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Author Topic: Wagering requirements for withdraw  (Read 4814 times)
Fivestar4everMVP
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June 14, 2023, 08:17:02 PM
 #521

Exactly this is your mistake my dear. But this condition is not good. And there are many casinos which impose these kind of terms to the users. And some of them change the terms and conditions but they don't inform the users this is not good too. These casinos should bold these kind of terms in the terms and conditions page which will be clearly visible to the users and users will be aware.

All terms are important but usually players are not reading all the terms because most players read what are important terms for them.
Most players usually read about deposit/withdraw, KYC terms, restricted territories, and few other things.
Casino do not need to bold some specific terms, as long as it is listed then it is good to go already.
Players are the one who responsible to read all the terms carefully.

Highlighting some parts of the terms as important is the mistake casinos make, if casinos really want their users and potential users to completely read the terms and conditions of the casino, then they must change their pattern of writing the terms, and the first pattern is for them to stop highlighting some parts of the term, I would also suggest that, it's not so important to even have headlines, like subjects and so one, the terms and conditions can be written in such a manner like Judy one long paragraph, that way, no body will know exactly where that which they assume to be important is written, and as such, all gamblers will have no choice but to read the entire terms of service.

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June 14, 2023, 10:59:51 PM
 #522



1x is fair, but OP's concern is that the gambling site he used requires him to make a 5x wager of his money. I agree that this is a significant requirement, and it seems like the site wants their gamblers to wager more, thereby decreasing their chances of winning. Just imagine being lucky and satisfied with your winnings, but you haven't met the requirement yet. Then, with one wrong bet, you could lose all your money. That would certainly be disappointing for any gambler.
The question is that,  did the ops read the terms and conditions of the casino before the problem occur because I am sure that all the wagering requirements are mentioned in the TOS and that gamblers should be familiar with such high demand, and if it is mentioned in the documents that the casino demands for 5x wagering on deposits that justify the demand for oos to fulfil that requirement before withdrawing from the casino.

Unlike in some cases where the casino hides this rule from the players and thereby takes them unaware when they are requested to make 5x wager before a withdrawal is processed,  that way the casino already violates the player's right by so doing.
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June 15, 2023, 03:02:21 AM
 #523


That's why the best thing, as far as I'm Concerned, is that using the casino promos and bonuses will always be a double edged sword because it's something that is not guaranteed,what if it is guaranteed is that it increases the playing time of a person in a casino, but it does not increase the chances of winning in a casino,this is something that is always seen, it is noticeable, and also in my personal opinion it is what I have learned from the casinos, from the betting houses under my little Experience, of course I respect what others say,because they may have had more luck with the bonuses, but not me.


If only gamblers use the bonus for its purpose and not the way that you said, I think no one will make this wagering requirement a big deal no matter how hard it is because the bonus is just an added chance to earn more when gambling. You won't even notice it if you are genuinely enjoying the game. But since many of us have a misconception about gambling use. We always view it as a source of income which is why a bonus is viewed as an extra chance of having profit even though house edge will kill us in long-term playing like the bonus's main objective is to prolong our game.

I agree on your suggestion and point of view in regard to the bonus.
As I have said before, I have a very different concept of what is good, for me a bonus is that they give that as a gift, it is something additional that must be given without any type of requirement to receive it, as far as I am concerned I think that things here deal with the fact that instead of a bonus, it is called as "obtain free leverage" conditionally, if it were called that way I would consider it the most correct thing, of course other players too, and in this case that's why I think Many don't even read when they are offered bonuses , because they think it's free, and that's why there's so much problem , Drama with respect to bonuses.


do mind that bonuses come with certain conditions that a player should meet. that is true, some players are in a hurry not checking the terms attached to it. that is also the same with the case of wagering requirements, 5x is still reasonable. however, much better if it is lower, right?
so before you deposit on any casino, check their terms, wagering reqmts, min deposit/withdrawal before you get tempted with their rewards or bonuses. because later on, if you haven't fulfilled their conditions, you will just be wasting your funds for nothing.

