Did Covid-19 affect crypto gambling?

[Casdinyard]

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Personally, I can still afford to buy my needs and still have a little budget for extra entertainment but thinking wisely, I will prefer not to gamble.  I want to use this extra money practically or save this in case of an extended lockdown or emergency. I'm thinking of only going back to gambling if everything started going back to normal. So to answer your question, yes, it made me stop gambling for a while since I have my priorities I need to think first than gambling.

Of course we must be able to save in our finances because if we bet with existing money it will be difficult too if the lockdown is extended later with that policy we must think that entertainment with gambling is not right at that time except tips on having lots of money then it's up to you because with enough money will certainly make us calm.

'Re Like people we are just barely satisfied in need while saving is one to survive during this pandemic so I am the same as you stop for a moment to gamble using money needs.

I think the question should be more subjective because the covid-19 have nothing to do with crypto gambling it is impacting on every people so it should be more specific. Nonetheless, I haven't seen any data saying that the user of most gambling platform is decreasing. So I guess it is safe to say that covid-19 do not touch the crypto gambling. In theory, crypto gambling services should be in trend right now because every gambling houses is closed as of the moment.

[adzino]

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?

Correct. Those who lost their jobs are likely to quite gambling at least for now (or they go all crazy and try to gamble their savings). Again, those people whose pockets are already filled but want to gamble as a form of entertainment (during this boring lockdown). Again, those who are already heavy gamblers, but never gambled on crypto casino might also turn to online casinos. Highly likely to choose a crypto casino due its all the benefits and easiness.

[Rengga Jati]

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?

The answer is yes. There are some reasons why the gambling industry also becomes one of the sectors that are influenced or affected by this pandemic.
1. There are so many offline casinos closed during this pandemic. It reduces the income for many parties; the owners, people working there, the environment around casinos, and also the gamblers itself.
2. Many gamblers cannot come to the casino to play, willing to win but they are not laying. Probably it does not only influence their financial system but also their physiology. Moreover, they are addicted to gambling.
3. Online gambling sites are now more popular. Many gamblers come to or switch to online gambling to keep playing gambling. It may be different enough from the offline casinos, but at least, they can still play them.

[Hippocrypto]

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Personally, I can still afford to buy my needs and still have a little budget for extra entertainment but thinking wisely, I will prefer not to gamble.  I want to use this extra money practically or save this in case of an extended lockdown or emergency. I'm thinking of only going back to gambling if everything started going back to normal. So to answer your question, yes, it made me stop gambling for a while since I have my priorities I need to think first than gambling.

Of course we must be able to save in our finances because if we bet with existing money it will be difficult too if the lockdown is extended later with that policy we must think that entertainment with gambling is not right at that time except tips on having lots of money then it's up to you because with enough money will certainly make us calm.

'Re Like people we are just barely satisfied in need while saving is one to survive during this pandemic so I am the same as you stop for a moment to gamble using money needs.

We can only spend our money for the needs and it's really hard to think about gambling, because people couldn't come out to work and earn money. What has left was minimal saving to feed the family as well as having that money for survival while every community was on quarantine. Those scenarios is the key factors why crypto gambling couldn't be patronized at 100% by now, due to ongoing financial crisis of every individuals.

[Debonaire217]

Of course yes, almost all of the industry has been affected by the covid19 crisis, however, physical gambling casinos are the ones who experience a higher intensity of the effect due to closing the establishments. While online gambling casinos possibly has higher traffic because there's a possibility that physical casino gamblers might seek alternative ways to play and playing online is the most efficient. Well, no other way to consider. On the other hand, there's also a possibility that most of the people are saving their funds for their needs so instead of gambling physically or online, they might consider buying foods and other goods they need.

[Fundamentals Of]

There are probably more crypto gamblers affected by the current crisis than those whose pockets are deep enough they need not worry about the pandemic at all. Gambling is a luxury many people must have set aside for now in favor of the more necessary expenses. This is my experience right now especially because the end of this crisis is still not in sight pending vaccine success.

[Oasisman]

There are probably more crypto gamblers affected by the current crisis than those whose pockets are deep enough they need not worry about the pandemic at all. Gambling is a luxury many people must have set aside for now in favor of the more necessary expenses. This is my experience right now especially because the end of this crisis is still not in sight pending vaccine success.

