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Author Topic: what are the reputable casino with vault feature?  (Read 492 times)
maydna
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October 29, 2023, 01:28:03 PM
 #61

~snip~
The gambler can just release the money from the vault and they can lose all of their money in short time Cheesy

It's different if the vault has some locking time e.g. a week, a month etc, so there's no way for the gambler can transfer the money to the main wallet. I think there's no casino have such feature.
If there is a locking facility for a week or a month, it will be better so that we will not freely use the money in our balance, and it will be a good way to avoid excessive use of money. But if it is a gambler who often gambles, they can deposit other money just to gamble and let the money in the vault remain there. The important thing is that they can still deposit other money and continue gambling. If so, it would be of no use at all because we would still be depositing other money to continue gambling.

 
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Crypt0Gore
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October 29, 2023, 02:39:58 PM
 #62

Why deposit money on a casino when you aren't ready to play with it? That's not good, so if I recommend any casino with vault features for you now you will store your crypto assets on such storage? Or the money you win from the casino? It's like entrusting your wins back into the hands of the people you won the money from, I don't like the sound of it.

Once you win some amount from any online casino you are to withdraw the fund straight away, this will make you really have the money in hand and it will also make you not likely gamble with the money again, you are simply lowering your chances of getting greedy and using that amount to try your luck again.

I know few casinos that use these features but as a responsible gambler I don't think I will ever use such feature unless there is something I am truly missing, maybe extra winning advantage or something, so tell me, is there something I am missing for not using vaults on a gambling platform? I doubt it.

shasan
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December 01, 2023, 04:59:00 PM
 #63

Why deposit money on a casino when you aren't ready to play with it? That's not good, so if I recommend any casino with vault features for you now you will store your crypto assets on such storage? Or the money you win from the casino? It's like entrusting your wins back into the hands of the people you won the money from, I don't like the sound of it.
The user may not be trying to say that the user will just deposit and will not play. If the user won't play then there is no benefit for depositing on the site. It can be used for various purposes but it may used instead of withdrawing funds or it might safe funds from betting large amount by mistake.

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Eternad
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December 01, 2023, 05:09:56 PM
 #64

Why deposit money on a casino when you aren't ready to play with it? That's not good, so if I recommend any casino with vault features for you now you will store your crypto assets on such storage? Or the money you win from the casino? It's like entrusting your wins back into the hands of the people you won the money from, I don't like the sound of it.
it might safe funds from betting large amount by mistake.

This is the main reason why vault was introduced. Some gambler usually becomes greedy on their bet when adrenaline rush kicks in that sometimes makes them bet carelessly and lose all even with huge bankroll. Vault was introduced so that gambler can make part of their bankroll partially inaccessible to avoid betting error.

Also some vault offer different layer of protection which gives extra protection for user funds once they want to left the funds on casino account to save time and fee when they want to play again.

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