How Gambling companies can get more users to deposit.

[Cling18]

The key import things in there were

 1. trust
 2. trust
 3. trust

then other

1. Choice
2. Experience
3. Privacy
4. Preference

Nowadays many projects fail despite offering relatively good benefits. If we find the reason, one thing that comes up is trust. Only those who can create such an environment in the market can survive in the future. That is why it is very important to implement trust towards gamblers by having others facelifts.

Trust is hard to gain so as much as possible, a site should create a good impression from the beginning. It must capture the attention of players and assure them that they will give them a good service. If a site is trusted, all good things will follow and it could build up a good reputation easily.

[ChiBitCTy]

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.

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

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?

You’re post doesn’t really explain what you mean by “ how important this option is for you”?  To me all of the items you listed out are certainly important. Liquidity is probably the number one thing for me (well outside of transparency). Privacy also another one that I think most online gambling sites do a relatively good job at.

I’m shocked though that these changes increased traffic by almost 50%. Would have never thought it’d have that big of an impact.

[KTChampions]

Actually, there are other gambling site platforms here in cryptocurrency that they give a promo that when you create an account or you sign-up or you create an account on their website, you will receive 25$ if you deposit 500$. This is just an example of another gambling site that I have seen that is their method to get more gamblers to enter their website. But sometimes I also think that they will give 25$ but the 25$ will also come from the 500$ that you put in because I'm sure that most of the people who will be bitten by this promotion will also lose in the end, although I'm not saying all of them will be loss.

Obviously, all bonuses, rakebacks, promotions, etc. are paid from the funds of the gamblers themselves (as well as the salaries of casino employees and other business costs). Most players believe that it is better to make a deposit and receive a bonus than to make a deposit without a bonus. I think that if you do not take into account bonus hunters who break the rules, then these bonuses are beneficial to both parties.

[Gozie51]

I think that if you do not take into account bonus hunters who break the rules, then these bonuses are beneficial to both parties.

I think bonus hunting is the reason that casino can even be popular. Although they may break the rules but it makes the attraction of more hunters possible. This is to the fact that it generate traffic to the site and getting the online busy on the site and the more some succeed to register, the site increase in subscription.

[Fredomago]

Gambling companies will surely find out ways on how to retain their users and make them stay on the offerings that they do have that cant be seen in others but well its not surprising
that others would really do just the same and would really be getting other attention which could possibly affect user count later on.

They will try to solidify the bond between them and the gamblers, they know that each gamblers can bring more comapnions
and will also be a good prosfect to end up as a regular clients.

I think the best way for a site to secure player loyalty is to do good promotions.
Especially those that give you bonuses as the player spends more time playing.
The redemption of these bonuses is usually conditioned to a certain number of bets, so it is very difficult for the site to lose, and at the same time it encourages the player to play more.
However, a quick way to lose your customers is to create problems, bureaucracy or delay when he decides to make a withdrawal.

Indeed, right, if you will delayed customer req either deposit or withdraw if they got annoyed with your action they will go to another site and see if they can feel the comfort that they are looking, it's very important task handling each clients concern, the more they feel that they are special they will keep bringing more money inside the house.

Keeping them busy with promotions and contest will also lead them to keep coming back and try their luck to win the prize.

[KTChampions]

I think that if you do not take into account bonus hunters who break the rules, then these bonuses are beneficial to both parties.

I think bonus hunting is the reason that casino can even be popular. Although they may break the rules but it makes the attraction of more hunters possible. This is to the fact that it generate traffic to the site and getting the online busy on the site and the more some succeed to register, the site increase in subscription.

If the bonus hunters acted honestly, then this would make sense. But in fact, they do not act like that, but create 100 or more accounts to abuse bonuses. I do not think that such traffic and expenses are useful for the casino. Even spending on fighting them hits the budget very hard (especially for new projects). And by the way, this is one of the reasons why bonuses are not as generous as they could be - very generous bonuses will attract too many scammers.

[AmoreJaz]

I think that if you do not take into account bonus hunters who break the rules, then these bonuses are beneficial to both parties.

I think bonus hunting is the reason that casino can even be popular. Although they may break the rules but it makes the attraction of more hunters possible. This is to the fact that it generate traffic to the site and getting the online busy on the site and the more some succeed to register, the site increase in subscription.

