Which coin do you think is best for gambling? - page 20.

Hell-raiser

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Quote from: piloder on January 12, 2018, 02:51:01 AM

I personally prefer dogecoin and ethereum but these days ethereum also have network congestion and fee is really high so dogecoin is best right now.

Raiblocks is another coin that have no confirmation time and zero fee and I think it will be accepted in some casino soon because nobody wants to wait for hours to get confirmation and pay high fees just to move coins in and out of the casino.

What other coins you guys think can be viable option for crypto based casinos?

I agree with you that Dogecoin is probably the best coin for gambling. Though not just because its transactions are cheap and hassle free, but also because the minimum allowed bets in dogecoins are cents only in most casinos. Indeed, it also depends on a casino and their specific rules, but it is almost always the case that minimum bets in Dogecoin are lower in dollar equivalent than in any other coin.

So my point is that any cheaper coin would be better for gambling than a more expensive one, provided all other things are equal, of course.

God Fist

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I don't like gambling with any coins except maybe for Eth (since i'v bought multiple coins when it was at a very low value and i never saw true potential in it ) . But i like mostly gambling with fiat since fiat casinos contain much more sport games than Cryptocurrencies casinos , and since i'm a big sports fan i do prefer visiting casinos with a bigger sports odds variety -even tho i don't like giving out my credentials for age verification- .

crwth

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I have tried monero, and it has benefitted me a lot in a way because I made 0.1 to 0.4. If I convert that to bitcoin, it would be a lot smaller, and the chances of that are slim. That's why the benefit of altcoins is a substitute to the original coin, which is bitcoin.

steveabrahams

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Quote from: piloder on January 12, 2018, 02:51:01 AM

I personally prefer dogecoin and ethereum but these days ethereum also have network congestion and fee is really high so dogecoin is best right now.

Raiblocks is another coin that have no confirmation time and zero fee and I think it will be accepted in some casino soon because nobody wants to wait for hours to get confirmation and pay high fees just to move coins in and out of the casino.

What other coins you guys think can be viable option for crypto based casinos?

I agree dogecoin and ethereum are good coins for gambling because of that small fees but you know not many casinos and sportsbook accept altcoins nowdays. Most of them are using bitcoin, that's why i pick bitcoin for the best coin for gambling but yeah the fees is super high and we need alternative coins like doge and eth to gamble.

Oilacris

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Quote from: LuanX3 on January 12, 2018, 06:16:18 AM

Quote from: 13abyknight on January 12, 2018, 05:50:52 AM

Quote from: piloder on January 12, 2018, 02:51:01 AM

What other coins you guys think can be viable option for crypto based casinos?

With high network congestion on the Bitcoin network, it is safe to say I would be preferring Ethereum as the best coin for gambling. It is already being accepted in almost all major casinos which makes it an ideal replacement for Bitcoin in the gambling sector.

Quote from: piloder on January 12, 2018, 02:51:01 AM

Raiblocks is another coin that have no confirmation time and zero fee and I think it will be accepted in some casino soon because nobody wants to wait for hours to get confirmation and pay high fees just to move coins in and out of the casino.

This is another excellent altcoin that can be accepted by casinos as it there would be no fees involved I deposit/withdrawal of funds, making it all the more viable. I really hope a few casinos will step it up and add XRB.

Ethereum has high fees though, you need to pay as much as $15 already per transaction there. So I think that's out of the question now. Although, it is still quick so that is a plus for that coin. Railblocks though are pretty new to me and I have not much info on how it works. But generally all altcoins work the same anyway in terms of how you use each (send, pay miners fee, receive). So I think if XRB are the same, then it could be something plausible to use. However, since from the historical price of this coin, it seems it has relatively jumped from cents to even $30 each. Which, like some other said above, is not good since volatility should also be considered.

I dont know where that idea came from about using XRB(Raiblocks) but talking on the accessibility and no fees is a plus, compared into BTC and ETH nowadays but the question is how much those 3rd party will charged you up on each withdrawal you do made,they might give it for free or do have some charge.Talking that each xrb is about $30 as of now and i have tried to make transactions of that coin which is really fast and acceptable which is applicable on gambling field.

bitcoinKnight809

newbie

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Long term gambling or holding is good for small cap coins. I am currently holding some clams and burst. Who knows? They might get their time soon.

boyptc

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Two candidates for the best coin that can replace bitcoin in gambling are LTC and Doge. If you'll try to rotate and visit different dice sites and slots you'll see that the most used coin is Doge and it was abbreviated as XDG. ETH is also a good one because of it's lesser fee but I'll go with Doge.

LuanX3

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Quote from: 13abyknight on January 12, 2018, 05:50:52 AM

Quote from: piloder on January 12, 2018, 02:51:01 AM

What other coins you guys think can be viable option for crypto based casinos?

With high network congestion on the Bitcoin network, it is safe to say I would be preferring Ethereum as the best coin for gambling. It is already being accepted in almost all major casinos which makes it an ideal replacement for Bitcoin in the gambling sector.

Quote from: piloder on January 12, 2018, 02:51:01 AM

Raiblocks is another coin that have no confirmation time and zero fee and I think it will be accepted in some casino soon because nobody wants to wait for hours to get confirmation and pay high fees just to move coins in and out of the casino.

