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Fees Fees Fees and your money is gone

Discussion in 'Online Casinos' started by WolframBeta, May 6, 2014.

    May 6, 2014
  1. WolframBeta

    WolframBeta Banned User - multiple forum accounts - troll - no

    Occupation:
    none
    Location:
    US
    this is a rant about fees i run across. clearly somewhere, somebody is trying to make a huge buck of me on every fucking little thing i do.

    Deposit $500 to account, pay $15 in international purchase transaction fee. Play a bit, get down to $250, ready to withdraw, another $30 fee for check by courier. Go to the bank and deposit the check, another $5 for foreign item.

    Seriously what the fuck give people the right to bleed other people's hard earned money with random fees here and there.

    If you're gonna charge 10% fee like that might as well tell us your blackjack is only 89.4%, might as well tell us your video poker is only 89% and slots only 85%.

    Also should a casino even label themselves as "US facing" and get away with it if all of their US withdrawal options are heavily plagued with fees?
     
  2. May 6, 2014
  3. BMWSTACK

    BMWSTACK Ueber Meister

    Occupation:
    Work
    Location:
    US
    Yeah, the fees do suck. No good way to substantiate it, but by the time the casino gets done covering all expenses such as employees, maintenance, affiliate fees etc., they need to try to get players to cover some of the costs. Actually the US processing is also huge part of expense. If your going to find a processor to risk doing US transactions, the process is going to charge them out the ass.
     
  4. May 6, 2014
  5. john39

    john39 Senior Member PABnonaccred

    Occupation:
    analyst
    Location:
    dfw
    Wow $5 deposit fee? I am glad my bank does not charge that...by the way is this from an accredited casino?
     
  6. May 6, 2014
  7. WolframBeta

    WolframBeta Banned User - multiple forum accounts - troll - no

    Occupation:
    none
    Location:
    US
    Sure is!

    CM doesn't come off to me as a math person. So he only accredits/rogues based on good/bad business practice. If I ran the site I would actually look at how much a casino's procedure is harming the customer's bottom line, whether intentional or not, and factor that in my decision for accreditation/rogue.

    Kudos here goes to any casino that doesn't rip off their customer in payouts. I know only of 2 US ones so far, Bovada and Slots.lv for one free payout per month
     
  8. May 6, 2014
  9. john39

    john39 Senior Member PABnonaccred

    Occupation:
    analyst
    Location:
    dfw
    1 person likes this.
  10. May 6, 2014
  11. chuchu59

    chuchu59 gambling addict CAG PABnonaccred

    Occupation:
    EXECUTIVE
    Location:
    SOMEWHERE IN ASIA
    I cannot agree with that. As long as they told you beforehand on the fees to be charged the behavior is not unethical and you have a choice on whether to patronize them or not. Accreditation should not, in my opinion, be related to the charging of these fees. Remember! They are in a business and they need to consider costs.
     
    3 people like this.
  12. May 6, 2014
  13. WolframBeta

    WolframBeta Banned User - multiple forum accounts - troll - no

    Occupation:
    none
    Location:
    US
    I'm 90% sure at this point this said accredited casino did NOT say anything about the withdrawal fees beforehand. I looked pretty hard on their site and I found no information on it whatsoever.

    The only way to find out, it seems, is to actually do the withdraw process, submit your verification documents, and chose your method. Then it'll tell you how much the fees are.

    I can pm you the name of the casino if you like
     
  14. May 6, 2014
  15. Captain Chaos

    Captain Chaos Senior Member webby

    Occupation:
    Train Guard
    Location:
    United Kingdom
    If the Casino is being upfront about the fees then I cannot see why they should be punished/penalised by being rogued. They are, after all, being upfront with us about it. This is of course the ethical thing to do.

    The only time fees get my goat is when they charge booking fees and transaction fees on things like football tickets and concert tickets. Especially when they are the only people to buy them from. That really irks me, that does.
     
  16. May 6, 2014
  17. osulle

    osulle Ueber Meister CAG mm4 mm1

    Occupation:
    life
    Location:
    Northern hemisphere
    The only fee that I can see being charged to you by the casino is check by courier. The rest are charged by your bank. You could check to see if the casino has any other less costly withdraw options. :)
     
  18. May 6, 2014
  19. quber

    quber Senior Member

    Occupation:
    spy
    Location:
    Europe

    I would say they are all bank charges, the casino will be charged by the bank to draw a cheque. I don't understand how someone can go to a bank and get a charge and blame that on a Casino.


    And also WolframBeta, do you expect CM to try every different deposit and withdrawal method from every country to see what charges are? He would probably not get charges for his deposit method from Germany so it would be a fruitless exercise.
     
    1 person likes this.
  20. May 6, 2014
  21. bigjohn

    bigjohn Meister Member MM PABnoaccred

    Occupation:
    Swimming Pool Serviceman
    Location:
    Northeast Coastal USA
    I can understand being frustrated about these fees but I don't think taking shots at your host here will bear any fruit. If you want a site that lists casinos by a single criteria then you should start such a site. If you want to suggest that a certain criteria be a determining factor of how casinos are ranked here your cause would be better served via PM directly to the webmaster.
     
  22. May 7, 2014
  23. kidgamer

    kidgamer Dormant account

    Location:
    Los Angeles
    I've been charged a $65 fee for a withdrawal via bank wire by several casinos. On top of that, my bank (BofA) charges me an additional $15 fee to receive a wire. Check fees are less ($30-$45) but bank drafts are almost always drawn on Canadian banks and may take weeks to clear before the funds become available.

