Do Casino Promotions Slow Down During Bear Markets?

[skarais]

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?

Trends can change as market trends change, but I think casino promotions will continue even if there may not be as many new ones. I haven't looked into the details of what you're worried about, but it's a possibility given the changing interests in the industry. The gambling industry is still considered one of the most profitable sectors and interest in it has not decreased drastically, and in fact, it tends to increase along with population growth and economic improvements at the low dan midle level. However, you may be right that the market can trigger enthusiastic changes in this industry.

[Ronsbit]

Yes, I did notice it as well, but the big rollers are never affected by such a sudden event of price decline because they are big players in the industry, and that does not bother them as they would still keep doing their promotion and to get more players to their platforms, although players too are affected by the sudden price decline  and they would definitely reduce their gambling budget as a result of the decline abd this is why the big rollers always take advantage o such situation to get more players rolling in with their bonuses and promo.

[Fortify]

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?

It's quite possible that casinos will see pullbacks during periods where crypto is falling, because regardless of what some might say - people actually like stability and don't like waking up to their investment dropping 15% overnight while they were sleeping. It takes a little while for the new price to percolate through and the realization of the new value, assuming it doesn't jump back up again quickly. The casinos might push out promos at the same rate, because they are usually short time spanning offers which don't take that much of a hit at the individual player redemption level. The uptake of those offers might be lower though, as the players recalculate what they've got left to gamble.

[Hazink]

Do they actually have a season as to when campaigns flood the forum? I can't recall if it's during any particular market season, but I have witnessed the forum being flooded by campaigns majorly casinos, and few exchanges, which I believe there are season why the companies consider promotion to be very effective, but I don't think it's being tired to bull or bear the market it's just them knowing when to get the right traffic using the budget they have at hand.

[Hypnosis00]

It aligns with market conditions most of the time. Big companies stay despite the market situation, while small companies stop. It was not that they are not willing to spend but rather to be a part of budget management, and even though they see that promotion has a huge impact on their income, they still consider stopping.

Just like us gamblers, most of us spend more during bull season but spend less during bear season. However, I think the decision is right. In all businesses, this really happens when they notice there is a decline of profit.

[Russlenat]

Do they actually have a season as to when campaigns flood the forum? I can't recall if it's during any particular market season, but I have witnessed the forum being flooded by campaigns majorly casinos, and few exchanges, which I believe there are season why the companies consider promotion to be very effective, but I don't think it's being tired to bull or bear the market it's just them knowing when to get the right traffic using the budget they have at hand.

IIRC, last year around the last quarter there were a lot of campaigns opening here, and the market at that time was pretty bullish. You could also tie it to the season, since with the holidays coming up, people are usually more willing to spend, and gambling is naturally part of that.

But if that last quarter had been a bloody market, I think the situation would’ve been very different.
So yeah, this is just an observation, but I noticed the same pattern back then too.

[red4slash]

It's just a business strategy to stabilize the resilience of their money, I think it's quite normal and it happens sometimes.
It's just that maybe for some promotions on large sites they will not be too affected because after all they know that when conditions on some small sites decline then this can be an opportunity for their site to show strength and provide a barrier to convey that they are a bigger and more secure site in terms of finance and business so that at this time even though there is a reduction but for some large sites still provide their promos even though the bearish is ongoing.

They know they are spending more value for now but it will be worth it when there are many visitors coming to their site.

[EluguHcman]

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.

The casino is a business industry that instigates launching campaigns consisting the trend of the crypto market in the essence that as much as they are investing on promotional projects and making budgets for campaigns, so they are following the trends that the promotion can actually be effective to fetch them income.

It is also true that as much as as Bitcoin price and other crypto prices are increasing and investors are making it joyfully, so they can also afford to play.
And yeah, the market phase is not what regulates the casinos as may think by OP, there are still so many of them still running their compaigns while some already suspended because some can afford to keep paying for the projects despites the winter while some are due to management temporarily backdown from spending more money when there is no inflow of players in the site due to the effect of market conditions.

[aioc]

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

It's more alarming if the longest-running campaign just stops their campaign, but we still see them running and continue accepting participants. In the toughest market conditions, only competitive casinos continue their campaigns because they know branding is important, regardless of the market.
It's a sign that the casino is making a profit and would like to take advantage of the opportunity, as many casinos have stopped their marketing.

[Woodie]

I think as a business contingent plans need to be put in place because it won't always be rosy and if we are just going to look at the negative side of the markets, what happens when price jumps 10fold do they pack up and go because their profits have grown instantly.. no!! Like they say you win some, you lose some so promotions for starters are covered in their budget's but if the marketing doesn't bring in the numbers then a change of approach is need to improve traffic!

[robelneo]

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

Not for big, top casinos; they continue to market their platform. When you are fighting to be in the top positions, you will protect your position through nonstop marketing. Casinos are a highly competitive niche; they may pause marketing during market downturns, since gamblers who are also investors tend to focus on the market. But once it improves, expect them back in marketing.
Every industry has a cycle of slowdown, and the gambling industry is no exception.

