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Topic: Crypto Gambling Weekly - page 4. (Read 855 times)

legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
February 22, 2021, 11:09:08 PM
#48
Not really, although gambling looks popular but in fact not everyone really likes gambling and even though they talk about gambling, they are not really gambling or just gambling in their own circle. So I think bitcoin is not just about gambling and this looks big because we are at least active in bitcoin gambling every week, so we assume bitcoin will get bigger as the world of gambling develops.
sr. member
Activity: 1988
Merit: 283
February 22, 2021, 10:49:29 PM
#47
This is a good idea since crypto users constantly increasing time on time. And you can help them actually to find new way to make a profits through safe gambling sites.  But i suggest check very carefully when it comes providing a gambling site on this thread, cause you know not all on this industry are legitimate.. So you must visit the Scam accusation thread on this forum so that you have an information what are the good and bad sites when it comes to gamble.. This forum can tell you the truth men, so you must explore more..
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
February 22, 2021, 10:16:25 PM
#46
So that's like a news center? Nice.

Bitcoin should be the innovation of online gambling but when you think about the withdrawal fees, it will just hurt you so bad.
$20-50 converted in different gambling website. That could have been a one day bet for some gamblers.
I'd rather stick with Ethereum or if there is another option like XRP I might choose that.
It had been always the exit which is the main problem. It's just too expensive.
legendary
Activity: 3094
Merit: 1127
February 22, 2021, 07:50:36 PM
#45
~
Besides want privacy, people want to use different currencies besides using fiat money. They can still use fiat for something in their real life while using crypto to gamble. If they can manage how they use their money, they will not have a problem with using fiat and crypto for their life. But the privacy will be one thing that they concern about because by using crypto, they don't have to verify their account to just playing gambling. The Crypto gambling business will grow because of the use of crypto, making cryptocurrency popular.
The problem with playing unverified in a gambling website is that the gambling website can use it to their advantage by locking the user out of their account if they were to ever win something big, it is a pretty prevalent issue right now. I don't think that it will be easy for a gambling addict to manage their money, they are the worst kind of people that will have money land on their hands. I was once told of a murder of someone who was a gambling addict who owed so much money that there is no way that that person could pay it. Hopefully, not only gambling will make cryptocurrency popular but also bitcoin as it is.
Not really that bad to test out waters but only on small amounts of money for you to play specially if you are dealing with new gambling sites and even those popular websites
at the moment did really start on being a newbie site but do able to build up their reputation as the years passed.This isnt something that can be attained for a short time.
Gambling industry did really give out some impact or awareness of bitcoins existence, it is being advertised in other social media platforms out there
and its quite rampant or evident, it might not be solely for that reason but at least we can see that it can be applied into numerous industries.
sr. member
Activity: 1120
Merit: 438
https://bitcointalk.org/index.php?topic=5274318.0
February 22, 2021, 09:32:10 AM
#44
nice website, so we BTCGosu and BitEdge now for gambling website reviews on this forum.

crypto gambling website allows us to register and play from a restricted country. but when it comes to withdrawing a big amount of money, some gambling companies need to double-check their user.

bitcoin had been a medium for restricted or illegal transactions for a long time. I believe this is very segmented to some people/community only. IMO, e-commerce, marketplace, or payment gateway/service, might be the main catalyst for bitcoin to be widely adopted.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
February 22, 2021, 01:52:31 AM
#43
~
Besides want privacy, people want to use different currencies besides using fiat money. They can still use fiat for something in their real life while using crypto to gamble. If they can manage how they use their money, they will not have a problem with using fiat and crypto for their life. But the privacy will be one thing that they concern about because by using crypto, they don't have to verify their account to just playing gambling. The Crypto gambling business will grow because of the use of crypto, making cryptocurrency popular.
The problem with playing unverified in a gambling website is that the gambling website can use it to their advantage by locking the user out of their account if they were to ever win something big, it is a pretty prevalent issue right now. I don't think that it will be easy for a gambling addict to manage their money, they are the worst kind of people that will have money land on their hands. I was once told of a murder of someone who was a gambling addict who owed so much money that there is no way that that person could pay it. Hopefully, not only gambling will make cryptocurrency popular but also bitcoin as it is.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
February 22, 2021, 12:25:28 AM
#42

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Thanks!

