Bit Coin Casinos Review

[cheetahwind]

Editor's note: the casino being discussed here (BitCasino.io) is using pirated NetEnt software and should be avoided like the plague.


I was asked to post an update of when I did receive my funds from my sale of Bit Coins. So here's the story.

Let me first start off saying Bit Coins are not for those are the feint of heart for wanting to move there money around. Mainly because the value of bit coins go up and down frequently. Like I stated in my previous thread, I bought $10.00 worth of Bit Coins. Then it turned into $9.99, then went up to $10.05, then down to $10.01 and back to $10.00. I also bought $5.00 worth of bit coins that had the same similar effect.

How it worked on depositing into the casino was I sent my bit coin purchase to the casino via a unique Bit Coin address they assigned me. Then within a few minutes I got confirmation my bit coin deposit was available. Somehow though during the send my bit coins value had gone up. Leaving me literally a $0.01 worth of bitcoins after making 2 different deposits.

So anywho, I got to play for a bit at a casino called BitCasino.io. They are licensed in Curacao and offer casinos games which you can bid on with Bit Coins.

They offer slots, video poker, video based table games, and even live games such as Blackjack, Baccarat, and Roulette. What interested me the most was being able to play Aristocrat games, even despite me being in the US.

So anywho my first deposit was down the tubes, not terribly fast. It did take me a good solid 20 minutes to loose my $10.00. Yet I was satisfied with my play time. So I made a second deposit of $5.00. This was the one that was a winner. I played a few more games and had a rather nice pay day. I ended up cashing out 0.60 bit coins worth $222.04.

Now because I wanted to play smart, I ended up cashing out only 0.50 bit coins, and leaving the rest in my wallet for play later. Which amounted to $189.04, which after the wallet withdrawal fee of $2.04 I ended up cashing out $187.00.

Now I ended up cashing out with online wallet provider Coinbase, because I had already had them setup with my banking information. As circle the other online wallet I had used. I had not setup with my banking information, mainly because I was only interested in using them for depositing with my bank card.

Anywho I executed the sale on Saturday October 11, 2014. This morning my bank finally confirmed the funds had indeed arrived in full as promised. So it took a little over a week for the sale to happen. Is this a typical sale turn around? I have no idea honestly.

I decided after waiting over a week for Coinbase to execute my withdrawal. I decided that was a bit long especially considering I bank at a national bank and there wasn't any way it should have taken nearly that long to get a deposit put into my account. So my next attempt at a Bit Coin casino will probably result in my trying out Circle for a withdrawal. As I have just given them all of my banking details and will hopefully have that verified within the week.

If anyone has any questions, comments, or concerns feel free to respond. I'm not greatly knowledgeable about this type of currency nor playing atmosphere yet. Yet it feels good knowing the fact that if there was an issue with my transfer that Coinbase was a registered money transmitter and everything was on the up and up with them.

 

[Googobucs]

Thanks for providing all this detail. It's really helpful to understand the process from someone who's "been there done that".
I have done some research since your initial posts and have 2 questions related to the purchase and sale process.

1. Did you purchase your bitcoin through your wallet or through an exchange and have it sent to the wallet.
2. It sounds like the wallet processed the bitcoin back to $$'s for you. Did you have to go to an exchange to sell the bitcoin or did the wallet handle that as well?

so in summary, did the wallet handle all the buying and selling for you or did you have manipulate the exchange on your own.

thanks again.

 

[nisosbar]

Cheetah, what kinds of documents did you need to provide, if any? Was it a standard verification procedure, or perhaps none? Thanks.

 

[cheetahwind]

Thanks for providing all this detail. It's really helpful to understand the process from someone who's "been there done that".
I have done some research since your initial posts and have 2 questions related to the purchase and sale process.

1. Did you purchase your bitcoin through your wallet or through an exchange and have it sent to the wallet.
2. It sounds like the wallet processed the bitcoin back to $$'s for you. Did you have to go to an exchange to sell the bitcoin or did the wallet handle that as well?

so in summary, did the wallet handle all the buying and selling for you or did you have manipulate the exchange on your own.

thanks again.

