Market down, Casino volume up.

[NewCryptocasinos]

We have been in the crypto gambling space since 2018 we can clearly see that when the market goes down, the activity at the crypto casinos goes up.

Why do you think this is happening?

[PX-Z]

What's the connection of the link on your topic, i thought its an statistics chart/site/data but it looks like you just inserted it, you better remove it if you mind or change it as a data and stat from the site.

"Market down, casino volume up" is just a coincidence as casino activities or gamblers doesn't care the market condition on when they will bet or play. It's just that gamblers will go to casino regardless the market condition.

[seoincorporation]

We have been in the crypto gambling space since 2018 and at  https://wagerx.io/ we can clearly see that when the market goes down, the activity at the crypto casinos goes up.

Why do you think this is happening?

Some users feels like they are losing money and gambling is one way to recover It, the sad parte is how lot of them ends losing all trying to recover a 5% or less.

Most of those users make big bets with low risk, buen even those bets can lose, so, its sad to see them placing all in at 90% chance to win and losing them.

[Dunamisx]

We have been in the crypto gambling space since 2018 and at  https://wagerx.io/ we can clearly see that when the market goes down, the activity at the crypto casinos goes up.

Why do you think this is happening?

There is no specific connection as anything can happen to make a volatile currency or market to rise and fall, it may be because of it demand and supply or any other related economic news and events, I don't think many gamblers even care about this, since they know quite alright that those that are mostly gambling are using crypto and same applies to crypto investors, some would have sell high to use their fortune made to gamble.

[_act_]

PX-Z is right about this person. He is talking about statistics about gamblers gambling more during bear market but he only posted a reviewing site.

I think this thread should be taken down because it is not about what OP posted that it is but a reviewing site for gambling sites.

[Wiwo]

We have been in the crypto gambling space since 2018 and at  https://wagerx.io/ we can clearly see that when the market goes down, the activity at the crypto casinos goes up.

Why do you think this is happening?

What is the essence of this thread?

Are you trying to promote your crypto casino over here or you are trying just to call our attention to a high inflow of traffic on crypto casinos when the market is dipping, what he'll is the connection with all of this?

Mate, you need to make so.e clarification to this thread so that you can be properly guided through.

[Baofeng]

We have been in the crypto gambling space since 2018 and at  https://wagerx.io/ we can clearly see that when the market goes down, the activity at the crypto casinos goes up.

Why do you think this is happening?

Just go and create a ANN thread here, or hire someone to create it for you. Instead of title click bait like what you did here.

It might backfire on the new casino that you are promoting, if you are the owner, this is not good to promote it here in the community like this one. Gamblers here are very smart and we all know what you are doing here, in my opinion.

[Dunamisx]

I don't even see any correlation between the two he is trying to combine to work together, the market falling is not the reason enough for the crypto casinos to move up and be profitable, if we can look at it ordinarily from another perspective, then we may say that such period shouldn't be fit in for increasing casino activities in gambling because the market is down and many would have been in losses, but things don't work the way we reason them in most cases, especially when it's about gambling or crypto.

[Sanitough]

We have been in the crypto gambling space since 2018 and at  https://wagerx.io/ we can clearly see that when the market goes down, the activity at the crypto casinos goes up.

Why do you think this is happening?

Because the crypto gambling industry is continuously growing, the market situation doesn’t really affect players' stance. People are drawn to the games, not just the currency they’re using to play, and treated crypto just a payment method for them.

Even if Bitcoin becomes more volatile, it won’t stop players from gambling. If they want to protect their funds from price swings, they can simply convert to stablecoins like USDT. So in reality, the price fluctuations of Bitcoin don’t have much impact on the gambling industry.

[blockman]

We have been in the crypto gambling space since 2018 and at  https://wagerx.io/ we can clearly see that when the market goes down, the activity at the crypto casinos goes up.

To be honest, the first thing that I see and came to my mind here is like a it's a brother of wazirx. That's just an honest thought and maybe there is something to do with that.

Why do you think this is happening?

Maybe some big fish just want to let it flow in the casinos, gamble some and win some and take them back? that does ring a bell?

[Popkon6]

When gamblers gamble, they never imagine that they will lose or win, all gamblers enter gambling to win. When they lose their bets while gambling, they enter gambling again to win, but they forget that the market is down and the casino volume is increasing.
All this is happening only because of these gamblers, when gamblers win, they enter winning again and those who lose, they basically bet to win.

