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Topic: Decentralized vs Centralized Gambling....Which do you prefer? - page 9. (Read 1424 times)

full member
Activity: 1148
Merit: 158
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When we think about the decentralised casino I think everyone like the decentralised casino because of the non verification system in the decentralise casinos most of the time they are non KYC. But if we look about the scam casino then we will find decentralized casinos in a large scale. On the others and we can't get the features what are in a centralised casino basically I think decentralise casino is good but if we want the best features then we have to look for what centralise casino.

Decentralized casinos are cool for no-verification vibes but watch out for scams. Centralized ones pack more features but they're all about that ID check. It's a toss-up between privacy and fancy perks so your call on the gambling scene
hero member
Activity: 1862
Merit: 574
Leading Crypto Sports Betting & Casino Platform
Centralized or decentralized gambling?

But I prefer centralized gambling platforms, because usually the services they offer are more reliable, safe, and licensed directly under the gaming authority. So it can provide safe and fair gambling services to players. However, that doesn't mean that I don't really like decentralized casinos, it's just that for long-term use I prefer playing at centralized casinos which have a safer system for the players.
The preference for centralized gambling platforms is mainly for safety where gambling is legal, because centralized casinos typically operate under established gaming authorities, which enforce strict regulations to ensure fair play and protect the interests of players. There are assurance of licensing and regulation can indeed provide peace of mind to players, knowing that they are participating in a gaming environment that prioritizes security and fairness.

Centralized platforms also tend to offer robust customer support services, responsive dispute resolution mechanisms, and transparent terms and conditions, further enhancing the overall player experience. Decentralized casinos offer unique advantages such as transparency and autonomy, but they may still face challenges in terms of regulatory compliance, security vulnerabilities, and user trust. The choice between centralized and decentralized gambling platforms is a matter of personal preference, with each offering its own set of benefits and drawbacks.
sr. member
Activity: 1274
Merit: 457
Vave.com - Crypto Casino
When we think about the decentralised casino I think everyone like the decentralised casino because of the non verification system in the decentralise casinos most of the time they are non KYC. But if we look about the scam casino then we will find decentralized casinos in a large scale. On the others and we can't get the features what are in a centralised casino basically I think decentralise casino is good but if we want the best features then we have to look for what centralise casino.
hero member
Activity: 1456
Merit: 940
🇺🇦 Glory to Ukraine!
Don't get me wrong, the idea of a casino running on blockchain technology is real neat.  but c'mon your average gambler just wants to play some slots or cards without jumping through a buncha hoops about crypto wallets and transaction fees and whatnot. Maybe Im just old fashioned.  I know the decentralization folks talk a big game about changing the world, but I just don't see myself switching over. And I'd bet my bottom dollar that these decentralized apps are gonna stay pretty niche compared to old school casinos for a good long while still.  But yeah, maybe I'm just an analog guy in a digital world.  Wouldn't be the first time.
sr. member
Activity: 574
Merit: 310
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. Smiley
Decentralized gambling dApps will only be capable of replacing their centralized counterparts if the majority of the people who use the later decides for some reason to switch. Decentralized gambling has so many advantages over the centralized counterparts like the no registration, no interference from regulatory bodies, no registration and many more yet centralized gambling are still preferred.

To answer the first part of the question, there are more centralized gambling apps than their decentralized counterparts. Secondly, irrespective of the numbers, I have seen more marketing ads and campaigns on centralized gambling ads than their decentralized counterparts. Last but not least, a lot of people are still trying to get the hang of crypto online casinos.

I still prefer the centralized gambling apps for now. I would switch when the "crowd" does.
legendary
Activity: 3542
Merit: 1352
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If I want to monitor everything and see where each transaction leads to while avoiding KYC, I'd choose to play on decentralized platforms. The thing is, most of them are not polished as of yet and a lot of improvements need to be made before they compete with centralized casinos.

