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Topic: How honest and transparent are casinos? - page 11. (Read 1134 times)

hero member
Activity: 2702
Merit: 672
I don't request loans~
April 03, 2023, 04:45:16 AM
#28
I have seen several casinos with promotions where they do "drops" to thousands of people or they give bonuses to several gamblers, but how transparent is this process?

Do you think casinos are really doing these drops to 1000s of people or are they skimming from the top.... ? They might say a drop is for 2500 people, but they might only drop for 500 people and nobody will know. Yes, some of those 500 people will report that they have received the drop and it will look legit.... but is it really?

How can the gamblers verify that the actual amount of people are receiving the drop or the bonus, if there are no list to verify it? Let's discuss this.. I am curious if other people also thought about this...  Tongue
I see no reason why they would withhold said promos/rewards, I mean yes they're a pretty sizeable amount but only to us. To them, it's probably peanuts. Plus it's a marketing strategy so some thinking has gone through as to why it was x amount given to y people, it would always fall into acceptable levels for casinos (unless they're new, in which case risks are unavoidable). I've never really bothered trying to count whether they gave everything out as they said, usually it just stems to me getting it or not. It's also rather difficult since you wouldn't exactly expect a group of gamblers to have a unity of sorts, so trying to tally it would be rather hard.

Even in the case of crypto, giving it out to x amount of wallets doesn't exactly certify it's all given out, they may have made dummy accounts to recycle the money back to them. But eh, as long as I get the bonus I don't really care if they fulfill their words, if I don't, then that's just unlucky. The important part here is that they're giving out something anyway.
sr. member
Activity: 728
Merit: 421
April 03, 2023, 04:38:10 AM
#27
I have seen several casinos with promotions where they do "drops" to thousands of people or they give bonuses to several gamblers, but how transparent is this process?

Do you think casinos are really doing these drops to 1000s of people or are they skimming from the top.... ? They might say a drop is for 2500 people, but they might only drop for 500 people and nobody will know. Yes, some of those 500 people will report that they have received the drop and it will look legit.... but is it really?

How can the gamblers verify that the actual amount of people are receiving the drop or the bonus, if there are no list to verify it? Let's discuss this.. I am curious if other people also thought about this...  Tongue

I believe there are some casinos out there that are still honest and transparent irrespective of the shortcomings of other casinos. I myself have witnessed it. I have had the experience where by a casino I frequent did airdrop twice into my account with them and I gambled with it and won big time. I also made withdrawals and was approved by the casino for me to cash out. I was wondering if the casino would last long as they are a new casino running but I had to rethink because these they have done is what the gambling community wants, a open, honest and transparent casino for which are reliable and funds trusted to. So far the casino the casino is running on this platform and are recognized here.
legendary
Activity: 2240
Merit: 1993
A Bitcoiner chooses. A slave obeys.
April 03, 2023, 04:36:10 AM
#26
I have seen several casinos with promotions where they do "drops" to thousands of people or they give bonuses to several gamblers, but how transparent is this process?

Do you think casinos are really doing these drops to 1000s of people or are they skimming from the top.... ? They might say a drop is for 2500 people, but they might only drop for 500 people and nobody will know. Yes, some of those 500 people will report that they have received the drop and it will look legit.... but is it really?

How can the gamblers verify that the actual amount of people are receiving the drop or the bonus, if there are no list to verify it? Let's discuss this.. I am curious if other people also thought about this...  Tongue

How trustworthy, honest and transparent are any kind of for-profit businesses?

I think they are all about the same more or less but only as dishonest as the regulators and their customers allow them to be. Any good business owner understands the repercussions of a bad image and customer complaints. Such businesses are not hard to spot and there are always scam accusations against them from multiple sources. But it depends on the owner of the business, really. If the owner is not very serious, that will reflect on the business's image. And as I said, stuff like that is really easy to spot.

I am not sure how you could determine how many drops or bonuses they give to their customers, or whether such a process is in any way transparent but I think if the casino has a responsible owner, they will not risk their entire image over something like this.

If you are worried about trustworthy online gambling casinos, just do some research on those casinos here on this board and ask around what other people think. Once you have done your own research, you should be able to have a clear picture.

sr. member
Activity: 952
Merit: 275
April 03, 2023, 04:32:52 AM
#25
They can easily lie about this because no one is going to ask them to show proof that they send anyone the bonuses, why would anyone ask in the first place? But we can't deny that Casinos are making enough money enough to spend some money on advertising purposes or to attract more people to their companies, they can do this easily too, yet I believe that start up casinos that easily lie about everything, the most problematic online casinos are those new companies that haven't build any reputation before, it will always be easier for them to cheat, lie and defraud people if the opportunity arises.

