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Topic: Wagering requirements for withdraw (Read 4805 times)

copper member
Activity: 2380
Merit: 1302
Playbet.io - Crypto Casino and Sportsbook
September 21, 2023, 10:51:43 AM
Every gambling site would have different wagering requirements and also different KYC requirements. So it is always recommended that we read the terms and conditions at the casino sites to know exactly the requirements and then we decide whether we will deposit at the casino or not.

Also, if the casino is offering bonuses on deposits or any special promotions for new account creation, those will have special wagering requirements too. Reading the details on the gambling sites of different promotions is essential if we want to avoid the surprises later at the time of withdrawal.
There is nothing free in the world. So, gambling site gives the bonus to attract user but one person can't get more attention by taking more and more bonus. For that reason, gambling sites give various restrictions to enable withdrawal and that is wagering and KYC. Both are important to avoid any kind of misuse.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
September 17, 2023, 12:46:39 PM
The requirements to make a withdrawal in any casino, as I am a player, the first thing I do is check whether or not it is convenient for me to be in that casino, as I am a fan of things in my casino, or in the casino that I prefer. things are different, for example I'm in duelbits and I had no problem with KYC or anything like that, because when I made my withdrawal things went well, what some users complained about was that the KYCs were not approved quickly, now things are not like that, the requirements are more difficult in part is that, the system and the conditions that vary because each player has their abilities and is capable of doing what they feel most able to achieve.


Every gambling site would have different wagering requirements and also different KYC requirements. So it is always recommended that we read the terms and conditions at the casino sites to know exactly the requirements and then we decide whether we will deposit at the casino or not.

Also, if the casino is offering bonuses on deposits or any special promotions for new account creation, those will have special wagering requirements too. Reading the details on the gambling sites of different promotions is essential if we want to avoid the surprises later at the time of withdrawal.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 17, 2023, 11:42:27 AM
~snip~
The gambling site which will be scams will say the same which is on the site as well as on the customer service. But if they are not scams then they will do the same. In this case we have nothing to do except more research about the gambling site where we want to deposit fund.
There is no doubt because scam gambling sites will try to convince their visitors that their sites can be trusted. But the reality is that many visitors end up experiencing fraud from these casinos. And even though they complained to many sites, including this forum, they couldn't get their money back even though the amount of money was very large. They don't do further research about the scam casino but instead immediately register and deposit the money, which we don't recommend before we can get more information about the casino. They should be able to learn from their mistakes and not repeat the same mistakes.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
September 17, 2023, 08:06:54 AM
If we gambler want to play in a new casino then  we need to know first their rules and regulations or let say terms and conditions it because once we are too greedy to participate in that casino and top up so we have enough money to play then after winning then we decided to withdraw but we can't withdraws because of they have the conditions that you must follow the amount of wager as a requirements .
Mostly, it's the rollover requirement that matters. The specific amount of the bet is not the primary concern, as it's normal for a casino to establish limits for both the minimum and maximum bets. The wagering requirement aims to ensure that gamblers are genuinely engaged in gambling. This is because the withdrawal/deposit system is designed for gambling transactions exclusively, and not for individuals who intend to launder illicit funds or those who seek to exploit the casino's system.

In terms of legality I'm sure gambler knows it and they are aware that they needed to meet those requirements to enable the capability of withdrawing their money, though it will be different in terms of scam casino sites, where they place wagering requirements that might not reachable or changing something that not part of the original setup when gambler sign up or accept the bonus or promotions, things that change in an actual gaming sessions.

it won't be a problem if you are playing on a known reputable site. doubt if you are on a new site, as they have the tendency to exhaust all your funds owed to this wagering requirement but if in case you got lucky, you may never see your winning also. so before you will be tempted on their rewards or promos, check the site for its reputation, and how they are treating their players.
usually, not many players can complete the rollover requirements. because this one depends on the game itself and the amount of min bet that you can place. you need to check also what games they are allowing for such promo or bonus.

