Advice for U.S. Players
Anything related to casino whoring, monthly reloads, etc.
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- last active 9 days ago
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I have recently completed the ND Bonus and Playthrough at LuckyRed Casino and have $250 to withdraw, but first I must make a deposit.
I completed all of the necessary paperwork and scanned the front and back of my MasterCard, however, it turns out that they cannot process MasterCards, and after reading some other threads here, it turns out that many places cannot process MasterCard. My MasterCard actually accepts International transactions, but it still cannot be processed.
I decided that I would go ahead and use my VISA Debit card, but it turns out the card itself is in my wife's name. We have a joint checking account, but that doesn't matter.
My winnings would be void in the time it takes to get a VISA card (which I have coming) in the mail, or for the bank to issue a VISA Debit card in my name.
The result of this is that I had to create an account using MyPayLineQ, and they cannot process MasterCards either, so I have to buy a pre-paid VISA card in order to make a deposit with them.
I will now have to purchase the pre-paid card where the cost of the card itself is $5.95. Furthermore, I can only withdraw from MyPayLineQ using Western Union or Moneygram, and the cost of that is $20.
In short, my $250 winnings (which would have been $241 after LuckyRed's, "Pay my card," fee) are going to be about $224, less fees on the Western Union end of things, if applicable.
That's also assuming I don't lose the $25 I am depositing, but I don't plan on losing that.
The other thing that kind of sucks is that you cannot withdraw an amount greater than your total deposits from MyPayLineQ for thirty days, and I don't plan on depositing $250 in there. The minimum withdrawal from MyPayLineQ is also $200.
I'm going to essentially wait for thirty days and get $17 less, but that's still pretty darn good considering it doesn't cost me anything except for the deposit that I don't plan on losing.
In any case, MyPayLineQ will probably be a one time thing. The new VISA dshould be on its way, and I prefer to not get tagged for $20 everytime I cash out some winnings. Of course, if I win on the $25 deposit, that would also go to MyPayLineQ because I must withdraw in the manner I deposited, but such is life.
I am still glad for MyPayLineQ to be there on this one occasion, or I would not have any of my winnings. The customer service at MyPayLineQ is also world-class.
What a hassle for you Mission146! Glad you got it sorted! One thing though, I made a recent withdrawal from MyPayLinQ and in the end the total fees between their fee and Western Union was $50... just be prepared for that.
- Replied by
- at May 12, 2012, 04:48:45
- last active 19 days ago
The other thing you might do, is once the money is in MyPayLinQ, rather than withdrawing and losing the extra money is to just use those funds to deposit into your casino accounts. Then when you get a big sum from winnings, withdraw then and the fees won't take such a big part of your total. Just a suggestion, good luck with the whole thing, no matter what you decide to do.
Thank you for your advice, particularly the sound advice you offered in your second paragraph concerning the fees being a lesser percentage of my winnings. In that instance, though, the assumption is that there will still be winnings left from which a lesser percentage will be taken!
I have not always done this, but as I have matured as a gambler, I have adopted a strategy of, "Cash-Out and start over." The way that works at the physical casino is, for instance, if I intend to bet $50, then I break that $50 up into five portions of $10. I will then put $10 into a slot machine and Ticket Out when it hits $15, or better, (always playing down to the nearest dollar) and then I will cash my ticket and stick the $5.00 (or more) into my wallet while I put the $10 back into the money to be wagered.
If $10 is lost to a machine, then it is gone forever as all winnings from machines go into the wallet and the $10.00 that won them always gets re-gambled. You will repeat this process until you have lost all $50 to be gambled.
The reason that I do this is to be satisfied with my winnings as well as to get rid of the all-or-nothing dichotomy that previously plagued my gaming techniques. It is very rare for no machine to allow me to reach at least $15, so I always walk out with something.
I don't think that my actual profitability percentage, which is probably about 110%, lifetime, has gotten much better because of this strategy, but I know that it has saved me from losing all $50 on a few occasions.
In fact, the most recent time I went to the casino, I thought I had gotten absolutely killed because I had not seen any big or semi-big wins. I had been there for about three hours, though. When I lost my final $10.00 reserved for gaming, I went out into the parking lot, arranged the bills in my wallet from highest-lowest, counted my cash, and sure enough, I actually had $70 in there! $20 profit.
With my old, "Doubleplus or Nothing," methodology, I probably would have lost that $70.00, as well, because (planning to gamble $50.00) I would not have stopped until I hit at least $100 total.
Mission146, that is exactly what I do in land casinos. Winnings get put away immediately. Then continue to play on what I planned to spend on the days entertainment.
- Replied by
- at May 12, 2012, 07:21:31
- last active 19 days ago
I even do that online in certain games. Rather than spinning until I hit or give up, I plan 10 spins to determine how the slot is doing. But, if I hit, I cashout on the slot and start over with the 10 spins I planned. Then if I don't hit again and get over my original investment plan to cashout, I go to another slot. I don't think I really improve my chances of making playthrough, but I do get a lot of play time on a little bit of money... mostly free chips. If I do deposit I don't take a bonus, so I can quit when I am ahead and cashout whatever the minimum is for that casino.
With MyPayLinQ I think of it as banking my play money, because otherwise I know I am going to deposit as much eventually from other sources and in the meantime I have not given them or Western Union a big chunk of my play money just to get my money from them. But that is just me. I can stretch a buck a long way, but not if I have to give them away $50 bucks at a time.
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