How much money do you leave in crypto casino?

[serjent05]

I am not comfortable leaving my funds in a casino no matter how reputable they are.  I have been "brainwashed" of not leaving any funds on any platform by the different instances of hacking events that happens during my stay in the crypto industry, and the saying, "not your key, not your coin" greatly impacted my mind set.  

So instead of entrusting my fund to a third-party wallet, I would rather hold it in my own even if it means I have to pay the transaction fee every time I move my fund.  Transaction fee is too little compared to the state of having peace of mind.

[rojan]

Well, I will not use my favorite casino as a wallet, if that is what you are asking...  

It will be very risky for people to use casinos as wallets, because some casino operators and support staff are very trigger happy ..and they will block accounts for little or no reason at all. When this happens, you as a owner of those coins, will not have access to those coins.

The other things is.... if you store all your coins on the casino, then you will be tempted to gamble with it. My advice... keep most of your coins on hardware wallets and determine a gambling budget for every casino that you use... and only deposit those coins onto those casinos.  

It is true that keeping your money in the casino means you are keeping your wealth to others or at risk. Casino account may close at any time. However, it is a little different for those who have been using the casino for a long time. I think you can keep your money as much as you need to play casino game for every day. Anything above that amount should be transfer to your personal wallet.

Are crypto casinos really that risky? But I don't believe that is so risky.However, there are some fake casinos that are risky. I myself have put my money in two crypto casino sites but I don't remember there.But money must be deposited in good and safe casino site no fake casino site.That fake site can be dangerous.

Casino sites have risks Some casino sites have low risk and some casino sites have high risk.  It won't be risky if you find the right good casino site.  Avoid fake casino sites.  If money is invested in fake casino then I think it will be waste of money.  So we always have to choose the right casino site.

[AicecreaME]

Well, I will not use my favorite casino as a wallet, if that is what you are asking... 

It will be very risky for people to use casinos as wallets, because some casino operators and support staff are very trigger happy ..and they will block accounts for little or no reason at all. When this happens, you as a owner of those coins, will not have access to those coins.

The other things is.... if you store all your coins on the casino, then you will be tempted to gamble with it. My advice... keep most of your coins on hardware wallets and determine a gambling budget for every casino that you use... and only deposit those coins onto those casinos. 

I agree with this. It's really risky if you will entrust your funds in an online casino. Treating it as your another platform to store your funds is a big no-no because it like what you have said, it might be suspended or banned for no reason if ever they will decide to conduct a mass suspension or banning of account that they deem to be doing unusual activities even there's no sufficient proof for it.

Although it seldom happens, still, it's better to be safe than to be sorry. Just leave a portion of your fund intended for gambling in your preferred casino and then withdraw the rest and put it in your hardware wallet to guarantee your assets status. It could also help you prevent impulsive gambling habits because you just have the proper budget allocation and not all of your funds stored in that crypto casino you are playing with. You can make use of that in other things and you will not be indulged in gambling unconsciously. So for me, it's a good situation you can benefit if you practice this.

[icalical]

Since I only do small betting, less than $200, I barely leave any money on my casino account. I will always spent all my balance on one or two bets, (I mostly do sports betting), and when I win, I immediately withdraw all those money. To safe some money for transaction fee when I do a deposit I use either LTC or Doge, I never send BTC or ETH the fee are too expensive.

[bittraffic]

An amount that they would not be interested to ask KYC or hold the user's withdrawal. $2000 I think will just be fine. But I won't be keeping that much if I wanted to be safe.

It's tiring to keep depositing and withdrawing in one platform, I just keep my altcoins in the casino after all they are reputable. Its only altcoins I use to bet on sports which are also less than $500.

[Zilon]

It all depends on how huge this balance in question is. If it's mere $100 i will comfortably leave it so i can comeback when ever i chose to play and continue without making fresh deposits but once it's above $200 i could chose to slash the withdraw or pull out everything depending on the reputation of the casino. I keep my withdrawal limit this way so i can comfortably monitor my gambling habit

[goldkingcoiner]

Since most of the crypto casino nowadays offers free withdrawal fee on most of the cryptocurrency sometimes immediate withdrawal after the game is very convenient now but for players like me that usually play on irregular basis, I really want to leave my balance on the casino so that I can play immediately whenever I like.

I only leave money on casino balance if it’s less than 1000$ or less but this is only applicable on casino that I used for more than a year.

What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?

