What would you think of Meta (Facebook) allowing bets in the metaverse

[rhomelmabini]

Or, we could see another Congressional hearing from their CEO once again. I think Metaverse will operate in a decentralized way and Meta will have the same goal and once again this will raise question especially even to those who are strange and familiar in this space. What I mean is on how it will be moderated or governed? There are still people in the government that doesn't have the know-how yet on how 2D operates, what more in a 3D world or virtual space like Metaverse?

[buwaytress]

Maybe I'm old-fashioned but you don't get good results when targeting a completely different bunch of people for a completely different type of interaction. You don't advertise gaming to gamblers, nor gambling to gamers, not if you want great results, anyway.

Gamblers look for value, gambling entertainment, excellent customer support, maybe interaction with other gamblers. They're not going to switch over to some fun metaverse Facebook thing to get their kicks. Bitcoin gamblers especially chose Bitcoin for a specific purpose, at odds with many of Facebook's principles.

And Zynga poker players will never be the same type of users as we are.

[michellee]

That is good for Facebook because as we already know the Facebook platform is also integrated with gambling games such as Texas Hold'Em. So if Facebook wants to implement gambling and gaming for money, that will be good for them because they can attract more people to try the games. Besides that, they can promote through their platform easily because they can control their advertisement inside Facebook aka Meta itself.

It needs more control from the young generation to be aware of the gambling activity while they use Facebook because that can make them forget about their daily activity.

[fiulpro]

It is know that Facebook is trying to reinvent itself, wash its image and becoming a more powerful business. And it is the right strategy, because contrary to other business such as online retail (Amazon), internet searches and sales (Google) or electric cars (Tesla), social networks are more susceptible to ageing customers and trends in the young. However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?

The future of metaverse is bleak.
Even though they are talking about reinventing themselves, who would talk about their mistakes and who would actually trust them for gambling in the first place ? I thought their whole idea was to make sure they take charge of their mistakes not sure how expanding their business so suddenly would do that? They have to think about working on themselves first and then adding other thing with it. Plus it would be super controlled, I am pretty sure they would start with their own crypto for sure in few days as well. They already have data of everyone using their applications, I don't think it would be a good idea trusting them for it. It's better to use some other gambling platforms .
Hopefully people would try and understand why they changed their name in the first place before deciding to trust them.

[l3pox]

we have to defend the idea of an open metaverse away from Facebook claws
on they allowing betting or not, it's a double edge sword
on one hand they'll make a lot more money allowing it, on the other hand they lose on public perception and have to deal with stronger regulations,I'd guess they won't allow it but who knows?!

[Silberman]

It is know that Facebook is trying to reinvent itself, wash its image and becoming a more powerful business. And it is the right strategy, because contrary to other business such as online retail (Amazon), internet searches and sales (Google) or electric cars (Tesla), social networks are more susceptible to ageing customers and trends in the young. However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?

I think of this as a dangerous move not for Facebook, or whatever name they have now, but for their customers, I mean we know that a small number of people develop some sort of gambling issue, however Facebook has been know to not care about their customers in order to keep them online, taking into account that even if they are not diagnosed as such there is a lot of people addicted to social media, the combination of a social network with most of your data and which has no limit about how they can try to manipulate their customers this could create an explosion in gambling addiction as we have never seen before.

[dothebeats]

I do not see them doing this in the near future, though the possibility of them doing such a platform is always present. They are a company whose ethos comes last when talk of profits is at bay. Presently, after the name change, they would not immediately think of doing such a rash move to protect their image, although somewhere along the road, this will eventually happen, and only time will tell whether this move is destined to fail from the beginning.

Though from what I see here, the metaverse will certainly not take lots of gambling patrons from the existing platforms that service them greatly. It'll be hard to compete against established names in the industry, moreso the culture that is already built outside of the metaverse.

[avikz]

It is know that Facebook is trying to reinvent itself, wash its image and becoming a more powerful business. And it is the right strategy, because contrary to other business such as online retail (Amazon), internet searches and sales (Google) or electric cars (Tesla), social networks are more susceptible to ageing customers and trends in the young. However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?

I can bet against this rumor! Facebook will never enter gambling market directly or indirectly. Yes, they may bring some "play to earn" game and possibly enter into NFT market, but not in gambling. Facebook has already seen many battles to safeguard their reputation and gambling is actually perceived negatively in the society. So they will never engage into such business. Not in our lifetime. I am not sure from where did you hear such rumors.

