Except now that dApps charge high gas fees (on ETH) due to increased network congestion. But with L2 scaling solutions and alternative chains, this should no longer be a problem.
That is the main issue with decentralized gambling, and even though they implement scaling solutions, gamblers will still have to pay extra fees anyway, when compared to centralized casinos where you pay fees only when depositing and withdrawing your money from the platform. I believe decentralized gambling is never going to replace the centralized platforms, just like the usage of Bitcoin and crypto in general is heavily influenced and dependent on centralized exchanges and investments funds in general. Only a minority seek for total decentralization, while majority will seek for accessibility and easiness, even if it comes with a bitter price to be paid. 
Topic: Decentralized vs Centralized Gambling....Which do you prefer? - page 6. (Read 1425 times)
When it come to thigns like gambling I would always chose centralized platforms, cause I've had a better experience with them than decentralized platforms, apart from the hack issues recently going on with decentralized gambling platforms, other things like high withdrawal fees, transactions getting stuck and more scalability issues, I'll just stick my tail with the centralized platforms.
Centralized gambling platforms are likely to still reign over because in any crypto servce the general public has always prioritized convenience and what they are already familiar with. Alternative means has always been more of a niche to people.
Not to mention the huge game library centralized platforms offer which from a player standpoint is quite tempting. Personally, it's hard to distance with the providers I'm used to and they only work with licensed centralized casinos.
Not to mention the huge game library centralized platforms offer which from a player standpoint is quite tempting. Personally, it's hard to distance with the providers I'm used to and they only work with licensed centralized casinos.
Do you think decentralized gambling dApps will eventually replace their centralized counterparts? If not, why? Which do you prefer? Centralized or decentralized gambling? Your input would be greatly appreciated. Thanks. 
Gamblers is now more confident with casino license than decentralized games since common gambler still doesn’t understand how smart contracts works and how to verify probably fair games.
Besides most of the cool games from 3rd party providers is from centralized casino. So unless decentralized games can match how cool the games on centralized casino, I doubt gamblers will choose decentralized over centralized casino. Most of the games on decentralized casino is more on common simple games. I’m not sure what’s the current game version they offer but I doubt they can match centralized games.
With the future set to be dominated by AI, the Blockchain, and Quantum Computing, I wouldn't be surprised if decentralized gambling replace (or becomes comparable to) their centralized counterparts in the long run. Just my thoughts 
Looking at the current situation, it won't happen or it might be happen, but not in our generation.Take a look with Bitcoin, we already have the side chains and Layer 2, but until now not many people use it, even though they keep complaining the on-chain fees is expensive. Using side chains and Layer 2 will make them able to send and receive Bitcoin without need to worry about the fee, so they can hold their coins in non custodial wallet instead of centralized exchange.
Same to Web3.0 casino, people already skeptic to connect their wallets to the sites directly, so they stick to centralized casino instead.
make user experience even more better.There would really be those gamblers who would really be sticking into something fast and instantaneous rather than on making some bets and waiting up for some blockchain hash
results before you would really be able to see whether your bet is a win or lose and we do know that gamblers are really that impatient then it would really be just that normal that they would really be sticking into something which is really that instant. This is why i dont really believe that centralized platforms would cease to exist.
My preference? It would really be on centralized because when it comes to design then it is really that a far cry into those decentralized platforms on which i have seen.
When it comes on connecting your own wallet, then im not really that confident when it comes on connecting my wallet into a certain site.
- I have never experienced gambling with a decentralized gambling casino in the crypto space. Because I often play gambling so far, there is a KYC because there is no problem for me when I give a KYC because the casino that I play at often is also reputable.
I'm not sure if I've ever played on the Dex gambling platform, but what I know is that it's often in regulated casinos here in the crypto space, but I don't think there's anything wrong with gambling on the Dex gambling platform.
I'm not sure if I've ever played on the Dex gambling platform, but what I know is that it's often in regulated casinos here in the crypto space, but I don't think there's anything wrong with gambling on the Dex gambling platform.
just like you, i also didn't find any problems when using centralized casinos that enforce kyc on their users. the service they offer is also secure and i rarely encounter serious problems related to privacy and the games i play. so because of this good experience, i don't think i want to switch to using a decentralized casino, but i wouldn't mind if i was offered to play at a decentralized casino, but just to try.
- I have never experienced gambling with a decentralized gambling casino in the crypto space. Because I often play gambling so far, there is a KYC because there is no problem for me when I give a KYC because the casino that I play at often is also reputable.
I'm not sure if I've ever played on the Dex gambling platform, but what I know is that it's often in regulated casinos here in the crypto space, but I don't think there's anything wrong with gambling on the Dex gambling platform.
