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?
Previously, I would have definitely answered your question with a "no" because I thought that traders would never go to a casino because they would consider investing and trading more manageable, because the outcome there depends not only on luck, but also on them. But having learned that traders also sometimes get into a very strong addiction (because I saw this in an interview), then I will say that it is quite possible. And in life, there really are such cases.