Did Covid-19 affect crypto gambling?

[Shasha80]

Based on the results of my investigation covid-19 has a positive effect on crypto gambling. It's true that many people lose their jobs,
but for Gambling crypto the user is increasing. Because most countries impose lockdowns, it makes some people feel bored after a few
weeks of going nowhere. And gambling oline can be a solution to eliminate burnout, because crypto gambling is an entertainment in
a situation like now and also playing crypto gambling does not have to use large capital. Enough with $ 10 can start crypto gambling.

[iv4n]

As you know, Covid-19 caused serious economic problems in the whole world, and a lot of industries got affected even indirectly, simply because people may now have less money to spend.

Do you think crypto gambling is one of such industries? Gambling is an expensive form of entertainment, and I would assume people will be gambling much less if they have lost their jobs due to lockdown. Or maybe there are some factors that counter that - like maybe crypto gamblers have deep enough pockets to sit through this quarantine and keep gambling.

What do you think? What is your experience in these times?

Economic problems in the world are different world were expected, we just waited something to happen to show the true power of global economy and how shallow it is! Wholes from before are now bigger and there's nothing that can stop current economy from falling apart! But of course governments and banks will try to save it with our own money! Bailing out is just for big ones!

But we in crypto are in the same position as before, we know what we have, we are looking for ways to earn more, we are spending crypto on trading or gambling, and there's always some coins for that What pandemic did to us, nothing we just had more time to be here online! At least for me, and as I can see many others. We made a great bitcointalk tournament, and we played series 1 and started second series, feel free to join us! We can make even better and bigger tournament!

[cabron]

Tables are turned I guess. In the previous years, the traditional casinos are the ones that earnings big but Covid19 had changed it. When the virus made us all stay at home for safety, people didn't just look for safety but also entertainment and gamblers turn to online casinos, I doubt many of them will return to physical casinos. The internet win and cryptocurrency technology are leading all these to happen.

[Swordsoffreedom]

For Covid-19 epidemic, there are so many people are forced to stayed at home, for this reason online traffic is growing rapidly. Not only gambling, it impacts on Online based dating, games, cinemas, learning platforms and online based adult industry too. Since people can't go to the casino, this is a huge opportunity for online gambling platforms to attract the visitors who are stuck at home for lockdown.  Now a days I've noticed that too many players are started to enter in online poker rooms.

[Gotumoot]

I think it does because all of the casino has been shutdown due to lockdown casino gamblers would seek other type of gambling and they could see crypto gambling.
So for me it affected crypto but in a positive way it attracts more gambler.

[robelneo]

As you know, Covid-19 caused serious economic problems in the whole world, and a lot of industries got affected even indirectly, simply because people may now have less money to spend.

Do you think crypto gambling is one of such industries? Gambling is an expensive form of entertainment, and I would assume people will be gambling much less if they have lost their jobs due to lockdown. Or maybe there are some factors that counter that - like maybe crypto gamblers have deep enough pockets to sit through this quarantine and keep gambling.

What do you think? What is your experience in these times?

We have no data to check what is the real picture but based on my observation, people still playing and will continue to play, it's not a world war scenario it's a stay home scenario, where people are locked in their home and they can do what they want to do they have all the time, it's all up on if they have the money to spend playing, I guess some have it, and some do not.

[Renampun]

No need to create a new topic for this discussion imho since there are some other topic with the same discussion in this board. One of the topis is Corona virus (COVID19) Effect in Cryptocurrency Gambling and there are still some other topics related to covid19 vs crypto gambling. So better to lock this thread to avoid repepetive posts for the same discussion.

I agree with you...
discussing things that already exist is a waste of time. it is clear that this outbreak greatly affected crypto gambling, especially sports betting, all major games were canceled but good news came to online casinos that experienced an increase in players due to this outbreak.

[$crypto$]

In my opinion, crypto gambling is affected positively due to COVID-19.
As traditional casinos are closed due to lockdown and social distancing measures, people have started turning to online casinos and crypto casinos in order to savor their casino desires.

That's right, traditional casinos have been closed since the lockdown took effect and many gambling lovers are now turning to online casinos because it is one of the gambles that can be played at the moment but only sports gambling is not available due to being stopped due to this pandemic.
But casinos and poker are now becoming a lot of buried gamblers to play but we must be able to play with a quiet time and of course this to eliminate the sense of boredom at home.

