Proof Of Income Will This Pass - page 2.

aioc

hero member

Activity: 2870

Merit: 564

Quote from: Saisher on December 08, 2022, 05:03:08 AM

Ok, suddenly the casino you're playing asks you for proof of income to be able to withdraw your winnings and to keep your account in good standing, your bankroll every month is $500 and you provide proof of salary that you are making $500 net every month, will they accept that proof will they accept that you are putting all your salary for gambling, will this violate the principle of gamble for fun, because you are working to gamble based on your proof income.

They will definitely accept that but not if you're salary is only $500 a month and you deposit $500 weekly that would make it questionable and the casino will ask you for more proof of income not only on your salary but other documents that will prove that you can sustain your bankroll and you are not working just to gamble, even if you're living with your parents there should be right allocation on all your basic needs.

Russlenat

hero member

Activity: 2716

Merit: 904

Quote from: passwordnow on December 10, 2022, 02:33:36 AM

Quote from: goinmerry on December 09, 2022, 07:49:16 PM

I want to ask first if there's a case before where a gambling site asks for proof of income. If yes, can you share it?

I think there's this thread in this section where stake asked the OP for proof of income.

Quote from: goinmerry on December 09, 2022, 07:49:16 PM

If that thing will be asked of me, that's already too much since the gambling site has nothing to do with our source of income as long as we were able to make deposits on their site legally. They supposed should not care about that part of our personal life.

I would have the same opinion that the casino shouldn't worry and think of what we do in our personal lives. But if it's written on their books that it's one document that they have to ask to someone that might have some activities that they detected to check, one has just to be obliged to comply.

It’s part of KYC so they can have an assurance that we are not money launderers, so if we want to gamble at peace, we should comply whatever they ask for as long as it’s legal. And I think they don’t care if all our salary net goes to gambling, it’s in us that we should put limits when gambling.

RILWAN

member

Activity: 742

Merit: 12

Global peace initiative

Quote from: ajochems on December 10, 2022, 07:50:03 PM

When you had a job for the monthly income from some companies over a period of 2 years. Then the account was enroll as the salary account. So then if you withdraw the money from casino it was seems to be the funds from your salary. Even it may not from the income of salary, this case make to pass such things due to the old transaction. Then it became easy to withdraw the gambling money. No need to pay separate tax for this. It’s best way to use the salary account for the gambling site and to win. When the pass of bank account was approved, it’s essential one for the gambling withdraw money from it.

I think what casinos are looking for from proof of income is to check whether the player pays the right tax or not from their winning from the casino am sure casinos only ask for such documents when the player already has a history of past big wins and withdrawals.

Sanitough

hero member

Activity: 2702

Merit: 662

Play Bitcoin PVP Prediction Game

Quote from: len01 on December 10, 2022, 05:01:57 AM

Quote from: Saisher on December 08, 2022, 05:03:08 AM

Ok, suddenly the casino you're playing asks you for proof of income to be able to withdraw your winnings and to keep your account in good standing, your bankroll every month is $500 and you provide proof of salary that you are making $500 net every month, will they accept that proof will they accept that you are putting all your salary for gambling, will this violate the principle of gamble for fun, because you are working to gamble based on your proof income.

i think it doesn't matter. because the casino only wants the reputation of the player and the casino to remain good.
all I know when the casino asks for proof of your salary is just to prove that you really put in $ 500 of your job salary. because what the casino fears every time you put money into the casino with the same amount every time is afraid if the money is the result of money laundering or corruption.
so if the casino has received proof of your salary they will be fine.

Right. The casino needs your proof of income for verification only to prove that you are not making money out from any fraudulence. So if you are making just the right income you have in your bankroll, then it won’t matter all, you will still be allowed to gamble anytime you want. The casino after all is only concern for their own reputation, and maybe not yours lol.

carlfebz2

hero member

Activity: 2926

Merit: 722

Quote from: Casdinyard on December 14, 2022, 03:41:15 PM

Quote from: panganib999 on December 14, 2022, 02:56:57 PM

Quote from: Saisher on December 08, 2022, 05:03:08 AM

Ok, suddenly the casino you're playing asks you for proof of income to be able to withdraw your winnings and to keep your account in good standing, your bankroll every month is $500 and you provide proof of salary that you are making $500 net every month, will they accept that proof will they accept that you are putting all your salary for gambling, will this violate the principle of gamble for fun, because you are working to gamble based on your proof income.

