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Topic: What would you think of Meta (Facebook) allowing bets in the metaverse - page 3. (Read 444 times)

sr. member
Activity: 2268
Merit: 275
well, they won't be able quickly use their metaverse for gambling, I think they are more focused on exploring the metavese world market first,
rather than rushing to market a gambling platform, which limited use not all countries allow.
basically gambling when combined with the metaverse I think will be more attractive however this is not their focus IMO.


or indeed completely non-existent. We all agree to see how far the metaverse world is introduced to the world in a concept that is much more focused on developing technological intelligence. I'm not really interested even though it has something to do with gambling, because the concept of the metaverse of Facebook itself is still biased and can't be felt or implemented by everyone. This was just part of the plan, not much different from the Libra launch at the time. Until the end did not have a smooth road.
legendary
Activity: 1680
Merit: 1179
It's possible in the future when almost countries treated gambling is normal games and Olympic include gambling as one of the sport, but it's still rumors until now. Meta will be very strict if they allowing bets in metaverse, because they need to make sure the user who control the account is eligible to gambling (e.g. ages, residence, regulations, etc etc).

But if Meta already allowing bets, I wouldn't try it and will keep stick with my favorite casino. There're a lot leaked data issues and how worst the Meta privacy, that's make big NO for me.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
It will be the same as other VR games out there, I feel like the only difference is that this one is backed by a big tech companies. To be honest, I think that this is a useless one since we have VR chat already so why not capitalize on the existing technology and innovate there or even create your projects there. Also, I feel like gambling is going to be one of their main interests since Facebook doesn't support that in their platform then I don't think that in their Metaverse will it be any different.
There are lots of VR chats already but I just feel metaverse would have a wider adoption it wouldn't be useless if metaverse allows betting as it would bring in more realistic real world experience for those who love to gamble and it won't be compulsory for all it would just be a Matter of ones interest.
Of course Mark Zuckerberg already anticipated everything , he knows the business well and he will not enter in anything that he don't know what is the outcome .  remember that Facebook Success is one of the most recorded all the years so yes even there are lots of VR games out there yet  Mark will enhanced this area to make sure they will bring big difference from the common VR's out there.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?

I guess it's a great idea as betting would be easier knowing we are using a platform that is reputable, however, that would also mean we have to go through KYC which we need to use our real information on our facebook (meta) accounts. They'll certainly do some innovation to increase their revenue but we also have to understand that it always depends whether the government will approve or not, their plan is only a plan without an approval.
legendary
Activity: 2352
Merit: 1087
It'll be a new experience and I am sure if it brings convenience when gambling or at least makes gambling more enjoyable(besides the new experience) I am sure tech-savvy gamblers would likely want to use it or at least try it out but I doubt it'll be one of their focus or if it is even in their plans.

They would likely to focus on the gaming and social interactions just like what they have been doing recently when it's still named as Facebook.
that's what I thought too. I mean, that's probably the main reason why they created it.
legendary
Activity: 1414
Merit: 1118
...gambling responsibly. Do not be addicted.
However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?
It can be a rumor but it will be what will actually happen, the mataverse is digital but it is digital existence of people interacting, anywhere people are interacting, gambling will begin naturally there. Some people may even use it for no two reason than to gamble.

I guess Facebook needs to set everything works before they want to launch gambling games inside the site as that can be a new update that Facebook will do it later.
Facebook can just be the inventor, did you think other companies will not begin their own metaverse which will be called in another name, expect such. Even if faceook did not do anything about gambling which I am not even expecting from its side, many people will set it up themselves, even gambling companies will set it up there.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
well, they won't be able quickly use their metaverse for gambling, I think they are more focused on exploring the metavese world market first,
rather than rushing to market a gambling platform, which limited use not all countries allow.
basically gambling when combined with the metaverse I think will be more attractive however this is not their focus IMO.

