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Should Gamblers Use Proxies for Crypto Gambling?

Using proxies for gambling is a normal practice that brings its positives and negatives. Installing a proxy is never odd, but is it a great help when you want to stake another ETH or BTC? Here are some ideas from ORDB experts for your independent review to help you determine if a proxy for crypto-gambling entertainment is necessary!

How Proxies Help

Proxy connections are helpful for several reasons, the most important of which is security. By masking your IP address, you can keep your identity and personal data much safer while browsing the internet or using public Wi-Fi. Proxy servers can also help you get around content filters and blocks, allowing you to access more of the internet without restrictions. So, you can access free spins and no deposit bonuses initially unallowed in your country. Finally, proxies can help speed up your connection by caching frequently visited pages and files locally on the proxy server. That reduces the amount of time it takes for them to load when you visit them again in the future.

Proxies for Crypto Gambling: Necessity or Overkill?

Arguments for

Argument 1: That is necessary because proxies hide your IP

Gamblers must be anonymous nowadays because of the risks involved with gambling, like weird confiscations and attempts to steal your money. Your identity could be used to steal your money or to blackmail you if you owe a “spare” BTC in a software wallet. Proxies help gamblers stay anonymous by hiding their IP address, which keeps their identity and personal data safe.

Argument 2: Proxies are necessary to ensure no third parties monitor you

Third parties like banks can monitor what gamblers do and how they entertain in online casinos by tracking their IP addresses. That ensures your safety for Super Bowl betting and other gambling activities. 

When you use a proxy, your IP address is hidden, so the third party can’t track your activities. That is extra significant given that some laws might limit the rights of gambling enthusiasts. For instance, some countries make banks ban citizens from loans, which can be detrimental in a dire situation. But if you go for Dogecoin gambling and games, no bank will pinpoint your activity. 

Argument 3: Proxies let you leave fewer digital fingerprints

Marketers see every Internet user as prey, and you are no exception. Digital fingerprinting we neglect lets them gather maximum information about us to poke obtrusive ads later. Moreover, they gather your data, and there is always the risk of a breach and leak that exposes your identity. Proxies hide your IP address, so it’s harder for marketers to track and gather information about you.

Arguments against

Argument 1: Proxies are not necessary because they do not guarantee anonymity

Additionally, it’s important to note that some gambling sites do not allow the use of proxies for security reasons. While proxies can hide your IP address, they cannot guarantee complete anonymity. Your online activities can still be tracked by cookies and other technologies, and some proxies might not be secure. Properly working anonymizers are a rarity.

Argument 2: Proxies can slow down your connection

While a proxy can speed up your connection by caching commonly visited pages and files, it can also slow down. That is especially the case if you use a free or low-quality proxy, as they often have slower response times and lower bandwidth.

Argument 3: Proxies can be difficult to set up and maintain

Using a proxy requires some technical knowledge, as it must be properly installed and configured for them to work effectively. Additionally, they must be regularly checked and maintained in order to ensure they are still secure and functioning properly. That can be time-consuming and tedious for those who need the necessary technical skills and knowledge.

Argument 4: Blockchain is anonymous enough

Blockchain technology, the backbone of cryptocurrencies like bitcoin, already offers a high level of anonymity. Transactions on the blockchain cannot be traced back to an entity, making it secure for gambling purposes. Additionally, some gambling sites now offer the option to gamble directly with cryptocurrency, further enhancing privacy and anonymity. Sometimes you can’t immediately tell if it’s anonymous, but you can read more about it here.

In Conclusion

Ultimately, whether or not the use of proxies for crypto gambling is necessary or an overkill is up to the individual. It ultimately depends on their level of concern for privacy and anonymity and their willingness and ability to set up and maintain a proxy. Some may consider it a necessary security measure, while others may find that the potential drawbacks outweigh the benefits.

In any case, it is always important to consider the potential risks and take appropriate measures to protect oneself!

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