Crypto Gambling Weekly

[Xinarae*]

The demand for crypto gambling will continue to grow but it does not apply to fiat's currency is confined to one place and it is very difficult to make a profit here crypto gambling is a kind of addiction and many people play it through entertainment. Crypto gambling sites are improving a lot through blockchain every gambler has a great way of betting crypto gambling protects every gaming site, and its slots no one knows the details of crypto gambling and everyone makes the game great.

[Strongkored]

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Thanks!

If look at new and old gambling sites using Bitcoin as a payment method, it can be said that. For now, gambling sites are the main ones in rapidly adopting Bitcoin, very different from other businesses that have not or are doubt to use BTC, maybe the reason why many gambling sites accept BTC or crypto because can make players safe because don't need to reveal their personal identity when use it.

[Lorence.xD]

~

Besides want privacy, people want to use different currencies besides using fiat money. They can still use fiat for something in their real life while using crypto to gamble. If they can manage how they use their money, they will not have a problem with using fiat and crypto for their life. But the privacy will be one thing that they concern about because by using crypto, they don't have to verify their account to just playing gambling. The Crypto gambling business will grow because of the use of crypto, making cryptocurrency popular.

The problem with playing unverified in a gambling website is that the gambling website can use it to their advantage by locking the user out of their account if they were to ever win something big, it is a pretty prevalent issue right now. I don't think that it will be easy for a gambling addict to manage their money, they are the worst kind of people that will have money land on their hands. I was once told of a murder of someone who was a gambling addict who owed so much money that there is no way that that person could pay it. Hopefully, not only gambling will make cryptocurrency popular but also bitcoin as it is.

[TedMosby]

nice website, so we BTCGosu and BitEdge now for gambling website reviews on this forum.

crypto gambling website allows us to register and play from a restricted country. but when it comes to withdrawing a big amount of money, some gambling companies need to double-check their user.

bitcoin had been a medium for restricted or illegal transactions for a long time. I believe this is very segmented to some people/community only. IMO, e-commerce, marketplace, or payment gateway/service, might be the main catalyst for bitcoin to be widely adopted.

[milewilda]

~

Besides want privacy, people want to use different currencies besides using fiat money. They can still use fiat for something in their real life while using crypto to gamble. If they can manage how they use their money, they will not have a problem with using fiat and crypto for their life. But the privacy will be one thing that they concern about because by using crypto, they don't have to verify their account to just playing gambling. The Crypto gambling business will grow because of the use of crypto, making cryptocurrency popular.

The problem with playing unverified in a gambling website is that the gambling website can use it to their advantage by locking the user out of their account if they were to ever win something big, it is a pretty prevalent issue right now. I don't think that it will be easy for a gambling addict to manage their money, they are the worst kind of people that will have money land on their hands. I was once told of a murder of someone who was a gambling addict who owed so much money that there is no way that that person could pay it. Hopefully, not only gambling will make cryptocurrency popular but also bitcoin as it is.

Not really that bad to test out waters but only on small amounts of money for you to play specially if you are dealing with new gambling sites and even those popular websites
at the moment did really start on being a newbie site but do able to build up their reputation as the years passed.This isnt something that can be attained for a short time.
Gambling industry did really give out some impact or awareness of bitcoins existence, it is being advertised in other social media platforms out there
and its quite rampant or evident, it might not be solely for that reason but at least we can see that it can be applied into numerous industries.

[danherbias07]

So that's like a news center? Nice.

Bitcoin should be the innovation of online gambling but when you think about the withdrawal fees, it will just hurt you so bad.
$20-50 converted in different gambling website. That could have been a one day bet for some gamblers.
I'd rather stick with Ethereum or if there is another option like XRP I might choose that.
It had been always the exit which is the main problem. It's just too expensive.

[Ararbermas]

This is a good idea since crypto users constantly increasing time on time. And you can help them actually to find new way to make a profits through safe gambling sites.  But i suggest check very carefully when it comes providing a gambling site on this thread, cause you know not all on this industry are legitimate.. So you must visit the Scam accusation thread on this forum so that you have an information what are the good and bad sites when it comes to gamble.. This forum can tell you the truth men, so you must explore more..

