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Topic: What else should an established crypto casino add? - page 23. (Read 6478 times)

hero member
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Casinos need to have their archive which will contain all their informations, records and data about both the gambling company and the gamblers as well, this information will help extract some particular findings about a casino, but i wouldn't want them to source for this kind of service from the internet storage facilities or companies because they were centralized while use of the blockchain could serve as best alternative to doing this, records must be kept in safe.
hero member
Activity: 644
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Leading Crypto Sports Betting & Casino Platform
It actually doesn't make sense for new brand casinos to come into the scene while offering those same services, features and concepts, because gamblers already have everything in well consolidated and reputable platforms. For new casinos it would be interesting if they innovate the industry, like the casinos I mentioned before did when compared to the early dice websites we had in crypto universe.
You are right. If a new casino is going to be a copy-cut of all those well established casinos then it will fail as no one will be tempted to play there. They need to come up with new catching ideas if they need to stand out from their competitors and attract customers.
The competition is very tough in this field and having a different design is not enough, a new casino have to offer new games, more and better bonuses

Indeed. Casinos need to make their own name and reputation. They should establish their brand and the quality of services they are offering to their players. If the emerging casinos will just keep on copying the existing ones, what's even the point of being established when there are other casinos that can cater the needs of the gamblers already? Casino owners have to innovate to keep in pace to those casino that has been founded long before. They need to address the issues and concerns of most gamblers, the needs of the gamblers, and those services or game variations that are lacking on other casinos.

Being unique is important for a business to continue operating. Uniqueness is needed to encourage players to try your site and to retain them in playing in your site. If a casino won't be able to do it, then they know what will happen next.
These are indeed good advice for casinos that mean business, but one thing I've noticed about many of them is that they tend to misbehave after being established, which is not good for business. The customer support and the reliability of the service they are rendering to their customers matter. Some would even talk rudely and do it as if they don't care. All these don't go down well with them over time regardless of their status.

And the innovation part is so important, there are many things that are yet to be developed in the industry, and it's a good point of attraction if it starts from a particular casino.
sr. member
Activity: 2324
Merit: 454
Since this thread is here, I would like all casino owners to read it because it would be very nice if they could do an internal exchange in all casinos, so that the profits made in coins or bitcoin can be transferred to USDT without the need for having to move to other exchanges and having to trade to change it to a stablecoin or a currency pair that can be exchanged and then send it to another exchange to exchange it, because that brings a lot of expense, it is only a suggestion, and since we are in a moment where the market can go up or down, if the tariffs go up they will be very expensive and if they have the erc20 network it will be even more expensive.


This is a nice suggestion. Players no longer have to undergo the hassle and inconvenience of withdrawing the winnings and exchanging it just to acquire the currency they want. However, this also means that the casino will have to team up with an exchanger that can run inside the platform. Those people who avoid KYC will definitely not like this especially if it will be incorporated in a casino that don't require such. This is because the additional feature require to have access on personal information to continue the transaction. Although I just based the process on the currently running system exchange.

With this, expenses are still seen due to additional feature of the casino. Of course, they have to pay for establishing one if ever. A contract with the exchanger will require a huge amount. And if ever they'll decide to establish one of their own, it will still need a lot of fund. Hence, the expenses will still be evident since the players will shoulder this. Perhaps you could pay for lesser fee, then if that's the case, it's a win.
legendary
Activity: 3094
Merit: 1127
Since this thread is here, I would like all casino owners to read it because it would be very nice if they could do an internal exchange in all casinos, so that the profits made in coins or bitcoin can be transferred to USDT without the need for having to move to other exchanges and having to trade to change it to a stablecoin or a currency pair that can be exchanged and then send it to another exchange to exchange it, because that brings a lot of expense, it is only a suggestion, and since we are in a moment where the market can go up or down, if the tariffs go up they will be very expensive and if they have the erc20 network it will be even more expensive.

