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Author Topic: How are we allowing credit, freebet on Games and rounds?  (Read 366 times)
BitcoinGirl.Club (OP)
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September 05, 2024, 01:23:41 AM
 #1

When I visit Games and rounds sub-board I expect to enter my btc address to get some rewards from the events that are hosted there. But I see almost all threads are giving rewards to their own platforms as credit balance, freebet or bonus code.

Isn't it against the spirit of the Games and rounds sub-board?

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September 05, 2024, 03:16:42 AM
 #2

Asking your username instead of addy is an old trick for increasing registered userbase.

AFAIK, asking for your BTC addy is only for non-casino events; there might be multiple exceptions but I am just mentioning about the usual practices of games and rounds sub.

giving rewards to their own platforms as credit balance, freebet or bonus code.
I am not seeing any forum rule against these; I checked twice.
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September 05, 2024, 03:54:53 AM
 #3

I am not seeing any forum rule against these; I checked twice.
Yeah the moderator only mention "Bitcoin" and "altcoins", but credit balance, free bet or bonus code aren't "real Bitcoin" because they ask many requirements, for real money usually the casino only ask to wager 1x times in order to withdraw or the casino can whitelist your account in order to withdraw without wagering requirement.

It's fall to grey area, so this topic worth to discuss. If free bet in Bitcoin do count as "real Bitcoin", I think we would see a campaign that paid in free bet. Cheesy

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September 05, 2024, 01:33:14 PM
 #4

Isn't it against the spirit of the Games and rounds sub-board?
Mate, you getting lazy for signing up on a site just to be able to put in some predictions? Cheesy

This is exactly what I feel at times when having the enthusiasm of making a free prediction. I am like "Meh, I have to sign up, nah I will pass"

It does against the spirit, but its free and you have to give them something to be able to get something - in this case it is your email  Roll Eyes
Rules say that events with payments in BTC can be posted there. It does not specify how or where the payment is made.

 
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September 05, 2024, 03:09:27 PM
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 #5

I don't see a problem with it as long as its btc you're credited with or at the very least you can cash out in bitcoin. It makes sense from a business perspective that they want you to sign up and they'll do these promos knowing that most people will just lose the bet anyway. Having credit also saves on fees for them. I think if we did prohibit it a lot of companies just wouldn't offer them so it would be a shame for them to go and they're still contributing to the bitcoin ecosystem at least.

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September 05, 2024, 03:16:12 PM
 #6

I don't see a problem with it as long as its btc you're credited with or at the very least you can cash out in bitcoin. It makes sense from a business perspective that they want you to sign up and they'll do these promos knowing that most people will just lose the bet anyway. Having credit also saves on fees for them. I think if we did prohibit it a lot of companies just wouldn't offer them so it would be a shame for them to go and they're still contributing to the bitcoin ecosystem at least.

Totally agree. It’s actually nice to see that the game and rounds board already active with multiple promotion available. Creating an account on each casino just requires few seconds of our time to complete and it’s an acceptable task for the rewards they are sponsoring for the promotion.

IIRC, only promotion that rewards altcoin is not allowed on the games and round but there’s no specific rules about the way to send/receive Bitcoin rewards.

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September 05, 2024, 06:59:22 PM
 #7

Giveaways, games, raffles, airdrops and other promotional campaigns that pay out a part or all of their rewards in altcoins do not belong in Games and Rounds.
Judging from the statement given above by the moderator of Games and Round board, it clearly state the rules, which is simple and can easily be  understood by even a lay man, and as such, offering a reward on respective casinos, I don't see anyhow it went against the rule given above or any of the rules. Because inasmuch as the reward is given in Bitcoin, it's allowed, because for me, I think the reason why the host now a days chooses to pay on their respective platforms is simply because they just want users to experience what it feels like using such platform, which is still not a bad idea, as long as there will be no requirements needed for withdrawal by users who win via forum contest.   

