Gamblers what do you think

[Hirose UK]

Apart from the part that they offer same casino games that we are all used to, this casino project has its own token and it is availbe on the solana blockchain, we all know that on the web2 type of betting platforms you gamble and lose or win, but on web3 like you can get the share of the revenue, what do you guys think? Also isn't this a part of the reason why RoLLBit seem cool?

Rollbit is cool even though other casinos are initiating telegram games that are said to be trending in new casinos.
It's not just Rollbit that has its own token, there are other casinos that have their own tokens, but I myself don't know why RLB is a more dominant gambler token.
Such an idea is good, but not necessarily for others.

There are many benefits that can be obtained by the casino, they indirectly get promotion on behalf of their gambling site and get other benefits from the adoption of the tokens they have when many people use them and get bigger investors.
If think logically, actually we as gamblers don't really get much benefit from all of this but the casino itself is the one that predominantly gets it, maybe we can follow the market and make purchases because the rise and fall of casino tokens tends to be faster but I haven't seen many big casinos succeed with all of this.

[Japinat]

I'd be pretty careful when it comes to tokenized casinos. I haven't seen it work out to well for investors too often. Betking, Bitdice, Betterbets, and many others tokenized their product and screwed their investors over royally.

Does tokenizing mean it's a guaranteed scam going to happen? No, but be careful and invest only what you can afford to lose if they do scam. They're all going to make it sound great, but rarely have they followed through.

Exactly! Based on observation, hardly any gambling projects out there have really taken off, especially those that tokenized their casinos. Most of the big successes are privately funded, so if we’re sticking to the trend, it’s smart to stay cautious and not just dive into everything that seems tempting.

As for @yahoo62278, he’s been around for years, investing and running all kinds of projects through signatures, so I’d trust his judgment.

[jcojci]

If a casino wants to be stands out among the others, they must be able to serves their members better than the other casino. That is the key so when they succeed with that, they can create their tokens and offers many things benefits to their members. Having a token will be a secondary things for the casino to attract more people to becomes their members.

If people see the casino have reputation and trusted by many gamblers, they will want to invest their money to buy the token from casino. They will see staking, buyback the token, and revenue shares will be additional income for them while they are playing gambling.

[peter0425]

Guys, is these following utilities enough to make a online casino stands out among the others?

1. Buyback of their tokens.
2. Revenue shares.
3. And stakings.

Honestly it depends.

Not all gamblers are looking for a new token to invest in. While profit is in mind of course, not every gambler is looking to benefit from revenue shares. Utmost priority is still the gambling features. Interface and user experience are what a gambler who regularly gambles would look out for.

Good selection of games, promos, marketing, withdrawal requirements, and bonuses could make or break a casino, and of course the community they can build.

[Julien_Olynpic]

I like it when a casino or bookmaker has its own token, it is always very interesting. In my opinion, having your own token significantly expands the marketing capabilities of the gaming platform. After all, it is actually an additional tool for attracting users. Perhaps someone was not familiar with the gaming platform, but simply traded the token. In the process of trading, many users may become interested in the gaming part of the brand. They can go to the gaming platform as curious people and explore the games on the platform, satisfying their curiosity.

[satscraper]

Guys, is these following utilities enough to make a online casino stands out among the others?

1. Buyback of their tokens.
2. Revenue shares.
3. And stakings.

Apart from the part that they offer same casino games that we are all used to, this casino project has its own token and it is availbe on the solana blockchain, we all know that on the web2 type of betting platforms you gamble and lose or win, but on web3 like you can get the share of the revenue, what do you guys think? Also isn't this a part of the reason why RoLLBit seem cool?

Casinos are solely for gambling rather than for staking ^{(which is supported by the numerous dedicated platforms available around crypto)} thus I would not highlight the latter as the attractive part of their essence. Tokens are also out of my interest thus I would not bite this bait.  Revenue shares is a good gamblers trap ^{(solely my view)} that has potential to get new customers providing they are not gambling-haters.

