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Topic: How can a new sportsbook gain trust? - page 7. (Read 1793 times)

sr. member
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It's true that honesty is the most important and in cyberspace there is no guarantee whatsoever to ensure that a sportsbook is truly honest, nothing so far has been able to confirm that. But those who become sportsbooks may have their own uniqueness, we know that in the online world there are many crimes, spending money to anyone could mean losing money, as well as putting money into a new sportsbook of course accepting all the risks.
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they already lose their reputation here and losing their gamblers as well, the owner is Irresponsible and not worth trusting nowadays.

That's a sign that soon they will go exit scam.

We have to be careful with playing on a kind of gambling site that has that problem, because that only means they don't have enough funds or bad management from the team, which for sure they'll struggle during a tougher situations.
actually it is OK if the gambling site has problem encountered , but at least they will continuously answering and providing response from their issues .

and eventually things will go into place because we understand that there are several people or team here in crypto gambling site that operates to Black mail the site if they did not manage to take the abuses .
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Activity: 2954
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they already lose their reputation here and losing their gamblers as well, the owner is Irresponsible and not worth trusting nowadays.

That's a sign that soon they will go exit scam.

We have to be careful with playing on a kind of gambling site that has that problem, because that only means they don't have enough funds or bad management from the team, which for sure they'll struggle during a tougher situations.
sr. member
Activity: 2772
Merit: 357
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I think that every sportsbook should have insurance of funds in case of a hack or something else that can happen.
Every sportsbook always have a bankroll since they need to pay their players if they win, but not all sportsbook have insurance funds to protect their players funds. I think new sportsbook wouldn't have this, if they got hacked and the hacker can stole all of the bankroll, they can just shutdown their casino and run away. They're nothing to lose and could just create another new casino.
This is one of the reasons why it's is very hard for a new casino or sportbooks to gain  trust because there are many things to fix as time goes on. The level of reputation a sportbook has could make more gamblers to have trust in it and also increase customers with time. There are many risk now in the sport and crypto industry and hack is one of the potential risk users and company owners must be aware of.
Providing security for users is one of the major aspects that could make a casino site reputable. Risks will always be there but assurance is also important for users who are also risking their funds. Providing good services such as smooth withdrawal also attracts more users. It will be a long process because reputation couldn't be gained with one click.
security from services and also security funds meaning there must be available funds in Hot wallet everytime , there are some cases we faced recently about the popular and long time gambling site here that losing funds in Hot wallet most of the time and now? they already lose their reputation here and losing their gamblers as well, the owner is Irresponsible and not worth trusting nowadays.
legendary
Activity: 3458
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It takes time to build a good reputation and its understandable if gamblers are hesitant to try new sportsbook/casino because of the doubt that it might be a scam. So what you can do is to prove that your platform can be trustworthy by providing a good service when it comes to security, withdrawal and online support. These are just some of the important factors that gamblers consider when they're playing. Offering bonus to try your sportsbook can also attract the gamblers and to experience playing on your site without requiring them to deposit first.
Usually new sportsbook try get trust from costumer or gambler by advertising and make promoting trough signature campaign on Bitcointalk forum, but usually have new sportsbook always give sign up bonus when early gambling platform launch. But most effective with new sportsbook get positive feedback from gambler how their website keep running well although have many people access and get withdraw process instant.

Running signature campaign has nothing to do with trust/reputation, those sites who think that signature campaign will give them good reputation are absolutely wrong.
Very clear example is 1xbit, they are running signature campaign but their reputation is really bad in this forum because they have so many problems.
Signature campaign is just a way to advertise the site, while trust/reputation is related to its overall services/product and it will be given by players.

