Topic: Is there any gambling site that allows betting directly from the wallet? - page 2. (Read 634 times)
January 24, 2020, 02:27:43 AM
That is risky, basically you are giving your private key to that gambling website! It might be a less hassle if your balance get's empty and needed it to be refill by depositing again, but the risk for that is very high you can get hacked or simply if the website decided to turn into scam you have nothing to do on that situation. What I suggest is go on gambling website that is accepting XRP and gamble there, XRP sending balance is instant, or you can play to website that doesn't need confirmation when you are going to deposit, so it will be instant also.
January 24, 2020, 02:18:27 AM
Sure. As the name is Decentralized casino, it should have a similarity with Decentralized Exchange......
..>Website address: https://earnbet.io/
I am not sure that's casino can do when we want play with Bitcoin?, as I know Decentralized only available with ethereum only. correct me when I have wrong. ..>Website address: https://earnbet.io/
I came to your promoted site, we have to Deposit at least $75 USD to play those games.
January 24, 2020, 01:30:32 AM
I am thinking of a smart contract in which everything is verified and eventually implemented using the blockchain. In which case, the gambling site would have no access to your wallet and cannot possibly commit an error wiping your wallet clear up to the last satoshi. There would be no third parties in this case because everything is to be facilitated by the contract in the blockchain.
I think we are on the same boat: it solely depends on the smart contract and how it is implemented. Nevertheless its definitly more risky to connect your wallet directly to a site compared to a classic deposit.
Additionally, a "natural barrier" is missing. Imagine a situation when you are in a loss streak. It is definitly harder to stop playing when your wallet is directly connected and leading to "unlimited" funds compared to an account balance which becomes sooner than later empty and needs to be refilled via deposits.
January 23, 2020, 11:58:09 AM
I have seen couple sites or decentralized applications with this feature. But I would rather use applications like metamask on such platforms rather than importing my private keys. I wouldn’t advice the use of private keys on any kind of platform unless you can afford to lose your coin or you're using trusted platforms
I think this is quite risky if we play on gambling sites by importing private keys, if the site is a new site then you should not try to get involved to be able to play in it because it is likely that the site has the aim to be able to freely access the wallet of the people who have imported it.
January 23, 2020, 09:59:59 AM
Idea of decentralized exchange is integrating your wallet so you can trade there without actually move funds to exchange but importing means you are giving full control of your wallet to someone which is like giving all funds to gambling site owner and thinks that he won't steal your money.
January 23, 2020, 09:11:32 AM
In this particular setup, is this possible? I mean in a decentralized gambling site, the site does not have access to your wallet, right? Unlike the conventional setup in which sites have a server where passwords and usernames are stored.
It solely depends on the contract the site would use to acess your coins. Imagine a contract stating something like "withdraw the amount lost immediatly". What happens when an error happens and the site whipes your wallet? As long as the user agreed the contract you can do nothing to prevent this.
Usually, no one would accept such a contract ofc, but what if such a rule is "hidden" or masked by a more complex rule?
I am sure a lot of us wouldnt read the contract in detail and just accept it to get a little bit more convinience.
I am thinking of a smart contract in which everything is verified and eventually implemented using the blockchain. In which case, the gambling site would have no access to your wallet and cannot possibly commit an error wiping your wallet clear up to the last satoshi. There would be no third parties in this case because everything is to be facilitated by the contract in the blockchain.
January 23, 2020, 08:08:19 AM
~~ I think they have an ongoing campaign on services go there ~~
Sure. As the name is Decentralized casino, it should have a similarity with Decentralized Exchange. Moreover, you have tried it and found positive results. So, it is undoubted that Earnbet plans something different like allowing the members to play games directly from their address. 
>Website address: https://earnbet.io/
January 23, 2020, 04:02:36 AM
I have seen couple sites or decentralized applications with this feature. But I would rather use applications like metamask on such platforms rather than importing my private keys. I wouldn’t advice the use of private keys on any kind of platform unless you can afford to lose your coin or you're using trusted platforms
January 23, 2020, 03:01:03 AM
oh there are many gambling places like that but I have forgotten some of them, the last thing I remember is only trx and eos integrated in their wallet (Lynxwallet and Tronlink). try downloading the wallet and feel the bet at there, in general the place of gambling is the same as the others. the advantage is only in the process of instant transactions directly into the wallet when winning bet.
