Bitcoin as an electronic currency, can it be use for bet gambling

ethereumhunter

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Quote from: Cryptomultiplier on September 20, 2022, 03:59:24 PM

I didn't need to read further to be able to make an input. Bitcoin has advanced over the years to have dominated the betting sector. Once one is able to, open and verify a cryptocurrency wallet, acquire some coins, then the next is to find a suitable site probably licensed to avoid scams, make your deposit, select your choice game and also minding the value, one can rest assured play a bet gamble.

There exist other bookmakers who offer gambling services using Bitcoin. Like the sportsbook options. For more information on a sportsbook option which supports this can be learnt by visiting the link above. Always DYOR!

https://sportslens.com/sportsbooks/bitcoin/

And we who are on this forum are very lucky because we can find a casino with a license, a good reputation, trust, and good service. Using bitcoin cannot only be used to place bets, but we can also use it for other things, so it will actually depend on what we want to use it for.

And yes, we should always look for a casino that suits us so that we can be comfortable playing gambling in that casino. Never follow the advice of others before we can research individual casinos.

Oshosondy

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Quote from: Rruchi man on September 18, 2022, 12:47:28 PM

You can fund your sport bet account with bitcoin if the betting provider includes that option as a funding option for your account, but if you are not disciplined as you know yourself well, try not get too conversant with this and stick to regular funding via your local currency as you can directly put the bitcoins you are wanting to hodl at risk of being tamparerd with constantly by you in a bid to fund your betting account.

It only requires discipline. Who that would touch his bitcoin which he supposed to be holding would also touch his fiat that he is saving. Assuming I have fiat, I can easily convert it to bitcoin and send the bitcoin to the casino site I am using.

What is required is discipline while gambling and this what you are talking about is more related to gambling responsibly and not to be addicted.

Only what I see about bitcoin is that its price is volatile but that should not be an issue in a time like this when there has been so much bear market, only bull market is what we are expecting, anyone that gamble now and hold the coin would profit more during bull market. Provided if the coin is not lost during gambling.

Cryptomultiplier

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I didn't need to read further to be able to make an input. Bitcoin has advanced over the years to have dominated the betting sector. Once one is able to, open and verify a cryptocurrency wallet, acquire some coins, then the next is to find a suitable site probably licensed to avoid scams, make your deposit, select your choice game and also minding the value, one can rest assured play a bet gamble.

There exist other bookmakers who offer gambling services using Bitcoin. Like the sportsbook options. For more information on a sportsbook option which supports this can be learnt by visiting the link above. Always DYOR!

https://sportslens.com/sportsbooks/bitcoin/

dunfida

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Quote from: 348Judah on September 20, 2022, 02:16:39 PM

Quote from: Ethan151 on September 17, 2022, 11:35:56 AM

As an electronic currency, I will like to know if bitcoin can be use in sport betting,

I think OP needed to understand that nothing like bitcoin an electronic currency, it is called a digital currency and it's beennused in playing bets, when you look at the recent casinos, there you will discover that they have varieties of digital currency their site accepts and you will evennhave your own centralized wallet address they will generate for you after signing up with them, some have the option for fiat as well while you can buy crypto or deposit it to your casino wallet address to enjoy playing games same way you could make withdrawal, i think OP should also just give a try and sign up for one of the ones here on the forum to understand better.

He do clearly still lacks ample knowledge and even with the basics on how BItcoin works or how its been applied and its integration as a payment option specially on crypto space.If we do tend to look around then

here on crypto market where every gambling site exist does accept bitcoin which means that it is really just a standard and even having alternative payment options like accepting alts or even fiat ones.

OP should give at least some small time on making himself aware nor even know about basic concepts and applications of Bitcoin.

348Judah

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Quote from: Ethan151 on September 17, 2022, 11:35:56 AM

As an electronic currency, I will like to know if bitcoin can be use in sport betting,

I think OP needed to understand that nothing like bitcoin an electronic currency, it is called a digital currency and it's beennused in playing bets, when you look at the recent casinos, there you will discover that they have varieties of digital currency their site accepts and you will evennhave your own centralized wallet address they will generate for you after signing up with them, some have the option for fiat as well while you can buy crypto or deposit it to your casino wallet address to enjoy playing games same way you could make withdrawal, i think OP should also just give a try and sign up for one of the ones here on the forum to understand better.

