Minimum deposit and minimum withdrawal.

[Queentoshi]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

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[Peanutswar]

I guess because by this it is letting the gambler plays more game because if you make a deposit with one dollar only do you think the gambler makes fun of playing with it? I guess no that's why the minimum most likely is at least 10 dollars to have a better chance of playing more games and enjoying. But some of the casino today now already included in their terms and condition that they don't have a minimum deposit. Last I've seen like this is the blackjack.fun

[Johnyz]

This is why it’s very important to read everything first about the site before you gamble so you can know if you are allowed to gamble with a low minimum deposit and stay within your budget. Some site have a high minimum deposit to encourage those gamblers to play more and this is beyond our control. If your budget is still not enough then save it for now, and when you reach the required amount you can start to gamble now. Some site have a low minimum as well but higher minimum withdrawal, you should know this before playing.

[bisdak40]

Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble?

Might be one strategy for the bookies to attract more gamblers to try their site but for me, regardless of the minimum amount of deposit, if i like the site i would still come and play.
 

Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

There's a solution on this kind of problem, if you don't want to gamble anymore and your money is not enough for the minimum withdrawal then deposit some amount to equal the amount withdrawable for that bookies, i think bookies will allow that.

[Oshosondy]

The minimum deposit is usually low. In crypto casinos, the minimum deposit can differ from coin to coin, there are some altcoins with a very low minimum deposit. But at least, to have fun while gambling, $10 is not much. I have used both crypto and fiat casinos very well and the ones I have used both have low minimum deposit.

Gamblers do not that care about the minimum deposit because it is usually low, even the withdrawal is usually low, but high on some gambling sites, example was a gambling site that accept only fiat that I have used before,  you can be able to even deposit $10 (maybe even less but the least I have deposited on the site before), but require $40 for withdrawal.

[BitcoinPanther]

It is already given, the lower the deposit requirement, the more people are able to play or test their casino platform.  Casino need to adjust in this area so that they can cater more players specifically the minnows.  Same apply with withdrawal, With lower withdrawal minnows who wanted to pocket their winnings will be satisfied because they are able to withdraw in as little amount as possible.

[DoublerHunter]

It is already given, the lower the deposit requirement, the more people are able to play or test their casino platform.  Casino need to adjust in this area so that they can cater more players specifically the minnows.  Same apply with withdrawal, With lower withdrawal minnows who wanted to pocket their winnings will be satisfied because they are able to withdraw in as little amount as possible.

^For now they do a lot of things that made the gamblers satisfied, made gamblers comfortable and I think that is a goal of the casino to stay their user and keep gamble at that casino. Now I think this withdrawal and deposit are the best important to the gamblers so that they will able to stay. The withdrawal and deposit have nothing to do with the gamblers who want to control themselves. The addiction could rely on your attitude on how to stop your eagerness in gambling which is an addiction. So it always matters to us.

[livingfree]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

I don't see it as an issue, this is one of the beauty of gambling in crypto and with the crypto casinos. There's no such discrimination if you're a minimum depositor and just casually plays.

The low minimum amount of deposit really is encouraging everyone to gamble to any casino and that's why it's easy to play with almost each and every of them.

And not just with minimum in fiat but also in cryptos that they're accepting that's why it's an ease for every customer that they might take.

[jackg]

Sites with higher deposit limits I'd consider to have fewer games and probably older games like more focus on table (poker, dice and blackjack) and less on newer games like slots. Lower deposit sites are probably more entertaining or addicting and encourage users to play because of it (like sites with slots and wheels).

I don't think these do as much to increase initial deposit as deposit bonuses do (or other rewards like wager cashback). Withdrawal limits probably act as more of a barrier to both though but it might make players get into a habit of gambling until their funds are gone rather than withdrawing before they are (the same comes from withdrawal delays too).

[Yogee]

...
Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1,

The answer depends on the gambler himself.

Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble?

Not really. Low minimum deposit are usually taken advantage when gamblers want to test a platform first before sending bigger amount.

Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

They're not encouraged but they are forced to play more. I mean what choice does player have if their balance is below the minimum withdrawable amount? They can try to deposit again so they could meet requirement but most casinos will ask for a minimum rollover.

[Hydrogen]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts?

The concept of responsible gambling parallels responsible consumption of alcoholic beverages.

We are more prone to engaging in excess rather than moderation. Its human nature.

Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Minimum deposit/withdrawal isn't something most gamblers will concern themselves with.

Chasing odds is a popular pastime. Losing gamblers will usually engage in comparison shopping to shave every advantage they can on wagers.

Bonuses, incentives and freebies are also popular.

The one area where minimum deposit and withdrawal could really matter is with foreign gamblers. In poor countries where the average wage is $40 a week. Those minimum deposit and withdrawal metrics could make a big difference in the bottom line of aspiring gamblers of those regions.

[Mahanton]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Whatever the amount that they had set out as their minimum deposit or withdrawal then it would really differ on each site and since its their business then they do have the rights on what numbers they would really be
asking out.If you do see that they are having that $10 minimum deposit and then you do have less then its not that hard to hop out on other platform and find out which would suit out your needs or preference
on accepting much lesser deposit.You shouldnt really make yourself that obliged or forcing to increase up the amount just because they arent accepting.If thats only your budget then stick with it.
Dont let these minimum changes would really be pushing you on adding more amounts.There are lots of places which do offer less.

[alegotardo]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

I believe that casinos need to at least be able to cover their expenses, which is why I am in favor of a minimum amount for deposits and withdrawals.
We know that some coins have a higher fee than others for blockchain transfer. but the costs to which I am referring are not only those of the network, but also those of the casino itself to keep the site running.
In any case, I believe it would be interesting to lower deposit fees as much as possible and increase withdrawal fees, or limit them as long as the player does not meet certain wagering requirements. Obviously these terms need to be VERY CLEAR BEFORE THE PLAYER MAKES THE DEPOSIT.

[Baofeng]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

I guess that's the obvious strategy of most online gambling, there is a minimum deposit. And if I'm correct, before you can go on a casino way back, there is this so called show money that you have communicate before you can enter (at least this is what I heard from those OG gamblers).

And maybe this is similar to what this casino's are implementing, you need to have the money, at least bare minimum to play and uses this system. And besides, most casino's charges for withdrawal fee so that $10 will not be enough.

[harizen]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

There's no discouragement here. If a user can't afford to meet the minimum deposit required, then don't gamble at all.

There are lots of people who can afford that minimum deposit amount, why the site should adjust for these users who are strict in budget?

It's not with the gambling site but why these persons who have a strict budget will do gambling? If they are really decided to do it, then it's just common that they need to adjust and cross the line of their budgets to pursue gambling.

[Doell]

Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble?
Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Yes, more or less like that to attract more gamblers from all circle of life, the more active customers its better for the future of platform. Obviously like that if the minimum withdrawal is 0.01 btc then the gambler will play to be able to get them, that's why every gambler must first know the minimum withdrawal. I personally always ask about the minimum withdraw if that's a new Casino, because I can only gambling with money which can afford to lose and want to withdraw when already win.

[ralle14]

Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Most casinos don't have deposit fees and you can set the miner fees to very low if the network isn't that hectic. If they plan to bring in more gamblers then lowering the deposit amount is one way to do it since not everyone would be gambling with a lot of money and the same goes for their minimum withdrawal if it's not low enough then their customers would be forced to play or deposit more. I remember getting caught up with this issue back then as the casino I'm playing at suddenly increased their minimum withdrawal by more than $100 out of nowhere while my current balance was below the minimum. Instead of risking my bankroll and potentially losing it all I just made another deposit so I could move all of my balance out from my account and play at another casino that has lower minimum withdrawal.

[crwth]

I think it is one of the things that factor in with how much you will deposit, but not how much you will gamble in a specific condition. Personally, it’s the fee that I’m worried about. I remember that I had at least $85 or something of an odd number, and I gambled into making it to $100, then thought about the withdrawal fee, then I lost and finally withdrew $50. That’s just how it has affected my gambling.

[Yatsan]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Low minimum deposit and withdrawal may encourage people to gamble or engage into such activity because to most of the things, capital is the problem. If it would be low, it will give them the opportunity to experience or play the games of their interest. I guess, some gambling sites has high minimum deposits to keep the accounts active and to kepp their players. My idea is in line with banks wherein there should be a specific amount in order to withdraw our savings; amount less than that won't do. Another consideration on my perspective is the tax and transaction fees which should be an additional amount to the minimum deposit or withdrawal. These are just guesses so feel free to correct me.

But I haven't encountered gambling sites which are requiring that much for the withdrawal and deposit amounts. Maybe it also depends on the platforms or casinos themselves.

[uneng]

It is up to each casino to adopt the strategy they wish regards deposits and withdrawals values and limits, but I guess a casino can profit much more if they give freedom to gamblers on this matter. If a gambler wants to deposit just a dollar, let him do this. It's much better to have 1000 customers depositing 1$ each than one customer depositing 100$, while all the rest will simply not play because they can't afford to spend more funds or they will find an alternative casino which allow them to play with lower amounts of money.

Now about withdrawals, it's not possible to be so flexible, because we know there are operational and network costs to be paid through fees, so a gambler must be aware it's not possible to deposit a single dollar and withdraw it as soon as he double his bankroll to 2$.

[Darker45]

If one badly wants to gamble and his/her money is not enough, then it is indeed possible that he/she will make a bigger deposit, although it matters, of course, whether he/she can afford the minimum. If he/she cannot, then he/she will be forced to borrow, dip into his/her savings, or at best put off gambling some other time.

If the minimum is so low, then it is very easy to gamble. And it is also very easy to make another deposit once the wallet is drained.

I guess I'm in favor of having a higher minimum at least for deposits.

[Wexnident]

It might be mostly to discourage people who have a low capital in the first place from gambling. Though your average joe would most likely have enough money to gamble tbh, might be for people who have it really really hard, or maybe underaged people. It's also a show of your capability if I were to describe it, that you can indeed gamble. I also wouldn't put past it that they just put it there so that they can calculate the minimum amount of profit if x number of people deposited on their casino. 

Minimum withdrawal limits might be more for encouraging players to spend the leftover money instead of being able to withdraw it. Kind of like a state of softlock in games, you can still play but you can't do anything about it since it's below withdrawal limits.

[ChiBitCTy]

Online gambling houses/casinos/betting houses etc etc (whatever you want to call them) aren't going to profit at all from a $10 bet when it comes to their own risk versus reward.  I get trying to stick to a budget, but if $10 is all that you can spare for gambling (and I'm not saying this is necessarily the case for you, just in general) then perhaps you really shouldn't be gambling at all. 

That's just my two on it.  Businesses have to make money, and if they can't, they can't do business..simple as that. 

[Solosanz]

Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts?

There's no such high minimum deposit fees, the casino didn't charge any fees when you send your coin from your wallet to the casino, if there's a fees charged, it's a mining fees you paid to the miner, not for the casino. What you're trying to say is, high minimum deposit requirement.

Anyway it depends on each person psychological, but most of the case to encourage people to keep gambling is put a very minimum deposit requirement and put a high minimum withdrawal.

[Strongkored]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

I don't think so, why do casinos have lower minimum deposit than withdrawals because they don't require fees to handle deposits and very different from withdrawals.

However, if there is a casino that has a minimum deposit of $1 and the player only deposits such an amount to play (without taking into account luck) there is not much that the player can do and my advice is not to gamble if that is the only budget he has and the value of the player's deposit to the casino is also an illustration of how much the player's ability to bear the loss, such a value is not profitable for the casino, especially players must also take into account the tx fee when sending coins, if just want to fulfill the curiosity to play gambling, can use demo mode

[Rigon]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

There are many gambling sites where you can gamble with a very limited amount of money. However, the platform on which you have to gamble by depositing more than 10 dollars is not applicable for everyone. There I am including you who are small scale gamblers who do not get such platform acceptance. It is best for us to consider those sites that have very limited deposit gambling sites. Here the whole conclusion which the man has led him to conclude is wrong. The first thing to consider is the minimum dollar amount you can deposit. It is not right to give and take any decision without first knowing about the platform.

[Don Pedro Dinero]

Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts?

As you have already been answered, the deposit fees you are talking about do not exist. I am one of those who usually make small deposits, between 10 or 20 USD a week at most. Therefore, the following is an unfounded assumption.

Regarding the other point you make:

Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Well, of course, after all, when you gamble, apart from being entertained, what you would like to do is to win money and if you win, to be able to withdraw it and spend it. If you have small winnings but what you have in the casino doesn't reach the minimum withdrawal amount, you're going to have to keep gambling.

[AicecreaME]

It is up to each casino to adopt the strategy they wish regards deposits and withdrawals values and limits, but I guess a casino can profit much more if they give freedom to gamblers on this matter. If a gambler wants to deposit just a dollar, let him do this. It's much better to have 1000 customers depositing 1$ each than one customer depositing 100$, while all the rest will simply not play because they can't afford to spend more funds or they will find an alternative casino which allow them to play with lower amounts of money.

Now about withdrawals, it's not possible to be so flexible, because we know there are operational and network costs to be paid through fees, so a gambler must be aware it's not possible to deposit a single dollar and withdraw it as soon as he double his bankroll to 2$.

Totally agree with everything written on this.

Personally, I also like a platform if there's no specific amount you'll have to deposit to be able to play. And if ever there would be any, it always helps to accept a low deposit amount from the players. Because this just showcase inclusivity. You can cater a small time bettor and big bettor both at the same time which will eventually lead you to profit more since you gave the players the fluidity on how much they can deposit. If a player is a newbie, it will be too much to deposit a $100 for just testing the waters. Hence, giving this option of deposit will really encourage more players to play and try your site.

On the other hand, indeed, it will be not applicable on the withdrawal process because if this will be going to applied, there's a chance that the casino won't profit anymore. Setting a minimum amount for withdrawal is justifiable for me. The processing fee the moment you withdraw should be considered. Just like you said, a player shouldn't deposit the minimum amount then easily withdraw the moment he deemed necessary because he already won. There must be a specific withdrawable amount so the casino should profit from them in playing and bettiing. After all, gambling casinos are still a business, not a charity institution where you can just grow your fund giving them nothing in return.

[BobK71]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Whenever a gambler has to select a gambling site, some things have to be taken carefully. One of them is to know about the money deposit ‍ৃand withdraw condition on the platform. There are many casinos and gambling platforms where they have fixed a minimum deposit and withdraw amount. Currently in the gambling platforms there are lot of competitions, gambling company offers various benefits. Just keep in mind if a casino or gambling company continues a large minimum deposit and withdraw restriction, some gamblers will be discouraged.

[Bitinity]

Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

At first it is a bit confusing when you write "deposit fees" while it should not be related to fee but it is all about minimum deposit. Back to main topic, minimum deposit does affect the interest from players. Low minimum deposit and low minimum withdrawal has better chance to attract players as players do not need to have big amount of money to gamble. Coming up to minimum withdrawal, players should aware about it before they start or decide to deposit. If they think that the minimum withdrawal is too big for them, better to find other alternative casinos with lower minimum withdrawal. Of course when you did not notice about it, there is nothing you can do except keep playing until you meet the minimum withdrawal.

[ethereumhunter]

If a person finds that his minimum deposit is over budget for gambling, he should look for other casino sites with the lowest minimum deposit so that it does not exceed his budget. The minimum deposit fee is usually a problem for gamblers. Fortunately, many casinos have lots of coins that can be used as a minimum deposit so it will not be difficult for gamblers to choose the coins. Many casinos may apply a minimum deposit of $1 or even $10 and it will be up to the gambler to stick with that casino or look for another casino. As for the minimum withdrawal, I think it depends on how much winning money each gambler can get because their win rates will also vary.

[_act_]

At first it is a bit confusing when you write "deposit fees" while it should not be related to fee but it is all about minimum deposit. Back to main topic, minimum deposit does affect the interest from players. Low minimum deposit and low minimum withdrawal has better chance to attract players as players do not need to have big amount of money to gamble. Coming up to minimum withdrawal, players should aware about it before they start or decide to deposit. If they think that the minimum withdrawal is too big for them, better to find other alternative casinos with lower minimum withdrawal. Of course when you did not notice about it, there is nothing you can do except keep playing until you meet the minimum withdrawal.

There are some casinos that are not supporting crypto deposit and withdrawal and foreign, these are the type of casinos that do have high minimum withdraw. I have used many local casinos and foreign crypto casinos that support coins like USDT on Tron blockchain, they all have low minimum withdrawal. You are not wrong, it is good to carefully read the terms and conditions of a gambling site before making use of the gambling site at all, from there the minimum deposit and withdrawal is going to be included.

[Daltonik]

Of course, the lower the deposit requirements, the more accessible the gambling platform is for more ordinary players. For those who want to play with a larger entry amount, this is also not a problem, the main thing here is not the deposit amount, but the fee for the transactions themselves, and this can really be a reason to abandon the game.

[Myleschetty]

Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts?

Yes, the high depositing fee will always discourage gamblers who are whales. I believe the idea of every ordinary gambler is to put their buzz in control and to achieve they must not spend beyond their budget.

If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble?

I believe the casino team/owner understands that starting the game is easy and hard to live when enjoying the game.

Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

It depend but one I am sure of is that every online gambler like easy access to their fund no matter how small it may be.

[swogerino]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Usually 10 dollars is enough for most of the reputable casinos at least in the crypto world,where the minimum deposit usually is 0.0005 Bitcoin or equivalent to 10 dollars,if that person then plays with another coin like Litecoin for example he can even start playing for even less,usually the big reputable casinos do not restrict you when depositing or withdrawing although some of them may have a higher minimum withdrawal amount like 0.001-0.002 Bitcoin and this can be a hindrance to people playing with little money.Most of the cases however when you play with Litecoin or other altcoins you will not suffer of such things in 99.99% of the reputable casinos.

