What do you think about having excessive bankroll in gambling - page 5.

Cryptmuster

legendary

Activity: 1904

Merit: 1176

Glory To Ukraine! Glory to the heroes!

Quote from: Adbitco on November 10, 2024, 10:39:26 AM

This is the reason why most people go to local casino I mean that loves using fiat casinos. There was a time I did similar mistake though is been long but I deposited excessively through bank transfer to the site, and I tried the first I had a network issues also tried the second time same issue I didn't get debit alert so I was thinking everything is normal when I tried the fourth time there about I got credited to the gambling site and then got debited about 4 times I was mad and I had to try withdrawal and they allows me taking off my 3 times deposit without any wagering required. Since then I became in love with this site and most times I do still fall back to use them to gamble and when I win I emptied my account, with a kyc free process.

I also think that if you explain everything to the support team, they will allow you to withdraw money that was deposited by mistake, this will not be a problem once, the most important thing is that it does not happen again because it will cause suspicion. And you are right when you say that this will add trust to the casino from the player, which is also important in long-term relationships. It will also depend on how much more you sent to the casino than you wanted, if it is four or ten times more, then of course it is logical that the player will want to withdraw his money back.

nara1892

hero member

Activity: 1792

Merit: 728

Quote from: Rabata on November 10, 2024, 02:37:50 PM

Quote from: coin-investor on November 10, 2024, 11:15:41 AM

You can try contacting them and tell them why you end up depositing $1000 instead of $100, but its on the terms of every casino that you need to wager first before you can withdraw because they will think or conclude that you are trying to wash or clean your funds.
They have a very strict implementation of AMLAC rules, but if they do not allow you to withdraw, then your best bet is the sports bet if you're a spot bettor where your chances are good compared to luck based games, or if you prefer luck based games pick the games, where you have a better chance to reach the wagering requirement on low-bets.

If there is a mistake where someone deposits $1000 instead of $100 then I would say like you that if he has skills in sports betting he can place money on these bets. In this case I think gambling would be a bit safer because sports betting has the skills and experience to use. If bets are well researched and placed in terms of wagering requirements then a gambler will have an opportunity to withdraw his money very easily. Any person has a good idea about any sport so if he makes a mistake then gambling in this way can correct his mistake. In games of luck a gambler may get a high return or may lose all his money. So if you don't want to take risk, sports betting can play a very helpful role in this kind of situation.

Yes good advice but I will also say something that the advice you give will only be possible if the person has the skills and knowledge related to the world of sports but if it turns out not? yes it's useless because in the end the choice might be a casino game, meaning for this problem I think it will depend on whether the gambler has skills or not related to the world of sports, because if not and it turns out he forces himself to follow the advice you give then in the end sports will still be very risky if done without any skills and knowledge, so the point is yes sports betting can save you more money but that's only when you have the skills.

I_Anime

sr. member

Activity: 602

Merit: 260

Having excess bankroll can be tempting, especially when you didn't plan to use such budget , because are Human we may have the mindset of using only $100 at first but when greed kicks in you may endup using more than that budget ($100) . So I will say you should try and control the urge of going beyond your budget and use the amount you plan to risk at first which is the $100.

But next time just try to be careful so that you won't repeat same mistake again , because that's a huge amount money on the line so whenever you depositing next time try to be cautious.

EarnOnVictor

hero member

Activity: 896

Merit: 654

Leading Crypto Sports Betting & Casino Platform

Quote from: panjul07 on November 10, 2024, 10:38:41 AM

Quote from: EarnOnVictor on November 09, 2024, 02:27:00 AM

Quote from: peter0425 on November 07, 2024, 09:53:47 AM

Quote from: Josefjix on November 07, 2024, 01:10:29 AM

The problem now is that the gambling site is, demanding for a wagering requirement this make me hesitant to proceed with meeting the wager requirements because of the fear of losing everything.

Is the casino requiring you to wager all of your money? I doubt that.

