Financial stability

Financial stability of casino

Let’s compare a casino with an insurance agency. Would you guarantee your home in an insurance agency that gets less in one year than a value of your home? Probably not. If your home burns to the ground, your insurance agency won’t have enough cash to pay and you will have to go to court. This can lead to their bankruptcy, and even in this case you will not get your money.

The circumstance with the online gambling club is similar. If you win a huge amount in a small casino, it will lead to a violation of its cash flow. The casino will try to cheat you in order to not to pay your winnings. In the worst case, the casino will face insolvency. In this case, it is not about honesty or dishonesty, but rather that the casino does not actually have such amount of money.

Some gaming machines have such a high enlargement of prize that, in the event of a win, you can increase your bet 5000 times. In this case, at a rate of 50 euros, you will win 250 000 euros. Casinos prefer not to set bid limits in order more cash from rich players. Gambling clubs that are more transparent bypass this by setting a maximum withdrawal limit. In such cases, you see that the casino has not high income, and a great gain will take you many years to withdraw. The least responsible casinos do not solve this problem at all; they just hope that nobody will win such a large sum.

In any case, before the game starts, check the financial stability of the casino. Always choose the best casino to get 5000 times higher than your bet to be sure that it could pay you. Because if the casino does not pay you, it would most likely affect your mental health.

In addition, you must definitely know the limits on withdrawal. Otherwise, in order to withdraw 250 000 euros, you may need 7 years, deducting 3,000 euros a month. During this time, the casino can get lost and you will not get your money.

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