You are very right, but things can be a Little fairer when it comes to Betting on a safe site , in the photo we have many examples, such as stake.com, bitcasino.io, duelbits, roobet, among others, when we are in Casinos where there are plenty of good ones, for example old casinos, the degree of trust on the part of others grows and it is good that is what gives us Confidence, now well, I would do KYC in my casino of Trust, because there is nothing to do, you have to comply with it, I don't want to have problems or bad experiences in the casino , so I feel good , it's like being at home, I can't Winter, I have to do something good, and that's what the casino is For.

When we do not agree to try other casinos, for example, the nascent casinos, casinos that are relatively new, then we could think of doing other things, for Example , trying bonuses , Bonuses that are very popular in a casino, with the intention of winning more, but that is a double-edged sword because you end up losing more than you should,  I do not like the bosses and when they are casinos that are not so reliable, or rather, casinos that are new and that they have little time in the market or in this area, since any casino can do whatever they can and want, as long as their business is such and if they do it that way it is because they can make profits , so in that case it is that we Fall and lose money , aside because we have that bad Experience that we will not return to that path Again.

In a reliable casino it should be noted that there are almost no Bonuses like this, there is more opportunity to play in other contests, but not in bonuses, they do not give almost priority to the bonuses, because they know that the companies do not like them and that they do not like them. bad even in casinos, in fact it is a very easy way to lose, that's why the casinos that are more popular, that Always have a great Reputation , focus on Creating a community with their Contests and sports betting, well in short, a casino like stake.com which Always does it Right.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
September 10, 2023, 06:53:16 PM
If we gambler want to play in a new casino then  we need to know first their rules and regulations or let say terms and conditions it because once we are too greedy to participate in that casino and top up so we have enough money to play then after winning then we decided to withdraw but we can't withdraws because of they have the conditions that you must follow the amount of wager as a requirements .
Mostly, it's the rollover requirement that matters. The specific amount of the bet is not the primary concern, as it's normal for a casino to establish limits for both the minimum and maximum bets. The wagering requirement aims to ensure that gamblers are genuinely engaged in gambling. This is because the withdrawal/deposit system is designed for gambling transactions exclusively, and not for individuals who intend to launder illicit funds or those who seek to exploit the casino's system.

In terms of legality I'm sure gambler knows it and they are aware that they needed to meet those requirements to enable the capability of withdrawing their money, though it will be different in terms of scam casino sites, where they place wagering requirements that might not reachable or changing something that not part of the original setup when gambler sign up or accept the bonus or promotions, things that change in an actual gaming sessions.

it won't be a problem if you are playing on a known reputable site. doubt if you are on a new site, as they have the tendency to exhaust all your funds owed to this wagering requirement but if in case you got lucky, you may never see your winning also. so before you will be tempted on their rewards or promos, check the site for its reputation, and how they are treating their players.
usually, not many players can complete the rollover requirements. because this one depends on the game itself and the amount of min bet that you can place. you need to check also what games they are allowing for such promo or bonus.
copper member
Activity: 2380
Merit: 1302
Playbet.io - Crypto Casino and Sportsbook
September 10, 2023, 06:45:49 PM
Reading the terms and conditions at Kaisno is also needed to find out what is allowed and what is not allowed so that we can avoid any problems. And we'd better call customer service and make sure what we read is true. Thus, we are already careful with everything, but if it still deceives us, it means we are the ones who are unlucky.
The gambling site which will be scams will say the same which is on the site as well as on the customer service. But if they are not scams then they will do the same. In this case we have nothing to do except more research about the gambling site where we want to deposit fund.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 23, 2023, 09:41:51 AM
Yes your right that mate nowadays there are many scams casino has been launch which is we must be stay vigilant and do some research first before we try to gamble in new casino. And also the best thing to do when we are planning to play in new casino is that we must know their terms and conditions as we must think that scam casino tricks are in their terms and conditions cause once we spontaneously playing without knowing the terms and conditions then casino will take those opportunity to scam you.
Yes, we can only be careful in trying every new casino launched by researching and searching for more detailed information. But if the new casino isn't on this forum yet, we shouldn't try to play gambling at the new casino. This is in case the new casino becomes a scam in the middle of us depositing some money to play gambling so we can avoid being scammed. But if they still want to know what the new casino is like, they only need to deposit the minimum amount offered by the casino, which is the amount they can afford to lose, so they won't regret it if the casino turns out to be a scam casino.

