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Topic: Is Bitcoin the future of online gambling? - page 6. (Read 31561 times)

sr. member
Activity: 1484
Merit: 323
I think so, because most of bitcoin users are gamblers to make big money that why i really think bitcoin can be the future online gambling. And there are so many bitcoin online gambling sites that you will see and there are many people who really use it everyday to earn money.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
I think yes because as of now many bitcoin gambling sites are accepting bitcoin if you will look on this forum so I think yes, but In real world only fiat will be the only one because the value of it is not pumping and dumping.

I do believe on it also, we saw the vast increase of gambling sites and it is keep on ramping the industry. I guess many are loving the way to gamble with bitcoin as it covers up the gamblers and securing that there's no need for some information in able to gamble. But not all, as there are still that requires information for withdrawal purposes, I guess.
full member
Activity: 238
Merit: 100
Yes true, with bitcoin all transactions became simple, quick and full privacy. I'm sure the future of online gambling is such a bitcoin, because all the features needed for gambling transactions exist in the bitcoin.
There are plenty gambling website nowadays where you can easily gambling with bitcoin with a privacy those people who don't know bitcoin yet once they interested it they will be use bitcoin just to gamble. When you are depositng theres no fee like when you are entering on real casino you need to pay fees before you play.

Yes true, all features of the bitcoin suitable for gambling, quick, anonymous, the deposit and withdraw cost is cheaper and full security. Someday I'm sure all gambling will following the bitcoin system and gambling with fiat money will soon disappear.
hero member
Activity: 896
Merit: 514
I think it is! Even some of the largest online sports books are recognizing the potential of bitcoins. Gamblings sites like 5dimes, bet365, betonline and heritagesports are all accepting bitcoins now. Before they were fiat online bookies. That is how much bitcoins has influences the online gambling scene.

I dont really recall that they allow bitcoin deposit however they probably might not unless some day in the future, SEC approves bitcoin ETF. It will also take some time after it is being approved to be added to those sites . Unless gambler show a good amount of interest on those then it probably wont be added

Kindly check their websites man! They completely offer bitcoin as a way to deposit into your account. For sure you just commented away just for the hell of it and did not even check. Why do you need approval from SEC to use bitcoins as a deposit method? You don't need it, btw. ETF is just a move to have bitcoins placed in the US stock exchange!

I checked 5dimes and bet365 does indeed have bitcoins as a way to deposit and play in their sports books. I guess erwin did not check this out. I don't think there is a regulation that disallows gambling sites to accept bitcoins as their way of playing. I agree, ETF does not affect gambling sites at all.
hero member
Activity: 756
Merit: 505
I think it is! Even some of the largest online sports books are recognizing the potential of bitcoins. Gamblings sites like 5dimes, bet365, betonline and heritagesports are all accepting bitcoins now. Before they were fiat online bookies. That is how much bitcoins has influences the online gambling scene.

I dont really recall that they allow bitcoin deposit however they probably might not unless some day in the future, SEC approves bitcoin ETF. It will also take some time after it is being approved to be added to those sites . Unless gambler show a good amount of interest on those then it probably wont be added

Kindly check their websites man! They completely offer bitcoin as a way to deposit into your account. For sure you just commented away just for the hell of it and did not even check. Why do you need approval from SEC to use bitcoins as a deposit method? You don't need it, btw. ETF is just a move to have bitcoins placed in the US stock exchange!
hero member
Activity: 3052
Merit: 685
I think yes because as of now many bitcoin gambling sites are accepting bitcoin if you will look on this forum so I think yes, but In real world only fiat will be the only one because the value of it is not pumping and dumping.
Gamblers main objective to gamble and all they want is to look for a site that could give them a convenience when gambling and bitcoin has offered that to them and they adopt it. The price volatility or the pumping and dumping as you said is not a big problem because any time they would convert their bitcoin to fiat and knowing that there is an equal movement of that pump and dump, it will not make them deficit.
hero member
Activity: 1400
Merit: 571
Nowadays i can see the future of gambling where there are lots of gambling website everywhere in the internet most of the time people will choose this than going to real gambling people will want to hide their identity for their safety. But here in my country central bank already considered bitcoin as our secondary currency.

