Topic: What are the inconveniences you experience with crypto related gamble projects. (Read 455 times)

The main advantage and the disadvantage in gambling is being addicted it will also been the good for the development of gambling and not good for The Gambler so we cannot get out from this when you are getting addicted I think it will be the most inconvenience experience for anyone to be a gambler.

The only ones I can think of are many complaints about slow transactions, addiction problems and delays in withdrawal from successful bets.
There are available solutions for most of the problems on alternative gambling websites

And I think that the credit goes to blochchian and bitcoin which make it possible for gambling throughout the world to become integrated. No doubt that in previous days it was difficult to play gambling because of exchanges of currencies not now bitcoin make it more easy to visit any gambling site throughout the world and play gambling there without converting your currency into any other currency.

Years back when I began to gamble using cryptocurrency I need to be in a place using the desktop or the laptop to gamble. By that time I've tried accessing several gambling websites through mobile, but that wasn't perfect. Now things have changed and majority of the websites can be accessed through mobile phones. Apart from that I haven't encountered any issues as I go with trusted gambling sites.

So far none because I always make sure that I’m playing with a great site, easy to deposit and withdraw money that’s the best part of a gambling site i think aside from their games. My only inconvenience is that, how to convert fiat money easily, well its not related to gambling anyway.

I experience before the delay on my deposit, and I don’t able to gamble that time because of that. Though its tolerable but I hope for a more convenient way to deposit funds. Over all,  my crypto gambling experience is so nice, and I’m really having fun with it.

Your favorite gambling house is not having in-house exchange facility ? At the same time, I do see many gamblers are facing this issue even the sites are having exchange features, they are not getting eligible levels to avail those features.

With in-house exchange facility, I am able to convert my altcoins into bitcoins. Some times back , I was playing with altcoins itself and I finding somewhat boring to gamble with low value coins then I decided to stick back with bitcoins and to solve the hassles of slow loading, I use altcoins for faster confirmation and then gambling with higher value bitcoins.

Since i am into sports gambling every now and then at the moment if some matches interests me, i would wage when ever i feel like, the main issue i find with sports gambling sites in the crypto space is that there are not much options available to wage a bet and the odds will be lower than fiat based online gambling sites, so i switch between the two depending on the odds available, if there is a minor difference i really do not mind, sometimes there will be a variable difference in the odds, other than that i find the sports books available in the crypto market are decent and now some are accepting more coins which is a positive thing. I miss directbet and there is no other site to replace that, no registration needed and you could wage with more than one coins three years back and they closed their doors because of the high transaction fees at that time.

most people certainly complain about the huge costs incurred when making withdrawals and also the process that takes a long time because of the large number of queues when people make withdrawals on their wallets. other than that, there are some online gambling sites that have a large enough load so that it's very difficult for users to access using their cellphones

The only inconvenience I ever experience is when transactions take long to be added to your account.
I play on a website that adds transactions after 1 confirmation, but that can sometimes take longer than 15 minutes when using Bitcoin.

This isn't the fault of the gambling website, but rather something inherent to Bitcoin transaction speeds.
This should be solved when more website implement lightning network payments though.

If that is the problem, then you need to find another gambling website which is not taking too long to receive the deposit. Yes, being a gambling-addicted is the most problem that we might get in the gambling, so we need to take serious attention to that. As long as we can prevent ourselves to stay too long in the gambling site and we can control ourselves, I think we are safe from the addicting.

Will this new evaluation of gambling industry will eliminate all the inconveniences and discomforts we are facing with manual sites ? I guess only time will answer. We cannot ignore the benefits of having new innovative systems. I believe even these new way of gambling will not satisfy all the gamblers in 100% way at least all the gamblers may experience some better environment for sure.

Smart contract based dapps are seeming very much promising in this regard but I guess like how we are having centralized and decentralized exchanges, similarly we may have both these two types of houses also in the near future.

I believe people will understand the benefits of having a decentralized system very slowly. Moreover, gamblers are known for sticking with what they actually got practice to. So, we cannot expect them to switch over in quick time but I believe they will definitely move over to where they will be having the most comfortable and convenient environment.

We are seeing the success of decentralized exchanges but centralized exchanges are still persisting on its own way to find success. Similarly I believe both centralized and decentralized way of gambling will be finding its their own ways to entertain all of us.

Well that's one of the common problems but yeah, if you want faster transactions you have  to shell out a bit more. Though nowadays it doesn't really take thatong even for regular transfers. I'm used to playing in betcoin.ag even before and i'm not promoting but there hasn't been any inconvenient issues for me.

That is not the problem of gambling site but thats your problem because you put a small fee after you send your coin to the sites receiving adress . although there are gambling sites that promise instant deposits  . how can they possibly fasten up the recieving process ? When you are the ones that sends and put fees .  strange isnt it .

No we already know the answers beside you don't ask such question in a forum filled with users wearing signatures of decentralize gamble platform the answers will just be one sided you ask such question in open fields to get better result. The topic started as what are the disadvantage your experience with crypto  related gamble platform but some people weren't understanding me so i have to change it to inconvenience so everyone will understand. So far, im seeing some interesting replies.

Wish the question was "advantages and disadvantages of Decentralized gambling platform over the centralized gambling."
I expect people to use the decentralized ones for obvious reasons but it seems no one cares too much.

Gambling on the whole has been a wide market which brings in billions of money per year across the world. People tend to lose and win all over the year, but there is an increasing adoption of iGaming throughout the Gambling sectors. iGaming in the sense, they are similar to gambling but are regulated by the laws and the integration of network along with gambling has brought in a lot of interest. Nowadays, the crypto projects based on iGaming is increasing at a faster rate. I do believe trust was one common factor which prevented gamblers from using iGaming from the manual gambling.

The neighbouring countries of Europe and Asia seems to be dominating the gambling market with the primary interest of them being sports betting and online poker games. Currently the gambling sector has a strong market of around $50 billion which is quite big. But these market are based on manual gambling and very little is contributed through the iGaming sector. But with the growth of blockchain technology trusting a third party is completely eliminated and this brings in a lot of hope among the gamblers to use the iGaming sector.

[1] Coming to the crypto related projects, the primary disadvantage related to using cryptocurrency in gambling is it's volatility.

[2] Secondly, commissions. Cryptocoins are highly volatile which leads to these commissions getting very high or very low.

[3] Smart Contract failures too play a major role in the failure of a gambling project. Bad code and a badly written smart contract code will make you lose millions of dollars.

[4] Jurisdiction : Cryptocurrency is still being seen as a illegal tender in various countries around the world. In these countries, gambling with cryptocoins would probably be banned.

be gambling addicted, maybe sometimes not be able to place a bet because the deposit had not been completely arrived/credited (sluggish blockchain / number of confirmations)

I have never experienced any inconvenience with crypto gambling.  The gambling industries are really getting encouragement from blockchain technology and I believe many of them are expanding all over the world because of cryptocurrencies.