If the bonus hunters acted honestly, then this would make sense. But in fact, they do not act like that, but create 100 or more accounts to abuse bonuses. I do not think that such traffic and expenses are useful for the casino. Even spending on fighting them hits the budget very hard (especially for new projects). And by the way, this is one of the reasons why bonuses are not as generous as they could be - very generous bonuses will attract too many scammers.

to mitigate bonus abuses, the site itself should have their security system that can possibly filter out these accounts. though they can't get  it all but at least diminish these users that are abusing their bonuses. they can also limit their rewards so as not to lead them to bankruptcy. these abusers will not stop unless, they can't get in anymore. that's part of the business that they need take care of. also, these casinos can always put certain conditions like min deposit or wagering requirements, this will greatly reduce the abusers.

[serjent05]

I think the best way for a site to secure player loyalty is to do good promotions.
Especially those that give you bonuses as the player spends more time playing.

I think that is one of the good ways to keep attracting and keeping players but I think the main one is to be trustworthy by processing players' withdrawal instantly.  No matter how much they win, Casino should release the winnings as easily as they receive the deposit.  If the casino can manage to lower the wagering requirement to be able to withdraw the bonuses then it would be better.

[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?

The funny thing is the withdrawal options are rarely tested until there are some big winnings, because people can often play through to a complete wipeout of any funds loaded in the account. You might find that while lots of withdrawal options are offered and may be genuinely honored, it could take a long time to process such withdrawals. There are also often laws, mainly intended to combat money laundering, that aim to make sure that as much money as possible is returned to the original payment source rather than allowing you to filter it out of the site in whatever format you want. Honestly, a lot of options might draw people in but it can just be an illusion of legitimacy that is built up when you see reputable payment partners rather than much practical benefit.

[Mahanton]

I think the best way for a site to secure player loyalty is to do good promotions.
Especially those that give you bonuses as the player spends more time playing.

I think that is one of the good ways to keep attracting and keeping players but I think the main one is to be trustworthy by processing players' withdrawal instantly.  No matter how much they win, Casino should release the winnings as easily as they receive the deposit.  If the casino can manage to lower the wagering requirement to be able to withdraw the bonuses then it would be better.

Fairness and deposit/withdrawal on instant is just a standard or a must thing to have on any casinos or businesses out their.They shouldnt really stop on finding something new which would
poke up users interest because if you do look around where other competitors are finding new ways and promotions just to make themselves to be better compared or among others
which we know that the more unique and much better casinos or companies out there would definitely get that kind of attention that might result on having or hooking up
more players which means it would really be talking about more revenue for theirs.

[KTChampions]

If the bonus hunters acted honestly, then this would make sense. But in fact, they do not act like that, but create 100 or more accounts to abuse bonuses. I do not think that such traffic and expenses are useful for the casino. Even spending on fighting them hits the budget very hard (especially for new projects). And by the way, this is one of the reasons why bonuses are not as generous as they could be - very generous bonuses will attract too many scammers.

to mitigate bonus abuses, the site itself should have their security system that can possibly filter out these accounts. though they can't get  it all but at least diminish these users that are abusing their bonuses. they can also limit their rewards so as not to lead them to bankruptcy. these abusers will not stop unless, they can't get in anymore. that's part of the business that they need take care of. also, these casinos can always put certain conditions like min deposit or wagering requirements, this will greatly reduce the abusers.

This is the best solution to prevent abuse in the first place. It's much easier than fighting them later. Working with security systems costs money. As I already wrote, in the end, the vast majority of gamblers will lose both their deposit and any bonus to it, so if it weren’t for the abusers, then any casino could give a 100% deposit bonus, but we don’t observe this.

[serjent05]

If the bonus hunters acted honestly, then this would make sense. But in fact, they do not act like that, but create 100 or more accounts to abuse bonuses. I do not think that such traffic and expenses are useful for the casino. Even spending on fighting them hits the budget very hard (especially for new projects). And by the way, this is one of the reasons why bonuses are not as generous as they could be - very generous bonuses will attract too many scammers.

to mitigate bonus abuses, the site itself should have their security system that can possibly filter out these accounts. though they can't get  it all but at least diminish these users that are abusing their bonuses. they can also limit their rewards so as not to lead them to bankruptcy. these abusers will not stop unless, they can't get in anymore. that's part of the business that they need take care of. also, these casinos can always put certain conditions like min deposit or wagering requirements, this will greatly reduce the abusers.

