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[The_Crypto_Gambler]

What are the views on gambling with cryptocurrencies? Recently I got involved with this and it is now my preference opposed to fiat. I think this is the future of gambling due to the quickness of transactions. Would love to open some discussion regarding this and other peoples experiences.

 

[Shigobad2020]

When talking about the quickness and the effectiveness of the transaction , then gambling with crypto currency is the future of gambling, most especially online gambling but i don't really advise people to gamble using their crypto currency because you can loose everything if care is not taken.

 

[Ivanr01]

Gambling with cryptocurrency is new and still improving but there is problem - slow transactions. Some betting sites dont give the money balance , while your deposit isnt accepted at all - over 5 confirmations. It takes a time to deposit and sometime you miss the matches where you are going to put your money on.

 

[MayorKayz]

I will be honest to this topic. There is no good in gambling not to talk about gambling with cryptocurrency. I have tried many gambling thinking that if I use some strategies, that I will earn well. But is is all lie as I always end up losing my money.
So I would not advise us to gamble with our cryptocurrency instead we can trade with it and make some profits.

 

[BusyCat]

I will be honest to this topic. There is no good in gambling not to talk about gambling with cryptocurrency. I have tried many gambling thinking that if I use some strategies, that I will earn well. But is is all lie as I always end up losing my money.
So I would not advise us to gamble with our cryptocurrency instead we can trade with it and make some profits.

They are just advertising and making us believe that we can something from gambling money in the casinos. I have seen many youtubers sharing their gambling tricks but that doesn't work for long time , I have tested most of them. The gambling sites look flashy and it's so easy for anyone to get attracted to it and start losing money as soon as they play because their greed to keep winning more and more becomes their weakness.

 

[MayorKayz]

They are just advertising and making us believe that we can something from gambling money in the casinos. I have seen many youtubers sharing their gambling tricks but that doesn't work for long time , I have tested most of them. The gambling sites look flashy and it's so easy for anyone to get attracted to it and start losing money as soon as they play because their greed to keep winning more and more becomes their weakness.

Don't mind the YouTubers that are posting videos on tricks on how to always win our bets. They don't work. I have tried many of them and they are not working. I have lost my money using there tricks.
There is no trick to win . But the bat way to win is to stake on small odds as it has better chance of winning.

 

[BusyCat]

Don't mind the YouTubers that are posting videos on tricks on how to always win our bets. They don't work. I have tried many of them and they are not working. I have lost my money using there tricks.
There is no trick to win . But the bat way to win is to stake on small odds as it has better chance of winning.

Yeah betting small amounts of money can be less risky , but it's gamblers tendency to always higher the bet amount after winning decently on betting smaller amounts. But if the gambler can control their emotion and greediness, it's definitely possible to make small profits everytime on betting with calculated risks.

 

[MayorKayz]

When talking about the quickness and the effectiveness of the transaction , then gambling with crypto currency is the future of gambling, most especially online gambling but i don't really advise people to gamble using their crypto currency because you can loose everything if care is not taken.

I am sorry to ask this. But how is gambling with cryptocurrency the future of gamble?
Because cryptocurrency is also used for transactions as other payment options is been used.
When you talk about the fast in transactions. The other payment processor are also fast.

 

[shrey1408]

I will be honest to this topic. There is no good in gambling not to talk about gambling with cryptocurrency. I have tried many gambling thinking that if I use some strategies, that I will earn well. But is is all lie as I always end up losing my money.
So I would not advise us to gamble with our cryptocurrency instead we can trade with it and make some profits.

Mate, yes crypto and gambling are different a long way. Gambling is fifty fifty chance of winning or losing. Anything can happen and you can lose the bet. But crypto are a investment with lot of its underlying applications like NFTs, which have become quite popular these days due to its mass use.

