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Author Topic: It takes years to build a reputation and seconds to break it  (Read 3334 times)
ethereumhunter
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July 19, 2021, 12:19:30 PM
 #221

Have you ever taken a look at https://www.btcgosu.com? This site compares online casinos, regularly posts bonus promotions and investigates scam accusations against casinos and warns users about them if they actually turn out to be true. I personally like to use it, especially when I want to try a new casino and am about to deposit BTC. So you do not have to follow umpteen threads here in the forum but get important information immediately at a glance.
I knew about that site and I visit that site occasionally. Yes, that site can recommend a gambler who wants to search the gambling sites that fit him. We need to collect as much info to know the right gambling site to prevent scamming. With following the thread from here, I think it can help us know if the sites represent active, giving an update to the members or not too often giving the update or not very active to check their thread.

Just go around gambling section and reputation/scam accusations section will help you find a legit and good one.
also service section is the place where advertising is come and promoting site in the open.

with those help you can evaluate which site is legit and safe to play.
Yes, that suggestion will help gamblers know which site is having trouble and still trying to solve the problem and which site does not want to solve the problem. Once we found the site that we want, we can play gambling without worry.

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July 19, 2021, 06:47:29 PM
 #222

Reputation can be viewed from different angles, on the one hand, those gambling sites that are well known and have a track of their success and reputation will avoid any action that will tarnish their good image and they operate within their terms of service this kind of platform have they loyal players who can testify the legitimacy and professionalism. On another hand are the set of new gambling platforms trying to put their feet on the ground and build a reputation for themselves this set faces many challenges that can ruin their reputation.
That's why it's better to deposit in casinos that already built their name and reputation since they have name to take care with. The risk of having fault or flaws is minimal unlike in new casinos. But it's still good to try new casino for new experience just make sure not to put too much money in it or just put sufficient budget good for a minimal time only for gaming experience.

ADVERTISE YOUR CASINO HERE! ACTIVE GAMBLER!
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July 19, 2021, 06:58:04 PM
 #223

Reputation can be viewed from different angles, on the one hand, those gambling sites that are well known and have a track of their success and reputation will avoid any action that will tarnish their good image and they operate within their terms of service this kind of platform have they loyal players who can testify the legitimacy and professionalism. On another hand are the set of new gambling platforms trying to put their feet on the ground and build a reputation for themselves this set faces many challenges that can ruin their reputation.
That's why it's better to deposit in casinos that already built their name and reputation since they have name to take care with. The risk of having fault or flaws is minimal unlike in new casinos. But it's still good to try new casino for new experience just make sure not to put too much money in it or just put sufficient budget good for a minimal time only for gaming experience.
Yeah,its always been recommended but lets do make out some chance for new gambling sites to be tested on because those reputable sites are ones new sites too

which there are people who do test out for themselves and prove them out  to be good and legit and as years goes then they are already gaining their trust and reputation.

Yes, these things can be broken out with issues would arise and even it gets resolved then its unavoidable that bad impressions would be there.

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July 20, 2021, 06:03:30 AM
 #224

I knew about that site and I visit that site occasionally. Yes, that site can recommend a gambler who wants to search the gambling sites that fit him. We need to collect as much info to know the right gambling site to prevent scamming.
-snip-
Very good! Because I think only through such independent sites it will be possible at all that people can inform themselves about (new and existing) casinos at all sensibly and decide whether they want to create an account or not - especially when more and more casinos now require (have to require) KYC

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July 20, 2021, 09:46:21 AM
 #225

Reputation can be viewed from different angles, on the one hand, those gambling sites that are well known and have a track of their success and reputation will avoid any action that will tarnish their good image and they operate within their terms of service this kind of platform have they loyal players who can testify the legitimacy and professionalism. On another hand are the set of new gambling platforms trying to put their feet on the ground and build a reputation for themselves this set faces many challenges that can ruin their reputation.
That's why it's better to deposit in casinos that already built their name and reputation since they have name to take care with. The risk of having fault or flaws is minimal unlike in new casinos. But it's still good to try new casino for new experience just make sure not to put too much money in it or just put sufficient budget good for a minimal time only for gaming experience.

I also feel more secured in depositing in known and famous casino sites because there's an assurance that they wouldn't scam you or cause you any hassle since they're handling their reputations well and they wouldn't do anything that would break the trust of their users. As for me, it would be better to look for trusted sites than the new ones.
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July 20, 2021, 01:12:54 PM
 #226

Reputation can be viewed from different angles, on the one hand, those gambling sites that are well known and have a track of their success and reputation will avoid any action that will tarnish their good image and they operate within their terms of service this kind of platform have they loyal players who can testify the legitimacy and professionalism. On another hand are the set of new gambling platforms trying to put their feet on the ground and build a reputation for themselves this set faces many challenges that can ruin their reputation.
That's why it's better to deposit in casinos that already built their name and reputation since they have name to take care with. The risk of having fault or flaws is minimal unlike in new casinos. But it's still good to try new casino for new experience just make sure not to put too much money in it or just put sufficient budget good for a minimal time only for gaming experience.

I also feel more secured in depositing in known and famous casino sites because there's an assurance that they wouldn't scam you or cause you any hassle since they're handling their reputations well and they wouldn't do anything that would break the trust of their users. As for me, it would be better to look for trusted sites than the new ones.

Not only that, but casinos that has a good reputation will put you at ease, you could sleep at night not worrying about your money getting lost. Also, well trusted casinos gives you a lot of perks, my favorite is if they are giving a 24/7 customer service just in case there is a problem that is going to be encounter by a player, because you don't want to play in a casino in where you'll count sheep before you could be assisted to fix your problem.

A well trusted casino turning out to be a scam in the end is like 1 out of 1,000,000 chances.
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July 20, 2021, 01:27:44 PM
 #227

Reputation can be viewed from different angles, on the one hand, those gambling sites that are well known and have a track of their success and reputation will avoid any action that will tarnish their good image and they operate within their terms of service this kind of platform have they loyal players who can testify the legitimacy and professionalism. On another hand are the set of new gambling platforms trying to put their feet on the ground and build a reputation for themselves this set faces many challenges that can ruin their reputation.
That's why it's better to deposit in casinos that already built their name and reputation since they have name to take care with. The risk of having fault or flaws is minimal unlike in new casinos. But it's still good to try new casino for new experience just make sure not to put too much money in it or just put sufficient budget good for a minimal time only for gaming experience.

I also feel more secured in depositing in known and famous casino sites because there's an assurance that they wouldn't scam you or cause you any hassle since they're handling their reputations well and they wouldn't do anything that would break the trust of their users. As for me, it would be better to look for trusted sites than the new ones.
Wrong mate, Assurance cannot be found anywhere because no matter how Old and legit the site in time there are chances that they become scam like others site that starts good but over the time becomes scamming.
But at least in Old and popular gambling site there are more security than those newly created.
And also why need to find new casino when you already have those old site that you use to play or even your friends that introduced you to those sites.

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July 20, 2021, 02:08:22 PM
 #228

The idea of regulation can be market based also, it doesn't just have to mean centralized authorities clearing through legal courts with lawyers and giant expenses to any case.  I'd suggest for crypto that its far more likely to be a market economy type of regulation where its unlikely to be beneficial in breaking a good reputation, that would be part of why this forum is useful in that it gives a voice to otherwise singular players but collectively the customers have some say as to the reputation of any operation.
~

Quite often, when googling about a crypto gambling site reputation I see some posts from bitcontalk in the top results. Unfortunately, this is far from being the case all the time. But really, where else we can find so many crypto gamblers gathered in one place? Also, people here value their reputation on this forum, so they are trying to provide honest information. I wish more people knew how useful this forum can be.
This is good news, I never tried because when I search for information regarding the reputation of a casino I do it directly here in the forum and if I find out the casino does not have an ANN thread here then I do not bother with them anymore as the most important casinos have their threads here meaning that a casino with no ANN thread is simply not big enough or it is trying to avoid this forum actively which is never a good news.

You are doing it right, mate! Smiley It's just I have this habit of googling things even when I know exactly where to look for the right answer. I can say that Google AI has been improving with years big time, and that's why I hope that in the nearest future we are going to see more and more links to bitcoiontalk in the top search results. Regular gamblers will benefit from that because nowhere else the reputation of crypto gambling sites is covered so fully.

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July 20, 2021, 02:08:41 PM
 #229

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?

I think there are two different reasons why this can happen. Firstly, the business was established for the sole purpose of disappearing sooner or later with the users' funds. If that was my intention as a company founder, I would do it the way you described. I would try to create a well-functioning, visually appealing online casino and then, as soon as I have a large number of users on my platform and a correspondingly large amount of capital on the wallets, I would pull off the scam.
The second reason is that the casino itself is totally legit but you were a victim of an criminal employee of that casino who somehow managed to steal your funds. In that case the casino should compensate you.
Of course there is also the possibility that the accusations are just faked by a competitor business.

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July 20, 2021, 05:13:35 PM
 #230

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?

I think there are two different reasons why this can happen. Firstly, the business was established for the sole purpose of disappearing sooner or later with the users' funds. If that was my intention as a company founder, I would do it the way you described. I would try to create a well-functioning, visually appealing online casino and then, as soon as I have a large number of users on my platform and a correspondingly large amount of capital on the wallets, I would pull off the scam.
The second reason is that the casino itself is totally legit but you were a victim of an criminal employee of that casino who somehow managed to steal your funds. In that case the casino should compensate you.
Of course there is also the possibility that the accusations are just faked by a competitor business.



I guess there is a third category of fraud here: if you set up an awesome, as you say visually appealing online casino with good intentions and it starts growing, it's also possible that you belong to those who out of a sudden can't resist their inner temptation because they may not before having been confronted with managing larger amounts of money or possessing larger amounts of money. I ask myself how often that has been the case especially in the crypto sphere where someone started out with good intentions and then thought: well, I'd rather take it and run off.

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July 21, 2021, 07:17:44 PM
 #231

This is good news, I never tried because when I search for information regarding the reputation of a casino I do it directly here in the forum and if I find out the casino does not have an ANN thread here then I do not bother with them anymore as the most important casinos have their threads here meaning that a casino with no ANN thread is simply not big enough or it is trying to avoid this forum actively which is never a good news.
It have become a standard.

For someone who's in the forum, if there's no official ann thread that's being found on the gambling section. It's what you and probably the others are doing.

It's not a bad basis and standard because you get to see people posting on their ann threads if there's a common problem or they've got a trust issues from the community that have gambled on their casino.
And that is a great thing as this stops a great deal of scams happening, but unfortunately there is a great deal of bitcoin users that do not use this forum or do not even know that it exists and this is a problem because instead they rely on the information they see on social media and we know that there are many accounts there that are paid to promote a casino, and while there is nothing wrong with that we know that there are many accounts that are promoting casinos that scam their customers, and since people do not know this they keep falling into the same scam which they could have avoided if they just consulted this forum.
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July 21, 2021, 08:02:29 PM
 #232

And that is a great thing as this stops a great deal of scams happening, but unfortunately there is a great deal of bitcoin users that do not use this forum or do not even know that it exists and this is a problem because instead they rely on the information they see on social media and we know that there are many accounts there that are paid to promote a casino, and while there is nothing wrong with that we know that there are many accounts that are promoting casinos that scam their customers, and since people do not know this they keep falling into the same scam which they could have avoided if they just consulted this forum.

It's obvious that if a Pyramid scheme company or altered name "Cloud Mining" pays a good chunk of money then there are going to be people that will promote that scam because of the money they're getting out of it.

It doesn't take them more than 2-3 months before they disappear and come back with another Similar website, I remember there was this website DubaiTrade, the owner of that website scammed me and came back with another site and asked me to invest into that saying "You should, while it lasts"  Grin
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July 21, 2021, 08:47:21 PM
 #233

And that is a great thing as this stops a great deal of scams happening, but unfortunately there is a great deal of bitcoin users that do not use this forum or do not even know that it exists and this is a problem because instead they rely on the information they see on social media and we know that there are many accounts there that are paid to promote a casino, and while there is nothing wrong with that we know that there are many accounts that are promoting casinos that scam their customers, and since people do not know this they keep falling into the same scam which they could have avoided if they just consulted this forum.

It's obvious that if a Pyramid scheme company or altered name "Cloud Mining" pays a good chunk of money then there are going to be people that will promote that scam because of the money they're getting out of it.

It doesn't take them more than 2-3 months before they disappear and come back with another Similar website, I remember there was this website DubaiTrade, the owner of that website scammed me and came back with another site and asked me to invest into that saying "You should, while it lasts"  Grin
At least they are making hints.  Cheesy

When you are already experienced then spotting out these scams would really be easy for you to determine that you are already facing with a scam.

When it comes to reputation and trying to protect it then most business owners would definitely be trying out to sustain as long as possible.They do know that they could benefit out

on longer run and its true that this is something which can really be easily be broken if one would really be making out those shady acts.

R


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Kelvinid
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July 21, 2021, 09:11:01 PM
 #234

And that is a great thing as this stops a great deal of scams happening, but unfortunately there is a great deal of bitcoin users that do not use this forum or do not even know that it exists and this is a problem because instead they rely on the information they see on social media and we know that there are many accounts there that are paid to promote a casino, and while there is nothing wrong with that we know that there are many accounts that are promoting casinos that scam their customers, and since people do not know this they keep falling into the same scam which they could have avoided if they just consulted this forum.

It's obvious that if a Pyramid scheme company or altered name "Cloud Mining" pays a good chunk of money then there are going to be people that will promote that scam because of the money they're getting out of it.

It doesn't take them more than 2-3 months before they disappear and come back with another Similar website, I remember there was this website DubaiTrade, the owner of that website scammed me and came back with another site and asked me to invest into that saying "You should, while it lasts"  Grin
At least they are making hints.  Cheesy

When you are already experienced then spotting out these scams would really be easy for you to determine that you are already facing with a scam.

When it comes to reputation and trying to protect it then most business owners would definitely be trying out to sustain as long as possible.They do know that they could benefit out

on longer run and its true that this is something which can really be easily be broken if one would really be making out those shady acts.

We are not perfect, even with lots of effort making research on a certain project or investment, sometimes we still fail. What's important here is we learn from our mistakes as that would lead us to success and we will become more mature in dealing with future investments.

It's still not late for us to learn, as long as we the basic things which are to invest what you can afford only and knows how to diversify the risk, then we should have enough money to put to another investment opportunity.
Smartvirus
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July 21, 2021, 09:25:44 PM
 #235

We are not perfect, even with lots of effort making research on a certain project or investment, sometimes we still fail. What's important here is we learn from our mistakes as that would lead us to success and we will become more mature in dealing with future investments.

It's still not late for us to learn, as long as we the basic things which are to invest what you can afford only and knows how to diversify the risk, then we should have enough money to put to another investment opportunity.
Back in the days when I was still an elementary school kid, my teacher always made us to understand that, the brain was the largest room on earth. We kept wondering how is that, something so small and its just up there but yet, it's said to be the largest room. Anyway, we later got to understand that it was a room that house knowledge and as such, it can never be filled. You might ask yourself why is that?
It's simply because, there is only so much you can learn and we learn everyday. From the number of things that happens to us, one can only hope to learn a thing or two that would help in another event. Not learning is not an option and making it an option is you opening your arms to failure.

So, in your learning, you learn  risk management and appropriation of funds too. It safeguards your investment.

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Botnake
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July 21, 2021, 09:46:56 PM
 #236

And that is a great thing as this stops a great deal of scams happening, but unfortunately there is a great deal of bitcoin users that do not use this forum or do not even know that it exists and this is a problem because instead they rely on the information they see on social media and we know that there are many accounts there that are paid to promote a casino, and while there is nothing wrong with that we know that there are many accounts that are promoting casinos that scam their customers, and since people do not know this they keep falling into the same scam which they could have avoided if they just consulted this forum.

It's obvious that if a Pyramid scheme company or altered name "Cloud Mining" pays a good chunk of money then there are going to be people that will promote that scam because of the money they're getting out of it.

It doesn't take them more than 2-3 months before they disappear and come back with another Similar website, I remember there was this website DubaiTrade, the owner of that website scammed me and came back with another site and asked me to invest into that saying "You should, while it lasts"  Grin

I think we can exempt in the discussion those investments that is an obvious scam, OP was telling about years of building a reputation so it's a legit business that has ruin their reputation in the long run. Ponzi schemes such as cloud mining won't last long, you'll be lucky if they'll last a month.

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Rruchi man
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July 22, 2021, 10:35:18 AM
 #237

First off, I truly believe that reputation is subjective because there are lots of factors to consider. However, to prevent exit scams, it is really important that the casino that you choose should be properly regulated and registered and not just because they offer all the games you enjoy.

Also, as you already know casinos will always entice a new user with sign up bonuses. Before you decide to sign up and claim your bonus, read meticulously the TOR (terms of reference) to ensure that you are okay with how you must use it. It is crucial that every casino have a multiple media ( Email, Telephone, Twitter, Instagram, WeChat etc) that enable users reach out their customer service and that they should be available 24/7.

Lastly, any casino that doesn’t have options to set deposit limit is definitely after profit more than reputation as they are not encouraging users to gamble responsibly.

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KTChampions
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July 22, 2021, 10:53:14 AM
 #238

First off, I truly believe that reputation is subjective because there are lots of factors to consider. However, to prevent exit scams, it is really important that the casino that you choose should be properly regulated and registered and not just because they offer all the games you enjoy.
~

This will not save you from scammers in any way. If the management decides to cheat the players, it will do it, but different tricks will be applied than if it were a casino without regulation. For example, a "hack" will be made when all funds of the casino and players are "stolen". This has already happened with many exchanges, this is a common algorithm.

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BuNga_cute
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July 22, 2021, 11:04:36 AM
 #239

We are not perfect, even with lots of effort making research on a certain project or investment, sometimes we still fail. What's important here is we learn from our mistakes as that would lead us to success and we will become more mature in dealing with future investments.

It's still not late for us to learn, as long as we the basic things which are to invest what you can afford only and knows how to diversify the risk, then we should have enough money to put to another investment opportunity.
Back in the days when I was still an elementary school kid, my teacher always made us to understand that, the brain was the largest room on earth. We kept wondering how is that, something so small and its just up there but yet, it's said to be the largest room. Anyway, we later got to understand that it was a room that house knowledge and as such, it can never be filled. You might ask yourself why is that?
It's simply because, there is only so much you can learn and we learn everyday. From the number of things that happens to us, one can only hope to learn a thing or two that would help in another event. Not learning is not an option and making it an option is you opening your arms to failure.

So, in your learning, you learn  risk management and appropriation of funds too. It safeguards your investment.

We as humans must continue to learn, so that our brains can be filled with various knowledge, which may be useful for our lives. People who
are lazy to learn something, will have difficulty running life, even the chance of experiencing failure is much greater. So never stop learning,
so that the opportunities for success are wide open. People who have studied risk management and fund allocation, there is still the possibility of
failure when investing. Moreover, people who do not study at all and immediately jump into investing, failure is inevitable.

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michellee
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July 22, 2021, 12:32:45 PM
 #240

We are not perfect, even with lots of effort making research on a certain project or investment, sometimes we still fail. What's important here is we learn from our mistakes as that would lead us to success and we will become more mature in dealing with future investments.

It's still not late for us to learn, as long as we the basic things which are to invest what you can afford only and knows how to diversify the risk, then we should have enough money to put to another investment opportunity.
As long as we can learn from the mistake, I am sure we will grow better and make sure not to make the same mistake. But we will have a chance to make another mistake as part of our lesson is better than before.

At least, if the casino makes a mistake, they will try to search for how to fix the mistake so they do not let their customer disappointed. With the casino's reputation, they will always maintain to be trusty and recommended by the gamblers so they can get more gamblers that will play gambling on their place.

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