Topic: How can a new sportsbook gain trust? - page 2. (Read 1794 times)
You often hear people shouting in society about other topics and they are right: Trust can take years to build but can be permanently damaged in seconds. This is of course no different in the gambling industry, and it also involves very large amounts of money. You can't always control whether you have built up a good reputation, there are people who write negatively about a site, but the most important thing is that the players are paid properly and do not have to wait too long for their money. I think it also makes a difference where you have applied for your license as a gambling site.
It is difficult to enter into any business - especially when the market is growing not at an explosive but at a normal pace and the "pie" has already been divided among the existing players. But this is just a matter of investment - if you have the capital, you can get a part of the market and even if you affect its profitability a little, this will be quickly compensated by the fact that the market is growing and you, like your competitors, will continue to make a profit.
The market is big, capital is the most important but as long as you have a good team that will manage the business, then there's a chance that the business will grow and will be able to compete. Every business starts from being a newbie in the market, but it doesn't mean they won't succeed, because if they do the right strategy, competing against the big players is always possible.
In a situation where, for example, a new player buys an already existing project or makes investments comparable in size to such a purchase, it is difficult to call the appearance of a newcomer to the market. I think you have seen such examples in other areas when a large net of supermarkets/gas stations, etc. comes to a small town and takes part of the market from small shops. It's a risk-free move (for them), it's hard to compare it to a new venture even with a very good team, so I'll continue to think it's just a matter of investment.
If the operators will allow bonus abuse, then for sure there's a risk on their side. Bonus are created in favor of the casino, it's like a bait for gamblers to get attracted and try their platform and once they already fall in love with the the platform, that's where gambling sites will already make profit consistently.
I think they didn't allow that kind of bonus to be spammed or to be abuse, it is just that since they are new in the market they used that thing to promote and to reach more people. But they should not tolerate this since it will be considered as cheating as well, users are benefiting from them, they will lose something sooner if they will not check the algorithm or the codes to remove this abuse in bonus.
Everyone talks about reputation, reliability, history and so on. But in fact, there is always a fairly significant percentage of brave (or greedy) gamblers who are willing to take risks and play in a new project if it offers good bonuses. So the easiest and fastest way to gain credibility and market share is to make good investments, offer bonuses and pay them fairly. I think this investment will pay off.
That's also one thing, a new casino that comes out usually gives out a good offer for their bonuses and stuff. It is why there are gamblers that do try out a new one even it's uncertain.Those attractive bonuses are for real and getting their attentions. It's a part of how new casinos are getting their customers first before to build trust for having many users.
With the bonuses involved, it could mean that a gambler can only risk a smaller amount than usual in order to get the most out of their game and if ever things didn't go well like if a new casino turned into a scam, I think it's fine since many player didn't put their full trust yet and they didn't deposit bigger amounts. Many of the players that are only after the bonus can come and go, I mean they won't stick on the site, so there is also a big risk involved for the operators.
Everyone talks about reputation, reliability, history and so on. But in fact, there is always a fairly significant percentage of brave (or greedy) gamblers who are willing to take risks and play in a new project if it offers good bonuses. So the easiest and fastest way to gain credibility and market share is to make good investments, offer bonuses and pay them fairly. I think this investment will pay off.
That's also one thing, a new casino that comes out usually gives out a good offer for their bonuses and stuff. It is why there are gamblers that do try out a new one even it's uncertain.Those attractive bonuses are for real and getting their attentions. It's a part of how new casinos are getting their customers first before to build trust for having many users.
With the bonuses involved, it could mean that a gambler can only risk a smaller amount than usual in order to get the most out of their game and if ever things didn't go well like if a new casino turned into a scam, I think it's fine since many player didn't put their full trust yet and they didn't deposit bigger amounts. Many of the players that are only after the bonus can come and go, I mean they won't stick on the site, so there is also a big risk involved for the operators.
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 have a fast payout to consider in the first place. That's the goal of most of the bettors since they mostly bet for profits. Also, create some promotions that will make your new sportsbook attract a lot of customers. Bonuses will do but you should set also time limits for it as it won't be helpful at all if you give bonuses the whole time. At the end of the day, its the users who will build trust on your sportsbook throughout the year, but surely it won't happen instantly. 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.
