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Author Topic: Trustdice: Terrible sportsbook, 5x! wager to withdraw  (Read 458 times)
tamadeus (OP)
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December 30, 2023, 02:47:29 PM
Last edit: December 30, 2023, 03:00:18 PM by tamadeus
 #1

Well, i guess the title says it all. Their sportsbook is extremely slow, and you have to login, and out if the odds have moved. If you dont, you will just get an error. Ive never experienced this before.

Low and behold, you actually have to wager your deposit 5! times before you can withdraw. Sadly this will take years if you prefer sports, as its definitly the worst you will encounter on the web these days.

So if you like sports, dont deposit here. Any other bookie in here has a more functional sportsbook.

THIS IS NOT A SCAM ACCUSATION.
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December 30, 2023, 02:54:08 PM
 #2

I haven't tried trustdice ever. If they have such terrible problem when odds changes, it's something no one would use I think. All the bookies have option to accept odd changes instantly, there's no need of log in again lol.

Any other bookie in here has a more functional sportsbook.
Feel free to check out shuffle, coins.game, stake. I have used all three and had a great experience there.

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December 30, 2023, 02:57:55 PM
 #3

Well, i guess the title says it all. Their sportsbook is extremely slow, and you have to login, and out if the odds have moved. If you dont, you will just get an error. Ive never experienced this before.

Are you sure this is the fault of the site or your internet connection? I had to create an account with a throwaway email address to see if it’s true that the site is slow and also if I had to log out to see odds movement but everything seems fine here. Or maybe some other users could also check to see if they can replicate your issue.

Quote
Lo and behold, you actually have to wager your deposit 5! times before you can withdraw. Sadly this will take years if you prefer sports, as its definitly the worst you will encounter on the web these days.

So if you like sports, dont deposit here. Any other bookie in here has a more functional sportsbook.

If you don’t like the wagering requirement then you should look for the one that suits your style, there’s no scam accusation here, your account wasn’t blocked unjustly you can still access your account if you wish to, so just look for a different casino to use.

If you wish I could give you a list of casino and the amount of wagering you’re required to do before you can make a withdrawal.

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tamadeus (OP)
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December 30, 2023, 03:03:40 PM
 #4

I use several sportsbooks. This one is by far the worst.

I have not accused them of any scam, where did you even read that?
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December 30, 2023, 03:45:57 PM
 #5

Well, that x5 wager is in their terms, point 5.1, but i think that's an abuse too. Moves like that are not to avoid money laundering, is to avoid the users from withdrawing. But is the decision of the users of play here or not, i personally don't like those terms of service, the fact that the max withdrawal each day is $5,000 and $15,000/weeks is another rape for users, if you get a big win you will not even be able to take the money, so, there are multiple reasons to avoid this casino.

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December 30, 2023, 03:50:06 PM
 #6

Well, i guess the title says it all. Their sportsbook is extremely slow, and you have to login, and out if the odds have moved. If you dont, you will just get an error. Ive never experienced this before.
sounds like a hassle, have you mentioned this on their support? perhaps it is some kind of bug.

Low and behold, you actually have to wager your deposit 5! times before you can withdraw. Sadly this will take years if you prefer sports, as its definitly the worst you will encounter on the web these days.
to be fair wagering requirement on your deposit is a way gambling sites use to prevent money laundering but 5x is a bit much for me.

anyway, if you have issues with Casino x Bookies that has a high wagering requirement I think you will find this thread helpful
List of crypto casinos with high wagering requirements

also, here is a statement I found from Trustdice.com representative on the thread I mentioned. it looks like the 5x wagering requirement only applies to first deposit from new players.

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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December 30, 2023, 03:54:42 PM
 #7

Well, i guess the title says it all. Their sportsbook is extremely slow, and you have to login, and out if the odds have moved. If you dont, you will just get an error. Ive never experienced this before.

Low and behold, you actually have to wager your deposit 5! times before you can withdraw. Sadly this will take years if you prefer sports, as its definitly the worst you will encounter on the web these days.

