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Topic: The History Of Crypto Gambling (Read 576 times)

sr. member
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March 05, 2021, 03:14:56 AM
#73
I was looking for Freebitco.in ,Why they are not recorded in the History of your post?

Freebitco.in is the first Gambling in crypto that offers faucet right?

Sorry please enlighten me if i miss something.
I am pretty sure the post of the OP is not meant to be an exhaustive recollection of the gambling history in the market of cryptocurrencies, he probably missed some companies and developments but that is not really that important,
Yeah I get it ,though i was just trying to impose what i think is one of the first in order to compile everything for Bitcointalk record Thread, But Thanks for the clear correction .
Quote
what matters is this industry had very humble beginnings and now it is a huge industry which is probably only behind exchanges in this market, and taking into account that gambling is so popular all around the world then it is natural to think this interest will keep growing.
Correct , they even having their own Token now in which FUN token , I have been playing in that site for long now and until now i still enjoy their faucet though it reduced my freebies to 1 satoshi per roll  Grin Grin Grin
legendary
Activity: 2534
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March 04, 2021, 07:53:41 PM
#72
I was looking for Freebitco.in ,Why they are not recorded in the History of your post?

Freebitco.in is the first Gambling in crypto that offers faucet right?

Sorry please enlighten me if i miss something.
I am pretty sure the post of the OP is not meant to be an exhaustive recollection of the gambling history in the market of cryptocurrencies, he probably missed some companies and developments but that is not really that important, what matters is this industry had very humble beginnings and now it is a huge industry which is probably only behind exchanges in this market, and taking into account that gambling is so popular all around the world then it is natural to think this interest will keep growing.
legendary
Activity: 1526
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March 04, 2021, 04:11:24 AM
#71
I see that OP missed the mention of Crypto-Games as the first casino to implement altcoins payments in August 2014. Given that the casino is still alive and kicking, I think it deserves its place in this short review of Crypto Gambling History.
hero member
Activity: 2688
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DGbet.fun - Crypto Sportsbook
March 03, 2021, 05:58:10 PM
#70
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.


I guess your excitement stems from your gambling habits, I suppose? Though gambling in general makes you feel the adrenaline of either winning/losing. Personally, I would avoid gambling my btcs for the moment especially that the prices are high on the market currently.

Yeah. As I have said in another topic, as long as you stick to a small and reasonable percentage of your bankroll, you'll have an easier time overcoming missteps. Yes, you can have some fun here and there, but you're not in there playing with your life savings.

Thats the most important thing you should consider or must do even how bad the situation will happen or possibilities but still you are confident because you do know that
you arent really risking out your life savings or money which are intended for other expenses in life or simply allocated into more important things than gambling.
Always set out limits because this one will really be helpful as a the times goes by.Dont tend to chase losses even if you suffered from that because you would
really be just messing out the entire situation even more if you do let yourself get caught into that certain state.
sr. member
Activity: 1918
Merit: 370
March 03, 2021, 05:55:16 PM
#69
Bitcoin has gone a long way from being a basically dirt-cheap asset that can barely buy a pizza to one of the biggest assets out there that also created opportunities and a whole new niche in the trading business. So when people say that bitcoin is not the future, or that bitcoin will die in a few years or so, I simply laugh at them knowing that this cryptocurrency weathered multiple storms and crashes in the span of its lifetime.
legendary
Activity: 1526
Merit: 1359
March 03, 2021, 01:04:46 PM
#68
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.


I guess your excitement stems from your gambling habits, I suppose? Though gambling in general makes you feel the adrenaline of either winning/losing. Personally, I would avoid gambling my btcs for the moment especially that the prices are high on the market currently.

Yeah. As I have said in another topic, as long as you stick to a small and reasonable percentage of your bankroll, you'll have an easier time overcoming missteps. Yes, you can have some fun here and there, but you're not in there playing with your life savings.
hero member
Activity: 2268
Merit: 789
March 03, 2021, 11:04:59 AM
#67
This is very interesting to see about the history of crypto gambling and on how it started.

The moment that bitcoin was already starting, some businessmen ventured into creating gambling websites because they foreshadowed its popularity beforehand. It is, however, very unfortunate that lots of fraud involving loss of BTC happened during the timeline. This is kind to be expected due to the nature of existing on the realm of the internet, where hackings are very prominent.

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.


I guess your excitement stems from your gambling habits, I suppose? Though gambling in general makes you feel the adrenaline of either winning/losing. Personally, I would avoid gambling my btcs for the moment especially that the prices are high on the market currently.
sr. member
Activity: 2380
Merit: 366
March 03, 2021, 08:16:56 AM
#66
Fortune Jack is in the History ? wow that's great to hear , while there are many sites advertised in this forum .

All crypto gambling sites are part of the crypto gambling history. Fortune Jack came earlier than others but it was around 2 years later after the first crypto gambling site was launched and around 3 years after Bitcoin was first accepted by a poker site.

Quote
So all in all what is the first ever gambling Dice game that accept Bitcoin ? or at least crypto currency?

Is it Just Dice?

It was in 2012 by Satoshi Dice. But Satoshi Dice was not the first ever gambling site which accepted crypto. As already said, a poker site company-Switchpoker.com already accepted Bitcoin payment before that.
legendary
Activity: 2660
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March 03, 2021, 03:51:50 AM
#65
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
I am sure since he was a gambler he must have lost some other day all the coins and now might be sitting in a corner under a table wondering what he did, only if anyone of us knew the price would be what it is today .. just crazy to think about it. I have lost 0.01BTC for fun in past on gambling and now it hurts to even think about it.

