Casinos Bankroll

[seoincorporation]

Do you think the casinos bankroll should be public information?

I think that would be a great way to build trust, in the past i have seen some fair casinos who makes public their bankroll and you can see live how it changes after a huge win/lose, But nowadays the casinos that run with a licence don't prove us their liquidity, and that doesn't feels good because what would happen if the casino only have $10k bankroll, for sure a lot of users would avoid playing on it.

Share your thoughts guys, should bankroll be public information or not?

[stompix]

Do you think the casinos bankroll should be public information?

Why?
It serves zero purpose, it can be easily faked, and it doesn't guarantee anything, a casino can have millions in it and still deny you a payment.
Besides, if a casino had $10k in the bank, this is already a sign that nobody plays there, so....?

The only thing this will generate will be a lot of fake reporting and advertising based on that, fooling a lot of newbies into believing some one man casino is rolling in billions, remember how the fake Chinese exchange volume worked and then fake volume spiked everywhere?

[jas0190]

Many casinos are publicly traded companies so that is public information.

[SmartGold01]

Share your thoughts guys, should bankroll be public information or not?

Have you also think about the risk involved making it that public?
Yes, this is another way to catch up the eyes of the hackers to easily starts planning on how to strick on that gambling platform. This is also about a matter of security and privacy they need to protect themselves against any external attacks, the reason why exchange are mostly hacked is because of their openness and the total liquidity they have on the exchange all these also attract hackers, so, for about gambling site they are hardly hacked because they don't know about their bankroll or their worths the only way is just by reputation and how big the gambling site could be.

[AbuBhakar]

Do you think the casinos bankroll should be public information?

Why?
It serves zero purpose, it can be easily faked, and it doesn't guarantee anything, a casino can have millions in it and still deny you a payment.
Besides, if a casino had $10k in the bank, this is already a sign that nobody plays there, so....?

Betmode has this feature which their bankroll can be track on the blockchain. They list their casino wallet and put a casino bankroll counter on their homepage to guarantee player that they can pay bets of player.

https://betmode.io/

I think this is the most transparent way to declare casino bankroll.

I like casino that will be transparent on bankroll so that I can easily check whether casino is near to bankrupt or their business is still booming so betting is still safe.

[milewilda]

Do you think the casinos bankroll should be public information?

I think that would be a great way to build trust, in the past i have seen some fair casinos who makes public their bankroll and you can see live how it changes after a huge win/lose, But nowadays the casinos that run with a licence don't prove us their liquidity, and that doesn't feels good because what would happen if the casino only have $10k bankroll, for sure a lot of users would avoid playing on it.

Share your thoughts guys, should bankroll be public information or not?

Most of them doesnt show off and the only site i do saw that showing all the stats is Bustabit.



I try to check Bitvest too but i cant be sure if thats the total Bitcoins invested.
So i visited this one https://blog.bitvest.io/post/how-bitvest-stores-your-coins
There are two primary categories of bitcoin wallets. Hot Wallets, and Cold Wallets.


This is where we can say about transparency specially on Bustabit, but somewhat on the current existing ones are still that having no issue at all.
This is why we can say that its not the main basis on telling whether a platform or company will be credible or not. Just like on what been said above that there's no such purpose though
because as long these platforms are paying then we dont see any issues on here but we cant be able to deny the fact that having that kind of transparency on which is much more preferrable.
We can be able to say whether the site is doing well when it comes to revenue making or slowly that going down on which if ever you do see up such information then you do have already
that idea on what you should gonna do.

[$crypto$]

Yeah if there is a casino it will obviously build public trust --- but what is the risk that the casino will be faced by other parties? Obviously this will be the target of hackers to become the next target.

I think nowadays almost every casino that has a license will not publish their bankroll, and only the team and internal parties know afterwards that they will not publish it.

However, many people still trust casinos even if they don't show all their liquidity.

[Free Market Capitalist]

Many casinos are publicly traded companies so that is public information.

