How honest and transparent are casinos?

[ajochems]

Most of the casino works with big money, So they won’t scam for the little money. Which you mean as the bonus to the participants, the bonus is nothing to the trusted gambling or casino. If you want to check to find the bonus program of certain website, you should apply for it. Then check whether they paying you the bonus or not. The good gambling site ready to pay you even 1000 dollars as a bonus for the big deposit. Bonus program is used by the website to get attractions among gamblers, I don’t think they will scam on such program.

[swogerino]

They cannot publicly display the list of who is getting how much bonus or drops, as this will lead to the violation of the user’s privacy policy. Moreover why are you caring for other people? If you are getting your rewards as promised, then definitely others might be getting the same also. Regarding the honesty, then your only concern should be how fair the games are that you are playing. You can easily verify the seeds of the game and can easily conclude that whether the casino is honest and transparent or not. Hope this clears some of your doubts OP.

We cannot expect 100% transparency from them because it will also put their business at risk knowing a lot would be eyeing to them especially that there is tight competition in the market. So as much as they want to be honest and transparent to you, just think that they are also doing it to other players. No need to publicly display those who have received their bonuses, after all you will see series of complaints if there are those who have been lied about their promised bonuses or rewards.

Funnily enough, they have one of the simplest business models on the planet. Build some games that can take in money, build enough security around them in many forms to keep the funds safe, hire a customer service team and then try to acquire as many new customers (including via special promotions) because each new one will generally be handing you free money because they don't understand the odds involved. Sportbooks get slightly more complicated as you need to do a lot of data crunching and analysis, even if outsourced, in order to be able to offer competitive odds and also make sure that you're not getting tricked in all sorts of different ways like match fixing.

I would agree with everything except sport betting.In the beginning for new prospects which register at the casino they will have some difficulties and they will lose money but with the passing of time they may grasp the concept well enough to keep making money consistently and becoming a "burden" for the casino as they will not be giving money to the casino but will be getting money out of the casino.Of course the number of such individuals is very low compared to the ones losing money so the casino does not care as overall they will be making money.

[Kakmakr]

Most of the casino works with big money,So they won’t scam for the little money.Which you mean as the bonus to the participants,the bonus is nothing to the trusted gambling or casino.If you want to check to find the bonus program of certain website,you should apply for it.Then check whether they paying you the bonus or not.The good gambling site ready to pay you even 1000 dollars as a bonus for the big deposit.Bonus program is used by the website to get attractions among gamblers,I don’t think they will scam on such program.

No, friend..... we are talking about daily drops and a lot of them for 1000s of people. So, in the long run.. it adds up to a LOT of money in a year. Remember one thing.... if a casino are dishonest about one thing, then they might be dishonest with a lot of the other things they do too.

We are the watchdogs for many people who might want to gamble at Crypto casinos.. so we must get rid of the "bad" apples to convince potential gamblers that Crypto casinos are not scams. 

[stomachgrowls]

They cannot publicly display the list of who is getting how much bonus or drops, as this will lead to the violation of the user’s privacy policy. Moreover why are you caring for other people? If you are getting your rewards as promised, then definitely others might be getting the same also. Regarding the honesty, then your only concern should be how fair the games are that you are playing. You can easily verify the seeds of the game and can easily conclude that whether the casino is honest and transparent or not. Hope this clears some of your doubts OP.

We cannot expect 100% transparency from them because it will also put their business at risk knowing a lot would be eyeing to them especially that there is tight competition in the market. So as much as they want to be honest and transparent to you, just think that they are also doing it to other players. No need to publicly display those who have received their bonuses, after all you will see series of complaints if there are those who have been lied about their promised bonuses or rewards.

Funnily enough, they have one of the simplest business models on the planet. Build some games that can take in money, build enough security around them in many forms to keep the funds safe, hire a customer service team and then try to acquire as many new customers (including via special promotions) because each new one will generally be handing you free money because they don't understand the odds involved. Sportbooks get slightly more complicated as you need to do a lot of data crunching and analysis, even if outsourced, in order to be able to offer competitive odds and also make sure that you're not getting tricked in all sorts of different ways like match fixing.

