NineCasino, an international online casino brand, has announced that one of its customers was lucky enough to secure a win of almost 4 million euros with a bet that was worth just 20 cents.
The life-changing moment was experienced by a player from Brazil. According to the statement released by the casino, the player logged in just to spend a few entertaining moments and in the early hours of the morning of January 15th he managed to score the big win.
Staggering Multiplier
It all happened after just a few spins on the Wolf Blaze WOWPot! Megaways online slot which was released by Fortune Factory Studios, a well-known and appreciated provider of games for online casinos. The player triggered a staggering multiplier of x20,008,157.44 which led to a win of €3,760,840.37 euros.
Wolf Blaze WOWPot! Megaways is an online video slot which was released in April 2023 and, according to the casino, it represents more than a mega jackpot slot. The game packs the WOWPot feature, which is a four-tiered progressive jackpot originally developed by Microgaming, one of the oldest casino software developers in the iGaming industry.
The jackpots offered by WOWPot games can lead to such epic wins, amounting to millions of euros. Wolf Blaze WOWPot! Megaways features symbols such as cougars, wolves and eagles, and it also offers Wild Tokens on Extra Reels where the progressive bonus games can be found. The game also has Free Spins that can be triggered, along with several multipliers.
More About the Casino
NineCasino is promoted by Chilli Partners, a powerful affiliate agency, and it represents their flagship brand. The online casino has seven Wowpots available at the moment, including Book of Atem WOWPot and the Sherlock & Moriarty WOWPot.
The online casino also offers jackpot games from Pragmatic Play, including The Dog House Megaways, Joker’s Jewels and Gates of Olympus. Moreover, NineCasino has over 6,000 games in its offering, along with regular tournaments and promotions, plus several gamification features. The casino is currently available in 12 languages and it offers customer support around the clock.
Source: “A €3.7 million win from a wager of less than €0.20c at NineCasino!“. European Gaming. January 22, 2024.
The post Player Wins 3.7 Million Euros at NineCasino with Wager of 20 Cents appeared first on Casino News Daily.
Es importante comprender cómo pensamos y procesamos situaciones, cómo nos enseñaron a resolver problemas de niños y cómo eso afecta nuestras decisiones en el juego. Puede que hayas oído el término “falacia”, definido como “un error en el razonamiento que invalida un argumento”. Las personas que sufren de juego problemático a menudo creen en una o más falacias del juego, como “La Ilusión de Control”, “La Falacia de la Mano Caliente” y “La Falacia del Jugador” (también conocida como la Falacia de Montecarlo). Estas tienen un gran impacto cuando se trata de jugar y son la fuerza impulsora que puede convertirse en juego compulsivo.
La Ilusión de Control y la Falacia de la Mano Caliente
Tómate un momento para reflexionar sobre la definición de juego: cada vez que apuestas dinero o RIESGAS algo de valor en un evento con RESULTADO INCERTERO, estás jugando. Sin embargo, muchos jugadores creen que pueden influir en juegos con resultados completamente aleatorios. Algunas formas de juego están diseñadas en torno a esta falacia al proporcionarle al jugador opciones, como la oportunidad de elegir números para el próximo sorteo de lotería o usar números aleatorios generados por la computadora (“elección rápida”). No importa si el jugador pasa una hora decidiendo qué números jugar o un segundo diciéndole al dependiente que quiere la “elección rápida”: ¡esto no afecta sus posibilidades de ganar! De igual manera, un jugador elige una máquina tragamonedas sobre las demás en el casino, y esto puede deberse a diversas razones: vieron a alguien ganar un premio en esa máquina, la máquina tiene un tema que les gusta, jugaron en esa máquina la última vez que vinieron al casino, la máquina es de su
color favorito, etc. Ninguna de estas razones afecta sus posibilidades de ganar. Por lo tanto, uno no puede convertirse en “experto” o “profesional” en este tipo de juegos de la misma manera que en un juego de habilidad como el ajedrez o el golf.
