BitBingo Disappears From The Market

When depositing money into an online gambling site, players hope for a return. Unfortunately, this is not always the case, and for users of the BitBingo site, this is now a reality. One of the few Bitcoin bingo sites has seemingly dropped off the face of the planet. This abrupt exit has left players without their money and without any answers.

The story begins on February 5, 2017, when a member filed a complaint against BitBingo for not paying back a bonus amount. The site’s Welcome Bonus granted new players a 200% match bonus on their first deposit. Many reputable online gambling sites feature similar bonuses, however this one was a little different in that it was issued back incrementally as cashback on losses at 25% each time. BitBingo users were under the impression that they would be receiving a one-time bonus payment as opposed to a lousy incremental bonus. The member complaint accused the site of not issuing any sort of bonus payouts over the course of 48 hours.

Prior to this complaint, BitBingo was live and accepting deposits from customers. Part of its appeal was that it was entirely based on the popular cryptocurrency Bitcoin. Many online gamblers prefer to use Bitcoin due to its anonymity and lack of a third-party financial institution that can tack on processing fees. BitBingo was marketed towards users of the digital currency form and seemed to be a perfect destination for advocates.

Their live chat support system, that is supposed to be available 24/7, was offline in every time zone. Players could try and send messages, but there were no responses. It was discovered that their email account had gone offline as well after players received responses saying the email address could not be found.

BitBingo is not the first instance of gross misconduct within the online gambling industry. This is why our team of industry professionals vets every site carefully before recommending them. Some users automatically trust a site because it is Bitcoin-friendly, but as BitBingo points out, the alternative currency form is not immune to theft. P

Online Bingo is also somewhat of an exclusive game in that not all online gambling sites offer it. When a site is found that has Bingo variations, players can be quick to assume they are legitimate. It is important to verify that the site you are interested in using is legitimate before entering any personal and financial information. The sites that we recommend are all properly sanctioned and regulated, eliminating the risk of any BitBingo-type situation.

BitBingo has managed to disappear without a trace and steal money from their customers. For those affected by the incident, it will likely be impossible to receive any sort of restitution. All other players should see BitBingo as a warning of what can happen when you are not vigilant in screening the online gambling site you use. There are plenty of reputable online gambling sites that feature Bingo games and accept Bitcoin as a viable currency form, so players are not without sound options. One such site is Ignition Casino which we know to be very reputable.  Be sure to carefully examine a website before disclosing any information to avoid getting involved with something like this.