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Author Topic: Wagering requirements for withdraw  (Read 4814 times)
wxa7115
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July 12, 2023, 01:28:27 AM
 #581

if you ask me how many casinos I have already created an account in and read their TOS my answer will be short and quick: no casino. I know this is not a good thing, but it is strange that when I see someone complaining about a casino I immediately do some research and read the TOS of the casino that the person is complaining about. It is true that people must read the TOS of the casinos and must respect them, but it is also necessary to see that some new casinos are putting TOS that do not make much sense in legal terms, if someone takes a lawyer and puts the new casino that there are certain meaningless TOS the court will agree with the person who is complaining

this is because in my opinion many new casinos and even the established ones do not have a legal team and when they put the TOS they copy it from other casinos and then modify it to be able to use it as a weapon against their customers, and unfortunately this is something that has given results for some new casinos , they are deceiving and robbing customers, always using things like: against TOS and many accounts and cheats, all this and arguments for not paying, this has been the path that new casinos use, so even if people read the TOS this does not prevent casinos from using their toss against customers
I think the majority of the gamblers out there when they think about the very first thing they want to do when they finalize the process of creating an account at a new casino, do not consider reading a legal document regarding their responsibilities toward the casino as being at the top of their list.

Still it is important to do so, because as you mention there are casinos out there which are looking to aggressively use their TOS against their clients as a way to rob them.
tusandii
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July 12, 2023, 02:16:50 AM
 #582

I think the majority of the gamblers out there when they think about the very first thing they want to do when they finalize the process of creating an account at a new casino, do not consider reading a legal document regarding their responsibilities toward the casino as being at the top of their list.

Still it is important to do so, because as you mention there are casinos out there which are looking to aggressively use their TOS against their clients as a way to rob them.
For the novice gamblers I also found they don't want to read the regulations of the casino and after some time they file a complaint because they have experienced the problem of violation of the casino rules.
The importance of reading and understanding casino policies is that we can avoid problems and be more careful in every action so as not to violate existing regulations.

But that only applies to small casinos that don't have a very good reputation.
After all, there are lots of big and trusted casinos that we can use, so it's better to avoid shady casinos that could make us suffer losses in the future.

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piebeyb
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July 12, 2023, 03:51:21 AM
 #583

I think the majority of the gamblers out there when they think about the very first thing they want to do when they finalize the process of creating an account at a new casino, do not consider reading a legal document regarding their responsibilities toward the casino as being at the top of their list.

Still it is important to do so, because as you mention there are casinos out there which are looking to aggressively use their TOS against their clients as a way to rob them.
[/quote]
Not many pay attention to this, even though it is important to read the terms and TOS at the casino, especially if you are playing with big money, of course, don't underestimate their requirements, which will have problems later when making withdrawals, for example on KYC. It is also important to read that before playing, at least complete KYC at Initially, if you really believe in the casino, use big money to play.

Apart from that, there are also wagering requirements that must be looked at because the average person is too lazy to read them, so it's not easy for them to make withdrawals just like that, let alone make a deposit and then withdraw it, of course it can't be done because the system will detect money laundering, at least play some betting games to be able to interesting.

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ethereumhunter
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July 12, 2023, 10:00:48 AM
 #584

I think the majority of the gamblers out there when they think about the very first thing they want to do when they finalize the process of creating an account at a new casino, do not consider reading a legal document regarding their responsibilities toward the casino as being at the top of their list.

Still it is important to do so, because as you mention there are casinos out there which are looking to aggressively use their TOS against their clients as a way to rob them.
Yes, it is their fault that they did not read the documents or regulations in the casino. That could cause problems for them, especially if they were to win a big win. They will find it difficult to comply with the regulations and require further verification. And those who don't agree think the casino is cheating them by adding those rules to their TOS even though those rules were there long ago before they registered. But if it is a shady casino, there is a TOS or no TOS, the casino will cheat its users so we shouldn't be surprised when we hear that there are people who cannot verify at a shady casino.

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Fredomago
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July 12, 2023, 09:05:36 PM
 #585

I think the majority of the gamblers out there when they think about the very first thing they want to do when they finalize the process of creating an account at a new casino, do not consider reading a legal document regarding their responsibilities toward the casino as being at the top of their list.

Still it is important to do so, because as you mention there are casinos out there which are looking to aggressively use their TOS against their clients as a way to rob them.
Yes, it is their fault that they did not read the documents or regulations in the casino. That could cause problems for them, especially if they were to win a big win. They will find it difficult to comply with the regulations and require further verification. And those who don't agree think the casino is cheating them by adding those rules to their TOS even though those rules were there long ago before they registered. But if it is a shady casino, there is a TOS or no TOS, the casino will cheat its users so we shouldn't be surprised when we hear that there are people who cannot verify at a shady casino.

In a shady casino where those cheat is possible to happened, they are not putting the business for long term but just to open it and try to suck money out from gamblers who wanted to take advantage of their offers, but it is different from established casinos where they have those TOS before you sign up and it's more on your fault if you missed reading all the details with the terms and conditions.

More on people who take time to read and know what are the rules behind those offers. They are more into knowing the grounds and
not just taking the offer, as they understand that there's always something behind.

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ethereumhunter
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July 13, 2023, 07:47:29 AM
 #586

In a shady casino where those cheat is possible to happened, they are not putting the business for long term but just to open it and try to suck money out from gamblers who wanted to take advantage of their offers, but it is different from established casinos where they have those TOS before you sign up and it's more on your fault if you missed reading all the details with the terms and conditions.

More on people who take time to read and know what are the rules behind those offers. They are more into knowing the grounds and
not just taking the offer, as they understand that there's always something behind.
A shady casino will not think of the business long term as they could easily launch another shady casino once they have already made a lot of money from their conned members. They may even have a lot of shady casinos that people don't know that shady casinos are part of other shady casinos. And it makes people who have experienced fraud before become exposed to fraud again. The difference between a shady casino and a trusted casino is the services provided because a trusted casino will not try to cheat its members. And trusted casinos already have clear TOS so that each member must read them so they don't break the rules.

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July 13, 2023, 02:20:47 PM
 #587

And trusted casinos already have clear TOS so that each member must read them so they don't break the rules.

The question raised is whether all gamblers who sign up with a particular gambling site read the TOS. It is true that only a few of us actually take the time to read the TOS. Typically, those who do read the TOS are likely gamblers who are planning to wager significant amounts of money or individuals who prioritize understanding the terms and conditions of their engagement. However, for many typical gamblers who do not bet substantial amounts, the common practice is to simply click through, move to the next step, and agree without thoroughly reviewing the TOS.

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July 13, 2023, 07:43:22 PM
 #588



It is true that sometimes we join certain promotions and many contests and bonuses, which sound and look so good that we do not bother to read the rules to take them, and that is when we give ourselves the first mental blow, because we can win everything we u want, but when we go to withdraw they will not let us due to the requirements, and yes, 10x for many may be somewhat reasonable, but for me in particular it is not, I think that at most it is 1x, but for the rest I think that more than there is much more, things in casinos can change, and there are people who if they take these challenges, and even win and fulfil everything, but I don't have the patience for it.

Those who get carried away with the quest to claim bonuses often time forget to read and noticed the conditions that accompany such bonuses and in most cases, those bonuses come with a lot of wager requirement that is almost impossible for the gambler to reach and if one wants to be free from being subject to such insane wager demand then we must avoid bonus claims that are too good as far as I know,  any bonus that needs a 5x wager requirement is already a bad option and at most 1 x should be considered ok at most.

Yes, among the casinos that I have seen that I can play with wagering requirements is at bitcasion.io, I like their style, they are what they are looking for, the requirements are not exaggerated, if I remember correctly it is 1x, it seems to me something very good Of course, I am a person who really likes my casino, which is stake.com, especially the slots, playing poker for a while, dice, black jack, what I like is that when you deposit you don't have to take a bonus, it's mandatory, but what is deposited if it is multiplied is withdrawn normally, it is as it should be, the KYC requirement is not so demanding.

That is why the most reputable casinos are those that always give us facilities to have options to win and withdraw without problems, stake.com has that option, sometimes things can be very different with other casinos, for example some are so demanding With the KYC, it becomes a nuisance and that is what annoys the players, because when they put so many obstacles and they want to withdraw, the first thing they think is that the casino will try not to withdraw and sometimes because of these things they start the problems.

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July 13, 2023, 10:08:37 PM
 #589

And trusted casinos already have clear TOS so that each member must read them so they don't break the rules.

