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Topic: Monk.gg - PARLAY ON CRASH 🚀 | 🏆 ROULETTE WAGER RACE LIVE 🏆 | - page 4. (Read 2049 times)

copper member
Activity: 54
Merit: 4
Having limit seems less attractive for players especially who like to find casinos without limits so that they can bet big, but in a regular casino most of the players are not high rollers. Bigger players are fine for making profits but they take bigger too if they manage to win or somehow find something to win over the casino. We already saw some casinos who could not pay bigger wins and as a result they had to close their business. I think Monk.gg is doing well with these limits.
We want to ensure that user's funds are always accounted for, but in the future we will increase our limits to accommodate to higher rollers Smiley
legendary
Activity: 2464
Merit: 3878
Hire Bitcointalk Camp. Manager @ r7promotions.com
Thanks for the advice, our OP has been updated Smiley
You are welcome and now it looks better :-D

Well, you have to give priority to increase the bankroll of the casino in that case. Gambler will avoid your casino for such low betting limit (for low bankroll).
To increase the limits, they need to have a bigger bankroll and to have a bigger bankroll, they need to have a larger user base. To achieve this, they need time and they need to focus more on promotions and to improve their advertising strategies.
I totally understand the need to set such limits for a new casino with a small bankroll but what I can't understand is why they have different limits for each cryptocurrency!
Having limit seems less attractive for players especially who like to find casinos without limits so that they can bet big, but in a regular casino most of the players are not high rollers. Bigger players are fine for making profits but they take bigger too if they manage to win or somehow find something to win over the casino. We already saw some casinos who could not pay bigger wins and as a result they had to close their business. I think Monk.gg is doing well with these limits.
legendary
Activity: 2702
Merit: 3045
Top Crypto Casino
Well, you have to give priority to increase the bankroll of the casino in that case. Gambler will avoid your casino for such low betting limit (for low bankroll).
To increase the limits, they need to have a bigger bankroll and to have a bigger bankroll, they need to have a larger user base. To achieve this, they need time and they need to focus more on promotions and to improve their advertising strategies.
I totally understand the need to set such limits for a new casino with a small bankroll but what I can't understand is why they have different limits for each cryptocurrency!
legendary
Activity: 1946
Merit: 1026
In Search of Incredible
We actually have a different deposit bonus on Twitter (MONK2024), which requires a 20x wager to claim. This Bitcointalk deposit bonus only requires a 10x wager to claim Smiley
Sorry, I didn't notice the wagering requirement of the Twitter promo code properly. The wagering requirement is indeed 20× for that promo code.

Quote
The bet limits are determined by the bankroll. This is set in place to ensure that we always have enough funds to pay out players. Our bankroll will be increased over time
Well, you have to give priority to increase the bankroll of the casino in that case. Gambler will avoid your casino for such low betting limit (for low bankroll).
sr. member
Activity: 938
Merit: 303
We actually have a different deposit bonus on Twitter (MONK2024), which requires a 20x wager to claim. This Bitcointalk deposit bonus only requires a 10x wager to claim Smiley
I think on your OP, you need to mention it so that Bitcointalk members feel special. It works when you do such things.

Thanks for the advice, our OP has been updated Smiley

      -   @AB de Royse777 is right; since you are going to promote a casino on this forum platform, you should also be the promoter of it and do something that will encourage other gamblers to take a closer look at the casino you want to know in the field of crypto space.

The more gimmicks a casino has, the more gamblers become curious to see what's inside a casino, sometimes even if other casinos imitate other features in other casinos. and they just changed something a little; other gamblers still beat it because of the curiosity they have, so you should do the same. This is just my opinion.
copper member
Activity: 54
Merit: 4
We actually have a different deposit bonus on Twitter (MONK2024), which requires a 20x wager to claim. This Bitcointalk deposit bonus only requires a 10x wager to claim Smiley
I think on your OP, you need to mention it so that Bitcointalk members feel special. It works when you do such things.

Thanks for the advice, our OP has been updated Smiley
legendary
Activity: 2464
Merit: 3878
Hire Bitcointalk Camp. Manager @ r7promotions.com
We actually have a different deposit bonus on Twitter (MONK2024), which requires a 20x wager to claim. This Bitcointalk deposit bonus only requires a 10x wager to claim Smiley
I think on your OP, you need to mention it so that Bitcointalk members feel special. It works when you do such things.

copper member
Activity: 54
Merit: 4
You have also offered the same deposit bonus for all other users on twitter. There are only difference between the promo code, the terms and limitations of the deposit bonus is same.
We actually have a different deposit bonus on Twitter (MONK2024), which requires a 20x wager to claim. This Bitcointalk deposit bonus only requires a 10x wager to claim Smiley

The primary reason for the low traffic is their max bet and max win limit. They have very low max win limit. I have noticed it for the first time when the game wasn't accepting my $40 bet (in LTC). This limit is also small for a gambler who plays with a small bankroll.
The bet limits are determined by the bankroll. This is set in place to ensure that we always have enough funds to pay out players. Our bankroll will be increased over time
legendary
Activity: 1946
Merit: 1026
In Search of Incredible
We already have a Bitcointalk deposit welcome bonus, but we'll be offering more rewards exclusively to the Bitcointalk community in the future
You have also offered the same deposit bonus for all other users on twitter. There are only difference between the promo code, the terms and limitations of the deposit bonus is same.

