Auto Deduct System

[imstillthebest]

[...]

yes these is a cool feature (Though this is from Lotto site?) hope those major gambling site will also have this one so we can enjoy more playing after playing lol.

like op said a lotto site is implementing it but if this became sucesful , major gambling sites will also implement the same because they are afraid that their costumers will transfer to the other that have this new feature  .
for now you can use the autobet settings because it lets you play continously if you still have a balance in your account .

[mv1986]

What do you think of an AutoDeduct System of a Gambling Platform? Says you just connect your wallet like for example on a Dice Game, then it will just roll itself everytime it sees some funds on your wallet whatever coins it was until you are left with Zero ( Funds withdrawn or Funds gets Zero?)

I just have think of this as LOTTO ( site : lotto.finance) is implementing this, and one way to get out of that is to either wrapped the tokens or bridge it on another chain, do you think its reasonable not to have a stop button to exclude your address once you don't want it anymore?

I think this feature doesn't make sense.

Imagine you forget you turned on this feature (if they have enable and disable option) and you just saving money on the wallet connected on the gambling site, then one day you're excited to see how much did you save on your wallet but you surprised yourself instead because you don't have any money on your wallet because of that kind of feature. It's like creating your own ghost and getting scared because of it.

It's still much better to manually make your own bets to feel the thrill whenever you play gambling, in my opinion.

It is also a feature that wouldn't get me excited to play either. Isn't the fun about gambling that you as a player are somehow involved? Even if it is only clicking the button "roll the dice"? I mean if there is nothing you have to do except for watching, what's the whole point of it? I am 100% sure I won't get to the point where I would ever consider activating such a function, lean back and just watch how funds are drained from my wallet without me interacting with the game in the slightest!

[virasisog]

This will be convenient for gamblers, but a big concern for wallet security. This might also cause bigger problem for gambling addicts since there will be no need to transfer funds and they will have unlimited access to their funds. Each idea has their ups and downs.

[zanezane]

I think this kind of system destroys the idea of you personally spending your money because you basically lets the system play and spend the money on their own and it also makes the connection to gambling from a person much more severed since you can only do it in an online gambling.

[michellee]

This will be convenient for gamblers, but a big concern for wallet security. This might also cause bigger problem for gambling addicts since there will be no need to transfer funds and they will have unlimited access to their funds. Each idea has their ups and downs.

It will be hard to take care of their money because the system can run automatically and roll the button as long as the money is still there. If the gambler is concerned with their money, they should not use this system because it can empty your money without control. If they do not want to watch the roll, they can leave it and come back later. But they will never know if their money is ending. So be careful when you want to use that.

[abel1337]

What do you think of an AutoDeduct System of a Gambling Platform? Says you just connect your wallet like for example on a Dice Game, then it will just roll itself everytime it sees some funds on your wallet whatever coins it was until you are left with Zero ( Funds withdrawn or Funds gets Zero?)

I just have think of this as LOTTO ( site : lotto.finance) is implementing this, and one way to get out of that is to either wrapped the tokens or bridge it on another chain, do you think its reasonable not to have a stop button to exclude your address once you don't want it anymore?

I have no experience yet on this Auto Deduct System but from what I understand from your description, It is like a bot that rolls itself until you dried your wallet up. I think If it is on a dice game, Casino will basically earn everything from you because you can dry your funds out so fast because it's a fast-paced game. A lottery game is good for this because it's not a fast-paced game. Also, there's a security risk that we can see here, We can't just allow any application to take over our wallets but I'm sure if anyone who implemented this type of system would be smart to let gamblers create an alternate wallet address to put their funds on.

[Silberman]

What do you think of an AutoDeduct System of a Gambling Platform? Says you just connect your wallet like for example on a Dice Game, then it will just roll itself everytime it sees some funds on your wallet whatever coins it was until you are left with Zero ( Funds withdrawn or Funds gets Zero?)

I just have think of this as LOTTO ( site : lotto.finance) is implementing this, and one way to get out of that is to either wrapped the tokens or bridge it on another chain, do you think its reasonable not to have a stop button to exclude your address once you don't want it anymore?

I am not sure I understand this, you mean that instead of sending coins to the casino wallet you could just connect an address that belongs to you and gamble with it directly? If this is the case this could save on fees which is good, however while I know there are people that prefer their gambling to be automated I have never understand this as I gamble for fun and the whole point to me is to get some entertainment, so I hope you could turn off that functionally as I do not want to have some money in that address and then a bot begins to bet in my place and I lose it all before I even realize it.

[Sanitough]

What do you think of an AutoDeduct System of a Gambling Platform? Says you just connect your wallet like for example on a Dice Game, then it will just roll itself everytime it sees some funds on your wallet whatever coins it was until you are left with Zero ( Funds withdrawn or Funds gets Zero?)

I just have think of this as LOTTO ( site : lotto.finance) is implementing this, and one way to get out of that is to either wrapped the tokens or bridge it on another chain, do you think its reasonable not to have a stop button to exclude your address once you don't want it anymore?

I am not sure I understand this, you mean that instead of sending coins to the casino wallet you could just connect an address that belongs to you and gamble with it directly? If this is the case this could save on fees which is good, however while I know there are people that prefer their gambling to be automated I have never understand this as I gamble for fun and the whole point to me is to get some entertainment, so I hope you could turn off that functionally as I do not want to have some money in that address and then a bot begins to bet in my place and I lose it all before I even realize it.

You can never save fees on this since your wallet is outside of the platform, it's just auto-connected but in reality, there's still a transaction happening like sending coins to a gambling site and withdrawing money to your wallet, every transaction will cost you a fee.

[paxmao]

What do you think of an AutoDeduct System of a Gambling Platform? Says you just connect your wallet like for example on a Dice Game, then it will just roll itself everytime it sees some funds on your wallet whatever coins it was until you are left with Zero ( Funds withdrawn or Funds gets Zero?)

As far as something workable, it is workable. Easy to implement provided the algo has full access to the wallet, passwords or a local wallet under the casino´s control. However, I am not so sure of how fun would this be and a lot about the gaming is having a pleasant user experience, not just playing a game of chances. If you think about it, successful games need to have some way of engaging the player and autoplaying sound like exactly the opposite if you know what I mean. Worth a try anyway,

[Silberman]

What do you think of an AutoDeduct System of a Gambling Platform? Says you just connect your wallet like for example on a Dice Game, then it will just roll itself everytime it sees some funds on your wallet whatever coins it was until you are left with Zero ( Funds withdrawn or Funds gets Zero?)

I just have think of this as LOTTO ( site : lotto.finance) is implementing this, and one way to get out of that is to either wrapped the tokens or bridge it on another chain, do you think its reasonable not to have a stop button to exclude your address once you don't want it anymore?

I am not sure I understand this, you mean that instead of sending coins to the casino wallet you could just connect an address that belongs to you and gamble with it directly? If this is the case this could save on fees which is good, however while I know there are people that prefer their gambling to be automated I have never understand this as I gamble for fun and the whole point to me is to get some entertainment, so I hope you could turn off that functionally as I do not want to have some money in that address and then a bot begins to bet in my place and I lose it all before I even realize it.

You can never save fees on this since your wallet is outside of the platform, it's just auto-connected but in reality, there's still a transaction happening like sending coins to a gambling site and withdrawing money to your wallet, every transaction will cost you a fee.

Thanks for the explanation in that case I do not see any reason to use this, there are times in which I do not feel like gambling too much, whether because I am too busy or simply I do not want to do it and there are other cases in which I feel in the mood and I can gamble a little bit more, in both of those cases an automated system is simply not the best option and it is better to decide by ourselves when we want to make the transaction, because as we know there are times in which this can be very expensive due to the high congestion on the mempool and it is better to select the time to do the transaction manually.