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Topic: What else should an established crypto casino add? - page 7. (Read 6480 times)

legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
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For any Casino that is under the law of any jurisdiction, or being regulated by authorities of any jurisdiction, I can say that I believe its a sham when any of such casinos tell us that user's data are encrypted, I do not believe it at all.

But even if truly, users data is encrypted as they claim, the encryption may likely be against scammers and hackers, not against the authorities, for I know that casinos will remove any encryption when it is requested for by the authorities.

Firstly, it's not gambling sites who keep the data, it's third party companies like Shufti Pro, Onfido and others. Secondly, if you don't believe that data is encrypted, when well-respected companies claim so, you might as well do not believe that the earth is round, that slots by respected slot providers aren't rigged and stuff like that. It's so hard to live in this state of mind, mate. Change.

And yes, if authorities have a proper warrant, the the encryption will be removed. But that's a good thing, don't you think? They have to fight money laundering. It's for our own good.
I have a very different concept of what money laundering is about, because using a casino or casinos to launder money is not very convenient for those who do it, they prefer to use other types of platforms, tools, and many others. other things, some prefer to transfer physical money, or simply use mixers, but a casino is not the solution for many, as far as I am concerned, the security systems implemented by governments, implemented by some organizations will never protect us, they say Yes, but it will never be like that.
legendary
Activity: 3234
Merit: 2112
I stand with Ukraine.
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For any Casino that is under the law of any jurisdiction, or being regulated by authorities of any jurisdiction, I can say that I believe its a sham when any of such casinos tell us that user's data are encrypted, I do not believe it at all.

But even if truly, users data is encrypted as they claim, the encryption may likely be against scammers and hackers, not against the authorities, for I know that casinos will remove any encryption when it is requested for by the authorities.

Firstly, it's not gambling sites who keep the data, it's third party companies like Shufti Pro, Onfido and others. Secondly, if you don't believe that data is encrypted, when well-respected companies claim so, you might as well do not believe that the earth is round, that slots by respected slot providers aren't rigged and stuff like that. It's so hard to live in this state of mind, mate. Change.

And yes, if authorities have a proper warrant, the the encryption will be removed. But that's a good thing, don't you think? They have to fight money laundering. It's for our own good.
hero member
Activity: 1470
Merit: 521
Leading Crypto Sports Betting & Casino Platform
If I find a casino that I can deposit in btc or usdt and that I can withdraw within the casino, but before I can exchange btc to usdt I don't think about it, I do it and apart from that I play there longer, I'll always look my comfort, even if it is a casino that is not as famous as the ones we are used to seeing in the forum, we simply have comfort, the casino is reliable and offers those options, why not take it? and there is plenty of opportunity because the bitcoin price is still in a way that you can make that expense for the casino that would be an investment.
In Stake.com you can change Btc to Usdt friend but only change the currency value because if you want to withdraw it you are still the same as the Btc currency.
After all, changing the currency in the casino is just to make it easier when you make bets so you can easily determine the bet amount with certainty and when making withdrawals in Btc it also provides a shorter time in the process.
This feature has helped Stake.com customers a lot and you can try playing there to see and prove this desire firsthand.
hero member
Activity: 896
Merit: 645
In this case, it depends if the gambling casino has a feature of the exchange to their platform this serves more convenience to the people because they dont need to withdraw their funds and make an exchange into it and make another deposit one of the reason why people doing this is the transaction fees, but if the network is not congested its easier to make a withdraw but some part of it is the casino has their fix rate or have three options only with the low, med and high options for the transaction fees. Ive been playing into different casino and rarely offer this kind of services. But its a good feature
Yeah, it would have been some cool feature to have them swap in between coins to other base currencies as a means for some convenient withdrawal. Te idea always comes in the fees non the less but, looking at customer satisfaction, its a cool feature to implement on gambling sites. Do they need to be licensed for features such as this? Isn't it more about the programming of the site?

