Wagering requirements for withdraw

[harizen]

In reality you have to wager it so many times that you'll fall victim to the natural losses that a casino will inflict on your bankroll. However the casinos are banking on you ignoring all the losses and becoming conditioned to playing their selection of games, with all the triggers and habit forming behaviors that come out of it. Even if you do end up with 50 bucks left, they know that you'll likely just return it straight back to them. Quite often they force you to play your deposited money first as well, so you'll lose that long before the "free" cash disappears too.

We have to consider that it's just reasonable for casinos to do so. Being very light and not that strict in terms of promotions will result in abuse. Regular gamblers at that site don't want that to happen as it will affect all users if such big sh*t happened on that site.

I'm also not a fan of reading bonus terms and conditions but my experience will tell me what's the best thing to do. It's also obvious that big promotions always come with great requirements that's why gamblers should understand that the moment they enter the promotion.

That's why if confused, users can just do normal deposits and stay away from promotions if they don't understand even the basic terms.

[1715612275]

1715612275

[1715612275]

1715612275

[ethereumhunter]

If you read carefully what OP pointed out, it's not about being unattentive to the bonus terms and conditions.

The point here is, the wagering requirement is too much for "normal deposit". It's understandable that bonuses and promotions come up with a high wagering requirement, obviously to prevent abuses, but for normal deposits, it should just be around 1x or 2x the deposit amount. Imagine, if you are a big roller, you need to wager a crazy high turnover for your big deposit amount and you will be stuck at it even if you are in big winnings right now.

We are talking about normal deposits here without any bonuses and promotions involved.

I'm with OP that such requirements for normal deposits are crazy and can't consider a good practice.

It is very rare for casinos to implement wagering requirements of 1x or 2x the bet amount. But I think there must be casinos that do not enforce wagering requirements for "normal deposits," and such casinos will usually be the go-to for people who don't want to be bound by the wagering requirements of the bonuses launched by the casinos.

That's why I say to pay attention to the wagering requirements, especially when we want to enter a promotion, because there are wagering requirements that must be met before we can withdraw the winnings if we win.

[Bitinity]

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It is very rare for casinos to implement wagering requirements of 1x or 2x the bet amount. But I think there must be casinos that do not enforce wagering requirements for "normal deposits," and such casinos will usually be the go-to for people who don't want to be bound by the wagering requirements of the bonuses launched by the casinos.

That's why I say to pay attention to the wagering requirements, especially when we want to enter a promotion, because there are wagering requirements that must be met before we can withdraw the winnings if we win.

It means that you do not visit many casinos or at least you have not read terms and conditions on some casinos related wagering requirement on normal deposit. Even in the casino you are promoting in your signature, there is such requirement although it is officially written for fiat withdrawal but I believe it is also applied to crypto withdrawal as this requirement is like the first weapon to avoid money money laundering attempt.

8.5 You need to wager 100% of the value of your deposit in order to request a FIAT withdrawal.

It is basically normal to have 1-2x wagering requirement on normal deposit. Most casino apply this requirement both written or not. This is why players need to find about it first through reading the ToS/TnC or asking the live support about wagering requirement on normal deposit. 

[Shamm]

In reality you have to wager it so many times that you'll fall victim to the natural losses that a casino will inflict on your bankroll. However the casinos are banking on you ignoring all the losses and becoming conditioned to playing their selection of games, with all the triggers and habit forming behaviors that come out of it. Even if you do end up with 50 bucks left, they know that you'll likely just return it straight back to them. Quite often they force you to play your deposited money first as well, so you'll lose that long before the "free" cash disappears too.

We have to consider that it's just reasonable for casinos to do so. Being very light and not that strict in terms of promotions will result in abuse. Regular gamblers at that site don't want that to happen as it will affect all users if such big sh*t happened on that site.

I'm also not a fan of reading bonus terms and conditions but my experience will tell me what's the best thing to do. It's also obvious that big promotions always come with great requirements that's why gamblers should understand that the moment they enter the promotion.

That's why if confused, users can just do normal deposits and stay away from promotions if they don't understand even the basic terms.

Yes agree with this mate big promotions has their security, in short they will have the terms and conditions that other casino don't have. Like for example what you said above mate is the best example of trusted and big promotions because they will have strict terms of conditions to prevent gamblers or player abuse thier platform cause once that thing will happen then casino have a high chance of bankrupt or else force them to close.

