How Gambling companies can get more users to deposit.

[lienfaye]

Which necessarily improved when the Gambling platforms had more withdrawal options, things Like: PayPal, Debit Card, Online Gambling, Cash app, Gift card etc. Having the freedom of having so many options improved the players willing to deposit money by almost 49%!!

Many options to deposit and withdraw are indeed advantage for the players. But as a crypto user I have not tried yet to use fiat when I gamble online. Plus its not the only factor that a player consider when they're making a deposit because the reputation, bonuses and promotions offered, kyc and minimum deposit/withdrawal are also important. There are casinos that has wagering requirement before you can withdraw and asking for kyc if you happen to win huge. Such scenarios are just some of the concern when a gambler decided to play on the particular casino. Its not all about the deposit options because the overall ratings and trust of the gamblers matters too.

[Theones]

Which necessarily improved when the Gambling platforms had more withdrawal options, things Like: PayPal, Debit Card, Online Gambling, Cash app, Gift card etc. Having the freedom of having so many options improved the players willing to deposit money by almost 49%!!

Many options to deposit and withdraw are indeed advantage for the players. But as a crypto user I have not tried yet to use fiat when I gamble online. Plus its not the only factor that a player consider when they're making a deposit because the reputation, bonuses and promotions offered, kyc and minimum deposit/withdrawal are also important. There are casinos that has wagering requirement before you can withdraw and asking for kyc if you happen to win huge. Such scenarios are just some of the concern when a gambler decided to play on the particular casino. Its not all about the deposit options because the overall ratings and trust of the gamblers matters too.

PayPal which you have mentioned - do you know that it does not work in our region.
And many application does not work in our region because gambling is banned and people find and alternative source for payment.

[Fredomago]

Verifying KYC didn't even take at least a week or even more. Sometime it can be a trick from the untrusted casino to refuse to pay the users that winning the game. If the casino didn't have enough money to pay and that's the only trick that being used by the casino to avoid to pay the users.

It doesn't make sense to get a delay. Basically verying it doesn't even take so many days or even weeks.

I consider that as a trick.

When a player gets a big win it makes sense for the casino to try to verify that everything is in order, however I agree that many casinos use this as an excuse to try to delay as much as possible the payment of that money because they are looking for an excuse so they do not have to pay the money in full, now sometimes they actually find something which allows them to rightfully deny part or all the profits, but once they realize everything is in order they should pay immediately the money they owe the player or risk their reputation by not doing so.

They are risking their business. If they are out there to do business better to make the assessment as quick as they can, the annoyed gambler will no longer use the platform if they suffer from that kind of delay. It's true that verifying KYC and reviewing the account should not take that long, and also true that gambling house uses this excuse to delay the payment.

but good business owners will not take that risk. They will resolve this asap to make sure that the gambler will trust them and to make
them to keep coming back. If they've got a good amount of capital, they will not allow any problem to happen. Sooner or later, the amount
will comeback, maybe not that quickly, but the house always got the advantage.

[seleme]

I saw those issues with casinos that are untrustworthy. They really create issues for their winners to blockade the actual winnings.

But in most casinos, it's becoming a certain requirement if the winning amount is huge. They have it on their terms and conditions and you can't do anything with that if you're in that situation.

You have no option but just to comply. Because you just signed up for them and that's written on the rules that they can ask you that out of nowhere.

Every customer has their concerns many people are adamant that they won't provide their KYC because they want their privacy.
On the other hand some people are open and they are very casual in dealing with KYC. Depends on the profile of the person too - they clearer the profile them more easy he will be in dealing.

Not all casinos require KYC to let users withdraw winnings unless the amount is really higher than average user can win. Some websites check user's account manually before processing withdrawal and ask for personal documents to verify account that must comply with Terms&Conditions. Steamers also don't mention this fact and what all do is to get more referrals that brings money flow for both parties. It is user's responsibility to check all conditions before making deposit on casino website.

[molsewid]

Not all casinos require KYC to let users withdraw winnings unless the amount is really higher than average user can win. Some websites check user's account manually before processing withdrawal and ask for personal documents to verify account that must comply with Terms&Conditions. Steamers also don't mention this fact and what all do is to get more referrals that brings money flow for both parties. It is user's responsibility to check all conditions before making deposit on casino website.