[ethereumhunter]

Guys, is these following utilities enough to make a online casino stands out among the others?

1. Buyback of their tokens.
2. Revenue shares.
3. And stakings.

Apart from the part that they offer same casino games that we are all used to, this casino project has its own token and it is availbe on the solana blockchain, we all know that on the web2 type of betting platforms you gamble and lose or win, but on web3 like you can get the share of the revenue, what do you guys think? Also isn't this a part of the reason why RoLLBit seem cool?

Casinos are solely for gambling rather than for staking ^{(which is supported by the numerous dedicated platforms available around crypto)} thus I would not highlight the latter as the attractive part of their essence. Tokens are also out of my interest thus I would not bite this bait.  Revenue shares is a good gamblers trap ^{(solely my view)} that has potential to get new customers providing they are not gambling-haters.

Staking are just additional income for casino and to attract more people to playing gambling on their place. Without staking, I guess casino can use promotion to attract people comes and that is not easy because they must compete with the other casinos. But if some casinos interest with creating tokens, that will be up to them but they must adjust their plan first and research the benefits for their casino. Not many people wants to invest in the casino tokens and they still prefer to invest in Bitcoin. Only whales that have much money and could allocate their money in many coins or tokens who wants to diversify their assets in crypto but that will depends on how good the casino.

[danherbias07]

I like it when investment and gambling are trying to be combined. I mean, Yolodice had success in letting their gamblers invest rather than playing and many members here have made profits out of that investment plan in Yolodice, including me. We even had a thread of the computation here before but I think we will need to dig deeper to see it again.
Now what you are proposing is like what Binance did by using BNB. It's not a bad idea but I had never seen an online gambling site that made success by creating their own coins and using it for more privileges. It's a risk, the expense of getting developers and a team to maintain the coin and of course the marketing too. Then, you will have to take care of the online gambling site too which could be a big workload.

[Smartprofit]

I would prefer to receive my gambling winnings in the form of Bitcoin or Litecoin, rather than in the form of online casino tokens.

When I receive winnings in the form of tokens, I quickly exchange them for "harder currency", that is, for more liquid and widespread cryptocurrencies. At the same time, the release of online casinos' own tokens seems to me to be a very good marketing move. Many players like it, they accumulate these tokens to get more attractive gaming conditions.

Therefore, in my opinion, online casinos will continue their experiments with the release of their own tokens. This is an interesting practice.

[Lida93]

Apart from the part that they offer same casino games that we are all used to, this casino project has its own token and it is availbe on the solana blockchain, we all know that on the web2 type of betting platforms you gamble and lose or win, but on web3 like you can get the share of the revenue, what do you guys think? Also isn't this a part of the reason why RoLLBit seem cool?

This reminds me of our dear freebitco.in casino and their casino token but right now it's a different topic, so token doesn't really make any outstanding preference for me as a gambling in chosing my casino. There are more unique features and services that should make a casino distinguished, and having a token is the least of them. And moreover, be it a web2 or web3 type we still experience wins and losses.

ROLLBIT  is a cool reputable online casino, nevertheless, their token wouldn't be a core reason I would want to make use of their platform. Perhaps op, you'll need to tell me more...

[gunhell16]

I would prefer to receive my gambling winnings in the form of Bitcoin or Litecoin, rather than in the form of online casino tokens.

When I receive winnings in the form of tokens, I quickly exchange them for "harder currency", that is, for more liquid and widespread cryptocurrencies. At the same time, the release of online casinos' own tokens seems to me to be a very good marketing move. Many players like it, they accumulate these tokens to get more attractive gaming conditions.

Therefore, in my opinion, online casinos will continue their experiments with the release of their own tokens. This is an interesting practice.

As for me, I also prefer to bet crypto assets in gambling than usdt stablecoins. Because if you use crypto assets and the opportunity comes to win a huge amount, a huge amount of crypto assets will also go to our balance.

