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.
Wagering requirements state how many times you need to wager your bonus money or winnings from free spins to cash out. If you haven’t turned your bonus into real money balance, you can’t withdraw the winnings. Wagering requirements of no deposit bonuses can be different, depending on the casino. But usually, they range between 20x and 50x.
The list of qualifying games for free spins depends on the terms and conditions of a particular online casino bonus. Read the bonus rules to find out which games you can play with the free spins. Some casinos will allow you to use free spins on Playtech games.
When you choose a live casino bonus, you need to consider a few factors. First of all, check the wagering requirements. Because most live games are high-paying, the playthrough is usually high. But try to choose bonuses with smaller wagering requirement multiplier. Besides, you need to check the game contribution rates. As a rule, live games contribute no more than 50% towards wagering. But it’s best if you can play live games that contribute 100%.
Spinomenal provider places all positions of players in participating games. As soon as you start playing, you will get your individual ID for the leaderboard. Then, you can check your position using this ID number. The leaderboard refreshes results every 4 minutes.
If you are playing at a legit casino, it won’t be difficult to find these tools. You can just scroll down the page of the casino and find the link to the responsible gambling page. Some online casinos also have help centers, in which you can find useful tools and tips. Besides, you can contact customer support and ask for directions.
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