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Author Topic: Sponsor Money from Casino, Is bad or Good?  (Read 2299 times)
blockman
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February 25, 2021, 10:17:21 PM
 #121

I'll be frankly honest, I mean what's the point of the whole sponsorship if an influencer or a YouTube can't withdraw the money that's been given to him by a certain casino? I won't do it if I'm going to be in that situation since I don't see any merits doing so.
It's an x-deal.
There are promoters that are good with whatever deal they'll take from the sponsors. And these sponsors can give any kind of deal that they want to the promoters.
That's why they can just take as much as they want just to give themselves branding and they're being sponsored by a company.

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February 25, 2021, 11:07:55 PM
 #122

This particular issue has always been confusing some games or casino influencers.
I feel there is nothing wrong with sponsorship. However, it's best the influencer or promoter make research about the casino to understand their authenticity and if they are not violating any law before promoting it. This is the best and the right way, in every business.

The problem is that you cannot conduct a full study of the legality of the casino business - they are mostly registered in offshore companies and you can assess the legality of their activities only by the comments of their users (are there any problems or not). But even user reviews cannot be trusted as they can be fake.

Start checking the validity of their gambling license first. At least have a valid license first. If there's none, check the ratings or feedback as you suggested, like in trustpilot. Since a lot of reviews are not authentic, you can check it for yourself. Send small amount of money and test the site. You will know how they treat the players if even small time players are not having any issues with them. An endorser should check the services for himself first and not just blindly promoting them.
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February 26, 2021, 12:41:49 AM
 #123

It's bad for Casino's business but it's fairly okay in other aspects if you're going to ask me. First of all, they are sponsored because the casino is hoping they will gather more people into playing in the casino, which in practice will give them bigger profits in the long run. So it's not that bad really. And in the case of the common player's side, I don't think it's not fair.

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February 26, 2021, 12:49:19 AM
 #124

I don't see anything wrong on it, in fact Vloggers content creator and even this forum needs sponsors to keep up with he cost, it's not easy running a channel, creating a content, there should be a financial motivation behind it, nothing is free now, because you cannot keep up giving something for free, you need sponsors whether in kind or cash. 
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February 26, 2021, 01:20:37 AM
 #125

When somebody advertises something then there is obviously going to be some form of compensation. Even streamers who are not paid directly to advertise are still looking to make money from referrals and they don't intend on solely using their own income for something that carries a certain level of risk. Whether they feel like disclosing that they're playing with sponsor money or not isn't all that relevant to me because it is safe to assume that almost everyone is doing it out of self interest.

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February 26, 2021, 01:27:57 AM
 #126

There are positive and negative effects so I guess it will just negate each other and at the end it will depend on how someone will look at it. As we obviously see in the replies, others says it's bad, but majority think it needs that sponsorship to keep someone's business afloat in this cut-throat competition.

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February 26, 2021, 02:14:46 AM
 #127

There are positive and negative effects so I guess it will just negate each other and at the end it will depend on how someone will look at it. As we obviously see in the replies, others says it's bad, but majority think it needs that sponsorship to keep someone's business afloat in this cut-throat competition.

You are right. As long as both bloggers, Youtuber, Vlogger, or whatever who is active on social media and the gambling company can communicate well, I guess that will not be a problem for them. They can discuss what they should do and don't, so the promoters will not break it because if the promoters do that, that can make a bad image for both sides. Both sides, the promoters and the gambling company, will benefit from that agreement, and if that can achieve success, perhaps the deal will work for the long term.

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February 26, 2021, 02:41:07 AM
 #128

It's bad for Casino's business but it's fairly okay in other aspects if you're going to ask me. First of all, they are sponsored because the casino is hoping they will gather more people into playing in the casino, which in practice will give them bigger profits in the long run. So it's not that bad really. And in the case of the common player's side, I don't think it's not fair.
How is it bad for the casino's business? I feel like there's little to no downsides for the casinos to do sponsored deals between streamers and other popular channels since they could easily recover those costs within a month given that they're generating enough profits.

There are positive and negative effects so I guess it will just negate each other and at the end it will depend on how someone will look at it. As we obviously see in the replies, others says it's bad, but majority think it needs that sponsorship to keep someone's business afloat in this cut-throat competition.
When you're a small rising channel it's really hard to turn down any type of sponsorship deal since you don't get those offers very often.

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February 26, 2021, 06:09:24 AM
 #129

Well that is how they earn and that is how it works as long as the streamer knows that what they are promoting is legit and not just a scam site then I think there isn't a problem.
Casino would try any advertisement or promotions that they could so it is normal that they would also go to streamers specially those who have a good ratings and many viewers.
So we also shouldn't just rely on the streamers review because we know that some of them got paid to do it we should also do our own research if we ever wants to try the site that they are promoting.

