Is the rise of online gambling a bubble?

[Agbe]

I randomly stumbled upon this discussion about the rise of online gambling, including crypto casinos, actually being a bubble. Meaning that people now engaging in online gambling, whether slots, live games, sports, or whatever, is only temporary and destined to bust. Do you think it's true? If yes, what makes it bust? Do people get bored, or do they all go broke? Not sure what the reason is, lol.

In my opinion, it's not a bubble but would be more accurate to call it the 4 stages of the product life cycle thing. Are we now at the end of the growth stage or maybe early growth, or else? What do you think?

Online gambling is currently the highest place that many people go and do their gambling activities because unlike the traditional offline shoppes where there's allot of crowd and disturbance including waiting for your turn to stake on your game the online is more easier and user friendly and you don't get to experience any disturbance from anyone so that's the more reason allot of people are going online with their with gambling activities and these online casinos are really making serious money from online betting now as more people are getting more awareness about betting online

[Rubel007]

In my opinion, it's not a bubble but would be more accurate to call it the 4 stages of the product life cycle thing. Are we now at the end of the growth stage or maybe early growth, or else? What do you think?

not a bubble but a trend where online gambling makes the business area of ​​rich people as money laundering, instead of gambling, it turns out there is a purpose behind it
online gambling cannot be avoided at this time where this is a billion dollar business and is easily adopted by every gambler with cellphone capital, internet and money they don't need to come to the location to play gambling without leaving the house when it's time to go home they can still gather with family, but with this situation the level of addiction will increase for its users

It is true that it is no longer at the stage where anyone can stop online gambling platforms if they wish. This is no longer possible at the present time. The rich have been able to understand that there is no alternative to earning money in an easier way. Once this business can be established, there can be no better source of income than this. It is a well-known platform for getting high profits in a short time. Since the rich play the most important role to lead a country, they will never want this platform to disappear in any way and the situation is the same everywhere in the world. That is why the development of these platforms is inevitable.

[electronicash]

i don't even understand that 4 product cycle but for the rise of online gambling, i think its going to be permanent rise because of the available technology. if anyone from the internet could use social media, anyone could also use the online casinos.  users playing on casinos are getting younger and younger so i wouldn't be surprise if we see a kid wining a jackpot and then not able to cashout.

what could stop the rise of online gambling is the government banning and blocking online casinos.

[Betron]

That's an interesting take! I don't think the rise of online gambling, including crypto casinos, is necessarily a bubble, but more of an evolving trend. As you mentioned, it could be part of the product life cycle, with different stages depending on market maturity and user adoption.

The real issue isn't necessarily that people will get bored or go broke, but rather that traditional online gambling models are limited and often come with extreme risks. The volatility of crypto casinos can amplify these risks, and that could discourage long-term participation.

What makes platforms like Betron Markets stand out is that they take a unique approach to betting and prediction markets, where no one wins it all or loses it all. This model balances the thrill of betting with fairness and sustainability, providing users with a more engaging experience over time.

So, I wouldn't say it's a bubble—it's more about how platforms evolve and offer new ways for people to engage with betting in a more balanced, long-term way. It’s all about creating fair, enjoyable experiences that reduce the risks typically associated with gambling.

If you’re looking for something different, Betron Markets could be the next step! 🚀
👉 app.betron.io

[mu_enrico]

I don't know what these 4 stages are but in mentioned two, I will go with growth stage. If you asked same question, a decade early, then I would have went with 'early growth ' stage.

i don't even understand that 4 product cycle

This one

That's an interesting take! I don't think the rise of online gambling, including crypto casinos, is necessarily a bubble, but more of an evolving trend. As you mentioned, it could be part of the product life cycle, with different stages depending on market maturity and user adoption.

The real issue isn't necessarily that people will get bored or go broke, but rather that traditional online gambling models are limited and often come with extreme risks. The volatility of crypto casinos can amplify these risks, and that could discourage long-term participation.

You actually gave quite good insight mate, minus your marketing of course lol
Just put your link in the signature area and discuss the topic like usual so it will be less cringy.
Thanks for your participation btw

[0t3p0t]

A total ban on online gambling can make it a bubble that burst but we all know that this isn't happening not unless it is strictly prohibited in a specific country just like in muslim countries which totally ban it and I actually like that idea but unfortunately I am in a country that does not ban gambling but instead regulate it and yeah gambling is everywhere right now even on your personal mobile phone number, email, social media, television, billboard you name it and the thing is the bubble won't pop here because it's legally operating and government don't care whether everybody get addicted to it or you became broke because of it.

[electronicash]

I don't know what these 4 stages are but in mentioned two, I will go with growth stage. If you asked same question, a decade early, then I would have went with 'early growth ' stage.

i don't even understand that 4 product cycle

This one

That's an interesting take! I don't think the rise of online gambling, including crypto casinos, is necessarily a bubble, but more of an evolving trend. As you mentioned, it could be part of the product life cycle, with different stages depending on market maturity and user adoption.

The real issue isn't necessarily that people will get bored or go broke, but rather that traditional online gambling models are limited and often come with extreme risks. The volatility of crypto casinos can amplify these risks, and that could discourage long-term participation.

