Classic slots are the favorite game for many players. You know the ones, 3 reels, I payline. It's not complicated, you spin and you win, or not. One reason these slots are so popular is, with only one payline, each spin can cost just a few pennies, but still give you a big return on your investment, if your lucky.
My newest favorite, is the classic slot game title, ULTIMATE 10X, by Wager Gaming Technology. The progressive jackpot goes up faster than any slot game I've ever played and it has to pop, before or at $25,000. I've seen it hit as low as $1,500 and of course the max amount too, so anything can happen.
It is usually the first game I play and I did, just last week. I started betting $0.03 a spin on ULTIMATE 10X and I did that for an hour, with a little bit of success. I increased my bet to $0.15, with a balance of $42.00. My balance kept dropping, so I increased my bet to $0.30 a spin, before it was all gone.
After a few spins, I got distracted. When I looked back at the monitor, lo and behold, that game was going nuts. I know it took fifteen or twenty minutes to reach the new balance. The win, $2, 250.00 on a $0.30 bet! I didn't even know I could win that much on a $0.30 bet! Was it 5 O'clock yet? Well, even so, it was 5 O'clock somewhere, right! So, I saved $250.00 to play with at the casino and initiated my withdrawal for $2,000.00, via Bitcoin.
This is great, but it's Tuesday, June 19th and at Intertops Casinos, a Bitcoin withdrawal has a 48 hour pending period, that starts the day after you initiate a withdrawal. It'll be Friday, June 22nd before it's in my wallet. So, Friday finally arrives............ha, ha, ha...... Are you wondering why I'm giving you all these withdrawal details. Well, this story is not nearly over, at least for me it's not. My winnings finally arrive at 12:44 EST and I don't know about you, but I immediately set up the conversion from Bitcoin to USD, just to check! What is this............ my withdrawal is only $1,825.00!
So, of course, I sent an email to notify them my payment is $175.00 less than expected and their reply was:
"Your withdrawal was converted from US$2000 to BTC0.29654 when sent to our service provider according to the conversion rate at the time the transaction was processed. It appears that at the time your transaction was completed the rate changed causing you to receive a smaller amount. Unfortunately, we have no control over the conversion rate and how Bitcoin fluctuates by the time the transaction is completed."
At this point, I'm very disappointed. I could have a really used $175.00. I could buy tickets to great concert, or maybe a dinner at an upscale restaurant, maybe buy a nice handbag........ This is not a piddly amount of money, not by any means!
During my research, which was easy using the LCB Bitcoin Tracker, there was a big drop in Bitcoin price that occurred on June 22, the day my winnings were deposited. According to the tracker, my winnings were converted on June 21st, during the casinos pending period. This is what caused the difference in the amount I received. Why aren't winnings converted into Bitcoin by the service provider, minutes before the deposit is made, just like when a player deposits into the casino. Doesn't that sound reasonable? I did reach out to the casino manager in regard to their Bitcoin withdrawal process, but I have yet to receive a response.
Has anyone had a similar Bitcoin experience?
Amberdawnxo 9 months ago Newbie
May I ask you what casino you played at and won 2500, I recently got into bitcoin casinos, but I've been having trouble on how to covert the money from bitcoin to US $ .. if you have any info on what website you use for conversions that would be great (: congrats on your win!! Atleast they actually sent you 1,800 . Wishing...
May I ask you what casino you played at and won 2500, I recently got into bitcoin casinos, but I've been having trouble on how to covert the money from bitcoin to US $ .. if you have any info on what website you use for conversions that would be great (: congrats on your win!! Atleast they actually sent you 1,800 . Wishing you lots of wins 3xs bigger then the one before!!
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quball 2 years ago Full Member
That happens more times then you might think when Bitcoin is involved. I seen as much as 10 percent difference either way when Bitcoin trading is real active over night. Most RTG Casinos send my payouts around 2am in the morning to my wallet and I do not get to them till after I wake up around 10am. Sometime I make an...
That happens more times then you might think when Bitcoin is involved. I seen as much as 10 percent difference either way when Bitcoin trading is real active over night. Most RTG Casinos send my payouts around 2am in the morning to my wallet and I do not get to them till after I wake up around 10am. Sometime I make an extra buck or two and sometime I lose a few. It's just part of dealing with Cryptos!!!!
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Kinggod93 2 years ago Sr. Newbie
Still a blessing sometimes the struggle is real before the sun comes out lol
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barsalou6 2 years ago Jr. Member
You just as easily could have received US$2500 by the time the conversion you know just be thankful that you had a $.30 bet hit 2,000! Perhaps think of playing at a reputable Bitcoin casino that provides Instant withdrawals such as bitstarz, or bitcoincasino.us. 🤷🏽♂️
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Vanenhox 3 years ago Sr. Member
I just do not get bitcoin. It is not that convenient. Skrill is much faster. You cannot buy anything with it for less than 25 bucks as far as I can tell. And it fluctuates like crazy! Also if you send the funds to the wrong bitcoin address that is it there is no way to redress the mistake and retrieve your money. I used...
