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Author Topic: Could be a bigger challenge when market force is low  (Read 182 times)
Crypt0Gore (OP)
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January 14, 2023, 07:32:14 AM
 #1

Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.

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January 14, 2023, 08:15:02 AM
 #2

Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.

It's like I don't believe that Roulette is the reason why gambling is so alive. Because for me the casino via casino slots is alive and well, yes almost all casinos indeed have roulette but of course there are many options for gamblers to play so that gambling platforms have life.

So for me, not just one casino game can give color to every casino game in this crypto industry.


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January 14, 2023, 09:04:30 AM
 #3

Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.

It's always been a challenge for casino, but I don't see it taking over like the P2E that you are describing. It's good that we have alternatives like that, but there will be some time that this kind of games are going to be boring and so gamblers will have to find a way and so they will go back to the traditional games that offers more excitement like Roulette.

P2E might exist together with some casino games, but as I have said, I doubt that they will make a big push to challenge what we have been playing for many years, casino slots, dice and other card games.
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January 14, 2023, 09:45:32 AM
 #4

Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.
Play to earn is out of the league for casinos and what's more in are the esports games. Yes, they're also games but they're the competitive ones and not with the play to earn which is likely pay to win type of games.

But if a casino for these play to earn games will take places then that should be from the developers of those P2E themselves and not with the established ones because it's not really an idea thing or not yet accepted ATM.

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January 14, 2023, 01:01:38 PM
 #5

Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?
On its hype, Axie Infinity never posed a challenge in terms of revenues against the top casinos in the industry gamblers will always gamblers will not spend hours just to spend pennies on play to earn a platform like Axie, they want it with fast results and they can only find it in casinos

Quote
I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.
I'm sorry to tell you that online casinos cannot be replaced by Play to earn, play to earn is skill-based and it will take a lot of time to earn here, whereas casino players are looking for profit and excitement in its simplified ways.

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January 14, 2023, 01:05:05 PM
 #6

Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.

Play to earn games is too grindy, and I don't think a lot of people will have the time to grind it out to get something off of the opportunities that they are getting. Casinos will never go out of business because they are offering fast and efficient entertainment to people who has the money that are looking to multiply it by gambling. Play to Earn remains to be a field that is a hit or miss, and most of the time it's a miss because not everyone has the time in the world to earn cents/a few dollars for hours on end.
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January 14, 2023, 01:14:09 PM
 #7

Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.
Play to earn games are not gambling though, because that is a sure profit while in gambling you will always depend on your luck.
I don't think this is a good comparison because they are both different, Roulette is a game of luck and we have this game since then.
If there's another surge for play to earn games then it can be good, you just need to consider how much you will invest with them and know your when is the ROI, again play to earn games is an investment while gambling is not.
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January 14, 2023, 01:17:36 PM
 #8

Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.
You are just assuming, gamblers will not go for Play to-earn platforms to replace casinos, the excitement that the gambler feels in casinos cannot be replaced by playing play to earn, I've been into both, play to earn takes too much time and you need strategy and earning is not good compared to gamblers, I don't know the percentage but gamblers will always prefer casinos the dopamine effect here is better than Play to earn platform the reward is also good if luck hits you.

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January 14, 2023, 01:33:18 PM
 #9


Every bear market the players in the P2E games will move away from it and play on roulettes, slots, and dice once again. It's a bigger challenge for new p2e projects to maintain profitability and if the P2E game couldn't bounce back to its popularity, it will die. The competition between casinos and other businesses in crypto like P2E is getting tougher, projects die especially if they didn't innovate including the casinos.



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January 14, 2023, 01:37:32 PM
 #10

P2E will 100% die out due to players creating bots (and the economy not being able to be managed properly when extreme circumstances happen, like a sudden influx) and unless that's fixed, I doubt P2E could ever be a challenge. Some that do pop off are great initially, but in the long term, you'd be earning peanuts from them. Though tbf I hardly doubt P2E would ever combat casinos for users, gamblers are just different. P2E doesn't work the same way as casinos. Instead, they're grindy, they require thinking, a strategy for each activity, and a major investment as well in most cases.

Yes, I agree to an extent that casino games are too limited compared to the number of possibilities other games have, but if you also look at it from another angle, even though a LOT of games have come out, these games are still famous among gamblers. Why? Because in the first place, the highest interest that they have in the activity is not the games but the attraction of earning more money with just luck or at least, the majority of it, in one single go.

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January 14, 2023, 01:42:34 PM
 #11

P2E games may pose a future challenge to online casinos by attracting a sizable portion of the gaming audience. It is important to note, however, that the casino industry is a highly regulated and established market that has already proven to be resilient in the face of new technologies and competition. Furthermore, many people enjoy the social and immersive experience that playing in a casino provides, which may be difficult to replicate in a play to win game. while P2E games are popular, they are not yet perfected and still have many flaws, such as tokenomics issues and a lack of regulation. as a result, it is difficult to predict what will occur.
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January 14, 2023, 01:45:54 PM
 #12

Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.
I was reading this topic and I've read it over four times because I was trying to figure out the possibilities of pay to earn games kicking out casinos and of a truth, I began seeing the possibilities because I think okay to earn games wouldn't be so risky as compared to the regular gambling.

