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Topic: Gamblers what do you think - page 2. (Read 920 times)

sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
November 01, 2024, 12:58:24 PM
#73
For me, the user experience is most important think that makes them stand out among others. They should be able to handle the high rollers and big withdrawals with no issues and there are few casinos which were popular in the past failed to do it so and now they just faded away completely so again satisfying the customer is the most important think than the earning from the perks which should be additional not the primary thing.

You are right there, usually there is a problem with the withdrawal issues of a player when the others are about to take out their winnings from playing either in slots games, sporst bet they got it. Where the usually common happens is that they are asked for kyc to verify if they are real people.

And there are also other casinos that take advantage of other gambling winners, which often happens in new casinos here in the crypto space. Especially in new casinos that say there is no kyc then in the end they will ask for kyc when they withdraw their winnings from gambling at the casino.
full member
Activity: 756
Merit: 217
November 01, 2024, 11:27:48 AM
#72
Guys, is these following utilities enough to make a online casino stands out among the others?

1. Buyback of their tokens.
2. Revenue shares.
3. And stakings.

Casinos with tokens don't guarantee their success or make them stand out. I have been into three casinos that were backed by tokens, and they are all gone now. BFG cannot be considered as more edge over the casinos even though their token is doing great in the market.
Its all about promotion, proper marketing and, of course, establishing your reputation in the industry, some gamblers don't even look on tokens they just want the gambling features and reputation of the casino.

exactly, what gamblers concentrate on in a casino is the features of the casinos, because is not all the casino that have same features, even a token in a particular casino is not that important to the sight of gamblers, what they needs is something unique from other casino, and that will get them interested if your casino have a particular casino a  particular  game that others  casino  doesn't
have, everyone casino knows what's their target and they know what they want market in market, that's why you see different casino having different features
full member
Activity: 308
Merit: 180
November 01, 2024, 11:04:10 AM
#71
I never think about casino tokens because most investors will not consider casino tokens as a serious investment or asset to hold on a long term basis. We should understand that the price of crypto currency fluctuates so after winning a bet you cannot sell your tokens when the price may decrease. Any gambling should offer stable currency services to bet so that your bet amount does not decrease. But there are many top casinos that have their own tokens. But not all sites will think so because there will be huge development costs. A gambling or casino owner only cares about making money so they don't blow money for free.
That's the issue with casino tokens. Because if that casino is not big, it means the probability of the token having value will be low. I mean, after gamblers spend their money to buy these tokens or use them to gamble or gamble to win tokens, they win a token that they can't convert to a reasonable amount of money. That won't make the casino stand out; instead, it might discourage gamblers from coming there.

I think casinos should stick to their pattern where you gamble, win your money, and get your fair share of rewards. Unless they really have investments and build a standard system, and their casino's tokens now have value. If it doesn't have value, there's no need to introduce it. They might have it as a feature while they keep building on it and working on it until people can see that this token has value, and everybody can see the price of the token.

They could also have an option where you can use the token or money. So, they shouldn't just make it only about tokens. I think that will make the casino stand out - having their token and having the option to use their token or just go betting the normal way for the startup period, while they build their token trust with gamblers.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
November 01, 2024, 10:30:37 AM
#70
For me, the user experience is most important think that makes them stand out among others. They should be able to handle the high rollers and big withdrawals with no issues and there are few casinos which were popular in the past failed to do it so and now they just faded away completely so again satisfying the customer is the most important think than the earning from the perks which should be additional not the primary thing.
hero member
Activity: 826
Merit: 583
November 01, 2024, 09:51:31 AM
#69
To be honest, it's best for most of the casinos to focus with their operations and games than to have another feature that they'll have to manage as well which is their tokenomics. That divides their asset and focus and resources instead of taking entirely their whole gambling operations.

But with this era, everything changes and people's interest are also going wherever the trend is. So, there is no way to stop the casinos that offers also tokens or any type of shares. It also gives opportunity to those that trusts and believes them as a business.

There's no problem with that but I think they'll be more effective if it's only providing the best gaming experience without intervention of tokenomics and what not.

