Why only Bitvest and 777Coin

[mr.smith]

I roam around this forum although I seldom post and I notice that Bitvest and 777Coin upon checking are the two signature campaigns in the gambling industry with the longest campaign and with so many participants.

= Are they the only gambling sites that really make a profit from gambling
= Why other campaigns only last 2 to 5 weeks why they cannot sustain
= How can Bitvest and 777Coin sustain the campaign

even non-participants of these two campaigns can answer because I believe many of you here become part of the campaigns one time or another. 

[BitcoinGirl.Club]

I roam around this forum although I seldom post and I notice that Bitvest and 777Coin upon checking are the two signature campaigns in the gambling industry with the longest campaign and with so many participants.

= Are they the only gambling sites that really make a profit from gambling
= Why other campaigns only last 2 to 5 weeks why they cannot sustain
= How can Bitvest and 777Coin sustain the campaign

even non-participants of these two campaigns can answer because I believe many of you here become part of the campaigns one time or another.  

If you were roaming around for long then you must know that it's not only these two but there are many around. This community is great for any bitcoin/crypto project so all the casino/bookies with crypto obviously starts from this community.

There are some bigger casinos than Bitvest and 777Coin are FortuneJack, sportsbet.io, bitcasino, stake etc. The full list may exit a list of 50 I guess.

[Bttzed03]

I roam around this forum although I seldom post and I notice that Bitvest and 777Coin upon checking are the two signature campaigns in the gambling industry with the longest campaign and with so many participants.

Check this thread to view the signature campaigns here - https://bitcointalk.org/index.php?topic=615953.0
Other campaigns that have been running for a long time now are bustadice, yolodice, playbetr, crypto.game, bitcasino

= Are they the only gambling sites that really make a profit from gambling
= Why other campaigns only last 2 to 5 weeks why they cannot sustain
= How can Bitvest and 777Coin sustain the campaign

1. Definitely not. Keep in mind also that they don't pay participants the same as the others. If I'm not mistaken, they're one of the campaigns with the lowest rate.
2. Probably because they only plan to advertise for a short time to test if they can get enough users here. If they're not getting enough traffic from the campaigns, they'll end it.
3. Like I said, they have one of the lowest rates. We can also assume that they are driving traffic that generates enough revenue to compensate for the marketing expenses.

[NavI_027]

= Are they the only gambling sites that really make a profit from gambling

No they are not ghe only one. There are Sporsbet, Cryptgames, Bitsler (though it end already), Yolodice etc. Many gambling sites as reputable as them are existing and making profits as well.

= Why other campaigns only last 2 to 5 weeks why they cannot sustain

It depends on every project on how long they want to run a campaign and how much they want to pay their participants. The fact that they are new also affects the duration of their campaign. Since bitvest and 77 are already a huge and popular site, they of course got a higher fund to sustain their campaign.

= How can Bitvest and 777Coin sustain the campaign

Simply because of their payment system. Their pay rate per post can be considered smaller than the usual and it becomes smaller as you gobon the lower tier. Don't get me wrong, I'm not saying they are unfair or whatsoever. Maybe that is just their own way of making an effecctive advertising and yeah it works. Their campaign runs for couple of years already (I can't actually remember when since they made a new thread ) and still counting. Imagine the amount of profit it could bring for them.

[YOSHIE]

I roam around this forum although I seldom post and I notice that Bitvest and 777Coin upon checking are the two signature campaigns in the gambling industry with the longest campaign and with so many participants.

all casino gambling sites have their own way of charging and attracting interest for gambling members, especially the campaign in this forum.

Whether a gambling site develops or not depends on the way the services offered by the gambling site.
From the OP's question, why do gambling sites (Bitvest & 777coin) or campaigns, continue to grow and are currently the longest on the Bitcointalk Forum.
If explained here, maybe I should write two pages for the two gambling sites, so you get curious.

You can read below, why the Bitvest & 777Coin site survives.

What makes bitvest Special?

What makes 777Coin Special?

Maybe the two sources above can answer your doubts right now, they last a long time compared to other gambling sites.

[AjithBtc]

It is their own teams to decide upon the schedule on campaign. Some gambling sites used to conduct campaigns for a long as bitvest and 777coin. Most of the gambling sites used to conduct campaigns for promotion at regular time interval. Just because of the campaign running for a long time doesn't mean they're the only successful gambling sites.

