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Topic: Did Covid-19 affect crypto gambling? - page 6. (Read 1034 times)

full member
Activity: 868
Merit: 151
May 13, 2020, 06:11:28 AM
#12
I am waiting for some one here to share their experience mostly from the people who had being an additive to casinos and now due to covid could not go out and do not even enjoy the online gambling. Have they stopped it and come out of their addiction as this is also a time for them to refresh them self and think something new and do many new things during this lockdown.
legendary
Activity: 3024
Merit: 2148
May 13, 2020, 06:11:06 AM
#11
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.
legendary
Activity: 1834
Merit: 1208
May 13, 2020, 05:29:13 AM
#10
From my experience during quarantine I didn't gambled to much, only for fun to fill up my free time. Because I think this pandemic will be long and we can't predict what will facing in the future, better safe than sorry. But for many people who have a lot of money, probably they will gambling more as they want.

Nowadays more and more gambling is online because offline gambling is no longer open due to the lockdown situation that occurs in that area so I think there is no influence on crypto gambling and I think this is increasing.

I think you're right, we can see how people is interested about online gambling during this situation and this is the opportunity for online casino


source : https://trends.google.com/trends/explore?q=online%20gambling&geo=US
legendary
Activity: 3066
Merit: 1312
May 13, 2020, 05:24:05 AM
#9
No need to create a new topic for this discussion imho since there are some other topic with the same discussion in this board. One of the topis is Corona virus (COVID19) Effect in Cryptocurrency Gambling and there are still some other topics related to covid19 vs crypto gambling. So better to lock this thread to avoid repepetive posts for the same discussion.
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
May 13, 2020, 05:21:00 AM
#8
Facts, everyone was affected by this crisis, and there's no exception.

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.

With that being said. Market had been gone down below for a couple weeks back then in which might be because of people who draw their stuff out to cover up the mess such crisis been doing so. Hence, crypto gambling, I guess goes a bit low of course to wisely spend money on necessary stuff than risking it for entertainment. Well, today's market doesn't change the fact that they could spend more, not unless they can work now, or lockdown have been lifted up, or they got penny to spend with without worrying a stomach to feed.

Even I, I won't bother gambling it for a while specially I ain't that wealthy enough, and I don't even have anything much left to burn out of gambling.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
May 13, 2020, 05:16:18 AM
#7
As the crypto gambling is at the internet, maybe crypto gambling is not get affected from the virus. But people who gamble using crypto will get the affected as they need money to survive, and they can sell their crypto if they runs out of the money. If that is happen, then they will not playing gambling because they don't have more coins to gamble. People who have much crypto amount will not have a problem if they want to playing gambling anytime but not all people can have much amount of crypto.
legendary
Activity: 2576
Merit: 1860
May 13, 2020, 05:05:52 AM
#6
As far as my personal experience is concerned, my crypto gambling spending has increased during these lockdown days. This may also be the same with others who have kept their sources of income but are required to stay at home nevertheless. Crypto gambling is a nice way to kill boredom these days. It helps a lot.

It might also be a factor that the huge majority of the land-based casinos and gambling houses, big and small, all over the world are now shut down. That might have introduced a lot of traditional gamblers to crypto gambling online. So, I guess, the loss of gamblers due to unemployment, among other reasons, is somehow balanced out with the coming of new gamblers and the increasing gambling spending of current users.
legendary
Activity: 2506
Merit: 1394
May 13, 2020, 05:05:24 AM
#5
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.
hero member
Activity: 1834
Merit: 523
May 13, 2020, 05:02:09 AM
#4
Because of the covid19 we have lockdown to prevent it and everyone are mandatory to stay at home and for sure most of them are playing gambling once they have money that will saved in the last few months or extra money but other people are don't have money to play gambling anymore because they did not have job and we know if you do not have that you cannot get your salary.
sr. member
Activity: 1596
Merit: 335
May 13, 2020, 04:45:00 AM
#3
It could have affected gambling or instead the demand on crypto gambling might have increased since most casinos had closed down and some gamblers might have switched to online gambling.

Honestly since the lockdown, I haven't gambled online since I am keeping my crypto stash due to the halving. But this lockdown gave me a lot of time to gamble with some of my colleagues during the weekends since we are locked down at work.

Maybe those who have a huge amount of crypto savings still gamble despite of the pandemic for extra income. Some must have cashed-out since most of people had been laid-off from work.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
May 13, 2020, 04:44:48 AM
#2
Nowadays more and more gambling is online because offline gambling is no longer open due to the lockdown situation that occurs in that area so I think there is no influence on crypto gambling and I think this is increasing.

This pandemic keeps people at home constantly and can't go anywhere so people who are bored will certainly do online gambling which is now widely available on various platforms with crypto, so this is expensive entertainment where here we will lose a lot of money.
legendary
Activity: 3024
Merit: 2148
May 13, 2020, 04:19:53 AM
#1
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?
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