Altcoins Talks - Cryptocurrency Forum
Marketplace => Gambling & Crypto Casinos => Gambling discussion => Topic started by: The_Crypto_Gambler on January 24, 2022, 08:38:34 PM
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Recently I have started to gamble with crypto, and other coins. Looking to speak with anyone who has had similar experiences. I find it much more effective than gambling with fiat. Let’s use this thread to discuss pros/cons and how us users can improve it!
Thanks!
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What do you mean by "effective" mate? I've gamble for years using crypto, and here's my thought:
Pros:
- Better privacy.
- Relatively cheap fees, depend on what coin you use. But the fees are still there, fee from market, gas/miner fees, casino withdrawal fees.
Cons:
- It can't be 100% free (0 fees).
For some casino, let's say BK8, fiat withdrawal is free. And bank transfer is free as well, so you can have 0 fee.
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I find it much more effective than gambling with fiat.
Thanks!
When you say much more effective, can you a little bit elaborate on that term. Gambling is a 50 - 50 trial, and for those who has been in the system and knows how it works, they know the little tricks and stuff that are in the process. For me am not a gambler, but wanting to see how that part looks like in the crypto community, but one thing I now for sure is that it is not as simple as one may think it is. If you are not good at predicting games (sports) or the casino and those stuff, you'll end up just going round.
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Teach me how to win?
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For me, I have just ventured into gambling and I have been able to make some wins but one thing that have guided me is not looking to cash out big.
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Browse all the information about online LTC gambling. Here you will get a complete overview of this gambling platform with its features, payment methods, withdrawal options, and more at your fingertips anywhere, anytime.
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I run a whole portal dedicated to crypto gambling. Crypto casino games, crypto betting and even crypto poker. Anyone who's interested, please ask, I'll try to help.
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I don't do betting anymore because I once bet on an NBA match and lost a huge amount of money.
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For me, crypto gambling is the same as flat since the games are the same, and the chances are the same (casino always wins). And emotions are the same. Since it's not a way to earn for me but to have some rest, I don't find crypto gambling something special but it's just more comfortable cause I have crypto funds
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Hi there. I've recently got into gambling, so I'd like you guys to share some advice for a newbie. I'd be grateful.
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Hey there. So, welcome! As a newbie on this forum, I totally get where you're coming from. My biggest piece of advice would be to start small and set a budget for yourself. It's easy to get caught up in the excitement and lose track of how much you're spending. Also, have you heard of no deposit casino bonuses?
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I've been looking for a crypto gambling site as well and came across dexsports recently? Any thoughts? Is it legit? If yes is it worth investing in their DESU tokens?
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Thanks for sharing.
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Recently I have started to gamble with crypto, and other coins. Looking to speak with anyone who has had similar experiences. I find it much more effective than gambling with fiat. Let’s use this thread to discuss pros/cons and how us users can improve it!
Thanks!
This topic is taboo for some, but all cryptocurrencies are inherently gambling. So why not earn more on various gaming platforms where you can earn tokens and increase your profits when you add up? Right now, TFS is running Web3 Quest, and you can take part in games on their platform and try to win the grand prize of $3k.
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$NORA early adoptes earn an incredible APY (188%) 💥, on top of gains from predictive models. Check noracle.io
Join the noracle.io presales on july 20, 2023
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I’m using it for over one month already. I really recommend this website. The interface is really simple in terms of usability, there is a ton of help and good articles for new people. I figured everything out really easily. Didn’t have any trouble with cashing out, too.
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Gambling in a crypto market is the best and good option because money is the most important thing in your life and we need the money every time. So through crypto the easy way to deposit and start gambling and when you win you can easily withdraw that money in a short time.
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Gambling in a crypto market is the best and good option because money is the most important thing in your life and we need the money every time. So through crypto the easy way to deposit and start gambling and when you win you can easily withdraw that money in a short time.
Gambling and cryptocurrency are complementary to each other. Without gambling, cryptocurrencies would remain largely untapped. These digital currencies have united all the platforms of the world. Because gambling is banned all over the world, people cannot transact publicly, but if transactions are done through digital currency, the privacy of the transaction is maintained, so the user is not in any danger. Moreover, one of the main reasons for using digital currency in gambling is that it has universal acceptance which other local currencies do not have.
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Recently I have started to gamble with crypto, and other coins. Looking to speak with anyone who has had similar experiences. I find it much more effective than gambling with fiat. Let’s use this thread to discuss pros/cons and how us users can improve it!
