Thursday, March 27, 2008

Playing smart with online casinos

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by Steve Briggs

Recent events in the online poker world which I will elaborate later upon, have echoed what I have been telling players for years about financial matters with online casinos and it is obviously good advice to this day. To be diligent about your banking when dealing with online casinos and poker rooms. Never leave more money in your account than is likely to be needed in the near future, although its fine to leave that much in there without too much worry. However if you accumulate a considerable amount or hit a big win all at once its best get a good amount out but to not withdraw all of it at one time. This is just to always take the most cautious and wisest approach to withdrawing large sums of money from online casinos or poker rooms. The reason for this is that unscrupulous establishments will often evaluate your proven gambling history with them and if they summize the money you are withdrawing is more than they think would ever be gained back from you then they simply do not pay. Of course this is not the norm but it is good advice to plan for the worst when handling your financial matter to help assure no problems will arise.

Yes there are those players who will insist they have the right to take all their money when they want ... and they are correct. But my experience of over eight years in the online gambling niche tells me that you take the approach of standing up for your rights and endure a bigger chance of not getting paid or you can be a little smarter than the average bear and let somebody prove a point while risking their money. One of the reasons for only withdrawing a portion of your large accumulation is that if you are playing a casino that evaluates players as mentioned in the first paragraph is that the casino is much more likely to pay you the half because they will be thinking you are planning on playing off the remaining funds.

While this is not the case to which i first eluded, the results are without doubt proof that you shouldn't keep any more funds in an account than what you can afford to have tied up for a period of time in case of unexpected problems arising.

The incident in the poker world is with those places using the "Poker Dream" platform which according to their own officials have been victim to a credit card scam covering the globe but sadly it has led to the freezing of legit player accounts as well as those who may be guilty. This writer assumes those funds will eventually be released but who knows when this will happen and then there is always the risk that the scam could lead to bankruptcy in which case any accounts frozen will have even less chance of recovery. Some of the poker rooms by name are "Poker Retreat", "Ducks Full", "Kruz Radio" and "Dawwgs Hold'em".

One last thing about being diligent with your banking at online casinos and poker rooms is it keeps you on the cutting-edge of the direction your chosen gaming establishment is headed in the future. If payments become slower or harder to meet cash-in requirements then it may be time to tighten your belt at that specific place in order to reduce any possible future losses if your suspicions are correct. There is certainly no downside to keeping your money close other than the cost of transfering funds back and forth from your ewallet but that may prove a small price in comparison to losing a big bankroll that your "little voice" had warned you to get out.

Steve Briggs is the author of this article on Online casinos. Find more information at www.casino-high-roller.com

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