Altcoins Talks - Cryptocurrency Forum
Wider Crypto World => Gambling & Crypto Casinos => Gambling discussion => Topic started by: Rruchi man on November 09, 2024, 10:24:47 PM
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With an opportunity to open either one of these casino's, which will it be, will you prefer opening up a physical casino or an online casino? Add your reasons.
While many will be quick to choose the online casino considering it's potential reach, offline casino's that still offer quality service will be very attractive to those who remain old fashioned and want to still continue enjoying the real casino experience, so there can still be lost of profit to make.
What do you think?
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Online casinos can be more profitable if you have the money to start and advertise. Definitely, I will choose online casino. But I will prefer not to make it a fiat gambling site but a crypto gambling site instead which can help against many barriers that some regulators in each countries make to make sure money from their citizens will not be spent internationally. I am referring to a situation that a country will allow the gambling site but the citizens will have problem with fiat deposit.
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The cost of setting up an online casino is cheaper compared to an offline casino because you need a building and many workers to work for you but online casino only needs few workers to run the casino. I will prefer setting up an online casino so thay it can easily be accessed by anyone, anywhere. Crypto casino precisely.
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While many will be quick to choose the online casino considering it's potential reach, offline casino's that still offer quality service will be very attractive to those who remain old fashioned and want to still continue enjoying the real casino experience, so there can still be lost of profit to make.
The opportunity cost from losing old school gamblers is probably negligible compared to the potential new customers an online casino would generate. If we're talking about VIP level old school, then that's a different story but their type usually just visits top tier casinos. It's still a lose if you put up a land based casino that they won't visit.
For the choice, it's online. Not only does it have more reach but easier to set up. The main problem here is security and maybe issues with regulators from different countries.
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With an opportunity to open either one of these casino's, which will it be, will you prefer opening up a physical casino or an online casino? Add your reasons.
While many will be quick to choose the online casino considering it's potential reach, offline casino's that still offer quality service will be very attractive to those who remain old fashioned and want to still continue enjoying the real casino experience, so there can still be lost of profit to make.
What do you think?
Physical casinos.
1. I would be placing in the center of the city on where there's no other casino currently existing.
2 If you do have that less competition which means that it will really be making more money.
Business capital on this one is really that big or simply doesnt come cheap and thats why not all people would be able to build one.
I dont know about on online casino business capital but pretty sure this one will come cheaper i guess(its just a hunch).
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With an opportunity to open either one of these casino's, which will it be, will you prefer opening up a physical casino or an online casino? Add your reasons.
While many will be quick to choose the online casino considering it's potential reach, offline casino's that still offer quality service will be very attractive to those who remain old fashioned and want to still continue enjoying the real casino experience, so there can still be lost of profit to make.
What do you think?
I will still go with the old and traditional based physical casinos, I think in terms of maintenance it could be easy as compare to putting up a online casinos. And then there is the threat of cyber criminals around that is hard to mitigate until it's too late.
As compare to land base casinos, we haven't heard anyone talking millions and scaping with that money. They are always caught and money return to the casino itself.
One drawback could be that you have to spend a lot of money on having a physical casinos.
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Comparing the two, I would prefer online casinos. The reason is quite simple, most users now seem to prefer online casinos, because of easy access and can be played anywhere.
However, both have their own advantages and disadvantages, it is our job to cover all of that. I think everything is the same that there are advantages and disadvantages, but if you have to choose, online casinos look more attractive.
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Physical casino is more difficult to prosper and profitable when it's opened new so I definitely go with the online casino and save a lot of paperwork and money.
Physical casinos are great and might give the satisfaction of a complete experience but this fast-moving world there's very less people prefer that which is another reason from the consumer point of view to gain a wider range of customers than the targeted ones when we do things online.
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With an opportunity to open either one of these casino's, which will it be, will you prefer opening up a physical casino or an online casino? Add your reasons.
While many will be quick to choose the online casino considering it's potential reach, offline casino's that still offer quality service will be very attractive to those who remain old fashioned and want to still continue enjoying the real casino experience, so there can still be lost of profit to make.
What do you think?
Both has pros and cons depending on what interests us and it's like the introvert and extrovert thing literally but this still depends on our own personal preferences including privacy. Regardless of it online or offline/physical casino I think it's all the same that delivers win or loss to gamblers. But my longest play was in a physical one and I only spend I think few months of online casino and then that's it. I started gambling at the age of I think that was 5 years old and I do it physically as that is the only way we can play here in my place long ago.
