Omni cashout 4days not 24hr

[Osloking]

Hello everybody!

I just found that Omni casino prosess the withdraw after 4 days, so the (whitin 24hours) is not correct, i emailed the support and they sent me this :

"Your withdrawal request will be in pending status for four (4) business days
while being reviewed by the relevant department."

 

[vinylweatherman]

Hello everybody!

I just found that Omni casino prosess the withdraw after 4 days, so the (whitin 24hours) is not correct, i emailed the support and they sent me this :

"Your withdrawal request will be in pending status for four (4) business days
while being reviewed by the relevant department."

This is what most Playtech casinos do. Maybe they only take this long for the first withdrawal, so what really matters is the timescale once they have verified your documents, which can be measured on the second withdrawal.

The reply is a little worrying though, since they make it clear the 4 days is the pending time before they even consider releasing it, rather than an ass covering period of time to take account of varying delays with payments once released going through their processor, and arriving as a credit in the player's withdrawal method.


Many casinos have been increasing the pending time recently, and some that used to pay within 24 hours now say 48 hours pending, even 72 in a few cases.

 

[Osloking]

When i opened acount at Omni i first sent all my doc (passport and a bill) so i will be able to cashout fast, this is so obv that they want people to play their winnings.

i sent another email and got this answer:

"We would like to inform you that for withdrawals, we are forced to follow
certain procedures which take the processing a while longer.

In addition, we want to protect our players’ interests by means of verifying
that all withdrawal requests are legitimate and that we are sending the funds
to the right person.

As for you other concern, we are continuously updating the details in our
casino website for our players. In addition, we will also update our casino
details with our affiliate sites.

During this time you can cancel your withdrawal request and return these funds
to your casino account."

after this i will never play at this casino again...

 

[ergopro]

At Omni you can ask your account to be frozen until the withdrawal is paid.
At least they did that a while back.
Just ask support.
If you feel it's likely that you'll reverse it because of the long pending period.

 

[leonardo99]

Why Bet365 can pay in few hours, including weekends?

 

[rainmaker]

Why Bet365 can pay in few hours, including weekends?

Centrebet (Playtech) also pays within a few hours. There is really no good reasons why a casino would have a 4 days pending time (business days). The explanation from Omni (above) is just silly.

 

[cerdikola]

Genting Casino and Circus Casino will flush and process instantly if you ask in the live chat.

 

[Simmo!]

Hello everybody!

I just found that Omni casino prosess the withdraw after 4 days, so the (whitin 24hours) is not correct, i emailed the support and they sent me this :

"Your withdrawal request will be in pending status for four (4) business days
while being reviewed by the relevant department."

Sad but true. I am sure it used to be less but I clarified this with them today:

The four (4) business days pending period is standard to all withdrawal
requests, this is whether we have player’s documents or not. The pending
period may lengthen depending on player's response to the documentation
request, if there is a problem on the withdrawal method chosen, there is a
technical issue on our end, etc.

A real shame as they seemed to be really heading in the right direction over the past year or two. Ah well. Rules me out.

 

[vinylweatherman]

You seem to have confirmation that Omni have now changed to a 4 business day pending period, and they have attempted to justify this as being for YOUR protection. They also make it clear that they are going to update their marketing partners who are still quoting a 24 hour cashout period.

They are lying of course, since EVERY casino want to ensure that withdrawals are paid to the correct person, yet other than for a first withdrawal, they do NOT take 4 days to verify that everything is in order.

It is like the banks lied about needing 3 days to clear a payment made over the internet, the same time as it takes to process a paper cheque. They were lying, and the regulator (for once) didn't buy it, and banks are now being told to speed up the process. The banks did NOT need the time in the first place, but money allocated to such payments was placed on moneymarket overnight accounts to grant the banks 3 days of the interest that really belongs to the owner of the money, and to help boost their liquidity.

The casino's processor may also be gaining an extra 4 days interest on monies being processed for players, as well as saving them money by being able to hold up processing to any one destination so as to benefit from economies of scale when they do eventually process the funds in a "batch".

Only if they lose quite a few players because of this policy will they change their minds, so it is important that the correct information is reflected in their marketing, so they should inform Bryan of this so that the accredited list remains as accurate as possible.