 

[MayorKayz]

Mate, yes crypto and gambling are different a long way. Gambling is fifty fifty chance of winning or losing. Anything can happen and you can lose the bet. But crypto are a investment with lot of its underlying applications like NFTs, which have become quite popular these days due to its mass use.

Thank you . Many people don't know this. In my area, when cryptocurrency is been talked about most people here will say that it is a scam.
So I do wonder how they see it as a scam when it is not a business on its own. It is a currency. So how can a currency be scam. People are just to ignorant of cryptocurrency.

 

[Yugocean]

Terra community's proposed LUNA 2.0 is approved by crypto community. Many people, including me will only compare this with gambling, of course "Crypto Gambling".
Billy Markus of DOGE has compared it with dumb crypto gamblers, others have their own way.

My advice, if you like crypto gambling, then LUNA 2.0 is coming tomorrow.

 

[Skysaint]

Gambling with cryptocurrency is just as bad as gambling with your hard earned money and I will sincerely advise against that. I mean, even if you want to earn more cryptocurrency from your already earned crypto, you could go into trading and investment which is a better and a more viable option for gambling.

 

[Rubee]

From the little i know about gambling, it is unpredictable and no one is better than the other whether crypto currencies or fiat. I feel it's even better to save one's crypto currencies because one might lose all of one's crypto currencies to gambling if care is not taken. Crypto is becoming accepted by most countries especially the developed countries and it's better to invest them instead of gambling them away.

 

[a_jerobon]

For me, I keep off all types of gambling. Whether it is with cryptocurrencies or fiat currencies. This is because I fully understand that all forms of gambling only leads to making huge losses. You can also be scammed much more using cryptocurrencies because they are not traceable. So you cannot report to authorities some of the criminals that you know around you, the transactions are untraceable.

 

[gammarays]

Crypto gambling is using your crypto tokens to gamble instead of Fiat currency. It has it's own advantages over normal Fiat gambling. You can easily fund and withdraw faster than when using Fiat. Transaction charges are cheaper too. For the gambling, it's the same whether you use crypto or Fiat.

 

[Xrin Nightfall]

It is always the same. Gambling is a surefire way to lose your money in the long run. If you want to enjoy the thrill, then go ahead; there is no issue. But, if you want to make money, then gambling as a player is the wrong way.

Instead, try to launch a gambling business, and you will earn money 100% guaranteed because this is how the gamble system works.

 

[Yugocean]

Instead, try to launch a gambling business, and you will earn money 100% guaranteed because this is how the gamble system works.

That too won't work, Casino owners will need to gain license, most effectively from safe regions like Curcao. Already establish business are experienced, any new site will not be able to attract member without offreing no deposit joining bonus, means you pay first.

 

[Xrin Nightfall]

That too won't work, Casino owners will need to gain license, most effectively from safe regions like Curcao. Already establish business are experienced, any new site will not be able to attract member without offreing no deposit joining bonus, means you pay first.

Yes, casino type. I mean, gambling businesses require far more regulation than any other business and also need frequent audits from authorities to check if they follow the rules regulation strickly. However, if anyone can open a casino business, it is far better than a casino plater. Because casino house always has the upper hand. It's like a surefire way to suck money from players.

 

[Xrin Nightfall]

without offreing no deposit joining bonus, means you pay first.

By the way, forgetting to mention that "no deposit bonus" is not too worry for a casino business. Because the rules are strict. I mean, even if they give you $1,000 for no deposit, you still cannot withdraw it.
Most of the time, the requirement is - you have to wage at least 10x, which means $10,000, before you can be eligible.

Not only that, when it comes to withdrawing from some casino requirements is that you first have to deposit. So, as you can see, "no deposit" is actually a marketing trap, nothing else.

 

[Potuse]

There are so many gambling platforms that allow you to gamble with cryptocurrency. There are several ways of which you enmass your cryptocurrency to produe good investment and make good income from it other than gambling. I am not totally in support of using cryptocurrency on gambling because it is like throwing valuable asset to the wind.