Kakmakr (OP)
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Leading Crypto Sports Betting & Casino Platform
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April 03, 2023, 05:54:38 AM |
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I have seen several casinos with promotions where they do "drops" to thousands of people or they give bonuses to several gamblers, but how transparent is this process? Do you think casinos are really doing these drops to 1000s of people or are they skimming from the top.... ? They might say a drop is for 2500 people, but they might only drop for 500 people and nobody will know. Yes, some of those 500 people will report that they have received the drop and it will look legit.... but is it really? How can the gamblers verify that the actual amount of people are receiving the drop or the bonus, if there are no list to verify it? Let's discuss this.. I am curious if other people also thought about this... ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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BitcoinGirl.Club
Legendary
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Activity: 2898
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Bitcoingirl 2 is downloading 💓
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April 03, 2023, 06:05:05 AM |
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I have seen several casinos with promotions where they do "drops" to thousands of people or they give bonuses to several gamblers, but how transparent is this process?
Do you think casinos are really doing these drops to 1000s of people or are they skimming from the top.... ? They might say a drop is for 2500 people, but they might only drop for 500 people and nobody will know. Yes, some of those 500 people will report that they have received the drop and it will look legit.... but is it really?
It's hard to tell which is true and which is hoax. But Casinos and Sportsbooks make enough money to spend that seems huge to us and for them it's peanuts. Only someone who owns a successful gambling business can tell us the truth but I bet they are not going to tell their secrets in a public forum. One thing is 100% sure which is when you see the streamers are betting hundreds of dollars and losing hundred thousands of dollar in a live session, are all faked. Usually the casino and these streamers have a deal. They give the streamer fake balance and streamers show off his gambling stakes. It's win-win for both casino and streamer. Streamer receives attention and increase followers on their channel, the casino receives exposures for it's name.
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davis196
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April 03, 2023, 06:36:21 AM |
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Does it have to be transparent? The casinos decide what to do with their own money and who to give bonuses to. They want to make more money, who are we to judge them? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The gambling businesses aren't charity foundations, after all. They don't have any social and moral obligations(sad, but true). I'm pretty sure the casinos will give "drops" and bonuses to the most hardcore gamblers, in order to keep them spending money on the casino. There's no point giving away money and bonuses to new players, who might play once or twice and leave the casino after a while.
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klidex
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April 03, 2023, 06:43:23 AM |
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Sometimes I think as you think, For me it's not a big deal but just about being honest about what they do. I myself don't really care about those things and what I know is that I gamble to entertain myself and I gamble in casinos that are trusted and provide the best for their users. I don't care how honest the casino is to the customer I'm sure the established casinos will give their best. Regarding publication, it is very unlikely that casinos will publish it because it is a way of marketing that is personal and not for publication and I don't have much time to constantly think about it. Enough betting and having fun, About the honesty of the casino let it be their business.
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Oshosondy
Legendary
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Activity: 1568
Merit: 1167
Gamble responsibly
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April 03, 2023, 06:54:03 AM |
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Do you think casinos are really doing these drops to 1000s of people or are they skimming from the top.... ? They might say a drop is for 2500 people, but they might only drop for 500 people and nobody will know. Yes, some of those 500 people will report that they have received the drop and it will look legit.... but is it really?
I have only be using a reputable casino, or a casino that I make my investigations and highly believe they are reputable enough not to cheat. I have claimed deposit bonus many times and all the casinos I have used that promises the bonus all gave me the bonus. I think so will other promotional offers be too. There is one thing about casino, if you play and you continue to play, be given bonus, there is the possibility that you will lose your bonus back to the gambling site. If a gambling site is having good reputation, I do not think you have anything to worry about their promotion offers.
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TheUltraElite
Legendary
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Activity: 2996
Merit: 1315
So anyway, I applied as a merit source :)
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April 03, 2023, 06:54:36 AM |
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Old and reputed casinos would never scam you, they can but the chance is very tiny, considering their presence and their userbase who support them. You don't want that support group to turn to a mob.
