The advantage of online gambling | Microgambling

[betswift]

Is this something you take advantage of too? I think it's a nice way to pass time and not have to spend too much, keeping the habit under limit etc. What do you think?

Yes, I take advantage of this, especially when I play some "crazy" auto-betting strategies. And yes, it's a nice way to "kill" some time and have fun with different setups. Even if it's random betting, with some small amounts we don't risk much and we can have some fun.

I tried (and I am trying) to explain this to many people around me, but they don't get it... people (outside crypto) often get confused with decimals, and it's hard to explain to them that in crypto gambling we can have fun even with the smallest amounts.

Yeah, it sounds and seems fun, thought not everybody would get it. The possibilities that open up from feature like that are far and wide

[tread93]

Something often overlooked about online gambling is that you can go on online platforms to gamble with very tiny minuscule amounts



So you can play in online casinos games and contrary to other mediums the minimum wagers are very low. The screenshot above is for horse racing. Imagine that, you can bet on sports with less than a dollar cent. You could use a dollar to play over 100 bets. You could play the craziest bets and still keep going without going bankrupt.

If we were playing on a horse racing house, a betting shop or a casino there would have been minimums of at least 2.5$ on most games. Sometimes even higher. Sometimes casinos would let minimum spins for slots at 0.2$ but still on the slot you have to wager dozens of times to get anything so it's not really a fair comparison. Physical casinos would only let you bet low amounts on a game you have to lose a lot to get anything back. While for other games the minimums are 5$ or so.

Is this something you take advantage of too? I think it's a nice way to pass time and not have to spend too much, keeping the habit under limit etc. What do you think?

It’s definitely a very cool feature to be able to gamble with such low figures and decimals haha. You won’t make a lot of money doing that but I can see this actually being used as a tool to help gambling addicts ease their temptations and moderate their gambling spending in a healthy way.

[Jaycoinz]

Something often overlooked about online gambling is that you can go on online platforms to gamble with very tiny minuscule amounts



So you can play in online casinos games and contrary to other mediums the minimum wagers are very low. The screenshot above is for horse racing. Imagine that, you can bet on sports with less than a dollar cent. You could use a dollar to play over 100 bets. You could play the craziest bets and still keep going without going bankrupt.

If we were playing on a horse racing house, a betting shop or a casino there would have been minimums of at least 2.5$ on most games. Sometimes even higher. Sometimes casinos would let minimum spins for slots at 0.2$ but still on the slot you have to wager dozens of times to get anything so it's not really a fair comparison. Physical casinos would only let you bet low amounts on a game you have to lose a lot to get anything back. While for other games the minimums are 5$ or so.

Is this something you take advantage of too? I think it's a nice way to pass time and not have to spend too much, keeping the habit under limit etc. What do you think?

I prefer to gamble online because I can use extremely small amounts to place my bets that's something you cannot do in a land based bet center, Although gambling online has a lot of downsides like network fluctuations, addiction issues and withdrawal issues, the advantages outweighs the disadvantages, it's very comfortable to gamble online, you can do that from the comfort of your home without any stress and you don't have to worry about getting robbed after winning

[Lanatsa]

Something often overlooked about online gambling is that you can go on online platforms to gamble with very tiny minuscule amounts



So you can play in online casinos games and contrary to other mediums the minimum wagers are very low. The screenshot above is for horse racing. Imagine that, you can bet on sports with less than a dollar cent. You could use a dollar to play over 100 bets. You could play the craziest bets and still keep going without going bankrupt.

If we were playing on a horse racing house, a betting shop or a casino there would have been minimums of at least 2.5$ on most games. Sometimes even higher. Sometimes casinos would let minimum spins for slots at 0.2$ but still on the slot you have to wager dozens of times to get anything so it's not really a fair comparison. Physical casinos would only let you bet low amounts on a game you have to lose a lot to get anything back. While for other games the minimums are 5$ or so.

Is this something you take advantage of too? I think it's a nice way to pass time and not have to spend too much, keeping the habit under limit etc. What do you think?