Don't doubt that. I don't even think such an ignoble condition is uncommon these days. Although many good casinos do not require that, but I tell you, many of them who are hungry are doing that. What they do most is to lure the player with bonuses so that they can tie both the capital and the bonus to the said requirement. Except that I don't think it applies to your direct money without signing up for bonuses, it's still possible though (as I thought of something similar a friend told me but it doesn't ring a loud bell again. Those new and unpopular casinos are now looking for ways for your money to remain with them. I can only wish the guy good luck at this juncture.

Most casino has at least 1x wagering requirement on deposit without bonus, most of the time casino use it as a way to prevent money laundering.
The rule is usually clearly stated in the terms page of the casino but some casino may not have it in the terms page although practically they will not allow players to withdraw without playing with the deposit.

I can't argue that I've seen this with a few casinos like I said earlier but the majority of the casinos I played with did not require that so long as you do not subscribe for any bonuses. Perhaps, this could be as a result of me mostly playing with local casinos, rules and regulations vary per locality. Again, if their Ts&Cs already cover it, then no player has any right to think of a wrongdoing.

But that's by the way, what caught my attention now is the part I boldened. Do you mean casino forces wager requirements on your capital to avoid money laundering? This is laughable to me my friend but let me be neutral yet, I like you to expatriate, after all, we are all learning.

Rabata

sr. member

Activity: 980

Merit: 311

Quote from: coin-investor on November 10, 2024, 11:15:41 AM

Quote from: Josefjix on November 07, 2024, 01:10:29 AM

wo arrive at $1000
The problem now is that the gambling site is, demanding for a wagering requirement this make me hesitant to proceed with meeting the wager requirements because of the fear of losing everything.

The casino is a new casino to me, and I don't know how to go about it, can the support help me with my remaining money if I contact them, or will I be made to wager the total amount on a compusery basis?

You can try contacting them and tell them why you end up depositing $1000 instead of $100, but its on the terms of every casino that you need to wager first before you can withdraw because they will think or conclude that you are trying to wash or clean your funds.
They have a very strict implementation of AMLAC rules, but if they do not allow you to withdraw, then your best bet is the sports bet if you're a spot bettor where your chances are good compared to luck based games, or if you prefer luck based games pick the games, where you have a better chance to reach the wagering requirement on low-bets.

If there is a mistake where someone deposits $1000 instead of $100 then I would say like you that if he has skills in sports betting he can place money on these bets. In this case I think gambling would be a bit safer because sports betting has the skills and experience to use. If bets are well researched and placed in terms of wagering requirements then a gambler will have an opportunity to withdraw his money very easily. Any person has a good idea about any sport so if he makes a mistake then gambling in this way can correct his mistake. In games of luck a gambler may get a high return or may lose all his money. So if you don't want to take risk, sports betting can play a very helpful role in this kind of situation.

acroman08

legendary

Activity: 2534

Merit: 1115

Quote from: Josefjix on November 07, 2024, 04:57:35 AM

The only option left for me right now is to accept my faith and move on with the wagering, I wish myself luck and hopping that I recover my money and even make some extra bulk, I just went throw the casino terms and conditions right now, and I have a whooping 3x wagering to meet before withdrawal can be activated.

it's been several days, so is there any update? were you able to successfully finish the wagering requirement and withdraw the balance you wanted to withdraw?

Quote from: Josefjix on November 07, 2024, 04:57:35 AM

This gambling site is not popular here in the forum and as a matter of fact their don't have a presence here, so I am wondering how the heck I made such a mistake, because their wagering requirements sucks.

mistakes happen from time to time and all we can do about it is be more careful next time so it won't happen again.

