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Originally Posted by vinylweatherman
I would like Bryan to consider not accepting casinos that have these little "traps" buried in their T & C that seek to discriminate against honest players. I don't think this 5% is applied just to winners, it adds another 5% to the house edge on withdrawal, and this dwarfs the house edge on most of the non-slot games. I am wary of any outfits that seek to treat the Pound in this manner, for whatever reason.
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A lot of casinos prohibit folks from playing in GBP unless they are GB residents. That is because bonus hunters use GBP to get a larger bonus.
If I understand it correctly, Main Street is actually allowing anyone to use GBP, which is pretty nice of them in this day.
Since the 5% is applied only to withdrawals, that does not add 5% to the house edge unless you cashed in an amount larger than your total wagers. In most cases (where a player wagers a large amount in proportion to the cash-in), the house edge is affected by a much smaller amount.