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Does anyone have good experience using online casino that allows Bitcoin?

Started by ego, Jun 10, 01:17 PM 2018

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ego


Does anyone have good experience using online casino that allows Bitcoin?

Cheers
Denial of gamblers fallacy is usually seen in people who has Roulette as last option for a way to wealth, debt covering and a independent lifestyle.  Next step is pretty ugly-
AP - It's not that it can't be done, but rather people don't really have a clue as to the level of fanaticism and outright obsession that it takes to be successful, let alone get to the level where you can take money out of the casinos on a regular basis. Out of 1,000 people that earnestly try, maybe only one will make it.

Kairomancer

Check the remote viewing roulette number topic.
Button made most of his winnings in a bitcoin casino.

Knaller

Yes I play in SOL-Casino. It accepts many kinds of crypto currencies and bitcoin aswell of course. Until now I'm very satisfied with how it works. The deposits and withdrawals with bitcoin are fast and working properly. The service is good and the variety of games is very big - just like in a "oldschoool" online casino. The big advantage of a crypto casino is that your deposits and withdrawals are relatively anonymous so your government doesn't know where the money comes from.
I have a love - hate - relationship with roulette.

Still

I recently signed up with Bybit.   It's technically not a casino, but these offshore crypto exchanges are being called "casinos", for some reason.   Logic might suggest that trading cryptos is potentially more reliable than actually dealing with the odds of Roulette.  At Bybit one can potentially profit long or short (buying or selling), with leverage, three types of leverage, to be exact.   You could probably develop a trend following method that loses 60+% of all attempts, but when winning, retrieves average 2x the average loss, for an average profit factor of about 1.65.  But of course, can any method withstand the costs of getting in and out of the market?  To work around that, you could try limit orders.  You could also try working on higher time frames.   Even so, to compete, i think casinos would need to lower their fees, so for example, instead of a wheel with 35 numbers and one zero, casinos need to introduce wheels with 200 numbers per one zero.   Even so, it would be better to deal with the one single big wheel, which is the decentralized price of BTC, versus the very centralized wheels of each casino which can hardly be verified to be as random as they are supposed to be.  And, even though there is one giant wheel for the BTC price, you can possibly arbitrage between exchanges, in case there are any price spreads that can be exploited.   In light of all this opportunity, i don't know why anyone would mess with an actual casino except via precognition.     

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