We indirectly increase greatly casino incomes?

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Last post made 16 years ago by nalgenie
kkorgi
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  • kkorgi
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  • Ni
    After the next big prize with no deposit bonus and refusal in payment from for not the first use free chip, has reflected, where the written off money gets? After all on all to the known law if where that has decreased, means where that has arrived. When we satisfy a condition for a bonus and we have on the account much more than we can withdraw to whom surplus gets?
    The paranoia can at me? grin
    Sorry for bad English

  • Here in nevada, and i don't know where else it's relevent..
    But when we file our taxes and have the big winnings, most
    of us use the "winnings against losses".. meaning the form you get
    that shows your amount above a certain amount which is taxable
    beleive its 1100.00 here.. below that it is not taxed, you are just handed the money, when filing,if you produce such as.. "withdrawal slips" from casinos that can match the amount won as a loss.. then you usually don't have to pay the taxes, or it is adjusted.. hopefully you can understand that
    I have a feeling the online casinos use this using free chips..
    Could be for win and loss purposes, making it so they don't have to pay
    so much taxes on the amount they take in..
    Or as alot beleive it is a way to lure you in.. i theorize alot..


  • Ni
    After the next big prize with no deposit bonus and refusal in payment from for not the first use free chip, has reflected, where the written off money gets? After all on all to the known law if where that has decreased, means where that has arrived. When we satisfy a condition for a bonus and we have on the account much more than we can withdraw to whom surplus gets?
    The paranoia can at me? grin
    Sorry for bad English


    Firstly, please do not apologise for your English. Everyone from all over the world is welcome at this forum.

    Secondly - I believe you are asking about the money they take away from you on the casino.  Example you redeem a couple of free chips in a row and you are winning say $1000 and then they take away everything except the $50 you started with. 

    The money just disappears into thin air I am guessing.  The money on  your casino account is not real until you withdraw it and it is in your bank.  So in effect the money doesnt really exist until it is withdrawn.

    Not sure if that helps at all.

    blue
  • Unfortunately from for my bad English you have not absolutely understood me. I am afraid I can not explain that I had in view of

  • I think he is also asking, if it increases THEIR (casinos) income as well..
    maybe i read it wrong?
    Where does the money go?

  • Thanks blueday! You have understood my question. Probably I simply paranoiac


  • I think he is also asking, if it increases THEIR (casinos) income as well..
    maybe i read it wrong?
    Where does the money go?


    Yes it is exact
  • I see.. boy was i off.. i think i need sleep lol
    I was confused somewhat at the questions...
    Yes, use a free chip, when you reach your playthrough, all the free chip
    winnings are removed, all thats left is what you have earned for withdrawl
    you will be reduced to the amount capable of withdrawl, with is usually
    a certain percentage of the chip some half, some being 2 x's some
    offer no limit, always read terms and conditions of the chip
    you are redeeming, it does explain it

  • All many thanks for answers. It is the best site! Who it does thanks all!

  • Hi Blue, Kkorgi and all  wink

    Ive heard several cases in which free chip players
    have won random jackpots for $1000's ($12k was highest i heard of.)
    They wasnt allowed to cash out obviously, but i
    wonder if the money went back onto the same
    slot even!?  What if they took it back, kept it,
    and thus gave it to a NDB (no deposit bonus)
    player to void it?  Im not saying its happened
    to me, but i would advise to at least read all
    the t&c's for the casino's so u know exactly
    where u stand.  Max cashout is usually 1 - 2x
    the bonus amount, and usually u cant play
    with 2 free chips in a row...there has to be
    a deposit inbetween each to be able to make
    any withdrawal.

    Last thing: lol - Does anyone remember
    "Zodiac Casino," the gave me a $10 NDB
    once, and it said "no max cashout," i got
    up to $468, and asked for a cheque......
    and you'll never believe what failed to
    happen.........still waiting

    3.4/ 5

  • the question is quite simple to answer..

    all the rogue places like virtual casinos planet 7 etc... they offer most freechips with worst rules... you will never be able to cashout a jackpot.. fe.. the stupid promo where they give 2950$ for a 50 deposit.. many many random jackpots will be won by this promo and never be cashable for the player.. so they all went in the pocket of the casino.. they dont put it back!! so in the end they save to pay it out..

    the good rtg casinos put that balance back and also proof it if you ask for it...


    another reason why all the crap rogue casinos offer these freechips..


    think about..


    cheers

    coxwel


  • Hi Blue, Kkorgi and all  wink

    Ive heard several cases in which free chip players
    have won random jackpots for $1000's ($12k was highest i heard of.)
    They wasnt allowed to cash out obviously, but i
    wonder if the money went back onto the same
    slot even!?  What if they took it back, kept it,
    and thus gave it to a NDB (no deposit bonus)
    player to void it?  Im not saying its happened
    to me, but i would advise to at least read all
    the t&c's for the casino's so u know exactly
    where u stand.  Max cashout is usually 1 - 2x
    the bonus amount, and usually u cant play
    with 2 free chips in a row...there has to be
    a deposit inbetween each to be able to make
    any withdrawal.

    Last thing: lol - Does anyone remember
    "Zodiac Casino," the gave me a $10 NDB
    once, and it said "no max cashout," i got
    up to $468, and asked for a cheque......
    and you'll never believe what failed to
    happen.........still waiting


    I just saw a post in here yesterday somewhere about all of those Casino Rewards Casinos...looks like they are having some trouble right now, selling customers details, etc..there were about 7 or 8 of them listed.

    3.4/ 5

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