Topic: Bitcoin-instant credit?? - page 2. (Read 706 times)
I don't think there is a gambling site that has Bitcoin instant credit since it is prone to exploitation especially if your wallet has a replaced by fee feature like Electrum wallet. Most of them needs 1 confirmation which is around 5-10 minutes for higher fee.
I knew Bitsler offer non confirmation instant deposit and some other Casino usually credit the balance even if the transaction is unconfirmed since they can freeze the account or disable the withdrawal of the account with unconfirmed deposit to counter double spending. Double spending is not a problem any on Centralized business like exchange and casino because they have security defense to counter this kind of fraudulent activity.
Afaik, Double spending is quite rare or non existing issue anymore on Bitcoin network. Maybe on other cryptocurrency blockchain.
and indeed that there is no double spending now that happens if we are talking about bitcoin network.
This can be easily reinforced if the user and casino accept Litecoin which most of the reputable ones do accept it.The confirmations of Litecoin are much faster and the risk of double spending is almost nonexistent here as even if the players loses money fast and want to use some kind of "cheating like trying the well known attacks when we have 0 confirmations" with Litecoin you already should have a few confirmations much faster compared to Bitcoin.
This is something that can be implemented for the casinos which don't have it as an option,to just allow Litecoin instant credit as a beginning.
I knew Bitsler offer non confirmation instant deposit and some other Casino usually credit the balance even if the transaction is unconfirmed since they can freeze the account or disable the withdrawal of the account with unconfirmed deposit to counter double spending. Double spending is not a problem any on Centralized business like exchange and casino because they have security defense to counter this kind of fraudulent activity.
Afaik, Double spending is quite rare or non existing issue anymore on Bitcoin network. Maybe on other cryptocurrency blockchain.
and indeed that there is no double spending now that happens if we are talking about bitcoin network.
I knew Bitsler offer non confirmation instant deposit
I have been using the site and it's not the same as my experience. Even on XRP deposits, they still require confirmation before they will credit the amount. I guess, due to the risk of double-spending on bitcoin, no sites anymore that credit their unconfirmed deposits.
yeah in the past there are some site that has this feature but nowadays? though i still believe there are few but not on the site that I am playing.
Afaik, Double spending is quite rare or non existing issue anymore on Bitcoin network. Maybe on other cryptocurrency blockchain.
Does anyone know which sites deposit bitcoin instantly or even litecoin without a confirmation I’m sure you have to wait to withdraw that’s fine but at least credit it instantly?
Sorry but have you tried registering in casino site in crypto that has no instant deposit? i know that withdrawals sometimes has Issue but deposit? what i have experience is at least few minutes delay but majority has an instant deposit crediting and I see no reason why some sites will need to keep hold the deposit when this is literally what they are looking for faster gaming and possible losing and will deposit again right? this is gambling business cycling . 
I knew Bitsler offer non confirmation instant deposit
I have been using the site and it's not the same as my experience. Even on XRP deposits, they still require confirmation before they will credit the amount. I guess, due to the risk of double-spending on bitcoin, no sites anymore that credit their unconfirmed deposits.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
Are you sure that these sites offer bitcoin deposits without confirmation?
These three sites and all other gambling sites will never allow you to deposit any money with confirmation. In fact no centralized site will offer this. This is to prevent the abuse , double spending and other ways to exploit the system.
Didn't check all of them but at least Roobet do support instant bitcoin deposits, but for other cryptocurrencies (eth and ltc) three confirmations are required. From their deposit page:These three sites and all other gambling sites will never allow you to deposit any money with confirmation. In fact no centralized site will offer this. This is to prevent the abuse , double spending and other ways to exploit the system.
Quote from: https://roobet.com/?modal=cashier&tab=deposit
Send any amount of BTC to the following address. In the case of a non-instant deposit, 1 confirmation is required.
I knew Bitsler offer non confirmation instant deposit and some other Casino usually credit the balance even if the transaction is unconfirmed since they can freeze the account or disable the withdrawal of the account with unconfirmed deposit to counter double spending. Double spending is not a problem any on Centralized business like exchange and casino because they have security defense to counter this kind of fraudulent activity.
Afaik, Double spending is quite rare or non existing issue anymore on Bitcoin network. Maybe on other cryptocurrency blockchain.
Are you sure that these sites offer bitcoin deposits without confirmation?
These three sites and all other gambling sites will never allow you to deposit any money with confirmation. In fact no centralized site will offer this. This is to prevent the abuse , double spending and other ways to exploit the system.
Didn't check all of them but at least Roobet do support instant bitcoin deposits, but for other cryptocurrencies (eth and ltc) three confirmations are required. From their deposit page:These three sites and all other gambling sites will never allow you to deposit any money with confirmation. In fact no centralized site will offer this. This is to prevent the abuse , double spending and other ways to exploit the system.
