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Author Topic: 🔥🎲Tower.bet 🎲🔥Crash 🎲 HiLo 🎲 Wheel 🎲 Slots 🎲 And more 🎲  (Read 10607 times)
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September 28, 2020, 04:06:33 PM
 #281

Recently tried Crash game on tower.bet site. Overall pretty good experience, there left more improvement though. I guess, if tower.bet shows $ value instead of bitcoin value it would much easy to recognize.
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September 28, 2020, 04:17:29 PM
 #282

For sure that will happen since many scammers right now seeking for platform which doesn't have any strict rules regarding on this matter so best for towerbet to have a full KYC with selfie holding the valid ID of the withdrawal requestor so that they can avoid this things and drive away those people who want to use the platform for their dirty business.

I know this suggestion is hard to provide for others who want an anonymity but for betterment it should be implemented.
I disagree. I know you have good intentions behind your suggestion, but full KYC could prove detrimental for Tower.bet since it usually scares away crypto gamblers who primarily play in these sites thanks to the anonymity aspect.

If they weren't afraid to reveal themselves, they would simply stick to popular FIAT casinos and upload their KYC without any issues. Crypto gambling sites should only invoke KYC under suspicious conditions.

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September 28, 2020, 06:05:57 PM
 #283

Recently tried Crash game on tower.bet site. Overall pretty good experience, there left more improvement though. I guess, if tower.bet shows $ value instead of bitcoin value it would much easy to recognize.
What improvement could it be mind giving the team some information or feedback? well the price of bitcoin changes from time to time I think they would likely implement it I guess you can just use a third party service which you can convert your current money to $.

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September 28, 2020, 09:37:38 PM
 #284

For sure that will happen since many scammers right now seeking for platform which doesn't have any strict rules regarding on this matter so best for towerbet to have a full KYC with selfie holding the valid ID of the withdrawal requestor so that they can avoid this things and drive away those people who want to use the platform for their dirty business.

I know this suggestion is hard to provide for others who want an anonymity but for betterment it should be implemented.
I disagree. I know you have good intentions behind your suggestion, but full KYC could prove detrimental for Tower.bet since it usually scares away crypto gamblers who primarily play in these sites thanks to the anonymity aspect.

If they weren't afraid to reveal themselves, they would simply stick to popular FIAT casinos and upload their KYC without any issues. Crypto gambling sites should only invoke KYC under suspicious conditions.
Completely agree on what you had said. KYC on this cryptocurrency market is never been an appealing thing to anyone yet they do directly avoid when they do saw a particular gambling site
do impose such requirement or been asked out.As said if they arent afraid on showing off their faces or showing their identities then they would just simply stick to fiat.
No crypto based business will really oppose on what people been seeking on this market which is on that anonymity side.They fail to give it out then its expected for them to fail.

R


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September 28, 2020, 10:32:50 PM
Merited by agustina2 (2)
 #285

For sure that will happen since many scammers right now seeking for platform which doesn't have any strict rules regarding on this matter so best for towerbet to have a full KYC with selfie holding the valid ID of the withdrawal requestor so that they can avoid this things and drive away those people who want to use the platform for their dirty business.

I know this suggestion is hard to provide for others who want an anonymity but for betterment it should be implemented.

If that's the case then it's better to remove or disable the exchanger rather than complying with mandatory KYC. Or there are certain requirements before anyone can use it.

Full KYC will be the one of the main reason for a crypto-gambling site, especially for new ones, to crash early on their business. Should just be asked only if there are suspicious withdrawal or those who hit the site's alarm system.

But anyhow, the exchange abuse might be far from happening*. We should not think of that now.

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September 28, 2020, 11:43:47 PM
 #286

Full KYC will be the one of the main reason for a crypto-gambling site, especially for new ones, to crash early on their business. Should just be asked only if there are suspicious withdrawal or those who hit the site's alarm system.

Agree. In crypto gambling, once users see that KYC is needed, I'm sure they will not even test the site.

Asking KYC on the Trading platform, for example, is different when KYC is asked by a gambling site.

I agree that additional verification should just be asked by a gambling site if there's something fishy about the user's activity.