[ultrloa]

In reality you have to wager it so many times that you'll fall victim to the natural losses that a casino will inflict on your bankroll. However the casinos are banking on you ignoring all the losses and becoming conditioned to playing their selection of games, with all the triggers and habit forming behaviors that come out of it. Even if you do end up with 50 bucks left, they know that you'll likely just return it straight back to them. Quite often they force you to play your deposited money first as well, so you'll lose that long before the "free" cash disappears too.

We have to consider that it's just reasonable for casinos to do so. Being very light and not that strict in terms of promotions will result in abuse. Regular gamblers at that site don't want that to happen as it will affect all users if such big sh*t happened on that site.

I'm also not a fan of reading bonus terms and conditions but my experience will tell me what's the best thing to do. It's also obvious that big promotions always come with great requirements that's why gamblers should understand that the moment they enter the promotion.

That's why if confused, users can just do normal deposits and stay away from promotions if they don't understand even the basic terms.

Yes agree with this mate big promotions has their security, in short they will have the terms and conditions that other casino don't have. Like for example what you said above mate is the best example of trusted and big promotions because they will have strict terms of conditions to prevent gamblers or player abuse thier platform cause once that thing will happen then casino have a high chance of bankrupt or else force them to close.

To many bonus abuse happen so this wagering requirements is the method of casino to combat those abuse happening. That's why its really good to have that so that casino will not experience any devastating loss coming from that supposed to be generous promotion given by them. If a gambler cannot accept that wagering requirements is existing maybe they should not try to acquire that or participate so that they will not get dismayed on result if they lose.

[dwyane36]

It means that you do not visit many casinos or at least you have not read terms and conditions on some casinos related wagering requirement on normal deposit. Even in the casino you are promoting in your signature, there is such requirement although it is officially written for fiat withdrawal but I believe it is also applied to crypto withdrawal as this requirement is like the first weapon to avoid money money laundering attempt.

8.5 You need to wager 100% of the value of your deposit in order to request a FIAT withdrawal.

It is basically normal to have 1-2x wagering requirement on normal deposit. Most casino apply this requirement both written or not. This is why players need to find about it first through reading the ToS/TnC or asking the live support about wagering requirement on normal deposit. 

You are right that most gambling sites do this primarily to prevent money laundering through their platforms. By the way, some of them may also block withdrawals for a certain period of time after deposit. For example, ACR Poker on the WPN network allows its users to withdraw funds only after 72 hours of the deposit and after the user has generated at least 10% rake of the deposit amount, and this requirement applies to both fiat and BTC.
In any case, if a gambling site is responsible, its ToS should fully describe deposit wagering.

[slapper]

In reality you have to wager it so many times that you'll fall victim to the natural losses that a casino will inflict on your bankroll. However the casinos are banking on you ignoring all the losses and becoming conditioned to playing their selection of games, with all the triggers and habit forming behaviors that come out of it. Even if you do end up with 50 bucks left, they know that you'll likely just return it straight back to them. Quite often they force you to play your deposited money first as well, so you'll lose that long before the "free" cash disappears too.

We have to consider that it's just reasonable for casinos to do so. Being very light and not that strict in terms of promotions will result in abuse. Regular gamblers at that site don't want that to happen as it will affect all users if such big sh*t happened on that site.

I'm also not a fan of reading bonus terms and conditions but my experience will tell me what's the best thing to do. It's also obvious that big promotions always come with great requirements that's why gamblers should understand that the moment they enter the promotion.

That's why if confused, users can just do normal deposits and stay away from promotions if they don't understand even the basic terms.

Every casino, whether online or off, must have its own set of regulations, right? But man, those TOS and Promotions they splash around are sometimes...well, trash. It seems as though they are intentionally designed to cause you trouble

There's all this fine print that may spoil your day, and regular players like you and me just want to have fun. However, I concur with you regarding the abuse issue in general. If they're too easygoing, every Tom, Dick, and Harry will try to cheat the system. But really, guys! Not every player wants to wade through pages of confusing terms

It is, in my opinion, the responsibility of the casino to provide clarity. They had better make sure people are aware of what they are getting into if they are offering large incentives. Thus, it can be wise to pass on promotions that seem too good to be true. However, don't you believe they should also be more aggressive?

