COVID-19 and its effect in Gambling World

[joshy23]

The number of cases has increased a lot in just a short period of time. My sympathy goes to Italy, the president cried and it's terrible there. How I wish that this crisis will be ending within a few span of time.

Necessities first before gambling.

Good point, necessities before any thing else. This virus hurts most countries economy and before thinking of anything.
Keep safe and stay with your family you'll be able to survive if you have enough funds, be wise in this crisis period we
do need more reserve money than using it for any leisure activities.

[Ziskinberg]

Keep safe and stay with your family you'll be able to survive if you have enough funds, be wise in this crisis period we
do need more reserve money than using it for any leisure activities.

I'm sure everyone is aware of that, let us not gamble like we usually do when there was no pandemic yet as we might need that funds if the pandemic will stay longer. Gambling does not guarantee a win and although we say that we are gambling for fun but we still need to be careful as one mistake might destroy our finances and we might struggle to survive in this crisis.

[8coins]

Anyway it seems that volumes of gambling dapps are about the same...

[rodskee]

Anyway it seems that volumes of gambling dapps are about the same...

can you share some graphs ?sorry but i don't know how to check about how each sites incoming profit or losses?
is there any way to find if my Favorite sites income now?comparing from the past when corona still not in scene?
but i think there are more traffic now as players from real life casinos are doing online now because of the lockdown?

[Botnake]

Anyway it seems that volumes of gambling dapps are about the same...

can you share some graphs ?sorry but i don't know how to check about how each sites incoming profit or losses?

Some sites divulge their profit, some not, for sites that accept investment, they are sure sharing their profit to be transparent to their investors but most of the gambling sites does not accept investment, so we won't know. Let's just use a simple analysis here, the fact that they remain in operation, that means they are profitable in their business.

[imstillthebest]

Keep safe and stay with your family you'll be able to survive if you have enough funds, be wise in this crisis period we
do need more reserve money than using it for any leisure activities.

I'm sure everyone is aware of that, let us not gamble like we usually do when there was no pandemic yet as we might need that funds if the pandemic will stay longer. Gambling does not guarantee a win and although we say that we are gambling for fun but we still need to be careful as one mistake might destroy our finances and we might struggle to survive in this crisis.

exactly . single simple mistake is deadly  . i remember before i was verry careful and said to myself to not going to be addicted but one time a mistake happen that i accedentaly tap the all in button and loose , i was so sad and leads me to be greedy to depo again and recover that losses and that is the start of my gambling addiction  . luckily those times were gone and im now gambling carefully again   . its true that we must gamble moderately with or without crisis like this because on gambling money is not guaranteed   .

[Ziskinberg]

Keep safe and stay with your family you'll be able to survive if you have enough funds, be wise in this crisis period we
do need more reserve money than using it for any leisure activities.

I'm sure everyone is aware of that, let us not gamble like we usually do when there was no pandemic yet as we might need that funds if the pandemic will stay longer. Gambling does not guarantee a win and although we say that we are gambling for fun but we still need to be careful as one mistake might destroy our finances and we might struggle to survive in this crisis.

exactly . single simple mistake is deadly  . i remember before i was verry careful and said to myself to not going to be addicted but one time a mistake happen that i accedentaly tap the all in button and loose , i was so sad and leads me to be greedy to depo again and recover that losses and that is the start of my gambling addiction  . luckily those times were gone and im now gambling carefully again   . its true that we must gamble moderately with or without crisis like this because on gambling money is not guaranteed   .

Us who have experience can always see the risk, though we have the experience as a gambler and we think we are matured already but we are not perfect we can still commit mistakes, and the worst mistake is when we keep on chasing loses until we go all in, and the result does not favor us.

[boyptc]

The number of cases has increased a lot in just a short period of time. My sympathy goes to Italy, the president cried and it's terrible there. How I wish that this crisis will be ending within a few span of time.

Necessities first before gambling.

Good point, necessities before any thing else. This virus hurts most countries economy and before thinking of anything.
Keep safe and stay with your family you'll be able to survive if you have enough funds, be wise in this crisis period we
do need more reserve money than using it for any leisure activities.

What can we think of the person if he'll priority other things than the necessities in the time of pandemic?

[greylandm]

Yeah pretty sure crypto gambling will see and increasing popularity due to the virus.

[tbterryboy]

I have talked with few places in the crypto casino world and they are all telling me that their numbers are through the rough!

They are all getting a lot more customers than they usually do and they have been making a ton of money as well because most of those people are so bored that they do not stop when they win and they continue to gamble to pass the time and end up losing even when they were ahead just a few hours ago, so it is actually the greatest time to own a crypto casino.

Obviously, these places spent months to launch, years to build a reputation and now they are taking advantage of that, no place that can start right away and get customers can become big these days because they are all new and have to prove themselves first. I guess it is like any other business, you have to build some relationships first.

[Becky666]

The effect of the wide spreads of covid-19 on gambling platforms will be more on the traditional gambling platforms than the online casinos across the world. We have seen government of various countries implementing their bans on citizens while.some countries have embarked on total lockdown of their various states.

The social distance rule was introduced to curb the spread of this pandemic and with this happening, the gambling platforms are going to be more hit than the online casinos. Currently, my own country has stop all the traditional gambling platforms and have also embarked on lockdown of the state.

[Becky666]

Yeah pretty sure crypto gambling will see and increasing popularity due to the virus.

Agree with you on this opinion, the increase in this industry will be as a result of traditional gambler's who haven't gotten the Zeal's to join the world of online casinos. As a gambler, I have meet some good traditional co-gamblers who are now interested in getting involve in the online casinos platforms, this will increase the industry because of the covid-19.

The effects of covid-19 will actually have positive impact on the gambling platforms and will eventually increase her revenue generation this trying times on covid-19.