To answer question #1
I purchase the Bit Coin directly from Circle. Basically I told them a USD amount I wanted to deposit. Then from there they converted the USD amount to the value of Bit coin. The same would go with Coinbase, even though Coinbase can only accept actual credit cards (not debit, prepaid, or gift) or bank accounts for purchasing bit coin.

Answer #2
After I waited for my bit coins to be confirmed from the casino. Which took about 2 hours. I was able to cash out directly from Coinbase, without the need for any additional hoops. So they sold the coin for me, and turned it into cash in my bank account for me.

Cheetah, what kinds of documents did you need to provide, if any? Was it a standard verification procedure, or perhaps none? Thanks.

Basically, you must at least a bare minimums provide them with a bank account (or in circles case just a debit card is fine). Then they'll establish a limit for you based off that. Then you can increase your limits, by doing things such as verifying your cell phone number, registering and answering a few questions about your social security number based off of a credit report, adding a credit card (or in circles case you can add a debit card), offering information about yourself, or even making a purchase helps you become verified. No documents are necessary unless if you fail one of the automated checks.

 

[nisosbar]

Thanks, Cheetah - I meant, with the casino - what documents do they require prior to first time cashing out?

 

[cheetahwind]

Oh sorry, I misunderstood...

The way I understood it, if you cash out more than 1 full bit coin (right now roughly $380.00), you may be asked for some sort of verification. What that would be I have no idea. Even though they also go on to say for smaller amounts they can request verification as well.

So far knock on wood, I haven't had to provide any sort of documents or verification. Yet if the case does arise, I'll let you know what was required of me to send.

 

[SlotMonster]

I'd suggest you to try casino called bitstars, our recent project. They offer bets in bitcoins as well as in real money

 

[cheetahwind]

What software is it, any live play like at the casino I just mentioned?

 

[Googobucs]

I'd suggest you to try casino called bitstars, our recent project. They offer bets in bitcoins as well as in real money

I noticed them in the reviews and saw they used a software I never hear of called Soft Swiss which made me kind of skip past them.

Now that I see your the rep for them, I'll have to go back and give it a second read.

I also saw 1 offering Playtech that requires no documents or any info other than an e-mail address and takes USA.

It looks interesting if you have the patience; which most gambles lack, to work the process.

 

[cheetahwind]

I guess seeing that it's Microgaming software, is it US friendly? Last I knew Microgaming pulled completely out of the US market.

 

[homerbert]

bitcoins is awesome since it is totally anonymous and withdrawals in most cases are instant. No more stupid ewallets or anything like this. Just need some time till great bitcoin casinos appear. I did not like casino you mention, BitCasino.io , get NDB from them and want to try their novomatic games. It appears that this games are just clones(not original) and laggy. No, thanks, i saw this millions time in our russian oriented casinos.
re bitstars (while slotmonster not here). Yes it's softswiss, yes this casino have live games. Also there is new MG games, but afaik USA still should be IP blocked(for MG games)

 

[bowlingbob]

I would be cautious of some of these bitcoin casino software operators. I noticed that some are offering Aristocrat slots such as miss kitty, 50 lions, sun and moon, wild panda etc. I highly doubt that they have approval from Aristocrat to be providing these slots to US players in a real money mode. In fact, its possible the are ripped off versions as I have noticed some with some less than desirable paytables compared to the real version of the game. I noticed on Miss Kitty and Pelican Pete that the paytables are not the same as the standard ones and are giving you less coins for all the payouts than should be. I will say I enjoy the ease of depositing and having the funds in there in a matter of seconds and withdrawls are pretty speedy as well but the software providers running these casinos I do not trust. I tried a few casinos the other day with some spare bitcoins I had in my wallet from a few years ago when I bought several when they were $5-$10 a coin. It took at least a couple days for me to fire up and update the Bitcoin client and get it up to date what a pain that was.

 

[Googobucs]

I'd suggest you to try casino called bitstars, our recent project. They offer bets in bitcoins as well as in real money

I created an account at BitStars and logged in to look around and test it in fun mode. Of course as soon as I actually logged in, all the games I would want to play are suddenly gone or have a lock on them.

Very deceiving IMO if they are showing these on the home page when hitting it from a USA IP address and then blocking them once I log into an account.

Not a good way to start or be a "star".

Edit to add: To be fair, I found the Playtech site to be real garbage as well.