These things are difficult to verify on your own so it might seem like a suspicious thing from one side. Best to not use that casino for your mental peace. Question is whether you are going to investigate that yourself or just let the casino do as it pleases?
But I can say that there are programmers who verify alogrithm and all to mark those casinos as legit from this forum.
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piebeyb
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Activity: 2408
Merit: 1038
Bitcoin Trader
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April 03, 2023, 06:56:52 AM |
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Does it have to be transparent? The casinos decide what to do with their own money and who to give bonuses to. They want to make more money, who are we to judge them? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The gambling businesses aren't charity foundations, after all. They don't have any social and moral obligations(sad, but true). I'm pretty sure the casinos will give "drops" and bonuses to the most hardcore gamblers, in order to keep them spending money on the casino. There's no point giving away money and bonuses to new players, who might play once or twice and leave the casino after a while. I always agree with this, people always equate casinos with charities expecting free money from there, after all it is their right too regardless of how they are distributed, whether it is transparent or not is not our business, after all it is money they want to give to anyone they want and are not obligated to be transparent in this regard. I think this discussion is just a waste of time
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Trade on the go. Anywhere, anytime.
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Ojima-ojo
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April 03, 2023, 07:01:32 AM |
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Just like the saying goes with exchange not your key, not your coin, the same applies to casino bonuses or airdrops, not your win not your money, so if a casino promises anything in form of an Airdrop they can decide who they give the drop to or who not.
Same as casino control the probably fair system, to the point were the system is designed to favor the house agasint the player same way they could choose who qualify for the drop and who not, this is a standard practice for most of the casinos.
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Mauser
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April 03, 2023, 07:02:40 AM |
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I have seen several casinos with promotions where they do "drops" to thousands of people or they give bonuses to several gamblers, but how transparent is this process? Do you think casinos are really doing these drops to 1000s of people or are they skimming from the top.... ? They might say a drop is for 2500 people, but they might only drop for 500 people and nobody will know. Yes, some of those 500 people will report that they have received the drop and it will look legit.... but is it really? How can the gamblers verify that the actual amount of people are receiving the drop or the bonus, if there are no list to verify it? Let's discuss this.. I am curious if other people also thought about this... ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) These drops are not really that big compared to the average amount a gambler spends at a casino in a month. You can look at it as form of rake back from the casino and almost all the big casinos are offering these days. During the covid lockdowns we had a big boom in the online gambling industry and casinos needs to be competitive to attract new customers and maintain their gamblers. In my opinion these drops are legit and I haven't heard otherwise. Also most casinos have a chat window where you can actually see which players get the drops. For the casino it's a form of advertising and the players can't withdraw that money. For example at one poker casino where I play regularly, the give every gambler daily a 0.25 USD tournament ticket. You have to play with it and even when you win you can't withdraw that money, you need to play with 3x the amount you won before being eligible to withdraw. That is a great system as it increase the number of games at the casino and doesn't hurt much the profitability of the casino.
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cafter
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April 03, 2023, 07:03:42 AM |
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I mostly got bonuses when i done my account zero mean losed all, then after some times a message popups you got "rain" for crash reaching 100x, you got "rain" for x user won 1 million, and don't know about big players but, when i was winning then at that time i don't got bonuses, and also sites like stake, bcgame all give rains "rain" to those people who are active on chats, the casino no making any loss in giving bonuses , like palyers stay active on chat then they get distracted from there game and bet without concentrating and lose in the last. i think big sites are genuinely give bonuses because they and all know the power of a common men if anyone doubted that and made an video on youtube with proof then their brand image will get bad in front of us , so why they will fake bonuses, but i am skeptical about small new site who just tell that x number of users won bonuses worth $1000, to promote their site more. after all bonuses are so small like cents or some 1 or 2 dollars which is after all going to there pocket,
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_act_
Legendary
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Activity: 1008
Merit: 1272
Lightning network is good with small amount of BTC
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April 03, 2023, 07:08:47 AM |
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I mostly got bonuses when i done my account zero mean losed all, then after some times a message popups you got "rain" for crash reaching 100x, you got "rain" for x user won 1 million,
The bonus I got last was when I registered on a local gambling site and the bonus was 100% of the money I deposited, although the bonus was splitter into 10 different money which was 10 divided by the money that I deposited. I can use each to bet and it can expire after 7 days that I was given. I gamble and won but I was given the bonus. One thing about bonus is that they can have stringent rules that may discourage some people to use it, or not to use it in a way that can profit them.
