Topic: NAKAMOTO ROULETTE - open and live! - page 6. (Read 2220 times)

Of course, you can try, but I have less than $5 there, so I think the casino will not block it because it does not make sense, but I am not sure that I can save more to test the withdrawal of funds, if something happens and I manage to win more and accumulate at least $20-$50, I will inform you here.

I also received the free sats too but I still have questions to why you want to do away with your casino having a License and to the best of my knowledge, license has to do with your casino undergoing a kyc which is a procedure to know whom the owners are so as to guarantee transparency and credibility in the process of rendering services and other necessities involved but you opted, still yet you do a live online game show while gambling. Although there are some gamblers that are ok with it but not all will find it conducive for them to deal when you do not have any license.

Lastly, your games are just limited for which I believe you are still developing the casino but in the nearest future, I will suggest to also include other games to be playing live while gamblers bet or play to their satisfaction. When you render Services of such nature, you end up getting the needed attraction you have been longing for.

Sorry mate, but I don't understand it? will be able to withdraw or not? Just interested because as we all know that they are a new website and promoting that there are no KYC whatsoever.

I just again try their online roulette to see how provably fair it is, but then again, it's live game and you can see that someone is really putting money here wit the live dealer so perhaps it's real. But just interested about the withdrawal if it is real time and you don't have to wait.

If that's the case, gamblers can also report to this forum so that people on this forum can also see developments and casino behavior like that adding regulations, but as far as I know it's usually cases like that because gamblers play unfairly by abusing bonuses so casinos freeze their accounts, we also can't blame the casino completely, it must be absolutely fair to reveal evidence whether it was the gambler who was harmed or the casino, but it would be better discussed in this forum to discuss accusations.

I don't know about the withdrawal of funds, so I haven't checked it yet, but today I tried to play and even managed to win 18,5k satoshi, but it's not serious to withdraw such amounts. It's bad of course that there is no recording of the game, since I did not expect that there would be a win, then I was not ready to take screenshots, there is only a changed balance.

Yes, you're right, it happens to be common on the part of online casinos that change their rules on the go, but in many gambling platforms it is written in their ToS that they leave the rules to themselves, as for example happened to a user when, after his winnings, his country of residence suddenly appeared in the list of restrictions[1], although it used to be in the allowed ones.

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[1]: https://bitcointalksearch.org/topic/can-i-post-this-5445439

This is the problem for small and not reputable casino, when there's a lucky gambler win big amount, they will freeze the funds and the reason is they're still under investigation about the account. They will ask the gambler to wait until the investigation end and they will trying to accuse the account break their rule. If the account doesn't broke any rule, they can add new rule and no one will know it!

Well, I hope this will help in attracting potential users, although I am not a fan or an avid roulette player, but as soon as I get rid of the main one, I will definitely use this hand to play, I hope I will be lucky.

Why try even with a small amount?
They say they are launching NAKAMOTO ROULETTE which accepts bitcoin as currency and does not require KYC at all to keep customers anonymous and does not need to provide identification.
They also mention that it has instant withdrawals.
So that way they can definitely accept large withdrawals without needing KYC, so if we make large withdrawals they still ask for KYC so we can provide feedback on what they have written in the conditions stated.
Every casino must be able to be responsible for what is their policy and cannot just change everything that has been set at once because it can cause bad feedback and disappointment from customers.

It's better if there are no comparisons of that sort in my opinion. Of course, it's a player's choice if they would like to play on a casino or not based on any criteria that they might not like, but I think new casinos also deserve a chance if they are offering something different than the others, in this case, it's the instant deposits and withdrawals they offer.

In a normal cryptocurrency casino, whether licensed or trusted, you won't be able to withdraw your money without KYC that too within a matter of minutes. If a casino allows their players to do that, I think it's definitely worth a shot, maybe not with a very large amount, but there's nothing wrong in trying them out with a small amount.

Hi, welcome to the forum. I have checked your site. The design is simple and attractive; your site seems simple and user-friendly.
It's good that you have included the commonly asked questions on top. I will try this platform as well and will share my experience.

Yep, it is both a bit of marketing and a free giveaway to users who were already registered - just generating more activity.

