Topic: Wagering requirements for withdraw - page 12. (Read 4805 times)

The question is that,  did the ops read the terms and conditions of the casino before the problem occur because I am sure that all the wagering requirements are mentioned in the TOS and that gamblers should be familiar with such high demand, and if it is mentioned in the documents that the casino demands for 5x wagering on deposits that justify the demand for oos to fulfil that requirement before withdrawing from the casino.

Unlike in some cases where the casino hides this rule from the players and thereby takes them unaware when they are requested to make 5x wager before a withdrawal is processed,  that way the casino already violates the player's right by so doing.

Highlighting some parts of the terms as important is the mistake casinos make, if casinos really want their users and potential users to completely read the terms and conditions of the casino, then they must change their pattern of writing the terms, and the first pattern is for them to stop highlighting some parts of the term, I would also suggest that, it's not so important to even have headlines, like subjects and so one, the terms and conditions can be written in such a manner like Judy one long paragraph, that way, no body will know exactly where that which they assume to be important is written, and as such, all gamblers will have no choice but to read the entire terms of service.

All terms are important but usually players are not reading all the terms because most players read what are important terms for them.
Most players usually read about deposit/withdraw, KYC terms, restricted territories, and few other things.
Casino do not need to bold some specific terms, as long as it is listed then it is good to go already.
Players are the one who responsible to read all the terms carefully.

That's right as I said, "unless they intend to scam the users". Casino owners are not random people who don't think about the future, in fact that's what they first think about and then make a plan for how the casino they built will become a big casino that the public trusts. It will be very funny when they argue that they have no capital, because if we catch them the first time they build a casino, how much it costs them. Things like this are actually the basic things why a casino is founded.



Yes the only word that can be said when the casino is out of money is "scam". Maybe at some casinos they will delay payments because they make sure the user meets the requirements or not to make a withdrawal, that makes more sense than saying they don't have funds.
Logically, for example, out of 100 users who are actively playing there, maybe only 1 person is lucky to win a big bet, and maybe out of 100 people, no one is lucky at all.

If a casino claims that they do not have the money to pay out a big win honestly earned by some player, then of course such actions of this casino can be assessed as fraud.  Starting their business, any casino calculates the risks of sudden payments caused by the game and the luck of the player, especially with provable honesty algorithms.  If this is not done, then starting the business of such a casino is not only very risky, but even this just borders on the concept of a fraudulent casino.  Therefore, the argument about the lack of money to pay in this case can be assessed as a criminal offense.  In my opinion, this is exactly the case.



By the way, such sudden changes in TOS that infringe on the rights of players (first of all, of course, we are talking about the possibility of withdrawing the money won by the lucky one to his account) and this casino allows itself to be done in such a way as not to inform the players in advance, may have bad consequences for the casino. 
The player may simply take offense at such one-sided actions.  And yet, any player who has encountered such a situation at least once knows for sure that in the future you can expect unexpected troubles from such a casino.  So why even continue to play in such a casino when many other casinos do not.  And they warn players in advance about changes in the rules. 
Sometimes such casinos even refer to changes in legislation, which they obviously cannot violate.

I follow you with your opinion, casino owners knows that they needed to allocate good amount of funds to secure the business, before opening the site they need to anticipate that there are instances that the player/gambler might win huge amount and they need to cover that win to make sure that the trust will continue, it's not ethical to give that reasons that they don't have money to provide, those argument can trigger the potential that they can turn into scam after.


They should give awareness before changing anything, it's not professional if you just change your T&C without informing your clients.
If you want to established trust from the gamblers, it's a must to be open and never to do things that they will push them away to use your platforms / services.

Exactly this is your mistake my dear. But this condition is not good. And there are many casinos which impose these kind of terms to the users. And some of them change the terms and conditions but they don't inform the users this is not good too. These casinos should bold these kind of terms in the terms and conditions page which will be clearly visible to the users and users will be aware.

That is the importance of reading the terms and conditions at the casino first before making a deposit, if we have already deposited money to the site after that we know that the requirements are complicated and having to make a bet more than 1x is of course very difficult especially if we have to reach the wagering requirements, the casino is not to blame in this problem because the gambler is wrong for not reading in advance about the wagering requirements.

Many have problems with incidents like this, people make deposits, then find it difficult to withdraw their money and in the end, the deposit money runs out because they lose the game, that's why it's important to read before playing at a casino or gambling platform.

Personally, to say they lack funds I don't think so at all, because they have a lot of capital, and also if we compare it to the number of losses of each user I believe the number of losses of each user will be greater than the number of wins. So to say they're understaffed and I think that is preposterous nonsense.
I'm sure when they set up a gambling site, they have really considered what will happen, and in the beginning they can even spend a lot of money for a promotion from their site. Unless from the start they had no intention of paying and intended to make things difficult for users.

And most gamblers don't want to read the terms before depositing money, so many have withdrawal problems. It is the fault of the gamblers but they don't want to be blamed and complain to the support service.

If they admit it and don't repeat their mistake by always reading the rules before depositing their money, they won't have a problem. They will be calm in playing and can enjoy it.

