As a crypto user i use stop limit option when i trade on exchanges. As an example if i set an stop limit for my trades but it doesn't work properly than obviously exchange have to bear my losses. As a platform user we are not controlling your admin panel or website backend and its your responsibility to keep everything perfect. So in my opinion first word "misclick" mentioned by yahoo62278 was not his fault. Anyone can put any amount value and submit their bet but accepting that bet is totally platforms owners fault.
Really?
Polo has screwed me many times lagging closing a margin position when volume hits the fan.. You mean if that didn't sell/buy immediately when I hit the button as usual I should get my
BTC back?
As a matter of fact, I think I have been banned from the polo trollbox more than once for merely complaining about these issues..
I have always chalked this up as "That what you get for trading an exchange"..
It happens on many popular exchanges.. I think I recall news stories about everyone bitching about exchanges crashing during the big dump from $20K, and their sells not going through, stoplosses not popping..
I'm pretty sure they all got what they got and that was the end of it..
If you are setting up a limit order on an exchange and screw up in the boxes, miss a decimal anywhere, your bankroll could be by by..
I recall a few sensational obvious misclicks, we could all see low liquidity shitcoins sent to the moon by an order of magnitude on the charts, and I have never seen a misclick trade get rolled back by a legitimate exchange..
What are they going to do? Take back someone else's legitimate order fill because you screwed up?
This is difficult because many say it should not be possible to place a ridiculous order, one obviously insane like betting more than you can win, but their is nothing stopping you on an exchange from slapping the books 1 or 2 orders of magnitude higher than you intended because you filled the price boxes out wrong..
Better look twice, like sending a TX..
I don't know much about casinos but I have made my fair share of misclicks on exchanges (filling out the sell side rather than buy side for example), and have ate them all.. If I could have all them misclick losses back, it would be nice..
I think if a casino has a
clear disclaimer that "You can bet more than you can win!!", they are
not necessarily a scam for allowing you to be an idiot...
Just as on an exchange, all you are doing is taking advantage of the greater idiot..
If I put up a "casino" with the odds of "Bet 1BTC and 1/100 chance you are returned 2BTC", am I a scammer, or are players just idiots?
If I put up a "casino" and say "Bet whatever you want but you can only win 2000", am I a scammer for allowing you to bet like an idiot?
On the exchange market you just thank the lesser idiots for their money..
I do not have a clear opinion on this case because I am not sure to what degree the casino culture etiquette unusually enforces protecting idiots from casinos that allow them to make ridiculous bets, but exchanges I am used to will surely let you make ridiculous trades, misclick or not..
Should a casino not allow you to make an absolutely stupid bet?
Like betting against Trump 2020 for example? (Ha Ha I Joke)