January 23, 2020, 02:23:49 AM
Similar to the concept of DEX or Decentralzied Exchange, is there any gambling site which allows users to import private key and play games directly from their address? Or allows users a wallet on the platform with private keys so that user can withdraw and deposit money into account anytime without the approval of the site representative?
It yes then in which different cryptocurrencies such gambling is offered?
It yes then in which different cryptocurrencies such gambling is offered?
There are few decentralized sites based on tron blockchain which offer you such services of betting directly from wallet. The one I know about is mentioned below at the bottom. I have not myself tried such platforms as I find it risky to give my wallet info with private key attached to it. You can also try EOS gambling daps but they seem to slow and Tron based platform beat them anytime, thats my personal opinion. The link as promised is
https://blockchain-casino-games.com/decentralized-betting-sites/
January 23, 2020, 01:43:03 AM
I don't think any of such wallets exists. If does exists, the platform must have full access to your wallet, that is it must have access to your private keys. Do you really think your funds would be safe in such case? Someone else having access to your private keys means you are no longer the only sole owner. The gambling site might scam and take away your coins anytime they wish. What is wrong with depositing your coins to an online casino wallet?
On that situation with the gambling site that potentially scam people, I guess it we should trust this kind of deal. Full access on our wallet should be done privately for a desired user, and there's must be no third parties involved.
All I can suggest is never store a deposited coins at casino wallet, use it with definite purpose during the game. If you won, then always make sure you'll withdraw it right away to avoid being scammed.
January 23, 2020, 12:56:06 AM
In this particular setup, is this possible? I mean in a decentralized gambling site, the site does not have access to your wallet, right? Unlike the conventional setup in which sites have a server where passwords and usernames are stored.
It solely depends on the contract the site would use to acess your coins. Imagine a contract stating something like "withdraw the amount lost immediatly". What happens when an error happens and the site whipes your wallet? As long as the user agreed the contract you can do nothing to prevent this.
Usually, no one would accept such a contract ofc, but what if such a rule is "hidden" or masked by a more complex rule?
I am sure a lot of us wouldnt read the contract in detail and just accept it to get a little bit more convinience.
January 22, 2020, 04:41:56 PM
There are so many but most of them are TRON, Ethereum and EOS dapps. I don't think this kind of thing is possible with the old coins like Bitcoin, Litecoin, Dash etc. If you want to get a full list of gambling Dapps on EOS, ETH and TRON blockchains, check out: https://dappradar.com/rankings/category/gambling
Be sure to toggle and rank them basing on the number of Txs and Volume in 24 hours to know the most popular and legit dapps
Be sure to toggle and rank them basing on the number of Txs and Volume in 24 hours to know the most popular and legit dapps
I tried EOS gambling daps, and they are pretty slow, tron on other side is great for gambling, at least for me. Fast transactions, easy deposits and withdraws from gambling casinos, and some games you can play directly from your wallet, but that is slow. My choice is clearly tron for gambling, at least it's like that for now. Maybe eos can make some progress on this field and become better, for now tron is better in my opinion, better interface, easier to use, faster. Which is more secured is hard to say, eos and tron are pretty safe, which one is better investment in long run and better to have is hard question, here I would give eos a little advantage.
January 22, 2020, 04:31:48 PM
I don't think any of such wallets exists. If does exists, the platform must have full access to your wallet, that is it must have access to your private keys. Do you really think your funds would be safe in such case? Someone else having access to your private keys means you are no longer the only sole owner. The gambling site might scam and take away your coins anytime they wish. What is wrong with depositing your coins to an online casino wallet?
January 22, 2020, 03:31:56 PM
There used to be a lot of websites that allowed you to gamble on-chain and not off-chain like the ones we have but honestly it didn't worth the trouble so people basically stopped playing there. We literally decided which one is better with our wallets, people stopped gambling at satoshidice which was on-chain and they started to play in places like just-dice or primedice and gave them their money and trusted them.