Might sound easy as a business owner or something that do talks about the business model on how its been done but getting your first customer would be the toughest challenge of all and just able to sustain and make them stay would really be that not that simple. Of course they would really be making themselves as legit and reputable and could be trusted which they would really be doing things on what should really be done.
Transparency is what most gamblers do really love want to see but we know that everything couldnt really be just be showed because technical aspects arent something that could be anytime be understandable
by most gamblers. As long you are dealing with the right and popular ones then consider that they are running some fair business.

[Wiwo]

I don't know casinos are viewed as a bad actor in the cryptocurrency market but for the fact that gambling have helped to solve so many mental stress issues and other work related symptom it quite unfair to refer to casino as questionable business not doubting the fact that there are also several negative implication in gambling such as gambling addictions.

 So if we must discuss reputation, because even though the house system is designed to favour the house edges,  and players only when there is high luck, but then players are still patronising most new and old casino won't means the reward.

[FatFork]

Most of the casino works with big money, So they won’t scam for the little money. Which you mean as the bonus to the participants, the bonus is nothing to the trusted gambling or casino. If you want to check to find the bonus program of certain website, you should apply for it. Then check whether they paying you the bonus or not. The good gambling site ready to pay you even 1000 dollars as a bonus for the big deposit. Bonus program is used by the website to get attractions among gamblers, I don’t think they will scam on such program.

Yes, it's true that most casinos deal with large sums of money and may not risk their reputation by scamming players out of small bonuses. However, it's important to remember that not all casinos operate in the same way, and even small bonuses can add up and make a big difference for players. Besides, applying for a bonus and waiting to see if you receive it is not always the most efficient method. It's better to check reviews from other players to get an idea of the website's reputation. This can help you avoid any potential scams or issues down the line.

So if we must discuss reputation, because even though the house system is designed to favour the house edges,  and players only when there is high luck, but then players are still patronising most new and old casino won't means the reward.

What the heck are you blabbering about?
What you said was a little jumbled, to put it mildly. It could use some improvement.

[Johnyz]

I don't know casinos are viewed as a bad actor in the cryptocurrency market but for the fact that gambling have helped to solve so many mental stress issues and other work related symptom it quite unfair to refer to casino as questionable business not doubting the fact that there are also several negative implication in gambling such as gambling addictions.

Gambling can still be consider as one of the reason why many are suffering from a mental health, many lose a lot of money here and also themselves. So I'm wondering where did you get the fact that gambling solved many mental stress issues. Anyway, being curious for this is fine as long as you don't make accusation probably we are just curious if they are really paying the reward or just stop the promotions when there's enough participants already, hard to tell and most of the time casinos will not disclose this which can create a speculation.

[molsewid]

Most of the casino works with big money, So they won’t scam for the little money. Which you mean as the bonus to the participants, the bonus is nothing to the trusted gambling or casino. If you want to check to find the bonus program of certain website, you should apply for it. Then check whether they paying you the bonus or not. The good gambling site ready to pay you even 1000 dollars as a bonus for the big deposit. Bonus program is used by the website to get attractions among gamblers, I don’t think they will scam on such program.

Hmmm maybe it is still possible for a casino to say that they give this amount of drops in this xx people but then OP can try to check for the website traffic, I am not so sure but maybe semrush can help? it can help you to know how many visits per day does this website can have maybe with some deep searching he can also see if they sent a lot of email to the users? again only the traffic.

[pawanjain]

Most of the casino works with big money,So they won’t scam for the little money.Which you mean as the bonus to the participants,the bonus is nothing to the trusted gambling or casino.If you want to check to find the bonus program of certain website,you should apply for it.Then check whether they paying you the bonus or not.The good gambling site ready to pay you even 1000 dollars as a bonus for the big deposit.Bonus program is used by the website to get attractions among gamblers,I don’t think they will scam on such program.

