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I'm curious to hear what the Bitcointalk community thinks about this topic;
Casinos using fake bets to attract new players.
I was surprised to learn that the vast majority of videos and streams on Roobet.com are actually fake.
Here are a couple of examples of different deal formats that casinos are making with the influencers:
A).. ..
B) Infinite refills; The casino makes an agreement with the streamer. Let's say they want to pay the streamer $50,000 for a sponsorship contract. They start giving the streamer endless $1000 refills, which the streamer is supposed to gamble with. They will repeat this process until they "win" $50,000. The streamer will pretend to be shocked and highlight this big win in all of their social media channels. However, the truth is that there were zero risks involved for the streamer, and the final outcome was already known -- It was just a matter of time.
What do you think?
Stopped at B and I think it's the most interesting one for me so far .
I see number problems with such method of marketing. I will just list two in summary:
1. the casino probably trying to send a message to customers that they have to keep betting in order to be lucky. But this doesn't guarantee winning to a bettor, who is gambling in this case (depending on financial status of the bettor) before he goes into financial ruin
2. The streamer did not take any financial risk whereas he/she is encouraging viewers to take big risk (gamble) to be able to win, and there is no guarantee the viewers will win if they take such risk the streamer is encouraging them to take.
Both likely qualify as marketing deception or scam.