How does inetbet handle max withdrawal on fre chip

[sandman748]

So as a new player i used a $10 free chip and managed to turn it into 160. I noticed that once i hit playthrough, my balance went straight down to 50 which was the max on the chip. So sure enough i kept playing (not sure why) and managed to hit 1000 on a one dollar bet.

So my question is this? Will I get that 1000 since my balance was already reduced from 160 down to 50 once i met playthrough? Or should I play through that money all the way down to 50 to try and get as many comp points as possible?

Thanks

 

[Kotsy1]

Since you are playing on a free chip and won more and above, if the rules state 50 max, that's all you'll get.

Pretty straight forward rules.

 

[sandman748]

I understand the rules. I guess I am used to just having the money removed when I cashed out. I was surprised to see inetbet drop my balance down to 50. Effectively removing all my overage on the chip. I guess I was hoping that since they had already removed my winnings above, that if I continued playing, I would get to keep the winnings.

Maybe not. In that case, i may as well maximize my comp points.

 

[chayton]

No you're still only allowed to cash out $50 so might as well spend it.....although you might want to check whether your comp points are actually adding up while you're playing back down. One of the reasons I think they 'remove excess funds' is to keep people from accruing comp points using casino money.

 

[sandman748]

figures. just my luck to hit 1000x spin on a free chip. thanks guys.

 

[Tirilej]

No you're still only allowed to cash out $50 so might as well spend it.....although you might want to check whether your comp points are actually adding up while you're playing back down. One of the reasons I think they 'remove excess funds' is to keep people from accruing comp points using casino money.

...and even if he get comppoints they usually don't let people redeem them if they are from only playing free chips.

 

[sandman748]

i'll be depositing. only playing the free chip to try a new company. Club world won't give me promos anymore, so gotta find a new home.

 

[chuchu59]

I understand the rules. I guess I am used to just having the money removed when I cashed out. I was surprised to see inetbet drop my balance down to 50. Effectively removing all my overage on the chip. I guess I was hoping that since they had already removed my winnings above, that if I continued playing, I would get to keep the winnings.

Maybe not. In that case, i may as well maximize my comp points.

While the casino is unlikely to allow you to cash out anything more than 50 I think they are dead wrong if they do this as the purpose of the automatic removal of winnings and have your balance reduced to the max withdrawable amount ie 50 means that the $50 is wholly yours and you can play anything you like and run your balance to any amount you like. The automatic reduction to 50 already prohibits you from raking up comps (that's courtesy of the schemers from RTG) so there is absolutely no reason why the max w/d should continue to be 50 as essentially the 50 is akin to you making a fresh deposit. If the automatic reduction system wasnt in place I would agree that one should abide by the max. w/d limit on a free chip.

 

[sandman748]

While the casino is unlikely to allow you to cash out anything more than 50 I think they are dead wrong if they do this as the purpose of the automatic removal of winnings and have your balance reduced to the max withdrawable amount ie 50 means that the $50 is wholly yours and you can play anything you like and run your balance to any amount you like. The automatic reduction to 50 already prohibits you from raking up comps (that's courtesy of the schemers from RTG) so there is absolutely no reason why the max w/d should continue to be 50 as essentially the 50 is akin to you making a fresh deposit. If the automatic reduction system wasnt in place I would agree that one should abide by the max. w/d limit on a free chip.

My thoughts exactly. Looks like I'm not getting comp points on my play now either. So whatever happens, it was a free chip to start so I guess I can't complain. I will never play on a free chip again. I hit a RJ on club world on a free chip for 7k and only saw 500 of it, and now this.

 

[chuchu59]

My thoughts exactly. Looks like I'm not getting comp points on my play now either. So whatever happens, it was a free chip to start so I guess I can't complain. I will never play on a free chip again. I hit a RJ on club world on a free chip for 7k and only saw 500 of it, and now this.

The only difference would be if you withdraw the 50 and then redeposit they will need to pay the processing fees. In addition, once you receive your cashout you have plenty of other casinos to choose from so they actually lose out on your business. It doesnt make any sense really.

Meanwhile, if you are continuously fishing for free chips you may encounter a casino who labels you as a bonus abuser and decline a cashout from a free chip.

