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Topic: Why not just gamble with fiat? - page 4. (Read 21293 times)

member
Activity: 685
Merit: 14
April 30, 2019, 01:02:54 PM
Playing gambling using crypto is much more interesting. this is because when we play gambling with crypto we will get various conveniences, we will also get privacy in playing. Security is very important so I feel very comfortable playing gambling with crypto compared to when playing gambling using FIAT.

You are trying to speak about for being anonymous with cryptocurrencies.

There is a security on retrieval of the payment is really good at fiat only but if you want to stay safe with bitcoins or altcoins. You may really careful about the transactions on cryptos if you make the transaction to incorrect wallet. You may send it but cannot take the fund back.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
April 30, 2019, 01:00:03 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?

A lot of people choose online- gambling because of convenience and security. Players in online-gambling are anonymous which is why they feel more secured. With regards to convenience, it saves you hassle from bringing your cash to casino, cashing-in and out whenever you go in our out from fiat casinos. Not to exclude that you can actually gamble with just your computer or smart phone while at home. 
hero member
Activity: 1134
Merit: 502
April 30, 2019, 12:47:43 PM
I guess a lot of people are betting with fiat, but when they discover crypto world, they switch fast. It gives you another dimension.  Grin

True, and some people prefer going to casino than playing online to bet on crypto. Like myself i often go to casino to chill and have fun together with my friends.
jr. member
Activity: 65
Merit: 1
April 30, 2019, 07:33:15 AM
I guess a lot of people are betting with fiat, but when they discover crypto world, they switch fast. It gives you another dimension.  Grin
legendary
Activity: 1414
Merit: 1001
April 30, 2019, 05:00:58 AM
Playing gambling using crypto is much more interesting. this is because when we play gambling with crypto we will get various conveniences, we will also get privacy in playing. Security is very important so I feel very comfortable playing gambling with crypto compared to when playing gambling using FIAT.
sr. member
Activity: 1078
Merit: 256
April 30, 2019, 04:39:27 AM
Using FIAT was really difficult, example my FIAT County its IDR we must using a Bank Transfer to send FIAT and the estimation around 2-3 days. Online Payment always the best option because flexible & instant.
I see that also as an advantage of this crypto process, when sending your deposit you'll need to take some time, some of fiat based casinos requires KYC as you can't use the site without completing and being approved by the game master, while in some crypto gaming you can easily bet without any need of filling your documents, enjoying in front of your computers or any device and withdraw after you already satisfied and wanted to quit.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
April 30, 2019, 03:16:49 AM
Anyone is free to gamble as he wish but most people here gamble with crypto because it is much easier to register in crypto gambling casinos than there is on Fiat casinos.Every Fiat casino in the world asks for your Id while in crypto casinos only ask for it if you win really big amounts of money, so gambling with crypto is more flexible.
hero member
Activity: 1400
Merit: 571
April 30, 2019, 03:05:35 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.

Exactly, that is why people chose to gamble with cryptocurrency because in cryptocurrency world, the word "Bias" doesn't even exist, you could gamble as much as you like if you have cryptocurrencies, no matter where you are from, how old are you, what status in life do you have, and so on, fiat is an old money, we are in the new age now.


It seems like none of these crypto services even offer anonymity and transactions are actually slower than fiat services.

Oh, come on, haven't you heard about "Google"?

Whats even the benefit of using crypto to gamblefor you guys?

The benefits of it(if you are winning always) is that you could make bigger profits because the prices of cryptocurrencies is not stable like fiat, if is fluctuating most of the time, meaning you could make profits out of it if you are a good trader who knows when to sell and when to buy(if you wanted to grab the opportunity to earn more money)
hero member
Activity: 1190
Merit: 500
April 30, 2019, 01:32:58 AM
Crypto gambling became to me the way to introduce with crypto. I continued to gamble with crypto when I joined the forum and started to participate in different kinds of campaigns, as many of you may remember, like a year or two before payments were much higher. So in my mide it was easier to loose couple of mBTCs during the game than to transfer money from my salary the the site first and play with them. I believe there are many people like I am here.
The convenience that we get when you play gambling with cryptocurrency. and it is quite difficult to gamble with Fiat online, you have to transfer fiat from your bank to another bank which certainly requires code and administrative fees, its too complicated for me
legendary
Activity: 2660
Merit: 1261
April 29, 2019, 01:14:08 PM
Using FIAT was really difficult, example my FIAT County its IDR we must using a Bank Transfer to send FIAT and the estimation around 2-3 days. Online Payment always the best option because flexible & instant.
full member
Activity: 1484
Merit: 136
★Bitvest.io★ Play Plinko or Invest!
April 29, 2019, 12:35:54 PM
Well. It is okay to gamble using fiat currency, but for me i would like to gamble using my cryptocurrency because like me i don't have time to drive myself or to go at the casino, so i could play gambling because it is much better to play gambling through online. Also, playing in a crypto casino is really convenient because all you need is a computer or a smartphone for you to play that even you are at work or other places you can still play gambling. Right now, I am also playing in a crypto casino who offers great bonuses and you can play casino games like blackjack, poker, baccarat, video slots and many more. Lastly, you can actually use your cryptocurrency that you have won from a crypto casino that you are playing for your investment by that it will be easier for you to gain your profit.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
March 18, 2019, 08:02:47 AM
Gambling with fiat has got lot of stepped process. Another thing important about the use of cryptocurrency is the anonymity. As gambling websites have given anonymity without any KYC, this is been preferred much. Later when bitcoin usage gets similar to fiat, we might get the access to get into gambling only with cryptocurrency.
full member
Activity: 658
Merit: 152
March 17, 2019, 03:15:09 PM
Crypto gambling became to me the way to introduce with crypto. I continued to gamble with crypto when I joined the forum and started to participate in different kinds of campaigns, as many of you may remember, like a year or two before payments were much higher. So in my mide it was easier to loose couple of mBTCs during the game than to transfer money from my salary the the site first and play with them. I believe there are many people like I am here.
hero member
Activity: 840
Merit: 516
March 17, 2019, 03:07:31 PM
Anonymity is still the main benefit of crypto casinos compared to fiat casinos. I do not even find any significant differences in the case of the time when we can play. Both fiat and crypto casinos can be played anytime as well.
The other important benefit is about provably fairness, most fiat casinos has no provably fair system. Provably fair system assure players that the site is not manipulating the outcome, while we cant find it on fiat casinos.  
I don’t think I’ll be doing any good to myself using fiat to gamble when there is cryptocurrency. Aside been Anonymous that makes many choose crypto over fiat there are other vital reasons and one of  them is crypto gives instant payout. For fiat casino you have to wait for a while.