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It takes time to build a good reputation and its understandable if gamblers are hesitant to try new sportsbook/casino because of the doubt that it might be a scam. So what you can do is to prove that your platform can be trustworthy by providing a good service when it comes to security, withdrawal and online support. These are just some of the important factors that gamblers consider when they're playing. Offering bonus to try your sportsbook can also attract the gamblers and to experience playing on your site without requiring them to deposit first.
Usually new sportsbook try get trust from costumer or gambler by advertising and make promoting trough signature campaign on Bitcointalk forum, but usually have new sportsbook always give sign up bonus when early gambling platform launch. But most effective with new sportsbook get positive feedback from gambler how their website keep running well although have many people access and get withdraw process instant.
To gain trust from gamblers is not as easy as we might think. Trust is not earn in a day but it takes years to work for it and the funny part is that, it can be destroyed in one day. This is the reason why why gambling platforms had lost there trust and fallen away from the reputation path. Op should try and fix it casino. Provide services that will make gamblers to come back for your casino without having to be weary of what could happen next.
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It takes time to build a good reputation and its understandable if gamblers are hesitant to try new sportsbook/casino because of the doubt that it might be a scam. So what you can do is to prove that your platform can be trustworthy by providing a good service when it comes to security, withdrawal and online support. These are just some of the important factors that gamblers consider when they're playing. Offering bonus to try your sportsbook can also attract the gamblers and to experience playing on your site without requiring them to deposit first.
Usually new sportsbook try get trust from costumer or gambler by advertising and make promoting trough signature campaign on Bitcointalk forum, but usually have new sportsbook always give sign up bonus when early gambling platform launch. But most effective with new sportsbook get positive feedback from gambler how their website keep running well although have many people access and get withdraw process instant.
That is how business get trust, the trust come through people who is patronizing the platform and what they are reporting or saying concerning the site, with the information you gathered through peoples comment is when you will stand to build trust with them, because when some said they are scammers and with small backup as a customer you will not patronize them or place your money because you will feel that your money will get lost, so accountability is what gives trust for all this site, withdrawal process and depositing process is the key, when people testify good the trust is there already
sr. member
Activity: 1428
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It takes time to build a good reputation and its understandable if gamblers are hesitant to try new sportsbook/casino because of the doubt that it might be a scam. So what you can do is to prove that your platform can be trustworthy by providing a good service when it comes to security, withdrawal and online support. These are just some of the important factors that gamblers consider when they're playing. Offering bonus to try your sportsbook can also attract the gamblers and to experience playing on your site without requiring them to deposit first.
Usually new sportsbook try get trust from costumer or gambler by advertising and make promoting trough signature campaign on Bitcointalk forum, but usually have new sportsbook always give sign up bonus when early gambling platform launch. But most effective with new sportsbook get positive feedback from gambler how their website keep running well although have many people access and get withdraw process instant.

Partnering with multiple brands is the most powerful strategy to gain customer trust. For web sportsbooks, usually work with sports teams and players. I have seen several sports casinos collaborate with football teams, succeed, the casinos are getting more and more famous and gain the trust of the players.
But it may be a little difficult for a new casino sportsbook, because it definitely requires large funds. But it will be worth what it gets
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It takes time to build a good reputation and its understandable if gamblers are hesitant to try new sportsbook/casino because of the doubt that it might be a scam. So what you can do is to prove that your platform can be trustworthy by providing a good service when it comes to security, withdrawal and online support. These are just some of the important factors that gamblers consider when they're playing. Offering bonus to try your sportsbook can also attract the gamblers and to experience playing on your site without requiring them to deposit first.
Usually new sportsbook try get trust from costumer or gambler by advertising and make promoting trough signature campaign on Bitcointalk forum, but usually have new sportsbook always give sign up bonus when early gambling platform launch. But most effective with new sportsbook get positive feedback from gambler how their website keep running well although have many people access and get withdraw process instant.
hero member
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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.
Well thats true. Its not only the basis but its a plus point if you're operating with license.

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.
It takes time to build a good reputation and its understandable if gamblers are hesitant to try new sportsbook/casino because of the doubt that it might be a scam. So what you can do is to prove that your platform can be trustworthy by providing a good service when it comes to security, withdrawal and online support. These are just some of the important factors that gamblers consider when they're playing. Offering bonus to try your sportsbook can also attract the gamblers and to experience playing on your site without requiring them to deposit first.
hero member
Activity: 1820
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I think that every sportsbook should have insurance of funds in case of a hack or something else that can happen.
Every sportsbook always have a bankroll since they need to pay their players if they win, but not all sportsbook have insurance funds to protect their players funds. I think new sportsbook wouldn't have this, if they got hacked and the hacker can stole all of the bankroll, they can just shutdown their casino and run away. They're nothing to lose and could just create another new casino.
This is one of the reasons why it's is very hard for a new casino or sportbooks to gain  trust because there are many things to fix as time goes on. The level of reputation a sportbook has could make more gamblers to have trust in it and also increase customers with time. There are many risk now in the sport and crypto industry and hack is one of the potential risk users and company owners must be aware of.
Providing security for users is one of the major aspects that could make a casino site reputable. Risks will always be there but assurance is also important for users who are also risking their funds. Providing good services such as smooth withdrawal also attracts more users. It will be a long process because reputation couldn't be gained with one click.
hero member
Activity: 2590
Merit: 650
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Quality does matter and if the community won't able to see such quality in terms of giving good service then it would really be resulting into rejection or being getting ignored because people won't really be that interested into something which haven't able to meet their preferences or expectations.