I just do not get bitcoin. It is not that convenient. Skrill is much faster. You cannot buy anything with it for less than 25 bucks as far as I can tell. And it fluctuates like crazy! Also if you send the funds to the wrong bitcoin address that is it there is no way to redress the mistake and retrieve your money. I used to think it was a trend that would fade but apparently there is something I do not understand about it as it has staying power, somehow. I like skrill at casino's that send the money within two hours at the most and there are more than a few of those out there. Although perhaps no so many in the US. Anyhow it is too bad you lost a percentage of your win to the vagaries of the financial market, but congrats anyhow Jade. It was still a sweet win.
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notorious_rocky17 3 years ago Newbie
I'm glad I read this that way I won't be caught off-guard if something like this happens to me. I see how it's unlucky but at the same time I can't help but think it could also work in your favor if the Market jump up. The life of a gambler LOL congratulations anyways even though this is super late I am glad I came across...
I'm glad I read this that way I won't be caught off-guard if something like this happens to me. I see how it's unlucky but at the same time I can't help but think it could also work in your favor if the Market jump up. The life of a gambler LOL congratulations anyways even though this is super late I am glad I came across this
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COSMICLOL 4 years ago Sr. Newbie
That is ridiculously unlucky but as someone else pointed out the reality of the market... or nature of the beast, if you will. Congratulations on your win! EVen less 175 youve still walked away with a good amount... dont get me wrong, id be off that too but yeah... on a different note im keen as to play this game! ieve...
That is ridiculously unlucky but as someone else pointed out the reality of the market... or nature of the beast, if you will. Congratulations on your win! EVen less 175 youve still walked away with a good amount... dont get me wrong, id be off that too but yeah... on a different note im keen as to play this game! ieve said it before and ill say it again... australians miss out on all the best games.
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malavita 5 years ago Newbie
That is the reality of the bitcoin market, the value is constantly changing, but I do think that the 48 hour pending period for the withdrawal to be processed is far too long. There are a few online casinos that process a bitcoin withdrawal in an hour or less!
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allister1 5 years ago Sr. Newbie
I have been recently thinking about getting into depositing and withdrawing using bitcoin I do have a wallet set up but am having a little bit of difficulty on the how too's of in the way it works, hopefully I will get it all figured out in the coming days until then its the old credit card for me. Congrats on your win...
I have been recently thinking about getting into depositing and withdrawing using bitcoin I do have a wallet set up but am having a little bit of difficulty on the how too's of in the way it works, hopefully I will get it all figured out in the coming days until then its the old credit card for me. Congrats on your win though
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laurentr3865 5 years ago Hero Member
I never had a similar experience with Bitcoins but I am always thinking it can happen when I made withdrawals using bitcoins. It really can happen if you look the bitcoin history. It looks to be less and less volatile but the bitcoin price recently increased of 20% in a few hours. I like using bitcoins for deposits and...
I never had a similar experience with Bitcoins but I am always thinking it can happen when I made withdrawals using bitcoins. It really can happen if you look the bitcoin history. It looks to be less and less volatile but the bitcoin price recently increased of 20% in a few hours. I like using bitcoins for deposits and withdrawals but this volatility is really a problem for withdrawals which are often a bit long... so the bitcoin value has the time to change a lot in both ways.
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dmnitdava 5 years ago Sr. Member
great to hear bout them trying to make up a little bit of what was lost in the process of withdrawal and def congrats again on your winnings and your determination to be paid what you were owed and see this problem / issue though to the end..... I glad this story has a happy ending thanks for the update :) ps I have been...
great to hear bout them trying to make up a little bit of what was lost in the process of withdrawal and def congrats again on your winnings and your determination to be paid what you were owed and see this problem / issue though to the end..... I glad this story has a happy ending thanks for the update :) ps I have been wondering worried about deposit to much with them I didn't know there trustworthiness and or customers service quality you know uptown aceand winaday are my fav and preferred online casinos usually but I def will be visiting them' Inter-tops' more...... in fact right now to see if maybe I can get so lucky lol
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Gloriabe 5 years ago Jr. Member
I have not had a similar experience with Bitcoin, but I have learned something from your post, thank you for sharing this experience. What a nice thing for Intertops to do for you, I will take a look at this Casino and maybe start playing there. I do so much appreciate when a Casino does something like this, it makes you...
I have not had a similar experience with Bitcoin, but I have learned something from your post, thank you for sharing this experience. What a nice thing for Intertops to do for you, I will take a look at this Casino and maybe start playing there. I do so much appreciate when a Casino does something like this, it makes you really want to play there and stay with this Casino. Happy time for you it is!
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jade 6 years ago Super Hero
Just wanted to add; I did hear back from Intertops! They didn't not deposit the missing winnings into my wallet, but in their own way, they did try to rectify the problem. They gave me a $175 bonus, with a x20 WR and no max withdrawal! I have to say, "they did do something!" It's more than many other casinos would...
