Why not just gamble with fiat? - page 5.

BUK2016

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Quote from: tabas on March 14, 2019, 05:04:46 AM

Quote from: peonminer on March 13, 2019, 03:55:06 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.

hulla

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Quote from: Xenrise on March 14, 2019, 12:51:53 AM

The reason why I chose to gamble cryptocurrency rather than fiat is that cryptocurrencies first benefit, being anonymous every time. Being anonymous hides your personality, your looks and most importantly your age.

In addition to, we are in the age of technology and almost everything can be done through the internet so online gambling site seems more like a daily activities, easy to play and active in terms of knowing ones fate about the game result.

Quote from: Xenrise on March 14, 2019, 12:51:53 AM

When you are going into a casino to gamble, you need to be 22 years of age to enter. And there are so many paperworks to submit to.

Mind you, some identity verification are also asked by some online gambling site when players win a huge amount of fund.

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Quote from: adaseb on March 13, 2019, 02:18:46 AM

Have you been to a real casino recently? You can't gamble with a penny. Maybe you can on some slots.

However if you want to play a game like Poker, Roulette, Blackjack they all got min bet amounts. So basically if you go to a casino with $5 you won't stay there too long.

With most crypto casinos you can bet with like 10 satoshi or so, some even offer 1 satoshi bets. Actually some even let you bet with 0 Satoshi.

So his point is correct that it makes gambling more affordable since the limits are much much lower.

That’s a very good and clear example. if 10 satoshis can offer a player 1 bet, you can see how satisfying this would make everyone. Having to try as much as you can. There are many who gamble for entertainment and committing little satoshis means nothing to them. It indeed makes gambling very affordable; thereby giving everybody the chance to be a player and one can decide trying for a number of times before winning.

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Quote from: leowonderful on February 27, 2019, 07:27:09 PM

I don't have to go through pesky verification and such with most crypto exchanges, and I also use VPNs and mixers on certain sites to ensure that my bets are as anonymous as possible. It's entirely possible a crypto casino's banned in your country, but to get around this you can open an account through a VPN and only access the account through the VPN, though it's still possible you get found out and your account gets closed.

That's one of the disadvantage of casinos. You need to undergo a lot of verification for you to go inside it and with cryptocurrency gambling sites you really don't need some verification. An address, username is enough to gamble.

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Quote from: Ellen Adarna on March 14, 2019, 09:56:12 AM

Quote from: Butterscotch Cartman on January 20, 2019, 07:13:40 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?

In my own opinion, it's much better to gamble in online casino and using cryptocurrency rather than fiat casino.

I love crypto and what it stands for but lets not kid ourselves. Its a lot easier to get your money refunded if you pay with a fiat service like a bank or credit card. Once your crypto is sent it is in possession of the receiver and no one else can move it from that wallet.

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First my question. Why should gambling with fiat only, if the person owns the cryptos and cash they will do with both options. If you do not know about cryptos and you love to gamble then you will gamble with the cash only on fiat gambling site like bet365 and etc.

Try at the good gambling site with cryptos. I am sure you will addicted to use with your cryptos Wink

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Quote from: hydropump on March 14, 2019, 09:59:45 AM

Quote from: Ellen Adarna on March 14, 2019, 09:56:12 AM

Quote from: Butterscotch Cartman on January 20, 2019, 07:13:40 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?

In my own opinion, it's much better to gamble in online casino and using cryptocurrency rather than fiat casino.

I think it's much better in playing real casino rather than online casino because it's much better to play an actual game. what are your other reasons why online gambling is much better than real casino ?

Well, it's much better to play in online casino rather than real casino because it is much convenient for people that our tired from work or lazy people that they don't need to drive far just to go and play in a casino, all they need is an internet and computer, or a smart phone to access and play in a gambling site. As a gambler it is really hassle that you need to go in a casino especially if the casino is far from your home, that is why it is much better if you would play in a gambling site or in a online casino. And also even it is your break time at work you can now gamble and play through online.

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Quote from: Ellen Adarna on March 14, 2019, 09:56:12 AM

Quote from: Butterscotch Cartman on January 20, 2019, 07:13:40 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?

In my own opinion, it's much better to gamble in online casino and using cryptocurrency rather than fiat casino.

I think it's much better in playing real casino rather than online casino because it's much better to play an actual game. what are your other reasons why online gambling is much better than real casino ?

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Quote from: Butterscotch Cartman on January 20, 2019, 07:13:40 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?

In my own opinion, it's much better to gamble in online casino and using cryptocurrency rather than fiat casino.

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Quote from: adaseb on March 13, 2019, 02:18:46 AM

Have you been to a real casino recently? You can't gamble with a penny. Maybe you can on some slots.

However if you want to play a game like Poker, Roulette, Blackjack they all got min bet amounts. So basically if you go to a casino with $5 you won't stay there too long.

With most crypto casinos you can bet with like 10 satoshi or so, some even offer 1 satoshi bets. Actually some even let you bet with 0 Satoshi.

So his point is correct that it makes gambling more affordable since the limits are much much lower.

This is actually a very good differentiator between fiat and crypto gambling.

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Quote from: peonminer on March 13, 2019, 03:55:06 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.

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Quote from: stepwilli on March 11, 2019, 10:58:29 AM

Quote from: FontSeli on February 28, 2019, 07:33:44 AM

Quote from: Polar91 on February 27, 2019, 09:27:17 PM

It's because if it's not being taxed, it can be already considered as illegal. Also, gambling with cryptocurrency I think is easier since it's easy to transfer, low fee, and very fast at the same time.

