Bitcoin Lightning Network Casinos - page 2.

freedomgo

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Quote from: adaseb on June 28, 2024, 01:11:24 AM

Yeah I am surprised there are not more casinos which support the lightning network.

The Lightning Network (LN) was already introduced before and until now I can't see significant progress. In my opinion, I think even if casinos support the LN it would still depend on the gamblers themselves. I mean, as a gambler, personally, I don't want to approach gambling in a complicated way, and I think LN is just complicated for some as they can just easily use altcoins in order to save on fees and transactions are also almost instant for some altcoins.

But I can't blame OP, everyone has their own choice and I think the users above had already suggested some reputable casinos that supports LN.

avp2306

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This article suggest 6 casino use Bitcoin lightning network https://www.cryptolists.com/the-6-best-bitcoin-casinos-with-lightning-network-support/

Although I'm not familiar with majority of the casino listed on that article and there's only 2 well known in that list since they have Ann thread in this forum and also doing good for running their casino. I try to search for more but I guess there's only few casino use lightning network.

Maybe there will be a lot more people would suggest and its good that we will have a compilation of crypto casinos that has a lightning network feature.

BitGoba

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Quote from: _act_ on June 28, 2024, 07:51:56 AM

Quote from: paxmao on June 28, 2024, 07:35:07 AM

does anyone know if there is any problem in supporting lighting? does it cost more or anything?

There is no problem in supporting lightning but probably the gambling sites see many options like altcoins that their users can use instead. If their users are sending them messages and they are many about when they want to support lightning network, they will consider having it and later support it. What I think can be the problem is that they may want to run a lightning node and which will be running 24/7 but the money generated from it may be small to them. What I think they may be thinking also is the security of their customers fund. But there are many casino sites that are very rich and having lightning network is something small for them to do.

Gambling sites could run their own Bitcoin Lightning nodes and generate additional revenue by routing transactions on the Lightning Network.

The problem with Bitcoin is that it is decentralized, there is no central entity to manage it like with altcoins, there is no budget for marketing or developers, etc.

Altcoins are more like companies, for example, Ethereum, which has the Ethereum Foundation company registered in Switzerland, and Vitalik Buterin acts like the CEO. Before launching the network, they had a pre-mine of 70 milions ETH, which they sold and made a lot of money. They have the funds to invest in marketing and developers.

Bitcoin Lightning and Bitcoin don't have marketing teams

Beparanf

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Burpaaa

Betplay.io(https://bitcointalksearch.org/topic/betplayio-lightning-network-casino-instant-zero-fee-payments-5319611) is one of the few casino that I knew that support lightning network. I can’t remember exactly when they add it but I remember they add it during the first wave of Bitcoin high fees.

There’s some casino that support LN Bitcoin but I can’t recommend it here since they don’t have official ANN thread in the forum which is dangerous to play since we don’t have any feedback from forum member.

Fivestar4everMVP

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Quote from: Charles-Tim on June 27, 2024, 02:43:49 PM

Sportbets.io is not listed among. I withdrew bitcoin on Sportsbet.io recently and I withdrew it using lightning network. I hope other well reputed gambling site like Stake will support lightning network soon. The mempool is not that congested recently. If the mempool is congested, I can decide to use USDT on Tron or BSC network on Stake.com.

Yeah, at least, for some time now, the bitcoin network has been relatively free off congestion and both transactions confirmation cost, as well as confirmation time has also been relatively good.
But this does not mean that the issue with the network's scalability is solved, I am personally assuming or predicting rather; that as we enter the coming bull run, the network may face another congestion, since that is mostly the time when alot of people are moving bitcoin around, developers may also want to start some new projects on the bitcoin blockchain so as to benefit from the bull run.

So, I personally support the expansion of the lightening network, big casinos like Stake should already have this future by now, I wonder what is keeping them from implementing it as the top crypto casino.

