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Author Topic: Play equal to deposited funds before you can withdraw  (Read 572 times)
libert19 (OP)
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October 23, 2023, 03:36:04 AM
 #61

Who else finds this requirements from casinos BS?
Besides, it's just a 1x requirement, I wonder what will be your reaction at x2 turnover although I'm sure at most, it's just a 1x.

Yea, it was 1x. I did complete it and was able to withdraw.

In my opinion, this is no longer about money laundering, but about forcing people to play until they lose everything and there are a very small number of people who will be able to make withdrawals. stake is one of the few good casinos where withdrawals have a very low value and don't have these high and absurd wagering requirements, which is why I consider them to be the best casino.

Obviously, the higher the deposit, the more time you will need to spend to reach the turnover even if it's an x1.

Where's the forcing of the users on that part if in the first place, that would be expected?

It's expected from experienced users, I know they write in TnC, naive of me to not read it but I feel it would have been better had it been written somewhere obvious that one is required to wager their deposit before they can withdraw their deposited money, possibly on deposit page itself.

Quote
It's like when you deposit $100, you are able to turn it into $200 within just a few spins and you will withdraw right away. I doubt any casinos will allow that.


You are saying as if gambling provides surefire win, there is equal chance to lose that $100 as well.
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October 23, 2023, 04:43:18 AM
 #62

The only sensible wagering amount requirements should just be 1x or possibly 2x ( but not really) of the original deposited amount. Apart from that, the casino is just forcing their users to continuously gamble which may put at risk.

I also call BS for any platform who requires more than 10x and hell up to 50x as it's more likely that these platforms expects players to lose. You can't even do a dice game with minimal odds like 1.1x more than 5 times without losing and they expect you to bet more than 10 time the deposited amount. These platforms should be avoided at all cost.
With a betting requirement of more than 10x, it will only result in losses for gamblers if they can really get lucky so they can win big and withdraw their winnings. But will casinos allow it so easily for gamblers who want to cash out their winnings? Shady casinos will not allow it easily. Shady casinos will impose other requirements where gamblers must do KYC before withdrawing their winnings.

Yes, we have to avoid platforms like this to avoid problems. This may be a small problem but it can make us feel uncomfortable.

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BitcoinPanther
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October 23, 2023, 02:43:00 PM
 #63

I also call BS for any platform who requires more than 10x and hell up to 50x as it's more likely that these platforms expects players to lose. You can't even do a dice game with minimal odds like 1.1x more than 5 times without losing and they expect you to bet more than 10 time the deposited amount. These platforms should be avoided at all cost.
The only time I find the casino requires 10x to 50x wagering is when they are giving bonuses. It is obvious that the casino don't want to be part with the amount they give without making player to wager with such requirement.  I find it somehow reasonable because the player got the fund for free but I find it BS for those reward and bonuses that requires huge multiplier after completing several task.  I also known then pain of undergoing such requirement because it is really hard to meet the huge multiplier requirement if one is not having a lucky day.

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October 23, 2023, 02:55:32 PM
 #64

I also call BS for any platform who requires more than 10x and hell up to 50x as it's more likely that these platforms expects players to lose. You can't even do a dice game with minimal odds like 1.1x more than 5 times without losing and they expect you to bet more than 10 time the deposited amount. These platforms should be avoided at all cost.
The only time I find the casino requires 10x to 50x wagering is when they are giving bonuses. It is obvious that the casino don't want to be part with the amount they give without making player to wager with such requirement.  I find it somehow reasonable because the player got the fund for free but I find it BS for those reward and bonuses that requires huge multiplier after completing several task.  I also known then pain of undergoing such requirement because it is really hard to meet the huge multiplier requirement if one is not having a lucky day.




Well, that's the part of the game as the gambling sites will not give you anything for free. Even with the bonus they give you, they will make sure that you do enough wager that it becomes very hard for you to fulfil the wagering requirements. And since the bonus is the free money which the gambling site gives us, they have the right to put any wagering requirement they think is suitable. I personally think that bonus are not meant to cash out but to have fun with the free money.

For the deposits, they will usually give a 1x wagering requirement and that is justified too as you deposit money for gambling, it is necessary to gamble with it at least once.

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Westinhome
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October 23, 2023, 05:59:04 PM
 #65



Well, that's the part of the game as the gambling sites will not give you anything for free. Even with the bonus they give you, they will make sure that you do enough wager that it becomes very hard for you to fulfil the wagering requirements. And since the bonus is the free money which the gambling site gives us, they have the right to put any wagering requirement they think is suitable. I personally think that bonus are not meant to cash out but to have fun with the free money.

For the deposits, they will usually give a 1x wagering requirement and that is justified too as you deposit money for gambling, it is necessary to gamble with it at least once.

