Do Online Casino Cheat Players Of Their Real Money Rewards?

Do Online Casino Cheat Players
Do Online Casino Cheat Players

Most real money gamblers have accepted the fact online casino game and gambling as a whole is way to have fun and not a way to make money.

As such, when they play games at the casino they are always making sure that they have fun.

However, we cannot help but think of the real money that we can win at the back of our minds. And we can’t help but ask, “do online casinos cheat players?” We get curious and want to know if the games that we play are truly fair.

Do Online Casinos Cheat Players?

The answer to that question is no. Trusted, safe and secure online casino, like the ones that we have reviewed on this site, will not cheat players of their real money rewards. However, there are some online casinos that will try and increase their revenue by cheating players. Moreover, to do so, they engage in some tricks that you will not even notice.

Ways That Some Online Casinos Cheat Players

On average online casino X has 20 000 online gamblers that have visited the casino. Of the 20 000, 2 500 players will walk away with real cash in their bank accounts. And 4 500 players will be able to break even, meaning they won’t win or lose. At least 13 000 of those players will leave with less money in their pocket.

However that is gambling, and we all know that in gamblers, there will be winners and there will be losers as well.

Allow us to focus on the 2 500 winners and how some online casino can increase their revenue by using the players.

  1. Increasing The Withdrawal Time

    Online casino withdrawal methods have a pending time of at least 24 hours and if they are stretching it, they can take have a 72 hours pending time. And from that pending time, e-wallets can take 48 hours for the funds to reflect, while credit cards can take 3 to 5 days and bank transfers will take a week. And players are used to this as this is the norm in most casinos.

    However, there are some casinos that deliberately stretch the withdrawal time. And in your mind, since withdrawals usually take time there is not much difference that will make be right? Well, this wrong as the withdrawal time does have a bearing.

    With a delay of 24 to 48 hours on top of the average waiting time, 25% of players are most likely to reverse their transaction. And should the delay last 7 days, 50% of the players are most likely to cancel their withdrawal and start playing again.

    By cancelling withdrawals, you have given the online casino more of your real money as you will just start playing with it again. This means that you are now prepared to lose it all over again. This then means that you have not won anything at the casino.

    The best way to avoid this is by playing at casinos that have fast withdrawal times. In addition, you can use cryptocurrencies to gamble as they offer players instant deposits and withdrawals.

  2. The Bonus Trap

    Another way that some online casinos cheat players is The Bonus Trap.

    All online casino will offer players a welcome or sign up bonus. The signup will need you to deposit a meagre AU$10 and stand a chance to win at least AU$500. Seems like a good deal right, but then did you read the fine print and make sure to under tan the casino wagering and play through requirements?

    This is where online casinos will trap most players. As lucrative as the bonus seems, some of the wagering requirements can be ridiculous. There are some online casinos that will need you to play with AU$2 000 for you to be able to claim AU$5 00. That is why it is called The Bonus Trap. You will play with more than you can win.

    To avoid this, players need to make sure that they read and understand all the bonus wagering terms and conditions. And we would advise you to not play at an online casino if you do not understand the casino terms and conditions.

Conclusion

These are 2 of the most common ways that some online casinos cheat players of their real money rewards, and we would advise you not to fall prey of these two methods. Make sure that you always take note of the casino withdrawal times of the baking methods that you want to use. In addition, you need to make sure that you read the terms and conditions of any real money bonus or promotions that you want to claim at the online casino.

Do Online Casinos Cheat FAQs

Do online casinos cheat players?
Trust, safe and secure online casinos do not cheat players. However, there are some online casinos that want to take advantage of pf the player’s real money wins.
What is the Bonus Trap?
The bonus trap is when players are stuck in an online casino bonus. Such that they can neither get out of the bonus nor do not have enough funds for then to get on playing to claim the bonus.
What is the average online casino withdrawal time?
To be able to participate in the WSOP and WPT poker tournaments, Aussies can either buy-in or they can win their way through beating all the other players.
How much are the real money rewards that WSOP and WPT poker tournaments offering?
Most online casinos have a pending time of 24 hours is the average. And as for the withdrawal times, cryptocurrencies are instant, while e-wallets take 24 to 48 hours, credit cards take 3 to 5 days and bank transfers take 7 days.