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Topic: Gambling with Fiat or Crypto? - page 19. (Read 3102 times)

sr. member
Activity: 2618
Merit: 439
November 16, 2019, 10:10:26 AM
#51
absolutely Crypto because for me the volatility is advantage than what others think.

we are playing with crypto without the value from USD or fiat so it means the time we purchase the crypto to use as gambling materials we dont care about how much the conversion so it means if the market pumps and we win then its more than a holding right?so its Cryptocurrency over Fiat.
member
Activity: 868
Merit: 63
November 16, 2019, 09:45:06 AM
#50
Well, after I discovered and using crypto, and as soon as I can, I use crypto for each of my transactions well because I find it convenient to use and a lot easier. And of course, I also prefer using crypto in a casino or play in online casinos that offer cryptocurrency service as payment. As a student a college student, I'm not the playing in actual casino place I hate going in a crowded place with loud noises and hassle in commuting so in short playing online casino is much better with just a device and internet connection I can play anytime and anywhere as well as relaxing along playing.
legendary
Activity: 1918
Merit: 1728
November 16, 2019, 09:43:46 AM
#49
I like to gamble with crypto more than Fiat I like to stay at home rather than go out hang out with friends or whatever.
So I find it more efficient for me to gamble in crypto since I could do it at home rather than gambling with Fiat where I need to finds some place to gamble or find a person who would bet against me.

Although there is not much difference in fact, depositing with crypto has a number of advantages. Of course, anonymity comes first. Some countries have some legal restrictions on gambling. Cryptocurrencies makes it easy to overcome.

That's very important factor to be considered. In my country, gambling is banned in 26 out of 28 provinces/states. The ban also includes online gambling excluding games which require mental work (like setting up teams, etc). In other words, it can be said only those types of gambling is allowed where winning doesn't 100% matter on the chance/luck (or wagering contracts) and require some skills to put in.
In such scenario, cryptocurrencies play a significant role. Since crypto is not regularized in my country, it is neither considered as currency, nor as asset. So we can do crypto gambling without any trouble from legal authorities.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
November 16, 2019, 08:43:36 AM
#48
I choose to gamble with crypto. I feel that when I use crypto, I don't have to afraid of the regulations or prohibition utilizing the money for gamble. Maybe we cannot use crypto in the real casino, but if the online gambling website can give a place for the gamblers, we can use crypto to gamble on the internet. Gambling industry itself grows fast today, and I see that they want to spread their business on the internet because I see that right now, much online gambling website releases and invites people to play the game. Although some of the gambling websites still use fiat, if the crypto can rise and grow, they will try to implement with the crypto so that it will give a chance to crypto to be more accessible.
legendary
Activity: 2436
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
November 16, 2019, 08:32:58 AM
#47
I don't have enough time to go outside and gamble in casinos there, so I prefer playing online and of course, using crypto for betting. I am just playing for myself, and I want no hassle when playing, so I prefer gambling at home. Because when I go on the real-world casino's the noise is too much so I can't really enjoy my game. And the other reason is if I win nobody can know, same if I lose, I just enjoy the privacy when playing on online gambling.

But if I will be going out with my friends, I will pick the real-world casinos, because that would be a lot of fun instead of all of us playing at a computer, haha. In conclusion, when I will be alone, I like it online(crypto), but when I am with my friends, I love going to physical casinos(fiat).
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
November 16, 2019, 08:30:17 AM
#46
since i am a cryptonian no doubt that i support cryptocurrency usage for gambling but lets not forget that not all areas of gambling supports crypto ..

 i mostly use cryptocurrency but also i prefer to hold so instead of taking some for gambling sometimes i intend just to use fiat so my Holdings will remain intact.

It actually depends on the gambler, some gamblers prefer fiat because they find fun and excitement when they gamble at a traditional casino but some also prefer crypto because it is easier and convenient and also they can gamble anywhere even at home. As for me, I gamble with both, there are times I go to a casino with friends to have fun but sometimes if i'm tired ill do crypto, it depends on my mood.
that's it,there are limited chance that in traditional casinos crypto will be accepted so some prefers to use fiat,but if we are talking of fully online gaming?then absolutely and 100% support in cryptocurrency using.


legendary
Activity: 2212
Merit: 1008
November 16, 2019, 08:27:23 AM
#45
For myself, crypto is the best because gambling with crypto allows us to wagering very small amounts. This is quite helpful in making strategies and experiments because we need a lot of experiments to produce the best strategy. In contrast to fiat, fiat has a fairly high minimum wagering compared to crypto and it is very ineffective.

Well maybe in physical casinos, fiat is the winner but in online casinos, in my opinion crypto is the best and casino sites that accept crypto are much better than casinos that only accept fiat.
legendary
Activity: 3346
Merit: 1214
November 16, 2019, 08:12:31 AM
#44

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
Maybe not now, but definitely it's going to happen gambling is first to adopt Cryptocurrency, online gambling sites now, tomorrow offline gambling sites, although it's very easy for online gambling casinos to adopt Cryptocurrency because it's both advantageous for gamblers and gambling operators, but gambling casinos operators offline will find a system that can easily adopt Crypto.
full member
Activity: 1316
Merit: 126
November 16, 2019, 07:47:43 AM
#43
It actually depends on the gambler, some gamblers prefer fiat because they find fun and excitement when they gamble at a traditional casino but some also prefer crypto because it is easier and convenient and also they can gamble anywhere even at home. As for me, I gamble with both, there are times I go to a casino with friends to have fun but sometimes if i'm tired ill do crypto, it depends on my mood.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
November 16, 2019, 07:36:54 AM
#42
I like to gamble with crypto more than Fiat I like to stay at home rather than go out hang out with friends or whatever.
So I find it more efficient for me to gamble in crypto since I could do it at home rather than gambling with Fiat where I need to finds some place to gamble or find a person who would bet against me.

