There are many advantages to the relationship between gambling and Bitcoin. - page 2.

Slow death

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Quote from: LUCKMCFLY on June 06, 2023, 05:35:12 PM

What happens is that when talking about altconis it is something that many do not like , although I know that if btcoin were to rise to at least $100k and there is the option to change them to Doge within the same casino, well in my In this case , I would not doubt it , because I can easily take it to an exchange and sell it and I have USDT or bitcoin, that is something that can also happen , LN is an option, many are very Reluctant to use Doge , of course because of Elon Musk it is their favorite currency and since he has not spoken very well of bitcoin that causes a lot of rejection in the Bitcoin Community.

bitcoin has always been the number 1 priority for most people when they enter this cryptocurrency market, what has happened is the following: for people to transfer bitcoin to the casino they pay high fees, and I am not here talking about high fees when the situation becomes critical in the bitcoin network, I speak of fees compared to altcoin, for example in my case, I am a small player who only puts 10$ to play so in my case if I took 10$ then I would have to pay 1 or 2 dollars of fee and in the casino only 8 dollars would arrive, in the casino if I play and I have 13 dollars and I want to withdraw everything I will be deducted 2 or more dollars

soon in my wallet, only 11 dollars will arrive and see that I am talking about casinos with the lowest withdrawal rate, because in the case of casinos that have 13 dollars of withdrawal fees, it is not even worth playing in them, so with 11$ I only I made 1$ profit, it just doesn't make sense to use bitcoin in this situation, that's why I use litecoin which doesn't even reach 0.20$ transaction and withdrawal fee, and that's why people use altcoins to play games, but they keep looking at bitcoin as number 1 because it's true, bitcoin is more reliable

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Quote from: slapper on May 21, 2023, 11:58:35 PM

Quote from: kamvreto on May 21, 2023, 05:58:47 PM

Quote from: LUCKMCFLY on May 21, 2023, 05:21:19 PM

Quote from: SatoPrincess on May 05, 2023, 04:06:45 PM

For me, one of the pros of using a casino that accepts bitcoin is the anonymity it provides (at least casinos that do not require kyc) I can easily deposit and withdraw my winnings to my wallet without any third party knowing what I’m doing. If I was to use fiat to gamble, the bank would have a record of my deposit and can dictate where I can send my money, I don’t like that one bit.

Well, I think you said everything, I also think that things move that way, I can't see any other alternative than what you say, but one of the bad things is that if the site doesn't have LN, because if bitcoin goes up a lot , the fees will be so high that you will never want to Withdraw, because I know that these problems always happen, but if a casino that is only Bitcoin corrects this, updates and puts its system based only on LN, I think it will be the most visited many Players, since things are different this way,or unless an Internal Exchange is made.

I know what you mean, this is also related to the Bitcoin network crash a few days ago which made transaction fees very expensive for bitcoin. If the casino uses an ordinary Bitcoin network then it will be very impactful and transactions will be very expensive, of course no one wants to pay fees that are too expensive, even exceeding the bets we will make.
Using an LN network can certainly be a solution, but not all casinos implement it. there are several gambling sites that use the LN network such as Betplay. and for internal exchange, of course it requires more complex development, it could be like an instant exchange for crypto and Fiat Assets or coins from the casino itself.

Sky-high fees, snail-pace transactions - a real pain in the neck for Bitcoin in the gambling world. Bitcoin's the big guy in the crypto ring, sure, but ain't without its weak spots. The Lightning Network? You hit the nail on the head, but let's face it, not every casino's in a rush to hop on. What's gonna make us kick up our heels? Think Altcoins, folks. Dogecoin, Litecoin, or the turbocharged Solana. Curious?

Dogecoin, started as a joke, but now? A potential powerhouse for small transactions - cheap fees, fast times. Litecoin? Leaves Bitcoin in the dust, quadruple the speed. And Solana - think Bitcoin with a jetpack! So, why aren't more casinos grabbing these options? Now there's a riddle that could start a bonfire of a discussion!

What happens is that when talking about altconis it is something that many do not like , although I know that if btcoin were to rise to at least $100k and there is the option to change them to Doge within the same casino, well in my In this case , I would not doubt it , because I can easily take it to an exchange and sell it and I have USDT or bitcoin, that is something that can also happen , LN is an option, many are very Reluctant to use Doge , of course because of Elon Musk it is their favorite currency and since he has not spoken very well of bitcoin that causes a lot of rejection in the Bitcoin Community.

