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Author Topic: Rocketpot.io refusing/delaying to pay out 170k win.  (Read 12007 times)
Lilacthrow123 (OP)
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July 07, 2022, 10:45:30 PM
Last edit: July 08, 2022, 04:28:22 AM by Lilacthrow123
 #141

They have paid out all the max they could so far within their withdrawal limits which says a lot and is a good sign
Like I said earlier, it's not a proven scam until yourmet with a blatant refusal to comply on paying out won bets. Yeah, it was supposed to be a 24hrs payment period but at times, shits happens and on that, you've got to give them the time they need to comply as the amount involved is huge. It's good your seeing some progress in this and tha your patience is paying off. Although, its damaging what this thread would do to them as it comes with some negativity. In the end, they are about fulfilling there obligations to you as a customer.

With this Eth pump the balance is now over 200k as the balance is in ethereum. Which is insane. Not sure if that will make any difference on payout amount or they’ll just honour the base amount of winnings
About this, I think all that matters is the base currency and time of withdrawal. They can't back date the value based on that fact.

Out of fairness to rocketpot I removed “refused” from the title and I have removed the previous negative updates on my og post given they have started paying what they can within their limits. Although I still haven’t gotten a confirmation if they’ll honour the full amount of winnings, it’s not fair to them to garner any negative feedback for the time being unless/if something changes such as them adamantly denying to pay out in full. I’ve also locked my scam accusation thread as a result of this. Will continue to post updates here
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RocketpotLuke
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July 08, 2022, 12:39:04 AM
 #142

Hey!
Could you send me a PM?
Best regards Smiley
Lilacthrow123 (OP)
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July 08, 2022, 12:46:53 AM
 #143

@rocketpotluke

I can’t pm as you need to go into setting and allow new users to pm you. It’s not letting me.

Also rocketpot has my email if they need to contact me directly. This could be a scammer
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July 08, 2022, 12:47:48 AM
 #144

I fixed it now, try again =)
Lilacthrow123 (OP)
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July 08, 2022, 01:14:49 AM
 #145

I can only send 1 pm an hour. Again please email me directly thank you Smiley
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July 08, 2022, 07:46:54 AM
 #146

FWIW, their limits aren`t actually "poor" when compared with typical (even the big ones) fiat online casinos. Take LeoVegas for example, a huge online casino that also has a 20k monthly max withdrawal limit per account. Bet365, probably the best gambling site in the world, has some 50k ish monthly limit in place.

Fortunately, in the crypto space, there are some operators who easily pay out even such amounts quickly.

All of that does not change the fact that apparently, it is not cool when any operator tries to find a way to avoid paying, which happens way too often.
I would guess that the ones with 50k limit but do pay that limit vs the ones that have 100k+ limits but do not pay it, everyone would easily pick the one that pays. Plus, it is cool to have such limits so that people wouldn't lose too much, if they want to lose more than that, they need to go somewhere else and that is understandable, if they do not want to lose too much then they will have to end up with another place and go there, which is a good statement to be fair.

I have seen people play in places like Stake and win over a million dollars, so if you want to have nearly unlimited amount, that exists in crypto as well, but seems quite risky to wager that much if you ask me.

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July 08, 2022, 04:04:36 PM
 #147

Just wanted to update. Still no update on whether they will be honouring the full amount of winnings, was told to continue waiting for a final decision. Will be requesting another 10k withdrawal Monday as it’s the next withdrawal I can do within their limits and see if this continues.
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July 08, 2022, 08:41:55 PM
 #148

Just wanted to update. Still no update on whether they will be honouring the full amount of winnings, was told to continue waiting for a final decision. Will be requesting another 10k withdrawal Monday as it’s the next withdrawal I can do within their limits and see if this continues.
As withdrawals are limited to $10k/week so you should try it on Monday to make another withdrawal, I hope you have Rocketpot service privileges for full payout of your winnings, But I think Rocketpot's response suggests it doesn't support full payout decisions, but we will follow the official response from Rocketpot.

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July 08, 2022, 08:54:25 PM
 #149

In any case, it is positive that an amount has been paid out. I believe that the amount paid out could be a bit higher, but in the end the website does nothing wrong if it adheres to the terms and conditions. It can be very frustrating if you can only withdraw 10k per week or month, but as long as the site pays that is the most important thing. Let's not cheer too soon. The OP still owes a lot of money from the site. I really hope he gets everything paid out and that he doesn't gamble on his credit, because that would be a shame of course. Keep us posted and let's hope he gets 10k in his wallet every week from the site.

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July 08, 2022, 09:30:03 PM
 #150

In any case, it is positive that an amount has been paid out. I believe that the amount paid out could be a bit higher, but in the end the website does nothing wrong if it adheres to the terms and conditions. It can be very frustrating if you can only withdraw 10k per week or month, but as long as the site pays that is the most important thing. Let's not cheer too soon. The OP still owes a lot of money from the site. I really hope he gets everything paid out and that he doesn't gamble on his credit, because that would be a shame of course. Keep us posted and let's hope he gets 10k in his wallet every week from the site.

It's better than this than having none at all, or the casino fabricating lies just to deny payment to OP, I have seen casinos declining huge payout because they cannot make a huge payout, the arrangement on this issue is good enough, and OP needs to do is to hope that the casino is making profit and continue their operation so they can keep up paying him up the last cent because OP deserves his earning, if it happens on big casinos and the casino honor the winnings he should get it in one withdrawal.

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July 09, 2022, 12:01:04 AM
 #151

Just wanted to update. Still no update on whether they will be honouring the full amount of winnings, was told to continue waiting for a final decision. Will be requesting another 10k withdrawal Monday as it’s the next withdrawal I can do within their limits and see if this continues.

There's nothing wrong with making the partial payment as long as the terms and conditions are followed. However, I agree that the weekly/monthly limit could be higher, as any serious ein will take months to withdraw. There's nothing more you can do but wait for them to pay the remaining balance.

R


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July 09, 2022, 05:27:36 AM
 #152

Just wanted to update. Still no update on whether they will be honouring the full amount of winnings, was told to continue waiting for a final decision. Will be requesting another 10k withdrawal Monday as it’s the next withdrawal I can do within their limits and see if this continues.

There's nothing wrong with making the partial payment as long as the terms and conditions are followed. However, I agree that the weekly/monthly limit could be higher, as any serious ein will take months to withdraw. There's nothing more you can do but wait for them to pay the remaining balance.


Obviously it is their terms for the withdrawal and it is stated in their terms page. Nothing he can do except following the terms by requesting withdrawal based on the weekly/monthly limit unless the casino may have different/special policy to make a full payment at once. Rocketpot should increase their withdrawal limit, 10k per week is just too low in this gambling business imo. There are so many players out there who can bet more than this limit and win 10-100x of their initial bets. Imagine someone win $1 million, how long he need to wait to get it full if the withdrawal limit is that low. Other possible options is that Rocketpot should not accept big bets in their games.

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July 09, 2022, 09:59:48 AM
 #153

Just wanted to update. Still no update on whether they will be honouring the full amount of winnings, was told to continue waiting for a final decision. Will be requesting another 10k withdrawal Monday as it’s the next withdrawal I can do within their limits and see if this continues.

There's nothing wrong with making the partial payment as long as the terms and conditions are followed. However, I agree that the weekly/monthly limit could be higher, as any serious ein will take months to withdraw. There's nothing more you can do but wait for them to pay the remaining balance.


Obviously it is their terms for the withdrawal and it is stated in their terms page. Nothing he can do except following the terms by requesting withdrawal based on the weekly/monthly limit unless the casino may have different/special policy to make a full payment at once. Rocketpot should increase their withdrawal limit, 10k per week is just too low in this gambling business imo. There are so many players out there who can bet more than this limit and win 10-100x of their initial bets. Imagine someone win $1 million, how long he need to wait to get it full if the withdrawal limit is that low. Other possible options is that Rocketpot should not accept big bets in their games.

Every whale or big bettors playing on Rocketpot should be aware of this, this is the first time I read about pay-out installment
and this is on one player only who won a huge amount because of limited withdrawal so a player will have a second thought and made them think if I won a huge amount I would have to share of payout from that $10k withdrawal.

I don't want to bet on it but there's a possibility that another big winner might come out in the future and this will cause trouble for OP, he'll have to share from that $10k withdrawal limit, you are right on this if they cannot increase their withdrawal limit, they should not accept big bets.


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July 09, 2022, 10:37:39 AM
 #154

Just wanted to update. Still no update on whether they will be honouring the full amount of winnings, was told to continue waiting for a final decision. Will be requesting another 10k withdrawal Monday as it’s the next withdrawal I can do within their limits and see if this continues.

There's nothing wrong with making the partial payment as long as the terms and conditions are followed. However, I agree that the weekly/monthly limit could be higher, as any serious ein will take months to withdraw. There's nothing more you can do but wait for them to pay the remaining balance.


Obviously it is their terms for the withdrawal and it is stated in their terms page. Nothing he can do except following the terms by requesting withdrawal based on the weekly/monthly limit unless the casino may have different/special policy to make a full payment at once. Rocketpot should increase their withdrawal limit, 10k per week is just too low in this gambling business imo. There are so many players out there who can bet more than this limit and win 10-100x of their initial bets. Imagine someone win $1 million, how long he need to wait to get it full if the withdrawal limit is that low. Other possible options is that Rocketpot should not accept big bets in their games.

Every whale or big bettors playing on Rocketpot should be aware of this, this is the first time I read about pay-out installment
and this is on one player only who won a huge amount because of limited withdrawal so a player will have a second thought and made them think if I won a huge amount I would have to share of payout from that $10k withdrawal.

I don't want to bet on it but there's a possibility that another big winner might come out in the future and this will cause trouble for OP, he'll have to share from that $10k withdrawal limit, you are right on this if they cannot increase their withdrawal limit, they should not accept big bets.


I think the 10k limit is per player, not a pool split between all who request withdrawals that week. I could be wrong but wouldn't make sense for anyone to play there if they had to share wd limits.


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July 09, 2022, 10:48:55 AM
 #155

Just wanted to update. Still no update on whether they will be honouring the full amount of winnings, was told to continue waiting for a final decision. Will be requesting another 10k withdrawal Monday as it’s the next withdrawal I can do within their limits and see if this continues.

There's nothing wrong with making the partial payment as long as the terms and conditions are followed. However, I agree that the weekly/monthly limit could be higher, as any serious ein will take months to withdraw. There's nothing more you can do but wait for them to pay the remaining balance.


Obviously it is their terms for the withdrawal and it is stated in their terms page. Nothing he can do except following the terms by requesting withdrawal based on the weekly/monthly limit unless the casino may have different/special policy to make a full payment at once. Rocketpot should increase their withdrawal limit, 10k per week is just too low in this gambling business imo. There are so many players out there who can bet more than this limit and win 10-100x of their initial bets. Imagine someone win $1 million, how long he need to wait to get it full if the withdrawal limit is that low. Other possible options is that Rocketpot should not accept big bets in their games.

Every whale or big bettors playing on Rocketpot should be aware of this, this is the first time I read about pay-out installment
and this is on one player only who won a huge amount because of limited withdrawal so a player will have a second thought and made them think if I won a huge amount I would have to share of payout from that $10k withdrawal.

I don't want to bet on it but there's a possibility that another big winner might come out in the future and this will cause trouble for OP, he'll have to share from that $10k withdrawal limit, you are right on this if they cannot increase their withdrawal limit, they should not accept big bets.


I think the 10k limit is per player, not a pool split between all who request withdrawals that week. I could be wrong but wouldn't make sense for anyone to play there if they had to share wd limits.



Per player that is

Just wanted to update. Still no update on whether they will be honouring the full amount of winnings, was told to continue waiting for a final decision. Will be requesting another 10k withdrawal Monday as it’s the next withdrawal I can do within their limits and see if this continues.

There's nothing wrong with making the partial payment as long as the terms and conditions are followed. However, I agree that the weekly/monthly limit could be higher, as any serious ein will take months to withdraw. There's nothing more you can do but wait for them to pay the remaining balance.


Obviously it is their terms for the withdrawal and it is stated in their terms page. Nothing he can do except following the terms by requesting withdrawal based on the weekly/monthly limit unless the casino may have different/special policy to make a full payment at once. Rocketpot should increase their withdrawal limit, 10k per week is just too low in this gambling business imo. There are so many players out there who can bet more than this limit and win 10-100x of their initial bets. Imagine someone win $1 million, how long he need to wait to get it full if the withdrawal limit is that low. Other possible options is that Rocketpot should not accept big bets in their games.

I think many of us are blinded by all those insane wins on Twitch and the likes - guys, million-dollar withdrawals are not the norm and the people you are watching on Twitch with their multi-million dollar wins... well, play money. Smiley So let us not mix things up here. As stated before, even the biggest gambling operators in the world have withdrawal limits in place.

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July 09, 2022, 03:22:05 PM
Last edit: July 09, 2022, 03:39:09 PM by seoincorporation
 #156

Just wanted to update. Still no update on whether they will be honouring the full amount of winnings, was told to continue waiting for a final decision. Will be requesting another 10k withdrawal Monday as it’s the next withdrawal I can do within their limits and see if this continues.
As withdrawals are limited to $10k/week so you should try it on Monday to make another withdrawal, I hope you have Rocketpot service privileges for full payout of your winnings, But I think Rocketpot's response suggests it doesn't support full payout decisions, but we will follow the official response from Rocketpot.

Even if he can withdraw another $10k on monday, he will have to wait until the next month for the next withdraw as we can see in their TOS on point 11.5.

Quote
11.5. If you win $10,000 or more, we reserve the right to pay a maximum of up to $10,000 per week and $ 20,000 per month until the full amount is settled.

So, it will take almost 8 months to withdraw those 170k.

Some of the rules i didn't like at all are:

Quote
11.2. You can only withdraw once you have wagered three (3) times the deposited amount.

This rollover requirement for the deposits are just too high. Is like finding an excuse to keep your money in their hands.

Quote
11.8. Rocketpot may carry out arbitrary verification procedures before sending out pay-outs. This verification may include asking for photo copies of a player's ID, passport, and requiring the customer to sign a message for an address that an early deposit was made from.

And this is absurd. What if i made a deposit from an exchange or from other casino and i can't sign with the address i use for the depo?

I would recommend to stay away from this casino.

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July 09, 2022, 03:49:39 PM
 #157

Just wanted to update. Still no update on whether they will be honouring the full amount of winnings, was told to continue waiting for a final decision. Will be requesting another 10k withdrawal Monday as it’s the next withdrawal I can do within their limits and see if this continues.

Being able to take partial payment will also be a positive aspect for you. Because in the end you will be able to withdraw your winning money, although it may take a few weeks. Since the withdrawal limit is mentioned in their terms and conditions, so you have to follow their rules here. Now they may be wondering if they will increase their withdrawal limit in the future. Because after watching this incident, many big gamblers will probably avoid this casino.

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July 09, 2022, 03:58:10 PM
 #158



Quote
11.8. Rocketpot may carry out arbitrary verification procedures before sending out pay-outs. This verification may include asking for photo copies of a player's ID, passport, and requiring the customer to sign a message for an address that an early deposit was made from.

And this is absurd. What if i made a deposit from an exchange or from other casino and i can't sign with the address i use for the depo?


Some exchanges are 100% against gambling. For example, i have heard of coinbase closing your account if you acquire funds associated with gambling. It's probably dependent on your jurisdiction as to whether an exchange will close your account for gambling but it does happen so I would suggest no using an exchange to deposit to a gambling site period.

Rocketpot and any other site has terms that everyone should read, but most do not.

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qwertyup23
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July 09, 2022, 04:23:04 PM
 #159

Well I went to their terms and read regarding the [Promotions and Bonuses] it seems very risky condition, I think you must read it carefully and understand if you did not violate the rules, but as they have said there.
[ 9.5. Rocketpot may amend, reclaim, refuse or cancel any promotion at any time at its own discretion ]
Let us hope that their team will answer this thread as [efialtis] said above, that is a great help to this issue and also may not ruin their reputation since their ANN thread [1] was inactive recently.
[1] https://bitcointalk.org/index.php?topic=5178376.0

While gambling companies are free to stipulate anything under their TOS, that kind of stipulation, however, may be attended with too much discretionary powers to them. They must at least have some basis in order to cancel, amend, or refuse any promotion. Though it is under their discretionary powers, they must act within without any grave abuse to keep their playerbase strong.

I hope OP you continue to update us regarding this issue as this truly baffles my mind.

R


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July 10, 2022, 05:12:30 AM
 #160

Just wanted to update. Still no update on whether they will be honouring the full amount of winnings, was told to continue waiting for a final decision. Will be requesting another 10k withdrawal Monday as it’s the next withdrawal I can do within their limits and see if this continues.
You are doing the right thing by keep the forum members informed about your situation, even if takes a lot of time as long as you are paid what you are owed then at best this is just going to be a long uncomfortable period for you, as you will need more than a year to get your winnings, however as soon as they refuse then you can comeback to the community with that information as it seems to me that you have done everything that you can to follow their TOS and as such you are owed that money.

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