I have not paid attention much to people winning on gambling sites. I do not mean people that just win, but people that win big like over $10000 or more. All I have known is that people that won so big are publicized and people know them from there.
That is dangerous, it means no privacy and people that are known to the public can be the victim of robbers and there can be physical attacks from robbers in order to steal from the winner. That is not all, even if there is no physical threat, people like me and some other people on this forum can be afraid, feeling unsafe of attacks.
I do not expect gambling sites to be publicising this kind of news. Will gambling site ask for the permission of the winner for the winning to go public? Or the winner can just be anonymous in a way his name will not be mentioned?
Well it really depends on where you live and how much you have won. If you win 100k in a European country like Germany then nobody is going to care. Sure, they might pat you on the back and tell you congratulations but that is as far as it will go. Even 1 million won't be a huge deal. But if you live in a very poor third world country where people kill each other over a couple thousand dollars... Well...Then you will be in grave danger, should your name and face become public in some winning announcement. But either way, personally I would prefer to keep my winnings and my money private. Its no ones business but your own. And anyone who flaunts their millions in the faces of the poor and desperate is kind of asking for it. You get what you deserve. |
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Last week, I read a painful story from a local newspaper where a huge amount was legally won but the lottery company is refusing to pay. In USD conversion, the guy bet about $690 and won about $169,000, but the gambling company refused to pay him, claiming that his record of the winning has been wiped off from their database as a result of a technical error. The first step he took was to report at a police station where he was offered about $23,000 by the company which he rejected. He later reported at the National Gambling Board where he was offered about $29,900 which he also rejected. It's at this time he charged them to court with three counts charges of Conspiracy, Obtaining money under false pretence and Stealing. The case is on, and I hope he wins. The guy is lucky enough to have money to file charges and this is happening within his reach/jurisdiction. This is a very sad story to me, which is why I ask these four questions: Can this guy win the case? Has anyone experienced not being paid for their winning for real? Why would they take your big money but refuses to pay big winning? What could be done to curb this cheating permanently in gambling? For those requesting the link, here it is: https://punchng.com/lagos-lottery-company-arraigned-for-refusing-n72m-win/Its exactly these reasons why we need drop centralized gambling and make decentralized gambling (with provably fair, audited protocols) the new norm. Gambling companies think they can get away with everything and its disgusting to see when they do get away with it. As far as the guy is concerned, I doubt he will be able to win his case unless he has some hard proof which they have not been able to wipe away, quickly. As far as your question to why anyone would take your money and refuse to pay you your winnings, the answer is simple: because they can. And they have absolutely no moral qualms about screwing you over, if they can. But that goes for all businesses, not just gambling. |
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What does your avatar represent, a llama or an alpaca?
I think I might frame this post and hang it on my wall. I strangely cannot help but regard it as a work of art. Well done. Answer the fucking question. He confirmed its alpacaAlpaca my bags because we are going up.  Next stop, 29k. I do not apologize for the sloppy trend line. |
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Well, Rehab is a business. And their income is from addicts, in some countries this business is more capitalistic, opportunistic and exploitative than others. Obviously at some point they are going to start labeling more and more groups as "addicts" who absolutely need to "hire" their rehab services. I bet they would even call coffee drinkers addicts if they could get away with it. Trust nobody. Especially for-profit organisations and for-profits posing as non-profits.
People cannot be trusted, which is why we need Blockchain and Bitcoin. Don't trust, verify. Remember?
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Well congratulations to you, OP! Something like that does not happen often, maybe once in a blue moon! If I were you I would put aside all but 200 USD of those winnings and continue to gamble (if you still want to gamble) with that 200 Dollars. The rest should be invested or held on to. As far as KYC goes, you might not have reached the number that lets the alarms go off. So 9.6k is a safe win at that particular online gambling casino. Thats very good to know. Usually such winnings do not go unnoticed by the casino and they usually try everything to hinder you from cashing out. Hopefully these kinds of happy mistakes happen to you again!
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Well, I have never received such an offer. I do however wonder how much these people usually offer you? If anyone has experience, I would love to know.
As far as scams go, anyone could get duped into promoting a scam project. We are all human, so there needs to be room for understanding... But if you continue to support a scam, even though people tell you its a scam then you will ruin your reputation and you will deserve the red trust, regardless of whether or not the signature was ok'd by a signature bounty manager. Furthermore, you should always do a minimal amount of research before you put their signature on your profile. Don't expect a manager to do it for you.
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Presidential elections in Russia are just as much a sham as were the elections in the occupied territories in Ukraine. In reality the common Russian has 0 say in the governance of his/her country. The reason why (Tsar) Putin reports impossible and quite absurd “election” statistics of 80-90 percent is because every “Vote” becomes a “Yes” when the results are manipulated. This is how autocracy works. I do not care how much of a conspiracy theorist you are, nobody in the world gets 80-90% support from their people. Its just not possible. Not even Mother Teresa or Gandhi would get 90% approval. Opposition politicians are jailed, barred from running or forced into exile. Media and journalists who are critical of the government are labeled as “foreign agents” and not allowed to participate. Just like in China. Even the math shows its a sham.  source: Statistical anomalies in Russian elections |
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Currently it is not allowed, as cryptocurrency is not recognized as a legal tender. The same rules is for base salary and for bonuses - even with agreement between employer and the employee.
I am not sure about Belgium but in my European country, if a boss wanted to pay you in cryptocurrency, he could. But if he does, he might, depending on the situation be forced to pay double. Because, as you said, cryptocurrency is not recognized as legal tender. But I am no lawyer so I have no idea how to set that up in a way that works for everyone. Personally, I would prefer to be paid in Bitcoin. That way you can avoid your money coming anywhere near a bank. And if you were planning on investing in Bitcoin anyway (like me), then whats the problem? Everyone should be free to decide if they want fiat or crypto. The government should have no say in whether I get paid in silver coins or Euros or Dollars or strawberries. That decision is up to me and my contractual partner (Boss). Although the boss should not be allowed to decide for you, I should add. |
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These are two gambling stories that are very interesting Story 1A man stole his girlfriend's 10k to place a bet. He won 100 million and returned 10k to his girlfriend. His girlfriend is furious and demands 40 million dollars. *Read the full story hereStory 2An apprentice who won 16 million naira on BET was asked by his boss to split the money into two parts. This 50 - 50. As the story goes, people sided with his boss, and he had no choice but to comply. It's important to remember that the money used to bet belongs to the apprentice, not the boss. *Read the different opinions of people hereFirst, in your opinion, what would be a reasonable amount to give his girlfriend? Second, assuming you were the apprentice in the story, would you abandon your training or would you have given in to the pressure to split the money with your boss? These stories are both messed up and completely lack justice (I would say). In the first story, the girlfriend deserves ALL the winnings not just 40 mill due to the fact it was her stolen money. In the second story the boss deserves absolutely nothing or everything depending on who's money was used to bet. I am reading on the twitter thread a lot of people saying it was the bosses money. So that makes it a bit confusing. I am completely leaving out cultural and social issues of different countries out of my equation because every country has a different view on whats right and wrong. The BF who stole his GFs money is 100% a scumbag though. |
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I cannot really remember the game but it was a slots game. My winnings were about 200 dollars, more or less. Considering I put in only peanuts, not counting my losses, it did come out to a nifty number of 200.
Although I would discourage anyone from running to the next online gambling casino because they feel lucky after reading this thread.
Big wins are very rare and fun to experience, as a modest gambler. I am sure that there are people here who have won over 10k with only a few hundred dollars at stake but thats really only going to happen a few times in a lifetime.
I prefer going for the small wins using tiny bets. You get almost the same rush/feeling as if you were to bet 1 dollar as you would with 10. So no point in upping the risk.
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I think that the issue is not how much his reputation was worth but rather what the money was worth to him. For example, for most people 50k is a really large amount of money that takes a long time to gather. For rich people like Bill Gates or Elon Musk, 50k is peanuts not even worth thinking about. They could use it literally as toilet paper and not care about it.
So if that man is truly such an amazing blackjack card counter then he obviously has more than enough money not to care about a measly 50k. So in that instance his reputation would be worth much more than the money.
Or maybe he is not "rich" but has a strange, non-typical value system. Who knows?
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If you're going to start a new thread then at least make the opening post something worth reading. This is social media level trash, not a topic starter. KYC has both its advantages as well as disadvantages. But everyone is free to make their own choice whether they prefer gambling on a non-KYC platform or a KYC gambling casino. We have both choices and both of them have negative and positive sides. With KYC you can be sure that your identity is linked to your money so in the case something happens, the casino is legally obliged to give you your money back. With non-KYC you do not need to worry about where your personal data is going.
Whether the casino is legit or not is up to you. Do your own research and see if they are licensed.
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Lucky guy. In the country of Nigeria one could definitely live a comfortable-enough life with $51k USD. Although technically he won 50k not 51k because he put 1k into the bet, so he just got his 1k back. Still. 50k = Very nice.  It should be kept in mind that this win is an exceptional and very very rare win. He had greats odds against him and wins like these do not happen often, so nobody should let themselves feel encouraged to run to the next gambling casino in order to put down a 1k bet. Chances are, that 1k will be gone forever or you might win a few more k. If I were to win 50k in Nigeria the last thing I would want to do is let other people know. The crowd followed him to the mosque as well? Lol. One could say he tried to escape the crowd. |
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Regulational pressure from the governments and their impotent laws toward decentralized cryptocurrencies like Bitcoin will only push us further towards removing banks and other centralized middle-men platforms like (centralized) crypto exchanges from the world of crypto. I see absolutely nothing wrong with this. Not only is it helping our cause and further developing decentralized technologies to replace the old centralized ways, but it also shows how powerless the governments are in face of decentralized blockchain technology. Its been years of promises of regulations and bans and many years later, we still stand strong.
The governments have nothing that could destroy or regulate crypto.
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Many people still think of cryptocurrency as gambling. While gambling relies on chance, cryptocurrencies rely on arithmetic and cryptography.
Given the parallels between cryptocurrency and gambling, this makes sense. Both are fast-paced, the value of crypto is unpredictable.
Cryptocurrency is chance-based, rooted in exceptional circumstances like influencer opinions, values might drastically change.
And both crypto and gambling (online gambling) are accessible all day and night.
The only parallels between cryptocurrency and gambling is that we do not know whether we will lose or win money on our investment. But we are completely leaving out the property of probability from the comparison. The probability of you making $10000 Dollars out of a $1000 investment with cryptocurrency is much much higher than you making the same by gambling. The reason for this is because in the gambling casino world, the casino always has house edge and mathematically, cannot be the one losing money over an extended period of time. It just would not work. We can all agree Bitcoin will definitely reach 100k (at least) during the next ATH. It might take years but that's already 5x profit with 99% certainty that you won't get from any casino. |
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But you still trusted a third party to hold your money for you. It's not that you give up custody for a while. I might not trust Binance for keeping their business operating forever, or I might not trust their competence when it comes to security over the long run, but I'm confident trusting them for a few minutes to keep my money. That should be the least of your worries. The worst part is that you'll be asked to provide a ton of KYC. Phone number, home address, first and last name, email, bank statements, selfies. Of that kind of personal stuff, no; I don't trust them the slightest. Then, you have the "taint analysis", which is against the fundamentals of bitcoin. You could also avoid that by creating an account with a non-us based crypto exchange with lax regulation laws. For example, Kucoin or Poloniex will not touch you with KYC demands if you are not a big fish trading hundreds of thousands everyday. Although they could freeze your funds and demand KYC. Not sure how they could manage to do it legally but I am guessing probably something to do with accusing you of being a money launderer or possible terrorist. Still, as you said its not safe either way and not only is your money in the hands of someone else, who you must trust not to randomly freeze, lose or steal your funds but those same untrustworthy people store your private information and government issued documents? Thats a no-go for me. |
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Exchanges are generally very important in a market. But since the Bitcoin market is more complicated than others, let's draw a line between centralized exchanges (CEX) and decentralized exchanges (DEX). Whether CEX or DEX, exchanges are needed to trade national currencies and cryptocurrencies.
CEX are important, given that the user doesn't value himself, and trusts some CEO more than he trusts himself. In that case, he should choose a CEX.
DEX are important, because they're exchanges with no intermediaries, via the internet. People who might hate each other can exchange cryptocurrencies for cryptocurrencies with zero trust, and their national currencies for cryptocurrencies with minimum trust.
Sometimes, the former might attract more users due to lower fees as well.
I completely agree. Simply put, I believe that exchanges are very important for the role of adoption. One way or another everyone has an option of how securely they want to buy their Bitcoin. We have the people who want an easy user experience so they go for exchanges. That makes sense and is one of the cheapest alternatives (unless you plan on withdrawing to a different wallet in which case you will pay a small fee). But you still trusted a third party to hold your money for you. People who distrust those third parties (as they should) can buy Bitcoin without having to go to an exchange. P2P and cash are always options. But like 99% of people don't seem to care about that, even though they support a decentralized concept like Bitcoin. |
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I have seen more than 2 casinos locking user accounts for this action, and is it really the users fault?
If the users claims tons of faucets or bonus is because the casino engine allows it, and if the casino is losing money with this action they should fix their code to avoid this problem and not steal users money.
The casinos sets the rules of the game, and if a user is smarter enough to find a way to make profit with those rules then they shouldn't block users withdrawals.
So, what do you think about this?
In this very particular case, if a player finds a way to exploit the code then that is the same as if you found a way to steal money from an atm. So why would anyone allow you to keep that money? Seems unfair/illegal to me. If you are worried about being treated unfairly you can ponder the following: First, in order to be sure of whats right or wrong I would probably look at your countries laws regarding this and the laws of the country in which the gambling casino is based. Bad Casinos usually like to base themselves in countries with corruption problems and/or lack of gambling regulations. That makes it much harder to get your money back (if you are indeed dealing with a bad casino). In the case of good casinos you should try to work it out with the casino. They surely would not want do anything against the law, (like steal your fair-earned money) as registered, licensed casinos. |
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Assuming you gamble on a mid to high-rated gambling website and you won big but they refuse to pay up, what and what are the legal way to make sure that the platform pays up your money?
Hire some wise guys to break their legs. I am joking of course. Although that would be a dark option  The best thing to do is to make them nervous by showing proof of their unfair actions to their social medias. They really do not want to lose customers so they will be sure to quickly remedy the situation. This has proven true time and time again. Unless, of course, the gambling casino website in question is scamming on purpose and does not care about user retention. In which case you might have a problem. Especially since they probably covered their tracks in some offshore country known for its corruption... In that case, bad luck. |
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I do not think there is anything going on but just in case you have a gut feeling that there is something wrong, then I suggest listening to your gut feeling and play something else. As far as I know these things are audited regularly. I believe some people here already have mentioned that. It also feels like the casino is cheating to me, everytime I lose. But I can't really say that everytime I lose. That would be petty finger-pointing.  We should just remember that house always has the edge. Otherwise owning a gambling casino would not be worth it and would make absolutely no sense, from a business standpoint. Mitigate your risks by not betting too much. |
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