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.
Not at all. Every month, online casinos receive numerous new game releases. They can promote all of them with bonus offers, but then they would have to create new promotions almost every day. However, there are online casinos that promote games that players have been waiting for like the new version of Starburst or Gonzo slot.
Online casinos give welcome bonuses available for various online slots. However, this can apply to match bonuses only. If it’s a free spins bonus, then you need to find out which games you can spin for free. Usually, casinos let you spin games from certain providers. And that is not unlikely that Playson games will be among those. So, check it thoroughly. Besides, Playson often launches different tournaments with cool prizes. For example, Lucky Weeks tournament with €60,000, the news about which you can find on our gambling blog.
Look, if you already have a casino account, you don’t have to pass the registration stage again. You can simply open the casino on your iPad and log in with your nickname and password. But if you don’t have a casino account yet, you need to create a new account. You can do this either on your computer or directly from your iPad.
You will hardly ever find a deposit bonus free of wagering requirements, especially for new players and for $5 minimum. This is a small sum of money, and you almost play slots for free when you’ve deposited as low as $5. The house needs to get an advantage over players, so most probably you will have to wager the bonus several times. If you wish to avoid this, don’t claim the welcome bonus.
No, you don’t. Fortunately for BC players, casino winnings are not taxed. However, if you gamble professionally and it’s your only source of income, then you will have to pay tax. On the other hand, if you go to work and have a regular income, there is nothing to worry about.
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