Get exclusive CAP network offers from top brands

View CAP Offers

Shit hits the fan over White Label Casino Resales

[bsa_pro_ad_space id=2]
  • This topic is empty.
Viewing 15 posts - 1 through 15 (of 18 total)
  • Author
    Posts
  • #593516
    vladcizsol
    Member

    http://www.gambling911.com/040406Dnews.html

    :bullshit: :hitthefan :bullshit:

    #687891
    Anonymous
    Inactive

    darnit, thats all we need. Scammers making bad press.

    #687977
    Anonymous
    Inactive
    Dominique wrote:
    darnit, thats all we need. Scammers making bad press.

    First of all .. I don’t think someone selling ready made websites is necessarily a scammer. The people creating the bad press are the ridiculous people who thought they could actually turn $1000 into a fortune overnight with absolutely NO knowledge of the business!

    Stupid people make bad investments every day. I don’t see why a “bureau of investigation” or whomever else should get involved, unless the investor got absolutely NOTHING in return for his investment!

    In this case the people who invested their money obviously did get something for their investment. They got a ready made casino. A lot of people sell ready made websites (gambling and otherwise), and personally I do not see anything wrong with that. It saves the time of having to totally develop all of your sites yourself.

    I have bought several of the ready made websites and do quite well with them. Of course, I do have some knowledge of SEO, as well as some experience as a webmaster and know how to go in and tweak the sites, add to them, promote them, etc.

    These incredibly naive and gullible opportunity seekers are victims of their own greed and ignorance. One should not invest in something they know absolutely nothing about. If they choose to do so and they lose their money in the process, they need to accept responsibility for their own foolish actions and just chalk it up to stupidity and move on!

    Instead these freaking ignorant cry babies run to some “investigator” to try to get their money back once they realize their $1000 investment is not going to make them $25,000 in the next month as they had foolishly believed .. DUH ! :banger:

    Now these “investigators” will be likely be “investigating” anyone who has ever purchased a ready made casino from any source.

    God I HATE stupid people!!!! :cuss:

    #688009
    Anonymous
    Inactive

    With due respect to LasVegasLady, i think this is an area of the industry which is just inviting trouble. I don’t know much about “white label” but if pretty much anyone can buy and operate a casino, then we’re screwed.

    It needs proper licensing legislation and regulation – by which i mean in-depth background checks, finance checks and investment guarantees made by the software provider on the operator, fully and continually regulated.

    A-la-Microgaming or Cryptologic.

    #688013
    Anonymous
    Inactive

    White labels are just new faces for existing casinos.

    #688015
    Anonymous
    Inactive
    Simmo! wrote:
    With due respect to LasVegasLady, i think this is an area of the industry which is just inviting trouble. I don’t know much about “white label” but if pretty much anyone can buy and operate a casino, then we’re screwed.

    It needs proper licensing legislation and regulation – by which i mean in-depth background checks, finance checks and investment guarantees made by the software provider on the operator, fully and continually regulated.

    A-la-Microgaming or Cryptologic.

    If you buy a White Label casino that does not make you the operator of the casino. The casino is operated by Windows Casino, or Earn United, or whichever online casino you are using to power your back-end.

    White Label (or Private Label) just means you can register you own domain name (Simmo’s Casino) and design your own online casino and use someone else’s software to power your casino. You are just an affiliate of that casino.

    So .. this guy was simply creating sites for people utilizing software from one of the licensed online casinos. He charged people $1000 for the website design and registered them as affiliates of the casino whose software was powering the back-end.

    All of this works out just fine for those who know something about SEO, Internet marketing, etc., etc. Obviously most of these people did not!

    They were a bunch of ignoramuses who thought once they had a website the visitors would just magically find their site (amongst the billions of other websites) and come flocking in to gamble at their new online casino.

    It is sad that people are actually that pathetically stupid, however, once they realize that they have fallen victim to their own stupidity, they just need to suck it up, write it off and move on.

    Instead they go crying to anyone who will listen and create a lot of inconvenience for a lot of other people .. all because they made a monumentally stupid decision and an incredibly ridiculous investment.

    They have no one to blame but themselves.

    #688032
    Anonymous
    Inactive

    Agreed, white label does not mean that you own the casino. Its nothing but a label/facade on top of another real product. She truly has nothing to complain about, she did no research and imo (I guess not hers) there are no get rich quick plans that work. Now shes causing trouble by stomping her feet about how she got ripped off; ahhh what a pity!

    “If a company, knowing full well that online gaming was illegal, was producing Web sites for the purpose of promoting that online gaming, that would be illegal,” John Suthers, Colorado’s Attorney General said.

    WTF kind of double talk is that? If you knew it was illegal and you did it, that would be illegal?

    Here we have another AG spreading rumors and lies about how online gaming is illegal. I sure wish he would have spoke about the laws that make it illegal. I also wish he would have addressed how free speech rights dont permit us to promote/speak about online gaming. Just another example of the prison state that we are quickly becoming; http://www.prisonplanet.com / http://www.infowars.com

    I am sorry, but personally as an american I am sick and tired of the lies spread by illinformed morons. They are ruling by threat/fear and they will soon take all of our freedoms away.

    #688076
    Anonymous
    Inactive

    Sorry, but an ethical person doesn’t sell something to someone they know darn well doesn’t have a clue abut it.

    #688101
    Anonymous
    Inactive
    Dominique wrote:
    Sorry, but an ethical person doesn’t sell something to someone they know darn well doesn’t have a clue abut it.

    Agreed .. to a point .. it would be the ethical thing to do to inquire as to whether the purchaser has any knowledge of running a website, or knows how to properly market the site to make any money with it. But, you can’t explain the particulars of earning a living on the Internet to every person you talk to. Everyone thinks it’s a piece of cake!

    We all know how that goes. We have all had friends who expect us to be able to give them a brief synopsis of how to earn money on the Internet. People seem to be under the impression .. you put up a website and that’s all there is to it .. thinking “if it works for others, then why wouldn’t it work for me”.

    This guy’s biggest mistake was in telling her she would make $25,000 in only a few months. He should have explained to her that she could build it into a viable money making business, but that it would take some work and that it would not happen overnight.

    In any case, it’s not like he was charging $10,000 for these sites based on the income that could be made .. he was only charging a thousand dollars. A thousand dollars is not that big an investment.

    Anyone with half a brain would realize that a business where you can make $25,000 in only a few months would certainly cost more than a thousand dollars to get started. A business is normally worth 3 times what you earn on it in one year. $25,000 every 3 months would = $100,000 a year, or an investment of $300,000.

    This pathetically stupid woman needs to go out and see if she can buy a McDonalds franchise (or similar) for $1,000 .. what a moron!

    BTW .. I did send an e-mail to Gambling911.com in regard to their article. Just checked my e-mail .. got a reply back from him this morning .. he totally agrees! Have not yet heard back from the television news station in Denver.

    #688345
    Anonymous
    Inactive

    “Moreno said she was told she could make $25,000 in 3 months.”

    “Could” and “Would”, these small words make a huge difference. I’m sorry, but i see nothing wrong here. How many people on a daily basis purchase websites, hosting, thinking they will get rich in this industry without having to lift a finger? Isn’t this “field of dreams” where I build a website and they all just come?

    I’m sure most people in the US have seen a Carlton Sheet infomercial once in there life where he sells his $500-$600 package for purchasing real estate with no money down. Describes how you can “get money back” at the closing and how much “cash flow” can be acheived from the purchase of rental property. Then he parades his success stories out and toutes them making $20,000+ a month, being retired to do whatever they want, the filming is intentionally done in a gazebo, on a beach, in a tropical atmosphere and how you to can acheive this by purchasing his package.

    Where is the difference? I don’t see the law going after Carlton Sheet’s? Is he responsible for the people who following his advise, purchases property, and can’t find renters for the “cash flow” previously discussed and eventually goes bankrupt because they have 2-3 house payments they can’t afford?

    There are many more example i see every day that would take way to much time to discuss.

    #690975
    Anonymous
    Inactive
    Dominique wrote:
    Sorry, but an ethical person doesn’t sell something to someone they know darn well doesn’t have a clue abut it.

    I’ve got to agree with you Dominique.

    If these were being sold with some type of backup or support or even a check list that would allow the seller to gauge the exp of the buyer then maybe this wouldn’t be an issue.

    Problem is they don’t & most use either outdated stats about the industry growth & or let people think they are buying an instant cash cow.

    IMO these are just another of the many quick buck, lets screw over some suckers attitiudes that have unfortunately drained into this industry.

    Most don’t agree with my views on this topic, but, I think power to change things have to start at home. That meaning that the integrity driven affiliates need to start putting pressure on the dodgy ones, to clean up their act.

    #690977
    Anonymous
    Inactive
    LasVegasLady wrote:
    Anyone with half a brain would realize that a business where you can make $25,000 in only a few months would certainly cost more than a thousand dollars to get started. A business is normally worth 3 times what you earn on it in one year. $25,000 every 3 months would = $100,000 a year, or an investment of $300,000.

    No disrespect intended but your argument here imo seems based on the standard bricks and mortar business model. Although highly unlikely that any e-business would make $25K in a few months from only a 1K start up, it’s not impossible. Others have done just this and with far less than 1K. Maybe not this industry but it can be done.

    LasVegasLady wrote:
    This pathetically stupid woman needs to go out and see if she can buy a McDonalds franchise (or similar) for $1,000 .. what a moron!

    Your mixing oranges and lemons here. Of course no one could buy a McDonalds for 1K, but you can set up a web site for next to nothing, which can be run as business. Calling someone a moron imo is a bit rich, considering that she’s probably from a long list of other who have been scammed by these get rich quick schemes too.

    As I said no disrespect intended.

    :)

    #690981
    Anonymous
    Inactive
    tuleja wrote:
    “Moreno said she was told she could make $25,000 in 3 months.”

    “Could” and “Would”, these small words make a huge difference.

    Obviously everyone is entitled to their opinion. In mine, playing semantics with the words “Could” and “Would” is obviously not how this lady interpreted the statement “could make $25,000 in 3 months.”

    Is this her fault, personally I don’t think so. I base this view on the type of over inflated, sugar coated hype that these type of sellers are renowned for. To them it’s all about making a fast buck, nothing more nothing less.

    I’m sure they base their attitudes on ‘their is sucker born everyday’. In this case unfortunately this is just further proof of that fact.

    #690983
    Anonymous
    Inactive

    THe internet is full of get rich quick scams. However – is this really one of them?

    The charge was $1000 for settting up a fully funcational website. How long would it take the seller to do? 3-4 hours? Hell, back in my consultancy days with KPMG I was charged out at $2000 per day.

    Seems a reasonable fee to me.
    :lookaroun

    And as for unrealisitic promises – consider :
    – Weight watchers showing people losing 50-60 lbs.
    – Subway showing a guy who eats sandwiches and losses 100+lbs
    – Coca Cola showing you how drinking coke means fun and friends.
    – Cigarettes showing you how smoking is sexy.

    (all mainstream examples that are followed by a tiny asterisk saying something like “Results not typical” in tiny 3 point font)
    :tounge2:



    As for make $25,000 in 3 months* … which three months?
    Perhaps it was months 24-26 of operation?

    (* = 3 months in 3rd year of operation)
    :tounge2:

    This person was completely unknowledgable about an industry and still bought a business in it. I bet ANY of the affilaites here could quickly make the site profitable … and in 2-3 years she COULD be making $25,000 per month if she match some affilaites that frequent here.

    The product COULD do as the seller has represented.

    Isn’t this more a case of an unsuitable and ignorant buyer than a poor sale?

    #690984
    Anonymous
    Inactive
    TheGooner wrote:
    Isn’t this more a case of an unsuitable and ignorant buyer than a poor sale?

    Fair call Gooner :)

    I’ve been looking at it more so from outside the box. Given that our industry is under attack with the ever present HR4777 Bill.

    I just see this type of stuff adding to the red sheet.

    TheGooner wrote:
    – Weight watchers showing people losing 50-60 lbs.
    – Subway showing a guy who eats sandwiches and losses 100+lbs
    – Coca Cola showing you how drinking coke means fun and friends.
    – Cigarettes showing you how smoking is sexy.

    Your right though, maybe another lesson in don’t believe everything you read, see or hear:eek:

    Cheers

Viewing 15 posts - 1 through 15 (of 18 total)