Pages:
Author

Topic: Did the use of online gambling increase with crypto moneys? - page 4. (Read 22786 times)

legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
Totally, in my country as a university student I played a lot in casinos, then these games declared them illegal, apart from me there was a large population of people who went every day to bet their money without qualms.
After the arrival of the platforms, many play online, change their money to Bitcoin and enter to have fun, the only thing is that it is no longer with the meals or drinks that were distributed at that time, but some do it from the comfort of home .
hero member
Activity: 3038
Merit: 634
I think it does ,
I think due to crypto gambling we attracted some gamblers to play and earn in crypto,
It certainly does, the use of crypto's with online casino's increased the demand for cryptocurrencies. And you can see on how many crypto casino's are there today operating. That's a hint that the demand for it is high and they keep on coming.

But it doesn't mean for a casino to become successful if they will simply accept crypto on their platform. Getting traffic is still hard for one business and it's up on them on how they will do that.

To be honest I also have some friends who started earning in crypto just to play in some gambling sites.
Your friends I think are gamblers from the very start and knows that there's no urgency for their information required to start gambling online unlike the usual casino.
full member
Activity: 1498
Merit: 146
I think it does ,
I think due to crypto gambling we attracted some gamblers to play and earn in crypto,
To be honest I also have some friends who started earning in crypto just to play in some gambling sites.
Gambling not a way of earning money so if you care about your friend make them understand what is gambling but yes the activity increases lot by online crypto gambling due to low bet amounts,no registration and anonimity.
sr. member
Activity: 1176
Merit: 301
I think it does ,
I think due to crypto gambling we attracted some gamblers to play and earn in crypto,
To be honest I also have some friends who started earning in crypto just to play in some gambling sites.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Online gambling that uses bitcoin or other altcoin can increase crypto value. Depend on how much they put in money from that online gambling site, because that online gambling site who owns is also using or buying coins in the market.

We can expect that online gambling will increase in the future and will be popular among the gamblers. Besides that, with the online gambling, people will know that they can easily to playing gambling, and they don't have to deposit the fiat to the site, and they only need to buy crypto and send it into their account. We should realize that online crypto gambling gives a place to introduce the crypto itself to the people and when people knows about crypto, soon they will learn more about the crypto.
I hope that very soon governments will also give full support to crypto currencies. I hope that it will be easier for the people to use crypto currencies for different purposes. I hope that crypto currencies will more easy and convenient for the people to use it for playing gambling online. I guess in near future gambler will never need to convert their local currencies into other crypto currencies but can use a single currency throughout the world..

I hope so, and we don't have to afraid of breaking the law in our country. We could use crypto freely, for playing gambling and for another thing like we used fiat.

It will happen soon, let the time answer that and we need to collect more and more from now on before it's too late. With crypto, I think we will see a new world with an easy way to make a transaction.
hero member
Activity: 798
Merit: 500
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 link that can obviously be seen between using crypto money for online gambling is the conveniency ofcourse. Because such methods of paying through cash or through credit cards iss a hassle right now but due to the existence of crypto money, you can now continuously play with enjoyment into online gambling sites because payment, deposits and withdrawals are now made easy by using crypto money for playing online gambling. The essence of using crypto money for online gambling is the reason why such gambling sites caters the acceptance or usage of crypto for transactions just like the online casino where I am up into that accepts Bitcoin for convenient deposits in which you can have a bonus welcoming reward once you have done your first deposit on it.

The same thing what runs into my mind. Since online gambling sites uses crypto money for convenient money deposits so that players can enjoy playing into their sites with no hassle, therefore, it is a yes that online gambling increases with crypto moneys since both applies conveniency toward the usage of the player. Now I get into curiosity about that online casino you were talking about that gives welcome bonus for doing first deposit on it.

I am sure you want to know more about it. You can have a check on this online casino by doing a quick visit and check it for yourself.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
This has given the possibility to gamble even to countries where the goverment is repressive about gambling.

That's very true, i watch a documentary once on how crypto gambling is breaking barrier in Africa country like kanye and uganda the youths can now gamble freely wthout the fear of getting arrested or traced. The blockchain technology in collaboration with cryptocurrency makes everything it get applied on looks more attractive, easier and dencentralized, gambling is benefiting from that.
No doubt crypto currencies have increased the use of online gambling, people now can play gambling without visiting a casino but can play it from their homes, even in such countries where all formats of gambling are consider as illegal even there people can play gambling very safely and without being trace by law and forces agencies. The use of crypto currencies no doubt increase the gambling activities especially in young people.

