ForumAllmän diskussion om spelandeWHY DO YOU THINK SOME CASINO PAYOUT WITHIN HOURS AND OTHERS TAKES WEEKS? SHARE YOUR THOUGHTS.

WHY DO YOU THINK SOME CASINO PAYOUT WITHIN HOURS AND OTHERS TAKES WEEKS? SHARE YOUR THOUGHTS.

1 år sedan av johnphuu1
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1 år sedan

With my online gambling experiences which takes me back 30 somewhat years when I used to play on dial up to how amazingly fast online casinos have come. With all these advances, some casino which Im not going to name any names takes weeks to pay out, some within hours and some instantly within minutes. Let talk about the weeks of processing to approval to finally reaching you. Some of these casino say deposit with crypto and you withdraw will be faster, which is somewhat true but not really. I spoke to customer support asking what is the process time with crypto, they said up to 7 business days to review your withdraw and up to 2 weeks to send out becaue they use an outside source to process the payments. My experiences, the fastest I received my winning was 2 weeks, longest was almost 2 months.


The casinos with instant withdraw meaning within minutes not instant. I notice those casinos are very tight and limits how much you can win. Im sure there are those who do win big but I dont think there are much.


There are those wonderful casinos that process within 24 hrs which all my experiences has been under 12 hrs most cases. They offer the same deposit methods and cashout methods as the casinos that takes weeks. I notice these casinos dont really offer too much bonuses tho but they do give incentives for logging in everyday. I think they dont offer too many bonus because they dont need to. Players come there to play because of the games the quick withdraw process which I think is SSSSSOOOOOO key and because have won big one time or another and withdrew it.



See my theory is the long wait is they know most of us are degenerate compulsive gamblers who can not wait that long so we reverse our withdraws to lose it back. Thats smart but also mean uses the tricks to lure you in but wont let you leave with your winnings. I experience winning over 10-20 thousands dollar to never be able to withdraw because of this long wait. Im not saying its their fault but they know us and they know how to make us lose it back. The thing is I would probably lose it back anyways because everyone goes back to where they won and gamble loosing most back but at least we would be able to use a lil for something else. I understand that their ultimate point is to take our money but dont be so greedy that you use tricks to get more. Thats my experiences and of course its my opinion Im sharing. Tell me your stories and your thoughts.


The casinos that process within hours of withdraw request

johnphuu1
1 år sedan

Hello, thank you for bringing up this interesting topic. I'll try to be brief.

First of all, there are two groups of casinos - casinos that are slow in terms of withdrawals and verification, because it's part of their business strategy and casinos that are slow for other reasons.

I'm convinced that the casinos that intentionally stall your withdrawals are very rare. Additionally, whenever you win a few hundreds or even a few thousands, you can be almost sure that even if the withdrawal takes ages, it's not the case of stalling if you made a deposit in the casino. If you won with a free bonus, that might be the case...

Getting a depositing customer into a casino is pretty expensive. It differs by casino and market, but let's say you need to spend approximately 200-300 USD to get 1 depositing customer into your casino. You can be sure that the casinos don't want to risk losing you because of intentionally slowed withdrawal for 400, 500, 600 bucks. They want to keep you there and get their investment back including your winnings.

Sadly, it's not difficult to have your own casino and the quality differs a lot. Here comes the second group of casinos with slow withdrawals. First of all, the important aspect are the human resources. When you're a small casino with a few employees, some get sick, some go on vacation, then you suddenly get into trouble. In some cases, customer support agens are the same people who approve withdrawals manually. When the marketing department screw up a promotion (for example then send you a message saying you have 30FS on your account and you don't have it there), then the support gets flooded by queries from customers. They usually recover from it after a few days. Then, logically, they don't have time to process the pending withdrawals.

Better casinos have better software and processes. In many casinos, withdrawals are processed automatically, but there are a few requirements. For example your account has to be verified, you didn't use a new payment method in the account, the amount isn't over a certain limit etc.

Then the payment providers and banks come into play. When I worked in a casino, we experienced many technical glitches on payment provider's side when the payments simply didn't work for a few days. It was difficult to reach the payment provider and get any info from them. They just said they're working on it and that was it. When it comes to banks, some banks simply stop cooperating with certain payment providers and they refuse to accept the payments. In such cases, the casino needs to look for another option, but it takes many days until the casino figures out that the issue is actually on the player's bank side.

To sum it up, the factors differ, but according to my experience, it's usually due to lack of human resources. I'd say that's the issue no. 1. They simply have too many withdrawals in a queue and too many documents for verification. The second aspect are payment providers and banking. For example even if there wasn't a war, it simply wasn't that easy to for example send money from Russia to your account in the US or send money from an unlicensed casino in German to a German bank account.

Ändrad av författare 1 år sedan
Daniel
1 år sedan

What your say is true that banking is a problem, but in this case its crypto. No banks. Its also advertised on their site that by depositing by crypto you will get a faster withdraw. I inquired by asking their support how long is the processing for crypto and same time frame of 1 week min for review and 2 weeks for processing. I asked about their their promotion of quicker withdraws by crypto and how much quicker? She or he did not have an answer and apologized. This is hard earn money players spend to gamble at a site and to me over 2 weeks is not acceptable. it only takes seconds to accept your money but to get any winning 2 weeks and over? Most payments and withdraws now a days is through crypto. With the lack of employees is the casinos fault because what? They want to save on cost? Really?? If they are that busy that means they are doing well because most players lose when they play. I do understand the hick ups of systems going down or something unexpected happening. Do you think that its acceptable to have to wait that long to receive your winnings when you already lost so much. Look at it at a players view.

johnphuu1
1 år sedan

I completely understand what you're saying and I'm definitely not trying to defend the casino(s). I'm just telling you how it is. Waiting for 2 weeks for a crypto withdrawal is complete bullshit. It may happen occasionally when their crypto wallet gets blocked, they may have issues with connection between the casino system and the wallet etc., but it can't be the standard. It's rather an edge case.

Casino where crypto withdrawals take 2 weeks simply isn't a good casino, because they apparently do something wrong.

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