Corona virus (COVID19) Effect in Cryptocurrency Gambling - page 5.

robelneo

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Quote from: GreatArkansas on March 18, 2020, 08:02:32 PM

With the recent outbreak of coronavirus (covid19) lot of sports game are being cancelled/postponed especially the NBA
While, there are also lot of people from different country that starting to lock down and stay at home for home quarantine.
So,
Decrease of sports games.
Increase of people that will stay at home (probably no work/less work to do, e.g work from home/totally no work)

So what do you think the effect of it?
Can we experience a high volume on every cryptocurrency gambling website?
Since major payments are cryptos, so need to go to any bank anymore, in short more on online transactions.

We may not have the right figure or the stat but we can feel that profit coming from online gambling will be much higher than the previous months because gambling casinos when they are lock in their home can either play with their friends and family or play online but of course they prefer beating the online casinos then beating their friends.

Blackdeath

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I think there would be really more people who will be more active in online gambling sites, while the authorities have ordered to avoid going out in public places like casinos, and they are sports events that had been cancelled and postponed that we should be staying inside our homes or houses.

witcher_sense

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Quote from: Naida_BR on March 20, 2020, 05:37:32 AM

The cryptocurrency gambling sites will not have any problems.
Most of those sites have other games to play such as dice or plinko so gamblers can be focused on those games.

I think he meant gambling websites that focused only on sports betting. Since whole sports industry is currently experiencing hard times due to the cancellation of many major sports competitions, it becomes difficult to bet on anything interesting. However, rest of online gambling websites are going to get some increase of online from gamblers locked in their homes because of quarantine.

imstillthebest

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Quote from: Naida_BR on March 20, 2020, 05:37:32 AM

Quote from: Sadlife on March 20, 2020, 12:55:38 AM

The only gambling site that will be affected are those based in sports betting types. But for online casino's it will be business as usual, in fact as you might said most people right now are vacant. So they'll surely look for alternatives to keep them occupied such as online casino's, these will actually benefit them.

The cryptocurrency gambling sites will not have any problems.
Most of those sites have other games to play such as dice or plinko so gamblers can be focused on those games.

dice and plinko are enjoyable . both of these games are my favorite more than anything else especially plinko when i want to past the time and enjoy , and dice if i want to earn a profit .

crypto gambling site mean its still compose of sports betting and classic casino games but sports betting sites are the one that is affected the most . offline casino are also being closed but the good news is that there are online versions of a clasic casino . this is the perfect time for offline gambler to try online gambling too .

Naida_BR

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Quote from: Sadlife on March 20, 2020, 12:55:38 AM

The only gambling site that will be affected are those based in sports betting types. But for online casino's it will be business as usual, in fact as you might said most people right now are vacant. So they'll surely look for alternatives to keep them occupied such as online casino's, these will actually benefit them.

The cryptocurrency gambling sites will not have any problems.
Most of those sites have other games to play such as dice or plinko so gamblers can be focused on those games.

Sadlife

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The only gambling site that will be affected are those based in sports betting types. But for online casino's it will be business as usual, in fact as you might said most people right now are vacant. So they'll surely look for alternatives to keep them occupied such as online casino's, these will actually benefit them.

xvids

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Quote from: Twinkledoe on March 18, 2020, 09:46:09 PM

I guess small timers in gambling will have a break in gambling as you mentioned, they will prefer to save the money for necessary items. But for those high rollers who don't care about money or don't have problem spending money even with this pandemic situation, they will be in online platforms and maybe discover crypto online gambling websites. This will increase crypto users in gambling...Maybe..For Sports bettors, they will look for alternatives but maybe most of them will park their gambling activities.

I think it would depend on their situation if they have enough money then they don't really need to take a break.
I mean not all of those small time gamblers have a tight budget there are some who only prefer to gamble with small amount even if they are loaded with money.
So I guess not all of those small time gamblers would take a break and some might only lessen their gambling expenses.

