Topic: 🐺WOLF.BET - Advanced Dice Game 🎲 Sportsbook 🏟️ Slots 🎰 - page 27. (Read 51884 times)

Lol, you should have seen the early days then, the free faucets were about 1 bitcoin, because they basically didn't worth anything at that point or very little. So, what I gambled with was about 1 bitcoin which was I assume something like 80-100 bucks or something like that at most, and then gambled it all the way up to 2.5 bitcoins, and then lost it. It is not really that much different than what I do today, the "value" of it was very low.

However I didn't see bitcoin reaching these levels that is true, if I kept them today they would have worth insane amount of money, but I have gained over 100 btc total in my life and probably made under 100k total because I sold most of them under 100k, the highest was at 20k but that was like 500 bucks, so once again my total comes under 100k, for 100 bitcoins, that is over 3 million dollars today.

Not having a vision and not seeing bitcoin growing this much kept me from being a wealthy person today unfortunately, but I am still quite happy that it allowed me to live a richer life than most people I know in my age and in my friends group.

@janggernaut I second that 2.5 btc in any year is a huge amount, and like you’ll I too had tried to chase my losses and almost ended up selling my house before I suddenly recovered and limited my gambling venture.

Also any idea if their sports book will have special promotions for premier league, because I’m keen to keep an eye on all promotions as this year teams like West Ham can suddenly challenge the top 4 teams, hence a very exciting year for the gamblers.

2.5 btc is 2.5 btc dude, doesn't matter the price but you still lose a lot for me. I myself have lose too in gambling, but it was much smaller than yours.
1 of way to prevent gambling addict is by limit the amount we can gamble just like you did. Spare $50 , $100, or $200 for each month will limit us to gamble more and lose more if we aren't lucky, and that's maybe she must do with her BF about his gambling addict

I have lost about 2.5 bitcoins this way. Thankfully this was around a time when 2.5 bitcoin was worth maybe 200 bucks or so, it wasn't today and if I know myself very well I would have sold those coins the second bitcoin reached 500 bucks each, probably earlier, so I am not worried about it too much. However I had it, it was still 200 bucks lost, and even today I do not gamble with that much, I set myself a limit of 50 bucks per month and this prevented me losing a lot.

It means I have 50 bucks to gamble all month, I can gamble it all in a single bet and lose it on the first hour of the month and never gamble for a whole month, or I could try to be careful and end up winning a ton of money if I am lucky, or just lose enough that I will have zero on the last day of the month, doesn't matter no matter what I do the max I will spend monthly is 50 bucks. To be more precise it is 50 bucks deposited every month, so if I get lucky and have 400 bucks in second day, then I will keep gambling with it, just not deposit again.

Because Bitcoin is a most favorite and main cryptocurrency for us, in investment, trading and gambling. Altcoins as their names, are only our alternatives, not main choice.

Lightning network can help to resolve it but gambling sites don't accept Lightning network. With the fast growth of Lightning network since the last year, I think gambling sites will add LN as deposit and withdrawal methods soon.

https://txstats.com/dashboard/db/lightning-network?orgId=1&from=now-5y&to=now

Nodes on Bitcoin’s Lightning Network Double in 3 Months

This is exactly what I pointed out several times earlier. Using altcoins as an alternative option does help, but there are many gamblers who depend primarily on BTC for deposits and withdrawals for various reasons.

The high withdrawal fee plus TX fees plus long withdrawal time makes BTC the least favorable payment method on this site currently.

$13 withdrawal fee for BTC still sucks, but it is an improvement for sure. They need to cut corners here and there if they wish to keep up with the competition in my opinion.

I just checked and it is about 13 dollars or so to withdraw right now and the minimum withdraw is about 30 dollars or so. I have to say it is "better" since it is not 20+ dollars to withdraw, but it is still not enough to be fair. I have to say that is not wolf.bet fault though, have you guys checked the transaction fee of bitcoin recently?

We have reached 10 dollars just 10 days ago, yes it doesn't look that high anymore but it was, and Wolf.bet is very late to reply, that is the thing we can argue. It is currently around 3-4 dollars on transaction fee, and I believe charging 13 dollars on something that costs 3-4 dollars is not a good look for wolf.bet, where does that extra money go to? Plus if you could change the withdrawal fee to let's say 5 dollars, then you can change the minimum withdraw to 10 dollars as well.

I just feel like wolf.bet is not acting quick enough, but otherwise they are totally fine with everything else, and when you are a MAJOR crypto casino, it is not easy to change it every day, it is understandable.

The story is true or not, it doesn't change the fact there were or will be people who have same problem like that. It's an example of greediness will kill you in the end. You (us) trying to recover what we lose before in gambling, but unfortunatelly we ended up more lose than before.

I just want to know, did his BF or whoever is that, gamble on Wolfbet?

I still don't buy it! I don't see why this story would be real... all this sounds like it's from some gambling addiction book written by some anti-gambling person! A person who doesn't really gamble spent over 10 ETH in two days?! What kind of crazy gambling session is that?!

And I am definitely not buying: Maybe the goal was to tarnish a casino reputation! Calling it a scam, and talking about how 200 pages on bitcointalk say otherwise...  It's like crypto casinos are scams, and here we support all that with comments! What a joke... there's not a single ANN casino thread here that is clear from negative comments!

By the way, wagering over $10k at Wolf will make you a VIP...
So if this really happened it's not like that everything is lost! Several times I won a nice lossback from that VIP wheel, over 20-25%!

I don't see why this story would be fake considering the fact that the person who posted that post has literally nothing to gain by lying about it. It sounds legit to me and it seems like that person didn't want others to go through that sad experience.

Also, I guess her boyfriend lost the money on Wolf.bet(Even though she didn't implicitly state it) which is why she posted about it here.

Do you really believe in this story?! From all the forums, from all the sections here on this forum, from all those "gambling addictions" threads in the gambling section... this girl decided to write in the Wolf thread... I don't buy this!

But this story reminded me of something... there is an old saying "Mother didn't cry because her son is gambling, she cried because he was trying to return what he lost"!
When people try to return what is lost, they tend to push harder to play more aggressively... and that kind of play can pay off sometimes, but not so often as most of us would like, from my own experience! Playing like that is a huge risk for any bankroll!

So... enjoy gambling! Don't play to return what you lost, you will get into deep trouble!

Your BF is addicted with gambling, you as the one who always with him should be control his bad habits or he will ended up more addicted and try to sell anything in house to play again to recover his loss before. Just block any credit cards and don't let him gamble again once he recovered. But why did you posted on wolfbet? Did your BF playing on wolfbet and lose 10ETH?

I understand your opinion. Communication is important in these kind of situations. He should have apologized to you by reflecting on his actions instead of making the situation worse by hurting himself.

I hope he recovers quickly and controls his gambling addiction asap. People who are addicted/obsessed with gambling end up losing money majority of the time irrespective of whether they gambled with FIAT/Crypto.

Tell him that he can always check this forum out if he is looking for advice regarding gambling since many people here are willing to share their knowledge.

Sorry this is kind of a wall of text (also first time actually posting on a forum so bare with me)

Well.

I only recently got into crypto because my longtime boyfriend got pretty into eth recently. It was fine until a week or two ago - the moment he found out you could gamble your coins .. well "hey I turned one coin into 2!" He became completely consumed by it.

He sat there all day and night. I tried to get him to stop.

Kept saying he just needed to get our coins back. He ended up maxing out both of our credit cards. Multiple cards. Well I didn't realize that until I got a call from his mom saying he was in the hospital and Uber kept failing to go through.

That's when I checked the cards that were attached to the Uber account and saw what happened. He kept buying more coins to try to win back what he lost. He lost over 10 coins I think.

I feel like I failed him. I couldn't get him to stop.

It's been a long two days.

I'm happy he's mostly okay.. like I mean it could have been worse. He fractured his ribcage and broke his hand and arm pretty badly. Evidently he rode his bike into a mack truck ...

I don't know. I guess I'm posting here because I looked up crypto casinos a week ago when I tried to get him to stop. Tried to explain they were a scam and he said "there's a 200 page thread on bitcointalk that says otherwise." Figured I'd come here and vent on this massive post

I'm not saying all casinos are scams like taking your money and laughing at you .. But like they have a advantage so they'll always win in the end. I mean I'm not throwing shade at this particular casino - it could have been any. Idk. I'm just said he's sad. Especially this sad. That he tried to hurt himself. He's never gambled before (like this, online I guess I mean) and I didn't really know what to do.

If you have a problem, please ask for help is what I'm saying. Go outside. Sit in the grass. Enjoy the sun.

I didn't realize this got so long. Apologies.

That is the thing about the customer support and a great casino. At the end of the day if a place checks what the customers are saying and then do something about it that is a good casino, hell it is a great casino which is why I think it matters a lot. That is why I think there is a whole lot of things to be learned by wolf.bet team and then we could basically do whatever we like because they are helping us out a lot whenever we need something. Withdrawal fee thingy needed to be fixed, they tried something now and if we like it then we could just end up saying that we didn't like this and tell them to change it to something else.

I personally feel like I haven't tried this enough because I haven't withdrawn yet, but after I withdraw some more money in the future I will end up saying if I like this version or simply straight out cheaper situation.

Many exchanges and casinos apply static withdrawal fees and they don't apply dynamic withdrawal fee. It is convenient bfir them and operations because fee estimators can be broken then give bad, inaccurate estimation.

Inaccuracy can cause longer waiting time, and over or lower paid fees but I agree it can bring benefit for customers. I don't think it will affect or worsen their experience.

Wolf.bet decide to take action and give better experience, give customers more bonus from withdrawal fees. I appreciate their responses to the community voice.

Maybe to fasten up the withdrawal processing and they cannot receive any complain regarding on stuck transaction or anything related to that issues. But I agree with you here paying such huge fees is not good maybe they should  lower down according to recommended transaction fee of the network so that  gamblers will not complain about this when btc transaction fee became more  lesser. Provably existing gamblers will be happy if they follow what 3 gambling site you mention did unto this.

^Probably he meant that the withdrawal fee should be the same on the BTC network because as we see BTC transaction fee these days are very like 1 sat or even 5 sats and that is not $20, it is totally different. I don't know why most of the gambling sites have their own fixed rate withdrawal payment while even others can manage a small transaction fee or even it is free fee like FurtuneJack, Bitcasino, and Sportsbet, it seems they are generous gambling site on this way and I think I agree with you, $20 for the fee is too much, it could be small gamblers will not comeback.

As a marketing move I do not think that casinos should be giving stuff for free in that regard. Sure do a big promotion or bonus or competition and what not, because those do get attention, look at bitcointalk even here there are places with 100k+ rewards, and that is good but to say that you will not get withdrawal fee then you end up with both paying a ton of money to keep withdrawal fee cheap or free and then still not doing that much marketing, which is not what a casino needs.

I believe it is fine to have bitcoin withdrawals paid, but make it dynamic and then we could talk about the situation of what you can charge, if the mempool is filled then it will be higher, if it is empty it will be lower and it will change constantly. No matter what they end up doing, paying more than most other places is not acceptable and paying zero would be not ideal for casino, so they need to lower it to a competitive level that's it.

What you are saying makes sense, but that isn't an excuse to charge $20 as the withdrawal fees for BTC. Just look at the competition. Sites like Stake, Primedice etc charge $7 while sites like Bitcasino don't charge any withdrawal fees for BTC.

How do you think they are surviving in the market? This is why Wolf.bet needs to drop the BTC withdrawal fees asap in my opinion.