Sometimes people complain about privacy issues on gambling sites that implement a KYC system or can be said to be centralized gambling sites, they don't want to provide KYC of their identity just because of privacy issues but they are also sometimes afraid to play on decentralized gambling sites because they are worried about losing money or at any time something happens. hacking of smart contracts or other issues so they can't file any case against that site because it's rare for them to have the reputation of a decentralized gambling site.I'm not sure if I've ever played on the Dex gambling platform, but what I know is that it's often in regulated casinos here in the crypto space, but I don't think there's anything wrong with gambling on the Dex gambling platform.
I usually just try playing decentralized gambling just to try it out, but in my opinion it's a bit boring if you have to make transactions using a smart contract to play, it's not like playing gambling on a centralized gambling site where I make a deposit then play and if I win I withdraw the money without having to process it. transactions from smart contracts which may often be used by decentralized gambling sites, are not a problem with centralized and decentralized gambling because everything comes back to the trust of each gambler. All risks return to the user.
- I have never experienced gambling with a decentralized gambling casino in the crypto space. Because I often play gambling so far, there is a KYC because there is no problem for me when I give a KYC because the casino that I play at often is also reputable.
I'm not sure if I've ever played on the Dex gambling platform, but what I know is that it's often in regulated casinos here in the crypto space, but I don't think there's anything wrong with gambling on the Dex gambling platform.
I also have KYC at several central casinos, and there are no problems whatsoever to this day, also some accounts are very unfortunate if they are abandoned because they have reached a certain VIP level on each account I created, of course starting from scratch at Dex casino will make it difficult for me to reach the VIP level again and that's one of the things that makes me lazy to register at another casino. I'm not sure if I've ever played on the Dex gambling platform, but what I know is that it's often in regulated casinos here in the crypto space, but I don't think there's anything wrong with gambling on the Dex gambling platform.
Also even though I have to use my identity to register but my security is much more guaranteed, it's just that the identity problem may be questionable security, and at DEX casino is on the service and security of the casino, whether it can be trusted or not, whether it is fair or not, maybe I need some surveys from many people to see that.
- I have never experienced gambling with a decentralized gambling casino in the crypto space. Because I often play gambling so far, there is a KYC because there is no problem for me when I give a KYC because the casino that I play at often is also reputable.
I'm not sure if I've ever played on the Dex gambling platform, but what I know is that it's often in regulated casinos here in the crypto space, but I don't think there's anything wrong with gambling on the Dex gambling platform.
I'm not sure if I've ever played on the Dex gambling platform, but what I know is that it's often in regulated casinos here in the crypto space, but I don't think there's anything wrong with gambling on the Dex gambling platform.
With the future set to be dominated by AI, the Blockchain, and Quantum Computing, I wouldn't be surprised if decentralized gambling replace (or becomes comparable to) their centralized counterparts in the long run. Just my thoughts
Looking at the current situation, it won't happen or it might be happen, but not in our generation.Take a look with Bitcoin, we already have the side chains and Layer 2, but until now not many people use it, even though they keep complaining the on-chain fees is expensive. Using side chains and Layer 2 will make them able to send and receive Bitcoin without need to worry about the fee, so they can hold their coins in non custodial wallet instead of centralized exchange.
Same to Web3.0 casino, people already skeptic to connect their wallets to the sites directly, so they stick to centralized casino instead.
But with L2 scaling solutions and alternative chains, this should no longer be a problem. with layer 2 like Matic is totally fine since they are using their native token as a gas fee. But today L2 scaling let say Linea, Zk Sync and other like Arbitrum still occur a high fee in my opinion I recently claims a token for daily login in some airdrop the fee still at the rate 0.5-1$ I know that some people consider this as cheap than the regular L1 like ETH that can cost up to 10-15$ but if we accumulate that it could be a huge.
I think most of these scaling solutions failed to address how to reduce the size of smart contract interactions, which is why even though the base fee is low, any interaction costs a lot of money. Another reason is simply because the demand is too high and most people are fine paying that much fee for them. If a platform can package an interaction without incurring any fee and then take the fee when the user finishes their activity, maybe we will see cheaper fees on platforms like DEXs, decentralized lending platforms, etc. The fact that new products go live once in a while, and while it is not yet mainstream, shows that the demand will likely stay as long as privacy-conscious people exist. 
Do you think decentralized gambling dApps will eventually replace their centralized counterparts? If not, why? Which do you prefer? Centralized or decentralized gambling? Your input would be greatly appreciated. Thanks.
