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Topic: Difference between crypto gamblers - regular gamblers (Read 540 times)

hero member
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Leading Crypto Sports Betting & Casino Platform
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.
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.
sr. member
Activity: 1190
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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.
hero member
Activity: 1246
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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.

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.
hero member
Activity: 686
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Give all before death
Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details, they seek out to have more privacy and better sources of information. So that followed suit when it came for crypto to meet gambling as well.
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.

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Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?
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.
sr. member
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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.
hero member
Activity: 1022
Merit: 667
Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details

I have noticed opposite difference. People who gamble with crypto are more careless than people who gamble with fiat. And I think I have an explanation for that. Crypto gamblers are under influence "easy come easy go". All people who gamble, convert unintentionally their bets with their national currency and salary. So their 1 dollar bet always be equal to 1 dollar. People who bet crypto care less on an outcome because, lets say the difference in currency prices in the past and todays price let them feel more free. For example a guy who has bought 1 BTC when the price was 5k, will easily place a 0.1 BTC bet when Bitcoin price is 69k, because he will still have 62k worth asset. But the guy who will make a 6900 bucks worth bet will think twice before doing it.
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.
legendary
Activity: 1946
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Leading Crypto Sports Betting & Casino Platform

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.

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.
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?
full member
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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.

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.
hero member
Activity: 840
Merit: 612
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.
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.
hero member
Activity: 2520
Merit: 624

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.

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.
hero member
Activity: 714
Merit: 521
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.
full member
Activity: 448
Merit: 222
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.

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.
hero member
Activity: 2912
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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.
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.
sr. member
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Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details

I have noticed opposite difference. People who gamble with crypto are more careless than people who gamble with fiat. And I think I have an explanation for that. Crypto gamblers are under influence "easy come easy go". All people who gamble, convert unintentionally their bets with their national currency and salary. So their 1 dollar bet always be equal to 1 dollar. People who bet crypto care less on an outcome because, lets say the difference in currency prices in the past and todays price let them feel more free. For example a guy who has bought 1 BTC when the price was 5k, will easily place a 0.1 BTC bet when Bitcoin price is 69k, because he will still have 62k worth asset. But the guy who will make a 6900 bucks worth bet will think twice before doing it.

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.
hero member
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Leading Crypto Sports Betting & Casino Platform
~snip~
I think the reason for all this bonuses on crypto casino is because of its still in a growing stage and all these tactics are actually to draw more customers to this section of gambling and I believe it's working because most people are actually interested in using or gambling on crypto site because of the massive promotions that most of the sites offer and I wont lie, even myself will choose a crypto gambling site over regular gambling sites. Although most of the site are not all that trusted because so many company are rushing into the industry due to the massive boom.
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.
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.
legendary
Activity: 3080
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Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?

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.

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).

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.

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.
legendary
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Leading Crypto Sports Betting & Casino Platform
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.
hero member
Activity: 1624
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Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?

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.
hero member
Activity: 2912
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I think the reason for all this bonuses on crypto casino is because of its still in a growing stage and all these tactics are actually to draw more customers to this section of gambling and I believe it's working because most people are actually interested in using or gambling on crypto site because of the massive promotions that most of the sites offer and I wont lie, even myself will choose a crypto gambling site over regular gambling sites. Although most of the site are not all that trusted because so many company are rushing into the industry due to the massive boom.
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.
legendary
Activity: 2324
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Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?

I agree with you, crypto gamblers seem to have a deeper understanding of the gambling industry than regular gamblers. At least among my friends I noticed that the ones that own crypto currencies and also gamble more regularly have a better approach to casino games.

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.
hero member
Activity: 1694
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Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?

I agree with you, crypto gamblers seem to have a deeper understanding of the gambling industry than regular gamblers. At least among my friends I noticed that the ones that own crypto currencies and also gamble more regularly have a better approach to casino games. It might be the case that they just spend more time with it and invest their time to think more deeply about strategies and bonuses. The thing with traditional gambling is that it happens quite rarely. For me and my buddies we went like 3-4 times per year to visit our local casino, on top if that were maybe 1 poker evening per month. This is not a lot of time spend gambling when you compare it to how easy it is to visit a online casino from home. Another point for crypto users is that you have to be critical where to invest your money, there are so many different crypto protects and we don't want to lose our money. This level of critical thinking helps a lot when gambling.
sr. member
Activity: 574
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I get the point the the poster is trying to make but we know that there are distinctions. Crypto gamblers and regular gamblers are alike the difference is just the platform and the medium used to wager. In terms of privacy, I don't think any regular gambler would reveal their confidential bank details or any information that could not just compromise their account on the casino or sports bet website but also their bank details. This is the same caution that crypto gamblers take as well.

The difference I see is that if you are old and not tech savvy you want to stick to using your fiat for gambling which is what you are comfortable with than switching to crypto which may be too complicated for the old time gambler to adopt to.
sr. member
Activity: 546
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~snip~
I agree we can't gauge the difference between the two except for the deposit and withdrawal method. I don't spend much time observing other fiat gamblers, but I still see a lot of crypto gamblers who fall for these bonuses and then post a complaint or accusation later on. I think OP is giving more credit to us crypto gamblers when we're not that different from fiat gamblers overall. I also see a good bunch of them who make helpful guides, templates, and other stuff that helps new gamblers.
Crypto gamblers like bonuses because they see the opportunity to win some money from them. But the reality is that they won't get a chance to win at all and will experience loss. We have seen many gamblers who end up not getting anything from the bonus, say the Free Spin bonus, and they did get the Free Spin, but they couldn't win anything. But as crypto gamblers who often gamble at crypto casinos, we do see a lot of promotions aimed at people, so they visit the casino and get the bonuses.
I think the reason for all this bonuses on crypto casino is because of its still in a growing stage and all these tactics are actually to draw more customers to this section of gambling and I believe it's working because most people are actually interested in using or gambling on crypto site because of the massive promotions that most of the sites offer and I wont lie, even myself will choose a crypto gambling site over regular gambling sites. Although most of the site are not all that trusted because so many company are rushing into the industry due to the massive boom.
hero member
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Bitcoin = Financial freedom
Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details, they seek out to have more privacy and better sources of information. So that followed suit when it came for crypto to meet gambling as well.

It was crypto casinos that popularized the notion of provably fair gambling, and now the world had access to a technology that could undeniably prove the randomness of each bet. Regular online casinos to this day avoid using this technology, and gamblers that are not aware of crypto's perks rarely ever inquire about it. This is yet another good example of a difference between crypto gamblers and regular gamblers.

Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?

Such vague comparisons don't have to be the actual facts.

I disagree with many parts of your statements. The first thing is privacy and cryptocurrency can be anonymous and pseudo-anonymous while centralized exchanges enforce mandatory KYC for all their customers then privacy is nullified.

Provably fairness is something to verify the randomness of results while gambling online so the typical casinos aka land-based casinos use physical equipment and if you feel rigged surely you can find the fairness of the results by observing a few bets.

About the education status, its utter nonsense and if you say people use crypto for betting never addicted or wagered the money that they can't afford to lose.



hero member
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Leading Crypto Sports Betting & Casino Platform
Not all fiat gamblers are really careless and not all crypto gamblers are aswell careful enough to details, this imbalance cuts across both types of gamblers sometime crypto casinos also put up offers for bonuses which will aswell attract gamblers just like Fiat casinos too.

So the experience is literally seen in both set of gamblers but I think convenience has been the basic reason we see the variation in the types of gamblers, some find it most convenient gambling with Fiat and the others with crypto especially when it has to deal with the hitches associated with convertions and funding for crypto casinos, so I personally don't see been careful and others as the peculiarities in these different set of gamblers.
sr. member
Activity: 2156
Merit: 344
Maybe that is because crypto are kinda technical. It helps people to became smarter but there are still crypto users who are not those you described. This is where I can say that it'll still depend on the person no matter what payment methods they are using.

There are non-crypto gamblers who can get curious about how crypto works and what are its perks but there are also some who don't bother about it anymore. Maybe some will only, once they heard something that they will like. About money handling, again this will depend only to the gambler or person. Can't you see that a lot of threads here in the forum are about crypto gamblers who are getting addicted? Same goes to the rest that you said there.
hero member
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I think it's more about the fact that we are much quicker here, since it's crypto and already there, we get to gamble so much more and bonus means that we could get a lot more, not that we would win that and put it in our pocket, but we could get that and gamble that away too, and in a very quick gambling world, that means something, we should be noting that down as well.

