How Gambling companies can get more users to deposit. - page 13.

Davidvictorson

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Quote from: fiulpro on July 13, 2022, 11:48:00 AM

This is certainly something that the Gambling companies do have to look into since this will go long way, thus changes needs to be made, What do you think, how important this option is for you?

We live in a fast-paced world. I'd stay loyal to a gambling site where withdrawal doesn't take forever to get to me. I remember a casino here that got a bad reputation because of slow withdrawals and other issues. I generally avoid gambling sites that ask for KYC. An unpopular opinion I may add is that having great customer service is also key. Great customer service means customers' issues are resolved swiftly and they are satisfied. This would make them return and even make more deposits.

blue_hurricanger

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Quote from: Silberman on July 14, 2022, 12:26:30 PM

Quote from: Reid on July 13, 2022, 12:16:41 PM

A wide range of payment options is always important to any business that relies on money spending. It's the same with online stores and food delivery companies. They must have the variety of options to pay as sometimes there will be a problem with one so they must have an alternative.
Last month I experienced this kind of problem in a MMO game where I am trying to buy something using my debit card but it won't be accepted by their system even when I tried 10 times.
I tried another card which belongs to my wife and it all went smoothly.
A player/gambler must always have his option to pick not just for their privacy but also for convenience.

Correct, accepting a great deal of payment options is critical for any business, because if they do not accept a form of payment then they will lose customers against other businesses which do so, giving those other businesses a massive competitive advantage without incurring in any additional costs, so it is not surprising that for casinos the same logic applies, which is why at the earlier stages of this market most casinos only accepted bitcoin but as time passed more and more coins are now accepted at those casinos.

Same for tourism. Most sellers or businesses in the tourist hot spots will take in almost any kind of currency or at least, direct you to the closest place to exchange it. Offering every kind of depositing and withdrawal payment option is the first step to attracting customers as it was the way to encourage spending, in and out. Perhaps gambling companies start to see their lack of those are the biggest obstacle and will start to address it properly from now on thanks to the report.

qwertyup23

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Quote from: fiulpro on July 13, 2022, 11:48:00 AM

This is certainly something that the Gambling companies do have to look into since this will go long way, thus changes needs to be made, What do you think, how important this option is for you?

I think this poll is more focused on the withdrawal options rather than safety- which I think the latter is more important above the rest.

While a wide choices withdrawal options may be the preferred feature in which gambling companies are chosen, personally, I would prefer that such website has an active customer service system where you can instantly get talk to them in case of a problem. With this kind of feature, not only the player is coated with security but it also gives it the peace as it relieves the gambler from anxiety in waiting for the response.

Silberman

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Quote from: Reid on July 13, 2022, 12:16:41 PM

A wide range of payment options is always important to any business that relies on money spending. It's the same with online stores and food delivery companies. They must have the variety of options to pay as sometimes there will be a problem with one so they must have an alternative.
Last month I experienced this kind of problem in a MMO game where I am trying to buy something using my debit card but it won't be accepted by their system even when I tried 10 times.
I tried another card which belongs to my wife and it all went smoothly.
A player/gambler must always have his option to pick not just for their privacy but also for convenience.

Correct, accepting a great deal of payment options is critical for any business, because if they do not accept a form of payment then they will lose customers against other businesses which do so, giving those other businesses a massive competitive advantage without incurring in any additional costs, so it is not surprising that for casinos the same logic applies, which is why at the earlier stages of this market most casinos only accepted bitcoin but as time passed more and more coins are now accepted at those casinos.

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Having more options is lovely, but with it comes complications on the gambling platform's side which will, in turn, cause some routine downtimes in order to ensure that everything is working properly and that no loopholes are present that could potentially affect the service. Personally I don't mind having fewer options on withdrawals so long as this part of the platform has a 100% uptime when I needed it. It might just be new user preference to look for tons of options for withdrawal before they start making a deposit, but after some time they'd just stick to what's convenient and will not exhaust the options provided to them.

