Topic: Bitcoin Lightning Network Casinos (Read 714 times)

Quote from: Agbe on July 10, 2024, 05:46:41 AM

Aside from the fast payments and low tx fees, what are the benefits of it?

Lightning network is faster so withdrawal and deposit should be much faster.

But there are no other benefits for casinos, there are only downsides because Lightning is not decentralized like Bitcoin and we dont know what type of wallets casinos are using.

Anyone who is promoting Lightning is promoting some company provider, that is not bitcoin.

I believe not. Because from the casinos viewpoint, they don't care if it's centralized or decentralized as long as the money comes in into their ledgers. Many of the most successful casinos also accept fiat, no? Cool

Plus in whatever form casinos accept Lightning, custodial or non-custodial, it would always be a benefit to Bitcoin because the Bitcoins in the Lightning Network are actual Bitcoins that haven't been settled on-chain yet. Another benefit is using Lightning promotes the use of technologies on top of Bitcoin whether custodially or non-custodially.

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Quote from: notblox1 on July 09, 2024, 11:59:23 AM

Quote from: notblox1 on July 09, 2024, 11:59:23 AM

Aside from the fast payments and low tx fees, what are the benefits of it?

Lightning network is faster so withdrawal and deposit should be much faster.
But there are no other benefits for casinos, there are only downsides because Lightning is not decentralized like Bitcoin and we dont know what type of wallets casinos are using.
Anyone who is promoting Lightning is promoting some company provider, that is not bitcoin.

Upon all the fastness of the Lightening Network the uses (users) are very few. By the right lightening network would have been the best network to be used by bitcoiners but because of it complexity, it is only few use it. You have to look for someone that is using it to connect. It would have been better if they allow everyone to use like normal electrum. And I don't think those casinos using it would have enough customer but using it in a casino might be different from the normal uses of the network. Because since they are users there, the transaction process would be easier.

For normal usage maybe people will really find it hassle to use but for gamblers which really want bitcoin still as option for them to deposit I guess they would provably use the lightning network if this is available in their selection. Also if there's an issue happening to the bitcoin network.

I don't know what's the real score about peoples decision upon their takes about lightning network but one thing is for sure. They only thing about this technology if network fee surge high. Then forget about it if fees goes back to normal since they don't like to use other thing but to deposit bitcoin directly.

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Quote from: BitGoba on June 29, 2024, 05:12:02 AM

Aside from the fast payments and low tx fees, what are the benefits of it?

Lightning network is faster so withdrawal and deposit should be much faster.
But there are no other benefits for casinos, there are only downsides because Lightning is not decentralized like Bitcoin and we dont know what type of wallets casinos are using.
Anyone who is promoting Lightning is promoting some company provider, that is not bitcoin.

Upon all the fastness of the Lightening Network the uses (users) are very few. By the right lightening network would have been the best network to be used by bitcoiners but because of it complexity, it is only few use it. You have to look for someone that is using it to connect. It would have been better if they allow everyone to use like normal electrum. And I don't think those casinos using it would have enough customer but using it in a casino might be different from the normal uses of the network. Because since they are users there, the transaction process would be easier.

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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/

Technology comes later, the first thing is that the casino should be trusted one. What is the benefit of playing at a casino offering a Bitcoin lighting network and all other altcoins for deposit, but never letting the players withdraw the funds. I know people can give reviews about the site but for those sites where we are 100% sure that those sites are scams, that should be eliminated from the list.

By the way, how many gambler prefer to use Bitcoin Lightning Network for gambling purposes ? I think most of them don't even know how the lighting network works and they prefer using bitcoin network or maybe altcoins if they want to save time and fee.

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Quote from: paxmao on July 05, 2024, 06:55:45 AM

Aside from the fast payments and low tx fees, what are the benefits of it?

Lightning network is faster so withdrawal and deposit should be much faster.
But there are no other benefits for casinos, there are only downsides because Lightning is not decentralized like Bitcoin and we dont know what type of wallets casinos are using.
Anyone who is promoting Lightning is promoting some company provider, that is not bitcoin.