~snip~
The primary reason for the low traffic is their max bet and max win limit. They have very low max win limit. I have noticed it for the first time when the game wasn't accepting my $40 bet (in LTC). This limit is also small for a gambler who plays with a small bankroll.

legendary
Activity: 3066
Merit: 1312
There are only one or two active players on the platform.
That's low number of active players, although they have normal game where players can play against the house but the other games are pvp based game which may make players are not patient enough to wait for other players just for a single bet. The other reasons why it has so low number of players is maybe because there are only 4 games, no good offers that attract players to play longer, and of course this is still a new site so there are many homework to do by the owner if they want to survive in the industry.
copper member
Activity: 54
Merit: 4
10x wagering is indeed not bad. for me, that is achievable also and with your good strategies, you can actually make your bankroll alive and earn more. let us see their next bonus or rewards to the community...because they already should be thinking on their next attraction, right?
10x wagering for this deposit bonus is very achievable and actually is in the player's favor. We did this exclusively for the Bitcointalk community Smiley

Maybe they don't have the plan to offer anything exclusive to the Bitcointalk gambling community.
We already have a Bitcointalk deposit welcome bonus, but we'll be offering more rewards exclusively to the Bitcointalk community in the future
hero member
Activity: 784
Merit: 672
Top Crypto Casino
Maybe they don't have the plan to offer anything exclusive to the Bitcointalk gambling community. There are only one or two active players on the platform.
They should not give up on a platform like this because it's not easy to gain 100's of active players within few weeks. I believe it would be a worst step for them if they don't offer exclusive bonuses and other things for Bitcointalk gamers community.

They'll miss so many good players and that's the worst thing a casino can ever do. I hope that they'll soon offer some exclusive bonuses and other programs for Bitcointalk users so they can get some good players from Bitcointalk gaming community.
legendary
Activity: 1946
Merit: 1026
In Search of Incredible
the answer to your query is quite interesting. does your first withdrawal triggered their system? well, we won't know their internal protocols regarding this matter. but an honest answer from their side is greatly appreciated.
but good to know that they are giving a deposit bonus for bitcointalk users.
No, my first withdrawal hasn't triggered the KYC verification there. They have completely updated their system. I have noticed that other users are also talking about the mandatory KYC verification on the chat of the casino. BTW, the deposit bonus isn't an exclusive bonus for Bitcointalk forum members. They have offered it for other members too on their twitter post.

Quote
let us see their next bonus or rewards to the community...because they already should be thinking on their next attraction, right?
Maybe they don't have the plan to offer anything exclusive to the Bitcointalk gambling community. There are only one or two active players on the platform.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
Unfortunately, due to our gambling license KYC is required on our platform. However, we use a trusted external KYC provider (Veriff) that makes the KYC process, quick and easy. It shouldn't take longer than a minute or so.
A small number of casinos have taken their gambling license from Curacao master license operator 'Curacao Interactive Licensing N.V.'. The KYC verification isn't mandatory on the other casino where the master license operator is same. I'm wondering that what is the specific reason to make it mandatory on your casino! I was able to place bets and make withdrawal with my first deposit without getting any error message. Have you implemented the mandatory verification system in this month?

the answer to your query is quite interesting. does your first withdrawal triggered their system? well, we won't know their internal protocols regarding this matter. but an honest answer from their side is greatly appreciated.
but good to know that they are giving a deposit bonus for bitcointalk users. now, once they got the attention of some of the forum gamblers, they need to think next on how to sustain such interest? because we all know the sustenance is quite hard to maintain considering that they are on the pvp gambling side of business.
just think of how many casinos survived on this concept? and you will understand what kind of challenge they are putting into this. i am actually in awe that they really managed to acquire their Curacao license considering the longevity of this type of gambling platform.

UPDATE: To celebrate the recent rollout of our bonus code system, we're giving out a deposit welcome bonus to the Bitcointalk community, enjoy!
The bonus is pretty attractive as it has only 10× wagering requirement. And I liked the system of allowing the user to complete the remaining wager with more deposits (if the user lose the initial deposit). I had tried the bonus and requested for a withdrawal after completing the wagering requirement. It was surprising that my withdrawal was processed instantly. Does Monk.gg process all the withdrawals instantly?

