ᴥᵜᴥ Oshi.io .ᴥᵜᴥ. A different online casino! .ᴥᵜᴥ. Choose your own bonus ᴥᵜᴥ

[BTCevo]

every casino that is offering a deposit bonus is scamming you

stay away from that crap

First thing, this is a good method for people to attract people coming to their site so I do not think that it is really that bad. The second thing, you are wrong on this because they do not scam you guys, for example they just manipulate some ToS that will confuse you so by some little mistake they will somehow confiscated your money

[game-protect]

Direx N.V. is licensed and regulated by Antillephone N.V.

How does Antillephone N.V. regulate Direx N.V.?

Do they regulate Direx N.V. the same way like they regulated the Full Flush Poker scam who embezzled over $1 million?

Full Flush Poker Litigation 70:30 in process, join + claim your money!

[MinerHQ]

every casino that is offering a deposit bonus is scamming you

stay away from that crap

First thing, this is a good method for people to attract people coming to their site so I do not think that it is really that bad. The second thing, you are wrong on this because they do not scam you guys, for example they just manipulate some ToS that will confuse you so by some little mistake they will somehow confiscated your money

It is also not changing terms and conditions but their wagering requirements will be quite high and most of the users will lose their deposit before meeting those requirements. If you choose to play on a trusted sites then they will not cheat you. All these bonus terms we should read carefully before depositing money.

[OshiHugo]

every casino that is offering a deposit bonus is scamming you

stay away from that crap

First thing, this is a good method for people to attract people coming to their site so I do not think that it is really that bad. The second thing, you are wrong on this because they do not scam you guys, for example they just manipulate some ToS that will confuse you so by some little mistake they will somehow confiscated your money

It is also not changing terms and conditions but their wagering requirements will be quite high and most of the users will lose their deposit before meeting those requirements. If you choose to play on a trusted sites then they will not cheat you. All these bonus terms we should read carefully before depositing money.

Well, I couldn't agree more. There are tons of casinos with extreme wagering requirements and complicated T&C with many catches.

Luckily for you, Oshi.io Casino, as a well-known and trusted site, isn't one of those. Our standard wagering requirement is x40, which is kinda usual. And if you don't like these bonuses, you don't have to take them.
We are completely honest with you all - so our T&C for bonuses go in both legal and plain English. So not only that they are clear, they are also understandable for everyone. If you like, you can find them here.
Pretty fair, right?

Cheers,
Yours OshiHugo

[game-protect]

We are completely honest with you all - so our T&C for bonuses go in both legal and plain English.

But your statement that Direx N.V. is licensed and regulated by Antillephone N.V. is a blatant!

In addition, you avoid to answer my questions! But if you are such a honest and trusted casino as you claim, why not answer my questions?

In general, do you think that casinos with a fake license are trustworthy?

[OshiNick]

Direx N.V. is licensed and regulated by Antillephone N.V.

How does Antillephone N.V. regulate Direx N.V.?

Do they regulate Direx N.V. the same way like they regulated the Full Flush Poker scam who embezzled over $1 million?

Full Flush Poker Litigation 70:30 in process, join + claim your money!

Disclosure: I am founder and CEO of Oshi

I presume these are the questions you wanted answers on?

Question: Do they regulate Direx N.V. the same way like they regulated the Full Flush Poker scam who embezzled over $1 million?

Answer: I'm not going to give a simple answer because that wouldn't give the question justice... So please bear with me.
Crypto currency casinos by the nature allow for a degree of anonymity. If a casino is licensed in the UK or Malta for example there are stringent know your customer regulations that the operator must adhere to. If a player wants to be anonymous, then they should never register with a casino from a regulated jurisdiction such as the UK.
Curaçao is known for being a laissez-faire regulator. In other words they do get involved in player arbitration but the whole they keep a low profile. They do not have a substantial tax take as the more regulated jurisdictions do and so they put in a commensurate amount of effort to monitor brands using their licence.

In short that's why most crypto currency casinos are in fact on Curaçao licences. I.e. Curaçao are comfortable with the ambiguity of crypto casino. When/if Malta enacts more progressive legislation around crypto casino operators, you will see many of these brands migrate to Maltese licences. When that happens, who knows.

Therefore when you evaluate any crypto casino, you should do it through crowd sourced opinion. This is one of the reasons forums is like this, along with ask gamblers and a few other affiliate's who have decent bodies of crowd sourced opinion, are so important in this ecosystem. Through crowd sourced opinion, you can pretty balanced view of any operator.

As far as it goes with embezzlement and so on (referring to the poker case) , my advice is always; don't leave too much money in any casino account.

Question: (I'm paraphrasing this based on various questions on this thread around terms and conditions) why do casinos have predatory terms and conditions that no one reads or understands?

Answer simply its risk avoidance. Believe it not, any casino operator or any other operator is not really seen as a service provider, more as an adversary. In other words if you win, you win from the house. Also operators giveaway bonuses and bonuses are open to abuse. As an adversary, rather than a loved provider operators get a huge amount of bonus abuse which is why bonus terms and conditions are so onerous.
The exceptions are models like exchange betting and crypto dice games..

If operators are relatively unscrupulous, they let people fall into a trap, operators allow people to burn their cash and they want to cash out winnings, they cite terms and conditions. Think of the insurance sector, and labyrinthine terms and conditions

I don't like that kind of behaviour and that's why I spent a lot of money on reviewing our terms and conditions to make them as watertight, fair and understandable as possible. Obviously we have legal English which is critical, because allows us to concisely map out any given situation but, we also have plain English versions of each term or condition that make it much easier for people to understand what you're actually saying.

For example https://oshi.io/help/tcs and https://oshi.io/bonuses/tcs

example: Cashout fees and taxes are your responsibility.
4.0 (Plain English) If you win money on this Website and you cash it out, it is up to you to pay all fees and taxes within your own country.
4.0 (Legal English) The player is fully responsible for paying all fees and taxes applied to their winnings according to the laws of the jurisdiction of player's residence.


Money laundering and know your customer
I may have talked about this before, but it's worth repeating in any case. As a crypto casino, we want people to enjoy anonymity but we have to respect money-laundering legislation. That means when there are either big transactions coming in or big cash outs being generated and they trigger a 'flag' generated by our algorithms, we have to do a 'know your customer' check. If we find somebody is from a jurisdiction we cannot accept customers from, we will always return their deposit and withhold winnings. I don't know whether other brands will always return deposits or not, but we do.

The whole 'anti-money laundering/pseudo-anonymity/crypto) situation is a bit grey and I don't like it but it is the nature of crypto casino and we do our best to respect the law, along with any licensing obligations we are asked to meet.

I hope that helps and clears up any questions. I will be hanging out here bit more so please ask away and I will do my best to answer every question in my usual straightforward way.

Nick

[fauceting.com]

This is the worst Bitcoin casino ever.

I made a deposit of 0.23 BTC that I lose in slots.

Then few hours later I made a deposit of 0.297 BTC and I was able to recover my loses and have a final balance of 0.55 BTC

When I tried to withdraw, all where problems, first they asked for my ID, then they canceled the cashout. I contacted support, and the answer is that I am not able to play because of my nationality. So they tell me that they give me back my last deposit only (0.297 BTC).

This doesn't make any sense! If I am not able to play, they should refund my all my deposits (0.23 + 0.297). Even including the 0.15 BTC that I deposited and lost one year ago! Why they only return the last deposit?


Stay away from this scam!

[OshiNick]

This is the worst Bitcoin casino ever.

I made a deposit of 0.23 BTC that I lose in slots.

Then few hours later I made a deposit of 0.297 BTC and I was able to recover my loses and have a final balance of 0.55 BTC

When I tried to withdraw, all where problems, first they asked for my ID, then they canceled the cashout. I contacted support, and the answer is that I am not able to play because of my nationality. So they tell me that they give me back my last deposit only (0.297 BTC).

This doesn't make any sense! If I am not able to play, they should refund my all my deposits (0.23 + 0.297). Even including the 0.15 BTC that I deposited and lost one year ago! Why they only return the last deposit?


Stay away from this scam!

Nick Garner here (founder and CEO of Oshi)

I just want to reply to this accusation because the touches on some quite serious issues which we have to deal with on a daily basis.

If you've read any of my other posts, you'll notice a familiar theme which is around know your customer, gambling legislation and the pseudo-anonymity you get from Bitcoin gambling.

Repeating myself unfortunately, as you will know with Bitcoin, we will never know the true identity behind a transaction unless we go through some kind of know your customer process. Because of our license with Curacao we are able to accept customers paying with Bitcoin and more importantly for you, we don't have to go through an automatic verification process as we do with Fiat currencies. In turn this means individuals from territories who we cannot accept, can gamble on our website using Bitcoin without our knowledge.

As long as withdrawals are below a certain threshold as outlined by anti-money laundering legislation, typically somewhere around $1500 and above  - and... There's nothing suspicious about their account, these people could carry on gambling on Oshi indefinitely

In this case we've got somebody from Spain, a jurisdiction we don't accept customers from and because of our suspicions, we decided to verify this person. It turns out they cannot play on our casino.

Within our terms and conditions we have every right to just confiscate all winnings and withhold all deposits, a typical position taken by the vast majority of other Bitcoin casinos.

However, I don't like aggressive predatory behaviour and if we find somebody is from a banned jurisdiction, our typical approach is to withhold winnings and return the most recent deposit they placed . Reiterating, we don't have to do this, but it seems like a reasonable way to behave as an operator.

On the question of why we wouldn't return all deposits to customer, it's because we don't know if they're from a banned jurisdiction or not until we verify them. So therefore we assume we will pay if they win. In other words every deposit made represents a binding commitment to pay out unless terms and conditions are broken. In other words we transact with the customer in good faith, therefore why would we return all deposits from all-time?

Also worth saying that I suspect customers from banned jurisdictions probably know they can't gamble on sites like ours, but they do because they want to gamble and for them Oshi is a good choice. By returning their previous deposit, were saying we give them the benefit of the doubt and we want to close this relationship on the most positive basis we can.

I hope that all makes sense.

Nick

[Osarman]

This is the worst Bitcoin casino ever.

I made a deposit of 0.23 BTC that I lose in slots.

Then few hours later I made a deposit of 0.297 BTC and I was able to recover my loses and have a final balance of 0.55 BTC

When I tried to withdraw, all where problems, first they asked for my ID, then they canceled the cashout. I contacted support, and the answer is that I am not able to play because of my nationality. So they tell me that they give me back my last deposit only (0.297 BTC).

This doesn't make any sense! If I am not able to play, they should refund my all my deposits (0.23 + 0.297). Even including the 0.15 BTC that I deposited and lost one year ago! Why they only return the last deposit?


Stay away from this scam!

It is just some fake websites which is called scamming which is basically made for hacking purposes so we should avoid these types of websites because it is all about trust if you ever got dump by fake website then please do not blame bitcoin currency bitcoin is trusted and there a lot of websites which is also trusted so you can get review the every website on internet.

[OshiHugo]

Actually, Oshi.io casino is one of those trusted sites. I believe that Nick answered all the questions.

[game-protect]

@ OshiNick

I simply want to know how Antillephone N.V. regulates Direx N.V., but you did not answer specifically.

Curaçao is known for being a laissez-faire regulator.

Laisssez-faire = let you do what you want

-> does not sound like regulation!

In other words they do get involved in player arbitration but the whole they keep a low profile.

I have never heard that Antillephone N.V. was involved in a player arbitration! Can you give an example?

As far as it goes with embezzlement and so on (referring to the poker case) , my advice is always; don't leave too much money in any casino account.

Antillephone N.V. does not control anything in regards to account balances or money transfers?

-> does not sound like regulation

Your answers show that Antillephone N.V. does not regulate Direx N.V. anyhow, while it is stated on your website that you are regulated by Antillephone N.V.!

This is the criminal offense of Fraud by false representation!

[Apriand]

This is the worst Bitcoin casino ever.

I made a deposit of 0.23 BTC that I lose in slots.

Then few hours later I made a deposit of 0.297 BTC and I was able to recover my loses and have a final balance of 0.55 BTC

When I tried to withdraw, all where problems, first they asked for my ID, then they canceled the cashout. I contacted support, and the answer is that I am not able to play because of my nationality. So they tell me that they give me back my last deposit only (0.297 BTC).

This doesn't make any sense! If I am not able to play, they should refund my all my deposits (0.23 + 0.297). Even including the 0.15 BTC that I deposited and lost one year ago! Why they only return the last deposit?


Stay away from this scam!

Almost same here, today i've made deposit 0.0504 BTC lose in slot game then i made second deposit with 0.0503 BTC  and i can recover my lose. Then i'll made withdrawal 0.2 BTC, but an email coming ask to upload my ID, i wont do it because its only 0.2 BTC should not big amount for big site like oshi (although its big for me) and im playing this with bitcoin because bitcoin is anonymous.
Ive chatting with support team but their answer i must do that. until now my withdrawal still pending and i dont know will processed or not ( i hope it will, i'll update this post if my withdrawal processed)

Just suggestion, to ask ID should only happen for withdrawal with big amount like 10BTC or more and many small player like me will enjoy playing in this site.

[panjul07]

Almost same here, today i've made deposit 0.0504 BTC lose in slot game then i made second deposit with 0.0503 BTC  and i can recover my lose. Then i'll made withdrawal 0.2 BTC, but an email coming ask to upload my ID, i wont do it because its only 0.2 BTC should not big amount for big site like oshi (although its big for me) and im playing this with bitcoin because bitcoin is anonymous.
Ive chatting with support team but their answer i must do that. until now my withdrawal still pending and i dont know will processed or not ( i hope it will, i'll update this post if my withdrawal processed)

Just suggestion, to ask ID should only happen for withdrawal with big amount like 10BTC or more and many small player like me will enjoy playing in this site.

This is kinda annoying, being asked to verify personal ID just for 0.2btc is not acceptable in this bitcoin gambling industry. They says :

As long as withdrawals are below a certain threshold as outlined by anti-money laundering legislation, typically somewhere around $1500 and above  - and... There's nothing suspicious about their account, these people could carry on gambling on Oshi indefinitely

It is clear that your withdrawal is below $1500, so you should not be asked for ID verification unless they say that there is something suspicious with your account. Did they tell you the reason why they ask your ID?

[fauceting.com]

This is the worst Bitcoin casino ever.

I made a deposit of 0.23 BTC that I lose in slots.

Then few hours later I made a deposit of 0.297 BTC and I was able to recover my loses and have a final balance of 0.55 BTC

When I tried to withdraw, all where problems, first they asked for my ID, then they canceled the cashout. I contacted support, and the answer is that I am not able to play because of my nationality. So they tell me that they give me back my last deposit only (0.297 BTC).

This doesn't make any sense! If I am not able to play, they should refund my all my deposits (0.23 + 0.297). Even including the 0.15 BTC that I deposited and lost one year ago! Why they only return the last deposit?


Stay away from this scam!

Almost same here, today i've made deposit 0.0504 BTC lose in slot game then i made second deposit with 0.0503 BTC  and i can recover my lose. Then i'll made withdrawal 0.2 BTC, but an email coming ask to upload my ID, i wont do it because its only 0.2 BTC should not big amount for big site like oshi (although its big for me) and im playing this with bitcoin because bitcoin is anonymous.
Ive chatting with support team but their answer i must do that. until now my withdrawal still pending and i dont know will processed or not ( i hope it will, i'll update this post if my withdrawal processed)

Just suggestion, to ask ID should only happen for withdrawal with big amount like 10BTC or more and many small player like me will enjoy playing in this site.

So, it is confirming that it is not just one case! I recommend everybody not to play on this casino. There are many well managed gaming websites out there.

[Apriand]

Almost same here, today i've made deposit 0.0504 BTC lose in slot game then i made second deposit with 0.0503 BTC  and i can recover my lose. Then i'll made withdrawal 0.2 BTC, but an email coming ask to upload my ID, i wont do it because its only 0.2 BTC should not big amount for big site like oshi (although its big for me) and im playing this with bitcoin because bitcoin is anonymous.
Ive chatting with support team but their answer i must do that. until now my withdrawal still pending and i dont know will processed or not ( i hope it will, i'll update this post if my withdrawal processed)

Just suggestion, to ask ID should only happen for withdrawal with big amount like 10BTC or more and many small player like me will enjoy playing in this site.

This is kinda annoying, being asked to verify personal ID just for 0.2btc is not acceptable in this bitcoin gambling industry. They says :

As long as withdrawals are below a certain threshold as outlined by anti-money laundering legislation, typically somewhere around $1500 and above  - and... There's nothing suspicious about their account, these people could carry on gambling on Oshi indefinitely

It is clear that your withdrawal is below $1500, so you should not be asked for ID verification unless they say that there is something suspicious with your account. Did they tell you the reason why they ask your ID?

No, they didnt tell me everything why i must do that. Try to contact support but i get same answer must follow the instruction in email. And also they ask me to upload utility bills for the last six months to verify my account, i dont know why thats needed.

[OshiNick]

@ OshiNick

I simply want to know how Antillephone N.V. regulates Direx N.V., but you did not answer specifically.

Curaçao is known for being a laissez-faire regulator.

Laisssez-faire = let you do what you want

-> does not sound like regulation!

In other words they do get involved in player arbitration but the whole they keep a low profile.

I have never heard that Antillephone N.V. was involved in a player arbitration! Can you give an example?

As far as it goes with embezzlement and so on (referring to the poker case) , my advice is always; don't leave too much money in any casino account.

Antillephone N.V. does not control anything in regards to account balances or money transfers?

-> does not sound like regulation

Your answers show that Antillephone N.V. does not regulate Direx N.V. anyhow, while it is stated on your website that you are regulated by Antillephone N.V.!

This is the criminal offense of Fraud by false representation!

I'm not sure why there's so much hate and ridiculous speculation, but here are the facts.

Firstly, statements like this are nonsense: "This is the criminal offense of Fraud by false representation".
Were not licensed in the UK, we don't accept UK customers and any UKGC law is irrelevant us as a consequence.

Here's some information on Curaçao as a licensing jurisdiction: https://calvinayre.com/regulators/curacao/

We are a white label casino on the SoftSwiss network. All these casinos share the same underlying transactional platform as we do. The only main difference between us and the rest of them is that we have our own unique front end. Here's a list: https://www.askgamblers.com/software/softswiss/ and yes, you will see brands like Bitstarz and mBit.

All of these brands will say something similar to this: Oshi.io is owned and operated by Direx N.V., a company registered and established under the laws of Curacao and its wholly owned subsidiary, Direx Limited, registered address Stasinou 1, MITSI Building 1, 1st Floor, Flat/Office 4, Plateia Eleftherias, Nicosia, Cyprus. Direx N.V. is licensed and regulated by Antillephone N.V. Direx N.V.’s registration number is 131879 and its registered address is Wilhelminalaan 13, Willemstad, Curaçao.

Direx is the vehicle by which all of these casinos are registered and officially owned. If you're not familiar with white label casinos, the way it works is you have a single entity that handles the licensing and depending on corporate structures et cetera different entities will handle different parts of the infrastructure i.e. software development and so on.

Because of the legal structure, officially we are owned by Direx, but as a white label provider we have autonomy on things like marketing, design and user experience.

And that's it. There's nothing exciting here.

[OshiNick]

Almost same here, today i've made deposit 0.0504 BTC lose in slot game then i made second deposit with 0.0503 BTC  and i can recover my lose. Then i'll made withdrawal 0.2 BTC, but an email coming ask to upload my ID, i wont do it because its only 0.2 BTC should not big amount for big site like oshi (although its big for me) and im playing this with bitcoin because bitcoin is anonymous.
Ive chatting with support team but their answer i must do that. until now my withdrawal still pending and i dont know will processed or not ( i hope it will, i'll update this post if my withdrawal processed)

Just suggestion, to ask ID should only happen for withdrawal with big amount like 10BTC or more and many small player like me will enjoy playing in this site.

I'm not sure what happened there, but I will look into this and find out what's going on. This isn't a big withdrawal so I'm not sure why we would have asked for verification.

[OshiNick]

This is kinda annoying, being asked to verify personal ID just for 0.2btc is not acceptable in this bitcoin gambling industry. They says :

As long as withdrawals are below a certain threshold as outlined by anti-money laundering legislation, typically somewhere around $1500 and above  - and... There's nothing suspicious about their account, these people could carry on gambling on Oshi indefinitely

It is clear that your withdrawal is below $1500, so you should not be asked for ID verification unless they say that there is something suspicious with your account. Did they tell you the reason why they ask your ID?

Yes, I will look into this and find out what's going on

[joksim299]

This is kinda annoying, being asked to verify personal ID just for 0.2btc is not acceptable in this bitcoin gambling industry. They says :

As long as withdrawals are below a certain threshold as outlined by anti-money laundering legislation, typically somewhere around $1500 and above  - and... There's nothing suspicious about their account, these people could carry on gambling on Oshi indefinitely

It is clear that your withdrawal is below $1500, so you should not be asked for ID verification unless they say that there is something suspicious with your account. Did they tell you the reason why they ask your ID?

Yes, I will look into this and find out what's going on

There is one support agent who request ID on anything, while others process without asking for ID.
I was asked for ID on almost all withdrawals by the same agent while other agent say to cancel and request withdrawal again and it will be processed within few minutes.

[OshiNick]

There is one support agent who request ID on anything, while others process without asking for ID.
I was asked for ID on almost all withdrawals by the same agent while other agent say to cancel and request withdrawal again and it will be processed within few minutes.

For readers: I am founder and CEO of Oshi.
I'm not happy about these inconsistencies and I will be doing a complete review of cashout processes and various inconsistencies first thing next week. My view: people gamble at a casino because they trust it. If we are inconsistent, then how can people trust us? That's why I want to sort all of this out.