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Topic: What would you like to ask a crypto casino owner? (Read 875 times)

legendary
Activity: 2254
Merit: 1052
Leading Crypto Sports Betting & Casino Platform
I want to ask a crypto casino owner about the security of the platform. Because casinos mean financial transactions. Inquire about the encryption methods used to protect user data and financial transactions. Understanding the security measures in place can give you peace of mind when playing on the platform. I also want to ask them about the customer support options available on the platform. A reliable crypto casino should offer multiple avenues for support, such as live chat, email, or phone support. Knowing that help is readily available can make your gaming experience more enjoyable. Understanding the deposit and withdrawal process is vital when choosing a cryptocasino.
Needless say that this are interesting questions, but unfortunately, I don't think this ask me anything session is still live, looking at the date which this was help, I bet it's all over and that the casino owner who was in the position to answer this questions must have moved on with their business.

But all the same, knowing how this things work; I don't think is really important even though agree with you that knowing this things gives one a more comfortable and carefree gambling experience with the casino, but why I do not consider knowing all this as relevant is because, different casino have different mode of operation, they have different configurations and how they store users data, they have their different ways they attend to their customers and so on and on., so, even if we know all this imformation as you asked; for one casino, how do you know it for another casino, or are you just Goin to stick with just that one casino for the rest of your gambling life?
sr. member
Activity: 1106
Merit: 250
Vave.com - Crypto Casino
I want to ask a crypto casino owner about the security of the platform. Because casinos mean financial transactions. Inquire about the encryption methods used to protect user data and financial transactions. Understanding the security measures in place can give you peace of mind when playing on the platform. I also want to ask them about the customer support options available on the platform. A reliable crypto casino should offer multiple avenues for support, such as live chat, email, or phone support. Knowing that help is readily available can make your gaming experience more enjoyable. Understanding the deposit and withdrawal process is vital when choosing a cryptocasino.
member
Activity: 140
Merit: 51
Thank you everyone for the feedback!

I am preparing for the next one, you can leave your questions in this topic - https://bitcointalksearch.org/topic/what-do-you-want-to-ask-bchgames-team-leave-your-questions-5491925
sr. member
Activity: 2436
Merit: 324
If i may want to throw in my question, it goes this way, which type of category of a gambling platform are you going to introduced or have already established, do you require for kyc or not and will your users experience difficulties in making withdrawals after their first deposits or not, e need a clarified answers to that, as this is almost part of major concerns on gamblers when making use of a gambling platform, also do you have any promo offer to give your new users or any form of bonus to appreciate their coming.
Bonus is default.
When it comes to KYC then it would be something just like on common platforms nowadays on complying on what their licenses been put up.
On the time that these new casinos would really be having that withdrawal problem then this is something that do pertains about those scammy ones. Sooner or later they would really be showing off their
true colors and this is something that you would be able to notice it out on the time that you would be playing into them directly.
Questions such as this should really that understandable specially on the marketing part and just like the rest been saying above that it is really that it is default in any business.
hero member
Activity: 854
Merit: 539
★Bitvest.io★ Play Plinko or Invest!
If i may want to throw in my question, it goes this way, which type of category of a gambling platform are you going to introduced or have already established, do you require for kyc or not and will your users experience difficulties in making withdrawals after their first deposits or not, e need a clarified answers to that, as this is almost part of major concerns on gamblers when making use of a gambling platform, also do you have any promo offer to give your new users or any form of bonus to appreciate their coming.
legendary
Activity: 2646
Merit: 1176
Thanks to everyone who asked questions and waited for it.

Stay tuned, we'll have more interviews ahead.


[Hi everyone!

I have arranged an interview with the owner of a crypto casino (I will not disclose the brand name yet).

I think the interview will be more interesting if I add questions that other gamblers are interested in to my questions.

So, if you would like to ask anything, drop your questions here.

The interview will be posted here, so you won't miss answers to your questions.]

There are quite a few questions to ask a casino owner. I'd perhaps be most curious about the sort of threats that crypto casinos face and how those threats are dealt with? They must be under siege, even more so than regular casinos because thieves could potentially get away with money without needing bank accounts. I assume they have to think through and pay large amounts for everything, including DDOS attack extortion, security penetration testing, people trying to abuse bonuses by using multiple accounts, even to physical security and protection. Also, how stringently do you enforce KYC and at what point does it become a legal requirement for the jurisdiction you're in, as I know people can have differing views on that
sr. member
Activity: 2226
Merit: 347
I really enjoyed the Q&A section of the cryptocasino owner. And if my question will be there to answer then I have a question if only another user has not asked it. And the question is What is Your Targeted Audience of the Casino?. I am asking this question because many casinos that have been launched in the industry have not specifically and clearly stated that their targeted audience are for women, men, and under age is also included or for general. We are waiting for the new brand that is about to be launched.
This type of question isnt really something that needs up to be answered out specifically because if we do make just use of our own common sense then it would really be just that normal that the target audience would really be everyone
on which those people who do able to see those advertisements or marketing that they have done. They might be focusing into a particular medium or place but their target would really be everyone including those underage.
Yes, it is really that included because if we do speak about those probabilities then it could really happen because when it comes to marketing then there would really be those chances that those minors would really be able to see it out.

This is why we can really say that this is something to be that a very basic thing on which you would really be able to see those young age to gamble out without being detected or known.
So in regarding into this question would really be just that requiring that kind of common sense and doesnt really need up to be asked out because it would really be just be answered
with simply trying out to look around on whose the main target of this one or simply having no exemptions as long people would really be wary about their existence.
hero member
Activity: 854
Merit: 1246
I really enjoyed the Q&A section of the cryptocasino owner. And if my question will be there to answer then I have a question if only another user has not asked it. And the question is What is Your Targeted Audience of the Casino?. I am asking this question because many casinos that have been launched in the industry have not specifically and clearly stated that their targeted audience are for women, men, and under age is also included or for general. We are waiting for the new brand that is about to be launched.
legendary
Activity: 2002
Merit: 1072
Leading Crypto Sports Betting & Casino Platform
The truth of the matter is that, of casinos owner's become so known it will pose a security risk on them and how they handle themselves, because running a casino as a business is risk involved and there are so many negative impact of that on there security business safety and the tendency to get run over easily by competitors, so if care is not taken the business will close down if they reveal they identity.
Also if the CEOs are known, it will result into physical assault on them by aggrieved losers and addicts who may thinks and believe that the CEO is the brain behind they predicaments.
Even if they aren't attacked by addicts or victims of huge losses, they would still have a threat of getting attacked by robbers and people who know they run a gambling business and they would have a lot of money. Anyone, running any sort of business living in any part of the world needs to make sure they have security at all times, especially when they are away from the premises of their business or home which also must be completely secure to keep them safe from attacks.

Some people think it's easy to live a life where you have a lot of money but it's not that easy. An average person is free to do whatever they want, wherever they go without any fear or anything, but a rich can't do that, they can't go anywhere alone, visit a restaurant with only friends and no security or anything because they are always afraid.
newbie
Activity: 0
Merit: 0
This conversation about the future of crypto payments is fascinating!  I've been hearing a lot about it lately, but  it's still a bit of a wild west for me. The idea of using crypto for everyday purchases seems like it could be a game-changer, but  I'm wondering if things are really ready for mainstream adoption yet.  There's still a lot of volatility in the market, right?  And what about acceptance by businesses?
For those who are already using crypto for payments, what's your experience been like?  Is it smooth sailing, or are there still some kinks to iron out?  And have any of you tried using crypto at online casinos (like the ones advertised on www.crypto-casinos.com)?  Seems like it could be a good fit, but also feels a bit risky.
full member
Activity: 2366
Merit: 191
★Bitvest.io★ Play Plinko or Invest!
"This conversation about the future of crypto payments is fascinating!  I've been hearing a lot about it lately, but  it's still a bit of a wild west for me. The idea of using crypto for everyday purchases seems like it could be a game-changer, but  I'm wondering if things are really ready for mainstream adoption yet.
Crypto is being accepted already in some part of the world and in some businesses and
others are even have their government agencies accepting crypto so this is already happening
though in limited area only.
game changer? it is already changing the world now and I believe that if we are going
to make this happen in our community then growth will follow .
its just that we need to take part of this.
hero member
Activity: 882
Merit: 507
Defend Bitcoin and its PoW: bitcoincleanup.com
Maybe because of how most of the casinos owners are unapproachable, gamblers also don't mind having any form of conversation to them, instead some leave all on the reviews and feedbacks on their site, but it will be a good thing to know the intention of any existing or newly launched crypto casinos how they plan to remain ever committed to be reliable on gambling and providing of new and up to date games for their end users, the other aspects of questions they will like to ask is concerning the way they handles gamblers challenges with the use of their platform and this has to do with customers service.
The truth of the matter is that, of casinos owner's become so known it will pose a security risk on them and how they handle themselves, because running a casino as a business is risk involved and there are so many negative impact of that on there security business safety and the tendency to get run over easily by competitors, so if care is not taken the business will close down if they reveal they identity.
Also if the CEOs are known, it will result into physical assault on them by aggrieved losers and addicts who may thinks and believe that the CEO is the brain behind they predicaments.
hero member
Activity: 644
Merit: 592
Leading Crypto Sports Betting & Casino Platform
           -   A casino owner has only one aim, and that is to collect income. And how will that happen? Of course, there must be gamblers who will play on their platform and make money from the games they choose to play. Because if no one brings money into their casino, their casino business is useless.

Maybe my question will be, if ever the house edge of a casino really controls every play of a gambler? And is it also true that they only choose what they want to win? And when a casino sees that a gambler's winnings are about to be released, will they hold it because the player's winnings are too big because their funds are not enough, so they will just make an alibi?
Alibi for what?

Regardless, these questions of yours can be answered by anyone just as they come to their heads, and they are such that any casino owners will answer in such ways that will always favour them. It will never reflect the reality of what they would do in such situations. Let me vary them for you. For the first part, the house will always have the edge in their casinos, and the reason is that they established it for the sole purpose of money making, so the games you are playing there must have been wired in their favour and winning pegged at a certain percentage of choice. From what I heard, it could be 15% or 25% winning or more for their customers which makes the customers rely solely on luck and can't beat the house for any reason.

This is made possible with the algorithm of the games, and it depends on the casino to leave it at default or even wickedly adjust it to be tougher for players. As for choosing what they want you to win, that's possible since we have many of them doing many ignoble things unquestioned. But for the probably fair casinos, I think there is a limit to what they can manipulate.

What annoys me the most is the withholding of the winning of gamblers. After all the losses, trauma and stress, the gambler now wins but the casinos could refuse to pay the winning. This is very bad and it is common to those illiquid ones among them. Casino owners would tell you that such would never happen in their casinos but I tell you that some people are victims of such, so asking is not even necessary. It is nevertheless good for us to go for the well-liquid casinos that are trusted too, perhaps such will not happen to us.
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
It is a very good interview, but of course it did not go into anything that is very specific, things when treated in another way can give more precise results, for example are these Answers based on which casinos? or what casino in particular? It would be good to have some Data because everything is very ambiguous, it is clear and relevant information, that is not denied but basically things can happen very well if we see it from the point of view Closest to thinking that things are somewhat more complicated , being the owner of a casino is not anything, I imagine that you must have thousands of things to do, then when it is clearer, or a little more specific it is better, for example if you have the option of making sports bets, or if you have other options such as PVP games,  all that Changes the focus of things, but in general terms there was something that I learned and I am grateful for that.
sr. member
Activity: 2436
Merit: 324
Why not disclose the brand name of the casino since you will tell us sooner or later and that would be the same in my opinion. If I got to ask to provide a question or asked what will be my question to the owner then my question is, what's the total cost of building a casino? and why did the owner choose the name and not something else?. I know that the casino owner build his own casino is because of earning money and since there are many people who gamble then it's surely a good profit (house edge) and a lose for players or gamblers.
Cost would really be something that be mattering depends on various factors.

1. Design
2. Staff pay
3. Providers
4. Licenses
5. Others miscellaneous

This is why building one is never been that cheap whether offline or online but i do believe that offline is much more expensive considering that you
would really be purchasing up those machines and even renting or building up a venue doesnt really come cheap.
So it would really be understandable that they would really be offering the best games and service that they could to have that revenue and
fasten up the ROI on which this is something understandable.
full member
Activity: 882
Merit: 148
Interesting interview. I must say that I did not expect the minimum budget to be around a 100 grand. This site is also one of the many crypto gambling sites these days that will require KYC at some point or another.

The whole Brazilian local currency to stablecoin transfer system is epic and it would be awesome if they implemented similar stuff in some other countries too.
legendary
Activity: 3430
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
Thank you, everyone, for your patience and questions.

The interview is live, you can read it here - https://bitcasinorank.com/vlw-bet-founder-interview/

Feel free to share your feedback. More interviews are coming!

Well, thank you for doing the interview... it was fun reading it, but I expected a bit more juicy answers on how things work.. but those questions were answered with caution not to reveal too much of the secrets.

It will be nice if you can arrange more interviews with other casino owners and to ask them more about the inner working of the casinos. (Investors/RTP verification/Security cost etc)
copper member
Activity: 56
Merit: 1
interesting interview, but I would also be interested to know his opinion on Considering the significant role of technology in the operations of a crypto casino. How to stay ahead with technological advancements, and what are strategies for implementing new technologies to enhance user experience and security?
legendary
Activity: 2296
Merit: 1335
Defend Bitcoin and its PoW: bitcoincleanup.com
Not a bad interview, OP. I see that the owner did not want to disclose a couple things and used the well known phrases like we go by best standards in the industry or something similar, so it's like "I'm not talking about that, fuck off" type of answer, but fine, he wants to be a bit shady, his choice Wink Other than that, I liked it and the amount of money needed to start the business was pretty much what I expected.

Why not disclose the brand name of the casino since you will tell us sooner or later and that would be the same in my opinion. If I got to ask to provide a question or asked what will be my question to the owner then my question is, what's the total cost of building a casino? and why did the owner choose the name and not something else?. I know that the casino owner build his own casino is because of earning money and since there are many people who gamble then it's surely a good profit (house edge) and a lose for players or gamblers.

You've just proven that you're lazy and did not read the interview. The brand is VLW.BET
hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
Why not disclose the brand name of the casino since you will tell us sooner or later and that would be the same in my opinion. If I got to ask to provide a question or asked what will be my question to the owner then my question is, what's the total cost of building a casino? and why did the owner choose the name and not something else?. I know that the casino owner build his own casino is because of earning money and since there are many people who gamble then it's surely a good profit (house edge) and a lose for players or gamblers.
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