I believe most licensed casinos need to prove at the start that they have the initial funding to support the casino, from its technical expenses to the possible pool of winners. In the long term the casinos will indeed pay winners with the losers' money, but that's simply how they generate profit so nothing wrong with that, but in the early days that's simply not possible, nor would they even be allowed to release their casinos legally as I said.
And it's not "lose more win less" but rather casinos simply take a cut that they automatically gain per bet, aka the house edge. It's a guaranteed source so that they don't only have to rely on people losing.
Topic: Is this safe to say this about casino platforms - page 5. (Read 898 times)
Is it safe to say that casino platforms is running their business with users find only? I read somewhere that they pay winners with losers money, I couldn't ask him or her if a casino can start business with zero fund at hand, I know that most of them wired their system to favour them more ( lose more and win less ) , if not they will run out of business fast I belief, what do you think about this? Was I wrong about this? Come to think of this, there is no prove that they have some money to pay winners.
Well, this is how gambling works, but starting a casino with zero funds is hard to believe since we need some capital to start a casino or gambling website. It's not weird if casinos trick their users to get more funds before they actually pay their users.
legendary
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You need to know built a new casino doesn't only need to pay for hosting site, developer and the UI/UX designer only.
A good casino will need at least few people or team, which you need to pay their salary for each month even your casino doesn't make any profit yet, so you need to use your pocket money. If you want to add a lot games, you need to rent the games from gambling providers, if you want to have a gambling license, you need to spend more money.
Bankroll is really need in any business, what if there's a lucky gambler win a lot money in your casino, will you ask him to wait for at least 3 months and give an excuse if his account under investigation?
A good casino will need at least few people or team, which you need to pay their salary for each month even your casino doesn't make any profit yet, so you need to use your pocket money. If you want to add a lot games, you need to rent the games from gambling providers, if you want to have a gambling license, you need to spend more money.
Bankroll is really need in any business, what if there's a lucky gambler win a lot money in your casino, will you ask him to wait for at least 3 months and give an excuse if his account under investigation?
Well, I think as a summary we can say in response to the OP that not only is it not safe, but it's bullshit.
I remember seeing someone on the forum commenting that he had been planning to join a start-up crypto casino, contributing part of the capital, and the minimum to start with was 100,000 USD. Maybe you can start with less, but the OP's point that you start with no money and just pay the winners with the losers' money doesn't hold water.
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The casino will not say whether they have money or funds to pay the winners because that is the casino's secret. We as gamblers, can only hope that the casino can pay us winning money so we won't feel disappointed. And to avoid things that we don't want, we have to be able to find casinos that are really popular and have been proven to be able to pay out winning winnings even though the numbers are very large. So we won't have an experience that disappoints us one day and can play in peace.
Casino often share many jackpot win from different user on their social media as proof that they have huge bank roll. Trusted casino like Duelbits has this kind of news to give peace of mind to all their players that they have sufficient bankroll to pay huge amount. We don’t need exactly a proof of funds if casino has proof that they are paying high roller players with their jackpot prize. Also their massive promotion like Christmas giveaways and others is enough to know that they have a huge bankroll aside from the players fund in the casino.
Is it safe to say that casino platforms is running their business with users find only? I read somewhere that they pay winners with losers money, I couldn't ask him or her if a casino can start business with zero fund at hand, I know that most of them wired their system to favour them more ( lose more and win less ) , if not they will run out of business fast I belief, what do you think about this? Was I wrong about this? Come to think of this, there is no prove that they have some money to pay winners.
This is wrong, despite the house edge casinos give to themselves as a way to cover their costs and to obtain profits, it is still not possible to create a casino without a massive bankroll, you may try if you want but it will fail really quickly.And this is the case because casinos are also subject to luck, when investing on casino bankrolls was more common years ago investors tracked the performance of their investments, and there were months in which some casinos lost money as a high roller had won a series of big bets and the casino lost money, if a casino did not had some cash to pay the high roller they will complain about it, raise a scam accusation against them, the casino will lose whatever clients they may have gained and eventually it will vanish as no one will want to play there.
Is it safe to say that casino platforms is running their business with users find only? I read somewhere that they pay winners with losers money, I couldn't ask him or her if a casino can start business with zero fund at hand, I know that most of them wired their system to favour them more ( lose more and win less ) , if not they will run out of business fast I belief, what do you think about this? Was I wrong about this? Come to think of this, there is no prove that they have some money to pay winners.
Starting any business requires a large initial capital without the capital it is impossible to run the casino business. Although the casino business has some advantages where an owner can collect money from there, he must keep a large amount of reserve at the beginning of the business. If a casino is able to gain good popularity in the beginning then that casino can bring success through its casino in a very short period of time. However, it is impossible to run a business with users' funds at the starting of the casino business if it is not scam site. 