Have you test out Stake? I barely remember that they do have that kind of exchange feature and i dont know if its really still that available or could be still that possible nowadays.For having these internal exchangers
then this is usually be connected out with some 3rd parties unless if if the company or platform would really be making for themselves.Its true that this feature is really good but not really that much
for people to mind off because due to lots of deposits and withdrawal options then if you are really that badly wants to make out some coins then you  can always opt in on what to deposit
without needing to switch up actively.
sr. member
Activity: 910
Merit: 290
Since this thread is here, I would like all casino owners to read it because it would be very nice if they could do an internal exchange in all casinos, so that the profits made in coins or bitcoin can be transferred to USDT without the need for having to move to other exchanges and having to trade to change it to a stablecoin or a currency pair that can be exchanged and then send it to another exchange to exchange it, because that brings a lot of expense, it is only a suggestion, and since we are in a moment where the market can go up or down, if the tariffs go up they will be very expensive and if they have the erc20 network it will be even more expensive.
legendary
Activity: 2226
Merit: 1049
Leading Crypto Sports Betting & Casino Platform
It actually doesn't make sense for new brand casinos to come into the scene while offering those same services, features and concepts, because gamblers already have everything in well consolidated and reputable platforms. For new casinos it would be interesting if they innovate the industry, like the casinos I mentioned before did when compared to the early dice websites we had in crypto universe.
You are right. If a new casino is going to be a copy-cut of all those well established casinos then it will fail as no one will be tempted to play there. They need to come up with new catching ideas if they need to stand out from their competitors and attract customers.
The competition is very tough in this field and having a different design is not enough, a new casino have to offer new games, more and better bonuses
Interesting fact, i agree with both of you, in a hall that is already crowded, and a person just entering such a hall, it takes being unique to be noticed, else, you will just blend into the crowd and no one will take any special notice of you.
So also it is with new casinos, there is a lot of competition in the business of online gambling casinos already, with new online casinos popping up here and there almost every week, some happening outside this forum that we don't even know of/.
Indeed, it takes coming out with something new, something that is out of the regular, and not just something new, but something a lot of people would be interested in, this is how new casinos would stand a chance of becoming big and joining the league of casinos that are successful.
legendary
Activity: 2492
Merit: 1332
I do not remember any new casino gaining a lot of success lately, however the circumstances we are facing right now are not very conductive for a new casino to get a lot of success, it is likely that once things improve and we get nearer to the bull market we could see more new casinos and more people willing to give them a chance, still with how powerful the current casinos are it is difficult to see any casino gaining a large market share, but with so much money over the table we can be sure there are many people that will make their best effort to accomplish this goal.
I think new casinos didn't get recognization because the previous generation of casinos has put available for gamblers everything they require from an online gambling platform. Gamblers are satisfied with services they have at their disposal at casinos like Stake, Duelbits, Rollbit, Owl games and others. It actually doesn't make sense for new brand casinos to come into the scene while offering those same services, features and concepts, because gamblers already have everything in well consolidated and reputable platforms. For new casinos it would be interesting if they innovate the industry, like the casinos I mentioned before did when compared to the early dice websites we had in crypto universe.

this is why for new casinos to attract players, they need to step up with their rewards and bonuses. mostly, they are offering high deposit bonuses but there's a catch, gamblers should take a look at their wagering requirements not to be tempted by marketing baits.
the casinos you mentioned like stake, duelbits, etc - they also started as a beginner but thru time, they earned their reputation. if the casino owner has long-term plans, they will not easily back down by competition. but if they are just here as a fly-by-night casino, definitely they will disappear if they experience a lil bit of struggle or worse, once they accumulate good amt of money.
At the same time we need to realize that just as there are many newbies out there that genuinely believe they will invest in an altcoin and make a fortune in a short amount of time, there are people out there which create their small casino with a very low budget and they believe they will become the next stake, and this is not possible, in order to reach that level of success a significant amount of initial investment is needed and if they do not have it they might as well save themselves the trouble because they are never going to obtain the success they are looking for.
sr. member
Activity: 2324
Merit: 454
It actually doesn't make sense for new brand casinos to come into the scene while offering those same services, features and concepts, because gamblers already have everything in well consolidated and reputable platforms. For new casinos it would be interesting if they innovate the industry, like the casinos I mentioned before did when compared to the early dice websites we had in crypto universe.
You are right. If a new casino is going to be a copy-cut of all those well established casinos then it will fail as no one will be tempted to play there. They need to come up with new catching ideas if they need to stand out from their competitors and attract customers.
The competition is very tough in this field and having a different design is not enough, a new casino have to offer new games, more and better bonuses

Indeed. Casinos need to make their own name and reputation. They should establish their brand and the quality of services they are offering to their players. If the emerging casinos will just keep on copying the existing ones, what's even the point of being established when there are other casinos that can cater the needs of the gamblers already? Casino owners have to innovate to keep in pace to those casino that has been founded long before. They need to address the issues and concerns of most gamblers, the needs of the gamblers, and those services or game variations that are lacking on other casinos.

