I miss the old OnChain gambling - page 2.

Wind_FURY

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Quote from: illetyus on June 12, 2022, 02:18:24 PM

I guess it's still possible to gamble on the chain. There were many casinos running on the Tron network. It makes it possible to play fair game on smart contracts.

However, people find it more convenient to play in licensed and popular casinos.

They truly run onchain without the requirement to make an account with the casino? Everything is sent and received to your wallet? That's good, but from a technical perspective, TRON has made trade-offs in the Blockchain Trilemma for more scalability, but the network becomes more centralized.

The Blockchain Trilemma, https://www.ledger.com/academy/what-is-the-blockchain-trilemma

Saint-loup

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Quote from: seoincorporation on May 08, 2022, 02:23:24 PM

Onchain gambling is gone, it was one of the first ways to gamble our bitcoins... The casinos used to be totally anonymous, to the point where you don't have to create an account on the casino to place a bet. And that was what I call freedom.

When I join to this crypto world in 2014, there use to be 2 casinos with this feature, their name was Lucky bit and Satoshi Bones. And their games have a unique address where you can send your coins and get back to the bet result to the address where the bet comes from. That was how they didn't ask for an account to place a bet.

Those engines were provably fair, and the max wins were up to 100BTC in lucky bit (in that time BTC was at $500 approx) but still huge.

The new casinos are crazy with their KYC rules and customer support. They hold users' money as if they were the owners of the money, and you can find all the same slots games bringing a lack of original and probably fair games.

Maybe regulation brings us to the current situation, but in the past was funnier, fair, and legit. And that's why I miss the old onchain gambling.

Do you remember those old casinos, and what are your thoughts about the current gaming sites compared with the old ones?

I agree with you, and I would add they lock customer funds and scam them if they win too much(they don't bother when they lose their money at them). But it seems the freebitcoin and Dplay teams are trying a new fully decentralized and non custodial casino where all will be done onchain, thanks to xfun.

illetyus

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I guess it's still possible to gamble on the chain. There were many casinos running on the Tron network. It makes it possible to play fair game on smart contracts.
However, people find it more convenient to play in licensed and popular casinos.

mak013

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Quote from: TimeTeller on May 16, 2022, 02:37:17 PM

And with the current situation in gambling, players are more comfortable in centralized casinos.
It seems that they are not attracted with the onchain gambling these days.
There are benefits with onchain but in this today's situation, I don't think they will patronize onchain.
There are features in centralized casinos that gamblers want, even if some of them are asking kyc.
Maybe, because they are trusting these casinos because most of them have licensed to operate.
At least, an organization is looking after them, even if we say, very rare occasion that you truly see a casino sued by a player.

I don`t sure that it is so. The DeFi support by the common users grows up everyday. And the same situation in the gambling. The classic casinos will lose clients or they need to include some features that makes possible to choose what do you prefer - old style or modern.
I think that if we can compare percent of gamblers in classic casino now and a year later - it will grow down.

VanityWallets2015

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I think I like more the provably fair casinos because even though it is not on chain gambling it is still fair and you can verify the bets on your own and unlike onchain gambling provably fair games have different variants such as roulette, dice, slots and manymore games.

asyakashi

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Just.bet - Decentralized On-chain Casino

I'm a new casino player, but judging from what you said it seems like onechain is the fairest gambling site and has nothing to do with today's gambling. Come to think of it, I think I would be very happy if I ever played there, unfortunately I was not active in the gambling community at that time. What you say about casinos now is true, some of them even cheat with the system, but what they highlight is also quite interesting with abundant prize events.

uneng

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Quote from: mak013 on May 16, 2022, 01:40:29 PM

Quote from: stomachgrowls on May 13, 2022, 03:22:05 PM

Quote from: mak013 on May 13, 2022, 07:55:41 AM

The world is changing and you have to change to, if don`t want to be the last. I join crypto world in 2016, but even for this time it was a huge quantity of changes in this world. New cryptocurrencies, new rules, masternodes, DeFi, NFT. There were just several places that need KYC. But everything changes and a businessman has to change his projects to match the current time. This gives us new opportunities, so i willn`t try to remember how it was 5-10 years ago.

