The first online cryptocurrency Casinos, when/who?

nelson4lov

hero member

Activity: 2212

Merit: 805

Top Crypto Casino

Quote from: uneng on May 01, 2024, 04:42:37 PM

I remember there was an old Bitcoin decentralized casino working through direct bets. There wasn't a personal account with a personal balance for each user. Instead, they sent the bet amount directly as a transaction to the casino wallet, and in case of winning, the casino directly returned another transaction with the prize to the gambler's wallet. It worked nicely, because fees were pretty cheap back then, and it was possible to send small transactions as bets paying low taxes.

However, I'm not sure the name of the betting service, neither if it was the first casino to come online or not. Maybe someone more acknowledged on this matter than me who also reminds this can answer with more accuracy.

I remember the platform as I played there a number of times but like you, I'm not sure about the name. Directbet.eu or something similar is the name. I liked the fact that you didn't need any account registration or KYC or any of that. You just place your bet and get it back if the bet was won. Great concept but right now, something like that won't work because the regulatory restrictions for such platforms is now high as well as transaction costs is almost 5-10x the amount it was back then. Still, it was a fun concept; one that I liked.

NAPK1NS_RA3

member

Activity: 126

Merit: 15

nitro was the first site I used

uneng

hero member

Activity: 2044

Merit: 784

Leading Crypto Sports Betting & Casino Platform

I remember there was an old Bitcoin decentralized casino working through direct bets. There wasn't a personal account with a personal balance for each user. Instead, they sent the bet amount directly as a transaction to the casino wallet, and in case of winning, the casino directly returned another transaction with the prize to the gambler's wallet. It worked nicely, because fees were pretty cheap back then, and it was possible to send small transactions as bets paying low taxes.

However, I'm not sure the name of the betting service, neither if it was the first casino to come online or not. Maybe someone more acknowledged on this matter than me who also reminds this can answer with more accuracy.

alastantiger

sr. member

Activity: 574

Merit: 310

SatoshiDice founded in 2012, the first crypto casinos created. In 2012, I was nowhere near cryptocurrency at that time. This is a good topic created and it is a highly recommended information to have that will be of importance to us unexpectedly someday. In the links that follow, there is a warning on the casino in the thread it was created. I am thinking of what could have driven them out of business. Was it competition, money, regulations etc

Stalker22

legendary

Activity: 1526

Merit: 1359

Yeah, SatoshiDice and BitCoinJack were pretty basic compared to the casinos we see nowadays, but they kicked open the door for Bitcoin gambling. Talking of which, makes me wonder - does anyone happen to know which established online casino was the first to get Bitcoin payments fully set up on their site? Id be curious when they took the plunge to accept crypto.

swogerino

legendary

Activity: 3318

Merit: 1247

Bitcoin Casino Est. 2013

Quote from: ChiBitCTy on May 01, 2024, 10:59:23 AM

Right out of college is when I started to really take gambling more seriously. Well maybe not "seriously" but I started to care more and play more. A close friend I went to school with whom had just finished up law-school wanted to make some extra money and started acting as a bookie. It was great for a while, but he ended up closing down ship "too much work/stress". I had only ever really used Bovada (formerly Bodog) and I knew that when you won, you would receive some shady looking check in the main (IF you ever got it) and it took weeks to months to get to you.

When I found out bitcoin was now available on many online casinos, especially Bovada, the one I had been using for some time, I was THRILLED. Total game changer.

That said, does anyone know when they first came about? What year? Who was first? Etc...

Well the first casino I knew was Stake and Bitcasino and the very moment I joined and saw how easy was to withdraw money without questions being asked I was more than thrilled and loved the way of how fast it was to get the money.I came from bet365 fiat bookie which was great and all and they also did get you money very quickly when you clicked for a cash out yet they had a huge problem,any person who would win over 3000-4000 EUR they immediately frozen their account with ridiculous excuses and that made a lot of persons very angry.I know for sure that a huge amount of people who used to play at bet365 and know Bitcoin they immediately switched over to Bitcoin or crypto casinos without ever looking back.

Alphakilo

sr. member

Activity: 450

Merit: 220

Quote from: ChiBitCTy on May 01, 2024, 11:08:17 AM

Anyone know if Yogg ever helped work on this site? I feel like he did, or perhaps it was some other sort of "satoshi dice" gambling program/website.

The first time I heard about SatoshiDice was when I was research on casinos where people who do not want to gamble can invest in their bankroll. One user created a thread that made me dig into it. This is my second time to read about it in the context of it being one of the first crypto casinos.

