Do you prefer the crypto online gambling or regular fiat casinos gambling?

Hirose UK

hero member

Activity: 1302

Merit: 503

Leading Crypto Sports Betting & Casino Platform

Quote from: |MINER| on May 16, 2024, 03:09:04 PM

I will select those casinos and those payments mediums who have more security. As for gambling with the fiat currency we have to use our bank account or physical attendance it look bit of low privacy against the cryptocurrency. So I always gonna choose Crypto as well as I am also crypto attached guy.

But I think for fiat not everything has to be with bank account because there are several digital wallets that can be used and these will never include any privacy regarding the bank account we have.
Moreover, for crypto, usually some people also use exchange or trading platforms and it is clear that when registering on the platform will definitely use KYC, but will never be able to find out about personal data because only make deposits using wallet address on network used.
For myself, none of that is reason because the most important thing for me is the profits that can be utilized and also the security when I succeed in getting decent win.

Some fiat gambling sites have cheated by not paying customers winnings and this is the reason I have kept crypto-based gambling sites as the main option for several years.

angrybirdy

sr. member

Activity: 1022

Merit: 277

★Bitvest.io★ Play Plinko or Invest!

Quote from: Oshosondy on May 13, 2024, 09:00:02 AM

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

I do not understand what you mean by this. Either you are gambling with coins like bitcoin or you are gambling with fiat, they are money and they both have value.

The only reason I do not like gambling on fiat gambling sites again is because on the international gambling sites that I was using, only wire transfer can be used to withdraw by people in my country, it takes days or weeks before the money will be credited into my account, unlike crypto gambling sites that takes just few minutes to withdraw coins.

you understand correctly, he is just asking what we prefer, whether by the use of cryptocurrency or fiat (land based casino) because there are many here who gamble using their crypto coins. it depends on what people want because sometimes, when the value of crypto coins is high, they prefer to hold it instead of using it for gambling. Usually fiat based gambling is high tech, just connect the bank wallet to gambling sites to top up money then that's it, you can gamble without hassle.

SamReomo

hero member

Activity: 784

Merit: 672

Top Crypto Casino

Quote from: _act_ on May 16, 2024, 09:18:37 AM

But did you know that many people are using casinos that accept cryptocurrencies, they did not provided KYC documents and thinking they are having privacy.

Yes, I know that and I believe they are right when they think about privacy when they deposit cryptocurrencies in those online casinos. We all know that crypto gives higher level of privacy as compare or fiat but I know that the ones who are high rollers should avoid doing that as they will face trouble in future if they deposit huge amount of cryptocurrencies in a casino that requires KYC verification.

Quote from: _act_ on May 16, 2024, 09:18:37 AM

If they read the terms and conditions of the casino, they will see that KYC is required and if they win and want to withdraw, the casino will ask them to get verified before they can withdraw.

Yes, I know that in some casinos KYC is required and that's clearly written in their terms and conditions but as far as I have noticed, the gamblers who play fairly and doesn't deposit huge amounts may not have trouble in withdrawing their winning even if they aren't KYC verified members at that casino. However, I highly recommend high rollers to avoid playing in KYC requiring casinos because they will have to go through verification process in order to withdraw their winnings.

|MINER|

sr. member

Activity: 1274

Merit: 457

I will select those casinos and those payments mediums who have more security. As for gambling with the fiat currency we have to use our bank account or physical attendance it look bit of low privacy against the cryptocurrency. So I always gonna choose Crypto as well as I am also crypto attached guy.

SmartGold01

hero member

Activity: 882

Merit: 800

Quote from: Odusko on May 15, 2024, 01:42:04 PM

Quote from: SmartGold01 on May 15, 2024, 02:41:02 AM

If I may get you correctly, gambling using fiat is more disadvantageous than the advantage it gives why because when you deposit coin such as bitcoin or BNB maybe could ETH and the market keeps increasing you would see that it will appreciate overtime than you who is deposited fiat and remain on a constant value so even though you lose or win the value won't change overtime rather would remain the way its. Please next try to make your reader understand what message you are trying to convey, at some point I got the whole thing twisted.

To some extent I may have to agree with you on the volitility of cryptocurrency based gambling against fiat or stable coins but then we also need to take note of the advantages also that comes with it when the reverse becomes the case, so what I do is that as possible Ng as gambling is already high risk, I can use bitcoin comfortably knowing that as long as I have set that amount to gamble with I can lose that said value regardless if I lose the bet or the value of the coin I use to stake the bet dropped significantly.

What we should know is that lost is inevitable on gambling and irrespective of any currency we are using to gamble and we could still lose them at the cause of trying to use a special currency to gamble, be it fiat or cryptocurrency we still lose them. But sometimes using them makes it bring advantage based on the regard that we won the bet and at some point when the values increases then we are cashing out additional amount to what we had already won from the bets as the case may be.

Ojinga

member

Activity: 154

Merit: 10

Patience is key

Quote from: Beparanf on May 13, 2024, 09:39:25 AM

Am I right that you are considering crypto coins has no value when use on crypto casino? Because you are referring to play token coins and not crypto coins which can be considered as fun mode play.

You are comparing it wrongly and you should revise the topic on playing in the casino with fun tokens compared to real money since fiat casino and crypto casino are both using real money on all of their games. I can't say coins are off value in the economy coins are much more higher and betting

I'm not condemning the casino gambling, i do also prefer it more then the fiat casino gambling. In the economy now coins are much value than physical money now, so I can never compare it with real money what I'm saying is that in my opinion crypto casino gambling it's not much popular. So many people don't know about it with this process it seems less useless to them, but their are people who's benefiting from it and with this set of people it seems valuable. The conclusion here is that crypto casino gambling seems more on known to people more than the physical gambling.

leonair

sr. member

Activity: 1400

Merit: 420

Crypto casino is always good because here we can deposit and withdraw as much as we want without any restrictions and it is instant. But if we want to use Fiat Casino then banking is from Jamela. Many types of problems are faced while depositing and withdrawing money. So I always avoid fiat money casinos and use crypto casinos if I want to gamble. There is a freedom in crypto that the banking sector lacks. This is why crypto has become so popular and crypto casinos are being used by more people

justdimin

hero member

Activity: 3220

Merit: 678

www.Crypto.Games: Multiple coins, multiple games

Quote from: Kakmakr on May 15, 2024, 01:36:33 AM

I think casinos quickly realized, if you can remove the physical senses of "touch" and "sight" from handling currencies, then people spend more.

Example : Many moons ago, people played slots with casino coins and they physically handled the coins. The player received a bucket to hold the coins and you inserted the coins into the slot, when you wanted to play.

Now, people simply add money to a card and they hardly notice the balance going down. There are a mental break between you and your money... a lot like swiping a credit card or you using digital Crypto currencies. (Numbers on a screen)

Unfortunately same goes for the credit card world and cash world. If you asked someone to pay lets say 1000 dollars in cash, they would see how big it is, but you tell someone it is with credit card and 12 month instalments and you end up taking even more of their money later on.

The issue is that casinos realized that if you do not have cash on hand, then it means that you are going to gamble more, spend more, and that is why they do this. Crypto is about similar, you do not really see the money or hold the money, it is just numbers, it feels fake and you do not really feel like you are losing any money at all. If it was cash in your hand I bet that 90%+ of the gamblers wouldn't want to bet with this kind of money at all.

Solosanz

hero member

Activity: 952

Merit: 662

Remember, you can gamble using fiat in online casino too, not necessary must be in land based casino.

There's no difference if you gamble using crypto or fiat, if you gamble using crypto, you need to value your bet equivalent in crypto instead of fiat. Same to fiat, when you gamble using fiat, don't value your fiat in crypto.

Actually life is choice, you make so many decision from two or more choices, whenever you didn't pick the best choice, try to learn instead of regretting over and over.

bitbollo

legendary

Activity: 3276

Merit: 3537

Nec Recisa Recedit

I generally prefer crypto bookmakers/casino because they are simpler to use and offer a wider range of markets and options than classic bookmakers/casino.

however, crypto bookmakers DO NOT have an essential product...the betting exchange!
Without the volumes of the fiat markets this will remain a very complicated sector to "beat" Sad

but I think this is a product that we need and will make the difference in gambling scenario.

_act_

legendary

Activity: 1064

Merit: 1298

Lightning network is good with small amount of BTC

Quote from: SamReomo on May 15, 2024, 02:16:34 PM

I know there's nothing wrong in using fiat for gambling purposes and many gamblers prefer to use it instead of cryptocurrencies but it's hard to get privacy when using fiat and that's why I avoid using fiat for gambling purposes because that somehow ruins the privacy part of it.

But did you know that many people are using casinos that accept cryptocurrencies, they did not provided KYC documents and thinking they are having privacy. If they read the terms and conditions of the casino, they will see that KYC is required and if they win and want to withdraw, the casino will ask them to get verified before they can withdraw. Some casinos will only give their customers withdrawal limit and if the customers have been withdrawing and passed the limit, the casino will ask for KYC. Reading casino terms and conditions is very important.

