Doesn't blockchain technology makes gambling easier?

Ucy

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Quote from: shoreno on March 12, 2019, 11:22:47 PM

Quote from: tippytoes on February 26, 2019, 06:36:06 PM

Indeed it is. So those crypto users who are not previously gamblers will be attracted to this area as it is extremely easy now to gamble. More money into this business though...

thats true , before im not a gambler but until i discover crypto i then attracted to play online gambling because its more safer . there is no risk of being caught by the police as we all know that gambling is getting illegal locally . now that blockchain is also becoming popular , gambling sites decided to partner with them . this makes gamblers more attracted towards them because blockchain adds an extra level of fariness to the games .

This is interesting. Did crypto really made you a gambler? I doubt it.. You basically didn't gamble in your country because gambling is banned there.
I have been in crypto for a while now but never find gambling that interesting. It maybe a personality thing . I guess gamblers find competition fun

shoreno

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Quote from: tippytoes on February 26, 2019, 06:36:06 PM

Indeed it is. So those crypto users who are not previously gamblers will be attracted to this area as it is extremely easy now to gamble. More money into this business though...

thats true , before im not a gambler but until i discover crypto i then attracted to play online gambling because its more safer . there is no risk of being caught by the police as we all know that gambling is getting illegal locally . now that blockchain is also becoming popular , gambling sites decided to partner with them . this makes gamblers more attracted towards them because blockchain adds an extra level of fariness to the games .

davinchi

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Quote from: Polar91 on February 25, 2019, 07:40:10 PM

Quote from: Idrisu on February 01, 2019, 04:17:24 PM

Currently many gambling sites and company are developing blockchain base gambling sites and that brings many cryptocurrencies enthusiasts to develop interest in gambling. I think blockchain technology is making gambling easier! What are your thoughts concerning this.

I think through blockchain technology, gambling becomes acessible and limitless for everyone. It is because as long as you have cryptocurrency, you can play it. Unlike in real gambling, you have to buy their chips, and the chips they can provide are limited to the amount they have.

Yes. For example Betbox-an online application- designed to work like a high tech platform for betting and is powered by ETH. Countries like Malta offer a legal and clear framework to boost their gambling industry which is one of the most worthy industry with $520 billion till 2023. So, Betbox users can bet on events and can also create their own events to bet on. This is how blockchain is revolutionizing the gambling industry.

Ucy

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Quote from: Natalim on February 25, 2019, 10:44:13 PM

Quote from: LUCKMCFLY on February 25, 2019, 05:53:58 PM

Blockchain Technology does facilitate the game, especially for those countries where they are prohibited.

Blockchain exist and anyone can build a gambling site using the blockchain, it does not matter if you are in a country where it's prohibited because the government cannot stop you from using the blockchain but you are of course subject to risk of getting caught.

it's a big breakthrough in the gambling world as people find it easy and hence it gives more entertainment to them.

Blockchain is indeed a breakthrough in the gambling world. I wonder why owners of centralized gambling aren't adopting it. It's probably not that fast for them?

Quote

but you are of course subject to risk of getting caught.

How can they catch people. Could you please throw more light on this.

tippytoes

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Indeed it is. So those crypto users who are not previously gamblers will be attracted to this area as it is extremely easy now to gamble. More money into this business though...

ripplecanavari

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Quote from: Idrisu on February 01, 2019, 04:17:24 PM

Currently many gambling sites and company are developing blockchain base gambling sites and that brings many cryptocurrencies enthusiasts to develop interest in gambling. I think blockchain technology is making gambling easier! What are your thoughts concerning this.

i agree certainly before blockchain kyc was necessary but now you dont need any kyc and withdraw is more fast

Oceat

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Quote from: Natalim on February 25, 2019, 10:44:13 PM

Quote from: LUCKMCFLY on February 25, 2019, 05:53:58 PM

Blockchain Technology does facilitate the game, especially for those countries where they are prohibited.

Blockchain exist and anyone can build a gambling site using the blockchain, it does not matter if you are in a country where it's prohibited because the government cannot stop you from using the blockchain but you are of course subject to risk of getting caught.

it's a big breakthrough in the gambling world as people find it easy and hence it gives more entertainment to them.

Yes, it is but you risk too much just for your own entertainment, I wouldn't risk that much if the government in my country doesn't want my business. I would just stick to the normal old school gambling, either way, it's still fun doing it. Though blockchain can be a good thing when applies to online gambling, it will give more favor on the gamblers.

Duzter

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Quote from: Natalim on February 25, 2019, 10:44:13 PM

Quote from: LUCKMCFLY on February 25, 2019, 05:53:58 PM

Blockchain Technology does facilitate the game, especially for those countries where they are prohibited.

Blockchain exist and anyone can build a gambling site using the blockchain, it does not matter if you are in a country where it's prohibited because the government cannot stop you from using the blockchain but you are of course subject to risk of getting caught.

it's a big breakthrough in the gambling world as people find it easy and hence it gives more entertainment to them.

Same as the entertainment provided it also provides with the risk, another thing now blockchain is getting more common on the gambling world. The same is being used as an opportunity by the scammers developing some lottery based and casinos with the tagline of blockchain functional.

ethereumhunter

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Quote from: Polar91 on February 25, 2019, 07:40:10 PM

Quote from: Idrisu on February 01, 2019, 04:17:24 PM

Currently many gambling sites and company are developing blockchain base gambling sites and that brings many cryptocurrencies enthusiasts to develop interest in gambling. I think blockchain technology is making gambling easier! What are your thoughts concerning this.

I think through blockchain technology, gambling becomes acessible and limitless for everyone. It is because as long as you have cryptocurrency, you can play it. Unlike in real gambling, you have to buy their chips, and the chips they can provide are limited to the amount they have.

That is right, with blockchain technology, people can just buy a coin like bitcoin, ethereum, litecoin, dogecoin, reddcoin, verge, dash, or the other to start. People will find it easier to play gambling, and they even don't have to go out of their home, and they can play gambling while watching television. But besides of the benefits of blockchain technology in the gambling business, we need to know that it will trigger for the increase of the addicting people in gambling and we must prevent ourselves from becoming one of them.

Natalim

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Quote from: LUCKMCFLY on February 25, 2019, 05:53:58 PM

Blockchain Technology does facilitate the game, especially for those countries where they are prohibited.

Blockchain exist and anyone can build a gambling site using the blockchain, it does not matter if you are in a country where it's prohibited because the government cannot stop you from using the blockchain but you are of course subject to risk of getting caught.

it's a big breakthrough in the gambling world as people find it easy and hence it gives more entertainment to them.

hulla

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Quote from: Polar91 on February 25, 2019, 07:40:10 PM

Quote from: Idrisu on February 01, 2019, 04:17:24 PM

Currently many gambling sites and company are developing blockchain base gambling sites and that brings many cryptocurrencies enthusiasts to develop interest in gambling. I think blockchain technology is making gambling easier! What are your thoughts concerning this.

I think through blockchain technology, gambling becomes acessible and limitless for everyone. It is because as long as you have cryptocurrency, you can play it. Unlike in real gambling, you have to buy their chips, and the chips they can provide are limited to the amount they have.

In addition, to your statement we both know that block chain is an open and transparent ledge and theres been alot of argument online about the house faking result. Every gambler believed the provably fair is totally executed through block chain gambling site, the implementation is quite easy and anyone can gambling on the go with out fighting which might occur through physical gambling.

Polar91

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Quote from: Idrisu on February 01, 2019, 04:17:24 PM

Currently many gambling sites and company are developing blockchain base gambling sites and that brings many cryptocurrencies enthusiasts to develop interest in gambling. I think blockchain technology is making gambling easier! What are your thoughts concerning this.

I think through blockchain technology, gambling becomes acessible and limitless for everyone. It is because as long as you have cryptocurrency, you can play it. Unlike in real gambling, you have to buy their chips, and the chips they can provide are limited to the amount they have.

LUCKMCFLY

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Blockchain Technology does facilitate the game, especially for those countries where they are prohibited.

In addition, the many advantages it offers, is an incorruptible system, where you audit your results, have records by date and by game, statistics, no physical casino gives you access to your game records in which you are participating.

Dainye_dyep

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Quote from: micher143 on February 23, 2019, 09:08:03 PM

Quote from: Idrisu on February 01, 2019, 04:17:24 PM

Currently many gambling sites and company are developing blockchain base gambling sites and that brings many cryptocurrencies enthusiasts to develop interest in gambling. I think blockchain technology is making gambling easier! What are your thoughts concerning this.

That was totally right. Due to the existence of cryptocurrency, gambling online into various gambling sites have been made much easier because convenience in doing transactions such as deposits and withdrawals are now made possible by just using cryptocurrency to do all those stuffs. Now playing is hassle free so many players and investors are up into playing gambling using their cryptocurrency that they have. Which I actually did to the online casino I am currently up to that accepts Bitcoin for a fast and easy deposit that grants me a reward as a welcome bonus for doing my first deposit.

Indeed. Gambling online has been made more easier due to the usage of the blockchain technology providing a hassle free transaction to provide a convenient game play experience to the online gambling players. This is made possible due to the fact that both are manageable online so the services provided by the two help each other achieve and provide a fast reliable service for the people to enjoy. I got interested into that welcome bonus reward of your online casino for doing first time deposit which I want to try.

micher143

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Quote from: Idrisu on February 01, 2019, 04:17:24 PM

Currently many gambling sites and company are developing blockchain base gambling sites and that brings many cryptocurrencies enthusiasts to develop interest in gambling. I think blockchain technology is making gambling easier! What are your thoughts concerning this.

That was totally right. Due to the existence of cryptocurrency, gambling online into various gambling sites have been made much easier because convenience in doing transactions such as deposits and withdrawals are now made possible by just using cryptocurrency to do all those stuffs. Now playing is hassle free so many players and investors are up into playing gambling using their cryptocurrency that they have. Which I actually did to the online casino I am currently up to that accepts Bitcoin for a fast and easy deposit that grants me a reward as a welcome bonus for doing my first deposit.

gribble

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Quote from: virasog on February 08, 2019, 12:00:41 AM

Quote from: gribble on February 05, 2019, 11:29:39 PM

Quote from: Idrisu on February 01, 2019, 04:17:24 PM

Currently many gambling sites and company are developing blockchain base gambling sites and that brings many cryptocurrencies enthusiasts to develop interest in gambling. I think blockchain technology is making gambling easier! What are your thoughts concerning this.

You are right the blockchain technology is making gambling easier especially for the gambling games which are built on the most faster blockchain, for example eosbet is decentralize application dapps of gambling games be built on EOS blockchain as we know EOS blockchain is the most faster blockchain than other, it have made gambling games industry easier to be used and played, it is really useful for all of gamblers lover related with cryptocurrencies.

Bitcoin has already made gambling accessible to everyone and now anyone can play gambling at their own comfort anytime. EoS is further developing this as the response time / Transaction time on EOS platform is much more faster.

Yes i agree with you actually the blockchain technology make gambling industry easier since the bitcoin was born the other blockchain such as EOS blockchain or ethereum blockchain is innovations in decentralize application (dapps) for gambling games to be more decentralize and transparant and it makes faster in processing transaction in gambling games industry based on the blockchain technology.

whirlcoin

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Quote from: Idrisu on February 01, 2019, 04:17:24 PM

Currently many gambling sites and company are developing blockchain base gambling sites and that brings many cryptocurrencies enthusiasts to develop interest in gambling. I think blockchain technology is making gambling easier! What are your thoughts concerning this.

The fact is while the gambling will increase the investors also increasing while the investors increasing in here the value of the investment is also increasing so the blockchain will continuously grow up with the gambling field so it will definitely helpful for the development of krypton field so much.

GreatOrchid

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Quote from: xWolfx on February 09, 2019, 01:42:53 PM

Quote from: crwth on February 06, 2019, 03:08:16 AM

I want to try some online casino out with that kind of technology. When I searched for it in Google, it said Wagerr and FortuneJack at the top, so I guess those are blockchain supported casinos. Anyways, I do agree with all your advantages with the addition of blockchain tech. I want to add that with gambling in this kind of casino, and there would be transparency with the bets. Payouts would be seen and can be checked if legitimate, unlike in real casinos where I think hidden transactions are happening.

I wouldn't be surprised if that was the case to be honest. Don't forget also the extra security that Blockchain technology brings to the table which today can be really useful.

Let's hope that more expand and implement the technology in the future.

Security should not be neglected. Blockchain technology is much more secure than the centralised system so what i think is that truely blockchain technology makes gambling easier. Majority of the community now goes for extra security because they always want their funds to be in safe hands and so they choose blockchain technology.

xWolfx

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Quote from: crwth on February 06, 2019, 03:08:16 AM

I want to try some online casino out with that kind of technology. When I searched for it in Google, it said Wagerr and FortuneJack at the top, so I guess those are blockchain supported casinos. Anyways, I do agree with all your advantages with the addition of blockchain tech. I want to add that with gambling in this kind of casino, and there would be transparency with the bets. Payouts would be seen and can be checked if legitimate, unlike in real casinos where I think hidden transactions are happening.

I wouldn't be surprised if that was the case to be honest. Don't forget also the extra security that Blockchain technology brings to the table which today can be really useful.

Let's hope that more expand and implement the technology in the future.

Kevin77

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Quote from: FIFA worldcup on February 09, 2019, 12:06:51 PM

Quote from: Thanasis on February 09, 2019, 04:53:30 AM

Quote from: Ucy on February 09, 2019, 04:06:05 AM

Guess blockchain will makes gambling more transparent, trustworthy, difficult to manipulatebut but not faster or convenient . Centralized gamblings should be faster and convenient ones but without the advantages of Blockchain .

So blockchain and Centralized gambling both have their advantages and disadvantages

When blockchain is implemented then the games will become decentralised so we can trust those games at most but as you said it may not be much convenient as centralised games.

Well currently most of the gambling site and games are centralized. I am sure in future there will be more decentralized gambling sites and games. With decentralization, there will be no house advantage and gambling will become much more profitable and it will be the new trend in gambling.

There are a lot of practical difficulties in implementing decentralization concepts. We start from decentralized exchanges to explain in better way. Even in decentralized exchanges we are needing to trust a centralized authority and at the time of actual exchange we need to hand over funds into that authority. So that we still need to pay a fees for exchanges. Similarly we cannot expect a decentralized gambling environment where we will not be having any house edge. It will be there for sure.

Playing against your friend or colleague must be the real way of having be centralized gambling as there will be no one there to control you both and you will never need to pay any fee in the name of house edge. I mean to say blockchain technology will help us to have improved gambling environment but that does not need to be a decentralized one.

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