I agree with you. In fact, casinos that also offer benefits like Op get their users. This means that some gamblers want to get such benefits, not just focus on the game.
We can even see that casinos are currently developing staking features on their platforms. I'm not sure about the interest of gamblers with such features, but some gamblers may take advantage of it.
I prefer casinos that focus on developing their games, regardless of whether they own their own tokens or not, in fact, not many casino tokens are successfully traded at a good value on the market.
hero member
Activity: 1540
Merit: 606
Bitcoin makes the world go 🔃
November 01, 2024, 09:44:39 AM
#68
To be honest, it's best for most of the casinos to focus with their operations and games than to have another feature that they'll have to manage as well which is their tokenomics. That divides their asset and focus and resources instead of taking entirely their whole gambling operations.

There’s nothing much work done on having utility token in the casino since they only need to mint a token through a smart contract and add the token to the casino wallet to make it available to all the users.

The rest of the work is still about casino operations and so on since utility tokens value is just based on the speculation to the casino. Staking, bonuses and so on are just simple feature which doesn’t require much attention in terms of development.

Actually, casino is at advantage having token as utility since they can use it for casino bonus rewards and other promotions without the need to use casino funds itself.
hero member
Activity: 980
Merit: 585
Leading Crypto Sports Betting & Casino Platform
November 01, 2024, 09:40:35 AM
#67

Apart from the part that they offer same casino games that we are all used to, this casino project has its own token and it is availbe on the solana blockchain, we all know that on the web2 type of betting platforms you gamble and lose or win, but on web3 like you can get the share of the revenue, what do you guys think? Also isn't this a part of the reason why RoLLBit seem cool?

It's not a big deal as it should seem and thinking having all of these features would make it stand out is what I take as not confidential cause all of this are involved in the casino but all of this boils down to the fact that the casinos are taking every slightest chances to promote the casino so it'll be visible to users , so there nothing special about standing out among others cause  token or not be rest assured that you're up for win or losses so I don't think there's any room for revenue shares and all that.
hero member
Activity: 3038
Merit: 634
November 01, 2024, 09:20:41 AM
#66
To be honest, it's best for most of the casinos to focus with their operations and games than to have another feature that they'll have to manage as well which is their tokenomics. That divides their asset and focus and resources instead of taking entirely their whole gambling operations.

But with this era, everything changes and people's interest are also going wherever the trend is. So, there is no way to stop the casinos that offers also tokens or any type of shares. It also gives opportunity to those that trusts and believes them as a business.

There's no problem with that but I think they'll be more effective if it's only providing the best gaming experience without intervention of tokenomics and what not.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
November 01, 2024, 08:34:21 AM
#65
I never think about casino tokens because most investors will not consider casino tokens as a serious investment or asset to hold on a long term basis.

And this is how all the money is lost , for me there is no Other way this is Simply one of the Most incorrect things that are done , a token or any amount of tokens that are bought must be Exchanged when the first profit is made without Hesitation , those who do hodl is Only Making the most Speculators in the Market or the most cunning Win , the Casino would have to Put a Huge liquidity to Avoid having a token dumped and I don't Know anyone who gives away money that way , so when they try to Control it the best Investors leave and the Value of the token will never Grow.
hero member
Activity: 994
Merit: 658
October 31, 2024, 01:20:38 PM
#64
These advantages are really quite good, but the OP named a cryptocasino, but the thing is that it is not the only one on our forum that has similar functionality. If other casinos see how competitors make various kinds of benefits, they understand that those who do not do this will be left behind. Therefore, they will steal ideas from each other if they consider it necessary. The fact that others have not done this yet is a matter of time or a decision that this is not a critical thing at the moment. In any case, there are many players who do not think about such things and just want to play without thinking about anything.
full member
Activity: 896
Merit: 117
PredX - AI-Powered Prediction Market
October 31, 2024, 01:02:29 PM
#63
It seems that there are only a few gambling companies that have their own tokens besides Rollbit; there is still BFG or Betfury, so I don't see it as having the potential to lift the market a lot.