Also, you've got the right idea to limit this as, not having a fixed fee rate would be cool but instead, having a system whose configuration is designed to vary based on the congestion of the network. It wouldn't always make a quick withdrawal possible though and this is one aspect of gambling, gambling platforms likes to be good at. Quick withdrawals and that's some important aspect to it as well.
sr. member
Activity: 910
Merit: 290
What an established casino has to Establish quickly is an improvement, something Authentic that other Casinos do not have, one thing can be to Exchange coins, bitcoin-usdt, or any cryptocurrency to bring it to usdt or any change, also a comfortable thing is that they hold Contests where People can earn by doing jobs like Creating an internal forum, so did a project of currency that in order to have enough activity in its forum because they Paid users without spamming and that helps the project grow because a community is created, and a casino that has community Survives.
Do you realize that all those things need proper management? An exchange cannot serve as an exchange to convert Bitcoins or any other cryptocurrency to stablecoins such as USDT because that is not their work and it doesn't come under their license, if they do so, the regulatory firms will start targeting them and might even ask them to shut their services down.

So I don't really think it would be a wise decision to implement something like that unless they get a separate license for operating as an exchange too and that will be a lot of extra work to do for a casino business in my opinion.

In this case, it depends if the gambling casino has a feature of the exchange to their platform this serves more convenience to the people because they dont need to withdraw their funds and make an exchange into it and make another deposit one of the reason why people doing this is the transaction fees, but if the network is not congested its easier to make a withdraw but some part of it is the casino has their fix rate or have three options only with the low, med and high options for the transaction fees. Ive been playing into different casino and rarely offer this kind of services. But its a good feature

If I find a casino that I can deposit in btc or usdt and that I can withdraw within the casino, but before I can exchange btc to usdt I don't think about it, I do it and apart from that I play there longer, I'll always look my comfort, even if it is a casino that is not as famous as the ones we are used to seeing in the forum, we simply have comfort, the casino is reliable and offers those options, why not take it? and there is plenty of opportunity because the bitcoin price is still in a way that you can make that expense for the casino that would be an investment.
hero member
Activity: 1498
Merit: 974
Bitcoin Casino Est. 2013
What an established casino has to Establish quickly is an improvement, something Authentic that other Casinos do not have, one thing can be to Exchange coins, bitcoin-usdt, or any cryptocurrency to bring it to usdt or any change, also a comfortable thing is that they hold Contests where People can earn by doing jobs like Creating an internal forum, so did a project of currency that in order to have enough activity in its forum because they Paid users without spamming and that helps the project grow because a community is created, and a casino that has community Survives.
Do you realize that all those things need proper management? An exchange cannot serve as an exchange to convert Bitcoins or any other cryptocurrency to stablecoins such as USDT because that is not their work and it doesn't come under their license, if they do so, the regulatory firms will start targeting them and might even ask them to shut their services down.

So I don't really think it would be a wise decision to implement something like that unless they get a separate license for operating as an exchange too and that will be a lot of extra work to do for a casino business in my opinion.

In this case, it depends if the gambling casino has a feature of the exchange to their platform this serves more convenience to the people because they dont need to withdraw their funds and make an exchange into it and make another deposit one of the reason why people doing this is the transaction fees, but if the network is not congested its easier to make a withdraw but some part of it is the casino has their fix rate or have three options only with the low, med and high options for the transaction fees. Ive been playing into different casino and rarely offer this kind of services. But its a good feature
hero member
Activity: 2702
Merit: 704
What an established casino has to Establish quickly is an improvement, something Authentic that other Casinos do not have, one thing can be to Exchange coins, bitcoin-usdt, or any cryptocurrency to bring it to usdt or any change, also a comfortable thing is that they hold Contests where People can earn by doing jobs like Creating an internal forum, so did a project of currency that in order to have enough activity in its forum because they Paid users without spamming and that helps the project grow because a community is created, and a casino that has community Survives.
Do you realize that all those things need proper management? An exchange cannot serve as an exchange to convert Bitcoins or any other cryptocurrency to stablecoins such as USDT because that is not their work and it doesn't come under their license, if they do so, the regulatory firms will start targeting them and might even ask them to shut their services down.

