Is Online casino always take risks?

[ethereumhunter]

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For this reason, casinos need a solid team that can work hard to develop the casino into a big one. Competition among new casinos is fierce; only those really serious casinos that can work hard will get good results and become big casinos. Maybe the casino owners could research what they can do to attract the attention of many gamblers and the casinos could launch many interesting promotions that other casino owners might not think of. Casino owners and their teams must think out of the box because that is what is needed so that the casino looks different and can provide services that satisfy its customers. Customer satisfaction is the ultimate goal of a casino. When many gamblers are satisfied, they will definitely return to the casino, which means the casino's revenue will increase.

Any new casino can still survive and become big, but it requires money. Some casinos may have good developers, good website but not able to market and promote their casino, that is because the casino do not have enough money for it. Marketing is very important, it can help a casino to become big. Others things are excellent customer care, many and good option for deposit and withdrawal, and having many good promotional offers after being able to advertise to make people know about them.

Before the owner made the casino, he must have thought about how much money he needed to prepare so that his plan could work well. The casino owner must know that the gambling business is a business of thousands and maybe even hundreds of thousands of dollars so he must have a large capital to start it, especially if he has a lot of promotion plans that he wants to start after the casino is finished.

Marketing is the main key to developing a business. But many business owners make mistakes in marketing their business so they can't achieve their goals. This is why the business owner must tell all of his team about his plans, including the vision and mission he wants to carry out. Maybe the casino owner and team must focus on short term plans and promotions to see how it progresses. If it's good, they can move on to the next plan; if not, they must implement the backup plan.

[1715290051]

1715290051

[1715290051]

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[slapper]

Casinos are really making money that is why we are seeing new casinos being launch online and there numbers are increasing everyday. Influencers especially gambling ones are earning big from casinos because they are always inviting people to Casinos which is what is making many casinos keep having traffic. There are some bet that the house for have an edge over gamblers during winning that is why many of these casinos would never go bankrupt unless the team are misusing the casino funds anyhow.

But not all new casinos can compete with other new or old casinos because gamblers will choose a casino based on what they are looking for. It might be easy to launch that new casino but difficult to sustain it, let alone grow it until it becomes big and reputable. And this can only be achieved by a casino with a team that works hard and wants to make their business big. And to develop the casino to become big, it is necessary to promote and some casinos hire influencers to help market their casino.

This is true. It is hard to sustain a casino and even other business in general. The establishment of any profit making business needs a lot of effort, time, and resources to come to life and it also needs consistency of those to make it operate for a long period of time. Of course, the goal is to make many patronage of the casino website so the owner has to launch campaigns, bonuses, and promotions to encourage players to play in their website. It isn't an easy-peasy job because being able to stay in the industry itself is already an exhausting task since there are lots of arising casinos and existing ones that already made their name and reputationn.

Competing among other casinos means you need to step up your game in innovating new variety of games and set of rules to entice clients. Otherwise, it will result to failure. Developing set of teams for a casino to continuously progress such as the maintenance, advertisements, and the likes will definitely be a great help for the spreading of casino  name and services.

running a casino is more akin to wrestling an alligator than a gentle lakeside stroll. Now, here's a wrench to throw in the works - ever pondered the ethical conundrums tied up in this glitzy endeavor?

Operating a casino isn't merely a show of the most tantalizing games or an avalanche of bonuses. It's more about the art of managing a responsible gambling ecosystem. This implies tightening the reins on age restrictions, lending a hand to those teetering on the brink of addiction, and keeping a leash on the betting excesses. Might this strike a discordant note with profit-centric goals? Quite likely. But then, isn't the song of a safe and ethically sound business more harmonious?

Moreover, the issue of transparency and fair play should not be brushed under the poker table. With technology cruising at warp speed, blockchain casinos have entered the scene, giving players a chance to peek behind the curtain and verify the fairness of their bets. Something that traditional casinos, for all their charm, can't replicate. Could this be the countdown for the grand old casinos? Time, the great dealer, will reveal.

