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.
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When you finally decide to make your first deposit, you will be offered many payment methods: e-wallets, credit and debit cards, bitcoins and others. Choose the one you like and make a deposit. When it comes to depositing, each casino provides a broad range of minimum and maximum deposit limits. If you are a beginner and have just shown up in the casino for the first time, you should look for a casino with a low deposit from $1 to $5. By making a small deposit, you will learn how to play and not lose all your money away.
When your winnings are enough to withdraw, it’s time to cash out the money. To cash out the money, open your balance account where you have deposited your money. There you see the withdrawal methods. Then choose the best cash out method for you, depending on your country. Then fill in the important info and click withdraw.
You can perform a cash-out on JackpotCity very easily. Firstly, log in to your account, go to the Bank and select “Withdraw”. The casino will ask you to choose your cash-out method. Once you do so, type in the amount of money and the other necessary information. Click on the withdrawal button and wait for the withdrawal approval. Provided you’ve already sent the verification documents, the cash-out process will be quick and easy.
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