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Author Topic: Why Is Bitcoin Gambling Industry So Successful in the World?  (Read 5488 times)
eann014
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October 02, 2017, 03:26:19 AM
 #181

Gamblers now are lazy to get up, dressed well and bring cash just to gamble in slots and other games in the casino. That's why the success of bitcoin gambling in the world is unexpected. We never knew that many hard core gamblers like the idea of gambling with crypto currencies since it's just the same that you are gambling with real money. Lowered deposits, good support and convenient gambling experience.
This is what I can agree to, knowing that people are generally getting lazier especially in the technology that we have now, that's pretty hard to do. It is definitely something that we need to keep track of, our money and how we can be effective with our games.
A lot of people now become really lazy because of technology, not only in playing gambling, but also when it comes in online shopping, if they don't want to go outside they will order what they want so they can get what they want even without going outside. So, in gambling we can just play gambling even with our comfort of our room and play what we wanted anytime we wanted. That is why Bitcoin gambling is so successful.  Grin
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October 02, 2017, 03:47:11 AM
 #182


I think it's because many gamblers do not have access or gambling facilities, especially gamblers who come from countries that ban gambling. The existence of gambling in bitcoin gives access and facilities for them to gamble and gamble in bitcoin still be able to cover their profile, their identity can be kept safe in bitcoin gambling. So maybe gambling in bitcoin is more effective for them.
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October 02, 2017, 04:57:42 AM
 #183

Obviously because it was very convenient for many users and you could gamble at the comfort of your own place,time and money , most of bitcoin casinos especially dice sites does not matter how small or large your money is , you could start gambling I think with a 1000 satoshi or less  and they also offer some free bets so you could feel what it's feel like with the real currency . and of course for the owner it save them a lot of cost by means of electricity , facilities , utilities  and many more  I think  think  was just some of a reason why bitcoin gambling become a success .

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October 02, 2017, 06:30:15 AM
 #184

Obviously because it was very convenient for many users and you could gamble at the comfort of your own place,time and money , most of bitcoin casinos especially dice sites does not matter how small or large your money is , you could start gambling I think with a 1000 satoshi or less  and they also offer some free bets so you could feel what it's feel like with the real currency . and of course for the owner it save them a lot of cost by means of electricity , facilities , utilities  and many more  I think  think  was just some of a reason why bitcoin gambling become a success .
Well yeah the reasons you described are no doubt those which appeals a gambler to gamble using bitcoin online casinos. This is a known factor that online casino has reduces the cost of gambling which could be better said as the indirect cost of gambling such as, traveling expenses and other expenses which generally incur at casino else than gambling.
Another reason that attracts the users to online gambling is time management. Time is one the resource that is now hardly managed and for gamblers with tough routine online gambling is no less than a paradise.
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October 02, 2017, 09:39:57 AM
 #185


I think it's because many gamblers do not have access or gambling facilities, especially gamblers who come from countries that ban gambling. The existence of gambling in bitcoin gives access and facilities for them to gamble and gamble in bitcoin still be able to cover their profile, their identity can be kept safe in bitcoin gambling. So maybe gambling in bitcoin is more effective for them.


i think this is their reason to playing gambling by online and if they use bitcoin, they don't have to use their true identity to start playing. this is happen to me too in the past. and people with huge money come into the bitcoin and create the gambling site and then invite many people to join with them without filling many things. just create an account, send the bitcoin to their account and then they can start.



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October 02, 2017, 10:37:19 AM
 #186

I think it has to do with the anonymity and the fact that it doesn't 'feel' like gambling with money that makes it so popular.
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October 02, 2017, 10:47:48 AM
 #187

Obviously because it was very convenient for many users and you could gamble at the comfort of your own place,time and money , most of bitcoin casinos especially dice sites does not matter how small or large your money is , you could start gambling I think with a 1000 satoshi or less  and they also offer some free bets so you could feel what it's feel like with the real currency . and of course for the owner it save them a lot of cost by means of electricity , facilities , utilities  and many more  I think  think  was just some of a reason why bitcoin gambling become a success .
Well yeah the reasons you described are no doubt those which appeals a gambler to gamble using bitcoin online casinos. This is a known factor that online casino has reduces the cost of gambling which could be better said as the indirect cost of gambling such as, traveling expenses and other expenses which generally incur at casino else than gambling.
Another reason that attracts the users to online gambling is time management. Time is one the resource that is now hardly managed and for gamblers with tough routine online gambling is no less than a paradise.

there always a pros and cons on how online casino gives you more benefit , it's actually depends on your own needs. when you think you need a real atmosphere , a real thrilling that you would never get it elsewhere then you should go for real casino. but nowadays i think a lot of people feel more satisfy and comfortable to gamble on an online casino , especially bitcoin casino where offering you far less fee than the fiat online casino or real casino.

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October 02, 2017, 11:33:07 AM
 #188

Most of the gmablers feel bitcoin and gambling is a very good pair, because bitcoin provides anonymity and no verification id to play, so everyone in this world can gamble without revealing any identification, and the quick withdrawal and deposit makes it even easier and more convenient to gamble and the great things is the gambling site gives free satoshi to play, so the gambler can test the site before really deposit their money
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October 02, 2017, 11:52:46 AM
 #189

I think it has to do with the anonymity and the fact that it doesn't 'feel' like gambling with money that makes it so popular.

I think not only in the anonymity, since bitcoin is also used to gamble by it's value. In the early days of bitcoin as a currency used to bet many told me that is will be valued because of a gambling currency, but I think they are wrong, still they are used in gambling.
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October 02, 2017, 12:18:37 PM
 #190

I think it has to do with the anonymity and the fact that it doesn't 'feel' like gambling with money that makes it so popular.