Changes and innovation is something inevitable and for an industry like Gambling then it is really that understandable that they would really be needing out adjustments or making something new

which hadnt been existed on the market on where they would really be the first on giving out into the community or offering its service because once its been recognized then it would

really be in resulting for having that attention that they might able to pull it off which would really be good for the business.

Sometimes it not only good for business, in some situations "My dear, here we must run as fast as we can, just to stay in place. And if you wish to go anywhere you must run twice as fast as that."(c) Lewis Carroll.
If you don`t want to lose gamblers you have to involve new decisions that will make gambling easier and more attractive for gamblers. In other ways they will just change casino.

Changes in crypto universe are happening all the time and that is an undeniable fact, however people should be careful to not change too much in a point they are going to reach the same place they were trying to avoid and run far away from a long time ago... If crypto changes too much, it won't have a reason to exist anymore, because it will be the same or part of the traditional financial system which forbids people from freely transacting online, especially at the gambling scene. The fact is that the old good days of crypto universe are gone. They are just memories and nostalgia on the minds of few who were lucky or blessed to be in the right place at the right time.

Wind_FURY

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Quote from: TimeTeller on May 16, 2022, 02:37:17 PM

Quote from: mak013 on May 16, 2022, 01:40:29 PM

Quote from: stomachgrowls on May 13, 2022, 03:22:05 PM

Quote from: mak013 on May 13, 2022, 07:55:41 AM

The world is changing and you have to change to, if don`t want to be the last. I join crypto world in 2016, but even for this time it was a huge quantity of changes in this world. New cryptocurrencies, new rules, masternodes, DeFi, NFT. There were just several places that need KYC. But everything changes and a businessman has to change his projects to match the current time. This gives us new opportunities, so i willn`t try to remember how it was 5-10 years ago.

Changes and innovation is something inevitable and for an industry like Gambling then it is really that understandable that they would really be needing out adjustments or making something new

which hadnt been existed on the market on where they would really be the first on giving out into the community or offering its service because once its been recognized then it would

really be in resulting for having that attention that they might able to pull it off which would really be good for the business.

Sometimes it not only good for business, in some situations "My dear, here we must run as fast as we can, just to stay in place. And if you wish to go anywhere you must run twice as fast as that."(c) Lewis Carroll.
If you don`t want to lose gamblers you have to involve new decisions that will make gambling easier and more attractive for gamblers. In other ways they will just change casino.

And with the current situation in gambling, players are more comfortable in centralized casinos.
It seems that they are not attracted with the onchain gambling these days.

There are benefits with onchain but in this today's situation, I don't think they will patronize onchain. There are features in centralized casinos that gamblers want, even if some of them are asking kyc. Maybe, because they are trusting these casinos because most of them have licensed to operate.

At least, an organization is looking after them, even if we say, very rare occasion that you truly see a casino sued by a player.

It's because the current regulatory system is "easy" enough for the casinos to work with, and the requirements are moderate enough for users. For now. But an industry under the "indirect control" of a cabal through the "regulators" can be manipulated to tighten their requirements. If tight enough during the time of onchain casinos, I believe the trade-offs being offered might become more attractive for the users.

Erdogan

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Quote from: TimeTeller on May 16, 2022, 02:37:17 PM

Quote from: mak013 on May 16, 2022, 01:40:29 PM

Quote from: stomachgrowls on May 13, 2022, 03:22:05 PM

Quote from: mak013 on May 13, 2022, 07:55:41 AM

The world is changing and you have to change to, if don`t want to be the last. I join crypto world in 2016, but even for this time it was a huge quantity of changes in this world. New cryptocurrencies, new rules, masternodes, DeFi, NFT. There were just several places that need KYC. But everything changes and a businessman has to change his projects to match the current time. This gives us new opportunities, so i willn`t try to remember how it was 5-10 years ago.

