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Online Casinos in general: Deposit once convert VS. "does not run" and you notice it :/ VS. FORCE DEPOSIT (Page 2)

Topic created on 29th Nov. 2019 | Page: 2 of 2 | Answers: 18 | Views: 3,937
MarcT22186
Expert

Deposit once convert VS. "does not run" and you notice it :/ VS....

30th Nov. 2019, at 12:17 am CET#11
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KnutHut wrote on 30/11/2019 at 00:06: And then THIS site is exactly WHAT???

What exactly do you mean by that now?

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s****n

Deposit once convert VS. "does not run" and you notice it :/ VS....

30th Nov. 2019, at 12:42 am CET#12
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Liked this post: Avatar von KnutHut KnutHut
Everyone always says, due to terrorist financing, money laundering, etc, the amount must be implemented.

That's utter nonsense.
I have never seen a law that
such a thing exists. Also what is a one time turnover supposed to prevent? If I constantly Deposit money and pay it out again, it will be noticed anyway, I don't need a law for that

It is only an instrument of the casinos to collect money
What's wrong with allowing this for a change?

Or someone should show me the law that forces casinos not to be allowed to pay out the amount directly again!

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Kleinkariert
Expert

Deposit once convert VS. "does not run" and you notice it :/ VS....

30th Nov. 2019, at 12:48 am CET#13
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saturn wrote on 30/11/2019 at 00:42: Everyone always says due to terror financing, money laundering etc the amount has to be implemented.

That's just out and out bullshit.
I have never seen a law that
such a thing exists. Also what is a one time turnover supposed to prevent? If I constantly Deposit money and pay it out again, it will be noticed anyway, I don't need a law for that

It is only an instrument of the casinos to collect money
What's wrong with allowing this for a change?

Or someone should show me the law that forces casinos not to be allowed to pay out the amount directly again!

There is not, the UKGC prohibits such turnover rules for real money even. Applies only to UK players, unfortunately.

I think that they are required to have money laundering prevention measures and someone has probably had the idea with the 1x convert to make it less lucrative. There is no law, the casino can pay out when it wants and without any problems.

Some casinos exaggerate it a bit. On a Casini I was also allowed to read 3x convert the deposit. Believe it stood or even stands at N1 Casino that one would reserve the right.

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KnutHut
Rookie

Deposit once convert VS. "does not run" and you notice it :/ VS....

30th Nov. 2019, at 12:53 am CET#14
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This GJ site with Daniela and his girlfriends and lawyers from the casinos is dubious
Like these streamers,
All GJ employees always win a lot
Like this Christiane and this Julia and how they all call themselves anonymous.
Malta is coincidence, Puke is coincidence. Panama Papers is money laundering
Small online spewers are criminals.
The fish stinks from the head.
You see???

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MarcT22186
Expert

Deposit once convert VS. "does not run" and you notice it :/ VS....

30th Nov. 2019, at 01:46 am CET#15
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Kleinkariert wrote on 30/11/2019 at 00:48
There is no such thing, the UKGC actually prohibits such turnover rules for real money. Applies only to UK players, unfortunately.

I think they are required to have money laundering prevention measures in place and someone must have had the idea to implement 1x to make it less lucrative. There is no law, the casino can pay out when it wants and without any problems.

Some casinos exaggerate it a bit. On a Casini I was also allowed to read 3x convert the deposit. Believe it stood or even stands at N1 Casino that one would reserve the right.

§16 GWG regulates this quite clearly in combination with the definition of terms.
The EU law on this I just searched, but not found in a hurry. This describes among other things also that the transaction must be used for vermerken purpose. These regulations have even been developed specifically for (online) gambling. The law at the federal level is kept quite thin, because prohibited by law in Germany, the law of the FTAF but quite long

Regarding UKGC: this prohibits the inclusion of the Deposit in the wagering of a bonus, which quite a few casinos like to do. In addition, it must be made clear what is bonus and what is real money and which is currently being used. Wins made with the real money portion of the account must also be withdrawable
The action sheet on anti-money laundering recommends a deposit turnover or up to 3x wagering. Anything over 3x is prohibited

Everything can be read on the AML pages of the UKGC. If something should have changed on UKGC side since 02/2019, always gladly here with it

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MarcT22186
Expert

Deposit once convert VS. "does not run" and you notice it :/ VS....

