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Topic: Many cryptocurrencies — how important is that for you in casinos? - page 3. (Read 837 times)

sr. member
Activity: 1596
Merit: 335
Variation in currency helps to attract gambles since some gamblers have their own preferred currency when gambling. I don't use BTC or ETH because of the transaction fee, and I am accumulating them. I guess most players have the same reason. Altcoins save transaction fee and it is convenient.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
I guess it's more common to use alts for gambling like EOS, LTC or ETH since the majority HODLs Bitcoin.
I dont think so because if we do try to observe on how many cryptocurrency gambling sites at the moment and trying to check on the best history you will surely able to see that most people do bet using bitcoin
there might be other coins as well but not really that much if we do compare it to bitcoin.I agree on what quidat say above when it comes to excitement where its different when you play using bitcoin and using
other altcoins.It isnt really that much important because people can choose on what they would use according to their own funds or coins owned.
newbie
Activity: 89
Merit: 0
I guess it's more common to use alts for gambling like EOS, LTC or ETH since the majority HODLs Bitcoin.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
Hi guys!

Still playing with bitcoins? Or have you switched to TRON or Ripple?
Anyway, every crypto has its own benefits but how important is it for you to have a variety of different cryptos to play in casinos?


Ive been using BTC most of the time since we know that this one is more valuable than anything else and when you won then you would really have that excitement.
Why i can say? I can compare the feels between when im using DOGE and BTC when it comes to my gambling activity.It isnt really that important much but its
still a good option if a certain casino would really have that wide variety of coins that you can play on because not all does prefer on using up their BTC.
legendary
Activity: 2884
Merit: 1117
Still playing with bitcoins? Or have you switched to TRON or Ripple?
Anyway, every crypto has its own benefits but how important is it for you to have a variety of different cryptos to play in casinos?
Why you did not include ethereum? Or at least BCH or BSV? I guess if people do not prefer risking with BTC in gambling then probably they may go with LTC/Doge/ETH. Both ripple and tron are recent additions hence not sure about its familiarity among gamblers.

Personally I still gamble with only bitcoins. I tried doge for low risk levels but at the end of the day, I make peanuts for all my physical efforts and mental tensions. But with bitcoins, sometimes I do get chances to make $5 to $10 which is completely missing in the case of gambling with dogecoins. Other than slow transaction confirmations with bitcoins, I am not finding any bi advantages on gambling  with altcoins. When you include 20% extra fee with your bitcoin tx, you never need to worry on slow confirmations for your transactions.
legendary
Activity: 1918
Merit: 1728
Hi guys!

Still playing with bitcoins? Or have you switched to TRON or Ripple?
Anyway, every crypto has its own benefits but how important is it for you to have a variety of different cryptos to play in casinos?


On-site gaming currency should be independent of deposit/withdrawal currency. For example, casino should maintain the balance of players in chips. The value of chips shall be pegged to one of the cryptocurrency (let say 1 BTC = 100M chips) and floating rate of such cryptocurrency shall be used to maintain the exchange rate for other currencies.

This mechanism have many benefits:

  • Many players have reported problem in using bitcoin due to its high price. They are confused in using decimal values and sometimes bet 10 times more than the expected. Even using mBTC or uBTC don't help because they don't understand the conversation rate (Mathematics you know!)
  • Using different cryptocurrencies offer ease to players but at the same time segregates the game matches in multiplayer gaming. Using common gaming currency solves this problem.
  • It eases the accounting of casino as owner can easily maintain the accounts and statements when all profit/loss are measured in common denomination i.e. chips.
hero member
Activity: 994
Merit: 1000
PUGG.io
Hi guys!

Still playing with bitcoins? Or have you switched to TRON or Ripple?
Anyway, every crypto has its own benefits but how important is it for you to have a variety of different cryptos to play in casinos?

I personally prefer ethereum or ripple for playing on casino sites as they have very low transaction fees as compared to bitcoins and also the transaction speed is pretty fast, it feels like no waiting time at all is required for depositing the money into the casino wallet. Previously I used bitcoins back in the past but as the Prices grew higher and the transaction fees also started rising then I switched to other means of payment for my gambling.
copper member
Activity: 1157
Merit: 1751
#1 VIP Crypto Casino
Thanks guys for your thoughts  Smiley
I personally also prefer a variety of cryptos. Even the bitcoin has been on the market the longest and we all trust it the most, there are plenty of others that could be tested out.
E.g. XRP for its speed and security. Luckily there are plenty of cryptos to choose on Bitcasino and we’ll be adding some new soon.
Btw, what other coins would you like to have in Bitcasino?

Cheers,
Karl
hero member
Activity: 2366
Merit: 594
Having alternative crypto in a platform is beneficial for gamblers since it would help lessening the amount of transaction fee thay have to pay. I personally prefer XRP when gambling since it is faster and cheaper.
hero member
Activity: 2282
Merit: 589
Gambling sites only accept limited cryptocurrency coins unless the dice gambling in exchange site has many cryptocurrency options that can bet. I often use deposit BTC or ETH to gamble.
full member
Activity: 1190
Merit: 117
Of course I still play with bitcoin, because the best cryptocurrency is bitcoin. After all, almost everything online gambling only provides
only a few cryptocurrency options. Tron and ripple are not popular for gambling, apart from bitcoin I sometimes use gambling ETH or LTC.
It's true that I feel the different benefits for different coins. But still I am more comfortable playing gambling with bitcoin.
hero member
Activity: 2926
Merit: 567
Hi guys!

Still playing with bitcoins? Or have you switched to TRON or Ripple?
Anyway, every crypto has its own benefits but how important is it for you to have a variety of different cryptos to play in casinos?


It's important to have a lot of varieties, there's a time that you do not have a coin that the gambling site accepts if they have a lot of coins as options to deposit then, then a gambler can continue playing the game without interruption, and besides gambling sites that accept various coins had the edge against gambling sites that is dedicated to one coin only.
legendary
Activity: 2506
Merit: 1394
I am still using Bitcoin for now, but I already tried to use XRP or ETHEREUM before especially if my funds are from an exchange, so the best way to save, I am converting my Bitcoin to XRP in the exchange and withdraw it as XRP from the exchange going to the gambling website, which I can save more transaction fees from the exchange and able to withdraw from the gambling website with fewer fees also (depends on some gambling websites).
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
Well, we all know that Bitcoin is the most popular in most online gambling casino but there is also one cryptocurrency that commonly use in gambling especially in casino dApps. It is the TRON, Justin Sun was the CEO of this, this is the blockchain operating system for the decentralized app. Perhaps TRON and Ethereum are the best alternate to Bitcoin, --but still, Bitcoin is the best crypto to gamble for me. Indeed, no matter what it is you are going to use, always remember to gamble of what you can afford.

Less fees also for TRX which is why I prefer withdrawing this coin but this will also be moved to another casino or to an exchange but for cashing out its best to just use the XRP for it can be liquidated than TRX. Casinos today are accepting many tokens even the IOST, it isn't a common token to be accepted but there are casinos doing it.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
Well, we all know that Bitcoin is the most popular in most online gambling casino but there is also one cryptocurrency that commonly use in gambling especially in casino dApps. It is the TRON, Justin Sun was the CEO of this, this is the blockchain operating system for the decentralized app. Perhaps TRON and Ethereum are the best alternate to Bitcoin, --but still, Bitcoin is the best crypto to gamble for me. Indeed, no matter what it is you are going to use, always remember to gamble of what you can afford.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
Not everyone likes to use bitcoin for betting. There are people that holds different crypto currencies and might want to play with some of those. So having variety of altcoins as an option in the casino is actually going to be a advantageous point for both the casino and the user (not talking about shit coins). Though they can add features like coinswitch (like crypto-games.net has) to deposit altcoins that they hold and automatically convert it to the one supported by the casino.
full member
Activity: 924
Merit: 221
In my honest opinion, being able to choose a crypto to use when playin casino is useful or let's just say important because you can choose what crypto you like to deposit and withdraw where some people are looking to withdraw their profit with lowest fee possible when withdrawing where some didn't bother. It depends on each person why or what their reason would be.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
This depends from person to person, having a variety of coins to use for gambling is not that of a big deal because it still the same, you are still spending to it to gamble, in my opinion variety in cryptocurrency to choose from is nothing but a nuisance sepecially if that site is supporting another cryptocurrency rather than bitcoin, personally I choose to gamble with bitcoin because this has a more familiar setting for me and whenever I need to deposit or withdraw funds in my account then it will be easier for me because it has pioneered many apps that can support the procurement of funds.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
LTC, XRP, and DOGE  are my favorite funding choices for the obvious reasons. The gambling websites accept the mentioned payment methods and it is cheaper to make a withdrawal request. Instead of depositing BTC which took a long time for confirmation with higher fees, XRP does a better job.

Doge is super easy to split for several gambling strategies but not all gambling casinos offer this payment method, unfortunately. XRP is the best in terms of speed and easiness, smart gamblers will trade the BTC for XRP before and after the transfer to a gambling website.
sr. member
Activity: 1274
Merit: 278
I am playing online gamble using bitcoin and it is really important that you have more money to spend in gambling because having less financial management in gambling is not really a good thing because it is not a good feeling if you lose and you cannot play more because you don't have money anymore to spend to.

But always make sure that you should limit also the money you are going to spend in gambling always remember that when you gamble you also take the risk, you are not sure that you can win 100%.

Yes, still playing with satoshis (aka bitcoin), haven't tried tron nor ripple. Maybe because of convenience on my end. Not many casinos here are offering Tron or ripple, though I have encountered several of them but am too lazy to engage with Tron. And if there is doge in the casino, I use it also as the tx fees are very low if I wanted to transfer from exchange to the gambling site as compared to BTC which is pretty expensive.
Well said mate, most of the online gambling accepts bitcoin and I also prefer it too because it has the highest award in case I win the game.
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