Maybe while their members will explore the metaverse first and find the gambling platform inside the platform.
Their members can feel that meta will be the one-stop point to access many things, including playing gambling and communicating with other people.
I guess Facebook needs to set everything works before they want to launch gambling games inside the site as that can be a new update that Facebook will do it later.
It seems Facebook wants to be the number one social media that has everything the user needs.
hero member
Activity: 2002
Merit: 578
well, they won't be able quickly use their metaverse for gambling, I think they are more focused on exploring the metavese world market first,
rather than rushing to market a gambling platform, which limited use not all countries allow.
basically gambling when combined with the metaverse I think will be more attractive however this is not their focus IMO.
They would likely to focus on the gaming and social interactions just like what they have been doing recently when it's still named as Facebook. They are already huge enough as a social media and now entering the Metaverse world is a huge feat and if they rush to gambling or even just enter that market it will just raise some eyebrows to some critics.
sr. member
Activity: 1036
Merit: 311
It will be the same as other VR games out there, I feel like the only difference is that this one is backed by a big tech companies. To be honest, I think that this is a useless one since we have VR chat already so why not capitalize on the existing technology and innovate there or even create your projects there. Also, I feel like gambling is going to be one of their main interests since Facebook doesn't support that in their platform then I don't think that in their Metaverse will it be any different.
There are lots of VR chats already but I just feel metaverse would have a wider adoption it wouldn't be useless if metaverse allows betting as it would bring in more realistic real world experience for those who love to gamble and it won't be compulsory for all it would just be a Matter of ones interest.
sr. member
Activity: 1274
Merit: 293
It will be the same as other VR games out there, I feel like the only difference is that this one is backed by a big tech companies. To be honest, I think that this is a useless one since we have VR chat already so why not capitalize on the existing technology and innovate there or even create your projects there. Also, I feel like gambling is going to be one of their main interests since Facebook doesn't support that in their platform then I don't think that in their Metaverse will it be any different.
sr. member
Activity: 1316
Merit: 257
well, they won't be able quickly use their metaverse for gambling, I think they are more focused on exploring the metavese world market first,
rather than rushing to market a gambling platform, which limited use not all countries allow.
basically gambling when combined with the metaverse I think will be more attractive however this is not their focus IMO.
hero member
Activity: 2352
Merit: 594
I don't like this idea of Metaverse very much. It looks like a rebranded centralized internet owned by Zuckerberg.
Can't we just be glad by having an open source internet where a plenty of gambling platforms already exist offering high quality services to their customers?

Well that is not really the case right now people wants innovation at the same time earn money from the public which thats why there are new platforms coming out.  For it is still okay since it was really new to me which could learn a tricks from it or could be really useful in our life , also in gambling there are a lot of websites or physical casinos now so i think where you are doing a casino hopping then you will be out of fun from it.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
I don't like this idea of Metaverse very much. It looks like a rebranded centralized internet owned by Zuckerberg.
Can't we just be glad by having an open source internet where a plenty of gambling platforms already exist offering high quality services to their customers?
sr. member
Activity: 1918
Merit: 442
Eloncoin.org - Mars, here we come!
They might allow ads but not for them to take the direct action.
Well, this is the right answer.
It is bad for the public if they get involved in gambling so I think this is impossible to happen that they will be allowing bets in the metaverse.
But let us just see, if they will implement that new feature perhaps there could be many changes of Facebook and I think, they are changing the path on the gambling business and there is nothing we can do.
legendary
Activity: 3122
Merit: 1140
It is know that Facebook is trying to reinvent itself, wash its image and becoming a more powerful business. And it is the right strategy, because contrary to other business such as online retail (Amazon), internet searches and sales (Google) or electric cars (Tesla), social networks are more susceptible to ageing customers and trends in the young. However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?

I can bet against this rumor! Facebook will never enter gambling market directly or indirectly. Yes, they may bring some "play to earn" game and possibly enter into NFT market, but not in gambling. Facebook has already seen many battles to safeguard their reputation and gambling is actually perceived negatively in the society. So they will never engage into such business. Not in our lifetime. I am not sure from where did you hear such rumors.
I have the same perceptions too which its really unlikely that they would really be touching up gambling considering on the userbase of facebook which it is really hard to believe that they would really be considering out gambling or attaching this thing up.
Im much sure that they had already picture out on whats the thing could really happen if they do intently trying to
implement or adding up this one on the platform.
They might allow ads but not for them to take the direct action.

https://web.facebook.com/business/help/345214789920228?id=352746782475779&_rdc=1&_rdr
https://blog.hunchads.com/betting-ads-facebook

There's still some involvement but its indirectly.
hero member
Activity: 2548
Merit: 533
"CoinPoker.com"
It is know that Facebook is trying to reinvent itself, wash its image and becoming a more powerful business. And it is the right strategy, because contrary to other business such as online retail (Amazon), internet searches and sales (Google) or electric cars (Tesla), social networks are more susceptible to ageing customers and trends in the young. However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?

