The current situation of the crypto market does not affect my betting strategy. To be honest, I prefer betting in crypto than in fiat. Betting in crypto helps me to accumulate a lot of bitcoin or ethereum whenever I win a bet. I see cryptourrency as a currency which its value changes constantly, once betting with it, the value is of less importance to me. I'm just concern about how i will be able to accumulate more of it...
After all, we can convert our cryptos into fiat or any stable coins as soon as we end our gambling session and buy again whenever we want to gamble. That's for gamblers who don't want to be bothered by the volatility of crypto currencies.
You will be affected by it anyway.
First of all, your gambling session won't last a couple hours. You have to deposit funds, gamble, request your coins to be transferred back which can take hours at some casinos. Also, it's better to use your wallet first and not directly to an exchange, because some services in case of a stuck transaction or any other problems won't refund you unless you can provide ownership of the address. During that process the exchange rate can change by a lot. Also, you will have to pay fees each time you buy and sell your cryptos. I don't think that's worth the struggle.