Topic: Do You Think Existing Crypto Casinos Were Able to Churn Fiat Casinos User? (Read 428 times)
April 06, 2023, 04:54:32 PM
The bias is towards technology over bricks and mortar for a number of reasons. The circulation of currency in the world generally is growing faster, people arent stacking pennies on their bedside table so often any more. People want to use their cash and have use of it for their enjoyment and spending requirements so plain cash isnt as useful arguably as online digital currency of any kind. Of course I would argue always retain many types of currency, you have to pay the taxes and so on and usually thats traditional but leisure wise I do think the bias towards crypto is increasing.
April 06, 2023, 04:37:35 PM
And I really noticed during the pandemic, the presence of covid all over the world became the key to the popularity especially of online casinos during these times.
Especially when the pandemic season ended, online casinos suddenly became rampant. Whereas when there was no pandemic, the only casinos online that I saw were really only for crypto gambling, but now even on social media platforms you can see ads because of what some influencers are doing.
Especially when the pandemic season ended, online casinos suddenly became rampant. Whereas when there was no pandemic, the only casinos online that I saw were really only for crypto gambling, but now even on social media platforms you can see ads because of what some influencers are doing.
Lots of people have seen the value and convenience that online casino could provide. Even nongamblers have learned to gamble during the pandemic because users could access it easily since physical casinos have stopped during that time. However, even with the existence of crypto casinos, many still prefer fiat casinos especially those who still got no idea about how cryptocurrency works. They find it safest to gamble with fiat because of its stable value.
April 06, 2023, 04:18:36 PM
And I really noticed during the pandemic, the presence of covid all over the world became the key to the popularity especially of online casinos during these times.
Especially when the pandemic season ended, online casinos suddenly became rampant. Whereas when there was no pandemic, the only casinos online that I saw were really only for crypto gambling, but now even on social media platforms you can see ads because of what some influencers are doing.
Especially when the pandemic season ended, online casinos suddenly became rampant. Whereas when there was no pandemic, the only casinos online that I saw were really only for crypto gambling, but now even on social media platforms you can see ads because of what some influencers are doing.
April 06, 2023, 04:15:01 PM
Exactly, it will depend on each and everyone preferences. Some people who used to play in traditional ones are already playing in crypto or online casinos, because it is more convenient to them, some people still may not want to try because they are afraid that they might be hacked.If you are going to ask some people why they don't invest or gamble with crypto they will say because of the security and maybe their community might affect as well.
Traditional casinos were making use of fiat, but fiat can be used online too just like cryptocurrencies. If to be sincere, fiat casinos that are online too can be good, but the problem I see with them is just the delay in withdrawal, they have good services and excellent ways to attract customers too. As of today, fiat casinos that are online are more than crypto casinos, but I will prefer crypto casinos just because of the fast withdrawal that they have. April 06, 2023, 04:05:38 PM
^That is right and I agree with you, whether a player chooses to gamble at a fiat or crypto casino may depend on their individual preferences and priorities. Some players may prioritize privacy and security, while others may prefer a wider range of games or better bonuses. As both types of casinos continue to compete and improve, players will have more choices and opportunities to find the casino that best meets their needs. So I cannot decide which one of them because each of us has different likes and dislikes, even if a player chooses to gamble at a fiat or crypto casino may depend on a variety of factors, including their personal preferences, the reputation of the casino, and the availability of different games and features still we looking at.
Exactly, it will depend on each and everyone preferences. Some people who used to play in traditional ones are already playing in crypto or online casinos, because it is more convenient to them, some people still may not want to try because they are afraid that they might be hacked.If you are going to ask some people why they don't invest or gamble with crypto they will say because of the security and maybe their community might affect as well. 
April 06, 2023, 03:58:53 PM
They've done that online Cryptocurrency casinos are flourishing already and there's a massive gambler hopping from fiat to Crypto casinos its only a matter of time before the majority of casino players are on Crypto casinos, and features wise Crypto casinos are far better now, and as a gambler, you'd like to be in a casino where it can address and serve your needs like privacy concern.