It's quite difficult to make changes on the fly when you are that quick with your bets, and betting could be as small as one cent per bet, maybe lower too not sure never tried it, which means that betting a million times in an hour is possible, and not going to bankrupt you, and bonus means a lot when you think about how much people wager here.
That makes us like gambling using crypto because we can get more conveniences. At least that's what we get, and it makes us stay in crypto casinos rather than fiat casinos. We feel that gambling in crypto is growing faster than in fiat because many people have probably moved from fiat casinos to crypto casinos because they find something different from fiat casinos.

The best part is that there are still crypto casinos that don't implement KYC, so we still choose crypto casinos. In the future, crypto casinos will also be asked to follow regulations like fiat casinos do, but that doesn't rule out the possibility of crypto gamblers moving. Those who have found their passion in crypto casinos will be in crypto casinos for a long time.

~snip~
It seems that you are right in what you say. It seems that the free spin does not matter if it is programmed in the free spin that will be given to you; you will not win a large amount in gambling. I just noticed the bonuses, especially for newbies who enter the casino online.

I also noticed in the ads on the Facebook platform that there are casinos where you just sign up, even if you don't deposit anything. There is a welcome bonus immediately for newly signed ups worth around $6. I just forgot which casino this is.
We cannot win many wins and will still lose, as I experienced when I tried to play slots and bought the bonus. People think that if they buy a bonus or get a bonus, it is a chance to win a large amount of money. But what happens is that we don't win any money and only lose, so we have to realize that we have to really limit ourselves when gambling. Otherwise, we will only continue to experience defeat and lose money, whereas in gambling, losing money is bound to happen, while winning cannot always happen.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
I think there aren't many differences between crypto and regular gamblers thinking about smart decisions, bankroll management and performance. It seems they share the same levels. What I notice to be the biggest difference is the fact crypto gamblers are younger than regular gamblers who tend to be from older generations, as they don't have great informatic skills, neither interest for digital businesses. Obviously, 60-80 years old gamblers are much less likely to access internet, download a casino app or create an account at a virtual platform to deposit cryptocurrencies in order to gamble. Therefore, they demand for land based casinos.
full member
Activity: 770
Merit: 106
~snip~
I agree we can't gauge the difference between the two except for the deposit and withdrawal method. I don't spend much time observing other fiat gamblers, but I still see a lot of crypto gamblers who fall for these bonuses and then post a complaint or accusation later on. I think OP is giving more credit to us crypto gamblers when we're not that different from fiat gamblers overall. I also see a good bunch of them who make helpful guides, templates, and other stuff that helps new gamblers.
Crypto gamblers like bonuses because they see the opportunity to win some money from them. But the reality is that they won't get a chance to win at all and will experience loss. We have seen many gamblers who end up not getting anything from the bonus, say the Free Spin bonus, and they did get the Free Spin, but they couldn't win anything. But as crypto gamblers who often gamble at crypto casinos, we do see a lot of promotions aimed at people, so they visit the casino and get the bonuses.

It seems that you are right in what you say. It seems that the free spin does not matter if it is programmed in the free spin that will be given to you; you will not win a large amount in gambling. I just noticed the bonuses, especially for newbies who enter the casino online.

I also noticed in the ads on the Facebook platform that there are casinos where you just sign up, even if you don't deposit anything. There is a welcome bonus immediately for newly signed ups worth around $6. I just forgot which casino this is.
hero member
Activity: 2520
Merit: 624

Regular gamblers or the traditional one prefer more to gamble on casinos and they don't care that much about their security as you can still have your privacy on a casinos.

Regular gamblers really bother on the privacy because they jump in and out and that probably would not require KYC maybe because they don't win which will get them to verify their KYC for withdrawal. So this is the reason they may not submit their KYC but for a  crypto gambler who is consistent in profit would provide KYC for withdrawal and so they are careful about the casino they choose to play in. This is the difference therefore, if you are not getting winning from a casino then you may not be required to verify your KYC since you are not withdrawing.
sr. member
Activity: 2394
Merit: 357
I think it varies and largely depends on individual preferences. People who may prefer playing at home may want to remain anonymous and would prefer playing with crypto. That’s the only logical thing I can think of that’s the major difference between gamblers who use crypto and fiat.
People are beginning to care more about their privacy online and would prefer to remain anonymous whenever they can. And gamblers who use cryptocurrency may just like the idea of placing bets with something other than the traditional old fiat method.
There's a lot of technology today that let us choose at our own convenience, and yes playing at home are becoming the trend and the top choice to many. A crypto gambler have the luxury of playing at home while having the same excitement, you just have too choose the best site so you won't be worried about your security. Regular gamblers or the traditional one prefer more to gamble on casinos and they don't care that much about their security as you can still have your privacy on a casinos.
legendary
Activity: 3136
Merit: 1233
It is normal that the biggest difference is the privacy and I am not saying pseudo-privacy like many refer to it when talking about crypto casinos,the reason for this being simple,even though they can do a blockchain analysis to link your crypto address to the wallet they can never know when you exchange the money to which credit card it came for example,something that it can never be done with the FIAT casinos as they will need these details in order to release you the payment.This together with provably fair,a much more amount of game providers in favor of crypto casinos make crypto casinos better and even crypto gamblers better compared to regular gamblers.
hero member
Activity: 1708
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Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details, they seek out to have more privacy and better sources of information. So that followed suit when it came for crypto to meet gambling as well.

It was crypto casinos that popularized the notion of provably fair gambling, and now the world had access to a technology that could undeniably prove the randomness of each bet. Regular online casinos to this day avoid using this technology, and gamblers that are not aware of crypto's perks rarely ever inquire about it. This is yet another good example of a difference between crypto gamblers and regular gamblers.

Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?

You mean that counts for decentralized casinos running on top of a blockchain? For other casinos that claim full randomness for any of their dice games or slots or whatever you can play there, it usually needs quite some effort to be made by the player to really double-check whether the results of a round were purely random. I think many of the well established casinos claiming to be provably fair also are provably fair, but the truth is that hardly anyone, or maybe even nobody, goes the extra mile and checks hashes or changes seeds every round and then do the double-checks. There is still a certain level of trust involved.
hero member
Activity: 1302
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Leading Crypto Sports Betting & Casino Platform
I think it varies and largely depends on individual preferences. People who may prefer playing at home may want to remain anonymous and would prefer playing with crypto. That’s the only logical thing I can think of that’s the major difference between gamblers who use crypto and fiat.
People are beginning to care more about their privacy online and would prefer to remain anonymous whenever they can. And gamblers who use cryptocurrency may just like the idea of placing bets with something other than the traditional old fiat method.
This is the conveniency that we can get on gambling online and with crypto, its possible to remain anonymous.
Regular gamblers might still prefer to gamble on physical casinos and that is their choice, but many value their privacy now and I think since our technology offers a lot of good gambling sites, many becomes more interested in playing online. Traditional gamblers might hesitant to adapt and that why physical casinos are still there and will stay as long as the gamblers will continue playing.
Crypto-based online gambling does have the advantage that anonymity is more secure and no one else will ever know that we are gambler.
This is different from traditional casinos where there are lots of gamblers mixed together and we even interact with each other at the same table.
It just that for anonymity in online gambling there are quite lot of different meanings, for example casinos asking for KYC and customers saying they object to KYC because they still want to be anonymous in gambling.
However, in my opinion when gambler provides KYC it can still be said that he is still gambling anonymously because it is the casino team who knows the identity not other gamblers.Plus it is normal for the casino team to know the gambler identity because that is just requirement that must be met fulfill it as long as the casino can be trusted.

Both the online and traditional gambling industries physically have their fans and there are always visitors to both, but in its development online casinos are much more advanced and are attracted by more gamblers.
hero member
Activity: 1582
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I think it's more about the fact that we are much quicker here, since it's crypto and already there, we get to gamble so much more and bonus means that we could get a lot more, not that we would win that and put it in our pocket, but we could get that and gamble that away too, and in a very quick gambling world, that means something, we should be noting that down as well.

