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Topic: How honest and transparent are casinos? - page 2. (Read 1096 times)

legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
Personally, I pay very less attention to bonuses. Provided the casino is honest enough to give me my winning and they don't do any shady things with my account or fund them I'm cool. I only use casinos I trust.

There's actually no way to know if they actually keep their word but I believe it's just a marketing strategy.  They may actually give to some customers as you said and I also believe they will give to their regulars. Casinos make a lot of money so giving out bonuses to their regulars shouldn't be an issue for them because that money is just peanuts compared to what they make daily.
Even if they were giving away money, as you said, it wouldn't really cause them any harm as they probably make way too much profit and give away only a very small portion of it to the gamblers, but, they don't really give away money. It could be called money if it was cash balance given and was withdrawable without any requirements.

But bonuses aren't money and shouldn't be considered that, they are just bonuses or you could say, are chances given to players so that they can try and win some money with it, if they fail, it's gone, and even if they succeed, there are certain conditions to be met before they can cash it out.
Gota love the mind games in gambling bonuses, am I right? On the surface, they're like a big casino bear hug, rewarding us for sticking around. But scratch beneath the glittery surface, and it's a whole other story – they're manipulating us to keep coming back for more.

These bonuses don't just fall from the sky, folks. They're cuningly cooked up to tug at our heartstrings (and wallets). The sweet-talking offers, the sneaky fine print – it's all engineered for maximum psychological impact.

But even with all the mind-bending, who can resist the adrenaline rush of a bonus? Racing to meet the wagering demands or dreaming of that life-changing win, it's undeniable that bonuses give gambling that extra shot of pizzazz.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
Personally, I pay very less attention to bonuses. Provided the casino is honest enough to give me my winning and they don't do any shady things with my account or fund them I'm cool. I only use casinos I trust.

There's actually no way to know if they actually keep their word but I believe it's just a marketing strategy.  They may actually give to some customers as you said and I also believe they will give to their regulars. Casinos make a lot of money so giving out bonuses to their regulars shouldn't be an issue for them because that money is just peanuts compared to what they make daily.
Even if they were giving away money, as you said, it wouldn't really cause them any harm as they probably make way too much profit and give away only a very small portion of it to the gamblers, but, they don't really give away money. It could be called money if it was cash balance given and was withdrawable without any requirements.

But bonuses aren't money and shouldn't be considered that, they are just bonuses or you could say, are chances given to players so that they can try and win some money with it, if they fail, it's gone, and even if they succeed, there are certain conditions to be met before they can cash it out.
full member
Activity: 188
Merit: 156
10th Anniversary of Bitcointalk.org Nov 22 18:04
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
Check it probably still impossible, but there are casinos for which these drops are an insignificant loss, so I think there is no point in cheating, and to get the drops need a good turnover - which is profitable for the casino, so if the casino says 2.500 activation, then so it is - why he trifle Roll Eyes
hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
I agree that transparency is essential for any online gambling website. Players want to know that they have a fair chance of winning, and that the results are not being manipulated in any way. It's good to hear that some reputable casinos are being transparent about their bonus programs and events. However, as was mentioned earlier, some of new casinos may not have a reputation yet, and it can be difficult to know if their bonus programs are fair and transparent. And also, some influencers and streamers may not be providing real or trusted results. That's why it's important to look for influencers and streamers who have a reputation for honesty and transparency, and who are not just in it for the money. Reading reviews and doing some research can help you avoid any potential scams or rip-offs.

casinos that are already popular will definitely be more transparent to all their customers and always give their best for the reputation that has been built long ago.
regarding new casinos that are not transparent with customers there is a possibility that they just want to draw attention from some big bonus that is distributed but not according to what is said and the customer only believes that it is distributed according to what the casino says.
but it's hard to see how transparent a casino is to its customers in terms of distributing bonus prizes at certain events and I think choosing a casino that is already popular and has a good reputation, it's best to be clear transparent to its customers.
legendary
Activity: 2366
Merit: 2054
However, as was mentioned earlier, some of new casinos may not have a reputation yet, and it can be difficult to know if their bonus programs are fair and transparent.
The only way to know if they pay the bonus is to try that casino, but of course, we will face doubt. It's okay if the new casino doesn't require KYC, we can try the casino if just register the username, spend a little money, try to get winning, and know if they pay the bonus. but it's hard to find something like that because Legit Casino today always requires for KYC.

So, the other way to know if they pay the bonus is by reading the preview, and the honest preview we can read is the bitcointalk forum.
legendary
Activity: 2940
Merit: 1083
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 think there's technically no way for users to know that real deal about that.