[len01]

Any new casino can still survive and become big, but it requires money. Some casinos may have good developers, good website but not able to market and promote their casino, that is because the casino do not have enough money for it. Marketing is very important, it can help a casino to become big. Others things are excellent customer care, many and good option for deposit and withdrawal, and having many good promotional offers after being able to advertise to make people know about them.

new casino owners must at least have expertise and experience in terms of gambling business, that's the most important.
if the casino owner already has that experience the casino owner doesn't have to worry about the funds to be used to market or promote his site. because if people who already have experience can certainly plan everything from profits to losses so that casino owners can get funds to develop from investors.
so there is no need to be confused about the money that will be used to promote the gambling site.

[summonerrk]

I am just curious about how does online casino pay for their promotion on their influencers? Where does their earning comes from? How will you get scammed when you try online casino? How can you tell that online casino is safe?

One of the main ways to promote online casinos is streamers. People who sit and spin online roulette. Often with unfair chances so that everyone who is on the broadcast can see the winnings, see the emotions. And then these people will go to replenish their first deposits on this platform. But the streamer will receive from the service 20-70 percent of these first deposits that he was able to attract. It turns out that the online casino does not even need its money before the launch. Since it poates users.

[Gyfts]

...

I'd caution that reviews can be manipulated as well. I generally only use the forums to determine if there's a casino I'm interested in. If it isn't crypto deposit friendly, I'm not interested. Forum presence, promotions, and active threads are what draws my attention.

You can't really tell how often casinos KYC either from a small sample size of reviews. The common tactic of KYC'ing users after they hit a big win will only apply to the small amount of users that withdraw large balances to begin with. This doesn't apply to most withdrawals. If you have the misfortune of being one of those people, you don't have much remedy but to comply.

[QueenVera]

Going through the thread, I found that alot of contributions has been made to remove Op's doubt. Still, they're multiple means to determine the legitimacy of an online casino, which this forum is also a better place to discover genuine online casinos. However, most of the members may not have been used by the entire forum users that's where casino review sites helps newbies or new users of a specific casino to know what actually happens in the casino before playing on the casino. You can check for user complaints too, anywhere even on the site or off the site. Casinomeister is also a better place to research for any online casino that you don't feel comfortable with the reviews you got from this forum.

I agree with you and there is a thread by gambling bro, trying to give  honest reviews about casinos and I think ks that's a great great thread for anyone who will want some clue about a casino before getting involved.
And there are several  ways casino  make profits and the major way is when  you make losses and several other ways and everyone is in a business for profit  and if there's  no profit,  I don't think anyone would still stay in such business

[LUCKMCFLY]

When it comes to security approach then it should really be that a standard thing on which it would really be just that right that they wouldnt really be forgetting this important matter considering that we are talking about huge money in storage with these kind of companies which it would really be just right that they should really be giving out that kind of focus too when it comes to security.
Speaking about marketing then it is one of the most common corner or thing which a business should really be allocating up some funds. You cant really be able to have a successful business if
exposure isnt really there because if people wouldnt be able to find out your existence then there's no way that you could really be able to gain up some demand or recognition.
On a business then as a user then it would be just that common sense that you would really be going after into those platforms which had been  trusted up
and have that recognition and reputation on where we do decide to make out some deposit.

You are right, we as players must first know where we are putting our money, in which casino, and obviously if we put it in a reliable casino, with a very high reputation, things can turn out better in terms of security, in the forum we have the best casinos with the highest degree of reputation and that is what is important, it does not matter if later we have to do a tiresome KYC,the important thing is to be sure that the money that we have already deposited there will be at our disposal and that at a time when We have to make a withdrawal,they will not be Able to have any kind of problem.

[alastantiger]

I am just curious about how does online casino pay for their promotion on their influencers?

They would have made a budget for this.

Where does their earning comes from?

Gambler's losses and other sources

How will you get scammed when you try online casino?

When they ask you for bank statement and other very personal information

How can you tell that online casino is safe?

Review them through a simple Google search to know and learn from the experience of others.

