Gambling with Cryptocurrencies

Maxibonbits · February 7, 2014

So i never really cared for mining coins until a freind said he uses his coins to gamble. I have considered mining Litecoins, however can anybody recommend a good website that lets me gamble with Litecoins.

Goldilock · February 7, 2014

please gambling is not healthy for your life.

Your friend misinterpret this "gambling" with speculation. it's all the same with stock market or foreign currency, just buy some and sell when the price is right.

Maxibonbits · February 7, 2014

please gambling is not healthy for your life.

Your friend misinterpret this "gambling" with speculation. it's all the same with stock market or foreign currency, just buy some and sell when the price is right.

I was intending to do this for fun, rather than to increase the money I make.

I was wondering if their are any fun, trusted and secure websites in which I can gamble the small amount of coins I will actually mine.

tobben · February 7, 2014

well .. due to the volatility you could make the argument that dealing or investing in cryptocurrencies in itself is a form of gambling.. now, im not sure why you would be interested in mining for the sake of gambling with it.. money is money? you could mine convert it into dollars and then gamble with those? i don't see the difference.

Missioncode · February 7, 2014

you could mine convert it into dollars and then gamble with those? i don't see the difference.

a lot easier to gamble with LTC and BTC as you dont need to verify your account, age, location, etc.

But OP dont do it. I gambled some and its addictive and you'll just lose all your money. I went from 10-70-0 I was soo sad I should have cashed out.

tobben · February 7, 2014

a lot easier to gamble with LTC and BTC as you dont need to verify your account, age, location, etc.

But OP dont do it. I gambled some and its addictive and you'll just lose all your money. I went from 10-70-0 I was soo sad I should have cashed out.

well that makes sense i guess, my point was just the fact that he could gamble with the money from mining ltc regardless, even before he heard that you could gamble with the actual cryptocurrency.

Maxibonbits · February 7, 2014

a lot easier to gamble with LTC and BTC as you dont need to verify your account, age, location, etc.

I was also thinking of convenience as it saves me converting the currency myself.

But OP dont do it. I gambled some and its addictive and you'll just lose all your money. I went from 10-70-0 I was soo sad I should have cashed out.

I never expect to win when I gamble

MariusJS · February 7, 2014

http://dogecoincity.com/

Here you can gamble with DOGE

RuecanOnRails · February 7, 2014

You can gamble with Bitcoins for just about any imaginable casino style game.

You just need to find the site which has what you want Why not list the kind of gambling you are looking to do? Anything from Poker, slots, to cards, to sports betting, etc. If you can place a bet on it, you can do it in Bitcoin.

https://bitcointalk.org/index.php?board=56.0 There's the Gambling sub-forum on Bitcointalk which lists a majority if not all major Bitcoin gambling sites.

Here's a couple to get you started.

https://www.bit777.com/

http://bitcoinkamikaze.com/

http://sealswithclubs.eu/

https://bitbook.biz/

**Usual disclaimers for gambling, etc, etc. Make sure you are above legal gambling age in your jurisdiction, underage gambling is a crime in most places.