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?
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gambling platform can give you a better answer from their analytics results. But as far as I understand, those who are addicted to gambling never follow the market conditions, they continue to gamble in any market condition. So casino sites never lose to addicted gamblers. But Bitcoin has a pattern and it follows halving so it is always volatile, this is the religion of Bitcoin. But gambling sites always run their own way, but rather increase traffic day by day through attractive advertisements.