Bitcoin Lightning Network Casinos | Bitcointalksearch.org

Hispo

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Quote from: bettercrypto on March 20, 2024, 10:05:30 AM

Quote from: notblox1 on March 19, 2024, 04:10:34 PM

Quote from: TOP69CryptoCasinos on March 19, 2024, 01:43:25 PM

Also, overall, what's your experience with BTC Lightning as a payment method in betting sites? Would you recommend it?

Lightning payments is very good option when bitcoin fees are high and when someone is betting with small amounts of money, and I would recommend it in this situations.

Maybe you can add new casino website I saw today in forum Getsats.club.
This is their forum topic:
https://bitcointalksearch.org/topic/--5489513

I know another gambling website from forum that is working on adding Lightning payments:
https://bitcointalksearch.org/topic/l0tt0com-5457016

Have you tried using the lightning network? I have been hearing that for a long time, but I have never tried to use the lightning address, to be honest. I don't know if I'm just confused or if I just don't understand right now.

So I'm just paying attention now. I rarely see gambling that has lightning payment options in that regard, maybe because there are many people like me who are confused or haven't tried using the lightning network yet.

I am quite in a similar position like yours, I have also heard about the lightning network and the advantages it offers to people who wants to save in commissions and seek for high speed in their transactions. However, I have not taken my time to learn about it enough for me to use it.
I may try, since exchanges (like Binance) are already giving support to that second layer solutions.
I know how to use an application to receive satoshis, but I don't have any idea how one is supposed to convert or send satoshis in the lightning network back to the main Blockchain of BTC.

By the way, besides of the relatively small number of people into this solution (as you mentioned) the lack of implementation may also have something to do with chain analysis. It is harder to track transactions in second layers.

Hamphser

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Quote from: bettercrypto on March 20, 2024, 10:05:30 AM

Have you tried using the lightning network? I have been hearing that for a long time, but I have never tried to use the lightning address, to be honest. I don't know if I'm just confused or if I just don't understand right now.

So I'm just paying attention now. I rarely see gambling that has lightning payment options in that regard, maybe because there are many people like me who are confused or haven't tried using the lightning network yet.

Why not try for yourself and find out on what it looks or feels like on making use of LN payments? Its true that its not really that much in numbers to those casinos who do integrate LN payments
and same as you on which i havent been able to experience or made out deposits via LN but based up on what im hearing about it mainly is into its cheap fees on which it is really that good to hear about.

I do heard about that this is still in development and havent been able to fully integrated but it seems that this is already that working then having that integration is really that great.
Due to some curiosity then i would really be testing it out for myself on how things do go when it comes to transaction speed and fees.

bettercrypto

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Quote from: notblox1 on March 19, 2024, 04:10:34 PM

Quote from: TOP69CryptoCasinos on March 19, 2024, 01:43:25 PM

Also, overall, what's your experience with BTC Lightning as a payment method in betting sites? Would you recommend it?

Lightning payments is very good option when bitcoin fees are high and when someone is betting with small amounts of money, and I would recommend it in this situations.

Maybe you can add new casino website I saw today in forum Getsats.club.
This is their forum topic:
https://bitcointalksearch.org/topic/--5489513

I know another gambling website from forum that is working on adding Lightning payments:
https://bitcointalksearch.org/topic/l0tt0com-5457016

Have you tried using the lightning network? I have been hearing that for a long time, but I have never tried to use the lightning address, to be honest. I don't know if I'm just confused or if I just don't understand right now.

So I'm just paying attention now. I rarely see gambling that has lightning payment options in that regard, maybe because there are many people like me who are confused or haven't tried using the lightning network yet.

panjul07

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Quote from: TOP69CryptoCasinos on March 19, 2024, 01:43:25 PM

Also, overall, what's your experience with BTC Lightning as a payment method in betting sites? Would you recommend it?

I have not experienced using lightning network and most casinos where I play is not integrating it as one of the payment method so I cant tell anything about it.
What I know is that lightning network users is still low in this gambling industry and most gamblers prefer to use altcoins if they want to avoid higher transaction fee.
I will not recommend it others ofc because I have no idea about it, I have no plan to use it as well for my gambling activity.
Maybe once it becomes more popular and once most casinos integrate it, I'll start to use it.