 

[Balthazar]

While the casino is unlikely to allow you to cash out anything more than 50 I think they are dead wrong if they do this as the purpose of the automatic removal of winnings and have your balance reduced to the max withdrawable amount ie 50 means that the $50 is wholly yours and you can play anything you like and run your balance to any amount you like. The automatic reduction to 50 already prohibits you from raking up comps (that's courtesy of the schemers from RTG) so there is absolutely no reason why the max w/d should continue to be 50 as essentially the 50 is akin to you making a fresh deposit. If the automatic reduction system wasnt in place I would agree that one should abide by the max. w/d limit on a free chip.

That's exactly right. Once they removed the excess, it became his money and he was no longer bound to the bonus T&C. Wagering requirement was met and excess money was removed. The $50 was his to cashout OR TO PLAY WITH.

The fact that he kept playing is no different than withdrawing the money (maximum $50) followed by a reverse cashout. In this case, a reverse cashout would have been just like a $50 deposit.

With that said, I'd not hold my breath. It would take an extremely honest casino to admit that and pay your $1000.

 

[LHofsdal]

That's exactly right. Once they removed the excess, it became his money and he was no longer bound to the bonus T&C. Wagering requirement was met and excess money was removed. The $50 was his to cashout OR TO PLAY WITH.

The fact that he kept playing is no different than withdrawing the money (maximum $50) followed by a reverse cashout. In this case, a reverse cashout would have been just like a $50 deposit.

With that said, I'd not hold my breath. It would take an extremely honest casino to admit that and pay your $1000.

I do remember 1 casino stating a longtime ago that even though they cashed out, a reversal would not make it a new deposit. The withdrawal needs to be fully cashed out, meaning it would have to be processed and sent to the player. However, I don't remember which casino this was.

I tend to agree with everyone else, I think you are only going to get the 50 dollars, but lets see what Inet says. They do read this forum just about daily. So you should get a response soon. IF you don't PM the rep and see what they say.

LH

 

[Jasminebed]

I know in the past, I have emailed Inetbet to ask if I reversed win from a free chip, could I then play without the max cap, and was told no.

They also have a term that comp points earned solely from free chips are not redeemable.

If you haven't already did so, Inetbet is going to require a faxback form and your ID, a recent utility bill and a copy of the card (if you used a card) used to deposit.

Here's a link to the page with the download for the form: Old / Expired Link

 

[lettingyouknow]

That Casino is clubworld all of them in the group

I do remember 1 casino stating a longtime ago that even though they cashed out, a reversal would not make it a new deposit. The withdrawal needs to be fully cashed out, meaning it would have to be processed and sent to the player. However, I don't remember which casino this was.

I tend to agree with everyone else, I think you are only going to get the 50 dollars, but lets see what Inet says. They do read this forum just about daily. So you should get a response soon. IF you don't PM the rep and see what they say.

LH

That casino is Club World, all of them in the group have this same rule. A reversed withdrawal is NOT considered a deposit.

 

[mattsgame]

That casino is Club World, all of them in the group have this same rule. A reversed withdrawal is NOT considered a deposit.

It is not just Club World though, Jackpot Capital, Slotastic, Grande Vegas, Sloto, etc all have the same rule and I assume its just an RTG thing.


It is a shame because technically the money has become yours once you have finished wagering.

 

[cheetahwind]

Actually sloto will allow you to play beyond what you've won on the free chip once the wagering is complete.
Once you've completed the wagering and the excess is removed they will let you play on. I've done this a few times because of being in the US I don't wanna cashout to a wallet. I want the money right in my bank. So they've let me play on several times, never have gotten close to getting the minimum for a wire, but it's nice to know that I can get my freebie money in my bank though.

It is not just Club World though, Jackpot Capital, Slotastic, Grande Vegas, Sloto, etc all have the same rule and I assume its just an RTG thing.


It is a shame because technically the money has become yours once you have finished wagering.

 

[Balthazar]

That casino is Club World, all of them in the group have this same rule. A reversed withdrawal is NOT considered a deposit.

IMO, every single casino that enforces such a dumb rule strongly deserves that winners from free chips withdraw their money and never play there again.

A reverse withdrawal isn't a deposit? Really? If I owe $20 to my friend and he happens to also owe me $20, do we have to physically exchange the $20 bills otherwise we're both still in debt to each other? Same (lack of) logic. "Take your $50 then give it back to us".

 

[Stovetopp]

I know that you cannot win more than the free chip bonus says you can.
However, esp to KK, what happens if you have some cash lying around in your account and you win the maximum allowed on a free chip and you cash it....Does that mean you have to cash out ALL funds then redeposit?

