Can gambling sites deduct amounts in my account?

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: Nauro on December 17, 2015, 08:44:14 AM

Quote from: ?? on ??

its very easy for gambling site owner to do this , as long they know how to manage the website by their own, just my advice to you, trust only trusted gambling site

yes but they often scam ( reputed sites ) Sad

Don't troll and talk rubbish. It is hard to remember a site that has been going a year do anything along the lines of scammy. In general if the site is trusted and been here awhile nothing is happening. All you have to do is withdraw your funds after playing it is super simple and saves any worry.

jpouza

legendary

Activity: 2660

Merit: 1106

Quote from: btc-raffle.com on December 16, 2015, 04:21:53 AM

Any site owner can do anything with its members balance.

Exactly, since the wallet owner is the site admin, it is recommended always to keep your gains in a personal offline wallet.

darkangel11

legendary

Activity: 2296

Merit: 1335

Defend Bitcoin and its PoW: bitcoincleanup.com

They can do it but they very rarely do. If you could prove it it would destroy their reputation, so it's not worth it.

maku

legendary

Activity: 1288

Merit: 1000

Quote from: target on December 16, 2015, 03:53:01 AM

Been playing with dice for a bout a week now and won few. I was wondering if gambling site can deduct some bitcoins in our accounts if they intend to. Can they?

The money your have deposited in online storage: say Casino, online bitcoin exchange or bank are not truly yours. To own it fully you have to store them on your machine, and have direct access to your private keys.

But that aside if deposit coins in a Casino with good history of being honest then chances they will tinker with your deposit are slim or non existent.

Nauro

hero member

Activity: 504

Merit: 500

Quote from: ?? on ??

its very easy for gambling site owner to do this , as long they know how to manage the website by their own, just my advice to you, trust only trusted gambling site

yes but they often scam ( reputed sites ) Sad

coinplus

legendary

Activity: 1386

Merit: 1058

Quote from: MaritiJames3 on December 17, 2015, 07:03:49 AM

They can indeed, it's the owners site so yes they can do whatever they can with your bitcoins. I don't think gambling sites would change anything though, it does more harm to them. If you win big try to withdraw as soon as you can.

Yes withdrawing your profits often must be a most recommended with respect to gambling to keep your funds safer from yourselves as well as from gambling houses.
As long as money is not in our control, the site owners can do anything with it. Out of greedy many gamblers simply raise their betting amount and end in wiping out of their profits.

MaritiJames3

sr. member

Activity: 448

Merit: 250

They can indeed, it's the owners site so yes they can do whatever they can with your bitcoins. I don't think gambling sites would change anything though, it does more harm to them. If you win big try to withdraw as soon as you can.

xuan87

legendary

Activity: 1666

Merit: 1001

I think that is not possible if the gambling site is legit,

if they deduct your account without you notice the site can be banned and nobody will play at that site again

but from my experience i think that is not possible

Patatas

legendary

Activity: 1750

Merit: 1115

Providing AI/ChatGpt Services - PM!

Quote from: Rizky Aditya on December 17, 2015, 06:41:29 AM

Of course they can do this. The owner of the site can deduct any amount from any of his user's accounts. I once invested in a ponzi, and the wallet kept changing and there had been no payouts. So yeah.....

Really ? Your ponzi had a wallet ? I would like to know more about it ?Wow never knew the owner of the gambling site will deduct the money from your wallets .Such a cheeky bastard .Also tell me the name of the ponzi you invested in ,we will sue the owner together.

Rizky Aditya

hero member

Activity: 700

Merit: 500

Of course they can do this. The owner of the site can deduct any amount from any of his user's accounts. I once invested in a ponzi, and the wallet kept changing and there had been no payouts. So yeah.....

ThunderThomas

full member

Activity: 210

Merit: 100

fastdice.com The Worlds Fastest Bitcoin Dice

Yes they can, that's why it's best to keep track of the amount you have before logging out and take screenshots for proof.
Or you could just withdraw if you've won a huge amount. That's the smartest thing to do.

Pollak

full member

Activity: 182

Merit: 100

Pollak

They can do whatever what they want with the amount in your account since you made a deposit on their site. If you have a high balance I suggest you withdraw before playing again.

elizabethqueen

sr. member

Activity: 252

Merit: 250

Quote from: Patatas on December 17, 2015, 05:48:54 AM

No dude ! They should'nt ! They can take some transaction fee if they've mentioned but most of the sites do charge a negligible amount as transaction fee.If apart from that your money is automatically deducted frm your account you can always submit a support ticket or raise an issue.

let me fix your sentence.
they can do editing all information in their own website include your account,
but they shouldn't do it.

Patatas

legendary

Activity: 1750

Merit: 1115

Providing AI/ChatGpt Services - PM!

No dude ! They should'nt ! They can take some transaction fee if they've mentioned but most of the sites do charge a negligible amount as transaction fee.If apart from that your money is automatically deducted frm your account you can always submit a support ticket or raise an issue.

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: target on December 16, 2015, 04:31:23 AM

Quote from: damiano on December 16, 2015, 04:19:07 AM

Why would you ask that after a week of playing?

I'll be honest it sounds like you may be up to no good. (if that is the case then yes they can easily!)

If you're a normal player just playing dice not doing anything shady then you have nothing to worry about in the slightest pal assuming of course that you are playing at one of the top dice sites.

Just wanna ask as I don't remember how much I have in my account. I just login and saw that amount I never have. will try to record my btc every time i go stop.

I see, in my opinion assuming you are playing at a trusted site you have nothing to worry about. But to be on the safe side and for your own piece of mind you are best of withdrawing after your days gambling. So you are always in control of your own funds which is one of the best thing about bitcoin. You gotta be in control of your priv keys pal.

enhu

legendary

Activity: 2478

Merit: 1018

Quote from: equator on December 16, 2015, 03:44:19 PM

after reading the thread subject and replies one thing is confirm that playing in casinos and dice game is fully risky because owner of the site can do anything with our account and what ever we won can go anywhere then it is totally literally waste of time, damn i also wasted so much time and my bitcoins, now i will stop fully.

thanks guys for giving so good information.

That's not the point here. Certainly there are gambling sites that are reliable and trustworthy and I mean some of them are in the business for years so surely they are doing it right. Newer gambling sites are spending thousands to advertise their services and so I think they're not scam at all.

You'd be alarmed if there are accusations to them though.

Superhitech

legendary

Activity: 1064

Merit: 1000

Quote from: adaseb on December 16, 2015, 10:11:19 PM

If its a scam site then they can and will steal all your BTC if they want. Happened before many many times. That's why its never a good idea to hold a large amount of BTC at once. Just deposit and withdraw when you are done.

This is the best strategy, but if you want to keep it in your gambling site account, it should be fine. Honestly, if you play fair and don't cheat, the likeliness of your balance being deducted by one of the reputable gambling sites (i.e primedice, bustabit) is close to 0. These sites have more to make by staying rather than running with money.

adaseb

legendary

Activity: 3738

Merit: 1708

If its a scam site then they can and will steal all your BTC if they want. Happened before many many times. That's why its never a good idea to hold a large amount of BTC at once. Just deposit and withdraw when you are done.

Omikifuse

legendary

Activity: 1750

Merit: 1009

Quote from: equator on December 16, 2015, 03:44:19 PM

after reading the thread subject and replies one thing is confirm that playing in casinos and dice game is fully risky because owner of the site can do anything with our account and what ever we won can go anywhere then it is totally literally waste of time, damn i also wasted so much time and my bitcoins, now i will stop fully.

thanks guys for giving so good information.

Yes, the owner can run with everyone's money if he wants.

But will he? Big sites like Prime Dice and others earn a good amount of BTC by day, so would not take much time until they earn honestly what they could steal. Plus they would really piss people off, they would DOX them and go after the owner, and they would have problems with the law too. It surely would hurt them in real life.

I think it is unlikely that the owners of the big casinos will just run away or cheat people, even if they are dishonest, because it would not be profitable

fravia

hero member

Activity: 770

Merit: 500

CryptoTalk.Org - Get Paid for every Post!

they can do that only if you loose money then they can take the money you lost but they cant take your money without any reason because it would mean that they are stealing your money this would definitely not be good for all their reputation

Topic: Can gambling sites deduct amounts in my account? (Read 1371 times)