Topic: Did the use of online gambling increase with crypto moneys? - page 8. (Read 22727 times)

Gambling is one of the best way to earn money today. Not just real money but ofcourse cryto money too. Many people nowadays are into gambling because they believe in the fact that they will earn good there. Gambling online can now be describe as a vast or has a wide community because of the possibility that many people are into it today. Crypto today is also a part of online gambling because most of the online gambling sites today accepts crypto as one of their currency.

Just like me when I was playing one time in online gambling. All I see is gambling site that are using dollars in gambling and then I played but I didn't actually enjoyed. And then when my friend told me this crypto thing I find some sites on my own that where can I use it. I landed on vegascasino.io where offers a lot of different and enjoying games online. They also provide the best game and has a fair game play that will surely enjoyed by their player. And they also accepts bitcoin as a currency in their site. In order for thie players to have a less hassle transactions to avoid delays and other casualties.  You use crypto and you will earn crypto and sometimes bonus will also there.

I think someone uses crypto to play gambling online because crypto is decentralized so no third party can manage it. So the transaction is anonymous so that it is not known by anyone, especially in countries that ban bitcoin, this is very useful. Especially if gambling with bitcoin to withdraw is very easy so this also makes it easy to start gambling.

I think online gambling has increased with appearance of cryptocurrencies, but not significantly. For example, in 2016 the volume of online gambling was $45.86 billion (source: https://news.bitcoin.com/bitcoin-gamblers-wagered-4-5-billion-btc-2014/), while the same article states that  roughly $4.5 billion worth of BTC has been wagered during 3 years prior to the date of posting. This means that crytpo gambling amounts to less than 5% of of the overall online gambling.

Well, ever since the crypto currencies was made there are a lot of funtions that it can be used to and that really favors a lot of online gamblers because of its anonimity. And with a lot of gambling sites now accepting crypto currencies, a lot of gamblers use these to gamble. And yes, with the availability of cryptos on gambling sites, online gambling became more popular.

Because of this incovenience, lots of gambler are now studying how to gamble especially when cryptocurrency are made. Its increasing, crypto gamblers are continue to grow and this will become more big in the future. I still prefer to gamble in casinos, because I can personally see the excitement around me and still a lot of people that makes your gambling experience a more enjoyable. Cryptocurrency helps the gambling industry to become bigger and make new ways to gamble.

I don't use online gambling to increase my crypto amount, but I know some of my friends do this. They play dice games, and I think they are a very good gambler because when I see they played, they can control the emotion and they know how to place the bets. It's like they can predict what will happen in the next, but after I asked, they only say it just coincidence and nothing related to anything. But I don't believe it because they can get a nice winning in the next 3 hours later. Maybe they just luck so they can win the dice game.

Online gambling is easy and less travel time unlike in casino house we need to spent time to travel, we we look the at past is more people switch turning to adopt online gambling.
And as many answer about high fees transaction is that a normal and collecting transaction fes are depends on the amount you create transaction base on the percentage.

Yes, and it continue to increase despite of the market condition. Many new gambling site but of course it is not trusted yet, it still better to gamble with the trusted gambling sites for years now. The volume of gambler has also increased because of so many options in this market and for sure it will continue to grow as the market grows again.

Even 1-2 years ago, most casinos were only bitcoin based, well some of them still had ethereum, litecoin and dogecoin because they were popular too but only some casino had that option which wasn't even visible to be fair. Now every casino tries to offer you wide choice of coins, not only those four very popular coin but a lot of like ripple, ethereum classic, dash, monero and so on. This means number of plays who use cryptocurrency has increased a lot and that number doesn't come from only bitcoin.

definitely a strong bond, 1st crypto is tougher to trace which suits pro gamblers, 2nd many betting platforms allow anonymous bets (no need to prove identity or link credit cards/bank account). Also some crypto betting platforms offer higher odds for numerous sport events.

I personally have my own reasons why online crypto gambling is increasing and more popular, it is also evident from some gambling players that I know they are switch to crypto gambling because in my view, online gambling with fiat is still insecure especially those in their countries prohibit gambling. So with the ban, online gambling using cryptocurrency in my opinion would be safer and would certainly make players comfortable until online gambling with crypto continues to increase.

I do think that the revolution of cryptogambling sites made changes in online gambling industry. Unlike before, where traditional digital currencies are being used where transaction fees are high and also delayed cases, many people do know prefer blockchain and crypto based gambling sites simply because such online gambling sites are more convenient in terms of transactions (cheaper yet faster).  In the case of blockchain technology, it protects the anonymity of an individual which for the gamblers is an advantage especially to those where restrictions are present.

What proves this is the vast increase in the number of gambling sites at this moment which are mostly Bitcoin based or crypto based such as in vegascasino.io wherein Bitcoin is the mode of payment in every transaction. Maybe, what links cryptocurrency and online gambling is the involvement of profit and money. Cryptogambling seems to be the face or the new generation of online gambling industry. Many people do now prefer gambling sites which are using cryptos as the mode of payment.

