Is Online casino always take risks? - page 5.

ethereumhunter

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Quote from: Distinctin on April 22, 2023, 05:43:43 PM

Quote from: Pierre 2 on April 17, 2023, 11:36:21 PM

Playing/gambling at online casinos don't have many risk anymore. You have tonnes of regulated casinos out there so you can try one you are attracted to. Legit online casinos make profit through typical methods, always having advantage of being "house". House will always win some. So you don't need to worry if you win - they made enough profits that can cover your win from them. I think if you are seeking good legit online casino, enough is for to look at legal bindings and withdrawal (money) speeds.

With numerous legit online casinos these days, you will never be prone to scams as long as you also gamble responsibly. And never worry if you made a huge win, with all the profits that they made out from those players losses, they will always have sufficient amount to pay for us, except for casinos that have not build its name and reputation in the gambling industry, they might struggle at first especially for jackpot wins. But rest assured, before they start their business, they have anticipated it already on paying their lucky players without payout delays.

But we still have to be careful, especially if we want to play at a new casino that we don't know because fraud can still happen at any time. By being careful, we can distance ourselves from this fraud and play gambling safely and comfortably.

Casinos wanting to grow their business to be bigger will always pay attention to their users and provide the best service to find a comfortable place to play. And casinos like that can grow bigger and will pay out the winnings to their users who win.

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Quote from: Pierre 2 on April 17, 2023, 11:36:21 PM

Playing/gambling at online casinos don't have many risk anymore. You have tonnes of regulated casinos out there so you can try one you are attracted to. Legit online casinos make profit through typical methods, always having advantage of being "house". House will always win some. So you don't need to worry if you win - they made enough profits that can cover your win from them. I think if you are seeking good legit online casino, enough is for to look at legal bindings and withdrawal (money) speeds.

With numerous legit online casinos these days, you will never be prone to scams as long as you also gamble responsibly. And never worry if you made a huge win, with all the profits that they made out from those players losses, they will always have sufficient amount to pay for us, except for casinos that have not build its name and reputation in the gambling industry, they might struggle at first especially for jackpot wins. But rest assured, before they start their business, they have anticipated it already on paying their lucky players without payout delays.

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Quote from: Fredomago on April 22, 2023, 01:07:08 PM

Yeah I agree, before you can establish a casino you also need to have a good amount of capital when we say good amount meaning to say that you can cover all the marketing expenses aside from securing the amount to make a payout. It's not easy as there are competitions that you need to consider and those possible whales who can bring your business down.

With that concept, having more patrons to use your service means that you can generate profits in the long-run, good services with developed trust from gamblers will allow your success.

Years ago it was still possible to start a casino with a relatively low amount of money and succeed, but since then things have changed in a dramatic way and this is no longer true, anyone that wants to start a casino not only needs to have a team dedicated to protect their customers from hackers, they also need top notch customer support, fast servers, many bonuses and to promote themselves heavily over the internet, and not a single one of those things is cheap.

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Quote from: Sanitough on April 22, 2023, 10:27:00 AM

Quote from: Botnake on April 16, 2023, 04:04:26 PM

Quote from: KaizenJujustsu on March 31, 2023, 09:12:32 AM

I am just curious about how does online casino pay for their promotion on their influencers? Where does their earning comes from? How will you get scammed when you try online casino? How can you tell that online casino is safe?

No one will suicide to build a casino unless if he has a huge capital to start it. As starting a casino would mean more advertisements and promotions to make the casino known and attract customers, which means everything needs a lot of funds so that one casino will survive and stay competitive with the rest of the casino businesses. But when the casino profits, everything goes back to the house leaving the players at loss. Same like when players at profits, the money that the casino has obtained will also be used in return to refund the players winning profits.

Well, let’s just say building a casino is never easy and is always expensive. Since you are establishing a business, you have to take an edge over the others and that will only be possible if there is huge funds that is available to cover the expenses from promotions down to the provision for winning profits. And these funds will only be returned to them if the casino will attract a lot of players, which means more players, more money to lose from them and will go to the casino profits. Thus in return, they will also use those funds if some players have luckily won significant amount.

Yeah I agree, before you can establish a casino you also need to have a good amount of capital when we say good amount meaning to say that you can cover all the marketing expenses aside from securing the amount to make a payout. It's not easy as there are competitions that you need to consider and those possible whales who can bring your business down.

With that concept, having more patrons to use your service means that you can generate profits in the long-run, good services with developed trust from gamblers will allow your success.