Quote from: https://roobet.com/?modal=cashier&tab=deposit
Send any amount of BTC to the following address. In the case of a non-instant deposit, 1 confirmation is required.
edit: I made a bitcoin deposit on livecasino.io and I can confirm that they accept zero-confirmation transactions. The amount I sent appeared on my account balance although the transaction was still unconfirmed. Withdrawing require the deposit transaction to have three confirmations, though. 
I don't think any casino would want to do an instant deposit without network confirmation. That would be too risky and gamblers would abuse it. They will require at least 1 network confirmation.
Imagine a casino offering instant deposit without network confirmation. Users would send bitcoin, do a quick bet, if they lose, they would try to double spend. The casino would be losing a lot. Not worth the risk for the casino.
^ Definitely right and even 1 confirmation is still risky on their side and that is not safe, it should always be 3 confirmations which are the chances of double-spending transactions becoming less. No one would want an instant deposit, you can probably exploit the network and did not safe for the gambling casino. The transaction won't take so long and I think there is no need to hurry the transaction, it could be 30 minutes to 1 hour more or less, so in that long, it is fair enough. Imagine a casino offering instant deposit without network confirmation. Users would send bitcoin, do a quick bet, if they lose, they would try to double spend. The casino would be losing a lot. Not worth the risk for the casino.
risk of double spend is there when they do tend to accept instant deposits and all of business owners are aware of that which it isnt surprising that you could not even see a single casino whom
do deal with this set-up.They do know the risk and its normal for a business on patching up those holes for protecting their business which i could say to be a normal kind of action.
I don't think any casino would want to do an instant deposit without network confirmation. That would be too risky and gamblers would abuse it. They will require at least 1 network confirmation.
Imagine a casino offering instant deposit without network confirmation. Users would send bitcoin, do a quick bet, if they lose, they would try to double spend. The casino would be losing a lot. Not worth the risk for the casino.
^ Definitely right and even 1 confirmation is still risky on their side and that is not safe, it should always be 3 confirmations which are the chances of double-spending transactions becoming less. No one would want an instant deposit, you can probably exploit the network and did not safe for the gambling casino. The transaction won't take so long and I think there is no need to hurry the transaction, it could be 30 minutes to 1 hour more or less, so in that long, it is fair enough. Imagine a casino offering instant deposit without network confirmation. Users would send bitcoin, do a quick bet, if they lose, they would try to double spend. The casino would be losing a lot. Not worth the risk for the casino.
I don't think any casino would want to do an instant deposit without network confirmation. That would be too risky and gamblers would abuse it. They will require at least 1 network confirmation.
Imagine a casino offering instant deposit without network confirmation. Users would send bitcoin, do a quick bet, if they lose, they would try to double spend. The casino would be losing a lot. Not worth the risk for the casino.
Imagine a casino offering instant deposit without network confirmation. Users would send bitcoin, do a quick bet, if they lose, they would try to double spend. The casino would be losing a lot. Not worth the risk for the casino.
In the past, there have been a number of sites that processed a transaction as soon as you made a deposit. But because of the double spend, there has been too much fraud, and administratively this is too difficult for a site to keep track of. Sites have the best intentions so that players see their deposit credited as soon as possible, but they still use at least 1 confirmation from the network. It doesn't take that long these days, at most 20 minutes. But often a few minutes, provided there is enough fee.
I don't think any casino would want to do an instant deposit without network confirmation. That would be too risky and gamblers would abuse it. They will require at least 1 network confirmation.
Imagine a casino offering instant deposit without network confirmation. Users would send bitcoin, do a quick bet, if they lose, they would try to double spend. The casino would be losing a lot. Not worth the risk for the casino.
Imagine a casino offering instant deposit without network confirmation. Users would send bitcoin, do a quick bet, if they lose, they would try to double spend. The casino would be losing a lot. Not worth the risk for the casino.
1) sportsbet.io
2) bitcasino.io
3) roobet.com
those are the 3 i know of, might be more
All three are legit sites i have used without issues
2) bitcasino.io
3) roobet.com
those are the 3 i know of, might be more
All three are legit sites i have used without issues
Are you sure that these sites offer bitcoin deposits without confirmation?
These three sites and all other gambling sites will never allow you to deposit any money with confirmation. In fact no centralized site will offer this. This is to prevent the abuse , double spending and other ways to exploit the system.
Does anyone know which sites deposit bitcoin instantly or even litecoin without a confirmation I’m sure you have to wait to withdraw that’s fine but at least credit it instantly?
It sounds like you're attempting to try to beat casinos by double spending, either that or you're a prolific gambler who would probably be wise to take the maybe 30 minutes it takes for a blockchain transaction to settle. There may be the odd casino that accepts it, but at the first sign of shenanigans they'll cut your funds off and hold on to them. No trick will work long term to beat the casinos in this way, it might have been possible over ten years ago with newer places but all of these basic steps are safe guarded against now. Anyway, lets hope it was a legitimate question, but if so - you should probably go easy on your spending because it's very easy to lose control and waste a lot of money.
