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Author Topic: *** Exploring Unique Advertising Opportunities in the Gambling Sector***  (Read 391 times)
robelneo
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August 01, 2023, 09:26:59 AM
 #21



I would like to discuss an alternative path. One that not only strays from the beaten track but also bridges the gap between different online communities.
That alternative path is only good if it converts, everything we all know about advertising and marketing whether it is traditional or alternative depends on interaction and conversion, advertisers pay for leads and conversion.

Quote
My idea is simple: Instead of relying on traditional advertising methods, why not explore the potential of direct advertising within the crypto gambling community? But here's the twist - instead of limiting this to crypto-focused platforms, we introduce these opportunities to a broader audience, such as the community at commonsensetv.nl.

Imagine a banner that not only promotes a crypto casino or service but also sparks a conversation about the potential of cryptocurrencies. Or a blog post that informs and entertains, subtly highlighting the benefits of a particular casino or game, while also educating readers about the broader implications of cryptocurrencies.

The question is will it generate interest, the main reason why Facebook advertising is successful is because the platform targeted users' interests based on the advertiser preferences, one example is I like Boxing so on a sports website where I am a subscriber if they show advertising like cooking do you think I will be interested to look at those cooking banners knowing I am a worse cook of course I will just ignore it, but if they displayed an article about up and coming fight between two undefeated champions 100% I'll click on it.


Quote
This approach allows for a more targeted advertising strategy, fostering a sense of community and mutual growth. It also opens up the door for long-term, creative collaborations. Think sponsored tournaments, branded games, or even the development of new, innovative gambling platforms.

By embracing these alternative advertising methods, we can create a more engaging, dynamic, and ultimately successful gambling sector. One that values creativity, community, and the unique opportunities that cryptocurrencies provide.
The question is have you tried it, the bottom line is conversion happens when users' interests and platforms meet, you mentioned that you've tried Adsense and Affiliate programs what's with these two types of advertising that you think is lacking in terms of leads and conversion?


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August 01, 2023, 10:02:18 AM
 #22



I would like to discuss an alternative path. One that not only strays from the beaten track but also bridges the gap between different online communities.
That alternative path is only good if it converts, everything we all know about advertising and marketing whether it is traditional or alternative depends on interaction and conversion, advertisers pay for leads and conversion.
Quote

If I understand the concept right about Signature Campaigns and they make money of it because people here on this forum make publicity by placing a casino or service in their signature. Then I would say the convertion rate at a traditional website is higher. Not?
robelneo
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August 01, 2023, 12:45:27 PM
Last edit: August 01, 2023, 02:56:08 PM by robelneo
 #23


If I understand the concept right about Signature Campaigns and they make money of it because people here on this forum make publicity by placing a casino or service in their signature. Then I would say the convertion rate at a traditional website is higher. Not?

The signature campaign is both for lead generation and in my own words branding through visibility, here in Bitcoin signature campaign projects are branding themselves through visibility and reputation, people have a recall on products and services when they keep seeing them, so when they think of soft drink they easily recall Coke and when they think of shoes they think of Adidas and Nike because they have recall because of their visibility.

The success of the signature campaign here depends so much on the bounty manager because he is the one selecting participants who can generate good conversations on topics that will interest visitors from search engines and on this forum.

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August 01, 2023, 03:47:55 PM
 #24


If I understand the concept right about Signature Campaigns and they make money of it because people here on this forum make publicity by placing a casino or service in their signature. Then I would say the convertion rate at a traditional website is higher. Not?

The signature campaign is both for lead generation and in my own words branding through visibility, here in Bitcoin signature campaign projects are branding themselves through visibility and reputation, people have a recall on products and services when they keep seeing them,

Lead generation is what the forum signature campaign knows how to do well. Before now, I had thought that the signature campaign is only targeted for users in the forum only. Little did I know that this forum indexing in google is so high. There are some certain  key words that directs people to this forum. E.G Bitcoin gambling, cryptocurrency gambling etc. Those keywords leads people direct to the gambling section of this forum.

