Topic: Honesty Will Pay Million-Fold: A Lesson for New Casinos (Read 467 times)

I agree with this, and also with the title of this topic as I also think that being honest in business is not only morally preferable but also more profitable in the mid to long term.



The problem is not only in the short term, but also in the very long one, when you may be forced to go evil if you want to compete with the other big fish. Not talking about any casinos here, but about giant businesses that don't care about environment, citizen's rights or even abolition of slavery, to name a few sins. It seems that when your business crosses certain limit (or in order to cross it) you have to leave victims behind with almost no exception.

What story shown by OP is great indication that once you are honest dealing with your costumer for sure that they or other people will be so happy with the performance they provide and that can generate them a millions of income. Since trust is important in a business and its good that Stunna on early days of his business do the right thing that's why they still exist even today and wrecking huge profit from their business.

This one should be followed by other casino owners since if they are not greedy enough to look at short term gains for they earn the same to. But unfortunately those scammers just aim for short term gains that's why they pull those scam attempts and leave their victims behind that's why their business didn't succeed since they mixed their ideas with other illegal actions.

One story that illustrates among the many casino scams, there are still most casinos that have honesty to their customers and even occurred at the beginning of the launch of the casino.
There are so many examples of casinos that have bad intentions to deceive customers by changing the name of the casino but have the same owner but in the end they disappear from the world of casinos.

Maybe some people are a little skeptical with stories like this but I only see from concrete evidence that now stake is one of the large and popular casinos here which provides evidence that every problem will be resolved honestly without having to deceive customers in large numbers.

Yes, but we have seen casinos not honoring the rewards and those are just fly by night casinos and we have seen a lot of them in the past.

---

I like the saying though, and I think it life we should remember this that honesty and that we have seen the long term benefit of it. They've built their reputation and integrity and then gamblers later on played on their casinos and now they are considered one of the biggest. Of course, even if this happened many years ago, it will still be as relevant, specially for new casinos.

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.

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  ) from 12 years back to prove the benefits of Honesty. That is not fair

---

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.

---

Perfecto!

---

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.

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.

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.

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)? 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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Any business (not just gambling businesses) that does right by the customers and treat them well will continue to get them as repeat customers. Even better, reviews from customers like that can even usher in a train of new users eager to use the service.

That's why I recommend operating a business in a fair and transparent manner.

That is if they are not honest to what they started as a business.

But if they don't have any intentions of framing and running their customers, they have to pay what's outright to be paid.

That's how real business owners should be but if there is no intention to run a genuine business, they'd probably run and forget about that customer who had won such amounts. Well, today, it's a different thing and we might see people claiming winners that they have genuinely won they didn't.

Most people here think it was an easy decision made by the owner, a honest person is someone that consistently shows same attitude when dealing with any side of life, either finance, business or perhaps attitude to work and presentation even when those involved are not known mutually. It must be a steady approach dealing with others, the one time you decide to grudge on doing the right thing, reputation at the moment is totally condemned.

Not concerned particularly on the casino it is, but i believe for every owner, new or old their must be this level of integrity and honesty towards users, a honest review will bring more people to makes use of your services.

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.

The same way we have it in demand from the gambling platform, same also applies to those that are interested in gambling, everyone has what he wants and demanded for, gamblers may not have to be too forward in getting what they want, because they understand the demands from having an established gambling platform as well as those that have a specific offers for what they do gambling, but honesty is what is going to keep majority of them.

How bitcoinm is doing right now. I hope he drops by to say hi and hello to the forum and tell us his wonderful story and how he's doing with his 200BTC whether he sold them early or still holding some of it until now. Anyway, nice story and I have never heard of this. While the truth matters and honesty has always been the best policy. People will never remove that doubt in their minds that it could be a gimmick or not but as for me, it was one of the great times in the community seeing people winning 1 bitcoin and more and depositing it too easy because of how low its price back then.

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

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.

How it could be otherwise? Honest individuals will make honest decisions and vice versa. Honesty will reflect in every aspect of their life whether it is business or personal relationships. That is obvious. Now what is not obvious is being honest requires constant self-reflection and an environment that rewards honesty. Without having both we cannot expect honest behavior especially when you can just run and hide(online).
IMO this constant self-reflection and control enabled "Stunna"  to build his credibility and achieve success. So, Yes I agree that it is not one one-time lucky display of honesty.

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, this is why we have to trust some people or platforms and not to do same to others because of trust issues with them, there is one thing that may not be avoidable and once we have proofs to this challenge, people can trust us for the benefits of doubt and extend time for us to make up back with them.

People's personalities will often reflect on how they will handle any business they are in.

 A dishonest individual will also be dishonest in business; the chances are very high. An honest individual with integrity will extend his honesty and integrity to his business as well, because dishonesty was never in their nature. "Stunna" aside from just wanting to keep his new business operational, must be an honest individual with integrity. His trust record speaks for him.

One most challenging period of every business is the developing phase. What I can deduce from  @Stunna was that the  resilience not to be perturbed by the situation from such a huge win from just a developing business as at the time was that he had a vision and purpose which help in maintaining integrity with all sense of sincerity.

When an upcoming casino payis off huge wins of customers especially an amount that was thought weighty for them to shoulder it invariably builds trust on them from the community, showing that the casino really mean business and has a vision to grow their brand as long as possible. It only take a scam intended casino to run off at the occurrence of big win by a user.

I believe that casinos should operate with integrity and transparency. If the owners have any dignity, they wouldn't risk their reputation by scamming winners. Before opening a casino, they should have primary capital set aside to cover big wins. It's unacceptable when a casino hesitates to pay out a jackpot, making it seem like a miracle when they finally do.

