Topic: Crypto casinos pros and cons - page 2. (Read 943 times)

Playing on a crypto casino do really have a pros and cons but that will depend on the individual since he is the one playing on it. But for me, at times like this, we can witness the pros of using crypto casino for (1) it obviously promotes crypto usage which enables people to adapt cryptocurrency usage. (2) crypto casino provides convenient gaming experience specially at times like this that we are in a pandemic and casinos are temporarily closed because of the implementing lockdown. I think the cons of crypto casino varies on every individual but I think the most common issue whether it is crypto gambling or using fiat is the case of being addicted which can be resolved by having self-discipline and self-control. Anything do always have bad sides but that will only depend on the perception of every individual.

That will solely depend on the individual, if a person is so irresponsible then he will be addicted easily and he might ruin his life in just a very short period of time. Gambling addiction is like a disease that will not only destroy our finances, way beyond as it could also destroy our life in general.

This is something that we should not allow to happen to ourselves, therefore prevention is always very important.

With the easiness of playing online gambling, people can turn into addicting without taking any longer because they are playing gambling at their home, at any places they want, they don't have to go to the casino. The addiction will become bigger once they tempted with the prize on the gambling website, so that makes them spend more money.
We need to know the advantage and the disadvantage, so we know how to prevent.

The convenience of anonymity can be abused by minors creating more gambling addicts. We all know that sever gambling addiction can cause other problems like alcohol problems, drugs, crime and etc. Both gambling form has its own advantage and disadvantages.

Lots of differences that we can see between the two if we do try to nitpick each one of them thats why lots of people do consider out to play with crypto just because of that sole reason

but there were still who do just stick out into things on where they've been used to.So its a matter of choice on where we do suit out but in most cases, crypto gambling will really give out all

the features that a gambler do like.I cant see any negative or cons with these places though aside from possible scamming of gambling operators.

The main disadvantage of crypto casino to fiat money based is the anomity that some of the crypto casino now requires to do KYC, in which defeats the purpose of gamblers that would like to play in crypto casino.

I don't think that the services that enable us to gamble with cryptocurrencies generally have no disadvantages. Especially, it has easier usage compared to physical casinos, creating an opportunity to gamble anonymously, fast money transfer with crypto coins and various other advantages. On the other hand, as long as you use reliable services, it is important to keep in mind that there is a huge advantage such as not having any problems. In addition, these kinds of services often run very lucrative promotional campaigns to attract users and accustom people to digital gambling services. We do not often see such campaigns in physical casinos.

That is my biggest problem with some casinos as well, know your customer policies are very troublesome for those that want to maintain their privacy, and while I do not have a problem with a casino that states outright that they need for you to go through that process so you can begin to gamble it really bothers me when casinos allows you to gamble as much as you want but then when you want to withdraw your money they force you to go through KYC if you want to recover your money.

Power?
You don't need powers to do that. It's your will that can make you do that, there's no such as special thing that you need to have just to stop yourself from preventing huge loss.

Pros
1. Online casinos can be accesed at the comfort of your home, no hustle and bustle to travel to a physical casino. Convenience is the best selling point here.
2. You can play as low as 10$, no need for deposits like chips where you can't spend when you get out of the casino.
3. There are so many games you can play at the casino but you do not have the time to look for them but luckily online casinos organizes the games you can play on and you will not spend time to find that poker table in a maze-like casino.
4. The site owners cares for their patrons by givng them rewards for playing at their site, the rewards varies per site but all of the rewards are enough to keep a patron or two.
5. Privacy is offered to people who does not want to share their gambling activities to other people, good thing about that is the site takes care of that for people who wants the comfort of privacy while gambling.

Cons
1. With the convenience being catered by the online casino is a double-edged sword, on one hand is easy access but on the other means that anyone can gamble, the site can't monitor the age of the player so that will mean that online gambling will be a hotbed for minors gambling.
2. Without the physical contact, chances are high that the site you might be playing will have a rogue that rigs the games making it favorable to the operator and without the players knowledge, they can get off scot free.
3. The appeal of physical touch is lost, it may not be a problem for many but there are others who want that sentimental feeling while gambling.
4. Legal issues are a problem for some sites because they are expected to pay their taxes, and to make sure that they are not promoting illegal gambling.

That's what we must do in gambling. But unfortunately, many gamblers could continue to playing another gambling games because they want to get their money back, which is not easy as it says. Setting the limit will be one thing that can prevent us from the big loss, and if we have the power to do that, I am sure that we don't have to lose much money.

Always have future insight in order to avoid making big mistakes and losing your funds, if you have good outlook and you prepared yourself before playing the game. People who wanted to stay positive from this industry needs to learn how to acknowledge both pro and con while staying inside the house. With your good understanding converting things to potential beneficial journey always possible to achieved.

careful because some crypto wallets does the same too . i hear many users complain that thier wallet hold the funds and some block thier accounts due to gambling . just make sure to check the tos of the wallet that you use   .  crypto itself is anonymous or decentralized but not really the company or the business that sourunds it  .  i cant think of other disadvantage but i can only see that crypto casinos have more advantages   . i already play both offline and online but i do more like online crypto casinos  

Definitely that's what a responsible gambler should do, he set a limit, when you lose it all he stop, very simple.
Also, we should talk about winning although gamblers does not win most of the time because its necessary to learn how and when to stop when you are winning.

So before a gambler starts playing online, he should set his limit, the funds that he will gamble. Once it is depleted, no more refill, time to sleep or eat. A responsible gambler should know how to fight his inner demons. Think of possible worst scenario if you will continue playing outside your limits, like no more food, you can't pay the rent or mortgage, etc. You should remember those things before breaking your rules.

I think the disadvantage of online gambling over fiat gambling would be committing human errors such as mistakingly adding additional values on your bet. As mentioned, too much convenience and comfort might be a con for online gambling. People will have no limit on gambling and doing other things such as drinking, longer gambling time since you are gambling at the convenience of our own home. This could lead to further addiction, sleep deprivation, health issues and a lot more.

There is nothing we can do with that if they are telling the truth, but if not, we can still get our money but I think the process would not be easy, that's what you called an exit scam and it could happen to any casino, may it be reputable or not.

There's a lot more than that. For example: if the casino goes offline and just announce that they got hacked and steal your money then, you just lost there and it's one of the disadvantages and lot of casino until now are doing that! And some casinos are offering bonus which make your balance be trapped at their websites. Crypto casinos have many disadvantages you just need to pick the reputable and legit one to avoid those kind of scheme and avoid losing your money.

everyone has money and each banknote each crypto money so this is an opportunity for us to invest in digital currency playing casino online with crypto more people who can't go out of the house where people can play in the room and relax

 here on forum ? well not all here are gamblers but some are on the forum or on the gambling section rather because they are only being paid to post while some just likes to lurk on here  and the rest are legit gamblers even if they carry a signature gambling on thier profiles   . you are right , the two words that you said are the main features or advantage of playing with crypto on gambling  .  i also like to add profit  . we can earn an extra profit while waiting for withdrawals or while still playing on a gambling site because the price continous to grow some times but its disadvantage is that it can also decline