We recently saw that a new gambling site went completely wrong on the forum. Those kinds of things happen. There are a few golden rules for gambling sites and at the top of the list I think you have to pay the players at all times if they request a balance from the site. Only then will you get a good and stable reputation. Over time, minor problems can arise about payouts, but in principle these can always be solved. if as a newcomer you already have a lot of problems with customers who don't get their payout in the beginning, you quickly get a very bad reputation and that is almost impossible to repair in the initial phase.
What site you're talkin about? Have I lost something?
Sure, payout is the first thing to lookin out if you want to be a reputable casino, it is the first thing to be guaranteed for the users, but also support is important,
users have to solve his problem with casino as fast as possible, and considering that this industry is really competitive, if you wanna open a casino this is the two
most important thing, or users will leave you to go in another platform.
We recently saw that a new gambling site went completely wrong on the forum. Those kinds of things happen. There are a few golden rules for gambling sites and at the top of the list I think you have to pay the players at all times if they request a balance from the site. Only then will you get a good and stable reputation. Over time, minor problems can arise about payouts, but in principle these can always be solved. if as a newcomer you already have a lot of problems with customers who don't get their payout in the beginning, you quickly get a very bad reputation and that is almost impossible to repair in the initial phase.
I mean obviously they just need to be legit and payout when they should. Don't lock accounts incorrectly and make it easy for people to get money in and out of theor account. Start with a small group.offer bonuses to draw people in and just be legit. It's pretty simple.
That's a good start, fast payout, and no locked accounts in question unless the reason is really valid and sites can show proof of irregularities. Sometimes, users really need to risk some of their money when testing a new sportsbook if the bonus is really catchy and interesting. Without those good promotions, users won't take a risks.
If at some point a user is really doubtful even they want to taste that good promotion and bonuses, no choice for them but to wait for more days, weeks, or months just to collect reviews from anyone to see if the site is responsive to the community.
Having an ANN thread here is a must for any new sportsbook. It was the gateway for open communication between the site and users.
Yeah definitely and need to be very responsive. Nothing is more frustrating than waiting for admin to get back, hire communication people to deal specifically with all the customer questions and requests. Not that that is the end all be all but I steer clear of any site I can't get a hold of someone in a quick manner.
Give the best service as much as you could or as best as you can and yes its pretty simple but people wont really be just look about simple release of withdrawals or something like that.
They do also look after for overall site relevance and interest that be mold up depending on what they are offering. Lets say that they are legit in terms of transactions but the games
offered isnt something that they could really get a hold of or really out of their interest which means it would really be still fail in the end of the line.
Gaining trust does involve huge time and effort and cant really be something gained without doing your best as a business owner.
They do also look after for overall site relevance and interest that be mold up depending on what they are offering. Lets say that they are legit in terms of transactions but the games
offered isnt something that they could really get a hold of or really out of their interest which means it would really be still fail in the end of the line.
Gaining trust does involve huge time and effort and cant really be something gained without doing your best as a business owner.
There are plenty of ways you can gain your credibility as a business owner , but none of them are what some people would like to call cheap. Whether thats online advertising or word of mouth advertising, cultivating a loyal following or media attention. A strong social media presence is also a way of building and maintaining trust, gaining a presence and staying visible. You do need a track record, an established track record in the industry you wish to work in. Good customer service and clear communication skills are always important as well as a positive team and inclusive atmosphere. It can be a long hard road to become a trusted name in the industry and you need to earn that reputation and trust by your actions. But, if you focus on building your reputation you will create a lasting legacy. And trust is priceless.
attain or experience which neither they would approve it out or would simply ignore since there are much more better place than on your current offering.Its a matter of risk taking as a business owner
since not all things will really come into your expectation which neither it would be a failure or success but doesnt mean that you would stop on trying.
Everyone talks about reputation, reliability, history and so on. But in fact, there is always a fairly significant percentage of brave (or greedy) gamblers who are willing to take risks and play in a new project if it offers good bonuses. So the easiest and fastest way to gain credibility and market share is to make good investments, offer bonuses and pay them fairly. I think this investment will pay off.