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September 29, 2020, 09:31:20 AM
 #287

On tower.bet we keep track of so-called transaction risk score. We are long time partners with several services that ensure that we will be notified if any shady transaction goes through, in this cases such funds will not be processed.

Also FYI we plan to add ability of purchasing crypto via Moonpay some time soon.

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███     ♦   ♦     ♦ UNIQUE GAMES ♦     Tower.bet     ♦   DAILY RACES   ♦     ♦   ♦     ███
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September 29, 2020, 09:52:16 AM
 #288

On tower.bet we keep track of so-called transaction risk score. We are long time partners with several services that ensure that we will be notified if any shady transaction goes through, in this cases such funds will not be processed.

How does this work tho? Potentially any transaction could be classified as shady, and as such payment can be denied or witheld for prolonged amounts of time.
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September 29, 2020, 01:11:01 PM
 #289

How does this work tho? Potentially any transaction could be classified as shady, and as such payment can be denied or witheld for prolonged amounts of time.
Based on what other gambling sites do to combat money laundering, I am guessing that Tower.bet examine the volume of bets placed by individuals and check how often they actually gamble and how often they simply use the exchange.

They might also enlist the help of firms like Ciphertrace in order to resolve this issue. Check this example out.

https://www.google.com/amp/s/cointelegraph.com/news/twitter-hackers-try-to-launder-funds-via-p2p-and-gambling-platforms/amp

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September 29, 2020, 07:10:35 PM
 #290

How does this work tho? Potentially any transaction could be classified as shady, and as such payment can be denied or witheld for prolonged amounts of time.
Based on what other gambling sites do to combat money laundering, I am guessing that Tower.bet examine the volume of bets placed by individuals and check how often they actually gamble and how often they simply use the exchange.

They might also enlist the help of firms like Ciphertrace in order to resolve this issue. Check this example out.

https://www.google.com/amp/s/cointelegraph.com/news/twitter-hackers-try-to-launder-funds-via-p2p-and-gambling-platforms/amp

So the scammers are trying to launder their money not just to gambling sites but different exchanges and platforms. It's great that the tower.bet team is doing their best to avoid scammers use their platform for money laundering instances.

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Lanatsa
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September 29, 2020, 07:55:26 PM
 #291

How does this work tho? Potentially any transaction could be classified as shady, and as such payment can be denied or witheld for prolonged amounts of time.
Based on what other gambling sites do to combat money laundering, I am guessing that Tower.bet examine the volume of bets placed by individuals and check how often they actually gamble and how often they simply use the exchange.

They might also enlist the help of firms like Ciphertrace in order to resolve this issue. Check this example out.

https://www.google.com/amp/s/cointelegraph.com/news/twitter-hackers-try-to-launder-funds-via-p2p-and-gambling-platforms/amp

So the scammers are trying to launder their money not just to gambling sites but different exchanges and platforms. It's great that the tower.bet team is doing their best to avoid scammers use their platform for money laundering instances.
This isn't new and its just a typical rule for most gambling sites that once you do make a deposit then you'll need to hit up some wager before you can able to withdraw and also they aren't blind

when they do saw some suspicious transaction that do involve big money and that would surely turn the red lights.Reading off into most gambling sites terms and conditions then its clearly stated on most of the time that they do have the rights to ask out some identity verification or some sort if they do find out something suspicious.

Its not new anymore that gambling sites and other services is being used to mix up or launder money.

R


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September 29, 2020, 08:07:12 PM
 #292


Also FYI we plan to add ability of purchasing crypto via Moonpay some time soon.

That would also be a nice addition to the site. Stake also recently added this feature and it works really well.
Personally, I am waiting on the slots to be released  Wink. I like playing the crash game, but slots are also always fun to play on!



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September 29, 2020, 08:22:54 PM
 #293

How does this work tho? Potentially any transaction could be classified as shady, and as such payment can be denied or witheld for prolonged amounts of time.

There are certain factors to hit the alarm. Surely, it mostly depends on deposit and withdrawal activity*.

Besides, Tower.bet can verify if those transactions came from a legitimate way e.g users deposit > bet > win > withdraw or something along those lines. I mean, it's not usual for a user if they will just deposit to take advantage of the exchange feature.

But as I mentioned, abuse of that exchange feature might be too early to talk for now.

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September 30, 2020, 01:43:59 AM
 #294

On tower.bet we keep track of so-called transaction risk score. We are long time partners with several services that ensure that we will be notified if any shady transaction goes through, in this cases such funds will not be processed.

How does this work tho? Potentially any transaction could be classified as shady, and as such payment can be denied or witheld for prolonged amounts of time.


Have you heard about services like chainalysis, clain? We use similar service provider on Tower.bet. We do not want to withheld anyone funds, as nothing good come with this, lol. Rather we do not want to even accept transaction that looks very bad, e.g. marked as connected with hack or ransom.

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September 30, 2020, 01:45:54 AM
 #295


Also FYI we plan to add ability of purchasing crypto via Moonpay some time soon.

That would also be a nice addition to the site. Stake also recently added this feature and it works really well.
Personally, I am waiting on the slots to be released  Wink. I like playing the crash game, but slots are also always fun to play on!


In the Tower.bet team we also eagerly waiting slots, we've working on design and concept since the winter, so we expect it to be awesome  Grin

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September 30, 2020, 07:36:26 AM
 #296


Also FYI we plan to add ability of purchasing crypto via Moonpay some time soon.

That would also be a nice addition to the site. Stake also recently added this feature and it works really well.
Personally, I am waiting on the slots to be released  Wink. I like playing the crash game, but slots are also always fun to play on!


In the Tower.bet team we also eagerly waiting slots, we've working on design and concept since the winter, so we expect it to be awesome  Grin

Just wondering if it's just one slot or are there more slots coming? If there is just one, let's hope it got a lot of features like bonus games and free spins.



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Rainbot
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September 30, 2020, 12:21:57 PM
 #297

Tower.bit is a great platform it seems that each of its slots is much better and will improve in terms of bonuses while playing this popular and critically acclaimed game multiple cheats are recorded in the game to make the game easier and more win. Tower.bit now allows all people to play equally every feature of it is good.
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October 01, 2020, 10:33:54 AM
 #298

In the Tower.bet team we also eagerly waiting slots, we've working on design and concept since the winter, so we expect it to be awesome  Grin
Just wondering if it's just one slot or are there more slots coming? If there is just one, let's hope it got a lot of features like bonus games and free spins.

If it is original slot game, I guess it will be one slot only for the start and tower.bet may add more slot after that. I have to agree that slot games should have free spin or bonus feature as it is a feature that makes slot lover is interested to play. One other feature can be a progressive jackpot with initial jackpot funded by tower.bet.

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October 01, 2020, 12:15:56 PM
 #299

<snip>
<snip>
Full KYC will be the one of the main reason for a crypto-gambling site, especially for new ones, to crash early on their business. Should just be asked only if there are suspicious withdrawal or those who hit the site's alarm system.
<snip>
If someone will ask me if  I want to pass KYC to any company online(those that I don't know personally because of distance), I will always say that I refuse. 
I won't be passing any form of my identity if it is not required to my work.
For gambling purposes, I prefer to be as much private as I could and as the company offer.
I don't have a lot of money but it's still safer to be just anonymous in the cyberspace specially if it includes money and assets.
That's what others gamblers are probably thinking too, so it's such a bad idea to implement KYC on this kind of platform.

Maybe for minority, requiring is fine, but for majority(as I assume) aren't into this.

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October 01, 2020, 01:09:27 PM
 #300

This week I only trained in one race with Tower, but last week I was in play almost every day, today we are ready to race again.

In another vein, everything is summarized to the ToS, go there and read, it's simple. In that sense @tower.bet I went to read information about the Exchange and I did not read anything, at least nothing concrete about its conditions of use, which should at least be mentioned. "EXchange"

So, we tested online chat ... very diligent:
Chat rated:  Good

They gave me an answer, although they did not give me a specific fee, it does not exceed 10%.

At least it is good to have the information available through any communication or support channel.

__

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