Yes, definitely.

That's an advantage that a trader is already a risk taker and more than that because of gambling. The advantage is there but the results will still vary on how good the gambler is in Bitcoin trading or any market that he's going to trade.

If that gambler learns how to be a good trader then that can be his next hobby and instead of gambling, he'd do trading. But another concern might spark because the gambling attitude is there and what if he makes money off trading and then the profit there will be used to gamble?

That won't make sense but it's possible to happen and is happening IRL.

Wow that is a lot of money for one country alone. With a GDP of 440bn USD, I can't believe that they would bet so much money every single day on betting. Interesting would be also how much tax revenues the gambling industry generates for the country. Now I am wondering where all this money is coming from that people use for gambling. Maybe they people in Nigeria are more lucky and win higher amounts than in other countries? I would expect that a majority fo the 65m gamblers are regular customers and they must be funding their bets from somewhere. With such a large betting market there is probably a high level of competition among the bookmakers and casinos to attract new capital. Also shouldn't this attract international companies to invest in the Nigerian gambling market? It seems very lucrative and as long as the government doesn't want to limit the gambling exposure of the people I would expect that the share of people gambling even rises over time. I am not sure if people will actually rely on gambling to survive, or if they use as a form of entertainment to spend their money earned from their full time job.

Very interesting discussion and I will add some discussion to make it more interesting.
If you say it's not about money but when everyone has the money to build their own casino who will gamble but another question if everyone has the money to build a casino do they have experience in terms of gambling systems?
One day I thought, when I have a lot of money, I want to build a gambling business because this business provides quite a large income, but on the one hand, I think I only have money, I don't have any experience or knowledge in systematic terms in casinos, don't I? should I hire multiple teams to grow my business? But if I didn't have the knowledge about it, when I was lied to or cheated, I would never know and suddenly my business would go bankrupt.
In this aspect, it seems that it is not just about money but experience and knowledge that are the benchmarks for someone who will build a gambling business.

You can check BTCGosu: https://www.btcgosu.com/bitcoin-casino-bonuses/no-deposit-bonus/

No deposit bonuses usually come with some catch, usually, it's wager requirements before you can withdraw it. Many people are trying to exploit this kind of bonus by creating numerous accounts, so we can understand that casinos are trying to fight against that.

There are still casinos that offer no deposit bonuses, but I wouldn't get my hopes up that some money can be made that way. It's just a way to try a casino, how it works, and what features it has.

That's an interesting poll and to be honest I'm not surprised by the results so far. Bitcoin blockchain fees are a real concern when you gamble, because even if some casinos are offering BTC withdrawals like the one in my signature(Livecasino) you will still need to spend a mining fee when you want to make a deposit in order to be able to send and to get your transaction mined. But if the fee you've sent is too small, your transaction can get stuck during days, weeks or even months. That's a real concern that you haven't with other cryptos. So currently I'm mainly gambling with DOGE, FUN and stablecoins onto Tron and Gnosis blockchains or Layer2 networks like Polygon, Arbitrum and Optimism.

Casino sites offer a variety of bonuses for first deposits. However, since Halloween is a popular festival, sites tend to offer some higher quality bonuses because of this festival, as this boosts their marketing even more. This is why sites offer such high bonuses and gamblers on the other hand enjoy it so it is a win-win situation. You are very lucky in this case that you have received good heart bonuses and have been able to use them to make more profits

It’s just someone to me whenever I see people following others discretion. Why do you have to depend on anyone before you can gamble? So if the person’s analysis is wrong, you will just follow the person just like that, which is very wrong. Whenever you are gambling or you are into other things, learn to do them yourself, don’t depend on others. If you take your time to learn the necessary things that you are supposed to learn and you decide to gamble on your own, you might end up winning more money than following  other people' gambling.
 
But some people do copy others gambling because they believe they are professional gamblers, and they believe their predictions are mostly right, but I don’t believe that. Those people who you claim to be professionals also started somewhere, so just take your time and learn yourself, and you will also be a professional gambler. You don’t have to depend on anyone before you can gamble.

You are correct, most times I do conclude that it is a bit hard to quit gamble, more especially those that are well familiar with it.
It is not easy to stop gamble unless one might relocate to an island were there isn't anything related to gamble and being totally separate from the internet but is is hard to do those things.
Many gamblers things that they can only say that they will not gamble again and that's all,,, no, it is not an easy task for a well gambler to totally quite gambling, unless the person might just take a break for a while.
I say this because in my country I have seen a lot of people that tried to quit smoking and some of them can't quit but few can,,,, however smoking is very much different from gamble but I just used it as an example.

I'm making this poll to see what form of payment is the most preferred by people here. Given that gambling is a popular and practical use of bitcoin, I'm interested to see what percentage of people still have it as their preferred funding method and perhaps for what reasons.

Seeing how bitcoin's fees have gone up a lot, I would assume that with the plethora of options for cheaper transactions, people must be using other options much more. Some might even prefer to use conventional means such a debit or credit cards.

Whatever your preference is, feel free to express why that is and also answer the poll (optionally). It's for research purposes only.

