Wagering requirements for withdraw - page 37.

Kelvinid

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Quote from: Helena Yu on April 12, 2023, 01:06:32 AM

5x wagering requirements is insane, but they did mentioned in their terms of service, so you can't blame them even it looks unfair to you. This is the reason why all users need to read the bonus rules, if you've read the 5x wagering requirements you can ask them to lower it, if not you can just choose other casino which the rules is more friendly.

It's very important to read the terms so we won't be surprised. Honestly, only those scammy casinos have ridiculous terms, so based on your experience, you can make a judgment whether to continue or not. True casinos that are hoping to attract customers are those that make it easy for gamblers. Once gamblers are satisfied, they are likely to come back and play again.

Quote from: Helena Yu on April 12, 2023, 01:06:32 AM

Quote from: bittraffic on April 11, 2023, 07:50:34 PM

Welcome to scam casino. A lot of us have gone through that experience where users wouldn't really deposit anything if they just knew that the deposited amount is bound to lose.

This is the Trustdice representative account Coinbox1, you can leave them negative feedback if you think they're scam.

You can't do that if you don't have valid evidence of a scam. Just thinking that they are a scam is not a reason to give them negative feedback. That's being unfair.

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Quote from: GxSTxV on April 11, 2023, 06:42:56 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.

I think most casinos have not that stringent requirements and from what I have seen in the reputable ones,after you deposit and you win some sport bets for example you can immediately withdraw without such limits otherwise what's the point,no one would ever deposit again in the casinos if all of them operated in the way you describe the casino in the post here.

I personally play a lot of sports betting and some times I have won directly a couple of bets and withdrew the winnings as soon as the events ended and the bets were awarded as winning ones.I think that you should change casino and start playing in reputable ones.

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Quote from: GxSTxV on April 11, 2023, 06:42:56 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.

I'm not going to make a deposit on any casino that requires more than a 1x wager on my deposit. Anything more than that automatically is going to make me feel like I'm being scammed. The casino is making you wager so much hoping the house edge on the games nets them some profit on each deposit. Seems pretty unrealistic.

Trustdice has had a few scam accusations lately as well and have been pretty slow to respond. I also think they were the casino saying they will no longer reply to scam accusations(I could be wrong). If that's the case and they will not reply to accusations opened against them, I would def stay away.

Quote

Hello everyone,

We have recently noticed a persistent and ongoing attempt to distort our announcement here . We would like to take this opportunity to draw your attention to a few crucial points.

Quote from the announcement:
"we have decided to stop participating in any topic on this Scam Accusations board going forward.
"

As clearly stated above, the decision solely concerns the Scam Accusations board. We arrived at this decision due to the behaviors of certain individuals who appear to be particularly obsessed with us and are frequently active on that board. With that being said, we are still actively monitoring issues posted on other boards of this forum.

In fact, there was an issue we recently noticed on the Gambling board and had discussed with our CS team. Over the weekend we were unable to reply to the post. When we were about to reply to it today, we found that it had been moved to the Scam Accusations board. This means that we can no longer provide a reply, which we feel sorry to see.

Best regards,
TrustDice Team

piebeyb

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Not all casinos have the same requirements. that's why before you play you should read the terms and conditions in the casino, to be honest I've never experienced the same problem as you, besides in my opinion whether it's fair or not is just a rule that has been set by the casino from the start. I also can't defend anyone, maybe there is a point that this is your fault for not reading their rules before making a deposit and playing there

I hope this will be a lesson for you in the future to be more careful looking for casinos that don't make things difficult for you, but usually that's done to avoid money laundering and so on, so don't be too passionate about bonus promotional offers from any casino, pay attention to their reputation too at this forum and don't hesitate to ask their service support before making a deposit and playing also read at least the important things from their casino rules and requirements. Wink

Helena Yu

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5x wagering requirements is insane, but they did mentioned in their terms of service, so you can't blame them even it looks unfair to you. This is the reason why all users need to read the bonus rules, if you've read the 5x wagering requirements you can ask them to lower it, if not you can just choose other casino which the rules is more friendly.

Quote from: bittraffic on April 11, 2023, 07:50:34 PM

Welcome to scam casino. A lot of us have gone through that experience where users wouldn't really deposit anything if they just knew that the deposited amount is bound to lose.

This is the Trustdice representative account Coinbox1, you can leave them negative feedback if you think they're scam.

Maslate

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In my opinion, that is not unfair. Casinos have their own rules, and as long as they are not violating the law, it's not unfair. As gamblers, we need to make sure that we read all the terms before using a platform, especially with promotions, as they can look attractive at first glance if you don't read all the TOS.

