Sponsor Money from Casino, Is bad or Good?

[jrrsparkles]

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.

Literally any cryptocurrency related service can take part in the auction and take forum ad slots with the money but chances of complete scam site there is less even though it is not zero so user also need to do enough research before trusting them with their money.

[Twentyonepaylots]

I don't think the negatives of a sponsor using his sponsor money to bet on the gambling site he is advertising/promoting outweighs the positives, if there's even any. We fail to consider that if anything, we're not really that much affected since even them got the same odds than us, except of course if they have rigged it to make it seem like it's easy to win.

[TimeTeller]

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.

Those are what you call responsible promoters/endorsers.
We have to admit, most are just accepting sponsorships just for the sake of the money.
But this will affect your reputation later on, if found out the site is practicing some fraudulent activities.
Don't see anything wrong if you are promoting a casino, as long as it is legit and no existing allegations.
Casinos are actually giving a lot of jobs to people, aside from the fact that they are one of the biggest taxpayers in the community.

[Fatunad]

I don't think the negatives of a sponsor using his sponsor money to bet on the gambling site he is advertising/promoting outweighs the positives, if there's even any. We fail to consider that if anything, we're not really that much affected since even them got the same odds than us, except of course if they have rigged it to make it seem like it's easy to win.

That what matter most which is on to make it at least fair for everybody neither those money is sponsored or personal because outcome or results would really be just the same.
I dont see for people to make this as an issue or a problem because everyone could really make their own decision and having impression if its good to use up sponsored money or
not but generally speaking i dont see a mistake on this one and as said that odds or chances of winning is just the same when we are dealing with a fair site.
Thing here is that on how they do play on and treating those viewers and able to enjoy on what he's trying to promote.

[Silberman]

Usually people promoting casinos through their referral links will also highlight only the good side of the casino and they will post a positive video showing strategies that will lead to winning results. This way, the streamer incentives the viewer to reproduce the same strategy on the site, as the exhibited strategy indicates it works fine on that specific site.
For most people this approach should looks ridiculous, but there is still a public which fall for this and generate some income through the referral link for the streamer.

This is extremely common and not only with casinos but with almost anything, one of the most obvious examples of this is when people try to get people to trade in an exchange and they supposedly reveal a strategy that you can use to make money in the markets and the they show their results, now maybe they are not lying directly because they actually won that trade but they are lying by omission because they do not say that what they are showing is the result of a single trade and there is no guarantee that every single trade is going to give profits like the example they are showing.

[maydna]

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.

Those are what you call responsible promoters/endorsers.
We have to admit, most are just accepting sponsorships just for the sake of the money.
But this will affect your reputation later on, if found out the site is practicing some fraudulent activities.
Don't see anything wrong if you are promoting a casino, as long as it is legit and no existing allegations.
Casinos are actually giving a lot of jobs to people, aside from the fact that they are one of the biggest taxpayers in the community.

If promoters/endorsers accept the sponsorships because of the money without searching for more information, it doesn't take too long for both endorsers and the casino to stop the sponsorships because one of the sides will be disappointed, even if the money amount is big.

Perhaps, as an endorser, they can teach the viewers about gambling, but they must give a warning to their follower that playing gambling is not just visit on the casino and play the gambling games, but they must have control for many things. They need to always remind that thing to all of the people who watch, while the endorser must be a good example that can hold themselves in playing gambling games.

[tygeade]

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.

Yes, if you make an account personally they can just let you withdraw, play and deposit normally but do selective scams. Only way to avoid this is by promoting well known and already reputed casinos so that you don't have to worry about the trustworthiness.

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. 

It is a very sensitive topic actually because one mistake from the streamer might mean that he loses his subscribers and even his followers on all social media handle within days of promoting a scam gambling site even if by chance and not by choice.

When you promote something directly and at times even indirectly, you have to take the responsibility and make sure that the people influenced by your content don't get to face any problems. Its similar to why some big actors or actress will never promote a new and untested product.

[blockman]

We fail to consider that if anything, we're not really that much affected since even them got the same odds than us, except of course if they have rigged it to make it seem like it's easy to win.

That's very dishonest of the guy if they'll make rig the game and as well as the casino that has sponsored him. I don't see the point that they'll rig it just for the attention but surely this could really be happening or even happened even before. And I agree that we don't care anymore if the guy that was sponsored will use it on that casino or just take the money or whatever he'll do because it was him that has a deal with the casino and not us.

[tabas]

If I have a good channel with viewers I will accept sponsor money as long as the sponsor has a good reputation and no bad feedback, this has been the industry practice for a long time, commercialism is always been part of content creation, you see it on TV, in the newspaper and now in the internet and those with good channel.

