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Topic: Is Bitcoin the future of online gambling? - page 18. (Read 31575 times)

hero member
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Leading Crypto Sports Betting & Casino Platform
December 11, 2016, 08:16:29 AM
Does anyone have some numbers? Like % of online gambling with fiat/bitcoin? It would be really interesting. But I would say that BITcoin can have like <5% of online gambling industry.

its not easy to make some surveys to know online gambling with fiat/bitcoin because not all people want fill the surveys and they will prefer not to answer it. especially in bitcoin, we don't know where the amount destination, is it for playing gambling or for buying some products. i think its more than 5% bitcoin is use in online gambling industry.
hero member
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December 11, 2016, 08:03:05 AM
Does anyone have some numbers? Like % of online gambling with fiat/bitcoin? It would be really interesting. But I would say that BITcoin can have like <5% of online gambling industry.
It's hard to gather some stats like these it might took a lot of time to gather each % of casinos. Also as other casino's starts accepting bitcoin in the future the numbers should increase 5% is kinda low maybe it's like 10-20%.
It is true its really hard also when you are playing at casino that will accept bitcoin to if you there going to increase the numbers into that percent it's very low actually but if they going to make the number more higher then many gamblers will be use bitcoin as they currency to start gambling.
sr. member
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Just follow the rules
December 11, 2016, 07:14:33 AM
Yes bitcoin can be the future of online gambling in the world as you can see now lot's of gambling website are famous because of bitcoin and you can easily buy and play with your bitcoin in any gambling website and take the profit instantly without anything to do every one soon will know about this.
legendary
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Shuffle.com
December 11, 2016, 07:09:01 AM
Does anyone have some numbers? Like % of online gambling with fiat/bitcoin? It would be really interesting. But I would say that BITcoin can have like <5% of online gambling industry.
It's hard to gather some stats like these it might took a lot of time to gather each % of casinos. Also as other casino's starts accepting bitcoin in the future the numbers should increase 5% is kinda low maybe it's like 10-20%.
sr. member
Activity: 294
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Oshi.io
December 11, 2016, 06:04:51 AM
Does anyone have some numbers? Like % of online gambling with fiat/bitcoin? It would be really interesting. But I would say that BITcoin can have like <5% of online gambling industry.
hero member
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Leading Crypto Sports Betting & Casino Platform
December 11, 2016, 05:32:22 AM
Bitcoin and gambling have a mutually beneficial relationship. Many new gambling sites popping up nowadays because of bitcoin and due to this fact I guess bitcoin will be used for a very long time. Bitcoin is easier to use, simple, anonymous and for sure better than fiat in conjunction with gambling activities.
This is one of the benefits that we can use. with bitcoin we can take advantage of all the features available. including the bitcoin transaction very easy. because bitcoin gambling game in the world is growing rapidly.
the most important when we use bitcoin to deposit in gambling sites , we don't have to worry about our privacy. it's totally would never ever to reveal/collect any information from you. 100% no one know who you are gambling using that account. and people love to use it , we just need more casinos to accept bitcin , especially a popular fiat casinos!
Yeah you are right. In fact, some casinos don't even require players to register account in order to play. Your identity are fully secure and protect by yourself because you do not need to provide anything to casinos except your btc addy, username and password. However, there is one disadvantage is that some casinos are actually scammers who set up fake provably settings so as to steal players money. You have to check casinos carefully before putting your money in to it
legendary
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December 11, 2016, 12:20:29 AM
Bitcoin and gambling have a mutually beneficial relationship. Many new gambling sites popping up nowadays because of bitcoin and due to this fact I guess bitcoin will be used for a very long time. Bitcoin is easier to use, simple, anonymous and for sure better than fiat in conjunction with gambling activities.
This is one of the benefits that we can use. with bitcoin we can take advantage of all the features available. including the bitcoin transaction very easy. because bitcoin gambling game in the world is growing rapidly.
the most important when we use bitcoin to deposit in gambling sites , we don't have to worry about our privacy. it's totally would never ever to reveal/collect any information from you. 100% no one know who you are gambling using that account. and people love to use it , we just need more casinos to accept bitcin , especially a popular fiat casinos!
hero member
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December 10, 2016, 11:52:58 PM
Indeed it has , most of gambling sites uses bitcoin for their anonymous purpose and couldn't be traced the transactions (unless your country banned online gambling and restricted by law')

Didn't know that only if online gambling is banned in your country, you can possibly be traced even if you use bitcoins. There's a lot of tutorials out there on how to make yourself hidden. Anyways, I don't think it's worth the effort. You don't even earn money from gambling. You can think of this is a good thing, it makes you stay away from gambling.

