BALIK
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🍓 BALIK Never DM First
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November 30, 2020, 08:17:31 PM |
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The only regrettable thing is that payouts are not automatic yet. They could build that in up to a certain amount. If it doesn't happen automatically, but within a few hours then it's still okay, Depending on the amount.
I think this is all in progress at the moment. Of course, with more scalability comes more automation. Let's not forget that this Esport casino is relatively new and perhaps now is in its fully pledged, testing stages where I suppose any comments from the community will be carefully considered.
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barbaron
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November 30, 2020, 08:21:47 PM |
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Hello @Adkinsbet,
The whole idea of implement deposit via USDT or having possibility to convert BTC, LTC, Dash etc. to EUR or USD is to protect customers from the big volatility of crypto assets. Everybody can easily convert mBTC or BTC into USD or EUR, there is so much online convertors available. Just an example - few days ago 1 BTC was equivalent to 19000 USD. After that the rate fall to 17200 USD. So let assume I have bought at exchanges 1 BTC for rate of 19200 USD, place a bet and in case I have won, but exchange rate of BTC fall to 17200 USD, do I have really won? No, I have realize huge loss!
That is the reason to ask for implementing of deposits via some stable coin like USDT, or possibility to convert crypto assets into EUR, USD or GBP.
The idea is to protect hard earned money from volatility of the crypto assets.
Thank You!
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MI6
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November 30, 2020, 08:33:50 PM |
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Hello @Adkinsbet,
The whole idea of implement deposit via USDT or having possibility to convert BTC, LTC, Dash etc. to EUR or USD is to protect customers from the big volatility of crypto assets. Everybody can easily convert mBTC or BTC into USD or EUR, there is so much online convertors available. Just an example - few days ago 1 BTC was equivalent to 19000 USD. After that the rate fall to 17200 USD. So let assume I have bought at exchanges 1 BTC for rate of 19200 USD, place a bet and in case I have won, but exchange rate of BTC fall to 17200 USD, do I have really won? No, I have realize huge loss!
That is the reason to ask for implementing of deposits via some stable coin like USDT, or possibility to convert crypto assets into EUR, USD or GBP.
The idea is to protect hard earned money from volatility of the crypto assets.
Thank You!
You do have a point that you would still lose in your situation. It can also go in the right direction, then you have a double profit with your bet. The rate can be a real rollercoaster these days and weeks. Probably months and years too. Adkinsbet wrote that it would be implemented later in the week. If I wear you, and you want stability and protection from the bitcoin, you should register after they made the implementation(in case you did not registered already)
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barbaron
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November 30, 2020, 08:39:52 PM |
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If I wear you, and you want stability and protection from the bitcoin, you should register after they made the implementation(in case you did not registered already)
@MI6 Thank You for the advice! I have not register yet and I will wait for confirmation from Adkinsbet, that the above functionality is implemented into Adkinsbet's system.
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gadado
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November 30, 2020, 09:49:55 PM |
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I think it was also a good suggestion about those different currencies that a user can choose. It has probably already been mentioned superficially, but it has not been clearly portrayed. I am curious how long such an adjustment will take. Personally, I prefer to play in mbtc, but I don't use an exchange and have the bitcoins in my wallet. Then it doesn't matter that much. from your bank account to an exchange and then buy bitcoins and the other way round, then the message from barbaron makes sense. I also don't know how many bookies have implemented this either.
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Cacingkemi
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November 30, 2020, 11:40:31 PM |
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If they have done that, it seems to me that the next step would be to automatically process payments once. I understand that this cannot go to infinite amounts, but small amounts should not cause any problems. Making a risk analysis.
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imutlinda
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November 30, 2020, 11:47:32 PM |
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If they have done that, it seems to me that the next step would be to automatically process payments once. I understand that this cannot go to infinite amounts, but small amounts should not cause any problems. Making a risk analysis.
Many users will like it when a payout is processed automatically. The only one who is not happy with that is the casino or the sportsbook. I also don't think this is something that many betting sites will use. Then the entire revenue model is gone. Then the risk is much higher of getting a loss. And apart from that, realizing such a thing doesn't seem easy to me.
