Topic: Unreasonable Withdrawal Limits on Betiro - page 4. (Read 2134 times)

I do not blame op for maybe trying out this casino, but I only blame him for depositing such a significant amount of money into a new casino without any reputation yet.

They have finally updated their ToS but it seems they were in a hurry to do so  :

Even the small-Medium players (after seeing and reading threads like this one) may even get scared that the casino may one day decide to close down due to feaustration; and decide to stay far away from this casino, like myself for example, I am a small player when it comes to gambling, and let's assume I came across this casino in question before, i probably would have registered and start playing there, but now that I've come across this thread and seeing some of the not so friendly-to-gamblers rules they have set, I never will bother having anything to do with them, and assuming I've been playing there before, i won't hesitate to get my money out and look for another casino immediately.

To be honest with you, casinos like this are likely to be a scam, or turn into a scam in the future, once they've managed to have alot of players who's money are trapped in the casino (like they've got op), they may likely close down and never return again.

He will need to wait for more than 1 months due to the monthly withdrawal limit which is €10k per month.
What OP can do is to request 5x withdrawal per week €500 each so it wont exceed the daily, weekly and monthly withdrawal limit.
This is not a favor for him or for any player who make big deposit, this casino should give an exception for big players if they want to keep their players stay in the casino.
Otherwise, they will lose all big players because of their own "too low" withdrawal limit and they may have small-medium players only.

Dude they did you a favor. Just take out 500 a day and do not bet for 45 days.

Dude they did you a favor. Just take out 500 a day and do not bet for 45 days.

You end up with pile of cash and you can find another casino 🎰.

You made another score because of this.

You should read the ToS first before you start playing especially if you are gambling with a high bankroll. Some casino like the one you mention set a low withdrawal limit due to limited casino bankroll and some reason related to casino finances/AML.

Hello everyone,

I wanted to share my concerns regarding the withdrawal limits and payment processes on the Betiro platform. Here’s my experience:

Initially, I deposited 5000 USDT into my Betiro account. After losing this balance, I added another 10,000 USDT to my account. When my account balance eventually reached 21,000 USDT, I decided to withdraw 1000 USDT. However, I was quite surprised and disappointed to discover that there is a daily withdrawal limit of only $500, which I find to be highly unreasonable given the circumstances.

According to Betiro's current rules, the monthly withdrawal limit is stated to be 50,000 Euros. However, with the daily withdrawal limit imposed, it would take me almost two months to withdraw my balance, provided that the withdrawals are processed consistently without any delays. This is an excessively lengthy period and poses significant inconvenience.

I respectfully request that Betiro review and adjust these withdrawal limits to facilitate a more reasonable and fair withdrawal process for their users. Such a review is necessary to ensure that the platform remains user-friendly and trustworthy.

Furthermore, I completed the KYC verification immediately upon registering on the site. Thus, this issue is not related to any delay in completing the KYC process. The core issue appears to be that the site is seemingly making it intentionally difficult to process withdrawals, thereby dragging out the process and avoiding payments. This behavior raises concerns about the platform’s reliability and integrity, as it seems to be in bad faith.

I urge Betiro to address this matter promptly and make the necessary adjustments to ensure a fair and efficient withdrawal process.

Thank you for your attention to this critical issue.

The casino didn't reject any of his documents and that's not the reason why they limited his withdrawals.
@bettercrypto, he did read the ToS. The problem is that the casino did not comply with their own terms. The terms state that a user can withdraw up to $50k per month but when OP made a withdrawal request they limited him to $10k per month.

They have finally updated their ToS but it seems they were in a hurry to do so   :

Not really something new on which these thread that had been created and on the moment that it would be resolved out or they had found some place on which they are focusing on trying to reply on then
it would really be that leaving out hanging on which us community members who do really give out some advises or opinions would really be totally boggled whether this one had already been resolved or not.

This is a very good lesson for every gambler to check the reputation of the casino where he is playing at. As far as I know, betiro has no active rep here in this forum, so asking for assistance is quite hard for everyone. Now, if you are a high roller, better explore your opportunities in top reputable casinos and bookies, where large amount of withdrawal is not a problem. Since the OP already found his way here in the forum, I assume he will now learn valuable casinos to play at, without having issues of daily withdrawal limit.

It is understandable that some casinos, especially not-so-big ones will limit their daily withdrawal limit as they can't afford yet when it comes to their financial capabilities. So if you believe you will exceed their limits, better not deposit on their site and find other casinos that you know can afford high amounts of withdrawals such as stake.

Not sure what's going on but OP appears to have neglected his threads including  on casino guru. Timer for his reply on casino guru is now down to less than a day.

A good amount of money is at stake hence I was leaning towards he'll be coming back soon but I'm not sure anymore lol. My guesses now are either op gave up on speed running withdrawals for now or issue has been solved. 🤔 -- emphasis on "guesses" lol.

In the OP's case, he didn't read the TOS of the casino platform itself, so he was surprised why that was. But we didn't read that his funds were taken and put into the casino, which is also a large amount. Because the first behavior of a new gambler who enters a casino is to try to deposit only a small amount first, not a large amount right away.

Also, an online casino is not a bank, so you can immediately enter a large fund. So the OP's only choice is to follow the rules he can follow, and at least somehow he can still release all his funds, although the only cons are that it is a long process because it is really limited to 500 dollars, even though the withdrawal is not delayed.

9.6. The maximum withdrawal amount:
Weekly -  € 500
Daily - € 3000
Monthly is € 10,000.

Not sure what's going on but OP appears to have neglected his threads including  on casino guru. Timer for his reply on casino guru is now down to less than a day.

A good amount of money is at stake hence I was leaning towards he'll be coming back soon but I'm not sure anymore lol. My guesses now are either op gave up on speed running withdrawals for now or issue has been solved. 🤔 -- emphasis on "guesses" lol.

I'm curious now, how much have been cashed out by OP far since its been almost 3 weeks since he created this thread.
Hopefully he is still patience enough in requesting withdrawal daily until he manage to withdraw all his money.

It’s really good than completely scam but there’s no guarantee either that he will continuously withdraw 500$ regularly since casino like this with small limit usually not fair on this matter. There’s a chance that he might receive less in the proce but yeah this much better since he has no other option.

But I think they trapped the player about the rules of withdrawal or at least edited the rules after winning by OP .