[khaled0111]

I don’t have exact numbers or statistics but I believe what really happens is the exact opposite of what you are suggesting. What I believe is that when the market goes up and there is a noticeable increase in bitcoin’s and other cryptocurrencies price, the crypto online casino industry flourishes.
Any one who has been here long enough, has definitely noticed that many new casinos usually tend to launch following a rise in bitcoin price.
You can also notice that there are more signature campaigns in a bullish market than in a bearish one.

[bitbollo]

We have been in the crypto gambling space since 2018 and at  https://wagerx.io/ we can clearly see that when the market goes down, the activity at the crypto casinos goes up.

Why do you think this is happening?

Personally (short answer) I see a main reason, but I am not sure there is a real correlation since we can't have any confirmation on this...
People decide to gamble a certain amount, even if not all, just to recover/earn/maximize a profit. Sometime it's easier and profitable than just trading.
This not means its something that works but at least they think it could be a good way for achieve at least a profit in some way.

[davis196]

We have been in the crypto gambling space since 2018 and at  https://wagerx.io/ we can clearly see that when the market goes down, the activity at the crypto casinos goes up.

Why do you think this is happening?

I don't want to visit this website, it seems suspicious to me. Can you verify that the data provided by this website is real?
How does this website gather data about gamblers activity on crypto casinos? Does the website owner have some sort of partnership with big crypto casinos? If this data is real, I have two explanations:
1.The gamblers are saying "crypto prices are going down, lets just spend my crypto on gambling". This doesn't make any sense, but who says that gamblers are rational creatures.
2.Many gamblers are spending stablecoins, so this artificially boosts the data about casino activity. In times of price drops and bear markets, many crypto users are converting volatile coins to stablecoins.

[TheUltraElite]

Gamblers gamble to gamble. To most of them market does not matter much, a part of them might be interested to not spend much when the market swings too much, but then eventually they cant resist and will gamble again.

From what I have seen subjectively, the habit will not change with market price changes but the average deposit amounts might reduce. I think OP will have charts to support/deny this claim and reach at better statistics.

Also for announcing a new casino, why not set up an ANN thread like others in this section have done before you? You can also hire a designer to do it for your.

[DealersLounge]

Well, sadly, it's probably the classic 'chase your losses.' So, when someone gets a big hit in their portfolio, instead of chilling and waiting, they might run to the casino to try to double up.

Another scenario is that people just want to take a break from the charts and enjoy themselves at the casino.

[Agbe]

Hey! NewCryptocasinos first of all, why are you here? You are a casino representative but you are not representing your casino instead create a thread and discussing market price. This is misplacement of priority. And in the price discussion thread you inserted your casino link. It is for what? If you want to discuss your casino, create an announcement thread for it and main discussion will take place from there and not beating around the bush. Casinos can come to the industry at anytime and not only when the market is going down.

[NewCryptocasinos]

Hey! NewCryptocasinos first of all, why are you here? You are a casino representative but you are not representing your casino instead create a thread and discussing market price. This is misplacement of priority. And in the price discussion thread you inserted your casino link. It is for what? If you want to discuss your casino, create an announcement thread for it and main discussion will take place from there and not beating around the bush. Casinos can come to the industry at anytime and not only when the market is going down.

We have seven years of experience in crypto gambling and over ten years of experience in trading, so I truly believe that we can share valuable insights on the market.

[Josefjix]

We have been in the crypto gambling space since 2018 and at  https://wagerx.io/ we can clearly see that when the market goes down, the activity at the crypto casinos goes up.

Why do you think this is happening?

You have a different intention of creating this thread, the topic is not why you are actually here, you just want to promote your site which seems to look like an exhibition of various casino platforms and their reviews.

What do you gain from this, get paid and you list their casino on your site? If that's the case, you should've been cleared about your business proposal and see if others patronize you than been a snitch.

[NewCryptocasinos]

We have been in the crypto gambling space since 2018 and at  https://wagerx.io/ we can clearly see that when the market goes down, the activity at the crypto casinos goes up.

Why do you think this is happening?

You have a different intention of creating this thread, the topic is not why you are actually here, you just want to promote your site which seems to look like an exhibition of various casino platforms and their reviews.

What do you gain from this, get paid and you list their casino on your site? If that's the case, you should've been cleared about your business proposal and see if others patronize you than been a snitch.

Not really mate, and if it make you happier, i can delete the link to our site,