only few use it. You have to look for someone that is using it to connect. It would have been better if they allow everyone to use like normal electrum. And I don't think those casinos using it would have enough customer but using it in a casino might be different from the normal uses of the network. Because since they are users there, the transaction process would be easier.

For normal usage maybe people will really find it hassle to use but for gamblers which really want bitcoin still as option for them to deposit I guess they would provably use the lightning network if this is available in their selection. Also if there's an issue happening to the bitcoin network.

I don't know what's the real score about peoples decision upon their takes about lightning network but one thing is for sure. They only thing about this technology if network fee surge high. Then forget about it if fees goes back to normal since they don't like to use other thing but to deposit bitcoin directly.

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July 14, 2024, 02:13:34 PM
 #65

Aside from the fast payments and low tx fees, what are the benefits of it?

Lightning network is faster so withdrawal and deposit should be much faster.

But there are no other benefits for casinos, there are only downsides because Lightning is not decentralized like Bitcoin and we dont know what type of wallets casinos are using.

Anyone who is promoting Lightning is promoting some company provider, that is not bitcoin.


I believe not. Because from the casinos viewpoint, they don't care if it's centralized or decentralized as long as the money comes in into their ledgers. Many of the most successful casinos also accept fiat, no? Cool

Plus in whatever form casinos accept Lightning, custodial or non-custodial, it would always be a benefit to Bitcoin because the Bitcoins in the Lightning Network are actual Bitcoins that haven't been settled on-chain yet. Another benefit is using Lightning promotes the use of technologies on top of Bitcoin whether custodially or non-custodially.

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