Corona virus (COVID19) Effect in Cryptocurrency Gambling

[The Cryptovator]

I have doubts that total gambling volume would increase. Because although people will stay at home as some countries even lockdown their activities but everyone thinking about real cash that time. During global crisis we need real cash really and most of peoples are thinking buy their needs in advance. I think so, although I am in abroad but I gave instructions to my family for buy some needs especially foods. So I think very likely gambling volume would decrease instead.

[1714561978]

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[1714561978]

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[1714561978]

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[Viscore]

We can't expect that the volume of gamblers will increase just because we are quarantine at home.
Let's look at the big picture which is our economy, the economy is down, people are panic, so they will ensure they have funds for their basic needs than the for the entertainment like gambling or sports betting.

However, if we compare to other industry, i guess crypto online gambling is not that affected much as they can still operate and people are still entertain for their gambling needs and maybe this is the time that we can introduce crypto gambling to people who are used to going in physical casinos.

[ryzaadit]

I think the volume will be decreased since they all need to be prepared for a global economic crisis.

A lot people not going to working doing a social distancing, spend money, especially at gambling without getting some income.

[panjul07]

I have doubts that total gambling volume would increase. Because although people will stay at home as some countries even lockdown their activities but everyone thinking about real cash that time. During global crisis we need real cash really and most of peoples are thinking buy their needs in advance. I think so, although I am in abroad but I gave instructions to my family for buy some needs especially foods. So I think very likely gambling volume would decrease instead.

Exactly the same as you, I would even say that the volume might be decreased since most people are busy IRL as the effect of this global pandemic. Even though people are staying at their own home, it does not mean that they will have more time to gamble as most of them are struggling for their life especially those who live in the most affected countries.

[AicecreaME]

Due to covid-19 outbreak, government in different countries imposed lockdowns and community quarantines that lead to cancellations of classes and even work. Staying at home has been required by the government to help prevent local transmission thus, resulting to work from home and no work at all.

Conferences and sports games are postponed for precautionary measures that take away the entertainment of some.

In this times of this crisis, there are two people. The one that will prioritize their needs over cryptocurrency gambling and the one who’ll continue to do cryptocurrency gambling.

Those people who are privileged enough can still manage to do crypto gambling without worrying for what food to place on their tables if ever they’ll lose. On the other hand, those people who are affected by no work, no pay policy might not be able to do crypto gambling and instead prioritize their needs in this trying times.

Some people doing crypto gambling might stop for a while and some may continue. I think it depends on what societal status they belong at the current situation and their priorities now.

[Reatim]

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.

we are in the 5th day after the Big dump yet it seems that there is no big effect in gambling company,this corona looks like let gamblers have a break and stays keeping their money because of no one can go outside to make sideline or other option of profit.

but Lets see for the next days if we can see the great advantage of this CONVID effect for the gambling industry in which will also reflect to the Bitcoin Price and altcoin of course.

[LogitechMouse]

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.

Still possible but with the global crisis that we are experiencing right now? I think that the gamblers will choose to save their money and buy supplies and needs rather than using it for gambling. The economies of large countries are crashing down very hard because of this virus so I don't expect that much increase in volume on gambling sites since people will just save their money and they have other priorities in life too than just gambling their money.

I have doubts that total gambling volume would increase. Because although people will stay at home as some countries even lockdown their activities but everyone thinking about real cash that time. During global crisis we need real cash really and most of peoples are thinking buy their needs in advance. I think so, although I am in abroad but I gave instructions to my family for buy some needs especially foods. So I think very likely gambling volume would decrease instead.

This is what I'm saying. They have other priorities in life than gambling and for sure gamblers are saving their cash right now so that they can buy other things that they need like foods, masks, alcohols etc. The revenues of casinos right now are going down this quarter because of the virus but for the online gambling sites, there is still a decrease in revenue but not that much since there are many stubborn gamblers out there who choose to gamble even though we are experiencing crisis like this :X.

[dunfida]

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.

Come to think that people do rely into their 8-5 jobs salary.If majority of those gamblers are on a place where  being community quarantined
or locked down then they would surely be affected.No work then no pay, then what funds they are going to use? Unless if they are rich enough
which doesnt depend on their salary or do have their own business then they can play online if they want since physical places arent still available.

We cant conclude that this situation will give out online gambling benefits specially here on crypto space knowing that there are still lots of
traditional fiat gambling sites.

[Debonaire217]

I think the volume will be decreased since they all need to be prepared for a global economic crisis.

Possible, because there is no assurance that people will play and gamble online even though, they have more time to spend at home, and most of the transactions are made possible online. Remember, there is a limited source of income right now meaning to say that more people will consider to buy necessities instead of gambling it online. On the other hand, there might still be persons who couldn't stop themselves in playing despite of the situation.