Changes and innovation is something inevitable and for an industry like Gambling then it is really that understandable that they would really be needing out adjustments or making something new

which hadnt been existed on the market on where they would really be the first on giving out into the community or offering its service because once its been recognized then it would

really be in resulting for having that attention that they might able to pull it off which would really be good for the business.

Sometimes it not only good for business, in some situations "My dear, here we must run as fast as we can, just to stay in place. And if you wish to go anywhere you must run twice as fast as that."(c) Lewis Carroll.
If you don`t want to lose gamblers you have to involve new decisions that will make gambling easier and more attractive for gamblers. In other ways they will just change casino.

And with the current situation in gambling, players are more comfortable in centralized casinos.
It seems that they are not attracted with the onchain gambling these days.
There are benefits with onchain but in this today's situation, I don't think they will patronize onchain.
There are features in centralized casinos that gamblers want, even if some of them are asking kyc.
Maybe, because they are trusting these casinos because most of them have licensed to operate.
At least, an organization is looking after them, even if we say, very rare occasion that you truly see a casino sued by a player.

It is possible that people new to the world of cryptocurrencies prefer to play in centralized casinos, due to their regulation through the possession of a license. However, let's not forget that anonymity was initially the main advantage of cryptocurrencies. In my opinion, still a very large proportion of cryptocurrency users prefer casinos without KYC verification. The fact that there is a choice gives more possibilities and everyone can choose what suits them better. Anyway for me, anonymity is still the most important argument, and risk is simply part of that.

TimeTeller

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Quote from: mak013 on May 16, 2022, 01:40:29 PM

Quote from: stomachgrowls on May 13, 2022, 03:22:05 PM

Quote from: mak013 on May 13, 2022, 07:55:41 AM

The world is changing and you have to change to, if don`t want to be the last. I join crypto world in 2016, but even for this time it was a huge quantity of changes in this world. New cryptocurrencies, new rules, masternodes, DeFi, NFT. There were just several places that need KYC. But everything changes and a businessman has to change his projects to match the current time. This gives us new opportunities, so i willn`t try to remember how it was 5-10 years ago.

Changes and innovation is something inevitable and for an industry like Gambling then it is really that understandable that they would really be needing out adjustments or making something new

which hadnt been existed on the market on where they would really be the first on giving out into the community or offering its service because once its been recognized then it would

really be in resulting for having that attention that they might able to pull it off which would really be good for the business.

Sometimes it not only good for business, in some situations "My dear, here we must run as fast as we can, just to stay in place. And if you wish to go anywhere you must run twice as fast as that."(c) Lewis Carroll.
If you don`t want to lose gamblers you have to involve new decisions that will make gambling easier and more attractive for gamblers. In other ways they will just change casino.

And with the current situation in gambling, players are more comfortable in centralized casinos.
It seems that they are not attracted with the onchain gambling these days.
There are benefits with onchain but in this today's situation, I don't think they will patronize onchain.
There are features in centralized casinos that gamblers want, even if some of them are asking kyc.
Maybe, because they are trusting these casinos because most of them have licensed to operate.
At least, an organization is looking after them, even if we say, very rare occasion that you truly see a casino sued by a player.

mak013

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Activity: 2548

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Quote from: stomachgrowls on May 13, 2022, 03:22:05 PM

Quote from: mak013 on May 13, 2022, 07:55:41 AM

The world is changing and you have to change to, if don`t want to be the last. I join crypto world in 2016, but even for this time it was a huge quantity of changes in this world. New cryptocurrencies, new rules, masternodes, DeFi, NFT. There were just several places that need KYC. But everything changes and a businessman has to change his projects to match the current time. This gives us new opportunities, so i willn`t try to remember how it was 5-10 years ago.