Of course it's reasonable , I'm just Saying that 1x is something that Seems very good to me , of course 5x is Preferable than 20x , 30x , 50x because that's what I've sometimes Come Across in some sites , which they achieve for me is that They run me lol, but Looking at it from a good Point of view, it should be a maximum of 5x , although for me it is or is something I would not do , I don't think I have that patience either, it is a matter of time to do it Without despairing and I think that is more pressure work , whatever you do is lose that money and that's it, because you could say that if you don't do much there it's Better to go to another game, bet on something e lse and that's it, turn the page.


I am a person who is excited when they tell him that he won a bonus , a contest , because I think that I really won it without any type of demand, but when they say that I have to do a series of requirements, then the joy reaches there , because I know that the money that I Supposedly won, in reality I do not have , quite the contrary , I can lose it, and when there is an associated wager, it is Money that is not ours , it is more from the casino than from the Player.

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June 15, 2023, 03:46:16 AM
 #524

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.
This is not fair at all. Yes, I have seen casinos require their players to wager 50x or more if they take deposit, welcome, or other kinds of bonuses. That make sense because they won't give you something for free. You have to play there and you have to win. I also saw casinos need a wager requirement for any deposits to prevent money laundering. But, it was no more than 1x. Having five times wagering requirements on each deposit is not fair at all.

You should avoid that kind of casino at any cost. Of course, you have to read their ToS before you sign up and make a deposit. Because they may already mention this term on their ToS page. If you can make your first withdrawal from their platform, run away with your money and never look back. Those casinos are designed to steal money from users.

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June 15, 2023, 11:47:46 AM
 #525

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.
This is not fair at all. Yes, I have seen casinos require their players to wager 50x or more if they take deposit, welcome, or other kinds of bonuses. That make sense because they won't give you something for free. You have to play there and you have to win. I also saw casinos need a wager requirement for any deposits to prevent money laundering. But, it was no more than 1x. Having five times wagering requirements on each deposit is not fair at all.

You should avoid that kind of casino at any cost. Of course, you have to read their ToS before you sign up and make a deposit. Because they may already mention this term on their ToS page. If you can make your first withdrawal from their platform, run away with your money and never look back. Those casinos are designed to steal money from users.
Casinos arent nonprofits. Theyre all about the profit. A 50x stake on bonuses, understandable, theyre fortifying their turf. But 5x on each deposit? Seems a smidge...intense. I'm not in the casinos' side. In fact, I side with you. Any place with such rigid requirements is simply capitalizing on its patrons. Who's got the wherewithal or time to wager 5x every time? Certainly not me. But the catch is: its all laid out in their ToS. Ignorance isn't bliss here. So scrutinize the fine print,. Or you might be shaking hands with the infernal.

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June 16, 2023, 01:25:21 PM
 #526

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.
This is not fair at all. Yes, I have seen casinos require their players to wager 50x or more if they take deposit, welcome, or other kinds of bonuses. That make sense because they won't give you something for free. You have to play there and you have to win. I also saw casinos need a wager requirement for any deposits to prevent money laundering. But, it was no more than 1x. Having five times wagering requirements on each deposit is not fair at all.

You should avoid that kind of casino at any cost. Of course, you have to read their ToS before you sign up and make a deposit. Because they may already mention this term on their ToS page. If you can make your first withdrawal from their platform, run away with your money and never look back. Those casinos are designed to steal money from users.
It's not fair, but that's how it's always been. Some gamblers manage to win some money but have to pass the wagering requirements before withdrawing the money, especially when they follow a promo given by the casino. If the wagering requirement is under 10x, it will be fine as it is not too demanding. But usually, casinos enforce high wagering requirements, so only a few gamblers manage to pass those requirements and withdraw their money. Before joining any promo, we must make sure we know the requirements so that we are not disappointed and only take part in promotions that we can afford so that we don't use a lot of money to participate.
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June 18, 2023, 02:06:20 AM
 #527

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.
This is not fair at all. Yes, I have seen casinos require their players to wager 50x or more if they take deposit, welcome, or other kinds of bonuses. That make sense because they won't give you something for free. You have to play there and you have to win. I also saw casinos need a wager requirement for any deposits to prevent money laundering. But, it was no more than 1x. Having five times wagering requirements on each deposit is not fair at all.

