Pages:
Author

Topic: Gambling Business That Survives when a Crisis - page 5. (Read 686 times)

full member
Activity: 1498
Merit: 146
Since we entered into online world then these things are also getting emerged and evolved more so it will never stop as long as we have the internet.Gambling is not only the thing which attracted people in the past years almost everything turned into online like shopping,even groceries are now available.
hero member
Activity: 2800
Merit: 603
Even if those sites that are purely focus in sports betting, I think they'll still survive as they are already making good profit during the time they are still operating, and it's normal to a business to set aside some contingency fund for crisis that are unforeseen.

Some gambling sites are smart enough, they integrated all the games in one site like a one stop shopping site, so they are still making now despite of the economic crisis.
member
Activity: 294
Merit: 13
★777Coin.com★ Fun BTC Casino!

I don't see yet a crypto-gambling site that offers a lottery that becomes a success in the long-run.

On the other hand, if we take this on a physical lottery, yes the majority closed their service but even they continue to operate, I doubt people will be allowed to go to this place. Lining up in a lottery is defeating the purpose of social distancing and I doubt a community that put under lockdown will have the interest to throw some money to play on a lottery.
Have you forgotten about freebitco.in?
They are still successful up till now and they have weekly lottery on their site.
But I guess others don't really see's them as gambling site and only consider them as a faucet.
member
Activity: 980
Merit: 62
Apart from the fact that online and Esport gambling might let your gambling business survive when a crisis come,
there is still a way that entrepreneurs can make the company survive by themselves. You can take advantage of all the recent incidents that happen and add betting options to those incidents. It might be very profitable in the end.
sr. member
Activity: 2772
Merit: 357
Eloncoin.org - Mars, here we come!
But the problem if you will going to start this business these days is the competition and the advertising because of many operational sites now there is a hard chance for the newly created sites to compete.

We have seen already those new open sites that gather too little traffic but you are right that these businesses are not affected by crisis like this one though the Esports are in questionable.
sr. member
Activity: 2002
Merit: 269

eSport also got effected.

For example, a few weeks ago dota 2 tournament was canceled during these situations.  They cant handle matches online, the reason is needed to verify players not using any illegal (cheating) program for the match. If they can do an online tournament, would be hard to verify the fair games for every team.

Not only on Dota there are a lot of games that need verification of fairness, the only online tournament that can be held right now that will show fairness is the game of chess because every move can be recorded and players can be located anywhere in the world, and there are always new tournament being held daily in the online chess kingdom.
member
Activity: 1358
Merit: 81
Yes, effectively! We are living in a time of crisis. The Covid19 pandemic could not be controlled yet. It is a fact that affects us worldwide. Regarding online crypto gaming, I think they may be in demand right now because casinos and gambling sites are closed.
I recently did a review on Alexa and saw that some sites were more in demand than others. So it is possible that the audience will improve in online gambling.
full member
Activity: 1750
Merit: 118
local lottery on our place is closed due to the order of our government . most local players are older age people that are not into modern technology , im talking about online gambling but except on using smartphones to access social media sites as its now easy to do it .

millinieals are the one that are more familiar with crypto , like me but i never tried a crypto lottery game before   . i only tried casino games like slots and roullete  but even if tried lotto i think ill still not enjoy it the more that i enjoyed casino games
sr. member
Activity: 1036
Merit: 281
Esports tournaments actually do get cancelled due to real-life events, especially when it comes to major tournaments which are common with games like DOTA 2 and CS:GO. There are also exclusively online tournaments, but they're usually reserved for smaller events and lower-tier matchups and it's generally ideal that higher-tier teams play in person.

On the CS:GO side of things, the anticheat programs employed in third party services outside of Valve's own system are actually extremely sophisticated and manage to filter out almost all cheaters, but there are indeed incidents where external devices are used to cheat and such, but those incidents are generally very isolated.
Recently there is a charity game event in DOTA 2 where there is a big prize pool that will donate to frontliners like doctors, nurses, health workers,  police and many more; and also to people who lose their job because of the quarantine. My friends and I planned to bet against each other, I bet in the game of TNC vs Adroit (I'm in favor with TNC)  and I lose there because the winner is Adroit but for me it is okay because there is an internal agreements within my friends that whoever losses in the game, will donate another 20% of the money that we bet.
sr. member
Activity: 2618
Merit: 439
- E-SPORT
every year E-Sport enthusiasts continue to rise even to the match at the Olympics, many predictions say that the E-SPORT market in the future is very large, the profit generated can be billions of dollars.  E-Sport does not need a big place and spectators, even players can do matches at home..  You can get a reference for example or type of game HERE
eSport also got effected.

For example, a few weeks ago dota 2 tournament was canceled during these situations.  They cant handle matches online, the reason is needed to verify players not using any illegal (cheating) program for the match. If they can do an online tournament, would be hard to verify the fair games for every team.

For major and International then doing it online wont really be possible but recently that Wesave Charity play succeeded but its understandable that this game is different in talks of business since this is one is focused on charity work.

When it comes to cheat, its plausible but we've seen that there are still some CS:GO games that do still proceed and i can say that they are still doing well in spite of the the pandemic we're facing.
But charity games is far different in real International competition because charity games doesn't necessarily need strict rules as the games are open just for a cause but International games need to be more strict because the players will do anything Just to win and not for anything that may help others.

so Basically Esports are affected with this crisis.
legendary
Activity: 1624
Merit: 1129
Bitcoin FTW!
Esports tournaments actually do get cancelled due to real-life events, especially when it comes to major tournaments which are common with games like DOTA 2 and CS:GO. There are also exclusively online tournaments, but they're usually reserved for smaller events and lower-tier matchups and it's generally ideal that higher-tier teams play in person.

