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Why Is Bitcoin Gambling Industry So Successful in the World?
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Topic: Why Is Bitcoin Gambling Industry So Successful in the World? (Read 5488 times)
carlerha
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 02, 2017, 08:23:34 PM
#201
Quote from: kodes88 on October 02, 2017, 03:47:11 AM
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.
Yes I believe that it in some cases bitcoin gambling could have gained popularity in the places where there is no legal right for gambling. But there are several other reasons for bitcoin gambling as well like online casinos don’t ask for Id to prove it that you are not underage and I see this as a main reason for the popularity of online bitcoin based gambling industry. Plenty of underage people are involved in gambling online. The other reason is gamblers in remote areas use online gambling to satisfy their need of gambling.
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wahb
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 02, 2017, 08:29:49 PM
#202
Quote from: jerowacik on October 02, 2017, 01:29:43 PM
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.
I think the desire to gambling brings the attention of people to bitcoin gambling industry who somehow can’t manage to enter to a land based casino. People who feel it shame for them to go to casino where they can gamble they chose an easy way to surf bitcoin gambling where they can hide their identity and fulfil the need of greed. Greed is the basic element and the desire to win easy and instant money compels you to become a gambler. Looking at the life of gamblers one can easily judge them with their greedy nature. To hide the greedy nature from the rest of the world they go for bitcoin gambling.
megynacuna
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 02, 2017, 08:58:46 PM
#203
Quote from: wahb on October 02, 2017, 08:29:49 PM
Quote from: jerowacik on October 02, 2017, 01:29:43 PM
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.
I think the desire to gambling brings the attention of people to bitcoin gambling industry who somehow can’t manage to enter to a land based casino. People who feel it shame for them to go to casino where they can gamble they chose an easy way to surf bitcoin gambling where they can hide their identity and fulfil the need of greed. Greed is the basic element and the desire to win easy and instant money compels you to become a gambler. Looking at the life of gamblers one can easily judge them with their greedy nature. To hide the greedy nature from the rest of the world they go for bitcoin gambling.
one thing i've observed is that all bitcoin and crypto-currency gambling websites offers higher odds than their fiat counterparts and that coupled with the convenience of sitting behind your own computer and not a gambling house makes a lot of people crave for the crypto-gambling and hence it's success globally.
szpalata
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 02, 2017, 11:04:27 PM
#204
Well people feel comfortable placing bets at home and watching their favorite teams play(i.e. Sports bettors) and so we have fully embraced Bitcoin and other cryptocurrencies in the betting world because it brings us that ease of accessibility and privacy.
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 03, 2017, 12:46:28 AM
#205
Quote from: szpalata on October 02, 2017, 11:04:27 PM
Well people feel comfortable placing bets at home and watching their favorite teams play(i.e. Sports bettors) and so we have fully embraced Bitcoin and other cryptocurrencies in the betting world because it brings us that ease of accessibility and privacy.
Bitcoin made gambling very accessible with the palm of your hands. Sports Betting would be really fun knowing that you are going to watch it live and see that you can go with it during the games. The gambling industry has become a big impact on the bitcoin economy because it's one of the things that you could earn from.
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Pettuh4
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 03, 2017, 01:26:09 AM
#206
Quote from: crwth on October 03, 2017, 12:46:28 AM
Quote from: szpalata on October 02, 2017, 11:04:27 PM
Well people feel comfortable placing bets at home and watching their favorite teams play(i.e. Sports bettors) and so we have fully embraced Bitcoin and other cryptocurrencies in the betting world because it brings us that ease of accessibility and privacy.
Bitcoin made gambling very accessible with the palm of your hands. Sports Betting would be really fun knowing that you are going to watch it live and see that you can go with it during the games. The gambling industry has become a big impact on the bitcoin economy because it's one of the things that you could earn from.
That's correct, a lot of people are looking to earn from bitcoin on this forum and gambling is also one of the easy ways they could earn from especially the newbies and those lower in rank and so they all strive to gamble for more bitcoins in their wallet that's the reason it is proving to be successful.
