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Topic: Wagering requirements for withdraw - page 21. (Read 4805 times)

legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
May 10, 2023, 02:34:12 PM

It's pretty common indeed but you need to keep doing your part in terms of reading the terms and condition to make sure you'll be able to maximize the uses of the gambling site you pick to play your game, with proper understanding of the requirements you will not be surprise if something is needed to implement since you do your part reading and understanding what is being said.

Accepting the requirements means that you are willing to follow whatever the house is implementing, for you to be able to transfer your money or for you to manage to take advantages of any offers that the house is offering.

this is a pretty common mistake which even veteran gamblers still suffer. we all know that carelessness isn't the main reason why people sometimes overlook about this rules and regulations, sometimes being excited to try something new out of pressure from other people can also overlook this rules, and much more common reason is due to laziness. also there's this rules that are not specially highlighted in order to confuse bettors, which are commonly seen on shady gambling sites or newly created ones without future plans and just existed solely to rob money for those who wanted entertainment. this is usually what happened in my country, there have been many issues like losing their money inside their e-wallets (our locally provided e-wallet) after linking their accounts to new gambling site. due to so many influences like social media influencers promoting, people claiming they won a lot and actually claimed their prizes and the fact that you can gamble with only small amount is the trigger why most of my fellow acquiantances ignore their security in exchange of money. to be honest it is sad and at the same time it's destroying the image of gambling which can lead to the future banning of all online casinos in our country, but most of the fault is on their users for not securing themselves.

Most is laziness for sure, thinking that they are already good in understanding the rules but still getting scam or being stuck because of huge wagering requirements as they did not read everything under the terms and agreement, I agree that even experienced gamblers can still suffer from same mistake and will also undergo with working along the site support team.

If you are lucky, you'll be able to solve it, but if not, you will accept the fact that it was in the rules that you needed to follow.

newbie
Activity: 32
Merit: 0
May 10, 2023, 02:10:09 PM
Trustdice requires a 5x wagering requirement for withdrawals without any bonuses, just like the Betfury platform. Last year, I deposited money and did not receive any bonuses. When I reached the 1x wagering requirement and requested a withdrawal, they said that sports betting also required a 5x wagering requirement. Then when I finally met the 5x requirement, they asked for KYC verification, and I argued with customer service about why they didn't mention it earlier. After completing the 5x wagering and KYC during our dispute, their customer service suddenly closed our chat window. They did it! I guarantee!!! This is an absurd company. I contacted customer service again to say that I don't want to withdraw anymore because even if kyced in their company there is no certainty of being able to withdraw later on. So I told them directly that I don't want it anymore anyway since at most i will lose my deposit amount which is between $200-300.
hero member
Activity: 1708
Merit: 566
Leading Crypto Sports Betting & Casino Platform
May 10, 2023, 11:32:12 AM

the problem is, so many people tend to overlook reading the terms of conditions on sites that's why people get stucked on the site not knowing what to do. also the thing that worries me the most is that, you need some good recommendations from someone who is a trusyworthy user on that site since some reviews can be fake too. i have tried various gambling platforms out of curiosity and most sites i visited have different rules in which they focus on their specialty offered on their house and being not able to withdraw to a ceratin threshold is pretty common on those sites like dice, slots and those fast money-making games.

It's pretty common indeed but you need to keep doing your part in terms of reading the terms and condition to make sure you'll be able to maximize the uses of the gambling site you pick to play your game, with proper understanding of the requirements you will not be surprise if something is needed to implement since you do your part reading and understanding what is being said.