Changes and innovation is something inevitable and for an industry like Gambling then it is really that understandable that they would really be needing out adjustments or making something new

which hadnt been existed on the market on where they would really be the first on giving out into the community or offering its service because once its been recognized then it would

really be in resulting for having that attention that they might able to pull it off which would really be good for the business.

Sometimes it not only good for business, in some situations "My dear, here we must run as fast as we can, just to stay in place. And if you wish to go anywhere you must run twice as fast as that."(c) Lewis Carroll.
If you don`t want to lose gamblers you have to involve new decisions that will make gambling easier and more attractive for gamblers. In other ways they will just change casino.

Wind_FURY

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Quote from: stomachgrowls on May 14, 2022, 02:27:26 PM

Quote from: Peanutswar on May 14, 2022, 12:40:47 AM

I play some of the gambling casino before but i didn't catch up the oldest one well but still this is good because we can see the improvement of the platform recently they have a smoother platform and animations with their user and also the security added a new layer for the safety of their players too. Recently now people would like to keep themselves anonymously but of course if there's an issue the platform required the user for this.

You dont have any idea on what onchain game do you? What platform you do say that they become even more smoother and does have improvement.?

We couldnt see any onchain gambling sites as of today basing up with my awareness but if there are then i might have missed that.

Usually on chain betting platforms doesnt really get too much interest due to duration of each game that it would be doing.

Plus onchain betting/gambling/casinos wouldn't be very practical if they were still alive because the block are full which also causes higher onchain transaction fees.

Quote

Yes, its safe since its chain transactions but some been saying that it does have high edge which is something that we dont really like.

It would be a trade-off in my opinion. If you want a high limit, non-KYC casino, with "no questions asked" withdrawals, then prepare to pay the price.

SamboNZ

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Quote from: noormcs5 on May 14, 2022, 02:43:46 PM

Quote from: panjul07 on May 14, 2022, 02:29:24 PM

When it comes to on chain gambling, site's names that comes to my mind is directbet with its sports betting and luckybit with its plinko game.

I believe On Chain gambling is history now.

I still missed that sports betting site named directbet. That was the easiest and most trusted sports betting site i had ever seen. I wonder why after its departure, no one courage to make the betting site on a similar code.

I think they have another project that they want to focus on and they can make a similar code but the problem is most of the blockchain are experiencing high transactions and it will congest the network and people will be pissed about it if their bets doesnt get graded instantly.

noormcs5

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Quote from: panjul07 on May 14, 2022, 02:29:24 PM

When it comes to on chain gambling, site's names that comes to my mind is directbet with its sports betting and luckybit with its plinko game.

I believe On Chain gambling is history now.

I still missed that sports betting site named directbet. That was the easiest and most trusted sports betting site i had ever seen. I wonder why after its departure, no one courage to make the betting site on a similar code.

panjul07

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Quote from: BitcoinAccepted on May 13, 2022, 08:54:15 PM

Quote from: PX-Z on May 13, 2022, 04:46:45 PM

I still found such kind of game here, actually i found them often here now, although its not about bitcoin only but other crypto with faster confirmation. The issue on this kind of gambling is not the provably fair its the reputation of the website compare to those licensed one. I found them too suspicious and too risky actually.

I played before on gambling site that is like that I think it was TRX network related gambling site, I am not sure but I think the game is rigged as I have played the dice game with 80% chance of winning but lose 8-9 streak consecutively. Although it is possible but I think something is not right on the site, or I am just unlucky. I forgot the name of the site.

