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When Bitcoin drops, most people react emotionally some get discouraged and bet less, while others try to chase losses and gamble impulsively. Casinos are generally in the advantage here because they always have a built-in edge. The real “winners” are the disciplined players who stay calm and don’t gamble out of panic or the urge to quickly recover losses.
Bitcoin price is never an advantage for the casino since their crypto bankroll will be affected as they hold specific amount of crypto for user payout whenever they request for withdrawal.
As for the frequency of gamblers for sure it will decrease/increase but on uncertain markets usually gambling business is also affected.
Crypto casino is just resilient on bitcoin drop price because many whale players still play in online casino regularly regardless of the crypto price using stablecoins.