Getting trust specially for a new service or platform isn't something simple because it would be depending or composed of different factor's which you do need to meet up so that you would get such recognition.
It's not our problem if they didn't meet the expectations of many gamblers on the site that they will be introduced. If I were the owner then i'd surely meet the quality wanted by many gamblers and a 24/7 customer support if they ever wanted to ask questions, inquiries and reporting bugs. Time goes by, it will be trusted and known just like the reputable gambling sites that are known here but we can't prevent that even reputable casinos also have slight issues.
@Hamphser You're right about what you said because the crypto gambler is ready to make use of any new sportsbook that meet up with their expectations but the number thing I think a new sportsbook need to first attract user before gaining their trust which i believe was among the factors every new sportsbook must have are good UI/UX, mobile friendly, good bankroll, Active support, fairness of the game result, fast withdrawal/deposit and lower withdrawal fee.
@nakamura12 It's our problem because the OP threw the question to us so that we can advise on what they need to do.
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I think that every sportsbook should have insurance of funds in case of a hack or something else that can happen.
Every sportsbook always have a bankroll since they need to pay their players if they win, but not all sportsbook have insurance funds to protect their players funds. I think new sportsbook wouldn't have this, if they got hacked and the hacker can stole all of the bankroll, they can just shutdown their casino and run away. They're nothing to lose and could just create another new casino.
This is one of the reasons why it's is very hard for a new casino or sportbooks to gain  trust because there are many things to fix as time goes on. The level of reputation a sportbook has could make more gamblers to have trust in it and also increase customers with time. There are many risk now in the sport and crypto industry and hack is one of the potential risk users and company owners must be aware about.
hero member
Activity: 2590
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Sportsbook can't gain trust of customers easy and it needs time, maybe years for people to get familiar with some betting websites.
We have in bitcointalk forum some good examples like Sportsbet, Fortunejack or Roobet that created good reputation, and they are very active in forum.
This is the right path that is giving good results for everyone.
True, it is understandable that a new casino may like for this process to be as short as possible and to be recognized by the community as one of the best casinos that we have available in this market as soon as possible, but this is not a process that can bee shortened at all, and if anything as time has passed the more time this takes as the number of great casinos has increased, and as such those casinos need to wait and build their reputation for an even longer period of time before they can be compared to the casinos that have the best reputation in the forum.
^ There is no shortcut to gaining trust from your users, it should always be a matter of time and it could take years before you can gain trust.
The same here in the forum that we are looking always for good casinos when it comes to their services and also, a community like this will give rate to the casino of what they are and most likely it will matter of the services that they give. They cannot even buy it.
However, contest and promotion will boost their trust to increase because of course the more satisfied users the more their trust scores will increase and the last of course, zero reports of scamming users even those major issues like selectively scamming their users and take time your withdrawal will arrive in your wallet.
hero member
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Money capital in the bankroll of the casino is a must and $100k dollars is a good start in the new casino because if a player wins they can provide and they can also sustain the withdrawal of winners and through this scenario and a gambler successfully withdrawn for sure they leave a positive feedback and that's the start of a good reputation but the most important Thing is they must handle their customer well.
I do not think that $100,000 is enough as a bankroll of the casino. Even though a casino is just starting, there are some players that bets higher. They still got high rollers even though they just started. Imagine if they win a huge multiplier with $100 or up wager? I might be wrong, but I really think $100k is not enough if you want to have a thriving casino.

