Casino terms contain important information such as KYC procedures, bonus and promotion terms, and deposit limits
Casino terms and conditions usually detail information such as game contribution percentages, withdrawal and deposit procedures, player account procedures, company information, and privacy and personal data processes. Here is a brief intro to terms and conditions that you should pay attention to.
Know Your Customer Procedures
KYC procedures include information about the required documents when you make withdrawals. These may include proof of address, photo ID, debit card details, and your bank statement. Some operators only require documents from players who withdraw large amounts while others ask all players to submit documents.
To make a deposit, you must use your own account and not a business or corporate account or card. Third party transfers and payments are considered invalid and subsequent winnings will be treated as void. Many operators also require that customers agree not to cancel any deposits made to their account by making reversals or charge-backs. Players are also notified that they shall report their losses and winnings when required by their tax or law authorities.
When it comes to withdrawals, a request can be made at any time, regardless of whether it is your deposit funds or your entire buy-in-balance. This is provided that you have satisfied all withdrawal conditions.
Bonus Terms and Conditions
What you will typically find in this section is a list of games for which bonuses cannot be claimed, the maximum bets, and the wagering requirements as per your deposit and bonus amount or both.
Promotion and Offer Terms
Casinos also have terms and conditions regarding cash prizes, free spins, and no deposit and deposit bonuses for which you have to meet the wagering requirements. There will also be a timeframe to claim your prize after which the offer expires. Some casinos also offer detailed information and terms for joining raffles and competitions that they offer. They usually require that players deposit a certain amount to enter a competition.
Opening an Account
Whether you wish to play roulette, baccarat, or poker online, operators only accept players who are legally able to enter into contractual agreements and are above the age at which gaming and gambling are allowed under jurisdiction or by law applicable to them. Players under an exclusion order, i.e. excluded from gambling are not accepted.
When opening an account, you are asked to provide correct information such as your name, address, and personal details. They cannot be duplicated through another access device, email address, or household, family, or person address. This also holds for devices that are shared such as at public libraries, workplaces, and schools.
Casino operators allow customers to set a deposit limit through their software or website. However, they need to give an advance notice if they wish to increase the deposit limit. To find more about setting limits, players are encouraged to contact customer service.