Like 1 week or even a month to get withdrawal but that is not the case Crypt gambling. Even when there is multi verification system, money will still be paid into the wallet within 24 hours; it can even be faster than that. Sometimes within an hour. This is how fast crypt gambling pays out.
legendary
Activity: 3766
Merit: 1742
Join the world-leading crypto sportsbook NOW!
March 17, 2019, 03:06:17 PM
Imho, the biggest selling point of crypto gambling, and that could be easily ported on fiat gambling systems: provably fair number extraction. It's really a game changer that should always be used and verified.

It has taken casual gambling to another level: i NEVER played VLT or other "legacy" gambling systems, then discovered provably fair systems and started to appreciate dice and other games based on random numbers.
hero member
Activity: 1148
Merit: 527
March 17, 2019, 02:07:03 PM
Fiat does not provide the type of anonymity that crypto does. As long as you're using a site that is reputable you are only battling the house edge.
Fiat casino's doesn't give that anonymity that crypto casinos offer. Gambling with fiat is okay and it's just a matter of choice on where you think is more suitable to you.
 It is up to the user that if he wants to use crypto or fiat, there are so many casino which gives it as option to use fiat or crypto but according to my experience it is good to gamble with crypto as for it no one can know how much you have and in case of winning you will not scared of being robbed but you will feel safe about your profit.
Thank you very much. I do not even see why there should be so much comparing here. Crypto is obviously the best in terms of gambling. Security like you mentioned is everything and this would always be put into consideration, and again crypto gambling gives growth potential.

We would realize that fiat is weak and unsecured, it’s clear that a 100USD today does not have the same value it had 20 years ago but this is not the same with crypto, submissive to market changes, we can still tell that it maintains its growth pattern and it’s also applicable to  its gambling
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
March 15, 2019, 05:52:41 PM
Fiat does not provide the type of anonymity that crypto does. As long as you're using a site that is reputable you are only battling the house edge.
Fiat casino's doesn't give that anonymity that crypto casinos offer. Gambling with fiat is okay and it's just a matter of choice on where you think is more suitable to you.

Fiat casinos has the tendency to expose the gambler to hoodlums thereby resulting to assault on the street, speaking form experience backed in the year 2000. But the advent of cryptocurrency has given me hope of anonymity while i gamble on casinos without any fear. Personally i prefer to gamble online using cryptocurrency than free gambling in traditional way.
I haven't heard such stories but if that's a fact and base on your experience, can you share more of what happened? As I've said, it's always our choice on where to gamble and where we suit and comfortable gambling with.
legendary
Activity: 1554
Merit: 1054
March 15, 2019, 10:40:28 AM
I think one of the big advantages for crypto casinos are that they offer games with a much lower minimum bet, betting with one satoshi or the smallest micro unit of a cheaper crypto currency, makes betting on online casinos affordable for everyone.
It is actually a great advantage because crypt gambling has given people like me the opportunity to play.
Fiat gambling is usually more expensive and most times the fear of committing such amount to try since there will be no 100 percent chances of getting it back, but with crypto it’s always like a token and it always look easy to spare and also to participate.

I really like crypto gambling and those little satoshi or 0.002 BTCs have brought me back a whole lot of money.
sr. member
Activity: 994
Merit: 252
March 14, 2019, 09:45:54 PM
Fiat does not provide the type of anonymity that crypto does. As long as you're using a site that is reputable you are only battling the house edge.
Fiat casino's doesn't give that anonymity that crypto casinos offer. Gambling with fiat is okay and it's just a matter of choice on where you think is more suitable to you.
 It is up to the user that if he wants to use crypto or fiat, there are so many casino which gives it as option to use fiat or crypto but according to my experience it is good to gamble with crypto as for it no one can know how much you have and in case of winning you will not scared of being robbed but you will feel safe about your profit.
STT
legendary
Activity: 4088
Merit: 1452
March 14, 2019, 09:16:50 PM
Its safer physically that is a good point but doesnt mean a loss isnt possible if security is not well kept, various precautions are still necessary to stay safe.
Quote
Except China. The case is that it is not even legal to gamble in China
I think China has special areas where tourism to gamble is encouraged and those areas are heavily under government control.    Theres no doubt people across China gamble anyway via a variety of methods including crypto I think is always going to be popular anyway
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