Online casino searches at "all time high" during lockdown - page 2.

bitbunnny

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Quote from: MCobian on June 03, 2020, 05:43:11 AM

I am not surprised by the news that search interest in online gambling has hit all time high during lockdown. Because gamblers are
accustomed to playing in casinos, will look for other alternatives. And in a lockdown situation many would choose gambling online
in the end, as we know crypto casinos have finally benefited. Because a lot of online gambling uses cryptocurrency.

Yes, to my opinion that was one of the good sides of pandemic, if we might say so, the bloom of online casinos. And I don't think this is only temporary because many gamblers now have seen the advantages of online gambling and they will remain faithful to online casinos. Also, some are still afraid of virus and reluctant to go to casinos. Like many other businesses, online casinos also got their chance to spread the business.

Genemind

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Quote from: adaseb on June 15, 2020, 02:04:34 AM

From the activity of Bitcointalk forum gambling section I don't think there was a surge of new retail users who started to gamble. You need to understand that bitcoin gambling is a niche. One can be a gambler but they can only gamble with fiat and deposit by credit card.

Getting someone to buy crypto first and then gamble is just too much of a headache. First they need to find a Bitcoin ATM, then they need to figure out how wallets work and stuff and eventually they will get too confused and just give up. So regular online casinos that do KYC might have gotten a boost but not bitcoin casinos.

I agree, those who are totally new in online casinos will most likely end up gambling on online casinos with fiat options. I my self only got involved in crypto gambling when I already knew about crypto gambling since it is really complicated for newbies to get their hands of Bitcoin or any other cryptocurrency.

Honestly, if I were a casino gambler and would swith to online gambling I would save myself from hustle getting a a cryptowallet, doing KYC, cashing-in, sending it to a gambling platform to start playing online casino.

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From the activity of Bitcointalk forum gambling section I don't think there was a surge of new retail users who started to gamble. You need to understand that bitcoin gambling is a niche. One can be a gambler but they can only gamble with fiat and deposit by credit card.

Getting someone to buy crypto first and then gamble is just too much of a headache. First they need to find a Bitcoin ATM, then they need to figure out how wallets work and stuff and eventually they will get too confused and just give up. So regular online casinos that do KYC might have gotten a boost but not bitcoin casinos.

Mahdirakib

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Yeah many offline gamblers moving to online gambling during this lockdown time. And we can also notice that online casinos have given away many promotion during this lockdown time to keep the users active and attract new gamblers.

Quote from: Maus0728 on June 02, 2020, 03:47:15 AM

Do you guys think that having an advertising campaign specifically here in bitcointalk can really boost the exposure of these newly created gambling site or casino? Just curious though Huh

Yes, It's effective thing. I have learned about crypto gambling site through this forum. I was here to learn about crypto and free faucet earning sites. But this forum introduced me with so many gambling sites. I have account at most of the crypto casino. I'm still joining new sites by seeing their advertisement here. Firstly I need to trust a casino before start playing. This forum is enough to prove a casino reputation. I think there are so many people like me.

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Quote from: michellee on June 15, 2020, 01:33:36 AM

Quote from: bittraffic on June 15, 2020, 12:24:36 AM

Casinos that ranked on searches are the ones not accepting cryptocurrencies. I guess the crypto casinos aren't making a profit from these searches.

Maybe not today, but that will happen in the future, especially if people come to the crypto world. Or the result from the searches is based on your local country so you would not find any results. Maybe you can change the country result, so you will know how good the result is. But for globally for the keyword of "online casino" might have a chance to get the all-time high during this lockdown.

If they are concern about their privacy they may start looking into Bitcoin casinos. Most should be a concern because not all state allows online gambling, the only trouble they'd be seeing is that buying BTC will require them to still pass documents for it. Its still not going to make them easy getting into crypto but will just resort to inputting their debit/credit cards just to bet their way.

Botnake

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Crypto casinos are surely gonna benefit on this, fiat gambling could be safer but they required a lot for gamblers especially the KYC and linking your payment system to their gambling site, but here in crypto everything is simple, one can gamble anonymously and moving money is very easy and it only requires one to pay a very cheap transaction fee especially if a gambler is using altcoins to gamble.