The benefit of on chain gambling game is about its fairness as it should be able to be verified easily.
You cant judge a game is rigged just because you have losing streak in the game, as it happen really often in provably fair games of reputable casinos.
When it comes to on chain gambling, site's names that comes to my mind is directbet with its sports betting and luckybit with its plinko game.
They were the best on chain gambling site years back but unfortunately they stopped the services.

stomachgrowls

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Quote from: Peanutswar on May 14, 2022, 12:40:47 AM

I play some of the gambling casino before but i didn't catch up the oldest one well but still this is good because we can see the improvement of the platform recently they have a smoother platform and animations with their user and also the security added a new layer for the safety of their players too. Recently now people would like to keep themselves anonymously but of course if there's an issue the platform required the user for this.

You dont have any idea on what onchain game do you? What platform you do say that they become even more smoother and does have improvement.?

We couldnt see any onchain gambling sites as of today basing up with my awareness but if there are then i might have missed that.
Usually on chain betting platforms doesnt really get too much interest due to duration of each game that it would be doing.
Yes, its safe since its chain transactions but some been saying that it does have high edge which is something that we dont really like.

SamboNZ

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I also like the onchain games as it could be easily verifiable but since it proved that every network will get clogged up with transactions its not a good option, i think lucky.bit also faced this problem before and they have to halt the operation since most of the bets were not being processed and people were getting mad and blaming the website and they can't do anything about it since its in the btc chain.

Peanutswar

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I play some of the gambling casino before but i didn't catch up the oldest one well but still this is good because we can see the improvement of the platform recently they have a smoother platform and animations with their user and also the security added a new layer for the safety of their players too. Recently now people would like to keep themselves anonymously but of course if there's an issue the platform required the user for this.

BitcoinAccepted

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Quote from: PX-Z on May 13, 2022, 04:46:45 PM

I still found such kind of game here, actually i found them often here now, although its not about bitcoin only but other crypto with faster confirmation. The issue on this kind of gambling is not the provably fair its the reputation of the website compare to those licensed one. I found them too suspicious and too risky actually.

I played before on gambling site that is like that I think it was TRX network related gambling site, I am not sure but I think the game is rigged as I have played the dice game with 80% chance of winning but lose 8-9 streak consecutively. Although it is possible but I think something is not right on the site, or I am just unlucky. I forgot the name of the site.

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Quote from: Saisher on May 13, 2022, 06:04:19 PM

Quote from: Maus0728 on May 12, 2022, 03:54:29 PM

Quote from: Kakmakr on May 12, 2022, 06:20:48 AM

One of the advantages of on-chain gambling is the fact that bets that were placed on the Blockchain, cannot be "deleted" by the casino. We have seen some casinos "hiding" traces of bet manipulation by simply removing an entry (bet slip or bet ID from their internal database, which is almost impossible with on-chain betting.)

So every bet made are being placed on the Blockchain, which makes this a trust-less, immutable and unbreakable system. Wink

(Well, some miners have found ways to reverse bets and that lead to the closure of some sites.) Tongue

those on the blockchain bets often had the same issues with hackers and abusers since they require to be service opensource games as well. Hence, not everyone would really dare to take that risk when the current gambling is already secured and entertaining enough. Onchain gaming can be an innovation, but when such innovation tends to be a risk, it is better to use the normal platforms and make it as entertaining and secured as it can. Transparency isn't always the winner in gambling.

In the first place, they will not go obsolete if they are not abused and there were no flaws in their system but there were flaws and the current model proves to be a better one, secure for both gamblers and the admins, the one thing that we don't like is the KYC, KYC should be based on the trustworthiness of the casino, if the casino is reputable I'm ok with KYC as long as it meant to verify abuse or double account.

We wont really be bothered if a certain gambling site would be asking some KYC and as long its known and reputable then we wont really be hesitating in doing so but we do see
that only a few casinos do really impose such thing and the rest arent still asking any verification or simply KYC because its been a number one kind of thing which the community
do really hate up the most and we do much prefer on playing as much as we could and thats why we do really have lots of options which we could choose on.

Topic: I miss the old OnChain gambling - page 2. (Read 882 times)