Topic: ⭐ BTCGOSU ⭐ Your Trusted Guide to the Best Bitcoin Casinos ⭐ - page 32. (Read 26986 times)

Aside from the little trickery that was going on last May-August 2020, what kind of shady stuff did they do to land in there?

---

Also, before I forget:


Might want to add "except for triples" at the end of this text (Small and Big areas do not apply to triples).

We have terminated our business relationship with BetFury - for the time being, the BetFury review will still be live with the links pointing to a different casino. We have of course placed a box on the respective review page stating our termination.

The casino was not ready to come to an agreement with us and we will not send our players to a site, which makes hundreds thousands of USD in profits with us receiving shit. This is bad business practice, shady and in the end, not a surprise no big websites are promoting such crypto casinos but instead focus on all the FIAT ones that also take one or another crypto for deposits.

On a different note - Betnomi was added to our blacklist.

I don't wish to interrupt the discussion I started, unintentionally... in the end, I am just a gambler! I didn't know that the referral system in crypto casinos sucks, to be honest, and looking at some facts and numbers presented above I can only say it sucks big time!


Well, maybe that works for in-house games... for playing slots only (and sports bets, at least one or two with BFG) I didn't move from the same wager for days... and I gambled my man, believe in that, just $1 bets and over... in GameArt tournament I am in first 100 for now! Many big wins and losses in the past few days, but more wins definitely... I sold 25k BFG and transferred them to BC.Games:



Got another bonus.... who will clear that 2k bonus money!?

PS: And definitely a good start:

Hey GOSUS,

a lot of action these days and since we do not have a TG channel anymore, I thought I would post the most important GOSU promos that you should not miss:

GOSU Rocketpot $1000 Giveaway: https://www.btcgosu.com/blog/news/gosu-rocketpot-1000-giveaway/ - register through our links, deposit at least $10 and receive $25 for free

GOSU Stake 7 USD No Deposit Bonus & 10% Rakeback: https://www.btcgosu.com/blog/news/stake-free-7-bitcoin-no-deposit-bonus-for-btcgosu-users/ - sign up through GOSU and receive free crypto as well as 10% instant rakeback

And many more... check out our blog to learn about all the cool promotions, with Christmas around the corner, we can be sure that a lot of casinos are going to launch some extra nice promos: https://www.btcgosu.com/blog/

---

Coming (VERY) Soon!

We would like to do another GOSU event shortly and would like to hear your thoughts - would you prefer a dice roll hunt or a slots competition? You know we have done it all in the past!

Have a great week GOSUS!

Fair point. We do our best to promote both but of course the site being in (huge) profit isn't always the case (we're not a full-blown casino like Stake so we have to tread carefully) unless you're directly monitoring the cashflow; i.e. being the (co) founder or the accountant. As I'm neither one, I am unable to answer your question on that.

About the bonus, ours is non-sticky. Basically you are free to withdraw your winnings from your initial deposit, while we have a separate BONUS deposit that must be wagered 40x its value before it could be withdrawn. However, we also throw in 10 free spins for 5 different games as well so basically a two-for-one package.


Yikes, those values should be 92 - 99.65% RTP, not the other way round. Thanks for pointing it out!

Thank you very much for clarifying @csmiami

Guys, player rewards/promotions have nothing to do with affiliate partnerships. If I send your casino players who deposit freaking $600k, the absolute bottom, worst thinkable commission I MUST receive is 10% of those deposits, which means $60k This is compared with the absolute worst deals in regular gambling affiliation. Now guess what, when I send a crypto casino, say BetFury, players who deposit 11 BTC, I must earn an absolute minimum of 1.1 BTC. The industry average goes more towards 25% by the way, so that would make it some 3 BTC commission - with the casino still making shit tons of money for super targeted traffic. When a serious casino operation is not ready to pay even that, something is off and suspicious - again, we are talking about industry standards. Such pathetic earnings would even be considered rogue when shared @ industry related boards.

You know what they say in online marketing space? An operator who treats his partners bad, will sooner or later also treat his clients bad and this has been proven right countless times in the past. For that reason - and because BTCGOSU cannot be a charity, just like the casinos arent charity either, anything but that obviously - I will deactivate numerous crypto casinos that treat their affiliates like shit/are unprofessional in that regard etc.

Common sense in the end of the day: Imagine, is there any better marketing model from a casino operator perspective? You are only paying for actual traffic and only when that traffic actually spends money on your site. Now tell me, if I told you "Hey, I can send you people who are going to deposit 600k USD, how much would you give me for them?" Lets be serious guys, it would be much much more than 6k for anyone in his right mind.

Nb. All of that does not mean I was "fooled" or anything, the aff model has been as bad ever since - this is not about that, it is about this whole mess in general.

Nb 2. With all that said, remember people, gamble responsibly!

But player promotions and affiliate deals/partnerships are 2 different totally unrelated things, and should be treated as such. Casinos are already making enough money so as not to skim a few bucks out of the people generating real traffic towards them. Restricting no deposit bonuses is usually "bad" for a certain type of players, but the focus should not really be on those few players that have no intention of playing.

---

---

Btw, that's an astronomically high HE you've got there; and a few other things I hope are a typo on the site you've linked. I'll go attach an example:


If you have an RTP of 0.35-8%; that means that the HE is actually 99.65-92% !!

Everything is tied to the expected value. If you were given x50 for 100 scrolls 4 times, then you will rarely see x50. In any case, it will not come out stably every 50 times at least once x50.
You can make 5 circles and you will see only 1 time x50, but with a long distance you will be the actual House Edge anyway.