 

[cheetahwind]

I would be cautious of some of these bitcoin casino software operators. I noticed that some are offering Aristocrat slots such as miss kitty, 50 lions, sun and moon, wild panda etc. I highly doubt that they have approval from Aristocrat to be providing these slots to US players in a real money mode. In fact, its possible the are ripped off versions as I have noticed some with some less than desirable paytables compared to the real version of the game. I noticed on Miss Kitty and Pelican Pete that the paytables are not the same as the standard ones and are giving you less coins for all the payouts than should be. I will say I enjoy the ease of depositing and having the funds in there in a matter of seconds and withdrawls are pretty speedy as well but the software providers running these casinos I do not trust. I tried a few casinos the other day with some spare bitcoins I had in my wallet from a few years ago when I bought several when they were $5-$10 a coin. It took at least a couple days for me to fire up and update the Bitcoin client and get it up to date what a pain that was.

I'm not sure exactly where you played your Aristocrat games, yet the pay tables are pretty much the same as what I have seen in a land based casino. From what I have seen, as for the rip off part. The games seem pretty much identical, sound the same, play the same. So they may have licensed the real games, just not told Aristocrat where they were going to be used.
Then again being an Australian based company, they may not care as much as someone like IGT or WMS either.

 

[cheetahwind]

Well a minor update, because there was some accusations thrown around about the games not being possibly the same ones or not being licensed.

I did today get an e-mail update, which I have asked if I can summarize it in public. Which I was given permission to.

Basically in a nut shell, Bit Casino.io does have a license for Aristocrat games through a provider called Keld Games, which is one of the online providers of Aristocrat software. So the games and software are genuine.

As for the pay tables not being the same, they did offer the suggestion if you believe the pay tables are different. They could be using a different RTP setting than the games your used to playing. Which could affect the pay out of the game itself.

Yet upon a review myself, I can't find any differences between the real Pelican Pete and 50 Lions games. Unless if your talking about the difference between online and land based.

Which I have found most online and land based versions tend to be different in my experience. Like some of the WMS games were completely rewritten for the online versions of themselves. So the bonus and the pay lines were a bit different. That could be the case with Aristocrat.

Would you care to maybe point out some of the differences you have seen? Just mainly I don't play these games enough on the land side, because I play WMS more than Aristocrat. So I don't have the how the bonuses play and how the main games play memorized.

 

[Googobucs]

Usa players should take a look at bitcoin i think, probably best option for you.
Sorry about your troubles, but never had anything like this, since i never deposit with my card, only skrill.

To not derail the VISA thread I am continuing this point here:

I have been doing a fair amount of research on bitcoin since Cheetahwind posted his experience last month.

I have e-mailed several casino support folks and asked some questions and read a lot of info on the wallet and exchange sites. I like to think that I am somewhat reasonable intelligent and I find this to be a very complex system to navigate.
The rate changes like the wind and it seems that not all wallets are created equal.

I found a wallet I liked ( Coinbase) and opened an account. Did not buy any bitcoin just learning. Then one casino support tells me I have to use a real Bitcoin exchange Wallet not a shared wallet like coinbase.

The more complicated it gets the less patience or interest I have.

 

[cheetahwind]

lol well, I could be a her, but my wife would tend to be a bit ummm upset

Anywho, most places will see Coinbase as a valid bit coin issuer. The main issue most places have with a place like Coinbase is the fact, that your storing your coins in a cloud based atmosphere. Versus on your phone or somewhere supposedly more protected. Like in the example of Mt. Gox they were a HUGE cloud based wallet bit coin supplier. They hold tons and tons of bit coins, and lots of cash. Then to be hacked and have there coins drained. Caused a huge issue.

That's why there's a huge push for people to download there wallets to there computer, smart phone, ipad, or whatever electronic device you feel won't be easily hacked or compromised. Yet honestly after reading quite a few audit reports from Coinbase. Unlike Mt. Gox I do feel Coinbase is fairly secure. Plus they have a valid money transmitter license. Not saying that amounts to much if money is stolen, but it at least makes me feel more at ease. Knowing there will be someone to complain to when things go sour. If they do.

 

[Googobucs]

lol well, I could be a her, but my wife would tend to be a bit ummm upset

LOL....I caught this and edited it just before you responded.

