Lightning Network was the good option for the gambling sites.Because it help to fast the transaction of the bitcoin.But they won’t by their cost.If the gambling owners will implement the lightning network by them self so that the gambles do their own transaction in a short period of time.The cost of the lightning should not bare by the users and it will burden them.Mostly gamblers like to had this on gambling sites.
Do mean lightening network is makes transactions faster? Yes no dispute so why is it that most gambling platforms are not using the so call lightening network. The problem is not about the gambling platform using it but about their customers if they like it or understand how it works. The lightening network looks good but it's need good knowledge of the phases before you can use or else, you might lose your fund. It is not as simple as the normal Bitcoin transaction. 
Topic: Question for regular casino players. Will you use Lightning if available? - page 10. (Read 3183 times)
May 01, 2022, 06:20:45 PM
May 01, 2022, 06:05:34 PM
Lightning Network was the good option for the gambling sites.Because it help to fast the transaction of the bitcoin.But they won’t by their cost.If the gambling owners will implement the lightning network by them self so that the gambles do their own transaction in a short period of time.The cost of the lightning should not bare by the users and it will burden them.Mostly gamblers like to had this on gambling sites.
Up until now, you can only count the casinos which are deploying the LN.
Maybe, the demand is not that significant for them to integrate this network.
Also, they won't earn from the fees in case they will include this as the fees are very minimal in LN.
Some casinos are already earning from the fees alone. And most users are still preferring the regular btc network.
Since they are used to the native network, some are hesitant to use LN because they feel they don't know how to use it.
May 01, 2022, 03:05:01 PM
Lightning Network was the good option for the gambling sites.Because it help to fast the transaction of the bitcoin.But they won’t by their cost.If the gambling owners will implement the lightning network by them self so that the gambles do their own transaction in a short period of time.The cost of the lightning should not bare by the users and it will burden them.Mostly gamblers like to had this on gambling sites.
May 01, 2022, 02:49:44 PM
I am not sure what casino owners think about the lightning networks. But, If they implement it, They also have to keep the main network on. Because only a few percent of players will understand what is lightning network and how to use it. But, yeah. If the platform implements the lightning network that I am using, I will use the lightning network since it's fast and cheap.
I don't think the lightening network is generally accepted by everyone because not everybody understand the concept of it although there are claims that it helps to reduce the network free and makes transactions faster than normal. The lightening network will limited gamblers maybe casinos owners in knowing the actual portfolio they have cause the transactions that are used through lightening network do not go to the wallet directly.This can be true to an extent but we still have to consider many other factors before deriving a conclusion on this aspect of lightning network, i see it very beneficial to the casino operators because they can be able to initiate a bulk transaction on every winning after a collective data on a course, meaning it will lessen the burden for them while crediting every winning, and i think its a olus bonus for every bitcoiner who is a gambler as well, because lightening network develops little or no issues at all cost.
May 01, 2022, 01:44:24 PM
Personally I'm not really comfortable using lightning network yet, so if lightning network available on my casino which I regularly play... most likely I wouldn't use it. There are some casinos who implemented lightning network e.g. bc.game, thunder pick, betplay etc but I don't see a big demand of the players on that casino. I think many people will recognize and comfortable with LN after almost top centralized exchanges already accept LN.
The lightening network is not as difficult to comprehend as we think. It's jus a matter of understand on the concept and how it works. Lightening network is a way that was implemented to increase the speed of Bitcoin and to reduce the network fees. Sometimes we spend huge amount of money when sending crypto to other people especially those that always do business transactions through Bitcoin. The lightening network is okay to use without much complexity. Well good understanding of it will help other Bitcoin users to adoption it. For this, I think their are still limited persons who know much about it and the concept behind it. The more people understand it, the better the adoption.
The complexity of the lightning network is only for the casino owners who will implement this system. For gamblers, there is no complexity as they just need to send the btc to the given address and the rest will be taken care by the lightning network. Yeah, gamblers will save fees and transaction time, and hence they all will prefer lightning networks. From the gambler's perspective, there want the easy fast transfer of bitcoin and they will use the lightning network.