So I don't really think it would be a wise decision to implement something like that unless they get a separate license for operating as an exchange too and that will be a lot of extra work to do for a casino business in my opinion.
To this I will add that managing a casino is already hard enough and many of them fail as they cannot compete with other casinos, and even if a casino wanted to offer services similar to what an exchange can offer and they got the license to do it now they will have to face the pressure coming from two different industries, making reaching any kind of lasting success even more difficult.

And if it was possible to combine the two successfully I would guess it would have been done so already, and as far as I know this has not happened before.
full member
Activity: 1050
Merit: 140
What an established casino has to Establish quickly is an improvement, something Authentic that other Casinos do not have, one thing can be to Exchange coins, bitcoin-usdt, or any cryptocurrency to bring it to usdt or any change, also a comfortable thing is that they hold Contests where People can earn by doing jobs like Creating an internal forum, so did a project of currency that in order to have enough activity in its forum because they Paid users without spamming and that helps the project grow because a community is created, and a casino that has community Survives.
Do you realize that all those things need proper management? An exchange cannot serve as an exchange to convert Bitcoins or any other cryptocurrency to stablecoins such as USDT because that is not their work and it doesn't come under their license, if they do so, the regulatory firms will start targeting them and might even ask them to shut their services down.

So I don't really think it would be a wise decision to implement something like that unless they get a separate license for operating as an exchange too and that will be a lot of extra work to do for a casino business in my opinion.
hero member
Activity: 1386
Merit: 504
Leading Crypto Sports Betting & Casino Platform
What an established casino has to Establish quickly is an improvement, something Authentic that other Casinos do not have, one thing can be to Exchange coins, bitcoin-usdt, or any cryptocurrency to bring it to usdt or any change, also a comfortable thing is that they hold Contests where People can earn by doing jobs like Creating an internal forum, so did a project of currency that in order to have enough activity in its forum because they Paid users without spamming and that helps the project grow because a community is created, and a casino that has community Survives.

The addition of the coin exchange feature is very interesting and I agree with this suggestion.
Most casinos don't have this feature whereas gamblers need this to convert from BTC to USDT or to any other coin they want without having to withdraw from gambling sites.
In the past, the Stake gambling site had this feature, but unfortunately it is no longer valid.
This is one example of a casino that has an exchange feature in it to make it easier for customers to change the coins they want.
I'm sure if there is a casino that has this feature it will definitely attract more new customers.
legendary
Activity: 2856
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
I think that today, now banking networks around the world already control all non-cash money transfers to such an extent, and competent regulatory authorities control even transfers of large amounts in cryptocurrency, that all talk and stories about money laundering are just fairy tales and fantasies for naive people.  For such people who think that the mafia boss brought a bus full of bundles of dollars right to the casino doors, and let's play and "launder" these dollars.  These are all fantasies from the 30s of the last century.  And the times when the mafia ruled everywhere.  Now it's not like that. 
Cashless payments are so controlled that it is time to forget the tales of laundering some kind of criminal money and not fool people with this nonsense.
I totally disagree. Yeah, digital payments are somewhat controlled, but not in a level you seem to think. Banks are technically obligated to follow money trails etc, but most of them don't have resources to do that all the time. There are not transparent way between banks to see every transactions and most of them just rather trust the word of the customer when they ask where's the money coming from.

Money laundering still happens inside banks too today and they get caught all the time for that so not even binance or any casino is a exception to that. Regulators can't follow or control everything. That's one of the reasons cbdc is coming. To have more control over the confusing ledgers. And i am not saying casinos and exchanges would be laundering money willingly, but accidents in oversight happen and KYCs are a way to make money laundering more difficult. While not having any KYC and fiat money transactions would guarantee that people would laundering momney and avoid sanctions.
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
In the end, money laundering's a gnarly problem, but we gotta make sure we're doing what it takes to stop it. Crazy to see how tech's stepping up to fight the good fight. I got a feeling we're gonna keep seeing wild new stuff in the game!
There seems to be nothing to stop money laundering and anyone who says they will fight or stop money laundering is simply lying.
Money laundering crimes occur anywhere and they take advantage of technological developments to carry out their actions.
So far, money laundering has been carried out on crypto or some investment stocks.
There is only one way to reduce money laundering in casinos, cryptocurrencies or investment stocks, namely by providing KYC so that persons who commit money laundering cannot easily enter and withdraw all the proceeds of their crimes.

Well if we opnem to see, money laundering has been carried out many acts of vandalism with respect to it, but the FIAT money systems are the ones that are mostly to blame, in crypto it has been done, but crypto is not to blame, simply They put it to a bad use, and as I said before, laundering money through casinos is risking a lot for those who want to do it, the simple fact of complying with kyc is like kryptonite for superman, so Since it's such a large amount of money, they won't risk it, that's how I see it, those who launder money do it in other ways where it's obviously safer.
hero member
Activity: 1274
Merit: 585
Leading Crypto Sports Betting & Casino Platform
or this reason the requirement of NO KYC becomes the main pillar of demand for players in casinos.

But if there is no KYC then how to solve the problem of money laundering? For money laundering, the casinos will be responsible if there is no KYC then it will be difficult to trace the user, as a result, all the responsibility will be upon the casino. And also there will be a question regarding the abuse of bonuses and so on.

Well yes, I understand the point, but those who launder money are also not that stupid, they know that currently a casino is not the way to do it, on one occasion some people approached me saying that they had government credit cards and that they wanted to Withdraw that money, it was money that they could not withdraw, I told them that this is a lie, a government has other ways of laundering money, using credit cards or "scratching" them is not the solution, I think it is analogous to As for the casinos and the KYC problem, as things are now, the best way to launder money is to do it in cash.

Well, nothing compared to how Pablo Escobar did in his time, who always put the money where he wanted before the authorities of the USA and the whole world, where they weighed the money separately and that was his way of accounting for it.

I agree with @shasan's statement that if casinos don't ask for KYC how can casinos detect their customers using money laundering budgets, whereas licensed casinos usually require KYC due to demands from licensing companies.
sure, casinos are not the right place to divert money laundering funds, but it can happen whenever they want.
right now we think that gamblers are not stupid using money laundered funds in depositing casinos, but we don't know the truth and I'm sure they must be smarter.
I think that today, now banking networks around the world already control all non-cash money transfers to such an extent, and competent regulatory authorities control even transfers of large amounts in cryptocurrency, that all talk and stories about money laundering are just fairy tales and fantasies for naive people.  For such people who think that the mafia boss brought a bus full of bundles of dollars right to the casino doors, and let's play and "launder" these dollars.  These are all fantasies from the 30s of the last century.  And the times when the mafia ruled everywhere.  Now it's not like that. 
Cashless payments are so controlled that it is time to forget the tales of laundering some kind of criminal money and not fool people with this nonsense.
I fully understand this fairy tale or fantasy story but what I mean is money laundering that is carried out by certain people and put it into the casino to be used for betting, it could happen it's just that we don't know the truth, even though it's very rare but we don't will ever know.

