Gambling Online: Will you get paid?
If there is one area of online gambling which has disappointed me, it's the fact that
I have had a few problems collecting my winnings. Nonetheless, I've never been
stiffed. Over the years, I've made 100s of cash-in transactions. I've had trouble with
5 of them. I managed to collect every time, but it has taken a few phone calls and emails
to customer service. If you choose to play online, make sure that you keep good records,
or you'll be at their mercy.
Update: I've had absolutely no problem with any cash-ins since 2003. Perhaps cash-in
delays are a thing of the past.
So, what were my 5 problems?
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The slowest pay was at the now-defunct Fairplay Casino. I suppose
I should be thankful that I ever received my money from a casino that went out of
business due to poor management. Luckily, I wasn't owed much when they folded.
Four months after they closed down, I received a bank transfer for the final $35
they owed me.
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Almost as slow was Lucky Nugget casino, where it took me nearly four months to collect $85.
Lucky Nugget was one of the first casinos that I played, and I was still pretty
suspicious of the games. I received a substantial bonus of $110 from them, played just
over the required amount, and cashed-out $85 of my original $100 for a net loss of $15.
I still believe that they intentionally mishandled my cash-in since I played barely
enough to qualify for my bonus. Lesson learned: Play a little extra when bonuses are
involved, or better yet, a lot extra.
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Next up, Captain Cooks Casino, where I waited 7 weeks for a PayPal transfer of $349.
Their claims of various delays are pretty transparent, especially since their sister
property of Illustrated Casino was giving me the run-around at the same time.
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Illustrated Casino, affiliated with Captain Cooks, took 6 weeks for a PayPal transfer
of $393, not-so-coincidentally credited on the same day my Captain Cooks fiasco was resolved.
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My most recent trouble was with King Solomon's, where I received a free $50 bonus to
try out their new software. I ran the balance up to $250 and cashed out, but only a
portion of my cash-in was credited against older credit card buy-ins. Two months of
phone calls and Emails later, I finally received the rest of my credit.
Those episodes paint a pretty bleak picture. The good news is that my other
cash-ins have been handled with no problem. In 2004, average payout times seemed to improve
just about everywhere. Most payouts are handled within 2 days, with some within just minutes.
A few places still take several days, but all in all, transactions are speedier now than ever.
These days, most of my transactions are handled via Neteller, a sort of online wallet
similar to PayPal.
Back to the question: Will you get paid? The short answer: Yes, I always have been.
There are more observations about payment issues in the next section, Choosing a Casino...