zaRynoBester
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7 June 2021 - 9:35am

Punt Casino

11 replies • Last post

Punt casino is currently dragging payout of my withdrawal, R35,100.00 with an account limit term now only paying R5.000.00 weekly for 6 weeks coming.

I have to resubmit withdraw each week whereby processing cost are deducted each transaction and i have to fall back in with the 3 working day processing period.

This is surely unlawful, battering and imposing and dictating outcome. Unfair and obviously subconsciously based on user re-playing yge winning rather than wait for 6weeks pay period.

Please if possible can somebody help me out or assist me with this problem.

Thanks
Regards
Ryno Bester

lvblck
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7 June 2021 - 10:16pm
#1

First of all, congratulations on your win! Secondly, if the withdrawals have to be split due to max payouts per week, I don't think there's much else to be done. As annoying it can be, most casinos have maximum weekly payouts. Just make sure to not lose the winnings, perhaps add a loss limit? Maybe Ed will have some feedback on this.

auCL-Ed
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7 June 2021 - 11:39pm
#2

I looked them up as I've not heard of them before and they are a RTG casino, and look to be associated with another one called Yebo. A high percentage of RTG casinos are run by rogue operators, but that aside, almost all have this sort of limit so there is nothing you can do really except wait it out. The "good" ones specify an exact amount that they will pay each week and will pay without hassle. On the other hand there are ones like Punt who do it like this (emphasis added by me):

Quote:

6.6) A mandatory waiting period of 24 hours is required before any processing payment of winnings. During this period the player has the right to cancel his winnings. All cash-ins will be subject to audit before being processed. The maximum withdrawal amount is determined according to player class. This can take between 5-10 business days. You will be notified by email when we send out your winnings. Withdrawals and changes to payment instructions are subject to clearance by our Security Department. Punt casino reserves the right to pay out higher winnings over a period of several weeks.

That is a time honoured tactic of a rogue casino right there. They are trying to reserve the right to pay you as little as they feel like (or can afford) without specifying a hard number. We've seen casinos with this rule pay people as little as $150 every few months.

"Player class" is casino BS speak that really means that if you have deposited and lost loads in the past and they think you will keep doing so in the future, then they are more likely to pay you quickly and in larger amounts. But they will pay the vast majority of players (and most especially winners who are ahead) the bare minimum that they can get away with.

5-10 days to process a payment is a joke. Also I can't see any evidence that they are licensed anywhere, including rubber-stamp faux jurisdictions like Curacao.

All I can say is cross your fingers and hope that they pay you, and whatever you do don't reverse your withdrawals, and don't deposit or wager another cent in their casino.

blck

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zaRynoBester
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8 June 2021 - 5:03am
#3

Ed,

Good heavens you are the man, thanks for this amazing response, luckily its seems i have them on the chain, received payout and awaiting the the rest as we speak,

I had 20 odd people go to various sites yesterday to start making negative reviews. I then notified them via live chat column and dropped the individual link for them, i warned them that im that kind of fella, mess with me i bring an army...

Im quite clued up with the terms and operating conditions of various online casinos, im a frequent winner, yet my first struggle like this 1 at punt.

Nevertheless thanks alot for your time and effort regarding this matter I appreciate it greatly.

CL-Ed

auCL-Ed
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8 June 2021 - 6:44am
#4

Be careful making threats against casinos. It's not usually a good idea especially with an unregulated casino like Punt, because there isn't really much you can do to compel them to do anything. More often than not they will use it as an excuse to close your account and refuse to make any further payments. Good luck man, my fingers are crossed for you.

Always play it safe! Consult our list of rogue casinos and warnings before depositing at a new casino.
Post in our forums to earn CLchips which can be used to buy real prizes in our CLchips shop.

zaRynoBester
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8 June 2021 - 7:05am
#5

Thanks again for your time i really appreciate it greatly, they are paying me recieved funds to my bank account already. Seems they have been playing the bluff on my hand to see if I would be playing the winnings back again.

I will keep you posted on progress and proceedings.

Have a great day and thanks again!!

2 CL-Ed, Lambino

zaLambino
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8 June 2021 - 11:37am
#6

I have an account at punt they the same guys who own yebo casino , I think you very lucky to even be getting paid out to be honest I had issues with a R1000 payout that I ended up just playing the money back to save myself the frustration , they don't have the best name either , be careful though I think they only paying you because despite this withdrawal they still up on you if you up on them after this withdrawal I'm not sure they would he paying you

CL-Ed

zaRynoBester
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8 June 2021 - 11:53am
#7

Lambino,

Thanks for your experience and insight, i definitely agree with you about all above mentioned items, and yes you are 100% correct.

I wont be playing with them hereafter again.

Im a very frequent winner at Springbok Casino i actually withdraw at their casino every 2nd week or so. Im have to be honest, i enjoy springbok to the max, only problem is they don't offer any bonuses to me due to the fact that I am a frequent winner.

I will run out this delay strategy with Punt, as i have been blessed with calling someone bluff, 6 weeks to obtain 36k is kinda a win still in its own way.

Anyhow, thanks again for your time and effort regarding this my post, to all above. Appreciate it greatly

2 CL-Ed, Lambino

zaLambino
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8 June 2021 - 12:35pm
#8

Good Idea rather leave them and stick with the decent casinos , why dont you try out some casinos offering better providers than RTG , I used to play at springbok casino aswell mainly because of they offered ZAR but after playing at like Videoslots and Stake crypto casino I only play RTG casinos if there is a freebie thrown in trust me once you start playing slot providers like Play N go , netent , Nolmit and thunderkick to name a few you will find the RTG slots serioulsly lacking behind

CL-Ed

zaRynoBester
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8 June 2021 - 1:03pm
#9

You seem to be well educated about the in and out, the matter of the fact is that i really win with RTG Casinos... Maybe you should elaborate more on this element. Also, are any of said casinos offer ZAR deposits,cause that is mainly part of the reason why i play with them, oh yes and the winnings of course.

Please if you don't mind assisting me by showing some way here. Thanks appreciate

zaLambino
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8 June 2021 - 7:32pm
#10
RynoBester wrote:

You seem to be well educated about the in and out, the matter of the fact is that i really win with RTG Casinos... Maybe you should elaborate more on this element. Also, are any of said casinos offer ZAR deposits,cause that is mainly part of the reason why i play with them, oh yes and the winnings of course.

Please if you don't mind assisting me by showing some way here. Thanks appreciate

Well the casinos I mentioned above are recommended from my personal experience with them especially compared to the South African RTG casinos , if you you ever want to try out other casinos I recommend those because they payout almost instantly and if you had to have an issue they are casinos where you can resolve your issues with them easily when compared to The RTG casinos , so its just my recommendation really

zaRynoBester
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8 June 2021 - 7:51pm
#11

Awesome!! I will be visiting Videoslots tonight lol

Thanks for all the comments and input. Appreciate it greatly

Lambino

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