_act_

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Quote from: paxmao on June 28, 2024, 07:35:07 AM

does anyone know if there is any problem in supporting lighting? does it cost more or anything?

There is no problem in supporting lightning but probably the gambling sites see many options like altcoins that their users can use instead. If their users are sending them messages and they are many about when they want to support lightning network, they will consider having it and later support it. What I think can be the problem is that they may want to run a lightning node and which will be running 24/7 but the money generated from it may be small to them. What I think they may be thinking also is the security of their customers fund. But there are many casino sites that are very rich and having lightning network is something small for them to do.

paxmao

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Quote from: adaseb on June 28, 2024, 01:11:24 AM

Yeah I am surprised there are not more casinos which support the lightning network.

I think its mostly due to the fact that most casinos accept other coins besides bitcoin and since someone can use another network like ETH which is fairly cheap now, there probably wont be much use for the bitcoin lightning network. I think that these days there are more people using L2 like Arbitrium or blockchains such as Solana which got ultra cheap fees that the lightning network doesn't have much demand, and since there isnt much demand there isnt much use for it.

Look at many CEX, look how long it took them to implement Lightning network when it was in fact possible right after Segwit went live back in 2017.

It should be something given you know, I am also surprised, it is equally secure and it would be precisely the players that move more bitcoin around the main beneficiaries and that would create a competitive advantage over otther sites with a more limited offer of deposit/Withdrawal methods. does anyone know if there is any problem in supporting lighting? does it cost more or anything?

arwin100

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Quote from: BitGoba on June 28, 2024, 05:38:03 AM

Quote from: adaseb on June 28, 2024, 01:11:24 AM

Yeah I am surprised there are not more casinos which support the lightning network.

I think its mostly due to the fact that most casinos accept other coins besides bitcoin and since someone can use another network like ETH which is fairly cheap now, there probably wont be much use for the bitcoin lightning network. I think that these days there are more people using L2 like Arbitrium or blockchains such as Solana which got ultra cheap fees that the lightning network doesn't have much demand, and since there isnt much demand there isnt much use for it.

Look at many CEX, look how long it took them to implement Lightning network when it was in fact possible right after Segwit went live back in 2017.

Altcoin networks are not secure for transactions because they are highly centralized. For example, Solana frequently crashes and experiences interruptions. I don't want to use or invest money in something that is centralized and depends on a group of people who can always rugpull out, leaving me with nothing.
That's why I only trust Bitcoin.

People should set aside the altcoin option since maybe that is just another choices to take by people. Lightning network is really great to integrate by majority of casinos since it will just give an option for people do use that once there will be another issue happen to network. Bitcoin network usually encounter an issue when there's a bull run will happen that's why its good to have this option so people could still continue to transact using lightning network.

But unfortunately there are only few reputable casino on the list I see adopting and the other casino in list or what we can search are casinos which doesn't have reputation that's why its more better if lots of reputable casino in this forum will adopt it so that people will have lots of choices when they want to use this.

BitGoba

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Quote from: adaseb on June 28, 2024, 01:11:24 AM

Yeah I am surprised there are not more casinos which support the lightning network.

I think its mostly due to the fact that most casinos accept other coins besides bitcoin and since someone can use another network like ETH which is fairly cheap now, there probably wont be much use for the bitcoin lightning network. I think that these days there are more people using L2 like Arbitrium or blockchains such as Solana which got ultra cheap fees that the lightning network doesn't have much demand, and since there isnt much demand there isnt much use for it.

Look at many CEX, look how long it took them to implement Lightning network when it was in fact possible right after Segwit went live back in 2017.

