Why Is Bitcoin Gambling Industry So Successful in the World?

[Dalmar]

Punters like to be anonymous rather than passing aml/kyc procedure of gambling sites. Gambling industry is growing day by day because gamblers addicted to play in online casinos.With features of anonym gambling in bitcoin casinos brings new level of experience to gamblers.

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[youdacapt]

The gambling industry is very successful because its users are spread evenly mainly get positive attention from officials and influential people in big business, they are involved to invest or just play because gambling is entertaining and has a steadily growing user every day. Attracting people is very easy with the creation of various forms of attractive promotion so that users will not always think about the risks.

[crwth]

The gambling industry is very successful because its users are spread evenly mainly get positive attention from officials and influential people in big business, they are involved to invest or just play because gambling is entertaining and has a steadily growing user every day. Attracting people is very easy with the creation of various forms of attractive promotion so that users will not always think about the risks.

The players are probably blinded by the possibilities of the things that they have that are in front of them. It's amazing to see how much it has progressed and for sure there are a lot of people addicted to gambling and that's where the revenue of the gambling industry come from.

[mirakal]

The gambling industry is very successful because its users are spread evenly mainly get positive attention from officials and influential people in big business, they are involved to invest or just play because gambling is entertaining and has a steadily growing user every day. Attracting people is very easy with the creation of various forms of attractive promotion so that users will not always think about the risks.

The players are probably blinded by the possibilities of the things that they have that are in front of them. It's amazing to see how much it has progressed and for sure there are a lot of people addicted to gambling and that's where the revenue of the gambling industry come from.

Forget about addiction, I am certain that majority of the gamblers are not addicted and the reason why bitcoin gambling industry is successful in the world is because it's easy and not demanding in terms of the amount of bet. There are a lot of good factor that are not present in fiat gambling, with bitcoin gambling you will not comply with KYC and that's a lot of convenient if you are a gambler since you don't tell your personal information, so you can protect it.

[crazycatwoman03]

The gambling industry is very successful because its users are spread evenly mainly get positive attention from officials and influential people in big business, they are involved to invest or just play because gambling is entertaining and has a steadily growing user every day. Attracting people is very easy with the creation of various forms of attractive promotion so that users will not always think about the risks.

That is right. Bitcoin industry is successful because there are many people who finds these "various forms of attractive promotion" interesting, fun and exciting. It tends to attract many people because of its very attractive games that is just right for people at the adult age. For me, the most factor that attracts them is that gambling games also offers high amount of money or you can earn big in here. Some people are attracted to play because they cling in gambling hoping that by winning their problems will be solved easily not knowing that it is just making their problems worst.

[noormcs5]

The gambling industry is very successful because its users are spread evenly mainly get positive attention from officials and influential people in big business, they are involved to invest or just play because gambling is entertaining and has a steadily growing user every day. Attracting people is very easy with the creation of various forms of attractive promotion so that users will not always think about the risks.

That is right. Bitcoin industry is successful because there are many people who finds these "various forms of attractive promotion" interesting, fun and exciting. It tends to attract many people because of its very attractive games that is just right for people at the adult age. For me, the most factor that attracts them is that gambling games also offers high amount of money or you can earn big in here. Some people are attracted to play because they cling in gambling hoping that by winning their problems will be solved easily not knowing that it is just making their problems worst.

Yeah, but before bitcoin, gambling industry was already popular in all over the world but bitcoin promote online gambling industry and bitcoin has a great and unique roll in it. Because before bitcoin people play online gambling with fiat, but only few numbers of people were playing it. But when bitcoin entered in this online world then the bright day has come to promote the online gambling industry. 

[EdenHazard]

Gambling is already a great industry and I don't know how successful the Bitcoin gambling industry is, but many people have started gambling using Bitcoin, including me as previously gambling or betting was illegal in our area, and Bitcoin gave us the opportunity to gamble and bet. Also the anonymity played another great role for the rise of this industry.

yes no doubt that gambling is a big industry, but in modern time people were find it hard to get time and visit casino for gambling, in some countries where gambling was illegal, there it was even more difficult to find a casino and to there for playing gambling. But i think the digital currency made it more easy to play gambling while setting in their house and no need to visit any physical casino.

bitcoin gambling casino are so helpful develop the crypto currency world.

it has big impact indeed , how people buying bitcoin and spend it to gamble. and the amount itself usually are not small, they are high roller that could spend thousands dollar within a day or so. the demands keep growing because of this factor also. as bitcoin for them gives the easiest thing in payment processor world.

[Gheka]

The gambling industry is very successful because its users are spread evenly mainly get positive attention from officials and influential people in big business, they are involved to invest or just play because gambling is entertaining and has a steadily growing user every day. Attracting people is very easy with the creation of various forms of attractive promotion so that users will not always think about the risks.

