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Reply To: Recession in the US & UK – Good or Bad for Online Gaming?

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#766060
Anonymous
Inactive

@Dominique 160123 wrote:

I have to disagree with that – most of my players like to play low variance games for entertainment and have a budget to spend on it every month.

Here are a few definitions of gamble:

gamble
Definition

To engage in any activity in which money is put at risk for the purpose of making a profit, and which is characterized by some or most of the following (in approximately descending order of importance)………..

gamble
n 1: money that is risked for possible monetary gain
2: a risky act or venture
v 1: take a risk in the hope of a favorable outcome; “When you
buy these stocks you are gambling” [syn: chance, risk,
hazard, take chances, adventure, run a risk, take
a chance]
gamble
1.
a. To bet on an uncertain outcome, as of a contest.
b. To play a game of chance for stakes.
2. To take a risk in the hope of gaining an advantage or a benefit.

There might be a entertainment factor in gamble, but the essential is to take the risk, invest your own money to gain more money.

A while ago I was reading a article about gambling market in South Africa. Apparently they have biggest gambling market in terms of % of GNP. People are queuing up on a friday evening play lotto after getting paid. Most of them shoulld rather buy food with this money.

In a recession (I can’t stand using this term) you might need to change how to market a gambling product, but the dream will remain the same: winning money through taking a risk :)