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"Cashing Out" at Online
Casinos
Hey, I just won $300.00 now with
the click of a button I can cash out. So I click.
And I wait. And wait. And wait… This sure
ain't Vegas Baby!
Cashing out of online casinos
can take days, even weeks to get your cold hard
cash. That fact has made players very uncomfortable
and has caused more than a few angry customers.
By far, the largest complaint by customers of
Internet casinos is that they do not receive their
checks in the time they expect.
International mailings can take
weeks to arrive, and in some cases, never arrive
at all. Couple that with the fact that some online
casinos only process cash outs once per week,
and you have a lengthy delay in getting your check.
Some companies have informed us that they limit
the number of checks processed in a week, so if
you're the last in line you may be waiting a few
weeks before the check is even sent. That can
be scary! In many cases, there appears to be some
truth to the old saying: Bills travel twice
as fast as checks through the mail.
Many online casino operators
have noted that a very small percentage of their
customers can be impatient while an even smaller
percentage can be untruthful, or outright fraudulent.
Credit card charges and information provided by
the customer must be verified, and that can take
additional time.
CasinoJudge.com recommends the
following:
- 1) Find a
reputable casino. Check "Casino Portals"
like CasinoJudge.com, ask friends, or ask newsgroups
for recommendations.
- 2) Read their "Cash-Out"
policy, options, and FAQ's. Most Internet
casinos readily display their "Cash-Out"
policies. In general, companies will credit
back the original amount you put on your credit
card, and will give you some options to receive
the rest of your money. This means that if you
deposited $100 into your account by way of your
VISA and are cashing out for $300, then you
request to put a $100 credit back on your VISA
and then get the other $200 either in the form
of a check or (in some cases) they will wire
the remaining balance directly into your bank
account. If you choose the latter, there is
usually a fee involved, so be aware of the policies.
- 3) Limit
the amount of your initial deposit. This
will allow you to "test" the casino,
and limit your liability should the casino not
be very reputable.
- 4) Cash out (at
least some of your money) quickly. This
will allow you to test the time you can expect
to wait for your payouts.
You should read as much about
the casino you are going to visit BEFORE you place
any deposits with them. While almost all online
casinos are honest, the VERY FEW that were not
honest have tarnished the entire industry. Currently
there are few regulations for these casinos. If
you have the right amount of money, some government
will likely give you a license to run one. So
it's Caveat Emptor…. Buyer beware.
Check out our Section of rated
casinos (Coming Soon!) for a list of casinos that
our viewers have selected to be the cream of the
crop. Our "Jury Members" have the ability
to vote a variety of topics, including what online
casino they prefer. If you are interested in becoming
a "Jury Member" then just click on the
link provided on our Home page.
Have fun, and may Luck be a lady
to you!
CJ Gamble
CasinoJudge.com
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