So if you like sports, dont deposit here. Any other bookie in here has a more functional sportsbook.

THIS IS NOT A SCAM ACCUSATION.

I have no idea they have sports also but if it is a condition for receiving the first deposit bonus, you won't be able to contest that to them. This is something that you would likely have to avoid in the future. It discourages bettors from joining but bookies are not stopping this kind of practice even when they look scam in the process.

If they just require first-time depositors to wager 5x even without bonuses, then it's time to move to another platform. No reason to stick around after losing the funds.

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December 30, 2023, 04:04:18 PM
 #8

Low and behold, you actually have to wager your deposit 5! times before you can withdraw. Sadly this will take years if you prefer sports, as its definitly the worst you will encounter on the web these days.

So if you like sports, dont deposit here. Any other bookie in here has a more functional sportsbook.

THIS IS NOT A SCAM ACCUSATION.

Worst scenario you can be when using this kind of sportsbook is when you have a limited betting amount. I believe the x5 wagering requirements of Trustdice is already become a hot topic here before when other user didn’t notice this requirements before he made a deposit.

Trustdice has a no wagering requirements feature with their bonuses. This is the reason why they have high wagering requirements with their deposits. It’s important to read the ToS of every casino especially the AML part since this usually stated the wagering requirements for deposit.

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December 30, 2023, 04:22:22 PM
 #9

Well, that x5 wager is in their terms, point 5.1, but i think that's an abuse too. Moves like that are not to avoid money laundering, is to avoid the users from withdrawing. But is the decision of the users of play here or not, i personally don't like those terms of service, the fact that the max withdrawal each day is $5,000 and $15,000/weeks is another rape for users, if you get a big win you will not even be able to take the money, so, there are multiple reasons to avoid this casino.

In the end, it is about exactly that: users being aware of the Terms of Service and choosing wisely where they would prefer to wager their money. If more people was more aware of those Term of Service before depositing and the differences between the minimum wager compared to other casinos, then there would be better balance of competitivity.
If more people started to pay attention to the min wager featured in casinos and moved to those which are more favorable to them, that new demand on the industry for more fairness for the user will low down the min wager requirements in all sport books, as low as regulators and authorities require it.
We all get casinos cannot become a place for criminals to launder their money massively, but 5x of one's deposit sound exaggerate in my opinion, if there are casinos which can operate with 2x or even 1x, then to me this seems to be about increasing profits in detriment of the quality of the serviced they are supposed to care about.
Hopefully I won't become a standard practice in the future of gambling, that would be incredibly sad.  Sad

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December 30, 2023, 04:42:12 PM
 #10

Well, i guess the title says it all. Their sportsbook is extremely slow, and you have to login, and out if the odds have moved. If you dont, you will just get an error. Ive never experienced this before.

Low and behold, you actually have to wager your deposit 5! times before you can withdraw. Sadly this will take years if you prefer sports, as its definitly the worst you will encounter on the web these days.

So if you like sports, dont deposit here. Any other bookie in here has a more functional sportsbook.

THIS IS NOT A SCAM ACCUSATION.
I have never tried betting on the Trustdice platform. As a result, I cannot express any opinion about Trustdis. But many people like you would have complained if there was a problem with the platform. Maybe there is a problem with the device you are using Trustdice with that is causing the site to run slowly. For this you should check your device first then if there is really a problem you can complain on the platform.

I used the Sportsbet.io platform to place bets and had the same problem as you. I tried to login platform with mobile but no way login. Later I can access my account using VPN. Many times due to internet connection there are many problems to login to the platform. Such problem may be your/my problem. It is never right to complain about such issues in the name of the platform.

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December 30, 2023, 04:54:57 PM
 #11

Well, i guess the title says it all. Their sportsbook is extremely slow, and you have to login, and out if the odds have moved. If you dont, you will just get an error. Ive never experienced this before.

