Crypto Casinos and self exclusion

[cheetahwind]

So I guess reading the thread about Stake, just a few thoughts if I may.

I suppose this is one of the inherent flaws with Crypto casinos. Unlike fiat casinos where you pay via credit card transfer, wallet transfer, or some cash method that can be blocked from depositing. There isn't viable way to stop a crypto transfer. Once it's been completed it's non reversible and it'd be up to the casino to actually reverse said transfer.
Yet I suppose the only solution to blocking an self excluded player would be not to credit said deposit, then ask for a refund address. Yet I'm not sure if any actual crypto casino is setup to handle this sort of thing.
This to me is the huge downfall of Crypto is the non reversible stance, it's great for the casinos as there is no chance of a chargeback to them. Yet sucks for any player who clearly has a gambling problem.

 

[nisosbar]

I wish there were a convenient solution. It's painful, the stories of problem gamblers. At the same time, the logic behind these arguments is the same logic that destroyed online poker, and it is insane logic, IMO.

Consider: some gamblers manage their crypto options well; some gamblers don't manage these options well; therefore, ALL gamblers must be denied the option of crypto-gambling. Serious WTF logic.

I get that you recognize this, noting the "inherent flaws with Crypto" and "huge downfall of Crypto". Though I would argue the feature of anonymity is a strength of crypto - perhaps the biggest. But it is not always a flaw, and not always a downfall.

 

[Deeplay]

This is the one main drawback for Cryptos - many dont run KYC and so even if a person runs SE - (some do offer this ) its a token gesture as a person can re-sign up instantly with different email / IP. The only real way for a problem gambler to combat this would be by cutting off the source - e.g getting your bank to block crypto / gaming transactions most do offer this now in the UK. I only have one card open for degenerate purchases the rest such as Monzo / Monzo business never accept crypto translations at my request.

The other option is to opt out / block self from as many browser based crypto wallets ... coinbase / etc but still many more a determined gambler can use. So it can be very very dangerous for those who struggle with gambling and no real safety net - just partial. Comes down to being able to limit self - not easy for a CG.

Myself I use only one wallet - with only 1 card that I can buy crypto from - but I have not deposited in offshore cryptos for a few months now. My only play is 3dice maybe 1 or 2 times a month. Im not sure what solution to this would be to be honest without major world wide regulation which in the end defeats the whole concept of CCs.

 

[Deeplay]

And to add about 3dice even though they are crypto only (not sure if it same for USA Players ) but even so - 3dice do run full KYC which is none intrusive and no SOW at all. So when / if you did SE on 3dice there is no way around it. And they do have a whole suit of RG tools which I use from time to time - timeouts DL etc so they have a very robust safety net for people who might get into problem areas. But 3dice seems to be the exception rather than rule when it comes to offshore gaming and being able to play safe.

 

[pinnit2014]

Agree, but the drawback(s) is (are) the selling point: no SOW, no RG....just free high RTP play - now, whether those RTP'S are indeed 96/97, well, who knows because no one is checking.

You start bringing Cryptos into having to do affordability checks etc you then start to remove their raison d'etre imo

They're never going to be good for people with impulse control/issues but if not, find the right one, still risky, but a sound bet in todays environment.

 

[klegendairy]

just go to one that does both like cagedwhale im surprised casinos can get away with just having one or the other with the amount of chargeback or attempts id imagine they get

 

[pinnit2014]

Lest not forget players are not innocent in the whole process - there are Cypto casinos that are, relatively speaking, legit who will pay you. But then players, coming along for a free ride, lose money and then, as if by magic, become incredulous at them accepting their bets (imagine!) and start chargeback nonsense.

 

[bamberfishcake]

So I guess reading the thread about Stake, just a few thoughts if I may.

I suppose this is one of the inherent flaws with Crypto casinos. Unlike fiat casinos where you pay via credit card transfer, wallet transfer, or some cash method that can be blocked from depositing. There isn't viable way to stop a crypto transfer. Once it's been completed it's non reversible and it'd be up to the casino to actually reverse said transfer.
Yet I suppose the only solution to blocking an self excluded player would be not to credit said deposit, then ask for a refund address. Yet I'm not sure if any actual crypto casino is setup to handle this sort of thing.
This to me is the huge downfall of Crypto is the non reversible stance, it's great for the casinos as there is no chance of a chargeback to them. Yet sucks for any player who clearly has a gambling problem.

Some crypto casinos do offer self-exclusion, but I would assume, as you point out, that's it by the wallet address only.

I still think that crypto casinos have a social and moral obligation to offer help or support where needed, as we all do, but only one or two I know of seem to offer some kind of responsible gambling advice or program.

As much as I love the idea of crypto and decentralisation, the space attracts criminals, scammers and the sort of people who don't care about how they affect other people.

 

[Rodemar]

I completely agree with you here, so I do not play on cryptocasinos and try to use only proven sites. For me this is biamo.bet for a long time I play in this online casino