Or they can implement KYC to the account they are suspecting of Multi-accounting due to bonus hunting.  This stuff can be disliked by most of us but it is the most effective way of shutting down abusers aside from the given safety precautions stated in the quoted reply.  KYC should not be mandatory to not discourage players that is very concerned about privacy but only use as emergency measure when the need arises.

[Silberman]

~snip~
I think trust should be the top characteristic when it comes to picking a casino in which we decide to gamble, but unfortunately many gamblers do not think like that and instead they take a look at the potential bonuses they can get and select a casino based on which one has the biggest bonus, scammers know this which is why you see that dishonest casinos offer bonuses way higher than the legitimate cryptocurrency casinos since they know very well they will never allow any player to withdraw an important amount of money from their casino.

Although I agree with that, I would say that many people don't really think about withdrawals before they have deposited something into the system. Quadriga and many other exchanges are examples of that.

Now, in terms of increasing the deposits, I would argue that the most effective way of doing it would be with some kind of promotion, where people get some extra bonuses for depositing. That's also been proven by the plethora of scams online that people keep falling in. It's just how most humans work. Only the most careful and savvy ones would try to make sure the withdrawals work perfectly fine before depositing more.

And I know very well that what you say is correct, most people never think about the possibility of not being able to withdraw their money, and this has a lot to do with the way fiat works, since there are chargebacks in the fiat system even if a casino did not allowed you to withdraw you could always speak to your bank and they could recover that money for you, but this is not possible with bitcoin and once they cannot withdraw their money from the casino they try to find another way to recover their money, only to discover this is not possible and they get incredibly frustrated by this.

[LUCKMCFLY]

Surely deposit bonuses are separate from the ability to withdraw at any time.  They should always allow the withdrawal of the original money I think is fair or return to source perhaps if thats a requirement for security purposes.    A requirement to play the balance ten times over would be prohibitive and hard to handle for most people but perhaps thats paired with a great bonus, it should be open and clear in these cases so nobody feels upset or unfairly tricked in this requirement to play and benefit from the casino operations.

Yes, clearly that is one of the things that can attract players, some I have witnessed that they do everything possible not to take the Welcome bonuses, and sometimes taking the welcome bonuses commits everything that was deposited and to sometimes that causes annoyance in some who only deposit to test their games and see how likely it is that they can win on a platform, but that is something that must be respected, I think that every player who obtains a benefit within the casino (without the use of bonuses) you can withdraw your money including your winnings, otherwise, I think it would not make sense, for me the welcome bonuses with very high wagers are small traps so that the money is always in the casino.

Or they can implement KYC to the account they are suspecting of Multi-accounting due to bonus hunting.  This stuff can be disliked by most of us but it is the most effective way of shutting down abusers aside from the given safety precautions stated in the quoted reply.  KYC should not be mandatory to not discourage players that is very concerned about privacy but only use as emergency measure when the need arises.

Well, the truth is that it is a great option, and I had not seen it as viable, but by putting it as that requirement, at least it puts a very hard job on them so that they can pass it, however, I think they could manage to do it but they would no longer do or commit the abuse. as they have planned, it is a great option, although I think that others who defend their privacy and anonymity would not like that too, it is like a double-edged sword, but it would be a good solution.

[TopT3ns]

~snip~
I think trust should be the top characteristic when it comes to picking a casino in which we decide to gamble, but unfortunately many gamblers do not think like that and instead they take a look at the potential bonuses they can get and select a casino based on which one has the biggest bonus, scammers know this which is why you see that dishonest casinos offer bonuses way higher than the legitimate cryptocurrency casinos since they know very well they will never allow any player to withdraw an important amount of money from their casino.

Although I agree with that, I would say that many people don't really think about withdrawals before they have deposited something into the system. Quadriga and many other exchanges are examples of that.

