Bitcoin Forum

Who else finds this requirements from casinos BS?

That's what's called a wagering requirement. I don't consider it to be BS, though; they have their own rules, and as long as it doesn't break the law, that's fine. You know, I understand the reason behind it. They want to ensure that their platform won't be abused by players whose intention is just to mix their funds. So, I think it's reasonable to implement these rules because, in the first place, when you deposit funds, you intend to gamble with them, right?

This is a common or standard rule in gambling site, as mentioned by stadus above, the main purpose of this rule is that casino do not want to see the casino is being used for mixing money or even a wallet. I do not see it as a BS, any online service has the right to set any rule and you as customer are also having the right to accept it or not. If you find that 1x wagering requirement for your deposit is a BS or maybe other rules as BS, then dont use the casino. Just for your information, there are even some casinos with wagering requirement for deposit higher than 1x.

This is the main motivation behind that rule, there was a time in which that rule was not in effect and personally I liked it a lot, however hackers and scammers took advantage of it by making a deposit and then asking for a withdrawal immediately so they could get fresh and clean coins in return, while the casino was the one that had to deal with all the trouble coming their way, so casinos implemented this rule as a way to protect themselves, and while I can see why some gamblers may not like it, that rule will remain in place as long as scammers and hackers are so widespread in this market.

If you're not a regular gambler, you might be surprised by this, but many gambling sites do indeed implement such a rule. Having a 1x wagering requirement on your initial deposit can seem reasonable. Once you've deposited your money, your primary intention is typically to engage in gambling activities. From a gambler's perspective, it can be seen as fair. It ensures that once you deposit, you're fully aware that you're entering a situation where you're ready to take risks with your money.

Any sites have different gambling requirements before you are able to withdraw your money but it's not always being equal to the deposited funds. Some sites are also able let you to withdrawing your money after you have been doing some bets.
The requirements are vary totally depends on the regulations that being implemented into the gambling site. I have no problem with these requirements.

Keep in your mind that if it must not equal to the deposited funds. As long as you were playing before you are withdrawing and that's fine. Im not seeing this requirement as a burden for the gamblers since you can also make small bet to fill it up.
Just try to gamble it and then you will able to withdraw it. It's not something wrong.

Simply put this mean,  1x wager requirements,  and this is fair enough if you ask me because this is the standard procedure with most casino and some that may even go worse will go as far as asking for x5 wagering which at that point becomes a big challenge to gamblers,  because in trying to meet the wager requirements,  you may sometimes end up losing your already won amount.

So I don't see anything big or wrong is having to wager your entire deposits once before being able to withdraw them,  this is to avoid casinos being used as money laundering tools where people just deposits get the coins mixed and withdrawn without traces

I've come across some sites that aren't too particular about that, but there are also those that implement such a rule. The best thing to do is to read their TOS so you don't end up complaining when your withdrawal gets put on hold. Just remember that the crypto gambling industry is a huge market, which means there are lots of players. So, choose the best one for you.

I guess this requirement is in every casino and some may even ask to wager the deposit twice or thrice before you can withdraw. There are two main purposes of it. First, when people wager, they will most probably lose money and hence it is a profit for the casino.

Secondly, the other reason that the gambling sites will give publicly is that this helps prevent money laundering and other illegal activities.
Why would you deposit on a casino site when you do not want to wager and gamble with it? If this wagering requirement is lifted, some people may use these platforms for money laundering, that is depositing on the gambling sites and withdrawing at the other end without gambling.

I read somewhere where one newbie deposited and after losing 30% of what he deposited opted to withdraw what was left what he deposited his reasoning was a change of mind because of fear of losing everything, of course, the casino did not let him withdraw his money stating what's written in their terms.
This is one of the big mistakes of newbies not aware of the wagering requirement.

There is no change of mind policy when it comes to gambling, newbies are encouraged to always read and check for changes in the Casino's terms of service, policy, and FAQ they are always guiding for safer gambling awareness, not familiarizing on these will put you in big trouble.

If casinos allow users to just deposit and instantly make withdrawals without having to complete any requirements then you’d have seen different people using casino for other nefarious purposes like laundering money. If I can just deposit money into my gambling account and withdraw it into a different wallet address why would I need service like mixers to prevent other from being able to track my transactions?

