Mission146
Mission146
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March 7th, 2018 at 6:44:09 PM permalink
I just went to the Cashier section and found:

BAD: Every payout method except Bitcoin has a fee.

GOOD: You can go to the cashier and come to know this without signing up or talking to anyone, much less making a deposit.
Vultures can't be choosers.
Mission146
Mission146
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March 7th, 2018 at 6:51:51 PM permalink
Also, if you do a Live Chat or send an Email SOME casinos (I can’t speak for all of them) will let you block out the middle eight digits of the CC number as well as the three digit security code on back.

The signed authorization form is so that they don’t pay you out only for you to later dispute the charges with your CC after you have cashed the check, effectively free-rolling them and getting your deposit, winnings and refunded the amount you deposited via chargeback reversal.
Vultures can't be choosers.
sabre
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March 7th, 2018 at 10:35:00 PM permalink
Quote: MrV

Online casinos: home of degenerate gamblers, fools, and shut ins.

'Nuf said.



Agreed. Nobody lives in a home or has a ski condo purchased from winnings from exploiting online casinos that suck at math.

Nope, nobody at all ...
AxelWolf
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Mission146
March 8th, 2018 at 12:16:43 AM permalink
Can I get a link to this casino that only has 10x rollover requirement your initial deposit, PLEASE? Thanks in advance.

You told people how bad online casinos were in 2000?

Meanwhile, savvy players were absolutely crushing the online casinos during the early 2000's.

I highly regret not spending more time and investing more money playing online casinos back then(and even to some degree now).
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
Nathan
Nathan
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March 8th, 2018 at 12:30:29 AM permalink
I believe the OP when he points out how shady online Casinos can get. A poster on this website said something like he put $400 in an online Casino and immediately decided he no longer wanted to risk his money in an online Casino and tried to get his $400 back before he even played and the Casino wouldn't give him back his unplayed $400. That's messed up!
In both The Hunger Games and in gambling, may the odds be ever in your favor. :D "Man Babes" #AxelFabulous "Olive oil is processed but it only has one ingredient, olive oil."-Even Bob, March 27/28th. :D The 2 year war is over! Woo-hoo! :D I sometimes speak in metaphors. ;) Remember this. ;) Crack the code. :D 8.9.13.25.14.1.13.5.9.19.14.1.20.8.1.14! :D "For about the 4096th time, let me offer a radical idea to those of you who don't like Nathan -- block her and don't visit Nathan's Corner. What is so complicated about it?" Wizard, August 21st. :D
lilredrooster
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March 8th, 2018 at 5:23:40 AM permalink
Quote: Mission146

As far as the information needed to get the withdrawal, extremely standard.



He says they need all this for the withdrawal:

We need from you:
• Front & Back copy of the credit card ending – ****
• Front & Back copy of your ID
• Signed authorization form ( Contact us for the electronic form)
• Recent utility bill ( not older than 3 months)”

If they needed all that for the withdrawal why didn't they also need it and already have it for the deposit?

If he had lost and had not provided all that documentation in his deposit would they have questioned the validity of his original deposit and re-processed it demanding more documents or they could not consider the validity of his loss and his deposit would be voided?

They need a utility bill? Come on. Really.

And also this: • “If you feel strongly about not providing your documents, we will simply void your winnings and refund you your money if you want.”
Why would they refund anything to him. If his claim for his winnings requires so much additional verification why would his claim for his deposit not require a lot more too. Gee whiz. Could it be because they would like to pocket his winnings?

And also this: " First, the player is hit by an outrageous FEE: US$ 60."

So very obvious that they suck up deposits easily but its like pulling teeth to get your win out of there.

It's not in any way equal in reputability to most brick and mortar casinos.
Last edited by: lilredrooster on Mar 8, 2018
"but I don't care too much for money..........money can't buy me love".............. the Beatles
Mission146
Mission146
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March 8th, 2018 at 5:50:05 AM permalink
Quote: Nathan

I believe the OP when he points out how shady online Casinos can get. A poster on this website said something like he put $400 in an online Casino and immediately decided he no longer wanted to risk his money in an online Casino and tried to get his $400 back before he even played and the Casino wouldn't give him back his unplayed $400. That's messed up!



Terms and Conditions of many online casinos require a 1x playthrough requirement on deposited funds even if no bonus was taken.

A. It proves the player intended to play.

B. The casinos are worried that a player might deposit money, withdraw and immediately request a chargeback. They have almost zero recourse if a player does that. The casino cuts a check for the deposited funds, it gets cashed and the player reverses the credit card transaction.
Last edited by: Mission146 on Mar 8, 2018
Vultures can't be choosers.
Mission146
Mission146
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March 8th, 2018 at 6:36:43 AM permalink
LilRedRooster,

I'll address parts of your posts individually, but the Terms are either upfront or they are not. In this case, they are. Feel free to look at:

https://www.gtbets.eu/depositoptions

Where it says, right up top:

Quote:

Please note, all depositing clients must provide documentation prior to receiving a withdrawal, and prior to making their 6th deposit. Documentation includes front and back copies of all credit cards used, a valid state/govt photo ID, a signed authorization form, and a copy of a recent utility bill.



Now, if you look at the payout methods:

https://www.gtbets.eu/withdrawoptions

The Terms and the fees are clearly listed.

In other words, the OP is complaining of Terms that were clearly stated and readily found NOT JUST before the deposit was made, but before an account even needs to be created to begin with. To wit, I don't have an account at that site and it took me one click on the, "Cashier," section to discover all of this.

