Reef Club casino.. Absurd cashout delays

pokermaven

Dormant account
Joined
Oct 18, 2003
Reef Club publicly states that it takes 6 buisness days to process a neteller cashout. Wow, these people are really slimeballs. They take the money out immediately yet wait a week to send back your winnings.

Why the hell would anyone play there?
 

Macgyver

Dormant account
PABnononaccred
Joined
Feb 3, 2004
Location
North Carolina
Why the hell would anyone play there?
Because they were offering (at least a few weeks ago when I played) a 100% bonus up to $200 with only 10X the bonus WR.

6 days is nothing and everyone I know who took them up on this new offer and withdrew have gotten their money with no ID or anything.
 

frafi

Full Member
PABnonaccred
Joined
Oct 27, 2003
Location
Germany
What is the problem with 6 days?
You will receive the money for sure, and that is the point.
 

pokermaven

Dormant account
Joined
Oct 18, 2003
What is the problem with 6 days?
You're not very bright are you?

The problem is not the processing time. The problem, is that they allow you to reverse your cashout for a period of 5 days. Now when I make a cashout, I WANT TO CASH OUT. I have no plans to reverse it.. This casino preys on compulsive gamblers like vultures. They give the player 5 full days to reverse a cashout. Now while I would not reverse it, I know many who would within that timeframe.

I just think it is a very scummy way of doing buisness.
 

Casinomeister

Forum Cheermeister
Staff member
Joined
Jun 30, 1998
Location
Bierland
pokermaven said:
....these people are really slimeballs...
Watch the namecalling. Lest we forget this forum is for everyone; who's to say they are not members here as well. Would you appreciate it if they came here and called you a slimeball? :what: Me thinks not.

Additionally, their support personel probably frequents this board. How would you like to be at work busting your ass to feed your family, and some guy in some forum is calling you a slimeball?

Let's keep these things in check and be mellow on the language. If you have a legitimate beef with Reef Club, let eCOGRA be aware.
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chuchu59

gambling addict
PABnonaccred
CAG
Joined
Sep 26, 2004
Location
SOMEWHERE IN ASIA
pokermaven said:
You're not very bright are you?

The problem is not the processing time. The problem, is that they allow you to reverse your cashout for a period of 5 days. Now when I make a cashout, I WANT TO CASH OUT. I have no plans to reverse it.. This casino preys on compulsive gamblers like vultures. They give the player 5 full days to reverse a cashout. Now while I would not reverse it, I know many who would within that timeframe.

I just think it is a very scummy way of doing buisness.
Yep,you are definitely the brightest one of all. Like frafi,I would have taken your earlier post and the phrase 'absurd cash delays' to mean that you are not happy waiting 6 days for the withdrawal. Never mind,you are in a world of your own since you are really very offensive in your use of language and are unlikely to acquaint anyone with your level of IQ.
 

jerseyguy11

Dormant account
Joined
Aug 3, 2004
Location
new jersey
name calling aside, 6 days is rather silly to process a cashin to an online account. this group is big and reliable, but people dont want to wait this long for a cashin. Myself included.
 

murder1

<a href="http://www.casinomeister.com/meister_awar
Joined
Mar 15, 2003
I asked them about their 5 days waiting policy. I was told this was to insure that they receive their deposit before making any payouts. They want to make sure your deposit clears. Their headquarters is in Israel and are real JEWelry merchants and loves money.
 
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mitch

Dormant account
Joined
Sep 30, 2004
Location
UK
Hey! I understand why people want to make challenging statements sometimes, it can make threads more interesting.

That last post smacks of racism however and is completely out of order. :(

Bryan, you need to stamp on this pretty quickly and pretty firmly IMO.

Mitch
 

pokermaven

Dormant account
Joined
Oct 18, 2003
Watch the namecalling. Lest we forget this forum is for everyone; who's to say they are not members here as well. Would you appreciate it if they came here and called you a slimball? Me thinks not.
The support people are very friendly. I was referring to the management/owners.
 

Casinomeister

Forum Cheermeister
Staff member
Joined
Jun 30, 1998
Location
Bierland
mitch said:
Hey! I understand why people want to make challenging statements sometimes, it can make threads more interesting.

That last post smacks of racism however and is completely out of order. :(

Bryan, you need to stamp on this pretty quickly and pretty firmly IMO.

Mitch
Please note that murder1 has joined the coveted league of "banned users". Besides posting a racist remark, he has a produced a pattern of hateful postings.

And unfortunately it looks as though murder1 has been committing player fraud. I'm checking into this at the moment.
 
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Casinomeister

Forum Cheermeister
Staff member
Joined
Jun 30, 1998
Location
Bierland
pokermaven said:
The support people are very friendly. I was referring to the management/owners.
Fine. Banned for 30 days.
 

Macgyver

Dormant account
PABnononaccred
Joined
Feb 3, 2004
Location
North Carolina
I'm thinking of trying this casino but cant find the T&C to the 100% sign up bonus. Any help please.
In my case, I deposited the $200 and received their advertised 20% bonus of $40. However, I emailed them about the 100% offer and received a reply within 1-2 days stating that they had credited my account with the further $160.

The T&C are still the same as the 20% offer (at least they were when I played a few weeks ago. Players must wager 5X the deposit before they can withdraw.

Here's an excerpt:

The "First Deposit Bonus" may be Cashed Out only after an amount totaling no less than five (5) times the First Deposit amount has been wagered (i.e. to Cash Out a $20 Bonus, received for a $100 First Deposit, the Member must wager a total amount equaling no less than $500).
The "First Deposit Bonus" will not be applied in conjunction with any other offer or promotion.
Wagers on Roulette or Craps bets do not qualify.
Reef Club Casino Bonuses, excluding the "First Deposit Bonus," may be Cashed Out only after an amount totaling no less than five (5) times the Bonus amount received has been wagered (i.e. a $20 Dollar Bonus must be wagered in a total amount equaling no less than $100).
Wagers on Roulette or Craps bets do not qualify.
 

bethug

Banned User - Winner of the "<a href="http://www.c
Joined
Apr 20, 2003
IF you a new customer and depost by creidt card i can see, but if you been there for over 6 months and depoist by neteller they should pay you in less than 3 days, most micros pay you in 3 days or less.
 

sw2003

Dormant account
Joined
Apr 25, 2004
Location
somewhere :)
murder1 said:
I asked them about their 5 days waiting policy. I was told this was to insure that they receive their deposit before making any payouts. They want to make sure your deposit clears. Their headquarters is in Israel and are real JEWelry merchants and loves money.

But the 5 day waiting period starts at the day you make a withdraw, not when you made a deposit therefore this explanation doesn't make any sense!
 

jerseyguy11

Dormant account
Joined
Aug 3, 2004
Location
new jersey
bethug said:
IF you a new customer and depost by creidt card i can see, but if you been there for over 6 months and depoist by neteller they should pay you in less than 3 days, most micros pay you in 3 days or less.

most micros pay you in 1 day.
 

bethug

Banned User - Winner of the "<a href="http://www.c
Joined
Apr 20, 2003
name the micros that pay in one day, only a few

bellrockgroup takes 2 to 3 days

The fastest i been paid was 32 red and that was last week i believe
They paid me in one day
 

kangamick

Dormant account
Joined
Oct 19, 2004
Location
Australia
I made the $200 deposit but now you have me worried caruso. Is this Erik Shirak still running the casino? They are not on the casinomeisters rogue list so fingers crossed.
 

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