Are you guys started to gambling with cryptos or fiat money? - page 3.

jostorres

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Quote from: fullhdpixel on August 30, 2019, 11:06:32 AM

I have had had a very amazing journey gambling with crypto and I am much impressed. From the opinion of everyone who have used fiat before bitcoin, I believe the difference between both is huge. It looks like cryptocurrency was a savior that came to safe gamblers from the bondage of fiat gambling and I can only imagine how gamblers coped with this fiat system during the age of fiat gambling because it is so obvious it was very stressful.

In my opinion, crypto gambling is very good but it still doesn’t justify the fact that gambling as a minor is to be celebrated. I am a strong advocate of gambling at a ripe age and its discouraging to see underage bet on casino sites because they know identity is hidden. This is the very reason I am strongly in support of KYC on gambling sites. I can’t wait for the time it will be made compulsory for all casino sites to make KYC registration a thing of utmost importance, lets wipe out every fraudulent activities from gambling and minors to stop gambling. I know anti KYC supporters are coming for me on this comment and I am ready to reply them all.

Cryptocurrency gambling is safer, quicker and more effective than fiat, I started way back with fiat but I have long upgraded.

GatotKaca

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Seabet.io | Crypto-Casino

Quote from: rdluffy on August 18, 2019, 07:41:44 AM

I started with fiat money, before cryptos, but only in sports bets, but after I found about cryptos I started to gambling in online casinos
And I prefer to bet with BTC, it's easier to play in any website I want

Before cryptos, it was hard to bet in my country because we have some strict laws against casinos and the IPs usually were blocked

I am less interested in the casino site, I prefer investing directly in BTC. indeed how to get everyone's income is different because it has the desired path of each. if I force myself to gamble in casinos that I am not good at, the results will also be useless.

fullhdpixel

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Quote from: guoyu78 on August 26, 2019, 09:50:13 AM

Quote from: mich on August 23, 2019, 10:54:28 PM

This is a very good question and I will be following this thread to see some responses
Since we all had fiat before BITCOIN I would imagine most 'gamblers' used fiat
But since this is BITCOIN 'gambling' the feedback might be skewed.
I was into fiat long before BITCOIN ever was around

You have been using fiat before bitcoin and yet didn’t give a single review on which is more preferable but here you are trying to watch feedback believing that most will be biased with sentiments, how unfair.

I just believe everyone is being honest with the comments, regardless that it is a bitcoin forum, the truth is, crypto made life easier for every user, whether in the gambling or trading world. It cannot be compared to the time of fiat when it was cumbersome. I am convinced that most old gamblers started with fiat, for me, in those days I started gambling, there was no such thing as Bitcoin and I am eternally grateful to BTC, it saved me from the horrors of gambling with fiat currency.

True. I barely have little to say about fiat gambling because I never gambled with fiat. I started gambling just 2 years ago and I started with cryptocurrency, bitcoin precisely.

I have had had a very amazing journey gambling with crypto and I am much impressed. From the opinion of everyone who have used fiat before bitcoin, I believe the difference between both is huge. It looks like cryptocurrency was a savior that came to safe gamblers from the bondage of fiat gambling and I can only imagine how gamblers coped with this fiat system during the age of fiat gambling because it is so obvious it was very stressful.

peter0425

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Quote from: BabyBoss on August 30, 2019, 04:49:53 AM

Quote from: rdluffy on August 18, 2019, 07:41:44 AM

I started with fiat money, before cryptos, but only in sports bets, but after I found about cryptos I started to gambling in online casinos
And I prefer to bet with BTC, it's easier to play in any website I want

Before cryptos, it was hard to bet in my country because we have some strict laws against casinos and the IPs usually were blocked

I try to gamble in crypto before but luckily I get a money to buy a new cellpone. Its really good to involve in here but not to be an addict in gambling. If you got luck its really good to be a winner. Just be controlled to your self and make it all positive so that you will win.