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Quote from: EarnOnVictor on July 05, 2024, 04:21:22 AM

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.

You have a point there and I was even thinking the same. Although some casinos, especially the small ones may think this is a big deal and also a point of selling for them, a big casino like Stake may think otherwise as though it is not necessary since they've made it possible for their customers to have a huge number of alternative means of depositing their money and withdrawing it aside from Bitcoin.

So the choice is the customer's as different cryptos have their different benefits and difficulties. The last time I counted the deposit and withdrawal options of Stake through cryptocurrencies alone, I was able to count 20. This is a huge number to choose from even as most casinos I know have between 1 and 5 crypto options.

To be honest I do think that having as many coins as possible to deposit is a good thing, however I do not have the inside view in terms of how are these coins really being used. It may very well be the case that not that many people want to play, for example, with Solana so lighting network is a safe bet in the sense that you can deposit cheaply with the most known one.

Not smart? It is smart my friend, there is nothing controversial in having alternatives. The only issues that could make establishments shy away from having multiple deposit and withdrawal options are security and liquidity. But a big casino like Stake has nothing to worry about with the two, if not, they wouldn't have dared it or would have stopped it. However, the benefits are enormous to both the establishment and its customers, as customer A may prefer Litecoin as an extremist and may only despite in a casino having that option. Won't Stake miss such a customer if such is so determined as a fan of Litecoin?

This is happening bro, though it is not so extreme for other customers but for their plans and convenience. The transaction fees and speed matters here too, especially when the network of one is congested as we often see on Bitcoin. That shouldn't stop us from sending money and the casino receiving money while gambling continues.

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Quote from: Mate2237 on July 07, 2024, 09:24:27 AM

The casinos are well designed and have nice games but the rating in the review website on those casinos are very poor. The highest rating star is 3 while the others are just two and they are not found in this forum so I don't think it is good to make recommendations on tht because of their status. I know you made the recommendation because the need of the op looking for casinos tht need or using a lightening network and all those casinos from the link accept the deposit from the lighting network.

That site is full of crap if you ask me since most of the websites aren't even well known within this forum and some well known ones like Bitcasino and Sportsbet.io received mediocre ratings which is totally inaccurate.

It's way better to just research this forum for information instead of depending on such pointless sites.

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Quote from: Mate2237 on July 07, 2024, 09:24:27 AM

The highest rating star is 3 while the others are just two and they are not found in this forum so I don't think it is good to make recommendations on tht because of their status. I know you made the recommendation because the need of the op looking for casinos tht need or using a lightening network and all those casinos from the link accept the deposit from the lighting network.

To be fair having a presence on this forum doesn't mean your business is legit, although I'm not sure how those ratings come to be so it's kinda useless unless we know who gives that and what's the reason for it. On the forum, it is easier to search for decent reviews since members have their rank/post history to judge how useful their reviews are.

That being said, I believe OP can modify his post to include a table or something similar if he wants to, including new websites to track casinos that support LN. That being said if he doesn't want to update it regularly I think a new thread for that is fine.

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Quote from: TOP69CryptoCasinos on July 04, 2024, 10:01:40 AM

You can find a real list here -> Bitcoin Lightning Casinos.
There are just 8 brands listed that accept BTC via Lightning Network, but I'll be updating it soon and adding more.

The casinos are well designed and have nice games but the rating in the review website on those casinos are very poor. The highest rating star is 3 while the others are just two and they are not found in this forum so I don't think it is good to make recommendations on tht because of their status. I know you made the recommendation because the need of the op looking for casinos tht need or using a lightening network and all those casinos from the link accept the deposit from the lighting network.

And if they were in this forum then we would have known their character status even though their rating is vet low. And for that playing in those casinos is the for the gambler's risk.

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Quote from: Haunebu on July 06, 2024, 12:59:44 AM

I expected a lot from lightning network when it was launched way back, but it didn't turn out to be the big success that I wanted it to be. Very few gamblers actually use it now and then which makes sense considering BTC's low fees these days and great altcoins alternatives.