It doesn't see to be the case. I've asked ChatGPT about it:

Good question — generally speaking, casinos’ bankrolls are not public information. Here's a quick breakdown:
🎲 What is a "casino bankroll"?

A bankroll refers to the total amount of money a casino sets aside to cover player wins. It's like their reserve to pay out bets — especially for big winners.
🕵️‍♂️ Is it public?

    Privately owned casinos: Their finances, including bankrolls, are usually completely private unless voluntarily disclosed or leaked.

    Publicly traded casino companies (like MGM Resorts or Caesars): They do release financial statements, but they don’t break it down by bankroll. Instead, you’d see things like revenue, operating expenses, liabilities, and cash on hand. Still, that’s not the same as a specific “we have $X reserved to cover bets.”

    Regulated by gaming commissions: In many jurisdictions (like Nevada), gaming authorities require casinos to maintain sufficient funds to pay out winnings — but the exact amounts are typically not disclosed to the public.

Do you think the casinos bankroll should be public information?

I think that would be a great way to build trust, in the past i have seen some fair casinos who makes public their bankroll and you can see live how it changes after a huge win/lose, But nowadays the casinos that run with a licence don't prove us their liquidity, and that doesn't feels good because what would happen if the casino only have $10k bankroll, for sure a lot of users would avoid playing on it.

Share your thoughts guys, should bankroll be public information or not?

Since you ask, I think so, but I also think it is very unlikely that they will implement it. If you see the answer I posted from ChatGPT I think it refers mostly to fiat casinos, and in the case of cryptocurrency casinos, which have more lax licenses, I think that not only in terms of publishing the bankroll but in terms of reserves of funds consequently they will be more lax as well.

[Wapfika]

This is where we can say about transparency specially on Bustabit, but somewhat on the current existing ones are still that having no issue at all.
This is why we can say that its not the main basis on telling whether a platform or company will be credible or not.

I knew how trusted Bustabit because they are the pioneer of crash game. However, the image that you share about their stats is just is plain text without any reference for their wallet address containing funds in the blockchain.

I think declaring their wallet address that holds their bankroll is a must if they want to become fully transparent on their holdings.

I don’t have an account on bustabit, please share if their wallet is available.

[sunsilk]

If the exchanges can do it, why can't the casinos do it? But it also makes sense that if this is just for public viewing, like what Stompix said, that it can be faked and done for the sake of trust and confidence, but the reality is still different.

However, if it's the government or the regulators that are going to ask them for that so that there can be verification with a government agency so they cannot fake it out, that will make sense.

But this time, the trust is more of the reputable casinos even if there is no need for them to show some proof of bankroll or reserve. Maybe for the newer ones, this could be a thing for them to get the trust of the public and their possible customers.

I think declaring their wallet address that holds their bankroll is a must if they want to become fully transparent on their holdings.

I don’t have an account on bustabit, please share if their wallet is available.

Bustadice has that open bankroll and the investments as well, they have it open for the stats open for all users.

[stompix]

Betmode has this feature which their bankroll can be track on the blockchain. They list their casino wallet and put a casino bankroll counter on their homepage to guarantee player that they can pay bets of player.

Who guarantees that those are indeed their funds and they are not just lending funds from someone?
Remember how Binance was caught faking it, and their audit company dropped out of it?

Many casinos are publicly traded companies so that is public information.

Care to name a few of those public traded casinos that publish their bankroll if they are so many of them?
There is no financial report in which a company shows its "bankroll", it shows their cash reserves that can be used for anything, including paying expenditures not related to player winnings.

[kotajikikox]

Do you think the casinos bankroll should be public information?

I think that would be a great way to build trust, in the past i have seen some fair casinos who makes public their bankroll and you can see live how it changes after a huge win/lose, But nowadays the casinos that run with a licence don't prove us their liquidity, and that doesn't feels good because what would happen if the casino only have $10k bankroll, for sure a lot of users would avoid playing on it.