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death69
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 03, 2023, 07:19:13 AM |
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The question of transparency in gambling establishment promotions is a legitimate issue that merits further examination. With the ongoing progress of technology, numerous inventive approaches can be employed to tackle this challenge.
One feasible solution involves the utilization of random number generators, which can guarantee impartial and transparent distribution of promotions. RNGs employ algorithms to generate random digits, which, in turn, can be applied to choose promotion beneficiaries without bias.
Another promising resolution is the adoption of blockchain technology, offering an unalterable record of all transactions and promotional activities. By capitalizing on the transparency and responsibility inherent in blockchain, casinos can ascertain equitable distribution of promotions and eliminate any possibility of illicit skimming.
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acroman08
Legendary
Online
Activity: 2450
Merit: 1104
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April 03, 2023, 07:24:38 AM |
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I am always sceptical about this too but I think there's really no way to know unless, as you said, they give a list to verify that they actually gave "drops" to thousands of people or gave bonuses to several gamblers. I guess we just need to take them for their word especially when it comes to big casinos that have a reputation to protect since scandal like faking their "drops" could stain their reputation and would not be good for their casino.
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iv4n
Legendary
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Activity: 3262
Merit: 1180
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April 03, 2023, 07:25:30 AM |
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It's hard to tell which is true and which is hoax. But Casinos and Sportsbooks make enough money to spend that seems huge to us and for them it's peanuts. Only someone who owns a successful gambling business can tell us the truth but I bet they are not going to tell their secrets in a public forum. One thing is 100% sure which is when you see the streamers are betting hundreds of dollars and losing hundred thousands of dollar in a live session, are all faked.
Usually the casino and these streamers have a deal. They give the streamer fake balance and streamers show off his gambling stakes. It's win-win for both casino and streamer. Streamer receives attention and increase followers on their channel, the casino receives exposures for it's name.
I agree with you, big casinos make big profits and it's not a big deal for them to make some drops here and there. I also think that most streamers are playing with fake balances, but they also make drops, and those drops are real. I guess we can say it's all marketing... casinos with drops/bonuses/promotions/wheels are more attractive. I believe that some casinos are doing these drops, but those drops always come with some catch. I don't remember the last time I got some cash drop, but free spins or free bet comes from time to time depending on a site and how active I am. The trick about these drops is that casinos don't really spend all that money, if they drop $5-$10 in free spins/bets to +1000 people, most of us will just lose that on a site. Just a few people manage to cash out some money.
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swogerino
Legendary
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Activity: 3276
Merit: 1245
Top Crypto Casino
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April 03, 2023, 08:24:56 AM |
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I have seen several casinos with promotions where they do "drops" to thousands of people or they give bonuses to several gamblers, but how transparent is this process? Do you think casinos are really doing these drops to 1000s of people or are they skimming from the top.... ? They might say a drop is for 2500 people, but they might only drop for 500 people and nobody will know. Yes, some of those 500 people will report that they have received the drop and it will look legit.... but is it really? How can the gamblers verify that the actual amount of people are receiving the drop or the bonus, if there are no list to verify it? Let's discuss this.. I am curious if other people also thought about this... ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Some casinos are very transparent about it.It shows such transaction in the form of a tip for example in the Stake casino while I am playing casino slots I have the habit to keep the chat open and as they promise they give random rain drops to Platinum VIP-s there and I can see the transactions as it shows there in the form of a tip from a moderator to that person.I have no way to verify further the internals but I think this is enough to judge if a casino is not lying to us and what furthers makes me believe it,is the weekly bonus and monthly bonus which all member from the first level of VIP and on.