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 03, 2017, 07:35:19 AM
#207
Quote from: Pettuh4 on October 03, 2017, 01:26:09 AM
Quote from: crwth on October 03, 2017, 12:46:28 AM
Quote from: szpalata on October 02, 2017, 11:04:27 PM
Well people feel comfortable placing bets at home and watching their favorite teams play(i.e. Sports bettors) and so we have fully embraced Bitcoin and other cryptocurrencies in the betting world because it brings us that ease of accessibility and privacy.
Bitcoin made gambling very accessible with the palm of your hands. Sports Betting would be really fun knowing that you are going to watch it live and see that you can go with it during the games. The gambling industry has become a big impact on the bitcoin economy because it's one of the things that you could earn from.
That's correct, a lot of people are looking to earn from bitcoin on this forum and gambling is also one of the easy ways they could earn from especially the newbies and those lower in rank and so they all strive to gamble for more bitcoins in their wallet that's the reason it is proving to be successful.
Sure, bitcoin has a credit to give the popularity of online gambling sites. Bitcoin make the way to play gambling easily. Also it is correct now a days, online gambling industry get popularity. Owners of gambling sites introduce bitcoin online gambling as a business, but we play it because we want to earn bitcoin. So we both have a choice to earn money from bitcoin.
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crwth
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 03, 2017, 07:40:24 AM
#208
Quote from: noormcs5 on October 03, 2017, 07:35:19 AM
Quote from: Pettuh4 on October 03, 2017, 01:26:09 AM
Quote from: crwth on October 03, 2017, 12:46:28 AM
Quote from: szpalata on October 02, 2017, 11:04:27 PM
Well people feel comfortable placing bets at home and watching their favorite teams play(i.e. Sports bettors) and so we have fully embraced Bitcoin and other cryptocurrencies in the betting world because it brings us that ease of accessibility and privacy.
Bitcoin made gambling very accessible with the palm of your hands. Sports Betting would be really fun knowing that you are going to watch it live and see that you can go with it during the games. The gambling industry has become a big impact on the bitcoin economy because it's one of the things that you could earn from.
That's correct, a lot of people are looking to earn from bitcoin on this forum and gambling is also one of the easy ways they could earn from especially the newbies and those lower in rank and so they all strive to gamble for more bitcoins in their wallet that's the reason it is proving to be successful.
Sure, bitcoin has a credit to give the popularity of online gambling sites. Bitcoin make the way to play gambling easily. Also it is correct now a days, online gambling industry get popularity. Owners of gambling sites introduce bitcoin online gambling as a business, but we play it because we want to earn bitcoin. So we both have a choice to earn money from bitcoin.
I agree with you on that considering that you need to be physically there if you are in a casino compared to gambling sites that accept bitcoin, you are safe in your home. You could dress whatever you like. It depends on how you act when you are in gambling mode or something. It's what matters in the long run, that you make your own destiny in the outcome.
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lorylore
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 03, 2017, 11:15:54 AM
#209
Gambling industry is a huge market in itself but there are a lot of barrels and regulations so it is not easy to enter the market and have a piece of the pie. On the other hand, btc casino can easily get into the market and profit off from it easily and people are also free to gamble without much restriction. That is why the btc casino industry is growing at a rapid pace and more and more btc casinos are appearing.
Maks123
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 03, 2017, 11:32:33 AM
#210
Bitcoin has become popular for paying gambling because it allows you to remain anonymous and very easy to use. I can play with it on sites that are banned in my country.
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 04, 2017, 10:41:42 AM
#211
Quote from: michkima on October 02, 2017, 02:05:39 PM
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.
First of all, gambling is played by millions from all around the world. Gamblers have variety of purpose for playing this game. Some want to have fun while others want to make easy money. The second type is more vulnerable to addiction and destruction. These are the ones who are stolen. Of course, casinos don't care about its customer’s survival. If they will start doing this, there business will be finished.
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 04, 2017, 10:51:35 AM
#212
Quote from: szpalata on October 02, 2017, 11:04:27 PM
Well people feel comfortable placing bets at home and watching their favorite teams play(i.e. Sports bettors) and so we have fully embraced Bitcoin and other cryptocurrencies in the betting world because it brings us that ease of accessibility and privacy.
Yes, Gambling exchanges are allowing people to play gambling by sitting in front of the computer. Many people are now a days feel shy to gambling casino but now when online Casino and gambling makes them to play with fiat and as well as with Bitcoin.
