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Author Topic: Minimum deposit and minimum withdrawal.  (Read 1650 times)
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January 19, 2023, 07:08:40 PM
 #201

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'.

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January 19, 2023, 08:21:36 PM
 #202

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.

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January 19, 2023, 08:22:18 PM
 #203

-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.

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January 19, 2023, 08:44:05 PM
 #204

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.

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January 19, 2023, 09:36:27 PM
 #205

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.

R


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January 19, 2023, 09:37:45 PM
 #206

-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.

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