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Topic: Is Bitcoin the future of online gambling? - page 29. (Read 31577 times)

member
Activity: 70
Merit: 10
Yes bitcoin is the future of online casinos. Because of its features like no need for identification, easy deposit/withdraw your funds and its fast. Thats why many people love bitcoins. Some people are annoyed with those identification procedures so they switch to bitcoin coz it has anonimity features which you can hide your identity.
hero member
Activity: 728
Merit: 500
Gambling with bitcoin has so many advantages to play on online casinos. The best part of it which I like that is privacy and security for my account on bitcoin related gambling sites. Instant payouts are making to love the gambling with bitcoin. No other currency has bigger community like bitcoin so it will be the future of gambling.
hero member
Activity: 756
Merit: 500
At this time yes, Bitcoin is the best online currency to use in gambling because it is fast , reliable and easy to use. But i am seeing some alt coins in the other thread that are create for online gambling use only. So who knows maybe someday this alt-coins will become the best for online gambling in the future.

I dont think any other currency can take place of bitcoin in the world of gambling as bitcoin is being used widely in gambling these days, not only old casinos are accepting bitcoin but also a lot of new casinos are being made with just bitcoin payment system which is making it even more used in gambling world.
hero member
Activity: 742
Merit: 500
The potential advantages of Bitcoin internet gambling include

  • lower rake than brick and mortar establishments
  • lower payment processing fees than credit cards
  • much more anonymous than credit cards
  • potential tax advantages for winners
  • much easier access for players in prohibited jurisdictions


i agree with this advantage of gambling. Bitcoin is easy to use than credit cards or any other payment method. it is direct and low transaction fee. and it is very advisable to use in gambling because the identity of the user is safe. I will rather choose bitcoin in casino gambling than paypal since they are not requiring my personal identification.. But irreversible feature maybe a disadvantage too for both player and casino user.
you can get what i mean on that part. Smiley
hero member
Activity: 826
Merit: 502
I think not. Gambling is the present of online gambling. Almost all casinos are using bitcoin. I've barely seen casinos that use Paypal/Skrill/PefectMoney funds. Bitcoin has a faster transaction and some people just require one block to mine to confirm the deposit. Also, I think bitcoin should always be used in online gambling. Let's suppose that someone win and ripped off the whole casino, if he/she is using Paypal, then the casino can scam him/her by reverting the transaction. If he's using bitcoins, they will be unable to do so.
legendary
Activity: 905
Merit: 1000
The potential advantages of Bitcoin internet gambling include

  • lower rake than brick and mortar establishments
  • lower payment processing fees than credit cards
  • much more anonymous than credit cards
  • potential tax advantages for winners
  • much easier access for players in prohibited jurisdictions
hero member
Activity: 1134
Merit: 502
At this time yes, Bitcoin is the best online currency to use in gambling because it is fast , reliable and easy to use. But i am seeing some alt coins in the other thread that are create for online gambling use only. So who knows maybe someday this alt-coins will become the best for online gambling in the future.
hero member
Activity: 770
Merit: 500
yes, becouse  it's so easy and faster

Easier faster and better. Better all round. Also cheaper or no fees and no records of your activity either. Way more private and safe.
hero member
Activity: 742
Merit: 500
Indeed Bitcoin is the future of online gambling, because we noticed already that many great casinos support it and it's easy to use with low fees comparing with fiat
hero member
Activity: 756
Merit: 501
Considering that some countries doesnt allow to gamble, and those people were searching a way to do it, bitcoin is all they wanna and wanted to let they gamble. I had hired a developer that were selling the bitcoins he won to a friend to he gambl. Soo well gambling had a big space , and bitcoin is the answer.
hero member
Activity: 756
Merit: 520

i think yes , because through btc gambling there is no taxation and anyone of any age can play the game of gambling because it is online money and online market . so i think in the future the bitcoin can be a great platform for the gambling in online market .

Yeah I also think, that bitcoin is going to be the most digital currencies used for gambling. Because the currency is bitcoin anonymous and every person using bitcoin is definitely no definite data records (except the Ip). So this allows that bitcoin is going to be the biggest online gaming platform in the world. Hopefully this does not affect the growth of the bitcoin and I hope this is not the more damage the image of the bitcoin when there are people who lose a lot of money because gambling using bitcoin
legendary
Activity: 1386
Merit: 1016

i think yes , because through btc gambling there is no taxation and anyone of any age can play the game of gambling because it is online money and online market . so i think in the future the bitcoin can be a great platform for the gambling in online market .
In my own opinion though I think yes because the acceptance of Bitcoin in online gambling is getting universal and the wallet providers are equally doing enough to make that possible. All I see as a barrier to all thast is the issue of security firewalls to be put in place to protect the investment of the population and also increase the trust we have in Bitcoin...

True. Online casinos are now accepting bitcoins which make it easier for players to deposit and cashout without any hassles..
In my case, I only use bitcoin for betting in online casinos and never use my fiat money..

Btc casino is one of the easiest way to gamble online. For example in my country, the government is very strict on gambling so we have a difficult time to use our CC for online gambling site as the bank will restrict it. However, we can easily buy btc using the btc atm and den use the btc to transfer to btc casino to gamble. In this way, it is hard to track our spending and easier to gamble.
sr. member
Activity: 756
Merit: 294

i think yes , because through btc gambling there is no taxation and anyone of any age can play the game of gambling because it is online money and online market . so i think in the future the bitcoin can be a great platform for the gambling in online market .
In my own opinion though I think yes because the acceptance of Bitcoin in online gambling is getting universal and the wallet providers are equally doing enough to make that possible. All I see as a barrier to all thast is the issue of security firewalls to be put in place to protect the investment of the population and also increase the trust we have in Bitcoin...

True. Online casinos are now accepting bitcoins which make it easier for players to deposit and cashout without any hassles..
In my case, I only use bitcoin for betting in online casinos and never use my fiat money..
hero member
Activity: 798
Merit: 503

i think yes , because through btc gambling there is no taxation and anyone of any age can play the game of gambling because it is online money and online market . so i think in the future the bitcoin can be a great platform for the gambling in online market .
In my own opinion though I think yes because the acceptance of Bitcoin in online gambling is getting universal and the wallet providers are equally doing enough to make that possible. All I see as a barrier to all thast is the issue of security firewalls to be put in place to protect the investment of the population and also increase the trust we have in Bitcoin...
full member
Activity: 336
Merit: 100

i think yes , because through btc gambling there is no taxation and anyone of any age can play the game of gambling because it is online money and online market . so i think in the future the bitcoin can be a great platform for the gambling in online market .
member
Activity: 85
Merit: 10
ofcourse it has all the features which a perfect gambling needs.it is anonymous,it is worldwide avalible and it is fast and reliable too what else do we need to start playing
hero member
Activity: 728
Merit: 500
Bitcoin has already played its role in success of more secure and anonymous gambling online. This was Bitcoin which showed new way of gambling by offering perfect and complete solution for gamblers. I think in future we will see many other digital coins being accepted and used too along with Bitcoin. Many sites already are accepting more than one coin which will diversify and will make more attractive gambling.
hero member
Activity: 532
Merit: 500
Yes, it's very possible. Because bitcoin is really easy to use and easy for transaction not like pay pal or other digital money. They don't have that advantage on bitcoin.
Yup because of this smooth transaction only people like Bitcoin gambling. And this is more secure also, Yes in many countries gambling is illegal. So if we do gambling with our PayPal account or any other account, There is a possibility are there that Govt will track our transaction. To avoiding this Bitcoin Gambling, is the is the right option. That is why people will call Bitcoin is the future of Gambling.
full member
Activity: 210
Merit: 100
In my opinion yes, bitcoin is the future of online gambling, because not all of countries apply gambling is legal. With bitcoin we can make bets as anonymous without control by government, so every people from around the world can play gambling as free.
legendary
Activity: 3346
Merit: 1191
From last September when this thread was started until now, bovada started to accept bitcoin, few new sites appeared sportsbet and satoshigames. I think there was even couple more, but I`m not sure. Bitcoin gambling is growing, and each year we will see some of the old casinos will start to accept bitcoins, there will be new casinos again.
People enjoy in anonymous gambling, and bitcoin offer that and very fast depositing and withdrawing without interfering banks and credit cards. I think there is high chance for bitcoin to grow in most used currency in online gambling.
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