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Topic: How much money do you leave in crypto casino? (Read 664 times)

hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
September 24, 2022, 04:21:59 PM
During the time I gambled a little, I was not afraid to keep my deposit in the casino wallet. This is primarily due to the fact that the casino had a good reputation and my balance was not significant, not to mention the winnings. If I could hit a big jackpot, I would prefer to withdraw all the prize money to a personal address. Not because from that moment on, faith in the reputation of that online casino has drastically shaken, but because crypto can only be called your own if you alone have access to it. In general, the same is true with any money.






In terms of security of fund, we do not count reputation to it. A gambling company can be reputable but doesn't have a good security system to secure your fund. That is why reputation is different from security. The best practice should be to avoid leaving money that you are not using to gamble in the gambling site. Only leave money for gambling in the gambling site. That is exactly what I do and they are spread across few gambling companies.
hero member
Activity: 2590
Merit: 644
During the time I gambled a little, I was not afraid to keep my deposit in the casino wallet. This is primarily due to the fact that the casino had a good reputation and my balance was not significant, not to mention the winnings. If I could hit a big jackpot, I would prefer to withdraw all the prize money to a personal address. Not because from that moment on, faith in the reputation of that online casino has drastically shaken, but because crypto can only be called your own if you alone have access to it. In general, the same is true with any money.
^That is definitely right, even how big or small it is not ideal to leave our money/crypto on any gambling platform because even though how reputable they are, the time comes or it can be easily shaken when the time comes they will ruin their reputation. I rarely leave money in gambling casinos even though below $50 because I know that I don't know when I gamble again. I know there are some gambling casino that will automatically lock or delete your account of you are not active in 3 months.
legendary
Activity: 1792
Merit: 1296
Playbet.io - Crypto Casino and Sportsbook
During the time I gambled a little, I was not afraid to keep my deposit in the casino wallet. This is primarily due to the fact that the casino had a good reputation and my balance was not significant, not to mention the winnings. If I could hit a big jackpot, I would prefer to withdraw all the prize money to a personal address. Not because from that moment on, faith in the reputation of that online casino has drastically shaken, but because crypto can only be called your own if you alone have access to it. In general, the same is true with any money.




donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
I rarely leave more than $200 sitting in any service, trusted casino or not.  I've seen too many hacks and scams over the years to trust funds sitting around anywhere near a hot wallet.  I'm sure with the proper security and using a trusted site, you're probably fine leaving a few hundred dollars so long as you're fine if it's lost.  Hell, maybe billionaires would feel comfortable leaving a few million on a site.  It's really about your personal preference.  For me, a couple hundred bucks is all I'd be willing to lose as a result of my laziness.
hero member
Activity: 1484
Merit: 928
It is on a case-to-case basis and some people leave some amounts in their account so they will come back again after a few hours. Perhaps, it saves time and fees which is also an advantage for this idea but doing this is only advisable if the casino has known for its good reputation. Do, I'm not doing this (leaving some amount) but for me, it was still okay as long as we still have the plan to gamble again even though the money will stay for a many days and this is also a way to assess if the casino can really be trusted or there is something questionable.
I think leaving money in a casino is just a choice, depending on what every individual prefers, if you think leaving money in casino is the best for you, then you can definitely do that and if you think withdrawing all your funds is better you can also do that, depending on what everyone prefers. Like me I prefer withdrawing all my money after gambling and am sure some people will just withdraw their profit and leave their capital their, why some will withdraw their capital and leave their profits their, so I believe it's just a choice.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
I only leave money on casino balance if it’s less than 1000$ or less but this is only applicable on casino that I used for more than a year.

I am not against leaving balances on casinos but I, with all honesty think $1000 is way too much to leave on a casino, no matter how reputable the casino is.
But this is only my thought anyways,  you might have a lot of money which makes $1000 seem like $10 for you, if this is the category you belong to, then please don't mind me.

Quote

What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?
I leave nothing more than $100 on a casino, I am not a regular gambler, but this has nothing to do with how regular or irregular I gamble, if after gambling, and I have a balance more than $100, I simply withdraw to my personal wallet, it doesn't matter how reputable the casino is, I simply don't trust them to keep my funds safe, balance I leave on the casino is an amount I can comfortably afford to loose, and for now, $100 is the amount i can comfortably afford to lose.
hero member
Activity: 1190
Merit: 543
fillippone - Winner contest Pizza 2022
The few times I have gambled on Crypto casinos I have had no problem on leaving my satoshis deposited until the next session, however, since during those occasions I was only gambling a few dollars I got from faucets then there was not much risk in terms of a possible financial blow against me.

If I had deeper pockets, I would definitely trust a casino of excellent reputation some hundreds of dollars, instead withdrawing immediately after the end of a session and knowing in advance I would be back to play very soon.


I don't gamble too well this days and I don't leave money on cryptocurrency gambling platform because there is no much to leave there since I don't gamble often. I do prefer leaving my coins in my wallet and whenever I needed to play we bets I just send the fund needed and do my thing in my own way.
I know some gamblers especially those that gamble too often would always leave there funds on casinos for a long time coming backing to cast there bets without been worried of anything.
hero member
Activity: 2730
Merit: 632
The few times I have gambled on Crypto casinos I have had no problem on leaving my satoshis deposited until the next session, however, since during those occasions I was only gambling a few dollars I got from faucets then there was not much risk in terms of a possible financial blow against me.

If I had deeper pockets, I would definitely trust a casino of excellent reputation some hundreds of dollars, instead withdrawing immediately after the end of a session and knowing in advance I would be back to play very soon.


Whenever i do win big then i do consider on withdrawing it all and would just simply deposit back whenever i do decided to play once again but just like the rest of people been saying here that most of the time

...

Overall it wont really be that wise on leaving money on any platform if you arent using it because we wont know if a certain platform would really be hacked or ran away the funds.
So its never been recommendable on doing so, its just common sense.

If I won big I would try to withdraw it all as well. It is funny now I think about it, whenever I see someone around here having some trouble with a casino it is often because that person had some big wins and decided to withdraw their earnings, but the casino asked for extra KYC, etc. It seems that taking out the money to ones personal wallet is matter of common sense after getting a jackpot.

Also, you are right, in terms of security the best is not to leave funds in any hot wallet/platform/casino if it is not necessary, but I assume some players reach a point where it becomes annoying to withdraw and then deposit every occasion they feel like gambling, specially those who do it in daily basis, so they end up leaving their money under the care of the casino in order to save both time and a little bit of fee money (In case of Bitcoin, Ethereum, etc).
If you are really that active when it comes to gambling activity then it cant really be avoided not to think about saving up the hassle and saving up the fees which you would really be definitely be tending up
to leave those funds for you not to make repetitive actions, which it would be saving up time and saving up fees just like on what you said.Even myself is really guilty about on this action which i do really
consider out on leaving some funds if i do have plans on playing back, this is why there are indeed times which you would really be leaving up your funds on a platform which the thing
you do have in mind that the site you are playing with cant really be hacked tomorrow, so you wont really be that mattering much in regarding that particular situation.
hero member
Activity: 1162
Merit: 719
What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?

I always have at least $100 at the crypto casino. Even when I make a lot of money, I keep at least $100 there. Even if one day I quit gambling, I will leave $100 there. This behavior is routine for me. Because if I see a very good bet, I don't want to miss it because of the time I will lose when making a deposit.

They have very good quality crypto casinos. But I can't leave any more money in centralized crypto casinos. Because I get restless. No matter how reliable central systems are, they can one day be hacked. That's why I don't leave more than $100.
hero member
Activity: 1498
Merit: 547
Be nice!
Based from my experience, the proceeds of my campaign signature was deposited in their gambling website and I usually withdraw them after getting 2-3 weeks of pay. The reason is for saving some BTCs due to transaction costs and for entertainment. If I truly want to support my campaign signature, there is this obligation that you have to at least try their gambling services since I advertised them in this forum.