Based on the current situation, it doesn't seem like it's even close on replacing. Centralized casinos still dominate the gambling industry, not that people are not support DEX but they still prefer the traditional casinos as it's still simplier to use. If Decenralized casinos were to succeed, it has already dominated the crypto gambling space but it has not perform as expected, so we are not seeing our expectation now, I don't expect to see it in the future.
Exactly, I think that centralized casinos will still reign for a long time because it is much more fun physically to be there. However, online is not left behind, as it brings ease and anywhere. So DEX needs a lot to be able to stand out from this.
The fact that a game is built with a smart contract is not enough to call a casino decentralized because the guys who generate that smart contract are the ones who create the rules of the game and the ones who will get profit in the long run. I don't see what doesn't have of decentralized. I mean the community can't change the house edge, that would be a good example of how a decentralized project works.
For me, all of them are centralized, but they use different technologies to operate, that's all.
For me, all of them are centralized, but they use different technologies to operate, that's all.
Some smart contracts are built this way. The developer can decide if he/she wants the profit to be transferred to his/her address, or remain on the contract itself (to pay for gas fees, etc). Decentralized gambling could have a future if governments start cracking down on centralized gambling sites (particularly those dealing with cryptocurrencies).
Gamblers will ultimately decide which kind of casino or gambling site is best for them. As long as gambling is done in a fair & responsible way, nothing else matters.
There is trust involved in gambling to which platform. In a decentralized casino, the users are still up to trust the casino. Fair and responsible aren't enough for gamblers since they wanna know who is behind the casinos whether it's dex or cex.
They will still suspect whether the owner of the decentralized casino will scam them, although they are not depositing coins but we all have seen people connecting their wallets to a platform and their tokens are sent out.
people would really be connecting out their wallets on a decentralized platform then this do still impose such risks if they dont know on the things that they doing and dealing with it.
We do know or been wary about those hacked wallets or funds on connecting it out into some random platforms. So far i havent seen one that involves a gambling site
but i dont see about for myself on touching up these places.
I do still prefer Centralized gambling although KYC could really be that a possible thing to be asked but it wont really be that an issue if you do really
havent done something stupid then there should be no problems. When it comes to threshold then you wont really be having no issues as well in regarding to this.
Decentralized is what I prefer to avoid big taxes and also, gambling is not totally allowed in my country which quite creates a barrier or limitation for gamblers to bet. But I do still play with centralized gambling sites in some games which are not available with web 3.0
That's the idea. To be able to gamble online regardless of government regulations and/or restrictions. Decentralized casinos don't require KYC, and are usually governed/managed by the rules embedded within smart contracts. A few of them don't collect profits for the creator of the contract (making them fair). I sure hope we get to see more decentralized gambling dApps that would make gamblers' lives easier. Particularly those living in restrictive countries such as China and Russia.
With the future set to be dominated by AI, the Blockchain, and Quantum Computing, I wouldn't be surprised if decentralized gambling replace (or becomes comparable to) their centralized counterparts in the long run. Just my thoughts
The fact that a game is built with a smart contract is not enough to call a casino decentralized because the guys who generate that smart contract are the ones who create the rules of the game and the ones who will get profit in the long run. I don't see what doesn't have of decentralized. I mean the community can't change the house edge, that would be a good example of how a decentralized project works.
For me, all of them are centralized, but they use different technologies to operate, that's all.
For me, all of them are centralized, but they use different technologies to operate, that's all.
Some smart contracts are built this way. The developer can decide if he/she wants the profit to be transferred to his/her address, or remain on the contract itself (to pay for gas fees, etc). Decentralized gambling could have a future if governments start cracking down on centralized gambling sites (particularly those dealing with cryptocurrencies).
Gamblers will ultimately decide which kind of casino or gambling site is best for them. As long as gambling is done in a fair & responsible way, nothing else matters.
There is trust involved in gambling to which platform. In a decentralized casino, the users are still up to trust the casino. Fair and responsible aren't enough for gamblers since they wanna know who is behind the casinos whether it's dex or cex.
They will still suspect whether the owner of the decentralized casino will scam them, although they are not depositing coins but we all have seen people connecting their wallets to a platform and their tokens are sent out.
The realm of online gambling has witnessed a fascinating evolution, with centralized platforms like traditional online casinos dominating the landscape for years. These platforms offer user-friendly interfaces, fast transaction speeds, and a familiar experience for players. However, concerns regarding fairness, transparency, and control over funds have persisted.
Enter decentralized gambling, powered by blockchain technology. This innovative approach promises enhanced transparency through verifiable randomness and public ledgers, increased security with self-custody of funds, and greater control for players. But decentralization comes with its own set of challenges, namely slower transaction speeds, potential for user error leading to irreversible consequences, and the evolving regulatory landscape surrounding blockchain technology.