I'm not sure about it but I don't think the gambling site will be that keen to review your expenses upon your issuance of Proof of Income. It's all a matter of self-principle. You yourself feel like you're doing too much and have begun to spend most if not all of your money in gambling. The casino could care less about where you put your money. They just need the proof of income to make sure you are not a robot or a hacker if I'm not mistaken. So as a for fun gambler, if you feel like you have already gone too far, so as to spend all your salary for gambling, maybe how the gambling site thinks of your expense report should be the least of your concern. You should have yourself checked to a therapist or a psychiatrist because that could be a defining sign you are addicted.

I would agree with the fact that the gambling company couldn't care less about where you spend your money, just where you got it from, thus the reason why they are asking about proof of income. And I also think the OP's question may be a bit deep-seated and could be an indicator that the person he is pertaining to is now at least subjected to gambling addiction, that's why he needs to be checked if ever. The casino wouldn't care if you spent 500 bucks or 500 thousand bucks on them, it's how you think about spending that money that would matter. if you think you are doing too much already, then maybe it's time to reconsider your choices and see if you can get help in a way or another.

You are the only ones who could really help out yourself and the ones who could see whether you are already spending that much or not.When it comes to proof of income kind of thingy then i do believe that

houses would really be asking out on the time that it do trigger out their security measures or something that they are really that boggling on where those funds came from specially if we do talk about

bigger ones.As a centralized platform and do abide with some laws and regulations then they would really be at least caring out on where those funds came from and
this is where they do ask out those proof of income.

pungopete468

hero member

Activity: 1470

Merit: 504

If you got your income together legally, then it shouldn't be a problem, right? I also don't think gambling sites have the right to go into much more detail about this. And then there, how is a gambling site going to check something like that? If they want to elaborate on that, it's usually a sign that you can't trust the site and that they're stretching things. Too bad, because it should only be for administration and not to perform all kinds of checks. After all, a gambling site has absolutely no power and authorization to carry out such checks.

Casdinyard

hero member

Activity: 1988

Merit: 875

Leading Crypto Sports Betting and Casino Platform

Quote from: panganib999 on December 14, 2022, 02:56:57 PM

Quote from: Saisher on December 08, 2022, 05:03:08 AM

Ok, suddenly the casino you're playing asks you for proof of income to be able to withdraw your winnings and to keep your account in good standing, your bankroll every month is $500 and you provide proof of salary that you are making $500 net every month, will they accept that proof will they accept that you are putting all your salary for gambling, will this violate the principle of gamble for fun, because you are working to gamble based on your proof income.

I'm not sure about it but I don't think the gambling site will be that keen to review your expenses upon your issuance of Proof of Income. It's all a matter of self-principle. You yourself feel like you're doing too much and have begun to spend most if not all of your money in gambling. The casino could care less about where you put your money. They just need the proof of income to make sure you are not a robot or a hacker if I'm not mistaken. So as a for fun gambler, if you feel like you have already gone too far, so as to spend all your salary for gambling, maybe how the gambling site thinks of your expense report should be the least of your concern. You should have yourself checked to a therapist or a psychiatrist because that could be a defining sign you are addicted.

I would agree with the fact that the gambling company couldn't care less about where you spend your money, just where you got it from, thus the reason why they are asking about proof of income. And I also think the OP's question may be a bit deep-seated and could be an indicator that the person he is pertaining to is now at least subjected to gambling addiction, that's why he needs to be checked if ever. The casino wouldn't care if you spent 500 bucks or 500 thousand bucks on them, it's how you think about spending that money that would matter. if you think you are doing too much already, then maybe it's time to reconsider your choices and see if you can get help in a way or another.

panganib999

hero member

Activity: 1722

Merit: 589

Quote from: Saisher on December 08, 2022, 05:03:08 AM

Ok, suddenly the casino you're playing asks you for proof of income to be able to withdraw your winnings and to keep your account in good standing, your bankroll every month is $500 and you provide proof of salary that you are making $500 net every month, will they accept that proof will they accept that you are putting all your salary for gambling, will this violate the principle of gamble for fun, because you are working to gamble based on your proof income.

