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Author Topic: Top 3 Reasons Why Cytpocurrency Gambling is more Addictive than Fiat Gambling!  (Read 459 times)
uneng
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March 22, 2023, 04:15:18 PM
 #101

Crypto gambling is more addicting just because it's more accessible. You can gamble from anywhere at any moment of your day and all you need is an internet connection, which is pretty common everywhere nowadays. The possibility of accessing a gambling platform on your smartphone anytime is really addicting, as many people find themselves with nothing to do along the day, on different moments, so they immediately go to the smartphone. Some access social medias, videos, games while others will go to directly to crypto gambling.

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March 22, 2023, 07:06:24 PM
 #102

I do not call myself a gambling addict but I am a regular gambler but at least with minimal bets nowadays. I am not for number 1 as OP stated since I am a holder of cryptocurrencies, especially bitcoin. So I am into crypto gambling rather than fiat online gambling partly because of anonymity. Yes, I knew a lot of crypto casinos are asking for KYC but there are still some that are not asking for it. Although they might ask for it if the amounts are probably too high like hundreds of thousands of dollars. So I am using crypto casinos for my gambling mainly because I am a big fan of cryptocurrencies.
As long as you can use crypto properly and when you use it for gambling, you can control the amount of money you use is not too big, you are unlikely to be asked to do KYC. Crypto casinos that don't ask their users to do KYC may still give them a chance to gamble because casinos know that many people still gamble with small money and don't do any illegal activities. This helps us to keep playing gambling at trusted casinos and are not or have not been asked to do KYC. But one day, there is a possibility that casinos will stipulate that all members must do KYC.
Each crypto casinos nowadays displays the value of our crypto bets into fiats, making us aware if how much we are betting but greedy gamblers can still exceed on their normal limits. When they win huge, this is where they will be asked for a KYC however on some casinos, their KYC rule is mandatory. That means that even if you are only playing with small bets, you will still comply to it before you can be able to make a withdrawal or deposits.

The anonymity that is listed by the OP can be disregarded because of the KYC regulations but the two items on his list are very true and that makes crypto gambling highly addictive than the physical/offline gambling.

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