Crypto currencies  have changed many things and gambling is most influenced by it.  Now people can play gambling at the comfort of the home because of bitcoins. Also it is now possible to by pass any restrictions on gambling whether it be age or illegal, it can still be played with bitcoins, as bitcoins is anonymous and can't be traced.
member
Activity: 126
Merit: 10
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 link that can obviously be seen between using crypto money for online gambling is the conveniency ofcourse. Because such methods of paying through cash or through credit cards iss a hassle right now but due to the existence of crypto money, you can now continuously play with enjoyment into online gambling sites because payment, deposits and withdrawals are now made easy by using crypto money for playing online gambling. The essence of using crypto money for online gambling is the reason why such gambling sites caters the acceptance or usage of crypto for transactions just like the online casino where I am up into that accepts Bitcoin for convenient deposits in which you can have a bonus welcoming reward once you have done your first deposit on it.

The same thing what runs into my mind. Since online gambling sites uses crypto money for convenient money deposits so that players can enjoy playing into their sites with no hassle, therefore, it is a yes that online gambling increases with crypto moneys since both applies conveniency toward the usage of the player. Now I get into curiosity about that online casino you were talking about that gives welcome bonus for doing first deposit on it.
hero member
Activity: 798
Merit: 500
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 link that can obviously be seen between using crypto money for online gambling is the conveniency ofcourse. Because such methods of paying through cash or through credit cards iss a hassle right now but due to the existence of crypto money, you can now continuously play with enjoyment into online gambling sites because payment, deposits and withdrawals are now made easy by using crypto money for playing online gambling. The essence of using crypto money for online gambling is the reason why such gambling sites caters the acceptance or usage of crypto for transactions just like the online casino where I am up into that accepts Bitcoin for convenient deposits in which you can have a bonus welcoming reward once you have done your first deposit on it.
full member
Activity: 2086
Merit: 193
Quote
The use of crypto currencies no doubt increase the gambling activities especially in young people.
As long as they are responsible adults it wont matter. Wink
That's true, since they can easily gamble online without giving their true information. Cryptocurrency just make online gambling more convenient though it is not accurate to say that this is the reason why gamblers increase their interest to play online. Young gambler might be in high risk since its too hard for them to control their emotion, they have to be responsible on that.
copper member
Activity: 47
Merit: 0
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 ability to gamble with a sense of anonymity, that was once not really possible, the security, quickness and overall convenience of depositing with cryptos are just some of the many factors that have helped in the growth of popularity of online gambling. Also, just the accessibility of it is a huge factor of its rise. When a bet is just a click of a button away, it's tough to resist the temptation.
hero member
Activity: 1078
Merit: 501
Online gambling has increased the number of crypto gamblers. Even those gamblers that didn't aware of crypto has to adopt it willingly so they can enjoy the perks of crypto gambling like...
  • low fees
  • quick transfers


Yes i think both gambling and crypto has helped each other grow more. At one side you can say that gamblers came to know about crypto but on the same time its the crypto users who started gambling after they had to gather digital money.

For some gamblers, crypto and online gambling are ideal partners. Both can be complementary and mutually beneficial. Online gambling with cryptocurrencies will certainly give a big role in the continuity of crypto itself and cryptocurrencies provide convenience in many things to the gambling industry.
In some way, there's an impact in crypto when we play online gambling. Online gambling with crypto is really a good match, it has a very convenient way to bet using bitcoin. I am not an addicted player of gambling but I am a player but I know when to play or not. So, as a player of gambling I also have some part of increasing of crypto moneys.  Grin
legendary
Activity: 2100
Merit: 1058
Online gambling that uses bitcoin or other altcoin can increase crypto value. Depend on how much they put in money from that online gambling site, because that online gambling site who owns is also using or buying coins in the market.

