Pages:
Author

Topic: Why not just gamble with fiat? - page 9. (Read 21274 times)

hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
February 27, 2019, 03:02:17 PM
#36
The online gambling is neither legal nor illegal in my country. So, I prefer playing in crypto casinos rather than fiat casinos where i can be anonymous. Not every casinos asks for KYC. Moreover VPN is allowed in majority of the casinos. For me, my preference is not about faster transaction. It's always about being anonymous.
Not only by being anonymous but also the convenience that it gives when we do gambling online with crypto. No hassle, no kyc thing unlike on fiat based online casinos.
For physical ones, not all joes do have the access to it since not all places do have that kind of place. When it comes to transactions when you are on a physical then no doubt that
this is the fastest one but when it goes to online, crypto would still always have the edge.
legendary
Activity: 3234
Merit: 1214
casinosblockchain.io
February 27, 2019, 02:37:44 PM
#35
More countries don't have access to gambling websites. On countries having legal support people make use of the fiat based gambling websites. Another important thing with gambling is that, if an user tries cryptocurrency used gambling once then surely he'll not further go on the fiat based gambling. When crypto gives the convenience what's the need of just gambling with fiat.
hero member
Activity: 2632
Merit: 833
February 02, 2019, 11:37:36 PM
#34
I have worst experienced playing on a fiat gambling site. I deposited and won some and when I was about to withdraw just over £50.00, they ask me personal info which I don't like to share.

So I was disappointed and was forced to play and lose everything.
full member
Activity: 630
Merit: 102
February 27, 2019, 01:33:16 PM
#34
The online gambling is neither legal nor illegal in my country. So, I prefer playing in crypto casinos rather than fiat casinos where i can be anonymous. Not every casinos asks for KYC. Moreover VPN is allowed in majority of the casinos. For me, my preference is not about faster transaction. It's always about being anonymous.
hero member
Activity: 3052
Merit: 685
February 02, 2019, 10:29:02 PM
#33
I wonder how you enjoy gambling outside?I mean the ambiance or playing with real people?is there really no chance?sorry i was only thinking since in our place we have plenty of casino so I don’t know how it works on yours
There is no chance to me play gamble outside with other people because such as i said before there is no casinos at here even if i was only playing cards but use money with my friends it will recognized as illegal acts and against the law and as a gambler sometimes i do want to feel experience gambling use fiat in the real casinos but if i want it the only way is i have to go outside my country
That very hard on your part, if you go outside the county, it's more expensive..
So just stick to what it is easy, and that is gambling online with crypto.
hero member
Activity: 3038
Merit: 634
February 27, 2019, 10:31:10 AM
#33
Sorry, I don't understand. Why is fiat gambling more expensive?

Hope you can help me understand! Thanks
I'm not a typical fiat gambler now because I've turned myself into crypto gambling. I can't think of a reason why fiat gambling is more expensive than the usual crypto gambling. Maybe he's just reasoning it out and found that it's more expensive on his end.

Well it is really up to the gamblers whether they like to play on crypto or not,
I mean there are also some gambling sites that accept Fiat ,
But I think crypto gambling sites are in trend since it is very easy to use.
Yes, you can gamble with fiat online depending on the casino that you are using. I'm much confident gambling with crypto casino's and there's no need for more validation or confirmation of your identity which we don't like.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
February 02, 2019, 11:47:16 AM
#32
I wonder how you enjoy gambling outside?I mean the ambiance or playing with real people?is there really no chance?sorry i was only thinking since in our place we have plenty of casino so I don’t know how it works on yours
There is no chance to me play gamble outside with other people because such as i said before there is no casinos at here even if i was only playing cards but use money with my friends it will recognized as illegal acts and against the law and as a gambler sometimes i do want to feel experience gambling use fiat in the real casinos but if i want it the only way is i have to go outside my country
hero member
Activity: 1190
Merit: 541
February 27, 2019, 10:00:22 AM
#32
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.
member
Activity: 616
Merit: 30
February 02, 2019, 10:59:01 AM
#31
For me i have simple reasons why gambling use crypto instead of fiat because i was never visiting land based casino because gambling was forbidden in my country which mean there is no fiat casinos available and that's why i never gamble use fiat but the benefit gambling use crypto that i can gamble whatever i want because gambling use crypto can be done on everywhere as long i have internet connections to do so
So you’re safe to have an option mate?Lol 😉