That is right. Bitcoin industry is successful because there are many people who finds these "various forms of attractive promotion" interesting, fun and exciting. It tends to attract many people because of its very attractive games that is just right for people at the adult age. For me, the most factor that attracts them is that gambling games also offers high amount of money or you can earn big in here. Some people are attracted to play because they cling in gambling hoping that by winning their problems will be solved easily not knowing that it is just making their problems worst.

Yeah, but before bitcoin, gambling industry was already popular in all over the world but bitcoin promote online gambling industry and bitcoin has a great and unique roll in it. Because before bitcoin people play online gambling with fiat, but only few numbers of people were playing it. But when bitcoin entered in this online world then the bright day has come to promote the online gambling industry. 

Well, the gambling industry has existed for so many years, casinos are where we seek good luck and great victories when we are desperate and need money, however, many countries do not accept gambling and it is considered illegal, we will be visited by police when we are gambling. But with the advantage of anonymous, Bitcoin makes gambling becomes easier, especially people who are not old enough to gamble, with bitcoin, they can gamble everywhere they want, that makes Bitcoin gambling industry development and success than ever

[patrickj]

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

Gambling site using bitcoin is very successful because most of gamblers are rich people or just an ordinary man that is addicted to gambling. Besides, if you have money to play for it either you want to make more money or just one of your hobbies when you get bored this will cause you to be fond of gambling and maybe might end in addiction. This is one of the factor why most gambling site became successful because others cannot resist when they start to play despite of win or lose.

[blckhawk]

Gambling is already a great industry and I don't know how successful the Bitcoin gambling industry is, but many people have started gambling using Bitcoin, including me as previously gambling or betting was illegal in our area, and Bitcoin gave us the opportunity to gamble and bet. Also the anonymity played another great role for the rise of this industry.

True, gambling is already a well known business long before bitcoin itself was born. Bitcoin offers more reliable ways to do gamble especially for those who intend to hide their identity in this matter. With the features that bitcoin gave, people feels more secure when comes to gambling compared if they play it with fiat. That is one of  the reason why gambling using bitcoin is so successful.

This is one of the reason why gambling with bitcoin becomes popular because of the things that it does give into particular gambler and it is indeed true that most of us dont really like to show up our identity into those sites which do really require such informations back in the past when we do play tradition fiat gambling which we dont have any choice but to follow on what they are requiring for us to enable to play.

Precisely, bitcoin gambling become popular in the world of cryptocurrency because most of the people are wanted gain profit in easy way. Yet, they are comfortable because they know that their identity is safe.

[BillCoin]

Gambling is already a great industry and I don't know how successful the Bitcoin gambling industry is, but many people have started gambling using Bitcoin, including me as previously gambling or betting was illegal in our area, and Bitcoin gave us the opportunity to gamble and bet. Also the anonymity played another great role for the rise of this industry.

True, gambling is already a well known business long before bitcoin itself was born. Bitcoin offers more reliable ways to do gamble especially for those who intend to hide their identity in this matter. With the features that bitcoin gave, people feels more secure when comes to gambling compared if they play it with fiat. That is one of  the reason why gambling using bitcoin is so successful.

This is one of the reason why gambling with bitcoin becomes popular because of the things that it does give into particular gambler and it is indeed true that most of us dont really like to show up our identity into those sites which do really require such informations back in the past when we do play tradition fiat gambling which we dont have any choice but to follow on what they are requiring for us to enable to play.

Precisely, bitcoin gambling become popular in the world of cryptocurrency because most of the people are wanted gain profit in easy way. Yet, they are comfortable because they know that their identity is safe.

I don't agree with you.
I think that the main reason of bitcoin to become popular, is that at some countries gambling is prohibited, and people who lives in such countries were searching for an alternative way to gamble, to pass the law at other words.
Bitcoin can be a very good solution, as it is really hard for the governments to follow whether you  have gambled or not.
And also you can do it anonymously through the dark net.

[Don Pedro Dinero]

Gambling is already a great industry and I don't know how successful the Bitcoin gambling industry is, but many people have started gambling using Bitcoin, including me as previously gambling or betting was illegal in our area, and Bitcoin gave us the opportunity to gamble and bet. Also the anonymity played another great role for the rise of this industry.

True, gambling is already a well known business long before bitcoin itself was born. Bitcoin offers more reliable ways to do gamble especially for those who intend to hide their identity in this matter. With the features that bitcoin gave, people feels more secure when comes to gambling compared if they play it with fiat. That is one of  the reason why gambling using bitcoin is so successful.