[hahay]

So far gambling has not completely stopped just because of this epidemic and yes, at least the crypto gambler still holds some crypto in his wallet and that means gamblers who use crypto are still very likely to bet at the casino and also, even in my environment there are still a few places for some people get together and they really gamble. So even though the reduced income still won't stop every gambling addict, because as long as they or the gambling addicts still have money they will be ready to bet even in this Covid-19 pandemic and that is very worrying.

[figmentofmyass]

Crypto gambling and online gambling is not the same, crypto gambling is just a subtype of the latter, and it's likely only a very small piece of it. When people who used to go to brick and mortar casinos google "online casino", they likely won't get any crypto-related results, and unless they dig deeper or are already aware of crypto side, they'll probably never now about it. So, I really doubt that the coronavirus had positive effect on this industry.

it boils down to individual demographics. crypto gamblers who weren't too adversely affected economically hit the tables more, being shut in by the quarantines. SwC Poker had noticeably more traffic in april than march. they ran a quarantine poker series to capitalize on people staying home.

with spring weather in full swing though and the lockdowns being lifted, traffic seems to be lightening up again. our 2nd bitcointalk poker series which started last week brought out ~ 1/3 less players this time. hopefully that improves but we'll see. SwC is ending their quarantine series this week after a couple tourneys didn't reach their guarantees, which also tells me their traffic is dipping back down.

[Quidat]

As you know, Covid-19 caused serious economic problems in the whole world, and a lot of industries got affected even indirectly, simply because people may now have less money to spend.

Do you think crypto gambling is one of such industries? Gambling is an expensive form of entertainment, and I would assume people will be gambling much less if they have lost their jobs due to lockdown. Or maybe there are some factors that counter that - like maybe crypto gamblers have deep enough pockets to sit through this quarantine and keep gambling.

What do you think? What is your experience in these times?

All of industries are heavily affected on this one yet we know that quarantine which do made these industries doesnt generate any income because of the absence of people into a particular platform or place which is understandable but there are things that can still be done online like online casinos which are still continuing to operate amidst with the current pandemic situation.People who do play on physical places might consider this option while waiting for things to be resolved just to ease their leisure or want to gamble.It just a matter of choice and capacity though because not all would really have that
fund into their pockets to play while in a crisis, lucky for those who are rich but not for the average or lower ones.

[ShowOff]

So far gambling has not completely stopped just because of this epidemic and yes,

Especially for crypto-based gambling, the pandemic at least has an impact on sports betting that has been suspended. In general, other games will continue as usual and there may be an increase in the transition from sports bets to other bets.

So even though the reduced income still won't stop every gambling addict, because as long as they or the gambling addicts still have money they will be ready to bet even in this Covid-19 pandemic and that is very worrying.

Only heavy addicts have a habit of continuing to gamble under any circumstances and they like to make gambling where they make money. We dont need to worry about that, gambling is each others decision without coercion.

[panganib999]

As you know, Covid-19 caused serious economic problems in the whole world, and a lot of industries got affected even indirectly, simply because people may now have less money to spend.

Do you think crypto gambling is one of such industries? Gambling is an expensive form of entertainment, and I would assume people will be gambling much less if they have lost their jobs due to lockdown. Or maybe there are some factors that counter that - like maybe crypto gamblers have deep enough pockets to sit through this quarantine and keep gambling.

What do you think? What is your experience in these times?

Right at this point of time, economic state is really being affected because of the pandemic since people are tend to stay at home so there will be no production being made to produce goods and services that brings the economic state down for this moment. Gambling is one of those who is affected and it is included on the gaming industry that also have a big contribution to the economic state of a country since it pays taxes which is where the fund of a country came from. Well, offline gambling are the ones who are directly being affected by this since casinos and sports hall (for sports bet) is temporarily closed for a while. We can say that gambling still continue in an online platform through the use of online gambling sites which enables people to conveniently play while staying indoors. It is still somehow being affected because people might tend to temporarily stop playing because of limited source of money whether crypto or stable coins because people do not have jobs as of the moment.

[Natalim]

It's hard to get the exact effect because these data can only be acquired from the crypto casinos and they are not publishing it.

