Wagering requirements for withdraw

[Mr. Magkaisa]

-snip-

1. Every casino has unwritten rules, every deposit need to be wagger 1x (most the time).

When a site offers a deposit bonus, the site can demand wagering as they wish because they are offering the bonus to their customers.  If there is no wagering requirement then everyone will only deposit money and withdraw with bonus.  For example, if the site offers a 50% deposit bonus, if someone deposits $100, his balance will be $150. If there is no wagering requirement, then everyone will repeatedly deposit and withdraw that money with the bonus he he.

2. KYC : They're not offering anynoymous feature right ? In the term & condition is also being mentioned sometime casino can ask you KYC in some situation.

Licensed casinos will not offer anonymous features.  Because many illegal activities like money laundering can take place here and at that time the details of the criminal may be required and on the other hand the casino site will have to take responsibility for these illegal activities.  So almost all casino sites require KYC for high amount deposits,  withdrawals and gamble.

Exactly! They will also not allow themselves to be on the loosing ends. Regarding KYC, sometimes it is required specially on those famous gambling platforms, it is not thaf when you win they will exploit your information or they will manipulate your information, but it is just a measure to prevent launderers from doing hideous things like you have said. Although you can say that your data is at risk since there could be a breach on their platform or if someone will hack and stole your data they will immediately use it, of course there are still the risk like a coin in which there are heads and tails, so if ever something is offering you complete anonimity it is quite troublesome to deal with if something bad happens. As I've said repeatedly here on this forum, being unknown and popularity will never go hand in hand.

     -  To be honest, kyc is also okay if gambling here in cryptocurrency is known and has a reputation. The only scary thing is that they will immediately ask you for kyc even if you are a newbie on their platform.

Then you can't withdraw money immediately because of the wagering requirements of a casino that must be followed and met first before being allowed to withdraw money from the casino platform.

[Doan9269]

Each casino has its own rules and they have their regulations for the bonuses themselves, they are different, they differ a lot because they have different ways of dealing with the way they play, if in a small casino it has some of the limitations that we do not like, I agree I agree that they have to look for other casinos, in the case of duelbits I feel comfortable, they have the games that I like

Do we even follow some criterials or set some guidelines before choosing a casino to use, because each everyone of them has their own different ways of operations that differs from other's, not until we study this regarding each particular casino we are using we may always ended being disappointed from them because what we will be having will be entirely different from what we will be expecting once our understanding about them is not good enough.

there is no problem with the bonuses, with the withdrawals, I am very demanding with the withdrawals, I like that they occur when I want and that there is no need to be sending messages to support for my payment, I have no problems here , that's why I Recommend it.

But many casino give strict use of their policy then regulates making withdrawal, and this is one of the most challenging aspects gamblers always dont like to experience because it's disappointing enough and not encouraging by all means because of the restriction due to non compliance to their KYC.

[ethereumhunter]

I do not say anything when it comes to bonuses or promotions where they demand what they want, things that nobody can do, because they can do it because it is simply their promotions and bonuses, but when it comes to withdrawal I understand that they can ask for the KYC, but It seems exaggerated to me when they take more than 3 days to verify or that they demand many requirements to be able to verify, it is not something that seems good to me, a withdrawal must be approved quickly because that causes one to get angry when they ask for many things which are not necessary.

Regarding bonuses or promotions, we must check the wagering requirements so that we don't misunderstand because many of us forget about that and just deposit money and play gambling. But when we win and want to withdraw the money, we are faced with a KYC request by the casino, which makes us feel cheated by the terms behind the promotion even though it is written that other requirements are needed before we can withdraw the money. And when the casino takes 3 days, I think it's still within reasonable limits because the casino needs to ensure that its members are not involved in any illegal activity. But it is questionable if it has passed 7 days because we have waited too long for the verification process and desire to withdraw money.

[yahoo62278]

I do not say anything when it comes to bonuses or promotions where they demand what they want, things that nobody can do, because they can do it because it is simply their promotions and bonuses, but when it comes to withdrawal I understand that they can ask for the KYC, but It seems exaggerated to me when they take more than 3 days to verify or that they demand many requirements to be able to verify, it is not something that seems good to me, a withdrawal must be approved quickly because that causes one to get angry when they ask for many things which are not necessary.