[tusandii]

For this reason, casinos need a solid team that can work hard to develop the casino into a big one. Competition among new casinos is fierce; only those really serious casinos that can work hard will get good results and become big casinos. Maybe the casino owners could research what they can do to attract the attention of many gamblers and the casinos could launch many interesting promotions that other casino owners might not think of. Casino owners and their teams must think out of the box because that is what is needed so that the casino looks different and can provide services that satisfy its customers. Customer satisfaction is the ultimate goal of a casino. When many gamblers are satisfied, they will definitely return to the casino, which means the casino's revenue will increase.

In my opinion, everything is in the hands of the team itself, which is responsible for developing and making some improvements to casino features and promotions because the owner only provides what the team needs and also observes the development of the casino business that he has.
Competition in the casino business is indeed very tight lately, so the team must have ideas to provide an advantage that other casinos don't have so that there will be special interest from gamblers.
In fact, some casinos are willing to spend large amounts of money to hold promotions or contests so that more and more gamblers are interested, even though this promotion or contest is still uncertain whether the budget used will provide satisfactory results or not, but this is what the casino business must dare to take decisions even involving large amounts of money for the sake of the development of the casino itself.

[LUCKMCFLY]

Yeah I agree, before you can establish a casino you also need to have a good amount of capital when we say good amount meaning to say that you can cover all the marketing expenses aside from securing the amount to make a payout. It's not easy as there are competitions that you need to consider and those possible whales who can bring your business down.

With that concept, having more patrons to use your service means that you can generate profits in the long-run, good services with developed trust from gamblers will allow your success.

Years ago it was still possible to start a casino with a relatively low amount of money and succeed, but since then things have changed in a dramatic way and this is no longer true, anyone that wants to start a casino not only needs to have a team dedicated to protect their customers from hackers, they also need top notch customer support, fast servers, many bonuses and to promote themselves heavily over the internet, and not a single one of those things is cheap.

Well now when we take into consideration the creation of a casino you have to know what you are getting into, because it is not easy at all, now, if the person who wants to create the casino has a lot of money, there is not that much of a problem, in As far as I am concerned, if a person has a capital that can withstand the losses that a whale player can generate, then everything is fine, because security and everything can be guaranteed with the best devs and hiring specialists in it, I consider that this is what It is a very reckless action.

but unlike before that it is not required to have huge money , what i mean is that if you are just have a small capital you can now start a casino which lets say your intentions are legit but right now if you make a casino you'll end up losing because you dont have  enough funds to do advertisement , unlike before just post it in social media and forums then there are gamblers will try it. That is why if you have funds even if you ain't knowledgable then you can still make a casino by hiring staff on it.  That is why money is very powerful.

For those who are not familiar with casinos, operating and developing a casino is somewhat expensive as the casino owner must hire the necessary manpower to run the business. All responsibilities should be understood from the experienced. If the owner is inexperienced, he must deposit a large sum of money. Because at that time most of the problems have to be solved by spending money. Establishing a new casino business can be difficult for those, without prior experience in this business.

I would say that a person who wants to have a casino , and who can operate with complete confidence , what they should have is a lot of money, this is to pay for all the necessary security so that clients feel safe and can have their payments guaranteed, in addition to always have supervisors in each game to avoid an anomaly , be aware of every detail of the game so that vulnerabilities are not there for them to exploit, which they normally do, have a compensation and reward program for those players who find vulnerabilities in the casino and according to the degree of complexity that its payment is high , this to encourage those who like to exploit Certain things that are not Right in the Casino.

[Maslate]

Casinos are really making money that is why we are seeing new casinos being launch online and there numbers are increasing everyday. Influencers especially gambling ones are earning big from casinos because they are always inviting people to Casinos which is what is making many casinos keep having traffic. There are some bet that the house for have an edge over gamblers during winning that is why many of these casinos would never go bankrupt unless the team are misusing the casino funds anyhow.

