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Topic: Why not just gamble with fiat? - page 2. (Read 21274 times)

full member
Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
May 25, 2019, 08:03:40 PM
The gambling people who think about the future also will definitely came with the programming that's why they want to do the normal gambling with the help of Fiat currency and it will also needed for the situation while the cryptocurrency developing than everyone do this process only.
sr. member
Activity: 1722
Merit: 309
May 25, 2019, 07:43:53 PM
Fiat casinos are actually regulated and you won't get some shady off shore website witholding your funds because you didn't pass a background check.  It seems like none of these crypto services even offer anonymity and transactions are actually slower than fiat services.  Whats even the benefit of using crypto to gamblefor you guys?

Why use cryptocurrency for casinos?
1- privacy- your identity is protected
2 - less bureaucracy. You can gamble in casinos in America, China or Europe, without any paperwork.
3- cheap and fast transactions - a swift may cost up to 45 USD to send money from USA to Europe. A BTC transaction may be done with like 0.10 usd or less.
That is right, in addition. You can gamble anonymously and have a convenient way when you are in gambling. No need to go into the casino just to gamble, you can do it even in your room facing at your laptop/PC. However, there still people choosing to gamble using fiat but that is their preferences where they are comfortable in that way, each one of us having preferences in choosing a currency which feels better.

I agree, it depends actually on the person who gamble because we all have different preferences, some may want to gamble using fiat and go to the casino some may also do it in the comfort of their home and use cryptocurrency instead. As for me, i'd prefer using cryptocurrency because I felt safer knowing that your identity is protected and no one can really rip you off easily. Also, i'm not fun of going to the casino really I just want to do it online as well.
full member
Activity: 1498
Merit: 146
May 25, 2019, 07:01:08 PM
Fiat casinos are actually regulated and you won't get some shady off shore website witholding your funds because you didn't pass a background check.  It seems like none of these crypto services even offer anonymity and transactions are actually slower than fiat services.  Whats even the benefit of using crypto to gamblefor you guys?
people wants their income to be developed every time when they are not working also that is the main reason people using the cryptocurrency gambling otherwise gambling with anything will be the same so the investment and cryptocurrency will give the extra edition for everyone.
jr. member
Activity: 108
Merit: 6
May 25, 2019, 06:37:25 PM
So many scam gambling ads on this forum , makes me sick
full member
Activity: 924
Merit: 220
May 19, 2019, 10:01:03 AM
It is easy to scam using fiat and could not even complain due to lack of evidences to which cryptocurrency could do. Through block chain the transactions are all recorded and has transparency to the public. So, no one could deny if one had transferred funds and recorded on blockchain then if it successful for sure the money had beem transferred already so meaning to say that an individual or company receiving the transfer could.not deny it through block chain records.
hero member
Activity: 1120
Merit: 554
May 19, 2019, 09:08:21 AM
I found it more convenient to gamble with crypto rather than Fiat,
I want the anonymity that crypto gives us specially in gambling it doesn't require us to send our personal data,
And it could our family or friends to know that we are gambling of course if we want to keep it hidden to them.
And it is much more easier to gamble with crypto since we only need to have an internet access to play unlike in Fiat we need to go to real casino's just to gamble or play.

There really isn't anonymity gambling with crypto because every gambling website makes you do KYC if you win a significant amount of money.  It happens all the time, its usually a stall tactic to keep your money anyways.  If you are serious about gambling you will just use regular money at reputable casinos instead of messing with crypto ones.
sr. member
Activity: 1036
Merit: 294
May 19, 2019, 04:34:32 AM
I think it's more convenient to play gambling online than going to real casinos with fiat. You can play at your own leisure. Yes, you can also do that with fiat but you still have to go to its place which will cost you money for transportation or for gas. While in gambling online with crypto, you can just sit anywhere you find your comfort and play provided you have an internet connection. And another is the privacy, as well. You can keep your anonimity while playing and enjoy your freedom.
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
May 10, 2019, 02:38:29 PM
Being in crypto and earning cryto currencies would be a main reason behind gambling with cryptos instead of fiats. We do have gambling sites played in crypto currencies and it becomes much easier for crypto players to gamble instead of fiats.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
May 07, 2019, 09:50:44 AM
Personally, becasue of my identity i choose to gamble anonymously and fiat gambling cannot hide a gambler identity. Have gambled in traditional way before i joined the cryptocurrency world and the two cannot be compare, i prefer gambling anonymously than gambling with fiat to expose my real identity.  

