This is my degen twitter. Please don't tell my mom.
Narnia
Joined May 2021
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Yes, it got worse. BUT there is no choice now except to change, and I think it will change for the better.
Everyone massively overestimated how mainstream this would get (at least for now).
The streamer bullshit has made it significantly worse, and is the main reason we're in this fucking mess. Egos got undeservedly big. Sites threw insane money at "names" to bring in players who didn't exist. Streamers lied about their numbers to get bigger offers while giving out unsustainable perks with zero thought about what happens in the future, and players were taught to expect huge rewards for barely any playing. Meanwhile, professional alts are winning every leaderboard under different names and It's a giant fucking cluster fuck through and through.
But I don't think we're doomed. (Well not anymore than we already were)... Everyone just needs to drop the hype. It doesn't do anybody any favors. Get rid of the unrealistic expectations and the idiots charging 100k to click a button live and go back to the basics, literally. Don't over bonus, don't under bonus, keep your ethics grade above a C-... treat your current players like you appreciate them instead of always chasing new ones and don't fucking weaponize KYC *cough "Shuffle" cough*
This is the casino industry, We aren't curing anything aside from boredom on our best day. Stop overthinking it.
Honest question:
Is the gambling industry becoming worse? If so, in what way?
In my opinion, it is. But that’s based on all the shit stories I hear going around.
(This is not a post to generate drama or to point fingers at individuals/casinos, just genuinely curious how you guys view the current gambling scene)
Meanwhile, I’ve been waiting 2 months for @Roobet to pay out for the 4% edge they forgot to tell us about on Lightning Plinko (and the missed promos from that play being weighted like the edge was 1%.)
@Roobethowie if @500Casino can come up with a cover story, post coordinated apologies across social media and refund every player who got screwed over the last few years in under 48 hours… why can't you?
There’s so much wrong with this post that I genuinely can’t tell whether you’re trolling or so disconnected from reality that a family member should be managing your finances.
You’re on the same Twitter as the rest of us. Which of the 200 posts about unpaid streamer loans made you think, “I should give out loans to streamers”?
And is @DiceyHQ approving this? Because, for all intents and purposes, this looks like self-referring by proxy. You’re spreading your bankroll across other people’s accounts, making access to that money conditional on using your code, then counting the resulting wager as affiliate growth.
What does that prove? Not that these people are willing to deposit their own money. Just that they’re willing to gamble yours. Which…duh?
This is exactly the inflated numbers bullshit the industry doesn’t need more of. You fund the player, point to it as proof of your reach, and then what? Keep financing everyone under your code forever? Are you THAT rich?
And aside from the dozens of other reasons why this is a fucking stupid idea, what’s your plan when someone can’t or won’t repay? Paying you back after a win doesn’t prove someone can cover an even bigger loan. Have you verified their ability to repay without winning? Because they will lose eventually.
Your entire business model depends on gambling addicts voluntarily making your loan a priority. Good luck with that.
When the “I got scammed” post shows up, I'll be here to say I told you so.
A wonderful first day of MCBank with around $50,000 in loans taken out and a couple of them repaid. A couple of notes.
1. As we grow we hope to expand our services into investments and holdings. We know that cash flow can be important in this industry and we hope to provide.
2. Loans are currently reserved for streamers only with a good chunk of them being denied these loans are also currently only for use on code MC but we will likely expand to offsite uses with a lil bit of interest down the road.
3. Our next goal is to expand our services to players. We don’t know how this is gonna work quite yet. but but it will likely be something like anyone with a certain amount of wager under code MC will automatically be eligible and the more wager you do, the more that credit line will be. Players who are shown to pay back on time will likely be eligible for an increased amount.
I’ve been saying this for months, but thankfully the men are finally here to impress everyone with their industry foresight.
💀 Had a spicy convo last night in a private chat with streamer managers from some of the biggest casinos in the space. Everyone is finally saying it out loud. The streaming market is COOKED.
Creators with mid stats are asking for $50-200k in monthly fixed, and the pitch is always the same, "trust me bro, my community is massive." In reality it's the same 3 high rollers following the streamer from casino to casino. The brand pays the deal, and next month the whales leave with him. For $100k you can sign solid sports and IRL guys who will bring THOUSANDS of low/mid players through organic traffic, and those players will actually pay the deal back over time.
If you're getting paid $100k a month, you're not just a creator making content anymore. That's serious money, and at that point you have to see yourself as an affiliate, as someone who drives traffic to the casino. You're a business. You can't take that kind of money, give the casino zero guarantees and just sit on the fixed. Any agency or media buying team works with budgets too, but they have teams, they give guarantees, and most of their money comes from RS because they bring quality players. Their fixed usually covers operating costs or/and goes straight into the marketing budget to bring those players in. It should work the same way with streamers.
And the whole "I won't take NGR share because I don't want to make money off my players losing" thing is the dumbest excuse in the industry. Bro, the casino pays you out of what players lose. You're in gambling. Over the long run the casino is always up, that's just how it works. You're already promoting something where the player is expected to lose. It's entertainment and fun, not a way to make money. You don't value your audience, you just want to finesse the casino because your traffic is bad and that's the only argument you've got.
Need a raw balance and only play with real money? No problem. Here's your fixed, use it however you want. Play with it on stream, invest in a team, buy extra traffic sources that help you grow as a media personality and bring in players. If you're getting $100k a month, you have to be worth $100k a month, not just ride the hype and grab the bag because the market lets you.
Instead a lot of them abuse the casino and don't even hide it. Leaderboards are the best example. The casino sponsors the LB, the streamer pays his friends and mods out of the deal money, they climb to the top, take the prizes, pump the wager numbers, and the streamer looks like he's killing it. The casino is basically paying for fake activity.
The good creators already get it. They ask for RS first, some even take less fixed to get a better RS, because they know their players are real and they want to stay longer than one contract.
But this is on us too. Casinos and managers pushed these prices up because they can't do the payback math, they've got KPIs and budgets to spend, and I'm pretty sure some of them are getting kickbacks from the same streamers they sign. One casino can't fix this alone. Lower your offers and the next site signs the guy for the same money. It only changes when the big brands stop feeding it, with RS as the core of every deal, LBs built around real players and fixed fees that match the numbers.
Streamers need to calm their appetite. Managers need to learn the math. And all of us need to think about this now, before the snowball eats the whole space.
So a gambler falling behind on a debt is a scam, but a casino owner handing out monopoly money to public figures so he can extort real crypto out of their paychecks later is totally fine?
If there's one thing a gambling addict is consistent about, it's that they will take the gamble every single time. Babix isn't stupid. He knew the biggest risk had the smallest odds, and either way, he could always do what he is doing right now... cyberbully 20k of pure profit out of someone who just wants to keep their job.
It's genius tbh.
Respectfully, showing up at someone’s job over a personal debt is arguably worse than any interest a loan shark charges. At least with them, you know you might lose a kneecap ahead of time. But tagging someone’s sponsors and calling him a scammer doesn't scream professionalism to me.
What I'm about to say next does not mean I don't believe he owes you, because he absolutely does. But let’s be realistic about the details here.
You gave him a marker on a casino you own. You didn't hand him cash out of your bank account meant for your bills. You took a risk that he might run it up and cash out. Instead, you watched him lose that marker right back to your own site, and now you’re trying to destroy his career to collect on money you never actually "lost" in the first place.
I just think your energy could be focused on much more important things right now, like that baby you just bought or whatever was going on with that situation. I wasn't following it too closely, but mom to mom... maybe go handle that instead.
Day by day I am getting more shocked at the level of incompetence these streamers have.
$20K doesn’t change my life. The principle is the point.
This streamer had every chance to pay us back. He’s making $2,000 a day from Stake. Instead, he chose silence.
So I’m done talking. The day he loses his sponsors and his platform, I’m giving away $20,000 to the community.
I hope @Stake takes the right measures here and helps clean up the scum of this industry
It’s not just us. Replies below show he’s burned plenty of people, and he’s owed @FarteXGAMBA $45,000+ for over 3 months now.
Gambling loans are bad. Nobody should take them. I say that as someone who offers them, and I do it as the safer, professional alternative to the loan sharks in this space.
“Mandy, why don’t you stream?”
Well, a couple reasons, actually.
First... I think streaming in its current form is the crypto casino version of Enron.
We’ve been dumping money into this seemingly massive, successful industry at a crazy rate, and I think behind the scenes people are going, “Fuck. Fuck. Fuck... Fake the numbers. Just keep fucking faking it.”
So we all just keep going along with it. Pretending like these people are irreplaceable to an industry that somehow survived thousands of years without them already.
But I don’t want to be standing there when this all implodes and have to explain why view bots and paid alt accounts were necessary to hit targets based on other people faking it too.
I actually have the whole fucking setup. Mic, camera, three monitors. I know all the software. I’m ready to go.
But every time I go to do it, I realize... I don’t fucking want to. Not like that, at least.
I don’t want to spin a wheel full of names of people I don’t know and just hope they’re not a bot.
If I ever stream, it won’t be so I can yell my code at people who are already playing on every site looking for the next giveaway.
It’ll be for people I want to hang out and gamble with while we talk shit and laugh. Players already under my code, on sites I recommended because I thought they’d enjoy playing there, not because I was contractually obligated to promote them.
Once a week, once a month. Something we look forward to. Not something I do every day like a math class I’m suffering through to get paid.
And the second reason is:
I don’t really want to brush my hair today.
Yes... that is what a normal "random" KYC check looks like. I am not talking about that.
@shufflecom let me play for almost two years. I considered some of them friends, for lack of a better word. I brought in 71 players, including one who wagered hundreds of millions and generated over a million dollars in commissions for me.
After that player was removed from my code without my permission so they could save money, I called them out publicly. He was returned to my code and I was paid 30k in back commissions for him.
Shortly after that a support message popped up saying I’d been selected for “random” KYC. They already knew where I lived.
When I went to my host group to discuss it, everyone was gone. Noah had blocked me. Cam had blocked me. Nobody would talk to me. Within 48 hours, my account was completely closed.
It took over a year for them to pay the million dollars in commissions on that one player, but they have never paid me a dime for the other 70 and many of them still play every day. Not to mention I had over 12 million in personal wager and they closed my account a week before airdrop 2.
They refuse to give me a withdrawal mode only account so I can collect my commissions while knowingly allowing streamers to play from America and while they host their Shuffle stream every week from Australia. They don't give a fuck about compliance. This was all to punish me for speaking out.
This is exactly what weaponized KYC looks like.
And if it happened to me, it can happen to you...especially the streamers who think being friendly with the owners protects them. KYC wasn’t an issue until I became an issue.
What's the goal here... aside from making it harder for grown adults to gamble?
The real issue is with sites like @shufflecom who selectively enforce KYC months, even years after the fact, only as a way to get rid of players they don't want to pay or deal with anymore. The restricted territory bullshit only exists as a weapon for them and THAT is what we should be talking about.
Imagine Stake’s leaked documents say they IP-block restricted countries and check every new user… yet I was able to gamble from Switzerland 🇨🇭 without a VPN or workaround.
Even after telling Stake I was in Switzerland, my account stayed active.
@StakeEddie, how does this happen if Stake is supposedly blocking restricted jurisdictions? 👀
So is anyone going to tell the casinos that streamers are not worth millions of dollars a month...or nah?
You'd think these sites would spend more time making sure everything ran properly and the current players were happy before they started paying stupid amounts of money to bring in new ones.
The only people who care what casino signed which streamer are other streamers and code junkies trying to figure out which site to start making alts on.
I've never believed @Stake and @rainbetcom were run by the same people, but I just noticed they both updated their page loading animations very recently... and it's kinda fucking with my reality.
This is my running list of fucked up things casinos do that everyone just accepts for some reason:
1. The random /2 in the affiliate commission formula that cuts everything in half for absolutely no reason?
... was nobody gonna bring that up?
2. Calendars that divide your bonuses into tiny claims 3X a day for 30 days
...because the crippling addiction isn't doing enough.
3. Counting tips sent as - but not tips received as +
...uhhhh hello?
4. Deducting every bonus your players receive from revshare, even when they never withdrew and the casino never actually lost money.
...*eye twitch
5. Weighted wagering to "stop abuse"
...Has nobody considered flagging the guy spamming 1.01x dice for the last 6 hours?
😒....To be continued.
Streamers might be the only people who actively ruin their own industry.
Bigger giveaways, more rewards, more commission back...all to compete for followers, with no thought for how it plays out down the line. Now they've trained players to believe they deserve 90% of their commission, and if one streamer won't offer it, the next guy will.
I guess when clicking a button in front of a camera is the only job requirement, you can't really expect brilliance... but I digress.
“Women are irrational,” he said, while carefully typing "TAKE OUR COUNTRY BACK" on his vintage propaganda poster about repealing the 19th Amendment.
A few questions for the guys paying for thousands of AI bots to make themselves look popular:
1. Do you realize everyone can see you have no real reach, or do you really think you’re fooling people?
2. What happens when platforms stop rewarding fake engagement?
3. Was pretending to be influential worth making it harder for genuinely talented people who refused to pay for the illusion of relevance?
4. If you could go back in time and be born self aware, would you?
let me know.
I know there are many more but these are off the top of my head...
@RichMarketingHQ @yungreal69 @rozerr @SpadeALLIN @YogiGambles @TXPLAYSX @krombet_ig @DougGambles @its_pickletime