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Topic: Gambling with altcoins - page 2. (Read 16574 times)

YIz
hero member
Activity: 686
Merit: 502
May 21, 2019, 12:48:21 PM
I personally try to only use dogecoin for gambling as for me gambling is something I get enjoyment out of, not just to make huge profits, so using dodge coin just lets it last longer since the coin itself is worth so little. You also get the thrill of hitting insane multipliers without feeling bad if you dont hit it. and if you walk away with profit at the end of the day then hell yeah.
member
Activity: 546
Merit: 32
May 21, 2019, 12:27:36 PM
Oftenly I use my old piles of altcoins for gambling, due to their value drop in recent months. Most of them were supposed to be successful projects, but majority of them turned out to be overhyped and right now their value is decreasing, so I don't regret using them for online gambling.
Even if you are playing with altcoins which value keep decreasing it doesn't mean its worthless token or coin you may convert them into bitcoin or any other valuable coins in any exchanges.So if you are gambling with any coin then it has real value and if you loss it means its still the loss so only play with that coin if you can afford to lose.
jr. member
Activity: 48
Merit: 1
May 21, 2019, 11:27:38 AM
Oftenly I use my old piles of altcoins for gambling, due to their value drop in recent months. Most of them were supposed to be successful projects, but majority of them turned out to be overhyped and right now their value is decreasing, so I don't regret using them for online gambling. Yas, sometimes its difficult to find a platform where you can use your altcoins, because majority of online casinos are favouring btc and most popular altcoins. The other difficulty is to find well secured platform, like for example. my favorite one right now is CryptoGamble, mostly because of their high-standard security.
member
Activity: 616
Merit: 30
May 21, 2019, 07:54:29 AM
I see many coins around. Even a year ago there were some casinos accepting litecoin and dogecoin. As bitcoin is now really expensive and slow plus some people are afraid of tomorrow's segwit thing, I thought it would be interesting enough to create a poll and see how many people still gamble with bitcoin and are there many fans of other coins. Nowadays the range is really wide, so we have what to choose from What do you think?
I still using bitcoin and lite coin until now(though I only gamble limited because of other things to face than to risk money lol)
But I have seen or read many players are playing in Dogecoin since it’s more cheaper and easy to accumulate.
You can invest any type of currency in gambling and the result will based on your investment if you are invested they good altcoin then then it will definitely returns to you with good profit that is the simple theory here available for you.

Only play with currency which is worthless or else you may play with best and end up in losing that in bets and thus you also miss that money making opportunity which will happen during bull run. So understand that accordingly one should play .
But how can we use worthless currency?or just like playing play money that has no value and no winnings also?
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
May 21, 2019, 07:37:40 AM
^ that was the advantage there when you are going to use Bitcoin in gambling, the price is expensive in Bitcoin and for sure it will be doubled your capital once you have won. Although Altcoins are good too I also prefer to use Bitcoin during in my gambling because doesn't need to trade other coins when I am going to convert fiat(dollars). Well, our choices will depend on us which we are comfortable to use in gambling even how much the fee if you are willing to gamble you can deposit even the fees are quite high.

It depends upon individual liking and disliking, if he is willing to play with btc even in the times of increased bitcoin prices. Although if the bitcoin price is increased, you will risk more money in gambling with same amount of btc which also mean that in case you win, you will be awarded more. 

Yes, I agree with you. That's why I don't like to use bitcoin for gambling because I think it will better to use bitcoin for trade or for withdrawing into fiat and for doing gamble, it is better-used altcoin to bets. We have many options of the altcoin in the gambling game, and we can choose the low price coin to bets, and we don't have to worry if somehow we are losing a big amount.
newbie
Activity: 7
Merit: 0
May 21, 2019, 07:31:27 AM
Earlier the gambling industry is fully occupied by bitcoin, further with the growth of ethereum it got its importance and more gambling websites started to accept it into gambling. Further more altcoins gained its importance into gambling. Even now majority of the users prefer bitcoin.

Exactly, not many online casinos are accepting other cryptocurrencies than bitcoin, i think because they don't trust altcoins as much. I still remember that couple years ago, finding such online casino was really dreadful, more of them were accepting fiat money. Right now the popularity of cryprocurrencies if growing and also platforms based on blockchain technology are setting their offer not only for bitcoin users, but also for altcoins fans.

For me it is really interesting. Recently I've found Futurobet where I can use some of my BTC also smaller ones crypto like FTO

And this is one of many examples, where even such small altcoin like FTO is accepted in an online casino. Just like in the case of Futurobet, i don't think that i've ever found an online casino that was operating with altcoins exclusively, without bitcoin

yeah same here. I really appreciate Futurobet because of accepting small coins, thanks to that this is the only option I can play at casino
hero member
Activity: 2758
Merit: 617
Leading Crypto Sports Betting & Casino Platform
May 19, 2019, 12:15:41 AM
^ that was the advantage there when you are going to use Bitcoin in gambling, the price is expensive in Bitcoin and for sure it will be doubled your capital once you have won. Although Altcoins are good too I also prefer to use Bitcoin during in my gambling because doesn't need to trade other coins when I am going to convert fiat(dollars). Well, our choices will depend on us which we are comfortable to use in gambling even how much the fee if you are willing to gamble you can deposit even the fees are quite high.