It's quite difficult to make changes on the fly when you are that quick with your bets, and betting could be as small as one cent per bet, maybe lower too not sure never tried it, which means that betting a million times in an hour is possible, and not going to bankrupt you, and bonus means a lot when you think about how much people wager here.

The cryptocurrency had their additional demand in the community because of the gambling site.The number of the gambler to the crypto gambling was increasing from the fiat gambling dat to day as like the crypto trading.The gambler who want more many from the gambling should ready to do the maximum game play in the gambling.The gambler who play the more game in the gambling per day will have the chance of making their maximum win from the gambling.The regular betting will had make you hard to withdrew the fiat to your bank account or the banker will ask to pay the taxes for the gambling wins to the bank account.
legendary
Activity: 3178
Merit: 1128
~snip~
I agree we can't gauge the difference between the two except for the deposit and withdrawal method. I don't spend much time observing other fiat gamblers, but I still see a lot of crypto gamblers who fall for these bonuses and then post a complaint or accusation later on. I think OP is giving more credit to us crypto gamblers when we're not that different from fiat gamblers overall. I also see a good bunch of them who make helpful guides, templates, and other stuff that helps new gamblers.
Crypto gamblers like bonuses because they see the opportunity to win some money from them. But the reality is that they won't get a chance to win at all and will experience loss. We have seen many gamblers who end up not getting anything from the bonus, say the Free Spin bonus, and they did get the Free Spin, but they couldn't win anything. But as crypto gamblers who often gamble at crypto casinos, we do see a lot of promotions aimed at people, so they visit the casino and get the bonuses.
I think it's more about the fact that we are much quicker here, since it's crypto and already there, we get to gamble so much more and bonus means that we could get a lot more, not that we would win that and put it in our pocket, but we could get that and gamble that away too, and in a very quick gambling world, that means something, we should be noting that down as well.

It's quite difficult to make changes on the fly when you are that quick with your bets, and betting could be as small as one cent per bet, maybe lower too not sure never tried it, which means that betting a million times in an hour is possible, and not going to bankrupt you, and bonus means a lot when you think about how much people wager here.
sr. member
Activity: 1064
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I think it varies and largely depends on individual preferences. People who may prefer playing at home may want to remain anonymous and would prefer playing with crypto. That’s the only logical thing I can think of that’s the major difference between gamblers who use crypto and fiat.
People are beginning to care more about their privacy online and would prefer to remain anonymous whenever they can. And gamblers who use cryptocurrency may just like the idea of placing bets with something other than the traditional old fiat method.
This is the conveniency that we can get on gambling online and with crypto, its possible to remain anonymous.
Regular gamblers might still prefer to gamble on physical casinos and that is their choice, but many value their privacy now and I think since our technology offers a lot of good gambling sites, many becomes more interested in playing online. Traditional gamblers might hesitant to adapt and that why physical casinos are still there and will stay as long as the gamblers will continue playing.

Agree with this mate as we all know that crypto gambling is we can play where ever we want, when ever we want so there a advantages once we involve bin crypto gambling cause we can hodl our crypto once we are the winner. But anyways regular gamblers is always be vigilant as we all know that it's easy to get our private I formation once we are careless. And in online casino is we can hide our identity and still being anonymous.
full member
Activity: 2086
Merit: 193
I think it varies and largely depends on individual preferences. People who may prefer playing at home may want to remain anonymous and would prefer playing with crypto. That’s the only logical thing I can think of that’s the major difference between gamblers who use crypto and fiat.
People are beginning to care more about their privacy online and would prefer to remain anonymous whenever they can. And gamblers who use cryptocurrency may just like the idea of placing bets with something other than the traditional old fiat method.
This is the conveniency that we can get on gambling online and with crypto, its possible to remain anonymous.
Regular gamblers might still prefer to gamble on physical casinos and that is their choice, but many value their privacy now and I think since our technology offers a lot of good gambling sites, many becomes more interested in playing online. Traditional gamblers might hesitant to adapt and that why physical casinos are still there and will stay as long as the gamblers will continue playing.
hero member
Activity: 2912
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~snip~
I agree we can't gauge the difference between the two except for the deposit and withdrawal method. I don't spend much time observing other fiat gamblers, but I still see a lot of crypto gamblers who fall for these bonuses and then post a complaint or accusation later on. I think OP is giving more credit to us crypto gamblers when we're not that different from fiat gamblers overall. I also see a good bunch of them who make helpful guides, templates, and other stuff that helps new gamblers.
Crypto gamblers like bonuses because they see the opportunity to win some money from them. But the reality is that they won't get a chance to win at all and will experience loss. We have seen many gamblers who end up not getting anything from the bonus, say the Free Spin bonus, and they did get the Free Spin, but they couldn't win anything. But as crypto gamblers who often gamble at crypto casinos, we do see a lot of promotions aimed at people, so they visit the casino and get the bonuses.
full member
Activity: 279
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I think it varies and largely depends on individual preferences. People who may prefer playing at home may want to remain anonymous and would prefer playing with crypto. That’s the only logical thing I can think of that’s the major difference between gamblers who use crypto and fiat.
People are beginning to care more about their privacy online and would prefer to remain anonymous whenever they can. And gamblers who use cryptocurrency may just like the idea of placing bets with something other than the traditional old fiat method.
sr. member
Activity: 770
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I have the feeling that in the near future, the competion will be fierce that conventional casinos will adopt crypto in other to remain in business.

It's already happening and Crypto casinos are already taking the lead, just look at the sponsorships of big sporting events being headlines by Cryptocasinos, I cannot name a single traditional fiat-based casino that is popular now more than the top Crypto casinos in the industry.
It's not a question of competition anymore it is a question of when will all these traditional or fiat-based casinos will integrate or include Cryptocurrency in their platform.

         -   In the past, there was no online casino; instead, there were only physical casinos. When there was a period of COVID-19, the online casino became trending, and it became the alternative solution to the traditional physical casinos so that they could continue the world of gambling for gamblers.

Now, when the COVID is over, gamblers can choose between land-based casinos and online casinos, which means that the COVID-19 situation has improved even more because gambling has now become less hassle for gamblers, even if they are in another country. They can gamble online.
legendary
Activity: 2282
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I have the feeling that in the near future, the competion will be fierce that conventional casinos will adopt crypto in other to remain in business.

It's already happening and Crypto casinos are already taking the lead, just look at the sponsorships of big sporting events being headlines by Cryptocasinos, I cannot name a single traditional fiat-based casino that is popular now more than the top Crypto casinos in the industry.
It's not a question of competition anymore it is a question of when will all these traditional or fiat-based casinos will integrate or include Cryptocurrency in their platform.

This is not surprising, as working with cryptocurrency is much faster, safer and more convenient than with money on a credit card or cash. In addition, the threshold of entry to cryptocurrency online casino is so low that a person can figure it all out on their own spending 1-2 hours, and having figured it out, making a deposit will take minutes. It seems to me that over time in any land-based casino will be possible to deposit cryptocurrency. The only question is the regulation of this sphere.
hero member
Activity: 2856
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Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details, they seek out to have more privacy and better sources of information. So that followed suit when it came for crypto to meet gambling as well.

It was crypto casinos that popularized the notion of provably fair gambling, and now the world had access to a technology that could undeniably prove the randomness of each bet. Regular online casinos to this day avoid using this technology, and gamblers that are not aware of crypto's perks rarely ever inquire about it. This is yet another good example of a difference between crypto gamblers and regular gamblers.

Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?
Honestly i dont really see the difference in speaking about peoples or gamblers awareness about on the things that they are involved into on which it would really be just that so normal that there might be some lapses in terms of some small details but eventually those things would really be that learnt along the way on which i dont see the difference in between crypto gamblers than with those typical ones or something that involves with fiat or to those default ones. It would really be just that normal that there might be something slight difference on how it do operates but in overall it is really just that similar.
Difference is that they do involved into some payment methods on which in between fiat and crypto but in overall, gamblers would really be just thinking up the same.

The thing on here is that no matter what you are really that engaging into, you are really that still doing gambling on which it is really that always important that control and moderation would
really be that needed because both things are really just that the same.They do only differ only on the time that payments or transactions been made
but the overall correlated ideas are just the same.
legendary
Activity: 3080
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I have the feeling that in the near future, the competion will be fierce that conventional casinos will adopt crypto in other to remain in business.