[bakasabo]

I am against minimum deposit and withdrawal. All people are different. Everyone have different earnings, everyone can afford different amount to bet or to lose. So why limit a person from doing what he wants. Minimum deposit amount is what I cant understand. With that amount, the casino wants to show that they are on a higher level than some specific person's class ? This is a sign of no respect imo. it it close to not letting a person in cheap clothes in expensive boutique. Today he is dressed like that, tomorrow he will be wearing most expensive brands and passes by that shop. Make no deposit limits, but make tables with different limits, if you want to divide poor, average and rich gamblers.

[Fortify]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

This is a trap that used to be more prominent and you can still find it in another sector - exchanges, but it has generally been squeezed out of gambling sites. They are fully aware that such fees and conditions put off people, so will make every effort to minimize them. There is so much competition in the market that gamblers would simply move along to the next one or get burned never to return again - it's really bad for business in that sense.

[masulum]

This is a trap that used to be more prominent and you can still find it in another sector - exchanges, but it has generally been squeezed out of gambling sites. They are fully aware that such fees and conditions put off people, so will make every effort to minimize them. There is so much competition in the market that gamblers would simply move along to the next one or get burned never to return again - it's really bad for business in that sense.

Actually, the problem of high or low minimum deposits on gambling is not a trap. This is a service that same as other service. Regarding people who are stuck with deposits that are higher than the minimum or even because they are eager to win when they lose and making them doing more deposit, it is not because of the deposit feature but because of a lack of control from themselves. When someone has good money management and good control, he will have his own limitations when making a deposit. so, as not to exceed the budget he has, he can do a deposit as he wants no matter the deposit feature from the gambling site.

[YOSHIE]

Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts?

In fact, online casinos in deposit or withdrawal features are definitely different, it's points, be it minimum or maximum, one side of the deposit and withdrawal has an effect on users in making bets, regardless of the user's main goal.

In some ways, many people want to register on online gambling sites the main goal is just to win, such people don't care about their deposits or withdrawals, the goal is only to gamble and bet until they win, there are also other things and thoughts, everyone's minimum and maximum are taken into account, it's people gambling just for fun to win and kalan is not the main thing for them.

Conclusion: minimum and maximum deposits and withdrawals, it all greatly affects the gambler himself, I mean the main goal, the main goal of wanting to gamble is a motivating factor for those who want to register and gamble.

[madnessteat]

I am against minimum deposit and withdrawal. All people are different. Everyone have different earnings, everyone can afford different amount to bet or to lose. So why limit a person from doing what he wants. Minimum deposit amount is what I cant understand. With that amount, the casino wants to show that they are on a higher level than some specific person's class ? This is a sign of no respect imo. it it close to not letting a person in cheap clothes in expensive boutique. Today he is dressed like that, tomorrow he will be wearing most expensive brands and passes by that shop. Make no deposit limits, but make tables with different limits, if you want to divide poor, average and rich gamblers.

I agree with you, but many casino owners use this marketing ploy to increase casino profits so that users lose more money, because we all know how hard it is to stop sometimes. That is why I do not keep money on my casino balance and make a deposit only before the gaming session. After all, even if I want to deposit more money I may have time to change my mind to play, and when they are already on the deposit it is much easier to continue the game.

[piebeyb]

actually people are more interested in deposit bonuses and promos than looking at the minimum deposit amount, anyways if you make a deposit of $ 1 I think it's too little to play and have fun on a gambling site, at least $ 5 to $ 20 is too small in my opinion to deposit and play at gambling sites, especially if there are many games that can be played together it might be better to make a deposit of more than $ 1 because it can also make us get satisfaction in playing as well as getting a deposit promo bonus

[Cling18]

Someone with a strict budget of gambling with $10, decides to start online gambling after being told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgeted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could a low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

A lower minimum deposit and withdrawal amount will be an advantage to small-time gamblers who seek fun and entertainment. It matters to them and that's the reason why there are already lots of casino sites that offer lower deposit amounts so those who are budgeted beginning funds could enjoy and try out their site easily. It will also be a good strategy to attract and keep more players on their site.

[madnessteat]

actually people are more interested in deposit bonuses and promos than looking at the minimum deposit amount, anyways if you make a deposit of $ 1 I think it's too little to play and have fun on a gambling site, at least $ 5 to $ 20 is too small in my opinion to deposit and play at gambling sites, especially if there are many games that can be played together it might be better to make a deposit of more than $ 1 because it can also make us get satisfaction in playing as well as getting a deposit promo bonus

In some countries, the average daily wage is not more than $1. And in order not to infringe the rights of these people casinos could accept a deposit of $1-5. Many casinos don't do this because of marketing purposes, but personally my opinion is that lowering the minimum possible deposit and bet will attract more new users.

Although I am actually against gambling for people with so little income.

[piebeyb]

actually people are more interested in deposit bonuses and promos than looking at the minimum deposit amount, anyways if you make a deposit of $ 1 I think it's too little to play and have fun on a gambling site, at least $ 5 to $ 20 is too small in my opinion to deposit and play at gambling sites, especially if there are many games that can be played together it might be better to make a deposit of more than $ 1 because it can also make us get satisfaction in playing as well as getting a deposit promo bonus

In some countries, the average daily wage is not more than $1. And in order not to infringe the rights of these people casinos could accept a deposit of $1-5. Many casinos don't do this because of marketing purposes, but personally my opinion is that lowering the minimum possible deposit and bet will attract more new users.

Although I am actually against gambling for people with so little income.

that's why i say to find fun in casino gambling $1 will not be enough let alone to make a fortune from that small capital even though the minimum deposit of each casino is also low, people who have low incomes I don't think will want to spend their money in casinos because they realize it's better to buy necessities of life than playing in casinos, I think people who want to play with low deposits because they just want to find fun too and luck of course they have income that is also not low

[panjul07]

actually people are more interested in deposit bonuses and promos than looking at the minimum deposit amount, anyways if you make a deposit of $ 1 I think it's too little to play and have fun on a gambling site, at least $ 5 to $ 20 is too small in my opinion to deposit and play at gambling sites, especially if there are many games that can be played together it might be better to make a deposit of more than $ 1 because it can also make us get satisfaction in playing as well as getting a deposit promo bonus

In some countries, the average daily wage is not more than $1. And in order not to infringe the rights of these people casinos could accept a deposit of $1-5. Many casinos don't do this because of marketing purposes, but personally my opinion is that lowering the minimum possible deposit and bet will attract more new users.

Although I am actually against gambling for people with so little income.

that's why i say to find fun in casino gambling $1 will not be enough let alone to make a fortune from that small capital even though the minimum deposit of each casino is also low, people who have low incomes I don't think will want to spend their money in casinos because they realize it's better to buy necessities of life than playing in casinos, I think people who want to play with low deposits because they just want to find fun too and luck of course they have income that is also not low

That's for people who have wise mindset, but in fact there are many poor people want to be rich as fast as possible by doing gambling.
Talk about finding fun in casino, it is not about how much you are going to spend but it is more about how will you spend your money.
Even if you can spend hundred-thousands dollar, you may not find the fun if you cant manage yourself.
One more thing, I dont agree with you that people are more interested in deposit bonuses, smart people wont be interested with it.

[Reid]

The thing about lowering the minimum withdrawal is it's the gambler who will be hurting himself. Imagine going out with $10 and having a transaction fee of $2. That's 20 percent loss which could've been played more and maybe winning more.
The minimum deposit though is a different scenario. I agree by lowering those amounts because there's really no fees behind it, or if there's some it's from cryptocurrencies only because of the blockchain fees. It will definitely encourage more players because it's giving them a chance to hit the jackpot if they are playing high risk type of games.

[piebeyb]

actually people are more interested in deposit bonuses and promos than looking at the minimum deposit amount, anyways if you make a deposit of $ 1 I think it's too little to play and have fun on a gambling site, at least $ 5 to $ 20 is too small in my opinion to deposit and play at gambling sites, especially if there are many games that can be played together it might be better to make a deposit of more than $ 1 because it can also make us get satisfaction in playing as well as getting a deposit promo bonus

In some countries, the average daily wage is not more than $1. And in order not to infringe the rights of these people casinos could accept a deposit of $1-5. Many casinos don't do this because of marketing purposes, but personally my opinion is that lowering the minimum possible deposit and bet will attract more new users.

Although I am actually against gambling for people with so little income.

that's why i say to find fun in casino gambling $1 will not be enough let alone to make a fortune from that small capital even though the minimum deposit of each casino is also low, people who have low incomes I don't think will want to spend their money in casinos because they realize it's better to buy necessities of life than playing in casinos, I think people who want to play with low deposits because they just want to find fun too and luck of course they have income that is also not low

That's for people who have wise mindset, but in fact there are many poor people want to be rich as fast as possible by doing gambling.
Talk about finding fun in casino, it is not about how much you are going to spend but it is more about how will you spend your money.
Even if you can spend hundred-thousands dollar, you may not find the fun if you cant manage yourself.
One more thing, I dont agree with you that people are more interested in deposit bonuses, smart people wont be interested with it.

it would be wiser if people wanted to get rich quick become a bookie it would make money every time instead of being a gambler, even though there are gamblers who are rich there are only a few people and that's not much we see in this forum, sometimes I always manage some money to play never play with big stakes, I say looking for fun doesn't mean we just throw money away, use free time and play wisely with small bets experimenting with playing techniques in the game we want

The bonus issue is usually just a sweetener for additional bets in playing, but not everyone also sees that as a gambling goal 

[AmoreJaz]

The thing about lowering the minimum withdrawal is it's the gambler who will be hurting himself. Imagine going out with $10 and having a transaction fee of $2. That's 20 percent loss which could've been played more and maybe winning more.
The minimum deposit though is a different scenario. I agree by lowering those amounts because there's really no fees behind it, or if there's some it's from cryptocurrencies only because of the blockchain fees. It will definitely encourage more players because it's giving them a chance to hit the jackpot if they are playing high risk type of games.

but the withdrawal is up to the player himself, if he wants to withdraw his money bearing those tx fees. at least he has the chance to get out his money if he needs to. in terms of min deposit, small time players are getting the benefits of it especially if they want to try some games on the site. or they want to try a new casino without bothering that they can't get their money back, hence, using small funds.

[ginsan]

it depends on every rule imposed by each gambling site. but basically if the gambler is active in slot games of course $10 is not enough for them to bet. slot gambling may require more capital because let's say to buy FS with a small bet it takes $20 and I think they will deposit more $50 to play slot gambling. but yes the minimum rule is not a big benchmark for every active gambler to encourage them to gamble with smaller bets and it is likely that novice gamblers pay attention to every level of withdrawal and deposit. As far as I know this is not a big problem for gambling sites because these rules are always changing if the site enforces new rules for deposits and withdrawals.

[TheUltraElite]

I think the high minimum is not that high as per the demographic of people whom the casino is usually accessible to. So if a person wants to gamble they would likely up their ante from 10$ to 100$ easily, because they are in it for the "fun" and "entertainment" aspect of it. One would think, would someone do so much as to sign up on a casino and then stop at the signboard of 100$ minimum deposit? They would not.

I think this does not discourage players, rather instills in them a sense that this casino is only for the grown ups or the rich people. so that the person reading it thinks that they are also rich and they can also afford to play in the casino.

Of course those who understand how a casino makes money, would never be swayed by such emotions.

[btc_angela]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

1. Probably this is another reason why we need to read ToS first before depositing.
2. For some though, $10-$50 is not that big an amount to start to gamble and get a feel on crypto base casinos
3. For me, It would not be a disadvantage, once you deposited, you can play as low as $.1 or less in any games you want
4. Regardless of what is the reason why they gamble, I don't think any of this will be an issues (deposit/withdrawal)

I guess if you are really on a strict budget or something, I don't think that gambling will be your priority. You can used that money to other things like buying food to bring it to the table for your family, just saying.

[milewilda]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

1. Probably this is another reason why we need to read ToS first before depositing.
2. For some though, $10-$50 is not that big an amount to start to gamble and get a feel on crypto base casinos
3. For me, It would not be a disadvantage, once you deposited, you can play as low as $.1 or less in any games you want
4. Regardless of what is the reason why they gamble, I don't think any of this will be an issues (deposit/withdrawal)

I guess if you are really on a strict budget or something, I don't think that gambling will be your priority. You can used that money to other things like buying food to bring it to the table for your family, just saying.

Even if you do say that $10-50 isnt a big amount but there are people who do live on certain countries which these amounts are already big and thats why they would be normally be having these kind of
reactions or complaints in regarding about minimum deposit for you to be able to play.Its true that once you do make out deposit then games offered does have usually that smallest bet size amount
which you would only face up problems when you do intend to make a deposit but since not all could afford that then its safe to say that gambling isnt really just for you to deal off with but
i do agree on some been saying that we do have lots of options and choices we could have on this market which it would be just fine on looking for another place.

[Issa56]

I think gambling sites with little minimum deposit always encourage people to gamble, sometimes you might be having just little amount and you will want to gamble, if the minimum deposit amount is too high then you will be discouraged because you won't be able to gamble, but if the minimum deposit is kind of low you will definitely be able to deposit and play your game, so people will always prefer to use gambling sites with little minimum deposit compare to the once that set their minimum deposit to be high, because even with the little amount you are having you will be able to gamble. For example if you are having $15 with you and you feel like gambling and the minimum amount you can deposit is $20, you will definitely be disappointed, but let's assume their is a gambling site that the minimum deposit is $1 and your budget is just $2, with the low minimum deposit you will be able to gamble, and whenever you are having huge amounts to gamble with, you will prefer to use the one with low minimum deposit because you are use to it.

[blockman]

Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Yes, the same with the minimum deposit.
If from the start, I've seen the deposit and withdrawal to be that high. It will only be a one-time take for me and I'll never go back to that casino if they've got high in those two things.
Most of us want to have those withdrawals to be quick and easy, without any problem, and always have to be smooth. Take it from the usual gamblers, we all want those features to be approving for all of us.

[Blawpaw]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Having low minimum deposit entries and low minimum withdrawal amounts could be a good strategy for players to keep coming back to the casino IMO. Casinos rely on players that do not know when to stop gambling and end up losing to have a profit, so minimum deposit entries would encourage losing players to keep coming back. On the other hand, casinos can also have minimum withdrawal amounts and still charge a fee for withdrawal. This way, they can also find a way to discourage withdrawals while also taking some profit out of it.

[Mr. Magkaisa]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

 - As far as I know, in most crypto gambling their minimum deposit is 10$ and above. And this amount of 10$ is indeed a strong incentive for gamblers to enter their gambling platform.

But when it comes to the minimum withdrawal, the minimum amount that can be withdrawn is 15$ and when the player withdraws a large amount, they ask him for requirements to submit KYC before they allow him to withdraw a large amount.

[ralle14]

But when it comes to the minimum withdrawal, the minimum amount that can be withdrawn is 15$ and when the player withdraws a large amount, they ask him for requirements to submit KYC before they allow him to withdraw a large amount.

I feel like KYC would be one of the last things that small gamblers would worry about because it's so rare for most gamblers to win so much from a small bankroll that it gets to the point of needing to submit your personal info. Then again, those kinds of rules are becoming so common in most crypto casinos that you have no choice but to comply only if you manage to go above their threshold which is around the thousands based from one of the casinos i've been playing at.

[ethereumhunter]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

 - As far as I know, in most crypto gambling their minimum deposit is 10$ and above. And this amount of 10$ is indeed a strong incentive for gamblers to enter their gambling platform.

But when it comes to the minimum withdrawal, the minimum amount that can be withdrawn is 15$ and when the player withdraws a large amount, they ask him for requirements to submit KYC before they allow him to withdraw a large amount.

Even some casinos have a minimum deposit of under $10 so they don't worry if their budget exceeds the limit. But I guess maybe gamblers can also accept a minimum deposit of $10 and that's okay with them.

And if a casino can use minimum withdrawal, perhaps it could encourage gamblers to try to reach the minimum withdrawal limit so they can withdraw their winnings. That means the casino can take their profits because many people will lose their money behind the winners.

[molsewid]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Ahmmm, let's put it this way. If the minimum amount to be deposit is $1 is it worth it? consider the transfer fee from your wallet to the gambling site, also be realistic can you really make your $1 to hundred to hundreds to thousands? what if you lose then you will need to deposit again and another tx fee for that, so I think they require higher amount to be deposit so that people can enjoy playing for numerous time rather than having a $1 and stop playing.

[pawanjain]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

A low minimum deposit is an advantage for gambling sites because this enables the user to give the site a try with low amounts.
For example if I find about about a particular gambling site and the deposit amount is low then I can surely think of trying it out since the deposit amount is low.
On the other hand if the minimum deposit is high then I might consider ignoring to try the website.
Thus a minimum deposit acts as a catalyst to increasing the number of site users.

[rhomelmabini]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

It's not the deposit fees that discourages the gambler, it's about casinos that doesn't pay much attention to be more scalable or on the gambler as well that doesn't research on where to gamble and has lack of education or technicalities to find an alternative. There are plenty of options so that you won't have to pay these hectic fees if you choose to deposit altcoins instead of BTC and ETH alone. If you want to gamble and know the minimum withdrawal required then why gamble that you'll lose it to the minimum withdrawal? It's more of a discouragement I guess.

[Poker Player]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts?

It's just that the example you give doesn't apply to cryptocurrency casinos, which usually have lower deposit limits than that. In fiat casinos I'm not sure, I would say that in Pokerstars and other Poker rooms, the minimum deposit is $10. And what you say about the fees doesn't make sense, as I see you have been told.

actually people are more interested in deposit bonuses and promos than looking at the minimum deposit amount, anyways if you make a deposit of $ 1 I think it's too little to play and have fun on a gambling site, at least $ 5 to $ 20 is too small in my opinion to deposit and play at gambling sites,

I agree. Who wants to deposit $1 or less in a gambling site? Even if the minimum bet is one satoshi. When you win you won't win anything.

[Jemzx00]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts?

