King Billy casino 3x wagering requirement for withdrawal without bonus

King Billy is reviewed at Casinomeister

kou187

Meister Member
MM
Joined
May 19, 2013
Location
A Ham Sandwich Wrapper
King Billy has a small Willy!

Sounds like a very reputable casino. No it is not normal to have to wager your own cash funds 3 times. It should be 1 time to avoid money laundering not 3.
 

Kyocer777

Newbie member
Joined
Feb 5, 2021
Location
Spain
Why, then, it has so high rating in Casinomeister? Maybe they introduced this rule recently? Or reviewer did not notice it?
 

Halvor

Experienced Member
Joined
Apr 3, 2018
Location
Malta
3 on deposit is at the high end, 1 is normal.

However as long as it's stated in their terms, why should it affect their rating?

Edit: Checked their site and its easy enough to find. According to their terms they can apply a fee rather than 3x wagering. so you can always request that if you want.
 

anddi32

Meister Member
Joined
Aug 21, 2018
Location
Finland
Why other casinos can have no wagering requirements and are regulated by Malta?
This wagering is just cheating the players!
Every time when you raw deposit you should wager your money one time over. Even if not read separately in the t&c, it's an unwritten rule in the casino world because money laundering. And casinos have pretty sensitive systems. I'm sure their systems will alert red flags if player time after time example deposit 100 euros, wager 10 euros and then cash out. Pretty soon player may be in little problem if casino starts investigate player's gaming style. And never use any red + black-tactic or other grey zone-styles when wagering your deposit. That style can also lead to problems

But yes 3x wager to raw deposits. What a joke!
 

Kyocer777

Newbie member
Joined
Feb 5, 2021
Location
Spain
I would never come back to an online casino making me wager my deposit three times - even one is not always good for me...

Having crap like this in place players may end up never cashing out anything.
Exactly, this rule is for catch gambling addicts to do silly mistakes and lose deposit.
 

Guntis

Senior Member
Joined
Dec 29, 2017
Location
United kingdom
Exactly, this rule is for catch gambling addicts to do silly mistakes and lose deposit.

There are two reasons that I can think of:
  1. an extra security layer against scammers and advanced players
  2. an extra opportunity for a casino to keep money in the house
It happened to me too after which I didn't want to come back to that casino anymore. They had a 1x deposit turnover, about which I found out later on when my withdrawal bounced back... lol

Deposited £300 ➝ stared to spin at £3 ➝ hit the bonus within 20-40 spins ➝ the bonus paid over 100X ➝ £500 cashed out ➝ £500 bounced back ➝ I got pissed off ➝ and you know the result... :D
 

Kyocer777

Newbie member
Joined
Feb 5, 2021
Location
Spain
In comparison with financial trading brokers, casinos withdrawals are so pain in the a**. Money are blocked by this, then because of that. Now I will always deposit small amount to see how they react to withdrawals.
 

dec2008mcl

Full Member
PABnononaccred
Joined
Apr 28, 2020
Location
N Ireland
3 on deposit is at the high end, 1 is normal.

However as long as it's stated in their terms, why should it affect their rating?

Edit: Checked their site and its easy enough to find. According to their terms they can apply a fee rather than 3x wagering. so you can always request that if you want.
Are you for fucking real?
 

dec2008mcl

Full Member
PABnononaccred
Joined
Apr 28, 2020
Location
N Ireland
So let's see

If I deposit £50 playing in £1s and on my second spin I hit bonus for £120.
My balance is now £168
I now have to playthrough £148 before I can make a withdrawal.

Considering this is my own money with no bonus, if that doesn't adversely affect a casino rating I don't know what would.

Or what connections does King Billy have to this website?
 

Bunbu

Full Member
PABnonaccred
Joined
Apr 25, 2021
casinos withdrawals are so pain in the a**
When I notice that the casino is slowing my withdrawals and asking me to shave my beard. to take a shower or to use my left hand when i spin slots, to open the window when i talk with support, or to hop on a my own head ... I close my account immediately after I receive money on my bank account, e-wallet etc.

I've been with bet365 for 11-12 years and have never had a problem with withdrawals, never. They asked me a few years ago if I had a new ID card because my old one was about to expire: "Please send us a new one when you get it." After the initial KYC (completed years ago), that was all they asked for update, In midtime (before i got new ID card ) they never stopped my withdrawals or deposits or asked me to shave my beard. :)

I had withdrawal issues on Rizk a few years ago, so after a painful (second) KYC, I withdrew everything and closed the account. Important notice: A problem with Rizk KYC occurred after I won big and requested to withdraw it all. Just checked, and the account is still blocked, and will remain so endlessly.

Are withdrawals (KYC) simple or painful, and that is what matters most when you gamble online, my personal rule and most important. Says a LOT is it casino ok or its - you know what .

Let the the force be with us!
 
Last edited:

Eliot85

Full Member
Joined
Dec 14, 2020
Location
Sweden
I deposited on winny casino wich is a sistersite... There was malfunctions on the site and i could not open any game from any provider. then i went to chat and spone to them and tomd them to roll back my 500euro to my bankacount, they did not doit they said i have to wagger it 3 times... Imagen i have to waggwr my own money 1500euro to have my own money back. And this beacuse that they can not provide a game ho is playable.. But in not suprised when i chekd N1 interactive site... Biggest scam casinos. a support wich is arrogant and not helpfull at all... I personally avoid all of N1 interactive sammers.
 

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