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phrenante
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26 May 2014 - 2:01pm

List of the best bitcoin online gambling site

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Can anyone pls list their favorite online bitcoin gambling site? Im trying to invest on bitcoins so I am taking a survey of the best bitcoin sites.

Thanks

bybelaff
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26 May 2014 - 4:40pm
#1

Hi, welcome to the forum!
To be honest, i did not know anything about bitcoins, i remember i read somewhere that vera and john casino accepts bitcoins, but i am not sure, check this please.
google give me few names, but they all not reputable. Check vera john, if they not accept, i suggest you not try noname casinos which accept.

auCL-Ed
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26 May 2014 - 10:37pm
#2

Maybe you and I have a different interpretation of the word "invest" but mine sure doesn't include gambling on an anonymous bitcoin site that could disappear overnight with your coins. If you want to double gamble like that then why not play Satoshi Dice as it has been around for a long time now and is reliable, provably fair, with a low house edge, albeit not very exciting.

belaff is right that Vera and John accepts bitcoins for deposits and withdrawals. From memory they convert your deposit to Euros while you play and back to bitcoin when you withdraw. Therefore if you leave your money in the casino for a while you are subject to bitcoin's wildly fluctuating exchange rate which could be either good or bad for you.

And lastly, a word for the bitcoin casino spammers sure to show up that have been trying hard to post their spam here over the last few weeks: don't bother.

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usbarbadosslim93
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26 May 2014 - 11:50pm
#3

There is so much instability with BitCoin that just purchasing them is a gamble. I have seen stories about these BitCoin casinos closing and taking all the money with it.

You don't want to deal with that. My advice would be to stick with a stable currency.

phrenante
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5 June 2014 - 6:44am
#4
barbadosslim93 wrote:

There is so much instability with BitCoin that just purchasing them is a gamble. I have seen stories about these BitCoin casinos closing and taking all the money with it.

You don't want to deal with that. My advice would be to stick with a stable currency.

What do you mean stable currency? You mean the real money? Hmmmm.... I just want something to look forward to in the future. 1BTC= $619, that is worth a lot. There are a lot of stories that bitcoin might become big in a couple of years too.

auCL-Ed
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6 June 2014 - 2:21am
#5

No offence but timing is everything and if you think you're going to get rich off bitcoin you are too late. They aren't some virtually unknown niche tech project for nerds any more. I remember deciding not to buy any when they were $3. Shortly after they went up to an all time high of $17 and a week or two later were back down below $3. Obviously it was a bad call in hindsight but it felt like the right one at the time and I certainly would not want to stake my future on them, especially considering that there are very few uses for a bitcoin apart from speculation, the massive volatility, and the amount of thefts and dodgy exchange dealings like MtGox going on.

Saying that "1 bitcoin = $619 and that is a lot" is meaningless as you could spend bitcoins in infinitesimally smaller amounts like 0.00000001BTC. In the last 30 days they have fluctuated between $425 and $683. Think about the fools who believed the hype and bought when they were over $1100.

I am sure digital currencies will play a part in society in the future but it disturbs me when I see people that think that they will make them rich, long after that boat has sailed. But back to your original point, gambling on casino games is something you should only do with spending money that you can afford to lose. I really don't think that buying bitcoins then taking them to a casino is a smart thing to do with money that you need to invest for your future.

Always play it safe! Consult our list of rogue casinos and warnings before depositing.
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