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Topic: [2020-10.01] Research Reveals Crypto Owners to Be the Riskiest Esports Bettors - page 2. (Read 308 times)

hero member
Activity: 3080
Merit: 603
Esports bettors are also gamers. You will never know how die hard they/we are in a game that we are passionate about. Those games have skins or items and it's also part of the gambling esports community. You can sell it after using it or if don't like it anymore. The money that these gamblers have are just rotating all over the crypto casinos because it's very accessible to sell those in game items or digital goods and convert it to crypto or fiat as they wish.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Little surprise there.

One of the enduring mysteries of this arena is the willingness of people to throw their Bitcoin away in a way I'm certain they'd think twice about with dollars. How you can favour retaining the currency that's only going to reduce your spending power and piss away the one that may ensure your future is beyond me.

Fuck 'em.
hero member
Activity: 2054
Merit: 528
❤ Bitcoin Garden
Research Reveals Cryptocurrency Owners to Be the Riskiest Esports Bettors
https://bitcoingarden.org/research-reveals-cryptocurrency-owners-to-be-the-riskiest-esports-bettors/

Cryptocurrency owners are more inclined to take risks; Counter-Strike: Global Offensive is their favorite esports discipline; and they tend to be more avid gamblers in general. These are some of the conclusions made by leading specialist esports bookmaker LOOT.BET, following extensive research.

Cryptocurrencies have maintained their popularity among the range of currencies supported by LOOT.BET. For three years in a row, Bitcoin (BTC) has been the 2nd most popular currency and Ethereum (ETH) the 4th. In total, cryptocurrencies makeup approximately 15% of the bookmaker’s turnover. BTC makes up around 80% of total crypto betting volume, and ETH the remaining 20%.

The bookmaker’s research also reveals that cryptocurrency owners are more likely to risk significantly larger sums than bettors using traditional fiat currency. In terms of euro value, on average LOOT.BET’s clients tend to wager 100% more when using Bitcoin, and 50% more when using Ethereum. Crypto users also tend to make larger deposits too, with the average value of a BTC deposit being 100% higher, and the average ETH deposit worth 50% more, than fiat deposits. Given this, it is not surprising that the bookmaker has found its crypto clients are more likely to place bets worth thousands of euros, seeing BTC 0.5+ bets on a daily basis....


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