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Author Topic: What would you like toask a cryptocasino owner? [The Q&A is LIVE]  (Read 935 times)
bitcasinorank (OP)
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February 15, 2024, 02:11:55 PM
Last edit: March 24, 2024, 01:01:19 PM by bitcasinorank
 #1

The Q&A is live - https://bitcasinorank.com/vlw-bet-founder-interview/



Thanks to everyone who asked questions and waited for it.

Stay tuned, we'll have more interviews ahead.


[Hi everyone!

I have arranged an interview with the owner of a crypto casino (I will not disclose the brand name yet).

I think the interview will be more interesting if I add questions that other gamblers are interested in to my questions.

So, if you would like to ask anything, drop your questions here.

The interview will be posted here, so you won't miss answers to your questions.]
Gozie51
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February 15, 2024, 02:25:43 PM
 #2

This could be a nice conversation for players.

I think I would like to know if there is percentage of winning rate for players per day between the casino. Because most gamblers believe that the casino has an edge over the gambler so getting such question across will also make the owner understand that players are already feeling biase with their winning chances. Grin
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February 15, 2024, 02:33:08 PM
Merited by Gozie51 (1)
 #3

I think I would like to know if there is percentage of winning rate for players per day between the casino.

It's hard to believe you'd ask that. Of course there is.

Because most gamblers believe that the casino has an edge over the gambler so getting such question across will also make the owner understand that players are already feeling biase with their winning chances. Grin

It is not a matter of belief, it is a matter of fact. The house edge is a mathematical percentage which means that the larger the sample size, the closer the actual results are to the expected results (profit for the casino and loss for the player).

I would like to know how they deal with max bets in relation to their bankroll and if there is a lot of variance with big whales getting lucky on specific days.

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bittraffic
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February 15, 2024, 02:50:53 PM
 #4

I would assume this is a new casino in crypto. Maybe ask these;  
People would like to know whether they are going to last in the business despite the competition. Do they have a 3-5 year plan to run the casino?
How long will he be willing to advertise the casino to stay ahead in the competition?

Probably we can learn how determined the owner is to keep the casino running.
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February 15, 2024, 03:09:17 PM
 #5

Hi everyone!

I have arranged an interview with the owner of a crypto casino (I will not disclose the brand name yet).

I think the interview will be more interesting if I add questions that other gamblers are interested in to my questions.

So, if you would like to ask anything, drop your questions here.

That's interesting. If I were in your shoes then I literally ask everything about the journey to the casino owner.
Like how did the idea of creating a crypto casino struck in his mind and then how did he implement it.
What were the struggles he faced during the implementation and then how did he progress over time and the experience throughout the journey.
Do post the interview review here so that we can get to know the journey if not the brand name.

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Asuspawer09
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February 15, 2024, 03:23:29 PM
 #6

Hi everyone!

I have arranged an interview with the owner of a crypto casino (I will not disclose the brand name yet).

I think the interview will be more interesting if I add questions that other gamblers are interested in to my questions.

So, if you would like to ask anything, drop your questions here.

It is probably more like myths or something that I always think about when I'm playing at a casino, For sure, a casino is still a business so in the end the owner or the casino still needs to make a profit right if the casino depends on luck at some point if players keep on winning isn't that going to make the casino bankrupt?

Can they easily rig the code of the games in the casino, something like every 10 plays there is one who is going to win something like that always came up in my mind.

How often does it happen that someone is able to be so lucky and continue to win in a casino, can someone actually make a living in a casino and keep on winning?

what are the percentage of the machines or games where the casino wins and the player loses because most of the time the player loses and the casino will take the bet.
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February 15, 2024, 03:32:24 PM
 #7

Any casino is a matter of money. For both the owner and the players. This entire gambling industry is driven by the desire to receive (not to give away from the casino) money. Therefore, I would like to ask the following question to the casino owner: what percentage is the net profit after deducting all financial costs, such as supporting the casino, employee salaries, marketing, etc.

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February 15, 2024, 04:29:56 PM
 #8

So, if you would like to ask anything, drop your questions here.

The interview will be posted here, so you won't miss answers to your questions.

How they handle user that consistently in profit with pure luck? I mean user that keeps winning without using any strategy like arbitrage betting and other form of sure bet strategy to have an advantage to a casino.

I have an experience before that I become excluded to all casino promotions and loyalty reward just because I keep wining using this feature of them. I’m interested to know if casino tracks all the players that keeps winning and have plans to restrict them in the future once casino don’t get profit to them.
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February 15, 2024, 06:15:12 PM
 #9

I think the interview will be more interesting if I add questions that other gamblers are interested in to my questions..
If I'm to be the interviewer who will be interviewing the owner of this casino, the questions I will love to get answers are the ones written below.

1. How can one spot a scam and legit casino currently in the gambling industry?

2. If one is to get scammed by a casino, what is the best and appropriate measures one can take to get justice for his/her funds?

