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Your Opinions - would you pay to to gamble your own money?

Discussion in 'Online Casinos' started by ReggieMac, May 22, 2017.

    May 22, 2017
  1. ReggieMac

    ReggieMac Experienced Member

    Occupation:
    Senior Software Developer
    Location:
    UK
    Hi all, just wondering what peoples opinions are about being charged to make to a deposit to an online casino? Would you do this? Pay for the chance to not only win but lose money?

    From what I have seen so far there are quite a few online casinos that do this.

    I for one certainly would not, in fact I registered a new account yesterday with Rizk and went to make my first deposit. I then notice that a charge, albeit small, would be added to do so. I immediately requested my new account closed.

    Do you consider this a reasonable thing to do?
     
  2. May 22, 2017
  3. Casinomeister

    Casinomeister Forum Cheermeister Staff Member

    Occupation:
    Homemaker
    Location:
    Bierland
    It's reasonable if they mention it before you make a deposit. Actually, it's a moot issue. All casinos cover this cost one way or another. Rizk is just doing it as you enter the casino. :D

    They could just not doing when depositing, but they will cover it another way somehow - just like everyone else.
     
  4. May 22, 2017
  5. RichyJ75

    RichyJ75 Silly Member PABnonaccred

    Occupation:
    Dogsbody and personal servant to my kids
    Location:
    United Kingdom
    I'm in two minds about this. Yes, I appreciate it does cost the company to operate a card payment system, but these expenses can be included in their accounts and as such, be absorbed as a running expense and therefore reduce their tax bill since their profits would, in theory, be less.

    Should it cost the customer to shop at that place? Well, as Bryan has said, they would cover it another way somehow. If all is transparent in what you are paying, then no big issue as like you say, it is a relatively small charge. End of the day, who does it benefit the most? In my eyes, the casino since they are receiving money, but likewise the customer as it is convenient to use card payments instead of depositing cash off or doing a bank transfer, etc.

    To sweeten the deal, I think casinos charging to make deposits should at least process withdrawals immediately upon request!

    I dread to think how much in charges I have paid from using credit and debit cards for deposits/withdrawals as well as currency conversions, etc. But, I am aware of these factors and acknowledge it is all part of gambling!
     
  6. May 22, 2017
  7. ReggieMac

    ReggieMac Experienced Member

    Occupation:
    Senior Software Developer
    Location:
    UK
    You make a very good point there. You might think that having to pay a charge for a deposit could be the same for speeding up a withdrawal! Either wait the specified time or pay a small charge to speed it up! But of course no way that will happen as they want you to get itchy fingers with the withdrawal money sitting there for a few days tempting you to spend it again! :)
     
  8. May 22, 2017
  9. vinylweatherman

    vinylweatherman You type well loads CAG MM

    Occupation:
    STILL At Leisure
    Location:
    United Kingdom
    It's all about competition. It hasn't been the norm in online gambling to charge for deposits, so casinos that do can have a rough ride from players. Part of the problem is that players see the charge, but don't see any additional benefits from paying it when compared with another casino that does not charge for deposits.

    For those that don't charge, players don't see how the casino is covering the cost, so as far as they are concerned it's free.

    In the real world, we know that retailers also have to pay for accepting card transactions, but this isn't passed on to the customer, so the real world experience is one of paying the price marked on the shelf at the till, whether by card or cash. Shops of course include the costs in the price on the shelf.

    One problem for casinos is that they often charge far more than it actually costs them, and we know this thanks to a new European directive that severely limited what card issuers could charge their merchants, yet despite the passing of this new regulation, we have not seen a cut in the charges levied by casinos that charge for deposits.

    Debit cards cost very little, yet casinos often treat these as credit cards and charge credit card rates for player deposits.

    Deposit charges ARE putting players off, and if other casinos don't charge, competition should curb this practice.
     
  10. May 22, 2017
  11. goatwack

    goatwack Denny, two is great, but three is a crowd CAG

    Occupation:
    Stuntman
    Location:
    Londonia
    No, I don't think it's acceptable, it's up to them to absorb the costs in other ways. They're a business and shouldn't pass on their overheads onto the customer.

    It smacks of greed, there are plenty of businesses that don't penalise you for using their service. Hence, I'll give those that try it a wide berth, and choose to play at any of the multitude of other sites that don't rip you off before you've even begun.

