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Author Topic: List of crypto casinos with high wagering requirements  (Read 1222 times)
mak013
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May 07, 2023, 08:37:07 PM
 #101

Interesting information.
I have never thought about the wagering requirements that way because I mostly gamble on sports. I have never experienced issues withdrawing my winnings, even after a 1x playthrough. Anything more than that is just malicious in my opinion, no matter what casino does it. Unless, of course, they suspect the player of some wrongdoings.

FunClub casino is just awful in that regard. So is Thor casino or Trustdice with their 5x wagering requirements.
I have bet on sports on FortuneJack many times, and I have never had to wager my deposits 2x before withdrawing them. Are the numbers only for casino games? In that case, I think you should mention that in the OP because the rules might be different for sports betting.

I also want to suggest something else for the table.
For several casinos you wrote, "wagering requirement of at least 5 times the deposit amount when player is suspected." I think you should add to that sentence and say what they can be suspected of. ... when they are suspected of coin mixing or using the casino as a coin mixer. Otherwise, it just looks incomplete.
Man, it struck me like lightning how sports betting and casino games are worlds apart regarding wagering requirements. But hey, when you're raking in the money, who sweats the small stuff, right?

Now, onto these casinos' with 5x wagering requirements... Damn! It's like tackling a marathon while lugging a backpack crammed with boulders. Talk about unjust, especially if you're on the up-and-up. And I heard some casinos go beyond the 5x wagering insanity.

And that FunClub casino? More like NoFunClub, huh? And don't even prod me on Thor casino... seems like they're keener on taking a swing at your wallet than offering a square deal. But hey, cheers to the legit casinos that won't slap you with absurd wagering demands. At least we still have some places t ogo
Really, i don`t see a problem to bet 5x in casino. If you choose a casino for a long gambling you easily bet 5x. The only reason is when the gambler change the casino for bonuses. In this situation i think that casino`s decision is not a problem. The problem is that the gambler decides to get binuses for free and the casino only protects from such situations.


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May 08, 2023, 04:03:15 PM
 #102

Really, i don`t see a problem to bet 5x in casino. If you choose a casino for a long gambling you easily bet 5x.
Not necessarily. Maybe you are miscalculating how much you are actually betting. Imagine that you deposit $100 and start wagering. Most people wouldn't bet the whole amount at once. They would divide it in loads of small bets. Maybe $1 per spin on slots or round of play on another game. If you make 100 bets, you have only reached a 1x wagering requirement. You still have 4x to go. The house edge will destroy you the longer you are wagering. Bet $100 at once or $50, and you are looking to lose your money faster. 

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May 08, 2023, 04:17:23 PM
 #103

Really, i don`t see a problem to bet 5x in casino. If you choose a casino for a long gambling you easily bet 5x.

Playing in a casino for long time is OK, but imagine of you have just made a deposit, played for a while and you win 2x-3x of your initial deposit and you cant withdraw it because you have not wagered 5x as per rule.
This rule will force you to keep betting until you meet the wagering requirement, which means that there is a chance for you to lose what you have just won + your deposit although there is also a chance for you to win more.
However if you are type of gambler who have a limit/target on every gambling session, this rule will destroy your target/limit on winning.


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May 09, 2023, 07:16:37 AM
 #104

Really, i don`t see a problem to bet 5x in casino. If you choose a casino for a long gambling you easily bet 5x.
Not necessarily. Maybe you are miscalculating how much you are actually betting. Imagine that you deposit $100 and start wagering. Most people wouldn't bet the whole amount at once. They would divide it in loads of small bets. Maybe $1 per spin on slots or round of play on another game. If you make 100 bets, you have only reached a 1x wagering requirement. You still have 4x to go. The house edge will destroy you the longer you are wagering. Bet $100 at once or $50, and you are looking to lose your money faster. 
I highly agree with that, although it may seem unfair at first glance, it is just made to prevent those schemers on doing something illegal or for instances those who had good luck initially will probably fly away after winning on their first few bets. Before I find this strategy unreasonable, but after experiencing luck after luck of gambling I know how easy it is to make money and if for example I happen to lose due to bad luck, know that there are some who will win, besides before you even plan to deposit money into that platform, you are already a loser so at least you will enjoy your losses, coz no one on their right mind would make a living depending on coin tosses or slots not unless you are the owner of the house.

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May 09, 2023, 09:44:01 AM
 #105

   -  Does this mean that if for example I deposit 30$ in the live casino since their requirements are 5x wagering, the calculation is 30$x5=150$ I will accumulate first playing win or lose before I can withdraw from their casino?

