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Topic: Minimum deposit and minimum withdrawal. - page 11. (Read 1673 times)

hero member
Activity: 1918
Merit: 564
November 02, 2022, 04:59:31 PM
#6
It is already given, the lower the deposit requirement, the more people are able to play or test their casino platform.  Casino need to adjust in this area so that they can cater more players specifically the minnows.  Same apply with withdrawal, With lower withdrawal minnows who wanted to pocket their winnings will be satisfied because they are able to withdraw in as little amount as possible.
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
November 02, 2022, 04:54:21 PM
#5
The minimum deposit is usually low. In crypto casinos, the minimum deposit can differ from coin to coin, there are some altcoins with a very low minimum deposit. But at least, to have fun while gambling, $10 is not much. I have used both crypto and fiat casinos very well and the ones I have used both have low minimum deposit.

Gamblers do not that care about the minimum deposit because it is usually low, even the withdrawal is usually low, but high on some gambling sites, example was a gambling site that accept only fiat that I have used before,  you can be able to even deposit $10 (maybe even less but the least I have deposited on the site before), but require $40 for withdrawal.
hero member
Activity: 2072
Merit: 542
DGbet.fun - Crypto Sportsbook
November 02, 2022, 04:45:33 PM
#4
Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble?

Might be one strategy for the bookies to attract more gamblers to try their site but for me, regardless of the minimum amount of deposit, if i like the site i would still come and play.
 
Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

There's a solution on this kind of problem, if you don't want to gamble anymore and your money is not enough for the minimum withdrawal then deposit some amount to equal the amount withdrawable for that bookies, i think bookies will allow that.
full member
Activity: 2086
Merit: 193
November 02, 2022, 04:43:51 PM
#3
This is why it’s very important to read everything first about the site before you gamble so you can know if you are allowed to gamble with a low minimum deposit and stay within your budget. Some site have a high minimum deposit to encourage those gamblers to play more and this is beyond our control. If your budget is still not enough then save it for now, and when you reach the required amount you can start to gamble now. Some site have a low minimum as well but higher minimum withdrawal, you should know this before playing.
legendary
Activity: 1750
Merit: 1329
Top Crypto Casino
November 02, 2022, 04:32:18 PM
#2
I guess because by this it is letting the gambler plays more game because if you make a deposit with one dollar only do you think the gambler makes fun of playing with it? I guess no that's why the minimum most likely is at least 10 dollars to have a better chance of playing more games and enjoying. But some of the casino today now already included in their terms and condition that they don't have a minimum deposit. Last I've seen like this is the blackjack.fun
sr. member
Activity: 924
Merit: 329
Hire Bitcointalk Camp. Manager @ r7promotions.com
November 02, 2022, 04:24:35 PM
#1
Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?
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