Pages:
Author

Topic: Bitcoin and casinos - page 3. (Read 4147 times)

legendary
Activity: 2604
Merit: 2353
October 27, 2019, 11:28:08 AM
Well i can say bitcoin and casino are much related, in internet i see lots of online casino which offer crypto services, you can play and and bet using crypto currencies, and i personally experience playing in some casino site well there are some articles that state's some casino sites are scam but thankfully i pick a legit one but even i have fun playing because of i can play anywhere and anytime, i get addicted and later on stop or not totally stop but less the frequency of playing, because it affect much on my profits and studies.
You are a little bit off topic, the OP was talking about using btc to gamble in brick and mortar casinos, not on line. IMO I think we'll have to wait several years from now to be able to gamble in btc in real casinos. But it will be a great move.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
October 27, 2019, 06:23:38 AM
~
I've never been to Vegas myself, but I've heard stories from people that were there couple of years ago. It's from them I learned about the common misconception regarding the average crowd in Las Vegas. Going there they were expecting to see what they saw in the movies, the elite, the crème de la crème. But in reality they were constantly encountering people who were looking more like rednecks and such

And you know what that means?

That Las Vegas is extremely overhyped, while its appeal and public perception blown completely out of proportion! Okay, with Las Vegas done and out of the picture, what can you say about the Monaco casinos (of the Monte Carlo fame)? Here we should definitely meet the crème de la crème of the gambling world and financial elites as it literally refers to the French origin of the term (with French being the official language there). In short, do Texan rednecks and their European peers frequent those casinos too? Can't believe that!
~

I think you are right, the Monte Carlo Casino is different. However hard I tried, I couldn't manage to find any evidence that the most players there are not rich. Average Joes do visit the place, but mostly as tourists, paying 17 EURO for entry, walking around, making photos, making several bets at most, just for the record, and leaving.

So, returning to where we started, the cashier of the Monte Carlo Casino should rather be accepting BTC, because it is very likely that a big part of the players there have it, and would love to have the opportunity of exchanging it for casino chips. I read that "the cashier exchanges any currency" in the Monte Carlo Casino. So, why not Bitcoin then?
legendary
Activity: 2436
Merit: 1104
October 27, 2019, 06:19:17 AM
Well i can say bitcoin and casino are much related, in internet i see lots of online casino which offer crypto services, you can play and and bet using crypto currencies, and i personally experience playing in some casino site well there are some articles that state's some casino sites are scam but thankfully i pick a legit one but even i have fun playing because of i can play anywhere and anytime, i get addicted and later on stop or not totally stop but less the frequency of playing, because it affect much on my profits and studies.

what do casino and bitcoin have in common/related/alike? the only reason why bitcoin is such a hit in online casinos is because
of its convenience and is accessible even to countries  where gambling is illegal. also the OP is not talking about online casinos.
you should really read the OP before posting anything to avoid posting off-topic stuffs.
full member
Activity: 742
Merit: 160
October 27, 2019, 03:49:04 AM
Well i can say bitcoin and casino are much related, in internet i see lots of online casino which offer crypto services, you can play and and bet using crypto currencies, and i personally experience playing in some casino site well there are some articles that state's some casino sites are scam but thankfully i pick a legit one but even i have fun playing because of i can play anywhere and anytime, i get addicted and later on stop or not totally stop but less the frequency of playing, because it affect much on my profits and studies.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
October 26, 2019, 09:31:53 PM
-snip-
It’s been answered below you that in LAS VEGAS casinos are accepting bitcoin ,but I think to buy chips only and not literally bitcoin as instant bet in games
It's mean the casino accepting bitcoin to buy the chips at the day rate (commonly they use coingecko for the btc rate),
We can not play with bitcoin, we need the chip on the table.

But I'm not sure how long they will get the chips after transferring btc, as we know some platform will accept the payment after 1 confirmation, and 1 confirmation will take 20-60 minutes.
The idea of using bitcoin in games is great but in gambling is painful. It is like someone is just throwing away his bitcoins. It would be much better to spend those coins that are planned to be used for such risky game in charity so that at least the holder will help some poor soul. Instead of wasting time here, it would be much beneficial to do bitcoin trading and make good amounts of money.