Generally, however, you should not leave some large amounts of BTCs in a gambling website due to the nature of their security.
I relate to your situation as a participant on a signature campaign who also receives payment through our gambling platform's account. But, I usually withdraw my earnings depending on my financial needs such as trading, investment and even physical things. Also, I don't feel obligated to gamble on the platform especially if it doesn't suits my gambling style. I've joined multiple gambling campaigns where I did not play on the platform but rather explore and research to further advertised them properly. As of now, I've enjoyed playing on Stake and Primedice.
hero member
Activity: 2268
Merit: 789
Since most of the crypto casino nowadays offers free withdrawal fee on most of the cryptocurrency sometimes immediate withdrawal after the game is very convenient now but for players like me that usually play on irregular basis, I really want to leave my balance on the casino so that I can play immediately whenever I like.

I only leave money on casino balance if it’s less than 1000$ or less but this is only applicable on casino that I used for more than a year.

What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?

Based from my experience, the proceeds of my campaign signature was deposited in their gambling website and I usually withdraw them after getting 2-3 weeks of pay. The reason is for saving some BTCs due to transaction costs and for entertainment. If I truly want to support my campaign signature, there is this obligation that you have to at least try their gambling services since I advertised them in this forum.

Generally, however, you should not leave some large amounts of BTCs in a gambling website due to the nature of their security.
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
Since most of the crypto casino nowadays offers free withdrawal fee on most of the cryptocurrency sometimes immediate withdrawal after the game is very convenient now but for players like me that usually play on irregular basis, I really want to leave my balance on the casino so that I can play immediately whenever I like.

I only leave money on casino balance if it’s less than 1000$ or less but this is only applicable on casino that I used for more than a year.

What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?

I dare not leave much amount of coin in my gambling company website. Apart from the risk that it can be locked at anytime no matter how reputable the company it, to myself, I may not have that discipline to keep to my budget when I see my money in my balance. I will always be tempted to play and bet.
What I do is that I push my weekly budget to my favourite casino and play with it for that week, if it tops up, cool I'll withdraw all. But if it doesn't, I know it's a bad week for me and wait for another week.
hero member
Activity: 2002
Merit: 534
What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?

I like to have at least a minimum balance of 100 USD. This threshold still comes from my beginning poker days when I made sure to have 5x 20 USD buyins left. With this minimum I will always deposit new money once I fall under it. So whenever I withdraw money I usually leave 150-200 USD in the account to make sure that I have a buffer for any potential losing streaks. The good thing about gambling with crypto  currencies is that you can deposit and withdraw money very fast and easily. That is why we shouldn't leave too much money at the casino in my opinion. There is always a security risk involved that can be avoided if we send larger winnings back to our wallet. It also depends if we play only at one major casinos or if we multiple casinos we play it. For example, I play poker at 3 different casinos but only one of them I use regularly. That is why I only have a balance at my active casino, and at the other ones I usually only play when there are some promotions and I will deposit new money quickly.
hero member
Activity: 1904
Merit: 541
Perhaps, it was unusual to hear someone, a gambler will leave his/her money in the casino. Just like you, it was not my practice as well to do what OP had and even though that casino is reputable, still I have no feeling about leaving it because I was not sure also if I can play tomorrow or the next day for I was not everyday in gambling, it was only when I have ample of time to focus on.
Maybe it was the fees that gives some concern, well, but it was not big enough and a thing to consider.
Well, anyways, it was also our choice.
It’s not advisable to leave money in casino same with other trading platforms however if we want to lessen the cost we spend for transaction fees some opt not to withdraw or cashout their money in casino even they don’t play everyday. It will depend on how much we trust that casino and probably not put too much we can’t monitor thoroughly. I left some from rewards when there is but if I know I will not play the next day I withdraw it for safety.

You're right dude, but I'm impressed with others who leave a large amount of money in crypto gambling, maybe because of the trust they have in the gambling platform. As for what I do, I don't deposit anything on the gambling platform, I choose the ones that have crypto faucets and then I will grow the ones I get and use them in the game for about a week or more before I can withdraw because I am accumulating what I bet on the game.

And of course, proper self-control is also necessary, and don't get carried away by emotions, that's what's important in the game I'm playing in cryptocurrency gambling.
legendary
Activity: 3066
Merit: 1312
Since I've reduced my gambling activity a lot since last year, so I can only say what I used to do in the past when I was still actively gambling. I used to leave some balance in my account but it was never more than $50. I did gamble a lot but I did not like to leave bigger amount in my account regardless where I was playing. Leaving balance is not really recommended imo, but of course some people has their own reason why they leave some balance in their account. My suggestion, do not leave to much money especially if you do not gamble regularly.
hero member
Activity: 2520
Merit: 783
If I make profit then I’ll make sure to get everything even if I gamble occasionally since I want to enjoy that profit and spend somewhere else. I guess as a small time gambler leaving some funds on the site might still be ok especially if the site is good enough to ensure your security and you can really trust the site. Though it’s too risky if we are talking about huge funds here because if I have that money it’s ok for me to pay for the fees as long as I have my money in my wallet and have the control over it.

i am fine with leaving some funds also from time to time. if you feel you need to bet some lines later on. but if not, not really leaving funds even if the casino is a very reputable one. sometimes unexpected circumstances may arise like you can't access your account for so many reasons, like you lost your phone and you can't use your 2FA, or unforeseen attack to the site. you'll never know what will happen, so better secure your funds and just transfer when you need to play.

But for sure those issue can be fix by providing our KYC details especially if you put a correct information by registering your account. This is the reason why Kyc on know casino is important so that if this issue will occur we can make sure that we can retrieve back our account.

But also if we don't do anything wrong to make our account been freeze then there's nothing to worry about on our balance but to have assurance since there are casino offer zero withdrawal free much better if you take out your money out of the platform since hacking issue is big issue need to consider so to became more safer much better to do this every time your done playing.
hero member
Activity: 2996
Merit: 580
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For the matter of funds, it is not recommended for everyone to 100% trust any gambling platform. Gambling or trading platforms are not safe places to store funds, they are just a medium or a place for us to carry out activities and each of us should know what the risks are.

Having funds there is fine if you gamble every day and it is your way of saving transaction fees, but if it is a very large amount then of course you are not advised to keep it on the platform. Pulling it to a personal wallet is the best advice, it should be considered.
That's true. The same scenario goes for the trading platforms where there are people that are leaving their 100% funds there because they think it's safe. Well, the exchange is safe but you're compromising the control over your funds.

And that's the same goes for the casinos.

I don't mind leaving a few amounts in the casino as long as that amount won't be a regret if ever something wrong happens with them that compromises their security.
legendary
Activity: 2352
Merit: 1121
☢️ alegotardo™️
Since most of the crypto casino nowadays offers free withdrawal fee on most of the cryptocurrency sometimes immediate withdrawal after the game is very convenient now but for players like me that usually play on irregular basis, I really want to leave my balance on the casino so that I can play immediately whenever I like.

I only leave money on casino balance if it’s less than 1000$ or less but this is only applicable on casino that I used for more than a year.

What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?

I don't think I ever left more than $100 in a casino Cheesy. It may not seem like much, but in my country the dollar exchange rate for local currency is 5.2->1 so this is indeed a high value.

Also, my monthly budget is low, and I usually spend everything during the month. If I have a positive balance, the following month I invest less and so I always keep a small balance.

It's not a matter of trust, it's because I keep everything under control.
sr. member
Activity: 1680
Merit: 259
Actually in this case there must be various opinions but I personally always leave half of my money there and never withdraw the whole.
The reason is the same as you do because I realize that I am one of those gambling players who may say I am an addict and I will be at gambling at least twice a week so when there is no money in my balance then it is a hassle to make a deposit so I always leaving some of them to gamble again.
legendary
Activity: 2674
Merit: 1048
If I make profit then I’ll make sure to get everything even if I gamble occasionally since I want to enjoy that profit and spend somewhere else. I guess as a small time gambler leaving some funds on the site might still be ok especially if the site is good enough to ensure your security and you can really trust the site. Though it’s too risky if we are talking about huge funds here because if I have that money it’s ok for me to pay for the fees as long as I have my money in my wallet and have the control over it.
True , sometimes a site has different policy regarding its customer funds.

Especially when you forgot to leave the bitcoin out for years ... some will freeze the money as you left out for too long due its policy but some will let you grab your fund with special conditions.
I had that experience so yeah better to withdraw everything!
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