Pending Periods are designed to increase casino profits
Pending periods and thus possibility to reverse are only there to improve the casino profit...period!!!
This I know for a fact as i was once a, let's call it, super-VIP at the FL group with >500K in deposits/year (much less nowadays as i want to retire at 55

)and had my own personal VIP host. My withdrawals would be paid instantly after flushing except on weekends at a time where 2-3 days was the norm at MG casinos. Some 3 years ago they stopped flushing and introduced the mandatory 24hr pending period and my host told me that within a few months their profits jumped by >30%!!!! What an easy and fantastic way to improve profits.
After reversing and losing a few big withdrawals within a short period of time I started looking for a new casino to play at and that is how i ended up at the 32RED group, who at the time paid 24/7/365 twice/day. That was by far the best at the time.
Fact is the possibility to reverse withdrawals is certainly not responsible behavior by any casino. To restart the pending period after a partial reversal and re-withdraw makes it even worse as it prolongs the time the winnings can be reversed and hence increases the possibility for the casino that they will never have to pay out at all.
Fact is my deposits are taken instantly. Just imagine you play in Las Vegas and you are taking your ticket to the cashier and they say "thank you sir, please come back tomorrow to pick-up your cash".
Fact is that online casinos try to explain pending periods with security/play checks, player convenience and cost they have for deposits/withdrawals. MG and other providers have automatic systems to do security checks in a flash, cost for dep's/withd's are already factored into the cost calculation of running a casino before a new casino goes live, player convenience is just the lame excuse put upfront.
Fact is that MG and other providers have systems in place and had this for years to have withdrawals paid automatically and instantly the soon you hit the Withdraw button. Yet only a few (albeit an increasing number) chose to use them.
Pending periods and reversal possibilities are plain
predatory practices!!! Nothing more, nothing less.
Here's what i would propose:
- you are OK with pending periods etc - leave everything as it is
- you want instant withdrawals - put a button in the cashier "INSTANT" ...a small fee is deducted from your w/d and if that is not enough reduce my promotional bonus offers, this can be personalized easily & automatically by the software. If i have a good win i won't care if my DOTD gives me the next day a 25 or a 50% match. (As said above MG has this already in their software, just none of the download MG casinos activates and uses it, for reasons see post title)