Gambling with Monero? - page 2. | Bitcointalksearch.org

sasaku bitbit

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Activity: 518

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Quote from: equator on June 08, 2017, 04:32:44 PM

Quote from: megynacuna on June 08, 2017, 04:07:44 PM

Quote from: eternalgloom on June 08, 2017, 09:08:07 AM

Quote from: piloder on June 08, 2017, 08:43:48 AM

That will be bad idea, you should accept multiple altcoins because monero community is not quite strong right now so you may not get enough players. But along with bitcoin you can accept multiple other alts with inbuilt exchange features.

He probably only wants to offer Monero because of the anonymity aspect perhaps?

OP, I think it will definitely be difficult to attract enough players with Monero alone, I would at least add some other altcoins to the website.
Dash perhaps?

What if he attaches a mini exchange to the gambling website where whatever Altcoin or Bitcoin you have in your possession could be exchanged for monero before you place your bet ? I think that will work because unlike ShapeShift you wouldn't be charged for the conversion but the amount will be in monero equivalent as it was in your other Altcoin.

Idea is good but other coins conversion to monero and play is very big implement it will be as for that the store should be ready to use it and the conversion price should be ready to change according to the exchange price. But if you can install this service then you gambling site will become more famouse

It's best if the coin moved to monero conversion with a very big play can be implemented so that the shop should be able to menggunakanya and change it with the foreign price so you can install this service to the site more convenient and reliable gambling while playing the gambling.

vtypromo

newbie

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It would be better if people can gamble with other coins. It will bring more community to your site.

xypos

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Quote from: MrCrank on June 08, 2017, 04:08:47 AM

Hello friends,

How think if I start Gambling site use only Monero.. is this good idea or not?

Thanks.

I'm pretty sure that the actual monero core team or one of their members ahs already created monerodice. So you'll have a ton of competition from them as they generally generate pretty good gaming volumes. The url is https://monerodice.net/ just in case you want to check it out. There's also safedice which is an established company and you can invest in their bankroll. So really there is no point in creating your own.

allbitcoinprofits

newbie

Activity: 14

Merit: 0

Bitcoin is the most dominate cryptocurrency in the world. If you set up a casino using only Monero then you are seriously limiting your options. Current BTC dominance is a little over 40%.

Skarner21

hero member

Activity: 700

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Massive price drop coming...

Quote from: emberbekas on June 10, 2017, 02:54:21 AM

Quote from: MrCrank on June 08, 2017, 04:08:47 AM

Hello friends,

How think if I start Gambling site use only Monero.. is this good idea or not?

Thanks.

It's not a bad idea. It'll depend on how you treat your site. If you're able to attract more people to come to your site and make them feel at home then you have a chance to be success even though you only accept monero. Sustainable promotions can help you to achieve it!

You got the point but it will be still a bright idea if you accepting multiple crypto's than one altcoin because some gamblers honestly are lazy just to exchange their bitcoin or money into monero going to trading site just to exchange and play gambling with monero..
They will choose a site where they can easily gamble since many bitcoin gambling casino than monero.. unless if you have a unique game maybe you can attract them for promotion with bonuses to try the unique if they are wanted your game maybe you can gain more gambler to gamble in your site..

marlboroza

legendary

Activity: 1932

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OP i would suggest you to make poll with this question and run it for couple of weeks. Imho gambling site only with xmr won't be popular.

Quote from: lite on June 08, 2017, 02:28:13 PM

Quote from: Jantapw on June 08, 2017, 02:05:02 PM

Is there any site, which accepts monero as payment for gambling

Lol, i think you didn't notice the post #8. scroll up!!

I think he forget to mention fortunejack.com
You can gamble with monero, btc, dash, nmc, eth, clam, rdd, ltc, xdg & nvc.

FLoving

hero member

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Quote from: MrCrank on June 08, 2017, 04:08:47 AM

Hello friends,

How think if I start Gambling site use only Monero.. is this good idea or not?

Thanks.

in hat case the community of monero will use your casino and they will appreciate you and maybe they prefer your casino to play but for other communities it will useless who will not have monero for them you have to make the casino more interesting and will need to do high advertising for that site.

emberbekas

legendary

Activity: 1904

Merit: 1000

Quote from: MrCrank on June 08, 2017, 04:08:47 AM

Hello friends,

How think if I start Gambling site use only Monero.. is this good idea or not?

Thanks.

