Casino Owners/Managers lost in space

[vinylweatherman]

One big reason for withdrawing quickly and redepositing at the same casino is to be found in the way promotions are structured. Most casinos reward fresh money with bonuses, but leaving money on account rather than withdrawing it is not rewarded.
Another reason is down to money management, making a fresh deposit is more meaningful than continuing to play with cash on account. The mere act of making a deposit feels like spending your own money, rather than winnings. I expect many players will play differently with different amounts in the account. I can certainly say that I do. When I have had big hits, I have tended to push it and increase the size of my bets. While this can make a good run great, it can also lead to losing more than I would have done had I cashed out the lot and redeposited my usual amount. Naturally, this does nothing for the casino, that would prefer you to play on rather than withdraw just yet.
With Casino Action, only £2000 can come out instantly, so when I won that £8000 on Thunderstruck over Christmas, I played on with the £6000 left behind. Had I been forced to wait, I would have withdrawn the whole £8000 and not played any part of it anywhere for a couple of days. if the casino took a week, it would have been a week before I played anywhere. Peversely in this case, the casino benefited by allowing me to withdraw portions instantly, rather than the whole lot at once with a wait - they got play from what I had left for a few days while I withdrew £2000 on subsequent days, as well as losing some back in the end.

[EasyRhino]

I also don't play at a casino again until I actually receive the funds requested. I do this mainly to limit risk, I play at a lot of different joints, and while the risk from the games is known, the casino accounting departments and e-wallets are totally unknown. In fact, my biggest lost so far has been from Neteller (where i can't withdraw my funds).

However, I think VWM is right, most casinos, most of the time, will get more from most customers by having a lengthy 'pending' period for withdrawals where they can be reversed.

However, for those casinos where the withdrawal cannot be reversed, but still take forever to pay... well that's just incompetent. It might help their cash flow short term, but it doesn't help repeat business from the gamblers who are waiting for that cashout.

[Chill]

However, I think VWM is right, most casinos, most of the time, will get more from most customers by having a lengthy 'pending' period for withdrawals where they can be reversed.

I did point out that the cash is flushed so it can't be reversed or lost back.