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Author Topic: List of crypto casinos with high wagering requirements  (Read 1222 times)
Blitzboy
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June 14, 2023, 11:29:25 AM
 #121

~

Casinos always have plenty of options to win through customers, and one of those is bonuses, but consequently the bonuses offered by casinos are always in one of the conditions to offer the best for players, as they have to attract somehow to the players, but the bad thing is the double-edged sword that these bonuses have, yes I personally do not like to take those bonuses, I prefer to use my own balance, if I lose I assume it and if I win then I make my request retirement because I have earned money and I have the right to have it, it is something normal.

Bonuses that are actually burdens in disguise. Is it not bizarre how these bonuses, rather than increasing a player' fortune, deplete it instead?

Your experience speaks volumes about the clever strategies casinos employ to ensure their coffers remain full. Its a one-sided game, where the house always wins. But should we blame the casino for playing its hand well, or the gamblers for failing to read the fine print?

Its commendable, indeed, that you prefer to rely on your own balance rather than the seductive allure of bonuses. Perhaps your strategy serves as a testament to the age-old wisdom: there's no such thing as free lunch, especially not in the world of gambling

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June 14, 2023, 07:23:11 PM
 #122

I don`t like such requirements, but if we are going to use just one casino for gambling - it would be a problem only on start. It can be a problem for bonushunters or when you only choosing your casino. Later you are just gambling with easy deposit and withdraw. May be it is normally for my kind of gambling - i mostly deposit one time and gamble for it for month or even longer.
I don't see much point in bonus hunters, many years ago casino bonuses were more attractive because they focused more on giving players free things, now it is not like that, if there is no deposit there is no bonus, and the bonus is actually not good but more money to get excited about so you can have more "win" but we all know how this is, its what they call mirages so bonuses and bonus hunters are pretty risky to take on this period, there are casinos that I have seen that offer very good things like in roobet that there are art contests.
Some people might take it this way, but bonuses these days aren't provided to give players some benefits or an upper hand, they are just marketing strategies that casinos use to attract more gamblers to their platform but they do it in such a way that gamblers don't even realize that they have been trapped and they cannot get out of that trap until they complete a certain wagering requirement.

A few gamblers manage to complete the wagering requirements without losing everything including their deposit with the bonus provided but the numbers are very small because most of the players just lose the bonus along with the money they've deposited only in the process of completing the wagering requirement.

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Coinbox1
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June 27, 2023, 02:09:43 PM
 #123


Trustdice.win|x5|In order to make a withdrawal you must wager 5x from the deposit amount||


Hi GxSTxV and everyone else,


TrustDice official rep here!

We’d love to bring it to your attention that we have recently amended the related terms. The 5x wagering requirement currently only applies to the first deposit made by a new player. For all the other deposits, there is literally no wager requirement at all.

To put this in context, let's say I'm a new player at TrustDice and I made a 400 USDT 1st deposit, which I soon lost to the house. I then made a second deposit of 1000 USDT, wagered it 1.6 times, and hit some winnings. At this point, say there is 2000 USDT in the balance. Now I made the decision to withdraw these 1400 USDT.

This withdrawal will be approved, unless of course, other red flags or other violations appear - but in that case it will have nothing to do the wager requirement clause.


Thank you,
TrustDice Team

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June 27, 2023, 02:37:45 PM
 #124

I’m a bit confused. You say that casinos have wagering requirements to withdraw a no-bonus deposit. Does that mean if you deposit your own funds that they will not let you withdraw until you’ve gambled a certain amount? I could understand if it was for some sort of deposit bonus, but otherwise it sounds like you lose the second you make a deposit.
Any site that offers a deposit bonus will have a wagering requirement but I don't think a wagering requirement of more than 5x is fair. A maximum of 5x wagering is fine. But 1-2x is considered a fair wagering and gamblers can comfortably gamble there. But I don't understand why gamblers accept bonuses. Because if one accepts the bonus then there is no freedom for him. Wagering was imposed on him. And wagering is annoying so it's best to avoid bonuses and gamble with freedom

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GxSTxV (OP)
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June 27, 2023, 11:28:52 PM
 #125


Hi GxSTxV and everyone else,


TrustDice official rep here!

We’d love to bring it to your attention that we have recently amended the related terms. The 5x wagering requirement currently only applies to the first deposit made by a new player. For all the other deposits, there is literally no wager requirement at all.

To put this in context, let's say I'm a new player at TrustDice and I made a 400 USDT 1st deposit, which I soon lost to the house. I then made a second deposit of 1000 USDT, wagered it 1.6 times, and hit some winnings. At this point, say there is 2000 USDT in the balance. Now I made the decision to withdraw these 1400 USDT.

This withdrawal will be approved, unless of course, other red flags or other violations appear - but in that case it will have nothing to do the wager requirement clause.