I advise sticking to BTC when its fees are low or shifting to altcoins like LTC or Doge when BTC fee rises instead of depending on the LN op.

Maybe people just don't like the lightning feature due to this situation.

Quote

Because Lightning relies heavily on off-chain transactions, the ability to modify a TxID could potentially be exploited to disrupt payment channels or create fraudulent transactions.

Lots of things you can learn about it in this site https://www.investopedia.com/tech/bitcoin-lightning-network-problems/

That's the reason maybe lots of people decide not to use bitcoin lightning network. Either they just wait for network fee to go down or they just think of other alternative alts to transact which is commonly happening since there are less hassle or other technical aspect by choosing this option.

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Quote from: Wind_FURY on July 06, 2024, 12:01:22 AM

Plus I didn't know that BC.Game accepted deposits through Lightning Network. I will try it during my next Craps session. Cool

It doesn't.

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I expected a lot from lightning network when it was launched way back, but it didn't turn out to be the big success that I wanted it to be. Very few gamblers actually use it now and then which makes sense considering BTC's low fees these days and great altcoins alternatives.

I advise sticking to BTC when its fees are low or shifting to altcoins like LTC or Doge when BTC fee rises instead of depending on the LN op.

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OP add BetPlay to your list, https://bitcointalksearch.org/topic/betplayio-lightning-network-casino-instant-zero-fee-payments-5319611

It's the only casino that I have tried to deposit/withdraw using the Lightning Network. The experience was very good/no problems with my small transactions - less than $100.00. I can't speak for larger Lightning transactions.

Plus I didn't know that BC.Game accepted deposits through Lightning Network. I will try it during my next Craps session. Cool

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Quote from: AB de Royse777 on July 05, 2024, 01:03:54 PM

I still yet to use Lightning network, I tried a few times but never was able to have a successful trade :-D

Likely you are referring to decentralized exchanges or trading with someone directly. Because it has been very easy on centralized exchanges. As some people will prefer to use decentralized exchanges, some people will prefer to use centralized exchanges. For a low amount, lightning network can discourage people to hold their small amount of bitcoin on centralized exchanges as the onchain fee can discourage them to withdraw. For decentralized exchanges and trading directly with someone, lightning network can be discouraging.

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Quote from: TOP69CryptoCasinos on July 04, 2024, 10:01:40 AM

I didn't see any casino that accepts Bitcoin Lightning Network in that directory posted by OP.

You can find a real list here -> Bitcoin Lightning Casinos.
There are just 8 brands listed that accept BTC via Lightning Network, but I'll be updating it soon and adding more.

They name Livecasino

along with his brothers from the Yolo group, Bitcasino and Sportsbet of course. So it must be a rather good website I guess, not trying to only get referral members for once. To be honest, it's a little bit surprising to see one website of this type trying to be exhaustive and relevant, by proposing platforms of quality instead of just selling advertisments and referral links, as usual.

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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.

I still yet to use Lightning network, I tried a few times but never was able to have a successful trade :-D

Quote from: BitGoba on June 29, 2024, 05:12:02 AM

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/

1xbet does not have a good reputation in this community. If you are focusing on bitcointalk then you need to know how the community treats this bookmakers.

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Quote from: EarnOnVictor on July 05, 2024, 04:21:22 AM

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.

You have a point there and I was even thinking the same. Although some casinos, especially the small ones may think this is a big deal and also a point of selling for them, a big casino like Stake may think otherwise as though it is not necessary since they've made it possible for their customers to have a huge number of alternative means of depositing their money and withdrawing it aside from Bitcoin.

So the choice is the customer's as different cryptos have their different benefits and difficulties. The last time I counted the deposit and withdrawal options of Stake through cryptocurrencies alone, I was able to count 20. This is a huge number to choose from even as most casinos I know have between 1 and 5 crypto options.

To be honest I do think that having as many coins as possible to deposit is a good thing, however I do not have the inside view in terms of how are these coins really being used. It may very well be the case that not that many people want to play, for example, with Solana so lighting network is a safe bet in the sense that you can deposit cheaply with the most known one.

