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Author Topic: Wagering requirements for withdraw  (Read 4814 times)
Fatunad
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April 13, 2023, 09:50:27 PM
 #101

I recently discovered that I signed up for a casino without thoroughly reading its terms and conditions agreement. But of course this was entirely my fault even that I am still bothered by the withdrawal requirements on deposits. It is well known that deposit bonuses or any bonus offered by a casino will have wagering requirements that goes to x50 or more. What truly concerns me is the 5X wagering requirement on normal deposits without any bonus in order to withdraw the initial deposit or winnings.
To clarify things better here is an example : if you were to deposit $1000 and win $200 in your first few games then you wouldnt be able to withdraw your winnings or even your deposits without wagering at least $5000. This means that 80% of the time, you would lose your money before reaching the required amount.
In my opinion this term is unfair. I am not attacking any specific casino, but I do believe that if users were aware of these requirements they would be less likely to deposit their money in such casinos since there are other casinos without such stringent requirements.
You have not read their terms it might be our fault. But when a casino (gambling site) asks to do a 5x wager before withdrawing and a 50x requirement for any type of bonus. Would you like to add the casino (gambling site) on the op so that the community can be aware of the site and make sure before depositing on the site?
Pretty sure  that most casinos do really share up on the same requirement, there might be some differences on which there are platforms who do only ask out 2x of your deposit before you could withdraw and something  that do talks about bonuses then this is usually plays around 30x-50x wager requirement which is something that very common and they do differ but not really that much in concern because no matter
 which angle you would be looking and going, you are really still at disadvantage.I do agree into a point on which anyone should really be having at least the time on checking out
their terms and conditions so that you wont really get shocked for whatever things that you would be encountering.

R


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April 14, 2023, 01:49:06 AM
 #102

I recently discovered that I signed up for a casino without thoroughly reading its terms and conditions agreement. But of course this was entirely my fault even that I am still bothered by the withdrawal requirements on deposits. It is well known that deposit bonuses or any bonus offered by a casino will have wagering requirements that goes to x50 or more. What truly concerns me is the 5X wagering requirement on normal deposits without any bonus in order to withdraw the initial deposit or winnings.
To clarify things better here is an example : if you were to deposit $1000 and win $200 in your first few games then you wouldnt be able to withdraw your winnings or even your deposits without wagering at least $5000. This means that 80% of the time, you would lose your money before reaching the required amount.
In my opinion this term is unfair. I am not attacking any specific casino, but I do believe that if users were aware of these requirements they would be less likely to deposit their money in such casinos since there are other casinos without such stringent requirements.
You have not read their terms it might be our fault. But when a casino (gambling site) asks to do a 5x wager before withdrawing and a 50x requirement for any type of bonus. Would you like to add the casino (gambling site) on the op so that the community can be aware of the site and make sure before depositing on the site?
Pretty sure  that most casinos do really share up on the same requirement, there might be some differences on which there are platforms who do only ask out 2x of your deposit before you could withdraw and something  that do talks about bonuses then this is usually plays around 30x-50x wager requirement which is something that very common and they do differ but not really that much in concern because no matter
 which angle you would be looking and going, you are really still at disadvantage.I do agree into a point on which anyone should really be having at least the time on checking out
their terms and conditions so that you wont really get shocked for whatever things that you would be encountering.
well that is truly a high requirements specially since they are attracting players with Bonuses in which seems to be a no deposit requirements and this is the way they want you to deal with them longer .
because the moment you won and need to cash out, then the problem will be there and yes you need to decide if will continue or give it up and like what most answers here , it is the reading of terms and rules must be needed before engaging. 
there might be no bad issue here but for me personally this is too much to ask for each players.
maybe it is still best to try other site that has small requirements than this one or else live with it.

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April 14, 2023, 01:57:10 AM
 #103


Pretty sure  that most casinos do really share up on the same requirement, there might be some differences on which there are platforms who do only ask out 2x of your deposit before you could withdraw and something  that do talks about bonuses then this is usually plays around 30x-50x wager requirement which is something that very common and they do differ but not really that much in concern because no matter
 which angle you would be looking and going, you are really still at disadvantage.I do agree into a point on which anyone should really be having at least the time on checking out
their terms and conditions so that you wont really get shocked for whatever things that you would be encountering.