[hahay]

Not really, although gambling looks popular but in fact not everyone really likes gambling and even though they talk about gambling, they are not really gambling or just gambling in their own circle. So I think bitcoin is not just about gambling and this looks big because we are at least active in bitcoin gambling every week, so we assume bitcoin will get bigger as the world of gambling develops.

[Fundamentals Of]

It allows people from countries with strict gambling laws to play with no worry of punishments. It also allows successful gamblers to play without account restrictions placed on them - as they would get at fiat sportsbooks - and a whole host of other benefits.

Not really. If your country does not allow gambling, that means you are not also allowed to play on gambling sites. Your country will probably be listed among those which are considered restricted countries. If you are to violate your country's and the gambling site's policy, then you should be worrying about punishments.

Once you are discovered to be doing something illegal by your country, you will be punished. And once the site will discover that you are playing from one of its restricted countries, then your account might be blocked and your funds frozen.

[Lorence.xD]

~

Not really that bad to test out waters but only on small amounts of money for you to play specially if you are dealing with new gambling sites and even those popular websites
at the moment did really start on being a newbie site but do able to build up their reputation as the years passed.This isnt something that can be attained for a short time.

It is not bad to test but look at all the issues with established gambling website on the Scam Accusations board. A lot of the users is having problem with the gambling websites that they are playing in, you know of the saying about being good at first but the longer you know the worse it becomes.

[Wexnident]

Something like a sportsbook weekly update? Looks kinda nice. Might want to create a megathread for weekly updates instead? It isn't a catalyst, but it is definitely one of the leading industries when it comes to adoption. A catalyst imo would be something that anyone would regularly use, an industry that is accepted and is legal in all countries, unlike gambling which is illegal in some. The opposite could happen though, with instead of casino helping Bitcoin, it'd be Bitcoin helping casinos instead in spreading their industry. Just the crypto-based casinos are enough to be called one for instance.

[kotajikikox]

Hi everyone,

Gambling through sportsbooks and casinos seems like a great use case for Bitcoin (and other cryptos) at the moment.

It allows people from countries with strict gambling laws to play with no worry of punishments. It also allows successful gamblers to play without account restrictions placed on them - as they would get at fiat sportsbooks - and a whole host of other benefits.

As this sector is growing fast, I thought I'd write a weekly update about the developments in the crypto sportsbook/casino world.

Feel free to check it out and let me know your thought (there are a couple bets to follow in there too, if that's your thing) - https://bitedge.com/blog/crypto-betting-weekly-19-feb-2021/

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Thanks!

Sorry but I can't understand how does it works , Because seemingly the Country's law is applicable in all gambling violators and i don't see any reason how would someone from that country can be freely play with your help.
or maybe i just don't get what the objective is from this site, thanks for the enlightenment in advance to those concern that can answer me clearly.

[panganib999]

Not really, although gambling looks popular but in fact not everyone really likes gambling and even though they talk about gambling, they are not really gambling or just gambling in their own circle. So I think bitcoin is not just about gambling and this looks big because we are at least active in bitcoin gambling every week, so we assume bitcoin will get bigger as the world of gambling develops.

No one forces anyone to play gambling. It is our own free will to play and to take the risk, luck and earn profit by means of gambling. Yes. I believe that many people actually avoiding gambling because of the fact that they are not into it or they have something or other ways to earn money and make some profits. I, personally didn't active weekly in gambling because of the incident that I experienced last time. I didn't able to control myself and I end up loosing all of my funds yet that was a lesson for me that I need to be more careful next time and learn to control myself in every situation. Bitcoin is one of the most gamble coin right now, and I think and agree that we must know what truly it is and how gambling works.

[madnessteat]

The introduction of bitcoin into the online gaming industry had a very positive effect on the spread of bitcoin in the early stages of integration. Now, with the rise in its price and the consequent increase in fees, it does not play much of a role. Bitcoin now attracts long-term investors and speculators because of its volatility.   

[rhomelmabini]

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

I think on the neutral part and gambling with bitcoin has been years already and afaik it could be a two edged sword considering both gambling and crypto are too risky some people might be skeptical on both. The catalyst Bitcoin is waiting isn't in gambling sector but more of the use case of the underlying technology behind it by many sectors in the industry, just my two cents.