ChiBitCTy

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I mean the biggest thing for me was the ease of depositing and withdrawing of funds. Out of college I had a buddy who was a bookie and would use him exclusively until he decided he no longer wanted to do it. I had used my credit card before to fund accounts, but I didn't like the whole set up and I surely didn't like the shady looking checks that would take weeks to months to be paid out. I actually didn't realize many online casinos had switched to bitcoin for some time. Once I found out many used it, I was fully "back in the game". I don't spend outside my means, and treat it like a hobby.

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Quote from: kamvreto on May 21, 2023, 05:58:47 PM

Quote from: LUCKMCFLY on May 21, 2023, 05:21:19 PM

Quote from: SatoPrincess on May 05, 2023, 04:06:45 PM

For me, one of the pros of using a casino that accepts bitcoin is the anonymity it provides (at least casinos that do not require kyc) I can easily deposit and withdraw my winnings to my wallet without any third party knowing what I’m doing. If I was to use fiat to gamble, the bank would have a record of my deposit and can dictate where I can send my money, I don’t like that one bit.

Well, I think you said everything, I also think that things move that way, I can't see any other alternative than what you say, but one of the bad things is that if the site doesn't have LN, because if bitcoin goes up a lot , the fees will be so high that you will never want to Withdraw, because I know that these problems always happen, but if a casino that is only Bitcoin corrects this, updates and puts its system based only on LN, I think it will be the most visited many Players, since things are different this way,or unless an Internal Exchange is made.

I know what you mean, this is also related to the Bitcoin network crash a few days ago which made transaction fees very expensive for bitcoin. If the casino uses an ordinary Bitcoin network then it will be very impactful and transactions will be very expensive, of course no one wants to pay fees that are too expensive, even exceeding the bets we will make.
Using an LN network can certainly be a solution, but not all casinos implement it. there are several gambling sites that use the LN network such as Betplay. and for internal exchange, of course it requires more complex development, it could be like an instant exchange for crypto and Fiat Assets or coins from the casino itself.

Yes, I really had a bad Experience for those days , but after that it Helped me that I have to see each transaction and I will see the associated fee, as far as I am concerned I think that the banks should implement LN , because nobody cares. I like to pay a lot of fees in a withdrawal transaction , that is something that causes discomfort , if you earn in fiat let's say 80usd, and if you want to withdraw in bitcoin it is equivalent to Taking about 25usd from you and that is something that is not within the budget to assume , then the casinos need to make a move like that because when bitcon goes over $100k it's awesome.

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Quote from: Helena Yu on April 24, 2023, 12:32:52 AM

It's true Bitcoin is decentralized and the transaction can be completed without need of third party intermediaries, but if we use Bitcoin to gamble on centralized casino, it will ruin Bitcoin decentralization since the casino have a control over our coins.

When we're gamble using Bitcoin, it will not anonymous and private anymore because we need to submit our KYC due to the regulation on the casino.

The advantage of gamble using Bitcoin, it's just minimize of getting target by criminals.

Hi there,

You're right that Bitcoin is a decentralized currency and that one of its benefits is that transactions can be completed without the need for a third party.

Another way in which gambling with Bitcoin can lead to a loss of privacy is that many casinos require KYC (Know Your Customer) verification. This means we must provide the casino with personal information, such as our name, address, and date of birth. This information could then be used to track our gambling habits.

NicNacCoin

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Quote from: nitrobetting on April 23, 2023, 10:34:18 PM

Furthermore, Bitcoin transactions are often cheaper and faster than traditional banking methods, which can save gamblers money and time.

Bitcoin transactions are much faster and time consuming than traditional transactions but for some days Bitcoin transactions have been facing the problem of extra fees. But the biggest problem is depositing bitcoins from other wallets to gambling and casino sites. If depositing bitcoins in low priority then it takes a long time to arrive in the bitcoin wallet causing additional problems. I deposit bitcoin on 8 Sat/VB few days ago but till today that bitcoin is not confirmed in my wallet.

nullama

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Quote from: Fivestar4everMVP on May 22, 2023, 12:26:24 PM

~snip~
I completely agree with you on this, I have been gambling on stake for several years now, and if I must confess, I have never read their terms and conditions once, but what is the secret as to why I've never had any issues? When I registered, I first of all submitted my documents for verification, I passed the verification before depositing my first dollar there to gamble.