It's already happening and Crypto casinos are already taking the lead, just look at the sponsorships of big sporting events being headlines by Cryptocasinos, I cannot name a single traditional fiat-based casino that is popular now more than the top Crypto casinos in the industry.
It's not a question of competition anymore it is a question of when will all these traditional or fiat-based casinos will integrate or include Cryptocurrency in their platform.

True, I mean in the pandemic, we have seen a lot of crypto based gambling suddenly popping out in our community and up to this day they are still in the mix and the competition are very tough as they wanted to take a big slice on this billion dollar industry. So once in a while we will see new casinos, unlike land base wherein we haven't heard any new one because just the cost of establishing one is billion dollar and it might take years before they can get a decent ROI.

So definitely competition is here and I will not be surprised if crypto based will be on the top of the game right now. Maybe the OP is right that crypto gamblers are not that easily trick because of the way we wanted to play in this casinos, we looks for trust and reputation before we will deposit some money and play with.
full member
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I have the feeling that in the near future, the competion will be fierce that conventional casinos will adopt crypto in other to remain in business.

It's already happening and Crypto casinos are already taking the lead, just look at the sponsorships of big sporting events being headlines by Cryptocasinos, I cannot name a single traditional fiat-based casino that is popular now more than the top Crypto casinos in the industry.
It's not a question of competition anymore it is a question of when will all these traditional or fiat-based casinos will integrate or include Cryptocurrency in their platform.
legendary
Activity: 3458
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Leading Crypto Sports Betting & Casino Platform
The Brick n mortar (or land based) casinos use a lot of strategies to get people to bet more and also to gamble for a longer time. (Example : They do not have windows to the outside for instance, so that you do not keep track of the time)

They will also place the games with the best RTP in the areas where people do not want to sit... (busy areas or in corners) .... so your typical Crypto gambler are not influenced by these tricks.  Wink
full member
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It doesnt make sense. I can tell that people's experiences with gambling can vary widely but I think regardless of whether they are involved in traditional gambling or crypto gambling, both can develop strategies and make educated decisions to manage their money effectively. Both have equal risks to fall prey to deceptive tactics and psychological traps and its essential for anyone engaging in gambling activities to be aware of the risks and gamble responsibly, regardless of the platform they choose. Smiley
legendary
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Leading Crypto Sports Betting & Casino Platform
Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?

I think since most crypto individuals were once fiat gamblers, they have the attitude of fiats gamblers and an addition of those of crypto gamblers which make it very worse. Most crypto gamblers I know of don't care if they lose because they're not attached to the coins they're using to gambler. Crypto gamblers are already used to risk of losing their money as they get same feelings from the volatility the market has therefore they consider gambling in the same way, they gamble more than fiats gambling.

Crypto gambling is very easy to do and it's becoming more popular, crypto gamblers would find it more easy to continue gambling as deposit are fast and withdrawal are instant. Most fiat gambler still prefers traditional gambling with casino but crypto gamblers can only do that with their electronic devices. Crypto gambling is till very new both the rate of addicted individuals are increasing and that's because of the convenience that crypto gambling has.
Crypto gamblers and fiat gamblers. First , the psychology of a gambler, whether they're dealing with fiat or crypto, is fundamentally rooted in risk-taking. But the crypto world amplifies this. Why? Because, the volatility of the crypto market has conditioned, yes conditioned, many to be accustomed to dramatic swings. So, when they gamble with crypto, it's like they're just continuing the roller-coaster ride they're already on.

Crypto gambling is easy. Too easy. Instant deposits, instant withdrawals... And while traditional fiat gamblers might enjoy the physicality of a casino, crypto gamblers, they're in a whole different ball game. They're playing from their devices, anytime, anywhere. It's a double-edged sword, really. On one hand, it's innovation at its finest; on the other, it's a potential pitfall for addiction.

The rise in addicted individuals? It's alarming, very alarming. The convenience of crypto gambling is a siren song, luring many into its depths. We need to tread carefully, very carefully. We need regulations, we need awareness, and above all, we need responsibility. Remember folks, just because you can, doesn't mean you should.
hero member
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Leading Crypto Sports Betting & Casino Platform
-snip

Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?
not sure if my answer has been answered by others, but my opinion is just about experience.
you say that crypto gamblers are smarter in handling all risks such as money management or even avoiding fraud regarding bonuses etc., but its not only crypto gamblers who can do all that and ordinary gamblers are also able to have the attitude that crypto gamblers have because for me this is just about a gambler experience not about whether he is a regular gambler or a crypto gambler.

It is often discussed that experienced gamblers know better how to manage money and know how to understand risks and of course know which sites give real bonuses and which sites give fraudulent bonuses. so we can not make assumptions just because of crypto gamblers and regular gamblers because its all about the differentiating experiences not about the base.
legendary
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Leading Crypto Sports Betting & Casino Platform
Learning about crypto gambling is actually quite easy. If a gambler is curious to learn, they can search online, especially on YouTube, and they'll understand more about it.
Yes, it's true that there are lots of them available on YouTube and even on social media, but talking about crypto gambling is not easy for those who are beginners, of course they need to learn more about the crypto that they want to use and study, but in my personal view they need to learn more in This forum is because of course they can get more information about any crypto because this is where there are many crypto communities that can be relied on, especially when it comes to crypto gambling, everything is here without having to look on YouTube and social media.

Not many people who use crypto use crypto to gamble because they prefer to keep it as a hedge and use it as an investment for themselves rather than spending it on gambling, therefore most people who gamble use stablecoins to gamble, which is better than gambling using crypto.
hero member
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Because with crypto gamblers, we are estimating the value in terms of dollar or with fiat value with the amount that we're going to gamble for specific cryptos like Bitcoin.

While the regular gamblers, they're plain and simple and there's no need for estimation or calculation with how much they're going to gamble with.

Usually, after winning, most gamblers are cashing out and then spend it with whatever they want. With crypto gamblers, we value that and there's even a chance that we don't spend it at all and just holds it the way an investor does.
sr. member
Activity: 1666
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Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details, they seek out to have more privacy and better sources of information. So that followed suit when it came for crypto to meet gambling as well.

It was crypto casinos that popularized the notion of provably fair gambling, and now the world had access to a technology that could undeniably prove the randomness of each bet. Regular online casinos to this day avoid using this technology, and gamblers that are not aware of crypto's perks rarely ever inquire about it. This is yet another good example of a difference between crypto gamblers and regular gamblers.

Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?

In my opinion and observation, crypto gamblers value their crypto winnings more than regular gamblers in traditional casinos. Maybe that's because of the cryptocurrency we use here, while in traditional casinos only fiat currency is used and nothing else.

Then the bonuses are better compared to this in the crypto gambling business compared to the traditional one. Here, for crypto gamblers, when others win by playing gambling, the crypto assets they won, when they hold it, there is a chance that the value will increase, although it is volatile unlike that of Fiat.
hero member
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most people in my country don't have enough knowledge about these things or don't want to learn and take responsibility so they even make their account by asking to friend who know about this things.

Many people may not know about crypto gambling, but I'm sure there are already plenty of gamblers who have tried traditional gambling platforms. In fact, using traditional fiat platforms is the safest option if you don't mind giving up some privacy, as they are regulated in your country. This means you can take legal action if you get cheated.

On the other hand, with crypto casinos, most of them don't operate in our country. So, we have to take a risk and trust them, knowing that there might not be any legal recourse if we get scammed. However, this risk can be minimized by choosing a reputable gambling site.

Learning about crypto gambling is actually quite easy. If a gambler is curious to learn, they can search online, especially on YouTube, and they'll understand more about it.
hero member
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Leading Crypto Sports Betting & Casino Platform
Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?
I don't see how that has anything to do with someone being a crypto or regular gambler. People who lack experience and basic knowledge will become victims of scams or deceptive bonuses and stuff and get carried away, betting more to recover the losses, or any other psychological decisions is not related to using cryptocurrency or fiat for gambling but they depend on the person and their mindset about gambling and mainly, how self-controlled they are.