A very smart thinking, it is basically people who want to do gambling will hide their identity, because after all, gambling is a place that has a bad disebagian of the people in the world. But not denied as well, indeed with gambling right we can get great benefits. Just to be able to achieve all that we should be able to control myself and not too large in the thinking of the benefits, because that will make us get big loss
 

I do love that too, anonymous gamblers and transactions right? But as I said to the thread, there are now casinos that requires your information, well, it is their security measures to avoid scams and something like that. But we cant still remove the fact that the future of online gambling is really bitcoon, and many gambling sites and casinos now are accepting them.

But we could fake the personal information that they are asking since they really don't know who we really are, so basically, asking every players that would gamble in their site is basically useless. Besides, it is not possible for a certain person to scam a gambling site, we are the one who are using the gambling site, so, it is more like we are the one that could get scam by a gambling site if we are not going to check its legitimacy.

Also, it is not just the bitcoin who is the future of the online gambling, to be honest, without the players, a certain gambling site could not earn a single amount of bitcoin, so to be precise, the players and bitcoin are the future of online gambling.
legendary
Activity: 1232
Merit: 1029
I think most of the online gambling sites are very much thankful into bitcoin, because it doesn't need papers to comply just for the sake to pass it in the private sectors. because bitcoin has no tax at all. and some of the bitcoin users who are gamblers are now trying to play online in gambling.
The advantages one gambling site could get with bitcoin payment must be very convenient things which are not possible for rest of payment adopting sites could get. The profit ratio due to bitcoin adoption and ability to securely managing funds are few of them which are enabling any gambling house owners to thank bitcoin system for sure.

We cannot ignore that bitcoin adoption is being promoted by gambling industry. For that the good example must be gamblers are switching over to bitcoin based gambling. In future we can expect almost all gambling sites and physical casino will be having options to play with bitcoins.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
I think yes because as of now many bitcoin gambling sites are accepting bitcoin if you will look on this forum so I think yes, but In real world only fiat will be the only one because the value of it is not pumping and dumping.
legendary
Activity: 1414
Merit: 1002
= jasad =
The future money of online gambling I guess.
Bitcoin is more popular on using in gambling sites or online, the advantages was totally use by its users the anonimity on betting to the games.
Bitcoin is great for gambling too because if you send your bitcoins with a good fee, you can begin to play in a matter of minutes instead of waiting days, also bitcoin is great because it allows us to play without anyone having to be notified about our activities, so that is great.
the problem when you used credit card or bank account to deposit you can't trace your transaction ,
when in bitcoin it is pretty transparent , you can see your money come ,
that whats make bitcoin more than fit into online casino ,
i expect in few years ahead most online casino will accept bitcoin as payment.
The average person cannot see your history of transactions if you use a credit card that is true but that is  not much of a problem if you tumble your coins before you use them in any activity you would not like to be associated with you like gambling.
yeah i know the problem of online gambling are when people want to stay anonymous ,
means their privacy about their identity will secure with bitcoin ,
no documents asked , nothing , just an email + password and you are good to go ,
that is enough to attract more player , but most casino still doubt to accept bitcoin due some reasons.
the price always fluctuates i guess and since that its not been really introduce very well that's why not all the casino house already embrace the system but for sure after they learn that there's a lots of advantage and it will easily attract gamblers they will think about it and migrate to the system to gain more profits.
no i think fiat based casino who accept bitcoin will use real time value ,
i mean they will get exchange the bitcoin to fiat as profit and keep the low amount of bitcoin only to pay people winning out ,
i don't know exactly which one honestly , it's just my thought ,
they are too afraid to hold too much bitcoin , but a little bit confused how they can pay people in bitcoin when they didnot hold bitcoin much enough.
legendary
Activity: 1610
Merit: 1183
Its clear that there is no other better way than bitcoin to do online gambling. Of course like it has been proposed before, in order to achieve trillionaire tier transaction volume we must neable segwit and then te lightning network in order to achieve next level adoption. Then even your mom will be gambling with btc.
hero member
Activity: 1092
Merit: 501
Yes I think it is the future of online gambling because its easy fast and also very reliable I think it will be accepted more and more.

