Topic: Top 5 Advantages of Bitcoin Casinos vs. Traditional Casinos - page 3. (Read 1264 times)

you can't eradicate the fraud in this industry even with online casinos. that is, if the casino or the gambler himself will do illegal things. both actors are prone to this act, depending on how they will do it. so it doesn't matter whether the payment method is bitcoin, other alts or fiat, expect that someone will do a fraudulent act if he wants to.

What OP or the article mentioned is not particularly about "bitcoin casinos", most pros mentioned are pros of all online casino over traditional ones except the transparency. Most bitcoin/casino gambling using a in-house games like dice uses provably fair which is 100% transparent.
But not all bitcoin casino uses this method, because most KYCed casinos now don't use provably fair, most of them uses the methods from third party game-providers and usually there's no transparency, you just need to trust them, which oppose what bitcoin is trying to convey.

Gambling is an ancient culture, long ago people were also addicted to gambling but at that time their gambling was not arranged by such advanced formula. They used to use their own currency or any other object in gambling but now as digital currency is included in gambling, the disadvantages that gambling had at that time are no longer present. Especially since the use of Bitcoin, there are no more problems with transactions and transparency. However, as long as Bitcoin is used as one of the main currencies in gambling, there will not be any problem of fraud, non-payment of winners, blocking of accounts, etc. in the field of gambling and casinos.

Well, I don't know about any other person or people out here or there, for me in particular, I never knew anything about gambling online, that is like  playing slots, doing sports betting online, until the pandemic which locked us all inside our houses.

Over here in my area, there are betting shops scattered everywhere in the neighborhood, so I never really gave any attention to online gambling until the pandemic hit, and I tell you that, since the pandemic left and normalcy returned to our world again, I've never visited any of those betting shops, I've gotten really used to online gambling.

Even though those traditional gambling users or people are still aware about online but still they've been staying up on things on which they had been get used to.Yes, in todays era and years which accessibility is

really that what makes things even more simple and accessible on which even doing gambling would really be on the palm of your hand and doing with few clicks and taps which it is really that giving out that
convenience and this is why there are lots who would really be that interested on doing such thing or engaging into it but as i said earlier that there would really be people who would
really be sticking on things that they've been get used to despite of the current advancement and changes that we do have today.

They do have their own cons and pros to each other on which means that its up to your own choice if we do speak about on where you would really be tending on spending up your leisure time
whether on physical or would be hanging out online.

It was a new experience for gamblers who often gamble at offline casinos because before, they had to visit the casino to play gambling. Now they can play gambling from home using laptops, computers, or phones. This really makes it easy for them to play gambling and provides different pleasure from what they get at offline casinos.

In yesterday's pandemic, online casinos got a lot of benefits from the increasing number of visitors to their casinos and the increasing amount of profits that casinos get. This makes casinos more aggressively promote their casinos to get more gamblers to play gambling in their casinos.

The experience and the vibes of an offline casino are definitely different from an online casino, you can't find the same thrill, the same energy, and the same crown cheering and shouting and having fun all around, some are happy because they are winning at a Poker table, while some are sad as they are losing constantly on a slot machine, that experience is obviously one of a kind and you can't have the same experience when gambling online.

The only thing that makes online gambling more usable for most people is the convenience it provides, you don't need to go out and drive miles away only to get to a land-based casino so that you can gamble while with online casinos, you can gamble anytime, anywhere without any hassle at all.

That's right because in crypto transactions in the gambling industry there is never a central bank involved when making deposits or withdrawals.
There are many ways you can do this, such as using a crypto exchange when making a deposit, like the example I did using Binance and buying crypto with a P2P service, then sending it to a gambling site so that the bank doesn't know about the crypto transactions we are doing.

4. Confidentiality. When you don't need to involve a bank account with your casino account, but you use only cryptocurrencies to deposit and withdraw you don't need to pay banks for transactions and that kind of transaction history doesn't get recorded to your bank statement so it's more confidential to use cryptocurrencies.

People used to use cash to leave embarassing transactions (Or just transactions they want to keep secret) from bank statements, but you can't pay to online casino with cash, so people use cryptocurrencies.

Yes, and in fact I think that we will never rest from hackers and people who want to take other people's things, sometimes I emphasize data theft, for example in a phone if it is lost, if we are unfortunate enough to have it had. a wallet there and if it falls into the hands of an alleged criminal, he is capable of looting everything, 'that's why I don't like to link my casinos or where I play with my phone, because it's very easy for them to have access to everything, we on our phone we have the google authenticator, some emails, and a thief only needs to have those two things to be able to steal , that's why I Stress that nothing more.