Altcoin networks are not secure for transactions because they are highly centralized. For example, Solana frequently crashes and experiences interruptions. I don't want to use or invest money in something that is centralized and depends on a group of people who can always rugpull out, leaving me with nothing.
That's why I only trust Bitcoin.

cryptomaniac_xxx

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Quote from: BitGoba on June 27, 2024, 02:40:23 PM

In this directory, there are only a few casinos that allow players to deposit and withdraw funds using Bitcoin Lightning Network
https://spend-sats.com/spendbitcoin/gambling/

Can you recommend some other Bitcoin Lightning casinos

You might want to look at this list by @TOP69CryptoCasinos Bitcoin Lightning Network Casinos. Just go on that list and see and maybe select one casino as to be honest with you, I haven't try Lightning Network.

It's not that LN is a failure, there could be others who might have been using it and have tested it specially when there is a network congestion. But for some crypto gamblers, they might have chosen alternative coins, like USDT or LTC during that time. And now that the transaction fees are manageable, then everyone is back using their BTC.

Onyeeze

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Quote from: BitGoba on June 27, 2024, 02:40:23 PM

In this directory, there are only a few casinos that allow players to deposit and withdraw funds using Bitcoin Lightning Network
https://spend-sats.com/spendbitcoin/gambling/

Can you recommend some other Bitcoin Lightning casinos

It's few of casino gambling websites that embraces lighting network for casino gambling, I think sport.io also supports deposit with Lightning Network, but from research you can see other platforms of casino that accepts lighting network, the problem is that they are not visualise and they are that popular as we may think, I believe that what most of the platforms of casino support is bitcoin and some of the altcoins and not many altcoins is accepted as method of funding casinos account, they are selective in terms of altcoins, but this link can brief us, The 6 Best Bitcoin Casinos With Lightning Network Support so with this we can read and cross check the some of the platforms of casinos that is supportive with lighting network.

Charles-Tim

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Quote from: adaseb on June 28, 2024, 01:11:24 AM

I think its mostly due to the fact that most casinos accept other coins besides bitcoin and since someone can use another network like ETH which is fairly cheap now, there probably wont be much use for the bitcoin lightning network. I think that these days there are more people using L2 like Arbitrium or blockchains such as Solana which got ultra cheap fees that the lightning network doesn't have much demand, and since there isnt much demand there isnt much use for it.

The bitcoin mempool is getting less congested and it is now at 8 sat/vbyte which is just $0.69 for 1 input and 2 outputs. Bitcoin transaction since many days ago are getting cheaper.

Quote from: adaseb on June 28, 2024, 01:11:24 AM

Look at many CEX, look how long it took them to implement Lightning network when it was in fact possible right after Segwit went live back in 2017.

Even most centralized exchanges are not supporting lightning network.

adaseb

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Yeah I am surprised there are not more casinos which support the lightning network.

I think its mostly due to the fact that most casinos accept other coins besides bitcoin and since someone can use another network like ETH which is fairly cheap now, there probably wont be much use for the bitcoin lightning network. I think that these days there are more people using L2 like Arbitrium or blockchains such as Solana which got ultra cheap fees that the lightning network doesn't have much demand, and since there isnt much demand there isnt much use for it.

Look at many CEX, look how long it took them to implement Lightning network when it was in fact possible right after Segwit went live back in 2017.

Potato Chips

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In general, there are less casinos supporting LN but you can try to find more at:

1. https://lightningnetworkstores.com/?tags=casino
2. https://cryptwerk.com/companies/gambling/btc-ln/

But I wouldn't advise going with obscure platforms unless you can bear the risk.

Charles-Tim

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Sportbets.io is not listed among. I withdrew bitcoin on Sportsbet.io recently and I withdrew it using lightning network. I hope other well reputed gambling site like Stake will support lightning network soon. The mempool is not that congested recently. If the mempool is congested, I can decide to use USDT on Tron or BSC network on Stake.com.

BitGoba

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In this directory, there are only a few casinos that allow players to deposit and withdraw funds using Bitcoin Lightning Network
https://spend-sats.com/spendbitcoin/gambling/

Can you recommend some other Bitcoin Lightning casinos

Topic: Bitcoin Lightning Network Casinos - page 2. (Read 317 times)