Topic: 5 btc max withdrawal at most casinos? (Read 2282 times)

Well, trust me if they didn't pay me, I would of course made their name public. They have a good reputation on this forum and after thorough research.........I'm confident they never actually scammed anyone. I do agree that they it was too long though and I stopped playing there because of it.  If anyone wants to know the name of the casino........send me a pm and I'll reply back with their name. 

This was indeed very UN-professional on their part and very professional on your part for not making their name public. Casinos should add this in their FAQ as to how much time is needed for their withdrawals, it should be instant for smaller withdrawals and 1-2 hrs for bigger ones imo. When they're dealing with BTC, even 24 hours is a long time.

usually all sites have a max win of 5btc and man 5btc is a lot at one time win

I bet they just don't want you withdraw all your BTC
And they want you to play more at their casinoo, so you will lose the games and your bitcoin

Even some dice games (999dice.com) have problem if you withdraw too big
Most likely, they are scamming you & other player

Also remember it was frustrating because they made an exception for me and they implied they wanted to do a schedule/ installments. If I just went along with their plans, I'm confident I wouldn't have had the other 3.7 yet. I was only actually taking out 7.7 and leaving 1btc to play with.........but their hesitance to pay made me takeout the entire bankroll. Also, there was a week in the middle of November that I lost 5btc.......so In the end I wasn't even up much on at that casino.

So I don't want to mention the casino I've been playing at and give it any bad publicity........but I have a few questions about how bitcoin casinos work as far as withdrawing goes.  I've been playing at this casino for a little over a month consistently- every day. I love their software and I became a VIP betting pretty big (their maximum on most games). The manager there is very nice. So at first I lost almost 1 btc.........then I won 2.4 bitcoins and withdrew.  It took around 24 hours for a withdrawal which I thought was long but I love their software.  Then I lost a little over 5btc in a few weeks and stopped for a bit. Those were multiple deposits that totaled that.  Then on black Friday they offered me a match bonus up to 2btc since I'm VIP. Anyway, I put in 2btc and played the 20 times requirement to earn the bonus.  I ran it up to 8.7 bitc and attempted to take out 7.7 btc.  After waiting 30 hours without getting my money........I got an e-mail from the manager saying:

 "The maximum withdrawal you can do at one time is 5BTC.
For wins larger than this we pay out the winnings in installments according to a schedule which we agree on together."

To me, that seemed crazy. It's one thing to have a maximum of 5 btc at one time (which I couldn't find a word of that policy on their site including FAQ's).  The problem is that I'm supposed to wait on a installment plan or schedule for the other 2.7?  That blew my mind. Is that the policy of most btc casinos? I bet sports big on Nitrogen and play big on Seals with Clubs. I don't have any problems withdrawing any amount and it's very fast. I honestly don't mind the 5 btc maximum if I can get my money in around 24 hours......then do another withdrawal of up to 5btc and get my money in another 24hours. That's fine with me. Any other installment plan or time schedule seems like bad business or they lack the funds. Am I being unreasonable? Maybe the casino stuff isn't for me........it's just for fun while I'm bored waiting for a poker game. 

To update- as I was writing this I got my 5btc after 31 hours.  Rather than taking out the other 2.7 and keeping 1 btc to play with.........I withdrew the entire 3.7 just now we'll see how long it takes. We never really worked out an installment plan so it might take awhile lol.  Any comments appreciated.

There should be no limit on the cashout.

Why is it that frustrating that you can't withdraw more than 5BTC at a time?

If you are already okay with all their withdrawals taking up to 24h, you should be thankful as long as they do actually pay out.

Why is it that frustrating that you can't withdraw more than 5BTC at a time?

If you are already okay with all their withdrawals taking up to 24h, you should be thankful as long as they do actually pay out.

Only reason I can think of is that they want to eliminate cheating.
If someone finds an exploit he could keep withdrawing as much as he'd want.

I really appreciate everyone's replies. I will probably look for a different site for when I'm bored and nobody is playing me in poker. I really like realistic software and fast withdrawals of course.  If anyone has any suggestions where I can get both, let me know. 

Here is what my VIP host wrote to me tonight:

Hi, I see that you were able to withdraw all of your winnings quicker than was expected, I’m really happy that it worked out so well for you.
Really hope this won’t be the last we see of you in the casino!


I wrote back this:  Well, it might have been quicker than you expected lol.  I live in Las Vegas.......so if there is a long line at the cashier at the casino, I'm not getting my winnings fast enough    Thanks for any help you might have been in that matter though.

Only reason I can think of is that they want to eliminate cheating.
If someone finds an exploit he could keep withdrawing as much as he'd want.

"The maximum withdrawal you can do at one time is 5BTC.
For wins larger than this we pay out the winnings in installments according to a schedule which we agree on together."