Pierre 2

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I think results seem quite obvious with this. Whenever I see online casino or gambling website I tend to check comments about user experience. And if users are repeating "they do not send my money" or "they do not let me withdraw my money". Its red flag. Paypal is obviously safest greatest option there (even though its just literal monopoly).
When I check statistics about how long does it take, i was bit surprised to see people are still using websites taking more than 24 hours to withdraw. Its insane! 24 hours is not even good in this age, how can you guys be ok with 3 days waiting? Jeez.

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Quote from: crwth on July 14, 2022, 10:28:55 AM

I think it's always going to be the case. Imagine spending/cutting so much from your winnings because of withdrawal fees? That's going to be a deal breaker if you found something that would lessen the amount being deducted from your planned withdrawal amount? I do not think people will change their casinos for a second unless they have found something better, right? That could be this factor, though.

Withdrawal fees have been a struggle for crypto gamblers so it's something that I usually check in picking a casino site. I prefer casino sites that don't cut too much on winnings because there are casinos that always cut higher than the actual withdrawal amount which is disappointing. Faster withdrawal and lower fees are advantages for me.

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Quote from: ShowOff on July 14, 2022, 10:40:34 AM

^

I absolutely agree with you. I am quite sufficient to withdraw funds from the gambling site in cryptocurrency, as I do not want to provide my credit card to third parties unnecessarily. If there is a need for fiat currency or cash, today you can exchange it very quickly and no one can know that you won these funds while gambling.

ShowOff

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Quote from: fiulpro on July 13, 2022, 11:48:00 AM

Which necessarily improved when the Gambling platforms had more withdrawal options, things Like: PayPal, Debit Card, Online Gambling, Cash app, Gift card etc. Having the freedom of having so many options improved the players willing to deposit money by almost 49%!!

This is certainly something that the Gambling companies do have to look into since this will go long way, thus changes needs to be made, What do you think, how important this option is for you?

The first option I can think of about withdrawals is that crypto based gambling platforms are not obligated to provide more withdrawal options to various fiat currencies but they should probably provide some easy and cheap and fast crypto withdrawal options. More withdrawal options might be good but if it's in fiat then I don't think it's mandatory as I'm not going to link my bank account to a site just to make a withdrawal.

I think it just depends on how the users maintain their privacy, and if in fact they are more concerned with privacy then I believe crypto withdrawals are still better than fiat.

crwth

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I think it's always going to be the case. Imagine spending/cutting so much from your winnings because of withdrawal fees? That's going to be a deal breaker if you found something that would lessen the amount being deducted from your planned withdrawal amount? I do not think people will change their casinos for a second unless they have found something better, right? That could be this factor, though.

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Quote from: fiulpro on July 13, 2022, 11:48:00 AM

This post is based on the article published on the source: Source

The source explores how around 49% of the users would deposit more money based on better withdrawal options. Apparently, the survey conducted by US firms explored various areas that stands really important for people.

The key import things in there were :
1. Choice
2. Experience
3. Privacy
4. Preference

They explored a new idea where having a player, having a traffic doesn't necessarily mean that the site got a new player, they generally didn't account it for until and unless they have made a ' Deposit '

Which necessarily improved when the Gambling platforms had more withdrawal options, things Like: PayPal, Debit Card, Online Gambling, Cash app, Gift card etc. Having the freedom of having so many options improved the players willing to deposit money by almost 49%!!

This is certainly something that the Gambling companies do have to look into since this will go long way, thus changes need to be made, What do you think, how important this option is for you?

Winning is the main goal of gamblers so withdrawal is an important feature that they look up on a gambling site. Less hassle withdrawal and faster transaction has an edge and could really make gamblers stay. People always want the convenience that's why most gamblers prefer crypto gambling over fiat. Instant withdrawal can raise the trust rate of a certain site.

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Quote from: Kasabus on July 14, 2022, 08:15:00 AM

That's right, more option is better when it comes to deposits, but the most important is instant withdrawal.