[maydna]

~snip~

The problem with playing unverified in a gambling website is that the gambling website can use it to their advantage by locking the user out of their account if they were to ever win something big, it is a pretty prevalent issue right now. I don't think that it will be easy for a gambling addict to manage their money, they are the worst kind of people that will have money land on their hands. I was once told of a murder of someone who was a gambling addict who owed so much money that there is no way that that person could pay it. Hopefully, not only gambling will make cryptocurrency popular but also bitcoin as it is.

It can be avoided by playing gambling at the recommended, trusty, and have a reputation gambling site to prevent that thing. As long as a gambler can know about that, they will be okay and will not get any problem. That will be the problem for a gambling addict to solve their issues as they must know that playing gambling can make them addicted. They should not become addicted and always take care of themselves by managing their money. The cryptocurrency gives a chance to make a gambling business grow, especially for a crypto gambling site.

[vintages]

As this sector is growing fast, I thought I'd write a weekly update about the developments in the crypto sportsbook/casino world.

Feel free to check it out and let me know your thought (there are a couple bets to follow in there too, if that's your thing) - https://bitedge.com/blog/crypto-betting-weekly-19-feb-2021/

Thanks!

Nice article and very good insight too. Would love to see more in the future.

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Thanks!

Not really. However, there is a few percentage to it contribution. Even though there are many betting and gambling online platforms, setting up and implementing Bitcoin as payment methods, it's just so because the use of Bitcoin has made online payments easier.
Over the years, we can see that the growth of Bitcoin is from different adoption and awareness and not specifically the gambling industry.

[uneng]

Not really, although gambling looks popular but in fact not everyone really likes gambling and even though they talk about gambling, they are not really gambling or just gambling in their own circle. So I think bitcoin is not just about gambling and this looks big because we are at least active in bitcoin gambling every week, so we assume bitcoin will get bigger as the world of gambling develops.

No one forces anyone to play gambling. It is our own free will to play and to take the risk, luck and earn profit by means of gambling. Yes. I believe that many people actually avoiding gambling because of the fact that they are not into it or they have something or other ways to earn money and make some profits. I, personally didn't active weekly in gambling because of the incident that I experienced last time. I didn't able to control myself and I end up loosing all of my funds yet that was a lesson for me that I need to be more careful next time and learn to control myself in every situation. Bitcoin is one of the most gamble coin right now, and I think and agree that we must know what truly it is and how gambling works.

Probably most people involved with bitcoin won't get involved with gambling because they don't have interest for it, but bitcoin and crypto in general really help to boost gambling industry, as we can see news on the internet proving this fact and even on this forum where there are so many casinos being promoted daily (and growing).

It can be easily explained by the fact many countries have strict policies about gambling, furthermore traditional sites don't allow privacy to its customers and that crypto casinos allow tiny bets, different from fiat casinos, where there are more chances you will run out of funds faster.

[Fredomago]

Probably most people involved with bitcoin won't get involved with gambling because they don't have interest for it, but bitcoin and crypto in general really help to boost gambling industry, as we can see news on the internet proving this fact and even on this forum where there are so many casinos being promoted daily (and growing).

Not everyone from this industry are really into gambling, there are people who use crypto for their gambling activities on their respective reasons, and you are right, crypto helps those gambling site to acquired players who happened to also crypto lovers, they manifested from fiat casino to enjoy and take advantage of crypto casino base gaming house, instead of converting their assets, they manage to easily transfer funds to their chosen gambling house.

It can be easily explained by the fact many countries have strict policies about gambling, furthermore traditional sites don't allow privacy to its customers and that crypto casinos allow tiny bets, different from fiat casinos, where there are more chances you will run out of funds faster.

That priviledge extent the stay of gamblers to the site, unlike fiat based casinos where it's really fast to lose your bankroll, crypto based
casinos gives you alternatives / options with crypto's that being accepted by the house.

[CarnagexD]

Bitcoin is mainly used now as a store of value, so you might find that only a few people will actually try and use bitcoin for gambling transactions in that wallet. Of course this may shift in the coming years, especially if bitcoin receives more notice and is adopted by more states and countries to the point that it is on par in terms of daily usage with fiats.