Gambling with Fiat or Crypto? - page 15.

onrise

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Quote from: Questat on November 19, 2019, 06:33:50 PM

Quote from: livingfree on November 19, 2019, 04:30:23 PM

Mostly, everybody is sharing the same crypto gambling journey here on how it all started and how it went.

I agree as I have not seen anyone here promoting his fiat gambling sites, maybe some of us have tried fiat gambling but I'm pretty sure we share that same experience telling that crypto gambling is better than fiat gambling.

It all depends just a case say I play with btc and lost in gambling worth 0.1 and today it may be worth around 820$ and say in future btc rises to 1200$ for 0.1 then you lose this opportunity as well of making money . So should be clever to use it .

shoreno

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i believe that the number of gambling sites that uses crypto are so much more when compare to the gambling site that uses a fiat . people that play on fiat gambling sites may find thier selve's swithcing on these gambling site that uses a crypto and of course that include's me . after i tried gambling on crypto based gambling site , i experienced to get hook on the game because i can easily deposit and withdrew which i dont experience on the gambling site that i used before which only accept fiat because they ask kyc and so many verfications which is a hassel to me .

Ucy

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Bisq is a Bitcoin Fiat Dex. Use responsibly

Fiat is definitely more convenient for people mostly to due to the huge numbers of products and services that accept fiat currencies.
But I would prefer Cryptocurrency and probably physical fiat currency for physical casinos, for the benefit of anonymity and censorship-resistant.

imstillthebest

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id go for both . why ? because im playing a gambling where crypto is not yet accepted . there are unique games here and cool features where i cannot find on a crypto based gambling that we currently have these days . on the other hand i also use a crypto and i play gambling using it as bets . both medium are good have thier advantages so i cant say if what medium are best in terms of gambling

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Quote from: Best Dreams on November 20, 2019, 02:19:51 AM

Exactly some casinos ask for KYC that's why most of the gamblers avoid spending their money in an online casino.

That's not the reason why, its really normal to see some casinos asking for KYC but then there are also casinos that don't require KYC

its the gamblers choice here, they can gamble at any casinos that they feel comfortable wit.

Quote from: Best Dreams on November 20, 2019, 02:19:51 AM

People use to play with fiat as for this they will not worry about providing your KYC mostly newly joined gamblers feel hesitation to gamble with crypto. I like both but with fiat, I feel more comfortable as in crypto people are so clever to scam you.

What I know is that fiat casinos usually requires KYC as they are regulated and the fact that you are funding your balance from you bank or any online processor, that alone can create some trail on whom the money is coming from, which in crypto its not easy to trace as transactions can be anonymous.

Best Dreams

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Quote from: Barbut on November 19, 2019, 08:16:34 AM

Quote from: hulla on November 18, 2019, 08:27:18 AM

Quote from: Barbut on November 18, 2019, 07:45:31 AM

Anyone who gambles online knows that cryptocurrencies are better and easier to use. Easy and fast deposits, same as withdrawals, there are no bothering about KYC, cards, documents, and many other things that drives us crazy!
When I started with online gambling it was a pain in the ass for me to deposit and withdraw money, with cryptocurrencies everything was so easy and simple. I will never return to fiat online gambling!

You're right about the convenience part and the fast withdraw part to be one of the basic reasons why most gamblers like crypto gambling sites but the last I checked there are still some crypto gambling sites that also bothered their site users with the KYC procedure sometimes when the players are winning.

There are, that's true, but we don't need to use them. There are good casinos that don't ask for KYC, with any cryptocurrency. Those casinos that ask for KYC are probably registered in some countries that have strong gambling regulations, it's their obligation to apply KYC if they wish to have a legitimate business.

