What's your favorite crypto for gambling?

Negotiation

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Quote from: suvo05 on July 24, 2020, 02:06:53 PM

For me it's BTC or you can say sathosi. I don't have any particular reason also. It's just a daily practice which becomes habit so other coins not seems to follow my gambling algorithm as the base bet is different for each of the coins. I like to play with the DOGE also.

I agree that my favourite crypto for gambling is BTC It does not affect the price of any other currency the price of other currencies increases depending on Bitcoin i think it is a very suitable and profitable currency for investment. Most gamblers choose Bitcoin as their first currency ethereum's position after Bitcoin.

Text

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Is that still being asked? Just a joke. Of course, Bitcoin is my favorite because I know it is the most used in the crypto gambling platform and you will earn a lot of profit when you win and you are lucky. And since only BTC is used in FBC, when I have collected enough satoshis as multiplier capital, I play it whether I lose or win.
I am currently playing at WolfBet, I immediately liked their opening XRP as a starting point in gambling betting. And I also know it is one of the cheapest coins and fast transactions.

Mumbeeptind1963

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Quote from: Eureka_07 on July 29, 2020, 08:38:42 AM

I mainly used doge, bitcoin, and litecoin when gambling on different casinos and even on exchanges.
I also gamble some of IEOs/ICOs that are paired with doge on an exchange.
I use them as a practice to make a good strategy based from the winning rate that I got.

My favorite crypto to gamble is dogecoin.

Me too, I play using TRON, because that is what I am having right now, but if there will some gambling site that I can use my XRP, then I think it will be more good, since I am holding more XRP than TRON, also I use tron in my dlive account, I am betting to that site as well, but it is not yet well known site I think, I don't want to bet using bitcoin because for me, if I lose, I am losing so many money.

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Quote from: FontSeli on July 29, 2020, 06:45:52 PM

Quote from: leea-1334 on July 29, 2020, 10:24:20 AM

Bitcoin = 90% of sites if not more. In fact, if the site does NOT use Bitcoin, then I am actually even more wary of it, for sure! Because in my mind, why would a site not have Bitcoin if it deals with crypto, unless it is a specific altwhale who wants to use the casino as a get rick quick scheme?

Some cryptocurrencies are quite difficult to link to the bitcoin blockchain. Therefore, online casinos most often use EOS and Tron blockchains. It seems to me that the most important thing here is not the cryptocurrency, but the reputation of the site and its owners.

At least I would say the solutions for linking cryptos are not very convenient. You need both blockchains and building on protocols that have not been proven yet. It's complicated and hard to use for the end user. Unless some interface or easier to access method is build then these solutions will remain more experimental.

FontSeli

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Quote from: leea-1334 on July 29, 2020, 10:24:20 AM

Bitcoin = 90% of sites if not more. In fact, if the site does NOT use Bitcoin, then I am actually even more wary of it, for sure! Because in my mind, why would a site not have Bitcoin if it deals with crypto, unless it is a specific altwhale who wants to use the casino as a get rick quick scheme?

Some cryptocurrencies are quite difficult to link to the bitcoin blockchain. Therefore, online casinos most often use EOS and Tron blockchains. It seems to me that the most important thing here is not the cryptocurrency, but the reputation of the site and its owners.

Silberman

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Quote from: Kakmakr on July 24, 2020, 06:54:00 AM

I cannot understand why more casinos are not accepting Monero and Dash, it's privacy feature is awesome and Crypto enthusiasts crave for more anonymity, so this will be the best fit for those gamblers. Roll Eyes

The upgraded consensus protocol and instant-by-default transactions (ChainLocks) additions in the future, will make it a deal breaker. Huh

The largest exchange (Coinbase) feature Dash (DASH).. so it might become more mainstream in the future. There are faster tx speeds than Bitcoin (BTC) out there, but hash power and security is everything. Wink

Most likely even if more casinos accepted Monero and Dash they will have to force you to go through know your customer policies defeating the purpose of using such cryptocurrencies, while I do not use alts those two are some of my favourite altcoins in the market but since exchanges and casinos stay away from them due to their strong privacy features then I have preferred to stay away from them for the time being.

leea-1334

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Quote from: fiulpro on July 26, 2020, 03:16:05 PM

My favorite Cryptocurrency for Gambling is : Bitcoins

Reasons for the choice :

1. More diversity
2. Can choose from a variety of sites
3. Most online crypto casinos actually have Bitcoins 110%
4. Sending and receiving fee is actually very high and therefore sometimes I just make sure the deposit is good enough for a couple of weeks
5. You even get huge bonuses when it comes to crypto related casinos especially ones dependent on Bitcoins
6. I don't like exchanging btc- other cryptocurrencies every now and then at the end of the day you have to pay a considerable fee for every step.

