New Gambling Site has a Short Signature Campaign - page 2.

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legendary

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Quote from: kamvreto on October 02, 2022, 09:34:53 AM

Some time ago I saw a new gambling site appear with a signature campaign managed by the professional Manager like Hhampuz , Cryptobrainbross. Like campaign Fairspin, Bluechip (which I follow) both gambling sites didn't last long. Fairspin only runs for 2 weeks and Bluechip only runs for 1 week, and for several other signature campaigns it has also started to be held or ended.

Does this bear market affect the finances of the casino sites as well, so they have a low allocation for signature campaigns.

A signature campaign is a part of marketing promotion. if some of the channels do not bring benefits, then you stop investing in that type of advertising.
as far as I have noticed, signature campaigns bring a more tangible result only after a long period. it takes time and constant presence to become recognizable, and for that, you need a slightly bigger budget and patience.
all the short-lived campaigns are expected more in the few first weeks, although this is difficult to achieve, especially in the gambling industry where the competition is huge.

Cookdata

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As a participant, I don't understand if the arguments are necessary, but I think casino marketing on the forum can last depending on several conditions. It could be money, it could be that their expectations were high and the result wasn't appealing to them, or they could change their marketing strategy because, as I've observed, some casinos don't only advertise here on the forum, they have other places they advertise just to get more users into their platforms

Bitcoinchair.com for example do advertise casino on their explorer and I have seen Roobet several times, even 1xbit(_scam) and the same Fairspin people are debating is still right there advertising as you can see from the image below.

As you can see in the image below,Bitcoinchair.com, for instance, does advertise casinos on their explorer. I have seen Roobet multiple times as well as 1xbit (_{a fraud}) and the same Fairspin users are arguing.

So, as I have stated, it is their choice whether to continue or not, but gambling will always exist regardless of the crypto market, it is the users who are no longer earning much from crypto and have all come to signature hunting, which is now diluted with many people, limited campaigns, and plenty applications.

samcrypto

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Quote from: kamvreto on October 02, 2022, 09:34:53 AM

Does this bear market affect the finances of the casino sites as well, so they have a low allocation for signature campaigns.

No because even in Bull market you can see crypto gambling campaign ended early as well, so the market trend doesn’t affect the campaign of a project since it will depends on them on how much is their budget for that particular campaign. Though I see that most of the top site today still have their long signature campaign, and it’s really good for them since they are still in business and they really have a good budget on their marketing campaign which I think is the reason why they are successful today.

Adbitco

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I don't really know were your question is directly going to but i must say Truly the bear market have affected all angles of crypto casinos and only those gambling site that has been established for long might or would only survived it to run a signature campaign because, come to think of it those gambling sites that was launched within 2020/21 when bitcoin were high can online have little volume of bitcoin to pay for marketing dip affected all. Know too well that in every dip people always risk little amount of bitcoin out there while most people keeps buying since they don't know what would happened next while most people have it in mind for bitcoin to get $100k.

Kakmakr

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Every company or business will test the different marketing strategies to see what is the most effective. If they launch a signature campaign on the forum and they do not get enough new customers signing up for their service or casino, it will not help them to continue with that method of marketing.

The post covid period are very tough for many of these businesses, so the marketing budget is very limited and they are forced to pick the method that render the best result. Wink

Oasisman

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Quote from: kamvreto on October 02, 2022, 09:34:53 AM

Does this bear market affect the finances of the casino sites as well, so they have a low allocation for signature campaigns.

I'm not sure, but I think it won't quite affect their budget allocated for the signature campaign as they're allocating Btc. Though they might spend more fractions of Btc compared when Btc is in a higher price, but the same goes when someone uses their platform and deposit their crypto.

The huge difference would be for the budget allocated to run the business long term and the willingness for the owner to risk more budget to promote the website.
You won't expect to get good result with a limited capital in a market where competitions are air tight. Most gambling websites offers common and unique bonuses and rewards to attract more users.

If the sig campaign won't work for them, then for sure the problem would be on how they run their promotions. That means, it is less attractive offer than the other online casinos.

Pierre 2

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I think this bear market lasted too long than overall expected duration. This was mainly caused by global markets. American Dollar crashed anything its against. Covid, War, Gas crisis, inflation... These were all huge issues to be solved. And after all, gambling sites probably also have issue with money. People tend to save their money for regular expenses in such times like this. So signature campaigns may last shorter than usual.

Reatim

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Quote from: Jemzx00 on October 02, 2022, 01:02:26 PM

Quote from: panjul07 on October 02, 2022, 10:52:26 AM

There can be some various reasons why some casinos did short campaign only such as:

Limited budget so they can do it for few weeks only
Evaluation shows that the campaign is not effective for them, this reason can be because many other reasons
Too much expectation from the owner to get quick effects from the campaign, it disappoint the owner so they decided to stop after 1-2 weeks

Coming up to the bear market, I do not think it affects directly because I think every casino knows how to allocate their funds.

Most of the time projects and casinos often run for a few weeks is mainly because they've evaluated it as not effective which in fact could be correct especially signature campaigns are more effective on the long run.

evaluation in short time won't bring them any good result because how could you expect a gambler trusted you when they can see that you have a limited budget in running your advertising?
in which I believe not as effective as they wanted the result.