SirLancelot

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Quote from: noormcs5 on September 19, 2022, 05:10:05 AM

Quote from: Ethan151 on September 17, 2022, 11:35:56 AM

As an electronic currency, I will like to know if bitcoin can be use in sport betting, apart from using your local currency, can I found my sport bet account using bitcoin.

I think you are new to bitcoin and crypto currencies. We are alrea using bitcoin and other altcoins to place bets on sports. Here in the gambling section, you will find many sites which offers gambling and betting using bitcoins. You can check out stake.com as there are vast variety of sports betting options there.

Stake is one of the most popular and most trusted gambling site in the forum but I am not sure if their sports betting platform are great as the other site which are mostly dedicated for sports betting like Sportsbet, nitrogen sports and similar but I am aware that stake has a vast variety of cryptos right now including bitcoin of course. Bitcoin is always there on most betting sites because this is the is the symbol of cryptos and blockchain.

I think stake do also support local currencies and bank transfers, perfect for those who are new in to the crypto scene. They can easily switch between those currencies if they are not confident with the other.

Queentoshi

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Quote from: Ethan151 on September 17, 2022, 11:35:56 AM

As an electronic currency, I will like to know if bitcoin can be use in sport betting,

It's a yes to me, many other uses of bitcoin have been fashioned out since the start of bitcoin even more than what could have been previously conceived, so it should definitely have a usage in sports betting. Just also as some of the other uses of bitcoin became popular, so will people become more familiar with using their bitcoins for sports betting purpose.

gagux123

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Quote from: Ethan151 on September 17, 2022, 11:35:56 AM

As an electronic currency, I will like to know if bitcoin can be use in sport betting, apart from using your local currency, can I found my sport bet account using bitcoin.

Yes, absolutely!!
For these and other reasons Bitcoin is an excellent asset! (cryptoasset)

You can certainly use Bitcoin as a payment method to be able to bet and use in online casinos
I don't know if you already know, but it is also possible to use other cryptocurrencies within these casino platforms

EarnOnVictor

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Quote from: ?? on ??

Where do you get that 3 years as sports accepting crypto because I’ve been betting on cloudbet and directbet since 2016 using Bitcoin at that time. I don’t know if you are aware that there’s already sportsbook available before that is not part of the well known casino right now. They just all gone during 2017 to 2018 bear market that forced them to be closed due to low activity in crypto. Only cloudbet is the only sportsbook that I’m playing before that still operating right now and the rest is just a casino out there that just upgrade now and add sportsbook to there casino.

But before there’s a lot of website that offers only crypto sportsbook.

All these epistles are not necessary if you read what I wrote attentively, next time read with understanding. I wrote "over 3 years ago," which was when I had the first experience of crypto acceptance in sports betting. Should I write what I did not experience in 2016? Also, is 2016 not "over the 3 years" I mentioned, or what are you even saying? Next time, reply with meaning after understanding clearly what the other party is referring to. It's obvious you replied in haste.

Viscore

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Quote from: Upgrade00 on September 17, 2022, 11:42:23 AM

Bitcoin is quite common for use on sport betting platforms.
There are so many casino games out there which use Bitcoin as well as some other cryptos to facilitate bets.

Head over to the gambling section and you will find a number of such platforms there.

Bitcoin has been used already in sports betting, and if you are a gambling fanatic, you will discover that gamblers has been using it for long not just in sports betting but in other gambling games as well. Though most of them are still paid in fiat, but if you try to visit in most of casinos, they are actually accepting bitcoin for sports betting.

bitzizzix

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Quote from: Ethan151 on September 17, 2022, 11:35:56 AM

As an electronic currency, I will like to know if bitcoin can be use in sport betting, apart from using your local currency, can I found my sport bet account using bitcoin.

If I see from the moment you signed up to this forum and your posts, it looks like you are very familiar with bitcoin or other cryptocurrencies and even you know that bitcoin can be used as a payment method for the ever-expanding online gambling bets.
and I'm sure you must have wandered in this forum because everyone will do it because they want to know all the contents. And I'm sure you also know the answer to your question, and my answer is very "can" bitcoin can be used as a payment method for gambling bets as they say.

X-ray

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Quote from: Ethan151 on September 17, 2022, 11:35:56 AM

As an electronic currency, I will like to know if bitcoin can be use in sport betting, apart from using your local currency, can I found my sport bet account using bitcoin.

I think that can be found easily. You can try to take a look at my signature. You can use so many altcoins on that site. If you wanna try to find another sites and then just try to go to the others signature as well. People understand so well about what you are looking for.
This time almost all of sites are accepting crypto as a part to play the game.

