The difference between regular transactions done with bitcoin getting hard for adoption but easier for casino is obvious. The difference is you can pay your groceries with fiat with no problem at all and it wouldn't matter if it was bitcoin neither, its not a "secret" thing you do.
Nevertheless casinos are both illegal in many places which bitcoin makes easier to gamble but also many people even if legal wants to keep it at a legit rate where casino doesn't scam them. That is why it is not really that easy to adopt bitcoin on stuff like lets say a book store (which still could happen but harder to happen) compared to a casino which bitcoin is the clear better option, not only its viable its also better.
Blockchain just makes things a lot easier and a lot better for many gamblers.
Topic: BLOCKCHAIN. The Future of Online Casinos? ✅ - page 2. (Read 12206 times)
I think it's just more simple to create an online casino based on blockchain, cause it gives more opportunities for your users.
Well, that's true. Personally, I'm playing in CryptoGamble - casino which is also based on blockchain. Admittedly, I'm into its affiliate program but in respect of my experience - it's doing well, I don't have any problems with that platform
Blockchain seems to be the future. It would take over the traditional system in which we use to transfer money and why to also the casino sector.
But I feel this would create a better and more genuine atmosphere in the gambling industry which is notorious for dishonesty and fraud
But I feel this would create a better and more genuine atmosphere in the gambling industry which is notorious for dishonesty and fraud
I think looking stuff like pokerstars that is already big and can't really be put into blockchain shows a bit that there is still a future for online gambling world that will not turn into blockchain. Even in bitcoin world poker games are not getting that much attention compared to casino games because they are not fully blockchain and only connection they have to blockchain is that they allow bitcoin deposits and that's it. That is why if we are talking about games like dice and roulette and plinko then yeah blockchain could be the future for sure but if we are talking about sportsbooks and poker then it will not be as blockchain as you may think in the future.
Obviously, that could change in a day if someone finds a way to implement blockchain fully into those games but until then blockchain is limited to only some games.
Obviously, that could change in a day if someone finds a way to implement blockchain fully into those games but until then blockchain is limited to only some games.
That's why we resemble blockchain a lot like internet. Normally internet got bigger and bigger and its even getting bigger every single day. It allows all information to be shared globally and it allows people from all around the world to talk to each other.
Now, blockchain allows that to be in finance too, when internet got bigger the applications on phones, the websites of banks and everything in between allowed people to digitize their banking systems however money itself was still the money we all know, blockchain managed to make that global too. Of course, that allowed gambling to be part of it pretty quickly, probably after exchanges it was the first thing people created for bitcoin and it has been playing a HUGE part in development of bitcoin for the past 6-7 years.
Now, blockchain allows that to be in finance too, when internet got bigger the applications on phones, the websites of banks and everything in between allowed people to digitize their banking systems however money itself was still the money we all know, blockchain managed to make that global too. Of course, that allowed gambling to be part of it pretty quickly, probably after exchanges it was the first thing people created for bitcoin and it has been playing a HUGE part in development of bitcoin for the past 6-7 years.
Blockchain help us to connect as one all over the world. It helps us to gamble even in our house. It may be the future online casinos but I think it should be regulated worldwide. Unless illegal gambling will spread all around the earth. But remember, to much gambling is a bane. It makes people poorer and poorer. Be wise!
The application of block chain is useful in terms of online casino. The fast transaction in terms of payment the fact of being an anonymous if the player wants to but all of this depends on the casino itself.
Transactions are anonymous yes but once you send something on a casino which requires you KYC to be fully verified then you are not gambling anonymously anymore. kYC casino should learn from old gambling casino which are still running today without a KYC.
The application of block chain is useful in terms of online casino. The fast transaction in terms of payment the fact of being an anonymous if the player wants to but all of this depends on the casino itself.
"Starting" a blockchain casino is simple yes but making it different from others is the big challenge. I remember years ago there was some help from moneypot company to create your own dice website. They were the "main bankroll" for many other casinos and they actually allowed you to start your own website and even give out faucet for free to your users so you can do better marketing and all they asked for is to use their own bankroll for your casino which was awesome for people with no money since every time people lost money you got something in return (there was difficult calculations I can't remember).