Most mayor casinos have a 1x wagering requirement of your deposit before you can withdraw; few have a 2x requirement, but having a 5x wagering requirement is ridiculous and way too high. Casinos that do this will not gain a lot of traction as it is a lot higher than industry standard.
Wagering requirement for bonuses are indeed, most of the times, between 30x and 50x.



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April 14, 2023, 02:44:26 AM
 #104


Pretty sure  that most casinos do really share up on the same requirement, there might be some differences on which there are platforms who do only ask out 2x of your deposit before you could withdraw and something  that do talks about bonuses then this is usually plays around 30x-50x wager requirement which is something that very common and they do differ but not really that much in concern because no matter
 which angle you would be looking and going, you are really still at disadvantage.I do agree into a point on which anyone should really be having at least the time on checking out
their terms and conditions so that you wont really get shocked for whatever things that you would be encountering.

Most mayor casinos have a 1x wagering requirement of your deposit before you can withdraw; few have a 2x requirement, but having a 5x wagering requirement is ridiculous and way too high. Casinos that do this will not gain a lot of traction as it is a lot higher than industry standard.
Wagering requirement for bonuses are indeed, most of the times, between 30x and 50x.

They're ensuring that you'll lose your money, LOL... However, these are their rules, and if we disagree, we're free to leave. I'm uncertain if this type of rule is effective since casinos need to attract a significant volume of gamblers to thrive, and such policies may not be appealing to them.

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April 14, 2023, 03:13:14 AM
 #105

Seems all casino gambling adopted this rule for wagering if want to withdrawing bonuses fund, but they not require for deposit fund first and seems have difference with OP cases, he has deposit fund and winning on first wagering then required above 50x wagering is not fair and has possibility he loss all fund and not ability withdrawing back his deposit fund.
Do you read all policy rule about wagering above 50x if want to withdrawing bonuses fund? its important for bonuses gambling hunter and not all casino will give easy way for gambler to withdraw bonuses fund.



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April 14, 2023, 06:51:23 AM
 #106

Most mayor casinos have a 1x wagering requirement of your deposit before you can withdraw; few have a 2x requirement, but having a 5x wagering requirement is ridiculous and way too high. Casinos that do this will not gain a lot of traction as it is a lot higher than industry standard.
Wagering requirement for bonuses are indeed, most of the times, between 30x and 50x.
Anything above 1x wagering requirement for deposits is borderline unfair and gives the house a huge edge which is why such sites should be completely avoided so that they lower their wagering requirements in order to survive.

High wagering requirements for bonuses makes complete sense in order to ensure that they don't get abused.

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April 14, 2023, 07:10:06 AM
 #107

but since they are offering a no wagering bonus that is maybe the reason why they are putting this high wagering requirements , like what OP says he needs to withdraw his winning from that bonus game so he is require to deposit and wager first and i think that is a fair play if you are playing from bonus but if you are a regular player who only wants to try getting your luck? like one time hitting ? then i believe that this is not the appropriate site.

With or without bonus, trustdice requires you to wager your deposit 5x before you are allowed to withdraw your money. I prefer not to talk about it is fair or not because a casino reserves the right to have their own rules but I just want to say that 5x wagering requirement for deposit without bonus is just ridiculously high. Hopefully by this topic, trustdice will consider it as suggestion for them and they can adjust their wagering requirement to make it more reasonable. 

   -  I think all the casinos actually provide wagering requirements because as others have said the casino here is a business and not a charity, which they are right.

Whatever the rules they will apply to their players, we as gamblers can't do anything but follow it or if we don't want to look for another casino, it's that simple to understand.

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April 14, 2023, 08:04:15 AM
Merited by The Sceptical Chymist (2)
 #108

Seems all casino gambling adopted this rule for wagering if want to withdrawing bonuses fund, but they not require for deposit fund first and seems have difference with OP cases, he has deposit fund and winning on first wagering then required above 50x wagering is not fair and has possibility he loss all fund and not ability withdrawing back his deposit fund.
Do you read all policy rule about wagering above 50x if want to withdrawing bonuses fund? its important for bonuses gambling hunter and not all casino will give easy way for gambler to withdraw bonuses fund.
X50 for wagering requirement is too much aba. That is fucking buddy. I have heard such from a friend before but that was not high as this. It was 15X to claim the bonus that was given to him. No casino gives free bonus and withdraw at once. I have not seen such. You must play to withdraw it and the experience for those who have done that was not favourable.
And anytime a casino gave a condition to wage before withdrawing then you have to know that you will not win any slots, spin or bet. But when you make a deposit you must wage the amount because that is one the sole reason of the deposit but bringing that to the bonus is not look good. When someone deposit and bonus was given then the person should be allowed to take the bonus and wagering with the deposit and if he wins then he can also withdraw the wins.
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April 14, 2023, 10:06:58 AM
 #109

