Crypto casinos pros and cons

[KTChampions]

The convenience of anonymity can be abused by minors creating more gambling addicts. We all know that sever gambling addiction can cause other problems like alcohol problems, drugs, crime and etc. Both gambling form has its own advantage and disadvantages.

Well, if you will be thinking about it, minors are legally gambling online and most of them are even streaming. I am talking about those minors that are playing online games with these loot boxes and other gacha mechanics. It will not always be the online casinos but there are a lot of other things that we could consider gambling.

Loot boxes have different legal status in different countries. In some countries, they are equivalent to gambling and are prohibited for minors. When I found out about this, I was surprised, but after encountering such things in some games, I realized that this was a reasonable decision.

[FlightyPouch]

The convenience of anonymity can be abused by minors creating more gambling addicts. We all know that sever gambling addiction can cause other problems like alcohol problems, drugs, crime and etc. Both gambling form has its own advantage and disadvantages.

Well, if you will be thinking about it, minors are legally gambling online and most of them are even streaming. I am talking about those minors that are playing online games with these loot boxes and other gacha mechanics. It will not always be the online casinos but there are a lot of other things that we could consider gambling.

Loot boxes have different legal status in different countries. In some countries, they are equivalent to gambling and are prohibited for minors. When I found out about this, I was surprised, but after encountering such things in some games, I realized that this was a reasonable decision.

Yes, and there are those countries that legalize it. Also, if you don't know, there are those separate or maybe independent sites out there that let you deposit money so you could buy loot boxes on them and connect your Steam account on that site. Just like an online casino, a minor could lose a lot of money in there, if not, his/her parent's money.

[pakhitheboss]

Hi guys!

We are all here because we like playing with crypto
There are many advantages of gambling in crypto casinos, e.g. privacy and speed. Or something else?
But are there some disadvantages for you compared to fiat money casinos?

Cheers,
Karl

The biggest disadvantage is the conversion rate to USD. If the cryptocurrency market goes in red while you are winning the actual value of your earnings might be less than what you invested to buy those cryptocurrencies.

This can be also an advantage if the market is up. But, most of us do not care as we are there to gamble.