Post
Topic
Board Gambling discussion
Re: Crypto Betting vs FIAT Betting
by
stadus
on 14/07/2025, 13:13:08 UTC
I think there’s not much difference now between crypto and fiat betting, especially since the government started forcing platforms to implement KYC. Crypto was supposed to give full privacy letting us gamble anonymously, but with KYC in place, that kind of defeats the whole purpose.

Maybe what crypto betting still has going for it is the ability to use unlicensed or decentralized platforms, like Polymarket (which is banned in the US). You can still bet there without the same restrictions.

Both options are fine, it really just depends on the player. More choices is always better. But one thing’s for sure: interest in crypto betting has definitely grown over time.