Wagering requirements for withdraw - page 24.

SirLancelot

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Quote from: coinerer on April 30, 2023, 03:55:07 AM

Quote from: Webetcoins on April 30, 2023, 02:20:23 AM

No one can complete a wagering requirement that is so high only by being patient but they need to be extremely lucky in order to reach that threshold since they will need to win significantly high amounts in order to keep playing different games and even if they keep losing, some of their balance will still remain that they can withdraw after the requirements have been met.

Wagering of $5k is very high so it is very difficult for a small and nonprofessional gambler to fulfill it. because if the luck is bad and a gambler keeps losing gambling then he has to lose huge amount of funds to make up this wagering. this is a really unfair wagering requirement. Wagering requirement without any kind of deposit bonus means forcing it on someone so such gambling site can never be a good and reputable casino site.

Even a professional gambler won't be able to fulfill requirements that are too high since gambling is not about professionalism and even a professional gambler has to go through losses and streaks of losses. So someone who is in the process of trying to complete a wagering requirement is most likely to lose all their bankroll or most of it in between the process.

So it is outright unfair if a casino has a wagering requirement of more than 1x for a deposited amount, if they are giving a bonus with the deposit and have the wagering requirements on that, that's understandable.

slapper

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Quote from: wxa7115 on April 30, 2023, 09:08:54 PM

Quote from: slapper on April 30, 2023, 11:29:12 AM

Laundering dough? Please! Laundering garments, way better - keeping those whites bright! Joking aside, money laundering in online casinos? A major issue, like building a wall. Big money attracts shady folks, no surprise. We, the players, gotta do our homework. Stick to safe, secure platforms. Hit the jackpot? Tell the IRS! Uncle Sam needs his piece of the cake! Online gambling: a world of surprises, opportunities. But we gotta play fair, keep it safe, and secure for everyone. Let's do it, folks!

In fact that should be one of the main motivators to gamble at reputable casinos and follow their TOS, after all if you happen to be one of the lucky gamblers which wins a massive amount of money at the casino, you do not want that to happen at a casino which will never pay you or to discover you did something which violated their TOS and they can refuse to pay you.

And while it is clear this is unlikely, it is still a possibility, as even if it is not exactly the same I remember reading the cases of people that won the lottery, but they lost their ticket, and as such they were unable to claim their prize money.

I get it; you're arguing that we should only play at the most reputable casinos and abide by their policies. However, some argue that the gaming industry preys on the weak in exchange for hard cash. Chance in a bet? highly contentious. The chances are stacked in your favor, some people say; it's not luck. "Winning big" seems like a mirage, an illusion meant to keep you playing.

While there are procedures in place to prevent fraud at online casinos, there have been cases where legitimate customers were treated unfairly. Confidence in the market? Not really. It feels like the game's rigged against us, folks

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Quote from: serjent05 on April 29, 2023, 05:06:33 PM

Quote from: danadc on April 29, 2023, 03:21:09 PM

Yes, normally when I go to a casino I move little money and if I win I would not like my Winnings to be Blocked because the casino has suspicions of money laundering, when there are licenses the casinos can look very legal, but they can scam, they can to launder money and legally, the only way is to trust the most reputable casinos.

Yes, we can trust reputable casinos but I still advice to be vigilant. Don't leave all your fundings as a bankroll on any gambling platform. Just deposit the amount you are able to lose, and withdraw winnings regularly.

When using casinos, we have to really trust them so that there is no feeling of worry or fear when playing. It's just true what you said is that you have to stay alert so that bad things don't happen in the future.
Keeping large amounts of money in a casino wallet is not a good thing because it is very high risk, moreover the account that is used can also get suspicion from the casino team.
I myself always choose to deposit a certain amount of money when I'm going to gamble and immediately withdraw everything if there is more profit or a remaining loss which is still quite a lot because if I don't withdraw everything then it can run out because I want to go back to playing.

