Casino Rewards Payout Limits

[Amateur]

After reading this thread - http://www.gpwa.org/forum/joyland-pl...ng-181039.html - regarding Joyland specifically, having withdrawal limits, and Playtech casinos, in general, I wanted to do some checking at MGS casinos to see if any of them had similar rules.

Belle Rock, Fortune, StarPartner, Grand Mondial, Vegas Affiliates and Jackpot Factory did not have payout limits that I could find.

Of the MGS casinos I have checked thus far, only on Casino Rewards did I find mention of payout limits.

From:
http://www.goldenreefcasino.com/terms.asp#Rules

Players who win a sum that is 5 times, or more, greater than their total purchases across all CasinoRewards partner casinos will only be able to withdraw their winnings at a sum of $4,000 a week.

It was mentioned in the Joyland thread that jackpots are a major part of promotions, even going so far as to post big winners to draw in players with the potential to achieve huge wins.

I find it disingenuous to then, place in smal print, in an obscure part of the Terms, that when a player win some huge amount, even on a conventional game, such as video poker or slots, say $25,000, which is not unusual, or so they say, that the player has to wait for weekly payouts.

As I said, I have, so far, only found this to b e the case with Casino Rewards. If my information is inaccurate, please correct me.

I would appreciate any additional comment or information on MGS payout limits, if they exist.

[Renee]

The 4k rule only applies to new players.

Progressive jackpots are paid out in one lump sum since they are a software wide contribution and not paid out only by the group that the player wins at.

If there are any more questions please let me know.

[bb1web]

only applies to new players

very reasonable in my mind. You risk this T&C effecting you one time, when you first deposit.

This might be an action which they are using to buy time to investigate any really big win happening from a new player which is always a concern to casinos.

[joeyl]

The 4k rule only applies to new players.

Progressive jackpots are paid out in one lump sum since they are a software wide contribution and not paid out only by the group that the player wins at.

If there are any more questions please let me know.

Okeydokey:

1) Why don't the terms say what you say they mean?

2) What consitutes new? 1 deposit, 2, 3?. Or 1 month since signup, 6 months maybe?

Cheers.

[Amateur]

Renee,

That portion of the Terms I quoted goes into some detail about "...5 times...across all CasinoRewards partner casinos...", but makes no mention of it being applied only to new players.

If this is the case, why is that not stated, specifically, anywhere in the Terms?

[Renee]

Renee,

That portion of the Terms I quoted goes into some detail about "...5 times...across all CasinoRewards partner casinos...", but makes no mention of it being applied only to new players.

If this is the case, why is that not stated, specifically, anywhere in the Terms?

I will ask this question, but my guess is that this term has to do with fraud and security. I'm pretty sure if that is the case I won't be able to post the "timeframe" of a new player for this term.

Will get back to you once I know.
Cheers

[Amateur]

I will ask this question, but my guess is that this term has to do with fraud and security. I'm pretty sure if that is the case I won't be able to post the "timeframe" of a new player for this term.

Will get back to you once I know.
Cheers

And yet, so far, I haven't found this payout limit in the Terms for any other MGS casinos. CR seems to have issues the other MGS casinos do not have.

Those without these terms seem to believe that a bet is a bet, and a win is a win, and should be paid to the winner.

[Renee]

And yet, so far, I haven't found this payout limit in the Terms for any other MGS casinos. CR seems to have issues the other MGS casinos do not have.

Those without these terms seem to believe that a bet is a bet, and a win is a win, and should be paid to the winner.

Well I suppose we could always just add the full amount of chargebacks and costs to your affiliate account if they turned out to be fraudulent or something.. perhaps that would be a better idea I guess..

Yeah I'm kidding, but I think you guys sometimes miss the point that we do this because of the not so honest players. They ruin it for everyone and to put rules in place actually benefits you too. I guess it might be hard to see that until you were hit with a cost from one of the players that rules like this are put in place to prevent.

Still waiting on an answer BTW.

[Renee]

From the RM dept:

The 4k rule is in place due to our online banking regulation, security and fraud. This is also in place so not to set off alerts with the banks by depositing large sums all at once...

If there are any further questions, let me know.