I was wondering why the privacy and convenience aspect was not mentioned here by the OP although I did not bother to click the link as provided by OP as I have had many issues of things of that nature years past.
Privacy is what I cherish so much that I do not bother or feel worried when ever I gamble. You know in this part of the world where I come from, gamblers are not respected and are seen as irresponsible which makes one not feel alright when doing such. It is good how one can conveniently play from wherever they are with bitcoin online just to keep themselves void of any attack and unpleasant situations relating to you gambling.
Topic: Top 5 Advantages of Bitcoin Casinos vs. Traditional Casinos - page 10. (Read 1264 times)
It sounds like you are talking about safety and security of Bitcoin not a Bitcoin casino. I can give you many example of casinos who do not pay their clients when they win big. As long as the coin is on the casino site these are just numbers. When you will withdraw them on your own wallet then you are the owner of the coins. So your description is a bit misleading to me.
Not just paying their clients, some of the casinos won't even deny the fact that you actually deposited your Bitcoin into their platform, but they will deny you the privilege of withdrawing your deposit with some unreasonable claims that might not sound pleasant to the ear. The OP forgets to understand that any centralized platform doesn't need to manipulate the deposit and remove it from the blockchain before they can steal their customers funds. What they just need is to come up with a solid excuse, and that's it. We have lots of scam casinos and other non-gambling sites that are currently doing that.
3. Game variety
Variety of games is a sign of an honest casino. The more games there are, the more ways players can win. If a casino offers fewer games, there’s a chance those games could be more prone to shady tactics that lead to losses.
Variety of games is a sign of an honest casino. The more games there are, the more ways players can win. If a casino offers fewer games, there’s a chance those games could be more prone to shady tactics that lead to losses.
Threads like this with incomplete information annoy me because I expect that whenever I open a thread, I get all the information that was promised on the title and not redirecting me to a website I have no assurance of my privacy because the website is safe from hackers.
The more appropriate title would had been Online or crypto related casinos vs traditional casino and not Bitcoin casino or don't those Bitcoin casino also accept other cryptocurencies like stablecoin etc. Most crypto related casino has various coins as deposit options.
There's no way a tradition casino can compete with online casinos. The advantages should favor online casino as the withdrawal and deposit are easier and the accessibility of the casino is easier with online casino as it can be access from anywhere around the world.
The purpose of this article is to endorse bitcoin casinos so it is normal to expect that all the advantages listed will be in favour of bitcoin casinos. Traditional casinos still have some little advantage.
Convenience is what most consider, the ease it offers is an attractive advantage of bitcoin Casino.
Full article here: https://n2g.io/5794fc1
The number four advantage that bitcoin casino has over traditional casino on the article is what I think has attracted more people to gambling online with bitcoins which is the convenience it offers.Convenience is what most consider, the ease it offers is an attractive advantage of bitcoin Casino.
3. Game variety
Variety of games is a sign of an honest casino. The more games there are, the more ways players can win. If a casino offers fewer games, there’s a chance those games could be more prone to shady tactics that lead to losses.
Also, it’s easier to manage payouts when there are fewer games. Traditional casinos that offer fewer games may be fudging the amount they pay out on each win.
Bitcoin casinos often provide more games. Not only that, but the payouts are also often higher due to Bitcoin’s transparency and decentralized aspects.
Full article here: https://n2g.io/5794fc1
You also said that the more the numbers of games are on any online casinos, the more the gamblers will win? This is not true, higher numbers of games available on any online gambling platforms doesn't make gamblers to win in any way.
There is no way you can win or lose a bet because of limited numbers of games, let me as you a question, if you are supporting your favourite football club and you bet on them to win against the opponent, what does the numbers of games available on the casino or the sport betting platform has to do with the numbers of goals your club will net?
If you are also a slots game lover, is it possible for the higher numbers of games available on the online casino to affect your winning? Spin as many as you can, if your luck is against you for that day you will keep losing.
It seems you are in no position to give advice about any online gambling activities, you yourself needs to learn a lot first and your ideas speaks for yourself, you are simply lacking a lot right now, learn before you try to teach OP.
3. Game variety
Variety of games is a sign of an honest casino. The more games there are, the more ways players can win. If a casino offers fewer games, there’s a chance those games could be more prone to shady tactics that lead to losses.
