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Topic: 🎮 Playbet.io 🎮 Crypto Casino & Sportsbook 🎁 WIN 1 BTC 🎁 - page 16. (Read 4690 times)

copper member
Activity: 13
Merit: 3
I cant find information if there are any withdrawal fees for Bitcoin, if someone can answer that please, and players should know minimum deposits before sending coins:
Withdrawals with bitcoin or any other crypto is completely free and processing time is instant.

Here you will see the minimum deposits and withdrawals for the different payment options - https://www.playbet.io/payments

They don't write about minimum withdrawal, at least with my findings.
Check the link above for that information.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
Welcome to bitcointalk forum Playbet.
It is not easy to keep up with new casinos but new signature campaign caught my attention and I decided to perform testing of playbet casino.
So far everything looks ok and I like selection of sports and different MMA promotions, but I will try to post my review in next days.
I cant find information if there are any withdrawal fees for Bitcoin, if someone can answer that please, and players should know minimum deposits before sending coins:

Code:
MINIMUM Deposit - LOWER AMOUNTS WILL BE LOST: 0.00020 BTC, 0.01 ETH, 0.15 LTC, 0.025 BCH, 72 DOGE, 10 USDT, 21 XRP, 0.020 BNB, 24 ADA, 90 TRX
Information on minimum deposit and withdrawal is very important for guests and users. It helps them to have more reasons to join a new platform as well as make their plans for deposits especially withdrawals. It's helpful for their plans to choose a proper cryptocurrency that can help them to save more in withdrawal fee.

Deposits
Quote
11.8. Any deposit has to be wagered 3 times (players must place bets three times of their deposit amount) before the withdrawal of funds connected to this deposit is available. In case several deposits were made with no gaming activity, the player has to wager the total amount of these deposits prior to withdrawal. Otherwise, Playbet.io has a right to charge a fee for the procession of deposit and withdrawal, which is at the sole decision of Playbet.io.

Withdrawals
Quote
Is there a maximum withdrawal rule I should know about?
We don't enforce any limits.

In which currencies can I deposit and withdraw?
You can deposit and withdraw using the following cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Dogecoin (DOG), Tether (USDT), Ripple (XRP), Binance Coin (BNB), Cardano (ADA), and TRON (TRX).

They don't write about minimum withdrawal, at least with my findings.
legendary
Activity: 1666
Merit: 1158
True that you dont have to wager or lose just for the tickets but remember that we should wager 3x of the deposited amount before you are allowed to withdraw your money.
3x wager on deposit without bonus is a bit bigger than the standard one (1x) but there are also some casinos with 5x wager requirement on deposit without bonus.
If playbet want to be competitive, better to reduce the 3x wager requirement to 2x or 1x so it will be much friendlier to players.
You are right that there will be 100 winners but only 2 decent prizes because the other 98 prizes are just free spins worth $10 only.
Oh, I get you now. On this, I think you’re not far from the truth. 3X wagering requirement though within acceptable standards isn’t what most gamblers want to see. Most gamblers actually want a possibility of withdrawal after at most 1x wagering requirement. Even then still, you would find those that don’t wish to roll over all their deposit. Even with a fraction of it, they expect that they’ll be able to withdraw already.

However, the wagering requirement is just one means to ensure your not just there for money laundering purposes amongst others but, haven’t done 1x, you should be good. 3X wagering requirement over here, I think it’s something the admins should look into or perhaps have some backed reason that would be appealing to the community as to why but, I can understand it if it to be the T&C for Playbet.io
legendary
Activity: 2086
Merit: 1282
Logo Designer ⛨ BSFL Division1
Welcome to bitcointalk forum Playbet.
It is not easy to keep up with new casinos but new signature campaign caught my attention and I decided to perform testing of playbet casino.
So far everything looks ok and I like selection of sports and different MMA promotions, but I will try to post my review in next days.
I cant find information if there are any withdrawal fees for Bitcoin, if someone can answer that please, and players should know minimum deposits before sending coins:

Code:
MINIMUM Deposit - LOWER AMOUNTS WILL BE LOST: 0.00020 BTC, 0.01 ETH, 0.15 LTC, 0.025 BCH, 72 DOGE, 10 USDT, 21 XRP, 0.020 BNB, 24 ADA, 90 TRX
full member
Activity: 238
Merit: 177
However, the advertising effect is certain to materialize. Personally, for example, I would never have registered and played at BC.Game if it wasn't so heavily advertised in the forum. The same applies to 1win, I certainly wouldn't have created an account there either if they hadn't started the campaign!
I don't think anyone would have played it if the campaign wasn't good. When a casino site is well promoted through the marketing system it reaches all the gamers from where they may play this game in surplus.