No, friend..... we are talking about daily drops and a lot of them for 1000s of people. So, in the long run.. it adds up to a LOT of money in a year. Remember one thing.... if a casino are dishonest about one thing, then they might be dishonest with a lot of the other things they do too.

We are the watchdogs for many people who might want to gamble at Crypto casinos.. so we must get rid of the "bad" apples to convince potential gamblers that Crypto casinos are not scams. 

No matter how much we try but in the end there will still be new casinos popping up who will try to lure users to deposit on their site and then scam them.
Taking out the bad apples will leave us with the good apples but the new ones won't be guaranteed to be good too.
All we can do is do our due diligence to research about the site before making any kind of deposits.

[uneng]

Most of the casino works with big money, So they won’t scam for the little money. Which you mean as the bonus to the participants, the bonus is nothing to the trusted gambling or casino. If you want to check to find the bonus program of certain website, you should apply for it. Then check whether they paying you the bonus or not. The good gambling site ready to pay you even 1000 dollars as a bonus for the big deposit. Bonus program is used by the website to get attractions among gamblers, I don’t think they will scam on such program.

Hmmm maybe it is still possible for a casino to say that they give this amount of drops in this xx people but then OP can try to check for the website traffic, I am not so sure but maybe semrush can help? it can help you to know how many visits per day does this website can have maybe with some deep searching he can also see if they sent a lot of email to the users? again only the traffic.

The promotion model (prize draw for limited number of users) at online platforms involving thousands or hundreds of thousands participants from different places in the world can't work in a 100% transparent format, because there will never be a certain way to make sure every winners are real legit players. I believe website traffic neither any other tools can help on this case. That is the kind of competition you have to trust a lot the house's legitimacy to participate.

[death69]

They cannot publicly display the list of who is getting how much bonus or drops, as this will lead to the violation of the user’s privacy policy. Moreover why are you caring for other people? If you are getting your rewards as promised, then definitely others might be getting the same also. Regarding the honesty, then your only concern should be how fair the games are that you are playing. You can easily verify the seeds of the game and can easily conclude that whether the casino is honest and transparent or not. Hope this clears some of your doubts OP.

We cannot expect 100% transparency from them because it will also put their business at risk knowing a lot would be eyeing to them especially that there is tight competition in the market. So as much as they want to be honest and transparent to you, just think that they are also doing it to other players. No need to publicly display those who have received their bonuses, after all you will see series of complaints if there are those who have been lied about their promised bonuses or rewards.

Funnily enough, they have one of the simplest business models on the planet. Build some games that can take in money, build enough security around them in many forms to keep the funds safe, hire a customer service team and then try to acquire as many new customers (including via special promotions) because each new one will generally be handing you free money because they don't understand the odds involved. Sportbooks get slightly more complicated as you need to do a lot of data crunching and analysis, even if outsourced, in order to be able to offer competitive odds and also make sure that you're not getting tricked in all sorts of different ways like match fixing.

Might sound easy as a business owner or something that do talks about the business model on how its been done but getting your first customer would be the toughest challenge of all and just able to sustain and make them stay would really be that not that simple. Of course they would really be making themselves as legit and reputable and could be trusted which they would really be doing things on what should really be done.
Transparency is what most gamblers do really love want to see but we know that everything couldnt really be just be showed because technical aspects arent something that could be anytime be understandable
by most gamblers. As long you are dealing with the right and popular ones then consider that they are running some fair business.

Nabbing that first client can feel like seeking a needle in an ocean of hay, especially in the early stages. Fear not! Once you've snagged them, ensure they're as content as a pampered feline. You don't want them scampering off to scratch another's sofa!

Transparency is crucial; be candid with your clientele. Yes, technicalities can get convoluted, but it's possible to elucidate matters so even a spud comprehends. Make it easy-peasy, clarifying potential gains and losses. And for that extra sparkle, sprinkle in delightful kitty clips for entertainment!