Exactly some casinos ask for KYC that's why most of the gamblers avoid spending their money in an online casino. People use to play with fiat as for this they will not worry about providing your KYC mostly newly joined gamblers feel hesitation to gamble with crypto. I like both but with fiat, I feel more comfortable as in crypto people are so clever to scam you.

bobyhodob

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Quote from: michellee on November 19, 2019, 01:38:35 AM

Quote from: bobyhodob on November 18, 2019, 10:57:20 PM

Gambling with fiat is hard forbiden in my country Grin

if I play with crypto I feel relieved I won't end up in prison , and I feel comfortable when playing with crypto because it is not related to bank accounts that are personal data

So that makes us gambling using crypto. That happens too in my country. I glad to see that I can gamble using crypto. Although I am not a heavy gambler with using big money, using crypto can help me to prevent from using my money because I don't want to see losing in fiat. The other reason why we use crypto to play gambling is we can use the different coin for gamble so we can choose any coin which is not too expensive to gamble.

Yups agreed dude
even if I use crypto to gamble I feel a different sensation, I like not having the burden of losing my money and just playing for fun. and even I can get more profits than gambling using fiat

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Quote from: Capt00 on November 19, 2019, 07:16:13 PM

Quote from: Questat on November 19, 2019, 06:33:50 PM

Quote from: livingfree on November 19, 2019, 04:30:23 PM

Mostly, everybody is sharing the same crypto gambling journey here on how it all started and how it went.

I agree as I have not seen anyone here promoting his fiat gambling sites, maybe some of us have tried fiat gambling but I'm pretty sure we share that same experience telling that crypto gambling is better than fiat gambling.

We can tell it was better cause we are in the internet era and most likely more gamblers are preferred to play online gambling rather than offline casinos. We are already in the advancement of technology, it is good also to maximize the use of our crypto. And these gambling innovations will lead us to a better gambling experience and in our very comfortable zone.

Majority of high rollers are still using offline casinos for a reason. Some of themd doesn't feel the enjoyment in gambling online but there are plenty of people who prefer to gamble online for the sake of convenience and anonimity. We can really say that online gambling is the furure way to gamble but we can't deny the fact that offline casino still gives more enjoyment since we experience it personally. On the other hand, both of them are useful depending on the person's availability and satisfaction.

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Quote from: Questat on November 19, 2019, 06:33:50 PM

Quote from: livingfree on November 19, 2019, 04:30:23 PM

Mostly, everybody is sharing the same crypto gambling journey here on how it all started and how it went.

I agree as I have not seen anyone here promoting his fiat gambling sites, maybe some of us have tried fiat gambling but I'm pretty sure we share that same experience telling that crypto gambling is better than fiat gambling.

The community here is much dedicated to cryptocurrency usage and associated services. This is the reason to find more and more crypto based promotions getting importance than fiat based services. In simple there will be people who are interested and finds convenient with fiat usage, but for some reason they don't reveal it.

From my personal experience I find cryptocurrency into gambling as the big thing that has made gambling easy accessible and increased the trust. Because, there will be instant settlement on winning which won't be that precise as cryptocurrency in fiat.

Capt00

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Quote from: Questat on November 19, 2019, 06:33:50 PM

Quote from: livingfree on November 19, 2019, 04:30:23 PM

Mostly, everybody is sharing the same crypto gambling journey here on how it all started and how it went.

I agree as I have not seen anyone here promoting his fiat gambling sites, maybe some of us have tried fiat gambling but I'm pretty sure we share that same experience telling that crypto gambling is better than fiat gambling.

We can tell it was better cause we are in the internet era and most likely more gamblers are preferred to play online gambling rather than offline casinos. We are already in the advancement of technology, it is good also to maximize the use of our crypto. And these gambling innovations will lead us to a better gambling experience and in our very comfortable zone.

Questat

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Quote from: livingfree on November 19, 2019, 04:30:23 PM

Mostly, everybody is sharing the same crypto gambling journey here on how it all started and how it went.

I agree as I have not seen anyone here promoting his fiat gambling sites, maybe some of us have tried fiat gambling but I'm pretty sure we share that same experience telling that crypto gambling is better than fiat gambling.

livingfree

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Quote from: posi on November 18, 2019, 05:44:34 PM

Quote from: livingfree on November 18, 2019, 04:53:13 PM

Playing fiat online is no longer a thing for me. With the huge amount of casinos right now, I don't think that I'll go back playing with a fiat casino anymore unless I visit a physical one.