I agree, even now I only choose those casino website that will not require me to do some KYC, because it only gives me some doubt that my ID will be stolen or it will be sold to some person, maybe I am just overthinking about this but honestly, it is really the case that's why other casino are being played by many it is because of the kyc, bonuses, referral programs and maybe if it is recommended by some influencers. They need tm gain the trust of the people so they need to be unique to others.

[Fortify]

This post is based on the article published on the source: Source

The source explores how around 49% of the users would deposit more money based on better withdrawal options. Apparently, the survey conducted by US firms explored various areas that stands really important for people.

They explored a new idea where having a player, having a traffic doesn't necessarily mean that the site got a new player, they generally didn't account it for until and unless they have made a ' Deposit '

Which necessarily improved when the Gambling platforms had more withdrawal options, things Like: PayPal, Debit Card, Online Gambling, Cash app, Gift card etc. Having the freedom of having so many options improved the players willing to deposit money by almost 49%!!

This is certainly something that the Gambling companies do have to look into since this will go long way, thus changes needs to be made, What do you think, how important this option is for you?

I think in reality a lot of people are willing to sacrifice and even jettison privacy concerns if it gets them access to gambling sites offering the best range. We see people posting all sorts of nonsense and private information on public channels every day, so there are few barriers to it any more. You'll find a lot of Bitcoin or crypto based casinos have transitioned to accept all the payment providers that you listed, however with that comes an explicit requirement that they collect the correct know your customer documentation. This creates a bit of a paradox for many players, because converting fiat into crypto to play at a crypto casino just adds an extra unnecessary step with fees taking a chunk of the playing money too.

[Mahanton]

This post is based on the article published on the source: Source

The source explores how around 49% of the users would deposit more money based on better withdrawal options. Apparently, the survey conducted by US firms explored various areas that stands really important for people.

They explored a new idea where having a player, having a traffic doesn't necessarily mean that the site got a new player, they generally didn't account it for until and unless they have made a ' Deposit '

Which necessarily improved when the Gambling platforms had more withdrawal options, things Like: PayPal, Debit Card, Online Gambling, Cash app, Gift card etc. Having the freedom of having so many options improved the players willing to deposit money by almost 49%!!

This is certainly something that the Gambling companies do have to look into since this will go long way, thus changes needs to be made, What do you think, how important this option is for you?

I think in reality a lot of people are willing to sacrifice and even jettison privacy concerns if it gets them access to gambling sites offering the best range. We see people posting all sorts of nonsense and private information on public channels every day, so there are few barriers to it any more. You'll find a lot of Bitcoin or crypto based casinos have transitioned to accept all the payment providers that you listed, however with that comes an explicit requirement that they collect the correct know your customer documentation. This creates a bit of a paradox for many players, because converting fiat into crypto to play at a crypto casino just adds an extra unnecessary step with fees taking a chunk of the playing money too.

Majority of crypto people would really be minding up this way or does have ending up on that common impression which is really that something common which majority of us wont really be touching
those fiat based casinos who had just recently integrated crypto because it would really be just ending up on that similar set-up that you had mentioned in regards on KYC requirements or something
about verification which we dont really like in the first place. Companies or platforms who does have that anonymity features would be always recommended and always been preferred by most
crypto people.

[gagux123]

I believe that nowadays it is always good to make some kind of research in order to have some information about the users who use and or who can use a certain type of service.

With regard to this topic of gambling, I imagine the gambler having a wide forms of payment possibilities is an excellent artifice to use. Another interesting variable that can also be something important is the trust that the platform can offer users!!

[jossiel]

I saw those issues with casinos that are untrustworthy. They really create issues for their winners to blockade the actual winnings.

But in most casinos, it's becoming a certain requirement if the winning amount is huge. They have it on their terms and conditions and you can't do anything with that if you're in that situation.

You have no option but just to comply. Because you just signed up for them and that's written on the rules that they can ask you that out of nowhere.

Every customer has their concerns many people are adamant that they won't provide their KYC because they want their privacy.
On the other hand some people are open and they are very casual in dealing with KYC. Depends on the profile of the person too - they clearer the profile them more easy he will be in dealing.

It's the typical us that we don't want someone to conquer our privacy but you have to let down of that pride when your money is involved. You won't get it until you pass the requirements as they require you to comply for the KYC.

That's making us soft and we have no choice but to do it.