Since the x5 rule in livecasino is for suspected users, so if you are suspected then yes you will need to wager at least $150 for $30 deposit but if livecasino do not suspect you, you wont need to wager x5 of your deposit. Based on what I have ever read in their official ANN thread, for normal players, you will only need to wager x1 of your deposit.

I'm new to this site so I can't share my experience yet, but although it alarmed me when I just saw live casino in top of the list with a x5 wagering requirement, it calmed me down that some members in this thread have already stated that normal players won't be required even the usual x1 wager. I'm curious now so I'll have to try it myself. To me x1 is the standard nowadays, but if less is enough to combat malicious practices, even better (for the player, not for the casino). If that is the case with that casino, then the alarm is not justified.

Not long time ago I played in one that requires x3 wagering (won't tell the name so as not to harm them). Personally I think that this is way too much: although I made some good profits in a lucky strike soon after I started gambling (like >60% of my balance, which was enough to me), I eventually lost >40% of the initial deposit before I was able to withdraw. I understand the need of x1 requisite, but I genuinely think that a higher one is abusive.

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May 09, 2023, 11:16:03 AM
Merited by Pmalek (2)
 #106

Not long time ago I played in one that requires x3 wagering (won't tell the name so as not to harm them).
<cut>

If the casino has already warned players about it in their terms of use, then there's really no harm in sharing that information publicly. I mean, it's not like it's a secret or anything. Plus, there's a whole list of other platforms with the same practice, so it's not like this is something unique. But, if the casino didn't even mention the wagering requirement in their terms, then it's only right to put that info out there so others can make a more informed choice.

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May 09, 2023, 11:59:14 AM
 #107

Not long time ago I played in one that requires x3 wagering (won't tell the name so as not to harm them).
<cut>

If the casino has already warned players about it in their terms of use, then there's really no harm in sharing that information publicly. I mean, it's not like it's a secret or anything. Plus, there's a whole list of other platforms with the same practice, so it's not like this is something unique. But, if the casino didn't even mention the wagering requirement in their terms, then it's only right to put that info out there so others can make a more informed choice.

I guess that you are right. It's just that directly criticising a competitor while wearing certain signature didn't seem decent to me. It would be natural and many members are doing it here; and, as you said, it is the responsibility of each one to inform themselves about the terms of each site. But I try to follow the "mention the sin, not the sinner" rule (a bit different in English, but I prefer the Spanish version).

Said casino explicits the wagering requirement in their T&Cs, so there's nothing to blame them for but I still prefer not to mention their name. The idea I wanted to share, and what is most importante, is just that I didn't know such high wagering requirements existed and I was socked the first time I saw they asked me a x3 being a normal user.


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May 09, 2023, 12:19:29 PM
 #108

Not long time ago I played in one that requires x3 wagering (won't tell the name so as not to harm them).
<cut>

If the casino has already warned players about it in their terms of use, then there's really no harm in sharing that information publicly. I mean, it's not like it's a secret or anything. Plus, there's a whole list of other platforms with the same practice, so it's not like this is something unique. But, if the casino didn't even mention the wagering requirement in their terms, then it's only right to put that info out there so others can make a more informed choice.


Actually casinos already included their rules regarding with this in their terms and conditions and the mistake at the same time is on the player because we cannot deny the fact that most of the gamblers did not read the terms and conditions and also the Faqs regarding with the deposit, rewards, withdrawals and etc. as long as they get caught with the bonuses and see this could be good source of profit to them while playing gambling, and they will seek only these once they didn't receive the reward or they have trouble with their funds.

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May 09, 2023, 07:52:55 PM
 #109

Actually casinos already included their rules regarding with this in their terms and conditions and the mistake at the same time is on the player because we cannot deny the fact that most of the gamblers did not read the terms and conditions and also the Faqs regarding with the deposit, rewards, withdrawals and etc. as long as they get caught with the bonuses and see this could be good source of profit to them while playing gambling, and they will seek only these once they didn't receive the reward or they have trouble with their funds.

I interpret a casino with many betting requirements as a casino that wants to take the player's money but in a very subtle way and that cannot be seen as something bad, but rather as taking the money with some diplomacy, for those are the bonuses and the requirements are so high, personally when I see a casino with more than 2x I don't play and honestly I don't go back to that casino anymore, when we enter a normal casino that isn't online they don't give those options, you play with the money you bring it and that's it, it depends on the player if he multiplies it or loses everything, I don't play with casinos like that because the experiences I have are not good.