 
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September 05, 2024, 08:19:36 PM
 #8

It's fall to grey area, so this topic worth to discuss. If free bet in Bitcoin do count as "real Bitcoin", I think we would see a campaign that paid in free bet. Cheesy
Not freebet but some campaigns in the past pay to the casino account of the participants and wallows you withdraw from there and incur the fees or try your luck gambling to get a higher amount.

I think as far as the payment is made in BTC, either as a freebet or as a deposit to their account which they can withdraw it still falls under a bitcoin prize.

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September 05, 2024, 11:30:15 PM
 #9

Isn't it against the spirit of the Games and rounds sub-board?

The companies in the games and rounds are not just to reward the participants of the games but running projects of speculating and creating awarenesses of their companies by conditional imputes that participants must sign up to their sites and also there you'd earned your reward if being a lucky earner.
It's done that way as introducing and getting individuals attracted to their sites after much having an account an get credited, you might likely want to fund in visiting and playing along with them at further note.

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September 06, 2024, 07:17:50 AM
 #10

I was lucky enough to win $25 in BTC on a price prediction raffle. Cashed out without any issues.

But with casinos being casinos, some winners might be tempted to multiply their winnings (again).

Nothing against that though, free is free.

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September 06, 2024, 10:54:48 AM
 #11

Asking your username instead of addy is an old trick for increasing registered userbase.
Isn't that the whole point of doing a giveaway? If they'd be forced to do an on-chain payment to Bitcointalk users who don't use their site, chances are we'd see a lot less giveaways.

I tried this 4 years ago: Suggestion: allow on-forum altcoin giveaways for established altcoins. If we allow accounts on other sites to be used for payment (in Bitcoin), I can't say this is worse.

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September 06, 2024, 11:13:03 AM
 #12

They are running the giveaway to promote their website in the community and get more players to try out their services, so registering on their platform to participate in the giveaway and receive the prize in bitcoin if you win is cool imo. If there are websites that one does not want to register on for certain reasons, then they should as well ignore their giveaway programs.

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September 07, 2024, 08:05:37 AM
 #13

This is exactly what I feel at times when having the enthusiasm of making a free prediction. I am like "Meh, I have to sign up, nah I will pass"
That's exactly what I feel.
I basically ignore all the giveaways that offer free credits, freebet, bonus. The only exception is the platforms I play regularly.

I think if we did prohibit it a lot of companies just wouldn't offer them so it would be a shame for them to go and they're still contributing to the bitcoin ecosystem at least.
From a promotion perspective it can be encouraged. But to have fun, it is hard to find a giveaway that is really interested to share their joy with others.

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September 08, 2024, 12:31:40 PM
 #14

From a promotion perspective it can be encouraged. But to have fun, it is hard to find a giveaway that is really interested to share their joy with others.

I don't think any business would give away money for fun, they have promotions and giveaways to promote their business and services. And if they are giving away money for free, I mean making a prediction and possibly winning the reward doesn't cost you anything but for you to be able to get that benefit, they would at least want you to be a member of their platform. Why would one casino give you free money that you can possibly use on another casino? This is the reason why they pay the rewards as credit or balance on their on-platform instead of sending it directly to your on-chain address.

And as far as I know, you don't have any obligations if you win such a contest or giveaway which means that you can directly withdraw the amount if you want. So I don't see any problem with that.  Smiley

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BitcoinGirl.Club (OP)
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September 08, 2024, 02:17:14 PM
 #15

I don't think any business would give away money for fun, they have promotions and giveaways to promote their business and services. And if they are giving away money for free, I mean making a prediction and possibly winning the reward doesn't cost you anything but for you to be able to get that benefit, they would at least want you to be a member of their platform. Why would one casino give you free money that you can possibly use on another casino? This is the reason why they pay the rewards as credit or balance on their on-platform instead of sending it directly to your on-chain address.
There are many diversification in advertising. You don't know which is useful and which is not unless you are a host. For example if you see Merit Cycling Club, what benefits the host have for it? You may not have a clue but the host understand his concept and realize his return.

