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Topic: Why choosing instant withdrawal casinos (Read 400 times)

hero member
Activity: 784
Merit: 618
May 28, 2023, 10:23:42 AM
#93
Thank you all for your answers, i really had more informations and thing i didn’t know about casinos and the whole point  about  the importance of choosing a good casino to prevent those urges of gambling more by insuring to have instant withdrawal feature or at least a vault option where you can move a certain sum of your winnings.

I will close this topic
legendary
Activity: 1764
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The question here shouldn't be why choosing instant withdrawal casinos (the answer is in the same question: because of the instant withdrawals!?) but what would you willing to sacrifice for that feature, because between two casinos that are completely similar but have this difference anyone would pick the first one.

Although it supposes a positive difference, I don't think instant withdrawals are a game changer, and most people are able to calm down and wait for them. But the faster the transactions, the better.
full member
Activity: 574
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Casinos with instant withdrawal is always the best for me, it will help you stop playing anymore when you are already winning because you already have your money on your own, unlike if your money is still in the platform, it will make you try again to play because you dont have it yet in your bare hands, but then it is still based on the mindset of the person, if he or she can control himself from playing then he could.

copper member
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Quote
why you should choose instant withdrawal casino instead of regular ones that can take days to receive your winnings?
Anyone with a working brain will pick instant withdrawal casino and don't ask me why. I would really like to get back my money from any place as soon as possible.
Why would I prefer to wait for days to get it back when It took 10-20 mins to deposit it? Just let me know about that first.
hero member
Activity: 2100
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Does it matter? You choose an instant withdrawal but you will still comeback and again bet. This time you might lose everything or might again make some profits. Next time you might continue losing for a long strech. In the end the house always wins.

If you so impatient then you will face such issue on instant withdrawal too. There can be multiple reason for the delay on instant withdrawal. The occurrence of such an issue might happen once in a while. Therefore while gambling it is always advised to be calm and patient as it helps in making right decisions. 
legendary
Activity: 3108
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When I was still new to online gambling, instant withdrawal is something that makes me not trust line casinos, I see the whole thing as a bully, you make deposits on the platform and it gets into your account instantly, but when it's time to withdraw your fund's things start looking sluggish, and that's why I lost interest some times in those online gambling platforms until I start seeing better ones that support instant withdrawal.

Lack of trust will develop in gamblers once they notice that the casino doesn't support instant withdrawal, a smart developer must include an instant withdrawal on their platform, this will attract more gamblers, they will be able to trust such a platform. 
That's true, and I think online gambling platforms that don't have this type of service will be far behind in terms of support from gamblers than gambling sites that have that kind of option to get their money out in an instant. IMO, it tells that any gambler, small or whale can get out anytime they want and they will receive it instantly without any stress on thinking where their money at.
And it's correct, it also tells how trustworthy a gambling site is and this kind of service could pull more gamblers not just by advertising about it but the "word of mouth" marketing will also happen and that's free and more effective when another gambler shares his good experience about the online casino he is using.
hero member
Activity: 2912
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Well, I think it would have been better if you only tried to withdraw say 30% of your whole balance and then waited a few days and then withdraw another 30%...etc... because the smaller casinos does not like a complete withdraw of all the balance in one withdraw. (It hurts their cash flow)
This is also something that gamblers who want to withdraw all their money in a large amount should pay attention to so that it does not attract too much attention from the casino, which will want to carry out checks before processing the withdrawal. And yes, a small casino will not like that oversized withdrawal because it can destabilize its finances, especially if many gamblers have managed to win a lot of money. That can thin the financial balance at the casino and make it impossible to make payments to other gamblers who also want to withdraw their money.
legendary
Activity: 3430
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Well, I think it would have been better if you only tried to withdraw say 30% of your whole balance and then waited a few days and then withdraw another 30%...etc... because the smaller casinos does not like a complete withdraw of all the balance in one withdraw. (It hurts their cash flow)

I play mostly at Stake.com and PrimeDice and the larger casinos, because they are not full of nonsense when you want to withdraw large amounts. I hope you learnt your lesson and you will take my advice.  Wink
hero member
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Choosing casino with instant withdrawal is recommended, but not all casinos offer instant withdrawal and casinos with instant withdrawal may process withdrawal longer for some specific reasons (usually for check/investigation) if the casino suspect something suspicious in the account. You have admitted that it is your own fault so it is a lesson learned for you. 2 important lesson from your case are about choosing casinos with proven instant withdrawal (not only self-claim from the casino) and being more patient as much as possible while waiting for your withdrawal.

All casino should be processing withdrawal instantly and if they're not doing so then they shoudn't be used. For some specific cases that they have to delay withdrawal for security reasons, that's all fine but if there's no security verification then they should be instant.