Well on that part you can save more time since you are only playing online,but the chance of addiction is indeed,though this will depend on us if we let ourselves become one

I wonder how you enjoy gambling outside?I mean the ambiance or playing with real people?is there really no chance?sorry i was only thinking since in our place we have plenty of casino so I don’t know how it works on yours
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
February 25, 2019, 10:14:21 AM
#31
Well it is really up to the gamblers whether they like to play on crypto or not,
I mean there are also some gambling sites that accept Fiat ,
But I think crypto gambling sites are in trend since it is very easy to use.

When we gamble on the gambling site that accepts fiat, we need to use a credit card or transfer the money which requires more than an hour, or it could take days before it can arrive into our account.

When we use crypto, we don't need to wait too long because by using bitcoin, ethereum, dogecoin or even reddcoin, it will arrive in less than 30 minutes so we can start playing.

The benefit of using crypto for me is because it is easy and simple for me. I only need to send the crypto which I already have or buy in the exchange and then send it into the gambling sites, and I don't have wait for a long time to arrives in my account. The other reason is that most crypto gambling site doesn't need KYC to join and I don't think it's a good idea to fill our personal information to play gambling.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
January 21, 2019, 10:17:58 PM
#30
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?

Not all country allow people to gamble with fiat and we know that if we still gamble, we can get arrested because of breaking the law. And with the existing of crypto, we can gamble by online, and the best part is we don't have to go to the place, and we can gamble in our home or anywhere we want. With gamble using crypto, we can stay anonymous and we can play without worry except the government can reveal our identity.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
February 02, 2019, 09:33:56 AM
#30
For me i have simple reasons why gambling use crypto instead of fiat because i was never visiting land based casino because gambling was forbidden in my country which mean there is no fiat casinos available and that's why i never gamble use fiat but the benefit gambling use crypto that i can gamble whatever i want because gambling use crypto can be done on everywhere as long i have internet connections to do so
legendary
Activity: 3500
Merit: 1354
February 25, 2019, 09:55:49 AM
#30
1. Crypto casinos are not restricted by region. There are many countries where gambling is banned. But crypto casinos are open to those geographies where anyone from any part of the world can play and enjoy casino games from the comfort of their home.

Not anymore, nowadays there many crypto gambling sites are restricted for some region. Or maybe banned by countries where the gambler lives.

2. Not all crypto casinos require KYC docs to verify the identity of a player. That is one of the basic checks that any player can do before depositing money in to any crypto casino. There are exceptions as well but they are very few in numbers. So anonymity is a plus here!

I believe this is the most important thing for using crypto casino where we should not reveal our real identity.

3. Transactions are not slower. There are multiple crypto casinos available who allows people to play immediately after deposit of cryptocurrencies without even having 1 confirmation. Again an advantage over fiat casinos.

As per my experience in fiat gambling sites, deposit and withdrawal is faster than crypto casino but indeed there are some crypto casinos offers instant deposit and withdrawal. Not really an advantage over fiat casinos IMO, but it is obviously about preferences.

4. If you belong to a region where gambling is banned, you can take benefit of crypto casinos and you don't need to disclose that income unless you are exchanging a huge amount of money. Little risky but still counts as a benefit!

I'm belonging to such region, even if I use crypto casino but if I win big then I need to convert it to fiat money to be transferred in my bank account. It is disclosing my income, but indeed it is not a direct transaction from gambling sites to my bank account so it is safer.
member
Activity: 546
Merit: 32
January 21, 2019, 03:17:50 PM
#29
Well other then for the obvious reasons of being anonymous, there are much more benefits to gamble with BTC instead of fiat.
Its nice to not have to carry paper around and physically go to place a punt at a shop when instead I can click away and send btc from my phone.
Factor in trans speed a almost zero fees, you are starting to get the idea.