Para el jugador casual/social que no tiene problemas, esto puede ser parte de la mística y lo que hace entretenido al juego, pero para aquellos que tienen problemas o están en riesgo, la Ilusión de Control y la creencia de que un premio mayor está a la vuelta de la esquina pueden mantenerlos jugando a pesar de las consecuencias negativas. Otra falacia relacionada con el juego es la “Falacia de la Mano Caliente”, que caracteriza la creencia errónea de que una victoria anterior llevará a victorias futuras. Por ejemplo, un jugador podría creer erróneamente que una máquina tragamonedas que produjo un premio mayor recientemente es más probable que produzca un premio mayor cuando él o ella juegue. Mientras estás en el casino, podrías escuchar a los clientes decir cosas como las siguientes, todas basadas en falacias:
“Si obtengo mi máquina favorita, puedo ganar.” “Sé cómo funciona este juego, puedo vencerlo.” “¡Esta máquina está caliente!”
Muchos de los pensamientos que llevan al juego problemático están relacionados con creencias subyacentes incorrectas, una falta de comprensión sobre cómo funcionan los juegos y no conocer las probabilidades. No es difícil imaginar cómo alguien que cree que “le toca ganar” podría comenzar a pensar que las apuestas son una forma de resolver problemas financieros. Esta creencia a menudo (pero no siempre) está relacionada con haber experimentado una “gran victoria” al principio de su historia de juego. Como ya ha sucedido, sobreestiman la probabilidad de que ocurra una gran victoria nuevamente. Se refuerza positivamente cuando la persona ve las luces intermitentes y escucha los sonidos característicos de otra persona ganando en la máquina tragamonedas cerca de ellos o ve noticias sobre alguien ganando el premio mayor de la lotería multimillonaria en la televisión o en las redes sociales.
Ganar es ruidoso, pero perder tiende a ser silencioso. Rara vez escuchamos sobre eso.
Un segundo error de concepto sobre el juego se refiere a la falta de comprensión de la independencia de eventos aleatorios. Un mito común es que si juegas el tiempo suficiente, ganarás, o que un premio mayor está a solo una apuesta de distancia. Pero en realidad, las apuestas o jugadas individuales no tienen absolutamente ninguna relación entre sí.
Por ejemplo, si lanzas una moneda una vez, tu probabilidad de obtener cara es del 50%, y tu probabilidad de obtener sello es del 50%: hay dos resultados posibles y son igualmente probables. La segunda vez que lanzas la moneda, las posibilidades de obtener cara y sello son las mismas: 50:50. El resultado de cada lanzamiento individual no tiene relación con ningún otro lanzamiento. La moneda no tiene memoria. Una racha de caras no significa que sea más probable obtener sello en el próximo lanzamiento. Lo mismo ocurre con las máquinas tragamonedas y otras formas de juego. Sin embargo, alguien que sufre de juego problemático seguirá haciendo apuestas a pesar de las consecuencias negativas en su vida, porque está convencido de que “le toca ganar” o que una máquina específica “debe pagar”.
La Falacia del Jugador:
Esto nos lleva a la Falacia del Jugador. Comienza con la idea equivocada de que las probabilidades de algo con una probabilidad fija (juegos de azar) aumentan o disminuyen según eventos recientes.
Los jugadores compulsivos quedan atrapados en estos pensamientos equivocados y no pueden alejarse del juego, incluso experimentando consecuencias negativas en la vida, como dificultades para pagar las cuentas, problemas en las relaciones, problemas en el trabajo o la escuela, y dificultades de salud mental como ansiedad y depresión. Siguen creyendo que la apuesta que cambiará su vida está a la vuelta de la esquina, sin reconocer cómo el problema de juego contribuye a esas dificultades.