But it seems that the Ath of this seems to be almost close to 1$ each; that's why I don't see any reason for it to happen, although it's also okay to gamble hung betfury sometimes.
sr. member
Activity: 798
Merit: 250
20BET - Premium Casino & Sportsbook
October 27, 2024, 05:04:30 AM
#62
I never think about casino tokens because most investors will not consider casino tokens as a serious investment or asset to hold on a long term basis. We should understand that the price of crypto currency fluctuates so after winning a bet you cannot sell your tokens when the price may decrease. Any gambling should offer stable currency services to bet so that your bet amount does not decrease. But there are many top casinos that have their own tokens. But not all sites will think so because there will be huge development costs. A gambling or casino owner only cares about making money so they don't blow money for free.
sr. member
Activity: 546
Merit: 265
October 27, 2024, 04:51:18 AM
#61
Apart from the part that they offer same casino games that we are all used to, this casino project has its own token and it is availbe on the solana blockchain, we all know that on the web2 type of betting platforms you gamble and lose or win, but on web3 like you can get the share of the revenue, what do you guys think? Also isn't this a part of the reason why RoLLBit seem cool?
ROLLBIT is not the only Crypto casino but it is outrageous of its uniqueness from others due to its significant features of conveniences for players and of their cooperative funding initiatives.

This outbursts its potential chances not just to attract bettors but also crypto Investors and trading enthusiasts.
RollBit is bided in an ecosystem which its traditional token staked on its lottery has an transparent feature interface.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
October 27, 2024, 04:06:40 AM
#60
The only they dont offer anymore is the real investing.

They try to do away with phrases like staking/token buyback and so on. You think that you are investing on the casino but in reality you are going to the loss. Hence they bring in the buzz because the market picks it up and the news blows up bringing in the views but are they actually useful? I dont know I am more in the "nay" side of things.

But if they actually offered investing, I would be the among the first few to contribute.
sr. member
Activity: 728
Merit: 388
DGbet.fun - Crypto Sportsbook
October 27, 2024, 03:14:11 AM
#59
Rollbit web3 is not a casino it is a centralized platform
Do not confuse yourself, Rollbit is not Web3. Or if I am wrong, get a link that I can connect to Rollbit in a way that I can connect to my noncustodial wallet to fund my account. That is what Web3 is.  But you are right that they are centralized. All Web3 casinos that I have known are also centralized.

I can't say that rollbit is web 3 also but there are few facts that makes a platform or service web 3, like architecture, ownership and user experience. Rollbit isn't decentralised I guess, and decentralisation is part of web3, you can't rub off giving users control over their data and assets. Web 3 casinos offers more immersive experience with decentralised way of betting, tokenization and community driven decisions making.

Web3 casinos provides more secure and transparent experience with the potential for increased adoption and loyalty.
Web2 casinos established infrastructure and user base with a focus on convenience and familiarity. I think this is the way things should be, but online casinos this days just operates anyhow, and it seems that decentralised gambling is impossible, since many are forced to ask for KYC details from gamblers.
sr. member
Activity: 728
Merit: 388
DGbet.fun - Crypto Sportsbook
October 27, 2024, 02:00:26 AM
#58
Apart from the part that they offer same casino games that we are all used to, this casino project has its own token and it is availbe on the solana blockchain, we all know that on the web2 type of betting platforms you gamble and lose or win, but on web3 like you can get the share of the revenue, what do you guys think? Also isn't this a part of the reason why RoLLBit seem cool?
Rollbit is not Web3 but web2, but it has a coin. What do you mean by we all know that on the web2 type of betting platforms you gamble and lose or win, but on web3 like you can get the share of the revenue? There is nothing different between web2 and Web3 casinos than the way they make deposits and withdrawals. Many Web3 casinos are also web2 because they support deposits and withdrawals just like those web2 but also support web3 by connecting with wallet. Some also support deposit through cards.

You are right, there isn't much difference between the two, but it is a free world to believe in whatever I want, web3 casinos operate on decentralised platform and web 2 casinos rely on centralised servers controlled by corporations, as you can see, the difference is still there.

Decentralisation in web3 gives users the control over their data, equals to more transparency and inclusive digital haven.