Apocollapse

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Quote from: TravelMug on March 19, 2024, 09:13:35 PM

Yes, during the height when bitcoin fees are high, even gamblers are looking for some payment options. Others uses altcoin instead of bitcoin that time because of the fees. But not to burst the bubble to the OP, I think majority here, please correct me if I'm wrong haven't had explored LN payment scheme. Of course, this can change overtime, when investors or even ordinary users of bitcoin might really see the advantage of LN, (fast and fees are low). But most are old and traditional way of using our bitcoin, a bitcoin address for deposit and withdrawals.

There are some people argue that it's bad to use Bitcoin to gamble because Bitcoin price may pump high and they're regret to spent Bitcoin when it was cheap. Roll Eyes

To open a channel you need to pay Bitcoin using on chain network, not to mention you need to convert Bitcoin on chain to lightning network, which make lightning network isn't really cheap to use. If there's an instant bridge and cheaper while open a channel, many people might use it.

Out of mind

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If a casino has a lighting network recommendation, then I think it's great. Because many times, it is seen that many people face a lot of trouble to bet or trade there due to high fees during Bitcoin transactions. Especially those who have little money can't always transact during high fees so they can't enjoy the benefits.

But I haven't tried so far on any casino platform where lightning network support. But I think it's possible to make payments easily with a small transaction fee using the Bitcoin Lightning Network. So if a casino is built where transactions are possible through the lighting network then surely many players will benefit, especially with their withdrawals.

CryptSafe

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This is a good one mate. This service would make a good deal for your website as the case may be.
In as much as you are trying to ease deposit stress to casinos by listing names of casinos that accept lightning deposit and as well indirectly advertising the casinos and drawing traffic to your website, I will ask you about the reputation of the casinos you have listed because it is one thing to list them and another to know how genuine the listed casinos are because the safety of every visitor should be your
utmost priority because anyone who visits or gets to know any of the listed casinos through your website and makes use of any casino listed and have unfortunate experience as the end result, this would would mean a bad dent on your name and website.

Asking us here to give you more names of casinos having such features without you conducting any due diligence on the casinos given would make no sense. First hand experience would better explain things properly to you rendering such services to safeguard your reputation. So I would ask if you have tried them all to see how the overall service of the casinos listed on your website works.

TravelMug

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Quote from: notblox1 on March 19, 2024, 04:10:34 PM

Quote from: TOP69CryptoCasinos on March 19, 2024, 01:43:25 PM

Also, overall, what's your experience with BTC Lightning as a payment method in betting sites? Would you recommend it?

Lightning payments is very good option when bitcoin fees are high and when someone is betting with small amounts of money, and I would recommend it in this situations.

Maybe you can add new casino website I saw today in forum Getsats.club.
This is their forum topic:
https://bitcointalksearch.org/topic/--5489513

I know another gambling website from forum that is working on adding Lightning payments:
https://bitcointalksearch.org/topic/l0tt0com-5457016

Yes, during the height when bitcoin fees are high, even gamblers are looking for some payment options. Others uses altcoin instead of bitcoin that time because of the fees. But not to burst the bubble to the OP, I think majority here, please correct me if I'm wrong haven't had explored LN payment scheme. Of course, this can change overtime, when investors or even ordinary users of bitcoin might really see the advantage of LN, (fast and fees are low). But most are old and traditional way of using our bitcoin, a bitcoin address for deposit and withdrawals.

getsats.club

newbie

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Quote from: notblox1 on March 19, 2024, 04:10:34 PM

Quote from: TOP69CryptoCasinos on March 19, 2024, 01:43:25 PM

Also, overall, what's your experience with BTC Lightning as a payment method in betting sites? Would you recommend it?

Lightning payments is very good option when bitcoin fees are high and when someone is betting with small amounts of money, and I would recommend it in this situations.