[JiiBs]

Do they actually have a season as to when campaigns flood the forum? I can't recall if it's during any particular market season, but I have witnessed the forum being flooded by campaigns majorly casinos, and few exchanges, which I believe there are season why the companies consider promotion to be very effective, but I don't think it's being tired to bull or bear the market it's just them knowing when to get the right traffic using the budget they have at hand.

I haven’t really noticed any changes as it concerns the market conditions and the casino promotions. Perhaps we are viewing the casinos to be practicing a great deal of holding themselves which is very possible but, should the market conditions actually affect casino activities, I think not. They both exist independently of themselves and while one is a service, the other is payment for service. The bear market shouldn’t negate the casino promotions in anyway.

[OgNasty]

The larger casinos are pretty well capitalized. I don’t think they are affected much by market conditions. If anything, they would see it as an opportunity to expand their market reach while the smaller casinos are struggling.

[STT]

It has to be a really harsh pullback to be the case and trading this high does not qualify as such.   This is just a normal pullback for Bitcoin, I realize its not small but BTC doesnt do small its a roller-coaster and everyone knew that when they got on in the first place.   It goes up big, it pulls back big and for all I know it'll be 100k by month end, we just dont know.
 
  I dont see any of that as really discouraging the gambling mindset from taking part, volatile prices do have their difficulties and with some cost perhaps but the business case is probably just fine even if its stormy these are still very high prices for BTC imo.
  Seared into my head is the years when BTC went from over a thousand to just a couple hundred and that seemed to drag on forever, that was a proper sell and probably some people left thinking it was all stop but obviously they were incorrect.  This is mild tbh, I dont even think its a bear market comparatively.

[alegotardo]

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?

Yes, and I think this natural in any market, not just the gambling sector...
When an economy of an country or a specific sector is doing poorly, people become more hesitant to spend at things they do not consider "essential"... I do this and I believe you do too, am I right?

So, if people are spending less, casinos are also making less money than in "normal" times or during bitcoin booms, and the cycle continues... promotions of campaigns are affected, marketing decreases and others promotions too.

Obviously, not everything can stop... a casino that does not advertise loses much more than if it maintains a minimum of publicity, so I think there needs to be a "middle ground"... tighten your belts but do not completely stop advertising and marketing, and not even our bonuses

[Hispo]

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?

It is not a coincidence. There are entire marketing departments behind the biggest casinos and bookies on the internet and they recognize the right times when they are supposed to step up their marketing campaigns and when it would be bettter for them to invest their money on other things (unrelated to advertising).

The management of casinos know there will be always people willing to gamble, not matter the state of the market itself, but it is a fact that people then to gamble more when they feel there is more spare money, that is directly proportional with bulls markets.

[drangos]

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?

Trends can change as market trends change, but I think casino promotions will continue even if there may not be as many new ones. I haven't looked into the details of what you're worried about, but it's a possibility given the changing interests in the industry. The gambling industry is still considered one of the most profitable sectors and interest in it has not decreased drastically, and in fact, it tends to increase along with population growth and economic improvements at the low dan midle level. However, you may be right that the market can trigger enthusiastic changes in this industry.

I do not believe that it is necessarily only coincidence, but they do not happen in all cases. With bull markets, casinos and crypto gambling sites tend to promote more and create signature campaigns since the user base grows as well as deposits as people are more confident about their money. During a bear market, the marketing budgets will be tightened, and thus we might witness less new campaign or smaller promo sizes. With that being said, gambling businesses still require constant traffic, and thus they do not cease promotions any time soon. Instead, they change strategy - less big and aggressive campaigns, more retention offers and smaller targeted bonuses.

[cryptoaddictchie]

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 don’t think it’s just coincidence, market sentiment definitely affects casino behavior too. During bull runs, casinos have bigger budgets and higher ROI expectations, so they push more promotions and signature campaigns to grab attention. In a bear market, users gamble less and volumes drop, so it makes sense for casinos to cut back on marketing spend. That said, strong brands usually don’t disappear completely indeed and they just become more selective and strategic with promos.

[junder]

If I were a casino owner, I would not reduce promotions, because what I want is profit. So, the step I would take is to increase promotions so that players would be more interested in gambling, regardless of the declining market.
In addition, I think that of all the people who like to gamble, some may continue to gamble even though they know the market is declining, while others may refrain from gambling.

[maydna]

The show must go on, that is what the casino owners thinks that they don't have to reduce promotion. The casino may changing the promotion to other and modifying the existing promotion to be more effectives.

Gamblers will still gamble no matters the market is on bullish or bearish. Gamblers don't care the market fluctuation because they have their own goals. Casino owners will thinks about the other promotions so people will still playing gambling on their place.