Topic: Trustdice: Terrible sportsbook, 5x! wager to withdraw - page 2. (Read 577 times)

Well, to be honest, requiring a wager requirement on a deposit without bonus before the gambler is allowed to withdraw his or her money is criminal-like if I'm asked, and not even that the wager requirement is minimal, but high for that matter.

And I actually wonder who are those that will be playing on this casino, because I know for sure that I would never play on such casino as this.
I do actually have an account with trustdice, but I've never deposited or played there, and this is actually good for me because, nothing would have annoyed me like depositing before finding out about their mandatory wager requirements on even deposits without bonus, before withdrawal.

I had made account on trustdice, because I liked their faucet a lot. like the reward were higher then any other platforms.
but doesn't deposited their, the faucet amount was enough for me to play, I was trying to make that amount to 0.001BTC. lol
I had made around half of it but after that i seen their terms and condition that we can not withdraw their bonuses without depositing, also there is a high wager requirement for 1st deposit.
which i don't like and make my best casino list with low wagering requirement, here you can see that list: https://bitcointalksearch.org/topic/best-crypto-casinos-5460971

Again, again, again. This is not true because x5 wager requirement only applies to the 1st deposit.

5.10 In order to make a withdrawal, a player must wager at least 5x the 1st deposit amount from deposits.

As shield132 and 3kpk3 has already pointed out, players will have no wager requirement at all for the 2nd, 3rd, 4th and 100th deposit. This is a lot more lenient compared to some other crypto casinos who require wager requirement on all deposits. This is what some other crypto casinos require:
"Any deposit has to be wagered 3 times before the withdrawal"
"Any deposit has to be wagered 3 times before the withdrawal"
"The deposit has 1× wagering requirement on casino games and 3× wagering requirement on sports betting"
Source (https://bitcointalksearch.org/topic/list-of-crypto-casinos-with-high-wagering-requirements-5448871)


Sincerely,
TrustDice Team

Thank you for acknowledging our efforts. We take players into consideration when making policies, which in general have to be balanced between various factors. Nevertheless, we try to uphold the crypto spirits (privacy, freedom of choice, financial autonomy, self-governance and etc.) as much as we can.

Regarding your concern, our compliance team will keep looking at suspicious deposits & withdrawals subsequent to a player's 1st deposit. Money laundry transactions will look entirely different from regular players'. And the wager requirement for the 1st deposit is set up to scare away a good portion of them initially so our compliance team will have too much to look at.

Sincerely,
TrustDice Team

Yes in this case, your total wager needs to reach $500 before you can withdraw.

If this is how your wager policy works, then it is much better than what I experience from other casinos, and if time is not taken, people might take advantage of this as they can use a very small amount to make their first deposit and meet the wager requirements.
 
And their second deposit to the limit you set can now be a larger amount, so they don't need to meet any wager requirements, and they can use such a service to launder money, like using the casino to deposit money and withdraw from another means, using the casino as a means to clean their money, knowing there is no risk involved other than deposit and withdraw.
 
But aside from people trying to take advantage of this, I see this as good stuff for gamblers because they don't need to worry about the risk they need to pass through just to be able to qualify for their winning withdrawal.

I can`t say anything about this sportsbook, i`ve never used it. But i can say about 5x wager. I don`t see any problem with it, except situation of the huge win first bet or bonus hunting. When i begin gambling i spend lots of money, before my first withdraw, so 5x wager for first deposit isn`t a problem. The same time, my first deposit is usually small enough - it is for tests, and it isn`t a problem to make wager requirements.

Even though it is the right of each casino to set rules that they want, still in my opinion casino owners should take their time and carefully analyze the rules they are going to put in their casinos, imagine a person depositing $10 and being forced to play 5x the amount of $10 to be able to withdraw, but when that person made the deposit of $10 there was no rule to prevent the deposit of $10, in other words the casino is happy with the deposit and does not place any obstacles to the people can deposit easily, but when people want to make withdrawals, the casino keeps putting a lot of rules in place and it is obvious that the casino's intention is to ensure that no one can make withdrawals.

Even if the casino keeps using arguments that it should place wagering requirements to prevent money laundering, it still doesn't make any sense to put 5x, this is a very high value, but people before creating an account at the casino should read the TOS and if look at this 5x rule, people have the option of not using the casino, that's why when people create an account at that casino, they can no longer complain about it because they agreed to these strange 5x rules. unfortunately this is the situation, as you already said that you are using too many casinos, so just stop using that casino if it gives you casino headaches and use the casinos that don't give you any headaches

It does not make sense. Anyone who have abuse in mind (if that's what they are trying to prevent), they will deposit $10 or the minimum deposit that the system allows, get rid of the 5x wagering of the first deposit and then easily start laundering the money LOL.

But anyway, if someone does not like a term then they should not play in the sportsbook or casino. There are plenty of bookmakers/gambling platform.

I was also thinking exactly same thing while reading the op, I do sports betting regularly on stake, and whenever I am trying to place a bet, and the odds change, I usually get an instant notification requesting that I accept new odds, which ones I click the "accept new odds" button, I am again allowed to place my bets.

I can imagine what it will feel like trying to hurry up and place a bet on a live game, and odds changes, and you have to log out and login again before you get the opportunity to try placing bet again on same game, that can be the most frustrating thing a sports bettor will have to experience.
If this is true with trustdice, then they have really look for solution on fixing this, it's not nice at all  .

Feel free to check out shuffle, coins.game, stake. I have used all three and had a great experience there.