Did the use of online gambling increase with crypto moneys?

[jonatuzc]

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.

It less depends on your age and more depends on your knowledge, if you know the tricks and ways straight towards success then you will win and if not then you will face with unfavorable situations. We have seen kids with a lot of knowledge about gambling and are called experts.

These mini experts are earning online sites. However the age limit is restricted in many countries but you know online system made it easy for them to gamble.

[kenziefried]

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.

Crypto is more than a boon for those people who want to earn money through them, respectably. No one wants to use bitcoin and other coins for gambling. Why to waste such important coins in such wasted and weird game where you are even not able to get back your loss. You are just useless for house once you are lost and have got nothing in your pocket. Wake up.

[super5star]

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.

Yeah I also think that online gambling has increased with cryptocurrency because the payments and receipts are easy than before. Now you can pay from your wallet and receive your winnings in your blockchain wallet. With the increase of cryptocurrency, online gambling also increased. Now ordinary people who have no experience of gambling also gambling online.

[TheUltraElite]

It less depends on your age and more depends on your knowledge, if you know the tricks and ways straight towards success then you will win and if not then you will face with unfavorable situations.

What are you talking about? Gambling is always a loss unless you get lucky. There exists no methods to get a 100% win streak. In gambling the game is designed to make you lose in one time if you keep on playing. All those bullshit about secret methods and winning methods is pure crap.

We have seen kids with a lot of knowledge about gambling and are called experts. These mini experts are earning online sites. However the age limit is restricted in many countries but you know online system made it easy for them to gamble.

You have seen nothing and are commenting out of the blue. Underage gambling is punishable well. Stop making up false stories in order to get your daily posts done so that you can get paid.

[arinalwa]

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.

Now people have more opportunities for gambling. Traditional gambling and online gambling as well. It means that now with casino owners site owners are also collecting our money. They are accepting bitcoin for their gambling sites. It means that they want to hold your hard earn money easily. Every user of internet wants to make money through online gambling but the end is different.

[Batman_Bitman]

It less depends on your age and more depends on your knowledge, if you know the tricks and ways straight towards success then you will win and if not then you will face with unfavorable situations.

What are you talking about? Gambling is always a loss unless you get lucky. There exists no methods to get a 100% win streak. In gambling the game is designed to make you lose in one time if you keep on playing. All those bullshit about secret methods and winning methods is pure crap.

We have seen kids with a lot of knowledge about gambling and are called experts. These mini experts are earning online sites. However the age limit is restricted in many countries but you know online system made it easy for them to gamble.

You have seen nothing and are commenting out of the blue. Underage gambling is punishable well. Stop making up false stories in order to get your daily posts done so that you can get paid.

May be you are right but it is true that online gambling is all about luck and no tricks can be used in online gambling. No doubt the end is always worst and you will lose all or some of your money if you quit in the middle. I have never seen a gambler who made a lot on money from gambling online or offline. Both have bad results overall and will leave you in debts.

[ethereumhunter]

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.

Now people have more opportunities for gambling. Traditional gambling and online gambling as well. It means that now with casino owners site owners are also collecting our money. They are accepting bitcoin for their gambling sites. It means that they want to hold your hard earn money easily. Every user of internet wants to make money through online gambling but the end is different.

I think people now can choose what gambling type that they can use to play the games and it will make the owner of traditional gambling and online gambling will compete to attract more customer to their site. this will make them work harder so their site can have much of member that will visit regularly to their site. and with the user of the crypto in gambling online, I think this will open another opportunity to the owners to diversify their investment in the gambling field.

[Mastsetad]

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.

Yeah you are right. My country also banned such sites and you cannot invest in such gambling sites. Bitcoin and other Altcoin are the easiest way to deposit your money because cryptocurrency is still decentralized in many countries and they do not allow trading in crypto. Therefore many gambler use crypto for their gambling addiction.

[doomloop]

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.

Yeah you are right. My country also banned such sites and you cannot invest in such gambling sites. Bitcoin and other Altcoin are the easiest way to deposit your money because cryptocurrency is still decentralized in many countries and they do not allow trading in crypto. Therefore many gambler use crypto for their gambling addiction.

If someone wants to earn money through such new technological sources then there are hundreds of others as well. Don’t just rely on gambling as it wouldn’t be any helpful to anybody. Just see, for a long time, about more than few centuries, this gambling is being played out here in this world. But we couldn’t find any person that advices us to gamble once he left it.

[bhadz]

New days where people wants to gamble with crypto's makes them look cool but that's not really the thing. The more usage for cryptocurrencies like to be used in casino's makes it demand goes up.
And it's helping to make the price, the market cap higher which everyone benefits. Some other gamblers aren't confident to gamble with fiat and needs to verify their identities with the usual online casino's though some crypto casino's are doing this but mostly don't which is an advantage for an anonymity seeking gambler.

[rocketbits]

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.