If you've got thousands of bucks left on that casino and you're being asked to do so, I think even a hundred, you don't want to slip that away and just ignore and go away without having it back.

[Silberman]

When it's about to such big wins, that's the true thing in some casinos. They would require the user almost everything and when it's provided, they'll still decline to release it on an instant because they'll need to check it first in every side that it's a genuine win.

That's how it goes before they release and allow the withdrawal and that's why it's taking a lot of days and sometimes very delayed that it's totally frustrating.

Verifying KYC didn't even take at least a week or even more. Sometime it can be a trick from the untrusted casino to refuse to pay the users that winning the game. If the casino didn't have enough money to pay and that's the only trick that being used by the casino to avoid to pay the users.

It doesn't make sense to get a delay. Basically verying it doesn't even take so many days or even weeks.

I consider that as a trick.

I saw those issues with casinos that are untrustworthy. They really create issues for their winners to blockade the actual winnings.

But in most casinos, it's becoming a certain requirement if the winning amount is huge. They have it on their terms and conditions and you can't do anything with that if you're in that situation.

You have no option but just to comply. Because you just signed up for them and that's written on the rules that they can ask you that out of nowhere.

It is true that now it is almost a given that if you get a big win at any casino then you will have to go through KYC, however this is not entirely the fault of casinos, as we know governments are trying to put more restrictions on this market, and while you can avoid them if you use peer to peer services the moment you use a centralized service then you know that sooner or later you will be hit with a KYC request, I would like for things to be different but that is the reality we are facing now.

[Fredomago]

It is true that now it is almost a given that if you get a big win at any casino then you will have to go through KYC, however this is not entirely the fault of casinos, as we know governments are trying to put more restrictions on this market, and while you can avoid them if you use peer to peer services the moment you use a centralized service then you know that sooner or later you will be hit with a KYC request, I would like for things to be different but that is the reality we are facing now.

Indeed, when you use centralized services, expect that KYC will be implemented the business owners are in need to follow the rules, if there're taxes or suspicion with money laundering reviews will need to take place, there's nothing to worry though if the site is established and have good reputations.

The owner will try to resolve the issue the sooner than possible to make sure that the player will not be annoyed and expect them to
come back and play again.

[CryptoHeadlineNews]

when the Gambling platforms had more withdrawal options, things Like: PayPal, Debit Card, Online Gambling, Cash app, Gift card etc. Having the freedom of having so many options improved the players willing to deposit money by almost 49%!!

To be frankly speaking, offering a variety of options for deposit and withdrawer is one way to attract lots of customers, whereby eradicating the barrier of deposit in case of network failure of a particular gateway. that is, if PayPal seems to be having issue, you switch over to depositing using either Gift cards or Cash app, making the whole work easy and faster, which is one of the criteria's users look out for in a gambling casino, (fast and easy withdrawer and deposit).

[jossiel]

I saw those issues with casinos that are untrustworthy. They really create issues for their winners to blockade the actual winnings.

But in most casinos, it's becoming a certain requirement if the winning amount is huge. They have it on their terms and conditions and you can't do anything with that if you're in that situation.

You have no option but just to comply. Because you just signed up for them and that's written on the rules that they can ask you that out of nowhere.

It is true that now it is almost a given that if you get a big win at any casino then you will have to go through KYC, however this is not entirely the fault of casinos, as we know governments are trying to put more restrictions on this market, and while you can avoid them if you use peer to peer services the moment you use a centralized service then you know that sooner or later you will be hit with a KYC request, I would like for things to be different but that is the reality we are facing now.

Yes, it is understandable that they're also required to do it when there's such money coming out from them and there could be relation to taxation if they're from the same country of operation. Needless to say, it's part of regulation and you being the owner of that money, you'll just have to silently follow what you've been asked.

It is the actual thing that's happening.

If you don't like that to happen, you'll have no idea when they will ask you for compliance. Thus, even for small wins or even just after your deposit, they could ask you KYC surprisingly.

[LUCKMCFLY]

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.

In fact I think that many players when they feel confident in their favorite casinos never leave them, I have seen how some casinos that are relatively new do not know how to handle things very well and quickly lose customers and do not offer things like the most reliable ones, dear casinos the oldest ones had quite a difficult beginning, because every beginning is difficult, but they have managed to maintain themselves, but above all trust is based on honesty, and here in the forum one easily realizes which are those casinos, the most famous ones like stake .com.bitcasino.io, duelbits, rollbit, roobet, among others, the concept they use is to always be very transparent.

