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MoneyPot is not in the e-sports gambling industry, or even normal sports betting, my opinion on this is not biased. I would also like to point out I am not paid for posting
I don't like watching people get duped, which is exactly what I am seeing here (I don't think GG's team did that intentionally). Sportsbooks typically see higher wagering volume than traditional casino games, yet this site can barely get 2 BTC in action. For comparison, the average mid level / upper level crypto casino/sportsbooks are doing a couple hundred BTC a day in action. Advertising will not change this. This site will never be profitable for investors considering the valuation people bought in at. While the site is not worthless, raising over 250 BTC for only a 10% cut is ludicrous for something that will make at most a dozen or two BTC per year.
Lol, you don't need paid advertising to get traction. Most paid advertising in the Bitcoin sector actually generates very little user growth (or at least meaningful user growth).
They aren't going for the bitcoin sector, but for the outside world of gamers. The plan is to focus the marketing campaign on them, and it's not just some paid ads on google.
Outside gamers will not be using this site. The CSGO market is already extremely crowded.
I agree that CSGO market is overcrowed right now. I strongly believe that Blizzard's(Heroes, LOL and so on..) upcoming release (May25th) #overwatch is going to be enormous. My 17 year old son and I, tested OVERWATCH beta and he can't stop playing and wants to create his own team..lol I say that GameBet should get in on this upcoming release and add it as part of the marketing strategy. "The Early Bird Gets The Worm". Reference:
http://us.battle.net/en/ Go check it out!