Justice Fund?

[Betwrong]

~ I would suggest ignoring ‘good promos’ from unknown sites and sticking with ‘those old’ ones that are, first, reliable, and secondly, have 99% of the games any other gambling site has.

For some people, it's a job - finding new casinos and collecting as many bonuses as possible.
But I agree with you - for the average gambler, it's better not to try to get a big bonus from an unknown casino.

P.S. But even if I decide to visit such a casino, I'll ignore the bonuses, deposit only enough for a few games, and withdraw all my winnings.

The thing is that even if you won, you wouldn't be able to withdraw your winnings. The same goes for people for whom, as you said, "it's a job - finding new casinos and collecting as many bonuses as possible". It's a bad job. I'd even say it's not a job at all.

Find a good job, a job that you like, that you're one of the best at, and that pays decently. Then gamble for pleasure on top sites. Let gambling be your entertainment, not your job.

[tread93]

But personally, I think this is mainly a way to attract gamblers away from other casinos and get them to switch to Cashy.  From a marketing perspective, that makes perfect sense.

If this is their marketing PR, then it is a very good and positive one. Those people they paid their looses would share the testimony to others and both them and their recruits would turn to Cashy as more people would come to feel safe and trust them. I find it very interesting, effective and unique. If they treat their clients well and do the charity, then their tactics would be productive.

Instead of hiring influencers and handing out sponsorship deals, they chose to relate directly to gamblers which is super nice. The $1m investment might as well be a good and effective one.

Positive initiative for sure but knowing people I doubt it will last long. Someone will show up demanding their money back and get refused for perfectly objective reasons and then say "you refunded my friend but you refuse me so what are you scammers?"
the people it was made for might be the ones who end up ruining it

Yeah I do hope that it does last long though, it’s rare to find something like this nowadays. I feel like most people are so consumed with greed that they are hardly even generous anymore. It’s sad. But hey we can only hope that people will turn from their foolish ways and do what is right, that is how/ when things start to get better.

[Zlantann]

For some people, it's a job - finding new casinos and collecting as many bonuses as possible.
But I agree with you - for the average gambler, it's better not to try to get a big bonus from an unknown casino.

P.S. But even if I decide to visit such a casino, I'll ignore the bonuses, deposit only enough for a few games, and withdraw all my winnings.

The thing is that even if you won, you wouldn't be able to withdraw your winnings. The same goes for people for whom, as you said, "it's a job - finding new casinos and collecting as many bonuses as possible". It's a bad job. I'd even say it's not a job at all.

Find a good job, a job that you like, that you're one of the best at, and that pays decently. Then gamble for pleasure on top sites. Let gambling be your entertainment, not your job.

I call them bonus chasers. Their job is to find a new casino that offers bonuses and register to benefit from their offers. In my early days of gambling, I had a friend who was very skillful in that. He had many emails that he used to move from one casino to another. I can attest that he never benefited from his behavior because the wagering requirements are always high. Another problem such people don't consider is that they are exposing their personal details to multiple gambling platforms.

You have offered good advice that they should get a job or learn a skill that could contribute to having a good life instead of depending on gambling. Although we expect wins from gambling, it shouldn't be seen as a source of income.

[DrBeer]

One might assume that this is a mix of marketing and a certain kind of "business" operating on the border between the white and gray markets-I'll explain in a moment. As we understand it, NO ONE will EVER just spend their money like that for no reason. Any investment must generate a return, and that return must exceed the investment. How can they make money?
In my opinion,
- this is exactly how they advertise themselves as an "exceptionally honest casino", which boosts trust and attracts users.
- Negative publicity, based on REAL situations, against other casinos can cost those casinos enormous reputational damage. And they'll be willing to "pay to have the case dropped." There will be quite a few such casinos, we know very well how widespread this behavior is among a certain segment of the casino industry.