Sp why take a free chip when you cannot collect the money esp if one is from the good old USofA and does not have e wallets? There is a minimum amout to get monies by courier check
Quite frankly, I think the mgmt of online casinos are having a big laugh at all of us for trying to beat the T&C's

I still play though, but the day will come "when the chicken comes home to roost" As aside What the hell does this mean anyway ? lol where did that expression come from and dont tell me it was from OBAMA's minister

 

[cheetahwind]

See this is where 3Dice had it right, no max cashout period on a free chip.
Granted slotocash had a nice varience, but still removing excess money period does seem like a bit of rip off.

 

[sandman748]

Well I got the email saying my withdrawal cant be processed until i send in my forms(which i did yesterday) and it also stated 50 dollar max cashout. So it is what it is, even if I don't agree with it. Here's hoping I can keep my comp points. On a side note, club world appears to be letting me use promos again so I may not even bother with inet. I'll definitely redeposit the 50 and if I make play through, will judge them on their payout time. Weekend cashouts are a plus, since I mainly play on Friday and its oh so tempting to reverse withdraw while waiting for CWC to approve my withdrawal on Monday.

 

[Tirilej]

Congrats to that free winnings. It was at least more than nothing

There are some here that don't like Inetbet, mostly because they don't have livechat, but many of us do think they are the best. They pay fastest, the bonuses are okey and they can be trusted.
I have never had a single problem with them so they are at least my number one among the RTG's.

 

[chayton]

That casino is Club World, all of them in the group have this same rule. A reversed withdrawal is NOT considered a deposit.

But Club World doesn't remove excess winnings once wagering is met, do they? It's been so long since I won on a freebie I can't remember.

 

[sandman748]

But Club World doesn't remove excess winnings once wagering is met, do they? It's been so long since I won on a freebie I can't remember.

club world does not remove the winnings on a free chip after play through. The remove the bonus and overage on withdrawal. When I won the RJ for 7k they actually encouraged me to play it down to 500 (max on $50 chip) so that I would at least get some comp points as well. Otherwise they just blow away the extra with no benefit to the player.

 

[tooodoggs]

Also keep in mind that Inetbet has a max withdraw on comp points. CW does not.

club world does not remove the winnings on a free chip after play through. The remove the bonus and overage on withdrawal. When I won the RJ for 7k they actually encouraged me to play it down to 500 (max on $50 chip) so that I would at least get some comp points as well. Otherwise they just blow away the extra with no benefit to the player.

 

[Tirilej]

Also keep in mind that Inetbet has a max withdraw on comp points. CW does not.

Never heard of that. I think you have to wager it 10x but no max cashout.

 

[tooodoggs]

Per the terms on the website. I ALWAYS read them before I take a bonus.

Any free money given, that does not require a deposit, e.g. a Non-Deposit Coupon, loyalty bonus, comps, VIP bonus, vanity card, manager deposit, competition/tournament prizes, compensation bonus, inconvenience bonus, birthday bonus etc. (unless otherwise stated) will have a maximum cash out of 10x the bonus given e.g. $50 given max cash out = $500. Excess winnings will be removed. Monies must be turned over at least 15x (unless otherwise stated) before any cash out can be made.(amended June 2004)
Old / Expired Link

Never heard of that. I think you have to wager it 10x but no max cashout.

 

[tooodoggs]

If this does not include comps then I am wrong. I never play mine because of the rule. If there is not a max cashout I will play them. Does anybody know for sure?

Never heard of that. I think you have to wager it 10x but no max cashout.

 

[Tirilej]

If this does not include comps then I am wrong. I never play mine because of the rule. If there is not a max cashout I will play them. Does anybody know for sure?

I have cashed out from comppoints before, and was told that there was no max cashout, but wagering on it.
You better ask them yourself if you still don't believe me

 

[mattsgame]

Per the terms on the website. I ALWAYS read them before I take a bonus.

Any free money given, that does not require a deposit, e.g. a Non-Deposit Coupon, loyalty bonus, comps, VIP bonus, vanity card, manager deposit, competition/tournament prizes, compensation bonus, inconvenience bonus, birthday bonus etc. (unless otherwise stated) will have a maximum cash out of 10x the bonus given e.g. $50 given max cash out = $500. Excess winnings will be removed. Monies must be turned over at least 15x (unless otherwise stated) before any cash out can be made.(amended June 2004)
Old / Expired Link

I think the sort of comps Inet are referring to in those t&c are comps given to people for a bad run etc. So say you lost $300 and asked Inet what your rtp was and they threw you a free chip (comp) because it was bad then the max rule would apply to that.

Think I made sense

 

[chayton]

I think the sort of comps Inet are referring to in those t&c are comps given to people for a bad run etc. So say you lost $300 and asked Inet what your rtp was and they threw you a free chip (comp) because it was bad then the max rule would apply to that.

Think I made sense

yes that's right - there's no max cashout on comp points that you've earned but there is a WR. I wish iNet would change the term 'comp points' to something else (loyalty points?) because a lot of people get confused because of that term. Although the good thing is that the more loyalty points you accrue, the better your point to cash ratio is. So if you haven't cashed them in, you might actually get more $

You do not have permission to view link Log in or register now.

if you look under the redemption claim thingie there's a table that shows you what the conversion is. Personally I can't get them much above $5

 

[lettingyouknow]

Not worth it

Well after deposits of $1,775 my comp pts are 127 and I ONLY play slots. So my comp pts are worth $10.75. Funny thing is I am pretty sure my comp pts before I made tonight's deposits were already at 48 pts.

So yes $1,775 will get you $5 in comp pts, I know for a fact that I was at 48 before I made tonight's deposits. And 50 comp pts gets you $5.00.

Not sour grapes at all, but compared to other RTG's, I will steer clear of iNetBet from now on. It was rare to even get any freespins. Try asking them for a freechip like you get at the other RTG's, Club World, or Sloto.


iNetBet rarely gives you a freechip even after big deposits. They give out Managers bonuses, once a month, but even those are dismal. You have to deposit, $500 in a month to get a $25 managers bonus. IMHO

 

[DemonUK]

I'm pretty sure at the bottom of the page with the table it states in the t&c that there is a WR of 15x and max cashout of 10x.....or at least it used to.

 

[Tirilej]

Here is a link from an earlier thread that might will clear things up...again

https://www.casinomeister.com/forums/threads/inet-comps.39703/

 

[tooodoggs]

Thanks so much for letting me know that comp points do NOT have a max cashout!!! I guess i just read the terms and assumed....LOL you know what they say about assuming!!!

Here is a link from an earlier thread that might will clear things up...again

https://www.casinomeister.com/forums/threads/inet-comps.39703/

 

[Tirilej]

I do admit that they should change the word comps in the rules. If you and a lot of others are assuming that there is a max cashout they are not doing themselves a favour by keeping it like that.
So iNetBet...can you please change that so your customers know, then you don't have to dig up old threads to show us

 

[wobble33]

it would be even better if the casino rep could come on here and clear this up

 

[Tirilej]

it would be even better if the casino rep could come on here and clear this up

Why? If you read the link I posted it is the Rep that is clearing it up, but in another thread.

 

[chayton]

This is a question the rep has answered over and over since I've been a member here. I believe it was even me who asked it about 5 years ago...

https://www.casinomeister.com/forums/threads/inet-comps.39703/

https://www.casinomeister.com/forums/threads/cashout-at-inetbet.30778/

https://www.casinomeister.com/forums/threads/inet-comp-program.27619/

https://www.casinomeister.com/forums/threads/inet-comps-max-cashout.19306/

https://www.casinomeister.com/forums/threads/kick-in-the-b-lls.18373/

https://www.casinomeister.com/forum...kpot-win-and-not-been-able-to-claim-it.13950/

Anyhow that's back to 2006, I'm not going back any further!

EDIT: Sorry if I repeated your link Tirilej, I got confused.

 

[Tirilej]

Nothing to be sorry about. You did a great job digging and I didn't even do it myself. I got it sent in a pm
Since everyone doesn't believe what we are saying they should be convinced now

 

[sandman748]

Well now I'm starting to get annoyed. It's been two days since sending in the forms and no response back. Plus the last email they sent indicated they wanted me to make a deposit to "activate" my ecocard account. Well I can't make a deposit with a pending withdrawal. So another email to support, and another wait. Really took for granted the ability to call customer service.

 

[chayton]

Well now I'm starting to get annoyed. It's been two days since sending in the forms and no response back. Plus the last email they sent indicated they wanted me to make a deposit to "activate" my ecocard account. Well I can't make a deposit with a pending withdrawal. So another email to support, and another wait. Really took for granted the ability to call customer service.

Did you try contacting the rep here? I'll send them a PM to make them aware of your post just in case. It's kind of a catch-22 - can't cash out without a deposit, and can't deposit with a cashout. Can only withdraw $50 but you have to make a deposit first, but if you do are you still tied to the max cashout of the free chip? ...my brain hurts.