Slowly but sure , Bitcoin will be known as the most popular currency to bet in the online gambling sites.
It already is. Wink
hero member
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December 10, 2016, 04:46:46 AM
Indeed it has , most of gambling sites uses bitcoin for their anonymous purpose and couldn't be traced the transactions (unless your country banned online gambling and restricted by law) . And for those who wants to play instantly after deposit , Bitcoin is a good currency to offer.

Slowly but sure , Bitcoin will be known as the most popular currency to bet in the online gambling sites.
hero member
Activity: 3010
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December 10, 2016, 01:17:27 AM
Bitcoin and gambling have a mutually beneficial relationship. Many new gambling sites popping up nowadays because of bitcoin and due to this fact I guess bitcoin will be used for a very long time. Bitcoin is easier to use, simple, anonymous and for sure better than fiat in conjunction with gambling activities.
This is one of the benefits that we can use. with bitcoin we can take advantage of all the features available. including the bitcoin transaction very easy. because bitcoin gambling game in the world is growing rapidly.
I am not quite surprise about that, the fact that bitcoin has been use in different transactions online because it's fast and easy, of course gambling sites will take advantage of the benefits of using bitcoin, in that way they can attract more gamblers and it's a convenient for us gamblers since we are able to gamble not subject to violate laws.

You are riight sort of it could attract gamblers and bitcoin users that they could easily play gambling games through online and with the use of bitcoin because bitcoin is easy, anonymous and it is fast in transactions it is a matter of minute to deposit! So because of that they could violate certain laws in their own country.
Just because of bitcoin my gambling activities had increase, I cannot help it because there's not big hindrance to gamble with our bitcoin and I guess that is the benefits of using it and I strongly believe that it will be the future of online gambling as the community grows very fast. And with that good news, it also affect the economy to improve due to increase of demand of bitcoins from the the big losers.
hero member
Activity: 798
Merit: 505
December 09, 2016, 10:56:20 PM
Bitcoin and gambling have a mutually beneficial relationship. Many new gambling sites popping up nowadays because of bitcoin and due to this fact I guess bitcoin will be used for a very long time. Bitcoin is easier to use, simple, anonymous and for sure better than fiat in conjunction with gambling activities.
This is one of the benefits that we can use. with bitcoin we can take advantage of all the features available. including the bitcoin transaction very easy. because bitcoin gambling game in the world is growing rapidly.
I am not quite surprise about that, the fact that bitcoin has been use in different transactions online because it's fast and easy, of course gambling sites will take advantage of the benefits of using bitcoin, in that way they can attract more gamblers and it's a convenient for us gamblers since we are able to gamble not subject to violate laws.

You are riight sort of it could attract gamblers and bitcoin users that they could easily play gambling games through online and with the use of bitcoin because bitcoin is easy, anonymous and it is fast in transactions it is a matter of minute to deposit! So because of that they could violate certain laws in their own country.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
December 09, 2016, 10:23:10 PM
Bitcoin and gambling have a mutually beneficial relationship. Many new gambling sites popping up nowadays because of bitcoin and due to this fact I guess bitcoin will be used for a very long time. Bitcoin is easier to use, simple, anonymous and for sure better than fiat in conjunction with gambling activities.
This is one of the benefits that we can use. with bitcoin we can take advantage of all the features available. including the bitcoin transaction very easy. because bitcoin gambling game in the world is growing rapidly.
I am not quite surprise about that, the fact that bitcoin has been use in different transactions online because it's fast and easy, of course gambling sites will take advantage of the benefits of using bitcoin, in that way they can attract more gamblers and it's a convenient for us gamblers since we are able to gamble not subject to violate laws.
legendary
Activity: 1596
Merit: 1011
December 09, 2016, 08:31:25 PM
Bitcoin and gambling have a mutually beneficial relationship. Many new gambling sites popping up nowadays because of bitcoin and due to this fact I guess bitcoin will be used for a very long time. Bitcoin is easier to use, simple, anonymous and for sure better than fiat in conjunction with gambling activities.
This is one of the benefits that we can use. with bitcoin we can take advantage of all the features available. including the bitcoin transaction very easy. because bitcoin gambling game in the world is growing rapidly.
hero member
Activity: 896
Merit: 1000
December 09, 2016, 08:14:58 PM
Id say gambling and retail is a very strong probability.
tyz
legendary
Activity: 3360
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December 09, 2016, 04:00:34 PM
Agree, this is a good point. But I think the OP means that it will be much easier for gamblers to get money in and out to/of online casinos by using Bitcoin for payments. I tried fiat online gambling in the past and it was kinda horror. I had to sign up for a couple of different payment providers or providing credit cards. Today I only use Bitcoin. Quick and simple.

