How honest and transparent are casinos?

[decodx]

I agree that transparency is essential for any online gambling website. Players want to know that they have a fair chance of winning, and that the results are not being manipulated in any way. It's good to hear that some reputable casinos are being transparent about their bonus programs and events. However, as was mentioned earlier, some of new casinos may not have a reputation yet, and it can be difficult to know if their bonus programs are fair and transparent. And also, some influencers and streamers may not be providing real or trusted results. That's why it's important to look for influencers and streamers who have a reputation for honesty and transparency, and who are not just in it for the money. Reading reviews and doing some research can help you avoid any potential scams or rip-offs.

[1714753447]

1714753447

[Lida93]

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?

Transparency amongst casinos is a key component to building trust and good reputation from the gamblers, hence every gambler is desperate to make use of those casinos they feel have a good level of transparency.

If we should critically look into this matter it could be discovered that one out of five casino's maintain a considerable level of transparency about their bonus offers while the rest are only camouflaging in the bid to attract more customers. And that's why it's recommended that every gambler should take in the time to do checks reviews and search for necessary informations about any potential online casino he wants to make use of. With this narrative put in place many casinos may risk low clientage and promotion, by that, transparency will be giving a serious attention than it's currently does among casinos.

[goinmerry]

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...  

I think there's technically no way for users to know that real deal about that.

I'm more of will just rely and depend on the site's reputation and believed they won't do some crappy things about that.

Not unless the site themselves will show a way to at least prove the fairness.

[Chikito]

However, as was mentioned earlier, some of new casinos may not have a reputation yet, and it can be difficult to know if their bonus programs are fair and transparent.

The only way to know if they pay the bonus is to try that casino, but of course, we will face doubt. It's okay if the new casino doesn't require KYC, we can try the casino if just register the username, spend a little money, try to get winning, and know if they pay the bonus. but it's hard to find something like that because Legit Casino today always requires for KYC.

So, the other way to know if they pay the bonus is by reading the preview, and the honest preview we can read is the bitcointalk forum.

[len01]

I agree that transparency is essential for any online gambling website. Players want to know that they have a fair chance of winning, and that the results are not being manipulated in any way. It's good to hear that some reputable casinos are being transparent about their bonus programs and events. However, as was mentioned earlier, some of new casinos may not have a reputation yet, and it can be difficult to know if their bonus programs are fair and transparent. And also, some influencers and streamers may not be providing real or trusted results. That's why it's important to look for influencers and streamers who have a reputation for honesty and transparency, and who are not just in it for the money. Reading reviews and doing some research can help you avoid any potential scams or rip-offs.

casinos that are already popular will definitely be more transparent to all their customers and always give their best for the reputation that has been built long ago.
regarding new casinos that are not transparent with customers there is a possibility that they just want to draw attention from some big bonus that is distributed but not according to what is said and the customer only believes that it is distributed according to what the casino says.
but it's hard to see how transparent a casino is to its customers in terms of distributing bonus prizes at certain events and I think choosing a casino that is already popular and has a good reputation, it's best to be clear transparent to its customers.

[sashapan]

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... 

Check it probably still impossible, but there are casinos for which these drops are an insignificant loss, so I think there is no point in cheating, and to get the drops need a good turnover - which is profitable for the casino, so if the casino says 2.500 activation, then so it is - why he trifle

[dezoel]

Personally, I pay very less attention to bonuses. Provided the casino is honest enough to give me my winning and they don't do any shady things with my account or fund them I'm cool. I only use casinos I trust.

There's actually no way to know if they actually keep their word but I believe it's just a marketing strategy.  They may actually give to some customers as you said and I also believe they will give to their regulars. Casinos make a lot of money so giving out bonuses to their regulars shouldn't be an issue for them because that money is just peanuts compared to what they make daily.

Even if they were giving away money, as you said, it wouldn't really cause them any harm as they probably make way too much profit and give away only a very small portion of it to the gamblers, but, they don't really give away money. It could be called money if it was cash balance given and was withdrawable without any requirements.

But bonuses aren't money and shouldn't be considered that, they are just bonuses or you could say, are chances given to players so that they can try and win some money with it, if they fail, it's gone, and even if they succeed, there are certain conditions to be met before they can cash it out.

[slapper]

Personally, I pay very less attention to bonuses. Provided the casino is honest enough to give me my winning and they don't do any shady things with my account or fund them I'm cool. I only use casinos I trust.

There's actually no way to know if they actually keep their word but I believe it's just a marketing strategy.  They may actually give to some customers as you said and I also believe they will give to their regulars. Casinos make a lot of money so giving out bonuses to their regulars shouldn't be an issue for them because that money is just peanuts compared to what they make daily.