Dr.Bitcoin_Strange

hero member

Activity: 770

Merit: 538

Leading Crypto Sports Betting & Casino Platform

Quote from: Odusko on November 08, 2024, 06:05:04 PM

Quote from: Dr.Bitcoin_Strange on November 08, 2024, 02:02:16 PM

First, I would advise you to sell your fear of losing the whole money, then what you have to think of now is that, "how long did you intend to use the $100 for your bets? "

Your intended deposit was $100, so just continue to use the $100 gradually until the time duration you want to use it is fully met. But just like some other users have said, also contact their support and see if they can help you.

If I were the guy, I won't even bring this issue you in the public domain, because one can get confused with multiple options, so he should have wagered since and come out with whatever outcome he meet, this is very important, because there is no way out if this right now, and since he must face the hard road of having to play with all the money 100% it necessary to start at once.

It's not a bad idea that he sought the opinion of other and he probably did request for others opinion because he couldn't come up with a solid opinion to help him in this kind of situation. He doesn't have to take the opinion of everyone before he can come up with the final decision. He probably can combine few opinion to draw his final decision.

Smartvirus

legendary

Activity: 1554

Merit: 1139

Quote from: Josefjix on November 07, 2024, 01:10:29 AM

I wanted to make deposits of $100 into my casino account, and I mistakenly added one zero to the figure there by making my deposit to arrive at $1000 instead of the initial intended $100, this is above my gambling budget and I wanted to withdraw the remaining balance of $900 and keep playing with the remaining $100 budget.

The problem now is that the gambling site is, demanding for a wagering requirement this make me hesitant to proceed with meeting the wager requirements because of the fear of losing everything.

The casino is a new casino to me, and I don't know how to go about it, can the support help me with my remaining money if I contact them, or I will be made to wager the total amount on a compusery basis?

Anything done in excess isn’t always good. Normally, you would expect the casino to do you some refunds but, it becomes a case of, either your actually telling the truth or your just trying to retrace your steps and get your money back. $1000 is a little bit much but at this point, at the extend of the T&C, you’ve just got to bet and meet up with the wagering requirement. Perhaps you might stick to games with a considerable risk to win ratio, make that 1x as it might be and be good.

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

Quote from: Josefjix on November 07, 2024, 01:10:29 AM

I wanted to make deposits of $100 into my casino account, and I mistakenly added one zero to the figure there by making my deposit to arrive at $1000 instead of the initial intended $100, this is above my gambling budget and I wanted to withdraw the remaining balance of $900 and keep playing with the remaining $100 budget.

The problem now is that the gambling site is, demanding for a wagering requirement this make me hesitant to proceed with meeting the wager requirements because of the fear of losing everything.

The casino is a new casino to me, and I don't know how to go about it, can the support help me with my remaining money if I contact them, or I will be made to wager the total amount on a compusery basis?

You deposited on a casino site which is new to you and that too 10x times your budget without double checking the amount ? Sounds fishy.
The only way to get through this situation is to directly contact them through customer care or via their social media handles, if any.
If they are willing to help you in this case then good but otherwise you will have to meet their wagering criteria.
You didn't mention their wagering criteria though. You can try placing minor bets with higher odds of winning which will help you in meeting the wagering criteria quickly.

Webetcoins

hero member

Activity: 2100

Merit: 546

Leading Crypto Sports Betting & Casino Platform

I think it is inappropriate. There must be other more important things that we can spend our money with than on gambling. In your case, I can see that it is only accidental, so we can give an exception here.

I don't mean that we should continue playing but we need to withdraw those excess amounts right away. I know there are casinos that allows it but unfortunately many now requires you bet 1x of your capital. For this, we can choose those games with low odds or those that are only easy to win.

I don't think the support can help you with your/this issue because they are only working there and following the orders of their bosses and managers. I'm not sure if casinos wrote it on their rules that a user needs to wager their deposits before they withdraw them but I think we are free to ask it to them before we even start registering. What happen to you was only an accident but at least you are now aware that such thing occurs and you now have an idea on how to avoid them in the future.

