Social Gambling Important Things You Need To Know

SOCIAL GAMBLING V/S TRADITIONAL GAMBLING

Social gambling is different from traditional gambling. It is these differences that allow us to offer social media gambling to a wider range of end users without having to worry about compliance with laws and regulations. 안전한카지노사이트

The key differences between the two are:

· While traditional gambling may be land-based, social gambling is purely online. 온라인카지노 

· Social media gambling offers a community atmosphere.

· Gambling games on social networks are shareable and have no negative opinions.

· Social gambling is FREE with limited paid options (FREEMIUM).

· Gambling on social networks allows its users to play with a closed group of people (Friends and

family) and that too without any prejudices.

· Social media gambling apps do not make money from players betting on outcomes.

They charge for perks, add-ons and upgrades (if needed).

GAMBLING INCOME GENERATION

Social media gambling is not just for the entertainment of end users. These apps offer a highly lucrative and alternative source of income generation. Some of the main ways to do this are as follows:

· Virtual Sales: Covers a wide range of things. This can be done through chips, virtual coins, power-ups, profile accessories, and in some cases even through the sale of premium content. While apps are always available for free-to-play, these virtual items help amateurs and novices perform better.

· Advertising: May include banner or contextual advertising, similar to websites, phone apps, Google search, etc. The ad inventory is then provided to the advertisers and when any user clicks on the ad, money is earned.

· Product Placement: This is along the same lines as in movies or TV shows. The Social Gambling application may in some way embed a product or brand into the game. Product placement in a game can cost hundreds of thousands of dollars depending on placement and how popular (how many users, activity, etc.) the game is.

· Lead Generation: Lead generation usually goes hand in hand with advertising. But what's unique about social gambling lead generation is that you'll see offers to sign up for goods or services in exchange for virtual gifts – some form of in-game upgrade or benefit.

While these are just a few popular ways to monetize a FREE social media gambling app, there are much more creative and innovative ways to do the same.

WHY IS SOCIAL GAMBLING LEGAL?

The main debate is why is social gambling legal? It offers users the same experience as a traditional gambling app and also has the same addictive properties, yet it is allowed to be offered to everyone.

The simplest answer to this question is "because they don't offer any real money prizes or rewards, and the rewards offered can't be converted into real money". Under the Wire Act and UIGEA, the law is clear, if there are NO CASH PAYOUTS, the game is legal.

Also, the user does not follow Invest Money at any point. They can play for free as long as they want. And that seems to be one of the key differences – the very reason why you can play social casino games legally.

RECOMMENDED SOLUTION

Based on our experience and taking into account the current position, we recommend building a world-class application with extensive use of Social Gambling components. Our main differentiator here would be to use sports as the main medium for all our offerings.

What we propose is a simple but interesting online sports prediction application with game elements like the one used by most sports betting or betting, but with a layer of social interaction.

Most bookmaker or sports betting apps (paid or otherwise) are meant to offer a secluded user experience. Users have no need or no way to interact with other similar users. While this might work in other geographies (especially the EU and UK), US users tend to be more inclined towards social gambling (the popularity that DFS has achieved is a prime example here). 카지노사이트