Just wanted to add; I did hear back from Intertops! They didn't not deposit the missing winnings into my wallet, but in their own way, they did try to rectify the problem. They gave me a $175 bonus, with a x20 WR and no max withdrawal! I have to say, "they did do something!" It's more than many other casinos would do, under the same circumstances! So, thanks Intertops.
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jade 6 years ago Super Hero
@Daniel, Really!! I have been a loyal customer for more than 9 years. I can't say that I never deposit anywhere else, but they have been my #1 casino. And I never missed an opportunity to brag about their customer service, to anyone that would listen.
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Daniel Hughother 6 years ago Full Member
As some of you know I have a TINY buisiness here in Houston that I am always trying to expand, and I don't get it. I Always err on the side of "customer might be an asshole". You just never know who has 15 billion followers on instagram or whatever, and is gonna trash you because you make them mad on accident, or something...
As some of you know I have a TINY buisiness here in Houston that I am always trying to expand, and I don't get it. I Always err on the side of "customer might be an asshole". You just never know who has 15 billion followers on instagram or whatever, and is gonna trash you because you make them mad on accident, or something out of your control and so you try to treat everyone the best. Must be nice to have so many people begging to do business with you. In your situation jade, I would eat that little bit of cash (as the casino) because you are an avid gambler and in the long run it always benefits you to have good customers (who bring other good customers). Who cares about a few hundred dollars difference if i can keep a steady customer. But maybe I see it different because i don't have a huge band of customers to piss off to infinity. Maybe in a few years I have 10 stores and have enough money / business to do that.. hah.
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dmnitdava 6 years ago Sr. Member
thank you so much for sharing this information /situation because this is something I never really though bout but is very relevant & helpful to me and my chooses now and in the future concerning how am going to make/choosing depositing and withdraw option. Another reason I have found that the LCB is a very helpful...
thank you so much for sharing this information /situation because this is something I never really though bout but is very relevant & helpful to me and my chooses now and in the future concerning how am going to make/choosing depositing and withdraw option. Another reason I have found that the LCB is a very helpful and great place to find real people (like me) and in dealing with real situations (like this), now that being said I know that not everyone experiences are the same - some are good and some are bad but they all very important and necessary to me and will I fell to help me and even others in achieving a safe, fair, and in the end whether we win or loss while gaming a total over all fun and enjoy experience. I don't have any friends who also choose gaming on line like I do for fun activities so just being able to talk bout are experiences on here as well with the risk of be treated like negatively is also so great as well just thank you and I hope everything does work out for you in the end :)
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jade 6 years ago Super Hero
I was hoping that this situation would stir up some great dialogue and I am not disappointed. I appreciate all your comments. I love the idea of instant withdrawal. I say "idea," because I've never been lucky enough to withdraw at a casino with instant withdrawal. All I ask, is that the $2,000 requested amount is...
I was hoping that this situation would stir up some great dialogue and I am not disappointed. I appreciate all your comments. I love the idea of instant withdrawal. I say "idea," because I've never been lucky enough to withdraw at a casino with instant withdrawal. All I ask, is that the $2,000 requested amount is what hits my wallet. Except for instant withdrawal, the only way for that to get the closest to happening, is if the depositing service provider, converts that amount into Bitcoin, just before the deposit is sent. After it's in my wallet, it's on me if it changes, one way or another. If they would have done, IMO, the right thing and sent the missing amount to my wallet, they would have lost nothing and gained some great respect from me! The way the casino completed the transaction, leaves their integrity open to speculation! There should be some kind of statement in a casino's T&C, how they intend to process a Bitcoin request and make it transparent! By the way, it has now been over one week since I reached out to the casino manager, via email and silence is the only thing I have received.....
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Daniel Hughother 6 years ago Full Member
THIS is a big reason for instant withdrawals if you are going to use bitcoin. It could go both ways. I have had one casino convert at the time or withdrawal request into BTC, then when time to send it told me they had to adjust it because the BTC went up and they would be sending me more than i won (which is garbage,...
THIS is a big reason for instant withdrawals if you are going to use bitcoin. It could go both ways. I have had one casino convert at the time or withdrawal request into BTC, then when time to send it told me they had to adjust it because the BTC went up and they would be sending me more than i won (which is garbage, the interest on bitcoin should have been mine, but whatever). But if everything is instant, it would be understood both ways that it is what it is, and you are sent 2,000 RIGHT NOW money, whether it rises or falls. But in this case the casino held your money until the price of BTC fell, that makes them resposible for the conversion loss I would think.
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Allstarmikey 6 years ago Super Hero
I would be so happy with the winnings that I wouldnt even think about those 175 dollar I think ... :)
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Kristen Munoz 6 years ago Jr. Member
yea that would be really hard to just be ok with , whenever you win you feel its all fair but it seems morre times with the online sites there is always sometrhing . so i guess just gotta realize who you actually playing with thanks
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