Be Aware - cashout limits may apply
April 1, 2009
When playing at an online casino there is always the chance that it just might be your lucky day and you end up winning BIG! We can all go into a pleasant day dream as to what we will do with that big lump sum when it hits our bank accounts, but receiving your winnings all at once does not always happen and that is something any player should be aware of to avoid disappointment.
At present the majority of Playtech and RTG (Real Time Gaming) powered properties have maximum cashout limits ranging from $2,000 to $5,000 per week. Examples of these are Casino King and City Club Casino, which are really great places to play, but do carry limits of $10,000 per month. So if you happen to hit a jackpot or enjoy any substantial wins at places like these, you will only be able to cash out according to the set weekly or monthly limits and this means many weeks or months of waiting to receive your full balance on large amounts of money and jackpots. Now this doesn’t bother many people and it might not bother you, but please keep it in mind when playing at casinos.
For high rollers, it is preferable to select establishments like powered by Microgaming, like 32Red, which impose no cashout limits at all.
In order to ascertain if a casino carries cashout limits or not , take some time and read the terms and conditions posted on their websites or contact their customer support teams to enquire about this if you can’t find the information online. A few minutes spent doing at the beginning can help you to avoid weeks of unexpected waiting in future.
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