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Author Topic: Can gambling sites deduct amounts in my account?  (Read 1371 times)
shanem
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December 16, 2015, 02:42:18 PM
 #21

The site owner can do anything to your balance if he/she wants to. However, there is no advantage in doing that unless you are cheating. This will only chase away potential customers from the site.

     

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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December 16, 2015, 02:48:21 PM
 #22


Been playing with dice for a bout a week now and won few. I was wondering if gambling site can deduct some bitcoins in our accounts if they intend to. Can they?

Of course it can. but very rarely admins who do stupid things like it only will lose customers best.

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December 16, 2015, 02:50:18 PM
 #23

If you don't trust the site, you should not leave your bitcoin on the site but withdraw it after playing. Or you should not use it at all and go play on some other sites. If you trust the site enough that you are okay to leave your bitcoin there, why would you worry about the site secretly taking a small part of your balance, when they can take all your bitcoin and shut down the site any time they want?

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December 16, 2015, 02:53:19 PM
 #24

Gambling sites aims to ensure you have a safe and enjoyable online gambling experience. So if some site admin deducet amount u have, if they are not provably fair they will be ruined fast. People will not go there simply. If u play fair and dont cheat I think u dont have nothing to be afraid. I play on several sites and everything is fine in this few months. The truth is, there is a spectrum of gambling sites that run from pure shit to highly ethical. There is many ways for checking some site before u deposit money, inform yourself before everything u do!
Whichever site u choose, I wish you luck and happy betting.

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December 16, 2015, 03:09:24 PM
 #25


Been playing with dice for a bout a week now and won few. I was wondering if gambling site can deduct some bitcoins in our accounts if they intend to. Can they?
Of course they can, but why would they harm their reputation by doing that? It's like having your money in a bank and seeing your account's balance is dropping.
Would you trust the bank after that?
first thing that comes to mind is an exit scam, a more investment oriented site could very well make a net profit from scamming investor funds given enough advertising was done to attract people. this wont be the case for established sites with a reputation, but its just a possibility.
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December 16, 2015, 03:23:25 PM
 #26

I guess not if it is a trustworthy site, but if it is a scam site, then surely it will happen, if untt of now very difficult to find such a site ng  Smiley

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December 16, 2015, 03:37:07 PM
 #27

i see more than 10 posters says "of course they can" , "they can do anything" etc
so the point here is THEY COULD DO ANYTHING TO YOU
thread closed and discussion ended here.
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December 16, 2015, 05:09:52 PM
 #28


Been playing with dice for a bout a week now and won few. I was wondering if gambling site can deduct some bitcoins in our accounts if they intend to. Can they?

Of course it can. but very rarely admins who do stupid things like it only will lose customers best.

If the site has a referral program, there are many users who try to cheat to earn more money and that time the site either bans them or removes all the referral rewards. Just happened with betcoin but they just reduced the referral reward for all users.
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December 16, 2015, 05:34:04 PM
 #29

Yes they can if they have their own script i mean not that use moneypot api. It is easy to deduct, add or even delete members balance and detail in database for a site owner. So it is always suggested to use different password in different sites.
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December 16, 2015, 07:44:19 PM
 #30

after reading the thread subject and replies one thing is confirm that playing in casinos and dice game is fully risky because owner of the site can do anything with our account and what ever we won can go anywhere then it is totally literally waste of time, damn i also wasted so much time and my bitcoins, now i will stop fully.

thanks guys for giving so good information.
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December 16, 2015, 07:50:25 PM
 #31

they can do that only if you loose money then they can take the money you lost but they cant take your money without any reason because it would mean that they are stealing your money this would definitely not be good for all their reputation

 
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December 16, 2015, 09:16:58 PM
 #32

after reading the thread subject and replies one thing is confirm that playing in casinos and dice game is fully risky because owner of the site can do anything with our account and what ever we won can go anywhere then it is totally literally waste of time, damn i also wasted so much time and my bitcoins, now i will stop fully.

thanks guys for giving so good information.

Yes, the owner can run with everyone's money if he wants.

But will he? Big sites like Prime Dice and others earn a good amount of BTC by day, so would not take much time until they earn honestly what they could steal. Plus they would really piss people off, they would DOX them and go after the owner, and they would have problems with the law too. It surely would hurt them in real life.


I think it is unlikely that the owners of the big casinos will just run away or cheat people, even if they are dishonest, because it would not be profitable
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December 17, 2015, 02:11:19 AM
 #33

If its a scam site then they can and will steal all your BTC if they want. Happened before many many times. That's why its never a good idea to hold a large amount of BTC at once. Just deposit and withdraw when you are done.

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December 17, 2015, 06:05:47 AM
 #34

If its a scam site then they can and will steal all your BTC if they want. Happened before many many times. That's why its never a good idea to hold a large amount of BTC at once. Just deposit and withdraw when you are done.

This is the best strategy, but if you want to keep it in your gambling site account, it should be fine. Honestly, if you play fair and don't cheat, the likeliness of your balance being deducted by one of the reputable gambling sites (i.e primedice, bustabit) is close to 0. These sites have more to make by staying rather than running with money.
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December 17, 2015, 06:23:02 AM
 #35

after reading the thread subject and replies one thing is confirm that playing in casinos and dice game is fully risky because owner of the site can do anything with our account and what ever we won can go anywhere then it is totally literally waste of time, damn i also wasted so much time and my bitcoins, now i will stop fully.

thanks guys for giving so good information.

That's not the point here. Certainly there are gambling sites that are reliable and trustworthy and I mean some of them are in the business for years so surely they are doing it right. Newer gambling sites are spending thousands to advertise their services and so I think they're not scam at all.

You'd be alarmed if there are accusations to them though.

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December 17, 2015, 09:19:48 AM
 #36

Why would you ask that after a week of playing?

I'll be honest it sounds like you may be up to no good. (if that is the case then yes they can easily!)

If you're a normal player just playing dice not doing anything shady then you have nothing to worry about in the slightest pal assuming of course that you are playing at one of the top dice sites.

Just wanna ask as I don't remember how much I have in my account. I just login and saw that amount I never have. will try to record my btc every time i go stop.


I see, in my opinion assuming you are playing at a trusted site you have nothing to worry about. But to be on the safe side and for your own piece of mind you are best of withdrawing after your days gambling. So you are always in control of your own funds which is one of the best thing about bitcoin. You gotta be in control of your priv keys pal.
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December 17, 2015, 09:48:54 AM
 #37

No dude ! They should'nt ! They can take some transaction fee if they've mentioned but most of the sites do charge a negligible amount as transaction fee.If apart from that your money is automatically deducted frm your account you can always submit a support ticket or raise an issue.
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December 17, 2015, 09:54:03 AM
 #38

No dude ! They should'nt ! They can take some transaction fee if they've mentioned but most of the sites do charge a negligible amount as transaction fee.If apart from that your money is automatically deducted frm your account you can always submit a support ticket or raise an issue.

let me fix your sentence.
they can do editing all information in their own website include your account,
but they shouldn't do it.

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December 17, 2015, 10:19:46 AM
 #39

They can do whatever what they want with the amount in your account since you made a deposit on their site. If you have a high balance I suggest you withdraw before playing again.

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December 17, 2015, 10:39:40 AM
 #40

Yes they can, that's why it's best to keep track of the amount you have before logging out and take screenshots for proof.
Or you could just withdraw if you've won a huge amount. That's the smartest thing to do.

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