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Topic: The benefits of gambling online with Bitcoin - page 2. (Read 1023 times)

full member
Activity: 165
Merit: 100
September 05, 2017, 09:41:58 PM
#42
Agree,it's good to gamble for anonymity but I prefer not to use bitcoin to gambling,better in real life
hero member
Activity: 1498
Merit: 537
September 03, 2017, 08:34:29 PM
#41
I think It's better to make deposits to your favorite online casino or sportsbook with bitcoin rather than traditional methods like cash and credit cards, based on the reasons below.   

Smaller transaction fees ( if any )
Almost instant access to funds
Super fast payouts for bitcoin withdrawals
Generous bitcoin deposit bonuses
Anonymity for the discreet gambler.

Do you agree or disagree?

The only one valid to me and why I go for bitcoin gambling is the last one which is anonymity because with that, I could be gambling on my phone, while someone will think I am either playing an android game or just watching video as well as away for the eyes of the societal judges who would want to say their mind in case I am found near the bet shop or site.
to me I think apart from being anonymous there are still  so many other reasons for which it is important and good to play gambling online.

Can you please tell us what are the other reasons or benefits of gambling with bitcoins as I think that privacy is the major factor by gambling with bitcoins as your identity remains intact and no one can point a finger on you that you are a gambler and earning money from gambling.
sr. member
Activity: 378
Merit: 250
September 03, 2017, 07:49:41 PM
#40
I think It's better to make deposits to your favorite online casino or sportsbook with bitcoin rather than traditional methods like cash and credit cards, based on the reasons below.  

Smaller transaction fees ( if any )
Almost instant access to funds
Super fast payouts for bitcoin withdrawals
Generous bitcoin deposit bonuses
Anonymity for the discreet gambler.

Do you agree or disagree?

The only one valid to me and why I go for bitcoin gambling is the last one which is anonymity because with that, I could be gambling on my phone, while someone will think I am either playing an android game or just watching video as well as away for the eyes of the societal judges who would want to say their mind in case I am found near the bet shop or site.
to me I think apart from being anonymous there are still  so many other reasons for which it is important and good to play gambling online. to me i play gambling  online because in my area gambling is illegal and there is no such formal casino where we can go and play gambling therefore it is more convenient for me to play gambling online.
sr. member
Activity: 518
Merit: 251
September 03, 2017, 05:44:02 PM
#39
The best benefit of gambling with bitcoins is that you can keep your personal information intact and you don't need to disclose it as you can easily gamble with bitcoins none will come to know about that and that is the most important feature of gambling with bitcoins.
sr. member
Activity: 994
Merit: 252
September 03, 2017, 05:38:54 PM
#38

Do you agree or disagree?
I disagree with the small transaction fee right now because the network is almost busy everyday. I know there are many bitcoin casinos that accepts different altcoins but for sports betting there's no bitcoin sportsbook that accepts and uses altcoin except for betcoin and they cant be trusted afaik.

Dude! Don’t take it personally but you appear to be numbskull to me. Any person who gambles with bitcoins is just a laugh stock. If you really don't need your bitcoins, then give it away in charity. At least, you will earn some virtue. How can anyone gamble with such a precious asset?
sr. member
Activity: 756
Merit: 253
September 03, 2017, 01:39:56 AM
#37
The best thing s about Bitcoin casino is the anonymous and easy to set up account without any identity verification and I noticed that Bitcoin casino is the casino that gives free money(faucet) to play the game, you won't find this in traditional casino and it is easy to withdraw and deposit using bitcoin
Yeah people really love to keep hiding their identity when it comes to gambling ,
So when most fiat casino will always ask you for id verification ,
You will feel it was not necessary and you are not okay with ut ,
But with bitcoin you feel you have got protection and completely a freedom.
You’re quite right. There’s a lot of benefits in gambling online. One of those were the anonymity. It can increase feelings of comfort since there is a decreased ability to look for, and thus detect signs of disapproval, or judgment in facial expression. So when losing, no one will actually see the face of the loser. The other benefit is the comfort of your own home. Being able to relax at home and play. Say goodbye to loud noises, tense atmosphere, or dealing with weird strangers who may try to talk to you or take your money.

