Posted in Casino Reviews January 10, 2019
New Withdrawal Lock at Rizk Casino
The main goal of any honest and legitimate online casino is to provide fair gameplay to every customer. While gambling should be fun, sometimes it can escalate into intensive sessions and even addiction. Responsible gambling is always encouraged, but it is important for casinos to take action to prevent gambling addiction.
Simply stating a commitment to responsible gambling on a homepage is no longer enough to comply with regulations and licensing requirements. Instead, casinos need to implement specific programs and actions to ensure they are actively preventing the development of gambling addicts.
While these measures are helpful to many people, it’s important to recognize that addiction can often go unnoticed. Any form of addiction should be taken seriously, and both individuals and casinos need to do their best to prevent and address it.
Rizk’s Stance on Responsible Gambling
Rizk Casino is a newer online casino that emerged in 2016. They have made it clear from the start that they are committed to 100% transparent and fair gameplay. They are licensed by reputable authorities such as the Malta Gaming Authority, the UK Gambling Commission, and Curaçao eGaming. Rizk Casino also works with organizations like Gamblers Anonymous UK, GamblingTherapy, and BeGambleAware to promote responsible gambling. In terms of payment services and software providers, Rizk Casino partners with popular companies like VISA, MasterCard, Skrill, Neteller, and NetEnt.
Why Withdrawal Lock?
Rizk Casino has a section on their website that focuses on responsible gambling. They offer two different restrictions that players can apply to their accounts:
- Financial limitations (withdrawal limit) – Players can set deposit, net loss, wagering, and session limits to prevent overspending. These limits can be adjusted on a daily, weekly, or monthly basis, with a cool-off period to prevent immediate changes.
- Time-out periods – Players can set a 1, 7, or 30-day time-out period during which they won’t be able to log in without contacting customer support. After the time-out period, a cool-off period will apply before resuming gambling.
Once these limits are set, they cannot be immediately changed. A 7-day waiting period is required before any changes take effect.
Rizk Casino noticed that some players were canceling their withdrawals, especially after losing money. While this benefited the casino, it could potentially harm individuals in the long run if they continued to gamble uncontrollably.
What is the Withdrawal Lock and How to Use It?
The Withdrawal Lock feature allows players to lock their withdrawals. Sometimes, players may decide to cancel a withdrawal to try to make up for losses. However, this often leads to further losses and can worsen the situation. With the Withdrawal Lock, players can prevent themselves from canceling a withdrawal once it is requested.
To use the feature, players need to send a withdrawal request and then go to the transaction history section. From there, they can select the “Lock” option for any active transaction. It’s important to note that once a withdrawal is locked, it cannot be canceled, and the funds will be sent to the designated account without an option to stop it. Even customer service cannot reverse the withdrawal.
The feature is not always active to allow for the cancellation of unexpected large withdrawals. Once a withdrawal is locked, it cannot be undone, ensuring that the money does not go back to the casino in a moment of weakness.
The introduction of the Withdrawal Lock is appreciated by the community and licensing authorities, as it demonstrates a commitment to providing a fun and responsible gambling experience. Rizk Casino’s dedication to responsible gambling is something that Casino.Dev admires.
