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Topic: Did the use of online gambling increase with crypto moneys? - page 12. (Read 22774 times)

hero member
Activity: 3038
Merit: 634
Crypto is the only reason I got into gambling
I'm in gambling already since before the crypto emerges but this time, it's now different because every online casino made it easy for me to gamble.

If there's something that I want to reach and play with the favorite game that we loved to play together like poker, we can play it all along through casino but it was rare today.

Crypto casino did also introduced me to dice game which is I don't know that this type of game exist.
hero member
Activity: 756
Merit: 510
Dear me, I think I'm becoming a god
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.
full member
Activity: 504
Merit: 106
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.
legendary
Activity: 1316
Merit: 1011
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.
Yes if we play with fiat money while depositing they won't ask any details but when you try to withdraw your money they will ask you to submit your documents. small example Dream11 this is one type sports betting site.

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. 

It's not tax we call it it's a commission, i think no casino's will pay tax to governaments excpet fait accepting casinos.
sr. member
Activity: 462
Merit: 250
DONATION SENPAI PLEASE <3 <3
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. 
sr. member
Activity: 1638
Merit: 278
if more and more crypto users I think online gambling will be more and more also it can happen because there will be many ways people to get more crypto than trade.
But these users are totally heading toward a hilarious life. They don’t know the consequences of this damaged game that is nothing but to make our lives hell. People we need to understand that everything in gambling is just a problem and you need to get out of this problem box. Things are quite healthier in this world and we have to see them first. Get out of this stupid world as soon as possible.
As far as I know, any of the crypto currency has nothing to do with any of the gambling activity. It all depends on the ones who are having any of the crypto coin in their wallet like the way they treat any of those crypto coins. There are people who also gamble using their crypto coins but it has nothing to do with the reputation of the crypto currencies as they are not having any kind of direct involvement in it.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
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.
hero member
Activity: 966
Merit: 517
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?
member
Activity: 392
Merit: 39
Obviously, before crypto there was a large segment of online gaming too and I used to have to read a lot regulations to make sure I would be able to withdraw my founds from the particular casino or betting site. I think that nowaydays with crypto everything is just easier, of course regulations differ from site to site too, but anyway I think that crypto brings a lot of transparency.
legendary
Activity: 1442
Merit: 1025
With the variety of different cryptocurrencies to use it does make it difficult for someone who is already into online gambling to not go this way.
If they started with sites like bet365 and paddypower and charging their creditcards for wagering on sports games which is the easiest sort of gambling for someone who isn't use to placing bets they would see it even easier still to be able to use cryptos to make those same bets with.
Honestly, cryptocurrency brought an easier environment when it comes to making payments, no involvement of banks, staying anonymous and so on. This has made it easy for those who have been into online gambling and those who never tried it before to easily open an account and get going immediately.

I would say though, that the rate at which new gamblers are evolving everyday as a result of this based on what I read in an article recently is alarming. Still, this community is spreading awareness against the dangers of gambling. Only those you take time to care themselves may escape.
hero member
Activity: 2268
Merit: 789
If you browse the gambling section you'll notice the difference. No need to repeat the answers above me. Others prefer to gamble with crypto because of the growing value of these coins over time it's a win win situation if you win big. It's like gambling with an ingame item (csgo skins) where you can easily deposit and cashout whenever you want.
Of course gambling will increase because many sites provide the facility of payment in bitcoin. Many sites give the facility of gambling and people are gambling on these sites. The winning chances are very little and more chances of losing money. Gambling is gambling no matter online of offline. Earning money is not easy but losing is just in seconds.

Various distinctions can be inferred when you consider online gambling increasing with the number of cryptocurrencies in the market. First of all, online gambling became too convenient for users especially when cryptocurrencies became prominent in the market. Second, like what you mentioned, gambling using these cryptocurrencies will increase due to its volatility- making its price increasing overtime. Third, gambling online is relatively easier compared to attending into casinos. Lastly, online gambling has been the boon and the bane of every individual who are active in social media sites or forums.

if more and more crypto users I think online gambling will be more and more also it can happen because there will be many ways people to get more crypto than trade.

As it becomes easy to do gambling with the crypto money and easily available of the gambling sites make the more convenient for people to use and play gambling through crypto.
It not only about how easy it is and convenient it's more profitable also i mean if we earn out salary every month giving a part to our useless government is really annoying but in crypto gambling you can keep all the profit you earned without even showing it to your government or paying any tax on it

Having to pay for your monthly obligations using your salary has became every man's mandatory action monthly. They are required to finance their resources smartly and objectively in order to meet the demands and expectancy of the family. But when you compared it with the income you earn via investments or through cryptocurrencies, you consider those resources as the money that you are willing to lose. Due to this scenario, more individuals are inclined into gambling their coins rather than their monthly salary. With all said being done, you cannot deny the fact that gambling has adverse effects on an individual in the long-run.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
if more and more crypto users I think online gambling will be more and more also it can happen because there will be many ways people to get more crypto than trade.

As it becomes easy to do gambling with the crypto money and easily available of the gambling sites make the more convenient for people to use and play gambling through crypto.

you are right, with the easy way from the crypto and people trying to earn more coins, they will like to deposit using their coins without using their own money or fiat. and this will make the crypto more grow than before and thanks to the gambling for this easy way although gambling can make us lose our coins and it depends on the person. we have an option to use our coins and we need to remember this if we don't want to lose our coins in the gambling games.