Yes, it is very popular these days. Brands and companies are going for sponsorships and it is actually a saver for them.
This is way cheaper than traditional commercials in tvs and newspapers.

[Becky666]

If I have a good channel with viewers I will accept sponsor money as long as the sponsor has a good reputation and no bad feedback, this has been the industry practice for a long time, commercialism is always been part of content creation, you see it on TV, in the newspaper and now in the internet and those with good channel.

Some streamers, mostly those You-tubers doesn't care much about the legitimacy of the casino before accepting the offer of sponsor money, this has been my worries that accepting these fake sponsor money will be endangering the likes of the players. What we saw today on Newspapers and on the Internets are fake contents promoting shit-projects through the name of celebrities which can enter into deal without considering the interests of their followers. 'Commercialism ' is good when everything about it is good and legit.

[ethereumhunter]

We fail to consider that if anything, we're not really that much affected since even them got the same odds than us, except of course if they have rigged it to make it seem like it's easy to win.

That's very dishonest of the guy if they'll make rig the game and as well as the casino that has sponsored him. I don't see the point that they'll rig it just for the attention but surely this could really be happening or even happened even before. And I agree that we don't care anymore if the guy that was sponsored will use it on that casino or just take the money or whatever he'll do because it was him that has a deal with the casino and not us.

Maybe that person who promotes the casino will get another bonus from the casino to play on the casino so that the promoters can have fun with the additional money. It is up to the promoters to spend all of the money to gamble or just use small money to gamble. But if the promoters want to give their followers a lesson, they will always remind them not to use too big money to gamble. The promoters need to be neutral between the casino and their followers, so the promoters can still give a review for the casino.

[panjul07]

I do not really care about streamers who promote casinos with sponsor money as it is just a marketing strategy from the casino and the streamers do it for money obviously.
I have to say that I like to watch such gambling streaming but it wont affect my gambling activity.
I like to watch people win big although what I watch is not using real money.
All in all, we as gambler should not be attracted to play on the casino just because it is promoted by streamers but we have our own responsibility to do our own research about the casino.

[KTChampions]

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.

Yes, if you make an account personally they can just let you withdraw, play and deposit normally but do selective scams. Only way to avoid this is by promoting well known and already reputed casinos so that you don't have to worry about the trustworthiness.

By the way, this topic of selective scams is becoming very relevant (not only for casinos but also for exchanges) and these scams are carried out under the guise of a struggle for legality. I think many have come across or at least heard about this: a casino or an exchange easily allows you to make a deposit, but when you want to make a withdrawal of funds, requirements (often unrealizable) begin to be made about providing a source of earnings, passing the KYC and so on.

[fiulpro]

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
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

The first case is a very weird concept if you cannot use this money then what do you intend to do with it ? This would be extremely silly. I do not think that the first one has any value anywhere. It would be more like you got a paid game for free.

When we are talking about the second option it's much more convenient though the balance is much less. You can claim your rewards but it won't be of much value now.

I personally believe that we can add one more section here :
Casinos asking players to make videos on their particular casino and at the same time paying the deserving candidates this one works way better at the same time when casinos organize some competitions that is indeed much better for the people around who are struggling . Therefore I do believe we can add a little more in this.

[blockman]

We fail to consider that if anything, we're not really that much affected since even them got the same odds than us, except of course if they have rigged it to make it seem like it's easy to win.

That's very dishonest of the guy if they'll make rig the game and as well as the casino that has sponsored him. I don't see the point that they'll rig it just for the attention but surely this could really be happening or even happened even before. And I agree that we don't care anymore if the guy that was sponsored will use it on that casino or just take the money or whatever he'll do because it was him that has a deal with the casino and not us.

Maybe that person who promotes the casino will get another bonus from the casino to play on the casino so that the promoters can have fun with the additional money. It is up to the promoters to spend all of the money to gamble or just use small money to gamble. But if the promoters want to give their followers a lesson, they will always remind them not to use too big money to gamble. The promoters need to be neutral between the casino and their followers, so the promoters can still give a review for the casino.

Likely and maybe. As far as our concern, it doesn't really matter anymore what they'll do with the bonus or whatever that shall be given to them.
It's only about them and how huge the market is already that they get to hire or have a deal with people that have a huge following in the internet or social media platforms.

[blockman]

If we talk about the market, it will still be huge and it can attract many people to come to the gambling sites as they can online from anywhere they want. If the casino sees that hiring someone who has a huge follower in social media can give them a chance to reach more people to become their member, they will still do that and search for the promoters that can help them. Well, I am sure the casino gets benefits from that as the promoters can get the additional money from the casino.