Being unique is important for a business to continue operating. Uniqueness is needed to encourage players to try your site and to retain them in playing in your site. If a casino won't be able to do it, then they know what will happen next.
legendary
Activity: 2506
Merit: 2832
Top Crypto Casino
It actually doesn't make sense for new brand casinos to come into the scene while offering those same services, features and concepts, because gamblers already have everything in well consolidated and reputable platforms. For new casinos it would be interesting if they innovate the industry, like the casinos I mentioned before did when compared to the early dice websites we had in crypto universe.
You are right. If a new casino is going to be a copy-cut of all those well established casinos then it will fail as no one will be tempted to play there. They need to come up with new catching ideas if they need to stand out from their competitors and attract customers.
The competition is very tough in this field and having a different design is not enough, a new casino have to offer new games, more and better bonuses
legendary
Activity: 3066
Merit: 1101
Leading Crypto Sports Betting & Casino Platform
I do not remember any new casino gaining a lot of success lately, however the circumstances we are facing right now are not very conductive for a new casino to get a lot of success, it is likely that once things improve and we get nearer to the bull market we could see more new casinos and more people willing to give them a chance, still with how powerful the current casinos are it is difficult to see any casino gaining a large market share, but with so much money over the table we can be sure there are many people that will make their best effort to accomplish this goal.
I think new casinos didn't get recognization because the previous generation of casinos has put available for gamblers everything they require from an online gambling platform. Gamblers are satisfied with services they have at their disposal at casinos like Stake, Duelbits, Rollbit, Owl games and others. It actually doesn't make sense for new brand casinos to come into the scene while offering those same services, features and concepts, because gamblers already have everything in well consolidated and reputable platforms. For new casinos it would be interesting if they innovate the industry, like the casinos I mentioned before did when compared to the early dice websites we had in crypto universe.

this is why for new casinos to attract players, they need to step up with their rewards and bonuses. mostly, they are offering high deposit bonuses but there's a catch, gamblers should take a look at their wagering requirements not to be tempted by marketing baits.
the casinos you mentioned like stake, duelbits, etc - they also started as a beginner but thru time, they earned their reputation. if the casino owner has long-term plans, they will not easily back down by competition. but if they are just here as a fly-by-night casino, definitely they will disappear if they experience a lil bit of struggle or worse, once they accumulate good amt of money.
hero member
Activity: 2030
Merit: 777
Leading Crypto Sports Betting & Casino Platform
I do not remember any new casino gaining a lot of success lately, however the circumstances we are facing right now are not very conductive for a new casino to get a lot of success, it is likely that once things improve and we get nearer to the bull market we could see more new casinos and more people willing to give them a chance, still with how powerful the current casinos are it is difficult to see any casino gaining a large market share, but with so much money over the table we can be sure there are many people that will make their best effort to accomplish this goal.
I think new casinos didn't get recognization because the previous generation of casinos has put available for gamblers everything they require from an online gambling platform. Gamblers are satisfied with services they have at their disposal at casinos like Stake, Duelbits, Rollbit, Owl games and others. It actually doesn't make sense for new brand casinos to come into the scene while offering those same services, features and concepts, because gamblers already have everything in well consolidated and reputable platforms. For new casinos it would be interesting if they innovate the industry, like the casinos I mentioned before did when compared to the early dice websites we had in crypto universe.
member
Activity: 686
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Im playing different gambling casinos and for me ideal to have an old game like the colour games and video horse race game I know it seems old but some of the gambling players would like to see those again that makes them memorable so they will play again and of course with the adaptability of the new feature of casino like the boost, odds and bonuses reward upon playing.
All this type of games are they kind of them that is some of us have not experienced before so I believe that making this kind of game something that we have to learn and get our quintet with each at first time so this is the the area that we can be able to make this game
hero member
Activity: 1792
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This. Litecoin is like one of the alts (that's not shit) with super low fees that sits well among players.
Totally agree litecoin is among the few crypto coins with low fees and fast conformation times which is why if not tron or trc20 tokens then litecoin is my go to coin for gambling and these are coins all gambling platforms ought to have.


Quote
What else should an established crypto casino add?
I believe the motive is retention and I think regular competitions of both high rollers and the regular gamblers should be a start as most players would love a shot at winning bigger prizes than their usual bank rolls.
hero member
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Though there risk and stakes are high in having a huge capital and trying to like out performed those current casinos. As I've noticed now that most gamblers settle now on their casino which they already established trust and also they don't want to try a new casinos. Though if we say there is a new casino that is going out they have huge capital on the business and on the promotion I would say new gamblers would really try it out and also those old gambling wont shift to that new casino but for sure they will try, the new casino still needs to establish trust between their customers and money cant buy it.