Wheel games usually have higher house edge due to their risks and payouts. There were times those 50x payouts happen several times within the last 100 rounds.

In BetFury, the most highest House Edge is even higher than CSGO500, namely - Circle: 3.7% - 7.41%, depends on a bet.

You see, not too long ago, we decided to do away with our daily free spins. It was a boon for many players since they could always stick around and claim, wager and (sometimes) make bank with them and cashout. From a player's perspective, that's very good because the site is generous.

However, that came at the cost. They were primarily playing with house money and hence, hardly saw the needs to deposit their own funds. After all, their loss did not really affect them. And just to inform you, the site I speak of used to give out 5 figures in USD worth of trains (think of rains) every single month, and that excluded the vouchers the social media channels dish out from time to time. Naturally in a casino business, the main point is to retain loyal customers with attractive perks. By giving away too much freebies, the limitations arise when HRs (high rollers) come into the picture because we have to offer something to keep them entertained.

So by reworking the dailies, we skewed the rewards more towards the active bettors and VIPs with higher rakeback, cashback and XP rewards, along with the said affiliate percentage cuts instead of distributing them towards the farmers (or bots). And I believe the team has long considered before coming out with the numbers.

Speaking of house edge, the % is up to ~7.4 for our in-house games, and for our casino's, 8.

https://help.500.casino/kb/game-modes/what-is-the-house-edge-on-csgo500

BetFury has the largest House Games Edge of any nearby crypto casino. I already wrote once in the Betfury thread that in Limbo, when I tried to catch x999, I needed about 10k spins.

Below is the House Games Edge: Coinflip: 3% - Hilo: 4% - Crash: 4% - Keno: 4% - Stairs: 4% - Limbo: 3% - Mines: 4%

And by the way, after my post and contacting the live chat, Limbo made 3% instead of 4%. As explained in the support, such a high House Edge is associated with BFG token mining.
Even 0.1% is solved at House Games, but few people look at the subtleties of mathematics when playing games.

It's like on their last birthday there was a promotion with a wheel, where your chances of winning at least 1000 BFG were equal to 1 in 10k on tickets, and to get 1 ticket you had to bet 100 dollars. I highly do not recommend playing in casinos with such House Edge and similar promotions, this is very high -EV.

But the problem here is not betfury (per se), but the startegy crypto casinos have decided to follow in order to reduce the affiliate payments. It's not about casino A or B attracting low value traffic, but about the way the comissions are generated. Even in the casino you've talked about; a 30% of the house edge is close to being a joke.

Suppose the HE is 1%, a typical % for in house games.

Player A deposits 10k USD, makes a few bets and gets lucky; let's suppose he manages to bet 200k out of those initial 10k. That's 20 times the deposit. On that 30% of the 1% HE, the comission would be an amazing 600$; which is not bad (depends, really), but is astronomically far away from a close to 5k comission a "normal" revenue share structure would generate the affiliate. Even if the house edge increased, it's just too low in comparison to the other model

I wouldn't say that all casinos are "stingy". Some out there are generous and with proper finance management, by doing away the abusable mechanics for instance, they could focus more on retaining loyal players rather than trying to maintain low-value traffic.

By the way, I hope that you won't treat this as an advertisement, but the one I'm associated with (500 Casino) gives out 30% of the house edge for the affiliate program. You wanna give it a try? Our team is ready to work with interested parties, and we mean business should you decide to reach out to us.

Since you're a household brand over here, both of ours could benefit from some collaboration.



After seeing efialtis' post, I have decided to stop promoting BetFury on my website. The BFG tokens are good but they attract loads of farmers which kinda spoils the whole referral thing as they tend to only bet with whatever measly balance they have.

And one thing I realized, they never returned the BNBs and XRPs I wagered in cashback, except for USDT. Wtf

Indeed, you know we've talked long about this, and there's sites even worse than what betfury offers... thankfully some of those sites are still open for conversation regarding this.

PS: do you check your email from time to time? thought it'd be faster to reach you there than telegram

Correct and one could elaborate further - the whole wager based rewarding structure is flawed, too... A player deposits 10k, loses it in one bet and gets shit. Another one who deposits 50 bucks, gets lucky and wagers a lot only to eventually lose as well, he will get the better reward... sense?

Yup, having a comission based on the % of a % is... laughing out of the people sending traffic. It could work if you only refered a few friends and considered this as a little extra plus; but having seeing the numbers... even betfury, with their high house edge of 2% are giving 0.3% of only the winning bets. Rest of the sites are no better tbh, except for some very few exceptions

Yeah, BetFury`s program is super bad but most pure crypto casinos with wager based commission deals suck big time - imagine running a business, you have people advertising you at no cost and you reward these people who send you players who deposit dozens of thousands like that - no-brainer I guess, let`s launch a casino! Needless to say, the casinos that work based on industry standard have got to be stupid to share up to 50% of their revenue with the advertiser, or maybe they are smart? I think they are.

Actually, this is a topic that I could probably cover in my affiliate related thread, even though some crypto casinos may not be happy about it.

I have to agree the commission rate is kinda sucky. I had one that wagered close to half a BTC and all I got was like close to 0.2% of its total value...

Hey iv4n,
Playing with your BFG tokens does count in levelling up! The only sad thing is that you don't mine any extra BFG when playing with BFG tokens. That's why I always use USDT to play on Betfury.

@efialtis, when there is something free, there will always be people that will abuse it. And I am afraid it is difficult to get rid of all the abusers...