I say one of the first because another user already provided a link to a casino that was created a year before Satoshi Dice. The BitCoinJack.com.

Fun fact- Crypto casinos started here on BitcoinTalk forum.

Wapfika

hero member

Activity: 1288

Merit: 564

Bitcoin makes the world go 🔃

Quote from: panjul07 on May 01, 2024, 11:38:23 AM

I tried to look at the last pages in this gambling board, most of them are ponzy scheme site but I found a thread about a gambling site namely bitcoinjack.
The thread created on July 2011, so if Satoshidice was launched in 2012 then this bitcoinjack is older than satoshice.
There is also a thread for a poker site namely bitbetter which was announced in this forum few days before bitcoinjack.
references:
https://bitcointalksearch.org/topic/blackjack-bitcoinjackcom-new-fully-automated-blackjack-bitcoin-based-game-27623
https://bitcointalksearch.org/topic/texas-hold-em-bitpoker-the-bitbetter-24491

To know which casino was the real first crypto casino, I think it is hard because maybe there were some casinos launched before this forum exist.
Google search may not even give the exact information about which casino which was the first one.

Nice find @panjul07, I never thought that Blackjack was already being played back then in an online crypto casino since the first game I know and play here in crypto is only dice so I thought dice game is the first game implemented in crypto casino while Blackjack was introduced recently when the live games becomes popular.

I’m not sure why dice game become more popular back then and Blackjack didn’t continue the hype while it has a potential to go massive since player preferred this game due to 1.5 payment when Blackjack.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

A simple search resulted in this website having some lists:
https://www.cryptolists.com/learn/bitcoin-casino-history/

It says that in 2012 the first bitcoin casino that was launched was satoshi-dice. It is safe to say that rest of them came out after this one. I remember back in 2016 when I joined, yolodice was going to get shut down in the next few years while primedice was going to the top with bitsler being the upcoming popular one.

Above site gives a lot of insight in the early days, worth a read.

Edit: Oshosondy has already linked it, but that text after the link made me scroll past it. Grin

panjul07

legendary

Activity: 3500

Merit: 1354

I tried to look at the last pages in this gambling board, most of them are ponzy scheme site but I found a thread about a gambling site namely bitcoinjack.
The thread created on July 2011, so if Satoshidice was launched in 2012 then this bitcoinjack is older than satoshice.
There is also a thread for a poker site namely bitbetter which was announced in this forum few days before bitcoinjack.
references:
https://bitcointalksearch.org/topic/blackjack-bitcoinjackcom-new-fully-automated-blackjack-bitcoin-based-game-27623
https://bitcointalksearch.org/topic/texas-hold-em-bitpoker-the-bitbetter-24491

To know which casino was the real first crypto casino, I think it is hard because maybe there were some casinos launched before this forum exist.
Google search may not even give the exact information about which casino which was the first one.

cabron

hero member

Activity: 2800

Merit: 595

https://www.betcoin.ag

Bovada wasn't a crypto casino from the beginning. It was all fiat I don't know when it started accepting BTC but the casino was already popular even in other forums, Bovada is mentioned all the time. They seem to be stealing the show and converting fiat users these days.

Quote from: Oshosondy on May 01, 2024, 11:03:20 AM

The casino founded in 2012 called SatoshiDice was what I saw to be the first bitcoin casino when I make research about it.

Quote from: https://www.cryptolists.com/learn/bitcoin-casino-history/#:~:text=SatoshiDice%3A%20SatoshiDice%20was%20launched%20in,casino%2C%20founded%20by%20Erik%20Voorhees.

SatoshiDice: SatoshiDice was launched in April 2012 and is considered to be the first operational Bitcoin casino, founded by Erik Voorhees.

If you want to know more about the history of the first bitcoin casinos, you can read what is on this link https://www.cryptolists.com/learn/bitcoin-casino-history/#:~:text=SatoshiDice%3A%20SatoshiDice%20was%20launched%20in,casino%2C%20founded%20by%20Erik%20Voorhees.

Cool Trivia. I guess that's the first game we all have tried in crypto as well. The first game I played in crypto was also dice. I have not tried SatoshiDice the one that has become very popular is the primedice though. Still exists to this day.

dimonstration

hero member

Activity: 2716

Merit: 698

Dimon69

Quote from: ChiBitCTy on May 01, 2024, 11:08:17 AM

Quote from: Oshosondy on May 01, 2024, 11:03:20 AM

The casino founded in 2012 called SatoshiDice was what I saw to be the first bitcoin casino when I make research about it.

Quote from: https://www.cryptolists.com/learn/bitcoin-casino-history/#:~:text=SatoshiDice%3A%20SatoshiDice%20was%20launched%20in,casino%2C%20founded%20by%20Erik%20Voorhees.

SatoshiDice: SatoshiDice was launched in April 2012 and is considered to be the first operational Bitcoin casino, founded by Erik Voorhees.

Oh that's right! I'm a fool, I remember just reading about it in Digital Gold. I bought that book years ago, and remember reading it on a long flight. I remember thinking it was fascinating, but didn't know much about the tech at the time nor the people. I'm actually staring at the book right now on my coffee table. I was telling a buddy about it over the weekend and how he should buy it. I skimmed through it and started reading it again, and that came up (SatoshiDice). It's also so cool to have gotten to know so many of the pioneers featured in that book. Would have never imagine that happening looking back.

Anyone know if Yogg ever helped work on this site? I feel like he did, or perhaps it was some other sort of "satoshi dice" gambling program/website.

I’m not sure for the involvement of Yogg on this website but you can visit their official ANN thread https://bitcointalksearch.org/topic/satoshidicecom-the-worlds-most-popular-bitcoin-game-77870 to check whether Yogg made a contact with them through discussion. They exist and active in this forum until 2020 before they become inactive after multiple unresolved issue.

I believe they will be the longest running casino if ever they upgrade their website to full casino just like what Primedice did when they introduced the Stake brand.

ChiBitCTy

legendary

Activity: 2282

Merit: 3014

Quote from: Oshosondy on May 01, 2024, 11:03:20 AM

The casino founded in 2012 called SatoshiDice was what I saw to be the first bitcoin casino when I make research about it.

Quote from: https://www.cryptolists.com/learn/bitcoin-casino-history/#:~:text=SatoshiDice%3A%20SatoshiDice%20was%20launched%20in,casino%2C%20founded%20by%20Erik%20Voorhees.

SatoshiDice: SatoshiDice was launched in April 2012 and is considered to be the first operational Bitcoin casino, founded by Erik Voorhees.

Oh that's right! I'm a fool, I remember just reading about it in Digital Gold. I bought that book years ago, and remember reading it on a long flight. I remember thinking it was fascinating, but didn't know much about the tech at the time nor the people. I'm actually staring at the book right now on my coffee table. I was telling a buddy about it over the weekend and how he should buy it. I skimmed through it and started reading it again, and that came up (SatoshiDice). It's also so cool to have gotten to know so many of the pioneers featured in that book. Would have never imagine that happening looking back.

Anyone know if Yogg ever helped work on this site? I feel like he did, or perhaps it was some other sort of "satoshi dice" gambling program/website.

Oshosondy

legendary

Activity: 1624

Merit: 1200

Gamble responsibly

The casino founded in 2012 called SatoshiDice was what I saw to be the first bitcoin casino when I make research about it.

Quote from: https://www.cryptolists.com/learn/bitcoin-casino-history/#:~:text=SatoshiDice%3A%20SatoshiDice%20was%20launched%20in,casino%2C%20founded%20by%20Erik%20Voorhees.

SatoshiDice: SatoshiDice was launched in April 2012 and is considered to be the first operational Bitcoin casino, founded by Erik Voorhees.

If you want to know more about the history of the first bitcoin casinos, you can read what is on this link https://www.cryptolists.com/learn/bitcoin-casino-history/#:~:text=SatoshiDice%3A%20SatoshiDice%20was%20launched%20in,casino%2C%20founded%20by%20Erik%20Voorhees.

ChiBitCTy

legendary

Activity: 2282

Merit: 3014

Right out of college is when I started to really take gambling more seriously. Well maybe not "seriously" but I started to care more and play more. A close friend I went to school with whom had just finished up law-school wanted to make some extra money and started acting as a bookie. It was great for a while, but he ended up closing down ship "too much work/stress". I had only ever really used Bovada (formerly Bodog) and I knew that when you won, you would receive some shady looking check in the main (IF you ever got it) and it took weeks to months to get to you.

When I found out bitcoin was now available on many online casinos, especially Bovada, the one I had been using for some time, I was THRILLED. Total game changer.

That said, does anyone know when they first came about? What year? Who was first? Etc...

Topic: The first online cryptocurrency Casinos, when/who? (Read 117 times)