I dont think that bitcoin is the future of online gambling
bitcoin is the payment in the world and it can help the company for the financial system.

Yes the question should be changed. Bitcoin is not the future of gambling but rather the future of gambling waging. What we wage is bitcoin but bitcoin is not the actually gambling just the means to process is and have it run. What we gamble for chances but the game pretty much stays the same.
legendary
Activity: 1792
Merit: 1283
December 09, 2016, 04:12:49 AM
I think it is because its already use a lot right now and the most online casino's are already using It and they love it because its for them easy to manage and can also easily handled too plus its fast.
Do you have a source for that?
It's true that there are a lot of casinos that use BTC, but most of them have started out by only allowing Bitcoin.

I think that most of the traditional online casinos just don't offer Bitcoin deposits.
hero member
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20BET - Premium Casino & Sportsbook
December 09, 2016, 03:56:50 AM
BTC is the best for gambling and dark markets so.. yes Wink

lets wait for pokerstars to add it and we MOON

LOL! If pokerstars will endorse and use bitcoin for gambling that will make the industry boom for there are a lot of fans who are following them. So if they will just simply say, that use bitcoin for gambling then many of them will be able to gamble and will buy a lot of bitcoins if they told so. I believe too that bitcoin gambling is the future of online gambling.
considering pokerstars is the largest online poker cardroom in the world where a lot of high roller play there.
i believe the future of online gambling feel really near when they accept bitcoin.
a lot of rumour about this but last year they have responded that bitcoin is not on their development roadmap unfortunately.

That's sad to know that they are not the progress with bitcoin gambling. But let's just still hope that they will change their mind and suddenly get back their interest to bitcoin. I know it will happen, if they will do some research and founds out that many people are loving to use bitcoin with their gambling activities because of different privileges that we get.
hero member
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DGbet.fun - Crypto Sportsbook
December 09, 2016, 02:55:06 AM
I dont think that bitcoin is the future of online gambling
bitcoin is the payment in the world and it can help the company for the financial system.

Yes the question should be changed. Bitcoin is not the future of gambling but rather the future of gambling waging. What we wage is bitcoin but bitcoin is not the actually gambling just the means to process is and have it run. What we gamble for chances but the game pretty much stays the same.

Hmm, I believe that bitcoin will be the future of online gambling because of the demand of the gamblers that wants to hide their identity.

There are some gambling sites that does required information but most of them doesn't and this is what attracting gamblers to use bitcoin.

Because they can also bet with small amount and its transaction is way faster and cheaper.
sr. member
Activity: 294
Merit: 250
Oshi.io
December 08, 2016, 03:09:37 PM
Yes it is and it already has become apparent. Just look at all the btc casinos and gambling sites. It makes sense to use bitcoin since it is quick and easy and you don't have to fill in 100 forms and crap. It is short sweet and anonymous. Perfect for fast and furious quick gambling anywhere you are from your phone anywhere in the world, train, car, friends house wherever. The access is there and that is due to bitcoin.
Just needed any devices that can allow you to visit the website and just a click away from your btc wallet to place your bet very easy and friendly to any users who understand the system thats why its really showing more and more casino houses that offer bitcoin transaction to be use for their business.
The good thing of anonymous transaction here in my country we can play gambling online since it is not traceable and here in my country almost all gambling casino are gone and they are ban that business here so we can not gamble locally anymore.. unless if our president will change their minds..


In my country they don't directly ban casinos. They raise taxes almost every 3 or every 6 months and drastically. They, the government are surely not kidding in this area. They even started taxing people for opening online accounts in bet365 and a few other FIAT sport betting.

When I see or read such news I can only laugh about it as no one is taxing me and never will. So far in here are not that aware of bitcoin so I am safe playing and even if they become aware there is always the TOR browser to help me whenever I will need it.

Surely bitcoin is the future of gambling, not a single doubt about it.
And what about some other crypto?
hero member
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CryptoTalk.Org - Get Paid for every Post!
December 08, 2016, 12:59:25 PM
I dont think that bitcoin is the future of online gambling
bitcoin is the payment in the world and it can help the company for the financial system.

Yes the question should be changed. Bitcoin is not the future of gambling but rather the future of gambling waging. What we wage is bitcoin but bitcoin is not the actually gambling just the means to process is and have it run. What we gamble for chances but the game pretty much stays the same.
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