Online casinos take money off players as soon as they make a deposit – the whole thing is instantaneous with no delay. It’s our belief that casinos should pay winning players as quickly as they take money off them in the first place.
Sadly, this is a view that many online casinos don’t share with us because they add an unnecessary “Pending Period” to withdrawals, resulting in payouts taking around a week. A whole week just to pay you the winnings you’re entitled to – it’s completely unacceptable.
Just take a look at these screen shots from just two casinos that apply this annoying and unnecessary pending period to their withdrawals:
A pending period of 4 days (at some casinos it’s even longer) is not uncommon at all, in fact, there are more casinos with this stupid policy than there are without it.
What’s worse is that during the pending period, you can cancel your withdrawal at any time, at which point your “withdrawal” goes back into your and you can continue playing with the money and that’s exactly what the casinos want you to do. They want you to put the money back into your so that you can then lose it – meaning they never have to actually pay you.
When a winning player makes a withdrawal, the casino has two choices:
A: Pay the player straight away.
B: Hold the money for 4 days in the hope that the player gets impatient or greedy, puts the money back into their and loses, resulting in never having to process the withdrawal.
Many casinos choose option B and as far as we’re concerned, it’s a rip off and it’s unacceptable. If you challenge the casinos about this pending period (which we have), they talk about needing 4 days to check bonus wagering or some claim it’s because of their software provider holding deposited funds before ing them on to the casino – basically a cash flow issue.
We think that these are just excuses – nothing more. Every casino that we recommend on this website such as Bet365 pay winning players in less than 24 hours. There’s no pending period, no messing around, just fast payments.
The casinos we recommend have proved that it’s humanly possible to pay out in less than 24 hours because they actually do it. The other casinos could get rid of this pending period nonsense if they really wanted to, they just don’t want to.
Our advice would be to bin off any casino that doesn’t pay out within 24 hours. Why play at a casino that takes a week to pay out (and wants you to put the money back into your and lose) when you can just play at a casino that pays out within 24 hours with no fuss?