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.
It’s a psychological factor. You need to realize that chasing losses will not give you any profit. In most cases, you will not be able to return them. So you just have to accept these losses. Understand that you cannot win at a casino every time.
The software developer has two licences. One from the UK Gambling Commission, the licence number is 038516-R-319097-019, and the other licence is by the Malta Gaming Authority with a number MGA/CRP/137/2007. Playtech plc cares about the safety and reliability of its games, thus all slots have random number generators. Besides, the fairest testing agencies approve that games are random, having authentic results of each spin.
No. You can only use your real money funds to place bets on slots tournaments. Bonus money will not count for the leaderboard. So make sure to deposit enough to play.
This case is quite common for casino users. The thing is that anyone can create a casino account: you, your roommate, your father, brother, and so on. It can be even your college friend to whom you lend a laptop for weekends. Or maybe you’ve recently moved to a flat that was rent by another casino player. And if the IP address, email, or home address has been registered at a casino network, you can’t create another account with the same data. In this case, you need either to ask the support team to close the previous account or to find another casino site.
If you are playing Betway games in Canada, you don’t need to pay tax on winnings from Betway. However, if you are a professional player or bettor, and gambling is your only source of income, then you need to tax your winnings.
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