Do Casino Promotions Slow Down During Bear Markets?

[stadus]

I just noticed that now the market is dumping, it feels like promotions like signature campaigns are getting fewer on the forum.

During bull season, casinos and gambling sites probably expect people to gamble more, since everyone feels richer. But during bear season, most gamblers tighten their budget and spend less. So does that mean casinos also reduce their promotions when the market is down? Is this what we’re seeing now?

Or is it just coincidence?

What do you guys think, have you noticed the same trend?

[Don Pedro Dinero]

What do you guys think, have you noticed the same trend?

In my experience over the years, the trend is yes, but that doesn't mean it's a catastrophe. Just as in a bull market, there are times when large casinos that have been around for a long time end their campaigns here. Although the trend is for budgets to be reduced and for there to be fewer campaigns and fewer slots available.

[suzanne5223]

Gambling platform business is just like every other business that have it's raining and dry season, and the reason why there's huge number of casino and betting platform marketing on this forum during the bull market is that it's easy for most crypto enthuiasts to spend the profit they made through holding for years/months on something they like rather than selling/using their asset during bearish season when they ought to focus on accumulation.
Nevertheless, we have some gamblers who never see such ta hing as a big barrier but the fact is it that every crypto casino have high chance of getting more traffic during the bullish market.

[coin-investor]

I just noticed that now the market is dumping, it feels like promotions like signature campaigns are getting fewer on the forum.

Your observation is correct, gamblers tend to slow down, so some casinos prefer to slow down on their promotion
But not for the top casinos in the industry, they will keep up their promotions.

Whatever the market conditions, it depends on the casino whether they want to continuously establish their brand and maintain their momentum.

There will always be casinos that will launch marketing here on Bitcointalk, they know this is the best place to promote their promos and deals.

[Japinat]

A bull run is like a celebration in the crypto space, so when people are in profit, they’re more willing to spend, and that’s why gambling activity usually increases. It’s simple, when you’re winning, you feel more confident to play and take risks.

But during a bear market, most people are in loss, so instead of spending, they just hold their Bitcoin and wait for the market to recover. Still, even in bad times, there’s always enough activity going on to keep the industry profitable.

[Charles-Tim]

In my experience over the years, the trend is yes, but that doesn't mean it's a catastrophe.

Are you sure about this? I do not think so because of what I noticed in 2022, but maybe previous years can be like that. I remember in 2022, there was bear market since January to December, but there were many new campaigns on this forum at the time. If I remember very well, mixers was also among them that flooded this forum. But let us see how this year will be as the bear market continues.

[Taskford]

I just noticed that now the market is dumping, it feels like promotions like signature campaigns are getting fewer on the forum.

During bull season, casinos and gambling sites probably expect people to gamble more, since everyone feels richer. But during bear season, most gamblers tighten their budget and spend less. So does that mean casinos also reduce their promotions when the market is down? Is this what we’re seeing now?

Or is it just coincidence?

What do you guys think, have you noticed the same trend?

I think not since there are still several campaigns open up, also I don't think they are been bother with price changes of the market since they can still earn the same thru volumes deposited by gamblers at what price reach by those altcoins they choose to use.

Also I think situation still similar since lots of sig campaigns including those long time running ones still exist in this forum.

Maybe you are just over expecting that's why you feel like there's a decline happening?

[mirakal]

If I remember very well, mixers was also among them that flooded this forum. But let us see how this year will be as the bear market continues.

I think we shouldn’t really include mixers in the comparison anymore, since they’re already banned on Bitcointalk anyway. And honestly, I noticed this before too, mixers campaign were never really slow, they always had a lot of participants, because no matter what the market situation was, people still needed to transact.

Unlike in gambling, where people are usually more willing to lose money only when they’re earning from other ventures first. When profits are good, they play more, but when things are bad, they slow down too.

[Don Pedro Dinero]

Are you sure about this? I do not think so because of what I noticed in 2022, but maybe previous years can be like that. I remember in 2022, there was bear market since January to December, but there were many new campaigns on this forum at the time. If I remember very well, mixers was also among them that flooded this forum. But let us see how this year will be as the bear market continues.

That's what I was trying to say, that in bear markets the trend is towards fewer campaigns, but not always, as in the example you give for 2022. Similarly, last year, when we were in a bull market, we saw some long campaigns with many slots end their operations in this way.

Now, for example, mixers are not allowed in the forum, so I doubt that something like 2022 will happen again, but that doesn't mean we should expect an extremely bad year for campaigns.

[dimonstration]

I just noticed that now the market is dumping, it feels like promotions like signature campaigns are getting fewer on the forum.

What do you guys think, have you noticed the same trend?

It’s understandable since they are in losses when the market is dumping. They have bankroll on crypto they are offering so all those crypto assets is decreasing in value.

I’m not sure to the actual effect of market dump to the wager volume on casino but I believe it affects it which means it decreases profit.

You’re right on the observation that marketing decreases on uncertain market condition like this.

[Fivestar4everMVP]

I just noticed that now the market is dumping, it feels like promotions like signature campaigns are getting fewer on the forum.

During bull season, casinos and gambling sites probably expect people to gamble more, since everyone feels richer. But during bear season, most gamblers tighten their budget and spend less. So does that mean casinos also reduce their promotions when the market is down? Is this what we’re seeing now?

Or is it just coincidence?

What do you guys think, have you noticed the same trend?

Well, the truth of the matter is that the bear season or market actually affects the income of every one and businesses alike, even exchanges notice significant reduced trading activities during bear market so I don't expect things to be different for casinos during seasons like this as well.