One casino is recommending blockchain.info but I can't figure out how the heck you actually get real $$$ in and out of it. Looks like your stuck with bitcoin.

 

[cheetahwind]

Blockchain is one of the transmitting providers, one of my wallets uses Blockchain to initiate the request. Just ask for a bit coin address, and send them the money. They'll see it all transmits the same. The only thing Blockchain does is verifies that the Bit Coin is valid.

 

[john39]

just curious, is there any advantage to purchasing bitcoins online vs a bitcoin atm that you can feed cash to? and I assume get cash out

 

[cheetahwind]

I would think it would be a more a matter of the fees. Like both Coinbase and Circle charge you a fee, when you buy and sell Bit Coin. So I suppose it would be a matter of how much cheaper or more expensive the ATM fees would be honestly.
If I ever come across a Bit Coin ATM in my travels. I'll let you know my experience, yet last I knew we didn't have any in my part of the country. Yet I suppose I've never bothered looking considering I find buying them online just be just as convenient.

 

[john39]

I would think it would be a more a matter of the fees. Like both Coinbase and Circle charge you a fee, when you buy and sell Bit Coin. So I suppose it would be a matter of how much cheaper or more expensive the ATM fees would be honestly.
If I ever come across a Bit Coin ATM in my travels. I'll let you know my experience, yet last I knew we didn't have any in my part of the country. Yet I suppose I've never bothered looking considering I find buying them online just be just as convenient.

Thanks for the info, seems like the coinvault atm, follow the market so right now is 373 however those do not seem anoymous because it reads your palm print, I still will see what the fee is when I try this coming weekend

 

[Googobucs]

Thanks for the info, seems like the coinvault atm, follow the market so right now is 373 however those do not seem anoymous because it reads your palm print, I still will see what the fee is when I try this coming weekend

The first thing I noticed when I searched for bitcoin ATMs in my area was the price. There are actually quite a few around here which surprised me and the web site lists the current trading price for each location.
They are way out of line with the current market.
The ATM's are listing at around $400 while coinbase is listing at $366.

I would tread cautiously here. Don't dive in blindly.

 

[Googobucs]

A Bitcoin casino reply

I e-mailed a bunch of questions to BC-Casino. They are a Playtech bitcoin casino.
Below are my questions and their responses for anyone interested. They offer a 20% bonus on every deposit so my first questions are about that.


1. Is the bonus automatically applied to my deposit or do I have to do something to initiate it?
-> The bonus are automatically applied on each deposits with bitcoins


2. Can I opt out of receiving the bonus? If yes how?
-> No you can't


3. What the wager requirements associated with the bonus and what games count for what % of the WR?
-> We have no WR or any prohibited games. The bonus given will be removed at withdrawal time.


4. Are there any game restrictions associated with the bonus? Any games that can’t be played or void the bonus?
-> No, none.


5. Is there any max cash out tied to the bonus?
-> No

Banking questions
1. What is your verification process? What documents need to be submitted and how do they need to be submitted? Do you require notarized documents sent to some place like the Philippines as other Playtech casino’s often require.
-> No, only a valid email address is required to play in our bitcoin only casino.


2. What is the daily, weekly, monthly maximum withdraw limit including progressive jack pots?
-> No limits, any limit is automatically paid out back to your bitcoin wallet. Please note that you need to use a compatible wallet i.e. official bitcoin wallet, multibit, blockchain.info etc. Coinbase or any other shared address wallet is not supported.


3. How frequently do you process withdraw requests? What is the process? Do you process them immediately or do you wait a certain time period like 24 or 48 hours before processing. Do you process every day? Do you process on weekends?
-> Withdrawals are process almost instantly for small gains. Bigger winning are validated manually by our team and are processed within 4 hours of the withdrawal request.

Other
1. Do you offer any live chat or phone support in English?
-> No sorry, only email support is available.

 

[Googobucs]

I went back to BC-Casino with a follow-up question about the wallet process and told them I was going to post there response in a forum for others that may be interested.
I still don't know if I'll try this, but it's some good info if your interested.

They had a good comprehensive response to me:
Question:
I had previously opened a wallet with coinbase. I have not purchased bitcoin yet, I am still investigating. You mention that I should use an official bitcoin wallet like blockchain.info.