[Inkdatar]

I think the volume will be decreased since they all need to be prepared for a global economic crisis.

Possible, because there is no assurance that people will play and gamble online even though, they have more time to spend at home, and most of the transactions are made possible online. Remember, there is a limited source of income right now meaning to say that more people will consider to buy necessities instead of gambling it online. On the other hand, there might still be persons who couldn't stop themselves in playing despite of the situation.

That's true no assurance that there would be an increase volume of playing online gambling. This pandemic happening it has caused a global crisis to many people, for some working at home with pay and for some no work no pay. So I don't think an effect increase in gambling rather people will think of saving more money to buy necessities than playing in gambling that may lead to losses.

[Tipstar]

Sports betting are surely affected by the current outbreak and the lockdown but people tend to more when they are "working from home". I've seen a rise in gambling volume in online casinos in last few days as many of the countries closes school and offices and life comes to a halt. People have already stocked for the next month or two and are with family on quarantine without any trouble.

[PuertoLibre]

Sports betting are surely affected by the current outbreak and the lockdown but people tend to more when they are "working from home". I've seen a rise in gambling volume in online casinos in last few days as many of the countries closes school and offices and life comes to a halt. People have already stocked for the next month or two and are with family on quarantine without any trouble.

There are a lot of ways to know the virus will continue to show its bad effects over the next few months or not. The gamblers should feel better due to the alternative choices in the online sites, the other professions still live in trouble which can't be solved easily.

[adzino]

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.

Yeah, most of the sport games are being postponed, starting from NBA to soccer games. This is because of the corona virus. Thus, people can no longer place bets on these games using fiat or crypto currencies. Again, most of the countries have placed man on mass gathering or crowding around. Thus bars, restaurants, schools and even casinos are now temporarily shut downed. Now, if people still wants to continue gambling, they can use crypto casinos. They don't have to deal with the banks, nor they have to go through several complexities for online gambling.
So I guess, yeah, it has increased the volume of bet placed on crypto casinos.

[Kemarit]

So what do you think the effect of it?

- We are in a pandemic right now, gamblers needs to prioritised things if they want to survived in this crisis specially for average joes.

- Traditional and land-based gamblers will not find pleasure playing on-line. Those players wanted the ambience of a physical casinos that online gambling site obviously doesn't have.

So I don't think that there will be surge in crypto-currency just because physical casinos are shut-down.

[TopT3ns]

Sports betting are surely affected by the current outbreak and the lockdown but people tend to more when they are "working from home". I've seen a rise in gambling volume in online casinos in last few days as many of the countries closes school and offices and life comes to a halt. People have already stocked for the next month or two and are with family on quarantine without any trouble.

well indeed because sports gambling such as soccer and others have postponed the match because to secure the condition of the players so as not to get infected with the corona virus which is currently being spread very ferociously.

[qomariah95]

The development of this virus is indeed increasing every day in several countries. That is certainly very influential on sports betting, but for gambling games such as dice or other gambling games. Then it doesn't really matter, I keep gambling dice now.

[GreatArkansas]

Another thought just come to my mind;
Since this Corona Virus (COVID19) outbreak and most of the people are either working from home or no more jobs at all.
So, there are still possible that the gambling volume these days will lessen? Since they got no more money to gamble since some the people already no job at all? Not unless they will gamble and take risk their savings to be able to make money after they got out of their job which is extremely risky at all.

[Gladiator25]

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.

Well, there are many gambling sites that is not affiliated or connected to any sports or e-sports. There are gambling sites that uses other way to put a bet like dice and roulette. I think that type of betting sites are the ones we should patronize for now. I think some of the site offers a high value yet need a very lucky chance. Just bear on the situation because it is very dangerous.

[maydna]

Another thought just come to my mind;
Since this Corona Virus (COVID19) outbreak and most of the people are either working from home or no more jobs at all.
So, there are still possible that the gambling volume these days will lessen? Since they got no more money to gamble since some the people already no job at all? Not unless they will gamble and take risk their savings to be able to make money after they got out of their job which is extremely risky at all.

Yes, the gambling volume will reduce, and that happened in the other industry. The casino owner cannot deny that they are lost much money because of this pandemic, and they cannot do anything except to shut down their business temporary. I think those people are not getting out from their job, they only stay at their home, and some of them can work from home. But yes, some of them lose their job because they cannot go anywhere. I don't think they will take the risk of still playing gambling because they need to survive in these situations, and money will be the important thing they need to have to buy their daily needs.

[Meowth05]

It will definitely affect the cryptocurrency gambling because there will be a lot of people who will stay at home because of the pandemic, but we should not expect a skyrocket increase in traffic because there might be people that aren't keen on online casino unlike sports betting.