Esta falacia tiene raíces profundas. Aquí hay dos formas en que nos enseñaron de niños a entender algo:
Causa y Efecto:
Un niño aprende en la escuela primaria que si golpea un clavo en la cabeza y entra, entonces “yo” lo causé. No hace falta decir que “causa y efecto” es una comprensión que trasciende muchos aspectos de la vida, pero la tentación de aplicarlo al juego es peligrosa. ¡El jugador no tiene control sobre el resultado! Puedes ver esto en el casino en forma de “rituales”, donde el jugador podría dar tres vueltas antes de presionar el botón “girar” en una máquina tragamonedas. Creen que sus acciones son una “causa” del “efecto” deseado (una victoria).
Pauta:
Los niños aprenden patrones en 3º o 4º grado, porque tiene muchos usos prácticos a lo largo de la vida.
Reconoce el patrón: 2, 4, 6, ____. ¿Cuál sería el siguiente número?
Dado el patrón de rojo, negro, rojo, negro… ¿qué viene después?
Nuevamente, tratar de aplicar un patrón para predecir un resultado de juego, que se basa en el azar, no será más confiable que adivinar. Puedes ver esto en tu establecimiento cuando los clientes hacen apuestas más altas después de un “casi acierto” (donde su pérdida parece muy cerca de una gran victoria): creen que esto significa que el patrón de la máquina tragamonedas, cartas o carreras está a su favor. En realidad, su pérdida “casi acertada” fue tan probable como cualquier otra pérdida.
¿Y vencer las probabilidades? “Vencer las probabilidades” es un nombre equivocado, porque las probabilidades son simplemente una proporción que expresa la probabilidad de un resultado (como ganar) en comparación con otro (como perder). Ninguna apuesta puede “vencer las probabilidades”, porque cada apuesta y cada resultado (cada victoria y cada derrota) existe DENTRO de las probabilidades. En otras palabras, ¡esto es solo otra falacia!
Independientemente de lo que esté sucediendo en la mente de alguien que sufre de adicción al juego, lo más importante es saber que la ayuda y la esperanza están disponibles las 24 horas, 7 días a la semana, llamando o enviando un mensaje de texto a la Línea de Ayuda 888-ADMIT-IT. El chat en vivo y la información también están disponibles en cualquier momento a través del sitio web gamblinghelp.org del FCCG.
The recent entry by CEGO, an acclaimed Danish casino operator into the dog-eat-dog UK gambling market, is drawing attention in the fast-moving iGaming arena. CEGO is renowned for its innovative approach and commitment to providing players with the best gaming experiences, which means that it has a mission of bringing something new to this country’s landscape. This article explores CEGO’s history and development, describes the distinctive qualities of its products, and assesses whether it will be successful in saturating a competitive British casino market.
CEGO’s Evolution and Success
CEGO is a company in the gaming business with quite an epic history characterized by its zeal to supply excellent and entertaining casino skills. Its inception was the start of a journey that quickly brought the company into prominence as one of Denmark’s top gaming companies. Adaptability and innovation have marked the success of CEGO, enabling it to expand in sync with the changing gaming landscape.
CEGO operates predominantly through its subsidiary, Spilnu.dk; the name has become associated with quality in Denmark’s market. Spilnu.dk is a popular online casino that has the widest selection of games, ranging from slots to table and bingo games among others. Since then, Spilnu.dk has become one of the leading casino platforms in Denmark due to its phenomenal success within the Danish market embrace. Capitalizing on this domestic victory, CEGO has set its sails toward the UK market with an aim to reproduce some of the Danish successes by taking a bit of a different and creative approach.
Embracing Casual Gaming: A Distinctive Approach
CEGO has a unique position in the highly competitive UK casino environment due to its commitment to casual gaming. CEGO, unlike traditional casino operators, who focus on high-stakes gamblers, understands the increase in demand for easy and entertaining gaming. This strategic transformation is perfectly consistent with the growing needs of modern gamers, who more and more often want to get much better than just financial benefits out of their gaming activities.