Reading the terms and conditions at Kaisno is also needed to find out what is allowed and what is not allowed so that we can avoid any problems. And we'd better call customer service and make sure what we read is true. Thus, we are already careful with everything, but if it still deceives us, it means we are the ones who are unlucky.
sr. member
Activity: 1148
Merit: 346
August 22, 2023, 10:04:59 AM
~snip~
Don't rely solely on what the support team tells you. It's important to verify information from other reliable sources. Since this primarily concerns laws and regulations, it's necessary to search for those specific laws and try to comprehend the implementing guidelines. This way, we can achieve a clearer understanding. At times, the support might not provide intricate details, as they typically base their responses on their Terms of Service. However, in reality, their TOS should align with regulations. To obtain comprehensive information, it's advisable to refer directly to the regulatory guidelines.
That means we have to look for it so we can also make sure everything before we start playing gambling so that when we want to withdraw the money later, we won't have any difficulties. We can read all the TOS and try to understand it first, and usually, when we ask the support service, they will explain it in more detail. And if they cannot give us an explanation, we can send an email or find another support service agent who knows the rules in more detail. We can also focus on the TOS that are important to read so we can know if we don't want to read all the very long rules.

~snip~
If we gambler want to play in a new casino then  we need to know first their rules and regulations or let say terms and conditions it because once we are too greedy to participate in that casino and top up so we have enough money to play then after winning then we decided to withdraw but we can't withdraws because of they have the conditions that you must follow the amount of wager as a requirements .
And remember to make sure that the new casino can be trusted because with so many new casinos being launched, there aare bound to be scam casinos, so we still have to be careful. And we could learn about the rules before we play so that we won't have any difficulties later. Reading the rules of each casino is important, and because the rules of each casino are different, we must take the time to understand all the contents of the rules.

Yes your right that mate nowadays there are many scams casino has been launch which is we must be stay vigilant and do some research first before we try to gamble in new casino. And also the best thing to do when we are planning to play in new casino is that we must know their terms and conditions as we must think that scam casino tricks are in their terms and conditions cause once we spontaneously playing without knowing the terms and conditions then casino will take those opportunity to scam you.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
August 21, 2023, 11:01:32 PM
Sometimes the problem is not only in the Tos, and in the wagers and in all those demands, sometimes after complying with all that, there is another little problem, and it is the KYC, which I think bothers the players more, and more when withdrawing money.

Yes, it's true that anyone will definitely not like KYC even I personally don't like it, after all gambling with small money and small bets so far I'm still safe KYC free even though I play in big casinos and have KYC requirements, maybe if I play in a small casino for sure they would prevent me from withdrawing money before completing KYC and even though I am a small gambler.

It will sound strange to complete KYC for small gamblers where with small stakes we have to give our identity it is obviously very ridiculous, the rules will definitely not be accepted by reason even though their site has a license and KYC regulations too, but so far I always play in big casinos safe without having to provide my identity and complete KYC I can gamble and make withdrawals. as long as you know what casino to play at.
Yes, things can sometimes get complicated with that in casinos, because particularly when it comes to casinos there are always conditions for everything, ranging from bonuses to withdrawals, obviously things when it comes to planning to play are You can and should be very careful, first read, because when we don't read we can have many problems, from a small bonus to a small withdrawal, but when it comes to withdrawals, sometimes we don't even see that there are new terms or conditions, leaving the notice of the new conditions we accept it like this without more and much less without reading, I say it because I have done it, sometimes we trust a casino a lot that we don't even know what we accept.

In my favorite casino they made a change of terms and conditions, under which I did not read everything, but it is a casino with a great reputation, trust, so I have all those kinds of things well defined, it is stake.com and it is the casino N ° 1, well, this casino always appears in the top 5 and it is really a pride.

