REVERSE WITHDRAWAL POLL

Are reverse withdrawals options a good thing?

  • Yes they are great and I often use them

    Votes: 2 3.4%
  • Yes they are good but I seldom use them

    Votes: 4 6.9%
  • No, they are a ploy to reduce cashouts.

    Votes: 50 86.2%
  • It is not issue one way or the other

    Votes: 2 3.4%

  • Total voters
    58
  • Poll closed .

Rusty

Banned User - repetitive flaming
Joined
Jul 23, 2006
Location
Manchester UK
Reverse withdrawals

The Casinos would have us believe that they include this option because many of their players want this facility.
But do you?


Please vote.
 

heatherad

Dormant account
Joined
May 12, 2007
Location
Canada
I would like to see the casinos come up with a system where if a player requests it, then the player can have the withdrawal *frozen* so to speak. This way it can't be touched until it is approved and on its way to your bank account.
 

GGW Laurie

Dormant Account
Joined
Jun 16, 2006
Location
In the Beautiful South !!
i have had them lock way over 20k for me before and leave 2 k in my balance and have hit very well on the 2 k. i think its a good thing imo if one can have self control over it and the casino keeps it frozen and doesnt tempt the player to have it unlocked but thats when you have to have self control cause they wouldnt be in bizz if they didnt want to get the winnings back...............................laurie............great poll rusty:thumbsup:
 

NASHVEGAS

Banned User - flamming, disrespecting admin,
Joined
Dec 10, 2006
Location
MERS
I would like to see the casinos come up with a system where if a player requests it, then the player can have the withdrawal *frozen* so to speak. This way it can't be touched until it is approved and on its way to your bank account.
As long as one gambles in a negative expectation game (not an advantage player), the funds will eventually end up exactly where they originated from. Only two legal ways around this, quit forever or hit a big lick and basically lower your future stakes and/or future frequency of play to a ratio so high in comparsion to past play that you may defy the inevitable. Every casino executive and gambling expert knows this. Not trying to rain on anybody's parade but this is fact!
 

heatherad

Dormant account
Joined
May 12, 2007
Location
Canada
I bet low wagers, never had the pleasure of hitting anything considered *big* and my few cashouts have only been $200. Probably because I've only won on bonus monies and never ever on my own deposits.
But you can bet if I ever hit anything big, its all coming home to ME :D
I've heard too many horror stories where folks have won big and just turned around and gambled it all away again.
 

NASHVEGAS

Banned User - flamming, disrespecting admin,
Joined
Dec 10, 2006
Location
MERS
I bet low wagers, never had the pleasure of hitting anything considered *big* and my few cashouts have only been $200. Probably because I've only won on bonus monies and never ever on my own deposits.
But you can bet if I ever hit anything big, its all coming home to ME :D
I've heard too many horror stories where folks have won big and just turned around and gambled it all away again.
I hope you hit the big one and then cease.....much respect:thumbsup:
 

refre

Dormant Account
PABnonaccred
PABnoaccred
Joined
Jun 13, 2003
Location
.
I want the option:

Yes they are great and I used them for the first time yesterday at 3Dice, and it was a great feature. :D

Freddy
 

Rusty

Banned User - repetitive flaming
Joined
Jul 23, 2006
Location
Manchester UK
Wasn't aware of that poll Simmo.
I guess any Casino that uses them then is giving their customers exactly what they don't want:oops:
As you say will be interesting to see if views have changed at all but I thought it was relevant poll given recent posts.
 

Rusty

Banned User - repetitive flaming
Joined
Jul 23, 2006
Location
Manchester UK
I want the option:

Yes they are great and I used them for the first time yesterday at 3Dice, and it was a great feature. :D

Freddy

Either that is a very dry sarcastic tone you are adopting or you had a nice win a take it :thumbsup:
 

tim5ny

Non-Gambler
Joined
Jun 8, 2003
I would like to see the casinos come up with a system where if a player requests it, then the player can have the withdrawal *frozen* so to speak. This way it can't be touched until it is approved and on its way to your bank account.

