
Originally Posted by
GaryWatson
I would love to be in the position that a site needs to pay me in installments but it seems wrong for anything under 100k.
The internet is pretty volatile & I wouldnt expect a site to be around forever. I would be concerned about them changing names (Under New Management).
I can understand it with the National Lottery but they have National backing. A corner shop website doesnt fill me with confidence. Sites like William Hills & Ladbrokes are the only sites I would feel relatively safe with these rules as they have been around well before I was born & have a solid reputation.
Some sites are skanking people for $50 bonus money and closing accounts when they feel like it. They have a long way to go before they can impose a rule like this which relies on trust. Sites that use this rule should be avoided. If they can accept the bet, they should pay on request, otherwise they are gambling their future on your winnings.
Anything could happen. Another .com crash, a recession, over budgeting & going bust, a slight change in gambling laws.
Quite, XXLClub was pretty much crippled by a change in Russian gambling laws, and the effects were felt by players, and this included long delays to payments for some, and for others, accusations of "fraud" coming almost out of the blue some months later to explain non-payment.
A bigger issue was UIGEA, as this meant that pretty much overnight the ability to pay by certain methods vanished, and those US players who were still waiting for their funds had big problems. There have been a number of such "no notice changes" throughout the world, the first was to hit Canada when Neteller pulled out, leaving those players who had not already withdrawn their casino balances having to sort out another way to get them.
Even if a casino is reliable enough to honour partial payments, there can still be problems because of changes that are happening elsewhere.
RTG casinos seem particularly fond of partial payments, often at a very low rate. Big casino groups do not seem to have a problem with paying in full.
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