A costly gambling mistake - page 4. | Bitcointalksearch.org

goldkingcoiner

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Quote from: Outhue on March 13, 2023, 02:39:37 AM

The most popular mistake that newbies make with online casinos is avoiding the rules and regulations, not all online casinos will put up a warning sign on their first page and say 👇

"New users are welcome, please read our rules and regulation before making your first deposits"

You have to look for the website FAQ and go through it first, I have seen some newbies that avoid doing this has they ended up shooting themselves in the foot.

Some even start spreading FUD on the forum about these gambling platforms that did them wrong, not knowing that they are the ones at fault, they are guilty because they don't read the rules and regulations.

Well, from an ethical standpoint, it would be better if a lot of these online gambling casinos put in a sign for newbies like that. It would be just as ethical as not writing a terms and conditions in tiny lettering.

While many of these complainers are just complaining about losing money after being caught breaking the rules, a large percentage of the complainers are actually just naive people who should have had the terms and conditions shown to their face with the warning that rule breakers would not get their money back.

I think if the casinos put up a warning like that, everyone would read the rules.

But that might not be the most profitable option, for the owners...

danherbias07

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This a nice reminder to every gambler out there especially the new ones.
Not everything can be seen in plain view and let us avoid regretting it when the time comes that we just found out it's part of the TOS. Not just the FAQ's but also going deep into having knowledge about the deposit maximum for a specific account level and then the withdrawal minimums.
Then, there are the transaction fees when we are using cryptocurrencies. Once we are in, deposited money, we have to make sure that we are just paying the right amount when we exit too.
Before, I experienced 50k satoshis of withdrawal fees. Imagine if that kind of online casino is still doing the same number. It's a large amount for just tx fees.

Plaguedeath

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Quote from: letteredhub on March 14, 2023, 10:32:25 AM

First thing I check when registering on any gambling site it's their terms of gambling, how comfortable they may be for me as a gambler and if am not okay with it I keep off. This is money issue we're dealing with here so no time is a waste one using it to read through instructions and T&C's so to keep yourself from being taken unaware anytime

Do you think the terms of service you've read it all wouldn't changed in the next few days later? the casino have a right to update or change any rules without letting know every of their gamblers, do you think you will visit the terms of services everyday and read all the terms of services again? I doubt you will do it because it's really a time consuming and our life isn't only for gambling.

rhomelmabini

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Quote from: Outhue on March 13, 2023, 02:39:37 AM

You have to look for the website FAQ and go through it first, I have seen some newbies that avoid doing this has they ended up shooting themselves in the foot.

I always did but not going all through of it, you can just hit CTRL+F and then look for the keywords that needs to be filtered. It's a hassle, yes, but it wouldn't cost you 10 minutes if there's some filtration you do. If you can't read it on the time you join at least read it after you gamble your money and want to deposit once again.

letteredhub

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First thing I check when registering on any gambling site it's their terms of gambling, how comfortable they may be for me as a gambler and if am not okay with it I keep off. This is money issue we're dealing with here so no time is a waste one using it to read through instructions and T&C's so to keep yourself from being taken unaware anytime

Jawhead999

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If everyone are read the terms of service of the casino, I'm sure most people will not want to gamble because they will find a rule where the casino didn't explicit about everything like the way they consider cheating, the punishment you will get if you broke a rule, and other thing that you think the player is getting disadvantage while the casino seems get edge over the rule. Just focus of few things like minimum deposit, maximum withdrawal, fees, KYC, banned region etc, multiple account, don't need to read all.

rahmad2nd

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Quote from: Outhue on March 13, 2023, 02:39:37 AM

The most popular mistake that newbies make with online casinos is avoiding the rules and regulations, not all online casinos will put up a warning sign on their first page and say 👇

"New users are welcome, please read our rules and regulation before making your first deposits"

You have to look for the website FAQ and go through it first, I have seen some newbies that avoid doing this has they ended up shooting themselves in the foot.

Some even start spreading FUD on the forum about these gambling platforms that did them wrong, not knowing that they are the ones at fault, they are guilty because they don't read the rules and regulations.

This is a normal thing to happen. because, most gamblers are lazy to read the ToS or FAQ which is actually available as a guide for visitors to the casino or site.

Even to be honest, not infrequently "in the past" I also often ignored things like reading ToS or FAQ from a site or casino. but over time, plus the need for knowledge. things like this, become a part that should become a habit. especially, for us gamblers. so that we don't experience obstacles, and feel confused ourselves. even though most of the cases that become a problem for gamblers, are things that are usually trivial in nature. but because of our indifference, which ultimately makes us trapped in our own confusion. But, I don't think that's too much of a problem. because, armed with a mistake will give us new knowledge.

YOSHIE

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Quote from: Outhue on March 13, 2023, 02:39:37 AM

they are guilty because they don't read the rules and regulations.

I'm not sure for beginners or new users who visit online casinos don't read and know the rules or risk actions that arise for users in the future, and all the consequences that could occur in the future. I think only 20% don't read about the rules, because most of the rules notices in every online casino are either on the first page or easily visible at the start.

So, that's why many users, when they lose bets, often corner certain gambling sites for various reasons.
I think the factor of someone losing control and going berserk is not a factor of not reading the rules, but there are other factors.

If my understanding is that this factor lies in the economy, try it or just for fun which leads to addiction, try again and try again, in the end you lose control. I think that's the main reason, many gambling circles ignore the rules, preferring imagination with the goal of wanting to win big and lots of money, not a few users who gamble create dozens of accounts, the goal is to get lucky with accounts A, B, C, D and so on, ending up losing everything.

Wexnident

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I'd actually say at some sense casinos are at fault (some of them) since they sometimes intentionally put put notices like these in obscure places. I do understand that users need to read the TOS before anything else, but a friendly reminder can go a long way, say before your first time deposits or first time games.

I'd also blame the majority of the internet for this,. They pretty much made your average user to not think much of rules, especially on websites. Can't blame them though, TOS are sometimes so unintuitive that it's just an absolute pain to read, especially if English wasn't your first language.

ethereumhunter

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It is our responsibility as gamblers to read the rules in the casino. And each casino has different rules, so we have to make sure we understand the rules so we don't accidentally break those rules.

Most who experience problems like this are new to gambling and don't read the rules carefully. And when they had a problem and asked customer service, they finally understood that it was their own fault. That is why we must prevent this by reading the rules about what we can and cannot do while gambling.

AicecreaME

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This is really one of the mistakes of newbies in gambling, not only in gambling actually, but in using other platforms as well.

Some people are not fond of reading, I'm well aware of that. Most people just nonchalantly scroll past the terms and conditions instead of actually reading it for their own benefit. Simply because some are too lazy to read and some don't really bother what's the content of it, so they just click the "I agree" button then proceed without knowing what they signed up to. It became a habit because some do not know how important to know the information stated in the TOS. Which results to having conflict to some of the rules imposed by the casinos and developers in general.

It's such a shame that some problems ratted out here and even inconveniences most people encounter could have been prevented if only they weren't too lazy to read the policies before agreeing to it. Hopefully though, people, especially the beginners will take seriously the TOS and read it with comprehension. Because it could really cost you so much if you are being negligent.

gunhell16

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Quote from: Wiwo on March 13, 2023, 01:38:10 PM

Quote from: bitzizzix on March 13, 2023, 01:33:24 PM

Quote from: Wiwo on March 13, 2023, 01:03:54 PM

Quote from: KennyR on March 13, 2023, 05:57:44 AM

Snip~

()

But in reality, many people are lazy to do this because most want to be concise and feel understood about the things in it, even though there are definitely differences and rules that are not the same as other online casinos. And this will cause misunderstandings when something happens which is actually the fault of the user who is not painstaking in reading all the rules made so that users do not get misunderstandings in transactions or other things.
actually this problem does not only apply to beginners, because sometimes parents or seniors are lazy to read it, but there is little chance of errors because in the end they will read it when they feel there is a difference or something different.

The laziness in players is what makes for most of the expensive mistakes made on regular basis because having a good understanding of a process is what makes the big difference and being able to manage our activities in the casinos.

-I have a few friends who never care about reading the terms and conditions of a casino and they rely so much on the basic intellectual understanding of casinos, but some casinos have some conditions that are different from the general perspective of a normal casino in form of rules.

Because most of the other gamblers here in crypto gambling only learn to read the rules and regulations when they are there with the issue they are facing.

In short, that's where they know and discover such things. And this should change the attitudes of most gamblers in this crypto space to be honest.

CryptoHeadlineNews

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Quote from: Outhue on March 13, 2023, 02:39:37 AM

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Some even start spreading FUD on the forum about these gambling platforms that did them wrong, not knowing that they are the ones at fault, they are guilty because they don't read the rules and regulations.

Yes, you are right on this point of yours mentioned above, because not only newbies, but almost a majority of gamblers who does same mistake too not reading each rule that governs a certain casino, and I have noticed that one of the issues newbies complain about the most is the request by casinos asking for KYC during withdrawal, which most people are not always okay with it, and at such term it as a scam, when however, they are the ones at fault failing to read the casinos terms and conditions.

So in conclusion, not only is it good to read the terms and conditions of a casino you intend to gamble with but also check their online reviews is also very important from sites such as "trustpilot.com" & "scamadviser.com"

_act_

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Quote from: Wiwo on March 13, 2023, 06:38:40 PM

Exactly, the assumption of the fact is what have led thasny issues today, because gamblers believe the terms and conditions of casinos are the same, so they bring in the mentality from casino A to B even though A is different from B in some aspects and functionality.

-So it is important to read each term and conditions properly before venturing into any casino because their all have their own peculiar conditions that make up for their term of service.

You are right that it is good to read the terms and conditions of a casino before joining, but this more applies to beginners. Like me that I have read like 2 or 3 casinos rules, I may find it not hard to fully read another casinos rules, only what I will just check for is if the casino is legal in my country, if the use of VPN is prohibited, my country support gambling though and I am not using VPN, but there can be sometimes that I may forget to off VPN but not likely. I am not ready to cheat or have two accounts. There are many rules that are the same about gambling sites, just few are different. But if you have one account and make sure that you do not cheat, not in country the gambling site do not support, you may still be able to get what is in the rules. But my best advice would be to always read the T&C.

Maslate

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Quote from: dimonstration on March 13, 2023, 09:11:09 AM

Quote from: Maslate on March 13, 2023, 08:38:19 AM

But you are right, newbies should read the terms so they will not complain and destroy the reputation of a gambling site, despite the fact that it was their mistake that cost them money.

Newbie often not read ToS due to the fact that it’s too long to read which even old players failed to read it. Only newbie that is too careful or previous history on gambling has the time to read it but the rest of the normal gambler don’t mind reading it and casino is aware on this that’s why some casino put a very unfair terms so that they can use it against the player in case he/she won a huge amount like jackpot.

As long as you register with a regulated casino, they will never have unfair terms; otherwise, their license will be taken away by the provider. However, some providers are now unreliable or not strict in monitoring the casinos they grant a license to. That's one of the reasons why many gamblers are getting scammed because they only look at the license and miss the reputation of a casino.

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Quote from: yahoo62278 on March 14, 2023, 12:41:17 AM

Quote from: Outhue on March 13, 2023, 02:39:37 AM

The most popular mistake that newbies make with online casinos is avoiding the rules and regulations, not all online casinos will put up a warning sign on their first page and say 👇

"New users are welcome, please read our rules and regulation before making your first deposits"

You have to look for the website FAQ and go through it first, I have seen some newbies that avoid doing this has they ended up shooting themselves in the foot.

Some even start spreading FUD on the forum about these gambling platforms that did them wrong, not knowing that they are the ones at fault, they are guilty because they don't read the rules and regulations.

Honestly, how many people log in to a website and immediately go read the ToS? I'll bet it's less than 10% of a websites users. It's no different on any website either. It doesn't necessarily have to be a gambling platform. Bitcointalk has the same issues. Noone reads the rules and stickies and some find themselves banned fast.

I highly agree with you. Most of the times we only read ToS when we need something. It's also a common occurrence to hear complaints everyday in whatever platform it is. Because, like it or not, we don't like complicated things and such hassles when it comes accessing the things that we want, same with whatever sign ups we've done, and we only care about that when these are involved "money and security".

yahoo62278

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Quote from: Outhue on March 13, 2023, 02:39:37 AM

The most popular mistake that newbies make with online casinos is avoiding the rules and regulations, not all online casinos will put up a warning sign on their first page and say 👇

"New users are welcome, please read our rules and regulation before making your first deposits"

You have to look for the website FAQ and go through it first, I have seen some newbies that avoid doing this has they ended up shooting themselves in the foot.

Some even start spreading FUD on the forum about these gambling platforms that did them wrong, not knowing that they are the ones at fault, they are guilty because they don't read the rules and regulations.

Honestly, how many people log in to a website and immediately go read the ToS? I'll bet it's less than 10% of a websites users. It's no different on any website either. It doesn't necessarily have to be a gambling platform. Bitcointalk has the same issues. Noone reads the rules and stickies and some find themselves banned fast.

Ben Barubal

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Quote from: GxSTxV on March 13, 2023, 05:41:19 PM

Quote from: Outhue on March 13, 2023, 02:39:37 AM

The most popular mistake that newbies make with online casinos is avoiding the rules and regulations, not all online casinos will put up a warning sign on their first page and say 👇

"New users are welcome, please read our rules and regulation before making your first deposits"

You have to look for the website FAQ and go through it first, I have seen some newbies that avoid doing this has they ended up shooting themselves in the foot.

Some even start spreading FUD on the forum about these gambling platforms that did them wrong, not knowing that they are the ones at fault, they are guilty because they don't read the rules and regulations.

I must admit that I myself had an issue with online gambling during my first few days. I remember not being very knowledgeable about the casino rules and never tried to read them tbh so I unwittingly agreed to them when I signed up my account. As a result I played several times at the casino without actually knowing the rules at all about bonuses which i always activate for my deposits. Until one day I made a deposit and received a bonus after playing a slot game. I made some profits, but I didn't know about the wagering rules for bonuses. Whenever I attempted to withdraw my profits, they were canceled causing me to believe that it was a scam. Because of that I never returned to the casino. However a few days later I decided to contact their support and realized how naive I was.
This should be a lesson and an advice too especially for people who get asked for KYC process when they try to withdrew money. It’s not that the casino is a scam you first need to know the rules of KYC.

Like you, I also experienced the same thing that I didn't immediately read their rules and practices that they have. The only difference between us is that the casino I entered was very good and I didn't have any problems even when I was withdrawing my winnings which I estimate to be only 30-80$ and it arrived at the address I entered.

And you are also right because it is necessary for everything we do as a gambler to know the rules and policies that a casino has.

taufik123

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Quote from: GxSTxV on March 13, 2023, 06:45:38 PM

-snip-
Additionally, asking for these documents during registration or deposit would be pointless, as most people end up losing against the house, making it a waste of the casino's resources. For non-KYC casinos itis important to exercise caution when depositing large amounts of money.

If ask for personal data documents at the start of registration, of course, no one will register and miss the opportunity to be able to enter the casino.
This is not good for the development of online casinos.

In the beginning, you only have to fill in your username and email, after that the account will be active.
But if we as casino users are more careful to want to read the FAQ or Privacy Policy, then it will be explained there that users who wish to make a deposit must include KYC, or there is a certain amount that requires them to deposit KYC (each online casino policy is different).

and for casinos that don't implement any KYC, you need to consider it, and see the testimonials first, so you don't get caught in a scam casino.

lienfaye

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Quote from: Outhue on March 13, 2023, 02:39:37 AM

You have to look for the website FAQ and go through it first, I have seen some newbies that avoid doing this has they ended up shooting themselves in the foot.

Not just the FAQ but also their TOS where you can find their rules in general and become aware of it. That's important before starting to use the casino. But unfortunately many newbie gamblers forget this step before they play then will file a complaint thinking they were cheated by the casino not knowing they violated a specific rule.

If you don't want to face problem then exert some effort to do a research about the casino and read their TOS. It's not hard yet most of us failed to do so.

Topic: A costly gambling mistake - page 4. (Read 744 times)