Indrawan77
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May 15, 2019, 04:03:21 AM |
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When you just play for fun and do small betting then it's not important, but if you're daily gambler then its good to have that privilege, some of the VIP gives you more deposit bonus or cashback bonus, so it can become handy if you often gamble and bet with big bet
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Pattart
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May 15, 2019, 05:14:31 AM |
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For me, I don't think that will be worth it because I don't expect to get a big win in the gambling games. I don't take the VIP rewards into my account, and I am only an ordinary people who only want to play gambling. But I don't know with the other's opinion, and maybe they will like to take VIP rewards because they can use it for another.
it's kind of loyalty to their loyal users, but it doesn't really matter if you just play for fun right. unless you are looking for profit in gambling, maybe a VIP rank will greatly affect the final outcome of your gambling game. but for small players like me, ranking isn't too much of a concern
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Caladonian
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May 15, 2019, 06:56:44 AM |
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When you just play for fun and do small betting then it's not important, but if you're daily gambler then its good to have that privilege, some of the VIP gives you more deposit bonus or cashback bonus, so it can become handy if you often gamble and bet with big bet
That's the logic, when playing big bankroll those privilege will adds up, bonuses can be use as an extend of your capital so you can execute strategy that you wanted to use, gambling sites who offers VIP knew that every hevy gamblers will be attracted by this promotions making them stay and enjoy playing, it's for both big time players and the house to take the edge from using this privilege,. House attract more players to upgrade their position and have this privilege while players will look for some edge when using it.
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bering
Legendary
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Leading Crypto Sports Betting & Casino Platform
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May 15, 2019, 07:09:18 AM |
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I had heard there was some of casinos offering VIP rank to their players but during gamble as far i remember i was never get VIP rank on my profille also while gamble i never thinking to get particular ranks but if this rank will profitable for the players themself i think it will be fine but for me VIP rank or not it does not matter as long i can play gamble and lucky that's enough for me
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1982dre
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May 15, 2019, 07:21:05 AM |
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I was VIP at PrimeDice a long time ago. It was when you wagered 100+ BTC. At the end you start wagering just to get it and there wasn't any reward. But a tag next to your name was also nice.
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shoreno
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May 15, 2019, 07:42:44 AM |
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I was VIP at PrimeDice a long time ago. It was when you wagered 100+ BTC. At the end you start wagering just to get it and there wasn't any reward. But a tag next to your name was also nice.
100+btc waggered but still no cash reward ? strange . if its done on other sites , you can already win the first prize for waggering contest . 100+btc is not a joke amount of cryptos and they should have give you something in return aside from a vip status / tag . when i heard the word vip , first thing that come to my mind is premium or goodness but i think vip feature will also depend on the site that you are playing with . some give good rewards and some not really .
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1982dre
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May 15, 2019, 07:52:42 AM |
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I was VIP at PrimeDice a long time ago. It was when you wagered 100+ BTC. At the end you start wagering just to get it and there wasn't any reward. But a tag next to your name was also nice.
100+btc waggered but still no cash reward ? strange . if its done on other sites , you can already win the first prize for waggering contest . 100+btc is not a joke amount of cryptos and they should have give you something in return aside from a vip status / tag . when i heard the word vip , first thing that come to my mind is premium or goodness but i think vip feature will also depend on the site that you are playing with . some give good rewards and some not really . Yes there was no cash reward. At least I didn't get anything. Maybe some other older players of PrimeDice can confirm that? That 100btc was when bitcoin was worth $1200 but still a big amount to wager.
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Betwrong
Legendary
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Activity: 3500
Merit: 2244
🌀 Cosmic Casino
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May 15, 2019, 08:24:45 AM |
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I was VIP at PrimeDice a long time ago. It was when you wagered 100+ BTC. At the end you start wagering just to get it and there wasn't any reward. But a tag next to your name was also nice.
