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Topic: Honesty Will Pay Million-Fold: A Lesson for New Casinos (Read 400 times)

legendary
Activity: 1204
Merit: 1005

but still, he did the right thing and showed a tremendous amount of honesty and the rest is history as we all know how much stake.com is worth today (or not Grin).

Moral of the Story; Honesty Will Pay a Million-Fold More Than What You Can Steal With Dishonesty.

And I'm proud I'm part of the campaign of Stake; they have proven their worthiness to be in the top position in the market; they lead any casinos in their marketing and sponsorship; they cover a lot of ground; this is the reason why celebrities pick Stake.com as a casino of choice.
Time will come when people mention online casinos. People will first think of Stake because of their reputation and their branding.
Of course, with a reputation that continues to be guarded and provides solutions to the verified problematic that makes it much better and trusted until now, and the sentence on this utas is a fact that honesty will answer the future of a casino will be trusted or not by many People, because it will have a continuing impact.
And his shoes are a casino must be honest with their customers both in themselves or customers, because as we know there are some casino who are looking for problems with their customers if they have a big win and that is not a good thing.
member
Activity: 196
Merit: 60
I find it hard to believe in a story, that happened back in 2013. The year is 2025, why do you have to use a story, that happened 12 years ago to prove a point?
Wait a minute;
Muslims can use stories from 1400 years back,
Christians can use stories from 2000 years back,
Hindus (I) can use stories from Millions of years back,
and so on...
but I can not use a story (which is far more credible  Grin) from 12 years back to prove the benefits of Honesty. That is not fair Grin

OK, but can you provide any proof that the guy, who won such big amount got paid in full? Any transaction ID(not that a transaction ID could prove something)?
You can go ahead and read for yourself the whole incident, everything is recorded. No, I can not provide you with any TX ID but I am quite confident considering Circumstantial evidence and Testimonial evidence that he got paid. Although I can not satisfy a cartesian skeptic.

You're not really understand the context, @OP talks about something happened in the past during their beginning journey.
Some new casinos nowadays choose to exit scam when someone win big amount of money.
Perfecto! Grin

hero member
Activity: 952
Merit: 662
OK, but can you provide any proof that the guy, who won such big amount got paid in full? Any transaction ID(not that a transaction ID could prove something)? Grin I find it hard to believe in a story, that happened back in 2013. The year is 2025, why do you have to use a story, that happened 12 years ago to prove a point? Aren't there any good stories from people, who got their big winnings paid out by a new crypto casino in the last year or two?
Stake was a legit casino, but I've seen many scam accusations against Stake in the last year. Did something change?
I agree that honesty is the best policy for every business, not just the gambling business.
There's nothing wrong for being skeptic, but I think these old days were mostly legit, not many people have thinking about using alt accounts or creating fake reviews to boost their reputation, even though Bitcoinm is just a member rank without any positive feedback...

You're not really understand the context, @OP talks about something happened in the past during their beginning journey.

Some new casinos nowadays choose to exit scam when someone win big amount of money.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform

but still, he did the right thing and showed a tremendous amount of honesty and the rest is history as we all know how much stake.com is worth today (or not Grin).

Moral of the Story; Honesty Will Pay a Million-Fold More Than What You Can Steal With Dishonesty.

And I'm proud I'm part of the campaign of Stake; they have proven their worthiness to be in the top position in the market; they lead any casinos in their marketing and sponsorship; they cover a lot of ground; this is the reason why celebrities pick Stake.com as a casino of choice.
Time will come when people mention online casinos. People will first think of Stake because of their reputation and their branding.
hero member
Activity: 1722
Merit: 895
How to do business in a casino is not easy because making a little mistake will affect the reputation and I see anything done with honesty will definitely give much better results. Although sometimes this is handled specifically to raise the casino's rank or reputation and that is not a problem for us because the most important thing is that they have done the right thing.

An interesting story because honesty brings them high trust and it is not easy to gain user trust if the site behaves as if it does not need customers. The problem solving offered will give them satisfaction for users and that is why reputation should never be at stake when it cannot be saved.
hero member
Activity: 3206
Merit: 940
OK, but can you provide any proof that the guy, who won such big amount got paid in full? Any transaction ID(not that a transaction ID could prove something)? Grin I find it hard to believe in a story, that happened back in 2013. The year is 2025, why do you have to use a story, that happened 12 years ago to prove a point? Aren't there any good stories from people, who got their big winnings paid out by a new crypto casino in the last year or two?
Stake was a legit casino, but I've seen many scam accusations against Stake in the last year. Did something change?
I agree that honesty is the best policy for every business, not just the gambling business.
sr. member
Activity: 630
Merit: 352
Building reputations matters so much especially where it concerns money, it always pays off in the future because people that have benefited from your honesty will continue to promote you. The story in the OP is very inspiring, it's true that many startup casinos can give uncountable excuses why they can't pay a gambler that won big because they've not made profits. But a casino that understands that reputation is important will start with a huge startup capital knowing that a gambler can win big, so that they can pay up to prove their integrity. If they're able to pay winners promptly their honestly will pay them back a million folds in the future.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Bitcoin costed a lot less at that time, but yes honesty is honesty and the owners of PD have been known for their reputation since the start. With so many casinos coming up everyday there will always be a question of honesty in this sector because of past experience with land based casinos and casinos in general having the gambler's mistrust.