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.
The profits for these casinos are insane and some of the casinos are running illegally which means they don't even have to pay taxes on the money collected from players.

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.  Undecided
Yeah, those golden times when transactions were cheap and fast hence we were able to send coins and the money came back to our wallet directly after the result of the bet, if my memory serves me right.
full member
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“FRX: Ferocious Alpha”
March 02, 2021, 01:03:04 AM
#64
Fortune Jack is in the History ? wow that's great to hear , while there are many sites advertised in this forum .

_________________________________________________________

So all in all what is the first ever gambling Dice game that accept Bitcoin ? or at least crypto currency?

Is it Just Dice?
hero member
Activity: 2926
Merit: 640
March 02, 2021, 12:27:28 AM
#63
3. In August 2011 first ever Poker Site came to accept bitcoins as a source of payment (company-Switchpoker.com)
Wow, I was under the impression that satoshidice was the first ever gambling casino in bitcoin history but I am glad there was Switchpoker even before them.

9. Bitcasino.io registered themselves in Feb 2014 , so it was like the first licence ever given to a bitcoin casino.
It increases my respect towards sportsbet.io and bitcasino.io even more after knowing that they were the first licensed casino and since sportsbet.io is also from the same owners, I actually feel proud that I bet there. After directbet.eu closed, I think sportsbet is the closest to them in terms of popularity.

If I am not wrong, FJ even had a coin converter when I first used them and they accepted a long list of coins and the ability to convert coins was quite amazing.
legendary
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Undeads.com - P2E Runner Game
March 01, 2021, 12:13:36 PM
#62
I was looking for Freebitco.in ,Why they are not recorded in the History of your post? Freebitco.in is the first Gambling in crypto that offers faucet right?

Sorry please enlighten me if i miss something.

Because that was on the "and the rest is history" part.

And freebitco.in is originally a faucet, not a gambling site.

IIRC, the gambling part like dice, sports betting are added features while they are in progress.
legendary
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Hhampuz for Campaign management
March 01, 2021, 10:12:00 AM
#61
Nice information OP, however, if a gamblers focus in the past is just to gamble without having an interest to invest, they could enjoy the current price. Fees before are very cheap and transaction is faster, but now is different, it's time for altcoins to be expose and use as a currency for gambling purposes.

When I was new, the sites that I'm familiar with are PD, satoshidice, directbet and nitrogensports, now the crypto gambling industry are already filled with a big number of gambling sites and that is a healthy competition that will benefit us.
legendary
Activity: 3542
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Leading Crypto Sports Betting & Casino Platform
March 01, 2021, 06:41:54 AM
#60
Yea.... but I think sites like PrimeDice.com and Freebitco.in put dice gaming on the map. They have been around for ages and they were frequently visited by newbies for the faucets and the bitcoin to gamble on these sites.

I think Bitcasino.io opened the door to "licensed" casinos to enter the scene, but they are not the most popular casino out there anymore. Crypto casinos was not supposed to "kill" the pseudo anonymity of it's users, but with licensing comes rules and KYC regulations and that killed the anonymity.  Sad
sr. member
Activity: 2618
Merit: 439
March 01, 2021, 06:13:25 AM
#59
I was looking for Freebitco.in ,Why they are not recorded in the History of your post?

Freebitco.in is the first Gambling in crypto that offers faucet right?

Sorry please enlighten me if i miss something.
legendary
Activity: 2296
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March 01, 2021, 03:55:03 AM
#58
Today Crypto casino's becomes more regulated than before but it doesn't make crypto unusable in gambling in fact there are still new casinos that are launching and the OG's of Crypto Casinos are still functioning.
How can you tell that crypto casinos are more regulated nowadays than they were, say, a year ago? Do you have any examples?

I only know of regulation measures at online casinos that have existed as FIAT casinos for a long time and now also want to offer cryptos as a means of payment. Due to the close ties to FIAT, however, KYC, AML5 and co. were already in use at such casinos, for example! I would not have noticed a large "regulation movement" at common crypto-only casinos yet. If it once is mandatory that also crypto casinos for example require KYC, then many would probably have to close their doors.
legendary
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Enterapp Pre-Sale Live - bit.ly/3UrMCWI
March 01, 2021, 03:35:17 AM
#57
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.
I agree with this, Gambling using crypto plays a big part in making cryptocurrency grow. Actually, there are people that have discovered cryptocurrency because of gambling. Cryptocurrency like bitcoin, eth, and others shares the same qualities that gamblers want which are anonymity, decentralized, and freedom to use it. Today Crypto casino's becomes more regulated than before but it doesn't make crypto unusable in gambling in fact there are still new casinos that are launching and the OG's of Crypto Casinos are still functioning.
sr. member
Activity: 2436
Merit: 455
March 01, 2021, 03:06:14 AM
#56
Never knew that some of the gambling platforms are extremely old in the world of crypto. I just thought that Fortunejack started sometime in 2016, though they were around much longer than that. Also, I guess you can include some faucets that integrated some form of gambling on their platform to attract more people? Like freebitco.in which has dice on their faucet for as long as I can remember. I remember having tried playing in 2014 on that faucet and losing it all. It wasn't worth much but that was my first experience in crypto gambling, and I liked the experience.
Yeah and from what I remember freebitco.in is also the first faucet who ever existed here in crypto world (correct me if I'm wrong) also I've been hearing about Satoshi Dice somewhere last year but didn't know it was one of the first gambling platform that existed in this whole time...
Well I guess, it is only FortuneJack what I know best on that list and been playing with it until now.
So it's been a pleasure to use a platform that has been one to be considered a history

