Which Crypto coin Do You Gamble with the Most? - page 4.

Doan9269

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Quote from: worle1bm on June 19, 2023, 02:19:00 AM

For most of the times I like to gamble with Bitcoin only but when the fees was high due to network congestion I used some other coins like USDT and some meme coins like doge which will not give any returns for holding them so used to gamble with low fees at that time but on general basis bitcoin is my priority and now fees are also normal.

I believe what to first considers is what each individual has in his wallet portfolio and compare it to the cryptocurrency the casino he uses supported, if the have such coin being listed on their casino, one could easily wager money into his casino wallet with any currency he has as long as the casino supports many cryptos, but the commonly used ones are bitcoin, usdt, ethereum, litecoin and many other additional currencies well recognized.

Biscutard

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If the online casino accepts xrp that's what i am gonna use to save some transaction fees but most of the time i have definitely used bitcoin and only bitcoin. I usually convert it to usdt or any other stable coin right after i finished playing to avoid volatility to be able to have the same value when i get to it in the next morning.
I believe many people are also opting out to use bitcoin in their betting routine.

wxa7115

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Quote from: worle1bm on June 19, 2023, 02:19:00 AM

For most of the times I like to gamble with Bitcoin only but when the fees was high due to network congestion I used some other coins like USDT and some meme coins like doge which will not give any returns for holding them so used to gamble with low fees at that time but on general basis bitcoin is my priority and now fees are also normal.

I would suppose that is what the majority of the people do anyway, bitcoin is by far the most popular coin and the best as well, and the majority of the casinos out there accept it as they know this.

However when the fees begin to go up instead of switching to an altcoin I simply prefer to not gamble at all, as before ordinals were a thing an increase on the fees of bitcoin meant an increase on the demand, and as a consequence the price went up as well, making holding my coins a preferable thing to do at the time.

mindrust

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#1 is bitcoin because it is the most adopted crypto out there. Every online crypto casino accepts it.
#2 is LTC because it is fast and cheap. Not as widely adopted as bitcoin but it is still in a good position
#3 is Doge. Same reasons as ltc.

Overall I am happy to play with either of those choices. Sometimes I wish bitcoin had cheaper transactions fees though but it is OK. Quality don't come cheap.

worle1bm

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For most of the times I like to gamble with Bitcoin only but when the fees was high due to network congestion I used some other coins like USDT and some meme coins like doge which will not give any returns for holding them so used to gamble with low fees at that time but on general basis bitcoin is my priority and now fees are also normal.

Outhue

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After the drop in Ordinals hype, the Bitcoin transaction fee is now even cheaper than ever, I like using Tron and USDT but now, the Bitcoin transaction fee is cheaper, to send Bitcoin from my wallet to any online casino will now cost me 0.36$ to 0.46$ and sending USDT now cost roughly the same but if the USDT is coming from an exchange that's 1$ for withdrawal.

USDT is stable coin that's why it matches the role of Fiat for online gambling purpose and I still have hard times spending my Bitcoin for gambling when I should be holding and keeping for long time, now Tron and USDT feel better but the transaction fee isn't stopping Bitcoin anymore, for now at least.

GigaBit

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For gambling with cryptocurrencies i mostly use stable coins ‍and for this i have chosen USDT of Tron platform. But sometimes i try to deposit TRX to save transaction fee. Many gamblers find it convenient to gamble with stable coins instead of Bitcoin to get rid of Bitcoin's fluctuations. This network is widely used in gambling due to its fast withdrawal and deposit facility. Moreover, a few days ago, due to the congestion of the Bitcoin network, transaction fees increased at a high rate and at that moment gamblers used the Tron platform most. A gambler will choose the platform of his choice considering the benefits.

LUCKMCFLY

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Quote from: kamvreto on May 31, 2023, 11:44:42 AM

Quote from: rhomelmabini on May 31, 2023, 10:21:40 AM

Quote from: Fivestar4everMVP on May 24, 2023, 08:25:04 AM

So for me, I've always preferred to do all my gambling in stable coins only for the reasons given above..
So what about you? Do you feel and do the same or do you have a different perspective to this altogether? Let's discuss.

