Why does some casino allow fast deposit and delay withdrawal.

[Supreme Donvic]

One of the things that gamblers always complain about is the fact that they can deposit and it will reflect in the casino very fast however, when they place withdraw it will take a very long time for it to drop.

‎Now these are the reasons why casinos delay withdrawal.

1. ‎Security check: casinos will delay your withdrawal because they want to verify if you are the one actually withdrawing and no body hacked your casino account.

2. ‎KYC verification: after some KYC verifications have been done by you the casino takes time to go through it again.

3. ‎Blockchain confirmation: this is another reason why your withdrawal can be delayed and not actually the fault of the casino.

4. ‎Bonus wagering requirements: when you collect a bonus from a casino you may be required to pay someone an amount of money before you can withdraw, some gamblers don't know this, and that is why it's advised to read the casino wagering rules carefully before using their bonus.

5. ‎Manual approval: some casinos are not using the automatic withdrawal process, they are using the manual withdrawal process which means one of their staff has to verify and approve the withdrawal first before it gets to you.

6. ‎Liquidity problems: some casinos don't have money available to pay winners and that's why they deliberately withhold your money.

‎Signs that your withdrawal has issues

1. ‎When they are giving you senseless excuses upon excuses.

2. ‎When your withdrawal has passed the casino stated process time.

3. ‎They cancelled your withdrawal many times.

4. ‎They freeze your account immediately you won.

5. ‎When they refuse to provide transaction ID when they say they have sent you your money.

‎

[Queen Julie]

One of the things that gamblers always complain about is the fact that they can deposit and it will reflect in the casino very fast however, when they place withdraw it will take a very long time for it to drop.

‎Now these are the reasons why casinos delay withdrawal.
.....

It doesn't justify a casino holding withdrawals for more than 24 hours if the withdrawal is not flagged for going against the AML policy.

Most casinos are just slow in authorizing withdrawals. 30 minutes is enough for the algorithm to do a security check and read KYC verification documents to know if the account has passed KYC.

4. ‎Bonus wagering requirements: when you collect a bonus from a casino you may be required to pay someone an amount of money before you can withdraw, some gamblers don't know this, and that is why it's advised to read the casino wagering rules carefully before using their bonus.

I want to believe this is a mistake.
No rules in a casino demand an account owner pay an amount to another user before making withdrawals. Casinos mostly ask that you deposit first and wager the deposit before the bonus can be withdrawn.

[Davidvictorson]

A casino have the right to withhold withdrawals for further investigation, if the player’s account has been flagged for suspicious activity. If this is not the case and there is no reason then that is a big red flag and it puts the casino’s reputation on the line.
Another red flag would be if there is no communication between the casino and the player within 24hours.
Fast withdrawal and communication are some of my biggest features I look for before signing up at a casino.

[bhadz]

5. ‎Manual approval: some casinos are not using the automatic withdrawal process, they are using the manual withdrawal process which means one of their staff has to verify and approve the withdrawal first before it gets to you.

I have experienced this and I have no issues with it, since I have no issue with the casino that I've used before and I just wait for the time they manually approve my request. But for those who doesn't like it, they need to read the terms and conditions and have to know if the withdrawals are automatically processed. Most of the casinos does that, but there are still some that do it and you better be informed that they do that to avoid being frustrated or just do it in advance so that ETA of the withdrawal will come as expected.

5. ‎When they refuse to provide transaction ID when they say they have sent you your money.

That is because there's nothing to provide for the txid when they never processed the withdrawal.

[Ronsbit]

In addition,  when a player goes contrary  in violation of the casino policy, the casino tend to withhold or seize or suspend the players account causing the player to lose virtually everything in their account. In some cases, the casino might be merciful to return the players deposit and withhold the wins of the player if the player is found guilty of the offense labelled against them.

Another thing I think triggers all these whole delay in pay or withdrawal is the amount of money the player wants to withdraw. If you withdraw a huge amount of money, definitely the system would be triggered for verification purposes which would take time because of the amount you want to withdraw why ? Because the casino wants to be sure if you are truly the owner of the account and you are not a cheat who took advantage of their lapses or big to take in big profit for yourself.

[leonair]

In the case of deposits, anyone can deposit any amount, there is no question about it, but when you withdraw any of your funds from a platform, it is verified whether you have gambled according to all the rules. And whether you have fulfilled the wagering requirements. Not all platforms can automate everything at the beginning of their business, due to which they manually verify the issues and in that case, it may take some time to complete the withdrawal. However, in the platforms that automate everything, you will see successful withdrawals within just a few minutes. And the bankroll of new platforms is small, due to which they review everything very carefully so that they do not lose their funds. If you do not like these, you should avoid new platforms that are already known as trusted platforms. In this case, you can withdraw as quickly as you can deposit.  However, a centralized platform cannot be guaranteed.

[Findingnemo]

Withdrawals are instant, most of them and deposits can take some time to reflect and these two cases are exception not the norm. We see more accusations of delayed withdrawals for one reason which is requiring KYC and in some cases it is justiofied and in some casinos deliberately delay them to avoid paying and make the user to wager and lose or just keep delaying as long as they can but as I said it doesn't happen all the time and I have been using casino for years with no delay in withdrawals.

[aioc]

6. ‎Liquidity problems: some casinos don't have money available to pay winners and that's why they deliberately withhold your money.

When a casino has this issue, it will come up with so many excuses just to take time to accumulate money to pay you. It's the dilemma of a gambler playing in a new casino and winning a huge amount, and this is where a new casino loses its reputation.

When playing at a casino, always consider the possibility of winning a large amount, and make sure your chosen casino processes withdrawals easily and has sufficient liquidity.

[Btcdeybodi]

A casino have the right to withhold withdrawals for further investigation, if the player’s account has been flagged for suspicious activity. If this is not the case and there is no reason then that is a big red flag and it puts the casino’s reputation on the line.
Another red flag would be if there is no communication between the casino and the player within 24hours.
Fast withdrawal and communication are some of my biggest features I look for before signing up at a casino.

I don't get this, if a player's account get flagged maybe because of suspicion of illegal activities why not the casino suspend that account immediately and run the investigation, must they wait until there is a winning before they begin to do those scrutiny?

Except for huge winnings, i can't accept my withdrawal pending for 24 hour, that's already a red flag for me if any casino i gamble with does such. They didn't delay my deposits so why delaying my withdrawal? Inasmuch as my winnings has reflected in my casino balance, it means that it is ready for withdrawal so they should perfect it as soon as possible.

[Oasisman]

I think many online casinos today are using automated withdrawals, which means the system automatically process the withdrawals as long as there are no red flags.  If the system detects something unusual on your withdrawal process or suspicious account activities, that is the only time they will conduct manual approval on your withdrawals.
A normal and tolerable timeframe for withdrawals is almost instant to 30 mins. max. Anything outside that, I'd avoid it.

4. ‎Bonus wagering requirements: when you collect a bonus from a casino you may be required to pay someone an amount of money before you can withdraw, some gamblers don't know this, and that is why it's advised to read the casino wagering rules carefully before using their bonus.

I don't know this. What I know is, bonuses cannot be withdrawn until you met all the wagering requirements. This is the usual scenario for every bonuses the online casino offers you.

[Cryptomultiplier]

3. ‎Blockchain confirmation: this is another reason why your withdrawal can be delayed and not actually the fault of the casino.

With Blockchain confirmation in the loop as to one of the few reasons mentioned for delay in withdrawal, this post should be more about crypto based casinos and less about fiat based casinos because I believe crypto based casinos have more of these issues and that of fiat integration responds faster for withdrawals because they may be older, with higher liquidity more regulatory oversight and easier rules than crypto based casinos.

[Odohu]

Just think about it like banks, exchanges and every other centralized platforms, making deposits is always easy amd without much burden but when you want to take your money, you will be subjected to serious scrutiny to be sure that everything meets their conditions. I don't see a problem in this as long as the withdrawal is completed after the whole vetting processes. Casinos with instant withdrawal capabilities tend to boycott some of these processes unless the winning is big that will warrant manual vetting.

[Obim34]

I don't get this, if a player's account get flagged maybe because of suspicion of illegal activities why not the casino suspend that account immediately and run the investigation, must they wait until there is a winning before they begin to do those scrutiny?

Casinos don't pay attention to it until it's time to withdraw. Casinos are managed as a business, they become proactive when they are on the losing side. Sometimes they might be slow to spot suspicious players until that gambler wins a massive payout that requires them to check the history of the player, this is why most accusations happen after a player wins huge amounts.

If you are going to play on a site, make sure the casino is reputable, always do your research and read the TOS to avoid complications.

[mirakal]

6. ‎Liquidity problems: some casinos don't have money available to pay winners and that's why they deliberately withhold your money.

When a casino has this issue, it will come up with so many excuses just to take time to accumulate money to pay you. It's the dilemma of a gambler playing in a new casino and winning a huge amount, and this is where a new casino loses its reputation.

When playing at a casino, always consider the possibility of winning a large amount, and make sure your chosen casino processes withdrawals easily and has sufficient liquidity.

This is one reason why I'm not fond in exploring new casinos, except if one of my trusted friends recommend it. They may be fast in processing the deposits, I guess all casinos are, but when it comes to huge withdrawal, they make different excuses while they are making ways to accumulate sufficient amount.

The higher risk of payout delays or financial instability is often the biggest disadvantage for new launched casinos aside from unproven reputation and trust,  when they should have not started their operation when they don't have enough availability of funds. Because of this, instead of attracting more players, they will lose their future players at the end of the day.

[Queen uloma]

My opinion is that it’s very wrong for casino to collect someone’s money so fast   but they will start delaying it when it’s time to withdraw. Although security checks, blockchain confirmation and KYC can cause delay, but casino that delay withdrawal without plain  explanation maybe hiding something.

Gamblers are suppose to go through withdrawal rules before they play and don’t keep big amount in casino. If they have send your money, they are suppose to provide transaction ID to prove it.

[Oshosondy]

Why are some gambling sites still prefer to let people deposit coins before they get verified? Is it not better for the gambling site to let the gamblers that have newly registered on their site to get verified before they deposit? This has been a way some gambling sites are scamming people.

I can not use a gambling site that is using manual withdrawal.

[gracreavix]

Security check is actually the same as kYC verification. You're asking for credentials. They are checking  name, address, is that not same as security. A casino was never designed to make people money.

So why would they allow you withdraw it? That's why there is regulation to put them in place. Some casinos don't even have liquidity.

You see how that can be an obstacle. Some wins are too heavy for them to pay you now.

[BABY SHOES]

A casino have the right to withhold withdrawals for further investigation, if the player’s account has been flagged for suspicious activity. If this is not the case and there is no reason then that is a big red flag and it puts the casino’s reputation on the line.
Another red flag would be if there is no communication between the casino and the player within 24hours.
Fast withdrawal and communication are some of my biggest features I look for before signing up at a casino.

This is the annoying part, withdrawals are held due to suspected activity, while users complain here that they have not committed any fraud, sometimes there are casinos that take a long time to answer this, there are also fast ones.

Not all casinos can answer this, with ease in a understand its customers.
Usually this is a lower level casino where withdrawals are manually, then indirectly withdrawals will be long, even can be held.
During gambling rarely get slow withdrawals, maybe it could be because the reputation of the casino is already good.

[AVE5]

One of the things that gamblers always complain about is the fact that they can deposit and it will reflect in the casino very fast however, when they place withdraw it will take a very long time for it to drop.

Definitely the withdrawal process in the casino's is ought to be that serious concerns for player's because, having to win and making withdrawal in the accounts of making profits has also been a priority and center of attractions for every bettors.
Although, some player's may not be that worried about the delays of the Withdrawals in their respective casino's, especially when the confirmation durations of the transaction isn't taking too much time that's to overwhelm the patient of the user.
There's no need to be in a haste in confirming your withdrawal transactions as some will prefer not more than 2 minutes instant withdrawal, some don't also find it problematic if it takes 5-10 minutes to verify the transaction.
But in a general overview, I know that withdrawal delays can't ever be admired.

[Chibit01]

The casino accepts our deposit without asking if the deposit was made by the real account owner. They accept the players' bet. If all was lost, they won't get a refund or ask the real owner. But when it's time to withdraw, they will start with an excuse that it was never there in the first place, unless it's a large withdrawal and, based on their terms of service, checking if the game is not rigged and everything is fine. Anything outside the usual we can see or call it the pattern, a means to restrict players from claiming their winning.