[Finestream]

The effects of covid-19 will actually have positive impact on the gambling platforms and will eventually increase her revenue generation this trying times on covid-19.

This needs to be confirm, I haven't read an article yet stating the same thing.

What we are doing now is just speculating that since physical casinos are close, they are now shifting to online casinos, but what about their source of income, if its affected then eventually they have will not gamble as there is a shortage of income or funds.

[Becky666]

The effects of covid-19 will actually have positive impact on the gambling platforms and will eventually increase her revenue generation this trying times on covid-19.

This needs to be confirm, I haven't read an article yet stating the same thing.

That was my personal opinion as a financialist and not any form of speculatives from any source. Come to reason This: they have placed ban of sports and many have been postponed to April 30th which means that, only the online casinos platforms will be  lively at the moment for gambler's across the globe. What it means is: the system will get more players onto their respective platforms and revenue will increase eventually.

What we are doing now is just speculating that since physical casinos are close, they are now shifting to online casinos, but what about their source of income, if its affected then eventually they have will not gamble as there is a shortage of income or funds.

This isn't speculation of any type because the facts are very clear. Many other gamblers will join the online casinos. Just a reminder: many of these online casinos now accepts fiats for deposit and also for withdrawal, so, they are free to deposit their fiats and gamble on the platform. A true spirited gambler will not lack funds if he or she gamble responsively.

[LogitechMouse]

Yeah pretty sure crypto gambling will see and increasing popularity due to the virus.

I might agree with your statement here but crypto gambling will increase its popularity a bit because I know that there are some gamblers out there who are aware that crypto gambling sites are existing and they can still gamble there even they are at home.

The effects of covid-19 will actually have positive impact on the gambling platforms and will eventually increase her revenue generation this trying times on covid-19.

This needs to be confirm, I haven't read an article yet stating the same thing.

The only positive impact of the virus with the gambling platforms is that their revenue will increase as more gamblers will choose to gamble online right now because of the virus that is spreading and the casinos are being closed which is already stated. There's no need for confirmation here since we can see it already. We know that there are gamblers out there who can't wait to long for them to gamble and they will find a way to gamble and gambling online is the way. With this, revenue of the gambling sites will increase as more gamblers will gamble to their platform.

[casperBGD]

This isn't speculation of any type because the facts are very clear. Many other gamblers will join the online casinos. Just a reminder: many of these online casinos now accepts fiats for deposit and also for withdrawal, so, they are free to deposit their fiats and gamble on the platform. A true spirited gambler will not lack funds if he or she gamble responsively.

it is possible, but social interaction is one of the main aspects of casino play, and i think that casinos will be back into game after this corona meltdown, sure online casinos will surge and take increased market share, but still casinos will exist

[JoMarrah Iarim Dan]

But then think of it. Casino is a common and usual place where people do often make contact not only by oral communication but also with touching bank notes, casino coins, and even dices and other things used in betting. Therefore, there is a huge chance that COVID-19 would drastically decrease the physical gambling and do somehow can change gamblers' physical gambling onto digital one. And with that, it can somehow increase the community of overall cryptocurrency.

Right now, COVID-19 did not just decrease physical gambling in my country. COVID-19 makes the casinos close for a month. Yes there is a big chance that some cases of a person being infected is by touching of casino coins etc. Since before, it will take 2 weeks before noticing that you have virus. Person who is infected can freely go to casinos, play and infect others. Online gambling? Maybe there are still some who gamble. Probably they are the higher class people who are not worried that they have nothing to eat even though they lose on gambling in this situation.

[GDragon]

I think the effect of COVID-19 to the gambling world is the booming of online gambling. It can be easily accessed. I can't fully say gamblers stop gambling just because of the cancellation of games. I believe gamblers being quarantined at home will make there way to online casinos. Isolation at home will put them in a risky behavior, specially when there's boredom and few little things to do.

Check this one.

But there’s another, less inviting, aspect of technology. The effects of self-isolation – countless hours with often no more company than a computer screen – are also the perfect conditions for online gambling. Gambling companies have realised this and already appear to be using our newfound isolation to their own advantage. Where quarantine has meant a downturn for many businesses, gambling companies may see this period as a huge opportunity to increase their profit margins.

[Japinat]

You might be right or wrong but we can't deny the fact that people now are in panic, they stay at home but they are uncertain as to when the world will be back to normal again and in this time of crisis, we need to secured funds for our needs and not waste it in gambling.

I am addressing my opinion to people who still allocate funds in gambling despite not anymore making money they usually make.

I think the effect of COVID-19 to the gambling world is the booming of online gambling. It can be easily accessed. I can't fully say gamblers stop gambling just because of the cancellation of games. I believe gamblers being quarantined at home will make there way to online casinos. Isolation at home will put them in a risky behavior, specially when there's boredom and few little things to do.

Check this one.

But there’s another, less inviting, aspect of technology. The effects of self-isolation – countless hours with often no more company than a computer screen – are also the perfect conditions for online gambling. Gambling companies have realised this and already appear to be using our newfound isolation to their own advantage. Where quarantine has meant a downturn for many businesses, gambling companies may see this period as a huge opportunity to increase their profit margins.

[TheGreatPython]

Gambling world is not just the casinos you go to, do not forget about the online casinos that people are going right now because there are not that many other stuff they like to do for now. Poker website pokerstars for example recently had a new update because they couldn't handle all the new traffic, that was one part of showing how much people are gambling.

Crypto casinos are living the same thing as well, look at number of people who are gambling at stake for example, it is one of the highest I have seen in months. So, basically gambling world is both hurt and also profiting right now. The casinos you go to are hurting a lot, casinos online are profiting like hell right now. I guess we will see what will happen at the aftermath when corona is over.