This is just my opinion as there's no data or study yet that I have read about the increase of gamblers in crypto casinos, but I certain in one way or another, crypto casinos are benefiting on this.

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Quote from: bittraffic on June 15, 2020, 12:24:36 AM

Casinos that ranked on searches are the ones not accepting cryptocurrencies. I guess the crypto casinos aren't making a profit from these searches.

Maybe not today, but that will happen in the future, especially if people come to the crypto world. Or the result from the searches is based on your local country so you would not find any results. Maybe you can change the country result, so you will know how good the result is. But for globally for the keyword of "online casino" might have a chance to get the all-time high during this lockdown.

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Quote from: Darker45 on June 15, 2020, 12:39:38 AM

Quote from: bittraffic on June 15, 2020, 12:24:36 AM

Casinos that ranked on searches are the ones not accepting cryptocurrencies. I guess the crypto casinos aren't making a profit from these searches.

As expected, at this point in time, cryptocurrency casinos form a very minor part in the entire $50 billion online gambling industry.

But those gamblers who are already familiar with cryptocurrency before they try looking for an online gambling site to have fun while the land-based casinos are closed might prefer for a crypto casino over a site which asks for personal identification. I believe there is a good deal of gamblers who put significant value to their privacy, which they could get from a crypto casino.

There might be a little profit from this interest spike in the end.

If those gamblers that are used to playing at traditional casino will find the benefits of using crypto online casinos, I think a lot of them will be converted to online gamblers. Especially now that it is not advisable to enter casino as the vaccine is still out of reach. Also, there are a lot of these reputable crypto casinos that don't require KYC yet, so that's a good attraction also for them. But I think the bottleneck is for those who are really new to online casinos, they might find it challenging dealing with crypto the first time.

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Quote from: bittraffic on June 15, 2020, 12:24:36 AM

Casinos that ranked on searches are the ones not accepting cryptocurrencies. I guess the crypto casinos aren't making a profit from these searches.

As expected, at this point in time, cryptocurrency casinos form a very minor part in the entire $50 billion online gambling industry.

But those gamblers who are already familiar with cryptocurrency before they try looking for an online gambling site to have fun while the land-based casinos are closed might prefer for a crypto casino over a site which asks for personal identification. I believe there is a good deal of gamblers who put significant value to their privacy, which they could get from a crypto casino.

There might be a little profit from this interest spike in the end.

bittraffic

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Casinos that ranked on searches are the ones not accepting cryptocurrencies. I guess the crypto casinos aren't making a profit from these searches.

Quote from: shoreno on June 14, 2020, 11:46:24 PM

Quote from: Barnabe on June 03, 2020, 05:51:30 AM

Other than that, normal casinos are regulated and taxed. A portion of the gambled money is used to pay for public projects. Of course crypto online casinos do not pay taxes and the owners get all profits (some of which would have gone to taxes), what do you think about this situation ?

if that true that all of our taxes goes to the developlment of our own country then why not avoid playing on an offline casino ? but of course not all govt officials are doing thier promise because some of them will just keep the tax money , that could be the reason why people avoid gambling locally because they knew that thier tax are going to be useless but the current situation isnt about tax talks or avoidance of offline gambling but people have no choice because offline gambling places were close due to covid pandemic .

Online casinos pay taxes too, you can see they do have licenses and logo of their authority because the did have to undergo registration to the government before they can operate. The online casino that don't pay taxes are the ones trying to evade or in a location where gov't doesn't require a license.

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Quote from: Barnabe on June 03, 2020, 05:51:30 AM

Other than that, normal casinos are regulated and taxed. A portion of the gambled money is used to pay for public projects. Of course crypto online casinos do not pay taxes and the owners get all profits (some of which would have gone to taxes), what do you think about this situation ?

if that true that all of our taxes goes to the developlment of our own country then why not avoid playing on an offline casino ? but of course not all govt officials are doing thier promise because some of them will just keep the tax money , that could be the reason why people avoid gambling locally because they knew that thier tax are going to be useless but the current situation isnt about tax talks or avoidance of offline gambling but people have no choice because offline gambling places were close due to covid pandemic .