Seems all casino gambling adopted this rule for wagering if want to withdrawing bonuses fund, but they not require for deposit fund first and seems have difference with OP cases, he has deposit fund and winning on first wagering then required above 50x wagering is not fair and has possibility he loss all fund and not ability withdrawing back his deposit fund.
Do you read all policy rule about wagering above 50x if want to withdrawing bonuses fund? its important for bonuses gambling hunter and not all casino will give easy way for gambler to withdraw bonuses fund.
X50 for wagering requirement is too much aba. That is fucking buddy. I have heard such from a friend before but that was not high as this. It was 15X to claim the bonus that was given to him. No casino gives free bonus and withdraw at once. I have not seen such. You must play to withdraw it and the experience for those who have done that was not favourable.
And anytime a casino gave a condition to wage before withdrawing then you have to know that you will not win any slots, spin or bet. But when you make a deposit you must wage the amount because that is one the sole reason of the deposit but bringing that to the bonus is not look good. When someone deposit and bonus was given then the person should be allowed to take the bonus and wagering with the deposit and if he wins then he can also withdraw the wins.
It's like, "Hey, pal, what's the big idea?" Seriously, who on earth thinks wagering 50x to snatch a bonus is sane? It's practically like they're smirking, "Best of luck, champ!" and shoving you into a casino black hole. And let's face it, we're all aware those slot machines and twirls are as crooked as a politician. It's tantamount to gambling in a game where the odds are perpetually tilted against you!

Time to rise up against these devious casinos and their underhanded maneuvers. We need to clamor for just wagering prerequisites and genuine opportunities to hit it big. Let's demonstrate to these gambling dens that we're not merely bettors; we're classy bettors deserving of so much more!

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April 14, 2023, 03:42:56 PM
 #110

It's like, "Hey, pal, what's the big idea?" Seriously, who on earth thinks wagering 50x to snatch a bonus is sane? It's practically like they're smirking, "Best of luck, champ!" and shoving you into a casino black hole. And let's face it, we're all aware those slot machines and twirls are as crooked as a politician. It's tantamount to gambling in a game where the odds are perpetually tilted against you!

Time to rise up against these devious casinos and their underhanded maneuvers. We need to clamor for just wagering prerequisites and genuine opportunities to hit it big. Let's demonstrate to these gambling dens that we're not merely bettors; we're classy bettors deserving of so much more!
Bonus is just a bonus given away by the casino by just completing the wagering requirements. Bonus doesn't affect your gameplay and its not a mandatory requirements to claim so I done see the point on appealing to the casino to lower the requirements since they are just giving it away for free in exchange for task given.

It's normal to imposed such hard requirements to avoid abused and potential loss by the casino in case someone exploit it and manage to claim multiple times if the requirements will be too easy.

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April 14, 2023, 06:02:20 PM
 #111

Yes that's an unfair term but we can't call them as scammers for such terms since it's our responsibility to go through all their terms and conditions before making any deposit but honestly most people don't realise the importance of reading it until they stuck into a situation like this.

There is nothing wrong by exposing the name of the site because it may be helpful for others to do the right thing at their initial deposit.

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April 14, 2023, 06:49:30 PM
 #112

That's pretty cunning. Gamblers are usually compulsive in nature, who reads tnc? I have been to a few casinos, they didnt have such conditions and honestly never in my wildest dream would expect my own money to be locked.

I assumed these roll-over requirements only applied to bonus given and not to your own deposited money, your own money should be available to withdraw anytime/anywhere because well it's yours.
Actually, as soon as it's deposited in a casino, it's not your money anymore, lol.  Grin Jokes aside, you are right that one should have no restrictions on the money that has been deposited, or even if they do have such requirements, it should be higher than 1x of the deposited amount which is reasonable, but 5x is way too high and a gambler will probably lose the money before that requirement is filled.

And that probably is the motive behind this rule, so that a gambler that deposits money should not be able to take anything out unless they are extremely lucky to complete the 5x wagering requirement and still have anything left to withdraw.

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April 14, 2023, 08:32:20 PM
 #113

Usually, ToS are compiled in such a way that many nuances on the issue, first of all, payments to players, are hidden under rather tricky and vague wordings in different points of the ToS. 
To be able to interpret them in different ways.... After all, it is not in vain that the legal services of the casino try to cover almost all conceivable and even exotic and unlikely events with the rules.  Everything is aimed, of course, not so that players can always easily withdraw money from their casino deposit to their account, especially if they are lucky and they win big. 
Here, for many people, for example, they may require a "sudden KYC", which the player did not expect at all. 
And the problem begins for those who cannot, or simply do not want to give their personal data to the casino. 
Well, this is how this business works, you have to be prepared for any troubles, such as this unexpected and damn KYC. Angry

It's true what you say. We must be prepared to face any problems that may occur later, including difficulties in withdrawing money, because we need to do KYC. But if we don't want to do KYC, we should look for casinos that don't apply KYC too strictly and avoid using big money to gamble for some time until the casinos think we are ordinary people who only gamble for fun. It would be better than us immediately depositing a lot of money even though our gambling account is still new to the casino.
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April 14, 2023, 08:42:23 PM
 #114

I recently discovered that I signed up for a casino without thoroughly reading its terms and conditions agreement. But of course this was entirely my fault even that I am still bothered by the withdrawal requirements on deposits. It is well known that deposit bonuses or any bonus offered by a casino will have wagering requirements that goes to x50 or more. What truly concerns me is the 5X wagering requirement on normal deposits without any bonus in order to withdraw the initial deposit or winnings.
To clarify things better here is an example : if you were to deposit $1000 and win $200 in your first few games then you wouldnt be able to withdraw your winnings or even your deposits without wagering at least $5000. This means that 80% of the time, you would lose your money before reaching the required amount.
In my opinion this term is unfair. I am not attacking any specific casino, but I do believe that if users were aware of these requirements they would be less likely to deposit their money in such casinos since there are other casinos without such stringent requirements.
There are many gamblers that have fallen to such unfair T&S so you ain't the first and surely won't be the last as many more who find difficulties in reading T&C's about a casino before rushing to register and deposit their money only to figure out when it's already late to retreat. The only panacea to such unfair wagering requirements is to make it a mandatory necessity to enlighten yourself about the T&C of any casino before getting in as a gambler.

The sad truth is that these casinos weren't built in your own best interest as a gambler so don't always assume about anything relating to their service, always try to get a direct assertion before taking any action. Doing this can save you a lot of complains.

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April 14, 2023, 08:56:12 PM
 #115

I recently discovered that I signed up for a casino without thoroughly reading its terms and conditions agreement. But of course this was entirely my fault even that I am still bothered by the withdrawal requirements on deposits. It is well known that deposit bonuses or any bonus offered by a casino will have wagering requirements that goes to x50 or more. What truly concerns me is the 5X wagering requirement on normal deposits without any bonus in order to withdraw the initial deposit or winnings.
To clarify things better here is an example : if you were to deposit $1000 and win $200 in your first few games then you wouldnt be able to withdraw your winnings or even your deposits without wagering at least $5000. This means that 80% of the time, you would lose your money before reaching the required amount.
In my opinion this term is unfair. I am not attacking any specific casino, but I do believe that if users were aware of these requirements they would be less likely to deposit their money in such casinos since there are other casinos without such stringent requirements.
You have not read their terms it might be our fault. But when a casino (gambling site) asks to do a 5x wager before withdrawing and a 50x requirement for any type of bonus. Would you like to add the casino (gambling site) on the op so that the community can be aware of the site and make sure before depositing on the site?
This is where most people been requesting on asking about the site or gambling platform name so that we would really be aware and able to avoid it out but in overall when it comes to deposit and bonuses on which

it is really just that normal to have that kind of requirement before you could be able to pull it though but those multipliers are really that too much in speaking about pulling out your deposit.
We do know that  gambling platforms are really that requiring some wagering before you could be able to make withdrawals on which it is understandable on having that way.
This is why its really that important on making read of terms and conditions on whatever the site has term has so that you would be able to avoid possible problems.

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April 14, 2023, 09:04:06 PM
 #116

What truly concerns me is the 5X wagering requirement on normal deposits without any bonus in order to withdraw the initial deposit or winnings.
To clarify things better here is an example : if you were to deposit $1000 and win $200 in your first few games then you wouldnt be able to withdraw your winnings or even your deposits without wagering at least $5000.
Any casino that requests you to wager before withdrawal, doesn't matter if they request you to wager 20% of deposit or more, their true aim is to make you lose your money by wagering and generate more profit for casino. This is their true intention, money laundering is a scam word here. To my mind, wagering requirement from casino is a crime itself.

"The wagering requirements are put in place so that you don't use our platform as a money laundering service" is what they always say.
I think that is a pure crime. 5x wagering requirement just to prevent money laundering? Is there any mathematical evidence that 5x wagering prevents money laundering? How is it gonna stop someone from money laundering? Oh, wait, it only increases the chance of losing your deposit, that's all.


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April 14, 2023, 09:15:15 PM
 #117

This is where most people been requesting on asking about the site or gambling platform name so that we would really be aware and able to avoid it out but in overall when it comes to deposit and bonuses on which

it is really just that normal to have that kind of requirement before you could be able to pull it though but those multipliers are really that too much in speaking about pulling out your deposit.
We do know that  gambling platforms are really that requiring some wagering before you could be able to make withdrawals on which it is understandable on having that way.
This is why its really that important on making read of terms and conditions on whatever the site has term has so that you would be able to avoid possible problems.

Honestly, if a player's intention is purely playing on the casino, the wagering requirement for withdraw shouldn't be a problem.  It is mostly a problem for people who wanted to mix their coins to remove traces of their history.  Obviously, they wanted to minimize losses but the wagering requirement will surely prevent them from minimizing their losses if they are unlucky enough to lose on every bet they made.  So in the end, they made an issue about too high a wagering requirement and will have someone to back up their whining.

On the contrary, some casinos intend to not let go of the players' deposits so they tend to make a higher wagering requirement so that depositors will lost their bankroll while meeting the withdrawal wagering requirement.

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April 14, 2023, 09:42:21 PM
 #118


Pretty sure  that most casinos do really share up on the same requirement, there might be some differences on which there are platforms who do only ask out 2x of your deposit before you could withdraw and something  that do talks about bonuses then this is usually plays around 30x-50x wager requirement which is something that very common and they do differ but not really that much in concern because no matter
 which angle you would be looking and going, you are really still at disadvantage.I do agree into a point on which anyone should really be having at least the time on checking out
their terms and conditions so that you wont really get shocked for whatever things that you would be encountering.

Most mayor casinos have a 1x wagering requirement of your deposit before you can withdraw; few have a 2x requirement, but having a 5x wagering requirement is ridiculous and way too high. Casinos that do this will not gain a lot of traction as it is a lot higher than industry standard.
Wagering requirement for bonuses are indeed, most of the times, between 30x and 50x.

They're ensuring that you'll lose your money, LOL... However, these are their rules, and if we disagree, we're free to leave. I'm uncertain if this type of rule is effective since casinos need to attract a significant volume of gamblers to thrive, and such policies may not be appealing to them.
5x requirement on your deposit does really ensure out that you cant really make yourself getting out on the time that you had made out some deposit.  Cheesy With this alone you could really
tell on what their intentions and it wont really be that shocking or surprising that this platform would just simply wither and die away since users are now aware on what are their
requirements basing on withdrawal neither on deposit mainly or with bonuses which it is really just that too much just like on what other people been saying on here.
It isnt really just that justifiable or something that playing in standard levels.

R


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April 14, 2023, 09:46:33 PM
 #119


Honestly, if a player's intention is purely playing on the casino, the wagering requirement for withdraw shouldn't be a problem.  It is mostly a problem for people who wanted to mix their coins to remove traces of their history.
There are many legit reasons why a player would want to withdraw his funds immediately after making a deposit. Some of those reasons are: not being satisfied with the quality of the service, needing money for an emergency, don't want to keep your coins on a custodial wallet..
On the other hand, requesting a minimum playthrough requirement before withdrawing is understandable to prevent money laundering. It's just anything above 2x is simply not fair.

BTW, thank you OP for compiling a list of casinos with highest no-bonus wagering requirements.

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April 14, 2023, 09:47:56 PM
 #120

I thought I was the only one who ever noticed this feature for most wagering requirements for withdrawals and I also understand that the major purpose for this type of requirements is to help fight against money laundering and some criminal acts such as channelling stolen or looted funds through their casinos which is against the law.
But even while trying to consider the casino, I think the casino also need to consider the common man and try as much as possible to reduce the the wagering requirements for none bonus deposit because most times, it really seems very impossible to make withdrawals especially with those requirements.

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