I'm not sure about it but I don't think the gambling site will be that keen to review your expenses upon your issuance of Proof of Income. It's all a matter of self-principle. You yourself feel like you're doing too much and have begun to spend most if not all of your money in gambling. The casino could care less about where you put your money. They just need the proof of income to make sure you are not a robot or a hacker if I'm not mistaken. So as a for fun gambler, if you feel like you have already gone too far, so as to spend all your salary for gambling, maybe how the gambling site thinks of your expense report should be the least of your concern. You should have yourself checked to a therapist or a psychiatrist because that could be a defining sign you are addicted.

cabron

hero member

Activity: 2800

Merit: 595

https://www.betcoin.ag

Quote from: Yatsan on December 14, 2022, 10:01:51 AM

One thing; why? For taxation purposes? LOL
First of all, a gambling site has record of your winnings as their player, that would be easy to retreieve especially if you are just using one wallet address. Also, I don't really get the point why a gambling site would do such thing. What about those who are just continuously losing? Will they have something to show? (sounds funny to some but there are really cases of such). First is KYC then some sort of a SOA from the player? kinda crazy if this would even be one of the requirements. I'd rather play on land-based casino for some reasons.

Quote from: Plaguedeath on December 14, 2022, 06:11:40 AM

Quote from: ethereumhunter on December 14, 2022, 05:31:35 AM

We will never know because casinos can apply various things for the verification process and even ask for proof of our salary or income. But what if we don't have proof of salary but can make money from what we do?

But the casino will implement a verification process that doesn't burden its users because it can make users uncomfortable doing it. And hopefully, the casino will not ask many things for the verification of their members and will only use a basic verification.

The casinos doesn't need to follow the gamblers desire, but the gamblers are must following the casinos terms of services. They don't care if the requirements are really a lot and make the gamblers uncomfortable, the casinos will just freeze the funds and wait until the gamblers want to submit the whole KYC. Actually before you're want to use the service, you must to read the whole terms of services, this has been a warning when you're creating a new account.

Gambling sites would follow their players' demand. Think of how many gambling platforms are there in this industry. Make a move showing inappropriate rule and you're doomed. A player could just move from one another while the platform would wait for players to come at them. Freezing the fund should never be an option that would tag the casino as a scam project.

In the crypto world where a small accusation can bring the casino's reputation down, it's risky for the casinos.

It would be too nosey for a casino to just do something about the user earning $500 net a month and putting it all on gambling. They don't care whether the user is gambling for fun or not. I'm saying this as a complementary but it will not be fun once you win big and the casino freezes your money because that's where the fun ends.

Yatsan

legendary

Activity: 2380

Merit: 1231

Leading Crypto Sports Betting & Casino Platform

One thing; why? For taxation purposes? LOL
First of all, a gambling site has record of your winnings as their player, that would be easy to retreieve especially if you are just using one wallet address. Also, I don't really get the point why a gambling site would do such thing. What about those who are just continuously losing? Will they have something to show? (sounds funny to some but there are really cases of such). First is KYC then some sort of a SOA from the player? kinda crazy if this would even be one of the requirements. I'd rather play on land-based casino for some reasons.

Quote from: Plaguedeath on December 14, 2022, 06:11:40 AM

Quote from: ethereumhunter on December 14, 2022, 05:31:35 AM

We will never know because casinos can apply various things for the verification process and even ask for proof of our salary or income. But what if we don't have proof of salary but can make money from what we do?

But the casino will implement a verification process that doesn't burden its users because it can make users uncomfortable doing it. And hopefully, the casino will not ask many things for the verification of their members and will only use a basic verification.

The casinos doesn't need to follow the gamblers desire, but the gamblers are must following the casinos terms of services. They don't care if the requirements are really a lot and make the gamblers uncomfortable, the casinos will just freeze the funds and wait until the gamblers want to submit the whole KYC. Actually before you're want to use the service, you must to read the whole terms of services, this has been a warning when you're creating a new account.