They should accept and proceed withdrawal in cryptocurrency and when there's network congestion on a blockchain they can notify their customers to use other options for withdraw like stablecoin or altcoins that their confirmation rate are very high.

Cryptocurency exchange do this every time, their withdrawal are instant and only get delays for specific cases and immediately they verify the situation they resolve it faster with a KYC verification method. Casinos can also do the same.
sr. member
Activity: 812
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When I was still new to online gambling, instant withdrawal is something that makes me not trust line casinos, I see the whole thing as a bully, you make deposits on the platform and it gets into your account instantly, but when it's time to withdraw your fund's things start looking sluggish, and that's why I lost interest some times in those online gambling platforms until I start seeing better ones that support instant withdrawal.

Lack of trust will develop in gamblers once they notice that the casino doesn't support instant withdrawal, a smart developer must include an instant withdrawal on their platform, this will attract more gamblers, they will be able to trust such a platform. 
hero member
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Choosing casino with instant withdrawal is recommended, but not all casinos offer instant withdrawal and casinos with instant withdrawal may process withdrawal longer for some specific reasons (usually for check/investigation) if the casino suspect something suspicious in the account. You have admitted that it is your own fault so it is a lesson learned for you. 2 important lesson from your case are about choosing casinos with proven instant withdrawal (not only self-claim from the casino) and being more patient as much as possible while waiting for your withdrawal.
Instant withdrawals can make it easier and speed up the withdrawal process even though the fees tend to be higher but if the required process can be so fast then there is no problem with fees.
If something goes wrong, we can immediately contact support to solve it and a good casino has instant withdrawals that you can count on, even support will always provide good service when there are problems with withdrawals being made.
Some people don't realize their mistake so they only blame the casino when there are problems with withdrawals, even though this can be resolved immediately if you want to immediately complain to support and ask to immediately solve what is the problem.
legendary
Activity: 3066
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Choosing casino with instant withdrawal is recommended, but not all casinos offer instant withdrawal and casinos with instant withdrawal may process withdrawal longer for some specific reasons (usually for check/investigation) if the casino suspect something suspicious in the account. You have admitted that it is your own fault so it is a lesson learned for you. 2 important lesson from your case are about choosing casinos with proven instant withdrawal (not only self-claim from the casino) and being more patient as much as possible while waiting for your withdrawal.
hero member
Activity: 2604
Merit: 542
Is it really a case of instant or delayed withdrawal? You probably would have deposited them the next day after you received your coins and that's because of your impulse to gamble again hehe. Now it would be a different case if that money was really meant for something else like paying for utilities that are already due or buying needed groceries.

Most likely it is the delayed withdrawal that really makes the OP uncomfortable, maybe because if we are winning already, we want to have the money right away. But with the shenanigans of withdrawing bitcoin as fees are skyrocketing and the casino he played doesn't take that in consideration or he himself chosen not instant withdrawal, then he was tempted to play again.

I usually don't like waiting for a long time because of price fluctuations so that's enough reason for me to choose methods that would allow me to withdraw fast and cheap.

Yes, I mean if you are withdrawing your winnings already, so what's the cost of getting it withdraw instantly? Just a few dollars and you are good to go. Instead of waiting and then again you are tempted to play but this time lucky luck is not on your side.
hero member
Activity: 1694
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In your opinion why you should choose instant withdrawal casino instead of regular ones that can take days to receive your winnings?

Sorry to hear from your negative experience at the casino, but it sounds to me that you decided against withdrawing the money because you wanted to gamble again. The question would be, would you have deposited new money if your withdrawal request went through? Just because you lost money that didn't leave the casino yet is not a real argument for me, because a deposits usually only takes a few minutes and you could have used fiat money for example to gamble more if you really want to. So it's more about if you able to control yourself with money that is at the casino or not at the casino. In theory any instant withdrawal would be a nice feature, but I can understand the perspective of the casino as well. It might not be so straight forward for the casino to accept your request. Many of the bonuses the casinos offer to us have some requirements to be met before we can actually withdraw that money. These requirements can be to have at least a certain number of minimum games played, a certain amount of money waged or to reach a certain threshold. Which means the casino might need to double check our accounts and if they don't have advanced IT systems it has to be done manual by the support staff which is going to take some time.
sr. member
Activity: 1526
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Is it really a case of instant or delayed withdrawal? You probably would have deposited them the next day after you received your coins and that's because of your impulse to gamble again hehe. Now it would be a different case if that money was really meant for something else like paying for utilities that are already due or buying needed groceries.

