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Topic: Crypto gambling? - page 4. (Read 542 times)

jr. member
Activity: 98
Merit: 4
Peculium.io
February 12, 2018, 06:51:33 AM
#11
While it sounds always exciting to double your coins by gambling, you have to consider that the vast majority of gamblers loses in the long-term and the casino always wins.
I don't see a big difference between gambling with cryptocurrencies or fiat. Besides anonymity maybe.

That's a good point but then again, investing can also be seen as a form of gambling.

But yeah, if someone wants to waste their money, they can just waste it on casinos. The house always wins.

True, but is the stock market gambling too? And when you invest into crypto, there is no "house" that would want to win.
member
Activity: 111
Merit: 100
February 12, 2018, 06:49:02 AM
#10
Are you jealous of the creators of online casino games on a platform with cryptocurrency ? This is a great idea among gambling people who love freebies , and they will raise huge amounts of money on this , for which i give them their due . And can someone throw off a couple of links to these games ?
sr. member
Activity: 644
Merit: 250
February 12, 2018, 06:47:19 AM
#9
Have you heard about this?

Basically online gambling / casinos for cryptocurrency. Would you ever consider it? Do you think it's completely pointless and just harms the crypto reputation? Thoughts?

Personally I think it's the exact same as gambling with fiat, so I don't really see the point in it.
I do not think too much about the popularity of crypto, gambling platform is always attract investors but because it is too much ico in this field, gambling is not so interesting.
jr. member
Activity: 182
Merit: 1
February 12, 2018, 06:46:33 AM
#8
While it sounds always exciting to double your coins by gambling, you have to consider that the vast majority of gamblers loses in the long-term and the casino always wins.
I don't see a big difference between gambling with cryptocurrencies or fiat. Besides anonymity maybe.

That's a good point but then again, investing can also be seen as a form of gambling.

But yeah, if someone wants to waste their money, they can just waste it on casinos. The house always wins.
member
Activity: 420
Merit: 10
February 12, 2018, 06:44:11 AM
#7
All crypto gambling site will scam you in long therm. It say fou what all fair, but you never know how exactly settings maded
jr. member
Activity: 98
Merit: 4
Peculium.io
February 12, 2018, 06:42:09 AM
#6
While it sounds always exciting to double your coins by gambling, you have to consider that the vast majority of gamblers loses in the long-term and the casino always wins.
I don't see a big difference between gambling with cryptocurrencies or fiat. Besides anonymity maybe.
jr. member
Activity: 182
Merit: 1
February 12, 2018, 06:40:06 AM
#5
I can see it being fun, despite all its risks. But then again, will depend on the amount of fees and the legality and so on.
member
Activity: 196
Merit: 10
The Experience Layer of the Decentralized Internet
February 12, 2018, 06:32:52 AM
#4
I think that the gambling of cryptocurrency is simply to avoid the regulation of the law, so there may be more black curtain.
But if blockchain and gambling can be combined, it will make gambling more public.
newbie
Activity: 182
Merit: 0
February 12, 2018, 06:32:06 AM
#3
Why not just gamble with fiat? Seems more direct, safer, fewer fees, etc.
newbie
Activity: 182
Merit: 0
February 12, 2018, 06:21:34 AM
#2
A lot of crypto-based casinos/lottos/betting platforms are coming to cryptoworld via ICOs. Personally, I think that blockchain is one of the best environments for that sort of projects. A lot of countries are regulating gambling so much, that even if you want to make a bet they will ask your identity card to mark how much you are staking. Either if you are good at betting, they won't let you make big stakes, what is unfair i think so.

P.s. I'm talking about Europe's markets.

I don't think most people would be ok with providing their identity, especially for gambling.

Either way, as fun as it might seem to 10x your coins by gambling - I think it'll be more or less pointless. Especially considering the fees, since you can't make big stakes like you said and so on.
newbie
Activity: 168
Merit: 0
February 12, 2018, 06:08:29 AM
#1
Have you heard about this?

Basically online gambling / casinos for cryptocurrency. Would you ever consider it? Do you think it's completely pointless and just harms the crypto reputation? Thoughts?

Personally I think it's the exact same as gambling with fiat, so I don't really see the point in it.
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