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Author Topic: Recommendations for Real Cryptocurrency Casinos  (Read 1417 times)
redsun114
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March 26, 2023, 04:14:30 AM
 #121

For a new casino to grow as fast as possible, what they need is promotion. They need a consistent promotion for both influencers and gamblers who will like to invite there friends and family. Running promotion like ads, signature and many more will help the new casinos to be known by gamblers and as new gamblers keep joining it, more gamblers will starting knowing the casino.
One of the major problem that many of these casinos may not able to go for promotion is because of lack of funds to get it started.
It is true, but you have to be smart with the type of promotion, for example here in the forum there is the option of signature campaigns, and you can also promote if you have active social networks with many followers, because those who are in gambling and sports betting you are always looking for new opportunities to try and win, a casino is obviously seen as an opportunity, but advertising is an investment that will pay for itself over time , so there is nothing wrong with being able to make the effort, I know that every start is hard, but it is worth trying to have good benefits in the long term.
If it is about being smart, they better go with bounty campaigns as it gives them more exposure and the cost of it can be cheaper than what we are paying for a sig campaign in the service section. They shouldn't worry if they have less followers in their social media accounts and other platforms because one of the requirements in a bounty campaign is to follow the company.

A casino business is still considered as an investment but unlike the typical investment, we only need to put more effort on here. If we are successful, the profits that we can get is more extra ordinary than any other investments out there because gambling industry is high in demand right now.

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tusandii
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March 26, 2023, 07:26:11 AM
 #122

A casino business is still considered as an investment but unlike the typical investment, we only need to put more effort on here. If we are successful, the profits that we can get is more extra ordinary than any other investments out there because gambling industry is high in demand right now.
Nobody considers the casino business as an investment.
The casino business was built using quite a lot of cash capital and the owner must continue to prepare money at any time if needed and profits from this business can be obtained at any time without having to wait for a long period of time if the casino has achieved success and managed to become a big casino while investing someone spends money to get profits and profits can be obtained when what is invested has high value and requires patience because investments tend to be long term.
Even though both are equally profitable, they have a big risk of experiencing a loss or losing the amount of money spent.
But it is true what you said that the gambling business can generate more profits than an investment.

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Eureka_07
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March 26, 2023, 08:36:33 AM
 #123

<snip>
Nobody considers the casino business as an investment.
The casino business was built using quite a lot of cash capital and the owner must continue to prepare money at any time if needed and profits from this business can be obtained at any time without having to wait for a long period of time if the casino has achieved success and managed to become a big casino while investing someone spends money to get profits and profits can be obtained when what is invested has high value and requires patience because investments tend to be long term.
Even though both are equally profitable, they have a big risk of experiencing a loss or losing the amount of money spent.
But it is true what you said that the gambling business can generate more profits than an investment.
Yes, it is an investment. How did you say that nobody considered casino operation as a type of investment? Every business is an investment. The owner invest to operate, market, and maintain the casino. How cannot it be considered as an investment in the first place???

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March 26, 2023, 09:34:50 AM
 #124

Several last posts are out of topic already as the discussion is no longer about what is asked by OP. I suggest you guys to stick on the main topic, it is about casinos where players can deposit/play/withdraw with crypto and where the casino do not convert it into fiat. @decodx, I think you need take an action for your thread, better to lock it if the discussion is no longer on your main topic.
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March 26, 2023, 09:36:43 AM
 #125

A casino business is still considered as an investment but unlike the typical investment, we only need to put more effort on here. If we are successful, the profits that we can get is more extra ordinary than any other investments out there because gambling industry is high in demand right now.
Nobody considers the casino business as an investment.
The casino business was built using quite a lot of cash capital and the owner must continue to prepare money at any time if needed and profits from this business can be obtained at any time without having to wait for a long period of time if the casino has achieved success and managed to become a big casino while investing someone spends money to get profits and profits can be obtained when what is invested has high value and requires patience because investments tend to be long term.
Even though both are equally profitable, they have a big risk of experiencing a loss or losing the amount of money spent.
But it is true what you said that the gambling business can generate more profits than an investment.
First of all I want to ask you whether investment should have a long term? or have you forgotten that short-term investments also exist? And you say that the gambling business can benefit at any time, isn't that the same as a short-term investment?
Like you have big funds to build your own casino after that you have to wait some time with all the processes to develop your casino to get lots of customers and become bigger. Isn't that the same as you invest?
If you consider the casino business not an investment, then what do you think about the business? Try to explain.

