boyptc
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May 03, 2022, 10:37:05 PM |
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Yeah.
And that's why there's a need to reinvent strategies if there's ever a decline in the users count and activity within a casino. Well, these casinos know how to keep it up and deal with it.
Getting back those customers that have shipped to another one is one of the hardest. If there's a request and demand for a new game, they have to give it to them.
Yep, it's really hard to keep old users and get new ones. It may be easier to get new users than to keep old users because old users already know what is in the gambling business so they want to get something else. And that's why gambling business owners need to think about how to keep their old users in their gambling business while promoting to get new users. Sometimes, giving bonuses to keep long-standing users can provide a solution, especially if the bonus is given at the right time. So the casino can retain old users while trying to attract more old users. That's why we're seeing casinos that have daily or weekly or monthly promos. It is part of their plan to retain most of the users that they have. And you can see that with the casinos that are part of the forum, they're able to maintain their status with their existing users. At the same time, they're getting more new users because they're making their promos exciting and also the marketing.
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delfastTions
Legendary
Offline
Activity: 2926
Merit: 1568
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May 04, 2022, 07:19:28 AM |
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There is one nuance here. When a casino works stably and has a constant flow of players' clients, chains of financial flows are built into such a casino. To pay employees, to advertise, to rent servers or buy them, to rent a room, finally to prizes and pay winnings to lucky players, and so on. So in this complex system, there may well be a critical failure that can lead to the collapse of the entire system. And then the bankruptcy of the casino is inevitable. And in advance, users can not know in any way when this can happen. So, in principle, there is always some chance for a client to get into trouble even from a large successful casino.
The only chance to save money in gambling - not to gamble Your words are true for everything in the life. In any situation something wrong can happen that you can`t suppose. It has a special word for it - force majeure. Of course, for any enterprise and business there is the concept of force majeure. But I'm not talking about force majeure, because this is the impact of external factors. We are talking about mistakes in making managerial decisions. This is not force majeure. In addition, why did I recall such episodes of the development of negative events. The fact is that the sphere of online casino itself, as economists say, is a sphere with very elastic supply and demand. Therefore, the probability of sudden bankruptcy is an order of magnitude higher than, for example, that of a metallurgical plant. This is typical for the IT sector in general. But it is especially true for casinos. It can be usually with new casinos. And it is possible situation for big, famous casinos only when make some big changes: rebrand, improve KYC, change rules, change servers or datacenter, etc. And if for new casinos this is an ordinary situation, possible to call it management or development mistake, for big casino i think we can call it force majeure. And of course some plant that works for years and years can`t become bankrupt suddenly - this is a long time process. I agree that the probability of such as you say "force majeure" for large and globally known crypto-casinos is certainly less than for new, newly opened casinos. But it still exists. It is also interesting how many players refuse to play in large well-known casinos when KYC verification is required from them. And earlier, when a player was registered, for example, until 2016, this was not required of him. I think about 20-30% of all players who are faced with such a situation refuse the services of such a casino?
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traderethereum
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May 04, 2022, 03:45:01 PM |
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That's why we're seeing casinos that have daily or weekly or monthly promos.
It is part of their plan to retain most of the users that they have. And you can see that with the casinos that are part of the forum, they're able to maintain their status with their existing users.
At the same time, they're getting more new users because they're making their promos exciting and also the marketing.
Yes, that's true and they will always try to make sure the number of their users can grow every day because they have carried out various promotions that can attract the interest of their users. The promos they make can hit the target because gamblers are always looking for casinos that can provide comfort when playing gambling. And in the technological era like today, where internet connections are increasingly easy to access, it makes every casino has to be creative in thinking about the right strategies and promotions to do.
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Haunebu
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May 04, 2022, 04:14:19 PM |
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The promos they make can hit the target because gamblers are always looking for casinos that can provide comfort when playing gambling.
They don't always hit the target though. If that were truly the case, every crypto gambling site would be in the profit zone which makes zero sense. The sites that come up with unique ideas to keep their gamblers hooked on a regular basis are the ones that stay in the profit zone while the ones that rinse and repeat the same stuff end up in losses due to their customers losing interest.
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Doan9269
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May 04, 2022, 05:50:17 PM |
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The promos they make can hit the target because gamblers are always looking for casinos that can provide comfort when playing gambling.
