Lakai01
Legendary
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Merit: 2721
Top Crypto Casino
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April 01, 2020, 04:51:55 AM |
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Has there been a spike in the number of bets being placed since the coronavirus outbreak? How has it affected the number of users signing up and the number of bets being placed at Bustabit?
I honestly wouldn't expect a spike from the Corona crisis. The beneficiaries of the "offline" casino closure are primarily large, well-known casinos that also offer their games online. I tend to assume less that a classic player who is currently no longer allowed to go to the casinos suddenly starts to play on crypto sites. I think that the necessary learning effort is too high, for example: - How do I get Cryptos - Which casinos support crypto payments at all - Why don't I need a KYC here - ... In addition, the games are often different, for example, crash games in offline casinos are only a marginal phenomenon. But of course it would be great if @devans proves my assumptions as wrong
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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GamblingSiteFinder
Full Member
Offline
Activity: 211
Merit: 100
gamblingsitefinder.com
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April 01, 2020, 05:41:30 PM |
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It's in the nature of casinos that some players will lose and some will win. Junya5805 won more than 100 BTC just this month, for example. You can see more examples of players that have won at bustabit on the leaderboard at https://www.bustabit.com/leaderboard. Speaking of leaderboards, I think it'd be helpful if Bustabit added a "Last Played" tab to the leaderboard. This way users can see which big winners/losers are still active on the site.
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Morty4you
Newbie
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Activity: 6
Merit: 0
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April 01, 2020, 07:38:09 PM |
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Site is offline.
Back up.
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dunfida
Legendary
Offline
Activity: 3080
Merit: 1129
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April 01, 2020, 10:32:28 PM |
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I have never really won a big percent in this game ever. I have been playing it for 2 years now while taking breaks occasionally. Most time I would get my capital back but never made any profits as such. I wonder it's just me or it's for everybody.
If you "always" got even, you ran above average. Congrats. Seriously ? I have seen people winning quite a lot from bustabit and so I thought I must be really unlucky to not win good profits. But yes, I never lost much too. Most of the time I made even because I would withdraw the capital and keep playing from the profits. The profits would end eventually but I would still be happy to cover my capital investment. Better luck next time and we know that this is how gambling works,good thing that you're on the break even side.Not all gamblers would have the same fate or situation in talks of their gambling activity.Some do win and some do lost which isnt something new to be surprised on. Been playing with the site on years too and im on negative but it doesnt matter as long i do get the entertainment i seek.
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Lakai01
Legendary
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Activity: 2296
Merit: 2721
Top Crypto Casino
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April 02, 2020, 07:22:43 AM |
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Been playing with the site on years too and im on negative but it doesnt matter as long i do get the entertainment i seek. I second this. I am also on the negative with all my gambling activities I think, if I include my short-term "trading career" as well, then I am definitely ;-) For me, however, gambling is and remains a pure hobby with a short-term entertainment factor. I would also spend money on a cinema ticket or at an evening in a bar, so I don't have any problem with losing some money as long as I am entertained.
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SirLancelot
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April 02, 2020, 08:01:05 PM |
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Has there been a spike in the number of bets being placed since the coronavirus outbreak? How has it affected the number of users signing up and the number of bets being placed at Bustabit?
I honestly wouldn't expect a spike from the Corona crisis. The beneficiaries of the "offline" casino closure are primarily large, well-known casinos that also offer their games online. I tend to assume less that a classic player who is currently no longer allowed to go to the casinos suddenly starts to play on crypto sites. I think that the necessary learning effort is too high, for example: - How do I get Cryptos - Which casinos support crypto payments at all - Why don't I need a KYC here - ... In addition, the games are often different, for example, crash games in offline casinos are only a marginal phenomenon. But of course it would be great if @devans proves my assumptions as wrong I think increase in numbers could happen not because people who play offline regular casino games start to play online, I believe it could happen because online players are now at home and have nothing to do. Normally you have gamblers here, people who gamble on bustabit, but not all of them gamble all together at the same time, they all play on different time zones plus many of them give a break time to time as well, they don't gamble every single day. So, what I assume might happen during this pandemic is those people all actually coming back to gamble and that might result with more people gambling. Not that they are forced to gamble, they can still do something else if they want to, but I just feel like many of them may opt to gamble instead and that could raise the numbers.
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desertfox470
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April 02, 2020, 10:30:51 PM |
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Has there been a spike in the number of bets being placed since the coronavirus outbreak? How has it affected the number of users signing up and the number of bets being placed at Bustabit?
I honestly wouldn't expect a spike from the Corona crisis. The beneficiaries of the "offline" casino closure are primarily large, well-known casinos that also offer their games online. I tend to assume less that a classic player who is currently no longer allowed to go to the casinos suddenly starts to play on crypto sites. I think that the necessary learning effort is too high, for example: - How do I get Cryptos - Which casinos support crypto payments at all - Why don't I need a KYC here - ... In addition, the games are often different, for example, crash games in offline casinos are only a marginal phenomenon. But of course it would be great if @devans proves my assumptions as wrong I think increase in numbers could happen not because people who play offline regular casino games start to play online, I believe it could happen because online players are now at home and have nothing to do. Normally you have gamblers here, people who gamble on bustabit, but not all of them gamble all together at the same time, they all play on different time zones plus many of them give a break time to time as well, they don't gamble every single day. So, what I assume might happen during this pandemic is those people all actually coming back to gamble and that might result with more people gambling. Not that they are forced to gamble, they can still do something else if they want to, but I just feel like many of them may opt to gamble instead and that could raise the numbers. Also many people now utilize things like fanduel casino or their local casino for online betting if their state has it legal. I doubt many people would learn about bustabit.
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Tipstar
Sr. Member
Offline
Activity: 1764
Merit: 280
Smart World Global Token
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April 02, 2020, 11:02:59 PM |
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Has there been a spike in the number of bets being placed since the coronavirus outbreak? How has it affected the number of users signing up and the number of bets being placed at Bustabit?
I honestly wouldn't expect a spike from the Corona crisis. The beneficiaries of the "offline" casino closure are primarily large, well-known casinos that also offer their games online. I tend to assume less that a classic player who is currently no longer allowed to go to the casinos suddenly starts to play on crypto sites. I think that the necessary learning effort is too high, for example: - How do I get Cryptos - Which casinos support crypto payments at all - Why don't I need a KYC here - ... In addition, the games are often different, for example, crash games in offline casinos are only a marginal phenomenon. But of course it would be great if @devans proves my assumptions as wrong I think increase in numbers could happen not because people who play offline regular casino games start to play online, I believe it could happen because online players are now at home and have nothing to do. Normally you have gamblers here, people who gamble on bustabit, but not all of them gamble all together at the same time, they all play on different time zones plus many of them give a break time to time as well, they don't gamble every single day. So, what I assume might happen during this pandemic is those people all actually coming back to gamble and that might result with more people gambling. Not that they are forced to gamble, they can still do something else if they want to, but I just feel like many of them may opt to gamble instead and that could raise the numbers. Also many people now utilize things like fanduel casino or their local casino for online betting if their state has it legal. I doubt many people would learn about bustabit. I didn't calculated it but when I visited the site, the number of online users and the betting volume are too up. It's obvious that people are at home with nothing to do on their free time. Gambling is one of the fun activity they could do without any health risk. And bustabit is a cult on its own.
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Lakai01
Legendary
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Activity: 2296
Merit: 2721
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April 03, 2020, 05:06:56 PM |
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So, what I assume might happen during this pandemic is those people all actually coming back to gamble and that might result with more people gambling. Not that they are forced to gamble, they can still do something else if they want to, but I just feel like many of them may opt to gamble instead and that could raise the numbers.
From this point of view, you are of course right. I related my statement to "new registrations" rather than existing users who are now logging in more often. I also assume that people will now have more time to play, which will increase both online numbers and casino revenue. I didn't calculated it but when I visited the site, the number of online users and the betting volume are too up. It's obvious that people are at home with nothing to do on their free time. Gambling is one of the fun activity they could do without any health risk. And bustabit is a cult on its own.