So, if for example the one you used to match is TRX/Tron and we took it out in gambling where we won a huge amount and we transferred it to a cex platform and we hold it there, the amount we won in the value of usdt is still an opportunity this will multiply the amount we received at the gambling casino, right?

[satscraper]

Staking are just additional income for casino and to attract more people to playing gambling on their place.

Yeah, I understand this but at the same this  is a way to bind  your  hands and feet. Bounded money (even for the small period) is the last thing I would  want to see when visiting casinos.

 Dropped in, took some games,  withdrew ^{(or   cashed at casino's cage when inside the land based gambling spot)}, got out ^{(with no money bind inside).} This is my gambling credo.

[Wiwo]

Rollbit web3 is not a casino it is a centralized platform

Do not confuse yourself, Rollbit is not Web3. Or if I am wrong, get a link that I can connect to Rollbit in a way that I can connect to my noncustodial wallet to fund my account. That is what Web3 is.  But you are right that they are centralized. All Web3 casinos that I have known are also centralized.

Rollbit is not web3 casino as far as I know also, and there is no latest development in the Rollbit system that migrate them fro the normal traditional cryptocurrency casino to a Web3 at least, if there is anything like that, the team would have notified their community to keep them upto date we recent happings.

And concerning Rollbit token for r NFT, it just based on the web3 network and for sure the token aspect of Rollbit is far different from the casino, and as a matter of assumptions, I don't think Rollbit tokens are accepted on the casino to stake bets.

[_act_]

As for me, I also prefer to bet crypto assets in gambling than usdt stablecoins. Because if you use crypto assets and the opportunity comes to win a huge amount, a huge amount of crypto assets will also go to our balance.

There is nothing called USDT stable coins. USDT is a stable coin while there are other stable coins. So I think you mean USDT and other coins that are backed by fiat. Stable coins are of wide range because their are many stable coins in crypto like wBTC that is backed by good and PaxG that is backed by gold etc. Also the stable coins that are backed by fiat that you are talking about are cryptocurrencies. You can uns unstable coins to refer to bitcoin and others their prices are not stable.

Rollbit is not web3 casino as far as I know also, and there is no latest development in the Rollbit system that migrate them fro the normal traditional cryptocurrency casino to a Web3 at least, if there is anything like that, the team would have notified their community to keep them upto date we recent happings.

Even they can only have the Web3 as an alternative. Rollbit can not just substitute web2.

[Slow death]

Guys, is these following utilities enough to make a online casino stands out among the others?

1. Buyback of their tokens.
2. Revenue shares.
3. And stakings.

Apart from the part that they offer same casino games that we are all used to, this casino project has its own token and it is availbe on the solana blockchain, we all know that on the web2 type of betting platforms you gamble and lose or win, but on web3 like you can get the share of the revenue, what do you guys think? Also isn't this a part of the reason why RoLLBit seem cool?

We have to ask ourselves how many customers do casinos that have their own tokens have compared to how many customers do casinos that don't have their own tokens have. I believe we will see that most of the old casinos that have a good reputation and are offering good bonuses and many advantages in VIP accounts will have more customers compared to casinos that have their own tokens. This is because a casino or betting house was made for people to go and play and not for people to make investments. When people play and lose and then the casino gives them a bonus, people are more motivated to continue playing at that casino. Now, when a person plays at a casino and receives tokens from the casino, then that person will take the token from the casino and start thinking about hodling to make more profit, that person will start to divert from gambling to investing.

[ethereumhunter]

Yeah, I understand this but at the same this  is a way to bind  your  hands and feet. Bounded money (even for the small period) is the last thing I would  want to see when visiting casinos.

 Dropped in, took some games,  withdrew ^{(or   cashed at casino's cage when inside the land based gambling spot)}, got out ^{(with no money bind inside).} This is my gambling credo.

