About Online casino/gambling projects - page 2.

alegotardo

legendary

Activity: 2352

Merit: 1121

☢️ alegotardo™️

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

In fact there are many gambling sites that do not last a year, it is due to their facts that have been created in the ambition of trying to make easy money with this warm niche, but are sites that are launched without any planning.
The rules for this type of operation in several countries is also increasingly rigid, which has been amazing new adventurers.
However, we have several old, consecrated and safe sites (already mentioned by other participants).
For those who have good planning, money to invest and want to do the right things, can progress and make a lot of profit from this type of business

goinmerry

legendary

Activity: 2940

Merit: 1083

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

I have read this a lot of times and I realized, are you referring to those gambling site projects that held an ICO or related stuff in the past and still operating up to this point? The reason I have thought of that is, those old gambling sites that already established a good reputation here didn't start that way.

Mostly from what I remember, most gambling sites that went through there didn't end up successful.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: Pierre 2 on September 27, 2022, 06:41:10 AM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

I think main reason that kills online casinos are problems with payment systems. If your customers have technical issues with deposits or withdrawals, you will definitely lose a lot. People want to use their money in quickest way possible. Some casinos don't invest a lot in this section and this makes people cold to use that place in future. Honestly speaking I really dislike casinos which makes me wait days for just thousand dollar withdraw from my account.

This problem has been very common to most of the gambling casinos as they suddenly become tight when it comes to winnings withdrawals when in fact gamblers should be given more convenience withdrawing their own money. The reason why mostly gamblers do not gamble anymore on those casinos who have technical issues on deposits or withdrawals as it only means they are not reputable and they cannot be trusted most particularly if you win such huge amounts.

crwth

copper member

Activity: 2940

Merit: 1280

https://linktr.ee/crwthopia

There are a lot of online gambling crypto websites that have been existing for a long time now, and a lot of members have already mentioned it in their posts. I don’t know what you mean by you don’t see projects that have survived because there is a lot. None of the trusted casinos have been scammed, but there are issues, of course, but they can be resolved for sure. Just look at members signatures. There are a lot.

Lucasgabd

legendary

Activity: 2506

Merit: 1113

There's no need to be upset

Quote from: cryptomaniac_xxx on September 28, 2022, 04:05:54 PM

Quote from: ralle14 on September 28, 2022, 03:44:48 PM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Aside from the several casinos mentioned there's also nitrogensports and they recently changed their brand to nitrobetting.

I've seen successful gambling sites before that decide to stop operations so it could also be their own decision but if there's a main factor that can easily stop a casino it'd be the profits and the financial situation of the casino.

Most likely it will be their financial situation that will really cause them to stop. We have seen a lot of casinos that we thought are really successful because they started here in the community and even have campaigns that have been running for many years. And yet we don't know what is happening from behind and we will suddenly here that they are going to shut down for good and we can only speculate that there is money problem despite them very active here. Others may have just re-brand themselves, but still if there is some scam or reputation issues, if won't solve it by just changing their names.

but running an online casino is an expensive operation?
besides security, paying employees and having some bankroll what are the other huge costs?

yes, re-branding is a thing sometimes
better to keep eyes open not to fall for scams
sticking to the most reliable casinos is probably the safest bet.

lionheart78

legendary

Activity: 2954

Merit: 1153

Quote from: Pierre 2 on September 27, 2022, 06:41:10 AM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

I think main reason that kills online casinos are problems with payment systems. If your customers have technical issues with deposits or withdrawals, you will definitely lose a lot. People want to use their money in quickest way possible. Some casinos don't invest a lot in this section and this makes people cold to use that place in future. Honestly speaking I really dislike casinos which makes me wait days for just thousand dollar withdraw from my account.

Most probably the problem is on the financial side of the casino. If they have the available fund, I believe they can have your withdrawal transaction processed instantly. The thing that delay your withdrawal is the lack of fund on the hot/cold wallet of the casino and is collecting funds on the losses of their player. When they have enough, then that is the time when you got your withdrawal request processed.

Quote from: Lucasgabd on September 28, 2022, 07:54:18 AM

Quote from: Pierre 2 on September 27, 2022, 06:41:10 AM

snipped..

this issue ends up coming to costumer support
if the website is responsive and helps with the issues it'll end up building trust over time and people will think it is reliable.

of course it's challenging when they are scaling exponentially.

