New Player Beats Crypto Casino's Winnings Record with $650,000 Session

29 Jul 2020

A new player has just set a record-winning session on blockchain casino Fairspin, withdrawing winnings of over $650,000. The casino keeps all gaming and payments transactions on the public Ethereum blockchain, we can see what happened.

Over the course of a gambling session, the newly registered player managed to beat Fairspin’s previous records of the largest one-time withdrawal of 2.5 BTC, withdrawing 101.25 ETH in a single transaction.

The user, however, didn’t count his blessings and stop there. They continue to play Roulette Macao and Live Blackjack to win an additional 759 ETH, over $170,000, over the course of that session. His gains kept on piling on until on July 5 the user withdrew over the course of four transactions part of his earnings, blowing the largest one-time payout coming out of Fairspin again with a 250 ETH ($57,000) withdrawal.

Between July 7-17, the user would come to withdraw his full gains of 2,731.7 ETH – over $650,800. These were moved over the course of 11 more withdrawals, ranging from 113 ETH to 215 ETH. As Fairspin pays out users via cryptocurrency as well as in fiat, the user received the funds shortly after withdrawing them and did not have to wait.

Blockchain Casinos Keep Thriving

Gambling continues to be one of the largest cryptocurrency use cases, with blockchain casinos thriving thanks to the advantages cryptocurrencies have over fiat currencies. Deposits made on Fairspin are instantly converted to TPLAY tokens, which grants additional transparency, but deposits can be made using various top cryptoassets, including BTC, ETH, DASH, ADA, LTC, USDt, and TRX.

Anyone who has ever played on an online casino knows that promotional bonuses are important to keep players engaged. These bonuses can be free spins, deposit bonuses, or cashback. On Fairspin, players can enjoy deposit bonuses of 10-40 ETH on their first deposits and receive up to 140 free spins thanks to them. On registration, players get 30 free spins.

Those who surpass 700 ETH in bets are granted a VIP status, which essentially means they get an advanced bonus package adding between 10% and 100% to their deposits and granting them up to 100 free spins a week.

Fairspin also offers users cashback programs. These include a 5% cashback Monday through Wednesday, with an additional 2% cashback per week on all deposits made throughout it, and 1% a month for deposits made that same month.

Fairspin Player Winnings Are Well-known

As Fairspin has its transactions recorded on the immutable Ethereum blockchain, it’s possible to verify how much players are depositing and withdrawing, meaning one can make out the winnings of its best players.

Fairspin was created in late 2018, and during the course of 2019 it awarded its players 46,500 ETH, and just kept on growing since then. The blockchain casino was nominated in the Rising Star category for the prestigious EGR Operator Awards and SBC Awards. Along with its partners Trueplay and eGaming Curaçao, Fairspin runs a provably fair gambling platform that guarantees full transparency and doesn’t allow for gaming data to be altered in any way.

To further help players earn more, Fairspin has earlier this month added over 100 live games by Evolution Gaming, giving players the spirit of a traditional casino with games like poker, baccarat, and blackjack.

The platform is also running tournaments. From July 1 to August 24, players can participate in a Money Chase by Booongo tournament with a total prize pool of €280,000 ($325,000), and from July 13 to August 3 in a Hit That Sweet Slot tournament being run by Betsoft, with a prize pool of €45,000 ($52,200).

On its Telegram channel, Fairspin runs promotions and gives away free spins, so don’t miss out and follow them there.

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