Regarding bonuses or promotions, we must check the wagering requirements so that we don't misunderstand because many of us forget about that and just deposit money and play gambling. But when we win and want to withdraw the money, we are faced with a KYC request by the casino, which makes us feel cheated by the terms behind the promotion even though it is written that other requirements are needed before we can withdraw the money. And when the casino takes 3 days, I think it's still within reasonable limits because the casino needs to ensure that its members are not involved in any illegal activity. But it is questionable if it has passed 7 days because we have waited too long for the verification process and desire to withdraw money.

When I walk into a land based casino I have to hand them my ID card. They run it through a scanner, then they hand me my ID back and tell me welcome and good luck. They don't ask me where I got my money, am I doing anything illegal, or if it's ok for them to verify me for 3-7 days.

I'm sure when they scan my ID they may check for warrants or something, but other then that they tell me good luck and move on to the next person. Why is it different online? Why do I need to verify my source of income? KYC is too invasive IMO.

[slapper]

I do not say anything when it comes to bonuses or promotions where they demand what they want, things that nobody can do, because they can do it because it is simply their promotions and bonuses, but when it comes to withdrawal I understand that they can ask for the KYC, but It seems exaggerated to me when they take more than 3 days to verify or that they demand many requirements to be able to verify, it is not something that seems good to me, a withdrawal must be approved quickly because that causes one to get angry when they ask for many things which are not necessary.

Regarding bonuses or promotions, we must check the wagering requirements so that we don't misunderstand because many of us forget about that and just deposit money and play gambling. But when we win and want to withdraw the money, we are faced with a KYC request by the casino, which makes us feel cheated by the terms behind the promotion even though it is written that other requirements are needed before we can withdraw the money. And when the casino takes 3 days, I think it's still within reasonable limits because the casino needs to ensure that its members are not involved in any illegal activity. But it is questionable if it has passed 7 days because we have waited too long for the verification process and desire to withdraw money.

When I walk into a land based casino I have to hand them my ID card. They run it through a scanner, then they hand me my ID back and tell me welcome and good luck. They don't ask me where I got my money, am I doing anything illegal, or if it's ok for them to verify me for 3-7 days.

I'm sure when they scan my ID they may check for warrants or something, but other then that they tell me good luck and move on to the next person. Why is it different online? Why do I need to verify my source of income? KYC is too invasive IMO.

Indeed, you've touched on a topic that stirs up quite the debate. The differences in the verification process between land-based and online casinos can certainly feel intrusive.

Consider this, though: online platforms don't have the advantage of physically seeing their clients, making it easier for individuals to hide illicit activities or engage in money laundering. Land-based casinos, on the other hand, can monitor their clientele more closely.

Furthermore, online platforms operate globally, which brings a multitude of legal jurisdictions into play. To abide by various international laws, particularly those pertaining to money laundering, these platforms are compelled to adopt stringent KYC policies.

Could there be a less invasive way to ensure compliance? Possibly! It's definitely a matter worthy of further discussion and exploration.

[tusandii]

I do not say anything when it comes to bonuses or promotions where they demand what they want, things that nobody can do, because they can do it because it is simply their promotions and bonuses, but when it comes to withdrawal I understand that they can ask for the KYC, but It seems exaggerated to me when they take more than 3 days to verify or that they demand many requirements to be able to verify, it is not something that seems good to me, a withdrawal must be approved quickly because that causes one to get angry when they ask for many things which are not necessary.

Regarding bonuses or promotions, we must check the wagering requirements so that we don't misunderstand because many of us forget about that and just deposit money and play gambling. But when we win and want to withdraw the money, we are faced with a KYC request by the casino, which makes us feel cheated by the terms behind the promotion even though it is written that other requirements are needed before we can withdraw the money. And when the casino takes 3 days, I think it's still within reasonable limits because the casino needs to ensure that its members are not involved in any illegal activity. But it is questionable if it has passed 7 days because we have waited too long for the verification process and desire to withdraw money.

