Topic: Recommendations for Real Cryptocurrency Casinos - page 2. (Read 1396 times)

Business and investment are clearly different, friends.
Business is a business that was built or started from 0 with hard work and full of struggle to be able to get the business to grow big so that it can generate a certain amount of profit that is certain for the business owner, while investment is giving money to make an investment asset in order to get a profit if These assets have high value and it is still uncertain whether they will succeed because in investing, the ones who play a big role in success are not us as investors, but they are the holders of the projects we invest in.
From the point of view of understanding alone, it is clearly different then what will be equated.


Yes, gamblers are like gold for casino owners because the more gamblers eat, the greater the profits that can be taken by casino business owners.
In the gambling industry, only casino owners can get rich, while gamblers will only be people who slowly lose a lot of money, so the assumption that gamblers can get rich from gambling is just a joke.
At this point, we should understand that not everyone in the gambling industry can take advantage easily.

Not everyone enters gambling with business considerations, even those who enter and often do so just for entertainment or as a place to relieve stress, by choosing a few games and starting to make bets. The people who enter the casino for business considerations, of course, are those who enter with quite a lot of money and hope to get a jackpot or more returns.

In casinos you can't just say that betting in casinos is an investment, it's too risky.
A good investment for cryptocurrency is to trade or hold some of the top coins like Bitcoin.

The casino is a gambling platform that will give you a game of luck, if you are not lucky then you will lose.
Adjust the investment that you will do, not everything can be called an investment.
For long-term investment is better to use a platform that is intended for investment, not gambling.

No one would invest in a casino without business considerations. The main purpose is to invest money and get returns from it. But the short term or long term returns from the casino will depend on the popularity of the casino. If a casino can attract gamblers in a short period of time then there will be a short term investment. But there is no way to consider it as a short term before investing. Long term investment is worthy to invest such type of project.

I guess you haven't really played in many casinos because that is so not true. Some online casinos may allow you to make a deposit using Bitcoin, but they convert the cryptocurrency into fiat before crediting it to your account. Similarly, when you want to withdraw your funds, they convert it back to cryptocurrency before allowing you to transfer it to your wallet. Bitinity gave a good example regarding Duelbits casino.

Of course, no casino converts gamblers' money into fiat because money and fiat are the same thing.
I'm a little confused about what your sentence means.
The option to make withdrawals or deposits using bitcoins and other types of crypto is certainly supported by gambling sites because all the casinos here are cryptocurrency based.
From the 4 sentences of your post in the last sentence I can't understand it, try to give a clearer response in each sentence.

Op has his own criteria on what is Real Cryptocurrency casinos as what he said in other posts in the first page. Yes we are here at bitcoin forum and all casinos here are crypto based casino but there are some casinos that do convert our deposit into fiat and we cant play with crypto value on our bet since the value unit is converted into fiat by the system of the casino. Duelbits is one of the example, once you make a crypto deposit, your balance will not be shown in crypto, but it will be shown in coin (usd). Lets say you make a 0.01btc deposit, you wont see it in your account balance as 0.01btc but it will be shown as 277 (usd). It means that players are not able to play something like 100 satoshi 1000 satoshi etc but players will be able to play with 0.01/0.1/1 coin (usd).

that's what I thought a long time ago if you want to be rich don't become a gambling player but become a casino gambling site owner, because of course the money spent remains the same, the gambler spends a lot of money and sells all his assets to play and continues to lose and also lose while the gambling site owner spends a lot of money at the beginning then withdraw all the profits every day. that's why I don't want to be rich because gambling will be difficult, changing my mindset to play wiser, after all talking about investments and profits of course being a casino owner is more profitable than being a player in that casino

Yes, some conversations here are out of topic but the OP has asked which are the recommended crypto casino where we can deposit and withdraw in bitcoin/crypto and i guess all of the casinos we know here on bitcoin talk are crypto-based casinos 

The question is so opened ended that it can lead to any discussion.

And also none of the casinos convert your money into fiat, we have the option to withdraw in bitcoin or any other supported crypto by the gambling site.

Several last posts are out of topic already as the discussion is no longer about what is asked by OP. I suggest you guys to stick on the main topic, it is about casinos where players can deposit/play/withdraw with crypto and where the casino do not convert it into fiat. @decodx, I think you need take an action for your thread, better to lock it if the discussion is no longer on your main topic.

