It is easy to see that no deposit casinos keep what you win. That is part of their whole reason for being in business. After all, you must keep your capital invested in the casinos in order to make more money. That means they have to rake in the profits from whatever you win. There is nothing wrong with that as long as you are able to cover your losses and you are able to make more money than what you put in.
It is a different story when you are playing the games for real money. In that situation you are not allowed to take any money out unless you have won. Thus you are forced to play to win money, just as the slot machines do. And that is where the problems start. The casinos are not allowed to keep whatever you win because that is their investment.
The fact is that they put that money in the place where they get their money – the slot reels. They hope that you will line up some of your bets and bet them down. If you do that, the casino can claim that you put that money on the line and they are entitled to it. So they take that money from you and use it to invest in things where they get their money – you. This means that no matter how much you win, you lose money when you put those winnings back into the slot machines.
That is why casinos are only able to claim a percentage of any winnings you get from their casinos. In other words, they only claim a percentage of the total you win. You and I would both agree that percentage should be as high as ninety-five percent. Why is that?
That is the power of the claimant. That is why the casino’s ability to keep all of that money from you is limited. They have to claim a percentage from you to keep it from you. So, basically they are taking your winnings from you and giving it to someone else.
Now, we know that casinos use the claimant to invest in the things that help them make more money. The casino can’t do that with the no deposit system because there is no way for them to find out if the individual has any investment holdings. Therefore, they are not able to claim that percentage from you. As a result, the casino’s ability to increase its bottom line is limited by not being able to claim all of the money from you. It is like taking money out of your pocket and putting it in someone else’s pocket.
As I said, that is the casino’s job to keep you from putting it back into the casino. However, the no deposit casinos take your winnings, do not invest it, and then either keep it themselves or give it to some charity. Those who win at those games are lucky indeed. But that doesn’t mean they should have to keep the money.
I recommend that you do whatever you can to avoid claiming at all costs in no deposit casinos. If you win, be sure to get your moneys worth. Claiming is the casino’s job. If you don’t want to be a part of that game, play somewhere else. If you win, then claim the monies, but leave the casino to take care of the rest.
Also be sure that if you win and want to keep your winnings you don’t claim right away. Most casinos will only allow you to claim the full amount of your winnings, and then you will need to get a check or cash the check early, generally within a week. This can be inconvenient, especially for those who need to make traveling plans, or those who need to pay bills.
You can, however, get the go ahead from the casino to claim an equal amount of what you won. Normally this means that you are going to get half of your winnings, but if the casino allows it then that is the amount you can claim. Of course this also means that you will need to pay taxes on the difference between what you won and what the casino owed you. That isn’t a lot of extra money in my book, but you can always use the tax man to help with that as well. You can always claim the difference between what the casino paid you and what they owed you though.
No deposit casinos keep their slots and other games in the same way that they have always been. They aren’t going to change their rules because of any controversy that may arise. What is important is that they are legally allowed to do this. I recommend you play at a casino where you won’t need to use money to cover your bets, and win then claim the difference when that happens. It’s better to win something, then pay taxes on it.