Also, it’s easier to manage payouts when there are fewer games. Traditional casinos that offer fewer games may be fudging the amount they pay out on each win.
Bitcoin casinos often provide more games. Not only that, but the payouts are also often higher due to Bitcoin’s transparency and decentralized aspects.
Variety of games is a sign of an honest casino. The more games there are, the more ways players can win. If a casino offers fewer games, there’s a chance those games could be more prone to shady tactics that lead to losses.
Also, it’s easier to manage payouts when there are fewer games. Traditional casinos that offer fewer games may be fudging the amount they pay out on each win.
Bitcoin casinos often provide more games. Not only that, but the payouts are also often higher due to Bitcoin’s transparency and decentralized aspects.
I don't really see the variety of games as an indicator that a casino is honest or not. Just because the casino has a lot of games doesn't mean that all the games are fair. A large number of different games would it even make it easier to hide a few games among them where the winning chances are skewed in favour of the casino. All the traditional casinos I have been to had Roulette, Black Jack, Slots and Poker games as their main features. This is already a good variety of games in my opinion and I never really felt that the games where manipulated. Fewer games means that the casino needs less people working the games and also oversight becomes easier. In the end it comes down to what customers want to see, a bigger range or games or are most of us spending their time at the favourites like Black Jack and Roulette anyways. It's better to keep a close eye on the casino no matter their number of games and don't just trust them blindly, because they have such a large number of different games.
As for me, bitcoin casino looks the same for any other online casino if there no any restrictions for gambling in your country. They have the same risks and same advantages. The only difference that in one situation you use cryptocurrencies for deposit/withdraw and in the other - fiat money.
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3. Game variety
Variety of games is a sign of an honest casino. The more games there are, the more ways players can win. If a casino offers fewer games, there’s a chance those games could be more prone to shady tactics that lead to losses.
Variety of games is a sign of an honest casino. The more games there are, the more ways players can win. If a casino offers fewer games, there’s a chance those games could be more prone to shady tactics that lead to losses.
So you are saying that casinos offering 1000 games are "more honest" than casinos offering 100 games?
This doesn't make any sense, but whatever. I'm trying to find some kind of logic here, but I can't.
The main goal of a casino is NOT the player to win. The goal is the casino to win. The players can have some fun, while playing, but the casinos aren't charity organizations.
It seems to me that your post is just a bunch of nonsense. Crypto casinos aren't more safe and secure than traditional casinos.
I guess that you have never been scammed by a crypto casino.
There is no such thing as Bitcoin casinos, they should be called online casinos instead and Bitcoin is just an accepted digital currency on the platform, nothing more.
The transparency you talking about only exists from proven reputable online casinos, Bitcoin has nothing to do with this, Bitcoin transparency is for Bitcoin only not some online casino.
Many online casinos that are accepting Bitcoin payment have stolen peoples fund and many of them have turned into scam in the past years.
The transparency you talking about only exists from proven reputable online casinos, Bitcoin has nothing to do with this, Bitcoin transparency is for Bitcoin only not some online casino.
Many online casinos that are accepting Bitcoin payment have stolen peoples fund and many of them have turned into scam in the past years.
The term bitcoin casinos is not suitable with your explanation because it means the casino accept it as payment mode not the way you are explaining it.The odds are what the casino offers and it has nothing to do with blockchain and about 51% attack then it's related to bitcoin network not the casinos.They all are operating on centralised based system and can turn you down anytime they want with your funds.So make sure you provide right information and have basic knowledge first of all.
You title stated "Top 5 advantages" and the content ended at number three, what happened to the remaining 2 Op? If you want us to click on the link to check out he rest then why don't you edit your post and make it less misleading.
Besides, I expected to see some kind of contrasting ideas like comparing a Bitcoin casino to traditional casino but instead you only wrote about somethings about Bitcoin casino and left out the traditional casino entirely another misleading information in your post.
This is not your first time of creating content like this and I'm sure another one will pop out again with incomplete information.
Besides, I expected to see some kind of contrasting ideas like comparing a Bitcoin casino to traditional casino but instead you only wrote about somethings about Bitcoin casino and left out the traditional casino entirely another misleading information in your post.