This is one of the reason why gambling with bitcoin becomes popular because of the things that it does give into particular gambler and it is indeed true that most of us dont really like to show up our identity into those sites which do really require such informations back in the past when we do play tradition fiat gambling which we dont have any choice but to follow on what they are requiring for us to enable to play.

Precisely, bitcoin gambling become popular in the world of cryptocurrency because most of the people are wanted gain profit in easy way. Yet, they are comfortable because they know that their identity is safe.

I don't agree with you.
I think that the main reason of bitcoin to become popular, is that at some countries gambling is prohibited, and people who lives in such countries were searching for an alternative way to gamble, to pass the law at other words.
Bitcoin can be a very good solution, as it is really hard for the governments to follow whether you  have gambled or not.
And also you can do it anonymously through the dark net.

Yes. Not only that. People from heavily regulated countries have also found in crypto gambling an alternative to regulated fiat sites.

Gambling has been popular throughout History because it is a low-effort high-possible reward activity and it deals with people’s emotions. To hit a jackpot gives you a high and to be on a long losing streak makes you angry but curiously both emotions tend to make play more.

Gambling has been historically seen by many as a vice. Internet gambling was a change because you could play from home 24/7. This brought privacy and easiness of play.  Crypto gambling is a step further in privacy because not even the casino knows you real identity and has other advantages that have already been pointed out.

[bitalive]

Mostly anonymity as no one wants to be marked as gambler these days. Also, decentralization - no one can trace the money you spend or the money you win - helps to stay safe from government and taxes.

[JL421]

It's not so successful but the amount of players are surely increasing every day. The reason behind this is surely the house edge which is max 1% on most of the gambling sites as well as the ease of gambling you need to put some fake details deposit and withdraw with any personal information to be provided

[BitcoinPC]

It's not so successful but the amount of players are surely increasing every day. The reason behind this is surely the house edge which is max 1% on most of the gambling sites as well as the ease of gambling you need to put some fake details deposit and withdraw with any personal information to be provided

Then i think we should accept that it is successful because you also accept it that everyday players numbers are increasing, also you give us valid reason, in online gambling we could play it even we have no enough money because in it the house edge is very less. In gambling if we want to play but we can't play it because we have no more money, but in online gambling it has solved the problems.   

[PokerFace3]

It's not so successful but the amount of players are surely increasing every day. The reason behind this is surely the house edge which is max 1% on most of the gambling sites as well as the ease of gambling you need to put some fake details deposit and withdraw with any personal information to be provided

That is true. The houses are so clever in this regard, and they are responsible for addiction of these gamblers. When the house edge rates are low, people are more trending to gamble because they think they can have major profit ratio for themselves.

But they don’t know how tricky these houses are. Still gambling is getting more and more fame just because of it is being easy money source.

[FasTroy]

I think that bitcoin gambling industry so successful in the world, because there is a lot of people like too much the fast earning of money, Furthermore they like to gamble in sites which they accept cryptocurrencies, because they find that is easily to use rather than site that accept only fiat, because when you creat an account in a gambling site that accept cryptocurrencies, you will be allowed to play without any kind of verifications, So it's to easy compared to other site that use debit cards.

[BunnyShibe]

I think that bitcoin gambling industry so successful in the world, because there is a lot of people like too much the fast earning of money, Furthermore they like to gamble in sites which they accept cryptocurrencies, because they find that is easily to use rather than site that accept only fiat, because when you creat an account in a gambling site that accept cryptocurrencies, you will be allowed to play without any kind of verifications, So it's to easy compared to other site that use debit cards.

In fact gambling has the magic which attract people to play and put money. people consider gambling as the quicket way of earning money, because gambling do not require proper education, even in some gambling game your previous experience and experience do not have any value, In fact In most of gambling games, specially in dice games you do not need for any experience, therefore people mostly like to invest in bitcoin and to get some profit but I think no one can be lucky for everything.

[boyptc]

I think that bitcoin gambling industry so successful in the world, because there is a lot of people like too much the fast earning of money, Furthermore they like to gamble in sites which they accept cryptocurrencies, because they find that is easily to use rather than site that accept only fiat, because when you creat an account in a gambling site that accept cryptocurrencies, you will be allowed to play without any kind of verifications, So it's to easy compared to other site that use debit cards.

It's one of the most successful industry because the industry itself has the edge to keep on growing because of the assurance that many gamblers will just eventually lose in the end. Fast phase industry, people who wants to earn fast are the ones that will make this industry will be more successful in the near future, no doubt that when someone sees winning good amount of money, he'll be attracted to it.

[KourtneyK]

I think it is successful because of mainly the price you get when you win in Bitcoin Gambling, if you kept the reward then in a year you'll be rich because Bitcoin value keeps on increasing and most of the gamblers strive hard to win that amount.