Topic: The History Of Crypto Gambling - page 2. (Read 523 times)

I understand what you are saying but gambling and cryptocurrencies are a perfect combination which is why this was one of the first industries to adopt cryptocurrencies, we must remember that in many countries gambling is not allowed and if you gamble then you are looked with suspicious eyes, cryptocurrencies allow people to gamble as much as they want without having to reveal their identity and when we add how easy it is to register with a cryptocurrency casino compared to the casinos that accept fiat it is easy to see why this industry grew so quickly.

nowadays faucets pay out a few satoshis per roll and each transaction costs around $5 to be mined in the next 25 blocks, hence the accumulation but back then bitcoins were experimental and mostly miners didn't expect getting paid through fees. I believe 2010 were the days when greedy people started using GPUs to mine more bitcoins so 50BTC were enough for them to enjoy the experimentation. gavin received some really good donations to the wallet amount so it was easier for him to run the faucet without expecting anything in return.

The first sample source code was released by satoshi on November 2008 upon request and first transaction took place on Jan 2009 when the network went live. You need to run your computer all the time to mine bitcoin, so many didn't really do that activity like how miners run today tirelessly and 365 days a year. Gambling with bitcoins had its roots in our forum where people like Xunie experimented bitcoin based gambling stuff since 2010. See this topic for more info : World's FIRST Bitcoin Lottery

Stunna's Prime Dice was powered by a really good high paying signature campaign. I am not sure if there was a signature campaign for Just Dice, but Prime Dice had a higher popularity in forum because of its really good advertising. Signature Campaign impacts started probably because of Stunna's advertising technique in 2013 and we have come a long way since then in sig adverts.

Since 2011, the crypto gambling website slowly growing and become bigger. And from 2013 until now, we see that the gambling business in the crypto grows fast, and people now do not have to worry if they want to gamble using crypto. Crypto gambling site helps people use their money in crypto while they can hide from the other, including their government if in their country. Deny or not, a crypto gambling website helps crypto grow like today, and it will still grow in the future since the site has many options for coins to be used for playing gambling. That can help the gamblers to use coins they like to gamble.

Personally, I get excited about playing different games with what little I have. It's such an exciting time for cryptocurrency, and I hope that everyone will continue to enjoy gambling with it as I do. It's really awesome to see where it's all come from and where it's going.

That's because the other people who used to be gambling outside the crypto industry are now added to those who are playing inside and that's the main reason why the sudden boom of the crypto gambling industry has happened for the past few years. Right now, there are countless of them which emerge lately just to emphasize that they wanted to have some earnings both outside and inside this kind of industry this year.

a gambler is always a gambler. he must have been betting more after that 11K BTC. he could last longer with his strategy. easy money can be lost easily but it should be interesting to know what he actually did to that amount. if he invested in altcoins and win big or simply lose it all in gambling.

primedice is one of the oldest. I'm not seeing it being discussed more in the forum. the loyal players are always going to stick to where unfairness is not experienced.

First time to know Primedice in 2016 And also Bustabit for personal experience. and indeed Dice at that time was the most famous. There were no slots yet because at that time they weren't yet so popular. Primedice will remain only Dice and currently 1 Company with such a large stake because there are various games or sportsbooks available. @OP said someone had hit the 11,000 Bitcoin jackpot. Yes, it is possible that if the user is still holding now, he will have extraordinary wealth

Like others, I'm surprised that there is no mention of PrimeDice.

Even though Stunna's main project right now seems to be Stake.com, PD back in the day was JD's biggest rivals - and they were probably getting more users on a day to day basis compared to a small circle of JD bettors.

I still vividly remember when PD3 came out, that stuff was pure hype.

Probably he might able to sell off those coins into earlier years knowing that it did really make out some pumps after several years but who knows if he had still holding off those
coins up to now and that would really be big in todays price but talking into those years back then it isnt really that much of value basing on USD but still a good nice hit.
I believe that this industry didnt only reach out multi-million but rather billions considering on seeing the demand of gambling stuff then you can really say that it is really
on that certain level.

