That is why I choose Dogecoin or other coins for gamble because I feel that bitcoin is too worth for just gamble.
If the casino offers 1 sat bitcoin bets there is not a reason to use a alt for its current value. When the minimal bets are xxxx sat it could be a problem.
Yeah, I have that bad experience in the past, and that makes me stay away from using bitcoin as the bets. I don't want to use my bitcoin because I can save the bitcoin for another purpose. The losing money in bitcoin will be my scary moment for me because if I convert the amount into fiat, then I can see a good reason to save the bitcoin from now on.
Maybe there is a gambler who will stay with bitcoin in the gambling and they still using bitcoin to place the bets. They don't care if bitcoin price increase because they only want to play gambling.