Now day by day it's going to be hard for new sportsbooks to have strong marketing in crypto because we have few very strong casino's and sportsbooks doing business very reliably but still we have good for new ones as well, so they need to do some very attractive bonuses and their terms and conditions are also needed to be very flexible for all users mostly new one's have issues here as someone wins big they stopped withdrawal and starting security checking or other issues which are never been ideal you have to do all things in early part of starting this all.Other things which are also working good are good bounties and signature campaigns are also having very good impact on new ones with good marketing on social media also bring some good number of users.
It is difficult to enter into any business - especially when the market is growing not at an explosive but at a normal pace and the "pie" has already been divided among the existing players. But this is just a matter of investment - if you have the capital, you can get a part of the market and even if you affect its profitability a little, this will be quickly compensated by the fact that the market is growing and you, like your competitors, will continue to make a profit.
The market is big, capital is the most important but as long as you have a good team that will manage the business, then there's a chance that the business will grow and will be able to compete. Every business starts from being a newbie in the market, but it doesn't mean they won't succeed, because if they do the right strategy, competing against the big players is always possible.
Everyone talks about reputation, reliability, history and so on. But in fact, there is always a fairly significant percentage of brave (or greedy) gamblers who are willing to take risks and play in a new project if it offers good bonuses. So the easiest and fastest way to gain credibility and market share is to make good investments, offer bonuses and pay them fairly. I think this investment will pay off.
Now day by day it's going to be hard for new sportsbooks to have strong marketing in crypto because we have few very strong casino's and sportsbooks doing business very reliably but still we have good for new ones as well, so they need to do some very attractive bonuses and their terms and conditions are also needed to be very flexible for all users mostly new one's have issues here as someone wins big they stopped withdrawal and starting security checking or other issues which are never been ideal you have to do all things in early part of starting this all.Other things which are also working good are good bounties and signature campaigns are also having very good impact on new ones with good marketing on social media also bring some good number of users.
It is difficult to enter into any business - especially when the market is growing not at an explosive but at a normal pace and the "pie" has already been divided among the existing players. But this is just a matter of investment - if you have the capital, you can get a part of the market and even if you affect its profitability a little, this will be quickly compensated by the fact that the market is growing and you, like your competitors, will continue to make a profit.
If it's all about testing the new sportsbook and they want to be tested out by the community. It will be a normal thing to do to deposit in newer sportsbook.
But if you're the type of bettor that don't have the idea if it's a new one or not, you better stay to the best bookies that you know.
Every sportsbook went through the same difficulty of being known because the start is the hardest. I think there's no secret on it as long as you know the process, marketing, building rapport to the gamblers and so on.
because it takes time to be trusted by many people. Gambling platform providers, not just sportsbooks, must go through a long process. and providing the best service, that's what all gamblers hope for.But if you're the type of bettor that don't have the idea if it's a new one or not, you better stay to the best bookies that you know.
Every sportsbook went through the same difficulty of being known because the start is the hardest. I think there's no secret on it as long as you know the process, marketing, building rapport to the gamblers and so on.
no matter whether losing or winning. when gamblers get good service, they feel comfortable and safe when playing. of course, no customers will leave.
I think any kind of new gambling casino or sports book should not focus on how to get good trust. They should only focus on giving quality service to their clients and give nice promotions who play regularly at their sites. Once people will be satisfied with their services, they will automatically recommend that sportsbook to their friends and their reputation will be built over time. If the sportsbook is honest, gaining trust among the players is not a big deal.
Everyone talks about reputation, reliability, history and so on. But in fact, there is always a fairly significant percentage of brave (or greedy) gamblers who are willing to take risks and play in a new project if it offers good bonuses. So the easiest and fastest way to gain credibility and market share is to make good investments, offer bonuses and pay them fairly. I think this investment will pay off.
Now day by day it's going to be hard for new sportsbooks to have strong marketing in crypto because we have few very strong casino's and sportsbooks doing business very reliably but still we have good for new ones as well, so they need to do some very attractive bonuses and their terms and conditions are also needed to be very flexible for all users mostly new one's have issues here as someone wins big they stopped withdrawal and starting security checking or other issues which are never been ideal you have to do all things in early part of starting this all.Other things which are also working good are good bounties and signature campaigns are also having very good impact on new ones with good marketing on social media also bring some good number of users.