You should avoid that kind of casino at any cost. Of course, you have to read their ToS before you sign up and make a deposit. Because they may already mention this term on their ToS page. If you can make your first withdrawal from their platform, run away with your money and never look back. Those casinos are designed to steal money from users.
It's not fair, but that's how it's always been. Some gamblers manage to win some money but have to pass the wagering requirements before withdrawing the money, especially when they follow a promo given by the casino. If the wagering requirement is under 10x, it will be fine as it is not too demanding. But usually, casinos enforce high wagering requirements, so only a few gamblers manage to pass those requirements and withdraw their money. Before joining any promo, we must make sure we know the requirements so that we are not disappointed and only take part in promotions that we can afford so that we don't use a lot of money to participate.
The wagering requirements can be very demanding as not only you need to wager the bonus several times, but in many occasions you need to do so before a time limit expires and do so under unfavorable odds, so fulfilling all of those conditions at the same time is not an easy task especially for the newbies gamblers which may not understand very well all the conditions given.

It is because of this I skip most bonuses, as instead of getting the fun I am looking for I end up more concentrated on trying to fulfill those conditions than on the fun I am supposed to be pursuing.

.
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June 18, 2023, 06:31:28 PM
 #528

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.
This is not fair at all. Yes, I have seen casinos require their players to wager 50x or more if they take deposit, welcome, or other kinds of bonuses. That make sense because they won't give you something for free. You have to play there and you have to win. I also saw casinos need a wager requirement for any deposits to prevent money laundering. But, it was no more than 1x. Having five times wagering requirements on each deposit is not fair at all.

You should avoid that kind of casino at any cost. Of course, you have to read their ToS before you sign up and make a deposit. Because they may already mention this term on their ToS page. If you can make your first withdrawal from their platform, run away with your money and never look back. Those casinos are designed to steal money from users.
It's not fair, but that's how it's always been. Some gamblers manage to win some money but have to pass the wagering requirements before withdrawing the money, especially when they follow a promo given by the casino. If the wagering requirement is under 10x, it will be fine as it is not too demanding. But usually, casinos enforce high wagering requirements, so only a few gamblers manage to pass those requirements and withdraw their money. Before joining any promo, we must make sure we know the requirements so that we are not disappointed and only take part in promotions that we can afford so that we don't use a lot of money to participate.


Only few or maybe with that high wagering requirements no one can withdraw as the chance of pushing their way to complete the requirements will force them to lose it back to the house, It's been a hard task for most gambler, reading the terms and conditions always been an issue as not many are willing to take time to read and understand the rules.

End point, they will suffer after depositing and playing with promotions that have wagering requirements, they will lose the money, eventually.

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Hamphser
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June 18, 2023, 08:47:14 PM
 #529

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.
This is not fair at all. Yes, I have seen casinos require their players to wager 50x or more if they take deposit, welcome, or other kinds of bonuses. That make sense because they won't give you something for free. You have to play there and you have to win. I also saw casinos need a wager requirement for any deposits to prevent money laundering. But, it was no more than 1x. Having five times wagering requirements on each deposit is not fair at all.

