What will be the next big industry move?

[rhomelmabini]

I think the new trend now are the Virtual Reality option from other casino and the gadget is indeed cool though expensive for small time gambler.

and also the NFT gaming will soon enter the gambling industry and surely many gamblers for crypto industy will make a difference .

maybe not now but at least there are chances soon.

It may take awhile since it's pretty much new in the making if we're really talking about the Metaverse, should I say we're on the experimental phase or infancy stage. Moreover, I think this will flourish since other huge industries are eyeing this industry. I don't know if it will be considered gambling for NFT gaming but I think it wasn't categorized yet as gambling, it might take even years before it's become fully immersive or enter the gambling industry.

[RealMalatesta]

The possibility of playing with tiny amounts of money in crypto casinos also contributed to make them popular among a public who doesn't have a lot of money to risk, but who still wants to bet, have fun and potentially grow their funds like every gambler else.

Moreover, I do see this kind of psychological thing; it is like I may hesitate to spend $10 cash but I am not have same time of feeling when spending using my bank card or bitcoins; I mean that by heart I am not getting the feeling of money handling while I do transact in bitcoins, honestly. I am sure this type of psychological approach must be the reason why and how bitcoin and other cryptocurrency based gambling boomed.

I am sure the next big thing in gambling industry definitely based on crypto based and not on fiat casinos. I mean when most people prefer the advanced one hence the innovations will happen on most preferred place and not in outdated ones.

[mindrust]

The possibility of playing with tiny amounts of money in crypto casinos also contributed to make them popular among a public who doesn't have a lot of money to risk, but who still wants to bet, have fun and potentially grow their funds like every gambler else.

Moreover, I do see this kind of psychological thing; it is like I may hesitate to spend $10 cash but I am not have same time of feeling when spending using my bank card or bitcoins; I mean that by heart I am not getting the feeling of money handling while I do transact in bitcoins, honestly. I am sure this type of psychological approach must be the reason why and how bitcoin and other cryptocurrency based gambling boomed.

I am sure the next big thing in gambling industry definitely based on crypto based and not on fiat casinos. I mean when most people prefer the advanced one hence the innovations will happen on most preferred place and not in outdated ones.

Gambling on FIAT casinos don't even make any sense anymore. It is funny to say this but playing on crypto casinos is somehow not as risky.  There are many crypto casinos with a good reputation and the chances of getting screwed over by them is nearly non-existent if you play on one of those good casinos. FIAT casinos are too problematic and even if the casino didn't do anything wrong, their regulators will keep bothering them.

[molsewid]

I think the new trend now are the Virtual Reality option from other casino and the gadget is indeed cool though expensive for small time gambler.

and also the NFT gaming will soon enter the gambling industry and surely many gamblers for crypto industy will make a difference .

maybe not now but at least there are chances soon.

Yes that's what I am also expecting since the virtual reality feature of metaverse do hype. I mean I couldn't imagine exactly what this metaverse wanted to give to the community however I think it is much exciting on the casino or gambling feature. Like, what does it feel when you are gambling at the safe zone of your home but through virtual reality you are virtually gambling inside a casino house. Well, this is just I guess the next big industry that will eventually move this year.

[l3pox]

<...>

Gambling on FIAT casinos don't even make any sense anymore. It is funny to say this but playing on crypto casinos is somehow not as risky.  There are many crypto casinos with a good reputation and the chances of getting screwed over by them is nearly non-existent if you play on one of those good casinos. FIAT casinos are too problematic and even if the casino didn't do anything wrong, their regulators will keep bothering them.

add to that the fact that many countries have regulations against gambling and don't even allow physical casinos
but would have no way to make online gambling forbidden (or phrasing it better: they can forbid it but have no way to enforce people will follow the rules)

[Congyang]

add to that the fact that many countries have regulations against gambling and don't even allow physical casinos
but would have no way to make online gambling forbidden (or phrasing it better: they can forbid it but have no way to enforce people will follow the rules)

but if you look at it now even though it is indeed prohibited but there is always access and there are lots of opportunities to gamble because, as you said, a ban might just be a ban without any real enforcement and this prohibition is just like a passing wind for people residing in countries where gambling is prohibited.

[madnessteat]

^

Gaining access to gambling bypassing the laws of the country sooner or later can lead to the loss of funds. Therefore, it is worth taking a more reasonable approach to the issues of anonymity when making a deposit to a gambling site and not to deposit large sums there. I would not recommend gambling to the citizens of the countries where bypassing laws may lead to imprisonment or big fines. 

[KTChampions]

This is not true. For example, in my country, casinos and bookmakers that do not receive an internal license are simply banned at the provider level. Of course, there are people who can bypass bans through VPN, but you understand that the drop in traffic for such casinos is very large, since the percentage of "naughty" people who are ready to try to get access is too small. Therefore, restrictions work well even for foreign sites.

