Topic: Is something big happening behind the scenes that no one is talking about? - page 2. (Read 988 times)

We are at the cusp of possibly one of the worst economic crises to date. It's only fair that some companies cut corners else they risk losing their business once it finally comes. That includes gambling sites like Stake. For sure, with all the generosity that Stake has given its long-time and new players, there'd come a time when this will come around and bonuses will be as bountiful as it was back then. Till then however, we have no choice but to make do of what's available, cos it's everyone who's doing this and not just particular businesses or brands. It's the common go-to when questions are left unanswered. Spin up conspiracy theories, spread rumors, and then find out what the real deal is when companies and entities finally catch wind of what's going on as some sort of damage control. It's been the case since time immemorial, and I don't think there's going to be a time when humans will stop making conspiracy theories or jumping into conclusions that something behind the scenes is going on lmao. Not saying this is right, but it has become the norm.

You are very correct mate, but then, you will angry with me that not all casinos really care about their customers, or give bonuses in other to keep their customers, some use bonuses as a lure to win more gamblers over who they can selectively or completely scam when even they decide, such thing is very common with new casinos most especially..

Like my brother is still waiting for a withdrawal request he place over 32 hours ago, he found a new casino and got attracted by the bonus they offered to new players, he signed up, made a deposit and claimed the bonus, played for a while and several series of losses, he decided to withdraw the remaining balance, and up till now, they are yet to process it, and customer support has given him no reply since then.

If you study gambling casinos very well, they were not after their own personal interest alone, rather they considers what the gamblers experienced with them as well in gambling, through this bonus initiative being introduced, it helps maintain and retain their gamblers to them for a very long duration, thereby already dealing with economic challenges that could bring down their business flow of imcome through the numbers of gamblers that made them a patronage each day gambling, bonus is another strategies to retain gamblers, appreciate their efforts and maintain a steady operational plan even as new gamblers were coming onboard to their websites.

I wouldn't necessarily jump to any suspicious conclusions here.

It is a fact that regularly gaming businesses will analyse profitability in respect of a variety of different aspects including bonuses, rtp, rakeback, free bets, odds boosts and other forms of giveaways. Maybe they want to transition to less bonuses but more of something else. Maybe traditional bonuses are becoming outdated. Maybe these companies are working on some exciting development which they feel would yield more player engagement. Who knows. As others have alluded to, those that would know would only be those in the loop within their respective companies. I don't feel this recession talk is really relevant either, crypto gambling revenues are strong and historically gambling has been shown to be recession proof, if you add that in with increasing crypto adoption then that is arguably positive for the sector for 2023 if anything

But no, I don't think there is a big secret happening behind the scenes that no one is talking about, in my opinion anyway

So they are just having new marketing strategies? like diversifying their bonuses, unlike before, when they were only saturated with new users and first-time deposits to attract new gamblers. This is really something new, which for sure all of the casinos will follow, and that is really good as they are now looking at their current users, unlike before, when we only noticed their banners were mostly about new users.

Alot is actually happening behind the operations of many organizations and companies which are undisclosed to us from our backend here because those involved are the ones that really knows what they are passing through, let's considers the current inflation looming the entire world economy in most aspect of the world ranking business settings, some enterprise were already going bankrupt while those managing to scope were left with no other choice than to drastically cut down their cost in other to meet up the normal running of their businesses.


Gambling sites had it own mode of operations, you can't compare them with other centralized institutions, gambling sites requires the outflowing of the gamblers to their website on a regular basis and needs to keep their gamblers interested through the constant maintenance and bonus offers to their gamblers, which means bonuses is a major attraction of gambling institutions to get more gamblers and may not cut down the cost through this because they might be loosing customers.

when we assume that casinos are not a source of income and that bonuses are not something mandatory that casinos should give people then we can conclude that people should not look at the bonus as a profit, they should look at the bonus as a small bonus that the casino is giving for the person playing in the casino, this must be the correct way that people should look at the bonus, but unfortunately people look at the bonus as a profit, many people cannot resist when they look a new casino offering high sign-up bonuses and then they realize that they have to meet high requirements, which even becomes mission impossible and when they want to withdraw the money they won they realize that the casino is a scam and they come to complain

  this way of looking at the bonus as a profit is such a big evil that it makes many people fall into the new scam casinos. now about whether casinos reduce the bonus amount due to some financial difficulty, I doubt that, there are very rare cases where a large casino that sponsors popular soccer leagues and soccer teams would reduce the bonus amount due to financial problems, which it can happen and that due to having many customers it becomes necessary to reduce the bonus value because the casino has already reached its objective which was to have X number of customers, so the casino reduces the bonus value so that the owner has more profit

Ive been playing with their casino and I enjoy most of their perks and rewards, seems like even the other casino make an adjustment the same way or find a more effective way of marketing strategies besides this because they know that these rewards have a good way of earning and profit to them to get more players for sure they will not reduce those instead they will add more perks to the players. In that case I guess if the player does not on it too much like being dependent its not really a big deal but well its add some spices for the game.

I don't think like that. I only think that casinos are trying to survive, and one of them is by reducing the bonuses received by gamblers. Gamblers can also move to another casino if they feel that the bonuses do not match what they want. There is no compulsion to continue gambling at the casino.

And this is where the difference between people who are loyal to the casino when the situation is bad instead of thinking things through. Everyone needed each other's support and if that were what everyone was doing, there would be no difficulty surviving amidst this adversity.

