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Author Topic: A costly gambling mistake  (Read 736 times)
GxSTxV
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March 13, 2023, 09:41:19 PM
 #61

The most popular mistake that newbies make with online casinos is avoiding the rules and regulations, not all online casinos will put up a warning sign on their first page and say 👇

"New users are welcome, please read our rules and regulation before making your first deposits"

You have to look for the website FAQ and go through it first, I have seen some newbies that avoid doing this has they ended up shooting themselves in the foot.

Some even start spreading FUD on the forum about these gambling platforms that did them wrong, not knowing that they are the ones at fault, they are guilty because they don't read the rules and regulations.

I must admit that I myself had an issue with online gambling during my first few days. I remember not being very knowledgeable about the casino rules and never tried to read them tbh so I unwittingly agreed to them when I signed up my account. As a result I played several times at the casino without actually knowing the rules at all about bonuses which i always activate for my deposits. Until one day I made a deposit and received a bonus after playing a slot game. I made some profits, but I didn't know about the wagering rules for bonuses. Whenever I attempted to withdraw my profits, they were canceled causing me to believe that it was a scam. Because of that I never returned to the casino. However a few days later I decided to contact their support and realized how naive I was.
This should be a lesson and an advice too especially for people who get asked for KYC process when they try to withdrew money. It’s not that the casino is a scam you first need to know the rules of KYC.

.
.Duelbits.
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Jossque
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March 13, 2023, 09:45:58 PM
 #62

In fact, this should apply to everyone, not just beginners. Because each site has its own rules. The rules of one site and another site do not have to be the same. Taking this into consideration, you need to know your risk and what you can do from the beginning. There are sites that I know people prefer directly because the design of the site is beautiful and provides convenience. My close friends also do this. Well, when I ask if you have read the rules of the site, I get the answer no. When this happens, it is likely that these rules are not read at first and when something happens to you according to the situation, the site is likely to come out right.

R


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taufik123
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March 13, 2023, 10:35:30 PM
 #63

The FAQ is the first guide that really must be understood. it will refer to the updates that are applied as well as some rules that concern privacy issues.

All online gambling sites have their own FAQ. Most do ignore not to read it, not even beginners, those who have been in gambling for a long time also do not realize that they have missed checking the FAQ.

In the FAQ there is also a list of prohibited countries, and that is the reason some countries do not access the gambling page and must use a VPN to access it.

-snip-
This should be a lesson and an advice too especially for people who get asked for the KYC process when they try to withdraw money. It’s not that the casino is a scam you first need to know the rules of KYC.
KYC applied to gambling sites today seems to be quite evenly distributed. Almost all gambling sites apply KYC to make withdrawals.
Not because they want to collect user data, but because they follow government regulations so as not to become a place for laundering criminal money.

But you need to be careful, because some fake gambling sites take advantage of this rule to collect user data and misuse it for their penetration.
For users who are really concerned about privacy, it is worth considering using casinos that implement KYC.

R


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Wiwo
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March 13, 2023, 10:38:40 PM
 #64

In fact, this should apply to everyone, not just beginners. Because each site has its own rules. The rules of one site and another site do not have to be the same. Taking this into consideration, you need to know your risk and what you can do from the beginning. There are sites that I know people prefer directly because the design of the site is beautiful and provides convenience. My close friends also do this. Well, when I ask if you have read the rules of the site, I get the answer no. When this happens, likely, these rules are not read at first and when something happens to you according to the situation, the site is likely to come out right.
Exactly, the assumption of the fact is what have led thasny issues today, because gamblers believe the terms and conditions of casinos are the same, so they bring in the mentality from casino A to B even though A is different from B in some aspects and functionality.

-So it is important to read each term and conditions properly before venturing into any casino because their all have their own peculiar conditions that make up for their term of service.
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March 13, 2023, 10:45:34 PM
 #65

Most of the people who is a gambler I've basically know that without going through the conditions of a platform or casino you might be involved into your problem in due time concerning kyc verification or kyc documentation of their account some platforms scam people or take away the forms of people through kyc condition of verification which people who patronize them have a nut dumb or come across the terms and condition of the platform before joining it

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March 13, 2023, 10:45:38 PM
 #66

Not because they want to collect user data, but because they follow government regulations so as not to become a place for laundering criminal money.
But you need to be careful, because some fake gambling sites take advantage of this rule to collect user data and misuse it for their penetration.
For users who are really concerned about privacy, it is worth considering using casinos that implement KYC.