Exactly what 3Dice does for me all the time! :thumbsup:

Last night I was tempted to reverse $100.00 of my cash-in from the day before at 3Dice and I asked my friend Anna to look into it for me. She just replied, "Nope! Too late Tim!" lol! I love that girl!;)
 

heatherad

Dormant account
Joined
May 12, 2007
Location
Canada
Exactly what 3Dice does for me all the time! :thumbsup:

Last night I was tempted to reverse $100.00 of my cash-in from the day before at 3Dice and I asked my friend Anna to look into it for me. She just replied, "Nope! Too late Tim!" lol! I love that girl!;)

But not everybody plays at 3Dice :p
I might have tried them if they had the Instadebit option.
 

chuchu59

gambling addict
PABnonaccred
CAG
PABinit
Joined
Sep 26, 2004
Location
SOMEWHERE IN ASIA
I like the way Ausvegas handles withdrawals. There is no 'reverse withdrawal' button and if you really want a reversal you must contact support. This makes it a bit more troublesome for the player who might suddenly have the urge to withdrawal but once asked to contact support may decline to do so and cool down.
 

bryand

Beach Bum
Joined
Jan 9, 2008
Location
Just Across the Hudson River
Hmmmm.....

The "reverse withdrawal" option is no different than the "gamble" button on slots. Its a moot issue really.

I'm trying to analyze an interesting option at one casino: Get an immediate 40% bonus on reversals (between $500 and $2000 only). The only requirement is a 12.6x deposit only playthrough. Sometimes I wish I had studied to become an actuary.....it comes in handy. B
 

Rusty

Banned User - repetitive flaming
Joined
Jul 23, 2006
Location
Manchester UK
The "reverse withdrawal" option is no different than the "gamble" button on slots. Its a moot issue really.

I'm trying to analyze an interesting option at one casino: Get an immediate 40% bonus on reversals (between $500 and $2000 only). The only requirement is a 12.6x deposit only playthrough. Sometimes I wish I had studied to become an actuary.....it comes in handy. B

Reverse withdrawal bonuses are a scam.
Do not fall for it.
 

KasinoKing

WebMeister & Slotaholic..
webmeister
PABnonaccred
CAG
MM
Joined
Aug 25, 2004
Location
Bexhill on sea, England
The poll is already going exactly the way I expected.
When I make a withdrawal it's because I want my money out, not maybe, do I?, I'm not quite sure... I want it out!

That is one of the great things abut Crypto's - NO reverse withdrawal facility :thumbsup:


i have had them lock way over 20k for me before and leave 2 k in my balance........
...............laurie
Why do you post everything in bold type-face? Just curious!

KK
 

babs7262

Banned User
Joined
Oct 9, 2006
Location
PA
Ditto KK

If I wanted to gamble I wouldnt of w/d the funds in the first place. Heck..I asked CW to dump my $170, If I ever hit a RJ you get bet your life there would be no Reversal. I would do it this way:

If I were to win, lets say $7K, I would w/d atleast $6500.00 and have the $500 just to see what it's like to do $10 and 20 bets and that's it!
 

BubbleG

Full Member
Joined
Jul 12, 2004
Location
Earth, man!
I hate this feature!!!

We all know why the casino's say it is there, however if all withdrawls were processed immediately as we all know is possible then we could immediately re deposit if we so wished. The priciple being we remain in full control of our money just as we would in a B & M. Last time i was in Vegas I remember cashing in my chips frequently then going back to the tables. Just because i'm cashing in doesn't necessarilary mean i'm leaving the establishment.
 

USA2112

Dormant account
Joined
Oct 8, 2007
Location
USA
I don't think is wrong for casinos having the reverse withdrawal option, even though the casino does gain the possibility of players reversing withdrawals. But on the other hand, it is up to the player to have self control over their money when gambling. If you really want the money you withdraw forget about it until it is in your account or your hands, simple as that.

Then you have the good side to this option, I'm sure many players who have "self dicipline" have used the reverse withdrawal to their advantage to win more money to cash out. Just depends how lucky you feel and It can work both ways.

