I think that existing crypto and fiat casinos cannot really be put together into the same basket. They might be casinos but they are completely different as well. If the crypto casinos banked on that knowledge and used it to market to the fiat casino fans then they must have created a marketing plan which would make help the transition along. Basically a way of showing the gamblers "how much more fun and convenient a crypto casino could be than a fiat casino".
All they had to do was take the weaknesses of a traditional casino and show them to the user by offering a crypto solution to each of those cons. After that the gambler instinctively weighs out the pros and cons and decides to stay with crypto casinos.
Topic: Do You Think Existing Crypto Casinos Were Able to Churn Fiat Casinos User? - page 2. (Read 409 times)
April 05, 2023, 01:15:31 PM
April 05, 2023, 01:05:32 PM
The development of crypto casinos is very rapid and more and more gamblers are joining crypto casinos every day.
Perhaps this is because crypto casinos have more advantages and can provide gamblers with greater returns than fiat casinos.
Many traditional or online fiat casinos are starting to lose their customers and almost all of them have switched to crypto casinos.
Moreover, the development of technology has made everyone aware that using technology can provide convenience in all things, including gambling.
By using crypto casinos, gamblers don't need to travel to traditional or physical casinos, and also in crypto casinos, gamblers have the opportunity to get lots of bonuses or prizes that are given from every event that is being held.
Perhaps this is because crypto casinos have more advantages and can provide gamblers with greater returns than fiat casinos.
Many traditional or online fiat casinos are starting to lose their customers and almost all of them have switched to crypto casinos.
Moreover, the development of technology has made everyone aware that using technology can provide convenience in all things, including gambling.
By using crypto casinos, gamblers don't need to travel to traditional or physical casinos, and also in crypto casinos, gamblers have the opportunity to get lots of bonuses or prizes that are given from every event that is being held.
April 05, 2023, 11:59:15 AM
yes it's true the fact is that many gamblers from fiat casinos have switched to online crypto casinos because maybe it's easier to attract lots of people to play gambling than traditional fiat casinos or something like that, this is evident from the statistics of crypto gamblers increasing since the pandemic until now it's even easier for them to use crypto than fiat and others, I am also a crypto casino gambler. 
There are more games and the transactions are quicker and many of them doesn't require for KYC. I guess it's a mind opener for those gamblers that it's best for them to just use crypto casinos. Many features can't be seen from the fiat casinos and they don't even need to visit one physically if they just want to gamble out and have fun.
Although there's the pros and cons to each their own but as people that have been here, we're safe to say that crypto casinos are way much better than the usual and traditional ones.
April 05, 2023, 11:57:21 AM
To say the truth about the gambling reality currently ongoing, online crypto casinos have already taken hold of the entire system because this is the trending era of cryptocurrency and since one can have casinos in their numbers in support of using crypto to gamble instead of fiat, then online crypto gambling is already the lead in this regard except for those physical casinos that does not have the requirements of using online platform before gambling that still accept fiats.
Crypto casinos have increased a lot in popularity during and after the pandemic, but they still can't beat online fiat casinos, which are more popular, probably due to sponsoring lots of sports' tournaments and championships around the world. Here in our country there are many betting platforms sponsoring such events, especially inside the soccer industry, including the participant clubs. Within time it's possible crypto casinos will also appear more frequently on those events, but for now it's not happening yet. 
April 05, 2023, 11:21:07 AM
I think crypto casino is big because we are more active in forums that discuss crypto but out there fiat casino still dominates compared to crypto casino because not many people understand crypto too, you can see that fiat casino still dominates more advertising in every sports match while crypto only a few casinos have appeared. It will take time for crypto casinos to exceed fiat and it will be proportional to the development of crypto, more and more people know about crypto and know how it works, then casino based crypto will surpass fiat even though they will be constrained by regulations because fiat casinos are easier for the government to collect taxes from activities there. Sometimes traditional things will still dominate because not everyone likes change especially if they are not sure about how it works.
April 05, 2023, 11:12:01 AM
To say the truth about the gambling reality currently ongoing, online crypto casinos have already taken hold of the entire system because this is the trending era of cryptocurrency and since one can have casinos in their numbers in support of using crypto to gamble instead of fiat, then online crypto gambling is already the lead in this regard except for those physical casinos that does not have the requirements of using online platform before gambling that still accept fiats.
April 05, 2023, 11:07:46 AM
However, I wonder if they have been able to churn customers who are used to traditional online fiat casinos.
the fact that crypto casinos increased during the pandemic, I think it is safe to say that they did. also, cryptocurrency was talked about a lot during the pandemic so I wouldn't be surprised if there are gamblers who looked for crypto casinos once they heard about cryptocurrency and tried it out and became a regular gambler in a crypto casino. 
April 05, 2023, 10:31:23 AM
It is indeed not easy to change the habit of someone who used to often play in fiat casinos to try to play gambling in crypto casinos.
They need a lot of learning until they understand how to use crypto properly, then they can try playing gambling at crypto casinos.
But sometimes, when learning about crypto, they immediately try to play gambling by buying crypto and depositing it in crypto casinos.
