Did the use of online gambling increase with crypto moneys?

[TheUltraElite]

No doubt crypto currencies have increased the use of online gambling, people now can play gambling without visiting a casino but can play it from their homes, even in such countries where all formats of gambling are consider as illegal even there people can play gambling very safely and without being trace by law and forces agencies. 

There is a bad side to this as well. Scammers often set up sites for people to play and lure them into depositing there. Of course if you are a veteran in the crypto space you would be knowing this forum and would like to do some research before you deposit money anywhere. But for those coke addicts who are in it for the adrenaline rush just giving them a link to play with their money would make them join it and waste money there because they would not care to check it at first.

The use of crypto currencies no doubt increase the gambling activities especially in young people.

As long as they are responsible adults it wont matter.

[davinchi]

Online gambling that uses bitcoin or other altcoin can increase crypto value. Depend on how much they put in money from that online gambling site, because that online gambling site who owns is also using or buying coins in the market.

We can expect that online gambling will increase in the future and will be popular among the gamblers. Besides that, with the online gambling, people will know that they can easily to playing gambling, and they don't have to deposit the fiat to the site, and they only need to buy crypto and send it into their account. We should realize that online crypto gambling gives a place to introduce the crypto itself to the people and when people knows about crypto, soon they will learn more about the crypto.

I hope that very soon governments will also give full support to crypto currencies. I hope that it will be easier for the people to use crypto currencies for different purposes. I hope that crypto currencies will more easy and convenient for the people to use it for playing gambling online. I guess in near future gambler will never need to convert their local currencies into other crypto currencies but can use a single currency throughout the world..

[eann014]

Online gambling has increased the number of crypto gamblers. Even those gamblers that didn't aware of crypto has to adopt it willingly so they can enjoy the perks of crypto gambling like...

• low fees
• quick transfers

Yes i think both gambling and crypto has helped each other grow more. At one side you can say that gamblers came to know about crypto but on the same time its the crypto users who started gambling after they had to gather digital money.

For some gamblers, crypto and online gambling are ideal partners. Both can be complementary and mutually beneficial. Online gambling with cryptocurrencies will certainly give a big role in the continuity of crypto itself and cryptocurrencies provide convenience in many things to the gambling industry.

In some way, there's an impact in crypto when we play online gambling. Online gambling with crypto is really a good match, it has a very convenient way to bet using bitcoin. I am not an addicted player of gambling but I am a player but I know when to play or not. So, as a player of gambling I also have some part of increasing of crypto moneys. 

[FaireumOfficial]

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 ability to gamble with a sense of anonymity, that was once not really possible, the security, quickness and overall convenience of depositing with cryptos are just some of the many factors that have helped in the growth of popularity of online gambling. Also, just the accessibility of it is a huge factor of its rise. When a bet is just a click of a button away, it's tough to resist the temptation.

[Johnyz]

The use of crypto currencies no doubt increase the gambling activities especially in young people.

As long as they are responsible adults it wont matter.

That's true, since they can easily gamble online without giving their true information. Cryptocurrency just make online gambling more convenient though it is not accurate to say that this is the reason why gamblers increase their interest to play online. Young gambler might be in high risk since its too hard for them to control their emotion, they have to be responsible on that.

[micher143]

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 link that can obviously be seen between using crypto money for online gambling is the conveniency ofcourse. Because such methods of paying through cash or through credit cards iss a hassle right now but due to the existence of crypto money, you can now continuously play with enjoyment into online gambling sites because payment, deposits and withdrawals are now made easy by using crypto money for playing online gambling. The essence of using crypto money for online gambling is the reason why such gambling sites caters the acceptance or usage of crypto for transactions just like the online casino where I am up into that accepts Bitcoin for convenient deposits in which you can have a bonus welcoming reward once you have done your first deposit on it.