It's not a bad idea. It'll depend on how you treat your site. If you're able to attract more people to come to your site and make them feel at home then you have a chance to be success even though you only accept monero. Sustainable promotions can help you to achieve it!

crwth

copper member

Activity: 2940

Merit: 1280

https://linktr.ee/crwthopia

I think making a gambling site would be profitable especially if there are a lot of players. Knowingly, if they deposit some of their bitcoins to the site and just gamble it easily or just without thinking, that's where you get the money from. Players would be attracted to possible currencies and just monero won't be enough I guess.

ubercool

hero member

Activity: 1078

Merit: 504

I say go for it, as you have mentioned that your gambling site will be different from other one's and will be having the feature of gambling without registration, Monero is near to perfect for that idea. People might hesitate at first but if your gameplay is good then gamblers will try it for sure.
If you are confident enough that people will love it then go for it.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: MrCrank on June 08, 2017, 04:08:47 AM

Hello friends,

How think if I start Gambling site use only Monero.. is this good idea or not?

Thanks.

It would be a good idea if you do make more lots of coins to choose from not only on monero because there are already lots of gambling sites who do accept monero on playing to their site which means this feature isn't new anymore since people or players could able to play by using it but still a good option though rather than on putting btc alone.

coynedterm

hero member

Activity: 882

Merit: 500

Quote from: MrCrank on June 08, 2017, 04:08:47 AM

Hello friends,

How think if I start Gambling site use only Monero.. is this good idea or not?

Thanks.

I will suggest you not for only monero but also other famous altcoins . Because currently the transaction fee
Very high for the Bitcoin ( about 0.001+ minimum fee ) and in this way we are lossing much amount of the money .
So idea of gambling with another altcoins is really cool . I mean if we can make gambling with the digibyte coin ,
Dash coin , eth , Montero , ripple , 1337, doge coin. Then the transaction fee for special last coins like doge coin will
Be about zero .
I would like to suggest you for the suggested all altcoin , you should include in your gambling site , so that will became
The reason of revolution of gambling in new way .

ufaiz50

hero member

Activity: 1666

Merit: 502

Quote from: eternalgloom on June 09, 2017, 01:15:20 PM

Quote from: megynacuna on June 08, 2017, 04:07:44 PM

Quote from: eternalgloom on June 08, 2017, 09:08:07 AM

Quote from: piloder on June 08, 2017, 08:43:48 AM

That will be bad idea, you should accept multiple altcoins because monero community is not quite strong right now so you may not get enough players. But along with bitcoin you can accept multiple other alts with inbuilt exchange features.

He probably only wants to offer Monero because of the anonymity aspect perhaps?

OP, I think it will definitely be difficult to attract enough players with Monero alone, I would at least add some other altcoins to the website.
Dash perhaps?

What if he attaches a mini exchange to the gambling website where whatever Altcoin or Bitcoin you have in your possession could be exchanged for monero before you place your bet ? I think that will work because unlike ShapeShift you wouldn't be charged for the conversion but the amount will be in monero equivalent as it was in your other Altcoin.

That could work indeed, but it's a whole different ballgame to also run an exchange aside with a casino and you'd need a way bigger investment for that.

I mean it's not impossible, Crypto-Games recently implemented an option to exchange Bitcoins and altcoins, but only after operating for a few years.

including the mini exchanger might help but that would only make it more complicated. especially without a fee convert it will only harm your site. for example if winning bets they will gain monero profit and exchange it to bitcoin without fee. it's better to add a bitcoin or another altcoin as a bet without a mini exchanger.

phr0stbyt3

hero member

Activity: 672

Merit: 500

No as many mentioned that monero community is still a developing one and I'm pretty sure your site will be a fail l.
Instead what you can do is start a bitcoin gambling site and as you see the site growing allow people to deposit the alts you like also and in this way you will already get the reputation you needed from bitcojn plus there is a chance of people wanting to gamble with alts also

mrcash02

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Quote from: MrCrank on June 09, 2017, 12:08:57 PM

Quote from: shintosai on June 09, 2017, 11:56:05 AM

Quote from: Chin Cheng on June 09, 2017, 09:41:51 AM

Quote from: MrCrank on June 08, 2017, 04:08:47 AM

How think if I start Gambling site use only Monero.. is this good idea or not?

If you are planning to do something,just do it without thinking about it twice,just think about the technical feasibility and the risk involved in running a gambling site,if you could many players then it is your win even if you roll with a single coin,but it is advisable to give the options to the users rather than going for just Monero.

that's right before starting your casino better to ask the players/gamblers since that they are the target audience there's a lots of things to consider monero is not cheap so for those pro gamblers for sure they will stick with btc instead of using alts so you should consult your target audience mate and with price swing its also needed to consider.

I understood that monero is not good for gamling.
dogecoin is cheap.
i think about adding dogecoin

The advantage by gambling with DOGE is that you can bet since very low amounts like 1 satoshi of DOGE. It's a really low amount and maybe you would like to try some strategies starting from such low amounts. Between Monero and DOGE, I would choose DOGE.

