Contest Ideas - It's time for a change!

[cocopop3011]

Hey guys!

As you all know we have been running our contests pretty much the same for a while now and it's really helped to get more people involved. Now it's time to change up the contests every month. I already have someones idea down for a one off bonus buy contest - but now is your time to tell me what kind of contests you want to see. 

For example - points based, selected slots, exclusive premium member contest idea etc etc

For March we will be having new style AG Contests so please reply as soon you can so we can get these rolling  

[Blackjax]

I believe selected slots or theme based contests are great options. 

We can also have a comp like accumulator. We get a chance to post our highest hit every 2 days and by the end of 10 days or two weeks the person with most points from those 5/7 entries wins. But you can't repeat your slot.

[Flatzem888]

put a little twist on what slots can be used in adjacent contests, so if you used a specific slot to get a placing in the previous 2 contests, then you can't use that same slot in a current contest. this means players will have to grab another slot for a contest instead of a stale groundhog day where people just resort to their slot repeats.

for example contest #1 you used a screenshot Sugar Rush Super Scatter that got you placed into the money

and contest #2 you placed in the money with a slot called Sacred Stones

 

and then a new contest #3 arrives and here you will need to avoid using a screenshot for the slots from contest #1 Sugar Rush Super Scatter and contest #2 Sacred Stones) and thus you will play any of the other thousands of slots and use a screenshot for those

 

[loceff13]

Some cheaper cost of entry ie 50x or higher qualifies for random draw with a single entry per person rather than bigwin leaderboard. Gives the people without as much money the same chance to win the big prizes too.

[Potatohead]

@cocopop3011

Any news regarding the best in 100/200 spins contest? 

If needed: I can provide you a clean layout with some screenshots and how foolproof it is, also a rough estimate in how much more KPI in terms of posts there should be (so we could also use the bigger price pool for this contest)

[Blackjax]

@cocopop3011 recently an issue was raised regarding @loceff13 playing at a casino after depositing in crypto. His balance was in CAD which is one of his picked currency. And everything seemed legit on his part.

According to terms we are allowed to play at crypto casinos but screenshots should be in Fiat. @Afi4wins was trying to enforce a rule that depositing in crypto is also not allowed. Are we going to follow this?

How are we going to know if a person is depositing in crypto or not? The only way to do this is by checking everyone's deposit history. 

[loceff13]

The issue is I played on a casino that lets you deposit crypto and hold/play it as crypto onsite hence it's invalid.

Essentially while I was betting 10c CAD equivalent it was an actual bet as LTC on Gamdoms backend. At any time I could have withdrawn it as LTC as it was still LTC. 

I had my win, contacted live support as Gamdom has no gamelog onsite(apart from their own titles) and in the 15-20min since I won a small shift in LTC price meant the Gamdom support provided proof of a win 4c CAD lower than my actual win(live conversion from LTC). I figured it out that it was likely invalid and pointed it out as I'm not trying to mislead/break the rules here. I don't have an issue with a ruling that it was invalid.

 

Even depositing 'real money' on Gamdom it's probably possible to run into the same issue(but less likely), ie you deposit 100EUR and select CAD to play with(could be switching between USD, NZD, AUD etc). Hit your win in CAD(which is live converted from deposited EUR) and a day later request a gamelog which is calculated on the live EUR-CAD price where now theres a difference like I had. Its mostly an issue on casinos where you can change currency in real time and theres a delay in obtaining a gamelog.

 

The vast majority of casinos that accept crypto use payment processors that takes the players crypto and gives the casino real money which is then credited to the players accounts as real money. The source of funds has no impact in this scenario. 

[Flatzem888]

7 minutes ago, loceff13 said:

The issue is I played on a casino that lets you deposit crypto and hold/play it as crypto onsite hence it's invalid.

Essentially while I was betting 10c CAD equivalent it was an actual bet as LTC on Gamdoms backend. At any time I could have withdrawn it as LTC as it was still LTC. 

I had my win, contacted live support as Gamdom has no gamelog onsite(apart from their own titles) and in the 15-20min since I won a small shift in LTC price meant the Gamdom support provided proof of a win 4c CAD lower than my actual win(live conversion from LTC). I figured it out that it was likely invalid and pointed it out as I'm not trying to mislead/break the rules here. I don't have an issue with a ruling that it was invalid.

