BitcoinTurk
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February 08, 2024, 07:00:58 AM |
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So is gambling debt one way or other possible without the person taking loan or borrowing money?
I have heard that some hotel casinos apply such a debit system especially for their special clients but it shouldn't be forgotten that this situation isn't valid for every gambler. I think the reason for such a application is to encourage special clients who gamble with large sums of money to spend more. In particular, a casino customer in a different country can travel with a certain amount of money in cash when changing countries and this causes the casinos to earn less and prevents these people from potentially spending much more money. Of course, casino operators prefer to indebt their special clients as a solution to this situation because they clearly know that these customers will pay their debts. This application, of course isn't valid for every casino client because there is no guarantee whether an ordinary gambler will pay the debt or not and especially gambling addicts may gamble by borrowing more money than they can pay. For this reason, this application is something that casinos apply only to their special clients and not every casino provides this service.
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ethereumhunter
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February 08, 2024, 08:37:12 AM |
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No casinos into their right minds that would be offering those play now and pay later. What if they do able to win up huge amount? For sure they would really be just putting themselves in danger in speaking about revenue or simply its really just that suicide for them into their business. This is why it would really be that having no sense or really just that absurd for them to offer such thing. It is really just that not possible and this is why we cant see any platform who do offers this kind of set up because they do know that they would really be just putting their business on harm. This is why they would rather be giving or launching out those bonuses which do really looks interesting but it is really just that a trap.
Casinos will not offer something like that because it will not make their business run well, especially since more gamblers will lose when gambling at their place. Maybe the casino can collaborate with a third party and the third party will provide that service and give a small commission to the casino for providing gamblers to want to borrow at its service location. But I don't know whether there is a service like that or no platform like that. But as far as I know, some people offer loans to people who need money immediately, but they need collateral worth the money the person wants to borrow. It is better for the casino to provide attractive bonuses but with definite terms and conditions so that the casino can make a profit.
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Blitzboy
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February 08, 2024, 12:49:47 PM |
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So is gambling debt one way or other possible without the person taking loan or borrowing money?
I have heard that some hotel casinos apply such a debit system especially for their special clients but it shouldn't be forgotten that this situation isn't valid for every gambler. I think the reason for such a application is to encourage special clients who gamble with large sums of money to spend more. In particular, a casino customer in a different country can travel with a certain amount of money in cash when changing countries and this causes the casinos to earn less and prevents these people from potentially spending much more money. Of course, casino operators prefer to indebt their special clients as a solution to this situation because they clearly know that these customers will pay their debts. This application, of course isn't valid for every casino client because there is no guarantee whether an ordinary gambler will pay the debt or not and especially gambling addicts may gamble by borrowing more money than they can pay. For this reason, this application is something that casinos apply only to their special clients and not every casino provides this service. Casino high-roller policies have always fascinated me. Its obvious these businesses are business-savvy, right? Crediting VIP clientele ensures a consistent flow of high-stake wagers and helps casinos negotiate international money movement. This technique, while not for everyone, represents a customised consumer engagement strategy. I agree that such services' exclusivity highlights risk management's veracity. Regular gamblers lack VIPs' financial power and trustworthiness, so they are excluded. A pragmatic differentiation based on ROI. After all, casinos are businesses, not just enjoyment. I think supporting fun gambling means balancing play and accountability. High rollers trust casinos with debit systems. The gambling world's intriguing component reflects human behaviour and leisure industry financial management.
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avp2306
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February 08, 2024, 01:12:27 PM Last edit: February 09, 2024, 10:25:55 AM by avp2306 |
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No casinos into their right minds that would be offering those play now and pay later. What if they do able to win up huge amount? For sure they would really be just putting themselves in danger in speaking about revenue or simply its really just that suicide for them into their business. This is why it would really be that having no sense or really just that absurd for them to offer such thing. It is really just that not possible and this is why we cant see any platform who do offers this kind of set up because they do know that they would really be just putting their business on harm. This is why they would rather be giving or launching out those bonuses which do really looks interesting but it is really just that a trap.
