Bitcoin Forum

I have been Gaming on 8bet since 2021 and have seen the site grow exponentially but as of recently, in the past 2 or 3 months they have started implementing features that limits withdrawls to a concerning extent, and at the same time making support harder to access which I think is very concerning.

Please be aware that I am not complaining about fairness or legitimacy of the gaming on 8bet itself, I am simply bringing attention to 2 examples of withdrawl lmitations that I have experienced.

"Weekly Withdrawl Limit" - Image 1 (https://ibb.co/PTh6LGm)  // Support litterally blocked me on telegram (https://ibb.co/HqtdTP6) There has never been any sort of Weekly withdrawl limits,  nor ANY withdrawl limits since I started playing. Granted it's been 2 or 3 months since I won and tried to cash out, but today I did and this is what happened.

Well, thanks for the update. It will be useful for gamblers that are frequently using the casino because I remember a topic that is still in discussion on this board regarding a gambler that his casino has also place a limit of withdrawal in his account. I don't use this casino but am concerned why the support will block you on telegram?

8bet.io have an active ANN THREAD (Re: ⚡8BET.io⚡ COINOPOLIS II Crypto Slot ⚡ LOCKED EXPANDING WILD RESPINS 💥 (https://bitcointalk.org/index.php?topic=3038024.msg64032183#msg64032183))  on this forum  and their representative is very active, so you can send your concern there.

But why did you decide to play in a casino with such a bad reputation?

You can see the reviews on trust pilot and other sites:

https://www.trustpilot.com/review/8bet.io
https://www.scamadviser.com/check-website/8bet.io
https://casino.guru/8bet-io-casino-review

I would hardly recommend staying away from that site and finding another casino with a better reputation to avoid problems in the future, some of my recommendations are bc.game, and stake. Those sites have instant withdrawals and they have built some good reputation

I was already going to comment the same thing, because he was using a casino with a very bad reputation. Maybe the answer is because he was lucky enough to have been using the casino for a long time and not have had any problems and it is only now that he started having problems, so it makes sense.


you did very well in warning people, because these are the signs of a casino starting to go bankrupt, they probably haven't had many customers in the last few months, so they are stopping people from withdrawing too much to force them to play and lose more often, for example if a person deposits $10,000 at the casino, then with a withdrawal limit of less than $1000 per month for example and plus the wagering requirements, the casino will guarantee that the person who deposited the $10,000 even if If you win you will not be able to withdraw and you will be forced to continue playing until you lose all 10,000$ in the casino, it is a strategy used by casinos when they are in desperation to avoid bankruptcy, and when people see these types of things, they should avoid using these casinos because the at any moment the casino will become a scam

This is really concerning, indeed! I'm not sure I've seen such condition on any other casino (calculating the withdrawal limit based on the deposited amount). What would make things worse is if they have a high wagering requirement on deposits.
I just read their ToS and there is no mention of those limits.

I doubt he will ever get a reply from their pr. The account they use to post updates on their Ann thread seems more like a bot and it never interacts with other members or addresses their concerns.

I am always surprised that some people will bring gambling sites that we do not know on this forum to this forum and have complaints about the gambling site. If you are on this forum, just visit the gambling board to see some gambling sites that you can use. You can try Stake.com (or stake.us if you are from United States) and have a better gambling experience instead of using an untrustworthy gambling site.

This also surprises me, especially since Op confirms that he has been using the site since 2021 and it does not seem that he has thought about searching for alternatives or verifying the reviews about it. One of these reviews caught my attention on casinoguru indicating that 8bet is an anonymous casino, which does not operate under any activity license from any regulatory entity. In my opinion, this is a big red flag that many may not pay attention to, especially those who visit the official announcement here on the forum and do not notice any indication of that.

The official representative of 8bet here on the forum is active, but he does not interact with the community, according to what I saw in the official announcement, and he only posts codes for free spins. It seems that the site only gets traffic from those looking for free spins, and most of it is satisfied with its old users like Op.

I have already posted (https://bitcointalk.org/index.php?topic=3038024.msg64213714#msg64213714) in the their ANN thread about this topic to warn others about the unsolved issue.

Their rep is active yes, but only posting new promotions. If you look through all the 8betnews posts and read the thread, you'll see that they do not really respond to anyone. The main account has not been active since October of last year either. I would have much faith in playing at a casino that doesn't stay active in the community.

Actually, 8Bet is not one of those casinos where people come here and start their complaints that don't even exist in this forum. 8Bet has had an ANN thread here in the forum since 2018; it's only popularity that it lacks, which could also be because of their poor management and damaged reputation on different review sites.
 
Some people just focus and start using a casino without even running a background review on them until they start having problems. That's when they will remember Bitcointalk.

If your concern is the withdrawal limit, I think they have the right to change it anytime they want. It's better than not paying at all. They are running their own casino, so they need to effectively manage their funds to remain operational. If you want a higher withdrawal limit, just switch to another casino with higher limits, and that will solve your problem.

Small casinos don't really have good liquidity, so just bear with them. Thanks for bringing this up so we will know. Honestly, I'm not using this casino since they are not popular in the forum and haven't gained a solid reputation. However, maybe it will help them if it's seen as constructive criticism and they are ready to improve. Who knows?

I like what you use to finish this discussion but I did not like how you started it.

I do not think it is right for a gambling site to be reducing the total amount their customers can be withdrawing. If anyone sees a gambling site that is reducing the withdrawal limit, it is better to leave such gambling. It is possible that something not good is happening to the gambling site underneath.

What I will be expecting of a good gambling site is the increase the withdrawal limit.

So if I see a gambling site that reduces the withdrawal limit, I will only just prefer to try all as much as possible to get all my funds out of the gambling site and stop using the site for gambling. There are many reputed crypto gambling sites these days. If one is suspicious, it is better to leave the gambling site for a better one.

Could it be only your account? Bookmakers evaluate players account all the time and they don't want the clients to make good profit from them. To prevent their business they can limit certain accounts.

Not everyone knows about bitcointalk and other forums :-)

From what I know this site was released on 2018 and op only started using on 2021. Maybe they did not bother to check its reputation because even back then it seems that many opposed against this particular casino.

or maybe op thought that their experiences are subjective and others' might not be a problem of his'.

Anyway I think the casino now has no any hopes. They will not be letting you withdrawing any time soon and people should stop giving their money to this site altogether.

There's nothing we can do because those are their rules. However, if there are changes that don't favor the gamblers, they should make an announcement first and not implement them right away. A casino with a low withdrawal limit is already a red flag. As I mentioned, they may lack liquidity and could be close to bankruptcy. It's better to exit early and look for a new one.

Looking to what OP's pointing here seems becoming the trend now? casino suddenly limiting withdrawals from what they are  putting
in the past  and we have something recently happen here.

https://bitcointalk.org/index.php?topic=5498532.0


Maybe this is also a  good way to help bitcointalkers to understand what is going on nowadays from each casinos though all
of our legit casinos here are not implementing such but what i was wondering those casino in questions are new in this forum.

Yes there is nothing that can be done from our end being the gamblers but atleast a heads up wouldn't be a bad idea so as to let those that wants to continue using their service to use it, I think I can relate this kind of event to one of the features of a proposed ponzi scheme too because in a case where you lure people in by doing the normal supposed thing then all of a sudden you decided to cut some of your features leaving people having funds there stranded.

just curious, have they sent emails to their gamblers about this change that they'll make? I know they can do it without informing their gamblers but it is common courtesy to inform people if they are going to change something on their terms and condition. also, their new withdrawal limit is ridiculous, as much as I understand why they set the withdrawal limits, but this kind is just ridiculous. it's probably best to just look and find another gambling site to gamble on and forget about this site.

It seems like they are starting to experience financial issues, so if someone wins a lot there then it is certain that they will only be able to withdraw their entire balance after a few months or even years because the weekly withdrawal limit is only calculated based on the average weekly deposits.
Ridiculous policies like that will actually make the platform abandoned by the players, imagine if we deposit $20 (1st deposit) and win $1000, it will take 50 weeks to withdraw our entire balance there.

Personally, I think that their ToS allow such kind of limitations. Otherwise It Will sounds Just as a scam accusation.
Of course wait and just move coins out and stop gambling in their platform...

The fact is that, it doesn't matter wether or not the casino is present here in the forum or not, because some of the reputable casinos that we use are not present here in the forum and that doesn't make them less reputed so the ops is free to bring such comments about a concerning casinos to warn other forum members who may fall to the trap.


So for that reasons we need to point out what the ops have done to miss the most important aspects of selecting a casino which is reputation because as far as I know this casino already have a bad reputation and should be avoided.

Never heard of this particular site before. Heard of 888sport though. Anyway, you got lucky that you didn't get screwed earlier op because it seems that this is a casino with a bad reputation based on what the posters above mentioned.

I don't think you will find any support from their thread in this forum since their team ignored someone who talked about your predicament.

Your right, he must have missed it all right from the first step taken for choosing a reputable gambling casino, now when they had been seriously dealt with, the next is for them to locate here since they believe it constitute a number of gambling platforms and report their experience here, while some of these gambling sites have never been seen here or have any representative from this platform, the more the needs and why we have always emphasized on choosing for a reputable platform for gambling, but its such a pity that what some gamblers should have done from the first place is what they do at the end when they have been scammed or cheated from using a random platform.

But the Op according to him, he is not a new gambler in the 8bet casino site but since from 2021 and that means he has been withdrawing without complain and according to him, the limitation is a new implementation in the casino and he is not comfortable with that. Then another thing he also complained about is the service support team, which is not favorable and making things difficult for customers and that is where my interest is. And if any service providers has no live chat service then I don't have advice to use the service because at the end you will be scammed or lost funds and you can't chat anyone to lay a complain. Steer clear from such service.

They do have ANN thread in this forum but they dont have active representative since the thread is used only to post bonus code every day.
So for sure OP wont get any answer from the casino side here in this forum.
I played in this casino long time ago with their bonus, managed to win 0.002btc at that time and I could withdraw the winning without any issue.
However I dont recommend others to play here due to the fact that they dont have active rep in this forum.

We do know that everything on this world is really that having that potential change no matter how known or reputable they are on such span of time and if you have stayed long enough then any changes that been made would really be something that noticeable. If you are really that finding that the current changes are something that you dont like then you do always have the right on skipping out and look for another place.
We do have tons of platforms that we do have in the market today on which it isnt really just that limited on one place. Yes, user experience might differ but on the sense that you arent that liking their
terms or rules then you would really be that normally tend to jump out and look for another one. It would really be just that a matter of choice and preference.

Thanks for updating the community in regarding this changes on which same as said that this one at least can give out that kind of awareness
into those people who do play on the platform in regarding with this situation.

And also it might maybe be as a result that the casino isn't currently having enough funds to back up their users again thats why they have decided to limit the withdrawal amount which if you ask me is obviously not a good idea to even continue playing with the casino because maybe one day you might hit a jackpot that might be even big enough that the casino won't be able to process.

There are truly users who are like that, that even if there are plenty of great and highly reputable casinos, they still choose the ones who are the opposite of that. One reason that I can think of, is that they are not totally active here in the forum like us, specifically in this section (gambling). If you will also hangout mostly outside, you will be surprised that a big number of casinos which are unknown to us here are being advertised.

Anyways, as the OP stated, he is a long-time player of this site, and that is why he trusted them. Then if we read the negative feedbacks they are receiving, it only came from users who abused their platform. I can believe on that, I mean I did try 8bet.io before and I have withdrawn smoothly a couple of times here. OP haven't been scammed either, but it's just that there are only a new/few changes made on their withdrawals. He can still withdraw all of his money slowly and decide if he will still continue playing on here or not.

He is probably looking at their longevity as he has been with them since 2021 with no issues. However,  the recently developments that he noticed are serious red flags that things are about to go south with that casinos. Introducing weekly withdrawal limits where there were none before and introducing other conditions like the OP said, will make me worried if I have my funds in that casino.

Longevity with fair to bad reputations. What a gambler should look for in a casino is reputation. What people should be expecting from the casino now is accounts restricted from withdrawing. It is possible that the casino misappropriated their customers money and not having enough money as before. But if the casino do not fall now and still has customers, the customers will gamble and lose and the casino will rise again. But I will prefer to just leave the casino. There are many better caisnos.

The thing is that many gamblers just invest in random sites without checking their reputation in advance thanks to getting tempted by their promotions, high value odds etc and end up regretting later on.

Greed is the problem here. Smart gamblers do their research properly before choosing a casino to invest in as you mentioned yourself.

OP's concern is not about investment, it's about being a gambler and then getting limited when you're winning. I would understand limiting the bets but not limiting the withdrawals, as that is your money, and you should be able to withdraw it anytime. As mentioned before, it's a bad sign for a casino and it demonstrates that they might be facing liquidity problems, which is a fair warning of possible bankruptcy.

Investing in a casino may not be a thing nowadays since reputable and popular casinos already have their own funders. Unlike before, when they could run an ICO to easily lure investors, most of them failed because they didn't have a good long-term working plan.

Yeah they have a PR guy too just like the freebitco.in that solely post news and updates for their contest. Playing on casino with a setup like this is very dangerous since concerned like this which is not punishable by negative tag will surely just being ignored.

To answer @OP, There’s nothing to do here since they have the full control with their ToS unless they stop paying you then we might help by tagging them but a case like this that involves withdrawal limits is not new strategy of small casino to slow the withdrawal of players that manage to get huge profit.

OP mentioned that he have been dealing with this casino for such time now and yeah there are no issue for those time but the problem is that just recently that the casino decide to limit withdrawal and with that OP is not interested in dealing with them again and for me if to choose? will not go play again in this because its obvious that they are planning something not better for their players.
that is the problem with many gamblers, they are just betting and depositing in those casinos that this forum is not presented but the problem is when they start having issues then they are running here in bitcointalk to bring their problems but did not communicate when they started engaging.

First and foremost, thank you very much for this update, i believe it's gonna come handy for anyone who is searching the internet for reviews on this particular casino.
But then, I think it did interest you to know that most of us here on this forum are not familiar with this casino, in fact, for me, this is the very first time I am coming across such a name , though it does look familiar though.

And again, I understand you said that you were blocked by the support on telegram, that is very unprofessional and as well a red flag on its on, but was there anyway you tried to find out if this withdrawal limitation was something that is peculiar to your account alone, or it's a general thing that was introduced?
Asking because if the limit is peculiar to you alone, it might possibly be that your withdrawal was limited for some reasons or issues related to your account alone.

But all the same, even if I was going to give this casino the benefit of doubt, a customer care blocking a customer is an indication that the company are scammers, and I will completely avoid this casino going forward.