I think we are the same considering it's also easy especially if you're into the Tron network which I like the most. What I like now was on my favorite digital wallet in my country (GCASH) is that they have registered casinos and it's easy to transact when you feel like you want to deposit/withdraw and no hassle as long as your account is verified.

The Tron network seems more familiar to me and I also use TRX coins for gambling fees. And several times also use stablecoin. In general my friends use TRX gambling on Stake.com. It's easy to make transactions and of course it's also fast and also the shipping costs are very cheap.
for some of the other crypto coins provided such as Bitcoin, still don't use it because the fees are too expensive and recently there has been a high spike in transactions that have an effect on transaction fees which are also expensive.

I think that many opt for the Tron network for everything, even when it is USDT it is the best, of course this is known because when we are in a casino that can give us that option we take it without a doubt, but I think that the solution to all this In casinos it is that they can make an internal exchange, for now there is not that much of a problem, but when bitcoins are rising in price, and we are in a casino and we want to withdraw our money, we don't want to because the bitcoin fee rates are very high, there will be the good thing, that the internal exchange will allow us to do it without problem.

Sandra_hakeem

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Goodnight, ohh Leo!!! 🦅

I prefer Litecoin to every other coin., It doesn't really have much increments in a good space of time...
I also feel using BTC would enhance a huge Trnx fees during depositions.. apart from having huge losses. It ain't encouraging at all as that only could cut in half, the total deposition fees..
Ofcourse when getting funds from your wallet, it's Also gonna be made in BTC which, is equally more profitable. Thirdly, I haven't tried using other means in any deposits anyways... I dunno how fast any means could be.

Sandra 🧑‍🦰

Wiwo

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Quote from: n0ne on May 30, 2023, 06:59:29 PM

Quote from: Wiwo on May 30, 2023, 05:19:30 PM

I don't know why but recently I have staked most of my bets in Bitcoin and that is influenced because I always gamble with my signature earning and I am oaid in bitcoin so it beco. Easy for me to place those bets with Bitcoin, but before now I always bet with USTD since most casinos accept the currency as their primary currency.

My choice of betting too bitcoin as the payments were sent in terms of bitcoin. Only the last week's payment is available in the wallet. Most of the users here in the forum have the similar practice of spending their campaign earnings. Only the Whale gamblers keeps depositing more and more in the form of different coins and enjoy gambling.

Yes, I guess if a campaign participant is lucky he can win a big amount from staking his signature earning, but on the other hand, gambling has its spirit and sometimes when we exist our limit we tend to go further to deposits more I experience this last week when my balance get existed I hard to make more deposits in other to keep playing since I still have one or two matches to bet on.

So in this kind of situation, the gambler can have a change of mind on deposits, so we can't say only whale gamblers fall victim to this.

kamvreto

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Quote from: rhomelmabini on May 31, 2023, 10:21:40 AM

Quote from: Fivestar4everMVP on May 24, 2023, 08:25:04 AM

So for me, I've always preferred to do all my gambling in stable coins only for the reasons given above..
So what about you? Do you feel and do the same or do you have a different perspective to this altogether? Let's discuss.

I think we are the same considering it's also easy especially if you're into the Tron network which I like the most. What I like now was on my favorite digital wallet in my country (GCASH) is that they have registered casinos and it's easy to transact when you feel like you want to deposit/withdraw and no hassle as long as your account is verified.

The Tron network seems more familiar to me and I also use TRX coins for gambling fees. And several times also use stablecoin. In general my friends use TRX gambling on Stake.com. It's easy to make transactions and of course it's also fast and also the shipping costs are very cheap.
for some of the other crypto coins provided such as Bitcoin, still don't use it because the fees are too expensive and recently there has been a high spike in transactions that have an effect on transaction fees which are also expensive.

rhomelmabini

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Quote from: Fivestar4everMVP on May 24, 2023, 08:25:04 AM

So for me, I've always preferred to do all my gambling in stable coins only for the reasons given above..
So what about you? Do you feel and do the same or do you have a different perspective to this altogether? Let's discuss.