I'm more of will just rely and depend on the site's reputation and believed they won't do some crappy things about that.

Not unless the site themselves will show a way to at least prove the fairness.
hero member
Activity: 742
Merit: 529
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?

Transparency amongst casinos is a key component to building trust and good reputation from the gamblers, hence every gambler is desperate to make use of those casinos they feel have a good level of transparency.

If we should critically look into this matter it could be discovered that one out of five casino's maintain a considerable level of transparency about their bonus offers while the rest are only camouflaging in the bid to attract more customers. And that's why it's recommended that every gambler should take in the time to do checks reviews and search for necessary informations about any potential online casino he wants to make use of. With this narrative put in place many casinos may risk low clientage and promotion, by that, transparency will be giving a serious attention than it's currently does among casinos.
hero member
Activity: 1428
Merit: 931
🇺🇦 Glory to Ukraine!
I agree that transparency is essential for any online gambling website. Players want to know that they have a fair chance of winning, and that the results are not being manipulated in any way. It's good to hear that some reputable casinos are being transparent about their bonus programs and events. However, as was mentioned earlier, some of new casinos may not have a reputation yet, and it can be difficult to know if their bonus programs are fair and transparent. And also, some influencers and streamers may not be providing real or trusted results. That's why it's important to look for influencers and streamers who have a reputation for honesty and transparency, and who are not just in it for the money. Reading reviews and doing some research can help you avoid any potential scams or rip-offs.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
Not sure if they are legit or truly giving it away but the problem is that they are gathering players from this style and yes there are almost every gambling site gives this kind of information and luring.
how I wonder that would be the actual reaction of each players that they think being fooled on that way, because for me there are no assurance if this is right and true.
so don't fall into promises instead make sure you are dealing with honest site and not just to lure and run .
I think casinos with a good reputation don't really have anything to prove since everyone knows that they do pay the bonuses, etc. that they promise but the platforms that are relatively new in the market are probably questioned for not being honest enough with their customers.
Along with good casinos there are some scam projects in the market where it is their job to cheat the gamblers. There are others some schemes that try to make foolish to the gamblers with various conditions. However, there are good and reliable gambling sites that are ready to provide maximum benefits to the gamblers. But everything is depends on which site a gambler chooses. Since there are many competitors in gambling market, those who enter the market with good intention always try to be honest and transparent to the gamblers.
hero member
Activity: 1736
Merit: 589
Reputable casinos wouldn't be so wise to do skimp on rewards as they know the most how these things retain and entice customers. If they're found to be cheating on the very thing that keeps most players in their site, you can bet your sweet bippy that everyone will just start flocking towards their competitor. The casinos know this much, and so if you think the casino you're playing with is doing this, then maybe you should rethink your choices and switch! Loyalty is very rarely rewarded in this industry anyway  so it wouldn't hurt to switch to a different bookie, a different site, or a different casino. If it's going to give you the peace of mind that the casino's not pulling tricks on you or whatnot, then a switch is most necessary.
hero member
Activity: 2562
Merit: 659
Dimon69
There are reputable casinos that aren't afraid to show off how their bonuses and events draw run. They do it through live streams or post the winners in their community. When it comes to new casinos, I don't think streamers are reliable or even providing real or trusted results because they can fake it since they are being paid and their main goal is to promote the casino to attract more players. New casinos would fake even their transparency to gain the trust of most players.

Duelbits is one of the few reputable casino that always deliver a fair and transparent draw to all their giveaway. They always announce their winner to the public same with their grand event like Christmas and Easter Giveaway that always being drawn live with the use of livestream. In fact there’s already some user here that manage to win on live draw on previous giveaway.

I encounter casino that do the shady draw for the result and most of them are just new or they don’t have a decent number of players that makes them so pathetic to cheat their own giveaway.
full member
Activity: 1708
Merit: 126
I rarely take part in bonus programs, but it is important for me that the draw is fair. The prizes were small, but they were credited in full, and it's cool, it's like a small deposit bonus. Most often,new casinos launch a lot of promotional companies and it is impossible to track their transparency, since the project does not yet have a reputation and only live reviews can prove it.

Yes, that's why some new casinos hired influencers so they can be promoted in different channels that might help them to have users. Before , I heard there are some twitch streamers who promotes some gambling activities . Transparency must be one of the main thing that an online gambling website should focus , no gambler wants to be cheated of course.