That is what I think for the first time I gamble, but later, after I found dogecoin can be used in gambling, I try to use dogecoin than bitcoin. And I like it. I don't have to use a big satoshi to gamble, but I use dogecoin, which can minimize the amount of satoshi in bitcoin. Using 0.005 btc for buying dogecoin will give us a lot of amount of dogecoin, so I can use it for gambling for at least a week, depending on my bet.

Using bitcoin for trading will be a great idea than to use as the bet because, as you said, we can make a profit in bitcoin. The profit in bitcoin can be used to trade for another coin, or we can convert into fiat.
hero member
Activity: 2926
Merit: 567
October 26, 2019, 07:27:28 PM
I have worked for a few years in a casino and I couldn't help but imagine that people should be able to gamble with bitcoin.

Is it already happening? - I don't mean on the internet

And do you think this will be future of casinos?

This is definitely going to be the future of the casinos online and offline, and it's actually happening some Crypto investors are also gambler and prefer to play on gambling casinos that accept Cryptocurrency whether it is online or offline.
I believe gambling is the first industry to fall because it is easy to integrate it, gamblers can track their payment and withdrawal and so are the casino operators.
STT
legendary
Activity: 4102
Merit: 1454
October 26, 2019, 05:59:13 PM
And do you think this will be future of casinos?

Its not the future its the present, where Bitcoin helps makes gambling easier it can be expected to expand but that doesnt mean there isnt a continuing reason to have conventional gambling using FIAT or a variety of currencies.
   I think the velocity of currencies is raising over time across the globe, it will peak at some point and settle down but meanwhile this atmosphere favours crypto as a means of fast payment without red tape, various costs.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
October 26, 2019, 04:56:09 PM
Most casino gambling sites have applied bets using bitcoin and of course this service is connected to the internet network. there may already be a number of casino gambling venues that can accept bets using bitcoin directly and of course casinos must provide bitcoin properties like existing casino gambling games, because after all bets using bitcoin must be connected to an internet connection.
Given that it requires an internet connection but he's not directing to the online crypto casinos that are obviously accepting bitcoin. He's asking into those casinos that are established locally that are accepting bitcoin.

Like, you can gamble with their slots machine with bitcoin. I haven't seen the process but as been said, this is happening in Las Vegas and probably somewhere else.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
October 26, 2019, 08:51:50 AM
-snip-
It’s been answered below you that in LAS VEGAS casinos are accepting bitcoin ,but I think to buy chips only and not literally bitcoin as instant bet in games
It's mean the casino accepting bitcoin to buy the chips at the day rate (commonly they use coingecko for the btc rate),
We can not play with bitcoin, we need the chip on the table.

But I'm not sure how long they will get the chips after transferring btc, as we know some platform will accept the payment after 1 confirmation, and 1 confirmation will take 20-60 minutes.
The idea of using bitcoin in games is great but in gambling is painful. It is like someone is just throwing away his bitcoins. It would be much better to spend those coins that are planned to be used for such risky game in charity so that at least the holder will help some poor soul. Instead of wasting time here, it would be much beneficial to do bitcoin trading and make good amounts of money.
sr. member
Activity: 1792
Merit: 264
October 25, 2019, 02:47:50 PM
I have worked for a few years in a casino and I couldn't help but imagine that people should be able to gamble with bitcoin.

Is it already happening? - I don't mean on the internet


Most casino gambling sites have applied bets using bitcoin and of course this service is connected to the internet network. there may already be a number of casino gambling venues that can accept bets using bitcoin directly and of course casinos must provide bitcoin properties like existing casino gambling games, because after all bets using bitcoin must be connected to an internet connection.
hero member
Activity: 728
Merit: 1006
BountyPortal Supporter & Hhampuz is my manager
October 25, 2019, 11:27:35 AM
-snip-
It’s been answered below you that in LAS VEGAS casinos are accepting bitcoin ,but I think to buy chips only and not literally bitcoin as instant bet in games
It's mean the casino accepting bitcoin to buy the chips at the day rate (commonly they use coingecko for the btc rate),
We can not play with bitcoin, we need the chip on the table.