I prefer to gamble online because I can use extremely small amounts to place my bets that's something you cannot do in a land based bet center, Although gambling online has a lot of downsides like network fluctuations, addiction issues and withdrawal issues, the advantages outweighs the disadvantages, it's very comfortable to gamble online, you can do that from the comfort of your home without any stress and you don't have to worry about getting robbed after winning

One of the benefits that you could really be able to have is that you could make use of those smaller amounts on the time that you do play gambling on which we know that playing on physical places
isnt really just that possible on this kind of aspect. This is one of the main advantage of online gambling into physical ones, although we do know that despite of lacking with those things then
we would really be still able to see that there are really people who do really stick into these traditional path and wouldnt really be mindful about their minimum bets per roll on which we know that the lower
it would be then the less risk on losing up bigger amount. Also, it could really be that having that limit at least on which each person would really be taking.

Not only just that only a small minimum bet to have but also the convenience on which it do really gives. On where we do know that when it comes to online gambling then you arent really that putting yourself
into going into physical places on which it does really give out that kind of easy access and could play in the convenience of your own home which we do mostly preferred.

[Slow death]

In my case, since I only like sports betting and I focus more on sports betting, I choose to start betting with $1 in multibet bets with very high odds and when I win I increase the bet amount, but when I see that $1 will not make me win any relevant amount of money, then I increase the bet amount to $3 or $5 and if I win I will increase the bet amount. But I do not place more than $5 when the $5 did not come from some profit. That way I can better control my bankroll. I see this part of sports betting as being a disadvantage compared to casino games where the person places an amount like $0.20 in each round and if they hit a large multiplier they can win a lot of money.

[FinneysTrueVision]

Back when Dogecoin was really cheap, I used to try out different automated strategies for dice with very low amounts. Dice is the perfect game for placing micro bets because if you are a really dedicated player then you will have hundreds or even thousands of rolls per day. With BTC becoming so expensive, it became less suitable for dice but for sporting events it is still worth it to make some really small bets on a huge underdog with the hope of turning a few cents into something significant.

[Oluwa-btc]

Something often overlooked about online gambling is that you can go on online platforms to gamble with very tiny minuscule amounts



So you can play in online casinos games and contrary to other mediums the minimum wagers are very low. The screenshot above is for horse racing. Imagine that, you can bet on sports with less than a dollar cent. You could use a dollar to play over 100 bets. You could play the craziest bets and still keep going without going bankrupt.

If we were playing on a horse racing house, a betting shop or a casino there would have been minimums of at least 2.5$ on most games. Sometimes even higher. Sometimes casinos would let minimum spins for slots at 0.2$ but still on the slot you have to wager dozens of times to get anything so it's not really a fair comparison. Physical casinos would only let you bet low amounts on a game you have to lose a lot to get anything back. While for other games the minimums are 5$ or so.

Is this something you take advantage of too? I think it's a nice way to pass time and not have to spend too much, keeping the habit under limit etc. What do you think?

Undoubtedly online gambling has a lot of reasons to use online gambling instead of offline gambling. And that is why a lot of online gambling sites going to be popular and popular day by day. And the minimum amount of bets you mentioned is on of the biggest reason why people are using online gambling instead of offline gambling.

Yeah I love the fact that online gambling set minimum bet range to enable gamblers be discipline in their dealings with money and yes it'll really help the addicted one's in this aspect cause it will inculcate in them that yes no matter what I must stick to this minimum betting price which is good you know.

So I think this idea is absolutely a good advantage to addicted gamblers that can't control their gambling habits and with that they'll need to follow up with this,but for me I know my way around my gambling activities so it's not an advantage to me.

[Julien_Olynpic]

I agree that the ability to make very small bets in online casinos is a really cool thing. Firstly, not all players have a lot of money to make big bets. We know that most responsible players say that they play only for fun. You don’t need to make big bets to play for fun. Big bets already indicate a desire to make money. Secondly, many people value anonymity and saving time. The ability to place bets sitting in a comfortable chair when you don’t have to go to a physical casino is also a big advantage.
  However, I must say that the small stakes make this game closer to the demo version.

[betswift]

Back when Dogecoin was really cheap, I used to try out different automated strategies for dice with very low amounts. Dice is the perfect game for placing micro bets because if you are a really dedicated player then you will have hundreds or even thousands of rolls per day. With BTC becoming so expensive, it became less suitable for dice but for sporting events it is still worth it to make some really small bets on a huge underdog with the hope of turning a few cents into something significant.

