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Author Topic: Gambling Business That Survives when a Crisis  (Read 749 times)
Ailurophile
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April 01, 2020, 08:01:03 AM
 #21


I don't see yet a crypto-gambling site that offers a lottery that becomes a success in the long-run.

On the other hand, if we take this on a physical lottery, yes the majority closed their service but even they continue to operate, I doubt people will be allowed to go to this place. Lining up in a lottery is defeating the purpose of social distancing and I doubt a community that put under lockdown will have the interest to throw some money to play on a lottery.
Have you forgotten about freebitco.in?
They are still successful up till now and they have weekly lottery on their site.
But I guess others don't really see's them as gambling site and only consider them as a faucet.

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April 01, 2020, 08:14:30 AM
 #22

Even if those sites that are purely focus in sports betting, I think they'll still survive as they are already making good profit during the time they are still operating, and it's normal to a business to set aside some contingency fund for crisis that are unforeseen.

Some gambling sites are smart enough, they integrated all the games in one site like a one stop shopping site, so they are still making now despite of the economic crisis.

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April 01, 2020, 08:50:10 AM
 #23

Since we entered into online world then these things are also getting emerged and evolved more so it will never stop as long as we have the internet.Gambling is not only the thing which attracted people in the past years almost everything turned into online like shopping,even groceries are now available.
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April 01, 2020, 09:29:08 AM
 #24


I don't see yet a crypto-gambling site that offers a lottery that becomes a success in the long-run.

On the other hand, if we take this on a physical lottery, yes the majority closed their service but even they continue to operate, I doubt people will be allowed to go to this place. Lining up in a lottery is defeating the purpose of social distancing and I doubt a community that put under lockdown will have the interest to throw some money to play on a lottery.
Have you forgotten about freebitco.in?
They are still successful up till now and they have weekly lottery on their site.
But I guess others don't really see's them as gambling site and only consider them as a faucet.

I first to know them as faucet site and I used them to get a free bits before but now they evolve and became more successful gambling business here and guess they survive again in times of crisis the same like this since the game they have is much good for those bored people to play on.


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April 01, 2020, 09:59:55 AM
 #25


I don't see yet a crypto-gambling site that offers a lottery that becomes a success in the long-run.

On the other hand, if we take this on a physical lottery, yes the majority closed their service but even they continue to operate, I doubt people will be allowed to go to this place. Lining up in a lottery is defeating the purpose of social distancing and I doubt a community that put under lockdown will have the interest to throw some money to play on a lottery.
Have you forgotten about freebitco.in?
They are still successful up till now and they have weekly lottery on their site.
But I guess others don't really see's them as gambling site and only consider them as a faucet.

I first to know them as faucet site and I used them to get a free bits before but now they evolve and became more successful gambling business here and guess they survive again in times of crisis the same like this since the game they have is much good for those bored people to play on.



survived in times of crisis  ? how come when crisis ( virus ) only affect the real world or the real business but online business are still alive and kicking  . how much more if its a crypto gambling business ?  we all know that crypto gambing right now are verry indemand due to the temporary closure of offline gambling casinos   .

 also freebitco is already succesful even before so how much more today  ? and yes they have a lottery but not like the actual lottery where the draw is live and you can see them with your own two eyes  .
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April 01, 2020, 10:14:57 AM
 #26

Casino online will still survive because the casino is not getting the direct effect from this case. People can still play gambling games online, and they can be easy to found the casino. It seems people need to use a targetted keyword if they want to play gambling with crypto because if they only use playing gambling online or gambling online, not many crypto gambling websites will show up in the result. But that is okay because sooner or later, people will get in the crypto gambling websites so they will curious, and they will search for more information.
Online casinos will continue on doing their service, especially on such situation because people will definitely choose the safeness of their health. People will prefer to gamble online where their health isn't at risk because they don't have any close contact with other players. In addition, online casinos are hassle-free and you have various options of casino sites as well as casino games. The advantage of online gambling is that people don't need to travel just to entertain themselves because they can easily play whenever and wherever they want online.

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April 01, 2020, 11:13:03 AM
 #27

Sports betting websites are not making money now, but they'll survive for sure.
Maybe you can also add dice sites, there are still gambling sites that are only focus on dice games and they are sure enjoying a surge of gamblers now since sports betting is not available, and physical casinos are close, a gambler who really like to enjoy will try online and will also try different games.

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April 01, 2020, 12:23:32 PM
 #28

Casino online will still survive because the casino is not getting the direct effect from this case. People can still play gambling games online, and they can be easy to found the casino. It seems people need to use a targetted keyword if they want to play gambling with crypto because if they only use playing gambling online or gambling online, not many crypto gambling websites will show up in the result. But that is okay because sooner or later, people will get in the crypto gambling websites so they will curious, and they will search for more information.