You should avoid that kind of casino at any cost. Of course, you have to read their ToS before you sign up and make a deposit. Because they may already mention this term on their ToS page. If you can make your first withdrawal from their platform, run away with your money and never look back. Those casinos are designed to steal money from users.
It's not fair, but that's how it's always been. Some gamblers manage to win some money but have to pass the wagering requirements before withdrawing the money, especially when they follow a promo given by the casino. If the wagering requirement is under 10x, it will be fine as it is not too demanding. But usually, casinos enforce high wagering requirements, so only a few gamblers manage to pass those requirements and withdraw their money. Before joining any promo, we must make sure we know the requirements so that we are not disappointed and only take part in promotions that we can afford so that we don't use a lot of money to participate.


Only few or maybe with that high wagering requirements no one can withdraw as the chance of pushing their way to complete the requirements will force them to lose it back to the house, It's been a hard task for most gambler, reading the terms and conditions always been an issue as not many are willing to take time to read and understand the rules.

End point, they will suffer after depositing and playing with promotions that have wagering requirements, they will lose the money, eventually.
Totally does have sense that they would really be having that kind of rule on which they would really be having the upperhand or would be having the advantage on which it would really be just that normal for a

business to do on which they would really be setting out those rules for their benefit.If there are people who do able to withdraw or able to comply with those wagering requirement then it would really be considered as lucky but we know that only a few would be able to get or reach that line and the rest of them is continously really that losing because they do believe that those bonuses are really that
giving some advantage against the house which it is really a very wrong idea to have in mind if you do believe on that way.

They are business and its normal that whenever they do make or give out some offering or promotions then it would really be subject into a term on which it would be common sense that
reaching up that threshold is something not would really be that so easy.

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yahoo62278
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June 18, 2023, 08:56:17 PM
 #530

Exactly this is your mistake my dear. But this condition is not good. And there are many casinos which impose these kind of terms to the users. And some of them change the terms and conditions but they don't inform the users this is not good too. These casinos should bold these kind of terms in the terms and conditions page which will be clearly visible to the users and users will be aware.

All terms are important but usually players are not reading all the terms because most players read what are important terms for them.
Most players usually read about deposit/withdraw, KYC terms, restricted territories, and few other things.
Casino do not need to bold some specific terms, as long as it is listed then it is good to go already.
Players are the one who responsible to read all the terms carefully.

Highlighting some parts of the terms as important is the mistake casinos make, if casinos really want their users and potential users to completely read the terms and conditions of the casino, then they must change their pattern of writing the terms, and the first pattern is for them to stop highlighting some parts of the term, I would also suggest that, it's not so important to even have headlines, like subjects and so one, the terms and conditions can be written in such a manner like Judy one long paragraph, that way, no body will know exactly where that which they assume to be important is written, and as such, all gamblers will have no choice but to read the entire terms of service.
The issue IMO on ToS and people reading them is, you are basically having to read a book. Gamblers don't want to read a book before being able to gamble. They want to login, create an account, deposit, and then play. Casinos know that most people don't read the terms, but that's not their concern. It's there, read it or deal with the consequences.

I think the gamblers would like to see less of a legal book when making the ToS page. If casinos made a smaller version, it might get more readers and less accusations later.

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Wiwo
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June 18, 2023, 08:56:50 PM
 #531

Exactly this is your mistake my dear. But this condition is not good. And there are many casinos which impose these kind of terms to the users. And some of them change the terms and conditions but they don't inform the users this is not good too. These casinos should bold these kinds of terms on the terms and conditions page which will be clearly visible to the users and users will be aware.
The biggest mistake anyone will make is in not reading the terms and conditions of the casino to properly understand them better and as a matter of fact it is impossible to adjust to them when you already reached the point of withdrawal and being faced with a slamming high wagering requirement to make your withdrawal possible and this has become the major problems facing most gamblers because they failed to read this wagering requirement always leads to some unfavourable ending where their almost lose everything trying to withdraw their winning at some point.

