Anyone positive experience with Select bet?

Hello everybody,

I came across this forum after seeing negative reviews about select bet on google.

Unfortunately, before I registered there and deposited money.

I deposited money yesterday and then ordered a payout of over 2000 euros.

I didn't play in the casino, just sports betting without claiming a bonus.

The payout amount is in the "pending" status. I know it can take a while.

Due to the negative reviews, I am now very nervous and these will be nerve-wracking days ...

Before the payout is even released, I will be asked for documents for verification.

Can anyone tell me (based on experience) what kind of documents I should prepare?

I'm so excited....

Thanks for reading!

I have now received an email that I have to wager the amount at least 3 times.

3 times a fee is taken ... 5 times not ...

Well ... stupidity should be punished ...

Generally speaking, casinos require photo of your ID, proof of address (for example a utility bill) and picture of a card that you used for deposits (you had hide certain numbers). If you bet more than you deposited, then you shouldn't need to wager it 3x or 5x. For example if you deposit 100, bet 50 and 50 and win 4000, you should be able to withdraw it all. On the other hand, if you deposit 100 and bet only 50 and win 4000, you should theoretically need to bet another 50, because all deposits need to be wagered before withdrawal.

But it's nonsense if they require you to wager your winnings!

I have to label this as a painful stupid experience in my many years of "online" experience.

Had deposited 500 and 1000 respectively.

I got the following information in the live chat ...

"In your case you should wager the amount of 1500 EUR 5 times"

"Three times is only if you agree to the fees. All deposits are paid"

If they ask you to wager your deposit (not the winnings) 3 times, then it's a standard procedure. It's one of basic anti money-laundering measures that casinos and betting companies use.

I haven't had to transfer my deposit several times with any other provider. Maximum 1 time.

But in this case that means:

If I deposit € 1500 at select bet and z. B. win 1000 €, then I should be able to withdraw 1000 €? And the 1500 € stayed in the betting account.

Regard! thank you for your experience.

And I quote the part from the terms and conditions:

3.14 A customer can only withdraw funds from their account if they have wagered their deposits at least five times before they can make a withdrawal . The rollover must be completed with a rate greater than 1.6 (sports betting). When playing at the casino, a player must wager their deposit at least 10 times. If the player does not meet this requirement, Select.bet reserves the right to debit the account with up to 8%. In any case, the customer cannot withdraw his money until he has converted his deposit at least three times (whether in the casino or in sports betting). Please note that all cash out bets, draws, refunded, declined bets, void bets or bets placed on all outcomes of an event will not be taken into account in calculating sales. The rule also applies to all ongoing bets.

In short: they are criminals. Here, in particular, people addicted to games, who usually already have psychological and financial problems, are put in a position that cannot be put into words.

Such casinos / websites should be blocked in every legitimate country!

Yes, when you win 1000€, you should be able to withdraw 1000€ because winnings don't need to be wagered. I'm also looking at the terms and conditions and they're not fair according to me. I'm going to discuss this with our department that creates casino ratings.

I had my account deleted earlier.

I was asked why. I answered that because I just don't want to play anymore.

Then they made me an offer:

Would you change your mind about leaving us if I offer you a very good bonus?

https://select.bet/de/tc-pages/win100

What a generous offer 😀

HOW TO QUALIFY FOR THE BONUS:

1. This is a private sports promotion that is only offered to a limited number of Selec.tbet customers.

2. For eligible accounts, 110% of the deposited amount will be credited immediately after entering the bonus code for this promotion, up to 110 € / $ / £ (or equivalent in €): SB110WIN

3. Players who fail to enter the bonus code with their first deposit on the deposit page will not be able to receive the bonus after the deposit has been successfully processed.

4. The minimum deposit required to take part in this promotion is € / $ / £ 10 (or € equivalent)

5. The maximum bonus amount for this promotion is € / $ / £ 110 (or equal to €)

REQUIREMENTS FOR THE BONUS:

6. In order to be able to withdraw the bonus and the accumulated winnings, the players must wager the bonus amount 19 times.

7. Customers must do the rollover within 21 days.

8. The maximum wagering amount that will count towards the rollover requirements for this promotion is 50% of the stated bonus.

8.1 The maximum converted amount of this promotion corresponds to 5 times the bonus granted.

9. Void, Tie (Refunded) or Voided bets will not count towards rollover requirements for the bonus.

10. Customers with an active bonus may not place bets with odds below 1.80 (decimal).

10.1. Customers with an active bonus are excluded from:

- Multiple bets on the same outcome of the same event

- Betting on opposite sides with the same outcome of the same event

- Betting on NHL markets

- Bets on NBA markets that include: "Two-Way First to Score", "Two-Way Last to Score", "Team Quarter With Highest Score", "Two-Way After".

11. The General Terms and Conditions of Select.bet apply, unless otherwise stated.

Apart from the fact that the name "Selec.tbet" is misspelled in point 1 ......

They are simply criminals. Whoever runs the site and has given permission is under one roof with them! Just criminals!

So how about your winnings? Do they still claim that you need to wager your winnings?

I couldn't try that anymore because I kept playing because of the claim and lost everything.

My account is now closed.

I feel sorry for everyone who pays in money and I would be happy to save as many as possible ...

Then you basically reached the point when there's nothing to complaint about. If you submit a complaint now, the casino could claim that you could always withdraw your winnings, but the deposit would need to be wagered few times due to anti money-laundering policy 😕

Hello how are you. Look, it's nothing you can't solve. I'll tell you, I almost had an expectation something to yours. But when I realized I thought. Ke I must aser. Idije .. let's investigate. What kind of documents are you asking for? So give it up. It was just your personal data like you ("credential".) Your (: proof of address :). (: Your registration key .:). Or they also ask you for three kinds of identification .. ('driver's license ..'). (: Passport 🙂 🙂.

It feels strange. How do you bet 5 deposits? Do I have to bet all my money five times just to get a withdrawal opportunity? That's very expensive! (Lol

It works simply. Let's say you deposit 100 and you need to wager it 5 times.

You will bet 1 per spin. You do 100 spins so you just bet your deposit 1x. Since online slots have the usually return to player (RTP) of 96%, you can assume that you have 96 at this point.

Then you have to bet 100 x 1 again, and then 3x the same.

It is actually quite easy to bet your deposit 5x, but you will lose some part of the money as I explained above due to the RTP.