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Quote from: abel1337 on April 27, 2023, 08:59:39 AM

Quote from: ethereumhunter on April 26, 2023, 01:46:55 AM

Quote from: Eureka_07 on April 25, 2023, 10:29:28 PM

Quote from: Bitinity on April 25, 2023, 08:56:09 PM

Quote from: jostorres on April 25, 2023, 05:28:24 AM

X30-X50 is actually standard wagering requirement for deposit bonus, but if you look at the other thread created by OP, you will find a casino that ask you to wager x10-x30 for deposit without bonuses. I havent checked myself, but it proves that high wagering for normal deposit does exist in the gambling industry and I believe players will not stay long in casino with high wagering requirement for deposit without bonus.

Wagering requirements for Welcome Bonuses can go as high of 100x (maybe even higher). I've seen it before. Personally 30x-50x is already high, however, some casinos tend to set higher wager requirements because there are players that are still able to win through that requirement. Another reason is that they do not want to just give money away (or maybe they don’t really want it at all) so they make it as hard as possible.

The wagering requirements for bonuses I've seen are 100x and I think that seems ridiculous because the requirements are so high and maybe only a few gamblers can get them and who knows how much they have to lose before they can withdraw. Even though there are still players who can win, it will not be within reach of small gamblers like us because we gamble not using a lot of money and just want to have fun so we are not recommended to try to take the bonus. I prefer another reason why casinos don't want to give their money away: they only want to get money from gamblers who have lost. We must prevent it from happening to us and there is no need to try to get the bonus if we see it is very difficult.

In short, It's a bonus that is nearly unclaimable. Only few gamblers would claim it given that the wagering requirement are outrageously high. If I'm on that situation of trying to claim that, I would certainly stop instantly because I'm positive that the money you are using to wager will be drained given that the casino has an house edge and other factors in losing your money. I haven't heard a casino that has a wagering requirement before withdrawing but for bonuses, There's a lot of casino. This kind of wagering requirement is a pure BS in my opinion.

In short, most casinos actually convert gamblers by making them lose. If there are any bonuses given by the casinos here in the crypto business, it for sure also comes from those who put money into the platform who are also gamblers.

I don't think I've ever seen a casino that paid the winning gamblers right out of their own pockets even from the bonuses they had. This is because this is the ecosystem that crypto gambling lives in even in traditional based land casinos.

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Quote from: slapper on April 30, 2023, 11:29:12 AM

Laundering dough? Please! Laundering garments, way better - keeping those whites bright! Joking aside, money laundering in online casinos? A major issue, like building a wall. Big money attracts shady folks, no surprise. We, the players, gotta do our homework. Stick to safe, secure platforms. Hit the jackpot? Tell the IRS! Uncle Sam needs his piece of the cake! Online gambling: a world of surprises, opportunities. But we gotta play fair, keep it safe, and secure for everyone. Let's do it, folks!

In fact that should be one of the main motivators to gamble at reputable casinos and follow their TOS, after all if you happen to be one of the lucky gamblers which wins a massive amount of money at the casino, you do not want that to happen at a casino which will never pay you or to discover you did something which violated their TOS and they can refuse to pay you.

And while it is clear this is unlikely, it is still a possibility, as even if it is not exactly the same I remember reading the cases of people that won the lottery, but they lost their ticket, and as such they were unable to claim their prize money.

slapper

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Quote from: serjent05 on April 29, 2023, 05:06:33 PM

Quote from: danadc on April 29, 2023, 03:21:09 PM

How could money laundering affect us? We are regular players, I go to some casinos, I register and make a deposit in very few because I don't like it, especially if it's a new casino, but what do they talk about money laundering, how can one be a safe player?

Money laundering can affect us when the casino uses it as a leeway to confiscate our funds especially when we win a huge amount that is somehow impossible for the casino to provide especially the small platforms. We will be asked with KYC then when cleared they will heighten the requirement by asking the player for proof of funds. It would be troublesome for the player, especially for us who earn from freelancing and side jobs and get paid with cryptocurrency and don't declare tax to the government. You see most of the proof of fund require bank statements, payslip,s or income tax return. If we failed to provide those then our fund can be consfiscated since they will tag the account of money laundering for the failure of providing proof of fund.