No doubt, nobody especially inside the millionaire and billionaire's club will step into that kind of business if it's not paying that much. Before they venture in that kind of business, they have already made their studies on how they could improve their probability as casinos have been very competent lately, and how would they attract more clients and maintain as well so that the flow will always continue. These factors alone is a deciding point before starting the business and if they cannot answer either one of them, then it's not yet time for them to build one.

[Slow death]

Casinos are really making money that is why we are seeing new casinos being launch online and there numbers are increasing everyday. Influencers especially gambling ones are earning big from casinos because they are always inviting people to Casinos which is what is making many casinos keep having traffic. There are some bet that the house for have an edge over gamblers during winning that is why many of these casinos would never go bankrupt unless the team are misusing the casino funds anyhow.

No doubt, nobody especially inside the millionaire and billionaire's club will step into that kind of business if it's not paying that much. Before they venture in that kind of business, they have already made their studies on how they could improve their probability as casinos have been very competent lately, and how would they attract more clients and maintain as well so that the flow will always continue. These factors alone is a deciding point before starting the business and if they cannot answer either one of them, then it's not yet time for them to build one.

in my opinion, the rich hire companies specializing in market research and statistics that assess the risk vs benefit of creating an online casino and with that the rich decide whether or not to go ahead with the business, if we look closely we will see that there are no famous millionaires that an online casino is running and I think that the reason is precisely because in the online casino there is less interaction between customers, so the owner of the online casino will not have much to do in the casino and also because of the issue of licenses, many rich people do not come curacao as a big country with a good reputation when it comes to laws so this keeps famous rich people from creating online casinos

A rich person from the USA or Europe or Japan will prefer to create physical casinos in the USA or Europe or Japan because with that they will be able to attract their very rich friends and their millions of fans to go and play in their physical casino and in the physical casino they will not have problems with government laws. there is still a long way for online casinos to be able to obtain a license from countries in europe and the usa, probably on the day that happens then we will see that this online casino market will be highly respected by the governments of these important countries

[BitcoinTurk]

I am just curious about how does online casino pay for their promotion on their influencers? Where does their earning comes from? How will you get scammed when you try online casino? How can you tell that online casino is safe?

First of all, if I have to comment on my own, I'm not trusting influencer ads because they are paid for it. Of course, it would not be right to evaluate everyone in general but in general many of them get serious amounts of payment for these promotions. For this reason, they don't make much research or review on the online casino being promoted. Online casinos promoting in this way naturally generate revenue from the gambles played and lost by users. Since it is a gamble it is not difficult to earn all of the advertising expenses.
In order to be scammed by an online gambling site, it will be enough to gamble without doing any research about this service. In order to identify reliable online gambling sites, it will be sufficient to seek answers to the following questions;

- How long has the website been active?
- How is user satisfaction?
- How are the reviews and comments made by users?
- What kind of problems did users experience while using this service before?
- Is the background of the people or companies providing this service in this sector sufficient?
- Does the online website providing this service have a license?

A little research will suffice to get the answers to all these questions. According to the results of this research, it can be concluded whether that service is reliable or not.

[swogerino]

Casinos are really making money that is why we are seeing new casinos being launch online and there numbers are increasing everyday. Influencers especially gambling ones are earning big from casinos because they are always inviting people to Casinos which is what is making many casinos keep having traffic. There are some bet that the house for have an edge over gamblers during winning that is why many of these casinos would never go bankrupt unless the team are misusing the casino funds anyhow.

But not all new casinos can compete with other new or old casinos because gamblers will choose a casino based on what they are looking for. It might be easy to launch that new casino but difficult to sustain it, let alone grow it until it becomes big and reputable. And this can only be achieved by a casino with a team that works hard and wants to make their business big. And to develop the casino to become big, it is necessary to promote and some casinos hire influencers to help market their casino.

Aside from what is stated, casinos also need to give more bonus to their existing clients and offers big bonuses to their new ones or give more what you're competitor offers to their own casinos. These may sound expensive and not profitable but in the long run, it will be all worth it, it's just all about sacrifice to be more known so that many customers will flock towards you as that will mean a steady flowing income.

