Minimum deposit and minimum withdrawal. - page 4.

redsun114

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Quote from: minime0105 on December 11, 2022, 03:00:12 AM

Do you know that stating that someone should bet much in casino because of withdrawal aspect, do you realize that casino is a gamblling which you hold it at hand, because you can lose or you win it because the way I'm seeing gambling, what i can encourage is that someone should invest in gambling what it can afford to lose, because the way I'm seeing what's happening in gambling it's not what someone can bring it's fund to invest.

I bet he knows that already but who wouldn't be? It only takes a common sense to know that gambling places are so risky as you can lose your money on them if you won't win. Minimum deposits on most gambling sites are usually low and very affordable even for a small gambler so what you are saying there of invest only amounts that we can afford to lose can still be followed.

We only need to make sure that we don't keep on redepositing once we lose the money that is intended for playing. We need to take a rest and come back playing again after some time to ensure that we won't be addicted. Anyway, there's also a gambling site which lets you invest on them.

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Quote from: piebeyb on December 11, 2022, 01:32:43 AM

Quote from: worle1bm on November 10, 2022, 01:04:50 AM

Yes the minimum deposit is comparatively low in most of the casino taking small gamblers also into mind but there are different restrictions on the withdrawal amount like you need to gain some amount from your bet say $10 minimum to withdraw covering your fees as well but deposit are very low which can be easily induced.

as we know the casino will not let you bring small money from their site, play more games to withdraw more money from the casino and that's why the minimum deposit limit is very low because it aims to attract small gamblers like me for example

well at least I still choose to look for casinos that provide deposit bonuses so that besides being able to use my deposit money I can also play with that bonus

Do you know that stating that someone should bet much in casino because of withdrawal aspect, do you realize that casino is a gamblling which you hold it at hand, because you can lose or you win it because the way I'm seeing gambling, what i can encourage is that someone should invest in gambling what it can afford to lose, because the way I'm seeing what's happening in gambling it's not what someone can bring it's fund to invest.

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Quote from: Queentoshi on November 02, 2022, 04:24:35 PM

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?

- If the only budget of a gambler is 10$ and it is not included in a casino that he checked, there are many other casinos here in cryptocurrency that accept a minimum deposit of 10$. But if you gamble for only 1$ in an online casino I think it is not good to be a gambler. Let's not make the online casino a cheap one.

Then the only thing that is always encouraged by most online casinos here in the crypto space is that when a gambler makes a deposit, there is a 100% bonus depending on the trick of a gambling platform.

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Quote from: traderethereum on December 11, 2022, 02:08:32 AM

Quote from: ajochems on December 10, 2022, 06:39:07 PM

It’s better to keep some additional money as compared to the minimum deposit.The minimum deposit option is just to allow you to check the available games in the casino.Because the games available always will had huge dollars is needed to play most of the games.So we cannot try most of the gambling using the minimum deposit money.Add some additional money to get the full entertainment from it.

If it's money that you don't use, you can deposit more than the minimum deposit amount so you can use it to play games that require a minimum deposit to get the bonus and also play other games.
I sometimes use that method because I can deposit more money than the deposit amount.
But maybe that won't apply to people who play gambling just for fun and don't care about anything else.
They want to reach the minimum deposit amount to play gambling and if that means they can get a bonus from the minimum deposit, that's a gift for them.

The thing is, if your deposit is only minimum you can't try and enjoy many games since you have limited funds and worse if you're not lucky with the first game you play, you might lose it early. So it depends on the players why they gamble, is it to try your luck and earn? Or to enjoy the games and entertain yourself? If the latter is your reason then it's not much a concern if you only have minimum amount for deposit. Though we often advice to just play in moderation with the money you can afford to lose so that you'll have no regrets even you lose your money in gambling.

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Quote from: Queentoshi on November 02, 2022, 04:24:35 PM

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?

You should have asked your friend, he would have recommended you a reputable gambling website that would have accepted a deposit of $10 or less as users could fund their wallets with other coins and tokens in some casinos.
Answers to your questions: It may, but it does not limit the amount you can bet on each game, you can bet as little as that amount. So, if a casino requires more than your threshold, you can deposit more than that amount and keep the rest in the casino, and if you win more than the amount you know you can withdraw, you can withdraw all of your money. Another reason I believed the casino required more than that amount was the possibility of having sufficient funds within the company.

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Quote from: ajochems on December 10, 2022, 06:39:07 PM

It’s better to keep some additional money as compared to the minimum deposit.The minimum deposit option is just to allow you to check the available games in the casino.Because the games available always will had huge dollars is needed to play most of the games.So we cannot try most of the gambling using the minimum deposit money.Add some additional money to get the full entertainment from it.