Now, in terms of increasing the deposits, I would argue that the most effective way of doing it would be with some kind of promotion, where people get some extra bonuses for depositing. That's also been proven by the plethora of scams online that people keep falling in. It's just how most humans work. Only the most careful and savvy ones would try to make sure the withdrawals work perfectly fine before depositing more.

And I know very well that what you say is correct, most people never think about the possibility of not being able to withdraw their money, and this has a lot to do with the way fiat works, since there are chargebacks in the fiat system even if a casino did not allowed you to withdraw you could always speak to your bank and they could recover that money for you, but this is not possible with bitcoin and once they cannot withdraw their money from the casino they try to find another way to recover their money, only to discover this is not possible and they get incredibly frustrated by this.

In some countries may have different legalities, there are some countries that can make withdrawals directly into bitcoin and some can only use fiat, from that problem it is better when you want to make a profit withdrawal from a gambling place trying to find more infromation first which wallet or exchange accepts withdrawals using the method you choose and you should look at the transaction fees as well so you don't lose out on high withdrawal fees.

[KTChampions]

Or they can implement KYC to the account they are suspecting of Multi-accounting due to bonus hunting.  This stuff can be disliked by most of us but it is the most effective way of shutting down abusers aside from the given safety precautions stated in the quoted reply.  KYC should not be mandatory to not discourage players that is very concerned about privacy but only use as emergency measure when the need arises.

This is not the most effective measure, since even with KYC, scammers can use real people to register accounts and pass KYC. The only question is the price - if the bonus is large, then for residents of poor countries it becomes a very profitable occupation. Therefore, as I said, large bonuses are unprofitable for casinos, primarily because they attract a lot of scammers.

[Mauser]

I wasn't aware that most people worry about the withdrawal option when it comes to deposit larger amounts of money at a casino. It make sense to be concerned about safety of your money and to worry if the casino has enough funds to process withdrawals immediately. For all the casinos who have been around for years I am not really worrying about these things. I am much more financial driven when it comes to deposit money. In my opinion the best approach for a casino to get gamblers to deposit more money at their site is to run promotions. When I see there is a new deposit bonus of 100 or 200% than it's a guarantee for me to add more money. These promotions cost the casino money but will also bring in new money. And if only one casino offers it, the other need to do the same otherwise gamblers could switch casinos.

[fortunecrypto]

Trust is hard to gain so as much as possible, a site should create a good impression from the beginning. It must capture the attention of players and assure them that they will give them a good service. If a site is trusted, all good things will follow and it could build up a good reputation easily.

That I agree, we all want to settle or play on trusted casinos, all casinos want to be reputable but there comes a time that there are fake accusations coming from cheaters, and there are miscommunications also, like a player very impatient to cashout when the support is checking his activity we have to follow casinos we're playing because if there are complaints and they are addressing those issues and they are fair in addressing it.

[Solosanz]

That I agree, we all want to settle or play on trusted casinos, all casinos want to be reputable but there comes a time that there are fake accusations coming from cheaters, and there are miscommunications also, like a player very impatient to cashout when the support is checking his activity we have to follow casinos we're playing because if there are complaints and they are addressing those issues and they are fair in addressing it.

If the accuser create fake accusations, sooner of later anyone will realize the truth in the future since he can't hide the whole thing. Most of casinos will do manual withdraw for large amount money and it's make sense if they need more times than usual, it depends on each casino how long the investigation would end. If it's around 1-2 weeks it's still fine, but if it's need for 3-6 months I think it's sign of scam.

[$crypto$]

If the accuser create fake accusations, sooner of later anyone will realize the truth in the future since he can't hide the whole thing. Most of casinos will do manual withdraw for large amount money and it's make sense if they need more times than usual, it depends on each casino how long the investigation would end. If it's around 1-2 weeks it's still fine, but if it's need for 3-6 months I think it's sign of scam.

Withdrawal time with 3-6 months I think it doesn't make sense even though it's a big withdrawal but basically, the team will verify manual withdrawals in just a few days at least one week never happens for months, sometimes we see withdrawals are delayed for just 1 week we have seen some of the accusations made even though we know casinos need more time than usual, indeed most people are impatient and always want to be fast in withdrawals but if it is a large amount it must be understood because the casino is already reputable it will do it as quickly as possible.
If the withdrawal exceeds months even I will not trust the casino anymore.