The KYC are what most affects the players, because it is what is thought the most, it is not so much the Tos, now it is that, well when I have read some threads here in the forum it always refers to the problem with the KYC. withdrawals when made with little money is not so much, but even so, the KYC must be complied with so that everything can be under control, apart from this when a KYC is made to make a small withdrawal it is already useful to make a much larger withdrawal great, that is what we have to take into consideration, of course it is annoying to do it, but is it not going to be done if it is about withdrawing money? Although sometimes it seems a bit unfair to me to wait until you withdraw to do that, they should ask for the KYC at the time of making the first deposit, they should ensure that until the KYC is met, the deposit is not made, so as not to go through the uncomfortable moment, although Casinos won't do something like that because they know they're running the player, and if they do, in the end they know that they should or should.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 19, 2023, 04:37:36 PM
~snip~
Don't rely solely on what the support team tells you. It's important to verify information from other reliable sources. Since this primarily concerns laws and regulations, it's necessary to search for those specific laws and try to comprehend the implementing guidelines. This way, we can achieve a clearer understanding. At times, the support might not provide intricate details, as they typically base their responses on their Terms of Service. However, in reality, their TOS should align with regulations. To obtain comprehensive information, it's advisable to refer directly to the regulatory guidelines.
That means we have to look for it so we can also make sure everything before we start playing gambling so that when we want to withdraw the money later, we won't have any difficulties. We can read all the TOS and try to understand it first, and usually, when we ask the support service, they will explain it in more detail. And if they cannot give us an explanation, we can send an email or find another support service agent who knows the rules in more detail. We can also focus on the TOS that are important to read so we can know if we don't want to read all the very long rules.

~snip~
If we gambler want to play in a new casino then  we need to know first their rules and regulations or let say terms and conditions it because once we are too greedy to participate in that casino and top up so we have enough money to play then after winning then we decided to withdraw but we can't withdraws because of they have the conditions that you must follow the amount of wager as a requirements .
And remember to make sure that the new casino can be trusted because with so many new casinos being launched, there aare bound to be scam casinos, so we still have to be careful. And we could learn about the rules before we play so that we won't have any difficulties later. Reading the rules of each casino is important, and because the rules of each casino are different, we must take the time to understand all the contents of the rules.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
August 19, 2023, 12:35:27 PM
If we gambler want to play in a new casino then  we need to know first their rules and regulations or let say terms and conditions it because once we are too greedy to participate in that casino and top up so we have enough money to play then after winning then we decided to withdraw but we can't withdraws because of they have the conditions that you must follow the amount of wager as a requirements .
Mostly, it's the rollover requirement that matters. The specific amount of the bet is not the primary concern, as it's normal for a casino to establish limits for both the minimum and maximum bets. The wagering requirement aims to ensure that gamblers are genuinely engaged in gambling. This is because the withdrawal/deposit system is designed for gambling transactions exclusively, and not for individuals who intend to launder illicit funds or those who seek to exploit the casino's system.


In terms of legality I'm sure gambler knows it and they are aware that they needed to meet those requirements to enable the capability of withdrawing their money, though it will be different in terms of scam casino sites, where they place wagering requirements that might not reachable or changing something that not part of the original setup when gambler sign up or accept the bonus or promotions, things that change in an actual gaming sessions.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
August 18, 2023, 02:41:10 PM
That's the truth that we'll just check it if a problem through the process has been encountered.

It sounds bad but it is undeniable fact, this is what happened in most cases.
Only few gamblers who read some parts of the terms and conditions, but I believe there is no one who is willing to read the whole wall of text in the terms and conditions page.
I myself have to admit that I do not read the whole T&C but I do try to search the things that I think is the most important thing for me.
Yeah, with those lot of texts, some might just choose what they want to read. We go ahead to the ones that we want to read if it's about the rules and terms of service. That makes the work easier even if you ignore most of what's written on those agreement contracts and terms of service.

Wagering requirement for deposit is one of the things that I usually try to find first beside the other important things such as country restriction, minimum deposit/withdrawal, and kyc policy. 
These are the basics that I think majority are also going ahead when they read the TOS.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
August 18, 2023, 10:47:11 AM
If we gambler want to play in a new casino then  we need to know first their rules and regulations or let say terms and conditions it because once we are too greedy to participate in that casino and top up so we have enough money to play then after winning then we decided to withdraw but we can't withdraws because of they have the conditions that you must follow the amount of wager as a requirements .
Mostly, it's the rollover requirement that matters. The specific amount of the bet is not the primary concern, as it's normal for a casino to establish limits for both the minimum and maximum bets. The wagering requirement aims to ensure that gamblers are genuinely engaged in gambling. This is because the withdrawal/deposit system is designed for gambling transactions exclusively, and not for individuals who intend to launder illicit funds or those who seek to exploit the casino's system.
sr. member
Activity: 1148
Merit: 346
August 18, 2023, 10:16:46 AM
~snip~
When reading the TOS of a casino we can find all kind of confusing terms and legal talk that we may not understand, so it is important that if we do not understand something we contact the customer support and we ask for a clarification about what those terms mean.

