What truly concerns me is the 5X wagering requirement on normal deposits without any bonus in order to withdraw the initial deposit or winnings.
To clarify things better here is an example : if you were to deposit $1000 and win $200 in your first few games then you wouldnt be able to withdraw your winnings or even your deposits without wagering at least $5000.
Any casino that requests you to wager before withdrawal, doesn't matter if they request you to wager 20% of deposit or more, their true aim is to make you lose your money by wagering and generate more profit for casino. This is their true intention, money laundering is a scam word here. To my mind, wagering requirement from casino is a crime itself.
"The wagering requirements are put in place so that you don't use our platform as a money laundering service" is what they always say.
I think that is a pure crime. 5x wagering requirement just to prevent money laundering? Is there any mathematical evidence that 5x wagering prevents money laundering? How is it gonna stop someone from money laundering? Oh, wait, it only increases the chance of losing your deposit, that's all.