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Topic: How much money do you leave in crypto casino? - page 3. (Read 643 times)

hero member
Activity: 2856
Merit: 783
Reward: 10M Shen (Approx. 5000 BNB) Bounty
September 23, 2022, 08:11:15 AM
#86
Its never safe to leave your coins even in exchanges or online wallets. So online casinos aren't very different. Its best to deposit as much as you want to bet with and take profits if you wanna spend it. I suggest everyone around me to try at least one cold wallet as you can sleep in relaxed mood if you are playing/trading with huge amount of money. Trusted casinos will try to protect your wallet tho.
That's true and we need to be aware of it so we don't just leave our coins in the casino. Maybe if the number of coins is not too big, it will be fine but if it is over $10-$100, it is too risky and we will never know what will happen to our money in the casino. You are better off depositing as much money as you can afford to lose and if you think you have played enough at the casino and the money is gone, you can leave the casino immediately. If you plan to keep some money in that casino, don't keep too much money because it is risky.

Casino industry nowadays is very risky especially if you are not open on doing KYC because the regulators are slowly requiring the casino to do mandatory KYC even on existing users so if you got lucky that your account was required to KYC while holding balance on the wallet then you will be forced to submit or leave it if you really not comfortable submitting valid ID to verify the account.

There’s already a lot of issue like this in the past and gamblers should be maximizing the free withdrawal offered by the casino to dodge KYC danger in the future.
hero member
Activity: 1652
Merit: 566
Leading Crypto Sports Betting & Casino Platform
September 23, 2022, 08:02:42 AM
#85
In this forum there are many casinos that have a good reputation even if they keep their balances longer it's okay even though there are worries that don't want to happen but on the basis of reputation it is what makes users trust to keep their balances there even once a month withdrawals or longer they always believe because they have played longer in the casino.

My principle is not like that, but gambling games are fun if there is a balance then it must be spent, but if we win it must be withdrawn and I don't need to keep it in the casino if I want it to be safer in my personal wallet which in my opinion is better than the casino, but whatever from the many explanations of course they have their own different reasons.
I like this, that it is principled to spend the remaining balance or withdraw in clear profits. I'm playing with money that I'm dedicated to having fun here, so I have a thought, if I lose then there's no balance left. And if I withdraw, the amount must be at least two or three times the money that became the capital. Moreover, I am happier when I see my money is in my personal wallet.
True, actually it depends on ourselves, we have different strategies and thoughts about this.
hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
September 23, 2022, 07:58:06 AM
#84
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.
sr. member
Activity: 1722
Merit: 309
September 23, 2022, 07:49:12 AM
#83

My principle is not like that, but gambling games are fun if there is a balance then it must be spent, but if we win it must be withdrawn and I don't need to keep it in the casino if I want it to be safer in my personal wallet which in my opinion is better than the casino, but whatever from the many explanations of course they have their own different reasons.
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.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
September 23, 2022, 05:50:28 AM
#82
Its never safe to leave your coins even in exchanges or online wallets. So online casinos aren't very different. Its best to deposit as much as you want to bet with and take profits if you wanna spend it. I suggest everyone around me to try at least one cold wallet as you can sleep in relaxed mood if you are playing/trading with huge amount of money. Trusted casinos will try to protect your wallet tho.
That's true and we need to be aware of it so we don't just leave our coins in the casino. Maybe if the number of coins is not too big, it will be fine but if it is over $10-$100, it is too risky and we will never know what will happen to our money in the casino. You are better off depositing as much money as you can afford to lose and if you think you have played enough at the casino and the money is gone, you can leave the casino immediately. If you plan to keep some money in that casino, don't keep too much money because it is risky.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
September 23, 2022, 04:24:08 AM
#81
In this forum there are many casinos that have a good reputation even if they keep their balances longer it's okay even though there are worries that don't want to happen but on the basis of reputation it is what makes users trust to keep their balances there even once a month withdrawals or longer they always believe because they have played longer in the casino.

My principle is not like that, but gambling games are fun if there is a balance then it must be spent, but if we win it must be withdrawn and I don't need to keep it in the casino if I want it to be safer in my personal wallet which in my opinion is better than the casino, but whatever from the many explanations of course they have their own different reasons.
hero member
Activity: 1554
Merit: 880
Top Crypto Casino
September 23, 2022, 04:20:44 AM
#80
Usually, i still leave a bit enough for my next game when i came to visit the site for me to play to avoid sending/depositing again from my wallet. Although the transaction fee is too small like you wouldn't mind. There's nothing wrong with it as long it's not that huge, and you know the risks.
Besides i only do it on trusted gambling site(s) so i wouldn't mind.
hero member
Activity: 2660
Merit: 551
September 23, 2022, 04:01:21 AM
#79
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?

If your fully trust the casino that you have been gambling with and the reputations also suggest that you can actually trust them, then I think any amount would be fine, as long your not leaving them there for quite a long time.
However, in my case, I have never left a crypto more than $100 in an online casino. I usually have $50 balance just in case I feel enthusiastic to bet on a certain match. But in your case, I assume you have more than $500 as you said you only leave a balance below $1000. Well, that's sometimes scary to think that "what if's" in your mind lol.

Yeah, for me, the biggest that I have left as far as I can remember is around $200++ give or that. So if ever I reached that amount, I usually withdraw some and then left enough so that I can continue to do sports betting or playing some slots.

Reputation is one, but for sure, we just to make sure that we will get our money, specially if we won that big. We wanted to withdraw it immediately, like instantly, same with land base casinos. We go to the cashier and cash it out and it's up to us whether we want to continue or not.
hero member
Activity: 2982
Merit: 597
Leading Crypto Sports Betting & Casino Platform
September 23, 2022, 04:00:30 AM
#78


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 say reputation and trust are everything you can only play in casinos that you can trust if you want peace of mind, so if you are comfortable leaving thousands of dollars, then it's up to you, in my case  I left my tokens in one casino for staking and I trust the casino will continue to exist because they are competitive, but I make sure to withdraw once a month from my staking profit, your balance will only be safe if you're following the rules of the casino and the casino has a good reputation in the community.
hero member
Activity: 1498
Merit: 547
Pugs are the best!
September 23, 2022, 03:13:19 AM
#77
What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?
Any casino reputable or not can get hacked at any time. During such periods if you have a large amount of money on their wallet, you will have to face the mental havoc of not being able to access that money.

Would you rather want to go through that painful process of when things get resolved and when the casino declares that their hot wallets were safe?

For a regular gambler I can understand that they lack the patience and they want to start playing as soon as possible. So there is a possibility that they only keep a smaller amount left on the wallet so they can start playing while having made a deposit already and waiting for it to confirm. Besides with so many bonuses and promotions going on almost every casino has some free coins for you to start off.
That's the thing, for a regular gambler who gambles on a daily basis, it will be more convenient for them not to withdraw the whole amount on their account as they will still deposit it at a later time. I don't really think that most gamblers rely on bonuses for their gambling activities as it's just a fraction of the amount they usually bet on and these bonuses are mostly sent either on a weekly or monthly basis.

In terms of safety, it might be good for seldom gamblers who gamble only once a month or once a week. However, for gamblers who gamble daily, it really doesn't affect them much as just as you've said, website hacking can happen anytime so it can happen while these gamblers are gambling. 
hero member
Activity: 2352
Merit: 594
September 23, 2022, 03:00:04 AM
#76
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 gamble that often so I never leave any amount on gambling websites whenever I play, it also helps me to resist the temptation of going back to that casino next day. I feel like I will just lose more money if I leave some amount since I will have the reason to gamble.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
September 23, 2022, 02:30:16 AM
#75
What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?
Of the several casinos where I played there was only one casino where I left my funds there, the rest were zero balance because I lost or because I made a withdrawal when I felt I had played enough and because I had never made a large deposit at the casino, only tens or hundreds of dollars so if I had to leave the balance there is not too worried and definitely because the reputation of the casino where I play is good.
It's better not to leave funds there, make a deposit and play and the withdrawal has also been completed especially crypto transaction fees are no longer a problem at this time, just in case something bad happens.
hero member
Activity: 2716
Merit: 552
September 23, 2022, 02:18:45 AM
#74
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?

If your fully trust the casino that you have been gambling with and the reputations also suggest that you can actually trust them, then I think any amount would be fine, as long your not leaving them there for quite a long time.
However, in my case, I have never left a crypto more than $100 in an online casino. I usually have $50 balance just in case I feel enthusiastic to bet on a certain match. But in your case, I assume you have more than $500 as you said you only leave a balance below $1000. Well, that's sometimes scary to think that "what if's" in your mind lol.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
September 23, 2022, 01:25:20 AM
#73
What about you guys? Do you leave your balance in your casino balance or you withdraw immediately regardless of the reputation of the casino?
Any casino reputable or not can get hacked at any time. During such periods if you have a large amount of money on their wallet, you will have to face the mental havoc of not being able to access that money.

Would you rather want to go through that painful process of when things get resolved and when the casino declares that their hot wallets were safe?

For a regular gambler I can understand that they lack the patience and they want to start playing as soon as possible. So there is a possibility that they only keep a smaller amount left on the wallet so they can start playing while having made a deposit already and waiting for it to confirm. Besides with so many bonuses and promotions going on almost every casino has some free coins for you to start off.
hero member
Activity: 3024
Merit: 651
September 23, 2022, 01:19:45 AM
#72
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?
Whoa! That's a lot of money you are leaving. I only have $300 worth of cryptocurrency balance in my favorite sports bookie. I won't go higher than that and I mostly withdraw my profits.
I don't like leaving that much, not that I don't trust them but it's just my way of doing things when it comes to money.
Yes, just like you it's for an immediate bet when I see a game that I like, not slots or dice because I stopped playing them, more on sports betting.

hero member
Activity: 1666
Merit: 453
September 23, 2022, 01:19:09 AM
#71
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 just want to ask if it's okay with you Sir, what casino do you use for cryptocurrency? I also think, based on what you said that you leave less than 1000$ balance on the casino platform you play on, right? you are leaving it at no less than 500$ OP?

Because I'm playing at a casino with cryptocurrency, I always only leave the minimum that they allow on the platform, because I sometimes think that if you increase the balance that you left, they will suddenly freeze your account for no reason, of course, we as A gambler can't do anything like that without noticing their clients.
legendary
Activity: 3178
Merit: 1054
September 23, 2022, 01:17:32 AM
#70

well i have invested in casino token which is i receive about $2 a day of the revenue shared. this is kind of money that stayed in the casino staked on their program. like everyone who invested in Betfury i think have some money locked right inside the casino.
it must have sometimes  crossed in the mind of investors that the casino could just pop like a bubble one day and lose all the money they have.
hero member
Activity: 1120
Merit: 887
Livecasino.io
September 23, 2022, 01:02:53 AM
#69
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 have a personal principle of not leaving more than $300 worth of bitcoin in my casino wallet for more than two weeks. This is because of a terrible experience I had a while back with an online casino operator. They just wouldn't allow me to withdraw my winnings. Their customer care representatives offered little assistance either. Additionally, they had to make me wait 4 weeks before I could withdraw.
legendary
Activity: 2436
Merit: 1362
September 23, 2022, 12:25:32 AM
#68
Its never safe to leave your coins even in exchanges or online wallets. So online casinos aren't very different. Its best to deposit as much as you want to bet with and take profits if you wanna spend it. I suggest everyone around me to try at least one cold wallet as you can sleep in relaxed mood if you are playing/trading with huge amount of money. Trusted casinos will try to protect your wallet tho.
legendary
Activity: 2128
Merit: 1884
Verified Bitcoin Hodler
September 22, 2022, 10:50:53 PM
#67
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 leave any balance on the casino as 99% of the times I lose all of the money that I have allocated for playing.In the rare 1% case where I win also withdraw immediately my money as I have the opinion that money stays better in a wallet where I have the private keys rather in some third party wallet where I don't own the private keys despite the casino being one of the most reputable ones or the most reputable one.

I have been burned by CEX.io centralized exchange where they have frozen my funds by their will despite me proving them all evidence that my funds come from mining so I don't leave money or balance in any other place that is a wallet in my full control,I learned the hard way but better late than ever.

I agree. Leaving money on any centralized platform, whether a crypto gambling casino or some exchange will always lead to problems. Not your keys, not your coins.

However I am amazed and sad that something like that happened to you. I wonder why the froze your account despite your evidence? Were they even legally allowed to just do that? If you believe that you have been wronged and want your money back then maybe you should talk to a lawyer or something? I cannot really give you any advice as you are the only one who knows what happened.

Hope you get your money back, though! Centralized services are never to be trusted! Decentralization was invented to fight against those types of dirty tactics...
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