Low and behold, you actually have to wager your deposit 5! times before you can withdraw. Sadly this will take years if you prefer sports, as its definitly the worst you will encounter on the web these days.

So if you like sports, dont deposit here. Any other bookie in here has a more functional sportsbook.

THIS IS NOT A SCAM ACCUSATION.
I have never tried betting on the Trustdice platform. As a result, I cannot express any opinion about Trustdis. But many people like you would have complained if there was a problem with the platform. Maybe there is a problem with the device you are using Trustdice with that is causing the site to run slowly. For this you should check your device first then if there is really a problem you can complain on the platform.

Trustdice is indeed very unresponsive and slow in terms of their odds update compared to other reliable bookmaker. I play on this casino before and I can agree to OP comment although it’s not really that bad because I play on other casino that has much worst sportsbook functionality.

I believe the real hate here is channel through the x5 wagering requirements because OP will not be pressured to have more bets if there’s no x5 wagering requirements that needs to be clear before he can withdraw his balance.

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December 30, 2023, 05:33:47 PM
 #12

X5 wagering requirement? That's messed up in so many ways. There are so many popular options out there that need you to just wager X1 of your deposit in order to withdraw which is way more practical and realistic.

I never was interested in this site to be honest and I will advise others to avoid it until they get rid of that ridiculous wagering requirement.

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December 30, 2023, 06:55:12 PM
 #13

Trustdice is an old casino but they're still running their signature campaign on this platform and that's why they won't scam anyone. However, if their sports page is so slow then they should work to improve its speed otherwise they may lose many potential players from their platform.

5x wager is too much in order to withdraw your funds but I guess the ones who select such wager because they're more interested in gaining the money from the bonus and they want the wager to get complete as soon as possible. Even 2x wager seems like a high wager value but casinos doesn't that to not get bankrupt.

I think it's always better to play on any casino without going with the bonuses because without bonuses you won't have to worry about withdrawals as you can withdraw your money without any issues if you play for sometime. So, far I have never had any withdrawal issue with the casinos that I use that's mainly because I don't really avail the bonuses and play with my own money instead of that extra money given as a bonus.

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December 30, 2023, 06:56:43 PM
 #14

X5 wagering requirement? That's messed up in so many ways. There are so many popular options out there that need you to just wager X1 of your deposit in order to withdraw which is way more practical and realistic.

I never was interested in this site to be honest and I will advise others to avoid it until they get rid of that ridiculous wagering requirement.

Absolutely. That is one crazy high wagering requirement.  Five times the deposit? Come on now and  you'd think the casino wants to make darn near impossible to actually cash out any winnings.  

Most places I've played only ask you to play through the deposit once or twice before letting you withdraw.  That seems plenty fair to me.  But this five times stuff is just bananas.  They clearly don't intend for folks to walk away with money in their pockets.  OP, Id urge you to take your business elsewhere, where you'll get a nicer deal upfront without all these sneaky strings attached.

R


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December 30, 2023, 07:05:22 PM
 #15

X5 wagering requirement? That's messed up in so many ways. There are so many popular options out there that need you to just wager X1 of your deposit in order to withdraw which is way more practical and realistic.

I never was interested in this site to be honest and I will advise others to avoid it until they get rid of that ridiculous wagering requirement.

The Trustdice representative already addressed this concern.  If we happen to read the reply by acroman08, he posted a quoted reply of the representative of trustdice regarding this 5x wagering requirement, and it stated that the 5x wagering requirement applies only on the first deposit.  The succeeding deposit does not require any wagering requirement at all.  If we come to think it his kind of implementation, this is way better than any other casinos that always require 1x wagering requirement.