It depends upon individual liking and disliking, if he is willing to play with btc even in the times of increased bitcoin prices. Although if the bitcoin price is increased, you will risk more money in gambling with same amount of btc which also mean that in case you win, you will be awarded more. 
hero member
Activity: 2590
Merit: 644
May 18, 2019, 04:11:37 AM
^ that was the advantage there when you are going to use Bitcoin in gambling, the price is expensive in Bitcoin and for sure it will be doubled your capital once you have won. Although Altcoins are good too I also prefer to use Bitcoin during in my gambling because doesn't need to trade other coins when I am going to convert fiat(dollars). Well, our choices will depend on us which we are comfortable to use in gambling even how much the fee if you are willing to gamble you can deposit even the fees are quite high.
full member
Activity: 1638
Merit: 122
May 18, 2019, 02:41:52 AM
I prefer to use to bitcoin when it comes to gambling rather than altcoins because for me altcoins are very risky to hold not just like bitcoin while you are holding at the same time just like investing on it. You can gamble with a single sats that you want if what the minimum required on a gambling site. However, if I have no choice but I have altcoins then it's better to use it than nothing.
When the fees are quite high for bitcoin, I'm choosing an altcoin like litecoin and doge to save fees and that's what I do when I gamble.
That kind of reasoning, I think it's opposite. You are saying that altcoins are very risky to hold but you are not going to hold, you are going to gamble with that specific altcoin you have.

The gambler has chosen Litecoin and dogecoin because both coins have a fast transaction confirming and the fee is not too big depends on bitcoin. Besides that, when you use dogecoin, and you have 10k amoung of dogecoin, you can use it for playing gambling for more than 3 days because that is what I did with my dogecoin. Usually, I only spend less than 1000 dogecoin to bet in a dice game, and I keep the rest on the website because that will easier for me to play in the next days. I don't have to send it again from the first wallet to the account wallet in the gambling website.

Good for you because you guys like altcoins and yes altcoins have a less fees plus faster transacting time  , this is good for a person that is on a tight budget but loves to enjoy playing online gambling  . While for me i only prefer bitcoin because im not really conscious about the excess fees and besides i can still recover those fees pretty easy if ever i won because bitcoin has an expensive value and you can easily double your profit if you win   .
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
May 18, 2019, 02:15:18 AM
Altcoins are good to use in gambling because of the lowest fee they have, not just like Bitcoin it contents a high fee when you have a transaction there. Well, that's right Litecoin and Dogecoin are the best option when you are transferring the fund from your wallet or from a wallet into your gambling account. However, all of these maybe varies the fee on the market price movement, there's a time that it will increase the fee of altcoins you are going to use. Indeed, it depends on the situation you had.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 17, 2019, 09:47:29 PM
I prefer to use to bitcoin when it comes to gambling rather than altcoins because for me altcoins are very risky to hold not just like bitcoin while you are holding at the same time just like investing on it. You can gamble with a single sats that you want if what the minimum required on a gambling site. However, if I have no choice but I have altcoins then it's better to use it than nothing.
When the fees are quite high for bitcoin, I'm choosing an altcoin like litecoin and doge to save fees and that's what I do when I gamble.
That kind of reasoning, I think it's opposite. You are saying that altcoins are very risky to hold but you are not going to hold, you are going to gamble with that specific altcoin you have.

The gambler has chosen Litecoin and dogecoin because both coins have a fast transaction confirming and the fee is not too big depends on bitcoin. Besides that, when you use dogecoin, and you have 10k amoung of dogecoin, you can use it for playing gambling for more than 3 days because that is what I did with my dogecoin. Usually, I only spend less than 1000 dogecoin to bet in a dice game, and I keep the rest on the website because that will easier for me to play in the next days. I don't have to send it again from the first wallet to the account wallet in the gambling website.
hero member
Activity: 1190
Merit: 504
May 17, 2019, 09:36:08 PM
I prefer to use to bitcoin when it comes to gambling rather than altcoins because for me altcoins are very risky to hold not just like bitcoin while you are holding at the same time just like investing on it. You can gamble with a single sats that you want if what the minimum required on a gambling site. However, if I have no choice but I have altcoins then it's better to use it than nothing.
When the fees are quite high for bitcoin, I'm choosing an altcoin like litecoin and doge to save fees and that's what I do when I gamble.
That kind of reasoning, I think it's opposite. You are saying that altcoins are very risky to hold but you are not going to hold, you are going to gamble with that specific altcoin you have.
hero member
Activity: 3038
Merit: 617
May 17, 2019, 01:39:29 PM
You can invest any type of currency in gambling and the result will based on your investment if you are invested they good altcoin then then it will definitely returns to you with good profit that is the simple theory here available for you.

