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Topic: Did Covid-19 affect crypto gambling? - page 4. (Read 1034 times)

sr. member
Activity: 2618
Merit: 439
May 14, 2020, 07:36:11 AM
#52
Positively yes,there is a Good effect in Crypto Gambling this pandemic ,Look how many gambling sites has been advertised here in forum in just a 2 months duration?meaning there are so many target gamblers of the developer thats why they are putting many sites and platform to gain from players this effect in crypto because many of us encourage our friends to try using crypto as materials compared to Fiat.
legendary
Activity: 2660
Merit: 2229
https://t1p.de/6ghrf
May 14, 2020, 06:23:28 AM
#51
I think this pandemic will not have a negative impact on the online gambling industry. The revenues are more likely to increase. People are more bored than before, so they are looking for distractions.
The people who have less money than before will hopefully set the right priorities.
hero member
Activity: 2982
Merit: 610
May 14, 2020, 06:14:11 AM
#50
Due to the pandemic, gamblers can't go to work.


Actually not all of us can't go to work, people who work in a business that is selling essential product and services are still permitted to work provided they follow all the safety measures, hence, they will receive a salary and they have a money to gamble, that if they choose to still gamble at this situation.
hero member
Activity: 3038
Merit: 617
May 14, 2020, 03:58:31 AM
#49
The good effect of Covid 19 is the traffic of some gambling websites (online). Most of the casinos are close, so people will start to learn how to gamble online.
But then again, there is the negative part here, there are some people who lost their job or temporary no job because of this pandemic covid 19, so, there are less or no money to gamble.

Crypto gambling and online gambling is not the same, crypto gambling is just a subtype of the latter, and it's likely only a very small piece of it. When people who used to go to brick and mortar casinos google "online casino", they likely won't get any crypto-related results, and unless they dig deeper or are already aware of crypto side, they'll probably never now about it. So, I really doubt that the coronavirus had positive effect on this industry.

Not really because there are still online gambling casinos that allow its customer to use cryptocurrency in their platform. The gambling casinos that are really affected by this pandemic are those physical casinos that make people gather in a certain place. We all know that this quarantine makes people unable to go outside and go to the casino that they want to play with. Maybe, the crypto casinos are somehow affected because the volume of people who are gambling online will increase. This covid-19 affects all of the sectors in the government so maybe the economy is also affected and so the cryptocurrency. There are a lot of possibilities that may occur the the virus can also affect the gambling casino digitally.

This is because Google search provides local search results which is why when people search for "online casino", the results show websites of local casinos. I can't see crypto-related casinos when I tried it but I think people will find these crypto casinos in some places where casinos are now starting to accept BTC.

The gamblers who are used to brick and mortar casinos will eventually start learning how to use BTC when they begin to see the benefit of being anonymous in online casinos.

legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
May 14, 2020, 03:52:50 AM
#48
Due to the pandemic, gamblers can't go to work.
If they can't go to work they don't have any salary or money.
If they don't have money, they don't have funds to be use for gambling.
Therefore, COVID19 affected crypto gambling but not directly affected.

Since we know that most of the gamblers right now can't go to their work, the virus affected crypto gambling already since they don't have any funds to use. Those who are working at home who are also gambling aren't affected at all but those who are working in a company or an establishments who've been closed for months are greatly affected and their gambling habits are also affected too for sure.
hero member
Activity: 2702
Merit: 672
I don't request loans~
May 14, 2020, 03:38:19 AM
#47
I'm pretty sure that it got affected. I mean, was there a business that wasn't affected by the virus? Almost, if not all industries in the world revolve around buying and selling so I doubt there is one though. Especially since selling requires resources, and with a lot of places being unable to properly function, said resources would naturally dwindle down because no one can properly gather them at an amount where the demand meets the supply. Even with gambling which basically handles money. Sure, at the beginning, there may be a number of people who would still gamble, but that number should drop quite a bit as time passes by. The only ones who can afford to still gamble are those rich people out there that aren't much affected when it comes to money tbh. They have an abundant amount that they have no idea what to do with it anymore after all.
full member
Activity: 1540
Merit: 219
May 14, 2020, 03:03:52 AM
#46
The good effect of Covid 19 is the traffic of some gambling websites (online). Most of the casinos are close, so people will start to learn how to gamble online.
But then again, there is the negative part here, there are some people who lost their job or temporary no job because of this pandemic covid 19, so, there are less or no money to gamble.

