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Topic: Pros and Cons of Crypto vs. Traditional Gambling - page 6. (Read 768 times)

hero member
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Merit: 511
I clicked on the link that you provided by it say that I have been blocked. Base on your article,online casinos are taking over the whole world gamblers because it is easy accessible and convenient for gambling from whatever place that you are. Also online casino makes gambler to gamble in their comfort zone without any risk of been attacked by hoodlums when gambling in a traditional casino. In a traditional casino everyone will know that you are a gambler and when you win the jackpot everybody will be aware of it which might be a threat to your privacy. It is bad to gamble with your credit card,as it is the same thing like borrowing money to gamble. This shows that you can't control your gambling activities.
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As crypto gambling’s popularity rises, traditional gambling’s popularity wanes. But before jumping into crypto gambling, it’s important to know the pros and cons of both. Below, we list three pros and three cons for traditional gambling and crypto gambling.

Traditional Gambling Pros
Familiarity
Online sports betting has been around for close to 30 years. We’re familiar with how traditional online sports betting works.

Most available sports betting options
Sportsbooks don’t allow betting on every available options. But they do allow most sports betting options.

Bets are in U.S. dollars or other fiat currency
It’s easy to bet in your nation’s currency. Traditional gambling allows us to wager in dollars if we’re a U.S. citizen or Canadian dollars if we’re Canadian.

Traditional Gambling Cons
Credit card companies may not allow you to fund your gambling account
Credit card companies are middle entities. They give you credit and then help you facilitate transactions. Because it’s the credit card company’s money, they have the right to dictate how you spend your money.

Credit card companies hate sportsbooks. Bottom line? They won’t allow you to fund your sportsbook account with their money. Also, funding with credit cards requires paying big fees, sometimes, over 10%.



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