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Topic: Did the use of online gambling increase with crypto moneys? (Read 22786 times)

member
Activity: 893
Merit: 43
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I should think so, because with crypto gambling people are not burdened with the unnecessary know your customer which is an inconvenience to many.

People are gamble with less than a dollar which is an another score for crypto gambling over fiat gambling and their are just so many promos for people to win so this might be some of the reasons for increased play.
legendary
Activity: 1904
Merit: 1000
Of course because crypto users themselves have increased throughout the world and besides that there are many online gamblers who on this occasion switched to crypto online gambling, so crypto gambling has a very good prospect of continuing to grow because of the high enthusiasm, this is not only about transaction fees because crypto gambling also maintains the privacy of its customers very well for the services they have provided so far.

It is undeniable that crypto currencies have increased the number of gamblers. This can be seen from the number of online gambling sites that use crypto currency as a payment tool. And from most of these sites, they have their customers. Crypto currency give a simplelness which for sure more preferable!
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
Of course because crypto users themselves have increased throughout the world and besides that there are many online gamblers who on this occasion switched to crypto online gambling, so crypto gambling has a very good prospect of continuing to grow because of the high enthusiasm, this is not only about transaction fees because crypto gambling also maintains the privacy of its customers very well for the services they have provided so far.
legendary
Activity: 2436
Merit: 1104
Yes, online gambling increased because of crypto moneys because theses gambling sites that offer crypto services
can be access around the world and it also not bound to follow every countries rules about gambling even if the country
have ban gambling casinos and blocked local online casinos these gambling sites can still be accessed online by using
VPN and the payments doesn't require you to give out any information which protects the gambler from the local law.
hero member
Activity: 1820
Merit: 515
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Of course it made the common people to play a at gambling sites just because of the introduction of crypto gambling sites, most of the gambling sites doesn't need lot of details to register than we can go and deposit then start playing.
hero member
Activity: 1036
Merit: 500
Yes it really did increased. It gived many advantages to people that gambles often Some of these are:.
-They can gamble anytime and andywhere they want.
-Privacy that their info is not known in a gambling website and even their friends or relative won't know that they are gambling.
-Gambling websites doesn't require big amount of money to play so almost anyone can play.
I think the arrival of so many crypto coins in the market has really increased the rate of inflow of gamblers in the market and the usage of crypto in gambling industry. This is because many among us do not want to make payments via our debit cards and prefer to stay anonymous and crypto does that for us. So yeah, since many guys right now can do it without getting their id disclosed, there is an influx of gamblers.
hero member
Activity: 2912
Merit: 556
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Crypto money helps gamblers to be easier playing gambling. They can transfer and put the money to the gambling games anytime without the needs of the third party. Besides, the gambler's identity will remain anonymous in this way. Yeah, they may be just several advantages, there are other ones for sure.

Yes, that will be the reason for gamblers to choose crypto gambling. They don't have to wait for a long time to send the various coins to the gambling game. They only need to buy any coins they want, and then send it into the gambling website, and they can start to play any games.

Besides that, they can hide their identity like above me said so they could feel safe to play the game without anyone knows. They can play in their room or in some places they want while they can meet other people.
sr. member
Activity: 1512
Merit: 316
Crypto money helps gamblers to be easier playing gambling. They can transfer and put the money to the gambling games anytime without the needs of the third party. Besides, the gambler's identity will remain anonymous in this way. Yeah, they may be just several advantages, there are other ones for sure.

Answer is yes as people who have some coins with them would like to gamble with that and try to double or increase the coins by winning the bets in the gambling. Thus with coins it is more dangerous as people are getting more addicted to it as well.
legendary
Activity: 2422
Merit: 1140
duelbits.com
Crypto money helps gamblers to be easier playing gambling. They can transfer and put the money to the gambling games anytime without the needs of the third party. Besides, the gambler's identity will remain anonymous in this way. Yeah, they may be just several advantages, there are other ones for sure.
hero member
Activity: 1932
Merit: 504
Yes it really did increased. It gived many advantages to people that gambles often Some of these are:.
-They can gamble anytime and andywhere they want.
-Privacy that their info is not known in a gambling website and even their friends or relative won't know that they are gambling.
-Gambling websites doesn't require big amount of money to play so almost anyone can play.
Anywhere i want, that is my point why i use crypto to online gambling. Your points is 100% right because in some countries, gambling is prohibited and we can face problem with law if we do it.
hero member
Activity: 2366
Merit: 594
Yes it really did increased. It gived many advantages to people that gambles often Some of these are:.
-They can gamble anytime and andywhere they want.
-Privacy that their info is not known in a gambling website and even their friends or relative won't know that they are gambling.
-Gambling websites doesn't require big amount of money to play so almost anyone can play.
full member
Activity: 924
Merit: 221
yes definitely it will increase the crypto money due to online gambling. There are lots of benefits when one gamble online and part of it is the anonymity. Not all here likes to be known personally when gambling. Privacy is more important here and even if the gambling site requires one to do KYC but during the play one can sti.used the AKA to hide identity. This is the very good thing when one gambles online. You might going to surprise when you bet and will going to know someone that bet too without your knowledge that your friends does gambling.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
Yup, it is supposed to increase. Before crypto currencies existed, people were restricted from gambling because of various laws and stuffs. But, after crypto currencies started to pop out, crypto casinos also began to develop. It has now become easier for people to gamble online because they no longer have to go through those formal procedures (like know you customer form and other verification) to gamble on those crypto casino. They can now gamble from their home without exposing their identity on those casinos. In other words, ease of gambling because of crypto currencies has caused the rise of online gambling.
full member
Activity: 1060
Merit: 103
www.Artemis.co
We used different deposit methods and there was a lot of fees in the past. What is the link between crypto moneys use and online gambling?