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noormcs5
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March 26, 2023, 09:41:09 AM
 #126

Several last posts are out of topic already as the discussion is no longer about what is asked by OP. I suggest you guys to stick on the main topic, it is about casinos where players can deposit/play/withdraw with crypto and where the casino do not convert it into fiat. @decodx, I think you need take an action for your thread, better to lock it if the discussion is no longer on your main topic.

Yes, some conversations here are out of topic but the OP has asked which are the recommended crypto casino where we can deposit and withdraw in bitcoin/crypto and i guess all of the casinos we know here on bitcoin talk are crypto-based casinos  Huh

The question is so opened ended that it can lead to any discussion.

And also none of the casinos convert your money into fiat, we have the option to withdraw in bitcoin or any other supported crypto by the gambling site.

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March 26, 2023, 09:44:33 AM
 #127

A casino business is still considered as an investment but unlike the typical investment, we only need to put more effort on here. If we are successful, the profits that we can get is more extra ordinary than any other investments out there because gambling industry is high in demand right now.
Nobody considers the casino business as an investment.
The casino business was built using quite a lot of cash capital and the owner must continue to prepare money at any time if needed and profits from this business can be obtained at any time without having to wait for a long period of time if the casino has achieved success and managed to become a big casino while investing someone spends money to get profits and profits can be obtained when what is invested has high value and requires patience because investments tend to be long term.
Even though both are equally profitable, they have a big risk of experiencing a loss or losing the amount of money spent.
But it is true what you said that the gambling business can generate more profits than an investment.
that's what I thought a long time ago if you want to be rich don't become a gambling player but become a casino gambling site owner, because of course the money spent remains the same, the gambler spends a lot of money and sells all his assets to play and continues to lose and also lose while the gambling site owner spends a lot of money at the beginning then withdraw all the profits every day. that's why I don't want to be rich because gambling will be difficult, changing my mindset to play wiser, after all talking about investments and profits of course being a casino owner is more profitable than being a player in that casino

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March 26, 2023, 10:06:11 AM
Merited by decodx (1)
 #128

Several last posts are out of topic already as the discussion is no longer about what is asked by OP. I suggest you guys to stick on the main topic, it is about casinos where players can deposit/play/withdraw with crypto and where the casino do not convert it into fiat. @decodx, I think you need take an action for your thread, better to lock it if the discussion is no longer on your main topic.

Yes, some conversations here are out of topic but the OP has asked which are the recommended crypto casino where we can deposit and withdraw in bitcoin/crypto and i guess all of the casinos we know here on bitcoin talk are crypto-based casinos  Huh

The question is so opened ended that it can lead to any discussion.

And also none of the casinos convert your money into fiat, we have the option to withdraw in bitcoin or any other supported crypto by the gambling site.

Op has his own criteria on what is Real Cryptocurrency casinos as what he said in other posts in the first page. Yes we are here at bitcoin forum and all casinos here are crypto based casino but there are some casinos that do convert our deposit into fiat and we cant play with crypto value on our bet since the value unit is converted into fiat by the system of the casino. Duelbits is one of the example, once you make a crypto deposit, your balance will not be shown in crypto, but it will be shown in coin (usd). Lets say you make a 0.01btc deposit, you wont see it in your account balance as 0.01btc but it will be shown as 277 (usd). It means that players are not able to play something like 100 satoshi 1000 satoshi etc but players will be able to play with 0.01/0.1/1 coin (usd).
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March 26, 2023, 10:25:45 AM
 #129

And also none of the casinos convert your money into fiat, we have the option to withdraw in bitcoin or any other supported crypto by the gambling site.
Of course, no casino converts gamblers' money into fiat because money and fiat are the same thing.
I'm a little confused about what your sentence means.
The option to make withdrawals or deposits using bitcoins and other types of crypto is certainly supported by gambling sites because all the casinos here are cryptocurrency based.
From the 4 sentences of your post in the last sentence I can't understand it, try to give a clearer response in each sentence.