    Yes fees have been outrageous, especially for US players.
     
  24. May 7, 2014
  25. Googobucs

    Googobucs Meister Member

    Occupation:
    IT Manager
    Location:
    Florida, USA
    Fee's are a part of life, but you do have the choice to shop around for the best price. If you don't see any fee's posted then you should ask. Especially if it's an accredited, them PM the rep and ask what the fee's are for the type of withdraw you want.

    I am very picky when it comes to how I want to be paid and what I am willing to pay in fees. I like Slots.lv as you mentioned as well as CW with a $9 fee and Reel Spin in BBF is only a $9 or $10 fee.

    There are places that I like to play because I like the games, but there is no way in hell I paying $65 for a wire that shows up in 3 weeks, so I'm just waiting for the next place to come along with those games and give them some competition.
     
  26. May 7, 2014
  27. WolframBeta

    WolframBeta Banned User - multiple forum accounts - troll - no

    Occupation:
    none
    Location:
    US
    I know right? Do I look like a walking wallet?


    Ok so something else. Where is CM located in? As per psychology it's hard for someone to empathize with something they have not personally been harmed by. If he's non-US I'd imagine him not give much crap about US fees at all, unfortunately.
     
  28. May 7, 2014
  29. dionysus

    dionysus can turn wine into water CAG MM

    Occupation:
    n/a
    Location:
    I'm a Canucklehead
    Ok I'll say it - you're being unneccesarily rude to your host. CM (aka Bryan) is gracious enough to allow you a forum to vent your complaints..that doesnt give you license to make personal jabs.
     
    2 people like this.
  30. May 7, 2014
  31. WolframBeta

    WolframBeta Banned User - multiple forum accounts - troll - no

    Occupation:
    none
    Location:
    US

    If CM feels like I'm being rude to him I'll remove the posts. Until then, "rude" is your opinion. I believe my statements are objective and unbiased.

    You're probably non-US as well, if you can't empathize with our problems at least don't rip on us for complaining.
     
  32. May 7, 2014
  33. dionysus

    dionysus can turn wine into water CAG MM

    Occupation:
    n/a
    Location:
    I'm a Canucklehead
    Er, how can you in one breath claim some are making biased opinions based on their location, but somehow you aren't?
    If you actually knew a bit about your host, and well, myself, both have lived in the states. Because someone doesn't agree with you doesn't mean we aren't capable of empathy - it means they don't agree with you.
    As to ripping on you - I'm entitled to my opinion, as are you. The difference being I'm not making rash and yes, rude statments toward the person allowing you to make those statements.
     
    2 people like this.
  34. May 7, 2014
  35. Casinomeister

    Casinomeister Forum Cheermeister Staff Member

    Occupation:
    Homemaker
    Location:
    Bierland
    Please review the following:
    http://www.casinomeister.com/forums/faq.php?faq=forumrules#faq_forum_membership

    Right now, I'm about ready to kick your account to the curb because you are acting like a cry-baby jerk. You don't like processing fees? Tough titty - welcome to 2014 where most anything you do with a bank will cost you cash $$.

    And what is this obsession about who is US or non-US? What the hell is that supposed to mean anyway? I couldn't give a flying rats ass where you're from. The casinos on this site take whomever they chose to take, but I allow traffic from every country on the globe. So this site is Global - and I'm a citizen of the world.

    If you value your membership here, I would suggest a change in your posting style. Thank you.

    And watch the potty mouth. Infraction given.
     
    2 people like this.
  36. May 7, 2014
  37. blonde

    blonde Senior Member

    Occupation:
    Writer/Freelancer, 7 years and going strong.
    Location:
    London, Aussie...hell who knows
    You said in your original post you deposited $500 played a bit ready to cashout $250..why would you let yourself be open to double the fees if only you were going to play half of your deposit amount? I am just trying to understand. The fees do suck but all of us USA players just deal with it if we are wanting to play online.
     
  38. May 7, 2014
  39. Finn

    Finn Senior Member MM

    Occupation:
    Engineer
    Location:
    Finland

    Being able to crunch the numbers is not good for anything if you don't understand the context. So let's look into economics of this.


    Every fee and extra cost applied to businesses gets transferred to the customer. That $15 on the top of $500 is just 3%, which really isn't much higher than the pretty common fee of 2.5% for credit card deposits, so it's not that big . But anyway, let's assume that some casino decides to pay the international transfer fees themselves. Sally Small Deposits likes to do a lot of small deposits of $10. Because her bank has a high flat rate component in their pricing for international transfers, the fees for $10 transfer are $5. If the transfer fees don't get charged from Sally, who pays them? Is it:

    A) Santa
    B) Every other player at the casino, whose deposit methods and habits are not that costly, will pay for them one way or another

    Brits don't have to pay taxes on any gambling income, but as a Finn I would have to pay taxes for any gambling income that is not from within European Economic Area or from Åland Islands. Do I think that non-EEA casinos should bear the Finnish tax burden, and redistribute that tax burden to Brits or other people who pay no taxes or lower taxes on their gambling income? No, of course not.

    Whatever taxes I have to pay, that is due to my government, whatever fees you have to pay, that is due to your governments anti-online gambling policies.

    It is in my interest to maximize the bang for my buck.

    I wouldn't play at casino that makes me to pay for Sally Small Deposits deposit fees, or any other extra costs brought by US government's anti-online gambling policies.

    Just like a Brit would have to be crazy to play at casino that tries to make them bear the tax burden and extra fees of non-Brits.
     

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