Crypto betting vs Fiat betting - page 3.

Fatunad

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Quote from: alegotardo on January 12, 2022, 06:52:48 PM

Quote from: Odusko on January 12, 2022, 04:10:20 PM

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.

It depends....
If you already have cryptos, bet on cryptos because it will be safer and faster than converting them to Fiat. Likewise, you will also be able to withdraw your crypto earnings anonymously from many sites (which don't require KYC).

But if you choose Fiat, the number of sites you can bet on increases a lot, especially for sports and championships that aren't very popular.

All matters with someones preference because not all would really be minding about kyc and still do proceeds to play no matter what but for those people who do really mind off about anonymity then crypto would
be the best option but if not then fiat casinos will be your choice.This is where people do mainly prefer on basing on their needs and preference.Choices would be on personal preference
and we do have lots of legit and reputable gambling sites in crypto market.You do just need to search up.

alegotardo

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Quote from: Odusko on January 12, 2022, 04:10:20 PM

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.

It depends....
If you already have cryptos, bet on cryptos because it will be safer and faster than converting them to Fiat. Likewise, you will also be able to withdraw your crypto earnings anonymously from many sites (which don't require KYC).

But if you choose Fiat, the number of sites you can bet on increases a lot, especially for sports and championships that aren't very popular.

batang_bitcoin

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Quote from: samcrypto on January 12, 2022, 05:25:52 PM

Some site doesn’t have fiat option especially if its on crypto gambling site so technically, crypto is the best option for you and it will also depend on which crypto is available on the site you are using. The odds are still the same though even if you use different crypto I guess, so it doesn’t matter just choose the crypto that is less in fees.

If casino is a wholly crypto casino they won't be really having a withdrawal/deposit method for fiat. While the fiat casinos, usually, they're focused in fiat too.
They don't have the choice or option to give to their customers in crypto. But I guess in the near future, majority of them are going to support both deposits and withdrawals to have various choices for their customers.

magneto

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Quote from: Odusko on January 12, 2022, 04:10:20 PM

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.

In terms of speed, crypto deposits/withdrawals are unbeatable.

Fiat sportsbetting often have long wait times for deposit especially when you're dealing with bank transfers.

However, I think that odds wise you are likely to get better odds on fiat betting exchanges like Betfair. It's not a big difference overall, but it still adds up over time.

Smartvirus

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They both are almost the same thing. They follow same betting principles which deals about winning or loosing and probabilities. It only comes with certain differences in the sense of convenience. Which is most convenience to you as a gambler. From understanding cryptos and how to actually fund your bet account to making withdrawals on wins. Now, fiat betting could be a little easier for some users because, its everything traditional and may not necessarily require much of a know how. Cryptos, you might need to calculate the fiat equivalent of what your staking but, fiat's doesn't need non of that. Again, your funds or winnings in a crypto bet appreciate with the price change in the market but fiat has got non of that. In the end, its really up to a gambler on which to prefer.

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Quote from: Odusko on January 12, 2022, 04:10:20 PM

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.

When the investment was made in the form of fiat, the profit from it will be moderate. But the same will be double or triple when the investment made on the crypto. With that when you get the payments in crypto, you can earn additional from it by just holding it.This was the major difference between crypto and fiat.You should use the crypto on betting of football matches. I will assure that, you won't get disappointed by this move. Most of professional bet was happening like this now.

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Quote from: Odusko on January 12, 2022, 04:10:20 PM

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.

Use whatever is more convenient for you, if you have cryptocurrencies then use them and if you have fiat then use it as well, there is no point in trying to convert your money from one currency to the other as you will just be charged fees and lose some money in the conversion that you are not going to recover, now if you are looking for ways to gamble anonymously then without a doubt gambling with cryptocurrencies is way better than to gamble with fiat by a wide margin.

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Quote from: samcrypto on January 12, 2022, 05:25:52 PM

Quote from: Odusko on January 12, 2022, 04:10:20 PM

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.

