I don't know which country you are from, but UK landbased do do them, when they feel there is a risk, or possible responsible gambling issues.That is something I have already told any online casino/sportsbook who has(will) ask/ed for a SOW.
On top of that, thanks for SOW, whoever set it in motion, I will lose much less money online.
No land-based bookmaker or casino has ever requested my SOW, and KYC is limited to displaying your ID card if you win and tax must be payed.
Not once been asked for a Sow from any UK casino. The only one I got requested was from ABC and that was just the mandatory £1400 withdrawal limit. Which was held against me till it was completed.Interesting poll! If I was a U.K. player I would be dubious playing anywhere that didn’t ask for SOW though. Let’s see what the poll says.
As has been stated many times previously the easy way to solve all this, is for Casinos to ask for all requirements before the player can deposit.
This is where the hypocrisy comes in. They don’t have to do that by law and I wonder why? AML should surely be stamped out from the beginning, not when a player has deposited 10k.
The argument is, (from the Casino’s side) if that was law then it would deter players from joining so the law, (which as I have pointed out above, doesn’t make any logical sense) let’s them do checks at certain points and I wonder why?
Well, that way it allows everyone to have their cake and eat it. It makes it look like governing bodies are doing their bit correctly by implementing rules and reg’s. It makes it look like Casinos are doing their bit, whilst of course ensuring that players are not put off from signing up, which of course would lead to a loss in tax revenue for the government so plenty of hidden (not very well) agenda and ulterior motives going on here. Wheels within wheels folks, that’s all it is.
How can you? It is meant to ensure funds deposited are legitimate. If you haven't deposited, what is there to check?Why can you not do SOW?
Because thats asking someone to predict the future and wouldn't solve anything. How would that work? Show a bank account with £1000 and the casino decides you can play with that. Then you deposit £500 in a different casino, win £10000, and once you hit the £1000 the first casino said you could deposit, you can't deposit more unless you go through another SoW, which defeats the object of the first one.Well instead of asking post deposit where did the funds come from? Ask pre deposit, where are they going to come from?
'Affordable' is wholly up to an individual and is their own personal choice. Its also not unusual for couples to have different bank accounts so what is showing in one bank account doesn't show how much somebody has available to spend. If a person is depositing roughly the same amounts,I tend to stick to between £10-£30 then why do they need to provide any more proof than they already have?You have to show payslips to prove your earnings or where the £1,000 has come from. SOW is different to AML (isn’t it?) but I see how the 2 are very connected. SOW is primarily to see if gambling is an affordable commodity or so I thought and secondly that the funds are legit.
Perhaps I am wrong there. Either way, don’t you think £10k is a very large amount to accept before checks are done?
Not sure that’s true? If you submitted a bank statement that showed you were regularly making deposits from an overdraft facility, even if yourself and the bank were okay with it, a Casino following RG and DD would close your account.'Affordable' is wholly up to an individual and is their own personal choice.
I agree with Johnny. We are far too nanny state these days. It SHOULD be up to an individual to manage their finances accordingly, not have them micromanaged by others. If a bank has agreed a credit facility with an individual then the relationship is between that individual and the bank. You have to pay it back the same whether you spend it on a pack of cigs and 2 bottles of vodka or a session on Gems Bonanza!Not sure that’s true? If you submitted a bank statement that showed you were regularly making deposits from an overdraft facility, even if yourself and the bank were okay with it, a Casino following RG and DD would close your account.
Well yeah this is why we're discussing the absurdity of the whole thing (even if the RG issue is digressing somewhat from the original discourse)!The difference being tobacconists and off-licences do not have an obligation to fulfil, in asking whether it’s affordable, whereas Casinos do. I am not for it by any means but if that’s the law, then.......
They get confused, but as you mentioned AML in your first post about it, I presumed thats what you were meaning. Usually the checks that casinos use to withhold winnings are AML. If your brother sends you £50, then that shouldn't be an affordable gambling issue, it could be a ML issue though, particularly if there were loads of deposits.You have to show payslips to prove your earnings or where the £1,000 has come from. SOW is different to AML (isn’t it?) but I see how the 2 are very connected. SOW is primarily to see if gambling is an affordable commodity or so I thought and secondly that the funds are legit.
Perhaps I am wrong there. Either way, don’t you think £10k is a very large amount to accept before checks are done?
They are notorious on here and pretty sure they have been taken off the accredited list for giving people the run around with withdrawals etc.I sent Casumo, every bit of SOW they asked for. My withdrawals over 4 years were about £500 above my deposits at around 11 odd thousand. None of my money was or is laundered and my bank statements for the 3 months I sent showed more money withdrawn than deposited.
In all honesty, they would have probably got that bit of profit back quite quickly and more but they closed my account. The only reasons (and they didn’t and wouldn’t say why) could have been that, I wasn’t the type of customer they wanted OR because the amount of cash flowing through the account (even though I was winning) was deemed irresponsible.
I am sure they have but even though I was winning, it still appeared irresponsible as I had as many as 500 deposits a month at 15 plus Casinos. My withdrawals covered it plus a bit but most of that money was just being recycled. Looks dodgy as hell on the face of it but it was nothing more than the explanation I have given.They are notorious on here and pretty sure they have been taken off the accredited list for giving people the run around with withdrawals etc.
Don't think we can really look to that lot for business advice and tips
Yeah I get you. This is it, most gamblers will recycle funds...very few just take the withdrawal and never deposit again lol.I am sure they have but even though I was winning, it still appeared irresponsible as I had as many as 500 deposits a month at 15 plus Casinos. My withdrawals covered it plus a bit but most of that money was just being recycled. Looks dodgy as hell on the face of it but it was nothing more than the explanation I have given.