You need to know built a new casino doesn't only need to pay for hosting site, developer and the UI/UX designer only.
A good casino will need at least few people or team, which you need to pay their salary for each month even your casino doesn't make any profit yet, so you need to use your pocket money. If you want to add a lot games, you need to rent the games from gambling providers, if you want to have a gambling license, you need to spend more money.
Bankroll is really need in any business, what if there's a lucky gambler win a lot money in your casino, will you ask him to wait for at least 3 months and give an excuse if his account under investigation?
A good casino will need at least few people or team, which you need to pay their salary for each month even your casino doesn't make any profit yet, so you need to use your pocket money. If you want to add a lot games, you need to rent the games from gambling providers, if you want to have a gambling license, you need to spend more money.
Bankroll is really need in any business, what if there's a lucky gambler win a lot money in your casino, will you ask him to wait for at least 3 months and give an excuse if his account under investigation?
it would not be possible for a casino to be built without capital, for example online casinos, of course, for the development of the website, it costs money, let alone building the casino itself, of course, with lots of games, of course, it would not be possible without capital, they are big dealers who have a lot of money, of course, to build a casino, unless decentralized casino
Yes, casinos are a business that requires quite a large amount of capital to carry out development and pay for the team in it.Not to mention that if casinos hold bonuses and promotions, they will definitely spend an even bigger budget.
Not to mention that in marketing or casino promotions that use signature campaigns have several members of this forum join their campaign so they have to pay the salaries of those who take part in the campaign every week, while not a few follow and register for the campaign.
However, from the large budget spent, it can be paid off from the profits that are generated are quite large from the casino business.
legendary
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Well, for me, I believe that casinos are not running on user's funds, except the un-serious casinoso out there, and those ones are likely to turn to scam sooner or later, casino is a very profitable business, there is no way a casino can be operating and depend entirely on user's funds, it means that casino is a time bomb waiting to explode, because the moment a gambler wins an amount of money that isn't available in their hands at that time, paying becomes a big problem, and that's how they will start having issues.
You can not start a casino with zero funds at hand, though it is possible to do, but it's not advisable if you ask me.
You can not start a casino with zero funds at hand, though it is possible to do, but it's not advisable if you ask me.
Casino is a serious business that requires a lot of funds and yes they may pay the winner with the loser's money but the casino need a huge bankroll to provide some confidence to their user and this will also make the casino to be fair with their game.
According to research, casinos that don't have bankroll always try all means to scam their users through games and they are always not fair with their game.
Not sure if the casinos are disclosing this but I hope they are doing it because it can lessen the worry of the gambler and of course it can gain more trust and more players. The casinos that don’t have a big capital will surely relay on the losses of the gamblers and the more player to play, the more money for them. This might be the reason why many focuses more on their marketing as they need to attract more players to pay for the winnings of the others. According to research, casinos that don't have bankroll always try all means to scam their users through games and they are always not fair with their game.
Is it safe to say that casino platforms is running their business with users find only? I read somewhere that they pay winners with losers money, I couldn't ask him or her if a casino can start business with zero fund at hand, I know that most of them wired their system to favour them more ( lose more and win less ) , if not they will run out of business fast I belief, what do you think about this? Was I wrong about this? Come to think of this, there is no prove that they have some money to pay winners.
Nope, it is not safe to say that casinos are running with user's fund only. Just like any other businesses, Casinos are required to have a capital to begin or start with and unlike any other business, they will need to have a huge capital to anticipate high rollers on their platform. If ever, you encounter such a casino which would not pay if ever you win due to lack of funds then it's safe to say that platform is a scam which could not run for a long term.Unlike other businesses, where you need certain funds to start a business while in gambling you need to have a lot of extra funds in order to start the gambling casino. The reason of this is the winnings returns are high in gambling and you may need to pay out of your pocket to the gamblers initially.
Later once the casino is established, people will lose money in gambling and then the gambling casino have enough funds to pay out the winners and keep running this business.
Casino is a serious business that requires a lot of funds and yes they may pay the winner with the loser's money but the casino need a huge bankroll to provide some confidence to their user and this will also make the casino to be fair with their game.
According to research, casinos that don't have bankroll always try all means to scam their users through games and they are always not fair with their game.
^So probably if a shady casino selectively scamming their players could be the reason they are running out of funds, I am right?According to research, casinos that don't have bankroll always try all means to scam their users through games and they are always not fair with their game.
Or they will make a loophole that possibly freezes the fund of users once the TOS is violated.
That is why if we choose a gambling casino it should be a well-established casino that already operates for almost a year in service to guarantee good services and no shady activities that will happen because I agree that it is possible that a new gambling casino does not have a huge fund amount for its bankroll and probably the reason of some casino if you will withdraw a big amount it will take a long time before it will arrive in your wallet. It is possible we can ask a crypto casino to show their bankroll?