Send Bryan a PM detailing your gripe, and the explanation you received about a 4 day pending period now being policy for ALL withdrawals, not just first withdrawals.

 

[rainmaker]

Sad but true. I am sure it used to be less but I clarified this with them today:



A real shame as they seemed to be really heading in the right direction over the past year or two. Ah well. Rules me out.

Agree, a real shame. If a player request a withdrawal on a Friday afternoon/night, then Omni won`t process the withdrawal before Thursday (4 business days + Sat/Sun)...That is 6 days!

It is absolutely unacceptable for a casino to have a 4 days pending time in my opinion. If this is the way Omni wants to do business, then I will recommend players to choose another Playtech casino from the "accredited list".

Maybe the rep will give some feedback here?

 

[Osloking]

they had no problem when i have total deposited 900euro within 3 weeks, and i asking for my 450euro winning they act like i want to borrow money from them.

They canceled my withdraw after this (weekend) so i can withdraw after weekend, offcourse when i logged inn and saw the money i started to play little bit and as you know it went very bad, but first i won 100euro from 0.60bet so continued and lost it all on rulett red 16 times in row pluess 2 times 0..


I signed on Omni becouse i saw it on accreited list (soorry for my english) but somethimes the good list is not that good..

 

[ergopro]

Agree, a real shame. If a player request a withdrawal on a Friday afternoon/night, then Omni won`t process the withdrawal before Thursday (4 business days + Sat/Sun)...That is 6 days!

The pending period doesn't count out weekends.
They'd get the withdrawal on Tuesday.

 

[vegas788]

thats the same on all playtech casinos ! Dont understand why Casinomeister put 24 hours !!

 

[vinylweatherman]

they had no problem when i have total deposited 900euro within 3 weeks, and i asking for my 450euro winning they act like i want to borrow money from them.

They canceled my withdraw after this (weekend) so i can withdraw after weekend, offcourse when i logged inn and saw the money i started to play little bit and as you know it went very bad, but first i won 100euro from 0.60bet so continued and lost it all on rulett red 16 times in row pluess 2 times 0..


I signed on Omni becouse i saw it on accreited list (soorry for my english) but somethimes the good list is not that good..

That's even WORSE that taking 4 days. Reversing the withdrawal back into the player's account for no reason is NOT acceptable for an accredited casino, and they had better come up with a good reason for doing so in this case. It is NOT acceptable if it was done simply because the player withdrew near a weekend. They should let the withdrawal remain, and process it as normal when they are ready to.

This all seems to suggest there has been a recent decline in the quality of this operator, and they have begun to implement a few of the tricks that the less reputable Playtech casinos try.

Do they pay progressives in full, or apply the weekly/monthly cashout limits?

 

[rainmaker]

thats the same on all playtech casinos ! Dont understand why Casinomeister put 24 hours !!

Just a comment,
As previously stated, there are several Playtech casinos that pays very quickly, for example Centrebet and Bet365. So the 4 days pending time is not "standard" for every casino that uses Playtech.

I think that Omni is the only Playtech casino listed on the accredited list that practice this awful 4 days pending time. I don`t believe that Bet365, Betfred, Centrebet and Tote practice this. (Bit unsure about Circus? )

 

[Simmo!]

thats the same on all playtech casinos ! Dont understand why Casinomeister put 24 hours !!

It's the default time set by Playtech but, as Rainmaker says, there are a few who process much quicker. One or two don't even have a Reverse period.

As a general (rough) rule, any Playtech with Israeli back-office operations make you wait the 4 days (or 2 at best) while those with UK-based operations (or within it's jurisdictions) are usually 24hrs or less. It's a culture thing.

 

[rainmaker]

It's the default time set by Playtech but, as Rainmaker says, there are a few who process much quicker. One or two don't even have a Reverse period.

As a general (rough) rule, any Playtech with Israeli back-office operations make you wait the 4 days (or 2 at best) while those with UK-based operations (or within it's jurisdictions) are usually 24hrs or less. It's a culture thing.

Thats a good general rule

I must say it is a surprise for me to see that a casino like Omni actually chooses to practice this. There are also good Playtech casinos ,who don`t are on the accredited list, like William Hill and Betfair who pays much faster. I have actually not seen a reputable Playtech casino before who uses this default setting. So...yeah, it is a surprise.