The only time it becomes a nuisance is when the wagering requirement becomes almost impossible to complete for example those asking you to wager x60 before you can withdraw.

This rule is applicable to everyone; we are gamblers, and we don't back down. We should gamble with everything we've deposited and only withdraw when the winnings are substantial. Personally, I wouldn't even withdraw my funds when I've won 100% of my initial deposit because I'm certain I'd continue to gamble. So, it's only a waste of time for me if I have to deposit funds again. We aim to win big, unless you're a high roller who's content with 100%. But for gamblers who deposit, let's say, $100, I think it's more satisfying if we can cash out with $1,000 in our wallet.

Honestly, why deposit if you're worried about having to wager your deposit? If I deposit $1000 somewhere and I hit something big early in my wagering, how hard is it to finish wagering the deposit amount 1x and guarantee myself profit? Especially if the site has dice.

I think some things are unrealistic to ask from players, but this is not 1 of the things I find to be too much.

Well, I wouldn't say it's BS, some people are really using casinos as mixers, and there is that AML policy as well. I doubt that this wagering requirement will stop people from doing anything illegal, but at least it's some protection.

I guess it's more about keeping players on the site... when we decide to deposit and we win after a few bets this is a nice way of saying "play a bit more" to players, and when we play a bit more there's always a chance that we will get busted.

Always deposit the exact amount you are ready to use for gambling, how is playing equal to deposited funds before withdrawing a BS? I don't think so, you are only thinking for yourself and it's fine but what about you been the casino owner? You would have love this rules before withdrawing, or won't you?

It is the same claim by gamblers who wants to rob casinos by taking their offers and bonuses and withdrawing instantly, if this is allowed why won't other gamblers abuse it? You will see loads of multiple accounts making deposits on the casino to get bonuses and click on the withdraw in an instant.

The only time where this should be normal is after you win for real, deposit money on the casino and do some gambling and if you get lucky and win some money you will be able to withdraw normally, if you running a casino you will know why some things are necessary, for the business to flourish and for the business to also not turn into a illegal platform.

It is a BS requirement and i really dont like it. It is widely used however.

Btw, depending on the location and local laws, the practice might also be illegal if you are deaing with a licensed casino. This style of a restriction can be imposed on "bonus" winnings but not necessarily for the initial deposit.

I'm talking about this restricting on initial deposit only, I understand and agree with such restrictions on bonuses.

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Previous comments cite AML, I'd argue you can do same thing on cexes, deposit and withdraw instantly, they don't force you to trade.

Now again, if someone argues you are kyc'ed on cexes, I reply only recently most cexes are making kyc mandatory, it wasn't the case before.

You can meet these requirements when you want to take a promotion. Some casinos apply this requirement and you have to play the gambling games equal to the funds deposited before getting the bonus. But some casinos apply this when you want to withdraw your winnings and some casinos apply this betting requirement so high that it is burdensome for gamblers to achieve it.

If you don't want to meet requirements like that, you can deposit and gamble without thinking about winning. So you will play gambling without burden. Just play. Winning is just winning and losing is just losing.

Casino is a place to play, if we make a deposit and not playing on there, then what's the purpose?

If someone make a deposit and only gamble for few time with small amount of money, the user is want to use the casino for money laundering, as we know most of casinos are combat against money laundering.

If you not happy with this rule, you can gamble in Web 3.0 casino and ask whenever they have this rule or not.

Of course, every gambler will find this wagering requirement BS. However, we should understand where they are coming from. Their platform could be used as a money laundering scheme. Those individuals can just deposit their tainted bitcoin then they can just withdraw it right away, so this casinos wanted to make sure that at least you play some money, just percentage of your deposit before you can withdraw it. Unlike in traditional based though, if you put some money on a game let's say a slot machine and you don't want to continue, then you can withdraw your money and encash it, or just continue to play with other games. But this is offline, so this casinos will have to protect themselves from people who find loopholes, not just in casinos, even in exchange platforms as well because there are certain individuals who might do it.

This is almost implemented in all casinos and not only almost but all casinos apply this, and some even have more than 1x or equal, for example, 1.5x or 2x, the reason is to avoid money laundering but in my opinion casinos really have to implement this because they are in business and when there is Players who only make deposits without playing and then making withdrawals will only waste their time in processing these things, because even though the casino uses an instant tag line, that doesn't mean there are no staff working to supervise and process deposits and withdrawals, so that's not the case needs to be debated and gamblers seem to really understand this.

This is understandable to counter money laundering. Why you will deposit an amount that you are not willing to wager in total? You should deposit only an amount which you are comfortable to gamble instead to deposit huge amount without wagering it all.

Before, casino doesn’t require wagering requirements since most of the casino doesn’t have license or license provider is not strict on AML policy. Fortunejack is the first casino that I knew which implemented this requirements but they also acquired Curacao license that time when they implement it. If the casino has a license then this requirements is not BS. It only becomes BS if casino asking for it is unlicensed since they don’t have AML policy to follow.

If you are referring to the deposit bonus I am one of them who find it bullshit but there can be ways around them,for example if the casinos let's you use IDR as a currency you can find a medium to low volatility game like Sweet Bonanza who can keep you playing longer until the requirement is fulfilled and you can then withdraw whatever amount is left to be withdrawn.I used to use this in my beginnings at casinos where they offered deposit bonus some long while ago,I don't see many of them offering this type of bonus anymore,not the reputable ones from what I have seen.

TO/wagering requirement isn't BS as long as it's only 1x. People deposit into the casino to play, and the requirement will be fulfilled without us needing to think about it. There are some scenarios where I wish I didn't have to go through the TO requirement though, such as when I get a big win at the beginning of my playing session. Anyway, if that's the case, completing the requirement should be no problem if you play smart. Money laundering exists, so a 1x TO requirement is the best solution IMO.

No, it is not about deposit bonus but it is about pure deposit without bonus where there is 1x wagering requirement before you are able to withdraw.
1x wagering requirement for deposit is a basic thing in this crypto gambling industry, most casinos implement this requirement and I think 1x wagering requirement is quite normal.
We as player make a deposit is to gamble and wagering 1x of our deposit is not hard to achieve especially if the casino provide original games with low house edge.
Even if we talk about deposit bonus and its 40x wagering requirement, I will not say it is as BS because it is how the bonus works where the casino has calculated to make them the one which get more chances to win.

In my opinion, it's okay. If you deposited $100 just to make $1 and withdraw then wouldn't be absurd for the business?
My $10 can wager $100-$200 in just 3 hours of playing any original games. Not the slots that are being provided by the likes of Pragmatic, Microgaming, or others because they are expensive for just 1 bet and even with 100 bets you might not get your money back through RTP.
Original games like Keno, Plinko, Dice, and more let us play with even 1 or 2 satoshi bets so by playing it safe with low-risk bets we could wager a high amount although it will take a lot of time and some losses too.
I think it's just normal that gambling sites can keep gamblers in their business. If every gambler is just using the site to deposit and then withdraw then that will be a fishy transaction like they are cleaning their money which could cause trouble to their business because of money laundering cases circling around using this kind of method.

This is actually one of the most common things you will see in different gambling platforms. A wagering requirement is not something that will harm actual gamblers of the casino. It's in place to make sure that money laundering will not happen and that fraudsters will not use their platform for these kinds of things. If you're looking to use the casino as your personal mixer, then those days are over. If you deposit your money, best use it because that's the only reason why a person would deposit some money in the casino.

They strictly enforce it to prevent people from using casinos to launder their dirty money, if they don't have this people will just abuse the casino, it's a parameter to stop this abuse, all casinos have these terms and requirements, it's very unusual and your account is suspect what is your motive if you deposit and you withdraw without wagering or you do not follow the casino's wagering requirement.
Those who plan not to follow the wagering requirement are not reading the TOS and policy of the casinos and their account will be flag eventually.

Before we deposit into a casino, we can ask first if there are any wagering requirements if we deposit some money, let say $10-$20. If there is and we don't want to go through the wagering requirements, we can look for another casino that is more friendly. But usually, if we deposit $10-$20, there are no wagering requirements because we are not participating in any program and can just play and withdraw the money without any problems unless it's a shady casino.