But regardless whether or not the player read the terms and conditions of the casino,  slamming a player with a 5x wager requirement to withdraw is something that should be considered unfair to the gambler.
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June 18, 2023, 10:05:14 PM
 #532

I understand that not all customers read the ToS of the service before using it because of its length and most of them prefer having a shorter version. Unfortunately, this is not possible, or let's say not recommended. ToS is like a legal document and it's the contract between the service provider and the customer. Therefore it needs to be as clear as possible and it needs to cover and address all the points to avoid any confusion or misunderstandings.

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GxSTxV (OP)
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June 18, 2023, 10:33:12 PM
 #533

If a person didn’t read the ToS set by the casino before signing up, that’s totally on him if something happened. What happened to me with the wagering requirements  should be an example for everyone to read ToS and choose carefully the suitable casino for him.
Now there’s another problem where some casinos manipulate their ToS, either they don’t mention some details such as the amount of wagering required in order to make a withdraw for your normal deposits ( No bonus activated deposit), and the other thing is some casinos changing their rules without notifying their clients.
Stay safe and choose the safest and most suitable casino to enjoy your time.

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ultrloa
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June 19, 2023, 11:04:29 AM
 #534

Exactly this is your mistake my dear. But this condition is not good. And there are many casinos which impose these kind of terms to the users. And some of them change the terms and conditions but they don't inform the users this is not good too. These casinos should bold these kinds of terms on the terms and conditions page which will be clearly visible to the users and users will be aware.
The biggest mistake anyone will make is in not reading the terms and conditions of the casino to properly understand them better and as a matter of fact it is impossible to adjust to them when you already reached the point of withdrawal and being faced with a slamming high wagering requirement to make your withdrawal possible and this has become the major problems facing most gamblers because they failed to read this wagering requirement always leads to some unfavourable ending where their almost lose everything trying to withdraw their winning at some point.

But regardless whether or not the player read the terms and conditions of the casino,  slamming a player with a 5x wager requirement to withdraw is something that should be considered unfair to the gambler.

Some are just confident that they won't do any mistake since they want to shortcut and don't want to waste their time reading those information which they think they already know about. This is really the biggest mistake since they didn't realize that every casino have their own updated rules and they should read it to follow what are the things they prohibit to their users.
Also 5x I think that's to much maybe a little more than that since we still understand that casino is avoiding any money laundering abuse but they should also consider to be fair to other small time gamblers to avoid any issue.

R


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June 19, 2023, 11:13:20 AM
 #535

For me I am not against the wagering requirement for withdrawal after all the casino won't become a means to launder money since every deposit will be subject to wager requirements that way only when a player meets the requirement only then will they be able to withdraw their deposits, I think if the wager requirements are below 5x-1x then it ok and gamblers can easily pass through and make a withdrawal.

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June 19, 2023, 12:53:32 PM
Last edit: June 19, 2023, 02:13:03 PM by Learn Bitcoin
 #536

This is not fair at all. Yes, I have seen casinos require their players to wager 50x or more if they take deposit, welcome, or other kinds of bonuses. That make sense because they won't give you something for free. You have to play there and you have to win. I also saw casinos need a wager requirement for any deposits to prevent money laundering. But, it was no more than 1x. Having five times wagering requirements on each deposit is not fair at all.

You should avoid that kind of casino at any cost. Of course, you have to read their ToS before you sign up and make a deposit. Because they may already mention this term on their ToS page. If you can make your first withdrawal from their platform, run away with your money and never look back. Those casinos are designed to steal money from users.
It's not fair, but that's how it's always been. Some gamblers manage to win some money but have to pass the wagering requirements before withdrawing the money, especially when they follow a promo given by the casino. If the wagering requirement is under 10x, it will be fine as it is not too demanding. But usually, casinos enforce high wagering requirements, so only a few gamblers manage to pass those requirements and withdraw their money. Before joining any promo, we must make sure we know the requirements so that we are not disappointed and only take part in promotions that we can afford so that we don't use a lot of money to participate.

