Topic: Proof Of Income Will This Pass - page 4. (Read 812 times)
With this statement why does the gambling casino ask your salary I don't get the point why they do this because people.just letting the player to play no matter what kind of status of living they have and this kind of thing the casino makes get more information to you because they are asking a Salary Statement of an Account for the source of income of the players. Better to let your funds right there or else exchange them with the confidentiality of information.
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.
There is no issue if your wager amount is net the salary proof you have given, they only do this when there is suspicious activities like big money deposited than usual and this is normal in AML precaution process. But you have to be very careful some casinos doesn't accept certain income as a proof of income for example there are crypto currency casino which doesn't consider the earnings from your crypto investment as income so you have to provide valid income proof and incase if you failed to provide then your account will be on hold forever.
The moment a casino starts poke nosing in my private activities, it's a red flag for me. I understand the principles of proof of income and if I can prove that the $500 I use for gambling is from my salary as a result of my hard work, then I see no reason why they should deprive me of my withdrawal or making use of the casino normally.
Going with the other requirements for the proof of stake of income, there are other documents required to state those proves of income and if I present my statement of account and it doesn't get accepted, then I will have to seek for other means to get it done and as soon as it is done, then automatically I should be done with that very casino as well.
Going with the other requirements for the proof of stake of income, there are other documents required to state those proves of income and if I present my statement of account and it doesn't get accepted, then I will have to seek for other means to get it done and as soon as it is done, then automatically I should be done with that very casino as well.
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 $500 net every month, will they accept that proof will they accept that you are putting all your salary for gambling, will this violate the principle of gamble for fun, because you are working to gamble based on your proof income.
I don't see the relevance of proof of income to playing gambling said dude. It seems like I just heard of such rules that a casino asks for proof of income requirements, what I often read and hear is that they ask for KYC, what name of the casino are you referring to? Is that here at the cryptocurrency casino?
Then the income of 500$ 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.
Well, I believe submitting proof of income worth $500 is not enough and is suspicious while your average deposit monthly in the casino is the same amount. Although your monthly bankroll doesn't mean you made regular monthly deposits since there are times you are winning. A decade ago, I was trained in anti-money laundering. That is why I am always careful with these casinos, exchanges, and banks. There are some ways to be safe though. Also, when it comes to gambling, we are lucky here in this forum since there are many casinos that have official threads here, although there are still issues but at least it is not that hard to connect with them and their reputations are at stake.
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.
It's not that hard to get past that you just have to provide the actual data and I'm not quite sure that there are gamblers who will deposit money into a casino bigger than their income so it's not a problem, what would be a problem is gamblers who don't have real world income they only get money from their online work, can the casino accept that? and does the casino have the right to freeze the player's money? and I don't think the casino should do that other than let the player take his money and ban him from playing at the casino. 
I have heard for the first time that any casino asking for your salary slips in order to let you withdraw as KYC is normal these days but going to this level then I would simply quit because what I am doing with my money they should not be concerned once I verify myself and this will be too much.
If we say they want to know about source of income to judge whether we have that much amount to gamble or not then they are just making business profits margins decline which they will never allow to happen and I don't we will have this situation.
If we say they want to know about source of income to judge whether we have that much amount to gamble or not then they are just making business profits margins decline which they will never allow to happen and I don't we will have this situation.
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.
I guess the only concern for the casino is to verify your source of funds so as to clear from suspicion of fraudulence that will also make their casinos put in danger. It’s part of KYC so as to protect both the gambler and casino as well. But if I’m not mistaken, it should be ask when registering and not only in time for withrawing. Otherwise, the casino itself might consider a scam if the operators will hold your funds. 
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.
When a casino ask for that kind of information they care about where the money is coming from, so as long as you can demonstrate that it is coming from a legal source there should not be any problem.Now it is true that if the amount of money that you deposit each month matched exactly the proof of income you showed this may seem odd, but there are people that have several sources of income, so this alone cannot be used to assume you are using all your income to gamble, now there could be a few people doing this, but they are minority, and casinos are not going to audit you to separate those which are doing this from those which have a larger income.