Laundering dough? Please! Laundering garments, way better - keeping those whites bright! Joking aside, money laundering in online casinos? A major issue, like building a wall. Big money attracts shady folks, no surprise. We, the players, gotta do our homework. Stick to safe, secure platforms. Hit the jackpot? Tell the IRS! Uncle Sam needs his piece of the cake! Online gambling: a world of surprises, opportunities. But we gotta play fair, keep it safe, and secure for everyone. Let's do it, folks!

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Quote from: coinerer on April 30, 2023, 03:55:07 AM

Quote from: Webetcoins on April 30, 2023, 02:20:23 AM

Quote from: danadc on April 28, 2023, 03:32:28 PM

Is it true what is that casnio called to never enter or register?I have seen that there are casinos that have many Betting requirements,but this is honestly the rudest of all, for that grace they must say that the deposit made can never be Withdrawn again and that's it, it is better that they be more sincere, but someone always appears who says: "with patience you can achieve that goal" lol only a robot can do that and whoever says to do it I will not believe it, for that it is always good to read, you have to stop being lazy and get very hard with casinos, especially casinos that are new and want to capitalize fast money.

No one can complete a wagering requirement that is so high only by being patient but they need to be extremely lucky in order to reach that threshold since they will need to win significantly high amounts in order to keep playing different games and even if they keep losing, some of their balance will still remain that they can withdraw after the requirements have been met.

Wagering of $5k is very high so it is very difficult for a small and nonprofessional gambler to fulfill it. because if the luck is bad and a gambler keeps losing gambling then he has to lose huge amount of funds to make up this wagering. this is a really unfair wagering requirement. Wagering requirement without any kind of deposit bonus means forcing it on someone so such gambling site can never be a good and reputable casino site.

From Op's story and sharing it here so that we can take lessons from other people's experiences to always read casino rules that we have never known before and only take a few minutes to find out all the casino rules so that they don't disappoint us after depositing and withdrawing funds.
If we always read the casino rules, we can definitely predict whether we want to continue depositing after seeing all the withdrawal rules.
All gamblers have the right to avoid casinos that have rules that are burdensome to their users.

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Quote from: Webetcoins on April 30, 2023, 02:20:23 AM

Quote from: danadc on April 28, 2023, 03:32:28 PM

Is it true what is that casnio called to never enter or register?I have seen that there are casinos that have many Betting requirements,but this is honestly the rudest of all, for that grace they must say that the deposit made can never be Withdrawn again and that's it, it is better that they be more sincere, but someone always appears who says: "with patience you can achieve that goal" lol only a robot can do that and whoever says to do it I will not believe it, for that it is always good to read, you have to stop being lazy and get very hard with casinos, especially casinos that are new and want to capitalize fast money.

No one can complete a wagering requirement that is so high only by being patient but they need to be extremely lucky in order to reach that threshold since they will need to win significantly high amounts in order to keep playing different games and even if they keep losing, some of their balance will still remain that they can withdraw after the requirements have been met.

Wagering of $5k is very high so it is very difficult for a small and nonprofessional gambler to fulfill it. because if the luck is bad and a gambler keeps losing gambling then he has to lose huge amount of funds to make up this wagering. this is a really unfair wagering requirement. Wagering requirement without any kind of deposit bonus means forcing it on someone so such gambling site can never be a good and reputable casino site.

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Quote from: serjent05 on April 29, 2023, 05:06:33 PM

Yes, we can trust reputable casinos but I still advice to be vigilant. Don't leave all your fundings as a bankroll on any gambling platform. Just deposit the amount you are able to lose, and withdraw winnings regularly.

That's what i'm doing. I only leave funds in my account to use for playing and when there's a winning amount, I immediately withdraw it to avoid losing it back. So far, I never had any problems in the casinos where I usually play. About the wagering requirements of the initial deposit, usually what I encounter is only 1x and it's easy to fulfill it for an average gambler like me who only use a small amount.

Quote from: Webetcoins on April 30, 2023, 02:20:23 AM

It is definitely not wise to gamble at such casinos if you already know about their rules and requirements since everyone understands that they are not really that lucky to be able to meet that requirement and still have something to withdraw at the end.