Casinos will not offer something like that because it will not make their business run well, especially since more gamblers will lose when gambling at their place. Maybe the casino can collaborate with a third party and the third party will provide that service and give a small commission to the casino for providing gamblers to want to borrow at its service location. But I don't know whether there is a service like that or no platform like that. But as far as I know, some people offer loans to people who need money immediately, but they need collateral worth the money the person wants to borrow. It is better for the casino to provide attractive bonuses but with definite terms and conditions so that the casino can make a profit. In online casino for sure they won't offer this since imagine if people lose a lot for sure there's a chance that those people will not came back and its risky to the part of casino owners since what if those defaulter headed person won for sure they can lose a lot from them but don't have any chance to recover since these type of people will usually run on their obligations. But I can see this to possibly happen on offline casino since they have capabilities to sue those people who ask something like this that's why there's a loan shark exist on some casino since they want people to ask loan for them and plat then do good business with them. Maybe on online they can ask for a loan to other people then give a collateral but for casino owners I guess they have low chance to make this to happen.
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xLays
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February 08, 2024, 01:42:00 PM |
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Like many others I don't know any online or local casinos that offer play now, pay later options. Also I don't like the idea of play now, pay later schemes unless I'm the owner of the casino. If a player loses and can't pay back immediately it could lead to many problems. Also using borrowed money for gambling might encourage reckless behavior and further losses. For me individuals only gamble responsibly with money they can afford without relying to credit.
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danadc
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February 08, 2024, 03:22:18 PM |
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Like many others I don't know any online or local casinos that offer play now, pay later options. Also I don't like the idea of play now, pay later schemes unless I'm the owner of the casino. If a player loses and can't pay back immediately it could lead to many problems. Also using borrowed money for gambling might encourage reckless behavior and further losses. For me individuals only gamble responsibly with money they can afford without relying to credit.
I also think not the same if we play , what Would they be Able to do to that person ? This is something that does not make sense to me , I do say that it is better to play and have the casino pay later, because this is something that we should not do , but the opposite process is for porbelmas because things are not so easy and can be generate entomers problems , I wouldn't do something like that , because I know that this has a lot of problems, but the operons that ignore it and start Exploring , I don't know what things they can demand of them by Chance. I or I imagine, because this way a Person can enter without any money and play, or at least have the person who enters verify that he has money, because it is the only way, that would be problems of complaints and problems of lawsuits, things like that , no It seems to me and it's kind of risky, I Wouldn't allow Something like that, I'm very careful when I play and I'm very scared when it comes to these things, I wouldn't take the risk , why Suddenly if the Emotions betray us and we lose more? What would I have to do?
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Kelward
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February 08, 2024, 03:45:01 PM |
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I doubt that there'll ever be a gamble and pay later system in any gambling company, they'll have to collect your bet money and pay you if you win. The reason is simple because the major factor that determines winnings is luck, and the probability of losing is more than winnings, so a loser will not be happy and willing to repay a loan that he has lost. The OP uncle definitely borrowed the money he used to gamble and lost, so he didn't give the OP a complete account of what really happened. The biggest mistake that a gambler can make is to borrow money for gambling, because it can be a very painful experience to be repaying money that was lost in gambling, so the lesson is that we should always gamble the amount that we can afford to loose.
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ethereumhunter
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February 09, 2024, 02:35:05 AM |
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On online casino for sure they won't offer this since imagine if people lose a lot for sure there's a chance that those people will not came back and its risky to the part of casino owners since what if those defaulter headed person won for sure they can lose a lot from them but don't have any chance to recover since these type of people will usually run on their obligations.
But I can see this to possibly happen on offline casino since they have capabilities to sue those people who ask something like this that's why there's a loan shark exist on some casino since they want people to ask loan for them and plat then do good business with them. Maybe on online they can ask for a loan to other people then give a collateral but for casino owners I guess they have low chance to make this to happen.
That's because later, online casinos will have difficulty collecting the money even though online casinos can ask for verification from gamblers who want to borrow money. These people will run away after getting their money or when they lose from gambling so that these people will not feel they have an obligation to pay their debts. But in an offline casino, loan sharks will enter the casino and try to find gamblers who have lost or are desperate because of their losses and offer the gamblers to borrow money from them even with very easy terms. That can make it easier for gamblers, but on the other hand, gamblers who borrow money also have to accept the risk after they finish gambling because the lender will collect the money from the gambler.
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klidex
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February 09, 2024, 04:58:00 AM |
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I think your friend gamble with a credit card so that the amount of debt continue to pile up without him realizing it until finally he has to pay a large bill, I doubt there is any gambling that can be played and paid later unless the person uses a credit card, logically it doesn't seem like it maybe gambling implement such games without any guarantee. Even though they know personal data, gambling games are a business and they certainly don't apply debt to their games if it harms them because this is a kind of debt.
