Post
Topic
Board Gambling
Re: Running a casino during crypto crash
by
passwordnow
on 20/11/2022, 20:37:34 UTC
Check the casino's tabs and pages and see if they're showing how much they've got in their bankroll. Some casinos and dice sites do this and if you're not satisfied with the current one that doesn't show it to you then leave them. They don't have the obligation to show how much they've got especially the reputable ones because we know how huge they are. I think it's not a matter to me as long as I know where I am gambling and I have an idea about the track record of the casino. Btw, this topic should be on Gambling Discussion.

Passwordnow, no I disagree with you on this especially with the big gambling sites, I think they should do this . Imagine an exchange as big as FTX were just holding most of the users funds and they couldn't even afford 50% of them to withdraw causing a domino effect  . During this time millions of cryptonians withdrew their money from different exchanges causing them to halt or squeeze budgets , what makes a casino with a "Curaçao" licence  any special ?
I understand the worry and we all want to have that sense of transparency from these gambling sites. But in this situation, as someone who worries about it. Just go and gamble on reputable casinos that have been there for years without any huge issues such as what happened to FTX. Whether you gamble small or big, I also get why someone has to look at their financials or stability. You may ask them directly about it and if they answer and are generous to tell how much they've got in their bankroll, that might give you some confidence to stay with them. Also, as a responsible gambler, you don't deposit all that you've got there just as what the depositors of FTX did.