If reversal of withdrawals is a problem, consider playing at a casino with a lock withdrawals feature in place
It happens to the best of us - whether in the midst of a hot streak or chasing losses, most of us have cancelled our withdrawals at some point, and if you've ever been there, you probably know that awful feeling of disgust and shame following a total loss of the balance. It's important to point out that repeated failure to persist the temptation of reversing can be a sign of gambling addiction. If you cannot control yourself and if it's causing you anxiety and stress, you might want to consider taking a break or stop gambling altogether. UK players can turn to BeGambleAware.org for help who will provide you with the tools needed to gamble more responsibly.
But let's start at the beginning. If you win big, you're going to request a withdrawal. However, many gamblers are left frustrated and disappointed when they discover that it takes many hours, or even days, to process the withdrawal. It can be a challenge even for responsible gamblers to fight off the itch of reversing when given the option to cancel the withdrawal, sometimes resulting in total loss of the winnings and possibly even more than that.
While many regulatory bodies go great lengths to protect players, the demand to implement a lock withdrawals feature, or to remove the option to reverse altogether, is yet to be enforced. However, a few selected casinos do provide users with the option to protect their withdrawals, Rizk casino being the pioneers of promoting responsible gambling and first ever operator to introduce the feature. As soon as you click the "Lock Withdrawal" button at Rizk, any access to your balance will be denied, out of reach even for the customer service team.
Since then, only 3 other casinos have followed suit - Slotsmillion, Casumo, and Videoslots, but even at casinos without the option to lock withdrawals there are a couple precautions you can take in order to protect yourself from the urge of reversing. For example, the pending periods at Videoslots are so incredibly short that you won't have time to even think about reversing. In our experience, withdrawals at Videoslots are processed within a couple of minutes, sometimes even in seconds. The same goes for all Pay & Play casinos which are unfortunately only available for Swedish, Finnish and German players. Kaboo and Guts are two other great casinos offering instant withdrawals, though they can be slightly less consistent.
If you decide to go ahead and play at a casino without a lock withdrawals feature or if you're unsure of the pending periods, locking your account for a few days might do the trick. Asking a customer service agent to lock your withdrawal for you might also help in some cases.
We hope that pending periods will be abolished in the future or that the Locking Withdrawals feature becomes a requirement. If you go to a land-based casino you expect to be paid instantly, why should this not be the case with online casinos. Until it becomes a reality, be sure to gamble responsibly and protect your withdrawals when you can.