That why we shouldn't gamble with money that we don't fully own, gambling using a credit card is a big risk that you have to bear if you experiences continue losses. Indeed, it's easy for you to still be able to gamble when you don't have money but you still have to pay the bill and of course, this will make thing difficulty for you in the future. So it's better to gamble with the money you have rather than having to take big risky.
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alani123
Legendary
Offline
Activity: 2506
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February 09, 2024, 06:50:38 AM |
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To be honest I have only seed this in movies. An illegal gambling mogul will approach businessmen and promote a large stakes table, with the possibility of entering the competition with credit. So eventually when they lose they keep getting extorted and in the end give back more money than they had promised to even stake. I
There's a 2018 short film from Greece called GO FOR BROKE that depicts such scenes and it's very interesting but sad. It's a crazy thing to actually meet such people in real life. They are like loan sharks and the mafia combined. If I was you I'd be really worried for the friend because as far as I know legit gambling businesses work kn cash...
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JariKriting
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February 09, 2024, 09:44:31 AM |
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if gambling using a credit card gambler can pay. because the data on the credit card is very strict and of course the gambler will pay his debt. if gambling using paylater. what else provides the casino and it happens in online gambling 100% of the gamblers will not pay the debt.
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slapper
Legendary
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February 09, 2024, 02:30:17 PM |
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I think your friend gamble with a credit card so that the amount of debt continue to pile up without him realizing it until finally he has to pay a large bill, I doubt there is any gambling that can be played and paid later unless the person uses a credit card, logically it doesn't seem like it maybe gambling implement such games without any guarantee. Even though they know personal data, gambling games are a business and they certainly don't apply debt to their games if it harms them because this is a kind of debt.
That why we shouldn't gamble with money that we don't fully own, gambling using a credit card is a big risk that you have to bear if you experiences continue losses. Indeed, it's easy for you to still be able to gamble when you don't have money but you still have to pay the bill and of course, this will make thing difficulty for you in the future. So it's better to gamble with the money you have rather than having to take big risky.
Seriously? Credit card gambling is like entering a storm hoping to stay dry. Financial suicide, not just dangerous. The rule is simple: don't gamble without it. Credit never becomes your money. It's a loan with interest that will deepen your debt. Talking facts: Healthy gambling? It's oxymoronic with debt. Here's the twist: the system plays you. Every card swipe bets against your future. And guess what? The house always wins. If you lose money, you risk your credit score, financial stability, and peace of mind. It's not about avoiding taking risks; it's about not digging your own grave. Wake awake. Gamble responsibly, or better yet, realize the actual gamble is thinking you'll win with money you can't win
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LUCKMCFLY
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February 09, 2024, 07:43:36 PM |
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How would such a casino work? Unless maybe they have an ID on you or something because what if you lose and never show up again? In fact I’d say that such a casino would crash because the money that is used in paying people are the ones that others lose. So if people start paying later, you’ll definitely start paying winners later and that doesn’t make sense. I don’t think such casino exists and if it does, I’d really like to hear how they operate without failing.
Well, if it's true, I was wondering that, I think it's a very new way of doing things, or unless they are people who have all your data and KYC of a very improeisnant and who commits to the casino to make some payments,, And this has legal weight where they are playing, in the 'country' if they are together or else there is an embargo or something like that, is that the way I see, but if not, how can it be done? Because if it is not as you say, that only the Winners will pay, then if this system is not that way, I do not know how I could survive, I personally have many doubts, because we are accustomed to London, because a deposit is made in the site and then a KYC is done, although I am one of those who think that Whenever something is done so that they can turn out well, it means having the power to do things well, and it would be better if you really Risk this type of thing I admire them, for me they are pioneers and work at very high risk, I would not take on something like that , because it is not my style, as I said before, I am accustomed to doing things differently. Now when we are in a casino we always look for Ways to do Things Differently , I always look for things to do, for example making sure that it is an old casino and trust it, otherwise I don't risk anything, in fact I only I do KYC in casinos that are Reliable, that's why I Always distrust casinos that are very new, I don't trust them because there have been cases that are very Scam and that is something that we should avoid, for that reason when we are doing Something Any in a casino we must know what we are not getting into, we cannot do things with different systems, in fact this is something very new for me , because in the casinos that are foisicoms things are much more direct, it is to enter, bet , win , withdrawal, and now , something very Different is being raised here. While reading your reply I started thinking that maybe the whole ideology of play now pay later can happen if they offer it to gamblers based on certain factors like how often they’ve been playing. Think of it like a compensation whereby you can try playing again even with an empty account. They’ll definitely have limits to which you can play and also, they give the opportunity to customers