Gambling sites would follow their players' demand. Think of how many gambling platforms are there in this industry. Make a move showing inappropriate rule and you're doomed. A player could just move from one another while the platform would wait for players to come at them. Freezing the fund should never be an option that would tag the casino as a scam project.

Plaguedeath

hero member

Activity: 672

Merit: 557

Quote from: ethereumhunter on December 14, 2022, 05:31:35 AM

We will never know because casinos can apply various things for the verification process and even ask for proof of our salary or income. But what if we don't have proof of salary but can make money from what we do?

But the casino will implement a verification process that doesn't burden its users because it can make users uncomfortable doing it. And hopefully, the casino will not ask many things for the verification of their members and will only use a basic verification.

The casinos doesn't need to follow the gamblers desire, but the gamblers are must following the casinos terms of services. They don't care if the requirements are really a lot and make the gamblers uncomfortable, the casinos will just freeze the funds and wait until the gamblers want to submit the whole KYC. Actually before you're want to use the service, you must to read the whole terms of services, this has been a warning when you're creating a new account.

ethereumhunter

hero member

Activity: 2856

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: Fundamentals Of on December 13, 2022, 11:06:53 PM

I think this would pass the proof of income requirement. Giving them a proof that you actually have a salary that supports your deposits is probably enough. Your proof of salary doesn't mean you don't have any other source of income. It does not presume that.

I don't think gambling platforms implement something like the principle of gamble for fun. I don't know if they're this intrusive that they won't allow you to gamble because your deposit is a big percentage of your salary. Most of them don't even care.

We will never know because casinos can apply various things for the verification process and even ask for proof of our salary or income. But what if we don't have proof of salary but can make money from what we do?

But the casino will implement a verification process that doesn't burden its users because it can make users uncomfortable doing it. And hopefully, the casino will not ask many things for the verification of their members and will only use a basic verification.

Fundamentals Of

sr. member

Activity: 2296

Merit: 366

I think this would pass the proof of income requirement. Giving them a proof that you actually have a salary that supports your deposits is probably enough. Your proof of salary doesn't mean you don't have any other source of income. It does not presume that.

I don't think gambling platforms implement something like the principle of gamble for fun. I don't know if they're this intrusive that they won't allow you to gamble because your deposit is a big percentage of your salary. Most of them don't even care.

rodskee

full member

Activity: 2338

Merit: 191

★Bitvest.io★ Play Plinko or Invest!

Quote from: bitcoindusts on December 10, 2022, 01:17:09 AM

Quote from: harizen on December 09, 2022, 06:32:02 PM

Quote from: Saisher on December 08, 2022, 05:03:08 AM

What basically they will gain if we are able to give proofs that we are making around $500 a month?

Peace of mind? Grin

but what if not that huge yet they asks for KYC? because this is what normally happens now and the casino sites are using this to their advantage trying to hinder the payment or at least make it longer to pay the winner.
imagine some of them even took months before finally bringing the funds out? and also some players/winners knows nothing where to bring this up and some of them losing hope and just giving up.
not all knows how to put the case in proper forum like this that ended up them losing the funds from these sites either legit or not.

Obari

sr. member

Activity: 560

Merit: 424

I buy all valid country Gift cards swiftly.

Quote from: Saisher on December 08, 2022, 05:03:08 AM

will they accept that proof will they accept that you are putting all your salary for gambling, will this violate the principle of gamble for fun, because you are working to gamble based on your proof income.

What they needed was a prove of income to ascertain that my money for gambling was coming from a legitimate source and not trying to rule my life and telling me what to do with my hard earned money especially when I pay my bills and leave no debts behind.
Definitely yes it will violate the principle of gambling for fun because there is no reason why one should be restricted from gambling when there is no negative report on their mental health or any negative remark or review on them.
Everyone has the right to gambling as long as your country permits it and you're of age.

alegotardo

legendary

Activity: 2352

Merit: 1121

☢️ alegotardo™️

Quote from: Saisher on December 08, 2022, 05:03:08 AM

Ok, suddenly the casino you're playing asks you for proof of income to be able to withdraw your winnings and to keep your account in good standing, your bankroll every month is $500 and you provide proof of salary that you are making $500 net every month, will they accept that proof will they accept that you are putting all your salary for gambling, will this violate the principle of gamble for fun, because you are working to gamble based on your proof income.

Not just casinos, but I have also seen many exchanges require absurd documents in order to release players' money.

Strangely, they only ask for these documents when the player tries to withdraw, why?

If the casino suspects you're spending more money than you should, they should block deposits, not withdrawals, agree with me?

Blocking withdrawals always causes a bad impression, most online casinos that have an excellent reputation take great care with this, as no player tolerates an abusive practice of withholding player money under the pretense that they are just complying with KYC.

In any case, every casino has its own laws and way of validating the documents sent to it.
If the blocked amount is really important to you, send all the documents they ask you to do, as you will not have an easier alternative, unfortunately.

EdenHazard

legendary

Activity: 2674

Merit: 1048

Quote from: Solosanz on December 10, 2022, 05:26:23 AM

Quote from: len01 on December 10, 2022, 05:01:57 AM

i think it doesn't matter. because the casino only wants the reputation of the player and the casino to remain good.
all I know when the casino asks for proof of your salary is just to prove that you really put in $ 500 of your job salary. because what the casino fears every time you put money into the casino with the same amount every time is afraid if the money is the result of money laundering or corruption.
so if the casino has received proof of your salary they will be fine.

I don't think there's a casino will accuse their users get money from laundering or corruption when the gamblers only spend $500/month, it's small amount for the casino since they can make much much more higher than that. Also when you're deposit with the same amount every month, the casino will recognize if it's from your salary since most people get paid every month.

I believe the casino just want to collect more KYC in order to more know about the gamblers, there's no any reason except that.

Doesn't makes sense at all for me.

If they do , it's probably an unfair casino tha looking for reasons to hold customer funds which yeah it's a scam attempt by chance. Or if the casino legitimate enough to ask that ... could be mean that there's a request from the regulator and the casino can't do much to refuse it.

coin-investor

hero member

Activity: 2814

Merit: 571

Leading Crypto Sports Betting & Casino Platform

Quote from: Saisher on December 08, 2022, 05:03:08 AM

Ok, suddenly the casino you're playing asks you for proof of income to be able to withdraw your winnings and to keep your account in good standing, your bankroll every month is $500 and you provide proof of salary that you are making $500 net every month, will they accept that proof will they accept that you are putting all your salary for gambling, will this violate the principle of gamble for fun, because you are working to gamble based on your proof income.

They ask your proof of income you provide and if it did not exceed your bankroll then you are good to go, there are still ways where you can get money to play not only coming from your income, like a sale of property from the inheritance you are not violating the principle of a gamble for fun when you only spend that amount of money it's not even $5000, you are still good to go unless they ask for more proof and you cannot provide anymore except your income.

qwertyup23

hero member

Activity: 2212

Merit: 786

Quote from: Saisher on December 08, 2022, 05:03:08 AM

Ok, suddenly the casino you're playing asks you for proof of income to be able to withdraw your winnings and to keep your account in good standing, your bankroll every month is $500 and you provide proof of salary that you are making $500 net every month, will they accept that proof will they accept that you are putting all your salary for gambling, will this violate the principle of gamble for fun, because you are working to gamble based on your proof income.

An automatic deduction of a certain amount from my payroll to the gambling website? This is absurd and I doubt that anyone would agree to this kind of setup. This is not only potentially dangerous but you are putting yourself in a situation where you are digging a grave. Instead of allocating a portion of your income to gambling, it is better that you explore other modes of entertainment.

This kind of situation contemplates a system where the gambler can monthly fund their earnings on the website. This will most likely result to a destructive and dangerous outcome since the gambling website is creating an addiction to the user.

ajochems

hero member

Activity: 1305

Merit: 511

When you had a job for the monthly income from some companies over a period of 2 years. Then the account was enroll as the salary account. So then if you withdraw the money from casino it was seems to be the funds from your salary. Even it may not from the income of salary, this case make to pass such things due to the old transaction. Then it became easy to withdraw the gambling money. No need to pay separate tax for this. It’s best way to use the salary account for the gambling site and to win. When the pass of bank account was approved, it’s essential one for the gambling withdrawal money from it.

Topic: Proof Of Income Will This Pass - page 2. (Read 812 times)