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Author Topic: Did Covid-19 affect crypto gambling?  (Read 990 times)
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June 07, 2020, 10:59:33 AM
 #81

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. Sad


This scenario demonstrates that no matter what situation we have or whatever crisis we are in, online casinos will thrive as people from all walks of life can access it anytime, anywhere. Only thing is that, most of those players that are relying on their salary are having their tight budget to nothing at all during this pandemic. Yet, even if they say they are in budget, they still can allot a lil bit to spend on their gambling habits. This is where casinos are capitalizing at, those gambling addicts that will play no matter the situation is.
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June 07, 2020, 01:32:22 PM
 #82

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.
Well, these probably are the ones whose either addicted to gambling already and they can't help themselves and pandemic isn't enough to stop them Cheesy or they are just hoping that gambling can give some money for them to be use to buy some essentials - in short they are risking their money thru gambling. Can't blame them but it would be better if they will stop gambling right now and focus on buying essentials and find another job either online (better) or offline if they can go out and work.

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. Sad
With the establishments being closed worldwide for more than a month, the pockets of the employees and those who are working are empty unless they have emergency funds which is I recommend for those who are working. I'm saving up some money too so that I can buy some essentials that will help us to survive in this pandemic.

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June 07, 2020, 02:12:18 PM
 #83

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. Sad


This scenario demonstrates that no matter what situation we have or whatever crisis we are in, online casinos will thrive as people from all walks of life can access it anytime, anywhere. Only thing is that, most of those players that are relying on their salary are having their tight budget to nothing at all during this pandemic. Yet, even if they say they are in budget, they still can allot a lil bit to spend on their gambling habits. This is where casinos are capitalizing at, those gambling addicts that will play no matter the situation is.
Its just sad to think that they are still trying out their best to play even if their salary or money is just really enough for their daily needs.Well, this is
how gambling addicts do make such dumb decisions as long they can feed out their leisure on playing gambling and thats the priority on their mind most of the
time.Covid pandemic indeed affect crypto gambling both casinos houses and players itself but still we can access it through online which means
people do still have that option and now that casino physical places already open their doors then situation would even more rampant.

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June 07, 2020, 08:16:34 PM
 #84

I feel like this corona pandemic lockdown made the crypto gambling industry to boost up more from their past because people no need to visit casinos and also they will not be having any issues if they olay on gambling sites which has no KYC policies.

One who is living their life from their monthly salary and having gambling as their regular habit got affected but as you said its expensive form of entertainment so more people who got money will be spending online for now.
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June 07, 2020, 08:38:44 PM
 #85

Every domain was affected but gambling was hard affected as there were no games or sports playing during this period besides some Esports tourney but most of the gamblers have no idea about Counter Strike, Dota , LoL or Overwatch leagues so they did not attract a lot of new gambles but instead a lot of gamblers start using online casinos.

In my country the gamble agencies will reopen only one month from now so if you're not using a visa or paypall, skrill , you have no option to gamble on sports, even now when Bundesliga and a few other league are back.


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June 07, 2020, 09:00:06 PM
 #86

I think that crypto gambling should have been rising as people are sitting at home doing nothing and a lot of them are holding a lot of their crypto and loosing hope on a bull run... perfect combination for spending some crypto by gambling (and note that for a lot of people crypto is not on the same mind compartment as "true" money)
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June 07, 2020, 09:02:59 PM
 #87

I feel like this corona pandemic lockdown made the crypto gambling industry to boost up more from their past because people no need to visit casinos and also they will not be having any issues if they olay on gambling sites which has no KYC policies.

One who is living their life from their monthly salary and having gambling as their regular habit got affected but as you said its expensive form of entertainment so more people who got money will be spending online for now.

Yup, it increased the profits for sure especially due to lockdowns.

People were made to stay at home and work online so they were able to do things they weren't able to during work. Like you wouldn't be able to gamble at work because someone might come in and catch you.

 Also in many workplaces casinos and porn sites are blocked and you can't even access them or get a warning if you're found doing it. At home you're free to do whatever you want.
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June 07, 2020, 11:38:42 PM
 #88

I think that crypto gambling should have been rising as people are sitting at home doing nothing
It is possible that the increase in new users on gambling sites, both crypto and fiat gambling sites is caused because they have to stay at home. People are too stressed at home and gambling is the solution for those who like to spend money for pleasure.

Only by staying at home, you will reduce the burden on the government and health workers in terms of reducing the incidence of infection and you are free to do anything while at home including gambling. Remember that during a pandemic many people need more saving money, so its better to manage the amount of money that will be spent gambling each month is something to consider.

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June 08, 2020, 03:40:18 AM
 #89

I think that crypto gambling should have been rising as people are sitting at home doing nothing and a lot of them are holding a lot of their crypto and loosing hope on a bull run... perfect combination for spending some crypto by gambling (and note that for a lot of people crypto is not on the same mind compartment as "true" money)
And you are safe from the virus at the same time...  Grin
It still needs more time to see crypto gambling rising because people can not accept crypto as soon as possible. I think people need to think about crypto itself, and they need to learn more about crypto so they can understand how to use crypto. If they already know about crypto, and they found a gambling website by coincidentally, I think that can encourage them to try to play crypto gambling. Maybe we will see the number of people who play crypto gambling will increase, but still, we don't know how many people who gamble using crypto.

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June 08, 2020, 04:01:07 AM
 #90

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.

Actually as time passed by there is a harder and harder effect over the weeks since you post this the effect really goes wider and all the businesses and establishments falls down.

Quote
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.


Gambling can be called luxury game and will only fulfilled if we have much money to play with and because Jobs are forbidden these days?only few gamblers can spend time and money to play.

Quote

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

But i think since even whales or millionaires has no other place to play?then Gambling online is blooming and making way to growth.

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June 09, 2020, 10:59:49 PM
 #91

It is reported that during the COVID-19, the flow of blockchain gaming platforms increased significantly. As more and more people isolate themselves due to the COVID-19, game platforms around the world have experienced peak traffic. The intuitive factor for the growth of blockchain game traffic this time is the epidemic, but the real reason behind it is the demand for blockchain games.
There's a demand already, it has just increase now as traditional gamblers are introduce to crypto online gambling and they love platforms in crypto and that result to the adoption. We can consider what is happening now helps the us to introduce crypto gambling to traditional gamblers, and hopefully they will stay even when the pandemic is over.

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June 09, 2020, 11:29:07 PM
 #92

It is reported that during the COVID-19, the flow of blockchain gaming platforms increased significantly. As more and more people isolate themselves due to the COVID-19, game platforms around the world have experienced peak traffic. The intuitive factor for the growth of blockchain game traffic this time is the epidemic, but the real reason behind it is the demand for blockchain games.
There's a demand already, it has just increase now as traditional gamblers are introduce to crypto online gambling and they love platforms in crypto and that result to the adoption. We can consider what is happening now helps the us to introduce crypto gambling to traditional gamblers, and hopefully they will stay even when the pandemic is over.
With the less appearance of physical casino it is indeed online casino is in demand nowadays due to the pandemic. This makes more demand in online gambling since people can't go out too due to the lockdown. But I doubt if more people would stay to play in online gambling anymore if the pandemic is over, I'm sure they missed having someone to talk to when playing. It's like more people is excited about how to socialize to others.

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June 09, 2020, 11:29:58 PM
 #93

The current health issue is changing a lot not only in gambling but everything we have before and having a new normal this time.

Most likely before we saw a lot of people go to casinos, sports live games but everything has changed now. Instead of seeing them roam around, they'll keep themselves at home and gamble online. That is why we could see the massive growth of online gamblers compared before COVID-19 and the lockdown. But the worse thing that I may see this is will cause more gambling addiction.

To see there is a positive effect but also creating a negative result. Now that people are getting lazy to go outside because they'll keep gambling.



