When a Gambler/Player Dies - page 2.

BTCevo

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Quote from: veleten on January 24, 2018, 08:26:34 AM

since bitcoins are not even considered money or assets in the vast majority of the countries
there is no way in hell the relatives of the diceased could even try and return the coins legally
it is akin trying to prove your relative had coca cola caps stash under one of the trees of your neighbour
you don't know which neighbour or tree and nobody will bother with the caps anyways

I believe now everyone can convert their bitcoin into their own currency therefore it is really valuable to have some bitcoin right now. But in this case, I think as long as you can prove that you are the owner cousin or anything related and it is still reasonable then you still can claim it. You need to discuss this to the owner of the site to withdraw everything. The important thing is their recent address and email that they used

jinksters09

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It depends if there will be any relatives who will know or already know that the gambler has an account or money to his or her account because when we joined this games we did not file or there is no form that we sign for our dependents. The access is through email. If somebody knows it even if is not the gamblers relative they can still used it and claim. As long as you have access to the account you can claimed the money. And since bitcoin money is not yet considered as legal money that can be used to buy goods or any material or services their is no way to find this unless they have access.

Sky5678

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I think greed of money can never end for a person if he always wants more and more, and here is where the person goes wrong. If a person has already become a millionaire there is nothing bad to think of becoming a billionaire but he should keep in mind that he should have a stop on his greed for money at some point. In cryptocurrency you never know whats gonna happen next so its better that you become a lucky millionaire instead of becoming broken only because you thought that the price would rise.

Hhampuz

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Meh.

Quote from: investerS on January 12, 2018, 04:03:23 AM

I have been thinking of a question but have not got a suitable answer, in case a gambler or player who has big money in his account dies, what happens to his money? If the family eventually get to know he has money in that gambling account, how will they claim it if they dont have a password to the account or email? Does the owner of gambling site have a way of handling that or is it a free money for them to claim? Your response please.
I am referring to gambling sites like: bitsler, primedice, freebitco, cryptogames, etc

I can't imagine that they would be kept liable to pay anyone besides the original owner of the account.. And as others have mentioned, how would their family members even find out about this account? If it was me and I told my family about my accound and that I have loads of money on it I would guess they could just log on and withdraw the money, especially if it's BTC gambling. But if it were to happen after years I doubt it..

Bitoshoi88

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Then the house keeps it I'm sure

noormcs5

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Quote from: investerS on January 12, 2018, 04:03:23 AM

I have been thinking of a question but have not got a suitable answer, in case a gambler or player who has big money in his account dies, what happens to his money? If the family eventually get to know he has money in that gambling account, how will they claim it if they dont have a password to the account or email? Does the owner of gambling site have a way of handling that or is it a free money for them to claim? Your response please.
I am referring to gambling sites like: bitsler, primedice, freebitco, cryptogames, etc

Well, even of a gambler dies and has funds in his gambling site, his family still has a chance to recover the funds by giving evidence that the person is no more alive and funds needs to be handed over to the family. (Of course you need a valid proof of person claiming the funds is speaking truth and has valid proof to be his spouse Siblings)

This post made me think of a situation of a deceased person who has funds in his desktop wallet and no one has has access to his private key and password. Well in that case the bitcoins are lost forever.

Coming back to OP question again, if on the other hand no one claims the money, the site will eventually get hold of the funds. Maybe they have a policy of account not being used will be fortified and all funds will be credited to the gambling site.

adaseb

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Quote from: audrey12 on January 24, 2018, 06:45:55 PM

You are referring to gambling site not the bitcoin in an online wallet in this case the owners or developers of particular gambling site might take the fund just in case the account has been idle for a long period let's say a year or two because they can actually access their players account so I don't think the wealth of a deceased person will go to nothing but if their wealth in on the wallet alone that's maybe no chance of retrieval.

This is not true.

Unless you got an online wallet where you actually hold the private key, then within a certain length of time the service can consider the coins are donations if they aren't withdrawn long after they go out of business.

When you deposit into an exchange like Bitfinex, right after they get your deposit its send to cold storage. So they have it in their possession. I haven't read the ToS but I am pretty sure it says that after 1-2-5 years or so, if the coins aren't withdrawn they will assume its a donation.