I usually don't like waiting for a long time because of price fluctuations so that's enough reason for me to choose methods that would allow me to withdraw fast and cheap.
hero member
Activity: 2912
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I had an experience that made me think about why everyone should choose instant withdrawal casinos I’m sure there are many reasons for that but for my experience where i was gambling in a not instant withdrawal casino.
I played some slots and won good amount of money so i requested to withdraw all of it right away. After 24 hours my orders still pending so i contacted the support to cancel the request ( which was so dumb from me Xd).
After playing again i lost all that balance and i was thinking if i was in an instant withdrawal casino this scenario wouldn’t happen even that it was totally my fault ( and please no need to mention that again )

In your opinion why you should choose instant withdrawal casino instead of regular ones that can take days to receive your winnings?
Why it took them so long to process your withdrawal? I'm mostly play on casinos that have not instant withdrawal but I have no issues because after few minutes (hours are already long) it is already processed. Though, it is not much amount.

Anyway, it's really good if the casino has instant withdrawal because you'll never get worried that it might not processed. Moreover you'll not be tempted to cancel it (because you're losing your patience) and continue to gamble instead just like what happened to you. For whale gamblers choosing a casino with an instant withdrawal feature is an advantage. But for an average gambler like me, it's not a big deal since I only use small amount to play and I know the casino where I usually gamble is reputable.
legendary
Activity: 2576
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Indeed this is a reason why instant withdrawal should be implemented by casinos or any gambling platform. I have experienced this myself a number of times during the height of the pandemic when the online cockfighting here in my country was very popular. Whenever you want to withdraw it will have to be approved by an agent. The agent may not be around all the time. You could be waiting for hours. So while waiting the tendency is to place bets. And, many times, the end is you lose all your money. 

But I think there's not much reason needed. Instant withdrawal is obviously the more convenient or better feature so why not implement it?
legendary
Activity: 2310
Merit: 1075
how so, I mean what is stopping you from depositing again after withdrawing on gambling that has a fast withdrawal? I hate to break it to you but it seems like you might have a gambling problem, it would be best to take a break.

As I mentioned before I don't usually gamble with large sums of money, and I do it infrequently on my free time maybe once or twice a month for some fun. Sometimes I take my chances on free promotions and free spins as well as betting on big events like Champions League or Clásico. The reason I decided to cancel my withdrawal this time was the delayed withdrawal order and maybe a hint of greed. But I didn't think of depositing more money just to recover the loss, I’m only following my routine of depositing some money during my free time then playing a few times and leaving it at that. When I do win, I withdraw that amount and use it to buy something.
Do you still think i have gambling issues?
I guess this reply of yours brings more context to your original post, thanks. after your explanation, it seems like this was just a case of impatience and as you said, a hint of greed(which happened to me too in the past). anyway, I might have missed your post where you mentioned that you don't usually gamble with a large sum of money and only do it in your free time.
legendary
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In your opinion why you should choose instant withdrawal casino instead of regular ones that can take days to receive your winnings?

It all depends on two things, the kind of games, bet or casino you're playing from and the amount you've won, it is believed that on a regular basis that if you win a jackpot or huge amount of money while gambling, it may take some few days for them to process your winnings for you to claim it, while in some cases, the type of game or preferred option selected while playing it, but in most cases, instant withdrawal comes with virtual games and some live sports bets if their winings aren't beyond a certain limit that may warrant them to refer for another day.

I'd prefer my withdrawals to be instant as this shows a casino is holding enough money and they don't need to review every withdrawal before sending it. With automated withdrawals there's also less chance they'll start looking for something that would allow them to put you on hold, like a KYC update, a login from a different IP that could suggest you were using a VPN somewhere along the way, or something like that. IMO the obsession of casino owners with VPN connection is becoming a plague and they're using it to hold withdrawals and block accounts.
Withdrawals should be instant and if they have a problem with player's account this should be dealt with ASAP, not when the player decides to withdraw and the sum is big the casino suddenly wakes up and reminds itself that it could steal players money because there were 2 IPs accessing it or the picture he sent for KYC was too blurry.
hero member
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To overcome the issue of losing what one have won through his bets, it is a must to have instant withdrawal. Most of the time when a gambler have made some profit, it tempts them to gamble more and increase the winning.
I view this problem the appropriate solution is self control rather than instant withdrawal, the casino shouldn't be blamed if they don't have an instant withdrawal in the first place. A good self control will not make you to gamble more when you've make some profit because you know when you need to gamble and when you stop to gamble. Even the casino have an instant withdrawal but the gambler don't have a self control, he will lose all of his money in short time.
^This has a valid point, though choosing an instant withdrawal casino over a regular one that takes days to process your winnings can indeed have several advantages over one that will take over 24 hours. That is why when choosing a good casino, we always seek information and feedback about their withdrawal. Because it is important that upon choosing a casino should consider several factors beyond just withdrawal speed, including reputation, licensing, game selection, customer support, and responsible gambling practices. It is always a good idea to conduct thorough research and read reviews before choosing an online casino to ensure that you can avoid this possible problem in the future.
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