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Author Topic: Corona virus (COVID19) Effect in Cryptocurrency Gambling  (Read 718 times)
bitcoin31
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May 14, 2020, 02:08:53 PM
 #101

Corona virus does not really have an effect on gambling cryptocurrency. Although almost all activities stop including work, sports,
trade and worship. But gambling cryptocurrency does not stop like other activities, because gambling cryptocurrency is done
on line. So only need internet connection can be done at home, even according to a survey that I read cryptocurrency gambling
in this pandemic corona situation is increasing in the number of users.
They have effects also how about sports betting how they starts bet if we don't have any sports activities because it's all cancelled.
But the onlin gambling crypto does not affect in bad ways because they have some people who play more because of the lockdown to their country and they discover the online gambling for sure for those player of the traditional.
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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May 16, 2020, 05:26:01 AM
 #102

I agree that I do not think that the coronavirus can have any effect on crypto gambling It's a great time to gamble from sitting in the lockdown. If everything is off due to the virus, it is temporary However, crypto casinos will never close Since it is online-based we can easily overcome the bad situation by making a profit by gambling The popularity of crypto gambling is increasing due to the lockdown People are participating in the game more and more.

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May 17, 2020, 01:16:03 PM
 #103

I agree that I do not think that the coronavirus can have any effect on crypto gambling It's a great time to gamble from sitting in the lockdown. If everything is off due to the virus, it is temporary However, crypto casinos will never close Since it is online-based we can easily overcome the bad situation by making a profit by gambling The popularity of crypto gambling is increasing due to the lockdown People are participating in the game more and more.

Markets are down by 25% or so, tens of millions have become unemployed. After all this, do you really think that the pandemic will have no impact on the gambling sector? If people are having less money available to spend, they are going to scale down on "luxuries". You can'r expect people to spend money on gambling, if they are facing difficulty in making payments for utility bills.
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May 17, 2020, 01:20:23 PM
 #104

I agree that I do not think that the coronavirus can have any effect on crypto gambling It's a great time to gamble from sitting in the lockdown. If everything is off due to the virus, it is temporary However, crypto casinos will never close Since it is online-based we can easily overcome the bad situation by making a profit by gambling The popularity of crypto gambling is increasing due to the lockdown People are participating in the game more and more.

Their is no guarantee in gambling that you will end up making profits. So be careful and do not make this as a income source because in the end you will know that you had spent too much money and lost it and may even get addicted to it and it will have another serious issues to you. So play for enjoyment and to entertain yourself.

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May 17, 2020, 01:59:56 PM
 #105

The effects of the covid-19 outbreak did not only occur in sports gambling, almost all gambling sectors experienced extraordinary effects, Since this epidemic has destroyed various countries, the tax revenue from the gambling industry has dropped, the economy has collapsed, for now the biggest tax revenue from casinos has been lost.

In my country, the casino industry's gross revenue has fallen sharply by 50% since entering 2020, especially in soccer sports gambling, which has a profound effect on economic growth, in the field of gambling.

However, it is not impossible for gambling companies that are now turning to the virtual world, online sports betting gambling sites that take over the profession and offer virtual matches such as: bigo, virtual casino and also poker.
This is done to deal with existing sports gambling addicts.

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ethereumhunter
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May 17, 2020, 02:40:14 PM
 #106

Corona virus does not really have an effect on gambling cryptocurrency. Although almost all activities stop including work, sports,
trade and worship. But gambling cryptocurrency does not stop like other activities, because gambling cryptocurrency is done
on line. So only need internet connection can be done at home, even according to a survey that I read cryptocurrency gambling
in this pandemic corona situation is increasing in the number of users.
They have effects also how about sports betting how they starts bet if we don't have any sports activities because it's all cancelled.
But the onlin gambling crypto does not affect in bad ways because they have some people who play more because of the lockdown to their country and they discover the online gambling for sure for those player of the traditional.

If the situations are like now, I think it is better to stop the sports activities event for a while until the situations are under control. Yes, the online crypto gambling does not affect because the crypto gambling is available on the internet so people can still play crypto gambling games from their home while they still stay at home. The crypto gambling games can attract more people to moving from traditional gambling into online gambling.

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May 17, 2020, 06:46:58 PM
 #107

I agree that I do not think that the coronavirus can have any effect on crypto gambling It's a great time to gamble from sitting in the lockdown. If everything is off due to the virus, it is temporary However, crypto casinos will never close Since it is online-based we can easily overcome the bad situation by making a profit by gambling The popularity of crypto gambling is increasing due to the lockdown People are participating in the game more and more.

Lock down restrictions are getting lifted in most parts of the world. Do you think that once physical casino are opened people will visit them or are they happy playing gambling in online casinos ? Some people may not go to casino again and hence physical casino may lose some of their customers.
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May 18, 2020, 10:52:22 AM
 #108

I agree that I do not think that the coronavirus can have any effect on crypto gambling It's a great time to gamble from sitting in the lockdown. If everything is off due to the virus, it is temporary However, crypto casinos will never close Since it is online-based we can easily overcome the bad situation by making a profit by gambling The popularity of crypto gambling is increasing due to the lockdown People are participating in the game more and more.