If look at new and old gambling sites using Bitcoin as a payment method, it can be said that. For now, gambling sites are the main ones in rapidly adopting Bitcoin, very different from other businesses that have not or are doubt to use BTC, maybe the reason why many gambling sites accept BTC or crypto because can make players safe because don't need to reveal their personal identity when use it.
sr. member
Activity: 1414
Merit: 326
February 22, 2021, 12:10:01 AM
#41
The demand for crypto gambling will continue to grow but it does not apply to fiat's currency is confined to one place and it is very difficult to make a profit here crypto gambling is a kind of addiction and many people play it through entertainment. Crypto gambling sites are improving a lot through blockchain every gambler has a great way of betting crypto gambling protects every gaming site, and its slots no one knows the details of crypto gambling and everyone makes the game great.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
February 21, 2021, 11:38:38 PM
#40
Thats how crypto been widely used. As bitcoin and other altcoins has been made not only for crypto payments, blockchain purposes but also can be used for gambling/gaming purposes.

Also, crypto gambling websites tend to reach some players even on their homes by betting on sports, playing some casino slots and other games thru crypto coins. This innovative offers frictionless gaming for players. Not only that but it can also promotes great use and purpose for cryptocurrency.
More people want privacy when they are gambling so they use cryptocurrency to gamble because there is no money trail that is going to affect their personal life if they are trying to hide their gambling addiction or habits. The way I see it, gambling reaches the people at home through advertisements from the sports that have been sponsored by this gambling websites.

Besides want privacy, people want to use different currencies besides using fiat money. They can still use fiat for something in their real life while using crypto to gamble. If they can manage how they use their money, they will not have a problem with using fiat and crypto for their life. But the privacy will be one thing that they concern about because by using crypto, they don't have to verify their account to just playing gambling. The Crypto gambling business will grow because of the use of crypto, making cryptocurrency popular.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
February 21, 2021, 11:08:57 PM
#39
Thats how crypto been widely used. As bitcoin and other altcoins has been made not only for crypto payments, blockchain purposes but also can be used for gambling/gaming purposes.

Also, crypto gambling websites tend to reach some players even on their homes by betting on sports, playing some casino slots and other games thru crypto coins. This innovative offers frictionless gaming for players. Not only that but it can also promotes great use and purpose for cryptocurrency.
More people want privacy when they are gambling so they use cryptocurrency to gamble because there is no money trail that is going to affect their personal life if they are trying to hide their gambling addiction or habits. The way I see it, gambling reaches the people at home through advertisements from the sports that have been sponsored by this gambling websites.
sr. member
Activity: 1330
Merit: 326
February 21, 2021, 10:07:55 PM
#38
Thats how crypto been widely used. As bitcoin and other altcoins has been made not only for crypto payments, blockchain purposes but also can be used for gambling/gaming purposes.

Also, crypto gambling websites tend to reach some players even on their homes by betting on sports, playing some casino slots and other games thru crypto coins. This innovative offers frictionless gaming for players. Not only that but it can also promotes great use and purpose for cryptocurrency.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 21, 2021, 07:40:36 PM
#37
Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Thanks!
One of the earliest uses for bitcoin and cryptocurrencies in general was gambling, people very soon realized that being able to gamble with a currency that brings you a level of anonymity is really important, we must not forget there are still many countries in which gambling has a very unfavourable stigma and many do not want to leave any kind of trace they have been gambling even if they have their gambling under control and they gamble just to have some fun, and bitcoin without a doubt provides the means to do so which is why the gambling industry is one of the most important in this market and it will keep being so during the next years and decades.
hero member
Activity: 1666
Merit: 753
February 21, 2021, 05:28:54 PM
#36
Hi everyone,

Gambling through sportsbooks and casinos seems like a great use case for Bitcoin (and other cryptos) at the moment.

It allows people from countries with strict gambling laws to play with no worry of punishments. It also allows successful gamblers to play without account restrictions placed on them - as they would get at fiat sportsbooks - and a whole host of other benefits.

As this sector is growing fast, I thought I'd write a weekly update about the developments in the crypto sportsbook/casino world.

Feel free to check it out and let me know your thought (there are a couple bets to follow in there too, if that's your thing) - https://bitedge.com/blog/crypto-betting-weekly-19-feb-2021/

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Thanks!

Gambling could certainly be a niche that crypto is able to fill - and it is one with quite a lot of revenue involved as well.

In terms of mass-scale, institutional adoption though, this is too far fetched. Most regulated gaming entities are unable to offer services to restricted areas/countries, and this is not something that crypto is able to circumvent.

Also, you have to appreciate the downsides. Since most operators in the crypto space are unregulated, it means that they are more arbitrary when it comes to the operations. There is never a guarantee that you will get your funds back once you make a deposit since there is completely no oversight - great for anonymity and privacy, but not so great for safety of funds.
full member
Activity: 756
Merit: 231
February 21, 2021, 05:11:44 PM
#35

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Thanks!
Generally the gambling industry is really a catalysts for Bitcoin and cryptocurrency generally, sometimes years back i usually see gambling as a means to do illegal act, but the moments the cryptocurrency came gamblers went into the gambling world wholeheartedly, still remember that, this Bitcoin was one of the motivator for my entry into gambling.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
February 21, 2021, 03:41:02 PM
#34


Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?