We always have a choice on where to gamble. If you already read their ToS and not agree with it then you can look for other casinos who don't have strict rules when it comes to wagering requirements and withdrawal. Aside from having fun, of course we also want to win too so if the casino's wagering requirement seems impossible to fulfill, it just shows they only want you to keep playing on their platform without a possibility to withdraw some earnings.

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Quote from: danadc on April 28, 2023, 03:32:28 PM

Is it true what is that casnio called to never enter or register?I have seen that there are casinos that have many Betting requirements,but this is honestly the rudest of all, for that grace they must say that the deposit made can never be Withdrawn again and that's it, it is better that they be more sincere, but someone always appears who says: "with patience you can achieve that goal" lol only a robot can do that and whoever says to do it I will not believe it, for that it is always good to read, you have to stop being lazy and get very hard with casinos, especially casinos that are new and want to capitalize fast money.

No one can complete a wagering requirement that is so high only by being patient but they need to be extremely lucky in order to reach that threshold since they will need to win significantly high amounts in order to keep playing different games and even if they keep losing, some of their balance will still remain that they can withdraw after the requirements have been met.

It is definitely not wise to gamble at such casinos if you already know about their rules and requirements since everyone understands that they are not really that lucky to be able to meet that requirement and still have something to withdraw at the end.

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Quote from: Rabata on April 29, 2023, 12:40:28 AM

Quote from: ethereumhunter on April 29, 2023, 12:01:50 AM

Quote from: dezoel on April 28, 2023, 03:20:52 AM

Quote from: ethereumhunter on April 26, 2023, 01:46:55 AM

Quote from: Eureka_07 on April 25, 2023, 10:29:28 PM

Wagering requirements for Welcome Bonuses can go as high of 100x (maybe even higher). I've seen it before. Personally 30x-50x is already high, however, some casinos tend to set higher wager requirements because there are players that are still able to win through that requirement. Another reason is that they do not want to just give money away (or maybe they don’t really want it at all) so they make it as hard as possible.

The wagering requirements for bonuses I've seen are 100x and I think that seems ridiculous because the requirements are so high and maybe only a few gamblers can get them and who knows how much they have to lose before they can withdraw. Even though there are still players who can win, it will not be within reach of small gamblers like us because we gamble not using a lot of money and just want to have fun so we are not recommended to try to take the bonus. I prefer another reason why casinos don't want to give their money away: they only want to get money from gamblers who have lost. We must prevent it from happening to us and there is no need to try to get the bonus if we see it is very difficult.

What is the casino that asks for a 100x wagering requirement for a bonus? That is just like simply not giving a chance to the gamblers to take anything home with the bonus since the amount is sure to be lost while trying to complete the wagering requirement and there will be nothing left for withdrawal by the time the requirement is fulfilled.

Such casinos are better left alone, people should choose casinos and platforms that have good bonuses with reasonable requirements where if you get a bit lucky, you can at least get something out of the bonus provided.

It is true. Casinos only prevent players from being able to withdraw their money even though the gambler won it legally and did not commit any fraud. Gamblers also won't want to stay in the casino and will choose to look for another casino that doesn't have such high wagering requirements. We don't need to play in such casinos because there are too many requirements that we don't want. And it's not worth trying because we only spend money in that casino without being able to withdraw the winnings.

Casino gamble provider who intend to operate a casino business with a specific goal will generally not have any problem with gamblers making withdrawals. Because the positive reputation plays the most important role in the development of a casino business. Gamblers can make a significant contribution to the development of the casino if all financial matters are made easier for the gamblers. If a casino company prevents a gambler from withdrawing money without any logical reason, then it must be understood that those casino organizations are standing on a weak infrastructure. Gradually those casinos will continue to collapse.

Even if such casinos collapse, it does not rule out that no other casinos that will end up being fraudulent will not operate because scam casinos will still be launched to find new targets. Gamblers need to be more careful because such casinos will use other ways of cheating gamblers. Only a wary gambler can avoid scam casinos and not experience wasted money loss at scam casinos. And if there are high wagering requirements or they look particularly difficult to achieve, the gambler should know himself and not push himself to try to achieve them.