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opening a physical casino looks expensive compare to just creating an online casino where you could only have a few employees running the casino on the background while operating a physical casino will cost a lot of money and yet you're very unsure whether its profitable.
you are going to need influential people to come to your casino and even play with them just to entertain them. i would rather be opening an online casino while i'm already using them constantly which means i know how it works already and maybe promote it myself.
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While many will be quick to choose the online casino considering it's potential reach, offline casino's that still offer quality service will be very attractive to those who remain old fashioned and want to still continue enjoying the real casino experience, so there can still be lost of profit to make.
I'm not sure how reliable this statistic is[1], but it seems like offline casino is still the biggest market so far. It is expected to grow even bigger in 2029. Online casinos follow this closely though[2]. Looking at the volume it's clear that if you can open an offline casino spot you'd probably get a lot of money, but the barrier to entry is probably higher. Some of these volumes are concentrated on a specific location too if I read this correctly, so if you're far from there opening an online casino would make sense from a cost/opportunity perspective.
[1] https://www.researchandmarkets.com/reports/5740778/gambling-global-market-opportunities-strategies
[2] https://www.statista.com/outlook/amo/online-gambling/worldwide
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If you open a real casino, it’s all about the feeling like the lights, sounds, and the fun atmosphere. But online, you need to stand out with fun games, big rewards, and something different or special. There are so many choices, so you must give people a good reason to choose yours.
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If there were no online gambling, then gambling would not be so popular. It can be said that after arriving online gambling, the sector has become especially popular with all people and the biggest role for this is the creation of gambling opportunities through cryptocurrency. Everyone who gambles wants to hide their identity and conduct gambling without any problems. By conducting gambling with cryptocurrency, a gambler will get the opportunity to gamble according to his convenience in a very short time, which is not possible with fiat. That is why online crypto gambling platform increased significantly.
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If there were no online gambling, then gambling would not be so popular. It can be said that after arriving online gambling, the sector has become especially popular with all people and the biggest role for this is the creation of gambling opportunities through cryptocurrency. Everyone who gambles wants to hide their identity and conduct gambling without any problems. By conducting gambling with cryptocurrency, a gambler will get the opportunity to gamble according to his convenience in a very short time, which is not possible with fiat. That is why online crypto gambling platform increased significantly.
It was during Covid-19 that online gambling started gaining more attention because of the lock down. When you are boring at home, gamblers easily switched into online gambling and that gave them more convince and privacy with their gambling activities. Look at it today, it's something big to the point that some people think that it will take get offline casinos out of business. I like it because of easy accessibility.
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With an opportunity to open either one of these casino's, which will it be, will you prefer opening up a physical casino or an online casino? Add your reasons.
Based on my location, I can only franchise; pay the franchise fee, and I must have millions to set up one, as operating a physical casino needs huge funds and a lot of planning compared to online casinos, where the cost is not even half of what you will spend, so I prefer to launch an online casino because it's easy to manage and I only need a few staff to run this type of casino.
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It is always beneficial to follow trends. Whether we agree or not, everything is going digital, with everything being done online. The old-fashioned generation will soon fade away, and people will no longer see the need to visit an offline casino because online casinos offer all of the same fun that offline casinos do.
It should be noted that some government officials and people from various walks of life would find it difficult to associate with offline casinos, but due to privacy concerns, they would be more comfortable participating in online casinos because they are confident that their identities are hidden. In addition, online casinos have a wider reach. Thus, I would consider investing in an online casino.
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It should be noted that some government officials and people from various walks of life would find it difficult to associate with offline casinos, but due to privacy concerns, they would be more comfortable participating in online casinos because they are confident that their identities are hidden. In addition, online casinos have a wider reach. Thus, I would consider investing in an online casino.
People tends to give much priority to online casinos due to their privacy and identity purpose, like you said, a high profile personal wouldn't want to tarnished his images going to a local casinos to gamble knowing how reputable he could be or the position he is holding wouldn't permit him to do that publicly but can gambling privately online without any knowledge of someone, but if he would be afraid of documentation then he asked his children or brother to pass kyc for any gambling site for them to gamble.
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It should be noted that some government officials and people from various walks of life would find it difficult to associate with offline casinos, but due to privacy concerns, they would be more comfortable participating in online casinos because they are confident that their identities are hidden. In addition, online casinos have a wider reach. Thus, I would consider investing in an online casino.