The success of the signature campaign here depends so much on the bounty manager because he is the one selecting participants who can generate good conversations on topics that will interest visitors from search engines and on this forum.
I understand that campaign managers play big role in the promotion of any project. But in the context you described it, it doesn’t fit so well. For instance, if a quality poster makes an engaging post that brings someone to the forum, once the person is here, he/she will see other signatures even the one of competitors.

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August 01, 2023, 04:15:27 PM
 #25


If I understand the concept right about Signature Campaigns and they make money of it because people here on this forum make publicity by placing a casino or service in their signature. Then I would say the convertion rate at a traditional website is higher. Not?

The signature campaign is both for lead generation and in my own words branding through visibility, here in Bitcoin signature campaign projects are branding themselves through visibility and reputation, people have a recall on products and services when they keep seeing them, so when they think of soft drink they easily recall Coke and when they think of shoes they think of Adidas and Nike because they have recall because of their visibility.

The success of the signature campaign here depends so much on the bounty manager because he is the one selecting participants who can generate good conversations on topics that will interest visitors from search engines and on this forum.
Yes, just a type of advertisement, as sinple as it sound. But with regards to convertion rate, I doubt typical websites would be higher. Indeed there'll be larger audience but this is where familiarity would take place. More people would be able to see a project which is being advertised in a typical website in comparison to this forum BUT ideal targets are in this forum which would have higher tendency to hook up investors. Quite of a matter of quality over quantity 'coz what could be the impression to non-crypto investors if they happen to come across a non-familiar investment or project? Scam. There is a higher tendency for a conversion rate for people who knows what is that 'something' in front of them.

And same thing I guess with gambling ads in this forum. If it is gambling then yes an advertisement on a typical site would be catchy. But question is, would they engage given that mode of payment is different from what they are used to? (assuming this instance on a typical website ads for crypto gambling project).

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August 01, 2023, 04:51:15 PM
 #26

And for KYC, it looks like this could become more stringent in the future, especially for the gambling business, because the government wants to limit the movement of the perpetrators of illegal activities in utilizing crypto. For this reason, casinos have started implementing KYC for all of their members, especially those who use big money to do KYC. After doing KYC, the casino will know who is behind the gambling account using big money. If the casino reports it to the government, the government can also see that the person is not related to any illegal activities.
The government from the unset do a regular checkmate of activities so as to o keep trail of financial flows to and fro a system. Doing this helps them keep track of illegal activities in possibly money laundering and others which is not in line with the law. They had to extend it to Crypto and casino because it is perceived that these are another conduit crimes are being committed hence they demanded for all casinos within their jurisdiction to conduct KYC for all their members and also charged  with the responsibility of reporting and complying with the government agencies whenever there is need to. So for the talk of casino being KYC free is Impossible and as time goes on, virtually all casinos would be on the list of KYC casino and non would be exempted.

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August 02, 2023, 02:44:46 AM
 #27

The government from the unset do a regular checkmate of activities so as to o keep trail of financial flows to and fro a system. Doing this helps them keep track of illegal activities in possibly money laundering and others which is not in line with the law. They had to extend it to Crypto and casino because it is perceived that these are another conduit crimes are being committed hence they demanded for all casinos within their jurisdiction to conduct KYC for all their members and also charged  with the responsibility of reporting and complying with the government agencies whenever there is need to. So for the talk of casino being KYC free is Impossible and as time goes on, virtually all casinos would be on the list of KYC casino and non would be exempted.
That's right. In the past, what was supervised was exchanges where many exchanges had members who were the whales so exchanges were asked to perform KYC on their members. And now, the government is starting to pay attention to crypto casinos and asking casinos also to perform KYC on their members. Crypto users will not be able to use their crypto freely, especially if they want to deal with businesses that have something to do with the government. Meanwhile, the government wants to try to eradicate money laundering and other illegal activities. It seems that it is not easy because money launderers may use other unconventional methods and I think they also often use the black market to make transactions.

