No. All prizes are cashable. It means that once a tournament ends, you will receive the prize to your real money balance. In some cases, it may take a while till the money reach your account. Besides, at some online casinos, you will have to claim the prize within a certain time period to actually receive it.
If you happen to experience a payout delay, don’t blame it on your casino. There are certain regulations that prohibit gambling operators from paying before checking payments. If the casino delays your payout, it is probably doing a checkup to prevent fraudulent activity and money laundering.
Usually, online casinos give cashback to existing players. Besides, you need to have played for at least a few days or weeks to get a weekly or monthly cashback. Once you are opt-in for the cashback bonus, your casino will calculate your cashback considering your losses. Most casinos credit the cashback amount to your cashable balance. However, some sites give it to you as a bonus that is subject to general wagering requirements.
Licensed online casinos have to follow the regulations of gambling authorities. One of such regulations is compliance with the KYC policy. It stands for Know Your Customer, which means that before any financial operation, the casino must know your personal information. But don’t worry, you only need to do it once while making your first withdrawal request.
If you don’t wish to pay transaction fees, choose bank card payment methods, Visa or MasterCard. As a rule, they don’t charge players for casino deposits and withdrawals. However, you must make sure that your bank supports online gambling.
If you want to find out your position on the leaderboard, check it out in qualifying games by SmartSoft. Besides, during August Hot Days, you can watch your progress after you spin the points wheel.
More articles on gambling topic