I know that traditional fiat casinos that operate online don't have technologies such as a provably fair system or don't have a lot of options for the gamblers to choose from for deposits and withdrawals, they might even have different games than the ones that we see in cryptocurrency casino platforms. I believe they will adapt and evolve as we move further into the future.
full member
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it's obvious because we are in crypto space because we are curious interested to learn more about technology. I am not talking about those new people who just figure out about crypto and just trade on exchanges and nothing know about blockchain, privacy, etc.
people like us are curious to learn more about technology. so we have better tech knowledge so we read everything and try to understand if not understood we research about those terms.
most people in my country don't have enough knowledge about these things or don't want to learn and take responsibility so they even make their account by asking to friend who know about this things.
sr. member
Activity: 686
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Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details

I have noticed opposite difference. People who gamble with crypto are more careless than people who gamble with fiat. And I think I have an explanation for that. Crypto gamblers are under influence "easy come easy go". All people who gamble, convert unintentionally their bets with their national currency and salary. So their 1 dollar bet always be equal to 1 dollar. People who bet crypto care less on an outcome because, lets say the difference in currency prices in the past and todays price let them feel more free. For example a guy who has bought 1 BTC when the price was 5k, will easily place a 0.1 BTC bet when Bitcoin price is 69k, because he will still have 62k worth asset. But the guy who will make a 6900 bucks worth bet will think twice before doing it.
No, I don't agree, people who are rich in crypto are more careless when they are gambling, they have it all so why won't they do anyhow? It depends on the person who is gaming with crypto, if buying crypto cost me a lot and I still carelessly gambling it away I will feel hurt, it depend on how you get the crypto, you can pretend as if you don't care but that's because you don't sweat on getting the crypto...

This type of move is why people believe that you don't work hard for your money, and crypto is money, if you start spending your fiat or crypto lavishly it shows that you are a scammer or the assets don't really belongs to you, for whoever work extremely hard for their assets or cash won't think about wasting them away no matter how gigantic their bank account is, what the hell is easy come and easy go? Like everyone can afford 1 BTC today, you should have separate the points apart.

Not every Bitcoin holders are whales, not every bitcoin holders are early buyers, some can't even get 0.01 BTC since they started their dollar cost averaging, I care about my crypto and it's what I use for gambling, I don't like losing them because I am a responsible gambler, it is not easy to accumulate crypto even if it's not BTC, so for me every dollar matters.
legendary
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Top Crypto Casino
In terms of money just digital and physical in the physical casino they have a money converted into tokens in the crypto casino they have the crypto as their token it is. Just the mode of payment or wagws is just the difference not have too much to compare. But if we talk about the casino itself it's easier for the regular casino to raise a concern than the online casino because you can check them out face to face and another thing you don't need to submit a KYC into a casino online the online but of course still they have records to the player who abuse their system for possible blacklisting.
sr. member
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Majority of gamblers do it with fiat as it is more convenient and of course requires from little to no technical skills to get into it. Crypto gamblers I think just want privacy and of course the ability to have much more advance ideas most specially in taking risks than fiat based gambling. Crypto gambling here in my country is not common that is why anyone who has plans to jump-in must do their own due diligence. Fiat or regular gamblers are reckless and then they always ends up so badly due to the fact that they sometimes don't anticipate or need to have technical ideas about the platform or a specific betting.
Fiat gamblers also want privacy and that's why most online casinos still have Fiat as one of their payment option on the platforms, I remember the first time I had my experience with gambling, it was on a online casino and I used Fiat for the first time to gamble, today I just decide to stick with crypto gambling because I am 1000% into crypto than anything else.

Every gamblers, either those who use Fiat or Crypto are reckless, the main reason many people are gambling is because of their present condition, or maybe poverty, they are simply trying their luck to have better days or future, technical ideas don't always work in gambling, this is just me saying this, no one should take it very serious, I believe there is more to gambling than we know, because it's luck based it feels like gambling have something to do with the spirit being in us, maybe this was why Jesus hates gambling.

It's something that have everything with the spirit part of every being, it either messed it up or reshaped you into a very strong man, those who are into gambling very well knows that luck comes when you least expect it but if you rely on luck too much it will deal with you mercilessly, this is why the Holy Book encourages hard work than putting yourself at a bigger risks.
sr. member
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I don't see a huge difference between crypto casinos and regular gamblers who use fiat casinos. When it comes to games, if blockchain is involved, fiat casinos can't compete. However, the biggest games in the crypto gambling industry still come from sports betting, if I'm not mistaken. They offer the same types of games as fiat casinos, but the difference is that in crypto casinos, we can maintain our privacy as they don't require gamblers to comply with KYC directly. They also allow gamblers from countries that are banned by fiat casinos. So when it comes to convenience, I'd choose crypto casinos. However, in terms of security, I think fiat casinos have the upper hand.
That's cause there isn't any big difference, maybe the aspect of crypto gamblers being mostly online and pseudonymous can be the only striking difference but the online part can be debated too as there are fiat casinos that are operating online too. Another difference although not huge would be the payment system is, which is fiat for the fiat casinos and cryptocurrency for crypto casinos which isn't really a big difference, maybe what @0t3p0t is the only big difference if I am corrected, that there's some technological skill involved in crypto gambling since you've to know how to set up your wallet and how to buy the crypto that you're going to use to gamble.
hero member
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From what I've seen, people who use cryptocurrencies are naturally skeptical and want to learn a lot. Why? Because data is king in the world of crypto. Cryptocurrencies are decentralized, which means that users have to be more careful and proactive about where they put their trust.

Provably fair gambling is a truly revolutionary idea that bridges the gap between regular gamblers and crypto gamblers. Regular casinos that dont use these kinds of openness measures are, to be honest, out of date and show that they dont care about fair games. Individuals who do not use cryptocurrency to gamble are unintentionally at a disadvantage because they do not expect this level of openness. What you say about the psychological tricks that regular bettors fall for is a harsh truth. The intellectual gap is made even wider by the appeal of fake bonuses and other casino tricks. Crypto players naturally build a defense against these kinds of psychological traps because they are always trying to learn more. Do I think this gives them an edge? Of course.
hero member
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Nah. It's probably because most of the people you've been with or have seen with gambling are the ones who fall for the tricks. Not to mention that comparing crypto gamblers to gamblers can be rather different since crypto is relatively young compared to gambling itself. Add to that how the "deceptive" tricks of casinos are basically the same as crypto casino tricks, there's really not much to compare here. I guess crypto casinos required crypto gamblers to just have that additional layer of knowledge, but let's be real, the majority probably don't even know how it actually works. They just know the knowledge itself.

As for the privacy part, to be fair, most crypto casinos are actually KYC-enabled. I don't think it matters that much when comparing the two really.
hero member
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Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?

I think since most crypto individuals were once fiat gamblers, they have the attitude of fiats gamblers and an addition of those of crypto gamblers which make it very worse. Most crypto gamblers I know of don't care if they lose because they're not attached to the coins they're using to gambler. Crypto gamblers are already used to risk of losing their money as they get same feelings from the volatility the market has therefore they consider gambling in the same way, they gamble more than fiats gambling.

Crypto gambling is very easy to do and it's becoming more popular, crypto gamblers would find it more easy to continue gambling as deposit are fast and withdrawal are instant. Most fiat gambler still prefers traditional gambling with casino but crypto gamblers can only do that with their electronic devices. Crypto gambling is till very new both the rate of addicted individuals are increasing and that's because of the convenience that crypto gambling has.
full member
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I think there is no big difference between crypto and normal gambling except the payment method. But definitely crypto has some advantages that fiat money doesn't. A crypto user can easily deposit and withdraw in gambling from anywhere in the world but in fiat money deposit a gambler cannot deposit without a currency mentioned one. KYC is mandatory on any fiat supported gambling platform. Without KYC they cannot withdraw. But even if a crypto platform is said to be kyc mandatory but not for all, there can be deposits and withdrawals, though not all sites may be able to provide relatively good support to crypto gamblers, which is not available for fiat gamblers.
full member
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Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?
- In my view, the type of gambling, whether it's online or traditional, fundamentally requires gambling and analytical skills as a prerequisite. The key distinction lies in the fact that for online gambling, you also need to be adept at handling online transactions and navigating websites. However, the ability to execute these tasks doesn't necessarily correlate with the wisdom of the decisions you make.
- The essence of successful gambling is rooted in understanding the games, probabilities, and managing risks. It's about making informed decisions, knowing when to take calculated chances, and having a keen sense of when to walk away. This holds true for both online and traditional gambling.
- So, irrespective of the platform you choose, be it a digital casino or a brick-and-mortar one, the foundation of gambling competence remains consistent. Ultimately, it's your decision-making prowess, discipline, and ability to assess the odds that determine whether you'll succeed or fall short in the world of gambling.
hero member
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I think it's the same between crypto gamblers and fiat gamblers. The name may be different, but it's the same.
I agree we can't gauge the difference between the two except for the deposit and withdrawal method. I don't spend much time observing other fiat gamblers, but I still see a lot of crypto gamblers who fall for these bonuses and then post a complaint or accusation later on. I think OP is giving more credit to us crypto gamblers when we're not that different from fiat gamblers overall.
Actually, there are several differences in the attitude and character of each gambler in these two groups, but now many crypto gamblers are also still playing fiat gambling so it will be more difficult to observe any differences.
However, if we talk about bonuses it is actually just casino promotion that makes gamblers more curious and try to get every available bonus, and it is normal that many gamblers still like bonuses.
This is not very striking difference.