100+btc waggered but still no cash reward ? strange . if its done on other sites , you can already win the first prize for waggering contest . 100+btc is not a joke amount of cryptos and they should have give you something in return aside from a vip status / tag . when i heard the word vip , first thing that come to my mind is premium or goodness but i think vip feature will also depend on the site that you are playing with . some give good rewards and some not really . Yes there was no cash reward. At least I didn't get anything. Maybe some other older players of PrimeDice can confirm that? That 100btc was when bitcoin was worth $1200 but still a big amount to wager. I don't know if you can call it a reward, but I'm sure your faucet was higher than average with that amount wagered.
Overall I think that various rewards for high rollers is a good and necessary thing, without which no gambling site I know of operates. Also, this practice is not unique to gambling sites. Restaurants, airline companies, shops, gyms etc. are using similar patterns to award their loyal customers.
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swogerino
Legendary
Online
Activity: 3374
Merit: 1248
Bitcoin Casino Est. 2013
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May 15, 2019, 09:34:12 AM |
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These kind of rewards are only important to people who do a lot of betting, the highrollers.I think for them is important because it gives a boost to their gambling.
To average and casual gamblers I don't think this kind of reward is important as they are not heavy bettors.These rewards are created exactly for these high rollers and not for the average gamblers.
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tsaroz
Legendary
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Activity: 3164
Merit: 1069
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May 15, 2019, 09:35:34 AM |
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Some Bitcoin gambling websites have these extensive multi-tier VIP rewards for their players. How important is it for you that the website you play on has these?
Also, do you take these VIP rewards into account when you look at the website's house edge? I mean, if the house edge is at like 1% for dice, but you also get some additional rewards when you wager certain amounts, then the overall house edge is actually a little bit lower, right?
I personally really like it when a website offers these additional rewards, combined with a system for ranking up. Really adds a whole new element to your gambling experience.
What do you think?
These ranks and stats do have an effect on the mindset of a gambler or any users. It's like being part of the site. A place to gather. It brings back some nostalgia. The site recognizing the contribution (they love money) of the individual would make them at least satisfied that their loss can be seen on their rank and leaderboard.
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okala
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May 15, 2019, 10:48:37 AM |
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Is VIP rank on gambling site come with any advantage because to me it just depends on you involvement on the site and how skillful you are in playing gambling games that warrant the gambling platform to give you that rank. But may be it have more to it e.g the level of rewards and risk of gambling.
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eternalgloom (OP)
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Activity: 1792
Merit: 1283
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May 15, 2019, 11:29:42 AM |
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These kind of rewards are only important to people who do a lot of betting, the highrollers.I think for them is important because it gives a boost to their gambling.
To average and casual gamblers I don't think this kind of reward is important as they are not heavy bettors.These rewards are created exactly for these high rollers and not for the average gamblers.
On some gambling websites it's really not only for the high rollers. I mean, on Bitsler for example, you can already level up and open loot chests when you've wagered a couple of hundred dollars worth of cryptocurrency. Same with other websites & keep in mind, if you play dice at a 1.02 multiplier, you can get there quite fast.
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buwaytress
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Join the world-leading crypto sportsbook NOW!
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May 15, 2019, 12:11:46 PM |
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For Sportsbook then this VIP thing would really be beneficial due to perks and other benefits but for other gambling sites like dice and other similar games,then i dont see such useful thing yet most of them wont really give out that decreased House edge,if it does then the house is simply generous. I believe Safedice (before it went weird, don't even know if it's still around) had a model for lowered house edge for higher levels of wager. Most others don't really lower the house edge for you, but the nett effect of bonuses like higher cashback, or higher lossback for higher levels is that you lower the edge. For instance, if you played at a dice site with 1% house edge, that means you "lose" (are expected to lose) 0.01 BTC for every 1 BTC you wager, but if you wagered 1 BTC, you get quite a high level at some dice sites. It opens up bigger faucets, bigger rains, bigger bonuses. Granted, these can be quite small at first but cumulatively and over the long term, I've found that the bigger faucets on days I'm not depositing, the rains, etc. They all add up and help make up for the "expected losses" of house edge.