Bear in mind, being genuine and esteemed is vital for drawing and retaining patrons. Don't morph into a swindling feline snatching their cash. Be the hip cat offering a just and enjoyable experience for all. Purr!

[Davidvictorson]

I think that this is a pretty straightforwardd answer. And whatever answer any users gives is based off of
- if they had read the terms and conditions of the casino offering such bonus
-if they understood the terms and conditions
- if they had read reviews of the casino online before joining in any promotion.

I personally do not believe that a drop is for 2500 people will reach them all. There is no way. That is just a promotional strategy to drive more traffic to their sites. Secondly there are fake reviews and there are real reviews, so you must develop an eye for spotting the difference. Lastly, honesty and transparency in online casinos from the standpoint of the client are subject, it depends on the user's experience and other factors.

[348Judah]

Most of the casino works with big money, So they won’t scam for the little money. Which you mean as the bonus to the participants, the bonus is nothing to the trusted gambling or casino. If you want to check to find the bonus program of certain website, you should apply for it. Then check whether they paying you the bonus or not. The good gambling site ready to pay you even 1000 dollars as a bonus for the big deposit. Bonus program is used by the website to get attractions among gamblers, I don’t think they will scam on such program.

Its not about a casino having big money or not, it's a matter of whom they were, you can imagine if the accumulation of thousands and millions of people were being denied access to their deposit from a casino, each having little or more money on their casino wallet, this will definitely sum up to a very huge amount of money, therefore you need to research well on a casino before choosing them in other for them not to cart away your money over night among others.

[ethereumhunter]

Most of the casino works with big money, So they won’t scam for the little money. Which you mean as the bonus to the participants, the bonus is nothing to the trusted gambling or casino. If you want to check to find the bonus program of certain website, you should apply for it. Then check whether they paying you the bonus or not. The good gambling site ready to pay you even 1000 dollars as a bonus for the big deposit. Bonus program is used by the website to get attractions among gamblers, I don’t think they will scam on such program.

Some casinos work by cheating small money so it's still money for the casino. They will not hesitate to take it from gamblers by beating them in gambling games. We often hear that many people have experienced defeat at gambling and even though they took promotions and got bonuses, many gamblers have lost. So if the casino is a scam, the casino will use all means to take the customer's money and even if the customer complains about the problem to the support service, it will not be resolved properly.

[Sandra_hakeem]

Some casinos work by cheating small money so it's still money for the casino. They will not hesitate to take it from gamblers by beating them in gambling games. We often hear that many people have experienced defeat at gambling and even though they took promotions and got bonuses, many gamblers have lost. So if the casino is a scam, the casino will use all means to take the customer's money and even if the customer complains about the problem to the support service, it will not be resolved properly.

The thing is....
They'll get to incentivise a little cash into anyone that gets registered; more like a jetpack or a starter pack.... That ofcourse will entice any regular gambler ASAP.
Now, on the other way round, they'll also devise a means to 'em back; via loses and unduly overcharge or combo minus, depending on what the case might be. It's a give and take process yunno...

Sandra 🧑‍🦰

[Casdinyard]

Most of the casino works with big money, So they won’t scam for the little money. Which you mean as the bonus to the participants, the bonus is nothing to the trusted gambling or casino. If you want to check to find the bonus program of certain website, you should apply for it. Then check whether they paying you the bonus or not. The good gambling site ready to pay you even 1000 dollars as a bonus for the big deposit. Bonus program is used by the website to get attractions among gamblers, I don’t think they will scam on such program.

Its not about a casino having big money or not, it's a matter of whom they were, you can imagine if the accumulation of thousands and millions of people were being denied access to their deposit from a casino, each having little or more money on their casino wallet, this will definitely sum up to a very huge amount of money, therefore you need to research well on a casino before choosing them in other for them not to cart away your money over night among others.

