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Topic: How can a new sportsbook gain trust? - page 15. (Read 1794 times)

hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
May 19, 2022, 07:06:51 AM
#11
Promos are very important for new casino, you have to invest on that area as that's the way to entice people from trying your gambling site. Actually, it's not hard to attract gamblers, the real challenge is to maintain your good reputation and be above in the competition all the time.

Just remember that every casino starts from being small until they grow and gets more popular.
jr. member
Activity: 47
Merit: 1
May 19, 2022, 06:58:26 AM
#10
Hi, so I think I have seen an opportunity to operate a sportsbook in a way that is slightly different and probably more user friendly than how the current ones are operating. I’ve been working in the online gambling industry for 10 years now and I know how a lot about betting markets and how the odds work so I’m not worried about that side of things.

There seems to be a lot of scams out there and I’m looking for insight on how to be trustworthy. Not looking to scam anyone or steal, I just want to run a good, well respected sportsbook. I guess people will say to use kyc or licenses but I’d like to hold off on these. In my experience having licensing and kyc does not necessarily mean that you are a good honest sportsbook. Be interesting to hear thoughts on this as it may sound suspicious?

So I’m looking for thoughts on how to gain trust and reputation, because I know I would have doubts depositing money into a brand new sportsbook that’s just appeared out of thin air.


Hi. I just want to say that you will gain reputation only IN TIME. It's not an instant process and could take a few years for your sportsbook to be known by a lot of users.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
May 19, 2022, 06:49:24 AM
#9
I have to agree with you on the licensing statement, because a lot of casinos are operating under the Curaçao eGaming  license and it provides ZERO protection for the gamblers.  Roll Eyes 

I will just slowly build the brand, even if I have to start from the bottom. Get some money to fund a Signature campaign to get the name out there... and then honor the payments of the bets. Most "scam" casinos find ways not to honor the payments and that gives them a bad reputation.

You have been in the gambling scene for years, so you know how to spot the "cheaters" and how to handicap them.  Wink
p67
newbie
Activity: 2
Merit: 0
May 19, 2022, 06:44:04 AM
#8
Thanks everyone for your replies. I should maybe have been clearer, I have been making my living trading sports on the exchanges and betting with agents and 2 local bookies for the last 10 years.

I have been planning this for around a month and don’t plan to launch anytime soon as the last thing I want is exactly like a Acroman08 said… be overwhelmed and fall behind on customer service, support and payouts as it would be hard to recover from this if it’s the first impression people have of your sportsbook.

To expand a little more, my plans for the book is that I would have high limits and winners would be welcome. I’m totally comfortable with this side of the business, I just have little experience with starting up and gaining customers and a reputation.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
May 19, 2022, 06:41:55 AM
#7
It takes time for a new sportsbook to gain people's trust and it is not easy to build a reputation but it all has to be carried out with many activities including promotions, marketing on forums, and working with people who are of great interest, and much more.
But we know that if you want to gain trust in this forum, of course there must be an ANN as the official thread, and doing marketing here of course there will be a lot of interest, so that's where we can build trust in the sportsbook that we built.
hero member
Activity: 2954
Merit: 796
May 19, 2022, 06:02:19 AM
#6
reading around google it seems that excellent security, excellent customer support, and fast withdrawals are huge factors in gaining trust especially if you are a crypto casino/sportsbook.

anyway, no offence, it's kind of weird that you being in the online gambling industry for 10 years would ask in a forum about how to be a trustworthy sportsbook.

This is what I'm thinking too but I just consider that he might be working on gambling industry under the operation department and not on the marketing side since he will definitely not know how to operate casino if his line of work is not on that particular part of gambling industry. And also maybe he is just asking for suggestion in addition to his known knowledge since this is really the best thing to do gain more idea for his casino.



License is the common things in gambling industry to become trusted here and the rest is purely marketing such as launching campaigns and promotion that will give incentives to all new comers that will try your the casino. The more generous means many new players will easily trust your company. You should give first before you can gain the trust of players. That's the typical formula of startup casino.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
May 19, 2022, 05:59:55 AM
#5
reading around google it seems that excellent security, excellent customer support, and fast withdrawals are huge factors in gaining trust especially if you are a crypto casino/sportsbook.

anyway, no offence, it's kind of weird that you being in the online gambling industry for 10 years would ask in a forum about how to be a trustworthy sportsbook.

