When Bitcoin's price drops, many people end up losing money and become discouraged by the market. But online casinos continue to operate normally and receive bets every day.
This makes me wonder: do casinos actually earn even more during these downturns? After all, some players may gamble to try to "recover" what they lost.
Or is it the other way around? Since players have less money available, do they bet less, and casinos also make less profit?
I'd like to hear your opinion: when Bitcoin's price drops, who comes out on top: the casinos or the players who manage to control themselves?
There are some valuable aspects here.
1. But those who are constantly gambling are never gambling based on the value of the market.
2. If there is a gamble that needs to recover money, then he can also make money by gambling. But it is completely based on its own. Because before gambling, you always have to remember, rather than win, it is not possible to lose.
However, when the market is on the downturn, the casino will not sit. Because gamblers will always be gambling here. And they will always think we have to make good money from here. Since there are 2x, 3x, 5x, 10x, 20x + options, none of them want to miss them. So the casinos are running despite the Bitcoin price down.