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hd49728
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December 01, 2020, 05:03:20 AM |
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The whole idea of implement deposit via USDT or having possibility to convert BTC, LTC, Dash etc. to EUR or USD is to protect customers from the big volatility of crypto assets. Everybody can easily convert mBTC or BTC into USD or EUR, there is so much online convertors available. Just an example - few days ago 1 BTC was equivalent to 19000 USD. After that the rate fall to 17200 USD. So let assume I have bought at exchanges 1 BTC for rate of 19200 USD, place a bet and in case I have won, but exchange rate of BTC fall to 17200 USD, do I have really won? No, I have realize huge loss!
Investment and gambling are different and you can not say you are invest on crypto gambling site while you are gambling. I know your reasons and it is good to have USDT on Adkinsbet site but don't mix up gambling and invest. I see Adkinsbet disclosed the upcoming appearances of Ethereum and some other currencies. We've already started working on this so that future users will have the option to sign up and then choose their currency. We will then offer mBTC plus 5-10 other currency choices for the users. We hope that this can be implemented in a few days. mBTC, EUR ,USD ,GBP will be on the list, together with about 6 other currencies.
With Ethereum, USDT can be added later on ERC20 chain. I suggest the Adkinsbet consider to provide USDT on TRC20. Cheaper fees than on ERC20 and gamblers will do support it. We certainly have plans to add more coins. The next coin we will add will be Ethereum. We are already working in that.
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yayayo
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December 01, 2020, 08:18:07 AM |
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Let's hope they will consider it too. I think the ERC20 is much better since they will already going to add Ethereum too but I think based on the fee was that usually high when it is an ERC20 chain?
ya.ya.yo!
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codegnome
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Betking.io - Best Bitcoin Casino
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December 01, 2020, 08:53:24 AM |
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They can also just add the USD instead of USDT. I understand that represents the same value, except for a tiny difference) 1 versus 1,0005 Such a difference is still negligible  We will see what they come up with.
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qory
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December 01, 2020, 10:06:04 AM |
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They can also just add the USD instead of USDT. I understand that represents the same value, except for a tiny difference) 1 versus 1,0005 Such a difference is still negligible  We will see what they come up with. I think users are talking about the USDT to be added on the website and the feature of built-in exchange I think for me that's a bit of a work maybe we should just wait for them to finish their mobile version and implement the Ethereum and the feature of managing to see the value of your coin to fiat currency.
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darewaller
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December 01, 2020, 10:30:11 AM |
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^I do not believe that USDT is much needed to keep continue gambling knowing the usd value of your coins, but I also do not see the downside of it neither. If you are gambling with huge amounts in a crypto casino, you should be gambling with crypto in mind and not USD because at the end of the day you have picked a casino that is crypto based and not dollar based so why focus on the dollar value.
However just because there are people like me who would like to gamble with crypto and prefer crypto casinos for that reason, doesn't mean that we should not focus on the places that accepts USDT neither, we could have both. If it was "either pick btc or usdt, the one you picked will stay the other will go" that would be bad but since it is both available there is nothing wrong with it.
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BlackFor3st
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December 01, 2020, 12:44:15 PM |
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It will not be a problem for people who are known in the crypto world. There are also people who are used to gambling with real money and perhaps with the exception of Bitcoin. Then when they see USDT, they may not have a clue what it is and may not trust it. USD is a better option from some point of view. The problem you do get is if a user registers with USD that he then assumes that he may not be able to deposit with bitcoins, but only with traditional payment methods.
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rijaljun
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December 01, 2020, 01:23:55 PM |
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Let's just wait for the Adkinsbet update about this topic I think they know the best for their website maybe we could just hear their opinion when they updated here on their thread.
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MishaYo
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Activity: 148
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December 01, 2020, 03:07:38 PM |
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nice bookmaker... iam waiting yuor comments here my first bet: Al-Wahda Abu Dhabi - Al Dhafra Al Dhafra Total.1 Half: Total Over 0.5 win and was void https://prnt.sc/vto4gnCoupon Id: B606833909 my second bet: Al-Wahda Abu Dhabi - Al Dhafra Al Dhafra Total.1 Half: Total Under 1.5 win and was void https://prnt.sc/vto52pCoupon Id: B606833989 Correct score after 1Half 0-1 so? please comment. why have my bets been canceled? we can only lose here? is this a scam project?
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gadado
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December 01, 2020, 03:53:25 PM |
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nice bookmaker... iam waiting yuor comments here my first bet: Al-Wahda Abu Dhabi - Al Dhafra Al Dhafra Total.1 Half: Total Over 0.5 win and was void https://prnt.sc/vto4gnCoupon Id: B606833909 my second bet: Al-Wahda Abu Dhabi - Al Dhafra Al Dhafra Total.1 Half: Total Under 1.5 win and was void https://prnt.sc/vto52pCoupon Id: B606833989 Correct score after 1Half 0-1 so? please comment. why have my bets been canceled? we can only lose here? is this a scam project? Is this a scam project? I think this has nothing to do with scam, but with a very unlogical pattern from your bet (what I can see from your betslip). So you placed a bet from 13.80 mBTC on odds at 5.25? Who in the world would do that? How much did you deposited?
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BTCGOLD
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December 01, 2020, 03:57:39 PM |
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This image he posted from his bet is very suspicious. Perhaps somebody like the last week group, some arbitrage bettors trying to take advantage of the loyalty from a new bookmaker? Like gadado mentioned, wo would place such an amount at odds to get a goal scored? Bets like this would be only possible if you are almost at Half time, like in the 41th minute. 
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aomakun
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JangaCams.com
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December 01, 2020, 04:03:41 PM |
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Is he really honestly trying to tell us that he has put in about 200$ that there should be a goal in the last 5 minutes of the first half? I wouldn't do that if I were drunk. Or I have to have a bankroll of 1000 mBTC then I would do it for fun, but yeah maybe if I am drunk. Maybe he can indicate what his balance is / was? If his bankroll was 1000 mBTC then it could make sense.
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MishaYo
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December 01, 2020, 04:09:40 PM |
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BTCGOLD, gadado how much money do you get for protecting a scam project?
in this case the bookmaker accepted my bet! and this bet won! - what other questions do you have? why do you see a coupon with an accepted bet, which the bookmaker did not want to pay, start protecting the bookmaker? do you work together?
my bet was placed about 40 minutes into the match. why I made such a bet is known only to me! just like any other bets made by players! for this the bookmaker and offers to accept them! sometimes they win, sometimes they lose. as a result - my bet won! I want to receive my winnings!
if the bookmaker refuses to pay for the accepted bets, then this is a scam project! There are a lot of such bookmakers on the market! but what surprises me is that they just recently bought a license and are already starting to cancel winnings!
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ongkok87
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December 01, 2020, 04:14:42 PM |
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BTCGOLD, gadado how much money do you get for protecting a scam project?
in this case the bookmaker accepted my bet! and this bet won! - what other questions do you have? why do you see a coupon with an accepted bet, which the bookmaker did not want to pay, start protecting the bookmaker? do you work together?
my bet was placed about 40 minutes into the match. why I made such a bet is known only to me! just like any other bets made by players! for this the bookmaker and offers to accept them! sometimes they win, sometimes they lose. as a result - my bet won! I want to receive my winnings!
if the bookmaker refuses to pay for the accepted bets, then this is a scam project! There are a lot of such bookmakers on the market! but what surprises me is that they just recently bought a license and are already starting to cancel winnings!
I think we know what you mean by this. Probably there was an issue with the VAR or do you have access to streaming. Bookmakers are known to have a delay of a few seconds on odds, and the VAR can be quite big. You cannot place the responsibility with the bookmaker. You have probably deliberately tried to abuse the system yourself, so it makes sense that your bet will be canceled, right? You write that it is a scam project, but in fact you are the scammer doing arbitrage betting.
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