Be Wary of Casinos Offering Low Payout Limits

May 2, 2018 •

 One thing that never ceases to amaze me is how some casino sites will have in place some very low daily, weekly or monthly cash out limits. The whole idea of gambling at a casino site is that a player has the chance of winning big, and when he or she does so they will want to cash out those winnings as quickly and as easily as they can do.

Therefore the very first thing you should do as a savvy real money player, is to take a look at the cashiers page and also read through the terms and conditions of any casino site you are thinking of signing up to and seeing just what the payout limits are.

Some casino sites could have payout limits as low as just 500.00 each week, and to be honest you should always avoid playing at such a site, for even a low rolling player could achieve a winning payout of that amount with a little bit of luck in playing!

Another thing that some casino sites are now doing is basing the payout limits on a players comp club level or rating. As such if you have just signed up to a casino site and experienced a winning session then you are going to be subject to some fairly low payout limits, as you will not have achieved a high comp club rating having only played their once!

That way of determining the payout limits is quite underhand, for what a casino will then tell a player who has won big, is to carry on playing and by doing so they will then earn more comp points and will rise up through the tiers of the comp club scheme and by doing so they will then be able to have increased payout limits.

But by doing so that player could lose back a fair chunk or even all of their winnings achieved on an initial playing session and may end up with nothing left to cash out!

With that in mind you are going to be much better off playing at one of the more established casino sites available online or play at a casino that is run and operated by a gambling company that also operates land based gaming venues.

Those companies tend to have some huge payout limits or no limits in place what so ever and as such if you do win big at any time you are always going to be able to cash out your winnings in full.

Also be aware that if you do win a progressive jackpot at casino site that has some fairly low cash out limits in place you could end up waiting years to get paid out that jackpot! Microgaming software powered casinos however have a rule in place dedicated to them by Microgaming that will see any progressive jackpot winner being able to cash out their entire winnings in one payment, even if the casino site has payout limits in place.