Quote:
Originally Posted by bb28
This thought just occured to me when I read Chuchu59's post.
I'm going to venture a guess that one reason notarized documents are not required in the normal course of events is because it is not cost effective to request them from every player. Afterall.....what percentage of players actually cash out??
And.....I would suppose that the normal documents requested all match up and are everything that they need in 9 out of 10 cases at least. It would be good if a industry professional would comment on the points I brought up pertaining to percentage of actual attempted fraud cases. This might address some of the concerns that players are bringing up because we normally aren't aware of fraud issues......well unless of course you one of the fraudsters.  |
I agree that it would not be cost effective to request notarized docs from each and every player. However, while TIV and some others may have genuine concerns on whether some players are fraud there may be some rogues using this as a ploy to delay cashouts or not to pay at all. We should not trust the casino in this regard as we dont know whether they are the former or latter. If there was a system which requires for such documentation when we register/deposit we should have much less to worry about.
Maybe the casino could seek to reimburse the notarization fees or rather the portion of fees that exceed $5/10. Or they could give a match bonus for these fees with a 3x playthrough.
. IMO the casinos may really require these docs for security purposes but havent given much thought to this issue to make it more palatable to the players. Simply stating that this occurs infrequently is not enough because of the fundamental question: Who knows?