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I Hate the Reverse Withdrawal Facility

Discussion in 'Online Casinos' started by Webzcas, Mar 23, 2016.

    Mar 23, 2016
  1. Webzcas

    Webzcas Winter is Coming! Staff Member

    Occupation:
    Webmaster
    Location:
    Block S25, South Stand, Ashton Gate, BS3
    (/vent)
    Just venting steam really. Casinos should not have this 'facility' or at the very least should allow you to 'flush' your pending withdrawal upon request. The Reverse Withdrawal only benefits the casino and certainly not the player. In the hope that players reverse their withdrawal and spend it and lose it at the casino.

    I am currently nearly 24 hours in a 48 hour pending state with my withdrawal at Grande Vegas. I've hit a brick wall work wise and guess what? The temptation to reverse and while away some time 'playing' is there. Doesn't help there is now some $7k in there grrrr

    Well it's not going to happen. I'm going to go home, then come back into the office in a couple of hours refreshed and WORK and not play my winnings back.

    (/vent)
     
    14 people like this.
  2. Mar 23, 2016
  3. dionysus

    dionysus can turn wine into water CAG MM

    Occupation:
    n/a
    Location:
    I'm a Canucklehead
    Delete the casino client :thumbsup:
    Temptation? *Poof*

    Stay strong - think of how that 7K is a nice holiday fund
     
    1 person likes this.
  4. Mar 23, 2016
  5. philderby1

    philderby1 Senior Member

    Occupation:
    factory worker
    Location:
    derby
    Yea I know what you mean, Im waiting on a withdrawal from 32red, Its by no means my biggest win however In the past there have been way too many withdrawals that shouldn't have been reversed.

    My patience is miles better than it was around two/three years ago so cant see it being reversed.

    Just keep reminding myself about my last session on 888 and with no communication I lost $900 errrgh

    Will never play there again even though the poker competition is so soft!
     
  6. Mar 23, 2016
  7. dunover

    dunover Unofficial T&C's Editor Staff Member CAG PABnononaccred PABnonaccred PABinit mm3 webmeister

    Occupation:
    International Money Launderer
    Location:
    the bus shelter, opposite GCHQ Benhall
    I've got something to keep you occupied and take your mind off of that pending balance burning a hole in your casino account....:D

    Seriously, it IS shit and exists for solely one reason. To give you time to come down from the win and 'reconsider' your playing options. Your post here confirms to the casinos firstly why they SHOULD have a pending period and secondly why they will never get rid of it. After all the acclaimed and feted 'colour number' that didn't originally have one made a 'business decision' to impose one. So kudos to the casinos that are fast paying casinos. :thumbsup:
     
    8 people like this.
  8. Mar 23, 2016
  9. Harry_BKK

    Harry_BKK Senior Member CAG mm1

    Occupation:
    job is OK
    Location:
    Balcony
    I was told some time ago by a very reliable source (employed by one of the big casino groups) that they saved on average 30% in payouts since they introduced the pending period years ago. :eek:

    Do you think they will remove that? It is a huge profit booster.

    They will only change when players stay away and stop depositing. However, those with pending periods are all big guns and for them 1000 players more or less won't matter. It would need a lot more to really hurt them and that is not possible to mobilize. Players are just to gullible, important to them is that they can play and are getting paid eventually :confused: :eek:

    We could try and call it a "Flu(a)shMob" against pending periods. :D :D
     
    7 people like this.
  10. Mar 23, 2016
  11. Harry_BKK

    Harry_BKK Senior Member CAG mm1

    Occupation:
    job is OK
    Location:
    Balcony
    Exactly dunover and stopped paying on weekends as well :(

    I am totally fed-up when that is popping up in some discussion and people are posting something like:

    Really gets me up to wall every time. :( :mad: Makes me wanting to scream: "You can get paid in minutes nowadays, you du****s" :rolleyes:
     
    7 people like this.
  12. Mar 23, 2016
  13. goatwack

    goatwack Praise the Sun! CAG

    Occupation:
    Stuntman
    Location:
    Londonia
    Reversing is by far my biggest weakness, I actually gag when thinking about how much I have lost. Harry's point about 30% of casinos' income being 'made' via players' reversals rings true.....I was going to state that I have easily forfeited about 20-30% of my bankable winnings, mainly due to hating the abrubtness of the inevitable bust and wanting to carry that feeling of winning going.