Crypto gambling and online gambling is not the same, crypto gambling is just a subtype of the latter, and it's likely only a very small piece of it. When people who used to go to brick and mortar casinos google "online casino", they likely won't get any crypto-related results, and unless they dig deeper or are already aware of crypto side, they'll probably never now about it. So, I really doubt that the coronavirus had positive effect on this industry.

Not really because there are still online gambling casinos that allow its customer to use cryptocurrency in their platform. The gambling casinos that are really affected by this pandemic are those physical casinos that make people gather in a certain place. We all know that this quarantine makes people unable to go outside and go to the casino that they want to play with. Maybe, the crypto casinos are somehow affected because the volume of people who are gambling online will increase. This covid-19 affects all of the sectors in the government so maybe the economy is also affected and so the cryptocurrency. There are a lot of possibilities that may occur the the virus can also affect the gambling casino digitally.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
May 14, 2020, 02:23:18 AM
#45
Currently can't afford me to gamble anymore until the virus outbreak will be stopped.

At least you understand and you are honest, we don't need to force things up, we have to focus on our priority now.
Though there are people who can still gamble at the moment because they have a lot of savings or they are still making good income, this is not for everyone.

It did not affect the crypto gambling in overall because some are still gambling.
People just come and go here, this is the nature of the business.
newbie
Activity: 84
Merit: 0
May 14, 2020, 02:04:35 AM
#44
Currently can't afford me to gamble anymore until the virus outbreak will be stopped.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
May 14, 2020, 01:33:34 AM
#43
In my opinion, crypto gambling is affected positively due to COVID-19.
As traditional casinos are closed due to lockdown and social distancing measures, people have started turning to online casinos and crypto casinos in order to savor their casino desires.

Not only casinos, but most gambling activities are also closed because there's nothing to bet with, due to the games being suspended or moved to another schedule until further notice. it has affected not only the gambling industries but all of the sports companies franchises have faced a low income in their sales.
The sports companies are trying to resume their events again, but they need approval from the government because, without the government, they cannot do that. The sports companies, the gambling industries, and the other industries are dying, especially for small companies because they cannot make money from the industries. We hope that they can survive in this pandemic so they can resume their business once the pandemic ends.
hero member
Activity: 2268
Merit: 588
You own the pen
May 14, 2020, 01:08:00 AM
#42
In my opinion, crypto gambling is affected positively due to COVID-19.
As traditional casinos are closed due to lockdown and social distancing measures, people have started turning to online casinos and crypto casinos in order to savor their casino desires.

Not only casinos, but most gambling activities are also closed because there's nothing to bet with, due to the games being suspended or moved to another schedule until further notice. it has affected not only the gambling industries but all of the sports companies franchises have faced a low income in their sales.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
May 14, 2020, 01:07:17 AM
#41
I don't think it affects that much negatively on the gambling industry but I think the appropriate answer was it affect positively as many people who prefers physical casinos have turn into online gambling specifically crypto gambling.
With the pandemic currently ravaging the world, the influx of people that have been gambling on casinos and playing online during the quarantine is very high. Gambling patrons will surely try this option since most of the casinos and gambling houses closed (saved for those illegal). In my opinion, this pandemic helped many online business peosper for obvious reasons and this is also very good PR for the online businesses because they are getting recognized by more people. My advice to people wanting to invest in something, try online casinos or better yet try kickstarting an online business.
hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
May 14, 2020, 12:46:05 AM
#40
I don't think it affects that much negatively on the gambling industry but I think the appropriate answer was it affect positively as many people who prefers physical casinos have turn into online gambling specifically crypto gambling.

Calvin Ayre endorses here shitcoinSV but I think that still makes an impact over crypto gambling, to say the least.
https://www.bnnbloomberg.ca/technology/video/calvin-ayre-invest-in-bitcoin-sv-not-other-crypto-tokens~1694302

More positive news about crypto gambling amid the pandemic: http://www.casinogamespro.com/2020/04/06/new-cryptocurrency-casino-to-be-launched-by-atari-despite-spreading-coronavirus-crisis
full member
Activity: 1638
Merit: 122
May 14, 2020, 12:23:46 AM
#39
on the chat where the gambling site i play i see people mentioned about the stimulus money or the one that governments give to them   . so i suspect that they are using that money to gamble   .

 so they still play gambling , they also recieve thier adavance 13 month pay and other incentives from thier postponed job   .   while on me  , i dont have work before so i can say that my gambling status is still the same    . i still play minimally with or without funds
legendary
Activity: 2450
Merit: 1047
May 14, 2020, 12:19:22 AM
#38
As you know, Covid-19 caused serious economic problems in the whole world, and a lot of industries got affected even indirectly, simply because people may now have less money to spend.