When they give you some money, it's not for free. They are on the market to do business with you. Sometimes in an unfair way. Since players accept the rules/terms of the bonus, they must fulfill the wagering requirement. Yes, that's how it's always been. But when we talk about the regular deposit wager requirement, it's unfair for any casino to force their players to ask to wager more than 1x to be eligible for withdrawal. I am unsure how many casinos require such a wager to be eligible for withdrawal. But, 1x or 2x wager is enough to prevent money laundering. You should avoid that platform if they ask you to wager more than 2x for regular deposits.

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June 19, 2023, 01:00:35 PM
 #537

I think if the wager requirements are below 5x-1x then it ok and gamblers can easily pass through and make a withdrawal.
I disagree. The wagering requirements for deposits should be 1x and nothing higher since this is basically the industry standard these days and any site asking for more are just greedy as hell.

You represent a minority of gamblers who are fine with 1x - 5x wagering requirements for deposits frankly speaking.

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June 19, 2023, 02:50:47 PM
 #538

I think if the wager requirements are below 5x-1x then it ok and gamblers can easily pass through and make a withdrawal.
I disagree. The wagering requirements for deposits should be 1x and nothing higher since this is basically the industry standard these days and any site asking for more are just greedy as hell.

You represent a minority of gamblers who are fine with 1x - 5x wagering requirements for deposits frankly speaking.

Agree on this. Having a x5 wagering is already considered as hostaging the deposit because use has no choice than to wager in able to withdraw the deposit unlike wager requirements on bonus that can be forfeited.

Casino that offering no wagering requirements with their bonus are those casino that offers this kind of high wagering requirements on deposit to compensate their no wager requirements on bonus and at the same time trap user funds that didn’t read the ToS before depositing their money.

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June 20, 2023, 07:59:10 PM
 #539

One thing regarding the wagering requirements, is that most of us have fallen for not reading very high wagering requirements,in fact when I land on one that says 10x I already know that I will not get anything from there, because it is obvious I'm not going to get there, if nothing else, sometimes with 1x you can lose everything, now 10x no matter how much patience you have or something is achievable, but it has to be someone with a demonstration of Faith and a lot of Experience , in Addition to having a lot of Good luck , it's the only way I can see that things can happen,  otherwise I don't think so, as I've seen 30x, 50x, 100x requirements, things that are not within my reach.

You were lucky to have detected that earlier and that is because of your prior knowledge of what the negative impact the wagering requirements are for the gambler against the casino and also failed to read the terms and conditions of the casino and to know what their wagering requirement will be, any wagering requirements that is above 1x then it a pilot that will fly the gambler to many lose eventually.
I think that one of the things when they happen in casinos is that people are very excited and when they see the bonuses it happens to them when I was a rookie , that it was money that could be obtained for free and the result is that it is not like that , my bad experiences happened to be worse when I made Profits and could not withdraw , that was something that demotivated me a lot to have the Option to keep trying with the bonuses , so now I read carefully , even if I really wanted to play , but I think that the value of Money is more important We just have to have Fun , and to get there it's because I really went through very bad experiences.

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June 20, 2023, 08:10:05 PM
 #540

I think if the wager requirements are below 5x-1x then it ok and gamblers can easily pass through and make a withdrawal.
I disagree. The wagering requirements for deposits should be 1x and nothing higher since this is basically the industry standard these days and any site asking for more are just greedy as hell.

You represent a minority of gamblers who are fine with 1x - 5x wagering requirements for deposits frankly speaking.
I completely agree with you, but as unfortunate as it may be, some casinos still place a 5x or even more as a wagering requirement for a deposit bonus, personally for me, I usually do not blame such casino, but place the entire blame on the users who continue to patronize such casino, if gamblers can learn to boycott such casinos, that should a message to them, and make them realize how their greed might cost them their customers, and a casino that is serious with business and want to grow, will immediately adjust.

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