They will need to manage the casino to the best of their ability. Because if a casino does not have the ability to manage a big bankroll, then they have to go ahead depending on the bankroll they have. The main responsibility of a casino is to give importance to the customers, if they want to continue that casino for a long time. When a casino gets a good number of customers, they start thinking about how to increase the bankroll and make the reputation better than before.
Building reputation and trust is the main goal of any business not only on gambling industry but also in other business as well on which giving out the best in all factors as much as possible
because once you do really make the community frustrate or you dont able to hook up their attention then there's no way that you would make your business would succeed.
It all matters with the offering and the service that you do give which would really be having that seamless experience without any hassle and people are being comfortable
on staying on which this should be the primary target.
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Money capital in the bankroll of the casino is a must and $100k dollars is a good start in the new casino because if a player wins they can provide and they can also sustain the withdrawal of winners and through this scenario and a gambler successfully withdrawn for sure they leave a positive feedback and that's the start of a good reputation but the most important Thing is they must handle their customer well.
I do not think that $100,000 is enough as a bankroll of the casino. Even though a casino is just starting, there are some players that bets higher. They still got high rollers even though they just started. Imagine if they win a huge multiplier with $100 or up wager? I might be wrong, but I really think $100k is not enough if you want to have a thriving casino.

They will need to manage the casino to the best of their ability. Because if a casino does not have the ability to manage a big bankroll, then they have to go ahead depending on the bankroll they have. The main responsibility of a casino is to give importance to the customers, if they want to continue that casino for a long time. When a casino gets a good number of customers, they start thinking about how to increase the bankroll and make the reputation better than before.
legendary
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Sportsbook can't gain trust of customers easy and it needs time, maybe years for people to get familiar with some betting websites.
We have in bitcointalk forum some good examples like Sportsbet, Fortunejack or Roobet that created good reputation, and they are very active in forum.
This is the right path that is giving good results for everyone.
True, it is understandable that a new casino may like for this process to be as short as possible and to be recognized by the community as one of the best casinos that we have available in this market as soon as possible, but this is not a process that can be shortened at all, and if anything as time has passed the more time this takes as the number of great casinos has increased, and as such those casinos need to wait and build their reputation for an even longer period of time before they can be compared to the casinos that have the best reputation in the forum.
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Quality does matter and if the community won't able to see such quality in terms of giving good service then it would really be resulting into rejection or being getting ignored because people won't really be that interested into something which haven't able to meet their preferences or expectations.

Getting trust specially for a new service or platform isn't something simple because it would be depending or composed of different factor's which you do need to meet up so that you would get such recognition.
It's not our problem if they didn't meet the expectations of many gamblers on the site that they will be introduced. If I were the owner then i'd surely meet the quality wanted by many gamblers and a 24/7 customer support if they ever wanted to ask questions, inquiries and reporting bugs. Time goes by, it will be trusted and known just like the reputable gambling sites that are known here but we can't prevent that even reputable casinos also have slight issues.
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Money capital in the bankroll of the casino is a must and $100k dollars is a good start in the new casino because if a player wins they can provide and they can also sustain the withdrawal of winners and through this scenario and a gambler successfully withdrawn for sure they leave a positive feedback and that's the start of a good reputation but the most important Thing is they must handle their customer well.
I do not think that $100,000 is enough as a bankroll of the casino. Even though a casino is just starting, there are some players that bets higher. They still got high rollers even though they just started. Imagine if they win a huge multiplier with $100 or up wager? I might be wrong, but I really think $100k is not enough if you want to have a thriving casino.
The amount of bankroll of a certain casino will depend on how they operate their platform. If the owner will start a casino with just a limited amount such as 100,000 dollars, then possibly they must also prefer to limit the betting amount. However, it is a must to have a huge bankroll for a casino as there are always high rollers that will be betting high.
Also, having a good reputation will require good service whereas users will not be encountering issue especially for withdrawal. However, trust and reputation does not happen overnight so they must be patient and continue providing good service, promotion and events in the long run.
sr. member
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Money capital in the bankroll of the casino is a must and $100k dollars is a good start in the new casino because if a player wins they can provide and they can also sustain the withdrawal of winners and through this scenario and a gambler successfully withdrawn for sure they leave a positive feedback and that's the start of a good reputation but the most important Thing is they must handle their customer well.
I do not think that $100,000 is enough as a bankroll of the casino. Even though a casino is just starting, there are some players that bets higher. They still got high rollers even though they just started. Imagine if they win a huge multiplier with $100 or up wager? I might be wrong, but I really think $100k is not enough if you want to have a thriving casino.
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