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Topic: Why not just gamble with fiat? - page 8. (Read 21304 times)

hero member
Activity: 798
Merit: 527
March 06, 2019, 12:43:23 PM
#56
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?
Well, one of the benefit of gambling using crypto currency for me is even the anonymity which not all crypto gambling sites require KYC registration, what is anonymous using FIAT if you still have to input your credit card details which your detail can still be gotten out no matter how secured you think the website is.

Crypto gambling is much more transparent and hard to manipulate people with it and finally, we cannot dispute the fact that it has lower transaction fee compared to the FIAT transaction fee.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
March 06, 2019, 09:56:43 AM
#55
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.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
March 06, 2019, 09:42:52 AM
#54
I don’t think gambling with fiat can in any way be compared to gambling with cryptocurrency.

Fiat gambling is cool actually but it is not for everyone, some rejoins or countries do not allow gambling and that definitely means fiat cannot happen in such countries and unlike cryptocurrency gambling, even residents of countries that do not allow gambling can do this at the comfort of their homes, and there are also people are shy to disclose to people they gamble, they just want to make their money secretly without anyone having traces to their sources of income, people like this would rather choose cryptocurrency gambling because it gives more privacy and lastly. Concurrency gambling is much more secured.

Returns and money saved in the wallet and can be withdrawn at will and unlike fiat, someone else is aware of your win and God forbid one becoming a target
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
March 05, 2019, 11:31:46 AM
#53
For me, a very important point is that the casino there I play  for  Cryptocurrency . I'm never going to play on Fiat . I have a clear separation . Cryptocurrency for games, Fiat for life . It's hard for me to control my excitement and I don't want to play fiat . It's just dangerous for me . Therefore, cryptocurrency is the best thing that can be used for gambling .
That's confusing, cryptocurrency have its fiat value if convert it from your local money, both have its worth and I guess the only matters here
is how you play along casinos as both offers online, there's casino who caters fiat and casino who caters cryptos.
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
March 05, 2019, 10:16:06 AM
#52
OP you mentioned those things that fiat casino offers and in opposite that's one of the advantage when you gamble in a crypto casino.
I'm never going to play on Fiat
No one stops you to gamble with fiat, it's also enjoyable but you need to choose the games that's in favor to you.
member
Activity: 686
Merit: 16
March 05, 2019, 08:01:59 AM
#51
For me, a very important point is that the casino there I play  for  Cryptocurrency . I'm never going to play on Fiat . I have a clear separation . Cryptocurrency for games, Fiat for life . It's hard for me to control my excitement and I don't want to play fiat . It's just dangerous for me . Therefore, cryptocurrency is the best thing that can be used for gambling .
sr. member
Activity: 2422
Merit: 357
March 05, 2019, 07:21:27 AM
#50
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?

If thats the case i know how people still chooses to gamble online than use fiat physically in casino. Its how online casinos give the gambler convinience that even at home, they can gamble using any computer with internet. With this they can also secure themselves from possible robbery ahead.
hero member
Activity: 2912
Merit: 556
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March 05, 2019, 06:58:00 AM
#49
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.
From all comments I can summarize that, gambling in cryptocurrency is much more convenient. the main thing of course is from the legality, in fiat there will be special rules, not infrequently the police can arrest you ? or taxes that exist on fiat itself.

Yup, I think gamblers from cryptocurrencies don't want to use fiat because of many reasons. Gambling using fiat need to send a document which we (people who involved in crypto) wants to avoid, but I don't know if there are people who still want to send the document to fills KYC for playing gambling Grin.

Besides that, gambling in some country might be illegal, and maybe online gambling was illegal too, so people prefer to use online crypto gambling to play gambling games.
sr. member
Activity: 1162
Merit: 251
March 05, 2019, 04:26:22 AM
#48
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.
From all comments I can summarize that, gambling in cryptocurrency is much more convenient. the main thing of course is from the legality, in fiat there will be special rules, not infrequently the police can arrest you ? or taxes that exist on fiat itself.
full member
Activity: 2086
Merit: 193
March 05, 2019, 03:44:15 AM
#47
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.
This is one of the advantage of crypto gambling where you can easily monitor all your transactions and review it, while in casinos you are just playing like you are throwing your money without having any information of the past. I also love to gamble on casinos, but during my busy days it is more convenient for me to play online which is one click away.
full member
Activity: 1750
Merit: 118
March 05, 2019, 03:26:27 AM
#46
gambling doesn’t mean that the person gambling isn’t doing one or two other things out there to make money, after all the money used in gambling was gotten from somewhere, some play gamble to be able to see how they can multiply little out of the income they get as you are aware that responsibilities that needs to be met as a man is quite much and you need to look out for multiple sources of income to be able to stand which I believe gambling is one of them provided you play it well.
I really wonder why many people still think those who are gambling are one sort of a non-serious person who wants to play away with his line but no, I remember I have a friend who has a big showroom selling electronics and at the same time uses his car for UBER driving, sometimes he branches at some of this gambling places to bet his money in order to make more money.

