What’s the go with casinos only paying a small portion of winnings every 7 business days

[scratcha]

Well I won $4000 usd at a casino and they didn’t allow me to submit 2 withdrawal request so in could only do $2000 usd and I ended up playing with other $2000 and got it up to over $4000 but just what the casino wanted I lost it all haha. So my $2000 usd got approved and all was good till I read the email and they only paid me $250 usd and returned the $1750 into my player account (but I went and requested a$1750 withdrawal  straightaway). so it’s going to take over 10 weeks (16th April) to get my $2000 paid to me. 
have u come across this rubbish b4?? 

[cocopop3011]

11 hours ago, scratcha said:

Well I won $4000 usd at a casino and they didn’t allow me to submit 2 withdrawal request so in could only do $2000 usd and I ended up playing with other $2000 and got it up to over $4000 but just what the casino wanted I Lost it all haha. So my $2000 usd got approved and all was good till I read the email and they only paid me $250 usd and returned the $1750 into my player account (but I went and requested a$1750 withdrawal  straightaway). so it’s going to take over 10 weeks (16th April) to get my $2000 paid to me. 
have u come across this rubbish b4?? 

It's perfectly normal for a casino to have withdrawal limits, I assume you didn't check this first?  Which casino is it so we can check their terms?

[pinnit2015]

Very few good casinos will have such low limits, or any limits. 

There's a guy elsewhere who won 160k odd and Leo vegas paid him in full, as do places like Rizk with no limits. 

Unless you're in some country with a limited choice, avoid such places. But given it's USD you may be at their mercy. 

[blondie]

I believe it's due to their cash flow, to secure a risk of someone else winning big too and then not able to paying it out. Of course, not the best practice from players' point of view, but it's usually stated in casino terms so if I was someone playing jackpots or higher stakes, I would pay attention to that before playing. And of course, returning the money to your account is because they hope that you'll lose at least a part of it before requesting the next withdrawal.

[copyyy]

18 hours ago, cocopop3011 said:

It's perfectly normal for a casino to have withdrawal limits, I assume you didn't check this first?  Which casino is it so we can check their terms?

It is perfectly normal for a casino to have withdrawal limits, but 10weeks for 2000$ is that even real? I would like to see some proof of that @scratcha. If so there is a 50% chance that most of the people will just lose the money on that casino as they even return cash to a player account hoping for it to happen?

[cocopop3011]

2 hours ago, copyyy said:

It is perfectly normal for a casino to have withdrawal limits, but 10weeks for 2000$ is that even real? I would like to see some proof of that @scratcha. If so there is a 50% chance that most of the people will just lose the money on that casino as they even return cash to a player account hoping for it to happen?

What it takes is just a bit of determination not to spend the winnings. I don't think I ever would but I could look at the bigger picture and what I could do with the money once it is all paid out. But of course we're all different and indeed there are a lot of people just would just lose it rather than wait.

[pinnit2015]

43 minutes ago, cocopop3011 said:

What it takes is just a bit of determination not to spend the winnings. I don't think I ever would but I could look at the bigger picture and what I could do with the money once it is all paid out. But of course we're all different and indeed there are a lot of people just would just lose it rather than wait.

Also, if UK, wonder if such a low limit would foul of 'unreasonable' restrictions on withdrawals.

Dunno who the casino is but this is why i'd not sleep if i won a large amount at say some of the white labels knocking about. 

Unless you've no option the best thing is not to play at such places. 

[cocopop3011]

1 hour ago, pinnit2015 said:

Also, if UK, wonder if such a low limit would foul of 'unreasonable' restrictions on withdrawals.

Dunno who the casino is but this is why i'd not sleep if i won a large amount at say some of the white labels knocking about. 

Unless you've no option the best thing is not to play at such places. 

Gotta be some dosgy withdrawal with thise limits! @scratcha You going to tell us?

[ValDes]

Not surprised at all, after all we talk about casino belonging to a group which is notorious with issues referring to extremely delayed payments and all the various tricks of the sort...  

Palace of Chance Casino - 72 days and still withdrawal not paid

[scratcha]

22 hours ago, copyyy said:

It is perfectly normal for a casino to have withdrawal limits, but 10weeks for 2000$ is that even real? I would like to see some proof of that @scratcha. If so there is a 50% chance that most of the people will just lose the money on that casino as they even return cash to a player account hoping for it to happen?

It’s exclusive casino and it says that it’s $2000 withdrawal limit per week??? And I live in Australia 

[scratcha]

16 hours ago, cocopop3011 said:

Gotta be some dosgy withdrawal with thise limits! @scratcha You going to tell us?

Sorry I haven’t got any notification so I didn’t think it had been published in this forum chat. But it’s Exclusive casino. 

[scratcha]

22 hours ago, copyyy said:

It is perfectly normal for a casino to have withdrawal limits, but 10weeks for 2000$ is that even real? I would like to see some proof of that @scratcha. If so there is a 50% chance that most of the people will just lose the money on that casino as they even return cash to a player account hoping for it to happen?

Yes I have no argument with having a withdrawal limit of $2000 or most casinos is $2500 but come on $250 of my $2000 win is pulling my leg 

[scratcha]

19 hours ago, cocopop3011 said:

What it takes is just a bit of determination not to spend the winnings. I don't think I ever would but I could look at the bigger picture and what I could do with the money once it is all paid out. But of course we're all different and indeed there are a lot of people just would just lose it rather than wait.

Yeah no iv got no reason to go and cancel my withdrawal to try win more or anything I’m a stubborn person when it comes to this kinda thing I’ll 110% not use the money just to prove a point. 

[scratcha]

So maybe possible to start a complaint cause that 10 weeks I calculated was @ $250 every 7 business days but I’m not sure if they going to make it the 4 + 7 business days for each $250 withdrawal 

[pinnit2015]

What is it with these casinos that tag themselves as ‘Exclusive’ who have awful terms. Posh casino was an exclusive, invitation only, who paid you every 12 weeks and this one pays 250 a week?

Oh man. 
 

That’s such a vague term they’d probably chance their arm and send you a dollar a month if you won a jackpot.

[Flatzem]

1 hour ago, scratcha said:

It’s exclusive casino and it says that it’s $2000 withdrawal limit per week??? And I live in Australia 

had a look at stats for land based pokies/slots in Australia and shows that Aussies are losing about 12 billion AUD a year to pokies but no surprise when you look at what the RTP is set at, Australian jurisdictions prescribe a range of minimum RTP. In clubs and pubs in NSW, Victoria, Tasmania, Queensland and the Northern Territory, minimum RTP is set at 85%. In the ACT, minimum RTP is 87%, and in South Australia it is 87.5%. EGMs in casinos generally have a higher minimum RTP (reflecting their greater turnover and higher bet limits) and you can bet your real money wagers the majority of operators would stick to this - offering a higher RTP would simply reduce their profits.

[copyyy]

I'll rather go to a landbased casino and play on lowest RTP possible then to go on "Exclusive" Realtime Gaming casinos that have worst terms in the world, dunno how are they even getting away with it.

There are some decent RTG casinos but 90% of them are just a joke.

[scratcha]

7 hours ago, copyyy said:

I'll rather go to a landbased casino and play on lowest RTP possible then to go on "Exclusive" Realtime Gaming casinos that have worst terms in the world, dunno how are they even getting away with it.

There are some decent Real Time Gaming casinos but 90% of them are just a joke.

Yeah true rtg are my preferred games and apparently a couple of the casinos have classed me as a “SKILLED” pokie player lmfao is there even such a thing?? pokies are suppose to be random wins and  losses I thought 

[cocopop3011]

So have you actually checked with them now to get the exact installment plan? Our page here states $5000 per week for withdrawal limits, this must be down to account status then? 

[Jokersun]

I sometimes play casino. 

[scratcha]

On 2/11/2020 at 3:22 AM, pinnit2015 said:

What is it with these casinos that tag themselves as ‘Exclusive’ who have awful terms. Posh casino was an exclusive, invitation only, who paid you every 12 weeks and this one pays 250 a week?

Oh man. 
 

That’s such a vague term they’d probably chance their arm and send you a dollar a month if you won a jackpot.

Lol I play at posh casino and have for a couple of years and they are a good casino when they are infront but once I won like $7000 Aud On one account and $2500 usd or $3800 Aud on my other account they took all my comp points which was thousands = to a few hundred bucks and all of my bonus’s away from me. But I still deposit $50 a month there so I receive the free posh pride chip of $200-300. And if you keep annoying your host or just live chat about your withdrawal times I found it was paid a lot quicker.