Try something new will be always appreciate table but the winning percentage will be very less when comparing to the previous think that's why lots of people think it will be not possible for us to keep up our gambling strategy.
hero member
Activity: 1722
Merit: 528
February 02, 2019, 06:36:19 AM
#29
Gambling with fiat requires a long process compared to that of the cryptocurrencies into the same. Another thing fiat won't be giving us with the anonymity, while cryptocurrencies give you the anonymity. Whether it is online or offline, gambling with fiat isn't that easy as cryptocurrency. While going for an offline gambling you need to find a bookie if you're in a country where gambling is illegal.
When you gamble using Fiat, of course you will meet other bank accounts to make transfers, confirm transfers and so on. and it's complicated to gamble online using fiat. you're right to gamble using fiat isn't as easy as crypto, which you can make a deposit without verification. and anonymity certainly does not apply on fiat

With fiats, there are a lot of things to confirm, well they are banks, they really need your confirmations especially that of big amount of money.

If you really want to gamble online, on these online gambling sites, you better have the amount of cryptos you need since I don't think it is worth it to gamble using your fiats. The confirmation and the transaction takes time, unlike the transaction on crypto when you transact them. you only need to send them because you are the only one managing them.
legendary
Activity: 1386
Merit: 1058
February 25, 2019, 09:27:29 AM
#29
Honestly fiat gambling could be safer than crypto if it is just scamming people, that is the difference between fiat and crypto as well. If you are good person and you do not aim to scam anyone and build a casino than crypto is the way to go, it is much safer and much more provably fair and decent.

A casino with crypto option and no fiat and actually aim to be good at what they do can be the best out there. On the other hand if a casino is scammy and shady than crypto could be their friend and enemy of the gambler because it is easier to scam people that way. So, if it is a good place to bet crypto is by far better but if its a shady place that I am not so sure about gambling fiat is much better. In any case fiat gambling is illegal in my country so I can't send money to any fiat casinos in any legal way whatsoever.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
January 21, 2019, 01:35:46 PM
#28
Different reasons exists.

Could be too many limitations in the different countries, impossibility to do so, wanting to support the crypto world or just because someone enjoys that kind of fun.

At the end you're betting with virtual coins, what makes it feel like a true game.

Well today's generation of gamblers have probably grown to gambling online unlike old school casino gamblers. Though you're right. The biggest reason i think for these online gamblers to go to crypto gambling would be the restrictions fiat pose. Restrictions both from the casino, the government and the banks. These restrictions won't be a problem with crypto gambling.
sr. member
Activity: 1330
Merit: 291
February 02, 2019, 05:55:58 AM
#28
There are options whether you want to play with fiat or crypto. Usually, websites who accept fiat is really not safe. They cannot prove their legitimacy with 100% provably fair system just like crypto does.
Off-course, there are very few gambling sites that have such option of either to play with cryptocurrency or with fiat; Fiats in the other hand could be dangerous because of the unforeseen circumstance that may arise from the winner and the looser. Fiat will not be a secure option like that of cryptocurrency. We not advise any gambler to gambler to gamble with fiat.
hero member
Activity: 1274
Merit: 516
February 25, 2019, 08:51:28 AM
#28
Anonymity is very important feature in countries where gambling is prohibited, I don't want my transaction can be traced to the gambling site, and I don't want anyone in my family know I am gambling, and it's very easy to deposit and withdrawal using crypto there is no data verification that needed and no question asked
legendary
Activity: 1596
Merit: 1011
January 21, 2019, 12:46:01 PM
#27
Why would I choose complicated process (fiat) while crypto offer you more fast and reliable as much as fiat.
Crypto and gambling industry are great combination of business so in the future, there will be more gambling industry based crypto as main transaction
Convenience is the main reason why many people now use digital currency in gambling games. Besides that digital currencies also offer a safe and anonymous system that is very useful for gamblers. Privacy is a major issue because some people do avoid this. in essence, now that digital currencies have changed the stigma of playing gambling online, the increasing number of online gambling users cannot be separated from the increasingly rapid development of digital currencies globally. the development of online gambling will continue to increase and this is an era of years so active in the world of gambling.
Pages:
Jump to: