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Author Topic: How can online casinos Pay it forward?  (Read 215 times)
eternalgloom
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June 01, 2018, 09:18:34 AM
 #21

The problem is that these brick & mortar casinos are only paying it forward, because they are required to do so by law.
I know that there are a lot of charity-giving people in the crypto community, but I doubt that casino owners are among them.

I would think that they think about profit in the first place, so they would most likely not give back to the 'community' unless there was something in it for them.

There is something in it for them. When you are the main sponsor of a Bitcoin event, you get prime advertisement for your

business and you build Brand recognition. You also increase adoption by sponsoring large tournaments. The biggest Casinos

are offering Sports betting & eSport betting services, so they can even host a online gaming tournament with the help of the

community and gain new gamblers that would be betting on the outcome of these tournaments. The Bitcoin gambling and

online gambling scene is very competitive, so things like this will set it apart from the other 100's of casinos out there. I can

already envision a Bustabit or PrimeDice sponsored global online gaming tournament.  Wink {Arranged by the community and

funded by the casinos}  Cool  The games can be streamed live with advertisements all over the place and people betting on

the games.  Grin

Looks like I didn't think that reply through enough Tongue

You're right that they would get free advertisement in return, but is it really 'paying it forward'?
I was more thinking about casino's offering to help with paying for development of Bitcoin or other open-source projects.

I personally just don't really count hosting a tournament as 'paying it forward'. That's just my opinion though.

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June 02, 2018, 11:25:23 AM
 #22

The problem is that these brick & mortar casinos are only paying it forward, because they are required to do so by law.
I know that there are a lot of charity-giving people in the crypto community, but I doubt that casino owners are among them.

I would think that they think about profit in the first place, so they would most likely not give back to the 'community' unless there was something in it for them.

There is something in it for them. When you are the main sponsor of a Bitcoin event, you get prime advertisement for your

business and you build Brand recognition. You also increase adoption by sponsoring large tournaments. The biggest Casinos

are offering Sports betting & eSport betting services, so they can even host a online gaming tournament with the help of the

community and gain new gamblers that would be betting on the outcome of these tournaments. The Bitcoin gambling and

online gambling scene is very competitive, so things like this will set it apart from the other 100's of casinos out there. I can

already envision a Bustabit or PrimeDice sponsored global online gaming tournament.  Wink {Arranged by the community and

funded by the casinos}  Cool  The games can be streamed live with advertisements all over the place and people betting on

the games.  Grin

Looks like I didn't think that reply through enough Tongue

You're right that they would get free advertisement in return, but is it really 'paying it forward'?
I was more thinking about casino's offering to help with paying for development of Bitcoin or other open-source projects.

I personally just don't really count hosting a tournament as 'paying it forward'. That's just my opinion though.
We never ever have to advertise this gambling or casino related thing. This would be a part from our side in destruction of this humanity if we advertise something. So better is not to be involved in any sort of stuff that is related with gambling. We must understand that this would be a great loss for us if we are still been in this gambling and losing our hard earned money.
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June 02, 2018, 02:02:20 PM
 #23

So, I want to ask these casinos if they can willingly sponsor some Bitcoin events or some advertising campaigns to increase

Bitcoin awareness, to increase adoption.
Aren't they already doing it by making their casino accept bitcoins and other cryptos ? Moreover, they have signature campaigns which pay in bitcoins.Even if the organise events, it may backfire because these casinos aren't as established legally as your local casinos.So why take a risk ?

There are millions of gamers out there for instance that would participate in online gaming tournaments, if they sponsored
big prizes for these tournaments.
There are individual tournaments hosted on different gambling sites.Crypto-games.net have always one or the other events going on.
Kprawn (OP)
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June 02, 2018, 03:40:41 PM
 #24

So, I want to ask these casinos if they can willingly sponsor some Bitcoin events or some advertising campaigns to increase

Bitcoin awareness, to increase adoption.
Aren't they already doing it by making their casino accept bitcoins and other cryptos ? Moreover, they have signature campaigns which pay in bitcoins.Even if the organise events, it may backfire because these casinos aren't as established legally as your local casinos.So why take a risk ?

There are millions of gamers out there for instance that would participate in online gaming tournaments, if they sponsored
big prizes for these tournaments.
There are individual tournaments hosted on different gambling sites.Crypto-games.net have always one or the other events going on.


The Signature campaigns are not being done to "Pay it Forward" ...it is done 100% to advertise their services on Bitcoin

platforms.  Angry  Why would it backfire, if they only sponsor these events with Bitcoin prizes? They do not have to attend these

events and expose their identities.  Roll Eyes

The tournaments hosted by some of these eSport betting sites are for professional gamers and most of them are not even

Bitcoiners. I am talking about amateur gamers that are also Bitcoiners.  Wink 

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June 02, 2018, 05:42:50 PM
 #25

This is interesting but I think both are different you see online and brick mortar are completely different, one supports fiat and other cryptos. Thanks to the online casino people brought Bitcoins to play without giving up their identity. I think online casino have got transparency back and that's what one can really expect from them, plus they give out bonus and treasure chest to. I don't expect them to give out more.
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June 05, 2018, 06:25:28 AM
 #26

This is interesting but I think both are different you see online and brick mortar are completely different, one supports fiat and other cryptos. Thanks to the online casino people brought Bitcoins to play without giving up their identity. I think online casino have got transparency back and that's what one can really expect from them, plus they give out bonus and treasure chest to. I don't expect them to give out more.
But I don’t like this. We all need to work on ourselves and how to live better life. That is only the result of a respectable earning and it never comes if someone is interested in gambling. This gambling never lets you live a healthy and wealthy life and it can detach you from your family as well. And all this is just because of this online and traditional casinos. They are ruining the lives.
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