Quote

Other reason could also be that casinos and other projects hold or end their campaign as they are only trying to test things out. Another possible reason is that funds are much more needed on other sectors or department from which they cut off the budget for advertisements.

yes that is possibilities as we have seen some site that tries to run campaign and stopped shortly but after couple of months or even a year comes back with bigger campaign and stays till now , Like what they did .

swogerino

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The signature is run to test the waters first,if the feedback is good,meaning the sites get a lot of new users signing up from the signature links then most probably they will extend it further.While the signature not being the only way to advertise a crypto casino,I think that the signature is the better of any other form of advertisements because it is run in the most lived crypto space which is exactly this forum here.Rarely I have seen more people interested in crypto outside of this forum,there are other sites who promote crypto casinos but they cannot be compared with our forum.

Don Pedro Dinero

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Quote from: Baofeng on October 02, 2022, 10:47:55 PM

I guess it depends on the budget of the casino itself, not if we are in the bear or bull market.

If we are in a bear or bull market it does affect, because in a bull market even a fool makes money as long as he doesn't screw up.

In a bear market like now, there is less money circulating and companies are limited to allocate the money they have available to what is necessary to continue providing the servica and not have to close.

Quote from: makishart on October 02, 2022, 10:32:08 PM

Agreed, i don't know why OP must always use bearish trend as a reason for signature campaign to be ran in a short time. The team behind gambling platforms are actively monitoring the result from the campaign. We know that there are so many people who actively playing gambling in this forum and it's also crypto related forum which makes the sites seems pretty easy to attract them to visit their sites and try their platforms.

The problem is if it's not always a new site that promoting in this forum must always get a good result from their marketing efforts

Has it ever occurred to you that in a bear market advertising is not as effective? In a situation like the one we are in, the return on investment tends to be lower than when the economy is booming, not just in this sector, but in general.

So yes, the bear market does affect signature campaigns, the new ones tend to last less because of the economic situation.

When we are in a bull market there are more signature campaigns available and they last longer.

peter0425

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Quote from: kamvreto on October 02, 2022, 09:34:53 AM

Does this bear market affect the finances of the casino sites as well, so they have a low allocation for signature campaigns.

I'm not sure if this is the main reason but one thing I am sure about that it is not how the campaign distinguish the effect , most of the gambling sites that expect faster result ends up closure meaning either they have lack of funds? or they have lack of trust in bitcointalk user in which the main target here.
there are several gambling site that runs longer even without advertising in this forum so i think it is their own reason why they don't last long.
as it has been tackled so many times before? that the effect should be at least 2-5 months before finally expect a best result.
if after that range of time yet there are no valid response ? then that means one thing that People around here don't really trust that said site.

Baofeng

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Quote from: kamvreto on October 02, 2022, 09:34:53 AM

Some time ago I saw a new gambling site appear with a signature campaign managed by the professional Manager like Hhampuz , Cryptobrainbross. Like campaign Fairspin, Bluechip (which I follow) both gambling sites didn't last long. Fairspin only runs for 2 weeks and Bluechip only runs for 1 week, and for several other signature campaigns it has also started to be held or ended.

Does this bear market affect the finances of the casino sites as well, so they have a low allocation for signature campaigns.

With the end of several signature campaigns, the competition is getting tougher. As in the Trus Dice campaign, which was managed by Hhampuz, only a few hours after it was opened, many people applied. and for sure those who have the most merit in the last 120 have a chance to be accepted. while those of us who are only able to collect a few merits are sometimes always eliminated and do not get a place.

I guess it depends on the budget of the casino itself, not if we are in the bear or bull market. There are also times that the casino itself will pause the campaign ans gauge everything and think whether they want to continue or not. As far as a I can remember though, Fairspin has been in the crypto gambling industry since 2018 so they are not new, maybe as I have said, make some changes and decided to come back with a brand new signature campaign.

Of course competition are tough, but I think everyone can get a pie of a the pie, it's a billion dollar industry, and it is a niche. So everyone will have to developed it's own strategy.

makishart

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Quote from: cabron on October 02, 2022, 11:56:58 AM

Quote from: makishart on October 02, 2022, 10:16:07 AM

Team is always evaluating the result from the signature campaign. In my opinion if a signature campaign that has been running by a popular site will be going ever longer due to the numerous factors

The revenue from the platform will become main consideration to continue the campaign or not. Remember that only those big sites which have been getting millions dollars of revenue from the gamblers unlike the new sites which have been starting from the bottom.
This is also affecting the duration from the signature campaing that being launched before.

I think that any gambling platform providers have various reasons why the campaign was only going in a short time.

This could be right, they are just probably seeing how the result would be upon applying what casinos does in marketing the casino in the biggest crypto forum.
They could be back in the campaign soon once they tried other marketing strategy. If they find out the signature campaign in the forum works better than the others campaigns they are doing, they might just put more allocation for sig campaign.

Casino doing a signature campaign in bitcointalk earns trust from the community which could be what they are evaluating for now.

