How Gambling companies can get more users to deposit.

[rodskee]

there are many hard rules for the transitions and despite and  gambler have to pay a hefty money for all this.
In our country there are many issues regarding trasection and deposit. When I read where people mention that everything is very easy in their county I feel left behind.

Well, jurisdiction is part of the rules and that's why if you find it hard to do transactions, withdrawals and deposits in your country. That's basically because of the rules of your government towards casinos and you can't blame them for that.

and also we must check the TOS first this is why there are many issues coming from players because of not giving a chance to read the site rules first before making deposits and playing.
because also they thought that all casino has the same rules but ending they are not.

That's why there are online casinos where you can deposit cryptocurrencies and that's making things easier. You won't be a subject for KYC at the beginning until you are required to do so when you're hitting and winning big.

a common way of gambling sites to scam players , its just not obvious but the truth is? this is scam because why imposing the KYC when hitting big wins considering that the players constantly depositing and withdrawing for long time but eventually requiring KYC because they are looking for a chance for them not to get their money.

[michellee]

That's why there are online casinos where you can deposit cryptocurrencies and that's making things easier. You won't be a subject for KYC at the beginning until you are required to do so when you're hitting and winning big.

a common way of gambling sites to scam players , its just not obvious but the truth is? this is scam because why imposing the KYC when hitting big wins considering that the players constantly depositing and withdrawing for long time but eventually requiring KYC because they are looking for a chance for them not to get their money.

Casinos do that to prevent gamblers who win big money from withdrawing those winnings. By all means, they will force KYC on those gamblers and we know that they have successfully blocked many accounts of such gamblers. But I believe a reputable casino will not do that and if a gambler wins a lot of money, maybe they will still allow it because there is nothing suspicious about that gambler. But for a scam casino, I don't think they will because they don't want to see any money coming out of their site.

The casino will try all methods they know to keep attracting more gamblers, especially those who do not have much experience depositing more money to their site.

[gaijinshacho]

The problem with using third parties (paypal et al..)to withdraw funds is that once they have your funds, they can flag your account for whatever reason and prevent fiat withdrawals.  Direct crypto withdrawals via privacy coins like monero is the best way to go IMHO.

[danherbias07]

IMO, it should be like that, a broad amount of deposit options. If possible, every available one.
Don't let one gambler decide to pick another site just because one business doesn't have the preferred option to deposit. VISA and Mastercard are given but cryptocurrencies, Paypal, and other local payment applications are mostly not on the list.
It will drive away gamblers that think it is an inconvenience on their side. They don't have to be the ones making efforts just to make a deposit while first of all, it's their money that will be put at risk.

[KTChampions]

Working in full compliance with government regulations seems to be more expensive than working without them (in my opinion this should be the case since in the first case the costs are higher). This leads to the fact that the casino offers worse conditions (greater house edge, worse odds, etc.) Plus the possibility that if you win a big win you will have to pay taxes. Does all this suit you?

It really just rest on his judgement. While many of us are not open to submitting a single document about ourselves to a casino, many are willing to. Especially when lies upon it is the withdrawal their winnings. Countless threads so far expressing their disappointment after finding they are at the mercy. If they are not sending KYC documents, nothing can be done be regretting why they deposit in the first place. Casino being a legitimate with license still will help lure users to deposit but this isn't what OP was talking about.

Yes, decisions are made on an individual basis. But there are some consequences of these decisions that completely change your ability to play. For example, as I said, regulation and taxes worsen the conditions for the player. That is, for example, imagine that you are betting on an event with odds of 1.6, while in unregulated bookmakers you can bet on the same event with odds of 1.8. Obviously, by betting with the worst odds, you will quickly lose and will not have a chance to beat the bookmaker.

[Fredomago]

Gambling companies would really be doing their best on giving the best service as much as possible as long they could really hook up players or new ones to play on the site which not only talking about lots of payment options but also on the games that they are offering and on the bonuses and perks that they do give out.

That's a necessary thing to do that's why as much as possible, there should be lots of deposit methods available on that site so that users will have lots of preferences. Nowadays, convenience is a big thing and that should be given to all users as much as possible.

If I'm a gambler too, I don't like to play on a new site with only 1-2 options for a deposit.

More options more potential gamblers to visit and play with the sites, there are competitions around and gambling site knows that and they are trying to exceed and do an extra mile to attract more players, Perks and bonuses are really something that engage players and gambling sites are really aiming to be more competitive in terms of bonuses and rewards that they can offer.

With deposit options, it's true that more options are gaining the attentions of the players, they are willing to explore
and really trying to find the advantages that they can get from each gambling house that they visited.