I could say the same. When I started in cryptocurrency way back 2016, freebitco is the first faucet that gave me free satoshis, and I also play gambling that time on their dice. I just keep sharing up my referral in social media that time in order to earn more satoshi every free roll, if I'm not mistaken, it is every hour. Next is Betkong and Bitsler, and the next is history as well, can't remember it all. As you all can see now, cryptocurrency gambling sites are spreading more and more all over the world every single day because of cryptocurrency's influence to people and countries.

E D I T: I'm not promoting the said faucet site and gambling sites
member
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March 01, 2021, 01:51:50 AM
#55
Safe to say that cryptocurrency has became a gambler's paradise. Competition is what interests us humans. Combine that with money, the internet, and cryptocurrency is icing on the cake.

Transactions happen in an instant and at the same time we're also finding a way our fast track to riches. Gambling has been a mainstay since the birth of Bitcoin and its amazing to see how developers have gotten good to improve both.

In my opinion, gambling is one of the best use of cryptos and there's always room to innovate and as long as there's money wagering on it, no dilemma is difficult to solve.
sr. member
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Leading Crypto Sports Betting & Casino Platform
March 01, 2021, 01:30:26 AM
#54
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.
The people could have used their crypto in making more money instead of wasting it on gambling hoping to hit the big win but we all know that the only time that it will happen is when the Goddess of Luck smiles upon you or me. I was once an addict in gambling and good thing that I realized that overtime the money that I spent and the profit that I get will only go down, I agree that crypto gambling will grow. I wouldn't really say they help people, it is more of exploiting people of their crypto.
legendary
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March 01, 2021, 01:05:11 AM
#53
what we can conclude here, is that gambling industry is the first ones to adopt the usage of cryptocurrencies. and look at where we are now,

I'm not sure this is a good things to be proud of. I would prefer some more merchant-based (but not an illegal examples like history with SilkRoad). But whatever, at least something  Tongue

And now we have a lot of casinos because of what i said in some another topic - this is very easy to launch them since you don't need any registration in crypto world.


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.
legendary
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Heisenberg Design Services
February 28, 2021, 02:24:47 PM
#52
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 .
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.

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.
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

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.
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.
hero member
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Leading Crypto Sports Betting & Casino Platform
February 28, 2021, 08:26:02 AM
#51
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.
legendary
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February 28, 2021, 07:31:47 AM
#50
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.
hero member
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You own the pen
February 28, 2021, 02:43:59 AM
#49
With comparison to the starting days, the growth is tremendous. Now this has been a big market for cryptocurrency. Specific percentage of cryptocurrencies circulation happens through the gambling sites which makes the market stronger. The very first site being bitcasino.io is really an unexpected information. Lets dig more history from the beginning days.

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.
legendary
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February 27, 2021, 11:32:26 PM
#48


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


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.
hero member
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Leading Crypto Sports Betting & Casino Platform
February 27, 2021, 10:45:11 PM
#47
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
hero member
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February 27, 2021, 09:31:03 PM
#46
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.
legendary
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February 27, 2021, 12:56:28 PM
#45
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
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.
legendary
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February 27, 2021, 12:20:10 PM
#44
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).
legendary
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February 27, 2021, 12:02:09 PM
#43
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.  Undecided
full member
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February 27, 2021, 11:24:13 AM
#42
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.
hero member
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February 27, 2021, 11:09:50 AM
#41
You forgot about satoshidice . As i remember, this was the oldest dice gambling crypto platform, which was launched in 2013 (or even earlier, lol). Earlier than many of other casinos, like Sportsbet you've mentioned in your OP topic.

Oh yeah, here it is
Quote
SatoshiDice was launched on April 18, 2012.

The first one dice crypto site.

what we can conclude here, is that gambling industry is the first ones to adopt the usage of cryptocurrencies. and look at where we are now, still new casinos are being launched everyday. we have seen that one major use case of crypto is in the gambling industry. and one of the industries that was not affected by the pandemic. instead of slowing down, this has grown a lot in the previous months. i guess, this industry is the one that benefited from this pandemic crisis because even some of the fiat-based casinos are now accepting crypto to adopt the current trend.

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 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

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.

legendary
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February 27, 2021, 08:51:22 AM
#40
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
full member
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February 27, 2021, 07:30:41 AM
#39
Histories has always been interesting particularly in terms of bitcoin. Today each BTC is nearly $50k but 10 years back gavin gave 5BTC for each visitor  

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 .