Enter decentralized gambling, powered by blockchain technology. This innovative approach promises enhanced transparency through verifiable randomness and public ledgers, increased security with self-custody of funds, and greater control for players. But decentralization comes with its own set of challenges, namely slower transaction speeds, potential for user error leading to irreversible consequences, and the evolving regulatory landscape surrounding blockchain technology.
When decentralized gambling sites were introduced, we thought it would change the landscape of the gambling industry, but unfortunately, it didn't happen. Although there are already a lot of decentralized casinos now, they are not as popular as the centralized casinos, so in this battle, the centralized casinos win. The use of crypto in casinos now is more on the payment system only, and the promise of anonymous gambling is slowly fading since if a casino acquires a license, it will always have to comply with the regulators, which users must submit for KYC.
There is this recent one I review last year November, the casino is still in Beta mode and not fully functional and what I saw in the casino is entirely different from the regular casino. If there is something unique that I love about the casino then it should be fairness through data feed from Chainlink, the casino can't cheat you and the house edge is usually small but it is not not light in operation like the regular casino and many games that we have in normal casinos are not there.
I'm addiction, the casino isn't patronized like the regular casino because they don't give bonus like centralized casino. To do the bonus thing, they have to freely create a smart contract with loaded wallet which is going to be another excess money for marketing but the centralized casino used numbers in their database and when gamblers play, they only worry to pay them from hot wallet if they win and with the condition attached, most often they lose these rewards. Centralized casino might not be the best but not as complicated as decentralized casinos.
Do you think decentralized gambling dApps will eventually replace their centralized counterparts? If not, why? Which do you prefer? Centralized or decentralized gambling? Your input would be greatly appreciated. Thanks.
Based on the current situation, it doesn't seem like it's even close on replacing. Centralized casinos still dominate the gambling industry, not that people are not support DEX but they still prefer the traditional casinos as it's still simplier to use. If Decenralized casinos were to succeed, it has already dominated the crypto gambling space but it has not perform as expected, so we are not seeing our expectation now, I don't expect to see it in the future.
For sure only a few people do know about their existence since this market is really that been dominated by centralized casinos on which i do agree into those points above that
that when it comes to user interface and overall playability then i could say that centralized platforms are really that good looking and something you could
really be able to say that user experience is really that whole different on which i could say that its not that hassle.
The fact that a game is built with a smart contract is not enough to call a casino decentralized because the guys who generate that smart contract are the ones who create the rules of the game and the ones who will get profit in the long run. I don't see what doesn't have of decentralized. I mean the community can't change the house edge, that would be a good example of how a decentralized project works.
For me, all of them are centralized, but they use different technologies to operate, that's all.
For me, all of them are centralized, but they use different technologies to operate, that's all.
Some smart contracts are built this way. The developer can decide if he/she wants the profit to be transferred to his/her address, or remain on the contract itself (to pay for gas fees, etc). Decentralized gambling could have a future if governments start cracking down on centralized gambling sites (particularly those dealing with cryptocurrencies).
Gamblers will ultimately decide which kind of casino or gambling site is best for them. As long as gambling is done in a fair & responsible way, nothing else matters.
I remember that a few years ago people thought that they could fight against governments, they thought that governments did not cause fear and that therefore they could create financial services without worrying about things like licenses, kyc and money laundering. With this thought, many exchanges, mixers, icos, defi and crypto casinos emerged. but governments started to show their great terrifying power by learning the mixers and their creators and the dark web guys and to show the terrifying power that governments have, and that the courts when they judge these mixer owners, they impose prison sentences heavy, with few charges such as money laundering, operating an unlicensed website and then putting many years in prison without rights to freedoms so soon, they look like terrorists being tried
And the problem doesn't end there, as these are crimes committed on the internet, soon other countries will also introduce high prison sentences, so the person will be sentenced to prison in many countries, so the person will die in prison. This means that someone who wants to operate a casino must follow the laws, get a license, do KYC so that in the future they don't see their casino being seized by the government and the owner being arrested and left in prison until his death. Honestly, in my opinion, I advise all casino owners to respect the laws and not create anything that could lead to imprisonment, because it's not worth defying governments. and a fight in which the person loses
The true decentralized casino offers you to gamble without need to access a centralized platform, but you can gamble by installing their casino and run it in your device. If you're need to access a centralized platform even though you can gamble without register an account, it's just a different way to gamble, not necessary decentralized.
Since both web 3.0 casino and centralized casino are same, it's not really different, but it seems centralized casino is safer because web 3.0 casino is full of scam.
Since both web 3.0 casino and centralized casino are same, it's not really different, but it seems centralized casino is safer because web 3.0 casino is full of scam.
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