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August 02, 2023, 07:38:15 AM
 #28


My idea is simple: Instead of relying on traditional advertising methods, why not explore the potential of direct advertising within the crypto gambling community? But here's the twist - instead of limiting this to crypto-focused platforms, we introduce these opportunities to a broader audience, such as the community at commonsensetv.nl.

Imagine a banner that not only promotes a crypto casino or service but also sparks a conversation about the potential of cryptocurrencies. Or a blog post that informs and entertains, subtly highlighting the benefits of a particular casino or game, while also educating readers about the broader implications of cryptocurrencies.

Based on this you want online casinos to advertise on your site which is a non Cryptocurrency platform you have to convince them that you can do better than Bitcointalk and casino reviews sites because these two platforms have proven their platform to generate lead and conversion, you can start by being an affiliate, casino affiliate programs are rewarding, if you have VIP referrals but to ask them to by an advertising package on your site which is not a casino based platform you need to have convincing power and show results, casinos will not spend money if they are not getting results.

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August 02, 2023, 08:28:09 AM
 #29

-snip-
That's right. In the past, what was supervised was exchanges where many exchanges had members who were the whales so exchanges were asked to perform KYC on their members. And now, the government is starting to pay attention to crypto casinos and asking casinos also to perform KYC on their members. Crypto users will not be able to use their crypto freely, especially if they want to deal with businesses that have something to do with the government. Meanwhile, the government wants to try to eradicate money laundering and other illegal activities. It seems that it is not easy because money launderers may use other unconventional methods and I think they also often use the black market to make transactions.
For crypto, the government has the authority to ask every crypto exchange to implement KYC so that no money laundering activities occur there, but for casinos or the gambling industry, KYC is actually carried out not only to suppress money laundering but also to suppress gamblers who commit acts of fraud or deception.
Everything is a business and none of the business owners is willing that what is being built has to be destroyed because there are irresponsible persons such as criminals who launder money to remove traces or even those who like to cheat.

Nowadays the gambling industry is growing very rapidly and there is more and more money circulating in it, that's why some people want to take advantage of it for their personal benefit.

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August 02, 2023, 11:35:54 AM
 #30

The government from the unset do a regular checkmate of activities so as to o keep trail of financial flows to and fro a system. Doing this helps them keep track of illegal activities in possibly money laundering and others which is not in line with the law. They had to extend it to Crypto and casino because it is perceived that these are another conduit crimes are being committed hence they demanded for all casinos within their jurisdiction to conduct KYC for all their members and also charged  with the responsibility of reporting and complying with the government agencies whenever there is need to. So for the talk of casino being KYC free is Impossible and as time goes on, virtually all casinos would be on the list of KYC casino and non would be exempted.
That's right. In the past, what was supervised was exchanges where many exchanges had members who were the whales so exchanges were asked to perform KYC on their members. And now, the government is starting to pay attention to crypto casinos and asking casinos also to perform KYC on their members. Crypto users will not be able to use their crypto freely, especially if they want to deal with businesses that have something to do with the government. Meanwhile, the government wants to try to eradicate money laundering and other illegal activities. It seems that it is not easy because money launderers may use other unconventional methods and I think they also often use the black market to make transactions.

Crypto was initially design to be an anonymous platform with ones privacy intact but now the reverse is the case. Actually, it was the crypto exchanges that were held responsible by buy the government to enact the KYC policies which was followed and it has been a regular norm with the crypto exchanges now that every one member must undergo a KYC before they transact. Even at then, there are limits for verified and unverified account holders on Crypto exchanges based on your level of KYC accessment with the exchange with limits members to some certain amount of withdrawal.

With these measures, withdrawals are always tracked easily but the more the government of press, the more new means are implored by people to escape the KYC measures and as you have said, I would not doubt the fact that black market would be their alternative means or source of transportation.

For crypto, the government has the authority to ask every crypto exchange to implement KYC so that no money laundering activities occur there, but for casinos or the gambling industry, KYC is actually carried out not only to suppress money laundering but also to suppress gamblers who commit acts of fraud or deception.
Everything is a business and none of the business owners is willing that what is being built has to be destroyed because there are irresponsible persons such as criminals who launder money to remove traces or even those who like to cheat.

