Did the use of online gambling increase with crypto moneys?

[dams87]

rapid technological developments as well as gambling, not only put real money but now also use digital or crypto money, so there will be no limit in the world of gambling.

[AK47-]

Yes I strongly feel so just like the rest of us. Now I see so many kids being involved in gambling. If you head over to the Loan section, you will see so many people take loan just to gamble and then they pay it back after recovering their money. In one of the telegram groups I saw people begging for money to gamble. So it obviously has left a bad impact on those little kids but nevertheless adoption has increased and the number of users gambling online has surged.

[TheUltraElite]

rapid technological developments as well as gambling, not only put real money but now also use digital or crypto money, so there will be no limit in the world of gambling.

People like the anonymity that crypto provides. Again bitcoin is actually pseudo-anonymous but still people are happy to use it on gambling. Because addicts dont want others to find out about their bad habits because of fear of suffering the guilt they simply resort to crypto to help them. On the other hand casino owners saw this as a good opportunity to monetize the market and thus it became very popular in the crypto world.

Crypto is the only reason I got into gambling, I didn't do any gambling before but a few weeks after knowing bitcoin and earning some, I was a regular over at primedice and luckybit. I think the reason for this is that gambling with crypto is fully anonymous and I was underage which makes for  a great pair.

You should not gamble at underage. Lear to be responsible for your actions.

[Betwrong]

It's hard to say how things have changed in the USA since only three states allow online gambling there, but in the world overall the use of online gambling is definitely increasing. The size of the online gambling market was around 20 billion USD in 2009, is around 50 billion USD now, and is going to be around 60 billion USD in 2020.



Source: https://www.statista.com/statistics/270728/market-volume-of-online-gaming-worldwide/

And, according to BusinessWire, Global Online Gambling Market is estimated to reach USD 81.71 billion by 2022.

Imo the correlation between appearance of crypto money and increasing of online gambling is obvious, but, on the other hand, there might be other factors like increase in using mobile devices  and the Internet in general.

[Mastsetad]

I personally believe so as a lot of people own  bitcoin just to be able to gamble with it, it can also not be traced to you so if you hot big no taxes!!!

It's been far easier to gamble online ever since cryptos came into the system and because of that those who previously barely gambled are now gambling a whole lot because they have easy accessibility.

Before crypto, there is only one option that i.e through fiat money we can gamble, now it is comfortable for everyone because we have multiple options for gambling through cryptos. Gambler finds very convenient to use multiple cryptocurrencies for gambling.

I am really shocked to see here people talking about gambling, first this is bigger crime and a foolish game that is just to lose your money for someone else. And secondly, the biggest one is they are thinking to play with crypto. OMG, really are they out of their minds? Crypto are so important and crucial in this era. They are so hard to buy and here these fools want to lose them so easily?

Of course the use of bitcoin and other crypto increased online gambling because the payment is easy and there in no tension of robbery and looting. The most important thing in online gambling is trust because if you win bet and the site didn’t pay you, you can do nothing and you cannot claim this money elsewhere.so it is necessary to build trust.

[Supercrypt]

rapid technological developments as well as gambling, not only put real money but now also use digital or crypto money, so there will be no limit in the world of gambling.

No limit at all and this makes it easy for people to easily try out that part of them to gamble now that everything can easily be done online without any attachment to banks, one way or the other and I believe this has really made a lot of old gamblers and new gamblers to find a home on the online cryptocurrency casinos due to the anonymity.

Asides that, looking at the way this forum is, and the way a lot of reasons newbies are gambling, it is obvious there is a lot of greed in the atmosphere which makes it easy for people to just fall in, thinking they are going to be making shit load of money from gambling, not knowing it could be the other way round.

[el kaka22]

Yes I strongly feel so just like the rest of us. Now I see so many kids being involved in gambling. If you head over to the Loan section, you will see so many people take loan just to gamble and then they pay it back after recovering their money. In one of the telegram groups I saw people begging for money to gamble. So it obviously has left a bad impact on those little kids but nevertheless adoption has increased and the number of users gambling online has surged.

In fact, it seems that the craziness that cryptocurrency has brought into gambling has increased over the years that online cryptocurrency gambling platforms started.

Now, it is easy for anyone, no matter their age to easily access any gambling platform, do their thing without being tracked and get paid without any issue and this has made this industry to boom as we see even the previous ones now trying to tap into it, as we keep getting to see some ICOs related to that effect lately. I am sure it has increased the number of gamblers hugely.

[7788bitcoin]

We used different deposit methods and there was a lot of fees in the past. What is the link between crypto moneys use and online gambling?

The main advantage of crypto based gambling is that many countries have banned the deposit of money to online gambling sites and this will open up the market from those restriction but the sites in this space have more limit than the fiat based sites which makes it less attractive, we need more competition in this market.

[TheUltraElite]

The main advantage of crypto based gambling is that many countries have banned the deposit of money to online gambling sites and this will open up the market from those restriction but the sites in this space have more limit than the fiat based sites which makes it less attractive, we need more competition in this market.

If gambling has been declared illegal in any country then people of that country should refrain for gambling at all and find some other method to spend their time online or offline. Playing with crypto to appease their gambling appetite is going to land then in trouble once they get caught by authorities. But then again most authorities dont care about crypto related stuff.

There is already a large competition in the crypto gambling scene. I dont think we need more.

