✨ BITCASINO - Elevate Your Gameplay 💎 #1 VIP Crypto Casino ✈️

[OcTradism]

What is the chance of Bitcasino.io changing the deposit and withdrawal system for Bitcoin to allow for Bitcoin deposits to reflect immediately, before even 1 confirmation is received?

Do you mean Pending? Without one confirmation, transaction has not yet been confirmed on the network so it will likely never be confirmed. Pending status with hash of waiting transaction is fine. When one confirmation appears, amount will be credited to account.

Problems come from Bitcoin network and the sender sides so casino can and should not take all risks on their sides. If they take risks and if something goes wrong with one transaction, block account can cause support ticket, complaint, drama. It is not needed and casino won't want to create problems from their easier policy. It is unfair for casino.

I have never seen a company or a service that accepts zero confirmation transactions. Do I miss something?

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[Kakmakr]

What is the chance of Bitcasino.io changing the deposit and withdrawal system for Bitcoin to allow for Bitcoin deposits to reflect immediately, before even 1 confirmation is received?

Do you mean Pending? Without one confirmation, transaction has not yet been confirmed on the network so it will likely never be confirmed. Pending status with hash of waiting transaction is fine. When one confirmation appears, amount will be credited to account.

Problems come from Bitcoin network and the sender sides so casino can and should not take all risks on their sides. If they take risks and if something goes wrong with one transaction, block account can cause support ticket, complaint, drama. It is not needed and casino won't want to create problems from their easier policy. It is unfair for casino.

I have never seen a company or a service that accepts zero confirmation transactions. Do I miss something?

No, I am saying ZERO confirmations for a reason, because getting even 1 confirmation with too low fees, might take a few hours in some instances. There is also ZERO risk for the casino, because they will disable the withdrawal option, until 1 confirmation is received from that deposit.  

Also, some casinos are already offering instant deposits, like this one <== https://bitcointalk.org/index.php?topic=5269107.msg55003372#msg55003372  -- BitDubl.com only gives you access to the withdrawal option, when your transaction received 3 confirmations.  

They can also experiment with this by introducing "Instant Deposits" on small amounts... like say every deposit below $200 

[ralle14]

They can also experiment with this by introducing "Instant Deposits" on small amounts... like say every deposit below $200 

I think they could implement it if they want to since they already did it with their sportsbook (sportsbet). And I agree there's not much risk because they already have a solution to this, on sportsbet if you try to abuse their instant deposit your account will instantly get locked but they'll give it back once they're done investigating.

I have never seen a company or a service that accepts zero confirmation transactions. Do I miss something?

In addition to Kakmakr mentioned there's also Stake, Bustadice and BVC some of them only allow instant deposits if the transaction uses a very high fee.

[glowing10]

I am excited and awaiting the VR casinos game which is so cool and will be fun to watch out as well. Perfect that you have put out some of the best casinos videos games in the blogs and will try that out and hopefully will be lucky enough to win some exciting prizes too. Keep going and keep entertaining us through new features.

[OcTradism]

In addition to Kakmakr mentioned there's also Stake, Bustadice and BVC some of them only allow instant deposits if the transaction uses a very high fee.

Unconfirmed transactions with very high fees. It is an important contributor and I agree.

For unconfirmed transactions with low or too low fee, there are risks for casino and if you say risk is zero if casino does not allow withdrawal till at least 1 confirmation appear I think there is another thing to consider. Make a too low fee deposit that takes too long to be confirmed or never, and use it to gamble free on casino. I know if fee is not lower than 1 sat/byte it can be confirmed and almost never won't be confirmed.

[mu_enrico]

There is also ZERO risk for the casino, because they will disable the withdrawal option, until 1 confirmation is received from that deposit. 

There are lots of risk mate because dishonest gamblers can do RBF if lose and let it through if win. They can just create multiple accounts, use a mixer, and abuse it all day long.
I think one confirmation is still tolerable, and users can use XRP or other instant altcoins if they are in a hurry.

[DeathAngel]

Fees are high atm because the mempool is full, bitcasino just like other casinos can’t risk 0 confirmation deposits to play. People try double spending & all sorts of nonsense to try & cheat the system. Just make sure you send money with a suitable fee. You can always use one of the many free transaction accelerators if you send one too low. Just always check what the required fee is to get a suitably quick confirmation at the time.

[Furious 7]

This is very helpful in introducing the latest features that continue to be guided through the Bitcasino blog. I'm sure people didn't know that they would know better if they saw the blog and the events that have been held to enliven bitcoin price predictions with euros I am very enthusiastic to see the continued development of bitcasino.

I am excited and awaiting the VR casinos game which is so cool and will be fun to watch out as well. Perfect that you have put out some of the best casinos videos games in the blogs and will try that out and hopefully will be lucky enough to win some exciting prizes too. Keep going and keep entertaining us through new features.

Is this really going to happen? hmm its like fun VR in a bitcasino game.

[arwin100]

There is also ZERO risk for the casino, because they will disable the withdrawal option, until 1 confirmation is received from that deposit.  

There are lots of risk mate because dishonest gamblers can do RBF if lose and let it through if win. They can just create multiple accounts, use a mixer, and abuse it all day long.
I think one confirmation is still tolerable, and users can use XRP or other instant altcoins if they are in a hurry.

XRP is the quickest option for gamblers to select if they really want to fasten up their transaction as well it cost cheap so this is much advisable to the by the gambler who seeks convenience upon withdrawal.

But I really don't think creating multiple account can work right now, since for sure the house is fully aware of this scheme and they will bust out those abusers who use this kind of abuse.

[OcTradism]

You can see the Comparative table on fees among some coins. Pick up one for your need. to have overview on differences in transaction fees (at the time I published the thread). For current difference, you need to visit Blockchair.com's compare to get temp stats.

XRP no doubt has very fast speed and low fees. In my thread, people talk about potential attacks but bear in mind not keep all eggs in one bag, and not move all funds in one transaction, even with bitcoin. Hence, I thought people exaggerate the issue too much.

[Bitcasino.io Support]

What is the chance of Bitcasino.io changing the deposit and withdrawal system for Bitcoin to allow for Bitcoin deposits to reflect immediately, before even 1 confirmation is received?

I am saying deposit and withdrawal, because for this to work.. they also need to make changes to the withdrawal side... The only requirement for instant withdrawal, would be for your deposit to be confirmed at least say 7 times... before you can withdraw that amount from your balance.

So you basically cannot cheat the system, because if your deposit X amount of coins and you cannot withdraw that amount, if you tried to cheat the system, then you would not have gained anything.

I see some people complaining that their deposit is taking hours to confirm ....so they cannot gamble during that time.. which is unfair. If you won anything with that money.. over the amount you deposited.... then the casino can decide if they want to payout the money or if they are going to block the full amount.

Is this doable?

Hi Kakmakr,
 
Here’s how we have it in Bitcasino: you can make deposits and this will reflect in your balance before confirmations. You can play and make bets before the deposit is confirmed. However, you can’t withdraw money before at least 3 confirmations to your initial deposit.
 
 
Cheers,
Karl
Bitcasino.io

[Bitcasino.io Support]

Hey guys

At the recent EGR Marketing & Innovation Awards 2020 we won 2 awards:
* CRM campaign for our spooky Bitcoin predictor
* Social marketing campaign for our Team Trees campaign

To celebrate our double win, we’re running another edition of BITCOIN PREDICTOR.

So all you need to do is to predict the Bitcoin price on September 3, 2020, at 12:00 GMT.
The closest predictor wins 512 mBTC! There are also prices for 9 runner-ups.

How does it work:

* Wager 20 mBTC on any game to earn 1 vote.
* Get up to 15 votes per day.
* Predict the Bitcoin price on September 3, 2020 at 12:00 GMT.
* Votes can be earned and entered from August 17 until August 30.

Log into your account to see full campaign details.




PS. We also started a Bitcoin prediction challenge here in the forum!
Winner will get 0.015 BTC. Participate HERE.


Good luck
Karl
Bitcasino.io

Hi guys

Just a quick reminder to make your Bitcoin price predictions.

Wager 20 mBTC > get 1 vote > make 1 prediction > win up to 512 mBTC
So, what do you think — will the price rise?

PS. Don’t forget our Casino Boost this Sunday where you can win an additional 15% on all your winnings. Read more HERE.



Have a great weekend
Karl
Bitcasino.io

[Furious 7]

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Hi guys

Just a quick reminder to make your Bitcoin price predictions.

Wager 20 mBTC > get 1 vote > make 1 prediction > win up to 512 mBTC
So, what do you think — will the price rise?

PS. Don’t forget our Casino Boost this Sunday where you can win an additional 15% on all your winnings. Read more HERE.



Have a great weekend
Karl
Bitcasino.io

Good news continues to be published on the bitcasino blog and this thread foum of course I follow it all the time so as not to miss more important information shared by Bitcasino, such as guessing the prediction of bitcoin prices with euros and I will spread the news on social media so that more people know about what bitcasino is and introduce more widely.

I hope that many who participate in the event that is being held for this bitcoin price prediction will be one of the bigger promotions.

[Bitcasino.io Support]

Hi guys, how are you doing?

Today I would like to share with you some tips. As we all know, there are thousands of online casinos on the Internet.
How do you know which of them are safe and trustworthy?

We have put together a blog article of what you should know to determine the legitimacy of online casino sites.

Click here & find out: Are online casinos safe?

Cheers
Karl
Bitcasino.io

[Taskford]

Hi guys, how are you doing?

Today I would like to share with you some tips. As we all know, there are thousands of online casinos on the Internet.
How do you know which of them are safe and trustworthy?

We have put together a blog article of what you should know to determine the legitimacy of online casino sites.

Click here & find out: Are online casinos safe?

Cheers
Karl
Bitcasino.io

Great article Karl, will surely read this. This is informative guide people especially new to the scene who's seeking some trusted and convenient casinos to play on. I'm sure there are newbies out there seeking some good information to validate on which site are good and bad.

Anyways thank you and goodluck to all.

[bakasabo]

Received my 50 free spin bonus from Rock out with Bitcasino and get wild presents! contest.

Got free spins in Burning Flame slots. The game looks decent. Noticed, that the winning sound (cashout) has similar sound of when you sell something in Fallout 4 game   Reminded me good memories when I had more free time and can play video games.

Question to game developer (maybe this could be asked through bitcasino support) - why while playing game (Free spins) "Paytable" and "Autoplay" buttons in unavailable (cant click on them)?

[Pmalek]

Question to game developer (maybe this could be asked through bitcasino support) - why while playing game (Free spins) "Paytable" and "Autoplay" buttons in unavailable (cant click on them)?

When you are in bonus rounds and free spins, the game is already in Autoplay mode, is it not? if you receive 10 free spins, you don't have to manually click on the spin button, the game will do it automatically until the bonus games have been played out.

I assume that is the same reason you can't click on the Paytable or the Settings buttons either. So that you don't interrupt the flow of the game.
Whatever the reason is, a casino can't change the way the game is played. You would have to contact the game developers who created that slot for more information. 

[Bitcasino.io Support]

Received my 50 free spin bonus from Rock out with Bitcasino and get wild presents! contest.

Got free spins in Burning Flame slots. The game looks decent. Noticed, that the winning sound (cashout) has similar sound of when you sell something in Fallout 4 game   Reminded me good memories when I had more free time and can play video games.

Question to game developer (maybe this could be asked through bitcasino support) - why while playing game (Free spins) "Paytable" and "Autoplay" buttons in unavailable (cant click on them)?

Hi bakasabo,

GameArt has restricted many functions while playing with free spins. I tried out myself and seems when you activate first free spin, the Settings and Paytable does become clickable again. Bet per line and Autoplay still disabled, however. It seems when you open the game with an active Free Spin reward, it will always block the Paytable and Settings until you make at least 1 spin.

Cheers,
Karl
Bitcasino.io

[bitcoinisbest]

Hi guys, how are you doing?

Today I would like to share with you some tips. As we all know, there are thousands of online casinos on the Internet.
How do you know which of them are safe and trustworthy?

We have put together a blog article of what you should know to determine the legitimacy of online casino sites.

Click here & find out: Are online casinos safe?

Cheers
Karl
Bitcasino.io

Fantastic article and good that along with the new promotions you are also guiding the users with the safety measure as how to judge the online gambling site is safe for them or not. It’s like enhancing the knowledge with the right medium and ensuring that people do not fall in trap of the scam sites.
Your blog covers quite a few good articles.

[OcTradism]

Today I would like to share with you some tips. As we all know, there are thousands of online casinos on the Internet.
How do you know which of them are safe and trustworthy?

We have put together a blog article of what you should know to determine the legitimacy of online casino sites.

Click here & find out: Are online casinos safe?

There are two sides involve in one platform, casino in this context: The casino and the customer.

On the one hand, casino has to build up their strong security to protect their database and customer's data includes email, password, 2FA, log-in IPs.

On the other hand, customer has to protect their privacy and security: They must set up their strong passwords, activate 2FA and avoid SMS code (sim swap attacks). Backup 2FA codes. Outside casino, they have to secure the email they used to register accounts on casino. Don't disclose that I am playing on casino A, B, C. Don't arbitrarily submit KYCs on any newborn platforms and don't resue same password on different platforms, casinos.

Combine together, security and privacy will be better protected.

Good topics on security and privacy