Topic: Fake bets - page 7. (Read 2749 times)

one of the nice things about bitcointalk is that many of the scam websites are exposed here so people can protect themselves as well
some sites also publish they methods and you can verify that their lotto and other games are provably fair

I think something similar, when we see an ad and we see a famous person using a product do we actually think they are using the product they are promoting? No, we know they are being paid for it but in that case the assumption is clear from the beginning as it is an ad, so if those that are giving those reviews are open about the fact they are being paid to give the review or at least say that it is an ad then I have no problems with what they are doing, but if they are hiding this fact and selling it as real then that is without a problem as they are deceiving their audience.

Edit:
This seems to be a pretty controversial subject, so I decided to write this blog post to expand on my thoughts on this:
https://twitter.com/CSGOEmpireV2/status/1375068884584267778

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) Bet amount inflation; The streamer only wants to gamble with $100. The site gives them "$10000" in funds, but only 1% of this is withdrawable. The viewers will think that the streamer is gambling with $10000, while in reality, they're only risking $100.

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.

I brought this topic up in Roobet's Bitcointalk thread, and I was quite surprised to see a lot of people defending them, saying that this is totally justified. They mentioned points such as:
- "This has been going on for years. It's normal in the casino community."
- "The streamers are honest about it. They have a disclaimer somewhere stating that it's fake." (Their explanations usually are very indirect and abstract.)

In my personal opinion, this sort of marketing is highly deceiving and dishonest. Roobet (and other casinos) are inflating their systems with fake bets, pretending to be more popular than they really are. This is a loss for both, legit sites that don't want to inflate their numbers, and legit streamers who don't want to participate in the circus of fake bets and fake reactions.

What do you think?

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For some gamblers but you know that there would be always a noob who do really easily believe into something which they do saw that they could be rich if they do play on that particular site.

This is where common sense is really useful because even you are just noob but having that kind of awareness in mind then you would  really able to save your ass up.

This market had lots of frauds and shady things been done that's why you should be sensible towards your actions.

This is a fairly realistic thought, because indeed we must be aware that casinos also do gambling for profit and indeed their business is in this case that is focused on gambling, and we cannot protest against the rules that apply because it is like you said luck . when you win means you are lucky and when you lose you can't blame the gambling because this is a consequence that must be accepted.

and talking about streamers it's true this is an advertisement and they do promotions in a simulated way, and that means when we do that the results will be the same because from both the casino and the streamer they certainly have certain deals although not all of them are like that.

Many people do not have sufficient skills to independently analyze the advertised object and rely entirely on the reputation of the streamer. Others simply can't refuse to watch content they like. That is why we can still see advertisements of dubious nature on the channels of streamers who have a huge number of subscribers.

I believe there are no deceptive gambling platforms because those gains and losses will always depend on you regardless of what happens in the game, it's a battle of luck, and we must not forget that this is still gambling. As long as the platforms pay, those fake bets by streamers might be nothing more than advertisements, similar to what other influencers or models do to make a product look good.

One of the issues here is that many are quite greedy, seeking to share the same rewards as the streamers. These methods, or should we say advertisements, are only intended to lure consumers; it is still your responsibility to observe and research the gambling platform, and your winnings will be decided by your luck, not theirs.

regardless of whether this action is called cheating or not, I think this goes back to an individual perspective because here especially in this case there are no written rules about something.
and when you look at it from one side to the other this is a strategy they use to attract fans, regardless of whether it's dirty or not, they are sure to succeed.
and here we can't blame the people who work with the casino because they are just workers. what needs to be emphasized is why you are interested because it is clear that such a thing must have been arranged.

Yes I agree with you, gambling on the most reputed casinos is the better protection against scams IMHO but gambling on provably fair games is also a good solution to prevent scams from rigged games even if it doesn't protect against exit scams.

That's right mate, gambling is not bad, the people behind it who are running casinos are. They try to lure new gamblers and make them addict by giving away various bonuses to them, then when those players start enjoying, they start the rigging game which takes every drop of money out of the pockets of the gamblers and puts it in the treasuries of casino. This isn't about any specific casino, but some of them are really shady. Playing on some reputed ones can help gamblers not to get stuck in a situation as above.

No I don't think this market is full of frauds and shady things, at least not more than into other markets from the crypto world anyway. But it's always more reliable to use old and big platforms because they are less likely to scam people than the smaller ones.

The new websites need to bring the gambling addicts to their platforms and the best way is to promote the service on the Twitch channels. Sponsored money is not real money and usually, streamers can only withdraw a small percentage of the winnings, so it is not ethical to show fake max wins to gamblers and expectation they will choose your casino. Many gamblers are aware of the situation after countless discussions and this becomes annoying tbh.

there are many gambling sites here and indeed our knowledge is needed so that we can choose a good site that is safe and good. that is why a gambler needs good experience and knowledge so as not to be deceived by sites that make losses or sites that are fraudulent. it will harm us especially for people who are not too familiar with the world of gambling. there are many sites that offer to win easily and quickly in gambling, of course it attracts the attention of gamblers especially for people who have just joined. so we have to be more careful in choosing it.