True that, this can also be seen on other gambling sites. However, not only gambling, but also sites such as Facebook or online news services or games such as World of Warcraft are experiencing increased traffic. It is definitely because people in many countries are now forced to stay within their own four walls due to exit restrictions and therefore spend more time online. Gambling sites are definitely one of the big beneficiaries, since increased online activity also means boosted sales.
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JollyGood
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Activity: 2534
Merit: 1713
Top Crypto Casino
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April 03, 2020, 05:18:32 PM |
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It would be appreciated if devans posts about this when he read the recent posts so any correlation between increases in betting users or bets being placed during the lock down can be analysed. ~snip~ But of course it would be great if @devans proves my assumptions as wrong
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DarkStar_
Legendary
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Activity: 2758
Merit: 3282
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April 03, 2020, 06:34:57 PM |
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It would be appreciated if devans posts about this when he read the recent posts so any correlation between increases in betting users or bets being placed during the lock down can be analysed.
Don't be lazy and look at the stats yourself https://dicesites.com/bustabit
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taking a break - expect delayed responses
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lixer
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April 03, 2020, 07:51:48 PM |
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I am not entirely sure if I am on negative, I haven't checked the stats for a while now but I am also investing, so I might be in "profit" sort of speaking, not because of gambling but because of investing. I started out way back and gambled here and lost a ton of money, however after a while I realized the house always wins, so instead of keep gambling and keep losing money I said maybe I can invest and be the house and not lose any money? It worked out pretty well and right now I have been both invested and gamble as well, sometimes I gamble and lose more than I earn as an investor, sometimes I earn more from investing, it depends all on how much I end up wagering and how lucky I get that day. If I can only stop gambling and only take the profits .
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JollyGood
Legendary
Offline
Activity: 2534
Merit: 1713
Top Crypto Casino
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April 03, 2020, 09:00:16 PM |
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Thank you for the link DarkStar_ I was not aware of it There is no information on the number of sign ups in any given period, maybe that is something devans might elaborate on. According to the information available via the link I would have thought more of an impact would have taken place throughout the graphs since the whole coronavirus related lock down with people more time on their hands while at home. It would be appreciated if devans posts about this when he read the recent posts so any correlation between increases in betting users or bets being placed during the lock down can be analysed.
Don't be lazy and look at the stats yourself https://dicesites.com/bustabit
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beerlover
Legendary
Offline
Activity: 2870
Merit: 1158
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April 04, 2020, 09:01:28 PM |
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There is couple of stuff wrong with that link though. First of all is it just me or do you only see from 18th of march to today, I can't see anything before that, I would love to see some sort of chart that is basically exactly the same but from all of 2020 which we could analyze a lot better to see if lockdown had any affects or not. Secondly this is a second hand place, its not directly from bustabit and I am not 100% trusting a third party with the numbers devans could provide.
I still think we should wait for devans to provide some sort of chart himself, that would be a lot better and further back and more trustworthy. However, it is not something he has to share neither, he doesn't have to do it and that is something I can totally understand if he doesn't.
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SyGambler
Legendary
Offline
Activity: 2436
Merit: 1804
guess who's back
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April 05, 2020, 11:30:20 AM |
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There is couple of stuff wrong with that link though. First of all is it just me or do you only see from 18th of march to today, I can't see anything before that, I would love to see some sort of chart that is basically exactly the same but from all of 2020 which we could analyze a lot better to see if lockdown had any affects or not. Secondly this is a second hand place, its not directly from bustabit and I am not 100% trusting a third party with the numbers devans could provide.
I still think we should wait for devans to provide some sort of chart himself, that would be a lot better and further back and more trustworthy. However, it is not something he has to share neither, he doesn't have to do it and that is something I can totally understand if he doesn't.
the dicesites link right ? data there is accurate and I have been watching it for several months ( there are some days where it broke and will show zero volume for that period till it gets updated by the dev which is usually within 3 days ) it pretty much have everything that investors need to know so not sure what devans can offer more than that regarding the time frame you can adjust it at the bottom
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xxjumperxx
Sr. Member
Offline
Activity: 504
Merit: 265
Buy Bitcoin!
