Topic: Always check the deposit address - page 2. (Read 1100 times)
I have experienced a case like this where I forgot to change my deposit address with a new one, maybe one month I didn't do gambling then I wanted to gamble again because I missed enough to bet and play, and yes I immediately deposited from my binance account, because previously I had saved the address first and I forgot to change my deposit address at the casino and in my binance account had not been changed, and at that time the amount was quite a decent $80, which in the end for more than 24 hours did not receive my balance in my gambling account, I thought this was a normal problem with the network, but after 2x24 hours it didn't come either in the end I checked back the address I used to deposit was different. At that moment I felt upset because I forgot not to double check my deposit address, fortunately the amount was not large, maybe if the amount was large I would really be hit.
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.
What I do is to always check the first five figures and the last five figures. Then I cross check with the on the gambling website.
I know the consequences of failure to do so. It's is like double losses. Double losses because you don't know if you will win after you stake your bet.
I also agree with your statement.
Just to share a personal story of mine which happened a few years ago involving wallet addresses:
In our country, we have this local wallet that is mostly used by our citizens due to its convenience. It is an exchange where you can directly pay your bills, utilities expenses, and even convert BTC directly to our local currency. Since almost all of us use this wallet, unfortunately, my wallet address was been flagged in this forum. I primarily use that local wallet address to receive my BTCs from campaign signatures but I was wrongfully accused that my wallet belonged to another account; so in short, I was somehow questioned for multiple account farming.
Though it may be different to what you posted OP, it still is relevant by keeping your wallet address safe and secure. I had a friend who wrongfully copied his address as he mistakenly added a "0" at the end which resulted to a loss of 0.2 BTCs in total.
For me, I always check the 4 numbers before and the 4 numbers at the end, unlike @Alphakilo who checks until 5 alpha numbers. It is safer with what he does but I am too lazy to get that far.
What I try to avoid with mistakes is when I copy the authenticator code which sometimes can be pasted to the wallet address. I mean, added to the wallet address which could get us more trouble explaining to the customer support how the mistake happened.
There was a time when I made that error but somehow I was too focused on what I was doing that I realized a mistake happened.
But OP was right, at least double check everything before pressing the send button.
I also agree with your statement.
Just to share a personal story of mine which happened a few years ago involving wallet addresses:
In our country, we have this local wallet that is mostly used by our citizens due to its convenience. It is an exchange where you can directly pay your bills, utilities expenses, and even convert BTC directly to our local currency. Since almost all of us use this wallet, unfortunately, my wallet address was been flagged in this forum. I primarily use that local wallet address to receive my BTCs from campaign signatures but I was wrongfully accused that my wallet belonged to another account; so in short, I was somehow questioned for multiple account farming.
Though it may be different to what you posted OP, it still is relevant by keeping your wallet address safe and secure. I had a friend who wrongfully copied his address as he mistakenly added a "0" at the end which resulted to a loss of 0.2 BTCs in total.
Is this coins.ph? Because I have same experience before when I use to receive a Bitcoin for payment from other user that involved in gambling. They are so strict on transactions lately that’s I’m forced to use mixers that time just to remove any track of gambling activity from my signature campaign earnings.
I submit many documents such as proof of address and statement of account just to prove that I’m capable to produce the amount entering on my wallet even though the transaction that triggers it is just a P2P transaction.
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.
What I do is to always check the first five figures and the last five figures. Then I cross check with the on the gambling website.
I know the consequences of failure to do so. It's is like double losses. Double losses because you don't know if you will win after you stake your bet.
I also agree with your statement.
Just to share a personal story of mine which happened a few years ago involving wallet addresses:
In our country, we have this local wallet that is mostly used by our citizens due to its convenience. It is an exchange where you can directly pay your bills, utilities expenses, and even convert BTC directly to our local currency. Since almost all of us use this wallet, unfortunately, my wallet address was been flagged in this forum. I primarily use that local wallet address to receive my BTCs from campaign signatures but I was wrongfully accused that my wallet belonged to another account; so in short, I was somehow questioned for multiple account farming.
Though it may be different to what you posted OP, it still is relevant by keeping your wallet address safe and secure. I had a friend who wrongfully copied his address as he mistakenly added a "0" at the end which resulted to a loss of 0.2 BTCs in total.
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.
Ensure that the address is correct every time you want to make a deposit, steps that must be observed at all times. I really agree that the habit of checking addresses to make sure they are correct should become a permanent habit even though it seems very trivial to do.The address obtained from the casino is not intended to be used as an address for receiving funds from other parties. There must be a separation between the address for making deposits to the casino and the address for other receipts.
Meaning you are promoting a casino in your signature but you are not playing?
It's good that the OP has shared his experience here, yeah, some of us might have use several casinos deposit address because its obvious that we want to play. This is just a extreme bad luck in his part but it was resolved by the casino themselves so everything ends in a bright note. It will be sad that if the casino didn't cooperate with the OP here and so that money is gone forever.
Also most of gambling discussion topics can really be answered with common sense.
Sorry for the off topic but this is actually which is really that happening.When it comes to deposit address then im not really that much aware about changing address like on exchange platforms on which there's those kind of changes in address.
If this one is applied into casinos then its not really that breaking an arm and leg for you to be able to check out the address once in a while.
It wouldnt really be that much time consuming i should say so that you would be able to avoid these kind of problems.
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.
Ensure that the address is correct every time you want to make a deposit, steps that must be observed at all times. I really agree that the habit of checking addresses to make sure they are correct should become a permanent habit even though it seems very trivial to do.The address obtained from the casino is not intended to be used as an address for receiving funds from other parties. There must be a separation between the address for making deposits to the casino and the address for other receipts.
Meaning you are promoting a casino in your signature but you are not playing?
It's good that the OP has shared his experience here, yeah, some of us might have use several casinos deposit address because its obvious that we want to play. This is just a extreme bad luck in his part but it was resolved by the casino themselves so everything ends in a bright note. It will be sad that if the casino didn't cooperate with the OP here and so that money is gone forever.
~
Or maybe just get a loan and using a wallet that you have control off? Not sure why you wanted to set it in a casino address, maybe to save fees and you can play right away, but this could be another lessons here to learn.
It's good though that the casino was able to recover your funds. But in worst cases, the casino might say that they address is already new and there's no way that they can recovered from that old address.
The thing is that even if you are using a wallet you have control of, you are not immune to the virus that replaces the address you just copied with another one, and the coins go in the wrong direction. That's why you must double check whether the address you copied coincides with the address you pasted to avoid problems like that.
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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.
Ensure that the address is correct every time you want to make a deposit, steps that must be observed at all times. I really agree that the habit of checking addresses to make sure they are correct should become a permanent habit even though it seems very trivial to do.The address obtained from the casino is not intended to be used as an address for receiving funds from other parties. There must be a separation between the address for making deposits to the casino and the address for other receipts.
To answer this comment fairly.
I’ve done multiple times receiving a payment on this same address in the past. I also check the wallet address as correct before I use it to apply as loan. I’m not sure if this can be considered as carelessness or ignorance if the change of the address done after few hours when I check it while I use this same address for so many years without any issue like changing address.
In fact, This is the first time this casino change a wallet address for receiving funds and it’s done without any notifications like what exchange do when they will change a wallet address. So I’m confident that I’m not fully liable on this event.
Besides, the fee on Bitcoin network that time is too high so it’s convenient to use directly the address which I will be using the funds. It’s useless to receive the funds on non custodial wallet first then send it to that same wallet address because that time I have no idea that they will start changing wallet address. So a lesson learned on my side.
When doing a transaction, it is really a must to double check everything. Whether it is a bank transaction or a crypto transaction, whatever it is, double check it. Especially in crypto, where it is a p2p transaction, it is direct, so if one of the parties is wrong about their address, then it is gone; your funds are out of nowhere, and you can never get them back. Good thing for the OP; he used a casino address, so he can reach out to the casino itself to fix and retrieve the funds he just loaned. Casino can be at fault here too since they updated the wallet. Maybe next time, you should try to use your own personal wallet so you won't encounter this kind of problem. Yes, it is a hassle since you will transfer the funds from your wallet to the casino address, but still, at least your funds are safe and you know that they will be sent safely.
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.
Ensure that the address is correct every time you want to make a deposit, steps that must be observed at all times. I really agree that the habit of checking addresses to make sure they are correct should become a permanent habit even though it seems very trivial to do.The address obtained from the casino is not intended to be used as an address for receiving funds from other parties. There must be a separation between the address for making deposits to the casino and the address for other receipts.
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.
Ensure that the address is correct every time you want to make a deposit, steps that must be observed at all times. I really agree that the habit of checking addresses to make sure they are correct should become a permanent habit even though it seems very trivial to do.The address obtained from the casino is not intended to be used as an address for receiving funds from other parties. There must be a separation between the address for making deposits to the casino and the address for other receipts.
Absolutely agree with you. Using a custodial wallet in this regard is very similar to OP's carelessness or ignorance of the simple rules of storing cryptocurrencies.
It is very common to have some problems when receiving funds, so it is very important that you have full access to the wallet. In case of receiving funds on a custodial wallet, you have neither a private key nor a seed-phrase, and therefore the wallet does not belong to you.
OP was lucky that his mistake didn't play a trick on him.
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.
Ensure that the address is correct every time you want to make a deposit, steps that must be observed at all times. I really agree that the habit of checking addresses to make sure they are correct should become a permanent habit even though it seems very trivial to do.The address obtained from the casino is not intended to be used as an address for receiving funds from other parties. There must be a separation between the address for making deposits to the casino and the address for other receipts.
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.
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.
Or maybe just get a loan and using a wallet that you have control off? Not sure why you wanted to set it in a casino address, maybe to save fees and you can play right away, but this could be another lessons here to learn.
It's good though that the casino was able to recover your funds. But in worst cases, the casino might say that they address is already new and there's no way that they can recovered from that old address.
First things first, don't take loans for gambling 
.
.It's a very important remark indeed. I feel like every post in this thread should start from this simple sentence. It's like obvious, but so many gamblers don't understand it, even those on this very forum, that I think it should repeated again and again.
~
One more thing that I saw someone else saying as well is to stay alert from clipboard malware because such things can change your wallet address after you copy it, which means you might copy the right one but when you paste it somewhere, it might be changed.
One more thing that I saw someone else saying as well is to stay alert from clipboard malware because such things can change your wallet address after you copy it, which means you might copy the right one but when you paste it somewhere, it might be changed.
To avoid thing like that always memorise the last three letters of the address you copy and compare them to the address you paste.
-snip-
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.
Thanks for the concluding part of this post, and the two points I can extract from what you narrated which are also your fault are that you sent a loan directly to a casino, this is not cool. Thankfully, this is a loan arrangement, if it were to be the financial companies that are strict with AML, it might be difficult for you to change that wallet address. Such would be what you will ever be using with them no matter what you explain, and this will make you dependent on the wallet irrespective of whether they are the one who first sent the money to you or you first deposited to them and expecting subsequent withdrawal. Casinos' crypto addresses should be used for the primary role of sending and receiving money from them, anything other than that may create an issue.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.
The second part is that you undermine the way centralised crypto companies behave. This happened to me with Binance last year but they made an arrangement for me to do the crediting myself. Though the money can't be lost, only that they will have to credit you manually. But if it takes too long and you deposited into an unverified address this way, I do not know what could happen. For this, it will be good for us to verify our beneficiary details before we risk sending the asset.
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.
I believe yes he wants to gamble using the borrowed funds because why he will use his casino's address anyway? But yeah, this is not good because we all know how gambling business are built. They always ensure that they can win more than their customer. That would feel like a double loss for us because we still need to pay our loans after, in case we got a bad luck in our play. Whether the wallet we use is custodial or not, double-checking the address is always a must. Not only that they can change the address without prior notice, we can also copy and pasted the wrong address due to some factors or reasons. Your last advice is also great because they may not allow casino addresses. 
First things first, don't take loans for gambling .
The incident you mentioned sounds a bit odd to me because even if they update your wallet address, you should receive your funds because the wallet you had earlier should still be associated with your account and if they received funds on that wallet, they should know it is you who made a deposit and they should credit it without you reaching out to them and explaining everything with proof and stuff.
I guess a reputable platform would do that, but still, it's good that you got your funds back and they didn't refuse to credit them to your account.
One more thing that I saw someone else saying as well is to stay alert from clipboard malware because such things can change your wallet address after you copy it, which means you might copy the right one but when you paste it somewhere, it might be changed.
.The incident you mentioned sounds a bit odd to me because even if they update your wallet address, you should receive your funds because the wallet you had earlier should still be associated with your account and if they received funds on that wallet, they should know it is you who made a deposit and they should credit it without you reaching out to them and explaining everything with proof and stuff.
I guess a reputable platform would do that, but still, it's good that you got your funds back and they didn't refuse to credit them to your account.
One more thing that I saw someone else saying as well is to stay alert from clipboard malware because such things can change your wallet address after you copy it, which means you might copy the right one but when you paste it somewhere, it might be changed.
But the problem I see here mate is what if the change happens almost minute or second apart from the sending of the funds? I mean the timing of the sending is almost same from the changing of wallet address then this will still occur like what you have experience here.
That would be the responsibility of the casino who change the address without any prior announcement. If such a thing happen, the fault is on the casino side obviously and the casino should resolve it by crediting the deposit to the account. There can be one other case where players are allowed to change (renew) the deposit address anytime they wish. In this case if the one who is changing address is the player, of course the player is the one who is responsible for it but I still believe that reputable casino will still try to help.
I think they will not only "try to help" but they will give the user all the money he transferred on the "wrong" address. Because both addresses, the "wrong" one and the "right" one, belong to them, right? I can't imagine a situation when the money just disappear if it were sent on one of the old addresses.
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.
This is very important, yesterday afternoon I made a deposit at Stake.com and before I did that I wanted to check whether the Bitcoin address was still the same or not, in fact, to ensure safe transactions, I generated a new address so that it was absolutely certain that the casino had updated my Bitcoin address. I've experienced cases like this in other places, but at one of the centralized exchanges because the addresses I frequently use are labeled with a special name so that when I make a transaction it's direct without needing to check again. Unfortunately, the exchange address had been updated so I was worried enough to contact support several times. 
This happened to me but not with a gambling address. It happened with our local exchange application. I used to just deposit at the same address that I have been using for a long time and then suddenly I was surprised when I checked my deposit address was changed.
-snip-
They said that my old address is still live, so even if I use it I will still receive the amount deposited. Still, I just want to be careful so that no problem will happen in the future.
You are lucky that they gave you back the deposit because other gambling sites won't even care about it.
I'm not sure how casinos manage their users' deposit addresses, but the logic should not be that different from how exchanges generate and manage their users' addresses. It is just a deposit database, to begin with, and addresses never expire regardless of what they tell you. It depends on the ToS how they handle 'expired' addresses if the users mistakenly send some crypto there. Is there a similar case to OP's, or the context is different (such as using an old address after the casino sent notice a month prior or so)? I believe any reputable casino will help you if you end up in OP's situation, if they don't I'd suggest moving to other platforms asap. -snip-
They said that my old address is still live, so even if I use it I will still receive the amount deposited. Still, I just want to be careful so that no problem will happen in the future.
You are lucky that they gave you back the deposit because other gambling sites won't even care about it.
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