[nullama]

Yes, absolutely.

The more options for deposits there is, the more likely a gambler will put money in there.

Because sometimes people have their money in different stacks in different accounts, etc, so if one casino allows deposits from different types of accounts then people will be more than happy to use that. Even credit cards, which I don't think is a great idea for the gambler, but well, we're all adults here.

[freedomgo]

That's why there are online casinos where you can deposit cryptocurrencies and that's making things easier. You won't be a subject for KYC at the beginning until you are required to do so when you're hitting and winning big.

a common way of gambling sites to scam players , its just not obvious but the truth is? this is scam because why imposing the KYC when hitting big wins considering that the players constantly depositing and withdrawing for long time but eventually requiring KYC because they are looking for a chance for them not to get their money.

Casinos do that to prevent gamblers who win big money from withdrawing those winnings. By all means, they will force KYC on those gamblers and we know that they have successfully blocked many accounts of such gamblers. But I believe a reputable casino will not do that and if a gambler wins a lot of money, maybe they will still allow it because there is nothing suspicious about that gambler. But for a scam casino, I don't think they will because they don't want to see any money coming out of their site.

The casino will try all methods they know to keep attracting more gamblers, especially those who do not have much experience depositing more money to their site.

That is what I'm trying to say in almost threads about KYC that I bumped here in this forum, casinos are truly taking advantage of KYC to avoid clients from withdrawing the funds after winning big. I have thought of reasons why they are frequently introducing KYC even if it's clear that we've deposited to their site from time to time, first is that they just want us to bring those winnings to their site again by playing games and second is that they just don't want to withdraw our winnings to spend it on some other things that we wanted, as you said.
I agree, reputable casinos won't do this after having a history of deposits on our account.

[Mahanton]

Yes, absolutely.

The more options for deposits there is, the more likely a gambler will put money in there.

Because sometimes people have their money in different stacks in different accounts, etc, so if one casino allows deposits from different types of accounts then people will be more than happy to use that. Even credit cards, which I don't think is a great idea for the gambler, but well, we're all adults here.

Different options nowadays becomes standard as you can see even on newly launched casinos on where payment options and selection is really more than one or simply does have altcoin option which it would really be bringing that kind of convenience on  someone who do tend to play which the more comfortable they are on making those transactions then it is really likely these people would ending up on staying on the place
but of course these things wouldnt be enough on sustaining or retaining people on the platform.There are other factors which is almost crucial like those promotions and bonuses and offerings which
people would mainly dive in or main to look at because payment options would be useless if things offered are shit.

[Silberman]

That is what I'm trying to say in almost threads about KYC that I bumped here in this forum, casinos are truly taking advantage of KYC to avoid clients from withdrawing the funds after winning big. I have thought of reasons why they are frequently introducing KYC even if it's clear that we've deposited to their site from time to time, first is that they just want us to bring those winnings to their site again by playing games and second is that they just don't want to withdraw our winnings to spend it on some other things that we wanted, as you said.
I agree, reputable casinos won't do this after having a history of deposits on our account.

Without a doubt some casinos are using know your customer policies as an excuse to try to not pay their clients their rightful winnings, now there are some cases in which something like this is justified like when there is a suspicion that the person behind the account is somehow cheating, using multiple accounts or connecting through a VPN, but when this is not true then I think that it is unnecessary to ask for personal information because the gambler has demonstrated that they are not trying to abuse the casino.

[Jawhead999]

Without a doubt some casinos are using know your customer policies as an excuse to try to not pay their clients their rightful winnings, now there are some cases in which something like this is justified like when there is a suspicion that the person behind the account is somehow cheating, using multiple accounts or connecting through a VPN, but when this is not true then I think that it is unnecessary to ask for personal information because the gambler has demonstrated that they are not trying to abuse the casino.

That's why asking KYC is useless since it doesn't actually solve the multiple accounts problem, one can create fake KYC or bought someone KYC. Actually the casino is take advantages to get user KYC, as we don't know what they will use our KYC for. I believe there's fraudulent site which have purpose to get KYC as much as they can, while their project will be abandoned after their purpose are completed.

[uneng]

Without a doubt some casinos are using know your customer policies as an excuse to try to not pay their clients their rightful winnings, now there are some cases in which something like this is justified like when there is a suspicion that the person behind the account is somehow cheating, using multiple accounts or connecting through a VPN, but when this is not true then I think that it is unnecessary to ask for personal information because the gambler has demonstrated that they are not trying to abuse the casino.