They don't always hit the target though. If that were truly the case, every crypto gambling site would be in the profit zone which makes zero sense. The sites that come up with unique ideas to keep their gamblers hooked on a regular basis are the ones that stay in the profit zone while the ones that rinse and repeat the same stuff end up in losses due to their customers losing interest. I think both of you can be quite right to an extent, as i consider some of hidden agenda of most of the casinos is to gain traffic on their sites which can pretty looks good for a return on profit realization as the click on each site has it own generating pay per click to the operators of casinos, they have built a system whereby it has cost them alot and they also get their return even though little on any click on their website, they make effective use of the bloggers and not until you play or make a loose before they tend to make profits from individual gamblers
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mak013
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May 05, 2022, 11:24:34 AM |
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It is also interesting how many players refuse to play in large well-known casinos when KYC verification is required from them. And earlier, when a player was registered, for example, until 2016, this was not required of him. I think about 20-30% of all players who are faced with such a situation refuse the services of such a casino?
Nowadays KYC means nothing. Everyone of us leaves hundreds of the traces everyday - social media, credit card purchases, street cams photos, etc. If someone serious need to find your money - he can do it without KYC. I think that the most of us have not so big volumes of cryptocurrencies to control us. Casinos without KYC just gives a deceptive sense of security. So i think players refuse to play, wait a bit and return back. The most part of them.
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Haunebu
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May 05, 2022, 03:09:59 PM |
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Nowadays KYC means nothing. Everyone of us leaves hundreds of the traces everyday - social media, credit card purchases, street cams photos, etc. If someone serious need to find your money - he can do it without KYC. I think that the most of us have not so big volumes of cryptocurrencies to control us. Casinos without KYC just gives a deceptive sense of security. So i think players refuse to play, wait a bit and return back. The most part of them.
Nonsense. If KYC meant nothing, why do you think there are so many people opposing it in the first place? Think. Most crypto scams these days are primarily related to KYC. Personally, I have been playing in several reputed crypto gambling sites from the last couple of years without providing my KYC and their security was top notch. Most anti KYC players won't return. Also, trying to establish a link between our individual cryptocurrency volumes and KYC makes zero sense.
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Peanutswar
Legendary
Online
Activity: 1750
Merit: 1344
Wheel of Whales 🐳
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May 05, 2022, 05:00:34 PM |
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I don't think there's any challenge for the existing ones.
If there's a challenge, then it's for the new casinos on how they're going to attract the customers, every customer including the loyal customers that have been with those existing casinos for a long time.
That's the biggest challenge that they shall do especially if they've been on those casinos for years already.
We probably won't see the challenge because we are users and not owners. But in every business, there will be challenges and competition from fellow business owners. Attracting new customers to the business is the job of every casino, be it a new casino or an old one and it is one of the challenges that every casino has to face. From a businessman's perspective, you'll see the challenge because every beginning is always a challenging part. I've been there as a business owner although it's not a casino I know it's the same for the new casino operators and owners since it's also a business. Aside from getting new customers or players, the next challenging part is on how to maintain the loyalty of each of them. We know how very hard to make a run with the gambling casino and other business it consist a lot of things needed to make sure the flow and makes an organize thing also it's give all of the hard work and effort too. One of the biggest strategy of the business is have the loyalty of the members which is by doing different perks and new event for them to let them stay. Also once the business or organisation build their reputation they don't need to worry too much instead it's enough having a good services to their customers.
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mak013
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May 05, 2022, 08:49:10 PM |
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Nonsense. If KYC meant nothing, why do you think there are so many people opposing it in the first place? Think. Most crypto scams these days are primarily related to KYC.
Nonsense. Most crypto scams never asked KYC. People always opposing something. But try to think without this opposing people. I wrote why it costs nothing. Personally, I have been playing in several reputed crypto gambling sites from the last couple of years without providing my KYC and their security was top notch. Most anti KYC players won't return.
It is possible. And i played in casinos with KYC with top security level. And 2 or 3 casinos requested KYC when i had been registered. Nothing changed for me. Also, trying to establish a link between our individual cryptocurrency volumes and KYC makes zero sense.
You`re mistaken. This is not a link for KYC. This is a link between anyone`s (include me of course) cryptocurrencies volumes and interest from some serious to him. When your volume is about $1-5-10-(may be 100)k - no one interest in you. If your volume greater some limit - it becomes interesting to take away it.