Sanitough

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Quote from: Botnake on April 16, 2023, 04:04:26 PM

Quote from: KaizenJujustsu on March 31, 2023, 09:12:32 AM

I am just curious about how does online casino pay for their promotion on their influencers? Where does their earning comes from? How will you get scammed when you try online casino? How can you tell that online casino is safe?

No one will suicide to build a casino unless if he has a huge capital to start it. As starting a casino would mean more advertisements and promotions to make the casino known and attract customers, which means everything needs a lot of funds so that one casino will survive and stay competitive with the rest of the casino businesses. But when the casino profits, everything goes back to the house leaving the players at loss. Same like when players at profits, the money that the casino has obtained will also be used in return to refund the players winning profits.

Well, let’s just say building a casino is never easy and is always expensive. Since you are establishing a business, you have to take an edge over the others and that will only be possible if there is huge funds that is available to cover the expenses from promotions down to the provision for winning profits. And these funds will only be returned to them if the casino will attract a lot of players, which means more players, more money to lose from them and will go to the casino profits. Thus in return, they will also use those funds if some players have luckily won significant amount.

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Online casinos are generally quite wealthy, as they typically start with a great capital investment. This allows them to promote their new projects and create high-quality websites that attract a large number of players to join and play at their casinos.

Quote from: KaizenJujustsu on March 31, 2023, 09:12:32 AM

I am just curious about how does online casino pay for their promotion on their influencers?

They often spend a significant amount of money on promotions and influencers to attract more customers to play on their sites. Sometimes, they also offer giveaways or weekly free bets(on forums or even on their sites), as well as special events to encourage participation.

Quote from: KaizenJujustsu on March 31, 2023, 09:12:32 AM

Where does their earning comes from?

Their earnings come directly from the members who gamble on their site. Therefore, the more members they have, the more revenue they earn.

Quote from: KaizenJujustsu on March 31, 2023, 09:12:32 AM

How will you get scammed when you try online casino? How can you tell that online casino is safe?

Generally, it is less likely to get scammed by a well-known casino with a good reputation. However, there is always a risk of getting scammed by a brand new casino that has no feedback or fake feedbacks from users.

Therefore, it is important to be cautious and do proper research before depositing any money into an online casino.

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Quote from: BVeyron on April 04, 2023, 03:59:37 PM

Quote from: Bushdark on April 04, 2023, 03:51:25 PM

Quote from: blockman on April 03, 2023, 05:27:42 AM

Big casinos can be worth a hundred million dollars for companies up to a billion dollars. If there are new casinos, you can't be sure how much capital they've got and how worth they are. That's why if you just want to know how much they're worth and how they're able to pay for influencers, you can search for them and do some research because it's easy to know how they can afford to pay these people to advertise them. If they can't do it, they won't have the guts to hire some prominent people not just from the gambling industry to advertise them.

Casinos are really spending money every day on influencers promoting there casino to the world. We may knot know how they spend there money or how much they spend every month on ad and promotion to make sure that gamblers keep coming to there casino. Sometimes when we see ads online we may not know how it comes about but casinos are spending a lot of money to make sure that there services is available for gamblers who might be interested in trying there casino and playing few games they love to play.

Ad campaign is really a deal for casino owners, the market is rapidly growing, and it's quite hard, especially for casino owners with little income, to have enough potential to develop projects in media. And also it's quite hard to produce software of good quality under such circumstances.

You are right, however, for casinos when they have little money or little capital, it is not highly recommended that it be launched. When a casino does not have much capital, the answer is that it can easily become unsustainable and it can fall into very bad practice, for A casino must have a lot of money, so much so that they must assume risks and losses, but that is something normal, in the long term it is when a casino begins to give many benefits, there are many casinos that are number 1 here in the forum and in the world , that characterizes it for being so reliable, but that makes it because it has a guarantee in its movements, that is, it has a guarantee in money.

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Quote from: Sandra_hakeem on April 15, 2023, 03:55:01 PM

Quote from: KaizenJujustsu on March 31, 2023, 09:12:32 AM

I am just curious about how does online casino pay for their promotion on their influencers? Where does their earning comes from? How will you get scammed when you try online casino? How can you tell that online casino is safe?

Lol ....'em questions are actually funny.
All Casino makes alot of cash from the losses that's being gambled... What they do is; they'll set up a management team and prepare a voucher for all necessary expenditures...once it's set, they'll set aside a certain amount of cash for ADs& promotion, from the daily, weekly or monthly income.
There are so many casinos that are made to ripp off cash from Thier customers too,..all you need to do is read them reviews before getting signed up... Online casino are safe - i won't say 100% - but it's safe to choose from the lot in here...