Everyone is into crypto gambling because we have been introduced here.

You're right cause i was aware of crypto gambling site through this forum but i don't see any reason of using physical gambling platform since there chance of cheating is every high and there's nothing you can do about it while the community are monitoring crypto gambling site and people are unrestricted of making allegation whenever they cheat.

It's good that we have a very informative community that finds out the honesty and dishonest, the legitimacy of a casino that we use to play. As for the physical casino, I don't usually visit them frequently but if there's a chance.

Mostly, everybody is sharing the same crypto gambling journey here on how it all started and how it went.

Barbut

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Quote from: hulla on November 18, 2019, 08:27:18 AM

Quote from: Barbut on November 18, 2019, 07:45:31 AM

Anyone who gambles online knows that cryptocurrencies are better and easier to use. Easy and fast deposits, same as withdrawals, there are no bothering about KYC, cards, documents, and many other things that drives us crazy!
When I started with online gambling it was a pain in the ass for me to deposit and withdraw money, with cryptocurrencies everything was so easy and simple. I will never return to fiat online gambling!

You're right about the convenience part and the fast withdraw part to be one of the basic reasons why most gamblers like crypto gambling sites but the last I checked there are still some crypto gambling sites that also bothered their site users with the KYC procedure sometimes when the players are winning.

There are, that's true, but we don't need to use them. There are good casinos that don't ask for KYC, with any cryptocurrency. Those casinos that ask for KYC are probably registered in some countries that have strong gambling regulations, it's their obligation to apply KYC if they wish to have a legitimate business.

Twentyonepaylots

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Quote from: Questat on November 19, 2019, 02:25:33 AM

Of course gambling with crypto, most of the games I like to play is already here in crypto, it has grown a lot that it was able to compete with fiat casinos already so there is no reason for me to gamble with fiat when I can enjoy games that I like and at the same time I enjoy playing it anonymously.

Same here well I got to experience playing in a casino using fiat money and it was fun but not that much because only going to a casino consumes lots of expenses like fares in taxi, foods and etc. And add the hassle of traffic and commuting and that's not funny and after that when you actually got to casino place you will encounter crowded casino and loud noises which is irritating and will change your mood or lose the appetite to play anymore or affect your play. But after I tried online gambling using crypto currency, I hook up immediately. First I can play anywhere and everywhere even I'm at home, or different places have a smartphone and internet, and of course cryptos then in an instant you can play with relaxation and of course, get fun. And I find it more fun than gambling using fiat; also, I notice that more likely it's convenient to play using cryptos and less hassle.

judeafante

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Quote from: Abiky on November 15, 2019, 05:30:40 PM

Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.

Nonetheless, what are your thoughts? Huh

Once a big offline casino accepts every casino will follow, it will be like a domino effect, that's what happens to online casinos, we may not beat fiat in offline casinos because of the convenience of use and it's present structure, but we only need a breakthrough and that's one big network of casinos.

alisonwonder

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Quote from: Zeke_23 on November 19, 2019, 02:42:46 AM

Quote from: alisonwonder on November 19, 2019, 01:49:02 AM

of course this is about religion, some countries with the majority of these religions, they will block gambling sites. well, here's why I use bitcoin for gambling, because most of the bitcoin gambling sites don't get blocked.

I don't think that religion have something to do with the blocking of gambling sites in a certain country. It is because of the implementation of the law and country people has nothing to do but to obey orders from their government.
Some gambling site requires KYC verification to avoid getting into a mess, they prefer to abide the law of a certain country and respect it for their own good.

of course there is an influence from the religion, because the majority of religions forbid gambling and it's a sin, so naturally the government will block it. especially if in a country that has a majority of Muslim religion. same as gambling also porn all blocked.

onrise

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Quote from: bobyhodob on November 18, 2019, 10:57:20 PM

Gambling with fiat is hard forbiden in my country Grin

if I play with crypto I feel relieved I won't end up in prison , and I feel comfortable when playing with crypto because it is not related to bank accounts that are personal data