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Rainbot
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June 10, 2020, 12:44:32 AM
 #94

It is reported that during the COVID-19, the flow of blockchain gaming platforms increased significantly. As more and more people isolate themselves due to the COVID-19, game platforms around the world have experienced peak traffic. The intuitive factor for the growth of blockchain game traffic this time is the epidemic, but the real reason behind it is the demand for blockchain games.
There's a demand already, it has just increase now as traditional gamblers are introduce to crypto online gambling and they love platforms in crypto and that result to the adoption. We can consider what is happening now helps the us to introduce crypto gambling to traditional gamblers, and hopefully they will stay even when the pandemic is over.
With the less appearance of physical casino it is indeed online casino is in demand nowadays due to the pandemic. This makes more demand in online gambling since people can't go out too due to the lockdown. But I doubt if more people would stay to play in online gambling anymore if the pandemic is over, I'm sure they missed having someone to talk to when playing. It's like more people is excited about how to socialize to others.
And that is also a proof that gamblers can't hold of themselves even when there is a pandemic. They will choose to gamble instead of focusing their money in the essentials for their family Cheesy.

After this pandemic, probably there will be some who will stay in online gambling because they see it enjoyable and less hassle for them but still there are some who will go to a physical casino as they are more comfortable with many people around them. They can communicate with other people personally and maybe that is what makes them excited like you said.

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June 10, 2020, 01:32:13 AM
 #95

It affects Crypto gambling in positive and negative ways, but it's more on a positive because those who are playing in the gambling casinos are shifting to online casinos and there was a study about that, people have a lot of time to play or gambling online because of the pandemic, on the negative side since a lot of industries are closed not everyone can play on whatever they have they have to allocate first for their basic needs and only use what remains on the budget.

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June 10, 2020, 01:41:24 AM
 #96

It affects Crypto gambling in positive and negative ways, but it's more on a positive because those who are playing in the gambling casinos are shifting to online casinos and there was a study about that, people have a lot of time to play or gambling online because of the pandemic, on the negative side since a lot of industries are closed not everyone can play on whatever they have they have to allocate first for their basic needs and only use what remains on the budget.

We don't hope that if many people playing online gambling will make them addicted to gambling because they have a lot of time to play gambling at their home. They can play gambling anytime they want, but they must know that playing gambling is only for fun purposes and don't use gambling as a source of income because we already know that many people lost their job because of this pandemic. People should use the internet to search for a new way of making money so they can have a chance to buy their basic needs such as food, drinks, vitamin, fruits, and else.
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June 10, 2020, 02:13:25 AM
 #97

It affects Crypto gambling in positive and negative ways, but it's more on a positive because those who are playing in the gambling casinos are shifting to online casinos and there was a study about that, people have a lot of time to play or gambling online because of the pandemic, on the negative side since a lot of industries are closed not everyone can play on whatever they have they have to allocate first for their basic needs and only use what remains on the budget.

i think that pretty much summarizes what happened during this pandemic. online casinos gain some new users, but other players have their tight budget, that they need to secure their basic needs first. but i think generally speaking, its more on the positive side as many people are stuck in their homes, they have nothing to do but spend more time online and gambling is one of the entertainment platforms that they can easily accustomed to

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June 10, 2020, 03:34:26 AM
 #98

It is reported that during the COVID-19, the flow of blockchain gaming platforms increased significantly. As more and more people isolate themselves due to the COVID-19, game platforms around the world have experienced peak traffic. The intuitive factor for the growth of blockchain game traffic this time is the epidemic, but the real reason behind it is the demand for blockchain games.

Demand for Blockchain games are indeed but of course there are no option because live casinos and local gambling places are off as they are being forced to close by government.

but we know that the search for Cryptocurrency because of lockdown so the implication of affecting the gambling world will also increased.

What i wanted to see is the graph about how each gambling sites increase this covid19 season.










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June 10, 2020, 03:43:06 AM
 #99

I don't think so. It even helped to introduce to some people the blockchain and cryptocurrencies because of their habit in gambling. More people are now aware and they can use it to gamble online. Maybe some of them are now investing in crypto because they learned the potential of it in the future.
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June 10, 2020, 03:54:51 AM
 #100

Covid-19 has no effect on gambling but rather has increased the demand for gambling Because of the lockdown everyone is leaning towards online gambling without wasting time sitting at home. Many play for fun. But most people are participating in gambling to overcome the financial crisis The demand for crypto is increasing along with gambling Covid-19 hurts the country's economy but has no effect on crypto and gambling.

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