We need to understand this simple logic: casinos don't run marketing strategies that won't benefit them. So, every time we see something that is too good to be true, we better not believe it right away. Instead, we should get into the full details before pulling the trigger to deposit.

Cantsay

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For me though when I register or I'm about to register an account in a casino I normally do not read through the entire ToS but I still manage to check their minimum withdrawal, wagering requirements, at what stage is KYC required, if my country is blacklisted from the casino and if I'm okay with them ill continue with my first deposit if not ill just forget about my account there.

Like the do say "experience is the best teacher", now that you have experienced something like this doubt if you're still going to dive into another casino blindly.

Quote from: GxSTxV on April 11, 2023, 08:55:02 PM

~~~
Hopefully they don’t close my account because of this topic now Lol

It's very unlikely that they'll close your account just because you created a thread that'll help those that were not aware of this terms in the first place, but if peraventure they do close your account then it means that they're are looking for forum member to tag them as potential scam casino and I'm sure that's not going to happen because no company wants to risk their reputation because of an event that can easily be avoided.

Darker45

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Quote from: GxSTxV on April 11, 2023, 08:55:02 PM

I wouldn’t call it a scam, beside that i didn’t make a deposit yet. The whole story started when i got the no deposit no wagering required bonus from them and i managed to make a profit of it. I didn’t know that they require a deposit and to wager that deposit by x5.
The casino is Trustdice and also known here. But i believe that many users aren’t aware of their terms.

Anyway i may try to make a deposit just so i can withdraw my winnings. Hopefully they don’t close my account because of this topic now Lol

If they close your account simply because of this topic then Trustdice is only proving that it is indeed a scam.

But a high wagering requirement doesn't make a casino a scam. But it really discourages gamblers. A 5x wagering requirement is apparently a mechanism to make sure deposits are drained even before the player considers making a withdrawal.

Keep us updated here as to what happens after you make your deposit and complied with the wagering requirement. We'll see if you will be able to withdraw your bonus winnings, or more requirements are asked like KYC. Trustdice also includes KYC in their ToS.

Merit.s

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5x wagering requirements is madness because you will end up losing all that you have in your wallet. I wouldn't blame the casino for this because it was written in their terms and conditions to scare those who lobe to read before signing up. This requirement will only affect those people who feel that they are too lazy to read T&C before signing up. If they are not careful,the casino will end up keeping your funds in their wallet when you don't meet up to the wagering demands. This is why it is good that we take time to read casino or any financial platform that involves our funds,so that we dont make drastic mistakes that will lead to our regrets.

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Quote from: Rating Place on April 11, 2023, 11:28:52 PM

Quote from: GxSTxV on April 11, 2023, 06:42:56 PM

-snip-

5x is insane. Which casino? 1x is normal.

The requirement of up to 5x deposit is an unreasonable requirement and of course many gamblers will complain about this, especially if there is no bonus received.
This kind of casino will never be able to survive for a long time because many of their customers will leave by themselves to switch to another casino that provides better service and a sense of comfort.
But I'm still unsure and wondering which casino enforces 5x deposit for an initial withdrawal.

Rating Place

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Quote from: GxSTxV on April 11, 2023, 06:42:56 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.

5x is insane. Which casino? 1x is normal.

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Quote from: GxSTxV on April 11, 2023, 06:42:56 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.

I meaaaannn their casino their rules. And seeing as it hasn't gone under (since you yourself tried it out) then I reckon they have enough of a player base that accepted their rules. Might indeed be a bit too big, but as long as they use money laundering as an excuse they can get away with it.

I've never really bothered with wagering requirements since I usually never withdraw money from casinos

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Quote from: GxSTxV on April 11, 2023, 06:42:56 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.

A waging requirement of 5x your deposit when you have not received any bonus is indeed on the high side, but it is their casino and they can set those polices if they want.

What we need to do as customers is to look very closely at those terms and conditions and if we find something we do not agree with then we can gamble at another casino, as the market of cryptocurrencies has many casinos with great reputations which are willing to take your business while offering you better terms.

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Quote from: GxSTxV on April 11, 2023, 08:55:02 PM

I wouldn’t call it a scam, beside that i didn’t make a deposit yet. The whole story started when i got the no deposit no wagering required bonus from them and i managed to make a profit of it. I didn’t know that they require a deposit and to wager that deposit by x5.
The casino is Trustdice and also known here. But i believe that many users aren’t aware of their terms.

