Can We Expect Gambling on Axie Infinity?

virasog

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Quote from: nakamura12 on August 21, 2021, 12:27:16 PM

Quote from: Fredomago on August 21, 2021, 10:09:21 AM

And more on the demands coming from the axie players if they make a noise asking for bookies to add this game to their list.

It may or may not happen even if the axie players make noise about adding esports betting on their platform. If they didn't add bookies and loose some players then they will be forced to add bookies to regain players and possibly more players to bet. It is also possible that they may implement KYC for those who want to bet on bookies and no KYC needed for those who don't want.

Axie Infinity game is so much popular that it is on the radar of everyone. We never know if this games become more popular we have have global leaderboard and who knows there may be tournaments and betting on them too.

Even the governments are seeing that people are earning a lot from this app/game and they want to tax it too. For an example Axie Infinity Players Must Pay Taxes on Their Profits, Says the Philippines

(o)(o)ilikeboobs(o)(o)

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I think it's just a tournament for teams, gambling might appear if they organize a vote for the winning team.
Any game big enough will host a tournament. That's how they advertise their game.

akar87

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I think Axie is the best game play to earn right now and give more profit than other game play to earn only exist few weeks, many scammer game play to earn created by Vietnam people where many people interested by giving much coin every day, than one or two weeks later website is down and coin going crash without any hope back to higher price like cryptohund gaming play to earn.

KTChampions

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Quote from: Maus0728 on August 29, 2021, 05:38:56 AM

I am well aware that the gambling for Axie Infinity isn't established yet but if there is always an ongoing E-sports like this, then I think there is a chance. Currently, YGG's Axie Infinity E-sports^[1] is live on their facebook page with a prizepool of $35,000 and 64 teams^[2] are competing for it.

[1] https://www.facebook.com/yieldguildgames/videos/528765624870709/
[2] https://communitygaming.io/tournament/c6ee766d-5383-4717-9f1f-4d2eca658cdb

This is good news for those who believe in the development of the game! As I have seen in the examples of other games, it all starts with the fact that someone sets an interesting prize and the players begin to compete seriously for it, and this attracts even more attention from the outside. I wouldn't be surprised if everything goes according to the same scenario here.

Maus0728

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I am well aware that the gambling for Axie Infinity isn't established yet but if there is always an ongoing E-sports like this, then I think there is a chance. Currently, YGG's Axie Infinity E-sports^[1] is live on their facebook page with a prizepool of $35,000 and 64 teams^[2] are competing for it.

[1] https://www.facebook.com/yieldguildgames/videos/528765624870709/
[2] https://communitygaming.io/tournament/c6ee766d-5383-4717-9f1f-4d2eca658cdb

icopress

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Quote from: Maus0728 on August 21, 2021, 03:55:00 AM

[...]

Thank you, this is what I wanted to hear ... but still this is not enough for a logical explanation since I see a few more holes. I dug deeper and found out that the funding rate for perpetual AXS on FTX and Binance was negative. "AXS's average annual funding rate was -47.02% year-on-year, while the eight-hour funding rate for AXS / USDT perpetual contracts has been in negative territory for at least 16 days". This is very strange since judging by the news and the platform is used by 1 million people every day and is recognized as the best protocol of the Ethereum blockchain in terms of income. not to mention the fact that the Philippine regulators want to tax Axie Infinity players and developers, which should also have a negative effect on capitalization ... as a result, I was completely confused because.

virasog

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Quote from: LUCKMCFLY on August 22, 2021, 04:28:11 PM

Quote from: Cling18 on August 21, 2021, 09:54:07 AM

It's possible in small groups and for some streamers but it would be hard for casinos to adopt it this early because Axie Infinity still has a lot to launch in the coming days. They've just started and still trying to deal with the improvements that they need to accommodate lots of players. I believe that gambling on it would be possible if that would launch their complete land in the future.

If you are right about it, but it should be noted that the main strategy that AXIE Infinity has for now is that it is taking many people or clients from countries with inflationary economies, In Venezuela it continues to sweep, there are more and more people entering the game, now in Argentina they are entering the game with everything obtaining more liquidity.

Many are looking for a way to be in the Arena for PVP combats, because having a group of Gamers friends, some are creating many armies of Players Killers to take SLP and thus earn more. I think that one of the updates will be to launch the free mode of playing, so that everyone knows the game and at least the main cards.

I do not understand that how gambling can take place on Axie Infinity as all of the fights are PVP and there is no betting on them.