Gambling has become one of the primary use of crypto currencies. Now people don't have to go to casinos, provide their personal identity or risk their lives to gamble. They can just sit infront of their computer, make an anonymous id, gamble on any sports or boards they like, buy any tickets or any numbers of.
Gambling has surely increased buying of crypto currencies.
legendary
Activity: 2450
Merit: 1047
We used different deposit methods and there was a lot of fees in the past. What is the link between crypto moneys use and online gambling?

It helps people to be anonymous while playing, we have a lot of gambling sites now dedicated to cryptocurrency, and old gambling sites that are now using cryptocurrency, because of anonymity and all transactions are recorded in the blockchain, advantageous to both gamblers and operators
full member
Activity: 1218
Merit: 112
I believe online gambling has increased manifold with crypto money and it has been a lot easier gambling with crypto, as you can deposit funds easily with cryptos, you have got lots of options.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Yes, they have worked very well and credit should belongs to them.
As the popularity of crypto gambling increases, you can't remove that fact that demand for gambling increases too.
The demand for gambling was always there. People are trying to use their luck to get money since time immemorial. Whether it was just betting over a neighborhood rooster fight to high end horse racing betting, there have been a good share of both the poor and the rich people gambling. Only thing that changed is the mode of playing. Physical become online and payments became digital.

Now crypto is being used to pay for these bets and soon people will be able to accept bitcoin for more purposes as it gains popularity. However the only issue that remains is the trust of the player for the bookie.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
I think yes, as far as I know online gambling users for crypto continue to increase because they think this is another way to invest even though I don't feel it. Many of my friends are not gamblers but because of crypto gambling, they are slowly putting their interest in this industry. That way, I'm sure there are also many things out there similar to what I experienced in this small scope and that's another reason why the industry continues to grow.
Same here. I believe that with the arrival and induction of crypto in gambling, the gambling activity has increased a lot. Initially people who would not gamble due to fear of getting their identities disclosed not gamble using crypto which keeps you under the mask. In addition, the rise in the market value of crypto people use to gamble with motivates many people to gamble more and take their chance to multiply their money.
Other reasons might be they are from the country where gambling activities were completely prohibited.Not only the identity matters,the convenience on the crypto gambling site made the many people to enter into gambling sites for various reasons.
The more option open to a gambler, the more he makes use of the options to optimize his loss and wins. The scale of gambling has of course increased due to the arrival of such an immense number of coins in the market. If you have Bitcoin, you can gamble with Bitcoin. If you have ETH, go with it to gamble and if you have Doge coin, you are very likely to find it very easy to gamble with it so yeah, its good to have huge number of options available.
hero member
Activity: 3024
Merit: 680
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Other reasons might be they are from the country where gambling activities were completely prohibited.Not only the identity matters,the convenience on the crypto gambling site made the many people to enter into gambling sites for various reasons.
But if their government finds out that they are involved, they might suffer the consequence.

I've read people admitting that even they are aware of their local gov't laws about gambling but they still continue although being aware of the possible sanctions too. Overall of this, the demand increased and gambling industry helped to make it happen.
At least they know about the risks. Btw, crypto and gambling can be considered as a good complement. Gambling has given a real role to the existence of crypto currencies together with the other platforms, whether it is big or small. And there are many crypto's gambling sites that already operate for long time which give us a proof that crypto also impacted this industry.
If it's not for those people who started the industry and use of crypto on gambling, it won't grow this much.

Just look on how good and fantastic the competition for crypto casino's now. It's all due to the good demand that those pioneers made and they've contributed very well on it.
I agree to that, the reputations that was built by those who started the acceptance of cryptocurrency inside this business allowed the demands and the success of adopting this currency, if they failed to integrate the system or if they failed to facilitate well, ambling embracement will not be as successful like this, credit to those pioneers and still keeping the business well taken cared.
Yes, they have worked very well and credit should belongs to them.

As the popularity of crypto gambling increases, you can't remove that fact that demand for gambling increases too.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
In my own opinion, I don't think that online gambling has an affect on increasing the price of cryptocurrencies because it has no affect on the volumes. But it is much easier to make money and cryptocurrencies by playing in a online gambling because gambling is one of the easiest way to make profit. Recently, i have discovered a bitcoin casino which is very safe to play and it has a lot of famous casino games that you could actually play and enjoy like poker, baccarat, blackjack, roulette, and slots. The best thing about this site is it has great bonuses that you can receive.
Indeed, online gambling has no effect on making a price of the cryptocurrency, probably trading and investment are the one who big attributes on increasing price of crypto because of circulation in the marketplace. Playing in an online casino using cryptocurrencies as a bet would be interesting since it has anonymity features that will keep our transaction concealed. And just like you, I also used to play in the crypto casino called Vegascasino who use bitcoin as a bet and full of interesting prizes and even bonuses. Having a stunning feature that will make you eager to play.
Playing in online gambling or online casino don't really have any effect on the increase and decrease of the market, but i also think trading and investing in cryptocurrency are the ones who has the effect on the ups and down of the market. But by playing in a online gambling sites or online casino can help you to increase your bitcoin and cryptocurrencies by just playing casino games, that is why i always play in bitcoin casinos like vegas casino that i always given a chance to experience consecutive win and great bonuses.
What you've stated is purely the reason for the use of cryptocurrencies into gambling. The increase and decrease in the price or market is purely on the demand and the supply factor. Playing in any of the cryptocurrency casino will help with the circulation of the cryptocurrencies. I believe the usage into gambling will surely make small impact on the price, because in the earlier days bitcoin circulation took place only through gambling platforms which is the one took forward to gradual growth.
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