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Author Topic: has any casino ever been hacked losing a lot of money?  (Read 1491 times)
RoommateAgreement (OP)
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January 21, 2017, 05:07:13 AM
 #1

i was talking to someone about bitcoin the other day, introducing him to bitcoin and also talking about what trading is and where he can do it.

then when i was talking about risks of keeping his bitcoin on exchange wallet and how many of them were hacked i was thinking that gambling sites are similar to an exchange, they are handling bitcoin (it may not be as large as an exchange but it is still big) and they have hot wallets.

so have any of them been hacked as exchanges were hacked?

if you are mentioning any here please add bitcoin price of that time or give a date so we can see how much money it was lost.

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January 21, 2017, 05:47:01 AM
 #2

There was some news in the past that certain investors losses their money in gambling sites because it was hack, so it is true that gambling sites can be hack. If big exchanges can be hack and they have more advance security, how much more an online gambling sites?

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January 21, 2017, 06:04:19 AM
 #3

Casinos or online gambling sites as far as I know has their own software of keeping their sites secure, saying that, they sure has an advanced technology on securing their own sites. Try to search google if there are hacked casinos sites, there are many, and there are still trying to do so thats why they are really trying their hard making their sites secured. But as far as I know, hacking a casino or a gambling site happened a while ago and no news of new sites being hacked, trust them.

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January 21, 2017, 06:17:15 AM
 #4

This is always an on going process in btc casino. Hackers try to hack the casino while the owners try to up the security so the hacker cant hack it. Even popular exchange or btc casino also fail victim to these attacks so there is no perm status as unhackable. Betking and primedice are great example of such.
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January 21, 2017, 06:40:02 AM
 #5

Even big exchanges like bitfinex has been hacked even though they have lot of security, i hear that some people complaining about their hacking money in casino sites. But i hear that they din't lost much money in their when it was hacked.

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January 21, 2017, 06:47:36 AM
 #6

The title is kinda misleading you're asking a question where has any casino have been hacked but in your post you mention about exchanges being hacked too. I can mention some casinos and exchange that were hacked like shapeshift.io(reference), primedice.com (reference). The amount of money lost are already mentioned in the references provided.

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January 21, 2017, 07:27:06 AM
 #7

Magicdice was literally hacked by one of its developers for his gambling benefits (one of the dev was gambling there with alt account by knowing the upcoming seeds). Fortunately he was caught just before situation getting worst like not affecting other gamblers who were holding funds within them.

Here is the reference : https://bitcointalk.org/index.php?topic=1167828.msg13129468#msg13129468
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January 21, 2017, 07:29:18 AM
 #8

In online casino i know there suffering some attacks sometimes but in real life casino i don't know if they can hack or tricked them by using cheat or doubl card etc like on movies or some magical trick that they can use inside the casino, But if online casino will hack maybe its all fault by the owner because of its codes.

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January 21, 2017, 10:12:11 AM
 #9

There was some news in the past that certain investors losses their money in gambling sites because it was hack, so it is true that gambling sites can be hack. If big exchanges can be hack and they have more advance security, how much more an online gambling sites?


From what I know, Anything with less security are easily hacked. Exchange sites & gambling sites that were poorly coded has a lot of flaws and backdoors that get them hacked. But The user can take security into his/her own hands by adding 2FA security (If the website supports it) and using a strong password is also recommended.

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January 21, 2017, 10:59:59 AM
 #10

There was some news in the past that certain investors losses their money in gambling sites because it was hack, so it is true that gambling sites can be hack. If big exchanges can be hack and they have more advance security, how much more an online gambling sites?

If I'm not wrong most of the gambling sites will save all their money in the cold wallet and only keep some money in a hot wallet to handle instant withdrawal facilities. If most of the coins are saved in cold wallets which are not disclosed to the public then quite difficult to hack the accounts. But is exposed to the public then it is riskier.
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January 21, 2017, 11:07:53 AM
 #11

i was talking to someone about bitcoin the other day, introducing him to bitcoin and also talking about what trading is and where he can do it.

then when i was talking about risks of keeping his bitcoin on exchange wallet and how many of them were hacked i was thinking that gambling sites are similar to an exchange, they are handling bitcoin (it may not be as large as an exchange but it is still big) and they have hot wallets.

so have any of them been hacked as exchanges were hacked?

if you are mentioning any here please add bitcoin price of that time or give a date so we can see how much money it was lost.

Yes basically keeping coins from a gambling site is no different when storing on any bitcoin exchanges. Possibility of hack have high chance since it's easy to say for owners that their security have been breached like the mostly reason/s we are seeing when a certain bitcoin exchange have been down.

That's why there's a gambling site here that gained so much users since no wallet is involved but rather instant payout once they win. The only risk is , if they will pay right after. I will not mentioned site to avoid advertisement.

Right haven't seen specifically what bitcoin gambling site turned to a fraud right now based on my own gambling experience but I have of heard it many times while lurking on this forum.
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January 21, 2017, 11:39:23 AM
 #12

The security of casino is pretty strong I never heard any of casino sites being hacked yet, and actually bitcoin wallet protection for casino is very strong, most of the time people got hacked because of their own mistake and casino is not the main target of hacker, because there is big chance most of people not keep their coin in the casino wallet


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January 21, 2017, 11:57:48 AM
 #13

Yeah Gambling sites are similar to wallet exchanges anything is risky we don't know if that exchanges will hacked .As they said No System is Safe i believe on that anything will be possible but as gambling they are the most prone to attacks because it is more on several people who monitors on the site and the bitcoins is live on the site unlike as i think That wallet exchanges is more secure .So dont put all your eggs in one exchanges and in one wallet scattered your bitcoins.Its the better way.
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January 21, 2017, 12:50:53 PM
 #14

To find out how secure the casinos are, you just have to go to the nearest casino, I see the probability of hacking as percantage 0.

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January 21, 2017, 01:00:33 PM
 #15

To find out how secure the casinos are, you just have to go to the nearest casino, I see the probability of hacking as percantage 0.

Here people are talking about online casinos, not the real casinos. In online casinos many expert hackers are around, they can do any kind of hacking. Many big companies are spending a lot of money for security purpose but small casinos I don't think they will spend so much money security. It is always a risk so should be careful.
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January 21, 2017, 01:07:16 PM
 #16

There was some news in the past that certain investors losses their money in gambling sites because it was hack, so it is true that gambling sites can be hack. If big exchanges can be hack and they have more advance security, how much more an online gambling sites?
This is what on my mind too on which even those exchanges do have high security in terms on the funds on their site but still they are prone on hacks or losing funds which is really possible on casinos too but for now I don't know any casinos which have been hacked before and maybe there are really casinos that is being hacked that ive have been missed to hear or saw.

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January 21, 2017, 01:37:38 PM
 #17

This was not a hack but a mistake, in the just-dice site back in 2013 which was a competitor to satoshidice (still it was early day in gambling and not many competitors)

Anyway, this dude got like 1300 BTC stolen from the site...

http://www.coindesk.com/bitcoin-gambler-cheats-satoshidice-competitor-just-dice-out-of-1300-btc/

But turns out those weren't real BTCs.

I dont remember any other big problems in casinos.
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January 21, 2017, 03:09:34 PM
 #18

There was some news in the past that certain investors losses their money in gambling sites because it was hack, so it is true that gambling sites can be hack. If big exchanges can be hack and they have more advance security, how much more an online gambling sites?

these days hacking is not just about security because many of the hacks that happened to the exchanges were either inside jobs, than an employee of the exchange did rob them or it was a sham, which means there was no hack ever, and the exchange owner scammed everyone and ran away with their money.

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January 22, 2017, 03:33:17 PM
 #19

There was some news in the past that certain investors losses their money in gambling sites because it was hack, so it is true that gambling sites can be hack. If big exchanges can be hack and they have more advance security, how much more an online gambling sites?

these days hacking is not just about security because many of the hacks that happened to the exchanges were either inside jobs, than an employee of the exchange did rob them or it was a sham, which means there was no hack ever, and the exchange owner scammed everyone and ran away with their money.

The biggest hacks of all time that happen in both exchanges and casinos are nothing but inside jobs. Remember MtGox, Cryptsy, Mintpal, Bitfinex... list goes on all day. All of those were inside jobs where people inside the system had access to it. Most hacks happen because of that, not because someone finds out an exploit.
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January 22, 2017, 03:53:51 PM
 #20

i dont think this happen before. well we all know that security is just an illusion but then again when it comes on money i dont think they're restoring their money on their site. i think theres a wallet of bitcoins who holds their funds so i dont think there some issue regarding this. so i think theres no casino have been hacked and loosed a lot of money.
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