Only play with currency which is worthless or else you may play with best and end up in losing that in bets and thus you also miss that money making opportunity which will happen during bull run. So understand that accordingly one should play .

No betting sites would allow coins without value to be played, it would be wasteful. House wants to make money in fact they are always making money and not the players. They surely prefer BTC but then there are more coins today which has value and easy to play with like EOS and TRX which OP didn't include in the poll. Right now, my first choice is EOS. TRX has lots of gambling dapps but might not be my preferred one.
sr. member
Activity: 1512
Merit: 316
May 17, 2019, 01:28:02 PM
You can invest any type of currency in gambling and the result will based on your investment if you are invested they good altcoin then then it will definitely returns to you with good profit that is the simple theory here available for you.

Only play with currency which is worthless or else you may play with best and end up in losing that in bets and thus you also miss that money making opportunity which will happen during bull run. So understand that accordingly one should play .
full member
Activity: 938
Merit: 105
May 17, 2019, 12:19:45 PM
If that certain coin is acceptable then why not? We only take the used of altcoins in the market in trading but if it will be accepted in gambling the we have to enjoy it.
But mostly gambling sites accepted only those valuable coins in the market and so dead/shit coins will be just rejected and thrown into the garbage bins. T

some potential altcoins have been implemented by most gambling sites, the goal is for gambling players to enjoy the game and be able to choose the type of coins that will be at stake in it. in addition, altcoin can be a complement to several existing gambling sites, even some gamblers prefer to make withdrawals using altcoin because the costs incurred are cheaper than using withdrawals with bitcoin.
This is right, and one of the best altcoin to use when it comes withdrawal is Dogecoin, I choose Dogecoin because it has a low value of the transaction fee. Altcoins are usually preferred by the other gamblers, they know that aside on having a low-cost transaction fee it has a good value in the market a very volatile coin. I like those gambling sites that having exchange crypto coin if you have bitcoin but you like altcoin you can easily to exchange.
full member
Activity: 966
Merit: 111
May 17, 2019, 12:13:41 PM

some potential altcoins have been implemented by most gambling sites, the goal is for gambling players to enjoy the game

I really agree with this. It's true that with altcoin gambling will certainly cost less if you use doge for example. With that, you will enjoy gambling games, because if you use bitcoin it is true that every game might be big and gambling is withdrawal. It's better to use altcoin so the game can be longer and of course we will enjoy every gambling game.
sr. member
Activity: 1792
Merit: 264
May 17, 2019, 10:44:50 AM
If that certain coin is acceptable then why not? We only take the used of altcoins in the market in trading but if it will be accepted in gambling the we have to enjoy it.
But mostly gambling sites accepted only those valuable coins in the market and so dead/shit coins will be just rejected and thrown into the garbage bins. T

some potential altcoins have been implemented by most gambling sites, the goal is for gambling players to enjoy the game and be able to choose the type of coins that will be at stake in it. in addition, altcoin can be a complement to several existing gambling sites, even some gamblers prefer to make withdrawals using altcoin because the costs incurred are cheaper than using withdrawals with bitcoin.
hero member
Activity: 2926
Merit: 636
May 15, 2019, 11:49:36 PM
I prefer to use to bitcoin when it comes to gambling rather than altcoins because for me altcoins are very risky to hold not just like bitcoin while you are holding at the same time just like investing on it. You can gamble with a single sats that you want if what the minimum required on a gambling site. However, if I have no choice but I have altcoins then it's better to use it than nothing.
When I am gambling, I don't think of holding, I have separate funds for gambling and investing.
Bitcoin this time at the bullish market is not good for gambling, you need to pay a higher transaction fee, good for you if you bet big amount, but if not, better use altcoins like doge, it's cheaper.
full member
Activity: 798
Merit: 109
https://bmy.guide
May 15, 2019, 10:56:00 PM
I prefer to use to bitcoin when it comes to gambling rather than altcoins because for me altcoins are very risky to hold not just like bitcoin while you are holding at the same time just like investing on it. You can gamble with a single sats that you want if what the minimum required on a gambling site. However, if I have no choice but I have altcoins then it's better to use it than nothing.
sr. member
Activity: 2828
Merit: 344
win lambo...
May 15, 2019, 06:43:12 PM
If that certain coin is acceptable then why not? We only take the used of altcoins in the market in trading but if it will be accepted in gambling the we have to enjoy it.
But mostly gambling sites accepted only those valuable coins in the market and so dead/shit coins will be just rejected and thrown into the garbage bins. T
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