So we’ve just gone through the 3 year milestone since the much maligned Unlawful Internet Gambling Enforcement Act (”UIGEA“) was underhandedly snuck in as an amendment to a tenuously related anti-terrorism bill called the Safe Port Act. I’m not going to cover old ground, but if you want to read up on just what happened and the implications to US gamblers and resultingly, USA casinos, then check out the Wiki page for some informative, if not slightly disturbing, reading. So it’s Fall 2009 and what’s changed? Where is the USA heading on online gambling?
Many players who play at online casinos will be familiar with the concept of “reversing” a cashout. This is where you get lucky, cash some money out and a little later decide to reverse it into your account to play with it. The timeframe in which you have this option following a cashout varies from casino to casino and is often referred to as the “Reverse Withdrawal” or “Reverse Pending“.
Not all online casinos implement this feature - it largely depends on the software platform they have licenced as to the policy they adopt. It is not generally a popular feature with players as this poll proves, but there are two sides to every coin and this article examines the psychology behind it, both from the player and the casino’s perspectives.