Well kinda off topic because the question is on what you started in gambling but not your experience on it

You are lucky that wins amount to buy cellphone but if you continue to play that time I’m sure even your capital will be lose

Anyway Congrats that you have bought a remembrance in your gambling venture here

Hypnosis00

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For the time that cryptos existed already, there is something we put into the curiosity of using this as another form of betting instead of fiat.
Honestly, I'm not really gambling before cause my age is not allowed to gamble but by using crypto, age doesn't matter as long as you know how to gamble and as long as you have money to bet.

Quote from: BabyBoss on August 30, 2019, 04:49:53 AM

I try to gamble in crypto before but luckily I get a money to buy a new cellpone. Its really good to involve in here but not to be an addict in gambling. If you got luck its really good to be a winner. Just be controlled to your self and make it all positive so that you will win.

Have this person the best example.

BabyBoss

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Quote from: rdluffy on August 18, 2019, 07:41:44 AM

I started with fiat money, before cryptos, but only in sports bets, but after I found about cryptos I started to gambling in online casinos
And I prefer to bet with BTC, it's easier to play in any website I want

Before cryptos, it was hard to bet in my country because we have some strict laws against casinos and the IPs usually were blocked

I try to gamble in crypto before but luckily I get a money to buy a new cellpone. Its really good to involve in here but not to be an addict in gambling. If you got luck its really good to be a winner. Just be controlled to your self and make it all positive so that you will win.

lixer

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Quote from: ?? on ??

Quote from: bitzizzix on August 25, 2019, 07:52:27 PM

I prefer to do gambling games always using fiat and I play with friends in card games.
but I also sometimes try to do gambling games using crypto and in my opinion it's a new thing because playing with people I don't know and finally I do it often.

That is great. Same here. I use fiat to gamble and this goes pretty good. Gambling is a risky game and gambling with your coins is more risky. It is important to hold your coins if you are able to make money by HODLING rather than gambling. IN gambling, it is either a win or loss but in hold, the market cycle adds value to your portfolio. I think it is easy to gamble with fiat.

Every gambling type involves risk, nothing makes gambling with fiat safer, what I lost when I was gambling with fiat is almost same as am loosing now using cryptocurrency. I would even say that is better to gamble with cryptocurrency because you will guide your coin jealously. For those of us using BTC to play we know the value and we will do everything to either win or play with less BTCs because of the few of losing.

It wasn’t so bad using fiat like many are saying but it’s just that crypto made gambling very fast and safe. Anonymity is still the biggest and greatest advantage cryptocurrency gambling has over fiat. Imagine people from countries where gambling is prohibited now gambling happily by hiding their VPN. This is a very good thing and it is commendable.

Vaculin

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Winding down.

Quote from: Janation on August 29, 2019, 09:54:28 PM

Quote from: Oasisman on August 29, 2019, 08:29:34 PM

I guess its fine gambling online using fiat only if youre using trusted and high ranked gambling websites. Gambling using crypto would be fine too, but there were also KYC verifications most specially if youre gambling with massive amount. Now, if you have high concern regarding the security of your idendtity, then use trusted and tested websites.

I think KYC doesn't depend on the amount you have.

There are a lot of gambling sites out there that don't really require KYC and even if you have a massive amount of money to gamble, you can do that without sending your information in their site. For me, it is better to gamble using cryptocurrency since you don't need to confirm it to the bank when you will be transacting it and no one will know that you are gambling your crypto.

Those sites who requires KYC suddenly when you win a big amount, they are a shady gambling sites, unless that's stated in their terms of service.
I know there are a lot of gambling in the space with big bankroll, and I haven't seen any scam accusation that was not solve on big and popular gambling sites, that means they are operating properly and they are keeping their reputation clean.

Janation

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Quote from: Oasisman on August 29, 2019, 08:29:34 PM

I guess its fine gambling online using fiat only if youre using trusted and high ranked gambling websites. Gambling using crypto would be fine too, but there were also KYC verifications most specially if youre gambling with massive amount. Now, if you have high concern regarding the security of your idendtity, then use trusted and tested websites.

I think KYC doesn't depend on the amount you have.

