Question About casinos with their own bespoke crypto currency

[Bacchus]

As a crypto enthusiast who enjoys playing slots from time to time, I've mostly played at BetFury since they utilize blockchain technology and have their own tokens (on my opinion it makes gambling way more transparent). Recently, I came across Fairspin, a smaller project with its own token and staking program.

Does anyone know other casinos with their own cryptocurrencies? What are your thoughts on them, and has anyone here tried Fairspin? I'm curious about your experiences with such online gambling platforms.

 

[KasinoKing]

There is already a thread going about this topic: Casinos with their own cryptocurrencies! - Casinomeister Forum

KK

 

[The Dude]

Yeah, seen it, thanks!
Not too many answers there though, and that topic is pretty old, so don't think many more people will comment

Actually, that thread isn't that old - relatively speaking.

This forum is over 25 years old.

 

[dunover]

As a crypto enthusiast who enjoys playing slots from time to time, I've mostly played at BetFury since they utilize blockchain technology and have their own tokens (on my opinion it makes gambling way more transparent). Recently, I came across Fairspin, a smaller project with its own token and staking program.

Does anyone know other casinos with their own cryptocurrencies? What are your thoughts on them, and has anyone here tried Fairspin? I'm curious about your experiences with such online gambling platforms.

Mmmmm....I bet you did.

BTW the F-spin site looks as dodgy as hell. No licensing, spelling mistakes everywhere, using certification & audit logos of organizations they aren't part of.

Falsely claiming Curacao license:

Fairspin Casino is a crypto casino that has been in operation since 2018. It is licensed by the Government of Curacao and operated by Techcore Holding B.V. Fairspin Casino offers a wide...more bollocks.....more bollocks....

Neither f-spin nor the supposed owning company are on the Curacao register.

AVOID FAIRSPIN - BOGUS LICENSE CLAIMS!!

EDIT:

And would ya know it??!! The other craphole Betfury mentioned in the OP is bent too:

AVOID BETFURY - BOGUS LICENSE CLAIMS!! (as well as hideous stories of scam casino malpractice on RustViolet.)

 

[dunover]

Actually, that thread isn't that old - relatively speaking.

This forum is over 25 years old.

Sorry Bryan, calling this OP out as a total shill - see my post above.

 

[SCATT3R]

I have no experience with these guys but I noticed both Fairspin.io and Betfury.ai are very highly rated on the Guru website, whether or not that rating can be taken seriously I couldn't say, but these operations DO at least have valid licenses, have they not?

 

[satchnz]

Got a royal flush on Betfury yesterday. Requested a $400 equivalent withdrawal in ETH. Withdrawal was held due to their risk team having to do a “deep security check”. Funds were in my local crypto wallet this morning.

No, this is not a shill post for Betfury. Just relaying a favourable experience.

 

[dunover]

OK, if I am wrong (about the licensing issues NOT the unrelated endorsement seal images and typos) then I apologise profusely - BUT it's odd that you appear to have typed exactly the same into the Curacao eGaming portal and got a different result to me. Odd.

P.S. I searched Google to get the correct Curacao e-gaming web address to check them out in, not the links on their sites.

 

[satchnz]

OK, if I am wrong (about the licensing issues NOT the unrelated endorsement seal images and typos) then I apologise profusely - BUT it's odd that you appear to have typed exactly the same into the Curacao eGaming portal and got a different result to me. Odd.

P.S. I searched Google to get the correct Curacao e-gaming web address to check them out in, not the links on their sites.

I mean if anyone is playing at a crypto casino and doesn’t think there is an extra layer of risk involved then they are only fooling themselves.

I had already written off my withdrawal given the known risk although I had withdrawn similar amounts twice in the past (both royals too), so was pleasantly surprised to see the funds in my local wallet this morning. But again my exposure is low as I tend to stick to min bet when I play. If I were staking larger amounts then my confidence in the crypto casinos I frequent would tank significantly.

 

[dunover]

Well, for Fairspin I have typed in fairspin.io at

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

.

For betfury you have to check on this website

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

, but I can't login. Though SCATT3R checked it for me already... And you have to search for betfury.ai.

Please don't ruin my topic

I am not trying to ruin it - we get people daily here who attempt to plant links for rogue gambling sites, or simply mention their names (shill) to attract attention to them. As the first duty of this site is player advocacy and protection, the last thing I want to do is risk forum members being tempted to unlicensed or bad sites and all the problems and scamming that go with them.

It seems for some reason I was getting 'unlicensed' in the checks but others were not so for now the original post gets the benefit of the doubt; I have amended the title back to reflect the original one by @Bacchus

There is also history of rogue sites falsely claiming licenses or redirecting their license link to a fake approval page.

I erred on the side of caution but seeing as a couple of members here have satisfied themselves that the license does stand up OK I will go with that.

I think it's appropriate to state that even a genuine Curacao license is very limited to absolutely worthless in terms of player protection compared to proper European jurisdictions, so bear that in mind.

Again I apologise for the error in my Curacao eGaming check which came back as unlicensed, but I will never apologise for using diligence and checking things out when new posters appear on the forum and staight from the off mention names of sites 99% of us have never heard of.

As you were peeps!

 

[betfury victim]

betfury future trade is a total scam. they manipulated my account by imposing trade limits just before liquidation happens....so that i couldnt buy back nor opened a new position to offset my old contract when i needed. there was a time I could not have more.than one trade on my acct...... after liquidation took place...i could open as many trades as wish again....until next liquidation took place then repeat again......

besides. they also gave me bogus reason so that I could not set stop loss........

another thing was about my （short）btc contract got busted even when my btc exit price was lower than its entry price...everything was written on.contract.... but what i got was a total lost....and yes that is -100% liquidation.........even exit price was clearly shown.... they said because of price fluctuation.....so your contract exit price is solely based on whatever they tell you it is disregard to what it shows on contract.......

lastly....when btc was above 62k.... on a 1000x contract at betfury will only give you a range of $41 before liquidation takes place.......... oh by the way..... on a 500x contract... once again I was given a range of $41 before liquidation takes place...... but betfurt manager said everything was working fine.........wish there is a place for all betfurian victims.....i have taken screenshots of everything I say on here.

 

[slot_zombie]

Not sure about the trading side but I've been using them as an offshore casino for a few years now without any issues. Always got paid out within 30 minutes.

B

 

[satchnz]

Not sure about the trading side but I've been using them as an offshore casino for a few years now without any issues. Always got paid out within 30 minutes.

B

Ditto. I had one scare when trying to withdraw a $400 royal flush win off a $0.50 bet as they held the withdrawal for “internal security checks”. It ended up being just that and I received my withdrawal within 2 days without further interaction with Betfury.