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TheGreatPython
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May 10, 2023, 08:48:10 AM
 #110

Really, i don`t see a problem to bet 5x in casino. If you choose a casino for a long gambling you easily bet 5x.
Playing in a casino for long time is OK, but imagine of you have just made a deposit, played for a while and you win 2x-3x of your initial deposit and you cant withdraw it because you have not wagered 5x as per rule.
This rule will force you to keep betting until you meet the wagering requirement, which means that there is a chance for you to lose what you have just won + your deposit although there is also a chance for you to win more.
However if you are type of gambler who have a limit/target on every gambling session, this rule will destroy your target/limit on winning.
Even if you are not someone who has a limit or a target for a specific session, you would still want to withdraw the money you've won if you've already completed at least 1x or 2x wagering requirement, and you have all the rights to get angry or frustrated if the casino refuses to pay you and asks you to wager more in order to get your withdraw.

That is pretty messed up considering you have been playing with the money you've deposited and not a bonus provided by them, so their requirement to prevent money laundering and stuff should be completed when you have wagered 2x already.
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May 10, 2023, 08:55:11 AM
 #111

Really, i don`t see a problem to bet 5x in casino. If you choose a casino for a long gambling you easily bet 5x.
Playing in a casino for long time is OK, but imagine of you have just made a deposit, played for a while and you win 2x-3x of your initial deposit and you cant withdraw it because you have not wagered 5x as per rule.
This rule will force you to keep betting until you meet the wagering requirement, which means that there is a chance for you to lose what you have just won + your deposit although there is also a chance for you to win more.
However if you are type of gambler who have a limit/target on every gambling session, this rule will destroy your target/limit on winning.
Even if you are not someone who has a limit or a target for a specific session, you would still want to withdraw the money you've won if you've already completed at least 1x or 2x wagering requirement, and you have all the rights to get angry or frustrated if the casino refuses to pay you and asks you to wager more in order to get your withdraw.

That is pretty messed up considering you have been playing with the money you've deposited and not a bonus provided by them, so their requirement to prevent money laundering and stuff should be completed when you have wagered 2x already.

That's why reading the casino terms & condition is vital before you made deposit and play since this requirement is posted there. The blame will always comes back to you no matter what your argument in regards with unfair rules sonce the casino doesn't forced you to play.

This x5 wagering requiments is nothing for those whale players that spend most of their time playing because they are farming rakeback and other bonuses of the casino aside from winning big on bets. This is the difference between gambling for the puposed of getting profit on bets alone and gambling to maximize the casino bonuses since they can still win huge amount even at break even gambling result.
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May 10, 2023, 11:11:13 AM
 #112

Really, i don`t see a problem to bet 5x in casino. If you choose a casino for a long gambling you easily bet 5x.
Not necessarily. Maybe you are miscalculating how much you are actually betting. Imagine that you deposit $100 and start wagering. Most people wouldn't bet the whole amount at once. They would divide it in loads of small bets. Maybe $1 per spin on slots or round of play on another game. If you make 100 bets, you have only reached a 1x wagering requirement. You still have 4x to go. The house edge will destroy you the longer you are wagering. Bet $100 at once or $50, and you are looking to lose your money faster. 
Yes, i understand it. But even in such situation i sometimes lose and sometimes win. After 100 bets i don`t think that i`ll have so huge deposit that i`ll need to withdraw. Of course it is not true for everybody, but in my gambling it is normal situation to deposit $100 and gamble for it several times at least.


Really, i don`t see a problem to bet 5x in casino. If you choose a casino for a long gambling you easily bet 5x.

Playing in a casino for long time is OK, but imagine of you have just made a deposit, played for a while and you win 2x-3x of your initial deposit and you cant withdraw it because you have not wagered 5x as per rule.
This rule will force you to keep betting until you meet the wagering requirement, which means that there is a chance for you to lose what you have just won + your deposit although there is also a chance for you to win more.
However if you are type of gambler who have a limit/target on every gambling session, this rule will destroy your target/limit on winning.
It is possible, but i think that such situation is typical for gamblers that gamble for short periods. For them it is awful requirement - it is true, but if they know about it they can choose other casino i think. We can choose casino for our own requirements.


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May 10, 2023, 12:22:48 PM
 #113


Really, i don`t see a problem to bet 5x in casino. If you choose a casino for a long gambling you easily bet 5x.

