I don't think there's any truth to this theory. As far as poker, they're mostly all poorly designed and have no traffic. Maybe a straight-up casino site would be better where you don't need people to play against and you don't care about user interface. But I think the whole "drugs, gambling, hookers" element of BTC is just FUD.
However, I think a ton of people are gambling on bitcoin itself. I've read that many investors say they've tried their hand at bitcoin. It makes sense. The market dynamics can't be much different than forex and are probably a fun experiment. But for serious traders I doubt they could wage big enough bets on BTC without driving up or down prices on themselves.
logn|13 years ago
However, I think a ton of people are gambling on bitcoin itself. I've read that many investors say they've tried their hand at bitcoin. It makes sense. The market dynamics can't be much different than forex and are probably a fun experiment. But for serious traders I doubt they could wage big enough bets on BTC without driving up or down prices on themselves.