At the moment, payments from cryptocurrency casinos are much more difficult to track and therefore it is more profitable to play in them in this regard. I like the idea of the existence of such casinos, it allows you to find a wider use of cryptocurrencies.

Just think if a small shopping mall in Chicago can accept Bitcoin, do not you think there might be casinos that would have the Bitcoin gambling facilities? I do think and there are such places.

But, the use of fiat is wide and long in many countries and that is a profitable and acceptable thing especially in countries where Bitcoin is not legal. Gambling with fiat is an already established thing and gambling with Bitcoin would be something new and excited in the markets where the coin is new.

Except China. The case is that it is not even legal to gamble in China but still there are casinos operating and you can gamble with your fiat but not Bitcoin at all for Bitcoin is not considered legal as well. Speaking about the rest, it is possible and in fact very convenient for casinos to accept Bitcoin as a form of payment. The gamblers know no boundaries for making money and so does casinos.

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Quote from: Yamifoud on March 14, 2019, 02:23:23 AM

Quote from: Xenrise on March 14, 2019, 12:51:53 AM

The reason why I chose to gamble cryptocurrency rather than fiat is that cryptocurrencies first benefit, being anonymous every time. Being anonymous hides your personality, your looks and most importantly your age. When you are going into a casino to gamble, you need to be 22 years of age to enter. And there are so many paperworks to submit to.

I may think, its not all about of being anonymous but we can easily used cryptos than of fiat in gambling. We felt no stress in using crypto for online gambling as we can easily do betting anytime. Since that is it purpose then, why should not to used it?
This is only works for online gambling but for casino's we can only used cryptos if it is accepted or just used fiat instead.

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.

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Quote from: Xenrise on March 14, 2019, 12:51:53 AM

The reason why I chose to gamble cryptocurrency rather than fiat is that cryptocurrencies first benefit, being anonymous every time. Being anonymous hides your personality, your looks and most importantly your age. When you are going into a casino to gamble, you need to be 22 years of age to enter. And there are so many paperworks to submit to.

I may think, its not all about of being anonymous but we can easily used cryptos than of fiat in gambling. We felt no stress in using crypto for online gambling as we can easily do betting anytime. Since that is it purpose then, why should not to used it?
This is only works for online gambling but for casino's we can only used cryptos if it is accepted or just used fiat instead.

Xenrise

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The reason why I chose to gamble cryptocurrency rather than fiat is that cryptocurrencies first benefit, being anonymous every time. Being anonymous hides your personality, your looks and most importantly your age. When you are going into a casino to gamble, you need to be 22 years of age to enter. And there are so many paperworks to submit to.

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Quote from: Butterscotch Cartman on January 20, 2019, 07:13:40 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?

Anonymity, safer exchange where money wouldnt return back (due to networks functionality - you can't return / refund back), Less transaction fees from entities such as bank transactions, pay pal and such.
Also crypto looks easier then regular fiat services in a way they are more faster and you have a way more diversity for using them. (options)

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Given the anonimity of the gambler, It's also because of the convenience of playing Online and no hassle and no need to go to land based or underground casino which quite uncomfortable to others. Though, Fiat gambling can also play online. Yes, it is but the catch here is that most of the online casino which uses fiat needs to conduct KYC to verify the legality of the user. Identity is at risk, unlike to crypto gambling most of the online gambling site don't need to submit such IDs, just load the address and voila, you can easily access the gambling site. Also the varieties of Crypto gambling is much more entertaining rather than those classic, normal games at the casinos.

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Quote from: Butterscotch Cartman on January 20, 2019, 07:13:40 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?

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.

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Quote from: shield132 on March 06, 2019, 10:56:43 AM

Crypto gambling is unique at it's own too. I bet non fiat casino will offer you to bet 0.001 usd and so on, at least I have never seen such thing, bitcoin suits dice the most. On another hand anonymity is the most serious factor too, some people may have problem in jobs if they have any gambling history so with bitcoin casinos you protect your privacy and sometimes your win may rise or fall because of so changeable price.

I have seen a lot of people facing several issues regarding jobs as well as taxations from the government of respected nations in terms of fiat gambling. Fiat currency gambling makes it easier for the government to keep a track on and even you do need to pay various taxes for gambling with fiat currencies.

We can gamble with any amount until and unless it is linked to crypto gambling which does not remains the same with fiat gambling.

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Quote from: MakeMoneyBtc on March 12, 2019, 10:18:25 PM

Quote from: cryptjh on March 12, 2019, 06:03:20 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.

I don't see that as an advantage since casinos are anyway affordable for pretty much anyone these days. Also the winnings are a lot smaller if your bet is only 1 satoshi and that's why almost no one plays on that small amount. Good thing about this is that you could win a jackpot with only 1 satoshi bets so for those who are lucky this is an advantage

Have you been to a real casino recently? You can't gamble with a penny. Maybe you can on some slots.

However if you want to play a game like Poker, Roulette, Blackjack they all got min bet amounts. So basically if you go to a casino with $5 you won't stay there too long.

With most crypto casinos you can bet with like 10 satoshi or so, some even offer 1 satoshi bets. Actually some even let you bet with 0 Satoshi.

So his point is correct that it makes gambling more affordable since the limits are much much lower.

Topic: Why not just gamble with fiat? - page 5. (Read 21274 times)