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: SamReomo on May 15, 2024, 02:16:34 PM

Quote from: Crypt0Gore on May 15, 2024, 04:45:49 AM

Also there is nothing wrong with using Fiat to gamble unless you have a problem with people seeing you as a gambler

I know there's nothing wrong in using fiat for gambling purposes and many gamblers prefer to use it instead of cryptocurrencies but it's hard to get privacy when using fiat and that's why I avoid using fiat for gambling purposes because that somehow ruins the privacy part of it.

We do know that we do came originally from fiat gambling on which we've been using this since the start of time or simply we do originated on this one. It did really just that turned out that crypto
was been that created and do really give out that best option if you are really that minding about when it comes to accessibility plus having that anonymity on which we know that this iisnt something that
you could really be able to obtain when you do play using up fiat. It would really be having those differences on which we know that this is something that could end up on someone preference.
There are ones who do really care and there are ones who doesnt.

So it would really be just that referring on how you would really be that liking on making use in between. It would really be according into your own needs or would really be basing
up on the availability because people would really be just that simply adapt on whats the things that in front of them.

SamReomo

hero member

Activity: 784

Merit: 672

Top Crypto Casino

Quote from: Crypt0Gore on May 15, 2024, 04:45:49 AM

Also there is nothing wrong with using Fiat to gamble unless you have a problem with people seeing you as a gambler

I know there's nothing wrong in using fiat for gambling purposes and many gamblers prefer to use it instead of cryptocurrencies but it's hard to get privacy when using fiat and that's why I avoid using fiat for gambling purposes because that somehow ruins the privacy part of it.

ChiBitCTy

legendary

Activity: 2282

Merit: 3014

This depends entirely on what kind of gambling I'm looking to do. If I'm looking to place some sports bets, then getting on my online casino's tends to make the most sense. If I'm looking to play a long game of Poker/Texas Hold'em, then being in person where I can use the art of "bluffing", reading other places faces etc that make Poker fun (to me), then being in person makes the most sense.

Mia Chloe

sr. member

Activity: 448

Merit: 560

Crypto Casino and Sportsbook

Quote from: harapan on May 15, 2024, 05:58:04 AM

With your thread I can say that you strongly believe in Fiat currency than crypto currency and I don't know the reason for your decisions but crypto is better as pertaining the privacy and security but you don't get that with regular fiat casinos which is why you need to trust online crypto gambling and talking about coins not having value,how about trying stable coins and see the outcome.

You are quite right however both crypto and fiat casinos have their distinct advantages and disadvantages. However since we are currently in a dynamic era, people tend to prefer crypto currency accepting casinos to regular fiat casinos based on different reasons. One of them is the fact that fiat casinos usually tend to have. Bigger percentage allocation to taxes, compared to crypto casinos on the other hand which usually has very little or no tax at all. Another importance is the convenience of crypto casinos over fiat casinos since you are able to deposit funds into your casino wallet any time and anywhere without any form of fiat currency restrictions.
With crypto casinos gamblers are able deposit in crypto currencies and still stake with the individual rates of their local currencies.

jaberwock

legendary

Activity: 2772

Merit: 1127

Quote from: _act_ on May 13, 2024, 05:17:57 PM

Quote from: Yogee on May 13, 2024, 05:14:47 PM

I think he's describing fiat vs. crypto. I don't know why he thought crypto doesn't have value but maybe OP used to play with some dead coins or haven't really tried one yet. I believe it's the latter and he probably doesn't know that he could also trade coins for fiat.

What I think more about this is that OP is not playing on casinos that are accepting cryptocurrencies. If he does not want coins that are volatile in price in the market he can go for stable coins like USDT while many casinos are accepting USDT on Tron network and its fee is cheap. I think he is just the fiat casino type that have no experience about cryptocurrencies at all.

I've tried both types of casinos and I can say that there are no big differences in terms of games or anything at all. So, if we will just use a stable coin to play on a crypto casino, then why can we just play on a fiat casino instead? But, if we are completely new in crypto, it's also nice to try and experience them even for once only. Me, as an experienced player of both casinos, I find my self hooked on the fiat casinos.

I think it is because deposits and withdrawals here are completely free of charge and they are also instant. It's interesting that even if they are already fiat-based, many of them are now still starting to support cryptos as one of their payment methods. I guess they are only/also giving crypto players a chance to experience what is like playing at their platforms.

Odusko

hero member

Activity: 1106

Merit: 526

Leading Crypto Sports Betting & Casino Platform

Quote from: SmartGold01 on May 15, 2024, 02:41:02 AM

If I may get you correctly, gambling using fiat is more disadvantageous than the advantage it gives why because when you deposit coin such as bitcoin or BNB maybe could ETH and the market keeps increasing you would see that it will appreciate overtime than you who is deposited fiat and remain on a constant value so even though you lose or win the value won't change overtime rather would remain the way its. Please next try to make your reader understand what message you are trying to convey, at some point I got the whole thing twisted.

To some extent I may have to agree with you on the volitility of cryptocurrency based gambling against fiat or stable coins but then we also need to take note of the advantages also that comes with it when the reverse becomes the case, so what I do is that as possible Ng as gambling is already high risk, I can use bitcoin comfortably knowing that as long as I have set that amount to gamble with I can lose that said value regardless if I lose the bet or the value of the coin I use to stake the bet dropped significantly.

Rabata

sr. member

Activity: 980

Merit: 311

Quote from: adultcrypto on May 14, 2024, 06:39:22 PM

I started from physical gambling, it was actually fun because I made so many friends from visiting physical shops. The shops was also a nice place to network, share ideas and even strike other business deals outside gambling. However, since I started using online platforms to gamble, I hardly visit physical shops, the urge is not there. We can say therefore, that the comfort that online gambling brings is better than the fun that physical shops bring. This is right because gambling requires some form of privacy and confidentiality, and this is what online gambling have made possible.

I used to be very keen to play physical casino gambling but after emerge of online gambling I am not willing to play physical gambling. There are many who have changed their habits and an important reason for this change in habits is the convenience of online gambling. The game that I used to play in one of the physicals casinos, Now I have the opportunity to play at home. Moreover, the amount of games in online casinos is also higher than in physical casinos. No fiat based casino offers the convenience that I get to bet with crypto from the comfort of my own home. Which is why I have a special focus on online casinos.

Dr.Bitcoin_Strange

hero member

Activity: 770

Merit: 538

Leading Crypto Sports Betting & Casino Platform

Between Crytpo and fait casino, I don't see it as a difficult choice for me to choose the casino I want to bet on, and I don't also find it difficult to exchange my winnings from crypto to fiat. Although some casinos have delayed withdrawals, not really all casinos have this issue. I can actually use fait casino or crypto casino depending on the asset I have at hand. If I have my local currency at hand and I want to gamble with the money, I can deposit to the casino I want to use via bank transfer but if I have some Bitcoin too or other crypto that I want to spend on gambling, I will just deposit the crypto straight up. I don't have issues making a choice; I choose the casino I want to use depending on the available assets.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Quote from: harapan on May 15, 2024, 05:58:04 AM

With your thread I can say that you strongly believe in Fiat currency than crypto currency and I don't know the reason for your decisions but crypto is better as pertaining the privacy and security but you don't get that with regular fiat casinos which is why you need to trust online crypto gambling and talking about coins not having value,how about trying stable coins and see the outcome.

He may have many experiences playing gambling using fiat currency than crypto currency. But that will be up to him and other people because there is no forcing for any people to playing gambling using fiat or crypto currency.
If they feels better to use fiat and still use fiat, they can use fiat and not to use crypto. But as we knows crypto can be used to playing gambling, we choose to use crypto to playing gambling because we can hides ourselves.
Maybe he needs to try to use crypto to playing gambling so he knows what's it feels and maybe he will like to use crypto than fiat too like us. Using stable coin is the other options for those who doesn't wants to use bitcoin or altcoin while they can buy the stable coin and send it to their gambling account.

harapan

sr. member

Activity: 1904

Merit: 306

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

I prefer money, strongly. When you gamble with money, you are *risking* money for a chance to win money. It is always a losing proposition. But it’s not the same as *spending* the money. If I walk into a casino with a $50 bankroll, and I walk out of the casino an hour later with $40, then I’ve had a good night. Cause losing the the money will be okay for you but on the process that you won as will you'll enjoyed more than coins, you won't have to trade anything at the moment.

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

With your thread I can say that you strongly believe in Fiat currency than crypto currency and I don't know the reason for your decisions but crypto is better as pertaining the privacy and security but you don't get that with regular fiat casinos which is why you need to trust online crypto gambling and talking about coins not having value,how about trying stable coins and see the outcome.

Crypt0Gore

sr. member

Activity: 952

Merit: 275

Quote from: SamReomo on May 14, 2024, 07:25:27 AM

No, I prefer gambling with cryptocurrencies because it's more suitable for me and I don't have to share my card details with casinos neither my KYC details. I also try my best to avoid casino that ask for KYC details, in fact with the amounts that I use for gambling, I don't think it's necessary to get KYC verified.