Nope, I  don't think so, gamblers   is a small portion of population and they don't  do the trick in BTC adoption. For example those people who  live in Africa and who  are considered to be the first wide BTC adopters are not gamblers at all. Their economic situation prevents them from any risky business that in fact the gambling is. And It is very hard to think they will spend their bitcoin  in games of chance.
Maybe now the gambling community isn't good with the wide adoption of bitcoin, but during the early days of bitcoin gambling served as a big platform for the widespread and growth. In simple, if Bitcoin hasn't got used by gambling sites during those days then it couldn't have reached such a level of growth by now.
To know that this isnt only talking about gambling but other industries as well but we cant really deny that Gambling industry did really make out such impact
nor had contributed when it comes to awareness or simply with adoption this is why we cant really cross that one out and its no surprise that it did become
even way more bigger into this market.Adoption does talk about in different sources or paths.
legendary
Activity: 2646
Merit: 1106
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
February 21, 2021, 01:39:51 PM
#33


Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?



Nope, I  don't think so, gamblers   is a small portion of population and they don't  do the trick in BTC adoption. For example those people who  live in Africa and who  are considered to be the first wide BTC adopters are not gamblers at all. Their economic situation prevents them from any risky business that in fact the gambling is. And It is very hard to think they will spend their bitcoin  in games of chance.
Maybe now the gambling community isn't good with the wide adoption of bitcoin, but during the early days of bitcoin gambling served as a big platform for the widespread and growth. In simple, if Bitcoin hasn't got used by gambling sites during those days then it couldn't have reached such a level of growth by now.
hero member
Activity: 2534
Merit: 586
February 21, 2021, 12:48:14 PM
#32
Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?
Actually the current popularity of Bitcoins has a lot do with the gambling industry because the casinos like Primedice gave the idea of provably fair games and instant deposits and cashout without any questions being asked and no need to verify identity. Then sportsbet.io came and we before that directbet.eu was there to satisfy our sports betting needs without any worry of being asked for KYC or any documents.

I remember directbet didn't even had an account system which eliminated any risk of being asked for documents and being troubled to withdraw your money. You make a bet, if you win and get your winnings sent to your address directly. Not sure what prompted them to close the services but nevertheless, I cannot emphasize enough on how much casinos and sportsbooks or gambling industry as a whole contributed towards the popularity of Bitcoins.
legendary
Activity: 3346
Merit: 1214
February 20, 2021, 12:46:10 AM
#31

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Thanks!

Online Crypto gambling has proven that in the pandemic, these Crypto online gambling sites have raking millions of revenues on those times and until now, this is an industry where Cryptocurrency is making its huge presence, more traditional online gambling sites are making a big switch or adopting Cryptocurrency, soon we will see Cryptocurrency based gambling site the main industry on one gambling gambling 
hero member
Activity: 2352
Merit: 594
February 20, 2021, 12:22:56 AM
#30
Feel free to check it out and let me know your thought (there are a couple bets to follow in there too, if that's your thing) - https://bitedge.com/blog/crypto-betting-weekly-19-feb-2021/

This is a good blog to keep getting updated on what is new to different gambling website. Gamblers can also use this as a reference to choose where platform to bet that is more profitable for them.

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

I think it would be not good if gambling will be the main catalyst for mass adoption of bitcoin. People would not easily invest in bitcoin if they find out that it is related in gambling. They would think that investing on it would also be a gamble. I would prefer to be the main catalysts for bitcoin is big institutions are investing because they will adapt it on their platform. People would see this as a positive rather than gambling which is often treated as a bad habit.
hero member
Activity: 2170
Merit: 530
February 20, 2021, 12:07:52 AM
#29
Hi everyone,

Gambling through sportsbooks and casinos seems like a great use case for Bitcoin (and other cryptos) at the moment.

It allows people from countries with strict gambling laws to play with no worry of punishments. It also allows successful gamblers to play without account restrictions placed on them - as they would get at fiat sportsbooks - and a whole host of other benefits.

As this sector is growing fast, I thought I'd write a weekly update about the developments in the crypto sportsbook/casino world.

Feel free to check it out and let me know your thought (there are a couple bets to follow in there too, if that's your thing) - https://bitedge.com/blog/crypto-betting-weekly-19-feb-2021/

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Thanks!
This one is good, I hope you can update as well regarding to the latest fees and if most of gambling site accepted other altcoins or if some site can enable direct purchasing of coin that can be use in the game or token using bank card either debit or credit. Maybe yes gambling can be the reason for adaptation but little possibility because we know that it is been years since we use bitcoin but most of the country doesn't adapt it yet to include in their casinos.
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