Bitcoin = 90% of sites if not more. In fact, if the site does NOT use Bitcoin, then I am actually even more wary of it, for sure! Because in my mind, why would a site not have Bitcoin if it deals with crypto, unless it is a specific altwhale who wants to use the casino as a get rick quick scheme?

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Quote from: judeafante on July 29, 2020, 06:46:59 AM

I once played on Tron based games and I like it when the transfer is very cheap and instant these Crypto based gambling and gaming will be the biggest competition of online Crypto gambling for their easiness of use, it's up to online gamblers where they are comfortable to play.

I still haven't gambled with Tron and before, I don't see people prefer this coin as the marketing for the coin is annoying. But with the slow upgrades and marketing that it does, there are tron-based casinos that you can gamble with it as they're only accepting tron.
And their main feature is encouraging their players to stake and receive tron dividends.

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Quote from: Eureka_07 on July 29, 2020, 08:38:42 AM

I mainly used doge, bitcoin, and litecoin when gambling on different casinos and even on exchanges.
I also gamble some of IEOs/ICOs that are paired with doge on an exchange.
I use them to make a good strategy based from the winning rate that I got.

My favorite crypto to gamble is dogecoin.

Yes, I also like dogecoin. There are too many options to do with this lovely coin and you can easily split it into much smaller parts. Therefore, if you are a gambling-addicted, this will help you a lot to avoid losing a huge amount of budget in a small time.

At the moment, most of the crypto casinos accept doge so that it is not very hard to find a suitable place for you to sit down and enjoy the games

Eureka_07

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I mainly used doge, bitcoin, and litecoin when gambling on different casinos and even on exchanges.
I also gamble some of IEOs/ICOs that are paired with doge on an exchange.
I use them as a practice to make a good strategy based from the winning rate that I got.

My favorite crypto to gamble is dogecoin.

judeafante

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I once played on Tron based games and I like it when the transfer is very cheap and instant these Crypto based gambling and gaming will be the biggest competition of online Crypto gambling for their easiness of use, it's up to online gamblers where they are comfortable to play.

batang_bitcoin

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Quote from: Lanatsa on July 28, 2020, 05:34:29 PM

Quote from: batang_bitcoin on July 28, 2020, 09:47:47 AM

Quote from: StephenJH on July 27, 2020, 06:30:21 PM

I was thinking like you after the tweets from Elon

The giveaway rains and spending in more digits make the DOGE valuable for gambling platforms but Tron slowly replaces it, IMHO. LTC is still my best preference because of the cheap transaction fees and fewer digits. At least, I don't use a calculator after winning big amounts in slots if you got what I mean.

I don't have an idea that Tron is replacing it. But just to be sure, DOGE will never get old. The meme coin will always be the top altcoins that will be preferred by most gamblers.
No need to look at calculators if you are gambling like that, I know what you mean so you won't be disappointed with the amounts you are winning.

TRON replaces it? I dont think so and you are right that DOGE never gets old even though this had known to be a meme coin but when it comes to gambling then this coin does really fit out.

We know that its total supply and its price will really be the best thing to be used specially on gambling.You can enjoy out on gaming with having bigger or wider duration of gameplay which
other coins can give out, since its cheap then you can enjoy most of it.

Ive been using this coin for a while which is alternative into my BTC deposit.

It's not me that said about Tron but it's Stephen. Tongue

The cheaper the price of Dogecoin, it's easier for anyone to even lose it. There will be no emotional feeling if someone loses his dogecoin as he gamble. It's quick, cheap and you don't have the feel of regretting it if you lose it due to bad luck.

traderethereum

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Quote from: sabotag3x on July 28, 2020, 11:04:11 PM

Quote from: Lanatsa on July 24, 2020, 01:52:49 PM

When we do talk about transaction cost and confirmation then i would say that LTC and Dash is much a better option rather than with ETH but well its a just a matter of preference yet it depends on what coins youve been holding.

In my part then i do like to play with Doge yet it has much more lower value and you can make bets and can make your game even more longer due to that.

BTC is mostly been preferred by anybody due to its value which i cant really blame off people on that.

Is LTC more faster and cheaper than ETH? Ethereum's block time is ~20 seconds and Litcoin is 2,5 minutes.. Even if the casino requires 10 ETH confirmations, ETH should be faster.. Or am I missing something?

Both litecoin and ethereum have a fast confirmation of the transaction, and I see that many of us choose litecoin and ethereum to gamble. But many of the gamblers also use bitcoin and select bitcoin as the main coin to gamble.
Well, the transaction of ethereum is not too long to arrive in the destination wallet, but I wonder how many people who will use ethereum in a large amount to play gambling since the market is rise today.
Unfortunately, in some exchanges, the fee of the doge is not cheap, but with the low price of dogecoin, that would not be a problem for people to send dogecoin to playing gambling.

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Quote from: Lanatsa on July 24, 2020, 01:52:49 PM

When we do talk about transaction cost and confirmation then i would say that LTC and Dash is much a better option rather than with ETH but well its a just a matter of preference yet it depends on what coins youve been holding.

In my part then i do like to play with Doge yet it has much more lower value and you can make bets and can make your game even more longer due to that.

BTC is mostly been preferred by anybody due to its value which i cant really blame off people on that.

Is LTC more faster and cheaper than ETH? Ethereum's block time is ~20 seconds and Litcoin is 2,5 minutes.. Even if the casino requires 10 ETH confirmations, ETH should be faster.. Or am I missing something?

DevilSlayer

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Quote from: Insanerman on July 28, 2020, 09:55:52 PM

Quote from: Abiky on July 10, 2020, 09:29:22 PM

What's your favorite crypto for gambling? Why did you choose it? Do you think the decentralized gambling industry will grow now that crypto is becoming more popular due to COVID-19? Or is it still too early to tell? Huh

Am I the only one with XRP being the favorite cryptocurrency as for gambling and of course for transactions? Cheesy

Though it was centralized, I see it as an opportunity that my holdings wouldn't fluctuate too much and the transaction fees wouldn't cost even a single dollar. Many would see this funny nor a bad habit, but for me it was worth it and gambling would still be the same even if you use other cryptocurrencies. Another advantage that XRP has (for me) is that it was fast whenever I withdraw and deposit with it.

I'm used to play in online casinos using bitcoin it is my favorite crypto for gambling and it is the reason why I keep using it till now. I heard a lot of gamblers that using altcoins like XRP, ETH and LTC are moregood to use in depositing or using to play in different gambling games because of its characteristics and also the fees that are much lower than bitcoin but for me even though the fees of bitcoin is too high, I still prefer it because I'm used to it. I will just use any other crypro if a certain gambling site only accept altcoin in order to play but this kind of websites are only few because majority of online casinos are accepting BTC.

Insanerman

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Quote from: Abiky on July 10, 2020, 09:29:22 PM

What's your favorite crypto for gambling? Why did you choose it? Do you think the decentralized gambling industry will grow now that crypto is becoming more popular due to COVID-19? Or is it still too early to tell? Huh

Am I the only one with XRP being the favorite cryptocurrency as for gambling and of course for transactions? Cheesy

Though it was centralized, I see it as an opportunity that my holdings wouldn't fluctuate too much and the transaction fees wouldn't cost even a single dollar. Many would see this funny nor a bad habit, but for me it was worth it and gambling would still be the same even if you use other cryptocurrencies. Another advantage that XRP has (for me) is that it was fast whenever I withdraw and deposit with it.

jademaxsuy

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Quote from: Abiky on July 28, 2020, 09:26:26 PM

For off-chain gambling, any cryptocurrency works wonders. The real issue lies on Blockchain-based gambling (on-chain) as gamblers are presented with challenges such as high fees and slow transaction confirmation times. Until ETH addresses scalability issues, most gamblers will choose EOS or TRON as their preferred Blockchain network of choice for decentralized gambling. Low fees and blazing-fast transactions is what makes gambling practical on the Blockchain. It's no wonder why many people have been quite fond of cryptocurrencies like DOGE, EOS, and TRON for day-to-day gambling. A cryptocurrency with high scalability, makes profiting from gambling practical.

