I miss the old OnChain gambling - page 3.

Saisher

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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.

TimeTeller

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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.

There's a new thread - https://bitcointalk.org/index.php?topic=5398548.0?
I do agree that with on-chain, it is the reputation itself of the site matters.
And how easy it would be to ask for assistance if you got any problem.
It says from the thread, you can contact them 24/7, but can they really assist their players?

PX-Z

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pxzone.online

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.

paxmao

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Quote from: TimeTeller on May 08, 2022, 02:47:21 PM

I have encountered that type of casino but I believe, that kind of gambling will not be a hit anymore in today's situation.
For one, because there are so many scammers, we don't know if the operator will be honest with their operations.
Also, if you are not creating your account, it is hard to prove that you are the owner if you happen not to screenshot your games or save your address/keys.
With centralized gambling sites, you have the chance to recover your account if you forgot your password as you can contact their support.
People nowadays prefer centralized as they have more confident that if something goes wrong, they can always contact the site or other people to help them out of the situation.

I can align well with people who liked the online gambling. My personal view, and that is open for discussion, is that some of the games there were not strictly on the bitcoin chain, but rather on the Ethereum platform. I would not exactly class krytokitties as a gambling platform as such, but it does look like an speculation platform and made the network both consolidate and show as well the limits.

stomachgrowls

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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.

mak013

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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.

BlackBaron

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Quote from: VanityWallets2015 on May 13, 2022, 01:26:08 AM

I get it now. But how about the provably fair games? can they be altered or deleted too? as they are not in the blockchain but only using a provably fair algorithm? It looks like the OnChain games are much better than the current ones we have but they only have limited games unlike table games and slots.

Because casino game betting has traces of transactions it's hard to manipulate (possibly) but we can't be sure it's valid information. So because of the limitations of games at the OnChain casino, gamblers are also bored and want changes to other gambling games, so the current development of casinos is better than OnChain.

erep

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Quote from: Don Pedro Dinero on May 13, 2022, 01:00:28 AM

In general we humans tend to think that the past was better. In this case I think it also adds that when bitcoin and the crypto space were created there was less regulation and it was a bit more like the wild west. I also think that a large part of the gambling that operated under the table before 2010 switched to gambling with cryptocurrencies, as I mentioned recently in meta.

In any case, we are in the situation we are in, and although having a bit of nostalgia is very human, we have to adapt to the present situation.

We have to adapt to the development of gambling platforms because they will renovate the interface according to the needs of the current users and offer the latest features for the new gambling games, so it doesn't matter if one wants to reminisce on the old version of the casino but actually it's not really interesting if played on advanced technology era.

VanityWallets2015

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

Quote from: VanityWallets2015 on May 12, 2022, 12:57:23 AM

I got curious with this OnChain gambling, what is the difference between this game and the provably fair games? In most casinos the games they have are originals and those games are provably fair wasn't that OnChain gambling? I get a little confused about this types of gambling.

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

I get it now. But how about the provably fair games? can they be altered or deleted too? as they are not in the blockchain but only using a provably fair algorithm? It looks like the OnChain games are much better than the current ones we have but they only have limited games unlike table games and slots.

mindrust

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Quote from: OgNasty on May 08, 2022, 03:01:47 PM

I used to use directbet.eu and it was the single best gambling experience of my life. It was a shame that it was taken down due to attacks against that style of taking bets as a result of high transaction fees allowing users to place bets that would never confirm both ways, and then double spending the losing bet while confirming the winning bet with higher fee transactions. It’s a shame that this method of gambling was attacked and abandoned before it could be developed further. This is exactly the sort of thing that I point to as an example of why Bitcoin has actually lost use cases over the years instead of gaining them. We’re ironically centralizing ourselves as a community as frequently as we can. I don’t blame casinos though, nobody wants to risk having you business bankrupted by the downfalls of the Bitcoin network.

directbet.eu was the best casino ever for me.

Everything was automated so by design, the player was never going to get scammed by the casino. Like you said, people abused their services and now there isn't any casino like this around anymore. (or maybe I don't know their existence) You didn't have to keep your coins in the casino wallet which was the most awesomest thing ever. I will forever remember this casino.

Don Pedro Dinero

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The first decentralized crypto betting platform

In general we humans tend to think that the past was better. In this case I think it also adds that when bitcoin and the crypto space were created there was less regulation and it was a bit more like the wild west. I also think that a large part of the gambling that operated under the table before 2010 switched to gambling with cryptocurrencies, as I mentioned recently in meta.

