🚀 BoxBet.io | Crypto Casino | Token Airdrop: 5M BXBT 🎁 | $1,000,000 JACKPOT 💸 - page 4.

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Quote from: logfiles on January 02, 2025, 03:43:29 PM

Quote from: ? on January 02, 2025, 04:47:32 AM

However, we're working on two major improvements for January, which should be implemented by the end of the month:

1.Reducing the KYC threshold

Hey Jim, Just a simple question. What do you mean by reducing the KYC threshold? Does it mean it will drop from the current $2,000 threshold to maybe $1,000 or $500 or did you mean making the KYC threshold more friendly like $10k+?

Personally, I would prefer the latter

Hey logfiles,

yes I meant that we are working to increase the threshold so that more favorable KYC conditions can be applied while staying compliant!

I will keep you posted on this

Best
Jim

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Quote from: serjent05 on January 02, 2025, 03:25:03 PM

I had experienced this one, hitting my target and continue playing, ending up with an empty bankroll, so yeah I am one of those who are like you Grin

.

It is good to know there are people like me in gambling. I mean, I am not alone in such behaviour. Sometimes, I set a target like 2x my deposit, which could be 80 dollars, but once I hit my target, I continue to play and think, why not make it a round figure like 100 dollars? Sometimes, I round up the amount and withdraw the funds, and sometimes, I lose the entire balance.

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It is probably both made a big deposit and hit a huge win, later finding out that they were caught bypassing the geological restriction, or exploiting the reward system through multi-accounting. Or they forgot to undergo KYC since huge withdrawals needs to passed KYC for most casinos.

If I were these high rollers who make big deposits, I would check the Casino terms before I make a deposit. Also, it is a good idea to complete KYC before you make a deposit. Because once you make a withdrawal request and then submit your KYC, the casinos take a long time to verify that.

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Quote from: ? on January 02, 2025, 04:47:32 AM

However, we're working on two major improvements for January, which should be implemented by the end of the month:

1.Reducing the KYC threshold

Hey Jim, Just a simple question. What do you mean by reducing the KYC threshold? Does it mean it will drop from the current $2,000 threshold to maybe $1,000 or $500 or did you mean making the KYC threshold more friendly like $10k+?

Personally, I would prefer the latter

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Quote from: Learn Bitcoin on January 02, 2025, 11:22:51 AM

Quote from: virasog on January 02, 2025, 10:59:49 AM

Its better we define our target and successfully quit or cashout once we reach certain target. Most of the time the gamblers do not set any target and keep on playing, unless they lose all the profits and seed money too. Even with a person having high bankroll, he would also not want the profits to give it back to the site. Unless your risk is prior defined and also you know when to take profits, then you can say that you are fully prepared for gambling.

Right. If we do not have any target and continue to gamble, we are likely to lose deposits and the profit we made. Unfortunately, some of us still continue to gamble even after achieving our target, and end up losing that money. It happened to me a couple of times, and I believe there are more players out there like me.

I had experienced this one, hitting my target and continue playing, ending up with an empty bankroll, so yeah I am one of those who are like you Grin

.

Quote from: Learn Bitcoin on January 02, 2025, 11:22:51 AM

Sometimes, I see scam accusations that a casino holding a hundred thousand dollars or bigger amounts than that. I wonder how they made it? Either their deposit was too big, or they hit some big wins.

It is probably both made a big deposit and hit a huge win, later finding out that they were caught bypassing the geological restriction, or exploiting the reward system through multi-accounting. Or they forgot to undergo KYC since huge withdrawals needs to passed KYC for most casinos.

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Quote from: virasog on January 02, 2025, 10:59:49 AM

Its better we define our target and successfully quit or cashout once we reach certain target. Most of the time the gamblers do not set any target and keep on playing, unless they lose all the profits and seed money too. Even with a person having high bankroll, he would also not want the profits to give it back to the site. Unless your risk is prior defined and also you know when to take profits, then you can say that you are fully prepared for gambling.

Right. If we do not have any target and continue to gamble, we are likely to lose deposits and the profit we made. Unfortunately, some of us still continue to gamble even after achieving our target, and end up losing that money. It happened to me a couple of times, and I believe there are more players out there like me.

Sometimes, I see scam accusations that a casino holding a hundred thousand dollars or bigger amounts than that. I wonder how they made it? Either their deposit was too big, or they hit some big wins.

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Quote from: Learn Bitcoin on January 02, 2025, 10:29:08 AM

Quote from: liuka on January 01, 2025, 05:12:33 PM

Yes, maybe there is no pressure for me because I don't deposit capital because I play with a promo bonus. However, the reference will be different if I make a deposit, especially in large amounts, so there will definitely be a sense of inconsistency and that will change everything.

If I make a hundred dollars deposit and make it at least 3x, I don't think I can afford to lose that amount. So, I guess I will stop playing once I make it 3 times. I assume you would do the same thing. But some people with high bankrolls can afford to lose such an amount. So, they may continue to play even after making a 5x profit. That is why sometimes we see people with half a million dollar withdrawal requests.

Its better we define our target and successfully quit or cashout once we reach certain target. Most of the time the gamblers do not set any target and keep on playing, unless they lose all the profits and seed money too. Even with a person having high bankroll, he would also not want the profits to give it back to the site. Unless your risk is prior defined and also you know when to take profits, then you can say that you are fully prepared for gambling.

Learn Bitcoin

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Quote from: liuka on January 01, 2025, 05:12:33 PM

Yes, maybe there is no pressure for me because I don't deposit capital because I play with a promo bonus. However, the reference will be different if I make a deposit, especially in large amounts, so there will definitely be a sense of inconsistency and that will change everything.

If I make a thousand dollars deposit and make it at least 3x, I don't think I can afford to lose that amount. So, I guess I will stop playing once I make it 3 times. I assume you would do the same thing. But some people with high bankrolls can afford to lose such an amount. So, they may continue to play even after making a 5x profit. That is why sometimes we see people with half a million dollar withdrawal requests.

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So, are you interested in participating in the ongoing airdrop program, I hope you don't miss it.

Nope. Even though I was hunting for Airdrops a few months ago, I don't think I will be interested in participating in those airdrops anymore. I feel like, I am unlucky with these airdrops. Moreover, the casino requires KYC to make withdrawals. So, it's a no from me.

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Hey guys,

Thanks for the feedback!

Most likely, some providers weren't visible to you because game availability depends on the region you're connecting from. Different countries have access to different game selections based on local regulations.

There's no need to complete full KYC unless your combined deposits and withdrawals exceed $2,000. This is a requirement under our Curaçao license.

However, we're working on two major improvements for January, which should be implemented by the end of the month:

1.Reducing the KYC threshold
2. Expanding game availability to most countries (except for a few restricted jurisdictions, which we're working to minimise)

Jim

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Quote from: Learn Bitcoin on January 01, 2025, 12:48:24 AM

Quote from: liuka on December 31, 2024, 05:11:26 PM

I just created an account at BoxBet.io and I claimed a $1 bonus with the promo code shared by OP in this thread. Well with the $1 bonus I played carefully where I was able to increase my winnings to $55 last night.

I didn't intend to withdraw it because I was looking for fun by playing many slot games available at Boxbet.io

That was impressive. So you did 54x of that bonus. Imagine you 54x multiplied your $500 deposit. That would be 27K USD. Unfortunately, that does not happen unless we hit a jackpot or a big win. I guess I also turned my low balance into a good amount. But I never managed to make more than a few hundred dollars. I cannot imagine making more than a thousand dollars. Probably, I wouldn't continue playing after one big win because I won't take the risk of losing that money.

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Second I didn't withdraw my winnings, so do I have to go through KYC to make a withdrawal.

Interesting, I don't think I would complete KYC for $55. Do they have mandatory KYC? Or it depends on the amount you withdraw?

Yes, maybe there is no pressure for me because I don't deposit capital because I play with a promo bonus. However, the reference will be different if I make a deposit, especially in large amounts, so there will definitely be a sense of inconsistency and that will change everything.

Yes, besides that, I am interested in continuing to play slots at BoxBet.io because I have a desire to get lots of tokens in the ongoing airdrop program.

So, are you interested in participating in the ongoing airdrop program, I hope you don't miss it.

Yes, I'm curious, do I have to do KYC to comply with the rules in order to make a withdraw.

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Quote from: liuka on December 31, 2024, 05:11:26 PM

I just created an account at BoxBet.io and I claimed a $1 bonus with the promo code shared by OP in this thread. Well with the $1 bonus I played carefully where I was able to increase my winnings to $55 last night.

I didn't intend to withdraw it because I was looking for fun by playing many slot games available at Boxbet.io

That was impressive. So you did 54x of that bonus. Imagine you 54x multiplied your $500 deposit. That would be 27K USD. Unfortunately, that does not happen unless we hit a jackpot or a big win. I guess I also turned my low balance into a good amount. But I never managed to make more than a few hundred dollars. I cannot imagine making more than a thousand dollars. Probably, I wouldn't continue playing after one big win because I won't take the risk of losing that money.

Quote

Second I didn't withdraw my winnings, so do I have to go through KYC to make a withdrawal.

Interesting, I don't think I would complete KYC for $55. Do they have mandatory KYC? Or it depends on the amount you withdraw?

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I just created an account at BoxBet.io and I claimed a $1 bonus with the promo code shared by OP in this thread. Well with the $1 bonus I played carefully where I was able to increase my winnings to $55 last night.

I didn't intend to withdraw it because I was looking for fun by playing many slot games available at Boxbet.io

But some of my reviews.

I play with a smartphone and sometimes it's very slow to load,
Second I didn't withdraw my winnings, so do I have to go through KYC to make a withdrawal.
Third, I saw that there weren't many service providers available such as pragmatic, pg soft and several others. Btw I love pragmatic and pg soft.

Lastly, I saw that my ranking was in the airdrop winner order, I kept it a secret. Btw when will the airdrop be distributed. Thanks to OP and continue to improve the performance of the platform by providing many popular slot games such as Olympus and Mahjong.

Well, I think Boxbet. io must have X account. It will be better to attract many new members.