Thanks!
For sure crypto gambling has proven to be quite effective and more preferable to gamblers who are exposed to crypto, although it has its own limitations, crypto is a very volatile commodity and we can experience price change at any time without being informed, so what if you've deposited crypto to a casino and that coin you deposited into casino dips immediately, who then bears the losses, you or the casino.
And again, we can also consider high transaction charges too, let's use this period for example, gamblers who use Bitcoin to gamble would find it rather challenging this period because of the high transaction fees. Those are the disadvantages of crypto gambling.
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Recently I have started to gamble with crypto, and other coins. Looking to speak with anyone who has had similar experiences. I find it much more effective than gambling with fiat. Let’s use this thread to discuss pros/cons and how us users can improve it!
Thanks!
Op You can talk to me, I'm at least good at gambling. I usually bet heavily on football and cricket. Feel free to PM me if you need any help.
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Crypto gambling is without any doubt much more effective and more convenient for gamblers who value privacy and anonymity while gambling because not everyone wish their presence to be announced when gambling, some wish to gamble anonymously.
But like we already know everything has it's advantages and disadvantages, though as convenient and and effective as it is, the rate of transaction fees has proven to be one of the problems crypto gambling is currently facing.
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Gambling has a close relationship with crypto that can be easily analyzed. The main reason for giving priority to Cryptocurrencies as one of the main means of transactions, especially in online casinos and gambling sites, is that cryptocurrency gambling and casino sites protect privacy and ease of transactions. Transactions in cryptocurrencies do not incur additional transaction fees that other currencies incur in local currencies. Moreover, cryptocurrency has universal acceptance due to which it can be easily traded and withdrawn from all countries of the world. Moreover, another simple reason for using Bitcoin in gaming is that the hash and transaction ID of the transaction cannot be extracted when doing transactions in Bitcoin, so privacy is protected.
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I'm at least good at gambling. I usually bet heavily on football and cricket.
I think everyone who place bets is somewhat good at gambling but the ones who consistently win are very few in number. I have seen many people heavily betting on football and cricket matches and other sports events but a few of them win the bets. Sports betting also has risks and sometimes the teams lose even if their odds of winning are very high.
A few times gamblers face huge losses with their bets and it's better to do our own research about a team before placing any bets. I don't know if OP of the topic is still present on the forum or is interested in gambling but surely the gambling is a quite risky thing and a gambler can face huge losses if he/she gambles to earn money.
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Crypto gambling is without any doubt much more effective and more convenient for gamblers who value privacy and anonymity while gambling because not everyone wish their presence to be announced when gambling, some wish to gamble anonymously.
But like we already know everything has it's advantages and disadvantages, though as convenient and and effective as it is, the rate of transaction fees has proven to be one of the problems crypto gambling is currently facing.
There are online casinos that accept altcoins and stablecoins. Gamblers tend to use this deposit option to avoid spending too much on fees. As these deposit options are very common for most online casinos, I don't think that this can be treated as a problem or a disadvantage. It will only be a disadvantage if even though there are other alternative options, you still want to continue using BTC as your deposit to play online gambling.
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Before considering gambling hope is tokens you can risk you're planning to use because if use cryptocurrencies
That you would have just invest you might end up losing it all. So don't take gambling as job because i gambled most time using cryptocurrencies is very hard to stop that urge of betting. And I loss all the cryptocurrency I deposited so before thinking of betting do your own personal research first. I know is a quick way of making good funds is also a quick way of losing good funds.
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This is how effective it is that people gamble on cryptocurrencies. I can't really say how much it will benefit you. But I think it depends on how accurate your future prospects are. If you are affected here, it may cause you great financial distress. Sounds like a virtual casino to me. By which you are equally gambling with the other person or the robot. Although this topic is a bit different but those who are lucky can earn good amount from here as well.
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Gambling in crypto is a new experience for me now. If one is a freshman like me, it is good one can study and analyse lots of comments here to proceed with gambling. The process itself seems to be a bit complicated, cause there many windows, numbers, information popping up, but the interface is quite clear and user-friendly.
So, before u start to use it, make you own research, ask people here and enjoy! :D :D :D
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Dexsport is the gmbling crypto of my choice. They don't stop to improve the service, they are running always a step ahead! DESU-tokens cashback opportunity, broad variety of options for betting, transparent tracking-down! The platform without mandatory registration, verifications etc. Dexsport has no cashing-out limits. The blockchains reveal transparent system for easy tracking-down. Every player can plug-in through Web3 or without.
