Vulnerabilities in gambling websites in past

[Lanatsa]

Well, if the exploit works and deprives casino customers of their funds, then it seems that the shares of the casino itself will no longer be worth anything, it's another matter if the casino has a sufficient reserve fund to cover the damage from hacker attacks and this does not necessarily mean investing in shares.

Getting bankrupt would really be depending on the funds been remained since there are casinos which does have cold wallets and doesnt store up all of their funds on casinos hot wallet
which does means that whenever they do get hacked fully or huge damage on lost funds then they would totally goes down compared into those platforms/casinos
who stored up their revenue on cold wallets which they do really have chance on have some recovery after the hacking or exploit.
It does really vary on the situation.

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[traderethereum]

Yes, it's natural for us to feel irritated to see transactions that have not been confirmed or not executed automatically because it makes us have to wait and wait, which is annoying.
If the casino has a problem with its transaction, it can immediately notify its members and ask them to delay withdrawing their funds for a while as it is being fixed.
Their members will understand this and comply with waiting for a while until the problem is finished.
The point is that when there is a problem, immediately make repairs because customer satisfaction is the main thing that business owners must consider.

It's a must for any casino to make sure that they are addressing customers especially in terms of withdrawing funds, that annoying period can be address with a good communication if in case there's really some problem that ongoing with the casino funds, it will lessen the worries and fear from the owner that money knowing that the support team are already working with his fund request.

Always have an open communication. It will add good trust between the gamblers and the casino owners.

If the delay take longer time, a good compensation can also be applied by the house. It's a consideration of what happens, a good way to express that sorry for inconvenience.

Communication is an easy way between the casino and its customers so that the casino can find out if their customers experience problems or whether the system is working properly.
Establishing communication with customers can also provide emotional closeness so that customers feel they own the casino and are comfortable being in the casino and playing various games without worry.
And it is the casino's job always to ensure its website can provide that convenience to its customers so that they don't move to another casino.
If customers feel satisfied, they will come back again just to play gambling and often spend a lot of time at the casino.

[Silberman]

This is also a reason why new casinos should spend extra of their budget on securities. A single exploit from a single casino could wipe their funds out and it could possibly be the reason they will be out in business in the future. Would anyone play on a new casino that have been exploited? I'm sure their current customers will rushing to cash out their money out on that casino.

Without a doubt casinos should spend a lot of money on securing their website, however it is one of those expenses that may not seem to be that important as it is not something you can easily see its effects until it is too late, like how casino can decide to use a new game provider and see the number of games explode almost overnight, security is way more discreet, but if it fails you can be sure that the effects will be massive as not many people are going to want to play in a casino that has been compromised in the past.

[Fredomago]

Communication is an easy way between the casino and its customers so that the casino can find out if their customers experience problems or whether the system is working properly.
Establishing communication with customers can also provide emotional closeness so that customers feel they own the casino and are comfortable being in the casino and playing various games without worry.
And it is the casino's job always to ensure its website can provide that convenience to its customers so that they don't move to another casino.
If customers feel satisfied, they will come back again just to play gambling and often spend a lot of time at the casino.

I agree and that's a good point there, casino are the one who needs to work with the customer just like how after sales when you are selling your doing business with the clients, with a kind of treatment you are assuring the players that they are special using your platform and they have a good place when they are playing, it will avoid them in moving or looking for another gambling site to play.

It's important, and it's really needed to be taken care for the business to run smoothly and have a good relation with the players who are using the services.

[smartaction]

Communication is an easy way between the casino and its customers so that the casino can find out if their customers experience problems or whether the system is working properly.
Establishing communication with customers can also provide emotional closeness so that customers feel they own the casino and are comfortable being in the casino and playing various games without worry.
And it is the casino's job always to ensure its website can provide that convenience to its customers so that they don't move to another casino.
If customers feel satisfied, they will come back again just to play gambling and often spend a lot of time at the casino.

I agree and that's a good point there, casino are the one who needs to work with the customer just like how after sales when you are selling your doing business with the clients, with a kind of treatment you are assuring the players that they are special using your platform and they have a good place when they are playing, it will avoid them in moving or looking for another gambling site to play.

It's important, and it's really needed to be taken care for the business to run smoothly and have a good relation with the players who are using the services.