Quote: lilredrooster

He says they need all this for the withdrawal:

We need from you:
• Front & Back copy of the credit card ending – ****
• Front & Back copy of your ID
• Signed authorization form ( Contact us for the electronic form)
• Recent utility bill ( not older than 3 months)”



Which they said upfront they would need for a withdrawal, before an account even needs to be created.

The credit card copy proves the player physically possesses the card and that said player's name is on the card.

The ID proves that is who the player is and that the player's ID and credit card matches in terms of name.

The signed authorization form is so that the player cannot request a chargeback (which he/she would almost definitely get otherwise...and could theoretically get anyway) after the payment has been made and completed.

The utility bill proves the address is current. While standard, I don't know why it is necessary. I don't know that there is any sensitive information on a utility bill, though.

As far as any sensitive information on the other documents, like I said, some casinos will let you obscure or cover up certain parts of those things. I've never had them tell me no on covering up the middle eight numbers of the credit card as well as the security code. If your SSN is on your DL and you talk to them and explain you would like that covered, I'm sure they would let you. I don't know if it's still done, but I know in the past that some states made your SSN your DL#...I believe Missouri was one such state.

Quote:

If they needed all that for the withdrawal why didn't they also need it and already have it for the deposit?



My guess is player convenience as providing such information might be a deterrent to playing to begin with.

Also, make no mistake that they are taking a risk NOT getting that information upfront given that a player could lose his/her funds and then initiate a chargeback request with the CC company, thereby free rolling the casino. If I had an online casino, I would definitely want that authorization form before I let you play.

Again, US Casinos, such as in New Jersey, do the same thing to some extent:

https://us.888casino.com/banking/cashout/how-to-withdraw/

Quote:

Withdrawals requested within the same 24 hour period, via the same payment method, may be combined as one payment.

Your authorization or some documentation, is required to process your withdrawal requests, and we may ask that you sign a list of your previous deposits with us.

888casino reserves the right to delay and/or stop the processing of withdrawal requests until final approval has been received for any outstanding deposit transactions.

Please see 888casino Withdrawal Policy.

Bonuses may be withdrawn only after all Bonus Policy requirements have been satisfied.

There are no fees for any of our withdrawal services.



Other than the fact that 888 has no fees, (mainly because it is all within the US) the procedure of obtaining additional documentation and the equivalent of additional authorization forms is the same. If they don't get it, they reserve the right not to pay.

888 is licensed by the State of New Jersey Division of Gaming Enforcement to operate in New Jersey.

Quote:

If he had lost and had not provided all that documentation in his deposit would they have questioned the validity of his original deposit and re-processed it demanding more documents or they could not consider the validity of his loss and his deposit would be voided?



I'm not following your question, can you please rephrase? You don't provide that stuff if you lose, only for a withdrawal. Like I said, the casino does take a risk of getting freerolled here because a player could still request a chargeback and the casino wouldn't have a ton of documentation backing up thew validity of the deposit.

Quote:

They need a utility bill? Come on. Really.



Standard, but I agree with you on this one. I guess it is for additional address verification. IN the casino's defense, it was stated upfront that would be needed. I do agree with you, though, that a utility bill shouldn't be necessary.

Quote:

And also this: • “If you feel strongly about not providing your documents, we will simply void your winnings and refund you your money if you want.”
Why would they refund anything to him. If his claim for his winnings requires so much additional verification why would his claim for his deposit not require a lot more too. Gee whiz. Could it be because they would like to pocket his winnings?



Everything that he says he is being asked to provide was stated upfront and could be found prior to making a deposit or even creating an account. I don't know why they would refund him, I wouldn't.

Quote:

And also this: " First, the player is hit by an outrageous FEE: US$ 60."

So very obvious that they suck up deposits easily but its like pulling teeth to get your win out of there.

It's not in any way equal in reputability to most brick and mortar casinos.



The fee was stated pretty clearly on the cashier page before the deposit was made and even before an account needed to be created.

They're being perfectly responsible, everything that they are requesting was stated upfront before the account was even created, much less a deposit made.

As far as the fee itself, the casino is likely just passing on some or all of whatever it costs them to do the transaction. That's why BTC is free, doesn't cost the casino anything. If you've ever accepted an International deposit, you would know that most, if not all, U.S. banks charge for that. They charge you to transfer money overseas. There are costs associated with all of this stuff.
Last edited by: Mission146 on Mar 8, 2018
Vultures can't be choosers.
beachbumbabs
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beachbumbabs
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Mission146
March 8th, 2018 at 7:35:27 AM permalink
The utility bill is a safeguard against identity theft. There have been many cases of CC/ID theft where the thief changes the address for check mailing. The utility bill helps prove the address and ID provided to the casino are legit.

It might not be necessary in every transaction, but it stops some thieves, especially online /dark Web CC listings.
If the House lost every hand, they wouldn't deal the game.
Mission146
Mission146
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March 8th, 2018 at 7:44:47 AM permalink
Quote: beachbumbabs

The utility bill is a safeguard against identity theft. There have been many cases of CC/ID theft where the thief changes the address for check mailing. The utility bill helps prove the address and ID provided to the casino are legit.

It might not be necessary in every transaction, but it stops some thieves, especially online /dark Web CC listings.



Good call, nicely done! I didn't think of that. Most people keep both their ID and CC in a wallet, so that makes total sense.
Vultures can't be choosers.

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