Most of the time, the reason why gambling sites has a minimum deposit is mostly because of the transaction fees especially on bitcoin. This is also the same with withdrawal limit. I don't really think that this will affect any gamblers as most of them are gambling higher than those limits set by the casino.

actually people are more interested in deposit bonuses and promos than looking at the minimum deposit amount, anyways if you make a deposit of $ 1 I think it's too little to play and have fun on a gambling site, at least $ 5 to $ 20 is too small in my opinion to deposit and play at gambling sites,

I agree. Who wants to deposit $1 or less in a gambling site? Even if the minimum bet is one satoshi. When you win you won't win anything.

I don't really think that a 1$ is wrong in essence. I seldomly try to gamble with just that amount when I've already lost all my allocated gambling funds and yet I was able to enjoy my gambling session with that amount. There are some gambling platforms that offers other crypto which is why the amount isn't that much affected by the amount I've deposited, and I mostly use it to gamble on dice games and sometimes I was able to make it up to 10-100$.

[eightdots]

If the purpose of the gambling site is to attract more customers, the gambling site can set the lowest amount it wants. But if the target is just a target above a certain amount then it can increase the lowest amount. From what I've seen, many aim to attract more people to their sites. It's better for 2000 people to deposit $2 than 200 people to deposit $20. It would be an excellent business if even half of those 2,000 people decided to reinvest. Withdrawing money is another matter. Because there must be a certain deduction for the amount he wants to withdraw. Since there is an interruption, a lower limit must be set.

[chaser15]

Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1,

That's not the reason why the minimum deposit is low. It doesn't just make sense to set up a high minimum deposit. Besides, it's not recommended to make a low deposit, for example, $10 as we might end up paying more fees compared to the deposit amount. Aside from that, if the budget is only $10, better not to try gambling.

The best way to gamble on that amount is, try to find a local online gambling site.

[$crypto$]

actually people are more interested in deposit bonuses and promos than looking at the minimum deposit amount, anyways if you make a deposit of $ 1 I think it's too little to play and have fun on a gambling site, at least $ 5 to $ 20 is too small in my opinion to deposit and play at gambling sites, especially if there are many games that can be played together it might be better to make a deposit of more than $ 1 because it can also make us get satisfaction in playing as well as getting a deposit promo bonus

$1 for a minimum will not feel like playing while we are in the fun of wanting to play more so how can $1 or $5 be enough to play let alone expect a profit then I don't think it's possible, still in casino games if you want to feel like playing is a $20 deposit though there are many who do it below, but I agree with you because I prefer the promos and cashback that the casino gives over the minimum deposit or withdrawal.

Usually, a new user will try to deposit the minimum possible but once he feels comfortable it is not possible to deposit back with the minimum definitely a little more than that.

[o48o]

-cut-
Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Most of them accept low deposit amounts and have low withdrawal fees because they want to get users coming back by offering something that's not too complicated. Treating their customers right they get reputation that's hard to come by without enough customers, it doesn't matter how much these customers spend if they talk about the casino later in a positive way.

Big whales only gamble in casinos with a good reputation, so reputation and the fact people talk about it is really priceless for them.

And obviously they encourage to people deposit more with high deposit bonuses. And that seems to be working at least in my case.

[Beparanf]

Minimum deposit and withdrawal depend on the currency you are using. Actually minimum deposit is already removed on most of the casino and only withdrawal they are considering due tothe transaction fee. You can already play whenever you like using 10$ or less if you are using a currency that onky charge minimal fee like XRP, Doge or TRX. Casino allows small deposit and withdrawal nowadays to increase there activity since the competition is very tough now unlike before that there is high minimum due to the availability of crypto that time.

[agustina2]

Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

As long as the minimum withdrawal is within our reach, shouldn't be a problem.

Actually, there's no correlation between the minimum withdrawal on the encouragement of players to keep on gambling. As far as most gamblers are concerned, they will just gamble no matter what regardless of the minimum deposit and withdrawal.

Do you encounter already a gambling site where minimum withdrawal is somehow not user-friendly? What gambling is/are these?

[Fivestar4everMVP]

Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts?

I would say yes, since i try to put myself in the situation, high minimum deposit will likely discourage alot of small gamblers from depositing and gambling on that particular casino, and since there are lots of casinos around, it will be easy finding another with low minimum deposit.

[/i]If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble?

Yes of course, keeping the minimum deposit low will encourage a lot of people to gamble regardless of how much money they have, i personally started gambling with $1, this was the first amount of money i deposited on my account in an online casino and gambled it away, if the minimum deposit was higher than this, maybe i will not be a gambler today as that was the amount i was ready to loose then, the low deposit encouraged to gamble since it was small.

Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

I think this depends, for someone like me, if i gamble and keep loosing, at a point when i no longer feel interested in the game and wish to withdraw whatever amount left, if the amount does not meet the minimum withdrawal requirement, then i will have to deposit more funds to add up to what i already have in the account so that it can meet the mininum withdrawal amount, then i can withdraw my fund.

[jakelyson]

I do not think that a minimum deposit will not halter a gambler from using a website as long as it is secure and he enjoys playing at that casino. But first-time users will try to deposit a minimum amount just to test the new casino. I do not think new users will risk a high amount to new casinos.

actually people are more interested in deposit bonuses and promos than looking at the minimum deposit amount, anyways if you make a deposit of $ 1 I think it's too little to play and have fun on a gambling site, at least $ 5 to $ 20 is too small in my opinion to deposit and play at gambling sites,

I agree. Who wants to deposit $1 or less in a gambling site? Even if the minimum bet is one satoshi. When you win you won't win anything.

If you want to test the site out or test if a deposit will push through, the minimum deposit or the lack of it will matter. Other than that, it is better to deposit a bigger amount to avail of the promos or bonuses.

[Fivestar4everMVP]

I do not think that a minimum deposit will not halter a gambler from using a website as long as it is secure and he enjoys playing at that casino. But first-time users will try to deposit a minimum amount just to test the new casino. I do not think new users will risk a high amount to new casinos.

Did you even consider those that are just starting out in gambling? or those that might have never won any significant amount of money so they gamble with minimal amount only?

Now, just imagine a newbie gambler want to try his luck by placing a bet of $1 on stake, but upon signing up on stake and opening the deposit portal and discovers minimum deposit on stake is $1000, and this gambler dont even have a $100 worth portfolio, and when he checked out another casino, he discovered the minimum deposit on that other casino is same as it is on stake, and he checked another, and another, and even another, as many as he can come across and they are all the same, what do you think such a gambler would do, he would easily give up, thats a customer lost due to high minimum deposit.

[Hispo]

The minimum deposit and withdrawal amounts are important, specially if the casino is aiming to players and gamblers from developing countries.
I come from a country which could be considered to be one of them, we have gone through a very serious economical crisis, the interesting fact about our economical situation is that people never stopped gambling, actually there was a time gambling proliferated around the country, there were little gambling and lottery establishments in every corner. 

People were struggling, so an important factor of those gambling places was the very low minimum wager, people could gamble with amounts as low as 1$, this allowed more people to take their first steps into gambling and let those in bad economical circunstancies to gamble, even if they could not win big, at least it helped them to distract themselves from the chaos around.

[TimeTeller]

The minimum deposit and withdrawal amounts are important, specially if the casino is aiming to players and gamblers from developing countries.
I come from a country which could be considered to be one of them, we have gone through a very serious economical crisis, the interesting fact about our economical situation is that people never stopped gambling, actually there was a time gambling proliferated around the country, there were little gambling and lottery establishments in every corner. 

People were struggling, so an important factor of those gambling places was the very low minimum wager, people could gamble with amounts as low as 1$, this allowed more people to take their first steps into gambling and let those in bad economical circunstancies to gamble, even if they could not win big, at least it helped them to distract themselves from the chaos around.

It is a fact that whatever the situation is, there will always be gamblers.
As we have seen, during the pandemic, that's when online casinos boosted their presence.
Because people were stuck at homes and some are looking for activities to do.
In this case, we can see that despite of the crisis that humanity is facing with, there will always be gamblers who will play.
And so, the minimum amount in deposit or withdrawal is important for these people, just to get by with their gambling desires.

[serjent05]

I do not think that a minimum deposit will not halter a gambler from using a website as long as it is secure and he enjoys playing at that casino. But first-time users will try to deposit a minimum amount just to test the new casino. I do not think new users will risk a high amount to new casinos.

Did you even consider those that are just starting out in gambling? or those that might have never won any significant amount of money so they gamble with minimal amount only?

Now, just imagine a newbie gambler want to try his luck by placing a bet of $1 on stake, but upon signing up on stake and opening the deposit portal and discovers minimum deposit on stake is $1000, and this gambler dont even have a $100 worth portfolio, and when he checked out another casino, he discovered the minimum deposit on that other casino is same as it is on stake, and he checked another, and another, and even another, as many as he can come across and they are all the same, what do you think such a gambler would do, he would easily give up, thats a customer lost due to high minimum deposit.

Definitely, minimum deposits have an impact on players, both new and old.  Not all people have the capacity to own a huge amount of money to make a $1000 minimum deposit is like nothing.  Most players are minnows but love to gamble because it is one way of trying their luck to win huge amounts of money.  So definitely the minimum deposit should accommodate these kinds of players.  As they say, it is better to have 1000 minnows than having just 1 whale because the business will be dead if this whale shifts to other casinos.

[Findingnemo]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

It is something like that what we call minimum betting amount, to some point the minimum deposit and withdrawal encourages the economy class gamblers and gambling sites wanted to attract people from every class so they keep it low as much as possible and also for security reasons like avoid dust attacks and misuse of the gambling wallet by the users.

[goinmerry]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

In that case, your friend has no choice but to meet the required minimum deposit. That's not discouragement but rather the site is even saving your friend to save fees especially if we are talking about crypto-gambling sites here. Besides, tell frankly your friend that $10 is not enough to pursue gambling even just for fun.

About minimum withdrawal, as long as it's not crazy to reach then it's fine. For that, it's a good habit to read the terms about deposit and withdrawal and try to check what are the minimum in order not to be surprised. If not mentioned on terms, contact the support.

[Fatunad]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

In that case, your friend has no choice but to meet the required minimum deposit. That's not discouragement but rather the site is even saving your friend to save fees especially if we are talking about crypto-gambling sites here. Besides, tell frankly your friend that $10 is not enough to pursue gambling even just for fun.

About minimum withdrawal, as long as it's not crazy to reach then it's fine. For that, it's a good habit to read the terms about deposit and withdrawal and try to check what are the minimum in order not to be surprised. If not mentioned on terms, contact the support.

You should really not make yourself that obliged on playing on a site which does have higher minimum deposit considering that we do have lots of options that we do have in the market.
They might differ on small scale but there are platforms which do really ask lesser compared to others.Its a matter of research and looking for that one as we do have lots of options.
If you do really want to play badly on a site because it do looks good and its bonus are good then you wouldn't really be having no option but to deal off with their
minimum amount before you could play.Its a matter of decision whether you would push through or not.

[boyptc]

About minimum withdrawal, as long as it's not crazy to reach then it's fine. For that, it's a good habit to read the terms about deposit and withdrawal and try to check what are the minimum in order not to be surprised. If not mentioned on terms, contact the support.

Usually for the minimum withdrawal, it's written on the withdrawal slip or page and that's an easy find to do.

For some casinos, in terms of deposit, they're offering an instant confirmation or zero confirmation and your deposit can be used already on them to gamble as soon as it's reflecting on their network's address.

But it can't be implemented by most since there's a drawback there and it could lose them funds.

[harizen]

 As they say, it is better to have 1000 minnows than having just 1 whale because the business will be dead if this whale shifts to other casinos.

If we take a look at those famous crypto casinos here, I think none of them has an insane minimum required deposit before we can play. However, if a user is in a situation where they feel that they can't afford the minimum deposit, there are lots of other gambling sites to choose from.

Referring to OP's friend, a $10 budget on gambling is something that really not that much. There are also associated fees in every transfer that's why OP's friend might end up paying more fees if after losing that $10 budget, the eagerness to continue is still there as chasing loss is already common especially when a gambler got pumped up.

[ChiNgadOr]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Yes it is very important and most time big minimum deposit can make gamblers to stop using a particular casino because it can be more than their budget. That is why many new casinos normally make their minimum deposit to be very small  do that it can attract new gamblers to join their casino.
 This is very important means to attract gamblers to a platform which is very necessary and this will keep new gamblers to use the casino with fast growth. Everybody as there own budget when we want to gamble so the minimum deposit can affect our gambling activities.

[fortunecrypto]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts?

For new players, who want to try the casino first, so they can check for Provably fair, if the casino does not offer faucets then they should accept a minimum deposit even as low as $1

[/i]If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Yes its one of the factors to encourage gamblers to play, they can even use that $1 minimum deposit to refer their friends because the minimum deposit, I have a friend who treats his referrals for a $1 top up so they can encourage them to sign up, play and check the features

[adzino]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Very low deposits will only create problems for the casino. If there are no minimum deposit requirement, exploiters and abusers can keep on sending dust amount to crash their deposit system. Things will become expensive for the casino. If there is no minimum withdrawal, abusers will find way to abuse and take advantage of the casino. Imagine thousands of request of 0.1 cent worth of coins.

[coin-investor]

I support minimum deposit it depends on what kind of tokens or coins the casino is accepting, for token-based they can accept as low as $1 for Coin based like Bitcoin $3 is already good, this is to test the site and encourage newbies and low budget to play, but when it comes to withdrawal there should be a threshold or else gamblers will just withdraw whatever amount they have in their balance and this will cause an issue for the casino.

[piebeyb]

I agree. Who wants to deposit $1 or less in a gambling site? Even if the minimum bet is one satoshi. When you win you won't win anything.

there are 2 possibilities when people make a small deposit of around $1, first they just want to have fun and don't aim to make money, spend time betting there for example playing dice roll games until they get bored, secondly they just want to test the casino site they play is fraudulent or not so he put it to the test by making a small deposit

[STT]

Anyone really low budget might have to wait a few months and save up the amount required to play as a minimum required.  I dont see it as a negative especially because if you really have no capital in the world to spare, its not that advisable to be gambling so perhaps the bar is best for either of the parties concerned.   Some thought before action is often advisable, I wouldnt really call this any discrimination or unfair obstacle.

[piebeyb]

Anyone really low budget might have to wait a few months and save up the amount required to play as a minimum required.  I dont see it as a negative especially because if you really have no capital in the world to spare, its not that advisable to be gambling so perhaps the bar is best for either of the parties concerned.   Some thought before action is often advisable, I wouldnt really call this any discrimination or unfair obstacle.

I think they will prefer to buy drinks and snacks instead of playing casino for small money, it means a lot for them to survive rather than throw it there, it should not be recommended that people who have little income play gambling let alone just want to find luck of course, it won't get anything and just a waste of time, but if they want to keep playing please play because nothing is forbidden in gambling anyone can play there, it's just a suggestion not discrimination

[coinerer]

I guess because by this it is letting the gambler plays more game because if you make a deposit with one dollar only do you think the gambler makes fun of playing with it? I guess no that's why the minimum most likely is at least 10 dollars to have a better chance of playing more games and enjoying. But some of the casino today now already included in their terms and condition that they don't have a minimum deposit. Last I've seen like this is the blackjack.fun

Gambling is a fun and if one wants to enjoy this fun then he can do it with any amount as minimum one can do with any amount to catch the bat but if one wants to get it better feel then he has to deposit more than 10 dollars because its  Through this he can play a fairly good game and he can gamble for a long time with this amount if he gambles using  1-2% for each try from his deposit amount . And for withdrawing he can withdraw according to the rules and regulations of the platform on which he is gambling and they will have minimum requirements ,op should follow that requerment

[EarnOnVictor]

Limiting gamblers to a certain amount with both deposits and withdrawals is bad to me, yet some casinos have their reasons for doing that which we have to consider before choosing them. Good service is my top priority in gambling, and any casino that could offer a minimum deposit of $10 is still okay. Nonetheless, alternatives are out there if that is too much for anyone, except that the integrity of the casino should be well considered first.

However, I totally dislike the aspect of limiting withdrawals, one should be able to withdraw lesser than $1 if possible.

[Bitinity]

I agree. Who wants to deposit $1 or less in a gambling site? Even if the minimum bet is one satoshi. When you win you won't win anything.

there are 2 possibilities when people make a small deposit of around $1, first they just want to have fun and don't aim to make money, spend time betting there for example playing dice roll games until they get bored, secondly they just want to test the casino site they play is fraudulent or not so he put it to the test by making a small deposit

There is 1 other possibility which it to play cent per bet to hunt huge multiplier. Remember that there are some games where you can hit millions multiplier so a cent can be something big once you hit such huge multiplier. A game like limbo can hit up to 1,000,000x while mines can be more than 5,000,000x so a lucky cent bet can be ten grands or 50 grands.

[ethereumhunter]

I agree. Who wants to deposit $1 or less in a gambling site? Even if the minimum bet is one satoshi. When you win you won't win anything.

there are 2 possibilities when people make a small deposit of around $1, first they just want to have fun and don't aim to make money, spend time betting there for example playing dice roll games until they get bored, secondly they just want to test the casino site they play is fraudulent or not so he put it to the test by making a small deposit

Maybe they want to research the site, especially if the casino site they want to use is recently launched. But if the casino site has been operating for a long time, it is a bit strange to see someone only depositing $1 because he can only gamble for a few spins, maybe less than 10 spins if we assume one spin has a minimum bet of $0.2.

But if he deposited $5, it might still be reasonable because, with $5, he could gamble and spend all his money at once. Using $10 to make a deposit is a common practice among gamblers and many casinos have a minimum deposit limit of $10.

[dothebeats]

A thrifty gambler who is only after the experience would probably just move on and go on to another casino and not get more money than they originally allotted. I only gamble $20 a week on dice and I never expect to even make a withdrawal anyway, so any casino that accepts that amount I gladly use them. I can see the reason why there needs to be a minimum withdrawal amount for casinos, but on the deposit I just can't figure out why there needs to be a minimum. If it's a crypto casino, it might be that the platform is preventing dust inputs but apart from that, not a lot of good reasons, really.