If I want seamless experience and overall smoothness of everything, I'd go to centralized casinos and just play in there. The difference in user experience is too far between this two, and in the end it's just user preference. For me, I prefer comfort over skipping KYC or seeing everything that happens behind the scenes. If I'm not enjoying the gambling experience, rest assured I will not be back at that platform again.
newbie
Activity: 56
Merit: 0
Decentralized gambling offers transparency and fairness, while centralized platforms provide better user experience and lower costs.
Quote
Do you think decentralized gambling dApps will eventually replace their centralized counterparts? If not, why? Which do you prefer? Centralized or decentralized gambling?
It's hard to say. While centralized still dominate the market due to their established reputation and accessibility, but with advancements in blockchain technology, decentralized may become more mainstream in the future. Both have their advantages to cater different needs of users. But all in all, the choice depends from person to person on which they prefer, their priorities and risk tolerance.
hero member
Activity: 1652
Merit: 772
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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. Smiley

Decentralized gambling platform will not replace centralized gambling platform, that's because there are many problems that will be experienced, not only about gas, but also about transaction execution, did you know that every hand you play, you need a sign/validation of that transaction?

I've reviewed several decentralized gambling platforms on this forum, and they all make me bored, I'm looking for entertainment, not looking for transaction security. After all, we already have giants in this industry, just look at Rollbit & Stake, just imagine, can they be replaced with all the convenience they offer to their users? Cheesy
full member
Activity: 700
Merit: 205
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. Smiley
Their is no way a gambler can like a decentralized gambling, due know why, a decentralized gambling always gives a effect whenever you have something for them, so a decentralized gambling is not really good for someone who want to gamble in order to make money, we have to concentrate very well on centralized instead, but me like both of them because I know that I'm not a money conscious person and I know how to follow instructions in any gambling websites, so we have to know our stand before you can choose whatever you fell that will happen, gambling is game and its a choice of determination
legendary
Activity: 2282
Merit: 3014
To me there is nothing better than an in person at home gambling game.  Growing up in college we would have texas hold'm tournaments almost daily and they were always so much fun.  I was never a fan of buy back poker, but it did make the night last longer. 

That said as long as it's fair, not cheating, it doesn't matter to me period.
hero member
Activity: 644
Merit: 661
- Jay -
I always advocate for the use of decentralized services all the time they are available, but in this case, I prefer to keep it simple. I do not risk too much in gambling so I don't have as much investment in it to dedicate my time to figuring my way around. Good 'ol gambling platforms are fast and easy to use.

- Jay -
legendary
Activity: 1372
Merit: 2017
But I prefer centralized gambling platforms, because usually the services they offer are more reliable, safe, and licensed directly under the gaming authority. So it can provide safe and fair gambling services to players. However, that doesn't mean that I don't really like decentralized casinos, it's just that for long-term use I prefer playing at centralized casinos which have a safer system for the players.

The same happens to me. I prefer fiat sites to play poker and, apart from the fact that there is better software and traffic on them, I don't see what advantage playing poker on a crypto decentralized site could give me. A decentralized system does not always have to be better. And I don't think that in this case it is any advantage to prevent collusion.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
That means no more bonuses too, right? I have not tried any decentralized online gambling sites/casinos yet so I have no idea about it.
If ever one comes out and makes the trend then I might try it. But right now, I am satisfied with centralized gambling sites because of their promos and other features that they offer.
I have not seen myself yet just switching that fast, but if I do enjoy it and their games are as broad as what centralized gambling sites offer then I'd probably use them more.
I do like privacy but it's not like 100 percent security unlike how it is with popular online casinos. Yes, they have KYC which I do believe is a con for those who don't like giving out their information but still, if they are reputable online casinos, I don't think they will just leak it out, and it is also for the business protection to avoid being shut down by the government they are under.
sr. member
Activity: 1106
Merit: 391
Centralized or decentralized gambling?

But I prefer centralized gambling platforms, because usually the services they offer are more reliable, safe, and licensed directly under the gaming authority. So it can provide safe and fair gambling services to players. However, that doesn't mean that I don't really like decentralized casinos, it's just that for long-term use I prefer playing at centralized casinos which have a safer system for the players.
hero member
Activity: 1694
Merit: 691
Vave.com - Crypto Casino
Indeed this could offer the potential for a better gambling experience than before, allowing every transaction and bet to be openly monitored. So this can minimize manipulation and fraud which can harm us as bettors. and while it is true that fuel costs are relatively high, and can be a limiting factor, this is natural because for the sake of change at least we have to spend a lot of money, alternative scaling and chain solutions promise increased efficiency and reduced costs in the future.