It's commendable when a casino, especially a startup, pays out a big win without hesitation. This shows that they're committed to their business and have a solid plan in place. Every casino should learn from this example and prioritize transparency and fairness.

Casinos shouldn't enter the industry with the intention of scamming people who stake their money and don't win. That's just not right.

He did what he supposed to do, I get that he could refused to pay that 25K but creating a new one with 25K is possible in 2013? I don't know but nowadays opening a casino and take all the licence needed and then advertising costs a tons of money probably a million to start it in the decent level.

He did the right thing and it paid off in the long run, anyone who just steal and run away won't make anything out of it instead who did right multiplied their business into multiple times after years.

The casino business is capital intensive that is why business owners should set aside enough funds to cover up wins. The casino did what it's suppose to do which is to pay the winner. Without doing it, the image of the casino will be dented. Most casinos that ended up becoming reputable went through thesame process of paying huge wins and as they continued in this practice they attracted more gamblers. Any casino owner who avoids paying out wins and abandons the casino is a scammer.  And he would never build a brand that will be well known and reliable.

That is how entrepreneurs should handle business. In this case it was perfect, since there was a reasonable customer and a service provider commited in providing a legit and long lasting experience to his userbase. It was much easier to just refuse the payment, execute an exit scam and come back once again with a fresh new brand and forum account (considering the business and the account were pretty new yet). However, he did the right thing and as we can see, his actions brought forth good fruits on long term.

This is a lesson for casinos, but also for everyone who is having access to this story. That is how to act always when dealing with other people. To fulfill your word is a must.

For real? Deception really!
I mentioned in the very second line the exact amount he deposited and won. Look carefully. I have just quoted the exact words as they were said in the past.

---

You mention a post with 200 bitcoin to make a point, especially with the current price around $100k - it's a bit of a deception really. Back then it was worth much less, more like a thousand. Most big casinos are well aware that occasionally they will have to pay off large gamblers, but do so without question as they know the money will often be deposited back within a short time frame. It is not just about being honest, it simply makes correct business sense if you want to make a lot of money over the long term to treat your customers correctly. If you do there is every chance that they might introduce friends who are even more profitable.

Just found out there was this story in the past and it's a positive moran message for any casino businessman.

Honesty will bring greater positivity and look at how much they have grown over the years in the casino industry, so the important thing is that when a legitimate player wins without cheating then the casino has the right to give them their winnings.

Thanks again for sharing this story...

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.

This just shows that no matter what many businessmen would tell you a successful business is not always just about working smart. Sometimes working with genuine purpose and honesty can make you reach so far in life and your customers will always come back to you because of your honesty.

The story happened during 2013 which faking customers win is mot popular due to low competition that time. I remember only few reliable dice game available at that time and being honest in the long run will surely established your reputation.

Besides, doing some background check on the account shown that he is indeed a gambler from different casino.

Also, Primedice proven their worth since they really are trusted even until now.

Another moral of the story is that, even if a person seem to look successful financially from dishonesty, in the future the consequences of that action will linger and have more damaging effects on reputation and their business.
Metawin is badass for carrying on with business like nothing ever happened. If they could be kind to share some information about their customers, I can bet that no one left because they trusted the casino more.

Sometimes we need to do fact checking before believing into certain stories like these random scenario, particular on honesty of a person. However, this kind of situation will raise up a good image as depiction towards the casino itself.
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.

Thanks for sharing this story. I’m not aware that PD has a rocky start like this because I started in crypto when PD reputation was already established for being reputable dice site.

AFAIK they also experienced a hack/cheat with some user that manage to cash out huge amount of money yet they still continue to operate.

All their dedication and honesty works since until now PD has loyal customers despite they already Stake which is one of the most popular crypto casino.

---

Metawin is one of the new casino that follows this philosophy. They recently experienced hacked that resulted to 4M$ loss yet they still continue to operate like nothing happened despite their casino is still new.

what a good story and shows how much different the world has become if this happened in today's world, the casino would investigate the player and even accuse him of cheating but as we see from your story that is now what happened and to give credit to the player he was confident enough to trust the casino to slowly give him his earned winnings and was not impatient and rude

what has happened to our world and why distrust and fraud are so heavily normalized these days? it is almost too good to be true if you encounter someone like this in recent time

Even in exits, it could give you a good reputation too.
One of them is Yolodice, they exited respectfully, waiting for gamblers and investors to cash out their money before they fully erased their gambling site. We cannot underestimate cryptocurrency supporters, we are mostly trustworthy people but are just being stained by those who are scamming others in exchange for cryptocurrency. I don't put them in the leagues of true crypto supporters, they are just the viruses of this industry.
What he did there was the start of a spark in crypto gambling and look at how much it grew in just years after it. Crypto gambling is one of the highest when it comes to money movements.

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.

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.

This forum is full of wonders here is one of them;
@Stunna launched a new casino Prime Dice on 18 May 2013. He was just a newcomer, registered on 14 Feb 2013 (What a date to join ) to this forum with very little trust and credibility.
On the very first day of launch one player named Bitcoinm deposited around 250$ and won 25000$ playing dice.
Now @Stunna could have just refused to pay (a million excuses exist) and stopped his casino. After that, he could have registered a different account and rebranded his casino to start again like many new casinos are doing nowadays.    
Bitcoinm even offered him to pay in installments (those days lol);

He got paid in full, no excuses whatsoever. Though he was not comfortable and expressed his emotions;

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 ).

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

---