Also web2 casinos rely on traditional payment gateways, but web3 casinos employs blockchain tech, you can't see thr authenticity of true ownership from web2 it seems, but very possible in web3 casinos.

The only problem I have is where the hell are the true decentralised casinos, one minute they pretend to be and the other they aren't anymore.
legendary
Activity: 3276
Merit: 2442
October 27, 2024, 01:34:09 AM
#57
I like it when a casino or bookmaker has its own token, it is always very interesting. In my opinion, having your own token significantly expands the marketing capabilities of the gaming platform. After all, it is actually an additional tool for attracting users. Perhaps someone was not familiar with the gaming platform, but simply traded the token. In the process of trading, many users may become interested in the gaming part of the brand. They can go to the gaming platform as curious people and explore the games on the platform, satisfying their curiosity.

How do you find that interesting actually? I haven’t seen a casino token before that hasn’t scammed its holders yet. It is always a dumpfest from start to finish and whoever is stupid enough to hodl them wurthless tokens gets the boot. Casinos should adopt cheap and wellknown alts like doge and ltc if they want to attract pepple who demand low transaction fees. Freebitco.in adopted FUN token and it again ended badly because that token was completely crap to begin with.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
October 27, 2024, 12:38:37 AM
#56
Yeah, I understand this but at the same this  is a way to bind  your  hands and feet. Bounded money (even for the small period) is the last thing I would  want to see when visiting casinos.

 Dropped in, took some games,  withdrew (or   cashed at casino's cage when inside the land based gambling spot), got out (with no money bind inside). This is my gambling credo.
Yes, you are right because when people invests in the casinos by buying the token and staking in that casino, they can not leaves the casino and only waiting until they gets the rewards. But they don't have to playing gambling and only need to waits while they can see their reward grows.

Investing in the casino token or not will depends on their decision because no one force them to participates in that investment by staking the token to earns more amount. So that will be good for them because they only have to enjoy their time to playing gambling.
legendary
Activity: 3290
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
October 26, 2024, 09:50:13 AM
#55
Guys, is these following utilities enough to make a online casino stands out among the others?

1. Buyback of their tokens.
2. Revenue shares.
3. And stakings.

Apart from the part that they offer same casino games that we are all used to, this casino project has its own token and it is availbe on the solana blockchain, we all know that on the web2 type of betting platforms you gamble and lose or win, but on web3 like you can get the share of the revenue, what do you guys think? Also isn't this a part of the reason why RoLLBit seem cool?

We have to ask ourselves how many customers do casinos that have their own tokens have compared to how many customers do casinos that don't have their own tokens have. I believe we will see that most of the old casinos that have a good reputation and are offering good bonuses and many advantages in VIP accounts will have more customers compared to casinos that have their own tokens. This is because a casino or betting house was made for people to go and play and not for people to make investments. When people play and lose and then the casino gives them a bonus, people are more motivated to continue playing at that casino. Now, when a person plays at a casino and receives tokens from the casino, then that person will take the token from the casino and start thinking about hodling to make more profit, that person will start to divert from gambling to investing.
legendary
Activity: 1106
Merit: 1337
Lightning network is good with small amount of BTC
October 26, 2024, 09:39:34 AM
#54
As for me, I also prefer to bet crypto assets in gambling than usdt stablecoins. Because if you use crypto assets and the opportunity comes to win a huge amount, a huge amount of crypto assets will also go to our balance.
There is nothing called USDT stable coins. USDT is a stable coin while there are other stable coins. So I think you mean USDT and other coins that are backed by fiat. Stable coins are of wide range because their are many stable coins in crypto like wBTC that is backed by good and PaxG that is backed by gold etc. Also the stable coins that are backed by fiat that you are talking about are cryptocurrencies. You can uns unstable coins to refer to bitcoin and others their prices are not stable.

Rollbit is not web3 casino as far as I know also, and there is no latest development in the Rollbit system that migrate them fro the normal traditional cryptocurrency casino to a Web3 at least, if there is anything like that, the team would have notified their community to keep them upto date we recent happings.
Even they can only have the Web3 as an alternative. Rollbit can not just substitute web2.
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