How did today bullish trend affect gambling!

[Idrisu]

Bitcoin went as higher as $4909 today on some exchanges platforms!  It is the highest this year and will like to find out how does today sparked affect gambling and betting?

[traderethereum]

Not much I think because people still gambling and they don't have to just bitcon only. They can also use altcoin to play gambling and you know that. Unless bitcoin price could go higher for more than $10,000 then it will give affect to gambling and betting and people doesn't have to use big money to bet.

[TopTort777]

I think due to todays growth, gambling sites will decrease the maximum amount win in games. For example stake.com has limit in 10 btc in dice game (if I’m not mistaken). It is 41k$ or 47k$ for the maximum win. Huge gap between this two.

[DeathAngel]

Bitcoin went as higher as $4909 today on some exchanges platforms!  It is the highest this year and will like to find out how does today sparked affect gambling and betting?

People are obviously going to adjust their stakes. The amounts in bitcoin that people are gambling with will be less, presumably.

[Bitinity]

Bitcoin went as higher as $4909 today on some exchanges platforms!  It is the highest this year and will like to find out how does today sparked affect gambling and betting?

People are obviously going to adjust their stakes. The amounts in bitcoin that people are gambling with will be less, presumably.

It depends on the gamblers, some may adjust their stake but some other may not care about it. I myself prefer to adjust my stake and I keep on using my local fiat currency as the main value so I wont go higher than what I should.

[SyGambler]

Bitcoin went as higher as $4909 today on some exchanges platforms!  It is the highest this year and will like to find out how does today sparked affect gambling and betting?

well it's obvious some people lowered their stake and others didn't change it
personally lowered my stake since I bet on sports and I have to calculate my profit and bankroll in Euros just to know how good I'm doing in case I decide to do it for a living
so my bankroll is divided between fiat and btc

overall there is no real answer for this and it depends on the gambler , but my guess volume should be lower at least in sportsbetting sites and poker where there is a good percentage of people who do these for a living

[TheNewAnon135246]

It means that this year's profit became even more valuable !

[klaaas]

If you calculate bets towards fiat currencies it will impact on movements like this.
The ones aiming on crypto gains are not bothered about it to much. Maybe the crypto casinos saw more in house conversions so people switch the coins they are playing.

[leowonderful]

I'm still gambling the same amount in USD weekly, though this does mean I am betting less in terms of Bitcoin. Might put in a bit more BTC as my holdings have appreciated in value quite a bit with this little bump in price. I don't think this particular bullish movement's going to massively impact gambling, but BTC getting some more attention might expose some more people to the world of crypto gambling.

[dunfida]

Bitcoin went as higher as $4909 today on some exchanges platforms!  It is the highest this year and will like to find out how does today sparked affect gambling and betting?

It doesnt really affect at all but for those who make some serious profits on bitcoin and some top alts yesterday do have some significant rise on their bankroll in terms
of Dollar rates yet we have seen that the price had bumped up this day and if those funds are still on intact and not have being spent or lost on gambling again then
its a sure profits but well i dont see that it would be a big impact as of this moment.

[XCANA]

I think due to todays growth, gambling sites will decrease the maximum amount win in games. For example stake.com has limit in 10 btc in dice game (if I’m not mistaken). It is 41k$ or 47k$ for the maximum win. Huge gap between this two.

The effect of the current bullish trend has not yet affect the gambling platforms positively because the price still looks low for it to be felt. Still vividly remembered the market price back in 2017 which generally cut across all cryptocurrency platform with positive effect, so, let wait till the bullish trend get start.

[AmoreJaz]

I think due to todays growth, gambling sites will decrease the maximum amount win in games. For example stake.com has limit in 10 btc in dice game (if I’m not mistaken). It is 41k$ or 47k$ for the maximum win. Huge gap between this two.

that is expected to happen to most of the gambling sites. they will lower the max amount of winnings.
more then likely more gambling sites will be created also. and we are already seeing it. online casino sites, dice sites created recently. more to come
with the introduction of more sophisticated online casino sites, no wonder those who are not previously gamblers will be a gambler very soon...

[Zadicar]

I think due to todays growth, gambling sites will decrease the maximum amount win in games. For example stake.com has limit in 10 btc in dice game (if I’m not mistaken). It is 41k$ or 47k$ for the maximum win. Huge gap between this two.

that is expected to happen to most of the gambling sites. they will lower the max amount of winnings.
more then likely more gambling sites will be created also. and we are already seeing it. online casino sites, dice sites created recently. more to come
with the introduction of more sophisticated online casino sites, no wonder those who are not previously gamblers will be a gambler very soon...

It would really just still be the same. Their bankroll had increased too so it wont really be a big problem at all yet the gap isnt really that much since gamblers do still be way more than usual in terms of usd.

[crzy]

Bitcoin went as higher as $4909 today on some exchanges platforms!  It is the highest this year and will like to find out how does today sparked affect gambling and betting?

If you bouth your bitcoin at a cheaper price and choose to gamble it and luckily you won a price, i think that value of bitcoin has already high and that makes you more profitable. Bitcoin can’t affect much the gambling market but as a gambler you appreciate its expensive value in the long run.

[harizen]

Bitcoin went as higher as $4909 today on some exchanges platforms!  It is the highest this year and will like to find out how does today sparked affect gambling and betting?

Pointing to gamblers it not have does much effect. Gamblers will always be gamblers so their behaviour whatever the trend is still the same when doing gambling.

And besides, I don't see $41-- to $49-- as big deal in terms of affecting gambler's behaviour. The pump surprises everyone because no such thing happen during the whole 2018. But back in 2017, that range of price increase movement is quiet not surprising so people are used to it.

Pointing to gambling site, there maybe some changes about winnings but I believed majority will still be the same as usual.

Bottom line, every gamblers have different approach on the current trend. It's up on their own view if they will changed their usual gambling activity.

[boyptc]

The lower sats has now higher value if you are mostly checking the USD rates on how much you gamble.  

[crwth]

It hit $5200+ as I remember in my exchange and I was surprised that it flew so much with so little time. I guess I’m not supposed to be this surprised knowing that it’s Bitcoin. I think a lot of people was liquidated and a lot of people also got high percentage of win with it. It just how you bet on it. It’s going to be hard

Anyways, I think it could affect gambling knowing that you are risking even more than you actually are and the thought of gambling bigger money could definitely affect you in some way. Making you scared to continue, I guess that’s for me.

[imstillthebest]

I dont know on some gamblers if the pump affect their gameplay but for me it really does  .  when the price of bitcoin pumps , i dont usually gamble because i feel that my bitcoins are more valueable  .  i cant afford to loose them .  i instead hold them and sell them when the value peaks more  .  i only resume playing gambling as soon as the pump subsided  .

[kawetsriyanto]

In my opinion, it may influence gambling. However, it will depend on each gambler to decide. The bullish market (I think it is just a starter, not bullish one) really surprises us in one day. The influence may lay on the amount of the stakes of each gambler and also each gambling game. However, if someone really loves gambling, it may not give influence that big.

[Oasisman]

Some gamblers may lower their stakes, but I guess it doesnt have in major effect on gambling except the amount of Bitcoin or alts at risks, and the amount that can be won is higher now compared the last Bitcoin price.