Does anyone else think that this feature of being able to reverse withdrawals causes all kinds of problems. I recently, when I was gambling (Currently in my fourth day without placing a bet) managed to turn £100 into close to £3000 and then I put it through to be withdrawn. This was on a Saturday. I checked back on this withdrawal several times in the next few days and all I got faced with was 'would you like to reverse this withdrawal?', this carried on until Tuesday morning when I finally gave in and clicked yes. So that was Saturday to Tuesday and still **** hadn't processed my withdrawal. I then lost the lot when the tennis player I was betting on retired hurt just to add insult to injury (literally)
I complained to **** that I could not understand why it could take four days to process a withdrawal and they basically said 'tough luck' and sent me a load of legal jargon, two business days etc. But I just don't think this should be allowed, it's designed purely to take advantage of problem gamblers and it shocks me that it is legal.
Anyway, having read other peoples stories, it seems that the reversal of withdrawals is a constant theme. I also feel that whenever in the past I have reverse a withdrawal on a slots site I always then just run through the money without winning a penny, funny this.
It does frustrate me that companies are allowed to get away with these things. Obviously I'm trying to move past all of this but I do feel that certain things in the industry need to be changed to protect people who are clearly addicted and should not be gambling such large amounts of money.
They have to do credit checks on loans etc, I think Gambling companies should have to check that you can afford certain bets etc and I really feel it's all wrong at the moment as though people in higher places simply do not understand the issue and understand that lifes are being ruined etc
Welcome to the reality of gambling addiction.
My only way of staying out of it so far is by taking it 100% seriously. I attend GA meetings, have had counselling and continue to be honest on a daily basis including a whole load of safeguards.
Hope you manage to stay away
tri
I feel same bout these reversal selections I always end up losing what I tried to take out these companies know what there doing
I dont know where this was but maybe in France there was the ability to have the reversal of withdrawals disabled.
I lost tons of money thru this... turned 200 quid into 15000 over a week, lost it all in basically few hours
next time again 200 into 8000.. lost it all in 1 hour afterwards
last time had 3300 ready in withdrawals but as usual lost it all in few hours.
you can imagine i then chased this by additional deposits. and lost few thousands in the process.
I think it would help if you cant reverse it. I used to have deposit limits (obviously you can just go to another site and create new account if you hit the limit) but if I was not able to cancel the withdrawals I guess it would take me longer to loose it...
but hey... the key here is just not to gamble... lets just live our lifes...
I'm planning on not gambling again..
Hi
The thing with reversals is that they were never going to place your money on a silver tray and rush round in a car.
We all need to place this in context. Heck Ive seen operators switch off a machine after something came my way and then deny all responsibility. Void and I can do nothing about it in the days before the machines had a memory. Whistle for it because some operators couldnt care less. Gambling dens are not run by angels and I reckon if we met the owners it could help shake us out of the addiction
Thank the skies this put me off online gambling because I simply dont trust anyone from a distance. It didnt save me though because I would gamble locally in arcades and bookies. Ive seen these places have powercuts which is yet another thing stacked against us. On at least one occasion I waited over half and hour for the machine to reboot and show my credit tally after a thirty second power cut. I remember getting so stressed and angry and I almost wish it was on video so people could see an addict in action. Ive seen angry drug addicts and thought it was an absolute disgrace. There was I acting in just the same way.
So having a go at reversals is just clutching at straws in a much deeper issue of addiction. We couldnt even face that of course the gambling dens want our money and all the real risk is with us.
Im stating the obvious that of course these dens want us to keep gambling. I agree that the laws and rules are lax but thats because the government rake in a fortune from the gambling tax.
The gambling dens get away with far too much but the biggest of these is that they are selling a dream which has nothing to do with the reality of gambling for most people. Reversals is almost the least of our worries
The minute you start gambling they have you. Its a mugs game and a tax on the poor.
Best wishes to everyone on the forum
Hi all, it's my first post on here and an interesting topic. I personally have found it a useful tool on occasions on certain casinos as I can avoid extra fees on deposits. Theres 2 points I guess that are really key here, the casino for example has a house advantage on any bet. So the longer you play the better chance they have of getting your money. Reversed withdrawal are their way of keeping the winnings on the site (which I'm sure you all know I am just being complete in my comment). My other point is going to be a bit "tough love" so brace yourselfs lads and lasses! No one is forcing you to use this tool, you can make any number of excuses but its us that makes us loose that money, its us that click that reverse withdrawal and while there is a greater chance of us loosing it all but... There is still a chance we could win (I really want to emphasise this is a loosing game more bets placed = greater chance of loosing) so the casino is facing risk in this arangement too is what I'm trying to say. I am a problem gambler too and I will never blame any tool on a site for my problem its me that lost my money its me that bet no one forced me to reverse withdraw etc I made that choice and I accept it was my mistake. Now thats why I'm here to try and get better 🙂
I'm glad Gaffer you have reflected on your own gambling experience and come to some understanding however understanding of addiction can be far more complicated than the simple "tough love" you experienced.
I wish all the best in their recovery, tri
I completely agree with virtually all the comments made on the subject. Sometimes it feels good to vent. I mean it's my intention to get free of this affliction completely and right now I don't ever want to gamble ever again but that doesn't mean I don't have frustrations from when I did. For sure, there are many things so wrong about the whole industry but if you don't gamble then it doesn't matter. At least not to you but then there is nothing wrong with a cautionary tale.
triangle wrote:
I'm glad Gaffer you have reflected on your own gambling experience and come to some understanding however understanding of addiction can be far more complicated than the simple "tough love" you experienced.
I wish all the best in their recovery, tri
Hi tri, I appreciate the point! problem gambling is not an easy or simple habbit to shake! I still haven't completely removed my demons but I hope I'm at least on the road to getting over them! what I meant by the tough love comment was we can blame reverse withdrawals but at the end of the day its us that clicks the button no one forced us to reverse, we must take responsibility for all our mistakes and work to learn/fix them - thats what I meant by tough love 🙂
hope your recovery is going well too!
kindest regards
Gaff
Hello,
With regards to the reversal of withdrawals I used to have this problem all the time. Would win big and plan what I was going to spend it on. Three hours later it would all be gone plus more.
The way I attempted to get round that problem was I only used accounts where you could set a wager limit. After I withdrew my winnings I would set a wager limit of £1 per week. This meant there would be no reason for me to cancel the withdrawal. Another thing I would do is use the take a break feature so I was banned from the site untill my withdrawal was processed.
However, we are kidding ourselves if we think we lose money because of that feature. We lose money because we have lost control of our gambling. Eventually even though I would set a wager limit I would still lose it all. Because I knew I was up money on one account I would just deposit money on a different account as it felt like winnings.
The deposit / wager limits are a great deterrent. Yes they can be increased but it takes 24 hours to be effective which is great thinking time.
Agree Ineffable - there are not really such things as winnings, they are merely temporary loans which get paid back sooner or later with a nice chunk of interest!
I hate that button!! Last month I turned £100 into £4850!! It took 5 days and still hadn't been processed. Good old no self control and a few more goes wouldn't hurt kicked in and I lost the lot!!!! It would of solved ALOT of issues I had but now I realise the best way to win is by not doing it all xx
I reversed a 21k withdraw that I made with 1k and lost the lot. Its an evil feature that is specifically designed to fleece you.
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