I see more and more casinos and sportsbooks say fast payouts,
Is fast payouts 5 days? or 24hours?
Is fast payouts 5 days? or 24hours?
bethug said:I see more and more casinos and sportsbooks say fast payouts,
Is fast payouts 5 days? or 24hours?
bethug said:I see more and more casinos and sportsbooks say fast payouts,
Is fast payouts 5 days? or 24hours?
cipher said:Anything short of same day payouts is a very good indicator that a casino is not well funded and that they are in fact using player deposits to shore up themselves.
bpb said:However, Casino-On-Net has one of the longest cashout times. All indications are that they have a huge player base, and are extremely profitable and stable. Yet they take 5-7 business days to pay even established customers. They also have subpar software (in my opinion), and pitiful game selection. Why have they flourished?
Ed Ware said:Hi Cipher
Very happy to respond as this is an issue very close to our hearts. I believe it's pretty straight forward in that it means players get paid as fast as is physically possible. The only constraints to immediate payment are third parties (such as the banking systems) which in many countries do not operate at the weekend (I ask you!). That apart, once the player shows up at the cashier / teller / and in our case, banking screen and requests payment, then that is it: "get on with it please and pay me"!
I realise there is a raft of differing opinion on this score throughout the industry and many operators choose to play it in an alternative way. However, it's our policy to pay without delay with a very limited (or none at all) reverse cash-in period.
Hope this is a worthwhile contribution, regards
Ed Ware
32Red
sming said:Fast payout, or even better, instant payout, should mean much more to the casino than the player. Why? Because "instant payout" stands for rock-solid financial backup. It wins instant player trust, the most valuable commodity in gaming industry. The instant success of Phoenician Casino in reputation in cyberspace and the woeing at the news of it changing to MG where "instant payout" is not yet possible is proof in point. Don't you agree?
-sming
paul02085 said:Excellent post Sming. I would like Mr. Ware to explain if 32 Red (or any Microgaming site) has the ABILITY to offer instant withdrawals to NETELLER.
If so, why isnt it offered?
If not, is there anything that can be done so that it can be offered?
Dont get me wrong i am not dissing on 32 Red. I am just asking a question that only someone who works with Microgaming can answer.