Decision regarding casinos who try to take advantage of withdrawal reversing

[partyhummel]

choices

Blaming the casino for one's conscious and informed choices is also meritless.
It's a CHOICE to play at casinos with pending periods and reversals, not an obligation. If you make that choice, it's on you.

;-) I just chose to give those reversal-advantage-takers a big kick - as I stated in the startpost of this thread - however imo it should be okay to inform especially newbies that casinos who are offering reversal buttons are not doing it to do a favour to the player but to rip off the client. ;-)

It is unethical business practice and I wouldnt recommend anyone to play at such casinos - you never know what else they are able to, if they try to take advantage of players in such an obvious dissocial way.

I dont consider it as heroin - however it is a service where clients can lose self control. this is definetely enforced by those stupid, harming reversal buttons. and a casino abolishing flushing is doing nothing else than devolving from a customer friendly good casino to a dirty garbage dump! they exactly know what they are doing. ruthless. they should delete the passages of responsible gaming. they encourage unresponsibility. ;-) they should lose their license in my opinion.

 

[dionysus]

'Blaming the drug delaer for one's conscious and informed choices is also meritless.'
Again, this isn't drugs we're discussing here.
If you want to continue on addictions, then the player with a gambling addiction has bigger concerns than reverse withdrawing..like, oh, say, gambling to worry about.

Assigning blame on the casino is pointless seeing as a player with an addiction shouldn't be gambling to begin with. And noone is coming to the player's home forcing them to play there.
Reverse/pending withdrawal isn't going away overnight, be it right or wrong.
I've never stated nor intimated either service is good. However, if you don't like those services, simples, don't subscribe to them.

 

[partyhummel]

blame

'Blaming the drug delaer for one's conscious and informed choices is also meritless.'
Again, this isn't drugs we're discussing here.
If you want to continue on addictions, then the player with a gambling addiction has bigger concerns than reverse withdrawing..like, oh, say, gambling to worry about.

Assigning blame on the casino is pointless seeing as a player with an addiction shouldn't be gambling to begin with. And noone is coming to the player's home forcing them to play there.
Reverse/pending withdrawal isn't going away overnight, be it right or wrong.
I've never stated nor intimated either service is good. However, if you don't like those services, simples, don't subscribe to them.

I think in such a sensitive business it is important to blame companies for unresponsible, unethical, abusive behavior.

pending times are unfair. casinos enforcing pending times are morally on the same stage as those who dont pay winnings at all.

 

[Deeplay]

I also feel that it is unethical business practice to have a reverse time. Thats why these days soon as I see a pending period over 24 hours I dont deposit. Simple as. As I now usually only deposit with Skrill or Paypal I expect any withdraw to be processed the same day. Including weekends. It dont matter to me if its a Sunday morning the casino is open for business and should be staffed as such. Same as land based. They do not close the cashier desk at 9pm Friday nights. I know they are smaller outfits that can struggle with this and that is fine they wont see my ££ until they grow big enough to offer daily withdraws. Sure withdraw on a Saturday night it I dont expect it until Sunday at some point and thats fine. Anything more and they dont see me again. A personal choice for sure but with so many casinos now coming through online (many of em crap may I add) the stakes are rising for sure. In truth the bigger casinos cant use the excuse that the certain staff dont work weekends. Its a business which is open 24/7 and should be manned as such.

 

[nikantw]

Players may have the power, but not always a choice. It’s not like online casinos offer the same games and bonuses and support. And their only difference is the pending period. Not to mention that legislation (more often than not) only gives you a handful of choices to play.

And more and more counties look to the online gambling for their lost tax revenue, putting more pressure to the casinos. All those taxes can only come from the players, there is no other way, so the casinos will either lower their RTP or introduce longer pending times.

Players must be more careful, but also regulation authorities must look into this matter and put down some rules.

 

[bigjohn]

If you have choices, take them. If not you have to have discipline or you are going to lose....just like in any other aspect of day to day existence.