    I won't encourage companies to fleece me before I've even pressed 'spin', it sours the session before it's even started :cool:
     
  12. May 22, 2017
  13. Googobucs

    Googobucs Meister Member

    Occupation:
    IT Manager
    Location:
    Florida, USA
    They charge fees because they can. If enough people stop playing because of the fee it will go away.

    The B&M near my home started charging for parking. Enough people complained that they started offering free parking for high rollers and then sending comps for free free parking on certain days and guess what?? Parking is now free.
     
  14. May 22, 2017
  15. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    No - I think it's outrageous! :mad:
    When Rizk first opened I was very excited about it and looking forward to playing there a lot - I think they could have become one of my regular places to play... But when I found out they charge to Deposit AND to Withdraw - that was it - no way are they getting regular deposits from me.
    Utterly stupid IMO - especially for players like me who deposit £300 - £400 at a time - they are losing the chance of me losing that to them just because they insist on these ridiculous charges. :(
    Their loss - Videoslots, Vera & John and Casumo get my money instead! ;)

    KK
     
  16. May 22, 2017
  17. colinsunderland

    colinsunderland Experienced Member MM webmeister

    Occupation:
    affiliate
    Location:
    uk
    I refuse to pay to deposit, stopped playing at Rizk for that reason, and Mr Green lost around £500 in deposits from me a week when they started charging. The only exception is if a casino offers something others don't, for example, before I closed my account due to their spamming, I would deposit at casumo as they had a large selection of Novomatic games that no other casino I was a member of had.

    I don't agree that the fee is still covered by the player at casino's that don't charge, well not always anyway. It can come out of their profits as an operating cost, plus, most casinos who charge deposit fees also seem to take the same costs from affiliate payments, so are they getting it twice from customers who signed up through an affiliate link?

    However, the fact remains, if I deposit £100 at Mr Green, it costs me £102.50. If I deposit £100 at Videoslots it costs me £100. I fail to see how videoslots are getting that extra £2.50 from me in any other way.
     
  18. May 22, 2017
  19. Vegasbum

    Vegasbum Senior Member

    Occupation:
    Teacher
    Location:
    Ontario
    I refuse to be charged extra for a deposit. Tell me the greedy bastards don't make enough on their slots?? I can go to my local land casino and they don't charge for me anything. Yes I know online casinos have different expenses but nothing like land casinos have....like huge hydro bills....100's of staff.....much more taxes than online have....up keep...ect.

    It is just greed and online casinos will take what ever you give them, and more. I will not pay it.
     
  20. May 22, 2017
  21. brianmon

    brianmon Meister Member webby mm4

    Location:
    uk
    And the likes of VideoSlots give a hell of a lot back for their no-fee-deposits - cashback, race winnings, weekly free spins, achievement awards, slot battles, etc

    Compared to Rizk's charged-for-deposits, with their feeble 'loyalty' scheme of a few free spins from their wheel (if you're lucky) after wagering 100's.
    and considering the instability of their platform, who's going to pay extra for lag and disconnections ?
     
  22. May 22, 2017
  23. colinsunderland

    colinsunderland Experienced Member MM webmeister

    Occupation:
    affiliate
    Location:
    uk
    Exactly, I keep seeing it mentioned that we still pay the fee, just in other ways, yet I've yet to see anyone actually explain how that is the case. Rizk is one of the worst as the rewards are terrible, but more to the point, the casino is rubbish, with constant lags and disconnects, which has been ongoing for months, maybe they should put these payment fees into actually making the platform work!
     
  24. May 22, 2017
  25. slot_zombie

    slot_zombie Experienced Member

    Occupation:
    Manager
    Location:
    UK
    Never paid a fee to deposit or withdraw, and never will. Just one £100 deposit per week and that's an extra tenner out of my wallet every month, no thanks.

    Let's face it, most deposits turn to dogshit and the casino gets to keep 100% of it. They are making an absolute fortune off of their slots. Charging money on top of this is just greed gone mad.
     
  26. May 25, 2017
  27. vinylweatherman

    vinylweatherman You type well loads CAG MM

    Occupation:
    STILL At Leisure
    Location:
    United Kingdom
    That's just plain daft, it's a CASINO, they WANT people to park and then stay as long as they can keep their eyes open. This is why casinos don't have clocks, never close, and offer free drinks and food to players to ensure they don't wander off the premises for a snack. I expect they took their customers for granted, and decided to get a little extra from them by effectively introducing an entry charge on top of the RTP charged by the games.

    A fee for depositing is effectively an "entry charge" for an online casino, and is something best avoided. A withdrawal charge is a better option as the player is going to be in a better mood having beaten the house. In a land casino, this good mood might lead to a tip for the dealer (in the US at least), and online it would make a player more willing to pay a withdrawal fee, especially if a perk was offered like immediate processing.
     
