Valhalla
Ueber Meister
- Joined
- Jan 17, 2014
- Location
- Northern Ireland
I was going to prefix this thread "rep friendly" but I fear the only reps who would comment are those who represent casinos which process withdrawals quickly/instantly and/or manual flush (which is just as good).
I just don't get why this practice is still allowed. We all know why casinos have pending periods; in the hope players will reverse, carry on playing, and ultimately lose. I would truly love to hear a legitimate and realistic reason other than that, aside from a first withdrawal while KYC documentation is being processed - which is totally understandable. After that, and once a player is fully verified, withdrawals should be instant.
You could argue that some casinos don't have staff manning the payments department 24/7/365 and so this is sometimes the reason. But I would counter by arguing that they still take deposits 24/7/365 (and deposits are always instant), so why not pay out just as quickly and easily? And if it really isn't feasible to have staff on at all times, that shouldn't prevent withdrawals from at least "disappearing" from our casino balance until such time as they are actually processed and sent to whichever account we choose. And whilst it is on my mind, (regarding credit and debit cards) why can't casinos use the same system to send us withdrawals as we use to send them deposits? Why are our deposits instant, yet the casinos' withdrawals can take days?
The top rated casinos here at CM all share one thing in common - fast withdrawals. There is only a single casino in the top 20 that enforces a mandatory pending period (24hrs); BetSafe. Ranked 20th (at the minute). The rest have either instant withdrawals, manual flushing, or near instant (0-5 hours). 32Red used to be the standard bearer, the flag carrier, but when did their crown slip? When they started added pending periods, removed manual flushing and weekend payouts. Now they are ranked 23rd, which is the equivalent of Manchester United being relegated. It's quite a drop. The further down the list you go, the longer the pending period gets.
The UKGC started enforcing daft rules to "protect players", really important player protection rules like limiting the number of autospins and having to add a stop when balance decreases by rule. If they really wanted to protect players they would remove the ability to reverse withdrawals, enforce rules upon casinos to payout withdrawals instantly. That would be the protection players need from casinos that prey on a gambler's weakness. Removing autospin simply means we double-click more often, and probably lose quicker.
I've said before and I'll say again - Bryan (Casinomeister) should use his influence to put pressure on casinos to end this nonsense altogether. I personally feel that fast payments should be mandatory for accreditation, but failing that, the program used to calculate a casino's score here should be revised; having pending periods/no flushing should not simply be a 0.0 score (or however it works), but rather it should subtract a chunk out of the final score to reflect what is honestly a very shady tactic employed by so many casinos these days. IF it already does subtract a chunk, it ain't a big enough chunk.
Imagine visiting a B&M casino some Thursday evening, winning £1000 and being told by the manager:
Why is it OK for online casinos to do this? It's an affront to the industry and it needs ending.
I just don't get why this practice is still allowed. We all know why casinos have pending periods; in the hope players will reverse, carry on playing, and ultimately lose. I would truly love to hear a legitimate and realistic reason other than that, aside from a first withdrawal while KYC documentation is being processed - which is totally understandable. After that, and once a player is fully verified, withdrawals should be instant.
You could argue that some casinos don't have staff manning the payments department 24/7/365 and so this is sometimes the reason. But I would counter by arguing that they still take deposits 24/7/365 (and deposits are always instant), so why not pay out just as quickly and easily? And if it really isn't feasible to have staff on at all times, that shouldn't prevent withdrawals from at least "disappearing" from our casino balance until such time as they are actually processed and sent to whichever account we choose. And whilst it is on my mind, (regarding credit and debit cards) why can't casinos use the same system to send us withdrawals as we use to send them deposits? Why are our deposits instant, yet the casinos' withdrawals can take days?
The top rated casinos here at CM all share one thing in common - fast withdrawals. There is only a single casino in the top 20 that enforces a mandatory pending period (24hrs); BetSafe. Ranked 20th (at the minute). The rest have either instant withdrawals, manual flushing, or near instant (0-5 hours). 32Red used to be the standard bearer, the flag carrier, but when did their crown slip? When they started added pending periods, removed manual flushing and weekend payouts. Now they are ranked 23rd, which is the equivalent of Manchester United being relegated. It's quite a drop. The further down the list you go, the longer the pending period gets.
The UKGC started enforcing daft rules to "protect players", really important player protection rules like limiting the number of autospins and having to add a stop when balance decreases by rule. If they really wanted to protect players they would remove the ability to reverse withdrawals, enforce rules upon casinos to payout withdrawals instantly. That would be the protection players need from casinos that prey on a gambler's weakness. Removing autospin simply means we double-click more often, and probably lose quicker.
I've said before and I'll say again - Bryan (Casinomeister) should use his influence to put pressure on casinos to end this nonsense altogether. I personally feel that fast payments should be mandatory for accreditation, but failing that, the program used to calculate a casino's score here should be revised; having pending periods/no flushing should not simply be a 0.0 score (or however it works), but rather it should subtract a chunk out of the final score to reflect what is honestly a very shady tactic employed by so many casinos these days. IF it already does subtract a chunk, it ain't a big enough chunk.
Imagine visiting a B&M casino some Thursday evening, winning £1000 and being told by the manager:
"You can collect your winnings after 2 working days, but since Monday is a bank holiday you'll have to wait until Tuesday afternoon. However, you are free to come back any day between now and then (we are always open) and continue playing with your winnings..."
Why is it OK for online casinos to do this? It's an affront to the industry and it needs ending.