🔥 No KYC Crypto Casinos & Sites | NoToKYC.com | 💸 500$ Wagering Contest 💸

[CryptoHeadlineNews]

Yes, there are people who takes that risk in sending depositing money in their casino balance and leaving it there till whenever they are ready to play or gamble.
For me is the riskiest thing to do. I can't trust any casino keeping my money there without using it for a long time cause one can't tell what will happen next.

And that's a more reason why you need to use a trusted casino, because with a trusted casino, you have absolutely nothing to be scared about with your deposited money. Because any genuine crypto casino will definitely not touch your money no matter how long it stays in the casino account. But yet that doesn't mean you should start using a crypto casino like your wallet where you keep your Bitcoin, but moreover, if you were lucky to have won a huge sum of money, and you have withdrawn sum, then you can definitely keep the rest, knowing fully well that it will be safe.

[mvdheuvel1983]

...

The risk with stored deposits and the risk of delaying withdrawal after a win are often seen as the same thing. But the real issue might be how legit the casino is. If money set aside for gambling sits for a long time on a casino that is not very trustworthy, the risk is not just about losing while playing, it is also about the casino itself having unexpected problems.

Since you can't tell the one that might end up with an exit scam because some licensed casino with reputation have end up that way, it's better to withdraw rewards immediately after a win and not leaving them stored in a casino wallet for long-term, even if gamblers want to leave some, the money withdrawn should be bigger than the one left to keep gambling so incase they end up losing to reckless gambling or an exit scam, they won't lose all the rewards completely.

There has been so many exit scams from some well trusted casinos in the past some maybe planning to run if care is not taking in this case it is better not to take double risk by playing and after winning you leave your money in the casinos. Money can make a reputable casino to run away if the amount they see in their accounts is big enough to give them a good advertisement to continue with another name else where. Withdraw your money after winning or you leave some but the urge to come and play will most likely bring you back to tt casino.

[Franklyn-wood]

Yes, there are people who takes that risk in sending depositing money in their casino balance and leaving it there till whenever they are ready to play or gamble.
For me is the riskiest thing to do. I can't trust any casino keeping my money there without using it for a long time cause one can't tell what will happen next.

And that's a more reason why you need to use a trusted casino, because with a trusted casino, you have absolutely nothing to be scared about with your deposited money. Because any genuine crypto casino will definitely not touch your money no matter how long it stays in the casino account. But yet that doesn't mean you should start using a crypto casino like your wallet where you keep your Bitcoin, but moreover, if you were lucky to have won a huge sum of money, and you have withdrawn sum, then you can definitely keep the rest, knowing fully well that it will be safe.

It surprised me some time ago when I heard a guy said he saves his funds in his casino and sports bet account, then I was like how can someone take such risk to save his funds in his sport bet account maybe he trust the security of the site better that bank.
But sincerely it's not the safest place to store or Keep funds for security purposes.
Many don't care about the casino site they are using, they are only interested in using any casinos to get what they want.

[khaled0111]

...

If you are going to keep your coins on a casino then you are treating it as a wallet, which is wrong. It doesn’t matter whether you have deposited those coins or won them. It also doesn’t matter if it’s a trusted casino or not (you should only play on trusted casinos, obviously), because even if it’s a trusted casino, bad things can still happen, like the casino getting hacked or going bankrupt.
So, always withdraw your coins whenever you can and this applies to all crypto services, not just casinos.

[Wakate]

...

If you are going to keep your coins on a casino then you are treating it as a wallet, which is wrong. It doesn’t matter whether you have deposited those coins or won them. It also doesn’t matter if it’s a trusted casino or not (you should only play on trusted casinos, obviously), because even if it’s a trusted casino, bad things can still happen, like the casino getting hacked or going bankrupt.
So, always withdraw your coins whenever you can and this applies to all crypto services, not just casinos.

Funds left on a casino are meant to be used for gambling, any other reason is not wise for a player to leave their money on a casino.
Maybe the player may want to gamble big or may not want to stress themselves on making another new deposit when they needed to bet.
The fund left on a casino can make one to gamble irresponsible and that is enough reasons to avoid leaving big amount there.

[maydna]

...

If you are going to keep your coins on a casino then you are treating it as a wallet, which is wrong. It doesn’t matter whether you have deposited those coins or won them. It also doesn’t matter if it’s a trusted casino or not (you should only play on trusted casinos, obviously), because even if it’s a trusted casino, bad things can still happen, like the casino getting hacked or going bankrupt.
So, always withdraw your coins whenever you can and this applies to all crypto services, not just casinos.

Right, that is not recommended using casino to keep your coins. We don't know how long they will online and even they announce shutting down the casino and guarantee that the fund is safe and members can withdraw anytime, that still not good enough. People must have separate wallet to keep the coin and other wallets to be the place to gambling. Withdrawing your coins and not leaving too big funds in your casino account is the thing you should do so you can prevent the regret if casino becomes scam.

[Agbamoni]

There has been so many exit scams from some well trusted casinos in the past some maybe planning to run if care is not taking in this case it is better not to take double risk by playing and after winning you leave your money in the casinos. Money can make a reputable casino to run away if the amount they see in their accounts is big enough to give them a good advertisement to continue with another name else where. Withdraw your money after winning or you leave some but the urge to come and play will most likely bring you back to tt casino.

Keeping a coin in a casino is like using the casino as a wallet, which I think is a bad idea. A casino is not a wallet. If anything goes wrong, the casino may be nowhere to be found, regardless of the licensing number and court appeal. Treat a casino as a custodian wallet, where the owners have full control over the private keys to your funds. The same consequences of using a custodail wallet, for a example a CEX is the same conequences that we befall anyone who leaves  the coin in a casino.

[Hazink]

There has been so many exit scams from some well trusted casinos in the past some maybe planning to run if care is not taking in this case it is better not to take double risk by playing and after winning you leave your money in the casinos. Money can make a reputable casino to run away if the amount they see in their accounts is big enough to give them a good advertisement to continue with another name else where. Withdraw your money after winning or you leave some but the urge to come and play will most likely bring you back to tt casino.

Unless a casino is already running bankrupt, or they have existed scam in their minds for a long time, I don't think players balance can trigger a casino to run away. Another thing too is not just the casino running, it's the fear of not using the money to wager or anything that could lead to that money disappearing. 

And I also do wonder why casinos which have built a reputation over the years will just decide to exist scam when there is enough for them to make in future, adding to what it cost them to get where they were before existing.

[Agbe]

It surprised me some time ago when I heard a guy said he saves his funds in his casino and sports bet account, then I was like how can someone take such risk to save his funds in his sport bet account maybe he trust the security of the site better that bank.
But sincerely it's not the safest place to store or Keep funds for security purposes.
Many don't care about the casino site they are using, they are only interested in using any casinos to get what they want.

Does he really understand casino websites? Or did he make the arrangement because he can't just withdraw that money like that again and there is possiblity for him to lost all if he had to wager before withdrawing them. I don't think the guy understand the implications of keeping his money in casino.

And I also do wonder why casinos which have built a reputation over the years will just decide to exist scam when there is enough for them to make in future, adding to what it cost them to get where they were before existing.

casino that has a good reputation and running away with gamblers money has two factors of doing that. Firstly the owner that was there with good reputation is no longer the owner or the casino has changed hand. And secondly it is a pre-plan arrangement to do that for a very long time. But overall that is very bad. Because if a casino had a good reputation, they will make more profit that the money they will run away with because as a reputable casino, there will be gamblers always.

[Donneski]

...

If you are going to keep your coins on a casino then you are treating it as a wallet, which is wrong. It doesn’t matter whether you have deposited those coins or won them. It also doesn’t matter if it’s a trusted casino or not (you should only play on trusted casinos, obviously), because even if it’s a trusted casino, bad things can still happen, like the casino getting hacked or going bankrupt.
So, always withdraw your coins whenever you can and this applies to all crypto services, not just casinos.

I've never and don't think I'll ever understand those that keep huge funds in their casino accounts. Regardless of the level of reputation a casino has, it does not in anyway remove risks completely. A casino site can be hacked, have technical issues that might be very difficult to resolve or even disappear from the internet.

I'll be more comfortable to leave my coins in an exchange than a casino account because I feel an exchange is safer with securing funds at their disposal.

[Barikui1]

I've never and don't think I'll ever understand those that keep huge funds in their casino accounts. Regardless of the level of reputation a casino has, it does not in anyway remove risks completely. A casino site can be hacked, have technical issues that might be very difficult to resolve or even disappear from the internet.

Everyone are free to act in anyway they like, but I agree with you on this. I equally cannot leave a huge amount of money in a casino site because the risk is too much, and your funds can be easily stolen, unlike when it's in a bank or it's being kept in a personal wallet, if it's a crypto asset.

I'll be more comfortable to leave my coins in an exchange than a casino account because I feel an exchange is safer with securing funds at their disposal.

Keeping your funds in an exchange is as dangerous as keeping your funds in a casino, because they carries the same risk, because if something like hacking, system glitch or internal theft happens, your funds will seriously be at risk, so if you think that an exchange is safer than the casino, then you are wrong, because they are even more exposed to hacking than a casino, since a lot of funds is always a guarantee to find in an exchange than a casino.

[Pmalek]

I've never and don't think I'll ever understand those that keep huge funds in their casino accounts. Regardless of the level of reputation a casino has, it does not in anyway remove risks completely. A casino site can be hacked, have technical issues that might be very difficult to resolve or even disappear from the internet.

I'll be more comfortable to leave my coins in an exchange than a casino account because I feel an exchange is safer with securing funds at their disposal.

I wouldn't recommend either of the two. Neither is safe long-term. Crypto exchanges and casinos aren't wallets. People should use them for the use cases they were built to provide. One allows you to buy, sell, and trade crypto, the other is for gambling. Use them for those activities as much as you want to and then withdraw your funds to a wallet you and only you control. Keep only the coins you want to play or trade with in a custodial service.

[JoyceBTC]

And I also do wonder why casinos which have built a reputation over the years will just decide to exist scam when there is enough for them to make in future, adding to what it cost them to get where they were before existing.

Reputation or not, once it has been the plan from the onset, it will surely be executed when the target is reached. Most companies that do exit scam, one of their major plan before exiting is actually to build reputation, make people feel comfortable and trust them, to the extent players will have to deposit very huge some of money to that casino because they believe it to be reputable and has been in existence for some years. So, most of all this casinos actually have a target, players that has turned casino sites to where they store their funds should be careful.

[ultrloa]

I've never and don't think I'll ever understand those that keep huge funds in their casino accounts. Regardless of the level of reputation a casino has, it does not in anyway remove risks completely. A casino site can be hacked, have technical issues that might be very difficult to resolve or even disappear from the internet.

I'll be more comfortable to leave my coins in an exchange than a casino account because I feel an exchange is safer with securing funds at their disposal.

I wouldn't recommend either of the two. Neither is safe long-term. Crypto exchanges and casinos aren't wallets. People should use them for the use cases they were built to provide. One allows you to buy, sell, and trade crypto, the other is for gambling. Use them for those activities as much as you want to and then withdraw your funds to a wallet you and only you control. Keep only the coins you want to play or trade with in a custodial service.

Both are not really the best option to choose.

If they want sample of big exchange unfortunately turn scam then they can look at the situation happened on FTX.

On casino side the incident happened on freebitco.in is so another unfortunate event. They are one of the OG casino and now they left then didn't return back the money of their players.

Those incident is the big reminder that people should not trust those exchange and casinos whatever big or how reputable they are. For long term storing this is been suggested for many times and hope people already learn that self custody wallet is best for this. Casinos is just for short term fun and not intended to use for storing their funds for long time.

[Wakate]

And I also do wonder why casinos which have built a reputation over the years will just decide to exist scam when there is enough for them to make in future, adding to what it cost them to get where they were before existing.

casino that has a good reputation and running away with gamblers money has two factors of doing that. Firstly the owner that was there with good reputation is no longer the owner or the casino has changed hand. And secondly it is a pre-plan arrangement to do that for a very long time. But overall that is very bad. Because if a casino had a good reputation, they will make more profit that the money they will run away with because as a reputable casino, there will be gamblers always.

You are correct and this is what we have been noticing with many of the reputable casinos that turn to exit scam within few years there owners sold the casinos and the new ownership started scamming people so that they can make money from their exit scam before finally killing the old glory of the casino due greed and wickedness.

[khaled0111]

Funds left on a casino are meant to be used for gambling, any other reason is not wise for a player to leave their money on a casino.

Exactly my point. You should only keep on the casino the amount of money you plan to spend on gambling and placing bets (basically the money you can afford to lose). And as I said, the same thing applies to exchanges as well.

Maybe the player may want to gamble big or may not want to stress themselves on making another new deposit when they needed to bet.

Yeah, many gamblers use this excuse to justify keeping their money on casinos, but, in my opinion, it’s not a valid one, since making a new deposit to top up your balance doesn’t cost much on almost all chains and transactions’ verifications are almost instant.

[Sarah Jordan]

I've never and don't think I'll ever understand those that keep huge funds in their casino accounts. Regardless of the level of reputation a casino has, it does not in anyway remove risks completely. A casino site can be hacked, have technical issues that might be very difficult to resolve or even disappear from the internet.

Everyone are free to act in anyway they like, but I agree with you on this. I equally cannot leave a huge amount of money in a casino site because the risk is too much, and your funds can be easily stolen, unlike when it's in a bank or it's being kept in a personal wallet, if it's a crypto asset.

I'll be more comfortable to leave my coins in an exchange than a casino account because I feel an exchange is safer with securing funds at their disposal.

Keeping your funds in an exchange is as dangerous as keeping your funds in a casino, because they carries the same risk, because if something like hacking, system glitch or internal theft happens, your funds will seriously be at risk, so if you think that an exchange is safer than the casino, then you are wrong, because they are even more exposed to hacking than a casino, since a lot of funds is always a guarantee to find in an exchange than a casino.

Saying that keeping your funds in an exchange is as dangerous as keeping funds in a casino I would agree with you a little cause one can never tell what will happen the next minute like you mentioned above.
However, we should know casinos are insurance covered. When losses like the ones you mentioned happens the insurance covers it all. A legalized casino always have a backup plan or rigorous financial reserve to keep the business going.

[CryptSafe]

And I also do wonder why casinos which have built a reputation over the years will just decide to exist scam when there is enough for them to make in future, adding to what it cost them to get where they were before existing.

casino that has a good reputation and runnino longer the owner or the casino has changed hand. And secondly it is a pre-plan arrangement to do that for a very long time. But overall that is very bad. Because if a casino had a good reputation, they will make more profit that the money they wi

You are correct and this is what we have been noticing with many of the reputable casinos that turn to exit scam within few years there owners sold the casinos and the new ownership started scamming people so that they can make money from their exit scam before finally killing the old glory of the casino due greed and wickedness.

The reason why I am forever calm is the fact that the community takes their time to verify and know what to do per time so they don't make silly mistakes of getting scammed by a casino which just change hands or location. Most times, people who buy casinos have ulterior motives to scam and they just follow the pattern of being genuine since the previous owner was calm and genuine and after a while they exit scam and there is nothing anybody can do about it.

[mitchr4]

...
The reason why I am forever calm is the fact that the community takes their time to verify and know what to do per time so they don't make silly mistakes of getting scammed by a casino which just change hands or location. Most times, people who buy casinos have ulterior motives to scam and they just follow the pattern of being genuine since the previous owner was calm and genuine and after a while they exit scam and there is nothing anybody can do about it.

Sometimes the only thing possible to do is to stay careful and watch for changes in ownership, because that is usually when an exit scam can happen. The tricky part is, a player does not easily know exactly when the ownership change happens if there is no official announcement. So maybe one thing that can add more awareness for us is to always check the ownership history of the casino, so there is some kind of early warning before they start the exit scam.

[Donneski]

...
The reason why I am forever calm is the fact that the community takes their time to verify and know what to do per time so they don't make silly mistakes of getting scammed by a casino which just change hands or location. Most times, people who buy casinos have ulterior motives to scam and they just follow the pattern of being genuine since the previous owner was calm and genuine and after a while they exit scam and there is nothing anybody can do about it.

Sometimes the only thing possible to do is to stay careful and watch for changes in ownership, because that is usually when an exit scam can happen. The tricky part is, a player does not easily know exactly when the ownership change happens if there is no official announcement. So maybe one thing that can add more awareness for us is to always check the ownership history of the casino, so there is some kind of early warning before they start the exit scam.

The disturbing part is that new owners will deliberately not disclose it when they buy a site with bad intentions. They'll intentionally make it look like there's nothing to worry about so they can profit off the former owner's good reputation. And if you advise users to always check history, they'll likely not see the change in ownership since these sales are kept private. Maybe the best defence is to always be on alert to notice the smallest red flags like sudden change in support or slow withdrawals.