Do Casino Promotions Slow Down During Bear Markets?

[Dunamisx]

I don't expect for a slow down in promoting a casino during the bear market, because the awareness for the casino shouldn't only be more tuned towards the promotion given, sometimes, we have to see beyond all these, because the crypto seasons does not have effect on the casinos promotions, since the target for this purpose is to bring for more awareness to their platform and get reach to the world on what they offers, so that they could get more exposures to gamblers across all their targeted regions.

[Alphakilo]

So in regards to that, I definitely think that bear market also has a role to play in the slow launching of signature campaigns. Because imagine if a company with $100,000 in Bitcoin had budgeted to start a signature of $5000 for the month of January for promotions, and only to wake up the next few days to see his $100,000 fall to $80,000, and yet it kept depreciating in value, such company will definitely wants to take a break to re-strategize on how they intend to play the budget again.

This makes perfect sense. Yes, a drop in the price of Bitcoin and cryptocurrencies in general will lead to a decrease in the budget allocated for campaign spending, and this will result in reduced promotional campaigns or shorter durations.

Of course, it's not the only factor, but it's another factor added to the others we mentioned that cause most companies and casinos to become less active during a bear market.

I think only crypto currency casino platforms may slow down during these bear seasons, but if other payment processor that allows stablecoins or altcoins, then am sure the bear season mostly affects Bitcoin betting rather than the bear season have much effect on stablecoins or some altcoins.
Casinos have a long standing budget for their promotions and during these bear seasons, they could slash the budget to accommodate the dip of which has an effect on value of the currency.

[Asiska02]

Casino promotions in the forum don’t look to be reduced drastically during bear season in my opinion. It just maybe a coincidence that the casinos are reducing their budgets and not wanting to focus more on promotions here at the time. During bear and bull season doesn’t mean casinos won’t have more patronage. Gambling is a game of luck, so probably of the profits doesn’t come for you during the bull market periods, if you try again during the bear market periods, you’ll get a chance to be profitable at that time.

The long term goal of all casinos is to remain profitable and see the value of their promotions here. So many casinos do not change their promotions or cut their budgets here irrespective of the season we are in the market, so we can’t say that’s the reason when not all casinos are taking that step when the bear market is upon us. It’s subjective to casinos and there reasons is clearly known to them better.

[terrific]

I've seen bear markets and how the casinos reacted with that.
I don't think that most of them will slow down with their promotions and that's still the usual time for them to continue.
Because no matter what is the situation of the market, people will always find a way to gamble.
It's not only the crypto that's going to be the source of their customers money for gambling.
They know it that even the fiat gamblers have the chance to shift during this time for as many as knew it, that's the advantage to get more in stack of crypto whether to gamble, or to invest.

[Odogwu-Blockchain]

The long term goal of all casinos is to remain profitable and see the value of their promotions here. So many casinos do not change their promotions or cut their budgets here irrespective of the season we are in the market, so we can’t say that’s the reason when not all casinos are taking that step when the bear market is upon us. It’s subjective to casinos and there reasons is clearly known to them better.

There are startup who could not be able to meetup their budget because of bear market conditions, while some companies are strong enough to continue their promotions no matter the circumstances they may face, they already calculated if challenges will come or not, what they'll do if it comes and how to navigate through or minimize the number of participants or reduce the budget but promotion will still continue.

It's always like that.

[Wakate]

Whenever the Market is dumping that's always a bad season even when you are being paid to slow down and promote some
casinos most people forget it due to the fact that they become absent minded.During a bear Market most people don't really gamble the same because they become conscious of losing more. This is the mindset of some gamblers and the reason why they avoid gambling during a dip.

You know that not everybody does gamble with volatile tokens and most of us do use stable coins like USDT and USDC to make deposit and gamble. During the bear market, it is better to use stable coins to gamble than to use volatile tokens that can easily lose it value if the crypto market continues to dip. Using stable coins to bet is the best during the bear market.

[LUCKMCFLY]

Casinos promotion is not tied on the value of cryptocurrency but on  their marketing and promotional launching schedule

Yes, I agree with that For me, the casino promotion is like that  it has nothing to do with whether the market is going up or down. It has to do with the casino's own processes and properties, without market intervention. Some people think it's like that , but a casino doesn't move based on the trend of BTC or cryptocurrencies in general.