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February 26, 2021, 06:23:47 AM
 #130

Well that is how they earn and that is how it works as long as the streamer knows that what they are promoting is legit and not just a scam site then I think there isn't a problem.
Casino would try any advertisement or promotions that they could so it is normal that they would also go to streamers specially those who have a good ratings and many viewers.
So we also shouldn't just rely on the streamers review because we know that some of them got paid to do it we should also do our own research if we ever wants to try the site that they are promoting.

in reality, influencers are winning the game. it's all about social media activity now. there is no effect on SEO nor adnetworks anymore, people already know the popup ads on webpages and adwords on youtube videos. but a shirt with the company name being worn by the streamer is different and the influencer talking about the company is just adding attraction to the company.









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February 26, 2021, 10:50:28 AM
 #131

Once you a promote a project make sure you will get a money because that is your part of your advertise or streamer to get money because there is no free now. But it depends on their agreement on what they do on money they get on the casino while their advertising it. Also a streamer will protect their watchers too because it will cause you blaming to the other people once you promoting not good gambling sites.
Whether a streamer takes money or not I don't really care and appreciate him promoting the site but only if he is actually promoting a functional and legit website. There are some website who take money from scam sportsbook like 1xbit and list them as the best crypto gambling site which is what I just cannot stand as a player.

I don't mind trying a new casino because a streamer or a blog has recommended me but if the site scams me then believe me I will do everything in my power to make sure the person who recommended me will get punished or if he wasn't aware of the scam, at least remove the listing from their site.

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February 26, 2021, 11:12:22 AM
Last edit: February 26, 2021, 11:26:54 AM by rodskee
 #132



Here some sponsor offer I know from some casino:
  • Fully sponsor money
    This one of the most offer some casino give for promoting his casino, they paid some streamer or youtube and fully sponsor the money to play on their casino but with some condition, you cannot withdraw the money
They cannot withdraw the Money as long as they are not wagering this, but once they won then the funds can be withdrawn as those are already their property .
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  • Bonus deposit sponsor
    This sponsor was quite rare, I only know some casino that got this sponsor one of the example YouTubers called Drew. Yeah, he got a bonus sponsor deposit when he deposit around 3K USD the casino adds his balance around 2K off course without any requirement like minimum wagger
I don't think this is rare ,I have read some VIP account story that he is receiving Some good amount of funds to play aside from the rakeback and some bonuses just to stay loyal to that said casino, i just forgot where i have read this but indeed there is.
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Right now, I'm want to hear everyone's opinion about sponsor money.

 
Sponsorship is part of advertising so i don't see any issue on this, casino will spend even tons of money just to promote their company and make if popular around the globe.

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February 26, 2021, 01:53:03 PM
 #133

Well that is how they earn and that is how it works as long as the streamer knows that what they are promoting is legit and not just a scam site then I think there isn't a problem.
Casino would try any advertisement or promotions that they could so it is normal that they would also go to streamers specially those who have a good ratings and many viewers.
So we also shouldn't just rely on the streamers review because we know that some of them got paid to do it we should also do our own research if we ever wants to try the site that they are promoting.

in reality, influencers are winning the game. it's all about social media activity now. there is no effect on SEO nor adnetworks anymore, people already know the popup ads on webpages and adwords on youtube videos. but a shirt with the company name being worn by the streamer is different and the influencer talking about the company is just adding attraction to the company.
Nowadays, people become wise when they watch the ads from the influencers and can filter the information from those ads.
A gambler knows how to search for the other review and not just rely on the influencers.
The casino is trying to use the other way and suggest something different to the influencers and maybe they will use the other strategy to make their viewers curious.
But there are new gamblers who do not have much experience and information follow the influencers without searching from the other sources.
The influencers are still getting paid from the casino company because they already help the casino get more members.

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February 26, 2021, 03:25:25 PM
 #134

Well that is how they earn and that is how it works as long as the streamer knows that what they are promoting is legit and not just a scam site then I think there isn't a problem.

Balancing information regarding to the business that they'll going to promote, it's more on concerning yourself not to be involve with scamming activites. Very important aside from the money that they'll going to collect as payments.

Quote
Casino would try any advertisement or promotions that they could so it is normal that they would also go to streamers specially those who have a good ratings and many viewers.

Viewers and listeners are the main aim by this gambling casino owners, they'll use every channel that possibly brings them traffics and potential gamblers to participate and start to gamble using their services.

Quote
So we also shouldn't just rely on the streamers review because we know that some of them got paid to do it we should also do our own research if we ever wants to try the site that they are promoting.

Never to relied with someone, even the trust rate of streamers are high it's still important to do your DYOR it will keep you away
from any scammers who are fishing around.