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Fixed-odds betting, no fixed minimum deposit, but opportunity to make one dollar crypto equivalent minimum bet. No welcome bonuses, but available option to get free tokens. Simple and smart interface, no problems with taking the cash won.
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For me the biggest attraction crypto gambling had was anonymity. KYC was not required, or at least I don't remember hearing anything about it around 2017 which was when I got into cryptocurrencies. Today it has lost quite a bit of that appeal, as there are few casinos left where at least theoretically according to their ToS they don't talk about KYC. Another attraction for many people is that it adds volatility, if you bet with a cryptocurrency and in addition to winning a jackpot the coin hits a spike in price you feel like winning a double jackpot, although the opposite can also happen, and to avoid that some people use stablecoins.
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The truth is whether you gamble in crypto or fiat, that doesn't change the fact that gambling is based on luck.
And I still don't understand when you said crypto gambling is more effective, is it that there's a guaranteed winning?
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Recently I have started to gamble with crypto, and other coins. Looking to speak with anyone who has had similar experiences. I find it much more effective than gambling with fiat. Let’s use this thread to discuss pros/cons and how us users can improve it!
Thanks!
I've learned quite a bit from friends and online communities. Stories of platforms disappearing overnight or failing to pay out winnings underscored the need for caution and due diligence.Through these conversations, I've seen the importance of a balanced approach to crypto gambling, recognizing it as part of a broader financial strategy rather than a quick fix. It's about understanding the risks, setting clear boundaries, and continuously learning and adapting as the crypto world evolves.
One of the pros is the anonymity and speed of transactions that cryptocurrencies offer. It’s quite liberating to move funds without the usual banking hassles. However, the lack of regulation and the permanence of transactions can be daunting. There’s no “bank” to call if something goes wrong, which means security of your digital wallet becomes paramount.
Another aspect to consider is the tax implications and legal status in your country. The regulatory environment for crypto is still evolving, and it can have significant implications for your winnings or losses.
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What do you mean by "effective" mate? I've gamble for years using crypto, and here's my thought:
Pros:
- Better privacy.
- Relatively cheap fees, depend on what coin you use. But the fees are still there, fee from market, gas/miner fees, casino withdrawal fees.
Cons:
- It can't be 100% free (0 fees).
For some casino, let's say BK8, fiat withdrawal is free. And bank transfer is free as well, so you can have 0 fee.
I think the only advantage crypto casino has over the normal physical/traditional casinos is the privacy that online casino offers to gamblers. And one thing we must really know is that privacy is only valuable to those who value it. For example the fun in the game could be that interaction that always goes on during a gambling session with friend and not even the game itself. For these set of persons, privacy isn't as valuable to them as it is to someone who hates crowds
And When you talk about less fees in o line casinos, I've been playing on physical casinos almost all my life and I've never paid a single fee to gamble before.
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The truth is whether you gamble in crypto or fiat, that doesn't change the fact that gambling is based on luck.
And I still don't understand when you said crypto gambling is more effective, is it that there's a guaranteed winning?
That's right, there is no difference between gambling using fiat or gambling using crypto. Whether you use fiat or crypto, gambling still depends on luck, I agree with what you say.
This actually comes back to our comfort, if we are more comfortable using fiat when gambling then use fiat, but if we are more comfortable using crypto then use crypto. I personally also use both when gambling, sometimes I use fiat, sometimes I use crypto.
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Recently I have started to gamble with crypto, and other coins. Looking to speak with anyone who has had similar experiences. I find it much more effective than gambling with fiat. Let’s use this thread to discuss pros/cons and how us users can improve it!
Thanks!
I am wondering if you mind sharing the platform you are using so we can check it OP. Does it supports Doge? What is the minimum deposit? I am happy to try though I am still thinking about gambling on Telegram bot I don't know if it is worth the penny for fun.
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Recently I have started to gamble with crypto, and other coins. Looking to speak with anyone who has had similar experiences. I find it much more effective than gambling with fiat. Let’s use this thread to discuss pros/cons and how us users can improve it!
Thanks!
I'm also new to gambling with crypto and find it pretty interesting. The transactions are fast and it feels more private than using traditional money. Would love to swap more tips and experiences with you on this!