1. Bitcoins were created back in 2008
2. First transaction took place in January 2009
3. In August 2011 first ever Poker Site came to accept bitcoins as a source of payment
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
legendary
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February 27, 2021, 07:27:01 AM
#38
Yeah and from what I remember freebitco.in is also the first faucet who ever existed here in crypto world (correct me if I'm wrong) also I've been hearing about Satoshi Dice somewhere last year but didn't know it was one of the first gambling platform that existed in this whole time...
Well I guess, it is only FortuneJack what I know best on that list and been playing with it until now.
So it's been a pleasure to use a platform that has been one to be considered a history
I was also about to mention that.
Freebitco.in was one of the longest when it comes to faucet but administered with gambling too.
Back then, I dice my accumulated bitcoin from faucets or I would buy tickets for the lotto game.  Cheesy

As soon as I hit one small jackpot I took it out. I think it was way back 2015 but I don't know what date their inception is.
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

For my first Bitcoin coding project, I decided to do something that sounds really dumb:  I created a web site that gives away Bitcoins.   It is at: https://freebitcoins.appspot.com/

Five ฿ per customer, first come first served, I've stocked it with ฿1,100 to start.  I'll add more once I'm sure it is working properly.

Why?  Because I want the Bitcoin project to succeed, and I think it is more likely to be a success if people can get a handful of coins to try it out.  It can be frustrating to wait until your node generates some coins (and that will get more frustrating in the future), and buying Bitcoins is still a little bit clunky.

Please try it out and get some free coins, even if you already have more Bitcoins than you know what to do with.  You can get some and then donate them right back; the address is: 15VjRaDX9zpbA8LVnbrCAFzrVzN7ixHNsC

Satoshi himself was immediately amazed by it

Excellent choice of a first project, nice work.  I had planned to do this exact thing if someone else didn't do it, so when it gets too hard for mortals to generate 50BTC, new users could get some coins to play with right away.  Donations should be able to keep it filled.  The display showing the balance in the dispenser encourages people to top it up.

You should put a donation bitcoin address on the page for those who want to add funds to it, which ideally should update to a new address whenever it receives something.
hero member
Activity: 1974
Merit: 534
February 27, 2021, 07:07:20 AM
#37
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.

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.
sr. member
Activity: 1876
Merit: 318
February 27, 2021, 06:35:29 AM
#36
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.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
February 27, 2021, 05:49:58 AM
#35
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.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
February 27, 2021, 04:59:45 AM
#34
Just Now that i learn Fortune Jack is one of the Oldest and legit site that welcomes cryptocurrencies and still standing now .
Yeah and from what I remember freebitco.in is also the first faucet who ever existed here in crypto world (correct me if I'm wrong) also I've been hearing about Satoshi Dice somewhere last year but didn't know it was one of the first gambling platform that existed in this whole time...
Well I guess, it is only FortuneJack what I know best on that list and been playing with it until now.
So it's been a pleasure to use a platform that has been one to be considered a history
I was also about to mention that.
Freebitco.in was one of the longest when it comes to faucet but administered with gambling too.
Back then, I dice my accumulated bitcoin from faucets or I would buy tickets for the lotto game.  Cheesy

As soon as I hit one small jackpot I took it out. I think it was way back 2015 but I don't know what date their inception is.
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.
sr. member
Activity: 1414
Merit: 326
February 27, 2021, 04:41:57 AM
#33
Gambling platforms improve starting with a lot of fun and small jackpot rounds. Freebitco is very easy in the gambling community where everyone easily bets on their casinos by resolving the issue of player trust in game providers trueplay helps eliminate the risks associated with responsible gaming the platform will provide an opportunity to control game addiction and prevent players from overstepping the bounds. In addition suppliers will have built in functionality for monitoring and licensing accounting.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
February 27, 2021, 04:15:28 AM
#32
Yeah and from what I remember freebitco.in is also the first faucet who ever existed here in crypto world (correct me if I'm wrong) also I've been hearing about Satoshi Dice somewhere last year but didn't know it was one of the first gambling platform that existed in this whole time...
Well I guess, it is only FortuneJack what I know best on that list and been playing with it until now.
So it's been a pleasure to use a platform that has been one to be considered a history
I was also about to mention that.
Freebitco.in was one of the longest when it comes to faucet but administered with gambling too.
Back then, I dice my accumulated bitcoin from faucets or I would buy tickets for the lotto game.  Cheesy

As soon as I hit one small jackpot I took it out. I think it was way back 2015 but I don't know what date their inception is.
hero member
Activity: 2520
Merit: 783
February 27, 2021, 03:32:34 AM
#31
Satoshidice is a bch casino now though, isn't it? I wonder how this happened. If Roger bought the business or this is the owner's honest opinion on bitcoin. (bch being the real one)

Also don't forget directbet.eu.

I liked them a lot.

I'm also curious about on why Satoshi Dice select to shift on BCH and maybe they are been influenced by Roger or they see something good about adopting it and I don't find any related article to give the reasons on why the dev do that.

The only theory we can speculate to that is maybe someone from BCH huge supporter bough Satoshi Dice or maybe Roger Ver do it to expand the influence of BCH and make the bitcoin supporters curious about those events.
legendary
Activity: 3038
Merit: 1169
February 27, 2021, 03:09:49 AM
#30
That is a lot to take but it is simply the reality of how bitcoin gambling started and don't forget another crypto's to be included on any gambling site,

I surely now know the history of Bitcoin and how people try to revolutionize it and turn it into something we could never think of and I think it is all thanks to Blockchain technology if it isn't for that ledger tech, people would not realize the potential for cryptocurrency,

I would personally what to know what the pizza guy would think and feel if he learned that the currency he used to buy 2 boxes of pizza now turn into a whole lot of treasure right now and just like the history of gambling the history of the first purchase for Bitcoin was on May 22, 2010, and I would like to share that story.

https://www.youtube.com/watch?v=j28hkTJMuTA
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 27, 2021, 12:25:15 AM
#29
Worth to read for every crypto gambling community members, such an interesting thing to know that cryptos were used for gambling in the year 2012 itself which is like the first ever platform to use cryptocurrency more regularly?

