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Topic: Casino 500 insolvency - page 2. (Read 337 times)

hero member
Activity: 3094
Merit: 929
July 23, 2024, 07:14:09 AM
#9
Quote
Hello! I gamebled in the Euro final: I bet 30.000$ on over of the first time match (I had better placed a bet on the second time), but I almost won back with 2,5 over. After at night when I was drunk enough I bet over on not important things in the cybersport (E-sport) section (bots play there) that are suggested in live.

Next day I tried to spin the slots but I found my account blocked. After KYC verification I was declared that I was allegedly a cheater and my modest win 9306,73$ would be seized. I was brought back my deposit and said that I created multi accounts though I do exactly remember that I have never signed in this casino before.

Casino 500 accepts bets but it is not well-off to pay out the wins.

So you were betting while being drunk and you don't clearly remember what happened? Is this a betting strategy or something? Grin
It seems to me that this is yet another example of shady/sketchy behavior by the casino. This is weird, because Casino 500 has a fairly decent amount of positive reviews on Trustpilot, but Trustpilot reviews can be faked, so I don't know whether this casino is legit or not.
At least you got your deposit back, which probably means that the casino isn't trying to directly scam you and steal your money.
I can't discuss the casino's claim about you having multiple accounts. Maybe you are lying or maybe the casino is lying. I can't tell who is right and who is wrong here.

legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
July 23, 2024, 06:14:27 AM
#8
OP, can you tell us the reason you created a new account on 500 instead of using your existing one elsewhere? Your betting history [wagered 30,000 USD on first bet, compulsively playing e-sport, intended to play slots the day after] indicate a frequent gambler. I believe you have at least one account on other platform?
hero member
Activity: 2128
Merit: 532
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July 22, 2024, 11:41:03 PM
#7
Thanks yahoo, I happened to stumble across this thread while periodically checking for any new cases.

As Taniq (staff dealing with sportsbook) has already clarified on the multi-account abuse, the whole outcome is self-explanatory; nothing much to be done here.

At least the casino is lenient enough to return the deposits rather than forfeiting your entire balance.


Quote from: Dimhol
Casino 500 accepts bets but it is not well-off to pay out the wins.

Not sure if you've followed our socials and the forum thread here, but we post huge winnings from time to time, usually between 5 to 6-figures. These come from both regular and VIP users that have been playing for years.
hero member
Activity: 2674
Merit: 696
Dimon69
July 22, 2024, 07:53:11 PM
#6
Hello! I gamebled in the Euro final: I bet 30.000$ on over of the first time match (I had better placed a bet on the second time), but I almost won back with 2,5 over. After at night when I was drunk enough I bet over on not important things in the cybersport (E-sport) section (bots play there) that are suggested in live.

Next day I tried to spin the slots but I found my account blocked. After KYC verification I was declared that I was allegedly a cheater and my modest win 9306,73$ would be seized. I was brought back my deposit and said that I created multi accounts though I do exactly remember that I have never signed in this casino before.


The narrative sounds like a bullshit to me. A guy betting 30K immediately on first bet while betting drunk on another day sounds like too good to be true for me or else you will not cry about that much on 9K profit if you have mega bankroll to spare on a drunk bet.

Your story seems like you are good betting carelessly with huge amount but you are making a big deal on a 9K which is a small part of your total bankroll since you can bet 30K at one bet.

If my assumption is correct, You are engaging on arbitrage bet taking profit on casino promotion.
hero member
Activity: 1554
Merit: 880
Top Crypto Casino
July 22, 2024, 07:51:11 PM
#5
What I have noticed is that some people will denied this but they have two or more accounts on the gambling site.
Sometimes it's an honest mistake and denied, some have family or friends who registered the same casino thus sharing the same range of IP address due to connecting on the same network, some are just making excuse coming here to invite people to their side.

Casino 500 have scam accusations yet most of them were resolved, some were not because of obvious reasons, users fault.
legendary
Activity: 3682
Merit: 4469
July 22, 2024, 07:29:53 PM
#4
I have only 1 account and there is no proof of opposite
So because you say you aren't a cheater, we are supposed to just believe you and chastise 500casino? You realize that they aren't just going to accuse you out of the blue right? You are not the 1st person to win and 10k damn sure isn't worth ruining their reputation over.

Now, let's say you are falsely accused. Would a falsely accused person come here and accuse a casino of being insolvent? Would a falsely accused person do anything other than explain what happened and try to reach a representative? You have done nothing but try to smear a reputation in hopes that your weakass story damages their reputation and they pay you for fear they are going to lose more business. You're probably still drunk and i'm not buying your story 1 bit.

UserU tagging you in case you want to look into this.

I would like to clarify something for the record on my stance regarding multi accounts. The only way I really feel like multi accounts should be considered illegal or they are abusing the casino is if they are creating the accounts to keep trying to reclaim welcome bonuses or 1st time deposit bonuses. Even though those bonuses come with terms attached, a person shouldn't be trying to take advantage that way.

If they are just claiming bonuses such as rakeback, weekly, monthly or bonuses like that, then IMO it should be fine. Those bonuses are gained by a person wager activity on the site and no matter if they use an old account or new account, they have earned those bonuses. Likely down for the week or day on their wagers as well.

While I know it's in the ToS of most casinos that multi accounting is forbidden, and people shouldn't do it, I do think that it's a pretty bad way to screw a person out of funds.
newbie
Activity: 5
Merit: 0
July 22, 2024, 04:43:45 PM
#3
I have only 1 account and there is no proof of opposite
legendary
Activity: 994
Merit: 1267
Lightning network is good with small amount of BTC
July 22, 2024, 11:53:12 AM
#2
But you are able to withdraw your deposit. Only your winnings have been seized because of having more than one account on the gambling site.

What I have noticed is that some people will denied this but they have two or more accounts on the gambling site.

Warning: Do not use the gambling site again because they have warned you. That if you register on their gambling site again, that your money will also be seized.
newbie
Activity: 5
Merit: 0
July 22, 2024, 11:47:40 AM
#1
Hello! I gamebled in the Euro final: I bet 30.000$ on over of the first time match (I had better placed a bet on the second time), but I almost won back with 2,5 over. After at night when I was drunk enough I bet over on not important things in the cybersport (E-sport) section (bots play there) that are suggested in live.

Next day I tried to spin the slots but I found my account blocked. After KYC verification I was declared that I was allegedly a cheater and my modest win 9306,73$ would be seized. I was brought back my deposit and said that I created multi accounts though I do exactly remember that I have never signed in this casino before.

Casino 500 accepts bets but it is not well-off to pay out the wins.

I ask you to assist solving the problem with my seized money, if it's possible. I also ask to inform the community about the dishonest way Casino 500 works, deceiving its clients who win.

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