Maybe that is not true but I think the other casinos and bookmakers will pass that banned without a problem as we know they can use a back way to give access to people. The casino can still operate in your country, especially if they move their site through the other hosting without jurisdiction with your government. The banned will not work for the other country but it can work only in your country. But we also know that people can activate their VPN to access gambling sites so that will not be a problem for people who still want to play gambling.

Yes, there are many ways to compromise plus technical solutions to bypass blocking. But all these ways become irrelevant if we start talking about the Metaverse. It will be very strange for me if, depending on the origin of a person (the jurisdiction where he is registered), he will not have full access to the functionality of the Metaverse compared to other users.

[l3pox]

add to that the fact that many countries have regulations against gambling and don't even allow physical casinos
but would have no way to make online gambling forbidden (or phrasing it better: they can forbid it but have no way to enforce people will follow the rules)

but if you look at it now even though it is indeed prohibited but there is always access and there are lots of opportunities to gamble because, as you said, a ban might just be a ban without any real enforcement and this prohibition is just like a passing wind for people residing in countries where gambling is prohibited.

yes, the main point is that it'll be easier to enforce regulation on physical places than digital ones
in reality if there's no such thing like the great firewall or something like that it'll be almost impossible to enforce it on the digital realm

[TheGreatPython]

It did really make out that significant change and open up an opportunity for people to deal off with some services and things which they cant do in the past since they do value much of their identity or tend to be
anonymous most of the time thats why when crypto had existed then it did really open that kind of  chance or opportunity which it did really get out significant support and recognition.
We wont know on what comes next when it comes to trend and new innovation ahead but much pretty sure that we would really be heading towards development
which do make things even more better.

Indeed cryptos and blockchain involvement is a big thing that happened gambling but I guess we cannot consider this as new because cryptos or blockchain technology has been there before although there is a development that happened like they add more blockchains and new cryptocurrencies other than bitcoin and etherium, this allows us to gamble more efficiently but if there are latest developments then that would be the implementation of nft and metaverse in gambling.

This allows people to interact more lively in the gambling world. It is amazing how technology in gambling transformed over the years but I am sure this does not stop there but there will be more to come.

[Smartprofit]

It did really make out that significant change and open up an opportunity for people to deal off with some services and things which they cant do in the past since they do value much of their identity or tend to be
anonymous most of the time thats why when crypto had existed then it did really open that kind of  chance or opportunity which it did really get out significant support and recognition.
We wont know on what comes next when it comes to trend and new innovation ahead but much pretty sure that we would really be heading towards development
which do make things even more better.

Indeed cryptos and blockchain involvement is a big thing that happened gambling but I guess we cannot consider this as new because cryptos or blockchain technology has been there before although there is a development that happened like they add more blockchains and new cryptocurrencies other than bitcoin and etherium, this allows us to gamble more efficiently but if there are latest developments then that would be the implementation of nft and metaverse in gambling.

This allows people to interact more lively in the gambling world. It is amazing how technology in gambling transformed over the years but I am sure this does not stop there but there will be more to come.

In my opinion, gambling should be considered from the point of view of Nassim Taleb's concept of Antifragility.  

The essence of gambling has remained unchanged for thousands of years.  It is based on the single combat of Man with fate.  All ancient epic poems tell about this - "The Tale of Gilgamesh", "The Song of the Nibelungs", "Maharbat", "Iliad", "Odyssey", "Elder Edda" and others.  The ancient Egyptians, Babylonians, Greeks, Romans - all of them were very fond of gambling (in particular, dice).  At the same time, the gambling interface is changing under the influence of technology development.  

In the beginning it was dice.  

Then a roulette (mechanism).  Then slot machines (a more complex mechanism).  Then an online casino (this is already digital technology).  Finally, the metaverses and NFTs.  This is progress!  

However, the essence of gambling has remained unchanged.

[CDC AP]

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

[timerland]

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

Oh, this has already happened.

Rollbits have their own Rollbot NFTs and I'm fairly sure that BetFury is also trying to dabble in that space.

I actually think that the DAO model makes a lot of sense for casinos - the people who own the bankroll should have a say in how the site is run through a governance token.

[tabas]

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

Virtual reality has been there already and it can be applied to anything which gambling is not an exception of it. It would be more interesting that aside from the cryptocurrencies that the casinos have been supporting for their platforms.
There would probably be an outlet for them too to allow a couple of NFTs that they like to see their players betting for. They could start with some of the NFTs like Apes or they could be open to any type of it as long as there's a valuation.

[Desmong]

as far as I understand, they succeed very poorly, since it is easy to “pressure” an organization, but it is difficult to “pressure” a large number of people.

Yeah, the next big progress of gambling industry might be coming out from governments' side in terms of regulations. As long as people are preferring to have fiats as one of their payment options then casinos will go for license related things which again lead to get approval from governments; when gamblers stick within cryptos for their gambling, then casinos will be able to operate without need of government's nod which will eliminate the possibilities of government's intervention into gambling industry.

the government will definitely try to intervene in whatever falls within their jurisdiction especially fiat or crypto based gambling businesses located within their country. It's true that regulation from the government might be the next big step for the gambling business, especially since the government likes tax money from businesses that make a lot of money.