If the casino that we use does not require mandatory KYC, maybe if it's only a small withdrawal, we can still easily do it without any requirements, but for large withdrawals, usually a new KYC will be requested.
In contrast to casinos that require KYC because they will ask for KYC at the beginning of registration and in any form of transaction in any amount they must have verified KYC.
I agree with you, we must always check the terms and regulations of the casino so that there are no problems when wanting to make a withdrawal, even if it's only a small amount.
On average, KYC verification only takes about 24 hours to 48 hours and if the process takes up to 7 days or more, be aware that the casino may not be trusted.

[Bitinity]

I think the discussion in the last few pages is no longer on topic, starting from wagering requirement for deposit with bonus and now turn into KYC related thing while it should be about wagering requirement for deposit without bonus. @OP I think this discussion is enough now and time to lock the topic. Otherwise the discussion might be too far away from the main topic you started. In conclusion for the main topic, players need to find about this term by reading the ToS page, if it is not available in the ToS page then ask the support of the casino so we can decide the best thing based on our own preferences. If the wagering requirement for deposit without bonus is too high, we can leave it and find other casinos that suit with us.

[Dunamisx]

I do not say anything when it comes to bonuses or promotions where they demand what they want, things that nobody can do, because they can do it because it is simply their promotions and bonuses, but when it comes to withdrawal I understand that they can ask for the KYC, but It seems exaggerated to me when they take more than 3 days to verify or that they demand many requirements to be able to verify, it is not something that seems good to me, a withdrawal must be approved quickly because that causes one to get angry when they ask for many things which are not necessary.

Regarding bonuses or promotions, we must check the wagering requirements so that we don't misunderstand because many of us forget about that and just deposit money and play gambling. But when we win and want to withdraw the money, we are faced with a KYC request by the casino, which makes us feel cheated by the terms behind the promotion even though it is written that other requirements are needed before we can withdraw the money. And when the casino takes 3 days, I think it's still within reasonable limits because the casino needs to ensure that its members are not involved in any illegal activity. But it is questionable if it has passed 7 days because we have waited too long for the verification process and desire to withdraw money.

A good and professional gambler should take his time to read on the gambling platform their policies and regulations required, all these would have been well stated there but because we count them irrelevant and later to discover how relevant they were when we fail to go by them, the most difficult part of it is that we received this restrictions the time we needed them most, then we begin to complain about the platform and so on that they are not fair enough.

[Synchronice]

Indeed, you've touched on a topic that stirs up quite the debate. The differences in the verification process between land-based and online casinos can certainly feel intrusive.

Consider this, though: online platforms don't have the advantage of physically seeing their clients, making it easier for individuals to hide illicit activities or engage in money laundering. Land-based casinos, on the other hand, can monitor their clientele more closely.

And how does seeing a person in real life give any advantage to casino? How can one hide illicit activities in online casino but isn't unable to do so in land-based casino? Money laundering is money laundering, none casino can get the idea of where does your money come from in real life. This is just bullshit, in real life they give you such comfort and atmosphere with beautiful girls that if we keep in mind the psychology of average male, in that are that person is gonna spend all the money and most of them do so to look cool in front of beautiful women and don't analyze that they don't care about him. Overall, casinos need your ID card to verify that you are 18 or higher, that's all.

None casino asks you for KYC unless you withdraw a lot of money, it's just a form of excuse from their side, they know that some people value their privacy and aren't going to submit KYC documents, in this case casino keeps all the profit.
If they really care about money laundering, why don't they ask me where did I get my 1 BTC to deposit on their website? Oh, that gets hot and interesting when I'm going to withdraw? C'mon!

[piebeyb]

I think the discussion in the last few pages is no longer on topic, starting from wagering requirement for deposit with bonus and now turn into KYC related thing while it should be about wagering requirement for deposit without bonus. @OP I think this discussion is enough now and time to lock the topic. Otherwise the discussion might be too far away from the main topic you started. In conclusion for the main topic, players need to find about this term by reading the ToS page, if it is not available in the ToS page then ask the support of the casino so we can decide the best thing based on our own preferences. If the wagering requirement for deposit without bonus is too high, we can leave it and find other casinos that suit with us.

Discussing KYC in casinos will never end being discussed and debated, so it will always be discussed in every casino thread including this thread, I also see the discussion is heading towards KYC not discussing the topic in this thread which is about wagering requirements for withdrawal , I also think this thread should have been locked before the discussion went off topic.