    Casinos aren't chumps and know that we crave that feeling, and will almost always encourage it, it is a core part of their business. Even places of excellence have adopted this stance, which is sad but true. I don't know what a 7K withdrawal even looks like though, one 'tactic' I like to employ is to leave a few playing funds in the account and play on at lower stakes so as to resist the urge, although in principal this could be considered the same thing!
     
    3 people like this.
  14. Mar 23, 2016
  15. dunover

    dunover Unofficial T&C's Editor Staff Member CAG PABnononaccred PABnonaccred PABinit mm3 webmeister

    Occupation:
    International Money Launderer
    Location:
    the bus shelter, opposite GCHQ Benhall
    I have done so a few times in the past but not for a long while now. I get into a battle of wills - the stupid pending period makes me angry, so I get a personal rage up towards the casino. "F*ck-off with your stupid pending period you try and dress up as a customer 'convenience' - it's MY effing money, YOU are paying me END OF!!"

    And not a further play at their site until they have. ;)
     
    1 person likes this.
  16. Mar 23, 2016
  17. Jono777

    Jono777 Meister Member CAG mm4 mm1

    Occupation:
    Self- Employeed
    Location:
    Wolverhampton
    I've never reversed once in 14 years not have I even been tempted........



    I Hate the Reverse Withdrawal Facility: Untitled.png,Mar 23, 2016

    Stay Strong and good luck :thumbsup:
     
    8 people like this.
  18. Mar 23, 2016
  19. PaaskeDenmark

    PaaskeDenmark Always think positive CAG PABnoaccred webmeister

    Occupation:
    Clerk with shipping discounts worldwide
    Location:
    UnKnown
    I have got much better at not reversing withdrawals. Instead I blow the money at a couple others casinos :D

    Have found myself to be really strange when I win big like couple weeks back I first won £1900 at Guts and also around €2500 at casumo. So basically total was bout £3900. I took out £500 cash also spoiled my girlfriend with £200. Bought some things as well and treated with dinner. But then to blow the remaining in 2 weeks playing most late nights really makes me angry on myself.

    I will admit yeah got problem but I have got better at "banking=making the withdrawals instead carry on playing" Also taking out cash or remove money from my neteller. But then again I slipped couple weeks ago with these almost £4000. Get upset and angry at same time GRRRRRRR.

    Also Had a $1500 withdrawal at Kudos Casino. But when I checked they need that silly form you have to print and sign etc. I though oh man cant be bothered as it was Saturday and they wont proccess until monday and was told verification could take 48-72 hours. So reversed and went down to around 200 got up to 1200 down to 300 up to $900 and then yeah ZERO.

    That is the problem as most of us are gamblers and we love to play and we love the thrill of those big wins. I have really got the problem with getting down to earth again after nice big wins like those almost £4000 I just had.

    If anyone can give me idea what to do next time it happens. As I have improved in lot of areas. I guess the main thing is to totally stay off gambling for 1 week for future after maybe a big withdrawal / win. That is my plan for now anyways :p
     
    7 people like this.
  20. Mar 23, 2016
  21. goatwack

    goatwack Praise the Sun! CAG

    Occupation:
    Stuntman
    Location:
    Londonia
    Nope, I'm shit out of ideas. And probably the worst person to give advice on reversals, but as you'd just spend it elsewhere that's not really a problem! It's very easy to say here and everyone's circumstances are different, but if I ever won big I wouldn't allow myself to gamble it away somewhere else....

    I think your original idea was best as you're trigger happy with money, you're best off paying off outstanding bills perhaps or just splashing it on something tangible. Just spend a large proportion of it on something 'good' so that whatever you've left yourself is disposable.