Lock down restrictions are getting lifted in most parts of the world. Do you think that once physical casino are opened people will visit them or are they happy playing gambling in online casinos ? Some people may not go to casino again and hence physical casino may lose some of their customers.

Both, because there are gamblers who like to play in a physical casino and online casino at the same time, while there are gamblers who also like to play solely in physical casino and this is good if the casino industry will resume its operation as it would help our struggling economy right now.

I know there is a risk but if they will be able to manage the risk with their measures, why not give them a try.
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May 18, 2020, 02:42:13 PM
 #109

Lock down restrictions are getting lifted in most parts of the world. Do you think that once physical casino are opened people will visit them or are they happy playing gambling in online casinos ? Some people may not go to casino again and hence physical casino may lose some of their customers.
^ Probably not, at first the COVID-19 will have a decrease in the numbers of players in gambling sites, and worse with physical casinos including sports betting will definitely go down to zero because no sports events will be held and physical casinos are closed in areas where lockdown are being implemented. People probably start to think of saving their money for the necessities in a short period of time. Those who experience boredom and stress after a few weeks of being quarantined at home they will tend to find ways on how to reduce it and that is by going to online casinos especially those people who are not new in this type of gambling in fact even other players who are fond of playing in physical casinos and sports bettors may get into. Or probably diverted into online gambling and that will give a huge increase in cryptocurrency gambling users. Because we have so much time at home and we cannot even go out as often as we want then people who would try cryptocurrency gambling may even turn into an addiction and may leave their physical casino gambling activity behind for the idea that it will be safer to play gambling online instead of doing it outside their home and be exposed to COVID-19.
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May 18, 2020, 09:32:12 PM
 #110

With the recent outbreak of coronavirus (covid19) lot of sports game are being cancelled/postponed especially the NBA
While, there are also lot of people from different country that starting to lock down and stay at home for home quarantine.
So,
Decrease of sports games.
Increase of people that will stay at home (probably no work/less work to do, e.g  work from home/totally no work)

So what do you think the effect of it?
Can we experience a high volume on every cryptocurrency gambling website?
Since major payments are cryptos, so need to go to any bank anymore, in short more on online transactions.
It has greatly affected my hustling for other source of my income being an adent soccer lover particularly English premier league where I gambled to earn some money however since the suspension of that league die to covid 19 it has been zero earning s

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May 19, 2020, 01:12:40 AM
 #111

I agree that I do not think that the coronavirus can have any effect on crypto gambling It's a great time to gamble from sitting in the lockdown. If everything is off due to the virus, it is temporary However, crypto casinos will never close Since it is online-based we can easily overcome the bad situation by making a profit by gambling The popularity of crypto gambling is increasing due to the lockdown People are participating in the game more and more.

Lock down restrictions are getting lifted in most parts of the world. Do you think that once physical casino are opened people will visit them or are they happy playing gambling in online casinos ? Some people may not go to casino again and hence physical casino may lose some of their customers.
It's being lifted but there are still some restrictions, Here in the Philippines the lock-down are being reduce to some areas but still those casino till an't operate and the public transportation is still not being operated. The government are making it slow so it would be safer to all of us. But still I know some underground casinos that is still operating here. I hope those people will discover the online gambling so they are not going to risk their life for just a game.

The effect of COVID to crypto gambling is absolutely good, since more people are going to discover it because of the lock down to some part of the world. More players for gambling website's  Smiley

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May 19, 2020, 03:56:43 AM
 #112

I agree that I do not think that the coronavirus can have any effect on crypto gambling It's a great time to gamble from sitting in the lockdown. If everything is off due to the virus, it is temporary However, crypto casinos will never close Since it is online-based we can easily overcome the bad situation by making a profit by gambling The popularity of crypto gambling is increasing due to the lockdown People are participating in the game more and more.

On the other hand, people who gets tired of missing gambling could possibly find alternatives through online gambling, with this, it has a direct impact to the growth of online gambling as more and more gamblers change their platform from physical gambling to online or crypto.

But still, there's no article online that I find legit that shows statistics about the growth of online gambling due to covid. Meaning, it is just theoretical to say that online gambling is getting popular because of COVID. But, cryptocurrency gambling is getting popular by itself, because of its features.
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May 19, 2020, 04:23:14 AM
 #113

Lock down restrictions are getting lifted in most parts of the world. Do you think that once physical casino are opened people will visit them or are they happy playing gambling in online casinos ? Some people may not go to casino again and hence physical casino may lose some of their customers.

Perhaps, once the physical casino is opened again, I hope people can hold themselves for not visiting the casino because the virus is still out there. People need to be careful, and if they want to visit that casino, they need to make sure the place is safe, and they can give protection to each people who visit that place.

People can still play online casino at any website, whether it is a crypto gambling site or fiat gambling site to avoid the virus. But with the lockdown restrictions are going lifted, that makes people still worry if they want to go to someplace. Perhaps, people will use a new way to protect them in the social community or when they are in the public area.
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May 19, 2020, 05:08:27 AM
 #114

Lock down restrictions are getting lifted in most parts of the world. Do you think that once physical casino are opened people will visit them or are they happy playing gambling in online casinos ? Some people may not go to casino again and hence physical casino may lose some of their customers.

Perhaps, once the physical casino is opened again, I hope people can hold themselves for not visiting the casino because the virus is still out there. People need to be careful, and if they want to visit that casino, they need to make sure the place is safe, and they can give protection to each people who visit that place.

People can still play online casino at any website, whether it is a crypto gambling site or fiat gambling site to avoid the virus. But with the lockdown restrictions are going lifted, that makes people still worry if they want to go to someplace. Perhaps, people will use a new way to protect them in the social community or when they are in the public area.
The important part here is the casino management mate because they are the one who will implement the safeties of their players.

First is to pursue social distancing as this is very import5way to at least not having near contact to.each other.

And also the sanitized and disinfecting and also more supply of alcohol to use for every players.

Last is letting small volume of players at least 1/4 of the casino house capacity.









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May 19, 2020, 01:07:28 PM
 #115

~snip~
The important part here is the casino management mate because they are the one who will implement the safeties of their players.

First is to pursue social distancing as this is very import5way to at least not having near contact to.each other.

And also the sanitized and disinfecting and also more supply of alcohol to use for every players.

Last is letting small volume of players at least 1/4 of the casino house capacity.

Yes, I agree that the casino management needs to make sure the safety of each player or people who come to their casino. Social distancing is one of many ways that they need to apply in their casino to prevent the infected virus. Or they can use the other way to make other people feel safe from having contact with other people.

Sanitized and disinfecting is a must available on their casino so people can wash their hand after they touch anything. But I am not sure that only a few people who want to come into the casino since many people feel bored to stay at their home since at least 2 months ago.
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May 19, 2020, 07:17:02 PM
 #116

Quote
So what do you think the effect of it?

I think that the pandemic process increases the interest in online casinos and because of many convenience, this increase in interest reflects positively on the websites that provide casino services with crypto money. I think that the customers of physical casinos, which have been closed for about 75 days, have now got the habit of gambling online. On the other hand, I also think that this audience can permanently gamble online.

Quote
Can we experience a high volume on every cryptocurrency gambling website?

It would not be right to expect high transaction volumes in each service because players usually take care to choose popular services in their field. In addition, since each service offers different game advantages, the players make the site preference distributed and can use more than one website. Therefore, it would be wrong to expect high trading volume and game volume on each website.
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May 19, 2020, 11:34:17 PM
 #117

...
Lock down restrictions are getting lifted in most parts of the world. Do you think that once physical casino are opened people will visit them or are they happy playing gambling in online casinos ? Some people may not go to casino again and hence physical casino may lose some of their customers.
however, that does not apply to gambling addicts...
Gambling addicts are certainly waiting for the casino to open again, and there is also a big possibility that casino owners will make good marketing strategies to attract their customers, like our casino is free from corona or free food for new customers and so on.



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May 20, 2020, 03:42:08 AM
 #118



Lock down restrictions are getting lifted in most parts of the world. Do you think that once physical casino are opened people will visit them or are they happy playing gambling in online casinos ? Some people may not go to casino again and hence physical casino may lose some of their customers.

It depends on the compliancy of the casinos, the government will impose restrictions like social distancing, the minimum number of people that can play in the casino, and they might use covers or division for every player that are going to play, of course, there should be disinfection whenever a gambler leaves the table.

Gamblers still want to play and casinos must create revenue to support its business, they can only do this if they are compliant.


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May 20, 2020, 06:23:13 AM
 #119



Lock down restrictions are getting lifted in most parts of the world. Do you think that once physical casino are opened people will visit them or are they happy playing gambling in online casinos ? Some people may not go to casino again and hence physical casino may lose some of their customers.

It depends on the compliancy of the casinos, the government will impose restrictions like social distancing, the minimum number of people that can play in the casino, and they might use covers or division for every player that are going to play, of course, there should be disinfection whenever a gambler leaves the table.

Gamblers still want to play and casinos must create revenue to support its business, they can only do this if they are compliant.

And what all that have with crypto gambling? With or without corna its the same for us here. Physical casinos and their gamblers suffered from corona big time, but we crypto gamblers had more free time for gambling. And that's the big difference between real and online gambling. Online you don't face with many restrictions, with choosing crypto for online gambling you get privacy and easy access.
Most of us who gamble for crypto will continue with that, we will not return to fiat gambling, and for sure we are not coming back to physical casinos. Corona can't touch us!

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May 20, 2020, 11:25:20 AM
 #120


Most of us who gamble for crypto will continue with that, we will not return to fiat gambling, and for sure we are not coming back to physical casinos. Corona can't touch us!

Some would still gamble in physical casinos as online gambling gives different than gambling in a physical casinos, especially if a gambler is really investing his time more in physical casinos, even if the virus is still here but the casinos will open, I'm sure a lot of people will do the usual things they do.

However, for fiat online gambling, I think crypto gambling is better, I was once a fiat online gambler but when I tried crypto gambling, I never come back in fiat since I find crypto gambling easy and it's competitive to fiat gambling sites as well.

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