- Joined
- Sep 21, 2013
- Location
- currently in US
I was looking through the terms and found the following which limits your withdrawals from progressives:
Old / Expired Link
"6.5.4 Progressive Jackpots are paid in installments depending on the size of the Progressive Jackpot. A player can cash-out up to $30,000 USD (or the equivalent amount in EURO, GBP or other currencies) per month for jackpots below $250,000 USD. A player may cash-out up to $75,000 USD per month for jackpots between 250,001-1,000,000. A player may cash-out up to $200,000 USD per month for jackpots between 1,000,001 to 3,000,000. Jackpots greater than $3,000,001 shall be paid the rate of $300,000 USD per month until jackpot is paid in full. Withdrawals depend on verification of jackpot and all required documents as set in clause 9.4 and adherence to all terms and conditions of the casino set forth in these terms and or, bonus/promotional terms that player may have received at the time of the jackpot win. The Online Casino reserves the right to amend these installment amounts."
Since Playtech awards casinos the money in a lump sum, this is very unfortunate and illustrates a desire by the casino to pressure the player into playing back winnings. I was also under the impression that it disqualifies a casino for accredited status as stated here:
https://www.casinomeister.com/rogue-casinos/
While not as terrible as some casinos that may take years to pay out, if you win a big enough progessive you might be looking at 8 months of withdrawals to get your money. It also seems to indicate a casino that doesn't value their customers and would rather take advantage of them. The casino also sometimes require players to physically mail a copy of notarized id to the Philippines for normal withdrawals, another method which I suspect may be designed for players to play back the money before cashing out.
This is unfortunate because otherwise from what I've seen, Omni is reasonably well regarded on here. And again, someone correct me if I'm wrong, but it appears as if the limitation on progressive withdrawal should disqualify them from being accredited.
Old / Expired Link
"6.5.4 Progressive Jackpots are paid in installments depending on the size of the Progressive Jackpot. A player can cash-out up to $30,000 USD (or the equivalent amount in EURO, GBP or other currencies) per month for jackpots below $250,000 USD. A player may cash-out up to $75,000 USD per month for jackpots between 250,001-1,000,000. A player may cash-out up to $200,000 USD per month for jackpots between 1,000,001 to 3,000,000. Jackpots greater than $3,000,001 shall be paid the rate of $300,000 USD per month until jackpot is paid in full. Withdrawals depend on verification of jackpot and all required documents as set in clause 9.4 and adherence to all terms and conditions of the casino set forth in these terms and or, bonus/promotional terms that player may have received at the time of the jackpot win. The Online Casino reserves the right to amend these installment amounts."
Since Playtech awards casinos the money in a lump sum, this is very unfortunate and illustrates a desire by the casino to pressure the player into playing back winnings. I was also under the impression that it disqualifies a casino for accredited status as stated here:
https://www.casinomeister.com/rogue-casinos/
While not as terrible as some casinos that may take years to pay out, if you win a big enough progessive you might be looking at 8 months of withdrawals to get your money. It also seems to indicate a casino that doesn't value their customers and would rather take advantage of them. The casino also sometimes require players to physically mail a copy of notarized id to the Philippines for normal withdrawals, another method which I suspect may be designed for players to play back the money before cashing out.
This is unfortunate because otherwise from what I've seen, Omni is reasonably well regarded on here. And again, someone correct me if I'm wrong, but it appears as if the limitation on progressive withdrawal should disqualify them from being accredited.