BitDouble.io (OP)
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September 24, 2016, 11:18:24 AM |
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Can I use BitDouble to mix my coins? No, and to prevent this, every deposit needs to be wagered before it can be withdrawn again. Well, it explains it all quite clearly in my opinion. The statement "every deposit needs to be wagered before it can be withdrawn" in plain english means: it has to be wagered 1 time. Also the reason for which this, so low to be honest, wagering requirement applies seems quite understandable, reasonable and fair as well: if you deposit into a gambling site the reason should be to gamble your money at least once because it wouldn't make any sense depositing 1 BTC if you are willing to gamble only 0.001 BTC (unless your purposes are different from the gambling ones). Also why a gambling site should waste time and resources processing transactions unrelated with the object of their business? I don't see any grey areas here and everything seems fair about this. Only suggestion to OP is to make these ToS even much more clear than they are now. Thank you for explaining it. The reason we have this rule is pretty simple. If we didn't we would be used as a free mixer. And also because we don't charge any fees for depositing or withdrawing, this could be abused too.
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CaptainKid
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September 24, 2016, 03:08:08 PM |
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Awesome site it made me won sometimes not
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panjul07
Legendary
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Merit: 1369
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September 24, 2016, 03:21:42 PM |
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Also the reason for which this, so low to be honest, wagering requirement applies seems quite understandable, reasonable and fair as well: if you deposit into a gambling site the reason should be to gamble your money at least once because it wouldn't make any sense depositing 1BTC if you are willing to gamble only 0.001BTC (unless your purposes are different from the gambling ones).
IMHO, it is not just about how many will be played from what we have deposited. Lets say I deposit 1BTC, play some rolls and I win 0.5btc but I have not wager 1BTC yet. In this condition I want to withdraw the whole amount because I have reached my goal but I cant withdraw it all. It means that the site force me to play more, and I can lose what I have won before. Of course I have also the chance to win more but I wont take the risk because I have reached my goal. Is it good for you if you are in that condition? I think they should do another thing to avoid their players use their site as mixer. Just my 2 cents.
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DarkStar_
Legendary
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Activity: 2772
Merit: 3284
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September 24, 2016, 03:31:46 PM |
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IMHO, it is not just about how many will be played from what we have deposited. Lets say I deposit 1BTC, play some rolls and I win 0.5btc but I have not wager 1BTC yet. In this condition I want to withdraw the whole amount because I have reached my goal but I cant withdraw it all. It means that the site force me to play more, and I can lose what I have won before. Of course I have also the chance to win more but I wont take the risk because I have reached my goal. Is it good for you if you are in that condition? I think they should do another thing to avoid their players use their site as mixer. Just my 2 cents.
Good point. Maybe change it so that either you wager the entire amount, or have a profit of 10%+, or a loss of 20%+. Wouldn't be a smart idea of using your site as a mixer though, since you keep a history of all deposits/withdraws, and law enforcement could recognize it belongs to your wallet, contact you, and continue tracing it. Or, just charge a fee for withdraw (0.2 mBTC). IMO, most people won't deposit at bitdouble for mixing, as they aren't very trustworthy right now (sorry, but it's the truth), and they could just use primedice or some other site.
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taking a break - expect delayed responses
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arcathomas
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September 24, 2016, 03:33:57 PM |
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That's a good website It reminds me csgodouble (closed now )
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Daffadile
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September 24, 2016, 05:04:27 PM |
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IMHO, it is not just about how many will be played from what we have deposited. Lets say I deposit 1BTC, play some rolls and I win 0.5btc but I have not wager 1BTC yet. In this condition I want to withdraw the whole amount because I have reached my goal but I cant withdraw it all. It means that the site force me to play more, and I can lose what I have won before. Of course I have also the chance to win more but I wont take the risk because I have reached my goal. Is it good for you if you are in that condition? I think they should do another thing to avoid their players use their site as mixer. Just my 2 cents.
Good point. Maybe change it so that either you wager the entire amount, or have a profit of 10%+, or a loss of 20%+. Wouldn't be a smart idea of using your site as a mixer though, since you keep a history of all deposits/withdraws, and law enforcement could recognize it belongs to your wallet, contact you, and continue tracing it. Or, just charge a fee for withdraw (0.2 mBTC). IMO, most people won't deposit at bitdouble for mixing, as they aren't very trustworthy right now (sorry, but it's the truth), and they could just use primedice or some other site. LE can't do anything what are you even talking about ? It is not fair to expect you to wage through everything like the first comment said about if you win 0.5btc with 1 btc and want to stop now you could be forced to lose since you need to wage the other 0.5btc but you could wage it small amount at a time and pretty much not win anything but not lose either but making lots of bets and winning then losing again and repeating till you done. You shouldn't lose anything that way.
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Barcode_
Staff
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Join the world-leading crypto sportsbook NOW!
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September 24, 2016, 06:22:13 PM |
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Other way to set a condition for withdrawal is to wager x1 the amount players deposit, and not the profit x1 condition to be met, because most of the players will deposit 1000 mBTC but their goal might be winning 200 mBTC to 500 mBTC and they will withdraw and play another day.
If the site requires them to wager to profit x1 before they are allowed to withdraw, it is not good for the site in long term.
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DarkStar_
Legendary
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Activity: 2772
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September 24, 2016, 06:34:34 PM |
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Other way to set a condition for withdrawal is to wager x1 the amount players deposit, and not the profit x1 condition to be met, because most of the players will deposit 1000 mBTC but their goal might be winning 200 mBTC to 500 mBTC and they will withdraw and play another day.
If the site requires them to wager to profit x1 before they are allowed to withdraw, it is not good for the site in long term.
It is deposit x1, not profit. IMHO, it is not just about how many will be played from what we have deposited. Lets say I deposit 1BTC, play some rolls and I win 0.5btc but I have not wager 1BTC yet. In this condition I want to withdraw the whole amount because I have reached my goal but I cant withdraw it all. It means that the site force me to play more, and I can lose what I have won before. Of course I have also the chance to win more but I wont take the risk because I have reached my goal. Is it good for you if you are in that condition? I think they should do another thing to avoid their players use their site as mixer. Just my 2 cents.
Good point. Maybe change it so that either you wager the entire amount, or have a profit of 10%+, or a loss of 20%+. Wouldn't be a smart idea of using your site as a mixer though, since you keep a history of all deposits/withdraws, and law enforcement could recognize it belongs to your wallet, contact you, and continue tracing it. Or, just charge a fee for withdraw (0.2 mBTC). IMO, most people won't deposit at bitdouble for mixing, as they aren't very trustworthy right now (sorry, but it's the truth), and they could just use primedice or some other site. LE can't do anything what are you even talking about ? It is not fair to expect you to wage through everything like the first comment said about if you win 0.5btc with 1 btc and want to stop now you could be forced to lose since you need to wage the other 0.5btc but you could wage it small amount at a time and pretty much not win anything but not lose either but making lots of bets and winning then losing again and repeating till you done. You shouldn't lose anything that way. Who/what is LE? My solution would fix this, mostly - 10% profit from your existing capital isn't a extremely hard to reach amount, and if you win 0.5 BTC, that would be 10%+ profit and therefore you can cashout.
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taking a break - expect delayed responses
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Bestwishes745
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September 24, 2016, 09:19:02 PM |
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Congratulation for your launch. I visited there and the site looks much attractive . The game is much better I like that type of games to participate with. But the withdrawal amount is much higher. Try to reduce that if possible.
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pvaspecialist
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September 27, 2016, 11:19:04 AM |
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Just signup and got my free bonus.Nice game feeling like am in casino.still playing and let see when I will reach the withdraw amount.withdraw amount little bit higher.Hope it will be decreased.thanks Bitdouble
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panjul07
Legendary
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Activity: 3654
Merit: 1369
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September 27, 2016, 12:59:52 PM |
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Other way to set a condition for withdrawal is to wager x1 the amount players deposit, and not the profit x1 condition to be met, because most of the players will deposit 1000 mBTC but their goal might be winning 200 mBTC to 500 mBTC and they will withdraw and play another day.
If the site requires them to wager to profit x1 before they are allowed to withdraw, it is not good for the site in long term.
Thats the recent term on their deposit which I have posted before, in this case I would prefer to avoid any sites with x1 wager requirement of players deposit. It is OK to wager if they add deposit bonus, but it is strange if we have to wager x1 for a pure deposit without bonus. Whatever the reasons, it should be removed imho. Otherwise, people will think twice to deposit and play on this site.
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joksim299
Legendary
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September 27, 2016, 01:24:14 PM |
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Other way to set a condition for withdrawal is to wager x1 the amount players deposit, and not the profit x1 condition to be met, because most of the players will deposit 1000 mBTC but their goal might be winning 200 mBTC to 500 mBTC and they will withdraw and play another day.
If the site requires them to wager to profit x1 before they are allowed to withdraw, it is not good for the site in long term.
Thats the recent term on their deposit which I have posted before, in this case I would prefer to avoid any sites with x1 wager requirement of players deposit. It is OK to wager if they add deposit bonus, but it is strange if we have to wager x1 for a pure deposit without bonus. Whatever the reasons, it should be removed imho. Otherwise, people will think twice to deposit and play on this site. Its annoying for many players. Adding wagering requirement to customer funds is not nice.
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rozee
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September 27, 2016, 01:31:36 PM |
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now minimum withdraw is 2.5 mbtc and faucet decreased to 0.025 mbtc good decision better deposit to play and earn some mbtc without wait the balance to 10 mbtc 2.5 mbtc is easy to reach, enjoy the game
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rAISellers
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September 27, 2016, 01:36:48 PM |
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now minimum withdraw is 2.5 mbtc and faucet decreased to 0.025 mbtc good decision better deposit to play and earn some mbtc without wait the balance to 10 mbtc 2.5 mbtc is easy to reach, enjoy the game does someone withdraw less than 10 mBTC from a gambling site anyway? and you still need to rollover the deposit regardless of the amount 1 time...
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panjul07
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September 27, 2016, 01:38:08 PM |
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now minimum withdraw is 2.5 mbtc and faucet decreased to 0.025 mbtc good decision better deposit to play and earn some mbtc without wait the balance to 10 mbtc 2.5 mbtc is easy to reach, enjoy the game Read previous post before you decide to deposit (if you do really want to deposit) Indeed the minimum withdraw has just been reduced, but the issue on the wagering requirement is not resolved yet. I would like to see the owner to say something about this. And what do you mean 2.5mbtc is easy to rich? If you make a bigger amount than 2.5mbtc then yes it will be easy to reach, but whats the point to reach 2.5mbtc?
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hopenotlate
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Top Crypto Casino
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September 27, 2016, 02:48:37 PM |
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So if you guys would own a restaurant would you allow people to enter youtr restaurant and sit at tables just to read their newspapers?
Or would you allow your customers to read their newspaper at your tables only if they at least order something?
Please answer genuinely to this question and then make a parallel with the deposit-wagering rule (not profit wagering as someone erroneously wrote).
I guess that would be an open discussion about the minimum meal your customers should eat but I am quite sure everyone of you would find reasonable the obligation to eat.
Isn't it?
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panjul07
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September 27, 2016, 03:21:14 PM |
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So if you guys would own a restaurant would you allow people to enter youtr restaurant and sit at tables just to read their newspapers?
Or would you allow your customers to read their newspaper at your tables only if they at least order something?
Please answer genuinely to this question and then make a parallel with the deposit-wagering rule (not profit wagering as someone erroneously wrote).
I guess that would be an open discussion about the minimum meal your customers should eat but I am quite sure everyone of you would find reasonable the obligation to eat.
Isn't it?
Here I ask if someone have wagered some amount of his deposit and won some amount and want to withdraw. But he cant withdraw because he do not meet the wagering requirement. In this case he was not only "read the newspaper" but he bought some foods/drinks already because he has risked his deposited money Anyway, it is not a good comparison between gambler and customer of a restaurant IMHO. Different situation and feeling of risking something, in gambling players may lose all his money without getting something back as a return but a customer of restaurant may spend/lose all their money but he will be full of food. Of course we have our own opinion which might be different, but for me this kind of rules/terms is not fair for the player who played.
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yahoo62278
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Contact @yahoo62278 on telegram for marketing
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September 27, 2016, 08:27:03 PM |
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Hey everyone, im the community manager for BitDouble and ill try and answer any questions or concerns you might have.
Yes the min withdrawal has been lowered as you read from 1 of the BitDouble mods rozee. There is a few mods if anyone needs to know. Jamalaezaz, rozee, th3nolo, Barcode, pvaspecialist, and milewilda. If anyone has any questions feel free to ask them in chat if im not available and theyll try to help you.
Panjul ill see what i can do about the deposit rule. I certainly see your point but as hopenotlate has stated, put yourself in the owners shoes. If anyone has any other questions feel free to ask here or in the BitDouble chat. Take care everyone and hope we see you soon.
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klarki
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Top Crypto Casino
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September 28, 2016, 12:43:02 AM |
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The site is unavailable, the error is: Unavailable 451
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maku
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Merit: 1000
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September 28, 2016, 12:50:48 AM |
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The site is unavailable, the error is: Unavailable 451 This problem is on your end only or was already fixed. Because Bitdouble.io appears to be functioning fine - I am testing the site now. Try to reset your browser, use different one, clear cache - usual things you want to do when you encounter a broken site.
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