Reverse Withdrawal Bonus

March 17, 2011 | Article Category: Casino Bonus

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When a player decides to withdraw funds from an online casino, instead of releasing the funds immediately, the online casino often puts the funds in a holding account. While the funds are in the holding account, waiting for the withdrawal to be processed, players have the option to change their minds about withdrawing the funds, and can choose to have the funds placed back in their online casino accounts. This option is called an online casino reverse withdrawal.

Online casinos prefer it when players make use of the reverse withdrawal option because the player will then use the funds wagering in the online casino, rather than withdrawing them. Most online casinos simply offer reverse withdrawals as an option, however, some online casinos offer a reverse withdrawal bonus.

The reverse withdrawal bonus is a somewhat controversial online casino bonus. The reason for this is that the offer of a bonus so that you will keep your funds in the online casino instead of withdrawing them is frowned upon by some. There are others, however, who feel that if a player does decide to make use of the option for a reverse withdrawal, it is a good thing that the online casino will reward the player for leaving their funds in the online casino.

Reverse withdrawal requests are not made very often, because players will often only make withdrawals when they need their funds. The time that reverse withdrawals are used most often is when a player wins big and a large payout is made. In cases such as this, the player may have made a decision to withdraw all their winnings, however, when the online casino offers an incentive of a special cancellation bonus, they may feel it is worth their while to leave the funds in the online casino, instead of depositing more funds when their balance runs low. The player may initially choose to withdraw the entire amount, and while the funds are in the holding account, may change hhis mind and decide to withdraw only part of the funds. Should the player make this decision, a reverse withdrawal will be necessary.

A reverse withdrawal cancellation bonus is likely to offer the player a fairly high online casino bonus, which would give the player quite a high percentage of return on their money should they manage to win, or break even, rather than lose the money to the online casino after choosing not to withdraw the funds.

There are always terms and conditions that should be thoroughly checked before making a decision to make use of a reverse withdrawal. As far as the cancellation bonus goes, there may be wagering requirements that players should be sure they can fulfill before making use of this bonus option, just as they should do for any online casino bonuses that they accept.