Nowadays the gambling industry is growing very rapidly and there is more and more money circulating in it, that's why some people want to take advantage of it for their personal benefit.

Of a truth since the inception of crypto, the gambling industry has seen unprecedented growth and expansion with recorded sustainable successes from casinos and individuals who has benefited hugely from the industry and as such, it became apparent that the casinos are becoming more advanced and technology inclined with huge revenue generation and in circulation. Hence the government interference in the activities of the casinos and mandated them to carry out KYC as that is the next step or possibly another conduit for scammers and money launderers to look into.

Nevertheless, casino owners and management are fully aware of the gimmicks of scammers, cheaters and manipulators so they would also want to be on the safe side too by conducting a KYC on their clients so that they know who they are dealing with and also i believe casinos communicate amongst themselves hence they share details of such people  so that they do not run at loss at anytime and if such people register with them, they would keep a close watch on them and this has made me begin to have the thought that most of the complaints against casino here must be as a result of this actions and that casinos know who they are that is why most casinos do not reply because if they do a whole lots would be unveiled that is why sometimes they chose to remain silent over some complaints.

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August 02, 2023, 03:37:29 PM
 #31

I believe you are trying to develop your advertising platform for startups, including reputable cryptocurrency casinos. It's a great initiative that can be beneficial, but it's not that simple. It requires more effort as you'll be expected to provide a weekly blog post about gambling and promotional offers available at most casinos. Your website also needs to be ranked to attract offers from different parties. I wish you success in this endeavor.
This task OP is about taking up is not a small one. As you have said, OP would be up and doing in furnishing the public with blogs and articles that are current and worth reading. It should be updated with development in the casino industry at large. To be relevant, the website would need to compete with other websites to be amongst the most viewed, visited and engaging website so as to remain amongst the top. The journey is never that smooth but with courage and commitment, I think OP could scale through.
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August 03, 2023, 07:55:52 AM
 #32

For crypto, the government has the authority to ask every crypto exchange to implement KYC so that no money laundering activities occur there, but for casinos or the gambling industry, KYC is actually carried out not only to suppress money laundering but also to suppress gamblers who commit acts of fraud or deception.
Everything is a business and none of the business owners is willing that what is being built has to be destroyed because there are irresponsible persons such as criminals who launder money to remove traces or even those who like to cheat.

Nowadays the gambling industry is growing very rapidly and there is more and more money circulating in it, that's why some people want to take advantage of it for their personal benefit.
That's why casinos have started enforcing KYC on their members who are seen spending big money or looking suspicious so that the casinos can immediately find out what's happening. Casinos also don't want to get involved in any problems that could disrupt their business because casino owners want to run their businesses long-term. At the same time, the government is trying to cooperate with all businesses to track down money launderers so they can reduce the amount of money laundering and clean up illegal businesses. With the development of the gambling industry at this time, the government is trying to be more serious in dealing with illegal businesses by providing supervision to all business owners and their businesses.

Crypto was initially design to be an anonymous platform with ones privacy intact but now the reverse is the case. Actually, it was the crypto exchanges that were held responsible by buy the government to enact the KYC policies which was followed and it has been a regular norm with the crypto exchanges now that every one member must undergo a KYC before they transact. Even at then, there are limits for verified and unverified account holders on Crypto exchanges based on your level of KYC accessment with the exchange with limits members to some certain amount of withdrawal.

With these measures, withdrawals are always tracked easily but the more the government of press, the more new means are implored by people to escape the KYC measures and as you have said, I would not doubt the fact that black market would be their alternative means or source of transportation.
But along with the development of crypto and the exchange business and other businesses, the government is suspicious of money laundering activities using crypto so the government is trying to find out who are the people who use crypto in exchange, gambling and other businesses. The government doesn't want to lose a moment. It can be used to track down people who do illegal business because it could potentially lose huge profits for the country.