[Findingnemo]

The deposit bonus is widely practiced whether its crypto or fiat based casino from my knowledge and to be honest which itself encourages people to deposit more money than what they are actually planned but before all of these they need to have trust on the casino then only they will deposit whatever money they are going to gamble wither it can be a 10 dollar or millions of dollars which means the reputation and user experience p[lays a huge role in attracting more money into their bankroll.

[molsewid]

The deposit bonus is widely practiced whether its crypto or fiat based casino from my knowledge and to be honest which itself encourages people to deposit more money than what they are actually planned but before all of these they need to have trust on the casino then only they will deposit whatever money they are going to gamble wither it can be a 10 dollar or millions of dollars which means the reputation and user experience p[lays a huge role in attracting more money into their bankroll.

But I thunk having the deposit bonus is not enough to gain more users to deposit and play with their website. They need to make more events and giveaways if ever, a lot of competition is happening right now there are a tons of gambling website and games that can be found in the internet, they need to gain the people trust because for me it is the first thing to do and it is needed to be prioritize. I also read somewhere in this board that a certain casino website is having an issue in referral bonus wherein users took advantage of it, they can also use this referral strategy but they need to take care of this issue as well.

[passwordnow]

The deposit bonus is widely practiced whether its crypto or fiat based casino from my knowledge and to be honest which itself encourages people to deposit more money than what they are actually planned but before all of these they need to have trust on the casino then only they will deposit whatever money they are going to gamble wither it can be a 10 dollar or millions of dollars which means the reputation and user experience p[lays a huge role in attracting more money into their bankroll.

Before I was into deposit bonuses and it's really one good attraction for most casinos especially if they're like more than $10. Until I realized that there are just too many requirements for a user to claim that and I've stopped hoping for those bonuses but they're still good until now especially if you're loyal to a casino. It's not just the bonuses but also the promos that they're actively having and maybe every week or every other day.

[decodx]

The deposit bonus is widely practiced whether its crypto or fiat based casino from my knowledge and to be honest which itself encourages people to deposit more money than what they are actually planned but before all of these they need to have trust on the casino then only they will deposit whatever money they are going to gamble wither it can be a 10 dollar or millions of dollars which means the reputation and user experience p[lays a huge role in attracting more money into their bankroll.

Before I was into deposit bonuses and it's really one good attraction for most casinos especially if they're like more than $10. Until I realized that there are just too many requirements for a user to claim that and I've stopped hoping for those bonuses but they're still good until now especially if you're loyal to a casino. It's not just the bonuses but also the promos that they're actively having and maybe every week or every other day.

Yeah, as they say, there is no such thing as a free lunch. There is a very good point to your words in your post. You can think of each of deposit bonuses as not being truly free bonuses, right? For example, it is in the casino's interest that their users gamble more, so they can earn more from a player. Most deposit bonuses I have seen usually has requirements that you have to meet to receive the bonus. And those requirements can be pretty onerous.

[nakamura12]

To increase the people who will deposit on their casino is by running a promotion and advertise their casino and that will increase the people who will their casino. Of course, many gamblers are looking for a casino which have promotions and events running so they can benefit with it. Actually there are more ways how to attract people and you can search for some tips too on how to do it.

[Johnyz]

The deposit bonus is widely practiced whether its crypto or fiat based casino from my knowledge and to be honest which itself encourages people to deposit more money than what they are actually planned but before all of these they need to have trust on the casino then only they will deposit whatever money they are going to gamble wither it can be a 10 dollar or millions of dollars which means the reputation and user experience p[lays a huge role in attracting more money into their bankroll.

Before I was into deposit bonuses and it's really one good attraction for most casinos especially if they're like more than $10. Until I realized that there are just too many requirements for a user to claim that and I've stopped hoping for those bonuses but they're still good until now especially if you're loyal to a casino. It's not just the bonuses but also the promos that they're actively having and maybe every week or every other day.

Some bonuses requires a minimal information and aside from this, many site offers a lot of promotions that attracts new gamblers to try their platform and maybe this is the main reason why many are still coming into the site since aside from security, they are still active on giving out promotions. Every site should have a budget for this one, a gambling site needs an effective way of marketing and bonuses are very effective.