Sandra 🧑‍🦰

While casinos are a business which require a lot of money to be sustained they also generate massive profits, and we can easily see this is the case as not only influencers are being hired to promote casinos but even famous musicians and athletes are part of this as well, and since we can assume their sponsorship is not cheap at all, then it is obvious casinos are holding into a massive amount of money to the point they can afford such expensive advertising efforts.

Accardo

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Going through the thread, I found that alot of contributions has been made to remove Op's doubt. Still, they're multiple means to determine the legitimacy of an online casino, which this forum is also a better place to discover genuine online casinos. However, most of the members may not have been used by the entire forum users that's where casino review sites helps newbies or new users of a specific casino to know what actually happens in the casino before playing on the casino. You can check for user complaints too, anywhere even on the site or off the site. Casinomeister is also a better place to research for any online casino that you don't feel comfortable with the reviews you got from this forum.

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Quote from: Russlenat on April 16, 2023, 02:54:02 PM

Quote from: virasog on April 12, 2023, 05:27:44 PM

Quote from: Alisha-k on April 11, 2023, 02:37:47 AM

Quote from: KaizenJujustsu on March 31, 2023, 09:12:32 AM

I am just curious about how does online casino pay for their promotion on their influencers? Where does their earning comes from? How will you get scammed when you try online casino? How can you tell that online casino is safe?

when you place a bet on a casino's platform and it turns out on the losing side, where does the funds goes??
I thought as much...

If the where no profit in the casino business, they'll be little or no casino out there.

Well, when you lose a gambling game all the money goes to the gambling site and in case you win the gambling houses give you the winning amount. The point to note is that gambling games are not peer to peer games, hence any money lost is a direct profit for the gambling site.
So in order for anyone to run a casino, they need initial funds to pay out the winners but as the casino grows more and more people will lose money and then there won't be a problem for the gambling casino to pay to the winners as they would be collecting huge amounts from people who lose in gambling.

Remember that any gambling casino whether online or offline has its own house edge over its players so clearly people often lose while the casinos are the ones accumulating profits. And those profits are also being used when casinos pay off winners. But we can’t hide the fact that casinos are even more profitable than its players simply because all casino are design to always win than to lose their funds.

The kind of design where casino owners when they manage to established their business will continue to profit from each gamblers who used the services, though it's tough to build trust among the players but if you are good in creating good marketing and also good with how you communicate with your patrons, the chance to earn a lot is possible.

There's always a risk but worth to take for every casino owners, sure deal. The more gambler to play, the more benefits that they can
take from each of those users.

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Quote from: LUCKMCFLY on April 17, 2023, 11:23:29 PM

Quote from: blockman on April 03, 2023, 02:23:20 PM

Quote from: piebeyb on April 03, 2023, 08:14:22 AM

Quote from: blockman on April 03, 2023, 05:27:42 AM

Big casinos can be worth a hundred million dollars for companies up to a billion dollars. If there are new casinos, you can't be sure how much capital they've got and how worth they are. That's why if you just want to know how much they're worth and how they're able to pay for influencers, you can search for them and do some research because it's easy to know how they can afford to pay these people to advertise them. If they can't do it, they won't have the guts to hire some prominent people not just from the gambling industry to advertise them.

usually only big casinos dare to spend big on promotions and campaigns let alone hiring influencers of course they also have a very large initial capital to attract many people to gamble at the casino, the net profit from the casino is usually from the gambler's defeat so not only the capital returns but also This casino gets a big advantage if it dares to spend big money at the beginning of introducing the casino. actually to find out more deeply the OP needs to do a thorough research.

It's part of their spending budget for marketing. See how these big casinos have a big budget for marketing and hiring those influencers and celebrities with a huge following. They know how impactful marketing and viewership are and that's why they'll have no inch of thought to spend and pay their talent fee. There's no other source of income if we will look at the casino's perspective, there's only one way that they could earn money and that's from the customers that will be taken through the sponsorship and influencers' encouragement to them when they're being viewed. That's why they're called as influencers because they can easily influence the decision making of their subscribers and fans.

A casino always looks for the best in marketing because it knows that it is a safe investment, as I have said in previous threads, there comes a time when marketing pays for itself, in the case of casinos that decide to hire an influencer it is because they want to bring in mass players to your casino, it is normal, the more players enter the more money enters the casino and the more winners too, this is something that I see as growth, which has a high cost, well yes, but it is worth it, because an influencer will always bring many people with him to follow him wherever he goes.