but I also think that if it's someone who puts money laundering funds into the casino, surely that person also knows that the casino will eventually ask for KYC when they want to deposit a large amount and that's when the gambler will choose another way to hide the money laundering funds and stay away from the casino.
hero member
Activity: 1470
Merit: 521
Leading Crypto Sports Betting & Casino Platform
2. People love their favourite casino to be very transparent with me irrespective of the circumstances because that one will help to build the trust of their players in the casino.
Now transparency should include but the KYC terms and as well every thing that relates that relates with transparency.
But how can we know that the casino we use is transparent, even though there are already many casinos that have implemented KYC and it seems that we cannot prove transparency which includes real KYC.
Maybe you mean well that you can use your favorite casino which is transparent and includes all kinds of conditions but it's not easy to find one.
So far I have used casinos, never found a casino that is transparent about all the provisions that apply to customers in it.
Or maybe the transparency that I want is different from what you mean so that there is a discrepancy in dealing with the transparency that must be provided by the casino.
sr. member
Activity: 910
Merit: 290
What an established casino has to Establish quickly is an improvement, something Authentic that other Casinos do not have, one thing can be to Exchange coins, bitcoin-usdt, or any cryptocurrency to bring it to usdt or any change, also a comfortable thing is that they hold Contests where People can earn by doing jobs like Creating an internal forum, so did a project of currency that in order to have enough activity in its forum because they Paid users without spamming and that helps the project grow because a community is created, and a casino that has community Survives.
sr. member
Activity: 2520
Merit: 329
For any Casino that is under the law of any jurisdiction, or being regulated by authorities of any jurisdiction, I can say that I believe its a sham when any of such casinos tell us that user's data are encrypted, I do not believe it at all.

But even if truly, users data is encrypted as they claim, the encryption may likely be against scammers and hackers, not against the authorities, for I know that casinos will remove any encryption when it is requested for by the authorities.
Almost every licensed and centralized casino that requires KYC say that they have to comply with AML and regulatory rules that are imposed by the authorities, knowing that fact, it is obviously not wise to think that there can be encryption of users' data for the authorities, because how would the Anti Money Laundering authority check if the users are not going against the rules?

And, if someone is caught or suspected of being involved in something that goes against the laws, their data is definitely shared with the authorities, so there is basically zero encryption of users' data when it comes to authorities behind the casinos.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I like the idea of giving feedbacks.

I don't know if most casinos already incorporate this, but this is a good way to know what are the current preferences in terms of games variations and the players concern regarding the processing of transactions, the rules, odds, and the likes. This is a nice opportunity for the casino to know their customers so that they could cater their needs and demands especially those who experience inconvenience or problems at some point for example in depositing and withdrawal.

Although not really everyone likes the idea of answering survey questionnaires most especially those questionnaires that are too long to read. So perhaps making it optional will avoid triggering other players who aren't fond of long reads and answering.
Maybe the casino can make a questionnaire on this forum to see useful suggestions for the casino so it can grow even better. It will provide more suggestions for the casino so that it can improve the casino's service to its customers. And it seems that customers also want to give their feedback to the casino while they are playing there so this can help the casino to know which ones need to be fixed or improved. Knowing and being able to provide what is needed by customers can increase the reputation and trust of customers in the casino.
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
Yes, you are absolutely right, Currently a casino that Does not have the kyc requirement is something very Strange, because they will Think that they Have a deficit of certain licenses and that is why it is Also a problem, now with the things that have been shown if Necessary a good marketing because Despite everything it is what makes a casino Visible, and as I have Said in previous Comments, security is very important, There may be app developments but if they have a Security flaw it is very difficult to Trust.
Maybe some casinos haven't fully implemented KYC for all of their members so we can play at that crypto casino, which makes us feel lucky. There aren't many casinos like that and if you've been in one, you can enjoy it for a while until the casino asks you for KYC.

If the casino has an application for its users, they really have to think about the security of the application and with many testing until it is completely safe for users to use. And maybe that's what makes today's crypto casinos bound by a license that has become an obligation of casinos to show their members that they are connected to the regulator. This will make its members feel safe when playing using the application.