Talking about actual wagering requirements is already on the casino website itself from the existing terms and conditions, after all, before betting there's nothing wrong with reading the casino requirements so you don't get stuck with withdrawal problems that will be asked for wagering requirements with a certain nominal.

[Botnake]

Talking about actual wagering requirements is already on the casino website itself from the existing terms and conditions, after all, before betting there's nothing wrong with reading the casino requirements so you don't get stuck with withdrawal problems that will be asked for wagering requirements with a certain nominal.

Some casinos do not have the same wagering requirements as most casinos, which is why we are sometimes surprised in the end. However, if it's stated in the rules, then we can't consider them a bad casino. It's our responsibility to read and understand the terms of service (TOS). Ultimately, it depends on the satisfaction of the gamblers. If we're not satisfied with a particular casino, we are free to try other casinos with TOS that are convenient for us to follow.

Let us not make things complicated, you like a casino, you stay, you hate it the you leave.

[www.Gambler.Casino]

Another very bad year for the welcome bonus is a limit on winnings. Usually the limit is x10 of the bonus amount. For example, if you have a deposit of $100 and you have taken a 100% bonus - often in this case the maximum that can be withdrawn from the casino is $1000 
I categorically do not take such bonuses 

[klidex]

I do not say anything when it comes to bonuses or promotions where they demand what they want, things that nobody can do, because they can do it because it is simply their promotions and bonuses, but when it comes to withdrawal I understand that they can ask for the KYC, but It seems exaggerated to me when they take more than 3 days to verify or that they demand many requirements to be able to verify, it is not something that seems good to me, a withdrawal must be approved quickly because that causes one to get angry when they ask for many things which are not necessary.

Regarding bonuses or promotions, we must check the wagering requirements so that we don't misunderstand because many of us forget about that and just deposit money and play gambling. But when we win and want to withdraw the money, we are faced with a KYC request by the casino, which makes us feel cheated by the terms behind the promotion even though it is written that other requirements are needed before we can withdraw the money. And when the casino takes 3 days, I think it's still within reasonable limits because the casino needs to ensure that its members are not involved in any illegal activity. But it is questionable if it has passed 7 days because we have waited too long for the verification process and desire to withdraw money.

A good and professional gambler should take his time to read on the gambling platform their policies and regulations required, all these would have been well stated there but because we count them irrelevant and later to discover how relevant they were when we fail to go by them, the most difficult part of it is that we received this restrictions the time we needed them most, then we begin to complain about the platform and so on that they are not fair enough.

Not only professional gamblers who must read casino rules before carrying out gambling activities.
It all must be done by all gamblers to avoid any violations that we may accidentally violate or have other problems such as wagering conditions for withdrawal.
From this we can realize that reading the entire casino rules is very important.

[Unbunplease]

Each casino has a certain reserve of its own funds, which it uses to cover player winnings. If players are too lucky, the casino will not be able to pay out their winnings. So withdrawal restrictions are one sign - at least to me - that a casino has a problem with its own funds.

[paxmao]

I do not say anything when it comes to bonuses or promotions where they demand what they want, things that nobody can do, because they can do it because it is simply their promotions and bonuses, but when it comes to withdrawal I understand that they can ask for the KYC, but It seems exaggerated to me when they take more than 3 days to verify or that they demand many requirements to be able to verify, it is not something that seems good to me, a withdrawal must be approved quickly because that causes one to get angry when they ask for many things which are not necessary.

Regarding bonuses or promotions, we must check the wagering requirements so that we don't misunderstand because many of us forget about that and just deposit money and play gambling. But when we win and want to withdraw the money, we are faced with a KYC request by the casino, which makes us feel cheated by the terms behind the promotion even though it is written that other requirements are needed before we can withdraw the money. And when the casino takes 3 days, I think it's still within reasonable limits because the casino needs to ensure that its members are not involved in any illegal activity. But it is questionable if it has passed 7 days because we have waited too long for the verification process and desire to withdraw money.

When I walk into a land based casino I have to hand them my ID card. They run it through a scanner, then they hand me my ID back and tell me welcome and good luck. They don't ask me where I got my money, am I doing anything illegal, or if it's ok for them to verify me for 3-7 days.

