Topic: Bitcoin Casino Scammers - BitCasino.io - BEWARE! DO NOT DEPOSIT! (Read 1898 times)

You should always choose a good casino that's probably fair and transparent. Maybe,  you didn't do your homework well. A good casino charge less or nothing when withdrawing And they don't give troubles. The vast majority of online casinos do charge withdrawal fees, so you should consider yourself quite lucky if you find one which does not. That said, the casinos you opt to join will probably charge fees, but your goal is to keep them as low as possible. This is another area where you will have to decide what you consider to be “reasonable,” but one thing that helps is doing some research. Look at a number of casinos and check their withdrawal terms and fees.



This will give you some idea for what is typical, and you can then figure out whether a given casino is way outside of the norm. For example, some online casinos charge $50 worth of btc withdrawal fees or more on all transactions. But others will only charge $10-$20 fees. Obviously it is better to pay a $10 fee than a $50 fee, all other things being equal. Note however that wire transfers almost always carry a relatively high fee, even if other payment methods do not. That's why it's always good to use a crypto based casino with high and better features than normal currency operators. I do use Vegas Casino and I do enjoy the system because they are probably  fair. Sometimes you will also find that certain withdrawal methods are free.


Alternately, a casino may charge you a percentage instead of a flat rate. Another question to ask is how many withdrawals you get per month, free or otherwise. Some casinos will let you withdraw as many times as you want, sometimes for free, sometimes at a cost. Others may allow you one fee-free withdrawal per month (or some other amount), and then charge you a fee only for subsequent withdrawals. Any free withdrawals you can get are fantastic. If you manage your money carefully, you can avoid paying for withdrawals altogether. If you get one free withdrawal per month, just plan on withdrawing once a month.


Also check to see whether there is a minimum threshold. There almost always will be, and it will typically be somewhere in the range of $100. If you can get around this, that is great; you want your money to be as accessible as possible. If you find a casino which has a much higher threshold, you should probably steer clear.The company should be transparent about its terms, background, and contact information.

So if they not require KYC, they are are not able (allowed?) to operate?

Dont try encouraging people, You get flagged and you lose your if any credibility.

I'm sorry to hear that you had such a bad experience of Bitcasino. We have so far not had any issues with them, nor any of our players.

@ XarXymtroa

As you appear to be a gambling expert, one question please:

Is it a scam to false and misleading claim to be authorized and regulated by the Government of Curaçao?

Wow, you really are showing your true intelligence...

Let me ask you a question, Mr. -16 trust:

Do you have ANY IDEA of the deposit - withdrawal ratio? 

In other words, cause I know you're a bit slow, do you have any idea how many MORE people deposit THEN withdrawal?

The answer is that not a lot of people withdrawal (cause that's how gambling works, in case you were unaware, most people lose).

It would be insanity for a casino to KYC each and every single new account that makes a deposit. 

Are they supposed to KYC for a $50 deposit?  That's a waste of time.  You can figure it out on your own as to why.

They don't "suddenly" ask for KYC, it's stated in their TOS and blasted all over the internet that this particular casino requires KYC (in order to be able to operate).


 

Yes it is possible to booby-trapping! For example they let you deposit without any KYC and when you have won and want to withdraw they suddenly ask for KYC procedure!

Even though this thread is 120 old and your post history labels you as a SCAMMER https://bitcointalk.org/index.php?action=trust;u=637316, I still wanted to address it as it appears in Google search  

OP states that "BitCasino's site is literaly booby-trapped with ways to steal your coins."  
Is that even possible and if it is, this is the very first I've heard of it.   A bitcoin casino, who wants you to lose your coins from gambling, instead resorts to booby-trapping?  
As absurd and demented as that sounds, you sound just a little paranoid and either had a really bad streak or entirely fabricated this story out of spite.  I'm guessing it's a small combination of each...

You sound angry at Bitcoin casinos in general and hopefully you've since been able to come to your senses, relaxed a bit, and found peace.



  
 

First of all this does not belong here. Use the scam accusation sub-forum for posts like this. Second as others have already stated it's mainly your fault for not reading T&C before you try the bonus.

I'm sorry but people who accept deposit bonuses are just plain stupid. I been playing on Bitcasino.io for years, and cashed out literally 3.5 BTC yesterday and it was confirmed instantly. I've never had any issues on the site, and I've won 5 BTC over the course of the year just on there FREE lotteries. They are a very generous site, and if you accept a deposit bonus, you should READ what you are getting yourself into.

we should join only those casinos, which are registered or licensed casinos.

Have ypu actually tried sorting this out or are you just making a big noise ?

Well this is why I only deposits small amount spread out a few sites. Not sure what to think about my our story. I mean we don't have the other side. Maybe you should speak with an admin to get their side too ?

hmm seems like OP lost but it was all played fair from what I read as you did agree to the terms I have had all my withdrawls sent out within minutes from vegascasino and bitcasino... accepting bonuses is your choice mate you could have enjoyed without bonus and risked your own coin to begin with ...

I have found withdraws have been pretty good, but only for smaller amounts. Withdrew 0.13 BTC and it only took a few minutes. OP: Did you read their terms and conditions? It might have said that your real funds are spent first like a lot of casinos in the conditions like many other casinos have. Do you have any proof the games are rigged though? Sounds like you just got unlucky.


They are also CoinGaming.io

no you get fed a load of bullshit, ive been waiting over a month for a withdrawal to be processed, mean while ive had numerous tickets with just wait! as a reply, honestly people, if you going to use this site, beware the withdrawal process is endless, till your ticket is closed and you start again.

I see, you say it is because you are so upset over what is done by those sites. So if you have problems with the site, you can make contact against the site owner, and probably the site owner will give you the best solution from what you experienced. and I hope the site owners can immediately respond and provide the best solution for this problem

I have use there site whitout problems? i never take bonus becures its almost bad gambling to get the bonus, soe better luck next time

it was just an unlucky day for you it is sad to see you lose a large amount but there is no need to blame the website

That is true. Winning and losing is a part of the game and in gambling mostly losing will be a part of the game for players. But as we all ready know, it is high risk game so should play with big amount and start blaming the casino. Sorry for your loses and hope you learned a good lesson from this lose.

I like this one " btc are like woman they go in and go out ". As i see it u made a little mistake and lost most of your coins, dont blame casino blame your greedy temper. And why u put in gambling section? It is more for scam accussations. Anyway I know the feeling when u lost all money u deposited, dont feel negative about it, like someone said its a game and winning and lossing is part of it, I wish u more luck next time.

well the rules are so clear this is seems your mistake or bad luck.
don't worry btc are like woman they go in and go out easily

That was not bad offer from them as you have lost half of your bonus coin right? i am sorry for what happened to you, mostly deposit bonus have a very complicated rules and users did not read the rules carefully too which make it more complicated to solved once user want to cancel the bonus.
Bitcasino.io is one of biggest and trusted gambling site, they wouldnt ruin their reputation for your 0.5 bitcoin, imho it was your fault , next time would be better you don't use any deposit bonus that wager required. Goodluck

I have a little story...so one time I used the 100% sign up bonus at BITCASINO.IO and ended up trying as hard as I could to be able to cash it out along with my deposit. I found it extremely difficult to withdraw the funds at all, especilly seeing how they ARE NOT even automatic and BitCasino's site is literaly booby-trapped with ways to steal your coins. After playing dozens of games trying to cycle through the balance many times over as per BITCASINO.IO's bonus policy I found the balance has already lost the bonus and dipped into my deposit about 50%, each game just taking my coins as if they were all rigged to win. I then had a half a bitcoin (0.5 BTC) left over only come to findout that the first part of the balance that I lost during playing dozens of their games, thinking it was the bonus that I lost, of course... but it was actually my deposit that I had lost first and the remaining was actually only the bonus... so you actually use your own deposit first, not the bonus at all, it comes last!! How the hell is that even a bonus? On top of that you can't even withdraw it unless you cycle through your entire balance several dozens of times, impossible! So after that I actually only had half of the bonus left over in my BitCasino balance, wow! And of course I still was not able to cash it out because I has not yet cycled through the balance several times like their bonus policy demands that you do. However I still continued roaming BitCasino.io's site thinking it was my own balance and I had only lost the bonus along with half of my own deposit, so I thought I had my own half coin still, but no, they were going to have that as well... After some time I eventually gave up realizing I fell for a trap. when I accepted this bonus and saw a button saying to forfeit and cancel the bonus. I pressed it and POOF my balance went to ZERO! I talked to them in chat and they told me they are unable to restore my balance and that I should have read BitCasino.io's terms of that button. Now, remember how I said I though that I firsty spent my bonus and not my own money? Well since this trap didn't allow me to use the bonus part of my balance first, I ended up using myown coins meaning all that was left was the bonus part of the balance left... So when I clicked that "cancel bonus" button all it did was steal the remaining of my balance since it canceled the bonus.. I begged and pleaded to them and over and over they rudely denied my request. After about 5 minutes they decided to offer me a refund of my balance (which was only 0.5 BTC) if I made another deposit of at least 1 BTC and accepted the bonus terms again. I said are you f###ing kidding me? These total SCAMMERS are out to scam each and every bitcoin user of at least 1 time, so that way they become completely rich, and throw money at all their problems through advertising. That's there goal, and also the reason why BitCasino.io is so rigged up to literally screw you and trap your money for good once you accept BitCasino.io's terms or make a deposit... There are traps all over the BitCasino website so BEWARE! They don't give a damn about any BitCasino players I've realized and are happy if they end up getting at least 1 bitcoin from each and every person in the world. That's there goal and it'll make them rich. .. but I hope this post can slow them down some... be careful and avoid ever playing at BITCASINO.IO as they will scam you blind. Remember! Bit Casino . io. (http://www.bitcasino.io) - AVOID AVOID AVOID!!!

Long story short, I WOULD NOT recommend accepting a deposit bonus from a bitcoin casino ... ESPECIALLY BITCASINO.IO which now is also VEGASCASINO.IO too! Under operation by the exact same people so BEWARE of them as well, or you can kiss your coins goodbye, literally!