No, not really. The thing they worry about the most is whether your deposits are indeed inside your salary range, now whether it was minimum or maximum, they wouldn't worry much. After all if it wasn't, then you're getting your deposits outside of legal sources which is where they would start worrying. Plus, they can safely assume that you have some sort of other sources you use for your daily living expenses, rent, etc. And as we can see with their exclusion policies, it starts with you, not with them.
Exactly! Many people have no income but a lot of money to play with.
Examples? People who inherited money, rich students who have the money but don't work anywhere, people who divorced and don't have to work anymore like the wife of Jeff Bezos.
For many people showing proof of income is impossible and what then? They get scammed by the casino because they can't jump the hoops?
I'd think they'd accept other proofs of where your money came from whether it be from inheritance or whatever, and if they can't provide it the casino simply cuts them off afaik. Now whether the money deposited (or left over) gets withdrawn or not is a different issue, but it's probably stated in their TOS. Examples? People who inherited money, rich students who have the money but don't work anywhere, people who divorced and don't have to work anymore like the wife of Jeff Bezos.
For many people showing proof of income is impossible and what then? They get scammed by the casino because they can't jump the hoops?
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 casino might ask for Proof Of Income if you are under any form of financial investigation by law enforcement agency. Apart from this reason I don't see any reason why they should ask for it. Law enforcement agents might mandate them to ask for this if they want to track your income as well as expenditure. I would never play with a casino that would ask me for such information because they are invading my privacy. My proof of income is a confidential document and putting it in a public domain such as the casino company might expose my and my family to criminals. It would also be senseless to use deposit your entire salary in a casino. Are they now acting like banks? 
If a casino ask for proof of income then I think they just wanted that to proof that you are working for your not to accuse you of anything. Moreover, using almost all your salary to make bets on there platform should not be a problem for then because, they can't or in any position to tell you how to spend your money.
It is even a bonus for then having a diligent gambler that uses part of his fund to play bets, whether you are always winning or not. Gambling is a choice and any casino that looks like a thread to us on how we spend our money can lose their potential customers.
Well, a bonus indeed because it smells profit for them if someone spends all that he's got from his salary and deposits it on them. But this type of questioning seems to be a bold thing and more a serious matter for the bigger gamblers.It is even a bonus for then having a diligent gambler that uses part of his fund to play bets, whether you are always winning or not. Gambling is a choice and any casino that looks like a thread to us on how we spend our money can lose their potential customers.
The casino, if they're too concerned about your spending habits, they've got a self exclusion policy that they can suggest and it's there at most times.
And even before a gambler gambles and deposits, they can just reason out that you've signed for their terms of usage so whatever they ask, they should be complied.
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.
Wait.. am I the only one seeing that this casino "proof of income" is one requirement that doesn't make sense at all? Because how can a casino who never asked for proof of income when depositing funds, now be requesting for proof of income when trying to withdraw my own funds? Because it literally just sound insane. But however, I don't know who may have gone through this mess, but if an individual could to fund his/her gambling account, such individuals should also be given the privilege to cashout his funds too. 
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.
If a casino ask for proof of income then I think they just wanted that to proof that you are working for your not to accuse you of anything. Moreover, using almost all your salary to make bets on there platform should not be a problem for then because, they can't or in any position to tell you how to spend your money. It is even a bonus for then having a diligent gambler that uses part of his fund to play bets, whether you are always winning or not. Gambling is a choice and any casino that looks like a thread to us on how we spend our money can lose their potential customers.
Basically salary confirmation letter with stamp should be enough to prove that you have enough credibility to make deposits. It is not business of casino to check every detail and ask for additional documentation for source of funds. Exception may be depositing over $50k in rare cases, IMO.
Have you read this thread and this one about that matter? They don't care if it's their business or not, if they want to lock your funds, they will require it and ask endless additional documentation. And you don't need to deposit $50k to get this kind of requirement, they can ask it after winning few hundreds of dollars, casinos are not all fair and honest unfortunately. 
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.
That can work since the casinos might also consider that you are able to save some money since you are earning enough and capable of playing on their site. If the site started to require you with this then probably you are able to hit big profits from them, just don’t panic and coordinate with them as long as you have a proof of income then you can be good. Though don’t ever think to falsify your documents or else you might experience another problem and you might not be able to get your winnings.There is something I don't understand, why does a casino ask for a salary condition? And if the person doesn't work, why does the casino ask for that? Under what conditions can this occur? It is the first time that I see that a casino asks for proof of salary, I thought that the casinos are interested in putting money and spending on the games, but they were not interested at all in where a person's funds come from, that is like the banks that ask for proof of origin of funds and see if they can block them, if these policies are being applied to casinos that is not something that I like very much, it does not attract my attention.
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 $500 net every month, will they accept that proof will they accept that you are putting all your salary for gambling, will this violate the principle of gamble for fun, because you are working to gamble based on your proof income.
It's not because of casinos want to do that. It's because they are required to do that by law if they suspect something. Same goes with exchanges or any virtual asset provider that deals with money. Same goes with banks these days. This is part of FATF new regulations about money trail so we just need to get used to it. I seriously would hope that crypto people would read about this because it seems they don't understand what's coming and how much things have changed for good.
Where did your question come from?
POI's part of verification, there is nothing to do with the wagering or deposit you're made. Casino never restricted any money to their business, even with only 10$ you still can gamble with them.
This is the first time, someone ask this question.
POI's part of verification, there is nothing to do with the wagering or deposit you're made. Casino never restricted any money to their business, even with only 10$ you still can gamble with them.
This is the first time, someone ask this question.
Proof of income does have something to do with the wagering deposits, but the Casino doesn't mind if the player deposits all his earnings and plays on that platform.
I say that proof of income do have something to do with the wagering deposits because in a logical thinking we cannot deposit anything more than what we are earning, but there are cases where a player can deposit money way more than his salary stated, so the casino wanted to dig-in as to where is the extra fund coming from. This is the way the casino detects money laundering possibilities. But if we are able to provide the needed documents to prove our deposit really comes from our earnings, then the casino doesn't have a say if we play the whole of it or not.
I think the problem is more evident when they would also ask you for a statement of your account and not just proof of your salary.
Because from that it would emerge that you spent a part on "classic" expenses to support yourself/family, go shopping at the grocery, pay bills, etc...
At the same time how did you manage to deposit the same amount in the casino?
in any case it is something very subtle.
you can always prove the bottom line of your earnings, and I don't think any casino should declare it as "unreliable".
Obviously if they want to make a scam they can declare anything to deny a payment....
in any case even if you are violating the "principle of gambling for fun" this is not a good reason to close your account or deny you a withdrawal if you win
Because from that it would emerge that you spent a part on "classic" expenses to support yourself/family, go shopping at the grocery, pay bills, etc...
At the same time how did you manage to deposit the same amount in the casino?
in any case it is something very subtle.
you can always prove the bottom line of your earnings, and I don't think any casino should declare it as "unreliable".
Obviously if they want to make a scam they can declare anything to deny a payment....
in any case even if you are violating the "principle of gambling for fun" this is not a good reason to close your account or deny you a withdrawal if you win
Exactly! Many people have no income but a lot of money to play with.
Examples? People who inherited money, rich students who have the money but don't work anywhere, people who divorced and don't have to work anymore like the wife of Jeff Bezos.
For many people showing proof of income is impossible and what then? They get scammed by the casino because they can't jump the hoops?
That said, I think they have no right to demand that. What I have on my account and where I work is private information. I'm not going to share that when a private company asks me.
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 questions is, would you? Would you gamble on that amount based on your income monthly? Gambling casino is not an exchange asking for proof of income for withdrawal, I did not hear about this casino yet but if they are intended to scam you, this could be their alibi if they will not give your winnings. I don't see you violating principles for fun if this is not against your will. If you let your family will starve to death in exchange for satisfying yourself with gambling, it is up to you.
However, I wonder if there is a gambling casino having these kinds of terms, it seems fishy on my side.
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