Do any casinos offer cryptocurrency staking? - page 5.

blockman

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Quote from: bct_ail on July 22, 2020, 05:15:53 AM

I don't know any crypto casino who offers cryptocurrency staking. But I think it would be nice if they would offer it. If the first casinos will start with such a feature, I guess the other will be follow.

I took time to read the first page of the thread and mindrust did gave an interesting staking for bitcoins in a certain casino. And that casino is the freebitco.in.

Quote from: mindrust on July 10, 2020, 01:42:01 PM

You can stake your bitcoins at freebitco.in.

Any amount bigger than 30k sats gets paid daily from the annual rate of %4

IMHO, that's really a great deal if you get it on a daily basis.

Tom Bombadil

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Quote from: peter0425 on July 21, 2020, 01:14:38 PM

Quote from: Tom Bombadil on July 21, 2020, 12:58:55 PM

Wink token regularly distributes Stake. Wink, at the same time, the gambling service. Transactions on the Tron blockchain are done quickly. High stake distribution was made on the first dates. I don't know how much it gives now.

Wink?is that a gambling site?never heard of this site mate,is this really good in staking?

Yes, buddy, WINK is a gambling service. You can examine the links below:

https://www.wink.org
https://coinmarketcap.com/currencies/wink-tronbet/
Whitepaper: https://cdn2.wink.org/pdf/whitepaper_en.pdf

I think it's a token that can be stake. During the Binance Launchpad sale, I had a little review.

bct_ail

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https://t1p.de/6ghrf

I don't know any crypto casino who offers cryptocurrency staking. But I think it would be nice if they would offer it. If the first casinos will start with such a feature, I guess the other will be follow.

iv4n

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Quote from: romero121 on July 22, 2020, 12:53:41 AM

Staking hasn't reached the gambling platform, maybe in the future this can happen. In one gambling site I came across staking. I think it is the eosbet, there the native token staking is accepted. That might help with the circulation and holding of their native token. If this could've been profitable gambling networks might have encouraged it.

Trustdice, and many tron casinos have their native tokens, it's what I said earlier. You can stake their native tokens and get passive income from that, how much depends on how many tokens are you staking. For some of tron casinos you can simply buy their native tokens and stake them, or you can gamble and earn them. From some time ago betfury created another native token for gambling with bitcoins, any token you stake the one based for trons or that new on bitcoins you get income in bitcoins, trons, usdt, and btt, on daily basis.

romero121

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Staking hasn't reached the gambling platform, maybe in the future this can happen. In one gambling site I came across staking. I think it is the eosbet, there the native token staking is accepted. That might help with the circulation and holding of their native token. If this could've been profitable gambling networks might have encouraged it.

LbtalkL

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That's is better than nothing, I didn't know some gambling site offers a feature like this one, Yes, its rate is obviously low than usual staking platform but this is a gambling sites, if you prefer to stake why not go directly on staking platform right. Freebitco is a gambling site initially not a staking platform they just add some feature for the benefits of their users. Correct me if I am wrong the funds that are stake on freebitco I guess is not locked you can spend it on gambling anytime.

peter0425

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Quote from: Finestream on July 19, 2020, 05:12:54 AM

Quote from: crwth on July 19, 2020, 03:24:50 AM

I think they are taking advantage of that type of earnings, making it a source of profit just by holding the cryptocurrency. Maybe if they integrated it with the vault type of feature and offered the use or a percentage, then perhaps they could try it as well. I don’t think I have played in a casino that has this kind of feature.

As mentioned in the previous post, there are some casinos that has this kind of offer, but for me since I am not interested and I think it's risky, I would also not fall for this kind of idea, investing in a casino is already enough for me, and I am even hesitant knowing you'll only earn a small percentage of your investment based on what I've seen from those who share their investment venture here.

Exactly because who knows how much is the income of each sites for us to receive stakes?
as we know gambling sites are greed in taking money and care nothing about players and also investors.

Instead of staking?better use the money to try gambling and check your luck if you can win good enough.

Quote from: Tom Bombadil on July 21, 2020, 12:58:55 PM

Wink token regularly distributes Stake. Wink, at the same time, the gambling service. Transactions on the Tron blockchain are done quickly. High stake distribution was made on the first dates. I don't know how much it gives now.

Wink?is that a gambling site?never heard of this site mate,is this really good in staking?

Tom Bombadil

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Wink token regularly distributes Stake. Wink, at the same time, the gambling service. Transactions on the Tron blockchain are done quickly. High stake distribution was made on the first dates. I don't know how much it gives now.

mezzaluna

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I guess staking would really benefit users since its a sure way to get profit BUT we are referring to casinos. Casinos take your money, not all of them but some of them and they do not want you to gain profit for free. They want you to at least play for it which is not part of the meaning of staking since staking is more involve in the process of transactions.