Yes, you are right because when people invests in the casinos by buying the token and staking in that casino, they can not leaves the casino and only waiting until they gets the rewards. But they don't have to playing gambling and only need to waits while they can see their reward grows.

Investing in the casino token or not will depends on their decision because no one force them to participates in that investment by staking the token to earns more amount. So that will be good for them because they only have to enjoy their time to playing gambling.

[mindrust]

I like it when a casino or bookmaker has its own token, it is always very interesting. In my opinion, having your own token significantly expands the marketing capabilities of the gaming platform. After all, it is actually an additional tool for attracting users. Perhaps someone was not familiar with the gaming platform, but simply traded the token. In the process of trading, many users may become interested in the gaming part of the brand. They can go to the gaming platform as curious people and explore the games on the platform, satisfying their curiosity.

How do you find that interesting actually? I haven’t seen a casino token before that hasn’t scammed its holders yet. It is always a dumpfest from start to finish and whoever is stupid enough to hodl them wurthless tokens gets the boot. Casinos should adopt cheap and wellknown alts like doge and ltc if they want to attract pepple who demand low transaction fees. Freebitco.in adopted FUN token and it again ended badly because that token was completely crap to begin with.

[KiaKia]

Apart from the part that they offer same casino games that we are all used to, this casino project has its own token and it is availbe on the solana blockchain, we all know that on the web2 type of betting platforms you gamble and lose or win, but on web3 like you can get the share of the revenue, what do you guys think? Also isn't this a part of the reason why RoLLBit seem cool?

Rollbit is not Web3 but web2, but it has a coin. What do you mean by we all know that on the web2 type of betting platforms you gamble and lose or win, but on web3 like you can get the share of the revenue? There is nothing different between web2 and Web3 casinos than the way they make deposits and withdrawals. Many Web3 casinos are also web2 because they support deposits and withdrawals just like those web2 but also support web3 by connecting with wallet. Some also support deposit through cards.

You are right, there isn't much difference between the two, but it is a free world to believe in whatever I want, web3 casinos operate on decentralised platform and web 2 casinos rely on centralised servers controlled by corporations, as you can see, the difference is still there.

Decentralisation in web3 gives users the control over their data, equals to more transparency and inclusive digital haven.

Also web2 casinos rely on traditional payment gateways, but web3 casinos employs blockchain tech, you can't see thr authenticity of true ownership from web2 it seems, but very possible in web3 casinos.

The only problem I have is where the hell are the true decentralised casinos, one minute they pretend to be and the other they aren't anymore.

[KiaKia]

Rollbit web3 is not a casino it is a centralized platform

Do not confuse yourself, Rollbit is not Web3. Or if I am wrong, get a link that I can connect to Rollbit in a way that I can connect to my noncustodial wallet to fund my account. That is what Web3 is.  But you are right that they are centralized. All Web3 casinos that I have known are also centralized.

I can't say that rollbit is web 3 also but there are few facts that makes a platform or service web 3, like architecture, ownership and user experience. Rollbit isn't decentralised I guess, and decentralisation is part of web3, you can't rub off giving users control over their data and assets. Web 3 casinos offers more immersive experience with decentralised way of betting, tokenization and community driven decisions making.

Web3 casinos provides more secure and transparent experience with the potential for increased adoption and loyalty.
Web2 casinos established infrastructure and user base with a focus on convenience and familiarity. I think this is the way things should be, but online casinos this days just operates anyhow, and it seems that decentralised gambling is impossible, since many are forced to ask for KYC details from gamblers.

[TheUltraElite]

The only they dont offer anymore is the real investing.

They try to do away with phrases like staking/token buyback and so on. You think that you are investing on the casino but in reality you are going to the loss. Hence they bring in the buzz because the market picks it up and the news blows up bringing in the views but are they actually useful? I dont know I am more in the "nay" side of things.

But if they actually offered investing, I would be the among the first few to contribute.