And personally as a user, I think the choice between centralized and decentralized gambling dApps will come down to personal preference. Because it relates to each individual's risk tolerance and priorities. Apart from that, this is also related to a person's comfort and safety when placing a bet.
In my opinion, it's like that, because maybe everyone has their own reasons and views regarding this matter, because different heads mean the content of their thoughts will be different too.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
So... In recent months we have really had a huge rise in decentralized sports betting sites, mainly, many of them were born from ICOs and made a lot of money from "investors", or rather... speculators.

Another niche that is growing a lot are games based on Telegram, a few months ago I was even surprised by the possibility of automation that is now possible by combining smart contracts and bots.

My opinion is that we are still a long way from having the same experience, accessibility and diversity of games that centralized casinos offer, but decentralized games are already a viable alternative and should gain more and more space.

I don't think decentralised casinos will replaced the centralised ones, not in the next couple of years at least. The gap is quite wide and I don't think many gamblers will opt for decentralised gaming but who knows, right?

These for me, are just few considerations on why most gamblers will stick to centralised gambling sites -
> most are licensed, and so the feeling that they are running legit will always be there, decentralised usually doesn't need to be licensed
> can easily reach their support, at least for centralised casinos that i know of
> familiarity of the payment method, a lot gamblers still don't know how to transact with eth and other chains
> hard to go out of their comfort zone

Though there are several advantages of decentralised gambling, such as you can play anonymously, lower fees, few to none when it comes to regulation protocols, no central authority, however, some will keep playing on centralised just like many people will stay with traditional banking method.
legendary
Activity: 1456
Merit: 1108
Use chips.gg
Which do you prefer? Centralized or decentralized gambling?
I have not had a proper experience of decentralized gambling, so I cannot really choose centralized gambling platforms over it as my preference. To have a preference one must have had a proper experience of gambling on both platforms.

Do you think decentralized gambling dApps will eventually replace their centralized counterparts? If not, why?
I do not see decentralized gambling completely replacing centralized gambling, because there will always be people who love centralized gambling, but the thing is that an alternative form of gambling will exist. It will provide another gambling option.
sr. member
Activity: 1554
Merit: 334
They're still both requiring KYC so I don't really like to choose any of them, my pick would probably go to the one that's got more enjoyability and the experience in playing there isn't stressful despite the losses because of the bonuses. That's my pick and I either haven't seen this kind of casino before or I stick to one or two whichever I felt like playing that day. As much as the decentralized got the advantage of an improved provably fair games, I think that experience will always be a factor to me and maybe how easy it is to register/create an account on their website.
legendary
Activity: 2352
Merit: 1121
☢️ alegotardo™️
Thanks to the inception of smart contracts, we can now enjoy decentralized gambling in a provably fair way. I've used a few gambling dApps in the past, and the experience was great. 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.

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. Smiley

So... In recent months we have really had a huge rise in decentralized sports betting sites, mainly, many of them were born from ICOs and made a lot of money from "investors", or rather... speculators.

Another niche that is growing a lot are games based on Telegram, a few months ago I was even surprised by the possibility of automation that is now possible by combining smart contracts and bots.

My opinion is that we are still a long way from having the same experience, accessibility and diversity of games that centralized casinos offer, but decentralized games are already a viable alternative and should gain more and more space.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
When I choose a casino I use only two criteria: the casino must be trustworthy and has a good reputation over the years and the casino must have a license and respect the annoying laws of governments, I'm talking about KYC. so as much as I hate kyc I still prefer to use the old reliable casinos that ask for kyc. Then I see if the casino has an option to deposit in bitcoin or litecon or usdt. Now talking about decentralized casinos, I personally have never used any decentralized casino, of the decentralized casinos that I could see here on this forum, in my opinion they did not inspire confidence in me, they were unlicensed casinos, with very strange casinos, with few football games, so I I looked at these decentralized casinos and wondered how long it would take for governments to seize them and be accused of operating without a license and money laundering.

Another constraint that I saw in the decentralized casinos that came on this forum was the fact that they did not have bitcoin or litecoin as deposit options, so I definitely will not use decentralized casinos, but in my opinion I cannot understand how they intend to be decentralized when in this market they are obliged to have a license and do kyc and this implies that there is an employee collecting data from people, be it documents or observing the origin of funds and probably in the future online casinos will be required to do more things from governments, maybe I'm wrong, but this idea decentralized casino may not have a good long-term future
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