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Author Topic: How I lost 200,000 EURO on Bitcasino.io  (Read 2215 times)
Kevinn22
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July 29, 2019, 01:40:25 AM
Last edit: July 29, 2019, 02:18:25 AM by Kevinn22
 #61

There's no doubt bitcasino has a different RTP than some other casinos. Played there for 2+ years and have noticed it a lot compared to other sites.
HOWEVER, they do still pay.
They allow bitcoin deposits.
They have a great variety of providers
And they pay instantly.
those 3 things above are a big deal if you can understand you have a slightly lesser chance of winning here.
We all know game providers give casinos the option to change RTP (it was proven with the Play'N'Go provider a long time ago).
I've had losing streaks last months on sites before. Sites that I think the RTP is higher than bitcasinos...
I think you're just on the wrong end of the RTP (bad luck)

PS: game-protect is out in full force looking for victims to scam, i would stay away
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July 29, 2019, 03:12:22 AM
 #62

PS: game-protect is out in full force looking for victims to scam, I would stay away
The brain deadness of some bitcointalk accounts is surely limitless!

I offer since 2 years and 8 months 5 BTC for proof of who I scammed and for how much and none of the extremely mentally ill brain wash nonsense shit posters is able to deliver!!! Cheesy

Get 5 BTC for proof who Game Protect scammed and for how much?

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July 29, 2019, 05:43:24 AM
 #63

Yikes, and you are supposed to be an expert in gambling? LOL, what does it matter if he made thousands of bets? He never talked about the odds, what if the odds are 1 in 100.000? ''thousands of bets'' is not even close to enough, get a grip.
Did you just arrive from the moon?

Slots do have a house edge per bet! Roll Eyes

Please stop embarrasing yourself, what are you talking about, OP is complaining about not winning jackpots, what does the house edge of slots have to do with the chances of winning a jackpot/bonus? You really have no idea about math and gambling do you lol, no wonder you got 100 negative reviews. Please find another job, math is too hard for you.

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July 29, 2019, 05:47:01 AM
 #64

Bruh...

I think you need professional help. Your gambling addiction is out of control.

Hopefully you have many more money and this lost 200k€ won't create you any troubles, otherwise this is so fucked up.




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btmarketmod
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July 29, 2019, 05:59:33 AM
Last edit: July 29, 2019, 06:12:22 AM by btmarketmod
 #65

Guys just another update. I lost another 15k on Jamming jars playing 6 EURO bets. I recorded the gameplay but its over 3 hours long and file size is over . 2500+ Spins and no significant wins. All bonuses paid around 10x the bet max. Got one bonus when I had to drop my bet size to 2 EURO because my balance was depleted and won 200 EURO. Looks like i'm doomed on this site. I cannot win anything. I won't be depositing again.

Bruh...

I think you need professional help. Your gambling addiction is out of control.

Hopefully you have many more money and this lost 200k€ won't create you any troubles, otherwise this is so fucked up.

I was fortunate enough to start mining bitcoin around 5 years ago. So I have a decent amount of btc. I'm not worried about how much I've lost I'm simply posting about my losses to see if others believe its fair to lose so much without winning anything. If others believe its fair to dump so much money and not win a single jackpot playing max bets on almost 80+ slots then I will stop complaining.
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July 29, 2019, 06:22:53 AM
 #66

You are the only responsible for your money and how you manage them.The fact that you have kept gambling even when you were losing big amounts of money shows how seriously addicted you are to gambling.I think you should get professional help before you lose everything you have.

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July 29, 2019, 06:27:20 AM
Last edit: July 29, 2019, 08:02:58 AM by mindrust
 #67

I was fortunate enough to start mining bitcoin around 5 years ago. So I have a decent amount of btc. I'm not worried about how much I've lost I'm simply posting about my losses to see if others believe its fair to lose so much without winning anything. If others believe its fair to dump so much money and not win a single jackpot playing max bets on almost 80+ slots then I will stop complaining.

If this was an experiment, why haven't you wagered 1 sat per game? You could have made your point without losing a house!




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btmarketmod
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July 29, 2019, 09:36:23 AM
 #68

It looks like they found a new way to take money from me without paying. When I have a look at my game history after putting on autoplay and leaving the computer, none of the wins are actually credited to my balance.