Pamadar

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Quote from: crwth on July 19, 2020, 09:42:31 AM

Quote from: Pamadar on July 19, 2020, 08:52:09 AM

It's a small percentage while you are storing you investment inside the house, the bankroll if continues to win will bring satisfying results,
while there's also chances that you'll find losses and it's not controllable you have to take longer time
while the house used you investment as their bankroll. Not that safe though but if aiming for longer
term still have a great chance to get a good outcome.

It wouldn't be ideal for storing money on another wallet. I would still pick on the ones that I have complete control and I have the seeds to recover it if ever. Unless the money that you have invested in the casino is OK to be considered as a loss because it’s still a risk.

Once you start investing your money inside casino bankroll, you are ready to let it go, done with doing your research and you are
capable of accepting that in case the house loses, you together with those who invested are going to lose your money,.
Else, you should need to review and make a much deeper research regarding to the house that you'll
going to support and start investing your money.

fiulpro

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Quote from: DarkDays on July 10, 2020, 01:40:33 PM

There has been a lot of talk lately about which new features are important for cryptocurrency casinos to add;

The general consensus is that new games, deposit methods, chat features etc are expected from any good casino. But has anywhere actually began offering cryptocurrency staking options for accepted cryptocurrencies?

As far as I've seen, plenty of crypto casinos support deposits for stakeable assets like Tezos, Cardano, Tron etc, but I haven't seen a single casino that allows users to benefit from this feature.

Seems like a nice potential revenue option for casinos and its users... Just need to add a withdrawal delay that accounts for the staking period for those that opt in to the feature.

I do think it's a good idea but the thing is when we are taking about staking it needs to be like 3%-4% of the amount and to make it profitable you need to have like a lot in there .

BUT it's not only unsafe , it is also unnecessary to put your funds out like this if you don't plan on using them soon .

I don't think it would be profitable much ..we have various sites for staking and at the same time casinos offer a different thing , you cannot mix them up with investing.

As for me I feel really unsure about depositing too much of the savings for a long period of time to get enough stakes online , we might actually talk about a casino which is offline providing wallet services but I personally have never heard of it.

Never ever leave funds online ! NEVER! It's very risky.

Inkdatar

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Quote from: Kupid002 on July 21, 2020, 03:41:09 AM

Quote from: Fundamentals Of on July 20, 2020, 11:22:56 AM

If I want to stake cryptocurrency seriously, why would I do that in a casino? Staking is staking and gambling is gambling. The two should not mix together.

Staking for me is a serious business and while it may not give you a big return in the end it is so much unlike gambling which is more about losing and having fun rather than about investment and making money.

Casino is much more riskier to stake your coins than using a regular exchange I also don't find any casino that have this option .you can find other alternative investment like join the house or invest directly in gambling website .

If you really want to stake then find exchange that have this option.

I haven't tried this staking crypto in a casino, and good question if planning staking why in a casino on risking your crypto. Better find a legit one with good reviews, good customer service and feedback. Also, I don't trust leaving some funds in an online game.

Ucy

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Quote from: Danydee on July 21, 2020, 01:14:11 AM

Quote from: ?? on ??

. ..

I guess the "1 in 13,983,816 chance" means it is very rare or difficult to win the Jackpot (had to google the meaning of jackpot to understand the word well), and this betting sounds like luck-based betting.
I wonder if the "chances" is permanently fixed... Can it be adjusted or is it adjusted based on how much money a bettor is betting with?
Looks difficult to win. I see why stakers will stake on betting platforms that is experienced or skillful at attracting players

It's refer to a jackpot win in a ( 6 / 49 Lotto game ), They run three lotteries; Free-lotto in wich you play with the free ticket you get (one every 8 ~ 36 hours / depending) after using your free ticket you have the possibility to buy more tickets to play, two other but Paying lotteries,, so is yet unclear if in case of a Jackpot win what happen; you lose all your staking, just a proportion !? ??! ! 0.05 mBTC is just the price for the Free-lotto tickets, (after you spend your free ticket), the tickets prices for the two other lotteries are 0.2 mBTC and 0.5 mBTC.
So it is not clear how all that is working.

Oh, it is even lotto-game... Typically a luck-based game.
Losing all your stake sounds extreme in my opinion. I guess something like that would feel safe if the stakes are lost "bit by bit". One of the reasons losing all stake may be their preferred choice is if the lotto-game is very hard to win

Kupid002

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Quote from: Fundamentals Of on July 20, 2020, 11:22:56 AM

If I want to stake cryptocurrency seriously, why would I do that in a casino? Staking is staking and gambling is gambling. The two should not mix together.

Staking for me is a serious business and while it may not give you a big return in the end it is so much unlike gambling which is more about losing and having fun rather than about investment and making money.

Casino is much more riskier to stake your coins than using a regular exchange I also don't find any casino that have this option .you can find other alternative investment like join the house or invest directly in gambling website .

If you really want to stake then find exchange that have this option.

Danydee

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Quote from: ?? on ??

. ..

