Proof Of Income Will This Pass - page 3.

Solosanz

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Quote from: len01 on December 10, 2022, 04:01:57 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.

len01

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Quote from: Saisher on December 08, 2022, 04:03:08 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.

passwordnow

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Quote from: goinmerry on December 09, 2022, 06:49:16 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, 06:49:16 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.

Franctoshi

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Quote from: Saisher on December 08, 2022, 04:03:08 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.

For transparency, it will be fine if you let us know the site name and maybe some evidence as regards to this, so other people will take note of site.

To add to this, Why on the first place they didn't ask you to provide this during deposit or registration?, and now after you have made some winnings and trying to withdraw your winnings, they now requested you should provide them your proof of income.

This Is fucked, Exept you have deposited huge amount of money into your account that looks suspicious, but in the case you got the winings from the platform, I see no reason why they should ask for this when they can check from their end and see you transaction history with them.

Don Pedro Dinero

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Quote from: MAAManda on December 10, 2022, 12:43:48 AM

Quote from: Saisher on December 08, 2022, 04:03:08 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 they don't even have the right to prohibit you from gambling even though your money in gambling comes from your monthly salary, of course, this will be a bad habit if you play your monthly salary for gambling. But back to the point I mentioned (bold text). Then, I also wonder, on which site do you play? is this a physical casino? I also want to know more about this. But whatever it is, if what they are asking for is an obligation to withdraw money, like it or not you have to provide the data they ask for.

You are confused. Just because he has a bankroll of $500 doesn't mean he bets $500 every month when his salary is the same amount.

With a $500 bankroll he can make $1 bets and thus minimise the risk of going bust.

When he says that he has a monthly bankroll of this amount, the most likely scenario is that if on the 1st of the month he has 350 dollars left, he puts 150 dollars out of his pocket to complete the 500 dollars, and if for example he has 600 dollars, he withdraws the 100 dollars left over to spend it.

MAAManda

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Quote from: Saisher on December 08, 2022, 04:03:08 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 they don't even have the right to prohibit you from gambling even though your money in gambling comes from your monthly salary, of course, this will be a bad habit if you play your monthly salary for gambling. But back to the point I mentioned (bold text). Then, I also wonder, on which site do you play? is this a physical casino? I also want to know more about this. But whatever it is, if what they are asking for is an obligation to withdraw money, like it or not you have to provide the data they ask for.

bitcoindusts

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Quote from: harizen on December 09, 2022, 05:32:02 PM

Quote from: Saisher on December 08, 2022, 04:03:08 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.

Maybe the better question would be, why ask that concern in the first place?

I don't see why an online casino will ask for your proof of income much especially with the amount you have given as an example.

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

Peace of mind? Grin

Assuming that the amount is too huge for a casino, and the casino is suspicious of our fund so they will asked us where is our fund coming from supposedly to comply for AML regulation. It will give them valid proof that our fund is legit when some authority look at their transactions and sees that we are depositing huge amount of money. So less headache for them because they will be spared of being accused harboring money launderers.

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Quote from: Saisher on December 08, 2022, 04:03:08 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.

Should they care about how you will spend your money?
All they want is to escape being dug by the government so they want KYC or proof of income from their players.
Now, the decision about how much money you can spend on their site is in brackets, which means a higher salary will give you a higher bracket.
It's not any different from how an exchange will decide on how much you can trade, withdrawal limits, and deposit limits. They are just trying to control everything because when you go further than that, means questions from authorities.

adzino

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Quote from: Saisher on December 08, 2022, 04:03:08 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.

The last bit you wrote is little unclear. But yes, they will accept that as a proof of income. Show them your bank statement and your employment letter and that should be enough. Doesn't matter if you receive $500 and deposit all the funds into the casino. You aren't breaking any rules of the casino and the casino to be honest won't care what you do with your funds. So you should be safe unless they have some kind of weird terms of service that says that you can't gamble all your money you earn. But don't do that...

Oilacris

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Quote from: Saisher on December 08, 2022, 04:03:08 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.

This is actually depending their own decision whether they would be accepting that income proof or would not basing on real time expense that we could have.
If you are earning $500 on a month and then having that $500 deposit on a gambling site, which means that you arent putting up something in expense for food,rent,savings and other expenses?
Pretty sure that they would really be declining if they would really be that too strict when it comes to that.Also nowadays it is really that too uncommon
for a casino to ask out for some income proof because this is usually be talking about kyc and not that income.

goinmerry

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Quote from: Saisher on December 08, 2022, 04:03:08 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 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?

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.

Is that happened to you, OP?

BitcoinPanther

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Quote from: gunhell16 on December 09, 2022, 03:16:43 AM

Quote from: Saisher on December 08, 2022, 04:03:08 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 don't see the relevance of proof of income to playing gambling said dude. It seems like I just heard of such rules that a casino asks for proof of income requirements, what I often read and hear is that they ask for KYC, what name of the casino are you referring to? Is that here at the cryptocurrency casino?

There are casinos that become suspicious of their player dude. Then they will look for their source of fund and ask them to submit POF to the casino, if you did not noticed, one of the thread hear complain about a certain casino not accepting his proof of fund after that casino became suspicious of the player thinking that the player is into money laundering. So it is relevance to playing gambling if the casino wanted it to be relevant.

Quote from: gunhell16 on December 09, 2022, 03:16:43 AM

Then the income of 500$ from gambling is consistent? it seems that I just heard this story that is not true, I still believe that you can get an income without a fixed amount every month but the one with a fixed amount of income from gambling for me this is big nonsense in my understanding because gambling is only based on luck and not every day is lucky for anyone to win.

If you are an employee, you have a fixed monthly salary. That explains the fixed deposit of the amount because @OP deposit the whole of his salary to play in a casino.

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Quote from: Oceat on December 09, 2022, 06:20:32 PM

Quote from: Cryptomultiplier on December 09, 2022, 05:54:00 PM

I don't think casinos have the right to ask such questions as regards ones' source of income. Not everyone who gambles earn salary monthly, not to talk of proof of earnings. I can even state that more gamblers don't work for a salary, and the ones who do, try to be very resourceful with their pennies because of the current season of global recession and most importantly yuletide.
If however, they were to ask before redeeming ones winnings, it would be wise to escalate to third parties with influence and also on a platform where they operate.

Their question doesn't make sense to me, because how is it connected to withdrawal? It's a bit personal if you'd ask me, they have no right of asking what is/are my work or a proof of my salary or whatever and how much I would spend on gambling.

If this is asked because they are worried you are losing too much then that's fine but if their question has something shady in it, that just prove that they are really scamming their customer.

If this question is to prevent their customers from withdrawing their winning then it's a complete scam on their part since that's what basically what happens to most gamblers. If this is a legit question you might wanna drop the name of that casino, OP.

i also think that if they will go deeper and ask more of your financials, they may be thinking of finding loopholes not to release your money. because they may ask for proof of income and that's it. but if they will ask details of your bills and other expenses, then for me that's overboard. and they are just prolonging not to give your withdrawal. the OP should revisit the ToS of the site and see what really they need from you. if it is not stated anymore in their terms, then doubt their intentions of asking too much about your financials.

Oceat

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Quote from: Cryptomultiplier on December 09, 2022, 05:54:00 PM

I don't think casinos have the right to ask such questions as regards ones' source of income. Not everyone who gambles earn salary monthly, not to talk of proof of earnings. I can even state that more gamblers don't work for a salary, and the ones who do, try to be very resourceful with their pennies because of the current season of global recession and most importantly yuletide.
If however, they were to ask before redeeming ones winnings, it would be wise to escalate to third parties with influence and also on a platform where they operate.

Their question doesn't make sense to me, because how is it connected to withdrawal? It's a bit personal if you'd ask me, they have no right of asking what is/are my work or a proof of my salary or whatever and how much I would spend on gambling.

If this is asked because they are worried you are losing too much then that's fine but if their question has something shady in it, that just prove that they are really scamming their customer.

If this question is to prevent their customers from withdrawing their winning then it's a complete scam on their part since that's what basically what happens to most gamblers. If this is a legit question you might wanna drop the name of that casino, OP.

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Quote from: Oshosondy on December 08, 2022, 04:34:56 AM

If you only even provide that amount and you are collecting just that amount which is $500 as monthly salary, that should not be a reason for a casino not to enable you to withdraw, if the casino do not alllow you to withdraw, that is a scam. Why casinos not ask of proof of income before deposit, but asking when withdrawing. I do not always like casinos for easy registration and deposit and a hard way of withdrawing.

Most probably, for non reputable casinos, they always make it a point to make withrawal hard for the players. I don't know their valid reason for that, its just that legal and reputable casinos won't do same like that. And also, presenting your proof of income is part of KYC, you have to comply it the moment you register, not in the time of withrawal

Cryptomultiplier

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I don't think casinos have the right to ask such questions as regards ones' source of income. Not everyone who gambles earn salary monthly, not to talk of proof of earnings. I can even state that more gamblers don't work for a salary, and the ones who do, try to be very resourceful with their pennies because of the current season of global recession and most importantly yuletide.
If however, they were to ask before redeeming ones winnings, it would be wise to escalate to third parties with influence and also on a platform where they operate.

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Quote from: Saisher on December 08, 2022, 04:03:08 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.

Gambling casinos are more concern on their own advantage, so i think that will not matter anymore as long as you come up with an amount same with your bankroll. Whether if your net is fixed or you still have other sources of income, that will never be relevant at all. As long as you are capable to bet, and they can make profits out from your bets, that's all what they want.

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Quote from: Saisher on December 08, 2022, 04:03:08 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.

Maybe the better question would be, why ask that concern in the first place?

I don't see why an online casino will ask for your proof of income much especially with the amount you have given as an example.

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

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Quote from: Uzairjutt275 on December 09, 2022, 03:51:40 AM

If you are put your money on gambling this is not good thing. First of all Gambling is too risky play because in this you have too much luck for gambling to win and also if you put all money in these site or in casino and your luck is not on your side then you lose all money and all your income. You can play gambling for a fun not a living income.

If you already know the risks, you better not try to approach them. Otherwise, you will experience defeat, resulting in losing your money in both the short and long term.

But I don't know. The temptation of gambling is very big to entice us to come back and play longer. And maybe one day, the casino will ask you to show evidence for verification, including proof of source of income, because maybe the casino doesn't want to be blamed if someone goes bankrupt because of gambling.

Uzairjutt275

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If you are put your money on gambling this is not good thing. First of all Gambling is too risky play because in this you have too much luck for gambling to win and also if you put all money in these site or in casino and your luck is not on your side then you lose all money and all your income. You can play gambling for a fun not a living income.

Topic: Proof Of Income Will This Pass - page 3. (Read 880 times)