I can bet against this rumor! Facebook will never enter gambling market directly or indirectly. Yes, they may bring some "play to earn" game and possibly enter into NFT market, but not in gambling. Facebook has already seen many battles to safeguard their reputation and gambling is actually perceived negatively in the society. So they will never engage into such business. Not in our lifetime. I am not sure from where did you hear such rumors.
I have the same perceptions too which its really unlikely that they would really be touching up gambling considering on the userbase of facebook which it is really hard to believe that they would really be considering out gambling or attaching this thing up.
Im much sure that they had already picture out on whats the thing could really happen if they do intently trying to
implement or adding up this one on the platform.
hero member
Activity: 2590
Merit: 644
It is know that Facebook is trying to reinvent itself, wash its image and becoming a more powerful business. And it is the right strategy, because contrary to other business such as online retail (Amazon), internet searches and sales (Google) or electric cars (Tesla), social networks are more susceptible to ageing customers and trends in the young. However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?

I can bet against this rumor! Facebook will never enter gambling market directly or indirectly. Yes, they may bring some "play to earn" game and possibly enter into NFT market, but not in gambling. Facebook has already seen many battles to safeguard their reputation and gambling is actually perceived negatively in the society. So they will never engage into such business. Not in our lifetime. I am not sure from where did you hear such rumors.

I think the same
they're already quite strict for people to make ads and the overall public perception of the company is bad enough for them to get involved with more controversial questions

they are probably not going this way
^ Rumor is still the same as rumor and since there's no official announcement, this will be hard to believe that it will become true.
If they will change route into a gambling business, it seems their user will reduce massively since there are a lot of underages that has an account on Facebook, the metaverse is unclear if that is true that there is a platform they could be separated into other platforms which is much better, because there is nothing wrong if those who involve in gambling is in the right age.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
It is know that Facebook is trying to reinvent itself, wash its image and becoming a more powerful business. And it is the right strategy, because contrary to other business such as online retail (Amazon), internet searches and sales (Google) or electric cars (Tesla), social networks are more susceptible to ageing customers and trends in the young. However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?
I think of this as a dangerous move not for Facebook, or whatever name they have now, but for their customers, I mean we know that a small number of people develop some sort of gambling issue, however Facebook has been know to not care about their customers in order to keep them online, taking into account that even if they are not diagnosed as such there is a lot of people addicted to social media, the combination of a social network with most of your data and which has no limit about how they can try to manipulate their customers this could create an explosion in gambling addiction as we have never seen before.
Metaverse is trying to relate with real life experience through social media interaction just the same way people walk pass gambling hubs, online gambling adverts, offline and online casinos same will be applicable if metaverse should implement gambling to their platform people would prove blond eye to gambling adverts or gambling board on metaverse if the fear they might get addicted

Metaverse which is currently being discussed is then associated with the existence of a betting system, for me personally it is not a strange thing. As you mentioned that Metaverse connects digital interactions between individuals with other individuals virtually, it does not rule out gambling activities even though it can occur if a group of gamblers has virtual access by combining each gambling in a certain room that has been prepared.
However, whether Facebook will focus on promoting this? no, maybe a year or two after the Metaverse became officially accessible to the public.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
It is know that Facebook is trying to reinvent itself, wash its image and becoming a more powerful business. And it is the right strategy, because contrary to other business such as online retail (Amazon), internet searches and sales (Google) or electric cars (Tesla), social networks are more susceptible to ageing customers and trends in the young. However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?
I think of this as a dangerous move not for Facebook, or whatever name they have now, but for their customers, I mean we know that a small number of people develop some sort of gambling issue, however Facebook has been know to not care about their customers in order to keep them online, taking into account that even if they are not diagnosed as such there is a lot of people addicted to social media, the combination of a social network with most of your data and which has no limit about how they can try to manipulate their customers this could create an explosion in gambling addiction as we have never seen before.
Metaverse is trying to relate with real life experience through social media interaction just the same way people walk pass gambling hubs, online gambling adverts, offline and online casinos same will be applicable if metaverse should implement gambling to their platform people would prove blond eye to gambling adverts or gambling board on metaverse if the fear they might get addicted
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
It is know that Facebook is trying to reinvent itself, wash its image and becoming a more powerful business. And it is the right strategy, because contrary to other business such as online retail (Amazon), internet searches and sales (Google) or electric cars (Tesla), social networks are more susceptible to ageing customers and trends in the young. However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?

I can bet against this rumor! Facebook will never enter gambling market directly or indirectly. Yes, they may bring some "play to earn" game and possibly enter into NFT market, but not in gambling. Facebook has already seen many battles to safeguard their reputation and gambling is actually perceived negatively in the society. So they will never engage into such business. Not in our lifetime. I am not sure from where did you hear such rumors.

I think the same
they're already quite strict for people to make ads and the overall public perception of the company is bad enough for them to get involved with more controversial questions

they are probably not going this way
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