Op, it's a nice list of the main events, but perhaps adding a little more info based on what was discussed in the thread would be nice. For instance, the first Bitcoin faucet and the first crash game seem important enough. Moreover, why not add the first sportsbook(s) accepting cryptos as well, since betting on sports is also one of the big things discussed on this forum in relation to gambling? And I think it would be nice to add when provably fair games first appeared in casinos (if this info is available), as well as the first casinos which process payments based on Ethereum contracts automatically (they didn't become popular, but it's cool that it's possible to ensure that the winnings will be paid out this way).

I was a player at Satoshidice and Justdice and IIRC, I got some CLAM coins too for playing there and being a part of their website for a long time. Satoshidice was one of my favorite sites where we just used to send our bets and then we either win if the number comes over/under the given slab, and my favorite part was when I get my winnings straight to my Blockchain wallet. Those days, I miss them a lot because they are no longer going to be back again. 

There are really lots of improvements and developments in the crypto gambling industry for years and I'm surprised to know that the first gambling platforms before are still reputable until now. Knowing the history of how crypto and gambling casinos are just living proof that crypto is too convenient for the gambling world. More people are now recognizing crypto more because of its continuous developments.

Not just the first one but indeed the most successful one. The government also have accepted the crypto gambling industry as a whole since they are earning a lot of revenue during the pandemic from them. At the same time normal casinos are also adding cryptocurrencies in their basic system which is new and trending now a days.


I think he sold them all since we have had no news regarding him , if he would have indeed been a multi billionaire blah blah more than that , it would have been all over the news though.

At the same time many sites were sold off to other people and therefore they did stayed over the years but never were able to flourish that well but then again they come and go.

Some of the sites were established back in 2014 but are more renown now. Therefore it's all about completion here. If I remember I was searching for Roobet and they were enlisted in 2014 , I always imagined they were something new lol.

I wonder where is Nakowa now, who won a total of 11,000 Bitcoin, of course, he will not think back then that Bitcoin will be valued 5 digits in the future, this is the largest amount won in a dice game, But Cryptocurrency gambling has evolved into a multi-million dollar industry and one of the main promoters of Cryptocurrency, I figure that hundreds of thousands of gamblers who came here because of Cryptocurrency gambling

the image of the site gives me a noatalgic feeling . faucet in its early days are verry different from now and i like the fact that you can put your address upon claiming so that means you can instantly see what you claim in any wallet ? and they pay for the fees but thats possible because fees before are small due to the small value of btc .

its created in 2008 but it took a year before the first transaction took place ? wow  i think people are too skeptical that time with btc and they are hesitant to try it and then it took over 2 year for a btc powered gambling site to appear . poker is a game that are already popular before in the online world , no wonder why they pick this game to test with btc and eventually they create dice and more gambling games

Freebitcoin has been officially launched in october 2013 according to the date of their ANN



but as it has been already said above Gavin Andresen's faucet is the very first one, he launched it 3 years before


Satoshi himself was immediately amazed by it

I didn't know that either, pretty cool by power switch. And in today's world no poker player could imagine a world without  bitcoins. I came through gambling in online casinos to this forum. For me the mix between learning more about cryptos on this forum and trying out all these different online casinos was awesome. I think most of us here earned some coins through gambling.

It turns out that the history of crypto gambling is quite interesting to know and also thank you for OP providing information on the history of crypto
used to play gambling. And I just found out that the first gambling game that used Bitcoin was poker, then after that Dice. I was late getting to know
crypto gambling, I just started crypto gambling in 2017. Because previously I only focused on playing the faucet, because before 2017 there were
still many legit faucets. But unfortunately now it is difficult to find legit faucets, now what is popping up a lot is crypto gambling.

I didn’t know the first Poker site to accept Bitcoin was PokerSwitch and except that I knew everything else.Of course after 2016 it is history as it is in the year 2017 that Bitcoin made news worldwide by reaching 20.000 Usd for a Bitcoin for the first time.

Just Now that i learn Fortune Jack is one of the Oldest and legit site that welcomes cryptocurrencies and still standing now .
Yeah But must be added in the history because of Being first in the Faucet offering , and up to now their faucet is existing and consistently giving free satoshi.