The main reason is we did a large mail shot recently and got a few hundred new registrations but only a handful of deposits (and quite a few emails requesting FIAT currency deposit options) -- so we figure most of those users who registered probably don't have a "bitcoin lightning" compatible wallet - so rather than just tell them they need one, we figure if we GIVE them a few sats to play and withdraw, so they can sort out a wallet and see how easy the process is, thereby perhaps activating them as future players. Maybe...

You're very welcome and thanks!

Interestingly, I already receive a second email notification about crediting 5,000 Satoshi to an account that does not require wagering and any requirements, I switched to my account and there really is 5,000 sat on the balance, I just wanted to know if you are conducting some kind of marketing or is it just a free distribution to users nakamotoroulette.com? But thanks anyway.

   

Decentralised: unfortunately this is not possible because the live broadcasts must be collated somewhere at some central point, with which to tie result data and calculate bets/wins for each spin. Decentralised simply does not make technical or feasible sense within a live casino game architecture. It is also possible I am misunderstanding the meaning here ?

Opensource: this would make sense if and when we start offering 'RNG' (random number generated) games - and this is a concept we might consider for the slot games. That is an interested thought...

Autonomous: absolutely - the deposits AND withdrawals are 100% autonomous right now. When you click withdraw you are immediately given a QR code to scan with your bitcoin lightning wallet, and these funds are withdrawn instantly. It takes under 2 seconds (literally) to make a withdrawal. No questions asked, completely autonomous.

What happens if the law ... shuts you down? : this is possible for any casino, including licensed casinos - if you have ever made a complaint as a player to a licensing body you will know that the casino license does not guarantee the player anything at all and often nothing results from complaints made - the license is usually just a way to procuring payment gateways and abiding by anti-money-laundering-laws via enforced KYC. None of this really helps the player.  The best strategy with ANY casino (licensed or not) is to withdraw your winnings/balance at the end of your gaming session, which in many other online casinos is not possible due it it taking days (sometimes longer) to process a manual withdrawal - in our case, withdrawals are instant and can be in your own wallet within literally 2 seconds. In this way the player gets the safety they deserve.

For a long time, casinos have had the condition to play that they meet the kyc requirements and that is something that seems normal to me, which is not normal for a new casino to also require them quite rigidly because that way they will not get any kind of players, new casinos should have a little more flexibility with kyc, or they should be very simple so that there is no problem or the players start to annoy me for that, I am one of those who does not support kyc, yes in duelbits I did and it seemed to me that it did not last long.

when it comes to the KYC that the casino will eventually ask for, it happens a lot. but there are some casinos that are legitimate also don't ask customers to send KYC when withdrawing large funds from the casino. but the problem here is not just KYC but the problem of unlicensed casinos which makes users hesitate to gamble large amounts in those casinos. because on this forum most of the casinos have valid licenses that make customers believe in betting on the casino using large amounts.

comparing the old casinos that have been popular here for a long time with this new casino, it is clear that there is a big difference. but that's not good either.
It's also a good idea for casino owners to consider licensing issues at this casino so that customers also don't hesitate to bet large amounts here.

to be honest, I really like playing roulette, but on the other hand, when I wanted to try this casino, I was a little hesitant. because the problem is not using the license.

For our purposes, Know Your Customer is crucial, and I get that. Where would you be if you didn't have it? Especially annoying when you're attempting to maintain privacy and prevent identity theft. It's interesting to consider the implications of an unlicensed casino. This may not be as shady as it sounds, and it could be the key to making online gaming safer and more transparent than ever before. Maybe this gambling establishment has found the sweet spot between consumer expectations and actual service. Truth be said, I am intrigued until then.

The dangers of unlicensed casinos, however, need to be discussed. They claim to be trustworthy and honest, but can we really bank on that? Where do they keep their clients' money and personal details safe? I'd like some answers to these questions before I put any money on the line at this casino. But I do enjoy trying new things, so I look forward to seeing how this site fares over time.

No regulations, no license, no KYC.... Is your casino decentralized, open source and autonomous? If not, then I would be very hesitant to deposit any money there. Not only does this scream "red flags" all around but even if you were not planning on something shady like stealing your users funds or scamming them out of money, what happens if it turns out that you are operating outside your governments laws? What happens if the law finds you and shuts you down? What happens to the funds?

Sorry, as much as I hate KYC, a casino with a license is more trustworthy to me.