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Mugtaiya
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September 08, 2024, 04:05:32 PM
 #16

I don't think any business would give away money for fun, they have promotions and giveaways to promote their business and services. And if they are giving away money for free, I mean making a prediction and possibly winning the reward doesn't cost you anything but for you to be able to get that benefit, they would at least want you to be a member of their platform. Why would one casino give you free money that you can possibly use on another casino? This is the reason why they pay the rewards as credit or balance on their on-platform instead of sending it directly to your on-chain address.
There are many diversification in advertising. You don't know which is useful and which is not unless you are a host. For example if you see Merit Cycling Club, what benefits the host have for it? You may not have a clue but the host understand his concept and realize his return.
Merit cycling is the problem not the giveaways here.
Seeing a merit distributed for a post about freebets being given away is not constructive nor worthy of getting a merit for.
More investigation into why who are merit sources giving those sort of posts for monetary purposes or to be kept into their campaigns are needed.
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September 08, 2024, 04:51:41 PM
 #17

I don't think any business would give away money for fun, they have promotions and giveaways to promote their business and services. And if they are giving away money for free, I mean making a prediction and possibly winning the reward doesn't cost you anything but for you to be able to get that benefit, they would at least want you to be a member of their platform. Why would one casino give you free money that you can possibly use on another casino? This is the reason why they pay the rewards as credit or balance on their on-platform instead of sending it directly to your on-chain address.
There are many diversification in advertising. You don't know which is useful and which is not unless you are a host. For example if you see Merit Cycling Club, what benefits the host have for it? You may not have a clue but the host understand his concept and realize his return.

That's the whole point here. The hosts know and probably have experimented and observed which kind of giveaways are more beneficial for them and their business, hence they are hosting giveaways that are generating better results for them as a whole. If they are not hosting giveaways that would pay winners directly to their wallets but ask participants to have an account on their platform, it means they have found this to be more productive which is why they are choosing this way of doing their giveaways. Smiley

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Wonder Work
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September 08, 2024, 05:37:57 PM
 #18

I don't think any business would give away money for fun, they have promotions and giveaways to promote their business and services. And if they are giving away money for free, I mean making a prediction and possibly winning the reward doesn't cost you anything but for you to be able to get that benefit, they would at least want you to be a member of their platform. Why would one casino give you free money that you can possibly use on another casino? This is the reason why they pay the rewards as credit or balance on their on-platform instead of sending it directly to your on-chain address.
There are many diversification in advertising. You don't know which is useful and which is not unless you are a host. For example if you see Merit Cycling Club, what benefits the host have for it? You may not have a clue but the host understand his concept and realize his return.

That's the whole point here. The hosts know and probably have experimented and observed which kind of giveaways are more beneficial for them and their business, hence they are hosting giveaways that are generating better results for them as a whole. If they are not hosting giveaways that would pay winners directly to their wallets but ask participants to have an account on their platform, it means they have found this to be more productive which is why they are choosing this way of doing their giveaways. Smiley
Here they do it knowing full well the next step. They know what their next test result will be and they systemize it as per their results. This is because participants are required to have an account on their platform so that they will systematize the systems themselves.

Whatever they do and how they give gifts will keep them within their control. So that they can use it next time.

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September 08, 2024, 07:10:58 PM
 #19

I wouldn't say that such giveaways goes against spirit of Games and rounds board. I guess that if there would be requirement to make on-chain payments directly to BTC address, instead of paying it to casino ballance, then this board would be more or less dead. So, I rather would have such giveaways as we have now than no giveaways.

BitcoinGirl.Club (OP)
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September 08, 2024, 08:40:47 PM
 #20

That's the whole point here. The hosts know and probably have experimented and observed which kind of giveaways are more beneficial for them and their business, hence they are hosting giveaways that are generating better results for them as a whole. If they are not hosting giveaways that would pay winners directly to their wallets but ask participants to have an account on their platform, it means they have found this to be more productive which is why they are choosing this way of doing their giveaways. Smiley
Are you even reading or regenerating lines after taking a note of the last post LOL. We are not discussing about the hosts, we are discussing about the form of payment.

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