 

Even depositing 'real money' on Gamdom it's probably possible to run into the same issue(but less likely), ie you deposit 100EUR and select CAD to play with(could be switching between USD, NZD, AUD etc). Hit your win in CAD(which is live converted from deposited EUR) and a day later request a gamelog which is calculated on the live EUR-CAD price where now theres a difference like I had. Its mostly an issue on casinos where you can change currency in real time and theres a delay in obtaining a gamelog.

 

The vast majority of casinos that accept crypto use payment processors that takes the players crypto and gives the casino real money which is then credited to the players accounts as real money. The source of funds has no impact in this scenario. 

any casino that doesn't have game logs for the player to check is a red flag. there is no excuse and I am fed up with casinos that don't have it or have a cap on how many spins it records in a day.

[Afi4wins]

What most players do not realise is that games designed and programmed for fiat currencies do not have the capability to show crypto symbols, so fiat currency symbols appear instead. Casino platforms may have the same problem too.

Games that are specifically designed for cryptos do have the relevant crypto symbols!

Loceff's balance WAS NOT IN CAD as Blackjax says but was in LTC...but CA$ symbol was shown instead.

[Blackjax]

1 LTC is equal to C$60.

You are saying Loceff has 58 Ltc  and not CAD that is equal to C$3500.

You  say casino can't show Crypto symbol so it shows fiat symbol. Are you saying he was playing with C$3500? If yes then his 0.10 be is C$6 per bet.

[Afi4wins]

1 hour ago, Blackjax said:

1 LTC is equal to C$60.

You are saying Loceff has 58 Ltc  and not CAD that is equal to C$3500.

You  say casino can't show Crypto symbol so it shows fiat symbol. Are you saying he was playing with C$3500? If yes then his 0.10 be is C$6 per bet.

I didn't say he had 58 LTC - you said that! His bet was shown as CA$ 0.10, I didn't say his bet was in 0,10 LTC...you said that!

All I'm saying is that he deposited in LTC and playing in crypto is not allowed - PERIOD - NO EXCEPTIONS - Contest rules.

His LTC deposit was converted into CA$, either by him or by the casino - ask @loceff13 which one.

Quote:

Essentially while I was betting 10c CAD equivalent it was an actual bet as LTC on Gamdoms backend. At any time I could have withdrawn it as LTC as it was still LTC. 

[Flatzem888]

I asked AI about this ; 

When you play at a crypto casino like Gamdom using a cryptocurrency like Litecoin (LTC), the platform typically manages the conversion between your crypto and a display currency (like CAD) to make betting more intuitive.

Here is how the system generally handles the "fluctuation" issue you are describing:

• Internal Fiat-Like Balances: Many casinos that accept crypto do not necessarily "convert back and forth" every time you open or close a game. Instead, they often use a hybrid system where your deposited cryptocurrency is internally accounted for as a fiat-equivalent balance. This allows you to place bets in a consistent unit (like 100 CAD) without needing to manually calculate the real-time value of your LTC for every spin.

• Volatility and Your Account: Even if the casino displays your balance in CAD, your actual underlying asset remains the cryptocurrency you deposited. Because of this, if the market value of Litecoin drops or rises significantly against your display currency, the value of your account can change even if you haven't made any bets. This happens because the casino is holding your funds in the original crypto asset, and your "CAD balance" is essentially a real-time estimation based on current exchange rates.

• Automatic Conversion at Withdrawal: You generally do not have to worry about converting back to crypto when closing a slot; that conversion is typically handled at the system level. When you eventually decide to withdraw, the casino converts your current internal balance back into the original cryptocurrency (LTC) based on the exchange rate at that specific moment.

Key takeaway: The "CAD" display you see is a convenience feature. While it makes betting easier to track, it does not lock in the value of your coins. You are still effectively "holding" the underlying cryptocurrency while playing, so your total account value will still fluctuate with the market, regardless of whether you have a slot window open or closed.

If you want to avoid this volatility while playing, many players choose to deposit or convert their funds into stablecoins (like USDT or USDC), which are pegged to fiat currencies and do not change in value like LTC or BTC.