    I also read somewhere on here recently whereby a member has a savings account that can be easily paid into but takes ages to withdraw from and loses you interest in the process. Chuck a load in there and don't look back I say!

    I also found taking up hobbies that were once dominant in your routine is great too, say gaming for example. I always insist that I'm actually a fan of video slots more than 'just' regular slots. I think a lot of appeal lies in their visuals, so I say swap one 'layabout' vice for another.

    When immersed in something else I find myself not missing gambling a lot, as it is not at the forefront of my mind. Playing slots day in, day out can actually take precedence over all else and you'll probably surprise yourself at how easy it is to break this trance.

    Now I'm off to attempt to follow my own advice :eek:
     
    3 people like this.
  22. Mar 23, 2016
  23. cncas2123

    cncas2123 Senior Member MM

    Occupation:
    Manager
    Location:
    Belfast
    Simples.....

    Take a 24H/48H cool off from the site until the withdraw is processed, it used to be the only thing that would work for me, take the temptation away, try a few quid somewhere else safe in the knowledge your withdraw will be processed and will be on its way to you.
     
    2 people like this.
  24. Mar 24, 2016
  25. Webzcas

    Webzcas Winter is Coming! Staff Member

    Occupation:
    Webmaster
    Location:
    Block S25, South Stand, Ashton Gate, BS3
    Snap, same here and I reversed $600 this evening. RAH!!! :mad:

    But then I withdrew $1000 an hour later :D

    Seriously I hate the Reverse Withdrawal feature/facility. It is not a facility it is a ploy by a casino to make you lose your winnings, before you even see them. However, tomorrow night, I won't be anywhere near the internet, other than on my phone.
     
    4 people like this.
  26. Mar 24, 2016
  27. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    I don't have a problem with it personally - never ever used it, never ever will.
    You need to learn a bit more self-control matey ;)

    But I do agree - it would be MUCH better for players if NO casinos had this reverse period.

    KK
     
  28. Mar 24, 2016
  29. Harry_BKK

    Harry_BKK Senior Member CAG mm1

    Occupation:
    job is OK
    Location:
    Balcony
    That was me goatwack.... and it works really well...... as i am self-employed i have to look after my own retirement fund and since i want to retire at 55 (47 now) i have to feed that savings account regularly.

    I had it for some 20 years now. First it would be monthly payments but about 10 years ago when i changed to freelancer I stopped that and do now larger payments whenever i get a bigger commission payment or after receiving the dosh from a big win.

    About 20-30% of a big win go straight into that account and since it has a 30 days request period for a withdrawal it never ever tempted me to touch that money. Add that any withdrawal comes with a penalty where i have to waive the complete interest for the running year and it becomes even more unattractive to withdraw a part. I would sure due it in a case of an emergency but certainly not to feed my gambling.

    As for reversals, i started to activate a 24-48hr break period at 32RED whenever i have a withdrawal pending. Nowadays, that is the only casino which has a pending period and i still play at regularly. Hence, i beat them with their own strategy.....they make me wait for my money, i make them wait to see me playing again. :D :p

    Last year at 32RED alone i lost 17K in withdrawals due to that damn' "pending and reversing" :mad: not anymore now :thumbsup:

    There is no real advice one can give to someone to prevent a reversal. I do it mostly when i have run out of budget for the week and got 1 or 2 withdrawals pending. And 98-99 times /100 it is always the same story - start with a small reversal, lose it, another small one, lose it, another small one, lose it, reverse a bigger sum, lose that too, reverse the lot, recover a little, still lose it in the end. :rolleyes:
     
    Last edited: Mar 24, 2016
    4 people like this.
  30. Mar 24, 2016
  31. puppydog07

    puppydog07 Dormant account

    Occupation:
    medical
    Location:
    australia
    Are there any microgaming casinos who still flush withdrawals!!

