Getting paid on gambling accounts

[Kakmakr]

There are too many people out there that are thinking that gambling are some kind of miracle system that generate easy profits. The majority of people lose money in a casino and those that do win, lose most of that money again.. because they continue gambling.

My advice will be not to link your casino deposit address to any signature campaign... not just because you will be tempted to gamble with it, but rather because that address cannot be signed by yourself, if the signature campaign manager requires it. (Not your private key... not your coins) 

[Outhue]

I made a mistake of getting paid for signature campaign in gambling platform accounts.
When I got my payment, I thought I would slowly increase the amount by about 5-10% before I initiate a withdrawal. But I quickly lost control of my emotions and ended up blowing the entire balance of my account. This happened more than once, it happened about 5 times as I received money from different sources.
It’s important for me to tell this story so that others don’t make the same mistake I did. This has been a huge life lesson in managing money and emotional self-discipline .

That's a bad practice mate, some people are able to control themselves from gambling because they closed all the temptations that could make them do stupid things, emotions are very hard to control, you must not give it a chance, this is one way to stay ahead.

Using credit cards for gambling will drive your emotions, you could think of gambling on debt maybe you will win and before you know what you've gotten yourself into, it's already too late.

It's a bad practice to also deposit money that's not meant for gambling into your online casino profile, you will be easily moved by your emotion to try your luck,  in this case your money is better in your crypto wallet.

Give no room for gambling to take over your mind, say no to credit card, say no to big deposits into online casinos, some campaigns pay participants directly into their platform account, this is a different case and even if this is it, I would immediately move my balance out of the casino, before my mind think about something stupid.

[noorman0]

-snip-
since you must wager at least 1x in most casinos before being able to withdraw

It depends on the platform requirements, I remember a campaign that paid into the casino account and could be withdrawn without conditions. Ofcourse, spending that money into their own platform is the ultimate hope. But, these kinds of payments are not bad at all as long as you have a plan with them and keep them consistent, essentially it is the user's responsibility regardless of the source of the money.

[Wiwo]

-snip-
since you must wager at least 1x in most casinos before being able to withdraw

It depends on the platform requirements, I remember a campaign that paid into the casino account and could be withdrawn without conditions. Ofcourse, spending that money on their own platform is the ultimate hope. But, these kinds of payments are not bad at all as long as you have a plan with them and keep them consistent, essentially it is the user's responsibility regardless of the source of the money.

I know about casinos that allow campaign participants to withdraw without any wager requirement,  even my current campaign does the same I can withdraw all my balance when am paid for the week,  but the situation won't be the same for someone who is in another campaign such as ops own situation where he had to submit his casino wallet address to campaign manager for the weekly payment to be paid into his gambling account,  in this situation,  the casino is seeing the deposits as a normal gambler deposit and it will be subject to 1x wagering requirement before being available for withdrawal.

So the best option for the ops right now is to contact the campaign manager to have his wallet changed,  because continuing like that will make it hard for him to be able to avoid some form of gambling urge.

[MainIbem]

Sorry to say, this is foolish decision you made by submitting your gambling deposit address to a signature campaign, after several warning here that they are saying do not use exchange and other site address to submit for a signature campaign or something like that. After warning not your key not your coin? Didn't you know how to go create electrum wallet address or what makes you to go deposit your money were you could easily lose your money by either loosing it via gambling or a shut down.

This is a very terrible experience and i wouldn't like you to do that again but try to write to your manager to change the address to another non custodial address.

[DabsPoorVersion]

There are too many people out there that are thinking that gambling are some kind of miracle system that generate easy profits. The majority of people lose money in a casino and those that do win, lose most of that money again.. because they continue gambling.

My advice will be not to link your casino deposit address to any signature campaign... not just because you will be tempted to gamble with it, but rather because that address cannot be signed by yourself, if the signature campaign manager requires it. (Not your private key... not your coins) 

We all know the very reason why people think that way on gambling. It is indeed that you can generate an easy profit through gambling, however, the opposite can also happen, you can lose your money if you lose the bet. Like what happen to OP, he thinks of generating more money using his salary from signature campaign but ended up losing it.

OP should consider alloting a small amount of money when he gamble. If that certain amount of money lost, then he should stop and keep the remaining money. Don't think of chasing his losses as it will only lead to more losses.

[goldkingcoiner]

I made a mistake of getting paid for signature campaign in gambling platform accounts.
When I got my payment, I thought I would slowly increase the amount by about 5-10% before I initiate a withdrawal. But I quickly lost control of my emotions and ended up blowing the entire balance of my account. This happened more than once, it happened about 5 times as I received money from different sources.
It’s important for me to tell this story so that others don’t make the same mistake I did. This has been a huge life lesson in managing money and emotional self-discipline .

Life lesson indeed. Furthermore if you store large amounts of money, you might find out that storing your money on a centralized, third party platform wallet is going to be another painful lesson. Be smart, be safe.

Make gambling rules and hold yourself to them. Make limits. Make rules. Do not go into gambling without knowing exactly how much you are planning to lose for the day.

We are all only human, so we really need to remind ourselves of our weaknesses. Otherwise the inevitable will keep on happening and we will find ourselves at the starting point, with an empty wallet, again and again and again.

[Hirose UK]

-snip-
since you must wager at least 1x in most casinos before being able to withdraw

It depends on the platform requirements, I remember a campaign that paid into the casino account and could be withdrawn without conditions. Ofcourse, spending that money into their own platform is the ultimate hope. But, these kinds of payments are not bad at all as long as you have a plan with them and keep them consistent, essentially it is the user's responsibility regardless of the source of the money.

Indeed there are some gambling sites that do not have requirements for withdrawals and here there are also campaigns where payments are made directly into the casino account but users can immediately withdraw certain amount of payment without needing to make bet even just once.
But it feels unethical when we join campaign but don't use some of the payment money to bet or play there because we get certain amount of money from the site campaign and at least some small amount we are willing to bet or play so that we can find out or get pleasure from playing on that site.
Maybe there are some people who say that when taking part in campaign we are not obliged to play on the site but are there people who take part in the campaign or in the sense of working to get paid but don't want to try what is provided by the place where we work as campaign members?.

After all we are gamblers whether we are active gamblers or not but being able to gamble in many places will be very beneficial because it can provide experience and insight into each gambling site.

[jrrsparkles]

I made a mistake of getting paid for signature campaign in gambling platform accounts.
When I got my payment, I thought I would slowly increase the amount by about 5-10% before I initiate a withdrawal. But I quickly lost control of my emotions and ended up blowing the entire balance of my account. This happened more than once, it happened about 5 times as I received money from different sources.
It’s important for me to tell this story so that others don’t make the same mistake I did. This has been a huge life lesson in managing money and emotional self-discipline .

There is no one to blame here other than you because there is no wagering requirements for the amount you getting paid from gambling promotion unlike just normal deposits so you are allowed to withdraw when you see the balance in your account and if you fail to do that then its just only your mistake. At least you realized, so what you are going to do now.

Getting paid into your wallet is the actual solution to the problem you are talking about because if you have such urge then I don't see any reason for you to stop transferring funds from your crypto wallet to casino accounts.

[ultrloa]

There are too many people out there that are thinking that gambling are some kind of miracle system that generate easy profits. The majority of people lose money in a casino and those that do win, lose most of that money again.. because they continue gambling.

My advice will be not to link your casino deposit address to any signature campaign... not just because you will be tempted to gamble with it, but rather because that address cannot be signed by yourself, if the signature campaign manager requires it. (Not your private key... not your coins) 

We all know the very reason why people think that way on gambling. It is indeed that you can generate an easy profit through gambling, however, the opposite can also happen, you can lose your money if you lose the bet. Like what happen to OP, he thinks of generating more money using his salary from signature campaign but ended up losing it.

OP should consider alloting a small amount of money when he gamble. If that certain amount of money lost, then he should stop and keep the remaining money. Don't think of chasing his losses as it will only lead to more losses.

Even if you say that still not everyone can easily do that action because sometimes its hard to settle up if you still want to play the game. Maybe in that situation he should consider to bet small and don't exceed so that when he realize that he lose a lot on small bets he placed then he should quit. But its hard to say that because not everyone can easily apply the suggestions told by people since some of them think that they are the master of their own self and no one can dictate on what they should do.

They are the one who can fix theirselves and for sure for many years of experiencing on gambling for they can learn a lot and maybe from that time these people can learn some methods on how to self control in gambling.

[Oasisman]

Would it really make a significant difference if you used your personal wallet to receive payments from signature campaigns?

I bet there will be a significant difference there. When you already have that fund readily available on your account, you are only one step closer to placing a bet anytime you want even when your gambling urge did not kick in once you see a fund on your account it's quite inevitable to resist that kind of temptation to place a small bets.
I'd rather receive my signature campaign earnings received in my preferred wallet away from the gambling platform if that gives me an option, rather than dealing the risks of making micro bets that would eventually become a bigger loss.

[Fivestar4everMVP]

I made a mistake of getting paid for signature campaign in gambling platform accounts.
When I got my payment, I thought I would slowly increase the amount by about 5-10% before I initiate a withdrawal. But I quickly lost control of my emotions and ended up blowing the entire balance of my account. This happened more than once, it happened about 5 times as I received money from different sources.
It’s important for me to tell this story so that others don’t make the same mistake I did. This has been a huge life lesson in managing money and emotional self-discipline .

Well, this is simply nothing but your own fault, like you said, you lost control of your emotions which is what lead to you losing your entire balance not once or twice, but 5 times according to you..

By now, I believe you must have known that gambling doesn't give any mandatory or sure profit, it all has to do with your luck, and when unlucky, you can end up losing everything, all you gotta do is learn to control yourself to only gamble with as much as you are ready to lose.

Stake pays their signature participants in their stake account, but not once have I ever lost all my earning for a week on gambling, I do well to watch my gambling habit and that have saved me from lots of unnecessary loses in gambling.

[Reatim]

I made a mistake of getting paid for signature campaign in gambling platform accounts.
When I got my payment, I thought I would slowly increase the amount by about 5-10% before I initiate a withdrawal. But I quickly lost control of my emotions and ended up blowing the entire balance of my account. This happened more than once, it happened about 5 times as I received money from different sources.
It’s important for me to tell this story so that others don’t make the same mistake I did. This has been a huge life lesson in managing money and emotional self-discipline .

You are lucky that you come to learn and listen to your self that early ,
Imagine that you only made that mistakes for 5 and now you are free from that?
how many gamblers here that still in that situation and already hooked that even their savings is being spent in gambling.
congratulations as this is a Job well done mate, you will inspire many members here to
never let their payments go directly in their Gambling account because they will be
surely tempt to do the same as you.

[piebeyb]

Stake pays their signature participants in their stake account, but not once have I ever lost all my earning for a week on gambling, I do well to watch my gambling habit and that have saved me from lots of unnecessary loses in gambling.

Yes, everything comes back to each individual, sometimes there are those who reuse the income from casino signature campaigns to gamble and seek luck so they can get more, as usual humans will never be free from greedy behavior and especially if they complain about their losses on this forum, it's clear We all know that gambling has risks and don't gamble if you still complain about the risks.

It is important to think again before we really gamble whether we are ready enough to lose the money we use to gamble. If we are ready, there is no need to complain about anything which is our own fault for gambling, because otherwise it is not certain that when we win we complain about anything. The point is, don't be greedy, make sure you gamble using the money we are ready to lose when gambling, as long as it is paid by Stake, I only use 10% of my income to gamble.

[Fivestar4everMVP]

Stake pays their signature participants in their stake account, but not once have I ever lost all my earning for a week on gambling, I do well to watch my gambling habit and that have saved me from lots of unnecessary loses in gambling.

It is important to think again before we really gamble whether we are ready enough to lose the money we use to gamble. If we are ready, there is no need to complain about anything which is our own fault for gambling, because otherwise it is not certain that when we win we complain about anything. The point is, don't be greedy, make sure you gamble using the money we are ready to lose when gambling, as long as it is paid by Stake, I only use 10% of my income to gamble.

Very well said my friend, and to just add, greed have actually destroyed alot of people, not just in gambling, but in every aspect of life that has to do with money or finance..

But discussing about gambling in particular, I am not actually surprised to see someone complain here about losing all his Weekly earning on gambling while trying to earn more, I am actually surprised that users here are not complaining everyday here 😅, that shows we sure have more disciplined gamblers than we actually know.

[stadus]

I made a mistake of getting paid for signature campaign in gambling platform accounts.

Did your campaign have an option where you could choose to be paid? If not, then I don't think that's really the mistake. I believe the mistake was your decision to gamble your earnings in the signature campaign. Personally, I have experience getting paid on a gambling platform account in past campaigns, but I never faced the same problem as you. Once I received my payment, I just directly withdrew it to my personal wallet. That was the process until the campaign was stopped.

There's a problem within you in managing yourself in gambling. I think you need to learn more from your mistake so it will not happen again. As a gambler, it's normal to make mistakes, as sometimes we easily get tempted by the kind of winning we envision. It's like gaining experience but at an expensive cost.

[rdbase]

It’s important for me to tell this story so that others don’t make the same mistake I did. This has been a huge life lesson in managing money and emotional self-discipline .

Wow, so you mean to tell me that you submitted your gambling wallet address to your campaign manager when he requested your payment address? Sorry to say this but that wasn’t a wise decision.

The reason why we always calculate how much we are going to put in our gambling account is to make sure we don’t over spend and trust me if you have up to a million dollars in your gambling account you won’t be aware of when you’ll finish everything and that’s why you see people come to the forum and give stories of how they spent over ten thousand dollars in a week on their gambling account and for you to have been receiving your payment in your account seems like a dumb mistake IMO.

Yes, it was a stupid mistake and I thought I would withdraw it after I received it in my gambling account but it was out of my control due to greed and recovering the initial small payment I received.
Because of that small amount I lost more than this many times.
I’m sharing this because a lot of smart people also act like stupid sometimes.
It’s easy to say but it’s hard to follow through every time.

OP, I thought all signature campaigns required you to have those payments or funds you had worked throughout the forum, deposited so to be received onto your gambling account. This wasn't a decision but a requirement by the sites you have affiliation with.
Atleast all the signature and avatar campaigns I have been in required you to put a deposit address from your account on those gambling platforms.
In which, it is common practice most participants will use those received funds to try their luck.
Thus they more than likely will lose most if not all of their payments from these respected campaigns they are in.

[traderethereum]

At least you have realized your mistake and don't repeat it after you get your payment.
It will never be easy for us to increase the amount we earn, especially through gambling because gambling will not give us easy wins.
Instead of using the payment you receive to gamble, you should withdraw the payment and collect it in your wallet so that later the amount will be large too.
You can still use a small part of the payment to gamble but remember that it is just for fun and not to increase the amount.
And before you do that, you must have good self-control so you don't use all the money at once.

[Crypt0Gore]

It's hard to believe that this is a mistake, since the campaign isn't forcing signature campaign promoters to drop casino profile address why did you intentionally drop the casino address? You saw it all coming, you have plan that's why you use such address, now you are making this whole drama as if you are not responsible for this.

If you have gambled and able to double your balance on the casino you won't be here complaining today, am I right? So you already have a mind to use that money to try your luck and things doesn't go as you expected.

Be a man and accept your mistakes, if you are not ready to lose some money do not depose them on any gambling platform, you can suddenly have this interest of trying out your luck, next time use your personal wallet address instead.

[madnessteat]

~snip~

We all lose money gambling at some point and there is nothing extraordinary about it, but the main problem is that you have chosen a high risk entertainment as a tool to make money, and this is not a good strategy. If I were you, I would pay attention to long-term investments in promising cryptocurrencies, and I would consider gambling only as entertainment, but not as an easy way to make money.