[Hispo]

One might assume that this is a mix of marketing and a certain kind of "business" operating on the border between the white and gray markets-I'll explain in a moment. As we understand it, NO ONE will EVER just spend their money like that for no reason. Any investment must generate a return, and that return must exceed the investment. How can they make money?
In my opinion,
- this is exactly how they advertise themselves as an "exceptionally honest casino", which boosts trust and attracts users.
- Negative publicity, based on REAL situations, against other casinos can cost those casinos enormous reputational damage. And they'll be willing to "pay to have the case dropped." There will be quite a few such casinos, we know very well how widespread this behavior is among a certain segment of the casino industry.

It is obvious the administration of Cashy see these payments as a form of investment. Actually, I would even say these payments are being done as a part of their advertising campaign, since this counts as indirect advertising. And since we are talking about this casino, I would say it works pretty well.

Though, even if it works pretty well for them, this is something which won't be copied by other major casinos and bookies, this is rather a gimmick within this gambling industry and I would even doubt if Cashy can keep it up for a long period of time before the start to spend more money than they get in thanks to this good PR.

If they drop it, no casino would dare to do the same. The small ones do not have the money to do it and the biggest ones are already known and don't need much more advertising.

[Mr_Brilliant$]

Well for me, you are not wrong to say it is a marketing strategy. And it is very good. They are like the messiah for gamblers. Good actually. Since it is their advertising money they are using to do these things and at the end, it somehow translate into advertisement. I mean they get praises online in return, soon everyone will know them. The messiah of gamblers. But i have a question, if all this complains are legit, why are the casinos that caused it in the first place still operational? Hmm. Worth pondering on.

[KiaKia]

At first I thought paying back gamblers who have been denied legitimately is all they do until I did my own research and ended up with cashy casino, tell me this is not a way to get their name out in the world?

Very clever with this one Cashy Casino, very clever, the payment ranges from $1000 to $10,000 per verified case, so gamblers need to approach them with very obvious proof and I believe that they will do their own investigation first before paying a total stranger.

In the end, those casinos that refuse to pay up will lose their customers to Cashy, denied withdrawals, confiscated winnings due to unclear bonus terms and locking up of accounts while funds remained in the balance are all welcoming problems for Cashy.

13 cases have been resolved so far, this people will still every gamblers that has been wrongfully treated out there lol, this is very clever of this Casino team.

[Texac]

Cashy Justice Fund. Well, that's something new! Honestly, I'm not sure what to think about it... It's definitely marketing, but I can't say I like it. Are they building trust by cleaning up the competitor's mess?  I checked the site, pretty ordinary casino, there's nothing special about it. So maybe they should focus on their own product instead of playing the white knight, telling us how they have a million-dollar fund for players who got scammed by other casinos.

Although if people actually receive compensation then it doesn't really matter what business interests Cashy is pursuing.
But this raises much more interesting question, who will decide whether any player was actually scammed and what criteria will they use? Not every refusal to pay out winning automatically mean that casino is cheating.  So AskGamblers involvement could make project more trustworthy but only if the process of reviewing complaint and distributing compensation is as transparent as possible.

Besides, I'd like to see some actual result from this fund, how many claims have been reviewed, how many players have received compensation and how much money has been paid out.

[Captain Corporate]

Well for me, you are not wrong to say it is a marketing strategy. And it is very good. They are like the messiah for gamblers. Good actually. Since it is their advertising money they are using to do these things and at the end, it somehow translate into advertisement. I mean they get praises online in return, soon everyone will know them. The messiah of gamblers. But i have a question, if all this complains are legit, why are the casinos that caused it in the first place still operational? Hmm. Worth pondering on.

We are living in a times where everyone suspects everyone's action and this way, seeing this imitative as a marketing ploy is not shocked me. I welcome such initiative which may be helpful for me one day and for a fellow gambler today itself. So, something for gambler's side against casinos must be a good thing and we should appreciate it even it was formed for another form of passive advertisement as a side product.