They have their own rules as and in order to use their platform you need to agree to that. I don't think there are platforms that don't require it, so you are needed to do that in order to use their platform. So there's no other way. If you want to keep using the platform you have to do it. But if you find other platforms that don't require it, then my suggestion should be moving towards those platforms. But I doubt there are any.
The main reason behind wagering is to prevent criminal activity. People could use gambling platforms to move funds illegally if there aren't any restriction as this. So I don't blame them. It is for their own safety and for the players too. Also, they want to ensure that you will stay to the platform and play. It seems like a win situation for the gambling platform, but we have to accept it if we want to continue using it.

You do not really need to ask as this is information that I would think it will be clearly stated on their TOS, still I do not see too much of a problem with this rule, after all if you make a deposit at a casino it is completely fair for the casino to assume that you are doing this because you want to gamble some money with them, so a small wagering requirement is acceptable and it will not affect most gamblers anyway, and the only ones affected by this will be those that wanted to use casinos as improvised mixers.

Wagering requirement for deposit has nothing to do with the amount. As long as there is a term that there is lets say 1x wagering requirement, no matter how much your deposit is, you need to wager it 1x before you are allowed to withdraw. It has nothing to do with any program as well but it is related to general term in the casino. If you are looking for casino without wagering requirement for deposit only, I doubt you'll find it because it is a common term that you'll find in most casinos.

I'm with the OP not that I'm a money launderer and it's better to not judge easily if we don't know the people and we don't have much evidence. My reason BTW is because I like to withdraw immediately once I already won some money. It's a safe way for me to play gambling but I can not do that anymore because of these new rules made by the casino.

If someone wants to launder money, casino isn't the only way or the best place for doing that but there are already mixing services even before. They can always go on it. Now will you still say that a wagering requirement won't harm the gambler? No it's not true but it was actually for the sake of the casino so that their services won't get shut down by the regulators.

This is a common rule in most casinos and it is nice because I don't see any reason why you will fund your gambling wallet and you are not ready to gamble with some amount, and later you come back to make withdrawal. This will make the casinos raise eye browns towards your action. It is not also fair to show the casino that you have funds and don't want to use the money to enjoy their service, since they are not banks, where anyone will just dump some money and withdraw immediately. One should note that if you don't want to use that money for gambling, there is no need that you put it into your gambling wallet, if not you will not be given access to withdraw it you wager.

Gamblers who complain about this rule are usually not committed gamblers, as they aren't sure if they're ready to risk what they have. When we gamble, we must understand that the amount we deposit should be ready for action, not something we just leave sitting in a casino, spend a little of your deposit, and eventually withdraw it. It's like you're wasting your time and the casino's time. If you're going to gamble, do it wholeheartedly, as that's where the real enjoyment is found. Gamblers aren't known for being timid, right? We even go all-in when we're desperate.

I have experienced this, when I had just played a few spins, i got a big win. Because the deposit I made was less than half of the big win I got, to shorten the time to be able to withdraw, I did a bonus buy feature and normal spins with a higher bet, of course with a limit as long as it didn't reach 40% of the win previously obtained. in case I get another win, consider it a bonus. This is just my strategy to speed up to completing the 1x wagering requirements.

I have not tried using all platforms, but I am almost certain that all of them impose this condition, or at least play at a rate exceeding 50 to 80 percent at the very least. I find that imposing this standard is necessary and largely logical for several reasons, some of which I can mention, but not limited to:
- Preventing the platform from being used as a mixer so that the casino becomes a pool of dirty money. The platform is legally required to prevent this from happening.
- Prevent manipulation of the casino system. A person can cause a malfunction in the system by simply depositing a small amount, dividing it into smaller units, and then making repeated and consecutive withdrawals. This will harm the system, especially since most casinos do not ask for fees for withdrawals.
- Ensure that users spend as much money as possible. This is a legitimate will, of course.

It's the most common rule.

Most the time (unwritten) rules, and if you read on term & condition some casino put these rules on there t & c. The reason is classic, to avoid money laundry and casino is not exchange.

So, they required you to do at least waggering 1x from the deposit you are made.