This promotion is definitely important for a casino site to find good quality casino gamers and whenever a casino site is promoted through forums it is seen to be more trusted by all casino players. Although their initial journey was not so good but after this campaign the casino sites are doing very well and they have got a lot of casino players they have benefited a lot from this campaign.
sr. member
Activity: 938
Merit: 460
Basically, I completely agree with you here. But you mustn't forget that the expenses for (large) signature campaigns with many participants - I'm thinking of the early days of Roobet or BC.Game as examples here - do cost a lot. Especially in the beginning, the turnover (let alone the profits) of new casinos isnt that high so that the campaign costs can be recouped quickly. New casinos therefore have to dig deep into their pockets and accept losses, at least initially, when they launch signature campaigns.
They can start small, see effects, scale it up more, and maintain it for many months, even years but let it be realistic, all parties have to end some days. So they can narrow down their campaigns or even end it eventually. So don't feel bad when a very good paid and big campaign in total participants is narrowed down in its size, at least it is better than completely finished and stopped.

Bitsler, Yolodice, FortuneJack and more brands can be used as examples. Bitsler and Yolodice ended their campaigns and never resumed it, while FortuneJack stopped their campaign many months but came back, maintained it many months before stopping it again.
legendary
Activity: 2184
Merit: 1302
Playbet.io - Crypto Casino and Sportsbook
However, the advertising effect is certain to materialize. Personally, for example, I would never have registered and played at BC.Game if it wasn't so heavily advertised in the forum. The same applies to 1win, I certainly wouldn't have created an account there either if they hadn't started the campaign!
I second that and the case is the same with me, all of the crypto casinos that i have registered and gambled in, i did so because they were actively promoted in this forum and that allured me to try out their service. Traffic in Playbet is definitely going to increase, though it might not happen immediately, but if the casino's signature and avatar continues to show up in the forum for a long time, it will allure quite a lot of new players and keep existing ones.
sr. member
Activity: 1638
Merit: 364
https://shuffle.com?r=nba
Talking about 3X rollover for deposit. If you deposit in an online casino and you just want to withdraw it afterward, it's easy to meet the X3 wagering requirement. All you need to do is bet it on 1.01 odds in Limbo or Dice. The only problem with this is that, even at such low odds, there's still a chance of losing. I've done this a few time with my deposit same scenario, also like when I win a contest in the games and rounds board with X2 wagering requirements.

legendary
Activity: 2520
Merit: 3054
Wheel of Whales 🐳
[...]
A signature campaign is a good start but it needs to be run for a while like 1 or 2 months, before they assess its impacts, and consider for its continuation or stop it. Running a signature campaign for too short time as a test, won't be helpful for their brand and kind of wasting money.
Basically, I completely agree with you here. But you mustn't forget that the expenses for (large) signature campaigns with many participants - I'm thinking of the early days of Roobet or BC.Game as examples here - do cost a lot. Especially in the beginning, the turnover (let alone the profits) of new casinos isnt that high so that the campaign costs can be recouped quickly. New casinos therefore have to dig deep into their pockets and accept losses, at least initially, when they launch signature campaigns.

However, the advertising effect is certain to materialize. Personally, for example, I would never have registered and played at BC.Game if it wasn't so heavily advertised in the forum. The same applies to 1win, I certainly wouldn't have created an account there either if they hadn't started the campaign!
legendary
Activity: 2506
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
I believe it will be better because the casino will actually be giving the user a "free added balance", BUT IF the user is willing to deposit his/her own money to the casino, then actually play in the casino without depending on a "donation".


This suggestion works well for both the casino and the users. Just handing out free balance doesn’t really push people to take risks. Maybe it could work for competitions with only a few winners who get some free bets. But let’s leave that to the Playbet.io team. I’m sure they’ve got some promotions lined up, especially with the holidays coming.


Plus to be given "something" by a casino or any kind of Bitcoin service, the user must provide something for the service as well. Incentivization should go in two directions.

- A user's deposit for a 100% bonus with low wagering requirements. If the offer is exclusive for BitcoinTalk users and if it's also a limited time offer, I believe that could both be a good opportunity for the forum's users, and a good opportunity for the casino to have their service tested by the community as well.

They need to plan this carefully to make sure they’re not just giving away free money. If they want to run a promo, they could always take cues from what other casinos are doing, but creating something original and attractive is even better. For now, it’s still early for these big moves. I think they’ll take it one step at a time - starting with a signature campaign is already a solid start. Eventually, the rest will follow. Every casino advertising here is aiming for good results, and good results need good effort to back them up.

You are absolutely right and i agree with you...
It is common said that "a journey of a thousand miles, usually begins with a step", this is very true..

When it comes to creating giveaways, specially for a casino that is just starting and yet to find her footing, it's important for the management of that casino to do a proper research to find out the best way the giveaway should be carried out so it brings the business maximum benefit, as personally, I've noticed, or rather seen that casinos do not run giveaways with no strings attached, every penny a casino gives out in bonuses and giveaways, rest assured that they will get more than double of that money from that user and or several other users.

It is also not a bad thing for the casino to come up with her own personal and unique way of doing a giveaway, but then, the end goal is always be considered first and made a priority to make sure that money is not just freely given out to people who may never add any value to the growth of the casino business.
sr. member
Activity: 938
Merit: 460
They need to plan this carefully to make sure they’re not just giving away free money. If they want to run a promo, they could always take cues from what other casinos are doing, but creating something original and attractive is even better. For now, it’s still early for these big moves. Eventually, the rest will follow. Every casino advertising here is aiming for good results, and good results need good effort to back them up.
They can learn from other casinos in marketing too but no company is the same. They have different platforms, products, customer bases, business budget and revenue, so they have to analyze many things before approving budget for marketing. Small casinos can not learn big casinos and repeat similar marketing programs because they won't have enough financial resource for doing it.

Learning from other competitors in this industry, and make their own plans, is a way to success, with lot of challenge, tests for learning and adjustment with time, for their business development.

Quote
I think they’ll take it one step at a time - starting with a signature campaign is already a solid start.
A signature campaign is a good start but it needs to be run for a while like 1 or 2 months, before they assess its impacts, and consider for its continuation or stop it. Running a signature campaign for too short time as a test, won't be helpful for their brand and kind of wasting money.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
I believe it will be better because the casino will actually be giving the user a "free added balance", BUT IF the user is willing to deposit his/her own money to the casino, then actually play in the casino without depending on a "donation".


This suggestion works well for both the casino and the users. Just handing out free balance doesn’t really push people to take risks. Maybe it could work for competitions with only a few winners who get some free bets. But let’s leave that to the Playbet.io team. I’m sure they’ve got some promotions lined up, especially with the holidays coming.


Plus to be given "something" by a casino or any kind of Bitcoin service, the user must provide something for the service as well. Incentivization should go in two directions.

- A user's deposit for a 100% bonus with low wagering requirements. If the offer is exclusive for BitcoinTalk users and if it's also a limited time offer, I believe that could both be a good opportunity for the forum's users, and a good opportunity for the casino to have their service tested by the community as well.

They need to plan this carefully to make sure they’re not just giving away free money. If they want to run a promo, they could always take cues from what other casinos are doing, but creating something original and attractive is even better. For now, it’s still early for these big moves. I think they’ll take it one step at a time - starting with a signature campaign is already a solid start. Eventually, the rest will follow. Every casino advertising here is aiming for good results, and good results need good effort to back them up.
legendary
Activity: 2688
Merit: 1262
If we look at the "number" only of the wagering requirement, yes 3 looks low but in fact it becomes high when it comes to real gambling.
Imagine you make a $100 deposit, then you win big (lets say $500) just after several bets (lets say after wagering 1x of the deposit).
With the 3x wagering requirement, you wont be able to withdraw your winning because you have not completed the wagering requirement yet.
In other words, you have to wager more with your winning which means that there is a chance for you to lose back what you have won before but of course there is also a chance for you to win more.
That's what I thought.

I got a win of 1.50 from my deposit. Like deposit 300$ and win 150$ with just a 3-4x bet streak win some country that's already one month salary. In the end, got losing 125$ and ended with just 25$. Every gambler want to deposit - withdraw faster.

But, always got some stuck in waggering deposit (If he got streak win in beginning).
legendary
Activity: 3500
Merit: 1354
-snip-
3x wager on deposit without bonus is a bit bigger than the standard one (1x) but there are also some casinos with 5x wager requirement on deposit without bonus.
If playbet want to be competitive, better to reduce the 3x wager requirement to 2x or 1x so it will be much friendlier to players.
Your suggestion is basically very constructive - panjul07, but will it really have a significant impact on user interest?
I don't think 3x the bet is too high an amount for users - after all they can still bet on the minimum bet if they just want to meet the requirements before withdrawing their balance.

I certainly agree with your suggestion - meaning the lower the wagering requirements the more competitive the casino will be in the gambling industry. Customer interest may grow due to unexpected little things - so any advice may need to be taken into account by the team if it is of any use.

If we look at the "number" only of the wagering requirement, yes 3 looks low but in fact it becomes high when it comes to real gambling.
Imagine you make a $100 deposit, then you win big (lets say $500) just after several bets (lets say after wagering 1x of the deposit).
With the 3x wagering requirement, you wont be able to withdraw your winning because you have not completed the wagering requirement yet.
In other words, you have to wager more with your winning which means that there is a chance for you to lose back what you have won before but of course there is also a chance for you to win more.
legendary
Activity: 2688
Merit: 1262
Your suggestion is basically very constructive - panjul07, but will it really have a significant impact on user interest?
Off course, it's really effecting for user interested.