That is the most reason for gamblers who gamble on the cryptocurrency. They don't want to send their document to the gambling site, and fortunately, we have so many options to play at many gambling websites without verification. And if there is a gambling website which needs to verify the account, I think we can skip them and not use them to gamble.
hero member
Activity: 1092
Merit: 523
May 07, 2019, 04:14:34 AM
Personally, becasue of my identity i choose to gamble anonymously and fiat gambling cannot hide a gambler identity. Have gambled in traditional way before i joined the cryptocurrency world and the two cannot be compare, i prefer gambling anonymously than gambling with fiat to expose my real identity.  
Many people who do not give a damn or have no sense about their identities do gamble using fiat. They are normally the people with low knowledge about the instruments that could be used to track them down. I am talking about the traditional side of gambling right now which is widespread in sport gambling something I love a lot. The purpose of using crypto is to hide your identity only if you are not going through a KYC.
hero member
Activity: 952
Merit: 503
May 06, 2019, 08:12:16 AM
Personally, becasue of my identity i choose to gamble anonymously and fiat gambling cannot hide a gambler identity. Have gambled in traditional way before i joined the cryptocurrency world and the two cannot be compare, i prefer gambling anonymously than gambling with fiat to expose my real identity.  

When we gamble with fiat in online sites, we have to use our credit card and our identity is easily revealed. Bitcoin is best suited for gambling as it is easy to transfer bitcoins to gambling site and secondly our identity will not be revealed and we can easily play gambling anonymously.
This is a reason why the use of crypto gambling is so wide and on large scale. This is important for people who feel ill at ease if they pay using their credit cards. KYC is bad for such people and they refrain gambling at sites that need kyc. Guys in the local casinos use hard cash and can get away with any amount of money. They just do not care about their identity being disclosed because local casinos are usually registered.
legendary
Activity: 1302
Merit: 1037
May 06, 2019, 04:09:02 AM
My local fiat casinos and sports betting sites will not let me gamble outside my country, do to country restrictions, so here are crypto casinos a great thing to use. I also like that I don't have to pass KYC on online casinos. As well as it is great to be able to use my crypto on something.

Many of us have the same situations as you, and that is why they choose to gamble with crypto. Using crypto for the bets makes them comfortable to gamble, they don't have to pass KYC that might be needed on the local fiat casinos or sports betting sites. Now people seem to play gambling by secretly without anyone knows what they did and they don't want to expose their activity in the gambling games.

Gamble with crypto can cover the anonymity for every gambler so they can continue to gamble on many websites which don't need to pass KYC. Besides that, people have so many coins they can use to place the bets, and they can use for just less than $5 to play gambling.
Just imagine all the numerous benefit of crypto gambling, now people like you can gamble happily with your information hidden and I must admit that it is truly a great development.

I particularly chose to gamble with Bitcoin because of how fast the withdrawal process can be. I was amazed in my first trial. It also gives the possibility to generate more interest, imagine gambling and winning with Bitcoin at the point Bitcoin increases in value, that’s a great advantage really. Cryptocurrency gambling has given the privilege for players to own and sell their assets whenever they so desire and additionally, players can count on additional bonuses.
full member
Activity: 924
Merit: 220
May 05, 2019, 04:31:32 AM
Hello, fiat doea not have blockchain technology when you bet online then your deposits could not be recorded and will have the possibility that it will lost in the process of depositing. You know that there are greedy people out there also so you must need a block chain tech for this to make sure of the deposits to reach through the betting platform.
sr. member
Activity: 2030
Merit: 356
May 05, 2019, 01:57:29 AM
Personally, becasue of my identity i choose to gamble anonymously and fiat gambling cannot hide a gambler identity. Have gambled in traditional way before i joined the cryptocurrency world and the two cannot be compare, i prefer gambling anonymously than gambling with fiat to expose my real identity.  

When we gamble with fiat in online sites, we have to use our credit card and our identity is easily revealed. Bitcoin is best suited for gambling as it is easy to transfer bitcoins to gambling site and secondly our identity will not be revealed and we can easily play gambling anonymously.
member
Activity: 315
Merit: 15
May 05, 2019, 01:39:39 AM
Fiat casinos are actually regulated and you won't get some shady off shore website witholding your funds because you didn't pass a background check.  It seems like none of these crypto services even offer anonymity and transactions are actually slower than fiat services.  Whats even the benefit of using crypto to gamblefor you guys?
Simply I think because using crypto is way more convenient because you don't have to visit the real casino just to play by just using your pc or smartphone is way easier besides, using crypto is making you invisible in the eye of everyone since it is anonymous. As we play gambling we prefer to be hidden our identity because for some reason we don't want to be found out. Moreover, using crypto gave us faster transaction thus we don't need to wait to take out our winnings. And one of the crypto casinos I knew is Vegas Casino where you can guarantee to have faster transaction and secure. It also have unique bonuses that other crypto casino doesn't have thus making it more interesting.
newbie
Activity: 74
Merit: 0
May 04, 2019, 08:49:32 PM
Fiat casinos are actually regulated and you won't get some shady off shore website witholding your funds because you didn't pass a background check.  It seems like none of these crypto services even offer anonymity and transactions are actually slower than fiat services.  Whats even the benefit of using crypto to gamblefor you guys?

