I dont quite understand how this going to work. We have a casino that is a intermediary between two gamblers with NFT. How can bet or competition be fair, if NFT dont have constant price and there is not such kind as true average market price, as owners set all prices themselves. Two NFT owners can agree between themselves on a result of any game, and they need a guarantee who will hold NFT until game end. I dont think that casino is needed.
In case someone wants to bet NFT and wish to receive certain amount of money if he wins, then all I can say that NFT holders are so desperate with their fails in purchasing NFT, that they try everything to get rid of such bad asset or try to return any money.
I bought alot of NFTs on the ethereum network back then in 2020, and till date, those nfts are still in my wallet with no market where to sell them, I spent over 8 ethereum buying those when ethereum was still around $250/$300.
Buying nfts was and still is my worst crypto investment and mistake. And more surprising for me to learn that we can actually use nfts for gambling, this to me is very complicating to understand.
Why not sell the nfts for normal crypto coins and spend the crypto for gambling, this is less complicating and easy to understand in terms of asset valuation.
I find gambling with nfts complicated because it's hard to determine what their true value is, a person may value his or her nfts at a hundred dollar, but in reality, no one will pay that to buy the nft.
I can purpose that there is no demand, nobody wants to buy OPs NFT for the price he wants to sell them, that is why his last hope to return money spend with less losses is to gamble with them. As I understand with NFT, you cant easily sell them. There is no buy orders that we have used to when trading crypto. There is no immediate trade; make a sales offer and wait. I think his potential bet with NFT will be complicated, because parties first have to agree with NFT value.