Its not the reverse withdrawal button that causes people to lose their money its the control they have when they use the bottons on the slot machines and poker machines ect. Just food for thought! :rolleyes:
 
Last edited:

lojo

Banned User - repetitive violations of <a href="ht
Joined
Jan 18, 2007
Location
USA
Firstly: I think it should be an OPTION that you have to ask for if it is available at all.

I had no use for the 'feature' when I could move my money how and when I wanted to with no fees. I may have used it a total of three times pre-uigea.

Now I love/hate it. It can take days or a week to fund an account (how fun is that?) and since I don't any sort of volume moving in/out/through that means I won't be able to play again for awhile when I cash out.. so I usually end up reversing all or part. QT made it a little easier, but I quit using it when they changed banks.

I don't think it's a convenience I think it's a slimy tool.

Many casinos offer Flush. That is a tool. But it shouldn't take two decisions to cash out. What if there were two "out" cages in a B&M? You go to the first one and get your temporary ticket the day before you leave... you can cash it in at any machine in the casino, but you can only cash out when you get to the airport in 24 hours. Re-freaking-diculous.
 

Simmo!

Paleo Meister (means really, really old)
Joined
May 29, 2004
Location
England
I would like to see the casinos come up with a system where if a player requests it, then the player can have the withdrawal *frozen* so to speak.

I've actually put a suggestion forward to Microgaming (via a 3rd party) that they implement an option for the player to choose his/her RW period. No response.

I ONLY play casinos that have no reverse time, an optional reverse time, will lower it for me or flush immediately. My list now comprises: Casino Action (Microgaming - instant Neteller + very fast flushing), 32Red (Microgaming - 1 hr reverse on request), Blue Square & Virgin (Wagerworks - no reverse), 3Dice (Instant neteller). I should really add Intercasino (Crypto - no reverse) but I just deinstalled them again after my PC was taken over by one Intercasino icon too many. Thought they might have stopped that but clearly I was wrong. But that's another story...

I ditched all the others although I have kept iNetBet & ToteSport for RTG/Playtech research purposes.

I hate promotions that encourage reversing cashouts. It stinks. Grand Priv are the latest and they'd just got back into my good books by lowering the reverse time to 6hrs too.

From a casino perspective there are two views: one view is that players play it back and lose and thats good. Another view is that players play it back, lose and get pissed off so move on. I'm in the latter category, but I used to just put up with it until I discovered that you could avoid it.
 

GGW Laurie

Dormant Account
Joined
Jun 16, 2006
Location
In the Beautiful South !!
The poll is already going exactly the way I expected.
When I make a withdrawal it's because I want my money out, not maybe, do I?, I'm not quite sure... I want it out!

That is one of the great things abut Crypto's - NO reverse withdrawal facility :thumbsup:



Why do you post everything in bold type-face? Just curious!

KK
....when i started posting awhile back i had no idea how to paste, do screenshots or any of that stuff, garry(nashvegas) and lojo have helped me so much in that area. now if i can only learn to underline:D ill have to get more lessons from garry and lojo but for now its just a personal thing, something ive learned to do from friends ive come a long way with my computer skills and i have a long way to go!!......................laurie
 

Zodiac

Senior Member
webmeister
PABaccred
PABnorogue
Joined
Feb 16, 2006
Location
Europe
i voted absolutely for NO, an explanation is superfluous
 

refre

Dormant Account
PABnonaccred
PABnoaccred
Joined
Jun 13, 2003
Location
.
I want the option:

Yes they are great and I used them for the first time yesterday at 3Dice, and it was a great feature. :D

Freddy

Either that is a very dry sarcastic tone you are adopting or you had a nice win a take it :thumbsup:

Ok, was a bit hung over today, so my brain wasn't working properly... :p
What I meant was I removed the reversal option at 3Dice, which they will happily do on request.

Thanks Rusty, wouldn't have noticed hadn't it been for your comment :)


Freddy
 

GaryWatson

Dormant account
Joined
Jun 15, 2007
Location
Europe
Damn, I voted no before I seen how many there was.

We go online to gamble & I have been a fool at times and lost what I would have kept had I seen the $$$

A possible security issue with the time delay, which I think is fair enough. Any live winnings I have had, Ive kept because I have seen the paper value
 
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