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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.

You have a point there and I was even thinking the same. Although some casinos, especially the small ones may think this is a big deal and also a point of selling for them, a big casino like Stake may think otherwise as though it is not necessary since they've made it possible for their customers to have a huge number of alternative means of depositing their money and withdrawing it aside from Bitcoin.

So the choice is the customer's as different cryptos have their different benefits and difficulties. The last time I counted the deposit and withdrawal options of Stake through cryptocurrencies alone, I was able to count 20. This is a huge number to choose from even as most casinos I know have between 1 and 5 crypto options.

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Quote from: Kelward on July 05, 2024, 01:54:57 AM

Quote from: Beparanf on June 28, 2024, 07:51:16 AM

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.

Lightning network has not gained a deserved recognition because it is only remembered when there is congestion in the mempool, after congestions it seems to be forgotten again. I guess that it could be the reason why many reputable casinos that we know are not supporting it yet, and as you said about the list of those that supports it don't have ANN thread in the forum, which can be dangerous as there's no feedback from forum members to know about their reputations.

I guess the main reason is they don't see much demand or request to add it that's why most of the casino just prefer to add alternative altcoins since this is what usually been used for deposit by their gamblers. If people would just see that Lightning Network is also good option for them to use when there's issue ongoing on bitcoin network then provably they could see that everything works well with it.

If you search it there's only few casino support this, so I guess people just ignore this feature because what they think that its more worth it to deal with other options since usually this is more convenient for them rather than trying new things that they are not familiar to use. Also as you said its hard to trust those random casino with lightning feature since we don't know if they are for real or just a trap and their main intention is to scam people.

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Quote from: Beparanf on June 28, 2024, 07:51:16 AM

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.

Lightning network has not gained a deserved recognition because it is only remembered when there is congestion in the mempool, after congestions it seems to be forgotten again. I guess that it could be the reason why many reputable casinos that we know are not supporting it yet, and as you said about the list of those that supports it don't have ANN thread in the forum, which can be dangerous as there's no feedback from forum members to know about their reputations.

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I didn't see any casino that accepts Bitcoin Lightning Network in that directory posted by OP.

You can find a real list here -> Bitcoin Lightning Casinos.
There are just 8 brands listed that accept BTC via Lightning Network, but I'll be updating it soon and adding more.

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Is this just for supporting the LN technology? Because I don't think it's that much of a big deal when there are casinos that use or don't use LN when depositing/withdrawing.

Aside from the fast payments and low tx fees, what are the benefits of it?

I'm thinking hard but it's the only thing that I could think of. It doesn't affect gambling or anything.

To be clear, I'm not against it, I'm all in with more Bitcoin usability, but it's just that I don't see any other benefits for casinos to implement it.

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Quote from: bitbollo on July 03, 2024, 10:15:38 AM

I have just seen in this list some "critical" sites listed. This is a mistake. Moreover, if people fall to be scammed they are angry also with platform that advertise them...It should be quoted warning or something that allow people to make their research before joining it.

It seems like the website owner listed by OP plans to use the upvote/downvote button to filter out which site is suspicious, but it requires many users to run the system properly. Not to mention a bot can still abuse them. On the other hand, everyone interested in trying a new service on a niche market should probably realize that the chance they run into a scam service is high. I guess this is not a priority for an aggregator website if they don't have enough traffic too, so that's that.

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Actually there are just few bookmakers/casino that offer this option and I am really surprised since its effective for both parties involved.
I have just seen in this list some "critical" sites listed. This is a mistake. Moreover, if people fall to be scammed they are angry also with platform that advertise them...It should be quoted warning or something that allow people to make their research before joining it.
Ok anyone can post their suggestion but this can be easily exploited by scammers ....

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Can try CROWN88 la, its quite fast and simple transaction especially during withdrawals, and also can enjoy a smoother experience.

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Lightning network is good with small amount of BTC

In the end this is about business. It is what your customers want that you will implement

I will rather use lightning network instead of bitcoin on-chain network for small amount of money. Some of us also will want lightning network for small amount of money.