So yeah, many casinos do reduce their promotions and marketing efforts during a bear season because instead of gambling, many people are more busy watching the market and shifting positions to better save their investments from total collapse.
Only the casinos that have built a very strong and solid foundation and a great customer base manages to maintain the same marketing and promotion efforts during a bear season because no matter how bad it gets, they are never in shortage of customers playing and the casino making profit.

[giammangiato]

What do you guys think, have you noticed the same trend?

They tend to reduce by a great deal when the market falls rapidly and by a great deal, as in this case during this period the bonuses are present but are not very favourable.
They still push the player to play but are not as tempting as they should be.
Casinos are a full-fledged business and they adapt to the market of course.

[Marvelockg]

During bull season, casinos and gambling sites probably expect people to gamble more, since everyone feels richer. But during bear season, most gamblers tighten their budget and spend less. So does that mean casinos also reduce their promotions when the market is down? Is this what we’re seeing now?

For casino that runs their signature campaign on the forum and pays are participant in bitcoin, it is actually more difficult  for them to pay when the market is down and the price of bitcoin goes down because the value of their bitcoin must have gone down and with that, they are at a loss selling their bitcoin or pushing their bitcoin out when the market is actually not favorable. we can say that those that gains from market DIP are the participant of signature campaigns because they get to receive their pay at the point when the market is down and that they can keep holding till the market goes up. gamblers reaction during the DIP is another factor and generally, when there is a DIP it affects almost every sector.

[Wakate]

That has been the really fact with crypto casinos. When the price of Bitcoin is falling, these companies are losing money because they have holdings in many cryptocurrencies including Bitcoin, Ethereum, Solana, BNB and others that are volatile currencies.
Since they are losing money, there is possibility that they might reduce their marketing during the bear market.

[bakasabo]

I dont feel that amount of promotions and signature campaigns in particular decrease when market is bearish. To run a promotion campaign that isnt a spontaneous decision that is paid for in the moment. Campaigns have budgets and planning. Market turn bearing rather quickly. I think that bounty managers hold signature campaign rewards for weeks or months. A maximum what campaign can do is to readjust expenses. But, I notice that casino promotions in form of signature campaign increase during bull market.

[Vaculin]

That has been the really fact with crypto casinos. When the price of Bitcoin is falling, these companies are losing money because they have holdings in many cryptocurrencies including Bitcoin, Ethereum, Solana, BNB and others that are volatile currencies.
Since they are losing money, there is possibility that they might reduce their marketing during the bear market.

I don’t really agree with that, because casinos are not making profit from the price of the crypto they’re holding, they’re making money from players’ losses. So if a casino doesn’t know how to manage risk properly and convert part of their funds into stablecoins, they won’t survive in the long run.

That’s why, for me, that way of thinking is a bit out of touch with how this business actually works.

[Slow death]

I just noticed that now the market is dumping, it feels like promotions like signature campaigns are getting fewer on the forum.

During bull season, casinos and gambling sites probably expect people to gamble more, since everyone feels richer. But during bear season, most gamblers tighten their budget and spend less. So does that mean casinos also reduce their promotions when the market is down? Is this what we’re seeing now?

Or is it just coincidence?

What do you guys think, have you noticed the same trend?

The answer to that question lies within each of us.

Do you stop gambling when the market is down?

Because in my case, I don't care if it's a down or up market, I keep gambling, and I believe most people do exactly the same thing as me because they know very well that gambling is not an investment. So, separate things: one thing is investment, where the assets are in a down market, and therefore taking a break is the best option; and another thing is entertainment (gambling), which doesn't matter if it's a down or up market, it's just fun, it shouldn't be taken seriously.

[MRY]

I just noticed that now the market is dumping, it feels like promotions like signature campaigns are getting fewer on the forum.

During bull season, casinos and gambling sites probably expect people to gamble more, since everyone feels richer. But during bear season, most gamblers tighten their budget and spend less. So does that mean casinos also reduce their promotions when the market is down? Is this what we’re seeing now?

Or is it just coincidence?

What do you guys think, have you noticed the same trend?

The answer to that question lies within each of us.

Do you stop gambling when the market is down?

Because in my case, I don't care if it's a down or up market, I keep gambling, and I believe most people do exactly the same thing as me because they know very well that gambling is not an investment. So, separate things: one thing is investment, where the assets are in a down market, and therefore taking a break is the best option; and another thing is entertainment (gambling), which doesn't matter if it's a down or up market, it's just fun, it shouldn't be taken seriously.

Having a strong division between your earning money and your asset base is quite an intelligent way of running your finances in the midst of economic conditions. I concur that the act of combining moods upon viewing price charts with the requirement to find personal gratification will merely hurt our general state of mind.

We have to realise that seeing gaming as a recreational pursuit rather than one where we have to balance our expenses to a predetermined projection is the safest way of preventing ourselves to get into a loop of stress which will cause a more serious issue down the line. Keeping a straight line between our needs in the future and where we are today makes us keep our heads straight and helps us stay rational given the current changing market conditions.

[rachael9385]

I just noticed that now the market is dumping, it feels like promotions like signature campaigns are getting fewer on the forum.

During bull season, casinos and gambling sites probably expect people to gamble more, since everyone feels richer. But during bear season, most gamblers tighten their budget and spend less. So does that mean casinos also reduce their promotions when the market is down? Is this what we’re seeing now?

Or is it just coincidence?

What do you guys think, have you noticed the same trend?

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.

[Pandu Geddon]

I just noticed that now the market is dumping, it feels like promotions like signature campaigns are getting fewer on the forum.

Maybe that's just how it is. Casinos that still want to run promotions will definitely cut their budget. But those who might have had enough of promotions will end their campaigns. However, we can see some casinos also start campaigns again after a break. I don't know if this is related to market conditions. But some gamblers might ignore the current market situation and continue gambling as usual.