I would say that it wont really be a total switch up considering that there are still people who would really be staying up and play on a fiat casino or physical places on which we could say that they do really serve out on different market because not all people would be jumping into online casino whether on fiat itself or with crypto.It is really just that there's a significant amount of popularity and attention on which crypto gambling
did able to commit out and this is why we could say that there is really that transferring but i would say that there would be still people who do prefer on staying on where they
had been get used to.
most old gen gamblers will stick to traditional casinos. but some younger gen, i believe, they will try to navigate the services of crypto online casinos. as they are not afraid to try new things, they will try to see what's in store for them to these crypto casinos. but some will stay using fiat-based casinos as they don't want to get out of their comfort zone. but the word of mouth sometimes is a very convincing marketing tool. once their friends or colleagues find out the advantages of using crypto casinos, they will talk. and that will give these traditional gamblers reason to check out crypto casinos.
April 06, 2023, 03:57:51 PM
They've done that online Cryptocurrency casinos are flourishing already and there's a massive gambler hopping from fiat to Crypto casinos its only a matter of time before the majority of casino players are on Crypto casinos, and features wise Crypto casinos are far better now, and as a gambler, you'd like to be in a casino where it can address and serve your needs like privacy concern.
^That is right and I agree with you, whether a player chooses to gamble at a fiat or crypto casino may depend on their individual preferences and priorities. Some players may prioritize privacy and security, while others may prefer a wider range of games or better bonuses. As both types of casinos continue to compete and improve, players will have more choices and opportunities to find the casino that best meets their needs. So I cannot decide which one of them because each of us has different likes and dislikes, even if a player chooses to gamble at a fiat or crypto casino may depend on a variety of factors, including their personal preferences, the reputation of the casino, and the availability of different games and features still we looking at. 
April 06, 2023, 03:50:51 PM
They've done that online Cryptocurrency casinos are flourishing already and there's a massive gambler hopping from fiat to Crypto casinos its only a matter of time before the majority of casino players are on Crypto casinos, and features wise Crypto casinos are far better now, and as a gambler, you'd like to be in a casino where it can address and serve your needs like privacy concern.
I would say that it wont really be a total switch up considering that there are still people who would really be staying up and play on a fiat casino or physical places on which we could say that they do really serve out on different market because not all people would be jumping into online casino whether on fiat itself or with crypto.It is really just that there's a significant amount of popularity and attention on which crypto gambling
did able to commit out and this is why we could say that there is really that transferring but i would say that there would be still people who do prefer on staying on where they
had been get used to.
April 06, 2023, 03:39:49 PM
They've done that online Cryptocurrency casinos are flourishing already and there's a massive gambler hopping from fiat to Crypto casinos its only a matter of time before the majority of casino players are on Crypto casinos, and features wise Crypto casinos are far better now, and as a gambler, you'd like to be in a casino where it can address and serve your needs like privacy concern.
Time will come that most fiat casinos will no longer be fiat casinos but they'll serve and accept variety of accepted payments including cryptocurrencies. I think it's not all about who won and beat the fiat/crypto casinos. But on this matter, we can all agree that it's a win for the entire crypto market and community because we saw how vast and quick adoption being done during the start of the pandemic.
We understand the advantages of using crypto and being in a crypto casino when we gamble and that's exactly the reason why we're here. I guess those traditional gamblers that haven't seen this yet will eventually be excited upon knowing such in existence.
April 06, 2023, 03:34:10 PM
I think most crypto casinos are still churning out existing customers. I also believe that it is not that easy to get a traditional online gambling user to change their habit. What do you think?
I agree, not all gamblers are willing to change the way they gamble and will prefer to stay at the current casino they're using. With the current aggressive marketing that some crypto casinos are still currently doing I still think they'll continue to convert more users in the future.Then again there are crypto casinos that allow you to play with a fiat balance despite using crypto to deposit and withdraw so now it's becoming more easy for fiat gamblers to switch and try out crypto casinos.
April 06, 2023, 03:00:34 PM
There is currently a trend here on our country with different fiat casino popping up, I am sure that those were able to churn some of their players' pockets.
It depends to the casino, better play to those that had already gained good reputation than trying new & suspicious one.
Generally, I don't get the difference how can fiat users be churned like that compared to crypto players. I mean, those are just same players with generally almost have the same gambling knowledge.