The way they have built the userbase from this forum over the years, took dedication and hard work with constant innovative ideas. However I dont like the fact that they moved to Stake completely and left primedice for the ruin. That said, Stake grew phenomenally in its own power.
sr. member
Activity: 392
Merit: 277
Good thing if this confirms a true and verified story from their end but nowadays please don't get easily fooled by what the review of other said. Most of the time, scams and fraud will just use those good thoughts in order to catch their preys.
it is just unfortunate that the numbers of false reviews and testimonies on scam projects has made it difficult to differentiate between a testimony that one should learn from one another that is just fabricated just for the purpose of getting people lucked into a scam project. i think we are familiar with the cryptomus exchange (not spamming for them) that came on the forum with lack of knowledge regarding the management of the project they brought on the forum, and it became difficult for them to pay the people that worked for them on the forum. they later paid those people which in a way shows that they weren't in for scam and that little show of a responsible lifestyle gave them some sort of positive trust.

in the midst of the scam, honesty will always make one stand out and as long as you are known to be reputable source, it won't take too long before people know you for that and that on it own has the potential of boosting your reach above some ads you might even run. honesty still pays.
hero member
Activity: 3136
Merit: 579

but still, he did the right thing and showed a tremendous amount of honesty and the rest is history as we all know how much stake.com is worth today (or not Grin).

Moral of the Story; Honesty Will Pay a Million-Fold More Than What You Can Steal With Dishonesty.


Casinos should be transparent; if one of their players wins, then they should honor the rewards. because this is where you can establish your reputation; if they won it fair, then be sure to let them cash out, or if they cannot sustain the cash out, then strike a deal.
But if there are false accusations and the user claims that he loses in an unfair way, they should also resolve it and don't give in to false demands. Casinos should be transparent, but at the same time they should not give in to false accusations.
hero member
Activity: 2940
Merit: 613
Winding down.
Well, I can say this about this.. The universal problem is that fraud is the norm, and an honest way of doing business (in this case, a casino) is perceived almost as an exceptional event, the greatest rarity, a rarity. Whereas in fact it should be exactly the opposite. And once it was the other way around. The moment people stopped giving religion the highest priority in their lives, that's when they decided that they could commit any act with impunity. And now we see the result. The payment of a large win is perceived as an extraordinary event, and common methods of violating obligations (refusing to pay) as something ordinary.
Well, in this particular case, let me express my unconditional respect for the person you are describing, who has honestly fulfilled his obligations.
True, kudos to the owner behind the success of Stake. What he did was a very noble one, in which not all casino owners can relate to that. While some chose to create exit plan, but this man has stood his obligation without being forced, and now his good deeds has paid off. Hopefully, new casinos will hear this story out. If not for themselves, but at least for their future players who will trust them and risk their funds.
full member
Activity: 462
Merit: 205
Duelbits.com
Certainly agree on this. Sometimes working smart is not enough, but being truthful and sincere to others are more valuable that would bring out the real success in business. The positive result would not be visible immediately, but in the long run those who were honest and true to their customers stay longer and flourish more, while those who succeed from dishonesty, the effect won’t be seen long term.
Sincerity isn't something you just get randomly from anyone because people make a leaving annd run their business off such so at some point it feels like its at the expense of their business,  even if it does pay ins the long run, actually it doesn't come by easily.  Sadly not all honest people actually gets customers,  life is so funny that sometimes the reverse may actually be the case.
legendary
Activity: 3416
Merit: 1225
Enjoy 500% bonus + 70 FS


Moral of the Story; Honesty Will Pay a Million-Fold More Than What You Can Steal With Dishonesty.

Casino operators should strive for this ideal because casinos are reputation- and features-based. Even if you have great features, if players are not comfortable playing in your casino because of your questionable reputation, you cannot maximize your earnings.
Small or huge winnings should be paid as much as possible in time. Word of mouth about honesty is probably the best form of marketing.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
Sometimes such stories are played out specifically to attract customers and get a good reputation for the casino. I have seen many false reviews from "happy" customers participating in some scams. But your story speaks of the serious intentions of the casino owners. Being in the first steps of its development, a good business should always act honestly, although it must be admitted that the first steps are always difficult. If you add luck here, then the entire development of the casino turned out to be successful, since the owners, as we see, were well-prepared and understood what kind of business they were opening. Without solid capital, it is difficult to start a business where money should flow like a river.
I guess such stories are common especially for those beginner casinos who are trying to build first impressions on their players, but with Stake, we all know this is done without hidden intentions. Its just that, honesty is the best policy, not just in gambling but in all kinds of businesses. But apart from it, being honest is just one factor, the efforts behind the Stake casino are quite incomparable. No wonder how Stake made it on the top these days.