In any case, we are in the situation we are in, and although having a bit of nostalgia is very human, we have to adapt to the present situation.

Lanatsa

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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.

Plus having the hassle on making transactions often whenever you do make out some bets which is something that not really that appealing for most gamblers.They do really love to deal with instantaneous type of betting

rather than on making always some deposit on every bet you do make and considering that fees is still and expense then this isnt something to be that interesting in all possible angles.

Thats why we are really seeing that there are more to those traditionally casinos that we do have the in market with the same features.

Maus0728

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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.

wiss19

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Quote from: coin-investor on May 11, 2022, 07:47:16 AM

I like the casino now more than the old ones, I read something like this years ago, but the new model attracts more players and the casinos can serve the gambling community better, the Cryptocurrency technology has gone a long way.

We are better and we are stronger the proofs are many fiat online casinos are now moving to Crypto casinos this is where money is and this is where the large community of gamblers are.

We all have our own different kinds of tastes. Some wants old stuffs because they feel nostalgic with it but there are some like you that likes new stuff because of the reasons you said above. There are still some old sites that are operational up until today and they can be able to magnet a lot of players, like for example bitvest, primedice and bitsler.

To serve better doesn't only exist in new sites but it's a must for any site if only they want their players to stay with them. No need for a fiat casino to move in cryptos but they can just add cryptos on their supported currencies, that's it, they are now ready to accept crypto players. In fact many crypto casinos are also doing the same thing.

Kakmakr

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Quote from: VanityWallets2015 on May 12, 2022, 12:57:23 AM

I got curious with this OnChain gambling, what is the difference between this game and the provably fair games? In most casinos the games they have are originals and those games are provably fair wasn't that OnChain gambling? I get a little confused about this types of gambling.

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

Wind_FURY

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Quote from: dothebeats on May 12, 2022, 04:36:58 AM

The old times were certainly great for gamblers. Anyone who wins a lot doesn't need to send KYC, but the platform just verifies that the game that was played was fair and went completely according to the rules of the said game. Lots of original concepts on games too, and most gamblers share tricks and tips on how to win against the casino and it's just overall enjoyable. Nowadays, it's just the same rehashed version of the same games over and over again that it's hard to find original content that is fun and enjoyable.

What were those original Bitcoin casino games/apps? I believe Binary Options based on the price of Bitcoin was one such game, although I'm not sure if it was a game everyone could play onchain. But what I read/heard about that could be played onchain was a simple dice game called SatoshiDice, which could be revived in Lightning. There was another early site I heard was called AnoniBet, for sportsbetting.

dothebeats

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The old times were certainly great for gamblers. Anyone who wins a lot doesn't need to send KYC, but the platform just verifies that the game that was played was fair and went completely according to the rules of the said game. Lots of original concepts on games too, and most gamblers share tricks and tips on how to win against the casino and it's just overall enjoyable. Nowadays, it's just the same rehashed version of the same games over and over again that it's hard to find original content that is fun and enjoyable.

perla

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I hope there are still left games like that but I think the sports betting and casinos are more in demand as they offer a variety of games that the player can choose from and even if some of the games came from third party service or we cannot verify their fairness a lot of people still play on those games with really a lot of money.

Wind_FURY

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Quote from: magneto on May 11, 2022, 05:10:49 PM

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?

Completely agree.

Some on-chain casinos were goated, for instance Directbet - I remember you could literally drop tens/hundreds of BTC per bet and it's just such a smooth and classic experience.

But some others like Chain-bet just never took off despite being on chain, mostly because it was just really inconvenient to use their platform. And I certainly don't miss that.

But that's the point of DirectBet closing down their services though. They can't assure the same "smooth experience" as they did during 2012. It was before my time in Bitcoin, but I believe it was a time when the blocks were always empty, and the fees were always low. It's simply not feasible anymore, for the casino and the user.

capedbaldy

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Quote from: VanityWallets2015 on May 12, 2022, 12:57:23 AM

I got curious with this OnChain gambling, what is the difference between this game and the provably fair games? In most casinos the games they have are originals and those games are provably fair wasn't that OnChain gambling? I get a little confused about this types of gambling.

I don't know the details of Onchain gambling but they want related anonymity of all gambler's identity, decentralized gambling can be used by connecting wallet and every bet from manual transaction but now it is not effective to use because of blockchain dense transaction.

Topic: I miss the old OnChain gambling - page 3. (Read 882 times)