This is another excellent altcoin that can be accepted by casinos as it there would be no fees involved I deposit/withdrawal of funds, making it all the more viable. I really hope a few casinos will step it up and add XRB.

Ethereum has high fees though, you need to pay as much as $15 already per transaction there. So I think that's out of the question now. Although, it is still quick so that is a plus for that coin. Railblocks though are pretty new to me and I have not much info on how it works. But generally all altcoins work the same anyway in terms of how you use each (send, pay miners fee, receive). So I think if XRB are the same, then it could be something plausible to use. However, since from the historical price of this coin, it seems it has relatively jumped from cents to even $30 each. Which, like some other said above, is not good since volatility should also be considered.

13abyknight

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Quote from: piloder on January 12, 2018, 02:51:01 AM

What other coins you guys think can be viable option for crypto based casinos?

With high network congestion on the Bitcoin network, it is safe to say I would be preferring Ethereum as the best coin for gambling. It is already being accepted in almost all major casinos which makes it an ideal replacement for Bitcoin in the gambling sector.

Quote from: piloder on January 12, 2018, 02:51:01 AM

Raiblocks is another coin that have no confirmation time and zero fee and I think it will be accepted in some casino soon because nobody wants to wait for hours to get confirmation and pay high fees just to move coins in and out of the casino.

This is another excellent altcoin that can be accepted by casinos as it there would be no fees involved I deposit/withdrawal of funds, making it all the more viable. I really hope a few casinos will step it up and add XRB.

denny27

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For me it's not to saying it as the best for, but it's more precisely on more suitable or familiar I think Grin

, which's also often used by many people and is known in a various gambling sites.
I'm more closer to Btc, Eth, Ltc and Doge on a certain gambling sites. But honestly I often get it all for free so far and doing a betting on games like dice games in particular.

Pursuer

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Where is my ring of blades...

I think it depends on what you think you can do with gambling. for example if your goal is to make profit on the coins you have then bitcoin is usually the option here. or by extension the coins that you would like to make profit on. for me since it has always been bitcoin, I also choose bitcoin for gambling.

but if you are just looking for a way to play something as cheap as possible with a coin that is also cheap and you have a lot of then coins like Doge are the option.
I usually choose Doge myself too because it is cheap and easy to acquire. there was a couple of faucets that used to pay a decent amount of it which I used to play dice with.

crzy

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Quote from: Flagship11 on January 12, 2018, 04:39:07 AM

LTC and this isn't even close

The price and speed of LTC right now is quiet great and this is a good alternative option for you gambling. But it depends on your gambling site if they accept ltc or better now to gamble for now and trade it instead which i think is better tham gambling.

michkima

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I think anything that has a low transaction fee and fast confirmation is one of the best coins to gamble with. Right now, BTC and ETH are both expensive to transact with and BTC is super slow. Another thing to take into consideration is price volatility of the coin you are using. I guess the last one is the hardest criteria to fulfill, since on the top of my mine, DOGE was a good option but the problem is DOGE has been really volatile recently and it could even fall back to 20 sats each and this could result to a huge loss on the part of the holder during the time he is gambling.

Not sure what coin is relatively stable, but if you find one then that could potentially be the next coin that would really be something useful in gambling. Right now I would still stick with bitcoins as this is really the basis of all coins anyway, and the fact that using alts would just mean an extra step to gamble.

Flagship11

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LTC and this isn't even close

Juggy777

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Quote from: piloder on January 12, 2018, 02:51:01 AM

I personally prefer dogecoin and ethereum but these days ethereum also have network congestion and fee is really high so dogecoin is best right now.

Raiblocks is another coin that have no confirmation time and zero fee and I think it will be accepted in some casino soon because nobody wants to wait for hours to get confirmation and pay high fees just to move coins in and out of the casino.

What other coins you guys think can be viable option for crypto based casinos?

Normally I was playing with bitcoins for quiet a while, even with fees increasing, my logic was if I win I yet win huge in Bitcoins, but with the fees touching the moon I decided to shift to btc cash it's important to know here I feel that the fees makes it really easy to trade into it, I really like the fact the fees was very low and that's really one of the reason I would take a bet on this coin, then again it value rises, personally don't really liked dodge so I won't ever play with dodge.

watson13

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considering network speed and price, I prefer using ltc and doge

blockman

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Before when the price of bitcoin was still low and there's no congestion on it's network I prefer to gamble with it. But as it's price is getting high and the fees are skyrocketing too together with the problem of it's congestion, it's not worth to gamble with bitcoin anymore in my opinion. We have the same choice of coin that suits for gambling and that is Doge. I haven't tried to gamble with XRB but if that will save us from fees then I will try it next time.

Bitfort

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invest trade and gamble wisely

Used to be ETH but now my favorite is LTC. I also kept some BCH from fork so using them as well.

piloder

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I personally prefer dogecoin and ethereum but these days ethereum also have network congestion and fee is really high so dogecoin is best right now.

Raiblocks is another coin that have no confirmation time and zero fee and I think it will be accepted in some casino soon because nobody wants to wait for hours to get confirmation and pay high fees just to move coins in and out of the casino.

What other coins you guys think can be viable option for crypto based casinos?

Topic: Which coin do you think is best for gambling? - page 20. (Read 2283 times)