So, if you want to play in an on-chain casino and can't find a proper one, the blame is on the people (including me) who prefered to gamble with their money deposited and don't have to worry about transactions all the time for each single bet. Nitrogen used to be a sportsbook that was on-chain as well I think, you paid to one of their wallets and they paid you back I think, but even they are not like that anymore.
So, if you want to play in an on-chain casino and can't find a proper one, the blame is on the people (including me) who prefered to gamble with their money deposited and don't have to worry about transactions all the time for each single bet. Nitrogen used to be a sportsbook that was on-chain as well I think, you paid to one of their wallets and they paid you back I think, but even they are not like that anymore.
January 22, 2020, 02:40:42 PM
I guess there is but it is too risky.
It sounds like it works like etherdelta, you're just going to input your eth address and private then you could Trade in an instant because it syncs both platform, however in my opinion, this is a double sided sword in which could be the reason why you will lose your money in the future, just in case hackers breach in their security and steal all of their players data to get what they wanted.
It sounds like it works like etherdelta, you're just going to input your eth address and private then you could Trade in an instant because it syncs both platform, however in my opinion, this is a double sided sword in which could be the reason why you will lose your money in the future, just in case hackers breach in their security and steal all of their players data to get what they wanted.
I think the casinos won't need the private keys for you to be able to bet like the casinos that allows metamasks. But its true that you will have to be very careful exposing private keys. You just can't trust those people, just don't send out private keys even to the developer of the project. EARNbet is just like one of this casinos, they don't ask private keys. Games in that casino though are just too few.
January 22, 2020, 02:21:47 PM
I guess there is but it is too risky.
It sounds like it works like etherdelta, you're just going to input your eth address and private then you could Trade in an instant because it syncs both platform, however in my opinion, this is a double sided sword in which could be the reason why you will lose your money in the future, just in case hackers breach in their security and steal all of their players data to get what they wanted.
It sounds like it works like etherdelta, you're just going to input your eth address and private then you could Trade in an instant because it syncs both platform, however in my opinion, this is a double sided sword in which could be the reason why you will lose your money in the future, just in case hackers breach in their security and steal all of their players data to get what they wanted.
January 22, 2020, 02:00:29 PM
Aren't you scared if you were to use your online wallet to be accessed by some online betting and gambling platform just because it is an ease of access. Uploading one's private key takes a lot of risks as those keys represents your wallets. Then if ever (there was indeed some) that some platforms offers such feature, would you even do it and take the risk of online anonymous theft? Then having wallet is not necessary at all as the matter eradicates the main purpose of wallet (money security).
^ Probably if there is a feature like this, you can create another wallet beside your main wallet and transfer amount that you can afford before you will trust into them your private key. But at least that is not your main wallet. To be honest, I did not encounter gambling sites such as this. The most common features that I know are using smart contracts when you are depositing a fund to gamble. Probably it is safe but again dont use your main wallet. 
January 22, 2020, 01:15:42 PM
The OP is talking about a decentralized gambling site. Even private key will be used to log in there is no way that the gambling site will have direct access to the wallet. It's like a smart contract. ETH and EOS are fit here. As long as the code was transparent, nothing will be suspicious.
How you can make sure the website will not store/saved your data went we all input the private key on their website, there is no guarantee the website gives us a information "they will not store the data" probaly could be lied too. I believe no one cassino will be provided an "import private-key" to their website/platform due the security reason, if some casino wan to do accessing your wallet probably they will only used third parties applications like "Metamask" or "Scatter" like whats @LbtalksL say. Just to make sure all the data about your wallet not will be store/saved at the site because we all using third parties apps.
January 22, 2020, 01:11:10 PM
There are betting sites which you can use your Scater or Metamask wallet directly, this doesn't need anyone to deposit their coins while playing on the casino site. Ethex.bet is just one of the gambling site that allows you to gamble while your coins are safer. You will however have to pay for the transactions every time you bet, it will be worth for now since ETH is cheap but 0.005ETH will be worth $10, its going to be a pain.
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