This is a proven working strategy.Stake one of the big casinos have been implementing this from quite some time now and yes they give a lot of money in free bets,with monthly bonuses to their user base which is a big one but in the end they get rewarded as most likely 99% of the users lose this money and continue playing by depositing money and making a profit to the casino.This has this benefit described here but also another one,I as a happy gambler that receive this free bonus will tell my friends,hey listen you get this free money if you are a gambler that wagers a lot and I will do free publicity to them,the same for an influencer,they are paid money to play with big bets in order to attract more people to gamble.

[AicecreaME]

Casinos are really making money that is why we are seeing new casinos being launch online and there numbers are increasing everyday. Influencers especially gambling ones are earning big from casinos because they are always inviting people to Casinos which is what is making many casinos keep having traffic. There are some bet that the house for have an edge over gamblers during winning that is why many of these casinos would never go bankrupt unless the team are misusing the casino funds anyhow.

No doubt, nobody especially inside the millionaire and billionaire's club will step into that kind of business if it's not paying that much. Before they venture in that kind of business, they have already made their studies on how they could improve their probability as casinos have been very competent lately, and how would they attract more clients and maintain as well so that the flow will always continue. These factors alone is a deciding point before starting the business and if they cannot answer either one of them, then it's not yet time for them to build one.

This is right. If it's not profitable, they wouldn't really put their fund into it. It will be totally useless to invest over something that you know wouldn't thrive and generate profit in the long run. Since they have business-mindset they will opt to venture into something that can withstand the test of time despite many arising competitors. Of course, they have their financial advisors and they calculate their every step and plans they take so they will experience lesser hassle on their end.

They won't be millionaire if it weren't for this kind of mindset. Unless of course they are old rich that have generational wealth.

[Aikidoka]

Casinos don't take as much risk as gamblers do. They typically make a profit saying over 90% and to be honest I have never heard of a casino losing money so far.

I am just curious about how does online casino pay for their promotion on their influencers?

They have a capital to start with and they use it for promotion. They can promote their gambling site or services on various forums or websites.

Where does their earning comes from?

It's a simple answer: from users who gamble on their website

How will you get scammed when you try online casino? How can you tell that online casino is safe?

You are more likely to be scammed when attempting to withdraw a big win, with the casino that have no money to pay big wins they'll just buy time and wait for other players to play and lose so they can pay you. It is advisable to avoid such unknown casinos. To ensure the safety of a casino, you should read reviews about it or check their website on trustpilot

[LUCKMCFLY]

I recently discovered that I signed up for a casino without thoroughly reading its terms and conditions agreement. But of course this was entirely my fault even that I am still bothered by the withdrawal requirements on deposits. It is well known that deposit bonuses or any bonus offered by a casino will have wagering requirements that goes to x50 or more. What truly concerns me is the 5X wagering requirement on normal deposits without any bonus in order to withdraw the initial deposit or winnings.
To clarify things better here is an example : if you were to deposit $1000 and win $200 in your first few games then you wouldnt be able to withdraw your winnings or even your deposits without wagering at least $5000. This means that 80% of the time, you would lose your money before reaching the required amount.
In my opinion this term is unfair. I am not attacking any specific casino, but I do believe that if users were aware of these requirements they would be less likely to deposit their money in such casinos since there are other casinos without such stringent requirements.

Wow. That's a lot of percentages to gain first before you take out your initial investment capital with that game. Unless you gamble luckily on short period of time, you will reach that wagering requirement. They are holding your fund and you feel not in control of your own money. That simply means the casino puts a lot of pressure to the players and let them gamble irresponsibly from unrealistic goal and expectation. 

Bonuses won't compensate for the money lost if it's gambled irresponsibly.

Well, we actually lose control of our money the moment it leaves our non-custodial wallet to move into a casino, not peculiar to gambling casinos though, it is the same for centralized exchanges and other businesses that are centralized..

This is why I said, earlier that, most times, deposit bonuses and other forms of bonuses are kind of a trap, a strategy most casino use to hold the gambler to some kind of ransom, this is one of the reasons I dont seem to pay attention to bonuses most times., because it's hard for any casino to offer a bonus without any strings attached.

