How Gambling companies can get more users to deposit.

[Viscore]

The key import things in there were :
1. Choice
2. Experience
3. Privacy
4. Preference

These are important but you have missing couple of other parameters which are very very important for the sustainability of an online casino,

1. Trust
2. Promo offers on deposits

A lot of crypto gambling people takes these two parameters as paramount while choosing a new crypto casino for themselves. Trust is very impactful parameter among all others because scams are rampant and anything can happen in an online environment without any regulatory body.

Reliability is a very important factor when choosing where to gamble. Players would likely to keep gambling on reliable casinos where they have build their trust after playing there for a lot of times. Since they have trusted the casino already, then there's no reason to find another place only to gamble. Also, these promo offers on deposits are important too since it will drive the interest of the gamblers, and also make the casinos more alive and very enticing to play.

[harizen]

Reliability is a very important factor when choosing where to gamble. Players would likely to keep gambling on reliable casinos where they have build their trust after playing there for a lot of times. Since they have trusted the casino already, then there's no reason to find another place only to gamble. Also, these promo offers on deposits are important too since it will drive the interest of the gamblers, and also make the casinos more alive and very enticing to play.

Agree with. That's the start of the loyalty of the users on that site.

Regardless if there's a wonderful and big promotion at a new site, nothing beats the reputation that an old casino established throughout its operations.

Users will still play at these reputable ones over new ones, obviously because of the positive reviews that those old sites gather as they progress.

[ralle14]

Not every cryptocurrency gambling websites that offer instant withdrawal you can explain or testify for the one you know better because not all the one you know that is cryptocurrency gambling that do instant withdrawal immediately,, unless it's new one that is looking way forward of getting new costumers. Casino gambling have varieties and it functions due to the rules and regulations of the platform to maintain their reputation

He only mentioned the majority though and not all of the crypto casinos. I know there are still a few casinos that are cautious and delay withdrawal for security reasons but there are old casinos that still have instant withdrawal as well.

Also, these promo offers on deposits are important too since it will drive the interest of the gamblers, and also make the casinos more alive and very enticing to play.

Back then deposit promos were popular but now most casinos are starting to offer several contests, raffles, and other reward systems as a way to encourage every type of gambler.

[Oasisman]

Users will certainly prefer to play at casinos that support their favorite payment method. So the more payment methods the platform supports the more customers it will attract which means more deposits and more profit for them.
Besides, having a wide range of payment methods makes the service look more professional and care about their customers and their confort.

The same apply to crypto casinos. Many of them support too many coins even if some of them will rarely/never be used.

For crypto, usually the casino prefers those coins who have faster transaction speed coz that's what gamblers also wants.
Most gambler, or let's say most people in general wants faster transactions (deposit and withdrawal) so it really make sense for any online casinos to accept multiple coins to attract more players. Though not every coin that has faster transaction speed cost cheap like XRP, but different people do have different preferences.

[Silberman]

Users will certainly prefer to play at casinos that support their favorite payment method. So the more payment methods the platform supports the more customers it will attract which means more deposits and more profit for them.
Besides, having a wide range of payment methods makes the service look more professional and care about their customers and their confort.

The same apply to crypto casinos. Many of them support too many coins even if some of them will rarely/never be used.

For crypto, usually the casino prefers those coins who have faster transaction speed coz that's what gamblers also wants.
Most gambler, or let's say most people in general wants faster transactions (deposit and withdrawal) so it really make sense for any online casinos to accept multiple coins to attract more players. Though not every coin that has faster transaction speed cost cheap like XRP, but different people do have different preferences.

Without a doubt how fast and cheap a transaction can be is a great factor when it comes to the coins gamblers prefer to use when they gamble, but at the same time another great factor is how popular a coin is in general, this is why a lot of people prefer to use ethereum when they gamble even if we know that the transaction costs of the coin can be very high if at the time that you are gambling the network is busy, but since ethereum is the second most popular coin then casinos cannot really afford to not accept it.

[KTChampions]

Whales are a special topic and I think that everything is different there too, depending on what kind of whale it is. If this is an anonymous whale, then he may have difficulties with the KYC because there may be some problems (real or far-fetched) with the verification of his identity. If this is a public figure/celebrity, then he will not have any problems at all, because even if they try to deceive him, one word of his can destroy the reputation of the casino forever.