 

[Jasminebed]

I agree, contact the rep. Inetbet also has a Facebbook page, you could try asking there too, it's worked for some other people that have problems with contact.

I do think at every casino patrons that win on an initial ND bonus get special scrutiny.

I've been playing Inetbet a long time, and their communication failings are their only drawback IMO. After years of play, there's only been a couple of occassions for me personally.

 

[iNetBet Promos]

Hi All,
Thank you chayton for the PM.
sandman748 if you have an issue please contact our support team that is what they are there for. If you don't contact us then we cannot assist.nPlease send an email to [email protected] or drop me a PM here and we can answer any queries you any have
Best Regards
iNetBet Promos

 

[sandman748]

Hi All,
Thank you chayton for the PM.
sandman748 if you have an issue please contact our support team that is what they are there for. If you don't contact us then we cannot assist.nPlease send an email to [email protected] or drop me a PM here and we can answer any queries you any have
Best Regards
iNetBet Promos

I've just sent my fourth email to [email protected] in the last five days. From my previous email

"I have had a pending withdrawal now for two or three days now. I have sent my verification forms twice. The system will not allow me to make a deposit until that withdrawal is processed and since it has a max cashout, I do not want to deposit until it has been processed. My username is XXXXX"

Your response

"We're having some trouble verifying your account. This is because the address on your account does not match your forms.
We're therefore waiting on some proof of address, such as a bank statement or utility bill, in order to complete your verification.
You also need to make a verifcation deposit via Ecocard as instructed please."

Do you guys not read our emails? First off, my address is clearly shown on the government issued ID I sent. And second, your support staff completely ignored my question regarding the deposit. I'm a patient person and understand that you have policies regarding security that need to be followed. What I don't appreciate is a response back ignoring my question, and a post from the rep essentially blaming me for the problem by not going through the proper channels (which I have). I have every intention of depositing and likely being a fairly profitable player for Inet, but will not deposit a dime until I know that I will be paid the few times I manage to win.

 

[Jasminebed]

It's absolutely standard to require a recent utility bill or bank statement in your name as well as your ID, even if it does include your address.

If you haven't sent one already, get it out now.

 

[bpb]

Common sense dictates that once the player's balance was auto-adjusted down to the max-cashout amount upon hitting the wagering requirement, that the max-cashout should no longer apply should the player continue to play.

But online casinos are pretty short on common sense. Nice to hear though that Slotocash apparently gets this one right.

 

[LHofsdal]

I've just sent my fourth email to [email protected] in the last five days. From my previous email

"I have had a pending withdrawal now for two or three days now. I have sent my verification forms twice. The system will not allow me to make a deposit until that withdrawal is processed and since it has a max cashout, I do not want to deposit until it has been processed. My username is XXXXX"

Your response

"We're having some trouble verifying your account. This is because the address on your account does not match your forms.
We're therefore waiting on some proof of address, such as a bank statement or utility bill, in order to complete your verification.
You also need to make a verifcation deposit via Ecocard as instructed please."

Do you guys not read our emails? First off, my address is clearly shown on the government issued ID I sent. And second, your support staff completely ignored my question regarding the deposit. I'm a patient person and understand that you have policies regarding security that need to be followed. What I don't appreciate is a response back ignoring my question, and a post from the rep essentially blaming me for the problem by not going through the proper channels (which I have). I have every intention of depositing and likely being a fairly profitable player for Inet, but will not deposit a dime until I know that I will be paid the few times I manage to win.

Again, we see Inet state that they have not gotten anything about this previously, but proof was given they have. There really is a communication problem at the administrative office here.

This isn't the first time this has happened. Maybe Inet should have a system in place like another casino,(I can't remember which one) but when they reply to an e-mail it comes from "[email protected]. This way they can check to see if they did reply to an e-mail.

At this point, I think Inet should be open to any and all suggestions regarding their e-mail system, since they do not have a live support and will not get one.

Just a thought....

LH

 

[quber]

Inet just need to come up to date and have a proper communication system.

I don't know how many times I have read in these threads where the rep says 'just send an email to support and we'll sort it' when all the emails required have been sent already.

If they aren't going to do phones or live chat at least get a ticketing system that sends an automatic reply, so you at least know the email has been received, with a query number attached that you can quote in any ongoing communication.

They really are a pain in the **s to deal with.

Edit to add:

they could also teach their staff how to send polite emails, the ones that i have received are sometimes very abrupt and on the verge of being rude.