Author

Topic: Bitcoin casinos experience, wagered 30000BTC (Read 323 times)

jr. member
Activity: 105
Merit: 1
December 30, 2018, 02:15:09 PM
#10
Thanks for sharing this thread with us. Bookmarked. I'll keep an eye on it because from time to time casinos kind of interest me (mostly those with good referral programs). The most I ever lost I think was...  Around 0.02 BTC or something.
legendary
Activity: 3080
Merit: 1500
December 30, 2018, 02:12:28 PM
#9
Hello,

I believe I am one of the biggest bitcoin gamblers since bitcoin started. I wagered over 30000BTC on different bitcoin casinos and reason I write here is to share my experience. Once I think in 2015 I was beaten really hard net lossing 25BTC in a day ( that time it was like 10000USD) and attitude of casino really pleased me by giving me 5BTC lossback to stay with them. This casino is no longer online. I went all over the industry change, personally changing some old attitudes and watched all the rules changes. I experienced several big wing like 10BTC a day and also big losses ( 25/day worst ever). I hope this thread help you gamblers to stay away from scam sites.

1)

Playing bitcoin casinos is a double gamble you need to focus on your play & trust casino itself. I got several times emails from casinos they found some "problem" with my account and they confiscate my money according to their rules "blablabla", so after some time I found only few bitcoin casinos working over all ( got that email only when I won, strange haha Cheesy )

2)

This site is going to be 10xA4 long, I will constantly update it, read carefully Smiley


I understand you are a big player but what's the bottom line??

Are you going to start some kind of casino review thread?
member
Activity: 980
Merit: 62
December 30, 2018, 09:21:00 AM
#8
Hello,

I believe I am one of the biggest bitcoin gamblers since bitcoin started. I wagered over 30000BTC on different bitcoin casinos and reason I write here is to share my experience. Once I think in 2015 I was beaten really hard net lossing 25BTC in a day ( that time it was like 10000USD) and attitude of casino really pleased me by giving me 5BTC lossback to stay with them. This casino is no longer online. I went all over the industry change, personally changing some old attitudes and watched all the rules changes. I experienced several big wing like 10BTC a day and also big losses ( 25/day worst ever). I hope this thread help you gamblers to stay away from scam sites.

1)

Playing bitcoin casinos is a double gamble you need to focus on your play & trust casino itself. I got several times emails from casinos they found some "problem" with my account and they confiscate my money according to their rules "blablabla", so after some time I found only few bitcoin casinos working over all ( got that email only when I won, strange haha Cheesy )

2)





This site is going to be 10xA4 long, I will constantly update it, read carefully Smiley



I admire your dedication to playing so huge bets in your endeavors to win more and make a profit via gambling. 25 BTC is a huge amount and I would never bet them if I had them right now!

Is it possible to share with us the casino you were playing and what is the reason it doesn't exist now?

As I am afraid of casinos that can go down so fast, I usually prefer to find casinos with instant withdrawals or that support chrome extensions like MetaMask for example and play directly with my wallet. This way my earnings are deposited directly to my wallet.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
December 21, 2018, 01:55:18 AM
#7
In todays accounts this is about 120 million dollars wagered. He didn't said he lost 30 thousand bitcoins gambling, he said he "wagered" 30 thousand bitcoins. I am sure he still lost a lot of money but even at a %1 house edge that's about 300 bitcoins lost in total which comes down to over a million lost.

Now he could have lost all of it, he could have lost less but in reality spending about 120 million dollars is not the same as having 120 million dollars, you can have 1 satoshi and you can bet and get 2 satoshi back, now you can gamble that again and hurray you gambled 3 satoshis with the 1 satoshi you had.

Which means over time this person could had just couple thousand dollars that he gambled constantly and consistently that collectively became 30 thousand bitcoins. Considering the low price at his early days, this could potentially be much much less.

Exactly what I said too. I generally can wager over 100x my deposits if I play very cautiously, and at dice at a place with 1 % house edge, which is common among Bitcoin casinos anyway. If you are VERY cautious you can get a very high wager amount with a large bankroll, and every time using small profits to wager again until bust.