I will always prefer old reputable gambling platforms and if I have to try a new one, they must have already started to build their reputation, don't expect me to go for a casino that just launched days ago, I will wait for few months and see how far they have come.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
April 03, 2023, 04:31:53 AM
#24
I have seen several casinos with promotions where they do "drops" to thousands of people or they give bonuses to several gamblers, but how transparent is this process?

Do you think casinos are really doing these drops to 1000s of people or are they skimming from the top.... ? They might say a drop is for 2500 people, but they might only drop for 500 people and nobody will know. Yes, some of those 500 people will report that they have received the drop and it will look legit.... but is it really?

How can the gamblers verify that the actual amount of people are receiving the drop or the bonus, if there are no list to verify it? Let's discuss this.. I am curious if other people also thought about this...  Tongue
If it's from a reputable casino, I wouldn't doubt it since they're very popular and have got the respect of the community then it is for sure that they're transparent enough that they're releasing those wins and the selection process is fair to all. That's why they've got some requirements for someone to participate in the selection because they need to address that for everyone to still have some effort in joining. As for the amount given, you can always verify that by reading the rules and how much is the actual thing that they've dropped. I know that there might no list of the eligible participants but this is what the trust comes and it depends on them if they'll release the winners but IMHO, there's really no need for it and as a community, with that casino the winners can just have some chit chat and conversation to see who claims that they've chosen as winners.
member
Activity: 812
Merit: 13
Crypto bookmaker and casino
April 03, 2023, 04:27:51 AM
#23
There is no way you can verify that because most time the give such a big estimate so that many gamblers will think that they are giving out huge sum of amount as giveaways or bonus. This is one of the bussiness techniques these casinos uses to lure gamblers to there casinos and make more money. I feel like every other casinos also do the same to promote their business to the next level.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
April 03, 2023, 04:25:24 AM
#22
I agree with you, big casinos make big profits and it's not a big deal for them to make some drops here and there. I also think that most streamers are playing with fake balances, but they also make drops, and those drops are real. I guess we can say it's all marketing... casinos with drops/bonuses/promotions/wheels are more attractive.  


I believe that some casinos are doing these drops, but those drops always come with some catch. I don't remember the last time I got some cash drop, but free spins or free bet comes from time to time depending on a site and how active I am. The trick about these drops is that casinos don't really spend all that money, if they drop $5-$10 in free spins/bets to +1000 people, most of us will just lose that on a site. Just a few people manage to cash out some money.
They are given a budget and from that budget the do the drops. It's all part of the plan. Casinos and sportsbooks want you to win as much as it's enough for them to keep you with them. Imagine you never win, you will not play again. Very simple technique to keep you busy with them.


hero member
Activity: 1652
Merit: 521
Leading Crypto Sports Betting & Casino Platform
April 03, 2023, 04:17:05 AM
#21
Same as casino control the probably fair system, to the point were the system is designed to favor the house agasint the player same way they could choose who qualify for the drop and who not, this is a standard practice for most of the casinos.
There is no fair casino system for gamblers because the system is designed to win the house and make the gambler lose so what kind of fair casino system do you say?
The system is designed to be able to choose who is eligible to lose and who will win. Obviously, this means that the system is running to choose one party and can this be said to be fair, friend.
Yes, maybe this is one of the practices carried out by most casinos, but actually gamblers don't need to think too much about whether they are fair or not, because no gambler knows what actually happens regarding the justice system of a casino.
It's better to gamble for fun and to enjoy all the games we can play guys.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
April 03, 2023, 03:52:58 AM
#20
Does it have to be transparent?
The casinos decide what to do with their own money and who to give bonuses to. They want to make more money, who are we to judge them? Grin The gambling businesses aren't charity foundations, after all. They don't have any social and moral obligations(sad, but true).