who they know wouldn’t have difficulty paying the amount. For example, giving the feature to someone who gambles $200 on a daily basis… maybe giving them the chance to play for $10 and pay later. I think it makes sense now. Well, something funny happened to me with this Thread because I went to Sleep the day I wrote the post, and I don't know why , but things started to make me crazy Thinking about this and after a long time I started to think about it. This chaos of the casinos that can Offer this type of service, because for me it is like a Service , so when I realized, I Think the only way it can be done is because it is a person who knows the casino and Only so it can make a difference, then when we think about doing things differently these arise, and of course if it is a Known person who has been Playing all the time it cannot be seen as a style of credit, there is no Other way , because there is no I see Another way to do it , so if so it would be a very Exclusive, very particular Casino where only Recognized clients would do something good , this is only what I think can be Done. In fact, when they try to make things different, I have Always aid Something, we as Players know that if there are exclusive casinos, I am in a country where there are exclusive casinos for people like that, where access is impossible, so I imagine that in Those casinos offer that style of credit but, it's the only thing because it's the way they make sure they can pay, otherwise I don't think there is any other option, we always go to see things from the best point of view , but as long as things can be done like this, with an already defined profile and that they can show you that ease , that's what I see, there's no more to it, I'm aPerson who has always seen this type of things, and well , no It Seems strange to me, when one sees the thread and reads, Analyzes the answers because one sees many things that currently exist in the world, and well, that should not Surprise us, but I think it is better under those conditions.
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panganib999
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 09, 2024, 08:13:29 PM |
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Probably none as this is detrimental to business-owners who depend upon the propensity of their users to pay for their items and services upfront. And even if this shit is to be true or if casinos soon offer this capability I don't think it's gonna stay up in the market for long. There's a good chance that this feature so to speak would be sacked soon enough as gamblers fail to uphold their promises to pay and just run away from the casino's sight soon as they get the chance to earn the money. And no, administering KYC isn't going to stop this unless you're determined to chase someone within the ends of the world all for a loan they failed to pay.
It's also worth noting that there will be prerequisites to meet in order for the casino to achieve the guarantee and peace of mind that they will have the money they loaned out to users, which would take tons and tons of paperwork that the user might as well just gamble with their own money, and they have to by the by.
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stomachgrowls
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February 09, 2024, 08:29:52 PM |
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I think your friend gamble with a credit card so that the amount of debt continue to pile up without him realizing it until finally he has to pay a large bill, I doubt there is any gambling that can be played and paid later unless the person uses a credit card, logically it doesn't seem like it maybe gambling implement such games without any guarantee. Even though they know personal data, gambling games are a business and they certainly don't apply debt to their games if it harms them because this is a kind of debt.
That why we shouldn't gamble with money that we don't fully own, gambling using a credit card is a big risk that you have to bear if you experiences continue losses. Indeed, it's easy for you to still be able to gamble when you don't have money but you still have to pay the bill and of course, this will make thing difficulty for you in the future. So it's better to gamble with the money you have rather than having to take big risky.
Seriously? Credit card gambling is like entering a storm hoping to stay dry. Financial suicide, not just dangerous. The rule is simple: don't gamble without it. Credit never becomes your money. It's a loan with interest that will deepen your debt. Talking facts: Healthy gambling? It's oxymoronic with debt. Here's the twist: the system plays you. Every card swipe bets against your future. And guess what? The house always wins. If you lose money, you risk your credit score, financial stability, and peace of mind. It's not about avoiding taking risks; it's about not digging your own grave. Wake awake. Gamble responsibly, or better yet, realize the actual gamble is thinking you'll win with money you can't win Totally suicide on which this is something that just the same to those people who do took up some loan and did really make out some gambling sessions on which it is really just that the same with credit card using on the time that you do gamble. Of course you would really be needing to repay those borrowed funds on which it is really that making your life way more miserable than on just trying to avoid those possible conditions or situations on which we know that this is something that a must. Speaking about play and pay later casinos? For sure there are none of those platforms would be offering this thing. There's no way that they would really be considering on having this kind of feature. They are really just that putting their business into such huge risks. As an owner, you wont really be that so dumb on giving out those kind of chances for someone to be able to play without risking their own money. Letting some loan? It would be some perks but for those heavy gamblers that do play on the platform or with those vip but for those small time gamblers? I do highly doubt on that one.
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Webetcoins
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February 10, 2024, 05:11:42 PM |
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If you hang out in the forum, you will see some threads here about gambling debts. Also if you talk to different gamblers in your local, they can share their stories about it. To play gambling, it does not always mean that we must have our own money.
