How I lost 200,000 EURO on Bitcasino.io

[Moonmanmun]

Sorry but I can hardly believe there would be someone who spent 200.000 on gambling and then casually posts in a forum like he has lost a pen.
But in case this is your real story, then you got to visit a doctor, you're seriously addicted.

He is rich and he is mad he didnt get the jackpot, so now he vents.  I would be mad also but would have took a different way to approach it.

Thanks for the advice. I don't want to sound like an asshole but I am playing for fun and obviously trying to hit a jackpot just to win some of the losses back. I have a large mining farm and I'm generating a good amount of btc per week.

OP said he is playing for fun, I wish I had such wealth as you

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[bones261]

     I am not certain that if a game is provable fair, that bitcasino can somehow manipulate the outcomes for you to lose. They must have their slots set up to payout the bigger jackpots very rarely. Also, 30 hands in a row in blackjack does seem rather irregular. However, it is not unheard of. You can expect that about 1 in 65 million times. (Assuming a 55% lose rate in blackjack) 200K euros is a lot of money. It is even a lot of money if you are a billionaire.
    @OP, I would not recommend that you chase your losses at bitcasino any longer. You may want to try a different venue, since clearly luck is not on your side at bitcasino.

Edit: It appears that you are expected to lose 52% of the hands that do not tie with blackjack, not 55%. So losing 30 hands in a row is actually more than one in 331 million. That is really unlucky.

[theskillzdatklls]

     I am not certain that if a game is provable fair, that bitcasino can somehow manipulate the outcomes for you to lose. They must have their slots set up to payout the bigger jackpots very rarely. Also, 30 hands in a row in blackjack does seem rather irregular. However, it is not unheard of. You can expect that about 1 in 65 million times. (Assuming a 55% lose rate in blackjack) 200K euros is a lot of money. It is even a lot of money if you are a billionaire.
    @OP, I would not recommend that you chase your losses at bitcasino any longer. You may want to try a different venue, since clearly luck is not on your side at bitcasino.

This is similar to what I just said earlier. Some casinos have what is a fake version of provably fair which I personally think of as complete fraud. The Bitcoin community needs to rally against these casinos. They claim a random spin is chosen of a few spins, of which that is provably fair. But they can choose what those initial spins are in theory in the first place to my knowledge and no one would be any the wiser (anyone feel free to falsify my claim as I am not an expert in licensed scammy casino products).

Let this simply be a lesson to everyone. Use completely provably fair technology. There are many fantastic operators out there offering stellar products. And many fake operators here on the board that do not. Call out the fake operators on their shenanigans and deposit your money at the casinos that do use the better technology.

As bones said, it sucks, but I think you really have to just move on and learn a lesson and hope other people learn from it as well.

[dark08]

What a huge lose dude you are addicted to this gambling site but sorry for your lose this ia normal in any gambling site luck and strategy is important to win in online casino alway remember that house edge higher so your chance to win is small its better to play only on trusted gambling site.

[suzanne5223]

OP, if you gamble on 10 different fair gambling site you will end up losing your money because you seems not to know or understand the basic rules every gamblers must follow in other to be profitable. However, your statement also proof you to be gambling to recover losses and you continue to gamble on a site you notice to be shady is something I don't believe.

[wontshrug]

so sick man

however, you'll never get unstuck if you quit now

when i used to play poker, i could never win on full tilt, so i took my action to pokerstars, party poker, 888 and winamax where I actually had a fair shot with their RNG, and got my money back with some profit

at the casino, there are just some blackjack dealers i cant win against, so i move tables to switch the luck

when i'm running bad in the crypto slots, i like to do the same and jump around between the options. i dont gamble nearly the amounts you do, but i've had some good luck and experiences with the provably fair slots at bitvest, crypto-games and more recently mintdice.

luck should work both ways and you don't need to lose every time in a fair system. gambling should be something fun that you can trust

[Flagship11]

I am not certain that if a game is provable fair, that bitcasino can somehow manipulate the outcomes for you to lose.

As far as I know, provably fair games cant be manipulated, sounds like he just has some bad luck

[btmarketmod]

Thanks for all the responses. I would just like to say that I do not have a gambling problem. I just can't see how one person can deposit 700k EURO in 4 months and not win a single jackpot when I'm continuously playing max bet. There are thousands of videos on the net of people winning 20k EURO+ on 2 dollar bets. I bet 100 EURO for 500 spins and win maximums of 20x in bonus games or nothing at all. Does this make sense to anyone? I keep depositing because I'm hoping to actually get lucky once.

I am playing high bets every single day on bitcasino and I never manage to win anything. I think I won 5000 EURO on a 40 euro bet this month on reactoonz after loosing 10k euro. So 50% of my cash back. I buy huge bonuses all the time like 3 x 1 BTC (14,000 USD at the time per btc) bonus buys on some of the highest RTP slots and I just get dead spins and no wins.

I simply feel that I'm being taking advantage of because I'm a "High roller" as they call me on bitcasino. My VIP points were at 20 million for 10 days before I asked them to remove my loyalty program because the bonuses were terrible. You lose 30k EURO and you get 10 free spins on one of their slots. Its a joke really.

Here are a few of the bonuses I've gotten on max bets: https://imgur.com/a/x62Kcce

Look how many high bet free spins pay 0. How is that in any way fair?

I'm betting 200 EURO, get 24 free spins and win 10% of my initial bet back. This game only gives 8 free spins when its triggered. So I re triggered the bonus twice within the bonus. Still only a 30 EURO win.

I am convinced that something is wrong on my account and that I am destined to lose on this site. Taking from me to pay everyone else is what it feels like.

[btmarketmod]

Sorry but I can hardly believe there would be someone who spent 200.000 on gambling and then casually posts in a forum like he has lost a pen.
But in case this is your real story, then you got to visit a doctor, you're seriously addicted.

Very true seems so difficult to believe that somebody actually played for so big amount and then create a new account and post it here . But lesson for all is that one should be always limited in capital while gambling so that you only lose what you can afford.

One of my BTC addresses: https://www.blockchain.com/btc/address/3422VtS7UtCvXYxoXMVp6eZupR252z85oC
One transaction ID to Bitcasino for 2 BTC: https://www.blockchain.com/btc/tx/27b4e5a84fadde597223b02073cbf43abb3694487adc465df6aab54e35263c97
Image confirming the deposit on bitcasino: https://imgur.com/a/tEuklcX

Another deposit of 4 BTC: https://www.blockchain.com/btc/tx/98e15e89c50cd4e3a8a3956b6deaffa91f2cbac49d432e0e4fd7295d046e1617
2.5 BTC: https://www.blockchain.com/btc/tx/27df80c10142a12d9a2ed523cb7f8dab6d360a0e56b42afc14f17b7833c6cf56
3.6 BTC: https://www.blockchain.com/btc/tx/7834fd03ef3163d02af837af3264eb53723960f4a90bf7a06bdc227378f016a6

I can assure you that the figures are real. You can verify them by looking at the first image on my original post. All deposits are listed there.

[killjohnloh]

Sorry but I can hardly believe there would be someone who spent 200.000 on gambling and then casually posts in a forum like he has lost a pen.
But in case this is your real story, then you got to visit a doctor, you're seriously addicted.

Very true seems so difficult to believe that somebody actually played for so big amount and then create a new account and post it here . But lesson for all is that one should be always limited in capital while gambling so that you only lose what you can afford.

One of my BTC addresses: https://www.blockchain.com/btc/address/3422VtS7UtCvXYxoXMVp6eZupR252z85oC
One transaction ID to Bitcasino for 2 BTC: https://www.blockchain.com/btc/tx/27b4e5a84fadde597223b02073cbf43abb3694487adc465df6aab54e35263c97
Image confirming the deposit on bitcasino: https://imgur.com/a/tEuklcX

Another deposit of 4 BTC: https://www.blockchain.com/btc/tx/98e15e89c50cd4e3a8a3956b6deaffa91f2cbac49d432e0e4fd7295d046e1617
2.5 BTC: https://www.blockchain.com/btc/tx/27df80c10142a12d9a2ed523cb7f8dab6d360a0e56b42afc14f17b7833c6cf56
3.6 BTC: https://www.blockchain.com/btc/tx/7834fd03ef3163d02af837af3264eb53723960f4a90bf7a06bdc227378f016a6

I can assure you that the figures are real. You can verify them by looking at the first image on my original post. All deposits are listed there.

  sometime after losing so many time really wanting to win it back and hope to strike a big win. But most of the time it is very difficult to win it back.

[Haunebu]

Damn. I think that this is the first time I am noticing a high roller post about his/her losses in such a simple manner in this forum. That is big money for many people including me and you have nerves of steel to wager that kind of money(If true).

However, why in the world would you choose slots where the house edge is much higher when compared to a game like Blackjack or Baccarat? Weird.

[rosezionjohn]

That's a lot of money spent on gambling and I'm even more amazed that you are only doing it for fun  
I don't know if you have that "never give up" mentality but I don't think that really works on gambling.

I have a large mining farm and I'm generating a good amount of btc per week. But 90% of it gets dumped into bitcasino because I feel that my luck should change every week haha.

Seriously, you can limit it to 50% instead of throwing 90% of your mined btc.

[nexus48]

I played on Bitcasino.io and I told myself never more. I didn't play with that huge amount I am not that rich but I have seen that they are not that fair casino. Support is so rough and they do not respect players and yeah they do not know what wager is lol. I remember they told me I need to lose my coins to get a bonus. Games start to crash when you start winning and you have to reload the page. I do not trust this casino. I am sorry for your losses that is not a small amount.

[babo]

I played on Bitcasino.io and I told myself never more. I didn't play with that huge amount I am not that rich but I have seen that they are not that fair casino. Support is so rough and they do not respect players and yeah they do not know what wager is lol. I remember they told me I need to lose my coins to get a bonus. Games start to crash when you start winning and you have to reload the page. I do not trust this casino. I am sorry for your losses that is not a small amount.

Every casino have house fee, is normal.
If you play for fun, fix max for week. Example 100bucks.
If you play for become rich, please.. not play anymore

[Ranly123]

Hey guys

First post here. I just wanted to upload a video of a recent game I had on bitcasino.io showing that I played around 700 spins and got a bonus twice only with wins not exceeding 40x. This happens to me on all their games even when betting 100 EURO per spin. Is this normal? Should one lose 200,000 EURO on a site before you actually get paid something?

I understand this is normal in some cases but I have lost around 200,000 EURO on bitcasino in just 3 months. I haven't won a single jackpot even when playing 100 EURO bets. I have had one losing session of 38,000 EURO on reactoonz betting 100 EURO in just a few minutes. Another session I lost 60k EURO on a single game.

They keep telling me their games are regulated and everything about the plays are 100% normal and legit. The video I have here is a video of me playing Jamming jars on a 0.40 EURO bet. Please understand that I only made this video to show how insanely low the win ratio is on this site and how many spins are required to hit a bonus on one of their games. If I was playing my normal bet of around 40 EURO on this game, I would have lost tens of thousands of EUROs on this session and would have gotten 2 bonuses that paid 10x maximum.

Yesterday I was playing sweet bonanza and was betting around 20 EURO per spin with the extra 25 credits or whatever to increase the chance of getting a bonus. As usual I lost the entire balance and couldn't afford to bet 20 EURO anymore. As soon as I lowered my bet to about 0.05 EURO per spin, I got the free spins immediately after losing the balance. I then bought 7 or 8 bonuses at 600 EURO per bonus. Won nothing on all the bonuses. Lost another 0.5 btc due to that.

I'm losing on average 15,000 EURO a week on this site. I keep depositing hoping that one of the games might pay me. It is now clear they wont.

Here is my deposit history:



Over 700k EURO deposits. Just this month I've lost over 40k EURO on the site. I never win anything and when I do its like a 50x or 70x win. Have a look at the video (Its 1 hour long but you can skip to see what I mean) and decide if you believe that their slots are actually set to 90+% RTP or not.

I will be fair and say that they have extremely fast withdrawals and deposits and I have received decent cash back bonuses. But that doesn't make up for the fact that they don't pay jackpots or big wins and I'm positive that other "high rollers" have the exact same problem as me. No one can be this unlucky.

This is just a warning to other players. Don't think of depositing 100k EURO and betting big on their slots. You will lose that deposit and much more.

https://www.youtube.com/watch?v=9_4rvMFkNTo

I don't know if I ever risk some money like that. That's a big loss and recovering it would also mean risking more. Anyways, that's how gambling works, risking something in hope for luck to favor us and win.