[$crypto$]

= Are they the only gambling sites that really make a profit from gambling
= Why other campaigns only last 2 to 5 weeks why they cannot sustain
= How can Bitvest and 777Coin sustain the campaign

Bitvest and 777coin are not the only gambling sites with revenue, and there are even other platforms that are much loved by the community until now.
Maybe the new gambling site they will promote in a signature campaign as an experiment and lasts only 4 weeks ago was stopped with a plan to continue in the future, and of course now many new gambling sites that come up with a signature campaign don't last long.
Bitvest and 777coin have maintained a long time and as far as I know they have run 2 generations of Hhampu managers and now Brainboss,
And maybe with good traffic so they can maintain a campaign for many years with many participants but with this low enough maybe they can maintain it.

[ralle14]

Like they've said it's not the only gambling site that's profitable with a signature campaign. There are other sites as well but their campaign thread aren't that active compared to Bitvest and 777Coin which gets bumped to the top every day due to the amount of open slots available. I remember a few gambling campaigns used to be active but eventually they had to lock the thread after it got spammed by applications while the campaign is full.

[Bitinity]

= Are they the only gambling sites that really make a profit from gambling

It is wrong perception, long campaign does not mean profit. Gambling sites with no long campaign or even without campaign does not mean that they are not making profit.

= Why other campaigns only last 2 to 5 weeks why they cannot sustain

Every sites has their own budget and plan on how long they should run the campaign. 2-5 weeks only does not mean that they cant sustain, but it is related to effectiveness of the campaign.

= How can Bitvest and 777Coin sustain the campaign

Because they offer so low rate. If other sites offers the same rate as them, those 2-3 weeks campaign with higher rate may stand longer.

[cabron]

The list is quote big than those 2 only. Gambling sites do makes profits and some of them just want to have a short time promotion and once they have a good number of users they might stop it. They might not want to spend too much on marketing as every company as different policies and practices. Yolodice, Bitcasino, FJ etc I know existing from long time

Those who stop their marketing campaign risks the loss of clients as well. Marketing is a constant battle because almost every day there are crypto casinos coming out to grab the loyal clients. Some of these casinos understand this battle and its the reason for their continuous marketing in the forum. They should be creative in advertising as well, crypto.games did some article posting on different forums too, i'm not sure if its effective but most probably its for SEO.

[Genemind]

There is a lot of gambling signature campaign that is still running for a long time now compared to these two. And the requirements and payment are unlike another signature bounty. If you would compare they have tiers for participants depending on how long they have joined the campaign which has different rates per tier and it only has a limited spot. They are paying less compared to other bounties. Each casino has its own style and strategy in marketing and getting exposure. If the casino already gained the attention of gamblers and they think that a bounty campaign is not needed anymore, they can stop it anytime.

That is why some casinos are having different types of campaign like roobet who had a video and art campaign, coindragon had their mini facebook campaign, and etc.

[Debonaire217]

Honestly, i really don't like this topic as gambling sites have their own freedom what platform they will use to advertise and promote their site. But I find it effective when gambling site choose bitcointalk as the medium, especially, if the site is cryptocurrency based. Looking at our forum's design, it has a thread that is mainly focused in gambling topics, and participants are free to advertise and talk about the site itself.

Going back, Bitvest and 777Coin perhaps are one of the longest running campaign here with tons of participants, that might be the reason why it caught your attention into thinking that these gambling sites are the top of the line.

[shoreno]

thats because they owned by the same owner so both rules are identical . if one site accepts x number of participants we can expect that the other will do the same. aside from these two there other campaigns that accept good number of members but most of them already ended . gambling site or owners wont say if they are profiting or not thats why we cant answer your question accurately but i can answer based on what i think of  . they continue because they are profiting or they can continue because they need more players

[Kupid002]

I roam around this forum although I seldom post and I notice that Bitvest and 777Coin upon checking are the two signature campaigns in the gambling industry with the longest campaign and with so many participants.

= Are they the only gambling sites that really make a profit from gambling
= Why other campaigns only last 2 to 5 weeks why they cannot sustain
= How can Bitvest and 777Coin sustain the campaign

even non-participants of these two campaigns can answer because I believe many of you here become part of the campaigns one time or another. 

we have many gambling sites that have campaign running for many years here .