Although there is not much difference in fact, depositing with crypto has a number of advantages. Of course, anonymity comes first. Some countries have some legal restrictions on gambling. Cryptocurrencies makes it easy to overcome.

That would be the disadvantage upon betting Fiat since there is so many restrictions and provably we will get compromise since it's so hassle to use that option, and I prefer to bet on crypto since as you said the anonymity and convenience is a great advantage since we will feel at ease upon depositing and playing.
hero member
Activity: 1582
Merit: 670
November 16, 2019, 07:12:53 AM
#41
I like to gamble with crypto more than Fiat I like to stay at home rather than go out hang out with friends or whatever.
So I find it more efficient for me to gamble in crypto since I could do it at home rather than gambling with Fiat where I need to finds some place to gamble or find a person who would bet against me.

Although there is not much difference in fact, depositing with crypto has a number of advantages. Of course, anonymity comes first. Some countries have some legal restrictions on gambling. Cryptocurrencies makes it easy to overcome.
sr. member
Activity: 994
Merit: 257
Best Bitcoin Casino www.coinsaga.com
November 16, 2019, 06:48:35 AM
#40
I like to gamble with crypto more than Fiat I like to stay at home rather than go out hang out with friends or whatever.
So I find it more efficient for me to gamble in crypto since I could do it at home rather than gambling with Fiat where I need to finds some place to gamble or find a person who would bet against me.
hero member
Activity: 3052
Merit: 685
November 16, 2019, 06:38:49 AM
#39
What's best for gambling online? Crypto or Fiat?

My answer is obviously crypto because I only gamble a lot when I know that I can use crypto when gambling.
I tried fiat gambling but there are strict requirements on reputable gambling sites but with crypto, you don't need to comply with the KYC and you also don't need to comply with the high minimum deposit as here you can do it even at $10 value or even less.

I would say that crypto provide convenient to small time gamblers and there we are talking of volume of gamblers because casinos cater small time gamblers and I am sure in the near future, crypto gambling will be the trend.
hero member
Activity: 1582
Merit: 523
November 16, 2019, 06:34:18 AM
#38
I stopped gambling but still I would always prefer to gamble with crypto over fiat, don't see any reason to go through fiat hassle.
Good thing you stop gambling, I'm in the situation also of not playing gambling. I will choose to gamble with crypto because of anonymity than fiat and not hassle in terms of deposit and withdrawal. We have options at what do we prefer when it comes to gambling as long you are at ease to do it and can give you entertainment.
hero member
Activity: 1708
Merit: 541
November 16, 2019, 05:44:07 AM
#37
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
For me, it's full crypto because gambling is illegal here lol so no way I'm risking linking my bank account with illegal gambling site. Crypto is simply more convenient because most crypto casino/sportsbook don't ask for KYC, you can simply register, deposit, and gamble. I also never been to a physical casino, can't really compare the experience about online and offline gambling.
legendary
Activity: 2338
Merit: 1084
zknodes.org
November 16, 2019, 05:23:32 AM
#36
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
I also prefer to use Crypto when playing gambling, because besides my work in the field of Crypto I always set aside a portion of funds for just gambling entertainment.

With the development of the Digital World I am sure that one day the physical casino can receive payments using Crypto, for the convenience of prospective gambling players, if they do not hold cash.
hero member
Activity: 2758
Merit: 617
Leading Crypto Sports Betting & Casino Platform
November 16, 2019, 04:37:05 AM
#35
Well, as for me, I will always choose to gamble with crypto especially when I'm using any crypto gambling platform. First, it's compatible to use crypto in online gambling. Next, my gains could be profitable when the market situation gets better. Also, there are lots of potential altcoins which are good for gambling and hold it later on when we reach our target goal.

I also prefer gambling with bitcoins and crypto. The only thing which make me to avoid using fiat online is that i feel it is not secure to give our credit card information online. Since the introduction of bitcoins, the hassle of using / registering credit card online is gone and one can free play gambling with crypto currencies.
hero member
Activity: 1120
Merit: 554
🇵🇭
November 16, 2019, 04:36:34 AM
#34
Well, as for me, I will always choose to gamble with crypto especially when I'm using any crypto gambling platform. First, it's compatible to use crypto in online gambling. Next, my gains could be profitable when the market situation gets better. Also, there are lots of potential altcoins which are good for gambling and hold it later on when we reach our target goal.
Transactions transferring fiat in online gambling were too risky as we need to connect some our bank accounts or paypal and those who accepted this method may not be legit same with using cash in physical casinos as it dangerous to hold cash, so I'll choose crypto too. Less risk as it's easy to deposit crypto depending on what alt which preferred that can cause us for small transaction fees.
sr. member
Activity: 1596
Merit: 335
November 16, 2019, 04:30:38 AM
#33
Well, as for me, I will always choose to gamble with crypto especially when I'm using any crypto gambling platform. First, it's compatible to use crypto in online gambling. Next, my gains could be profitable when the market situation gets better. Also, there are lots of potential altcoins which are good for gambling and hold it later on when we reach our target goal.
sr. member
Activity: 2492
Merit: 277
Hire Bitcointalk Camp. Manager @ r7promotions.com
November 16, 2019, 04:11:06 AM
#32
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
When we are interested in gambling online the cryptos are perfect choice not only for anonymity also for easy withdrawal compared to fiat which takes time to get receive after the tax amount deducted from total rewards.But in cryptos we can get the rewards all for us,no share to governments. Cheesy

Its not accepted in physical casino worldwide due to government restrictions but from this we can't assume fiat is the winner,maybe for now but future is dependent with online so cryptos will pick the spot.
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