People tends to give much priority to online casinos due to their privacy and identity purpose, like you said, a high profile personal wouldn't want to tarnished his images going to a local casinos to gamble knowing how reputable he could be or the position he is holding wouldn't permit him to do that publicly but can gambling privately online without any knowledge of someone, but if he would be afraid of documentation then he asked his children or brother to pass kyc for any gambling site for them to gamble.
idk. the discreet people who doesn't want to tarnish their images are the inexperience politicians, they wanna maintain it yet but once they become a seasoned corrupt official, it doesn't matter anymore for what matters is to let everyone know their dominance in a particular state. they wanna show they are untouchable. maybe not in some countries but in the 3rd world, dominance keeps enemies at bay.
online casinos are suppose to be for the privacy concern individuals. yet we are already used to submitting kyc and because they tell us they are regulated.
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With an opportunity to open either one of these casino's, which will it be, will you prefer opening up a physical casino or an online casino? Add your reasons.
While many will be quick to choose the online casino considering it's potential reach, offline casino's that still offer quality service will be very attractive to those who remain old fashioned and want to still continue enjoying the real casino experience, so there can still be lost of profit to make.
What do you think?
I will likely build online casino than build a physical one. The physical can brings other opportunities aside from the gambling activities itself but the management is much more tight than online casinos. You will spend alot to me in my opinion that online casino, have you thought about maintenance, I also thinks that location is very important when it comes to physical casino.
The availability of mobile phones has made physical casino less active compare online casinos, this is computer age where the internet has made everything easier for people, I think online casino should be easy to manage than the physical casinos.
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Some gamblers are most interested in online casinos while some will prefer the physical one, there is much of the online gambling platforms with the support of accepting crypto, this will also be an added bonus for them to be able to make use of the website to enjoy gambling with the crypto coin they are having, gambling has been made easy to do by anyone who is interested in it.
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With an opportunity to open either one of these casino's, which will it be, will you prefer opening up a physical casino or an online casino? Add your reasons.
While many will be quick to choose the online casino considering it's potential reach, offline casino's that still offer quality service will be very attractive to those who remain old fashioned and want to still continue enjoying the real casino experience, so there can still be lost of profit to make.
What do you think?
I don't really know the right answer to this question because sometimes I want to go to a physical casino and enjoy the physical environment of the casino.
But it seems that most of the time we can't do this and even if we want to, we often don't think about the other expenses that go into the casino besides playing the games. And for this reason, most of the time I have to choose online casino groups to play casino games. And I think that if we want to get easy access and without the hidden cost, then we must choose online casinos.
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People tends to give much priority to online casinos due to their privacy and identity purpose, like you said, a high profile personal wouldn't want to tarnished his images going to a local casinos to gamble knowing how reputable he could be or the position he is holding wouldn't permit him to do that publicly but can gambling privately online without any knowledge of someone, but if he would be afraid of documentation then he asked his children or brother to pass kyc for any gambling site for them to gamble.
idk. the discreet people who doesn't want to tarnish their images are the inexperience politicians, they wanna maintain it yet but once they become a seasoned corrupt official, it doesn't matter anymore for what matters is to let everyone know their dominance in a particular state. they wanna show they are untouchable. maybe not in some countries but in the 3rd world, dominance keeps enemies at bay.
online casinos are suppose to be for the privacy concern individuals. yet we are already used to submitting kyc and because they tell us they are regulated.
There are still no kyc casinos which if they tends to maintain their privacy they would do that without anyone knows that they are gambling. Yes, most of the world countries like our country itself they feels untouchable and uncontrollable because they are in power and we can't even tell them what to do and what not to do.
Such people do not care about whatever anyone would do, though as politicians they are highly concerned about their reputation against their opposition party that may likely used their weakness to strike against their ambition.
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Some gamblers are most interested in online casinos while some will prefer the physical one, there is much of the online gambling platforms with the support of accepting crypto, this will also be an added bonus for them to be able to make use of the website to enjoy gambling with the crypto coin they are having, gambling has been made easy to do by anyone who is interested in it.
Without a doubt, whether a gambler chooses an online or offline casino is determined by their preferences, environment, and personality. Even though gambling is legal, some people still associate it with something negative, and people who gamble are often viewed as irresponsible.
This has pushed many people into online casinos, ensuring that they are not associated with gambling. There are also people who only have time to gamble at night due to the nature of their jobs and thus prefer online casinos because most casino shops do not provide 24-hour service.