Getting paid on gambling accounts

[cafter]

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 .

[Cantsay]

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.

I’d suggest you change your wallet address to your non-custodial wallet address and after receiving each payment you can then be depositing bit by bit into your account rather than just putting everything at once. But if your main purpose of participating in a signature campaign is to fund your gambling account then no issue with that.

[cafter]

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.

[michellee]

Having a balance in a gambling account is tempting to use for gambling. But if you can control yourself, you don't have to worry about spending all the money in one day. And you have to start learning to limit yourself so you don't lose control of your emotions.

You can withdraw all the money from the payment to another wallet so you won't be able to use the money to gamble. But it all depends on you because many are tempted to use it for gambling. They want to increase their balance by gambling but in reality, they lose all their money several times.

@OP, you have to learn to control yourself and for the next payment, you have to withdraw your payment money. Don't even think about increasing the amount of money by gambling.

[Jawhead999]

So you're want to make profit because the casino is using $ equivalent, let's say Bitcoin price increase for 5-10%, you're forget if centralized site charge additional fee when you want to withdraw your coins. It needs more than 5-10% to make a profit and that's not easy.

I'm speechless with your decision, if you want to make small profit, I'd say using exchange is better.

[swogerino]

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 .

I get paid for almost two years now every week from a gambling platform for my signature campaign and I must admit sometimes everyone makes mistakes including experienced gamblers like me but most of the times it does not mean  anything,I play about 10 dollars for fun and then withdraw the signature.The longer you keep the money in the platform the higher the temptation it will be so next time do the opposite,withdraw 90-95% of the amount first and only play with 5-10% of the remaining funds and whatever happens you will not be mad at yourself.

The gambling platforms are the ones who pays the most in signature campaigns so you have to train yourself to do the above and there will be no more problems.

[Nwada001]

I was thinking this was some sort of signature payment from a casino project that you are promoting, which made their payment directly into your gambling account. Not until I read the comment from the first commenter did I understand where all this is coming from.
 
I think that's not a wise idea to use a betting platform wallet as your receiving address for signature payment. Let's take the uncontrolled means of gambling aside first; it's too risky. This payment is like your salary, and you receiving it into a casino means you are putting it at risk. And what if you use a casino that you can't just make a deposit and withdraw immediately without meeting the wagering requirements that are set in order to reduce the use of the casino for money laundering activities? What do you think will be the faith of the money? You have to wager your payment and might end up losing all of it just by trying to clean up those funds.
 
And another thing is that you are using a means that doesn't give you total control over funds, as you might not be able to use your bitcoin when you want to use it sometimes. Maybe the casino has some technical issue that can delay withdrawal, or any of such, and what if the casino gets hacked or there is any other activity? Well, I am glad you have realised your own mistake and made a redirection towards such a choice again in the future.

[Yogee]

Would it really make a significant difference if you used your personal wallet to receive payments from signature campaigns? I may be the only one to say this but I doubt things would have changed. I'm only making this assumption based on your gambling impulse as you shared in the OP. It wouldn't take that long to fund your casino wallet if you felt the urge to play so you'll bet them regardless. Nothing wrong with using gambling accounts except maybe the added fees you'll pay when withdrawing.

[Don Pedro Dinero]

I get paid for almost two years now every week from a gambling platform for my signature campaign and I must admit sometimes everyone makes mistakes including experienced gamblers like me but most of the times it does not mean  anything,I play about 10 dollars for fun and then withdraw the signature.The longer you keep the money in the platform the higher the temptation it will be so next time do the opposite,withdraw 90-95% of the amount first and only play with 5-10% of the remaining funds and whatever happens you will not be mad at yourself.

The gambling platforms are the ones who pays the most in signature campaigns so you have to train yourself to do the above and there will be no more problems.

Casinos are well aware of this, which is why many of them pay you into your casino account. I'm sure that quite a few people lose the money in the casino that he gets paid from the signature campaign the same day of the payment, and sometimes more. I'd like to know statistics, which I'm sure no one will reveal, but it must be something like: you have 20 participants in signature campaigns. Of them 5 don't bet anything, about 10 bet part of what they eran in the signature campaign but withdraw part, and another 5 are degenerate gamblers who actually fund the signature campaign with their losses.

[Oshosondy]

Self-discipline is very important. This has not happened to me before. The only money that I was paid and gambled with are the free spin bonuses. After receiving the free spin and I spin and earn some money, I then gamble with the money earned at times. If I win I will withdraw my money and the winnings all at once. But as for my normal money, I can not try to gamble with it. I have self discipline after I overcome gambling addiction two years ago.

[Wiwo]

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.

That is a very bad step to take by submitting you casino wallets to a signature campaign payments because that will become a stool hold on your funds since you must wager at least 1x in most casinos before being able to withdraw and with you current conditions it then means that you have to wager all your weekly payment almost every week and that put you in a higher risk position,  also you may be prompt to be more concern if you discover that you are losing too much money by that decision to use your casino wallets for your weekly basis payment.

Even with my current signature that pays me into a stake account directly,  I still have a percentage set on the amount of balance I leave on the casino at each time and that is all aimed at controlling my gambling activities

[makishart]

Money management is very important here. You must also being so dicipline to control your emotion. You shall try to make sure spend a few percents for that. Try to withdraw it first before you are willing to use your money for the gambling purpose.
I never encountered this kind of problem caused by i were regularly putting ....% to be used for the gambling and try to withdraw the rest. Submitting casino wallet to the signature campaign is not that but this case is pure human error.
Why don't you ask your manager to change your address into the your private address? It will also help you so much in controlling your greed caused by you can have control over your mind.
Im thinking about if this is the best way you can do that.

[coin-investor]

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 .

We at Stake signature campaign can withdraw our payout on our Stake account, you can only play on it or you can withdraw it right away you need to be disciple enough and its a challenge for you to withdraw it, if you think you don't have control don't use a gambling platform address especially if you're active in sports betting and there's sports that you are tempted to bet.

But this is also a good test for you if you can control your urge to gamble knowing you have money coming from your signature earnings but if keeps failing better change the address or you will become a compulsive gamblers trying to recover your losses.

[Gozie51]

I thought there was a twist to the story from your topic, like maybe a payment was made wrongly into a gambling account and you want to report it but reading the body of your post, the contrary is the case. It is a deliberate act that you submitted your gambling account address to be paid on your signature campaign, so how is there a mistake?

You have submitted your gambling address to be paid on it so that it would be easier for you to have a bankroll to wager from  

Seriously, you don't tempt a dog by leaving a bone for it, when you don't want to eat a meat then you don't need to use your teeth as a knife to cut it. In other words, you have been tempting yourself with your weekly pay to double it but unfortunately you are at the other side being battered and brushed by your no luck.

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 .

Some others can wager from their signature campaign payment and win. It is just that way, so the solution if you want that to stop is to pm your campaign manager or write on your campaign thread that you desire to change your wallet address and follow the process.

Except payment must be sent to your gambling account if that is the pattern of payment otherwise, you can change it.

[ajiz138]

Why not use a non-custodial wallet to receive payments from signature campaigns? I think most people use that wallet.

Maybe what you mean is that after receiving payment from the signature campaign, say $40 and want to increase profits by around 5-10%, meaning from $40 initial capital you want to $55 after that you will withdraw it? I don't think gambling can be said to be like that, in fact it is the ones who lose more, the intention is to increase slowly rather than losing everything in a few times.

You need to learn from this mistake and exercise good discipline, at least I myself have never used a gambling wallet to receive campaign payments.

[Wapfika]

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 .

Your idea of getting paid on gambking account is not a bad idea if you are real gambler since you are just receiving onnce a week payment while you can save transfer fee since it’s already on your account but this is disaster if you are not a regular gambler at all since you can easily lose all the money because your will think that it’s just from signature campaign payment. Your deposit balance is also subjected to wagering requirements of the casino since it’s deposit from campaign manager wallet. This is terrible since you will need to wager whenever you receive payment as mandatory to withdraw your balance with or without profit.

[serjent05]

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 .

It is good to know that you learned your lesson well.  I bet you will avoid this kind of activity and withdraw your sig payment as soon as it arrives in your wallet in the casino.   It is indeed not wise to gamble what you can't afford to lose, since this will lead you to stress and frustration and oftentimes blaming oneself because of the unwise decision.

I also do this kind of thing but I never regret my decision because I already accepted that my bankroll is already lost as soon as I start my gambling session.  I consider it to be very lucky when my session ends up with a win.

I also don't think it is bad to do such an action as long as we implement self-control and stop the moment the scenario meets our limit in losses.

[dimonstration]

But this is also a good test for you if you can control your urge to gamble knowing you have money coming from your signature earnings but if keeps failing better change the address or you will become a compulsive gamblers trying to recover your losses.

Testing yourself limit on self-control is a terrible way in the presence of gambling because gambling games is designed to be addictive so you have a high chance to failed your test on an addictive game. It’s same when you are a drug addict and testing yourself to control not taking drugs in a room that you are alone.  

Use only gambling as a leisure activity and don’t give to much importance on it especially to control it because you will never do that the more you think about it.

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This is terrible since you will need to wager whenever you receive payment as mandatory to withdraw your balance with or without profit.

This is good point. The money deposit in there already subject to wager requirements that will force OP to play even if he reach his target profit earlier.

[Porfirii]

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This is terrible since you will need to wager whenever you receive payment as mandatory to withdraw your balance with or without profit.

This is good point. The money deposit in there already subject to wager requirements that will force OP to play even if he reach his target profit earlier.

Not your keys, not your coins. It reminds me when people participated in ICOs with the wallet addresses from exchanges... bad move.

Contact your manager asap to change the address (it is not always allowed but your case might be an exception). If you are concerned about fees, send them low priority, but these sats you are saving the way you are doing it will cost you a lot in retrospective.

[piebeyb]

I hope this will be a lesson for yourself in the future so that it is better to withdraw money from the casino if you join the signature campaign and get paid through their site, because then you will start trying your luck there playing a little and ending up spending all the money you should have use it for your living needs and in the end you have to give the money back to the casino.

I also get paid at the casino but I withdraw the money from my work then I only leave a little in my account to just play and have fun, don't care about multiplying the money and winning, after all we have to remember that the dealer will always win, so understand that and don't expect us to win big even though we can get that chance to win. In essence, all of your experiences will also be a lesson for other signature campaign participants to be able to control their emotions and desire to gamble using their salary from the campaign.