Quote from: Charles-Tim on November 07, 2024, 01:17:42 AM

You do not need to deposit into the site next week or next month. Be using the money in the casino instead of depositing more money.

I think this is a good idea. Never thought of this earlier but I think this only applies to someone that doesn't need that much money. IDK if the OP still have a fund left and maybe he is only panicking there for a while.

coin-investor

hero member

Activity: 3024

Merit: 614

Leading Crypto Sports Betting & Casino Platform

Quote from: Josefjix on November 07, 2024, 01:10:29 AM

wo arrive at $1000
The problem now is that the gambling site is, demanding for a wagering requirement this make me hesitant to proceed with meeting the wager requirements because of the fear of losing everything.

The casino is a new casino to me, and I don't know how to go about it, can the support help me with my remaining money if I contact them, or will I be made to wager the total amount on a compusery basis?

You can try contacting them and tell them why you end up depositing $1000 instead of $100, but its on the terms of every casino that you need to wager first before you can withdraw because they will think or conclude that you are trying to wash or clean your funds.
They have a very strict implementation of AMLAC rules, but if they do not allow you to withdraw, then your best bet is the sports bet if you're a spot bettor where your chances are good compared to luck based games, or if you prefer luck based games pick the games, where you have a better chance to reach the wagering requirement on low-bets.

Adbitco

hero member

Activity: 1428

Merit: 653

Leading Crypto Sports Betting & Casino Platform

Quote from: Don Pedro Dinero on November 10, 2024, 09:49:33 AM

So you see what a bummer for the OP. That wouldn't have happened in a fiat casino, or at least the ones I play in. If you make a mistake and deposit too much you can withdraw it but as it is a crypto casino with wagering requirements he now has to risk gambling. What I would do is play low volatility low reward games to try to reach the wagering requirements without losing too much.

This is the reason why most people go to local casino I mean that loves using fiat casinos. There was a time I did similar mistake though is been long but I deposited excessively through bank transfer to the site, and I tried the first I had a network issues also tried the second time same issue I didn't get debit alert so I was thinking everything is normal when I tried the fourth time there about I got credited to the gambling site and then got debited about 4 times I was mad and I had to try withdrawal and they allows me taking off my 3 times deposit without any wagering required. Since then I became in love with this site and most times I do still fall back to use them to gamble and when I win I emptied my account, with a kyc free process.

Findingnemo

hero member

Activity: 2366

Merit: 793

Bitcoin = Financial freedom

Quote from: _BlackStar on November 09, 2024, 05:31:13 PM

Quote from: Findingnemo on November 09, 2024, 09:09:28 AM

Well, it's your mistake though since they have clear information about wagering requirement in their ToS.

But we could make mistakes so now what are the chances for you is to fulfill the wagering requirement and I hope the criteria is not absurd, just use any casino game my preference would be dice and roll with low multipler which might help me to complete the wagering requirement for withdrawal but when you withdraw the amount could be higher or lower not exactly 900.

Of course - that's a solution OP would inevitably have to take if he wanted to withdraw his funds from the casino. Meeting the wagering requirements shouldn't be a problem for him - but the problem is he's afraid of losing all his money just from starting to bet. The OP doesn't seem like an experienced gambler and he's likely worried about losing money instead of starting to get some bets to win - while he was planning on using the $100 to gamble.

Another solution from me - he can bet on sports betting for some games this weekend. The average crypto casino requires its customers to wager 2 or 5 times before they can withdraw their money back - so the OP could spend $50 for 5 games or perhaps less depending on the amount of wagering requirements required.

OP is willing to exhaust $100 then he knows about how and where to spend but only thing is now he got 10x of what he is supposed to do and 9x of the amount that he doesn't want to take risks but still I would say even with $100 it's possible to complete the requirement but it could take time if he takes the low odds games on sports betting but it can be done in a matter of minutes on casino games even with minimum bet amounts.

panjul07

legendary

Activity: 3500

Merit: 1354

Quote from: EarnOnVictor on November 09, 2024, 02:27:00 AM

Quote from: peter0425 on November 07, 2024, 09:53:47 AM

Quote from: Josefjix on November 07, 2024, 01:10:29 AM

The problem now is that the gambling site is, demanding for a wagering requirement this make me hesitant to proceed with meeting the wager requirements because of the fear of losing everything.