Yes, we all pray that this economy can recover so we can all get through this difficulty together. But it's still not done if we are alone or only with a group. Hopefully, that time won't be long now.

Business? Ever-changing, like the wind, and it's fantastic! Changes are part of the game, even in the gamble, the risky, thrilling, controversial world of casinos. That bonus shrink, though? Let's get real here. Regular business move, or a cryptic masterstroke? Maybe the casino's a crafty magician, promising bigger, better, more dazzling rewards in the future.

We're at their mercy, folks, on pins and needles for the next big announcement. Are we just going with the flow, or are we pawns in a high-stakes chess match? And with the economy hitting the skids, even the mighty casinos are scrambling. It's a massive, cascading disaster. Big businesses take a hit, and the little guys follow. It's adapt or die, friends.

In this turbulent storm, we're all praying for a big, beautiful economic comeback. Jobs popping up like spring flowers. We gotta stay sharp, question every move, aim for a world where businesses don't just survive - they thrive. Let's make prosperity great again!

Adjustments in the business sector are necessary so that the business can run well and many business owners have done this, including the gambling business. And the decrease in bonus prizes is also normal, but it could be that the casino is preparing a surprise for its members by providing other, more attractive incentives.

We as users, can only accept it while waiting for updates from the casino and play as usual.
And during the failure of the big economy, the casinos are also trying to survive because at least the casinos are also affected.

And when many large companies are more affected, it certainly affects medium and small companies so that all of them need to adjust their business to survive. Hopefully, the economy of all countries can rise and provide jobs for people who need them.

That was for the bear season that US started showing toxic behavior towards Bitcoin but they'll soon bring friendly laws again. 2022 wasn't friendly towards the market as it had alot of negative things happened but it'll soon be over.

The US market is very important to the cryptocurency market and the gambling industry as it needs it for trust to be returned to the market, I don't think there's anything much happening behind the scenes.

Maybe what you're thinking op is just a coincidence but not linked to each other. The economy is affecting every business so the gambling sites has to cut down cost as well to stay profitable.

It should be noted that gambling is an activity that arouses curiosity, it can make a person a gambling addict so that even though there is an economic crisis, a gambler will do anything to get money to gamble, after all they also gamble to earn income so that the mind will be more focused on gambling for money.
For example, some time ago there was the Covid-19 pandemic and most people lost their jobs and sources of income, but in fact many people have started to enter the world of gambling to make a profit, even though so far it has been clear that they have no income but are still gambling to make a profit.
From this incident we can conclude that even though there is an economic crisis, it will never affect the gambling industry in any way.

I agree with your statement. I guess Stake has observed that they cannot maintain their operations if they continually provide bonuses before due to the recession happening. With this in mind, they cannot sustain what they have previously offered even if they wanted to keep such bonuses and other games available.

At this point, they are really trying to survive and offer their website as much as possible. The problem with this change is that people would take this as a disadvantage and assume different conclusions.

Personally if this were to happen to me, I would definitely consider looking for another gambling website that offers superior bonuses compared to Stake, though their security is still unparalleled compared to others.

When big economy fails, many will be affected and this crypto gambling industries are not exempted from this, also the current price drop in the market can surely affect casinos but I’m confident that they can handle this and many are already taking action to stay in business. Lowering the bonus reward is normal, let’s just hope for the fairness of this crypto gambling site and they will not take advantage the situation to increase the edge in favor to the house.

Yeah, they just can't also avoid to experience what these big companies are experiencing so they need to cut their costs.

If we've seen them stopping all of those promotions and great features that we've used to see, we don't need to bother thinking what it has happened. It's a matter of their choice and decision and one big factor is about the cutting of cost as it takes a budget within them.

But as soon as they are able to recover and has got budget within again, they'll no doubt return such.

For Amazon yes the rise in AI have eliminated a lot of human jobs and most teams are now optioning i for AI usage to accomplish the task since they are faster and less cost-effective with the ability to accomplish task twice faster than human, but they are in casinos, I can't possibly make out what role AI will play in the operation and ruining of casinos since there already have a working probably fair systems on the ground.

Why not crypto gambling sites? For all we know crypto gambling sites are not supernatural or with impenetrable powers that they can't be affected by the so-called economic crisis that has affected so many multinational corporations and companies and if crypto gambling sites are affected then it's no big deal as long as they ain't shutdown but had to cut down some services and packages to keep business moving.

Bonus is the correct word actually, what you are referring to is a reward, which is given to you for something you've done and nothing is asked from you in return for a reward, but for a bonus, you can only get it if you complete a certain task, just like depositing some money, now in casinos, you can use the bonus but you simply can't cash it out until you meet some requirements set by them.

The requirements are not basically to take away your bonus but they are to prevent abuse of the bonuses they give away. Imagine a casino is giving away bonuses without any wagering requirements, how excessively that will be abused is beyond our imagination.

As far as I've been playing, it doesn't seem bad to me that they eliminate the bonuses, if we start to look and study some threads that talk about bonuses, we realize something, when we enter and grab a bonus (which for me is not the name correct) is very conditioned to the moment of winning, when we enter a physical casino they do not give us a bonus, because we know that at once we will withdraw it as a profit, so that is what I mean, as I have said in other threads, for me a Bonus is a gift that they give you, or a prize, and a prize should not be conditional, some interpret it as giving money, and yes, it is like that, that is why I say that Bonus is not the right word for me.