[Slow death]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

I think that in casinos there should be no restrictions such as minimum deposits and minimum withdrawals, I agree that they have to charge the withdrawal fee, but put minimum deposit and minimum withdrawal rules and something could take this rule away, sometimes the person wins 2$ with a lot of joy the person gets the expectation of wanting to spend the 2$ buying anything they can, but they come across something like: "minimum withdrawal is 5$" and then the person continues playing and loses all 2$, that person can get irritated and re-deposit to play for revenge thinking he will win and recover the loss of 2$ and again he will lose everything, and that is how gambling addicts are born. should remove this minimum withdrawal rule

I only gamble $20 a week on dice and I never expect to even make a withdrawal anyway

I also only bet 20$, but when I get some profit with the 20$ I increase the value of my bet, but I also always put it in my head that from the moment I put 20$ in the game, it's already a lost money

[SirLancelot]

Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts?

For us who gamble with small amount, yes it is discouraging. So far I haven't crossed a site like that but all the sites that I visited and play have no minimum deposit. I am okay if a site has a 1 dollar minimum deposit. That was still a reasonable amount for a small gambler and I don't think there are people who gamble lower than that. That is not enjoyable anymore and it will just run out so fast.

If ever you win, you won't feel that you are winning because the profit that you can get is very small due that small bet you placed. If the minimum withdrawal is high, then same impression is going to be felt. Small gamblers are forced to continue until they hit the threshold but sometimes they will lose during this process.

[darkangel11]

A thrifty gambler who is only after the experience would probably just move on and go on to another casino and not get more money than they originally allotted. I only gamble $20 a week on dice and I never expect to even make a withdrawal anyway, so any casino that accepts that amount I gladly use them. I can see the reason why there needs to be a minimum withdrawal amount for casinos, but on the deposit I just can't figure out why there needs to be a minimum. If it's a crypto casino, it might be that the platform is preventing dust inputs but apart from that, not a lot of good reasons, really.

You're right. Limiting people is stupid and it's going to have a negative effect on casinos popularity. OP asked if it could make people spend more. In an ideal situation where this casino has monopoly in a certain area it probably would but I still wouldn't recommend it being a manager of such casino because this could turn people away, people who can in time become VIP clients. You never know who a person will be in 10 years so the fact that they have $10 and want to play a round of blackjack here and now doesn't mean that in a year they won't return with 1k. You should never discourage customers if you want your business to prosper.
In the Internet where this guy can choose 10 other casinos that have no limits, why should he try to deposit more just to stay at your casino?

[Quidat]

A thrifty gambler who is only after the experience would probably just move on and go on to another casino and not get more money than they originally allotted. I only gamble $20 a week on dice and I never expect to even make a withdrawal anyway, so any casino that accepts that amount I gladly use them. I can see the reason why there needs to be a minimum withdrawal amount for casinos, but on the deposit I just can't figure out why there needs to be a minimum. If it's a crypto casino, it might be that the platform is preventing dust inputs but apart from that, not a lot of good reasons, really.

You're right. Limiting people is stupid and it's going to have a negative effect on casinos popularity. OP asked if it could make people spend more. In an ideal situation where this casino has monopoly in a certain area it probably would but I still wouldn't recommend it being a manager of such casino because this could turn people away, people who can in time become VIP clients. You never know who a person will be in 10 years so the fact that they have $10 and want to play a round of blackjack here and now doesn't mean that in a year they won't return with 1k. You should never discourage customers if you want your business to prosper.
In the Internet where this guy can choose 10 other casinos that have no limits, why should he try to deposit more just to stay at your casino?

With soo much option then it wouldnt really be that hard to find another place which we would really be that comfortable with.As a business owner then you should always be that considerate on not to
impose high limitation or restriction on which it could be the main cause for people to flock away on your site and would be ending up on staying into other platforms which it wouldnt really be that
good for the business.You cant really be that too confident that they wouldnt really be doing so.Its true that there are gamblers who do really make use of small amounts which might not able
to pass up on others minimum deposit and then that user would certainly be finding the place on where he suits up.

[chaser15]

However, I totally dislike the aspect of limiting withdrawals, one should be able to withdraw lesser than $1 if possible.

Even fiat casinos have a minimum withdrawal amount.

I don't see why gambling sites should allow less than or around $1 as a minimum withdrawal.

Even stablecoin transfer has network fees, how that $1 or lower can be accommodated? Gamblers should already know and understand that there's always a minimum withdrawal amount but as long as it's not that high, that should be fine.

[noormcs5]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

First of all, if someone has only 10$, he should not gamble. Gambling should always be done with the extra money which you can afford to lose. If anyone has only 10$ for gamble, this means he is a sort of person who is living hand to mouth, and he should not spend this amount in gambling.

Yeah, he can take risk and win big with this 10$, but usually this does not happen. There is only 1% chance of this happening and for sure, he can only try with 10$ where the site will accept this little amount. Some site will never accept this small money and they will set the minimum deposit limit which is usually greater than 10 bucks.

[famososMuertos]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

OP where are you?

 No casino forces any player to do anything, everything you do is assumed to be of your own volition.

 I like casinos that give you the right to bet a 1 SAT.  There are not many but there are, then what if they abound are those of 100 SAT and 1000 SAT.  The latter approximately have values ​​of $.02 and $0.2, these are minimum frecuently amounts of traditional casinos.

Now, it is why there are deposits of $1 in its equivalence in certain tokens, because there are bets of 0.00000001 on some games crypto,  and usually this games have FP.

 So just look for the crypto casino that suits your bankroll. Or deposit.

[Hispo]

-snip-

It is a fact that whatever the situation is, there will always be gamblers.
As we have seen, during the pandemic, that's when online casinos boosted their presence.
Because people were stuck at homes and some are looking for activities to do.
In this case, we can see that despite of the crisis that humanity is facing with, there will always be gamblers who will play.
And so, the minimum amount in deposit or withdrawal is important for these people, just to get by with their gambling desires.

Yes, I agree with you.
Ironically, those who did not gamble on an casino during the beginning of the pandemic, moved on their computer to gamble on exchanges using over-leveraged positions to try to make some money, added to the typical shitcoinery, throwing money to food tokens and dog coins. In my opinion, that was not trading, but pure gambling.

Also, the fact there are crypto currencies which allow us to move quantities of money as low as 0,1$ with minimal fees (Litecoin, Monero, Dash, ect) goes very well with online casinos, sometimes It can be even easier than a bank transfer and Paypal fees are not competitive, depending on the context.

[erep]

First of all, if someone has only 10$, he should not gamble. Gambling should always be done with the extra money which you can afford to lose. If anyone has only 10$ for gamble, this means he is a sort of person who is living hand to mouth, and he should not spend this amount in gambling.

I'm not assuming that a person budgets $10 to gamble doesn't mean he can't afford to budget $100/day to gamble, but I'm quoting if he budgets a minimum because it's not to bet on big wins but just for entertainment, so we have different criteria in gambling and we are free to argue if someone has a different perspective from the above explanation. I will attach a link listing some casinos with a detailed description of the minimum deposit and you should check the reputation of the casino first before depositing into the casino account, here is the link 25 Best Bitcoin Gambling Sites – Compare Crypto Gambling Sites

[Saisher]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

I'm one of these guys who deposited a small amount to test the site and if it's worth playing, I believe that there are lucky casinos where you can win more than the others I know that its a game of luck but they do exist when you are comfortable in one casino you can make a good decision for you to accumulate wins, having a minimum deposit of as low as $1 can help casinos to grow their members and they cater to all types of gamblers, but of course, it's not the only factor.

[EarnOnVictor]

However, I totally dislike the aspect of limiting withdrawals, one should be able to withdraw lesser than $1 if possible.

Even fiat casinos have a minimum withdrawal amount.

I don't see why gambling sites should allow less than or around $1 as a minimum withdrawal.

Even stablecoin transfer has network fees, how that $1 or lower can be accommodated? Gamblers should already know and understand that there's always a minimum withdrawal amount but as long as it's not that high, that should be fine.

I guess you should learn how to decode figures of speech, or perhaps you should read what I wrote with understanding before replying. What is crucial in my post was for casinos to abolish the minimum withdrawal restrictions, even if it could go below $1, I don't care. If you are defending casinos in this regard, what about forex brokers that are allowing a withdrawal as low as $1? Of course, you would have calculated your fees with it, which is way better than depriving me of an amount lower than $5 even if I am so in need of money.

Some have lost their little money in quest of trying to meet casino requirements, this is ill to me.

[lienfaye]

Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts?

Well, I dont think so. Casinos have their set rules for deposit/withdrawal and it's not to influence the gamblers to increase their budget. Usually, the minimum deposit and withdrawal of casinos are reasonable. If your budget is low or you can't afford the minimum of the particular casino then you can always look for other casinos that is appropriate for your budget.

Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble?

This already depends on the gamblers. Low minimum deposit and withdrawal are attractive specially for average gamblers because it's convenient. It is also ideal if they want to try first the casino before making a big deposit. Anyhow, it's best to gamble using your spare money, don't try hard to reach the minimum deposit/withdrawal of the casino since there are many options out there.

[Cryptmuster]

This already depends on the gamblers. Low minimum deposit and withdrawal are attractive specially for average gamblers because it's convenient. It is also ideal if they want to try first the casino before making a big deposit. Anyhow, it's best to gamble using your spare money, don't try hard to reach the minimum deposit/withdrawal of the casino since there are many options out there.

This can be convenient for average players, and according to statistics, it is these players who make the main turnover of funds, this is not necessarily the case, but basically it happens. The minimum deposit is rarely used for testing, for this you can look at the reviews and read what they write about this casino. The minimum withdrawal is also a very handy feature, I think that many pay attention to it.

[robelneo]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Coming from a third-world country, $1 is already a big amount it's equivalent to 2 lottery tickets here and you still have $0.20 change I consider the $1 deposit as a good consideration for people coming from a third-world country, for $1 they can test the
the site, but there should be a minimum threshold to withdraw, or there will be congestion if they will allow no minimum withdrawal. 

[tabas]

The minimum withdrawal is also a very handy feature, I think that many pay attention to it.

Many does. Because whatever is the minimum amount, it is what's the most affordable for most depositors and players and that's why it's also getting more people to try it when they've got an affordable minimum withdrawal amount.
Aside from that, one to contest is also deposit and if both clicks, it's convenient for most of the gamblers that don't spend a lot with their gambling activities and they can come handy anytime on them if they wish to.

[goinmerry]

Coming from a third-world country, $1 is already a big amount it's equivalent to 2 lottery tickets here and you still have $0.20 change I consider the $1 deposit as a good consideration for people coming from a third-world country, for $1 they can test the
the site, but there should be a minimum threshold to withdraw, or there will be congestion if they will allow no minimum withdrawal. 

Gambling sites don't need to give that consideration to users from 3rd world countries. If the budget is really not that big, these people should not try their luck at gambling. A $1 deposit also requires fees and if multiple $1 will be deposited at different times, these people are just wasting some money on fees.

There should be a local gambling place that is present at these places. That's where they can gamble their low-budget amount and not on online gambling sites.

[danherbias07]

Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts?

No, I don't think that's the reason behind it. Perhaps it is just a waste of time if you are betting that small.

[/i]If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

The minimum deposit is to avoid wasting time and heavy traffic in the system while minimum withdrawal has the same reasons with the addition of wasting money for transaction fees.
Overloading the system will mean more maintenance and a gambling site cannot afford to be offline a lot of times than being online 24/7.
They don't want you in and out for small amounts, and this also prevents those trying to cause traffic by just spamming the network. An "attack" to be short.

[Fundamentals Of]

In my case I think I would rather not proceed gambling if my tight budget is below the minimum. I am not a rich man so I cannot afford to just adjust with a casino's minimum. Perhaps I might save a little more so that the next time I really want to gamble, I'm sure I have the money to at least allow me to play. And I think this is better so that I won't end up gambling all the time. If the minimum is so low, I might end up gambling every time I have a little extra money. That would not only be a big waste of money but also time.

[Silberman]

Coming from a third-world country, $1 is already a big amount it's equivalent to 2 lottery tickets here and you still have $0.20 change I consider the $1 deposit as a good consideration for people coming from a third-world country, for $1 they can test the
the site, but there should be a minimum threshold to withdraw, or there will be congestion if they will allow no minimum withdrawal. 

Gambling sites don't need to give that consideration to users from 3rd world countries. If the budget is really not that big, these people should not try their luck at gambling. A $1 deposit also requires fees and if multiple $1 will be deposited at different times, these people are just wasting some money on fees.

There should be a local gambling place that is present at these places. That's where they can gamble their low-budget amount and not on online gambling sites.

I think the same as well, one dollar is an amount which is already low enough, if someone still has a problem with that amount and believes it is too high then that person should not be gambling anyway, after all gambling should be a hobby we practice with our spare money, if we do not have money to spare there are many other hobbies which we can practice that are free, so I do not think we should ask for casinos to be more flexible than what they are already.

[QueenVera]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Certainly yes  from the illustration, most times when you want to try out something new, especially with real cash, most persons especially someone like me wouldn't want to try it out with a higher amount even when I'm not on a budget.
$10 deposit is a relatively nice amount for a minimum deposit and $5 is also a nice value for withdrawal, this two figures respectively, would boost the morale of a player to give the game a trial.

Then in cases of someone with a strict budget, then I think it isn't a point of contemplation, as the player would turn back without a second thought and the casino then loses a player too.
So I stand on the ground that both the deposit and withdrawal should be relatively small to accommodate all budget classes too.

[Viscore]

It is already given, the lower the deposit requirement, the more people are able to play or test their casino platform.  Casino need to adjust in this area so that they can cater more players specifically the minnows.  Same apply with withdrawal, With lower withdrawal minnows who wanted to pocket their winnings will be satisfied because they are able to withdraw in as little amount as possible.

Since everything is business in gambling, then most of the gambling casinos prefer low minimum deposit as well as its withrawal so they can attract and cater a lot of customers from different social class which simply means, more players, more profits to enter in the house. And since most of the gamblers are regular gamblers, then they can play as much as they can even with a small budget.

[maydna]

In my case I think I would rather not proceed gambling if my tight budget is below the minimum. I am not a rich man so I cannot afford to just adjust with a casino's minimum. Perhaps I might save a little more so that the next time I really want to gamble, I'm sure I have the money to at least allow me to play. And I think this is better so that I won't end up gambling all the time. If the minimum is so low, I might end up gambling every time I have a little extra money. That would not only be a big waste of money but also time.

We are the ones who have to adjust to the casino because we are the ones who want to gamble. If the minimum deposit is above our budget, we are better off looking for another casino that has the lowest minimum limit of our budget. It won't force us to try to deposit some budget to gamble. In addition, we also don't need to change the budget we have just for gambling because when we find a casino with a minimum deposit that is lower than our budget, it means we can deposit more than that and play gambling. By knowing the casino with the lowest minimum deposit, we don't have to worry about how we can increase the amount of the budget and not use the budget for other things.

[Mauser]

Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

I think it also depends on the deposit method we choose, if there are fees involved for the casino which don't make it profitable to deposit only $1 or $5, then the casino shouldn't offer it. I understand that money is always relative, and some people can't afford more money to gamble with. If we have more money at the casino we might be encouraged to gamble more than we should. But this is on us, we need to have our emotions under control and set a certain limit with which we only gamble. The same goes allowing withdrawals only after a certain threshold, this is for the casino to save fees and have gamblers leave some more money at the casino. We need to have ourselves under control and remain disciplined. There is also a positive thing about depositing larger amounts, we can take more advantage of promotions. Especially first time deposit bonuses are very nice to have and we should deposit as much as possible to get the full benefit.

[MainIbem]

This is a serious issues when come in terms of deposit and withdrawal minimal/maximal
initially when i started online gambling it was a big deal for me to go above my monthly budget which i have already place in mind to use and gamble, sometimes you could like or prefer a specific gambling site but due to their restriction on minimal deposits or minimal withdrawal one might gets discourage to look for a more friendly gambling site which can accept the list depo/withdrawal amount to gamble with. So in summary it really influences the player to leave or look for a more friendly gambling site to bet and gamble over there with the list amount.

[qwertyup23]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts?

Online gambling companies have their respective standards as to which the amount of minimum withdrawal may be. This is so because this is something that keeps them protected against the odds. Imagine, you have $1 on your pocket and you suddenly won the entire jackpot. Of course, this may seem impossible due to the number of odds against you but it is definitely possible.

[/i]If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

It actually depends on which perspective you are viewing it. I am on the opinion that minimum withdrawals are required in order to protect the gambling company from bankruptcy. It somehow gives this blanket of protection by allowing a $10 minimum fee to access its games, etc.

[xSkylarx]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Yes, because there are a lot of experienced gamblers, they want to test the site first and deposit the smallest amount possible to try it out. Most casinos have low deposit limits, but with withdrawals, not all are the same, as most have a minimum withdrawal. I think they implemented it so that it cannot be abused and also helps you not to always withdraw because of the fees, but mostly because they want you to keep your money for longer periods as it will take a few days to meet the minimum withdrawal. Most of the gamblers that have a really low budget really want the minimum deposit and withdrawal to be low because they can withdraw anytime if they want it or gain a small profit, and also because a low deposit can attract other gamblers to try and test their website by depositing only a little money.

[Jemzx00]

Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

I think it also depends on the deposit method we choose, if there are fees involved for the casino which don't make it profitable to deposit only $1 or $5, then the casino shouldn't offer it. I understand that money is always relative, and some people can't afford more money to gamble with. If we have more money at the casino we might be encouraged to gamble more than we should. But this is on us, we need to have our emotions under control and set a certain limit with which we only gamble. The same goes allowing withdrawals only after a certain threshold, this is for the casino to save fees and have gamblers leave some more money at the casino. We need to have ourselves under control and remain disciplined. There is also a positive thing about depositing larger amounts, we can take more advantage of promotions. Especially first time deposit bonuses are very nice to have and we should deposit as much as possible to get the full benefit.