Thank you,
TrustDice Team

Firstly I am glad to see that your team genuinely cares about its customers and gamblers taking the time to read this topic and address user concerns. It is my hope that other casinos also adopt a similar approach with their users

Regarding your rules it is a positive update that you have made the wagering requirements clearer to keep users informed and updated before they engage with these rules. Even though the wagering requirements that apply only to the first deposit have some missing points. While the example you provided is clear it does not cover the scenario where someone makes a very small initial deposit and intantionally loses it and then make a larger deposit to bypass these requirments.

I will try to give an example and kindly answer me if it is possible for the user to withdraw without any issues in this case:
Let's say a gambler makes a first deposit of $20 and loses it. Than make a second deposit of $500 and they wager only $500 or less. Would they be able to withdraw the entire amount, regardless of whether they won or lost some of it? Or they should wager more before withdrawing ?

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June 28, 2023, 04:55:30 AM
 #126

You have done well for the regular gamblers here in the crypto gambling business industry. And even for newbie gamblers, when they see these lists that you have made, they will no longer have a hard time shopping or finding gambling site platforms to play on.

And apart from that, they are aware of the casino platform they will enter here in the crypto space because the details and wagering requirements are already indicated in what you have done anyway, so thank you for this information.

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June 28, 2023, 05:29:54 AM
 #127

I’m a bit confused. You say that casinos have wagering requirements to withdraw a no-bonus deposit. Does that mean if you deposit your own funds that they will not let you withdraw until you’ve gambled a certain amount? I could understand if it was for some sort of deposit bonus, but otherwise it sounds like you lose the second you make a deposit.
Any site that offers a deposit bonus will have a wagering requirement but I don't think a wagering requirement of more than 5x is fair. A maximum of 5x wagering is fine. But 1-2x is considered a fair wagering and gamblers can comfortably gamble there. But I don't understand why gamblers accept bonuses. Because if one accepts the bonus then there is no freedom for him. Wagering was imposed on him. And wagering is annoying so it's best to avoid bonuses and gamble with freedom

x5 wagering for deposit without bonus is not fine, will you play in such casino where there is no chance for you to withdraw in case you get an early win after wagering 1-2x of your deposit because you need to wager x3-x4 more? This is not about bonus, it is about wagering requirement for your deposit only. Dont mix the things up as it will misunderstand others.

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June 28, 2023, 06:04:26 AM
 #128

x5 wagering for deposit without bonus is not fine, will you play in such casino where there is no chance for you to withdraw in case you get an early win after wagering 1-2x of your deposit because you need to wager x3-x4 more? This is not about bonus, it is about wagering requirement for your deposit only. Dont mix the things up as it will misunderstand others.
it's true that 1-2x the wagering requirement for a deposit is enough in my opinion because the wagering requirement reduces the chances of players with a final balance that is more than the deposit amount or at least the same, although it doesn't rule out the possibility for the balance to increase tens or even hundreds of times because you're getting lucky, and we know the wagering requirement for a deposit is one way for gambling sites to avoid money laundering but you also don't have to place very high wager req because this will certainly reduce the value of the casino because players will only play at the casinos with low wagering requirements for deposits.

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June 28, 2023, 07:26:00 AM
 #129

I will try to give an example and kindly answer me if it is possible for the user to withdraw without any issues in this case:
Let's say a gambler makes a first deposit of $20 and loses it. Than make a second deposit of $500 and they wager only $500 or less. Would they be able to withdraw the entire amount, regardless of whether they won or lost some of it? Or they should wager more before withdrawing ?

Yes they will be able to withdraw in this case. We calculate the wager of the first deposit amount which is in this case $20 x 5 = $100, and since user wagered almost $500 it’s more than enough for them to withdraw.

Best,
TrustDice Team

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June 29, 2023, 11:26:12 AM
 #130

You have done well for the regular gamblers here in the crypto gambling business industry. And even for newbie gamblers, when they see these lists that you have made, they will no longer have a hard time shopping or finding gambling site platforms to play on.

And apart from that, they are aware of the casino platform they will enter here in the crypto space because the details and wagering requirements are already indicated in what you have done anyway, so thank you for this information.

It’s my pleasure to be a bit helpful for the community here. The main purpose of this thread is to raise awareness among gamblers and BTT members regarding certain requirements that they may not br aware of until they try to make a withdrawal without fulfilling those requirements. That’s why we have compiled a list of casinos that impose high wagering requirements and most of gamblers here are against these rules which we see they are unfair.



in this case. We calculate the wager of the first deposit amount which is in this case $20 x 5 = $100, and since user wagered almost $500 it’s more than enough for them to withdraw.