There are a lot of gambling sites out there that don't really require KYC and even if you have a massive amount of money to gamble, you can do that without sending your information in their site. For me, it is better to gamble using cryptocurrency since you don't need to confirm it to the bank when you will be transacting it and no one will know that you are gambling your crypto.

crwth

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Quote from: maydna on August 29, 2019, 09:22:13 PM

That will happen with offline gambling in one country because they need to obey the rule in that country. But for online gambling, the owner can search the hosting provider who doesn't have any limitations. I am sure they can find it easily so that they can start their business.

I wasn't aware that it's just going to be the hosting provider that needs to follow the rules when it comes with the gambling laws. Well, I take back what I said then regards to the online casinos that you need to consider the country. Great for them to be able to do that too.

Quote from: maydna on August 29, 2019, 09:22:13 PM

Thank you for referring me those links. I always interest in the investing section, and I will take a look later, and if I think it might be work for me, I will try to invest in that site later.

As long as you have the following BTC to invest in, why not? I think it would be a great venture when you try things out. The important thing is that you need to take care of the invested amount. You need to be able to continue living without risking other assets. The amount you are willing to lose.

maydna

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Quote from: crwth on August 28, 2019, 10:13:42 PM

Quote from: maydna on August 28, 2019, 08:24:54 PM

Yes, you are right. With help from the media, crypto gambling will attract in many countries, and that will make people want to try to playing gambling using cryptocurrency. I am sure that they can found a new passion for playing gambling with so many coins available in gambling places.

I would still think first about the availability and the legality of cryptocurrencies gambling in a certain country before marketing there. There might be legal concerns with new players coming from it or something.

That will happen with offline gambling in one country because they need to obey the rule in that country. But for online gambling, the owner can search the hosting provider who doesn't have any limitations. I am sure they can find it easily so that they can start their business.

Quote from: crwth on August 28, 2019, 10:13:42 PM

Quote from: maydna on August 28, 2019, 08:24:54 PM

People will find out that with the cryptocurrency, they can playing gambling and also they can investing in each coin so they can have the opportunity to make a profit. If we talk about investing, I think that will make people want to try too because they will see that investing in cryptocurrency can give them a passive income in the future.

A lot of new gambling sites have given the opportunities to invest in their site by giving a percentage towards what you invest. Upon checking the recent FAQ's in the MintDice Bitcointalk thread [1], there are a lot of opportunities to invest in them. I recently posted this one, and you could check it out. [2][3]

References

[1] - https://bitcointalksearch.org/topic/mintdice-bitcoin-casino-sportsbook-provably-fair-games-5152050
[2] - https://mintdice.com/guide/investing
[3] - https://bitcointalksearch.org/topic/mintdice-bitcoin-casino-sportsbook-provably-fair-games-5152050.msg52297648#msg52297648

Thank you for referring me those links. I always interest in the investing section, and I will take a look later, and if I think it might be work for me, I will try to invest in that site later.

Oasisman

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Quote from: Barracuda on August 29, 2019, 09:45:59 AM

Quote from: DoublerHunter on August 29, 2019, 08:42:04 AM

I'm afraid of online gambling using fiat because I don't want to involve my personal identity through my ATM or credit card that being use in having fund of betting.

This is what I fear too. Automatic if we use an ATM, surely in that case it uses our own. So our identity will be known. That's the difficulty of betting online using fiat. better to find a safe way to use crypto, which is now more widely used by everyone.

I guess its fine gambling online using fiat only if youre using trusted and high ranked gambling websites. Gambling using crypto would be fine too, but there were also KYC verifications most specially if youre gambling with massive amount. Now, if you have high concern regarding the security of your idendtity, then use trusted and tested websites.

undergroundartpal

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Quote from: undergroundartpal on August 29, 2019, 09:54:13 AM

I've always gambled with fiat. I wish the more casino-like sites (more than just dice, etc.) were available to Americans.

