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[al allang84 WANTED $4 Outlaw]

JJW-7393 wrote:

I’m generally just a lurker but I made an account specifically for this, it might be a long read so bear with…

BC.game generally don’t care if you use a VPN, they have to state it in their T & C’s that it’s prohibited to used one for their own legal reasons, but they mostly turn a blind eye. Why?, because it increases their potential audience of gamblers massively and all it takes to register is an email address, a crypto wallet, and a name, that’s it.

I have never been asked for KYC but just because others haven’t doesn’t mean you won’t, It’s just a risk you have to take if you want to go down the crypto gambling route, they can and will withhold your winnings if you cant provide KYC, sucks, but is what it is.

Another thing is Gambling is tax free in the UK, but you aren’t gambling in the UK now (technically). Crypto is taxable, when buying, and selling the same coins for profit atleast. Gambling is still a grey area because you are selling more coins than you bought, not selling the same amount for profit which doesn’t come under captial gains tax. BUT if you used a KYC exchange e.g Kucoin, Crypto.com or anyone that asks you for ID and verification documents when your registered, they report all their users to HMRC (last I knew it was anyone who had over £5000 in their account, might have changed by now) there are ways around it by using a DEx but still, annoying to use for just your average gambler.

HMRC might get a bit sus when they request your information from the exchange and see large amounts going in and out of your bank to your exchange, into your casino wallet and back again etc etc for all they know you are being paid in crypto for a service which is taxable under income tax so atleast be prepared to show record of your transactions and proof you are gambling if required. Might not happen, but it’s a possibility.

Crypto casinos are better in many ways after the UKGC had their way, but offshore casinos are still unregulated and carry their own laws and risks and HMRC don’t take kindly to offshore gambling sites taking their tax money which otherwise would have come from a site regulated by the UKGC for their expensive licence to operate in the UK, among other taxable events. If you are gonna do it, atleast take the time to understand what you are doing and the possible implications first.

If all of that sounds like to much of an utter ballache stick to UK casinos and save yourself the hasstle.

hope this helps anyone who stuck around long enough to read the whole thing.

 

 

 

 

 

Great post.

If bandit buys £5000 of crypto and it jumps to £5200 overnight, that is taxable profit.

 

[al allang84 WANTED $4 Outlaw]

Larry Longballs wrote:

allang84 wrote:

Slot videos and slot streaming is out of fucking control.  It is not relatable in any way to normal punters.  As much as I love the bandit it makes me sick to my stomach the thought of someone losing over 70 grand.  You could buy a house or flat  with that money.  Losing 70 grand is not the same as someone losing 70 quid or 700 quid and it never will be.  It will be interesting to see the last man standing when this cancerous gambling affiliate shite is finished off once and for all.

 

 

I don’t know the full logistics of affiliation but my basic understanding is that streamers/affiliates offer people financial incentives to sign up to casino sites through a link.  If this is the case then I think it’s disgusting as they are encouraging people to gamble and lose money with all the drastic consequences that carries.

You are playing with fire, playing on these slots.  Yes we have seen they can pay but not in the long run.

It is disgusting especially when you have streamers like Chipmonkzslots,  who have actually increased the amount of videos they are putting out because they know everyone is in isolation.  The Bandit doesnt push links but guys like Chipmonkz are simply there to get as much off you as possible and could not give a monkeys toss if you do your balls in.

[al allang84 WANTED $4 Outlaw]

Slot videos and slot streaming is out of fucking control.  It is not relatable in any way to normal punters.  As much as I love the bandit it makes me sick to my stomach the thought of someone losing over 70 grand.  You could buy a house or flat  with that money.  Losing 70 grand is not the same as someone losing 70 quid or 700 quid and it never will be.  It will be interesting to see the last man standing when this cancerous gambling affiliate shite is finished off once and for all.

 

 

[al allang84 WANTED $4 Outlaw]

What about the fans of the non televised games?

If its showing on Bet365 there is a high chance they will sign up.

[al allang84 WANTED $4 Outlaw]

Sorry what I meant is she has been grinding doa 1 aswell

[al allang84 WANTED $4 Outlaw]

dunno the total investment but im sure she said it was hundreds of bonuses and 3 years of grinding it.

[al allang84 WANTED $4 Outlaw]

As far as Im aware this will only be Uk so guys like Letsgiveitaspin  and Labowski will still be able to do higher spins.

The issue that I think will annoy Uk streamers is say they are a grand down on £2 stakes.  Normally they would start increasing stakes. They wont be able to do this.

Also regarding the bonus wagering requirements.  It will be impossible so surely guys such as Nickslots would need to play raw as if they hit the bonus balance they have very little chance of beating the wagering requirements.

 

[al allang84 WANTED $4 Outlaw]

The OP has a point, some of the numpties here really think losing 100 quid is no different to losing 10 grand.  Of course its the bandits cash and he can do as he pleases but  I think more people like the 2 quid videos.  One thing I have found on both this forum and the casinogrounds forum is when somebody dares to mention they think a streamer is being irresponsible then the masses gang up like a pack of wolves and start being aggressive.

Also the argument that the bandit bets as big as this because he is wealthy is dog shit as I know some very wealthy gamblers and even they say these reel king gambles are utter madness.

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