There are reputable casinos that aren't afraid to show off how their bonuses and events draw run. They do it through live streams or post the winners in their community. When it comes to new casinos, I don't think streamers are reliable or even providing real or trusted results because they can fake it since they are being paid and their main goal is to promote the casino to attract more players. New casinos would fake even their transparency to gain the trust of most players.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
Exactly. No matter how big or small the money in the casino owner's pocket is, if they plan to cheat and take advantage of the customers they have, they'll do it regardless of the status and the reputation of their casino. Although of course, it still is a good rule of thumb to only choose casinos with a large treasury for other reasons such as fast and safe withdrawal and such. But I digress, there are very little chances of Casinos, especially ones that are reputable enough to garner a wider range of audience to cheat on their players. That's just a recipe for failure in my opinion and would equate to them losing their playerbase when found that they are indeed committing these crimes.
There is not much of a reason for a casino to do this, even if a casino owner thinks they can away with cheating their customers, someone will find out this information and then everything they have worked so hard for will disappear, as gamblers will immediately think that if a casino owner is willing to cheat them in this way then they will think about the many different ways in which the casino can cheat them and then never play there ever again.

Right. Casinos who aim to be bigger won't do cheating. I think most successful casinos gained credibility because they have strict rules and regulations to ensure fairness and transparency in their operations. In fact, some even hire third party companies that will audit and verify their games' fairness and randomness.  A casino's success is built on its reputation for fairness and transparency and if their customers perceive that they are being cheated more other customers will eventually catch on and stop playing at that casino. Anyway, not cheating in your customers is the right thing to do.

Personally, I pay very less attention to bonuses. Provided the casino is honest enough to give me my winning and they don't do any shady things with my account or fund them I'm cool. I only use casinos I trust.

There's actually no way to know if they actually keep their word but I believe it's just a marketing strategy.  They may actually give to some customers as you said and I also believe they will give to their regulars. Casinos make a lot of money so giving out bonuses to their regulars shouldn't be an issue for them because that money is just peanuts compared to what they make daily.

That's admiring of you. You know what you want and you know what your limits are, so regardless what a casino will offer, you won't get manipulated to bet more and more. I'm not sure if it is just me but I  think casinos use their facilities like offering players free food or hotel rooms can encourage them to stay longer and gamble more or giving them alcoholic drinks because sometimes those who are under the influence of alcohol are more likely to make impulsive decisions and gamble more than they otherwise would. These bonuses or loyalty programs are used as well to encourage players to gamble more because they'll be given a freebie for reaching a certain level of play or may be offered special perks such as access to exclusive tournaments.
hero member
Activity: 2170
Merit: 530
I rarely take part in bonus programs, but it is important for me that the draw is fair. The prizes were small, but they were credited in full, and it's cool, it's like a small deposit bonus. Most often,new casinos launch a lot of promotional companies and it is impossible to track their transparency, since the project does not yet have a reputation and only live reviews can prove it.

Yes, that's why some new casinos hired influencers so they can be promoted in different channels that might help them to have users. Before , I heard there are some twitch streamers who promotes some gambling activities . Transparency must be one of the main thing that an online gambling website should focus , no gambler wants to be cheated of course.
hero member
Activity: 2632
Merit: 649
Vave.com - Crypto Casino
Personally, I pay very less attention to bonuses. Provided the casino is honest enough to give me my winning and they don't do any shady things with my account or fund them I'm cool. I only use casinos I trust.

There's actually no way to know if they actually keep their word but I believe it's just a marketing strategy.  They may actually give to some customers as you said and I also believe they will give to their regulars. Casinos make a lot of money so giving out bonuses to their regulars shouldn't be an issue for them because that money is just peanuts compared to what they make daily.
I rarely take part in bonus programs, but it is important for me that the draw is fair. The prizes were small, but they were credited in full, and it's cool, it's like a small deposit bonus. Most often,new casinos launch a lot of promotional companies and it is impossible to track their transparency, since the project does not yet have a reputation and only live reviews can prove it.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Some casinos work by cheating small money so it's still money for the casino. They will not hesitate to take it from gamblers by beating them in gambling games. We often hear that many people have experienced defeat at gambling and even though they took promotions and got bonuses, many gamblers have lost. So if the casino is a scam, the casino will use all means to take the customer's money and even if the customer complains about the problem to the support service, it will not be resolved properly.
The thing is....
They'll get to incentivise a little cash into anyone that gets registered; more like a jetpack or a starter pack.... That ofcourse will entice any regular gambler ASAP.
Now, on the other way round, they'll also devise a means to 'em back; via loses and unduly overcharge or combo minus, depending on what the case might be. It's a give and take process yunno...