I also like to gamble with fiat because for me fiat is good to use for gambling. Crypto should not be wasted for gambling crypto is only beneficial to hold than to use and gaming is good to use for flat only we cannot get profit from holding our fiat but holding crypto is best use both hold crypto and gamble with fiat.

That's true. I suppose you already gamble enough by just holding your assets in crypto with how volatile the market can be sometimes. Cheesy

cabalism13

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Quote from: ?? on ??

I also like to gamble with fiat because for me fiat is good to use for gambling. Crypto should not be wasted for gambling crypto is only beneficial to hold than to use and gaming is good to use for flat only we cannot get profit from holding our fiat but holding crypto is best use both hold crypto and gamble with fiat.

Sometimes it's not being wasted, besides their are some gambling sites who does gives some.benefit when you actually use crypto as your betting money just like on freebitco.in I'd been playing that game for already half a year now...
But I, too can also say that playing with real money comes with the best experience, but only on real casino and not online I suppose?

qwertyup23

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Quote from: lienfaye on August 28, 2019, 06:53:29 PM

I started to gamble using fiat. That's how I learn to play different gambling games especially card games like poker.

When I became aware of crypto existence particularly btc I tried to gamble online and its interesting too just like in physical gambling.

But I never tried using fiat in online casinos.

Well they are actually the same but gambling in fiat provides you the flexibility and an array of choices among gambling sites present on the internet. On the other hand, gambling with cryptocurrency may be convenient, but I find it a waste to risk such precious resource in the market. Instead of gambling using bitcoins, I view them as investments and I invest them instead via short-term profits on day trading.

Quote from: ?? on ??

Quote from: undergroundartpal on August 29, 2019, 09:54:13 AM

I've always gambled with fiat. I wish the more casino-like sites (more than just dice, etc.) were available to Americans.

I also like to gamble with fiat because for me fiat is good to use for gambling. Crypto should not be wasted for gambling crypto is only beneficial to hold than to use and gaming is good to use for flat only we cannot get profit from holding our fiat but holding crypto is best use both hold crypto and gamble with fiat.

Precisely. Gambling with cryptocurrencies are relatively more expensive compared to fiat as they are limited currencies. Expect their value to skyrocket once their supply decreases while their demand increases. Gambling with fiat gives you the flexibility and freedom to gamble anywhere since there is also an option to purchase cryptocurrencies in some gambling websites.

Chrystora123

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Omicron is another FUD

the first time I knew gambling, I only used fiat money (2013 - 2016)... before getting to know crypto and actively betting on crypto gambling sites, I was already a member of Betfair and actively bet there, but I stopped betting there because there was a problem with my withdrawal and their customer service at that time was not friendly to me.

undergroundartpal

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I've always gambled with fiat. I wish the more casino-like sites (more than just dice, etc.) were available to Americans.

Barracuda

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Quote from: DoublerHunter on August 29, 2019, 08:42:04 AM

I'm afraid of online gambling using fiat because I don't want to involve my personal identity through my ATM or credit card that being use in having fund of betting.

This is what I fear too. Automatic if we use an ATM, surely in that case it uses our own. So our identity will be known. That's the difficulty of betting online using fiat. better to find a safe way to use crypto, which is now more widely used by everyone.

DoublerHunter

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I never gambled in online using fiat but with it comes to my friends and neighbors we do always betting on NBA matches. I'm afraid of online gambling using fiat because I don't want to involve my personal identity through my ATM or credit card that being use in having fund of betting. Nevertheless, the time comes I found out cryptocurrency and discover online gambling like dice and betting online, then, it is started for me to gamble using crypto's in the year 2016 when I started using cryptos also.

imstillthebest

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You can use ip changer or VPN to unblock websites . There are so many free vpns and tools to give you anonymity so that you can access any websites around the world . If they ban local ip's , did they also ban local gambling ? But you said your betting on sports before ? Hows that possible ? Hmmm but before I forgot , i only started to gamble online using cryptos specifically btc because I'm afraid to play gambling before due to my parents restrict me

Topic: Are you guys started to gambling with cryptos or fiat money? - page 3. (Read 1271 times)