Despite of the issues being faced by cryptocurrency particularly with the legalization, cryptos being used in online activities do simply proves how useful cryptos are to the people. Once cryptos are being used to most of the countries, it might dominate the online gambling industry. And might probably be more used in online activities not only in online gambling. What do you think?

 The main reason why most gambling sites are now using cryptos is because cryptos are now becoming popular  . other gambling sites are also using cryptos just before they get disovered and become succesful   , thats why many sites are now following the trend .

not just online gambling but any services and business online can be a help in order to boost the crypto money but even though many site are now using cryptos , i dont think that this enough  because the value of cryptos are not yet increasing .  we still need more adopters so that more crypto money can flow

OP, When we look at the global gaming industry as a whole, it’s no surprise that the online gaming industry has seen such huge growth. By the end of 2017, the global gaming industry hit a record breaking $107bn, which is more than we spent on film and music for the year combined. 

The main reason for gaming’s huge increase in popularity is down to huge technology advancements in the last decade. It seems pretty straightforward, but the better the technology gets, the better the gaming experience gets. One huge factor to online gaming’s increase in popularity is the monumental advancements in mobile technology. As the technology improves, connectivity and accessibility also improve. This allows more players to take part in remote gambling from anywhere in the world, providing they have signal. 

Gaming has very successfully made the migration from console to mobile in recent years, with mobile gaming becoming the fastest growing platform in the industry, making up nearly 45% of the global gaming market, which sat at a cool $47.5bn by the end of 2017. This is a huge increase of 20% in the previous year. If you think that the average person spends up to 40 hours a week on their mobile device, it is much easier for developers and remote gambling brands to market and attract attention from new players through a mobile device. Online gambling used to be perceived as a desktop-only way of gambling. However, developers are now creating mobile-only applications as we switch to a more mobile-focused world of online gaming.

As mobile gambling becomes more and more popular, the saturation of the online gambling market also helps improve the industry. Essentially, as more and more people join the industry, we see player pools increase and payout rates improve. Another huge contributing factor is that you are now able to place a wager on more or less anything. Whether you’re a football fan, a royal family enthusiast or just really into politics, you can place a wager on practically any outcome in popular culture. It is no longer just sports fans who are taking part in online gambling with the premise of winning money while still following a genuine personal interest. Non-remote gambling sectors simply can’t offer this level of variety or convenience. 

Another really important factor to consider is the increase in female online gamblers in recent years. Back in 2015, the female gambling population accounted for just shy of 50% of users in the UK. Many studies have shown that women not only prefer to gamble in private, but they also prefer a mobile device. So, they can play comfortably, confidently and feel they are less likely to be intimidated by male players. Some huge gambling brands have even created female orientated platforms to help drive this continuously emerging market.  So I expect online casino similar to my favorite casino, VegasCasino.io will start mushrooming all over the internet.

I think online gambling really increased with cryptocurrencies market.  I see that many successful gambling sites are now using bitcoin and altcoins for gambling and we now have many related cryptocurrencies gambling sites like the one I am wearing the signature and bitsller,  bustabit and so many of them.

I think so. I mean there are some overlaps for sure, some people who gambled with regular fiat currency also started to move to crypto currency to gamble, that is for sure however I think people like me who never gambled with fiat currency in their life also started to gamble thanks to bitcoin (because of bitcoin? ) Hence I think even tho there is an overlap between the two types, the number increased considerably because of people like me.

Not sure the number is too big to actually make a dent in casino business because they are making billions of dollars each year but places like primedice has been around forever and have been making a bank without any brick and mortar place, just a website.

First comes morals before technology. Of course gambling can lead to a person becoming poor and in debt but that was their choice to gamble. Nobody forces others to gamble. If you fall into a temptation to make a mistake then you are the one to blame not the casino. In another sense it is a business method for the casino owners. They run a good business from it and also the investors of the casino and affiliate marketers.

Those who dont get themselves addicted to gambling are well to do. If you are cunning enough to be one of them then you are a diplomatic winner different from the rest of the general population.

Of course in every case there are positive and negative sides. Although cryptocurrencies make gambling easier to do, the possibility of becoming an addict, even from home, will be more widely open.

There was a time when technology wasn’t that much suppressive. And see it now, even people are running themselves just because of this gambling thing. They want to kill themselves financially and emotionally but just they got blind of the worst greed, they aren’t seeing anything. Online gambling is also a worst part of this technological evolution. May things get good?

Some gambling sites do require you to do a KYC before withdrawal of a huge amount. But this is rare and most of the times there is some sort of discrepancy involved or the person may have used fraudulent ways to get the money.

This statement is spoken too much without proof. Online gambling is still majorly owned by the fiat casinos and not crypto casinos. You should try to find proper sources to refute my point.

Even fiat casinos provide many benefits to the player.