You just need a good internet connection and gadget for you to have an access in gambling platforms, of course you also need funds to use so that you have money to spend in gambling. As you are not allowed to go outside, just stay at home and enjoy the online gambling. Most of the people who gambling physically are wasting their money online to let their urge in gambling to be satisfied because that's the only thing that entertains them while they are bored inside their home during this community quarantine.

Online casinos will continue on doing their service, especially on such situation because people will definitely choose the safeness of their health. People will prefer to gamble online where their health isn't at risk because they don't have any close contact with other players. In addition, online casinos are hassle-free and you have various options of casino sites as well as casino games.

Most probably that the online casinos will be having a high profitability because gamblers will focus on their platform. They will have a higher volume of customers so that the money will just circulate around them and will give them huge profits. The only hindrance in the online gambling is that the internet connection and if you have a huge funds to use in gambling.

Also people will not a hard time using it because it has already an instruction how to use this platform without and hassle. You should also read the rules and regulation in a certain casino so that you prevent yourself from violating the rules and you know what you really need to do because if not, it can include an authority.

The advantage of online gambling is that people don't need to travel just to entertain themselves because they can easily play whenever and wherever they want online.

Yes, people are safer in their homes while playing gambling. There is no risk of getting the disease if you're not going out and travel just to gambling, plus, it will just bring you the virus if you stay outside of your house. In online gambling, you can play even if you're in your bed, bathroom, kitchen and anywhere inside your house so travelling to gamble should not be tolerated as of now. Stay safe and also remind your family members and friends not to go outside until this pandemic is still active.
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April 01, 2020, 12:34:30 PM
 #29


I don't see yet a crypto-gambling site that offers a lottery that becomes a success in the long-run.

On the other hand, if we take this on a physical lottery, yes the majority closed their service but even they continue to operate, I doubt people will be allowed to go to this place. Lining up in a lottery is defeating the purpose of social distancing and I doubt a community that put under lockdown will have the interest to throw some money to play on a lottery.
Have you forgotten about freebitco.in?
They are still successful up till now and they have weekly lottery on their site.
But I guess others don't really see's them as gambling site and only consider them as a faucet.

I first to know them as faucet site and I used them to get a free bits before but now they evolve and became more successful gambling business here and guess they survive again in times of crisis the same like this since the game they have is much good for those bored people to play on.

I give a salute to the owner that succeeds in maintaining freebitco.in a long time ago. Not many faucet websites which still online for a long time, but he can manage his website and have a big fan of that site. That site is one of gambling site plus faucet website which have a big reward on the lottery games. But I am sure that more gambling websites can survive in these situations.

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April 01, 2020, 12:44:55 PM
 #30

Sports betting websites are not making money now, but they'll survive for sure.
Maybe you can also add dice sites, there are still gambling sites that are only focus on dice games and they are sure enjoying a surge of gamblers now since sports betting is not available, and physical casinos are close, a gambler who really like to enjoy will try online and will also try different games.
Those luck based gambling games are gaining more players due to this issue from both offline gambling house and sports betting. Gamblers who still
have money and still finding time to try some luck will continue patronizing this kinds of gambling.
Though it's not that profitable for the house as people are more concern with their financial securities than finding for some leisures.
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April 01, 2020, 12:48:09 PM
 #31

Obviously, the online casino has a higher chance of surviving in this current situation. It does not require going outside, and it's safer to gamble inside our houses. In fact, it gives them an opportunity to gain more users because gamblers can't gamble outside so they have no choice but to gamble online. Even without this pandemic, the online gambling industry has the chance of getting more attention. What more now that it's not safe to go outside.

Some big e-sports events were also postponed but it doesn't stop e-sport activities because you can still bet with it. However, for the lottery, it's not available right now in my country due to enhanced community quarantine. So maybe, lottery business is still affected in my country. I don't know in other countries.



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April 01, 2020, 12:59:42 PM
 #32

When we have crisis like this , online gambling are not affected because the player are still playing to their website so they still earning money. For those Casinos who are closed now they still good even they  did not operate for several months because for sure the owner of the Casino are earned more profit in the last few years since they started their Casino they still survive this crisis and they did not bankcrupt because their capital was already back.
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April 01, 2020, 01:08:33 PM
 #33

The gambling business that can survive in this crisis is online casino because since most gamblers always wanted to play slots and table card games at the casino playing all of it in a online casino will be a a trend to every gamblers. Also, E-sports betting could also be postponed because it is mostly played live and they are required to play with their opponents in the same place.



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April 01, 2020, 02:14:40 PM
 #34

Obviously, the online casino has a higher chance of surviving in this current situation. It does not require going outside, and it's safer to gamble inside our houses. In fact, it gives them an opportunity to gain more users because gamblers can't gamble outside so they have no choice but to gamble online. Even without this pandemic, the online gambling industry has the chance of getting more attention. What more now that it's not safe to go outside.

Some big e-sports events were also postponed but it doesn't stop e-sport activities because you can still bet with it. However, for the lottery, it's not available right now in my country due to enhanced community quarantine. So maybe, lottery business is still affected in my country. I don't know in other countries.

