Bitcoin Forum

Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.

It's like I don't believe that Roulette is the reason why gambling is so alive. Because for me the casino via casino slots is alive and well, yes almost all casinos indeed have roulette but of course there are many options for gamblers to play so that gambling platforms have life.

So for me, not just one casino game can give color to every casino game in this crypto industry.

It's always been a challenge for casino, but I don't see it taking over like the P2E that you are describing. It's good that we have alternatives like that, but there will be some time that this kind of games are going to be boring and so gamblers will have to find a way and so they will go back to the traditional games that offers more excitement like Roulette.

P2E might exist together with some casino games, but as I have said, I doubt that they will make a big push to challenge what we have been playing for many years, casino slots, dice and other card games.

Play to earn is out of the league for casinos and what's more in are the esports games. Yes, they're also games but they're the competitive ones and not with the play to earn which is likely pay to win type of games.

But if a casino for these play to earn games will take places then that should be from the developers of those P2E themselves and not with the established ones because it's not really an idea thing or not yet accepted ATM.

On its hype, Axie Infinity never posed a challenge in terms of revenues against the top casinos in the industry gamblers will always gamblers will not spend hours just to spend pennies on play to earn a platform like Axie, they want it with fast results and they can only find it in casinos

I'm sorry to tell you that online casinos cannot be replaced by Play to earn, play to earn is skill-based and it will take a lot of time to earn here, whereas casino players are looking for profit and excitement in its simplified ways.

Play to earn games is too grindy, and I don't think a lot of people will have the time to grind it out to get something off of the opportunities that they are getting. Casinos will never go out of business because they are offering fast and efficient entertainment to people who has the money that are looking to multiply it by gambling. Play to Earn remains to be a field that is a hit or miss, and most of the time it's a miss because not everyone has the time in the world to earn cents/a few dollars for hours on end.

Play to earn games are not gambling though, because that is a sure profit while in gambling you will always depend on your luck.
I don't think this is a good comparison because they are both different, Roulette is a game of luck and we have this game since then.
If there's another surge for play to earn games then it can be good, you just need to consider how much you will invest with them and know your when is the ROI, again play to earn games is an investment while gambling is not.

You are just assuming, gamblers will not go for Play to-earn platforms to replace casinos, the excitement that the gambler feels in casinos cannot be replaced by playing play to earn, I've been into both, play to earn takes too much time and you need strategy and earning is not good compared to gamblers, I don't know the percentage but gamblers will always prefer casinos the dopamine effect here is better than Play to earn platform the reward is also good if luck hits you.

Every bear market the players in the P2E games will move away from it and play on roulettes, slots, and dice once again. It's a bigger challenge for new p2e projects to maintain profitability and if the P2E game couldn't bounce back to its popularity, it will die. The competition between casinos and other businesses in crypto like P2E is getting tougher, projects die especially if they didn't innovate including the casinos.

P2E will 100% die out due to players creating bots (and the economy not being able to be managed properly when extreme circumstances happen, like a sudden influx) and unless that's fixed, I doubt P2E could ever be a challenge. Some that do pop off are great initially, but in the long term, you'd be earning peanuts from them. Though tbf I hardly doubt P2E would ever combat casinos for users, gamblers are just different. P2E doesn't work the same way as casinos. Instead, they're grindy, they require thinking, a strategy for each activity, and a major investment as well in most cases.

Yes, I agree to an extent that casino games are too limited compared to the number of possibilities other games have, but if you also look at it from another angle, even though a LOT of games have come out, these games are still famous among gamblers. Why? Because in the first place, the highest interest that they have in the activity is not the games but the attraction of earning more money with just luck or at least, the majority of it, in one single go.

P2E games may pose a future challenge to online casinos by attracting a sizable portion of the gaming audience. It is important to note, however, that the casino industry is a highly regulated and established market that has already proven to be resilient in the face of new technologies and competition. Furthermore, many people enjoy the social and immersive experience that playing in a casino provides, which may be difficult to replicate in a play to win game. while P2E games are popular, they are not yet perfected and still have many flaws, such as tokenomics issues and a lack of regulation. as a result, it is difficult to predict what will occur.

I was reading this topic and I've read it over four times because I was trying to figure out the possibilities of pay to earn games kicking out casinos and of a truth, I began seeing the possibilities because I think okay to earn games wouldn't be so risky as compared to the regular gambling.

Apart from the tokenomic issues associated with the play to earn game, which I'm sure that they're working on and it also seems that this play to earn games mostly thrives during the bull market because it seems people who play to earn aso switches over to roulette and other crypto games when the bear market comes.

P2E will cost you a lot of time as you develop your team and game items. Like any altcoins, your Play-to-earn token will have less value when the game doesn't attract more players and investors when the market force is low.

Casino and P2E games have different spectators. I doubt the P2E player will dive into casino games unless there will be a platform to bet on the characters and items in the game.

Are we talking about P2E here vs the casino?

Casinos are different from P2E since most players on P2E isn't spending some money but rather time and efforts although there are ways to gain your reward faster by paying some real cash but it is not profitable in the long run just like what happened to the rest of P2E that I know these days.

While the casino isn't something that you can easily be playing without spending some real cash, time, and efforts. Plus it's not designed to be easily be won when someone plays with it unless if it's not a luck based games. Although there are different factors that can make someone to earn a good profit/winning when gambling on casino.

Play to earn is not that big as it sounds in my opinion, yes they are here but it won't put a dent on games that have been established already like roulette games. It's very easy to play with little knowledge, as compare to this whole new play to earn wherein there is learning curve. What gamblers want is games that is fast and can make them quick money with huge returns.


Sorry to burst the bubble, but I'm not seeing casinos implementing play to earn in my opinion, but yes, what keeps casinos are games that we all do love because of simplicity like the roulette games and others.