And now after a decade we have 100s of awesome gambling sites with multiple games to bet on.
full member
Activity: 1638
Merit: 122
February 27, 2021, 12:11:03 AM
#28
verry interesting facts .
i recognized the 4 casinos in the story but not the poker because i havent seen that appeared in this forum or maybe it did appeared but there are no comebacks that have been made because other casino revive their old ann threads and starting to re launch a new campaign and you didnt include primedice , freebitco , 777 coin, bitvest and few more old casinos because i think they also started way back 2013 and 2014 .
legendary
Activity: 1584
Merit: 1280
Heisenberg Design Services
February 26, 2021, 11:24:59 PM
#27
Haven't heard of this ever since I enter the world of Crypto, seems like my knowledge on history aren't sufficient (more to be discovered)
Anyways thanks for correcting me. BTW i tried to click the link of yours but it takes me on nothing...
or it has been long gone?

Just hoping I could see on how does the platform looks like as it was my first time hearing it.
Histories has always been interesting particularly in terms of bitcoin. Today each BTC is nearly $50k but 10 years back gavin gave 5BTC for each visitor  Cheesy You can find more interesting historical facts in my topic which I created 2 years back : Story of the Firsts - The events which triggered everything

Regarding the unavailability of website, I think the faucet was closed back in 2011 when bitcoins rised in prices. I tried the same website in archive.org to find some evidences and got to know there were screen captures existed. Here was how the website functioned in 2010 : https://web.archive.org/web/20100703032414/https://freebitcoins.appspot.com/

legendary
Activity: 2604
Merit: 2353
February 26, 2021, 11:10:30 PM
#26
- Moneypot ( now called bustabit) the first crash game ever by Espringe
I thought RHavar was the original inventor of the famous crash game but you seem to be right in fact, according to this post he "only" bought it and improved it.

I thought espringe invented wallet also because the thread where he sold it, there was said moneypot wallet. It was maybe in 2014 year.

The original "moneypot" was actually a game, and had nothing to do with "the gambling wallet". I purchased "moneypot the game" which came with the moneypot.com domain, and was working on a "gambling wallet" service (which at the time, I called "vault"). But I found the name "moneypot" was more suitable for the gambling wallet than the game, so what I did was rebrand "moneypot the game" as "bustabit". And launched "vault" as "moneypot the gambling wallet".  And then later sold moneypot.com (which at this time was the gambling wallet project).

So yeah, it's a bit of a confusing history  Grin
hero member
Activity: 2366
Merit: 594
February 26, 2021, 09:51:53 PM
#25
Crypto gambling industry boomed because of the convenience it gave to people. Many like to gamble and doing it at home on their phone or laptop is a big change. Add to that is privacy, they can go to a gambling platform without exposing their real identity. Though some gambling websites now require KYC but there are still some where you can gamble freely. You don't even need a big amount to play on those platforms unlike in real casinos where a minimum amount is required to play and is already big for some people.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
February 26, 2021, 09:39:32 PM
#24
Yes, Satoshi Dice turned into an exclusive bitcoin cash casino nowadays.
In addition to this SatoshiDice is currently under Bitcoinvideocasino's ownership as the site is linked on the side of their casino page and there's also this post of approval from their official forum account.

I'm not sure if Roger Ver encouraged them to use BCH but there was a partnership thing going on between them based on this interview.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
February 26, 2021, 06:34:05 PM
#23
With comparison to the starting days, the growth is tremendous. Now this has been a big market for cryptocurrency. Specific percentage of cryptocurrencies circulation happens through the gambling sites which makes the market stronger. The very first site being bitcasino.io is really an unexpected information. Lets dig more history from the beginning days.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
February 26, 2021, 05:57:14 PM
#22
You forgot about satoshidice . As i remember, this was the oldest dice gambling crypto platform, which was launched in 2013 (or even earlier, lol). Earlier than many of other casinos, like Sportsbet you've mentioned in your OP topic.

Oh yeah, here it is
Quote
SatoshiDice was launched on April 18, 2012.

The first one dice crypto site.

what we can conclude here, is that gambling industry is the first ones to adopt the usage of cryptocurrencies. and look at where we are now, still new casinos are being launched everyday. we have seen that one major use case of crypto is in the gambling industry. and one of the industries that was not affected by the pandemic. instead of slowing down, this has grown a lot in the previous months. i guess, this industry is the one that benefited from this pandemic crisis because even some of the fiat-based casinos are now accepting crypto to adopt the current trend.
I’m probably sure that some other project also started adopting Bitcoin at that time like exchanges, and other for of services aside from gambling.

IMO, the crypto gambling industry still has a lot of room for new gamblers, that crowded word never happen because the adoption continues and we have to remember that crypto is still on the early stage as evidence but its very high price volatility.


Quote
Anyway, winning such amount of money in gambling today is very impossible to happen, its also good to know how crypto gambling started, and now we’re almost see crowded gambling site.
It maybe possible for whales though.. but chance is probably like 1% as trusting the site with a huge bet is already putting your money at big risk and I don't know if there are gambling sites that has 11k of bitcoin in their wallet.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
February 26, 2021, 05:46:20 PM
#21
That's knowledgeable trivia, thank you for sharing this.