Is it safe to say that casino platforms is running their business with users find only? I read somewhere that they pay winners with losers money, I couldn't ask him or her if a casino can start business with zero fund at hand, I know that most of them wired their system to favour them more ( lose more and win less ) , if not they will run out of business fast I belief, what do you think about this? Was I wrong about this? Come to think of this, there is no prove that they have some money to pay winners.
Nope, it is not safe to say that casinos are running with user's fund only. Just like any other businesses, Casinos are required to have a capital to begin or start with and unlike any other business, they will need to have a huge capital to anticipate high rollers on their platform. If ever, you encounter such a casino which would not pay if ever you win due to lack of funds then it's safe to say that platform is a scam which could not run for a long term. 
Is it safe to say that casino platforms is running their business with users find only? I read somewhere that they pay winners with losers money, I couldn't ask him or her if a casino can start business with zero fund at hand, I know that most of them wired their system to favour them more ( lose more and win less ) , if not they will run out of business fast I belief, what do you think about this? Was I wrong about this? Come to think of this, there is no prove that they have some money to pay winners.
There's no casino who don't have any bankroll. Those casino who has literally zero funding is a scam casino no matter how good their design or promotion is, The reality is they can't pay their winning players with other or losers money. It is a long time since I last see a casino who showed their Proof of solvency so yeah it is much pretty hard to identify casino who don't have the proper amount of funds on our current time since most casino don't show their proof of funds/reserves voluntarily. A normal casino has the slight advantage to the players, Please refer about house edge and how it works because it is the way that the casino earn their money.
Casinos shouldn't really operate without funds on hand because it would be very risky to just rely on the mere losses of the players and their deposits. Operating without enough reserve could put the business at risk and even lose your players trust on your site the moment they find out the financial status of the casino. The casino site must have enough bankroll to pay the players their winning and to maintain the website security as well.
This is why in putting up a business, one must really be prepared enough. Otherwise, many troubles and other inconveniences may arrive that could cost the reputation and the operation status of the business. Personally speaking, I wouldn't play and risk depositing if I know that there is no enough fund to sustain the running of the casino site and if I know that the owners have many debts at hand because they might end up vanishing into thin air.
This is why in putting up a business, one must really be prepared enough. Otherwise, many troubles and other inconveniences may arrive that could cost the reputation and the operation status of the business. Personally speaking, I wouldn't play and risk depositing if I know that there is no enough fund to sustain the running of the casino site and if I know that the owners have many debts at hand because they might end up vanishing into thin air.
it would not be possible for a casino to be built without capital, for example online casinos, of course, for the development of the website, it costs money, let alone building the casino itself, of course, with lots of games, of course, it would not be possible without capital, they are big dealers who have a lot of money, of course, to build a casino, unless decentralized casino
According to research, casinos that don't have bankroll always try all means to scam their users through games and they are always not fair with their game.
I am aware that casino license cost a lot in some places and that should be enough to weed out the bad eggs in the casino industry who are out to scam players, revenue is an essential part of the day to day running of the casino.
But start up fund is the basic foundation for establishing a casino and other form of businesses.
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Casino is a serious business that requires a lot of funds and yes they may pay the winner with the loser's money but the casino need a huge bankroll to provide some confidence to their user and this will also make the casino to be fair with their game.
According to research, casinos that don't have bankroll always try all means to scam their users through games and they are always not fair with their game.
According to research, casinos that don't have bankroll always try all means to scam their users through games and they are always not fair with their game.
I could say that it is true that casinos pay the winners with the money lose from other players. I am sure you know that when it comes to gambling, you will always lose and can hardly earn back what you have lose. Casino is a business if you think about casino that it is different of some sort where it is not a business but the truth is that it really is a business. To be able to run a casino then you will need a fund or capital that you will be using to make it happen. One of it is buying license which the casino owners must submit make their gamblers submit KYC.
Is it safe to say that casino platforms is running their business with users find only? I read somewhere that they pay winners with losers money, I couldn't ask him or her if a casino can start business with zero fund at hand, I know that most of them wired their system to favour them more ( lose more and win less ) , if not they will run out of business fast I belief, what do you think about this? Was I wrong about this? Come to think of this, there is no prove that they have some money to pay winners.
In any business profit is at the forefront. So casinos using losers fund to pay the winners is normal but I know that no casino would start up the company with zero fund in their system at least there must be a small fund to run the system before gamblers would loss and win. If a casino uses it own pocket money to pay winners always then what is the reason of setting it up. The interesting part in casino and gambling is loss and win. The unprofessional would loss and the professional would win. That make the game fun. There is cry and there is laughter. Jump to: