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Author Topic: Corona virus (COVID19) Effect in Cryptocurrency Gambling  (Read 718 times)
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May 20, 2020, 12:21:14 PM
 #121

effects of coronavirus is an impact on all industries including gambling for all kinds of sports have stopped this led to a game betting on gambling stopped all this makes gambling less attractive again to make betting on platform betting this effect affect all types of jobs throughout the country.


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May 20, 2020, 12:25:38 PM
 #122

effects of coronavirus is an impact on all industries including gambling for all kinds of sports have stopped this led to a game betting on gambling stopped all this makes gambling less attractive again to make betting on platform betting this effect affect all types of jobs throughout the country.
It will not be less attractive if the betting is done in online, maybe the sports will lose their income from the people who usually go in the venue since if they will resume, they will do it without a crowd but that would make the sports betting industry live again, because people can still watch live online and gamble at the same time.

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May 20, 2020, 12:49:25 PM
 #123

effects of coronavirus is an impact on all industries including gambling for all kinds of sports have stopped this led to a game betting on gambling stopped all this makes gambling less attractive again to make betting on platform betting this effect affect all types of jobs throughout the country.

Gambling is not much affected by covid 19 but since people loses their jobs and source of income, therefore they spend less on gambling. Apart from that no online casino closed in this lockdown and people had easy access to gambling activities.

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May 20, 2020, 01:01:08 PM
 #124

Online businesses such as gambling will definitely have a huge impact in revenue because people will be unable to use money and to go outside cause they might get infected or be transmitted with the virus using tangible paper money even discover Cryptocurrencies and how it is excellent in terms of speed and security.

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May 21, 2020, 08:17:45 AM
 #125


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.

That's the bottom line, we discovered crypto gambling and there's no returning to fiat. Once we all were fiat gamblers (at least we as older generation +35), on and offline fiat gamblers! Now even if I would have fiat for gambling I would buy some crypto and I would gamble with crypto!
Experience is different, but as I get older I enjoy comfort of my home more than I enjoy dressing and going out. Physical casinos will always be there, for people who like that, for new generations to get a taste of it, but for many of us that is a thing of the past!

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May 21, 2020, 09:07:06 AM
 #126

Their revenue drops this First Quarter and it will be the same on the Second Quarter of the year because of the virus.

Because of it, the number of gamblers who are gambling in their sites right now went down because they don't have work right now where they can get some funds for gambling. They can't go out in their respective homes because of the lockdown that has been imposed and because of this they don't have any money to use for gambling.

It will go back to normal (new normal) when there is a vaccine that is created.

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May 24, 2020, 12:46:19 PM
 #127

Online businesses such as gambling will definitely have a huge impact in revenue because people will be unable to use money and to go outside cause they might get infected or be transmitted with the virus using tangible paper money even discover Cryptocurrencies and how it is excellent in terms of speed and security.

Nope.. from what I have seen, till now cryptocurrency has got very little benefit from the ongoing COVID 19 pandemic. I would say that the overall impact has been negative. Exchange rates have gone down during the last couple of months, despite the block reward halving which kicked in just a few days ago. This is perhaps the first time that the market didn't got any boost from the block reward halving event.
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