Not only new gamblers, but also those playing for years on the platforms they trust and love, they will surely try out a relatively new platform about which people around are talking positively. They will not switch to that platform even if they find it very attractive, but they can add it to the list of their favourites, and will be visiting the site from time to time.

This is true. I personally done this and play only on Duelbits for a long time while just visit only few casino to try out there bonus and promotion but still I keep coming back to Duelbits. The only thing that will make me switch my main casino is when account is become restricted on accessing the casino promotion which I’m experiencing right now for unexplained reason.

But it’s really true that long time player usually develops loyalty to the casino that they are using most of the time.
legendary
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I stand with Ukraine.
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Though there risk and stakes are high in having a huge capital and trying to like out performed those current casinos. As I've noticed now that most gamblers settle now on their casino which they already established trust and also they don't want to try a new casinos. Though if we say there is a new casino that is going out they have huge capital on the business and on the promotion I would say new gamblers would really try it out and also those old gambling wont shift to that new casino but for sure they will try, the new casino still needs to establish trust between their customers and money cant buy it.

Not only new gamblers, but also those playing for years on the platforms they trust and love, they will surely try out a relatively new platform about which people around are talking positively. They will not switch to that platform even if they find it very attractive, but they can add it to the list of their favourites, and will be visiting the site from time to time.
hero member
Activity: 2352
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It is true that if anyone starts a new casino business without having a large budget for the development of his casino, it will be very difficult to be successful. because the tough competition between casinos and others is very tough and if they can't survive, they will go bankrupt and close their casino business.
It can even be clarified here that even thinking about starting to promote and conduct advertising campaigns for a completely new casino on the market without a huge budget is simply not worth thinking about right now.  It's just unthinkable.  I think that those who take it into their heads to enter this market in a serious way are all just a rebranding of existing casinos that already had a huge experience in this market, which is very saturated with gambling services sellers.  So it is extremely problematic for a new casino, even with a large budget, to occupy even a percentage of this market.  And by the way, from the new casinos, I don’t even remember who has taken some serious market share lately. 
Like there aren't any???
I do not remember any new casino gaining a lot of success lately, however the circumstances we are facing right now are not very conductive for a new casino to get a lot of success, it is likely that once things improve and we get nearer to the bull market we could see more new casinos and more people willing to give them a chance, still with how powerful the current casinos are it is difficult to see any casino gaining a large market share, but with so much money over the table we can be sure there are many people that will make their best effort to accomplish this goal.
as I said in the first reply, if a new gambling casino has big funds for developing its business through promotions and bonuses that are given to new customers when registering there, it is likely to be successful. because with large funds, it is very easy to make the gambling business big by providing promotional bonuses that are bigger than gambling platforms that have existed for a long time.
So, it all depends on the capital used to develop the gambling business. if the capital is large, it is likely that this bearish situation will not have much effect on the success of the new gambling business.

Though there risk and stakes are high in having a huge capital and trying to like out performed those current casinos. As I've noticed now that most gamblers settle now on their casino which they already established trust and also they don't want to try a new casinos. Though if we say there is a new casino that is going out they have huge capital on the business and on the promotion I would say new gamblers would really try it out and also those old gambling wont shift to that new casino but for sure they will try, the new casino still needs to establish trust between their customers and money cant buy it.
hero member
Activity: 1274
Merit: 585
Leading Crypto Sports Betting & Casino Platform
.

