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Minimum withdrawal limits

Discussion in 'Online Casinos' started by zaaaaabaaaaam, Jan 13, 2011.

    Jan 13, 2011
  1. zaaaaabaaaaam

    zaaaaabaaaaam Dormant account

    Occupation:
    iGaming
    Location:
    wonderworld
    Just came by this thread by mere chance..I don't play as much casino as i play poker but it works pretty much the same way.

    I mostly play at fulltilt and the minimum withdrawal there is at $50. I have no issues with that as I never intend on making withdrawals less than that amount anyways. It's very understandable that casinos/poker sites do have min. limits on withdrawals. I mean the actual processing cost is not high but still there is a cost and when you think about the time spent for the finance dep and such it makes much more sense that there is a min withdrawal limit.

    Say for instance X casino have a min. withdrawal limit at $100 and 10 staff members in finance department. If X casino would remove the min withdrawal limit they would probably get 5-10 times as many withdrawal requests which would make it more or less impossible for for those 10 finance guys/gals to cope. It would mean A) withdrawals would take way more time to process (which would result in a lot of whining players) or B) they would need to hire shit loads of more staff members for the finance department, which at the end of the day would mean less payout % for casino players or more rake for poker players....or on a second thought, just less profit for the company :)

    just my two cents :rolleyes:

    [EDIT]
    Ah and also, if you are a small ball player who deposits a tenner every now and then. Say if you manage to play it up to say 30 bucks and want to withdraw but the limit is at $50, why not just leave the money in the account for a while and play later on when you feel like it and maybe you are lucky enough to get it up to $50 or even higher. I bet you my ass you didn't play in the casino to win 20 bucks in the first place. And if you cannot afford having 30 bucks in the casino account you shouldn't have played in the first place.
     
  2. Jan 13, 2011
  3. vinylweatherman

    vinylweatherman You type well loads CAG MM

    Occupation:
    STILL At Leisure
    Location:
    United Kingdom
    In that case, they are targeting a SHRINKING market with this product, even though the market as a whole (outside the USA) has been GROWING.

    Windows 7 has been out for well over a year, so should be considered the FIRST system to write software for, and THEN modify it for compatibility with other systems.
     
  4. Jan 13, 2011
  5. zaaaaabaaaaam

    zaaaaabaaaaam Dormant account

    Occupation:
    iGaming
    Location:
    wonderworld
    I am pretty sure it does work on windows 7, but it's pretty useless when you have the instant play function on the website which i think is way faster and more convenient.
     
  6. Jan 13, 2011
  7. Casinomeister

    Casinomeister Forum Cheermeister Staff Member

    Occupation:
    Homemaker
    Location:
    Bierland
    Last edited: Jan 13, 2011
  8. Jan 13, 2011
  9. leonardo99

    leonardo99 Senior Member MM PABaccred webmeister

    Occupation:
    homejob
    Location:
    romania
    True..60$ it's not a low payout..but many casinos have higher payout..100$ GrandEagle , TreasureMile, MandarinePalace..and not only.
    Read the Terms before depositing in one casino, and if you not like minimum payout just jump to another casino..
     
  10. Jan 13, 2011
  11. Nate

    Nate Ueber Meister CAG webmeister

    Occupation:
    Monster
    Location:
    Cyberspace
    Lol... Uhhmmm... I like Romancing
     
  12. Jan 13, 2011
  13. zaaaaabaaaaam

    zaaaaabaaaaam Dormant account

    Occupation:
    iGaming
    Location:
    wonderworld
  14. Jan 13, 2011
  15. dazlazz

    dazlazz Experienced Member

    Occupation:
    Prophet
    Location:
    London, UK
    If this thread is about min withdrawal limits - most of the Boss casinos have min withdrawal amount of 20Euro, apart from bank transfer.
     

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