You actually gave quite good insight mate, minus your marketing of course lol
Just put your link in the signature area and discuss the topic like usual so it will be less cringy.
Thanks for your participation btw

oh  that. i'm not sure if the popularity is declining. gambling has been around since time, the off line casinos probably are declining but the online casinos i think we are still climbing. there are platforms that has been developed in a very innovative way.

as of now, only  percentage of people are into online gambling. we haven't hit the peak of this online gambling yet. these online casinos doesn't even have mobiles apps yet to which if they have, its easier for the digital wallets to connect.

[electronicash]

I don't know what these 4 stages are but in mentioned two, I will go with growth stage. If you asked same question, a decade early, then I would have went with 'early growth ' stage.

i don't even understand that 4 product cycle

This one

That's an interesting take! I don't think the rise of online gambling, including crypto casinos, is necessarily a bubble, but more of an evolving trend. As you mentioned, it could be part of the product life cycle, with different stages depending on market maturity and user adoption.

The real issue isn't necessarily that people will get bored or go broke, but rather that traditional online gambling models are limited and often come with extreme risks. The volatility of crypto casinos can amplify these risks, and that could discourage long-term participation.

You actually gave quite good insight mate, minus your marketing of course lol
Just put your link in the signature area and discuss the topic like usual so it will be less cringy.
Thanks for your participation btw

oh  that. i'm not sure if the popularity is declining. gambling has been around since time, the off line casinos probably are declining but the online casinos i think we are still climbing. there are platforms that has been developed in a very innovative way.

as of now, only  percentage of people are into online gambling. we haven't hit the peak of this online gambling yet. these online casinos doesn't even have mobiles apps yet to which if they have, its easier for the digital wallets to connect.

[Dr.Bitcoin_Strange]

Yeah, things will evolve, from physical to online casino but there are pros and cons to both and just let the users choose on what platform he will use. In our country where there is a surge in online gambling, many individuals are complaining that there families were in trouble because members of their family were hooked up in this activity as it is now very convenient to gamble online.

Online or Offline, people who are addicted and can’t control their emotions when gambling will always suffer, not just them but also people who are around them. The problem isn’t really the nature of the casino, but the gamblers’ attitude towards gambling activities. A responsible gambler has absolutely no problem with whether the casino is easily accessible or if he’ll need to drive a few miles or walk a few blocks before he can access a physical casino. Even if the casino dozens of miles or kilometres away, the outcome of an irresponsible gambler would still be the same.

[Asiska02]

In my opinion, it's not a bubble but would be more accurate to call it the 4 stages of the product life cycle thing. Are we now at the end of the growth stage or maybe early growth, or else? What do you think?

Online gambling casinos have been on the rise and this is due to the high number of participation in gambling and how to make things easier for people that are interested much in this. It comes with its high risk but those that keeps innovations them are just after their selfish gain and not what the repercussions of them will be. I never expected an online gambling casinos to be the easiest way to gamble, but they happen to appear more often than the usual, as imagined. Technology is now getting more advanced and the more advanced it gets, the more easier for them to leverage on this to boost their businesses too which has brought about increased number of casinos today online.

[Findingnemo]

Internet is the future so it can't be a bubble, the platform might evolve a lot according to the evolution of technology advancements but online casinos can't fade away. But the audience might leave and new set of audience will enter so this will keep the revenue cycle goes on but obviously like any other business this might have it's ups and downs due to many factors like policy changes or social causes.

[|MINER|]

I wouldn't call online gambling just a bubble, but I would like to call it something more dangerous than bubble because a bubble blown up a little before it bursts. But gambling is such a thing that a little blown up won't give you time to chew bubble gum before you see that your funds are gone. And so when gambling, there is no other way to gamble responsibly, otherwise we may have to face something even more terrible than the bubble effect, so we should never gamble beyond our affordability.

[pieppiep]

I wouldn't call online gambling just a bubble, but I would like to call it something more dangerous than bubble because a bubble blown up a little before it bursts. But gambling is such a thing that a little blown up won't give you time to chew bubble gum before you see that your funds are gone. And so when gambling, there is no other way to gamble responsibly, otherwise we may have to face something even more terrible than the bubble effect, so we should never gamble beyond our affordability.

Risks of online gambling may and often are difficult to control if we don't set clear boundaries. We will understand in the world of Information Technology that an online gambling scripts can be set to a percent of a winning up to 0.00001% of a winning. It also needs caution so that we don’t lose more than we should. It should be just one of the entertainment ones, not for one to earn a profit from. However, we can avoid negative side affects if we pay attention to the limits of our financial potential and to limit ourselves. Key to not letting this fall into a destructive situation in the future is to maintain balance.

[bisdak40]

Online gambling isn’t a bubble; it’s just doing its thing. It’s still growing, especially with crypto casinos being a big deal. Later, it might slow down if people get bored or broke or laws get tighter.

[|MINER|]

Risks of online gambling may and often are difficult to control if we don't set clear boundaries. We will understand in the world of Information Technology that an online gambling scripts can be set to a percent of a winning up to 0.00001% of a winning. It also needs caution so that we don’t lose more than we should. It should be just one of the entertainment ones, not for one to earn a profit from. However, we can avoid negative side affects if we pay attention to the limits of our financial potential and to limit ourselves. Key to not letting this fall into a destructive situation in the future is to maintain balance.

You also said a good thing here because I think if we don't have any specific limit on our gambling budget then in the future their will be issues like the big debt or the big losses we don't want to have that.
And we saw lots of this kind of example in the space of gambling like people make a responsible gambling and face huge loss and as well as make their life more difficult on the hand of debt.So there is nothing but why maintain the balance on gambling what we can afford to lose.