Is the end of Reverse Withdrawal in the UK nigh?

[News Hound]

As new formal guidance from the UKGC bans operators from using the 'facility' during the ongoing Covid-19 pandemic. Full details: End of Reverse Withdrawal for the UK?

 

[dunover]

This doesn't mean necessarily people get paid quicker, although it's in the casinos' best interests to do so if they want re-deposits.

 

[News Hound]

This doesn't mean necessarily people get paid quicker, although it's in the casinos' best interests to do so if they want re-deposits.

Sure, but what it does mean is that the temptation to reverse is removed. This is a big win for players!

 

[shadow123]

Casinos have fought tooth and nail for years to prevent this happenning,
must have made a fortune over the years and it sounds like at last the party is over.
Think the proccessing times will be greatly reduced as there is not longer any incentive
for them to hold your money.

 

[pinnit2014]

I see L and L casinos have implemented this

 

[Flyingslotsman]

Good, that's awesome news

 

[Downsman]

Good news.

 

[Spikie]

Good news definitely . Recently I have been playing more at Sky Vegas , didn’t see any reverse option there .
They do seem to be ahead of any UKGC changes , stopped feature buys and gambles before most other places.

just wish they would get more slots providers though ,.

 

[pinnit2014]

Good news definitely . Recently I have been playing more at Sky Vegas , didn’t see any reverse option there .
They do seem to be ahead of any UKGC changes , stopped feature buys and gambles before most other places.

just wish they would get more slots providers though ,.

Their withdrawals are completely instant - bank with Barclays it's in as soon as ur finger comes off click withdrawal button.

Slot limitation is a disadvantage with them, as are their rather rubbish promo's but if they've got the games you want there's little reason to play elsewhere.

 

[colinsunderland]

Good news definitely . Recently I have been playing more at Sky Vegas , didn’t see any reverse option there .
They do seem to be ahead of any UKGC changes , stopped feature buys and gambles before most other places.

just wish they would get more slots providers though ,.

Have they ever had the reverse option? I closed my account about 6 months ago but previously to that I had used them for over 10 years and never saw a reverse option, the withdrawals were processed instantly.

Would like to hear if Aspire have removed it, along with some others, 32red etc

 

[pinnit2014]

Novibet still allow you to reverse, though you can disable it.

Only played at them and L and L today so don't know about any of the rest.

 

[shadow123]

grosvenor and mecca are still allowing reversals

 

[colinsunderland]

I don't know how much notice casinos had to implement this, but certainly casinos who have added the reverse option recently, should be able to remove it again pretty quickly. SO GVC sites shouldn't take long. It might be harder for sites where its been there from the start (although shouldn't be) but for any sites that have a lock facility, then it should be simple too, just create a flag to set all withdrawals to locked immediately, would probably take 15 minutes to code that and implement it at most. Any casino who doesn't is clearly stalling.

 

[Scott1baird]

when did it come into force?

 

[colinsunderland]

today

 

[Scott1baird]

today

good to hear, didnt even know about this, so what happens if you made a reverse today?

 

[Scott1baird]

Does that mean that anyone who done a reverse today and either won or lost should have the money reinstated to the withdrawal method? and yes I know it works both ways in the case that you won more after the withdrawal.

 

[Gaz237]

21 casino don't seem to of got the memo.

Have a withdrawal still pending and reversible since yesterday afternoon.

 

[shadow123]

When you think about it there should never be any pending periods now,just processing time ,will be interesting
to see if this time is reduced and it might show how much the casinos were taking the piss

 

[colinsunderland]

When you think about it there should never be any pending periods now,just processing time ,will be interesting
to see if this time is reduced and it might show how much the casinos were taking the piss

I'll put money on most casinos start processing them within hours, the reverse option is only there to generate more income for them, the money sitting there for days can't do that. Whereas, especially if its an instant payment, a fast withdrawal can lead to a new deposit.

 

[colinsunderland]

21 casino don't seem to of got the memo.

Have a withdrawal still pending and reversible since yesterday afternoon.

It only came in today so presumably your withdrawal was before the measure was brought in.

I'm sure I saw somewhere the UKGC said it must be implemented as soon as possible, but I can't find it now. If thats the case, no doubt casinos will take the piss and take weeks to do it. I would be arguing with customer service though if it was pending and showing them the updated rules.

 

[Mr_Slot5]

Their withdrawals are completely instant - bank with Barclays it's in as soon as ur finger comes off click withdrawal button.

Slot limitation is a disadvantage with them, as are their rather rubbish promo's but if they've got the games you want there's little reason to play elsewhere.

For some reason, sky's withdraws aren't instant to NatWest, even though I can get my withdraws instant to card elsewhere. I wonder why this is??

 

[pinnit2014]

For some reason, sky's withdraws aren't instant to NatWest, even though I can get my withdraws instant to card elsewhere. I wonder why this is??

Not sure why they’ve not enabled the Visa Direct for the RBS Group; once I used my RBS there and expected it back straightaway but takes the normal few days: you’d have thought If they did it for one group they’d do it for the others. They were one of the first I think to roll it out with Barclays and looks like they’ve just stopped at them...

 

[Luckyscouser45]

For some reason, sky's withdraws aren't instant to NatWest, even though I can get my withdraws instant to card elsewhere. I wonder why this is??

Same with my halifax card

Not sure why they’ve not enabled the Visa Direct for the RBS Group; once I used my RBS there and expected it back straightaway but takes the normal few days: you’d have thought If they did it for one group they’d do it for the others. They were one of the first I think to roll it out with Barclays and looks like they’ve just stopped at them...

rbs instant for me it’s a newer card tho maybe why

 

[deepsky2]

Here comes more lower rtp I bet!