This means, yes there are play-now-pay-later casinos, other than the free ones and those who offer a lot of freebies. A person can be good at giving advices to others but usually they can't apply it on their own. So, what you believe for a long time might be false. Sorry about that. He might be older than you but if you think you are wiser than him, then you should not be afraid to talk about this matter. Good Luck !
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Wakate
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February 10, 2024, 06:16:32 PM |
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It's been a year and half that I talked last with a family friend who is living in North America and finally, he replied my messages after so many sms sent out to his number, he told me about how he own 60k in gambling and I somehow feel sorry for him but at the same time I doubt this, because I don't see anyone talking about gambling debts before.
To play in any casino you have to come with your money or asset, or are there any casinos that allow play and pay later? Or I am thinking if maybe he used a credit card for gambling? We all know that debt is possible on cards..
I know some people likes taking loans or borrow money, but I know him too well, he always advice us to never take any loan for anything.
I know some are wondering why I don't ask him, he is way older than me and I don't want to ask him, I only told him to take things easy with himself, I don't know if asking can make him feel bad even more.
So is gambling debt one way or other possible without the person taking loan or borrowing money?
I have been hearing about gambling debt but this is my first time to see that can be this serious. In my region, something like this does not occur but maybe in other regions, it could be possible since collecting loan could be easy there than elsewhere. I don't really see a need for loan because we want to gamble. Gambling should not make us think of the easy way like getting a loan and using the fund to bet so we can earn profits which can be used to play another bet and another bet. This could be a serious case if we don't get that profit we planned to get. Making profits om Casino sometimes might not be as easy as we think.
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Weawant
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February 10, 2024, 11:35:06 PM |
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Like many others I don't know any online or local casinos that offer play now, pay later options. Also I don't like the idea of play now, pay later schemes unless I'm the owner of the casino. If a player loses and can't pay back immediately it could lead to many problems. Also using borrowed money for gambling might encourage reckless behavior and further losses. For me individuals only gamble responsibly with money they can afford without relying to credit.
The only thing I've come across that looks similar to play and pay later is when there's a promotional offer or there's a gift voucher, some of which are conditioned to pay back if you win, they amount offered you to gamble with is deducted from that which you have won then the rest is left to you thats the most common i'v seen. Another offer that looks like nit too is they which the casino gives you the privilege to borrow from them to gamble and upon your next deposit it's been deducted but if you don't deposit in awhile it will not be recovered , they make sure to give offers that are not to big and I think they consider your deposit rate before you can be offered such loans, This is common with a few online casinos tho not all of them asides that which I have mentioned and described, I've not seen another kind of casino that allows you to gamble at the moment and pay later both online and physical, i'v not seen
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dezoel
Legendary
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February 12, 2024, 10:52:52 AM |
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I've never heard of physical casinos playing and paying later, even if they exist, of course there will be items that will be pawned or changed ownership, except for online sites that offer free bonuses for their users, of course there are, but if it's physical gambling, I've never heard of it, except The owner of the casino really believes in his customer and gives him special privileges
A bonus isn't a play-and-pay-later thing because it is yours to have and you don't have to pay anything for it, though most of the time, gambling platforms don't give bonuses for free and you will need to complete a certain requirement to be eligible for specific bonuses. So, you can't say that online casinos provide this thing because I have never seen or heard of an online gambling platform that allows its gamblers to gamble first and pay later for the losses. A casino would never take such a risk unless the gambler is ready to give them something as collateral and get money equivalent to the value of that thing so that he can gamble with the money and if he loses the money, his property will be kept by the casino until he returns the money.
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tygeade
Legendary
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February 12, 2024, 06:19:41 PM |
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if gambling using a credit card gambler can pay. because the data on the credit card is very strict and of course the gambler will pay his debt. if gambling using paylater. what else provides the casino and it happens in online gambling 100% of the gamblers will not pay the debt.
This is why there are no casinos that is "pay later" type of casino, you end up with something that would be a lot more important to them and should avoid as much as possible. I do understand that we are going to end up with people who could maybe pay, but we know that there are many who won't. This is why casinos do not take risks, they end up with gambling with whatever you have, that way they do not have to worry about you paying later on, it would make it a lot better for them. This way, they don't have to chase behind you for their money, if you have anything now then gamble with it and if you don't then don't gamble. Why risk their entire operation for people who may or may not pay their debt in the future? Makes no sense.
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