As a gambler, I will rather use altcoins than trying out LN in casino.

I use both bitcoin lightning network and also altcoins. The last two times that I withdraw, I used bitcoin lightning and USDT.

Some casinos already have their deposit and withdrawal problems, I wouldn't want to add to the stress and confusion.

Lightning network is not a stress and can not cause confusion. It is simple and straightforward if you know about it.

In gambling, the most important thing that I look out for is seamless withdrawal.

You can do that with lightning network. You can have seamless withdrawal with bitcoin lightning network.

If I discover that there are some kinds of hitches in withdraw, I will immediately lose interest in that casino.

That is about the casino and not about a casino that supports lightning network. Go and try Sportsbet or Livecasino and see how good lightning network is.

Quote from: _act_ on June 28, 2024, 06:51:56 AM

If I discover that there are some kinds of hitches in withdraw, I will immediately lose interest in that casino.
So, for the fact that I don't want complications in withdrawals I like to do all things on chain or use altcoins.

If I win big, I will use on-chain. But if it is small amount of money, I can use lightning network. I may not even withdraw it to wallet, I may withdraw it straight to an exchange and convert the bitcoin to my local fiat currency.

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Quote from: BABY SHOES on July 01, 2024, 03:09:01 PM

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.

In the end this is about business. It is what your customers want that you will implement. As a gambler, I will rather use altcoins than trying out LN in casino. Some casinos already have their deposit and withdrawal problems, I wouldn't want to add to the stress and confusion. In gambling, the most important thing that I look out for is seamless withdrawal. If I discover that there are some kinds of hitches in withdraw, I will immediately lose interest in that casino. So, for the fact that I don't want complications in withdrawals I like to do all things on chain or use altcoins.

_act_

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Lightning network is good with small amount of BTC

So far I haven't used LN in any case because maybe there are few LN enthusiasts, if I'm not mistaken, OKX and Binance exchanges accept LN, right?

Yes, definitely. BitMart, Kucoin and Coinbase also support it. Other exchanges like Paxful is also supporting it. Bitcoin decentralized exchanges like Bisq, Robasats and exch are also supporting it. I do not know why some people just like to against it.

Quote from: BABY SHOES on July 01, 2024, 03:09:01 PM

Yes that's right, most gamblers choose alternatives to altcoins rather than the Lightning Network even almost all altcoins are cheaper costs excluding the ETH network.

So far making deposits to casinos only TRX, USDT matic or polygon networks.

Lightning network can be of no fee at all if you open channel directly with someone. If you route the payment through other channels, the fee is low.

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Quote from: Coin_trader on June 28, 2024, 09:10:46 AM

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.

So far I haven't used LN in any case because maybe there are few LN enthusiasts, if I'm not mistaken, OKX and Binance exchanges accept LN, right?

Yes that's right, most gamblers choose alternatives to altcoins rather than the Lightning Network even almost all altcoins are cheaper costs excluding the ETH network.

So far making deposits to casinos only TRX, USDT matic or polygon networks.

_act_

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Lightning network is good with small amount of BTC

Quote from: DaNNy001 on July 01, 2024, 07:22:49 AM

I think you mismatched the Url arrangements in the link you wanted to provide and I have done it correctly for you maybe when you get this notification you can set it up yourself. Well about lightning network well I would like to say I really don't have much experience but all I know is that it's adoption has been slow maybe due to it complexity but just like you said I have also seen lots of exchanges supporting just that haven't really gotten the time to set it up and use it.

Thanks for the correction. I appreciate that. What happens is that most people just like the on-chain way for all transactions, including small amount. So they do not go for lightning wallet at all because of that but they will speak bad of it because they are not using it. If you use the wallet I listed on that thread like Phoenix Zeus, Mini or Aqua wallet, you see how lightning wallet can be easy to use after you fund your channel. Also some people like traders use lightning payment somethings on exchanges. I use it often than before, especially if what I want to use it for support lightning payment. My altcoins usage even reduced because of lightning network.