Thanks for sharing your experience! It sounds like fun to try to turn a minuscule sum into something worth looking at Though, of course, it's done more for fun and experimenting, in my opinion.

[Lida93]

Something often overlooked about online gambling is that you can go on online platforms to gamble with very tiny minuscule amounts



So you can play in online casinos games and contrary to other mediums the minimum wagers are very low. The screenshot above is for horse racing. Imagine that, you can bet on sports with less than a dollar cent. You could use a dollar to play over 100 bets. You could play the craziest bets and still keep going without going bankrupt.

If we were playing on a horse racing house, a betting shop or a casino there would have been minimums of at least 2.5$ on most games. Sometimes even higher. Sometimes casinos would let minimum spins for slots at 0.2$ but still on the slot you have to wager dozens of times to get anything so it's not really a fair comparison. Physical casinos would only let you bet low amounts on a game you have to lose a lot to get anything back. While for other games the minimums are 5$ or so.

Is this something you take advantage of too? I think it's a nice way to pass time and not have to spend too much, keeping the habit under limit etc. What do you think?

It’s definitely a very cool feature to be able to gamble with such low figures and decimals haha. You won’t make a lot of money doing that but I can see this actually being used as a tool to help gambling addicts ease their temptations and moderate their gambling spending in a healthy way.

The features seem to work more favourably to responsible gamblers with very minimal bankroll and who also love to gamble for fun to feel entertained rather than just earning money from gambling. Because if we look at the minuscule amounts in the Op using it to make a bet for a game of an odd size of 1.12 or so I wonder how much amount the gambler stands to win if he's gambling to make profit except he going for a bigger odds which invariably lowers his chances of winning to the very minimal. Hence, the advantage depends on what the gambler is gambling for - fun or profit.

[$weetne$$]

Physical casinos has got a minimum amount which are higher than that with the online casinos, when you are playing in an online casino, just like the picture shared by OP, it's very possible with the most minimum, you be able to still win a healthy amount and make crazy sum off it but with physical casinos, you may not really make such good amounts gambling with them because they do not allow for some kind of amount and this is one very big difference and advantage spotted with online casinos over the physical.

Physical casino do not have the numbers of customers that online casino get. Online casino can offer their service to people from different parts of the world therefore they can get more customers . Offering them low minimum stake amount is to encourage them to bet. When they see that small amounts, they would no consider it and before they know they might have gambled more than they expected and lost all the money too. Gambling $1 on each game can make you to play 15 games without knowing but if one game was $15 to play. After you lose one game, you might decide that you are not going to play again because the money is too much for you lose and you know you might lose more if you continue to play. Online casinos have tricks they use to make us gamble more.

[Cryptoprincess101]

So you can play in online casinos games and contrary to other mediums the minimum wagers are very low. The screenshot above is for horse racing. Imagine that, you can bet on sports with less than a dollar cent. You could use a dollar to play over 100 bets. You could play the craziest bets and still keep going without going bankrupt.

So you think staking very low amount will make a gambler not to spend so much money on gambling? do you know that some gamblers can use that since they can place bets with little cents of dollars they can actually do multiple betting in each round of play such that if the amount are to be accumulated together it will turn into a huge amount in dollars. Reducing the staking amount to the minimum is not a guarantee that gamblers can't lose a lot of money because the more the amount is reduced that is how a gambler will be making accumulated events that the outcome will turn out to be huge which will make it difficult for winnings due to the multiple accumulated events which reduces the chances of winning.

[sunsilk]

Is this something you take advantage of too? I think it's a nice way to pass time and not have to spend too much, keeping the habit under limit etc. What do you think?

Yes, it is an advantage for a sports bettor if that amount is less than a buck. Many of us can afford to gamble and that's thanks to these kinds of minimum limit of the bookies.

And with this, you can monitor the expenses or allocation that you have in gambling instead of just spending an amount that's quite big and then you'd spend it recklessly because you're so emotional.

That's what I think and can see some light on this kind of limit, TBH.