Accepting the requirements means that you are willing to follow whatever the house is implementing, for you to be able to transfer your money or for you to manage to take advantages of any offers that the house is offering.
This has been talked about a lot before, and indeed the main reason many have problems is that people are lazy to read it or they think the rules in every casino are the same, even though things are very different.
Indeed, reviews can be faked, but we can sort that out and see how many give positive reviews and how many give negative reviews. It can be a reference for us, although in the end we have to check it first. However, for reputable casinos, especially those on this forum, it can be recommended.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 10, 2023, 08:59:31 AM
Never play on this scam casino

https://trustdice.win/terms

Terms & Conditions

1. General
5. Withdrawals
5.10 In order to make a withdrawal, a player must wager 5x from the deposit amount.

If you see such a paragraph in the rules of a gambling site, it doesn't mean that this is a scam casino. Of course, such a requirement from a casino is absolutely unpleasant for users, especially if a user makes a deposit without reading the terms and conditions.
Unfortunately, the trend is that many other gambling sites have roughly the same requirements, and x5 is not so much. It seems to me there are two reasons why gambling sites add mandatory wagering requirements. First of all, they want users to spend as much money as possible on their sites, and they also want to prevent cheaters from using their platforms for money laundering.
That's right, It's a term that they put to make you agree on. This is why reading T&C of a casino is important so you won't have any problem with the casino upon withdrawing. But yeah I think it's bit unfair to ask players to wager 5x the amount before withdrawing. I personally won't play on a casino if I saw this kind of rule. I understand that there are such things to do to avoid illegal things like money laundering but 5x is just so high for me, 2-3x is enough I believe to avoid players to do money laundering in their casino. I hope casinos won't resort into this kind of high wagering requirements just to avoid money laundering.
legendary
Activity: 2996
Merit: 2229
May 10, 2023, 08:39:58 AM
Never play on this scam casino

https://trustdice.win/terms

Terms & Conditions

1. General
5. Withdrawals
5.10 In order to make a withdrawal, a player must wager 5x from the deposit amount.

If you see such a paragraph in the rules of a gambling site, it doesn't mean that this is a scam casino. Of course, such a requirement from a casino is absolutely unpleasant for users, especially if a user makes a deposit without reading the terms and conditions.
Unfortunately, the trend is that many other gambling sites have roughly the same requirements, and x5 is not so much. It seems to me there are two reasons why gambling sites add mandatory wagering requirements. First of all, they want users to spend as much money as possible on their sites, and they also want to prevent cheaters from using their platforms for money laundering.
legendary
Activity: 3500
Merit: 1354
May 10, 2023, 08:26:42 AM
I think you do not get the point here, mathematically the difficulty is the same for both small and bigger deposit.
Here is simple example for 5x wagering requirement for $20 and $200 deposit: For $20 deposit, you need to wager $100 and for the $200 deposit, you need to wager $1,000.
By logic and by math, wagering $100 starting with $20 is equal to wagering $1,000 starting with $200 and the expected lose is also equal in terms of percentage (not in amount).
Let's say the scenario or calculation as you say.
Let's say we deposit $20 and get a 5x wagering requirement so we have to wager $100, but we find it difficult to reach a $100 wagering requirement and even all that $20 is used up before we can reach a $100 wager.
How can we withdraw the money if all our money is gone?
But if our bankroll is greater than $100 or even $1,000, maybe it won't be difficult to reach the bet because we have a large bankroll.
Maybe I don't understand the mathematical difficulty, so I think it's simple.
Usually, a wagering requirement comes with the promotions so maybe it is better not to chase the promotions and check the requirement first before applying.

Wait, do you mean to with bigger bankroll to wager the same amount as the $20 deposit with $100 to wager?
The idea of this topic is related to deposit with wagering requirement, means that the bigger you deposit = the bigger amount you need to wager.
I think I have provided you a simple example, but it seems that you still dont get what is the main idea of this topic.
One more thing, this is also not about wagering requirement for promotions, but purely for deposit without any bonus.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
May 10, 2023, 04:13:48 AM
I think you do not get the point here, mathematically the difficulty is the same for both small and bigger deposit.
Here is simple example for 5x wagering requirement for $20 and $200 deposit: For $20 deposit, you need to wager $100 and for the $200 deposit, you need to wager $1,000.
By logic and by math, wagering $100 starting with $20 is equal to wagering $1,000 starting with $200 and the expected lose is also equal in terms of percentage (not in amount).
Let's say the scenario or calculation as you say.
Let's say we deposit $20 and get a 5x wagering requirement so we have to wager $100, but we find it difficult to reach a $100 wagering requirement and even all that $20 is used up before we can reach a $100 wager.
How can we withdraw the money if all our money is gone?
But if our bankroll is greater than $100 or even $1,000, maybe it won't be difficult to reach the bet because we have a large bankroll.
Maybe I don't understand the mathematical difficulty, so I think it's simple.
Usually, a wagering requirement comes with the promotions so maybe it is better not to chase the promotions and check the requirement first before applying.