It is true that casinos are privately owned, not charitable institutions, but you are forgetting something very important:

even if you have a company, be your company 100%, when you go public and say the following:

" we will give 100$ bonus to 5000 people "

from the moment you said that, you have a moral obligation to fulfill what you promised, it doesn't matter if the casino is yours, you promised and you must fulfill what you promised, unless something serious happens that prevents you from fulfilling that promise so in this case you need to go public and say that you are no longer going to give that bonus for reasons X and Z.

now when you come to the public and promise 100$ bonus to 5000$ people and then you only give bonus to 500$ and don't tell people that only 500$ got bonus then you become a damn liar and it won't take even much time to make you scammers, because that is the attitude of a scammers, a serious and honest company would not do that kind of thing, a serious and honest person would not do that kind of thing. it's wrong to come and promote to give things to a certain number of people and then give a small number of people and lie that you gave to everyone

There's no point giving away money and bonuses to new players, who might play once or twice and leave the casino after a while.

bonus is a way to get people to play more at the casino, the problem is that currently there are too many casinos, so people can play today at casino X, not like it and move to casino Z. but this is a long subject , that I would have to write a lot about what I think about it, but in a few words the sign-up bonuses are no longer very attractive to keep customers in the casino for a long time, many new casinos do not have many resources when they are launched, so the only thing what is interesting are just the bonus and if there is a high requirement to claim the bonus then it will not make sense for the customer to remain in the casino
hero member
Activity: 700
Merit: 541
Bitcoin Casino Est. 2013
April 03, 2023, 03:49:18 AM
#19
~~~
How can the gamblers verify the actual amount of people receiving the drop or the bonus if there is no list to verify it? Let's discuss this. I am curious if other people also thought about this...  Tongue

Even if they decide to publish a list for everyone to see how would you confirm that the list was not made up?
The whole casino business works on trust the same we the bank work, everyone just hopes that they won't try to scam us (at least the ones that have a high reputation, not those new scam casinos everywhere ).
And since we are dealing with the finance of other people it won't be reasonable to expose that to the public, having to complete KYC was a bit of a hassle for some people not to imagine sharing their balance in a casino with the. Public.
member
Activity: 269
Merit: 37
🍀🍀🍀
April 03, 2023, 03:33:38 AM
#18
it really doesn't matter how many people they give bonuses too.

they make sure that nobody gets out with it.

this is why they put impossible wager requirements on them.

and therefore they really don't need to lie about it.

it is just a bit of lure to attract new players is all.
legendary
Activity: 3276
Merit: 2442
April 03, 2023, 03:33:27 AM
#17
Every business has its secrets. You can’t expect the casinos to be 100% transparent with what they do especially if this is a KYC-enabled casino we are talking about. I’ve seen casinos locking up user accounts without a valid reason before and when you ask them why, they say they can’t tell you the reason… But like I said this almost only happens with the KYC-enabled casinos. The moment you send them your passport scan, you are in their hands and they can come up with all the excuses to seize your money.
hero member
Activity: 742
Merit: 633
April 03, 2023, 03:33:01 AM
#16
There's no way to know it because transaction inside the casino isn't recorded on blockchain, it's their own system and we can't verify it. The casino can upload an image if they were done the distribution, but remember how the current technology where we can easily manipulating an image by using photoshop isn't? The only way to verify it if the casino ask every users address, it's recorded on blockchain and we will know if they're distribute to every gamblers or not.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
April 03, 2023, 03:24:56 AM
#15
I have seen several casinos with promotions where they do "drops" to thousands of people or they give bonuses to several gamblers, but how transparent is this process?

Do you think casinos are really doing these drops to 1000s of people or are they skimming from the top.... ? They might say a drop is for 2500 people, but they might only drop for 500 people and nobody will know. Yes, some of those 500 people will report that they have received the drop and it will look legit.... but is it really?

How can the gamblers verify that the actual amount of people are receiving the drop or the bonus, if there are no list to verify it? Let's discuss this.. I am curious if other people also thought about this...  Tongue

Some casinos are very transparent about it.It shows such transaction in the form of a tip for example in the Stake casino while I am playing casino slots I have the habit to keep the chat open and as they promise they give random rain drops to Platinum VIP-s there and I can see the transactions as it shows there in the form of a tip from a moderator to that person.I have no way to verify further the internals but I think this is enough to judge if a casino is not lying to us and what furthers makes me believe it,is the weekly bonus and monthly bonus which all member from the first level of VIP and on.
legendary
Activity: 3248
Merit: 1179
April 03, 2023, 02:25:30 AM
#14
It's hard to tell which is true and which is hoax. But Casinos and Sportsbooks make enough money to spend that seems huge to us and for them it's peanuts. Only someone who owns a successful gambling business can tell us the truth but I bet they are not going to tell their secrets in a public forum. One thing is 100% sure which is when you see the streamers are betting hundreds of dollars and losing hundred thousands of dollar in a live session, are all faked.

