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Topic: Crypto Bet: A wider Array of Altcoins are being usef - page 4. (Read 585 times)

hero member
Activity: 2072
Merit: 531
I read the article shared above, interestingly Ethereum and Litecoin also increased by a few percent. But still Bitcoin dominates crypto gambling, what @Pmalek said is true fiat gambling platforms will gradually start thinking about accepting Crypto so as not to lose customers. By the way, after Bitcoin hit ATH previously we saw a lot of new gambling sites popping up too, I think the price trend became the attraction of gambling companies.
legendary
Activity: 2086
Merit: 1759
I'm sure many have said and conducted studies about gambling and crypto, indeed crypto is relatively safe and easy to use by gambling users in general, rather than fiat and traditional gambling.

The proliferation of digital game-based crypto types, more and more gambling sites that offer sites and games in Altcoin, what's more, NFT games are now booming, with an ecosystem, technology and blockchain are available, it can be predicted that by 2022 gambling sites that provide deposits and withdrawals with crypto gambling sites, for example there are 1000 sites listed, maybe 2025 it can be 3x or all gambling sites will use Altcoins for their main requirements.

No wonder the current gambling industry based on studies is more favored by gambling users.
legendary
Activity: 2730
Merit: 7065
Farewell, Leo. You will be missed!
I am actually surprised that the market share of cryptocurrency casino is over 35%. I thought those numbers were far lower. I think in the future some of the best fiat casinos and sportsbooks will adopt crypto in order to not lose their customers to other platforms. I am talking about giants giants like bwin, bet365, William Hill, etc. It's obvious that people are getting more and more hooked gambling with crypto and the reasons don't matter.
hero member
Activity: 1862
Merit: 830
Ofcourse.
You have to understand that the transfer fee of Bitcoin is very high as compared to other *Altcoins* who have a much lower transfer fee which means the users might save a lot if they are super frequent with gambling as well. I think other that that you must find better sites to actually get into as well. There are certain sites which can give you better options than the site you mentioned is not looking safe and you can also refer to BTCGOSU for further information about the current sites and you can also try playing on the sites which are using tokens perse. There are a lot of places that you can find using ETH but there won't be conversion possible.
legendary
Activity: 2310
Merit: 1075
You have just showing how cheap your company is mate , not even posting your ANN Thread as formal as it was  so i believe that you are not trustworthy in terms of gambling.

I will not even checking that site of yours lol .

but Indeed that it is Gambling that we love doing and with of course using altcoins lol.

I don't think OP is advertising a gambling site or any site, if you click the link and look at the title of the article you'll see that the OP just copied it. I know it must have been confusing since there is a gambling site called cryptobet.com(which is currently down)
hero member
Activity: 1246
Merit: 560
Bitcoin makes the world go 🔃
I tried searching for its source but only other coin news are appearing. You will have to register on softswiss to really check their data but here is one of the link that I think is known in this forum.

I believe the use of crypto is increasing in betting compare to fiat. But BTC is more used in casinos than than altcoins though., there is just no data about it.

Code:
https://beincrypto.com/crypto-bets-a-wider-array-of-altcoins-are-being-used/

The OP still didn't provide the source that you indicated by the time I made my post above. He just edited his thread content 1hr after I make the comment although the link he provides seems not containing enough data to be considered as facts. I don't softswiss but it will be helpful if he can provide a valid data analytics from that website especially the infographics to easily undertand the message and the current condition of crypto gambling conpared to fiat.

I'm really to interested on how crypto casino slowly increase popularity and get share to fiat casino in terms of profit.
hero member
Activity: 2870
Merit: 574
It seems that starting last year, crypto gambling has started to grow even bigger than in previous years.
And that makes crypto gambling able to attract the attention of people who are used to gambling using fiat to switch to using crypto.
Crypto casinos offer convenience for gamblers to play gambling without providing detailed information.
In addition, gamblers have a large selection of coins that can be used to deposit and withdraw their money.
full member
Activity: 2002
Merit: 175
★Bitvest.io★ Play Plinko or Invest!
It has been reported that the online gambling industry has shown more people are starting to use crypto to gamble online forgoing Fiat. And that there is a greater interest in betting with Altcoins.
  Over the past two years,gamblers using crypto online instead of Fiat has significantly increased.The study comes from softswiss,which provides software for managing iGaming operations.The organization holds several gaming license and was the first company in the world to offer a Bitcoin optimized casino solution.
Softswiss said the share of crypto in Q1 2022, increased by almost 10%: from 26.3% to 35.9%. In comparison to the first quarter in 2020,the share of crypto currencies has grown by 29%. If such dynamic continue,the share of Fiat and crypto currencies may become equal over the course of the next year,as Fiat currently is the most popular choice for online betting,64% of people use Fiat.
https://beincrypto.com/crypto-bets-a-wider-array-of-altcoins-are-being-used/

You have just showing how cheap your company is mate , not even posting your ANN Thread as formal as it was  so i believe that you are not trustworthy in terms of gambling.

I will not even checking that site of yours lol .

but Indeed that it is Gambling that we love doing and with of course using altcoins lol.
legendary
Activity: 3136
Merit: 1233
Leading Crypto Sports Betting & Casino Platform
Crypto betting offers the most comfortable way of betting for a lot of people.Some persons are gamblers but they also have a family and do not want their wife to find out in their credit card statement that they are gambling.The credit card statement can be seen by family members while by playing with crypto is very difficult to see,in this way this is the most comfortable form of gambling and therefore it is only natural that this will only increase with the passing of time as more and more people join in.
hero member
Activity: 2870
Merit: 612
I tried searching for its source but only other coin news are appearing. You will have to register on softswiss to really check their data but here is one of the link that I think is known in this forum.

I believe the use of crypto is increasing in betting compare to fiat. But BTC is more used in casinos than than altcoins though., there is just no data about it.

Code:
https://beincrypto.com/crypto-bets-a-wider-array-of-altcoins-are-being-used/
hero member
Activity: 1246
Merit: 560
Bitcoin makes the world go 🔃
First of all, Your thread will be more credible if you will add source to your data that you gathered here so that we can sure that all the figure that you stated is a fact. It's not surprising that Fiat still get the majority of shares in gambling industry since Fiat is the standard money of the majority of people. Our salary, business profit and other source of income is with fiat and people wants the less hassle of conveting they money just to gamble so a direct deposit using fiat is more popular rather than crypto right now. This will change if crypto is use already as salary by most of the company or if the government endorse it to there citizen.
hero member
Activity: 700
Merit: 523
Leading Crypto Sports Betting & Casino Platform
It has been reported that the online gambling industry has shown more people are starting to use crypto to gamble online forgoing Fiat. And that there is a greater interest in betting with Altcoins.
  Over the past two years,gamblers using crypto online instead of Fiat has significantly increased.The study comes from softswiss,which provides software for managing iGaming operations.The organization holds several gaming license and was the first company in the world to offer a Bitcoin optimized casino solution.
Softswiss said the share of crypto in Q1 2022, increased by almost 10%: from 26.3% to 35.9%. In comparison to the first quarter in 2020,the share of crypto currencies has grown by 29%. If such dynamic continue,the share of Fiat and crypto currencies may become equal over the course of the next year,as Fiat currently is the most popular choice for online betting,64% of people use Fiat.
https://beincrypto.com/crypto-bets-a-wider-array-of-altcoins-are-being-used/
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