Also do not consider that the team will launch free version of the game as the game is already very popular and people are willing to pay and buy the Axis players to play the game and earn SLP.

peter0425

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Quote from: Cling18 on August 21, 2021, 09:54:07 AM

It's possible in small groups and for some streamers but it would be hard for casinos to adopt it this early because Axie Infinity still has a lot to launch in the coming days. They've just started and still trying to deal with the improvements that they need to accommodate lots of players. I believe that gambling on it would be possible if that would launch their complete land in the future.

and gambling sites will not risk their names and time in AXIE in which there are no bright future. this will end up losing in the following days after the trend so why put effort on this.

and besides i believe that there are already some gambling happening inside from some groups or individual that thinks this is good to bet and play.

in my area there are even increasing demand for becoming scholar of axie.

LUCKMCFLY

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Quote from: Cling18 on August 21, 2021, 09:54:07 AM

It's possible in small groups and for some streamers but it would be hard for casinos to adopt it this early because Axie Infinity still has a lot to launch in the coming days. They've just started and still trying to deal with the improvements that they need to accommodate lots of players. I believe that gambling on it would be possible if that would launch their complete land in the future.

If you are right about it, but it should be noted that the main strategy that AXIE Infinity has for now is that it is taking many people or clients from countries with inflationary economies, In Venezuela it continues to sweep, there are more and more people entering the game, now in Argentina they are entering the game with everything obtaining more liquidity.

Many are looking for a way to be in the Arena for PVP combats, because having a group of Gamers friends, some are creating many armies of Players Killers to take SLP and thus earn more. I think that one of the updates will be to launch the free mode of playing, so that everyone knows the game and at least the main cards.

ethereumhunter

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Quote from: Fesatmas on August 22, 2021, 09:20:11 AM

Quote from: bL4nkcode on August 20, 2021, 02:12:36 PM

Quote from: Fesatmas on August 20, 2021, 10:42:55 AM

On the other hand, it will be very vulnerable to provide some information, at least how to deal with children at an early age to avoid betting features that can be seen clearly?

That's why I said ID will be required to get the age of each users, coz obviously anyone or underage can just put >18 numbers to be able use the feature (betting) which is not avail for underage (<18) or specific age, legally.

What is clear is that children need supervision from their parents in matters that have a betting feature in the game. But I'm sure this can be overcome and of course children will not dominate NFT-based games in Axie Infinity etc., even though there are some who use it. Children will prefer relatively simple games. So I'm not too worried about that.

If the children think that the game is too complicated, they will not try to play. But some of them who can understand how to play that game will not think it is difficult because they can understand and can play it, even if they enjoy it. If they can add the funds into the games, I am afraid that can lead them to spend more money because of the fun thing. Yes, they can easily play and pretend they are adult people because it is not difficult to declare that they are adult people in the registration process.

finaleshot2016

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Yes, eSports are related to gambling because they are one of the categories in which we can wager in fiat or cryptocurrency, but keep in mind that not all eSports are featured in gambling platforms. As you can see, those well-known esports tournaments get a lot of attention on streaming and gaming platforms.

The majority of them are taken seriously, and the clubs have managers who oversee how their players represent the corporation. I'm familiar with a number of games that have a large number of players but aren't marketed on any gaming platforms and aren't featured in any gambling platforms.

Of course, if a game is popular, devs will add a betting category for it; however, platforms will not list it rapidly just because it has a large player base. But let's see whether it's possible; everything I've mentioned so far is just my view, as I'm a gamer, and the hot games I'm playing right now with a strong tournament system and a large player population, aren't yet featured on any prominent crypto gambling site.

Fesatmas

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Quote from: bL4nkcode on August 20, 2021, 02:12:36 PM

Quote from: Fesatmas on August 20, 2021, 10:42:55 AM

On the other hand, it will be very vulnerable to provide some information, at least how to deal with children at an early age to avoid betting features that can be seen clearly?

That's why I said ID will be required to get the age of each users, coz obviously anyone or underage can just put >18 numbers to be able use the feature (betting) which is not avail for underage (<18) or specific age, legally.

What is clear is that children need supervision from their parents in matters that have a betting feature in the game. But I'm sure this can be overcome and of course children will not dominate NFT-based games in Axie Infinity etc., even though there are some who use it. Children will prefer relatively simple games. So I'm not too worried about that.

TheGreatPython

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Quote from: Cling18 on August 21, 2021, 09:54:07 AM

It's possible in small groups and for some streamers but it would be hard for casinos to adopt it this early because Axie Infinity still has a lot to launch in the coming days. They've just started and still trying to deal with the improvements that they need to accommodate lots of players. I believe that gambling on it would be possible if that would launch their complete land in the future.

I was so anxious to try the game but when I started to learn about the game, I learned that we need a minimum of 3 Axie to even play the game. I thought like let's buy them but the cost for each Axie is hundreds of dollars and more which is beyond a free-to-play player like me lol.

I am not sure how exactly we can gamble on the game because they have their own marketplace to sell game items and it already works on the blockchain so not sure how exactly we can bet on it. Maybe because I haven't played the game yet, I am missing something about the game itself which can be bet on.