Meowth05

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It will definitely affect the cryptocurrency gambling because there will be a lot of people who will stay at home because of the pandemic, but we should not expect a skyrocket increase in traffic because there might be people that aren't keen on online casino unlike sports betting.

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Quote from: GreatArkansas on March 19, 2020, 10:17:50 PM

Another thought just come to my mind;
Since this Corona Virus (COVID19) outbreak and most of the people are either working from home or no more jobs at all.
So, there are still possible that the gambling volume these days will lessen? Since they got no more money to gamble since some the people already no job at all? Not unless they will gamble and take risk their savings to be able to make money after they got out of their job which is extremely risky at all.

Yes, the gambling volume will reduce, and that happened in the other industry. The casino owner cannot deny that they are lost much money because of this pandemic, and they cannot do anything except to shut down their business temporary. I think those people are not getting out from their job, they only stay at their home, and some of them can work from home. But yes, some of them lose their job because they cannot go anywhere. I don't think they will take the risk of still playing gambling because they need to survive in these situations, and money will be the important thing they need to have to buy their daily needs.

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Quote from: GreatArkansas on March 18, 2020, 08:02:32 PM

With the recent outbreak of coronavirus (covid19) lot of sports game are being cancelled/postponed especially the NBA
While, there are also lot of people from different country that starting to lock down and stay at home for home quarantine.
So,
Decrease of sports games.
Increase of people that will stay at home (probably no work/less work to do, e.g work from home/totally no work)

So what do you think the effect of it?
Can we experience a high volume on every cryptocurrency gambling website?
Since major payments are cryptos, so need to go to any bank anymore, in short more on online transactions.

Well, there are many gambling sites that is not affiliated or connected to any sports or e-sports. There are gambling sites that uses other way to put a bet like dice and roulette. I think that type of betting sites are the ones we should patronize for now. I think some of the site offers a high value yet need a very lucky chance. Just bear on the situation because it is very dangerous.

GreatArkansas

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Another thought just come to my mind;
Since this Corona Virus (COVID19) outbreak and most of the people are either working from home or no more jobs at all.
So, there are still possible that the gambling volume these days will lessen? Since they got no more money to gamble since some the people already no job at all? Not unless they will gamble and take risk their savings to be able to make money after they got out of their job which is extremely risky at all.

qomariah95

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The development of this virus is indeed increasing every day in several countries. That is certainly very influential on sports betting, but for gambling games such as dice or other gambling games. Then it doesn't really matter, I keep gambling dice now.

TopT3ns

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Quote from: Tipstar on March 19, 2020, 06:06:46 PM

Sports betting are surely affected by the current outbreak and the lockdown but people tend to more when they are "working from home". I've seen a rise in gambling volume in online casinos in last few days as many of the countries closes school and offices and life comes to a halt. People have already stocked for the next month or two and are with family on quarantine without any trouble.

well indeed because sports gambling such as soccer and others have postponed the match because to secure the condition of the players so as not to get infected with the corona virus which is currently being spread very ferociously.

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Quote from: GreatArkansas on March 18, 2020, 08:02:32 PM

So what do you think the effect of it?

- We are in a pandemic right now, gamblers needs to prioritised things if they want to survived in this crisis specially for average joes.

- Traditional and land-based gamblers will not find pleasure playing on-line. Those players wanted the ambience of a physical casinos that online gambling site obviously doesn't have.

So I don't think that there will be surge in crypto-currency just because physical casinos are shut-down.

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Quote from: GreatArkansas on March 18, 2020, 08:02:32 PM

With the recent outbreak of coronavirus (covid19) lot of sports game are being cancelled/postponed especially the NBA
While, there are also lot of people from different country that starting to lock down and stay at home for home quarantine.
So,
Decrease of sports games.
Increase of people that will stay at home (probably no work/less work to do, e.g work from home/totally no work)

So what do you think the effect of it?
Can we experience a high volume on every cryptocurrency gambling website?
Since major payments are cryptos, so need to go to any bank anymore, in short more on online transactions.