The government have always tried their best to make sure that they regulate and get their revenue from gambling platform especially for the fiat or local gambling platform where it is local within a country. The government are still trying to catch up with online gambling platform which can be difficult to regulate most time.

[CDC AP]

The gambling is a big industry that is growing bigger everyday  despite the covid-19 challenge we are facing which is affecting so many organisations. But gambling industries is still on doing their business. The gambling industry is one of the fastest growing industry.

[madnessteat]

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

Oh, this has already happened.

Rollbits have their own Rollbot NFTs and I'm fairly sure that BetFury is also trying to dabble in that space.

I actually think that the DAO model makes a lot of sense for casinos - the people who own the bankroll should have a say in how the site is run through a governance token.

In my opinion, the DAO management model does not work the way users would like it to. We have seen more than once in more than one project, when project teams could influence this or that decision, which in their opinion should be made. So in my opinion DAO model is only creating the appearance of decentralized management, which is actually a deception, to put it mildly.

[Silberman]

The emergence of the blockchain has made it easier for another new phase of gambling to spur out of nowhere making it too easy for one to play a bet without using the normal paper money. Crypto bet is now everyone corners of the internet making it too easy to enter into the gambling world if only you have cryptocurrency in your wallet. Very soon gambling will be based on different aspect and field.

Not only that, it has brought some level of anonymity to an industry that had none previously, now this may not seem like a big deal but it is, there are many countries in which gambling is seen with very bad eyes and it is illegal as well, so if there was anything that indicated in your financial record that you were gambling, even if it was just for fun, you could get in trouble, but thanks to bitcoin this is not as much of an issue as before and we must be thankful for that.

These words of yours once again confirm my statement about the importance of maintaining the anonymity of the player and the person in general in certain justified cases.  Unfortunately, the constant introduction of KYC procedures or similar violates the ability to gamble anonymously.  And initially, indeed, blockchain technology allowed and still allows doing this, if it were not for these requirements of various regulators.  Now there are so many ways to identify a person that anonymity is out of the question.  And if this is connected with criminal activity, then it is clear that this is justified.  But if a person has no criminal intent, he just wants to remain anonymous, then in general it is his right.  And this should be respected, and not demanded of him - let's admit who you are.!!!

And I agree, some level of privacy must be allowed otherwise we are living in a police state, however people do not understand this, they are so used to have no privacy and to post everything they do  in social media that they do not even understand the concept of privacy anymore, meaning that even if we do not have daily raids into our homes for information governments are doing the equivalent of this digitally, but since it is invisible and painless people do not see it.

[Sirait]

cut

Oh, this has already happened.

Rollbits have their own Rollbot NFTs and I'm fairly sure that BetFury is also trying to dabble in that space.

I actually think that the DAO model makes a lot of sense for casinos - the people who own the bankroll should have a say in how the site is run through a governance token.

In my opinion, the DAO management model does not work the way users would like it to. We have seen more than once in more than one project, when project teams could influence this or that decision, which in their opinion should be made. So in my opinion DAO model is only creating the appearance of decentralized management, which is actually a deception, to put it mildly.

That's right, the concept of DAO on a gambling site is just a 'subtle scam' that the owners may intentionally set up for their customers. why I say this because when you have problems playing, depositing or withdrawing then the site owner can easily say that 'we are not involved with the business because we adopted the DAO concept' this is a subtle scam.

[Smartprofit]

cut

Oh, this has already happened.

Rollbits have their own Rollbot NFTs and I'm fairly sure that BetFury is also trying to dabble in that space.

I actually think that the DAO model makes a lot of sense for casinos - the people who own the bankroll should have a say in how the site is run through a governance token.

In my opinion, the DAO management model does not work the way users would like it to. We have seen more than once in more than one project, when project teams could influence this or that decision, which in their opinion should be made. So in my opinion DAO model is only creating the appearance of decentralized management, which is actually a deception, to put it mildly.

That's right, the concept of DAO on a gambling site is just a 'subtle scam' that the owners may intentionally set up for their customers. why I say this because when you have problems playing, depositing or withdrawing then the site owner can easily say that 'we are not involved with the business because we adopted the DAO concept' this is a subtle scam.

Yes, this situation is unfortunately possible. 

DAO is a relatively new innovative management tool.  Therefore, various abuses are possible.  However, DAO (Decentralized Autonomous Organization) is a very promising form of online casino organization. 

This may resolve government regulation issues in some jurisdictions. 

People can organize DAOs and host poker tournaments on their own.  Acceptance of bets and fair payment of winnings will be guaranteed by a smart contract. 

A fully decentralized online casino is a very interesting concept.