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traderethereum
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For me, I don't think that will be worth it because I don't expect to get a big win in the gambling games. I don't take the VIP rewards into my account, and I am only an ordinary people who only want to play gambling. But I don't know with the other's opinion, and maybe they will like to take VIP rewards because they can use it for another.
it's kind of loyalty to their loyal users, but it doesn't really matter if you just play for fun right. unless you are looking for profit in gambling, maybe a VIP rank will greatly affect the final outcome of your gambling game. but for small players like me, ranking isn't too much of a concern I am small players too like you, and I don't think much about VIP rewards because as what I said before, that rewards will belong in for the loyal users who always play gambling in their site. Without the loyal user, the gambling site cannot grow and cannot get a good reputation among the other gambling websites. They should treat loyal users as a king and never disappoint them.
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eternalgloom (OP)
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May 15, 2019, 01:02:49 PM |
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For instance, if you played at a dice site with 1% house edge, that means you "lose" (are expected to lose) 0.01 BTC for every 1 BTC you wager, but if you wagered 1 BTC, you get quite a high level at some dice sites. It opens up bigger faucets, bigger rains, bigger bonuses. Granted, these can be quite small at first but cumulatively and over the long term, I've found that the bigger faucets on days I'm not depositing, the rains, etc. They all add up and help make up for the "expected losses" of house edge.
Exactly, that's why I mentioned this in the OP: Also, do you take these VIP rewards into account when you look at the website's house edge? I mean, if the house edge is at like 1% for dice, but you also get some additional rewards when you wager certain amounts, then the overall house edge is actually a little bit lower, right?
You do have a good point that this would probably only have a significant effect when you're at quite a high rank. Some sites really do have great rewards if you've wagered a couple of BTC, maybe evenenough to fully offset the house-edge.
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Ucy
Sr. Member
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Compare rates on different exchanges & swap.
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May 15, 2019, 05:12:13 PM |
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This is an interesting way to improve gambling loyalty. Do they give monetary incentives or any additional incentive to the ranks? Is the ranking up thing also done on physical gambling centers?
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playboy654
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May 15, 2019, 07:58:27 PM |
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Once we got the opportunity to get the these things then the next move from our side will be more confident with some extra guidance because the rewards will be giving the extra power and vibration in our mind that's why they are really needed for everyone.
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BossMacko
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May 16, 2019, 12:20:11 AM |
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Some Bitcoin gambling websites have these extensive multi-tier VIP rewards for their players. How important is it for you that the website you play on has these?
Also, do you take these VIP rewards into account when you look at the website's house edge? I mean, if the house edge is at like 1% for dice, but you also get some additional rewards when you wager certain amounts, then the overall house edge is actually a little bit lower, right?
I personally really like it when a website offers these additional rewards, combined with a system for ranking up. Really adds a whole new element to your gambling experience.
What do you think?
For you to be eligible for VIP rewards you need to wager a lot. For me i'm not into VIP rank to get a VIP reward. What i want in a gambling site is if they offer contest per week where you get a reward if you win the contest.
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SyGambler
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guess who's back
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May 16, 2019, 12:34:49 AM |
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of course you should always stick to sites that offer you betback , lossback or any other type of bonuses when you are playing games that are -EV these rewards won't make you profit , but they will do help you recovering some of what you lost and reduce the house edge a little
for sportsbetting that's a different story , for a profitable punter these rewards are purely extra money so when you see a site that offers a bonus you should take it since you are expecting to make more money
always stick to sites that offer betbacks and lossback , if you see two sites that offer the same odds for certain game and you want to bet it then you should bet it with the site that has betback and lossback after you make the bet you won't notice any change cause sometimes you want even make a penny with these rewards but considering that you are a profitable punter that means you will keep making bets since you are profitable at the end you will notice a huge difference after like 10000 bets
just like shopping for the best odds , if you don't take these small VIP benefits then you are leaving money on the table
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Twinkledoe
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★Bitvest.io★ Play Plinko or Invest!
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May 16, 2019, 12:43:23 AM |
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When you just play for fun and do small betting then it's not important, but if you're daily gambler then its good to have that privilege, some of the VIP gives you more deposit bonus or cashback bonus, so it can become handy if you often gamble and bet with big bet
Yes, it doesn't matter to small rollers like myself. But if you are a regular to a specific gambling site and you are spending a lot of money, I think VIP and other rewards should be of advantage to you.
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