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Quote from: _act_ on July 01, 2024, 06:05:27 AM

Quote from: notblox1 on July 01, 2024, 05:49:53 AM

You dont have to be drunk to say all the nonsense like you did now Tongue

Lightning network is not private and it is not a mixer, but you can believe any fantasy you want.
I didnt hear anything positive about Lightning Network from anyone who tried to use it, only from shills who promote it.

I will not have to argue about this. But let me ask you a question. Have you read about lightning network before? About having a node and connect it with another person's node to create a channel? If you have not read it before, you need to read it and understand what bitcoin lightning network is because your posts are very wrong about it.

If you open a channel and you close the channel later, it is like a mixer because the transaction can no more be linked together. That is what I am saying.

I am using lightning network often. Exchanges like Binance, OKX, BitMart, Kucoin and Coinbase are supporting it. Here are some wallets that are supporting it: ⇾ Lists of open-source bitcoin lightning wallets
April

I think you mismatched the Url arrangements in the link you wanted to provide and I have done it correctly for you maybe when you get this notification you can set it up yourself. Well about lightning network well I would like to say I really don't have much experience but all I know is that it's adoption has been slow maybe due to it complexity but just like you said I have also seen lots of exchanges supporting just that haven't really gotten the time to set it up and use it.

_act_

legendary

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Lightning network is good with small amount of BTC

Quote from: notblox1 on July 01, 2024, 05:49:53 AM

You dont have to be drunk to say all the nonsense like you did now Tongue

Lightning network is not private and it is not a mixer, but you can believe any fantasy you want.
I didnt hear anything positive about Lightning Network from anyone who tried to use it, only from shills who promote it.

I will not have to argue about this. But let me ask you a question. Have you read about lightning network before? About having a node and connect it with another person's node to create a channel? If you have not read it before, you need to read it and understand what bitcoin lightning network is because your posts are very wrong about it.

If you open a channel and you close the channel later, it is like a mixer because the transaction can no more be linked together. That is what I am saying.

I am using lightning network often. Exchanges like Binance, OKX, BitMart, Kucoin and Coinbase are supporting it. Here are some wallets that are supporting it: ⇾ Lists of open-source bitcoin lightning wallets

notblox1

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Quote from: _act_ on June 29, 2024, 07:57:03 PM

Hope you are not yet drunk before making this post. You do not have to correct someone's posts with wrong information. You can go for your own node and channel. It is true that lightning transactions are private than on-chain transactions. In fact, if you have you own lightning node and channel, the transactions you make is like you are using a mixer.

You dont have to be drunk to say all the nonsense like you did now Tongue

Lightning network is not private and it is not a mixer, but you can believe any fantasy you want.
I didnt hear anything positive about Lightning Network from anyone who tried to use it, only from shills who promote it.

BitGoba

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Quote from: _act_ on June 29, 2024, 07:57:03 PM

Quote from: Agbe on June 29, 2024, 10:50:09 AM

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.

This is bullshit.
Lightning does not have private transactions.

Hope you are not yet drunk before making this post. You do not have to correct someone's posts with wrong information. You can go for your own node and channel. It is true that lightning transactions are private than on-chain transactions. In fact, if you have you own lightning node and channel, the transactions you make is like you are using a mixer.

I was talking about estimates of Lightning Network usage. We can't know how much the Lightning Network is used, as we can't see the transactions, who is sending to whom, and how much. The only indicator of actual Lightning Network usage can be the number of bitcoins locked in smart contracts on the Lightning Network. After all, why would someone lock up bitcoin, open a channel, and pay miners fees for opening and closing the channel if they aren't using the Lightning Network?

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

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!

Though I am not too good with Lighting network but I understand lighting network and the topic and the content of this thread. The Op is trying to know if there is any casino that uses Lightening Network. And I know that people who are using the network is not much so in that case the casinos that are using the network is not much as well but they are and some commentors have dropped links for those casinos.

Altcoin networks are not secure for transactions because they are highly centralized.