Sandra 🧑‍🦰
That's right what you say. The casinos know how to take gamblers money slowly or fast. Casinos give bonuses to entice gamblers to come back and deposit more money and after that, they take all the money at once. And for gamblers who use big money, the casino will play on the feelings of gamblers by making them almost win big money. That will make gamblers even more interested and eager to try to win big money.
hero member
Activity: 728
Merit: 619
Leading Crypto Sports Betting & Casino Platform
Not easy to figure out how many users are able to claim such codes shared on the social media but time limit can be used to track when the bonus drop availability ends. Some big platforms put wager requirements for claiming code drops so it is not as easy as it sounds to get all data who claimed it. If you have doubts specific casino cheats on the numbers, you may ask from support to prove marketing trick has not been used to convince users, IMHO.
Even if you ask their support, for sure they can manipulate the data as long as they benefited on this.
There’s no way to know this one, and better to ignore this instead of focusing on a things that we cannot control. Maybe there’s limit for every promotions or none at all, once you are able to claim the reward then your concern should be answered, many site will not ruin their reputation by just having this promotions being manipulated, let’s give the benefit of the doubt to the top sites.
Just like I have explained it is not easy to prove your argument. Finding real data then comparing results take a lot of time effort which can be absent for majority of the gamblers.
My take on this argument is that both sides have their valid points, but no one should be completely right about theirs. My reason is that there are some casinos that are thorough and fair with their dealings, and they will give you the proof of what you need as it is. But some will never do that or even manipulate the one they provide you.

The bottom line is that casinos will always be casinos, it's not for the faint in mind. Whether they are completely fair or not, just know your strategy and principles that gives you some leverage to make money or quit if you know it's not for you.
hero member
Activity: 1022
Merit: 667

   -  Here in our country, gambling was prohibited and there were still raids in various places, but now it is very different because before it was done secretly, now because of the technology we have in this era, it is openly even campaigned by well-known influencers on the social media platform.

And many lives have been destroyed by gambling, in fact, because even minors do it without parental guidance and can also be seen on Facebook because of irresponsible influencers who care nothing but making money and deceiving their people followers.
I guess your region is similar to mind and as a matter of fact, gambling is still not legal business in Nigeria unless for a few number of cryptocurrency gambling that do not originate from my country but are not restricted, we still have access to them and also a few central fiat gambling that is popular only via social media and influencers have constantly promoted them.

 Some of that casinos even have a bad reputation, and because of that many have been affected negatively because of their activities.

But then online cryptocurrency casinos have just gain popularity during and after the covid-19 lockdown and since then we have not had horrible experiences like what we used to have years back with traditional gambling houses that have ruined many Lives
sr. member
Activity: 770
Merit: 284
I don't know casinos are viewed as a bad actor in the cryptocurrency market but for the fact that gambling have helped to solve so many mental stress issues and other work related symptom it quite unfair to refer to casino as questionable business not doubting the fact that there are also several negative implication in gambling such as gambling addictions.

There are some high profile religius leader that preach against gambling, whether with crypto or without it, they say it is haram which means it is forbiden for the youth to endulge in the activity; Gambling has also help some people kill time and also fun, put the money picture and you will find out that so many lives has been lost as a result of gambling, all human on earth don't have the brain to accept loss when it occur to them.

Quote
So if we must discuss reputation, because even though the house system is designed to favour the house edges,  and players only when there is high luck, but then players are still patronising most new and old casino won't means the reward.

The devil you know is better than the angel that will deceive you, some people stick to one particular gambling for some reasons but all gamblers don't joke with security, anything that will affect their balance, they don't joke with and other minor features and that is why I think gamblers stick to one casino.

   -  Here in our country, gambling was prohibited and there were still raids in various places, but now it is very different because before it was done secretly, now because of the technology we have in this era, it is openly even campaigned by well-known influencers on the social media platform.

And many lives have been destroyed by gambling, in fact, because even minors do it without parental guidance and can also be seen on Facebook because of irresponsible influencers who care nothing but to make money and deceive their people followers.
sr. member
Activity: 588
Merit: 297
Personally, I pay very less attention to bonuses. Provided the casino is honest enough to give me my winning and they don't do any shady things with my account or fund them I'm cool. I only use casinos I trust.

There's actually no way to know if they actually keep their word but I believe it's just a marketing strategy.  They may actually give to some customers as you said and I also believe they will give to their regulars. Casinos make a lot of money so giving out bonuses to their regulars shouldn't be an issue for them because that money is just peanuts compared to what they make daily.
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