Notice how the balance doesn't increase after a win. Its just blank..
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July 29, 2019, 11:54:25 AM
 #69

...
I'm not worried about how much I've lost I'm simply posting about my losses to see if others believe its fair to lose so
much without winning anything. If others believe its fair to dump so much money and not win a single jackpot playing
max bets on almost 80+ slots then I will stop complaining.

I definitely believe that something shady is going on with your Bitcasino account. Of course
it is possible to have bad losing streaks when playing in a casino, but if your description of your experiences is accurate
I doubt that your results are within the range of possible outcomes at a legit casino.

I also have doubts regarding the integrity of Bitcasino as they advertise a lot
on shady sites (e.g. sites that offer pirated movie streams). Maybe it is just affiliates
of Bitcasino, who advertise on these sites, but it is also possible that Bitcasino itself
is paying for ads at these kind of websites.

...
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.
...

Wow, I have been trying to pay back a 9000 € loan for years and have only managed to pay back
a fraction while working a 2nd job and you are casually losing 15000 € per week  Wink
You surely are a successful person!

I wouldn´t stop gambling if you enjoy the activity, but I would definitely not make
another deposit at Bitcasino again. Maybe switch sites or try some gambling
variations like sports betting where you aren´t subject to possibly manipulated
slot games. Or maybe stop gambling altogether and use your BTC for a more
satisfying purpose. You could even sell some of your BTC and invite a few of your loved ones
for a nice dinner or some other treat that you will 100 % enjoy more than
another losing session at Bitcasino.

I wish you the best of luck in staying away from that particular site.
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July 29, 2019, 12:34:39 PM
 #70

Hi,

Please allow PMs from newbies I have a message for you regarding your situation but cant send it.

Thanks
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July 29, 2019, 02:27:01 PM
 #71

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

Hi btmarketmod!

First of all for everyone: I can confirm that btmarketmod is a loyal Bitcasino.io player.

And for you personally, I'm sorry to hear about your unlucky run with us lately! Undecided I can understand your frustration of not hitting big (200x, 500x etc.) from bonus games while having a big bet size per spin. I do hope your luck with bonus games changes! Smiley

I reached out today to our casino team who knows pretty much everything about our slots and games in general. Also, just in case I had a chat with our responsible gaming team as well.

Technical side of our games
When it comes to our slots RTP, it's defined at a game level and each game's RTP is public information - just need to open the info window on the slot itself. Bitcasino overall RTP depends fully on what games are currently being played as Blackjack and a video slot game have vastly different RTPs.

The chances of winning a jackpot are completely random - it is not possible to give a specific % to it from our side. For example earlier this year Mega Moolah jackpot went out two times within 3 days but on average it has hit once every 4-6 weeks. These jackpot slots are shared between sites that have them.

Finally a note on responsible gaming, I wanted to make you aware of our 24-hour cooling off period that we offer for those that feel time away from our site would be helpful. On those kind of situations you can always mail us at compliance@bitcasino.io Smiley

Cheers,
Karl
Bitcasino.io


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July 29, 2019, 04:58:14 PM
 #72

If this was an experiment, why haven't you wagered 1 sat per game? You could have made your point without losing a house!
Hope you did not understand his situation, he is a sad billionaire who wants to make his voice known to the bitcoin community about his exploits in this particular casino and so is the reason he is experimenting with these kind of huge amount of money Cheesy and even the bitcasino support has vouched that he is their loyal funder  Grin .

@bitcasino let him win some so that his ego wont hurt and you will get your funds in the mean time  Tongue Cheesy.

@OP i am not sure what else to say about your exploits. It is your money and your way of dealing with things is a bit strange for the rest of the normal individuals Wink.


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July 29, 2019, 06:50:26 PM
 #73

I don't really understand what the problem seems to be? Is it something about casino winning more often than the gamblers? Because, if that is the question at hand than that is something casinos publicly claim as well. They never say they are not making profit, in order for these places to make money you need to lose money and that means house edge which is why all gamblers will lose money if they keep playing long enough.

If you are thinking you "lose more often than you should" than that is just gamblers fallacy where you think you should eventually win but with casino having the favorite bet thanks to house edge each bet is individual to its own and would make you lose in minutes. Its sad to see people with this much money do not understand the point of gambling.


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serjent05
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July 29, 2019, 07:28:35 PM
 #74

It looks like they found a new way to take money from me without paying. When I have a look at my game history after putting on autoplay and leaving the computer, none of the wins are actually credited to my balance.




Notice how the balance doesn't increase after a win. Its just blank..


I look at the  the screenshot and it seems that there is really some irregularities.  You are right, they are not crediting your win this surely is an act of scamming you.  Any plan about this thing?   Have notified them about this incident?  This will surely ruin Bitcasino reputation.  Anyway, I edited the link of the image so that member can  see the image without going thru the link.


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FreedomHustler
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July 30, 2019, 01:32:13 AM
 #75

I would say to opening a lawsuit against them?


I can say i really loose like 200K in 3 Years here!!!

I gamble reallife i gamble without bitcoin

I never seen such a bad payout casino like
Bitcasino and his partner sportsbet.io


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July 30, 2019, 01:38:58 AM
 #76

I would say to opening a lawsuit against them?
That is indeed a good idea and Game Protect is already in the process of doing so. Wink
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July 30, 2019, 01:46:56 AM
 #77

I would say to opening a lawsuit against them?
That is indeed a good idea and Game Protect is already in the process of doing so. Wink

You are a great freedomfighter give me your telegram to talk further about
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July 30, 2019, 02:51:44 AM
 #78

How can someone literally spent 700 thousand euro in 4 months than open a topic about how he never wins and then thinks he doesn't have a gambling problem. This is a clear troll and he is taking us for a ride. I know we have seen some pictures for proof but I am pretty sure this could be from someone else or something.

I really can't just start to believe that someone who has lost more than 200k in gambling and complains he never wins is thinking he is NOT a gambling addict. That is not possible, people are not that stupid, I mean some people are stupid but when it comes to people with this much money I doubt they are, you gotta be like a billionaire in order to not care about this but if you care enough to open a topic on bitcointalk then I am pretty sure you are either not that rich or this is all a total lie.

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July 30, 2019, 05:44:22 AM
Merited by LFC_Bitcoin (1)
 #79

Hey all-

Here are the facts-

1- This is a true story already confirmed by Bitcasino.io
2- The developer of the game Jammin' Jars, is https://www.pushgaming.com/about/ with offices in London and Malta
3- Push Gaming holds a UK Remote Software Supplier License and an Alderney Associate Supplier Certificate
4- Jammin' Jars paid out €19,361.80 and £17,174.85 on January 14th and January 28th respectively, both on €1 and £1 spins. https://www.pushgaming.com/blog/big-wins-push-gamings-jammin-jars.html
5- Bitcasino.io has nothing to do with result of the Jackpot and doesn't choose when they hit
6- btmarketmod is a whale with a gambling problem and should probably bet less or quit all together
btmarketmod
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July 30, 2019, 06:20:08 AM
 #80

Hey all-

Here are the facts-

1- This is a true story already confirmed by Bitcasino.io
2- The developer of the game Jammin' Jars, is https://www.pushgaming.com/about/ with offices in London and Malta
3- Push Gaming holds a UK Remote Software Supplier License and an Alderney Associate Supplier Certificate
4- Jammin' Jars paid out €19,361.80 and £17,174.85 on January 14th and January 28th respectively, both on €1 and £1 spins. https://www.pushgaming.com/blog/big-wins-push-gamings-jammin-jars.html
5- Bitcasino.io has nothing to do with result of the Jackpot and doesn't choose when they hit
6- btmarketmod is a whale with a gambling problem and should probably bet less or quit all together


I can understand how some people see me as having a gambling problem. I honestly don't. While it might seem like a huge amount of money for most people, I'm not selling my belongings or making loans or asking for handouts to make these bets. I'm not putting myself at risk with these bets and deposits. I could play 5x this amount with just one of the btc wallets I have and still be okay. I'm simply posting to see feedback and find out if this is normal to dump such a large amount of funds on the same slots over and over again and not win anything. You don't see me fighting with Bitcasino and calling them scammers and saying I want my money back because I lost everything. I'm posting my results and asking for other peoples opinions so that I can know whether to continue trying with bitcasino or not. I have fun playing the games. Obviously not when I'm losing huge amounts in a few minutes because even though I have a lot of btc it still hurts losing 5,10,15 btc on one game in less than an hour. I just want to know if I'm being taken advantage of or if this is normal.
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