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April 06, 2020, 06:25:43 AM |
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I am not entirely sure if I am on negative, I haven't checked the stats for a while now but I am also investing, so I might be in "profit" sort of speaking, not because of gambling but because of investing. I started out way back and gambled here and lost a ton of money, however after a while I realized the house always wins, so instead of keep gambling and keep losing money I said maybe I can invest and be the house and not lose any money? It worked out pretty well and right now I have been both invested and gamble as well, sometimes I gamble and lose more than I earn as an investor, sometimes I earn more from investing, it depends all on how much I end up wagering and how lucky I get that day. If I can only stop gambling and only take the profits . This! If I can stop playing and just keep the investment I would be fine!
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9900K
Jr. Member
Offline
Activity: 109
Merit: 1
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April 06, 2020, 11:12:55 PM |
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Well, this is something I never expected, nor something that would EVER happen under previous ownership. Just goes to show how downhill this site has gone. As of today, Daniel has disabled my ability to Bet, Withdraw and Tip on Bustabit. Now, that would not be an issue if I hadn't just had a friend repay a loan I gave him, TO MY BUSTABIT ACCOUNT. Essentially bustabit has just stolen about $30 from me. Not a large amount, but its surprising he's that low of a human being to ban me from his service all because of his personal opinion of me. Risking his reputation over a personal opinion he's got against me. Genius move Daniel!
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desertfox470
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April 07, 2020, 02:13:59 AM |
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Well, this is something I never expected, nor something that would EVER happen under previous ownership. Just goes to show how downhill this site has gone. As of today, Daniel has disabled my ability to Bet, Withdraw and Tip on Bustabit. Now, that would not be an issue if I hadn't just had a friend repay a loan I gave him, TO MY BUSTABIT ACCOUNT. Essentially bustabit has just stolen about $30 from me. Not a large amount, but its surprising he's that low of a human being to ban me from his service all because of his personal opinion of me. Risking his reputation over a personal opinion he's got against me. Genius move Daniel! Is there any reason as to why it was restricted? I've personally never had this problem, and play pretty frequently so if it was done for no reason it seems suspicious to me.
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devans (OP)
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April 07, 2020, 02:38:23 AM Merited by malevolent (2) |
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Is there any reason as to why it was restricted? I've personally never had this problem, and play pretty frequently so if it was done for no reason it seems suspicious to me.
While I have suspected that this person has systematically been scamming players on bustabit and bustadice for a while, I generally don't get involved in disputes between players as it's impossible for me to reliably determine who is in the right and who is in the wrong. However, after they admitted to it in private I decided to bar them from both bustabit and bustadice and muted all of their known accounts. Since then they have attempted to evade the ban (presumably to continue conning players) with multiple accounts. On bustabit, all new accounts must wager before being able to chat, so in order to slow their ban evasion down I began temporarily locking withdrawals from their accounts. For what it's worth their account was locked for less than an hour. bustabit generally only locks accounts if I have reason to believe an account might have been compromised. In these cases the locks are only temporary as well and (hopefully) allow the account's legitimate owner enough time to ensure they have sole control of it. It's worth restating that bustabit never prevents players from withdrawing their funds, even if they fail or refuse a KYC check, for example.
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devans (OP)
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April 07, 2020, 02:42:16 AM |
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Thank you for the link DarkStar_ I was not aware of it There is no information on the number of sign ups in any given period, maybe that is something devans might elaborate on. According to the information available via the link I would have thought more of an impact would have taken place throughout the graphs since the whole coronavirus related lock down with people more time on their hands while at home. I'll compile some information on the number of new accounts tomorrow. However, the number of accounts doesn't reflect bustabit's popularity well as some players use multiple or throwaway accounts. The wager volume is a much more reliable indicator.
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