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 05, 2017, 12:27:17 PM
#213
Quote from: Xampeuu on October 02, 2017, 04:28:26 PM
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.
It is very pleased to see that even there are some people who believe bitcoin as an act of shame so that they don’t want to go to casinos to kill themselves.
But as you said that bitcoin gambling is amazingly increasing and there are more people indulging in it due to it anonymous behavior. Bitcoin have many amazing features except this one, it makes me sad.
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 05, 2017, 03:50:38 PM
#214
Quote from: jonatuzc on October 05, 2017, 12:27:17 PM
Quote from: Xampeuu on October 02, 2017, 04:28:26 PM
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.
It is very pleased to see that even there are some people who believe bitcoin as an act of shame so that they don’t want to go to casinos to kill themselves.
But as you said that bitcoin gambling is amazingly increasing and there are more people indulging in it due to it anonymous behavior. Bitcoin have many amazing features except this one, it makes me sad.
Why does it make you sad? Gambling is not something that forced you to deposit money intto casinos or sports books. SOme people are really looking for a way to gamble, and through bitcoins they were able to scratch that itch for gambling. Indeed it may be a waste of money for you, but likely those people itching o gamble would be able to find some other way of gambling even without bitcoins.
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 05, 2017, 05:22:46 PM
#215
Anonymity is the major reason why many prefer Bitcoin. Maintaining it in the e-Wallet is completely anonymous. For instance, depositing and withdrawing through Bitcoin eWallet is anonymous on its own, but in a really great Bitcoin casino, the process of signing up also is completely anonymous. Sites with features like these are the ones that attract many players. Cause gambling is still illegal at some countries, so this is the best feature to free gambling.
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 05, 2017, 08:08:27 PM
#216
Quote from: kidsuzudn on October 05, 2017, 05:22:46 PM
Anonymity is the major reason why many prefer Bitcoin. Maintaining it in the e-Wallet is completely anonymous. For instance, depositing and withdrawing through Bitcoin eWallet is anonymous on its own, but in a really great Bitcoin casino, the process of signing up also is completely anonymous. Sites with features like these are the ones that attract many players. Cause gambling is still illegal at some countries, so this is the best feature to free gambling.
Maybe it sounds funny but I think game Dice is the reason of why bitcoin gambling become popular, I haven't seen any dice which uses usd for playing. I think anonimity don't plays important role because gambler don't has to hide anything and also in most countries gambling is absolutely legal. Bitcoin gambling is easy and you can withdraw money at any time you want and any amount that doesn't exceed number of bitcoins available in hot wallet (that's usually higher than 10 btc). So no need to waste time in verification, no need to wait for payment confirmation from casino and etc.
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 05, 2017, 08:31:25 PM
#217
The main reason why Bitcoin Gambling Industry is successful in the world is the ability to play Onling games without revealing our self nor connecting our bank accounts to these sites. Since Bitcoin can be transacted without any needs for banks. Aside from that, entertain plus activities without any bank intervention is great
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pixie85
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 05, 2017, 09:01:13 PM
#218
Quote from: Maks123 on October 03, 2017, 11:32:33 AM
Bitcoin has become popular for paying gambling because it allows you to remain anonymous and very easy to use. I can play with it on sites that are banned in my country.
If you think so you should really refresh your knowledge about Bitcoin. Bitcoin is not anonymous. It can be tracked with ease since all transactions are visible. The only way to stay anonymous is to buy your coins with cash, because even mixers aren't 100% safe.
If you're using Bitcoin gambling to stay anonymous you are better off with cash.
Joriecoinbit
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 05, 2017, 09:30:43 PM
#219
I think some of the country considered that online gambling is a way to earn bitcoin and that the reason they play bitcoin online gambling. That's why bitcoin gambling so successful in the world.
Hazaki
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Re: Why Is Bitcoin Gambling Industry So Successful in the World?
October 05, 2017, 09:44:26 PM
#220
Bitcoin gambling has succeeded to enter the world of gambling and compete with the biggest and most famous gambling websites due to the advantages it provides to it's users , such as full anonymity and instant cash-shouts/withdraws/money deposits . It also doesn't require any kinds of paper verification and has a big variety to categories that you can bet on .
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