The question raised is whether all gamblers who sign up with a particular gambling site read the TOS. It is true that only a few of us actually take the time to read the TOS. Typically, those who do read the TOS are likely gamblers who are planning to wager significant amounts of money or individuals who prioritize understanding the terms and conditions of their engagement. However, for many typical gamblers who do not bet substantial amounts, the common practice is to simply click through, move to the next step, and agree without thoroughly reviewing the TOS.

You said it right, when you are planning to stay and use a decent amount of money especially when participating with some promotions that the house are offering, you will be needed to be equipt by knowledge about any rules in order for you to earn or to receive the offer, users and agreement is always your key to learn more about the offers and for you to have a backup evidence in case something bad or something happened when you are ready to cash out your money.

Always take time and always make sure that you are using casinos who already gained trust and have that good support whenever you need details about the promotions.

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July 14, 2023, 02:57:05 AM
 #590

Almost most casinos here in cryptocurrency have wager requirements, and once you deposit you have to play and you can't because you can't withdraw the money you put in. Because they do have a minimum wagering, and they differ in the amount because just like betfury at least you must accumulate 100$ total in your betting on the game whether you lose or win and when you achieve that and then you can withdraw, same in Bitcasino I just don't know how much amount they need for the wager and other gambling that I won't mention it.

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July 14, 2023, 04:12:11 AM
 #591

Almost most casinos here in cryptocurrency have wager requirements, and once you deposit you have to play and you can't because you can't withdraw the money you put in. Because they do have a minimum wagering, and they differ in the amount because just like betfury at least you must accumulate 100$ total in your betting on the game whether you lose or win and when you achieve that and then you can withdraw, same in Bitcasino I just don't know how much amount they need for the wager and other gambling that I won't mention it.

Do you mean that in betfury the minimum wagering requirement is of 100$ even if you deposit less amount like 10 or 20$ ?
This is really strange and I guess not right. I heard most casinos will ask you to wager 1x the amount deposit and few may ask for 2x/3x but i never knew a casino that required a certain amount to be wagered.

By the way, wagering is not a big deal for routine gamblers because they usually will keep on gambling until they are out of balance. If someone is not looking to gamble, he or she should not deposit in a casino.

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July 14, 2023, 06:13:53 AM
 #592

The question raised is whether all gamblers who sign up with a particular gambling site read the TOS. It is true that only a few of us actually take the time to read the TOS. Typically, those who do read the TOS are likely gamblers who are planning to wager significant amounts of money or individuals who prioritize understanding the terms and conditions of their engagement. However, for many typical gamblers who do not bet substantial amounts, the common practice is to simply click through, move to the next step, and agree without thoroughly reviewing the TOS.
Not all gamblers read the TOS in casinos because many underestimate it because they think that the TOS in all casinos has the same content. But not because there might be differences between one casino and another, so we must be observant in understanding the rules. But regardless of whether they will use large or small amounts of money, knowing the TOS is our obligation so that we don't violate casino rules and can play gambling in peace and withdraw the winnings without any problems.

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July 14, 2023, 06:17:04 AM
 #593

By the way, wagering is not a big deal for routine gamblers because they usually will keep on gambling until they are out of balance. If someone is not looking to gamble, he or she should not deposit in a casino.

It is a big deal if the wagering requirement is above normal, not all gamblers will keep on betting especially if they are on profit unless you are referring to greedy and addicted gamblers who will not stop and withdraw their profit because they think the profit is still not enough. Imagine if you experience it yourself when you make deposit and hit a decent win after you wager 1-2x of your deposit but you cant withdraw your money because the wagering requirement for your deposit is lets say 5x.

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July 14, 2023, 06:31:55 AM
 #594

By the way, wagering is not a big deal for routine gamblers because they usually will keep on gambling until they are out of balance. If someone is not looking to gamble, he or she should not deposit in a casino.

It is a big deal if the wagering requirement is above normal, not all gamblers will keep on betting especially if they are on profit unless you are referring to greedy and addicted gamblers who will not stop and withdraw their profit because they think the profit is still not enough. Imagine if you experience it yourself when you make deposit and hit a decent win after you wager 1-2x of your deposit but you cant withdraw your money because the wagering requirement for your deposit is lets say 5x.