Those who are high rollers should think about KYC verification but the ones who gamble for fun with $100 to $1000 should not worry much about KYC I think. OP I know you are someone who prefers to gamble with fiat but for me it's out of question to go with fiat.

Same here, it is my little secret to be able to gamble using crypto coins instead of my credit or debit card, I like the privacy sense of thing when gambling compared to offline gambling.

KYC details seem not necessary but it is for those running a casino, because people have their ways to embezzlement dirty money these days and casinos are one of those ways to use dirty money to get clean money, the government is aware of those schemas that's why online casinos must be regulated and been regulated means they will as for verifications.

Also there is nothing wrong with using Fiat to gamble unless you have a problem with people seeing you as a gambler, or others like how some betting locations behave after you win a large amount of money.

bakasabo

legendary

Activity: 2520

Merit: 1218

Topic name does not match first post content.

Gambling section is already full of online vs offline casino topics, but OP try to compare fiat (cash (coins or banknote) or card) with crypto. I see no big difference between all of them actually. As when you make a deposit, it will be adjusted to US dollar in 99% scenarios (1% goes to national currency). Gamblers still calculate everything in dollars. Even someone post that he has made bet in Naira, EUR, GBP or CHF, everyone will still convert it to US dollars in their head.

But if you ask me about which casino I prefer - I would say that it depends on situation and mood. Each has something I like.

AprilioMP

sr. member

Activity: 616

Merit: 442

Forum Only For Fun

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

Gambling using coins and fiat for me is the same. I played in these two types even though I was more dominant to use a coinstabil at the crypto casino. In addition to a stable coin, it feels too heavy for me to remove, especially coins like Bitcoin.
On gambling sites that do not support crypto, I am also actively gambling. Even now I am playing one of the games from PG.

Not afraid of losing when gambling. If you are still afraid of losing money, don't gamble.
In gambling there is no such thing as a turnover of money or spending money.

Zoomic

sr. member

Activity: 630

Merit: 277

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

I prefer money, strongly. When you gamble with money, you are *risking* money for a chance to win money. It is always a losing proposition. But it’s not the same as *spending* the money. If I walk into a casino with a $50 bankroll, and I walk out of the casino an hour later with $40, then I’ve had a good night. Cause losing the the money will be okay for you but on the process that you won as will you'll enjoyed more than coins, you won't have to trade anything at the moment.

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

One interesting thing I love about crypto online gambling is that I can gamble in any reputable online casino that allows the usage of crypto even if gamblers from my country are restricted from gambling with such a casino. The fact that gamblers remain anonymous and gamblers' privacy highly guaranteed is one feature I cannot ignore.

Gambling is gambling whether you are gambling with FIAT or coins. Both are not without their own individual challenges, that is why you should verify casinos before gambling with them. Check for positive reviews to be show it is a reputable casino that offers what you want in a casino. If you are worried that you might be spending more gambling with crypto due to the price fluctuations, you can patronize casinos that allow gamblers to gamble with stable coins.

justdimin

hero member

Activity: 3220

Merit: 678

www.Crypto.Games: Multiple coins, multiple games

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

I prefer money, strongly. When you gamble with money, you are *risking* money for a chance to win money. It is always a losing proposition. But it’s not the same as *spending* the money. If I walk into a casino with a $50 bankroll, and I walk out of the casino an hour later with $40, then I’ve had a good night. Cause losing the the money will be okay for you but on the process that you won as will you'll enjoyed more than coins, you won't have to trade anything at the moment.

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

Either your title is misleading or you are confused about cryptocurrencies and online gambling because you can't say that coins, which are probably cryptocurrencies you are referring to, have no value because they do, some of them even have more value than most fiat currencies because if 1 BTC is equal to $63k or more, it means it has value and it has a lot of it. So just like many others in this thread, I don't understand what you are trying to say here.

If you ask about preferences, you should be comparing online fiat currency casinos with online cryptocurrency casinos and out of them, I would surely go with cryptocurrency gambling because it is way more convenient and easy because transaction speeds are much higher and you can get your deposits and withdrawals way quicker when compared to traditional online casinos.

SmartGold01

hero member

Activity: 882

Merit: 800

If I may get you correctly, gambling using fiat is more disadvantageous than the advantage it gives why because when you deposit coin such as bitcoin or BNB maybe could ETH and the market keeps increasing you would see that it will appreciate overtime than you who is deposited fiat and remain on a constant value so even though you lose or win the value won't change overtime rather would remain the way its. Please next try to make your reader understand what message you are trying to convey, at some point I got the whole thing twisted.

Outhue

hero member

Activity: 686

Merit: 403

DGbet.fun - Crypto Sportsbook

I prefer online gambling for a few reasons.

1. Nobody will know.

2. I can't get hurt by people if I ever get so lucky and win big.

3. My losses are safe with me, no one to look at me like a failing soul.

I am used to crypto for some reasons that are similar to why I am into gambling too, I spend most of my time indoors either learning coding or sewing some new clothes for my customers, I am much of an introvert, it just suits my way of living.

I know someone who won money and it led to a case because they didn't want to pay him at the center he used to place the bet, the agent at the betting location started behaving somehow when he got arrested he already spent most of the money, his account was frozen and the money was returned to the winner but everyone knew that he is into gambling, which they never knew before the issue arises.

Fiatless

hero member

Activity: 574

Merit: 554

Leading Crypto Sports Betting & Casino Platform

Quote from: Ojinga on May 14, 2024, 06:26:43 PM

Quote from: Shinpako09 on May 14, 2024, 06:07:03 PM

It will always be crypto gambling because I can play whenever and wherever I want. I can play or bet a penny, and even if it takes longer, no one will bother me. As for physical casinos, it's a no for me. I won't play and will never play. I can't even control myself when I'm playing in a crypto casino, so how much more difficult would it be in a traditional casino? Also, it means I'm going to use money out of my pocket, which I don't do in crypto. That's what I'm trying to avoid.

it seems the crypto gambling it's made easier for you, it's your choice and the winning it's more better then the physical gambling. But their are some people they haven't even heard of crypto gambling and their are some they have heard of it but they don't know how it's works, now the crypto gambling first you'll have to convert your coins but with the physical gambling you don't have to convert anything. All you've to do it's just to take your money and place bet. And some countries the physical gambling are much more easier to them but their are some countries the physical gambling seems like stress to them, I do prefer the crypto gambling just with the increases when someone wins.

Physical casinos are popular in countries that lack basic facilities which makes online casinos strive. Some countries lack basic amenities like internet facilities and power supply people will prefer to patronize physical casinos. Online casinos also require some level of basic education to be able to navigate the websites while one can always seek help from attendants in physical casinos in case they don't understand anything.

Gamblers who are frequent crypto casinos are those who earn cryptocurrencies. I don't think many people will convert their fiat to crypto because they just want to use it for gambling. The transaction fee and process of converting to fiat and depositing it in a crypto casino account might be discouraging.

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

I think casinos quickly realized, if you can remove the physical senses of "touch" and "sight" from handling currencies, then people spend more.

Example : Many moons ago, people played slots with casino coins and they physically handled the coins. The player received a bucket to hold the coins and you inserted the coins into the slot, when you wanted to play.

Now, people simply add money to a card and they hardly notice the balance going down. There are a mental break between you and your money... a lot like swiping a credit card or you using digital Crypto currencies. (Numbers on a screen)

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: klidex on May 14, 2024, 11:51:33 PM

In my opinion, using fiat currency and crypto currency both have the same exchange value to be used for gambling, why can you say that crypto currency has no value even though it is clear that crypto currency is a digital currency that is currently very valuable, especially USDT or Bitcoin and these currencies can obviously be converted into fiat currency and vice versa, fiat currency can be converted into crypto currency depending on the value of the coin, this is not a problem at all because the aim of gambling is to both get profits and have fun which is what differentiates it. Maybe there is a withdrawal problem if you gamble using crypto currency, there is a fee that we have to pay, maybe if you use fiat currency there are no admin fees that the user has to bear.

But actually the use is quite the same, both currencies have value and can be used for gambling, in fact currently many gamblers use cryptocurrencies, which means it doesn't matter even if they lose money with their coins, even with money, if the gamblers are responsible, they will be ready. accepting the risk of losing money, basically the concept of gambling is the same as risking losing and losing money in any form.

I also don't see any difference here. But I guess, it is more of psychological approach for some who feel they are not spending actual money if they are using crypto. These cryptocurrencies have equivalent amount in fiat, so there's no difference if you spend crypto or fiat. Maybe, crypto conversion will be a lil different especially if you are dealing with very high volatile alt. Also, when you are dealing with crypto, some online casinos are not requiring kyc. However, if you are using fiat via your debit/credit card, I am sure, there will be KYC requirements, at least for the third party platform that you will be passing thru.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: Ojinga on May 14, 2024, 06:43:34 PM

the reason why some people don't like the physical gambling it's cause the stress in it but right now everything is made easier to people. You can gamble online with the fiat gambling wherever you are in the world, only if their was a crash with the online casino gambling but with the crypto gambling it's about coins first you've to convert your coins before you start betting. For me i recommend crypto gambling, why? Because the crypto gambling it's trustworthy and I can bet and still feel relax cause I know the platform I dealing with, but with the fiat gambling now their are so many fake of them now. You'll be gambling and you'll never win a day because everything it's fixed by them.