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February 26, 2021, 08:28:28 PM
 #135

The problem is that you cannot conduct a full study of the legality of the casino business - they are mostly registered in offshore companies and you can assess the legality of their activities only by the comments of their users (are there any problems or not). But even user reviews cannot be trusted as they can be fake.

Start checking the validity of their gambling license first. At least have a valid license first. If there's none, check the ratings or feedback as you suggested, like in trustpilot. Since a lot of reviews are not authentic, you can check it for yourself. Send small amount of money and test the site. You will know how they treat the players if even small time players are not having any issues with them. An endorser should check the services for himself first and not just blindly promoting them.

Yes, these are reasonable recommendations and personally I do it easier - I only deal with the top of the industry who have been on the market for a long time and are beyond suspicion. But bloggers usually receive proposals from new projects and there the "legend" can be anything, for example: "the license is in the process of registration"  Smiley

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February 26, 2021, 10:05:56 PM
 #136

There may be some notes of this and will depend on some terms and condition:
1. In what kind of sponsorship it will be given. Sometimes, a sponsorship will always need the result of some terms and conditions. they will give the money but not free. there is something that we must do under the agreement.
If it is allowed or not, it will also depend on the country, if gambling and everything activity about this gambling is forbidden, it may be very difficult to accept.

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February 27, 2021, 06:01:25 AM
 #137

There are positive and negative effects so I guess it will just negate each other and at the end it will depend on how someone will look at it. As we obviously see in the replies, others says it's bad, but majority think it needs that sponsorship to keep someone's business afloat in this cut-throat competition.
I do not see any problem with someone selling a product and similarly I do not see any problem someone selling a website and its features to me barring that it is not false and misleading.

I was making a transaction at ethereum network recently, which itself a pain now days but then I saw an ad of 1xbit.com as I was checking my transaction status and it burnt my blood really bad because this is something I don't like, scam gambling sites being promoted on reputed and known sites like etherscan.

Here is how it looked, I took a screenshot that time itself and I am sure a lot of guys will get scammed because of this: https://i.imgur.com/v77IOWS.png

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February 27, 2021, 07:28:34 AM
 #138

There are positive and negative effects so I guess it will just negate each other and at the end it will depend on how someone will look at it. As we obviously see in the replies, others says it's bad, but majority think it needs that sponsorship to keep someone's business afloat in this cut-throat competition.
I do not see any problem with someone selling a product and similarly I do not see any problem someone selling a website and its features to me barring that it is not false and misleading.

I was making a transaction at ethereum network recently, which itself a pain now days but then I saw an ad of 1xbit.com as I was checking my transaction status and it burnt my blood really bad because this is something I don't like, scam gambling sites being promoted on reputed and known sites like etherscan.

Here is how it looked, I took a screenshot that time itself and I am sure a lot of guys will get scammed because of this: https://i.imgur.com/v77IOWS.png

under it is also BitStarz. there is nothing in the ad that says "Advertised sites are not endorsed by... which going to be a problem because a newbie could actually get lost over there and then send some ETH.

here in bitcointalk, theymos added a line Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. to make sure the ads are just ads paying for exposure to the community and not really supported by the community.










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February 27, 2021, 09:52:06 AM
 #139

There may be some notes of this and will depend on some terms and condition:
1. In what kind of sponsorship it will be given. Sometimes, a sponsorship will always need the result of some terms and conditions. they will give the money but not free. there is something that we must do under the agreement.
If it is allowed or not, it will also depend on the country, if gambling and everything activity about this gambling is forbidden, it may be very difficult to accept.

I agree, as long as its legal in our country than we should be able to accept it. There is nothing wrong with sponsorships. All types of businesses are doing it, so why not the gambling industry? Especially in sports are sponsorships very important. Without the outside money coming in there wouldn't be so much money for the players and coaches. In my opinion it's a good thing to advertisements in the form of sponsorships.
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February 27, 2021, 12:33:10 PM
 #140

There may be some notes of this and will depend on some terms and condition:
1. In what kind of sponsorship it will be given. Sometimes, a sponsorship will always need the result of some terms and conditions. they will give the money but not free. there is something that we must do under the agreement.
If it is allowed or not, it will also depend on the country, if gambling and everything activity about this gambling is forbidden, it may be very difficult to accept.

I agree, as long as its legal in our country than we should be able to accept it. There is nothing wrong with sponsorships. All types of businesses are doing it, so why not the gambling industry? Especially in sports are sponsorships very important. Without the outside money coming in there wouldn't be so much money for the players and coaches. In my opinion it's a good thing to advertisements in the form of sponsorships.

Before you accept the sponsorships, you must search for information as much as you can about the company, so you will be sure that the sponsorships can give benefits to you. Sometimes, the ads can attract more visitor for both of you and the company, so that can be a win-win solution for you, especially people who want to search for a good review about the company. You can get paid by the company, and the company can make another income from the people you already invited.

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