But I'm not sure how long they will get the chips after transferring btc, as we know some platform will accept the payment after 1 confirmation, and 1 confirmation will take 20-60 minutes.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
October 25, 2019, 07:31:18 AM

Of course I know that questioning my own opinion is always healthy. So, if you have some reliable sources telling that the majority of the visitors of Las Vegas-style casinos are very rich people, or "crème de la crème", as you put it, I'd love to see them

What do they say, seeing is believing? Have you been to Vegas?

I've never been to Vegas myself, but I've heard stories from people that were there couple of years ago. It's from them I learned about the common misconception regarding the average crowd in Las Vegas. Going there they were expecting to see what they saw in the movies, the elite, the crème de la crème. But in reality they were constantly encountering people who were looking more like rednecks and such

And you know what that means?

That Las Vegas is extremely overhyped, while its appeal and public perception blown completely out of proportion! Okay, with Las Vegas done and out of the picture, what can you say about the Monaco casinos (of the Monte Carlo fame)? Here we should definitely meet the crème de la crème of the gambling world and financial elites as it literally refers to the French origin of the term (with French being the official language there). In short, do Texan rednecks and their European peers frequent those casinos too? Can't believe that!

Also, I've found an article on Quora with street photos and one pic inside a casino, from which you can get an impression on how the average visitors look in Las Vegas. Here's a quote from the article:

Your impression of Las Vegas must come from TV & the movies only. If you’d ever been to Las Vegas, you’d know that most of the tourists there are not rich

Maybe, all these crowds of tourists are only eyeing the rich dudes there (with their eyes wide shut, of course)
sr. member
Activity: 2618
Merit: 439
October 25, 2019, 07:29:15 AM
yes several casinos In Las Vegas now accept Bitcoin.  I have also seen where some let you cash in Bitcoin for US dollar. Then at the end of the night purchase Bitcoin with the money you won!  I don't think bitcoin is wide spread enough yet for them to make there own tables slots an etc. Bitcoin is slow when it comes to transactions If i was to build some type of electronic gaming I would build it on Tron. It is cheap and super fast!!!!
At least Vegas now is really into crypto as I heard tons of bitcoin ATM spreads the whole casino places?but if I am to choose?i rather use Doge than bitcoin because it’s more cheaper specially when Hype is happening in bitcoin
I don't know some place where you can play gambling using bitcoin than playing gambling online through the use of bitcoin. I only see people plays gambling using their bitcoin is just by online gambling and also online casinos etc. I think the reason why people choose this because this is more convenient and hassle free to go on an live casinos. If there is some casinos that uses bitcoin in gambling using live casinos kindly please correct me thanks.
It’s been answered below you that in LAS VEGAS casinos are accepting bitcoin ,but I think to buy chips only and not literally bitcoin as instant bet in games
full member
Activity: 1036
Merit: 144
Penguin Party 🐟
October 25, 2019, 03:40:00 AM
yes several casinos In Las Vegas now accept Bitcoin.  I have also seen where some let you cash in Bitcoin for US dollar. Then at the end of the night purchase Bitcoin with the money you won!  I don't think bitcoin is wide spread enough yet for them to make there own tables slots an etc. Bitcoin is slow when it comes to transactions If i was to build some type of electronic gaming I would build it on Tron. It is cheap and super fast!!!!
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
October 25, 2019, 01:26:56 AM

Gladly, here, we can found many recommended gambling websites, so we don't have to worry about the bad platform. All we need to worry about is how we can manage our money, so we don't lose all the money at once.
As far as I know, the forum doesn't moderate scam platforms, we must carefully with some casinos offered at these forums.
Jollygood is my favourite catcher in revealing a scam platform with solid proof to do so.
The reason why I always checked in the scam accusation board to get some information there regarding scam project and gambling site as well. Yes, that member is very active in catching and revealing scam online casinos. We're glad that we had a member on this forum spending effort to reveal an unprofessional or scammy casino gambling company.  Once you are here in forum choosing a good gambling platform there is the assurance that you are safe from a scam. Be responsible for checking their platform before depositing some amounts.
hero member
Activity: 728
Merit: 1006
BountyPortal Supporter & Hhampuz is my manager
October 25, 2019, 01:17:09 AM

Gladly, here, we can found many recommended gambling websites, so we don't have to worry about the bad platform. All we need to worry about is how we can manage our money, so we don't lose all the money at once.
As far as I know, the forum doesn't moderate scam platforms, we must carefully with some casinos offered at these forums.
Jollygood is my favourite catcher in revealing a scam platform with solid proof to do so.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
October 21, 2019, 11:00:51 AM

Of course I know that questioning my own opinion is always healthy. So, if you have some reliable sources telling that the majority of the visitors of Las Vegas-style casinos are very rich people, or "crème de la crème", as you put it, I'd love to see them

What do they say, seeing is believing? Have you been to Vegas?