Gamblers who comes to the physical gambling will hear many things when they playing gambling and that can makes them lose their focus to playing gambling. They will not enjoy their gambling activity and they can attracts to follow what other gamblers do and will spends a lot of money like those gamblers. It's too risky for them if they break their limits in gambling because that can makes them lose more money without controls. But if gamblers already familiar with that, they will try to controls themselves and not gets tempt by that sounds. Yes, I recommend crypto gambling because we can playing gambling anonymous and the best is we can playing gambling in the internet which makes us don't have to go to anywhere. We can also use our phones to playing gambling while we are not our home and that can gives us an easiness to playing gambling.

Porfirii

legendary

Activity: 2002

Merit: 2534

The Alliance Of Bitcointalk Translators - ENG>SPA

Maybe more psychological than real, but I think that even if they have the same value, we don't risk as much when we bet with fiat, compared to crypto. Maybe it's my impression, but it's happened to me.

On the other hand, when you gamble with crypto you are gambling twice, because of the volatility intrinsic to most coins, unless you gamble with stablecoins. You can win a bet and still lose money because of a sudden dip, and viceversa.

klidex

hero member

Activity: 1498

Merit: 504

In my opinion, using fiat currency and crypto currency both have the same exchange value to be used for gambling, why can you say that crypto currency has no value even though it is clear that crypto currency is a digital currency that is currently very valuable, especially USDT or Bitcoin and these currencies can obviously be converted into fiat currency and vice versa, fiat currency can be converted into crypto currency depending on the value of the coin, this is not a problem at all because the aim of gambling is to both get profits and have fun which is what differentiates it. Maybe there is a withdrawal problem if you gamble using crypto currency, there is a fee that we have to pay, maybe if you use fiat currency there are no admin fees that the user has to bear.

But actually the use is quite the same, both currencies have value and can be used for gambling, in fact currently many gamblers use cryptocurrencies, which means it doesn't matter even if they lose money with their coins, even with money, if the gamblers are responsible, they will be ready. accepting the risk of losing money, basically the concept of gambling is the same as risking losing and losing money in any form.

Ojinga

member

Activity: 154

Merit: 10

Patience is key

Quote from: ethereumhunter on May 14, 2024, 06:02:58 AM

I like to playing gambling in online casino than offline casino because I don't have to go to some place just to playing gambling. I feels it's better to playing gambling in my home while I can do other things and don't have to spends more money to visits the casino. If you use $50 and wins $40, that will be a happy moment but unfortunately, not many people can gets the same thing as you because many people will lose their money in gambling if they can't control themselves. Your money will be your responsibility so you must take care of yourself and be careful when spends that money to playing gambling. Playing gambling will not gives you an easy money but you can lose all of the money you have so you must always remember that you must avoids the big lose. If you already playing gambling for some time, you must stops yourself from playing gambling and leave the casino before anything bad happens to you.

the reason why some people don't like the physical gambling it's cause the stress in it but right now everything is made easier to people. You can gamble online with the fiat gambling wherever you are in the world, only if their was a crash with the online casino gambling but with the crypto gambling it's about coins first you've to convert your coins before you start betting. For me i recommend crypto gambling, why? Because the crypto gambling it's trustworthy and I can bet and still feel relax cause I know the platform I dealing with, but with the fiat gambling now their are so many fake of them now. You'll be gambling and you'll nevee win a day because everything it's fixed by them.

adultcrypto

sr. member

Activity: 476

Merit: 307

I started from physical gambling, it was actually fun because I made so many friends from visiting physical shops. The shops was also a nice place to network, share ideas and even strike other business deals outside gambling. However, since I started using online platforms to gamble, I hardly visit physical shops, the urge is not there. We can say therefore, that the comfort that online gambling brings is better than the fun that physical shops bring. This is right because gambling requires some form of privacy and confidentiality, and this is what online gambling have made possible.

Ojinga

member

Activity: 154

Merit: 10

Patience is key

Quote from: Shinpako09 on May 14, 2024, 06:07:03 PM

It will always be crypto gambling because I can play whenever and wherever I want. I can play or bet a penny, and even if it takes longer, no one will bother me. As for physical casinos, it's a no for me. I won't play and will never play. I can't even control myself when I'm playing in a crypto casino, so how much more difficult would it be in a traditional casino? Also, it means I'm going to use money out of my pocket, which I don't do in crypto. That's what I'm trying to avoid.

it seems the crypto gambling it's made easier for you, it's your choice and the winning it's more better then the physical gambling. But their are some people they haven't even heard of crypto gambling and their are some they have heard of it but they don't know how it's works, now the crypto gambling first you'll have to convert your coins but with the physical gambling you don't have to convert anything. All you've to do it's just to take your money and place bet. And some countries the physical gambling are much more easier to them but their are some countries the physical gambling seems like stress to them, I do prefer the crypto gambling just with the increases when someone wins.

Ojinga

member

Activity: 154

Merit: 10

Patience is key

Quote from: Oshosondy on May 13, 2024, 09:00:02 AM

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

I do not understand what you mean by this. Either you are gambling with coins like bitcoin or you are gambling with fiat, they are money and they both have value.

The only reason I do not like gambling on fiat gambling sites again is because on the international gambling sites that I was using, only wire transfer can be used to withdraw by people in my country, it takes days or weeks before the money will be credited into my account, unlike crypto gambling sites that takes just few minutes to withdraw coins.

I know that some countries the fiat gambling are somehow difficult but their are some other countries which it's easier for them. But when it comes to crypto gambling it seems more easier to those who knows about it, and if you check very well most of the people global prefer the fiat gambling because they believe on the cash they see. Because some of them don't know how the coins goes it sounds like something they don't know about, so for me I do prefer the both cause crypto betting it's more better when it comes to the winning incomes.

Shinpako09

legendary

Activity: 2058

Merit: 1015

It will always be crypto gambling because I can play whenever and wherever I want. I can play or bet a penny, and even if it takes longer, no one will bother me. As for physical casinos, it's a no for me. I won't play and will never play. I can't even control myself when I'm playing in a crypto casino, so how much more difficult would it be in a traditional casino? Also, it means I'm going to use money out of my pocket, which I don't do in crypto. That's what I'm trying to avoid.

Fivestar4everMVP

legendary

Activity: 2422

Merit: 1083

Leading Crypto Sports Betting & Casino Platform

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

I prefer money, strongly. When you gamble with money, you are *risking* money for a chance to win money. It is always a losing proposition. But it’s not the same as *spending* the money. If I walk into a casino with a $50 bankroll, and I walk out of the casino an hour later with $40, then I’ve had a good night. Cause losing the the money will be okay for you but on the process that you won as will you'll enjoyed more than coins, you won't have to trade anything at the moment.

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

Well, ever since the inventory of cryptocurrency, and most online casinos having it integrated as a part of payment on the casinos monetary system, I did bet my balls that all those who have gamble online and have used crypto as a means of deposit and withdrawal, and also gambling, will prefer using crypto for gambling over fiat, I myself stopped gambling on offline casinos simply because I hate to gamble using fiat.

So, though I might not clearly understand what you mean by coins, I am assuming you mean crypto here, it might interest you to know that crypto gambling is not only faster and more convenient, but it also promote some level of privacy, much better and using fiat for gambling..
But again, I think it depends on which type of casino a players likes playing on, for online gamblers, I believe they will love to use crypto, offline gamblers will sure want to use fiat because fiat is more easily accessed offline than crypto.

Wakate

hero member

Activity: 1190

Merit: 543

fillippone - Winner contest Pizza 2022

Quote from: n0ne on May 14, 2024, 05:18:30 PM

Online gambling seems to be the right choice compared to regular fiat casinos. If there's no online gambling access, I'd never be into gambling because it is really hard to reach a casino in my country. Very few places have casinos, and to reach those destinations, we need to spend money. Further gambling in the casino and enjoying the outcome is really impossible. Also, my choice of gambling used to be sports betting, and the same makes me prioritize online gambling over casinos. The use of cryptocurrency in online gambling has made the experience even better, with fast settlements.

I think many gamblers have now starting seeing a good reason why they should trying playing bets online rather than doing it offline which is not that encouraging bringing people around us to notice that we are a full blood gambler. Sometimes we need to keep our identity so that people around us do not know that we are into gambling. The more we keep our identity, the more safe wile would be playing our games online without anyone noticing when we are making profits and when we are losing. It both fall to the positive and negative side. We can still choose whatever pattern suit our interest.

n0ne

hero member

Activity: 2618

Merit: 548

DGbet.fun - Crypto Sportsbook

Online gambling seems to be the right choice compared to regular fiat casinos. If there's no online gambling access, I'd never be into gambling because it is really hard to reach a casino in my country. Very few places have casinos, and to reach those destinations, we need to spend money. Further gambling in the casino and enjoying the outcome is really impossible. Also, my choice of gambling used to be sports betting, and the same makes me prioritize online gambling over casinos. The use of cryptocurrency in online gambling has made the experience even better, with fast settlements.

Smartvirus

legendary

Activity: 1554

Merit: 1139

I really can’t say, if I prefer one to the other, they both have there challenges and benefits but really, I just gamble where I’ve got money to take a bet. Most times, it’s the online fiat platforms but, it doesn’t make it a most preferred option, just an option none the less.

Crypto Casinos and Sportsbook have got a KYC problem. You win too big, have some deposit error (in rare cases), some behavior that seems strange on your account and more then, you could find them asking for KYC documents. This however isn’t popular with fiat gambling platforms.
When it comes to fiat gambling, you win too big, you’re likely to report to a regional head office to cash in. That’s some terrible idea as well, it spells insecurity about it and one minute, you could be making headlines. So unwanted.

They really do have there merits and demerits.

goaldigger

sr. member

Activity: 2422

Merit: 357

I do prefer to gamble online now because its very convenient and safe at the same time especially if you are with the right site.
Though traditional casinos are still fine but I just visit them occasionally due to busy schedule while if you are gambling online, you can do this anytime. The current development with the fiat casinos is that, they are not entering the online world and they are also growing, if you are into crypto then you have no choice but to gamble online only.

Assface16678

full member

Activity: 1484

Merit: 136

★Bitvest.io★ Play Plinko or Invest!

Well, I do prefer online gambling because of its efficiency and convenience but I do not prefer to use my crypto currency or assets to be used as payment, I mean I work hard for those coins to be earned and to be grown so why would I waste my money if I know I have a small chance of winning especially in gambling, so I would rather use fiat currency for my gambling activity if the casino requires crypto then I would convert my fiat to that certain currency, its just that I'm more on practical because I know how important an crypto currency is and it is not easy to make it grow so I would not use it for my gambling activity, becausw its a waste for me but this is only my opinion, I know some might disagree to me and that's your opinion or stance, anyways, yeah online gambling is much better via using fiat currency.

Jaycoinz

sr. member

Activity: 476

Merit: 230

God is All

Quote from: Oshosondy on May 13, 2024, 09:00:02 AM

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

I do not understand what you mean by this. Either you are gambling with coins like bitcoin or you are gambling with fiat, they are money and they both have value.

The only reason I do not like gambling on fiat gambling sites again is because on the international gambling sites that I was using, only wire transfer can be used to withdraw by people in my country, it takes days or weeks before the money will be credited into my account, unlike crypto gambling sites that takes just few minutes to withdraw coins.

That's probably the main reason why many people would shy away those sites because why would you win money and it will take days to be credited when their is an alternative wey that grants you faster access to getting your withdrawals, I believe no one who knows of the two will choose the latter although some persons actually don't like crypto casino that much although that's why it's a personal choice I guess.

Mia Chloe

sr. member

Activity: 448

Merit: 560

Crypto Casino and Sportsbook

Firstly speaking mainly about preference I've noticed that a vast majority of gamblers actually prefer online casinos to the regular and traditional casinos especially because of the fact that it is more flexible to use anytime and anywhere even with your mobile phone especially for persons who usually find themselves in a very busy environment most of the time. not as if people don't also love regular casinos because there also are out there nice gamblers who carry out a majority of their Gambling activities offline. Also it's quite understandable that since we are in a technologically advanced era people would likely adapt faster to online services including the likes of casinos and hence some may even prefer using newer ways of payment which are the digital currency or rather cryptocurrencies.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

I prefer money, strongly. When you gamble with money, you are *risking* money for a chance to win money. It is always a losing proposition. But it’s not the same as *spending* the money. If I walk into a casino with a $50 bankroll, and I walk out of the casino an hour later with $40, then I’ve had a good night. Cause losing the the money will be okay for you but on the process that you won as will you'll enjoyed more than coins, you won't have to trade anything at the moment.

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

Playing up something which does have that actual value is much more better rather than on playing with those having on instrict value or talking about demo. There's no sense of risks or gambling there
since you arent that risking something on which it would really be that understandable on what are the things that you are really dealing with. When it comes to gambling whether online or offline
then it will always falls down into someones preference because each person does have their own interest on dealing up with things on which choices and options will really be that different to each other.
Actually it is really that always fun or having that thrill if you do play gambling on which you do know that you are risking something to earn something and this is the very essence of gambling in the first place.

Sunderland

sr. member

Activity: 1439

Merit: 380

To Be Or Not To Be

The answer for the topic in this thread:
You asked about this in a forum about bitcoin and other coins, it was clear that all the answers would choose crypto gambling. Whatever the reason is, everyone here will choose the same thing.

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

If you still think that crypto/coins have no value when you use it to gamble = you better learn about crypto again, and that is better than making threads about crypto gambling every day but it seems you dont understand anything about it at all.

coolcoinz

legendary

Activity: 2814

Merit: 1192

I prefer online gambling, although physical casinos have their own merits. I just don't understand what coins without value you're talking about? Do you mean meme coins like doge, or do you mean casino chips that have value only inside the casino?

Anyway, cryptocurrencies have value like any other fiat money since you can exchange them within minutes. As long as you can buy a gift card with your win and then convert that gift card into a bicycle or a new jacket - it's valuable. The real value is not in currencies because they're only medium of exchange. The real value is in items you buy. In food, land, cars.
I don't believe that you don't see it.

danadc

sr. member

Activity: 1092

Merit: 342

WOLFBET.COM - Exclusive VIP Rewards

Quote from: dansus021 on May 14, 2024, 08:44:25 AM

Do you prefer the crypto online gambling or regular fiat casinos gambling? I prefer online gambling because first of all I never go into regular gambling that we need go to a place like in Macau.
Tho I watch a lot fiat casino gambling in youtube and Instagram reels it much fun than in online casino maybe because lot of interaction with other people as well.

But gambling with coins will involves of spending more money ? Yeah of course I just watch in video but most of the people spend around 500-1K USD on a single bet. So yeah it involves more money than online gambling.

When talking about games of chance, whether in fiat or crypto, I believe that one spends money the same, in fiat money because one keeps track of it easier, in another crypto one spends money the same only because it is not seen much because everything is reduced to a crypto and well if you see only crypto it is fine, but if we go to the fiduciary value we see many more differences, I will always say that these things have to be with the player, if you feel good playing with cryto it's fine, But you should play with fiat money, but with fiat money the things are more radical with the KYC and all this, there are always obligations that even the bank where the person has their funds is more delicate, it seems to me that this is the case .

Davidvictorson

hero member

Activity: 1190

Merit: 901

Livecasino.io

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

Ojinga you will need to write clearly. If your audience do not understand what you have written then community has failed. While you may understand what you want to write perfectly well, I would like for you to put yourself in shoes of your audience after you have finished writing by proof-reading your write up.

Fait gambling is preferred only when it is at an indigenous casino. In my estimation there's only indigenous sports betting websites and there I use fiat for betting. Crypto options for deposits and withdrawals are yet to be incorporated into their website. And I don't think they will since they will fear government sanctions. In indegenous sports betting platforms, cash/fait is still king.

dansus021

copper member

Activity: 2156

Merit: 983

Part of AOBT - English Translator to Indonesia

Do you prefer the crypto online gambling or regular fiat casinos gambling? I prefer online gambling because first of all I never go into regular gambling that we need go to a place like in Macau.
Tho I watch a lot fiat casino gambling in youtube and Instagram reels it much fun than in online casino maybe because lot of interaction with other people as well.

But gambling with coins will involves of spending more money ? Yeah of course I just watch in video but most of the people spend around 500-1K USD on a single bet. So yeah it involves more money than online gambling.

SamReomo

hero member

Activity: 784

Merit: 672

Top Crypto Casino

No, I prefer gambling with cryptocurrencies because it's more suitable for me and I don't have to share my card details with casinos neither my KYC details. I also try my best to avoid casino that ask for KYC details, in fact with the amounts that I use for gambling, I don't think it's necessary to get KYC verified.

Those who are high rollers should think about KYC verification but the ones who gamble for fun with $100 to $1000 should not worry much about KYC I think. OP I know you are someone who prefers to gamble with fiat but for me it's out of question to go with fiat.

aioc

hero member

Activity: 2926

Merit: 567

Quote from: Oshosondy on May 13, 2024, 09:00:02 AM

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

I do not understand what you mean by this. Either you are gambling with coins like bitcoin or you are gambling with fiat, they are money and they both have value.

The only reason I do not like gambling on fiat gambling sites again is because on the international gambling sites that I was using, only wire transfer can be used to withdraw by people in my country, it takes days or weeks before the money will be credited into my account, unlike crypto gambling sites that takes just few minutes to withdraw coins.