If you own a casino or any betting platforms, will you allow attempt of money laundering, of course not. Betting platforms knows over the years that casinos are been use for money laundering and you don't want to be questioned about some money that came into your platforms without been use for the purpose unless the casino really want to support laundering of money which is great to me. Most of crypto gambling platforms I know has this requirement if you must use their platforms.

The only gambling platforms that don't support 1x wagering as a requirement to withdraw funds are probably not the license ones. The license casino must be ready to accept this rules because just imagine some deposited stolen Ether into casino platforms and then without playing any games requested to have back the same amount, it will raise suspicious from the company because if they are to interrogate them of how the money.wws used, they will be prosecuted, that's clearly how money laundering is supported by some companies.

Quite unfair to some ‘coz there are players who accepts their loss and just wanting to stop already than to lose everything that they have deposited. But indeed wagering requirements vary from one gambling site to another. Unfortunately there are sites who tends to change the required wager which is quite a downside to those who are unaware of such feat.Well, I won’t invalidate those who does this. There are circumstances we cannot control and those which are unexpected. These are the instances which often pushes gamblers to pull out what they still have than to gamble their luck and be left with nothing which is obviously a bigger problem.

Is it your first time? If yes then this is a standard thing and this is what we do call on trying out to avoid money laundering and since these platforms are businesses which are obviously regulated then it would really be normal that they would really be that getting in line with government rules and conditions and this is really that including on this kind of term. You cant really just barge in into a casino site and just tending to make deposit and trying out to clean those tainted coins.If it was really just that easy then money launderers would really be just simply doing those kind of  cleaning without any problems.

Totally BS requirements? You do really make yourself that funny. lol.
Good thing that they are really just that requiring 2x of your initial deposit and not something that needs to be wagered 5x or more which it is really just that too much.
This is what makes that gambling platforms arent that best place if you are trying out to clean up your coins or simply tending to make those laundering thing.
You would really be finding this to be that BS thing if you do have just recently tried out to make deposit and tend to withdraw directly. You cant really just do it
on which they do have those requirements first before you could really be able to push through.

Not really "unwritten" as it is almost always included on the terms and conditions on every casino out there.

But yeah, casino abide by these rules to avoid illicit activities being involved on their platform but there can be exemption on this rules such as Identity verification or KYC. Also, the casino expect their players to gamble on the platform with their deposit since that's the only purposes of the platform and not a wallet.

Casinos shoudn't be having this rules and that's why many of them don't have it, there shouldn't be a restriction on your deposit. When there's a requirement to play equal to the deposited amount before you can withdraw, it'll chase away gamblers but when that requirement is done for bonuses, it'll help reduced cheaters that wanted to cheat the bonus by using multiple accounts.  If I see a casino making it compulsory to play as much as I deposited, I'll have to leave then to go to other casino and continue playing.

Most of the casino has similar games so we won't be missing much games abandoning the casino and switching to another that won't make it compulsory to gamble all the money we deposited before they can allow us to withdraw. Some gamblers use casino to store the money they want to use for gambling, giving them this rule will make them over gamble and leads to addiction.

I find it's bullshit if they ask for their user to wager 10x or 50x ot whatever from their deposited amount but 1x is pretty sensible and if someone didn't want to bet then they shouldn't be deposited in the first place.

The actual reason for the wagering requirement to exist is to avoid money launderers and if there is no such requirements in place then they can deposit millions and bet a few hundred then withdraw everything as whitewashed then the casino will have to face legal issues and charges and if that can be avoided with one rule then it doesn't sound like bullshit to me.

Yep, wagering the deposited amount is sensible because of money laundering issue though there are people who are in change of heart and not to do bets anymore after realizing the deposited the amount. There's should be another options for gamblers and should not be stuck in force wagering just because they want to withdraw their money. One thing I'm thinking is limiting the wager amount depending on the amount of deposit, having amount brackets on how much times should they wager or if they don't need to wager because the amount is too small. One other thing is to just have a stricter KYC option like having a recorded video call why they withdraw the money without spending and asking for reason. I think we all need options on situations like this.

