Jackpot247

Jackpot247

"Rogue progressive payout terms"

Last Updated: Apr 16, 2020 - by
Rogue Casino
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Jackpot247
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Jackpot247

"Rogue progressive payout terms"

Accepted

Pros

  • Nothing

Cons

  • Will steal your winnings if you hit a progressive jackpot

Overview

First Impression

Please note: Jackpot247 Casino and all UKGC Casinos no longer accept credit cards.

 

Jackpots247 is a rogue casino. They have terms for their progressive wins that are designed to make players pay back their winnings. Progressive jackpots come directly from the casino software supplier (Playtech) and do not belong to the casino.

From their terms:

11.14.. In addition to the Agreement set out above, the following terms and conditions apply each time You play, or attempt to play, a Game with a progressive jackpot:

We or our Game suppliers or sub-contractors may increase or decrease a progressive jackpot at any time at Our or their absolute discretion.

If You win a progressive jackpot, We reserve the right to, provided all these terms and conditions and all the Website’s terms and conditions have been observed, pay or procure the payment of the prize money to You in equal monthly instalments of £10,000. In lieu of the monthly payments, a progressive jackpot winner may be offered the option of selecting a reduced lump sum amount based on the present value of the future payments.

That term is predatory and unethical. There is no reason whatsoever to pay monthly instalments (sic) of £10,000, unless the casino operators want the player to play back his or her winnings. To say that the player can have a reduced amount is no less than theft – and the honest Playtech operators should be livid about these casinos confiscating funds that are from a pooled source.

There is a thieving precedence set here: Playtech Progressive Win Scandal

I have also lost faith in the UKGC and Alderney doing their due diligence. These licensing jurisdictions are .

NetPlay TV Group Ltd are licensed and regulated by:
Gambling Commission (GB) for customers from the United Kingdom. Licence No. 000-039144-R-319406-005

Deposit & Withdrawal

Accepted currencies:
EUR GBP USD
Deposit Methods:
MasterCard Neteller Skrill Visa
Withdrawal Methods:
Neteller Skrill Visa
Cashout time
N/A
Reverse time
N/A
Weekend Cashouts
No
Payout Limits
N/A
Lock Withdrawals
No

Mobile Experience

Responsive

Yes, if you want to be ripped off by this casino – play their mobile games.

  • iPhone
  • IPad
  • Android
  • Windows Phone

General Information

Founded
2010
Accredited
Nope
Publicly traded
Mobile
No Deposit Bonus
Affiliate program
NetplayAffiliates
Live Games
Jackpots
Loyalty program
Certified
Casino Reps
Review Published
Website
jackpot247.com
Licensing Jurisdiction
Other products
Supported languages
Authorized Countries
Country Restrictions
Phone contact

Free phone in the UK –

08000 147 523

Phone – 0203 727 3931

User Comments and Experiences

Casinomeister's Verdict

Bryans Verdict
Rogue Casino

Hands down – this is a rogue casino. Unfortunately, most players are oblivious to their unethical terms for their progressive jackpots. Most players don’t read or understand what it means for a casino to piece-meal winnings that may exceed several million Euros over decades. Avoid this casino at all costs.

Rating

1/10

Forum threads

CM Shield
Started by Casinomeister, 7 years ago
89
124339
Last post by Radiowave
3 years ago
Do NOT follow this link or you will be banned from the site!