Do any gambling sites accept Monero?

Discussion in 'General Bitcoin Gambling Discussion' started by uglymug, Sep 2, 2016.

Tags:
  1. uglymug

    uglymug Member

    Monero is the lastest crypto-currency seeing a huge surge in popularity. Two of the biggest dark markets AlphaBay and Oasis have begun accepting the privacy focused digital currency which has sent the price sky high over the past few weeks.

    Have any gambling site followed their lead and added Monero for sports betting, poker or casino gaming?
     
  2. Humble Servant

    Humble Servant Active Member Staff Member

    The only major casino and poker room that support Monero (that I am aware of) is Fortune Jack - FortuneJack.com

    Fortune Jack Casino not only support Monero, but you can also gamble with Litecoin, Dash, Dogecoin, Peercoin, Namecoin, Clam and other crypto-currencies. In addition to casino games they also offer a fully functional poker room, compete with cash games, freerool tournaments, MTT's and Sit & Go's.
     
  3. 2damoon

    2damoon Member

    do any sportsbooks like cloudbet or nitrogen sports accept monero?
     
  4. Humble Servant

    Humble Servant Active Member Staff Member

    Last edited: Feb 9, 2017
  5. Lance

    Lance Member

    I considered buying some Monero until I realized that they don't even have a proper wallet yet. I can barely manage to keep my bitcoin safe with an easy to use Trezor.
     
  6. Humble Servant

    Humble Servant Active Member Staff Member

    According to their lead developer Riccardo Spagni, Monero will have a proper GUI soon.
     
  7. NKOTB

    NKOTB Member

    If you want to use Monero for gambling then the best thing to do is buy and hold. I think there is a good chance that the price will moon over the next couple of years.
     
  8. besides bitcoin, I think monero is the only other crypto-currency that is used for purposes other than speculation. something like 5% of alphabay purchases are now done using monero, which is a pretty big deal.
     
  9. SuckIt

    SuckIt Member

    The FBI are worried about how hard it is to track Monero, which is a pretty great advertisement for the currency.

     
  10. 2damoon

    2damoon Member

    I think site like FortuneJack don't accept Monero directly. They merely use a ShapeShift plugin that converts the Monero to BTC when you deposit.
     
  11. EthHead

    EthHead Member

    I would use Monero if there was some proper wallet. I would even keep some as an investment if my Trezor or Ledger Wallet supported it.
     
  12. Humble Servant

    Humble Servant Active Member Staff Member

    I agree. I can't see gambling sites adopting it until major wallets like Coinbase, Trezor, Ledger and Mycelium start to accept it. Right now it's too hard to hold Monero.
     
  13. Wonka

    Wonka Member

    I don't see the point in using Monero for online gambling. If the bitcoin network is congested then use litecoin. Litecoin is easy to buy at exchanges, there are a number of quality wallets and the litecoin network is super cheap and fast. The only reason I see buy Monero now is either as an investment or to use to buy narcotics.
     
  14. Humble Servant

    Humble Servant Active Member Staff Member

    I read recently that Ledger Wallet will be supporting Monero in the near future so I think that will attract a lot of people to add Monero to their crypto currency portfolio.
     
  15. Jake21

    Jake21 Member

    the price of a single monero has skyrocketed to over $400 in the past month so it's almost too valuable to spend now like bitcoin is. i could easily see the price of a xmr going over $1,000 in 2018.
     
  16. Humble Servant

    Humble Servant Active Member Staff Member

Share This Page