Did the use of online gambling increase with crypto moneys? - page 11.

Topaz72

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Quote from: ethereumhunter on June 08, 2018, 09:09:57 AM

Quote from: YTBitcoin on June 07, 2018, 06:49:42 PM

Quote from: Granxis on May 08, 2018, 05:39:02 PM

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?

The identity was the main issue on these sites before bitcoin. Now people can secure their privacy and they can gamble without showing their banking details. Now even the president of a country can also gamble and cannot be shown to any person even the owner of teh casino do not know that who is currently playing on their online casino.

I agree with you and now, with deposit using cryptocurrency, we don't have to fill any documents and we can play gambling in any places we want. besides that, we don't have to used fiat to makes a bet in gambling games and we can start with the free coins that available in the gambling sites. I think it will more safe for the gambler to use cryptocurrency than to use the money.

It seems as you are favoring bitocin for so many reason in gambling. I am in high favor of bitcoins but when considered in gambling, I am against those people who are saying like such. Why you people don’t understand the reality of gambling? Why you are just keeping your eyes shut when you see others getting ruined in their lives just because of this gambling? Don’t you learn lesson?

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Quote from: YTBitcoin on June 07, 2018, 06:49:42 PM

Quote from: Granxis on May 08, 2018, 05:39:02 PM

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?

The identity was the main issue on these sites before bitcoin. Now people can secure their privacy and they can gamble without showing their banking details. Now even the president of a country can also gamble and cannot be shown to any person even the owner of teh casino do not know that who is currently playing on their online casino.

I agree with you and now, with deposit using cryptocurrency, we don't have to fill any documents and we can play gambling in any places we want. besides that, we don't have to used fiat to makes a bet in gambling games and we can start with the free coins that available in the gambling sites. I think it will more safe for the gambler to use cryptocurrency than to use the money.

YTBitcoin

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Quote from: Granxis on May 08, 2018, 05:39:02 PM

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?

The identity was the main issue on these sites before bitcoin. Now people can secure their privacy and they can gamble without showing their banking details. Now even the president of a country can also gamble and cannot be shown to any person even the owner of teh casino do not know that who is currently playing on their online casino.

Colt22

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Quote from: Granxis on May 08, 2018, 05:39:02 PM

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?

I think yes with the coming of crypto currencies the users of online casino are increased because with the crypto currencies the users of online casino can deposit their money conveniently and with their banks cards they face many problems. When crypto came they felt convenience and also told their stories to other fellows and they also joined the party and that users increased.

KorakPawon

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if we feel and we search it turns out to be very influential when the users crypto more and crypto gambling is available then the capacity of gambling players increasing in each country the possibility of them trying to get more crypto by gambling from the mine or trade in the taste takes a long time .

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Quote from: doomloop on May 18, 2018, 12:54:50 PM

Quote from: Rinsend on May 17, 2018, 08:30:44 AM

if I look more deeply about this case, the answer is very clear 'yes' as with the users of crypto, gambling house began to improve its quality premises opened crypto-based gambling, this tetu become one of the main attraction of the users of crypto so that the higher level of online gambling

I am inclined to agree with you my friend and if I have to be honest, it is pretty obvious too of gambling sites accepting digital currencies as this will give them more benefit than usual. If a gambler has the chance to earn bitcoin or any other potential coin and he can do this by sitting on his comfortable couch while eating popcorns or drinking coffee, definitely he won’t bother travelling far to a land based casino. Crypto currencies has provided gamblers new and better way but if don’t recommend this at all.

but I suggest that we occasionally go to land-based casinos. because we also need to meet face to face with the gamblers. especially for poker gamblers. because it is very much in need. when we meet face to face we can get player expression and it can train us to be a pro gambler

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Quote from: 7788bitcoin on June 06, 2018, 08:11:51 PM

The main advantage of crypto based gambling is that many countries have banned the deposit of money to online gambling sites and this will open up the market from those restriction but the sites in this space have more limit than the fiat based sites which makes it less attractive, we need more competition in this market.

If gambling has been declared illegal in any country then people of that country should refrain for gambling at all and find some other method to spend their time online or offline. Playing with crypto to appease their gambling appetite is going to land then in trouble once they get caught by authorities. But then again most authorities dont care about crypto related stuff.

There is already a large competition in the crypto gambling scene. I dont think we need more.