Even if they were giving away money, as you said, it wouldn't really cause them any harm as they probably make way too much profit and give away only a very small portion of it to the gamblers, but, they don't really give away money. It could be called money if it was cash balance given and was withdrawable without any requirements.

But bonuses aren't money and shouldn't be considered that, they are just bonuses or you could say, are chances given to players so that they can try and win some money with it, if they fail, it's gone, and even if they succeed, there are certain conditions to be met before they can cash it out.

Gota love the mind games in gambling bonuses, am I right? On the surface, they're like a big casino bear hug, rewarding us for sticking around. But scratch beneath the glittery surface, and it's a whole other story – they're manipulating us to keep coming back for more.

These bonuses don't just fall from the sky, folks. They're cuningly cooked up to tug at our heartstrings (and wallets). The sweet-talking offers, the sneaky fine print – it's all engineered for maximum psychological impact.

But even with all the mind-bending, who can resist the adrenaline rush of a bonus? Racing to meet the wagering demands or dreaming of that life-changing win, it's undeniable that bonuses give gambling that extra shot of pizzazz.

[Eureka_07]

<snip>

It would consume some time and effort to their part just to list all of the users who were able to get their drop. Though I think that it is a good function to be added, to their side, I know they have to consider various things before implementing it.

Some are honest, some are not. And we won't be able to tell which is which.

[molsewid]

<snip>

It would consume some time and effort to their part just to list all of the users who were able to get their drop. Though I think that it is a good function to be added, to their side, I know they have to consider various things before implementing it.

Some are honest, some are not. And we won't be able to tell which is which.

hmmm, it will but at some point there's already an AI they can easily compile all things. They can also show some winners in their website just put a little banner in the website and hide some characters for the privacy of other people. but then if we don't believe that a certain casino is fair and transparent then even those simplest things then let's not gamble on it. if you're suspicious then don't try that casino.

[panganib999]

<snip>

It would consume some time and effort to their part just to list all of the users who were able to get their drop. Though I think that it is a good function to be added, to their side, I know they have to consider various things before implementing it.

Some are honest, some are not. And we won't be able to tell which is which.

I suppose to provide peace of mind over people a small change in a reputable casino's site isn't that much of a problem isn't it? They can even just go over and do something like what's present in this forum where spreadsheets that are backlinked to a post could be made to fully list the names and details of the people who were able to obtain their bonuses. Plus they can automate the process and sort through the countless lists of accounts that are confirmed to have had bonuses enjoyed, nothing is really impossible in their case if they want to follow through with it.

Some casinos may do this, especially ones that are in this forum and are enthusiastically observing customer's feedback, but I doubt the whole industry will incorporate something like this, for one, this is soft-doxxing since you're letting everyone know of a gambler's username.

[el kaka22]

It is not about what they give you, it is about how they convince you that matters. There are tons of casinos giving away insane amount of money just to make sure that they can bag another gambler, because they know that even if they give you hundreds of dollars, if they can convince you to stay just once, then the rest of the gambling you do there would be a profit for them. Imagine giving a gambler a full year, do you think they will not gamble more than a few hundred dollars there?

This is why they do give out so much, but if it is a scam casino that takes it's time to grow, and when there is a lot of money in the bank, they may scam and just leave with it, so you need to be always careful where you gamble.

[Twentyonepaylots]

I suppose to provide peace of mind over people a small change in a reputable casino's site isn't that much of a problem isn't it? They can even just go over and do something like what's present in this forum where spreadsheets that are backlinked to a post could be made to fully list the names and details of the people who were able to obtain their bonuses. Plus they can automate the process and sort through the countless lists of accounts that are confirmed to have had bonuses enjoyed, nothing is really impossible in their case if they want to follow through with it.

Some casinos may do this, especially ones that are in this forum and are enthusiastically observing customer's feedback, but I doubt the whole industry will incorporate something like this, for one, this is soft-doxxing since you're letting everyone know of a gambler's username.

This is actually one way to go since it would make the process be more transparent. But since gambling is involved by majority that don't want their identity to be exposed, it would not probably work for all. I think there is no concrete way to validate these drops and see how they actually do these process. Since there is no regulation to most of these, there is no guarantee that it would do the actual process so reviews of people who got something from these is not that significant because even that can be manipulated

Well, i can only say one thing here. With dishonesty, the casino may gain few gamblers but in the long term they will lose the players and their business cannot survive and grow
On the other hand, if the casino is honest, the gamblers will be retained, they won't look for a new better casino and hence it will be good for the long term business.

Now it's up to the casinos how they want to operate and be successful in a world where there is a lot of competition. If a gambling casino is found to be dishonest, I am afraid gamblers will leave the casino forever, and it's hard to regain the trust of the casino.