Apart from the tokenomic issues associated with the play to earn game, which I'm sure that they're working on and it also seems that this play to earn games mostly thrives during the bull market because it seems people who play to earn aso switches over to roulette and other crypto games when the bear market comes.

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January 14, 2023, 02:06:58 PM
 #13


P2E will cost you a lot of time as you develop your team and game items. Like any altcoins, your Play-to-earn token will have less value when the game doesn't attract more players and investors when the market force is low.

Casino and P2E games have different spectators. I doubt the P2E player will dive into casino games unless there will be a platform to bet on the characters and items in the game.

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January 14, 2023, 02:34:14 PM
 #14

Are we talking about P2E here vs the casino?

Casinos are different from P2E since most players on P2E isn't spending some money but rather time and efforts although there are ways to gain your reward faster by paying some real cash but it is not profitable in the long run just like what happened to the rest of P2E that I know these days.

While the casino isn't something that you can easily be playing without spending some real cash, time, and efforts. Plus it's not designed to be easily be won when someone plays with it unless if it's not a luck based games. Although there are different factors that can make someone to earn a good profit/winning when gambling on casino.

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January 14, 2023, 02:38:12 PM
 #15

Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

Play to earn is not that big as it sounds in my opinion, yes they are here but it won't put a dent on games that have been established already like roulette games. It's very easy to play with little knowledge, as compare to this whole new play to earn wherein there is learning curve. What gamblers want is games that is fast and can make them quick money with huge returns.

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.

Sorry to burst the bubble, but I'm not seeing casinos implementing play to earn in my opinion, but yes, what keeps casinos are games that we all do love because of simplicity like the roulette games and others.

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January 14, 2023, 02:46:28 PM
 #16

[...]now that we have play to earn games is big not even a bigger challenge for casinos?

Casino games and Play to earn Games are very different. If you have ever played any play-to-earn games then you will know how boring these games are. Whereas a casino offers you a long list of games from which you can choose one to play.

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos [...]
Last season we saw countless play-to-earn projects but no team was able to fix this tokenomics issue. So I don't think this is solvable.
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January 14, 2023, 02:52:40 PM
 #17

Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.
Play to earn is out of the league for casinos and what's more in are the esports games. Yes, they're also games but they're the competitive ones and not with the play to earn which is likely pay to win type of games.

But if a casino for these play to earn games will take places then that should be from the developers of those P2E themselves and not with the established ones because it's not really an idea thing or not yet accepted ATM.
But the thing is not all the people in casino wants play to earn game. And online casino as much as i know still do have market i mean players and bettors. Maybe they could add some featutes and also maybe they could add sports gambling on it, but P2E? I think it is no longer sustainable and there are some issues and flaws on it, maybe nft can be added but not P2E.
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January 14, 2023, 03:06:33 PM
 #18

Honestly, I do not need to play P2E blockchain to earn money. There are many different games which you can earn money from, in various ways. The important thing is to be creative in the way of making money, whether it is trading items or playing tournaments. I used to spend a lot of my time playing LOL and winning some cash in offline tournaments. those good old days

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January 14, 2023, 04:38:54 PM
 #19

Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.
It's not actually the Roulette game that keeps casinos alive, but it's the customers in it and the management team that make the casino business survive and thrive.
If you say that roulette revives the casino, then you are wrong. Because in reality, in casinos there are many choices of games and each game has its own fans.
Maybe you have this thought because you think that the game of roulette is a game that is difficult to win and the one who wins the most is the dealer. But in fact there are still many games that are difficult to win, such as dice or slots.

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January 15, 2023, 01:12:13 PM
 #20

Play to earn is out of the league for casinos and what's more in are the esports games. Yes, they're also games but they're the competitive ones and not with the play to earn which is likely pay to win type of games.

But if a casino for these play to earn games will take places then that should be from the developers of those P2E themselves and not with the established ones because it's not really an idea thing or not yet accepted ATM.
But the thing is not all the people in casino wants play to earn game. And online casino as much as i know still do have market i mean players and bettors. Maybe they could add some featutes and also maybe they could add sports gambling on it, but P2E? I think it is no longer sustainable and there are some issues and flaws on it, maybe nft can be added but not P2E.
That's why I've said that it's out of the league.

Not everyone is into play to earn games and that's why the traditional casino games are way better and the play to earn gamers are probably also not into gambling.

The P2E isn't really sustainable and that's why from the beginning of what I've said, it's already out.

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