[Rinsend]

if I look more deeply about this case, the answer is very clear 'yes' as with the users of crypto, gambling house began to improve its quality premises opened crypto-based gambling, this tetu become one of the main attraction of the users of crypto so that the higher level of online gambling

I am inclined to agree with you my friend and if I have to be honest, it is pretty obvious too of gambling sites accepting digital currencies as this will give them more benefit than usual. If a gambler has the chance to earn bitcoin or any other potential coin and he can do this by sitting on his comfortable couch while eating popcorns or drinking coffee, definitely he won’t bother travelling far to a land based casino. Crypto currencies has provided gamblers new and better way but if don’t recommend this at all.

but I suggest that we occasionally go to land-based casinos. because we also need to meet face to face with the gamblers. especially for poker gamblers. because it is very much in need. when we meet face to face we can get player expression and it can train us to be a pro gambler

[KorakPawon]

if we feel and we search it turns out to be very influential when the users crypto more and crypto gambling is available then the capacity of gambling players increasing in each country the possibility of them trying to get more crypto by gambling from the mine or trade in the taste takes a long time .

[Colt22]

We used different deposit methods and there was a lot of fees in the past. What is the link between crypto moneys use and online gambling?

I think yes with the coming of crypto currencies the users of online casino are increased because with the crypto currencies the users of online casino can deposit their money conveniently and with their banks cards they face many problems. When crypto came they felt convenience and also told their stories to other fellows and they also joined the party and that users increased.

[YTBitcoin]

We used different deposit methods and there was a lot of fees in the past. What is the link between crypto moneys use and online gambling?

The identity was the main issue on these sites before bitcoin. Now people can secure their privacy and they can gamble without showing their banking details. Now even the president of a country can also gamble and cannot be shown to any person even the owner of teh casino do not know that who is currently playing on their online casino.

[ethereumhunter]

We used different deposit methods and there was a lot of fees in the past. What is the link between crypto moneys use and online gambling?

The identity was the main issue on these sites before bitcoin. Now people can secure their privacy and they can gamble without showing their banking details. Now even the president of a country can also gamble and cannot be shown to any person even the owner of teh casino do not know that who is currently playing on their online casino.

I agree with you and now, with deposit using cryptocurrency, we don't have to fill any documents and we can play gambling in any places we want. besides that, we don't have to used fiat to makes a bet in gambling games and we can start with the free coins that available in the gambling sites. I think it will more safe for the gambler to use cryptocurrency than to use the money.

[Topaz72]

We used different deposit methods and there was a lot of fees in the past. What is the link between crypto moneys use and online gambling?

The identity was the main issue on these sites before bitcoin. Now people can secure their privacy and they can gamble without showing their banking details. Now even the president of a country can also gamble and cannot be shown to any person even the owner of teh casino do not know that who is currently playing on their online casino.

I agree with you and now, with deposit using cryptocurrency, we don't have to fill any documents and we can play gambling in any places we want. besides that, we don't have to used fiat to makes a bet in gambling games and we can start with the free coins that available in the gambling sites. I think it will more safe for the gambler to use cryptocurrency than to use the money.

It seems as you are favoring bitocin for so many reason in gambling. I am in high favor of bitcoins but when considered in gambling, I am against those people who are saying like such. Why you people don’t understand the reality of gambling? Why you are just keeping your eyes shut when you see others getting ruined in their lives just because of this gambling? Don’t you learn lesson?

[henmark]

if I look more deeply about this case, the answer is very clear 'yes' as with the users of crypto, gambling house began to improve its quality premises opened crypto-based gambling, this tetu become one of the main attraction of the users of crypto so that the higher level of online gambling

I am inclined to agree with you my friend and if I have to be honest, it is pretty obvious too of gambling sites accepting digital currencies as this will give them more benefit than usual. If a gambler has the chance to earn bitcoin or any other potential coin and he can do this by sitting on his comfortable couch while eating popcorns or drinking coffee, definitely he won’t bother travelling far to a land based casino. Crypto currencies has provided gamblers new and better way but if don’t recommend this at all.

but I suggest that we occasionally go to land-based casinos. because we also need to meet face to face with the gamblers. especially for poker gamblers. because it is very much in need. when we meet face to face we can get player expression and it can train us to be a pro gambler

Such strategies and activities must be planned for your good not for your blast. Why you are killing yourself by going into these casinos. I know you better understand the story and scheme of work of this casino thing, but still you really want to make yourself a loser and make someone else a winner? Don’t do this. This would really be making your life a hell, never go into that brother.

[Barcode_]

My answer would be Yes, as you can see there seems to be more and more online casinos operating nowadays that are accepting crypto-currencies now, this certainly indicates that the online gambling market have grown steadily in the past few years.

[detector]

While you try to gamble with btc, you're doing more risky as much as twice !

Why ?
Let's take a look when you gamble with btc, you're risking your money.
And when btc value suddenly collapse, bitcoin become useless !

[reliable]

rapid technological developments as well as gambling, not only put real money but now also use digital or crypto money, so there will be no limit in the world of gambling.

Crypto has actually being boon for those people who do not have time to move out for casinos or invest money in the wallet of the gambling site. So for btc they can easily transfer to the site and gamble as they like it at any time and from anywhere in the world.

[Maddinson100]

My answer would be Yes, as you can see there seems to be more and more online casinos operating nowadays that are accepting crypto-currencies now, this certainly indicates that the online gambling market have grown steadily in the past few years.

Online gambling is not a very good idea and that most of the traditional gamblers don’t appreciate it but the ones who are having crypto currencies in their wallet are very much interested in doing so and that they are happy to see such thing happening as they can now gamble using their crypto coins as well. This online gambling is gaining attention because of the increase in the awareness rate of the crypto currencies.