May 01, 2022, 01:34:49 PM
Personally I'm not really comfortable using lightning network yet, so if lightning network available on my casino which I regularly play... most likely I wouldn't use it. There are some casinos who implemented lightning network e.g. bc.game, thunder pick, betplay etc but I don't see a big demand of the players on that casino. I think many people will recognize and comfortable with LN after almost top centralized exchanges already accept LN.
The lightening network is not as difficult to comprehend as we think. It's jus a matter of understand on the concept and how it works. Lightening network is a way that was implemented to increase the speed of Bitcoin and to reduce the network fees. Sometimes we spend huge amount of money when sending crypto to other people especially those that always do business transactions through Bitcoin. The lightening network is okay to use without much complexity. Well good understanding of it will help other Bitcoin users to adoption it. For this, I think their are still limited persons who know much about it and the concept behind it. The more people understand it, the better the adoption.
May 01, 2022, 10:52:28 AM
Altcoin is my opinion towards this one.Because the game should be played with our style.You had worried about the replies,but nothing to worry on it.It’s just a common on forum.The member like to replies to the high rank profile,it’s their own opinion.And the newbie will get huge replies,when you had elaborate the things,you like to share.And casino players will not share all their secrets.
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May 01, 2022, 06:43:52 AM
Here, in this whole discussion, one serious thought was expressed - why the casino practically does not use LN. And I think this is one of the main reasons. Indeed, since few people are familiar with this technology, there will be many problems and errors when using it. Then the casino support will be inundated with requests from such players. And such work of the support service will require additional costs, you may even need to hire additional employees. Is it necessary for the casino itself? Obviously not.
That is why there is no such distribution of LN in the field of gambling with cryptocurrency.
Maybe the casino will implement LN if many people are already using it so the casino will not have to add any other support services because most people already know LN. Besides that, the casino itself also has various kinds of coins that are the choice of gamblers and that can already be an alternative for deposits and withdrawals for gamblers. It doesn't require any additional miscellaneous expenses as the casinos just carry on what they started. That is why there is no such distribution of LN in the field of gambling with cryptocurrency.
May 01, 2022, 01:57:53 AM
Here, in this whole discussion, one serious thought was expressed - why the casino practically does not use LN. And I think this is one of the main reasons. Indeed, since few people are familiar with this technology, there will be many problems and errors when using it. Then the casino support will be inundated with requests from such players. And such work of the support service will require additional costs, you may even need to hire additional employees. Is it necessary for the casino itself? Obviously not.
That is why there is no such distribution of LN in the field of gambling with cryptocurrency.
That is why there is no such distribution of LN in the field of gambling with cryptocurrency.
May 01, 2022, 01:35:24 AM
I also believe the reason why many users are not using LN is because what Jawhead mentioned. Most crypto exchanges are not accepting btc via LN. So when a player wants to transfer his funds from the casino to an exchange, it won't be possible for him, so most of them stay with the native btc network. But I am also with the idea that if most of these CEXs and other trading platforms will include LN, definitely that would be a very good boost in using the LN.
When reputed gambling sites will allow lightening network, reputed exchanges will do the same. And if both platform (gambling site as well as exchanges) will allow lightening network, then we will have no reason of using lightening network. But before that time only small portion of people will use the lightening network. May 01, 2022, 12:17:16 AM
There are some casinos who implemented lightning network e.g. bc.game, thunder pick, betplay etc
When reputed gambling site will start accepting lightening network i do not think you will still stay away from using the lightening network. Because ot will not make us anything loss but it will be helpful for us. Personally i.am waiting for the reputed gambling site to accept the lightening network. April 30, 2022, 07:53:27 PM
Personally I'm not really comfortable using lightning network yet, so if lightning network available on my casino which I regularly play... most likely I wouldn't use it. There are some casinos who implemented lightning network e.g. bc.game, thunder pick, betplay etc but I don't see a big demand of the players on that casino. I think many people will recognize and comfortable with LN after almost top centralized exchanges already accept LN.