3. To what degree is our KYC details made during registration made confidential from the public? (i.e Third party organizations)

 
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February 15, 2024, 06:28:48 PM
 #10

I would love to ask the casino owners if they can detect addicted players and if they do I would love to follow up with the question on how they handle addicted players.  I also like to know if they have programs designed to help addicted players aside from self-exclusion.  If they have I would like to know their procedures.  I would also like to know if they have countermeasures to prevent players from getting too hooked playing on their platform which can result in gambling addiction.

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February 15, 2024, 06:45:36 PM
 #11

Hi everyone!

I have arranged an interview with the owner of a crypto casino (I will not disclose the brand name yet).

I think the interview will be more interesting if I add questions that other gamblers are interested in to my questions.

So, if you would like to ask anything, drop your questions here.

The interview will be posted here, so you won't miss answers to your questions.

1. How much you do be able to make in monthly basis? Gross and net... (Something personal) but estimates would be good.
2. How you do deal up with those trolls making false accusations?
3. Whats the biggest challenge you do face up with kind of business?
4. Whats the estimate capital on planning on running a gambling business?

I cant think off  with other questions but pretty sure those questions above would be something that will really be that good to ask out.

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February 15, 2024, 06:45:51 PM
 #12

What is actually required for KYC? I know it depends on the license so break it down by license type as to what is required on a kyc check. Are casinos asking for legit info or are they going a step further?

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February 15, 2024, 06:46:19 PM
 #13

I have arranged an interview with the owner of a crypto casino (I will not disclose the brand name yet).
If you can specify the brand name then members can ask specific questions. Anyone can ask a general question but I am sure you are posting it to receive questions that are not generalized but specific to the casino.

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February 15, 2024, 06:56:21 PM
 #14

Mysterious! Will this particular site provide just casino games or casino games plus sportsbook? What is the house edge on popular games like dice, roulette, blackjack, Baccarat etc? Will withdrawal fee be charged for popular crypto like BTC etc?

These are just a couple of questions off the top of my head op. Looking forward to this mysterious project.

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February 15, 2024, 07:49:03 PM
 #15

Why are there so many restrictions in crypto casinos, in the spirit of crypto shouldn't all crypto casinos be open to everyone, without any kind of games/bonuses/provider restrictions? Do crypto casinos pay tax? And is it polite to ask how much casino earns and which games bring the highest profits? Those would be the most interesting questions in my opinion. I believe all other answers should be found in the ToS.


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February 15, 2024, 08:25:26 PM
 #16

I have arranged an interview with the owner of a crypto casino (I will not disclose the brand name yet).
If you can specify the brand name then members can ask specific questions. Anyone can ask a general question but I am sure you are posting it to receive questions that are not generalized but specific to the casino.

I second that. If OP isn't full of shit, why not disclose the brand? It's only going to work like a sneak peak and give you free promo for the interview. I'd read/watch that for sure, especially if there was a chance that my questions are asked.

What stuff is important? Probably the basics like how much money do you need to have a chance in this business nowadays? How many people try to scam, what's the percentage of scammers they catch and ban every month? Were they scammed/cheated somehow and what was the amount of money they lost to scammers?

I could make up a lot of interesting questions that would keep someone busy for hours Cheesy

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February 15, 2024, 08:39:22 PM
 #17

I'll ask a general question and I'm guessing that everyone is interested in knowing one thing, and that's about how much revenue they make - net.

So, that will be my question for that interview that you'll do with that owner. How much is the estimate revenue they make each year or if specifically each month, for net and gross.

It's okay if that won't be answered but I think it's also part of your questions list.

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February 15, 2024, 08:59:44 PM
 #18

I have hard such privilege of being in a chat group with the CEO of platforms and the most questions that are asked by those who want to use the platform, so for a casino owner our questions will be directed towards the features of the site and how they intend to act differently from what we already have in the market today.


So for that I may decide to ask what his plans are for improving the casino and what his customer welfare is and how he intends to achieve that in the short term.

 
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February 15, 2024, 09:12:22 PM
 #19

This could spark some intrigue, but I also have some reservations that likely won't get direct responses.  For instance, the inquiry from yahoo62278 regarding mandatory KYC protocols. Are casinos using KYC and AML regulations to their advantage by asking players for excessive personal information to deter them or use it as an excuse to deny payouts?  Proof of source of funds comes to mind. It would be more logical to request such proof when depositing funds. and yet, some casinos ask for it only when withdrawing funds from the platform.

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February 15, 2024, 09:30:20 PM
 #20

it would at least be interesting to know (before) how much this site is valued and how much they are able to achieve on a monthly basis.
by the way, I think I would ask how much it costs to set up such a business and how much you spend to maintain it.
I would also ask an uncomfortable question: what is the most effective mechanism to stop gambling addicts not yet implemented by casino owners?

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