Best,
TrustDice Team

Thank you for the clarification and for that i will edit the thread to make things more clear. Beside that i would like to see other gamblers and the whole community’s opinion about this case and how TrustDice answered to this thread

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June 30, 2023, 12:51:25 PM
 #131

Any site that offers a deposit bonus will have a wagering requirement but I don't think a wagering requirement of more than 5x is fair. A maximum of 5x wagering is fine. But 1-2x is considered a fair wagering and gamblers can comfortably gamble there. But I don't understand why gamblers accept bonuses. Because if one accepts the bonus then there is no freedom for him. Wagering was imposed on him. And wagering is annoying so it's best to avoid bonuses and gamble with freedom
x5 wagering for deposit without bonus is not fine, will you play in such casino where there is no chance for you to withdraw in case you get an early win after wagering 1-2x of your deposit because you need to wager x3-x4 more? This is not about bonus, it is about wagering requirement for your deposit only. Dont mix the things up as it will misunderstand others.
A lot of people confuse themselves with the wagering requirement for deposits and the wagering requirement for bonuses which are completely different things, a bonus that you claim has different terms and conditions and wagering requirements which is generally pretty high because casinos don't want anyone to abuse the bonuses and they win something significant with it and then only be able to withdraw.

On the other hand, a deposit wagering requirement should be relatively lower like 1x or maximum 2x because the casino is not giving you any bonus with it, so you are not obliged to complete a very high wagering requirement in case you wish to withdraw anytime when you are gambling, they only impose a 1x or 2x wagering requirement for deposits so that there is no money laundering and other illegal activities happening.
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January 02, 2024, 12:31:02 PM
 #132

Hi OP,

Do you think it is possible to edit your table to highlight that our x5 wager requirement only applies to the 1st deposit?
Unfortunately there has been some misunderstanding circulating on the forum and this thread is being used as the source, without seeing your note that it only applies to the 1st deposit.

Thank you!

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January 02, 2024, 02:19:25 PM
 #133

Do you think it is possible to edit your table to highlight that our x5 wager requirement only applies to the 1st deposit?
Unfortunately there has been some misunderstanding circulating on the forum and this thread is being used as the source, without seeing your note that it only applies to the 1st deposit.
For sure he can. The OP mentioned that the post was last updated on May 5, 2023. Some information remains outdated, similar to yours.
Roobet has adjusted their wager requirement on every user's deposit for withdrawal, it's now only a 20% wager requirement. I'm aware of this because I tried to withdraw the prizes I won from the Roobet Art Contest and it indicates that I need to wager 20% of it. (I used my Roobet bitcoin address to claim the prize).

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January 02, 2024, 04:41:39 PM
 #134

Do you think it is possible to edit your table to highlight that our x5 wager requirement only applies to the 1st deposit?
Unfortunately there has been some misunderstanding circulating on the forum and this thread is being used as the source, without seeing your note that it only applies to the 1st deposit.
For sure he can. The OP mentioned that the post was last updated on May 5, 2023. Some information remains outdated, similar to yours.
The information related to trustdice in the table is already correct, the details column clearly inform reader about how the 5x wager requirement works in trustdice.

Quote
In order to make a withdrawal you must wager 5x for the first deposit only
I'm not sure what to be edited as it is already the same as what is asked by coinbox.
Maybe OP need to check all the listed casinos to know if there is an update of the terms related to wager requirement in the casinos or not.


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January 02, 2024, 05:11:51 PM
 #135

I’m a bit confused. You say that casinos have wagering requirements to withdraw a no-bonus deposit. Does that mean if you deposit your own funds that they will not let you withdraw until you’ve gambled a certain amount? I could understand if it was for some sort of deposit bonus, but otherwise, it sounds like you lose the second you make a deposit.
Any site that offers a deposit bonus will have a wagering requirement but I don't think a wagering requirement of more than 5x is fair. A maximum of 5x wagering is fine. But 1-2x is considered a fair wagering and gamblers can comfortably gamble there. But I don't understand why gamblers accept bonuses. Because if one accepts the bonus then there is no freedom for him. Wagering was imposed on him. And wagering is annoying so it's best to avoid bonuses and gamble with freedom
either for bonus or what have you, and deposits must pass through wagering requirements before withdrawal and this is the anti-money laundering law of most casinos because of licensing demands,  so for that some casinos have higher wagering demands than others, and for that it may be regardless what the deposits are for either to claim a bonus or just to gamble with it must all pass through that wagering requirements before you can withdraw them and if it more than,1x wager demands, it will spark a reaction, since many gamblers try to avoid casinos with high wagering requirements due to their possible inability to meet up with that demands.

If a casino demands for 5x wagering requirement it means the casino has a high wager limits and the higher the amount one needs the wager the higher your chances of losing the bets and ultimately losing your deposits,  so we have to settle with that before any other thing is done either to agree and go along with the casino demands or search for other casinos that have a more friendly requirements.