    On the subject of pending withdrawals can anyone tell me if the are any good down loadable microgaming casinos who still have the ability to flush withdrawals....
    thanks Puppy
     
  32. Mar 24, 2016
  33. Harry_BKK

    Harry_BKK Senior Member CAG mm1

    Occupation:
    job is OK
    Location:
    Balcony
    GoWild / Wild Jackpots - request on LiveChat, do it before 11.00am GMT or 10.00pm ACT to be paid the same day.
    CR group - for VIP's, send email to support before 10pm GMT as they are based in Sydney or 09.00am ACT

    Both groups are CM accredited!!! :thumbsup:

    EDIT: Edited the post probably 5 times now, i am sitting in BKK, posted the times in GMT and then i saw you are in Australia :D
     
    Last edited: Mar 24, 2016
    4 people like this.
  34. Mar 24, 2016
  35. lockinlove

    lockinlove Staring into the sun PABaccred

    Occupation:
    I work :D
    Location:
    Canada

    I have learned so much since starting to gamble. I used to tilt and chase losses which was very bad for my finances. I stopped doing this. I set myself a bottom line and kind of say "ok I deposit $300 more and if it doesnt work out I stop for awhile" and I stick to it.

    I have also learned I am not invincible and once you get a nice hit or two and your balance starts going down and down. Stop and cashout. Because this is how you lose it all. Set a bottom line always. So say you deposit $200 and run it up to $900. You say to yourself the bottom line is $700 or cashout and leave yourself $200.

    Ive also done as you before. Win in one casino then go and lose it in others. Ive learned to take a $100 of my winnings and try another casino and maybe take a bonus to increase play time and see what I can do.

    In the past two months ive been so lucky its crazy. Up $8000. And im pretty much a low roller (.75-1.50) bets. So yeah those kinds of wins is really crazy for me. I decided to take $200 into my playtech casino for a change of scenery and $200 back on the site I won all that money. If I lost. Break time. I lost in the playtech casino and won $340 in the other. I was up $600 but lost $260 back. But because I set myself a bottom line I didnt lose that profit back and cashed out.

    Any sign of coldness I would stop for awhile and enjoy the money. Even though I won that session, when I lost the $260 back it was due to my fav hot slots I have been winning on going cold.

    I havent played in a few days like I told myself and am awaiting for $6000 to arrive in my account. (as ive already received the other $2000 already)

    I find Its all about self control and setting bottom lines and sticking to it
     
    2 people like this.
  36. Mar 24, 2016
  37. EbeeDog

    EbeeDog Senior Member MM

    Occupation:
    Retired
    Location:
    Akron OH
    Hi Harry,

    Yeah, guilty as charged here. I only include little comments like that on the Data Forum etc. so that maybe newer folks from my...um..."region" :rolleyes:.....will at least know who pays regular. It must seem ridiculous to you folks elsewhere seeing someone have to wait days to get paid but what can we do? We don't have Skrill or Neteller. We don't have many options period and they all suck.

    The thing is, I don't see this changing anytime soon. With a casino on every corner (Indian rez's, and any piece of land remotely connected to water - "Riverboat" law) and all that, they are going to lobby like mf'ers to squelch any kind of i-gaming until they figure a way to milk it. They would have never gotten away with it in Jersey except for that it's a mob state and Christie (Gov.) is probably getting a chunk, or was forced into it. (JMO)

    I've just resigned myself to it and consider it a trade-off for the privilege(?) of playing in my home.

    As far as the thread here, it has been my experience if you don't make habit of reversing, it seems to get flushed quicker - not my original idea; I seem to have read that in a post somewhere on here.
     
    2 people like this.
  38. Mar 24, 2016
  39. Harry_BKK

    Harry_BKK Senior Member CAG mm1

    Occupation:
    job is OK
    Location:
    Balcony
    Sorry Ebee, i hope i have not offended you. I know and understand the situation in the "Big Land of the Free", it must be very frustrating.

    My comment was directed at players from other parts of the world where e-wallets and quick withdrawal options are fully available.
     
    1 person likes this.

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