[PERMANENT GIVEAWAY] 8000 bits worth of credit to every subscriber willing to have fun with one of our games!(self.BitcoinGambling)submitted by - announcement)submitted by π Rendered by PID 13189 on app-362 at 2017-06-24 11:14:51.528433+00:00 running 3522178 country code: SG.Update: BitStarz contacted CCN with additional information about the settled payout.As you might heard, average withdrawal time on BitStarz is around 10 minutes.The payment for this particular player got stuck because he had only made small cashouts in the past, and they have been processed automatically in our system.The player actually went out on reddit and recommended BitStarz still despite what happened.Again, we’re very transparent regarding this and we’re not dodging any questions, all we ask is that people see this from both perspectives.It’s easy to point the blame at someone but we think it’s fair that both parties gets to voice their opinion and their side of the story so people can make an education decision as to what is reasonable.

Furthermore, BitStarz is an advertising partner on CCN.Readers with any queries or concerns about BitStarz can reach out to ensure a swift reply or resolution from the BitStarz team, as exhibited in this case.Reddit ser DjPxH recently took to the Bitcoin subreddit to complain that digital casino BitStarz, a regulated entity of the Caribbean island Curacao, was withholding a recent sizeable win of around 5 BTC he had achieved.I don’t mind providing address, bill utility (as I already did), bank account statement, but they are asking me for credit card proofs of deposits done in over 1 year (which I threw out as they were prepaid, or with old bank accounts…) (I made about 5 deposits (2 CAD, 1 USD and 2 EURO and these were made months and years ago).I was not asked for any proofs until I won today… Now BitStarz refuses to pay, states their ToS, when it’s literally fraud.If my account was such a problem, why would they have been accepting my deposit for the last year and approved all of the minors payments I receive.

The post received a lot of attention.Various users warned against the use of this casino, citing their Bitcointalk trust reputation, where many people have had issues with it.One user even claimed to have been bilked out of 20 bitcoins.However, Bitstarz itself also paid the post a great deal of attention, and repeatedly stated that it was trying to stick with regulatory requirements in its jurisdiction.A representative from the company told DjPxH: All we need to make sure here is that no stolen card has been used, and you’re of course free to mask the first 12 numbers of the card if you feel uncomfortable showing all the numbers (which we totally understand).I’m not going to discuss publicly (for your own safety as I’m not going to out your private information online) why we came to this conclusion as I believe you’d like to hear this in private instead of it being posted on a forum.But in general terms I have no problem explaining why a casino ask for proof of deposits and a copy of your card.

I’m just putting all the facts out from our end as well and then you and other people here can make an educated decision as to if it’s reasonable or not, but I’m simply telling you the obligations of us as an operator.ethereal gem trailOverall, there seemed to be confusion amongst Reddit users as to why the company was demanding proof of verification for a credit card the user hasn’t used in quite some time.bitcoin billionaire level 25The representative continually repeated that the company is bound by local licensing laws to get certain information.bitcoin calculate public key from private keyInterestingly, the representative said that Curacao does not require the casino to gather any know-your-customer information before a deposit is made, but only when trying to pay out winnings.litecoin worth investing 2017

Given all the negative things that are said about the casino on Reddit and elsewhere, it is questionable how the outcome would have gone had the user not reached out and pressured them.bitcoin sdrAfter all, paying out $3,000 is nothing compared to losing hundreds of potential new users forever.bitcoin flip coinThus, the result is that DjPxH was paid within 24 hours of making his post.litecoin last blockHe notes that he did make verification documents available, which seems to be the source of the confusion from the first.bitcoin developer india linkedinAnother post in the thread also raises concerns for potential BitStarz gamblers.win free litecoin

User Mikadilly said that he played there in good faith, believing he’d done everything right, but then his winnings were withheld due to an obscure part of the casino’s terms of service: Had kind of similar experience as well.Won 6 btc using their bonus.Made a 40x rollover requirement.Tried to withdraw – all my winnings were confiscated, because I bet more than 0.025 per spin.Which is in their terms and conditions.But still – unethical business practice.This raises concerns on more than one level.The author is an experienced gambler both online and in real life, and the rules of any good casino are always clear and up front.As one commenter said, a digital casino should obviously not even allow behavior which would disqualify a cashout.It’s only going to lead to lingering posts like Mikadily’s.Imagine going to the racetrack and placing a $1,000 bet on a 7-to-1 horse, winning, but then being told that $1,000 was over the betting limit.Why did they take the bet then?Experiences like those of DjPxH and Mikadily can be avoided by going to other casinos, clearly, and familiarizing one’s self with the rules of the place before wagering.