If you will check this forum on the last page in a gambling site, (pages 252) there's a lot of gambling that I don't know if until now exist and I guess, we only know those who are operating long time ago and until now.

I can't imagine if I am the one who won thousands of bitcoin and until now I have that amount of bitcoin, I guess, I am a part of a whale at this moment. Is Satoshi Nakamoto did have a plan to have his own gambling site? If that Satoshi dice founded at the year 2009, I guess I will suspect that belongs to the bitcoin creator.
full member
Activity: 2128
Merit: 180
February 26, 2021, 05:46:13 PM
#20
You forgot about satoshidice . As i remember, this was the oldest dice gambling crypto platform, which was launched in 2013 (or even earlier, lol). Earlier than many of other casinos, like Sportsbet you've mentioned in your OP topic.

Oh yeah, here it is
Quote
SatoshiDice was launched on April 18, 2012.

The first one dice crypto site.

what we can conclude here, is that gambling industry is the first ones to adopt the usage of cryptocurrencies. and look at where we are now, still new casinos are being launched everyday. we have seen that one major use case of crypto is in the gambling industry. and one of the industries that was not affected by the pandemic. instead of slowing down, this has grown a lot in the previous months. i guess, this industry is the one that benefited from this pandemic crisis because even some of the fiat-based casinos are now accepting crypto to adopt the current trend.
I’m probably sure that some other project also started adopting Bitcoin at that time like exchanges, and other for of services aside from gambling. Anyway, winning such amount of money in gambling today is very impossible to happen, its also good to know how crypto gambling started, and now we’re almost see crowded gambling site.
legendary
Activity: 2436
Merit: 1849
Crypto for the Crypto Throne!
February 26, 2021, 05:42:28 PM
#19
what we can conclude here, is that gambling industry is the first ones to adopt the usage of cryptocurrencies. and look at where we are now,

I'm not sure this is a good things to be proud of. I would prefer some more merchant-based (but not an illegal examples like history with SilkRoad). But whatever, at least something  Tongue

And now we have a lot of casinos because of what i said in some another topic - this is very easy to launch them since you don't need any registration in crypto world.

legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
February 26, 2021, 05:37:12 PM
#18
You forgot about satoshidice . As i remember, this was the oldest dice gambling crypto platform, which was launched in 2013 (or even earlier, lol). Earlier than many of other casinos, like Sportsbet you've mentioned in your OP topic.

Oh yeah, here it is
Quote
SatoshiDice was launched on April 18, 2012.

The first one dice crypto site.

what we can conclude here, is that gambling industry is the first ones to adopt the usage of cryptocurrencies. and look at where we are now, still new casinos are being launched everyday. we have seen that one major use case of crypto is in the gambling industry. and one of the industries that was not affected by the pandemic. instead of slowing down, this has grown a lot in the previous months. i guess, this industry is the one that benefited from this pandemic crisis because even some of the fiat-based casinos are now accepting crypto to adopt the current trend.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
February 26, 2021, 05:30:21 PM
#17
Satoshidice is a bch casino now though, isn't it? I wonder how this happened. If Roger bought the business or this is the owner's honest opinion on bitcoin. (bch being the real one)
Yes, Satoshi Dice turned into an exclusive bitcoin cash casino nowadays.

That is what they say about accepting bch instead of btc:
Quote
Bitcoin vs Bitcoin Cash
True to the original spirit of Satosh vision for a peer to peer electronic cash systemi, Satoshi Dice only allows players to use Bitcoin Cash. Any Segwit Bitcoin that are mistakenly sent to a Satoshi Dice address will be considered a donation to further the development of Bitcoin Cash.
Satoshi Dice Rules

About the currently ownership of Satoshi Dice that is what is known:
Quote
A user of this wiki claimed that it is currently operated by and licensed under Costa Rica-based Blockchain Limitada. It is unclear whether Mr. Voorhees controls Blockchain Limitada. A google search for "Blockchain Limitada" yields no hits.
Bitcoin Wiki - Satoshi Dice
legendary
Activity: 2436
Merit: 1849
Crypto for the Crypto Throne!
February 26, 2021, 05:27:05 PM
#16
You forgot about satoshidice . As i remember, this was the oldest dice gambling crypto platform, which was launched in 2013 (or even earlier, lol). Earlier than many of other casinos, like Sportsbet you've mentioned in your OP topic.
Missed a point!



EDIT: This is weird, that i didn't saw that Satoshidice is already in your topic :0 My bad
hero member
Activity: 2982
Merit: 610
February 26, 2021, 05:17:21 PM
#15
Nice trivia mate I'm not aware in most of the information you shared here.

I'm stuck with the number 2.
2. First transaction took place in January 2009
~``

Where it is now, bitcoin is not anymore fast, maybe fast if you pay a huge fee but it's not the same during the time of 2009.
So I guess bitcoin is not anymore good for online payment like gambling as there are altcoins which are cheaper and faster.

it's all we need, cheaper and faster which we will not longer get on bitcoin.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
February 26, 2021, 05:14:13 PM
#14
Thanks for the effort op and i was surprised about those name mentioned to be part of history as if theyre just new into gambling industry specially with Bitcasino whom i thought they are just new.Im bit sure that there are other old casino or dice site should be included on the list?