I'm sure when they scan my ID they may check for warrants or something, but other then that they tell me good luck and move on to the next person. Why is it different online? Why do I need to verify my source of income? KYC is too invasive IMO.

Indeed, you've touched on a topic that stirs up quite the debate. The differences in the verification process between land-based and online casinos can certainly feel intrusive.

Consider this, though: online platforms don't have the advantage of physically seeing their clients, making it easier for individuals to hide illicit activities or engage in money laundering. Land-based casinos, on the other hand, can monitor their clientele more closely.

Furthermore, online platforms operate globally, which brings a multitude of legal jurisdictions into play. To abide by various international laws, particularly those pertaining to money laundering, these platforms are compelled to adopt stringent KYC policies.

Could there be a less invasive way to ensure compliance? Possibly! It's definitely a matter worthy of further discussion and exploration.

While KYC procedures may feel invasive to some, they are intended to protect users and the sites alike. You must have a very good reason to not play along these, and yes, the fact there are many jurisdictions makes it much more difficult. Platforms typically have privacy policies in place to safeguard user information and comply with data protection laws but that is very dependent on the country.

[wxa7115]

You are not wrong however it is undeniable that some casinos have some wagering requirements that are very hard to achieve and this is what bothers some gamblers, as only by gambling nonstop they will be able to fulfill those requirements.

It is because of this that is important to read the requirements of each bonus before we accept it, as in my experience trying to fulfill those requirements takes a great deal of the fun I get from gambling, since instead of gambling just for the fun of it I will being to gamble with the idea of fulfilling those requirements no matter what.

I do not say anything when it comes to bonuses or promotions where they demand what they want, things that nobody can do, because they can do it because it is simply their promotions and bonuses, but when it comes to withdrawal I understand that they can ask for the KYC, but It seems exaggerated to me when they take more than 3 days to verify or that they demand many requirements to be able to verify, it is not something that seems good to me, a withdrawal must be approved quickly because that causes one to get angry when they ask for many things which are not necessary.

You are right, however I really believe that when it comes to things like that the market is very efficient at self-regulating itself, after all if people are offered to play at two different casinos, one in which their withdrawals are almost instantaneous and one where they need to wait several days, which one do you think they will pick?

The one with instantaneous withdrawals, of course, so give it enough time and a casino like that will have to change their policies or go bankrupt, as they cannot compete against the casino which offer fast withdrawals.

[Fredomago]

Talking about actual wagering requirements is already on the casino website itself from the existing terms and conditions, after all, before betting there's nothing wrong with reading the casino requirements so you don't get stuck with withdrawal problems that will be asked for wagering requirements with a certain nominal.

Some casinos do not have the same wagering requirements as most casinos, which is why we are sometimes surprised in the end. However, if it's stated in the rules, then we can't consider them a bad casino. It's our responsibility to read and understand the terms of service (TOS). Ultimately, it depends on the satisfaction of the gamblers. If we're not satisfied with a particular casino, we are free to try other casinos with TOS that are convenient for us to follow.

Let us not make things complicated, you like a casino, you stay, you hate it the you leave.

As easy as that, and very logical in terms of reading TOS as everything was written, and it's our obligation to read and understand what's inside the rules, unless it's a direct scamming practice where the owners/facilitators is doing changing things in favor of the house, but it's better to listen with your last statement, if you like to stay it's your right to stay if you don't want the service then no one will force you to stay, you can quit your way and not to bother using the site / service again.

[delfastTions]

Talking about actual wagering requirements is already on the casino website itself from the existing terms and conditions, after all, before betting there's nothing wrong with reading the casino requirements so you don't get stuck with withdrawal problems that will be asked for wagering requirements with a certain nominal.

Some casinos do not have the same wagering requirements as most casinos, which is why we are sometimes surprised in the end. However, if it's stated in the rules, then we can't consider them a bad casino. It's our responsibility to read and understand the terms of service (TOS). Ultimately, it depends on the satisfaction of the gamblers. If we're not satisfied with a particular casino, we are free to try other casinos with TOS that are convenient for us to follow.

Let us not make things complicated, you like a casino, you stay, you hate it the you leave.