Bustabit Yolo and cryptogames  is one of the example . Fortune jack if I'm not mistaken running already for 3 years there are just cutting their campaign right now.

[BALIK]

I roam around this forum although I seldom post and I notice that Bitvest and 777Coin upon checking are the two signature campaigns in the gambling industry with the longest campaign and with so many participants.

= Are they the only gambling sites that really make a profit from gambling
= Why other campaigns only last 2 to 5 weeks why they cannot sustain
= How can Bitvest and 777Coin sustain the campaign

even non-participants of these two campaigns can answer because I believe many of you here become part of the campaigns one time or another.  

Well Bitvest and 777Coin also pay a lot lower than most other signature campaigns, though this also usually means the participants are lower quality and have less visibility than some of the forum's highest quality members.

There's plenty of other casino signature campaigns also running right now, many of which have also been active for several years.

You can take a look at Mitchell's thread here: https://bitcointalk.org/index.php?topic=615953.0

You'll see that almost every campaign that is currently active is owned by a casino, and some—including Crypto.Games, Sportsbet, YOLOdice, Bustadice, BitDice etc have been running for a long time.

Most of the signature campaigns that only last a few weeks don't have the marketing budget to sustain it long term, and they probably think they'll get massive results instantly. They don't understand that the campaigns need to run for a long time to build up visibility in older threads too.

[AbuBhakar]

I roam around this forum although I seldom post and I notice that Bitvest and 777Coin upon checking are the two signature campaigns in the gambling industry with the longest campaign and with so many participants.

= Are they the only gambling sites that really make a profit from gambling
= Why other campaigns only last 2 to 5 weeks why they cannot sustain
= How can Bitvest and 777Coin sustain the campaign

even non-participants of these two campaigns can answer because I believe many of you here become part of the campaigns one time or another. 

Due to their low payment to participants that they were able to keep the campaign longer, they definitely still able to earn since they keep their marketing on going and might already have long supportive players. It's just hard to join in campaigns now since only few participants will be able to be accepted but their are many campaigns as well old signatures of casino that are still here in the forum, we need to keep our account and posting more active to be able to join campaigns as some campaign we're full in registration in an instant due to many who are hoping to get a weekly pay.

[aioc]

I'm proud to be part of Bitvest I would not even think of changing my signature for any other campaign I will try to last as long as I can and as long as Bitvest keep this campaign the campaign is continuous, I'm not thinking of the payment my motivation is to have continuous rewards of Bitcoin and besides some campaign only last 2 to 3 weeks after they have to vie for other campaign and there's a chance that you will not be picked, my only wish is they will not change the current rewards even if Bitcoin is moving up but any decision by management I'm ok with it.

[btcltcdigger]

My thoughts are that owner of these 2 sites (and i believe it's the same owner) is a person who managed to stock up alot of BTC, possible thousands or tens of thousands.
And as such, he probably has a chunk stored aside for promoton.
Mind you, early btc enthusiasts could very well own hundreds of thousand of bitcoin. And setting aside lets say 1000 BTC could fuel these campaigns for years.
It might not be 100% profitable for them, but it's a strategy that might pay up in the long run.

[leea-1334]

Also to note that Bitvest and 777Coin belong to the same owners (so they are sister companies) and they actually have no minimum requirement to join their campaigns, meaning to say,,, they have the lowest tier that can pay anyone who needs money to join. Good for them but that is also why they are probably the most visible:)

[Gotumoot]

I roam around this forum although I seldom post and I notice that Bitvest and 777Coin upon checking are the two signature campaigns in the gambling industry with the longest campaign and with so many participants.

= Are they the only gambling sites that really make a profit from gambling
= Why other campaigns only last 2 to 5 weeks why they cannot sustain
= How can Bitvest and 777Coin sustain the campaign

even non-participants of these two campaigns can answer because I believe many of you here become part of the campaigns one time or another. 

I am also curious about it but I think that it isn't the answer here there are so many other successful gambling sites that once had a signature campaign.
I think they just got what they was aiming for and doesn't want to continue spending more on signature campaign or they got fed up with disclaimers about their campaigns.
We couldn't really know their reason why did they decide to stop it but I believe that there are more campaigns that have some long run in this forum.