Why choosing instant withdrawal casinos - page 4.

uneng

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Quote from: $crypto$ on May 26, 2023, 01:35:35 PM

What was wrong was that OP asked why he asked to cancel but he had to ask why the withdrawal was taking so long, and in the end he couldn't control himself to play again without realizing that his balance would run out if he didn't withdraw immediately.

It was all OP's mistake. I believe he is just using an excuse for this impulsive behavior on gambling. Even if the withdrawal had been instant, he would have made a new deposit on the casino to play again, consequently losing the money the same way he did after suspending the pending withdrawal.

To wait too long for a withdrawal is only an issue if you are in a hurry to send the money somewhere else, like when having to make a payment that can't be postponed anymore or when attempting to sell your crypto during a sudden rise on the market's prices.

The issue in OP's case isn't delaying withdrawals, but lack of self control...

$crypto$

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Quote from: xSkylarx on May 26, 2023, 08:20:25 AM

I don't know why your withdrawal took 24 hours as others only take a couple of hours. I'm not sure what gambling you are choosing, but for sure, if there are instant withdrawals, the fees are too huge, which is why others are forced to use the other method. It is also your fault as you were unable to control yourselves and cancelled the withdrawal. Also, it doesn't make sense if you already withdrawn it and received the money, and again after 24 hours, you will deposit back those winnings.

Maybe the casino doesn't have an instant withdrawal feature and only manually processes the withdrawal so it takes a long time, but usually casinos have an automatic withdrawal process and it only takes a few minutes for the withdrawal to be successful.

In casinos there are several categories that are often applied, there are fees according to the mempool, some are set with withdrawal fees, there are also free withdrawals, those are some of the differences where the casino offers for each withdrawal.

What was wrong was that OP asked why he asked to cancel but he had to ask why the withdrawal was taking so long, and in the end he couldn't control himself to play again without realizing that his balance would run out if he didn't withdraw immediately.

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Quote from: bittraffic on May 26, 2023, 12:29:20 PM

An instant withdrawal will be best so that the casinos will not have to look at your account to investigate. If all they need is just a verification email to withdraw, then it's easier to move your money out.

Even with instant withdrawal, Casino can still investigate on your account in case there’s a malicious activity that you’ve done. They have security that triggers KYC to those account that showing malicious behavior. Your account will automatically under KYC which you can’t withdraw your assets. Instant withdrawal purposed is just for the gambler quick transfer of funds but it can’t be use to dodge investigation due to casino tight security.

Quote from: bittraffic on May 26, 2023, 12:29:20 PM

Casino that takes 24 hours before allowing you to withdraw takes a lot of waiting which defeats the purpose of using cryptocurrency.

Exactly, I play a casino like this in the past and they are using this kind of manual withdrawal so that they can ensure that all withdrawals are valid and not from the result of cheating.

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Quote from: Coin_trader on May 26, 2023, 10:40:57 AM

Quote from: GxSTxV on May 26, 2023, 07:55:07 AM

In your opinion why you should choose instant withdrawal casino instead of regular ones that can take days to receive your winnings?

I think we share same experience on my previous thread about this same matter on this thread Don't gamble if you don't have patience. We gambler is always on unstable mental state once we win or lose huge amount. We have the tendency to play more if we didn’t secured our balance out of the casino once we win since our urge on gaining more profit and natural greed will kick in when we are on happy mood.

After my terrible experience about losing all my profit including bankroll because I can’t wait for my pending withdrawal. I always check the casino if the withdrawal is instant once I complete the wagering requirements. This is just a very simple matter but the impact and repercussions is very huge once we are on the spot of securing our profit.

I hope your win is not that huge since it’s really painful and very hard to forget.

Instant cash-out casinos, regular ones—it's like comparing the Man of Steel to the Dark Knight. Who do you root for, folks? Your gambling psyche plays the referee here.

Snap withdrawals give you a sweet taste of victory right away. It curbs that itch to keep gambling, to strike it rich. It's a classic case of the "endowment effect" in behavioral economics—what you have in hand feels more precious than what you don't.

Now, ordinary casinos, with their snail-paced withdrawal? Could be a blessing for those looking to rein in their gambling urges. But here's the kicker: patience isn't always a virtue. Waiting for that payout might make you antsy, maybe even get you to bet more while you twiddle your thumbs. Let's face it, one glove doesn't fit all. You gotta pick what sings to your temperament and strategy. Tremendous, isn't it?

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Quote from: GxSTxV on May 26, 2023, 07:55:07 AM

In your opinion why you should choose instant withdrawal casino instead of regular ones that can take days to receive your winnings?

I should be able to get my money as quickly as I deposited it to the casino to gamble, that is what I feel, that is why Instant withdrawal is very important to me. Slow withdrawals can be dangerous like in your case where you ended up spending all the money again, in some other instances, the plans you made before making the request for withdrawal after winning good can change if the withdrawal request is processed slowly. Instant withdrawal is an enticing feature that a casino should have.

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Quote from: GxSTxV on May 26, 2023, 07:55:07 AM

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?

You never know what might happen in the future, so it's always best to opt for instant withdrawals.
There are various potential scenarios where instant withdrawals prove beneficial.
For instance, a transaction can get stuck due to unforeseen reasons or you might face an urgent need for money or there could be concerns about the owner running away with the funds.
However, by opting for instant withdrawals, you can eliminate these risks and have a peace of mind.

bittraffic

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An instant withdrawal will be best so that the casinos will not have to look at your account to investigate. If all they need is just a verification email to withdraw, then it's easier to move your money out.

Casino that takes 24 hours before allowing you to withdraw takes a lot of waiting which defeats the purpose of using cryptocurrency.

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I prefer instant withdrawals because it's convenient to know i'll be getting my funds within seconds and spend it on whatever I want. It's a common feature in most casinos, and once you've experienced it, you'd rather have it in all the casinos you're playing. The only time i'd endure those longer withdrawal times is when they offer something better like a promo, reward, or games you can't find in other casinos.

Quote from: GxSTxV on May 26, 2023, 07:55:07 AM

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 )

A few months ago, when I was reviewing one of the new crypto casinos, I went through the exact situation, I could've stopped myself from playing, but I don't mind losing it.

Cling18

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I have experienced the same thing with the previous casinos that I have played with before. They processed my withdrawal after more than 24 hours, but I was patient. I resisted the urge to gamble even though I was tempted. Re-gambling your profits seems like a bad idea to me because there's a chance you could lose everything.
Yes, each casino has its own withdrawal policies, but frequently, reputable casinos offer instant withdrawal, which is what most gamblers like. Some transactions take a long time, depending on the casino's withdrawal policy or the condition of the mem pool, but we should always be patient. As much as possible, we should know when to stop betting and discipline ourselves if necessary. We should know when to stop and when to continue but don't risk our winnings again because we might only be ending up chasing our losses.

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Quote from: maydna on May 26, 2023, 10:41:18 AM

The answer is easy. We don't have to wait too long to be able to receive the winning money we have won. And we don't need to play the money to get more money, preventing us from losing more money. The casino shouldn't take too long to process transactions from members who want to withdraw money. But each casino applies different rules, so in your case, they may limit the number of withdrawals each member makes in a day. And we don't want to see our withdrawal will be completed in a few days, so we have to make sure that the casino gives its support to those of us who want to withdraw the money. But if the casino takes an hour to process the transaction, it may depend on the busy network needing extra time.

If there is a casino that processes instant withdrawals, it will be a lot of loved by many gamblers because of the factor of trust that makes gamblers more comfortable, but if the slow process withdraws will make gamblers feel lost trust and not make it comfortable in playing gambling at the casino, so always Make sure at the beginning before playing gambling that the casino processes instant withdrawal.

I know that there are other deficiencies in instant withdrawals, sometimes it is also necessary for a review for withdrawals but it might also take additional time for withdrawals especially the operator is not always online, the thing that makes me upset is when withdrawing money from the casino that makes an instant withdrawal But at that time the blockchain network was busy so that ordinary casinos often set the amount of transaction costs so that I often felt the transaction was jammed and waited for a full day. For example, attractive in ETH networks that sometimes gas costs are often high, but as long as I play gambling in stakes, they are all safe and they manage the costs according to the network. That's very good Grin

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To those who are seeking for such kind of platform they might be confident of their accounts; that no one would be able to access it other than themselves. But personally, I'd be more okay with casinos with KYC which would somehow give me a better assurance that I'd be the only one to withdraw my funds or winnings. Devices could be easily stolen and accounts can be possible to accessed once other people have the opportunity to do so. KYC would somehow take time but U'd be more okay with that if it means better security.

Quote from: maydna on May 26, 2023, 10:41:18 AM

The answer is easy. We don't have to wait too long to be able to receive the winning money we have won. And we don't need to play the money to get more money, preventing us from losing more money. The casino shouldn't take too long to process transactions from members who want to withdraw money. But each casino applies different rules, so in your case, they may limit the number of withdrawals each member makes in a day. And we don't want to see our withdrawal will be completed in a few days, so we have to make sure that the casino gives its support to those of us who want to withdraw the money. But if the casino takes an hour to process the transaction, it may depend on the busy network needing extra time.

It is not only with convenience on withdrawing thr cunds but also with securing a gamblet's account. We will never know but there will alwaysbe a tendency for our device to be stolen or accessed by other people.

maydna

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The answer is easy. We don't have to wait too long to be able to receive the winning money we have won. And we don't need to play the money to get more money, preventing us from losing more money. The casino shouldn't take too long to process transactions from members who want to withdraw money. But each casino applies different rules, so in your case, they may limit the number of withdrawals each member makes in a day. And we don't want to see our withdrawal will be completed in a few days, so we have to make sure that the casino gives its support to those of us who want to withdraw the money. But if the casino takes an hour to process the transaction, it may depend on the busy network needing extra time.

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Quote from: GxSTxV on May 26, 2023, 07:55:07 AM

In your opinion why you should choose instant withdrawal casino instead of regular ones that can take days to receive your winnings?