[KTChampions]

It is know that Facebook is trying to reinvent itself, wash its image and becoming a more powerful business. And it is the right strategy, because contrary to other business such as online retail (Amazon), internet searches and sales (Google) or electric cars (Tesla), social networks are more susceptible to ageing customers and trends in the young. However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?

I have not heard anything about Facebook's plans to enter the gambling business. In my opinion, this is not a very good idea - the competition in this area is very high and on what basis Facebook will enter this area is unclear. If they connect their existing services with gambling, this will lead to big losses - they will have to register as a casino, pay higher taxes and be more strictly regulated.

[hyudien]

It is know that Facebook is trying to reinvent itself, wash its image and becoming a more powerful business. And it is the right strategy, because contrary to other business such as online retail (Amazon), internet searches and sales (Google) or electric cars (Tesla), social networks are more susceptible to ageing customers and trends in the young. However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?

If you like, where can I find information about this, because so far I don't know anything else behind the revamp of Facebook to Meta. And from this information of course as a gambler I am very interested in how the betting system they are trying to play behind the scenes and whether this will have a good or bad impact on Facebook's reputation as a commonly used social media but there is a hidden part that can be risked to take a share of the profits. from gambling.

[l3pox]

It is know that Facebook is trying to reinvent itself, wash its image and becoming a more powerful business. And it is the right strategy, because contrary to other business such as online retail (Amazon), internet searches and sales (Google) or electric cars (Tesla), social networks are more susceptible to ageing customers and trends in the young. However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?

I can bet against this rumor! Facebook will never enter gambling market directly or indirectly. Yes, they may bring some "play to earn" game and possibly enter into NFT market, but not in gambling. Facebook has already seen many battles to safeguard their reputation and gambling is actually perceived negatively in the society. So they will never engage into such business. Not in our lifetime. I am not sure from where did you hear such rumors.

I think the same
they're already quite strict for people to make ads and the overall public perception of the company is bad enough for them to get involved with more controversial questions

they are probably not going this way

[Zilon]

It is know that Facebook is trying to reinvent itself, wash its image and becoming a more powerful business. And it is the right strategy, because contrary to other business such as online retail (Amazon), internet searches and sales (Google) or electric cars (Tesla), social networks are more susceptible to ageing customers and trends in the young. However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?

I think of this as a dangerous move not for Facebook, or whatever name they have now, but for their customers, I mean we know that a small number of people develop some sort of gambling issue, however Facebook has been know to not care about their customers in order to keep them online, taking into account that even if they are not diagnosed as such there is a lot of people addicted to social media, the combination of a social network with most of your data and which has no limit about how they can try to manipulate their customers this could create an explosion in gambling addiction as we have never seen before.

Metaverse is trying to relate with real life experience through social media interaction just the same way people walk pass gambling hubs, online gambling adverts, offline and online casinos same will be applicable if metaverse should implement gambling to their platform people would prove blond eye to gambling adverts or gambling board on metaverse if the fear they might get addicted

[Sterbens]

It is know that Facebook is trying to reinvent itself, wash its image and becoming a more powerful business. And it is the right strategy, because contrary to other business such as online retail (Amazon), internet searches and sales (Google) or electric cars (Tesla), social networks are more susceptible to ageing customers and trends in the young. However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?

I think of this as a dangerous move not for Facebook, or whatever name they have now, but for their customers, I mean we know that a small number of people develop some sort of gambling issue, however Facebook has been know to not care about their customers in order to keep them online, taking into account that even if they are not diagnosed as such there is a lot of people addicted to social media, the combination of a social network with most of your data and which has no limit about how they can try to manipulate their customers this could create an explosion in gambling addiction as we have never seen before.

Metaverse is trying to relate with real life experience through social media interaction just the same way people walk pass gambling hubs, online gambling adverts, offline and online casinos same will be applicable if metaverse should implement gambling to their platform people would prove blond eye to gambling adverts or gambling board on metaverse if the fear they might get addicted

Metaverse which is currently being discussed is then associated with the existence of a betting system, for me personally it is not a strange thing. As you mentioned that Metaverse connects digital interactions between individuals with other individuals virtually, it does not rule out gambling activities even though it can occur if a group of gamblers has virtual access by combining each gambling in a certain room that has been prepared.
However, whether Facebook will focus on promoting this? no, maybe a year or two after the Metaverse became officially accessible to the public.

