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Author Topic: My evolution to playing on Bitcoin casinos  (Read 817 times)
magneto
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June 26, 2021, 08:24:24 PM
 #61

You don't just want to trust that a casino is "honestly fair". You want it to be provably fair, in the sense that you are able to verify every roll that you undertake to be legitimate.

I think that another underrated trait of a good casino to play on is one that is not too tight about the KYC/AML requirements. Even if they are regulated, casinos can use certain KYC/AML requirements against you and hold your funds hostage while you conduct them.

Cloudbet comes to mind as a great counterexample. You do not want to play at a casino that can freeze your account at any given moment and ask for a ridiculous amount of documentation.
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June 26, 2021, 08:30:31 PM
 #62

I suggest people to learn about trading while enjoying gambling. This could help to overcome stress when you weren't making any profit from gambling.
While learning basic trading could be that easy as buy low and sell high but the other one must have more resources to learn and experience is always your teacher in trading the same on gambling.

For me my biggest mistake was depositing 50$ in a casino and realizing the minimum payout was 150-200$ and the payout needed such immense fee!! Around 50$ , for some players it was normal but for me I know some casinos where everything is not so complicated and expensive. Therefore I never used it again x_x .
Always read the rules and their fee. Always !
I bet it would happen to me as well if there's no person I know playing on that casino, reading rules and other terms happens when you have faced an issue or after you make your account lol.
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June 27, 2021, 10:48:31 AM
 #63

I feel going through the terms and conditions of an online casino before filling them should be considered most before thinking of using their platform to gamble a who lot of gambling sites have issues with withdraw and make the process frustrating. It's wiser not to jump into casino sites without properly going through it's terms and conditions
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June 27, 2021, 04:05:12 PM
 #64

Different online casinos has one unique feature or another perculiar to them but I doubt if I would be able yo recommend any to you just do some good research it's really not wise to give investment advice when it comes to cryto at the moment so you don't take the blame if it doesn't work out as expected. Do your research and make your investment choices.
Research before playing gambling will be necessary for every gambler to find the online casinos that can make them comfortable. Besides that, that way can help them prevent the scamming that is still looking for the new target. If you got a suggestion from other people in the name of the investment, you need to make sure that the investment program is legit and do not just follow what they say.
One big problem is that people make their research on the wrong place, social media can be a great way to keep up with your friends but when it comes to money no one should ever take what it is said on social media seriously, and yet they do and then they have to face the consequences of this mistake, however if you try to find useful information about casinos in the forum then you will find it as the trust system is a great way to keep track of the reputation of different casinos, and as long as you avoid the ones that have a negative reputation then you will be relatively safe.
You are right. Many people use social media to get referrals and they already did it and made money from that. If they do not search for more information from the other sources, they will get into a scam to come to them anytime. I prefer to explore this forum to find the recommended and trusty casino because the result will be different from the other website. You can reach your friend's review but do not 100% believe what they say before you research to know if the offers are legit.

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June 27, 2021, 04:14:19 PM
 #65

I feel going through the terms and conditions of an online casino before filling them should be considered most before thinking of using their platform to gamble a who lot of gambling sites have issues with withdraw and make the process frustrating. It's wiser not to jump into casino sites without properly going through it's terms and conditions
That's the most important thing, we also always watch carefully because the terms and conditions are the most important thing in the gambling site platform, I see that as soon as new gambling sites come to this forum, of course they will see how the terms and conditions are applied, whether it's right with us or not, if the site does not provide this in the FAQ, they will certainly be very worried that this gambling site will have problems so that one day there will be conditions with withdrawals or something else that can make you frustrated, that's true

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June 27, 2021, 08:08:11 PM
 #66

I feel going through the terms and conditions of an online casino before filling them should be considered most before thinking of using their platform to gamble a who lot of gambling sites have issues with withdraw and make the process frustrating. It's wiser not to jump into casino sites without properly going through it's terms and conditions
I wish I had the poise like you because if someone asked me to read the terms and conditions of a gambling site, I would have shouted at them. I cannot imagine myself reading those multiple pages TOS before registration although I fully agree with you that it is important since they may have some hidden rules that may trouble us later. I feel like so many players are using the casino and it should be alright and that is how I avoid reading TOS most of the time.

Though I always ready multiple times before claiming a welcome bonus or deposit bonus because the rollover or wager requirements are almost criminal and no one without insane luck should ever be able to complete those requirements.

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June 27, 2021, 09:39:13 PM
 #67

You don't just want to trust that a casino is "honestly fair". You want it to be provably fair, in the sense that you are able to verify every roll that you undertake to be legitimate.
That's the most fascinating thing about gambling with crypto because I am a gambler for decades and the only thing that made me leave the traditional gambling for crypto gambling was this verifiable betting system and the overall provably fair scheme along with instant payments.

I think that another underrated trait of a good casino to play on is one that is not too tight about the KYC/AML requirements. Even if they are regulated, casinos can use certain KYC/AML requirements against you and hold your funds hostage while you conduct them.
That is unfortunately though becoming a trend even in the crypto casinos, they ask for KYC more often now and I think this is one area of concern because if I have to verify myself and if I am a sports bettor, I would 5 times more prefer betting on a solid site like bet365 than any of these incomplete crypto sites because honestly, they cannot match the fiat sportsbooks.

Crypto casinos are not asking for KYC yet but sportsbooks have started verifying players more and more for some unknown reason.
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June 27, 2021, 11:49:02 PM
 #68

You don't just want to trust that a casino is "honestly fair". You want it to be provably fair, in the sense that you are able to verify every roll that you undertake to be legitimate.
That's the most fascinating thing about gambling with crypto because I am a gambler for decades and the only thing that made me leave the traditional gambling for crypto gambling was this verifiable betting system and the overall provably fair scheme along with instant payments.

I think that another underrated trait of a good casino to play on is one that is not too tight about the KYC/AML requirements. Even if they are regulated, casinos can use certain KYC/AML requirements against you and hold your funds hostage while you conduct them.
That is unfortunately though becoming a trend even in the crypto casinos, they ask for KYC more often now and I think this is one area of concern because if I have to verify myself and if I am a sports bettor, I would 5 times more prefer betting on a solid site like bet365 than any of these incomplete crypto sites because honestly, they cannot match the fiat sportsbooks.

Crypto casinos are not asking for KYC yet but sportsbooks have started verifying players more and more for some unknown reason.

I believe the convenience of verifying your bets is one of the benefits of online casinos over traditional ones.
You can easily check the provable fairness of the game that you are playing with.
There are still top crypto sportsbooks here in the forum that don't require KYC.
Unless, maybe, they find your account suspicious or something unusual activity in your account.
Anyway, it is a matter of preference when playing on these casinos. Sometimes, you are comfortable on one site while you are agitated with another one.
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June 28, 2021, 11:05:28 AM
 #69

I feel going through the terms and conditions of an online casino before filling them should be considered most before thinking of using their platform to gamble a who lot of gambling sites have issues with withdraw and make the process frustrating. It's wiser not to jump into casino sites without properly going through it's terms and conditions

Not only terms and conditions but reviews and updates on their channel the best is to pin their telegram group and channel because this is where you will get any changes from their TOS and updates, upgrades, and maintenance, withdrawal big amount is always been the issue on most gambling site, you should always ready to go through what is being asked it's expected to clarify that your account is clean.


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June 28, 2021, 12:40:45 PM
 #70

I feel going through the terms and conditions of an online casino before filling them should be considered most before thinking of using their platform to gamble a who lot of gambling sites have issues with withdraw and make the process frustrating. It's wiser not to jump into casino sites without properly going through it's terms and conditions

Not only terms and conditions but reviews and updates on their channel the best is to pin their telegram group and channel because this is where you will get any changes from their TOS and updates, upgrades, and maintenance, withdrawal big amount is always been the issue on most gambling site, you should always ready to go through what is being asked it's expected to clarify that your account is clean.

A regular gambler who plays with a lot of money should definitely do it. But if you use gambling for recreational purposes than this could  be too much. Especially if we gamble on multiple casino sites than it becomes a lot of reading to stay up to date. Most casinos have an update atleast once every second week. I think it all comes down to how much time we spent gambling.

Most of them have Twitter accounts so following those is already enough to keep up to date on their platform. There is no need to join their telegram channel even if it is an official channel as most often this is a hotspot for scammers. Anyone can fake the mods or devs there to scam someone. If you need of help it is always better to contact their support directly on their platform. I haven't heard of any gambling platform that has their telegram channel until now.
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June 28, 2021, 02:56:05 PM
 #71

I feel going through the terms and conditions of an online casino before filling them should be considered most before thinking of using their platform to gamble a who lot of gambling sites have issues with withdraw and make the process frustrating. It's wiser not to jump into casino sites without properly going through it's terms and conditions
If everyone will be able to apply this, no gambler will be frustrated whenever they play in a casino. Some were not able to realize that not all casino should be trusted that's why it's better to check reviews or read here in forum whether that site is paying or able to do cashout without hassle. Though it's still okay to try new casinos but make sure not to put too much money in it.
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June 28, 2021, 03:09:03 PM
 #72

If everyone will be able to apply this, no gambler will be frustrated whenever they play in a casino.
I would like to rephrase that, if everyone just gambles for fun and only for a small amount of time then frustrations goes down because you aren't in there for profit, you want to have fun. Or a much better would be to stop gambling entirely and focus everything on accumulating and investing your money into something that grows like bitcoin and stocks.

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June 28, 2021, 03:19:17 PM
 #73

I feel going through the terms and conditions of an online casino before filling them should be considered most before thinking of using their platform to gamble a who lot of gambling sites have issues with withdraw and make the process frustrating. It's wiser not to jump into casino sites without properly going through it's terms and conditions

Not only terms and conditions but reviews and updates on their channel the best is to pin their telegram group and channel because this is where you will get any changes from their TOS and updates, upgrades, and maintenance, withdrawal big amount is always been the issue on most gambling site, you should always ready to go through what is being asked it's expected to clarify that your account is clean.

yeah right, reviews and updates about  the site, there are things that you needed to understand aside from reading what inside their terms and conditions, most of the time,

like what you have just said, big amount of money to withdraw always have verification that you needed to undergo,

make sure that you are fully aware and you are willing provide information that being asked for you to get your money
and to make sure that everything is clean inside your account.

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Lordhermes
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June 28, 2021, 03:38:15 PM
Last edit: June 28, 2021, 03:59:36 PM by Lordhermes
 #74

I wish I had the poise like you because if someone asked me to read the terms and conditions of a gambling site, I would have shouted at them. I cannot imagine myself reading those multiple pages TOS before registration although I fully agree with you that it is important since they may have some hidden rules that may trouble us later. I feel like so many players are using the casino and it should be alright and that is how I avoid reading TOS most of the time.
Lol, I don't even bother to read T&C of gambling sites at all, I believe whatever I'm wrong doing, the system will automatically notify me of what to do immediately, if actually am trying to withdraw less than the minimum, the systems will let me know, to me, reading terms and conditions of gambling site is waste of time.
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June 28, 2021, 04:12:29 PM
 #75

There is a lot of online casinos nowadays, the most important thing you must know is if that the casino must be trusted and have good security so that your earning will not just fly away because there are a lot of scammers out there and sometimes they are good at pretending and make you believe that you will win in their online casinos, so be careful. Also, about the security instances, there are those casinos that needed your information for you to withdraw a high amount if ever you win a huge. Be careful and understand what you put in it and make sure that they are not asking for your private key.
pawanjain
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June 28, 2021, 04:47:27 PM
 #76

Hi all fellow Bitcoin forum members.  I’ve been a gambler for most all my life.  Started gambling with bookies and in casinos and switched to online casino’s in the past 10 years.  Over the last few months I’ve been trying out some crypto currency casinos.  I really appreciate the traceability, anonymity, trackability, and speed of cash outs.  I am very bullish on Bitcoin and believe it’s a great currency to keep my disposable income in as it may make a profit while in possession.  What’s important for me in a casino is the following: superior customer service, honestly fair, regulated/licensed casinos, best lines and promotions and offer the best terms and conditions regarding pay outs and play.
Does anyone here have experiences with bitcoin casinos that are favorable? Am I missing any of critical traits that a good casino should have? 
Thanks,
Crypto_Capitalist


I have been gambling for quite a while now and I think one of the most important thing that gamblers consider while gambling online are the deposits and promotions.
Many gamblers choose those gambling sites where they get the option to deposit a wide variety of cryptocurrencies.
Many people like to have many options of coins to gamble with. Promotions also play a major role since most traders always like to receive good bonuses.
Bonuses can include deposit bonus, free spins, airdrop of coins, free tips, promo codes, premium services etc...
These things attracts a gambler and make him stay more on that particular website.

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ipanks
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June 29, 2021, 02:52:36 PM
 #77

I feel going through the terms and conditions of an online casino before filling them should be considered most before thinking of using their platform to gamble a who lot of gambling sites have issues with withdraw and make the process frustrating. It's wiser not to jump into casino sites without properly going through it's terms and conditions
If everyone will be able to apply this, no gambler will be frustrated whenever they play in a casino. Some were not able to realize that not all casino should be trusted that's why it's better to check reviews or read here in forum whether that site is paying or able to do cashout without hassle. Though it's still okay to try new casinos but make sure not to put too much money in it.
Many gamblers do not check the terms and conditions because they only want to test the site and play for some time. But after they feel that the site is what they are looking for, they will start to deposit, but they do not read about the TOS because they think it is only small money. But suddenly, they can win a lot of money, making them want to withdraw the win money. Some of them trying to check the TOS, but the other start to withdraw, and the problem appears. They realize what their mistake is and make them can not get the win money. From this, we really need to check the terms and conditions before we want to play gambling, especially if we want to deposit some money.



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June 30, 2021, 09:29:15 PM
 #78

I feel going through the terms and conditions of an online casino before filling them should be considered most before thinking of using their platform to gamble a who lot of gambling sites have issues with withdraw and make the process frustrating. It's wiser not to jump into casino sites without properly going through it's terms and conditions
Unfortunately many people never bother to do that, after all I understand that people do not want to do this for every single website they visit as that is a huge waste of time, but if you are going to put money in a website then you need to read their terms and conditions, after all it is very common that people later on complain about the casino being a scam, when in reality the casino is just applying the terms and conditions that the user accepted.
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