Besides this is a complete non-issue, after all if you know that you want to gamble why not send a transaction before you go to sleep to the casino? That way when you wake up the transaction will have a lot of confirmations and you will be able to gamble freely the next day without any true delay as you would have done this before you went to sleep, so the only ones that would need something like this are those that are gambling impulsively and that lose their balance and want to gamble immediately after they send their transaction, something which is a very bad idea.
I think I have tried this before, it was a bch coin that I used because there are no other options and I already know that BCH transactions are super slow. I didn't know if there are other coins besides BCH that are slow to process? BCH isn't that even popular so I don't think it will experience a congestion.A delay can be a good thing because it discourage gamblers to deposit and lose more. It makes them practice a responsible gambling but for someone that is highly addictive, they will try to look for alternatives just to gamble in a quicker way. Dunno if one of it is the OP or it's also possible that the OP has a different objective.
Here's how double-spend works.
https://www.youtube.com/watch?v=tXnE4MYOAaY
https://www.youtube.com/watch?v=HQdaZZBw3X8
It would really be just normal for a business to play safe because it would be a total loss if someone double spends
and potentially able to make some hits out of those fake deposits.
https://www.youtube.com/watch?v=tXnE4MYOAaY
https://www.youtube.com/watch?v=HQdaZZBw3X8
It would really be just normal for a business to play safe because it would be a total loss if someone double spends
and potentially able to make some hits out of those fake deposits.
Does anyone know which sites deposit bitcoin instantly or even litecoin without a confirmation I’m sure you have to wait to withdraw that’s fine but at least credit it instantly?
^ Probably right after 3 confirmations of the transaction which is a standard process and safe both. Gambling casinos may be at risk if the will have fast credit, it could be BTC can be double-spend so that the transaction will not credited, so if the casino allows betting even though the transactions are not confirmed. That is their risk.
However, instant credit will not matter to me, the most important is how gambling casino is being responsible and reputable.
Besides this is a complete non-issue, after all if you know that you want to gamble why not send a transaction before you go to sleep to the casino? That way when you wake up the transaction will have a lot of confirmations and you will be able to gamble freely the next day without any true delay as you would have done this before you went to sleep, so the only ones that would need something like this are those that are gambling impulsively and that lose their balance and want to gamble immediately after they send their transaction, something which is a very bad idea.
I think I have tried this before, it was a bch coin that I used because there are no other options and I already know that BCH transactions are super slow. I didn't know if there are other coins besides BCH that are slow to process? BCH isn't that even popular so I don't think it will experience a congestion.A delay can be a good thing because it discourage gamblers to deposit and lose more. It makes them practice a responsible gambling but for someone that is highly addictive, they will try to look for alternatives just to gamble in a quicker way. Dunno if one of it is the OP or it's also possible that the OP has a different objective.
based up on experience thats why its not surprising that several casinos just do include this as their payment coins and the rest is really just choosing LTC or DASH based on observation.
Instant credit is not possible or can be seen nowadays because of double spending issues thats why casinos had made out at least 1 confirmation before it do credits.
Besides this is a complete non-issue, after all if you know that you want to gamble why not send a transaction before you go to sleep to the casino? That way when you wake up the transaction will have a lot of confirmations and you will be able to gamble freely the next day without any true delay as you would have done this before you went to sleep, so the only ones that would need something like this are those that are gambling impulsively and that lose their balance and want to gamble immediately after they send their transaction, something which is a very bad idea.
I think I have tried this before, it was a bch coin that I used because there are no other options and I already know that BCH transactions are super slow. I didn't know if there are other coins besides BCH that are slow to process? BCH isn't that even popular so I don't think it will experience a congestion.A delay can be a good thing because it discourage gamblers to deposit and lose more. It makes them practice a responsible gambling but for someone that is highly addictive, they will try to look for alternatives just to gamble in a quicker way. Dunno if one of it is the OP or it's also possible that the OP has a different objective.
Well, it is important to note that every casino that has instant credit gets many players out of trouble when their money runs out, but it is usually a double-edged sword when they get carried away by emotion and it is abused, I understand perfectly why what casinos take into account the confidence points of each player, and if each player is active and has the ability to pay.
Instant credits sometimes if they are made through fiat money accounts I don't know how fast they are on the network, but I think that if that option is taken it could speed it up through other means, such as USDT so that the waiting time does not be a lot.
This is why I said that this could speed up the process. If there is a problem with it then I think a casino would have to put a strict rule or a system where those who deposit and they instantly get credited while waiting for the process then they won't be able to withdraw their funds even after they made a bet as long as the process of the deposit of fiat is not yet fully process which in my opinion could help the casino prevent a gambler getting their funds if ever a deposit of fiat to casino using bank for example didn't went through then that means the amount credited to the gambler's account is still owned by the casino until the deposit went through. Instant credits sometimes if they are made through fiat money accounts I don't know how fast they are on the network, but I think that if that option is taken it could speed it up through other means, such as USDT so that the waiting time does not be a lot.
Jump to: