TrustDice.win:💰Bitcoin Casino + Free Spins + Bitcoin blog - page 2.

memehunter

member

Activity: 154

Merit: 47

Quote from: AbuBhakar on July 27, 2024, 08:49:54 AM

I don’t understand either the logic behind this because x5 is surely a trap for those who don’t read the ToS while they deposit huge amount knowing that the wagering requirements is just x1 which is the standard figure for most casino.

In my opinion also it is surely a trap.
Those who are arguing that you can just make a relatively lesser first deposit and risk it to bypass 5x wager requirement please note that they require a minimum first deposit of at least 0.0005 BTC along with 5x wager requirement.

AbuBhakar

hero member

Activity: 1120

Merit: 554

🇵🇭

Quote from: shield132 on July 27, 2024, 01:48:20 AM

That's not true, the wagering requirement doesn't decrease the chance of money laundering but it increases the chance of users losing their deposit and it benefits to casino. Imagine that I am a gambling addict, deposited 1 Bitcoin, lost 0.2 Bitcoin and now I want to withdraw because I'm afraid to not lose more but then there is a wagering requirement that forces me to continue gambling in order to withdraw and that's definitely increasing my gambling addiction issues.

It works both ways but it’s really designed for AML policy since casino can be use as mixer if they will not imposed this wagering requirements. If you are genuine gambler, you will surely wager all your bankroll since you are depositing to play not to withdraw/deposit immediately.

Quote

To be fair, I don't understand why Trustdice requires 5x wagering for first-time depositors, that doesn't make sense to me.

I don’t understand either the logic behind this because x5 is surely a trap for those who don’t read the ToS while they deposit huge amount knowing that the wagering requirements is just x1 which is the standard figure for most casino.

tranthidung

legendary

Activity: 2310

Merit: 4085

Farewell o_e_l_e_o

Quote from: shield132 on July 27, 2024, 01:48:20 AM

That's not true, the wagering requirement doesn't decrease the chance of money laundering

It is helpful to prevent money laundering with small amounts, you're missing a point, but I agree that people who launder money with big value, this wagering requirement won't help to prevent it. There are other ways to do money laundering and people who want to do this, don't need to take risk by doing it on a gambling site and face with risk of losing money by wagering.

Quote

but it increases the chance of users losing their deposit and it benefits to casino.

Wagering requirement is like KYC, can be helpful or not helpful against money laundering, it depends on different users but both exchanges and gambling sites get benefit from KYC policy and wagering requirement, it's undeniable.

shield132

hero member

Activity: 2352

Merit: 905

Metawin.com - Truly the best casino ever

Quote from: shasan on July 07, 2024, 01:12:37 PM

On gambling sites there must be a requirement for a wager if there is no wager requirement then it might be considered as mixer and it will increase money laundering and other unethical events. But the 5x requirement is unfair while there is no bonus received for that 5x requirement. If it was for a bonus then there would be no issue.

That's not true, the wagering requirement doesn't decrease the chance of money laundering but it increases the chance of users losing their deposit and it benefits to casino. Imagine that I am a gambling addict, deposited 1 Bitcoin, lost 0.2 Bitcoin and now I want to withdraw because I'm afraid to not lose more but then there is a wagering requirement that forces me to continue gambling in order to withdraw and that's definitely increasing my gambling addiction issues.

I only support the wagering requirement when there are bonuses because a bonus is free money and it's fair to make free money hardly acquirable but when it comes to the money that I earned and deposited, I shouldn't be forced to wager 2 times or 5 times.

To be fair, I don't understand why Trustdice requires 5x wagering for first-time depositors, that doesn't make sense to me.

Beparanf

hero member

Activity: 2926

Merit: 795

Quote from: Potato Chips on July 26, 2024, 05:38:24 PM

BTW, trustdice, we were wondering if you can chime in on this thread to clear out assumptions/theories? see: https://bitcointalksearch.org/topic/trustdicewin-offering-unrealistic-returns-on-staking-their-token-txt-5504008

It was about the alleged 2% daily which some members have post concerns about as well. I personally don't think it's 2% daily though maybe the calculator need some tweaking? 🤔

The calculator on the Stake page of Trustdice seems like assuming the maximum potential rewards to attract stakers. But realistically speaking, the rewards is based on the dice game profit which is 50% that will distribute 1% of it daily on the specify currency that mention on the page.

So the profit highly depends on the amount of TXT staked on the pool that will share on the daily rewards distribution. This is the the typical DeFi mechanism on distributing rewards. I hope trustdice will use real rewards computation since it’s possible because they can track dice profit real time.

Potato Chips

hero member

Activity: 2786

Merit: 902

yesssir! 🫡

BTW, trustdice, we were wondering if you can chime in on this thread to clear out assumptions/theories? see: https://bitcointalksearch.org/topic/trustdicewin-offering-unrealistic-returns-on-staking-their-token-txt-5504008

It was about the alleged 2% daily which some members have post concerns about as well. I personally don't think it's 2% daily though maybe the calculator need some tweaking? 🤔

Su-asa

sr. member

Activity: 434

Merit: 265

Sibi Dabo,,,,,,, Teme Ini Na Sime

Quote from: panjul07 on July 03, 2024, 08:03:30 AM

Quote from: Nrcewker on July 02, 2024, 09:52:33 PM

Quote from: GreatArkansas on June 14, 2024, 12:56:54 AM

This is my first time to encounter this in a gambling platform where you need to wager 5x from the deposit amount before you can withdraw.

Is there any way to make my wager 5x faster without risking too much? Right now I am playing dice with a small amount of bet via auto.

These types of terms and conditions still exist? I know this is done to prevent money laundering, but I hardly doubt that these types of terms and conditions are present in other competitive gambling sites or not. I really feel sad for the player that, without reading about this T&C, he deposited his hard-earned money in the casino. The easiest way to wager 5x times the money will be by betting 5 bets at 98% chance and 1.01x return. Though there is risk, it’s the best option to fulfill the wagering condition. Moreover, thanks for bringing out this issue in front of the whole community. Now a gambler will think multiple times before depositing a large amount in this casino.

Wagering requirement on deposit before withdrawal is actually standard rule and I'm sure most casino implement similar rule.
The difference is about the number, most other casinos implement 1-2x wagering requirement on every deposit but trustdice 5x for 1st deposit only.
Your opinion is the best possible thing to do to complete the wagering requirement and maybe it is the most used strategy when it comes to such rule.
Since the rule at Trustdice is applied for 1st deposit only, the best option for gamblers who want to deposit big amount then better to make small deposit for the 1st time then gamblers can do bigger deposit later.

Some years before I joined the forum I used a bet site which I have forgotten the name. On that site a gambler can't make a withdrawal unless he stakes with the money he deposits and I see that as normal thing because it's a business. IMO, what the need of making the deposit when you know you won't gamble? If trustdice has such rules it's normal to me as long as they are not running away with gamblers money.

panjul07

legendary

Activity: 3500

Merit: 1354

Quote from: shasan on July 07, 2024, 01:12:37 PM

Quote from: panjul07 on July 03, 2024, 08:03:30 AM

-snip-

On gambling sites there must be a requirement for a wager if there is no wager requirement then it might be considered as mixer and it will increase money laundering and other unethical events. But the 5x requirement is unfair while there is no bonus received for that 5x requirement. If it was for a bonus then there would be no issue.

I cant say 5x wagering requirement for deposit without bonus is unfair, I'd prefer to say it is not friendly rule for gamblers.
Since the term is clearly written in their ToS page, players basically agreed with the terms (although they did not read it) so it will be unfair if this rule is not written or informed to players before their first deposit.
What I'm wondering is about the deposits after the 1st deposit, is it 100% free of wagering requirement or there will be still wagering requirement (maybe 1-2x)?

shasan

copper member

Activity: 2380

Merit: 1302

Playbet.io - Crypto Casino and Sportsbook

Quote from: panjul07 on July 03, 2024, 08:03:30 AM

Wagering requirement on deposit before withdrawal is actually standard rule and I'm sure most casino implement similar rule.
The difference is about the number, most other casinos implement 1-2x wagering requirement on every deposit but trustdice 5x for 1st deposit only.
Your opinion is the best possible thing to do to complete the wagering requirement and maybe it is the most used strategy when it comes to such rule.
Since the rule at Trustdice is applied for 1st deposit only, the best option for gamblers who want to deposit big amount then better to make small deposit for the 1st time then gamblers can do bigger deposit later.