I have not gambled in fiat casinos but in crypto casinos, I can only name few of the gambling site that has an instant witdrawal, and some does not even charge a withdrawal fee that's why I can say that they are attracting gamblers and have improve their reputation.

What does instant withdrawal mean? I think that if we are talking about small amounts, then the withdrawal is done automatically and the speed can be really instant, but if we are talking about serious amounts, then the withdrawal is always done manually. The casino must make sure that the account is managed by you (and not fell into the hands of scammers) and you withdraw money to yourself. Unfortunately, this is usually associated with KYC procedures.

Despairo

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The reason why gambling companies get money everyday is gambling itself is already addicted, so anyone will interested to double their money in short time.

Quote from: Doell on July 14, 2022, 08:46:40 AM

That option for me personally is very important, somehow I also often make deposit without seeing if there any bonus offered at that time, Choice Experience Privacy Preference is a point that can attract old gamblers too. Most importantly experience and privacy, regarding the choice of wallet for my personally not so important because only 6 or 7 wallet is more than enough.

Lol, using many kind types of wallet doesn't increase your privacy and you don't need to have experience in every wallets since most of wallets doesn't even support RBF, CPFP and lightning network features. I think those kind advanced features are very needed for better experience, rather than knowing different wallets because of the different design only.

Privacy is more complicated to discuss because you're need to use decentralized exchanges, Tor network and Bitcoin mixer.

AicecreaME

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Quote from: fiulpro on July 13, 2022, 11:48:00 AM

This post is based on the article published on the source: Source

The source explores how around 49% of the users would deposit more money based on better withdrawal options. Apparently, the survey conducted by US firms explored various areas that stands really important for people.

The key import things in there were :
1. Choice
2. Experience
3. Privacy
4. Preference

They explored a new idea where having a player, having a traffic doesn't necessarily mean that the site got a new player, they generally didn't account it for until and unless they have made a ' Deposit '

Which necessarily improved when the Gambling platforms had more withdrawal options, things Like: PayPal, Debit Card, Online Gambling, Cash app, Gift card etc. Having the freedom of having so many options improved the players willing to deposit money by almost 49%!!

This is certainly something that the Gambling companies do have to look into since this will go long way, thus changes needs to be made, What do you think, how important this option is for you?

I agree.

Gamblers are sophisticated when it comes to their money, they value it the most because it is the key to their happiness, they can't play gambling if they don't have it so obviously they will always look for a better gambling site that will provide the things they need, especially the withdrawal thingy.

Having no hassle in withdrawals with a wide range of choices will indeed catch players attention, because there's so many cases already of gambling sites not granting players money withdrawal, the worst case scenario is their account has been frozen because of withdrawing large amount of money, and nobody wants that.

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Quote from: fiulpro on July 13, 2022, 11:48:00 AM

This is certainly something that the Gambling companies do have to look into since this will go long way, thus changes needs to be made, What do you think, how important this option is for you?

As far as i know the gambling industry has many options they can do to bind their users especially in games and deposits, the options you say have some point but other options also have a point.
For example:
• the bonuses they offer mainly in deposit options.
• Withdrawal and deposit features are also important, to make it easier for users to deposit and withdraw funds.
• the games they advertise are also factors that influence users to deposit and play, usually those who are addicted to certain games, they will do anything to be able to play and deposit.

Maybe, if mention that many gambling companies have ideas to attract users, the point is that trust in online gambling sites can also influence users to make deposits.

Doell

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Quote from: fiulpro on July 13, 2022, 11:48:00 AM

What do you think, how important this option is for you?

That option for me personally is very important, somehow I also often make deposit without seeing if there any bonus offered at that time, Choice Experience Privacy Preference is a point that can attract old gamblers too. Most importantly experience and privacy, regarding the choice of wallet for my personally not so important because only 6 or 7 wallet is more than enough.