The problem of requirements will never be resolved as long as gamblers do not desire to always pay attention to what is and is not allowed from the casino. We have to make sure everything we can do and if we can't or can't afford it, we don't have to try. Many other promotions don't require high wagering requirements so we can participate and get them.

Carelessness is the reason why most gamblers fall victim to high wagering requirements because if they don't be lazy and read the terms and conditions at the time of signing up with the platform, they would come to know the requirements and if they find them not suitable for them, they can simply not deposit an gamble with the platform and look for another casino instead, but it barely happens because most people find terms and conditions boring and they don't read them.

One shouldn't complain or blame the platform later on when they face issues if they haven't read the terms and conditions and done any research from their side before joining the platform and depositing any money, if you have done it and then you face issues, you can complain openly and the casino will be deemed guilty in that case.

There's rules that they needed to implement and the logic you are saying, they are business and they don't want to mess with it, those rules and regulations are in need to be follow, if the wagering requirements are indicated clearly then there's nothing that you can do but to comply and meet that requirements for you to withdraw your money, but if that requirements are just added without a notice then it can be called as scam practices.

One thing I am very sure of is that, casinos that care about there users will sure do all they can to protect their users and also give them the very best services they can offer, but they(the casino) must figure out a way to do this that it won't affect their finance, finance is the major factor/aspect of running a casino successfully, because, if the casino treat the customers so well in every other aspect, but fail to pay the customers winnings due to lack of fund, the customer will still scream, wail and call the casino a scam and a cheat.

This is why I think casinos do as much as they can to gather funds, in other to never to have to tell their customer that the reason they can't pay the winning immediately is because the lack fund,  I believe if a friend tells you that a casino has not paid his winning because they lack fund, you will do all you can to stay away from such casino.

gamblers and casinos must understand each other, on the one hand we as gamblers will definitely look for casinos that do not have strict regulations and make it difficult for users to achieve the conditions they set. On the other hand, casinos must also be able to provide as little leeway as possible so they don't lose a lot of customers because they can't comply or find the rules given by the casino to be too difficult. The casino will always have an advantage in any case, so they have to do their best to avoid causing trouble for their users.

I have been very disappointed with the casino sites that are new, some when they are deposited do what they know to seize our funds, with deceit, with many traps, and sometimes those things one falls and is disappointing,.

 What you say is absolutely right and I certify it, I don't trust casinos that are new for that reason, the only way is that they have been around for a reasonable time and that I see reviews and everything, but I don't dare to write reviews because It is putting money at stake and giving it up almost for lost, that is why the caisnos that are older are the best.

Indeed. It's understandable to have wagering requirements because casino is a business and it's just right to have such condition before we can withdraw. However, if the gamblers are seeing it as not fair because of high wagering, it can only discourage them to gamble because it's hard to fulfill, so they will just stay away. Obviously, it doesn't look good for the casino because gamblers might hesitate to play knowing their requirement before you can withdraw especially if you're just an average gambler.

Thus, if the casino do care to their gamblers they will not only think of what can benefit them but also take into consideration their players as well.

And yet I am not aware of a casino that has very low wagering requirements for their bonuses, so this makes me wonder if no casino has ever thought about it or is there something in this market that disallows casinos to give such bonuses?

And I think the latter explanation makes the most sense, due to the pseudonymous nature of this market I think that bonus abusers have a very easy time trying to abuse the policies of casinos and claim bonuses which do not belong to them, and the only option casinos have to protect themselves from those cheaters is to raise their wagering requirements, a move that bothers the rest of their clients, but casinos do not have too much of a choice other than to implement those policies or go bankrupt because of those cheaters.

We all know that these casinos are doing business and none of them is running for charity purpose. The motive of the casino is to make money but at the same time they should also care about the people. If a casino is earning a lot and if they give some bonus to the customers, why not give it in a way that they can also take advantage of it and enjoy some money.
This is only possible if the wagering requirements are low. Good business model works where the customers are also given the facilities and not just the business owners or gambling site owners dominate and make money.

Trust me if a gambling sites will favor the gamblers with low wagering requirements, soon you will find all the gamblers shifted to that casino, giving them a really good business.

thus, you always need to check the conditions of the site before depositing any penny to them. it is your responsibility to read their terms as they won't be held liable if you failed to inform yourself about their ToS. a lot of good and reputable casinos are requiring 1x wagering reqmt, but some are requiring 5x or more. be cautious about those gambling sites.
even 5x is hard to achieve if you don't know how to handle your funds. if you want to reach such requirement, be aware about your bet amount and the odds that come with it.

Indeed, its not simple. Promotions and bonuses can be enticing, yet they often serve as gilded lures for the unwary. Its apparent that the house invariably has some cunning strategies tucked away! Why would they willingly facilitate your money withdrawal? It's a commercial venture, after all! However, it's not entirely a bleak picture. There exist genuine gambling platforms with equitable wagering requisites. It primarily boils down to identifying the correct one! The key lies in maintaining heightened vigilance and a keen intellect, doesnt it? Regarding the wagering prerequisites for deposit bonuses, undoubtedly, they're a bothersome hurdle. Yet, why would the house distribute giveaways devoid of conditions?