Indeed my friend the gambling industry has grown significantly over the past few years resulting in an increase in money laundering cases using casinos. This is due to the simple process involved as many people resort to selling or faking documents to pass the KYC process.
Some peopple may question why a casino would allow players to play and deposit without requesting documents, but only ask for them during withdrawal. The answer is quite simple, casinos require this process, and there is no escaping it.
Additionally, asking for these documents during registration or deposit would be pointless, as most people end up losing against the house, making it a waste of the casino's resources. For non-KYC casinos itis important to exercise caution when depositing large amounts of money.

.
.Duelbits.
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Oilacris
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March 13, 2023, 11:24:50 PM
 #67

The most popular mistake that newbies make with online casinos is avoiding the rules and regulations, not all online casinos will put up a warning sign on their first page and say 👇

"New users are welcome, please read our rules and regulation before making your first deposits"

You have to look for the website FAQ and go through it first, I have seen some newbies that avoid doing this has they ended up shooting themselves in the foot.

Some even start spreading FUD on the forum about these gambling platforms that did them wrong, not knowing that they are the ones at fault, they are guilty because they don't read the rules and regulations.
If its your first time then it would really be ending up on a costly mistake but if it turns out that you have done gambling for some time and still missing out on reading up TOS but havent didnt still face up some issues then you are in luck because issues and violations could be thrown up easily on you.This is why its really that important that you should really avoid any violations so that you wont really be ending up on having those funds locked.

Well, people do learn up lessons on unfortunate ways or conditions and not the realistic way on approaching on risky things.

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March 13, 2023, 11:32:14 PM
 #68

Most people hardly read the terms and conditions of a gambling site, most of them believe it’s kind of much and they already know things that might be in the terms and conditions, they believe the terms and conditions is of no use so they just end-up click on accept even without reading. Some gamblers do break the terms and conditions and whenever there accounts are compromised, that’s when they will start regretting why they didn’t read the terms and conditions.

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March 13, 2023, 11:39:11 PM
 #69

Terms and policies of casinos should be reviewed every once in a while because most times they can get updated to change a few things, just like most non-casinos platforms do. Reading casino rules is not just for gambling newbies; most people who are already into gambling sometimes decide to register a new casino platform just to try it out, and they also forget to read the rules at times.

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March 14, 2023, 01:50:04 AM
 #70

This is only when gamblers are faced with difficulties on that platform, is when they will go back and start to read the T&C of the casino. I don't know why it is always like that. Though, some casinos don't keep  to their T&C,or they might change it after registration to avoid paying big wins to gamblers.

It is very important that during sign up,the T&C should not be ignored but should be carefully read,so that you can have a proper understanding of the platform to know if you will continue with your registration or not. Instead of wrong accusations on the casino,which was caused by your ignorant.

I never read the T&C, it is something that has affected me because of what they have to do with the kyc, it is something that I do not like to do, especially when you are an immigrant and you do not have the invoices in your name but in the name of the people who It rents you where you live, it is for that reason that I don't like it and I don't like taking bonuses because it's more difficult to win and although the main attraction of a casino is to have fun, I'm looking to win because I don't have money to give away, Sports betting is where you have the most option.
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March 14, 2023, 03:19:07 AM
 #71

It is very rare for people who want to register at a casino to take the time to read the rules in the casino.
Most of them visit a casino because they see an interesting promotion and immediately register if they don't have an account there.
And yes, that's the most common mistake people make but after we get into trouble, we read the rules and find we are wrong because we didn't read the rules.
But we keep defending ourselves by saying that we are not wrong and want to withdraw the money we have earned.
This must be changed because it is for our own good so that by reading the rules in the casino, we can know about everything and even we will not violate the rules when we want to get that promotion.

