Justice Fund?

[EluguHcman]

I don't know how wealthy this site could be but what I senses there is that they are only doing that to build their reputation because from what most casinos does, they easily look for what that will make their users not to have full access to their funds that is won on their site.

Hmm... Casinos that does treats the users in that manner of depriving them from accessing their funds when there is no legal charges against the user(s).
Any casino that exhibits such acts really had lost their reputations because reputable casinos will do no such thing.

The only term I know that users experiences the locked out from withdrawing their funds is when the user has not completed their KYC or they have a record of illegal transactions with their gambling account.
Any reputable casino will also be transparent in their T&C and specify the limit by which players have access of their funds.
So I will think the Otherwise that such casino is a scam.

[5W-KILO]

I don't know how wealthy this site could be but what I senses there is that they are only doing that to build their reputation because from what most casinos does, they easily look for what that will make their users not to have full access to their funds that is won on their site.

Hmm... Casinos that does treats the users in that manner of depriving them from accessing their funds when there is no legal charges against the user(s).
Any casino that exhibits such acts really had lost their reputations because reputable casinos will do no such thing.

The only term I know that users experiences the locked out from withdrawing their funds is when the user has not completed their KYC or they have a record of illegal transactions with their gambling account.
Any reputable casino will also be transparent in their T&C and specify the limit by which players have access of their funds.
So I will think the Otherwise that such casino is a scam.

Every casinos that try to restrict their customers from having access to the money that they just won can't be trusted, I can only find myself in that situation once because it will never repeat itself, mostly new online casinos are guilty of this wicked strategy.

It's all good until you won good amount of money and their real color starts to show, casinos don't have any right to lock you out of your funds because you don't pass KYC verification, the choice should be present, either pass the KYC verification or your withdrawal won't be processed.

There is no need of blocking your account, this behaviour is something that a criminal or chater deserves not those you called customers, the first step to a successful business is how you choose to treat your customers because there will always be a second time, if you treat them wrong the first time there will never be a second time..

[7juju]

The only term I know that users experiences the locked out from withdrawing their funds is when the user has not completed their KYC or they have a record of illegal transactions with their gambling account.

Haven’t you heard of cases where a casino will advertise that they are no kyc platforms, but upon winning a big amount of money they start requesting for kyc from the user? If the user refuses to do the kyc or don’t have the documents for the kyc they end up losing their funds. When it comes to these casinos anything is possible, just pray that when it gets to you that things don’t turn bad. A casino can accuse you of anything just to make sure they frustrate your efforts of withdrawing your funds, especially when the money is too bi for them to pay.

[swogerino]

The only term I know that users experiences the locked out from withdrawing their funds is when the user has not completed their KYC or they have a record of illegal transactions with their gambling account.

Haven’t you heard of cases where a casino will advertise that they are no kyc platforms, but upon winning a big amount of money they start requesting for kyc from the user? If the user refuses to do the kyc or don’t have the documents for the kyc they end up losing their funds. When it comes to these casinos anything is possible, just pray that when it gets to you that things don’t turn bad. A casino can accuse you of anything just to make sure they frustrate your efforts of withdrawing your funds, especially when the money is too bi for them to pay.

That happens only with no big reputable casinos to begin with. If a big reputable casino says it is KYC free they mean what they say and no matter how big your win is they usually pay it out very fast. Of course I have been saying this many times but here is again a good place to repeat that people have enough of well established big reputable casinos here in the forum and if they go ahead to play in non such well known casinos they are the only ones to blame. Why would I play in a not well known casino when there are plenty of trustworthy ones in here, it does not make sense.

[Akaenyi]

The only term I know that users experiences the locked out from withdrawing their funds is when the user has not completed their KYC or they have a record of illegal transactions with their gambling account.

Haven’t you heard of cases where a casino will advertise that they are no kyc platforms, but upon winning a big amount of money they start requesting for kyc from the user? If the user refuses to do the kyc or don’t have the documents for the kyc they end up losing their funds. When it comes to these casinos anything is possible, just pray that when it gets to you that things don’t turn bad. A casino can accuse you of anything just to make sure they frustrate your efforts of withdrawing your funds, especially when the money is too bi for them to pay.

We've heard a number of cases even in this forum where casinos clearly scammed gamblers for no justifiable reasons, if not you wouldn't be hearing about scam casinos, they are there and we only know them when they are exposed. Normally we hear about cases of stringent KYC verifications when gamblers wins a lot of money in some casinos, they will want to quiz the gambler to see if they cannot come up with their requirements inorder to confiscate the win. The gambling victims that this Cashy casino pays their wins that other casinos where they won didn't pay, I'm sure that Cashy must investigate thoroughly before paying the gamblers. If they pay a gambling victim it would mean that the casino where they won actually scammed them.

[julerz12]

Updated the thread title.
I don't want to give these guys some sort of organic advertisement, given the fact that they are connected to BitStarz Casino. <sup>[1]

[1]: https://bitcointalk.org/index.php?topic=5597316.msg67258236#msg67258236</sup>

[BitBakerr1]

The only term I know that users experiences the locked out from withdrawing their funds is when the user has not completed their KYC or they have a record of illegal transactions with their gambling account.

Haven’t you heard of cases where a casino will advertise that they are no kyc platforms, but upon winning a big amount of money they start requesting for kyc from the user? If the user refuses to do the kyc or don’t have the documents for the kyc they end up losing their funds. When it comes to these casinos anything is possible, just pray that when it gets to you that things don’t turn bad. A casino can accuse you of anything just to make sure they frustrate your efforts of withdrawing your funds, especially when the money is too bi for them to pay.

You are actually correct, I have been a victim of a casino who said they are no KYC casino, after I registered and deposited and then start using the casino I won huge amount of money and when I wanted to withdraw, they refused me from withdrawing and ask for KYC which I did and they sent me the money I won.
I know that the same thing has happened to a lot of people that are gamblers and some of them lose their money because even after the KYC the casino refuse to send them their money and this kind of casino are just scam casinos, let’s be careful of new casinos.
As a gambler don’t deposit money you can’t afford to lose, do this especially on new casinos without reputation.

[Ashawowo(OS)]

The only term I know that users experiences the locked out from withdrawing their funds is when the user has not completed their KYC or they have a record of illegal transactions with their gambling account.

Haven’t you heard of cases where a casino will advertise that they are no kyc platforms, but upon winning a big amount of money they start requesting for kyc from the user? If the user refuses to do the kyc or don’t have the documents for the kyc they end up losing their funds. When it comes to these casinos anything is possible, just pray that when it gets to you that things don’t turn bad. A casino can accuse you of anything just to make sure they frustrate your efforts of withdrawing your funds, especially when the money is too bi for them to pay.

Any casino can advertise NO-KYC as a marketing stunt, it's the duty of the gambler to confirm their claims on their Terms and conditions. Most times, it's boldly written there the conditions that the casino would request KYC but the gambler driven with desires to claim deposits bonus or gamble does not properly go through the terms and start calling out casinos when such documents are requested.

Cashy Justice funds is there for those who are I'll treated by the casinos and not those who ignored to read the terms and conditions, especially if you've complied with the the casino by providing necessary documents and they still unjustly withhold your funds.

[el che]

...

While this is good for those who are seeking compensation for their losses, it makes me wonder why Cashy is doing this. I mean, it wouldn't be a surprise if they were compensating their own users, but users from other casinos? Why? What's in it for them? Good PR? Building their reputation? That certainly might happen if they continue on helping various users.

...

Take this whole "Justice Fund" pitch with a massive grain of salt. Casinos aren't non profits and paying off rival casinos' victims is just a high customer acquisition cost marketing stunt to build a targeted list of active high volume bettors. They get to cherry pick cheap, clean cut cases for maximum Telegram clout while ignoring anything that doesn't fit their monthly PR budget. Add in the connection to Gareton BV a group with plenty of negative trust history on this forum and an AskGamblers affiliate promo, and it's clear this is just an expensive funnel to siphon frustrated degens into their own ecosystem.

[Webetcoins]

It can just be one of a marketing strategy for cashy as they can gain traction from a lot of users who have been wronged by other casinos. Due to the large number of shady casinos, the affected users will actually be a bigger number and if everyone starts turning up to cashy just to claim lost funds, I think cashy might soon run out of business as even the $1 million set aside would be exhausted pretty soon. Cashy will have to come up with some different marketing strategy focusing on these affected players so they can still retain the players once the justice funds are exhausted.

This is a really good initiative by cashy and I think it would be highly appreciated by the community at least until we know what the real game is. At first, any platform like cashy might seem genuine but it is only once they start getting bigger funds, they start showing their true colours.

[henmark]

Updated the thread title.
I don't want to give these guys some sort of organic advertisement, given the fact that they are connected to BitStarz Casino. <sup>[1]

[1]: https://bitcointalk.org/index.php?topic=5597316.msg67258236#msg67258236</sup>

That's quite relevant now. Yes, it seemed like organic marketing for those guys and users like me who never heard about this platform were now known. Even I have lost a small amount in the past because casino wronged me and users like me would like to get at least some of their funds back so they would rush towards platforms like Cashy. At first, we might get paid but we never know what the main motto is and in worst case scenario, we might end up spending more than what we lost in the past.

Same owner from BitStarz is a huge red flag for me because BitStarz is already tagged on forum and I was not able to find any other actual marketing material for Cashy so it seems like they are avoiding forum.

[BigTarget]

The only term I know that users experiences the locked out from withdrawing their funds is when the user has not completed their KYC or they have a record of illegal transactions with their gambling account.

Haven’t you heard of cases where a casino will advertise that they are no kyc platforms, but upon winning a big amount of money they start requesting for kyc from the user? If the user refuses to do the kyc or don’t have the documents for the kyc they end up losing their funds. When it comes to these casinos anything is possible, just pray that when it gets to you that things don’t turn bad. A casino can accuse you of anything just to make sure they frustrate your efforts of withdrawing your funds, especially when the money is too bi for them to pay.

You are actually correct, I have been a victim of a casino who said they are no KYC casino, after I registered and deposited and then start using the casino I won huge amount of money and when I wanted to withdraw, they refused me from withdrawing and ask for KYC which I did and they sent me the money I won.
I know that the same thing has happened to a lot of people that are gamblers and some of them lose their money because even after the KYC the casino refuse to send them their money and this kind of casino are just scam casinos, let’s be careful of new casinos.
As a gambler don’t deposit money you can’t afford to lose, do this especially on new casinos without reputation.

You should never actually trust any platform that offers no-KYC deposits. Deposits are not a problem on these platforms and you can even deposit in millions but it is when you start withdrawing. These casinos do not operate straight and they have a number of hidden clause in their terms of services so they can always prove you wrong. Also, withdrawing a big sum from that casino will always get some attention and they won't simply allow you to withdraw if there's even a slight chance of them being able to keep the funds.

I would never risk more than $100 on these no KYC casinos. Almost every casino is now forced to verify KYC documents to comply with the AML policies. Any casino operating without KYC verification will simply be shut down by the authorities.

[noorman0]

-snip-
While this is good for those who are seeking compensation for their losses, it makes me wonder why Cashy is doing this. I mean, it wouldn't be a surprise if they were compensating their own users, but users from other casinos? Why? What's in it for them? Good PR? Building their reputation? That certainly might happen if they continue on helping various users.

If there’s such a thing as "selective fraud," then there’s now also "selective assistance." What I mean is, they might have internal criteria and considerations that they won’t disclose. It’s not just about whether a loss warrants compensation, but also whether helping you could potentially be profitable for them. I suspect they’ll also ask for other data, such as your history of gambling activity.

[DanWalker]

Updated the thread title.
I don't want to give these guys some sort of organic advertisement, given the fact that they are connected to BitStarz Casino. <sup>[1]

[1]: https://bitcointalk.org/index.php?topic=5597316.msg67258236#msg67258236</sup>

So Gareton B.V. team is already carrying BitStarz's baggage around on our forum! wtf

A smart customer acquisition play, cloaked in guise of justice.
In fact, processing claim payout of $1k or $10k onchain is quite inexpensive compared to lifetime value of their players. And then there are free PR story that come along with it. Also mandatory recorded video call, in turn, transform every payout into free marketing content.

I think, that fund might not be fake.
But these are not exactly pure altruism either.
It is simply a calculated way to acquire trust and credibility that their new brand needs.

[fredericktaylor]

You should never actually trust any platform that offers no-KYC deposits. Deposits are not a problem on these platforms and you can even deposit in millions but it is when you start withdrawing. These casinos do not operate straight and they have a number of hidden clause in their terms of services so they can always prove you wrong. Also, withdrawing a big sum from that casino will always get some attention and they won't simply allow you to withdraw if there's even a slight chance of them being able to keep the funds.

Whether a casino is good or bad does not depend only on the KYC of the casino, I think it is right to trust a casino only when the casino has a valid license, is transparent in terms of rules and regulations, has a good reputation and has been operating for a long time and if a customer faces any problem, it can be resolved quickly and the gambler does not have to face additional problems while withdrawing money and there should be transparency in this regard that personal information is absolutely safe by completing KYC. When the casino is transparent about these things then I can trust the casino. It is not that you are safe just by completing KYC, you have to consider the overall aspect of the casino.

[o48o]

-cut-
While this is good for those who are seeking compensation for their losses, it makes me wonder why Cashy is doing this. I mean, it wouldn't be a surprise if they were compensating their own users, but users from other casinos? Why? What's in it for them? Good PR? Building their reputation? That certainly might happen if they continue on helping various users.

Per their own data, they've paid around $84k already.

[ EDIT ] I think this info is somewhat important.  

Fun Fact: This casino was operated by Gareton B.V. which is same company of BitStarz casino that has negative trust rating on the forum.
https://bitcointalk.org/index.php?action=profile;u=307265

https://www.askgamblers.com/online-casinos/companies/gareton-b-v

^{P.S. I don't know if this belongs here (cause it's a service, right?) or in the gambling boards. I didn't find any official thread about this casino. Also, I'm not affiliated with them, and this isn't a sponsored post.}

Could they be buying rights to sue those places themselves with interest. Like a company that buys a loan etc, because with big enough staff, that could be even profitable.

And while it's obvious that it's best possible PR, they are able to openly spread bad pr against against some casinos, while actually not defaming any of them. And since news from services like are spreading automatically, it can be more valuable campaign stragy then any ads would do.

[Yeesha]

The only term I know that users experiences the locked out from withdrawing their funds is when the user has not completed their KYC or they have a record of illegal transactions with their gambling account.

Haven’t you heard of cases where a casino will advertise that they are no kyc platforms, but upon winning a big amount of money they start requesting for kyc from the user? If the user refuses to do the kyc or don’t have the documents for the kyc they end up losing their funds. When it comes to these casinos anything is possible, just pray that when it gets to you that things don’t turn bad. A casino can accuse you of anything just to make sure they frustrate your efforts of withdrawing your funds, especially when the money is too bi for them to pay.

Trust casino at your own risk. And the casino that we're actually talking about now, I don't know what they're actually doing or what they are actually trying to prove. I'm still wondering if it is possible for a player to retrieve back the loss money through any means. For a particular casino to volunteer to take such risks, they must be planning something behind the scenes. I don't think whether promises count in the world of gambling, if not why would a casino give its customers false information or false promises, making them believe that the casino is no KYC casino, and at the end of the day they make the players go through KYC process in order to withdraw a huge amount of money.

[Doan9269]

The only term I know that users experiences the locked out from withdrawing their funds is when the user has not completed their KYC or they have a record of illegal transactions with their gambling account.

Haven’t you heard of cases where a casino will advertise that they are no kyc platforms, but upon winning a big amount of money they start requesting for kyc from the user? If the user refuses to do the kyc or don’t have the documents for the kyc they end up losing their funds. When it comes to these casinos anything is possible, just pray that when it gets to you that things don’t turn bad. A casino can accuse you of anything just to make sure they frustrate your efforts of withdrawing your funds, especially when the money is too bi for them to pay.

Some platforms are formed of this and that is why there must be clarity when it comes to being a kyc casino or a fully no kyc gambling casino, I don't know why some casino cannot maintain their consistency being a kyc casino than pretending not to require for kyc and later request of their users to do some document verification after winning, meanwhile things like this are what sounds as red flags to the use of some gambling casinos because gamblers wants a consistent platform that will not disappoint them at any point.

[DrBeer]

One might assume that this is a mix of marketing and a certain kind of "business" operating on the border between the white and gray markets-I'll explain in a moment. As we understand it, NO ONE will EVER just spend their money like that for no reason. Any investment must generate a return, and that return must exceed the investment. How can they make money?
In my opinion,
- this is exactly how they advertise themselves as an "exceptionally honest casino", which boosts trust and attracts users.
- Negative publicity, based on REAL situations, against other casinos can cost those casinos enormous reputational damage. And they'll be willing to "pay to have the case dropped." There will be quite a few such casinos, we know very well how widespread this behavior is among a certain segment of the casino industry.

The first one sounds more logical to me, because I don't think a casino would want to pay another casino to drop a case where their reputation is at stake, because if they really cared this much about their reputation, they wouldn't leave any cases unnoticed or leave any of their gamblers hanging with their withdrawals and such which is basically the reason why this casino has got the opportunity to pay those gamblers and try and earn a reputation for themselves out of it.

So, in my opinion, the only reason why they are doing this is so that they can gain reputation among the gambling community, because it is obvious that no company would spend money on something without any motive in their minds, they will surely think about a positive outcome of something they are doing, especially if that thing involves finances. So they are paying the gamblers who weren't paid by their previous casinos to attract them towards their own casino, and then, when this news spreads across the community, more people will also think that this is such a reputable casino and they should use it instead of others.

...but you have to admit, the status of "a casino that fights against dishonest casinos" is just fantastic-no one had even dreamed of it before, and no one had ever thought of working in this direction, it's simply unparalleled!
And if they actually do work to monitor and punish dishonest casinos-they'll be swamped with users!

[ColdLava40]

Any reputable casino will also be transparent in their T&C and specify the limit by which players have access of their funds.
So I will think the Otherwise that such casino is a scam.

Some non reputable casino still operate in disguise that is why people should make inquiries before signing up on any new casinos to prevent them from being held up on these sites.

A casino is already a scam site to me when they exhibit these kind of behaviors. Holding players money for no reason, or claiming there is an issue with their kyc only when they make a big win and are requesting withdrawals. It all points out to a big red flag.