My advice as well to those who do not have the time to read terms of casinos is to avoid registering and gambling on random casinos, most especially New ones, find a good casino with great reputation, verify your identity and then gamble there.

Yeah, I agree with that, the only issue with that is how do you know which site is good without trying it out first without IDs?, once you realize it's good you can send your documents.

If you just sign up and send documents to any new site you could end up sending them to many places until you find a proper one.

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Quote from: noormcs5 on May 22, 2023, 10:39:20 AM

Quote from: Altryist on May 22, 2023, 10:28:18 AM

Quote from: len01 on May 22, 2023, 12:14:58 AM

for experienced gamblers I'm sure they understand everything about casinos without KYC and those asking for KYC, but for novice gamblers they very rarely understand this problem so many cases of gamblers complain of being refused when withdrawing funds on the grounds that KYC was refused because it was in a prohibited country according to the provisions Casino ToS.
so it is very important for all professional and novice gamblers who want to gamble on online sites to always pay attention to the ToS in the FAQ before making a deposit or making a bet to avoid similar incidents.

I think that more than 90% do not read the user agreement, otherwise many would simply think a hundred times before sending their money to the casino. You may need to go through verification in order to be able to withdraw money, there will also be such items as blocking accounts at any time, to clarify any circumstances. But now there are still casinos that allow you to play and withdraw without going through the KУC, although there are fewer of them, so it’s worth reading the user agreement in any case, even if it seems boring to you.

Well, i have a solution for those who do not want or do not have time to read the user agreement. The first thing when you are a new casino, do the KYC and then start depositing money there. This way, you will not be facing any difficultly in withdrawing your money when you win any amount in the casino.

The drawback is of course you will be doing KYC beforehand and it is not advisable to perform KYC for each and every site. We should only be doing KYC at sites which are trusted so our documents are save.

I completely agree with you on this, I have been gambling on stake for several years now, and if I must confess, I have never read their terms and conditions once, but what is the secret as to why I've never had any issues? When I registered, I first of all submitted my documents for verification, I passed the verification before depositing my first dollar there to gamble.

My advice as well to those who do not have the time to read terms of casinos is to avoid registering and gambling on random casinos, most especially New ones, find a good casino with great reputation, verify your identity and then gamble there.

BitcoinPanther

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Quote from: Webetcoins on May 06, 2023, 12:34:31 PM

Is it really necessary to spend the Bitcoins directly? You can simply just keep them and convert them to fiat later whenever you need cash, no one would know that you've got cash from withdrawing Bitcoins from a gambling platform, and you should be good that way too. Also, you will give yourself a hard time trying to find a store to spend your Bitcoins I'm sure.

Nope, the technology can trace your Bitcoin transaction as long as you used a centralized exchange since they can tract from your centralized exchange account backward to where it came from. Unless we use a mixer, anything that pass through a centralized service can definitely be traced.

Quote from: Webetcoins on May 06, 2023, 12:34:31 PM

Also, I think there are some casinos that allow their gamblers to use VPN without any issues, though I never tried it myself but I think Stake allows it, I never heard anyone saying that they've got banned from Stake for using a VPN.

Stake has vague stance about using VPN. I already asked their support about it but they just answered me with a standard reply that the use of VPN is forbidden to bypass geolocation restriction but they never affirmed that using VPN is allowed on their sites.

Quote from: noormcs5 on May 22, 2023, 10:39:20 AM

Quote from: Altryist on May 22, 2023, 10:28:18 AM

Quote from: len01 on May 22, 2023, 12:14:58 AM

for experienced gamblers I'm sure they understand everything about casinos without KYC and those asking for KYC, but for novice gamblers they very rarely understand this problem so many cases of gamblers complain of being refused when withdrawing funds on the grounds that KYC was refused because it was in a prohibited country according to the provisions Casino ToS.
so it is very important for all professional and novice gamblers who want to gamble on online sites to always pay attention to the ToS in the FAQ before making a deposit or making a bet to avoid similar incidents.

I think that more than 90% do not read the user agreement, otherwise many would simply think a hundred times before sending their money to the casino. You may need to go through verification in order to be able to withdraw money, there will also be such items as blocking accounts at any time, to clarify any circumstances. But now there are still casinos that allow you to play and withdraw without going through the KУC, although there are fewer of them, so it’s worth reading the user agreement in any case, even if it seems boring to you.