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Other than that, normal casinos are regulated and taxed. A portion of the gambled money is used to pay for public projects. Of course crypto online casinos do not pay taxes and the owners get all profits (some of which would have gone to taxes), what do you think about this situation ?

MCobian

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I am not surprised by the news that search interest in online gambling has hit all time high during lockdown. Because gamblers are
accustomed to playing in casinos, will look for other alternatives. And in a lockdown situation many would choose gambling online
in the end, as we know crypto casinos have finally benefited. Because a lot of online gambling uses cryptocurrency.

hitsnorth

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it's also could be a burst to crypto due to cryptocasinos...

mu_enrico

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Quote from: Maus0728 on June 02, 2020, 03:47:15 AM

Agree to this! Do you guys think that having an advertising campaign specifically here in bitcointalk can really boost the exposure of these newly created gambling site or casino? Just curious though Huh

Yes, to a certain extent. I mean users here seem already have their own favorite crypto gambling sites, so if the new sites cannot offer something truly new/different or cannot offer substantial discounts/bonuses, then existing users will know the sites but won't bother to try it (assumed bitcointalk user growth is 0).

In another scenario, more people join bitcointalk -> more users -> more advertisement exposure.

Low HE in crypto casinos overall should be the main selling point though other than the probably fair one.

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Quote from: iamsheikhadil on June 03, 2020, 02:28:12 AM

I am sure many of those offline gamblers will now get hooked to the comfort of playing in the online casinos because ofow house edge, playing at convenience time and place! It can be harmful to the businesses of offline casinos and a boom for the online ones.

Low house edge is just one of the advantages of online casinos. On the individual level each of us is different, I like to relax at home and gamble from home, while some people like to dress up nicely, to go to casino and have fun there with games, other people, hostesses...
This lock down is a unique case, many people wanted to get out and gamble, they couldn't, and they were forced to gamble online if they wish to gamble. It will be interesting to see some statistic in few months, how many people decided to stay and gamble online, and how many will return to ground based casinos.

iamsheikhadil

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I am sure many of those offline gamblers will now get hooked to the comfort of playing in the online casinos because ofow house edge, playing at convenience time and place! It can be harmful to the businesses of offline casinos and a boom for the online ones.

maydna

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I am not trying to search the term "online casino" from the search engine, but I guess that the result will be high since many people trying to explore what activity that can entertain them while they stay at home. Besides that, we already have seen that gambling advertisement available in many places, including in social media, so that makes people easy to find the gambling site that they want. But I don't expect to see the significantly increasing number of people who play gambling in every city because that can make us see another increase in the addicting person to gambling.

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Quote from: Slow death on June 02, 2020, 03:57:14 AM

I also wonder how people will buy bitcoin in this situation? imagine that an X person is very fond of offline casinos and I decided to use online casinos that support bitcoin. So that person searches for places to buy bitcoin and comes across KYC. how will that person do KYC with this lockdown? this Is another problem that people have when they want to buy bitcoin and another problem is related to fees, when someone wants to buy bitcoin they have to pay very high fees, will it encourage people to look for bitcoin-related online casinos or these people will you prefer online casinos that accept paying with debit cards even if they are bitcoin related casinos? I think people will prefer online casinos that accept debit cards and that means that even if people use bitcoin-related online casinos they will be paying by debit card

There are options like Bitcoin ATM but only available in several areas, Some KYC is automated like binance, coinbase is using automated KYC. Also, Coinbase has banks option to selected countries too. https://paxful.com/ offers a lot of methods to buy bitcoin. You are right buying bitcoin from fiat especially using debit/credits cards has a huge difference in price with the market price so it will end up paying a high price. Personally, I am not comfortable entering my debit card details on a gambling site I prefer cryptocurrency.

electronicash

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local searches are prompt with local search results. the beauty of casinos today is that they are all shifting to online transactions. not necessarily cryptocurrency but still online transactions such as the credit cards. it they all are going to make it big online, the crypto casinos are still going ot benefit though. these gamblers are hopping from one casinos to another just as what we do here.

Topic: Online casino searches at "all time high" during lockdown - page 2. (Read 1025 times)