Always check the deposit address

[ajiz138]

That is why it is important to use a non-custodial wallet because we have our own control even if it is depositing coins there whereas to a casino or other centralized platform if they update the depositing address then it needs proof to be credited.

I have experienced the same but it was in the exchange not in the casino so they still credit even though the wallet has been updated it was in the Kucoin exchange.
Yes it is better to double check the wallet to make sure it has not undergone any other updates sometimes we always do this even though it is trivial.

[Rruchi man]

I recently made a loan using a casino wallet address,

Unless it is money meant for gambling it is usually a big mistake to receive money meant for other purpose through your gambling account.

Cross-checking of deposit address whenever it is to be made should be a culture of every investor because asides deposits address changing, there is also the possibility of clipboard virus in your device without your knowledge so you must always cross check to be sure so that whenever an address changes you will be prompt to really observe it before you make the mistake of sending.

[Heartilly]

I understand OP since it's no hassle to re-use the always-used deposit address and gambling sites mostly don't update the deposit address, different from trading platforms and exchanges. I also have that habit when withdrawing from exchanges to gambling sites. As far as I know, the gambling site should have no problem fixing that issue since according to OP, it's just the moment when the funds are sent, that the deposit address got changed.

Good thing that OP got the deposit money and everything went well.

[DaNNy001]

Not only to check the wallet address before deposit but also check the address we copy and paste is correct. The same thing also should be done when it comes to withdraw, double checking the address is always recommended because once transaction is done then it cant be reversed. For special case like personal things (receiving payment or loan), using personal wallet is better so we have full control of the wallet. Using deposit address in a casino is fine as long as the main purpose of taking the loan is to gamble but if we do not want to gamble then there is no good reason to use deposit address in casino to receive payment or taking a loan.

This copy paste error is something that has become a familiar thing in the crypto world especially when it comes related to sending out funds from different wallet because this is not only pin to collection of loan but the overall thing every crypto enthusiast should do is to know that he or she needs to double check the transaction he or she is about to make because like you said once a transaction is broadcast to the network, it's a one-way ticket and no going back.

[topbitcoin]

It is quite important for us to always check our wallet addresses more carefully and carefully, beforehand we will carry out transactions, especially transactions carried out on an online gambling platform. And if there is a change in the nature of your wallet with prior notification, or for example because we missed the information or simply forgot. Of course, this could result in quite a serious problem, like what you experienced (OP). Apart from that, it is quite important for us to be able to sort and choose a stable and reliable payment method when carrying out a transaction, especially when talking about a transaction such as a loan or payment. We need to pay attention to these things, so that we can avoid anything unexpected, and prevent losses.

I thank the OP for sharing his experience, which of course will be a lesson and warning for all of us and also me personally to be more careful in carrying out transactions or other financial activities.

[boyptc]

That's a rare instance but I agree that we have to check it and make it a habit wherever we're going to get our deposit addresses.

So, this could also potentially happen in some services that you're using their address and not from your own wallet that you've generated. Even it is a rare thing to commence.

Do it at all times whenever you're going to send or give it to someone that will send you funds in Bitcoin or any other cryptocurrencies.

[Issa56]

The lesson here is always check the wallet address before you deposit no matter how long do you use the same address. Most importantly don’t use casino wallet address to receive funds that has a delay such as loan money and campaign payments since there’s a chance that they will update their wallet address without prior notice. Keep safe and have fun.

Whenever I make a deposit to any wallet address, I don’t use the wallet that I already copied down, I do copy the wallet directly from the gambling site. There might be an update, and there will be a change in wallet address, which you won’t really notice. I think it's better as you make this post. I am sure most people will be using the one they have copied for some period of time, and they will never confirm if the wallet is the same as the one on their gambling site, they will just send money to the one they have copied for some time. You are lucky that you got your money back. Some people might not be so lucky to get their money back.

[chaser15]

What a bad timing indeed. Honestly, there was no problem at all on the side of OP, regardless of whether he was using a casino address or from any wallet since he always checked the deposit address no matter what when doing a deposit transaction.

It's just that when the expected funds arrived that deposit address got updated a while ago.

A bad timing and the site should not keep OP hanging on that problem. Usually, even if it was sent to the former address, the funds should still be received by OP since there should be at least a period before the former address will be completely unlinked to the OP's deposit address on that platform.

[stomachgrowls]

That's a rare instance but I agree that we have to check it and make it a habit wherever we're going to get our deposit addresses.

So, this could also potentially happen in some services that you're using their address and not from your own wallet that you've generated. Even it is a rare thing to commence.

Do it at all times whenever you're going to send or give it to someone that will send you funds in Bitcoin or any other cryptocurrencies.

Its good that the said casino did really make out such consideration on giving it back on which it would really be just that right that they would really be doing so specially if they havent been able to include it into their terms or having no announcement of such change address then its just right that they would be giving it back because if its not and its been proven that this is an address that belongs to the casino then it would
really be making such big ruckus when complaints and issues been raised. Just like on what most people been saying that it would be always better that you should really be checking deposit addresses on the time that you would really be making out such transfers on which we know that there might be some last minute change on which it would really be resulting into such hassle on which this is something
that we dont really like to happen.

[livingfree]

What a bad timing indeed. Honestly, there was no problem at all on the side of OP, regardless of whether he was using a casino address or from any wallet since he always checked the deposit address no matter what when doing a deposit transaction.

I agree, it's should be honored by the casino if that address is designated to OP's account. They can always verify and recover funds that are sent to that address because they have no prior mentioned announcement for that change.

He did the right thing of checking his deposit address first which is a norm for each of us before doing any transaction.

It is that the situation startled by the casino for doing some updates and there's no need to argue with that if a user used the old address and they have made that update just a few minutes ago after the transaction was done.

[SatoPrincess]

Knowing about clipboard malware and the irreversible nature of bitcoin transactions, it has become a habit for me to double check my wallet address before proceeding with any transactions. I have read similar stories like yours about people losing money because they made a mistake with their wallet address. In your case, the casino was very kind to credit your account with the funds considering the fault was from your end.

[sokani]

Thanks for the heads up, I'm aware exchanges periodically update their address but this is the first time I'm getting to know casinos do same. This is a lesson to everyone and I'm happy that you were able to recover your funds back.

I guess you also learnt a valuable lesson not to use a casinos wallet address to ask for loan because you might not be lucky to get your loan application processed on time and if there's a wallet update, you might not be lucky the second time getting things sorted out with the casino's support.

[serjent05]

@OP isn't checking and verifying any deposit address a standard operating procedure whenever we deposit?  I wonder what makes you careless about not checking your deposit address especially when it is  used as receiving address for a loan.  I am glad that the casino you are playing with is considerate people and you are able to recover your funds.

This is also one of the major rules I follow, verify the address every time I make a deposit after the experience of sending an amount of crypto to the wrong address in my early years in cryptocurrency.  It was around 0.025 BTC worth of altcoin.  I got confused and sent the amount to an address that does not belong to me but in my sent and received history (using the altcoin wallet itself)  It was a complete lost and from that I learned my lesson to not only double check but triple check and even verifying the last first and last six digit of the receiving address.

[Z-tight]

You took a loan and sent the money into your casino wallet address, do you want to gamble with borrowed funds? I hope not, because that is not a good thing to do. Take note that you should always check and copy the right address when you are receiving or sending funds to a custodial wallet, you can't be sure if the service have changed the deposit address in your account. I know that you may be avoiding tx fees, but it is recommended to receive funds from a third party in your own self custodial wallet and then you can fund your casino address by yourself.

[AmoreJaz]

You took a loan and sent the money into your casino wallet address, do you want to gamble with borrowed funds? I hope not, because that is not a good thing to do. Take note that you should always check and copy the right address when you are receiving or sending funds to a custodial wallet, you can't be sure if the service have changed the deposit address in your account. I know that you may be avoiding tx fees, but it is recommended to receive funds from a third party in your own self custodial wallet and then you can fund your casino address by yourself.

That is my impression here, but that's his business anyway. But this reminder one should always do even if it is only one week that you know you have copied your address. Because every time you want to send some funds, you make sure that you check and copy the address. Like for example, some exchanges update their wallets and so the addresses may change.

[Casdinyard]

This is not new warning but I think people might need to be reminded about this after experiencing this personally just now. I recently made a loan using a casino wallet address, I check the wallet address if it’s the same before I ask the loan and I confirmed that it was the same.

The problem comes when the loan is already sent while my casino wallet address update right after the loan amount sent. Take note that I’m using same wallet address since I play to this casino for about 3 years and they just update my wallet address some time after I post my loan request here.

To make the story short. The balance is not credited but after a lengthy discussion with the support and after sending proof that my old wallet address is still the same when I made the deposit(loan) then they recover my funds out of good will.

The lesson here is always check the wallet address before you deposit no matter how long do you use the same address. Most importantly don’t use casino wallet address to receive funds that has a delay such as loan money and campaign payments since there’s a chance that they will update their wallet address without prior notice. Keep safe and have fun.

Good story and all that, but let me share a story of mine as well lol. Didn't particularly happen to me because of gambling but almost happened while I was trying to swap cryptos in between exchanges (binance to my phantom wallet and then jupiter), I didn't notice that I had my crypto from Solana and almost sent it to a wrong deposit address (Binance gives you the option of either sending Solana coins in a BEP20 exchange, or through Solana classic deposit address), I had double tapped on BEP20 and honestly didn't know if it would go through but luckily I was able to not press the yellow button of confirmation, saving me from a probable loss of a couple hundred dollars in crypto I would've used to make bets in.

Also happened to a friend of mine in the past here, he got clowned by oldies in this forum as he mistakenly copied the address of someone from the forum while trying to copy the format of the signature campaign application. People are so quick to call that out (and as they should) but it was evident it was an honest mistake.

Be very careful of your deposit addresses whether you're gambling or not, it's very easy to lose your money in here by mispressing a button or sending the wrong address. Don't be a cautionary tale.

[Wiwo]

This is not new warning but I think people might need to be reminded about this after experiencing this personally just now. I recently made a loan using a casino wallet address, I check the wallet address if it’s the same before I ask the loan and I confirmed that it was the same.

The problem comes when the loan is already sent while my casino wallet address update right after the loan amount sent. Take note that I’m using same wallet address since I play to this casino for about 3 years and they just update my wallet address some time after I post my loan request here.

To make the story short. The balance is not credited but after a lengthy discussion with the support and after sending proof that my old wallet address is still the same when I made the deposit(loan) then they recover my funds out of good will.

The lesson here is always check the wallet address before you deposit no matter how long do you use the same address. Most importantly don’t use casino wallet address to receive funds that has a delay such as loan money and campaign payments since there’s a chance that they will update their wallet address without prior notice. Keep safe and have fun.

You made a big mistakes for using a casino wallet to deposit anything other than making deposits to gamble with, because receiving a loan or other payments with a casinos wallet is like exposing yourself and loan amount into higher risk that will eventually go wrong for you as a gambler,  bit then also you are right in your warning in the area of always going to the casinos or whatever wallet page of the platform you want to use and copying the address afresh each time you want to make a deposits because most of this platforms changes their address so often.

Is pauses higher risk for you as a gamblerto have balance in your casinos account and left alone receiving loans credit via such risk medium unless if you are taking the loan to gamble with.

[Orpichukwu]

Not only to check the wallet address before deposit but also check the address we copy and paste is correct. The same thing also should be done when it comes to withdraw, double checking the address is always recommended because once transaction is done then it cant be reversed. For special case like personal things (receiving payment or loan), using personal wallet is better so we have full control of the wallet. Using deposit address in a casino is fine as long as the main purpose of taking the loan is to gamble but if we do not want to gamble then there is no good reason to use deposit address in casino to receive payment or taking a loan.

This copy paste error is something that has become a familiar thing in the crypto world especially when it comes related to sending out funds from different wallet because this is not only pin to collection of loan but the overall thing every crypto enthusiast should do is to know that he or she needs to double check the transaction he or she is about to make because like you said once a transaction is broadcast to the network, it's a one-way ticket and no going back.

You're absolutely correct, there's always need to double-check your transactions before going ahead to send them, especially when it comes to crypto, because once a crypto transaction has been sent and confirmed, there's no more turning back as you can't recover the funds if eventually it went to the wrong address.

Mistakes are most likely to occur whenever we are in a hurry or when our brain or mind is currently occupied with other matters and this is why it's very important to always double-check and confirm your transactions, even when you're not in a hurry or occupied with other things, to avoid losing your funds.

Everyday we hear about how people lose their crypto assets due to this clipboard virus issues, and this is because they've refused to double-check before sending the final command, this is why we must always be extra careful and attentive when sending out funds, whether crypto or even fiat.

[TopT3ns]

@OP isn't checking and verifying any deposit address a standard operating procedure whenever we deposit?  I wonder what makes you careless about not checking your deposit address especially when it is  used as receiving address for a loan.  I am glad that the casino you are playing with is considerate people and you are able to recover your funds.

This is also one of the major rules I follow, verify the address every time I make a deposit after the experience of sending an amount of crypto to the wrong address in my early years in cryptocurrency.  It was around 0.025 BTC worth of altcoin.  I got confused and sent the amount to an address that does not belong to me but in my sent and received history (using the altcoin wallet itself)  It was a complete lost and from that I learned my lesson to not only double check but triple check and even verifying the last first and last six digit of the receiving address.

That's right, on average when you want to make a cryptocurrency transaction you have to re-correct the recipient's address because if one letter is different it won't go into the wallet you have, even now it is equipped with several different networks, so you have to be careful when you want to When carrying out cryptocurrency transactions, make sure the recipient address and network used are correct.

[ralle14]

The lesson here is always check the wallet address before you deposit no matter how long do you use the same address. Most importantly don’t use casino wallet address to receive funds that has a delay such as loan money and campaign payments since there’s a chance that they will update their wallet address without prior notice.

I agree, as much as possible we should have a spare wallet where we can send the borrowed money instead of relying on the casino's deposit address. And it's better to be cautious by going through the extra effort of creating another transaction to avoid those unexpected problems.

Also, it's good to hear that the casino helped you recover the money in the end because i've heard similar cases from others and I rarely see them getting it back.