Maybe you can add new casino website I saw today in forum Getsats.club.
This is their forum topic:
https://bitcointalksearch.org/topic/--5489513

I know another gambling website from forum that is working on adding Lightning payments:
https://bitcointalksearch.org/topic/l0tt0com-5457016

Hi,
thank you very much for the quote! Yes we are a new lightning network casino (and we have a working onion service).
We are working to make more games as possible and to bring into lightning network the best experience possibile.
For any suggestion or curiosity, we are waiting you into our thread!

Hispo

legendary

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Leading Crypto Sports Betting & Casino Platform

You know. I have never encountered many casinos which accept deposits and withdrawals using the lightning Network in the first place. I don't recall an specific and reputable casinos which has accepted deposits with the lightning network and there must be some reason for it, in my opinion.
If I had to guess, I would say it could have something to do with the fact those deposits are not actually being carried out on chain, so there is no registration of them within the Blockchain, so it could be as a way for criminals and money launderers to try to fool the casino staff and the authorities which try to avoid money laundering from happening in the first place.

It is not a secret authorities and regulators have developed tools which can analyze the Blockchain of Bitcoin as fast as possible in search for patterns and break the pseudo-anonymity of one user, the second layer solutions like this one makes those tools ineffective.

decodx

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Quote from: TOP69CryptoCasinos on March 19, 2024, 01:43:25 PM

Hi,

I have compiled a -> Bitcoin Lightning Casino list. Deposits are almost instant and fees are quite low, so the Lightning network represents a pretty nice option.

Feel free to share it here as well, as long as the casinos are reputable and trustworthy.

Quote from: TOP69CryptoCasinos on March 19, 2024, 01:43:25 PM

The downside -> there aren't too many crypto casinos which accept Bitcoin deposits via the Lightning Network, so I would kindly ask you to let me know if you've heard of any other brands (that are not already on the list). Thanks!

You're absolutely right. Lightning Network options are limited everywhere, not only at online casinos.

Quote from: TOP69CryptoCasinos on March 19, 2024, 01:43:25 PM

Also, overall, what's your experience with BTC Lightning as a payment method in betting sites? Would you recommend it?

I can't say I have a whole lot of experience, but I've tried LN transactions a few times. The advantages are undeniable. The biggest drawback is that using Lightning Network can be a bit trickier than using regular Bitcoin for some folks, imho.

notblox1

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Quote from: TOP69CryptoCasinos on March 19, 2024, 01:43:25 PM

Also, overall, what's your experience with BTC Lightning as a payment method in betting sites? Would you recommend it?

Lightning payments is very good option when bitcoin fees are high and when someone is betting with small amounts of money, and I would recommend it in this situations.

Maybe you can add new casino website I saw today in forum Getsats.club.
This is their forum topic:
https://bitcointalksearch.org/topic/--5489513

I know another gambling website from forum that is working on adding Lightning payments:
https://bitcointalksearch.org/topic/l0tt0com-5457016

Fivestar4everMVP

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Leading Crypto Sports Betting & Casino Platform

Aside the fact I know that you are trying to draw traffic from this forum to your site, I sure wish you had compiled the list on this forum, that is, compile the list on a table or something, but this is just by thought and thats by the way.

I actually have never tried or played on any platform/casino that uses or accepted bitcoin lightening network as a form of deposit, and it's actually cool to know that we now have some casinos that have Implemented this feature, but unfortunately, I personally don't gamble with bitcoin, I actually used to, but stopped already, I prefer to hold my bitcoins, I can gamble with any other coin most especially usdt, but bitcoin is always kept or reserved as an investment, outside of this, I would have loved to try one of those of bitcoin lightning network casinos, if not for anything, to atleast, teach myself how transaction on lightning network works, since I've only been reading about it, but have never got to actually try it.

TOP69CryptoCasinos

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Hi,

I have compiled a -> Bitcoin Lightning Casino list. Deposits are almost instant and fees are quite low, so the Lightning network represents a pretty nice option.
The downside -> there aren't too many crypto casinos which accept Bitcoin deposits via the Lightning Network, so I would kindly ask you to let me know if you've heard of any other brands (that are not already on the list). Thanks!

Also, overall, what's your experience with BTC Lightning as a payment method in betting sites? Would you recommend it?

Topic: Bitcoin Lightning Network Casinos (Read 139 times)