Only way would be if you used something like Copay wallet where you actually have possession of the account and not the app/service.

audrey12

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You are referring to gambling site not the bitcoin in an online wallet in this case the owners or developers of particular gambling site might take the fund just in case the account has been idle for a long period let's say a year or two because they can actually access their players account so I don't think the wealth of a deceased person will go to nothing but if their wealth in on the wallet alone that's maybe no chance of retrieval.

veleten

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since bitcoins are not even considered money or assets in the vast majority of the countries
there is no way in hell the relatives of the diceased could even try and return the coins legally
it is akin trying to prove your relative had coca cola caps stash under one of the trees of your neighbour
you don't know which neighbour or tree and nobody will bother with the caps anyways

poplolnman

legendary

Activity: 1442

Merit: 1008

Quote from: BTCevo on January 24, 2018, 05:11:57 AM

Quote from: poplolnman on January 23, 2018, 01:13:16 AM

Quote from: amacar2 on January 15, 2018, 08:35:22 AM

If other family members have access to bitcoin wallet of that gambler than they can contact casino and provide enough proofs to prove that he/she is relatives of the gambler who is no more alive. Alternatively they can reset password for that casino as they can easily get access to gamblers email in his mobile/pc.

However haven't heard such case till now and also haven't seen any terms and condition regarding this mentioned in tos of any casino site.

Too much 'if' here I think , the sure thing are the money deposited in the site would automatically belong to the casino whenever on certain period it's didn't get cashed out or until the day the casino shutdown, op might expect to have the same rules as banks manage customer's rights in case the owner Died, it won't happened here, it won't work.

How long is will that be? Because some people do not play on that site not just because he died, sometimes they played too much site and forgot where thay he played at. May be on this case, players died but is there any period of times before they claimed their money will turn to be part of the casino? Each casino must have their own limit to get this

No one know what would happens to the money left in a casino or an unclaimed winning due that kind reasons , as far as I know there's no specific rules mention about this so I assume it would belong to the casino, not sure if it could be claimed some day especially when you gamble at bitcoin casino where it runs anonymously.

Johannson

newbie

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If the money is on his/her banking account, than his/her family will be quite happy about that, because they can access the bank account of their family few months after that. Cool

In my country, for example, the account of a dead person is frozen for 6 months, than his family (either wife or kids) get the access to the funds. I would pay to see their faces at that moment. Grin

BTCevo

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Quote from: poplolnman on January 23, 2018, 01:13:16 AM

Quote from: amacar2 on January 15, 2018, 08:35:22 AM

If other family members have access to bitcoin wallet of that gambler than they can contact casino and provide enough proofs to prove that he/she is relatives of the gambler who is no more alive. Alternatively they can reset password for that casino as they can easily get access to gamblers email in his mobile/pc.

However haven't heard such case till now and also haven't seen any terms and condition regarding this mentioned in tos of any casino site.

Too much 'if' here I think , the sure thing are the money deposited in the site would automatically belong to the casino whenever on certain period it's didn't get cashed out or until the day the casino shutdown, op might expect to have the same rules as banks manage customer's rights in case the owner Died, it won't happened here, it won't work.

How long is will that be? Because some people do not play on that site not just because he died, sometimes they played too much site and forgot where thay he played at. May be on this case, players died but is there any period of times before they claimed their money will turn to be part of the casino? Each casino must have their own limit to get this

dietmarfritz59

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Quote from: investerS on January 12, 2018, 04:03:23 AM

I have been thinking of a question but have not got a suitable answer, in case a gambler or player who has big money in his account dies, what happens to his money? If the family eventually get to know he has money in that gambling account, how will they claim it if they dont have a password to the account or email? Does the owner of gambling site have a way of handling that or is it a free money for them to claim? Your response please.
I am referring to gambling sites like: bitsler, primedice, freebitco, cryptogames, etc

I think the family would be out of luck. That is why you need to tell loved ones who you trust how to access all your crytpo.

Wendigo

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Quote from: Amit nandal on January 23, 2018, 12:31:05 PM

Gambler/player is a small word but no one knows how a gambler/player play...according to me everyone is a gambler because life is also a gamble..
Gambler/player is also a human being which have a family and none of the families are happy after someone gets die..

Your post is fucking lit mate! As the kids say nowadays Grin

Amit nandal

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Gambler/player is a small word but no one knows how a gambler/player play...according to me everyone is a gambler because life is also a gamble..
Gambler/player is also a human being which have a family and none of the families are happy after someone gets die..

poplolnman

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Activity: 1442

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Quote from: amacar2 on January 15, 2018, 08:35:22 AM

If other family members have access to bitcoin wallet of that gambler than they can contact casino and provide enough proofs to prove that he/she is relatives of the gambler who is no more alive. Alternatively they can reset password for that casino as they can easily get access to gamblers email in his mobile/pc.

However haven't heard such case till now and also haven't seen any terms and condition regarding this mentioned in tos of any casino site.

Too much 'if' here I think , the sure thing are the money deposited in the site would automatically belong to the casino whenever on certain period it's didn't get cashed out or until the day the casino shutdown, op might expect to have the same rules as banks manage customer's rights in case the owner Died, it won't happened here, it won't work.

Dreamchaser21

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Quote from: debuni on January 22, 2018, 06:02:00 PM

Without username + pass + 2FA /optional but recommended/ - Simply they can't. They can't prove ownership in any way. The only exception I'm thinking of is signing a message from the deposited address, but then you still need to have pass/priv key.

It's the same when anybody dies and nobody else is knowing his wallet pass or private keys.

So better to tell someone about your holdings cause this might be worthless and you just wasted your time earning what you have right now. This is a decentralized world, its hard to know if the person really dies or someone is trying to get your holdings. If a person dies your account will stay but later on will marked as inactive and the gambling site will take all your money for good.

debuni

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Without username + pass + 2FA /optional but recommended/ - Simply they can't. They can't prove ownership in any way. The only exception I'm thinking of is signing a message from the deposited address, but then you still need to have pass/priv key.

It's the same when anybody dies and nobody else is knowing his wallet pass or private keys.

mrcash02

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Quote from: kryptorian on January 22, 2018, 03:35:53 PM

Quote from: investerS on January 12, 2018, 04:03:23 AM

I have been thinking of a question but have not got a suitable answer, in case a gambler or player who has big money in his account dies, what happens to his money? If the family eventually get to know he has money in that gambling account, how will they claim it if they dont have a password to the account or email? Does the owner of gambling site have a way of handling that or is it a free money for them to claim? Your response please.
I am referring to gambling sites like: bitsler, primedice, freebitco, cryptogames, etc

I don't think you will find a definite answer here, in this thread. I would suggest you to ask the question directly to casinos representatives and owners over here in their respective threads. Personally, I think it would greatly depend on whether you or the family of the deceased can prove they have the private key of the wallet from which the money was transferred to the account. If you can do this, then some casinos may give the money back, especially if you can provide some other proofs linking you to the deceased. But as I said, you'd better ask casino owners themselves.

Much easier if the gambler put his keys, passwords, usernames on a notebook at home and tell who he trusts where it's stored. In case of death, all the informations will be there, saving a lot of time and avoiding a lot of stress in a sad moment like that. It's like any other patrimony, if you don't organize it before dying, it will be complicated for successors to claim it.

kryptorian

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Quote from: investerS on January 12, 2018, 04:03:23 AM

I have been thinking of a question but have not got a suitable answer, in case a gambler or player who has big money in his account dies, what happens to his money? If the family eventually get to know he has money in that gambling account, how will they claim it if they dont have a password to the account or email? Does the owner of gambling site have a way of handling that or is it a free money for them to claim? Your response please.
I am referring to gambling sites like: bitsler, primedice, freebitco, cryptogames, etc

I don't think you will find a definite answer here, in this thread. I would suggest you to ask the question directly to casinos representatives and owners over here in their respective threads. Personally, I think it would greatly depend on whether you or the family of the deceased can prove they have the private key of the wallet from which the money was transferred to the account. If you can do this, then some casinos may give the money back, especially if you can provide some other proofs linking you to the deceased. But as I said, you'd better ask casino owners themselves.

Topic: When a Gambler/Player Dies - page 2. (Read 877 times)