Topic: do anyone have done this? with gambling platforms - page 8. (Read 4000 times)

LOL, speaking or typing from my personal experience now, it never ends well for those who win a very big amount of money, and then go on to still continue playing with the money they won, most will end up gambling and losing the entire amount, and might even proceed to make a deposit and still lose it too.

This is exactly what happened to one of my friend, a very good friend of mine, won over $300 dollars in our local currency on a local casino, unfortunately, it was on a weekend, that is on Friday night, and the casino does not pay winners on weekend, they winner will have to wait till Monday before he or she gets paid, so my friend was told to wait till money to get paid.

Long story short was that, he started gambling and betting from the money he won, and before Monday morning, he has already lost every thing back to the casino, it was an  unfortunate experience for him as he regretted this seriously.

So based on this , i will never advice any gambler to tour that same path.

He would have won if he had used the signals from his friend at that time because his friend managed to win consecutively. Luck is important, for sure, but sometimes your luck might change based on situations and conditions.

It's true, responsible gambling is important no matter how many wins you manage to get one after the other, the point you lose focus and start thinking about getting more profits in a single bet, you will most likely lose everything you've managed to win so far.

I've seen a lot of people making that mistake, they keep winning one game at a time, and once they manage to win a considerable amount after so much time, they become greedy and think that they will double their money in a single game and that is when they lose everything and then regret their decision but to no avail.

Usually, casinos will ask gamblers to do KYC if they want to withdraw large amounts of money. Especially if they never or rarely withdraw large amounts of money. You've written down what gamblers need to do if they want to do something other than KYC. But they must be ready for KYC if necessary because there is a possibility that every casino will ask its users to do KYC in the future.

And since gambling is entertainment, we also don't need to play with a lot of money. And if we win a big amount, we can use it to play for a while and withdraw the winning money.

Most of the casinos these days have provably fair systems where a user can verify every bet they have made just to make sure that the result was fair and wasn't manipulated, so I guess there should be doubts about the algorithms if we have an option like that. It's all about luck and nothing else, some people may get winning streaks in gambling if they are extremely lucky, but since the chances for you losing are a bit higher, and there is also a house edge, the chances for a gambler to stay profitable in the long run are very tiny.

The psychological strategy of casinos and the things that they use to lure users into depositing more money are promotions and bonuses where users are given more money to play with but a higher wagering requirement to complete which barely is doable and most gamblers will lose everything halfway through it and then they will either deposit more or simply stop right there.

The casino will be happier if you win more often and play regularly but as mentioned earlier house edge works behind the scenes to stop your winning streak. This means there is no such thing as a serial winner in the casino unless the player cheats. Discourage cheating by making elementary or beginner mistakes like hitting when you should always choose the best online casinos because they allow players to count cards. If you are playing at a land based casino switch between casinos to avoid getting too familiar on the floor.

KYC is highly frowned upon on this forum or with this community on which on the time that they would really be able to encounter those casinos who do ask or really that too strict when it comes to compliance of information or verification then would really be that raising up some eyebrows but if the amount is really that something significant then it would really be just that so normal that it would really be complied for those people who wont really bothered much about their identity as much as possible that they could be able to make money.

This is why if you do want to save up yourself on potential problems such as this then it would really be always ideal that you should really be sticking into those platforms on which it would really be
that enough be trusted or been old and reputable here on this market. You cant really be sure always to those newly launched sites but im not generalizing considering that these old sites
are once a new site too. It did really just turn out that they do able to get such enough reputation.

Some people want to reclaim their past losses first, but it's quite risky when someone decides to continue playing after a significant win. Yes, they might end up losing it all, much like the advice given to gamblers who don't want to become addicted.

The second option might make more sense, where we can withdraw a small amount every day until the entire balance can be withdrawn without undergoing KYC (Know Your Customer verification). The question is, how does the casino implement KYC for its users? Is it based on the amount of money withdrawn or the winnings obtained?

This is a bit confusing here as where these casinos will demand for KYC is we won big amount or if we withdraw big amount?
I think most of the non-KYC casino will not ask for KYC until you initiate a high withdrawal. So if you want to continue playing at those casinos without KYC, there are few options like

1- Do no initiate withdrawal, rather use the winning amount playing more games and enjoy the time
2- Take withdrawal slow and steadily

Even using these precautions, there is no grantee that they won't ask for the KYC. So mentally you should be ready, that at any time they may cease your account and demand for a KYC.

Any gambling adventure requires careful study of the ToS and FAQ! Anyone entering the exhilarating world of online gambling should start there. You are right about checking authorized jurisdictions, which is essential for legal and ethical compliance.

Some gamblers deliberately break those rules with VPNs and fake identities. They're ethically wrong and legally vulnerable. Although many choose this path, purposeful lying is a serious gamble with one's ethics and legality.

Let us remember that honesty is vital in ethical gambling discussions, especially in virtual environments where we may feel invisible. For the survival of our cherished hobby, we must build a community that actively discourages deception.

Players should always be ready for this, even if they're playing a small amount there's always a possibility of a small bet to hit 1000x, that's the beauty and unpredictability of playing in a casino you just don't know what's the next that is going to happen.
You should be ready to do KYC and be sure that you will pass the KYC, or else you will forfeit your earnings most of all you should only play at a casino with a good reputation so even if you win a huge amount you are not doubt that you will not get your winning.
We seldom win in gambling so if we are going to win much more a big amount we have to be sure that we'll get it.

That is true and as long as one does not exceed the limit, he can still withdraw his winnings without doing KYC. But if it has crossed the limit, he has to do KYC. But we must remember that each casino has limits that allow someone to withdraw their winnings so it is not surprising that one day, if we win $100, we are immediately asked to do KYC. However, some casinos will not ask us to do KYC because the casino's limit is still higher than the previous casino. When we gamble at a crypto casino, we must always be prepared if one day the casino asks us to do KYC. That's all we can do and if we don't want to do it, we don't have to gamble or use very small money to gamble.

There are very few casinos and sportsbooks who'd to that. That being said, there'll always be an upper limit on most crypto sportsbooks that would allow withdrawal until that amount, without any issues with KYC. If you cross that upper limit, you will have to give some sort of identity verification. The next step, it the amount is massive, you'll also have to submit address proofs etc to them.

Does that mean your $193 profit goes to waste after winning it only to face a string of losses afterward?

I'm still curious about the algorithms of gambling platforms, whether they truly provide big wins just to lure users into depositing more money. This is often cited as a psychological strategy in gambling. Initially, one may experience delight, only to later regret it when the money they had accumulated is taken back by the casino.

Any individuals who's gambling and going against the terms and conditions of a casino is taking big risk because when the casino catch the users, he'll lose access to the account and money on the account. Not all casino will allow you to withdraw before they ban you. If your country is prohibited, don't use VPN to cheat the casino unless the casino allows the use of VPN. Also the use of fake identity for verification is not good because you can also get banned when you get caught.

There are many gambling platforms therefore if you're not allow on one, you can try others and you'll see one that allows your country to use them. If your country is banned on all casino then you can try decentralized casino that won't restrict countries. They're not popular yet but we have some active ones.

I know from my own experience that this is not always the case. However, my situation concerns an exchange and not an online casino, but it is suitable as an example of dishonest behavior. I registered on Coinlist and completed the KYC and set up 2FA to participate in the FLOW token sale. I bought tokens and after a short time (a few days) I was unable to log into my account. On the screen I saw information about technical work. Support said they understand the situation. A few weeks later it turned out that these were not technical problems, but that my account was blocked without adequate explanation of the reasons. They just said that I broke the rules. I can only assume that this was due to the use of a VPN to log in - I used it after the account was blocked to check what the problem was: in my IP or not. Also, during the proceedings, the Rules changed several times and my current place of residence came under sanctions. However, Coinlist promised that FLOW tokens would be transferred to me and partially fulfilled this promise, I was able to receive half of the tokens. And the exchange simply stole the second half and “erased” it from my account. The latest support ticket has been pending for over a year. This is an example of how an exchange or casino can simply take away your funds simply because they can.

Every gambling site definitely has prohibited jurisdiction and all gamblers can find out which countries are not allowed to use the site by reading everything in the Tos or FAQ which is available on the first page at the bottom when accessing the site.
By knowing all the prohibited jurisdictions we can choose which casinos we can use freely and easily complete the required verification.

We gamble using the amount of money we get from work or business so don't use the wrong casino because it could risk the opportunity of losing the amount of money we have deposited.
But it seems that there are also some gamblers who live in one of the prohibited countries but they still access with VPN and use fake identities for verification.
Even though this is prohibited quite a few gamblers have done it.

When I started playing on Roobet I won a contest specifically the Roobet art contest and the prize was credited to my account and use it to bet. I decided to try my luck on the slot game Hand of Anubis placing a $1 bet on every spin. Fortunately I got lucky and hit a 600X win. After this win I withdrew my winnings immediately. At that time they didn't require any additional information regarding my identity but my Google Authenticator was enabled on my account. They simply asked me to enable Google Authenticator and confirm my email and with that done I was able to make an instant withdrawal.

These are the reasons why anyone who is a newbie has to use a casino with a good reputation, and that has some great trust, not only by the DT members, but also by doing a little analysis and research things become clear. They can go to the place where the casinos are more likely to be able to do some things, for example a casino can sense that more things can be done with respect to contests and bonuses, a casino that is relatively old does not have those characteristics of the casino. that are so impossible, like 20x or 30x, as I have seen those cases that I tell Myself , for me that is Impossible, I have neither the time nor the patience to be able to do something like that, or achieve something like that, in a casino that is old, suppose like stake.com, bitcaisno.io do not care about this, but that the players have a bonus where at most they can make some not so difficult Requirements, never 30x or 50x, it is something that is not makes any kind of sense, even for those Who are bosn hunters , it turns out to be something impossible for them, that is why always when we are in a casino it is better to enter the casinos of the forum, some reviewers are in charge of putting in the top 3 the best, of course when we do something like that of looking for the best we may have to do better things, like if we like the casino that is in the top 1, We feel good there when we play.


If the casino has the option to make or Reach VIP level faster than the others, if the casino offers us good options so that we can have comfort , have Loyalty , I am of the opinion that we should always have a casino that represents us, that we are Loyal to him , in my case it is 100% Stake.com, bitcasino.io, because they are the casinos that I have seen that are very complete, they have a very friendly Community , and apart from everything you can win, the small players are treated the same as Whales.

Yes, gambling relies on luck. Before betting, learn from your friend's study and prediction methods. What if your friend is lucky and has bad strategies? Can you catch his luck by watching and copying?

Even if you follow him carefully, your path may take unforeseen turns. Remember to never underestimate luck. Recognize that even the best approach can fail. Learn from losses. Increase your knowledge and approach. Dont only hunt for winning streaks; find long-term strategies that can weather the storm. Avoid greed, which often leads to failure.

This is the reason why you have to play at an online casino that has a good track record and has also been reviewed by many people because in some cases, a player's KYC is rejected because he comes from a country where the gambling site includes that country in their red zone, before making a deposit and playing at an online casino, try to read their TOS as carefully as possible, don't miss the important part, your money will be frozen if you play at the wrong casino.