Post
Topic
Board Gambling
Re: 🚨Exclusive Interview with Nigel Eccles, Co-Founder of BetHog🚨
by
DealersLounge
on 19/03/2025, 16:08:13 UTC
Crypto Payment Advantages: Nigel explains how crypto payments significantly reduce fees compared to traditional payment providers, allowing BetHog to pass those savings directly to players in the form of more rewards, rakebacks, and loss-back incentives.
I do not understand what you mean as savings passed directly to players in form of rewards, rakebacks, and loss-back incentives? What savings?

While referring to fee in traditional casinos (I mean online casinos with fiat payments) and crypto casinos, it is about deposit and withdrawal fees.

Hey buddy, in the full interview, Nigel explains that "many casino and sportsbook operators spend 15-20% of their revenue on payment providers. With crypto, that number drops close to zero, allowing us to give that 15-20% back to our players in the form of rakeback and loss-back rewards"


   👍

Bitcoin doesn't only give you some savings by choosing not to pay for payment providers' services, for a smaller casino, Bitcoin could also give you a sort of regulatory arbitrage. You can operate in a region where other casinos can't because those fiat payment providers won't grant them banking services. But with Bitcoin, you can't be censored. Cool

Although, it will only work with smaller casinos, if the casino's operation becomes larger, the regulators will probably start to notice. It's the same sort of situation with exchanges.

Well said.This is exactly why I prefer to bet with btc