So, after a while I decided to use their system and you get a blank dice website in like 10 minutes easily even with a github, however making it better and bigger was so impossible compared to all other awesome websites I quit after a week of making barely any improvements compared to all big ones.
So, after a while I decided to use their system and you get a blank dice website in like 10 minutes easily even with a github, however making it better and bigger was so impossible compared to all other awesome websites I quit after a week of making barely any improvements compared to all big ones.
I think it's just more simple to create an online casino based on blockchain, cause it gives more opportunities for your users.
Yes, since it is simple to create a online gambling casino , many people are misusing it to create scam casino and run away with people money. Although it is a blessing to have online casino to play gambling but at the same time, i have seen a lot of people complaining about it as many sites owners develop online casino to get people money and also do not provide probably fair games.
I think it's just more simple to create an online casino based on blockchain, cause it gives more opportunities for your users.
Yes, since it is simple to create a online gambling casino , many people are misusing it to create scam casino and run away with people money. Although it is a blessing to have online casino to play gambling but at the same time, i have seen a lot of people complaining about it as many sites owners develop online casino to get people money and also do not provide probably fair games.
Almost-instant deposit and withdrawal times, smaller fees, and fully transparency have made blockchain ideal for gambling!
CasinosBlockchain.io is a website with news, analysis and interviews regarging online casinos with blockchain technology and cryptocurrency gambling!
Detailed reviews:
blockchain based casinos
- Edgeless (Blackjack, Dice)
- Trueflip (Lottery)
- Primedice (Dice)
- OneHash (Mutual Sports betting, Dice, Slots, Moon)
bitcoin casinos
- 1xBit
- Bitstarz
- MBit
- Cloudbet
- Slip Roulette
- Bitcasino
Interviews:
- Edgeless.io COO
- Funfair.io CEO, Jez San
Unfortunately the recent discussion have move away from the main topic and post, this thread was created to give a website that do blockchain base casino with instant deposits and withdrawal's and the mean site is not even opening at the moment. But from the little list the ops have made I think he did a good job just that we can not access the site to see the full body of the interview. CasinosBlockchain.io is a website with news, analysis and interviews regarging online casinos with blockchain technology and cryptocurrency gambling!
Detailed reviews:
blockchain based casinos
- Edgeless (Blackjack, Dice)
- Trueflip (Lottery)
- Primedice (Dice)
- OneHash (Mutual Sports betting, Dice, Slots, Moon)
bitcoin casinos
- 1xBit
- Bitstarz
- MBit
- Cloudbet
- Slip Roulette
- Bitcasino
Interviews:
- Edgeless.io COO
- Funfair.io CEO, Jez San
Weird how a review websites topic turned into a place where people discuss the topic they were talking about. I mean I am not against it since this is a forum and anyone can write whatever they want anywhere (while facing consequences of it if there is any) so its freedom of speech that we write here about blockchain.
On the plus side, website probably doesn't dislike this issue since they are literally getting their topic at the top all the time because of people who literally thought this was a question for them. They must be getting more and more visitors thanks to people who write here. Personally if I have to answer the question at the topic name, I would say yes. Blockchain makes sure the online casinos are not rigged and that is a huge solution to questions people have about online casinos.
On the plus side, website probably doesn't dislike this issue since they are literally getting their topic at the top all the time because of people who literally thought this was a question for them. They must be getting more and more visitors thanks to people who write here. Personally if I have to answer the question at the topic name, I would say yes. Blockchain makes sure the online casinos are not rigged and that is a huge solution to questions people have about online casinos.
I think it's just more simple to create an online casino based on blockchain, cause it gives more opportunities for your users.
I think the opportunities will comes to you because you can get more money if you can attract more visitor to come to your website.But that is not easy because you need to make a promotion about your site so they can visit and try to be your member and they can deposit their money to start playing the games.
Blockchain could be the future of online casinos since blockchain gives a simple and fast transaction than the banks and the best is, blockchain doesn't need verification to make a transaction.
I think it's just easier to create an online casino based on blockchain, cause it gives more advantages for your users. For example - =https://www.cryptogamble.com/casino?category=LivecasinoCryptoGamble is such platform, but it's really important to keep up with other platforms too. Blockchain might be really cool for gambling, but we shouldn't think that it's the only way.