I think we share same experience on my previous thread about this same matter on this thread Don't gamble if you don't have patience. We gambler is always on unstable mental state once we win or lose huge amount. We have the tendency to play more if we didn’t secured our balance out of the casino once we win since our urge on gaining more profit and natural greed will kick in when we are on happy mood.

After my terrible experience about losing all my profit including bankroll because I can’t wait for my pending withdrawal. I always check the casino if the withdrawal is instant once I complete the wagering requirements. This is just a very simple matter but the impact and repercussions is very huge once we are on the spot of securing our profit.

I hope your win is not that huge since it’s really painful and very hard to forget.

coolcoinz

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Usually instant withdrawal casinos feel more secure, like they have enough funds at hand in their hot wallets to process everything using a bot.
I don't have any bad experience with instant withdrawals. There used to be a number of such casinos, for instance in the good old yoodice you could choose instant or batch withdrawal, where instant made you pay higher fee but was processed within a few minutes, while the batch was cheaper and could take a few hours.

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Quote from: GxSTxV on May 26, 2023, 07:55:07 AM

In your opinion why you should choose instant withdrawal casino instead of regular ones that can take days to receive your winnings?

The online gambling industry with an instant withdrawal method, has a very extraordinary understanding and meaning for the gamblers themselves, instant has different reasons for users who gamble, that's the main point there are a million reasons for instant deposit and withdrawal methods.

My reason:
Online casinos are now common and on average can be played using a smartphone, not just betting and gambling using a laptop, we know withdrawals and deposits are instant, to make transactions easier and faster, I can do it anywhere and anytime, without having to have another reason, sometimes things that happen are unexpected, whether urgent needs and so on, instant withdrawals are the main problem that must be implemented in every online casino.

Dr.Bitcoin_Strange

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Most So-called casinos always experience this kind of issue you just talked about, and this doesn't only happen with instant withdrawal; it also happens with instant deposit. In some casinos I have used in the past, sometimes one will make a deposit and it will not reflect in your balance. You will then need to contact support before they can rectify the issue. I got a so much paranoid because of this deposit issues. Why? I was supposed to bet on a match that was supposed to start in an hour, but I made a deposit and did not get it on my balance. I waited until the whole hour was timed up, and I couldn't even bet on the sure odds I had that day. What angered me the most was that the game did not burst; if I had made the bet that day, I would have won the game.

But what I realized with the platform is that those delays only occur when people use the fiat option to deposit and withdraw. There are no such delays for the crypto deposit and withdrawal options.

So my advice is that if the casino you are using has a different withdrawal option, try to use it. Also, be sure you are dealing with a reputable platform. You can even inquire from support about the best deposit and withdrawal options, which are so fast.

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Quote from: GxSTxV on May 26, 2023, 07:55:07 AM

In your opinion why you should choose instant withdrawal casino instead of regular ones that can take days to receive your winnings?

Well, we don't like delays and that's the main reason we don't like these not instant withdrawal casinos, plain as that. There might be some factors too on why your withdrawal was still pending, what's the network you're interacting with might be the reason or this particular casino hasn't integrated yet other networks that has great speed on transaction with low cost in gas fees.

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Quote from: bitbollo on May 26, 2023, 08:01:19 AM

the situation you described is already a good reason to choose instant withdrawals Roll Eyes

Some sites have the vault option that allow player to store safely eventually sums...

in general I prefer sites with instant withdrawal because maybe I may need that amount immediately (if we talk about crypto I would need to sell or exchange immediately)...
another reason...I want be sure they have enough liquidity to cover any withdrawal, and last but not least
I don't want to wait for " checks " about withdraw (just a waste of time...)

Vault feature i find it very important for every casino to offer a Vault where gamblers can transfer their funds for any reason. In my case if the casino doesn’t have this feature which made want to withdraw it directly but since my request took that long i made that bad move and lost everything. Any good casino should have enough liquidity to pay gamblers in very short time especially verified ones.

BitcoinPanther

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It is a question that has an obvious answer. Anyone will choose instant withdrawal because it saves everyone the hassle of waiting. And if the process isn't processed instantly you can easily have a hint that there is something wrong so you can inquire ASAP to the customer support and fix the problem faster unlike casino that process your withdrawal for many hours or a day. Almost all crypto casino has the instant withdrawal feature, only a few are left behind with their manual process so these casino should better upgrade their withdrawal system or else they will be left behind.

aioc

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Quote from: GxSTxV on May 26, 2023, 07:55:07 AM

In your opinion why you should choose instant withdrawal casino instead of regular ones that can take days to receive your winnings?

Obviously, because you don't want to be tempted to play with your winning and enjoy your winning, because there's a big possibility that when you return to play you could not be as lucky as your first session and you will end up losing all your winning like what happens to you now, yours is not an isolated case there are many players who lose because of issues of withdrawal.
The casino knows your betting habit so they intentionally delay your withdrawal so you can continue playing and lose your earning eventually.
So if you do not have the patience you will end up losing your winning, part of being an irresponsible gambler is having the patience to stop when its necessary to stop.

Topic: Why choosing instant withdrawal casinos - page 4. (Read 400 times)