[DogecoinMachine]

You should check what's the house edge on those slots, I wouldn't be surprised if it 10%. Also check or ask them what's the probability to win the jackpot.
And on your place I would quit, you will lose a lot more before you will win (if you win) the jackpot and still you'll be in huge red numbers...

[imstillthebest]

You should check what's the house edge on those slots, I wouldn't be surprised if it 10%.

lol that too high but slots are such a hard game to win  . i remeber i was playing slots before but i didnt win any prize  .  there were low house edge sites but the chance of you loosing is still there  .

Also check or ask them what's the probability to win the jackpot.

idk if this is appropriate to ask or if you will get a response from them  because its already been laid out on the casino before you play  .

And on your place I would quit, you will lose a lot more before you will win (if you win) the jackpot and still you'll be in huge red numbers...

its okay to loose more before you win but as long as you won more than you loose .

[Astargath]

Thanks for all the responses. I would just like to say that I do not have a gambling problem. I just can't see how one person can deposit 700k EURO in 4 months and not win a single jackpot when I'm continuously playing max bet. There are thousands of videos on the net of people winning 20k EURO+ on 2 dollar bets. I bet 100 EURO for 500 spins and win maximums of 20x in bonus games or nothing at all. Does this make sense to anyone? I keep depositing because I'm hoping to actually get lucky once.

I am playing high bets every single day on bitcasino and I never manage to win anything. I think I won 5000 EURO on a 40 euro bet this month on reactoonz after loosing 10k euro. So 50% of my cash back. I buy huge bonuses all the time like 3 x 1 BTC (14,000 USD at the time per btc) bonus buys on some of the highest RTP slots and I just get dead spins and no wins.

I simply feel that I'm being taking advantage of because I'm a "High roller" as they call me on bitcasino. My VIP points were at 20 million for 10 days before I asked them to remove my loyalty program because the bonuses were terrible. You lose 30k EURO and you get 10 free spins on one of their slots. Its a joke really.

Here are a few of the bonuses I've gotten on max bets: https://imgur.com/a/x62Kcce

Look how many high bet free spins pay 0. How is that in any way fair?

I'm betting 200 EURO, get 24 free spins and win 10% of my initial bet back. This game only gives 8 free spins when its triggered. So I re triggered the bonus twice within the bonus. Still only a 30 EURO win.

I am convinced that something is wrong on my account and that I am destined to lose on this site. Taking from me to pay everyone else is what it feels like.

You have a gambling problem if you think you have to win, that's a common misconception of gambling addicts. Oh there is no way to get 30 reds in a row, I'll bet on black now because 31 reds in a row is certainly not possible, well it is, welcome to math and statistics.

Have you calculated your odds of winning one of those jackpots? Is it 1 in 1000, 1 in 1 million, what is it exactly? Even if it was 1 in 1000, you could still lose more than 1000 bets and not get a single jackpot, you could in fact lose 10k bets, 100k bets, etc.

[LFC_Bitcoin]

OP, stop chasing jackpots. You’re already independently wealthy, you don’t need to gamble with such huge amounts chasing jackpots. If you really have to gamble & with such large stakes go & play poker in Vegas. You’ve probably got a much higher chance of winning lots. Speak to micgoossens, he’s a good poker player. He might be able to point you in the right direction of where to play etc.

I know a lot of online casinos are provably fair but also if you like to play roulette a lot do it in a physical casino not an online one.

I always feel you have a higher % of coming out with profit in a physical casino rather than an online one when playing roulette or card games.

[Lanatsa]

Damn. I think that this is the first time I am noticing a high roller post about his/her losses in such a simple manner in this forum. That is big money for many people including me and you have nerves of steel to wager that kind of money(If true).

However, why in the world would you choose slots where the house edge is much higher when compared to a game like Blackjack or Baccarat? Weird.

Maybe he do love to pull off some slot machine levers or roll buttons  Its his money after all and majority doesn't have that kind of nerve to bet that big.

Imagine those amounts where it can be used into other things like buying a house or car but this man do just use this coins for gambling and imagine 90% of it goes to said casino.

Slots have high house edge so I'm not surprised why he lose up big time without hitting any jackpot.It do matter with luck in the first place.