Quote
I also see a good bunch of them who make helpful guides, templates, and other stuff that helps new gamblers.
So that the difference that we are here to help each other and provide advice and advice to other gamblers, in contrast to fiat gamblers in traditional casinos where on average there are gamblers who compete with other gamblers.
sr. member
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This is like saying that crypto gamblers are special. I think we aren't. Although we probably have the tendency to think highly of ourselves, that we are a different breed of gamblers, that we are highly aware, but I don't necessarily agree. In fact, if we come to think of it, we're like fooling ourselves actually. We know that there's a house edge, we know that the casinos are the ones that will become rich, we know that in gambling we're losing more than winning, and yet we continue to gamble. Other people might actually laugh at us.
legendary
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Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?
It depends on how they manage the money, sometimes the crypto gambler is even more wasteful than a regular gambler because they can easily deposit it using crypto where the website doesn't use the KYC. While the regular member must have cash, visa or any card which is quite complicated to deposit. but again this depends on the person, Managing the crypto is easy because we have our own wallet which we can do anything with that. but sometimes, the casino trick is more powerful to bring use deposits when they have a good program, This can't be avoided even for crypto or regular member.
legendary
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I think it's the same between crypto gamblers and fiat gamblers. The name may be different, but it's the same.
I agree we can't gauge the difference between the two except for the deposit and withdrawal method. I don't spend much time observing other fiat gamblers, but I still see a lot of crypto gamblers who fall for these bonuses and then post a complaint or accusation later on. I think OP is giving more credit to us crypto gamblers when we're not that different from fiat gamblers overall. I also see a good bunch of them who make helpful guides, templates, and other stuff that helps new gamblers.
hero member
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Be nice!
Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details, they seek out to have more privacy and better sources of information. So that followed suit when it came for crypto to meet gambling as well.

It was crypto casinos that popularized the notion of provably fair gambling, and now the world had access to a technology that could undeniably prove the randomness of each bet. Regular online casinos to this day avoid using this technology, and gamblers that are not aware of crypto's perks rarely ever inquire about it. This is yet another good example of a difference between crypto gamblers and regular gamblers.

Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?
There's not much difference between regular online casinos and crypto online casinos as there's platform who offer the same services or even better from regular to crypto casino or vice versa.
As per the gambler itself, it varies to each gamblers as there are some who are more strategic when it comes to fiat as they deal with higher number of money compared to crypto such as bitcoin where you only gamble decimal amount. But still, both gamblers can be manipulated or tricked by bonuses, get addicted and even lose control with their bets. The only main difference is what you're gambling on where regular use fiat and crypto uses crypto but for me, it's much more riskier with crypto gambling as not only that you're gambling with your coins but also the market can change for that coin and change the value you'll have. For example, you may double the bankroll of your crypto and the market drops, instead on having twice the value, you may even have lower value from what the value you've started afterwards.
hero member
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Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details, they seek out to have more privacy and better sources of information. So that followed suit when it came for crypto to meet gambling as well.

It was crypto casinos that popularized the notion of provably fair gambling, and now the world had access to a technology that could undeniably prove the randomness of each bet. Regular online casinos to this day avoid using this technology, and gamblers that are not aware of crypto's perks rarely ever inquire about it. This is yet another good example of a difference between crypto gamblers and regular gamblers.

Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?

Their are two types of gambling sites,online gambling which based on the fiat and the cryptocurrency.The gambling site based on the fiat was not the popular one before,because the complication of the deposit of the money from the bank to your gambling sites.This was the major cause of the more crypto gambler as compared to the normal gambler.The normal gamblers sometime choose the offline gambling for the deposit problem with the bank.But the crypto based gamblers doesn’t get any deposit issue because the transaction was made using the cryptocurrency.The withdraw limit for the crypto based gambling sites doesn’t had any limit.
hero member
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I think it's the same between crypto gamblers and fiat gamblers. The name may be different, but it's the same. We may feel it is different and think we are more thorough than fiat gamblers. But fiat gamblers can also feel that they are more conscientious than we are. But fiat gamblers can easily be tempted by offers from casinos they see on social media or other sites, whereas we will look for the offers we want. Well, whatever it is, each gambler will feel that they are more careful, and that is true because by being more careful in gambling, we are responsible for playing gambling.
hero member
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Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details, they seek out to have more privacy and better sources of information. So that followed suit when it came for crypto to meet gambling as well.

It was crypto casinos that popularized the notion of provably fair gambling, and now the world had access to a technology that could undeniably prove the randomness of each bet. Regular online casinos to this day avoid using this technology, and gamblers that are not aware of crypto's perks rarely ever inquire about it. This is yet another good example of a difference between crypto gamblers and regular gamblers.

Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?

In as much as I think there is more to privacy when you gamble with crypto, I don't think there is much privacy people have in gambling with crypto because what is the use of crypto and then you were asked to do KYC, is there any privacy left in that to be protected? I don't think so except for the casinos that doesn't request for KYC but we have just few of them that have good games.

Another  logicalreason I think people gamble with crypto is because they want to avoid taxes. When a regular based gambler played with fiats, they deposit and withdraws through fiats and in some countries, you pay taxes from this games that you win but with crypto especially when you are not ready to convert to fiat, they keep their profit in crypto.

The last but not the least, some people don't like to leave their money in fiat because they don't appreciate, they rather lose value due to inflation but with bitcoin for example, you can keep compiling more bitcoin in profit and when the market moves, they gain more instead of fiat that will remain domant without appreciating in value.
legendary
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Probably the biggest difference between FIAT gamblers and Cryptocurrency gamblers is the fact those who use Bitcoin and other cryptocurrencies is that the latter are more instructed and aware on the usage of private and public cryptographic keys, on the other hand, the FIAT gamblers do not how to manage those keys and completely focus on the management on his assets through third parties.

Some many argue that if a gambler signs up on an online casino and deposits their wager in USDT, then that person is not actually gambling FIAT and I would agree; because there is no bank account involved and still that token can be withdrawn to a non-custodial wallet, away from the control of traditional banking institutions.
If we talk about behavior, I would not dare to speculate if FIAT and Crypto gamblers are different, I have no idea.
full member
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Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?
Crypto gamblers focused on cryptocurrency to stake on. Winnings shape the mindset; they chart the course for determining earnings. Crypto gamblers are more efficient knowledgeable and determined to make critical system decisions. They are also often in advantageous positions to reap benefits from the system. Crypto and regular gamblers are all longing for the same thing: massive fortunes from the system. It is difficult to stimulate the distinctions between these categories. Regular gamblers are primarily concerned with its substantial gains they will be able to generate.

hero member
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Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?

You mean regular gamblers who aren't into crypto gambling? If that's what you mean, then I think what they might not be aware of is the complete privacy we can enjoy when using a crypto casino. As for the bonuses and promotions, they're pretty much the same. How we handle ourselves in gambling still depends on how responsible we are, as there are addicted crypto gamblers and responsible gamblers too. After all, we are all human, so the platform we use for gambling doesn't have a big impact on how we behave when we gamble.