I understand your point of view in regard to the withdrawal and withholding of users on withdrawal until they reached the minimum withdrawal amount, and most casinos are like this, but you can always try to lower your withdrawal on other altcoins that has lesser fees.

However, the deposit limit should not be set to anything and let it be to any amount as the users will be the one who shoulder the transaction fees on this one. Also, what would happen if a user wanted to deposit 50 USD to a gambling platform that sets a 50USD deposit limit but while transferring the price fluctuates and changes to 49USD instead, where will the funds sent to in this kind of scenario?

[molsewid]

Yes, because there are a lot of experienced gamblers, they want to test the site first and deposit the smallest amount possible to try it out. Most casinos have low deposit limits, but with withdrawals, not all are the same, as most have a minimum withdrawal. I think they implemented it so that it cannot be abused and also helps you not to always withdraw because of the fees, but mostly because they want you to keep your money for longer periods as it will take a few days to meet the minimum withdrawal. Most of the gamblers that have a really low budget really want the minimum deposit and withdrawal to be low because they can withdraw anytime if they want it or gain a small profit, and also because a low deposit can attract other gamblers to try and test their website by depositing only a little money.

I agree, I don't have any problem with the minimum deposit and witdrawal I just hope that some casinos will have more options of coins that can be swap in their website, I only see usdt,btc, eth ,tron, bnb in some casinos I play before I hope they can add more so if a certain has a problem we can use another chain or we call know that gas fees in these coins are different to each other. Minimum deposit is not a problem at all.

[doomloop]

Coming from a third-world country, $1 is already a big amount it's equivalent to 2 lottery tickets here and you still have $0.20 change I consider the $1 deposit as a good consideration for people coming from a third-world country, for $1 they can test the
the site, but there should be a minimum threshold to withdraw, or there will be congestion if they will allow no minimum withdrawal. 

Gambling sites don't need to give that consideration to users from 3rd world countries. If the budget is really not that big, these people should not try their luck at gambling. A $1 deposit also requires fees and if multiple $1 will be deposited at different times, these people are just wasting some money on fees.

There should be a local gambling place that is present at these places. That's where they can gamble their low-budget amount and not on online gambling sites.

Like it or not, there will always be gambling sites like that who care about small players and that is why they don't set a minimum deposit but just minimum withdrawal. This is to avoid spamming the network as what @robelneo said. There are fees for depositing but if they will use cheap alts, they will still be left with something. They can try their luck on games with huge multipliers and If they ever they get lucky, they can turn their dollar to a decent amount.

There are offline gambling but they are not that accessible compared to online. You will need to commute and pay. Can't imagine how will be left with your one dollar if you will insist of gamble on them.

[Fundamentals Of]

-snip-

We are the ones who have to adjust to the casino because we are the ones who want to gamble. If the minimum deposit is above our budget, we are better off looking for another casino that has the lowest minimum limit of our budget. It won't force us to try to deposit some budget to gamble. In addition, we also don't need to change the budget we have just for gambling because when we find a casino with a minimum deposit that is lower than our budget, it means we can deposit more than that and play gambling. By knowing the casino with the lowest minimum deposit, we don't have to worry about how we can increase the amount of the budget and not use the budget for other things.

On my part, I think I won't be moving to another casino simply because I don't have the minimum deposit for my casino of choice yet. For me, the minimum deposit is not the determining factor in choosing a casino. There are many other bases in choosing a casino and it is not a very special consideration that a casino should have a very low minimum deposit, although it definitely matters. So I guess I would just save more money and go back to the same casino as soon I have the necessary amount.

[maydna]

-snip-

~snip~

On my part, I think I won't be moving to another casino simply because I don't have the minimum deposit for my casino of choice yet. For me, the minimum deposit is not the determining factor in choosing a casino. There are many other bases in choosing a casino and it is not a very special consideration that a casino should have a very low minimum deposit, although it definitely matters. So I guess I would just save more money and go back to the same casino as soon I have the necessary amount.

Indeed, the minimum deposit is not the determining factor, but maybe that is what people think before they choose their casino. But we can say we are lucky because there are still some casinos with very low minimum deposits, and those have such a good reputation that it becomes a place for us to start gambling. What we need to pay attention to is that the casino has to have a good reputation, and I think we already have that casino. And actually, we don't need to move to another casino if we have found a reputable casino with a low minimum deposit.

[Silberman]

-snip-

We are the ones who have to adjust to the casino because we are the ones who want to gamble. If the minimum deposit is above our budget, we are better off looking for another casino that has the lowest minimum limit of our budget. It won't force us to try to deposit some budget to gamble. In addition, we also don't need to change the budget we have just for gambling because when we find a casino with a minimum deposit that is lower than our budget, it means we can deposit more than that and play gambling. By knowing the casino with the lowest minimum deposit, we don't have to worry about how we can increase the amount of the budget and not use the budget for other things.

On my part, I think I won't be moving to another casino simply because I don't have the minimum deposit for my casino of choice yet. For me, the minimum deposit is not the determining factor in choosing a casino. There are many other bases in choosing a casino and it is not a very special consideration that a casino should have a very low minimum deposit, although it definitely matters. So I guess I would just save more money and go back to the same casino as soon I have the necessary amount.

I suppose that for some people the minimum deposit of a casino is something important but I doubt this is the case for the majority of the gamblers out there, and this is because the minimum deposit at most cryptocurrency casinos is very low if we compare it to what we see in other fiat online casinos, besides even if our budget is so limited we need to give to this factor some extra attention it should not be above other important characteristics like the reliability and the reputation of the casino in which we want to gamble.

[worle1bm]

Yes the minimum deposit is comparatively low in most of the casino taking small gamblers also into mind but there are different restrictions on the withdrawal amount like you need to gain some amount from your bet say $10 minimum to withdraw covering your fees as well but deposit are very low which can be easily induced.

[Reatim]

Yes the minimum deposit is comparatively low in most of the casino taking small gamblers also into mind but there are different restrictions on the withdrawal amount like you need to gain some amount from your bet say $10 minimum to withdraw covering your fees as well but deposit are very low which can be easily induced.

and some even asked for wagering requirements before withdrawals , but some questionable sites even ask for KYC before letting you get the funds because of their own intention to banned or blocked your account.
this is the same reason why we need to engage  only to those popular and trusted gambling sites that we had in forum and even those sites that being published till this day.

[krishnaverma]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Most of the websites have minimum deposit restrictions. This is not to discourage new or small gamblers. You need to understand their business model as well. Their main revenue will come from big gamblers only who play frequently. And there are resources consumed on the app or website for each player. So having lot of small gamblers can in fact be loss for them. Also, there has to be good winning amounts in different types of games. If there are most of the players with small deposit only, how will they be able to pay big winning amounts.

However, of you still have limited budget, there is no lack of options. You can try free gambling websites. They have less prizes but you can participate there with less money or even no money. You will enjoy the thrill and joy of playing just like big sites.

[ethereumhunter]

Yes the minimum deposit is comparatively low in most of the casino taking small gamblers also into mind but there are different restrictions on the withdrawal amount like you need to gain some amount from your bet say $10 minimum to withdraw covering your fees as well but deposit are very low which can be easily induced.

Limitations on the minimum deposit at each casino are normal because the owners of each casino are also different so they will think about what the minimum deposit amount is at their casino. And the transaction fees at each casino will also be different because each casino's policies are different. And I think it will depend on how much money we will use to gamble at that casino and I suggest looking for a casino with a minimum deposit and a good reputation to avoid problems.

[xSkylarx]

Yes the minimum deposit is comparatively low in most of the casino taking small gamblers also into mind but there are different restrictions on the withdrawal amount like you need to gain some amount from your bet say $10 minimum to withdraw covering your fees as well but deposit are very low which can be easily induced.

and some even asked for wagering requirements before withdrawals , but some questionable sites even ask for KYC before letting you get the funds because of their own intention to banned or blocked your account.
this is the same reason why we need to engage  only to those popular and trusted gambling sites that we had in forum and even those sites that being published till this day.

I agree with the KYC before withdrawing, but it's their policy; before we withdraw our money, we need to do KYC; if we do, we will be able to get our money. On the other hand, gamblers still want a new look, new features, and new games to bet on, which is why most gamblers want to try those new websites that were put up and deposit a small amount of money just to try and feel the website, then if they like it, they will deposit more and play on that gambling website constantly.

[LUCKMCFLY]

-snip-

We are the ones who have to adjust to the casino because we are the ones who want to gamble. If the minimum deposit is above our budget, we are better off looking for another casino that has the lowest minimum limit of our budget. It won't force us to try to deposit some budget to gamble. In addition, we also don't need to change the budget we have just for gambling because when we find a casino with a minimum deposit that is lower than our budget, it means we can deposit more than that and play gambling. By knowing the casino with the lowest minimum deposit, we don't have to worry about how we can increase the amount of the budget and not use the budget for other things.

On my part, I think I won't be moving to another casino simply because I don't have the minimum deposit for my casino of choice yet. For me, the minimum deposit is not the determining factor in choosing a casino. There are many other bases in choosing a casino and it is not a very special consideration that a casino should have a very low minimum deposit, although it definitely matters. So I guess I would just save more money and go back to the same casino as soon I have the necessary amount.

I think there are many people who think like you, and it is a very intelligent way of thinking, when you are in casinos that are really very good and you have never had any kind of problem, what do you gain by being a little more creative looking and risking in other casinos? perhaps its portions can attract attention, the apparent advantage of when you are in a really recognized casino with a high reputation is that we can be very calm with the issue of withdrawals, deposits and KYC, in my case I have always been in stake. com and other casinos, and I don't mind giving KYC because I know they are very stable and reliable casinos.

[Sandra_hakeem]

Yeahhhh ...
Actually, a user could have some difficulties in deciding whether or not to exceed their budget for a casino on that level....the could prolly make fast decisions if it entails the exact preference they'd always long for, alright?
Like, if I'm looking at getting odds on my ground stake but it becomes a combo game entirely, when bonuses are added.... The odds increases and ofcourse, your potential winning increases too. If I'm being given a condition not to deposit below $10 in that casino, which I already have as my target -- then I'll have to decide if I'd wanna win big or not.
Another thing is the PASSION; this matters alot and it's what thrives them...(some will say it's GREED, yes but remember, you'll need to be passionate about gambling and how it works -- in the first place) after all, we have a thousand and one ways to make easy cash.

Sandra 💇

[Quidat]

Yes the minimum deposit is comparatively low in most of the casino taking small gamblers also into mind but there are different restrictions on the withdrawal amount like you need to gain some amount from your bet say $10 minimum to withdraw covering your fees as well but deposit are very low which can be easily induced.

and some even asked for wagering requirements before withdrawals , but some questionable sites even ask for KYC before letting you get the funds because of their own intention to banned or blocked your account.
this is the same reason why we need to engage  only to those popular and trusted gambling sites that we had in forum and even those sites that being published till this day.

I agree with the KYC before withdrawing, but it's their policy; before we withdraw our money, we need to do KYC; if we do, we will be able to get our money. On the other hand, gamblers still want a new look, new features, and new games to bet on, which is why most gamblers want to try those new websites that were put up and deposit a small amount of money just to try and feel the website, then if they like it, they will deposit more and play on that gambling website constantly.

We have lots of sites or platforms that we do have in the market today but its true that gamblers or people would really be endlessly looking for something new and thats the reason on why they do really
test out specially those newly launched or existing sites.If they do find out to be interesting then they would be simply sticking into it, but if not then they would be simply ignoring it.
Speaking about withdrawal and deposit minimum then this would really vary on each site but in overall it doesnt really have much that difference in terms of numbers
thats why its not really that something surprising.

[Bitinity]

Yes the minimum deposit is comparatively low in most of the casino taking small gamblers also into mind but there are different restrictions on the withdrawal amount like you need to gain some amount from your bet say $10 minimum to withdraw covering your fees as well but deposit are very low which can be easily induced.

True, so far I do not see casino set too big minimum deposit. Most reputable bitcoin/crypto casinos does let users to deposit few cents-bucks only but of course most casinos set a minimum withdrawal. Most crypto casinos also has low minimum withdrawal as well although we cant deny the fact that there are some sites with high minimum withdrawal.

and some even asked for wagering requirements before withdrawals , but some questionable sites even ask for KYC before letting you get the funds because of their own intention to banned or blocked your account.

Wagering requirement of the deposited money before withdrawal is a common thing, most casino apply it to prevent money laundering. On the other side, I do hate those casinos that ask KYC on withdrawal without solid reasons.

[QueenVera]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Both minimum deposit and withdrawal are a great edge for the casinos to entice it's intending customers.
Most times first time players wouldn't want to go all in or risking much money while surfing round the site, so if a casino has a minimum deposit upto $1, that will be a very nice selling point for the casino as an intending player would want to give the site a trailer but another thing is the fact that withdrawal also accertain how freely a player will be willing to deposit in a casino because a casino with a minimum deposit of $1 shouldn't be having a minimum withdrawal above $2.
So I think both minimum deposit and withdrawal are both great selling point for intending customers.

[Obari]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Many people like myself would only love to try out new casinos with relatively small deposit or minimum deposit as per say because I wouldn't dare to try my luck for the first time on a casino I just came across with any reasonable money at first.
At this point, I'm not doing this with expections to win a bet but to see the efficiency of a casino and if I lose it's fine and if I also win is an added advantage to me .

The next thing I always look at for in a casino I just came across is the minimum withdrawal and the requirements for withdrawal.
Most times, my deposit actually depends on tye withdrawal and it's terms in the site but I would also say that minimum withdrawal will go a very long way to promote a particular casino.

[LUCKMCFLY]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Many people like myself would only love to try out new casinos with relatively small deposit or minimum deposit as per say because I wouldn't dare to try my luck for the first time on a casino I just came across with any reasonable money at first.
At this point, I'm not doing this with expections to win a bet but to see the efficiency of a casino and if I lose it's fine and if I also win is an added advantage to me .

The next thing I always look at for in a casino I just came across is the minimum withdrawal and the requirements for withdrawal.
Most times, my deposit actually depends on tye withdrawal and it's terms in the site but I would also say that minimum withdrawal will go a very long way to promote a particular casino.

Well the truth is I also do the same, the first thing I check is the minimum withdrawal and then the minimum deposit, although to be honest there are few casinos that require a minimum deposit, because it starts as you say with 1USD, I think what matters here is that the withdrawal is minimal to be able to hook many players, because you know that with 10usd they can get 20, 30USD if they have the corresponding luck, although for me 10us is very little to prove luck, unless you play in a slot that do not ask so much to start, I say this because I always look for slots, so this is something that tells me that it can be a good casino.

[ajochems]

It’s better to keep some additional money as compared to the minimum deposit. The minimum deposit option is just to allow you to check the available games in the casino. Because the games available always will had huge dollars is needed to play most of the games. So we cannot try most of the gambling using the minimum deposit money. Add some additional money to get the full entertainment from it.Maximum amount to be added to gain a good money from the investment of the gambling website. But some will use the average money to get few bet as compared to most of the gambling sites and used by the people of gambling.

[goinmerry]

Coming from a third-world country, $1 is already a big amount it's equivalent to 2 lottery tickets here and you still have $0.20 change I consider the $1 deposit as a good consideration for people coming from a third-world country, for $1 they can test the
the site, but there should be a minimum threshold to withdraw, or there will be congestion if they will allow no minimum withdrawal.  

Gambling sites don't need to give that consideration to users from 3rd world countries. If the budget is really not that big, these people should not try their luck at gambling. A $1 deposit also requires fees and if multiple $1 will be deposited at different times, these people are just wasting some money on fees.

There should be a local gambling place that is present at these places. That's where they can gamble their low-budget amount and not on online gambling sites.

Like it or not, there will always be gambling sites like that who care about small players and that is why they don't set a minimum deposit but just minimum withdrawal. This is to avoid spamming the network as what @robelneo said. There are fees for depositing but if they will use cheap alts, they will still be left with something. They can try their luck on games with huge multipliers and If they ever they get lucky, they can turn their dollar to a decent amount.

There are offline gambling but they are not that accessible compared to online. You will need to commute and pay. Can't imagine how will be left with your one dollar if you will insist of gamble on them.

Still, if the budget is really low, why gamble? Can we just rely on luck? Can we just depend on it? People might not realized that even they are doing small bets, they don't realized that the actual spending is now higher.

If that is easy to achieve, then we shouldn't have any financial problems now.

Try to read the main post. In that situation, it does not make sense for me to just gamble.

[Obari]

Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Even without been told, one should know that a casino with minimum deposit and withdrawal should have greater number of users and visitors  especially if the casino is still a very new one because, people wouldn't want to try out a new casino to see it's features with a relatively reasonable sum of money but rather they will want to check it out with something very little and unreasonable before going on to try it with much more better amount.
The same thing applies with minimum withdrawal as there is no need putting a minimum deposit and making one having to struggle to play lots of games just to reach a certain amount for withdrawal.
I think from my perspective that withdrawals should also be relatively minimum and ease of usage.

[piebeyb]

Yes the minimum deposit is comparatively low in most of the casino taking small gamblers also into mind but there are different restrictions on the withdrawal amount like you need to gain some amount from your bet say $10 minimum to withdraw covering your fees as well but deposit are very low which can be easily induced.

as we know the casino will not let you bring small money from their site, play more games to withdraw more money from the casino and that's why the minimum deposit limit is very low because it aims to attract small gamblers like me for example

well at least I still choose to look for casinos that provide deposit bonuses so that besides being able to use my deposit money I can also play with that bonus

[traderethereum]

It’s better to keep some additional money as compared to the minimum deposit.The minimum deposit option is just to allow you to check the available games in the casino.Because the games available always will had huge dollars is needed to play most of the games.So we cannot try most of the gambling using the minimum deposit money.Add some additional money to get the full entertainment from it.