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Quote from: Granxis on May 08, 2018, 05:39:02 PM

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?

The main advantage of crypto based gambling is that many countries have banned the deposit of money to online gambling sites and this will open up the market from those restriction but the sites in this space have more limit than the fiat based sites which makes it less attractive, we need more competition in this market.

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Quote from: AK47- on May 30, 2018, 02:52:30 AM

Yes I strongly feel so just like the rest of us. Now I see so many kids being involved in gambling. If you head over to the Loan section, you will see so many people take loan just to gamble and then they pay it back after recovering their money. In one of the telegram groups I saw people begging for money to gamble. So it obviously has left a bad impact on those little kids but nevertheless adoption has increased and the number of users gambling online has surged.

In fact, it seems that the craziness that cryptocurrency has brought into gambling has increased over the years that online cryptocurrency gambling platforms started.

Now, it is easy for anyone, no matter their age to easily access any gambling platform, do their thing without being tracked and get paid without any issue and this has made this industry to boom as we see even the previous ones now trying to tap into it, as we keep getting to see some ICOs related to that effect lately. I am sure it has increased the number of gamblers hugely.

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Quote from: dams87 on May 30, 2018, 02:52:10 AM

rapid technological developments as well as gambling, not only put real money but now also use digital or crypto money, so there will be no limit in the world of gambling.

No limit at all and this makes it easy for people to easily try out that part of them to gamble now that everything can easily be done online without any attachment to banks, one way or the other and I believe this has really made a lot of old gamblers and new gamblers to find a home on the online cryptocurrency casinos due to the anonymity.

Asides that, looking at the way this forum is, and the way a lot of reasons newbies are gambling, it is obvious there is a lot of greed in the atmosphere which makes it easy for people to just fall in, thinking they are going to be making shit load of money from gambling, not knowing it could be the other way round.

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Quote from: Bitcotalk on May 21, 2018, 07:11:42 AM

Quote from: quality.crypto on May 18, 2018, 12:24:37 AM

Quote from: joebrook on May 17, 2018, 11:22:43 AM

Quote from: Devawnm367 on May 17, 2018, 07:58:18 AM

I personally believe so as a lot of people own bitcoin just to be able to gamble with it, it can also not be traced to you so if you hot big no taxes!!!

It's been far easier to gamble online ever since cryptos came into the system and because of that those who previously barely gambled are now gambling a whole lot because they have easy accessibility.

Before crypto, there is only one option that i.e through fiat money we can gamble, now it is comfortable for everyone because we have multiple options for gambling through cryptos. Gambler finds very convenient to use multiple cryptocurrencies for gambling.

I am really shocked to see here people talking about gambling, first this is bigger crime and a foolish game that is just to lose your money for someone else. And secondly, the biggest one is they are thinking to play with crypto. OMG, really are they out of their minds? Crypto are so important and crucial in this era. They are so hard to buy and here these fools want to lose them so easily?

Of course the use of bitcoin and other crypto increased online gambling because the payment is easy and there in no tension of robbery and looting. The most important thing in online gambling is trust because if you win bet and the site didn’t pay you, you can do nothing and you cannot claim this money elsewhere.so it is necessary to build trust.

Betwrong

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I stand with Ukraine.

It's hard to say how things have changed in the USA since only three states allow online gambling there, but in the world overall the use of online gambling is definitely increasing. The size of the online gambling market was around 20 billion USD in 2009, is around 50 billion USD now, and is going to be around 60 billion USD in 2020.

Source: https://www.statista.com/statistics/270728/market-volume-of-online-gaming-worldwide/

And, according to BusinessWire, Global Online Gambling Market is estimated to reach USD 81.71 billion by 2022.

Imo the correlation between appearance of crypto money and increasing of online gambling is obvious, but, on the other hand, there might be other factors like increase in using mobile devices and the Internet in general.

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Quote from: dams87 on May 30, 2018, 02:52:10 AM

rapid technological developments as well as gambling, not only put real money but now also use digital or crypto money, so there will be no limit in the world of gambling.

People like the anonymity that crypto provides. Again bitcoin is actually pseudo-anonymous but still people are happy to use it on gambling. Because addicts dont want others to find out about their bad habits because of fear of suffering the guilt they simply resort to crypto to help them. On the other hand casino owners saw this as a good opportunity to monetize the market and thus it became very popular in the crypto world.