Those winnings wayback to those years are awesome but considering the value then it is most likely a typical or ordinary hit but in todays price then that would be life changing.

gambling industry had become so big only in a decades time
and still continue to grow day by day.
full member
Activity: 1904
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★Bitvest.io★ Play Plinko or Invest!
February 26, 2021, 05:08:27 PM
#13
There are a couple of milestones that deserve to be mentioned and fixed in the history of the crypto gambling:

 - Sealwithclub by the ledengary Micon ( thanks to which I met Bitcoin)
 - Moneypot ( now called bustabit) the first crash game ever by Espringe


And aside from that, no one is mentioning primedice.com, they registered last 2013? They were one of the firsts also in gambling. Honestly, I played on this first before even knowing the forum. I used to play on their site while I was collecting free satoshis and doges, and other free coins like earthcoin.  Grin
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
February 26, 2021, 05:03:25 PM
#12
Well, it is good to hear this summary of crypto gambling, --I have a question in my mind, how many bitcoin they had since they operate in gambling back then. Perhaps they regret now while seeing that bitcoin has folded the value so many times if they had 20 bitcoin and that amount are easy for them to have before, but now perhaps it's just a fraction they get. I think there are too many of them not by mention of the OP, I have curious if before the gambling sites have provably fair and how they know it.
legendary
Activity: 3402
Merit: 1227
Top Crypto Casino
February 26, 2021, 04:54:13 PM
#11
There are a couple of milestones that deserve to be mentioned and fixed in the history of the crypto gambling:

 - Sealwithclub by the ledengary Micon ( thanks to which I met Bitcoin)
 - Moneypot ( now called bustabit) the first crash game ever by Espringe
legendary
Activity: 2030
Merit: 1189
February 26, 2021, 04:44:18 PM
#10
Did anyone ever wondered about how the crypto gambling started ?

Let's review a short one:
1. Bitcoins were created back in 2008
2. First transaction took place in January 2009
3. In August 2011 first ever Poker Site came to accept bitcoins as a source of payment (company-Switchpoker.com)
4. Then in 2012 there was involvement of Satoshi Dice !! Which became immensely popular.
5. First crowd funded casino was introduced in June 2013 officially.(just dice)
6. Just dice lost more then 1000 Bitcoins due to an error and therefore the whole thing was halted for a while.
7.
Quote
In July 2013, Satoshi Dice was sold to an undisclosed new owner. The deal was worth over 26,315 BTC which was valued at $11.5 million at the time.
8. Nakowa won 11,000 BTC in September 2013 and everything started to be immensely popular.
9. Bitcasino.io registered themselves in Feb 2014 , so it was like the first licence ever given to a bitcoin casino.
10. In Aug 2014 Altcoins were introduced
11. Fortune jack appeared in 2014
12. Here comes the government :
Quote
Focusing on the crypto gambling sector, in July 2015, the UK government warned its citizens against Bitcoin gambling. The warning was directed towards operators dealing with Bitcoin gambling. This came at the beginning of the period where we saw many warnings and restrictions around crypto activities.

13. From 2016 regulations started , more casinos started getting involved and rest is history.

https://4king.com/history-of-crypto-casinos/
Nice summary of certain facts that came out of crypto and the father of all cryptos 'BTC'. Interesting facts regarding the rise of the crypto casinos and how everything else from licences to government regulations came to be.

Taking a look at today's gambling crypto-market, we find ourselves overwhelmed by the number of casinos out there but this is actually a good thing as "competition drives innovation"! In my view, the crypto space will grow more regulatory but as there has always been the case there will be ways to workaround them.
sr. member
Activity: 1498
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Leading Crypto Sports Betting & Casino Platform
February 26, 2021, 04:40:44 PM
#9
In a span of a couple of years, the gambling industry in crypto already have gone a long way and is continuously innovating to cater the ever-evolving customer pool. And with the rise of numerous coins on the market, expect more gambling sites coming in and out of the system, and of course with this improvements in the current system.
legendary
Activity: 1428
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🤩Finally Married🤩
February 26, 2021, 04:28:07 PM
#8
I remember freebitco.in is also the first faucet who ever existed here in crypto world (correct me if I'm wrong)
No, first bitcoin faucet was created by gavin back in June 2010 and it was https://freebitcoins.appspot.com/ More information and announcement about the faucet can be found here : Get 5 free bitcoins from freebitcoins.appspot.com
Haven't heard of this ever since I enter the world of Crypto, seems like my knowledge on history aren't sufficient (more to be discovered)
Anyways thanks for correcting me. BTW i tried to click the link of yours but it takes me on nothing...
or it has been long gone?


Just hoping I could see on how does the platform looks like as it was my first time hearing it.
legendary
Activity: 3178
Merit: 1054
February 26, 2021, 02:38:40 PM
#7
The history of crypto gambling should include that so far there has been only one gambling house that utilized Bitcoin to protect their customers and show how online gambling could be much better utilizing crypto. This gambling house was directbet.eu and to my knowledge they are still the only place that took bets without requiring an account or a deposit. They were shut down because people were taking advantage of double spends to try and steal from their service.

this i remember betting on MMA matches using just my blockchian.info wallet on directbet. didn't experience the double-spend though.
there were casino during that time where they are not asking users to create an account but just a wallet.
surprising to see Bitcasino.io existed already back 2014, they are still alive up to this point. i can see their rep here posting on threads.
legendary
Activity: 3276
Merit: 2442
February 26, 2021, 02:17:30 PM
#6
Satoshidice is a bch casino now though, isn't it? I wonder how this happened. If Roger bought the business or this is the owner's honest opinion on bitcoin. (bch being the real one)

Also don't forget directbet.eu.