Anonymity is a key reason why I like Bitcoin gambling, it saves me from loosing a lot also because my fixed bankroll is what I have in my account and as soon as I loose them I have nothing left unlike fiat where I can easily bet some more. Secondly I'm able to move and save my funds won in my wallet all from the comfort of my laptop.
sr. member
Activity: 574
Merit: 250
September 03, 2017, 01:01:27 AM
#36
The best thing s about Bitcoin casino is the anonymous and easy to set up account without any identity verification and I noticed that Bitcoin casino is the casino that gives free money(faucet) to play the game, you won't find this in traditional casino and it is easy to withdraw and deposit using bitcoin
Yeah people really love to keep hiding their identity when it comes to gambling ,
So when most fiat casino will always ask you for id verification ,
You will feel it was not necessary and you are not okay with ut ,
But with bitcoin you feel you have got protection and completely a freedom.
You’re quite right. There’s a lot of benefits in gambling online. One of those were the anonymity. It can increase feelings of comfort since there is a decreased ability to look for, and thus detect signs of disapproval, or judgment in facial expression. So when losing, no one will actually see the face of the loser. The other benefit is the comfort of your own home. Being able to relax at home and play. Say goodbye to loud noises, tense atmosphere, or dealing with weird strangers who may try to talk to you or take your money.
legendary
Activity: 966
Merit: 1042
September 02, 2017, 11:00:51 PM
#35
It's fast to get in it's fast to get out, it's quick cheap and dirty and for the gambling market it's a perfect fit. What's better about a physical casino with cash? Free drinks I guess.
legendary
Activity: 1484
Merit: 1004
September 02, 2017, 10:57:20 PM
#34
The best thing s about Bitcoin casino is the anonymous and easy to set up account without any identity verification and I noticed that Bitcoin casino is the casino that gives free money(faucet) to play the game, you won't find this in traditional casino and it is easy to withdraw and deposit using bitcoin
Yeah people really love to keep hiding their identity when it comes to gambling ,
So when most fiat casino will always ask you for id verification ,
You will feel it was not necessary and you are not okay with ut ,
But with bitcoin you feel you have got protection and completely a freedom.
hero member
Activity: 1302
Merit: 540
September 02, 2017, 10:54:08 PM
#33
I think It's better to make deposits to your favorite online casino or sportsbook with bitcoin rather than traditional methods like cash and credit cards, based on the reasons below.   
It was true earlier,the transaction fees are not small now and it is not instant access to funds now as it takes some time for the transaction to get through ,i am not a fan of the bonus system in almost all of the gambling sites and usually i do ignore those,anonymity as a gambler is the biggest advantage i see with bitcoin until the transaction gets cheaper and faster.

I don't think Bitcoin transactions are not going to fast and cheaper anytime soon. If you want fast and cheaper then you need to choose altcoins to gamble. Currently, bitcoin transactions are slow and their fees are very high particularly if you plan to do a small amount transactions. As you said, the best feature is anonymity gambling makes to choose bitcoins over fiat gambling.

All bitcoins transactions are improved now we are receiving our bitcoins very quickly after paying a high transaction fee. Yes now the fee rate is increased for the small transaction we need to pay higher amount fee. If you choose a regular or small amount fee, it will take a number of days to receive your bitcoins in your wallet. But playing gambling with bitcoins is far better than playing with fiat currency.
If we are talking about anonymously yeah I will agree to you but if we are talking about just playing gambling its still much better to use fiat since there's a lots of gambling site which is not ready to use bitcoin system  unlike fiat that you can use right away and be accepted.
legendary
Activity: 1092
Merit: 1000
September 02, 2017, 10:17:14 PM
#32
I think It's better to make deposits to your favorite online casino or sportsbook with bitcoin rather than traditional methods like cash and credit cards, based on the reasons below.   
It was true earlier,the transaction fees are not small now and it is not instant access to funds now as it takes some time for the transaction to get through ,i am not a fan of the bonus system in almost all of the gambling sites and usually i do ignore those,anonymity as a gambler is the biggest advantage i see with bitcoin until the transaction gets cheaper and faster.

I don't think Bitcoin transactions are not going to fast and cheaper anytime soon. If you want fast and cheaper then you need to choose altcoins to gamble. Currently, bitcoin transactions are slow and their fees are very high particularly if you plan to do a small amount transactions. As you said, the best feature is anonymity gambling makes to choose bitcoins over fiat gambling.

All bitcoins transactions are improved now we are receiving our bitcoins very quickly after paying a high transaction fee. Yes now the fee rate is increased for the small transaction we need to pay higher amount fee. If you choose a regular or small amount fee, it will take a number of days to receive your bitcoins in your wallet. But playing gambling with bitcoins is far better than playing with fiat currency.
legendary
Activity: 1456
Merit: 1023
September 02, 2017, 08:55:44 PM
#31
I think It's better to make deposits to your favorite online casino or sportsbook with bitcoin rather than traditional methods like cash and credit cards, based on the reasons below.   
It was true earlier,the transaction fees are not small now and it is not instant access to funds now as it takes some time for the transaction to get through ,i am not a fan of the bonus system in almost all of the gambling sites and usually i do ignore those,anonymity as a gambler is the biggest advantage i see with bitcoin until the transaction gets cheaper and faster.