This is the information what most needed to those who like to start gambling online. Yes, off chain bets were really useful if that online gambling platform is reliable. It should be that gambling platform can accomodate an exchange of deposits to their token when betting. However most of the gambling platform are using blockchain so I guess chosing the right crytpo is already a strategy to earn rewards with low fees. I think there are more blockchain network relatively faster like eos and doge.

Abiky

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Quote from: KTChampions on July 24, 2020, 04:57:05 AM

If the game itself does not take place on the blockchain, then of course the ETH, it is liquid, fast enougth and reliable. If the game takes place on the blockchain, then something faster is needed (this is theoretical reasoning, I do not play such games), something like EOS.

For off-chain gambling, any cryptocurrency works wonders. The real issue lies on Blockchain-based gambling (on-chain) as gamblers are presented with challenges such as high fees and slow transaction confirmation times. Until ETH addresses scalability issues, most gamblers will choose EOS or TRON as their preferred Blockchain network of choice for decentralized gambling. Low fees and blazing-fast transactions is what makes gambling practical on the Blockchain. It's no wonder why many people have been quite fond of cryptocurrencies like DOGE, EOS, and TRON for day-to-day gambling. A cryptocurrency with high scalability, makes profiting from gambling practical.

Nonetheless, there are many cryptocurrencies to choose from each with their unique features and use cases for the mainstream world. Not every crypto is accepted at gambling sites, as it's hard to keep track of each and every one of them. Only those with mainstream adoption will see a higher chance of being accepted as payment method than others. I believe that cryptocurrencies like Dogecoin, Ethereum, Bitcoin, and Litecoin are the most widely accepted coins in the crypto gambling industry. They serve their purpose well for gambling, despite their limitations. Just my opinion

Lanatsa

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Quote from: batang_bitcoin on July 28, 2020, 09:47:47 AM

Quote from: StephenJH on July 27, 2020, 06:30:21 PM

Quote from: batang_bitcoin on July 27, 2020, 10:13:21 AM

Most crypto choices of ours are easy to bet in and with the amount that we desire. What's good with Doge is it's like a spare of your money that you can do anything that you want.
You can gamble, throw it somewhere or give to someone that you want to. That's how easy to spend Doge but if the amount you hold is a lot, that's a different case because you are considering Doge as an investment which others do and I did that too.

I was thinking like you after the tweets from Elon

The giveaway rains and spending in more digits make the DOGE valuable for gambling platforms but Tron slowly replaces it, IMHO. LTC is still my best preference because of the cheap transaction fees and fewer digits. At least, I don't use a calculator after winning big amounts in slots if you got what I mean.

I don't have an idea that Tron is replacing it. But just to be sure, DOGE will never get old. The meme coin will always be the top altcoins that will be preferred by most gamblers.
No need to look at calculators if you are gambling like that, I know what you mean so you won't be disappointed with the amounts you are winning.

TRON replaces it? I dont think so and you are right that DOGE never gets old even though this had known to be a meme coin but when it comes to gambling then this coin does really fit out.

We know that its total supply and its price will really be the best thing to be used specially on gambling.You can enjoy out on gaming with having bigger or wider duration of gameplay which
other coins can give out, since its cheap then you can enjoy most of it.

Ive been using this coin for a while which is alternative into my BTC deposit.

rexxarofmoknathal

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Quote from: minersday on July 28, 2020, 12:04:09 PM

Personally, I think Ethereum is my favorite crypto coin for gambling considering how fast you can easily make transactions in smaller units as compared to Bitcoin and other cryptocurrencies. With Ethereum, transactions as low as $2 can be made without difficulties as compared to other crypto coin. I think there are other crypto coins that also permit smaller transactions but personally I prefer using Ethereum to gamble rather than the other coins..

I share the same experience as you here. ETH is so popular among casinos that it has become the ultimate gambling crypto. I like using it over BTC because of the low transaction fees and little hassle. This preference applies to buying as well as trading.

Topic: What's your favorite crypto for gambling? (Read 1943 times)