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March 26, 2023, 02:14:31 PM
 #130

And also none of the casinos convert your money into fiat, we have the option to withdraw in bitcoin or any other supported crypto by the gambling site.

I guess you haven't really played in many casinos because that is so not true. Some online casinos may allow you to make a deposit using Bitcoin, but they convert the cryptocurrency into fiat before crediting it to your account. Similarly, when you want to withdraw your funds, they convert it back to cryptocurrency before allowing you to transfer it to your wallet. Bitinity gave a good example regarding Duelbits casino.
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March 26, 2023, 04:19:38 PM
 #131

A casino business is still considered as an investment but unlike the typical investment, we only need to put more effort on here. If we are successful, the profits that we can get is more extra ordinary than any other investments out there because gambling industry is high in demand right now.
Nobody considers the casino business as an investment.
The casino business was built using quite a lot of cash capital and the owner must continue to prepare money at any time if needed and profits from this business can be obtained at any time without having to wait for a long period of time if the casino has achieved success and managed to become a big casino while investing someone spends money to get profits and profits can be obtained when what is invested has high value and requires patience because investments tend to be long term.
Even though both are equally profitable, they have a big risk of experiencing a loss or losing the amount of money spent.
But it is true what you said that the gambling business can generate more profits than an investment.
First of all I want to ask you whether investment should have a long term? or have you forgotten that short-term investments also exist? And you say that the gambling business can benefit at any time, isn't that the same as a short-term investment?
Like you have big funds to build your own casino after that you have to wait some time with all the processes to develop your casino to get lots of customers and become bigger. Isn't that the same as you invest?
If you consider the casino business not an investment, then what do you think about the business? Try to explain.
No one would invest in a casino without business considerations. The main purpose is to invest money and get returns from it. But the short term or long term returns from the casino will depend on the popularity of the casino. If a casino can attract gamblers in a short period of time then there will be a short term investment. But there is no way to consider it as a short term before investing. Long term investment is worthy to invest such type of project.

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March 26, 2023, 11:46:49 PM
 #132

No one would invest in a casino without business considerations. The main purpose is to invest money and get returns from it. But the short term or long term returns from the casino will depend on the popularity of the casino. If a casino can attract gamblers in a short period of time then there will be a short term investment. But there is no way to consider it as a short term before investing. Long term investment is worthy to invest such type of project.
Not everyone enters gambling with business considerations, even those who enter and often do so just for entertainment or as a place to relieve stress, by choosing a few games and starting to make bets. The people who enter the casino for business considerations, of course, are those who enter with quite a lot of money and hope to get a jackpot or more returns.

In casinos you can't just say that betting in casinos is an investment, it's too risky.
A good investment for cryptocurrency is to trade or hold some of the top coins like Bitcoin.

The casino is a gambling platform that will give you a game of luck, if you are not lucky then you will lose.
Adjust the investment that you will do, not everything can be called an investment.
For long-term investment is better to use a platform that is intended for investment, not gambling.

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March 27, 2023, 06:07:24 AM
 #133

<snip>
Nobody considers the casino business as an investment.
The casino business was built using quite a lot of cash capital and the owner must continue to prepare money at any time if needed and profits from this business can be obtained at any time without having to wait for a long period of time if the casino has achieved success and managed to become a big casino while investing someone spends money to get profits and profits can be obtained when what is invested has high value and requires patience because investments tend to be long term.
Even though both are equally profitable, they have a big risk of experiencing a loss or losing the amount of money spent.
But it is true what you said that the gambling business can generate more profits than an investment.
Yes, it is an investment. How did you say that nobody considered casino operation as a type of investment? Every business is an investment. The owner invest to operate, market, and maintain the casino. How cannot it be considered as an investment in the first place???
Business and investment are clearly different, friends.
Business is a business that was built or started from 0 with hard work and full of struggle to be able to get the business to grow big so that it can generate a certain amount of profit that is certain for the business owner, while investment is giving money to make an investment asset in order to get a profit if These assets have high value and it is still uncertain whether they will succeed because in investing, the ones who play a big role in success are not us as investors, but they are the holders of the projects we invest in.
From the point of view of understanding alone, it is clearly different then what will be equated.