When reputed gambling site will start accepting lightening network i do not think you will still stay away from using the lightening network. Because ot will not make us anything loss but it will be helpful for us. Personally i.am waiting for the reputed gambling site to accept the lightening network.I also believe the reason why many users are not using LN is because what Jawhead mentioned. Most crypto exchanges are not accepting btc via LN. So when a player wants to transfer his funds from the casino to an exchange, it won't be possible for him, so most of them stay with the native btc network. But I am also with the idea that if most of these CEXs and other trading platforms will include LN, definitely that would be a very good boost in using the LN.
April 30, 2022, 07:26:14 PM
Personally I'm not really comfortable using lightning network yet, so if lightning network available on my casino which I regularly play... most likely I wouldn't use it. There are some casinos who implemented lightning network e.g. bc.game, thunder pick, betplay etc but I don't see a big demand of the players on that casino. I think many people will recognize and comfortable with LN after almost top centralized exchanges already accept LN.
When reputed gambling site will start accepting lightening network i do not think you will still stay away from using the lightening network. Because ot will not make us anything loss but it will be helpful for us. Personally i.am waiting for the reputed gambling site to accept the lightening network. April 30, 2022, 03:09:52 AM
Maybe Lightning Network will not yet be accepted generally but if the cost of sending bitcoins becomes higher, consumers will inevitably try to find other alternatives.
They'll be sure to dabble in which coin they can still feel comfortable with and if they find that the Lightning Network can be a solution, they'll use it.
But since this is related to the casino, the casino should play an important role in spreading the Lightning Network because later, its members will use it if the casino has integrated the Lightning Network into their casino.
They'll be sure to dabble in which coin they can still feel comfortable with and if they find that the Lightning Network can be a solution, they'll use it.
But since this is related to the casino, the casino should play an important role in spreading the Lightning Network because later, its members will use it if the casino has integrated the Lightning Network into their casino.
You cannot imagine how hard it is to handle customers. Only less than 1% of people on the internet understand how the lightning network works. So, it will be hard for the casino to maintain it. They have to set up dedicated support for lightning network-related questions only. There are a lot of videos on youtube about how the lightning network works. Still, I don't think it will be easy for them to adopt a lightning network.
The way of thinking of people who use ordinary networks will change as the development progresses and if they don't want to change, of course, it will be difficult for them.
They would later be forced to pay more fees than the Lightning Network.
It all requires a lot of support, especially the support of the casino because it is closely related to their business and provides comfort to their customers.
April 29, 2022, 08:00:12 PM
Undoubtedly I would use it with LN, not only for the ease that you have to make transactions but also because it is the best option from my Wallet, even from any exchange that has the network shared by Bep-20. In addition, what is most about transaction rates are the lowest that can be offered, I have also realized that many players have stopped betting with BTC directly on the casinos, and prefer to use other cryptocurrencies, and in a casino in the Chat live asked why? Those who answered me told me that it was when they did the transactions with BTC they were very expensive, I understood that the best way is through LN, I do not have much experience, but investigating I know that it would be the best.
Looking on the web, there are interesting articles, but seeing when there are new casinos that need you need pearful deposits, they have this advantage:
Source: https://coingambling.info/news/bitcoin-casinos-that-accept-lightning-network-payments/
The article is very interesting and informative, for those who do not understand very well Lightning Network as I, I think it is quite complete.
Looking on the web, there are interesting articles, but seeing when there are new casinos that need you need pearful deposits, they have this advantage:
Quote
Tiny bets
Bitcoin casino gambling buffs who are not eager to wager large amounts of money will certainly like this one.
Today, it is not advisable to make very small transactions in the Bitcoin network because the cost of such a transfer may easily be higher than the amount you are sending. The Lightning Network would allow playing crypto casino games with tiny amounts of cryptocurrency thanks to very small commission fees. And if you have a direct channel with the casino, there would be no such fees at all.
Bitcoin casino gambling buffs who are not eager to wager large amounts of money will certainly like this one.