I don't leave any balance on the casino as 99% of the times I lose all of the money that I have allocated for playing.In the rare 1% case where I win also withdraw immediately my money as I have the opinion that money stays better in a wallet where I have the private keys rather in some third party wallet where I don't own the private keys despite the casino being one of the most reputable ones or the most reputable one.

I have been burned by CEX.io centralized exchange where they have frozen my funds by their will despite me proving them all evidence that my funds come from mining so I don't leave money or balance in any other place that is a wallet in my full control,I learned the hard way but better late than ever.

I agree. Leaving money on any centralized platform, whether a crypto gambling casino or some exchange will always lead to problems. Not your keys, not your coins.

However I am amazed and sad that something like that happened to you. I wonder why the froze your account despite your evidence? Were they even legally allowed to just do that? If you believe that you have been wronged and want your money back then maybe you should talk to a lawyer or something? I cannot really give you any advice as you are the only one who knows what happened.

Hope you get your money back, though! Centralized services are never to be trusted! Decentralization was invented to fight against those types of dirty tactics...

[Pierre 2]

Its never safe to leave your coins even in exchanges or online wallets. So online casinos aren't very different. Its best to deposit as much as you want to bet with and take profits if you wanna spend it. I suggest everyone around me to try at least one cold wallet as you can sleep in relaxed mood if you are playing/trading with huge amount of money. Trusted casinos will try to protect your wallet tho.

[Davidvictorson]

What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?

I have a personal principle of not leaving more than $300 worth of bitcoin in my casino wallet for more than two weeks. This is because of a terrible experience I had a while back with an online casino operator. They just wouldn't allow me to withdraw my winnings. Their customer care representatives offered little assistance either. Additionally, they had to make me wait 4 weeks before I could withdraw.

[electronicash]

well i have invested in casino token which is i receive about $2 a day of the revenue shared. this is kind of money that stayed in the casino staked on their program. like everyone who invested in Betfury i think have some money locked right inside the casino.
it must have sometimes  crossed in the mind of investors that the casino could just pop like a bubble one day and lose all the money they have.

[gunhell16]

Since most of the crypto casino nowadays offers free withdrawal fee on most of the cryptocurrency sometimes immediate withdrawal after the game is very convenient now but for players like me that usually play on irregular basis, I really want to leave my balance on the casino so that I can play immediately whenever I like.

I only leave money on casino balance if it’s less than 1000$ or less but this is only applicable on casino that I used for more than a year.

What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?

I just want to ask if it's okay with you Sir, what casino do you use for cryptocurrency? I also think, based on what you said that you leave less than 1000$ balance on the casino platform you play on, right? you are leaving it at no less than 500$ OP?

Because I'm playing at a casino with cryptocurrency, I always only leave the minimum that they allow on the platform, because I sometimes think that if you increase the balance that you left, they will suddenly freeze your account for no reason, of course, we as A gambler can't do anything like that without noticing their clients.

[Reid]

Since most of the crypto casino nowadays offers free withdrawal fee on most of the cryptocurrency sometimes immediate withdrawal after the game is very convenient now but for players like me that usually play on irregular basis, I really want to leave my balance on the casino so that I can play immediately whenever I like.

I only leave money on casino balance if it’s less than 1000$ or less but this is only applicable on casino that I used for more than a year.

What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?

Whoa! That's a lot of money you are leaving. I only have $300 worth of cryptocurrency balance in my favorite sports bookie. I won't go higher than that and I mostly withdraw my profits.
I don't like leaving that much, not that I don't trust them but it's just my way of doing things when it comes to money.
Yes, just like you it's for an immediate bet when I see a game that I like, not slots or dice because I stopped playing them, more on sports betting.

[TheUltraElite]

What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?

Any casino reputable or not can get hacked at any time. During such periods if you have a large amount of money on their wallet, you will have to face the mental havoc of not being able to access that money.

Would you rather want to go through that painful process of when things get resolved and when the casino declares that their hot wallets were safe?

For a regular gambler I can understand that they lack the patience and they want to start playing as soon as possible. So there is a possibility that they only keep a smaller amount left on the wallet so they can start playing while having made a deposit already and waiting for it to confirm. Besides with so many bonuses and promotions going on almost every casino has some free coins for you to start off.

[Oasisman]

Since most of the crypto casino nowadays offers free withdrawal fee on most of the cryptocurrency sometimes immediate withdrawal after the game is very convenient now but for players like me that usually play on irregular basis, I really want to leave my balance on the casino so that I can play immediately whenever I like.

I only leave money on casino balance if it’s less than 1000$ or less but this is only applicable on casino that I used for more than a year.

What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?

If your fully trust the casino that you have been gambling with and the reputations also suggest that you can actually trust them, then I think any amount would be fine, as long your not leaving them there for quite a long time.
However, in my case, I have never left a crypto more than $100 in an online casino. I usually have $50 balance just in case I feel enthusiastic to bet on a certain match. But in your case, I assume you have more than $500 as you said you only leave a balance below $1000. Well, that's sometimes scary to think that "what if's" in your mind lol.

[Strongkored]

What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?

Of the several casinos where I played there was only one casino where I left my funds there, the rest were zero balance because I lost or because I made a withdrawal when I felt I had played enough and because I had never made a large deposit at the casino, only tens or hundreds of dollars so if I had to leave the balance there is not too worried and definitely because the reputation of the casino where I play is good.
It's better not to leave funds there, make a deposit and play and the withdrawal has also been completed especially crypto transaction fees are no longer a problem at this time, just in case something bad happens.

[xSkylarx]

What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?

I don't gamble that often so I never leave any amount on gambling websites whenever I play, it also helps me to resist the temptation of going back to that casino next day. I feel like I will just lose more money if I leave some amount since I will have the reason to gamble.

[Jemzx00]

What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?

Any casino reputable or not can get hacked at any time. During such periods if you have a large amount of money on their wallet, you will have to face the mental havoc of not being able to access that money.

Would you rather want to go through that painful process of when things get resolved and when the casino declares that their hot wallets were safe?

For a regular gambler I can understand that they lack the patience and they want to start playing as soon as possible. So there is a possibility that they only keep a smaller amount left on the wallet so they can start playing while having made a deposit already and waiting for it to confirm. Besides with so many bonuses and promotions going on almost every casino has some free coins for you to start off.

That's the thing, for a regular gambler who gambles on a daily basis, it will be more convenient for them not to withdraw the whole amount on their account as they will still deposit it at a later time. I don't really think that most gamblers rely on bonuses for their gambling activities as it's just a fraction of the amount they usually bet on and these bonuses are mostly sent either on a weekly or monthly basis.

In terms of safety, it might be good for seldom gamblers who gamble only once a month or once a week. However, for gamblers who gamble daily, it really doesn't affect them much as just as you've said, website hacking can happen anytime so it can happen while these gamblers are gambling. 

[coin-investor]

What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?

I always say reputation and trust are everything you can only play in casinos that you can trust if you want peace of mind, so if you are comfortable leaving thousands of dollars, then it's up to you, in my case  I left my tokens in one casino for staking and I trust the casino will continue to exist because they are competitive, but I make sure to withdraw once a month from my staking profit, your balance will only be safe if you're following the rules of the casino and the casino has a good reputation in the community.

[btc_angela]

Since most of the crypto casino nowadays offers free withdrawal fee on most of the cryptocurrency sometimes immediate withdrawal after the game is very convenient now but for players like me that usually play on irregular basis, I really want to leave my balance on the casino so that I can play immediately whenever I like.

I only leave money on casino balance if it’s less than 1000$ or less but this is only applicable on casino that I used for more than a year.

What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?

If your fully trust the casino that you have been gambling with and the reputations also suggest that you can actually trust them, then I think any amount would be fine, as long your not leaving them there for quite a long time.
However, in my case, I have never left a crypto more than $100 in an online casino. I usually have $50 balance just in case I feel enthusiastic to bet on a certain match. But in your case, I assume you have more than $500 as you said you only leave a balance below $1000. Well, that's sometimes scary to think that "what if's" in your mind lol.

Yeah, for me, the biggest that I have left as far as I can remember is around $200++ give or that. So if ever I reached that amount, I usually withdraw some and then left enough so that I can continue to do sports betting or playing some slots.

Reputation is one, but for sure, we just to make sure that we will get our money, specially if we won that big. We wanted to withdraw it immediately, like instantly, same with land base casinos. We go to the cashier and cash it out and it's up to us whether we want to continue or not.

[PX-Z]

Usually, i still leave a bit enough for my next game when i came to visit the site for me to play to avoid sending/depositing again from my wallet. Although the transaction fee is too small like you wouldn't mind. There's nothing wrong with it as long it's not that huge, and you know the risks.
Besides i only do it on trusted gambling site^(s) so i wouldn't mind.