Yes, it is an investment. How did you say that nobody considered casino operation as a type of investment? Every business is an investment. The owner invest to operate, market, and maintain the casino. How cannot it be considered as an investment in the first place???

Nobody considers the casino business as an investment.
The casino business was built using quite a lot of cash capital and the owner must continue to prepare money at any time if needed and profits from this business can be obtained at any time without having to wait for a long period of time if the casino has achieved success and managed to become a big casino while investing someone spends money to get profits and profits can be obtained when what is invested has high value and requires patience because investments tend to be long term.
Even though both are equally profitable, they have a big risk of experiencing a loss or losing the amount of money spent.
But it is true what you said that the gambling business can generate more profits than an investment.

If it is about being smart, they better go with bounty campaigns as it gives them more exposure and the cost of it can be cheaper than what we are paying for a sig campaign in the service section. They shouldn't worry if they have less followers in their social media accounts and other platforms because one of the requirements in a bounty campaign is to follow the company.

A casino business is still considered as an investment but unlike the typical investment, we only need to put more effort on here. If we are successful, the profits that we can get is more extra ordinary than any other investments out there because gambling industry is high in demand right now.

I agree that advertising is an investment that pays for itself over time. The key is to find a promotion that is effective and efficient. I think it is also important to track the results of the promotion to see how effective it is. It helps you to know what works and what doesn't work, and you can make adjustments and improve the promotion to get better results. Another thing to consider is the target audience. It's important to identify who your target audience is and tailor your promotion strategies to them. For example, if your target audience is young adults, you may want to focus on social media platforms such as Instagram and TikTok, as these are popular among that demographic. On the other hand, if your target audience is older adults, you may want to focus on traditional advertising methods.

But, the most important thing to consider is the quality of service that the casino provides. No matter how much you promote the casino, if the service is not good, customers will not return. Therefore, it's important to provide excellent customer service and ensure that the casino offers a great gaming experience. Quality of service is key to retaining customers and attracting new ones. This can lead to positive word-of-mouth promotion and help to attract more customers.

Yeah right, the harvest of success is possible if you market your network the right way, I mean if you start promoting and those people who will be interested will use your promotional link then the profits is surely be decent for you,

it's just a matter of how you know and how you will use your opportunities to take advantage and make sure that you'll going to promote and invite interested people to use your referrals along the way there's always a good possible benefits from each gamblers that will play and enjoy inside the casino site.

It is true, but you have to be smart with the type of promotion, for example here in the forum there is the option of signature campaigns, and you can also promote if you have active social networks with many followers, because those who are in gambling and sports betting you are always looking for new opportunities to try and win, a casino is obviously seen as an opportunity, but advertising is an investment that will pay for itself over time , so there is nothing wrong with being able to make the effort, I know that every start is hard, but it is worth trying to have good benefits in the long term.

For a new casino to grow as fast as possible, what they need is promotion. They need a consistent promotion for both influencers and gamblers who will like to invite there friends and family. Running promotion like ads, signature and many more will help the new casinos to be known by gamblers and as new gamblers keep joining it, more gamblers will starting knowing the casino.
One of the major problem that many of these casinos may not able to go for promotion is because of lack of funds to get it started.

In no way could any altcoins dethrone bitcoin, even so, in a casino that is purely altcoins it could be invalidated or destroyed if bitcoin dropped a lot in price, because how could they be sustained? All altcoins depend on Bitcoin, there is no altcoin that has a life of its own, in fact casinos integrate new altcoins into their platforms to make transactions cheaper and more accessible, but I am sure that the players that have and withdraw their altcoins will change to bitcoin or a stablecoin, just because of the current situation as it is, this is undoubtedly one of the things that we must be clear about.

No tweets since mid-january is definitely a low level effort. For a new casino, you really need to be on top of your marketing game. Social media channels are extremely important. Posting new tweets, promotions, information and so on is crucial.

They did posted an ANN thread for their casino, which can be found here. However, it appears that they didn't invest much effort into making it engaging and enticing for potential players. That's why I asked him about whether the casino site is still being developed.

I agree that they should finish up the casino site before promoting it. It just makes more sense.