PX-Z
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 27, 2022, 11:04:17 AM |
|
Well, if you consider smart contracts and cryptocurrencies of blockchains like for example, the Binance Smart Chain, then you pay mere cents for each bet. That does not sound like a lot to me? So you pay 14 cents and you bet instead of 1 USD, 86 cents. if you want. Seems fair. Even for the poorest among us, that kind of gambling should be affordable. Most bet at least 10 USD so the 14 cent fee won't even be noticable.
Perhaps there can be some sort of bonus system to even out the fees?
Then 1$~ish fee for every 10 bets is still not reasonable no matter what's the amount use to bet. Plus not so many are fond using tokens to play which mostly can only get from swaps or so. If the gambling website will not implement bitcoin as payment option since the platform is made for smart contract I'm afraid it will be popular as what gambling website in this board.
|
|
|
|
wxa7115
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 27, 2022, 08:59:25 PM |
|
Well perhaps leaving your crypto on a gambling casino wallet is still good for a short period of time like a day or weeks, beyond that --that is too risky.
The problem here is that you don't know when a hack will happen. So, it doesn't really matter for how long you leave your cryptos on the casino. But, surely, the shorter the less risky! ( not your keys not your money). The goud thing, though, is that the money used for gambling is supposed to be a money you can afford to lose and you are supposed to be aware of the risks involved. On the other hand, I believe securing customers funds is mainly the responsibility of the casino. The least they can do is to have a hot/cold wallet setup. This way even if they get hacked most funds will remain safe and it won't result in their bankruptcy. That uncertainty about when a hack could happen gives hackers a great advantage, for example if they have discovered a vulnerability in the code of the casino from which they can get money instead of using it right away they can just wait until they hot wallet is full again and steal more money than if they just tried the hack at a random time. And if they hackers are even more devious then they could wait until a whale decides to withdraw their money and the casino is forced to move more money than what they are used to into their hot wallet and then steal the money, giving themselves even more money and damaging the casino even more.
|
|
|
|
Silberman
Legendary
Offline
Activity: 2632
Merit: 1360
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 01, 2022, 07:21:01 PM |
|
The problem here is that you don't know when a hack will happen. So, it doesn't really matter for how long you leave your cryptos on the casino. But, surely, the shorter the less risky! (not your keys not your money). You must always assume that when playing in your casino, any violation of their TOS will get you in trouble of course if you happens to play in a scam casino you are surely going to lose your money You should always have to assume such things and other risks. These days it's hard to discern what a scam casino is so sticking around to old ones are the best course to do instead of changing from time to time or relying on these new casinos, most of new ones are an outright scam. It is true that there is always a risk when playing at casinos that do not really have a long history in this market, however as long as people are prudent with their gambling then most of the time they are not going to have too much of a problem with those casinos, however the biggest risk at least when it comes to the topic at hand is to play in a casino that is relatively new but that got recent success, as that is the perfect scenario for a hacker to try to get some money as it is unlikely the security is as good as what they can find in established casinos and as such are easier to hack.
|
|
|
|
nakamura12
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 01, 2022, 07:29:27 PM |
|
It is true that there is always a risk when playing at casinos that do not really have a long history in this market, however as long as people are prudent with their gambling then most of the time they are not going to have too much of a problem with those casinos, however the biggest risk at least when it comes to the topic at hand is to play in a casino that is relatively new but that got recent success, as that is the perfect scenario for a hacker to try to get some money as it is unlikely the security is as good as what they can find in established casinos and as such are easier to hack.
