Topic: The Rise of Crypto Gambling: What You Need to Know - page 8. (Read 1293 times)

This same thing again? I already saw this like once in this forum already and I'm pretty sure this post either got sent off to a different board or it was deleted. I don't even get why you're doing this cause you're clearly advertising Nitrobetting which in our knowledge is a cryptocurrency gambling site yeah? And then instead of actually giving us the benefits and edge that your site has over other casinos you go here telling us about the history of cryptocurrency like you're some Ancient Aliens by History Channel spokesperson or something. Of course we already knew about this, of course we're aware of what crypto has gone through we're literally at the ground zero of it.

If you're really out here hoping to sell your product I suggest you let us know about it sincerely and genuinely. Don't give us stuff like this.

Op what you explained is like advertisement of a casino but you topic looks like a historical event of crypto gambling. Well cryptocurrency is a new invention in the world which inculcated to the casino space.
Sportbooks just accept cryptocurrencies recently into their systems. The process of depositing and withdrawal of cryptocurrency from gambling sites are always different from the normal Fiat Currencies. Because cryptocurrency uses blockchain while Fiat uses banks so they are of different categories.

But really I have not gotten your message in the thread.

I think you are right. If someone wishes to take the best from crypto gambling he needs to know a lot of stuff about blockchain, several chains... and there are many wallets around. All that looks simple to us here, but some of my close friends don't understand anything when I start talking about mining casino tokens by playing with some coin other than BTC.


I see that message in every crypto casino, Pragmatic is one of the providers I can't play in most crypto casinos... but there are a few where I can play it without VPN. I don't use VPN for a while, so I simply play games that are allowed for me... it's one of the reasons why I play in more than one casino.

You should already know this is same characteristics you have with banks, fiat casinos and centralized crypto casinos. Fiat casinos may not request for your picture but centralized casinos among other things requested may further ask to see your face which in fact is very discouraging. So what point are you making with this? I'm sure your link could be about a casino running on KYC.

Those are not in his article though. There are a lot more regular people has to know about crypto than gambling actually. It will be easier for them to shift to gambling when they already learn how to use wallets and understand blockchain. They can even wait til there will be new developments like the metaverse which can also make gambling a hell of an experience.

But I can't believe I opened that link. 5th is You gamble with mBTC, not BTC lol what does that mean?

Online cryptocurrency casinos have become the new revolution and their popularity has increased greatly since the covid 19 lockdown this is because cryptocurrency casinos offer a wide range of services that traditional casinos don't offer and for that one has to search for the one that offers both privacy and less KYC, web 3 casinos are new innovations in the i-gaming industry, the gaming industry is becoming more and more competitive and new developments are being introduced on constant bases.

I have a question for your consideration about crypto casinos and Sportsbooks:

When individuals engage in BTC casinos, they may encounter a message indicating that the games are not available in their country.

The solution to this issue is fairly straightforward. However, do casinos take this into consideration?

The reason I ask is because there are some Sportsbook or crypto casinos that have offered to advertise on my website. However, the majority of our readers have limited knowledge about this. They understand how to enable a VPN and how to send and receive BTC, but that's the extent of their knowledge, with exceptions on both ends of the spectrum. I am hesitant to advertise for casinos if it could potentially lead our readers into problematic situations.

Of course, it's impossible to completely eliminate the risk of "trouble". However, I hope my point is clear?

Thank you so much.

Crypto gambling or web 3.0 casinos are a new thing in gambling industry, in general. Indeed it is something which shows quite of an advancement in this industry but we, in this industry, have known such thing for years. It's biggest advantage over traditional gambling platforms is being safe from taxation given that withdrawals and deposits would be done through blockchain but other than that is exposing bigger risk. You are not only at risk for gambling but also with market price changes, therefore not all things are in a positive direction with web 3.0. Gas fees are sometimes high as well. With regards to privacy, KYC is also being implied to many crypto gambling site, so what's your take? Is it still a pro or not?

The sports betting and gaming industries constantly evolve. The next evolution has been the advent of blockchain and cryptocurrency technologies. Bitcoin sportsbooks have become the newest thing in the industry. And for good reason. A crypto sportsbook provides advantages that traditional books can’t. If you’re new to crypto gambling, or require a refresher, keep reading to discover the top five things you must know about crypto sportsbooks.

What You Need to Know About Crypto Gambling

Bitcoin has become a store of value

For many, bitcoin remains something to be feared or disregarded. But that’s changing and it’s changing quickly.

It already has changed when it comes to the way the largest banks in the world view BTC. Goldman Sachs, JP Morgan Chase, and Morgan Stanley offer their clients bitcoin investment strategies.

Cryptocurrency investors see BTC as digital gold. Bitcoin is the base for their crypto investment strategies. The bottom line? Cryptocurrencies, and especially Bitcoin, isn’t going anywhere.

Your information is more secure

For our purposes, this is the most significant thing to know about crypto gambling. It is much more secure than playing in a traditional sportsbook.

Traditional sportsbooks have your address, your phone number, your email address, and more info about you. Some sportsbooks sell your information to list creators. Those list creators sell the info to tout services that call you to get you on board with their plans.

You can deposit and make withdrawals faster

Crypto deposits and withdrawals happen much faster than in traditional sportsbooks or online gaming sites. The reason is due to cryptocurrencies’ peer-to-peer philosophy.

A middle entity, like Coinbase or Cash App facilitates the transfer of your BTC or other crypto to your sportsbook account. But those entities are just facilitators.

They aren’t involved the way your credit card company is involved. This speeds up the entire deposit and withdrawal process.

Read more→ https://n2g.io/3e8d2b4