You are taking the risk as in your country it is banned then be it Fiat or crypto it won’t matter much . If once the list is take. You might get in trouble just on a precautionary note . Instead keep investing in crypto or play from a legal country where it is allowed .

rhomelmabini

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Quote from: Abiky on November 15, 2019, 05:30:40 PM

What's best for gambling online? Crypto or Fiat? As for me, I'd rather go full crypto than Fiat for many obvious reasons. Crypto may be extremely volatile, but it's anonymous (depending on the coin) and censorship-resistant. Fiat may bring convenience to people that are not tech-savvy enough to understand crypto, but it can easily be traced by worldwide governments.

Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.

Nonetheless, what are your thoughts? Huh

Your question and the latter statement seems to have a conflict, you're asking what best for gambling online yet your stand is for physical casinos and fiat you think is the finest, would it be an understatement question?

Without relying on the replies I guess the majority of the answer will favor crypto because this forum is crypto-related in a sense, no wonder with that. Honestly, I really like to gamble without exposing my identity so using cryptocurrency is the best option to do.

Zeke_23

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Quote from: alisonwonder on November 19, 2019, 01:49:02 AM

Quote from: perla on November 19, 2019, 01:14:54 AM

Quote from: alisonwonder on November 19, 2019, 12:27:07 AM

Quote from: suzanne5223 on November 18, 2019, 05:18:21 PM

Quote from: alisonwonder on November 18, 2019, 08:16:41 AM

Quote from: suzanne5223 on November 18, 2019, 08:09:45 AM

I like gambling with crypto but the last I checked the anonymous was not only the reason some people chose to use the crypto gambling site because there is still some crypto gambling site that requires KYC from their customers when huge winning or withdraws is involved and people still use them.
I think the major reason why people choose the crypto gambling site is the ease of gambling and almost instant withdraw despite the cheap transaction fee.

one of the things I like gambling to use crypto is anonymous, because if gambling using fiat in my country is too dangerous, I could go to jail. on the other hand, the ease of using crypto is very instant, like when I gamble on DirectBet. yes I do not like it, currently there are so many kyc systems in the crypto world, whereas initially I used crypto because it was anonymous.

If the purpose why you use crypto gambling site is because of the anonymity, i will advice you to know the site youre going to use very well because sport gambling site require KYC from customer at some point and the part of you going to jail because you gamble make me believe gambling is illegal in your country and if that's the case i will advice you stay away from gambling so you won't have problems with the law.

Yes, not like a few years ago, I still enjoy playing gambling without Kyc system, but after using Kyc system, I don't play gambling anymore.
but why do they have to know our identity? I'm afraid my data will leak and be reported to the authorities.

Maybe because in some countries, their people not allowed to play gambling. For example, in some gambling sites they said that people from country A, B , C , D restricted to play in their sites. Maybe with that they avoid problem that can come when people from that countries play in their sites. But actual reason, is they who know, we can only speculate in here. But for me, there are a lot of other site that not ask their users to do KYC. So i will play in that sites, for now i use Sportsbet.

of course this is about religion, some countries with the majority of these religions, they will block gambling sites. well, here's why I use bitcoin for gambling, because most of the bitcoin gambling sites don't get blocked.

I don't think that religion have something to do with the blocking of gambling sites in a certain country. It is because of the implementation of the law and country people has nothing to do but to obey orders from their government.
Some gambling site requires KYC verification to avoid getting into a mess, they prefer to abide the law of a certain country and respect it for their own good.

gabbie2010

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Personally the ease in the use of cryptos had given me the opportunity to gamble using fiat and obviously done anonymously without showing up in any gambling shop or kiosk which is usually synonymous with those who use fiat to gamble. cryptos had provide a better platform and alternative methods at which I staked or placed bets easily in my comfort, although to cash out winnings I have no other alternatives than to use exchanges which at times is cumbersome and risky partly due to untrusted ones and non availability of escrows.

Topic: Gambling with Fiat or Crypto? - page 15. (Read 3102 times)