Do you think crypto gambling is one of such industries? Gambling is an expensive form of entertainment, and I would assume people will be gambling much less if they have lost their jobs due to lockdown. Or maybe there are some factors that counter that - like maybe crypto gamblers have deep enough pockets to sit through this quarantine and keep gambling.

What do you think? What is your experience in these times?

I don't think it has a negative impact all, there are still a lot of gambling sites and the promotion is still great, there are still a lot of promotion nothing really changes, I guess people are still playing and they can play longer hours now, because of the longer hours they now stay on their homes, and the longer you stay the longer coins that you are going to spend.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
May 14, 2020, 12:02:20 AM
#37
As you know, Covid-19 caused serious economic problems in the whole world, and a lot of industries got affected even indirectly, simply because people may now have less money to spend.

Do you think crypto gambling is one of such industries? Gambling is an expensive form of entertainment, and I would assume people will be gambling much less if they have lost their jobs due to lockdown. Or maybe there are some factors that counter that - like maybe crypto gamblers have deep enough pockets to sit through this quarantine and keep gambling.

What do you think? What is your experience in these times?
Crypto gambling grows more in this Pandemic meaning that Gambling here Benefits from COVID-19 .about the less money ?well those small time gamblers but those capable?they can even spend more than they usually risk.
Look how much time they have now compared in normal or live casino?
and also the advantage of this Virus is people now learn more about online gambling  since this is the only option they have this days.
legendary
Activity: 3080
Merit: 1353
May 13, 2020, 10:07:18 PM
#36
Obviously, whales might not be affected though, they are big time gamblers and love to play all-in so I will assume that they will not be affected by this pandemic. They can throw literally millions of dollars to continue with their habits. But for average Joe's, it will be a different story, perhaps they will likely to play less and manage their crypto's accordingly. We really didn't anticipated that the lockdown will go on for months, maybe in the first month, they continue to gamble, but as the quarantine is extended, majority of them might shift their priorities, "to bring food in the table", instead of gambling their crypto/fiat.
sr. member
Activity: 2030
Merit: 269
May 13, 2020, 09:29:40 PM
#35
As you know, Covid-19 caused serious economic problems in the whole world, and a lot of industries got affected even indirectly, simply because people may now have less money to spend.

Do you think crypto gambling is one of such industries? Gambling is an expensive form of entertainment, and I would assume people will be gambling much less if they have lost their jobs due to lockdown. Or maybe there are some factors that counter that - like maybe crypto gamblers have deep enough pockets to sit through this quarantine and keep gambling.

What do you think? What is your experience in these times?

During lockdown I still find the time to play because I have a long hour infront of the computer, I believe the effect is not really negative, there are some gamblers that got affected but those who are on a no work no pay basis but businessman and those with secured job are not, we hardly see online gambling closing during this pandemic.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
May 13, 2020, 06:28:01 PM
#34
It's hard to get the exact effect because these data can only be acquired from the crypto casinos and they are not publishing it.

Here's my simple analysis..

people are struggling financially due to the covid-19 pandemic, but there are people who are still winning to gamble, maybe if we will based it on the financial struggle, money spent in gambling will be reduce but we also have to look at the bright side as gamblers on land based casino are now going into online gambling since we know they are close at the moment, so it's just some kind of ( clients = deduct + add)... I mean there's a little effect negatively.

overall they'll survive and might grow over time. 
hero member
Activity: 1750
Merit: 589
May 13, 2020, 05:39:31 PM
#33
As you know, Covid-19 caused serious economic problems in the whole world, and a lot of industries got affected even indirectly, simply because people may now have less money to spend.

Do you think crypto gambling is one of such industries? Gambling is an expensive form of entertainment, and I would assume people will be gambling much less if they have lost their jobs due to lockdown. Or maybe there are some factors that counter that - like maybe crypto gamblers have deep enough pockets to sit through this quarantine and keep gambling.

What do you think? What is your experience in these times?

Right at this point of time, economic state is really being affected because of the pandemic since people are tend to stay at home so there will be no production being made to produce goods and services that brings the economic state down for this moment. Gambling is one of those who is affected and it is included on the gaming industry that also have a big contribution to the economic state of a country since it pays taxes which is where the fund of a country came from. Well, offline gambling are the ones who are directly being affected by this since casinos and sports hall (for sports bet) is temporarily closed for a while. We can say that gambling still continue in an online platform through the use of online gambling sites which enables people to conveniently play while staying indoors. It is still somehow being affected because people might tend to temporarily stop playing because of limited source of money whether crypto or stable coins because people do not have jobs as of the moment.
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