The potentials of blockchain technology if fully deployed on casino online will sanitize that means of gambling and decentralized their system, Any forms of manipulation will totally be eliminated, of course I am optimistic and very sure online casinos providers must have been considering introducing blockchain technology so as bring credibility and trust while jettison the usual or common practice of centralized system.
Blockchain always supports cryptocurrency, not only does cryptocurrency have a lot of big thinking. Always want to know how cryptocurrency can be brought to all people. If the Blockchain company starts thinking about gambling completely, then I am sure that a new thing is going on in the world soon after. I immediately saw the Primedice website, I found it pretty good.
The online gambling is one of the most promising industries. However, gamblers are subjects to several issues such that regional-restrictions, time, manipulation and even hack. On the other hand, gambling websites are also under the threat of fraud, hacks and huge monetary transaction fees due to third-parties. Nevertheless, blockchain technology has great potential to revolutionize the gambling industry.
I think some of the items you mentioned that gamblers are endangered to are the likely reason that casinos and gambling site are trying to introduce some security measures in the form of KYC but most gamblers feel is a delay especially when trying to make withdrawal but it is a protection.
Almost-instant deposit and withdrawal times, smaller fees, and fully transparency have made blockchain ideal for gambling!
CasinosBlockchain.io is a website with news, analysis and interviews regarging online casinos with blockchain technology and cryptocurrency gambling!
Detailed reviews:
blockchain based casinos
- Edgeless (Blackjack, Dice)
- Trueflip (Lottery)
- Primedice (Dice)
- OneHash (Mutual Sports betting, Dice, Slots, Moon)
bitcoin casinos
- 1xBit
- Bitstarz
- MBit
- Cloudbet
- Slip Roulette
- Bitcasino
Interviews:
- Edgeless.io COO
- Funfair.io CEO, Jez San
Yes, blockchain is the future for online betting cause making payments are really fast and you wouldn't have to wait that long ,but if I was betting offline I am not going to make use of cryptocurrencies, there is other digital payments I can make use of ,even bank transfer is best for me when it has to do with betting offline.but as for online betting , then I can decide that I want to make use of cryptocurrencies, especially Bitcoin which is the best. CasinosBlockchain.io is a website with news, analysis and interviews regarging online casinos with blockchain technology and cryptocurrency gambling!
Detailed reviews:
blockchain based casinos
- Edgeless (Blackjack, Dice)
- Trueflip (Lottery)
- Primedice (Dice)
- OneHash (Mutual Sports betting, Dice, Slots, Moon)
bitcoin casinos
- 1xBit
- Bitstarz
- MBit
- Cloudbet
- Slip Roulette
- Bitcasino
Interviews:
- Edgeless.io COO
- Funfair.io CEO, Jez San
I have a question, are they based on the Provably Fair or do they simply use some kind of Artificial Intelligence technology that is currently being developed for the games? I say this because I want to know what method they use on the site, since many friends have told me they prefer artificial intelligence systems, because they are more likely to win in the game.
Artificial intelligence systems have long been on many sites including gambling. However, it should be remembered that the percentage of winning is set for the sites with games and it never decreases. This is strictly followed by a special authority that issues the game certificate of the site.
AI is something that is basically equal to "machine learning" at this stage and not something that can think for itself, it just learns and not thinks, that is why gambling is not really an option. Of course it can play a billion hands of poker and learn how poker is played but it is definitely not going to be great against any game with house edge at all, it needs to be something that has humans on the other side and not another machine.
This is very true, does this mean that the systems that can be used by a bot is similar to the software used in a traditional casino? Taking it to a context where you have the same opportunities for players with the advantage of the house, it is very likely that when playing and other users are at the same time, the probabilities for users tend to increase, this is because my experience in traditional casinos, when playing against the software, without the presence of many people, the probability of losses is almost 80% (Statistics that I got under my experience) because in a bot, the Provably Fair system is usually with much information and would require almost a very large database to run, unless you have backups from many servers to execute them, which, I think is very safe, to defend against any accusation.
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