Basic necessities doesn't matter for those who still itching to gamble because they still have enough money to survive for many years even with the pandemic and lockdown. Since most gamblers are rich and some are in the middle class. Not to mention they are into cryptocurrency, I assume they have enough money to risks in investing in cryptocurrency.
Nevertheless, you are right, let's set aside these vices for now. Let's help the needy first at this very moment.

[maydna]

We can only spend our money for the needs and it's really hard to think about gambling, because people couldn't come out to work and earn money. What has left was minimal saving to feed the family as well as having that money for survival while every community was on quarantine. Those scenarios is the key factors why crypto gambling couldn't be patronized at 100% by now, due to ongoing financial crisis of every individuals.

Correct, many people are trying to fill their daily needs and reduce to buy an unnecessary thing before they can buy the primary thing. They need to save money for the future, just in case if the pandemic is over until the end of the year. That money will be too important for them to be used for playing gambling unless they have another cash that is free from the primary thing that they need to buy. Perhaps, if they have cryptocurrency, they will use that crypto to play gambling, and I guess some people who have crypto is already playing gambling using crypto.

[peter0425]

Positively yes,there is a Good effect in Crypto Gambling this pandemic ,Look how many gambling sites has been advertised here in forum in just a 2 months duration?

Right, there has been an increase in the promotion of new gambling sites and old sites on forums in the last few months. Gambling sites maximize their chances of attracting visitors because many people are bored staying at home while lockdown.

Exactly my Point there mate because this kind of increase usually happens only in the year ender as on that days People having bonuses than can be spend in gambling but look at now while the world has crisis gambling sites are popping as if there are no big problem.

However, I dont think that this will increase site revenue quickly because some people will also save money during a pandemic. No sports betting also has an important factor for them to try to attract the interest of gamblers turning to sites with other classic games such as dice, blackjack, and others.

i believe that the main target here are those Big fishes in gambling,as they have no option to go in casino houses so they will surely provide something for their desires to gambling and that is online playing.

[Kasabus]

i believe that the main target here are those Big fishes in gambling,as they have no option to go in casino houses so they will surely provide something for their desires to gambling and that is online playing.

Maybe we should also try to ask ourselves, what are the games those big gamblers are playing in a casino? IMO, they risk more money on games they think they have a big chance of winning, like Poker, so do you think they would trust the online poker when they are a traditional gambler?

[kotajikikox]

I have seen some new gambling betting sites comes out this past months and i assume that this is the effect of quarantine so the gambling lords are targetting boring people in their houses to enjoy betting i guess?though i have no concrete evidence that gambling community grows with Covid19.

Maybe we should also try to ask ourselves, what are the games those big gamblers are playing in a casino? IMO, they risk more money on games they think they have a big chance of winning, like Poker, so do you think they would trust the online poker when they are a traditional gambler?

Remember gambler will always look for gambling and thats the reality of them to sustain their habits mate.

so for me even this is online but leaved them without options to play?of course they will surely risk money because they care nothing to lose what important to them is to make a chance of winning for their own satisfactions .

[stadus]

I have seen some new gambling betting sites comes out this past months and i assume that this is the effect of quarantine so the gambling lords are targetting boring people in their houses to enjoy betting i guess?though i have no concrete evidence that gambling community grows with Covid19.

We will never know I guess but in general I think the gambling industry has been affected a lot.
Like for example, a land based casino like Vegas, they are making billions of money in a yearly basis, so that is a big loss now that they are stopped from operating.

[swogerino]

I think crypto gamblers are the least hit by the crisis.Most of the crypto gamblers have good money to spend and most of them may have backup crypto saved which they can use during this time.The same cannot be said for fiat gambling as people tend to spend their money through their daily living and I think have less money to spend on gambling compared with crypto gamblers.

[KrisAlex18]

This COVID-19 makes the whole casino gambling temporarily closed because they are lessening the risk of spreading the virus and as we all know if we are in the casino gambling, it is so crowded, there are many people inside the casino so if they still allow casino gambling to open there would be a lot of gamblers that will still play and the social distancing would not be seen in the casino.

Online gambling is now being popular, to avoid boredom at home we tend to do something, and play g online games is one of the common things we are doing because it finds so entertaining and it is also a way of making money.

But always be careful when gambling because it is like trading and investing, we are taking the risk, we may lose and we may win, so we really need a big capital when doing so.