On gambling sites there must be a requirement for a wager if there is no wager requirement then it might be considered as mixer and it will increase money laundering and other unethical events. But the 5x requirement is unfair while there is no bonus received for that 5x requirement. If it was for a bonus then there would be no issue.

panjul07

legendary

Activity: 3500

Merit: 1354

Quote from: Nrcewker on July 02, 2024, 09:52:33 PM

Quote from: GreatArkansas on June 14, 2024, 12:56:54 AM

This is my first time to encounter this in a gambling platform where you need to wager 5x from the deposit amount before you can withdraw.

Is there any way to make my wager 5x faster without risking too much? Right now I am playing dice with a small amount of bet via auto.

These types of terms and conditions still exist? I know this is done to prevent money laundering, but I hardly doubt that these types of terms and conditions are present in other competitive gambling sites or not. I really feel sad for the player that, without reading about this T&C, he deposited his hard-earned money in the casino. The easiest way to wager 5x times the money will be by betting 5 bets at 98% chance and 1.01x return. Though there is risk, it’s the best option to fulfill the wagering condition. Moreover, thanks for bringing out this issue in front of the whole community. Now a gambler will think multiple times before depositing a large amount in this casino.

Wagering requirement on deposit before withdrawal is actually standard rule and I'm sure most casino implement similar rule.
The difference is about the number, most other casinos implement 1-2x wagering requirement on every deposit but trustdice 5x for 1st deposit only.
Your opinion is the best possible thing to do to complete the wagering requirement and maybe it is the most used strategy when it comes to such rule.
Since the rule at Trustdice is applied for 1st deposit only, the best option for gamblers who want to deposit big amount then better to make small deposit for the 1st time then gamblers can do bigger deposit later.

Nrcewker

copper member

Activity: 2268

Merit: 539

LuckyDiamond.io - FLAT 50% Deposit Bonus!

Quote from: GreatArkansas on June 14, 2024, 12:56:54 AM

This is my first time to encounter this in a gambling platform where you need to wager 5x from the deposit amount before you can withdraw.

Is there any way to make my wager 5x faster without risking too much? Right now I am playing dice with a small amount of bet via auto.

These types of terms and conditions still exist? I know this is done to prevent money laundering, but I hardly doubt that these types of terms and conditions are present in other competitive gambling sites or not. I really feel sad for the player that, without reading about this T&C, he deposited his hard-earned money in the casino. The easiest way to wager 5x times the money will be by betting 5 bets at 98% chance and 1.01x return. Though there is risk, it’s the best option to fulfill the wagering condition. Moreover, thanks for bringing out this issue in front of the whole community. Now a gambler will think multiple times before depositing a large amount in this casino.

Bitinity

legendary

Activity: 3066

Merit: 1312

Quote from: naira on July 02, 2024, 08:20:51 PM

The deposit requirement is $15 (in any form of crypto available not just Mbtc, you can still use Trx which is cheaper) and you only need to spend $1 for any spin before withdrawing all your winnings. I'm used to Trustdice and indeed for those just starting out it will be a bit surprising but in fact it's not that difficult. For example, at that time I wanted to withdraw $180 but because I needed to make a deposit to fulfill the bet with a minimum deposit of $15 but you only need to throw $1 in any game, you can immediately withdraw the entire balance you have. Spend $1 in as little as 10 seconds.

Your explanation and example is not what is mentioned on the terms (5x wagering for the 1st deposit). How can you say you need to throw away $1 only if the first deposit is $15 while mathematically you need to wager 5*15= $75 in order to be able to withdraw? It means that even if he bet all his first deposit in a single bet and win, it is still not enough to withdraw because of the 5x wagering requirement. I'm not pretty sure but I think you are talking about non first deposit so you can withdraw your money immediatelly after placing $1 bet only.

naira

hero member

Activity: 1974

Merit: 586

Free Crypto Faucet in Trustdice

Quote from: GreatArkansas on June 14, 2024, 12:56:54 AM

This is my first time to encounter this in a gambling platform where you need to wager 5x from the deposit amount before you can withdraw.
At first, I tried trustdice betting on NBA games but I want to withdraw it and I can't now. I know this is on the terms before signing up but I didn't see it.

Is there any way to make my wager 5x faster without risking too much? Right now I am playing dice with a small amount of bet via auto.

The deposit requirement is $15 (in any form of crypto available not just Mbtc, you can still use Trx which is cheaper) and you only need to spend $1 for any spin before withdrawing all your winnings. I'm used to Trustdice and indeed for those just starting out it will be a bit surprising but in fact it's not that difficult. For example, at that time I wanted to withdraw $180 but because I needed to make a deposit to fulfill the bet with a minimum deposit of $15 but you only need to throw $1 in any game, you can immediately withdraw the entire balance you have. Spend $1 in as little as 10 seconds.

Believe me, every casino applies the rules based on its policy. So far withdrawals have been smooth and we at Trustdice still provide superior features namely BTC, USDT etc faucets (every 6 hours) which crypto casinos rarely do nowadays.

Coinbox1

copper member

Activity: 517

Merit: 92

TrustDice Official Rep

Quote from: GreatArkansas on June 17, 2024, 06:52:36 PM

Quote from: shasan on June 15, 2024, 04:13:31 PM

Quote from: GreatArkansas on June 14, 2024, 12:56:54 AM

https://i.postimg.cc/NfzKSyb1/image.png

This is my first time to encounter this in a gambling platform where you need to wager 5x from the deposit amount before you can withdraw.
At first, I tried trustdice betting on NBA games but I want to withdraw it and I can't now. I know this is on the terms before signing up but I didn't see it.

Is there any way to make my wager 5x faster without risking too much? Right now I am playing dice with a small amount of bet via auto.

It happened to me the same. I have deposited to play on cricket but I never found any live game on cricket on the site. I had tried several times on support but they gave a link which is available only on upcoming later came to know we can play bet before starting a game and are able to odds only on winning. It made me frustrated.

So, what's your plan to be able to withdraw your funds out of Trustdice, like reaching the 5x wager from your deposit? Please share how to achieve it just in case you have some workaround or anyone can suggest the best thing to do?

To fulfill the 5x wager requirement of your 1st deposit, playing on the Dice game with the highest Win Chance should be one of the easiest ways.

Best,
TrustDice Team

Coinbox1

copper member

Activity: 517

Merit: 92

TrustDice Official Rep

Quote from: shasan on June 17, 2024, 05:16:08 AM

Quote from: Coinbox1 on June 14, 2024, 07:44:09 AM

Quote from: shasan on June 08, 2024, 01:42:45 PM

Today I created an account on trustdice but I am trying to access the match of Australia vs England (T20 World Cup) match. But it is a matter of sorry that I can not access the match. Even I can not see any live cricket match on Trustdice. Is there anyone who can get access or this is happening to everyone?

Sorry for the late reply.
Whenever you face some issues, please get in touch with our on-site chat support. They are available 24x7.

Cheers,
TrustDice Team

Thank you very much for the reply. I had tried to contact several times they sent me links of cricket but the link always redirect to upcoming. There is no option to bet on live cricket. Also from my first chat I have no response after waiting several hours then I make withdrawal request but failed for 5x requirement and after trying heart and soul I fulfilled the requirement and withdraw my fund.

Hi shasan,

While I have no access to the game you specifically refer to, my suspicion is that the live betting market of that game has been removed by our odds provider, hence no odds available as live and therefore the redirection. Sportsbooks' market availability changes all the time, and it varies from platform to platform. It is caused by multiple factors but primarily the decision of the odds provider. If you can't find it on TrustDice, we do recommend you to check some other platforms, maybe it is still available on some other odds provider and sportsbooks.

TrustDice Team

GreatArkansas

legendary

Activity: 2338

Merit: 1354

Quote from: shasan on June 15, 2024, 04:13:31 PM

Quote from: GreatArkansas on June 14, 2024, 12:56:54 AM

https://i.postimg.cc/NfzKSyb1/image.png

This is my first time to encounter this in a gambling platform where you need to wager 5x from the deposit amount before you can withdraw.
At first, I tried trustdice betting on NBA games but I want to withdraw it and I can't now. I know this is on the terms before signing up but I didn't see it.

Is there any way to make my wager 5x faster without risking too much? Right now I am playing dice with a small amount of bet via auto.

It happened to me the same. I have deposited to play on cricket but I never found any live game on cricket on the site. I had tried several times on support but they gave a link which is available only on upcoming later came to know we can play bet before starting a game and are able to odds only on winning. It made me frustrated.

So, what's your plan to be able to withdraw your funds out of Trustdice, like reaching the 5x wager from your deposit? Please share how to achieve it just in case you have some workaround or anyone can suggest the best thing to do?

shasan

copper member

Activity: 2380

Merit: 1302

Playbet.io - Crypto Casino and Sportsbook

Quote from: Coinbox1 on June 14, 2024, 07:44:09 AM

Quote from: shasan on June 08, 2024, 01:42:45 PM

Today I created an account on trustdice but I am trying to access the match of Australia vs England (T20 World Cup) match. But it is a matter of sorry that I can not access the match. Even I can not see any live cricket match on Trustdice. Is there anyone who can get access or this is happening to everyone?

Sorry for the late reply.
Whenever you face some issues, please get in touch with our on-site chat support. They are available 24x7.

Cheers,
TrustDice Team

Thank you very much for the reply. I had tried to contact several times they sent me links of cricket but the link always redirect to upcoming. There is no option to bet on live cricket. Also from my first chat I have no response after waiting several hours then I make withdrawal request but failed for 5x requirement and after trying heart and soul I fulfilled the requirement and withdraw my fund.

Coinbox1

copper member

Activity: 517

Merit: 92

TrustDice Official Rep

Quote from: Coin_trader on June 16, 2024, 04:57:32 AM

Quote from: panjul07 on June 15, 2024, 02:25:20 PM

So the 5x wagering for the 1st deposit is also applied to sports as well?
I do think you to re-think about this terms, make it standard like what is used by other casino (1-2x) would be better IMO.
Anyway your explanation is a bit different from what is answered by your support agent since your support agent did not mention "first deposit".
The answer from the support can be interpreted as that every deposit must be wagered 5x in order to request withdrawal.

Probably because it’s his first deposit that’s why the support doesn’t emphasize the first deposit part since there will be no wagering on the next deposit.

As long as the ToS indicates that x5 wagering only applies on first deposit and they are following it firmly then there’s nothing wrong with the support reply. But it’s really hassle free and to avoid confusion to emphasized it since this x5 wagering requirements is always the issue of this casino ever since they introduced here in the forum.

@Trustdice, I want to clarify things with this x5 wagering requirements on deposit. What if I only deposit a minimum amount at first to complete this x5 wagering then deposit big on the second, does it mean that my second deposit is already free of wager to withdraw?

That's right, your second deposit will be free of WR to withdraw

Best,
TrustDice Team

Coin_trader

copper member

Activity: 2800

Merit: 1179

Leading Crypto Sports Betting & Casino Platform

Quote from: panjul07 on June 15, 2024, 02:25:20 PM

So the 5x wagering for the 1st deposit is also applied to sports as well?
I do think you to re-think about this terms, make it standard like what is used by other casino (1-2x) would be better IMO.
Anyway your explanation is a bit different from what is answered by your support agent since your support agent did not mention "first deposit".
The answer from the support can be interpreted as that every deposit must be wagered 5x in order to request withdrawal.

Probably because it’s his first deposit that’s why the support doesn’t emphasize the first deposit part since there will be no wagering on the next deposit.

As long as the ToS indicates that x5 wagering only applies on first deposit and they are following it firmly then there’s nothing wrong with the support reply. But it’s really hassle free and to avoid confusion to emphasized it since this x5 wagering requirements is always the issue of this casino ever since they introduced here in the forum.

@Trustdice, I want to clarify things with this x5 wagering requirements on deposit. What if I only deposit a minimum amount at first to complete this x5 wagering then deposit big on the second, does it mean that my second deposit is already free of wager to withdraw?

shasan

copper member

Activity: 2380

Merit: 1302

Playbet.io - Crypto Casino and Sportsbook

Quote from: GreatArkansas on June 14, 2024, 12:56:54 AM

This is my first time to encounter this in a gambling platform where you need to wager 5x from the deposit amount before you can withdraw.
At first, I tried trustdice betting on NBA games but I want to withdraw it and I can't now. I know this is on the terms before signing up but I didn't see it.

Is there any way to make my wager 5x faster without risking too much? Right now I am playing dice with a small amount of bet via auto.

It happened to me the same. I have deposited to play on cricket but I never found any live game on cricket on the site. I had tried several times on support but they gave a link which is available only on upcoming later came to know we can play bet before starting a game and are able to odds only on winning. It made me frustrated.

Topic: TrustDice.win:💰Bitcoin Casino + Free Spins + Bitcoin blog - page 2. (Read 15216 times)