Casual gaming is characterized by its availability and the entertainment value that it offers; therefore, these games give players an opportunity to share a moment of relaxation without having to worry about lost stakes. CEGO is set to target this exploding demand by making an entry into the UK market with a full array of casual games that will cater effectively. By identifying the desire to have a less formal gaming experience, CEGO plans on producing an audience that is relevant and appealing to more people.
The Allure of Exclusive Slot Titles
One of the key things that stands out in CEGO’s debut within the UK is its portfolio dedicated to the exclusive collection of slot titles. In a market filled with choices, CEGO’s unique slots are carefully tailored to an exceptional gaming experience that is noticed in the overcrowded store. CEGO targets exclusivity to appeal to the imagination of slot fans looking for new and thrilling content.
CEGO’s unique slots range from a variety of themes, all boasting engaging graphics and engrossing gameplay. Each title is carefully manufactured to match people of different social spheres, so each player will be able to find a game that fits perfectly into higher tastes and preferences. This vow towards diversity and uniqueness is bound to become a vital card in CEGO’s attempt at success within the UK market.
Navigating the Competitive Landscape
One of the most competitive industries in the world is undoubtedly that of Britain’s casino market. Its landscape is filled with many established operators and a strong regulator that assures fairness and transparency. However, CEGO’s innovative approach and its successful implementation in Denmark speak volumes about the company entering into the UK market.
The UK Gambling Commission, the governing body that regulates gambling within the country’s gaming industry, is strict on fairness and transparency issues. Therefore, CEGO’s market entry is supported by the commitment to ensure responsible gaming and player protection. Being in this difficult situation, the company stands as a credible player due to its distinct offerings and commitment to ethical gaming practices.
Gaining Foothold in the UK
CEGO’s early developments into the UK market are still unfolding, but so far signs show that it is gaining ground. CEGO’s focus on casual gaming and its launch of new exclusive slot titles create a unique niche, positioning it to excel in the British casino industry. The strategy of this company fits current trends in tastes and interests for today’s players who, more often nowadays combine gameplay with traditional gambling.
CEGO’s activities in the UK begin with strategic alliances, marketing plans, and a substantial push to create brand awareness. As players start wading into the unique offerings and enjoy a casual gaming experience, CEGO aims to consolidate its presence while establishing a loyal consumer base. This dedication of the company to provide a fresh and innovative gaming experience speaks volumes about its determination to make itself a player in the competitive UK market.
CEGO’s presence grows stronger in the UK market, commitment to innovative entertainment and delivering unique gaming experiences will play a critical role in doing business in this area. The UK casino environment is very competitive, but it also has great potential for growth. Having a sound game plan and a strong emphasis on providing experiences that will comply with the players’ desires, CEGO can make its way as an important figure in the British casino scene.
Final Thoughts
CEGO’s entry into the UK market can be seen as a bold step by an incredibly successful Danish casino operator. Adapting a unique strategy focused on casual gaming and specialized slot titles, CEGO is set to revolutionize the way UK players engage in casino games. So, as the outline of CEGO’s UK venture unravels itself, it is an enterprise that guides assertive attention to its future movements and achievements.
The merger of Danish charms and British iGaming presentation might as well become a turning point for the industry, with CEGO leading in this direction by offering UK gambling something new. So, with the company providing a fresh, entertaining, and diverse gaming experience in an already bustling sector of the marketplace it is anyone’s guess how far CEGO will go towards revolutionizing casino fun in Britain. As players accept the charm of unique slot titles and join in on the journey towards the casual gaming revolution, CEGO’s escapade within the UK is bound to be a thrilling yet possible fixative phase in The Writing Of iGaming.
It is important to understand how we think and process situations, how we were taught to solve problems as children, and how that impacts our decision making when it comes to gambling. You may have heard the term “fallacy”, which is defined as “a failure in reasoning, which renders an argument invalid.” People suffering from problem gambling often believe one or more gambling fallacies, for example “The Illusion of Control”, “The Hot Hand Fallacy”, and “The Gamblers Fallacy” (also known as the Monte-Carlo Fallacy). These have a huge impact when it comes to gambling and the driving force that can become compulsive gambling.
The Illusion of Control and the Hot Hand Fallacy
Take a moment to reflect on the definition of gambling: any time you bet money or RISK something of value on an event of UNCERTAIN OUTCOME, you are gambling. Nonetheless, many gamblers believe they can influence games that have completely random outcomes. Some forms of gambling are designed around this fallacy by providing the gambler with choices, for instance the opportunity to pick your numbers for the next lottery drawing or use random numbers generated by the computer (“quick pick”). It doesn’t matter if the gambler spends an hour deciding which numbers to play or one second telling the clerk that they want the “quick pick”: this has no impact on his or her chances of winning! Likewise, a gambler chooses one slot machine over the others on the casino floor, and this could be for a variety of reasons – they saw someone win a jackpot at that machine, the machine features a theme that resonates with them, they played that machine last time they came to the casino, the machine is their favorite color, and so on – none of which has any impact on their chances of winning. As such, one cannot become an “expert” or “professional” with these types of games in the way one might at a game of skill like chess or golf.
For the casual/social gambler who is not experiencing problems, this can be part of the mystique and what makes gambling entertaining, but for those who are experiencing problems or are at risk, the Illusion of Control and thinking that a jackpot is just around the corner can keep them gambling despite experiencing negative consequences. Another related gambling fallacy is the “Hot Hand Fallacy”, which characterizes the mistaken belief that a prior win will lead to future wins. For instance, a gambler might wrongly believe a slot machine which produced a jackpot recently is more likely than the machines next to it to produce a jackpot when he or she plays it. While on the casino floor, you might hear patrons say things like the following, which are all based on fallacies:
“If I get my favorite machine, I can win.”
“I know how this game works – I can beat it.”
“This machine is hot!”
Many of the thoughts that lead to problem gambling are related to incorrect underlying beliefs, a lack of understanding about how the games work, and not knowing the odds. It is not hard to imagine how someone who believes they are “due to win” might start to have the thought that gambling is a way to solve financial problems. This belief is often (but not always) related to having experienced a “big win” early in their gambling history. Because it has happened before, they overestimate the likelihood that a big win will occur again. It is positively reinforced when the person sees the flashing lights and hears the characteristic sounds of someone else winning at the slot machine down the row from them or sees news about someone winning the multi-million-dollar lottery jackpot on TV or social media.
Winning is noisy, but losing tends to be silent. We rarely hear about it.
A second misconception about gambling concerns the failure to understand the independence of random events. A common myth is that if you play long enough, you will win, or that a jackpot is just one wager away. But in truth, separate plays or wagers have absolutely no relationship to one another.
For example, if you flip a coin once, your chance of getting tails is 50%, and your chance of getting heads is 50% – there are two possible outcomes, and they are equally likely. The second time you flip a coin, the chances of heads and tails are the same: 50:50. The result of each individual toss has no relationship to any other toss. The coin does not have a memory. A run of heads does not mean tails is more likely on the next toss. The same is true with slot machines and other forms of gambling. However, someone suffering from problem gambling will continue to make bets despite negative life consequences, because they are convinced it is “my turn to win” or that a specific machine is “due to pay out.”
The Gambler’s Fallacy:
This brings us to The Gambler’s Fallacy. It begins with the mistaken idea that odds for something with a fixed probability (games of chance) increase or decrease based upon recent occurrences.
Problem gamblers get stuck in these mistaken thoughts and can’t walk away from gambling, even while experiencing negative life consequences like difficulty paying bills, relationship problems, problems at work or school, and mental health difficulties like anxiety and depression. They continue to believe that the life-changing bet that can fix all of their life problems is just around the corner, without recognizing how the gambling problem is contributing to those struggles.
