Topic: Can We Consider This Casino An Industry Giant In Marketing Here In Bitcointalk - page 2. (Read 439 times)
November 30, 2022, 06:23:44 PM
I think not yet, but they will soon become, the fact that they are adding more posters and adding more budget that can easily tell us that they are doing good in their business and Bitcointalk contributed a lot to its popularity and reputation, it is a win-win situation for members here, for Bitcointalk and Duelbits, and its also the holiday season, and Duelbits is one step ahead on the promotion they know its the time of year where gamblers will gambler more and many new players will come in and look for a casino to start their venture in gaming
November 30, 2022, 03:25:11 PM
They have the budget and probably the results are in the way they expected so they are just increasing the budget and will see how is it doing so that's how we should see. Casinos are one of the all time profit making industry so this isn't that big amount despite of seeing their potential market value, we can see it may be earned by the casino in few hours with just the withdrawal fee itself not from the betting amount.
November 30, 2022, 03:20:25 PM
They make tons of money and every single penny they spend on marketing is on a budget that's not really going to hit them bad. But if they're spending that much per week or per month then it only means they have faith to the marketing style as it works for them.
Just like any other casino or brand that's not on the forum but spends a lot of money on advertising on social media or into the banners that we mostly see through google ads.
Just like any other casino or brand that's not on the forum but spends a lot of money on advertising on social media or into the banners that we mostly see through google ads.
November 30, 2022, 12:55:03 PM
I was not talking about individuals but sportsbook and casinos.
You misunderstood me, I was referring to the OP and the reason he opened this topic, for him personally that amount is a lot of money. We have to understand that because some of the members of this forum come from countries where such an amount is a small fortune. Thanks to bitcoin LOL
November 30, 2022, 08:52:44 AM
I don't think Duelbits is the "most profitable casino in the industry." Even so, it doesn't mean they cannot afford to spend $7,230 for their marketing here. It's a casino, after all. It's a money-making machine. But even if its profit is smaller than that, which is highly unlikely, it's still an amount worth spending. It's marketing. They need to invest in it if they want their brand to be known.
But really, $7,230 is a small amount. Compared with Stake, for example, that has a partnership with the UFC, a football club, Drake, and others. They're worth millions.
But really, $7,230 is a small amount. Compared with Stake, for example, that has a partnership with the UFC, a football club, Drake, and others. They're worth millions.
November 30, 2022, 07:57:33 AM
All casinos are trying to keep thier campaign running in bitcointalk even the scam 1xbit despite the despise on them. Duelbit can keep running the marketing for as long as they could but the competitors like Stake and Sportsbet are also running it forever.
Bitcointalk is just one of the busiest forums not just for Bitcoin users but for gamblers. I think Rollbit is also racing this track. As long as the forum allows advertising, a lot of users are going to keep wearing the signatures.
November 30, 2022, 07:40:26 AM
It is impossible to continue with this number of participants for a long time. From round one to ~100, the numbers of participants were 12, 15, 25, 25, but with the World Cup, the profits are great, and therefore the spending will increase. I doubt that they will continue with these numbers until the end of the year.
The amounts are small. the cost of official advertisements is millions of dollars on our Local TV or city while the cost here is 360k per year in bitcointalk, which seems not expensive if we take into account that the number of users will decrease.
The amounts are small. the cost of official advertisements is millions of dollars on our Local TV or city while the cost here is 360k per year in bitcointalk, which seems not expensive if we take into account that the number of users will decrease.
November 30, 2022, 05:50:49 AM
I was not talking about individuals but sportsbook and casinos.
You misunderstood me, I was referring to the OP and the reason he opened this topic, for him personally that amount is a lot of money. We have to understand that because some of the members of this forum come from countries where such an amount is a small fortune.
November 30, 2022, 05:06:35 AM
How can Duelbits come out with a huge budget only here in Bitcointalk that other casinos cannot when Duelbits started operation on February 2020 can we also consider them the most profitable casino in the industry?
Why do you think that other casinos can't set aside such a budget for marketing on the BitcoinTalk.org forum? We have dozens of signature campaigns on the forum, paying thousands of dollars a week, that have been running for years continuously, and we currently don't know how long Duelbits casino intends to run this campaign.
Every business, including casino platforms, have their own marketing strategy they believe will bring them the best results. Some casino platforms prefer to spend money on affiliate marketing, while others focus on social media campaigns. However, sometimes the best methods are not always the most expensive ones.
November 30, 2022, 02:12:20 AM
I still think that Stake.com is the biggest investor when it comes to marketing here in this forum and outside of it, they have major sponsors on so many sporting events and they have celebrities as ambassadors something that other casinos including Duelbits don't have they can choose as many participants as they want but they prefer to settle for Hero and Legendary members, I think Stake.com can break the record as the longest campaign here because they are on top in the industry and they know the value of branding.
November 30, 2022, 01:34:18 AM
If you're talking about the number participants, of course it's huge since they're want to hire 112 participants. But if you're talking about the payout, surely Duelbits isn't really a giant since there's few other casino can pay higher than that. Don't forget casino is make a lot money from people who're keep losing, withdrawal fee, abandon account, gambler who break the rules and internal exchange fee. $7K isn't a big money for them, their daily profit might bigger than that.
November 29, 2022, 11:28:00 AM
$7230
Obviously I don't know Duelbits' financials(and how big/small the platform is), but gambling platforms in general makes a good amount of money; so I'm going to assume $7k is probably just spare change.
November 29, 2022, 11:13:47 AM
It's peanut for Casino and sportsbook. A large casino should have millions of dollars of bankrolls.
For some, $7000 is obviously a lot of money, so some are surprised that certain companies spend so much on advertising on this forum. Personally, I wouldn't be surprised if I found out that their direct income from advertising on this forum exceeds their investment many times over - because only one passionate player with a slightly bigger wallet is enough to pay for the campaign for the whole week, or maybe even for the whole month.
I think with bitcointalk for some of them it's a cheaper advertising option. When casinos sponsor an international club or event, they spend millions.
November 29, 2022, 10:54:25 AM
It's peanut for Casino and sportsbook. A large casino should have millions of dollars of bankrolls.
For some, $7000 is obviously a lot of money, so some are surprised that certain companies spend so much on advertising on this forum. Personally, I wouldn't be surprised if I found out that their direct income from advertising on this forum exceeds their investment many times over - because only one passionate player with a slightly bigger wallet is enough to pay for the campaign for the whole week, or maybe even for the whole month.
As long as there is interest in advertising, we should not doubt that it is profitable for all those who do it, and this means that there is a significant number of active members and guests who regularly browse the forum.
November 29, 2022, 10:15:26 AM
$7230
It's peanut for Casino and sportsbook. A large casino should have millions of dollars of bankrolls. Stake spends over $6k per week. It's not just the gambling companies but other services are doing the same.If I am not wrong then Chipmixer is spending over $15k per week. Best change is also spending over $4k per week. Of course the conversion from the community worth a value for these companies. Mainly they want to see their name all over.
it is very difficult to draw a conclusion as to who is the most profitable because they do not share such data at all.
A small casino which is not spending much in advertising may have higher profit margin than a bigger one. It's obviously relative to businesses. 
November 29, 2022, 09:38:33 AM
How can Duelbits come out with a huge budget only here in Bitcointalk that other casinos cannot when Duelbits started operation on February 2020 can we also consider them the most profitable casino in the industry?
I'm not sure what's confusing you here, but for a long time the trend is that gambling and porn are the most profitable businesses on the Internet (probably also offline). if you think that $7230 is huge, how much do you think ads cost in premier league matches (i think I saw their banner there)?
For example, Sportsbet and Stake have been sponsors of some PL clubs for years, and I believe that it is a question of million-dollar contracts. Also, you can find that Rollbit has in their hot ETH wallet more than $1.2 million at the moment reference. it's just one of their addresses.
it is very difficult to draw a conclusion as to who is the most profitable because they do not share such data at all.
November 29, 2022, 08:20:01 AM
I can consider them considering that they spend that huge amount of money on advertising, both Stake and Duelbits are proof that it's worth marketing here in Bitcointalk, and we call this branding, Duelbits and Stake could have stopped after 3 to 5 months like what other casinos have done and done but they opted to brand themselves here in Bitcointalk because branding is important and gamblers are attracted and considered these casinos who spend money as a long term casino that you can rely on to protect their reputation by being fair.
There are other casinos that are running for a long time already and they too believe that a signature campaign is a good way to advertise and brand your platform.
There are other casinos that are running for a long time already and they too believe that a signature campaign is a good way to advertise and brand your platform.
November 29, 2022, 08:09:07 AM
I just saw this announcement from sir Hhampuz
We have 2x Full Member + 18x Hero Member + 20x Legendary Member positions open, apply now!
We are increasing the capacity for this campaign but it is not certain for how long....
That being said, we might just keep it at the larger capacity too.
The campaign has been running for 113 weeks for a casino to run this long and allocating a very huge budget and inviting over 112 although the lineup is not yet completed do you think Duelbits can be considered an industry giant in terms of marketing here in Bitcointalk I know that Stake also has a huge budget and can be considered its closest rival here in Bitcointalk but Duelbits is maximizing their capacity by including senior and Full Member
If the lineup is completed
12 Full Members x 40 = $480
15 Snr Members x 55 = $825
45 Hero Members x 65 = $2925
40 Legendary x 75 = $3000
$7230
How can Duelbits come out with a huge budget only here in Bitcointalk that other casinos cannot when Duelbits started operation on February 2020 can we also consider them the most profitable casino in the industry?
We have 2x Full Member + 18x Hero Member + 20x Legendary Member positions open, apply now!
We are increasing the capacity for this campaign but it is not certain for how long....
That being said, we might just keep it at the larger capacity too.
The campaign has been running for 113 weeks for a casino to run this long and allocating a very huge budget and inviting over 112 although the lineup is not yet completed do you think Duelbits can be considered an industry giant in terms of marketing here in Bitcointalk I know that Stake also has a huge budget and can be considered its closest rival here in Bitcointalk but Duelbits is maximizing their capacity by including senior and Full Member
If the lineup is completed
12 Full Members x 40 = $480
15 Snr Members x 55 = $825
45 Hero Members x 65 = $2925
40 Legendary x 75 = $3000
$7230
How can Duelbits come out with a huge budget only here in Bitcointalk that other casinos cannot when Duelbits started operation on February 2020 can we also consider them the most profitable casino in the industry?
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