No country would ban the casinos which ban a user or refusing to acknowledge a withdraw. Because, in the eyes of law, these are very small offence and only compensation to gambler kind of punishment alone will be granted in the end. So, such casinos will remain operational even after many cases but we the gamblers must avoid them by going through reviews from bitcointalk kind of reputed communities.

[Findingnemo]

And why they are paying to the victims unless the platform can recover the loss and deduct a comission and the pay the remaining to the affected party and if this is not working based on this model then there is something wrong, they are trying to build a reputation or something.

[YellowSwap]

And why they are paying to the victims unless the platform can recover the loss and deduct a comission and the pay the remaining to the affected party and if this is not working based on this model then there is something wrong, they are trying to build a reputation or something.

There is no information regarding how they tend to get the money back, it's like giving away free money because someone's else money got lost, but what can I say? It's their money and not mine..

Then again, this platform is a casino too, is this not the same strategy that Binance and CZ are using? If what you lost due to some damages online can be returned to you 100% wouldn't you prefer to keep using the platform or business?

This is why Binance exchange have alot of traders and investors using the exchange and some are even comfortable leaving their coins for weeks on the platform because if something bad happens they will get their money back.

Not bad at all..

[Findingnemo]

And why they are paying to the victims unless the platform can recover the loss and deduct a comission and the pay the remaining to the affected party and if this is not working based on this model then there is something wrong, they are trying to build a reputation or something.

There is no information regarding how they tend to get the money back, it's like giving away free money because someone's else money got lost, but what can I say? It's their money and not mine..

Then again, this platform is a casino too, is this not the same strategy that Binance and CZ are using? If what you lost due to some damages online can be returned to you 100% wouldn't you prefer to keep using the platform or business?

This is why Binance exchange have alot of traders and investors using the exchange and some are even comfortable leaving their coins for weeks on the platform because if something bad happens they will get their money back.

Not bad at all..

Binance don't compensate some random loss or even the hack due to the user mistake, they only cover the lost funds when a hack wiped the exchange which means the user is not responsible for anything and exchange take the hit when the unfortunate event happens and they do it to keep their business alive but compnesating ransom casino loss is too good to be true to me.

[Floxynice]

And why they are paying to the victims unless the platform can recover the loss and deduct a comission and the pay the remaining to the affected party and if this is not working based on this model then there is something wrong, they are trying to build a reputation or something.

There is no information regarding how they tend to get the money back, it's like giving away free money because someone's else money got lost, but what can I say? It's their money and not mine..

Then again, this platform is a casino too, is this not the same strategy that Binance and CZ are using? If what you lost due to some damages online can be returned to you 100% wouldn't you prefer to keep using the platform or business?

This is why Binance exchange have alot of traders and investors using the exchange and some are even comfortable leaving their coins for weeks on the platform because if something bad happens they will get their money back.

Not bad at all..

This is different from what Binance is doing. Binance refunds users who trade on its exchange and have their coins stolen due to faults caused by the exchange. It is not as though they come to the rescue of every trader who has an issue with the exchange they are using.

What Cashy is doing seems too good to be true. I just heard about them for the first time today and checked them out on their official page, and it is actually true. However, the fact that this casino, which we all know needs funds to run its business and remain profitable, is giving away money to gamblers from other casinos with little or no fees involved makes it worth investigating to ensure that Cashy does not have a questionable reputation.

We should not just get carried away by their act of generosity when it could be a cover for something more serious happening behind closed doors. There is nothing wrong with investigating the actual source of the funds.

I read that this is their way of marketing the casino. That's a really expensive form of marketing.

[Swordsoffreedom]

But i have a question, if all this complains are legit, why are the casinos that caused it in the first place still operational? Hmm.

Casino's license will not be automatically revoked simply because it occasionally delays withdrawal of one or two player. But if there are repeated unresolved complaint matter should certainly be considered more serious. Especially when repeated complaint such as confiscated winning, unexplained account closure and delayed withdrawal, arise against same operator then resolving individual complaint alone is not sufficient. Regulator should investigate operator's general conduct.