On the CS:GO side of things, the anticheat programs employed in third party services outside of Valve's own system are actually extremely sophisticated and manage to filter out almost all cheaters, but there are indeed incidents where external devices are used to cheat and such, but those incidents are generally very isolated.
hero member
Activity: 2912
Merit: 556
Casino online will still survive because the casino is not getting the direct effect from this case. People can still play gambling games online, and they can be easy to found the casino. It seems people need to use a targetted keyword if they want to play gambling with crypto because if they only use playing gambling online or gambling online, not many crypto gambling websites will show up in the result. But that is okay because sooner or later, people will get in the crypto gambling websites so they will curious, and they will search for more information.
legendary
Activity: 2744
Merit: 1512
I feel like online gambling providers are making a killing right now. Probably some of the live dealer sites not too much but online dice, card games, and slots out to be booming. People gamble when they're bored and people have a lot of time and money to blow through.
full member
Activity: 1176
Merit: 162
I guess the majority of the online gambling site survives It does need any heavy maintenance just like on physical casino's it only requires customer support, and of course, expenses for maintaining the website security and other stuff. If the lockdown will only run for a month it does really impact physical casino's, no gamblers, no gain, and no loss also, maybe only for maintenance but I am afraid if it will last for a long time it will cause small companies bankruptcy.
sr. member
Activity: 1484
Merit: 277
i think most of the gambling business that has survive today are online casinos, because workers may be permit to work at home
while having their connection via vpn , and the company stay afloat during this crisis, it is also safe because players are also at home
and they don't need physical contact, with other people like handling cards, or holding any material that has contact with other people
also money are online.

The survival capability of all online based virtual casino has been tested for several economic crisis eversince. This has brought up a strong foundation on all business that always took control of their end. Digital age is always having an advantage as to compare with physical type of gambling. Also with other purpose, it do have a positive outcome as long as we're able to adapt this kind of cryptocurrency.
legendary
Activity: 3052
Merit: 1273
mbet is my choice to bet upon some horse racing, Betroar's brawlers is also one of the best ways to pass your time while you can play there 24/7 (Correct me if I'm wrong). And Primedice is also one of my favorites to hop upon when in need of playing dice. Last but not the least is extraordinary plinko we can play at luckybit. Wink
legendary
Activity: 2464
Merit: 1145
FOCUS
- E-SPORT
every year E-Sport enthusiasts continue to rise even to the match at the Olympics, many predictions say that the E-SPORT market in the future is very large, the profit generated can be billions of dollars.  E-Sport does not need a big place and spectators, even players can do matches at home..  You can get a reference for example or type of game HERE
eSport also got effected.

For example, a few weeks ago dota 2 tournament was canceled during these situations.  They cant handle matches online, the reason is needed to verify players not using any illegal (cheating) program for the match. If they can do an online tournament, would be hard to verify the fair games for every team.

For major and International then doing it online wont really be possible but recently that Wesave Charity play succeeded but its understandable that this game is different in talks of business since this is one is focused on charity work.

Of course big events ain't gonna happen online considering the possibility that they can gather big crowds on events like majors and international on Dota 2. But still, online games are still happening right now like the example you give. Gamblers can still bet on those tournaments even if it is big or small. Betting service is still happening today even though we have this pandemic right now.
sr. member
Activity: 1106
Merit: 310
i think most of the gambling business that has survive today are online casinos, because workers may be permit to work at home
while having their connection via vpn , and the company stay afloat during this crisis, it is also safe because players are also at home
and they don't need physical contact, with other people like handling cards, or holding any material that has contact with other people
also money are online.
legendary
Activity: 3080
Merit: 1130
- E-SPORT
every year E-Sport enthusiasts continue to rise even to the match at the Olympics, many predictions say that the E-SPORT market in the future is very large, the profit generated can be billions of dollars.  E-Sport does not need a big place and spectators, even players can do matches at home..  You can get a reference for example or type of game HERE
eSport also got effected.

For example, a few weeks ago dota 2 tournament was canceled during these situations.  They cant handle matches online, the reason is needed to verify players not using any illegal (cheating) program for the match. If they can do an online tournament, would be hard to verify the fair games for every team.

For major and International then doing it online wont really be possible but recently that Wesave Charity play succeeded but its understandable that this game is different in talks of business since this is one is focused on charity work.

When it comes to cheat, its plausible but we've seen that there are still some CS:GO games that do still proceed and i can say that they are still doing well in spite of the the pandemic we're facing.
legendary
Activity: 2450
Merit: 1225
- E-SPORT
every year E-Sport enthusiasts continue to rise even to the match at the Olympics, many predictions say that the E-SPORT market in the future is very large, the profit generated can be billions of dollars.  E-Sport does not need a big place and spectators, even players can do matches at home..  You can get a reference for example or type of game HERE
eSport also got effected.

For example, a few weeks ago dota 2 tournament was canceled during these situations.  They cant handle matches online, the reason is needed to verify players not using any illegal (cheating) program for the match. If they can do an online tournament, would be hard to verify the fair games for every team.
Pages:
Jump to: