Post
Topic
Board Gambling
Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live!
by
jackg
on 09/01/2019, 00:14:08 UTC
@thequin, you focussed too much on the unlicensed part and not on the casino bit. All casinos are designed to steal money. If you win a lot from them, a couple of guys come along to literally throw you out of there (even if it’s an honest win, sometimes you get your money - you get to stay if you lose more than you win though). All the licensing part of a casino means is that a certain percentage of your winnings go to the government.

I took the unlicensed part to be what you meant because I thought you were too intelligent to say "All casinos are designed to steal money.". It just simply is not true. Of course, there are unscrupulous casinos that would do what you say but they are a very small minority. Most casinos are run by people that know that individual outcomes don't matter as the house edge means it evens out over a large enough volume of bets. It is better to have a happy customer that wins big and tells his friends about it than get a reputation for not paying out.

I'd also point out you were promoting ChipMixer when they still had a betting facility.

1. Grin - I'm not supporting bumps anymore.
2. I thought the chipmixer betting system was a good way to get in donation. I used it as a donation in disguise. If I won, I was happy I had extra bitcoins, if I lost I was happy it was going to chip mixer. I thought it was a zero house edge too but I might be wrong.

@bayareacoins, you can also state that he started randomly deactivating his bots (he said it) and made people lose money because of it (self admitted).