I don't think Bitcoin transactions are not going to fast and cheaper anytime soon. If you want fast and cheaper then you need to choose altcoins to gamble. Currently, bitcoin transactions are slow and their fees are very high particularly if you plan to do a small amount transactions. As you said, the best feature is anonymity gambling makes to choose bitcoins over fiat gambling.
hero member
Activity: 700
Merit: 500
Massive price drop coming...
September 02, 2017, 07:59:52 PM
#30
I think there is no benefits for bitcoin in gambling online but if gambling is illegal in your country it can benefits you..Because you can gamble only in your home and without tracing your money where you get it.. if you are lucky to win bitcoin in gambling you are lucky they can not trace where your money come from when withdrawing. .
The other benefits is i think the price movement because bitcoin price is not stable and i think if you win in gambling and never spend them for a long time you can get more benefits about bitcoin price increased..
hero member
Activity: 1694
Merit: 541
September 02, 2017, 07:46:02 PM
#29
I think It's better to make deposits to your favorite online casino or sportsbook with bitcoin rather than traditional methods like cash and credit cards, based on the reasons below.   
It was true earlier,the transaction fees are not small now and it is not instant access to funds now as it takes some time for the transaction to get through ,i am not a fan of the bonus system in almost all of the gambling sites and usually i do ignore those,anonymity as a gambler is the biggest advantage i see with bitcoin until the transaction gets cheaper and faster.
sr. member
Activity: 1288
Merit: 253
September 02, 2017, 07:41:04 PM
#28
The benefits of gambling using bitcoin is the application of anonymous patterns, I feel very comfortable even though today many are applying kyc on their site, so I also feel comfortable if balance deposit can we transactions to personal wallet first like blockchain, I do not like the pattern of personal money in accounts of gambling sites that use fiat directly connected with a conventional bank. It will be very transparent because my country prohibits gambling.
hero member
Activity: 798
Merit: 503
September 02, 2017, 05:20:40 PM
#27
I think It's better to make deposits to your favorite online casino or sportsbook with bitcoin rather than traditional methods like cash and credit cards, based on the reasons below.   

Smaller transaction fees ( if any )
Almost instant access to funds
Super fast payouts for bitcoin withdrawals
Generous bitcoin deposit bonuses
Anonymity for the discreet gambler.

Do you agree or disagree?

The only one valid to me and why I go for bitcoin gambling is the last one which is anonymity because with that, I could be gambling on my phone, while someone will think I am either playing an android game or just watching video as well as away for the eyes of the societal judges who would want to say their mind in case I am found near the bet shop or site.
full member
Activity: 420
Merit: 101
Earn crypto for being contacted
September 02, 2017, 04:45:58 PM
#26
There are many online gambling sites that use bitcoin as payment,i think the benefits of online gambling with bitcoin are many of them fast withdrawals, no identity and safe compared to regular online gambling,i think is very risky.
hero member
Activity: 812
Merit: 510
September 02, 2017, 03:29:03 PM
#25
Your first 4 reasons are stupid even a normal online wallet like coinbase has those features then why do you want to store your funds on a gambling site which can steal your funds away and is not safer than a online wallet.
The 4th benefit is good it is a anonymity feature for gamblers it has a low house edge and also is anonymous
legendary
Activity: 3290
Merit: 1901
Shuffle.com
September 02, 2017, 07:11:48 AM
#24

Do you agree or disagree?
I disagree with the small transaction fee right now because the network is almost busy everyday. I know there are many bitcoin casinos that accepts different altcoins but for sports betting there's no bitcoin sportsbook that accepts and uses altcoin except for betcoin and they cant be trusted afaik.
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
September 02, 2017, 06:45:46 AM
#23
I think It's better to make deposits to your favorite online casino or sportsbook with bitcoin rather than traditional methods like cash and credit cards, based on the reasons below.   

Smaller transaction fees ( if any )
Almost instant access to funds
Super fast payouts for bitcoin withdrawals
Generous bitcoin deposit bonuses
Anonymity for the discreet gambler.

Do you agree or disagree?

I agree with your given points and with some casino's are even requiring 0 confirmation so you won't be experiencing any problems of delay. Bitcoin gambling is very popular now and as gamblers who doesn't want to expose everything with their info's this is the best choice. And one I like with it is you are very convenient while you gamble on any casino because you  only sit at your home.
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