Of course I know that there are many people who like to have their data and Everything that has to be fun, banks on their phone, and that blocking the phone when it's stolen doesn't help much, there are ways to Access a phone through force and that is what should be avoided, always try to do things with the greatest possible protection, it is also money that we are handling , so it is worth every Effort to take Care of our money.

And not just our money , I know there are a lot of people who read the thread, and they may not take care of their tledf or something, maybe some are unaware that these things can happen and can make a good Change , maybe they have more safe when playing , which is not too much.

I think it depends on the gambler's personality to choose which one is fit for him.

If the gambler is an extrovert person, he will choose to gamble on traditional casino because he can gamble with his friends and meet new people which can recharge his energy.

If the gambler is an introvert person, he will choose to gamble on online casino because he enjoy with himself for doing anything that he like, no one know, feel safe and don't need to meet other people would definitely make him comfortable.

Every gambler understood this benefit of online casinos when the pandemic hit the globe. Online gamblers knew this advantage from the day they tried it but, gambling at a physical casino and then gambling at an online casino is different. There is a completely different vibe when you are at an actual casino. I recently visited a neighboring country where physical casinos are available and I enjoyed it like anything. The sound, the excitement, the food, the crowd, and then the experience to use those gambling machines is worth trying your luck. It is once a lifetime experience if you have not tried it. I would suggest everyone to try it once, as it will help you understand the difference between online & offline casinos.

I am also completely in favor of online crypto casinos. I believe that blockchain has found an excellent use in them, because in real casinos we absolutely do not guess how close we were to victory, and whether the chances are fair in principle. But in cryptocurrencies it is very easy to organize a casino with a completely transparent system.

I do not know if there is such an implementation, but I will describe my vision of an absolutely honest crypto casino: after each operation with games, you can easily check what chance worked and what number fell out in the random.
It will be possible to understand how close it was to your result. And I believe that such a technology will attract users with its transparency and openness.
After all, this is much better than traditional and non-crypto online platforms that are silent about the chances of winning.

That is one of the many advantages of using an online casino for gambling. People who use online casinos to gamble can play gambling anywhere. Even during the previous pandemic, people who switched from traditional to online casinos did not have to leave their homes to gamble. And if they are already familiar with crypto casinos, they will be even more pleased because they can gamble anonymously without anyone knowing they own crypto. And besides using crypto for gambling, they can also start investing in crypto to sell their crypto assets when the price increases.

Nice comment , it seems that OP is a representative of owner of casino and is not just a gambler that knows what fair gaming means because there are so much cheating happening or at least taking advantage of casino per gaming.

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And also about the advantage of traditional casino against online casino and that is we cannot gamble every moment not like in online that as long as we have gadget is we can risk money.

Provably fair games or in-house games are unique games, and I doubt that we can find some traditional casinos where we can test and run auto-betting strategies...

What's more important is comfort, I simply enjoy more at my home setup more than going out and playing in some traditional casino on some simple chair. I got used to online so much, I'm not even sure if there's anything that can wake up some wish in me for traditional casinos.

I think a way out here is that obviously with a very large win, the player from all documentation, after achieving his withdrawal goal , slowly leaves that casino, or just doesn't play anymore and deletes his account, requires all of your Documents can be totally burned, erased and destroyed for your safety, I don't know if this has ever happened but I think a good casino would do it like this, well that's simple, here's a way out that I came up with , maybe if it's good or bad, but it is an option , although it is not so sure, but I think that everything is possible.

There are casinos that can choose to secure their documents under a fairly secure blockchain network, which is not bad , I don't know if they do it that way, because through blockchain it is more difficult for them to access that data , I don't know if they now Choose to have that type of security or everything is a simple Mirage.

I agree with some of your points but not on this one, what do you mean by higher due to Bitcoin's transparency and decentralized aspects I don't know how you connect that, its the same if you win $10k in Bitcoin casinos you can also do that in traditional casinos in fact you don't need a transaction fee when you cashout on traditional casinos.

There are traditional casinos that can pay out millions to their winners without delay.

Crypto casinos offer various advantages over traditional casinos, such as anonymity, security, fast transactions, low fees and provably fair games.

Personally this does not affects me at all, however there are some places around the world in which gambling is not very well seen by others and it makes sense that those that may like to gamble as a way to relax themselves and obtain some fun may not like this fact to be known, otherwise they may get in trouble with their families and their friends, however this advantage can also become a disadvantage, as if a person becomes addicted to gambling it will take way more time for their family to realize what is happening.