Well, i have a solution for those who do not want or do not have time to read the user agreement. The first thing when you are a new casino, do the KYC and then start depositing money there. This way, you will not be facing any difficultly in withdrawing your money when you win any amount in the casino.

True that, the casino will never use the issue of KYC in halting user's withdrawal because it has been done unless the platform caught the player exploiting the reward system. We have seen some accounts being locked or banned due to bonus exploit.

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Quote from: Altryist on May 22, 2023, 10:28:18 AM

Quote from: len01 on May 22, 2023, 12:14:58 AM

for experienced gamblers I'm sure they understand everything about casinos without KYC and those asking for KYC, but for novice gamblers they very rarely understand this problem so many cases of gamblers complain of being refused when withdrawing funds on the grounds that KYC was refused because it was in a prohibited country according to the provisions Casino ToS.
so it is very important for all professional and novice gamblers who want to gamble on online sites to always pay attention to the ToS in the FAQ before making a deposit or making a bet to avoid similar incidents.

I think that more than 90% do not read the user agreement, otherwise many would simply think a hundred times before sending their money to the casino. You may need to go through verification in order to be able to withdraw money, there will also be such items as blocking accounts at any time, to clarify any circumstances. But now there are still casinos that allow you to play and withdraw without going through the KУC, although there are fewer of them, so it’s worth reading the user agreement in any case, even if it seems boring to you.

Well, i have a solution for those who do not want or do not have time to read the user agreement. The first thing when you are a new casino, do the KYC and then start depositing money there. This way, you will not be facing any difficultly in withdrawing your money when you win any amount in the casino.

The drawback is of course you will be doing KYC beforehand and it is not advisable to perform KYC for each and every site. We should only be doing KYC at sites which are trusted so our documents are save.

Altryist

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Quote from: len01 on May 22, 2023, 12:14:58 AM

for experienced gamblers I'm sure they understand everything about casinos without KYC and those asking for KYC, but for novice gamblers they very rarely understand this problem so many cases of gamblers complain of being refused when withdrawing funds on the grounds that KYC was refused because it was in a prohibited country according to the provisions Casino ToS.
so it is very important for all professional and novice gamblers who want to gamble on online sites to always pay attention to the ToS in the FAQ before making a deposit or making a bet to avoid similar incidents.

I think that more than 90% do not read the user agreement, otherwise many would simply think a hundred times before sending their money to the casino. You may need to go through verification in order to be able to withdraw money, there will also be such items as blocking accounts at any time, to clarify any circumstances. But now there are still casinos that allow you to play and withdraw without going through the KУC, although there are fewer of them, so it’s worth reading the user agreement in any case, even if it seems boring to you.

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Quote from: jaberwock on May 06, 2023, 03:22:16 PM

Quote from: tusandii on May 05, 2023, 12:11:19 PM

Quote from: slapper on May 05, 2023, 02:25:22 AM

Bitcoin and gambling, a fantastic combo! But as you said, there are downsides, folks. Secure and decentralized, sure, but what's the point if the platform's centralized? Decentralized platforms aren't flawless either. More control, yeah, but tough to use and not-so-friendly. Less regulated too, so scams and fraud? Watch out! The answer? A hybrid! A mix of Bitcoin's security and privacy with centralized platform's ease and regulation. Can it happen? Uncertain, but I'll wager on it - in Bitcoin, naturally!

In the crypto gambling industry Bitcoin cannot be separated from gambling, but in this era I don't pay much attention to the fact that they can still be decentralized because there has been a lot of interference from outside parties such as the state government.
But I don't care about that because I think gambling is fun so whatever happens as long as it doesn't have a big impact on my finances is not a big problem.
Yes, I know that and caution must always be prioritized in the gambling industry because there are so many scam sites that exist.

Of course it can. Before crypto gambling came, there is already a Bitcoin. Then some gambling sites don't support Bitcoin. Bitcoin itself is still decentralized because it can not be totally stopped. There is also fully decentralized gambling sites here. It's important to pay attention to the government's order because you don't want to get in jail or being fined aren't you? It is still better to enjoy gambling if you have a peace of mind. Gambling is so risky.

No matter how we think we are in control of our selves, there will be a time that we can over spend but as long as we can go back in track again, it's only fine. Losing money occurs too due to scams but this can be prevented if we check the background of the casino before we play.