The community of gamblers has different personality backgrounds as certain groups strongly avoid casinos that require KYC verification for some reasons to maintain anonymous profiles, other groups have no problem with KYC verification for legitimate online casinos. I have no problem with KYC online casinos if the casino has an official license, so it will not violate policy because it is strictly monitored to operate according to government regulations.

Working in full compliance with government regulations seems to be more expensive than working without them (in my opinion this should be the case since in the first case the costs are higher). This leads to the fact that the casino offers worse conditions (greater house edge, worse odds, etc.) Plus the possibility that if you win a big win you will have to pay taxes. Does all this suit you?

[cabron]

Whales are a special topic and I think that everything is different there too, depending on what kind of whale it is. If this is an anonymous whale, then he may have difficulties with the KYC because there may be some problems (real or far-fetched) with the verification of his identity. If this is a public figure/celebrity, then he will not have any problems at all, because even if they try to deceive him, one word of his can destroy the reputation of the casino forever.

The community of gamblers has different personality backgrounds as certain groups strongly avoid casinos that require KYC verification for some reasons to maintain anonymous profiles, other groups have no problem with KYC verification for legitimate online casinos. I have no problem with KYC online casinos if the casino has an official license, so it will not violate policy because it is strictly monitored to operate according to government regulations.

Working in full compliance with government regulations seems to be more expensive than working without them (in my opinion this should be the case since in the first case the costs are higher). This leads to the fact that the casino offers worse conditions (greater house edge, worse odds, etc.) Plus the possibility that if you win a big win you will have to pay taxes. Does all this suit you?

It really just rest on his judgement. While many of us are not open to submitting a single document about ourselves to a casino, many are willing to. Especially when lies upon it is the withdrawal their winnings. Countless threads so far expressing their disappointment after finding they are at the mercy. If they are not sending KYC documents, nothing can be done be regretting why they deposit in the first place. Casino being a legitimate with license still will help lure users to deposit but this isn't what OP was talking about.

[Cookdata]

Whales are a special topic and I think that everything is different there too, depending on what kind of whale it is. If this is an anonymous whale, then he may have difficulties with the KYC because there may be some problems (real or far-fetched) with the verification of his identity. If this is a public figure/celebrity, then he will not have any problems at all, because even if they try to deceive him, one word of his can destroy the reputation of the casino forever.

The community of gamblers has different personality backgrounds as certain groups strongly avoid casinos that require KYC verification for some reasons to maintain anonymous profiles, other groups have no problem with KYC verification for legitimate online casinos. I have no problem with KYC online casinos if the casino has an official license, so it will not violate policy because it is strictly monitored to operate according to government regulations.

I think you missed the point of KTC, he is talking about whale, especially one that may be so influential that his words alone will satisfy their T&C and allow him to play without undergoing any Secondary identification, just the way Drake became a special VVIP player on Stake Casino and even with that, he has lost a couple of bets and still later partner with them, he officially announced it on his IG and that also brings in lots of more players to stake bet casino.

Just hope the company in charge of your KYC doesn't have a data bridge as often they use to say, if that happens eventually, there is nothing you can do when your ID gets leaked to the wrong hands. Personally, I dislike KYC not because they want it but because anything could happen to it if it falls in the wrong hands. An email and a password are enough for me to roll some dice.

[sana54210]

believe it or not - paypal does not work in our country.
There is so much difficulty in getting the payment from abroad - different countries -  different issues.

Yes, I believe that and it seems to be happening in many other countries. But gamblers who are addicted to gambling will not stop but will continue to look for other ways to deposit their money to play gambling. For crypto gamblers, it's clear they will continue to use crypto and I think many countries have allowed the use of crypto even though their government forbids gambling. But those people will still gamble because they already know how to gamble using crypto safely.

We have to be serious about this and realize that no matter what type of payment gateway we use, it’s not going to be understandably good because it’s going to be a trouble. Just realize that crypto is the most free one, not in the "cheap" sense of the way, it’s just a way of realizing that we can't make anything out of this.

Realize that crypto gives us freedom and that is why I have to use crypto, in my nation paypal is a big trouble and that means we can't do anything. Just realize that fiat will always be a trouble for me to use and that is why I am not expecting it to reach this level. Whereas crypto will not become anything other than the best deal.