If it's money that you don't use, you can deposit more than the minimum deposit amount so you can use it to play games that require a minimum deposit to get the bonus and also play other games.
I sometimes use that method because I can deposit more money than the deposit amount.
But maybe that won't apply to people who play gambling just for fun and don't care about anything else.
They want to reach the minimum deposit amount to play gambling and if that means they can get a bonus from the minimum deposit, that's a gift for them.

[Cookdata]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

You should have asked your friend, he would have recommended you a reputable gambling website that would have accepted a deposit of $10 or less as users could fund their wallets with other coins and tokens in some casinos.
Answers to your questions: It may, but it does not limit the amount you can bet on each game, you can bet as little as that amount. So, if a casino requires more than your threshold, you can deposit more than that amount and keep the rest in the casino, and if you win more than the amount you know you can withdraw, you can withdraw all of your money. Another reason I believed the casino required more than that amount was the possibility of having sufficient funds within the company.

[lienfaye]

It’s better to keep some additional money as compared to the minimum deposit.The minimum deposit option is just to allow you to check the available games in the casino.Because the games available always will had huge dollars is needed to play most of the games.So we cannot try most of the gambling using the minimum deposit money.Add some additional money to get the full entertainment from it.

If it's money that you don't use, you can deposit more than the minimum deposit amount so you can use it to play games that require a minimum deposit to get the bonus and also play other games.
I sometimes use that method because I can deposit more money than the deposit amount.
But maybe that won't apply to people who play gambling just for fun and don't care about anything else.
They want to reach the minimum deposit amount to play gambling and if that means they can get a bonus from the minimum deposit, that's a gift for them.

The thing is, if your deposit is only minimum you can't try and enjoy many games since you have limited funds and worse if you're not lucky with the first game you play, you might lose it early. So it depends on the players why they gamble, is it to try your luck and earn? Or to enjoy the games and entertain yourself? If the latter is your reason then it's not much a concern if you only have minimum amount for deposit. Though we often advice to just play in moderation with the money you can afford to lose so that you'll have no regrets even you lose your money in gambling.

[Mr. Magkaisa]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

   -  If the only budget of a gambler is 10$ and it is not included in a casino that he checked, there are many other casinos here in cryptocurrency that accept a minimum deposit of 10$. But if you gamble for only 1$ in an online casino I think it is not good to be a gambler. Let's not make the online casino a cheap one.

Then the only thing that is always encouraged by most online casinos here in the crypto space is that when a gambler makes a deposit, there is a 100% bonus depending on the trick of a gambling platform.

[minime0105]

Yes the minimum deposit is comparatively low in most of the casino taking small gamblers also into mind but there are different restrictions on the withdrawal amount like you need to gain some amount from your bet say $10 minimum to withdraw covering your fees as well but deposit are very low which can be easily induced.

as we know the casino will not let you bring small money from their site, play more games to withdraw more money from the casino and that's why the minimum deposit limit is very low because it aims to attract small gamblers like me for example

well at least I still choose to look for casinos that provide deposit bonuses so that besides being able to use my deposit money I can also play with that bonus

Do you know that stating that someone should bet much in casino because of withdrawal aspect, do you realize that casino is a gamblling which you hold it at hand, because you can lose or you win it because the way I'm seeing gambling, what i can encourage is that someone should invest in gambling what it can afford to lose, because the way I'm seeing what's happening in gambling it's not what someone can bring it's fund to invest.

[redsun114]

Do you know that stating that someone should bet much in casino because of withdrawal aspect, do you realize that casino is a gamblling which you hold it at hand, because you can lose or you win it because the way I'm seeing gambling, what i can encourage is that someone should invest in gambling what it can afford to lose, because the way I'm seeing what's happening in gambling it's not what someone can bring it's fund to invest.

I bet he knows that already but who wouldn't be? It only takes a common sense to know that gambling places are so risky as you can lose your money on them if you won't win. Minimum deposits on most gambling sites are usually low and very affordable even for a small gambler so what you are saying there of invest only amounts that we can afford to lose can still be followed.

We only need to make sure that we don't keep on redepositing once we lose the money that is intended for playing. We need to take a rest and come back playing again after some time to ensure that we won't be addicted. Anyway, there's also a gambling site which lets you invest on them.

[dothebeats]

If it's money that you don't use, you can deposit more than the minimum deposit amount so you can use it to play games that require a minimum deposit to get the bonus and also play other games.
I sometimes use that method because I can deposit more money than the deposit amount.
But maybe that won't apply to people who play gambling just for fun and don't care about anything else.
They want to reach the minimum deposit amount to play gambling and if that means they can get a bonus from the minimum deposit, that's a gift for them.

The thing is, if your deposit is only minimum you can't try and enjoy many games since you have limited funds and worse if you're not lucky with the first game you play, you might lose it early. So it depends on the players why they gamble, is it to try your luck and earn? Or to enjoy the games and entertain yourself? If the latter is your reason then it's not much a concern if you only have minimum amount for deposit. Though we often advice to just play in moderation with the money you can afford to lose so that you'll have no regrets even you lose your money in gambling.

I play with as little as $20 yet I manage to enjoy every single bit of it and last for 2 hours minimum at the casino I frequent on. If you're looking to kill time and get some entertainment off betting, you'll adjust your betting patterns to match your current budget. Not really a hard sacrifice for us who enjoys gambling as is no matter how small our budget is. In fact, it even serves as a challenge to see whether I'm able to withdraw anything after the session or not.

[minime0105]

Do you know that stating that someone should bet much in casino because of withdrawal aspect, do you realize that casino is a gamblling which you hold it at hand, because you can lose or you win it because the way I'm seeing gambling, what i can encourage is that someone should invest in gambling what it can afford to lose, because the way I'm seeing what's happening in gambling it's not what someone can bring it's fund to invest.

I bet he knows that already but who wouldn't be? It only takes a common sense to know that gambling places are so risky as you can lose your money on them if you won't win. Minimum deposits on most gambling sites are usually low and very affordable even for a small gambler so what you are saying there of invest only amounts that we can afford to lose can still be followed.

We only need to make sure that we don't keep on redepositing once we lose the money that is intended for playing. We need to take a rest and come back playing again after some time to ensure that we won't be addicted. Anyway, there's also a gambling site which lets you invest on them.

Some people does not understand such concept because they do think that gambling is all about consistency and curiosity, gambling if you are winning in the gamblling, that's not what supposed to make you to say that gambling most be constantly played, even though you are in the losing side of gambling, you will still undergoes such, you are right by taking some break in gambling if you are in losing part even though you are winning part what increased the loss in gambling is when you lose and you became curious to get it back.

[QueenVera]

Just from your illustration, one needs not to be told that minimum deposit and withdrawal have a very great role to play especially for new casinos who are trying to stay relevant in the industry.
Your illustration also stated that, the player was a newbie on that very casino and has a budget and I guess his budge was because he first wanted to test how good the casino would be when it comes to deposit and withdrawal and these are the first two things I have to think of before hopping into a gambling site because I wouldn't want a situation where it seems I got lured into the site with minimum deposit and when it gets to withdrawal, it then becomes very difficult to withdraw.
Minimum deposit and withdrawal has a great role to play in online casinos.

[EarnOnVictor]

Do you know that stating that someone should bet much in casino because of withdrawal aspect, do you realize that casino is a gamblling which you hold it at hand, because you can lose or you win it because the way I'm seeing gambling, what i can encourage is that someone should invest in gambling what it can afford to lose, because the way I'm seeing what's happening in gambling it's not what someone can bring it's fund to invest.

I bet he knows that already but who wouldn't be? It only takes a common sense to know that gambling places are so risky as you can lose your money on them if you won't win. Minimum deposits on most gambling sites are usually low and very affordable even for a small gambler so what you are saying there of invest only amounts that we can afford to lose can still be followed.

We only need to make sure that we don't keep on redepositing once we lose the money that is intended for playing. We need to take a rest and come back playing again after some time to ensure that we won't be addicted. Anyway, there's also a gambling site which lets you invest on them.

Some people does not understand such concept because they do think that gambling is all about consistency and curiosity, gambling if you are winning in the gamblling, that's not what supposed to make you to say that gambling most be constantly played, even though you are in the losing side of gambling, you will still undergoes such, you are right by taking some break in gambling if you are in losing part even though you are winning part what increased the loss in gambling is when you lose and you became curious to get it back.

I agree with most of your opinion but not all, as when one is winning in gambling, they would always want to continue gambling. After all, why do I need a break if what am doing is earning me consistent income? But for losing, that's where the problem comes in, gamblers tend to want to play again to recover their losses, and this might lead to more losses until some might be addicted to it in the pretence of recovering their losses or want to be rich through gambling.

While some would take a break and return later like you rightly said.

[bettercrypto]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

You know that usually in crypto gambling in the industry, the minimum deposit is 20$ or more my knowledge and experience of gambling websites.

    Maybe for others the 1$ lowest deposit is encouraging to gamblers who hope to grow their small gambling capital, but for gamblers who want to gamble in casinos, I think that if they want to gamble it will make a way for them to only be able to gamble in crypto gambling.

[Apocollapse]

You know that usually in crypto gambling in the industry, the minimum deposit is 20$ or more my knowledge and experience of gambling websites.

    Maybe for others the 1$ lowest deposit is encouraging to gamblers who hope to grow their small gambling capital, but for gamblers who want to gamble in casinos, I think that if they want to gamble it will make a way for them to only be able to gamble in crypto gambling.

I think it will depend on which coins since some coins has expensive fee and it also depends on the casino's game. It doesn't make sense if you're only deposit $1 for online bookie since the minimum stake is usually $1, you can't even bet anything if your funds is less than $1. Some slots also ask for minimum of $1 for each spin, it would be different if the casino has their own game. You can even bet for 1 satoshi for each spin.

[Accardo]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

You know that usually in crypto gambling in the industry, the minimum deposit is 20$ or more my knowledge and experience of gambling websites.

    Maybe for others the 1$ lowest deposit is encouraging to gamblers who hope to grow their small gambling capital, but for gamblers who want to gamble in casinos, I think that if they want to gamble it will make a way for them to only be able to gamble in crypto gambling.

I don't see anything wrong in having a high minimum deposit, his money is not lost until he stakes, the person always has an option to check other casinos that accepts lesser than his budget or add up some funds to meet up their minimum deposit then stake 10 dollars at the moment, another day he can stake the remaining. But such a person is not yet ready to gamble, because it's like paying for a hotel bill that's above your budget and starts bothering if such bill discourages other people or encourage them to pay higher. Gambling is fun and recreational, and if you can't meet up with a specific casino price try other ones like the 1 dollar minimum. What matters is going there and coming out happy. Regardless of win or loss.

On the other hand, only gambling newbies will get carried away by the 1$ minimum deposits. A player should have in mind how much they'll want to gamble for the period of their stay in the casino and they're no need to bother about how much the minimum withdrawal is, the money there is meant for gambling and a player shouldn't be in a hurry to withdraw his funds, that is, if he truly budgeted the funds he deposited on the casino for gambling purposes.

[Bitinity]

You know that usually in crypto gambling in the industry, the minimum deposit is 20$ or more my knowledge and experience of gambling websites.

    Maybe for others the 1$ lowest deposit is encouraging to gamblers who hope to grow their small gambling capital, but for gamblers who want to gamble in casinos, I think that if they want to gamble it will make a way for them to only be able to gamble in crypto gambling.

I think it will depend on which coins since some coins has expensive fee and it also depends on the casino's game. It doesn't make sense if you're only deposit $1 for online bookie since the minimum stake is usually $1, you can't even bet anything if your funds is less than $1. Some slots also ask for minimum of $1 for each spin, it would be different if the casino has their own game. You can even bet for 1 satoshi for each spin.

There are many casinos that lets players to bet cents not only for sports but also for slots game. Means that making $1 deposit does make sense although this amount can be used for few bets only. As additional note, it does make sense if the player use coin with cheap tx fee. Back to minimum deposit, I still see there still some casino without minimum deposit rules, means that players can deposit any amount they wish. Although no one will make a cent deposit, but having low minimum deposit is a big plus for the casino to attract players.

[iv4n]

I play with as little as $20 yet I manage to enjoy every single bit of it and last for 2 hours minimum at the casino I frequent on. If you're looking to kill time and get some entertainment off betting, you'll adjust your betting patterns to match your current budget. Not really a hard sacrifice for us who enjoys gambling as is no matter how small our budget is. In fact, it even serves as a challenge to see whether I'm able to withdraw anything after the session or not.

When it comes to in-house games 10-20 dollars is a nice starting balance, especially in some low-cost coins... my favorite is TRX (but I like a few others as well), and $20 is more than 300 TRX. Having in mind that the minimum bet can be with many decimals it makes it perfect for setting up some auto-betting strategies, or for chasing some very high payouts.
And gambling should be about entertainment and killing some time doing something interesting, I don't think the budget is crucial here, everyone should play with money they can afford to lose/spend on fun.

[TopTort777]

Although no one will make a cent deposit, but having low minimum deposit is a big plus for the casino to attract players.

Agree on that. Why should someone set limits for deposit anyway? If casino wants to limit rich players from those who are not - I dont know, make different slots, tables. 1 cent or 1 dollar, it does not matter, it is money anyway. They both have equal purchasing power. If a gambler wants to make 100 transactions worth 1 cent to bet 1 dollar. Then be my guest, feed miners, they want to eat too Withdrawals is different story. If casino pay for transaction, then it is ok to have minimum amount. Otherwise casinos budget can be abused. But that amount should be reasonable. Allowing to deposit 1 cent and set withdrawal minimum to 100 bucks is wrong, or I would say I even smell course called "Le Scam" here.

[klidex]

Just from your illustration, one needs not to be told that minimum deposit and withdrawal have a very great role to play especially for new casinos who are trying to stay relevant in the industry.
Your illustration also stated that, the player was a newbie on that very casino and has a budget and I guess his budge was because he first wanted to test how good the casino would be when it comes to deposit and withdrawal and these are the first two things I have to think of before hopping into a gambling site because I wouldn't want a situation where it seems I got lured into the site with minimum deposit and when it gets to withdrawal, it then becomes very difficult to withdraw.
Minimum deposit and withdrawal has a great role to play in online casinos.

Yes, I agree with what you have said that indeed the deposit and withdrawal limits have an important role for a gambler to keep playing at the casino.
Whether it's small gamblers or gamblers with large capital, they will both be more concerned with matters regarding deposits and withdrawals. The time needed for a transaction is no less important because with a short transaction time and without any obstacles, gamblers can feel that the casino has a team. responsive and agile managers in completing all transactions at the casino.
So every casino cannot ignore this because almost the majority of gamblers always want to use a good casino for every transaction in it.

[armanda90]

I think it will depend on which coins since some coins has expensive fee and it also depends on the casino's game. It doesn't make sense if you're only deposit $1 for online bookie since the minimum stake is usually $1, you can't even bet anything if your funds is less than $1. Some slots also ask for minimum of $1 for each spin, it would be different if the casino has their own game. You can even bet for 1 satoshi for each spin.

Minimum deposit and withdraw I think depend each casino gambling platform and I found with sport betting casino platform have fewest cent ability for betting but they don't have any minimum for deposit. I checked with Stake there are not any minimum deposit but have rule for minimum withdrawing$2.5 for USDT coin and have paying $1 as fees transaction.

There are not problem for beginner or some one want to make funny about gambling platform by deposit small fund, but they have wager more and try lucky how to earn until minimum fund for withdrawing. I don't think with other gambling platform site, actually each gambling casino platform have difference minimum amount for deposit and withdrawing.

[TopTort777]

There are not problem for beginner or some one want to make funny about gambling platform by deposit small fund, but they have wager more and try lucky how to earn until minimum fund for withdrawing. I don't think with other gambling platform site, actually each gambling casino platform have difference minimum amount for deposit and withdrawing.

You mean that before withdrawing, gambler must wager his deposit? This looks unfair, because he can loose his deposit while wagering. But there is an explanation for such rule. With that, casinos protect themselves from money laundering. As some users use casinos like mixers. Deposit address is not withdrawal address. So some people deposit shady money and immediately withdraw clean. Mixers charge you from 0.03 to several percent, depend on amount you mix. Casinos charge you only withdrawal fee.

[Mahanton]

There are not problem for beginner or some one want to make funny about gambling platform by deposit small fund, but they have wager more and try lucky how to earn until minimum fund for withdrawing. I don't think with other gambling platform site, actually each gambling casino platform have difference minimum amount for deposit and withdrawing.

You mean that before withdrawing, gambler must wager his deposit? This looks unfair, because he can loose his deposit while wagering. But there is an explanation for such rule. With that, casinos protect themselves from money laundering. As some users use casinos like mixers. Deposit address is not withdrawal address. So some people deposit shady money and immediately withdraw clean. Mixers charge you from 0.03 to several percent, depend on amount you mix. Casinos charge you only withdrawal fee.

This is why we do see some users who do make out accusations that a casino is a scam because they cant able to pull out their deposit but in general terms and conditions which this is really a standard thing
and people should really know about this so that they wont really be looking like a fool which do make out accusations without knowing on whats the real thing.These casinos are regulated which means that they are really that abiding some laws and regulations which needs to be followed which means that money laundering would be always the main reason on why they are really putting up that wager requirement
for them to not let depositors do make use them as mixers of their funds.So wagering requirement would do its job.

[ethereumhunter]

Minimum deposit and withdraw I think depend each casino gambling platform and I found with sport betting casino platform have fewest cent ability for betting but they don't have any minimum for deposit. I checked with Stake there are not any minimum deposit but have rule for minimum withdrawing$2.5 for USDT coin and have paying $1 as fees transaction.

There are not problem for beginner or some one want to make funny about gambling platform by deposit small fund, but they have wager more and try lucky how to earn until minimum fund for withdrawing. I don't think with other gambling platform site, actually each gambling casino platform have difference minimum amount for deposit and withdrawing.

Yes, it will depend on each casino and having a low minimum withdrawal makes it easier for every gambler to withdraw their money so they don't have to wait until their balance reaches the minimum threshold to withdraw their money.

As for deposits, each casino also does not want to apply a minimum limit that is too high for gamblers because casinos realize that many small gamblers want to try their luck so this makes casinos allow small amounts of deposit. This also makes gamblers interested in depositing the minimum amount from the casino so they can immediately use it to play gambling. And if they lose, they can deposit a larger amount and sometimes get a bonus from the casino.

[leonair]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

It is good to know the minimum dollar deposit and withdrawal amount at a casino.  It keeps a lot of confusion out of your mind. As per my knowledge you can deposit minimum one dollar in any casino.  However, some casinos limit the withdrawal amount from $5 to $20.  For this, first of all, you need to carefully observe the regulations of the casino where you are going to gamble.  There you can see for yourself what the casino's minimum and maximum limits are

[Cryptomiles1]

I have seen a scenario where one gamble with cent and win millions, in a way that casino and gambling platform do not set their limit very low it would discouraged gamblers to source for another lower gambling sites that allows at least $0.9 as minimal deposit to gamble. Same thing applicable with the withdrawal limit as well.
So the best is for those online gambling site to reduce their depo/witd to minimal to encourage more users to join their platform.

[Ryker1]

^[snip]
So the best is for those online gambling site to reduce their depo/witd to minimal to encourage more users to join their platform.

I don't understand yet why there is a minimum upon withdrawal, it is okay for the deposit but I don't think in withdrawal, as long as you can cover the fees you can withdraw how small it is. Because that is your money even how small it is that is left in your wallet.
How many gambling casinos here did not have a minimum upon withdrawal? --can someone point me out of that casino?
However, this also brings marketing in your gambling casino, a gambler always prefers no minimum withdrawal because I am only a small-scale player which for the purpose of fun.

[Bushdark]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

You need to understand the reason why many of those casinos do make a decision on the minimum amount for deposit. Most time for new casinos, they do consider a minimum deposit amount of $5 to $1 because they were doing that to attract more gamblers to there casinos because some gamblers would always decide on testing the casino whether it worth using or not. This alone could attract potential gamblers to the casino.

Some casinos make there minimum deposit to be here because of the kind of game they have and also some of the casinos that has been in gambling for long would not mind increasing the minimum deposit higher than $10. It all depends on the project team involved.

[madnessteat]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

Low minimum deposit and withdrawal may encourage people to gamble or engage into such activity because to most of the things, capital is the problem. If it would be low, it will give them the opportunity to experience or play the games of their interest. I guess, some gambling sites has high minimum deposits to keep the accounts active and to kepp their players. My idea is in line with banks wherein there should be a specific amount in order to withdraw our savings; amount less than that won't do. Another consideration on my perspective is the tax and transaction fees which should be an additional amount to the minimum deposit or withdrawal. These are just guesses so feel free to correct me.

But I haven't encountered gambling sites which are requiring that much for the withdrawal and deposit amounts. Maybe it also depends on the platforms or casinos themselves.

I believe that the casino uses the minimum withdrawal in order to make the customer spend more money. After all, if a customer has funds in his account that he is unable to withdraw, he will either spend them or return to the same casino by making a deposit. In my opinion, this is something of a marketing move to retain the customer.

Another option I can suggest that the minimum withdrawal operates in order not to overload the system withdrawal casino. After all, with the introduction of the minimum possible withdrawal threshold number of requests for withdrawal is reduced. 

[Peanutswar]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

It is good to know the minimum dollar deposit and withdrawal amount at a casino.  It keeps a lot of confusion out of your mind. As per my knowledge you can deposit minimum one dollar in any casino.  However, some casinos limit the withdrawal amount from $5 to $20.  For this, first of all, you need to carefully observe the regulations of the casino where you are going to gamble.  There you can see for yourself what the casino's minimum and maximum limits are

Before playing a gambling casino the user must need to know what are the rules of it that are included with their FaQs and Terms & condition that's why reading is a must before making a deposit some of them make a complain just make a deposit and then play if they don't want anymore they want to withdraw in some cases freeze their account because of the possible problem with their activity like tag a suspicious account, in terms of deposit most of the time I saw casino making an offer with the minimum of 5 USD and allowing withdrawal with the 10 USD just most I see not of all casino offering this kind of limits.

[Plaguedeath]

IMO it's better for the casino set minimum deposit and withdrawal based on the coin equivalent rather than on fiat equivalent. This because let's say if the coin price is worth for $20/each now and the casino ask minimum deposit of $20, then I make a transaction to send this coin to the casino, but after 5 minutes later the price is drop to $17, so the casino can just reject my deposit since it's lower than the minimum.

If they're using coin equivalent, anyone wouldn't get this kind problem.

[Strongkored]

IMO it's better for the casino set minimum deposit and withdrawal based on the coin equivalent rather than on fiat equivalent. This because let's say if the coin price is worth for $20/each now and the casino ask minimum deposit of $20, then I make a transaction to send this coin to the casino, but after 5 minutes later the price is drop to $17, so the casino can just reject my deposit since it's lower than the minimum.

If they're using coin equivalent, anyone wouldn't get this kind problem.

One of the casinos where I play uses this method, but because I have never deposited a minimum amount only, so I have never experienced problems because usually I will make a deposit of at least 2x the minimum stated by the casino, and if we find a casino that does this, use the method I have mention is enough to avoid issues or at least 1.5 of the min deposit amount.
And actually if there is a casino that has a minimum deposit eg $1 it looks good for small players but it's not because players will not be able to do much with that amount other than just play for a while and lose it all because it is almost impossible to win big or play with a long run for such a small amount of money.

[Cryptomiles1]

^[snip]
So the best is for those online gambling site to reduce their depo/witd to minimal to encourage more users to join their platform.

I don't understand yet why there is a minimum upon withdrawal, it is okay for the deposit but I don't think in withdrawal, as long as you can cover the fees you can withdraw how small it is. Because that is your money even how small it is that is left in your wallet.
How many gambling casinos here did not have a minimum upon withdrawal? --can someone point me out of that casino?
However, this also brings marketing in your gambling casino, a gambler always prefers no minimum withdrawal because I am only a small-scale player which for the purpose of fun.

I think there have been a link which was shared about casino's and their fees including the kyc requirements.
what I believe is that, that are trying to reduce stress after removing their charges what could be left might not be up to process fee so I think there why they always set minimal withdrawal. All these are mostly applicable to Bitcoin Deposit & withdrawal

[virasisog]

IMO it's better for the casino set minimum deposit and withdrawal based on the coin equivalent rather than on fiat equivalent. This because let's say if the coin price is worth for $20/each now and the casino ask minimum deposit of $20, then I make a transaction to send this coin to the casino, but after 5 minutes later the price is drop to $17, so the casino can just reject my deposit since it's lower than the minimum.

If they're using coin equivalent, anyone wouldn't get this kind problem.

One of the casinos where I play uses this method, but because I have never deposited a minimum amount only, so I have never experienced problems because usually I will make a deposit of at least 2x the minimum stated by the casino, and if we find a casino that does this, use the method I have mention is enough to avoid issues or at least 1.5 of the min deposit amount.
And actually if there is a casino that has a minimum deposit eg $1 it looks good for small players but it's not because players will not be able to do much with that amount other than just play for a while and lose it all because it is almost impossible to win big or play with a long run for such a small amount of money.

High fees has really been a struggle for most gamblers for a long time already so we can't question those who are switching to other casinos that requires a lower minimum deposit and withdrawal. But as for me, if our budget is still tight and can't meet the minimum withdrawal amount, it's better if we will save for it first than to force things out. If our budget is not enough yet, that simply means that it isn't the right time for us to gamble. Meeting the minimum deposit with a reputable and trusted casino is better than risking in other casinos with low reputations but have lower minimum deposit amounts.

[Fullcoinese]

Meeting the minimum deposit with a reputable and trusted casino is better than risking in other casinos with low reputations but have lower minimum deposit amounts.

it will not apply to those who are already heavy gamblers. however, they want to play even if they don't have enough funds for them to deposit in a casino with a good reputation.
so they will divert their limited money to go to a casino that is currently having a promo, or a new casino that is holding interesting events for new members.

but anyway, what you say is the truth. gamble when we have the ability. if you don't have one, it's better to collect it first to play at a casino where we already know its reputation rather than trying a new casino that could make us lose our money without playing.

[coinerer]

IMO it's better for the casino set minimum deposit and withdrawal based on the coin equivalent rather than on fiat equivalent. This because let's say if the coin price is worth for $20/each now and the casino ask minimum deposit of $20, then I make a transaction to send this coin to the casino, but after 5 minutes later the price is drop to $17, so the casino can just reject my deposit since it's lower than the minimum.

If they're using coin equivalent, anyone wouldn't get this kind problem.

One of the casinos where I play uses this method, but because I have never deposited a minimum amount only, so I have never experienced problems because usually I will make a deposit of at least 2x the minimum stated by the casino, and if we find a casino that does this, use the method I have mention is enough to avoid issues or at least 1.5 of the min deposit amount.
And actually if there is a casino that has a minimum deposit eg $1 it looks good for small players but it's not because players will not be able to do much with that amount other than just play for a while and lose it all because it is almost impossible to win big or play with a long run for such a small amount of money.

High fees has really been a struggle for most gamblers for a long time already so we can't question those who are switching to other casinos that requires a lower minimum deposit and withdrawal. But as for me, if our budget is still tight and can't meet the minimum withdrawal amount, it's better if we will save for it first than to force things out. If our budget is not enough yet, that simply means that it isn't the right time for us to gamble. Meeting the minimum deposit with a reputable and trusted casino is better than risking in other casinos with low reputations but have lower minimum deposit amounts.

High transaction fee is not a problem for deposits and it does not increase the minimum deposit number.  However, the minimum number of withdrawals may vary due to higher transaction fees. And it depends on the rules of the casino site that the deposit and withdrawal numbers may difference  from each others site. it is normal matter.

[mvdheuvel1983]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts?

Speaking from experience, I wouldn't say it discourages the gambler rather it offers them a choice to either increase their budget or search online for casinos that are "pocket friendly". That is, there is a low to medium deposit fee that works perfectly for them.

If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble?

Well, I have responded earlier, not all casinos have a pocket friendly deposit limit that is as low as $1. Becasue casino aim to be profitable and attract new clients, you may likely see new casinos with minimum deposits as low as $1. However, I doubt if well-established casinos will accept a dollar as the minimum deposit limit. It may start from $5 or $10.

Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

The goal is to gamble more. And won't you if you already won $15 and the minimum withdrawal limit is $20?. Of course you will.

[panjul07]

IMO it's better for the casino set minimum deposit and withdrawal based on the coin equivalent rather than on fiat equivalent. This because let's say if the coin price is worth for $20/each now and the casino ask minimum deposit of $20, then I make a transaction to send this coin to the casino, but after 5 minutes later the price is drop to $17, so the casino can just reject my deposit since it's lower than the minimum.

If they're using coin equivalent, anyone wouldn't get this kind problem.

I believe casinos with such system are already know what to do with such possible situation and will still process your deposit.
If they cant process it, reputable casinos will send your money back to your wallet or maybe there is one other possible way which is to send more coin to make it $20.
However I think the first case is the one that will be done by reputable casinos, price change is not our responsibility so if the value of our coin is dropped just after we send it, then we cant talk to the support of the casino.

[famososMuertos]

^[snip]
So the best is for those online gambling site to reduce their depo/witd to minimal to encourage more users to join their platform.

I don't understand yet why there is a minimum upon withdrawal, it is okay for the deposit but I don't think in withdrawal, as long as you can cover the fees you can withdraw how small it is. Because that is your money even how small it is that is left in your wallet.
How many gambling casinos here did not have a minimum upon withdrawal? --can someone point me out of that casino?
However, this also brings marketing in your gambling casino, a gambler always prefers no minimum withdrawal because I am only a small-scale player which for the purpose of fun.

We are in the crypto environment, right? so a bet of less than a penny must exist, one of the things that has made me bet on traditional casino games is the possibility of betting or having a smaller bet size than in a traditional casino, that's the idea wonderfull to the cripto Casino.

Let's not get the wrong idea of thinking that with a $10 deposit you can get $100 (withdraw), it happens but it is not the average, now in a crypto-casino, so given the size of the bet offered by the casino, let's say that the average to achieve get $100 and then withdraw It doesn't vary much in your success rate, but since there are casinos that allow bets of $0.001 (or less) your stay on the way to achieve is longer.

So, it is not about how much deposit is allowed, but about the size of the bet that the casino allows, $10 in a casino with minimum bets of $0.1 is useless, you must deposit at least $100.

Then don't check the minimum deposit, check how much is the minimum bet that the casino allows and in this case the crypto casino have is a huge advantage in reference to Fiat casinos.

[Zlantann]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

High minimum deposits would discourage gamblers from playing games because most people might not be able to afford them. That's also the case of high withdrawals because most gamblers would always want to withdraw as low as possible. Gamblers that have to follow their budget or financial plans strictly, then they should always read or study the terms of service of these casinos to ascertain if it is compatible with their budget. These rules concerning deposit or withdrawal limits might influence a gambler if he is loyal to or like a particular gambling company. If you feel their rules are not comfortable, instead of changing your behavior change the gambling firm.

[Cryptomultiplier]

A lot of reasons would be given and made possible just to see more gamblers patronize an online casino. The low or minimum deposit of less than $1, is more or less a coy to attract gamblers looking for low budget but sure wins.
Many persons using such sites with this fee know it is just to lure you in, whether you get to stay depends on other factors after this deposit has been made.
Same strategy it is for minimum withdrawal, the least amount isn't yours to claim in form of withdrawal but to stake less chargeable games  with less fees and also cushion whatever funds is added.

[Casdinyard]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

As far as I know, minimum deposit and withdrawals are parameters set by the gambling house to ensure that what they are dealing with is human, and is not a hacker who tries to make profit out of their house. Now in the case of whether these limits connote something on the side of the gambler, or in this case a would-be-gambler, then it highly depends on the outlook of that person. There's no singular answer to whether they'd think the house is forcing them to gamble more, or the house is making them gamble regardless of whatever amount they have, coz at the end of the day if they want to gamble they will gamble, and frankly enough if you are on a tight budget that you can only afford to gamble 10 bucks or less I would highly suggest you don't waste it on gambling.

[pixie85]

IMO it's better for the casino set minimum deposit and withdrawal based on the coin equivalent rather than on fiat equivalent. This because let's say if the coin price is worth for $20/each now and the casino ask minimum deposit of $20, then I make a transaction to send this coin to the casino, but after 5 minutes later the price is drop to $17, so the casino can just reject my deposit since it's lower than the minimum.

If they're using coin equivalent, anyone wouldn't get this kind problem.

I don't see a problem with dollar value as long as they keep the minimum deposit and withdrawal very low.
It's understandable they don't want to keep processing dust transactions otherwise people would spam them with $2 deposits all day, especially people from very poor countries where $1 has a real value.

Setting minimum deposit and withdrawal at $20 is pretty high, unless they aren't accessible on global scale. Many people earn less than $10 a day, so $20 deposit requirement is pretty high.

If you don't want to face the problem of constant price changes you can use bitcoin. Its value usually doesn't change that much on an hourly basis and 10% drops are rare.

[milewilda]

IMO it's better for the casino set minimum deposit and withdrawal based on the coin equivalent rather than on fiat equivalent. This because let's say if the coin price is worth for $20/each now and the casino ask minimum deposit of $20, then I make a transaction to send this coin to the casino, but after 5 minutes later the price is drop to $17, so the casino can just reject my deposit since it's lower than the minimum.

If they're using coin equivalent, anyone wouldn't get this kind problem.

I don't see a problem with dollar value as long as they keep the minimum deposit and withdrawal very low.
It's understandable they don't want to keep processing dust transactions otherwise people would spam them with $2 deposits all day, especially people from very poor countries where $1 has a real value.

Setting minimum deposit and withdrawal at $20 is pretty high, unless they aren't accessible on global scale. Many people earn less than $10 a day, so $20 deposit requirement is pretty high.

If you don't want to face the problem of constant price changes you can use bitcoin. Its value usually doesn't change that much on an hourly basis and 10% drops are rare.

But if they would stick into a fixed amount in usd value then bitcoin value would sudden change and if ever it would be that fixed then it would neither be lower or higher on the said threshold
which it could neither be a good thing or bad specially when you are a small scale type of gambler.Most of the time these limits arent really that something a bothersome specially to those
who are big bettors or who do have huge funds.This is usually can be seen up into those people who are really that making minimum deposits and withdrawals but its true
that having lower is much more preferable.

[Fortify]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

It can be a lot easier to get a million people to throw away one dollar than to find a millionaire who will hand over a million in one go, as someone as put more eloquently in the past. A dollar minimum is likely in place due to blockchain transaction fees that get proportionally more expensive the lower you go. However a dollar can definitely have a lot of different value depending on the country you are in, for example $5 an hour in Pakistan might be considered a substantial wage compared to the average salary, however it would be rejected by workers in almost every European country as far too low. That's because there are different costs of living, pricing of products and availability in the labor pool. So if a casino accepts lower amounts they might see more gamblers from different countries who have less to spend and accrue more earnings that way.

[Lida93]

For any gambling company to mark out a minimum amount for deposit then that means they must have already made a name, more like gotten a popular brand in the market with a wide patronage too. No gambling company would want to put up a minimum amount that would look discouraging to new customers when they are just starting business and need high patronage, not until they must have gotten the level of customers they had wanted then some rules would now start changing so to condition their customers, maybe to mitigate unnecessary in and out influx.

[harizen]

So if a casino accepts lower amounts they might see more gamblers from different countries who have less to spend and accrue more earnings that way.

Most casinos I believed do have a lower minimum deposit amount and users should have no problem dealing with it.

The question is, what range of amount is considered as a low amount? $5? $2? $1?

If these people will just deposit that kind of amount, better just try their luck, not on online casinos. The casino shouldn't adjust for anything regarding the minimum deposit amount if the set amount is kind of fair already. Again, as far as local fiat casinos are concerned, especially here, the average minimum deposit amount I'm seeing is around $3 to $4.

[AmoreJaz]

So if a casino accepts lower amounts they might see more gamblers from different countries who have less to spend and accrue more earnings that way.

Most casinos I believed do have a lower minimum deposit amount and users should have no problem dealing with it.

The question is, what range of amount is considered as a low amount? $5? $2? $1?

If these people will just deposit that kind of amount, better just try their luck, not on online casinos. The casino shouldn't adjust for anything regarding the minimum deposit amount if the set amount is kind of fair already. Again, as far as local fiat casinos are concerned, especially here, the average minimum deposit amount I'm seeing is around $3 to $4.

most crypto casinos that i've seen here has about $5 of min deposit, otherwise, check the ToS of the site and look for the min deposit/withdrawal section. because if you happen to deposit below their min deposit, it won't be credited or worse they will just collect the money.

[Jemzx00]

So if a casino accepts lower amounts they might see more gamblers from different countries who have less to spend and accrue more earnings that way.

Most casinos I believed do have a lower minimum deposit amount and users should have no problem dealing with it.

The question is, what range of amount is considered as a low amount? $5? $2? $1?

If these people will just deposit that kind of amount, better just try their luck, not on online casinos. The casino shouldn't adjust for anything regarding the minimum deposit amount if the set amount is kind of fair already. Again, as far as local fiat casinos are concerned, especially here, the average minimum deposit amount I'm seeing is around $3 to $4.

Actually, most online casino rarely offers minimum deposit amount and even if they do, they are fairly low which are valid and acceptable for everyone. I guess, this also varies depending on the games that these casino offers where you can only bet a certain amount which if a user tries to deposit a small amount, they won't be able to play anything on the platform.

In terms of local casinos, I've seen fairly lower deposit amount much lower than that like 0.5-2 dollars and they allow it as some slots are available to be played on a much lower amount.

[goinmerry]

So if a casino accepts lower amounts they might see more gamblers from different countries who have less to spend and accrue more earnings that way.

Most casinos I believed do have a lower minimum deposit amount and users should have no problem dealing with it.

The question is, what range of amount is considered as a low amount? $5? $2? $1?

If these people will just deposit that kind of amount, better just try their luck, not on online casinos. The casino shouldn't adjust for anything regarding the minimum deposit amount if the set amount is kind of fair already. Again, as far as local fiat casinos are concerned, especially here, the average minimum deposit amount I'm seeing is around $3 to $4.

most crypto casinos that i've seen here has about $5 of min deposit, otherwise, check the ToS of the site and look for the min deposit/withdrawal section. because if you happen to deposit below their min deposit, it won't be credited or worse they will just collect the money.

Therefore, users have to deal with the minimum deposit set by the site and don't ask for a much lower amount.

They are the ones who need to adjust if they really want to gamble with that small amount.

Actually, it's not the minimum deposit amount they should be worried about but to expect some casino games to allow lower bet amounts.

[rodskee]

So if a casino accepts lower amounts they might see more gamblers from different countries who have less to spend and accrue more earnings that way.

Most casinos I believed do have a lower minimum deposit amount and users should have no problem dealing with it.

The question is, what range of amount is considered as a low amount? $5? $2? $1?

If these people will just deposit that kind of amount, better just try their luck, not on online casinos. The casino shouldn't adjust for anything regarding the minimum deposit amount if the set amount is kind of fair already. Again, as far as local fiat casinos are concerned, especially here, the average minimum deposit amount I'm seeing is around $3 to $4.

most crypto casinos that i've seen here has about $5 of min deposit, otherwise, check the ToS of the site and look for the min deposit/withdrawal section. because if you happen to deposit below their min deposit, it won't be credited or worse they will just collect the money.

but considering that idea isn't that bad at all I believe because the casino owners targeted bettors of all kind and not those who can afford they set deposit amount and besides there are many casino that also offers that low so maybe considering isn't that bad at all?
but year it is their business and its their way how to handle it.

[TopTort777]

When speaking about minimum withdrawal, dont forget about gambling platforms future promotions. When casinos run promotion programs, they dont give huge bonuses for easy tasks. If a player receives  several bucks as a promotional bonus, and minimum withdrawal is 20, first thing he think about is how greedy and cheating that platforms is. Most likely he will never return there again.

There is always another vision - the idea of promotion could be following: user should add a bit of his own funds to withdraw promotional bonus. Such thing might also play bad, as forcing user do something, extra steps, never helps business.

[darewaller]

Just from your illustration, one needs not to be told that minimum deposit and withdrawal have a very great role to play especially for new casinos who are trying to stay relevant in the industry.
Your illustration also stated that, the player was a newbie on that very casino and has a budget and I guess his budge was because he first wanted to test how good the casino would be when it comes to deposit and withdrawal and these are the first two things I have to think of before hopping into a gambling site because I wouldn't want a situation where it seems I got lured into the site with minimum deposit and when it gets to withdrawal, it then becomes very difficult to withdraw.
Minimum deposit and withdrawal has a great role to play in online casinos.

Indeed but I think many of them still underestimate it but they instead focus on other things which they think more beneficial for their success. They will come to a point where they still fail and they still haven't figured out that the problem maybe because of their minimum deposit and withdrawals.

Testing the site first is important so that we will avoid getting screwed in case there are some bugs and glitches but there is no way we will deposit big amounts only for this purpose because what if the casino is a scam? They can offer faucets and free credits but there are other requirements that can come along with them. The feeling is still different if we deposit using our own money.

[Crypt0Gore]

It makes no sense to implement minimum deposit if you are running a crypto gambling or casino platform, this is a big turn off for me because I take risks with very little amount that won't hurt even if I lose it, till this day I still hate Binance exchange for forcing me to have at least 10$ worth of coin or token before you can trade on the platform.

[Bushdark]

For any gambling company to mark out a minimum amount for deposit then that means they must have already made a name, more like gotten a popular brand in the market with a wide patronage too. No gambling company would want to put up a minimum amount that would look discouraging to new customers when they are just starting business and need high patronage, not until they must have gotten the level of customers they had wanted then some rules would now start changing so to condition their customers, maybe to mitigate unnecessary in and out influx.

What I am more familiar with was Maximum deposit or amount you can use to make bet but taking a long on gambling platform that do restrict a particular amount which a gambler can use to gamble is not a good business techniques. Good and ambitious gambling platform would put the minimum amount to the lowest so that it will be flexible for gamblers to bet at a range that is more convenient for them withiut otherwise. Every gamblers know what they can afford even with the minimum amount gamblers are expected to use and bet.

[Peanutswar]

It makes no sense to implement minimum deposit if you are running a crypto gambling or casino platform, this is a big turn off for me because I take risks with very little amount that won't hurt even if I lose it, till this day I still hate Binance exchange for forcing me to have at least 10$ worth of coin or token before you can trade on the platform.

I guess still ideal to have in favor with the maximum bet but of course in depends on your tier like they can identify if you are a really  a whale gambler or not but at the end of the day its in favour of the gambling casino with that large amount of deposits and withdrawals, another thing is some of the slot games offering a low amount of wages so you can drain your wallet whenever you want most likely only those in the table games have the base of 5-10$ minimum wage.

[maydna]

For any gambling company to mark out a minimum amount for deposit then that means they must have already made a name, more like gotten a popular brand in the market with a wide patronage too. No gambling company would want to put up a minimum amount that would look discouraging to new customers when they are just starting business and need high patronage, not until they must have gotten the level of customers they had wanted then some rules would now start changing so to condition their customers, maybe to mitigate unnecessary in and out influx.

It could be, but we have seen many gambling companies with a minimum deposit that we must follow. These minimum deposit amounts are affordable for small gamblers so they can deposit their funds and start playing. And I think there are new companies that charge a minimum amount to attract more gamblers and not make it a burden to people who want to try gambling on their site. And it's unlikely they will change the minimum deposit amount as their members are comfortable doing so. If the casino changes it, they will get a lot of complaints from their members because they already get the fun and comfort of playing gambling in their casino. This is what casinos should be aware of before they change their rules.

[noormcs5]

For any gambling company to mark out a minimum amount for deposit then that means they must have already made a name, more like gotten a popular brand in the market with a wide patronage too. No gambling company would want to put up a minimum amount that would look discouraging to new customers when they are just starting business and need high patronage, not until they must have gotten the level of customers they had wanted then some rules would now start changing so to condition their customers, maybe to mitigate unnecessary in and out influx.

It could be, but we have seen many gambling companies with a minimum deposit that we must follow. These minimum deposit amounts are affordable for small gamblers so they can deposit their funds and start playing. And I think there are new companies that charge a minimum amount to attract more gamblers and not make it a burden to people who want to try gambling on their site. And it's unlikely they will change the minimum deposit amount as their members are comfortable doing so. If the casino changes it, they will get a lot of complaints from their members because they already get the fun and comfort of playing gambling in their casino. This is what casinos should be aware of before they change their rules.

The gambling houses usually put a minimum deposit on the site as they do not want people to deposit very little amount like 10 or 20 satoshi etc. However i agree if the motive of the gambling site is to prevent very small deposits on the site but the minimal deposit should not be a big amount like 30$ or 50$.
If the minimum deposit is more, it will discourage deposit for not only gamblers who have less money but also the gamblers who want to try the particular site for the first time, they will hesitate to play at those gambling sites.

[BobK71]

Now the competition of the gambling company has increased a lot. A decade ago, I saw the restriction on gambling, where the minimum deposit and with draw were more comparable to this time. However, at present some gambling platform has become flexible in this condition. I think both sides are benefiting in this case. A gambler who have not enough money or less he gets the opportunity to play with a little deposit, while the owners of the gambling company are also benefiting. If a gambler wants to break from the gamble, he can return to gambling again with a little money. I think it is a advantage of the gambling company.

[Shamm]

Now the competition of the gambling company has increased a lot. A decade ago, I saw the restriction on gambling, where the minimum deposit and with draw were more comparable to this time. However, at present some gambling platform has become flexible in this condition. I think both sides are benefiting in this case. A gambler who have not enough money or less he gets the opportunity to play with a little deposit, while the owners of the gambling company are also benefiting. If a gambler wants to break from the gamble, he can return to gambling again with a little money. I think it is a advantage of the gambling company.

Yes you are right that mate both the gamblers and the owner of the casino can benefits this kind of less deposit value as we all know there are many people who want to play gambling but they have small extra money to play with so the logic here is that the owner of the casino chasing that kind of gamblers who can help his casino more popular and there's a chance to have many players. Because that gambler know the minimum deposit then he will tell his friends to try that casino and play together.

[armanda90]

Yes you are right that mate both the gamblers and the owner of the casino can benefits this kind of less deposit value as we all know there are many people who want to play gambling but they have small extra money to play with so the logic here is that the owner of the casino chasing that kind of gamblers who can help his casino more popular and there's a chance to have many players. Because that gambler know the minimum deposit then he will tell his friends to try that casino and play together.

Have unique with gambling platform about amount deposit and withdrawing to make gambler interested try their lucky there, almost all gambling platform not having minimum required for deposit fund but they have limit for withdrawing fund there. Become benefit for the owner or casino gambling because when gambler reached profit they have maximum wager to earn minimum fund wihdrawing.

There are speculation after winning with small fund deposit have make several time wager push up fund reach minimum for withdrawing but lately they loss and the gambling platform owner get benefic with this rule.

[erep]

There are speculation after winning with small fund deposit have make several time wager push up fund reach minimum for withdrawing but lately they loss and the gambling platform owner get benefic with this rule.

I assume that is the reason every casino does limit minimum deposit and specifies limits for withdrawal, low deposit only for few bets and average gambler will spend those funds to increase bet after losing many times in each game, so casino owner will greatly benefit from deposit low because it is impossible from a low bet to recover losses, so gamblers will deposit again the next day because they have limited funds for daily gambling. but if you enjoy gambling for entertainment then don't care about withdrawals because they want to play gambling during their free time and don't expect withdrawals even when the balance has reached the limit for submitting withdrawals.

[coolcoinz]

For any gambling company to mark out a minimum amount for deposit then that means they must have already made a name, more like gotten a popular brand in the market with a wide patronage too. No gambling company would want to put up a minimum amount that would look discouraging to new customers when they are just starting business and need high patronage, not until they must have gotten the level of customers they had wanted then some rules would now start changing so to condition their customers, maybe to mitigate unnecessary in and out influx.

There are other explanations, for instance they want people to avoid spamming their wallet with micro transactions. Such transactions would then be considered lost according to their TOS, making the spammer lose all the money. In particular a competing casinos, especially when both are relatively small, might want to do this to later have grounds to send them tickets about dust transactions not being visible on their accounts or not being processed fast enough. There's many ways in which you can make people's lives more miserable, so I understand the need to establish minimum deposits. They don't have to be big, in most cases just $5 is enough to discourage spam and it doesn't affect the players.

[seoincorporation]

There is always another vision - the idea of promotion could be following: user should add a bit of his own funds to withdraw promotional bonus. Such thing might also play bad, as forcing user do something, extra steps, never helps business.

I don't think that's a bad move, making the users deposit is a good way to avoid abusers, if the casino offers free money without asking any depo there are a lot of smart guys who will open a lot of accounts and start farming the site. I have seen that happening a lot of times in the past and didn't have a happy end for the casinos'.

[capedbaldy]

I don't think that's a bad move, making the users deposit is a good way to avoid abusers, if the casino offers free money without asking any depo there are a lot of smart guys who will open a lot of accounts and start farming the site. I have seen that happening a lot of times in the past and didn't have a happy end for the casinos'.

Many casinos have improved account tracking of bad users who farmed accounts to get bonuses from promotions, the problem of farming accounts has been solved and another way that many casinos have asked for KYC as another way to prevent farming accounts. But many gamblers expect lower withdrawal minimums so that low fund gamblers can withdraw their funds after a few small wins.

[Hispo]

-snip-

I don't think that's a bad move, making the users deposit is a good way to avoid abusers, if the casino offers free money without asking any depo there are a lot of smart guys who will open a lot of accounts and start farming the site. I have seen that happening a lot of times in the past and didn't have a happy end for the casinos'.

Correct, bonus abusers will find a way to get free money out the casino and prompting the administration of the service to lock accounts, halt withdrawals, massively ask for KYC. etc.
It could even devolve into a case which affects people who did not even claim bonuses or even worse the closure of the casino.
Casinos are businesses and no business benefits from giving money away. So it is fair there are some requirements to claim those bonuses or take advantage of them.

[BitcoinAccepted]

Players often do not think about a minimum deposit. I think that most serious gamblers immediately deposit an amount that is well over. More interesting and important are the payouts and then the limits especially for the maximum. Minimal is also not really interesting, because many gambling sites have few conditions anyway. I also don't think a player would cash out a $2 payout quickly. But of course every gambling site has its own policy on this. There are also gambling sites that have no policy at all. Maximum payouts are often written in the rules, but there is also such a thing as maximum winnings that scam sites work with so that they can withdraw the winnings from a player's account.

[Lanatsa]

Someone with a strict budget of gambling with $10, decides to start online gambling after been told by a friend, but on signing up discovers that the minimum deposit accepted is above the amount budgetted for gambling. Does high minimum deposit fees from online casino discourage gamblers who want to stick to a budget and influences them to gamble with bigger amounts? If yes, and that perhaps is a reason behind many other online casinos keeping their minimum deposits as low as $1, Could low minimum deposit be an encouragement for people to come gamble regardless of the money they have to gamble? Does minimum withdrawal encourage players to try again and keep gambling if they don't win up to the minimum withdrawal?

It depends on their approach because there are ones who could easily make out some adjustment if ever they wouldnt be able to make a deposit below on what a site do have in speaking with their minimum

deposit or withdrawal, but most of them arent really that far off.If they would really be just tending to deposit $1 then it wont be that worth.Why? thinking up with the network fees alone which
it wont really be that sufficient nor enough for you to have something left for you to gamble.So most platforms wont really be wasting up their time on allowing $1 deposits
due to some factors which i should say that it is really just right.

[Fredomago]

-snip-

I don't think that's a bad move, making the users deposit is a good way to avoid abusers, if the casino offers free money without asking any depo there are a lot of smart guys who will open a lot of accounts and start farming the site. I have seen that happening a lot of times in the past and didn't have a happy end for the casinos'.

Correct, bonus abusers will find a way to get free money out the casino and prompting the administration of the service to lock accounts, halt withdrawals, massively ask for KYC. etc.
It could even devolve into a case which affects people who did not even claim bonuses or even worse the closure of the casino.
Casinos are businesses and no business benefits from giving money away. So it is fair there are some requirements to claim those bonuses or take advantage of them.

There's no businessowners on their right minds would really be giving out something into public or into the players for completely free without getting some benefits way back because its never been worth on doing so.
They are running a business and not a charity which it would be understandable that they would really be putting up some terms and conditions before you could make yourself able to pull off some withdrawal or not but most of the time due to the requirement then it wont really be something simple or easy for you to do so, and this is why lots of people are really not that interested to deal off with bonuses.
Completely free money do sounds unrealistic which pertains or do talks about having no terms and can be simple pull it out, it cant just happen.

Not a charity but a business that will work for them if ever they will find the right way to market the business, I see your point and it's true casino owners will not just give you that promise bonuses without doing anything, it's their way to attract new users and they will do everything to allure people to use the platforms, it will serve as give and take, they will let you use the bonuses and try some luck, in hope that once a gambler enjoy the game, they will come back and deposit more funds.

A marketing strategy that always has corresponding benefits for the business, else, they will just give money for nothing and it's not the goal of each bonus but to make it as a working tool to bring more users around the house.