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Quote from: Cling18 on August 21, 2021, 09:54:07 AM

It's possible in small groups and for some streamers but it would be hard for casinos to adopt it this early because Axie Infinity still has a lot to launch in the coming days.

I think once they go full launch including the google play app and as well as the IOS. They can start contacting these bookies if it's possible to happen for the casinos. But right now, there's no way for the casino to do that so I agree that it's only possible today for the individual players to do that on their will.

Quote from: Cling18 on August 21, 2021, 09:54:07 AM

They've just started and still trying to deal with the improvements that they need to accommodate lots of players. I believe that gambling on it would be possible if that would launch their complete land in the future.

If it's directly from the developers but as you've said, it's possible to gamble against other players as I've seen some are already asking to play with others with bet through playing against your friend but this feature has been disabled lately.

nakamura12

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Quote from: Fredomago on August 21, 2021, 10:09:21 AM

And more on the demands coming from the axie players if they make a noise asking for bookies to add this game to their list.

It may or may not happen even if the axie players make noise about adding esports betting on their platform. If they didn't add bookies and loose some players then they will be forced to add bookies to regain players and possibly more players to bet. It is also possible that they may implement KYC for those who want to bet on bookies and no KYC needed for those who don't want.

Fredomago

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Quote from: Cling18 on August 21, 2021, 09:54:07 AM

It's possible in small groups and for some streamers but it would be hard for casinos to adopt it this early because Axie Infinity still has a lot to launch in the coming days. They've just started and still trying to deal with the improvements that they need to accommodate lots of players. I believe that gambling on it would be possible if that would launch their complete land in the future.

Indeed, but for now they are focus in improving their services, though it's very possible to expect that ESport will add this up when everything is already completed.

And more on the demands coming from the axie players if they make a noise asking for bookies to add this game to their list.

Bookies are always looking for money. If they see potential, there's no doubt that they will add it up and be available for all players and gamblers who love this game.

KTChampions

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Quote from: Dread Pirate Roberts on August 21, 2021, 04:18:36 AM

Quote from: KTChampions on August 20, 2021, 02:06:34 PM

By the way, yesterday I found a section on twitch dedicated to this game - https://www.twitch.tv/directory/game/Axie%20Infinity
I wonder if the game is recognized as gambling, will it be completely removed from the twitch? It would be logical. In general, I see that the developers have taken too many risks on themselves - firstly, the game can be recognized as gambling, and secondly, all the risks associated with cryptocurrency.

Twitch has a special category for gambling games including slots . virtual casino and poker https://www.twitch.tv/directory/tags/71265475-e0b0-411e-a0cf-b93c33848b2b but right now it looks like NFT games still not recognized as gambling game (according to their list) and yes maybe there will be new sub-categories for gambling games on Twitch like "NFT games" or "game finance" Grin

As I understand now, there is no age limit for this game on the part of the viewers? Taking into account the fact that now the rules are tightening everywhere, this will not last long and something like that will be introduced, but most likely this will not affect the audience of the game - as I understand it, the average age of players is much higher than teenagers, since crypto enthusiasts play it.

Cling18

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It's possible in small groups and for some streamers but it would be hard for casinos to adopt it this early because Axie Infinity still has a lot to launch in the coming days. They've just started and still trying to deal with the improvements that they need to accommodate lots of players. I believe that gambling on it would be possible if that would launch their complete land in the future.

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Quote from: Johnyz on August 19, 2021, 06:13:57 PM

Quote from: uneng on August 19, 2021, 05:50:01 PM

I believe they are starting these tournaments to select the best players in the world, so they can organize a tier 1 championship or something like this. By there gamblers can start familiarizing themselves with the players, their axies, skills and cards. 5560 AXS in prizes look great, it's almost 400,000$ dollars, what can become even better if the currency keeps pumping.

So right now its not gambling yet since its a competition and the winners will get a huge reward, this will defend on a gambling site if they'll offer a bet on a championship series but this new Esport on Axie is a good thing the price will continue to rise as long as there's a good update. Gambling with Axie are possible if they created their own betting platform, this may happen in the future.

Until no sportsbook will add this option to bet on their site we cannot call it a gambling but once the Esports scene will be opened up and it catch the attention of huge number of user or even not a axie infinity player then for sure the sportsbooks will add up since this is another huge income to them. I can't wait to see this happen since by now Axie craze is spreading across the globe, I expect that we will see more players coming since the Play 2 earn option is really great thing there.

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We will never know but the prospect of a cryptocurrecy game will be exciting for the e-sports scene. The Axie might be the first game where we will be able to see players battling it out in a big esports arena with thousands of people watching on site and possibly millions watching on the internet. If it becomes a esport then it only shows that NFT crypto games might have a bright future ahead for many aspiring esports players.

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