The parlay betting system of the crash game is quite interesting, but it is a bit risky. The max bet limit need to be increased. The UI of the crash and roulette games are also needed to be updated for the mobile users. It is annoying to scroll up and down to place each bets and wait for the result.

10x wagering is indeed not bad. for me, that is achievable also and with your good strategies, you can actually make your bankroll alive and earn more. let us see their next bonus or rewards to the community...because they already should be thinking on their next attraction, right?
legendary
Activity: 1946
Merit: 1026
In Search of Incredible
Unfortunately, due to our gambling license KYC is required on our platform. However, we use a trusted external KYC provider (Veriff) that makes the KYC process, quick and easy. It shouldn't take longer than a minute or so.
A small number of casinos have taken their gambling license from Curacao master license operator 'Curacao Interactive Licensing N.V.'. The KYC verification isn't mandatory on the other casino where the master license operator is same. I'm wondering that what is the specific reason to make it mandatory on your casino! I was able to place bets and make withdrawal with my first deposit without getting any error message. Have you implemented the mandatory verification system in this month?
copper member
Activity: 54
Merit: 4
All of our withdrawals are instantly processed if a user has completed the level-1 & level-2 KYC requirements.
But my first withdrawal was processed instantly even though I'm not KYC verified on your casino. Anyway, I just found $3 (received from rain) on my account today after visiting Monk.gg. Now I'm getting this message whenever I'm trying to place the bets



Although the level 1 KYC is related to the basic information about a person, still I'm not satisfied with such system.

Unfortunately, due to our gambling license KYC is required on our platform. However, we use a trusted external KYC provider (Veriff) that makes the KYC process, quick and easy. It shouldn't take longer than a minute or so.
sr. member
Activity: 854
Merit: 424
I stand with Ukraine!
All of our withdrawals are instantly processed if a user has completed the level-1 & level-2 KYC requirements.
But my first withdrawal was processed instantly even though I'm not KYC verified on your casino. Anyway, I just found $3 (received from rain) on my account today after visiting Monk.gg. Now I'm getting this message whenever I'm trying to place the bets



Although the level 1 KYC is related to the basic information about a person, still I'm not satisfied with such system.
Your post is like if you don't receive anything from rain drop, your account will not be required to fullfil KYC.

By the way, I would like to know whether the casino allows users to withdraw money without KYC even at basic level. Just with some waiting time, not instant.

Because you successfully withdrawn without KYC, and even instantly proceeded but the term from casino (in the quote) is KYC needed.
legendary
Activity: 1946
Merit: 1026
In Search of Incredible
All of our withdrawals are instantly processed if a user has completed the level-1 & level-2 KYC requirements.
But my first withdrawal was processed instantly even though I'm not KYC verified on your casino. Anyway, I just found $3 (received from rain) on my account today after visiting Monk.gg. Now I'm getting this message whenever I'm trying to place the bets



Although the level 1 KYC is related to the basic information about a person, still I'm not satisfied with such system.
copper member
Activity: 54
Merit: 4
UPDATE: To celebrate the recent rollout of our bonus code system, we're giving out a deposit welcome bonus to the Bitcointalk community, enjoy!
The bonus is pretty attractive as it has only 10× wagering requirement. And I liked the system of allowing the user to complete the remaining wager with more deposits (if the user lose the initial deposit). I had tried the bonus and requested for a withdrawal after completing the wagering requirement. It was surprising that my withdrawal was processed instantly. Does Monk.gg process all the withdrawals instantly?

The parlay betting system of the crash game is quite interesting, but it is a bit risky. The max bet limit need to be increased. The UI of the crash and roulette games are also needed to be updated for the mobile users. It is annoying to scroll up and down to place each bets and wait for the result.

Yup, we specifically chose a bonus wager requirement for the Bitcointalk community that is low and obtainable. And I'm glad that you were able to claim, redeem, and withdraw your deposit bonus reward  Grin

All of our withdrawals are instantly processed if a user has completed the level-1 & level-2 KYC requirements. Completing KYC is very simple and straightforward and we work with a trusted 3rd-party KYC platform (Veriff).
legendary
Activity: 1946
Merit: 1026
In Search of Incredible
UPDATE: To celebrate the recent rollout of our bonus code system, we're giving out a deposit welcome bonus to the Bitcointalk community, enjoy!
The bonus is pretty attractive as it has only 10× wagering requirement. And I liked the system of allowing the user to complete the remaining wager with more deposits (if the user lose the initial deposit). I had tried the bonus and requested for a withdrawal after completing the wagering requirement. It was surprising that my withdrawal was processed instantly. Does Monk.gg process all the withdrawals instantly?

The parlay betting system of the crash game is quite interesting, but it is a bit risky. The max bet limit need to be increased. The UI of the crash and roulette games are also needed to be updated for the mobile users. It is annoying to scroll up and down to place each bets and wait for the result.
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