Not all new casinos are easier to hack but we can't deny that some are hacked when the casino success or starting to gain the gambler's trust. Even the old ones are hackable if the hacker finds a flaws in that casino then it will be most likely to get exploited by the hacker that will result in loss of funds or accounts of the gamblers. That's why casinos always work to make the security even more secured and find which is the reason why it got hacked and then fix it.
|
| | | | | | | ███▄▀██▄▄ ░░▄████▄▀████ ▄▄▄ ░░████▄▄▄▄░░█▀▀ ███ ██████▄▄▀█▌ ░▄░░███▀████ ░▐█░░███░██▄▄ ░░▄▀░████▄▄▄▀█ ░█░▄███▀████ ▐█ ▀▄▄███▀▄██▄ ░░▄██▌░░██▀ ░▐█▀████ ▀██ ░░█▌██████ ▀▀██▄ ░░▀███ | | ▄▄██▀▄███ ▄▄▄████▀▄████▄░░ ▀▀█░░▄▄▄▄████░░ ▐█▀▄▄█████████ ████▀███░░▄░ ▄▄██░███░░█▌░ █▀▄▄▄████░▀▄░░ █▌████▀███▄░█░ ▄██▄▀███▄▄▀ ▀██░░▐██▄░░ ██▀████▀█▌░ ▄██▀▀██████▐█░░ ███▀░░ | | | | |
|
|
|
Mahanton
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 01, 2022, 08:52:48 PM |
|
It is true that there is always a risk when playing at casinos that do not really have a long history in this market, however as long as people are prudent with their gambling then most of the time they are not going to have too much of a problem with those casinos, however the biggest risk at least when it comes to the topic at hand is to play in a casino that is relatively new but that got recent success, as that is the perfect scenario for a hacker to try to get some money as it is unlikely the security is as good as what they can find in established casinos and as such are easier to hack.
Not all new casinos are easier to hack but we can't deny that some are hacked when the casino success or starting to gain the gambler's trust. Even the old ones are hackable if the hacker finds a flaws in that casino then it will be most likely to get exploited by the hacker that will result in loss of funds or accounts of the gamblers. That's why casinos always work to make the security even more secured and find which is the reason why it got hacked and then fix it. For newly launched casinos then you could initially able to determine on which one is something that scammy and which one is a serious business basing off with some factors specially on design and overall around. Security is just a basic or standard thing for a business owner to mind off since this would really be a profitable business and involves big money if this business succeeds on which it would be normal that you would really need to secure in terms of handling out the business well.NOthing is unhackable but you could take precautionary measures for you to avoid.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
LUCKMCFLY
Legendary
Offline
Activity: 2534
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 02, 2022, 06:14:01 AM |
|
Well perhaps leaving your crypto on a gambling casino wallet is still good for a short period of time like a day or weeks, beyond that --that is too risky.
The problem here is that you don't know when a hack will happen. So, it doesn't really matter for how long you leave your cryptos on the casino. But, surely, the shorter the less risky! ( not your keys not your money). The goud thing, though, is that the money used for gambling is supposed to be a money you can afford to lose and you are supposed to be aware of the risks involved. On the other hand, I believe securing customers funds is mainly the responsibility of the casino. The least they can do is to have a hot/cold wallet setup. This way even if they get hacked most funds will remain safe and it won't result in their bankruptcy. Well, that measure is a great idea, you can clearly see that what is safe is what works, if you take that idea I think they would be covering their backs in the face of any eventuality of hacks, and thus they can avoid a bad time, I don't know if the Famous casinos will have that security, because I understand that one of the things that a casino platform spends the most on is security. Although there are currently few casinos that have experienced this type of attack and have been successful, that is why the 2FA security layer is always very necessary for users.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
khaled0111
Legendary
Offline
Activity: 2646
Merit: 3000
Top Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 02, 2022, 08:35:03 PM |
|
I don't know if the Famous casinos will have that security, because I understand that one of the things that a casino platform spends the most on is security.
Any respectful crypto service that cares about its clients and the safety of their funds, must have a hot/cold wallet setup. And, tbh, most of the reputable casinos I know of have such implementation. The only problem is that some of them keep in their hot wallets more coins than needed which render it useless. Although there are currently few casinos that have experienced this type of attack and have been successful, that is why the 2FA security layer is always very necessary for users.
Unfortunately, 2fa won't help if the website itself is compromised.
|
|
|
|
Silberman
Legendary
Offline
Activity: 2632
Merit: 1360
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 04, 2022, 06:50:17 PM |
|
It is true that there is always a risk when playing at casinos that do not really have a long history in this market, however as long as people are prudent with their gambling then most of the time they are not going to have too much of a problem with those casinos, however the biggest risk at least when it comes to the topic at hand is to play in a casino that is relatively new but that got recent success, as that is the perfect scenario for a hacker to try to get some money as it is unlikely the security is as good as what they can find in established casinos and as such are easier to hack.
Not all new casinos are easier to hack but we can't deny that some are hacked when the casino success or starting to gain the gambler's trust. Even the old ones are hackable if the hacker finds a flaws in that casino then it will be most likely to get exploited by the hacker that will result in loss of funds or accounts of the gamblers. That's why casinos always work to make the security even more secured and find which is the reason why it got hacked and then fix it. For newly launched casinos then you could initially able to determine on which one is something that scammy and which one is a serious business basing off with some factors specially on design and overall around. Security is just a basic or standard thing for a business owner to mind off since this would really be a profitable business and involves big money if this business succeeds on which it would be normal that you would really need to secure in terms of handling out the business well.NOthing is unhackable but you could take precautionary measures for you to avoid. While security it is a place in which a casino should invest heavily to protect themselves from threats like hackers, some casinos try to lower their costs and decide to slash their security budget as this is something that cannot be seen by the player and many times it is just assumed that the casino is doing everything they can to protect their customers, however later on those casinos are found by hackers and that is when we hear of the massive hacks that can happen to casinos and exchanges as their security was not up to the standards required in the industry to secure the funds of their customers.
|
|
|
|
carlfebz2
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 04, 2022, 07:24:01 PM |
|
It is true that there is always a risk when playing at casinos that do not really have a long history in this market, however as long as people are prudent with their gambling then most of the time they are not going to have too much of a problem with those casinos, however the biggest risk at least when it comes to the topic at hand is to play in a casino that is relatively new but that got recent success, as that is the perfect scenario for a hacker to try to get some money as it is unlikely the security is as good as what they can find in established casinos and as such are easier to hack.
Not all new casinos are easier to hack but we can't deny that some are hacked when the casino success or starting to gain the gambler's trust. Even the old ones are hackable if the hacker finds a flaws in that casino then it will be most likely to get exploited by the hacker that will result in loss of funds or accounts of the gamblers. That's why casinos always work to make the security even more secured and find which is the reason why it got hacked and then fix it. For newly launched casinos then you could initially able to determine on which one is something that scammy and which one is a serious business basing off with some factors specially on design and overall around. Security is just a basic or standard thing for a business owner to mind off since this would really be a profitable business and involves big money if this business succeeds on which it would be normal that you would really need to secure in terms of handling out the business well.NOthing is unhackable but you could take precautionary measures for you to avoid. While security it is a place in which a casino should invest heavily to protect themselves from threats like hackers, some casinos try to lower their costs and decide to slash their security budget as this is something that cannot be seen by the player and many times it is just assumed that the casino is doing everything they can to protect their customers, however later on those casinos are found by hackers and that is when we hear of the massive hacks that can happen to casinos and exchanges as their security was not up to the standards required in the industry to secure the funds of their customers. If they wont really be putting up some importance on security neither they are running off a casino or exchange then it would surely be having that toll or effect later on which they shouldnt really be that confident. Not only players could exploit possible security lapses or those common hackers around on trying out to snip if they could really bypass any service or platforms security and these are indeed common targets. Somehow only few incidents that we are seeing about hacking incidents but we shouldnt really be that too confident.
|
|
|
|
khaled0111
Legendary
Offline
Activity: 2646
Merit: 3000
Top Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 04, 2022, 09:01:35 PM |
|
While security it is a place in which a casino should invest heavily to protect themselves from threats like hackers, some casinos try to lower their costs and decide to slash their security budget as this is something that cannot be seen by the player and many times it is just assumed that the casino is doing everything they can to protect their customers, however later on those casinos are found by hackers and that is when we hear of the massive hacks that can happen to casinos and exchanges as their security was not up to the standards required in the industry to secure the funds of their customers.
" Prevention is better than cure." If the casino owners want to have a successful casino and be able to compete then the security of their platform must be one of their highest priorities. Besides, in case they get hacked they will lose way more than what they would've saved by lowering the security budget. It's not only about money, if they get hacked they will lose the trust of their customers which will be hard to regain.
|
|
|
|
goldkingcoiner
Legendary
Offline
Activity: 2170
Merit: 1927
Verified Bitcoin Hodler
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 04, 2022, 09:51:59 PM |
|
Well, if you consider smart contracts and cryptocurrencies of blockchains like for example, the Binance Smart Chain, then you pay mere cents for each bet. That does not sound like a lot to me? So you pay 14 cents and you bet instead of 1 USD, 86 cents. if you want. Seems fair. Even for the poorest among us, that kind of gambling should be affordable. Most bet at least 10 USD so the 14 cent fee won't even be noticable.
Perhaps there can be some sort of bonus system to even out the fees?
Then 1$~ish fee for every 10 bets is still not reasonable no matter what's the amount use to bet. Plus not so many are fond using tokens to play which mostly can only get from swaps or so. If the gambling website will not implement bitcoin as payment option since the platform is made for smart contract I'm afraid it will be popular as what gambling website in this board. Of course its reasonable? If you care about your privacy and your wallet not having someone elses hand in it, then you want decentralization. And if you have to pay a dollar for every 10 bets you make, then thats just the price of freedom. Think of it as a fee. And for that fee, nobody can freeze your account or take your funds from you. Seems like a fair bargain to me. And it might make people think a bit harder/carefully on the kind of bets they wish to make.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
nakamura12
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 04, 2022, 09:52:13 PM |
|
If they wont really be putting up some importance on security neither they are running off a casino or exchange then it would surely be having that toll or effect later on which they shouldnt really be that confident.
Not only players could exploit possible security lapses or those common hackers around on trying out to snip if they could really bypass any service or platforms security and these are indeed common targets.
Somehow only few incidents that we are seeing about hacking incidents but we shouldnt really be that too confident.
Yeah and I won't be too confident if I am a casino site owner. It is not a good practice if you won't upgrade the security of the site and as what khaled0111 said, prevention is better than cure. It's better to be safe than sorry and it would be a problem if ever the platform you own is hacked and hacker was able to get some funds even if it's not all of it but refunding your customers would be a huge loss on profit plus the customers won't be confident enough to gamble in a site as what khaled0111 said which is they will lose the trust of their customers.
|
| | | | | | | ███▄▀██▄▄ ░░▄████▄▀████ ▄▄▄ ░░████▄▄▄▄░░█▀▀ ███ ██████▄▄▀█▌ ░▄░░███▀████ ░▐█░░███░██▄▄ ░░▄▀░████▄▄▄▀█ ░█░▄███▀████ ▐█ ▀▄▄███▀▄██▄ ░░▄██▌░░██▀ ░▐█▀████ ▀██ ░░█▌██████ ▀▀██▄ ░░▀███ | | ▄▄██▀▄███ ▄▄▄████▀▄████▄░░ ▀▀█░░▄▄▄▄████░░ ▐█▀▄▄█████████ ████▀███░░▄░ ▄▄██░███░░█▌░ █▀▄▄▄████░▀▄░░ █▌████▀███▄░█░ ▄██▄▀███▄▄▀ ▀██░░▐██▄░░ ██▀████▀█▌░ ▄██▀▀██████▐█░░ ███▀░░ | | | | |
|
|
|
kaya11
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1330
Merit: 110
SOL.BIOKRIPT.COM
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 04, 2022, 10:13:20 PM |
|
As you mention, there have been a lot of Vulnerabilities in the past. I have personally reported vulns is some gambling sites, the ones I remember was:
2.- Prime dice Some years ago this casino gets an update where each time you make a withdrawal you get back 0.0001... so if the min withdraw was 0.001 then you could earn easy money with this. I depo 0.1btc to my account, then send a tip of 0.001 to a second account and withdraw it. i get 0.0001 back, then I send another 0.001 tip and now withdraw 0.0011, I get back 0.0001, and I repeat the process a lot of times. Before I finish with the starting 0.1 the site blocks my account with close to 0.03 on it. and I never recover that money. I was just getting information to report the bug, ut for them I abuse the system and they never give me my money back.
Just saying, what if the bug itself was intended for instances like these. They will create such bug and trap somebody who notices it, and by the time they put more bitcoin and withdraws it, that moment they will send you the notice of abusing the system. I am not accusing them for that but is there a chance we can counter something like this if these was positive? Just expressing my thoughts though, nothing personal and would gladly read some answers.
|
|
|
|
seoincorporation
Legendary
Offline
Activity: 3276
Merit: 3066
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 04, 2022, 10:23:34 PM |
|
As you mention, there have been a lot of Vulnerabilities in the past. I have personally reported vulns is some gambling sites, the ones I remember was:
2.- Prime dice Some years ago this casino gets an update where each time you make a withdrawal you get back 0.0001... so if the min withdraw was 0.001 then you could earn easy money with this. I depo 0.1btc to my account, then send a tip of 0.001 to a second account and withdraw it. i get 0.0001 back, then I send another 0.001 tip and now withdraw 0.0011, I get back 0.0001, and I repeat the process a lot of times. Before I finish with the starting 0.1 the site blocks my account with close to 0.03 on it. and I never recover that money. I was just getting information to report the bug, ut for them I abuse the system and they never give me my money back.
Just saying, what if the bug itself was intended for instances like these. They will create such bug and trap somebody who notices it, and by the time they put more bitcoin and withdraws it, that moment they will send you the notice of abusing the system. I am not accusing them for that but is there a chance we can counter something like this if these was positive? Just expressing my thoughts though, nothing personal and would gladly read some answers. Well if you want to read the full story here is the old thread from 2014: https://bitcointalk.org/index.php?topic=800264.0There I explained 3 bug and how users can exploit them, the intention was to give a warning to the casino, and after that they fixed the bug. The answer I got from Stunna was: There's a difference between responsibly reporting a bug and getting caught abusing one. But he was right, I should report it in the moment I found it.
|
|
|
|
glexed
Newbie
Offline
Activity: 11
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 05, 2022, 04:52:03 PM |
|
What we need is a gambling site which is as decentralised as possible and which does not store funds.
This idea is only good for the business, yes its somewhat secure the funds, but not a customer-friendly. If this is executed by a smart contract imagine you need to pay fee for transaction or gas everytime you bet from your wallet. This is not reasonable and no users will last not unless the fee is too small that it cannot affect enough your wallet balance. Since bitcoin doesnt have smart contract that works like that then the gambling site will only work using its token? Nah, I don't think it can gather lots of users here though. You cab call it a revolutionary or secured, but nevermind. Well, if you consider smart contracts and cryptocurrencies of blockchains like for example, the Binance Smart Chain, then you pay mere cents for each bet. That does not sound like a lot to me? So you pay 14 cents and you bet instead of 1 USD, 86 cents. if you want. Seems fair. Even for the poorest among us, that kind of gambling should be affordable. Most bet at least 10 USD so the 14 cent fee won't even be noticable. Perhaps there can be some sort of bonus system to even out the fees? i am in need for such developer that create such, but does it run like the normal non smart contract dice games? are there any examples ?
|
|
|
|
PX-Z
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 05, 2022, 07:53:49 PM |
|
i am in need for such developer that create such, but does it run like the normal non smart contract dice games? are there any examples ?
I didn't see any examples yet but having such kind of system for gambling will be a fully dependent to the token/coin as means of payment which will give a disadvantage to a pro bitcoin or other major cryptocurrency used in gambling deposits. No matter what blockchain it uses, playing there will always be costly in the long run IMO.
|
|
|
|
goldkingcoiner
Legendary
Offline
Activity: 2170
Merit: 1927
Verified Bitcoin Hodler
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 06, 2022, 10:20:03 PM |
|
What we need is a gambling site which is as decentralised as possible and which does not store funds.
This idea is only good for the business, yes its somewhat secure the funds, but not a customer-friendly. If this is executed by a smart contract imagine you need to pay fee for transaction or gas everytime you bet from your wallet. This is not reasonable and no users will last not unless the fee is too small that it cannot affect enough your wallet balance. Since bitcoin doesnt have smart contract that works like that then the gambling site will only work using its token? Nah, I don't think it can gather lots of users here though. You cab call it a revolutionary or secured, but nevermind. Well, if you consider smart contracts and cryptocurrencies of blockchains like for example, the Binance Smart Chain, then you pay mere cents for each bet. That does not sound like a lot to me? So you pay 14 cents and you bet instead of 1 USD, 86 cents. if you want. Seems fair. Even for the poorest among us, that kind of gambling should be affordable. Most bet at least 10 USD so the 14 cent fee won't even be noticable. Perhaps there can be some sort of bonus system to even out the fees? i am in need for such developer that create such, but does it run like the normal non smart contract dice games? are there any examples ? Thats a question you could ask in the other subforums of Bitcointalk. Project development and services would be good places to start looking for people that may be able to help you with the answers. I myself am no expert on developing smart contracts or even gambling software coding. Services subforum has developer experts looking to get hired for a job and the project development subforum has many people like yourself, working on different areas of diverse projects. You might get lucky. Definitely luckier than in the gambling discussion subforum.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
Hamphser
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 06, 2022, 11:10:48 PM |
|
While security it is a place in which a casino should invest heavily to protect themselves from threats like hackers, some casinos try to lower their costs and decide to slash their security budget as this is something that cannot be seen by the player and many times it is just assumed that the casino is doing everything they can to protect their customers, however later on those casinos are found by hackers and that is when we hear of the massive hacks that can happen to casinos and exchanges as their security was not up to the standards required in the industry to secure the funds of their customers.
" Prevention is better than cure." If the casino owners want to have a successful casino and be able to compete then the security of their platform must be one of their highest priorities. Besides, in case they get hacked they will lose way more than what they would've saved by lowering the security budget. It's not only about money, if they get hacked they will lose the trust of their customers which will be hard to regain. Its a standard thing since they do know that it would involved huge money or loss if their security would be breached which it would really cause for a big loss which they dont like for it to happen. Security does matter and it should really be a standard thing and luckily we arent really seeing that much scenarios or hacking incidents as of these years or recently which does prove out that security does really becomes more stronger as we do go ahead not just like in the past but we couldnt assure everything if you do ask me.
|
|
|
|
xSkylarx
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 07, 2022, 04:22:28 AM |
|
Is it still a vulnerability to take advantage of free money, such as a signup bonus? Create a large number of accounts in order to receive the signing up bonus and transfer it to your wallet, for example. In my opinion, it has long been known that a gambler will open a large number of accounts and deposit the money into a single wallet in order to amass a large sum of cash. However, this is only valid in the past, as the majority of signup bonuses are now locked and cannot be withdrawn from the site.
|
|
|
|
uneng
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 07, 2022, 04:58:49 AM |
|
Is it still a vulnerability to take advantage of free money, such as a signup bonus? Create a large number of accounts in order to receive the signing up bonus and transfer it to your wallet, for example. In my opinion, it has long been known that a gambler will open a large number of accounts and deposit the money into a single wallet in order to amass a large sum of cash. However, this is only valid in the past, as the majority of signup bonuses are now locked and cannot be withdrawn from the site.
If all accounts are being created by the same person, it will be considered cheating, indeed, and the casino will have to fix this vulnerability by adding extra security measures to spot the abusers and stop the abuses. Unfortunatelly due to the high incidency of cheaters taking advantage of every promotions and giveaways disponible, some casinos limit or decrease the benefits for gamblers on their platforms. In another cases, casinos are forced to adopt unpopular measures which go against gamblers' privacy in order to keep the system protected from abusers.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|