Some site doesn’t have fiat option especially if its on crypto gambling site so technically, crypto is the best option for you and it will also depend on which crypto is available on the site you are using. The odds are still the same though even if you use different crypto I guess, so it doesn’t matter just choose the crypto that is less in fees.

the advantage of using crypto for most reputable bookies here is that you don't need to submit kyc. and they have pretty good list of alts other than btc. if he wants fast, you can usually find TRX, XRP or LTC with very minimal fees. so yes, even if you use different alts, the odds remain the same, so it is up to the player which alt he is comfortable to play with.
the downside of fiat betting is the compulsory KYC especially if you are using your credit/debit card or any third party financial services.

uneng

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Quote from: Odusko on January 12, 2022, 04:10:20 PM

Which one is more secured and fast for inline usage.

As some crypto casinos don't ask for KYC you may feel more secured when betting with bitcoin or altcoins, if compared to fiat casinos which will be attached to your credit card or banking personal informations. And regards agility of the transactions, well, it will depend on the current conditions of the network, but it usually doesn't take too long to have a deposit or withdrawl finished, at least taking Stake.com as example. Another positive point is that the cashout fees aren't expensive. For the reasons presented I think crypto gambling is totally advantageous for gamblers that fiat betting isn't missed in anyways.

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Quote from: samcrypto on January 12, 2022, 05:25:52 PM

Quote from: Odusko on January 12, 2022, 04:10:20 PM

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.

Some site doesn’t have fiat option especially if its on crypto gambling site so technically, crypto is the best option for you and it will also depend on which crypto is available on the site you are using. The odds are still the same though even if you use different crypto I guess, so it doesn’t matter just choose the crypto that is less in fees.

There are several types.

-Pure crypto casino/betting site
-Pure fiat casino
- Fiat casino accepts crypto payments
- Crypto casino accepts fiat payments

or could be changed off.Expect that there would be KYC involvement into those fiat betting sites which is already expected.

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Quote from: Odusko on January 12, 2022, 04:10:20 PM

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.

Both can be of advantage depending on what you think. Some say it's fiat because they might not want to spend their crypto and some will say that it's crypto because it's easier and convenient. You bet with any of your choice based on what you think.
But if you prefer to gamble with cryptocurrencies, choose the crypto that you think you're good at spending so that you won't feel the regret that you should haven't gambled with that crypto because you're feeling precious with it.

samcrypto

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Quote from: Odusko on January 12, 2022, 04:10:20 PM

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.

Some site doesn’t have fiat option especially if its on crypto gambling site so technically, crypto is the best option for you and it will also depend on which crypto is available on the site you are using. The odds are still the same though even if you use different crypto I guess, so it doesn’t matter just choose the crypto that is less in fees.

paxmao

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I think that using crypto has very large advantages over using fiat, and very little inconveniences. Among the advantages, the electronic transfer is fantastic and the fact that you get the prices in crypto is attractive for many users. Also, you still can keep you holdings even if they are in the casino account, which is also good to catch the bitcoin ups when they come. One possible disadvantage is that bitcoin and other may be expensive to move sometimes.

Hydrogen

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Nothing is better than gambling with a cryptocurrency in a bull market. It guarantees gains even on inactivity. And can add considerable compounding interest on top of winning wagers.

Gamblers generally being a bit skittish. They usually prefer crypto with fast payouts, due to crypto being relatively new. And fearing scams.

Fiat being the tried and true traditional option. Gamblers feel safer and more stable using it.

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Quote from: Odusko on January 12, 2022, 04:10:20 PM

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.

Personally I am betting more with FIAT since I use exchange betting and just few bets are placed with crypto despite I love using crypto currencies.The real difference is not on your currency but in bookmaker you're using and option that they provide for your bets.

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Quote from: Odusko on January 12, 2022, 04:10:20 PM

What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.

Depends into your choice!

There are bookies which you could directly make bets via crypto or wouldnt really need to make out some conversion to fiat.We know that these platforms dont ask out KYC compared
into those fiat bookie which is a typical thing for you to comply on.

Your choice as where you do find yourself comfortable and if you dont mind volatility then go with crypto betting but if not then stick to traditional ones
as simple as that.

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This will be on your choice. You can not have crypto and first think to convert to fiat before betting, it will be good to use crypto directly to bet. If the market has gone down significantly some people will prefer crypto to bet in case the gambling site do not use fiat balance but instead crypto balance. I have liked the two and I use the two but I am getting to like crypto than fiat.

Odusko

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What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.

Topic: Crypto betting vs Fiat betting - page 3. (Read 306 times)