Exactly. No matter how big or small the money in the casino owner's pocket is, if they plan to cheat and take advantage of the customers they have, they'll do it regardless of the status and the reputation of their casino. Although of course, it still is a good rule of thumb to only choose casinos with a large treasury for other reasons such as fast and safe withdrawal and such. But I digress, there are very little chances of Casinos, especially ones that are reputable enough to garner a wider range of audience to cheat on their players. That's just a recipe for failure in my opinion and would equate to them losing their playerbase when found that they are indeed committing these crimes.

[coupable]

^

Believe me, the casino license is much less important thing than the reputation, because the license is needed only because it is a requirement of the regulators, like KYC and AML.

But the reputation is earned over the years and is the best indicator of a casino in relation to customers, and in absolutely all plans.

Many gamblers do not care whether a casino has a license, but the reputation is not.

Being a licensed casino is part of the trust protocol. These licenses guarantee the user the ability to file a lawsuit in the event of any unexpected problems with the platform. Almost all trusted platforms are licensed platforms, and these licenses make it easier for the user to know the party they are dealing with, because I imagine that unlicensed casinos often operate anonymously.
Personally, I always prefer apps and solutions that guarantee privacy, but with casinos and centralized platforms in general, it is better that they are licensed. I think a large percentage share the same opinion with me.

[livingfree]

And even you approach and ask them how the procedure went, it's unlikely they'll answer it. Well, if I'm a winner, I won't be interested anymore to know how I've won with such.

Although some sort of verification needed to be done by them in able to verify and confirm that the winners deserve it. It's a lot of work if the winners numbers are a lot, coming from hundreds to thousands.

That's a lot of time needed for them check each of them and somehow it's a thought that counts for someone like OP. But as the majority wouldn't think of it especially if they're picked and part of the list.

If you are a winner then you wouldnt really be raising up some questions because who would be the one to raise up such concern when you are included with those selection? You are just finding
yourself into some possible argumentation which would be ending up on voiding your win and would choose up for another winning.This is why it would really just that normal that you wouldnt
be raising up questions but for those people who hadnt been chosen then that people are the ones who would be raising up questions in regarding with the results which is something
not that shocking.

No one I guess will argue to the casino if ever he's found the winner and if I am a winner, no more talks and will just be patiently wait for the prize to be received.

But one thing is for sure, we'll never know information like this and they'll keep it sensitive and hidden because that might be their unspoken rule that no one should know who are the actual winners.

And it's up to those who haven't won if they'll believe the set of winners or not as there's nothing can be done by any single individual whether he's a winner or not or just a speculator.

[Obari]

Is there any list of people to be considered when a bonus is given out ?
I don't think a casino will have to cheat their players over bonuses and if from your illustration,if the casino wants to give out prizes to over five hundred persons, there is no need to over exaggerate on the number of persons to be given the award because I think and at some point believe that casinos wouldn't want to risk their reputation over bonuses and promotions which aren't event mandatory.
I wouldn't say the casinos are cheating us because you need to think of how much money those casinos make from plyers and gamblers a day and that is why they have to spend so much on marketing and promotions to gain more visibility and players.

[Huppercase]

I don't know casinos are viewed as a bad actor in the cryptocurrency market but for the fact that gambling have helped to solve so many mental stress issues and other work related symptom it quite unfair to refer to casino as questionable business not doubting the fact that there are also several negative implication in gambling such as gambling addictions.

There are some high profile religius leader that preach against gambling, whether with crypto or without it, they say it is haram which means it is forbiden for the youth to endulge in the activity; Gambling has also help some people kill time and also fun, put the money picture and you will find out that so many lives has been lost as a result of gambling, all human on earth don't have the brain to accept loss when it occur to them.

So if we must discuss reputation, because even though the house system is designed to favour the house edges,  and players only when there is high luck, but then players are still patronising most new and old casino won't means the reward.

The devil you know is better than the angel that will deceive you, some people stick to one particular gambling for some reasons but all gamblers don't joke with security, anything that will affect their balance, they don't joke with and other minor features and that is why I think gamblers stick to one casino.