Playing in a casino for long time is OK, but imagine of you have just made a deposit, played for a while and you win 2x-3x of your initial deposit and you cant withdraw it because you have not wagered 5x as per rule.
This rule will force you to keep betting until you meet the wagering requirement, which means that there is a chance for you to lose what you have just won + your deposit although there is also a chance for you to win more.
However if you are type of gambler who have a limit/target on every gambling session, this rule will destroy your target/limit on winning.
It is possible, but i think that such situation is typical for gamblers that gamble for short periods. For them it is awful requirement - it is true, but if they know about it they can choose other casino i think. We can choose casino for our own requirements.

However, choosing a new casino in such a way that it suits you exactly both in terms of the withdrawal option and how and how long you play is not at all easy. 

If we look at the game from the side of the casino and at the complex of issues related to the transfer of money, especially in the case when the player has won, we will see that almost always the casino rules contain various tricky formulations in order to slow down the withdrawal processes in some cases. 
Obviously, the casino always wins if the clients' money stays in the casino's pool of funds for as long as possible.  And it is obvious that the actions of the casino are aimed at the longest possible preservation of the largest possible amounts of this pool. 
And if you put your money on a deposit in a casino, it's always easier than ever.  It is far from always very easy to withdraw money from the casino to your wallet.  Of course, this is generally the general property of money - it is always easy to give it, it is always difficult to receive it. 
I'm afraid that just picking the perfect casino, without sudden, unexpected KYC, without large commissions, with very fast processing of output transactions, especially if they are in bitcoins (especially now that the bitcoin mempool is completely crammed with stupid NFT transactions!) hardly  someone will succeed. 
Well, maybe only the lucky one! 
If he gets lucky too.  Smiley

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mak013
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May 11, 2023, 06:33:21 AM
 #114

~
However, choosing a new casino in such a way that it suits you exactly both in terms of the withdrawal option and how and how long you play is not at all easy. 

If we look at the game from the side of the casino and at the complex of issues related to the transfer of money, especially in the case when the player has won, we will see that almost always the casino rules contain various tricky formulations in order to slow down the withdrawal processes in some cases. 
Obviously, the casino always wins if the clients' money stays in the casino's pool of funds for as long as possible.  And it is obvious that the actions of the casino are aimed at the longest possible preservation of the largest possible amounts of this pool. 
And if you put your money on a deposit in a casino, it's always easier than ever.  It is far from always very easy to withdraw money from the casino to your wallet.  Of course, this is generally the general property of money - it is always easy to give it, it is always difficult to receive it. 
I'm afraid that just picking the perfect casino, without sudden, unexpected KYC, without large commissions, with very fast processing of output transactions, especially if they are in bitcoins (especially now that the bitcoin mempool is completely crammed with stupid NFT transactions!) hardly  someone will succeed. 
Well, maybe only the lucky one! 
If he gets lucky too.  Smiley
Choosing the casino depend on what you want to get from it and your style of gambling. I deposit some sum and gamble for fun 1-2 times a week for an hour or about it. I don`t need to withdraw this money even if i win. But i can suppose that someone, who gambles to get profit need other conditions. It must be fast deposit and withdraw, no KYC or fast KYC(or probably some kind of identification that gambler can make himself) on the start. Something else, i think. I can`t name casino with such conditions, due to my type of gambling, but i think that it is possible to find at least one-two such casinos.


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May 11, 2023, 11:39:34 AM
Last edit: July 14, 2023, 04:58:12 AM by slapper
 #115


Really, i don`t see a problem to bet 5x in casino. If you choose a casino for a long gambling you easily bet 5x.

Playing in a casino for long time is OK, but imagine of you have just made a deposit, played for a while and you win 2x-3x of your initial deposit and you cant withdraw it because you have not wagered 5x as per rule.
This rule will force you to keep betting until you meet the wagering requirement, which means that there is a chance for you to lose what you have just won + your deposit although there is also a chance for you to win more.
However if you are type of gambler who have a limit/target on every gambling session, this rule will destroy your target/limit on winning.
It is possible, but i think that such situation is typical for gamblers that gamble for short periods. For them it is awful requirement - it is true, but if they know about it they can choose other casino i think. We can choose casino for our own requirements.

However, choosing a new casino in such a way that it suits you exactly both in terms of the withdrawal option and how and how long you play is not at all easy.  