Yes what you say is true but to be completely honest I don't really trust a truly decentralized site.
Of course I don't want to get into trouble or even more so in fines or jail for not paying attention to government regulations but this is a crypto-based gambling industry so if the government takes it too far it will make gamblers not trust it so much because there is interference from other parties.
But this will be an agreement between the owner of the gambling site and also the government so we can only accept it and play like what was our goal at the beginning of our foray into the gambling industry.

Yes, cases of fraud are very rife in crypto-based online gambling. There are even some sites that already have a bad reputation but are still operating and carrying out promotions to get new customers that they can trick.
It is very important to be careful and do research if you want to choose a crypto gambling site to avoid some fraudulent sites.

Crypt0Gore

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The decentralization of Bitcoin works only when we are in possession of the Bitcoin, some people believe that the decentralization exists in Bitcoin automatically, you are wrong, for that decentralized part to be in checked, you have to be the only one in control of your private key, that's where the real decentralization will kick-in.

Moving your Bitcoin from your wallet to any Gambling platforms, Centralized exchanges and many others have automatically deactivate the decentralized side of Bitcoin, it's a bad practice so the earlier you know this the better..

An advice? Do not entrust your Bitcoin to any centralized platforms, businesses or companies.

nullama

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Quote from: len01 on May 22, 2023, 12:14:58 AM

~snip~
for experienced gamblers I'm sure they understand everything about casinos without KYC and those asking for KYC, but for novice gamblers they very rarely understand this problem so many cases of gamblers complain of being refused when withdrawing funds on the grounds that KYC was refused because it was in a prohibited country according to the provisions Casino ToS.
so it is very important for all professional and novice gamblers who want to gamble on online sites to always pay attention to the ToS in the FAQ before making a deposit or making a bet to avoid similar incidents.

Yeah, for any kind of service I always test the full deposit/withdrawal mechanism before putting a considerable amount of money in.

There are just many types of services that simply take forever to withdraw or make it extremely painful and complicated, whereas the deposits are always way faster for some reason Wink

len01

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Quote from: AmoreJaz on May 06, 2023, 04:38:19 PM

just make sure they are not requiring kyc at any point of your active betting. because some casinos and bookies won't ask kyc when you deposit but upon withdrawal, they will require you to submit kyc. so always check their ToS before it is too late.
but old sites like freebitco, we all know they don't require one. and it is reputable site known to this forum. so if you do want to play anonymously without worrying about them asking your kyc, check the reputable ones first.

for experienced gamblers I'm sure they understand everything about casinos without KYC and those asking for KYC, but for novice gamblers they very rarely understand this problem so many cases of gamblers complain of being refused when withdrawing funds on the grounds that KYC was refused because it was in a prohibited country according to the provisions Casino ToS.
so it is very important for all professional and novice gamblers who want to gamble on online sites to always pay attention to the ToS in the FAQ before making a deposit or making a bet to avoid similar incidents.

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Quote from: kamvreto on May 21, 2023, 05:58:47 PM

Quote from: LUCKMCFLY on May 21, 2023, 05:21:19 PM

Quote from: SatoPrincess on May 05, 2023, 04:06:45 PM

For me, one of the pros of using a casino that accepts bitcoin is the anonymity it provides (at least casinos that do not require kyc) I can easily deposit and withdraw my winnings to my wallet without any third party knowing what I’m doing. If I was to use fiat to gamble, the bank would have a record of my deposit and can dictate where I can send my money, I don’t like that one bit.

Well, I think you said everything, I also think that things move that way, I can't see any other alternative than what you say, but one of the bad things is that if the site doesn't have LN, because if bitcoin goes up a lot , the fees will be so high that you will never want to Withdraw, because I know that these problems always happen, but if a casino that is only Bitcoin corrects this, updates and puts its system based only on LN, I think it will be the most visited many Players, since things are different this way,or unless an Internal Exchange is made.

I know what you mean, this is also related to the Bitcoin network crash a few days ago which made transaction fees very expensive for bitcoin. If the casino uses an ordinary Bitcoin network then it will be very impactful and transactions will be very expensive, of course no one wants to pay fees that are too expensive, even exceeding the bets we will make.
Using an LN network can certainly be a solution, but not all casinos implement it. there are several gambling sites that use the LN network such as Betplay. and for internal exchange, of course it requires more complex development, it could be like an instant exchange for crypto and Fiat Assets or coins from the casino itself.

High transaction costs and a long waiting time make using Bitcoin to gamble a major hassle. Although it's the dominant cryptocurrency, Bitcoin isn't perfect. You mean the Lightning Network? You made an excellent point, but not every casino will be jumping on the bandwagon any time soon. What will cause us to stomp our feet in exultation? Consider alternatives to Bitcoin. Dogecoin, Litecoin, or the sped-up Solana, among others. Curious?