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Quote from: danadc on April 29, 2023, 03:21:09 PM

How could money laundering affect us? We are regular players, I go to some casinos, I register and make a deposit in very few because I don't like it, especially if it's a new casino, but what do they talk about money laundering, how can one be a safe player?

Money laundering can affect us when the casino uses it as a leeway to confiscate our funds especially when we win a huge amount that is somehow impossible for the casino to provide especially the small platforms. We will be asked with KYC then when cleared they will heighten the requirement by asking the player for proof of funds. It would be troublesome for the player, especially for us who earn from freelancing and side jobs and get paid with cryptocurrency and don't declare tax to the government. You see most of the proof of fund require bank statements, payslip,s or income tax return. If we failed to provide those then our fund can be consfiscated since they will tag the account of money laundering for the failure of providing proof of fund.

Quote from: danadc on April 29, 2023, 03:21:09 PM

Yes, normally when I go to a casino I move little money and if I win I would not like my Winnings to be Blocked because the casino has suspicions of money laundering, when there are licenses the casinos can look very legal, but they can scam, they can to launder money and legally, the only way is to trust the most reputable casinos.

Yes, we can trust reputable casinos but I still advice to be vigilant. Don't leave all your fundings as a bankroll on any gambling platform. Just deposit the amount you are able to lose, and withdraw winnings regularly.

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Quote from: Fredomago on April 29, 2023, 02:47:23 AM

Quote from: Mr. Magkaisa on April 29, 2023, 12:35:39 AM

Quote from: Mr.right85 on April 28, 2023, 02:40:04 PM

Quote from: Ojima-ojo on April 28, 2023, 01:49:55 PM

It's not bad if a casino has a 1x wagering requirement since it is obvious that it's part of the licensing requirement to subject players' deposits to some wagering condition to minimize using the casino for money laundering.

That would make sense but still, there are those that won't be pleased, both genuine users and none genuine once (the once that would want to use casinos for money laundering). Gamblers would see that to be risking more at any time than they would have liked to but, its a system that could tackle money laundering but, is that the most concerns to gambling sites, gamblers or regulators?
You can't archive all but still, your to place more concerns on your customers.

While a 1x waging requirement might prove effective in casino gambling where the uncertainty is higher, I won't see it to work so much in sportsbook where team strengths can be measured by the quality of players and form. This makes it easy to get around.

- I don't think that a casino can be a conduit for money laundering, but it seems that something like this is possible. Because it can't be noticed just like that, maybe that's why sometimes they ask for kyc first for verification purposes only, even though they really have a different alibi.

it's just that often when you play, the invested fund loses, so the risk level is quite high to be honest.

There are different alibis which we really don't know it's all on how the site/casino will implement or will be ask from you once you try to transfer your money out from your bankroll, maybe money laundering is one of the reason or the site are just delaying your request hoping that you will continue playing and eventually you will lose your money back including your own bankroll.

Whatever the reason, there's nothing you can do. If you want to withdraw your money, you need to comply and reach the wagering requirements.

Whenever we do deal up with these platforms then it would really be just that understandable that they would really be having that kind of terms when it comes to deposits on which they would really be imposing

such restriction for someone to be able to make an immediate withdraw on the time that they deposited. Money laundering kicks in specially if you are a first time user or depositor and make out some
huge deposits which is out of something on usual stuffs which it would be no surprise that they would be asking out such verification.

In speaking about huge winnings then always prepare or anticipate yourself that they would really be asking out for some verification first, but in overall which
there would be no problem as long you've been dealing on a legit site which it would leave no worries.

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Quote from: Negotiation on April 29, 2023, 07:25:42 AM

Quote from: Ojima-ojo on April 28, 2023, 01:49:55 PM

Quote from: klidex on April 28, 2023, 01:32:25 PM

Quote from: erep on April 27, 2023, 04:53:22 PM

Quote from: South Park on April 27, 2023, 03:46:26 PM

If they are open about asking such high waging requirements for people to withdraw their money from their accounts then they are clearly not a scam, they are just a very unfriendly casino to their customers, and since that is the case then gamblers need to also be very unfriendly towards those casinos, as what is the point of gambling there when you can do so at other casinos that are nowhere near as strict when it comes to their policies?

They will choose another casino if the casino policies and regulations are not in favor of the gambler, every casino rules must be fair and not make it difficult for high withdrawal values, if the casino does not change the policy soon then many gamblers will choose another casino option, many of the top casinos on the forum have gain the trust of the betting community.

There are some good reputation casinos on this forum which are popular for having very high minimum withdrawal policies and regulations and some members also complain about that and the casino doesn't give any changes.
Actually, it seems unfair but nevertheless, it is casino policy that must be obeyed.

Actually, its not the wagering requirement that is not welcome but high wagering requirement for withdrawal. What we don't want, some casinos actually set their wagering requirement to up to 20x and above making it impossible for the player to meet those demands and in the process they lose their entire balance trying to meet up with withdrawal.

It's not bad if a casino has a 1x wagering requirement since it is obvious that it's part of the licensing requirement to subject players' deposits to some wagering condition to minimize using the casino for money laundering.

Yes, if you have a license for gambling there will be no problem with withdrawal and money laundering will be prevented. Crores of rupees from gambling investments are being smuggled abroad this is why many casinos have introduced licensing systems. A gambling license ensures that your business achieves goals and stops money laundering without tarnishing the reputation of casinos.

How could money laundering affect us? We are regular players, I go to some casinos, I register and make a deposit in very few because I don't like it, especially if it's a new casino, but what do they talk about money laundering, how can one be a safe player? Yes, normally when I go to a casino I move little money and if I win I would not like my Winnings to be Blocked because the casino has suspicions of money laundering, when there are licenses the casinos can look very legal, but they can scam, they can to launder money and legally, the only way is to trust the most reputable casinos.

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Quote from: Ojima-ojo on April 28, 2023, 01:49:55 PM

Quote from: klidex on April 28, 2023, 01:32:25 PM

Quote from: erep on April 27, 2023, 04:53:22 PM

Quote from: South Park on April 27, 2023, 03:46:26 PM

If they are open about asking such high waging requirements for people to withdraw their money from their accounts then they are clearly not a scam, they are just a very unfriendly casino to their customers, and since that is the case then gamblers need to also be very unfriendly towards those casinos, as what is the point of gambling there when you can do so at other casinos that are nowhere near as strict when it comes to their policies?

They will choose another casino if the casino policies and regulations are not in favor of the gambler, every casino rules must be fair and not make it difficult for high withdrawal values, if the casino does not change the policy soon then many gamblers will choose another casino option, many of the top casinos on the forum have gain the trust of the betting community.

There are some good reputation casinos on this forum which are popular for having very high minimum withdrawal policies and regulations and some members also complain about that and the casino doesn't give any changes.
Actually, it seems unfair but nevertheless, it is casino policy that must be obeyed.

Actually, its not the wagering requirement that is not welcome but high wagering requirement for withdrawal. What we don't want, some casinos actually set their wagering requirement to up to 20x and above making it impossible for the player to meet those demands and in the process they lose their entire balance trying to meet up with withdrawal.

It's not bad if a casino has a 1x wagering requirement since it is obvious that it's part of the licensing requirement to subject players' deposits to some wagering condition to minimize using the casino for money laundering.

Yes, if you have a license for gambling there will be no problem with withdrawal and money laundering will be prevented. Crores of rupees from gambling investments are being smuggled abroad this is why many casinos have introduced licensing systems. A gambling license ensures that your business achieves goals and stops money laundering without tarnishing the reputation of casinos.

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Quote from: Mr. Magkaisa on April 29, 2023, 12:35:39 AM

Quote from: Mr.right85 on April 28, 2023, 02:40:04 PM

Quote from: Ojima-ojo on April 28, 2023, 01:49:55 PM

It's not bad if a casino has a 1x wagering requirement since it is obvious that it's part of the licensing requirement to subject players' deposits to some wagering condition to minimize using the casino for money laundering.

That would make sense but still, there are those that won't be pleased, both genuine users and none genuine once (the once that would want to use casinos for money laundering). Gamblers would see that to be risking more at any time than they would have liked to but, its a system that could tackle money laundering but, is that the most concerns to gambling sites, gamblers or regulators?
You can't archive all but still, your to place more concerns on your customers.