And this might give people a better understanding because they can get experience in using crypto.
They need a lot of learning until they understand how to use crypto properly, then they can try playing gambling at crypto casinos.
But sometimes, when learning about crypto, they immediately try to play gambling by buying crypto and depositing it in crypto casinos.
And this might give people a better understanding because they can get experience in using crypto.
Yeah. I think it wont be easy for crypto casinos to completely churn fiat casinos in the near future. Fiat casinos have been around for a long time and many people still prefer the familiarity that comes with using traditional currency. Also, there are still barriers to entry for many people who are interested in using crypto for gambling like if they are not familiar with how to buy and use cryptocurrencies and there are still concerns about security and regulation in the crypto world.
I think fiat and crypto casino can totally just coexist.
April 05, 2023, 07:59:21 AM
However, I wonder if they have been able to churn customers who are used to traditional online fiat casinos.
the fact that crypto casinos increased during the pandemic, I think it is safe to say that they did. also, cryptocurrency was talked about a lot during the pandemic so I wouldn't be surprised if there are gamblers who looked for crypto casinos once they heard about cryptocurrency and tried it out and became a regular gambler in a crypto casino.
April 05, 2023, 06:31:04 AM
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?
Coine to think of this where do you think these Cryptocurrency gamblers come from, all of them did not start gambling because of Cryptocurrency, they came from fiat-based online casinos and they just transfer their gambling activity to Cryptocurrency casinos, because they find it easy and fast and their privacy is well protected, there are still some traditional fiat gamblers but Cryptocurrency based casinos ruling the gambling industry, it's only a matter of time before they will transfer to Crypto casinos.
April 05, 2023, 05:36:36 AM
It is indeed not easy to change the habit of someone who used to often play in fiat casinos to try to play gambling in crypto casinos.
They need a lot of learning until they understand how to use crypto properly, then they can try playing gambling at crypto casinos.
But sometimes, when learning about crypto, they immediately try to play gambling by buying crypto and depositing it in crypto casinos.
And this might give people a better understanding because they can get experience in using crypto.
They need a lot of learning until they understand how to use crypto properly, then they can try playing gambling at crypto casinos.
But sometimes, when learning about crypto, they immediately try to play gambling by buying crypto and depositing it in crypto casinos.
And this might give people a better understanding because they can get experience in using crypto.
April 05, 2023, 05:00:54 AM
I think a lot of the crypto casinos grew was because of the fact that you can get funds in and out of them easier then with traditional fiat ones.
You don't have to worry about your bank or whatever service you need to use to move the money.
There are a lot more ways to convert fiat to crypto and back then get money from your bank to an online casino.
Even in places where it is 100% state licensed and regulated some banks still do not allow those kinds of transactions. You can go to an ATM in a physical casino and take out to your daily limit, but move $50 to Caesars online through ACH and you get an account hold...
-Dave
You don't have to worry about your bank or whatever service you need to use to move the money.
There are a lot more ways to convert fiat to crypto and back then get money from your bank to an online casino.
Even in places where it is 100% state licensed and regulated some banks still do not allow those kinds of transactions. You can go to an ATM in a physical casino and take out to your daily limit, but move $50 to Caesars online through ACH and you get an account hold...
-Dave
The ease of transacting in a gambling casino site is definitely one of the major reasons why players are encouraged to deposit, play, and be a regular. The more it is easier to exchange your fund, the better it is for the players because they won't undergo the hassle of converting through various platforms just to exchange their crypto fund to fiat money. Having a feature like this will help players avoid inconvenience in depositing and withdrawing their funds the moment they win.
It could be a deal breaker for some too, so it's much better to have this for the benefit of both parties, since this could retain players and garner more attention on the side of the casino and a convenience to the part of player.
April 05, 2023, 04:49:53 AM
Privacy? Can you buy cryptocurrencies without ID verification? I know that you can, but the cost is higher. 
Faster transactions? So you think that fiat debit card/credit card transactions are slower? Are you kidding me?
I believe that most of the hardcore fiat casino gamblers won't touch a crypto casino with a 10 foot pole. They are used to fiat casinos and the fiat casinos are convenient enough for them. Crypto casinos create a false sense of privacy and anonymity(until you have to perform KYC in order to withdraw your hard earned profits).
I don't know about any benefits a crypto casino can offer that were not already offered by a fiat casino. Can you mention any?
It's not about the cost is higher, but you're need to find the loophole to buy it. It's true you can buy Bitcoin using No KYC P2P or DEX, but if you're link your bank account, it doesn't make a lot difference if you're want to achieve 100% privacy.Faster transactions? So you think that fiat debit card/credit card transactions are slower? Are you kidding me?
I believe that most of the hardcore fiat casino gamblers won't touch a crypto casino with a 10 foot pole. They are used to fiat casinos and the fiat casinos are convenient enough for them. Crypto casinos create a false sense of privacy and anonymity(until you have to perform KYC in order to withdraw your hard earned profits
).I don't know about any benefits a crypto casino can offer that were not already offered by a fiat casino. Can you mention any?
