Bitcoin Forum

Economy => Gambling => Topic started by: playtin on May 19, 2013, 09:35:43 PM



Title: Preferred currency for gambling
Post by: playtin on May 19, 2013, 09:35:43 PM
At our PLAYTIN Casino (https://playt.in) players can play using Bitcoin or Litecoin.
Now we think to have noticed that players actually prefer to play using Bitcoins.
Even players that played both currencies seems to finally play mostly in Bitcoins.
We are not sure what could be the reason for this. Anyone has an idea?


Title: Re: Preferred currency for gambling
Post by: Zaih on May 20, 2013, 01:52:46 AM
I guess it's just the wider adoption of Bitcoin vs. Litecoin? Judging by prices... One can assume to some extent that the amount of people with Litecoin is: "Number of people with Bitcoin"*("Litecoin Price"/"Bitcoin Price") as a percent

That number would be like 2% I'd assume (Not quite up to date on LTC price). So from this you'll probably see 49 BTC bettors for every 1 LTC bettor.

Keep in mind my logic may be way off so feel free to correct me