that's what I thought a long time ago if you want to be rich don't become a gambling player but become a casino gambling site owner, because of course the money spent remains the same, the gambler spends a lot of money and sells all his assets to play and continues to lose and also lose while the gambling site owner spends a lot of money at the beginning then withdraw all the profits every day. that's why I don't want to be rich because gambling will be difficult, changing my mindset to play wiser, after all talking about investments and profits of course being a casino owner is more profitable than being a player in that casino
Yes, gamblers are like gold for casino owners because the more gamblers eat, the greater the profits that can be taken by casino business owners.
In the gambling industry, only casino owners can get rich, while gamblers will only be people who slowly lose a lot of money, so the assumption that gamblers can get rich from gambling is just a joke.
At this point, we should understand that not everyone in the gambling industry can take advantage easily.

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March 27, 2023, 07:04:57 AM
 #134

And also none of the casinos convert your money into fiat, we have the option to withdraw in bitcoin or any other supported crypto by the gambling site.

I guess you haven't really played in many casinos because that is so not true. Some online casinos may allow you to make a deposit using Bitcoin, but they convert the cryptocurrency into fiat before crediting it to your account. Similarly, when you want to withdraw your funds, they convert it back to cryptocurrency before allowing you to transfer it to your wallet. Bitinity gave a good example regarding Duelbits casino.

there are other examples like Stake.com and Punt.com casinos that have a feature of converting crypto to fiat.
so we are free to choose to exchange crypto to any local fiat and usually I also often use this feature to get a very low minimum bet using my local currency.
but it seems you have tried the two casinos that I mentioned above.

this is just my opinion, if I'm wrong please let me know

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March 30, 2023, 02:19:11 AM
 #135

there are other examples like Stake.com and Punt.com casinos that have a feature of converting crypto to fiat.
so we are free to choose to exchange crypto to any local fiat and usually I also often use this feature to get a very low minimum bet using my local currency.
but it seems you have tried the two casinos that I mentioned above.

this is just my opinion, if I'm wrong please let me know

Stake have no feature to convert your balance into fiat, but they have a feature just to "show" your balance into fiat. That's 2 different things. Converting to fiat means that your balance's value will remain the same in fiat all the time, while in stake your balance which is shown in fiat will still following the market of the crypto.
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March 30, 2023, 11:55:07 AM
 #136

there are other examples like Stake.com and Punt.com casinos that have a feature of converting crypto to fiat.
so we are free to choose to exchange crypto to any local fiat and usually I also often use this feature to get a very low minimum bet using my local currency.
but it seems you have tried the two casinos that I mentioned above.

this is just my opinion, if I'm wrong please let me know

Stake have no feature to convert your balance into fiat, but they have a feature just to "show" your balance into fiat. That's 2 different things. Converting to fiat means that your balance's value will remain the same in fiat all the time, while in stake your balance which is shown in fiat will still following the market of the crypto.
Now this is true, Stake only has the feature of showing or converting balances into fiat when in a casino wallet and in a game but when making a withdrawal or deposit transaction the currency value remains in crypto, not fiat.
I also often use this feature to get a lower minimum bet and the lowest fiat in each minimum bet is USD.
Maybe @len01 has the same meaning as us but the way he conveys it is not quite right.