I thought I was the only one I had to read it three times to try to get the full meaning so that I will address my preferences between the two platforms I always prefer playing on online casinos because of the convenience it offers compared to physical casinos, I can play within a few minutes by turning on my PC while physical casinos it will take time to dress up and commute so if you come home from the office you just need to rest a few minutes then you can play by logging in to your account.

And I prefer to use Cryptocurrency for privacy and quickness of transactions which is there is a mass exodus of gamblers transferring from physical casinos to online casinos.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

I like to playing gambling in online casino than offline casino because I don't have to go to some place just to playing gambling. I feels it's better to playing gambling in my home while I can do other things and don't have to spends more money to visits the casino. If you use $50 and wins $40, that will be a happy moment but unfortunately, not many people can gets the same thing as you because many people will lose their money in gambling if they can't control themselves. Your money will be your responsibility so you must take care of yourself and be careful when spends that money to playing gambling. Playing gambling will not gives you an easy money but you can lose all of the money you have so you must always remember that you must avoids the big lose. If you already playing gambling for some time, you must stops yourself from playing gambling and leave the casino before anything bad happens to you.

Oshosondy

legendary

Activity: 1652

Merit: 1208

Gamble responsibly

Quote from: rodskee on May 14, 2024, 01:20:39 AM

we can save time and effort using Online casino because time is more important than anything.

Time is more important than anything. I gamble mostly on weekends, be it on physical or online gambling sites. During weekends, I have the time to gamble and I may prefer to go to a casino instead of going to a bar and later ended it at night in a club. There is no how someone can be busy all the time unless he wants to die young, there are times that people needs for relaxation and this should be especially during weekends. If I am busy, I hardly touch my phone because of anything that has to do with gambling but when I am not working during the weekends, I can gambling.

rodskee

full member

Activity: 2576

Merit: 205

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

I prefer money, strongly. When you gamble with money, you are *risking* money for a chance to win money. It is always a losing proposition. But it’s not the same as *spending* the money. If I walk into a casino with a $50 bankroll, and I walk out of the casino an hour later with $40, then I’ve had a good night. Cause losing the the money will be okay for you but on the process that you won as will you'll enjoyed more than coins, you won't have to trade anything at the moment.

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

Your money your decision mate.

If you think you are comfortable in physical casino then enjoy because we will never stop you from doing.

If we like to gamble in Online then let us also because we are here to play in our convenience .

we can save time and effort using Online casino because time is more important than anything.

Cantsay

hero member

Activity: 700

Merit: 541

Bitcoin Casino Est. 2013

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

When you don’t know anything about something why don’t you ask questions or read more about it first? Rather than going through with creating a thread and stating wrong information - and later you’ll still complain that high ranked accounts are attacking newbies. But let’s leave this and focus on the topic at hand.

I don’t have a preferred platform - the casino I use allow me to make use of both options that is crypto (which you claimed to be coin of no value) and fiat, so if I feel like gambling with crypto or if that’s the only available option for me I’ll do it and if fiat is the o my available option for me I’ll do it.

Samlucky O

sr. member

Activity: 504

Merit: 389

The great city of God 🔥

Op I've read your post often and yet I couldn't understand the point you are making but my reply is based on your topic. For me I have been using fiat gambling for long and haven't been using crypto online gambling but I believe there is no much difference between the both, because crypto currency is also money and when ever you win you will still cash it out at your convenient just like you will cash out fiat. So for me there Is no difference between both it depends on people and what they chose. I would really love to play crypto gambling to see how it looks or how it feels like.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: Oshosondy on May 13, 2024, 09:00:02 AM

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

I do not understand what you mean by this. Either you are gambling with coins like bitcoin or you are gambling with fiat, they are money and they both have value.

The only reason I do not like gambling on fiat gambling sites again is because on the international gambling sites that I was using, only wire transfer can be used to withdraw by people in my country, it takes days or weeks before the money will be credited into my account, unlike crypto gambling sites that takes just few minutes to withdraw coins.

I suppose that what they mean is that if you exchange your fiat for shitcoins and you gamble, even if you won there is no way to know if you actually won something as the shitcoin could collapse anyway, or at least that is what I understood about it.

Now about gambling with fiat or bitcoin, I prefer the latter and this is because even if I do not hide the fact I gamble, I prefer to maintain at least some level of privacy while doing it, as I dislike any traces of my gambling activity on my bank statements, and only cryptocurrency casinos allow me to gamble in the way I want.

irhact

hero member

Activity: 616

Merit: 749

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

I prefer money, strongly. When you gamble with money, you are *risking* money for a chance to win money. It is always a losing proposition. But it’s not the same as *spending* the money. If I walk into a casino with a $50 bankroll, and I walk out of the casino an hour later with $40, then I’ve had a good night. Cause losing the the money will be okay for you but on the process that you won as will you'll enjoyed more than coins, you won't have to trade anything at the moment.

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

Maybe you don't understand that Cryptocurrency is still money i think what you meant by money in your statement is the Fiat currency but I want you to understand that Cryptocurrency is a digital money that was created as an alternative currency for Fiat. Well, I would've love to bet more in Cryptocurrency cause it has a lot of benefits I could save my earning for a long term and the profit when the price go higher.

But then due to the high transaction fees I think I'll go with Fiat at the moment cause the fees for withdrawal are cheaper and base on the volatility of Cryptocurrency the Fiat would make a good use cause it's price is mostly stable and a customer won't get liquidated also based on the high transaction fees a lot of people who used Cryptocurrency for gambling had to use fiat for some time.

Nwada001

hero member

Activity: 798

Merit: 702

Quote from: Oshosondy on May 13, 2024, 09:00:02 AM

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

I do not understand what you mean by this. Either you are gambling with coins like bitcoin or you are gambling with fiat, they are money and they both have value.

I think the Op is referring to free coins that some game platforms usually give out, not real crypto currency like Bitcoin or any other one that can be exchanged for fiat or any other currency, but whose value and use only end in the place where they are given.

The last casino I have seen one of such is BC Game. They have their own coin, which can only be used on their casino to play with, and games won with the token can only be rewarded with the same token, and I don't think they can be transferred out of the casino or even swapped for any other currency.

_act_

legendary

Activity: 1064

Merit: 1298

Lightning network is good with small amount of BTC

Quote from: Yogee on May 13, 2024, 05:14:47 PM

I think he's describing fiat vs. crypto. I don't know why he thought crypto doesn't have value but maybe OP used to play with some dead coins or haven't really tried one yet. I believe it's the latter and he probably doesn't know that he could also trade coins for fiat.

What I think more about this is that OP is not playing on casinos that are accepting cryptocurrencies. If he does not want coins that are volatile in price in the market he can go for stable coins like USDT while many casinos are accepting USDT on Tron network and its fee is cheap. I think he is just the fiat casino type that have no experience about cryptocurrencies at all.

Yogee

sr. member

Activity: 1554

Merit: 413

Quote from: BABY SHOES on May 13, 2024, 01:12:00 PM

A little confused as to what you are describing, by asking "crypto casino gambling or regular fiat casino"? Do you mean physical money?

You are asking here the majority of users will have a crypto casino in comparison to fiat you can also use stablecoin which is almost the same as fiat there is no difference it is only 1:1 between fiat and stablecoin.

Gambling with coins will cost more money? Doesn't crypto also have value? You know when you gamble at an online casino it's dollars/Euro or other currencies that are at stake even if you use coins and these still have value.

I think he's describing fiat vs. crypto. I don't know why he thought crypto doesn't have value but maybe OP used to play with some dead coins or haven't really tried one yet. I believe it's the latter and he probably doesn't know that he could also trade coins for fiat.

livingfree

hero member

Activity: 2996

Merit: 580

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Bravut on May 13, 2024, 04:32:16 PM

I prefer regular fait casinos, for me nothing is different because the crypto sites still equate your deposit limit or coins to fait, so what the need. From my perspective its unnecessary and i don't see any much difference from regular fait.

Exactly. I don't see the same difference on them but the prices of the cryptos that we're gambling. If you're gambling with some meme coins out there, you'd be happy to stay longer because you can gamble with millions of its supplies as long as the casino is supporting that.

For some gamblers, gambling with fiat is better because the value is stagnant and won't fluctuate at all.

Quote from: Bravut on May 13, 2024, 04:32:16 PM

Gambling with the regular fait, is satisfying for me and provides exclusive services with privacy

How so? You're required to use banks or anything with your identity that you've been using with money remitting services or the same.

Bravut

member

Activity: 224

Merit: 42

I prefer regular fait casinos, for me nothing is different because the crypto sites still equate your deposit limit or coins to fait, so what the need. From my perspective its unnecessary and i don't see any much difference from regular fait.

The only benefit of any is the fact of privacy but still security of this crypto gambling sites isn't to be trusted, there is more tendency to scam.

Gambling with the regular fait, is satisfying for me and provides exclusive services with privacy especially online casino the only difference here is Coin and Fait.
Casinos are for one purpose, using crypto or fait is just to meet up the target (potential gamblers).