  28. May 25, 2017
  29. ShadyFei

    ShadyFei Full Member

    Occupation:
    Academic Charlatan and Cat Herder
    Location:
    Canada - West Coast
    It defies logic that a casino would ask me to pay extra for the privilege of giving them my money. Especially percentage: the more you deposit, the more fees you pay! Brilliant business model. Fees are a strong disincentive to depositing money. I do not and will not ever play at Rizk or any other casino that charges me a fee to take my money.

    Casinos that charge deposit fees leave me with the impression that they might be a bit dodgy and make it difficult if/when I try to withdraw winnings. Even if the casino has been accredited and deemed reputable. I know this may not be fair, but the practice leaves me with a bad taste in my mouth and it is a deal-breaker. Why would I choose to play at casinos like that when there are so many other choices?
     
  30. May 25, 2017
  31. spintee

    spintee Meister Member webby mm2

    Occupation:
    gambler :)
    Location:
    Northants
    Outrageous charging for deposit or withdraw, I do not mind a small charge to be fair but I deposit small.

    If you big depositor and get a charged % than it can add up. I wonder how many players a casino have lost due to the fee's?

    As long as there upfront about it I see no problem with a small charge but they will be shooting them self in the foot, there are not many sites I do get charged but like I said as I deposit small its not really noticeable, take slotmagic and sister site's for a £20 depo it cost me £20.50 I can live with a 50p charge but if you depo say £200 than that charge soon whacks up as would be a £5 charge or if a big spender and depo 2k its a £50 charge

    I know U.K has some rules about charging excessive rate on card use. even 2k deposit than £50 is far to much to much to charge. I am not really clued up on what is actually charged when use a card but I know it cost a fraction of what some sites charge you
     
  32. May 25, 2017
  33. goatwack

    goatwack Denny, two is great, but three is a crowd CAG

    Occupation:
    Stuntman
    Location:
    Londonia
    It's all a bit cloack and dagger, and I don't know the full accuracy of these figures, but they would indicate that companies turn a profit just off their card charges, and not just to cover overheads:

    What the CMS says a retailer typically pays on a £100 sale:

    Cash: Zero. The shop gets £100
    Debit card: 8p per transaction. The shop gets £99.92
    Credit card: 0.8 per cent. The shop gets £99.20
    Premium/rewards card: up to 1.6 per cent. The shop gets £98.40


    Could be wrong for all I know but it makes you wonder :cool:
     
  34. May 25, 2017
  35. spintee

    spintee Meister Member webby mm2

    Occupation:
    gambler :)
    Location:
    Northants
    I know a few boys that own shops and many of pubs. I do not really ask what the charges are but I am sure the last I heard was about 12p a transaction

    Thats another thing I am not happy with one bar staff as the other day the buggers was charging me 50p a splash of lemonade in my wine, I make sure I get a few free drinks next time I am in there, Not just casino inflating the price lol
     
  36. May 27, 2017
  37. davidsmith56

    davidsmith56 Senior Member

    Occupation:
    retired civil servant
    Location:
    Kent,United Kingdom
    Unless there is some way by which the charges made by the credit and debit card companies can vary from casino to casino then there is no justification for a casino to apply charges especially in relation to deposits and as already mentioned,the charges are far higher than those imposed by the card companies,especially for debit card transactions.There are enough decent casinos out there who realise that they can easily cover any charges they have to pay without making any dents in their profits.I have never heard of a land based casino charging an admission fee and any that did would soon see customers voting with their feet.
     
  38. May 27, 2017
  39. Playford7

    Playford7 Senior Member

    Occupation:
    Offshore worker
    Location:
    North east England
    Yes but that depends upon the payment method. I played at casumo the last few weeks and didn't have a charge as i used a alternative payment method, the withdrawl was also fast and efficiently dealt with twice in a week. Zero charge.
    However, I don't see a need for a casino to charge a Deposit or withdrawl fee, unless that fee would guarantee a payment in less than 24hrs, and don't see that happening anywhere. Where in reality it could, easily.
    Last year for example, I played at a nektan casino. I called up personally asking what kyc they wanted on top of my passport and bank card.
    They told me nothing else, and they made my withdrawal that morning. It was in my account before 2pm the same day.
    So if they wanted to process your withdrawals, efficiently and swiftly they can. We all know the reasons (some) don't.
     

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