I think we are the same considering it's also easy especially if you're into the Tron network which I like the most. What I like now was on my favorite digital wallet in my country (GCASH) is that they have registered casinos and it's easy to transact when you feel like you want to deposit/withdraw and no hassle as long as your account is verified.

lizarder

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Quote from: Fivestar4everMVP on May 24, 2023, 08:25:04 AM

So for me, I've always preferred to do all my gambling in stable coins only for the reasons given above..
So what about you? Do you feel and do the same or do you have a different perspective to this altogether? Let's discuss.

Lots of online gambling sites currently offer deposit and withdrawal options using crypto, this trend has been so big in recent years and some people also believe this is a step in protecting the privacy of a gambler. When asked what crypto is often at stake when playing online gambling, I think it depends on the site used and each person's personal choices, but usually I prefer to use USDT, BUSD or other types of crypto.

Some people prefer to use bitcoins when gambling, the reason being that they can hold bitcoins and there is no need to rush to sell after winning at gambling, the habits of active gamblers may be more familiar with choosing bitcoins. But for me it's too risky to lose my bitcoins when I lose, due to the nature of gambling it's hard to keep winning and the options I use on UDST or BUSD.

Falconer

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Quote from: Wiwo on May 30, 2023, 05:19:30 PM

I don't know why but recently I have staked most of my bets in Bitcoin and that is influenced because I always gamble with my signature earning and I am oaid in bitcoin so it beco. Easy for me to place those bets with Bitcoin, but before now I always bet with USTD since most casinos accept the currency as their primary currency.

Betting with bitcoin makes sense to you especially you are paid directly to your account weekly in bitcoin. You don't have to withdraw it first and convert it to USDT and deposit back to the casino, so there's no more hassle. If I were you I would think the same thing, but so far I don't have favorite currency to gamble with as I have tried almost all the currencies accepted at the casino, especially if the withdrawal and deposit fees are low.

len01

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Quote from: Rigon on May 31, 2023, 07:09:23 AM

You are right, I have gambled with Bitcoin as long as I have gambled. I never thought like you here. After losing gambling, I never looked at my losses. If I look at the gambling losses like you said, then maybe it will be seen that I have lost a lot of money in my life. Which would be worth several thousand dollars now. From today I will use stablecoins USDT, USDC instead of Bitcoin to participate in gambling. Very nice post you have made and I have learned a lot from here.

well, it all depends on your mindset regarding gambling as a place to seek pleasure or entertain yourself or consider gambling as a place to seek profit.
if you think of gambling as entertainment you bet using bitcoin experiencing loss or defeat and the price of bitcoin has decreased I think it will not be a problem for you because of course you are gambling using money that can afford to lose.
but if you gamble to benefit from winning, I think you will feel uncomfortable gambling using bitcoin because the prices fluctuate and on the one hand when you lose, of course you always feel disappointed because you have lost money in gambling and the decline in bitcoin prices.
and choosing to use stable coins will be the best choice for you.

piebeyb

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Quote from: Pierre 2 on May 31, 2023, 12:28:41 AM

Bitcoin must be the most common crypto as its market value already shows it. Statistically obvious. But I would personally favor stable coins, the most common one is USDT so. I tend to think that gambling with Bitcoin is too risky considering its nature. Nowadays it's rather safe but in long term I would regret money I am wasting through Bitcoin gambling. I am pretty sure its price will raise soon. It can compensate gambling costs even you know what I mean hahah.

Yes you are right, Bitcoin in the long term will be regretted if it is spent on gambling tables because we know how many successful casinos have made huge profits by accepting gamblers who bet with BTC, we will see that the price of bitcoin always increases every four years following the cycle that's why bet using bitcoin in my opinion will be very detrimental for anyone.

Stable coins are easier to use because they have the same value and don't have a long-term increase unlike bitcoin, sometimes I also often use cryptos like Matic and Doge because it's more economical to use those cryptos besides USDT.

SirLancelot

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Quote from: bitbollo on May 30, 2023, 01:36:00 PM

98% of the times I use just Bitcoin for my bet.
The remaining 2% Is for ethereum.
I dont use other crypto just because price can change quickly and I dont have on my wallet.
Of course no stablecoin. I dont want accept any other TOS Roll Eyes

Most people don't use cryptocurrencies that are volatile only because they don't want their money to lose value when they are gambling because you can't exchange them quickly, but you said you use Bitcoin and Ethereum for gambling, and both of them are volatile cryptocurrencies and their price can change anytime and you still said that you don't want to use other cryptos because of the price change, I don't really get that.