It's not part of what he covered for the last ten years

Quote
I’ve been working in the online gambling industry for 10 years now and I know how a lot about betting markets and how the odds work so I’m not worried about that side of things.

He is more on the betting site and after 10 years he decided its time for him to set up his own, I advise OP besides the advice he is going to get here, to spend a year or two in planning to set up a new sportsbook site, you very well know that you can't cover all things overnight, and launching your own is the hardest part, but you can do it because you already know somethings, being here for ten years already.
legendary
Activity: 2520
Merit: 1113
May 19, 2022, 05:47:04 AM
#4
reading around google it seems that excellent security, excellent customer support, and fast withdrawals are huge factors in gaining trust especially if you are a crypto casino/sportsbook.

anyway, no offence, it's kind of weird that you being in the online gambling industry for 10 years would ask in a forum about how to be a trustworthy sportsbook.
hero member
Activity: 2702
Merit: 672
I don't request loans~
May 19, 2022, 05:08:00 AM
#3
Give it time. At the startup, try to take some methods to increase your user count (as well as attention to your sportsbook) via promos, advertisements, etc., and try to introduce your sportsbook as someone who actively interacts by answering questions from their users. Other than that, well, just give it time. It takes time for trust and reputation to grow, but if you're able to do it, you should be able to see a stable amount of users everyday.

On the KYC thing, it isn't really a symbol of being a reputable sportsbook but rather most of the time it's just a requirement for wherever the sportsbook is hosting their, well, bookie. It's a requirement from the government of the country themselves or the license that the sportsbook use, so I wouldn't worry about that really.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
May 19, 2022, 05:03:06 AM
#2
Hi, so I think I have seen an opportunity to operate a sportsbook in a way that is slightly different and probably more user friendly than how the current ones are operating. I’ve been working in the online gambling industry for 10 years now and I know how a lot about betting markets and how the odds work so I’m not worried about that side of things.

There seems to be a lot of scams out there and I’m looking for insight on how to be trustworthy. Not looking to scam anyone or steal, I just want to run a good, well respected sportsbook. I guess people will say to use kyc or licenses but I’d like to hold off on these. In my experience having licensing and kyc does not necessarily mean that you are a good honest sportsbook. Be interesting to hear thoughts on this as it may sound suspicious?

So I’m looking for thoughts on how to gain trust and reputation, because I know I would have doubts depositing money into a brand new sportsbook that’s just appeared out of thin air.


You should run some promos as a bare minimum to make your website known.Most reputable and honest casinos here are running signature campaigns from quite a long time now and they also have an official ANN thread here where they discuss a lot of different topics,opinions and people problems that may arise,these components are what creates the feedback for the site.All the reputable casinos have a huge ANN thread with lots of pages and are still being updated daily with new content.This is pretty much what you need to do in order to gain trust as a newcomer in the sport betting zone.Together with instant or almost instant withdrawals.
p67
newbie
Activity: 2
Merit: 0
May 19, 2022, 04:50:32 AM
#1
Hi, so I think I have seen an opportunity to operate a sportsbook in a way that is slightly different and probably more user friendly than how the current ones are operating. I’ve been working in the online gambling industry for 10 years now and I know how a lot about betting markets and how the odds work so I’m not worried about that side of things.

There seems to be a lot of scams out there and I’m looking for insight on how to be trustworthy. Not looking to scam anyone or steal, I just want to run a good, well respected sportsbook. I guess people will say to use kyc or licenses but I’d like to hold off on these. In my experience having licensing and kyc does not necessarily mean that you are a good honest sportsbook. Be interesting to hear thoughts on this as it may sound suspicious?

So I’m looking for thoughts on how to gain trust and reputation, because I know I would have doubts depositing money into a brand new sportsbook that’s just appeared out of thin air.
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