Not only the gambling,no one will gives you anything for free.Because the gambler who had get the bonus will get the gambling involvement and increase their deposit to the gambling only for the bonus.But he had forgot the fact he had deposit the money for the many times for the new game for their loss.So the loss make the gambler to temper to playing the gambling games for many times.But the gambler who win the game with the gap will not worry about this type of loss in the game.The gambler who lose the money random will worry for the continuous deposit of the money for the continuous game.The bonus will increase the number of users to the gambling sites and the gambler number to the gambling sites also increased by the bonus for deposit.

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October 23, 2023, 06:57:29 PM
 #66

Who else finds this requirements from casinos BS?
Honestly, why deposit if you're worried about having to wager your deposit? If I deposit $1000 somewhere and I hit something big early in my wagering, how hard is it to finish wagering the deposit amount 1x and guarantee myself profit? Especially if the site has dice.

I think some things are unrealistic to ask from players, but this is not 1 of the things I find to be too much.

That's correct. The requirement is hard to meet only for people who don"t really want to play, but in such case, why deposit any money at all?
Imagine you bet some money and wager 10% per bet. After 10bets you'll be able to withdraw. If 6 out of 10 bets are wins, you end up withdrawing more money than you had. If 5 out of 10 are wins, you're able to keep playing or withdraw your deposit minus casino fees. Pretty much that's what gambling is about, you deposit to bet it.

I bet on sports and I usually bet what I deposit, so I've never even felt that the wager requirement is there. If I send $50 to the casino, that's what I bet on the next match.
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October 23, 2023, 10:30:26 PM
 #67

Who else finds this requirements from casinos BS?
at first, I thought it was stupid and should only be implemented on deposit bonuses and other bonuses/promotions because doing that on deposit bonuses and other bonuses/promotions actually made sense but, doing that wagering requirement on a no bonus deposit is stupid, but now, I don't mind it. that being said, I am only okay with a 1x wagering requirement for a no-bonus deposit and anything higher than that is BS. if I remember correctly there is a thread that has a list of gambling site that has wagering requirement for no bonus deposit.

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October 26, 2023, 05:02:49 AM
 #68

That's correct. The requirement is hard to meet only for people who don"t really want to play, but in such case, why deposit any money at all?
Imagine you bet some money and wager 10% per bet. After 10bets you'll be able to withdraw. If 6 out of 10 bets are wins, you end up withdrawing more money than you had. If 5 out of 10 are wins, you're able to keep playing or withdraw your deposit minus casino fees. Pretty much that's what gambling is about, you deposit to bet it.

I bet on sports and I usually bet what I deposit, so I've never even felt that the wager requirement is there. If I send $50 to the casino, that's what I bet on the next match.
Sometimes I think that gamblers complain just for the sake of complaining, there are things that are worth complaining about and I can understand when gamblers do so as I think they are being unfairly treated, but this is not really one of those times, if they make a deposit in their casino wallets then it is natural that casinos assume that is money they want to wager, by not doing so it is understandable casinos get suspicious about such behavior and I can see why they implemented such rule.
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October 28, 2023, 01:46:54 AM
 #69

Who else finds this requirements from casinos BS?
at first, I thought it was stupid and should only be implemented on deposit bonuses and other bonuses/promotions because doing that on deposit bonuses and other bonuses/promotions actually made sense but, doing that wagering requirement on a no bonus deposit is stupid, but now, I don't mind it. that being said, I am only okay with a 1x wagering requirement for a no-bonus deposit and anything higher than that is BS. if I remember correctly there is a thread that has a list of gambling site that has wagering requirement for no bonus deposit.

This is very common to find in bonus hunters, which seems like a lot of work to do, and well when you focus on this type of thing, I have seen that there are many Players who look for Casinos where they are offered to play for free and that they can Win, that is to say that you can withdraw, this is very common when we are going to do different things, in particular, before entering bitcointalk, I had never been around the internet and I always came across little casino sites, where they offer you to play and if you win well they can Withdraw money, so at that time I started to play and I didn't win, at one point I was able to play and when I won he told me that in order to withdraw the money I had to deposit, the truth is that I realized that this is a scam, and obviously it was not a casino that is not in the forum, it had a strange name, I still couldn't do much, so this made me do many things, like looking for more reliable casinos, then I found pokerstars.net, and well From there a search began.

When I go to look for a casino and I have to accept a bonus, I prefer not to accept it, because the bonuses now have a few conditions to be able to withdraw money, so in this order of ideas I always do that, for me there is no type of bonus that is free, or that a casino offered it and it is something to regulate, that is something that they do not mention nor does it matter to me, so it could be said that always in a casino when it offers bonuses it is with something in exchange , usually hunters of bonuses when they want to claim and claim that money has to meet the highest demands, very high wagers, and I am not patient for that, the best bonus hunters talk about it, that they are patient people, who have a lot of time to play and to be able to Pursue this, then that's basically going to make it difficult for them, I'm not one of those who believe in bonuses for that reason, I prefer to play with my money without bonuses.

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