Just think, If we have some casino who have rules deposit waggering 1x TO. Why we should play on the casino who are having 3x TO, It's gambling even with 1x TO still hard to archive (In case, we got streak win a couple time after we deposit and without a lose).

Some of us, just making bet and losing some money for full fill the waggering deposit



BTW, 1x deposit waggering is not new. It's just unwritten rules for (money laundy), to avoided user laundry the money. Some of casino stated these in term & condition, and some of them not (but still having 1x waggering). Otherwise you can get marked to be check + KYC.
legendary
Activity: 2898
Merit: 1823
I believe it will be better because the casino will actually be giving the user a "free added balance", BUT IF the user is willing to deposit his/her own money to the casino, then actually play in the casino without depending on a "donation".


This suggestion works well for both the casino and the users. Just handing out free balance doesn’t really push people to take risks. Maybe it could work for competitions with only a few winners who get some free bets. But let’s leave that to the Playbet.io team. I’m sure they’ve got some promotions lined up, especially with the holidays coming.


Plus to be given "something" by a casino or any kind of Bitcoin service, the user must provide something for the service as well. Incentivization should go in two directions.

- A user's deposit for a 100% bonus with low wagering requirements. If the offer is exclusive for BitcoinTalk users and if it's also a limited time offer, I believe that could both be a good opportunity for the forum's users, and a good opportunity for the casino to have their service tested by the community as well.
legendary
Activity: 1064
Merit: 1228
-snip-
3x wager on deposit without bonus is a bit bigger than the standard one (1x) but there are also some casinos with 5x wager requirement on deposit without bonus.
If playbet want to be competitive, better to reduce the 3x wager requirement to 2x or 1x so it will be much friendlier to players.
Your suggestion is basically very constructive - panjul07, but will it really have a significant impact on user interest?
I don't think 3x the bet is too high an amount for users - after all they can still bet on the minimum bet if they just want to meet the requirements before withdrawing their balance.

I certainly agree with your suggestion - meaning the lower the wagering requirements the more competitive the casino will be in the gambling industry. Customer interest may grow due to unexpected little things - so any advice may need to be taken into account by the team if it is of any use.
legendary
Activity: 3500
Merit: 1354
And it is not just USDT that they are accepting, all other crypto such as ADA or BNB that you deposited with that equivalent of 1 ticket entry. And it will still run for 24 more days, so it's obvious that the more you play, the higher your chances of winning that big price.
Not completely true, because ticket is earned based on our deposit not based on how much we play/wager.
The words "the more you play" usually refers to how much we wager not how much the deposit we made so IMO the correct statement should be the more you deposit = the higher chance for you to win the raffle because you will get more tickets.
I think it’s actually fair, the means by which these tickets are being awarded and yeah, it doesn’t take into considerations the wagering. You don’t get to wager and lost or rollover a certain amount to be awarded tickets. That’s the best part of it. You even get a ticket for registration and the chances of winning, it’s really a ticket at a time. Although, having multiple tickets gives you that a higher probability of being lucky but, the win isn’t limited to only a few users. There is to be 100s of winners in this and that’s really cool.

True that you dont have to wager or lose just for the tickets but remember that we should wager 3x of the deposited amount before you are allowed to withdraw your money.
3x wager on deposit without bonus is a bit bigger than the standard one (1x) but there are also some casinos with 5x wager requirement on deposit without bonus.
If playbet want to be competitive, better to reduce the 3x wager requirement to 2x or 1x so it will be much friendlier to players.
You are right that there will be 100 winners but only 2 decent prizes because the other 98 prizes are just free spins worth $10 only.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
I believe it will be better because the casino will actually be giving the user a "free added balance", BUT IF the user is willing to deposit his/her own money to the casino, then actually play in the casino without depending on a "donation".
This suggestion works well for both the casino and the users. Just handing out free balance doesn’t really push people to take risks. Maybe it could work for competitions with only a few winners who get some free bets. But let’s leave that to the Playbet.io team. I’m sure they’ve got some promotions lined up, especially with the holidays coming.
legendary
Activity: 2898
Merit: 1823
Many online casinos here have given free balances to the community to try their websites. Maybe you would like to offer a free balance to those who register on your site as well. Even with x40 wagering requirements, as long as there's no deposit requirement, just so people can try your platform. Or consider running contests in the Games and Rounds section, like what most top online casinos here are doing.


It's probably more preferable to offer a maximum bonus of perhaps a "$100.00 First Time Deposit Bonus", for a limited time for BitcoinTalk users WITH low wagering requirements.

I believe it will be better because the casino will actually be giving the user a "free added balance", BUT IF the user is willing to deposit his/her own money to the casino, then actually play in the casino without depending on a "donation".
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