Most casino sites have live chat and Telegram chatrooms or Discord room to maintain communication with their customers and resolve all user issues there. But the communication of some casino side is very fast and their admins are always active and some casino sites have their way of communication not working properly and admins are not active properly due to which the mind of users towards that casino has lost . So it is true that for a casino site to run well their communication system must be kept up to date and fast

[khaled0111]

Would anyone play on a new casino that have been exploited? I'm sure their current customers will rushing to cash out their money out on that casino.

Any casino or online website can get hacked. Whether and how this is going to affect their business doesn't depend on the hack itself but rather how they are going to react to the situation and their way of handling it.
If they will maintain the communication with their customers and be as transparent as possible when explaining what happened ans what they are going to do to prevent it from happening again and most importantly if they have enough funds to reimburse the victims, then it's unlikely they will lose their loyal customers.
Take binance as example. They got hacked not long ago and millions of dollars were stolen from their hot wallets but this didn't affect them. Actually, they become stronger than any time before.

[gunhell16]

Thats why we are really seeing updates and maintenances that happening on certain platforms which i would say that its a must thing to have and as said that hackers are getting more smarter and if things turns out

to be outdated specially on your site security then holes and exploits could really be happening thats why you should really be giving out importance or priority when it comes to security aspect.

Gambling business is big and profitable which its really that right that you would be mindful on protecting any possible abuse and hacks that could happen.

You said this correctly Sir, because every maintenance that is done on the platform, this is just proof that they have a platform that is being fixed and cleaned to improve and secure their clients in using their gambling platform. To prevent bugs and hackers from entering here.

This is the reason why they do it from time to time. So I understand it, because without it the gambling platform will be prone to hack for sure.

[LUCKMCFLY]

Vulnerabilities in crypto betting gambling / casino sites are a big nuisance for users service providers should do everything possible to avoid them such as hiring someone for anti hack security

Yes, in fact, in every casino there should always be a good constant review of computer security, however, in the past the greatest danger was hacking, which could be practiced from anywhere in the world, when hackers managed to enter the casino. casino intranet could make those disasters, now hackers use much more sophisticated algorithms, because now there is ransomware and many other things, this guarantees that a casino can have security, there are casinos that when a person deposits their funds, those funds are converted to the local currency of the casino, and the deposit is stored in a cold wallet, which seems great to me, but there are other ways to make it more secure. Just looking at the cases of the best casinos, stake.com, bitasino.io, Sportsbet, are casinos that have always had a great reputation and are the best in the forum, and it is because they spend a lot of money on their security, That is why insurance is always worth it.

[chaser15]

Most casino sites have live chat and Telegram chatrooms or Discord room to maintain communication with their customers and resolve all user issues there. But the communication of some casino side is very fast and their admins are always active and some casino sites have their way of communication not working properly and admins are not active properly due to which the mind of users towards that casino has lost . So it is true that for a casino site to run well their communication system must be kept up to date and fast

As always mentioned here in the gambling section, one of the good traits of the gambling site is to have good communication with its users.

Being well-communicated is the key to having a good relationship between the owner and its users. An active and properly maintained discussion channel for that specific group is one of the best assets of a gambling site. It can lead to a large community on that site and it will now slowly build the good reputation that every gambling site wants to achieve.

If it happened that a user landed on a gambling site where poor communication is being shown right away, don't hesitate to ignore that gambling site and found another one. The crypto-gambling world is so vast that there are lots of reputable sites to choose from.

[TimeTeller]

If you have noticed the vulnerability of betlucy recently you will know that abuse of casino systems is still prominent. All the scammers are looking for is just a gap to penetrate the site with the illegal activities that are all

With that being said, the casino itself should invest in their security protocols.
Because as we have seen, scammers will always find a way how to abuse the system.
They won't stop up until they are caught or banned or the site already done their security checks.
If you are holding a good amount of money that is not yours, or even yours, certainly, you should
do something to secure and protect it. If not, you will be the one who will lose in this market.

[khaled0111]

^^
What vulnerability are you referring to? Bitlucy was a scam casino and a big disappointment to this community but it didn't have any vulnerability, at least none that I heard of.
If you are talking about the no-deposit bonus they used to give to new users and got abused by cheaters, then that wasn't a vulnerability. The casino didn't care how many users claim the bonus as he had no intention to pay them anyway.

[Viscore]

The greatest vulnerability of the past is that they enter a casino and steal all the funds and then the casino has the capacity to respond to each of the players, all the casinos are in danger of that, but if a very large robbery occurs What casinos can be here to respond to that? It is known that a vulnerability is a failure of a casino, but players do not have to pay for that failure or bug.

Perhaps that was in it's infancy, wherein casino's are very vulnerable and maybe they don't have cold wallet and everything is in they hot wallet that's why hackers can get all their money. But security has involved already, and so far vulnerabilities are like people abusing the casino or even some exploits. But it can be quickly patch by the casino if they found out and that individual ban from them. Sometimes though, those exploits turns into a bug bounty for the gamblers.

Changes are now visible in most of the casinos these days as those who are prone to vulnerability before have started to lessen and improve their customer services. Although there are still events that trigger the casinos vulnerability, but mostly they are quickly addressed and solved. Good thing gamblers these days are now more educated and knowledgeable about gambling rules and policies.

[LUCKMCFLY]

Well, if the exploit works and deprives casino customers of their funds, then it seems that the shares of the casino itself will no longer be worth anything, it's another matter if the casino has a sufficient reserve fund to cover the damage from hacker attacks and this does not necessarily mean investing in shares.

Getting bankrupt would really be depending on the funds been remained since there are casinos which does have cold wallets and doesnt store up all of their funds on casinos hot wallet
which does means that whenever they do get hacked fully or huge damage on lost funds then they would totally goes down compared into those platforms/casinos
who stored up their revenue on cold wallets which they do really have chance on have some recovery after the hacking or exploit.
It does really vary on the situation.

That is why many casinos take the option of having their funds very safe in cold wallets, some make the same strategies that consist of putting their money there and then that the players play with local money from the same casino so that there is no problem with real money, usually there are few casinos that do this type of practice because the security to put it in the same casino must be very high, you cannot risk so much money so that a hacker with a lot of skill can access and take all the money, this is something that everyone is careful about, for that reason I think that's a very smart way to protect yourself.

[Silberman]

The greatest vulnerability of the past is that they enter a casino and steal all the funds and then the casino has the capacity to respond to each of the players, all the casinos are in danger of that, but if a very large robbery occurs What casinos can be here to respond to that? It is known that a vulnerability is a failure of a casino, but players do not have to pay for that failure or bug.

Perhaps that was in it's infancy, wherein casino's are very vulnerable and maybe they don't have cold wallet and everything is in they hot wallet that's why hackers can get all their money. But security has involved already, and so far vulnerabilities are like people abusing the casino or even some exploits. But it can be quickly patch by the casino if they found out and that individual ban from them. Sometimes though, those exploits turns into a bug bounty for the gamblers.

Changes are now visible in most of the casinos these days as those who are prone to vulnerability before have started to lessen and improve their customer services. Although there are still events that trigger the casinos vulnerability, but mostly they are quickly addressed and solved. Good thing gamblers these days are now more educated and knowledgeable about gambling rules and policies.

It is not as if those casinos have too much of an option, gamblers are becoming more sophisticated and now not only they want to have as many bonuses as it is possible for the casino to give them they also want to have the best security possible as we know that cryptocurrency transactions are irreversible, and casinos are answering to that demand since it is in their best interest to do so, because if they failed to do that and they were hacked then they will lose a great deal of their customers in a heartbeat.

[Oilacris]

That is why many casinos take the option of having their funds very safe in cold wallets, some make the same strategies that consist of putting their money there and then that the players play with local money from the same casino so that there is no problem with real money, usually there are few casinos that do this type of practice because the security to put it in the same casino must be very high, you cannot risk so much money so that a hacker with a lot of skill can access and take all the money, this is something that everyone is careful about, for that reason I think that's a very smart way to protect yourself.

The hardest thing one goes through is giving away your hard earned money through your own hand. And then repenting on it.
The wise man would not test the depth of the water with both feet. So better safe than sorry and stay away from trouble as much as you could.

When you do have lots of money whether physically or on digital ones then you are always susceptible to risk which means doesnt matter on where you are , you should really still be mindful
about security of your funds even though you are making yourself prepared but there's always those unexpected things.
Set security measures or having those options on how much you would be putting on a particular platform or making deposits but if you are just a small time gambler
then i dont see that it would really be just that a serious matter for you.