As easy as that, and very logical in terms of reading TOS as everything was written, and it's our obligation to read and understand what's inside the rules, unless it's a direct scamming practice where the owners/facilitators is doing changing things in favor of the house, but it's better to listen with your last statement, if you like to stay it's your right to stay if you don't want the service then no one will force you to stay, you can quit your way and not to bother using the site / service again.

Of course, you should always read the TOS carefully.  However, sometimes the devs and, accordingly, the legal services of the casino draw up separate requirements and TOS clauses in such a way that the details of these rules can only be understood by carefully reading them several times.  Another option for interpreting the points of the rules is the general norms of the current legislation in the jurisdiction in which this casino is registered.  And often a simple player has no idea about such general rules of law.  And in disputable, critical situations, such norms can be applied, which will be completely unexpected for a player who is not very well prepared in legal terms.  And then there are scandals with support and sometimes even in courts. 
However, the interpretation of individual points of the TOS is always based on the general rules of law in a judicial proceeding.  And there is little chance for such a negligent player to prove his position in court and win the lawsuit.

 I wrote this so that you would think carefully about the individual points of the TOS when you read them, precisely taking into account the general rules of law.  And such rules of law also need to be known for a particular jurisdiction.  For example, a provision such as the application of case law or the absence of such practice.  This is done differently in different countries.

[Fivestar4everMVP]

You are not wrong however it is undeniable that some casinos have some wagering requirements that are very hard to achieve and this is what bothers some gamblers, as only by gambling nonstop they will be able to fulfill those requirements.

It is because of this that is important to read the requirements of each bonus before we accept it, as in my experience trying to fulfill those requirements takes a great deal of the fun I get from gambling, since instead of gambling just for the fun of it I will being to gamble with the idea of fulfilling those requirements no matter what.

I do not say anything when it comes to bonuses or promotions where they demand what they want, things that nobody can do, because they can do it because it is simply their promotions and bonuses, but when it comes to withdrawal I understand that they can ask for the KYC, but It seems exaggerated to me when they take more than 3 days to verify or that they demand many requirements to be able to verify, it is not something that seems good to me, a withdrawal must be approved quickly because that causes one to get angry when they ask for many things which are not necessary.

You are right, however I really believe that when it comes to things like that the market is very efficient at self-regulating itself, after all if people are offered to play at two different casinos, one in which their withdrawals are almost instantaneous and one where they need to wait several days, which one do you think they will pick?

The one with instantaneous withdrawals, of course, so give it enough time and a casino like that will have to change their policies or go bankrupt, as they cannot compete against the casino which offer fast withdrawals.

Well spoken, no body likes their money to hang in the air or where ever for several hours, not to talk of days, any Casino that have the habit of delaying customers withdrawal will definitely lose a lot of customers in the long run..
Even though I understand that, one of the reasons why some casinos delay customer's withdrawal is due to the fact that they may have empty reserve, and waiting for customers to loose some money so they could raise money to settle the withdrawal request,, this is mostly common with small casinos, or casinos that are lunched newly and still growing, but then, the above is still not an excuse for some really serous gamblers.

[piebeyb]

Talking about actual wagering requirements is already on the casino website itself from the existing terms and conditions, after all, before betting there's nothing wrong with reading the casino requirements so you don't get stuck with withdrawal problems that will be asked for wagering requirements with a certain nominal.

Some casinos do not have the same wagering requirements as most casinos, which is why we are sometimes surprised in the end. However, if it's stated in the rules, then we can't consider them a bad casino. It's our responsibility to read and understand the terms of service (TOS). Ultimately, it depends on the satisfaction of the gamblers. If we're not satisfied with a particular casino, we are free to try other casinos with TOS that are convenient for us to follow.

Let us not make things complicated, you like a casino, you stay, you hate it the you leave.

Yes, it all comes back to the gambler's decision to continue the game or not because the rules are very complicated, whereas he can leave the casino if he really feels uncomfortable with it, there are also those who complained in this thread but in the end they didn't get an unsatisfactory answer either and in the end finally he left the casino.

No options, sometimes people always make it complicated when he can leave the casino at any time before playing if it's because of the TOS which makes him uncomfortable, why use that as a reason to complain that the casino has conditions that don't look good, I never complain about small things like this, beginners usually sometimes make it complicated