Topic: Difference between crypto gamblers - regular gamblers (Read 655 times)

It seems that crypto gamblers are learning more about finding a trusted crypto casino because they have to find and get a trusted crypto casino so that they can play their gambling in peace. It's different with fiat gamblers who might immediately register themselves on a fiat casino site without trying to find out more information, especially if they get the casino from social media so they immediately trust it. We who are crypto gamblers must first ensure that the crypto casino is safe and trustworthy before we register. And yes, children can look for the casino they want because they can look for the casino from sources they know so they don't have to ask adults. This is what triggers many gambling addiction problems that occur in children.

There is some difference between those who are regular gamblers and those who gamble with cryptocurrency. It is natural that a person involved in cryptocurrency will usually know more than the average gambler when gambling. A common gambler only tries to know about his gambling on a particular site but a cryptocurrency gambler has knowledge about not only the particular gambling site but also about all things crypto related. I have noticed that a normal gambler gambles on low quality gambling sites but a gambler who is involved in crypto currency chooses a very good quality gambling site, I think this is a good aspect for crypto gamblers. There are many children in my area who have learned to play gambling by watching YouTube, that is, at one stage of watching the video, various gambling advertisements come to the fore. Many people in our area play this kind of gambling after seeing such advertisements, even though they do not have a good idea about gambling. But I believe that we gamblers must gamble on many good sites as well as gamble with many strategies that a normal gambler does not.

He is pointing out the difference between the preference of a gambler that seek for privacy when they use crypto casino in contrary to the regular gambler that doesn’t care about KYC which I totally agree since most of us here doesn’t want to do KYC despite most of the centralized casino doesn’t remove KYC requirements in their ToS.

The point here is not about the use of crypto in gambling but rather how a crypto gamblers seek for privacy when gambling.

In the crypto world if you miss just one character, you could lose millions of dollars this is why people in this area pay attention to details. They would always read or experiment to verify the legitimacy of every piece of information. Privacy is the beauty of crypto casinos and that is why many people are involved in it. So I agree that crypto gamblers will also inculcate the same attention to details and security conscience character.

Regarding making good decisions I think this depends on every individual gambler regardless of whether he is a crypto or regular gambler. Many crypto gamblers make wrong decisions and some regular gamers could make very sound decisions. Deceptive bonuses always attract greedy gamblers and newbies. An experienced gambler will hardly be enticed by similar tricks except he is greedy and newbies will always be cheap prey.

If I may understand you correctly what you mean by crypto gambler and regular gambler. Are you in any way classifying to offline gamblers or those who doesn't uses cryptocurrency to place a bet? Those who always go to local shop to gamble because they are the people who doesn't know much about casino tricking them also do not care about their identities.
Well if I may say online crypto casino has revolutionized the way of gambling it makes gambling easier and smoother, makes it easy for everyone who is up to age to tremendously gamble without any restrictions especially during time of deposit/withdrawal anyone who actually pass their kyc successful wouldn't have any limitations, it also makes you anonymous without other people knowing about earnings and winnings such as friends and family or any relative to know your interaction between gambling exercise.

Yes I tend to be more careless and spend a lot while gambling with cryptocurrencies than with fiat which because with Bitcoin most especially it stake amount may seem small since the value may not be based on the fiat but in Satoshi which may make it easier to spend higher.

But if it is local currency and the values of my stake are displayed in a local currency I can easily monitor my excesses to see and how far I may be going in with my staking.

So for sure crypto gamblers are big rollers and high gainers and same time high losers also but then the experience is different from traditional gambling.

You're right about crypto casinos' appeal. Technologies adjusting to recent financial trends make them more than gaming hubs. Privacy attracts a niche that values discretion above everything else. Are privacy bubbles falsely secure? How do we assure responsible gaming in anonymity?

Interesting that you favor crypto casino features. It's great that they customize experiences. Digital transactions are simple, but could they risk detaching from money's underlying value? It's balancing, right? Enjoying gaming while minimizing our digital footprint. Your approach to maintaining balance?

You make a good point.  There's probably not some clear-cut difference between being a regular gambler versus a crypto gambler and  it's more about how we see it, ya know? Perspective is everything.   

Your advice is spot on.  Whether it's crypto or regular gambling, understanding what youre getting into matters.  Both can be good opportunities if you play it smart.  and  cryptogambling has some neat advantages in my opinion.  For one thing, it can be more private since the transactions are harder to trace.  Also, you don't have to wait around forever to get your money out or put more in.

Tax evasion isn't possible when you're gamble in centralized casino, because the casino already record your information, moreover if you've verify your account. You're withdraw your coins to non custodial wallet, using DEX or spend it make you temporary evading tax, if you convert your coins to cash in CEX, you will be charged to pay fee as due to regulation.

Of course, first is that there is choice of the coin to use in deposit to your casino account and if you use coins like Litecoin, the transfer fee is very cheap.  

There is also your privacy and security to your games especially with blockchain and smart contract , you have the feeling of fairness and not the feel of manipulation.

Gambling with crypto also gives you increased knowledge about cryptocurrency and their is high possibility of investing in it especially when you win you can decide to transfer your winning to a personal wallet to hodl now that crypto price is expected to increase with bitcoin halving next year.

