|
Reverse withdrawal is simply the facility for a player at an
online casino to
reverse their pending cashout of funds won at the casino and thus
continue playing with them. Now why do we consider this a bad
practice, especially as the majority of the online casinos which we
have reviewed on OCR emply this facility?
We do not necessarily object to casinos providing this facility for
players, however in our view many of the casinos found online, of
which there are hundreds more than we recommend on our review pages,
take advantage of the reverse withdrawal facility to the detriment
of their customers - You the player.
The vast majority of online casinos which we feature on Online
Casino Reviewer, hold any withdrawals of winnings in a pending state
for a minimum period of 24 hours, and some such as
Roxy Palace Casino, keep withdrawals in a pending state for 48
Hours, before a withdrawal is 'Flushed' and subsequently processed.
When a withdrawal is in a 'pending state', the player has the
ability to reverse any amount of the withdrawal up to the full total
pending and deposit it back into their player account. Therefore
being able to play with the money.
Should the player win and cashout again, the pending withdrawal
clock starts over. But in many cases, a player who reverses their
withdrawal, tends to go on to lose the lot. Bearing in mind, casinos
are geared so the house in the end always wins.
|