They won't hire someone who does have a low following. It's a protocol to most of these advertisers like in this niche that they should hire someone who has a large following.
It's a throw and waste of money if they will sponsor someone who only has a less following. They don't want to do that.

[Silberman]

If I have a good channel with viewers I will accept sponsor money as long as the sponsor has a good reputation and no bad feedback, this has been the industry practice for a long time, commercialism is always been part of content creation, you see it on TV, in the newspaper and now in the internet and those with good channel.

Some streamers, mostly those You-tubers doesn't care much about the legitimacy of the casino before accepting the offer of sponsor money, this has been my worries that accepting these fake sponsor money will be endangering the likes of the players. What we saw today on Newspapers and on the Internets are fake contents promoting shit-projects through the name of celebrities which can enter into deal without considering the interests of their followers. 'Commercialism ' is good when everything about it is good and legit.

And this is what at the end makes those sponsored reviews useless, we know that even if there are reviews out there that are legitimate there are also many people which produce content and reviews without taking into account the legitimacy of the casino itself, which means that at the end you are forced to do your due diligence anyway, and this brings the question why bother watching a sponsored review when you still have to make sure that the casino is legitimate and it is not going to scam you?

[electronicash]

If I have a good channel with viewers I will accept sponsor money as long as the sponsor has a good reputation and no bad feedback, this has been the industry practice for a long time, commercialism is always been part of content creation, you see it on TV, in the newspaper and now in the internet and those with good channel.

Some streamers, mostly those You-tubers doesn't care much about the legitimacy of the casino before accepting the offer of sponsor money, this has been my worries that accepting these fake sponsor money will be endangering the likes of the players. What we saw today on Newspapers and on the Internets are fake contents promoting shit-projects through the name of celebrities which can enter into deal without considering the interests of their followers. 'Commercialism ' is good when everything about it is good and legit.

And this is what at the end makes those sponsored reviews useless, we know that even if there are reviews out there that are legitimate there are also many people which produce content and reviews without taking into account the legitimacy of the casino itself, which means that at the end you are forced to do your due diligence anyway, and this brings the question why bother watching a sponsored review when you still have to make sure that the casino is legitimate and it is not going to scam you?

that's still the question there as it won't affect the streamers reputation if the casino is revealed as a scam after all he was sponsored and just did what was told. this is just like what Cointelegraph is doing, publishing sponsored articles which they yet have no idea whether there is truth to it or not. but they are actually giving cautions when they say it's a sponsored article.

[johhnyUA]

Right now, I'm want to hear everyone's opinion about sponsor money.

What do you things for some streamer who playing using sponsor money? did you feel that was not good or you have another opinion. IMO, I don't mind with some sponsor money as long the streamer admitted on the video he using sponsor money and not just say that was his own money when the reality the money came from sponsor money or even the worst scenario playing using demo money.

And of course, the casino that sponsors the money came from a reputable casino. I believe in bicointalk some casino even reputable casino was also offering this sponsor for some YouTuber or streamer.

I kinda feel got some entertainment from this even they playing with some sponsor money, as long the money sponsor not really a ridiculous amount.

I'm not sure about how it's going with reputable casino, but shady casinos often propose such "promotion". Needless to say that this is "fake" money, and streamer not using real money to bet. This is like 80 % of all "sponsorship" in gambling.

But in term of reputable casinos and gambling platforms (like pokerstars) i don't see any problem with sponsorship. I'm looking how my streamer playing and it's not important for me that he playing for his own money or casino paying him. 

[Silberman]

And this is what at the end makes those sponsored reviews useless, we know that even if there are reviews out there that are legitimate there are also many people which produce content and reviews without taking into account the legitimacy of the casino itself, which means that at the end you are forced to do your due diligence anyway, and this brings the question why bother watching a sponsored review when you still have to make sure that the casino is legitimate and it is not going to scam you?

that's still the question there as it won't affect the streamers reputation if the casino is revealed as a scam after all he was sponsored and just did what was told. this is just like what Cointelegraph is doing, publishing sponsored articles which they yet have no idea whether there is truth to it or not. but they are actually giving cautions when they say it's a sponsored article.

It depends, if a person ends up begin scammed because of the sponsored content that he watched I can bet that person is not going to be that happy and even if you think the person creating the content cannot be accused of anything as he did not knew what was going on this is still going to affect his reputation as most likely people will see his new reviews with reservations, which is why I have always thought that reviews whether they are sponsored or not need to be honest in order to not deceive unintentionally those that could try a new casino after watching a review.