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Fatunad
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May 05, 2022, 11:32:53 PM |
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I don't think there's any challenge for the existing ones.
If there's a challenge, then it's for the new casinos on how they're going to attract the customers, every customer including the loyal customers that have been with those existing casinos for a long time.
That's the biggest challenge that they shall do especially if they've been on those casinos for years already.
We probably won't see the challenge because we are users and not owners. But in every business, there will be challenges and competition from fellow business owners. Attracting new customers to the business is the job of every casino, be it a new casino or an old one and it is one of the challenges that every casino has to face. From a businessman's perspective, you'll see the challenge because every beginning is always a challenging part. I've been there as a business owner although it's not a casino I know it's the same for the new casino operators and owners since it's also a business. Aside from getting new customers or players, the next challenging part is on how to maintain the loyalty of each of them. We know how very hard to make a run with the gambling casino and other business it consist a lot of things needed to make sure the flow and makes an organize thing also it's give all of the hard work and effort too. One of the biggest strategy of the business is have the loyalty of the members which is by doing different perks and new event for them to let them stay. Also once the business or organisation build their reputation they don't need to worry too much instead it's enough having a good services to their customers. But if they would really be having the chance then they would really be minding on giving something new into their players which might add up even more interest into its old players and of course to newer ones which would really be adding up the userbase which would really be beneficial for them for long term and this is what they wanted on the first place.Doesnt matter if they do give out new game or to those old games.What matter most here is on how they would be retaining those players to stay on the site without having any problems in towards their service.
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wxa7115
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May 09, 2022, 05:50:56 PM |
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Yeah.
And that's why there's a need to reinvent strategies if there's ever a decline in the users count and activity within a casino. Well, these casinos know how to keep it up and deal with it.
Getting back those customers that have shipped to another one is one of the hardest. If there's a request and demand for a new game, they have to give it to them.
Yep, it's really hard to keep old users and get new ones. It may be easier to get new users than to keep old users because old users already know what is in the gambling business so they want to get something else. And that's why gambling business owners need to think about how to keep their old users in their gambling business while promoting to get new users. Sometimes, giving bonuses to keep long-standing users can provide a solution, especially if the bonus is given at the right time. So the casino can retain old users while trying to attract more old users. That's why we're seeing casinos that have daily or weekly or monthly promos. It is part of their plan to retain most of the users that they have. And you can see that with the casinos that are part of the forum, they're able to maintain their status with their existing users. At the same time, they're getting more new users because they're making their promos exciting and also the marketing. Casino owners know they are part of one of the most competitive industries in this market, the moment they stop giving bonuses and cater to their customers that is the moment they will begin to lose their popularity and be replaced by another casino. It is known that it is way more difficult to gain a new customer than to retain an old one, so while casinos do their best to get new clients a great deal of their promotions and bonuses are given to those that have been with the casino for a long time, so other casinos do not steal them from them.
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Eureka_07
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May 09, 2022, 06:15:22 PM |
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<snip>Casino owners know they are part of one of the most competitive industries in this market, the moment they stop giving bonuses and cater to their customers that is the moment they will begin to lose their popularity and be replaced by another casino.
It is known that it is way more difficult to gain a new customer than to retain an old one, so while casinos do their best to get new clients a great deal of their promotions and bonuses are given to those that have been with the casino for a long time, so other casinos do not steal them from them.
Well casino/sports bonuses really attracts a lot of people. But if the bonus is free, what it will attract are those abusers and those aren't really playing for a long time (may be don't have any motive to deposit and play at all) they're just their to abuse and collect free money. Furthermore, it hardly attracts real and loyal customers. Personally I would like to not to look at the bonus offers of a casino. It will be better if they will surely give better services compared to other existing casino. Like less bugs, issues, cancellation of bets, and of course less hassle in withdrawal.
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delfastTions
Legendary
Offline
Activity: 2926
Merit: 1568
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May 11, 2022, 07:45:31 AM |
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It is also interesting how many players refuse to play in large well-known casinos when KYC verification is required from them. And earlier, when a player was registered, for example, until 2016, this was not required of him. I think about 20-30% of all players who are faced with such a situation refuse the services of such a casino?
Nowadays KYC means nothing. Everyone of us leaves hundreds of the traces everyday - social media, credit card purchases, street cams photos, etc. If someone serious need to find your money - he can do it without KYC. I think that the most of us have not so big volumes of cryptocurrencies to control us. Casinos without KYC just gives a deceptive sense of security. So i think players refuse to play, wait a bit and return back. The most part of them. Of course, what you say is true. Constant personal control during all operations and even surveillance by a video camera and on the street takes place. But not in all countries and not everywhere. Of course, if you live in San Francisco, then almost always under constant supervision. But this is not the case in underdeveloped countries. And there may well be reasons for players to remain anonymous and. There can be many reasons for this. From prohibitions at the state level to keeping personal secrets from your wife or from your boss at work. So all the same, KYC is an unnecessary and harmful procedure for a huge mass of the population.
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| Duelbits | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | TRY OUR UNIQUE GAMES! ◥ DICE ◥ MINES ◥ PLINKO ◥ DUEL POKER ◥ DICE DUELS | | | | █▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ KENONEW ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄█ | | 10,000x MULTIPLIER | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ |
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Reatim
Sr. Member
Offline
Activity: 3038
Merit: 383
Wheel of Whales 🐳
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May 11, 2022, 09:51:55 AM |
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From a businessman's perspective, you'll see the challenge because every beginning is always a challenging part.
I've been there as a business owner although it's not a casino I know it's the same for the new casino operators and owners since it's also a business.
Aside from getting new customers or players, the next challenging part is on how to maintain the loyalty of each of them.
That's what I mean. As a businessman, before we even run a new business, we have seen the challenges because previously, we would have surveyed to see what we will face and how to overcome them. As long as it is a business, there will be competition among business people and it will depend on how we can avoid and overcome it. How to keep customers to stay in our business is the only way after we can get them as our customers and it will depend on how we can serve them. Yeah. And that's why there's a need to reinvent strategies if there's ever a decline in the users count and activity within a casino. Well, these casinos know how to keep it up and deal with it. Getting back those customers that have shipped to another one is one of the hardest. If there's a request and demand for a new game, they have to give it to them. The gamblers around the world are not decreasing but the casino still needs to promote themselves in order to attract more customers and stand out in the competition. Running a casino is similar to running an business and you need to apply the same marketing skills to promote it. Indeed that gambler around the world are not decreasing but Casino houses and sites is increasing , so the competition is really tight nowadays and if the casino cannot offer new or unique , and prove their trust worthiness then they won't make to the top of the competition. but the main point here is they need to have plenty of capital so they can compete with big sites and show their quality of gambling and might gain reputation and increase their players now and then.
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Chato1977
Member
Offline
Activity: 1204
Merit: 58
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May 11, 2022, 10:58:28 AM |
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It is also interesting how many players refuse to play in large well-known casinos when KYC verification is required from them. And earlier, when a player was registered, for example, until 2016, this was not required of him. I think about 20-30% of all players who are faced with such a situation refuse the services of such a casino?
Nowadays KYC means nothing. Everyone of us leaves hundreds of the traces everyday - social media, credit card purchases, street cams photos, etc. If someone serious need to find your money - he can do it without KYC. I think that the most of us have not so big volumes of cryptocurrencies to control us. Casinos without KYC just gives a deceptive sense of security. So i think players refuse to play, wait a bit and return back. The most part of them. Yeah but still it is better to not ask or send KYC just for gambling site so at least this lessen the opportunity of being target or victims . and also why need to seek for KYC if the gamblers is playing here in crypto in which majority wanted to keep them private ,
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wxa7115
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May 15, 2022, 05:52:46 PM |
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It is also interesting how many players refuse to play in large well-known casinos when KYC verification is required from them. And earlier, when a player was registered, for example, until 2016, this was not required of him. I think about 20-30% of all players who are faced with such a situation refuse the services of such a casino?
Nowadays KYC means nothing. Everyone of us leaves hundreds of the traces everyday - social media, credit card purchases, street cams photos, etc. If someone serious need to find your money - he can do it without KYC. I think that the most of us have not so big volumes of cryptocurrencies to control us. Casinos without KYC just gives a deceptive sense of security. So i think players refuse to play, wait a bit and return back. The most part of them. Of course, what you say is true. Constant personal control during all operations and even surveillance by a video camera and on the street takes place. But not in all countries and not everywhere. Of course, if you live in San Francisco, then almost always under constant supervision. But this is not the case in underdeveloped countries. And there may well be reasons for players to remain anonymous and. There can be many reasons for this. From prohibitions at the state level to keeping personal secrets from your wife or from your boss at work. So all the same, KYC is an unnecessary and harmful procedure for a huge mass of the population. I think we all know that we are under levels of surveillance that just a few decades ago we could have thought to be completely impossible. But just because that is the case that does not mean that we need to give up and accept whatever we are told, that is one of the strong points of bitcoin, it allows you to create a wallet by simply installing a piece of software and it does not require any information out of you, so while I understand why some people may have a defeatist attitude when faced against such high level of surveillance that does not mean that we need to give up all of our personal information without a fight.
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delfastTions
Legendary
Offline
Activity: 2926
Merit: 1568
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May 18, 2022, 06:55:39 AM |
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As follows from all my statements about KYC, anyone will probably understand that I am opposed to the widespread use of this procedure. Firstly, it always takes our time and sometimes even a lot of time when waiting for some next confirmation. But there is another aspect: we are all constantly faced with the leakage of personal data and then their use. For example, you don’t even know that your personal data is already widely available on the Internet precisely because of data leaks from a particular casino and KYC. And you start getting contextual advertising. And finally, KYC contradicts the very nature of cryptocurrencies and, in general, the meaning of the invention of bitcoin and other altcoins. So KYC is an extremely harmful procedure.
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xSkylarx
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May 18, 2022, 07:01:09 AM |
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It is also interesting how many players refuse to play in large well-known casinos when KYC verification is required from them. And earlier, when a player was registered, for example, until 2016, this was not required of him. I think about 20-30% of all players who are faced with such a situation refuse the services of such a casino?
Nowadays KYC means nothing. Everyone of us leaves hundreds of the traces everyday - social media, credit card purchases, street cams photos, etc. If someone serious need to find your money - he can do it without KYC. I think that the most of us have not so big volumes of cryptocurrencies to control us. Casinos without KYC just gives a deceptive sense of security. So i think players refuse to play, wait a bit and return back. The most part of them. Yeah but still it is better to not ask or send KYC just for gambling site so at least this lessen the opportunity of being target or victims . and also why need to seek for KYC if the gamblers is playing here in crypto in which majority wanted to keep them private , You have a point, but most of the casinos right now require this and I think only a few people that want to be anonymous online. As you can see, most of the social media already have our data and also our privacy already ignored. Now what really the problem with KYC is that if our identity was sold to other people and they did something not good, but if the casino is already reputable, then I think it is still okay with it as long as they hold it and don't leak it to others.
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maydna
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May 18, 2022, 09:34:18 AM |
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Yeah but still it is better to not ask or send KYC just for gambling site so at least this lessen the opportunity of being target or victims .
and also why need to seek for KYC if the gamblers is playing here in crypto in which majority wanted to keep them private ,
Yes, that's called prevention from being the target of scamming or fraud. But casinos will always ask for KYC from their users, especially those who use large balances to play gambling, because casinos also want to prevent illegal things that can happen in their place. But as long as we can keep ourselves from spending too much money, I don't think the casinos will ask us for KYC, and they won't check our accounts either.
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wxa7115
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May 20, 2022, 06:05:38 PM |
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As follows from all my statements about KYC, anyone will probably understand that I am opposed to the widespread use of this procedure. Firstly, it always takes our time and sometimes even a lot of time when waiting for some next confirmation. But there is another aspect: we are all constantly faced with the leakage of personal data and then their use. For example, you don’t even know that your personal data is already widely available on the Internet precisely because of data leaks from a particular casino and KYC. And you start getting contextual advertising. And finally, KYC contradicts the very nature of cryptocurrencies and, in general, the meaning of the invention of bitcoin and other altcoins. So KYC is an extremely harmful procedure.
Personally I can understand KYC taking place at centralized exchanges, I do not like it but I can get it, due to its nature that attracts wealthy individuals and with each one of them trying to obtain profits from other investors, but gambling at its core is nothing more but a form of entertainment in which you pay some money to enjoy it, which is not too different from watching a movie. Can you imagine having to go through KYC every single time you wanted to watch a movie at the movie theater or at home? The popularity of movies will drop like a rock if that happened, and yet we may be forced to do this while we gamble.
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