[Rabata]

If a casino does not have a wagering requirement then there will definitely be attempts to abuse it. There must be some requirements to protect against these abusers. But it must be acceptable. Wagering requirements should be realistic no wagering requirements should be given that are difficult for all. But it is true that if there is no wagering requirement then there may be situations like money laundering. Each casino try to set wagering requirements based on their strategy.

[ethereumhunter]

It means that you do not visit many casinos or at least you have not read terms and conditions on some casinos related wagering requirement on normal deposit. Even in the casino you are promoting in your signature, there is such requirement although it is officially written for fiat withdrawal but I believe it is also applied to crypto withdrawal as this requirement is like the first weapon to avoid money money laundering attempt.

Maybe I missed that part because even for normal deposits, I rarely get big wins so it doesn't matter whether I read the terms or not. Only fiat withdrawals are required to wager 100% of your deposit amount to request a FIAT withdrawal. Meanwhile, there needs to be an explanation for crypto, but it could also apply to crypto. You can check it in the Terms section.

8.5 You need to wager 100% of the value of your deposit in order to request a FIAT withdrawal.

It is basically normal to have 1-2x wagering requirement on normal deposit. Most casino apply this requirement both written or not. This is why players need to find about it first through reading the ToS/TnC or asking the live support about wagering requirement on normal deposit. 

Yes, read the rules before depositing a certain amount of money, whether to participate in a promotional program or make a normal deposit not bound by promotions. This is so that we know the rules and don't make it difficult for us later when we want to withdraw the money.

[Negotiation]

If a casino does not have a wagering requirement then there will definitely be attempts to abuse it. There must be some requirements to protect against these abusers. But it must be acceptable. Wagering requirements should be realistic no wagering requirements should be given that are difficult for all. But it is true that if there is no wagering requirement then there may be situations like money laundering. Each casino try to set wagering requirements based on their strategy.

Yes, betting is never done well without strategy also the first important thing to remember to know whether betting is good or not is the simple fact that the best strategy to win an online casino game is to avoid losing it. That's why before betting at an online casino, it's essential to do your research so you know what you're getting into. Without this knowledge, chances are high that you will not only lose the money you are gambling with, but also understand most of the terms used on these sites. For your budget strategic and betting needs online casino games offer fun and huge opportunities to win big.

[Bitcoin_people]

Betting with excess amount of money is unwise as there is a possibility of losing all the money in the wallet. If a person places unnecessary bets and later loses the bet and blames the casino sites, that person is doing it wrong. There is no use in blaming the casino sites if they lose all money by betting unnecessarily, rather they should have read the many terms and conditions before creating an account. Before signing up from the casino platform, many T&C are given which we feel lazy not to read due to which we face many problems later. So be aware that while withdrawing money from any casino platform read their rules well and act according to the rules. And if you follow the rules of the casino sites, then there will be no problem in withdrawing and depositing money.

[Blitzboy]

Betting with excess amount of money is unwise as there is a possibility of losing all the money in the wallet. If a person places unnecessary bets and later loses the bet and blames the casino sites, that person is doing it wrong. There is no use in blaming the casino sites if they lose all money by betting unnecessarily, rather they should have read the many terms and conditions before creating an account. Before signing up from the casino platform, many T&C are given which we feel lazy not to read due to which we face many problems later. So be aware that while withdrawing money from any casino platform read their rules well and act according to the rules. And if you follow the rules of the casino sites, then there will be no problem in withdrawing and depositing money.

Blaming casino platforms after one's own reckless choices is the height of irresponsibility. Do people think casinos are charities? No! They're businesses. Before you click on that shiny 'Sign Up' button, those terms and conditions aren't just decorations! They exist for a reason

It's an absolute travesty that people jump in without reading the rules and then cry foul when they face the consequences. Economic principles apply everywhere, even in gambling. Before blaming the house, maybe, just maybe, one should reflect on their own unbridled impulsiveness. If you can't bother to take a few extra minutes to read the T&Cs, then frankly, you shouldn't be anywhere near online gambling!