This is not your first time of creating content like this and I'm sure another one will pop out again with incomplete information.
I agree with you, the OP had noting good to say about Bitcoin casinos, but was wondering how he/she should create a post so other might consider him/her a good poster. However, if your knowledge isn't good then others with knowledge will judge your mistakes and they will point out those.
The information OP shared about Bitcoin casinos is totally useless because the information isn't about Bitcoin casinos at all. All the information the OP shared in the post is directly about Bitcoin and its features and that has noting to do with the online Casinos that accept Bitcoin as a form of payment. If we closely read his/her 2nd point then that's exactly referring to Bitcoin and it has no relation to any of the Bitcoin casinos.
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Sooo, this is how good Bitcoin is really and not about casinos themselves?
That's what I say. As if casinos don't accept altcoins, LMAO. I don't see much point, especially points 2 and 3, 2 because it is based only on bitcoin and 3 because it is not an intrinsic feature of bitcoin casinos.
How many 'bitcoin only' casinos are out there? I only remember one.
traditional casinos is a place where you can physically enjoy. and definitely safer.
Yes, I'd say they are safer but they are also 100% KYC, whereas in cryptocurrency casinos there are some with no KYC or no KYC required below certain thresholds.
-snip-
But the amount of work it would take to steal your Bitcoin casino deposit is as close to impossible as it gets.
But the amount of work it would take to steal your Bitcoin casino deposit is as close to impossible as it gets.
Distinguish between deposits and bets, certain games that pick random winners using a hash seed might be fairer, but there is no such method for deposits. Deposits are applied only at centralized casinos and it is 100% possible to embezzle players' money.
definitely believed that.
traditional casinos is a place where you can physically enjoy. and definitely safer. but we're used to Bitcoin casino already after a long time playing in crypto. more variety of games entice players as it tickles the curiousity but it doesn't guarantee more wins.
-snip-
But the amount of work it would take to steal your Bitcoin casino deposit is as close to impossible as it gets.
But the amount of work it would take to steal your Bitcoin casino deposit is as close to impossible as it gets.
Distinguish between deposits and bets, certain games that pick random winners using a hash seed might be fairer, but there is no such method for deposits. Deposits are applied only at centralized casinos and it is 100% possible to embezzle players' money.
We should not compare the two types of casinos. I mean both of them is somehow better than the other. If you see why Bitcoin casinos or Crypto casinos are famous, then it’s basically for one reason, that is not availability of traditional casinos in their country or gambling is completely banned in their country. But Bitcoins provide decentralised feature, hence if they gamble also, then no one will find out. I guess this the differential factor that both these types of casinos have.
You title stated "Top 5 advantages" and the content ended at number three, what happened to the remaining 2 Op? If you want us to click on the link to check out he rest then why don't you edit your post and make it less misleading.
Besides, I expected to see some kind of contrasting ideas like comparing a Bitcoin casino to traditional casino but instead you only wrote about somethings about Bitcoin casino and left out the traditional casino entirely another misleading information in your post.
This is not your first time of creating content like this and I'm sure another one will pop out again with incomplete information.
Besides, I expected to see some kind of contrasting ideas like comparing a Bitcoin casino to traditional casino but instead you only wrote about somethings about Bitcoin casino and left out the traditional casino entirely another misleading information in your post.
This is not your first time of creating content like this and I'm sure another one will pop out again with incomplete information.
The explanation behind the first advantage isn't true though. I haven't used a traditional casino, but from what i've seen on other gamblers, they don't hide these odds, and they shouldn't because it'll ruin their reputation. Some traditional sites might even be superior because they have a few features that aren't available on crypto sportsbooks.
The "original games" that most Bitcoin casinos have might give them the edge in terms of game variety, but overall it's still not that big of an advantage that'll encourage gamblers to switch casinos.
The "original games" that most Bitcoin casinos have might give them the edge in terms of game variety, but overall it's still not that big of an advantage that'll encourage gamblers to switch casinos.
1. Odds transparency
Traditional online casinos claim they run games via a random number generator. But how random is the number generator?
It’s a legitimate question. What a traditional casino says it does and what it does could be two different things. Bitcoin casinos operate via transparency. You know true odds when you wager in a Bitcoin casino.