I do not think that the is coming from customer support. Customer support are there to process or answer the client's inquiry. The processing of withdrawal is up on the Finance Dep't or technical Dep't and has nothing to do with support staff.

I believe if withdrawal request is delayed, there is problem with their finances and this will make players doubt the platform and eventually leave it and may start of the decline of the casino if not fixed. Many gambling project or online casino shutdown because of fund mismanagement even though their platform is working perfectly fine and had a successful marketing campaign.

cryptomaniac_xxx

hero member

Activity: 1344

Merit: 540

Quote from: ralle14 on September 28, 2022, 03:44:48 PM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Aside from the several casinos mentioned there's also nitrogensports and they recently changed their brand to nitrobetting.

I've seen successful gambling sites before that decide to stop operations so it could also be their own decision but if there's a main factor that can easily stop a casino it'd be the profits and the financial situation of the casino.

Most likely it will be their financial situation that will really cause them to stop. We have seen a lot of casinos that we thought are really successful because they started here in the community and even have campaigns that have been running for many years. And yet we don't know what is happening from behind and we will suddenly here that they are going to shut down for good and we can only speculate that there is money problem despite them very active here. Others may have just re-brand themselves, but still if there is some scam or reputation issues, if won't solve it by just changing their names.

Lanatsa

hero member

Activity: 2968

Merit: 687

Quote from: ralle14 on September 28, 2022, 03:44:48 PM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Aside from the several casinos mentioned there's also nitrogensports and they recently changed their brand to nitrobetting.

I've seen successful gambling sites before that decide to stop operations so it could also be their own decision but if there's a main factor that can easily stop a casino it'd be the profits and the financial situation of the casino.

Most of the time it would be pertaining about revenue on which you cant really make and considering that there are lots of expenses on running off a site then it would really be just normal that you would really be

looking that you should really be making up some money or profits so that you could sustain.Whenever your popularity had decreased and people do play on the site lessens out then you would definitely be

considering on closing up the doors.Surprisingly there are lots of casino gambling sites on this market which are old and able to sustain for long time.

ralle14

legendary

Activity: 3374

Merit: 1922

Shuffle.com

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Aside from the several casinos mentioned there's also nitrogensports and they recently changed their brand to nitrobetting.

I've seen successful gambling sites before that decide to stop operations so it could also be their own decision but if there's a main factor that can easily stop a casino it'd be the profits and the financial situation of the casino.

Vinaa77

sr. member

Activity: 1344

Merit: 311

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

If you use the platform too, and you bet there, of course you will see the level of win you get. For example, if you have $1k in cash, you bet the first stage, then fail. And you add $1k for the second stage, and it fails again. Then you add $1k in the third step, if that doesn't work then the platform isn't worth using, because the platform owner is really making a one-sided system. In another sense, the bookie can't be beat.

So that in this condition in a short time, users will leave the platform which makes the platform owner no longer able to maintain their platform because it is not matched with expenditure. This is what makes them close the platform. Maybe this is not at the stage of a scammer.

jrrsparkles

sr. member

Activity: 2520

Merit: 280

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

There are some casinos are still under operation even near a decade and the competition among the new casinos made the market to be more competitive as well as has to keep finding innovative ideas.

About the tokens launched by casinos mostly they failed and they are not really having any utility since the cryptocurrency like bitcoin is more preferred by players as well as investors.

dezoel

legendary

Activity: 2044

Merit: 1075

Leading Crypto Sports Betting & Casino Platform

IDK if what suddenly got you to this but are you lately been involved in gambling? Because, usually if you are new to it, you will also explore more things which are also related to it and one of it of course are those casino tokens. Crypto gambling is not a utility but it's an industry and they have been here for years. When you say utility that must be the usefulness of a casino token.

There are old projects like betfury's bfg and next would be the tfs token. the recent one would be owl token by owl casino. There's also freebitco's fun tokens but I think this one has a lack of utility among the three. The one that can kill a project is of course lack of interest of the owner and also the heavy competition.