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Hey Jay,

we will soon announce the tokens' release date; this is not confirmed yet. However, yes, we will release the tokens to all eligible players at the same time in 3 equal instalments over a 3-month vesting period.

Jim

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Quote from: khaled0111 on December 29, 2024, 06:16:53 PM

Quote from: panjul07 on December 29, 2024, 10:51:58 AM

Correct me if I'm wrong in reading the leadearboard because I assume bet volume here is the same as total wager amount.

You are reading it right. It’s just that the bet volume you see on the leaderboard is the total wagered amount on slot games (bets on other games do not count according to the rules of the contest).
Not sure, but by "millions" maybe he was referring to the prize value and not the bet volume! In any case, the leader, given how much he has wagered, is not any close to a whale. That’s not surprising, tbh, since BoxBet is still a relatively new casino!

Actually it is a good chance for slot lover to get those BXBT by playing their favorite slot games at boxbet but unfortunately I have no chance for it since boxbet does not accept players from my country.
Looking at the current leaderboard, it is not that hard for slot lovers to be on top 10 positions on the leaderboard but of course it is not recommended to wager just to get the BXBT airdrop since we do not know whether it will be worth or not later.
If I have the chance, maybe I can spend some money to wager on slot and get some BXBT token from the airdrop although it is not a real airdrop for me since wagering is the main requirement to get some share of the token allocation.

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- Jay -

Quote from: ? on December 27, 2024, 09:10:24 AM

...
We are giving away 5M BXBT. Let’s imagine there are only two users wagering on the site. At the end of the airdrop, they would each receive 2.5M BXBT. If there were 10 users wagering the same amount, they would each receive 500k BXBT. Essentially, the 5M BXBT is distributed proportionally among all users who wagered on slots, pro-rata.
...

When I read this the first time, especially the first part, it gave me the impression that amount wagered will not be taken into account but everyone who wagered will get an equal share. The bolded part suggest otherwise and so does the leader-board. It is definitely better the way it is structured with a transparent leader-board showing users that deposited as low as 20 cents.

The instructions says the BXBT will be distributed in 3 equal installments, will all winners be getting their installments at the same time or it will vary?

- Jay -

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The team confirmed the "slots only" requirement for the BXBT leaderboard is already on the Leaderboard promotion page, and actually, it's always been there.

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Thanks for the feedback!

Yep, we mentioned in the whitepaper that only slot wagers count for the 5M BXBT airdrop. I'm having the team update the leaderboard page too, so it's clearer!

We just launched, Players are joining in, and I’m pretty sure the leaderboard wagering will soon increase! 😊

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Quote from: panjul07 on December 29, 2024, 10:51:58 AM

Correct me if I'm wrong in reading the leadearboard because I assume bet volume here is the same as total wager amount.

You are reading it right. It’s just that the bet volume you see on the leaderboard is the total wagered amount on slot games (bets on other games do not count according to the rules of the contest).
Not sure, but by "millions" maybe he was referring to the prize value and not the bet volume! In any case, the leader, given how much he has wagered, is not any close to a whale. That’s not surprising, tbh, since BoxBet is still a relatively new casino!

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Quote from: cryptomaniac_xxx on December 29, 2024, 06:10:16 AM

And currently, this is how the picture looks like,

The race leader has millions and obviously he is a whale, but it is still very close between 2-10. From the looks of it, BoxBet really attracted a lot of big bettors to play in their platform and have their hands on that huge amount of BXBT airdrop.

Millions? As far as I can see from the image you provide above, the leader's wager volume is $22k only and he has potential chance to get more than a million BXBT token from the airdrop.
Am I missing something here? If not, bet volume of $22k cant be considered as whale IMO because small-medium players can reach it with few hundred bucks starting balance.
If it is really attract big bettors, most of the top 10 users in the leaderboard must be having more than several hundreds thousand dollar bet volume.
Correct me if I'm wrong in reading the leadearboard because I assume bet volume here is the same as total wager amount.

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Farewell o_e_l_e_o

Quote from: cryptomaniac_xxx on December 29, 2024, 06:10:16 AM

And currently, this is how the picture looks like,

The race leader has millions and obviously he is a whale, but it is still very close between 2-10. From the looks of it, BoxBet really attracted a lot of big bettors to play in their platform and have their hands on that huge amount of BXBT airdrop.

Interesting information but I see one thing for possible improvement.

BoxBet team can add a countdown timer on top of this Leader board, so that people who are either guests or users, can know that how long will it last till the end day of the race for token airdrop. It's kind of marketing on BoxBet platform.

This count down timer will create hype and can bring more active bets as part of activities from users to have more BXBT tokens from the airdrop.

cryptomaniac_xxx

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And currently, this is how the picture looks like,

The race leader has millions and obviously he is a whale, but it is still very close between 2-10. From the looks of it, BoxBet really attracted a lot of big bettors to play in their platform and have their hands on that huge amount of BXBT airdrop.

Topic: 🚀 BoxBet.io | Crypto Casino | Token Airdrop: 5M BXBT 🎁 | $1,000,000 JACKPOT 💸 - page 4. (Read 1829 times)