I had a look at the blockchain.info web site and everything looks straight forward except I can’t find a way to purchase bitcoin and then send it back to my bank in US funds.
I understand that blockchain is much more secure, so should I use coinbase to purchase the bitcoin and then send it to blockchain for storage and use for gaming. Then send it back from Blockchain to coinbase when I want to convert it back to my bank in US funds?

Is there an easier way to do this? Did I way over complicate the process? I also looked at multibit briefly but this does not look like I place I want to put my money quite honestly.

thanks for any help or guidance you can provide
Response
This is correct. You should use an exchange i.e Coinbase to buy bitcoins for fiat and then send them from there to a wallet that enable you to own the private keys of your address. It is good practice to transfer out funds you do not need for trading to a local wallet or online wallets that let you own the private keys i.e blockchain.info, darkwallet ...


When you finish playing in a casino transfer your funds back to your wallet thus no need for you to trust that the casino will be online tomorrow or disappear with your funds. Transfers in bitcoins are almost free (few cents depending on conversion rates) and almost instant.


Your mentioned process is absolutely correct and also the current best practice. Coinbase -> Blockchain.info/Local Wallet -> Casino -> Blockchian.info/Local Wallet -> Coinbase/Coldstorage.


You can also use smart phones with wallet apps like Mycelium (for Android) to keep your bitcoins secure. When you deposit using smart phones you can simply scan a QR code to make the deposit.


The revolution with bitcoin is that you can be your own bank and stay in full control of your coins (money) without need to trust any third parties. Should coinbase disappear (not very likely) it will let you unaffected. Keep in mind or advise your forum readers that keeping bitcoins on internet connected devices also have risks. You should always use strong passwords for your wallets and use best practice to secure your devices from malware and viruses as well as keep backups of the private keys (wallet).

 

[cheetahwind]

Sounds like an awful amount of work just to use Bit Coins by the way there suggesting. I'm only guessing they just don't like cloud based wallets is all?

I mean you buy the bit coin, then wait 1 to 4 hours to transfer your coins to another wallet. Then transfers those coins to the casino? Seems like an awful alot of waiting and transferring for something that that extra step shouldn't be needed.

Honestly I'm not sure what there beef is with places like Coinbase are, but unless if they really feel that your coin is going to be hacked. I really think the extra step isn't necessary at all.

I haven't used Bit Coin much at all honestly, up until the last 2 months. Experimenting with online casinos, because the only other time I dabbled in Bit Coin was to buy some really, really, really good Anti-Virus software that only took Bit Coin as payment. So far really honestly in the 3 casinos I have played at, they've all taken a direct transfer from Coinbase with asking that I jump thru the extra hoops.

I get as stated in a previous post a major cloud based wallet called Mt Gox was hacked and drained. Mainly because the guy was careless and also didn't have the funds in his bank accounts to back up the coins. Yet places like Coinbase really got on the ball, and hired outsides auditors and security consultants to make sure your coin is safe.

Oh well, just sounds like someone at the casino just doesn't trust cloud wallets is all.

 

[john39]

if you use circle its not bad at all because you can buy bitcoin use it as your wallet and transfer to casino in less than 5 min

Sounds like an awful amount of work just to use Bit Coins by the way there suggesting. I'm only guessing they just don't like cloud based wallets is all?

I mean you buy the bit coin, then wait 1 to 4 hours to transfer your coins to another wallet. Then transfers those coins to the casino? Seems like an awful alot of waiting and transferring for something that that extra step shouldn't be needed.

Honestly I'm not sure what there beef is with places like Coinbase are, but unless if they really feel that your coin is going to be hacked. I really think the extra step isn't necessary at all.

I haven't used Bit Coin much at all honestly, up until the last 2 months. Experimenting with online casinos, because the only other time I dabbled in Bit Coin was to buy some really, really, really good Anti-Virus software that only took Bit Coin as payment. So far really honestly in the 3 casinos I have played at, they've all taken a direct transfer from Coinbase with asking that I jump thru the extra hoops.

