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Casino Cubed strange WD limits

Discussion in 'Online Casinos' started by XSX, Sep 28, 2009.

    Sep 28, 2009
  1. XSX

    XSX Dormant account

    Occupation:
    IT technician
    Location:
    London
    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?
     
  2. Sep 28, 2009
  3. chuchu59

    chuchu59 gambling addict CAG PABnonaccred

    Occupation:
    EXECUTIVE
    Location:
    SOMEWHERE IN ASIA
    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.
     
  4. Sep 28, 2009
  5. silcnlayc

    silcnlayc Just one more spin pleez! CAG MM PABnonaccred PABaccred

    Occupation:
    IT Director of Operations
    Location:
    Left Hungary
    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..

    .
     
  6. Sep 28, 2009
  7. Pulver

    Pulver Senior Member PABaccred webmeister

    Occupation:
    Technical
    Location:
    Tellus
    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.
     
  8. Sep 28, 2009
  9. refre

    refre Senior lurker PABnonaccred PABnoaccred

    Occupation:
    Professional slot player
    Location:
    .
    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
     
  10. Sep 29, 2009
  11. XSX

    XSX Dormant account

    Occupation:
    IT technician
    Location:
    London
    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.
     
    2 people like this.
  12. Sep 29, 2009
  13. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    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
     
  14. Sep 29, 2009
  15. Deeplay

    Deeplay New World Order CAG mm1 webmeister

    Occupation:
    Works For Self
    Location:
    The biG Eu
    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 :confused: 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
     
    1 person likes this.
  16. Sep 30, 2009
  17. kavaman

    kavaman Senior Member PABnononaccred3 PABnononaccred3 MM

    Occupation:
    It
    Location:
    finland
    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.
     
  18. Oct 1, 2009
  19. cheetahwind

    cheetahwind Dormant account

    Occupation:
    Wind Blade Maker
    Location:
    Iowa
    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.
     
  20. Oct 1, 2009
  21. BillyCubed

    BillyCubed Dormant account

    Occupation:
    Casino Manager
    Location:
    CasinoCubed.com
    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.
     
  22. Oct 1, 2009
  23. Deeplay

    Deeplay New World Order CAG mm1 webmeister

    Occupation:
    Works For Self
    Location:
    The biG Eu
    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 :thumbsup:
     
  24. Oct 1, 2009
  25. chuchu59

    chuchu59 gambling addict CAG PABnonaccred

    Occupation:
    EXECUTIVE
    Location:
    SOMEWHERE IN ASIA
    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.
     
    1 person likes this.
  26. Oct 1, 2009
  27. BillyCubed

    BillyCubed Dormant account

    Occupation:
    Casino Manager
    Location:
    CasinoCubed.com
    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.
     
  28. Oct 1, 2009
  29. Deeplay

    Deeplay New World Order CAG mm1 webmeister

    Occupation:
    Works For Self
    Location:
    The biG Eu
    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.
     

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