If you’re a sports bettor, you understand that knowing the odds is the first part of making smart bets. You won’t always make winning bets, but you will make smart bets, which is the only thing we can do when betting.
In the long run, the more smart bets we make, the more we profit.
2. Safety and security
It would take 51% of all nodes to steal a transaction. By 51%, we mean thousands of computers would have to decide to steal the same transaction.
It’s almost an impossibility. We can’t write impossible because nothing is 100% impossible. But the amount of work it would take to steal your Bitcoin casino deposit is as close to impossible as it gets.
The real reason? Proof of work rewards Bitcoin miners to create blocks, which means the rewards of validating and securing transactions is more than the reward from stealing almost all BTC transactions.
3. Game variety
Variety of games is a sign of an honest casino. The more games there are, the more ways players can win. If a casino offers fewer games, there’s a chance those games could be more prone to shady tactics that lead to losses.
Also, it’s easier to manage payouts when there are fewer games. Traditional casinos that offer fewer games may be fudging the amount they pay out on each win.
Bitcoin casinos often provide more games. Not only that, but the payouts are also often higher due to Bitcoin’s transparency and decentralized aspects.
Full article here: https://n2g.io/5794fc1
Traditional online casinos claim they run games via a random number generator. But how random is the number generator?
It’s a legitimate question. What a traditional casino says it does and what it does could be two different things. Bitcoin casinos operate via transparency. You know true odds when you wager in a Bitcoin casino.
If you’re a sports bettor, you understand that knowing the odds is the first part of making smart bets. You won’t always make winning bets, but you will make smart bets, which is the only thing we can do when betting.
In the long run, the more smart bets we make, the more we profit.
2. Safety and security
It would take 51% of all nodes to steal a transaction. By 51%, we mean thousands of computers would have to decide to steal the same transaction.
It’s almost an impossibility. We can’t write impossible because nothing is 100% impossible. But the amount of work it would take to steal your Bitcoin casino deposit is as close to impossible as it gets.
The real reason? Proof of work rewards Bitcoin miners to create blocks, which means the rewards of validating and securing transactions is more than the reward from stealing almost all BTC transactions.
3. Game variety
Variety of games is a sign of an honest casino. The more games there are, the more ways players can win. If a casino offers fewer games, there’s a chance those games could be more prone to shady tactics that lead to losses.
Also, it’s easier to manage payouts when there are fewer games. Traditional casinos that offer fewer games may be fudging the amount they pay out on each win.
Bitcoin casinos often provide more games. Not only that, but the payouts are also often higher due to Bitcoin’s transparency and decentralized aspects.
Full article here: https://n2g.io/5794fc1
I also do not believe that random number generators are truly random. At some point, the sequences, algorithms and formulas can be found out by skilled reverse engineers.
But what if the casino is hacked or exit-scams? If your Bitcoin is on a casino wallet with third party access, you cannot be sure of safety, can you? So I am not sure about point 2 but I agree with your opinion of Bitcoin transactions being transparent is a good thing.
I think we are headed towards a Bitcoin world that will sooner or later create a more fair gambling experience. However it seems to me that web2 casinos need to boost their casino technology before we get to that point.
Sooo, this is how good Bitcoin is really and not about casinos themselves? Also don't casinos just employ the same providers? The only difference really is the method of payment, in this case crypto vs fiat. Odds? As I've said providers are still the same so only local games made by the casinos could possibly be transparent.
Security? If crypto casinos use a centralized wallet to store your coins it's all the same. Especially if you consider how most casinos are actually centralized.
Security? If crypto casinos use a centralized wallet to store your coins it's all the same. Especially if you consider how most casinos are actually centralized.
I think that another advantage that I have mentioned before is the fact that if a gambler mostly uses Bitcoin, that translates to them not being able to easily adquire credit to continue gamble, because as we all know, Bitcoin is debit/liquidity, once one runs out of Bitcoin in the wallet and there are not credit cards to get money from, the session is over. I think it helps to prevent some people from falling into problem gambling.
Specially those in situations where do not have access to credit or banking, as other do in developed countries.
Specially those in situations where do not have access to credit or banking, as other do in developed countries.
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