I get as stated in a previous post a major cloud based wallet called Mt Gox was hacked and drained. Mainly because the guy was careless and also didn't have the funds in his bank accounts to back up the coins. Yet places like Coinbase really got on the ball, and hired outsides auditors and security consultants to make sure your coin is safe.

Oh well, just sounds like someone at the casino just doesn't trust cloud wallets is all.

 

[cheetahwind]

That's exactly why I like Circle is the instant funding concept.

So BitCasino.io gave me a nice present this afternoon. I got a free entry into there poker tournament. I'll report back here later on tonight on how well the software functioned and all.

Anyone have any luck with Bit Coin ATMs?

 

[cheetahwind]

So I had a rather nice weekend with BitCasino.io.

I first ended up winning of a free tournament entry that I had gotten. Which was worth 0.6 BTC. I ended up playing with that for a bit, and played it down to 0.5 BTC. Then decided to cash out.

That withdrawal was processed into my account within 5 minutes.

Then I played at few other casinos this weekend.

I tried out Sticky Bet, which I didn't end up liking too well. Honestly I sort of thought the casinos selection of games was lacking, plus with no live support it wasn't on the top of my list. Considering I hate waiting on e-mail responses. None the less I did end up making a small deposit. They had a nice wagering requirement monitor. I really ended up liking called Book of Pyramids. Then again it was about the only slot that paid out during this session.

I also tried out Evolution Casino. This casino I couldn't wrap my head around at all. They offered a first deposit match bonus. Which I thought I would have qualified for yet after I made the deposit. My bonus didn't show up? I would have e-mailed, but once again I don't care for e-mail only support. They also have a limited selection of games, so probably another Bit Coin casino I think the long run I'll pass on.

Bit Stars was the only other Bit Coin casino so far I could find that was comparable to BitCasinio.io. They had a nice selection of games, including some titles I had never heard of before. They advertised Microgaming games on the front page on top of the unfamiliar, but imagine that. Once I got logged in and the software figured I was from the US. Microgaming was instantly blocked from me being able to play them.

Yet I did end up playing a fireworks type of slot, that I found rather entertaining and allowed quite a nice bit of play time. I also ended up playing a Sushi Bar game that also had some nice play time. No big wins, but both slots were rather entertaining.

So then I redeposited some money into BitCasino.io. Which then I played Pearls of India game, which has a tumbling reels like feature, with a multiplier that gets higher for each tumble that happens in a spin. At one point I ended up netting a nice 600 mBTC pay day off of that. Then I tried my luck at Enchanted Crystals which was also ready to pay out. I ended up cashing out of here with 1 full bit coin.

Now am just waiting on the required confirmations then I'll try a cash out from Circle to see if there any faster than Coinbase. So I had a rather good weekend experimenting and seeing how some of these Bit Casinos work. I for sure will probably be trying Bit Stars again soon, just to see if I could get that fireworks slot to give me something nice.

 

[cheetahwind]

While I've been on this roll over the last 24 hours, I have 1 more review to add.

So I tried mBit casino out since I'm way ahead now on the whole Bit Coin aspect. I've cashed out so far 3 whole Bit Coins this weekend. So I had some ummm reckless money I wanted to toy with.

So I deposited 50 mBTC into mBit casino. I ended up playing Live Dealer blackjack for a bit. I started out playing 10 mBTC a hand. Then ended up progressing up and down. I ended up leaving out of the Live Dealer blackjack pit with 400 mBTC. Then I decided to head over to try Aztec Treasures a Bet Soft type slot. I played 1.5 mBTC a spin. Which netted me a nice 600 mBTC pay day on spin. Then netted me another 200 mBTC pay day on another spin. Which amounts to amount $275 in cash, off of a $.50 bet.

So after playing a while longer, trying to get up to a full bit coin. I decided to cash out 0.60 mBTC, which was valued at $270.00 at the time.

So like I stated in another post, I am literally on fire today.

Now to be honest mBit casino, pretty much seemed like a complete duplicate of BitCasino.io. Except for the live chat doesn't seem online very often. They pretty much rely on e-mail support. Which they supposedly strive to answer all e-mails in 2 hours or less.

Which I have had one good experience so far with e-mail support, claiming a free chip from them. Then another experience that left a slightly sour taste in my mouth over some confusion over a match bonus. So my honestly feeling about this casino is sort of luke warm. If there live chat was online more often they could rank up there with my loved BitCasino.io.