On long term it probably won't work anyway...

eternalgloom

legendary

Activity: 1792

Merit: 1283

Quote from: megynacuna on June 08, 2017, 04:07:44 PM

Quote from: eternalgloom on June 08, 2017, 09:08:07 AM

Quote from: piloder on June 08, 2017, 08:43:48 AM

That will be bad idea, you should accept multiple altcoins because monero community is not quite strong right now so you may not get enough players. But along with bitcoin you can accept multiple other alts with inbuilt exchange features.

He probably only wants to offer Monero because of the anonymity aspect perhaps?

OP, I think it will definitely be difficult to attract enough players with Monero alone, I would at least add some other altcoins to the website.
Dash perhaps?

What if he attaches a mini exchange to the gambling website where whatever Altcoin or Bitcoin you have in your possession could be exchanged for monero before you place your bet ? I think that will work because unlike ShapeShift you wouldn't be charged for the conversion but the amount will be in monero equivalent as it was in your other Altcoin.

That could work indeed, but it's a whole different ballgame to also run an exchange aside with a casino and you'd need a way bigger investment for that.

I mean it's not impossible, Crypto-Games recently implemented an option to exchange Bitcoins and altcoins, but only after operating for a few years.

MrCrank

sr. member

Activity: 1330

Merit: 258

Quote from: shintosai on June 09, 2017, 11:56:05 AM

Quote from: Chin Cheng on June 09, 2017, 09:41:51 AM

Quote from: MrCrank on June 08, 2017, 04:08:47 AM

How think if I start Gambling site use only Monero.. is this good idea or not?

If you are planning to do something,just do it without thinking about it twice,just think about the technical feasibility and the risk involved in running a gambling site,if you could many players then it is your win even if you roll with a single coin,but it is advisable to give the options to the users rather than going for just Monero.

that's right before starting your casino better to ask the players/gamblers since that they are the target audience there's a lots of things to consider monero is not cheap so for those pro gamblers for sure they will stick with btc instead of using alts so you should consult your target audience mate and with price swing its also needed to consider.

I understood that monero is not good for gamling.
dogecoin is cheap.
i think about adding dogecoin

shintosai

hero member

Activity: 756

Merit: 500

Quote from: Chin Cheng on June 09, 2017, 09:41:51 AM

Quote from: MrCrank on June 08, 2017, 04:08:47 AM

How think if I start Gambling site use only Monero.. is this good idea or not?

If you are planning to do something,just do it without thinking about it twice,just think about the technical feasibility and the risk involved in running a gambling site,if you could many players then it is your win even if you roll with a single coin,but it is advisable to give the options to the users rather than going for just Monero.

that's right before starting your casino better to ask the players/gamblers since that they are the target audience there's a lots of things to consider monero is not cheap so for those pro gamblers for sure they will stick with btc instead of using alts so you should consult your target audience mate and with price swing its also needed to consider.

maydna

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Activity: 2912

Merit: 556

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Quote from: Duzter on June 09, 2017, 05:59:29 AM

Whether it's bitcoin or altcoins, my go is sports betting. Among different games that are available I always prefer making a betting on tennis game than anything else. These days more gambling websites have started accepting more and more altcoins.

if there are any option to deposit cheap altcoin like dogecoin, then maybe i will playing gambling in that site but before i am played, i will deposit some amount to my account so i can directly start to played. i think to gambling with monero is not good for me, because the price of monero is too high and its too value to just for playing gambling games. for me, i think its better to hold monero and not used for playing gambling and i am prefer to use another altcoins which is more cheap than monero.

Betwrong

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I stand with Ukraine.

Quote from: MrCrank on June 09, 2017, 02:29:13 AM

Quote from: iluvbitcoins on June 08, 2017, 02:32:25 PM

Quote from: lite on June 08, 2017, 02:28:13 PM

Quote from: Jantapw on June 08, 2017, 02:05:02 PM

Is there any site, which accepts monero as payment for gambling

Lol, i think you didn't notice the post #8. scroll up!!

A $821,047,357 coin, doesn't have a gambling site accepting it Cheesy

https://gamblingbitcoin.com/monero-gambling-sites/

what you mean?

your link not work.. need use tor for visit site?

The link doesn't work for me either, but I can imagine what is there.

There's a list of gambling sites accepting Monero.

Here's another link which I hope will work for you: https://bigcoingambling.com/monero-gambling-sites/

So, as you can see, there are some gambling sites accepting Monero already and to attract players to your site you have to stand out not only by accepting Monero but by something else too.

Topic: Gambling with Monero? - page 2. (Read 1727 times)