Bitcoin Lightning Network Casinos - page 3.

BitGoba

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Quote from: Solosanz on June 28, 2024, 09:47:22 AM

Is that your own sites? I'm surprised why you list this 1x shitty casino in your sites, here's the list why 1xbet is a scammy casino 1xbit scam accusations. Scamming gamblers since 2017 (1xbet is a sister company of 1xbit).

Although anyone can down vote the casino that they don't like, it's better if scam site got excluded. At the same time I don't like the ranks based on vote, people just need to spend their money to get higher rank even though they might not deserve it, but I understand this way is a form of money making.

Anyone can add a website that accepts Bitcoin and Bitcoin Lightning payments. Users can write reviews and rate these websites. It's a directory designed to establish trust in various services that offer Bitcoin payments

https://spend-sats.com/view/website/1xbet/

BitGoba

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Bitcoin Lightning Network is being used extensively. Transactions on the Lightning Network are private, so we can't know the exact number or nature of the transactions like we can with Bitcoin on-chain. However, one piece of data can give us an approximate idea of how much the Lightning Network is being used: the number of bitcoins locked in the Lightning Network. Currently, this is around 5,200 bitcoins, worth more than 300 million dollars

Here you can track the statistical data of the Lightning Network
https://mempool.space/lightning

When payment channels are opened on the Lightning Network, a smart contract is created that locks Bitcoin, No one would create such smart contracts and lock Bitcoin in the Lightning Network payment channels if there were no need for transactions.

_act_

legendary

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Lightning network is good with small amount of BTC

Quote from: betswift on June 28, 2024, 10:40:03 AM

Seems like you need to find just a casino where you can bet with BTC! There are various options on the market, so find the most suitable for you!

Your post is off-topic to this discussion because we all know that almost all the crypto gambling sites are having bitcoin as one of the ways their customers can deposit and withdraw. The question is about bitcoin lightning network deposit and withdraw and not just about bitcoin deposit and withdraw. Most crypto gambling sites do not have bitcoin lightning network deposit and withdraw option.

Quote from: Agbe on June 28, 2024, 12:16:30 PM

I thought this is a casino that uses Lightening Network and unknown to me that you are asking for casinos that uses Lightening Network for transaction. And from your first paragraph of the thread, people that uses Lightening Network are not much and in most cases because of the cumbersome nature of the network makes people not to frequently using it. If not it would have been a good network to be using because the transaction fee is low. But people are not using it like the other ones. And I didn't think casinos that are using Lightning Network will have many customers because of it nature of usage.

The more exchanges and wallets that have bitcoin lightning network, the more people will use it. I will like to be seeing bitcoin lightning network deposit and withdraw on most crypto gambling sites. There are some wallets and exchanges that have it already.

Agbe

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I thought this is a casino that uses Lightening Network and unknown to me that you are asking for casinos that uses Lightening Network for transaction. And from your first paragraph of the thread, people that uses Lightening Network are not much and in most cases because of the cumbersome nature of the network makes people not to frequently using it. If not it would have been a good network to be using because the transaction fee is low. But people are not using it like the other ones. And I didn't think casinos that are using Lightning Network will have many customers because of it nature of usage.

Hispo

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Leading Crypto Sports Betting & Casino Platform

I don't know about you guys. But I have always gotten the impression there are fewer lightning network casinos out there because the lightning network could be less "secure" when comes to the integrity of the funds. I am not expert at it obviously, but it may have something to do with the opening and closure of channels.
Though, there also a good chance the lightning network is not as popular as it is supposed to be within the world of gambling due to the intervention of regulators and AML politcies. One does not need to read too much to realize transactions which are done though second layer solutions like this one do not leave a track to follow within the main Blockchain, so it would be easier for criminals to launder and conceal their fortunes. Though, that is not a completely flawless excuse not to implement LN, because anyone would still need to have a minimum wager on the deposit, before being able to withdraw.

betswift

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Hello!

Seems like you need to find just a casino where you can bet with BTC! There are various options on the market, so find the most suitable for you!

Solosanz

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Is that your own sites? I'm surprised why you list this 1x shitty casino in your sites, here's the list why 1xbet is a scammy casino 1xbit scam accusations. Scamming gamblers since 2017 (1xbet is a sister company of 1xbit).

Although anyone can down vote the casino that they don't like, it's better if scam site got excluded. At the same time I don't like the ranks based on vote, people just need to spend their money to get higher rank even though they might not deserve it, but I understand this way is a form of money making.

Coin_trader

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Quote from: Fivestar4everMVP on June 28, 2024, 07:35:10 AM

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.

It’s due to less demand from this network. Also only few exchange supports this Bitcoin network since the majority choose Segwit network for their Bitcoin.

Lightning Network is indeed a good addition for Stake but they usually update based on what’s the player needed. Most of the gambler use altcoins with cheaper as an alternative with Bitcoin when transaction fee is high so the demand for LN is not that high die to these alternatives.

tranthidung

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Quote from: BitGoba on June 27, 2024, 01:40:23 PM

Can you recommend some other Bitcoin Lightning casinos

You can find some casinos that accept Bitcoin Lightning Network at this site
https://lightningnetworkstores.com/

https://www.lightningspin.com/
🏆 www.l0tt0.com ⚡

freedomgo

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Playbet.io - Crypto Casino and Sportsbook

Quote from: adaseb on June 28, 2024, 12:11:24 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, 06:51:56 AM

Quote from: paxmao on June 28, 2024, 06:35:07 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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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, 01:43:49 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_

legendary

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Lightning network is good with small amount of BTC

Quote from: paxmao on June 28, 2024, 06:35:07 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, 12:11:24 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, 04:38:03 AM

Quote from: adaseb on June 28, 2024, 12:11:24 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, 12:11:24 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, 01:40:23 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, 01:40:23 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.

Topic: Bitcoin Lightning Network Casinos - page 3. (Read 712 times)