IS THERE ANY LIMIT?

[rakefet]

Hello
Can you please help me in this matter?
Is there any limit that a casino must put to the deposits, especially when it concerns a new player?
I am a totally new player in a web casino (for now I won't give you its name).
At first I was wining (don't we all?). At no time I lost it all and start deposit greater sums. As I was using my credit card at first I could refund my deposits, but without notice I became complicated in something behind control. In my first 2 months as a new player I deposited more then $20,000!
Is there no limit that a casino must put to the deposits?
Please answer me ASAP.
Thanks a lot
N.

[Casinomeister]

Hi Rakefet,

And welcome to the forum. It depends on which casino you are playing at. Some have weekly or monthly deposit limits. Some don't. Which casino was this?

[rakefet]

Thanks Bryan.
It was global-player casino

My question is, are they aloud not to have weekly or monthly deposit limits?
Is it right to accept such a high deposit (more then 20.000$) from a new player on his
first month?

[tim5ny]

I,m just curious as to why you are asking this rakefet?? Do you want to be limited on how much you can deposit per week...or month?? As long as the money is green, they,ll take it from you. They don,t care if you can,t repay your lending institution. If you can,t stop, and need help, go to this site.... gamblock.com .. download the program for twenty bucks, and it wont let you gamble on your computer again...EVER! It can,t be removed. Good luck! Tim

[jpm]

rakefet, it sounds like you maybe got in over your head. You should seriously consider talking to gamblers anonymous before you play anywhere again. They are at www.gamblersanonymous.org

[Casinomeister]

I agree with the rest.

You may be in over your head. $20,000 is an exuberant amount to be throwing to the wind, even if you are filthy rich. $20,000 could have done wonders for a charity for the blind, or homeless kids, or something.

You ought to move on and find something else to fullfill your leisure time. There are a few casinos that have deposit limits, but not many.

[iataz]

Not only does the amount worry me, but he states
"As I was using my credit card at first I could refund my deposits"

I question what is meant by that, does he mean he was doing charge backs??

[rakefet]

THANK YOU ALL, BUT YOU HAVE MISSED THE POINT HERE.
I am not an addict gambler that fulfill his leisure time throwing to the wind his money instead of giving it to charity. It was my first experience as a web gambler –
I only played at one casino and only for one month.
And I am not rich. Loosing $20,000 was a real disaster, so you don't have to make it worst for me.
Anyhow, YOU DID NOT ANSWER MY QUESTION: You say that there are a few casinos that have deposit limits, but are they not oblige to do so? Are there no rules? Are web casinos a pure Jungle???

[tim5ny]

If that,s how you spend when you are NOT an addict, damn!!! Twenty thousand in 2 months! Anyway, I,d like to know why the credit card company didn,t question this and/or put a stop to it. After all...it,s their money until you pay it back. How,d you get such a huge credit line anyway?? Or is it several cards? As far as gambling online... YES!!!!! it is a jungle out there. If you have a choice....gamble at a land-based casino. I don,t think I need to tell you that losses rack up alot easier online than at a "real" casino.

[jpm]

Gambling $20k in one month when you are not rich tells me you ARE a gambling addict. Otherwise you would have stopped at $2k, 5k, 10k, 15k, etc. Get some help! Its not their problem if you gamble beyond your means. And they don't particularly care if you do so. They are in the business to make money from your losses.

And the very simple answer to your question is NO! They are not obliged to do ANYTHING. That's why its called an unregulated industry. They make and abide by their own rules with VERY limited exceptions (like Lasseters, which is associated with a land based casino). I'd suggest you don't try to charge it back either, since they will prosecute you for fraud and that will put you in a worse position than you are now. Jail!

www.gamblersanonymous.org


(Message edited by JPM on June 28, 2003)