30th Nov. 2019, at 01:55 am CET#16
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KnutHut wrote on 11/30/2019 00:53: This GJ site with Daniela and his friends and lawyers from the casinos is dubious
Like these streamers,
All GJ staff always win a lot
Like this Christiane and this Julia and how they all call themselves anonymous.
Malta is coincidence, Puke is coincidence. Panama Papers is money laundering
Small online spewers are criminals.
The fish stinks from the head.
You see???


Then the question is, why the hell are you here?

I mean, seriously, if I find a site, forum, whatever dubious, then I do not visit this and even more so I register there!?

Do all GJ employees win a lot? I honestly have no idea if and what they win, let alone that I have ever seen it.
Where do you get this info?

What do the PP have to do with it?
That the little online player here is criminal is probably more due to the law and not so much to GJ...
If it were not forbidden here, one could control the whole even reasonably

And who is actually Daniela and his girlfriends?

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mk5jas
Amateur

Deposit once convert VS. "does not run" and you notice it :/ VS....

30th Nov. 2019, at 05:08 am CET#17
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I also had to convert my 100 euros once, the requested withdrawal was not accepted and the money transferred back to the player account
May be ok because of money laundering, etc., but in my head is not purely what I can wash there if I Deposit with immediately from my checking account and 5 minutes later again on the same checking account disburse
If I transfer me now 100 euros on my visa I must also not even convert to get the money back. As a registered and verified customer of a casino, I think this is absolute nonsense

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MarcT22186
Expert

Deposit once convert VS. "does not run" and you notice it :/ VS....

30th Nov. 2019, at 07:46 am CET#18
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mk5jas wrote on 30.11.2019 at 05:08: I also had to convert my 100 euros once, the requested withdrawal was not accepted and the money transferred back to the player account
May be ok because of money laundering etc, but in my head that does not go purely what I can wash there if I Deposit with immediately from my checking account and 5 minutes later again on the same checking account pay out
If I transfer me now 100 euros on my visa I must also not even convert to get the money back. As a registered and verified customer of a casino, I think this is absolute nonsense

If it goes for example from account A back to account A, I agree with you. Whereby it does not matter what kind of account it is
But if someone now deposits with PSC and wants to withdraw again untouched, that is mMn still somehow sensible

Of course, the same applies to deposits from account A and withdrawals to account B. Even if it is obviously the same person, it does not necessarily have to be the owner

The point is that the task force for financial transactions wants to know in case of doubt how and to whom the money went. Banks have it easy in the EU. There is briefly investigated whether the KK is actually yours, but this information gets no casino in the world. In addition, banks regularly check your credit card balance, in case of inconsistencies, it is also forwarded to the appropriate authorities
Just so 100,000 € on the KK account with a Verfügungsrahmen of eg 2000 € is not. One should also refrain from credit cards on German accounts. If you indicate a win from gambling that is not regulated by the state, it can (but does not have to!) happen that the bank first freezes it. So it is better to send chocolate to your advisor every month than to p**s on his leg once. - this is also one of the reasons why wallets are so popular here.

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MisterL
Expert

Deposit once convert VS. "does not run" and you notice it :/ VS....

30th Nov. 2019, at 11:06 am CET#19
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pommesbuden as well as in former times there are no more for it zig doner - pizza - stores kiosks
and all the small baker stores have to print out a receipt for each roll from next year (money laundering law terror financing phhhhhh..)
the federal budget has more than doubled in 5 years from 450 billion to over 900 billion !!!!!!! sick everything
the russians americans and others have to pay much less in taxes (13 percent)
the world shall be healed by the german way
Live and let live

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