This fallacy has deep roots. Here are two ways we were taught as children to figure something out:
1. Cause and Effect:
A child learns in grade school that if he or she hits a nail on the head and it goes in, then “I” caused it to happen. Needless to say, “cause and effect” is an understanding that transcends through many aspects of life, but the temptation to apply it to gambling is dangerous. The gambler does not have control over the outcome! You may see this on the casino floor in the form of “rituals”, where the gambler might spin around three times before pressing the “spin” button on a slot machine. They believe their actions are a “cause” for the desired “effect” (a win).
2. Patterning:
Children learn patterning in 3rd or 4th grade, because it has many practical uses throughout life.
Recognize the pattern – 2, 4, 6, ____. What would be the next number?
Given the pattern of red, black, red, black…what comes next?
Here again, trying to apply a pattern to predict a gambling outcome, which is rooted in random chance, won’t be any more reliable than taking a guess. You might see this in your facility when patrons make increased bets following a “near miss” (where their loss appears very close to a big win) – they believe that this means the pattern of the slot machine, cards, or racing is in their favor. In reality, their “near miss” loss was just as likely as any other loss.
What about beating the odds? “Beating the odds” is a misnomer, because the odds are simply a ratio expressing the probability one outcome (like winning) compared to another (like losing). No one bet can “beat the odds”, because every bet and every outcome (every win and every loss) exists WITHIN the odds. In other words, this is just another fallacy!
Regardless of what may be happening in the mind of someone suffering from gambling addiction, the most important thing is to know that help and hope are available 24/7 by calling or texting the 888-ADMIT-IT HelpLine. Live chat and information are also available around the clock through the FCCG’s gamblinghelp.org website.
The post Why No One Can “Beat the Odds” first appeared on The Florida Council on Compulsive Gambling, Inc.
MGE Niagara Entertainment Inc. must pay a fine of CAD$70,000 ($51,800) after failing to check an individual who brought in CAD$80,000 ($59,200) in cash to a casino.
presented the money in $100 bills inside a recyclable bag
Last April, the person entered the Fallsview Casino Resort in Canada and went to the Salon Privé where they presented the money in $100 bills inside a recyclable bag. According to surveillance, once the money was counted and confirmed, the patron left with the casino chips without playing.
The Alcohol and Gaming Commission of Ontario (AGCO) issued a penalty to the casino’s operator for failling to meet anti-money laundering (AML) requirements.
According to the commission, even though the individual was labeled “high risk,” onsite police and the AGCO wasn’t made aware of the transaction. Under AML rules, the operator was required to check the source of the person’s funds; however, this wasn’t done.
CTV has reported that “billions of dollars” are laundered through Canada’s casinos.
The post Ontario Casino Failed to Check Patron Who Brought CA$80,000 in a Bag appeared first on Vegas Slots Online News.
Once you read this blog post, you will see that sending money from GCash to PayPal in the Philippines is just as easy as the reverse option. We will teach you the simple steps you need to follow in both cases and answer several essential questions about those money transfers.
PayPal & GCash eWallets in the Philippines
Filipinos choosing PayPal to GCash money transactions is based on the eWallets’ convenience, reliability, and speed. Before we go into details about the processes of sending cash from PayPal to GCash in the Philippines, see why those options are so popular:
💵 PayPal
💰 GCash
🎂 Founded 1998
🎂 Founded 2004
🗺️ Available in 250+ Countries Worldwide
🇵🇭 Available in the Philippines
💱 25+ Currencies
💱 Philippine Peso (Php)
🏢 Authorized and supervised the Commission de Surveillance du Secteur Financier, Luxemburg.
