HomeComplaintsKatsuBet Casino - Player’s struggling to withdraw his winnings.

KatsuBet Casino - Player’s struggling to withdraw his winnings.

Amount: NZ$548.05

KatsuBet Casino
Safety Index:Very high
Submitted: 18 Aug 2021 | Case closed : 04 Oct 2021
Case closed Our verdict

Unjustified complaint

REJECTED

Case summary

3 years ago

The player from Italy is experiencing difficulties withdrawing his funds due to limited availability of payment methods. Since there was an available payment method to use, which the player already used in the past, we concluded this complaint as 'unjustified' and rejected it.

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3 years ago
Translation

The casino refuses to pay with the same method I deposited the first time with which is CoinsPaid (BTC).

Automatic translation:
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3 years ago

Dear Nemokid,

Thank you very much for submitting your complaint. I’m sorry to hear about your withdrawal issue.

Please understand, that the variety and accessibility of payment methods are not managed by the casino exclusively. Several factors as the Licensing Authority, geolocation, and contracts with the payment providers, and bank restrictions, all have a major influence. If a payment method was available for deposits, it doesn’t mean necessarily, that it will be offered for withdrawals too, also it can be discontinued at any time. Unfortunately, casinos are sometimes powerless and limited in offering payment methods to their customers.

 

Could you please advise if you have been informed about any alternative method to withdraw your winnings?


I hope we will be able to help you to resolve this issue as soon as possible. Thank you in advance for your reply.

Best regards,

Petronela

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3 years ago
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This post has been made private by Casino Guru. It contains sensitive information meant to be seen only by the involved parties.

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3 years ago

I understand your frustration. However, as I mentioned earlier, casinos are sometimes powerless and limited in offering payment methods to their customers.


Could you please advise if you have been informed about any alternative method to withdraw your winnings?


Edited by a Casino Guru admin
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3 years ago
Translation

Hi Petronela,


maybe I was not very clear, I have been using Coinbase for a year now and I made deposits and withdrawals on all the casinos of Dama NV and more! I asked why they didn't make me withdraw in BTC since my first deposit on their casino was done with this method. Answer: we are not a financial institution!

If this seems like a satisfying answer to you, since on their site I read that you can deposit and withdraw in BTC !!! Not only do these payment methods appear at the cashier, you withdraw and you receive the confirmation email of your cryptocurrency address and then see you deny the same with this absurd excuse ... Better then not to put these payment methods since they are not materially possible use them in the withdrawal phase! They make you withdraw only with Mifinity or wire transfer when you read that many other payment methods ...


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3 years ago

I understand your frustration, Nemokid. Please understand that displayed payment methods may not be available for all the countries or other payment provider's restrictions. Which other way to receive your winnings would be acceptable for you?

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3 years ago
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This post has been made private by Casino Guru. It contains sensitive information meant to be seen only by the involved parties.

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3 years ago

Could you please advise if you have changed the currency of your casino account recently?

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3 years ago
Translation

Absolutely not, always played in NZD currency. However, the casino allows you to play in different currencies while also depositing in cryptocurrency. Let me explain better, the casino forces the customer to withdraw their winnings instantly only with Mifinity, while if I request to withdraw in cryptocurrency they make up the story of not being a financial company. There is not only Mifinity as a withdrawal method in their casino, if they put other methods active, the player should be able to withdraw with the method they prefer not with what they want.

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3 years ago

Thank you very much, Nemokid, for providing all the necessary information. I will now transfer your complaint to my colleague Martin who will be at your assistance. I wish you best of luck and hope to see your problem being resolved to your satisfaction in the near future.

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3 years ago

Hello Nemokid!


I will take care of your complaint from now on. I would like to invite representatives of KatsuBet Casino into this complaint in order to help us resolve the withdrawal issue.

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3 years ago

Dear Casino Guru Team, 


We have reviewed this case and would like to shed the light on the situation that has occurred.


Our casino offers players to withdraw via different payment methods both fiat and crypto and we are constantly trying to expand the list of available payment methods.


