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Author Topic: Is Bitcoin Gambling Satured?  (Read 2045 times)
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Bitcoin Betting Guide
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September 28, 2014, 01:18:44 AM
 #21

IMO no.
For all the gamblers around the world, only a part of them are doing online gambling; and only a small proportion of them are doing bitcoin gambling.

You are making a case for yes. The fact that so few people are bitcoin gambling makes it more likely that the market is saturated.

The market is bitcoiners. Its estimated there are less than 1 million people with 0.1 bitcoins or more, an ecosystem so small can not support a lot of operators. Yes if a new operator comes along and does absolutely everything right and has a huge marketing budget they can still succeed, but most of that would be taking players off other sites not new players to the market so that is still a saturated market. That all changes if bitcoin adoption skyrockets.

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September 28, 2014, 02:41:50 AM
 #22

Gambling sites can innovate too.
All sites don't have to be dice based.  Smiley
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September 28, 2014, 04:32:59 AM
 #23

A majority of those thousands of sites are shitty.  Eventually Quality over quantity will take effect.  I think the site that has live dealers for blackjack and roulette are fucking awesome and will survive.

“You can't be a real country unless you have a beer and an airline - it helps if you have some kind of football team, or some nuclear weapons, but in the very least you need a beer.”
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September 28, 2014, 04:36:54 AM
 #24

A majority of those thousands of sites are shitty.  Eventually Quality over quantity will take effect.  I think the site that has live dealers for blackjack and roulette are fucking awesome and will survive.

I haven't found too many live dealer bitcoin only casinos.  I didn't think those would work for bitcoin gamblers
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September 28, 2014, 05:54:54 AM
Last edit: June 22, 2015, 02:52:06 AM by Bitcoin Betting Guide
 #25

A majority of those thousands of sites are shitty.  Eventually Quality over quantity will take effect.  I think the site that has live dealers for blackjack and roulette are fucking awesome and will survive.

I haven't found too many live dealer bitcoin only casinos.  I didn't think those would work for bitcoin gamblers

There are a handful, all of them use the same excellent software provider. The top four bitcoin only casinos in this list have great live dealer products. The dealers are atractive latinas if that is all you wanted to know hahaha

http://www.bitcoin-casino-guide.com/bitcoin-casino-reviews/

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September 28, 2014, 06:04:48 AM
 #26

IMO no.
For all the gamblers around the world, only a part of them are doing online gambling; and only a small proportion of them are doing bitcoin gambling.

You are making a case for yes. The fact that so few people are bitcoin gambling makes it more likely that the market is saturated.

The market is bitcoiners. Its estimated there are less than 1 million people with 0.1 bitcoins or more, an ecosystem so small can not support a lot of operators. Yes if a new operator comes along and does absolutely everything right and has a huge marketing budget they can still succeed, but most of that would be taking players off other sites not new players to the market so that is still a saturated market. That all changes if bitcoin adoption skyrockets.

Aren't many of the bitcoiners expecting bitcoin will one day get mass adoption and will be a world currency? Grin

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September 28, 2014, 03:02:26 PM
 #27


 We do not need mass adoption by merchants or everyday people to get gambling websites high level of wagered amount . Only gamblers would be more than enough.
 
 Think about it , if sealswithclubs gets half of pokerstar players , even couple of big names , and they tell others how easy it is , than its all over,  every gambler out there will try to get a piece of it.

 There are very strict answers that many people here agree as I can see.

 - It is not as satured as it can be , there are still a lot of room to grow.
 - You need to build a trust , if people trust you and your website , than you are good to go.
 - Marketing is nothing if you are not known and trusted , you can spend awful lot of money to gain popularity and someone very high trusted elite member of the forum just simply say you are good or you are bad and overcome all of that marketing budget with one single post either raise you or belittle you.

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