The origins of Dogecoin were humorous, but now? A possible game-changer for low-value transactions because to its low costs and quick processing times. Litecoin? Overtakes Bitcoin in speed and efficiency, and then some. And with Solana, picture Bitcoin with a rocket launcher. So, why aren't more gambling establishments adopting this trend?

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MAaaN...!! CUT THAT STUPID SHIT

Quote from: LUCKMCFLY on May 21, 2023, 05:21:19 PM

Quote from: SatoPrincess on May 05, 2023, 04:06:45 PM

For me, one of the pros of using a casino that accepts bitcoin is the anonymity it provides (at least casinos that do not require kyc) I can easily deposit and withdraw my winnings to my wallet without any third party knowing what I’m doing. If I was to use fiat to gamble, the bank would have a record of my deposit and can dictate where I can send my money, I don’t like that one bit.

Well, I think you said everything, I also think that things move that way, I can't see any other alternative than what you say, but one of the bad things is that if the site doesn't have LN, because if bitcoin goes up a lot , the fees will be so high that you will never want to Withdraw, because I know that these problems always happen, but if a casino that is only Bitcoin corrects this, updates and puts its system based only on LN, I think it will be the most visited many Players, since things are different this way,or unless an Internal Exchange is made.

I know what you mean, this is also related to the Bitcoin network crash a few days ago which made transaction fees very expensive for bitcoin. If the casino uses an ordinary Bitcoin network then it will be very impactful and transactions will be very expensive, of course no one wants to pay fees that are too expensive, even exceeding the bets we will make.
Using an LN network can certainly be a solution, but not all casinos implement it. there are several gambling sites that use the LN network such as Betplay. and for internal exchange, of course it requires more complex development, it could be like an instant exchange for crypto and Fiat Assets or coins from the casino itself.

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Quote from: SatoPrincess on May 05, 2023, 04:06:45 PM

For me, one of the pros of using a casino that accepts bitcoin is the anonymity it provides (at least casinos that do not require kyc) I can easily deposit and withdraw my winnings to my wallet without any third party knowing what I’m doing. If I was to use fiat to gamble, the bank would have a record of my deposit and can dictate where I can send my money, I don’t like that one bit.

Well, I think you said everything, I also think that things move that way, I can't see any other alternative than what you say, but one of the bad things is that if the site doesn't have LN, because if bitcoin goes up a lot , the fees will be so high that you will never want to Withdraw, because I know that these problems always happen, but if a casino that is only Bitcoin corrects this, updates and puts its system based only on LN, I think it will be the most visited many Players, since things are different this way,or unless an Internal Exchange is made.

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Quote from: Slow death on April 24, 2023, 11:28:03 AM

in the past it was very good to use bitcoin to play in online casinos, despite the high transaction rate that bitcoin had in the past, but it was worth it because we had anonymity, but after KYC came in then using bitcoin how to use bank cards to playing it ends up being the same thing, maybe even using bank cards can be cheaper because in the case of bitcoin for example:

1 - the person needs to go to the bank to deposit money
2 - the person needs to do KYC on an exchange
3 - the person will pay a high fee when buying bitcoin on the exchange using the bank card
4 - the person will pay a fee to send bitcoin from the exchange to the casino (in the casino you will have to do KYC)
5 - the person will pay a fee when withdrawing money from the casino to exchange
6 - the person will pay a fee when withdrawing money from the exchange to the bank

while if that person only uses a bank account, they only need to deposit money in the bank and then put it in the casino and play and when withdrawing from the casino, take it from the casino to the bank. Of course it will have KYC and some questions that the bank will ask in case it is a high amount above the amount declared at the time of KYC made by him in the bank. anyway i like bitcoin and online casinos

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Quote from: Kakmakr on April 24, 2023, 12:43:56 AM

I do not know if there are actually any of the advantages that you are talking about. Most of the casinos ask for KYC details...so that destroys all pseudo anonymity that Crypto currencies supported.

People could care less about decentralization....and most casinos are not decentralized, so I doubt if that has any advantages for the gamblers. The casinos that are decentralized are scarce and a lot of them are illegal, so I do not use them. Undecided

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Topic: There are many advantages to the relationship between gambling and Bitcoin. - page 2. (Read 781 times)