Quote from: Hispo on August 03, 2025, 06:39:41 AM

Quote from: virasog on August 02, 2025, 04:43:20 PM

Quote from: shield132 on August 02, 2025, 09:38:16 AM

There are some casinos that also demand you to wager at least 2x but I found this rule very unfair. Btw if there is a player that deposits money and withdraws multiple times without playing, they usually get banned.

That wagering rule is for some purpose. If there is no wagering requirement, some people may use the casino for money laundering purposes. They can still use it for that evil purpose but at least they have to fulfill the wagering requirement and risk their money. Additionally, if you can deposit money into the casino and then withdraw it to a different address, many people will use this method as an alternative to a mixer. With a mixer, you have to pay a specific fee but here, you can achieve a little bit of mixing but without any fees Shocked

I mean, casinos are traditionally used by criminal syndicates to try to launder their money and they still use crypto casinos for this porouse even today, that is why it would be counterproductive for staffs of casinos to allow people to withdraw without paying a minimum fee and also not having a minimum wagering requirement, in order to keep criminal launderers at bay at away from their platforms.
I recently I saw a documentary film, in which the narrator explained how there are some specific casinos on the internet which use video game skins and other centralized digital assets to launder money, it is quite interesting and also explains why sometimes casinos (regulated ones and fully complying with laws) will ban accounts participating with suspicious patterns of deposits and withdrawals.

I think that when they were talking about criminals using casinos for money laundering, they were talking about old time when it was popular to launder money in physical casinos. I think that it's more like a myth today because today criminals have more better options for that. Btw some might still be using crypto casinos for that but casinos partner with blockchain analysis companies and when you make a deposit, it goes through their filtration.
Btw it has nothing to do with withdrawals without a wagering requirement. 2x wagering requirement can't stop money launderes from laundering, I believe that it's an excuse from a casino to make customers lose as much money as possible because if casino truly cares about the mental health of their customers, what if I deposit 1 Bitcoin, wagered 40% of it (lost it) and then I decided that it's better for me to withdraw to not get addicted or etc and then casino forces me to wager the rest in order to withdraw. I think that this behaviour does more harm than good.