While a 1x waging requirement might prove effective in casino gambling where the uncertainty is higher, I won't see it to work so much in sportsbook where team strengths can be measured by the quality of players and form. This makes it easy to get around.

- I don't think that a casino can be a conduit for money laundering, but it seems that something like this is possible. Because it can't be noticed just like that, maybe that's why sometimes they ask for kyc first for verification purposes only, even though they really have a different alibi.

it's just that often when you play, the invested fund loses, so the risk level is quite high to be honest.

There are different alibis which we really don't know it's all on how the site/casino will implement or will be ask from you once you try to transfer your money out from your bankroll, maybe money laundering is one of the reason or the site are just delaying your request hoping that you will continue playing and eventually you will lose your money back including your own bankroll.

Whatever the reason, there's nothing you can do. If you want to withdraw your money, you need to comply and reach the wagering requirements.

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Quote from: ethereumhunter on April 29, 2023, 12:01:50 AM

Quote from: dezoel on April 28, 2023, 03:20:52 AM

Quote from: ethereumhunter on April 26, 2023, 01:46:55 AM

Quote from: Eureka_07 on April 25, 2023, 10:29:28 PM

Wagering requirements for Welcome Bonuses can go as high of 100x (maybe even higher). I've seen it before. Personally 30x-50x is already high, however, some casinos tend to set higher wager requirements because there are players that are still able to win through that requirement. Another reason is that they do not want to just give money away (or maybe they don’t really want it at all) so they make it as hard as possible.

The wagering requirements for bonuses I've seen are 100x and I think that seems ridiculous because the requirements are so high and maybe only a few gamblers can get them and who knows how much they have to lose before they can withdraw. Even though there are still players who can win, it will not be within reach of small gamblers like us because we gamble not using a lot of money and just want to have fun so we are not recommended to try to take the bonus. I prefer another reason why casinos don't want to give their money away: they only want to get money from gamblers who have lost. We must prevent it from happening to us and there is no need to try to get the bonus if we see it is very difficult.

What is the casino that asks for a 100x wagering requirement for a bonus? That is just like simply not giving a chance to the gamblers to take anything home with the bonus since the amount is sure to be lost while trying to complete the wagering requirement and there will be nothing left for withdrawal by the time the requirement is fulfilled.

Such casinos are better left alone, people should choose casinos and platforms that have good bonuses with reasonable requirements where if you get a bit lucky, you can at least get something out of the bonus provided.

It is true. Casinos only prevent players from being able to withdraw their money even though the gambler won it legally and did not commit any fraud. Gamblers also won't want to stay in the casino and will choose to look for another casino that doesn't have such high wagering requirements. We don't need to play in such casinos because there are too many requirements that we don't want. And it's not worth trying because we only spend money in that casino without being able to withdraw the winnings.

Casino gamble provider who intend to operate a casino business with a specific goal will generally not have any problem with gamblers making withdrawals. Because the positive reputation plays the most important role in the development of a casino business. Gamblers can make a significant contribution to the development of the casino if all financial matters are made easier for the gamblers. If a casino company prevents a gambler from withdrawing money without any logical reason, then it must be understood that those casino organizations are standing on a weak infrastructure. Gradually those casinos will continue to collapse.

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Quote from: Mr.right85 on April 28, 2023, 02:40:04 PM

Quote from: Ojima-ojo on April 28, 2023, 01:49:55 PM

It's not bad if a casino has a 1x wagering requirement since it is obvious that it's part of the licensing requirement to subject players' deposits to some wagering condition to minimize using the casino for money laundering.

That would make sense but still, there are those that won't be pleased, both genuine users and none genuine once (the once that would want to use casinos for money laundering). Gamblers would see that to be risking more at any time than they would have liked to but, its a system that could tackle money laundering but, is that the most concerns to gambling sites, gamblers or regulators?
You can't archive all but still, your to place more concerns on your customers.

While a 1x waging requirement might prove effective in casino gambling where the uncertainty is higher, I won't see it to work so much in sportsbook where team strengths can be measured by the quality of players and form. This makes it easy to get around.

- I don't think that a casino can be a conduit for money laundering, but it seems that something like this is possible. Because it can't be noticed just like that, maybe that's why sometimes they ask for kyc first for verification purposes only, even though they really have a different alibi.

it's just that often when you play, the invested fund loses, so the risk level is quite high to be honest.

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Quote from: dezoel on April 28, 2023, 03:20:52 AM

Quote from: ethereumhunter on April 26, 2023, 01:46:55 AM

Quote from: Eureka_07 on April 25, 2023, 10:29:28 PM

Wagering requirements for Welcome Bonuses can go as high of 100x (maybe even higher). I've seen it before. Personally 30x-50x is already high, however, some casinos tend to set higher wager requirements because there are players that are still able to win through that requirement. Another reason is that they do not want to just give money away (or maybe they don’t really want it at all) so they make it as hard as possible.

The wagering requirements for bonuses I've seen are 100x and I think that seems ridiculous because the requirements are so high and maybe only a few gamblers can get them and who knows how much they have to lose before they can withdraw. Even though there are still players who can win, it will not be within reach of small gamblers like us because we gamble not using a lot of money and just want to have fun so we are not recommended to try to take the bonus. I prefer another reason why casinos don't want to give their money away: they only want to get money from gamblers who have lost. We must prevent it from happening to us and there is no need to try to get the bonus if we see it is very difficult.

What is the casino that asks for a 100x wagering requirement for a bonus? That is just like simply not giving a chance to the gamblers to take anything home with the bonus since the amount is sure to be lost while trying to complete the wagering requirement and there will be nothing left for withdrawal by the time the requirement is fulfilled.

Such casinos are better left alone, people should choose casinos and platforms that have good bonuses with reasonable requirements where if you get a bit lucky, you can at least get something out of the bonus provided.

It is true. Casinos only prevent players from being able to withdraw their money even though the gambler won it legally and did not commit any fraud. Gamblers also won't want to stay in the casino and will choose to look for another casino that doesn't have such high wagering requirements. We don't need to play in such casinos because there are too many requirements that we don't want. And it's not worth trying because we only spend money in that casino without being able to withdraw the winnings.

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Quote from: dezoel on April 28, 2023, 03:20:52 AM

Quote from: ethereumhunter on April 26, 2023, 01:46:55 AM

Quote from: Eureka_07 on April 25, 2023, 10:29:28 PM

Wagering requirements for Welcome Bonuses can go as high of 100x (maybe even higher). I've seen it before. Personally 30x-50x is already high, however, some casinos tend to set higher wager requirements because there are players that are still able to win through that requirement. Another reason is that they do not want to just give money away (or maybe they don’t really want it at all) so they make it as hard as possible.

The wagering requirements for bonuses I've seen are 100x and I think that seems ridiculous because the requirements are so high and maybe only a few gamblers can get them and who knows how much they have to lose before they can withdraw. Even though there are still players who can win, it will not be within reach of small gamblers like us because we gamble not using a lot of money and just want to have fun so we are not recommended to try to take the bonus. I prefer another reason why casinos don't want to give their money away: they only want to get money from gamblers who have lost. We must prevent it from happening to us and there is no need to try to get the bonus if we see it is very difficult.

What is the casino that asks for a 100x wagering requirement for a bonus? That is just like simply not giving a chance to the gamblers to take anything home with the bonus since the amount is sure to be lost while trying to complete the wagering requirement and there will be nothing left for withdrawal by the time the requirement is fulfilled.

Such casinos are better left alone, people should choose casinos and platforms that have good bonuses with reasonable requirements where if you get a bit lucky, you can at least get something out of the bonus provided.

Is it true what is that casnio called to never enter or register?I have seen that there are casinos that have many Betting requirements,but this is honestly the rudest of all, for that grace they must say that the deposit made can never be Withdrawn again and that's it, it is better that they be more sincere, but someone always appears who says: "with patience you can achieve that goal" lol only a robot can do that and whoever says to do it I will not believe it, for that it is always good to read, you have to stop being lazy and get very hard with casinos, especially casinos that are new and want to capitalize fast money.

Topic: Wagering requirements for withdraw - page 24. (Read 4805 times)