This way, 300 bitcoins is not impossible and if you check wager histories if those who gambled since 2014 and 2015, they of course have so much wager amounts.
legendary
Activity: 1302
Merit: 1037
December 20, 2018, 08:11:44 AM
#6
In todays accounts this is about 120 million dollars wagered. He didn't said he lost 30 thousand bitcoins gambling, he said he "wagered" 30 thousand bitcoins. I am sure he still lost a lot of money but even at a %1 house edge that's about 300 bitcoins lost in total which comes down to over a million lost.

Now he could have lost all of it, he could have lost less but in reality spending about 120 million dollars is not the same as having 120 million dollars, you can have 1 satoshi and you can bet and get 2 satoshi back, now you can gamble that again and hurray you gambled 3 satoshis with the 1 satoshi you had.

Which means over time this person could had just couple thousand dollars that he gambled constantly and consistently that collectively became 30 thousand bitcoins. Considering the low price at his early days, this could potentially be much much less.
legendary
Activity: 1792
Merit: 1283
December 20, 2018, 08:04:31 AM
#5
If you decide to update this thread, maybe also share some screenshots of your wagers?
I mean it could be possible that you've indeed wagered this much, but now it's just some random anonymous person on a forum that's saying all of this.

Also mention the casino's that gave you a hard time after depositing such large amounts, now that would be very useful!
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
December 20, 2018, 01:06:34 AM
#4
30,000 BTC at $400 (if you are saying 2015) is still a lot of money I guess. Still 12 million dollars in wagers, but I supposed if we all look at our stats, we probably wager 100x or so the actual deposit we have had so Maybe in total you gambled $120k?

This year the biggest single bet I saw was around 50+ BTC and this was when it was over 10 k so I thought the guy must be so lucky rich. Good to see whales sometimes dump their Bitcoin, hopefully to casinos with bankrolls shared, then every small fish gets a share Wink
copper member
Activity: 474
Merit: 3
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December 15, 2018, 08:43:32 PM
#3
25 BTC in a day is pretty big, but here is an even bigger dice gambler. This guy was betting 100BTC on a single roll. https://www.youtube.com/watch?v=hjMnKtTWeKM
legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
December 15, 2018, 12:13:10 PM
#2
I believe I am one of the biggest bitcoin gamblers since bitcoin started. I wagered over 30000BTC on different bitcoin casinos and reason I write here is to share my experience. Once I think in 2015 I was beaten really hard net lossing 25BTC in a day ( that time it was like 10000USD) and attitude of casino really pleased me by giving me 5BTC lossback to stay with them. This casino is no longer online. I went all over the industry change, personally changing some old attitudes and watched all the rules changes. I experienced several big wing like 10BTC a day and also big losses ( 25/day worst ever). I hope this thread help you gamblers to stay away from scam sites.

If you claim to be the highest roller, I'm sure you'd be famous around many gambling sites. It would be nice to know from your perspective on which gambling sites should be considered as trustworthy. The casino you're talking about is rollin.io?


Playing bitcoin casinos is a double gamble you need to focus on your play & trust casino itself. I got several times emails from casinos they found some "problem" with my account and they confiscate my money according to their rules "blablabla", so after some time I found only few bitcoin casinos working over all ( got that email only when I won, strange haha Cheesy )
You're right. And that's why a proof that you're the highest roller and the list of sites that you consider trustworthy will be highly appreciated.
newbie
Activity: 1
Merit: 0
December 15, 2018, 07:41:22 AM
#1
Hello,

I believe I am one of the biggest bitcoin gamblers since bitcoin started. I wagered over 30000BTC on different bitcoin casinos and reason I write here is to share my experience. Once I think in 2015 I was beaten really hard net lossing 25BTC in a day ( that time it was like 10000USD) and attitude of casino really pleased me by giving me 5BTC lossback to stay with them. This casino is no longer online. I went all over the industry change, personally changing some old attitudes and watched all the rules changes. I experienced several big wing like 10BTC a day and also big losses ( 25/day worst ever). I hope this thread help you gamblers to stay away from scam sites.

1)

Playing bitcoin casinos is a double gamble you need to focus on your play & trust casino itself. I got several times emails from casinos they found some "problem" with my account and they confiscate my money according to their rules "blablabla", so after some time I found only few bitcoin casinos working over all ( got that email only when I won, strange haha Cheesy )

2)





This site is going to be 10xA4 long, I will constantly update it, read carefully Smiley

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