[Tumanggor]

I prefer to use cryptocurrencies as a deposit method because it makes it much easier to withdraw money and I can also earn more when the price of cryptocurrency goes up a lot. using a bank account would be a big headache for me because the bank would be constantly making me wonder whenever money came into the account from the casino. But we also have to look at another big disadvantage that when the casino only accepts cryptocurrencies as a deposit it will hardly be able to find the owners of the casino if one day they disappear with all people's money, while if the casino accepts bank deposits then it will be easy to trace the owner of the casino if one day he runs off with people's money

I was once asked by CS bank when opening a new account, she said 'is this new account opened to play gambling', I immediately canceled my intention to open a new account at the bank

privacy is important and gambling sites that accept deposits and withdrawals via cryptocurrency are my priority right now, I will never make deposits or withdrawals related to banks because they are really annoying

[Theones]

I was once asked by CS bank when opening a new account, she said 'is this new account opened to play gambling', I immediately canceled my intention to open a new account at the bank

privacy is important and gambling sites that accept deposits and withdrawals via cryptocurrency are my priority right now, I will never make deposits or withdrawals related to banks because they are really annoying

YEs -you are right also bad luck comes uninvited - and most of the time
So I think one cannot count and predicts what is coming up next. Better we should pray that we stay away from ills and odds.

[crzy]

I was once asked by CS bank when opening a new account, she said 'is this new account opened to play gambling', I immediately canceled my intention to open a new account at the bank

privacy is important and gambling sites that accept deposits and withdrawals via cryptocurrency are my priority right now, I will never make deposits or withdrawals related to banks because they are really annoying

YEs -you are right also bad luck comes uninvited - and most of the time
So I think one cannot count and predicts what is coming up next. Better we should pray that we stay away from ills and odds.

Banks will not allow those gamblers to open their account easily, because its prone to frauds.
Luckily, we have the option now for online wallet and this is a big game changer since we can now easily transact online and withdraw money without thinking about the banks and the regulation. This is also my priority right now where I can experience both security and privacy. The casinos can attract gamblers by giving out more promotions and it seems more effective here.

[Naficopa]

Banks will not allow those gamblers to open their account easily, because its prone to frauds.
Luckily, we have the option now for online wallet and this is a big game changer since we can now easily transact online and withdraw money without thinking about the banks and the regulation. This is also my priority right now where I can experience both security and privacy. The casinos can attract gamblers by giving out more promotions and it seems more effective here.

there are many hard rules for the transitions and despite and  gambler have to pay a hefty money for all this.
In our country there are many issues regarding trasection and deposit. When I read where people mention that everything is very easy in their county I feel left behind.

[carlfebz2]

Users will certainly prefer to play at casinos that support their favorite payment method. So the more payment methods the platform supports the more customers it will attract which means more deposits and more profit for them.
Besides, having a wide range of payment methods makes the service look more professional and care about their customers and their confort.

The same apply to crypto casinos. Many of them support too many coins even if some of them will rarely/never be used.

For crypto, usually the casino prefers those coins who have faster transaction speed coz that's what gamblers also wants.
Most gambler, or let's say most people in general wants faster transactions (deposit and withdrawal) so it really make sense for any online casinos to accept multiple coins to attract more players. Though not every coin that has faster transaction speed cost cheap like XRP, but different people do have different preferences.

Majority of gamblers do really loves that fast pace transactions from deposit to withdrawal which is always been recommended or much preferred thats why companies should really be having that consideration on

offering all the probable ways which would really give out that accessibility and ease when it comes to than manner because if people do find out on how easy for them to make deposits/withdrawals then its one of
the aspect that they are looking for.

Of course here's the main priority which is that fairness that it should have.All things would be useless if people or the community would find out that your casino isnt fair or shit i would say.

[TimeTeller]

Banks will not allow those gamblers to open their account easily, because its prone to frauds.
Luckily, we have the option now for online wallet and this is a big game changer since we can now easily transact online and withdraw money without thinking about the banks and the regulation. This is also my priority right now where I can experience both security and privacy. The casinos can attract gamblers by giving out more promotions and it seems more effective here.

there are many hard rules for the transitions and despite and  gambler have to pay a hefty money for all this.
In our country there are many issues regarding trasection and deposit. When I read where people mention that everything is very easy in their county I feel left behind.

Maybe, for now, you can't do anything much about it but follow your government protocols.
In the next years to come, your government may change their stance towards the crypto market.
As they are seeing advanced countries accepting it wholeheartedly, they may think about their own stand.
So for now, you can accumulate some of the valuable coins, but need to secure where you are storing your funds.
Also, there are several casinos which are not restricting their players by their location, just take a look at their ToS first.

[Tumanggor]

~

~

Banks will not allow those gamblers to open their account easily, because its prone to frauds.
Luckily, we have the option now for online wallet and this is a big game changer since we can now easily transact online and withdraw money without thinking about the banks and the regulation. This is also my priority right now where I can experience both security and privacy. The casinos can attract gamblers by giving out more promotions and it seems more effective here.

not all gamblers open bank accounts to commit fraud, many also really want to try playing online gambling but are not familiar with crypto or are afraid to use crypto (due to lack of crypto education)

After all, personal questions that are often asked by the bank, really violate people's privacy (especially if the personal question is asked when the queue is long and crowded)

most online crypto casinos offer bonuses, convenience in wd/depo, and only require KYC LVL 1, and this is already very attractive compared to fiat-based online casinos

[Ebede]

Banks will not allow those gamblers to open their account easily, because its prone to frauds.
Luckily, we have the option now for online wallet and this is a big game changer since we can now easily transact online and withdraw money without thinking about the banks and the regulation. This is also my priority right now where I can experience both security and privacy. The casinos can attract gamblers by giving out more promotions and it seems more effective here.

there are many hard rules for the transitions and despite and  gambler have to pay a hefty money for all this.
In our country there are many issues regarding trasection and deposit. When I read where people mention that everything is very easy in their county I feel left behind.

Maybe, for now, you can't do anything much about it but follow your government protocols.
In the next years to come, your government may change their stance towards the crypto market.
As they are seeing advanced countries accepting it wholeheartedly, they may think about their own stand.
So for now, you can accumulate some of the valuable coins, but need to secure where you are storing your funds.
Also, there are several casinos which are not restricting their players by their location, just take a look at their ToS first.

In addition of what you said so far I will say that cryptocurrency will become a future currency and time coming because no country this time around that does not accept cryptocurrency or does not operate with greater currency even though it haven't been legalized to every country but in future time the cryptocurrency will be well known to every country. So they clause I want to put is that when investing in cryptocurrency try to invest to the one that they can all the talk we not to buy off because the more we go the more new coins are being introduced to the market so anyone that laugh Witcher will die off and then when investing ensure that your seed phrase is being secured to avoid anyone hacking your account or a wallet

[livingfree]

there are many hard rules for the transitions and despite and  gambler have to pay a hefty money for all this.
In our country there are many issues regarding trasection and deposit. When I read where people mention that everything is very easy in their county I feel left behind.

Well, jurisdiction is part of the rules and that's why if you find it hard to do transactions, withdrawals and deposits in your country. That's basically because of the rules of your government towards casinos and you can't blame them for that.

That's why there are online casinos where you can deposit cryptocurrencies and that's making things easier. You won't be a subject for KYC at the beginning until you are required to do so when you're hitting and winning big.

[Mahanton]

there are many hard rules for the transitions and despite and  gambler have to pay a hefty money for all this.
In our country there are many issues regarding trasection and deposit. When I read where people mention that everything is very easy in their county I feel left behind.

Well, jurisdiction is part of the rules and that's why if you find it hard to do transactions, withdrawals and deposits in your country. That's basically because of the rules of your government towards casinos and you can't blame them for that.

That's why there are online casinos where you can deposit cryptocurrencies and that's making things easier. You won't be a subject for KYC at the beginning until you are required to do so when you're hitting and winning big.

KYC verification is something  that cant really be completely be avoided but if you are just a small time gambler then i dont really see that you should be putting yourself on stress minding about this stuff.
Of course it would be understandable that any licensed or centralized platform/services would really be asking out kyc whenever it is really already dealing with big amounts.
Gambling companies would really be doing their best on giving the best service as much as possible as long they could really hook up players or new ones to play on the site which not only
talking about lots of payment options but also on the games that they are offering and on the bonuses and perks that they do give out.

[agustina2]

Gambling companies would really be doing their best on giving the best service as much as possible as long they could really hook up players or new ones to play on the site which not only talking about lots of payment options but also on the games that they are offering and on the bonuses and perks that they do give out.

That's a necessary thing to do that's why as much as possible, there should be lots of deposit methods available on that site so that users will have lots of preferences. Nowadays, convenience is a big thing and that should be given to all users as much as possible.

If I'm a gambler too, I don't like to play on a new site with only 1-2 options for a deposit.