One fairly common complain among gamblers is they are allowed to make a deposit at casinos and lose their money without any issue, but if they happen to win and they want to make a withdrawal then they are hit with a KYC request almost immediately, Tonybet a fiat Estonian casino was fined more than 400,000 pounds for this practice and it seems the regulators are now interested in making reforms to the laws and force casinos to also make checks on those gamblers which have lost a lot of money. If those new regulations are passed they will affect not only fiat casinos but cryptocurrency casinos will have to eventually follow them as well, do you agree with this idea? Would you like to see casinos to be fined more often for the practice of only asking for personal information from winning gamblers or do you think this will have a harmful effect on their finances? Source: https://www.theguardian.com/society/2023/jan/18/tonybet-fined-regulator-online-betting-id-checks-termsWhat's perhaps a bit weirder is the fact that it's an Estonian online casino getting fined by the UK. I wonder if there is a comparative case being brought in Europe or Estonia - if not against this casino then any others. It does seem like a pretty underhanded way for these companies to perhaps claw back some of the money from winning customers, while also limiting barriers to depositing for losers. If a customer has lost a lot of money and a KYC request comes up, it might just be enough of an obstacle to stop them from ever adding more money to the site, so it is definitely a valid complaint. Let's hope the fine is put to good use in pursuing even more casinos who use such abusive practices. |
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Hello All
I hope that on this day all of you are always healthy and can still carry out activities as usual with great comfort, because here at the end of Indonesia where I am experiencing flooding due to continuous rain for the last 12 hours and causing puddles in several villages that are very close with the outskirts of the city as well as being very close to the river. Usually we say that rain is a blessing for farmers, but excess water is a disaster for everyone so that it hampers the activities of all local residents and will obviously greatly affect their economic cycle.
Some of the residents' land belonging to farmers around here have been flooded and hopefully the rain will stop soon and the puddles can recede soon and I hope the local government will be able to handle this properly soon. Because at the beginning of the year we always feel excessive rain and that really suits the weather here where the rainy season here always occurs at the end to the beginning of the year.
As an ordinary person, I also feel the impact of this because when the floods hit, people who usually sell snacks on the side of the road also cannot carry out their usual activities because they are all busy looking after their own homes and those around them. Hopefully this does not happen at your place and especially elsewhere in Indonesia.
It's sad to see any country hit by these freak weather events, unfortunately as a collective whole humanity are slowly ruining this planet and over population plays a big part in it. Nobody knows where the limits are when it comes to the right population level and if there was less waste it could probably cope with more than it does now, however we are doing so much damage right now there will be a point where it is irreversible. We are driving species to extinction through activities like deforestation, we are helping to acidify the ocean while also over fishing, we create so much unrecyclable waste it is crazy and these are just a few of the problems. As the world continues to heat up, again driven by human activity, we are likely to see more and more extreme events like these. |
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The DA’s office said the victim asked Argueta to claim the prize on his behalf to remain anonymous, promising $50,000 of the prize.
Argueta, who lived in Virginia at the time, agreed to claim the prize on the victim’s behalf and drove to New York to receive the winnings.
At the time, though, the New York State Gaming Commission was not accepting winning tickets in person, so Argueta mailed the ticket to the commission on Nov. 13, 202, instead.
Within weeks, Argueta reportedly went to deliver the NYS Lottery paperwork to her cousin, which said the price winnings totaled $20,000. Along with the paperwork, she handed her cousin an envelope with $13,436 in cash, and said the rest was held for taxes.
The victim found a press release from the NYS Lottery website saying Argueta claimed the $1 million prize and received a lump-sum payout of $537,440 after taxes, the DA’s office said.
The DA added that the victim called Argueta, who said she did not have any more money and if continued to call her, she would take legal action. In May 2022, Argueta forfeited $317,857.13 in winnings from her bank account, which were returned to the victim. [1] https://nypost.com/2023/01/22/texas-woman-pleads-guilty-to-stealing-cousins-1-million-winning-scratch-off-ticket/The valuable lesson that can be learned from the story above is that if you want to remain anonymous for your lottery winnings, do it yourself, and don't entrust money-related matters to other people (even if that person is someone close to you)if i were am victim, i will not reconcile with that cheating cousin, unless she returns all my winnings that she has used, how about you? This actually turned out to be a much more pleasant ending than you usually find in such situations. The authorities must have moved relatively fast to freeze the funds because there is many ways they could have tried to hide it if they knew what was coming. I find it ridiculous that they would hand over a winning lottery ticket or not even do the most basic level of research before doing so, then they would have known what was at stake up front. It's laziness in a way, not that the end result of theft was justified by it. I hope the person who stole the money also served a bit of jail time on top, because it still seems like they spent around 40% of the funds. There is definitely no redemption between family members after this. |
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I am a 32 year old male living in Australia.
Today I purchased some fresh fruit, a loaf of good bread, good quality milk and 2kg of chicken drumsticks for my German Shepherd (he eats human food only) and the cost was close to $50.
I feel this is the first time in my adult life I have genuinely noticed the rising cost of goods and services especially groceries.
Petrol is over $2.10 a litre and my water and electricity bills have also increased by about 15%.
I really feel bad for the elderly pensioners in this country. They are definitely struggling.
I would be curious to read of the experiences others around the world are having in regards to their cost of living.
Inflation certainly has taken off in the last year in my country too, you can see lots of food has risen 30-100% in the supermarkets. Those with a higher than average income are the lucky ones most easily able to weather the current storm, but it would be really tough for the lowest earners to try to keep up with these rises. It definitely is not reflected correctly in the official figures though, as many of the core items are rising the most. There are also far less decent offers around and even the most basic staples like fruit/veg/milk has been affected. I guess it just shows how the global supply chain works when times are peaceful, energy prices stay down and food production is steady. |
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If you don't knao what a royal flush is, well, that's the best poker hand, and it looks like this:
Is the best straight mixed with the best flush, from 10 to A... and if you ask me what's the odds on that hand I would say 0.0032%. almost the same odds as x999 on Plinko.
And here comes the question. Had you ever hit that hand?
I remember I did 1 time in my life, and that's too lucky. I'm sure is almost impossible for anyone to hit it, you really need to play a lot of hands or be lucky as hell to get a royal flush, and that's why I'm starting this thread, let's see if someone else has got that hand in the past.
Don't think I've ever seen one except in the rare occasion that you might find them among Youtube videos of professional poker tournaments, they are simply very rare and you also have to bear in mind that you will not even see all of them if you're playing in tight games - oftentimes you might have the whole table fold to you even with the best hand in your possession. It's part of what makes poker such an enjoyable game though, seeing such rare and unexpected hands come up, but also trying to figure out if your opponent is holding them against you. Playing them in the optimum way is a large part of the challenge, even when they come up just a few times in your life. |
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DO NOT CREATE AN ACCOUNT ON DUELBITS IF YOU DONT WANT TO BE ASKED FOR KYC AT THE TIME YOU WANT TO WITHDRAW
THEY LET YOU CREATE ACCOUNT... DEPOSIT... BET... NO SIGN OF KYC ANYWHERE... UNTIL YOU WANT TO WITHDRAW YOUR FUNDS
It is your own fault that you have not read the rules that allows them to impose KYC on any customer at any time for any reason. There are a lot of people who like to multi account these sites unfortunately and one of the only ways for them to stop such activity is to look for unique identity documents. It is slightly lame that they do not force it at the point of deposit but they are clearly trying to reduce the amount of obstacles in the way of betting. They should definitely allow you to return at least the deposited amount without KYC, but I can understand also why they don't. |
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So I discovered a bug affecting a mode of play at OwlGames casinos that results in certain games rewarding more money than they should. I tried to report it to OwlGames but was told that they have no bug bounty program and to "enjoy the bug" (not kidding). (of course their docs say that any "exploit" can result in not being paid out, but it's not an exploit if it's simply how things run under the given conditions - not that that would stop them from screwing someone over I'm sure) Their poor attitude certainly doesn't do much to make me want to help them out anymore although that was my intent. But since it is only certain games, from 1 provider, should I try to contact that provider instead? It's possible I imagine that it's not just OwlGames that might possibly lose money to the issue, though I really don't know. I guess since these are casinos, losing a couple hundred to a few players every few days that would otherwise not have won anything maybe is just a drop in the bucket. But I found it so strange that they immediately just alerted me that they have no bounty program. Aren't casinos supposed to be pretty protective of their money even if they have a ton of it?  Anyone else have any experiences of trying to report issues like this? I want to be rewarded for my time verifying the issue without taking advantage of it and alerting someone about it, too, so I'm also just worried about giving the info out and having them come up with some excuse like "oh it just needed a restart it's fine now, that's not a bug." That is some very bizarre behaviour from the casino and if they are encouraging you to use the bug then you can effectively create your own reward. The sad part is someone could be actively exploiting this right now and draining away active player funds if it is profitable like you suggest. It's not normal and most casinos would jump at the chance to plug any gaps for all sorts of reasons. Definitely a good idea to stay away as a player if it's true. |
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how to deal with inflation according to my community:
1. Save money
2. Prepare for an emergency
3. Looking for additional income
4. Consumption of domestic products
5. Start investing and saving
that is the way in my opinion to overcome inflation in society. then what do you think? Is this way possible to overcome inflation?
While these are sensible tips for any time of life, in reality unless the whole country or world does them it won't help. However this can actually backfire and make things worse, if people stop spending then companies have to cut back which means job losses and you can end up in a dangerous spiral. Not only that but the current causes of inflation - Russia invading Ukraine - caused food and oil/gas supplies to drop. Which is beyond the control of the average consumer. |
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ChatGPT is all the rage at the moment. I’ve seen that people are asking it to predict sporting events. Would you leave gambling decisions up to artificial intelligence? Do you see any potential drawbacks for outsourcing your bets to a software program? Has anyone here tried this yet? Do we need someone to put together a thread of ChatGPT predictions to see how accurate they are? Any other thoughts?
There are companies out there who specialise in this sort of thing, but unless the ai has up to the minute inputs of news (like the top striker in a football team got injured the day before the match) then it'd not going to be especially effective. It is only as useful as the data it's been fed. Otherwise you might as well just gather statistics and come to more up to date conclusions based on relevant data. |
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Greetings, esteemed community. Could you help me advise? I've seen a lot of topics on the forum about crypto or bitcoin casinos, but I need clarification on their point. As I understand the crypto casino involves paying in different cryptocurrencies, and the bitcoin casino involves only bitcoins. How to choose a casino, is there a criterion for this, or do you just go to any casino and play? It's a rash move without preparation. Also interested in a payment system, which is recommended to play in such casinos? Or just a suitable crypto wallet? I apologize for my silly questions, but I want to understand everything once and for all.
You should have a look at say five of the most popular ones here (the ones with the most responses to their thread, but definitely ignore 1xbit/1xbet). Then start looking for the features that you will be using the most - the slot game variety, whether they offer live table games for you to play or if you prefer to place all your bets with the sportbook, how the odds compare between them all. If you are into sports betting then small improvements in the odds can make up money over time and outweigh any other promotions. Try to avoid getting suckered by loyalty or VIP type setups, because they encourage you to keep playing when you've already lost a fair amount. Definitely make sure you take full advantage of welcome bonuses and read the instructions thoroughly before signing up to maximize them. |
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You think we have seen it all but get this. 3AC is basically trying to generate funds to launch an exchange called GTX. So pretty much its like GOX + FTX = GTX combined. At first I assumed this was a joke but it was posted on WSJ https://www.wsj.com/articles/founders-of-bankrupt-three-arrows-capital-plan-trading-platform-for-distressed-crypto-debt-11673889546So they basically want to trade an exchange which trades creditor claims. So since many are owed MtGox, Celcious, FTX claims they can sell their claim for pennies on the dollar and get some money back NOW instead of waiting a few years. MtGox claims I think were something like 20% back in 2015. The more evidence of the company being solvent then obviously the higher the claim will be. However.... Not only is this being run by 3AC, which we all know aren't the most honestly due to their collapse. Another reason is how can you sell these claims exactly? DO you give your email+password+2fa and sell it like that? How does someone prove how much funds you had on FTX since the website is down. No idea how this is even possible. Crypto getting weirder and weirder everyday. They sound like a bunch of snakes quite honestly, while it sounds noble they are likely just trying to extract additional money from people who have potentially lost a lot. Like many administration type solicitors, it often works in their interest to drag out the creditor negotiation process as long as possible and racking up fees while sending endless reams of pointless paperwork to clients - often burning off what little value might be left in such companies. Such high profile failures are quite rare and often the end result is they failed because large (like 80-90%) chunks of user funds have evaporated, so if you imagine such a small amount is left you'd be lucky to get paid 1% of your initial amount upfront with all risks involved. |
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https://nypost.com/2023/01/15/gambler-loses-massive-1-4-million-bet-on-chargers-jaguars-game/One bettor wasted a massive $1.4 million wager after betting on Los Angeles before the Jaguars mounted an epic comeback to beat the Chargers 31-30, according to Action Network’s Darren Rovell. It seems that a gambler has loss this massive amount (1.4 million USD) playing a bet with an odds lower than 1.01! (exactly 1.008) I think there are several lessons here: - there is not easy bet! even lower odds there is always a risk. - it's really risky playing an huge amount. This not helps gambler because the risk is much much higher then rewards! - gambling is not easy at all! it's really hard achieve a profit even for easy games! what your opinion about this gambling issue? did you had experience similar experience? how a good gambler should avoid such mistakes? It just goes to show how greed can affect even the richest people out there, it was a hugely wasteful way to lose so much money especially with such a tiny return expected. I too have lost several 1.02 and 1.03 type bets with small amounts of them, the book makers are perfectly capable of misjudging even the lowest payout bets as well. I often find that 1.5 bets are probably the sweet spot where they still have a bit of volatility but if you pick enough of them you might be able to grind a profit upwards. It's hard to have sympathy for someone who is willing to throw down that much money gambling, as they're already in such a privileged position that they don't need to engage in such activity and could do something useful like invest in a company instead. |
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There is always this most painful season in crypto space that hurts even the strongest of crypto holders out there where they will almost give up, I don't believe that this bear market will be different, if you are here in 2019 you knew what I am talking about.
It will get to a point where many will start losing hope on crypto, a more painful bottom will occur and holders will lose faith, the bear market will look like it will be here forever.
We are not at this point yet so do not get too confidence that a new all times low is no more possible, no one saw COV-19 coming in 2020 and anything can still happen between 2023- 2024.
It's a bit confusing you're just now talking about a bear market when Bitcoin is facing the largest rally for the last 3 months. Who knows which way it will go, but people who bought at 16k are almost 25% up on their investment if they were to cash out now, it's hard to find that sort of return in such a short time frame. It just depends if it holds steady, but we're generally seeing what might turn out to be a softer landing than expected for the economy and maybe it'll rebound faster than the so-called experts predicted. Bitcoin did very well in periods where borrowing costs were low, so if it can sustain while inflation drops back down and borrowing costs reduce then we might see another rally again. |
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Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?
It can be a lot easier to get a million people to throw away one dollar than to find a millionaire who will hand over a million in one go, as someone as put more eloquently in the past. A dollar minimum is likely in place due to blockchain transaction fees that get proportionally more expensive the lower you go. However a dollar can definitely have a lot of different value depending on the country you are in, for example $5 an hour in Pakistan might be considered a substantial wage compared to the average salary, however it would be rejected by workers in almost every European country as far too low. That's because there are different costs of living, pricing of products and availability in the labor pool. So if a casino accepts lower amounts they might see more gamblers from different countries who have less to spend and accrue more earnings that way. |
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Saudi Arabia asserts that it is willing to accept payment methods other than the US dollar for international trade.
So could this be a comparative advantage for the crypto market?
This has zero to do with crypto and more to do with diversifying their currency holdings away from the US dollar as others have said. It can be hard to comprehend the figures involved, but cryptocurrencies simply cannot cope with the volumes of trade that are taking place at a global level. It needs to be comfortable with carving out a niche in something like the exchange or remuneration market, i.e. avoiding large bank fees to transport funds across borders and allowing overseas workers to send money back to their family while paying minimal commission to middlemen. Saudi is also definitely not a pioneer of freedoms so you should be more concerned than happy if they decide to follow the crypto route. |
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I know Rollbit.com calls itself the most rewarding crypto casino--but is there some actual proof comparing all the different crypto casino websites together?
I'm talking about:
--RTP of games
--Daily, weekly, monthly rewards
--Loyalty programs
--Reload programs
--Lossback programs
--VIP Programs
--etc
I understand it may be difficult to compare all the different websites and find the most rewarding casino but my thought goes something like this.
1) If I want to play a particular slot from Pragmatic for instance there may be 20 online casinos that are offering it.
2) Most games have an RTP around 96.4%
3) I will lose in the long run no matter what
4) But if I found a casino with an RTP closer to 99% with rewards/loyalty/etc I can play longer and lose slower than other casinos so why not play there?
Does anyone have any analysis or website with this kind of info statistically laid out?
It's like hitting a moving target really, because so much changes over time and is dependent on how the management team might be feeling at that moment. I actually see a lot of promotions on at Sportsbet.io and they seem very generous in that respect and their sports betting odds are pretty decent as well. In reality the slot games that you mention are going to lose you money over the long run, whichever casino you play in, it will just slightly vary in the speed - all RTP is telling you is how much money they are likely to take from you each go. You're much better off looking for somewhere you can get an edge over the casino, who might just be taking educated guesses, like betting on sports. |
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Raising the US debt ceiling has been a hot topic over the past two years.
Everytime the topic emerges in news cycles. I wonder what would happen if the US defaults. And all of the americans on state pension, welfare, unemployment, food stamps and other programs no longer receive their monthly checks. The worst case scenario, is not a good one.
Retired americans on social security are the largest viewer demographic for television news. They don't know who Alex Jones is. They're typically insulated from the information and news stories making the rounds on social media and the internet. Which means they could be the most surprised and unprepared demographic, if a US default were to occur.
Pension earning americans are also usually the most likely demographic to preach job security. College education. Pulling oneself up by their boot straps. They're the most likely age bracket to look down upon younger generations for not being as successful or independent on an age comaprison basis. Netizens typically refer to them as "boomers".
I don't know what type of motivation or reasoning people need to try harder to be more successful and have a larger margin of safety for their futures. For me, the thought of millions of americans across the country losing their sole source of income simultaneously, in the event of a US default. Has to be one of the more motivating trends I have seen over the past two years. The united states thus far, hasn't see the type of riots or widespread social upheavel that other nations have post 2020.
But I think that if the US defaults on its debt. And it slowly begins to dawn on the entire country, what that would mean for them and their bottom line. We could see some significant shifts that have been silent thus far. And that things might get ugly.
It's been a hot topic for a lot longer than the last two years and is used as a political hot potato for bargaining purposes. The opposition party at the time tries to extract the maximum benefit out of it if possible, but it depends on the composition of the house and the senate. At least this time if the democrats are able to just turn a handful of Republicans around they'll be able to stop it going over the precipice. Whoever refuses to negotiate or forces the US government to shutdown will be the big losers - nobody will come out of that situation looking good and Republicans have not been able to do much with it the last couple times it comes up, they just like to shout a lot of scary headlines before backing down. |
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Sportsbet is one of the reputable casinos in here,once they verify everything you say and the best person is Steve as already mentioned here,I am sure that you will get all your money back,deposited amount plus winning amount.The casino where you have chosen to play would surely not blow up their reputation for that ridiculous amount,however it is the first time I see some reputable casino asking KYC for such a ridiculous amount like 250 dollars,as far as I remember I used to withdraw 1000 dollars here at Sportsbet a couple of years ago without a single problem,most likely laws have changed as I don't see any other reason for them to do so.
I thought that the KYC was odd as well. I at first resisted in doing it but saw that I would not be able to have an account with them if I did not. So I went ahead and went through the process. I really never expected them to close my account and take the entire balance. I really hope it was some mistake or a mixup because I do understand that they would not blow up there reputation for that amount. I am sure this will be clarified really soon,do not worry,Sportsbet has been here from a lot of time and as I said they are from the reputable ones with many members here choosing them as their favorite sport betting provider.Most likely is a human mistake,the guy/girl of the support team should have been scared by that change of transaction Id and he opted to go that way by blocking you until everything is clarified.I think once Steve checks the matter it is going to be fixed really soon,as long as you have told the truth and I have no reason to believe why would you make up such story. There is nothing strange about asking for KYC and judging by a few unrelated posts recently, there are some groups that like to target casinos & sportbooks for abusive purposes. Not that it seems to be the case here, but sometimes if you're from a certain region then unfortunately you can get caught up in more stringent checks due to other people who are taking advantage in the same region. In fact it is often a legal requirement for these companies, if they are operating from stronger jurisdictions, that they gather such information for the financial regulators. They may have lots of different triggers that cause them to ask for such validation but eventually it is likely to happen. |
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The phrase "record levels of credit card debt" has made headlines in US media for the past 20 years. It had become so integrated and normalized, I hadn't realized generation Z and youth demographics may have formed negative opinions around credit cards. Causing them to avoid use of cc.
According to this, BNPL (buy now pay later) debt is often not included in credit scores or personal debt statistics. Which could lead to average debt per consumer/household statistics resembling the portion of an iceberg which remains above water. There have been rumors for months now that a high percentage of US consumers were charging necessities to BNPL or credit cards. A bill which they may not be able to afford. The headline appears to indicate it could be an affirmative claim.
There could be a crisis in the near future. As americans search for alternative methods to cover their monthly expenses once their credit cards and BNPL plans are tapped out. However, considering BNPL doesn't appear to track consumer debt. It is possible american consumers could rack up an unlimited number of BNPL plans without the additional debt appearing on credit check radar. Perhaps that is the way?
It seems like every generation has it's financial crisis where companies figure out a new way to abuse people, but they also tend to loop through the same old schemes with a slight twist - pay day loans, buy now pay later, credit cards. The problem is they can all be used sensibly and benefit a consumer who is aware of the traps, however they really make the huge money from people who don't understand all the catches that come with them. Whether that is the "honeymoon" period for credit cards at a certain APR, zero percent interest on loans for the first year or two or the extortionate rate that payday borrowing can have. No doubt the finance people are already angling the next scheme that will fly under the radar of regulators for a few years to come. Financial education is one tool, but they can also target desperate borrowers who might know better anyway. |
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So Two Questions..
1. Do you think its possible to win such an amount of money in online gambling/Sports betting ?
(my own opinion: I don't think its possible, as I've never seen.
2. Is there any online lottery casino available where it is possible to win such as enormous amount of money? Please share ..
So guys, i hope you all find the article interesting, so lets discuss..
I guess there may have been maybe a handful of people who might have traded or gambled huge amounts of bitcoin in the earliest days, which at the peak could have translated into hundreds of millions if they had whale size wallets. Beyond that, no gambling sites even come close to these numbers when you're talking about single winners. Lotteries have possibly the biggest user base and are accessible in so many different markets that it's impossible to compete at that scale. You are best off looking for a lottery that is applicable to the specific country that you reside in, as that will reduce any potential complications when it comes to claiming a win and you don't want to find out you're ineligible at that point. |
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