It takes years to build a reputation and seconds to break it

[Slow death]

this has been a great trick performed by many scammers, i'm talking about the trick of making selective payouts.

for example:

if a scammers wants to run a casino he will create a thread here on the forum, will pay advertising, after he has many regular customers and newer customers every day or constantly he will start making selective payments, even if some injured people post complaining here on the forum and the scammers get negative feedback anyway the scammers will have new customers every day or constantly, so receiving negative feedback here on the forum will not be of much relevance to the scammers

[barbara44]

People are wiser now and they know the true to a fake one, those fake reviews can not stand here in Bitcontalk, they can do that on other platform but not here in Bitcointalk, reading reviews coming here in Bitcointalk are worth it because they are independent reviews and it's an open discussion to see the truthfulness of those reviews.

Indeed that's the beauty of the forum, no matter how reputed or big the company is, if they have any disputes against their players, the player is free to open an accusation report against them with all the details and most often if the player's report is right and didn't make any mistake, the reputed members of the forum will tag the owner or representative of the casino which is a good red flag for players who might want to play at the site.

People still stupid enough, lol (but they think otherwise, yes). And they often easily manipulated, so there is no big deal to fool them. For that reason reviews is bought ins other places and sometimes even here (but here is problem that reputable users doesn't make paid reviews and review from Newbie looks enough suspicious)

Right and some blogs can take money and give false ratings to scam sites like 1xbit and others but here at the forum, trusted members won't take the money and leave incorrect feedbacks.

The forum's reputation of a site is a good reflection of its operating history and their honesty.

[Desmong]

Exit scamming strategy is exist in every field, so when a company earned lot of reputation and made enough money for their future then they can scam people by closing their business but in real world its not possible since we know the company owners so the laws of our country will punish them.

Anyway a company with good reputation may not do this since they already on the top of the list so they can keep making money ebery year and also their company will grow bigger.

A lot of companies I've had about running away with customers funds even without government been able to sanction them with obvious evidents. Most companies are not even building on genuine reputation this days cause money can still settle this aspect since a lot of people always want to confirm the reputation of a company before purchasing their products.
Running positive reviews like on Facebook, YouTube, Telegram etc are still means of getting a good reputation which are mostly sponsored to companies or owners of the products and services.

[mindrust]

...

Yes, and that's why it is much more probable that we can be scammed by a small and unestablished company than by a large and reputable one. We should be very cautious with newly appeared  gambling sites, especially if they are never running expensive(for them) promos, sig campaigns etc. It means they are not planning to establish themselves as a long running business, which in turn means that there is a high probability of exit scam.

running expensive marketing but that gambling site ends up being a scam is a stupid move I think...

Joining a new gambling site has a big enough risk, but many are run honestly by a professional team. if a new site appears but only does marketing with talk then ignore it because it will most likely end in a scam, usually they attract users with big welcome bonuses or other unreasonable promos.

You should tell this to 1xbit.   Because they are exactly doing what you are saying.

There are many scam accusations against that casino and yet they keep promoting their business aggressively on every platform possible. Common logic dictates that they should spend their resources on solving the ongoing issues with the players but here they are, doing the exact opposite.

[fiulpro]

For a business to build a reputation, it takes a lot of money and time to be invested to achieve this through marketing, brand awareness and all other activities.

But my question is why would they risk all they have invested to a few players by scamming them? I for one know the forum will side with the player that have been allegedly being scammed in most cases but how do casino's/bookies  protect themselves if not terms and conditions?

If people buy reviews to paint a picture of a good standing business,  what would stop the competition from buying people to tarnish a competitors reputation to have an advantage in the business?

Well I do think that a good established businesses would not be suddenly scamming people out of their money since all of these things does not happen suddenly. They might get few unfair reviews but that's something which is usually resolved . But at the end of the day businesses loose money drastically and it's when they starts causing probelms for not one or two players, but many. When you talk about them scamming only 1-2 players I think most of the time it's the fault of the miscommunication and the team. Sometimes they might use VPN which is not allowed etc.. some minor issues.
When you see that a business have started scamming people, get out of it. Entirely. It's when you know they have gone bankrupt. When we talk about 1xbit I think we have far better options therefore don't even go there.

[nelson4lov]

this has been a great trick performed by many scammers, i'm talking about the trick of making selective payouts.

for example:

if a scammers wants to run a casino he will create a thread here on the forum, will pay advertising, after he has many regular customers and newer customers every day or constantly he will start making selective payments, even if some injured people post complaining here on the forum and the scammers get negative feedback anyway the scammers will have new customers every day or constantly, so receiving negative feedback here on the forum will not be of much relevance to the scammers

These scammers get smarter with every passing day. With selective payments to their customers, there would be mixed reviews for their gambling site which ensures that new customers keeps coming to play considering not everyone is saying they're a scam. It just reminds me of the ponzi schemes in 2017 - 2018. They did stuff like this and caught many people in their scam trap. But when they saw that people got to know their tricks, they scammed all together. It's important that we see these patterns early so we don't fall prey to these guys. They take calculated risks by investing to get more people on board.

[dunfida]

this has been a great trick performed by many scammers, i'm talking about the trick of making selective payouts.

for example:

if a scammers wants to run a casino he will create a thread here on the forum, will pay advertising, after he has many regular customers and newer customers every day or constantly he will start making selective payments, even if some injured people post complaining here on the forum and the scammers get negative feedback anyway the scammers will have new customers every day or constantly, so receiving negative feedback here on the forum will not be of much relevance to the scammers

These scammers get smarter with every passing day. With selective payments to their customers, there would be mixed reviews for their gambling site which ensures that new customers keeps coming to play considering not everyone is saying they're a scam. It just reminds me of the ponzi schemes in 2017 - 2018. They did stuff like this and caught many people in their scam trap. But when they saw that people got to know their tricks, they scammed all together. It's important that we see these patterns early so we don't fall prey to these guys. They take calculated risks by investing to get more people on board.

These things do really exist but once a certain user does have real time experience and shared up their situation then thats what really counts because the community would really be aware

on how this site do operate which do end up on being scam.Its really hard to recognize on first point since it new but there are people whom do really love to test waters.

Their feedback surely counts because it would really make us aware.For those who are serious in business then they wont really be wasting up their reputation on just scamming out users.
Gambling is a long term business once you do succeed then it would be a fortune into its owners soon.

[mv1986]

this has been a great trick performed by many scammers, i'm talking about the trick of making selective payouts.

for example:

if a scammers wants to run a casino he will create a thread here on the forum, will pay advertising, after he has many regular customers and newer customers every day or constantly he will start making selective payments, even if some injured people post complaining here on the forum and the scammers get negative feedback anyway the scammers will have new customers every day or constantly, so receiving negative feedback here on the forum will not be of much relevance to the scammers

These scammers get smarter with every passing day. With selective payments to their customers, there would be mixed reviews for their gambling site which ensures that new customers keeps coming to play considering not everyone is saying they're a scam. It just reminds me of the ponzi schemes in 2017 - 2018. They did stuff like this and caught many people in their scam trap. But when they saw that people got to know their tricks, they scammed all together. It's important that we see these patterns early so we don't fall prey to these guys. They take calculated risks by investing to get more people on board.

Well described but then why go with a new casino that has no reputation? There isa good number of established ones. I know what you mean and they build their casinos and everything looks professional. It would be important to at least ensure that there are no fake reviews. Hence use websites where fake reviews are extremely difficult. I for my part stick with established ones that look back on a rather longer history. Yet, it could happen if a new casino has allegedly attractive new markets. I don't know, start low level with less money, cash out on a frequent basis and limit of getting busted.

Even on the stock market you can lose it all by a scamming company. Unbelievable if you take the case Theranos. There are ways to protect yourself. As someone said somewhere else make sure they at least do have an established license! And if they also have a very high positive ratio with a large number of reviews, it usually should be fine. There will always be this one exceptional case though.

[TimeTeller]

this has been a great trick performed by many scammers, i'm talking about the trick of making selective payouts.

for example:

if a scammers wants to run a casino he will create a thread here on the forum, will pay advertising, after he has many regular customers and newer customers every day or constantly he will start making selective payments, even if some injured people post complaining here on the forum and the scammers get negative feedback anyway the scammers will have new customers every day or constantly, so receiving negative feedback here on the forum will not be of much relevance to the scammers

These scammers get smarter with every passing day. With selective payments to their customers, there would be mixed reviews for their gambling site which ensures that new customers keeps coming to play considering not everyone is saying they're a scam. It just reminds me of the ponzi schemes in 2017 - 2018. They did stuff like this and caught many people in their scam trap. But when they saw that people got to know their tricks, they scammed all together. It's important that we see these patterns early so we don't fall prey to these guys. They take calculated risks by investing to get more people on board.

Well described but then why go with a new casino that has no reputation? There isa good number of established ones. I know what you mean and they build their casinos and everything looks professional. It would be important to at least ensure that there are no fake reviews. Hence use websites where fake reviews are extremely difficult. I for my part stick with established ones that look back on a rather longer history. Yet, it could happen if a new casino has allegedly attractive new markets. I don't know, start low level with less money, cash out on a frequent basis and limit of getting busted.

Even on the stock market you can lose it all by a scamming company. Unbelievable if you take the case Theranos. There are ways to protect yourself. As someone said somewhere else make sure they at least do have an established license! And if they also have a very high positive ratio with a large number of reviews, it usually should be fine. There will always be this one exceptional case though.

This is why if you have good amount of money to play with, just use it on the reputable sites known to this forum.
Because in case the site froze your account or you can't withdraw, some people here can help you with your problem.
Especially if you have done nothing wrong to flag down your account. Sites won't ruin their reputation from one unresolved issue.
That is, if you stick to reputable sites in the forum. But for new ones, try using small amount of money.

[nelson4lov]

~Snipped

~Snipped

Well described but then why go with a new casino that has no reputation? There isa good number of established ones. I know what you mean and they build their casinos and everything looks professional. It would be important to at least ensure that there are no fake reviews. Hence use websites where fake reviews are extremely difficult. I for my part stick with established ones that look back on a rather longer history. Yet, it could happen if a new casino has allegedly attractive new markets. I don't know, start low level with less money, cash out on a frequent basis and limit of getting busted.

Even on the stock market you can lose it all by a scamming company. Unbelievable if you take the case Theranos. There are ways to protect yourself. As someone said somewhere else make sure they at least do have an established license! And if they also have a very high positive ratio with a large number of reviews, it usually should be fine. There will always be this one exceptional case though.

You made a valuable point about sticking to gambling sites that have been around for a long time and known for their reputation. But I want to ask what if it's a new gambling site that means well for their customers but can't get people to trust them enough to deposit money and play at their books and casinos? These scammers are making it difficult for new legit gambling platforms to have a shot at launching and get a name for themselves. About the issue of license, it's like a week since that was discussed here on the forum and everyone came to the conclusion that gambling licenses have little to no guarantee. Scammers can just invest in a license and then use it to scam people.

[mv1986]

~Snipped

~Snipped

Well described but then why go with a new casino that has no reputation? There isa good number of established ones. I know what you mean and they build their casinos and everything looks professional. It would be important to at least ensure that there are no fake reviews. Hence use websites where fake reviews are extremely difficult. I for my part stick with established ones that look back on a rather longer history. Yet, it could happen if a new casino has allegedly attractive new markets. I don't know, start low level with less money, cash out on a frequent basis and limit of getting busted.

Even on the stock market you can lose it all by a scamming company. Unbelievable if you take the case Theranos. There are ways to protect yourself. As someone said somewhere else make sure they at least do have an established license! And if they also have a very high positive ratio with a large number of reviews, it usually should be fine. There will always be this one exceptional case though.

You made a valuable point about sticking to gambling sites that have been around for a long time and known for their reputation. But I want to ask what if it's a new gambling site that means well for their customers but can't get people to trust them enough to deposit money and play at their books and casinos? These scammers are making it difficult for new legit gambling platforms to have a shot at launching and get a name for themselves. About the issue of license, it's like a week since that was discussed here on the forum and everyone came to the conclusion that gambling licenses have little to no guarantee. Scammers can just invest in a license and then use it to scam people.

That is what you call "adverse selection problem". The bad drive the good out of the market because they destroy trust with their actions. You have that in the employment environment for example. Or in any market you can think of and it is a problem that could never fully be erased. It is an interesting concept that exactly explains the issue you are raising. You can just google it and read up on it, it is worth the read.

Regarding the licenses, yes, it is true but at least makes the situation a few % points more likely that they are not the worst scammers on planet earth. But generally speaking it's true, that is no guarantee you don't get scammed.

All these ICOs back then in 17/18 had their businesses in the Cayman Islands and what not. You couldn't just get a hold of them even if you who they were. They hide address of their hometowns, use nicknames on the internet and fake their Linkedin accounts. Knowing where the company is legally registered doesn't help you if it's Cayman Islands or anything like that.

That's the risk we all had to live with when those ICOs took place. Anyway, let's hope we won't got phished by scammers anytime soon, hopefully never again, but that seems unrealistic.

[ethereumhunter]

This is why if you have good amount of money to play with, just use it on the reputable sites known to this forum.
Because in case the site froze your account or you can't withdraw, some people here can help you with your problem.
Especially if you have done nothing wrong to flag down your account. Sites won't ruin their reputation from one unresolved issue.
That is, if you stick to reputable sites in the forum. But for new ones, try using small amount of money.

This forum has so many reputable gambling sites that we do not have to worry if they will scam us because they build their reputation over the years and serve their members best. Every problem that the members have will be solved by them, but we need to be patient because they have many members and need to investigate every issue carefully. But no matter what reputable gambling sites we played, we can not protect our money if we do not control ourselves. And if you still worry about playing gambling on those sites, you can use little money.

[bittraffic]

This is why if you have good amount of money to play with, just use it on the reputable sites known to this forum.
Because in case the site froze your account or you can't withdraw, some people here can help you with your problem.
Especially if you have done nothing wrong to flag down your account. Sites won't ruin their reputation from one unresolved issue.
That is, if you stick to reputable sites in the forum. But for new ones, try using small amount of money.

This forum has so many reputable gambling sites that we do not have to worry if they will scam us because they build their reputation over the years and serve their members best. Every problem that the members have will be solved by them, but we need to be patient because they have many members and need to investigate every issue carefully. But no matter what reputable gambling sites we played, we can not protect our money if we do not control ourselves. And if you still worry about playing gambling on those sites, you can use little money.

Controlling ourselves is actually the best solution for this. Heard some users actually blame some casinos when they tried to exclude themselves using the casino's exclusion program.

The reputation of the casino could still be affected no matter what because not all the people on the internet read the details of the gambler's protest. Most of them are just reading the thread title and judge by what is posted without looking if there is proof.
 

[bitterguy28]

Controlling ourselves is actually the best solution for this. Heard some users actually blame some casinos when they tried to exclude themselves using the casino's exclusion program.

The reputation of the casino could still be affected no matter what because not all the people on the internet read the details of the gambler's protest. Most of them are just reading the thread title and judge by what is posted without looking if there is proof.
 

If there accusations against casinos they should always be with proof. I have read quite a few claims on the forum here that say their balance just disappeared, without showing any screenshot or balance statement. When reading these threads it feels a bit like they are just angry at the casino for losing their money when gambling. If a casino is not acting properly and maybe even scam some customers out of money we all need to know it and avoid the casino for the future. But just because we were unlucky we shouldn't try and sabotage the reputation of a casino.

wait mate , balance disappeared or being Freeze ? those are different thing because there are only few that i read that vanishing and cannot even be supported but the banning or frozen ? this are the situation gamblers are facing and the scamming starts from the site because they can just clearly say the account violated their Toss and if you seek for proofs , then they will hide from their Company Privacy rights.

[ethereumhunter]

This is why if you have good amount of money to play with, just use it on the reputable sites known to this forum.
Because in case the site froze your account or you can't withdraw, some people here can help you with your problem.
Especially if you have done nothing wrong to flag down your account. Sites won't ruin their reputation from one unresolved issue.
That is, if you stick to reputable sites in the forum. But for new ones, try using small amount of money.

This forum has so many reputable gambling sites that we do not have to worry if they will scam us because they build their reputation over the years and serve their members best. Every problem that the members have will be solved by them, but we need to be patient because they have many members and need to investigate every issue carefully. But no matter what reputable gambling sites we played, we can not protect our money if we do not control ourselves. And if you still worry about playing gambling on those sites, you can use little money.

Controlling ourselves is actually the best solution for this. Heard some users actually blame some casinos when they tried to exclude themselves using the casino's exclusion program.

The reputation of the casino could still be affected no matter what because not all the people on the internet read the details of the gambler's protest. Most of them are just reading the thread title and judge by what is posted without looking if there is proof.

If they can control themselves before they play gambling, I think they can prevent losing their money. Besides that, if they do not make a mistake and the losing is pure because of playing gambling, the casino will not react because that will be their own mistake.

Yes, it is related to the casino reputation, but if the casino can investigate and do not find anything suspicious, I think the casino will not lose its reputation.

[South Park]

It's always easier to destroy than to build. It's the same everywhere. You can image how a man would take months and sometimes years of work and input it in building a house or perhaps acquire the house through taking a mortgage loan and using months of deduction with profit to pat it up and suddenly, could lose it within the twinkle of an eye. Either to an insubordinate child that sells the whole thing off as we have it in Africa often, natural disaster consumes it or its lost to some conflict.

Same happens to the trust built in either a company or amongst business associates. Worst of it is what happens in the crypto space where we remain  anonymous to each other and our trust is all we can hope on in doing transactions. Luckily for us, we've got escrow for which we can confer upon some degree of trust but then, anything can happen and to that fact, our wallet becomes  the closest thing to safety for our coins. In essence, you can't go all in on trust it could be destroyed either willingly at a targeted value or unwilling by some misplaced elements like scammers and unworthy employees.

And the worst part is that in the example that you are giving you can still rebuild the house with enough time and effort but when it comes to your reputation this is not possible, once your reputation has being tainted there is not going back, you cannot start over, your reputation is going to follow you everywhere you go and this means that no player that is smart enough to make their due diligence before they gamble is going to choose a casino with such a bad reputation.

[dimonstration]

And the worst part is that in the example that you are giving you can still rebuild the house with enough time and effort but when it comes to your reputation this is not possible, once your reputation has being tainted there is not going back, you cannot start over, your reputation is going to follow you everywhere you go and this means that no player that is smart enough to make their due diligence before they gamble is going to choose a casino with such a bad reputation.
[/quote]
People will always remember the bad things in you but not the good ones, once trust been broken its already hard to recover it. It will marks your name already if tagged scam. Due to competition of having many casinos people can easily get rid of those who already bad reputation and replace it with new ones pr old casinos that don't have red marks yet. So if a casino already build their name, they must maintain it.

[boyptc]

The reputation of the casino could still be affected no matter what because not all the people on the internet read the details of the gambler's protest. Most of them are just reading the thread title and judge by what is posted without looking if there is proof.

That is happening.

But regardless of what they see, if there's already some negative comments. They have to verify it first and check the legitimacy of the casino they are wanting to play.

That should always be the initiative that they need to do.

[TheGreatPython]

If there accusations against casinos they should always be with proof. I have read quite a few claims on the forum here that say their balance just disappeared, without showing any screenshot or balance statement. When reading these threads it feels a bit like they are just angry at the casino for losing their money when gambling. If a casino is not acting properly and maybe even scam some customers out of money we all need to know it and avoid the casino for the future. But just because we were unlucky we shouldn't try and sabotage the reputation of a casino.

That's really important and I often times search on google scam with the casino name and these fake complaints show up. For example, we all know sportsbet.io is legit as it can be but if you google sportsbet.io scam you will find a lot of threads linking to bitcointalk which might confuse a new player if he doesn't know how to differentiate between a real accusation and a fake one.

There are players who will lose money and try to bad mouth the casino/sportsbook to get their money back which doesn't work but does bring some bad reputation and may cost the site a few potential players because of these fake reports.

There are more and more fake reports for some reason now as compared to a few years back, maybe some competitor is paying these guys to create FUD against reputed sites.

[justdimin]

This forum has so many reputable gambling sites that we do not have to worry if they will scam us because they build their reputation over the years and serve their members best. Every problem that the members have will be solved by them, but we need to be patient because they have many members and need to investigate every issue carefully. But no matter what reputable gambling sites we played, we can not protect our money if we do not control ourselves. And if you still worry about playing gambling on those sites, you can use little money.

Even reputed sites can cheat but I agree that most of the well-established ones are least likely to scam given their revenue and their brand. I have played at almost all the casinos that have a thread here at bitcointalk and I haven't been scammed by any casino. It might be just that I am lucky or maybe casinos don't see any value in scamming a small player like me. Whales must be the target even for scam casinos so the best way to avoid being cheated by a casino is to play small maybe.

No casino used to perform KYC when I first came to crypto gambling but now every site emphasizes more on KYC or at least wants you to enter your details even if you don't want to verify your ID yet. I miss the old primedice days when one could just enter a username, make an account and start playing without the fear of being asked for documents if they win big. I haven't played at PD since a while so unsure if they ask documents but I miss those days.