Most gamblers should know that the bonus in wagering requirements should be high,that is a bait from the casino to keep us playing.While that would be a very bad situation winning it big and not being able to withdraw because of wagering requirements you should know that in most reputable casinos every bet counts toward getting better VIP levels or tiers so keep playing there and even if you lose that amount trying to fulfill the wagering requirement you got a side benefit as you leveled up because of that.

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July 14, 2023, 07:24:36 AM
 #595

By the way, wagering is not a big deal for routine gamblers because they usually will keep on gambling until they are out of balance. If someone is not looking to gamble, he or she should not deposit in a casino.

It is a big deal if the wagering requirement is above normal, not all gamblers will keep on betting especially if they are on profit unless you are referring to greedy and addicted gamblers who will not stop and withdraw their profit because they think the profit is still not enough. Imagine if you experience it yourself when you make deposit and hit a decent win after you wager 1-2x of your deposit but you cant withdraw your money because the wagering requirement for your deposit is lets say 5x.
So actually this is not a problem for someone who doesn't want to gamble, but because casinos are worried about money laundering that their users can do so they have rules for users who make deposits and can't just withdraw them, for example having to reach a bet several times or reach a certain amount. specified bet. therefore it is important for gamblers to read before making a deposit and playing. because gambling always has a big risk in it.

Usually people are negligent and don't read before playing, so they actually make it difficult for themselves when they have to lose money to play first and it's not easy to withdraw it right away. fortunately I always read the TOS and other regulations so that my money is safe.  Wink

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July 14, 2023, 09:14:36 AM
 #596

By the way, wagering is not a big deal for routine gamblers because they usually will keep on gambling until they are out of balance. If someone is not looking to gamble, he or she should not deposit in a casino.

It is a big deal if the wagering requirement is above normal, not all gamblers will keep on betting especially if they are on profit unless you are referring to greedy and addicted gamblers who will not stop and withdraw their profit because they think the profit is still not enough. Imagine if you experience it yourself when you make deposit and hit a decent win after you wager 1-2x of your deposit but you cant withdraw your money because the wagering requirement for your deposit is lets say 5x.

We need to categorize the gamblers and then get their point of view on the wagering requirements. Those who are rich, they won't care much about the wagering and also won't worry if they lose some money through wagering.

However, people like me, will think twice or more about wagering and all these requirements because we cannot lose our hard earned money. I understand that there is no win guaranteed in gambling but still we take every step and precautions to minimize our loss.

Usually people are negligent and don't read before playing, so they actually make it difficult for themselves when they have to lose money to play first and it's not easy to withdraw it right away. fortunately I always read the TOS and other regulations so that my money is safe.  Wink

This is ignorance on the part of the gambler and is simply not tolerable. If a gambler can read the terms and conditions, such a person deserve to have a loss.  Sad  No one will have sympathy for such a person.

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July 14, 2023, 07:06:49 PM
 #597

we must make sure that anytime we are doing is to our own advantage as a gambler. We don't need to stress ourselves to bet and make money now since many of the activities we need to take now is online. Once we have internet connection, we can be rest assured that we cam access any gambling platform of our choice and make bet with any amount that we have to bet with.
That is if a person knows he does not need to gamble so often and keeps himself busy with other activities. But if he is still curious about gambling, he will not do anything else but will instead use other money to gamble.

But we know that traditional and online casinos have advantages and disadvantages, and we cannot say that online casinos, especially crypto, are the best because those using fiat casinos would probably say otherwise. So the advantages and disadvantages of online and offline casinos will not be noticed by gamblers because gamblers know which one they can choose.
One of the advantages of using an online casino which I feel may not be of significant to many other person's opinion is that fact that the knowledge of you being a gambler is easily concealed among the public where you live. Unlike using the normal traditional casinos where eyes would at different times sight you walking in and out of a physical casino, it is not so with the online where you can sit at your couch and gamble.
So for those who wants to keep their gambling lifestyle anonymous the online casino is a good choice to masked in specially for the introverts in society.
Yes, it is an option, the only thing is that the anonymity is not complete until the KYC is requested, and then it is no longer anonymous and private, so the clarity of things can sometimes be seen in different ways, in a casino physical You are under surveillance, the cameras, some players, guards, the same caretakers of the casinos, are many factors that are always taken into consideration.