If it's money that you don't use, you can deposit more than the minimum deposit amount so you can use it to play games that require a minimum deposit to get the bonus and also play other games.
I sometimes use that method because I can deposit more money than the deposit amount.
But maybe that won't apply to people who play gambling just for fun and don't care about anything else.
They want to reach the minimum deposit amount to play gambling and if that means they can get a bonus from the minimum deposit, that's a gift for them.

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Quote from: worle1bm on November 10, 2022, 01:04:50 AM

Yes the minimum deposit is comparatively low in most of the casino taking small gamblers also into mind but there are different restrictions on the withdrawal amount like you need to gain some amount from your bet say $10 minimum to withdraw covering your fees as well but deposit are very low which can be easily induced.

as we know the casino will not let you bring small money from their site, play more games to withdraw more money from the casino and that's why the minimum deposit limit is very low because it aims to attract small gamblers like me for example

well at least I still choose to look for casinos that provide deposit bonuses so that besides being able to use my deposit money I can also play with that bonus

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Quote from: Queentoshi on November 02, 2022, 04:24:35 PM

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?

Even without been told, one should know that a casino with minimum deposit and withdrawal should have greater number of users and visitors especially if the casino is still a very new one because, people wouldn't want to try out a new casino to see it's features with a relatively reasonable sum of money but rather they will want to check it out with something very little and unreasonable before going on to try it with much more better amount.
The same thing applies with minimum withdrawal as there is no need putting a minimum deposit and making one having to struggle to play lots of games just to reach a certain amount for withdrawal.
I think from my perspective that withdrawals should also be relatively minimum and ease of usage.

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Quote from: doomloop on November 07, 2022, 02:06:55 PM

Quote from: goinmerry on November 06, 2022, 06:51:34 PM

Quote from: robelneo on November 06, 2022, 06:32:22 PM

Coming from a third-world country, $1 is already a big amount it's equivalent to 2 lottery tickets here and you still have $0.20 change I consider the $1 deposit as a good consideration for people coming from a third-world country, for $1 they can test the
the site, but there should be a minimum threshold to withdraw, or there will be congestion if they will allow no minimum withdrawal.

Gambling sites don't need to give that consideration to users from 3rd world countries. If the budget is really not that big, these people should not try their luck at gambling. A $1 deposit also requires fees and if multiple $1 will be deposited at different times, these people are just wasting some money on fees.

There should be a local gambling place that is present at these places. That's where they can gamble their low-budget amount and not on online gambling sites.

Like it or not, there will always be gambling sites like that who care about small players and that is why they don't set a minimum deposit but just minimum withdrawal. This is to avoid spamming the network as what @robelneo said. There are fees for depositing but if they will use cheap alts, they will still be left with something. They can try their luck on games with huge multipliers and If they ever they get lucky, they can turn their dollar to a decent amount.

There are offline gambling but they are not that accessible compared to online. You will need to commute and pay. Can't imagine how will be left with your one dollar if you will insist of gamble on them.

Still, if the budget is really low, why gamble? Can we just rely on luck? Can we just depend on it? People might not realized that even they are doing small bets, they don't realized that the actual spending is now higher.

If that is easy to achieve, then we shouldn't have any financial problems now.

Try to read the main post. In that situation, it does not make sense for me to just gamble.

ajochems

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It’s better to keep some additional money as compared to the minimum deposit. The minimum deposit option is just to allow you to check the available games in the casino. Because the games available always will had huge dollars is needed to play most of the games. So we cannot try most of the gambling using the minimum deposit money. Add some additional money to get the full entertainment from it.Maximum amount to be added to gain a good money from the investment of the gambling website. But some will use the average money to get few bet as compared to most of the gambling sites and used by the people of gambling.

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Quote from: Obari on November 24, 2022, 09:40:09 PM

Quote from: Queentoshi on November 02, 2022, 04:24:35 PM

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?

Many people like myself would only love to try out new casinos with relatively small deposit or minimum deposit as per say because I wouldn't dare to try my luck for the first time on a casino I just came across with any reasonable money at first.
At this point, I'm not doing this with expections to win a bet but to see the efficiency of a casino and if I lose it's fine and if I also win is an added advantage to me .

The next thing I always look at for in a casino I just came across is the minimum withdrawal and the requirements for withdrawal.
Most times, my deposit actually depends on tye withdrawal and it's terms in the site but I would also say that minimum withdrawal will go a very long way to promote a particular casino.