🏦 Regulated by Bangko Sentral ng Pilipinas (BSP), Philippines
🥳 320+ Million Users
🥳 60+ Million Users
🧐 7+ Million Merchants
🧐 4.5+ Million Merchants
Even this brief presentation shows that GCash to PayPal and PayPal to GCash funds transactions are extremely popular. It is known that GCash is one of the Filipino players’ top choices because of the multiple online PH casinos and vendors using this payment option.
When we combine this with PayPal’s renowned worldwide services, it becomes clear why most gamblers at the best online casino in the Philippines using GCash link those two payment methods. In the next sections of the blog post, we will describe how to transfer money both ways.
PayPal to GCash in the Philippines
This eWallet transfer service is extremely popular among players at the best real money online casinos in the Philippines. It allows Filipinos to focus on their gaming strategies and forget their worries about complex and slow transactions.
Connecting PayPal to GCash for Filipinos is one of the easiest things, and you can do it in a few minutes. It can be done at any time. The first step is to create PayPal and GCash accounts and log in to the apps or eWallets’ websites.
The connection can be created both ways – from GCash to PayPal and reverse. Let’s say you choose to enter PayPal and connect it to GCash. Enter your PayPal account and follow the steps in the ‘How to Transfer Money from PayPal to GCash’ section.
There are two ways to make transactions from PayPal to GCash in the PH – via PayPal and PayPal.Me. Both are accepted by the top online vendors and the best online casinos in the Philippines. Here is how to send money from PayPal to GCash via website or app:
💰 PayPal:open both applications and return to your PayPal account to tap on Send or Payments to start a transfer.
🤑 GCash:choose GCash from the payment options
🤠 Recipient’s Info:enter the recipient’s name, email, phone number, and other details required on the screen.
💎 Amount:choose the amount and the currency.
🆗 Approve Transfer:check the information and approve transfer.
As you can see, there is nothing complicated, and anyone can learn how to transfer PayPal to GCash in the PH. Suppose you choose to send money from PayPal to GCash. In that case, you can easily continue the money transfer to any licensed gambling site, including the best mobile casinos in the Philippines.
Why Filipinos Choose PayPal to GCash Transfer?
Knowing why Philippine players prefer PayPal transactions makes it easier to remember how to transfer PayPal to GCash. Below, you can see a list of the essential parameters taken under consideration before a money transfer from PayPal to another payment system like GCash:
✔️ Services:buy, sell, get paid, buy/sell on eBay.
🌡️ Transaction Limits:verified accounts have no transaction limits.
💵 Currencies:25+ currencies worldwide (US Dollar, Euro, Philippine Pesso, Russian Ruble, Swedish Krona, and more).
💱 Currency Conversions:instant and within PayPal services.
⌚ Speed:instant transfer, but depending on the other transfer method, it may take a couple of hours or even days.
💯 Reliability:licensed and proven over time as reliable and safe.
🗺️ Availability:PayPal is available worldwide.
💸 Fees:money transfer and conversion fees are determined by the type of transfer and currencies.
The list is proof of PayPal’s excellent qualities as a payment method and why millions of people choose it daily. The PayPal to GCash transfer fee for Filipinos is quite affordable when funding gaming accounts at top PH online casinos.
Money Transactions from GCash to PayPal in the PH
Now that you know how to transfer from PayPal into a GCash account, it is time to learn how GCash to PayPal transfers work. The benefits of using GCash are well-known to Filipinos. If you are yet to discover this money transfer option, here is how to cash into PayPal with GCash:
💰 GCash:open both applications and tap Cash in the GCash app.
🤑 PayPal:select PayPal from the Global Partners and Remittance list.
🤠 Recipient Info:check or fill in the recipient’s information.
💎 Amount:enter the amount you wish to transfer between PayPal’s minimum and maximum limits – ₱500 to ₱100,000.
🆗 Approve Transfer:check the information on the screen and confirm the transfer.
PayPal users receive a notification when funds arrive in the account. Usually, the transactions are instantly processed, but it is possible to have a 24–48-hour delay. If you have not converted the currencies, enter your PayPal account and do so.