 

[nikantw]

If you have choices, take them. If not you have to have discipline or you are going to lose....just like in any other aspect of day to day existence.

And just like any other aspect of day to day existence, there must be rules to protect us, if we can’t protect ourselves.

 

[goatwack]

Ahh yes, that old chestnut. It's fair to say we've all got the t- shirt with this one. Whilst I agree that reversals are evil, it does simply come down to willpower. Therefore the decision lies with the player, as much as I'd like to blame the casino.

In this competitive market there is very little reason to play somewhere where reverse withdrawals are an option. If anything, it is becoming a clear divide between those places that adhere to this practice and those that do not. Hence, the choice is made for you.

Ultimately, it all comes down to how often you like making the same mistakes. God knows I've reversed enough to buy a small island, but after being slapped in the face enough times I like to think that part of me is finished.

Unfortunately casinos cannot be held accountable for a player's stupidity and should not be blamed for rash decision making. The money is yours already, why jeopardize that and hand it back? From personal experience, maybe one in twenty reversals lead to making more money. If you've withdrawn AND left yourself a healthy balance and proceed to bust out, your luck is unlikely to change. Best to call it a day!!

 

[spintee]

Fair dues goaty, The botom line does go down to he player but casino bang on about responsible gaming? Only reason they do is that is mandatory to do so,,
I my self have shot 90% of casino/bingo sites I play at in the last few months and admit doing so I have not had many bonus but can also say that my bank balance has been alot healthier,
Vote with your walet peeps and casino will soon get the idea

 

[nikantw]

Money in your casino account are like Matthew McConaughey says in “The Wolf of Wall Street”, fairy dust. They are note real, they don’t exist. They get real only when the player takes them home. When you win, online casinos don’t want you to make a withdrawal, like land based casinos don’t want to let you leave. But imagine a land based casino forcing you to stay for 2 business days!!

 

[shewoff]

Reversing!

I have done this.Good point is i had a long time pending I mean months and i figured they will never pay anyway so i reversed.$750.00 hard earned playthru i mean like like 3500 on a 50.00 deposit so it was hard earned. And i reversed and it went ZIP gone real fast and i thought well stupid is as stupid does.The very next day the other 2 pending in the same group much larger withdrawal,s processed and i said !Hell what are you doing but i agree if you even think for a sec. and minute and allow it to be on your mind. It will be there until you do it. Its almost like a form brainwashing. I like the casino,s here that i play at now that promise a 24 to 48 hour process and they do have the reversal but that is self control and there will always be a small group of players who think well i can play a bit more and win more. That is never the case. It may be a gambling problem but no one forces you to play and it is entirely up to you as a grown person to decide if you can afford to lose it or play it at all!
Very good subject i really never thought about it. But i guess it could be a problem for some at the Rogues that hold it for a large amount of time as in my situation.Good luck to all! I do mean that.I hope that you either find a way to stop thinking about it or stop playing.It,s a crappy play at best i guess.Peace Out!Out Of The Mist! shewoff

 

[goatwack]

Fair dues goaty, The botom line does go down to he player but casino bang on about responsible gaming? Only reason they do is that is mandatory to do so,,
I my self have shot 90% of casino/bingo sites I play at in the last few months and admit doing so I have not had many bonus but can also say that my bank balance has been alot healthier,
Vote with your walet peeps and casino will soon get the idea

I remember working in a UK casino when these Responsible Gambling laws were introduced, you could see managers addressing their staff through gritted teeth, it is a sham. Forced to abide by these laws but all the while we knew that casinos wouldn't care a jot if players spunked their life savings away, you could hear the collective groans as some of these laws were read out, as they were self- explanatory and almost condescending.

Not even sure how enforceable these laws are in practice, it is often a grey area, same as serving someone in a pub who may have had too many. Fact is casinos couldn't give two sh*ts about players' welfare and would happily strip you of your rent money, life savings, clothes, boots and motorcycle. And then heartily laugh as you leave with your dignity shattered.

As shown, if left to their own devices online casinos aren't particularly hasty to abolish reverse withdrawals anytime soon, unless forced to do so. And I wouldn't be holding my breath for that one. It is, and always will be, down to the player to self- regulate their play.

 

[shewoff]

Decision!

Just a quick drop here i have just finished a very long play at ALL STARS i started last night about 11:30PM EST and i played until about 5:00AM and i played a very small deposit with a 65% bonus and i played hard i mean about an hour or more of $2.00 bets on a slot up and down finally i got tired and the playthru was done and i had about $110.00 showing and i wanted more. So i played about another hour and it was at a whopping $195.00 and i figured if i get my wagering back for the week i was ahead.
I have had a very productive week 8 bets and 3 wins total about $1200.00 and i just started thinking about this thread and wondering if it would be possible to pull it up a bit more. Say $300.00 now i have tried all night to get this play up and out of the low 100,s but it just would not move!I started again about 1:00PM today and i just finished with a $275.00 up from the $195.00 and i played $2.00 bets for about 4 hours and i almost lost the whole smack 2 times down to $20.00 and it would give me free spins and the amount would go back up the advantage of large bets is the free spins that will pay a fair amount if the rolls are with you.Any way here is my own experience with the withdrawal back out thing it by no means is a barometer for anyone and i do not advise anyone to do what i just did. But it does show that at a Good and Fair casino your chances are good that you will make more maybe not much but more for sure.Peace Out! Out Of The Mist! shewoff

 

[Dagobert]

Always keep them playing

Always keep them playing, Eventually they will lose it all.

That is what Casinos live by!


Avoid these greedy devils with pending periods.

Close your accounts and make a point about it in an email.


-D-

 

[Markfinn]

The only reason Casinos do this is because people keep reversing. I can't blame them one bit. You don't want to reverse and lose then don't reverse any withdrawals ever (period).

Have a few different places to play at and after you withdraw from one play elsewhere till it clears. The only way this practice will stop is if they see that players are depositing elsewhere while waiting.

Well, it is always easier to reverse your withdrawal than make a new deposit when you consider how your mind works by gambling but the good casinos that understand their business allowing fast or instant withdrawals that you get in minutes back on your bank account have realized that people also stay loyal to their casinos, and also deposit the withdrawn soon back on their casino account. It's all psychological.

 

[09237653]

RE: Pick a casino that doesn't have reversing: your stuffed if you wanna play mg though, EVERY mg casino has reversing, the lowest being 24 hours, others being 36-48-72 hours, its beyond a joke- sometimes taking up to a week to get your "fast" cashout.

The weekend thing pi$$es me off too, why does time not exist to casinos on the weekends? if I must wait 48 hours at least let the weekend count towards this too, I understand it will not be processed till Monday but must it sit there for an extra 2 days before the magic 48+ hour reversal countdown starts, making it hit the bank by Thursday/Friday (if you're lucky)


I would still love to see an option to reduce or even completely remove the option to have reversal, a simple option in account settings:

Would you like the option to reverse your withdrawals: yes/no
What length of time would you like for reverse withdrawals : 1 hour / 4 hours / 24 hours

 

[Billbreaker]

There's something else: Withdrawals should be INSTANT. There's no technical reason not to (although everyone lies and says it takes a while). As soon as the withdrawl is "processed" to an eWallet, the money is gonna be in your account right away, because it's a simple DIGITAL transfer. The money itself doesn't need to go through a bank transfer (lets say, from 32red to Neteller or Skrill).

The way it works is: 32red has an "open account" with Neteller/Skrill/other ewallets, so they just exchange the info "get X in, get Y out". That's why a deposit is instantly credited to your account. No "actual cash" goes from your ewallet to the casino account, no banks involved at all, no nothing. Just a simple exchange of simple info.

So, not just when they force you on a 24-hour reverse time, but also when they only do cashout on business days (during when they'll also let you reverse it), they're just stalling until they press the "proccess" button, which is when the money is gonna reach you instantly. And for that stall to happen, they have to keep lying to you using excuses like "bank", "business days/times", "financial department" and all kinds of bullshit.