I agree with you, we already have traditional casino everywhere which used fiat to regulated everything and since crypto and cashless transactions are way to convenient these days people starts to creat online casinos which acquired the same features as what Bitcoin is and wirh that we don't need fiat to perform this since online gaming sites are now offering Bitcoin Deposits and one of that is Vegas casino in which gou can have great deal of reward especially or those first time depositor, and I got to play with their various games such as poker, black jack, slots, roulette and many more with proper moderation.
full member
Activity: 1456
Merit: 148
May 04, 2019, 09:44:13 AM
Personally, becasue of my identity i choose to gamble anonymously and fiat gambling cannot hide a gambler identity. Have gambled in traditional way before i joined the cryptocurrency world and the two cannot be compare, i prefer gambling anonymously than gambling with fiat to expose my real identity.  
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
May 04, 2019, 09:42:12 AM
I too gamble with fiat and sometimes they even have better odds specially in sports betting. But fiat casinos are more hassle than cryptocurrency one. You need to verify your KYC, the deposit and withdrawals are late and you risk yourself if you are gambling from a gambling prohibited country.
Yes, fiat casino are a bit more hassle than the online crypto gambling that we're now dealth with.

If you're in that condition of living in a country that prohibits gambling, for your own sake, better abide the law.
That is the reason many people switch to online gambling and crypto, because some countries do prohibit gambling. At first I gambled using fiat on a bookies but it was very risky in my country because the law forbids gambling, in the end with online gambling and crypto it would be safer and less risk because we remained anonymous, about withdrawals and funds saved there I don't think it's a problem as long as the gambling site is indeed trusted.
hero member
Activity: 1190
Merit: 541
May 04, 2019, 09:19:15 AM
In my place, there is no casinos or any place that I can gamble my fiat money so I choose to gamble in gambling websites. This is the reason why I don't gamble using fiat currency. There are some gambling sites that accepts fiat currency to gamble but for me, I'm more comfortable to gamble using cryptocurrencies.

One more, if your country has banned gambling then you can't gamble anymore. This is where gambling sites that accepts cryptocurrencies are useful because if you want to gamble then you just register, deposit and you are good to go. I'm more comfortable when I'm gambling using crypto compare to fiat.
That means there will be more users of online gambling from your country. Just curious to ask, why don’t they have any offline casino in your place, is gambling illegal or there are there are just not people who have the idea to create one, because in my place, you will almost see a gambling center in   almost every street but yet I still prefer to gamble online using my cryptocurrency.

I prefer to gamble with my cryptocurrency because I make more profit when I win, gambling with my Bitcoin has been one of the fastest ways I increased my Bitcoin. Gambling with Bitcoin can be nice and at the same time very risky, so if you are not sure if your of your game, don’t even try to ply wit Bitcoin otherwise you will lose it all.
member
Activity: 616
Merit: 30
May 03, 2019, 09:34:13 PM
Separating FIAT from crypto means you have a natural barrier to not over run your budget for bills requiring FIAT money.    If your winnings are in crypto and you keep them there mostly, only spending profits then it cant do much harm to your normal finances perhaps.  

Seems like one way it could work out for the better.     I have roughly done as much, I dont especially consider crypto a solid asset more a speculative bit of fast money to gamble or move around crypto to various projects maybe.    Its all justified as crypto can rise alot and theres alot of growth but its hard to be in crypto or do much of a gamble with solid boring money that probably should be going towards a big bill.
I love the concept of the first part mate,separating our Fiats to our cryptocurrency

Letting our Fiat pays for our daily obligations are.more suitable than taking some of our cryptocurrency because this is a true meaning of discipline and i really appreciated this

While using our Crypto in Gambling and trading preferably will keep our future more better as we all believed that this is the future currency, so i guess i have learn something that i can use for my crypto spendings
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