Filipinos use GCash to PayPal transfers for all kinds of money transactions and online payments. After the funds are in the PayPal account, you can save them, buy things, pay bills, or gamble online by depositing at the best high roller online casinos in the Philippines.
FAQ
Many questions arise when we explore the transfers from PayPal to GCash in the Philippines. We collected and answered several essential inquiries to support the thesis that this is one of the top money transaction options for Filipino players at online casinos.
Are PayPal to GCash transfers popular in the Philippines?
We can immediately say that many Filipinos use PayPal to GCash transfers during online purchases or for depositing at popular gambling sites in the Philippines. The excellent qualities of those top-rated eWallets are on display when we refer to fast and secure transactions.
Do Filipinos use PayPal to GCash transfers?
Knowing how to transfer PayPal to GCash in the Philippines is one of the easiest things to learn. The simplicity and time-saving quality of that money transfer solution are highly valued in modern daily life. One of the top features of the PayPal to GCash transactions is that they can be done via the website and native app.
How to send money from GCash to PayPal in the PH?
Sending money to GCash from PayPal is just as easy as the opposite transfer from GCash to PayPal. Filipinos need to follow the steps on the screen to move cash between accounts. The freedom of having full control over your finances and using them within minutes to deposit and play is incredibly convenient.
How to transfer money from PayPal to GCash in the Philippines?
Learning why to transfer money from PayPal to GCash in the PH is very easy. All you need to do is have accounts in both eWallets and follow the instructions on the screen. The transfer steps are comprehensive, and the funds appear in the recipient’s account.
Why Filipino players transfer money from PayPal to GCash?
One of the most frequently asked questions we encounter is why Filipinos transfer between PayPal and GCash. The answer lies in the convenience, speed, safety, and availability of those payment methods. The only thing you need to know is how to link PayPal to GCash in the PH and how to transfer cash.
A high stakes poker player who allegedly ran an illegal slot machine facility in California is facing more than 142,000 pages of evidence against him. Gal Yifrach was first charged in 2022; his status conference will take place on March 4 of this year. It was originally slated for January 8 before both legal teams agreed to the change in date to allow the defense to go through the extensive evidence documents and prepare for a trial.
evidence reportedly includes recordings and documents
This evidence reportedly includes recordings and documents relating to the seizure of electronic devices. Yifrach allegedly ran an illegal gambling operation that was “supplying, operating, and maintaining video slot machines and devices” before laundering the profits.
No escaping the authorities
One of the strategies for cleaning the money was to buy chips from people for a legitimate casino in Bell Gardens, California and then exchange them for checks at the property. He would deposit the checks in his bank account and then use the funds to purchase real estate.
authorities were listening in on Yifrach’s calls and messages
On one occasion, he allegedly swapped more than $200,000 worth of chips at the casino for checks. The authorities were listening in on Yifrach’s calls and messages, often observing communications about the cleaning of money between Yifrach and his co-defendants.
Significant potential punishment
Yifrach faces charges related to the running of an illegal gambling operation and conspiracy to commit money laundering. He faces as many as 25 years in federal prison and $750,000 in fines. The illegal slots business allegedly ran from January 2018 to January 2022, with three other people also charged in the case.
Yifrach was a successful poker player, cashing for over $1.5m at World Series of Poker events during his lifetime and winning a bracelet in 2018. He often appeared on the “Live at the Bike!” poker streaming show.
In the original forfeiture complaint, the government was looking to take nearly $320,000 in cash and about 4.25 bitcoin from Yifrach, which amounts to $170,296 at today’s market price for the cryptocurrency. While the authorities originally deemed Yifrach to be a flight risk, he is now out on bond.
The post High Stakes Poker Player Faces Truckload of Evidence of Illegal Slots Business, Money Laundering appeared first on Vegas Slots Online News.