So I think I won't make any big deal out of this concern.  If we don't want this kind of wagering requirement, we can always opt out and look for other sportsbook that meets our likings.
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December 30, 2023, 07:06:36 PM
 #16

Well, that x5 wager is in their terms, point 5.1, but i think that's an abuse too. Moves like that are not to avoid money laundering, is to avoid the users from withdrawing. But is the decision of the users of play here or not, i personally don't like those terms of service, the fact that the max withdrawal each day is $5,000 and $15,000/weeks is another rape for users, if you get a big win you will not even be able to take the money, so, there are multiple reasons to avoid this casino.
The fact that trustdice already stated that rule of 5x in their term of services means is no longer an abuse since the player have the right to either play on the site or look for another casino that offers him more friendly conditions,  so for sure casinos and bookmakers are out to make money also and they will employ any available mechanism to get the highest revenue.

Just as you mentioned in your concluding part of the comment,  those higher wager conditions are not in any way aimed at reducing the tendency of money laundering and if they do it can also be done with a 1x wager demand too,  this is a pour act of trying to trap the gambler from being able to withdraw from the casino.
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December 30, 2023, 07:08:58 PM
 #17

This is the worst of it all that I have come across in my time of gambling, the highest of it all is 2X wager which is a little understandable as I mostly play only on casinos that only requires me to wager 1x before I can be allowed to withdraw which is enough to serve the purpose of that wager, which was initially to reduce the chance of people using the casino to launder money, but 5x wager is just a means of telling the gambler they want you to wager until you lose it all.

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December 30, 2023, 07:35:56 PM
 #18

Well, that x5 wager is in their terms, point 5.1, but i think that's an abuse too. Moves like that are not to avoid money laundering, is to avoid the users from withdrawing. But is the decision of the users of play here or not, i personally don't like those terms of service, the fact that the max withdrawal each day is $5,000 and $15,000/weeks is another rape for users, if you get a big win you will not even be able to take the money, so, there are multiple reasons to avoid this casino.
What a trap if you don't read those T&C tbh, they're more stricter than my bank on the daily withdrawals but it's their term and gamblers should abide on that. Moreover, it was like hidden in plain sight to gamblers who would think they'll just have their way from other casinos.
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December 30, 2023, 08:21:47 PM
 #19

Well, that x5 wager is in their terms, point 5.1, but i think that's an abuse too. Moves like that are not to avoid money laundering, is to avoid the users from withdrawing. But is the decision of the users of play here or not, i personally don't like those terms of service, the fact that the max withdrawal each day is $5,000 and $15,000/weeks is another rape for users, if you get a big win you will not even be able to take the money, so, there are multiple reasons to avoid this casino.
What a trap if you don't read those T&C tbh, they're more stricter than my bank on the daily withdrawals but it's their term and gamblers should abide on that. Moreover, it was like hidden in plain sight to gamblers who would think they'll just have their way from other casinos.

I don't think that Seoincorporation is strict here, Trustdoce is taking this too far with x5 wagering requirements before withdrawal (even if it's just with the first deposit) and with minimum daily/weekly withdrawals... I wonder do they have limited max bets as well?

And I wouldn't compare banks with crypto casinos... I understand they have their own rules, but some of these rules are there just to keep depositors/winners on the site as long as they can. I think there are better ways to keep players on the site.


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December 30, 2023, 08:32:48 PM
 #20

to be fair wagering requirement on your deposit is a way gambling sites use to prevent money laundering but 5x is a bit much for me.
Does the government give recommendation to casinos to set up at least 2x wagering requirements to prevent money laundering? I have never ever seen any legit evidence that wagering decreases the chance of money laundering. I think that it is an excuse and a made-up thing to retain deposits. If I am KYC verified, why should I wager to withdraw? KYC verified means that they know who I am and wagering can't decrease the chance of money laundering from me, nor can no wagering requirement increase the chance of me laundering money. It would make some sense for non-verified users.


Quote
5.10 In order to make a withdrawal, a player must wager at least 5x the 1st deposit amount from deposits.
This is the quote from trustdice.win
Do they offer bonuses to every first deposit or why do they strictly ask this for the first deposit? If I deposit 1$ and then 5000$, I'll be able to withdraw if I wager 1$ for 5 times.

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