Is Bitcoin Gambling a big opportunity or a big trap?

[eisen33]

Bitcoin gambling site has nothing to do with young people getting addicted and financially broke, because gambling and losing is by choice and not by Force. I believe those who gambles knows the risk involve before they do so, and meanwhile gambling on crypto Casino doesn't change anything, Both of them crypto Casino and fiat or traditional casino are thesame thing when it comes to addiction. Addiction is the act or process of continuously gambling even when you are out of find or when you don't even want to gamble you find one way or the other to gamble and this happens in both of the Gambling sectors so gambling addiction is not determineed by the type of casino but the kind of person gambling.

The essence remains the same in casinos, and it doesn't matter whether you bet fiat or Bitcoin. The essence of the game remains the same: you want to increase your deposit. I tried playing with a USDT deposit at one casino and depositing Bitcoin at another, and I didn't see any difference. I continued placing bets the same in both cases, and despite depositing in BTC, I still bet the equivalent of my usual amounts.

[maydna]

The big question for me now is, do we consider bitcoin gambling sites a big opportunity for the people or a big trap that will leave many young people addicted and financially broke?

Bitcoin gambling site has nothing to do with young people getting addicted and financially broke, because gambling and losing is by choice and not by Force. I believe those who gambles knows the risk involve before they do so, and meanwhile gambling on crypto Casino doesn't change anything, Both of them crypto Casino and fiat or traditional casino are thesame thing when it comes to addiction. Addiction is the act or process of continuously gambling even when you are out of find or when you don't even want to gamble you find one way or the other to gamble and this happens in both of the Gambling sectors so gambling addiction is not determineed by the type of casino but the kind of person gambling.

I agree with you, online gambling and gambling with Bitcoin has little or nothing to do with addiction, you can choose to use another coin or fiat to gamble, what makes gamblers to be addicted is lack of self control. Online gambling have increased the number of people that gambles but what causes addiction is character, if you are not disciplined you will become addicted. People who don't know how to apply moderation in things that they engage in will most likely become addicted to it, whether it's gambling, drinking or singing if you don't know when to stop it means that you are addicted to it.

Those people have their own choice to gamble or not. If they know about the risks and consequences, they will not get too far in gambling, whether that is a crypto or fiat casino. They will take care of themselves and will not playing gambling and use other things to have fun.

Bitcoin gambling sites are available to serve those who want to gamble with Bitcoin. Those people can playing gambling from anywhere they want and use Bitcoin to hide the transaction. But being addicted or not, that will be their responsibility so they need to protect themselves from the addiction.

If they know how to moderate their gambling activity, they will not let them deeper into gambling. They will use many ways to prevent playing gambling for longer. They should know that playing gambling can cause them to become addicted to gambling but also have fun. So they should choose by themselves.

[shasan]

Recently I've been noticing how bitcoin gambling sites are becoming increasingly popular among young people as these days you don't have to walk into a betting shop again or visit any casino games centres before you can gamble, now you can just get everything served to you on your smartphone while you're sitting at home and since the introduction of crytocurrency including bitcoin into gambling, it has even gone further to make gambling faster, easier sweeter and more enjoyable to many young people.

Now with these crypto based gambling sites you have easy access to playing gambling games and bets, borderless transactions through wallets and also get instant payouts as well as you don't have to pass through many traditional verifications or ID checks.

But as good as these new developments may sound, we have already started witnessing its side effects around increasing financial loss among the young ones since the process has been made easier than ever, growimg number of young gamblers becoming more attached and more addicted to gambling as they could do everything at home and more importantly making it more difficult for proper regulations among government institutions.

The big question for me now is, do we consider bitcoin gambling sites a big opportunity for the people or a big trap that will leave many young people addicted and financially broke?

Crypto casinos are popular to the young people not only for avoiding walk but also there are several reason behind this. It is easy to access, almost no restriction aceept age which can be overcome by using the kyc of parents or family members. There is no risk to be harass by bthe local people and so on.

[virasog]

The big question for me now is, do we consider bitcoin gambling sites a big opportunity for the people or a big trap that will leave many young people addicted and financially broke?

It is not bitcoin gambling that is the problem. The problem is the easy access to gambling site through mobile phones or mobile devices. That is the main problem. This has caused a lot of online gambling platforms to Spring up because they know that they are consumers are in their living rooms and they can meet them there with just an ad. For the gambling operators, it is a big opportunity but for the gamblers, it is a trap. We have a gambling epidemic about to explode.

One need to understand the pros and cons of gambling and then decide whether he want to gamble or stay away from it. This is nothing difference it makes to do with gambling with Bitcoin or fiat money.

Cryptocurrency or credit cards are only the source of putting the money in the gambling casino in order to gamble. You may win or lose in gambling and that's totally a separate thing.

Yeah the online gambling have been made accessible to everyone very easily but again the op questions should be that gambling is a trap or an opportunity doesn't matter you gamble with Bitcoin, Crypto or local currencies.

[GigaBit]

The big question for me now is, do we consider bitcoin gambling sites a big opportunity for the people or a big trap that will leave many young people addicted and financially broke?

It is better to consider Bitcoin as a medium of exchange only. We have seen before that those who are addicted also get addicted by gambling with fiat. If someone does not control his gambling, he is responsible for it himself. I do not agree with the fact that gamblers are more addicted because of the use of Bitcoin. Depositing money in gambling through Bitcoin is definitely a good advantage. If someone wants, he can gamble anonymously. If someone abuses this advantage, it is completely his own fault.

[Su-asa]

The big question for me now is, do we consider bitcoin gambling sites a big opportunity for the people or a big trap that will leave many young people addicted and financially broke?

It is better to consider Bitcoin as a medium of exchange only. We have seen before that those who are addicted also get addicted by gambling with fiat. If someone does not control his gambling, he is responsible for it himself. I do not agree with the fact that gamblers are more addicted because of the use of Bitcoin. Depositing money in gambling through Bitcoin is definitely a good advantage. If someone wants, he can gamble anonymously. If someone abuses this advantage, it is completely his own fault.

That's just it mate. Bitcoin is just another medium of exchange which can be used to purchase things both online and offline so long as the other person knows what it's all about and also knows how to use it. Some of the gamblers that are addicted to gambling have already been addicted to gamble for a long time even before discovering crypto casinos. So Bitcoin is not a trap for gamblers, gamblers who became addicted to gambling failed to gamble responsibly.