EarnBet is an online decentralized casino providing users gaming services on the blockchain platform. During the covid-19 pandemic, it hopes to address critical problems involved in going to a traditional casino such as contact with other people and an unfair house edge.
On the other hand, EarnBet prides itself of having the lowest house edge in the industry and boasts of facilitating countless transactions simultaneously on its platform. Since the platform is decentralized,anyone can view records of gambling no matter how immaterial the transaction.
The casino has taken a rare, yet innovative step to solve a prevalent issue that exists among those that wish to gamble. In doing so, it has yet to take advantage of the gambling industry, which is worth a staggering $240 billion in the U.S alone and if the casino could manage to grab a 0.1% share-it would mean a valuation of $240 million, contrary to the current valuation of a mere $3 million.
Also, the casino pays dividends in Bitcoin. Check it out here:
https://earnbet.ioWhile online gambling would be natural to be on the rise during the pandemic, it, unfortunately, doesn't necessarily mean that people are being more open to cryptos and encouraged to use them. Bank accounts are still offering a very strong alternative, so it's not that easy for crypto casinos to get users, probably even in the current situation. Moreover, the crypto gambling area is very competitive, so I wonder how a new casino is planning to attract users that can instead use well-established reputable casinos of all sorts. Being active on Bitcointalk is important, and so is establishing trust and making accurate advertising (I'm referring to the 'lowest' house edge that Haunebu pointed out).