Crypto casino is better than fiat casino in terms of security, if you're gamble on fiat casino you're have a risk of being targeted by criminal especially you win a big amount money.
April 05, 2023, 04:30:43 AM
they are not much crypto casino fully functional in my locality but the I can certainly say that the pandemic really affected fiat based casino that involves the use of cash to bet. Another event that affected local casino in my place was the recent development on changing of the fiat currency in my country, it made alot of business to close down and this was due to the shortage of cash in every area of the country and this lead wonder, if they had been a crypto casino that is functional in my country, i would have and it would have led these fiat gambling casinos to loose alot of their customers. But the shortage of cash now cause everyone to create online fiat gambling platform where can easily get access to gamble.
April 05, 2023, 02:09:26 AM
Quote
As per my understanding, crypto casinos have offered benefits that some fiat-based casinos cannot match. Another reason is cryptocurrency provides faster transactions and a level of privacy. Thinking about the regulatory environment surrounding cryptocurrency globally. I think a lot of crypto casinos are still churning existing users of other crypto casinos.
Privacy? Can you buy cryptocurrencies without ID verification? I know that you can, but the cost is higher.
Faster transactions? So you think that fiat debit card/credit card transactions are slower? Are you kidding me?
I believe that most of the hardcore fiat casino gamblers won't touch a crypto casino with a 10 foot pole. They are used to fiat casinos and the fiat casinos are convenient enough for them. Crypto casinos create a false sense of privacy and anonymity(until you have to perform KYC in order to withdraw your hard earned profits
).I don't know about any benefits a crypto casino can offer that were not already offered by a fiat casino. Can you mention any?
April 05, 2023, 01:57:52 AM
Land based casinos are like part of culture in many places so they like to gamble there as they have been however in future we may see land based cryptocurrency casinos as well since the world is gradually accepting cryptocurrency as well so by that time most people aware of how to use it just like fiat but it still has long time to go, now we are at the beginning of that era which itself a great threat to the existing fiat based online as well as land based casinos. So imagine how the future of cryptocurrency gambling market will be.
April 05, 2023, 01:56:17 AM
-snip-
Another reason is cryptocurrency provides faster transactions and a level of privacy.
On their services, online casinos ask for KYC and actually the level of privacy is determined by this. Then crypto's built-in privacy is completely useless. It is no more convenient than conventional gambling for the privacy-seeking gambler, one can go to a physical casino and play a few games on fiat and leave like the wind.Another reason is cryptocurrency provides faster transactions and a level of privacy.
-snip-
There are many more issues that I believe have hampered the churning of a traditional user to a crypto gambler. But the number one issue as per my research is individual preferences and circumstances.
Yes, especially regarding preferences, the use of crypto technically is still problematic for some age groups of gamblers. Or they don't even bother looking for alternative crypto gambling on the internet because they are comfortable with the current one. There are many more issues that I believe have hampered the churning of a traditional user to a crypto gambler. But the number one issue as per my research is individual preferences and circumstances.
April 05, 2023, 01:34:19 AM
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 it is possible for someone who is already used to online gambling even if it is the traditional one to switch to gambling with crypto on cryptocurrency casinos. The person is already used to gambling digitally so it won't be as difficult as someone who knows nothing about gambling digitally and is only used to grambling offline to suddenly begin to use crypto to gamble in crypto casinos. April 05, 2023, 12:59:57 AM
I think there are a lot of gamblers from Brick n mortar casinos that are shifting to online gambling, just because it is so convenient to play at home or even on their mobile phones.
The older generation go to casinos for other reasons, mostly to socialize and to burn their time and a lot of them are not very technologically inclined, so the transition might never happen for them.
So, yes..... there are a global shift to online gambling and you can see that in the amount of Brick n mortar casinos that are moving online now.
The older generation go to casinos for other reasons, mostly to socialize and to burn their time and a lot of them are not very technologically inclined, so the transition might never happen for them.
So, yes..... there are a global shift to online gambling and you can see that in the amount of Brick n mortar casinos that are moving online now.
April 05, 2023, 12:57:43 AM
the increase of gamblers that turns from Fiat casinos to crypto casino increase as there are some factors to consider , of course main is that casino houses are closed while pandemic , and those who are playing Online casino via Fiat/Money had learn about the crypto casino because of the continuous search in internet that let them have good looks about the offerings and bonuses.
and still increasing in popularity as many of my friends before that denied me to play with me in crypto are now showing interest and some are already playing.
and still increasing in popularity as many of my friends before that denied me to play with me in crypto are now showing interest and some are already playing.
Playing with fiat online and playing with crypto in an online casino feels the same to me, the only difference is that for the fiat they might be some restrictions because you are only allowed to use the currency of that country and convert to a different currency just so that you can access a different casino that is not in your country might seem like a lot of work to them. But with crypto, they can access they have the opportunity to access the casino globally and not be restricted since they now dealing with crypto and that's what most of them figured out and that also led to the increase in popularity.
Amidst all this adoption or people migrating to crypto-based casinos, we still have a lot of people out there that still won't use crypto-based casinos even if they are given free coins to just try them out.
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