[louisedem]

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 link that can obviously be seen between using crypto money for online gambling is the conveniency ofcourse. Because such methods of paying through cash or through credit cards iss a hassle right now but due to the existence of crypto money, you can now continuously play with enjoyment into online gambling sites because payment, deposits and withdrawals are now made easy by using crypto money for playing online gambling. The essence of using crypto money for online gambling is the reason why such gambling sites caters the acceptance or usage of crypto for transactions just like the online casino where I am up into that accepts Bitcoin for convenient deposits in which you can have a bonus welcoming reward once you have done your first deposit on it.

The same thing what runs into my mind. Since online gambling sites uses crypto money for convenient money deposits so that players can enjoy playing into their sites with no hassle, therefore, it is a yes that online gambling increases with crypto moneys since both applies conveniency toward the usage of the player. Now I get into curiosity about that online casino you were talking about that gives welcome bonus for doing first deposit on it.

[virasog]

This has given the possibility to gamble even to countries where the goverment is repressive about gambling.

That's very true, i watch a documentary once on how crypto gambling is breaking barrier in Africa country like kanye and uganda the youths can now gamble freely wthout the fear of getting arrested or traced. The blockchain technology in collaboration with cryptocurrency makes everything it get applied on looks more attractive, easier and dencentralized, gambling is benefiting from that.

No doubt crypto currencies have increased the use of online gambling, people now can play gambling without visiting a casino but can play it from their homes, even in such countries where all formats of gambling are consider as illegal even there people can play gambling very safely and without being trace by law and forces agencies. The use of crypto currencies no doubt increase the gambling activities especially in young people.

Crypto currencies  have changed many things and gambling is most influenced by it.  Now people can play gambling at the comfort of the home because of bitcoins. Also it is now possible to by pass any restrictions on gambling whether it be age or illegal, it can still be played with bitcoins, as bitcoins is anonymous and can't be traced.

[micher143]

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 link that can obviously be seen between using crypto money for online gambling is the conveniency ofcourse. Because such methods of paying through cash or through credit cards iss a hassle right now but due to the existence of crypto money, you can now continuously play with enjoyment into online gambling sites because payment, deposits and withdrawals are now made easy by using crypto money for playing online gambling. The essence of using crypto money for online gambling is the reason why such gambling sites caters the acceptance or usage of crypto for transactions just like the online casino where I am up into that accepts Bitcoin for convenient deposits in which you can have a bonus welcoming reward once you have done your first deposit on it.

The same thing what runs into my mind. Since online gambling sites uses crypto money for convenient money deposits so that players can enjoy playing into their sites with no hassle, therefore, it is a yes that online gambling increases with crypto moneys since both applies conveniency toward the usage of the player. Now I get into curiosity about that online casino you were talking about that gives welcome bonus for doing first deposit on it.

I am sure you want to know more about it. You can have a check on this online casino by doing a quick visit and check it for yourself.

[ethereumhunter]

Online gambling that uses bitcoin or other altcoin can increase crypto value. Depend on how much they put in money from that online gambling site, because that online gambling site who owns is also using or buying coins in the market.

We can expect that online gambling will increase in the future and will be popular among the gamblers. Besides that, with the online gambling, people will know that they can easily to playing gambling, and they don't have to deposit the fiat to the site, and they only need to buy crypto and send it into their account. We should realize that online crypto gambling gives a place to introduce the crypto itself to the people and when people knows about crypto, soon they will learn more about the crypto.

I hope that very soon governments will also give full support to crypto currencies. I hope that it will be easier for the people to use crypto currencies for different purposes. I hope that crypto currencies will more easy and convenient for the people to use it for playing gambling online. I guess in near future gambler will never need to convert their local currencies into other crypto currencies but can use a single currency throughout the world..

I hope so, and we don't have to afraid of breaking the law in our country. We could use crypto freely, for playing gambling and for another thing like we used fiat.

It will happen soon, let the time answer that and we need to collect more and more from now on before it's too late. With crypto, I think we will see a new world with an easy way to make a transaction.

[xvids]

I think it does ,
I think due to crypto gambling we attracted some gamblers to play and earn in crypto,
To be honest I also have some friends who started earning in crypto just to play in some gambling sites.