Its not always worth it because results couldnt really be possibly assure that it would sustain but if ever the expenses had been break even or something that they do profit about on the result of that marketing or

ads then we could really say that its worth but if didnt really give out any positive results then it would be an another story.In any business then exposure and marketing is really a default thing to be considered.

You cant just built up and make some business and doesnt have any allocation or funds for the sake of marketing then having no exposure would lead your business into failure or complete disaster.
If people wont be finding out its existence and even on seeing it but not really something interesting it would be still ending up on the same outcome.

Casdinyard

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Clauses are held to make sure that influencers, the moment that they agree with representing the casino, follow through with what's discussed for business. Some of the contracts even include imposing legal sanctions against influencers who fail to provide target products/endorsements within a certain timeframe. In a sense they get into a lot of risks as the business itself is based on trust and expectation that the other party upholds their end of the bargain. But contracts exist so they have something to hold influencers accountable with if in any case they decide to deviate against the discussed products.

Pierre 2

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Playing/gambling at online casinos don't have many risk anymore. You have tonnes of regulated casinos out there so you can try one you are attracted to. Legit online casinos make profit through typical methods, always having advantage of being "house". House will always win some. So you don't need to worry if you win - they made enough profits that can cover your win from them. I think if you are seeking good legit online casino, enough is for to look at legal bindings and withdrawal (money) speeds.

LUCKMCFLY

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Quote from: blockman on April 03, 2023, 02:23:20 PM

Quote from: piebeyb on April 03, 2023, 08:14:22 AM

Quote from: blockman on April 03, 2023, 05:27:42 AM

Big casinos can be worth a hundred million dollars for companies up to a billion dollars. If there are new casinos, you can't be sure how much capital they've got and how worth they are. That's why if you just want to know how much they're worth and how they're able to pay for influencers, you can search for them and do some research because it's easy to know how they can afford to pay these people to advertise them. If they can't do it, they won't have the guts to hire some prominent people not just from the gambling industry to advertise them.

usually only big casinos dare to spend big on promotions and campaigns let alone hiring influencers of course they also have a very large initial capital to attract many people to gamble at the casino, the net profit from the casino is usually from the gambler's defeat so not only the capital returns but also This casino gets a big advantage if it dares to spend big money at the beginning of introducing the casino. actually to find out more deeply the OP needs to do a thorough research.

It's part of their spending budget for marketing. See how these big casinos have a big budget for marketing and hiring those influencers and celebrities with a huge following. They know how impactful marketing and viewership are and that's why they'll have no inch of thought to spend and pay their talent fee. There's no other source of income if we will look at the casino's perspective, there's only one way that they could earn money and that's from the customers that will be taken through the sponsorship and influencers' encouragement to them when they're being viewed. That's why they're called as influencers because they can easily influence the decision making of their subscribers and fans.

A casino always looks for the best in marketing because it knows that it is a safe investment, as I have said in previous threads, there comes a time when marketing pays for itself, in the case of casinos that decide to hire an influencer it is because they want to bring in mass players to your casino, it is normal, the more players enter the more money enters the casino and the more winners too, this is something that I see as growth, which has a high cost, well yes, but it is worth it, because an influencer will always bring many people with him to follow him wherever he goes.

roslinpl

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The online casino uses many platforms to promote their website, Some of them are twitter, Facebook and this forum itself by condition of bitcoin. Most of the high paying casino are trusted in the forum, they are conducting the signature campaign. When they have money to pay the people for their promotion, surely such websites will make some benefit and good bank balances. They easily pay the winner with their money holdings. So it’s essential to check the background of the project to know the legitimacy of that casino. If the owner is legit, you can use that website. If the gambling site pay participant without fail, they are trusted. Their is risk in everything which includes the casino also, the background verification help us to save some dollars for using the casino which is not trusted.

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Quote from: KaizenJujustsu on March 31, 2023, 09:12:32 AM

I am just curious about how does online casino pay for their promotion on their influencers? Where does their earning comes from? How will you get scammed when you try online casino? How can you tell that online casino is safe?

No one will suicide to build a casino unless if he has a huge capital to start it. As starting a casino would mean more advertisements and promotions to make the casino known and attract customers, which means everything needs a lot of funds so that one casino will survive and stay competitive with the rest of the casino businesses. But when the casino profits, everything goes back to the house leaving the players at loss. Same like when players at profits, the money that the casino has obtained will also be used in return to refund the players winning profits.