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Helena Yu
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April 03, 2023, 08:33:01 AM |
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There's no way to know it because transaction inside the casino isn't recorded on blockchain, it's their own system and we can't verify it. The casino can upload an image if they were done the distribution, but remember how the current technology where we can easily manipulating an image by using photoshop isn't? The only way to verify it if the casino ask every users address, it's recorded on blockchain and we will know if they're distribute to every gamblers or not.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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mindrust
Legendary
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Activity: 3374
Merit: 2501
Payment Gateway Allows Recurring Payments
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April 03, 2023, 08:33:27 AM |
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Every business has its secrets. You can’t expect the casinos to be 100% transparent with what they do especially if this is a KYC-enabled casino we are talking about. I’ve seen casinos locking up user accounts without a valid reason before and when you ask them why, they say they can’t tell you the reason… But like I said this almost only happens with the KYC-enabled casinos. The moment you send them your passport scan, you are in their hands and they can come up with all the excuses to seize your money.
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IIrik11
Member
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🍀🍀🍀
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April 03, 2023, 08:33:38 AM |
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it really doesn't matter how many people they give bonuses too.
they make sure that nobody gets out with it.
this is why they put impossible wager requirements on them.
and therefore they really don't need to lie about it.
it is just a bit of lure to attract new players is all.
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Cantsay
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April 03, 2023, 08:49:18 AM |
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~~~ How can the gamblers verify the actual amount of people receiving the drop or the bonus if there is no list to verify it? Let's discuss this. I am curious if other people also thought about this... ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Even if they decide to publish a list for everyone to see how would you confirm that the list was not made up? The whole casino business works on trust the same we the bank work, everyone just hopes that they won't try to scam us (at least the ones that have a high reputation, not those new scam casinos everywhere ). And since we are dealing with the finance of other people it won't be reasonable to expose that to the public, having to complete KYC was a bit of a hassle for some people not to imagine sharing their balance in a casino with the. Public.
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Slow death
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April 03, 2023, 08:52:58 AM |
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Does it have to be transparent? The casinos decide what to do with their own money and who to give bonuses to. They want to make more money, who are we to judge them? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The gambling businesses aren't charity foundations, after all. They don't have any social and moral obligations(sad, but true). It is true that casinos are privately owned, not charitable institutions, but you are forgetting something very important: even if you have a company, be your company 100%, when you go public and say the following: " we will give 100$ bonus to 5000 people " from the moment you said that, you have a moral obligation to fulfill what you promised, it doesn't matter if the casino is yours, you promised and you must fulfill what you promised, unless something serious happens that prevents you from fulfilling that promise so in this case you need to go public and say that you are no longer going to give that bonus for reasons X and Z. now when you come to the public and promise 100$ bonus to 5000$ people and then you only give bonus to 500$ and don't tell people that only 500$ got bonus then you become a damn liar and it won't take even much time to make you scammers, because that is the attitude of a scammers, a serious and honest company would not do that kind of thing, a serious and honest person would not do that kind of thing. it's wrong to come and promote to give things to a certain number of people and then give a small number of people and lie that you gave to everyone There's no point giving away money and bonuses to new players, who might play once or twice and leave the casino after a while. bonus is a way to get people to play more at the casino, the problem is that currently there are too many casinos, so people can play today at casino X, not like it and move to casino Z. but this is a long subject , that I would have to write a lot about what I think about it, but in a few words the sign-up bonuses are no longer very attractive to keep customers in the casino for a long time, many new casinos do not have many resources when they are launched, so the only thing what is interesting are just the bonus and if there is a high requirement to claim the bonus then it will not make sense for the customer to remain in the casino
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