It is true that if anyone starts a new casino business without having a large budget for the development of his casino, it will be very difficult to be successful. because the tough competition between casinos and others is very tough and if they can't survive, they will go bankrupt and close their casino business.
It can even be clarified here that even thinking about starting to promote and conduct advertising campaigns for a completely new casino on the market without a huge budget is simply not worth thinking about right now.  It's just unthinkable.  I think that those who take it into their heads to enter this market in a serious way are all just a rebranding of existing casinos that already had a huge experience in this market, which is very saturated with gambling services sellers.  So it is extremely problematic for a new casino, even with a large budget, to occupy even a percentage of this market.  And by the way, from the new casinos, I don’t even remember who has taken some serious market share lately. 
Like there aren't any???
I do not remember any new casino gaining a lot of success lately, however the circumstances we are facing right now are not very conductive for a new casino to get a lot of success, it is likely that once things improve and we get nearer to the bull market we could see more new casinos and more people willing to give them a chance, still with how powerful the current casinos are it is difficult to see any casino gaining a large market share, but with so much money over the table we can be sure there are many people that will make their best effort to accomplish this goal.
as I said in the first reply, if a new gambling casino has big funds for developing its business through promotions and bonuses that are given to new customers when registering there, it is likely to be successful. because with large funds, it is very easy to make the gambling business big by providing promotional bonuses that are bigger than gambling platforms that have existed for a long time.
So, it all depends on the capital used to develop the gambling business. if the capital is large, it is likely that this bearish situation will not have much effect on the success of the new gambling business.
hero member
Activity: 1064
Merit: 570
Leading Crypto Sports Betting & Casino Platform.
My attention caught this post if for nothing but for the sake that you also have your customers at heat is really a thing of respect and I do accord you your respect.
You guys have been doing amazingly well and though I haven't been a customer yet, I already have a friend who is a major lover of your casino and most times I think you guys secretly made him an ambassador because of the way he constantly spoke of you guys.
Well one thing you guys already know even without been told is the fact that the competition over here is really much and for you guys to still be in business since 2018, you guys have really done well and are still doing well.
Just keep doing what you know is best and in all you do please always be transparent.
legendary
Activity: 2492
Merit: 1332
.

It is true that if anyone starts a new casino business without having a large budget for the development of his casino, it will be very difficult to be successful. because the tough competition between casinos and others is very tough and if they can't survive, they will go bankrupt and close their casino business.
It can even be clarified here that even thinking about starting to promote and conduct advertising campaigns for a completely new casino on the market without a huge budget is simply not worth thinking about right now.  It's just unthinkable.  I think that those who take it into their heads to enter this market in a serious way are all just a rebranding of existing casinos that already had a huge experience in this market, which is very saturated with gambling services sellers.  So it is extremely problematic for a new casino, even with a large budget, to occupy even a percentage of this market.  And by the way, from the new casinos, I don’t even remember who has taken some serious market share lately. 
Like there aren't any???
I do not remember any new casino gaining a lot of success lately, however the circumstances we are facing right now are not very conductive for a new casino to get a lot of success, it is likely that once things improve and we get nearer to the bull market we could see more new casinos and more people willing to give them a chance, still with how powerful the current casinos are it is difficult to see any casino gaining a large market share, but with so much money over the table we can be sure there are many people that will make their best effort to accomplish this goal.
sr. member
Activity: 2324
Merit: 454
.

It is true that if anyone starts a new casino business without having a large budget for the development of his casino, it will be very difficult to be successful. because the tough competition between casinos and others is very tough and if they can't survive, they will go bankrupt and close their casino business.
It can even be clarified here that even thinking about starting to promote and conduct advertising campaigns for a completely new casino on the market without a huge budget is simply not worth thinking about right now.  It's just unthinkable.  I think that those who take it into their heads to enter this market in a serious way are all just a rebranding of existing casinos that already had a huge experience in this market, which is very saturated with gambling services sellers.  So it is extremely problematic for a new casino, even with a large budget, to occupy even a percentage of this market.  And by the way, from the new casinos, I don’t even remember who has taken some serious market share lately. 
Like there aren't any???

Money is a requirement for growth unless you plan to go viral. And, if you plan to go viral your are going to have to test that your product has effectively viral characteristics and is able to grow on its own mostly without any further investment. So planning for campaigns of a new site is pretty much a requirement if you intend to have a real business and not a try-out thing.
And by having that money, casinos can expand to be bigger, especially in terms of promotions because they will be more flexible in introducing their casinos to other places. This will help them to grow more rapidly and be able to get additional members. Even though the casino is a new one, it can compete with the old ones, especially if they have a lot of money that can be used for promotion because a business can grow well depending on how the business can promote. Maybe casinos need to find out what type of promotion can help them grow their casino so they will try various ways of promoting until they find the right way to promote their casino.

Promotions could only do so much. But the overall feature of the casino is what will make it reputable, credible, and make it stay operating in the gambling industry for the long run. Promotions are great way to introduce your casino brand. It can help gather players that could potentially increase the traffic in the site and eventually be your regulars.

However, for me, the visual appeal, the complexity of navigation, the processes of transactions, and the customer service care are what will retain the players and eventually make it grow bigger and more widely known. If the casinos can establish this, surely they can compete with other casinos who were earlier than them to make a name.
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