In my opinion, a casino who practice this 4 days pending time (maybe more correct to call it a bad strategy), can not be on the accredited list.

 

[leonardo99]

Thats a good general rule

I must say it is a surprise for me to see that a casino like Omni actually chooses to practice this. There are also good Playtech casinos ,who don`t are on the accredited list, like William Hill and Betfair who pays much faster. I have actually not seen a reputable Playtech casino before who uses this default setting. So...yeah, it is a surprise.

In my opinion, a casino who practice this 4 days pending time (maybe more correct to call it a bad strategy), can not be on the accredited list.

I must agree again with you..I think Omni casino will lose many players with 4 days pending time..Why to choose Omni casino when you can choose a casino that pay in few hours (including weekends) or 24 hours...

 

[vinylweatherman]

I must agree again with you..I think Omni casino will lose many players with 4 days pending time..Why to choose Omni casino when you can choose a casino that pay in few hours (including weekends) or 24 hours...

The standards for accreditation only have this:-

Must pay winnings in a timely manner.

No explicit maximum limit is quoted, so provided Omni can show that it is NECESSARY to have this 4 day wait, they still meet this standard.

They may have a struggle showing this, since many other casinos find it "necessary" only to have a 24 hour wait, and some have even less.

The reply they gave tried to make out this was a "necessary" period, needed to ensure payouts went to the correct person. I would ONLY believe this for a first withdrawal, as a number of additional checks need to be made. Once these checks are made however, it should no longer be necessary to take 4 days for subsequent withdrawals.

Cancelling a withdrawal and placing the money back into a player's account however, IS a clear breach of the standards for accreditation. Even worse is that they didn't even bother to ask first, nor offer an incentive. The only reason given seems to be that because no processing is done over the weekend, they placed the money back into the players account so that they could carry on playing, and/or withdraw again after the weekend.

 

[Simmo!]

There are also good Playtech casinos ,who don`t are on the accredited list, like William Hill...

WH? I thought they had a 48hr pending period in place now?

 

[rainmaker]

I agree VWM.

I actually registered at Omni (4-5 months ago) because I wanted to play with higher bets than what "my casino" Centrebet offer on some high variance slots (great blue, penguin vacation, Irish luck etc...). But I chose not to deposit (I have used Bet365 instead), because I noticed that they used up to 21 business days for withdrawal by wire transfer.

21 days is just crazy in my opinion.

(I withdraw by wire if I can`t use my credit card).

By the way, Centrebet uses 1-5 days on wire transfer.

 

[rainmaker]

WH? I thought they had a 48hr pending period in place now?

I did not see you comment before I replied

Yeah, I think they have a 48H pending, not sure. But I see that as acceptable for those who really wants to use them. 48H is maximum of what I see as acceptable.

Me personally would not use a casino that has a 48H pending.

 

[deucebag]

Thats a good general rule

I must say it is a surprise for me to see that a casino like Omni actually chooses to practice this. There are also good Playtech casinos ,who don`t are on the accredited list, like William Hill and Betfair who pays much faster. I have actually not seen a reputable Playtech casino before who uses this default setting. So...yeah, it is a surprise.

The "casinos" you've mentioned aren't actually casinos, they're bookmakers offering a casino on the side. For the vast majority of Playtech casinos, 4 days is standard. Casinos in general, regardless of software, pay slower than bookmakers.

 

[aceking123]

hi not all playtechs are four days , prestige i have nailed down to 48hrs , there standard is 4 days ,but if you play weekly & things they do take your tier level into account , circus casino , grovesnors , genting , which are all uk casinos b&M , seem to be faster than standard playtech casinos , maybe omni casino needs to sharpen up there withdrawals as this can only affect the players.

 

[rainmaker]

The "casinos" you've mentioned aren't actually casinos, they're bookmakers offering a casino on the side. For the vast majority of Playtech casinos, 4 days is standard. Casinos in general, regardless of software, pay slower than bookmakers.

Yes, I can understand what you mean. But we are clearly talking about their casino section in this forum, and I assume that it is the bookmakers casino who are listed in the accredited list. So I don`t see it as important if they are a casino or a bookmaker with a casino.