Is the casino requiring you to wager all of your money? I doubt that.

Don't doubt that. I don't even think such an ignoble condition is uncommon these days. Although many good casinos do not require that, but I tell you, many of them who are hungry are doing that. What they do most is to lure the player with bonuses so that they can tie both the capital and the bonus to the said requirement. Except that I don't think it applies to your direct money without signing up for bonuses, it's still possible though (as I thought of something similar a friend told me but it doesn't ring a loud bell again. Those new and unpopular casinos are now looking for ways for your money to remain with them. I can only wish the guy good luck at this juncture.

Most casino has at least 1x wagering requirement on deposit without bonus, most of the time casino use it as a way to prevent money laundering.
The rule is usually clearly stated in the terms page of the casino but some casino may not have it in the terms page although practically they will not allow players to withdraw without playing with the deposit.
Anyway, the discussion is not about bonus, pure about deposit only so we should not bring it to wider topic.
The best thing to do when we want to make deposit is to double check before we click the send button from our wallet so we wont make mistake as the example given by OP.

Patikno

full member

Activity: 294

Merit: 178

If you know, you know!

Quote from: Josefjix on November 07, 2024, 01:10:29 AM

I wanted to make deposits of $100 into my casino account, and I mistakenly added one zero to the figure there by making my deposit to arrive at $1000 instead of the initial intended $100, this is above my gambling budget and I wanted to withdraw the remaining balance of $900 and keep playing with the remaining $100 budget.

The problem now is that the gambling site is, demanding for a wagering requirement this make me hesitant to proceed with meeting the wager requirements because of the fear of losing everything.

The casino is a new casino to me, and I don't know how to go about it, can the support help me with my remaining money if I contact them, or I will be made to wager the total amount on a compusery basis?

There are many ways to solve your problem, the difference between each way is the game you play. Based on my experience, you do have to play the balance you have deposited, not without reason, the casino does not want to be involved in money laundering practices, so they apply this policy.

From the few games I know, you can play your balance in the original game that has a big chance setting to win, for example 1.01 - 1.2. Or you can go to the sportsbook and make bets on teams that are almost 100% winning. If I were you, I could take back the excess deposit in just 2 hours.

Don Pedro Dinero

legendary

Activity: 1358

Merit: 1565

The first decentralized crypto betting platform

So you see what a bummer for the OP. That wouldn't have happened in a fiat casino, or at least the ones I play in. If you make a mistake and deposit too much you can withdraw it but as it is a crypto casino with wagering requirements he now has to risk gambling. What I would do is play low volatility low reward games to try to reach the wagering requirements without losing too much.

nara1892

hero member

Activity: 1792

Merit: 728

Quote from: Koadharber on November 09, 2024, 05:06:47 AM

Quote from: nara1892 on November 09, 2024, 04:55:56 AM

Yes, that's right, the point is that this is an incident that should be used as a lesson that we should not be careless when choosing a casino, at least as you said that we must first see whether the casino is reputable or not, and you can see reviews from several members who have already registered there, simply if negative comments dominate then avoid the site.

In addition, it doesn't matter if you want to try a new casino even if it doesn't have a reputation, but make sure that you only allocate a small amount and also make sure not to make mistakes like what OP did, the point is to be more careful.

Why people cant really be just that able to make up some research first before they will really be able to make out some deposit in the site?
It will really be that not that too hard on trying to find relevant information on which it will really be that connected into the site or platform. It will really be that impossible that
we cant be able to see any feedbacks neither positive or negative towards it. There would really be those moments or times that we cant think up well
because you might get hooked with some fake feedbacks or with those too good to be true offer.

Well I think you have said the reason why there are always some gamblers who ignore reputation or some important things that can guarantee their level of security while participating in a site they have just found, the reason is as you said that it is very possible for people to find all kinds of offers such as promotions that at first glance look very tempting without thinking twice that something they see is too good to be true. So the point is to always use a rational mindset and a point of view that seems reasonable, because that way you will feel doubtful or suspicious when you see an offer that looks too tempting or too good to be true.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: EarnOnVictor on November 09, 2024, 07:45:18 PM

I've resolved not to play with any new casinos again, I hear more bad news about them than good. Well, if they are stable advertising on Bitcointalk, it's fine, as it's a better layer of trust, otherwise, I do my best to avoid them entirely. The bonuses are what they use to lure people and that must have been what trapped the OP as well before his own mistake. Now that the deed is done, he should only face it as it is, but I advise him to only play sports betting until he can withdraw his $900. I hope the casino honours his withdrawal.

That is better for you because you can avoids the scam that can comes anytime without you know. We trust to the casino so we must search for the right casino for us to playing gambling with without worry. Casino in Bitcointalk is enough for us to have the right casinos that we want so we don't have to search for the casino from out there because we don't know how good they are. No one will know when scamming comes but they will regret when they can not get their win money. Besides that, if he playing gambling just to fills the wagering requirement, that will be enough and he can withdraw his money unless he curious with the loss before.

EarnOnVictor

hero member

Activity: 896

Merit: 654

Leading Crypto Sports Betting & Casino Platform

Quote from: ethereumhunter on November 09, 2024, 08:23:59 AM

Quote from: nara1892 on November 09, 2024, 04:55:56 AM

Quote from: madnessteat on November 09, 2024, 02:47:46 AM

Quote from: EarnOnVictor on November 09, 2024, 02:27:00 AM

^

Yes, luck will not prevent him as it is difficult enough to win back $1000 in the casino and withdraw it without losses. I hope that Igor will learn a lesson from this situation and will play only in casinos with a good reputation and will check the transaction several times before signing and broadcasting it to the network. We all have to make mistakes from time to time. The main thing is to learn to learn from such situations and not to repeat the same mistakes in the future.

Yes, that's right, the point is that this is an incident that should be used as a lesson that we should not be careless when choosing a casino, at least as you said that we must first see whether the casino is reputable or not, and you can see reviews from several members who have already registered there, simply if negative comments dominate then avoid the site.

In addition, it doesn't matter if you want to try a new casino even if it doesn't have a reputation, but make sure that you only allocate a small amount and also make sure not to make mistakes like what OP did, the point is to be more careful.

They can try a new casino but they needs to be careful and before they use the casino, they can ask to the casino representative about many things. That will helps them to know what is do and don't in that casino and they can prevent from the mistake. But @OP needs to use some money to playing gambling before he can withdraw his money. He must have control not to use all of the money he have so he can withdraw back his money to his wallet.

I've resolved not to play with any new casinos again, I hear more bad news about them than good. Well, if they are stable advertising on Bitcointalk, it's fine, as it's a better layer of trust, otherwise, I do my best to avoid them entirely. The bonuses are what they use to lure people and that must have been what trapped the OP as well before his own mistake. Now that the deed is done, he should only face it as it is, but I advise him to only play sports betting until he can withdraw his $900. I hope the casino honours his withdrawal.

ajiz138

hero member

Activity: 1498

Merit: 785

Demanding the wagering requirements for your first deposit or just joining but when you have met the wagering requirements then it is usually possible to withdraw.

Or at least you bet up to $100 and leave $900 that is excess then you can withdraw the rest directly.
The thing is I've tried where I deposited $250 and played $50 and the rest was withdrawn without any problems.

Topic: What do you think about having excessive bankroll in gambling - page 5. (Read 1619 times)