Those requirements don't come from casinos but from regulators. And there's a good reason for asking that. You don't want to make money laundering easy, and just putting in and withdrawing would definitely make it easier. Also when people are depositing because of bonuses, casinos need to make some money back from it from some players at least. They are not just handing out free money without any requirements.

I used to find it annoying when casinos introduced the requirement back then but I eventually got used to the wagering requirement until it didn't bother me anymore because you'll see most casinos have it as one of their requirements before withdrawing.

It only becomes annoying if the wagering requirement is suddenly higher than 1x because you rarely see a high requirement almost similar to a promo reward.

If I had found this casino from other people's reviews, I would not have tried playing at it. Wagering 1x-5x the deposit amount makes sense but if it reaches 50x, it might be tough. So instead of risking more money to take the bonus or to withdraw winnings that are not large, it is better to look for another casino.

We know casinos do those wagering requirements to avoid money laundering. We must be observant and thorough in checking the regulations and only immediately deposit a sum of money if we have found clear information. And rather than later we will experience problems like that, it is better for us to postpone it first while gathering more information.

For those that are just starting to gamble such kind of measure may seem unfair, but it is when those people read about what caused casinos and regulators to implement those policies when they finally understand why those wagering requirements are there, and in a way this is no different than what we see with most laws anyway, in which a person takes advantage of something that was not considered by lawmakers and then the law is modified to make that behavior illegal.

Many online gambling services especially those that accept payments with cryptocurrencies have these or similar rules because the main purpose here is to prevent money smuggling and not allow cryptocurrency transfers to be mixed in this way. Although this situation prevents the person from depositing a certain amount of money and then regretting it and wanting to withdraw this money, unfortunately, it is a precaution taken to prevent malicious people from easily carrying out such transactions especially money smuggling. Generally speaking, although this isn't a serious problem for many people since many gamblers invest as much as the balance they want to spend in gambling, it causes the money deposited into the online casino to not be withdrawn immediately if needed. For this reason, it is necessary to be careful not to deposit too much money into online gambling services or more than the amount to be gambled especially considering the situations in which money may be needed.

Obviously, it is about keeping money laundering at bay as other have said.
Though, because I do not have much experience with landbased casinos, I have wondered whether those also have some equivalent rules so criminals won't easily launder assets in their resorts.

Since casino ships are more difficult to track and control than credit onan online casino account, then how are they supposed to track chips which are being used for criminal activities?
Also, how do they guarantee gamblers are wagering the minimum of their entire deposit in their gambling floor, if they are using chips instead an electronic balance?
Unless the managers and staff are supposed to keep a record of each FIAT-Chip swap their guesses do during their glambling session or gambling night?

How is this supposed to work?

The only sensible wagering amount requirements should just be 1x or possibly 2x ( but not really) of the original deposited amount. Apart from that, the casino is just forcing their users to continuously gamble which may put at risk.

I also call BS for any platform who requires more than 10x and hell up to 50x as it's more likely that these platforms expects players to lose. You can't even do a dice game with minimal odds like 1.1x more than 5 times without losing and they expect you to bet more than 10 time the deposited amount. These platforms should be avoided at all cost.

There tend to be two different kinds of casinos out there I've noticed: The major casinos, that are run professionally and have vast teams with resources to maintain a profitable casino & sportbook. They are generally trustworthy, display all the information you need to make informed decisions about your bets (like RTP and terms of service) and invest in their long term survival. They will often offer small bonuses and regular promotions to keep players interested. Then there is a breed of websites which pretend to be casinos, but they are basically empty shells trying to trick people into depositing by offering things like a $500 bonus, but like you say - they attach ridiculous terms to the offers which effectively means that you're lucky if you can walk away with $5 of that $500 bonus if you complete all the conditions.

I agree there's no such thing as a change of mind in gambling when you deposit you should play, it's not a store where after you enter and you pick something you then decide you don't want to buy anything, it is a general rule of every casino I'm not saying OP is naive but so many newbies fell into this they deposit and after playing a few rolls decide that it's not the casino for them and withdraw, now this will trigger an alarm on their security.
I don't think there is a casino that does not have this rule.
It's better to always read the terms of every casino you are about to play, some casinos are tweaking their terms to make their terms different from other casinos and slight changes will have an effect on your playing, especially when it comes to bonuses.

i can understand the 1x or 2x wagering requirement, but 10x or more for your deposited funds, that's really ridiculous. this is why before you deposit any penny to any casino, check their terms and so with the wagering requirements.
you will notice that those big casinos or bookies are not requiring high wagering requirements. most of them are just asking you to wager some of your deposit money before you withdraw.

Some site have this kind of rules and that’s why its advisable to read the terms and conditions first before trying any site so you wont experience any unexpected requirements when you are starting already. Though I don’t agree on this especially if there’s no bonuses and you just want to gamble and try the site. There’s a lot of good site that don’t have this kind of rules, try to look for it.

I do not find this BS.  Casino is not an exchange nor any free platform that we can deposit and withdraw without using their service.  Casino is a business platform that pays people for every services they offer so it is normal for this casino to make a requirement to at least use their service if we deposit money on their platform.  Aside from that, many people are thinking to make these gambling platform to wash the history of their funds thus, this wagering requirement is one of the preventive measure of the casino to be exploited like that.

This is most likely a normal casino wager requirement. It is set to scare launderers away from using their casino; they don't want a situation where you use someone else's card to fund your casino account, and this money goes into the casino's business account. In turn,  you use your own personal account to withdraw that money, leaving the criminal linking to the casino and not to you.
 
Setting the wagering requirements makes it a bit easier for the casino to be assured that those who deposit in their casino are in their to play and win games and not in any way trying to use the system for exchange or mixing purposes, because wagering with money you were not planning to wager with us is a big risk some launderers are not willing to take as the chance of losing that money to the casino is very high. although even with all of this, some people still somehow use the casino for their illegal activities.

For a long time, casinos began to be labeled as the favorite place for thieves to launder money, with the reputation of casinos being tarnished in an unfair way, so many casinos began to introduce this betting rule, although in my opinion many casinos have exaggerated , you could put rules such as it being mandatory for people to play with at least 50% of the amount they deposit, but many casinos put rules of 2x, 3x, which are very difficult to comply with and to make matters worse, they have a high minimum withdrawal value and ask for kyc . so when you look at the high requirements that certain casinos are asking for

In my opinion, this is no longer about money laundering, but about forcing people to play until they lose everything and there are a very small number of people who will be able to make withdrawals. stake is one of the few good casinos where withdrawals have a very low value and don't have these high and absurd wagering requirements, which is why I consider them to be the best casino. I've seen casinos with withdrawal values above $50, with 3x requirements, and I asked myself: why this absurd rule? But to my surprise, there are many people using this casino and they don't complain. The fact is that as this is a market that governments have not paid much attention to, it makes it easier for many casinos to put in place rules that harm people.

How come it became BS? It's just normal at most casinos. You can't use an online casino as a gateway to transfer funds to another at your will.

Besides, it's just a 1x requirement, I wonder what will be your reaction at x2 turnover although I'm sure at most, it's just a 1x.


Obviously, the higher the deposit, the more time you will need to spend to reach the turnover even if it's an x1.

Where's the forcing of the users on that part if in the first place, that would be expected?

It's like when you deposit $100, you are able to turn it into $200 within just a few spins and you will withdraw right away. I doubt any casinos will allow that. You can't even do it on Stake although the requirement they need is only 80% of the deposit amount which is below compare to other casinos. But the picture is just the same if you deposit a big amount there.

Yea, it was 1x. I did complete it and was able to withdraw.


It's expected from experienced users, I know they write in TnC, naive of me to not read it but I feel it would have been better had it been written somewhere obvious that one is required to wager their deposit before they can withdraw their deposited money, possibly on deposit page itself.



You are saying as if gambling provides surefire win, there is equal chance to lose that $100 as well.

With a betting requirement of more than 10x, it will only result in losses for gamblers if they can really get lucky so they can win big and withdraw their winnings. But will casinos allow it so easily for gamblers who want to cash out their winnings? Shady casinos will not allow it easily. Shady casinos will impose other requirements where gamblers must do KYC before withdrawing their winnings.

Yes, we have to avoid platforms like this to avoid problems. This may be a small problem but it can make us feel uncomfortable.

The only time I find the casino requires 10x to 50x wagering is when they are giving bonuses. It is obvious that the casino don't want to be part with the amount they give without making player to wager with such requirement.  I find it somehow reasonable because the player got the fund for free but I find it BS for those reward and bonuses that requires huge multiplier after completing several task.  I also known then pain of undergoing such requirement because it is really hard to meet the huge multiplier requirement if one is not having a lucky day.

Well, that's the part of the game as the gambling sites will not give you anything for free. Even with the bonus they give you, they will make sure that you do enough wager that it becomes very hard for you to fulfil the wagering requirements. And since the bonus is the free money which the gambling site gives us, they have the right to put any wagering requirement they think is suitable. I personally think that bonus are not meant to cash out but to have fun with the free money.

For the deposits, they will usually give a 1x wagering requirement and that is justified too as you deposit money for gambling, it is necessary to gamble with it at least once.

Not only the gambling,no one will gives you anything for free.Because the gambler who had get the bonus will get the gambling involvement and increase their deposit to the gambling only for the bonus.But he had forgot the fact he had deposit the money for the many times for the new game for their loss.So the loss make the gambler to temper to playing the gambling games for many times.But the gambler who win the game with the gap will not worry about this type of loss in the game.The gambler who lose the money random will worry for the continuous deposit of the money for the continuous game.The bonus will increase the number of users to the gambling sites and the gambler number to the gambling sites also increased by the bonus for deposit.

That's correct. The requirement is hard to meet only for people who don"t really want to play, but in such case, why deposit any money at all?
Imagine you bet some money and wager 10% per bet. After 10bets you'll be able to withdraw. If 6 out of 10 bets are wins, you end up withdrawing more money than you had. If 5 out of 10 are wins, you're able to keep playing or withdraw your deposit minus casino fees. Pretty much that's what gambling is about, you deposit to bet it.

I bet on sports and I usually bet what I deposit, so I've never even felt that the wager requirement is there. If I send $50 to the casino, that's what I bet on the next match.

at first, I thought it was stupid and should only be implemented on deposit bonuses and other bonuses/promotions because doing that on deposit bonuses and other bonuses/promotions actually made sense but, doing that wagering requirement on a no bonus deposit is stupid, but now, I don't mind it. that being said, I am only okay with a 1x wagering requirement for a no-bonus deposit and anything higher than that is BS. if I remember correctly there is a thread that has a list of gambling site that has wagering requirement for no bonus deposit.

Sometimes I think that gamblers complain just for the sake of complaining, there are things that are worth complaining about and I can understand when gamblers do so as I think they are being unfairly treated, but this is not really one of those times, if they make a deposit in their casino wallets then it is natural that casinos assume that is money they want to wager, by not doing so it is understandable casinos get suspicious about such behavior and I can see why they implemented such rule.

This is very common to find in bonus hunters, which seems like a lot of work to do, and well when you focus on this type of thing, I have seen that there are many Players who look for Casinos where they are offered to play for free and that they can Win, that is to say that you can withdraw, this is very common when we are going to do different things, in particular, before entering bitcointalk, I had never been around the internet and I always came across little casino sites, where they offer you to play and if you win well they can Withdraw money, so at that time I started to play and I didn't win, at one point I was able to play and when I won he told me that in order to withdraw the money I had to deposit, the truth is that I realized that this is a scam, and obviously it was not a casino that is not in the forum, it had a strange name, I still couldn't do much, so this made me do many things, like looking for more reliable casinos, then I found pokerstars.net, and well From there a search began.

When I go to look for a casino and I have to accept a bonus, I prefer not to accept it, because the bonuses now have a few conditions to be able to withdraw money, so in this order of ideas I always do that, for me there is no type of bonus that is free, or that a casino offered it and it is something to regulate, that is something that they do not mention nor does it matter to me, so it could be said that always in a casino when it offers bonuses it is with something in exchange , usually hunters of bonuses when they want to claim and claim that money has to meet the highest demands, very high wagers, and I am not patient for that, the best bonus hunters talk about it, that they are patient people, who have a lot of time to play and to be able to Pursue this, then that's basically going to make it difficult for them, I'm not one of those who believe in bonuses for that reason, I prefer to play with my money without bonuses.