Lucasgabd

legendary

Activity: 2506

Merit: 1113

There's no need to be upset

Quote from: Pierre 2 on September 27, 2022, 06:41:10 AM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

I think main reason that kills online casinos are problems with payment systems. If your customers have technical issues with deposits or withdrawals, you will definitely lose a lot. People want to use their money in quickest way possible. Some casinos don't invest a lot in this section and this makes people cold to use that place in future. Honestly speaking I really dislike casinos which makes me wait days for just thousand dollar withdraw from my account.

this issue ends up coming to costumer support
if the website is responsive and helps with the issues it'll end up building trust over time and people will think it is reliable.

of course it's challenging when they are scaling exponentially.

danherbias07

legendary

Activity: 3318

Merit: 1133

Leading Crypto Sports Betting & Casino Platform

Stake.com, Sportsbet.io. These two sports and casino online site had been in the industry for quite some time.
There are those who had personal problems that's why they closed down. They are not scams just having some trouble dealing with both. i.e. Bitvest, 777, and Yolodice owned by ethan.
I think what you need is a strong team. Trustworthy ones that could deal with large amounts of money and cryptocurrencies because once you open it, there will always be players that will try.
Creating events is also important as it can boost the number of players, especially thru referrals and affiliation links.

Mauser

hero member

Activity: 1974

Merit: 534

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

What do you mean with crypto gambling projects? Are you interested in running your own crypto casinos? A crypto casino is not really different from a normal online, only that it deals mainly in crypto currencies. Do you have prior experience in running gambling companies? If not, you should make a lot of research before getting into it. Over the last 18 month we saw a lot of new casinos entering the online market and many of them failed. It takes a lot of time, resources and money to run a successful casino. The main issue with new casinos is that they are struggling to attract enough customers to remain profitable. A promotion can bring a lot of gamblers to a csfino, but it's difficult to make sure that they stay and gamble regularly.

btc78

full member

Activity: 2520

Merit: 214

Eloncoin.org - Mars, here we come!

Quote from: sunsilk on September 26, 2022, 05:49:18 PM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Convenience is what I think the main reason why gamblers are staying on a casino. And that includes on how easy it is to contact customer support for most problems that a customer may face.

our money needs security so good communication is what we needs here for most of the chances .

I love to see players engaging in good casino than to those who promise bonuses.

Quote

Like having hard times or problems in withdrawals and deposits. That's one of the major problem that most gamblers would like to have an assurance that if a casino promised that it'll be an instant withdrawal, then just do it as what it's said in the promise.

I hate issues in every site that I am playing , even if it is minor or major, i will leave that site once i encounter problems.

Quote

Next is the variety of cryptos being accepted. It's part of being convenient to a casino that has wide range of supported cryptocurrencies because not everyone of us would like to gamble with bitcoin and other top coins because, we're all saving that in the future.

even if it accepts few coins as long as it is available in my wallet? its fine with me but yeah indeed that the more coins is the merrier for crypto gamblers.

naira

hero member

Activity: 1974

Merit: 586

Free Crypto Faucet in Trustdice

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

One casino project falls and another casino project grows even more. And if one of the old projects stands up to now, it proves that the public's trust is so great. Primedice and Freebitco.in as far as I know have quite a long time in the world of online crypto casinos. But is that all you're looking for when the answer is already given? Would you decide to drop the bet after finding out?

Don't be surprised, not a few casino casinos have fallen and become scams, but when you know there is a casino that has been trusted by the public for quite a long time, it becomes a reference for us to be able to trust more where to play.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

If you visit the Gambling section, you will find that some casinos have been around for years and are still doing well today. These casino sites are still casino sites that have a good reputation and have many members who still play there. So crypto casinos have been around for a long time and still exist today.

But indeed, some casino sites don't last long after launch, which can be due to some things. If the casino has a lot of scam cases, people will not want to play there because it means they will lose their money, even if they can get a win.

Darker45

legendary

Activity: 2576

Merit: 1860

I guess it's probably about management and whether there's enough patrons to sustain operations. But, yes, there are crypto casinos that have been in operation for many years, for almost a decade in the case of Primedice, for example.

Today, the competition has been elevated to a whole new level with the influx of new crypto casinos. Crypto gamblers are, of course, limited so crypto casinos are highly competing against each other. It's now a battle of features, perks and privileges, marketing and sponsorships, and so on.

xSkylarx

hero member

Activity: 2366

Merit: 594

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

is there any old project that live this long and still functions?

I've known cloudbet, bitcasino, and primedice since my newbie days way back 2016 and those gambling websites are still operating until now.

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

If you are pertainining on gambling casinos, there are many factors why these platforms shut down. Reputation plays a big role to it. If a gambling website have many bad reviews, users will definitely not play there. If that casino doesn't have enough users in the long run, they are likely to close the website once they don't have enough funds to maintain it..

Topic: About Online casino/gambling projects - page 2. (Read 682 times)