[BitcoinsGreat]

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Personally, I can still afford to buy my needs and still have a little budget for extra entertainment but thinking wisely, I will prefer not to gamble.  I want to use this extra money practically or save this in case of an extended lockdown or emergency. I'm thinking of only going back to gambling if everything started going back to normal. So to answer your question, yes, it made me stop gambling for a while since I have my priorities I need to think first than gambling.

Of course we must be able to save in our finances because if we bet with existing money it will be difficult too if the lockdown is extended later with that policy we must think that entertainment with gambling is not right at that time except tips on having lots of money then it's up to you because with enough money will certainly make us calm.

'Re Like people we are just barely satisfied in need while saving is one to survive during this pandemic so I am the same as you stop for a moment to gamble using money needs.

We can only spend our money for the needs and it's really hard to think about gambling, because people couldn't come out to work and earn money. What has left was minimal saving to feed the family as well as having that money for survival while every community was on quarantine. Those scenarios is the key factors why crypto gambling couldn't be patronized at 100% by now, due to ongoing financial crisis of every individuals.

The middle class and the lower class person are badly affected by covid 19 lock down and they find it difficult to meet their daily needs. In these situation they can't even think of playing gambling. However, this does not mean that gambling business is down, those who are rich are still playing and enjoying online gambling.

[BitcoinTurk]

What do you think?

If you need to evaluate about today, I think that interest in online gambling services will increase and services that provide cryptocurrencies and gambling services will be more preferred. Especially during this period when physical casinos are closed, many gamblers will prefer to continue gambling online. In the long term, I think that if this quarantine process gets longer, people will gain the habit of playing gambling online and the interest in such services will remain at such high levels in the future. In this process, it will be very easy to give people this habit, I think the services in the gambling industry should make good use of this opportunity. Who knows, perhaps the next trend will be online gambling services, and physical casinos will lose current market power.

[Fundamentals Of]

There are probably more crypto gamblers affected by the current crisis than those whose pockets are deep enough they need not worry about the pandemic at all. Gambling is a luxury many people must have set aside for now in favor of the more necessary expenses. This is my experience right now especially because the end of this crisis is still not in sight pending vaccine success.

Basic necessities doesn't matter for those who still itching to gamble because they still have enough money to survive for many years even with the pandemic and lockdown. Since most gamblers are rich and some are in the middle class. Not to mention they are into cryptocurrency, I assume they have enough money to risks in investing in cryptocurrency.
Nevertheless, you are right, let's set aside these vices for now. Let's help the needy first at this very moment.

There are surely people who are not affected by the crisis brought by the covid pandemic.

I don't agree that most gamblers are rich. That is not what many available data on the subject show us. Majority of the world's gamblers are poor. Gambling is especially rampant in poor and depressed communities.

You're right, if rich people can have the luxury to gamble during this crisis, they might be able to help the needy also. But it's their freedom.

[LogitechMouse]

In my opinion, COVID19 affected crypto gambling but not a directly affected.

Most of the gamblers right now can't go to work since there is a lockdown in their place. Since they can't work, they have no monthly salary for 1-2 months already. They have no salary means they don't have any funds to be use for crypto gambling. Since most of the gamblers can't gamble right now, the daily profit of the owners of these crypto gambling sites are affected and decreased.

It is not affected directly by the virus but the fact that it affected the gamblers since they have no source of income for a month or two is the proof that it really is affected.

[TheUltraElite]

It is the start of the month June and still people are gambling like nothing happened on online casinos. New casinos are coming up everyday and new games which are mostly PvC type.

The difference is only that EV+ games have reduced but with soccer games coming soon we might see reopening on sports betting as well. For now it is just eSports and if you are not a fan of those or have prior experience in them, dont go for them. Of course a wise gambler would know that already.

Also people have less money in their pockets now. So it would wiser to save up for essential costs. Many people have lost their jobs too.

[Shimmiry]

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.

Well, I believe that those were the only two possibilities on how does covid-19 affect crypto gamling worldwide. Covid-19 might made crypto gamblers be out from gambling for a while because it became a pandemic, maybe they thought that it will be the best option to stay away from it and fund their money for emerygency purposes and for food and other necessary things that they will be using under quarantine. Because of that, a lot of gamblers maybe stopped for a while. On the otherhand, due to gamblers are off from work, and they do have a lot of money to spend with, and they are crypto gamblers, they had a lot of time to gamble. If a lot of them did that, it will make crypto gambling to become steady as it is because they filled those holes left by those who are out on fambling for a while. Or maybe crypto gambling went higher because there are a lot of gamblers that are at home gambling from time to time.