Also, most gamblers use stable coins like USDT and USDC only because of this volatility issue and I've never heard anyone saying that they need to accept extra terms of services only for using them, am I missing something here?

AicecreaME

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Quote from: Rabata on May 31, 2023, 05:40:01 AM

Quote from: macson on May 26, 2023, 04:55:15 PM

-Bitcoin
-Tron (USD or TRX)
-Litecoin

the three above are coins that i often use when i want to make a deposit to gamble, but i pay more attention to network fees before making some deposit ^{(because i usually only make a one-time deposit while playing and will not make a deposit on the same day to avoid big losses if i run out of first capital)}. if i see the bitcoin fee is low, then i will use bitcoin, but if the fee is high, using tron ^{(usdt or trx)} or litecoin is my alternative option.

Crypto casinos have been able to bring about a massive change in the world of gambling. A gambler used to feel shy about gambling but now there is no such difficulty. Crypto casinos do not have the difficulty of depositing or withdrawing at fiat currency supported casinos. I use btc for gambling most of the time but make some changes when the market is more volatile. Besides BTC there are a few other coins I want to use. Since Bitcoin is well known and trusted worldwide, I prefer gambling with Bitcoin.

This makes sense.

Way back, there are limited options for you to be able to gamble. Before, when the technology and innovation isn't that much advance yet, you have no option but to go to physical casinos just to gamble to have fun and to profit on the side. Fortunately, today we have modernization and the things we need and want to do can be done conveniently. Crypto casino and other online gambling paved a way for convenient gambling and to avoid having your reputation tainted just because someone saw you gambling on the streets or on physical casino establishments. Ease of deposit and withdrawal is also a plus if you are playing on a reputable casino site so it's really a lot better if you will play and use known reputable casinos instead of those who have questionnable reputation.

swogerino

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Quote from: Rabata on May 31, 2023, 05:40:01 AM

Quote from: macson on May 26, 2023, 04:55:15 PM

-Bitcoin
-Tron (USD or TRX)
-Litecoin

the three above are coins that i often use when i want to make a deposit to gamble, but i pay more attention to network fees before making some deposit ^{(because i usually only make a one-time deposit while playing and will not make a deposit on the same day to avoid big losses if i run out of first capital)}. if i see the bitcoin fee is low, then i will use bitcoin, but if the fee is high, using tron ^{(usdt or trx)} or litecoin is my alternative option.

Crypto casinos have been able to bring about a massive change in the world of gambling. A gambler used to feel shy about gambling but now there is no such difficulty. Crypto casinos do not have the difficulty of depositing or withdrawing at fiat currency supported casinos. I use btc for gambling most of the time but make some changes when the market is more volatile. Besides BTC there are a few other coins I want to use. Since Bitcoin is well known and trusted worldwide, I prefer gambling with Bitcoin.

I want really fast confirmations and I have found that Litecoin to be the most successful coin in spending very little in fees for confirmations and having blazing fast confirmations,I always deposit in Litecoin to be able to go to the game I like in the fastest way possible but most of the time I also change in-game currency to IDR-Indonesian Rupiah to play with as little money as a minimum bet as possible,this keeps me playing longer and by playing longer in well reputable casinos you increase your VIP/tier levels in a much faster way than playing with other currencies,so tons of options for us gamblers in the cryptocurrencies world.

Rigon

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Quote from: Fivestar4everMVP on May 24, 2023, 08:25:04 AM

~
So for me, I've always preferred to do all my gambling in stable coins only for the reasons given above..
So what about you? Do you feel and do the same or do you have a different perspective to this altogether? Let's discuss.

You are right, I have gambled with Bitcoin as long as I have gambled. I never thought like you here. After losing gambling, I never looked at my losses. If I look at the gambling losses like you said, then maybe it will be seen that I have lost a lot of money in my life. Which would be worth several thousand dollars now. From today I will use stablecoins USDT, USDC instead of Bitcoin to participate in gambling. Very nice post you have made and I have learned a lot from here.

Topic: Which Crypto coin Do You Gamble with the Most? - page 4. (Read 818 times)