That is true mate, it is the future of online gambling - it is indeed the most advisable and the most convenient way to deposit for your bankroll and not to mention its anonymity.
I think most of the online gambling sites are very much thankful into bitcoin, because it doesn't need papers to comply just for the sake to pass it in the private sectors. because bitcoin has no tax at all. and some of the bitcoin users who are gamblers are now trying to play online in gambling.
legendary
Activity: 1064
Merit: 1000
I think it is! Even some of the largest online sports books are recognizing the potential of bitcoins. Gamblings sites like 5dimes, bet365, betonline and heritagesports are all accepting bitcoins now. Before they were fiat online bookies. That is how much bitcoins has influences the online gambling scene.

I dont really recall that they allow bitcoin deposit however they probably might not unless some day in the future, SEC approves bitcoin ETF. It will also take some time after it is being approved to be added to those sites . Unless gambler show a good amount of interest on those then it probably wont be added
hero member
Activity: 756
Merit: 505
I think it is! Even some of the largest online sports books are recognizing the potential of bitcoins. Gamblings sites like 5dimes, bet365, betonline and heritagesports are all accepting bitcoins now. Before they were fiat online bookies. That is how much bitcoins has influences the online gambling scene.
sr. member
Activity: 357
Merit: 260
yes of course ,as considering its anonymity and ease of access ..imo YEs.

I don't think so, but many online games use bitcoin to be played like the casino and other online game sites. For now maybe 30% of people focused in online gambling.
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
Giving a deeper sense to the OP question I wouldn't even know if bitcoin is the future of bitcoin itself given the latest forking/changing debates going on in the community

I don't mind about these fork issues or anything that is between debating of bitcoin enthusiast. There are some gambling sites that already expressed their thoughts about it and they will going to stay with "only" bitcoin. So I do believe that bitcoin is going to be the future of online gambling and there's no doubt on it.
sr. member
Activity: 1638
Merit: 300
Nowadays i can see the future of gambling where there are lots of gambling website everywhere in the internet most of the time people will choose this than going to real gambling people will want to hide their identity for their safety. But here in my country central bank already considered bitcoin as our secondary currency.

A very smart thinking, it is basically people who want to do gambling will hide their identity, because after all, gambling is a place that has a bad disebagian of the people in the world. But not denied as well, indeed with gambling right we can get great benefits. Just to be able to achieve all that we should be able to control myself and not too large in the thinking of the benefits, because that will make us get big loss
 

I do love that too, anonymous gamblers and transactions right? But as I said to the thread, there are now casinos that requires your information, well, it is their security measures to avoid scams and something like that. But we cant still remove the fact that the future of online gambling is really bitcoon, and many gambling sites and casinos now are accepting them.
hero member
Activity: 756
Merit: 500
Nowadays i can see the future of gambling where there are lots of gambling website everywhere in the internet most of the time people will choose this than going to real gambling people will want to hide their identity for their safety. But here in my country central bank already considered bitcoin as our secondary currency.

A very smart thinking, it is basically people who want to do gambling will hide their identity, because after all, gambling is a place that has a bad disebagian of the people in the world. But not denied as well, indeed with gambling right we can get great benefits. Just to be able to achieve all that we should be able to control myself and not too large in the thinking of the benefits, because that will make us get big loss
 
hero member
Activity: 1372
Merit: 503
Yes true, with bitcoin all transactions became simple, quick and full privacy. I'm sure the future of online gambling is such a bitcoin, because all the features needed for gambling transactions exist in the bitcoin.
There are plenty gambling website nowadays where you can easily gambling with bitcoin with a privacy those people who don't know bitcoin yet once they interested it they will be use bitcoin just to gamble. When you are depositng theres no fee like when you are entering on real casino you need to pay fees before you play.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Yes true, with bitcoin all transactions became simple, quick and full privacy. I'm sure the future of online gambling is such a bitcoin, because all the features needed for gambling transactions exist in the bitcoin.

until now, bitcoin is still the best crypto currency for online gambling but if in one day, there is another that offering another benefits for playing gambling than what bitcoin offers, then i think bitcoin will be secondary use for online gambling. but still bitcoin don't need much of informations and this is the reason many people use in online gambling.
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