 

[cheetahwind]

So I can now confirm that I believe I'll be using Circle way more often than Coinbase for my Bit Coin transactions. Mainly because I can instantly purchase a bit coin with my debit card. Then I can withdraw to my bank account, which I did, and to my surprise the money is my account this morning.

I did however try a small amount to my debit card, to which my surprise hasn't come thru yet. I did call my bank and ask on why it's taken a debit card refund longer to process than an ACH. She couldn't tell me why, other than I could file a claim if the refund didn't process to my card by end of day today.

Which surprises me because Circle advertised a 1 to 2 business day turn around. So I figured surely by this morning I would have seen something. On either note, I've already e-mailed Circle looking for advice. I'll advise folks once I get more information on the debit card refund option. Which trust me the amount of the refund is no where near what I have put into Bit Coin so far. It's probably only about a 1/3 of the money I've put into it. So the bank can't pull the you haven't made that much in purchases bit.

 

[Googobucs]

I made my first bitcoin purchase last night with coinbase for $100. It will not hit my account until Monday. Seems like a long time to me. Especially since the funds cleared my bank today.

I'll let you all know how the play and hopeful cash out goes

 

[john39]

I made my first bitcoin purchase last night with coinbase for $100. It will not hit my account until Monday. Seems like a long time to me. Especially since the funds cleared my bank today.

I'll let you all know how the play and hopeful cash out goes

wow that is a long time considering circle is instant

 

[Googobucs]

wow that is a long time considering circle is instant

I think it's because it's my first transaction. It looks like 30 days after your first transaction that you get some instant transactions.
You can add a credit card to your account and increase you instant availability as well, but I'm not sure that I will do that. I prefer to wade slowly into the unknown waters

 

[cheetahwind]

Well were now going on the 3rd business day from when my withdrawal was requested via my bank card. Still no credit to be seen.

So I think for future reference I'll be just doing the free bank to bank transfers. Mainly because paying $1.66 and having it take so far 2 days longer than a bank to bank transfer. Is sort of a turn off for me. So just a word of advise, unless if the only option you have because you deposit with prepaids only. I would avoid the credit/debit card refund option.

Otherwise I'm still happy with Circle. It's not like they've ignored my impatient e-mails about my money. Just a bit upsetting is all.

 

[Googobucs]

Interesting news article today. Madeira Beach wants to become the worlds first official Bitcoin city. I don't imagine they will have casino's any time soon but you can buy a lotto ticket

You do not have permission to view link Log in or register now.

 

[dougmanct]

Interesting thought to ponder:

Several of the Bitcoin casinos mentioned in this thread and a few that weren't offer anyone in the world anonymous access to play NetEnt games for Bitcoin. We should be suggesting to every one of these sites that they offer Dead Or Alive if they want to instantly become the #1 Bitcoin casino overnight.

Hear that? That's the sound of thousands of US online slot players' heads exploding at the thought.

It's also the sound of all of the RTG slot players closing their casino app to go try this game everyone else in the world is constantly talking about.

 

[john39]

Interesting news article today. Madeira Beach wants to become the worlds first official Bitcoin city. I don't imagine they will have casino's any time soon but you can buy a lotto ticket

You do not have permission to view link Log in or register now.

Lol maybe Treasure Island will follow

 

[cheetahwind]

I really could see Bit Coin exploding into a real life marketplace, like being suggested.

Yet on another more embarrassing topic. I finally got word from my bank that I overlooked the debit card refund on my statement. Apparently it did post within the 2 business days advertised. It just got mixed up with the other Circle bank to bank withdrawals.

So I am happy to report all is well, and everything with Circle is on the up and up.

Yet going back to the other topic. I really could Bit Coin really being accepted wide spread mainly because it's cheaper to accept and has way less headaches really.

 

[spoton]

I just checked some of the games on BitCasino.io yesterday, and found some weird typos in the paytables of some of the novomatic games + Gonzos Quest. They have also removed copyright notices from atleast Gonzos, and the same with the traditional Netent loading screen. Something smells a bit fishy to me. Pirated games maybey?

 

[cheetahwind]

Well the odd thing is everything I've researched leads to alot of the same back end systems the main software providers use.