[8rch7]

Blaming casino platforms after one's own reckless choices is the height of irresponsibility. Do people think casinos are charities? No! They're businesses. Before you click on that shiny 'Sign Up' button, those terms and conditions aren't just decorations! They exist for a reason

It's an absolute travesty that people jump in without reading the rules and then cry foul when they face the consequences. Economic principles apply everywhere, even in gambling. Before blaming the house, maybe, just maybe, one should reflect on their own unbridled impulsiveness. If you can't bother to take a few extra minutes to read the T&Cs, then frankly, you shouldn't be anywhere near online gambling!

Indeed required with wagering or not we need read all term of service some gambling platform before sign up account, many gambler forget and skip for reading all term of service and complaint later when their withdrawing problem due need wagering. Its consequence with some gambling platform have been adopt with minimum wagering time for withdrawing fund and we need real carefully what rule of some gambling platform actually with withdrawing fund procedure.

Not only about wagering but also read all term service about KYC required or not and all rule with gambling platform, don't be disappointed later when our fund not available for withdrawing without completed with task required.

[Fredomago]

Betting with excess amount of money is unwise as there is a possibility of losing all the money in the wallet. If a person places unnecessary bets and later loses the bet and blames the casino sites, that person is doing it wrong. There is no use in blaming the casino sites if they lose all money by betting unnecessarily, rather they should have read the many terms and conditions before creating an account. Before signing up from the casino platform, many T&C are given which we feel lazy not to read due to which we face many problems later. So be aware that while withdrawing money from any casino platform read their rules well and act according to the rules. And if you follow the rules of the casino sites, then there will be no problem in withdrawing and depositing money.

If the casino is trusted you will not have any problem, but if the casino is design just to take money away from the gamblers, even you read all the rules and clearly understand everything the chance of having an issue will still come out, but yes, every gambler needed to take that time to read and make sure that they have an idea how the rules works and how they can use it to be assured that they can move their money not just to deposit but more when they are already cashing out their money, but first, taking time to investigate and do your research about the casino that you'll going to play and use your money is also important to avoid any possible scam to happen.

[LUCKMCFLY]

Betting with excess amount of money is unwise as there is a possibility of losing all the money in the wallet. If a person places unnecessary bets and later loses the bet and blames the casino sites, that person is doing it wrong. There is no use in blaming the casino sites if they lose all money by betting unnecessarily, rather they should have read the many terms and conditions before creating an account. Before signing up from the casino platform, many T&C are given which we feel lazy not to read due to which we face many problems later. So be aware that while withdrawing money from any casino platform read their rules well and act according to the rules. And if you follow the rules of the casino sites, then there will be no problem in withdrawing and depositing money.

If the casino is trusted you will not have any problem, but if the casino is design just to take money away from the gamblers, even you read all the rules and clearly understand everything the chance of having an issue will still come out, but yes, every gambler needed to take that time to read and make sure that they have an idea how the rules works and how they can use it to be assured that they can move their money not just to deposit but more when they are already cashing out their money, but first, taking time to investigate and do your research about the casino that you'll going to play and use your money is also important to avoid any possible scam to happen.

Well, I have always said something, to get far anywhere you have to read so as not to be wrong, or perhaps to be less wrong, or not to be wrong about things that the masses are wrong about, in the case of casinos things are very important to read, not only to help us and not let us lose the money, but later the money that one puts in the casino is not consumed without even doing something to recover it, so that is something that can be quite confusing for many, maybe if you take a casino the balance increases, and the player thinks, well, I have double the balance, I can play with more freedom and do things that risk me more because I have more money, and that is a blunder, what we do is simply spend our money and not achieve anything, because we simply did not have a plan, apart from if we read everything and understand the risks under which we adhere, everything can be different, and that can make a difference, for that reason is that although we can be very lazy, because I am influenced by being lazy to read the Tos, it is necessary to do it, I prefer to overcome laziness than lose money.

Regarding the casino, it is also necessary to know what we are not getting into, obviously we like the good casinos, the casinos that have the most reputation, because we know that the casinos that are older are the ones that offer the most opportunities not to take advantage of us. Even so, with bonuses, they take great care so that customers stay, which is not done by casinos that are coming out for the first time, which do many things to stay, because this casino market is highly competitive, so the ' Coughing can be a problem, but it can be overcome, if the customer reads, accepts and sees that they can, then they do it and even win, everything is in the possibilities.