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Quote from: Peanutswar on July 14, 2022, 05:36:54 AM

Based on my experience the reason why I make a play or deposit with the gambling casino is because of their security of course as a user I want to make sure that my information is secured and protected, it is ideal without KYC too for keeping anonymously. Next are the promos which have a lot of in favour with the players such as the increasing of the odds and the promos and perks for their active players.

what is the reason while gambling casino site usually ask for kyc verification. I think it is for the betterment and the security purpose of the player, I know quite well and the long that many people has been depositing to casino gambling sites without the government of kyc security and it turns good for them it is of this new companies who are the demandful KYC verification and i believe with KYC and without KYC someone can deposit and also have it's funds

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That's right, more option is better when it comes to deposits, but the most important is instant withdrawal.

I have not gambled in fiat casinos but in crypto casinos, I can only name few of the gambling site that has an instant witdrawal, and some does not even charge a withdrawal fee that's why I can say that they are attracting gamblers and have improve their reputation.

fiulpro

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Quote from: Agbe on July 13, 2022, 12:59:12 PM

Quote from: fiulpro on July 13, 2022, 11:48:00 AM

How Gambling companies can get more uses to deposit.

First of all please, is it uses or users? I read the topic for more than 3 times before I understand the subject. Then coming to the content of the article. As for me it is very bad for the company not to reorganize new signed up users in the site until they made a deposit. That is bad. Although it might be good for some people with their personal reasons. As for me. As a system they have to reorganize all registered users both active and inactive. With that they would sort out the once that are active that are causing the traffic on the site, then the once that are not active, then encourage them to participate in their games, because as a casino the total number of users needed are unlimited. Because it is a business firm. Like I am not participating in some of the gambling sites I registered but they still reorganize me as their customer and they send me messages to participate. There was casino company that even sent me $1 bonus to participate and I did and won $4.

Everyone makes slight mistakes sometimes while writing, especially when you forget to wear your prescription glasses, didn't need to be pointed out since I do check my posts every once in a while and if there is something wrong, I do edit them timely.

Quote from: Peanutswar on July 14, 2022, 05:36:54 AM

Based on my experience the reason why I make a play or deposit with the gambling casino is because of their security of course as a user I want to make sure that my information is secured and protected, it is ideal without KYC too for keeping anonymously. Next are the promos which have a lot of in favour with the players such as the increasing of the odds and the promos and perks for their active players.

Then you should definitely check out Blackjack.fun ! The platform does not require any KYC, plus there are loads of new things that you can do as well, they do have numerous promos and offers as well therefore I do believe it would be a great thing to start, so is roobet and duelbits, I do like these platforms as well, Till now I haven't Gambled in any platform requiring KYC.

Quote from: nullama on July 14, 2022, 02:43:34 AM

One of the best ways to make people deposit would be a promotion where they get paid a bonus for depositing.

As a second item, as said in OP, I think the ability to withdraw to different platforms would be interesting to people. But to be honest I think the vast majority of users will only care about withdrawals when they already deposited, so a promotion bonus would be better in the end.

Getting paid for depositing is something else, some casinos asks you to deposit a certain amount before withdrawing as well, which I do believe is not an ideal situation for me personally.
Many casinos have competitions as well that you can participate in but you can only Gamble with the money because:
1. They need to have a certain amount of balance before withdrawing
2. You need to make a deposit first to withdraw
This is something that I personally don't like.

GigaBit

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Casino or gambling platform to increase their market value as well as deposit then first should look at their advertisement. Generally we know "the more advertisements the more clients". One of the favorite advertisement platform would be this forum. They can keep their signature on this forum and if it continue for long term then it will take the attention by the users. Authority should try to make their gambling platform unique. Increasing the deposit system through different types of crypto will make it better for the users. Withdrawal system should be very simple and quick. In addition, sometimes they have to pay other bonuses including deposit bonus. If these things are taken seriously then the deposit will certainly increase of any casino or gambling platform.

Topic: How Gambling companies can get more users to deposit. - page 13. (Read 3808 times)