Russlenat

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Quote from: virasog on April 12, 2023, 05:27:44 PM

Quote from: Alisha-k on April 11, 2023, 02:37:47 AM

Quote from: KaizenJujustsu on March 31, 2023, 09:12:32 AM

I am just curious about how does online casino pay for their promotion on their influencers? Where does their earning comes from? How will you get scammed when you try online casino? How can you tell that online casino is safe?

when you place a bet on a casino's platform and it turns out on the losing side, where does the funds goes??
I thought as much...

If the where no profit in the casino business, they'll be little or no casino out there.

Well, when you lose a gambling game all the money goes to the gambling site and in case you win the gambling houses give you the winning amount. The point to note is that gambling games are not peer to peer games, hence any money lost is a direct profit for the gambling site.
So in order for anyone to run a casino, they need initial funds to pay out the winners but as the casino grows more and more people will lose money and then there won't be a problem for the gambling casino to pay to the winners as they would be collecting huge amounts from people who lose in gambling.

Remember that any gambling casino whether online or offline has its own house edge over its players so clearly people often lose while the casinos are the ones accumulating profits. And those profits are also being used when casinos pay off winners. But we can’t hide the fact that casinos are even more profitable than its players simply because all casino are design to always win than to lose their funds.

fullhdpixel

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Quote from: wiss19 on April 15, 2023, 12:49:15 AM

It's basically greed that makes people use new casinos with big deposits since those casinos promote big bonuses in their advertisements and those with high greed start to imagine that they will win big by claiming that bonus but it actually backfires and they get scammed even if they manage to win something extra with the claimed bonus.

One should simply use an existing platform that is trusted and already has a reputation within the community to stay safe from such things, if it's just about the bonus, I don't really think it's worth it considering you will lose your deposited money only for that.

New casinos always come with exciting bonus in order to surpass the old casinos, and this is what makes people greedy about them. There are some who are only curious about what they are offering. If they have something new to offer or their service is better than the existing ones.

Those who want to play because of the bonus must understand that there are terms and conditions before they can withdraw the money. There are risks on them but apart from that, there is also a risk of being scammed because these casinos don't have enough reputation yet. If they only want to test the site with small amount or play for fun, then they can go ahead.

Sandra_hakeem

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Goodnight, ohh Leo!!! 🦅

Quote from: KaizenJujustsu on March 31, 2023, 09:12:32 AM

I am just curious about how does online casino pay for their promotion on their influencers? Where does their earning comes from? How will you get scammed when you try online casino? How can you tell that online casino is safe?

Lol ....'em questions are actually funny.
All Casino makes alot of cash from the losses that's being gambled... What they do is; they'll set up a management team and prepare a voucher for all necessary expenditures...once it's set, they'll set aside a certain amount of cash for ADs& promotion, from the daily, weekly or monthly income.
There are so many casinos that are made to ripp off cash from Thier customers too,..all you need to do is read them reviews before getting signed up... Online casino are safe - i won't say 100% - but it's safe to choose from the lot in here...

Sandra 🧑‍🦰

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Quote from: stadus on April 14, 2023, 02:38:30 PM

Quote from: Webetcoins on April 14, 2023, 01:15:45 PM

Gambling generally is taking a risk with your money where the risk of losing the money is higher than winning anything on top of it, and when someone doesn't read the terms and conditions of a casino platform before gambling in it, I believe they simply double the risk for themselves as they will not know anything about their terms and conditions at all.

Whether the terms and conditions are lengthy or you don't like reading, it is important for your gambling activity to have some awareness of the terms of the casino that you are playing at just in case you manage to win something and want to have a withdraw, that's when problems start to build up for you.

Even if you're just a regular small baller, it's still advisable to read the platform's terms and conditions before you commence on making a deposit. I mean, anything can happen and it's much better if you know their terms so that if you find yourself in any situation, you won't be asking yourself some questions that you probably don't know the answers as well. That's just like going into a war without knowing what you're dealing with, and in terms of casino, we should already accept that our chances of losing is really much higher because they got the house edge and we ourselves just have luck and enough knowledge to play.

Reading the terms of service is an absolute must regardless of how much money we use to gamble, in a way I get that people do not want to do this as many people do not even like to read, and reading something as dry as the terms of service of a casino may seem like a gigantic waste of time for some, but by doing so they are completely ignorant about the behaviors which may cause their account to be under the scrutiny of a casino, and which could lead them to lose their money and even their account.

Topic: Is Online casino always take risks? - page 5. (Read 2147 times)