Recently, many online casinos have initiated a new type of bonus- casino withdrawal request cancellation bonus that needs explanation and discussion. Whatever name the casinos and players may refer to it by, the purpose of this online casino deal is to motivate the players to cancel withdrawal requests. Read on to know more.
Before understanding online casino withdrawal request cancellation bonus, let us try to comprehend what is the cancellation of withdrawal requests. Whenever players want to withdraw funds from their casino accounts online, they need to put in a withdrawal request with the cashier section of the casino. Generally there is a certain processing time involved before the withdrawal request, during which the player cannot use the funds for wagering. The processing time for the withdrawal requests may vary from 24 hours to 48 hours. During this time period the players can cancel their withdrawal requests if they wish to. Once a withdrawal request is cancelled, the funds are unlocked for the player to use them for wagering and the original withdrawal request is canceled out.
Quite obviously, it is in the benefit for the casinos online if the players cancel withdrawal requests. If the funds lying in the player's casino account are used more for wagering by the player, the online casinos stand to make profits as all casino games have a house edge. But in normal routines, players do not make reverse withdrawal requests, as they withdraw funds only when they really need to. But in case he has received a big payout, he may feel like indulging a part of it in extra wagering, since he feels he has won a lot. This is when the cancellation of withdrawal requests usually comes into play. The online casinos aspire to arrest this temptation and offer the withdrawal request cancellation bonus online.
The online casino withdrawal request cancellation bonus is a substantial percent of the reverse withdrawal. Let’s say for instance, this percent is 40%. So, if the player makes a reverse withdrawal of $100 then he will get $140 to play with without making any deposit.
But reversing withdrawals should not be taken casually by the players. They must only cancel a request for withdrawal when they have made the withdrawal request in error. Just the mere availability of casino withdrawal request cancellation bonus should not justify a cancellation. These online casino deals are a new way of keeping the players interested.