April 06, 2023, 02:44:01 PM
Man, you know the saying, "there's a sucker born every moment"? Those old-fashioned online gamblers are the top suckers, no doubt. Trapped in the past, convinced that regular cash casinos are the only way to gamble. They're blind to the crypto casino revolution. Sure, crypto joints got some problems. The legal landscape's a bit sketchy, and not everyone's cozy with cryptos. But those ain't nothing compared to the benefits. Lightning-fast transactions, hella privacy, and way safer gambling experiences? Count me in! And those traditional online gambling folks, they're just fearin' the new. Like old dudes rockin' flip phones and shunning smartphones. But if they're cool with gettin' left behind, that's on them.
While you may be right over one thing. I don't really understand why you need to he this hostile to Fiat Casino Users to prove a point. Yeah sure in all manners and all angles crypto casinos sit nicley at the top, but Fiat variants offer a niche that no Crypto Casino could rver fill, and that is straight to fiat betting. Most go around this hy offering stablecoins butbfor the average joe that do not know shit about crypto, this wouldn't mean anything. So while they might be outdated and visibly aged even, they still serve a purpose and cater towards a real customer demographic. And there's no shame in that. April 05, 2023, 07:40:58 PM
I don't have a lot of experience with online fiat casinos when it comes to lucky-based games (including slots), but when it comes to sports betting and poker fiat casinos still have a lot more active players and better options/bonuses. I still think that crypto needs some fantastic "only crypto" poker places, but I guess we are far from that.
Basically the number of fiat based online casinos is still much bigger than crypto based casinos. I can say it because there are just so many local fiat casinos in my country with many active players. At the beginning, yes most fiat based online casinos were dominated by poker and sports betting but these days, there are also so many casinos that focused on slots and live games. Of course it is because fiat online casinos are also following what is the trend among online gamblers. With these facts, I have to agree that crypto based online casinos is still far from fiat based online casinos. It will take longer time for crypto casinos to be in the same level as fiat based casinos because it is not that easy to lure people with something new (crypto transaction method) while most people is still more familiar to fiat transaction method.
April 05, 2023, 06:32:19 PM
They've done that online Cryptocurrency casinos are flourishing already and there's a massive gambler hopping from fiat to Crypto casinos its only a matter of time before the majority of casino players are on Crypto casinos, and features wise Crypto casinos are far better now, and as a gambler, you'd like to be in a casino where it can address and serve your needs like privacy concern.
April 05, 2023, 04:44:38 PM
...
I think most crypto casinos are still churning out existing customers. I also believe that it is not that easy to get a traditional online gambling user to change their habit. What do you think?
I think most crypto casinos are still churning out existing customers. I also believe that it is not that easy to get a traditional online gambling user to change their habit. What do you think?
It's why loyalty programs exist. People who spend a lot of money on gambling look for good loyalty programs, and when they are satisfied with the casino in general and the bonuses they got from their VIP level they will stay there. When there is a better offer it's more likely that someone will change their mind.
I don't have a lot of experience with online fiat casinos when it comes to lucky-based games (including slots), but when it comes to sports betting and poker fiat casinos still have a lot more active players and better options/bonuses. I still think that crypto needs some fantastic "only crypto" poker places, but I guess we are far from that.
Lots of gamblers have switched to crypto gambling but in our country, there are still lots of gamblers who prefer to gamble using fiat despite the edges that crypto can provide. The competition of local casinos in our country is too high nowadays but most of them are fiat based casinos. I think people here still have to see the advantages of using cryptocurrency before they choose it over fiat-based casinos.
April 05, 2023, 03:05:02 PM
...
I think most crypto casinos are still churning out existing customers. I also believe that it is not that easy to get a traditional online gambling user to change their habit. What do you think?
I think most crypto casinos are still churning out existing customers. I also believe that it is not that easy to get a traditional online gambling user to change their habit. What do you think?
It's why loyalty programs exist. People who spend a lot of money on gambling look for good loyalty programs, and when they are satisfied with the casino in general and the bonuses they got from their VIP level they will stay there. When there is a better offer it's more likely that someone will change their mind.
I don't have a lot of experience with online fiat casinos when it comes to lucky-based games (including slots), but when it comes to sports betting and poker fiat casinos still have a lot more active players and better options/bonuses. I still think that crypto needs some fantastic "only crypto" poker places, but I guess we are far from that.