Another issue is jurisdiction.
You know most online casino operate in where regulator from player's country cannot take any effective action. So even if any complaint is valid, it becomes difficult to take swift action against casino.

[DrBeer]

One might assume that this is a mix of marketing and a certain kind of "business" operating on the border between the white and gray markets-I'll explain in a moment. As we understand it, NO ONE will EVER just spend their money like that for no reason. Any investment must generate a return, and that return must exceed the investment. How can they make money?
In my opinion,
- this is exactly how they advertise themselves as an "exceptionally honest casino", which boosts trust and attracts users.
- Negative publicity, based on REAL situations, against other casinos can cost those casinos enormous reputational damage. And they'll be willing to "pay to have the case dropped." There will be quite a few such casinos, we know very well how widespread this behavior is among a certain segment of the casino industry.

It is obvious the administration of Cashy see these payments as a form of investment. Actually, I would even say these payments are being done as a part of their advertising campaign, since this counts as indirect advertising. And since we are talking about this casino, I would say it works pretty well.

Though, even if it works pretty well for them, this is something which won't be copied by other major casinos and bookies, this is rather a gimmick within this gambling industry and I would even doubt if Cashy can keep it up for a long period of time before the start to spend more money than they get in thanks to this good PR.

If they drop it, no casino would dare to do the same. The small ones do not have the money to do it and the biggest ones are already known and don't need much more advertising.

I agree-they certainly don't lack appeal, with slogans and projects like these! People will always be drawn to and won over by things that look out for them and create a sense of security! A round of applause for Cashy's marketers
But... it's really hard to back up and prove these claims over the long term. I wonder-will they just shut down this program, or will they "find an excuse" for why it needs to be shut down?

[Fortify]

For some people, it's a job - finding new casinos and collecting as many bonuses as possible.
But I agree with you - for the average gambler, it's better not to try to get a big bonus from an unknown casino.

P.S. But even if I decide to visit such a casino, I'll ignore the bonuses, deposit only enough for a few games, and withdraw all my winnings.

I call them bonus chasers. Their job is to find a new casino that offers bonuses and register to benefit from their offers. In my early days of gambling, I had a friend who was very skillful in that. He had many emails that he used to move from one casino to another. I can attest that he never benefited from his behavior because the wagering requirements are always high. Another problem such people don't consider is that they are exposing their personal details to multiple gambling platforms.

You have offered good advice that they should get a job or learn a skill that could contribute to having a good life instead of depending on gambling. Although we expect wins from gambling, it shouldn't be seen as a source of income.

There's a difference between hopping around every site and grabbing all the bonuses versus trying to make a "job" out of it. It's actually very savvy to collect all these *easy* bonuses that are usually just 5-10 USDT and you can only collect them once, but crypto sites are quite tight with even these amounts because abuse is more rife than on fiat currency sites. However there becomes a problem when people think they can turn it into a long term income by using tricks and basically fraud to claim these bonuses more than once. It might work for a little while but many people have been stung thinking they are more clever than the casinos detection methods and might get their whole deposit forfeited to pay back previously losses. Just accept that you can do these offers once but you will be lucky to find any in the crypto space where you can walk away with more than a couple dollars.

[IjawMan]

For some people, it's a job - finding new casinos and collecting as many bonuses as possible.
But I agree with you - for the average gambler, it's better not to try to get a big bonus from an unknown casino.

P.S. But even if I decide to visit such a casino, I'll ignore the bonuses, deposit only enough for a few games, and withdraw all my winnings.

The thing is that even if you won, you wouldn't be able to withdraw your winnings. The same goes for people for whom, as you said, "it's a job - finding new casinos and collecting as many bonuses as possible". It's a bad job. I'd even say it's not a job at all.

Find a good job, a job that you like, that you're one of the best at, and that pays decently. Then gamble for pleasure on top sites. Let gambling be your entertainment, not your job.

