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 depends. Some casinos give prizes at the end of the promotion when the results are clear. However, if the bonus terms state different, players receive gifts during the promotional period. For example, you can take part in the Monster Bonus Wheel to receive prizes every day.
To avoid the implications of casino tricks, you need to be very attentive to them, first of all. If you can distinguish tricks, you can avoid them. For example, if your casino offers you a set of free spins for a jackpot game with a huge prize pool, check the house edge of the game. Most probably, that game won’t be paying back a lot of money. Besides, check the terms of free spins as they certainly have some requirements. As soon as you learn the details, you can evaluate your potential profit or loss.
Yes, they are. Indeed, if you join a fair online casino with tournaments that we recommend on our site, you can win real cash prizes. Some casinos let you cash them out without even meeting the wagering requirements.
The all-access pass gives you an opportunity to take part in an exclusive tournament, use 20 free spins; and increase the number of your loyalty points. If any of these offers credit winnings on your bonus balance, then you have to meet the wagering requirements. Money that you receive on your cash balance is not subject to wagering.
If you feel like you’ve been playing at a scam casino which has never paid you out yet, then you are in trouble. You can contact the customer support and ask why you don’t get your money. If this doesn’t help whether they ignore you or give evasive replies, you will hardly ever see your money. If the casino is regulated by a gambling authority, then you can send a complaint to the regulatory body. Don’t forget to send the material evidence such as screenshots and recorded conversation.
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