Wexnident

hero member

Activity: 2702

Merit: 672

I don't request loans~

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

~

You talking about casino coins/chips? I don't think they have a difference. It's a mentality thing here imo since it's common sense that chips hold some value that casinos dictate so that players can use them inside the casino. In your example even, walking in with a $50 and walking out with $40, that's still what happens with chips, you don't exactly walk out with chips after all lol, you change them out to money.

Now if this was about crypto, and trading in general, well yea, I'd consider thinking it's similar to gambling as dumb. If it was about the value then to each their own, but with considering it different to gambling then cheers to that mate. Being spent as a currency though, they're pretty much the same, I see no difference. They're called a currency for a reason, and if both parties agree that they have value and are willing to accept it, why bother arguing? That's how all trades started after all. Rejecting that pretty much rejects history.

Aniel Jay

jr. member

Activity: 65

Merit: 2

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

I prefer money, strongly. When you gamble with money, you are *risking* money for a chance to win money. It is always a losing proposition. But it’s not the same as *spending* the money. If I walk into a casino with a $50 bankroll, and I walk out of the casino an hour later with $40, then I’ve had a good night. Cause losing the the money will be okay for you but on the process that you won as will you'll enjoyed more than coins, you won't have to trade anything at the moment.

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

Aside from the issues of volatility in the cryptocurrency, I prefer crypto online gambling to fiat casino gambling, because crypto online gambling is decentralised and you don't need to be seen in the casino shop every time you want to gamble.

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: Jawhead999 on May 13, 2024, 09:11:40 AM

Cryptocurrency, why you make it differ to other currency i.e. fiat? if you aren't comfortable with the volatility, you can just gamble using stable coin.

I can't understand with people who gamble that still regret with the money they spend for gambling, if you're looking to grow your money, then you shouldn't gamble at all. Life is short, enjoy every moment in this life, why so serious?

I'd choose crypto casino, it's more private than directly connect my banks/credit card to the casino.

True,on which i dont know about their differentiation considering that crypto isnt a free money or something that doesnt have value on which simply means that you would really be still be spending money after all.
Unless if OP is really literally talking about demo amount then its something that doesnt have value not when we do talki about Bitcoin or other altcoins which they do really have that actual value as we do all know.
They might be crypto but when it comes to the value they do have then it would really be that equal when it comes to fiat and this is something which is really that we do know that people would really be thriving their very best to accumulate on.

When it comes to the choosing in between fiat or crypto spending on gambling then it would always falls down into someones preference on which we do know that there
are indeed people whom do really love on spending fiat but there are ones who do love on spending on crypto. It doesnt matter yet both does have their value.

sunsilk

hero member

Activity: 3038

Merit: 634

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

I prefer money, strongly. When you gamble with money, you are *risking* money for a chance to win money. It is always a losing proposition. But it’s not the same as *spending* the money. If I walk into a casino with a $50 bankroll, and I walk out of the casino an hour later with $40, then I’ve had a good night. Cause losing the the money will be okay for you but on the process that you won as will you'll enjoyed more than coins, you won't have to trade anything at the moment.

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

Gambling with fiat or crypto is totally the same. The monetary value is there and that's why there is no difference if you think that you're spending it as a privilege or you're risking it.

Which coin are you describing as something that doesn't have any value at all? The crypto market has became big and majority of the coins accepted by the casinos have their own value.

They won't support and accept a coin to their platform that doesn't have value and that's why I don't understand where you are coming from with this thought.

darkangel11

legendary

Activity: 2478

Merit: 1360

Don't let others control your BTC -> self custody

Haha nobody knows what OP is rambling about Cheesy

You say you don't feel like you're losing money with crypto because it's not money? Is that it? I consider bitcoin a normal currency and I feel every satoshi won or lost. When you can buy something for it it's a normal currency no different from fiat money. The only difference one can feel is with electronic money vs cash. In a physical casino spending a bunch of cash can really feel like dealing with real money, but what happens when you convert your cryptocurrency to physical chips in a real casino? The line gets blurry, right?

panjul07

legendary

Activity: 3500

Merit: 1354

It seems many people get confused with what you try to explain in this topic including myself.
I have no idea which coins you are referring that has no value, but since your title is comparing crypto and fiat so I assume that the coin you are talking is crypto.
But how can you say the coins has no value? So I wonder which coin you are talking about and which players who gamble with coins without value?

Woodie

hero member

Activity: 1834

Merit: 879

Rollbit.com ⚔️Crypto Futures

Fact check: cryptocurrencies are cash equivalent which hold value to the point of being declared legal tender in some countries, so let's not spread FUD to say these coins don't hold any value!!!

So between using fiat or cryptocurrency I believe it all depends on the preference of the user, and personally I would go for crypto as it's easier to handle in terms of deposits/withdraws unlike fiat which sometimes is affected with maintenance and what not...and besides I think with crypto players are given the freedom to play with much smaller denominations than what we get to see with fiat and also allows the system to monitor your financial spending.

Crypto Library

hero member

Activity: 1036

Merit: 933

Find your Digital Services at- cryptolibrary.pro

It depends on the person to person what can more beneficial for them they will prefer those options.
Like for me I will prefer the Crypto online gambling besides the fiat casino gambling because my salaries and payments are received on the cryptocurrencies and I don't want to make them fiat for playing gambling where I have already the best options for gambling by using cryptocurrencies. And in the main time I think by using cryptocurrency playing there will be more privacy in case of using a fiat with the bank or cash. So I also think it is more safer than a fiat casino that is why I will always prefer crypto online gambling casinos.

CryptSafe

sr. member

Activity: 728

Merit: 421

OP I am trying to grapse your grammar here but however, I think either way you want to gamble can be achievable. It is either you gamble with fiat or you use Crypto depending on the most convenient one for you.

There are no issues with online casinos accepting fiat. As a matter of fact, using coin or fiat is optional for some online casinos which leaves you the gambler with the opportunity to choose the one most convenient for you.

I personally prefer to use coin than fiat for my convenience because that saves me the stress of conversion, waiting for my dashboard account to be credited and other factors but using coin does not waste my time and I am very much convenient and relaxed with it when gambling. Another factor which makes online casino and the use of coin more prefferd is the fact that ones privacy is guaranteed.

Nwada001

hero member

Activity: 798

Merit: 702

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

Are you in any way trying to talk about gambling with real money like fiat and also playing games in casinos that give you free coins to taste their platform, which is also considered a demo account?

If that's what you are pointing out, gambling is far above that; those coins are never meant to be withdrawn, and they're just to be used to taste and learn how to gamble on that platform. If you want to taste the real joy behind gambling, then the person should quit using a demo account and deposit real money to gamble with.

BABY SHOES

sr. member

Activity: 294

Merit: 433

HODL - BTC

A little confused as to what you are describing, by asking "crypto casino gambling or regular fiat casino"? Do you mean physical money?

You are asking here the majority of users will have a crypto casino in comparison to fiat you can also use stablecoin which is almost the same as fiat there is no difference it is only 1:1 between fiat and stablecoin.

Gambling with coins will cost more money? Doesn't crypto also have value? You know when you gamble at an online casino it's dollars/Euro or other currencies that are at stake even if you use coins and these still have value.

Findingnemo

hero member

Activity: 2366

Merit: 793

Bitcoin = Financial freedom

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

I prefer money, strongly. When you gamble with money, you are *risking* money for a chance to win money. It is always a losing proposition. But it’s not the same as *spending* the money. If I walk into a casino with a $50 bankroll, and I walk out of the casino an hour later with $40, then I’ve had a good night. Cause losing the the money will be okay for you but on the process that you won as will you'll enjoyed more than coins, you won't have to trade anything at the moment.

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

Let me give you some negatives of Fiat casinos, I just start with the bankroll you mentioned $50 which maybe a big amount of money for you but for most of the players it's not even an amount consider that they tip which may gives you an uncomfortable feeling when you're not going with huge feeling, definitely it will make me uncomfortable.

And it's your priorities though, if you feel the experience of casinos and people you can meet is what makes you think that's worth spending your money then it has no alternative and it can't be replicated in internet world.

alani123

legendary

Activity: 2422

Merit: 1451

Leading Crypto Sports Betting & Casino Platform

The only thing that could make me gamble outside of an online casino is a good ol' poker match between friends or family. Sadly or not it's very hard to replace the feeling and lust of playing poker in person and most online casinos don't even make an attempt at introducing poker.

But other than that very little can best the comfort of your home. Online gambling has gotten even more competitive than regular casinos now both on terms of odds but also for variety. Some games still are kinda better at land casinos like blackjacks but it's one of the very few exceptions.

GideonGono

hero member

Activity: 2086

Merit: 501

★Bitvest.io★ Play Plinko or Invest!

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

I prefer money, strongly. When you gamble with money, you are *risking* money for a chance to win money. It is always a losing proposition. But it’s not the same as *spending* the money. If I walk into a casino with a $50 bankroll, and I walk out of the casino an hour later with $40, then I’ve had a good night. Cause losing the the money will be okay for you but on the process that you won as will you'll enjoyed more than coins, you won't have to trade anything at the moment.