I call them bonus chasers. Their job is to find a new casino that offers bonuses and register to benefit from their offers. In my early days of gambling, I had a friend who was very skillful in that. He had many emails that he used to move from one casino to another. I can attest that he never benefited from his behavior because the wagering requirements are always high. Another problem such people don't consider is that they are exposing their personal details to multiple gambling platforms.

You have offered good advice that they should get a job or learn a skill that could contribute to having a good life instead of depending on gambling. Although we expect wins from gambling, it shouldn't be seen as a source of income.

What I can say is that gamblers that jumps from one gambling site to another in the hunt for bonuses are people that do not care about their personal details at all, and that is why they can trade it for bonuses from one casino to another. 

That much time spent online scouting for new bonus offering casinos, such time could be put into searching for good paying jobs online that does not requires great expertise skills but just basic computer knowledge for starters.

On what Cashy Justice fund are doing, it should be talked about very much for many players out there that have not known about them to know. Awareness for good initiative that favours the players in gambling should also be spread in storm.

[Franklyn-wood]

I've recently stumbled upon this casino (Cashy.com) that supposedly offers help to users who have been wronged by other online casinos. They are calling it the Cashy Justice Fund.
...

In my opinion, it's pretty simple. Cashy most likely sees this fund not just as a charity initiative, but also as a pretty effective marketing tool. I actually find this idea quite interesting. Rather than just saying they're reliable, Cashy is trying to show it by helping players who got treated unfairly by other casinos.
But personally, I think this is mainly a way to attract gamblers away from other casinos and get them to switch to Cashy.  From a marketing perspective, that makes perfect sense.

This is a strong marketing strategy by cashy. I have not fully participate in cashy but with this I won't hesitate to associate with them because of this protective qualities they have to offer to clients, they offer zero limit and at least 4 minutes withdrawal cash out time, and are licensed with over 7500 games. All this are enough to consider cashy as a priority in the casino.
With this I can suggest cashy to anyone who is interested or in search of a reputable casino should try cashy for fantastic experience.

[M47AK16]

One might assume that this is a mix of marketing and a certain kind of "business" operating on the border between the white and gray markets-I'll explain in a moment. As we understand it, NO ONE will EVER just spend their money like that for no reason. Any investment must generate a return, and that return must exceed the investment. How can they make money?
In my opinion,
- this is exactly how they advertise themselves as an "exceptionally honest casino", which boosts trust and attracts users.
- Negative publicity, based on REAL situations, against other casinos can cost those casinos enormous reputational damage. And they'll be willing to "pay to have the case dropped." There will be quite a few such casinos, we know very well how widespread this behavior is among a certain segment of the casino industry.

The first one sounds more logical to me, because I don't think a casino would want to pay another casino to drop a case where their reputation is at stake, because if they really cared this much about their reputation, they wouldn't leave any cases unnoticed or leave any of their gamblers hanging with their withdrawals and such which is basically the reason why this casino has got the opportunity to pay those gamblers and try and earn a reputation for themselves out of it.

So, in my opinion, the only reason why they are doing this is so that they can gain reputation among the gambling community, because it is obvious that no company would spend money on something without any motive in their minds, they will surely think about a positive outcome of something they are doing, especially if that thing involves finances. So they are paying the gamblers who weren't paid by their previous casinos to attract them towards their own casino, and then, when this news spreads across the community, more people will also think that this is such a reputable casino and they should use it instead of others.

[Smartprofit]

I'm cynical enough to suspect this is a competitive tool. And it's an incredibly powerful move. 🙋

There's a rule in cybernetics: "To control a system, you need to create a superior system and control the original system through that superior system."

In my opinion, Cashy.com has created just such a superior system, with which it can control other online casinos (essentially its direct competitors).

What is the Cashy.com Justice Fund? Essentially, it's a judicial body that evaluates other casinos, reviews evidence, makes decisions, and even pays monetary compensation to aggrieved players. That's enormous power! With such a tool, you can quickly and effectively destroy your competitors' reputations. Players themselves will turn to this fund and complain about those who have wronged them. 🧑‍💻