Here's my simple analysis..

people are struggling financially due to the covid-19 pandemic, but there are people who are still winning to gamble, maybe if we will based it on the financial struggle, money spent in gambling will be reduce but we also have to look at the bright side as gamblers on land based casino are now going into online gambling since we know they are close at the moment, so it's just some kind of ( clients = deduct + add)... I mean there's a little effect negatively.

overall they'll survive and might grow over time. 

[smyslov]

As you know, Covid-19 caused serious economic problems in the whole world, and a lot of industries got affected even indirectly, simply because people may now have less money to spend.

Do you think crypto gambling is one of such industries? Gambling is an expensive form of entertainment, and I would assume people will be gambling much less if they have lost their jobs due to lockdown. Or maybe there are some factors that counter that - like maybe crypto gamblers have deep enough pockets to sit through this quarantine and keep gambling.

What do you think? What is your experience in these times?

During lockdown I still find the time to play because I have a long hour infront of the computer, I believe the effect is not really negative, there are some gamblers that got affected but those who are on a no work no pay basis but businessman and those with secured job are not, we hardly see online gambling closing during this pandemic.

[Kemarit]

Obviously, whales might not be affected though, they are big time gamblers and love to play all-in so I will assume that they will not be affected by this pandemic. They can throw literally millions of dollars to continue with their habits. But for average Joe's, it will be a different story, perhaps they will likely to play less and manage their crypto's accordingly. We really didn't anticipated that the lockdown will go on for months, maybe in the first month, they continue to gamble, but as the quarantine is extended, majority of them might shift their priorities, "to bring food in the table", instead of gambling their crypto/fiat.

[btc78]

As you know, Covid-19 caused serious economic problems in the whole world, and a lot of industries got affected even indirectly, simply because people may now have less money to spend.

Do you think crypto gambling is one of such industries? Gambling is an expensive form of entertainment, and I would assume people will be gambling much less if they have lost their jobs due to lockdown. Or maybe there are some factors that counter that - like maybe crypto gamblers have deep enough pockets to sit through this quarantine and keep gambling.

What do you think? What is your experience in these times?

Crypto gambling grows more in this Pandemic meaning that Gambling here Benefits from COVID-19 .about the less money ?well those small time gamblers but those capable?they can even spend more than they usually risk.
Look how much time they have now compared in normal or live casino?
and also the advantage of this Virus is people now learn more about online gambling  since this is the only option they have this days.

[fortunecrypto]

As you know, Covid-19 caused serious economic problems in the whole world, and a lot of industries got affected even indirectly, simply because people may now have less money to spend.

Do you think crypto gambling is one of such industries? Gambling is an expensive form of entertainment, and I would assume people will be gambling much less if they have lost their jobs due to lockdown. Or maybe there are some factors that counter that - like maybe crypto gamblers have deep enough pockets to sit through this quarantine and keep gambling.

What do you think? What is your experience in these times?

I don't think it has a negative impact all, there are still a lot of gambling sites and the promotion is still great, there are still a lot of promotion nothing really changes, I guess people are still playing and they can play longer hours now, because of the longer hours they now stay on their homes, and the longer you stay the longer coins that you are going to spend.

[imstillthebest]

on the chat where the gambling site i play i see people mentioned about the stimulus money or the one that governments give to them   . so i suspect that they are using that money to gamble   .

 so they still play gambling , they also recieve thier adavance 13 month pay and other incentives from thier postponed job   .   while on me  , i dont have work before so i can say that my gambling status is still the same    . i still play minimally with or without funds

[rhomelmabini]

I don't think it affects that much negatively on the gambling industry but I think the appropriate answer was it affect positively as many people who prefers physical casinos have turn into online gambling specifically crypto gambling.

Calvin Ayre endorses here shitcoinSV but I think that still makes an impact over crypto gambling, to say the least.
https://www.bnnbloomberg.ca/technology/video/calvin-ayre-invest-in-bitcoin-sv-not-other-crypto-tokens~1694302

More positive news about crypto gambling amid the pandemic: http://www.casinogamespro.com/2020/04/06/new-cryptocurrency-casino-to-be-launched-by-atari-despite-spreading-coronavirus-crisis