Hence, some people gamble in order to have multiple sources of income like you said which I do too several times and I don’t think that makes me a non-serious person, I also trade with my time and still do lot of laboring jobs.

oh thats cool to see that you and your friend are verry active to find income opportunities  but whats gooder is that you and your friend do still have a time to play gambling but you should spend the cash wisely so that your efforts of finding a money wont not be wasted .   in my case i do only have a limited sources to earn money  , thats why i dont really hang out on gambling places becuase i value my money as it is hard to find nowadays  .
legendary
Activity: 3346
Merit: 1128
March 05, 2019, 03:08:02 AM
#45
gambling doesn’t mean that the person gambling isn’t doing one or two other things out there to make money, after all the money used in gambling was gotten from somewhere, some play gamble to be able to see how they can multiply little out of the income they get as you are aware that responsibilities that needs to be met as a man is quite much and you need to look out for multiple sources of income to be able to stand which I believe gambling is one of them provided you play it well.
I really wonder why many people still think those who are gambling are one sort of a non-serious person who wants to play away with his line but no, I remember I have a friend who has a big showroom selling electronics and at the same time uses his car for UBER driving, sometimes he branches at some of this gambling places to bet his money in order to make more money.

Hence, some people gamble in order to have multiple sources of income like you said which I do too several times and I don’t think that makes me a non-serious person, I also trade with my time and still do lot of laboring jobs.
legendary
Activity: 1302
Merit: 1037
March 03, 2019, 11:12:07 PM
#44
Fiat casino is far from our house and the capital isn't that huge so why bother going to physical casino if I have a choice that is more convenience. All I need is internet data and I can play right away, anytime I wanted, not bothering I wear. Plus, for me wether online or physical casino still the chances of winning is low.
That is not very motivating. I think that with the passage of time, you would get good experience and that experience can help you win high. But till then, I would suggest you to invest in any side business because this is very important as you just cannot rely on the income from what you do in gambling. There is very less probability for that so to be on the safe side, you should come out of your safe zone, put on a yellow T-shirt and start making money.
But gambling doesn’t mean that the person gambling isn’t doing one or two other things out there to make money, after all the money used in gambling was gotten from somewhere, some play gamble to be able to see how they can multiply little out of the income they get as you are aware that responsibilities that needs to be met as a man is quite much and you need to look out for multiple sources of income to be able to stand which I believe gambling is one of them provided you play it well.
sr. member
Activity: 2506
Merit: 368
March 02, 2019, 09:57:20 AM
#43
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.
Gambling with cryptocurrency is widely used every day in online casinos, it makes you to play as much as you like without stopping you to play all day long as long as you do have the crypto to play gambling.

The reason why such people don't like to gamble with fiat is the delay of taking it out because there is a lot of processes the user to undergone before he could get it all. Would you like to gamble if your bankroll were being held for a couple of days before you can play again? Though on the other hand, it is helpful to not spend most of your money if you are losing already.
legendary
Activity: 3346
Merit: 1128
March 02, 2019, 09:47:56 AM
#42
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?
Gambling with FIAT personally in my country is illegal and anyone caught doing this risk going to jail.

Either Live or Online because if you are to play online you have to make deposit to a gambling site using your debit card which the history will pop up in the bank that deposit was made into a gambling account which investigation will commence immediately but crypto has help people like us to gamble freely now because it protects one’s privacy, no one will know if your money was deposited into a gambling site or not, so for that privacy alone, crypto has helped a lot.
hero member
Activity: 1232
Merit: 858
February 28, 2019, 06:33:44 AM
#41
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.
full member
Activity: 686
Merit: 108
February 27, 2019, 09:42:41 PM
#40
It's because gambling with fiat for me, is more expensive. Another reason is that, I'm easily getting tired of waiting so I can sit for the game that I want. Unlike gambling with crypto, I'm very free to play anytime I want.
So do you mean you can't play real gambling anytime?
Yes, you can't play real gambling anytime since they most likely open at night. Unlike in online gambling, even though you're lying on the bed or about to sleep, you can play any gambling games you want any time.
There are some big casinos that are open 24/7 so I think you can look for that one.
You can use any currency as long as its acceptable and if you think cryptocurrency is more convenient to use, then play with it. IMO, there's a big difference if you will gamble with your fiat money and cryptocurrency.
hero member
Activity: 1120
Merit: 553
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February 27, 2019, 08:27:17 PM
#39
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.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
February 27, 2019, 06:27:09 PM
#38
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.
hero member
Activity: 1232
Merit: 858
February 27, 2019, 06:19:04 PM
#37
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 like crypto games for my opportunity to have a good time and earn money. I can do it in the casino, but the variety does not get bored with gambling.
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