^This is a very important factor when using any casino, don't forget to read TOS before anything else even though they offer bonuses, because gambling casino does not offer bonuses that don't have a wagering requirement. This can help to prevent any misunderstandings or difficulties when trying to withdraw winnings. Because some casinos may have higher wagering requirements than others, and it is up to the player to decide what is reasonable for them.
Reading the ToS is a recommendation required by every gambler to understand the rules in each casino.
The casinos have different rules so we need to adjust to the rules and try to follow them so we don't experience difficulties later.
If the promotion from the casino does not require betting requirements, we can participate in it, but if not, we should think again about participating in the promotion and always adjust it according to our balance.
Thus we won't complain when we find out that casinos have high wagering requirements because we know it before.
sr. member
Activity: 2296
Merit: 348
May 10, 2023, 01:00:15 AM
the problem is, so many people tend to overlook reading the terms of conditions on sites that's why people get stucked on the site not knowing what to do. also the thing that worries me the most is that, you need some good recommendations from someone who is a trusyworthy user on that site since some reviews can be fake too. i have tried various gambling platforms out of curiosity and most sites i visited have different rules in which they focus on their specialty offered on their house and being not able to withdraw to a ceratin threshold is pretty common on those sites like dice, slots and those fast money-making games.
I don't think there can be a bigger mistake than a gambler using a martingale strategy in a game where the chances for the house to win are way more than themselves, but not reading the terms and conditions is an even bigger mistake than one should never make. It only takes up a few minutes of your time and can save you a lot of time and money.

Most people try new platforms with the hope of getting some bonus with their deposit and then maybe gambling their way to the top and withdrawing some, which barely happens due to the wagering requirements of the platforms.
jr. member
Activity: 100
Merit: 4
May 09, 2023, 07:52:51 PM
Never play on this scam casino

https://trustdice.win/terms

Terms & Conditions

1. General
5. Withdrawals
5.10 In order to make a withdrawal, a player must wager 5x from the deposit amount.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
May 09, 2023, 06:00:51 PM
5x wagering before having to withdraw your money is a bad trick by the casino owner to try to prevent people from withdrawing all their funds and their winnings off the platform, I won't use such online gambling platform ever again. Honestly, I have never come across such, and would be better if you can tell us the name of the gambling platform but it's cool.

Totally agree with you, 5x wagering requirement is no different from day light robbery, robbery is even better because in it, you are forced to give out your money and other valuable items at a gun point or something, but in a casino with 5x wagering requirement, you willingly give out your money only to discover you can't have it back when you want it, such casinos can only be of good service to addict gamblers, not for persons who just wanna have some fun gambling.

I have never liked these things, the 5x betting requirement is not so much, recently I saw a 50x betting requirement which seemed really exuberant to me and for me in particular Impossible to do,
Seriously mate? there is a site that requires us to have 50x wager before withdrawals?

Mind sharing that site name here mate? so for sure we will all bookmark that and never to play in there? thanks.
Quote
If I see such high betting requirements, I simply don't do them or I put that Casino as less important to me, because what they are looking for there is to have the ,money just for themselves and obviously the chance of winning is greatly reduced and that is not nice to Nobody,so I don't put the bonus or I just go to another casino.


that will be added to my blocked site , that is truly annoying what more if that said player has no time or lazy in reading and understanding TOS?

so for sure he will be locked in that site just to take back His winning .
I have to look for it,and when I find it I share it with you, no problem, when I saw and found out about it I didn't even Bother to enter it because it doesn't make sense,that for me in the end will become a scam casino, I have also I have Seen in other Threads that there is another casino that demands 100x, that is out of my limits, actually I am very honest,I am not capable,if nothing else with the 1x requirement sometimes I fail, now a 100x that is something that no, it doesn't go with me Anymore,so I avoid it.
hero member
Activity: 2590
Merit: 644
May 09, 2023, 04:46:32 PM
When it comes to the conditions that a casino platform has here in cryptocurrency, we gamblers still have no choice but to follow it. But if we knew their Tos from the beginning, then we can immediately decide if we will continue to play on their gambling platform.

       Also, as far as I know, the level of wagering requirements of casino platforms in the crypto space is not uniform. So it's important that you really know this from the beginning before we enter our money to bet here.
That is why before depositing any amount, we must read the ToS and ask the support service for any other requirements.
This is to prevent us from having difficulties after playing and wanting to withdraw the money because that usually happens to many gamblers.
Casinos have their own calculations so they apply different wagering requirements so we have to know that first.
By knowing the ToS, we can choose a reasonable casino so we can immediately deposit money and gamble at that casino.
And we don't need to play in casinos with exorbitantly high wagering requirements.
^This is a very important factor when using any casino, don't forget to read TOS before anything else even though they offer bonuses, because gambling casino does not offer bonuses that don't have a wagering requirement. This can help to prevent any misunderstandings or difficulties when trying to withdraw winnings. Because some casinos may have higher wagering requirements than others, and it is up to the player to decide what is reasonable for them.
hero member
Activity: 3010
Merit: 794
May 09, 2023, 04:23:43 PM
If the wagering requirement is that we have to bet xx times before withdrawing the money, we will certainly have difficulty if we only deposit $ 10-$ 20.
That amount can run out quickly even before we can reach the xx times that is the wagering requirement.
But if you deposit $50-$100, of course, you won't find it difficult to reach xx times the wagering requirement.
And as gamblers who don't want to risk losing too much money, we should gamble moderately and not try to chase promotions that are too demanding.
It might be right to look for casinos that do not have low wagering requirements.

I think you do not get the point here, mathematically the difficulty is the same for both small and bigger deposit.
Here is simple example for 5x wagering requirement for $20 and $200 deposit: For $20 deposit, you need to wager $100 and for the $200 deposit, you need to wager $1,000.
By logic and by math, wagering $100 starting with $20 is equal to wagering $1,000 starting with $200 and the expected lose is also equal in terms of percentage (not in amount).


Here things can be seen in a simple way because anyone says, I bet 20usd and it is easy to reach 100usd, but sometimes things are not so difficult, to reach that amount many things must be done, also before I had the confusion that you had to bet 20 usd until you reached 100 usd, that was before one of my doubts, a casino should not demand so much for a bonus or to be able to withdraw, because then if things are so difficult, they do not give that bonus or that contest because It is very difficult to reach that amount for a common player and even if a player is very expert, it is difficult, very difficult to reach that amount.

There are casinos or platforms which do give out some option on the time that you do make out some deposits whether those bonuses would be automatically be applied into your account balance or would really be that possibly be having a choice whether you would be activating it or not which it would really be that a common approach or to those old gamblers would be choosing on having no bonuses or whatsoever because
we've been pretty aware on what we are dealing with and its not something im interested either considering that wagering requirement is really that too high.

Whether we are talking about deposit bonuses or simply with other promotional then it would really be that subject on the specific rollover requirement. If you dont have any experience or awareness on what it is,
then  you would be looking that they are really that generous considering on the bonus or numbers they've been giving out but on the time that you would be busting up all of your balance
then this is where self realization would kick in and would having those thoughts that its never been that worth on getting those bonuses.
sr. member
Activity: 1092
Merit: 342
Hire Bitcointalk Camp. Manager @ r7promotions.com
May 09, 2023, 02:17:13 PM
If the wagering requirement is that we have to bet xx times before withdrawing the money, we will certainly have difficulty if we only deposit $ 10-$ 20.
That amount can run out quickly even before we can reach the xx times that is the wagering requirement.
But if you deposit $50-$100, of course, you won't find it difficult to reach xx times the wagering requirement.
And as gamblers who don't want to risk losing too much money, we should gamble moderately and not try to chase promotions that are too demanding.
It might be right to look for casinos that do not have low wagering requirements.