But this is the way the industry works. It's the same when you hit a jackpot or win big on a live Casino and they instant get you comps to stay the weekend for free, limo rides, show tickets, free meals etc. They want you to stay longer and gamble more with the recent-won-money.

All that is standard, but what concerns me more is the amount of lies the online casinos use in order to reach their goals.

 

[winbig]

What really irks me are the casinos that offer bonuses...both for deposits and reverse withdrawals.

Forgive me if I'm wrong, but shouldn't that be grounds for immediate rogue status?

 

[KasinoKing]

What really irks me are the casinos that offer bonuses...both for deposits and reverse withdrawals.
Forgive me if I'm wrong, but shouldn't that be grounds for immediate rogue status?

I disagree. Once again it comes down to the players own choice & will-power.

For players who like to take bonuses a lot, this feature saves them and the casinos time and also saves the casino (and sometimes the player too) processing fees, which enables them to offer better bonuses.
I mean, why wait for your withdrawal to be processed if you're only going to deposit to play again at the same or a different casino?

KK

 

[spintee]

I disagree. Once again it comes down to the players own choice & will-power.

For players who like to take bonuses a lot, this feature saves them and the casinos time and also saves the casino (and sometimes the player too) processing fees, which enables them to offer better bonuses.
I mean, why wait for your withdrawal to be processed if you're only going to deposit to play again at the same or a different casino?

KK

That should be a players choice to decide, Alot of sites do not give a bonus for a reverse and only deposit, If casino are bothered about fees involved than they should either charge us or give you a limit, No excuse to hold on to your cash I am afraid

 

[hedgehok]

That should be a players choice to decide, Alot of sites do not give a bonus for a reverse and only deposit, If casino are bothered about fees involved than they should either charge us or give you a limit, No excuse to hold on to your cash I am afraid

There's a way between "reversal bonus" and a new deposit and that's used by many betsson casinos (e.g. betsson, betsafe) but also gala. You opt-in for the bonus and a certain amount of your balance is bound by the bonus (usually the amount that qualifies for the bonus + the bonus) and gets released when the wagering requirements are met.

Like KK said: It eventually comes down to if you are disciplined enough to withstand to reverse and play back all your winnings.

 

[Edman80]

When I've a big withdrawal I make a appointment with my girlfriend: I'll tell her the winning amount and show her this amount on my neteller/bank account after some days. For me this give me the 100% certainty that I don't make a reversing in the meantime. Self-control is a bit difficult sometimes. Maybe a tip for others.

 

[t4llek]

i had a huge cashout at an accredited casino here that had the cash in reverse mode for 2 weeks, after several cs chats and calls they finally put it in pending, that only made me do one thing never put another cent onto it, and it was my most played casinoat that time, all i can say it was digimedia, everything they touch turns into crap.Im sure im not the only one who it happened to, they should at least have a warning every wd over x ammount is gona be delayed because we want to see if ur a nab and play it all back .

 

[BananaCognac]

The only reason Casinos do this is because people keep reversing. I can't blame them one bit. You don't want to reverse and lose then don't reverse any withdrawals ever (period).

Have a few different places to play at and after you withdraw from one play elsewhere till it clears. The only way this practice will stop is if they see that players are depositing elsewhere while waiting.

Silly comment. The point of all this is that the option to reverse a withdrawal should not even exist.

If I decide to withdraw why does an online casino have to hold my money for a couple of days - that's the issue - not people who decide to reverse.

 

[bigjohn]

Near the beginning of this thread a member wrote;

...The Reverse withdrawal feature and extended pending periods are by far are their primary weapon. Just imagine how much less profitable they would be if they did not employ this tactic...

Silly comment. The point of all this is that the option to reverse a withdrawal should not even exist.

If I decide to withdraw why does an online casino have to hold my money for a couple of days - that's the issue - not people who decide to reverse.

This is the answer to the bolded question above. Gee, a business is doing something that is very profitable for them; Why wont they stop doing that?

Solution, stop making it profitable for them.