Exchange or gambling businesses seem to know already the account characteristics of someone involved in illegal activity so the owners of these businesses may have started to suspect the movements of the perpetrators of the illegal activity. Business owners will immediately ask them to do KYC to find out the background of the account owner. And if they are suspected of having anything to do with illegal activity, they can immediately report the results to the government.

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August 03, 2023, 10:04:41 PM
 #33

~snip~
~snip~
Crypto was initially design to be an anonymous platform with ones privacy intact but now the reverse is the case. Actually, it was the crypto exchanges that were held responsible by buy the government to enact the KYC policies which was followed and it has been a regular norm with the crypto exchanges now that every one member must undergo a KYC before they transact. Even at then, there are limits for verified and unverified account holders on Crypto exchanges based on your level of KYC accessment with the exchange with limits members to some certain amount of withdrawal.

With these measures, withdrawals are always tracked easily but the more the government of press, the more new means are implored by people to escape the KYC measures and as you have said, I would not doubt the fact that black market would be their alternative means or source of transportation.
But along with the development of crypto and the exchange business and other businesses, the government is suspicious of money laundering activities using crypto so the government is trying to find out who are the people who use crypto in exchange, gambling and other businesses. The government doesn't want to lose a moment. It can be used to track down people who do illegal business because it could potentially lose huge profits for the country.

Exchange or gambling businesses seem to know already the account characteristics of someone involved in illegal activity so the owners of these businesses may have started to suspect the movements of the perpetrators of the illegal activity. Business owners will immediately ask them to do KYC to find out the background of the account owner. And if they are suspected of having anything to do with illegal activity, they can immediately report the results to the government.

Truly the government is always on the track of account holders and you know they know themselves but one thing I believe is that the government knows all the money launderers in their various countries, they know those who indulge in nefarious act and would not go after them but are ready to trouble these organisations such as casinos, exchanges etc just to get revenue from them all in the name of keeping track of account holders. Even the casino owners knows this too. They know accounts of money launderers and others but sometimes they just disguise themselves and pretend not to know as to get their pockets.

.
SPIN

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August 03, 2023, 10:19:35 PM
 #34

~snip~
~snip~
~snip~
But along with the development of crypto and the exchange business and other businesses, the government is suspicious of money laundering activities using crypto so the government is trying to find out who are the people who use crypto in exchange, gambling and other businesses. The government doesn't want to lose a moment. It can be used to track down people who do illegal business because it could potentially lose huge profits for the country.

Exchange or gambling businesses seem to know already the account characteristics of someone involved in illegal activity so the owners of these businesses may have started to suspect the movements of the perpetrators of the illegal activity. Business owners will immediately ask them to do KYC to find out the background of the account owner. And if they are suspected of having anything to do with illegal activity, they can immediately report the results to the government.

Truly the government is always on the track of account holders and you know they know themselves but one thing I believe is that the government knows all the money launderers in their various countries, they know those who indulge in nefarious act and would not go after them but are ready to trouble these organisations such as casinos, exchanges etc just to get revenue from them all in the name of keeping track of account holders. Even the casino owners knows this too. They know accounts of money launderers and others but sometimes they just disguise themselves and pretend not to know as to get their pockets.
^ As for casino owners and financial institutions, they are also bound by strict regulations to report suspicious activities and cooperate with authorities in combating money laundering. Failing to do so can lead to severe consequences for these establishments.
However, it is also true that some individuals or organizations probably try to evade detection, making it challenging for authorities to catch every offender, and the government agencies prioritize some targets over others due to resource constraints, it does not necessarily imply that they condone illegal behavior. The focus on certain sectors like casinos and exchanges may be due to their susceptibility to being used as conduits for money laundering.
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August 03, 2023, 10:22:59 PM
 #35

Imagine a banner that not only promotes a crypto casino or service but also sparks a conversation about the potential of cryptocurrencies. Or a blog post that informs and entertains, subtly highlighting the benefits of a particular casino or game, while also educating readers about the broader implications of cryptocurrencies.