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March 30, 2023, 11:10:04 PM
 #137

there are other examples like Stake.com and Punt.com casinos that have a feature of converting crypto to fiat.
so we are free to choose to exchange crypto to any local fiat and usually I also often use this feature to get a very low minimum bet using my local currency.
but it seems you have tried the two casinos that I mentioned above.

this is just my opinion, if I'm wrong please let me know

Stake have no feature to convert your balance into fiat, but they have a feature just to "show" your balance into fiat. That's 2 different things. Converting to fiat means that your balance's value will remain the same in fiat all the time, while in stake your balance which is shown in fiat will still following the market of the crypto.
These things are standard on a casino right on which you could really see the actual fiat value of your account balance.Its true that there are no casinos that have internal exchange which you could
really convert it to fiat but it would be good if ever it would be that to see its available.We do know that it isnt really that possible considering this would really be more kyc attached.
This is why im not really that minding that much for this feature as i do prefer on depositing and withdrawing crypto overall.

R


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March 31, 2023, 09:23:22 PM
 #138

there are other examples like Stake.com and Punt.com casinos that have a feature of converting crypto to fiat.
so we are free to choose to exchange crypto to any local fiat and usually I also often use this feature to get a very low minimum bet using my local currency.
but it seems you have tried the two casinos that I mentioned above.

this is just my opinion, if I'm wrong please let me know

Stake have no feature to convert your balance into fiat, but they have a feature just to "show" your balance into fiat. That's 2 different things. Converting to fiat means that your balance's value will remain the same in fiat all the time, while in stake your balance which is shown in fiat will still following the market of the crypto.
These things are standard on a casino right on which you could really see the actual fiat value of your account balance.Its true that there are no casinos that have internal exchange which you could
really convert it to fiat but it would be good if ever it would be that to see its available.We do know that it isnt really that possible considering this would really be more kyc attached.
This is why im not really that minding that much for this feature as i do prefer on depositing and withdrawing crypto overall.

Right, sometimes it's a bit desired thing to be able to swap currencies in casino, but, I think mostly due to law restrictions, casino can't be an exchange hub at the same time (too many paperwork to be able to meet all the licensing standards). And, yes, KYC is too, most probably, a way to manage all risks for casino...

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March 31, 2023, 10:31:58 PM
 #139

there are other examples like Stake.com and Punt.com casinos that have a feature of converting crypto to fiat.
so we are free to choose to exchange crypto to any local fiat and usually I also often use this feature to get a very low minimum bet using my local currency.
but it seems you have tried the two casinos that I mentioned above.

this is just my opinion, if I'm wrong please let me know

Stake have no feature to convert your balance into fiat, but they have a feature just to "show" your balance into fiat. That's 2 different things. Converting to fiat means that your balance's value will remain the same in fiat all the time, while in stake your balance which is shown in fiat will still following the market of the crypto.
These things are standard on a casino right on which you could really see the actual fiat value of your account balance.Its true that there are no casinos that have internal exchange which you could
really convert it to fiat but it would be good if ever it would be that to see its available.We do know that it isnt really that possible considering this would really be more kyc attached.
This is why im not really that minding that much for this feature as i do prefer on depositing and withdrawing crypto overall.

Right, sometimes it's a bit desired thing to be able to swap currencies in casino, but, I think mostly due to law restrictions, casino can't be an exchange hub at the same time (too many paperwork to be able to meet all the licensing standards). And, yes, KYC is too, most probably, a way to manage all risks for casino...
I have tested out back in the past about that internal exchange of your coins into other coins but not fiat which it does also require that KYC because that 3rd party had switch up and integrate that
KYC procedure which means that it isnt really that worth on doing so.If you are really that liking to withdraw a specific coin then it would be more better if you do pull it off and
tend to exchange it out on DEX outside or some CEX who doesnt really need up any KYC if you do really value up your anonymity.
Just like been said that this is never been that recommended after all.

R


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April 01, 2023, 06:43:41 PM
 #140

Check our casino https://betcrypto.cr for sign up is just email and password we are KYC free for ever !

Your online casino is quite new and judging by the number of followers (21) behind your Twitter, for example, besides, the last tweet there was in mid-January, which suggests that you somehow don't really care about attracting new players, there is only a bot in telegram instead of a channel. Unfortunately, now it is not possible to promote a product without hype and promotion, especially in such a competitive environment as online gambling.

Yes we don't want to do any hype before is 100% ready, we hope this month is going to be 100% ready and we are going to do an official announcement
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