April 05, 2023, 02:49:00 PM
I don't think that's the goal. They both cater to different forms of customers, and it wouldn't sit well from a business standpoint to make enemies off of someone who doesn't even compete with you in any way. The choice of switching to Fist Casinos or vice versa isnalways up to the user itself, and not for the casino to decide or persuade. Coz let's face it, the moment you decided you wanna gamble, you pretty much know already what type of casino you'll play in.
In short, they won't do anything to each other. I don't see Fiat casinos cooperating with cryptocurrency casinos, and I don't see them competing against each other either. Basically they are in their own little bubble, catering to their own set of customers and all that.
In short, they won't do anything to each other. I don't see Fiat casinos cooperating with cryptocurrency casinos, and I don't see them competing against each other either. Basically they are in their own little bubble, catering to their own set of customers and all that.
April 05, 2023, 02:15:09 PM
In general I feel that once people learn how to use cryptocurrency and realize the liberties they offer, it is hard to go back to FIAT, specially if we are talking about people who does not have access to reliable payment processors and cards.
So, I would say that crypto casinos still need to find new ways to appeal towards FIAT gambler who may believe they do not need to buy a satoshi in their whole lifes. I would personally go with the privacy features, the money management (helps to avoid credit card abuse) and the low transaction fees (in the most of the chains). It would be a long term advertisement project, in my opinion
There are so many benefits in the cryptocurrency world that is why those people that had tested the market successfully with profits would never want to go for fiat again. It is very obvious that crypto has so many opportunities for people to embrace compared to fiat that can nit give us profit by holding or keeping it. As a cryptocurrency investors, we know what we are benefiting from the market and that makes us proud and happy to keep buying and selling to make profits in the market. Very soon when the light circulate many people that had been against cryptocurrency would come and see the light by themselves. So, I would say that crypto casinos still need to find new ways to appeal towards FIAT gambler who may believe they do not need to buy a satoshi in their whole lifes. I would personally go with the privacy features, the money management (helps to avoid credit card abuse) and the low transaction fees (in the most of the chains). It would be a long term advertisement project, in my opinion
I generally do not relate glambing with cryptocurrency investing, they are quite different things. If a gambler who for most of their life used their credit card to deposit on their favorite casinos discovered the benefits of Bitcoin, I assume they would initially stick around because the independence the network has from the usual trust system which keeps the banks going, added to the other things I already mentioned.
Gamblers can be investors and investors can be gamblers but I doubt anyone moves from Fiat to Bitcoin being both at the same time.
April 05, 2023, 01:53:01 PM
What is clear is that cryptocurrency casinos are taking market share away from fiat casinos, as if the former did not exist, business would shift to the latter. However, I think that what the OP is suggesting is unlikely if we are talking about a big transfer, as there are people who only bet in fiat casinos, have never used cryptocurrencies and have a great distrust of them, and these people are not going to switch to crypto casinos, especially not overnight.
Cryptos are still like a fiat, both are still currencies and then both crypto and fiat casinos are still the same casinos so I don't think one is taking away the market share of the other. Crypto casinos are in fact helping the fiat casinos to grow more.There are first time gamblers who play in crypto and they are curious about how fiat and physical casinos work so they will also try it. The number of fiat online casinos have grown by huge percent, I think that's also because of the crypto casinos. Now many crypto casinos are accepting fiat deposits and withdrawals, the same goes in fiat casinos. I love these new innovations as it makes the people life easier.
April 05, 2023, 01:25:09 PM
Everybody at one point or the other have what actually pleases them and I've seen a friend who doesn't want to be told about cryptocurrency and doesn't want to get associated with anything cryptocurrency and he is doibg just very fine and happy and when I asked so deep into his reasons and he narrated how he was scammed of over thirty thousand dollar converted in my local currency then you'll understand that's a very huge amount and can possibly change someone's life and then he swien neber to get involved in any crypto project and he also gambles alot but basically through fiat and he actually doesn't care about privacy and kyc and that's one exemple and there are alot of people still feeling very comfortable with local and traditional fiat payment methods of casinos and I don't think crypto will easily chum fiat casinos not anytime soon.
Jump to: