What do you think of an AutoDeduct System of a Gambling Platform? Says you just connect your wallet like for example on a Dice Game, then it will just roll itself everytime it sees some funds on your wallet whatever coins it was until you are left with Zero ( Funds withdrawn or Funds gets Zero?)
Did you mean the gambling site will connect to my wallet? Or when I fund my gambling account it will be taken my fund and betting it automatically? Neither of the two is good. I like the manual ones that I can be able to do all manually in a way I will be the one to stake the game myself, choose the amount I want to use to stake, and click on bet button. It is as easy as that in a way the bet will be played only if I select it and stake it with the amount I want, but all manually, not automatically. 
Topic: Auto Deduct System - page 4. (Read 559 times)
Nope! An auto deduct system doesn't seem cool to me, ah ah! It doesn't support you playing and actually scheduling your betting amount, seriously. Your going to find yourself placing more and more bets, use with containing your emotions on both lose and gain grounds that you pay less attention to whats actually going on in your balance. All you know and think is, "I've got funds and might be lucky this time" and as such, you keep going 1 more time until the system actually ends your funds.
Its a market strategy that isn't thereto favour customers as to reducing the stress of funding, wait time and fees but then, a way to keep you playing while, the bet CEO keeps sucking your funds up. I wouldn't advice this.
Its a market strategy that isn't thereto favour customers as to reducing the stress of funding, wait time and fees but then, a way to keep you playing while, the bet CEO keeps sucking your funds up. I wouldn't advice this.
I just have think of this as LOTTO ( site : lotto.finance) is implementing this, and one way to get out of that is to either wrapped the tokens or bridge it on another chain, do you think its reasonable not to have a stop button to exclude your address once you don't want it anymore?
I don't know how it will work but I think that is not a reasonable not to have a stop button option and it goes always automatically deducting in your balance, it seems it becomes complicated on your side as a gambler. You can't store a big amount of your wallet because you will I guess afraid of sudden loss if you will do it.I just now heard this auto deduct system, if this really happens by a most gambling site, I will suggest to avoid them earlier.
I think it's a good idea just like those projects that usually being connected to Metamask. A casino can connect Metamask or any type of wallet that it supports.
I can imagine how the process will go but I don't know if the casinos will consider it.
I can imagine how the process will go but I don't know if the casinos will consider it.
What do you think of an AutoDeduct System of a Gambling Platform? Says you just connect your wallet like for example on a Dice Game, then it will just roll itself everytime it sees some funds on your wallet whatever coins it was until you are left with Zero ( Funds withdrawn or Funds gets Zero?)
It does not make any sense in a dice game, block chain identity can be created and i am not following the token market to see whether we have any promising projects like this but to connect your wallet and roll until your balance burns out does not make any sense.I just have think of this as LOTTO ( site : lotto.finance) is implementing this, and one way to get out of that is to either wrapped the tokens or bridge it on another chain, do you think its reasonable not to have a stop button to exclude your address once you don't want it anymore?
Every gambler wants to have a control over his funds and the game he/she plays and what he is going to do with it, if the system does everything then what is point of gambling. What do you think of an AutoDeduct System of a Gambling Platform? Says you just connect your wallet like for example on a Dice Game, then it will just roll itself everytime it sees some funds on your wallet whatever coins it was until you are left with Zero ( Funds withdrawn or Funds gets Zero?)
Just curious here, does that kind of system already implement on some gambling sites outside crypto? Or just what if?
In that case, it's totally fine as long as everything is provably fair and the site is reputable. Although, I don't want to opt-in on that feature as I don't see any excitement doing that way and I considered it as a shortcut to loss lol.
I think that way because whenever I deposit on that site, it will run automatically so it's like an automatic loss for me lol.
It's more like an automated system that usually been used to bots to trade for you but the difference here is you want to manually bet but you want to automatically deduct it to your funds which is used better in fiat system. Now, the problem is it won't stop until you lose all your funds like in trading there's no stop-loss. Gambling sites should implement a stop button to avoid user's from losing automatically without their consent. I guess this is a special tactics again to submit all their funds because they were gonna lose anyway. 
Well, in my case in this situation that you have stated, I will use a dummy wallet account for that gambling site and put the amount that I can afford or in my limit amount. I don't think this Auto deduct system will be applicable for most gambling sites, for example, dice. So it means it will rolling without even our permission, that is very impossible, perhaps. I think the best solution here is to provide a separate wallet to your main bitcoin wallet account to avoid possible auto deduct system from the gambling sites and I will not agree with the Auto deduct, how we enjoy gambling if there will be executed on behalf of our actions.
If it's already happening and there are people that are fine with that system then I'd say it's a success but I guess there should be an option to stop or a stop button because you either want it to avoid losses or to be at breakeven. I think it's just works like any other gambling site for auto rolls to infinity but the difference was it has no stop button.
I guess giving extra layer of options to take will make it more interesting rather than just purely into the deduction things, just my own opinion.
I guess giving extra layer of options to take will make it more interesting rather than just purely into the deduction things, just my own opinion.
This is fine as long as the site is legit and as long as those funds are really meant for gambling, the fees are just my concern here, auto deduct must be more specific since having transactions every time balance occur can cost you a lot. Personally, i don’t want to link my wallet on any gambling site the risk is high for this.
What do you think of an AutoDeduct System of a Gambling Platform? Says you just connect your wallet like for example on a Dice Game, then it will just roll itself everytime it sees some funds on your wallet whatever coins it was until you are left with Zero ( Funds withdrawn or Funds gets Zero?)
I just have think of this as LOTTO ( site : lotto.finance) is implementing this, and one way to get out of that is to either wrapped the tokens or bridge it on another chain, do you think its reasonable not to have a stop button to exclude your address once you don't want it anymore?
I just have think of this as LOTTO ( site : lotto.finance) is implementing this, and one way to get out of that is to either wrapped the tokens or bridge it on another chain, do you think its reasonable not to have a stop button to exclude your address once you don't want it anymore?
Jump to: