REVERSE WITHDRAWALS

REVERSE WITHDRAWALS

If you have read some of the several reviews of the online casinos featured on OCR, you may have encountered the term 'Reverse Withdrawal'. Well what does it actually mean and why do we consider the reverse withdrawal facility a wolf in sheeps clothing, when it comes to the player?

This article covers in depth as to why online casinos employ the reverse withdrawal facility for players and why in our view reverse withdrawals are inherently bad for the player, but very good for the casino. Hopefully you will find this article of use and as a result it will help  improve your overall experience playing on a casino online.


WHAT IS REVERSE WITHDRAWAL?

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.