Gambling cashback services? - page 2.

livingfree

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Quote from: peter0425 on January 14, 2020, 11:24:35 AM

Quote from: livingfree on January 14, 2020, 06:11:36 AM

Quote from: hatshepsut93 on January 14, 2020, 04:01:44 AM

If the house edge is 1% and affiliate income is 0.2% of the wagered amount, and the service shares 80% of it with gambler, they can reduce the edge to 0.84% - and it will come in form of actual money that can be withdrawn to your wallet, isn't it great?

It's a great idea that you got there but do you already have what casino that you'll be partnering with this service?

this is the most important thing here ,because we know that too many casino's we are having here and it is difficult to have one that will allow to accept this kind of service,but i am wishing you best on this one OP

I don't know the procedure but op knows what he's doing and I think it will be easy for him to have this service partnered with a casino.

I'll just look into this thread and watch the updates of hatshepsut, good luck.

carlfebz2

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I have seen this feature before but i totally forgot on sites name but for now i don't see such thing on current gambling sites.

Im not really into referral thing but i do rather prefer betback and lossback from bitdice. https://www.bitdice.me/bonuses

GreatBug

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I can't imagine a gambling cashback services. It's popular with credit cards promos, reward points, etc. but with gambling, i don't think so. Also, by using crypto it's usually an investment kind of way.

ethereumhunter

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I try to search in google by using the "gambling site offers cashback" keyword, and I found many sites offer cashback, but I don't know if that is the website that you search or not. You can visit https://www.gamblingdeals.com/casino-cashback/, for example, but I don't think that the site is available for cryptocurrency or not because I don't visit the website. There is many more the gambling site which you can see, and I hope that you will find what you want.

peter0425

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Quote from: livingfree on January 14, 2020, 06:11:36 AM

Quote from: peter0425 on January 13, 2020, 08:03:47 AM

Quote from: livingfree on January 13, 2020, 07:45:39 AM

~snip~

that means OP is planning to create this kind of service but he is not making a Whole Gambling site.

to OP i think you may offer this service as there is none in existence so far.IMO

Yeah, I missed that part and misunderstood it.

Thanks for that correction mate.

glad i can help mate,no worries

Quote from: livingfree on January 14, 2020, 06:11:36 AM

Quote from: hatshepsut93 on January 14, 2020, 04:01:44 AM

If the house edge is 1% and affiliate income is 0.2% of the wagered amount, and the service shares 80% of it with gambler, they can reduce the edge to 0.84% - and it will come in form of actual money that can be withdrawn to your wallet, isn't it great?

It's a great idea that you got there but do you already have what casino that you'll be partnering with this service?

this is the most important thing here ,because we know that too many casino's we are having here and it is difficult to have one that will allow to accept this kind of service,but i am wishing you best on this one OP

Finestream

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Good initiative but in order to gain partnership, your business should have a trust and that it could help promote the gambling site you are partnering with.
Actually I am new to this kind of idea as in my many years of being a gambler, I never used a 3rd party to place my bet to a gambling site.

bobyhodob

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Cashback reffering ?
actually I don't like the referral program, sometimes if we have a lot of followers it will be seen doing an abuse.
I prefer rakeback like the one in stake I get extra money from each of my bets

jhonjhon

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So far, I haven’t encountered any gambling sites that offers cashbacks from affiliates or referrals but I think it is a good promotion to attract users and to increase user of your site because gamblers will be interested to refer someone to go to your site knowing that they can get cashback in return but you also have to make sure it can’t be used for fraud transactions because people might just do something illegal just to get the cashback.

bitcoin31

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Quote from: maxreish on January 14, 2020, 01:03:40 AM

I know two gambling sites who offer cashback. But it's not about cashback when you refer someone, you need some level to be eligible to use cashback options. The other one gambling site offer only cashback when you deposited and busted your balance and I have tried to used this.

But with that type of cashback that you have mentioned, I never saw something like that. I do think it is a good service if one will formulate such service like what OP is suggesting.

Can you give us what is the name of that two gambling sites so we can check? But not actually for sure that gambling sites is not op looking but they have little similarity but not actually the cashback . I hope someday more gambling sites will offer a cashback for their players who to their website but for now there is one but Im really sure the players really want that.

livingfree

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Quote from: peter0425 on January 13, 2020, 08:03:47 AM

Quote from: livingfree on January 13, 2020, 07:45:39 AM

~snip~

that means OP is planning to create this kind of service but he is not making a Whole Gambling site.

to OP i think you may offer this service as there is none in existence so far.IMO

Yeah, I missed that part and misunderstood it.

Thanks for that correction mate.

Quote from: hatshepsut93 on January 14, 2020, 04:01:44 AM

If the house edge is 1% and affiliate income is 0.2% of the wagered amount, and the service shares 80% of it with gambler, they can reduce the edge to 0.84% - and it will come in form of actual money that can be withdrawn to your wallet, isn't it great?

It's a great idea that you got there but do you already have what casino that you'll be partnering with this service?

hatshepsut93

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A lot of people responded here about rakeback offered by gambling sites, but this isn't what I'm talking about - read my post carefully. I'm talking about achieving something like this by having a third-party service that will use existing affiliate programs to do so.

Quote from: Kyraishi on January 13, 2020, 06:53:52 PM

It's been done before. IIRC I think debuni used to have one of these services.

The thing is that people understand that the sums they'll get from rakeback is miniscule and do not improve their EV significantly as it's still negative in the long run. So most people don't go to the trouble of actually signing up to such rakeback services and having to link their accounts to these sites, because that takes a lot of effort.