Casino games and Play to earn Games are very different. If you have ever played any play-to-earn games then you will know how boring these games are. Whereas a casino offers you a long list of games from which you can choose one to play.

Last season we saw countless play-to-earn projects but no team was able to fix this tokenomics issue. So I don't think this is solvable.

But the thing is not all the people in casino wants play to earn game. And online casino as much as i know still do have market i mean players and bettors. Maybe they could add some featutes and also maybe they could add sports gambling on it, but P2E? I think it is no longer sustainable and there are some issues and flaws on it, maybe nft can be added but not P2E.

Honestly, I do not need to play P2E blockchain to earn money. There are many different games which you can earn money from, in various ways. The important thing is to be creative in the way of making money, whether it is trading items or playing tournaments. I used to spend a lot of my time playing LOL and winning some cash in offline tournaments. those good old days

It's not actually the Roulette game that keeps casinos alive, but it's the customers in it and the management team that make the casino business survive and thrive.
If you say that roulette revives the casino, then you are wrong. Because in reality, in casinos there are many choices of games and each game has its own fans.
Maybe you have this thought because you think that the game of roulette is a game that is difficult to win and the one who wins the most is the dealer. But in fact there are still many games that are difficult to win, such as dice or slots.

That's why I've said that it's out of the league.

Not everyone is into play to earn games and that's why the traditional casino games are way better and the play to earn gamers are probably also not into gambling.

The P2E isn't really sustainable and that's why from the beginning of what I've said, it's already out.

Play to earn games for me are not in direct competition with casinos. Play to earn games are not gambling games. It's not like you bet on something or play a paid game to either win or lose. It is basically blockchain-based gaming that rewards you tokens. I don't think it is gambling at all.

Roulette, for example, is a classic gambling game which has the typical characteristics of being random or being luck-based. The fun that you can get from this kind of game is so much different from that of play to earn games.

In short, gambling is not an investment not unlike the P2E with the NFTs.
We should not compare this, and P2E will never exceed casinos since gamblers will always be there and many prefer to gamble than to play a game and hope for a small profit that might come from playing. They both have pros and cons, you can actually have this both but at the moment P2E is not doing good while casinos are still doing great and still profitable for the house.

almost all online casinos have roulette games it's just that I've never played that game maybe because I don't understand how to play it, but I'd love to try any casino games maybe in the future, I think without roulette the casino will keep going because they still have a lot of games which is reliable but so far in all online casinos there is always a game of roulette but it's not a underdog game

I agree that play-to-earn games are definitely a challenge for online casinos. As more and more people are becoming aware of the potential of blockchain technology and how it can be integrated into gaming, it's likely that we'll see a shift in the industry. Play-to-earn games offer a new level of engagement and ownership that traditional online casinos simply can't match.

One of the biggest advantages of play-to-earn games is that they allow players to earn real-world value through in-game activities. This can include things like earning cryptocurrency or other digital assets, which can be used to purchase in-game items or sold on the open market for cash. This creates a sense of investment and ownership for players that traditional online casinos simply can't match.

However, it's important to note that play-to-earn games are still in their infancy and there are certainly many challenges that need to be addressed. One of the biggest challenges is the issue of tokenomics and the potential for market manipulation. Additionally, the regulatory landscape for play-to-earn games is still very uncertain, which can create additional challenges for developers and players alike.

This one.

If we do make out some comparison then we could really definitely say that both things are entirely that different on which there's no way that casinos would be replaced out by something which needs up to be grind.
It is obviously that people who are interested on entertainment and fast profits wouldnt touch up P2E which same as you said that it would really be needing up that grinding.Unlike when dealing up with casino games
which we know that it could give out fast results on every roll on a blink of an eye which is entirely different. People arent seeking up profits anytime with gambling but rather getting some leisure times
unlike into those people who do grind with those p2e which is obviously coming for the profits that they are really that eager to earn up.

roulette is a very easy game. just try once and you won't wonder how it is being played anymore. or better yet, do a quick search over the internet and you will get an idea how it is being played at. each casino has their own variations but it is the same concept.
anyway, online casinos won't succumb because of p24 gaming platforms. there will always be gamblers who will stick to classic games offered by casinos. not all gamblers are keen on playing p2e games. just like not all gamblers are sports bettors. so yes, there will always be a market for online casinos offering luck-based games.

I've seen that in my country, before Axie the common games our people play with, besides the common sports like basketball and chess, are cockfights and online chinese poker. They bet on these games like their life depended on it and well, most of them lost a couple hundred dollars in the processs. When Axie Infinity came along, there goes everyone's money, suddenly everyone's glued to their phones and computers playing this hit game and earning in the process. I do think there will be some sort of competition between gambling and play to earn should the latter be perfected or at least be improved upon, but that is a big if, and with how people look at crypto following the collapse and multiple scandals, it may take some time before people gain confidence in playing P2E games again.

I think you cannot compare Play to earn games with casino games. Casino games have been there and will never go out of phase, we've seen a lot of play-to-earn games that come and go out of the market, once the hype is over it goes rug pull. I think it's not just roulette that keeps the casino running, slot games are more played than roulette in my own opinion.

Technically any new form of entertainment is a competitor for casinos, however I do not see such a high threat from play to earn games and that is because I believe it is impossible to fix the economics of a coin designed to allow their players to earn money, it will always be the same story, in which a game gets popular and suddenly the early adopters are making a lot of money, which in turn brings even more players, then a bubble forms and eventually it burst.

it must always be considered a great variability among fans of casino games.
the ideal is to keep them all, novelties and classic games so as to satisfy all tastes.

play to earn is something completely different than the games you can find in casinos.
a revolutionary game capable of making "history" will probably come also for this field, probably just matter of time.