[semobo]

I think it does ,
I think due to crypto gambling we attracted some gamblers to play and earn in crypto,
To be honest I also have some friends who started earning in crypto just to play in some gambling sites.

Gambling not a way of earning money so if you care about your friend make them understand what is gambling but yes the activity increases lot by online crypto gambling due to low bet amounts,no registration and anonimity.

[sunsilk]

I think it does ,
I think due to crypto gambling we attracted some gamblers to play and earn in crypto,

It certainly does, the use of crypto's with online casino's increased the demand for cryptocurrencies. And you can see on how many crypto casino's are there today operating. That's a hint that the demand for it is high and they keep on coming.

But it doesn't mean for a casino to become successful if they will simply accept crypto on their platform. Getting traffic is still hard for one business and it's up on them on how they will do that.

To be honest I also have some friends who started earning in crypto just to play in some gambling sites.

Your friends I think are gamblers from the very start and knows that there's no urgency for their information required to start gambling online unlike the usual casino.

[LUCKMCFLY]

Totally, in my country as a university student I played a lot in casinos, then these games declared them illegal, apart from me there was a large population of people who went every day to bet their money without qualms.
After the arrival of the platforms, many play online, change their money to Bitcoin and enter to have fun, the only thing is that it is no longer with the meals or drinks that were distributed at that time, but some do it from the comfort of home .

[bitgolden]

Crypto currencies  have changed many things and gambling is most influenced by it.  Now people can play gambling at the comfort of the home because of bitcoins. Also it is now possible to by pass any restrictions on gambling whether it be age or illegal, it can still be played with bitcoins, as bitcoins is anonymous and can't be traced.

Crypto currencies is providing good facilities and comfort for the people to play gambling, but on other side its even not good to pass some serious restrictions of governments on gambling. For example online gambling make it easy for underage and children to play gambling where they are restricted to enter a casino. They can easily visit a online casino and which is I think too much serious issue for the young children.

[TheUltraElite]

I think due to crypto gambling we attracted some gamblers to play and earn in crypto,

Gamblers were trying to find a method to play without letting anyone know of their addictions. So they resorted to online gambling and then online cryptocurrency gambling.

To be honest I also have some friends who started earning in crypto just to play in some gambling sites.

Waste of time I would say if they are gambling the money away. Instead stocking up on bitcoin and other coins to sell during a bull run is a wise decision. But hey. whatever makes you feel good it good for you.

Gambling not a way of earning money so if you care about your friend make them understand what is gambling but yes the activity increases lot by online crypto gambling due to low bet amounts,no registration and anonimity.

It is not a method of earning for the players. For the owners it is a very profitable method of income. Again I would hope people understand this and keeps a certain regulation on their gambling habits.

[Ucy]

Most online gamblings are probably fiat based.  So the right question should be "did the use of crypto based gambling increases with cryptocurrency?"
I guess it did.

[jademaxsuy]

No, usually not all times that one is lucky and always end up winning in a bet. Therefore, gambling is not a tool for increasing crypto money. The best thing about gambling is to enjoy winning and at the same time being sad when losing. LOL, BTW, the exciting part on playing especially in an online betting casino were the exciting price or rewards like jackpot. Thus, it could compensate the loses if one will get more luck.

[Vishnu.Reang]

There was an obvious increase in online gambling after cryptocurrency was invented, but it is extremely difficult to quantify the volumes. Most of the gambling sites operate in a semi-legal manner and they will almost never reveal their total revenues and profit.

[xWolfx]

There was an obvious increase in online gambling after cryptocurrency was invented, but it is extremely difficult to quantify the volumes. Most of the gambling sites operate in a semi-legal manner and they will almost never reveal their total revenues and profit.

Yeah that is the problem with the crypto-world, the compliance part is something optional since they can operate practically everywhere with internet connection.

That lack of formality in that particular aspect makes it really difficult to analyze data and being able to visualize it and show it to the public which makes researching it extremely difficult. At least the increase is obvious like you said and for that part the question is answered.

Now another question rises, how much did it increase?