This approach allows for a more targeted advertising strategy, fostering a sense of community and mutual growth. It also opens up the door for long-term, creative collaborations. Think sponsored tournaments, branded games, or even the development of new, innovative gambling platforms.
I don't understand the difference between the proposed concept and the currently traditional advertising methods. For me they look pretty similar to not say they are exactly the same thing. There are many blogs and banners on the internet trying to be informative, while promoting a crypto service like a casino or exchange. They are full of informations, including videos on youtube, aiming to bring new users for the platforms through a referral link from the advertiser who will profit over his referrals.

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August 03, 2023, 10:39:58 PM
 #36

So basically an alternative way of trying to advertise that crypto isn't bad or something? Well tbf, this is more like turning it into propaganda since we're trying to push that crypto is good, when in a sense, it's actually neither. It's just a medium, a method, whoever uses it are the ones in the wrong. And presenting both sides through advertisement isn't exactly easy, neither is it profitable so I highly doubt casinos would be enticed to do it. They aren't wrong to suspect crypto of something, it is indeed a fact that a lot of scammy stuff has happened in the past, and well, with how the media works it isn't that surprising that the highlight for most of these news are the scam ones, it's what brings in views.
~
I don't understand the difference between the proposed concept and the currently traditional advertising methods. For me they look pretty similar to not say they are exactly the same thing. There are many blogs and banners on the internet trying to be informative, while promoting a crypto service like a casino or exchange. They are full of informations, including videos on youtube, aiming to bring new users for the platforms through a referral link from the advertiser who will profit over his referrals.
I don't think there's even one at all. The only thing that was changed was the info, this time from casinos advertising themselves to casinos advertising that crypto is good, which again highlights my point of the idea of not being profitable in the first place, hence not really applicable.

R


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August 04, 2023, 06:24:17 AM
 #37

Truly the government is always on the track of account holders and you know they know themselves but one thing I believe is that the government knows all the money launderers in their various countries, they know those who indulge in nefarious act and would not go after them but are ready to trouble these organisations such as casinos, exchanges etc just to get revenue from them all in the name of keeping track of account holders. Even the casino owners knows this too. They know accounts of money launderers and others but sometimes they just disguise themselves and pretend not to know as to get their pockets.
The government can easily find all the transactions we make and maybe they will also investigate all the assets we have to find out whether we are involved in money laundering or using the money for things unrelated to illegal activities. And the government also has a list of people suspected of money laundering so they can arrest them whenever they want. But the government is waiting for the right time to catch those who commit money laundering. So casinos will carry out promotions that will not conflict with government regulations and may help the government catch people who are laundering money in casinos.

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August 04, 2023, 06:30:26 PM
Last edit: August 04, 2023, 07:01:25 PM by Freedom4All
 #38



I would like to discuss an alternative path. One that not only strays from the beaten track but also bridges the gap between different online communities.
That alternative path is only good if it converts, everything we all know about advertising and marketing whether it is traditional or alternative depends on interaction and conversion, advertisers pay for leads and conversion.

Quote
My idea is simple: Instead of relying on traditional advertising methods, why not explore the potential of direct advertising within the crypto gambling community? But here's the twist - instead of limiting this to crypto-focused platforms, we introduce these opportunities to a broader audience, such as the community at commonsensetv.nl.

Imagine a banner that not only promotes a crypto casino or service but also sparks a conversation about the potential of cryptocurrencies. Or a blog post that informs and entertains, subtly highlighting the benefits of a particular casino or game, while also educating readers about the broader implications of cryptocurrencies.

The question is will it generate interest, the main reason why Facebook advertising is successful is because the platform targeted users' interests based on the advertiser preferences, one example is I like Boxing so on a sports website where I am a subscriber if they show advertising like cooking do you think I will be interested to look at those cooking banners knowing I am a worse cook of course I will just ignore it, but if they displayed an article about up and coming fight between two undefeated champions 100% I'll click on it.


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This approach allows for a more targeted advertising strategy, fostering a sense of community and mutual growth. It also opens up the door for long-term, creative collaborations. Think sponsored tournaments, branded games, or even the development of new, innovative gambling platforms.