Quote from: Your Point Is Invalid on May 26, 2018, 07:53:46 AM

Crypto is the only reason I got into gambling, I didn't do any gambling before but a few weeks after knowing bitcoin and earning some, I was a regular over at primedice and luckybit. I think the reason for this is that gambling with crypto is fully anonymous and I was underage which makes for a great pair.

You should not gamble at underage. Lear to be responsible for your actions.

AK47-

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Yes I strongly feel so just like the rest of us. Now I see so many kids being involved in gambling. If you head over to the Loan section, you will see so many people take loan just to gamble and then they pay it back after recovering their money. In one of the telegram groups I saw people begging for money to gamble. So it obviously has left a bad impact on those little kids but nevertheless adoption has increased and the number of users gambling online has surged.

dams87

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rapid technological developments as well as gambling, not only put real money but now also use digital or crypto money, so there will be no limit in the world of gambling.

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Quote from: iram1011 on May 30, 2018, 12:09:56 AM

I think online gambling was still pretty alive with sites like bet365 and cryptos do not really have a role in it. But, there is one thing that has definitely changed and that thing is the willingness of people to invest more money. With cryptos, people had a lot of surplus money in hand which they were willing to gamble. This, in return became profitable for all the gambling websites which started accepting crytos and hence more revenues for them.
So in a way cryptos actually brought huge revenues to this industry by giving more disposable income to people.

And also the online crypto gambling brings more new gamblers into the society because crypto gambling is pretty much easier and no personal information is needed so we can play and win anonymously.But the problem is that most of the people just looking to make money by doing gambling so they are losing main purpose of gambling that is called entertainment.

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I think online gambling was still pretty alive with sites like bet365 and cryptos do not really have a role in it. But, there is one thing that has definitely changed and that thing is the willingness of people to invest more money. With cryptos, people had a lot of surplus money in hand which they were willing to gamble. This, in return became profitable for all the gambling websites which started accepting crytos and hence more revenues for them.
So in a way cryptos actually brought huge revenues to this industry by giving more disposable income to people.

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Quote from: BitcoinCommodor on May 26, 2018, 04:44:00 AM

Quote from: Gintama214 on May 23, 2018, 11:48:13 AM

Quote from: Granxis on May 08, 2018, 05:39:02 PM

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?

Mostly there are no links between online gambling and the increase of cryptocurrency, online gambling is only accepting the cryptocurrency as a money for the person to play and win but then they don't regulate the currency itself. The fees they take is for them, it is just like a tax but not for the government but for the company that is holding your currency but then it is not bad because there is no tax and the government can't touch them because they are not the ones who are regulating the cryptoworld.

Online gambling is just another way of gambling and that it is the modern form in which you can gamble while even sitting in your room. This removes the need of visiting the casinos personally and that there is no such thing which is common in between the crypto currencies and that of the gambling. I don’t think so that gambling can have any kind of effect on your crypto coins and that it has nothing to do with it.

Whatever it is, whether it saves some effort from a person to go in casino and then gamble, he is just playing it online. Still, this all is for the loss of humanity. We consider this online gambling as good thing only when it becomes profitable for others as well, which is totally negative. The thing is, base is all about loss and corruption of emotions and relationships so why to go for this option.

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Quote from: St4yInTh3D4rk on May 21, 2018, 08:13:36 AM

Online gambling is now pretty much easier and there is no restrictions at all to play in any crypto sites but playing with fiat on gambling sites needs our personal details and most of the people were not comfortable with that,but now anyone can be a gambler if he has internet connection and some crypto currencies.

Yeah due to easy payments methods the use of online gambling increased. Now many people don’t visit regular casinos and spend most of their time in online casinos. Just one click can transfer money from one place to other. Due to this ease and relaxation online gambling is increasing day by day. Although gambling is not good but addictor feel better in online gambling.

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Quote from: Your Point Is Invalid on May 26, 2018, 07:53:46 AM

Crypto is the only reason I got into gambling, I didn't do any gambling before but a few weeks after knowing bitcoin and earning some, I was a regular over at primedice and luckybit. I think the reason for this is that gambling with crypto is fully anonymous and I was underage which makes for a great pair.

I guess there are a lot people who come back to gambling after the emerge of crypto moneys especially for those who came from a country where gambling is marked as illegal. And recently the number of online gambling that accepts crypto money has been increased too, which means crypto gives a big role to gambling business.

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