Bitcoin Forum
May 14, 2024, 05:56:56 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: [1]
  Print  
Author Topic: Preferred currency for gambling  (Read 548 times)
playtin (OP)
Full Member
***
Offline Offline

Activity: 201
Merit: 101


https://playt.in


View Profile WWW
May 19, 2013, 09:35:43 PM
 #1

At our PLAYTIN Casino players can play using Bitcoin or Litecoin.
Now we think to have noticed that players actually prefer to play using Bitcoins.
Even players that played both currencies seems to finally play mostly in Bitcoins.
We are not sure what could be the reason for this. Anyone has an idea?

Zaih
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


View Profile
May 20, 2013, 01:52:46 AM
 #2

I guess it's just the wider adoption of Bitcoin vs. Litecoin? Judging by prices... One can assume to some extent that the amount of people with Litecoin is: "Number of people with Bitcoin"*("Litecoin Price"/"Bitcoin Price") as a percent

That number would be like 2% I'd assume (Not quite up to date on LTC price). So from this you'll probably see 49 BTC bettors for every 1 LTC bettor.

Keep in mind my logic may be way off so feel free to correct me
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!