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Author Topic: FortuneJack predatory rules  (Read 557 times)
tokeweed
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July 31, 2020, 12:35:57 PM
 #21

And for 'item 2', money launderers pay people a percentage of the money to get them to use their identity, some could use fake ID's, etc, etc...
I am under impression that you don't know what is money laundering, no hard feelings. How rollover rule stops money laundering exactly?
And it never happened to me tbh.  Deposited around 200 USD and made 20 - 30 bets with no problems.

Edit:  Reading it again...  'You have to make at least one bet with minimum stake of 50% of your deposit.'.  'At least one bet' means you can do multiple bets until it reaches 50% of your deposit.  I think...  But let's clear things up.
It really doesn't, but as you said that you have made some bets and it never happened to you, they should change something in ToS, it is confusing and just because it is part of ToS, site could force player to place large bet.

No offense taken at all.  We're just talking here.  Smiley

Anyway, the rollover won't stop money laundering per se but it would discourage them from using the site for money laundering.  Imagine if the site didn't have any sort of rollover.  Criminals would be all over it and it would def bring the Feds coming after the site.

And yeah, maybe making the ToS less confusing should be the way to go.  Reading it again and again, I'm quite sure the 'at least minimum one bet 50% requirement' is across multiple bets.  It said 'at least one bet', so meaning it can be multiple bets.  And I've never experienced any shenanigans from FJ.  They've been a great bookie for me.


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actmyname
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July 31, 2020, 08:25:28 PM
 #22

Anyway, the rollover won't stop money laundering per se but it would discourage them from using the site for money laundering.  Imagine if the site didn't have any sort of rollover.  Criminals would be all over it and it would def bring the Feds coming after the site.
I don't think the rollover is the big concern... most sites do have rollover and although it's a little bit scummy (essentially ripping into your balance every time you deposit) it's not terrible.

Reading it again and again, I'm quite sure the 'at least minimum one bet 50% requirement' is across multiple bets.  It said 'at least one bet', so meaning it can be multiple bets.
I can twist the equivocated semantics into either, "bet 50% of your deposit cumulatively," or "one or more bets at a minimum stake of 50% of your deposit."

If I read it left-to-right, the latter is the only logical conclusion that I can glean from the clause. Here is the compartmentalization of each semantic category:

[You] := subject
[have to make] := action
[at least one] := quantity
[bet] := object
[with minimum stake] := descriptor
[of 50% of your deposit] := details of descriptor

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August 02, 2020, 10:03:23 AM
 #23

And yeah, maybe making the ToS less confusing should be the way to go.  Reading it again and again, I'm quite sure the 'at least minimum one bet 50% requirement' is across multiple bets.  It said 'at least one bet', so meaning it can be multiple bets. 

ToS shouldn't be 'more' or 'less' confusing but clear and unambiguous. There is always the possibility of manipulation or abuse by either party if the rules are not clearly defined.
I've never encountered such a rule at any casino before. As I see it, there are two possibilities: the rule is intentionally written vaguely so that it can be used against players in certain situations, or, more likely, the rule is erroneously worded and should be reformulated.

And I've never experienced any shenanigans from FJ.  They've been a great bookie for me.

I'm fairly certain this is not an issue here. It would be really good for FJ to reformulate the rule or explain it in detail so that it doesn't lead to a wrong conclusion.

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August 03, 2020, 01:55:30 PM
 #24

Here are the relevant rules that I stripped from FortuneJack's Terms of Service:

Quote
8.1.1. On Slots, Casino Games and Live Games Your deposit amount must be wagered, be turned over 2 (two) times;

8.1.2. On Sportsbook Services You have to make at least one bet with minimum stake of 50% of Your deposit amount (example: if Your deposit amount is equivalent to EUR 100, You have to bet minimum EUR 50 on any position You can select on Sportsbook Services);
That second rule is insanely scummy: I have actually never seen anything like this before on any casino.

Wow, wtf. I've never seen anything like that. That's retardedly unfair. It wouldn't even stop abuse, just a way to screw legit gamblers.

When ever I see stuff like this, I always wonder if they're scummy or stupid, but I guess either way it's not somewhere you can imagine wanting to play :/

Really? A bet with 50% of the bankroll... damn, sound like a good place to always lose, and if you win, they will keep you there until lose.

Even for high odds bet (With the chance to win x1.1) we can lose 50% of our balance, which sucks really hard and feels like a kind of abouse from their side.

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August 07, 2020, 10:02:02 PM
 #25

This is exactly what I mean. The website is anti-users, I dont see why there are so many people praising the sites, and so many promotions for this site. There does not seem to be any logic behind their rule, other than for them to force players to lose money for their own benefit. I wouldn't have played on this site if I knew this BEFORE i deposited, but they made sure to keep it nice and hidden. I havent see anyone talk about this before and now my balance is stuck.

https://bitcointalk.org/index.php?topic=5214806.msg53516829#msg53516829

But yeah, it's a pretty deceitful behaviour considering it's not clearly stated and only buried in the ToS.

And I think the "min 50%" of deposit bet is a new thing.

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September 03, 2020, 09:37:47 PM
 #26

have they done changed these rules ?
As of this post, no.

You still have these exact terms on their ToS page:

Quote
8.1.1. On Slots, Casino Games and Live Games Your deposit amount must be wagered, be turned over 2 (two) times;

8.1.2. On Sportsbook Services You have to make at least one bet with minimum stake of 50% of Your deposit amount (example: if Your deposit amount is equivalent to EUR 100, You have to bet minimum EUR 50 on any position You can select on Sportsbook Services);

Direct link: https://fortunejack.com/faq/terms_and_conditions
Archive: https://archive.is/ANiCl#selection-949.0-953.258

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