Let's get to the specific situation with this player. The player's first deposit to our casino really was made using the cryptocurrency. It was the first and only deposit to our casino via crypto, after this the player started making deposits using the MiFinity wallet. In some time after the player started using our casino, he got lucky and won a certain amount of money which he tried to withdraw. 


The player has made a withdrawal request using one of the cryptocurrency methods. We have to emphasize that the player has received winnings while playing with the deposit that was made from the fiat payment method.


Our casino works according to the rules, therefore due to the anti-money laundering policy, the player was advised to use one of the available fiat payment methods and since the payment method that was used for depositing (the deposit from which the player won was made with MiFinity) was available to withdraw funds - the player was advised to use MiFinity for making a cashout. 


Moreover, we would like to add that since the complaint's creation on August 18th the player made several successful withdrawals using the MiFinity payment system. The player's requests were processed in a timely manner, and the funds were received by the player as soon as possible.


Paragraph 3. HOW WE USE YOUR INFORMATION in the Privacy Policy of our casino states: "g) Monitoring and investigating transactions for the purposes of preventing fraud, terms abuse, money laundering, and other illegal or irregular gaming activities;" 


Therefore, our team believes that our actions were lawful and fully comply with both the rules of the casino and the anti-money laundering policy. The player was offered a reasonable option to withdraw funds, which he already successfully used.


Kind Regards,

KatsuBet Casino Team

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3 years ago
Translation

The undersigned has repeatedly expressed the desire to want to withdraw with another payment method as he no longer wants to transact with Mifinity for his own personal choice, therefore having made the first deposit via cryptocurrency or via CoinsPaid I do not see why my requests have been constantly denied to direct me towards a method that I do not prefer and that I no longer want to use in the future!

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3 years ago

Dear representatives of KatsuBet Casino,


I would like to ask you to provide us with deposit history of the player via email. You can reach me at: 'martin.d@casino.guru'.

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3 years ago
Translation

I also add that your phantom internal rule that a player can withdraw only with the method with which he won is not contemplated in your T & Cs and not even in the world regulation of remote gaming. After all, no casino that I know of and of which I hold an account prevents me from withdrawing with the method with which I deposited regardless of whether I have won less with that same method used!

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3 years ago

Dear Martin,


In order to send you the player's deposit history, we kindly ask you to provide us the player's official permission to disclose his personal information to the forum representatives. 


Hope for your cooperation.


Kind Regards 

KatsuBet Casino Team

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3 years ago

Dear representatives of KatsuBet Casino,


Could you please specify the official permission, in what form it should be?

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3 years ago

Dear CasinoGuru Team,


We asked you to provide the confirmation that the player agrees to provide you with his personal information from the casino. 


As we understand, you have no power of attorney from a player in order to receive and process his personal information at the moment.


Therefore, we ask the player to contact us via email with the official request in order to confirm that we are allowed to disclose the data of his transactions to the forum representatives.


Thanks for understanding.


Kind Regards,

KatsuBet Casino Team

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3 years ago
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Sensitive information

This post has been made private by Casino Guru. It contains sensitive information meant to be seen only by the involved parties.

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3 years ago

Dear Nemokid,


Do I understand it correctly that you have already managed to successfully withdraw your winnings from KatsuBet Casino using MiFinity payment method prior to submitting this complaint?

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3 years ago
Translation

That's right, I was able to withdraw the winnings exclusively and forcibly through MiFinity as they did not allow me to withdraw through the first deposit method used or CoinsPaid! The first method that I had decided not to use anymore, preferring instead the cryptocurrency (BTC) which is currently still operating !!

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3 years ago

Dear Nemokid,


Since there is an alternative payment method available for you to use, I am afraid that we are not able to help you in this case. Availability of payment methods in the casinos often depends on various factors and there also may be some restrictions. In your case it is the contradiction between FIAT and crypto currencies, which is completely understandable in our point of view.

As there is nothing that we can do to help you with your query, this complaint will soon be rejected.

Is there anything else we can help you with?

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3 years ago
Translation

If it is a contradiction between Fiat and Cryptocurrency the casino in question should not accept payments via this method! The contradiction seems to me to be inherent in your absurd answer!

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3 years ago

Because of the reasons mentioned above, we are rejecting this complaint.

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