Yeah, most of the sport games are being postponed, starting from NBA to soccer games. This is because of the corona virus. Thus, people can no longer place bets on these games using fiat or crypto currencies. Again, most of the countries have placed man on mass gathering or crowding around. Thus bars, restaurants, schools and even casinos are now temporarily shut downed. Now, if people still wants to continue gambling, they can use crypto casinos. They don't have to deal with the banks, nor they have to go through several complexities for online gambling.
So I guess, yeah, it has increased the volume of bet placed on crypto casinos.

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Quote from: Tipstar on March 19, 2020, 06:06:46 PM

Sports betting are surely affected by the current outbreak and the lockdown but people tend to more when they are "working from home". I've seen a rise in gambling volume in online casinos in last few days as many of the countries closes school and offices and life comes to a halt. People have already stocked for the next month or two and are with family on quarantine without any trouble.

There are a lot of ways to know the virus will continue to show its bad effects over the next few months or not. The gamblers should feel better due to the alternative choices in the online sites, the other professions still live in trouble which can't be solved easily.

Tipstar

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Sports betting are surely affected by the current outbreak and the lockdown but people tend to more when they are "working from home". I've seen a rise in gambling volume in online casinos in last few days as many of the countries closes school and offices and life comes to a halt. People have already stocked for the next month or two and are with family on quarantine without any trouble.

Inkdatar

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Quote from: Debonaire217 on March 19, 2020, 09:51:35 AM

Quote from: ryzaadit on March 19, 2020, 07:44:14 AM

I think the volume will be decreased since they all need to be prepared for a global economic crisis.

Possible, because there is no assurance that people will play and gamble online even though, they have more time to spend at home, and most of the transactions are made possible online. Remember, there is a limited source of income right now meaning to say that more people will consider to buy necessities instead of gambling it online. On the other hand, there might still be persons who couldn't stop themselves in playing despite of the situation.

That's true no assurance that there would be an increase volume of playing online gambling. This pandemic happening it has caused a global crisis to many people, for some working at home with pay and for some no work no pay. So I don't think an effect increase in gambling rather people will think of saving more money to buy necessities than playing in gambling that may lead to losses.

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Quote from: ryzaadit on March 19, 2020, 07:44:14 AM

I think the volume will be decreased since they all need to be prepared for a global economic crisis.

Possible, because there is no assurance that people will play and gamble online even though, they have more time to spend at home, and most of the transactions are made possible online. Remember, there is a limited source of income right now meaning to say that more people will consider to buy necessities instead of gambling it online. On the other hand, there might still be persons who couldn't stop themselves in playing despite of the situation.

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Quote from: GreatArkansas on March 18, 2020, 08:02:32 PM

With the recent outbreak of coronavirus (covid19) lot of sports game are being cancelled/postponed especially the NBA
While, there are also lot of people from different country that starting to lock down and stay at home for home quarantine.
So,
Decrease of sports games.
Increase of people that will stay at home (probably no work/less work to do, e.g work from home/totally no work)

So what do you think the effect of it?
Can we experience a high volume on every cryptocurrency gambling website?
Since major payments are cryptos, so need to go to any bank anymore, in short more on online transactions.

Come to think that people do rely into their 8-5 jobs salary.If majority of those gamblers are on a place where being community quarantined
or locked down then they would surely be affected.No work then no pay, then what funds they are going to use? Unless if they are rich enough
which doesnt depend on their salary or do have their own business then they can play online if they want since physical places arent still available.

We cant conclude that this situation will give out online gambling benefits specially here on crypto space knowing that there are still lots of
traditional fiat gambling sites.

Topic: Corona virus (COVID19) Effect in Cryptocurrency Gambling - page 5. (Read 725 times)