Post
Topic
Board Scam Accusations
Re: Fortunejack refusing to pay 5 BTC *STAY FAR AWAY*
by
Thekool1s
on 25/02/2020, 13:29:04 UTC
I guess this should serve as a lesson to all gamblers out there that do not gamble with Bookmakers/Casinos who have poor TOS. I'm kinda disappointed TBH how the crypto gambling industry is handling the multi-account situation there are far better ways to detect multi-accounts than merely IPs ( which I have explained here ). UIDs are far better at detecting multi-accounts and have a very low rate of false-positive scenarios. If a solo developer like me could implement a UID verification system and would outright block the registration of a new account if the user's UID matched someone else, preventing the loss of time and money for both me and them, I expect these casinos to go above and beyond.

I do understand this is one of the ways these casinos make money and one could argue all day about reading TOS before you put your money in these casinos but TBH I believe they don't need to rely on these practices. Like if the OP had lost the bets etc the casino would have gladly swallowed the losses but when its time to pay up, they go through all this verification and stuff, TBH its shady behaviour in my opinion and this isn't just limited to FJ, I have seen a couple of other casinos which have similar TOS. What you as a gambler can do is stop gambling at these casinos and demand better TOS. Otherwise, why not just burn your private keys/seed?

Also if this is the industry standard, It looks like the most profitable business to me. Basically, in theory, one could run a casino with similar TOS and when the times come to pay up large sums and your bankroll is kinda running low, You create a fake IP log of sorts and bail yourself out by not paying the amount due and by returning the original deposited amount. No one would be able to argue against you since you will already have established your brand and one-off cases would be dismissed as trolls and shit. I will look around and see how many bookmakers and dice websites have these kinds of TOS and are going unnoticed. Looks like a quite lucrative business to me... hmm.