Yeah you are right. My country also banned such sites and you cannot invest in such gambling sites. Bitcoin and other Altcoin are the easiest way to deposit your money because cryptocurrency is still decentralized in many countries and they do not allow trading in crypto. Therefore many gambler use crypto for their gambling addiction.

Yeah it is only crypto that increased the ratio of online gambling. Now many people gamble with their holding because they want to make more and more money in less time but it is their thoughts and nothing more. Finally they lose all their money and their wallets have been cleaned up by site controllers. Better not to gamble with your holdings.

[TheUltraElite]

Yeah it is only crypto that increased the ratio of online gambling.

Online gambling includes both fiat and crypto gambling. If you look into the industry then it is evident that crypto is still having a cult following and thus less popular among people. Fiat gambling is still the bigger one.

Now many people gamble with their holding because they want to make more and more money in less time but it is their thoughts and nothing more.Finally they lose all their money and their wallets have been cleaned up by site controllers. Better not to gamble with your holdings.

Someone who is holding coins has some idea behind holding it. They are probably looking the price to moon in order to sell in future. If they have made up their mind then would not waste the coins on gambling. After all I dont expect an experienced trader to fall prey of the gambling vicious cycle. But then again there are exceptions.

[nelsledma]

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.

Yeah you are right. My country also banned such sites and you cannot invest in such gambling sites. Bitcoin and other Altcoin are the easiest way to deposit your money because cryptocurrency is still decentralized in many countries and they do not allow trading in crypto. Therefore many gambler use crypto for their gambling addiction.

Yeah it is only crypto that increased the ratio of online gambling. Now many people gamble with their holding because they want to make more and more money in less time but it is their thoughts and nothing more. Finally they lose all their money and their wallets have been cleaned up by site controllers. Better not to gamble with your holdings.

We all want crypto to be spread over the world. We want it to be pervaded in every single corner of the world so that later on it can become supreme currency of the whole world. But that seems not possible if you people start losing them in this gambling. Make good use of crypto. Don’t let your money destroy you. Make yourself understand what is right and what is wrong.

[crazycatwoman03]

New days where people wants to gamble with crypto's makes them look cool but that's not really the thing. The more usage for cryptocurrencies like to be used in casino's makes it demand goes up.
And it's helping to make the price, the market cap higher which everyone benefits. Some other gamblers aren't confident to gamble with fiat and needs to verify their identities with the usual online casino's though some crypto casino's are doing this but mostly don't which is an advantage for an anonymity seeking gambler.

True, online gambling helps in increasing the demand for the cryptos which helps us all but I do have a concern when it comes to age limit. I know that gambling for minors are punishable and very much unacceptable but the anonymity that online gambling is giving can hide this. Through anonymity minors can easily access gambling sites and even state a wrong age to be able to play. Online gambling might increase the market demand but it also increases the number of young people gambling.

[Ranly123]

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?

Using cryptocurrency as method of payments let's the user bet in online casinos with anonymity and without fear of being known. There is a big difference when you are using Fiat currency where you disclose your identity just to play and bet in online casinos.

[ZZ8ZZ]

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.

That's why I try to stay away from the loans section and gambling in general, because this stuff is crazy. Once you get addicted to this stuff, there's no going back  I managed to reach the withdraw minimum few times from the faucet in the past, but it's not really worth the time and I'm sure that once I deposit a decent amount of BTC - I'll lose it all

Did the use of gambling increase with crypto? Probably, if you check few graphs from various sources around the internet, you can see that the numbers constantly increase, the numbers of new and new crypto gambling sites are increasing too.

[Sithara007]

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?

Here in India, all forms of gambling are illegal and therefore it is quite risky to participate in it through online sites. If you make a payment using your credit card, then the government can trace the transaction back to you. Making payment with BTC or ETH offers more protection.

[paul00]

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?

Here in India, all forms of gambling are illegal and therefore it is quite risky to participate in it through online sites. If you make a payment using your credit card, then the government can trace the transaction back to you. Making payment with BTC or ETH offers more protection.

You are right gambling using bitcoin are untraceable but what if there will be KYC on the gambling site youve played you will still continue to gamble there or will you stop and move to another gambling site that do not requires KYC.

[aTriz]

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 !

Yeah online gambling has increased with cryptocurrency. Now many gamblers use crypto in online gambling. It is right that gamblers are using not only money but also their business. I am not in favor of using crypto for online gambling, but the problem is this that there is no other currency which is usable in online gambling. Better not to gamble online.

[betMaster]

Online gambling have existed way before cryptos were first introduced to the world in 2009 and way before then , many very known gambling bookies have existed and made themselves a worldwide reputation and attracted users from all over the world . The only thing that crypto gambling websites added or shall i say removed is the ID checking of each individual since all crypto gambling websites don't require any identification and all they need is wallet addy , so many people who were skeptical and didn't want to give up their identity to gambling websites went in mass to these new crypto bookies that offered them full anonymity .