Casino Cubed strange WD limits

[XSX]

Was just checking new casinos on CM (baptism by fire) and was interested in Casino Cubed. Checked their banking page and found pretty strange WD limits.
500 usd/day
1000 usd/week
and 4000usd/month

I'm pretty happy with 4k/month, but 500usd/day and 1k/week just wrong. What is your opinion?

 

[chuchu59]

There is nothing right or wrong with withdrawal limits but with the limit at $4K per month why should there still be a daily limit. As for weekly limits, I think $2K per week makes more sense. otherwise, I dont think I am far off the mark suggesting that the casino wants the player to reverse and lose. RTG doesnt flush withdrawals so the remaining balance may still be in the cashier.

 

[silcnlayc]

500 usd/day
1000 usd/week
and 4000usd/month

With terms like that , why even bother playing there in the first place? No limit is really acceptable , but if one needs one in place, I would say $4000 a WEEK would be more in line. I have had a few withdrawals in a week over that limit myself when on a good roll...which is few and far between...so why penalize a player that actually wins a little when they have lost more than withdrew??

Bad, bad idea...on this..

.

 

[Pulver]

4000$ a month? Are they joking? In my book this is utterly and completely ridicilous.. And 1000$ a week? Are they joking? I would have serious doubts about playing at a casino that obviously are scared to death about big winners cleaning them out...

I am not playing there anyways because for some reason they are the first casino on the net that don't allow Norwegians for "security reasons"... Laughable to say the least.

 

[refre]

IMHO any limit is too small.
The correct way to do it is to restrict betting limits.
Don't offer $100 slot spins if you're only prepared to pay out 5 x max bet per day...

Freddy

 

[XSX]

I just was trying to make a point that may be accredited/looking forward to be accredited casinos should have some kind of minimum limits. Let's say they can not put WD limits less than some X ammount.

 

[KasinoKing]

Was just checking new casinos on CM (baptism by fire) and was interested in Casino Cubed. Checked their banking page and found pretty strange WD limits.
500 usd/day
1000 usd/week
and 4000usd/month

I'm pretty happy with 4k/month, but 500usd/day and 1k/week just wrong. What is your opinion?

Well if we said the average gambler would be happy to win 4 times his deposit, then the above rules would be OK if they also had deposit limits of 1/4 of those amounts.

If there are NO limits on deposits, then there should be NO limits on withdrawals - nothing else can possibly be fair.

KK

 

[Deeplay]

Yep a pure joke as are all withdraw limits. If a casino new or old cant sustain the possibility of having to pay large amounts to a winning player then they shouldnt be in the biz! Do they limit withdraws to 4k per month I doubt it very much. Soon as I see any limits at a casino i always move on. They should be no limits period. If you win you get paid asap in 1 lump sum. Its up to the casino to set the pay levels of their games to make sure they have the funds for every possible outcome pay out wise. I also see Buzzluck has withdraw limits which for a "super casino" kind of dont hold up but hey this is only my opinion and I vote with my wallet. I never deposit where their is a limit imposed on possible winnings

 

[kavaman]

Thats just wrong. Rushmore group processes 4000$ a week aka 16000$ a month, which i think is pretty good. But 500$ a day and 1000$ a week , i think that is way way way too low. Some MG casinos process tens of thousands a day if needed. Is cubed really that small casino that they can't pay more then 1000$ a week? This is just my personal opinion.

 

[cheetahwind]

Well it also does state below that they will raise the limits in the coming months. Being that there new there just not allowing larger withdrawals at this point.

Which could point to one of two things.
1) There cashflow right now is already struggling being new.

2) There just being chincy with how much risk there willing to take.

So that's my understanding on it so far. Otherwise I haven't really been dissapointed with the customer service and withdrawals overall.

 

[BillyCubed]

Withdrawal Limits updates

Thanks for the feedback guys. I agree we were a bit over cautious with those limits at first so we have now updated them to a more realistic figure. As always, we would be happy to discuss exceptions in individual cases should they arise, and in time hope to do away with these limits alltogether.

For now, the maximum withdrawal transaction has been increased to $2,500.00 per week and $5,000.00 per month.

 

[Deeplay]

Thanks for the feedback guys. I agree we were a bit over cautious with those limits at first so we have now updated them to a more realistic figure. As always, we would be happy to discuss exceptions in individual cases should they arise, and in time hope to do away with these limits alltogether.

For now, the maximum withdrawal transaction has been increased to $2,500.00 per week and $5,000.00 per month.

Sorry but $5,000 per month is not realistic. So if I won say 20k it would take 4 months to get paid! Last time I wont 21k not so long ago at an MG it was paid in full around 24 hours later Sorry to say but if I play at a casino and I hit big then I fully would expect to be paid in full asap. Sure its ok for some but I can deposit 1000s in any 1 month but never a cent at casinos with any kind of withdraw limit weekly or monthly. Apart from say Intertops who have i think 10k per day which is fine. Thats just my view

 

[chuchu59]

I am wondering whether it is possible, especially for the high rollers, to have a max withdrawal of $5K per month or a withdrawal limit that is not less than the net deposits of the player in the past 30 days.

 

[BillyCubed]

I should probably explain that these were only put in place to limit our monthly exposure as a relatively new casino, in the event of multiple customers hitting large simultaneous jackpots.

If you as an individual hit big then, assuming dozens of other customers didn't do so at the exact same time, we would be happy to make an exception to these guidelines.

 

[Deeplay]

I should probably explain that these were only put in place to limit our monthly exposure as a relatively new casino, in the event of multiple customers hitting large simultaneous jackpots.

If you as an individual hit big then, assuming dozens of other customers didn't do so at the exact same time, we would be happy to make an exception to these guidelines.

Exactly! As a casino you should have enough funds to cover every eventuality. In the UK and Denmark the casino houses have to have enough funds to pay players up to the house limit. Ok thats land based but why should it be different for online ? Imagine walking into a casino and hitting 30k and the manager asks me to come back every month for my payments. They would loose their licence in a flash! I would not want to play at a casino that has worrys about over exposure. You should be bank rolled to the hilt to ensure funds are available for All winning players and all cash outs regardless of the amount won. Sorry but its a bad excuse in my humblest of views. Its a good set up cubed & Buzz and I would defo had played their if not for limits. But as it is I deposit my bling $$$$ elsehwere.