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[avp2306]

I think some of the old business liquidate some of the BTC they hold especially when the markets plummet, or they just convert it to stablecoins to keep a float during crypto winter. So each new cycle of new all time highs does not necessarily mean that their BTC value grew by 10 or 7 times

Isn't it risky to convert crypto reserves into stablecoin for a casino business? You never know when the price goes up or down. If the price goes up, you'll have to buy Bitcoins with your stablecoins and you might lose a lot of money. I think that they should keep their cryptocurrencies in their original forms. If this is true, then, if they could afford to pay 10 Bitcoin 7 years ago, they should be able to pay 10 Bitcoin today. It's strange that Baryom, who wanted to increase the max bet up to 100-150 Bitcoins, actually lowered it from 10 Bitcoins to 0.2 Bitcoins.

Aside from that risk people might lose their trust on the casino especially many would provably think that what they are doing is red flag.

Also they might lose lots of money on fees if they always convert on desired coin what people request to withdraw.

So maintaining their funds to different coins is much really better since they can get away from major drawbacks and they can able to fasten up the transaction happening in their casino. Maybe they updated updated their maximum bet and base it to USD that's why they come up with those figures.

[yahoo62278]

I think some of the old business liquidate some of the BTC they hold especially when the markets plummet, or they just convert it to stablecoins to keep a float during crypto winter. So each new cycle of new all time highs does not necessarily mean that their BTC value grew by 10 or 7 times

Isn't it risky to convert crypto reserves into stablecoin for a casino business? You never know when the price goes up or down. If the price goes up, you'll have to buy Bitcoins with your stablecoins and you might lose a lot of money. I think that they should keep their cryptocurrencies in their original forms. If this is true, then, if they could afford to pay 10 Bitcoin 7 years ago, they should be able to pay 10 Bitcoin today. It's strange that Baryom, who wanted to increase the max bet up to 100-150 Bitcoins, actually lowered it from 10 Bitcoins to 0.2 Bitcoins.

Aside from that risk people might lose their trust on the casino especially many would provably think that what they are doing is red flag.

Also they might lose lots of money on fees if they always convert on desired coin what people request to withdraw.

So maintaining their funds to different coins is much really better since they can get away from major drawbacks and they can able to fasten up the transaction happening in their casino. Maybe they updated updated their maximum bet and base it to USD that's why they come up with those figures.

Btc price was $1k in early 2017 and rose to $14k by the end, so having a max bet of 100btc would pay a nice 1.4 million dollars. You take 10 btc today as the max win you can win close to 900k.

I am sure that the max was lowered from 100 to 10 is just to sustain the business model and keep plenty in reserve so the business can thrive for years vs dying in 1.

[shield132]

Btc price was $1k in early 2017 and rose to $14k by the end, so having a max bet of 100btc would pay a nice 1.4 million dollars. You take 10 btc today as the max win you can win close to 900k.

I am sure that the max was lowered from 100 to 10 is just to sustain the business model and keep plenty in reserve so the business can thrive for years vs dying in 1.

You can't take 10 Bitcoin as the max win today. 10 Bitcoin was the max win in 2016-2017 but today the max win is 0.6 Bitcoin as I see, I haven't seen higher number than this one on Bitsler. 0.6 Bitcoin is 50K USD and it's definitely higher than the maximum reward in 2016-2017 but my question is that since Bitsler is a crypto casino and has reserves in cryptocurrencies, especially in Bitcoin and Baryom wanted to grow that number from 10 Bitcoin to 100 Bitcoin, why does he have 0.6 Bitcoin as a max profit? With the Bitcoin reserves that he has, if he was able to pay 10 Bitcoin in 2017 (keeping in mind that he wanted to significantly grow this number), he should be able to pay 10 Bitcoin as max win today, shouldn't be? The wealth of Bitsler should be 100x higher today than it was in 2016-2017 because the price went up that much.

[Mahdirakib]

Bitsler has credited 5 free bets to my account as a new year gift. The free bets were credited on the coin flip game. Bitsler team occasionally credits free spins like that on my account. Anyway, has anyone played the new game 'Super Pixel Fighter' at Bitsler? It is pretty similar to the coin flip game, but the concept (fighting) of the game is interesting.

[notocactus]

You can't take 10 Bitcoin as the max win today. 10 Bitcoin was the max win in 2016-2017 but today the max win is 0.6 Bitcoin as I see, I haven't seen higher number than this one on Bitsler. 0.6 Bitcoin is 50K USD and it's definitely higher than the maximum reward in 2016-2017 but my question is that since Bitsler is a crypto casino and has reserves in cryptocurrencies, especially in Bitcoin and Baryom wanted to grow that number from 10 Bitcoin to 100 Bitcoin, why does he have 0.6 Bitcoin as a max profit? With the Bitcoin reserves that he has, if he was able to pay 10 Bitcoin in 2017 (keeping in mind that he wanted to significantly grow this number), he should be able to pay 10 Bitcoin as max win today, shouldn't be? The wealth of Bitsler should be 100x higher today than it was in 2016-2017 because the price went up that much.

It's only in theory but when Bitcoin had lower prices in past years, spending considerable number of bitcoins is more comfortable than doing the same in 2025 with much higher price of Bitcoin. Beyond the price at time of spending, there is also kind of uncertainty and fear of rising price in the future.

I aslo see that Bistler changed their signature campaign payment method from bitcoin in the past to USDT on Ethereum blockchain when they launched a campaign in October 2025. It shows their strategic change and I think they want to spend their budget in stablecoin like $1000 spent today will be similar to $1000 spent in 2036. There is of course inflation problems and decrease of purchasing power but it will be less severe than loss in $ equivalent if they spend bitcoins.

[shield132]

You can't take 10 Bitcoin as the max win today. 10 Bitcoin was the max win in 2016-2017 but today the max win is 0.6 Bitcoin as I see, I haven't seen higher number than this one on Bitsler. 0.6 Bitcoin is 50K USD and it's definitely higher than the maximum reward in 2016-2017 but my question is that since Bitsler is a crypto casino and has reserves in cryptocurrencies, especially in Bitcoin and Baryom wanted to grow that number from 10 Bitcoin to 100 Bitcoin, why does he have 0.6 Bitcoin as a max profit? With the Bitcoin reserves that he has, if he was able to pay 10 Bitcoin in 2017 (keeping in mind that he wanted to significantly grow this number), he should be able to pay 10 Bitcoin as max win today, shouldn't be? The wealth of Bitsler should be 100x higher today than it was in 2016-2017 because the price went up that much.

It's only in theory but when Bitcoin had lower prices in past years, spending considerable number of bitcoins is more comfortable than doing the same in 2025 with much higher price of Bitcoin. Beyond the price at time of spending, there is also kind of uncertainty and fear of rising price in the future.

I aslo see that Bistler changed their signature campaign payment method from bitcoin in the past to USDT on Ethereum blockchain when they launched a campaign in October 2025. It shows their strategic change and I think they want to spend their budget in stablecoin like $1000 spent today will be similar to $1000 spent in 2036. There is of course inflation problems and decrease of purchasing power but it will be less severe than loss in $ equivalent if they spend bitcoins.

For example, if Bitcoin costs 1000$ but you have 10,000 Bitcoin in your bankroll and you allow people to win up to 10 Bitcoin per bet, then why should you be able to do same in 2025? In 2025, when Bitcoin costs almost 100,000$ and there is a huge chance your bankroll is higher than 10,000 Bitcoins because it's a crypto casino that collects profit in crypto. Why should you lower it from 10 Bitcoins to 0.6 Bitcoin? The higher the max win limit, the higher money your customers will spend and the more profit you'll collect in the end.

You might be true in the second part or maybe they don't want to sometimes give away lots of Bitcoins and sometimes a few Bitcoins (the number changes as the price goes up or down, they spent a lot of Bitcoins in the past when I was part of their OG signature campaign).

[notocactus]

For example, if Bitcoin costs 1000$ but you have 10,000 Bitcoin in your bankroll and you allow people to win up to 10 Bitcoin per bet, then why should you be able to do same in 2025? In 2025, when Bitcoin costs almost 100,000$ and there is a huge chance your bankroll is higher than 10,000 Bitcoins because it's a crypto casino that collects profit in crypto. Why should you lower it from 10 Bitcoins to 0.6 Bitcoin? The higher the max win limit, the higher money your customers will spend and the more profit you'll collect in the end.

You might be true in the second part or maybe they don't want to sometimes give away lots of Bitcoins and sometimes a few Bitcoins (the number changes as the price goes up or down, they spent a lot of Bitcoins in the past when I was part of their OG signature campaign).

Of course, you can do your math, I can do mine, and Baryom can do his. As users, any user can complain about current policy and ask for changes but Baryom might listen to your complain, consider about changes but eventually decide no change at all.

It's Bitsler and Baryom business and you or any user can not decide anything for him, he decides it, even closing the Bitsler company if he feels enough with Bitcoin or cryptocurrency treasuries he has now. There are some casinos did it like YOLOdice, and in latest months there are some signals that Sportsbet team are considering about that too.

This post does not mean I disagree with your math.

[livingfree]

Bitsler has credited 5 free bets to my account as a new year gift. The free bets were credited on the coin flip game. Bitsler team occasionally credits free spins like that on my account.

Does that free 5 bets usually credited during the end of the year? I guess that the others have taken free bets as well and it's depending on how much wagered everyone made for the entire year.

Anyway, has anyone played the new game 'Super Pixel Fighter' at Bitsler? It is pretty similar to the coin flip game, but the concept (fighting) of the game is interesting.

I haven't played that but are you able to spend the 5 free bets/credits you've got for that game?

[Mahdirakib]

Does that free 5 bets usually credited during the end of the year? I guess that the others have taken free bets as well and it's depending on how much wagered everyone made for the entire year.

It was credited on the 31st of December to my account. Most probably the free bet was based on my VIP level. I had received free bets like that in coin flip game in the past too. I have also received some free spins related promotional emails recently. Those free spins have some deposit and wager requirements, but I haven't tried them.

I haven't played that but are you able to spend the 5 free bets/credits you've got for that game?

Yep, I had played those 5 free bets and won around $0.5 only . Each free bet was worth $0.1 only.

[AbuBhakar]

Yep, I had played those 5 free bets and won around $0.5 only . Each free bet was worth $0.1 only.

I checked now my account and I notice the same freebet on my notification but it’s already not claimable when I click it.



I didn’t have time to place bet this December and missed a lot of good promos. I just notice the promo I shared below popping on the homepage.

Do you manage to claim this bonus too?

[logfiles]

Isn't it risky to convert crypto reserves into stablecoin for a casino business? You never know when the price goes up or down. If the price goes up, you'll have to buy Bitcoins with your stablecoins and you might lose a lot of money. I think that they should keep their cryptocurrencies in their original forms. If this is true, then, if they could afford to pay 10 Bitcoin 7 years ago, they should be able to pay 10 Bitcoin today. It's strange that Baryom, who wanted to increase the max bet up to 100-150 Bitcoins, actually lowered it from 10 Bitcoins to 0.2 Bitcoins.

So what other logical reason can you give for the lowered max bet assuming they keep all the Bitcoins they had without selling anything?

The risk may be there, but they would definitely try to do as much as possible to maximize profits from the market fluctuations. At least until recently, the bull and bear market cycles were pretty predictable which was a good start.

[Russlenat]

Cloudbet is better now for the OGs. Max Payout 1M on Dice.

There’s really no need to compare here bro. Maybe it’s better than this casino, but there are also casinos that are better than Cloudbet. I’ve used Cloudbet before, but honestly it’s not one of my favorites since there are other options I like more.

It’s probably better to take comparisons to a separate thread and not mix it into a thread that’s meant for Bitsler announcements and news.

[shield132]

Isn't it risky to convert crypto reserves into stablecoin for a casino business? You never know when the price goes up or down. If the price goes up, you'll have to buy Bitcoins with your stablecoins and you might lose a lot of money. I think that they should keep their cryptocurrencies in their original forms. If this is true, then, if they could afford to pay 10 Bitcoin 7 years ago, they should be able to pay 10 Bitcoin today. It's strange that Baryom, who wanted to increase the max bet up to 100-150 Bitcoins, actually lowered it from 10 Bitcoins to 0.2 Bitcoins.

So what other logical reason can you give for the lowered max bet assuming they keep all the Bitcoins they had without selling anything?

The risk may be there, but they would definitely try to do as much as possible to maximize profits from the market fluctuations. At least until recently, the bull and bear market cycles were pretty predictable which was a good start.

I can't give a logical reason for lowered max bets, that's the point. Bitsler was one of the most popular crypto casino in 2017. It's still popular but I believe that some competitors are doing better than Bitsler today. Baryom was very ambitious back then, maybe he decided to cool down and relax more, I have no idea but the fact that Bitsler returned on Bitcointalk is a very good signal that they are back.
I'm posting here this question because I hope to get an answer from Baryom, it will be very interesting to know why he dropped the ambition that he had. I understand that increasing a bankroll up to 100 Bitcoin was almost impossible back then because he couldn't find a bulletproof trustworthy solution for investors but he could definitely at least double the max bet money in almost 10 years, keeping in mind his talent, knowledge and ambition.

[livingfree]

Does that free 5 bets usually credited during the end of the year? I guess that the others have taken free bets as well and it's depending on how much wagered everyone made for the entire year.

It was credited on the 31st of December to my account. Most probably the free bet was based on my VIP level. I had received free bets like that in coin flip game in the past too. I have also received some free spins related promotional emails recently. Those free spins have some deposit and wager requirements, but I haven't tried them.

Likely it's an end-year bonus for you since you're on a VIP level. I've got those free spins I think IIRC and the same as you so, with the other bonuses it's usually just random and maybe for all sometimes.

I haven't played that but are you able to spend the 5 free bets/credits you've got for that game?

Yep, I had played those 5 free bets and won around $0.5 only . Each free bet was worth $0.1 only.

Not that bad, a win is a win.  

And coming from free bet, can't complain.

[Mahdirakib]

I didn’t have time to place bet this December and missed a lot of good promos. I just notice the promo I shared below popping on the homepage.
Do you manage to claim this bonus too?

No, I wasn't eligible for that bonus as I didn't wager the required amount within the given time frame. Most probably Bitsler sends promotional emails like that to all the active users two to three times each week. Each message has a different free spin offer with different deposit and wager requirements. For example, I received this email yesterday.

[panjul07]

I didn’t have time to place bet this December and missed a lot of good promos. I just notice the promo I shared below popping on the homepage.
Do you manage to claim this bonus too?

No, I wasn't eligible for that bonus as I didn't wager the required amount within the given time frame. Most probably Bitsler sends promotional emails like that to all the active users two to three times each week. Each message has a different free spin offer with different deposit and wager requirements. For example, I received this email yesterday.

I receive an email as well yesterday but the offer is different, the offer for me is that I need to wager $50 in a single day to get 5 Cash Spins.

On New Year, there was also an offer came to my email but with another requirement and reward.
It was a free 5 Cash Spins and an offer to wager $500 to get extra 25 Cash Spins but I did not take it all because I'm back to cold mode in gambling after I gambled enough amount in December last year.

[Mahdirakib]

~snip~

You have received a sweet offer from them. The wagering requirement is too low for you. It means your activity was almost zero at Bitsler in the recent months. Bitsler comes with both deposit and wager requirements for this type of bonuses. The deposit requirement is always high for these free spins offer compared to the wager requirement.

[panjul07]

~snip~

You have received a sweet offer from them. The wagering requirement is too low for you. It means your activity was almost zero at Bitsler in the recent months. Bitsler comes with both deposit and wager requirements for this type of bonuses. The deposit requirement is always high for these free spins offer compared to the wager requirement.

Not only almost to zero, but it is completely zero LOL because my last play was on November (1st week) so I did not wager for more than 45days.
Frankly I have no idea what is this Cash Spins, how much it worth, etc since I do not visit Bitsler regularly and some terminologies are still new for me.
I did not search more information when I received the email because I was not that interested to take it but perhaps I'll take upcoming offers if it will be on the time when I'm ready to play again.

[Mahdirakib]

~ Frankly I have no idea what is this Cash Spins, how much it worth, etc since I do not visit Bitsler regularly and some terminologies are still new for me.

'Cash Spins' refers to free bet. Maybe they have used the word 'Cash Spins' as you were going to receive it in their in house edge game. The concept of the Risky Chicken game is same as the Chicken game of Stake. With that small wagering requirement, each free bet wouldn't have been be worth more than $0.10. Perhaps, you may not receive a better offer from Bitsler until you make a deposit and place some bets.

[len01]

It’s honestly a bit sad and disappointing to see this happen. My account got closed because it was inactive for a long time, and I didn’t even realize Bitsler had a policy like that. The last time I was active was back in 2023 when I was betting on dota 2. This is the first time I’ve had a casino account for so long, even though I didn’t use it often, and then it ended up getting closed. Kinda regret it and feels unfortunate.