Lightning network is also centralized, so your argument for not using altcoins sucks.
I know some casinos wanted to add Lightning Network but it was so complicated and full of bugs in the process so they had to give up and instead added Litecoin and Doge.
I prefer Bitcoin, but I dont like Lightning Network and I use altcoins for lower fees.

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.

This is bullshit.
Lightning does not have private transactions.

Most people seem not understanding the concept and the content of the thread so they are saying things that are not related to the topic or the content. They think lightening network is a coin which a gambler select to deposit or withdraw. And I think BitGoba is one of them.

Bitgoba is a senior programmer with many years of experience, and rest assured, he understands the technical aspects of Bitcoin, shitcoins, and the Lightning Network better than most people on this forum. Additionally, in recent years, I have read several excellent economic books such as "The Bitcoin Standard," "The Fiat Standard," "Broken Money," etc., which have enabled me to understand Bitcoin from an economic perspective. I've gone down this rabbit hole, and now I understand what Bitcoin is and what a shitcoin is, but unfortunately, many still don't grasp this concept.

_act_

legendary

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Lightning network is good with small amount of BTC

Quote from: BitGoba on June 28, 2024, 07:52:32 AM

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.

This is bullshit.
Lightning does not have private transactions.

Hope you are not yet drunk before making this post. You do not have to correct someone's posts with wrong information. You can go for your own node and channel. It is true that lightning transactions are private than on-chain transactions. In fact, if you have you own lightning node and channel, the transactions you make is like you are using a mixer.

Saint-loup

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I'm sursprised that no one has named Bitcasino and Livecasino. They are ones of the biggest and most known crypto casinos of the industry. That's weird(or not really) nobody here is aware they are offering Lightning Network deposits and withdrawals. Those casinos are reputed to be highly safe, reliable and honest towards customers.
Empire.io is also offering such feature.

Findingnemo

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Bitcoin = Financial freedom

Quote from: _act_ on June 28, 2024, 06:51:56 AM

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

Running bitcoin nodes is not going to bring any considerable profit and there is a reason why people doesn't prefer LN on casinos cause it's suitable for TX with lesser amount or else they need to have huge channel capacity which is possible for the casino but it comes at a cost so they can simply choose the altcoin instead of LN for the sake of managing that is why we don't have LN deposits and withdrawals on most of the casinos.

And also I wonder it may interfere with their AML policies cause LN transactions are not onchain so it can be considered as anonymous so it's like asking for trouble when it not really needed.

Agbe

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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!

Though I am not too good with Lighting network but I understand lighting network and the topic and the content of this thread. The Op is trying to know if there is any casino that uses Lightening Network. And I know that people who are using the network is not much so in that case the casinos that are using the network is not much as well but they are and some commentors have dropped links for those casinos.

Altcoin networks are not secure for transactions because they are highly centralized.

Lightning network is also centralized, so your argument for not using altcoins sucks.
I know some casinos wanted to add Lightning Network but it was so complicated and full of bugs in the process so they had to give up and instead added Litecoin and Doge.
I prefer Bitcoin, but I dont like Lightning Network and I use altcoins for lower fees.

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.

This is bullshit.
Lightning does not have private transactions.

Most people seem not understanding the concept and the content of the thread so they are saying things that are not related to the topic or the content. They think lightening network is a coin which a gambler select to deposit or withdraw. And I think BitGoba is one of them.

notblox1

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Altcoin networks are not secure for transactions because they are highly centralized.

Lightning network is also centralized, so your argument for not using altcoins sucks.
I know some casinos wanted to add Lightning Network but it was so complicated and full of bugs in the process so they had to give up and instead added Litecoin and Doge.
I prefer Bitcoin, but I dont like Lightning Network and I use altcoins for lower fees.

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.

This is bullshit.
Lightning does not have private transactions.

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

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

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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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

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: Charles-Tim on June 27, 2024, 01:43:49 PM

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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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

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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Do not die for Putin

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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Jack of all trades 💯

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

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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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.

Charles-Tim

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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.

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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yesssir! 🫡

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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