It can attract more players yes but if this is the case then the casino can just lie about it to ensure that they will have more players playing in their casino than on their opponent's casinos. Casinos already give away their liquidity information to authorities but not to players so if the casino is licensed you can feel safe that they have enough liquidity approved of the authorities.

[Findingnemo]

I don't see any reason why it should be a piece of public information, unless they offer bankroll investment then making the bankroll details visible will attract investors but for traditional casinos they just keep it with them. And also it attracts unnecessary attacks on their security, which is very big cost for nothing.

And crypto casino is ha ighly competitive market, so revealing sensitive information can go either way so it's better be as now.

[Agbamoni]

Share your thoughts guys, should bankroll be public information or not?

As a gambler ask yourself will you be comfortable sharing your bankroll information with any other gambler, except from your friends or relations? We all know that our bankroll should be kept personal, although there are persons who will still be comfortable in sharing their bankroll to others but that is their own cross to bear. I don't agree with the idea of casinos making their bankroll information public. If you think they should do it because of trust, then you are mistaken. Any casino with strong polices, security and KYC, fair and fast payout, good reputation from different gambling communities and with 100% licensing & regulation is enough to build trust with gamblers.

Sharing their bankroll information can attract scammers and online hackers to make the casino a top target for their attacks.

[Eternad]

Sharing their bankroll information can attract scammers and online hackers to make the casino a top target for their attacks.

This hoax. Casino is known for having a huge bankroll therefore hacker and scammer is already knew that they are loaded regardless if the casino disclosed their bankroll or not.

We can use Stake.com as an example. They never disclosed their bankroll but they are hot with hackers because they are the biggest casino brand in online casino.

Declaring bankroll is just for transparency that casino can pay players bet.

[Charles-Tim]

What that matters most is the trustworthiness of the gambling site and the traffic that is coming to the site. If there is more traffic, know that the gambling site is making enough money which will helped those that invested in the bankroll.

Or you mean for transparency? For gamblers to know if the gambling site have enough money? Most gambling sites are not like this. All that matters should be the traffic. Gamblers are losing. The more a gambling sites have customers, the more money they make.

[coin-investor]

Sharing their bankroll information can attract scammers and online hackers to make the casino a top target for their attacks.

This hoax. Casino is known for having a huge bankroll therefore hacker and scammer is already knew that they are loaded regardless if the casino disclosed their bankroll or not.

We can use Stake.com as an example. They never disclosed their bankroll but they are hot with hackers because they are the biggest casino brand in online casino.

They are the biggest sponsor of so many sporting events, like UFC, and they are the choice of many celebrities, and they have massive advertisement, so it's easy to figure out that Stake has a huge bankroll.

When you're the industry leader, they know that you have a massive bankroll and people are left imagining how huge it is and so Stake thinks it's better that way.

[Wapfika]

What that matters most is the trustworthiness of the gambling site and the traffic that is coming to the site. If there is more traffic, know that the gambling site is making enough money which will helped those that invested in the bankroll.

This!

It’s easy to fake casino bankroll even if it’s on-chain because of the existence of the loan.

Reputation of the casino that built over many years is the real basis to trust the casino completely instead of declaring bankroll. Big casino don’t show their bankroll but they prove their trustworthiness through paying all big wins immediately without any hassle.

That is much better than a transparent bankroll.

[Z-tight]

I don't think this is important, so many casinos have denied players winnings so many times, but it has never been proven that it was because they were insolvent, because the casinos are still running and there are other players who get paid. Casinos can also fake information like this, i don't care about them exposing their bankroll, what is more important is that casinos should simply not deny players winnings with impunity, there should be better ways to hold them accountable.

[Awaklara]

Share your thoughts guys, should bankroll be public information or not?

I think that casinos that show Bankroll do not show that they are truly trustworthy. In the forum, we have seen many casinos with good reputations also do not publish their bankrolls. But the most important thing is that the casino always pays its customers' winnings. That's what shows they are trustworthy. If the casino can be transparent and honest in paying customers' winnings, of course, it will be good. But being transparent about bankroll is not a measure, I think.