These are probably people who are not worried about Privacy and they also believe that their privacy is safe, as long as the Casino does not do anything illegal to sell user data. The leeway given is mostly for small transactions, let's say it's under $500 and anything above that requires KYC.
Those who use small transactions usually only play gambling for leisure and fun.
That's what gamblers have to do if they want to avoid having to do KYC. But if they are okay with doing KYC, they are free to use whatever money they want and if they are asked to do KYC, they will do it immediately. But we agree that the casino must provide privacy to its members and not take illegal actions such as trading member documents.

To focus on developing a casino site that is user-friendly and can be used on all devices, takes a lot of time and money. Because casino site developers try their best so that users can play comfortably and feel at home because of the increasing number of games available and some interesting bets.
And for newly launched online casinos, it is good to do promotions by giving bonuses for new users who register or marketing their brand via Bitcointalk, it will be quite helpful to promote the casino to be better known by new users.
The casino owner must have thought of every plan he had to make during the development stage of the casino after launching it to the public. And not all casinos will immediately launch an application specifically used for their members' phones. Maybe casinos can wait until their casinos are well-known to many people. Then they launch the application to give their members a different experience when visiting the casino. And by promoting in many places, including on Bitcointalk, they can get new users who will often play at their casino.

Well, I cannot deny that I have been in casinos that do not require kyc and it has been good, but once the casino sees an amount that is no longer so little, they begin to demand the kyc, I do not know if it is applied in all casinos, but sometimes small clients tend to have certain benefits like that, perhaps a casino algorithm focuses first on the players who are whales and not on the small ones, although there is more parity in that, currently the newer casinos From the outset they require kyc even before making a deposit, they have it within their fixed and unbreakable policies.
hero member
Activity: 1064
Merit: 570
Leading Crypto Sports Betting & Casino Platform.
There are several things you need to improve on not as if you're bad in it but you should step it nip if you truly want to stand out and be ahead as well and they include the following
1. Increase more of your customers support services and bet more active and very patient persons as most times it requires more of patients than qualifications to work and be successful as a customer service support agent.

2. People love their favourite casino to be very transparent with me irrespective of the circumstances because that one will help to build the trust of their players in the casino.
Now transparency should include but the KYC terms and as well every thing that relates that relates with transparency.

These are the two common reasons I can bold reasym list now and always remember to give more better and higher bonuses and alwell try to make them redeemable.
sr. member
Activity: 2324
Merit: 454
I am seeing bonus some platform gives as what attract money people who play them balls to their side other two have bonus and also use the bonus to play another game so that is what triggers on people who does not go out or like to play any bet to any place we are that does not have others not give a bonus
Bonuses can indeed attract people to return to visit the casino again and again. And for that, casinos often launch bonus programs that really entice people to try to participate. If people can't get the bonus, they can try it again.

And it seems the casino should find out what each customer wants by submitting a questionnaire on the site so the owner and team can know it. Besides that, casinos can launch other interesting programs such as holding certain events every month or weekend.

I like the idea of giving feedbacks.

I don't know if most casinos already incorporate this, but this is a good way to know what are the current preferences in terms of games variations and the players concern regarding the processing of transactions, the rules, odds, and the likes. This is a nice opportunity for the casino to know their customers so that they could cater their needs and demands especially those who experience inconvenience or problems at some point for example in depositing and withdrawal.

Although not really everyone likes the idea of answering survey questionnaires most especially those questionnaires that are too long to read. So perhaps making it optional will avoid triggering other players who aren't fond of long reads and answering.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I am seeing bonus some platform gives as what attract money people who play them balls to their side other two have bonus and also use the bonus to play another game so that is what triggers on people who does not go out or like to play any bet to any place we are that does not have others not give a bonus
Bonuses can indeed attract people to return to visit the casino again and again. And for that, casinos often launch bonus programs that really entice people to try to participate. If people can't get the bonus, they can try it again.

And it seems the casino should find out what each customer wants by submitting a questionnaire on the site so the owner and team can know it. Besides that, casinos can launch other interesting programs such as holding certain events every month or weekend.
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