But few very good and trustworthy casinos have a great reputation, I know a very good one which is freebitco.in, it keeps a pun without asking players for KYC, which I think is great, there are also very trustworthy casinos. for KYC but they are very reliable, and that good reputation is what convinces anyone that things can still be a bit more secure, though not entirely because there is always a risk of hacking.

I think that in no way is it important to say that there is a very secure casino and another that is not, because there will always be a risk that it will be violated, be it a physical casino or an online casino, they will always have ways to violate them, that is why the work of the digital security agents, physical security have to be 100% all the time, to guarantee that the casino is always reliable, of course if a casino is bequeathed to be robbed or something similar, it should be that they answer for the money of their customers, that is something that should not even be said because it is supposed to , but it must be Mentioned.

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July 18, 2023, 12:45:56 AM
 #598

By the way, wagering is not a big deal for routine gamblers because they usually will keep on gambling until they are out of balance. If someone is not looking to gamble, he or she should not deposit in a casino.

It is a big deal if the wagering requirement is above normal, not all gamblers will keep on betting especially if they are on profit unless you are referring to greedy and addicted gamblers who will not stop and withdraw their profit because they think the profit is still not enough. Imagine if you experience it yourself when you make deposit and hit a decent win after you wager 1-2x of your deposit but you cant withdraw your money because the wagering requirement for your deposit is lets say 5x.
Casinos without a doubt face a difficult decision, on one hand they may like for the wagering requirements to be as high as possible as this increases the advantage they have over the player by exposing them to their house edge for more bets.

But at the same time they do not want to antagonize their clients by setting wagering requirements that are impossible to accomplish, as this could cause them to lose customers over the long term, however we need to also recognize that a great deal of those which end up complaining about it are people that did not read the TOS and now they are mad they cannot make a withdrawal.
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July 18, 2023, 04:02:19 AM
 #599

Almost most casinos here in cryptocurrency have wager requirements, and once you deposit you have to play and you can't because you can't withdraw the money you put in. Because they do have a minimum wagering, and they differ in the amount because just like betfury at least you must accumulate 100$ total in your betting on the game whether you lose or win and when you achieve that and then you can withdraw, same in Bitcasino I just don't know how much amount they need for the wager and other gambling that I won't mention it.
Indeed, it has become a rule in all casinos, and maybe it's only one casino that I know that they don't have a wagering requirement rule, but I don't know if that still applies because they have experienced several changes to the rules on the gambling site, but what's interesting is that there are casinos that don't applying 1x and so on in the wager requirements but mentioning the amount of money that must be wagered before being able to make a withdrawal, the amount of $ 100 is very small for high rollers because they are used to making large deposits and with these rules there are certainly no obstacles for them to make withdrawals even though they will it is strange if there are players who make deposits with large amounts of money but only use a small portion to play and after that make withdrawals, small players will also benefit if they can get big wins and reaching $ 100 will be easy so withdrawals can be made immediately.

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TheGreatPython
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July 18, 2023, 09:51:00 AM
 #600

By the way, wagering is not a big deal for routine gamblers because they usually will keep on gambling until they are out of balance. If someone is not looking to gamble, he or she should not deposit in a casino.
It is a big deal if the wagering requirement is above normal, not all gamblers will keep on betting especially if they are on profit unless you are referring to greedy and addicted gamblers who will not stop and withdraw their profit because they think the profit is still not enough. Imagine if you experience it yourself when you make deposit and hit a decent win after you wager 1-2x of your deposit but you cant withdraw your money because the wagering requirement for your deposit is lets say 5x.
Most gamblers should know that the bonus in wagering requirements should be high,that is a bait from the casino to keep us playing.While that would be a very bad situation winning it big and not being able to withdraw because of wagering requirements you should know that in most reputable casinos every bet counts toward getting better VIP levels or tiers so keep playing there and even if you lose that amount trying to fulfill the wagering requirement you got a side benefit as you leveled up because of that.
It is basically not about the wagering requirement for the bonuses provided, but it is about the wagering requirement for the deposit itself without any bonus, like when you make a deposit without taking any bonus, you will be required to complete a certain but lower wagering requirement before you can be able to request a withdraw, this requirement is generally low like 1x or 2x but it can go up to 5x or maybe more if a casino wants.

And I don't really think that an average gambler can complete a VIP level just by wagering small amounts when trying to complete a wagering requirement, only whales and high rollers can achieve such a feat and we normal gamblers can only dream about things like that.

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