I think you do not get the point here, mathematically the difficulty is the same for both small and bigger deposit.
Here is simple example for 5x wagering requirement for $20 and $200 deposit: For $20 deposit, you need to wager $100 and for the $200 deposit, you need to wager $1,000.
By logic and by math, wagering $100 starting with $20 is equal to wagering $1,000 starting with $200 and the expected lose is also equal in terms of percentage (not in amount).


Here things can be seen in a simple way because anyone says, I bet 20usd and it is easy to reach 100usd, but sometimes things are not so difficult, to reach that amount many things must be done, also before I had the confusion that you had to bet 20 usd until you reached 100 usd, that was before one of my doubts, a casino should not demand so much for a bonus or to be able to withdraw, because then if things are so difficult, they do not give that bonus or that contest because It is very difficult to reach that amount for a common player and even if a player is very expert, it is difficult, very difficult to reach that amount.
newbie
Activity: 210
Merit: 0
May 09, 2023, 10:14:27 AM
I believe that experienced players do not use the deposit bonus. It is much better to play in a casino where there is a high cashback and big birthday gifts
sr. member
Activity: 2436
Merit: 455
May 09, 2023, 08:43:17 AM
the problem is, so many people tend to overlook reading the terms of conditions on sites that's why people get stucked on the site not knowing what to do. also the thing that worries me the most is that, you need some good recommendations from someone who is a trusyworthy user on that site since some reviews can be fake too. i have tried various gambling platforms out of curiosity and most sites i visited have different rules in which they focus on their specialty offered on their house and being not able to withdraw to a ceratin threshold is pretty common on those sites like dice, slots and those fast money-making games.

This is right.

Sometimes, people do not really care about reading the TOS first before agreeing because they find it too long to read. It may appear as a hassle to some, but it is really important to read the policies before depositing in a casino website and even in other platforms in general. This is where the issues start. The laziness of the people and their nonchalantly attitude of being complacent makes them unaware of the things that are important and relevant. Hence, when an inconvenience happen, all they do is to already rant and complain instead of trying to fix the situation first or analyzing where they went wrong.

Regarding fake reviews, these kind of feedback really do exists. Some are form of shilling and paid advertisement from the casino itself disguised as feedback to encourage more players to try their site. You need to be vigilant to spot which is unbiased and biased review. That's why you must do a research to know whether what they say about the site is accurate or not.
legendary
Activity: 3500
Merit: 1354
May 09, 2023, 05:00:01 AM
If the wagering requirement is that we have to bet xx times before withdrawing the money, we will certainly have difficulty if we only deposit $ 10-$ 20.
That amount can run out quickly even before we can reach the xx times that is the wagering requirement.
But if you deposit $50-$100, of course, you won't find it difficult to reach xx times the wagering requirement.
And as gamblers who don't want to risk losing too much money, we should gamble moderately and not try to chase promotions that are too demanding.
It might be right to look for casinos that do not have low wagering requirements.

I think you do not get the point here, mathematically the difficulty is the same for both small and bigger deposit.
Here is simple example for 5x wagering requirement for $20 and $200 deposit: For $20 deposit, you need to wager $100 and for the $200 deposit, you need to wager $1,000.
By logic and by math, wagering $100 starting with $20 is equal to wagering $1,000 starting with $200 and the expected lose is also equal in terms of percentage (not in amount).
full member
Activity: 443
Merit: 110
May 09, 2023, 04:54:39 AM

It's pretty common indeed but you need to keep doing your part in terms of reading the terms and condition to make sure you'll be able to maximize the uses of the gambling site you pick to play your game, with proper understanding of the requirements you will not be surprise if something is needed to implement since you do your part reading and understanding what is being said.

Accepting the requirements means that you are willing to follow whatever the house is implementing, for you to be able to transfer your money or for you to manage to take advantages of any offers that the house is offering.

this is a pretty common mistake which even veteran gamblers still suffer. we all know that carelessness isn't the main reason why people sometimes overlook about this rules and regulations, sometimes being excited to try something new out of pressure from other people can also overlook this rules, and much more common reason is due to laziness. also there's this rules that are not specially highlighted in order to confuse bettors, which are commonly seen on shady gambling sites or newly created ones without future plans and just existed solely to rob money for those who wanted entertainment. this is usually what happened in my country, there have been many issues like losing their money inside their e-wallets (our locally provided e-wallet) after linking their accounts to new gambling site. due to so many influences like social media influencers promoting, people claiming they won a lot and actually claimed their prizes and the fact that you can gamble with only small amount is the trigger why most of my fellow acquiantances ignore their security in exchange of money. to be honest it is sad and at the same time it's destroying the image of gambling which can lead to the future banning of all online casinos in our country, but most of the fault is on their users for not securing themselves.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
May 09, 2023, 12:32:16 AM
When it comes to the conditions that a casino platform has here in cryptocurrency, we gamblers still have no choice but to follow it. But if we knew their Tos from the beginning, then we can immediately decide if we will continue to play on their gambling platform.

       Also, as far as I know, the level of wagering requirements of casino platforms in the crypto space is not uniform. So it's important that you really know this from the beginning before we enter our money to bet here.
That is why before depositing any amount, we must read the ToS and ask the support service for any other requirements.
This is to prevent us from having difficulties after playing and wanting to withdraw the money because that usually happens to many gamblers.
Casinos have their own calculations so they apply different wagering requirements so we have to know that first.
By knowing the ToS, we can choose a reasonable casino so we can immediately deposit money and gamble at that casino.
And we don't need to play in casinos with exorbitantly high wagering requirements.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
May 08, 2023, 05:52:17 PM
It's pretty common indeed but you need to keep doing your part in terms of reading the terms and condition to make sure you'll be able to maximize the uses of the gambling site you pick to play your game, with proper understanding of the requirements you will not be surprise if something is needed to implement since you do your part reading and understanding what is being said.

Accepting the requirements means that you are willing to follow whatever the house is implementing, for you to be able to transfer your money or for you to manage to take advantages of any offers that the house is offering.
Do you know that some persons does not to be an instruction of a particular gambling platform before they participate to that have already cause people things that they don't know or lead them into problems so it is good from my understanding to at least studied a particular platform that you want to partner with very well before you make your bet so that you will not have any difficulties during the withdrawal
It is not new to us that many of us are liable for some breach in terms and conditions because we are not always ready to read some large article of what we are expected to know for us to gamble on a particular platform. We just go through and open an account and start betting without knowing all it takes for us to use that particular platform.
Same thing I normally do but I had learnt my lesson when I breach the rule of the game I was playing online and I ended up not getting paid.
Always be mindful on reading up site terms and conditions so that you wouldnt really be experiencing some problems later on because on the time that you would be experiencing some withdrawal holds then you

would be commonly having that kind of questions raised and would really be making out some accusations without even trying to look back on whats the sites term which you would really be ending up on looking
yourself to be a clown on the time that you would be making out some complaints or accusations. This is why it is really just that right that you should really be having that standard behavior on reading up
TOS so that you would really be that aware on whats the thing around.

Wagering requirement is really that needed specially on the time that you do make out some deposits and much more when you do dive in with some bonuses or simply been activating it.
They wont really be giving out those freebies for nothing.
member
Activity: 686
Merit: 21
May 08, 2023, 05:41:58 PM
It's pretty common indeed but you need to keep doing your part in terms of reading the terms and condition to make sure you'll be able to maximize the uses of the gambling site you pick to play your game, with proper understanding of the requirements you will not be surprise if something is needed to implement since you do your part reading and understanding what is being said.

Accepting the requirements means that you are willing to follow whatever the house is implementing, for you to be able to transfer your money or for you to manage to take advantages of any offers that the house is offering.
Do you know that some persons does not to be an instruction of a particular gambling platform before they participate to that have already cause people things that they don't know or lead them into problems so it is good from my understanding to at least studied a particular platform that you want to partner with very well before you make your bet so that you will not have any difficulties during the withdrawal
I think that you are right in this particular point because it is not every person who is interested to know the rules or the instruction of a particular gambling platform so that cause a lot of controversial problems because of lack of knowing the rules and regulation of that particular gambling platform so I believe that we supposed to read and understand and follow the protocols of platform before we join them
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