Sometimes the problem is not only in the Tos, and in the wagers and in all those demands, sometimes after complying with all that, there is another little problem, and it is the KYC, which I think bothers the players more, and more when withdrawing money.

[piebeyb]

Sometimes the problem is not only in the Tos, and in the wagers and in all those demands, sometimes after complying with all that, there is another little problem, and it is the KYC, which I think bothers the players more, and more when withdrawing money.

Yes, it's true that anyone will definitely not like KYC even I personally don't like it, after all gambling with small money and small bets so far I'm still safe KYC free even though I play in big casinos and have KYC requirements, maybe if I play in a small casino for sure they would prevent me from withdrawing money before completing KYC and even though I am a small gambler.

It will sound strange to complete KYC for small gamblers where with small stakes we have to give our identity it is obviously very ridiculous, the rules will definitely not be accepted by reason even though their site has a license and KYC regulations too, but so far I always play in big casinos safe without having to provide my identity and complete KYC I can gamble and make withdrawals. as long as you know what casino to play at.

[blockman]

Indeed required with wagering or not we need read all term of service some gambling platform before sign up account, many gambler forget and skip for reading all term of service and complaint later when their withdrawing problem due need wagering. Its consequence with some gambling platform have been adopt with minimum wagering time for withdrawing fund and we need real carefully what rule of some gambling platform actually with withdrawing fund procedure.

We have to admit that most gamblers don't read the TOS that are written upon signing up. Who the heck is reading that anyway with the first tries of gambling? People will just going to read it when something wrong happens and they need to check out if it's on the TOS. That's the truth that we'll just check it if a problem through the process has been encountered. Otherwise, we'll keep going.

Not only about wagering but also read all term service about KYC required or not and all rule with gambling platform, don't be disappointed later when our fund not available for withdrawing without completed with task required.

Expect that most of the casinos these days are asking for KYC, so whether you read it or not. When you've won huge amounts, there's the expectation that you need to comply on it because you've win big money.

[panjul07]

That's the truth that we'll just check it if a problem through the process has been encountered.

It sounds bad but it is undeniable fact, this is what happened in most cases.
Only few gamblers who read some parts of the terms and conditions, but I believe there is no one who is willing to read the whole wall of text in the terms and conditions page.
I myself have to admit that I do not read the whole T&C but I do try to search the things that I think is the most important thing for me.
Wagering requirement for deposit is one of the things that I usually try to find first beside the other important things such as country restriction, minimum deposit/withdrawal and kyc policy. 

[AbuBhakar]

That's the truth that we'll just check it if a problem through the process has been encountered.

It sounds bad but it is undeniable fact, this is what happened in most cases.
Only few gamblers who read some parts of the terms and conditions, but I believe there is no one who is willing to read the whole wall of text in the terms and conditions page.
I myself have to admit that I do not read the whole T&C but I do try to search the things that I think is the most important thing for me.
Wagering requirement for deposit is one of the things that I usually try to find first beside the other important things such as country restriction, minimum deposit/withdrawal and kyc policy. 

Most of the time casino don't require high wagering requirements on deposits and x1 is the standard for most casinos. On this case, Casino offers a promotion that doesn't have wagering requirements on bonus profit. They just move the wagering requirements from bonus to deposit to attract players to deposit since their focus is to claim the bonus rewards that doesn't wagering. With this information in mind, many fail to read the ToS since this commonly ignored since its very long and time consuming to read just like what you said.

I think we should be wary on all the casino that offering bonus that is too good to be true because they might modify their ToS to use against us just like this case.

[FatFork]

Most of the time casino don't require high wagering requirements on deposits and x1 is the standard for most casinos.
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Just to follow up on this part, the OP has actually compiled a list of crypto casinos with relatively high wagering requirements (more than 1x) on no-bonus deposits that you can check: https://bitcointalk.org/index.php?topic=5448871.0

Clearly, we can't talk about the majority of casinos in this context, as the list is quite limited. However, it wouldn't be accurate to say that 1x is the industry standard either. As you can see, there are some well-known names that have a wagering requirement of 3x or more of the deposited amount before you can take out your winnings.