Agreed, i don't know why OP must always use bearish trend as a reason for signature campaign to be ran in a short time. The team behind gambling platforms are actively monitoring the result from the campaign. We know that there are so many people who actively playing gambling in this forum and it's also crypto related forum which makes the sites seems pretty easy to attract them to visit their sites and try their platforms.

The problem is if it's not always a new site that promoting in this forum must always get a good result from their marketing efforts

Wexnident

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Quote from: kamvreto on October 02, 2022, 09:34:53 AM

Does this bear market affect the finances of the casino sites as well, so they have a low allocation for signature campaigns.

Not really imo. Crypto in the first place is simply a medium, I don't think it's volatility would be a huge thing for casinos since they still receive and reward strictly the same percent every time a player gambles (unless they reward the winners later, which doesn't happen afaik). I just think it's a matter of testing out the casino/campaign and looking at the results that it brings for that short amount of time.

Some of the old campaigns last long because they've either decided it was worth it for the long run, or with that short-term test they did decide that it would be worth the money and effort to continue doing it imo.

Quote from: goinmerry on October 02, 2022, 07:49:34 PM

Is there even a specific price range matrix that campaigns should follow for us to determine if the allocation for the signature campaign is low or not?

I'd think it's dependent on the casino themselves, so it's different from each casino? A case-by-case basis so to speak. It also depends if they pay depending on rank, on number of posts, as well as the number of members they're willing to accept.

bittraffic

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Quote from: goinmerry on October 02, 2022, 07:49:34 PM

Quote from: kamvreto on October 02, 2022, 09:34:53 AM

Does this bear market affect the finances of the casino sites as well, so they have a low allocation for signature campaigns.

Is there even a specific price range matrix that campaigns should follow for us to determine if the allocation for the signature campaign is low or not?

The bear market has nothing to do with the campaign rates in most cases. If the site just stated a budget for a campaign, then that's their budget. The campaign manager will now propose their campaign structure on that budget or something along those lines.

It's all up to the casino's funding for the marketing campaign. It could be that they are starting a campaign somewhere else like the adnetwork.
Sometimes when the campaign doesn't give results due to the competition for space in the forum, it's the bigger casinos that eats those new casino coming into the game.

The winner takes it all and the loser has to fall. It's from a popular song by the way which is kind of a gambler's theme.

goinmerry

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Quote from: kamvreto on October 02, 2022, 09:34:53 AM

Does this bear market affect the finances of the casino sites as well, so they have a low allocation for signature campaigns.

Is there even a specific price range matrix that campaigns should follow for us to determine if the allocation for the signature campaign is low or not?

The bear market has nothing to do with the campaign rates in most cases. If the site just stated a budget for a campaign, then that's their budget. The campaign manager will now propose their campaign structure on that budget or something along those lines.

nurilham

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A signature campaign in this forum is only one of their ways to promote their gambling platfomr. If they feel that it is enough, they may stop it, not know for only a while or forever. However, at least, they have introduced their platform tot he members here.
In promotion, there are also some consideration whether their adv is successful or not. They have certain data that show how many visitors or new users coming because they know the adv from this forum. And also have the data from other promotion sites or ways. That is why they make certain decisions.
Related tot his current bear market, this may give impact, but as long as they are still operating and doing well, I ma not sure that this s the main reason.

Yogee

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Quote from: Jemzx00 on October 02, 2022, 01:02:26 PM

....
Another possible reason is that funds are much more needed on other sectors or department from which they cut off the budget for advertisements.

It's possible but the I think the chances of this happening is quite slim. They could cut their campaign here but I doubt they would really cut the funds for ads. Maybe they just chose to reallocate the money to other platforms or promotions that generates more leads.

AmoreJaz

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Quote from: KennyR on October 02, 2022, 07:29:49 PM

Every firm have an allocation for the promotion. At times they weren't able to stick to the plans based on the market and the revenue. In recent days I saw a gambling platform that had its signature campaign running for few weeks, but all of the sudden it announced its closure within few months. Later came to know about the reason as lack of revenue. I think the platform was dragoncoin or something like that.

casinos have their own reasons why they are stopping their campaigns for certain period of time. some are saying that they are not getting much traffic despite of the campaign, or there's no improvement with their revenue. so if a site is just a small one, they will stop it to avoid further losses in terms of their income. because paying the sig campaign is a negative income to their site. though we can say, the impact of campaign can't be seen in just couple of weeks of running it, but usually these casinos can't afford to have their losses much longer.

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Quote from: kamvreto on October 02, 2022, 09:34:53 AM

~

Does this bear market affect the finances of the casino sites as well, so they have a low allocation for signature campaigns.

~

Actually, there is no need to be surprised by gambling sites that carry out short campaigns, currently the competition in the crypto online gambling business is really big, many of which only have a small marketing budget. so I see that they only do campaigns with short durations

btw, some time ago I saw several crypto gambling sites that closed their operations for reasonable reasons, intense competition makes gambling sites that are slow in marketing and also have poor service, have to lose in the competition

Topic: New Gambling Site has a Short Signature Campaign - page 2. (Read 464 times)