In times like this one then its surely an opportunity for online gambling sites to have more users due to pandemic situation.Its a chance to make more money since gamblers will surely find a way to gamble even they would heading on online world since they wont have any option but to play in front of their pc.Yeah its a different experience when you are gambling physically but if these people do seek out for entertainment or would like to
wipe out their boredom then they will surely jump in.
E-sports is still alive and kicking yet there are still bookies that do offer lines for such games.

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April 01, 2020, 03:44:26 PM
 #35

Esports tournaments actually do get cancelled due to real-life events, especially when it comes to major tournaments which are common with games like DOTA 2 and CS:GO. There are also exclusively online tournaments, but they're usually reserved for smaller events and lower-tier matchups and it's generally ideal that higher-tier teams play in person.
You are right now that almost all E-Sport matches are canceled but in theory, E-Sport can still run even when quarantined like this, I'm not sure if in the future people will continue to run E-SPORT even in an emergency.  btw, thank you for your opinion..


I don't see yet a crypto-gambling site that offers a lottery that becomes a success in the long-run.

On the other hand, if we take this on a physical lottery, yes the majority closed their service but even they continue to operate, I doubt people will be allowed to go to this place. Lining up in a lottery is defeating the purpose of social distancing and I doubt a community that put under lockdown will have the interest to throw some money to play on a lottery.
Have you forgotten about freebitco.in?
They are still successful up till now and they have weekly lottery on their site.
But I guess others don't really see's them as gambling site and only consider them as a faucet.
you are very right until now I still play the lottery at Freebitco.in (though not very often) but Freebitco.in is the best example of an online crypto-based online lottery site that still survives so far..

Sports betting websites are not making money now, but they'll survive for sure.
Maybe you can also add dice sites, there are still gambling sites that are only focus on dice games and they are sure enjoying a surge of gamblers now since sports betting is not available, and physical casinos are close, a gambler who really like to enjoy will try online and will also try different games.
I have entered the Dice, Poker, and Crash site on Casino online because Dice is in the Casino gambling category  Grin

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April 01, 2020, 04:27:41 PM
 #36

^^ Major E-Sport tournaments will still gather a lot of people in a closed building because it often accompanied by a tech/gaming exhibition. It is an event to promote gaming gears, etc., so they won't organize a big tournament without crowds.

Anyway, for sure, land casinos getting hit very bad, but the big players will survive. The survivability will depend on their ability to pay current liabilities (see current or quick ratio). It also applies to online casinos. However, if this pandemic lasts for years, we may see many changes in society. Maybe online gambling will be the new normal.

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April 01, 2020, 05:05:04 PM
 #37

- E-SPORT
every year E-Sport enthusiasts continue to rise even to the match at the Olympics, many predictions say that the E-SPORT market in the future is very large, the profit generated can be billions of dollars.  E-Sport does not need a big place and spectators, even players can do matches at home..  You can get a reference for example or type of game HERE
eSport also got effected.

For example, a few weeks ago dota 2 tournament was canceled during these situations.  They cant handle matches online, the reason is needed to verify players not using any illegal (cheating) program for the match. If they can do an online tournament, would be hard to verify the fair games for every team.
In addition to this, there are some teams that released their players since the tournaments have been cancelled. The dota 2 tournament that got cancelled was the ESL One in LA but now they continued their tournament in an online format and it's divided in several regions since ping could be a problem. I don't think verification is the biggest problem when it comes to online games at least on the upper level.

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April 01, 2020, 05:20:21 PM
 #38

Anything online could be considered safe with this lockdown. Everyone is expected to be in their beloved homes, and currently, we are so, and what's the most used utility that we have now? Those are water, electricity, and the internet. It's already understood that people have the time to research and understand what they would want to do when they are bored. Think of other ways that it could be applied because most of it is existing. Then that way, you could profit from that unique idea.

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April 01, 2020, 05:46:13 PM
 #39

Gambling, porn, and alcohol,,, are what I read are recession-proof activities. During a downturn, people have no money but for some reason they will still pay to gamble, watch porn and drink.

Now these statistics also were true even before the age of digital space, so I am sure it is not only online places that thrive but physical. However, Covid makes everyone stay indoors, so maybe you are right;)

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April 01, 2020, 10:23:40 PM
 #40

Gambling, porn, and alcohol,,, are what I read are recession-proof activities. During a downturn, people have no money but for some reason they will still pay to gamble, watch porn and drink.

Now these statistics also were true even before the age of digital space, so I am sure it is not only online places that thrive but physical. However, Covid makes everyone stay indoors, so maybe you are right;)

I guess gambling thrives no matter what the environment is. They will always find a way how to play. And because there is online gambling, this situation is very favourable to them. Playing at the comfort of your home as long as you have net connection. And I believe those gamblers that are used with traditional casinos and now playing online, will find the benefit of finding this as a good alternative.
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