Trust dice have been here for long time now and year they are one of the reputable gambling site but I have not tried playing in this site nor depositing since i have my set of casino playing.
but thanks for letting us all know about x5 wagering requirements and for me this is way much to play with since I am an occasional gambler.

Quote

Anyway i may try to make a deposit just so i can withdraw my winnings. Hopefully they don’t close my account because of this topic now Lol

looks like you have got a good amount of winning ?from that bonus ? good luck then mate.

GxSTxV

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Quote from: AmoreJaz on April 11, 2023, 06:58:37 PM

you should have read their ToS first if you are worried about withdrawal concerns. most casinos are only requiring 1 or 2x wagering requirement.

Yes unfortunately i skipped that part of withdrawing requirements as i got use to x1 or 2x maximum for wagering conditions, i guess it’s a good story for everyone to take more attention about reading T&C

Quote from: logfiles on April 11, 2023, 06:59:47 PM

The other thing is casinos are designed to making winnings, so they will do whatever they can to keep your deposit.
"The wagering requirements are put in place so that you don't use our platform as a money laundering service" is what they always say.

Money laundering can be avoided easily with a x1 wagering condition and also preventing users to withdraw funds that been deposited from a different method

Quote from: bittraffic on April 11, 2023, 07:50:34 PM

Welcome to scam casino.
Why not just name the casino to warn everyone here who plans to claim bonuses

I wouldn’t call it a scam, beside that i didn’t make a deposit yet. The whole story started when i got the no deposit no wagering required bonus from them and i managed to make a profit of it. I didn’t know that they require a deposit and to wager that deposit by x5.
The casino is Trustdice and also known here. But i believe that many users aren’t aware of their terms.

Anyway i may try to make a deposit just so i can withdraw my winnings. Hopefully they don’t close my account because of this topic now Lol

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Quote from: GxSTxV on April 11, 2023, 06:42:56 PM

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.

That is why it is good to read the gambling site ToS even before depositing into the gambling site at all.

Quote from: bittraffic on April 11, 2023, 07:50:34 PM

Welcome to scam casino. A lot of us have gone through that experience where users wouldn't really deposit anything if they just knew that the deposited amount is bound to lose.

I can not say it is a scam casino once all necessary information is on the gambling site ToS

Quote from: bittraffic on April 11, 2023, 07:50:34 PM

Why not just name the casino to warn everyone here who plans to claim bonuses because more than likely that its not just you who will fall for it.
With enough people warning about them, they might just change that TOS.

It would be good if mentioned, but I do not think OP is directly referring to any casino, although this is possible.

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Quote from: GxSTxV on April 11, 2023, 06:42:56 PM

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.

No one will argue with you that this is really unfair and not a good way to treat players( and I believe that this site is not that popular or trusted by this community? correctly me if I am wrong)

Yeah it is your mistake not reading the TOS but x5 wagering requirements? this is something that will only favor the site and for you to be able to withdraw , there must be so much lock in your side.

we all knew the reason why there is a need for wagering and that is to prevent the abuse of site from those who wanted to launder money , but this is completely insane specially for small time gambler that seek some wins with their small capital .

this is why we must always read the Terms before considering to deposit and play because you will end like this if not.

Sorry to hear this though mate.

bittraffic

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Welcome to scam casino. A lot of us have gone through that experience where users wouldn't really deposit anything if they just knew that the deposited amount is bound to lose.

Why not just name the casino to warn everyone here who plans to claim bonuses because more than likely that its not just you who will fall for it.
With enough people warning about them, they might just change that TOS.

Bitinity

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5x wagering requirement for a normal deposit before you can withdraw your money? It seems to much, as long as I know the wagering requirement for normal deposit without bonus is only 1-2x in most casinos. 5x is just too much if you ask me but if we are talking about whether it is fair or not, it is obviously subjective question. However, every casino has their own terms related to deposit and withdrawal. It sounds unfair because you did not read the terms in advance, if you read it earlier, I'm sure you will not make a deposit because of the 5x wagering requirement of your deposit. This is why it is always important and recommended to anyone to read terms on conditions of the casino before making the 1st deposit or even before creating an account so we wont regret something because we did not read.

logfiles

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That should be an eye open to you.

First things you look at before even signing up for a casino are wagering requirements, minimum deposits, minimum and max stake amount, minimum and max withdrawal amounts, the terms of service.

The other thing is casinos are designed to making winnings, so they will do whatever they can to keep your deposit.

"The wagering requirements are put in place so that you don't use our platform as a money laundering service" is what they always say.

Topic: Wagering requirements for withdraw - page 37. (Read 4805 times)