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

There is no difference when it comes to value, there is no such gambling site that would allow us to gamble with a crypto that doesn't have a value.
But if you are asking us if we prefer online crypto gambling rather than land base casino, then it would depend on each gambler, for me I prefer online gambling because it would save me time since I could access it anytime, anywhere I want.

Slow death

legendary

Activity: 3234

Merit: 1130

Leading Crypto Sports Betting & Casino Platform

In my opinion there is no difference, imagine if physical casinos were telling people to put US dollars on the poker table, or roulette during the game? This would be very uncomfortable, the American dollar as well as other fiat currencies are pieces of paper that could easily fly around the casino, because in physical casinos, they have air conditioning to cool the environment, people could also deliberately blow on it to make the money fly, so it would be very uncomfortable, for this and other reasons physical casinos use chips. I researched more about this and found good information in this article:

Quote from: https://casino.betmgm.com/en/blog/why-casinos-use-chips-cash/

With multiple digital payment options and the rise of cryptocurrency, casino patrons might wonder why casinos still use traditional chips instead of cash or electronic payment methods. The truth is that casino chips are much more than a bygone casino currency. Betting chips don’t just induce nostalgia; they increase security, help prevent fraud, and influence how gamblers think and behave. There’s even some impressive tracking technology hiding inside the chips for gambling at a casino.

source: https://casino.betmgm.com/en/blog/why-casinos-use-chips-cash/

people should choose a casino based on the advantage they think they will have, there are people who live very far from physical casinos, for these people the best option is to use online casinos, but there are people who live close to physical casinos, so In the case of these people, it is advantageous to use physical casinos because they can play and have fun with friends or relatives in the physical casino, by this I mean that both casinos have advantages and disadvantages

acroman08

legendary

Activity: 2534

Merit: 1115

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

I prefer money, strongly. When you gamble with money, you are *risking* money for a chance to win money. It is always a losing proposition. But it’s not the same as *spending* the money. If I walk into a casino with a $50 bankroll, and I walk out of the casino an hour later with $40, then I’ve had a good night. Cause losing the the money will be okay for you but on the process that you won as will you'll enjoyed more than coins, you won't have to trade anything at the moment.

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

I think you should elaborate more about your post because I have no idea which "coin" is referring to as "has no value", because if you are talking about casino chips I hate to break it to you that they do have value at least in the casino you are playing at and if you are talking about cryptocurrency as something that "has no value", then what are even doing here, majority of online casino that are being advertised here are crypto casino and uses cryptocurrency as a payment method.

o48o

legendary

Activity: 3080

Merit: 1178

Leading Crypto Sports Betting & Casino Platform

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

I prefer money, strongly. When you gamble with money, you are *risking* money for a chance to win money. It is always a losing proposition. But it’s not the same as *spending* the money. If I walk into a casino with a $50 bankroll, and I walk out of the casino an hour later with $40, then I’ve had a good night. Cause losing the the money will be okay for you but on the process that you won as will you'll enjoyed more than coins, you won't have to trade anything at the moment.

But gambling with coins will involves of spending more money on the play coins. Which have no value or gain at the moment (if they have value, they wouldn't be play coins, they do just be different kind of currency) So, you’re paying for the privilege of risking something of no value in the hopes of winning something of no value. That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

I don't get what you are trying to say with that last whole last part. People who play with cryptos, already own cryptos. They don't buy it for that purpose, at least not anyone that i know of. And what do you mean IF they have value? How wouldn't they have value? What kind of cryptos are you talking about? I find it weird, because it sounds like you don't know much about cryptos, yet you are in bitcointalk talking about crypto casinos.

But answer to what i prefer is it depends. Crypto sites have fast withdrawing, no matter if it's weekend or not, and in theory i like to support sites that allow cryptos. But most, if not all crypto casinos that i know are outside EEA, and i need to pay taxes for the winnings. While winning inside EEA with fiat money casino it's no taxes for me and just less of a hassle in that way.

And some would call just holding a midcap crypto in a casino a gamble, as their value in fiat money could just rise or drop over night.

ralle14

legendary

Activity: 3374

Merit: 1922

Shuffle.com

I'd pick online gambling if i'm going to do it regularly because you have to do extra steps to place bets physically, but if i'm gambling with my friends i'll always pick fiat casinos.

On the other hand, it's unusual to view cryptocurrencies as something without any value, I understand that the prices could swing down to almost nothing, but that'll take a lot of money before it can happen and there are crypto casinos that convert your balance to fiat if that's what you're concerned about.

Yatsan

legendary

Activity: 2576

Merit: 1252

Leading Crypto Sports Betting & Casino Platform

Personally I prefer engaging to online gambling sites than to visit land based casinos because of convenience. Also I don't want to be around many people when I am thinking or analyzing the game; silence helps me but of course without certainty of winning still. This is just a matter of preference and have been discussed for a couple of times already. From what I read before, another reason hy people are more into online gambling is because of rewards and sign up bonuses that is a bit rare with land based casinos. Some people will really be preferring face to face gambling because of the "true gambling experience" and nothing's wrong with it.

Quote from: Beparanf on May 13, 2024, 09:39:25 AM

Am I right that you are considering crypto coins has no value when use on crypto casino? Because you are referring to play token coins and not crypto coins which can be considered as fun mode play.

You are comparing it wrongly and you should revise the topic on playing in the casino with fun tokens compared to real money since fiat casino and crypto casino are both using real money on all of their games.

Quite misleading indeed. At first I thought he is referring to impulsive gambling in online platforms because the coins we are using are virtual currency which somehow having "less value feeling" than with using real money in land based casinos.

Gozie51

hero member

Activity: 2660

Merit: 630

Vave.com - Crypto Casino

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

I prefer money, strongly. When you gamble with money, you are *risking* money for a chance to win money. It is always a losing proposition. But it’s not the same as *spending* the money. If I walk into a casino with a $50 bankroll, and I walk out of the casino an hour later with $40, then I’ve had a good night. Cause losing the the money will be okay for you but on the process that you won as will you'll enjoyed more than coins, you won't have to trade anything at the moment.

There is no clear meaning to what this is or what you are saying but what I understand is that both fiat or cryptocurrency are same all it takes for you to convert crypto winning into fiat via usdt when withdrawing. That is, you can withdraw using usdt and that doesn't take you so much to bother about. Most of the casinos have the option of usdt so it is only that you don't have direct access to fiat like you are paid with it on offline gambling house.

If you win cryptocurrency, you know how much worth of it in usdt so it doesn't cause you to misunderstand the difference in the prices of the coin.

cabron

hero member

Activity: 2800

Merit: 595

https://www.betcoin.ag

They are just the same whether you wager with coins or fiat money, they are just the same as they still have value. The purpose in most cases why people gamble is to win so if the gambler is just playing coins with no value, then he is wasting time which is the same as losing time.

There seems to be no difference anymore between fiat casinos and crypto casinos, they are all asking KYC and you can play on a casino that accepts both crypto and fiat.

Beparanf

hero member

Activity: 2954

Merit: 796

Am I right that you are considering crypto coins has no value when use on crypto casino? Because you are referring to play token coins and not crypto coins which can be considered as fun mode play.

You are comparing it wrongly and you should revise the topic on playing in the casino with fun tokens compared to real money since fiat casino and crypto casino are both using real money on all of their games.

Accardo

hero member

Activity: 1302

Merit: 561

Leading Crypto Sports Betting & Casino Platform

I think Op is referring to the coins used in gambling in physical casino, which is bought with fiat and later changed to fiat by the casino. Although his topic is misleading as regards to the content here. Responding to his topic, I'd say that online cryptocurrency gambling is better in terms of withdrawal and have lesser stress as the funds goes directly to our crypto address. Unlike withdrawal to bank where some documents would be asked and sometimes take some working days for the funds to arrive.

On the other hand, If I'm still in line with what Op said, crypto has value and wagering them online means losing our valuable crypto which may increase in value later on. That's right, when fiat is lost it's different from losing crypto. But those cryptocurrencies are not only meant to be kept but used as well. Spending crypto in a casino is not wrong. It's same as winning in cryptocurrency, the player would possess more profits in his bankroll. Revising on the write-up I suggest Op should to simplify this thread by making some effective changes on the thread or make it clearer for a better answer.

Hatchy

sr. member

Activity: 336

Merit: 365

The Alliance Of Bitcointalk Translators - ENG>PID

Quote from: Ojinga on May 13, 2024, 08:53:27 AM

That doesn’t even count as gambling anymore; that’s paying a fee for the privilege of keeping score on a random number generator. What's your own opinion towards this?

Weather you are gambling with fiat or cryptocurrency, once deposited on an online casino, it becomes virtual currency. So why the fuss about making money with money? Have you forgotten that we literally buy cryptocurrency using fiat?. The reason why cryptocurrency gambling is more popular these days is because it's what most casino now accepts and offers to their customers for depositing. It doesn't really matter what you gamble with, so long you know how to play your chance of winning or losing is still the same. Stop confusing fiat or cryptocurrency gambling as there's no much difference.

YOSHIE

legendary