Gozie51

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Quote from: Ethan151 on September 17, 2022, 11:35:56 AM

As an electronic currency, I will like to know if bitcoin can be use in sport betting, apart from using your local currency, can I found my sport bet account using bitcoin.

At this time casinos will always move with the current trend because they want to outshine the other with better services for their customers so that they won't have to look the othe casino. Regarding the sport betting, you can check a casino that allows sport betting because they will bet with bitcoin also. Apart from casinos, every other businesses these days include bitcoin to payment and deposit and more to it is that etheruem, USDT also come to the party.

Razmirraz

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Quote from: Ethan151 on September 17, 2022, 11:35:56 AM

can I found my sport bet account using bitcoin.

On which site you registered. ?

Bitcoin is very commonly used on trusted gambling sites on forums, you can place any bet there because the services provided allow you to place bets using Bitcoin. Go to some sites that you like, then register your account there to get the account you want.

As a complementary note, avoid sites that are considered scams on forums such as 1xbit because the risk of losing your account balance is very large on these sites.

qwertyup23

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Quote from: aioc on September 19, 2022, 03:33:03 AM

Quote from: Ethan151 on September 17, 2022, 11:35:56 AM

As an electronic currency, I will like to know if bitcoin can be use in sport betting, apart from using your local currency, can I found my sport bet account using bitcoin.

That's the easiest to do, all casinos listed in the gambling section use Bitcoin, if you're a big bettor and you want to compile a list then go check the top casinos like Duelbits, Betcoin.ag, Stake.com I may be biased but do look for casinos that have established their reputation here, no legit complaint with an ongoing campaign, don't just sign up without taking a day or two to check the strong points and the weak points of casinos that you want to play, every casinos somehow have difference, you will feel at home on some casinos.

As far as I know, the emergency of electronic gambling has provided all means and currencies available in order for the person the bet. They made it so convenient that they even accept cryptocurrencies as one of their alternative payments.

The fact that there are also cryptocurrencies who focus on betting on the latter which also provides payout in cryptocurrencies mean that BTC has evolved as a means of payment not only for services or products, but also for recreational activities such as gambling.

coin-investor

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Quote from: Ethan151 on September 17, 2022, 11:35:56 AM

As an electronic currency, I will like to know if bitcoin can be use in sport betting, apart from using your local currency, can I found my sport bet account using bitcoin.

I think you're new here because if you're not, then you'll know that all casinos here in the gambling section use Bitcoin as their primary currency, you did not mention casinos where you have an account too, just take time and make sure that you picked the right casino to play as your first casino and start with the best ones like Stake, Duelbits also check the scam section for casinos that are not paying anymore, the thing is to keep yourself safe by joining reputable casinos.

YOSHIE

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Quote from: Ethan151 on September 17, 2022, 11:35:56 AM

can I found my sport bet account using bitcoin.

What sports betting account do you mean....!

You can't find a betting account before you register on a sports gambling site, you first register on a sports betting site automatically you can find your account, of course you can immediately place a bet.

If you ask for a sports betting site then you will be facilitated, to make it easier for you in your search, just click on the signature section of your thread, look at the user profile written sports, click directly you enter the website.

keep in mind, 100% sports betting sites on this forum, all deposit and withdrawal methods use Bitcoin.

Doell

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I think You're in the right place, Bitcoin has long been a part of sportsbook gambling, and also my knowledge Bitcoin first cyrptocurrencies to be in gambling industry. You can find sports betting in the gambling board, or you can find by looking at some of the community posts. My only suggestion is that you have to play on a trusted site @OP !

CoinEraser

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Yes, today there are many casions in which to bet with bitcoin. This has really changed for the better in recent years. In the beginning there was no casino that accepted bitcoin. The only side that existed was satoshi dice. There you could already play with bitcoin in the early years. But that was a long time ago. The site as i knew it no longer exists. But there I played with bitcoins for the first time. Wink

noormcs5

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Quote from: Ethan151 on September 17, 2022, 11:35:56 AM

As an electronic currency, I will like to know if bitcoin can be use in sport betting, apart from using your local currency, can I found my sport bet account using bitcoin.

I think you are new to bitcoin and crypto currencies. We are alrea using bitcoin and other altcoins to place bets on sports. Here in the gambling section, you will find many sites which offers gambling and betting using bitcoins. You can check out stake.com as there are vast variety of sports betting options there.

Topic: Bitcoin as an electronic currency, can it be use for bet gambling (Read 490 times)