[DoublerHunter]

It is know that Facebook is trying to reinvent itself, wash its image and becoming a more powerful business. And it is the right strategy, because contrary to other business such as online retail (Amazon), internet searches and sales (Google) or electric cars (Tesla), social networks are more susceptible to ageing customers and trends in the young. However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?

I can bet against this rumor! Facebook will never enter gambling market directly or indirectly. Yes, they may bring some "play to earn" game and possibly enter into NFT market, but not in gambling. Facebook has already seen many battles to safeguard their reputation and gambling is actually perceived negatively in the society. So they will never engage into such business. Not in our lifetime. I am not sure from where did you hear such rumors.

I think the same
they're already quite strict for people to make ads and the overall public perception of the company is bad enough for them to get involved with more controversial questions

they are probably not going this way

^ Rumor is still the same as rumor and since there's no official announcement, this will be hard to believe that it will become true.
If they will change route into a gambling business, it seems their user will reduce massively since there are a lot of underages that has an account on Facebook, the metaverse is unclear if that is true that there is a platform they could be separated into other platforms which is much better, because there is nothing wrong if those who involve in gambling is in the right age.

[Quidat]

It is know that Facebook is trying to reinvent itself, wash its image and becoming a more powerful business. And it is the right strategy, because contrary to other business such as online retail (Amazon), internet searches and sales (Google) or electric cars (Tesla), social networks are more susceptible to ageing customers and trends in the young. However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?

I can bet against this rumor! Facebook will never enter gambling market directly or indirectly. Yes, they may bring some "play to earn" game and possibly enter into NFT market, but not in gambling. Facebook has already seen many battles to safeguard their reputation and gambling is actually perceived negatively in the society. So they will never engage into such business. Not in our lifetime. I am not sure from where did you hear such rumors.

I have the same perceptions too which its really unlikely that they would really be touching up gambling considering on the userbase of facebook which it is really hard to believe that they would really be considering out gambling or attaching this thing up.
Im much sure that they had already picture out on whats the thing could really happen if they do intently trying to
implement or adding up this one on the platform.

[dunfida]

It is know that Facebook is trying to reinvent itself, wash its image and becoming a more powerful business. And it is the right strategy, because contrary to other business such as online retail (Amazon), internet searches and sales (Google) or electric cars (Tesla), social networks are more susceptible to ageing customers and trends in the young. However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?

I can bet against this rumor! Facebook will never enter gambling market directly or indirectly. Yes, they may bring some "play to earn" game and possibly enter into NFT market, but not in gambling. Facebook has already seen many battles to safeguard their reputation and gambling is actually perceived negatively in the society. So they will never engage into such business. Not in our lifetime. I am not sure from where did you hear such rumors.

I have the same perceptions too which its really unlikely that they would really be touching up gambling considering on the userbase of facebook which it is really hard to believe that they would really be considering out gambling or attaching this thing up.
Im much sure that they had already picture out on whats the thing could really happen if they do intently trying to
implement or adding up this one on the platform.

They might allow ads but not for them to take the direct action.

https://web.facebook.com/business/help/345214789920228?id=352746782475779&_rdc=1&_rdr
https://blog.hunchads.com/betting-ads-facebook

There's still some involvement but its indirectly.

[Ryker1]

They might allow ads but not for them to take the direct action.

Well, this is the right answer.
It is bad for the public if they get involved in gambling so I think this is impossible to happen that they will be allowing bets in the metaverse.
But let us just see, if they will implement that new feature perhaps there could be many changes of Facebook and I think, they are changing the path on the gambling business and there is nothing we can do.

[uneng]

I don't like this idea of Metaverse very much. It looks like a rebranded centralized internet owned by Zuckerberg.
Can't we just be glad by having an open source internet where a plenty of gambling platforms already exist offering high quality services to their customers?

[xSkylarx]

I don't like this idea of Metaverse very much. It looks like a rebranded centralized internet owned by Zuckerberg.
Can't we just be glad by having an open source internet where a plenty of gambling platforms already exist offering high quality services to their customers?

Well that is not really the case right now people wants innovation at the same time earn money from the public which thats why there are new platforms coming out.  For it is still okay since it was really new to me which could learn a tricks from it or could be really useful in our life , also in gambling there are a lot of websites or physical casinos now so i think where you are doing a casino hopping then you will be out of fun from it.

[Apes]

well, they won't be able quickly use their metaverse for gambling, I think they are more focused on exploring the metavese world market first,
rather than rushing to market a gambling platform, which limited use not all countries allow.
basically gambling when combined with the metaverse I think will be more attractive however this is not their focus IMO.