That's why asking KYC is useless since it doesn't actually solve the multiple accounts problem, one can create fake KYC or bought someone KYC. Actually the casino is take advantages to get user KYC, as we don't know what they will use our KYC for. I believe there's fraudulent site which have purpose to get KYC as much as they can, while their project will be abandoned after their purpose are completed.

True. There are people who use their parents or relatives' IDs in order to create multiple accounts at online casinos and take advantage at the maximum level of every bonuses, offers and VIP programs disponible there. And actually, casinos can do nothing about it, because how they can have assurance the person behind the screen is really the ID owner, and not someone playing through others' accounts? Moreover, I suppose casinos aren't too worried regards this issue, because they know the house always win after all, and the person playing in 2 or 3 accounts is going to start losing sooner or later...

[mindrust]

Which necessarily improved when the Gambling platforms had more withdrawal options, things Like: PayPal, Debit Card, Online Gambling, Cash app, Gift card etc. Having the freedom of having so many options improved the players willing to deposit money by almost 49%!!

I it not about having options only.

It is about making it fast and without problems. Preferably decentralized.

freebitco.in for example is rarely doing manual inspections and every other withdrawal request is fully automated. If you have a rock solid, hack-free casino you can do this too. Otherwise you'll have to manually check almost every withdrawal request which is going to frustrate the players and then naturally they will leave this casino.

[Mr. Magkaisa]

This post is based on the article published on the source: Source

The source explores how around 49% of the users would deposit more money based on better withdrawal options. Apparently, the survey conducted by US firms explored various areas that stands really important for people.

The key import things in there were :
1. Choice
2. Experience
3. Privacy
4. Preference

They explored a new idea where having a player, having a traffic doesn't necessarily mean that the site got a new player, they generally didn't account it for until and unless they have made a ' Deposit '

Which necessarily improved when the Gambling platforms had more withdrawal options, things Like: PayPal, Debit Card, Online Gambling, Cash app, Gift card etc. Having the freedom of having so many options improved the players willing to deposit money by almost 49%!!

This is certainly something that the Gambling companies do have to look into since this will go long way, thus changes needs to be made, What do you think, how important this option is for you?

Of course, if I'm a gambler, I also want to be sure that there will be no problem in depositing money with my bank card to the online gambling platform. It is difficult for us to have only two options. Maybe anyone who is a cardholder of bank accounts doesn't want that, right? The bank owners are even more strict when it comes to that

[FatFork]

I it not about having options only.

It is about making it fast and without problems. Preferably decentralized.

freebitco.in for example is rarely doing manual inspections and every other withdrawal request is fully automated. If you have a rock solid, hack-free casino you can do this too. Otherwise you'll have to manually check almost every withdrawal request which is going to frustrate the players and then naturally they will leave this casino.

That's right. The speed of withdrawals also matters. Due to the fact that we gamble on crypto gambling sites, we are used to withdrawals being processed in a short period of time, so any delay could be a cause for concern or an unnecessary panic, and that is definitely not a good situation to find yourself in. After all, crypto gambling sites are a business, too, so they do not want customers leaving due to certain concerns. So you want to make the withdrawals fast, right?

By the way, when a casino puts restrictions on withdrawing money from your account, that means you are at their mercy, and therefore no longer in control. You no longer have the option to use your money whenever you want and how you want it. And freedom of choice is a key factor when it comes to something as important as money.

[molsewid]

That's right. The speed of withdrawals also matters. Due to the fact that we gamble on crypto gambling sites, we are used to withdrawals being processed in a short period of time, so any delay could be a cause for concern or an unnecessary panic, and that is definitely not a good situation to find yourself in. After all, crypto gambling sites are a business, too, so they do not want customers leaving due to certain concerns. So you want to make the withdrawals fast, right?

By the way, when a casino puts restrictions on withdrawing money from your account, that means you are at their mercy, and therefore no longer in control. You no longer have the option to use your money whenever you want and how you want it. And freedom of choice is a key factor when it comes to something as important as money.

I agree, every seconds matters to us the speed and fee should be taken care of as well. I am not a regular gambler that's why it is a little painful withdrawing a little bit of money from my winnings with a certain tax on it. Payment option in another crypto coins should be considered as well, we need a wide range of acceptable crypto tokens, some don't want to use btc in playing or eth  so it will be good if we have some other choices. But the thing that I want the most is that small taxes will be deducted to my winnings.

[Fredomago]

True. There are people who use their parents or relatives' IDs in order to create multiple accounts at online casinos and take advantage at the maximum level of every bonuses, offers and VIP programs disponible there. And actually, casinos can do nothing about it, because how they can have assurance the person behind the screen is really the ID owner, and not someone playing through others' accounts? Moreover, I suppose casinos aren't too worried regards this issue, because they know the house always win after all, and the person playing in 2 or 3 accounts is going to start losing sooner or later...

Not unless the person is really good controlling his bankroll and always keep the advantages of all the casino perks, it's possible unless the person win a lot and casino needs to investigate before allowing the withdrawal of the funds, there's a chance that the house will freeze the account once there's a suspicious act with the accounts.

There's always risk even you think you already escaping the policy, once there's a lapse or some strange activities with the account
casino will look on it and monitor the account.

[Lanatsa]

True. There are people who use their parents or relatives' IDs in order to create multiple accounts at online casinos and take advantage at the maximum level of every bonuses, offers and VIP programs disponible there. And actually, casinos can do nothing about it, because how they can have assurance the person behind the screen is really the ID owner, and not someone playing through others' accounts? Moreover, I suppose casinos aren't too worried regards this issue, because they know the house always win after all, and the person playing in 2 or 3 accounts is going to start losing sooner or later...

Not unless the person is really good controlling his bankroll and always keep the advantages of all the casino perks, it's possible unless the person win a lot and casino needs to investigate before allowing the withdrawal of the funds, there's a chance that the house will freeze the account once there's a suspicious act with the accounts.

There's always risk even you think you already escaping the policy, once there's a lapse or some strange activities with the account
casino will look on it and monitor the account.

Advantage will be talking about;

1. Stop midway or when you are profiting
2. Stop when in deep loss
3. Stop when you do find yourself get stressed.
4. Knows about risk management
5. Play for fun

If you are a type of gambler who do always mind or remember the basics about dealing with gambling then you wouldnt really be putting yourself into headaches later on.
Companies will be trying out their best to retain or maintain their players to play thats why promotions and bonuses turns out to be default things to have or should
be seen on any platform or business related to this.

[Vaskiy]

That is what I'm trying to say in almost threads about KYC that I bumped here in this forum, casinos are truly taking advantage of KYC to avoid clients from withdrawing the funds after winning big. I have thought of reasons why they are frequently introducing KYC even if it's clear that we've deposited to their site from time to time, first is that they just want us to bring those winnings to their site again by playing games and second is that they just don't want to withdraw our winnings to spend it on some other things that we wanted, as you said.
I agree, reputable casinos won't do this after having a history of deposits on our account.

Without a doubt some casinos are using know your customer policies as an excuse to try to not pay their clients their rightful winnings, now there are some cases in which something like this is justified like when there is a suspicion that the person behind the account is somehow cheating, using multiple accounts or connecting through a VPN, but when this is not true then I think that it is unnecessary to ask for personal information because the gambler has demonstrated that they are not trying to abuse the casino.

Even after submitting KYC, there are casinos that hold the withdrawal of users just because they've won big. Going through different accusation thread it can be seen. Recently in an accusation, user have perfectly posted every proof but he didn't get the proper response even after 15 days. Earlier even without KYC his withdrawals were processed. Now it was a big win and he have submitted KYC, but the withdrawal is still under process.

[AmoreJaz]

That is what I'm trying to say in almost threads about KYC that I bumped here in this forum, casinos are truly taking advantage of KYC to avoid clients from withdrawing the funds after winning big. I have thought of reasons why they are frequently introducing KYC even if it's clear that we've deposited to their site from time to time, first is that they just want us to bring those winnings to their site again by playing games and second is that they just don't want to withdraw our winnings to spend it on some other things that we wanted, as you said.
I agree, reputable casinos won't do this after having a history of deposits on our account.

Without a doubt some casinos are using know your customer policies as an excuse to try to not pay their clients their rightful winnings, now there are some cases in which something like this is justified like when there is a suspicion that the person behind the account is somehow cheating, using multiple accounts or connecting through a VPN, but when this is not true then I think that it is unnecessary to ask for personal information because the gambler has demonstrated that they are not trying to abuse the casino.

Even after submitting KYC, there are casinos that hold the withdrawal of users just because they've won big. Going through different accusation thread it can be seen. Recently in an accusation, user have perfectly posted every proof but he didn't get the proper response even after 15 days. Earlier even without KYC his withdrawals were processed. Now it was a big win and he have submitted KYC, but the withdrawal is still under process.

this is the reason why if you think you will get the chance of winning big, better focus your games in topnotch casinos or bookies. they won't ruin their reputation as they can also afford to pay the winnings if all things are legit and the player doesn't violate any of their ToS. for some casinos who will turn down big winners with valid proofs, it will give a negative notion to their business, thus, some won't play anymore on their site.