By embracing these alternative advertising methods, we can create a more engaging, dynamic, and ultimately successful gambling sector. One that values creativity, community, and the unique opportunities that cryptocurrencies provide.
The question is have you tried it, the bottom line is conversion happens when users' interests and platforms meet, you mentioned that you've tried Adsense and Affiliate programs what's with these two types of advertising that you think is lacking in terms of leads and conversion?



"The question is will it generate interest, the main reason why Facebook advertising is successful is because the platform targeted users' interests based on the advertiser preferences, one example is I like Boxing so on a sports website where I am a subscriber if they show advertising like cooking do you think I will be interested to look at those cooking banners knowing I am a worse cook of course I will just ignore it, but if they displayed an article about up and coming fight between two undefeated champions 100% I'll click on it."

The answer lies in trying it.
Does not have to be a casino.
Who wants to advertise on my blog in a constructive way. I can use the money. BADLY. That´s another story. Sjit happens.  But hey, I will do it for free if it has t o be that way.

Wouldn't these signatures generate more traffic on blogs like mine, and many others, than they currently do here??
And is tha good for the crypto community? Is that a good thing for the world?

Or am I really missing knowledge here?
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August 04, 2023, 08:35:56 PM
 #39

Government did the kyc because of the anti money laundering act. So they want to keep watch of every transaction from every financial institution in their jurisdiction so as not to loss and keep anything suspicious on track. Be it casino, sportbook etc. As for casinos that claim kyc free, I  think that is just a stunt to gain traffic to their site and to gain more members because online gamblers prefer a kyc free casino to preserve their identity so those casino takes advantage of it to hold them down and when they win big, withdrawal is always a problem and they start demanding for kyc and if they are scammers they run away with gamblers funds.

Truly all licensed casino from the government demand for kyc as that is a criteria which they would require to do before admitting any gambler to opening an account with them and  operating as a gambler so as not to violate the country policies.
This is a must to know so that we won't end up blaming the casino. It's not their fault but they are only following orders and if not, something bad could happen on them. There might truly be a casino who are KYC free. What about the decentralized ones? But in order to be sure, we should make it a habit to read their terms and conditions. 

A casino can promise to not have a KYC but it does not mean gamblers will now be crazy and head over them. There will still be doubts and I believe that many players will sacrifice their KYC only to have a peace of mind. I mean they know that the website is not scam and it has a strong security to prevent the hacker from accessing it.

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August 04, 2023, 08:54:17 PM
 #40

Government did the kyc because of the anti money laundering act. So they want to keep watch of every transaction from every financial institution in their jurisdiction so as not to loss and keep anything suspicious on track. Be it casino, sportbook etc. As for casinos that claim kyc free, I  think that is just a stunt to gain traffic to their site and to gain more members because online gamblers prefer a kyc free casino to preserve their identity so those casino takes advantage of it to hold them down and when they win big, withdrawal is always a problem and they start demanding for kyc and if they are scammers they run away with gamblers funds.

Truly all licensed casino from the government demand for kyc as that is a criteria which they would require to do before admitting any gambler to opening an account with them and  operating as a gambler so as not to violate the country policies.
This is a must to know so that we won't end up blaming the casino. It's not their fault but they are only following orders and if not, something bad could happen on them. There might truly be a casino who are KYC free. What about the decentralized ones? But in order to be sure, we should make it a habit to read their terms and conditions. 

A casino can promise to not have a KYC but it does not mean gamblers will now be crazy and head over them. There will still be doubts and I believe that many players will sacrifice their KYC only to have a peace of mind. I mean they know that the website is not scam and it has a strong security to prevent the hacker from accessing it.

It is true that casinos are being  compelled by the government to do a KYC for their members so as to know who they are and also to be on the safe side.

Currently, I do not think there are much KYC free casino and if there are, they are just wanting to get members to register with them so as to get the traffic but when it is time for withdrawal that is when you will know if truly they are KYC free or not but I think if a casino is wanting to be KYC free they should stand by their words and if they are doing KYC then it is a different game than to tell people that they are KYC free and at the entire end they take back their words and begin to do to the contrary.

.
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