I guess it really doesn't matter. If you are really into gambling and you suddenly discovered that you can play online without the hassle of verification, I'm sure that even if you don't have bitcoins, you will search as to how you can acquire and have them in order to play and take advantage of anonymity.

As for losing money in gambling, we are all aware of it and most have its own way to mitigate the risk and control the coins they are going to gamble.

maybe it will happen for people which too often playing gambling so he still uses his money to continue the games. but for people which playing gambling as a fun thing and for enjoy the games, then I think they don't want to use the real money to continue playing gambling and I think they only want to use their coins but if the coins are empty, then they can stop the games and leave the site. it all depends on that each person.
sr. member
Activity: 588
Merit: 256
gambling using crypto is much easier to deposit than using paper money, online gambling can increase as many who receive payments using cryptocurrency is the simpler thing that anyone can do from anywhere globally.
hero member
Activity: 812
Merit: 510
if more and more crypto users I think online gambling will be more and more also it can happen because there will be many ways people to get more crypto than trade.

As it becomes easy to do gambling with the crypto money and easily available of the gambling sites make the more convenient for people to use and play gambling through crypto.
It not only about how easy it is and convenient it's more profitable also i mean if we earn out salary every month giving a part to our useless government is really annoying but in crypto gambling you can keep all the profit you earned without even showing it to your government or paying any tax on it
hero member
Activity: 2842
Merit: 772
if more and more crypto users I think online gambling will be more and more also it can happen because there will be many ways people to get more crypto than trade.

As it becomes easy to do gambling with the crypto money and easily available of the gambling sites make the more convenient for people to use and play gambling through crypto.

you are right, with the easy way from the crypto and people trying to earn more coins, they will like to deposit using their coins without using their own money or fiat. and this will make the crypto more grow than before and thanks to the gambling for this easy way although gambling can make us lose our coins and it depends on the person. we have an option to use our coins and we need to remember this if we don't want to lose our coins in the gambling games.

I guess it really doesn't matter. If you are really into gambling and you suddenly discovered that you can play online without the hassle of verification, I'm sure that even if you don't have bitcoins, you will search as to how you can acquire and have them in order to play and take advantage of anonymity.

As for losing money in gambling, we are all aware of it and most have its own way to mitigate the risk and control the coins they are going to gamble.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
if more and more crypto users I think online gambling will be more and more also it can happen because there will be many ways people to get more crypto than trade.

As it becomes easy to do gambling with the crypto money and easily available of the gambling sites make the more convenient for people to use and play gambling through crypto.

you are right, with the easy way from the crypto and people trying to earn more coins, they will like to deposit using their coins without using their own money or fiat. and this will make the crypto more grow than before and thanks to the gambling for this easy way although gambling can make us lose our coins and it depends on the person. we have an option to use our coins and we need to remember this if we don't want to lose our coins in the gambling games.
sr. member
Activity: 1512
Merit: 316
if more and more crypto users I think online gambling will be more and more also it can happen because there will be many ways people to get more crypto than trade.

As it becomes easy to do gambling with the crypto money and easily available of the gambling sites make the more convenient for people to use and play gambling through crypto.
legendary
Activity: 2576
Merit: 1655
yes, with the ease of transactions, gamblers will be more comfortable to use crypto to gamble online.
O please don’t do this. Don’t just ruin your life with these precious things. Don’t you know how important are bitcoins and other cryptocurrencies just because of them the international market is totally changing and there would be a time coming when these crypto currencies would be considered as sign of power. So why to lose such diamond nature coins in gambling.

Oh please. Stop. You are in the gambling thread dude, please stop with your rhetorics here. Every gambler knows the risk and we are all willing to take that road.

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?

Obviously, online gambling suddenly exploded with crypto currency arrived. All you need is a internet connection and they you are all set to play. I have one bad experience of a fiat gambling before that's why I don't play any fiat operating sites and moved towards the crypto sites. Lots of advantage that most of the gamblers here are already know.
sr. member
Activity: 1638
Merit: 300
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!!!

I don't think so. A lot of people invest and buy digital currency especially Bitcoin in order to have a profit in the future when the price are having a great price increase, in short they are in it for the profit, an asset. Some of them are gambling because they are hoping that they might have a chance of increasing their Bitcoin but usually do not happen.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
Yeah, and for the record, virtually few people even know about fiat online gambling. A lot could have wanted to try it but making payments was not easy or the fear of not being tagged by their government.

Cryptocurrency on the other hand made easy transaction possible as long as you can gamble with any cryptocurrency available on the platform, and also make the gambler to stay unknown in the process which I believe has been most of the normal gambler dream whereas the new ones keep popping up to try out their own luck as well, hence making the space to increase hugely.

I think a LOT of people know about online gambling. IF you have a mobile phone and you have apps, almost all the ads must contain some kind of slot casino or some kind of gambling ad, I know because I have seen them for years, even using free work based apps.

But as you said, most of them eventually don't allow people from everywhere to make payments so most people believe it's impossible for them to ever play. I haven't seen much CRYPTO gambling ads on mobile though. That's something to think about.
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