So I'm not sure why for a Bit Coin casino, they've stripped some of the Aristrocat stuff away. Along with the NetEnt.

Like I went and looked at the source code, found the site that hosted it. Which lead me to another site that had everything Net Ent in tact. Along with the Aristocrat games.

So I'm not sure why these gaming providers are providing stripped versions of the original. They seem to play the same, just not sure why they've decided to strip certain things.

Maybe in the case the US or any other gaming restrictive country steps in and announces a shut down. The original game manufacturer can claim no ties to the actual site?

On either note, if your wondering about Fairness. So far the games seem random and not like set to take my money in the long run.

I guess some form of certification in the future would be nice, if not even right now, but on either note so far the outcomes of everything I've tried has been rather positive.

 

[spoton]

Well if you could confirm what you're saying with some proof that would be nice for all of us I guess. Sorry for being the skeptic here, but I find it hard to believe that NetEnt and Novomatic would provide special versions of their game to a few sites, especially with hard coded errors.

That being said, I might be wrong ofcourse..

 

[homerbert]

games at bitcasino.io not official, i.e. stolen, like i said in begin of this thread. We have dozens of novomatic slots copies in russian online casinos , all sh*t since they can do any RTP they want.
Netent did not intergrated with bitcoins. Novomatic same. So?

 

[john39]

There's a company called xapo That seems to offer a debit card to access bit coin in us funds however to just get the card is $15

I really could see Bit Coin exploding into a real life marketplace, like being suggested.

Yet on another more embarrassing topic. I finally got word from my bank that I overlooked the debit card refund on my statement. Apparently it did post within the 2 business days advertised. It just got mixed up with the other Circle bank to bank withdrawals.

So I am happy to report all is well, and everything with Circle is on the up and up.

Yet going back to the other topic. I really could Bit Coin really being accepted wide spread mainly because it's cheaper to accept and has way less headaches really.

 

[The Dude]

I've checked these games and they seem very suspect. Plus there are no software provider logos on the main index page. Red flags IMO. I'll give a heads up to Netent and any other gaming providers to see if they can verify the validity of these games.

In the meantime, I would hold off playing at any of these casinos. When it seems to good to be true - it usually is.

 

[SlotMonster]

The only one bitcoin casino I would suggest is bitstars net, as they are doing all the right things to become one of the best: great support, many games (including quickfire and betsoft and even more providers to come) and fast payouts. I know the owner of the casino (and they are our clients, but that's NOT the reason why I'm suggesting them) and can stand up for my words.

 

[The Dude]

Netent have already come back to me - it's not their software. They are investigating this at the moment.

 

[Wild Reels]

The only one bitcoin casino I would suggest is bitstars net, as they are doing all the right things to become one of the best: great support, many games (including quickfire and betsoft and even more providers to come) and fast payouts. I know the owner of the casino (and they are our clients, but that's NOT the reason why I'm suggesting them) and can stand up for my words.

does doing all the right things include coming up with an original design for the casino?, because my first impression when i stumbled upon it was that it looked uncannily like guts casino,

 

[bigjohn]

So far, from what I've read, this whole bit-coin business stinks of opportunistic scam.

I understand new ideas take a while to become accepted but this just looks like a way to by-pass every possible regulation. Sure, the US laws regarding on-line gaming are archaic and hypocritical and head-in-the-sandish (head-in-the-sandish?) and you can't really blame people for trying to circumvent them but there doesn't seem to be any safety with this currency and the lack of respect concerning intellectual property rights shown by these casinos should raise red flags for everybody. I can easily picture one day, playing in one of these casinos, maybe with a nice balance and all of a sudden the plug being pulled.

When it got too difficult for me to play on-line I saved my money and went to the B&M casinos once a month or so.

I realize not everyone can do that but, to me, this does not seem like the way forward.

 

[homerbert]

I think bitcoins have same really great future tbh. Withdrawals to bitcoins are lightning fast, always, not depending of your location. It is anonymous - no headache with verification, etc.
But there is couple of problems already, including such donkeys like bitcasino who use stolen software and just ruin reputation of other honest bitcoin casinos who are quite good.
Still does not touch this bitcoins, but probably give it a go in near future, everything looks fine with it.