If we look at the game from the side of the casino and at the complex of issues related to the transfer of money, especially in the case when the player has won, we will see that almost always the casino rules contain various tricky formulations in order to slow down the withdrawal processes in some cases.  
Obviously, the casino always wins if the clients' money stays in the casino's pool of funds for as long as possible.  And it is obvious that the actions of the casino are aimed at the longest possible preservation of the largest possible amounts of this pool.  
And if you put your money on a deposit in a casino, it's always easier than ever.  It is far from always very easy to withdraw money from the casino to your wallet.  Of course, this is generally the general property of money - it is always easy to give it, it is always difficult to receive it.  
I'm afraid that just picking the perfect casino, without sudden, unexpected KYC, without large commissions, with very fast processing of output transactions, especially if they are in bitcoins (especially now that the bitcoin mempool is completely crammed with stupid NFT transactions!) hardly  someone will succeed.  
Well, maybe only the lucky one!  
If he gets lucky too.  Smiley
The perfect casino with fast cashouts? It's like blindfolded needle-finding! Casino rules? Crafty. They hoard your winnings! Withdrawing? Untying a Gordian knot with oven mitts. Casinos are adept at stalling, keeping your money just out of reach. If they urge you to jump over obstacles, they must have a dubious agenda.

Finding a trustworthy online casino that doesn't run KYC checks without clients' consent, doesn't charge expensive fees, and processes transactions swiftly is like finding a unicorn during a lunar eclipse. It's ridiculous, but maybe you'll get lucky!

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May 11, 2023, 12:48:01 PM
 #116

-snip-
It is possible, but i think that such situation is typical for gamblers that gamble for short periods. For them it is awful requirement - it is true, but if they know about it they can choose other casino i think. We can choose casino for our own requirements.

I guess we need to differentiate between the period of being long term players (usually called by loyal players) and the period of single gambling session.
Once you played for ten minutes and you managed to make decent profit then decided to withdraw the profit, it does not mean that you are typical short period gambler.
Why so? Because you may still come back again later with new deposit(s) and you may play regularly (this is what is called by long period gamblers).
Short period gamblers are those who play just for few gambling sessions without any intention to come back regardless the result they get.

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May 12, 2023, 01:23:21 PM
 #117

-snip-
It is possible, but i think that such situation is typical for gamblers that gamble for short periods. For them it is awful requirement - it is true, but if they know about it they can choose other casino i think. We can choose casino for our own requirements.

I guess we need to differentiate between the period of being long term players (usually called by loyal players) and the period of single gambling session.
Once you played for ten minutes and you managed to make decent profit then decided to withdraw the profit, it does not mean that you are typical short period gambler.
Why so? Because you may still come back again later with new deposit(s) and you may play regularly (this is what is called by long period gamblers).
Short period gamblers are those who play just for few gambling sessions without any intention to come back regardless the result they get.
If you think about such situations, you ought to search a casino without such requirements. And one more time - it is about probably first month of gambling. After it you have no problems with withdraw i think. If i get fast win i just willn`t deposit longer. I must win jackpot probably to withdraw money. In other cases i just continue gambling.
Of course it is possible to win huge sum, but i don`t think that we can talk about it seriously.


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May 17, 2023, 12:37:56 AM
 #118

I have a problem with bonuses on some gambling platforms, they aren't worth my time and I only knew this after trying them, I have heard a series of good stories about how people make some money from bonuses but not me, and now I just take my eye off any bonus offers from any online gambling platform.

It's better to focus on how to make money from online casinos instead of the bonuses they offer, it's only a marketing strategy and most times there is always more to the offer then plan to give up to new users.

Enjoy your games and pray for some luck ??  
It's very rare to find people who win money from bonuses offered by the casinos since the wagering requirements are so high that one will end up losing everything only in the process of trying to meet those requirements. One might even lose their deposited bankroll in that process before completing the wagering requirement of a certain bonus.
You are very correct bud, wagering requirements placed on withdrawals is another sneaky way casinos reap most gamblers off, I've seen a situation where a gamblers deposit $100 to a casino and claimed some deposit, can't tell if it's a deposit bonus or some other type of bonus, he gambled with the bonus, until every penny was gone, he started gambling with his main deposit which is $100, he gambled until the balance remaining was about $32, then he tried to withdraw the $32, he was told that his minimum withdrawal is $150, he had no choice but to continue gambling in hopes that he could get lucky and win up to the minimum withdrawal amount as stated by the casino, he eventual lost every thing. Both his deposit and the bonus he claimed..
And this made me ask myself, what exactly is the essence of claiming a bonus when it does not bring the gambler any profit, but rather, cause the gambler to later lose their own money along side the claimed bonus..

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.

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June 13, 2023, 06:50:38 PM
 #119

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.


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June 14, 2023, 12:25:58 AM
 #120

Here's a full list of sportsbooks in case you want to expand your list to books with low wagering requirements since some of these are low. https://bitcointalk.org/index.php?topic=717790.0

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