I guess the "1 in 13,983,816 chance" means it is very rare or difficult to win the Jackpot (had to google the meaning of jackpot to understand the word well), and this betting sounds like luck-based betting.
I wonder if the "chances" is permanently fixed... Can it be adjusted or is it adjusted based on how much money a bettor is betting with?
Looks difficult to win. I see why stakers will stake on betting platforms that is experienced or skillful at attracting players

It's refer to a jackpot win in a ( 6 / 49 Lotto game ), They run three lotteries; Free-lotto in wich you play with the free ticket you get (one every 8 ~ 36 hours / depending) after using your free ticket you have the possibility to buy more tickets to play, two other but Paying lotteries,, so is yet unclear if in case of a Jackpot win what happen; you lose all your staking, just a proportion !? ??! ! 0.05 mBTC is just the price for the Free-lotto tickets, (after you spend your free ticket), the tickets prices for the two other lotteries are 0.2 mBTC and 0.5 mBTC.
So it is not clear how all that is working.

Quote from: ?? on ??

. ..

I guess you can remove the referral links because I don't think it is allowed here Grin

I have putted (another) clear link without referral, just see Wink

Quote from: ?? on ??

If that is not very clear, I don't want to take the risk because the staking will have a minimum amount that we should send to that gambling site. Besides that, we need to wait for some time before the staking amount can be distributed to every stakeholder. Maybe we can search for another thing of the staking type, so we have a chance to make a profit.

The profits are paid every draw occurs, the minimum is between 1 and 2 mBTCs,, the things are evoluting, it isn't stable..

Quote from: Fundamentals Of on July 20, 2020, 11:22:56 AM

If I want to stake cryptocurrency seriously, why would I do that in a casino? Staking is staking and gambling is gambling. The two should not mix together.

Staking for me is a serious business and while it may not give you a big return in the end it is so much unlike gambling which is more about losing and having fun rather than about investment and making money.

More seriously is paying near 10% a month !

Fundamentals Of

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If I want to stake cryptocurrency seriously, why would I do that in a casino? Staking is staking and gambling is gambling. The two should not mix together.

Staking for me is a serious business and while it may not give you a big return in the end it is so much unlike gambling which is more about losing and having fun rather than about investment and making money.

Assface16678

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For now, I don't have to know any platform that is allowed their staking their bitcoin on them but still it is a good idea that some people will use staking to their bitcoin but still it is good to make forward on your wallet because it is not good gambling to play and just stock up your money to their platform because we want to avoid getting problem if they made maintenance or something to do.

Quote from: Wawa2013 on July 19, 2020, 06:28:45 PM

Investing in online casinos is more than enough, actually there is no need for crypto staking. Therefore seldom gambling sites provides a staking
feature, because there isn't much demand. I myself prefer crypto staking on exchanges, gambling sites only to play games. If there is indeed an
interest in investing or staking online casinos, please, I will not prohibit, but remember to choose gambling sites that are trusted and reliable,
so that your money is safe.

It's not good to that is staking your money into an exchange because of the best way is go staking your funds is on your wallet because you have a fully access on it there is no hesitation if there is a problem may occur.

Wawa2013

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Investing in online casinos is more than enough, actually there is no need for crypto staking. Therefore seldom gambling sites provides a staking
feature, because there isn't much demand. I myself prefer crypto staking on exchanges, gambling sites only to play games. If there is indeed an
interest in investing or staking online casinos, please, I will not prohibit, but remember to choose gambling sites that are trusted and reliable,
so that your money is safe.

BITCOIN4X

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Quote from: crwth on July 19, 2020, 09:42:31 AM

It wouldn't be ideal for storing money on another wallet. I would still pick on the ones that I have complete control and I have the seeds to recover it if ever. Unless the money that you have invested in the casino is OK to be considered as a loss because it’s still a risk.

Although investing in casinos as a bankroll has the opportunity to make a profit, but so far I have not been interested in doing it because in gambling I tend to prefer playing rather than investing. Regarding the safety of investor fund, I think that can still be minimized by choosing the right site as a place of investment. Trusted sites and well known sites can at least guarantee the security of investment funds because of the reputation they have.

crwth

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Quote from: Finestream on July 19, 2020, 05:12:54 AM

As mentioned in the previous post, there are some casinos that has this kind of offer, but for me since I am not interested and I think it's risky, I would also not fall for this kind of idea, investing in a casino is already enough for me, and I am even hesitant knowing you'll only earn a small percentage of your investment based on what I've seen from those who share their investment venture here.

And I wasn’t able to see and experience the actual offers that some casinos have. It’s quite new to me and quite risky. I would just play.

Quote from: Pamadar on July 19, 2020, 08:52:09 AM

It's a small percentage while you are storing you investment inside the house, the bankroll if continues to win will bring satisfying results,
while there's also chances that you'll find losses and it's not controllable you have to take longer time
while the house used you investment as their bankroll. Not that safe though but if aiming for longer
term still have a great chance to get a good outcome.

It wouldn't be ideal for storing money on another wallet. I would still pick on the ones that I have complete control and I have the seeds to recover it if ever. Unless the money that you have invested in the casino is OK to be considered as a loss because it’s still a risk.

Topic: Do any casinos offer cryptocurrency staking? - page 5. (Read 1543 times)