Post
Topic
Board Gambling discussion
Re: Gambling Physically vs Gambling Online Using Crypto
by
adzino
on 11/03/2020, 23:02:19 UTC
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1. Gambling using bitcoin is fast, you can deposit amount, withdraw your funds, faster than other platforms available.
2. When you are gambling, one thing you consider is your anonymity, and with bitcoin, you can play no matter who you are, with you identity isn't at risk.
3. Games from cryptocurrencies are probably fair, you can guarantee that you can win with a 50/50 chance.

And in addition, based on my experience, gambling through cryptocurrency allows you to play even without a fund deposited because of some gambling platforms allows players to use faucets so if you are not a hardcore gambler, then you don't need to worry about putting much amount just to play.
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1. The "fast" deposit and withdrawal depends on the bitcoin network. If the network is packed, it will take more time (or more fee) than usual. Most casinos won't accept deposits that have less than 2 confirmation. That means, when the network is congested, you have have to wait for more than 40 mins for the required confirmation to take place (or pay huge fee to get higher priority).
2. Most of the crypto casino now requires you to verify your identity at least at some point.
3. You mean provably fair, right? Its not probably fair lol. And also, its never 50/50 chance. The casino has house edge which means that chance of the casino winning is in the long run is always high.

Faucets are there to test out the casino, not for farming it.