Today, it is not advisable to make very small transactions in the Bitcoin network because the cost of such a transfer may easily be higher than the amount you are sending. The Lightning Network would allow playing crypto casino games with tiny amounts of cryptocurrency thanks to very small commission fees. And if you have a direct channel with the casino, there would be no such fees at all.
Source: https://coingambling.info/news/bitcoin-casinos-that-accept-lightning-network-payments/
The article is very interesting and informative, for those who do not understand very well Lightning Network as I, I think it is quite complete.
April 29, 2022, 04:54:43 PM
If it's way cheaper then perhaps I might consider it, but I doubt that since it adds another layer to the transaction, and those who created that layer will ask more, on top of that the fee that the casino charges.
Even though the payment route might consist of multiple different nodes, the total fee charged should be lower than the smallest possible on-chain transaction (size-wise). Unless you try to send hundreds or thousands dollars worth of BTC, you should pay less for your depoit.
April 29, 2022, 04:54:38 PM
It's very convenient for those who deposit and withdraw with Bitcoin, there are always issues when withdrawing because of the delay because of the congestion in the chain, and who would not want to transact with lower fees, I seldom use Bitcoin because the other alternatives are good like Dogecoin, Tron, and BSC but for casinos where the only option is Bitcoin then Lightning network will serve the players better.
Delays on btc is not an issue but it's normal and you will used to that if you are regularly using a bitcoin but there's a fix to that. You can allocate more for the fees so that the transaction will run a little faster but I think on most casinos they don't allow it but they already set a specific fee when you withdraw your bitcoins. Rich gamblers are fine with the high fees in bitcoin but small players are always looking forward on transacting with lower fees. If you're happy with altcoins, then fine, just continue using it, no need to force yourself on using other coins.I think that bitcoin and lightning network are not the same, I mean you cant sent a btc to a btc lightning address and vice versa.
April 29, 2022, 12:09:40 PM
Bitcoin lightening network is a relatively new development and just like the exchanges are having a draw back in using LN so are casinos the fact could be either the difficulty in understanding lightening network operations or their just don't want to continue to take fees from the transactions. But me personally I will like the use of lightening network for transactions on casino as it will give a whole new experience.
April 29, 2022, 12:04:12 PM
Maybe Lightning Network will not yet be accepted generally but if the cost of sending bitcoins becomes higher, consumers will inevitably try to find other alternatives.
They'll be sure to dabble in which coin they can still feel comfortable with and if they find that the Lightning Network can be a solution, they'll use it.
But since this is related to the casino, the casino should play an important role in spreading the Lightning Network because later, its members will use it if the casino has integrated the Lightning Network into their casino.
They'll be sure to dabble in which coin they can still feel comfortable with and if they find that the Lightning Network can be a solution, they'll use it.
But since this is related to the casino, the casino should play an important role in spreading the Lightning Network because later, its members will use it if the casino has integrated the Lightning Network into their casino.
You cannot imagine how hard it is to handle customers. Only less than 1% of people on the internet understand how the lightning network works. So, it will be hard for the casino to maintain it. They have to set up dedicated support for lightning network-related questions only. There are a lot of videos on youtube about how the lightning network works. Still, I don't think it will be easy for them to adopt a lightning network.
April 29, 2022, 11:07:58 AM
I am not sure what casino owners think about the lightning networks. But, If they implement it, They also have to keep the main network on. Because only a few percent of players will understand what is lightning network and how to use it. But, yeah. If the platform implements the lightning network that I am using, I will use the lightning network since it's fast and cheap.
I don't think the lightening network is generally accepted by everyone because not everybody understand the concept of it although there are claims that it helps to reduce the network free and makes transactions faster than normal. The lightening network will limited gamblers maybe casinos owners in knowing the actual portfolio they have cause the transactions that are used through lightening network do not go to the wallet directly.They'll be sure to dabble in which coin they can still feel comfortable with and if they find that the Lightning Network can be a solution, they'll use it.
But since this is related to the casino, the casino should play an important role in spreading the Lightning Network because later, its members will use it if the casino has integrated the Lightning Network into their casino.
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