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Low Withdrawal Limits at Casinos

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Viewing 15 posts - 1 through 15 (of 16 total)
  • Author
    Posts
  • #833344
    irmacrowston
    Member

    Thanks for the heads up:wink-wink

    #833345
    wbprofits
    Member

    thanks for the info.

    Sent from my GT-I8160 using Tapatalk 2

    #833352

    Thanks for the info Dave. It annoys me when casinos put such a low payout limit on.

    It also begs the question are they doing it because they are new and don’t have the financial backup to pay more in a single payment? Doesn’t make me feel confident to recommend players to a place that does that. As a player, I’d avoid them like the plague.

    #833355
    misswigg
    Member

    wow 2500 a week is ridiculously low

    #833356
    gokken
    Member

    @brodog 251661 wrote:

    It also begs the question are they doing it because they are new and don’t have the financial backup to pay more in a single payment?

    Maybe I’m spoilt as a player at 32Red but this is one online casino group who are about as close to a land based casino as you can get.

    IDK why the software providers don’t conduct more rigid due dilligence on prospective gaming operators. MGS used to run a fine tooth comb through every potential client but even they seem to have given up that idea since they are dishing out these quickfire platforms.

    But as always it’s the players and affiliates who get shafted when and if things go haywire, hey!

    #833358
    Captainette
    Member

    Throughout the past decade I have never come across any reputable online casino that offers such terms. Back in the days of USA casinos most RTG’s used to have monthly $4k limits, which is even worse. However, I would not and will not recommend such joints to any customer.

    #833388
    Anonymous
    Inactive

    Pretty sad to think 3300 is going to break a casinos bank!

    #833390
    uniquei
    Member

    Hi Dave,

    I completely agree with you. I notified their affiliate manager Rebecca Baldacchino about this thread, hopefully she can give us an explanation as to why this site has such a low weekly withdrawal limit. Btw. we market Quasar Gaming and have mentioned it in our casino review as well.

    http://www.cassaon-casino.com/reviews/quasar-gaming-casino/

    #833392
    Anonymous
    Inactive

    Jackpot247 has a £5000 monthly withdrawal limit.
    32 Red has a £120,000 DAILY limit.

    #833393
    Captainette
    Member

    @Cassaon888 251706 wrote:

    I notified their affiliate manager Rebecca Baldacchino about this thread, hopefully she can give us an explanation as to why this site has such a low weekly withdrawal limit.

    No need to ask. The reason for such limits is obvious.

    #833394
    uniquei
    Member

    @Halelovas 251709 wrote:

    No need to ask. The reason for such limits is obvious.

    ”Thanks for bringing this to my attention. I appreciate that the limit might be low for high rollers but we have also previously paid out above the limit on numerous occasions.

    I will discuss this with my boss and will get back to you and will also reply to the thread.”

    Let’s hear what Rebecca has to say first and then we can take it from there.

    #833395
    Jenny
    Member

    Maybe there are legal reasons for the 2500 limits due to money laundering or fraud schemes. I agree that it is quite obvious that they want the players to keep the players money in THEIR account. Not fair.

    #833396
    eoepkeemmi
    Member

    Dear all,

    My name is Rebecca and I represent the affiliate team at Quasargaming.com. I will definitely be forwarding all of your above comments to the management.

    On the other hand, our policy is in place because we all know that regulated casinos are forced to pay out even in the unlikely event that there is a software bug. This limit is in place not because we pay out at those rates, we have paid higher amounts in the past, and if the limit were true then this would not be possible. A Casino can’t risk that for example a bug which releases a 10 Million Euro payout can not at least be spread so that LEGIT WINS can be paid out with priority. The Duty of the Casino is to protect its interests because ultimately it needs to protect player interests.

    Please go ahead and research our casino and let me know if your results are; players complaining about our withdrawals or praising us for our fast pay outs? Kindly do get back to me on this one!

    Despite all of the above, I will be looking into this for a possible solution.

    Looking forward to your feedback.

    Regards,

    Rebecca.

    #833397
    Captainette
    Member

    @yervand 251714 wrote:

    Maybe there are legal reasons for the 2500 limits due to money laundering or fraud schemes. I agree that it is quite obvious that they want the players to keep the players money in THEIR account. Not fair.

    The casino is registered through Malta’s LGA so legal reasons cannot be the issue for this term.

    Edit: I wrote this post before reading quasaraff’s reply. I don’t think further comments are necessary.

    #833398
    gambleroo
    Member

    It’s not legal reasons – 100%

    You do this so the player cancels his cashout request and loses his winnings.

    That is the reason :)

Viewing 15 posts - 1 through 15 (of 16 total)