I agree with these. I think there would always be a way for the people to know how legitimate the site is when it was experienced first hand by people. Every dishonesty would be found at no time. Trusting casinos is a big deal since money is involved in these and people tend to be very cautious. So, for me, I think majority of casinos are honest in giving these drops since these kind of marketing strategy is very effective to gain more customers and they probably do not want to ruin their image in the gambling industry.

[Viscore]

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... 

We will never know, just like when others accused casinos of cheating them and that the casino's are not fair. Not unless they will have to show us the name of the gamblers that have received the drop and they themselves confirmed it. But as gamblers in crypto, we wanted to remain as private and anonymous so I doubt that casinos will give us the names or the gamblers confirming that they've got the drop.

So for me there's no way to confirmed it.

I also think that it’s not even necessary to know the list of those who were given the drop, for what? Whatever it is, casinos have all the right either to disclose or to keep it private since it’s just a bonus and it’s not that they should be obliged to give that. What I am more concern is their transparency and honesty when it comes to releasing our funds especially for big wins. Otherwise, it will cause a big problem not just to the player but even to the casino’s reputation.

[serjent05]

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... 

You can do it manually,by sending unsolicited email to all users if you happen to have their e-mail, or if just keep quiet and think or believe that they do airdropped the amount to the stated numbers.  I would rather choose the second option, because there is no way that a regular player can have an access to the e-mails of every player of the casino.

So in your question:

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 no comment since I really don't know if they are really true to their words and I have no way to verify if they are not if I believe the don't.  Besides Casino will not give the list of players whom they sent their airdrop.  So I think let us not think too much and just mind our own gameplay.  It is more enjoyable than being stressed of the thinking that the casino is not true to its words on its airdrop activities.  Besides what matters is that you receive the airdrop if you got qualified for the airdrop event.

[tbterryboy]

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.

It only looks simple but the reality is it isn't. You need to build games, market the casino, hire different people, and so on. Managing a casino can also be stressful just like any other business. A casino can't always make money because there are players who can win and then there are hackers and abusers who sap funds from the casino. I think we are getting far from the topic, so let's go back on it shall we?

@OP as per my observation, I never see a casino who is transparent when it comes to this matter. They only put the total amount but they never put a list if who claim all those money. Like you, many people and myself have complained about this before but casinos are still doing the same scheme. They think this was only normal.

[dollarday]

I think that it depends on the time the casino has been established in business, where it's located and how much it values reputation.
 I have gotten bonuses, comped rooms, free show tickets, free buffets and thousands of dollars in play credits.

From my favorite two online casinos they have always honored deposit bonuses and all of it's promos. One has better video poker odds than most casinos and they have always paid out fairly, no matter how big the win. It's amazing really.

I recommend signing up for all membership programs at every casino that you frequent and taking advantage of all advertised bonuses and free plays if you are playing during those time periods.

In Vegas on Fremont, a free steak dinner for an hour of game play can be enough of a bonus to play a few hands and leave a little up or at break even. This giveaways are included in the budget and just go to waste if you don't take advantage of them.

[rodskee]

Not sure if they are legit or truly giving it away but the problem is that they are gathering players from this style and yes there are almost every gambling site gives this kind of information and luring.
how I wonder that would be the actual reaction of each players that they think being fooled on that way, because for me there are no assurance if this is right and true.
so don't fall into promises instead make sure you are dealing with honest site and not just to lure and run .

Every business uses some marketing technique to attract customers, it can involve bonuses, giveaways, trials, and the list goes on. Now, the customer that joins that business needs to make sure that they get what they were promised before joining, and if they get that, they wouldn't have any issues whether the company or the project is paying others or not.

and being a costumer  or player, we must also learn first before dealing is it right? because not all those who offers bonuses and giveaways meaning they are legit and trust worthy .

I think casinos with a good reputation don't really have anything to prove since everyone knows that they do pay the bonuses, etc. that they promise but the platforms that are relatively new in the market are probably questioned for not being honest enough with their customers.

wrong mate, even reputable casino has their own detractors so they must always prove themselves being that good or else their reputation will end like that.

[tazmantasik]

Nice question to know about any casino transparent with bonuses drop? exactly with referral bonuses sign up for participants who has many referral will get bonuses but in the casino website show details with bonus leaderboard with give us transaction deposit history. Almost gambling casino platform seems not transparent about bonuses drop to their member, maybe if any casino want to show us the transaction hash detail we know they have give and distribution reward for the qualify member, if not show us transaction ID still questionable about honest or not with casino gambling.

[Pierre 2]

I think most online casinos that we see on visible side of internet is pretty regulated so I don't have doubts they tend to follow specific rules. In some countries such operations like extra money bonus/rewards should be done in observation of notary to avoid cheating. Well obviously there must be some casinos which are under radar and they might be violating law. But such cases must be very rare. We are living in 2023 so in such cases one appointment to law may cause gambling operation to end. Its risky and profitable business.