I've never been to Vegas myself, but I've heard stories from people that were there couple of years ago. It's from them I learned about the common misconception regarding the average crowd in Las Vegas. Going there they were expecting to see what they saw in the movies, the elite, the crème de la crème. But in reality they were constantly encountering people who were looking more like rednecks and such.

Also, I've found an article on Quora with street photos and one pic inside a casino, from which you can get an impression on how the average visitors look in Las Vegas. Here's a quote from the article:

Your impression of Las Vegas must come from TV & the movies only. If you’d ever been to Las Vegas, you’d know that most of the tourists there are not rich ...

I know it still proves nothing. But what I failed to find is a single article telling that only rich people visit Las Vegas.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
October 21, 2019, 12:27:29 AM
With support from internet access, people don't have to worry about joining online gambling, and they can use VPN if their country blocked the connection. People now still use the traditional casino, and they still use fiat because the casino was not integrated their payment into bitcoin.
But they must worry with bad platform.
This is online world, at one side you will allow to joining the online casinos. easy access to playing the game, etc.
But at other side, the bad casinos will scamming you and freezing your money, especially if you have big money at your account.

Yes, we need to search the recommended gambling site so we can avoid the scamming. We don't want to see our money will disappear in the gambling website. Gladly, here, we can found many recommended gambling websites, so we don't have to worry about the bad platform. All we need to worry about is how we can manage our money, so we don't lose all the money at once.
legendary
Activity: 2604
Merit: 2353
October 20, 2019, 05:10:08 PM
I have worked for a few years in a casino and I couldn't help but imagine that people should be able to gamble with bitcoin.

Is it already happening? - I don't mean on the internet

And do you think this will be future of casinos?
Yes I think Bitcoin is the future of casinos but the future of the online casinos, not the brick and mortar ones. Because Bitcoin brought the provably fair concept. And with that players can now trust the game and not being scammed by shady tricks. So it's a real breakthrough for the casino and gambling world.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
October 20, 2019, 02:21:47 PM
~

Was it Mark Twain who said that there are three kinds of lies?

Namely, lies, damned lies, and statistics. And since the intensity seems to be rising from left to right, we must assume that statistics are the most insidious and treacherous form of lies, even more damned than the most damned of all lies.~

Mark Twain was living in 19th century. Stats back then and today are two different things. Newsmen in 19th century often presented their lies as statistics because there was no way to check the facts. If, living in the 21st century, someone doesn't believe in statistics, he/she is pretty close to flat-Earthers, imo. It's a dangerous way to live, if you ask me

Was that actually intended as a piece of irony or sarcasm?

Or do you really believe that today's newsmen are less immoral that their colleagues from the 19th century? The problem is not with stats as such but how you interpret them. In this particular case, when you see that 40M people visited casinos, you come to think that these are all different people. But we don't know that for sure, and thus can misinterpret these stats in every possible way. That was Mark Twain's point as I see it, that the same stats can be explained and understood in quite polar ways

The vast majority of Las Vegas visitors are middle-class customers, and although some of them still can be well educated, most of them are definitely not

In fact, I heard that narrative many years ago, that the majority of money comes from simple folks. But that must be an urban legend, myth, or something to that effect

C'mon! You are an economist, and you don't know that the majority of money comes from simple folks? I just can't believe that! I've been admiring your posts here since 2015. It's unbelievable what people can say in attempts of winning an argument

Actually, a wealth distribution chart typically reveals a completely different picture

Of course I know that questioning my own opinion is always healthy. So, if you have some reliable sources telling that the majority of the visitors of Las Vegas-style casinos are very rich people, or "crème de la crème", as you put it, I'd love to see them

What do they say, seeing is believing? Have you been to Vegas?
Pages:
Jump to: