Wagering requirements for withdraw

[traderethereum]

5x wagering before having to withdraw your money is a bad trick by the casino owner to try to prevent people from withdrawing all their funds and their winnings off the platform, I won't use such online gambling platform ever again. Honestly, I have never come across such, and would be better if you can tell us the name of the gambling platform but it's cool.

Usually the casino offers something that would be somewhat difficult otherwise if everyone ‍able to achieve that bonus easily which is never possible. But 5x Wagering is not really normal bonus offer. Given such a large target, most users may fail there. Making such an offer there is no sense. Moreover, if gamblers can not achieved any offer, there may be resentment of the gambling platform. Which will ruin the reputation of that casino or gambling platform.

Those people were so eager to get their bonus easily that they tried to give it a go, but they faced a 5x or more wagering requirement instead of getting it.
It certainly burdens those who don't have much balance in their account so they can only try to play slowly while hoping that luck will come to their aid.
And if many people can't live up to those requirements and end up hating the casino, they will never use the casino and will leave it.
Making wagering requirements can be applied at casinos but casinos also don't need to use high wagering for their members unless the casino really doesn't want to pay money to its members.

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[tusandii]

5x wagering before having to withdraw your money is a bad trick by the casino owner to try to prevent people from withdrawing all their funds and their winnings off the platform, I won't use such online gambling platform ever again. Honestly, I have never come across such, and would be better if you can tell us the name of the gambling platform but it's cool.

Usually the casino offers something that would be somewhat difficult otherwise if everyone ‍able to achieve that bonus easily which is never possible. But 5x Wagering is not really normal bonus offer. Given such a large target, most users may fail there. Making such an offer there is no sense. Moreover, if gamblers can not achieved any offer, there may be resentment of the gambling platform. Which will ruin the reputation of that casino or gambling platform.

The 5x betting requirement that is meant is not to get a bonus, but to withdraw all the funds or the results of the big win you get.
This requirement actually doesn't make sense for withdrawal or bonus requirements because not all gamblers are able to bet up to 5x and of course we all will think that the casino has made it difficult for us to withdraw the money we have in the casino.
I wonder why casinos use this method to process large withdrawals.
I'm sure there will be many gamblers who feel disappointed and give them bad reviews and also affect the reputation and trust of gamblers in the services provided.

[mak013]

So you need not to lose  5x deposit. It can be difficult enough - you have to risk 5 times. And if i want to bet just 1 time? Sometimes i make a bet to get profit and withdraw it, here it is impossible.
I`m sure that all this moments we can find in ToS, but i think that it is unfair to the gambler.

I think you misunderstood 5x wagering requirement.  In meeting the said requirement you don't need to lose 5x the amount of the deposit but rather you need to wager, winning or losing is counted on that wagering requirement.  It is true that we need to risk 5x the initial deposit but it does not mean we need to lose 5x of the deposit amount.

Yes, we don`t need to lose 5x, we need not to lose. We can see a thread where the gambler lost with 1.01 odd, so you have to risk more times and in gambling you always risk. And you can`t bet more when you have. As the result you have to risk seriously with high odds or to risk more often with small odds. And i sometimes deposit for just one bet and withdraw all money back. I can`t do it with such ToS.

[AicecreaME]

It's good to take accountability in times like this because it is indeed really your fault for not reading their TOS. Reading it will provide you more knowledge about the casino's nature and rules. You will know the do's and don'ts of the casino which will give you more insights and more things to ponder in order not to do something that could put your account into a 50/50 situation such as suspension or banning of account.

Just think of this as a lesson learned to not make the same mistake again in the future. It is really the players responsibility to read everything and to know every details as much as possible to avoid encountering preventable problems.

[coin.princess]

It's good to take accountability in times like this because it is indeed really your fault for not reading their TOS. Reading it will provide you more knowledge about the casino's nature and rules. You will know the do's and don'ts of the casino which will give you more insights and more things to ponder in order not to do something that could put your account into a 50/50 situation such as suspension or banning of account.

Just think of this as a lesson learned to not make the same mistake again in the future. It is really the players responsibility to read everything and to know every details as much as possible to avoid encountering preventable problems.

The reason why players do not read entirely the ToS is that most of it are just the same as the others and only rare gambling sites have a rules like this. Usually what the players are looking for the KYC, Jurisdiction and I think that's it some of them are just the same or the standard and usually they depend it on the gambling license of the gambling site.

[Supreemo]

I have been on this kind of situation before and I know how it felts like it is really annoying and you feel like you are wasting your time, money and energy, but I know this is to prevent from excessive withdrawing since there are gamblers who transfers big amount of money inside their casino and will try to win whatever they are offering either the pot money and will just withdraw immediately after winning. They are preventing this kind of scenes from happening that is why mostly you have to control how much you are going to put inside the casino just in case they will put this "lock period" strategy.

Just as casinos are being very careful about those which may try to use their casino as an improvised mixer, gamblers need to be very careful as well, since the waging requirements of this casino are high for a regular deposit, and unless someone is committed to play long term on the casino it is kind of difficult to reach them.

But how to avoid this? And the only way we can do that is by doing our due diligence by reading the reviews of other gamblers regarding the casino in which we are interested, and by reading their TOS, just in case there were some changes since the reviews were first posted online.

sometimes, there are also people who are lazy to read the TOS and other feedbacks, that is mostly why some get stucked and could not withdraw instantly, maybe it is also a way to mitigate those people who are trying to do something fishy about their own money and will try to take advantage of thsoe gambling platforms. even i am also lazy sometimes specially when i am just trying to have some entertainment and  there is this new platform they launch, of course i'll be curious and would immediately try sometimes without reading, but i'll make sure that i won't put big amount of money just in case something happens it'll be anmoying to deal with.

[danadc]

I have been on this kind of situation before and I know how it felts like it is really annoying and you feel like you are wasting your time, money and energy, but I know this is to prevent from excessive withdrawing since there are gamblers who transfers big amount of money inside their casino and will try to win whatever they are offering either the pot money and will just withdraw immediately after winning. They are preventing this kind of scenes from happening that is why mostly you have to control how much you are going to put inside the casino just in case they will put this "lock period" strategy.

Just as casinos are being very careful about those which may try to use their casino as an improvised mixer, gamblers need to be very careful as well, since the waging requirements of this casino are high for a regular deposit, and unless someone is committed to play long term on the casino it is kind of difficult to reach them.

But how to avoid this? And the only way we can do that is by doing our due diligence by reading the reviews of other gamblers regarding the casino in which we are interested, and by reading their TOS, just in case there were some changes since the reviews were first posted online.

sometimes, there are also people who are lazy to read the TOS and other feedbacks, that is mostly why some get stucked and could not withdraw instantly, maybe it is also a way to mitigate those people who are trying to do something fishy about their own money and will try to take advantage of thsoe gambling platforms. even i am also lazy sometimes specially when i am just trying to have some entertainment and  there is this new platform they launch, of course i'll be curious and would immediately try sometimes without reading, but i'll make sure that i won't put big amount of money just in case something happens it'll be anmoying to deal with.

In the casinos, when they give out the bonuses, they should increase the wagering requirements to withdraw, because novice players do not read and sometimes a caisnoi can take advantage of that, if the casinos put the terms in a big way, which is not read by newbies There would be so many problems, but a casino prefers to use the support so that others have to go through those moments, a casino has to think of newbies, medium and large players, in the same way a player who is a whale does not use the bonuses, because they they just bet a lot of money and win or lose a lot of money, but of course that is another case.

[Slow death]

I wonder why casinos use this method to process large withdrawals.

in my opinion the answer is very simple: in the past and even today there are scammers who create casinos with the clear intention of cheating and robbing people, but scammers will evolve and develop sophisticated scam techniques that allow them to rob people legitimately or either the scammers creates a rule in which the person who deposits money in the casino must have 5x wager and with that even if the person is very skilled he will not be able to comply with this requirement which will make all the money that was deposited in the casino remain at the casino because

this is a very evolved form of scam, these damn scammers are always thinking of something evil, they already use TOS as a weapon, they use KYC as a weapon, that's why it's important that when people see that some casino has tough rules like this 5x wager thing, people don't use casinos with this kind of rules, even if the casino offers high bonuses, people should stay away from greed, that's the only way they don't fall for scams of this kind

[yahoo62278]

I wonder why casinos use this method to process large withdrawals.

in my opinion the answer is very simple: in the past and even today there are scammers who create casinos with the clear intention of cheating and robbing people, but scammers will evolve and develop sophisticated scam techniques that allow them to rob people legitimately or either the scammers creates a rule in which the person who deposits money in the casino must have 5x wager and with that even if the person is very skilled he will not be able to comply with this requirement which will make all the money that was deposited in the casino remain at the casino because

this is a very evolved form of scam, these damn scammers are always thinking of something evil, they already use TOS as a weapon, they use KYC as a weapon, that's why it's important that when people see that some casino has tough rules like this 5x wager thing, people don't use casinos with this kind of rules, even if the casino offers high bonuses, people should stay away from greed, that's the only way they don't fall for scams of this kind

The 5x wager isn't really a scam per se. I don't agree with it 1 bit, but if people read the ToS they would know what they're getting themselves into. 5x isn't exactly hard to do either, especially if the site has dice, which they do.

Now the KYC and ToS being used as a weapon I can agree with. I think if a site allows you to deposit and you win, you should be paid as long as you didn't cheat to win. I don't consider gambling from an illegal jurisdiction cheating. I think a site should enforce KYC pre deposit or they forfeit the right to use it against a player later so they can get out of paying a player their winnings.

[Hamphser]

I wonder why casinos use this method to process large withdrawals.

in my opinion the answer is very simple: in the past and even today there are scammers who create casinos with the clear intention of cheating and robbing people, but scammers will evolve and develop sophisticated scam techniques that allow them to rob people legitimately or either the scammers creates a rule in which the person who deposits money in the casino must have 5x wager and with that even if the person is very skilled he will not be able to comply with this requirement which will make all the money that was deposited in the casino remain at the casino because

this is a very evolved form of scam, these damn scammers are always thinking of something evil, they already use TOS as a weapon, they use KYC as a weapon, that's why it's important that when people see that some casino has tough rules like this 5x wager thing, people don't use casinos with this kind of rules, even if the casino offers high bonuses, people should stay away from greed, that's the only way they don't fall for scams of this kind

The 5x wager isn't really a scam per se. I don't agree with it 1 bit, but if people read the ToS they would know what they're getting themselves into. 5x isn't exactly hard to do either, especially if the site has dice, which they do.

Now the KYC and ToS being used as a weapon I can agree with. I think if a site allows you to deposit and you win, you should be paid as long as you didn't cheat to win. I don't consider gambling from an illegal jurisdiction cheating. I think a site should enforce KYC pre deposit or they forfeit the right to use it against a player later so they can get out of paying a player their winnings.

On whatever things that a casino would do as long it isnt really that shown on their tos or something a term which we havent seen on the market before like that 5x deposit wagering requirement which is really that
not common or i didnt remember a site on asking out.Yes, its attainable but it is something thats too much if we do speak about pulling your deposit and asking for some 5x rollover of the amount.
As for KYC then they should have asked in the first place but in some cases on where users or gamblers are the ones who are in fault on here on which missing up on reading sites terms
and blaming out if ever there's some unfortunate happen to them specially on withdrawals.The community wouldnt really be that dumb on not to see on whose in fault on every
situation that we do encounter or issues like these.

[tazmantasik]

Casino platform try how to protect with cheater or multiple account created get advantage from bonuses, but not any cheater excited with casino gambling required deposit for getting bonus because they want get free bonuses without require for deposit first. Funny looking casino rule after reading OP explain because how possibility withdrawing bonuses have 50x wagering, its happen for all funds withdrawing or bonuses withdrawing only need wagering 50x? if have been rule in the casino policy we can't debate and have accepted what did rule from casino platform and be careful later if want hunt deposit bonuses on casino gambling.

[AmoreJaz]

Casino platform try how to protect with cheater or multiple account created get advantage from bonuses, but not any cheater excited with casino gambling required deposit for getting bonus because they want get free bonuses without require for deposit first. Funny looking casino rule after reading OP explain because how possibility withdrawing bonuses have 50x wagering, its happen for all funds withdrawing or bonuses withdrawing only need wagering 50x? if have been rule in the casino policy we can't debate and have accepted what did rule from casino platform and be careful later if want hunt deposit bonuses on casino gambling.

if the casino already implemented such high wagering requirement, what you can do is just avoid and look for another casino. but if you still deposit and continue to play, then, that's your problem. they have laid out their terms for players to read and comply. if you don't want to comply then it is your fault if your funds are frozen. the usual prob of the player is he doesn't read the terms and hence, complaining once their funds are frozen or their acct is banned.

[bettercrypto]

5x wagering before having to withdraw your money is a bad trick by the casino owner to try to prevent people from withdrawing all their funds and their winnings off the platform, I won't use such online gambling platform ever again. Honestly, I have never come across such, and would be better if you can tell us the name of the gambling platform but it's cool.

Usually the casino offers something that would be somewhat difficult otherwise if everyone ‍able to achieve that bonus easily which is never possible. But 5x Wagering is not really normal bonus offer. Given such a large target, most users may fail there. Making such an offer there is no sense. Moreover, if gamblers can not achieved any offer, there may be resentment of the gambling platform. Which will ruin the reputation of that casino or gambling platform.

Those people were so eager to get their bonus easily that they tried to give it a go, but they faced a 5x or more wagering requirement instead of getting it.
It certainly burdens those who don't have much balance in their account so they can only try to play slowly while hoping that luck will come to their aid.
And if many people can't live up to those requirements and end up hating the casino, they will never use the casino and will leave it.
Making wagering requirements can be applied at casinos but casinos also don't need to use high wagering for their members unless the casino really doesn't want to pay money to its members.

I just noticed that in all the casinos here in the cryptocurrency industry, all the gimmicks they have in terms of bonuses or free faucets, the others actually require wagering.

      Because if you don't play on their gambling platform first they won't make any money, that's why they built the casino to do business not to end up with nothing, so gamblers or players who enter a casino here in crypto gambling should know this .

[traderethereum]

5x wagering before having to withdraw your money is a bad trick by the casino owner to try to prevent people from withdrawing all their funds and their winnings off the platform, I won't use such online gambling platform ever again. Honestly, I have never come across such, and would be better if you can tell us the name of the gambling platform but it's cool.

Usually the casino offers something that would be somewhat difficult otherwise if everyone ‍able to achieve that bonus easily which is never possible. But 5x Wagering is not really normal bonus offer. Given such a large target, most users may fail there. Making such an offer there is no sense. Moreover, if gamblers can not achieved any offer, there may be resentment of the gambling platform. Which will ruin the reputation of that casino or gambling platform.

Those people were so eager to get their bonus easily that they tried to give it a go, but they faced a 5x or more wagering requirement instead of getting it.
It certainly burdens those who don't have much balance in their account so they can only try to play slowly while hoping that luck will come to their aid.
And if many people can't live up to those requirements and end up hating the casino, they will never use the casino and will leave it.
Making wagering requirements can be applied at casinos but casinos also don't need to use high wagering for their members unless the casino really doesn't want to pay money to its members.

I just noticed that in all the casinos here in the cryptocurrency industry, all the gimmicks they have in terms of bonuses or free faucets, the others actually require wagering.

      Because if you don't play on their gambling platform first they won't make any money, that's why they built the casino to do business not to end up with nothing, so gamblers or players who enter a casino here in crypto gambling should know this .

But not everyone can build a casino because we know that the gambling business or building a casino requires a lot of money.
But not for fraudsters who want to deceive gamblers, they don't need to have a lot of money to build a casino because what they need to do is how convince users to be able to play in their casino.
But not all casinos will look like that, especially if it is a trusted casino because a trusted casino will not do anything that can harm its reputation.
They will give bonuses or free faucets or other things to attract more members to play at their casino.
And that's what makes a trusted casino remain a big casino because they can manage their business well and gain the trust of their users.

[Fredomago]

5x wagering before having to withdraw your money is a bad trick by the casino owner to try to prevent people from withdrawing all their funds and their winnings off the platform, I won't use such online gambling platform ever again. Honestly, I have never come across such, and would be better if you can tell us the name of the gambling platform but it's cool.

Usually the casino offers something that would be somewhat difficult otherwise if everyone ‍able to achieve that bonus easily which is never possible. But 5x Wagering is not really normal bonus offer. Given such a large target, most users may fail there. Making such an offer there is no sense. Moreover, if gamblers can not achieved any offer, there may be resentment of the gambling platform. Which will ruin the reputation of that casino or gambling platform.

Those people were so eager to get their bonus easily that they tried to give it a go, but they faced a 5x or more wagering requirement instead of getting it.
It certainly burdens those who don't have much balance in their account so they can only try to play slowly while hoping that luck will come to their aid.
And if many people can't live up to those requirements and end up hating the casino, they will never use the casino and will leave it.
Making wagering requirements can be applied at casinos but casinos also don't need to use high wagering for their members unless the casino really doesn't want to pay money to its members.

I just noticed that in all the casinos here in the cryptocurrency industry, all the gimmicks they have in terms of bonuses or free faucets, the others actually require wagering.

      Because if you don't play on their gambling platform first they won't make any money, that's why they built the casino to do business not to end up with nothing, so gamblers or players who enter a casino here in crypto gambling should know this .

Exactly! they are here to do business and not to serve as charities. They are providing bonuses and additional perks for the gamblers to enjoy but behind that they are requiring gambler to meet the requirements before enjoying it, most are wagering to make sure that you play enough time and you spent a decent amount of money to earn the bonuses.

It's not easy as it is since gambler need also to risk a bigger amount of money, or if luck permits, gambler need to spend time or hope for a decent luck to permit them to earn both their winning amount and the bonuses.

[karmamiu]

I wonder why casinos use this method to process large withdrawals.

in my opinion the answer is very simple: in the past and even today there are scammers who create casinos with the clear intention of cheating and robbing people, but scammers will evolve and develop sophisticated scam techniques that allow them to rob people legitimately or either the scammers creates a rule in which the person who deposits money in the casino must have 5x wager and with that even if the person is very skilled he will not be able to comply with this requirement which will make all the money that was deposited in the casino remain at the casino because

this is a very evolved form of scam, these damn scammers are always thinking of something evil, they already use TOS as a weapon, they use KYC as a weapon, that's why it's important that when people see that some casino has tough rules like this 5x wager thing, people don't use casinos with this kind of rules, even if the casino offers high bonuses, people should stay away from greed, that's the only way they don't fall for scams of this kind

The 5x wager isn't really a scam per se. I don't agree with it 1 bit, but if people read the ToS they would know what they're getting themselves into. 5x isn't exactly hard to do either, especially if the site has dice, which they do.

Now the KYC and ToS being used as a weapon I can agree with. I think if a site allows you to deposit and you win, you should be paid as long as you didn't cheat to win. I don't consider gambling from an illegal jurisdiction cheating. I think a site should enforce KYC pre deposit or they forfeit the right to use it against a player later so they can get out of paying a player their winnings.

There are even casinos who would require you to level up your VIP level in order to withdraw. This is what usually happens when player don't read the ToS, either they are too lazy or just didn't bother reading for the sake of having fun. I have been into a non-crypto casino that requires me to level up my VIP after winning quite large amount, so I didn't have a choice but to level it up by continuously wagering until I reach the required amount. Besides, in the first place it was my fault for being too excited and just directly cash-in money without even reading all the rules imposed on that site.

[panjul07]

There are even casinos who would require you to level up your VIP level in order to withdraw.

I'm wondering which casinos with this term, I have never seen such casinos in both crypto and fiat casinos.
Since you said that it is non crypto casino, mind to give a clue which casinos you are talking about and how popular is this casino out there?
Forcing you to level up is even worse than x5 wagering requirement, how can this casino survive in the industry with such scammy terms.

[kotajikikox]

Exactly! they are here to do business and not to serve as charities. They are providing bonuses and additional perks for the gamblers to enjoy but behind that they are requiring gambler to meet the requirements before enjoying it, most are wagering to make sure that you play enough time and you spent a decent amount of money to earn the bonuses.

and that is what the business goes and where the money flows, when the gamblers only consider the favor but not seen what is behind those promises, and also the requirements comes to prove the obligation.

It's not easy as it is since gambler need also to risk a bigger amount of money, or if luck permits, gambler need to spend time or hope for a decent luck to permit them to earn both their winning amount and the bonuses.

yes, that is why only few truly wins and majority only enjoys , but in the end? it is gambling and that is how it works , bringing money for owners and bringing Hopes for the gamblers.

[pungopete468]

We can't blame gambling site that has a requirement for withdrawals, as far as I know there are some people who use gambling sites to launder their money and even without playing sometimes they just use the built in currency exchange or sometimes after they deposit, they will withdraw it immediately and of course the coins will be sent to their wallets were not the coins that they deposit as that was not how the system works.

[xSkylarx]

We can't blame gambling site that has a requirement for withdrawals, as far as I know there are some people who use gambling sites to launder their money and even without playing sometimes they just use the built in currency exchange or sometimes after they deposit, they will withdraw it immediately and of course the coins will be sent to their wallets were not the coins that they deposit as that was not how the system works.

It should be written on their terms, because if not, then that casino is a scam. Though this kind of casino is really unfair for the new, for sure it is newbie friendly because you are forced to play your deposit until you meet their requirements. For those who are heavy gamblers, this is fine because they can easily achieve those, but for those of us who are not as heavy gamblers, it is a disadvantage.