Quote from: summonerrk on Today at 09:17:40 AM

Quote from: GxSTxV on April 11, 2023, 11:42:56 PM

I recently discovered that I signed up for a casino without thoroughly reading its terms and conditions agreement. But of course this was entirely my fault even that I am still bothered by the withdrawal requirements on deposits. It is well known that deposit bonuses or any bonus offered by a casino will have wagering requirements that goes to x50 or more. 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. This means that 80% of the time, you would lose your money before reaching the required amount.
In my opinion this term is unfair. I am not attacking any specific casino, but I do believe that if users were aware of these requirements they would be less likely to deposit their money in such casinos since there are other casinos without such stringent requirements.

When I used to play poker, I often saw similar withdrawal conditions there, only there it was necessary to double your deposit at account on the service. That is, if you have entered $ 1,000, and you want to withdraw them, then you should earn another $ 1,000. Even then, this demand seemed unfair, because it seems to force you to play, play and play.
The author of the topic above wrote that the deposit should be increased five times.
This is an incredibly unfair demand!
The owners of the casino expect that this money will be lost on their site.

I also figure it out since the house is requiring x5 of your initial capital before you can transfer your money meaning to say that they are expecting that you will continue to push your bets until you reached the require wagering so you can transfer your money, which most of the time the outcome will not favor you, instead of winning some the chance of losing it back together with your bankroll is really possible, end of the day you will lose everything instead of enjoying doubling your money because of the wagering requirements.