Well the truth is I also do the same, the first thing I check is the minimum withdrawal and then the minimum deposit, although to be honest there are few casinos that require a minimum deposit, because it starts as you say with 1USD, I think what matters here is that the withdrawal is minimal to be able to hook many players, because you know that with 10usd they can get 20, 30USD if they have the corresponding luck, although for me 10us is very little to prove luck, unless you play in a slot that do not ask so much to start, I say this because I always look for slots, so this is something that tells me that it can be a good casino.

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Quote from: Queentoshi on November 02, 2022, 04:24:35 PM

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?

Many people like myself would only love to try out new casinos with relatively small deposit or minimum deposit as per say because I wouldn't dare to try my luck for the first time on a casino I just came across with any reasonable money at first.
At this point, I'm not doing this with expections to win a bet but to see the efficiency of a casino and if I lose it's fine and if I also win is an added advantage to me .

The next thing I always look at for in a casino I just came across is the minimum withdrawal and the requirements for withdrawal.
Most times, my deposit actually depends on tye withdrawal and it's terms in the site but I would also say that minimum withdrawal will go a very long way to promote a particular casino.

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Quote from: Queentoshi on November 02, 2022, 04:24:35 PM

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?

Both minimum deposit and withdrawal are a great edge for the casinos to entice it's intending customers.
Most times first time players wouldn't want to go all in or risking much money while surfing round the site, so if a casino has a minimum deposit upto $1, that will be a very nice selling point for the casino as an intending player would want to give the site a trailer but another thing is the fact that withdrawal also accertain how freely a player will be willing to deposit in a casino because a casino with a minimum deposit of $1 shouldn't be having a minimum withdrawal above $2.
So I think both minimum deposit and withdrawal are both great selling point for intending customers.

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Quote from: worle1bm on November 10, 2022, 01:04:50 AM

Yes the minimum deposit is comparatively low in most of the casino taking small gamblers also into mind but there are different restrictions on the withdrawal amount like you need to gain some amount from your bet say $10 minimum to withdraw covering your fees as well but deposit are very low which can be easily induced.

True, so far I do not see casino set too big minimum deposit. Most reputable bitcoin/crypto casinos does let users to deposit few cents-bucks only but of course most casinos set a minimum withdrawal. Most crypto casinos also has low minimum withdrawal as well although we cant deny the fact that there are some sites with high minimum withdrawal.

Quote from: Reatim on November 10, 2022, 01:23:16 AM

and some even asked for wagering requirements before withdrawals , but some questionable sites even ask for KYC before letting you get the funds because of their own intention to banned or blocked your account.

Wagering requirement of the deposited money before withdrawal is a common thing, most casino apply it to prevent money laundering. On the other side, I do hate those casinos that ask KYC on withdrawal without solid reasons.

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Quote from: xSkylarx on November 10, 2022, 08:34:58 AM

Quote from: Reatim on November 10, 2022, 01:23:16 AM

Quote from: worle1bm on November 10, 2022, 01:04:50 AM

Yes the minimum deposit is comparatively low in most of the casino taking small gamblers also into mind but there are different restrictions on the withdrawal amount like you need to gain some amount from your bet say $10 minimum to withdraw covering your fees as well but deposit are very low which can be easily induced.

and some even asked for wagering requirements before withdrawals , but some questionable sites even ask for KYC before letting you get the funds because of their own intention to banned or blocked your account.
this is the same reason why we need to engage only to those popular and trusted gambling sites that we had in forum and even those sites that being published till this day.

I agree with the KYC before withdrawing, but it's their policy; before we withdraw our money, we need to do KYC; if we do, we will be able to get our money. On the other hand, gamblers still want a new look, new features, and new games to bet on, which is why most gamblers want to try those new websites that were put up and deposit a small amount of money just to try and feel the website, then if they like it, they will deposit more and play on that gambling website constantly.

We have lots of sites or platforms that we do have in the market today but its true that gamblers or people would really be endlessly looking for something new and thats the reason on why they do really
test out specially those newly launched or existing sites.If they do find out to be interesting then they would be simply sticking into it, but if not then they would be simply ignoring it.
Speaking about withdrawal and deposit minimum then this would really vary on each site but in overall it doesnt really have much that difference in terms of numbers
thats why its not really that something surprising.

