Post
Topic
Board Gambling
Re: Loot.bet - booted after just 3 small bets :)
by
fullhdpixel
on 09/09/2023, 19:44:31 UTC
the answer to all these shenigans, is to bet with smart contract only, it is coming but slowly.
I don't think smart is enough.

Casino just want to restricted or prohibited advantage player, that's why you have a low limit with new account. In-every case advatange player taking some advatange strategy, they will restric you:
- KYC
- Limit Bet
- Other
It's happening on casino games as blackjack, even we all know you still can losing. Even a smart-person still can get a backoff in blackjack table.
If it's enough, centralized casino won't boom like this and I even think smart contract are so risky because there are lots of scam cases about them in the past or even up until now. It's easy for a scammer to create a smart contract and then there is no way to report them because they are decentralized. Casino always want to make sure that they are winning more than the winners so yeah, they can do crazy things like restricting or limiting the gamblers account.

Sometimes they can also rig their games or manipulate the results of it but many of us will think the result are just a normal loss because that is already the usual thing that occurs. KYC is not a way to restrict an account but it can actually increase our limits once we complete them.