Another thing is that crypto gamblers are often high-risk takers. The fact that we use crypto to gamble means that we understand the risks involved, given the high volatility of crypto, which can change its value at any time. So, we're pretty good at managing risk if we're responsible gamblers.
legendary
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I don't see a huge difference between crypto casinos and regular gamblers who use fiat casinos. When it comes to games, if blockchain is involved, fiat casinos can't compete. However, the biggest games in the crypto gambling industry still come from sports betting, if I'm not mistaken. They offer the same types of games as fiat casinos, but the difference is that in crypto casinos, we can maintain our privacy as they don't require gamblers to comply with KYC directly. They also allow gamblers from countries that are banned by fiat casinos. So when it comes to convenience, I'd choose crypto casinos. However, in terms of security, I think fiat casinos have the upper hand.
full member
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Crypto gambling is the new meta because it is easy to access because it is online, and crypt currency is also well known to others. Especially investors. Well, traditional gambling is still popular these days, as many people are still fans of physical gambling games as they are more fun and entertaining, especially for the elderly. Mainly, one of the main differences between crypto gambling and regular gambling is that regular gambling is for gamblers who like engagement with other people, or socialising, in short. While crypto gambling is easier to access with just a device, it is suitable for gamblers who don't have social skills or are introverts, and of course, it is more popular among young people. Still, even though they have differences, gambling is gambling, and gambling is a form of entertainment with money involved, while it has its good side, as we know both of them can cause addiction.
sr. member
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Majority of gamblers do it with fiat as it is more convenient and of course requires from little to no technical skills to get into it. Crypto gamblers I think just want privacy and of course the ability to have much more advance ideas most specially in taking risks than fiat based gambling. Crypto gambling here in my country is not common that is why anyone who has plans to jump-in must do their own due diligence. Fiat or regular gamblers are reckless and then they always ends up so badly due to the fact that they sometimes don't anticipate or need to have technical ideas about the platform or a specific betting.
sr. member
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Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details

I have noticed opposite difference. People who gamble with crypto are more careless than people who gamble with fiat. And I think I have an explanation for that. Crypto gamblers are under influence "easy come easy go". All people who gamble, convert unintentionally their bets with their national currency and salary. So their 1 dollar bet always be equal to 1 dollar. People who bet crypto care less on an outcome because, lets say the difference in currency prices in the past and todays price let them feel more free. For example a guy who has bought 1 BTC when the price was 5k, will easily place a 0.1 BTC bet when Bitcoin price is 69k, because he will still have 62k worth asset. But the guy who will make a 6900 bucks worth bet will think twice before doing it.
Most countries in the world have a much lower value of money than the dollar, so when a gambler gambles with crypto, everything is done in dollars.  And that's why the dollar amount is less compared to his country's money, no one hesitates to spend lakhs of his country's money with dollars but when they gamble using their own fiat money, they think twice about spending 10k in local money. When someone gambles using fiat money, he has a risk of being held accountable for overtransitions according to the country's laws, but gambling with crypto does not have this fear.
hero member
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The difference is that crypto gamblers are also crypto traders while the gamblers using fiat are pure gamblers. Most of those guys have been gambling for more than 10 years, long before crypto was created, they were already betting on casinos and sports.

Crypto gamblers most if not all only learned to gamble because cryptocurrency projects are trying to find ways for the utility of the tokens/coins thus the introduction of crypto casinos.
legendary
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Other than payment method, I guess it is risk tolerance. Crypto gamblers are not only embracing the risk of losing with their bet but also with the value of their chosen token to bet with; btc and others. Imagine losing with your bet and a sudden dump with the price of your token holding. This is also the possible reason why there are still gamblers who are not into cryptogambling aside from the potential inconvenience of funds being stucked to the platform itself. Regardless of this, we as gamblers has our freedom where to play at our preference.
legendary
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I don't think there's such a difference between these two. They are both gamblers with a difference in using currencies. But when it comes to decision-making, it's all just the same.
I am a crypto gambler but I still always want to figure out how much dollars I am making. I mean, that's part of having knowledge if you need to walk out or keep on playing to add more to the profits before withdrawal so that you can maximize what you will spend in one transaction fee.
7k in satoshis for Bitcoin withdrawals. That's over $2 if I am not mistaken or as it is valued at the time of this posting. Who will withdraw 10k satoshis and pay 7k satoshis? I don't think there will be one crypto gambler who will do that.

Regarding the way of thinking when they gamble, I think both can also be greedy and would also take high risks when they are chasing losses. The only difference is if one has discipline and a responsible gambler while the other is not.
sr. member
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[...]
Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc.
You are reaching. Just because crypto gamblers value their privacy more and more aware of the provably fair system doesn't mean they are better than fiat gamblers. I would argue that those knowledge are irrelevant when it comes to handling money or managing bankroll or assessing marketing promotions of casinos.
legendary
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Stablecoin value will remain stable but crypto will not be stable because its value can be expensive and it can be cheap, but it will be painful when you gamble with crypto and then seeing the price of that crypto in the next few years will definitely be painful, just experiencing defeat is already a loss and you will regret seeing the value rise drastically You will definitely feel defeat deeply, causing regret.

I once spent some Doge while gambling a few years ago where the price of Doge at that time was very cheap but when Elon Musk tweeted about Doge the price soared very high, if I counted all the Doge that I had bet it was enough to buy a car luxurious at the moment, since then I no longer gamble using crypto, preferring stablecoin which is easier to use. There is no difference between gambling with crypto currency or stabilcoin because both play with risk, but it all comes back to each.  Grin
hero member
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Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?

Do you have data to back this, you are just assuming that it is the case and there's no study that backs up your claim whether Crypto gamblers are more educated than fiat, it still goes up to every gambler based on their character experience and situation.

Honestly, I don't see any difference some gamblers are learning and some gamblers make the same mistake over and over again.
The only thing that will differentiate gamblers are their characters and their status in life whether they are Crypto gamblers or regular drivers.

I have a lot of friends who shifted from fiat gamblers to Crypto gamblers but they remain the same nothing changes it just that they change how they fund their accounts.
hero member
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For now, crypto casinos have become like fiat casinos because crypto casinos also ask their users to do KYC. The difference between crypto and fiat casinos is the same, especially since regulators are still trying to supervise crypto casinos. Regulators thought that crypto casinos, with their anonymity, were becoming a place to conduct illegal activities so regulators felt they needed to start monitoring them.

The difference may be seen in the bet amount where when someone uses 1 satoshi to bet on dice or HiLo, they are using a very small amount of money when compared to fiat casinos where there is a certain minimum amount that the gambler must use. But I didn't think about the difference between crypto casinos and fiat casinos. I also don't gamble at fiat casinos and only know crypto casinos.

But we can agree that crypto gamblers will be more aware of the dangers of scamming than fiat gamblers. That's because many crypto casinos scam and deceive people. But crypto casinos and fiat casinos can both lead people to gambling addiction if they cannot control themselves.
hero member
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Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details, they seek out to have more privacy and better sources of information. So that followed suit when it came for crypto to meet gambling as well.

Maybe in the beginning, this is the case, but now with the whole KYC mandated, almost all casinos now required their customers to follow KYC and so there's no more privacy for us and there's no difference whatsoever with fiat gambling system.

It was crypto casinos that popularized the notion of provably fair gambling, and now the world had access to a technology that could undeniably prove the randomness of each bet. Regular online casinos to this day avoid using this technology, and gamblers that are not aware of crypto's perks rarely ever inquire about it. This is yet another good example of a difference between crypto gamblers and regular gamblers.

I think it's just a buzzword for crypto related platform, but how many of us are checking the games that we played to say that they are provably game? I also have a hint that not everyone knows how to check it.

Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?

Gamblers will be gamblers though, I mean maybe the difference is that in crypto, we will check first if the platform has the reputation already and we are afraid to try new ones. But as soon as those new casinos established their trust here in our community then gamblers are going to try it to and see for themselves.
sr. member
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I see both crypto and fiat casino as the same in terms of limiting your gambling expenses or not. An addicted gambler will still use on his money in his bankroll and keep on chasing his losses if he gambles either in a cryptocurrency casino or a fiat casino.

I can attest to this and from my personal experience, crypto gambling is more of a different ball game. Recently, I have been using more of crypto platform in my gambling and I can already confirm the difference. Apart from the comfort the deposit and withdrawal method offers, I'm also enjoying the psychological improvement I experience using cryptocurrency.  For instance, I pay more attention to details, check my risk exposure and try my best to control greed level.

