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It depends. Most online casinos require you to make at least one deposit before you can take part in tournaments or claim New Year promotions. So read the bonus terms before trying to claim it. This way, you can use the welcome bonus safely.
Surely, yes. If they don’t ask you to send your ID for verification, it doesn’t mean they are unsafe. In fact, they just use different channels to make sure you are who you are. For example, with cryptocurrency, you and only you have a personal unique number of your wallet. When you provide it to the casino, it makes sure that it’s you. If you make a withdrawal via FIAT e-wallet, the casino knows that it’s you also by the number of your e-wallet. Moreover, when you create your e-wallet account, you verify it with your documents.
The most frequent question asked at casinos online is how to withdraw money and how long it takes. Perhaps it is the trickiest issue either. The point is that casinos have different methods for deposit and for withdrawal. Typically, the first (deposits) have much more banking options. In addition to that, casinos can set fees on withdrawal options, which is very uncomfortable. So, make sure to choose a right casino by checking the terms under which it is regulated and the payment methods acceptable for payout.
Withdrawal Options
As a rule, a player can select the payout method which is the most preferable for him or her. There are several banking options such as credit card, bank transfer, e-wallets, cheques. They can be divided into corresponding groups:
- E-wallets. This is apparently the quickest banking option. Register your own electronic wallet like PayPal or Neteller, and then just select this e-wallet at casino payout options. Once you get your money, do whatever you want with them using the services of the e-wallet.
- Bank transfer. It takes a bit longer and can ask for an additional fee for transfer.
- Visa or Mastercard. Generally, the cards of credit or debit types are available for both deposits and withdrawals.
- Cheques. The longest method of all. Your winnings will come by mail. You can also order a faster delivery of the cheque with a courier, but it will cost you some fee.
These are the most common options for collecting money from casinos. Remember that each casino has its own banking options. Always check if they satisfy you or not.
Payout Facts
There are a few more things about online casino payouts you should mind as well.
- Most casinos do not allow you to withdraw too much or too frequently. There are limits on how much and how often you can do it. Read the terms of a casino to learn more details.
- Regarding extra money coming from promotions. You will hardly be able to receive the bonus money and request for withdrawal at once. Casinos set tough rules about bonus usage. You will probably need to play for some time or spend all your rewarded money before you can withdraw them. If you make any attempt to withdraw bonus money, a casino can ban you. All in all, read the terms of promotions before claiming.
Always keep in mind these simple rules on how to collect your winnings from online casinos. Choose your preferable payout method, check the terms of its usage, and you will not have problems with withdrawals.
You can say “high-paying” about any online slot because all of them are random. But if you want to be more precise, you should look for the games with the highest payback. The RTP percentage shows how much a slot pays back in the long term. The highest payout ranges between 95% and 100%.
If you don’t like the selection of bonuses we mentioned in the post, you can try to do your own research. To find low-risk offers, you need to open each casino you like and visit the bonus terms page. Pay attention to the part where they say about wagering requirements. If it’s lower than 35x, you can claim it. Remember, the lower the playthrough, the more chances of winning.