Is there actually any difference between being a regular gambler and a crypto gambler, cant any crypto gambler be a regular gambler or a regular gambler be a crypto gambler, we can decided to make the difference or not base on the way we are having the understanding or how we want to channel the discussion, what i will advise is for every regular crypto gamblers should know what they are doing, they should take cryptocurrency or gambling all for granted, everything we do with both comes with an opportunity and they must utilize the for their own benefits.

this statement completely relate to me, because i am a trader i know how to manager my capital, how much to risk, etc.
On more thing is that crypto gambler will not pay taxes while withdrawing from casinos, because they will withdraw on other non custodial wallet or any other wallet.
and on non crypto casino players will withdraw their winning directly to bank account and they will need to pay tax. I know crypto gamblers also will need to pay tax but they can also stay without paying tax.

But later, if there are regulations from the government that require casinos to ask their customers to verify their accounts, we may be required to carry out that verification. And when that happens, maybe it will be different, like a fiat casino where we have to verify first before gambling or when we register. We cannot avoid it if all crypto casinos have implemented this, and we can only accept it even though there may still be casinos that allow their users not to verify. Hopefully, crypto gamblers will still be allowed not to verify their accounts so that we can still freely gamble at crypto casinos without needing to verify.

Maybe not all of them, because there are still a lot of people who still gamble properly and responsibly, at least in my opinion. Because from another angle, it still has similarities, like the idea that you can get a lot of money in an easy way just by luck.

But when it comes to the currency that is used equally, that's the only difference, in my opinion, because cryptocurrency is used; unlike traditional gambling, it's not like that; instead, fiat currency is mainly used.

The advantages of crypto casinos are more proven in terms of performance, trustworthiness and reputation because there are several casino assessment sites that have tested them.
Moreover, gambling in crypto casinos has provided lot of efficiency and also helped in the adoption of crypto, especially Bitcoin which can increase the volume of Bitcoin itself.

But almost everyone in crypto casinos are people who adhere to privacy or anonymity which is always maintained for security purposes and also comfort when gambling, which is very different from gamblers in traditional casinos or fiat casinos who tend not to care about anonymity and they are fine when they have to gamble in front of many people or are known to many people.

The only thing that makes me personally prefer crypto casinos is that there are various features that can always provide what I need and every win will not be known by others.
Plus, digital transactions make it easier for us to save money or deposit money quickly.

Not sure about that though, I mean if we are gambling, for me it's just the same regardless of crypto or fiat. We all go and take that big risk and hope that we are going to win. Maybe the difference though is that when we deposit it might take some time to be credited to our crypto based account. But still it might give us some time to think about continuing with our gambling habits (addiction).


As much as we have KYC, it will be the norm I guess. If you go to land base casinos, if you wanted to take advantage of the freebies, you have to fill up some forms as well to have that card and to used it when you play to have some points that you redeem later. So if you have to think about it, almost the same as it is also a KYC per se and we don't complain about it.

Well, regular players for me are very different from players with crypto casinos, first because regular players, if they win, the money is given to them immediately, there is no problem with that, while the online casino player hears through crypto, well You have to do a lot of things, like complying with the KYC, making transactions, once you comply with the KYC you have to verify if you can actually make a withdrawal, the advantage that you can have in a crypto casino is that you can play from home, well concentrated and without any rush, if you want to play in silence you can do it, these are the advantages that crypto players have, so in this order of ideas what I can think is that every time you have a game session The players have to leave the house, they have to do everything based on chips, it can be fast and violent if they win or lose, they have other types of training, they can see other people, but the reality is that you cannot be so equal I don't know, but I think that in a regular casino the game system is different from the one used in crypto.

Slot machines are more strict to win in a casino, in an online casino it is also different, but the scheme is different, I think the multipliers are better, and their software is newer, and there is much more variety and that is something that Many people who are always looking for new things may like it, that is why this is so good, and you can also sense that when it comes to how to guarantee the best thing for a casino and a player is the degree of fast payout, and I think that There the usual or physical casino will always have the advantage, because the person's identification is only asked when entering and that is not always the case So here in the case of casinos that are not, it is KYC and all this that has to do with what this topic is about, well it is very Annoying , because Andie likes to leave their data.

I think the biggest difference between crypto gamblers and regular gamblers is capital control because crypto gamblers have more experience in budget management due to their trading experience. I think that especially regular gamblers are generally not directly introduced to gambling and therefore cannot manage their budget well. So, indirectly, crypto gamblers are often more experienced in budget management and use their balance more efficiently.

On the other hand, although crypto casino businesses are required to follow the KYC procedure, crypto gamblers, especially those who gamble with low budgets avoid applying this procedure and attach more importance to privacy. In other words, it is possible to state that online casinos are a slightly better choice in terms of privacy as it is necessary to share personal information regardless of the amount in a physical casino or betting office but there is a certain amount of limit for sharing personal information in online casinos.

We have felt what we can get from crypto casinos, so we still choose crypto casinos over fiat casinos. Apart from that, by using this crypto casino, we can choose from many crypto casinos, especially from this forum, which already has many trusted crypto casinos. Crypto casinos often provide huge promotions that really attract gamblers, and this is what makes many fiat gamblers move to crypto casinos. Moreover, in crypto casinos, we can gamble by hiding our identity. As long as we only gamble with small amounts of money, we will not be asked to carry out verification, especially if we only gamble occasionally.

Maybe the tricks is that crypto gamblers are online gamblers. Maybe this is due to overall curiosity of crypto guys? As they click every single button. Whole crypto gambling industry "works" faster than regular. To make a deposit, you need to get your card from wallet, login to back accounts and etc. Regular gamblers, even if they play online, do to much action. With crypto, just few clicks separate you from placing a bet. Crypto casinos also offer way more bonuses. If you gamble on several platforms, it sometimes takes few minutes to login everywhere and collect every rakeback, daily-weekly-monthly bonus, cashback and spin wheel. With all that variety of bonuses, no wonder crypto guys gamble more regularly.