For this reason it is said that once our money has left our wallet and we enter it into a casino or an exchange, that money is no longer ours, and it is our responsibility to use it for what it is and to be able to win and withdraw with success , but when we trust high-level casinos I think there is a little more security and confidence there , for example I know that freebitco.in is a casino that has always promoted its site as a wallet and that it gives annual profitability, in which In the case of stake.com, it is also a casino where we can Protect our money and enjoy some security , of course , taking into account security Resources such as 2FA.

[Fortify]

I am just curious about how does online casino pay for their promotion on their influencers? Where does their earning comes from? How will you get scammed when you try online casino? How can you tell that online casino is safe?

The casino in this scenario is taking a rather small and calculated risk, hell - they are simply diversifying their many advertising streams, one of which will be to use streamers to promote their services. In many cases these streamers are very valuable to them, as they have a much more personal connection to their audience, who might be more willing to participate in activities that are promoted by this semi-celebrity in their eyes. The fact that they are not always labelled as receiving paid endorsements (even if this is illegal in their jurisdiction) is another bonus to casinos & sportbooks. There are some casinos out there who do not use these advertising methods, but you'll find they are eventually pushed out by the bigger ones who use these strategies, even if it seems unfair.

[len01]

In my opinion, everything is in the hands of the team itself, which is responsible for developing and making some improvements to casino features and promotions because the owner only provides what the team needs and also observes the development of the casino business that he has.
Competition in the casino business is indeed very tight lately, so the team must have ideas to provide an advantage that other casinos don't have so that there will be special interest from gamblers.
In fact, some casinos are willing to spend large amounts of money to hold promotions or contests so that more and more gamblers are interested, even though this promotion or contest is still uncertain whether the budget used will provide satisfactory results or not, but this is what the casino business must dare to take decisions even involving large amounts of money for the sake of the development of the casino itself.

although the competition is very fierce in the gambling industry, but if the casino already has a lot of customers as well as one of the biggest casinos I don't think it is necessary to carry out promotions that spend too much money to attract the attention of new customers. because if the casino has become big, of course it will be enough to do advertisements, of course, people out there will already recognize that the casino is very big and trusted, so there is no doubt thinking about any risks.
except for the things you mentioned are done by small casinos that have to compete with casinos that are already big.

[LUCKMCFLY]

Casinos are really making money that is why we are seeing new casinos being launch online and there numbers are increasing everyday. Influencers especially gambling ones are earning big from casinos because they are always inviting people to Casinos which is what is making many casinos keep having traffic. There are some bet that the house for have an edge over gamblers during winning that is why many of these casinos would never go bankrupt unless the team are misusing the casino funds anyhow.

But not all new casinos can compete with other new or old casinos because gamblers will choose a casino based on what they are looking for. It might be easy to launch that new casino but difficult to sustain it, let alone grow it until it becomes big and reputable. And this can only be achieved by a casino with a team that works hard and wants to make their business big. And to develop the casino to become big, it is necessary to promote and some casinos hire influencers to help market their casino.

Aside from what is stated, casinos also need to give more bonus to their existing clients and offers big bonuses to their new ones or give more what you're competitor offers to their own casinos. These may sound expensive and not profitable but in the long run, it will be all worth it, it's just all about sacrifice to be more known so that many customers will flock towards you as that will mean a steady flowing income.

I agree with what you say, for me what can be done is that those who want to receive bonuses well welcome, but the bonuses in what I have of experience I would not take nor would it attract me, mostly because of the amount of requirements that have to be met, it is very annoying to take a bonus and for it to be enjoyed you have to play at least 20 times to be able to withdraw, so it is not a bonus for me something that has so many demands, for me a good A bonus is what can be given for free, or a "bonus" is assigned for the number of games that have been played and the person can continue playing, but when it is conditioned, I think that many will not take it because they know that the The things they demand are very difficult and sometimes a lot of capital is lost by taking a bonus, so for me it is not Feasible , but every casino has its Way of doing things and it is Respected.