How I lost 200,000 EURO on Bitcasino.io

[Astargath]

My experience has shown it is senseless to communicate with brain dead bitcointalk accounts, but here is what OP said:

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

Everyone with a functioning brain in his head can see that he complains about continuously losing money and only in one sentence it is mentioned that he did not win a jackpot!

Let's see. He keeps mentioning bonuses and jackpots, I wonder why. You can check the video by yourself and see he wins many, many times but of course in the end loses everything as will always happen with any gambling game, it's called the house edge. What evidence do you have that the casino actually cheated him? Your stupid Carucao License thing?

[Moonmanmun]

Yeah I agree with you they are legit because they have paid my 10 to 20 BTC withdrawals almost instantly after requesting. I've never had an issue with withdrawing funds.

Yeah don't worry I'm not calling bitcasino a scam. The paid my btc withdrawals of 10+ BTC instantly. I've always gotten my money I withdrew from them.  hahaha.

Now would be a great time to lock your thread, btmarketmod, as it has clearly turned into a game-protect haven for spamming and FUD 

[MonsterV]

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.

For me it's normal because this is gambling, I don't know if this is because of your careless strategy or because of the bitcasino algorithm. I don't think you will find the answer correctly if you only focus on one gambling site, there are many similar sites that you can try. If your goal is for testing, it's better your test is divided into several sites. This will give a pretty good conclusion whether this is normal or not.

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.

Yeah this is a little worrisome, especially the part where he's saying he just did this to prove its broken, you spent 200k to prove something is a scam? I think a few grand could have done well enough on building your confidence on what something is or isn't.

Maybe he's a rich man and $ 200k is only a small part of his wealth. If I became an OP, I wouldn't be that stupid to gamble because there are still more ways to make money with that kind of money.

[game-protect]

What evidence do you have that the casino actually cheated him?

I never said Bitcasino cheated him!

[Kevinn22]

What evidence do you have that the casino actually cheated him?

I never said Bitcasino cheated him!

You implied it by saying he can get all of his deposits back, if he gives you a ransom, because of your bullshit opinion of curacao licenses
Just curious, have you had any kind of education at all?

[BTCevo]

What evidence do you have that the casino actually cheated him?

I never said Bitcasino cheated him!

You implied it by saying he can get all of his deposits back, if he gives you a ransom, because of your bullshit opinion of curacao licenses
Just curious, have you had any kind of education at all?

Why do you keep on replying him? You can see that he is really famous about his talking but as I can say all the cases is already solved and yet he keep saying bad about it. So if you stop to reply him then he got nothing to talk about

And one more thing for sure, please stop this grave digging, like you always do @game-protect. This is really ridiculous to dig what is already been solved and you did it on most of the cases here

[FreedomHustler]

What evidence do you have that the casino actually cheated him?

I never said Bitcasino cheated him!

You implied it by saying he can get all of his deposits back, if he gives you a ransom, because of your bullshit opinion of curacao licenses
Just curious, have you had any kind of education at all?

Why do you keep on replying him? You can see that he is really famous about his talking but as I can say all the cases is already solved and yet he keep saying bad about it. So if you stop to reply him then he got nothing to talk about

And one more thing for sure, please stop this grave digging, like you always do @game-protect. This is really ridiculous to dig what is already been solved and you did it on most of the cases here

Push this to protect future player

[Astargath]

What evidence do you have that the casino actually cheated him?

I never said Bitcasino cheated him!

You implied it by saying he can get all of his deposits back, if he gives you a ransom, because of your bullshit opinion of curacao licenses
Just curious, have you had any kind of education at all?

Exactly, he implied it several times and even said that they are using a fake license. Notice how he only responds to the "cheating" part but not the part where he is totally wrong about what OP is complaining about lol. This guy doesnt even know what statistics are...

[game-protect]

What evidence do you have that the casino actually cheated him?

I never said Bitcasino cheated him!

You implied it by saying he can get all of his deposits back, if he gives you a ransom, because of your bullshit opinion of curacao licenses
Just curious, have you had any kind of education at all?

Exactly, he implied it several times and even said that they are using a fake license.

Only because you are the owner of a brain dead bitcointalk account does not imply that I said Bitcasino scammed him!

Here is what I said:

Game Protect assists enforcing losses to bitcasino.io because they took it illegal and in breach of applicable AML and KYC laws.

Not one word about gambling software is rigged!

[Astargath]

What evidence do you have that the casino actually cheated him?

I never said Bitcasino cheated him!

You implied it by saying he can get all of his deposits back, if he gives you a ransom, because of your bullshit opinion of curacao licenses
Just curious, have you had any kind of education at all?

Exactly, he implied it several times and even said that they are using a fake license.

Only because you are the owner of a brain dead bitcointalk account does not imply that I said Bitcasino scammed him!

Here is what I said:

Game Protect assists enforcing losses to bitcasino.io because they took it illegal and in breach of applicable AML and KYC laws.

Not one word about gambling software is rigged!

So you assist users when they lose because of something totally not related to their software? How does that work exactly then? Players lose money because of the house edge but you are able to give them their money back because of something totally unrelated to how they lost their money? Ok bro

[game-protect]

What evidence do you have that the casino actually cheated him?

I never said Bitcasino cheated him!

You implied it by saying he can get all of his deposits back, if he gives you a ransom, because of your bullshit opinion of curacao licenses
Just curious, have you had any kind of education at all?

Exactly, he implied it several times and even said that they are using a fake license.

Only because you are the owner of a brain dead bitcointalk account does not imply that I said Bitcasino scammed him!

Here is what I said:

Game Protect assists enforcing losses to bitcasino.io because they took it illegal and in breach of applicable AML and KYC laws.

Not one word about gambling software is rigged!

So you assist users when they lose because of something totally not related to their software?

BINGO!

But we also assist the enforcement of lost money when the software is rigged.

How does that work exactly then?

Brain dead bitcointalk accounts are not able to understand how this exactly works!

Basically, if someone took something illegally he is not entitled to keep it by criminal and civil laws.

[FreedomHustler]

What evidence do you have that the casino actually cheated him?

I never said Bitcasino cheated him!

You implied it by saying he can get all of his deposits back, if he gives you a ransom, because of your bullshit opinion of curacao licenses
Just curious, have you had any kind of education at all?

Exactly, he implied it several times and even said that they are using a fake license.

Only because you are the owner of a brain dead bitcointalk account does not imply that I said Bitcasino scammed him!

Here is what I said:

Game Protect assists enforcing losses to bitcasino.io because they took it illegal and in breach of applicable AML and KYC laws.

Not one word about gambling software is rigged!

So you assist users when they lose because of something totally not related to their software?

BINGO!

But we also assist the enforcement of lost money when the software is rigged.

How does that work exactly then?

Brain dead bitcointalk accounts are not able to understand how this exactly works!

Basically, if someone took something illegally he is not entitled to keep it by criminal and civil laws.

Do you think the software is rigged and do you have any sucessfull lawsuit against them because you need really much informstion in the support ticket

[darewaller]

OMG, I'm finding it difficult to believe that anyone could just throw that sum of money into gambling, just like that and keep on putting more even when they are losing  . Well, maybe because I don't have that much.

But, even if I had that much there are other thing that I can do with that amount of money than letting it all go in gambling. You should know that in every casino the house always have more chances of winning than the players, so the luck only comes to a few people

[Grab]

OMG, I'm finding it difficult to believe that anyone could just throw that sum of money into gambling, just like that and keep on putting more even when they are losing  . Well, maybe because I don't have that much.

But, even if I had that much there are other thing that I can do with that amount of money than letting it all go in gambling. You should know that in every casino the house always have more chances of winning than the players, so the luck only comes to a few people

And the next spammer xD
You should be banned from signature campaign.

[game-protect]

Do you think the software is rigged and do you have any sucessfull lawsuit against them because you need really much informstion in the support ticket

Their other casino vegascasino.io used pirated software and a high roller informed me that the black jack software is coded by themselves.

The first step is to check if a player is within the statistic.

I also know someone who issues licenses for gambling software and he can check if the bitcasino.io gambling software is rigged.

[STT]

Okay take this for an example. I buy 6 x 600 EURO bonuses on sweet bonanza, I get 9 dead spins on 4 out of the 6 games. I lose my entire 5000 EURO balance. How does that not sound shady? Not a single decent win on 6 bonus buys for 600 EURO? When I purchase a 750 EURO bonus on wolf legend megaways I win 11 EURO back on 18 spins lol.

Ignore the currency value for a minute, lets just go through each example and do the maths on the probability of each outcome.    That would be the best estimation of whether what is happening most likely to be legit or not.
Go to a real casino or possibly any operation and they watch the probability of lots of games, when something close to impossible or highly unlikely occurs they are stood up staring at that guy to check he isnt pulling a trick.   Same for users, its a good to keep a rough idea of how likely am I to win on this.

The easiest thing to do of course is stick to games with close to 50/50 odds like the red/black on a roulette wheel.   Its not perfectly even but you have a rough idea you should win out of 6 rolls of the wheel.
I will find a website with a calculator to help with this hopefully.

Ok so this is a good example, they showed the example of always winning.   But the reverse would also be after not many spins it does become unlikely to always bet the wrong colour on a roulette wheel

https://www.roulettestar.com/probability.php

A calculator to use on this one
http://www.casinoguardian.co.uk/roulette/betting-calculator/

What can happen when the odds are wrong:
https://www.rouletteonline.net/biased-roulette-wheel/

[Astargath]

Do you think the software is rigged and do you have any sucessfull lawsuit against them because you need really much informstion in the support ticket

Their other casino vegascasino.io used pirated software and a high roller informed me that the black jack software is coded by themselves.

The first step is to check if a player is within the statistic.

I also know someone who issues licenses for gambling software and he can check if the bitcasino.io gambling software is rigged.

The first step is to check if a player is within the statistic. But you don't know how to calculate this. You can calculate your average loss but that wont be accurate unless you play a ton of times. OP is also complaining mostly about not winning bonuses and jackpots, which you keep ignoring, your alzheimer's probably.

[game-protect]

The first step is to check if a player is within the statistic.

Correct!

But you don't know how to calculate this.

LIE!!!

I posted the formula how to calculate it:

If you want to check if you are within the statistic, do the following:

1) Ask Bitcasino for the house edge of the slots you played

2) Calculate the total amount of all your bets

Example: If your total bets are 20 million Euro and the house edge is 3,5%, then you statistically lost 700,000 Euro.

You can calculate your average loss but that wont be accurate unless you play a ton of times.

LIE!!!

A player can calculate if he is within the statistic.

OP is also complaining mostly about not winning bonuses and jackpots, which you keep ignoring,

LIE!!!

As everyone with eyes and a functioning brain in his head can see in the opening post, OP complains about continuously losing a lot of money without having a larger win.

The word jackpot was mentioned only one time and is irrelevant!

[btmarketmod]

Can someone please explain this to me:

https://imgur.com/a/T5rvQFn

I got free spins on Win Escalator, my balance was 143,906.71 which you can see in the left corner. As soon as I won the free spins my balance in the top right corner updated to 211,906.71

During the free spins I won exactly 68,000.00 which is 143,906.71 + 68,000.00 = 211,906.71

If the games use a RNG and each spin is unique, how was the game able to predict before even starting the free spins that I would win exactly 68000 credits in those 8 free spins?

This happened on another game where I won 12 free spins.

[NewCryptocasinos]

Sorry for your loss, even if you can afford it, its never fun playing if you loose all the time.
We do not promote bitcasino.io on our Bitcoin gambling guide - newcryptocasinos.com , but i have never heard anything bad about them.

We prefer casinos like Bao, at least you GET something when you reach new level on their Quest, i think level 80 gives you a Sony Playstation:)

And also a friendly reminder to everyone else that reads this thread. Gamble responsibly and never for more money or crypto than you can afford to loose.
Gambling is suppose to be fun.