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March 14, 2023, 03:26:44 AM
 #72

You have to look for the website FAQ and go through it first, I have seen some newbies that avoid doing this has they ended up shooting themselves in the foot.
Not just the FAQ but also their TOS where you can find their rules in general and become aware of it. That's important before starting to use the casino. But unfortunately many newbie gamblers forget this step before they play then will file a complaint thinking they were cheated by the casino not knowing they violated a specific rule.

If you don't want to face problem then exert some effort to do a research about the casino and read their TOS. It's not hard yet most of us failed to do so.

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March 14, 2023, 03:42:13 AM
 #73

-snip-
Additionally, asking for these documents during registration or deposit would be pointless, as most people end up losing against the house, making it a waste of the casino's resources. For non-KYC casinos itis important to exercise caution when depositing large amounts of money.
If ask for personal data documents at the start of registration, of course, no one will register and miss the opportunity to be able to enter the casino.
This is not good for the development of online casinos.

In the beginning, you only have to fill in your username and email, after that the account will be active.
But if we as casino users are more careful to want to read the FAQ or Privacy Policy, then it will be explained there that users who wish to make a deposit must include KYC, or there is a certain amount that requires them to deposit KYC (each online casino policy is different).

and for casinos that don't implement any KYC, you need to consider it, and see the testimonials first, so you don't get caught in a scam casino.

R


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March 14, 2023, 04:38:36 AM
 #74

The most popular mistake that newbies make with online casinos is avoiding the rules and regulations, not all online casinos will put up a warning sign on their first page and say 👇

"New users are welcome, please read our rules and regulation before making your first deposits"

You have to look for the website FAQ and go through it first, I have seen some newbies that avoid doing this has they ended up shooting themselves in the foot.

Some even start spreading FUD on the forum about these gambling platforms that did them wrong, not knowing that they are the ones at fault, they are guilty because they don't read the rules and regulations.

I must admit that I myself had an issue with online gambling during my first few days. I remember not being very knowledgeable about the casino rules and never tried to read them tbh so I unwittingly agreed to them when I signed up my account. As a result I played several times at the casino without actually knowing the rules at all about bonuses which i always activate for my deposits. Until one day I made a deposit and received a bonus after playing a slot game. I made some profits, but I didn't know about the wagering rules for bonuses. Whenever I attempted to withdraw my profits, they were canceled causing me to believe that it was a scam. Because of that I never returned to the casino. However a few days later I decided to contact their support and realized how naive I was.
This should be a lesson and an advice too especially for people who get asked for KYC process when they try to withdrew money. It’s not that the casino is a scam you first need to know the rules of KYC.

    Like you, I also experienced the same thing that I didn't immediately read their rules and practices that they have. The only difference between us is that the casino I entered was very good and I didn't have any problems even when I was withdrawing my winnings which I estimate to be only 30-80$ and it arrived at the address I entered.

And you are also right because it is necessary for everything we do as a gambler to know the rules and policies that a casino has.

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March 14, 2023, 04:41:17 AM
 #75

The most popular mistake that newbies make with online casinos is avoiding the rules and regulations, not all online casinos will put up a warning sign on their first page and say 👇

"New users are welcome, please read our rules and regulation before making your first deposits"

You have to look for the website FAQ and go through it first, I have seen some newbies that avoid doing this has they ended up shooting themselves in the foot.

Some even start spreading FUD on the forum about these gambling platforms that did them wrong, not knowing that they are the ones at fault, they are guilty because they don't read the rules and regulations.
Honestly, how many people log in to a website and immediately go read the ToS? I'll bet it's less than 10% of a websites users. It's no different on any website either. It doesn't necessarily have to be a gambling platform. Bitcointalk has the same issues. Noone reads the rules and stickies and some find themselves banned fast.

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March 14, 2023, 04:52:51 AM
 #76

The most popular mistake that newbies make with online casinos is avoiding the rules and regulations, not all online casinos will put up a warning sign on their first page and say 👇

"New users are welcome, please read our rules and regulation before making your first deposits"

You have to look for the website FAQ and go through it first, I have seen some newbies that avoid doing this has they ended up shooting themselves in the foot.

Some even start spreading FUD on the forum about these gambling platforms that did them wrong, not knowing that they are the ones at fault, they are guilty because they don't read the rules and regulations.
Honestly, how many people log in to a website and immediately go read the ToS? I'll bet it's less than 10% of a websites users. It's no different on any website either. It doesn't necessarily have to be a gambling platform. Bitcointalk has the same issues. Noone reads the rules and stickies and some find themselves banned fast.
I highly agree with you. Most of the times we only read ToS when we need something. It's also a common occurrence to hear complaints everyday in whatever platform it is. Because, like it or not, we don't like complicated things and such hassles when it comes accessing the things that we want, same with whatever sign ups we've done, and we only care about that when these are involved "money and security".
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March 14, 2023, 07:18:19 AM
 #77

But you are right, newbies should read the terms so they will not complain and destroy the reputation of a gambling site, despite the fact that it was their mistake that cost them money.

Newbie often not read ToS due to the fact that it’s too long to read which even old players failed to read it. Only newbie that is too careful or previous history on gambling has the time to read it but the rest of the normal gambler don’t mind reading it and casino is aware on this that’s why some casino put a very unfair terms so that they can use it against the player in case he/she won a huge amount like jackpot.

As long as you register with a regulated casino, they will never have unfair terms; otherwise, their license will be taken away by the provider. However, some providers are now unreliable or not strict in monitoring the casinos they grant a license to. That's one of the reasons why many gamblers are getting scammed because they only look at the license and miss the reputation of a casino.

R


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March 14, 2023, 08:02:11 AM
 #78

Exactly, the assumption of the fact is what have led thasny issues today, because gamblers believe the terms and conditions of casinos are the same, so they bring in the mentality from casino A to B even though A is different from B in some aspects and functionality.

-So it is important to read each term and conditions properly before venturing into any casino because their all have their own peculiar conditions that make up for their term of service.
You are right that it is good to read the terms and conditions of a casino before joining, but this more applies to beginners. Like me that I have read like 2 or 3 casinos rules, I may find it not hard to fully read another casinos rules, only what I will just check for is if the casino is legal in my country, if the use of VPN is prohibited, my country support gambling though and I am not using VPN, but there can be sometimes that I may forget to off VPN but not likely. I am not ready to cheat or have two accounts. There are many rules that are the same about gambling sites, just few are different. But if you have one account and make sure that you do not cheat, not in country the gambling site do not support, you may still be able to get what is in the rules. But my best advice would be to always read the T&C.

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March 14, 2023, 08:44:27 AM
 #79

.
Some even start spreading FUD on the forum about these gambling platforms that did them wrong, not knowing that they are the ones at fault, they are guilty because they don't read the rules and regulations.
Yes, you are right on this point of yours mentioned above, because not only newbies, but almost a majority of gamblers who does same mistake too not reading each rule that governs a certain casino, and I have noticed that one of the issues newbies complain about the most is the request by casinos asking for KYC during withdrawal, which most people are not always okay with it, and at such term it as a scam, when however, they are the ones at fault failing to read the casinos terms and conditions.

So in conclusion, not only is it good to read the terms and conditions of a casino you intend to gamble with but also check their online reviews is also very important from sites such as "trustpilot.com" & "scamadviser.com"

R


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March 14, 2023, 10:26:03 AM
 #80

But in reality, many people are lazy to do this because most want to be concise and feel understood about the things in it, even though there are definitely differences and rules that are not the same as other online casinos. And this will cause misunderstandings when something happens which is actually the fault of the user who is not painstaking in reading all the rules made so that users do not get misunderstandings in transactions or other things.
actually this problem does not only apply to beginners, because sometimes parents or seniors are lazy to read it, but there is little chance of errors because in the end they will read it when they feel there is a difference or something different.
The laziness in players is what makes for most of the expensive mistakes made on regular basis because having a good understanding of a process is what makes the big difference and being able to manage our activities in the casinos.

-I have a few friends who never care about reading the terms and conditions of a casino and they rely so much on the basic intellectual understanding of casinos, but some casinos have some conditions that are different from the general perspective of a normal casino in form of rules.

Because most of the other gamblers here in crypto gambling only learn to read the rules and regulations when they are there with the issue they are facing.

In short, that's where they know and discover such things. And this should change the attitudes of most gamblers in this crypto space to be honest.


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