As it is easy to give a personal interpretation to one rule and then this rule is interpreted by the casino in a completely different manner and we may feel that is unfair when in fact we are the ones in the wrong.
If you don't understand those terms, you can contact the support service, and that's what we have to do to understand the rules written there. And even if you can't understand everything yet, you can stay in the casino until you understand it while gambling there.

Make sure to understand the intention of the casino in providing these regulations. And because of that, there is a support service always ready to help users who have difficulty translating the casino's wishes written in the rules.
If we gambler want to play in a new casino then  we need to know first their rules and regulations or let say terms and conditions it because once we are too greedy to participate in that casino and top up so we have enough money to play then after winning then we decided to withdraw but we can't withdraws because of they have the conditions that you must follow the amount of wager as a requirements .
hero member
Activity: 2856
Merit: 674
August 18, 2023, 09:39:54 AM
~snip~
When reading the TOS of a casino we can find all kind of confusing terms and legal talk that we may not understand, so it is important that if we do not understand something we contact the customer support and we ask for a clarification about what those terms mean.

As it is easy to give a personal interpretation to one rule and then this rule is interpreted by the casino in a completely different manner and we may feel that is unfair when in fact we are the ones in the wrong.
If you don't understand those terms, you can contact the support service, and that's what we have to do to understand the rules written there. And even if you can't understand everything yet, you can stay in the casino until you understand it while gambling there.

Make sure to understand the intention of the casino in providing these regulations. And because of that, there is a support service always ready to help users who have difficulty translating the casino's wishes written in the rules.

Don't rely solely on what the support team tells you. It's important to verify information from other reliable sources. Since this primarily concerns laws and regulations, it's necessary to search for those specific laws and try to comprehend the implementing guidelines. This way, we can achieve a clearer understanding. At times, the support might not provide intricate details, as they typically base their responses on their Terms of Service. However, in reality, their TOS should align with regulations. To obtain comprehensive information, it's advisable to refer directly to the regulatory guidelines.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 18, 2023, 08:17:12 AM
~snip~
When reading the TOS of a casino we can find all kind of confusing terms and legal talk that we may not understand, so it is important that if we do not understand something we contact the customer support and we ask for a clarification about what those terms mean.

As it is easy to give a personal interpretation to one rule and then this rule is interpreted by the casino in a completely different manner and we may feel that is unfair when in fact we are the ones in the wrong.
If you don't understand those terms, you can contact the support service, and that's what we have to do to understand the rules written there. And even if you can't understand everything yet, you can stay in the casino until you understand it while gambling there.

Make sure to understand the intention of the casino in providing these regulations. And because of that, there is a support service always ready to help users who have difficulty translating the casino's wishes written in the rules.
hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
August 18, 2023, 04:37:32 AM
The requirements to make a withdrawal in any casino, as I am a player, the first thing I do is check whether or not it is convenient for me to be in that casino, as I am a fan of things in my casino, or in the casino that I prefer. things are different, for example I'm in duelbits and I had no problem with KYC or anything like that, because when I made my withdrawal things went well, what some users complained about was that the KYCs were not approved quickly, now things are not like that, the requirements are more difficult in part is that, the system and the conditions that vary because each player has their abilities and is capable of doing what they feel most able to achieve.


It's not about KYC but did you agree if you should wager first before you will able to withdraw your money? Many people have different opinion regarding this but that's fair for me as long as the cap will not be so high. As OP explained that if some casino forced us to wager at least 25% from the total deposited which mean a lot for some people. I think that anyone has no problem as long as it will be far less than it. KYC is another problem.
I think that you can try to directly asnwer it.
for some people it may not agree with these rules but for experienced gamblers the situation is very common when depositing to an online site after that you want to withdraw your budget and have to bet at least once. as long as the rules make sense to me it does not matter because usually these conditions are only 1x or 2x times the deposit, that very normal.

we try to think about other things, for example when someone disagrees with these rules, but why does that person register at the casino and make a deposit? is not it when he registers and deposits money on the site he has read all the terms or rules and also to bet right? so if they do not agree with the rules have to bet before withdrawing money its a little confusing because the purpose of depositing money to the site to gamble except for depositing money is only to get a deposit bonus for free. and it is also very unlikely that we will get this bonus without making a bet because of course we will be required to fulfill the 35x requirement or whatever the amount is to get this bonus.

in conclusion, agree or disagree with these rules or conditions, the user must continue to carry out these conditions because we enter the site, we should have read all the rules.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
August 17, 2023, 09:50:58 PM
That's what we have to do so that we don't break any rules that the casino has written so we can feel calm when playing or when we want to withdraw the winnings. Making sure that we understand the rules clearly will ensure that we won't have any problems. Besides, before we deposit the money, we can also contact the support service to make sure what we know really complies with the rules of the casino.

And if there are still people who have problems after playing gambling, and it's because they don't read the rules, that means it's a mistake on their part. Casinos also can't do anything, but they may be dispensed by doing KYC so the casinos can check it in detail. But if the players don't want to do KYC, they may leave the casino.
When reading the TOS of a casino we can find all kind of confusing terms and legal talk that we may not understand, so it is important that if we do not understand something we contact the customer support and we ask for a clarification about what those terms mean.

As it is easy to give a personal interpretation to one rule and then this rule is interpreted by the casino in a completely different manner and we may feel that is unfair when in fact we are the ones in the wrong.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
August 17, 2023, 08:15:04 PM
The requirements to make a withdrawal in any casino, as I am a player, the first thing I do is check whether or not it is convenient for me to be in that casino, as I am a fan of things in my casino, or in the casino that I prefer. things are different, for example I'm in duelbits and I had no problem with KYC or anything like that, because when I made my withdrawal things went well, what some users complained about was that the KYCs were not approved quickly, now things are not like that, the requirements are more difficult in part is that, the system and the conditions that vary because each player has their abilities and is capable of doing what they feel most able to achieve.


It's not about KYC but did you agree if you should wager first before you will able to withdraw your money? Many people have different opinion regarding this but that's fair for me as long as the cap will not be so high. As OP explained that if some casino forced us to wager at least 25% from the total deposited which mean a lot for some people. I think that anyone has no problem as long as it will be far less than it. KYC is another problem.
I think that you can try to directly asnwer it.
legendary
Activity: 2352
Merit: 1121
☢️ alegotardo™️
August 17, 2023, 07:01:04 PM
I recently discovered that I signed up for a casino without thoroughly reading its terms and conditions agreement. But of course this was entirely my fault even that I am still bothered by the withdrawal requirements on deposits. It is well known that deposit bonuses or any bonus offered by a casino will have wagering requirements that goes to x50 or more. What truly concerns me is the 5X wagering requirement on normal deposits without any bonus in order to withdraw the initial deposit or winnings.
To clarify things better here is an example : if you were to deposit $1000 and win $200 in your first few games then you wouldnt be able to withdraw your winnings or even your deposits without wagering at least $5000. This means that 80% of the time, you would lose your money before reaching the required amount.
In my opinion this term is unfair. I am not attacking any specific casino, but I do believe that if users were aware of these requirements they would be less likely to deposit their money in such casinos since there are other casinos without such stringent requirements.

Every casino needs to cover its costs in some way and obviously this is only possible to be obtained by the bets that users place on the site.

So, if you just deposit money and then try to withdraw it, you will certainly be causing damage to the site because you have already used its infrastructure, the money probably went through the processing of other companies (if the deposit was made in Fiat), so this generates costs.
In addition to the fact that with this obligation to place at least X bets, they greatly inhibit the practice of money laundering, in which you would be using the site simply to convert dirty money.

Anyway, you already blamed yourself for not having read the terms of use, I just wanted to clarify why this restriction exists.... some sites are less strict, require 1x or 2x, others are more "complicated" and I believe let it be just to get more profit.
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