Usually the casino and these streamers have a deal. They give the streamer fake balance and streamers show off his gambling stakes. It's win-win for both casino and streamer. Streamer receives attention and increase followers on their channel, the casino receives exposures for it's name.

I agree with you, big casinos make big profits and it's not a big deal for them to make some drops here and there. I also think that most streamers are playing with fake balances, but they also make drops, and those drops are real. I guess we can say it's all marketing... casinos with drops/bonuses/promotions/wheels are more attractive.

I believe that some casinos are doing these drops, but those drops always come with some catch. I don't remember the last time I got some cash drop, but free spins or free bet comes from time to time depending on a site and how active I am. The trick about these drops is that casinos don't really spend all that money, if they drop $5-$10 in free spins/bets to +1000 people, most of us will just lose that on a site. Just a few people manage to cash out some money.
legendary
Activity: 2436
Merit: 1104
April 03, 2023, 02:24:38 AM
#13
I am always sceptical about this too but I think there's really no way to know unless, as you said, they give a list to verify that they actually gave "drops" to thousands of people or gave bonuses to several gamblers. I guess we just need to take them for their word especially when it comes to big casinos that have a reputation to protect since scandal like faking their "drops" could stain their reputation and would not be good for their casino.
hero member
Activity: 1204
Merit: 545
April 03, 2023, 02:19:13 AM
#12
The question of transparency in gambling establishment promotions is a legitimate issue that merits further examination. With the ongoing progress of technology, numerous inventive approaches can be employed to tackle this challenge.

One feasible solution involves the utilization of random number generators, which can guarantee impartial and transparent distribution of promotions. RNGs employ algorithms to generate random digits, which, in turn, can be applied to choose promotion beneficiaries without bias.

Another promising resolution is the adoption of blockchain technology, offering an unalterable record of all transactions and promotional activities. By capitalizing on the transparency and responsibility inherent in blockchain, casinos can ascertain equitable distribution of promotions and eliminate any possibility of illicit skimming.
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
April 03, 2023, 02:08:47 AM
#11
I mostly got bonuses when i done my account zero mean losed all, then after some times a message popups you got "rain" for crash reaching 100x, you got "rain" for x user won 1 million,
The bonus I got last was when I registered on a local gambling site and the bonus was 100% of the money I deposited, although the bonus was splitter into 10 different money which was 10 divided by the money that I deposited. I can use each to bet and it can expire after 7 days that I was given. I gamble and won but I was given the bonus. One thing about bonus is that they can have stringent rules that may discourage some people to use it, or not to use it in a way that can profit them.
full member
Activity: 448
Merit: 223
April 03, 2023, 02:03:42 AM
#10
I mostly got bonuses when i done my account zero mean losed all, then after some times a message popups you got "rain" for crash reaching 100x, you got "rain" for x user won 1 million,
and don't know about big players but, when i was winning then at that time i don't got bonuses, and also sites like stake, bcgame all give rains "rain" to those people who are active on chats,
the casino no making any loss in giving bonuses , like palyers stay active on chat then they get distracted from there game and bet without concentrating and  lose in the last.
i think big sites are genuinely give bonuses because they and all know the power of a common men if anyone doubted that and made an video on youtube with proof then their brand image will get bad in front of us , so why they will fake bonuses,  but i am skeptical about small new site who just tell that x number of users won bonuses worth $1000, to promote their site more.
after all bonuses are so small like cents or some 1 or 2 dollars which is after all going to there pocket,
hero member
Activity: 1974
Merit: 534
April 03, 2023, 02:02:40 AM
#9
I have seen several casinos with promotions where they do "drops" to thousands of people or they give bonuses to several gamblers, but how transparent is this process?

Do you think casinos are really doing these drops to 1000s of people or are they skimming from the top.... ? They might say a drop is for 2500 people, but they might only drop for 500 people and nobody will know. Yes, some of those 500 people will report that they have received the drop and it will look legit.... but is it really?

How can the gamblers verify that the actual amount of people are receiving the drop or the bonus, if there are no list to verify it? Let's discuss this.. I am curious if other people also thought about this...  Tongue

These drops are not really that big compared to the average amount a gambler spends at a casino in a month. You can look at it as form of rake back from the casino and almost all the big casinos are offering these days. During the covid lockdowns we had a big boom in the online gambling industry and casinos needs to be competitive to attract new customers and maintain their gamblers. In my opinion these drops are legit and I haven't heard otherwise. Also most casinos have a chat window where you can actually see which players get the drops. For the casino it's a form of advertising and the players can't withdraw that money. For example at one poker casino where I play regularly, the give every gambler daily a 0.25 USD tournament ticket. You have to play with it and even when you win you can't withdraw that money, you need to play with 3x the amount you won before being eligible to withdraw. That is a great system as it increase the number of games at the casino and doesn't hurt much the profitability of the casino.
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