I have the feeling that in the near future, the competion will be fierce that conventional casinos will adopt crypto in other to remain in business.
If we are talking about the features in a cryptocurrency casino, this depends in the country that you are because a second world country fiat online casino will likely have similar features with a cryptocurrency casino. When you are from a third world country the online casino features in your country will differ from the crypto casino because cryptocurrency casino will be more in a second world country that a third world country but you can access it from any location.
sr. member
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Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details, they seek out to have more privacy and better sources of information. So that followed suit when it came for crypto to meet gambling as well.

It was crypto casinos that popularized the notion of provably fair gambling, and now the world had access to a technology that could undeniably prove the randomness of each bet. Regular online casinos to this day avoid using this technology, and gamblers that are not aware of crypto's perks rarely ever inquire about it. This is yet another good example of a difference between crypto gamblers and regular gamblers.

Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?
I don't see any difference between crypto gambling and regular gambling because the rewards, whether in cryptocurrency or regular money, are typically valued the same. It's essentially the same kind of gambling happening in both cases. Many online casinos offer different deposit options for you to choose from. Regarding privacy, as you mentioned, I don't believe there's much. Most casinos ask users to go through a KYC verification, so it doesn't really matter what currency you use to deposit. your privacy is still affected by the KYC process they have in place.
hero member
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Honestly I don't see any different between a cryptocurrency gamblers and a fiat or local gamblers. A person that is a fiat or regular gambler can decided to use crypto casinos to make bet based on information they might have gotten from friends around on the benefits of using a cryptocurrency platforms to bet. Information is what different a regular gamblers like people that use fiat platform and crypto gamblers. There decision making might be similar but at the same time, I don't see any different between the two. A gambler a gambler and can decide to switch between being a crypto or fiat platforms.
sr. member
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For a gambler to use crypto to gamble, that means the gambler is risking more than he/she is supposed to risk. How? First of all, imagine when you use your hard earned money to buy some Bitcoin (about 2 BTC) and you used 1 BTC to gamble then you lose the bet, and lastly the 1 BTC you used to gamble today turns 3 BTC (if Bitcoin price skyrocket) in future, it will hort more than just losing some money.
Crypto gamblers are taking higher risk than the fiat currency gamblers but there are more fiat currency gamblers than the crypto gamblers.
legendary
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Leading Crypto Sports Betting & Casino Platform
Your point of view is wise, and it fits with the critical thinking that cryptocurrency has given its users. It is a fact that crypto users are often smarter than most people, especially when it comes to privacy and finding reliable sources of information. Crypto casinos are true to this spirit; they were the first to offer provably fair gambling, which gives players a level of honesty and security that has never been seen before. This is very different from standard online casinos, which still dont use this cutting edge technology.

Supporting Bitcoin is, in fact, a statement that you are committed to being smart with your money. Regular gamblers often fall for simple tricks, like not paying attention to offers that seem too good to be true and getting stuck in the mental trap of trying to win back losses. People who play with crypto avoid these problems because they know better. So, not only is your question relevant, it also gives us a great look into the minds of two different types of players.
sr. member
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Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details, they seek out to have more privacy and better sources of information. So that followed suit when it came for crypto to meet gambling as well.
I can attest to this and from my personal experience, crypto gambling is more of a different ball game. Recently, I have been using more of crypto platform in my gambling and I can already confirm the difference. Apart from the comfort the deposit and withdrawal method offers, I'm also enjoying the psychological improvement I experience using cryptocurrency.  For instance, I pay more attention to details, check my risk exposure and try my best to control greed level.

I have the feeling that in the near future, the competion will be fierce that conventional casinos will adopt crypto in other to remain in business.
legendary
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...gambling responsibly. Do not be addicted.
Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details, they seek out to have more privacy and better sources of information. So that followed suit when it came for crypto to meet gambling as well.
What privacy when the gambling sites gamblers are gambling are requesting for KYC verification documents from their customers.

It was crypto casinos that popularized the notion of provably fair gambling, and now the world had access to a technology that could undeniably prove the randomness of each bet. Regular online casinos to this day avoid using this technology, and gamblers that are not aware of crypto's perks rarely ever inquire about it. This is yet another good example of a difference between crypto gamblers and regular gamblers.
The difference between crypto and fiat gambling sites is just that you will use fiat to deposit and withdraw on fiat casinos, while using cryptocurrencies as deposit and withdraw on crypto gambling sites.

Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc.
More crypto gamblers may be educated but not the type of education that will let them win than non educated people. Anyone can lose while gambling.
legendary
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Leading Crypto Sports Betting & Casino Platform
Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details

I have noticed opposite difference. People who gamble with crypto are more careless than people who gamble with fiat. And I think I have an explanation for that. Crypto gamblers are under influence "easy come easy go". All people who gamble, convert unintentionally their bets with their national currency and salary. So their 1 dollar bet always be equal to 1 dollar. People who bet crypto care less on an outcome because, lets say the difference in currency prices in the past and todays price let them feel more free. For example a guy who has bought 1 BTC when the price was 5k, will easily place a 0.1 BTC bet when Bitcoin price is 69k, because he will still have 62k worth asset. But the guy who will make a 6900 bucks worth bet will think twice before doing it.
Well for sure there are outliers in both categories. The thing with crypto casinos is that they have some unique features, one is accepting bets that are sometimes much larger than the limits on traditional ones. The other is that many crypto casinos display bets publicly (without showing who made it) so that makes it very easy to see what kind of bets are made and how large. Of course with crypto casinos making it easy for anyone to make large bets, and for anyone to track this activity we've seen some ridiculous bets take place.

However, I'd say that this is by far more common in regular gambling. If you look at the gambling statistics of Nigeria for example, regardless of the fact that they are a country where poverty is rampant, there's huge value being risked on bets. This means that many people there gamble even with what they can't afford to lose. I think this is just not as common with regulars that gamble in crypto.
legendary
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It does not require any knowledge to own fiat, so it can easily be used to gamble by anyone who owns it. Due to this randomness, some of the people who gamble with fiat care less about privacy or how fair the gambling platform they play on is, but knowledge about cryptocurrency is required before you can gamble with crypto because you need to know where you can buy bitcoins, and how to move crypto from wallet to gambling platform, and then from gambling platform back to wallet if there is a win.

Things like privacy and safety have always been regular concerns for people that invest in cryptocurrency, so that awareness is extended to gambling with it.
legendary
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I don't think you can make such generalize, I'm sure you think gamblers are more aware with provably fair, how to verify their bets, read TOS, due your own diligence, gamble for fun etc, it's because you're read people posts in this forum. While gamblers that using crypto aren't only in this forum, you need to look or ask those gamblers and you will know if there's nothing difference with crypto gambler and fiat gambler.

Similar like there are many people who care with their privacy and choose to trade through no KYC P2P or DEX in this forum. But the bigger picture, most of people who own crypto prefer to trade through CEX.
legendary
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Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details

I have noticed opposite difference. People who gamble with crypto are more careless than people who gamble with fiat. And I think I have an explanation for that. Crypto gamblers are under influence "easy come easy go". All people who gamble, convert unintentionally their bets with their national currency and salary. So their 1 dollar bet always be equal to 1 dollar. People who bet crypto care less on an outcome because, lets say the difference in currency prices in the past and todays price let them feel more free. For example a guy who has bought 1 BTC when the price was 5k, will easily place a 0.1 BTC bet when Bitcoin price is 69k, because he will still have 62k worth asset. But the guy who will make a 6900 bucks worth bet will think twice before doing it.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
Throughout my years using cryptocurrency I've noticed that there are some differences between people that use crypto and those that might not. People using crypto are usually more aware of little details, they seek out to have more privacy and better sources of information. So that followed suit when it came for crypto to meet gambling as well.

It was crypto casinos that popularized the notion of provably fair gambling, and now the world had access to a technology that could undeniably prove the randomness of each bet. Regular online casinos to this day avoid using this technology, and gamblers that are not aware of crypto's perks rarely ever inquire about it. This is yet another good example of a difference between crypto gamblers and regular gamblers.

Overall I think that crypto gamblers are more likely to make more educated decisions with how they handle their money overall, while regular gamblers will be easily tricked by old tricks such as deceptive bonuses in casinos and similar tricks and regular gamblers will also more easily fall victim to their own psychological tricks such as being carried away and try to bet more to win your losses etc. What are your thoughts? Have you experienced something similar?
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