 
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January 02, 2024, 06:06:32 PM
 #136

Any site that offers a deposit bonus will have a wagering requirement but I don't think a wagering requirement of more than 5x is fair. A maximum of 5x wagering is fine. But 1-2x is considered a fair wagering and gamblers can comfortably gamble there. But I don't understand why gamblers accept bonuses. Because if one accepts the bonus then there is no freedom for him. Wagering was imposed on him. And wagering is annoying so it's best to avoid bonuses and gamble with freedom

This same question is keep on being asked that why many gamblers are are so interested in bonus, yet they don't know what constitutes the offer under the ToS of the gambling platforms, there are some conditions that we must fulfil when we want something being done, part of it is to avoid bonuses when you don't want to engage in going through wagering requirements from the gambling platforms.

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January 02, 2024, 07:39:24 PM
 #137

I didn't know about this thread, looks very interesting. When I was actively gambling, casinos weren't asking for wagering, it became more popular during the covid. As far as I remember, FortuneJack was the first casino that made it mandatory to wager a deposit 2 times before making a withdrawal.
To be honest, I can't understand how x5 wagering can work against suspected users. If the user is suspected but actually has clean coins and loses money because of that silly requirement, who is responsible for the user's financial losses?

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January 05, 2024, 06:16:23 PM
 #138

I didn't know about this thread, looks very interesting. When I was actively gambling, casinos weren't asking for wagering, it became more popular during the covid. As far as I remember, FortuneJack was the first casino that made it mandatory to wager a deposit 2 times before making a withdrawal.
To be honest, I can't understand how x5 wagering can work against suspected users. If the user is suspected but actually has clean coins and loses money because of that silly requirement, who is responsible for the user's financial losses?
No casino will take responsibility for that. This is why every gambler needs to read the terms and conditions of a casino before they start gambling with them to avoid problems and confusion later on. If a gambler knows that they can't complete the 5x wagering requirement and the casino they are going to gamble with has that requirement, they should simply avoid that casino, search, and find another casino that has a lower wagering requirement.

Whether a user has clean money or not, it's their responsibility to make sure that they are gambling in a casino that has moderate requirements that they can easily fulfil because you can't gamble first, and then start arguing with the casino and the support team for not allowing them to withdraw the funds when they have won a specific amount.

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January 12, 2024, 05:23:59 PM
 #139

I didn't know about this thread, looks very interesting. When I was actively gambling, casinos weren't asking for wagering, it became more popular during the covid. As far as I remember, FortuneJack was the first casino that made it mandatory to wager a deposit 2 times before making a withdrawal.
To be honest, I can't understand how x5 wagering can work against suspected users. If the user is suspected but actually has clean coins and loses money because of that silly requirement, who is responsible for the user's financial losses?
No casino will take responsibility for that. This is why every gambler needs to read the terms and conditions of a casino before they start gambling with them to avoid problems and confusion later on. If a gambler knows that they can't complete the 5x wagering requirement and the casino they are going to gamble with has that requirement, they should simply avoid that casino, search, and find another casino that has a lower wagering requirement.

Whether a user has clean money or not, it's their responsibility to make sure that they are gambling in a casino that has moderate requirements that they can easily fulfil because you can't gamble first, and then start arguing with the casino and the support team for not allowing them to withdraw the funds when they have won a specific amount.

What I think about these is that the casinos will always make a difference, because basically what they do is see how they can enchant the epraosn by watching the advertising and according to that they can make the players enter, and like every bonus, or each contest, since it has its associated TOs and seeing that the people who enter sometimes do not read, well things can be very different, because once they come to play there is nothing to do, things go to the level that they can do anything to make them stay playing, if we do not control ourselves and see what the conditions are like to play the casino, it will take our money, whatever is necessary, we have to concentrate on something, the casino offers its bonuses, but to be withdrawable it is where is the problem, because that's when they start to see things differently, first, that they are casinos that have high wagering, betting requirements that at least for me are impossible, it's just me going to a casino and see what I can do 1cx because it is not possible sometimes for me, mainly because I am a fleeting player, I like to have control of what I do.

So when the betting requirements are high, because they have very good bonuses, well that's the only thing that sometimes hinders me for everything, because if they give me 100% of what I deposit, the only good advantage I will have is I'm going to be very good about playing more, but in terms of winning to withdraw it will be something from another world, it's something that I don't see as possible, so there it's like leaving your money alone to go play when you want and to go out of that, because it is money that will be retained there and that not much can be done, that is what you should think about before taking a bonus or deposit that gives you 100% or something like that that is what casinos always offer , or at least that the person decided to read to see what they are getting into, but I don't recommend ever getting into that.

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