I liked them a lot.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
February 26, 2021, 01:58:26 PM
#5
The history of crypto gambling should include that so far there has been only one gambling house that utilized Bitcoin to protect their customers and show how online gambling could be much better utilizing crypto. This gambling house was directbet.eu and to my knowledge they are still the only place that took bets without requiring an account or a deposit. They were shut down because people were taking advantage of double spends to try and steal from their service.
legendary
Activity: 1584
Merit: 1280
Heisenberg Design Services
February 26, 2021, 01:55:40 PM
#4
Long before everything started there was bitcointalk which introduced the firsts be it bitcoin gambling or first altcoin or the first real world transaction or the first exchange or the first faucet designed by gavin. If block rolling games and lottery were to be considered as gambling, then there were threads as old as May 2010 which had people investing a certain amount of bitcoin and the winner who predicted the exact last character of the block hash wins all.

Here is a gist of the world's first Bitcoin Lottery/Gambling hosted in our forum :

I've been thinking and I'll be hosting world's first Bitcoin lottery!

We'll be using the last two numbers of a real lottery, which one I do not know yet. (Maybe one that we can check online?)
When you'll buy your lot, you'll "bet" on a number between 00-99. (including 00 and 99 ofcourse!)

So, who's in for it?
What real lottery should we pick for our random numbers, or does anyone have a better source?
What price of the "lot" sounds preferable? 50 BTC? 25 BTC?
And what's the maximum amount of lots I want to let people buy? 3? 5 at most?

Please note that if the "jackpot" doesn't "fall" (no one wins), I'll keep hosting rounds until there does win someone, and I wont play myself.
So I want like a lottery that draws numbers every week if we can't get one that draws every day.


Based on these, I would consider bitcointalk as the world's first crypto exchange, bitcointalk is the place where the world's first altcoins was announced and the place where the first bitcoin gambling game was played. You can find more firsts and interesting piece of forum history in my topic : Story of the Firsts - The events which triggered everything

I remember freebitco.in is also the first faucet who ever existed here in crypto world (correct me if I'm wrong)
No, first bitcoin faucet was created by gavin back in June 2010 and it was https://freebitcoins.appspot.com/ More information and announcement about the faucet can be found here : Get 5 free bitcoins from freebitcoins.appspot.com



"SEARCH OUR FORUM, YOU KNOW IT TO BE TRUE!"
legendary
Activity: 1428
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🤩Finally Married🤩
February 26, 2021, 01:39:28 PM
#3
Never knew that some of the gambling platforms are extremely old in the world of crypto. I just thought that Fortunejack started sometime in 2016, though they were around much longer than that. Also, I guess you can include some faucets that integrated some form of gambling on their platform to attract more people? Like freebitco.in which has dice on their faucet for as long as I can remember. I remember having tried playing in 2014 on that faucet and losing it all. It wasn't worth much but that was my first experience in crypto gambling, and I liked the experience.
Yeah and from what I remember freebitco.in is also the first faucet who ever existed here in crypto world (correct me if I'm wrong) also I've been hearing about Satoshi Dice somewhere last year but didn't know it was one of the first gambling platform that existed in this whole time...
Well I guess, it is only FortuneJack what I know best on that list and been playing with it until now.
So it's been a pleasure to use a platform that has been one to be considered a history
legendary
Activity: 3542
Merit: 1352
Cashback 15%
February 26, 2021, 01:08:55 PM
#2
Never knew that some of the gambling platforms are extremely old in the world of crypto. I just thought that Fortunejack started sometime in 2016, though they were around much longer than that. Also, I guess you can include some faucets that integrated some form of gambling on their platform to attract more people? Like freebitco.in which has dice on their faucet for as long as I can remember. I remember having tried playing in 2014 on that faucet and losing it all. It wasn't worth much but that was my first experience in crypto gambling, and I liked the experience.
hero member
Activity: 1890
Merit: 831
February 26, 2021, 12:59:54 PM
#1
Did anyone ever wondered about how the crypto gambling started ?

Let's review a short one:
1. Bitcoins were created back in 2008
2. First transaction took place in January 2009
3. In August 2011 first ever Poker Site came to accept bitcoins as a source of payment (company-Switchpoker.com)
4. Then in 2012 there was involvement of Satoshi Dice !! Which became immensely popular.
5. First crowd funded casino was introduced in June 2013 officially.(just dice)
6. Just dice lost more then 1000 Bitcoins due to an error and therefore the whole thing was halted for a while.
7.
Quote
In July 2013, Satoshi Dice was sold to an undisclosed new owner. The deal was worth over 26,315 BTC which was valued at $11.5 million at the time.
8. Nakowa won 11,000 BTC in September 2013 and everything started to be immensely popular.
9. Bitcasino.io registered themselves in Feb 2014 , so it was like the first licence ever given to a bitcoin casino.
10. In Aug 2014 Altcoins were introduced
11. Fortune jack appeared in 2014
12. Here comes the government :
Quote
Focusing on the crypto gambling sector, in July 2015, the UK government warned its citizens against Bitcoin gambling. The warning was directed towards operators dealing with Bitcoin gambling. This came at the beginning of the period where we saw many warnings and restrictions around crypto activities.

13. From 2016 regulations started , more casinos started getting involved and rest is history.

https://4king.com/history-of-crypto-casinos/
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