I am more than positive that when stake started, it is not for short-term only but Stunna and maybe his other stakeholders have that long-term vision. They may have been on the brink of bankrupty (though we don't know their actual bankroll at that time), but still, they chose to pay off that winning user. Because if they won't fail their users, their trustworthiness will come around and look at where they are now. They have created a top and reputable casino and bookie up until now. And that huge winnings, they have gotten back that already. And much more.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
This is a nice throwback.
Primedice/Stake owners are some of the richest guys in Australia now and their business is one of the largest income imports of their entire country.

They've reached a scale that now nobody wants to shut them down because the government also gets a lot of income from the taxes they pay. And they function in a fully legal manner. I'd venture to say that Australian gambling laws were even written to be more favorable for them.

But let's be honest. We're talking about gambling here. Honesty can only get you so far.

Before utilizing dark patterns and shady practices to attract young audiences towards shady slots games, Stake had no prospects of becoming one of the largest online casino operations in the crypto world.

One could argue that kick.com is one of the worst streaming websites in terms of what kind of behaviors it promotes. Because while it allows for just a little more free speech than twitch.tv... Its partnered streamers promote hedonism, antisocial behavior and extravagant displays of wealth like no other site on the net... Along with rigged slot runs being plastered all over the site. Anyway. Don't think it's all ethical.

Of course if you know what you're doing Stake is a honest casino toward you and also still utilizes provable fairness. But the ways it attracts most of its player base aren't that honest.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
Sometimes such stories are played out specifically to attract customers and get a good reputation for the casino. I have seen many false reviews from "happy" customers participating in some scams. But your story speaks of the serious intentions of the casino owners. Being in the first steps of its development, a good business should always act honestly, although it must be admitted that the first steps are always difficult. If you add luck here, then the entire development of the casino turned out to be successful, since the owners, as we see, were well-prepared and understood what kind of business they were opening. Without solid capital, it is difficult to start a business where money should flow like a river.
I guess such stories are common especially for those beginner casinos who are trying to build first impressions on their players, but with Stake, we all know this is done without hidden intentions. Its just that, honesty is the best policy, not just in gambling but in all kinds of businesses. But apart from it, being honest is just one factor, the efforts behind the Stake casino are quite incomparable. No wonder how Stake made it on the top these days.
hero member
Activity: 3052
Merit: 685
Any business or platform that have the intention of making their users or customers proud of using them, then they wouldn't find something like this difficult for them to do,
business owners find it difficult to be honest and kind to their customers because of greed they will always put profit first before their customers they are selfish and they do not care about the wellness of their people but later on this greed will break them in the future
That is what you think, mate. But when you are in business, you will understand why it is a need for us to prioritize our business over our clients. In fact, our main goal is making a profit, and it is clear that the business owner has the most benefit, and definitely it is not cheating. Otherwise, we are running a business just to go bankrupt and shut down.

I don't think this is the thing we want to happen. That is why we find ways to earn. Unfortunately, this is something that people have never understood.
hero member
Activity: 1302
Merit: 561
Leading Crypto Sports Betting & Casino Platform
I’m not surprised recently how big casino deprive gamblers from their win due to an issue. It’s either they come up with requesting for KYC or other issues after a win not just gambling it’s a general problem. The lesson op is trying to point is so clear, honestly to some extend the amount is so big for a new casino. Chasing after profit is normal for every business owner but it’s totally wrong when they cheat customers during the process, for anyone who thinks reputation is not worth it they’re actually destroying their little start.

Probably casinos that works strides ahead to deprive players of their wins losses great reputations in the market. And ends up watching customers leave and stop playing their games. However, some casino operators know they'll run out of business after handing out a huge win. That's why they try as much as possible to tag the winner guilty of boycotting rules.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
Wow, I didn’t know that story, and it is just now that I have read it, and it is amazing. Really finding a way to make amends for the members just shows how he would act with his customers in the future. I think his casino is something profound with all the members that he already has playing in it.

I believe that being able to do things you do out of the goodness of your heart and not expecting any return is the best deed you could do. I do hope that every person does it as well.
Me too, I only heard it now. It only proves that honesty is the best virtue even in gambling. What you show will always have vast returns later on, so if you do the right thing, rest assured positive things are bound to happen later on.

That's why it's not surprising why Stake nowadays is making a big hit in the gambling industry. This is not only for those who are casino owners, but most especially to gamblers as well as they should be honest at all times while they are gambling.
legendary
Activity: 3234
Merit: 1214
Casinopunkz - Anonymous Crypto Casino
This relates not only to the gambling business. It can be connected with every form of business being done around. With big hope, businesses were started, and things weren't in favor, but the honesty and their continuous efforts to run the business yield the benefits in the long run. Those are days we can stay in the business and prove the honesty, and the operators have got the choice of cheating the customers. Today things can't be done that way. For each and everything, the platform is responsible, and they need to answer it.

Honesty will always pay a millionfold, not only for the perfect one but also for the fraudsters. It is all about how situations were handled, and they move on. What's been said is a story of honesty. The same as this, we can see fraudulent acts yielding millionfold in the long term.
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