I mean obviously they just need to be legit and payout when they should. Don't lock accounts incorrectly and make it easy for people to get money in and out of theor account. Start with a small group.offer bonuses to draw people in and just be legit. It's pretty simple.
That's a good start, fast payout, and no locked accounts in question unless the reason is really valid and sites can show proof of irregularities. Sometimes, users really need to risk some of their money when testing a new sportsbook if the bonus is really catchy and interesting. Without those good promotions, users won't take a risks.
If at some point a user is really doubtful even they want to taste that good promotion and bonuses, no choice for them but to wait for more days, weeks, or months just to collect reviews from anyone to see if the site is responsive to the community.
Having an ANN thread here is a must for any new sportsbook. It was the gateway for open communication between the site and users.
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.
I will tell you how I trust a sportsbook that I've never used or heard of before and you go from there, firstly the team behind that sportsbook should not hide their faces and should be available to see in the website with info about them, and of course some strong partnerships, without those a lot of people with be hesitant to gamble at least with a big capital on it, promos can also get you some users and they might trust and use your platform in the future, and I think a promo that could last for weeks or one every week can help get users to use you sportsbook very often which will make them get used it. 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.
Give the best service as much as you could or as best as you can and yes its pretty simple but people wont really be just look about simple release of withdrawals or something like that.
They do also look after for overall site relevance and interest that be mold up depending on what they are offering. Lets say that they are legit in terms of transactions but the games
offered isnt something that they could really get a hold of or really out of their interest which means it would really be still fail in the end of the line.
Gaining trust does involve huge time and effort and cant really be something gained without doing your best as a business owner.
They do also look after for overall site relevance and interest that be mold up depending on what they are offering. Lets say that they are legit in terms of transactions but the games
offered isnt something that they could really get a hold of or really out of their interest which means it would really be still fail in the end of the line.
Gaining trust does involve huge time and effort and cant really be something gained without doing your best as a business owner.
There are plenty of ways you can gain your credibility as a business owner , but none of them are what some people would like to call cheap. Whether thats online advertising or word of mouth advertising, cultivating a loyal following or media attention. A strong social media presence is also a way of building and maintaining trust, gaining a presence and staying visible. You do need a track record, an established track record in the industry you wish to work in. Good customer service and clear communication skills are always important as well as a positive team and inclusive atmosphere. It can be a long hard road to become a trusted name in the industry and you need to earn that reputation and trust by your actions. But, if you focus on building your reputation you will create a lasting legacy. And trust is priceless.
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.
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.
I mean obviously they just need to be legit and payout when they should. Don't lock accounts incorrectly and make it easy for people to get money in and out of theor account. Start with a small group.offer bonuses to draw people in and just be legit. It's pretty simple.
They do also look after for overall site relevance and interest that be mold up depending on what they are offering. Lets say that they are legit in terms of transactions but the games
offered isnt something that they could really get a hold of or really out of their interest which means it would really be still fail in the end of the line.
Gaining trust does involve huge time and effort and cant really be something gained without doing your best as a business owner.
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.
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.
I mean obviously they just need to be legit and payout when they should. Don't lock accounts incorrectly and make it easy for people to get money in and out of theor account. Start with a small group.offer bonuses to draw people in and just be legit. It's pretty simple.
Users usually build trust in a casino. Casino can build his trust by creating an efficient system of support for the user, instant withdraw, license, light site
and also a various type of game. Then, a lot of advertising and promotion also will help, I always say this because if a casino has money to spend for this two kind
of activity, it means that his bankroll and also his intention is good, if you generally don't never see promotion and advertising it means that casino isn't so good and
you absolutely should avoid it. (check also in service section if this casino has a signature campaign, it is really important).
and also a various type of game. Then, a lot of advertising and promotion also will help, I always say this because if a casino has money to spend for this two kind
of activity, it means that his bankroll and also his intention is good, if you generally don't never see promotion and advertising it means that casino isn't so good and
you absolutely should avoid it. (check also in service section if this casino has a signature campaign, it is really important).
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