The primary reason for the gambling to be successful is due to the never ending greed of persons who think that gambling is where they can get huge money and forgetting that the site/casinos exists to make money for themselves and not to make their participants rich. Only if you go for enjoyment and lose then its fine else people will get addictive and lose out huge chunk of money and make the gambling owner more rich.
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October 02, 2017, 12:39:19 PM
 #191

It is succesfoul becouse bitcoin casinos are not asking for id documments.
Any kid teenager can gamble on bitcoin casinos
Not possible on fiat money casinos
But if you think bitcoin gambling compare to fiat money gambling is so succesfoul you are wrong
Fiat money gambling is incredible huge,btc is just small fish in the ocean.

 
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October 02, 2017, 01:29:43 PM
 #192

most people play gambling because for the purpose of seeking pleasure. that is what makes gambling game industry today is growing rapidly. one factor is bitcoin, many people today admit that bitcoin has given them the ease of withdrawing and depositing on the casino website. this is what distinguishes between online gambling and conventional gambling, perhaps almost most of today's gamblers have left conventional gambling like casinos.
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October 02, 2017, 02:05:39 PM
 #193

It's really successful because there are people that get addicted to it and lose a lot of money in the casinos. The casinos do not care about your well fare! Remember the fun fact that "there are no clocks in casinos." That was intended to keep people in and so that they do not look at the clock and leave. That's just how they are playing the people.
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October 02, 2017, 03:08:26 PM
 #194

most people play gambling because for the purpose of seeking pleasure. that is what makes gambling game industry today is growing rapidly. one factor is bitcoin, many people today admit that bitcoin has given them the ease of withdrawing and depositing on the casino website. this is what distinguishes between online gambling and conventional gambling, perhaps almost most of today's gamblers have left conventional gambling like casinos.
Well, fun is only a part, the rest is that many people want to find their luck in gambling, they want to become rich after a few clicks, they are really lazy people and their fate depends on gambling, in their thoughts, gambling is the only way to change their future. So the gambling industry is very developed, they hit on greed and laziness, lack of thinking of many people, and bitcoin is a tool that helps many people gamble online more easily because the value of bitcoin, bitcoin is anonymity, we can gamble everywhere with bitcoin and not be afraid of being watched by police, this is fun for people in countries that prohibit gambling

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October 02, 2017, 03:33:37 PM
 #195

The first 2 are the biggest reasons why Bitcoin or Cryptocurrency gambling is so popular in the world. There are thousands of people who like to gamble but hesitate because of that fact that they might get targeted if found out one have so much money, or some people maybe don't want people around him to know that he is gambling, and Cryptocurrency gambling platforms provide you with all these facilities which people have been looking for. So no doubt why Bitcoin or Crypto gambling has touched the sky in such a short period of time.
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October 02, 2017, 04:28:26 PM
 #196

Bitcoin based gambling industry becoming very popular, as many gamblers don't want go to casino or be known others that they want to gamble. Anonymous bitcoins make gamblers feel safe and privacy awake, unlike conventional gambling.

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October 02, 2017, 05:07:16 PM
 #197

I've just read an interesting article about popularity of Bitcoin gambling. The article identifies six reason why Bitcoin gambling is that successful. Bitcoin casinos started being successful in 2012. The 1st​ most successful casino was Satoshi Dice,​ which is a simple site that offers gamblers access to various dice rolling games. This surprising success sets precedent for the gambling industry. Full Article
Bitfcoin is currently very helpful in developing the gambling industry. Because bitcoin is currently almost all online gambling sites are becoming very popular. Ranging from the ease of playing up to make a deposit and also withdraw. As a result of this house casino home becomes more quiet. While gambling websites increasingly have a lot of gambler. This is one of the impacts of technological advances today.

This is probably right, most of the successful gambling site was connected in online compared to home based land gambling. And bitcoin can only be used for online games nothings else in terms of doing gamble.
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October 02, 2017, 05:17:55 PM
 #198

It's 'successful' due to the fact that underage people can play to their hearts delight since BTC is anonymous, hence the so-called success of it.
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October 02, 2017, 05:35:51 PM
 #199

It is anonymous. That is the main reason for it to become so popular.
that's one part of it, but i think it has more to do with how easily accessible and quick it can be. with bitcoin gambling, all you need to do is create an account on the site,and send coins. wait for however long confirmations they require, and you're set to start playing. compare that to a real life casino, which requires to go to the physical location, which might just be all the deterrent needed for a person. even with regulated online casinos that play with fiat money, there are usually checks set in place that require one to verify their identity with documents in order to prove that they are of the legal age to gamble. a bitcoin casino eliminates all that hassle, and one can begin playing in a matter of minutes. in today's world, convenience is one of the largest selling points, and i think bitcoin casinos, intended or not, capitalize off of that immensely.

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October 02, 2017, 05:56:22 PM
 #200


I think it's because many gamblers do not have access or gambling facilities, especially gamblers who come from countries that ban gambling. The existence of gambling in bitcoin gives access and facilities for them to gamble and gamble in bitcoin still be able to cover their profile, their identity can be kept safe in bitcoin gambling. So maybe gambling in bitcoin is more effective for them.

i'm the one who live in the country which banning gambling and all of related of it but since i know bitcoin i could gamble although not regularly and my friends also had same thing just like me and untill now i never had any problem regarding my activities so bitcoin can do what can not be done by other currencies and i think the growth of bitcoin will accelerate because people lately considering gambling use bitcoin is more easy than other currencies
 

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