We can expect that online gambling will increase in the future and will be popular among the gamblers. Besides that, with the online gambling, people will know that they can easily to playing gambling, and they don't have to deposit the fiat to the site, and they only need to buy crypto and send it into their account. We should realize that online crypto gambling gives a place to introduce the crypto itself to the people and when people knows about crypto, soon they will learn more about the crypto.
I hope that very soon governments will also give full support to crypto currencies. I hope that it will be easier for the people to use crypto currencies for different purposes. I hope that crypto currencies will more easy and convenient for the people to use it for playing gambling online. I guess in near future gambler will never need to convert their local currencies into other crypto currencies but can use a single currency throughout the world..
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
No doubt crypto currencies have increased the use of online gambling, people now can play gambling without visiting a casino but can play it from their homes, even in such countries where all formats of gambling are consider as illegal even there people can play gambling very safely and without being trace by law and forces agencies. 
There is a bad side to this as well. Scammers often set up sites for people to play and lure them into depositing there. Of course if you are a veteran in the crypto space you would be knowing this forum and would like to do some research before you deposit money anywhere. But for those coke addicts who are in it for the adrenaline rush just giving them a link to play with their money would make them join it and waste money there because they would not care to check it at first.

Quote
The use of crypto currencies no doubt increase the gambling activities especially in young people.
As long as they are responsible adults it wont matter. Wink
hero member
Activity: 998
Merit: 504
This has given the possibility to gamble even to countries where the goverment is repressive about gambling.

That's very true, i watch a documentary once on how crypto gambling is breaking barrier in Africa country like kanye and uganda the youths can now gamble freely wthout the fear of getting arrested or traced. The blockchain technology in collaboration with cryptocurrency makes everything it get applied on looks more attractive, easier and dencentralized, gambling is benefiting from that.
No doubt crypto currencies have increased the use of online gambling, people now can play gambling without visiting a casino but can play it from their homes, even in such countries where all formats of gambling are consider as illegal even there people can play gambling very safely and without being trace by law and forces agencies. The use of crypto currencies no doubt increase the gambling activities especially in young people.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Online gambling that uses bitcoin or other altcoin can increase crypto value. Depend on how much they put in money from that online gambling site, because that online gambling site who owns is also using or buying coins in the market.

We can expect that online gambling will increase in the future and will be popular among the gamblers. Besides that, with the online gambling, people will know that they can easily to playing gambling, and they don't have to deposit the fiat to the site, and they only need to buy crypto and send it into their account. We should realize that online crypto gambling gives a place to introduce the crypto itself to the people and when people knows about crypto, soon they will learn more about the crypto.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
Gambling has indeed increased with the use of crypto money because crypto breaks down barriers and boundaries, no one knows your real name when using crypto, they only know your deposit address which is only numbers and letters.

This has given the possibility to gamble even to countries where the goverment is repressive about gambling.
It's one of the greatest feature that cryptocurrency has offered to the people. In terms of gambling, yes those are the benefits that one can enjoy if he/she will start to use crypto as currency deposit in online crypto casino's. The demand has increased for a very short of time and it only means to say that it's becoming popular and people are using it because everyone liked it. And for the next few years, it will retain as one of the biggest market share for crypto's.
STT
legendary
Activity: 4102
Merit: 1454
Quote
This has given the possibility to gamble even to countries where the goverment is repressive about gambling.

The biggest trend in recent years for gambling was not crypto, but it was online.    The largest increase in common use of gambling type business was via gaming and it was largely done without crypto.   Steam at one point did accept Bitcoin but its mostly to do with the use of in game digital items, these are quite simply very similar to the chips in a casino.   In theory crypto should be the bigger monetary type token used for gambling but its actually been in game items that have become monetised and are part of a gambling type win/loss game for many otherwise uninvolved public members, quite a few are children.   The EU has started to look into regulating participation
legendary
Activity: 2408
Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
This has given the possibility to gamble even to countries where the goverment is repressive about gambling.

That's very true, i watch a documentary once on how crypto gambling is breaking barrier in Africa country like kanye and uganda the youths can now gamble freely wthout the fear of getting arrested or traced. The blockchain technology in collaboration with cryptocurrency makes everything it get applied on looks more attractive, easier and dencentralized, gambling is benefiting from that.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
Gambling has indeed increased with the use of crypto money because crypto breaks down barriers and boundaries, no one knows your real name when using crypto, they only know your deposit address which is only numbers and letters.

This has given the possibility to gamble even to countries where the goverment is repressive about gambling.
Pages:
Jump to: