Spin City
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Crypto gambling
Quote from Edward Howarth on July 5, 2024, 10:27 amWhy would anyone want to gamble in crypto if you can make a NZD deposit just as easily?
Well for a start, the NZD deposit isn't as easy to do at some casinos. For a NZD deposit you basically need a casino that will accept a bank transfer and send out bank transfers quickly. This isn't always the case. PayPal casinos are rare, too.
Crypto goes around all that, and is a chance to actually make some crypto and make your bag bigger if you're a crypto investor. Crypto gambling has been around for a long time and it started with provably fair dice games, which means people were betting their crypto on a coin toss. Then came crash games, which we still have today.
Now, crypto gambling basically means that you'll deposit money to an online casino using crypto, and you will withdraw using crypto, but will play in fiat in the meanwhile. Crypto, in other words, is just a vessel to get the money across.
But you won't be gambling in crypto because very, very few games can be played in crypto directly.
Why would anyone want to gamble in crypto if you can make a NZD deposit just as easily?
Well for a start, the NZD deposit isn't as easy to do at some casinos. For a NZD deposit you basically need a casino that will accept a bank transfer and send out bank transfers quickly. This isn't always the case. PayPal casinos are rare, too.
Crypto goes around all that, and is a chance to actually make some crypto and make your bag bigger if you're a crypto investor. Crypto gambling has been around for a long time and it started with provably fair dice games, which means people were betting their crypto on a coin toss. Then came crash games, which we still have today.
Now, crypto gambling basically means that you'll deposit money to an online casino using crypto, and you will withdraw using crypto, but will play in fiat in the meanwhile. Crypto, in other words, is just a vessel to get the money across.
But you won't be gambling in crypto because very, very few games can be played in crypto directly.