[LUCKMCFLY]

The greatest vulnerability of the past is that they enter a casino and steal all the funds and then the casino has the capacity to respond to each of the players, all the casinos are in danger of that, but if a very large robbery occurs What casinos can be here to respond to that? It is known that a vulnerability is a failure of a casino, but players do not have to pay for that failure or bug.

Not sure I understood what you meant to say in the first sentence but a vulnerability is a weakness in the security of the platform which,  when exploited, gives the attacker access to resources he is not supposed to have access to. Depending on the severity of the vulnerability, the attacker may get access to users data, hot wallets or even get root privileges.
I agree with you that the security of the casino is the responsibility of the casino's owners and they are accountable for any losses their customers may suffer if their security get breached. But we learned from past incidences that when an online service get hacked, they will just shut down their doors and no victims were compensated.

I also understand that just as you say it, but you have to see if the casino is relatively new, because new casinos tend to exploit even the slightest vulnerability, either with bonuses, Welcome bonuses and even more so when they give free money to try their sites and make them able to withdraw, when they give free money and there are no precondition requirements, it is something that can be exploited to the fullest, I have seen how really new casinos are bankrupted by this simple mistake, for me the conditions must be clear and not just anyone come in with a bot and make an implosion of this.

That is why many casinos take the option of having their funds very safe in cold wallets, some make the same strategies that consist of putting their money there and then that the players play with local money from the same casino so that there is no problem with real money, usually there are few casinos that do this type of practice because the security to put it in the same casino must be very high, you cannot risk so much money so that a hacker with a lot of skill can access and take all the money, this is something that everyone is careful about, for that reason I think that's a very smart way to protect yourself.

The hardest thing one goes through is giving away your hard earned money through your own hand. And then repenting on it.
The wise man would not test the depth of the water with both feet. So better safe than sorry and stay away from trouble as much as you could.

When you do have lots of money whether physically or on digital ones then you are always susceptible to risk which means doesnt matter on where you are , you should really still be mindful
about security of your funds even though you are making yourself prepared but there's always those unexpected things.
Set security measures or having those options on how much you would be putting on a particular platform or making deposits but if you are just a small time gambler
then i dont see that it would really be just that a serious matter for you.

You are right, well for them it is always good to have risk management so as not to decapitalize, I have seen how people who have a lot of money have lost much of what they have because they do not mind making large bets from a point in the game where ' they think they are going to win and no, it is all a matter of putting into context what they are capable of losing, and as I have said before, many people enter a casino thinking about what they are going to win, not what they are going to losing, then it is a very big mistake, for me these things have to do with the type of personality of the people, whether or not they are good at spending and being responsible in what they do, it is incredible, but a person organized in their expenses does not Losing money like this is allowed.

[ethereumhunter]

That is why many casinos take the option of having their funds very safe in cold wallets, some make the same strategies that consist of putting their money there and then that the players play with local money from the same casino so that there is no problem with real money, usually there are few casinos that do this type of practice because the security to put it in the same casino must be very high, you cannot risk so much money so that a hacker with a lot of skill can access and take all the money, this is something that everyone is careful about, for that reason I think that's a very smart way to protect yourself.

The hardest thing one goes through is giving away your hard earned money through your own hand. And then repenting on it.
The wise man would not test the depth of the water with both feet. So better safe than sorry and stay away from trouble as much as you could.

When you do have lots of money whether physically or on digital ones then you are always susceptible to risk which means doesnt matter on where you are , you should really still be mindful about security of your funds even though you are making yourself prepared but there's always those unexpected things.
Set security measures or having those options on how much you would be putting on a particular platform or making deposits but if you are just a small time gambler then i dont see that it would really be just that a serious matter for you.

No matter how much money we have, we really have to implement security measures and know how much we can deposit into our gambling accounts so that if something happens at the casino, it won't pose a huge risk to us. If we want to test a casino site, use the money we can afford to lose rather than risk a huge loss. That means we have tried to be responsible and wise gamblers because we don't deposit much money directly into the casino. In addition, we also want to see how safe the casino is before we deposit money again to play gambling.

[Fredomago]

The greatest vulnerability of the past is that they enter a casino and steal all the funds and then the casino has the capacity to respond to each of the players, all the casinos are in danger of that, but if a very large robbery occurs What casinos can be here to respond to that? It is known that a vulnerability is a failure of a casino, but players do not have to pay for that failure or bug.

Perhaps that was in it's infancy, wherein casino's are very vulnerable and maybe they don't have cold wallet and everything is in they hot wallet that's why hackers can get all their money. But security has involved already, and so far vulnerabilities are like people abusing the casino or even some exploits. But it can be quickly patch by the casino if they found out and that individual ban from them. Sometimes though, those exploits turns into a bug bounty for the gamblers.

Changes are now visible in most of the casinos these days as those who are prone to vulnerability before have started to lessen and improve their customer services. Although there are still events that trigger the casinos vulnerability, but mostly they are quickly addressed and solved. Good thing gamblers these days are now more educated and knowledgeable about gambling rules and policies.

It is not as if those casinos have too much of an option, gamblers are becoming more sophisticated and now not only they want to have as many bonuses as it is possible for the casino to give them they also want to have the best security possible as we know that cryptocurrency transactions are irreversible, and casinos are answering to that demand since it is in their best interest to do so, because if they failed to do that and they were hacked then they will lose a great deal of their customers in a heartbeat.

They will lose trust and that's what the important part of the business, trust between the services and the users if those clients lose trust the business will die, not just because of the promotions and bonuses but also clients consider how trustful the service from the casino if they will not feel the security then it will turn them away from the house. It should be taken care of accordingly and how most of the casinos are implementing, if possible, to provide details and some perks if ever delays or some reviews that needed to process. House needs to address it.

No matter how much money we have, we really have to implement security measures and know how much we can deposit into our gambling accounts so that if something happens at the casino, it won't pose a huge risk to us. If we want to test a casino site, use the money we can afford to lose rather than risk a huge loss. That means we have tried to be responsible and wise gamblers because we don't deposit much money directly into the casino. In addition, we also want to see how safe the casino is before we deposit money again to play gambling.

Test the water before diving in, it's important to use the amount that you are willing to lose, especially if you are using a new site or you are in the process of testing the services, keep in mind that you are not just gambling but you are also risking your money with the new platform that you are using, unsure if you can withdraw the money that you deposited, so better to consider it as well.

[paxmao]

Well, if the exploit works and deprives casino customers of their funds, then it seems that the shares of the casino itself will no longer be worth anything, it's another matter if the casino has a sufficient reserve fund to cover the damage from hacker attacks and this does not necessarily mean investing in shares.

Getting bankrupt would really be depending on the funds been remained since there are casinos which does have cold wallets and doesnt store up all of their funds on casinos hot wallet
which does means that whenever they do get hacked fully or huge damage on lost funds then they would totally goes down compared into those platforms/casinos
who stored up their revenue on cold wallets which they do really have chance on have some recovery after the hacking or exploit.
It does really vary on the situation.

That is why many casinos take the option of having their funds very safe in cold wallets, some make the same strategies that consist of putting their money there and then that the players play with local money from the same casino so that there is no problem with real money, usually there are few casinos that do this type of practice because the security to put it in the same casino must be very high, you cannot risk so much money so that a hacker with a lot of skill can access and take all the money, this is something that everyone is careful about, for that reason I think that's a very smart way to protect yourself.

Yes, it is normal to take all short of precautions, although I think that many of the so called "hacks" are really people who setup the site and the do an exit scam of some short. Crypto and safety are a difficult match, casinos are just like any other site and anyone should consider what are the risks involved not only with the betting, but with where you bet.

[danadc]

The hardest thing one goes through is giving away your hard earned money through your own hand. And then repenting on it.
The wise man would not test the depth of the water with both feet. So better safe than sorry and stay away from trouble as much as you could.

I don't understand what you mean, are you trying to say that you shouldn't play to take care of yourself? I know that all the casinos have a lot of money that they invest so that they do not launch attacks that could destroy all their work, but we can enter casinos where we play and we are confident making our plays and we have no idea if they are going to steal them or not, I have seen that in casinos they always say that players with 2fa should do and have security and if they say that it is because they know that they can respond for money problems to the players who have it, they say that it gives more security.

I always in all the casinos that have it active, I know that a casino is not sure that they are not invincible.