Hey viners, Does anyone have the closest winning probability number when it comes to cashback and win rate within apps like cred etc., which advertise things like " upto 200 cashback" or win an iPh...

Welcome to Banking & Finance's Private Community

Hey viners,
Does anyone have the closest winning probability number when it comes to cashback and win rate within apps like cred etc., which advertise things like " upto 200 cashback" or win an iPhone etc.? 
Like 1 in 10lacs? Or less?

Gamification in apps

Risk Analytics

Gamification in apps- Grapevine

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Is cred business model sustainable?

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Has anyone won anything on CRED? Cred reward spinners are just scams. All they give is vouchers 😂

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Nowadays which app is giving you cashback ?

Software Engineer

Has anyone everyone won anything useful from cred by using the cred coins... 

They have this spin thing on cred and earn rewards.

Anyone has won what they advertise it for or just coins and random stuff?

Has anyone ever won anything useful on cred

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Hello 👋 Grapeviners 🍇,
I have been paying my credit card bills mostly through the Bank's App, which in return gives me nothing. So, I'm looking out for some App suggestions for credit bill payment that gives good usable cashbacks or rewards.

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Debugger

Looks like CRED cashback has reduced from Rs 3 to mostly Re 1. How long before people get tired of spinning the wheel 5 times for 1 rupee?

CRED cashback

How much lifetime Cashback have you got from CRED? I ll start I have earned rs 4916 in last 3 years. Highest cash back recieved was rs 100

CRED Cashback

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Has anyone ever won anything on Cred jackpot in the last year or so?
I feel they are utterly useless and only for engagement .

PS: Not talking about Rs 3/- cash back.

Cred Jackpot

I feel Cred spinning wheel is zero value, Has anyone got free or good deals? Also bro I don’t like poker why do you always give poker stuff offers

Analyst

Wassup VSS fans?

PS - I lost maximum money in Paytm and lic ipo, lic recovered but Paytm will hit rock bottom.

Competition between Byju n vss onnn  🚀

20% Lower Circuit Paytm 👇 📈

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[Hypothetical] What creative ideas can the GV team implement to utilise Grapes?

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Is it worth it or its just another trap, haven’t used credit card yet, but keen is it worth it to go for this

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Do they even give away iPhones, Apple Watches, etc through the slot machine games or the spin a wheel games. I feel only Bidblast actually gives away rewards because they announce the winner. But rest of them are just a scam.

Does CRED rewards actually work?

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Flipkart just launched a super.money credit card offering 5% cashback on UPI Transactions. Has anyone been able to review it ?

5% Cashback Credit Card

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Just curious if someone has implemented a random cashback calculation algorithm on production here. What kind of randomisation is used? What instructions are given from product?

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Curious to know how CRED Cashback works. These days I mostly get a cashback of Rs 1 regardless of bill amount. On some random transaction I got Rs 50 cashback.

CRED Cashback Algorithm

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There were some people who said that Machine Learning models don't work. I would be inclined to agree that they don't always but you don't really have to be right always. 

As long as your EV on implied odds is better than sportsbook then you are likely to make outsized gains that coup up losing trades.

Here's how I did it: https://share.gvine.app/scQZSZKqE6Rrmv5k9

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