I have some Philippine friends and I spoke to them this morning via Skype and they said that wallet is not known to them, so I think this is a small startup company that are doing this for publicity. 

A lot of the Libertarian groups have tried to create islands and boats and floating islands with the same concept, but it failed. The governments get wind of someone trying to compete with their local Fiat currency ....and they simply shut it down with guns. 

The solution is quite simple..... send the funds to several different wallets after you received it from the casino and then send it to your official wallet provider. (I am talking about desktop wallets.... not online wallets)

The thing is.... Exchanges and some wallet providers can detect if you are using Mixer services and if you are trying to bypass their ToS requirements and they can still block your account.

Take the "fee" knock and just send it to 3 or 4 different wallets (Hardware wallet / Desktop wallet ... etc) and then send it to your online wallet, if you have to use them. 

Well, strictly speaking.... USA and China are already at war, with the financial & military support that they are giving to the Ukraine and Russia on both sides.  They do not have feet on the ground, but they are funding the war and also giving specialist support on the military side. 

The Taiwanese involvement will be more direct... so it will be officially seen as a direct influence in that conflict. It will send the global financial markets into a downward spiral and Crypto currencies will also feel the influence of that. 

The thing is.... if the door is open, you as a stranger are not allowed to enter the house, without the consent of the owner of the house. Even if you were a friend ... you will still not just walk around in the house and start taking what is not offered to you.. right?

People that does that are called ==> criminals ....and they cannot use excuses to justify their actions. If a door is open, you can notify the owner or report it to the police. (I have had neighbors that left their doors wide open and I simply called them or I notified the local security companies... I did not enter the house) 

Well, be prepared to be scrutinized, if you just created a new account and you drop a 20k Sport bet with a 2x or 3x multiplier and you win that bet. They will surely request full KYC/AML verification to protect themselves... and if you cannot provide that.. then they will most probably not payout the money to you.

These procedures will apply to any casinos that are licensed, so their actions will not be unique and targeted to you as an individual. Your actions will look like a typical money laundering tactic... and the KYC/AML regulations are there to stop that.  

Yes, they are the guys who are sailing a gazillion miles in a couple of icebreaker ships to protect the whales... but that is not the real issue. The real issue is this.... The Fiat Banking system are using a lot more energy and polluting the earth more, but they focus on Bitcoin. 

Do you see them standing in front of the 1000s of armored cars that are being powered by large Diesel engines on a daily basis? Do you see them picketing in front of the 1000s of Bank branches, where air-conditioning are running 24/7 ....and also electronic machines like computers / CCTV / Networking equipment / ATMs / Card readers... etc...etc?

I can make a prediction..... it will go on for a few months ....until they reached their goal for the new memberships and then it will stop. It is not sustainable to run bonuses like this for extended periods.... so they will possibly reduce the percentage or stop it completely.  

The Free spins on "Book of Dead" and "Gates of Olympus" is not really a "carrot" for most of the older gamblers, because we know the popular slots are being swept clean by the paid streamers every day.  

You highlighted one of the most important aspects of Crypto currencies and that is centralized weak points. The moment when regulators can identify a central authority, they will close down on that entity like a bunch of sharks.

Satoshi Nakamoto removed himself as a centralized authority at the very beginning of Bitcoin, because he knew that centralized entities would be the target for regulators. These days people are hunting for fame and fortune and Alt coin developers are putting a target on their backs, by publicly announcing their link to the coin they launched. (Also linking those coins to centralized Exchanges, expose their real identities) 

A value bet should be you finding a bet at odds that give you the 'edge' over the bookmaker.... and in these days, this is almost impossible. We live in the information Age... where bookmakers have access to several resources to do very accurate predictions to determine the correct odds. 

I see myself as being extremely lucky, if I spot a "value bet" ...once in a month, because most bets are done with odds being very close to the final outcome of the game. 

You only "beat" the casino when you find a way to constantly win.... and that will only work for a short while, because they will audit your account and if you are cheating them, they will close your account. 

I thought OP posted this thread to show how he found some loophole in the deposits to gain profit, but it turns out that he was just bragging about a $300 profit from gambling at this casino. (The house will always win, because you are going to come back and you are going to lose that again) 

I think one of my worst moments was when I bought bitcoins for $300 and I sold most of it, when the price reached $1000+ .... I only felt bad when the price skyrocketed to $18 000+ and then again to $60 000+ 

I do not have any regrets about the decision because I made a lot of profits on those first coins and it made a significant impact on my financial situation. It would have been so much better, if I held all those coins until it reached $60 000+....but I learnt some very valuable lessons from this... 

Why should that money come from your "gambling" budget? Why can you not simply eat a little bit less "takeaways" or at expensive restaurants.... or better yet, stop smoking or drinking, if that is your addiction?

I do not have to feel bad about gambling... because I have a portion of my budget set aside to help people in need in any way. (I have debit orders going off for that, so it is totally automated) 

I am not a big cycling fan, but for some reason the "Tour de France" pulls me in front of the television every year... so there are definitely something that attract people to this sport. There are several categories of bicycle racing, including road bicycle racing, cyclo-cross, mountain bike racing, track cycling, BMX, and cycle speedway.

My brother just love to compete in mountain bike racing and cannot stop talking about it, so I know a lot about that and I will have someone that can give me some tips... if we can start betting on it. 

Luckily for all the Fiat slaves, governments do not care about population growth.... they simply print more money to adapt to the growing need for cash.    This is also good for bitcoin hoarders, because the more people there are.... the higher the need for Bitcoin will be.... thus pushing the value per bitcoins up in the future.

The cost per "Satoshi" will just increase... and there are millions of Satoshi in circulation to fit everyone's needs, no matter how many people there are. 

I think you are reading it wrong..... if you are referring to what they are saying in the picture you send. They are just saying that if you play Sports bets... your wagering there are counting 3 times more to your progress in the VIP ranking.  

How do you know that you are being limited in the Sports book? Can you send us a picture, where it states that? In any way.. if you are limited.. nobody here will be able to reverse that decision.  

Some 3rd party Slot providers offer different RTP percentages, so the casino can decide what RTP they want to use. I know from experience that the RTP for Slots in "brick n mortar" casinos cannot be changed on the fly. There are a lot of hoops and regulations that you have to adhere to, when you want to adjust the RTP.

I have to be honest, my knowledge on online casinos (Slots) are not on par with what I know from Slots in "brick n mortar" casinos, but in regulated casinos this should be the same.

Now this is a whole different story for the in-house / original games... I think the casinos adjust those on the fly.  

Ps - All money wagered goes into the casino's bankroll..

OP, thank you for responding to my PM to come back to this thread! You have really honored your promise to answer all the questions that were asked on here... and it was very detailed too. 

I know you guys are pretty busy, but it will be nice if you can pop in to see if anyone has asked any new questions. Good luck with all the new things that you are launching ..... and also with adding Monero. 

Banks do this, when they want to stop a Bank run in countries where the economy are struggling. They do not want loads of people running to the Bank and emptying their Bank accounts. Is this ethical ..... NOPE... it is not. Is this understandable? ....YES... because if everyone withdraw their money... Banks will go bankrupt. (So they looking out for their own interest and not that of their customers)

In Bitcoin we believe that everyone should be their OWN Bank..... and that you should be in FULL control over your own wealth. You can only do that, if you have FULL control over your Private Keys.

Well, that is a hot topic for discussion.. because the early casinos where very "anonymity" conscious, because Crypto currencies were illegal in most countries back then. Since the early days.. a lot of regulations has come into play and Crypto currencies has become less anonymous. (Also the introduction of third party services like Exchanges and wallet providers has almost killed anonymity, before your coins reach the casinos)    

The Fiat based casinos that converted to Crypto currencies were "regulated" before they started to accept Crypto currencies, so nothing changed with them. Some of the Crypto casinos grew bigger and bigger and they had to license their casinos and most of these licenses require that the casino ask for KYC/AML verification.  

Just as a matter of interest... is this the token that they were going to use for Chipstars.bet? ==> https://thebittimes.com/token-CHIPS-BSC-0xa1ebe75ca488afaf0b181c2f4e09c414861ac8e2.html

Well, if it is...... then nothing is happening with the token, because there are absolutely zero transactions.  

They are still offering Bitcoin (BTC) deposits, so they did not abandon Crypto currency deposits. See below :

"Every player has the ability to deposit, withdraw, and play with funds in Euro (EUR), subject to minor restrictions which may be imposed by some payment methods. Players can also optionally keep money in US Dollar (USD), Swiss franc CHF, Bitcoin (BTC)."

Source : https://chipstars.bet/payments/payment-details-policy

Ps : I think the marketing team forgot about this thread... so the mods must just close it to prevent more necro posting. They can open it again, if they are serious about Crypto currencies.  

OP was Online today, so I send him a reminder of this thread. Let's hope he respond....