Well that first hand experience will really help but I would say that it's crucial to be a bit cautious too. You know how some gamblers just chase after profit without considering potential losses and that can backfire big time, especially for someone just starting out. Striking a balance is key like being smart about stakes and protecting your bankroll. For a newbie, it's all about keeping it real and gambling with what you can afford to lose. Nobody wants a bad first experience that totally puts them off so take it easy, set reasonable limits, and make sure it's a positive start to this whole gambling journey. It's not just about winning, it's about enjoying the ride and learning the ropes.

I base my question about whether a gambler can become a good bitcoin trader, because both of them share one factor which is risk. A gambler is a risk taker, he stakes his money without knowing the outcome of the game that he is about to play. There is no guarantee that he will win, yet he goes ahead to play, knowing fully well that he can lose his bet. Same thing with a bitcoin trader, he goes ahead to engage in trading knowing fully well that the market can turn around  negatively for him, making him to lose his bitcoin. Yet he goes ahead to trade in the hope of making profit.

Although there are some differences between the two, like most gambling depends mainly on luck. You play and let luck decide fate of the game, that is the risk factor, because the gambler doesn't have any control or influence to determine the outcome of the bet. Also a bitcoin trader doesn't have any control or influence to determine how the market swings, he takes the risk to trade his bitcoin without knowing the outcome whether it'll be profit or lose. The diffidence between the two is that a bitcoin trader can predict the market, while a gambler can not predict the outcome of a bet, except in sports bet.

So if a gambler where to go into bitcoin trading, do you think that the experience of taking risk in gambling will be an added advantage to face the risk of bitcoin trading?

There is no way we can challenge the terms and conditions of a casino when the reason why we are there to make profits. Many gamblers don't have that time to be dragging a casino because they tend not to understand the terms and conditions of the casino. Even though we got lured to bet there without knowing what there terms and conditions really was, it all our fault since we have already started using the casino and also deposited our funds. The best thing we can do is to just ignore the casino and look for a better one that would help us make the kind of profits that we really want to be earning based on our strategies and skills.

Yes, indeed chasing losses with the desire to recover losses has a very bad impact and one of them is addiction which will hit our minds with uncontrollable emotions of high levels of greed so that they will lose their common sense and have difficulty gambling healthily and things like this often happen Even you and I have experienced this, but we as gamblers who have had experience for a long time can be a little more in control, it's just that after failing to control ourselves, we bet more and lose, usually regret will haunt us for a few days, but that's a normal condition the most important thing is to always make mistakes the key to improve yourself so that you ignore chasing losses in gambling.

It would be great for you to add another language which is Filipino as there are more gamblers here in the Philippines who are struggling to control their addiction.

As I have checked your website, it looks neat and decent to me at least. I choose not to register though as I do not want to input my real details into it.

When it comes to your app in the Google Play Store, despite having 1,000 downloads there is no honest and genuine feedback from those who are actually downloading and installing it compare to the Apple App Store, you did have a couple of 5-star reviews.

In this area alone, you really need to push for organic honest (and not paid) reviews in the Google Play Store. Just my own honest opinion

Do owners of betting companies place bet on their own platform or is there a policy specific policy that restricts them from betting. Do you think that there would be conflict of interest or that it will be unethical if owners bet on their own platforms. These are the questions that I am seeking an answer to.

This topic has been discussed over a umptheenth time.

For me I believe it is both, but majorly based on luck… let’s talk strictly about “sport betting” if you’re to consider sport betting that’s where your skills or knowledge of a game can help you make a better prediction than someone who just goes to his account and start selecting games based on the odds; but that alone won’t guarantee your winnings because there are times when we experience an “upset”.

But if you bring slots into the conversation then it’s based purely on luck, your skills won’t help you here since it’s a randomized game and not something you can develop a formula for (as others have claimed to have done).
So you can see that skills and luck plays a role in your wins.

Normal people can still gamble on horse racing. You can still do some side bets on the horse/pilot that you want with the minimum bet which I think majority of the gamblers can afford. It will be a different thing if you are the one who will participate on the horse race like you own/breed/raise the horse. There's no denying that there are gamblers who really are putting massive cash on horse racing but it is the same on other popular gambling games. It's just that it's not the game that everyone likes that is why I think it's unpopular.

You are absolutely correct and I completely agree with you, It is like what I pointed out I think on this thread or another thread, I can't remember vividly, but I do remember writing about passion, having a passion for something is what drives many into such a thing, even though they have no prior knowledge of or in that thing, passion drives them to want to learn it.

That is just the different between the result of those who start really big, but end up failing, and those who seem to start small but become big later on in the future. Many who start big on something are usually chasing after profit, while those or many who don't mind starting small are are most of the time usually driven by passion, in the end, passion will always win.

I know people who, every time they lose a large amount of money, vow not to gamble again. Several days pass and everything starts again, the promise that one bet will be made is forgotten after three minutes of play, and the excitement switches consciousness to unconsciousness. Saying or asking people to be careful when playing, if they are very gambling, is simply letting air out of their mouths. Until something global happens in their destinies, or until conscious treatment begins, it is useless to talk about the importance of taking care of oneself.

You are right. We should not tell all our personal things to friends because not all friends can protect what we say. We may only tell it to close people in our circle, but we also have to tell them not to tell it to other people. Actually, other friends don't need to be curious about why he did this, but because we are a society, it will make other people feel the need to know what is happening to the people in their environment. But moving to a new environment might solve everything because they won't meet those curious people, so they will be calmer in living their lives.