If you could come up with some innovative measure, perhaps a partnership with some prominent crypto casino, then there could be real potential.

If the house edge is 1% and affiliate income is 0.2% of the wagered amount, and the service shares 80% of it with gambler, they can reduce the edge to 0.84% - and it will come in form of actual money that can be withdrawn to your wallet, isn't it great?

Ucy

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Quote from: hatshepsut93 on January 13, 2020, 01:21:18 AM

Since almost every gambling site offers affiliate programs, and it's not allowed to refer yourself, are there any services that offer cashback by returning you part of their earning from referring you?
If you know about such site, have you tried using them? What are the terms?

I'm thinking about developing such service, so any suggestions are welcome.

I do not understand this well. But I guess the cashback company doesn't have to be the gambling company it refers you to? It is an interesting way to earn extra income from gambling companies without violating their referrals terms. . A big gambler could actually earn reasonably from this.

Assface16678

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Quote from: AbuBhakar on January 14, 2020, 01:17:34 AM

Quote from: hatshepsut93 on January 13, 2020, 01:21:18 AM

Since almost every gambling site offers affiliate programs, and it's not allowed to refer yourself, are there any services that offer cashback by returning you part of their earning from referring you?
If you know about such site, have you tried using them? What are the terms?

I'm thinking about developing such service, so any suggestions are welcome.

Not giving a percentage of a earning but propably some specific amount when you refer them. Just like an affiliate program but there is a need for the user to really use the app or get verified. I'm not referring in gambling site,but in a mobile wallet in my country which have a cashback feature. Im not sure if there is already one for gambling.

For all my time in the internet world, I am also coming into different gambling sites. I still did not see any gambling site that is giving cashback because most of the time, they exchange the currency into a token, or sometimes they use the real money as a wage to their games. But few gambling websites are using a referral system that you will get bonus money if you are inviting other players and that can use looks like a cashback system. Most of the time they are earning because of the players and it is a huge loss if they are giving a cashback to their customers.

AbuBhakar

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Quote from: hatshepsut93 on January 13, 2020, 01:21:18 AM

Since almost every gambling site offers affiliate programs, and it's not allowed to refer yourself, are there any services that offer cashback by returning you part of their earning from referring you?
If you know about such site, have you tried using them? What are the terms?

I'm thinking about developing such service, so any suggestions are welcome.

Not giving a percentage of a earning but propably some specific amount when you refer them. Just like an affiliate program but there is a need for the user to really use the app or get verified. I'm not referring in gambling site,but in a mobile wallet in my country which have a cashback feature. Im not sure if there is already one for gambling.

maxreish

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I know two gambling sites who offer cashback. But it's not about cashback when you refer someone, you need some level to be eligible to use cashback options. The other one gambling site offer only cashback when you deposited and busted your balance and I have tried to used this.

But with that type of cashback that you have mentioned, I never saw something like that. I do think it is a good service if one will formulate such service like what OP is suggesting.

shield132

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OP you mean rakeback, yeah? Bitsler has integrated amazing Vip Levels system on their website. There are Iron, Bronze, Silver, Gold, Platinum, Diamond and even higher Vip Levels with a lot of rewards. You can claim Reward Chest and key from wagering on bronze level, reward and possibilities growth when your level increases, for example on silver there is higher reward and you can participate in Billionth bet event, from gold level you can have access on gold rakeback (the thing that you are looking for).
There is given an example from bitslerregarding to rakeback:

Quote

if you have a rakeback rate of 24%, weekly rakeback boost of 2% and bet BTC 200 on a game with 2% house edge (like Boom.) You will earn: 200 * 0.02 * 0.26 = BTC1.04 in rakeback

.
From other casinos, as far as I know, bitdice has good rakeback system. Also maybe FJ offers something similar via points.

sureshnsnet

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There is no sportsbooks sites giving that kind of offers in crypto accepting websites. but I am using bet365 since 2011 they will give me weekly royalty bounce it depends on my weekly total wagering amount so I will get around $5 to 10 each week but it is in fiat currency.

Kyraishi

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It's been done before. IIRC I think debuni used to have one of these services.

The thing is that people understand that the sums they'll get from rakeback is miniscule and do not improve their EV significantly as it's still negative in the long run. So most people don't go to the trouble of actually signing up to such rakeback services and having to link their accounts to these sites, because that takes a lot of effort.

If you could come up with some innovative measure, perhaps a partnership with some prominent crypto casino, then there could be real potential.

crwth

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In general, I think there's a possible near reference that is being done concerning how much you are gambling. Some sites Offer Rakeback and a wagering contest or something. The most recent that I had is with CyberDice and in Bitsler.

I haven't unlocked the rake back feature in my account in Bitsler. You need to have a large amount of wagered amount IIRC. For CyberDice, you have to be the highest in a day, and you are given a certain percentage, 0.9% IIRC.

Maybe you could create a site where when you deposit, there's a bonus in which you could have an extra amount. I know that there are sites that give deposit bonuses.

White Christmas

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Actually there are some cases or websites that are giving referral links or referral codes in order to send to other gambler or player in order to have some money or token for them to be able to play or have any balance but I don't know yet if there is cash back in which the sender and the receiver of the referral will both having a money or token, since I play online gambling I don't here any cash back on inviting some people and etc.
Maybe there are some cash back in some social media sites or just an small online group or websites in which they can play or gamble their money in just a very small amount only or in the underground gambling session.

Topic: Gambling cashback services? - page 2. (Read 445 times)