[Obari]

The only problem here is that, as a gambler who wants to achieve a reasonable amount and result from gambling, you don’t expect such a person gamble with less than a dollar as the case might be and regardless, I think the advantage of online casinos can’t  be compared to the sister ones which is the physical ones and this is while in my local community and country, most of the landed casinos are already building their on online sites where trying to maintain the physical ones and it seems most of the casinos in the country are already moving into the internet space and they’re already doing very well for themselves.

[wheelz1200]

Something often overlooked about online gambling is that you can go on online platforms to gamble with very tiny minuscule amounts



So you can play in online casinos games and contrary to other mediums the minimum wagers are very low. The screenshot above is for horse racing. Imagine that, you can bet on sports with less than a dollar cent. You could use a dollar to play over 100 bets. You could play the craziest bets and still keep going without going bankrupt.

If we were playing on a horse racing house, a betting shop or a casino there would have been minimums of at least 2.5$ on most games. Sometimes even higher. Sometimes casinos would let minimum spins for slots at 0.2$ but still on the slot you have to wager dozens of times to get anything so it's not really a fair comparison. Physical casinos would only let you bet low amounts on a game you have to lose a lot to get anything back. While for other games the minimums are 5$ or so.

Is this something you take advantage of too? I think it's a nice way to pass time and not have to spend too much, keeping the habit under limit etc. What do you think?

Yes this is the one advantage of online gambling and a big plus for crypto.  Because of how cheap crypto can be amd being divisible not only gambling but payments onto a platform could be fractional too.  So ypu don't need a big minimum just to use a gaming platform.  The downside is that with such small bets you don't put much thought into it amd think you lose more often even if it's small amounts.

[HelliumZ]

All the problems faced in physical casinos have been solved in online casinos and that is why a large section of the younger generation is showing interest in online gambling. Any amount can be bet in online gambling but no amount can be bet in physical casino and physical casino requires direct participation and security is always feared. Physical casinos require direct physical participation, which greatly increases the chance of contracting an infectious disease by coming into contact with different people. But there is no need to directly participate in the online casino, there is no possibility of disease and also there is no problem with withdrawing the bet money.

[Orpichukwu]

Is this something you take advantage of too? I think it's a nice way to pass time and not have to spend too much, keeping the habit under limit etc. What do you think?

It's something that I believe has helped to reduce the amount one could have necessarily spent on gambling since they give the option of a low minimum wager amount. You can possibly use a small amount to play as many bets as you can, and if you are the type that has a maximum number of bets a day, you can reach that using a small amount. 
 
Here in my country, some betting platforms allow one to place a bet for as low as N10 and some N5 back then, which was low below $0.015, and with a N1600 deposit, which is equivalent to a dollar, you can make a whole lot of bets unless you are using a higher amount in order to increase the winning potential amount.

[alegotardo]

Is this something you take advantage of too? I think it's a nice way to pass time and not have to spend too much, keeping the habit under limit etc. What do you think?

Yes!

This is very good for those who want to test new strategies without the risk of losing a lot of money... start with a low bet, check if it works or cover losses, check the new result and make adjustments....
Then, when you are quite "calibrated", multiply that tiny bet by x100 or x1000 and bet for real.

This certainly wouldn't be possible outside of an online casino.
The best of all is that in an online casino it is possible to place these bets with a very large amount of cryptocurrencies, however in real life this would probably only be possible with Fiat money.

[LDL]

Microgambling is basically possible online, it is never possible in offline gambling because betting such small amounts is not possible in offline gambling. Anyone can participate in online gambling from any part of the world at any time, there is no need to physically participate, that's why the popularity of online gambling is increasing day by day. Also we can't bet in fractional bets but microgambling anyone can bet any amount.  That's why everyone from any class, poor or middle class, can spontaneously participate in online gambling.

[dansus021]

Physical gambling need a higher bet because they need to pay staff and etc that make the pleasure for the gamble lets say you gamble on casino on vegas or macau, some big casino might offer you free snack or free drink while you there and they charge lot from deposit or maybe from the winning it simply they need to pay ton of staff and those snack and beverage.

The advantage of online gambling | Microgambling yep in online you only need a internet and you can gamble as low as the fraction of dollar but the winning is also small. You can make bet like 100 bet but the winning dollar also very small same case goes with the higher deposit