Sandra_hakeem

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Yeahhhh ...
Actually, a user could have some difficulties in deciding whether or not to exceed their budget for a casino on that level....the could prolly make fast decisions if it entails the exact preference they'd always long for, alright?
Like, if I'm looking at getting odds on my ground stake but it becomes a combo game entirely, when bonuses are added.... The odds increases and ofcourse, your potential winning increases too. If I'm being given a condition not to deposit below $10 in that casino, which I already have as my target -- then I'll have to decide if I'd wanna win big or not.
Another thing is the PASSION; this matters alot and it's what thrives them...(some will say it's GREED, yes but remember, you'll need to be passionate about gambling and how it works -- in the first place) after all, we have a thousand and one ways to make easy cash.

Sandra 💇

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Quote from: Fundamentals Of on November 07, 2022, 08:16:32 PM

Quote from: maydna on November 07, 2022, 05:12:10 AM

Quote from: Fundamentals Of on November 06, 2022, 10:22:07 PM

-snip-

We are the ones who have to adjust to the casino because we are the ones who want to gamble. If the minimum deposit is above our budget, we are better off looking for another casino that has the lowest minimum limit of our budget. It won't force us to try to deposit some budget to gamble. In addition, we also don't need to change the budget we have just for gambling because when we find a casino with a minimum deposit that is lower than our budget, it means we can deposit more than that and play gambling. By knowing the casino with the lowest minimum deposit, we don't have to worry about how we can increase the amount of the budget and not use the budget for other things.

On my part, I think I won't be moving to another casino simply because I don't have the minimum deposit for my casino of choice yet. For me, the minimum deposit is not the determining factor in choosing a casino. There are many other bases in choosing a casino and it is not a very special consideration that a casino should have a very low minimum deposit, although it definitely matters. So I guess I would just save more money and go back to the same casino as soon I have the necessary amount.

I think there are many people who think like you, and it is a very intelligent way of thinking, when you are in casinos that are really very good and you have never had any kind of problem, what do you gain by being a little more creative looking and risking in other casinos? perhaps its portions can attract attention, the apparent advantage of when you are in a really recognized casino with a high reputation is that we can be very calm with the issue of withdrawals, deposits and KYC, in my case I have always been in stake. com and other casinos, and I don't mind giving KYC because I know they are very stable and reliable casinos.

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Quote from: Reatim on November 10, 2022, 01:23:16 AM

Quote from: worle1bm on November 10, 2022, 01:04:50 AM

Yes the minimum deposit is comparatively low in most of the casino taking small gamblers also into mind but there are different restrictions on the withdrawal amount like you need to gain some amount from your bet say $10 minimum to withdraw covering your fees as well but deposit are very low which can be easily induced.

and some even asked for wagering requirements before withdrawals , but some questionable sites even ask for KYC before letting you get the funds because of their own intention to banned or blocked your account.
this is the same reason why we need to engage only to those popular and trusted gambling sites that we had in forum and even those sites that being published till this day.

I agree with the KYC before withdrawing, but it's their policy; before we withdraw our money, we need to do KYC; if we do, we will be able to get our money. On the other hand, gamblers still want a new look, new features, and new games to bet on, which is why most gamblers want to try those new websites that were put up and deposit a small amount of money just to try and feel the website, then if they like it, they will deposit more and play on that gambling website constantly.

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Quote from: worle1bm on November 10, 2022, 01:04:50 AM

Yes the minimum deposit is comparatively low in most of the casino taking small gamblers also into mind but there are different restrictions on the withdrawal amount like you need to gain some amount from your bet say $10 minimum to withdraw covering your fees as well but deposit are very low which can be easily induced.

Limitations on the minimum deposit at each casino are normal because the owners of each casino are also different so they will think about what the minimum deposit amount is at their casino. And the transaction fees at each casino will also be different because each casino's policies are different. And I think it will depend on how much money we will use to gamble at that casino and I suggest looking for a casino with a minimum deposit and a good reputation to avoid problems.

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Quote from: Queentoshi on November 02, 2022, 04:24:35 PM

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?

Most of the websites have minimum deposit restrictions. This is not to discourage new or small gamblers. You need to understand their business model as well. Their main revenue will come from big gamblers only who play frequently. And there are resources consumed on the app or website for each player. So having lot of small gamblers can in fact be loss for them. Also, there has to be good winning amounts in different types of games. If there are most of the players with small deposit only, how will they be able to pay big winning amounts.

However, of you still have limited budget, there is no lack of options. You can try free gambling websites. They have less prizes but you can participate there with less money or even no money. You will enjoy the thrill and joy of playing just like big sites.

Topic: Minimum deposit and minimum withdrawal. - page 4. (Read 1673 times)