Deposit hold time?

Annorax

Dormant account
Is it normal for a casino to not allow withdrawals for 10 days after a Neteller (balance) deposit? Aren't transactions between Neteller and the merchant settled a LOT faster than 10 days?

I had to deposit at a new casino in order to be able to withdraw winnings on a free chip, and have to wonder if that's just part of a ploy to get me to lose the winnings and deposit to them.

Since the 10 day thing is in their T&C, I see no reason to post their name or address here... yet. I'm slightly worried, though... doesn't an obscene hold time generally indicate cashflow issues?
 

slotchik

Dormant account
Thats why you shouldnt use a free chip. It's better to have no restrictions and play with just your money and not theirs. They can set the rules that way. It sucks.
 

buck

Experienced Member
Deposit requirement for Free Chip Cashin

This is not unusual to cash out on a no deposit bonus. It would be very unusual if it was not tied to bonus.

Buck
 

Annorax

Dormant account
buck said:
This is not unusual to cash out on a no deposit bonus. It would be very unusual if it was not tied to bonus.

Buck
It's not attached to the ND bonus. It's a 10 day hold on ANY DEPOSIT and all winnings from it.
 

buck

Experienced Member
10 day holding period

A bit confused by statement

"I had to deposit at a new casino in order to be able to withdraw winnings on a free chip, and have to wonder if that's just part of a ploy to get me to lose the winnings and deposit to them."

I usually think free chip is a ND.


BUT
This casino would not get any of my play, unless it is to clear a first time cashin

Buck
 
Last edited:

Annorax

Dormant account
buck said:
A bit confused by statement

"I had to deposit at a new casino in order to be able to withdraw winnings on a free chip, and have to wonder if that's just part of a ploy to get me to lose the winnings and deposit to them."

I usually think free chip is a ND.


BUT
This casino would not get any of my play, unless it is to clear a first time cashin

Buck
The 10 day hold rule is apparently for all new accounts. It's not part of the ND bonus. Still...
 

buck

Experienced Member
Hold time

Annorax,

Some very reputable casinos treat your initial cashin much different than subsequent cashins. (Lasseter for example will only mail check for initial regardless of deposit method and clear the account for Neteller only after they confirm the check routing) . Some rouge casinos will take +10 days to start processing and then not pay promptly



Good luck

Buck
 
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