What can be more exciting in online gambling than cashing out your winnings? This is a rewarding moment. But many online casino players in Canada get upset and frustrated once they face a withdrawal delay, rejection, and so on. That is when they start blaming casinos for “stealing” money. However, the real reason why players aren’t paid is their own ignorance about the specifics of casino withdrawals. In this post, we will give you 3 tips on how you can cash out without problems.
Easy Withdrawal Online Casinos
Most online casinos in Canada will payout with no issues. But even licensed and safe casinos can reject a withdrawal request if the terms are violated by a customer. For sure, some casinos fail to explain their terms and conditions very well, which is why players, especially beginners, can make mistakes and cause withdrawal delays.
We recommend you the online casino sites that feature easy withdrawals if you do everything right. And to do this right, you need to use the tips that we share below.
What’s Wrong With Withdrawals
The culmination of any online gambling process is real money withdrawal. All players come to play just to grab their winnings back. But not everyone understands that withdrawal includes a few other important processes. Moreover, they should be made successfully for a successful withdrawal.
Before you submit a cash-out request, many things can go wrong. You can choose the wrong banking option or even a currency. You can accidentally violate bonus terms and conditions. Or you can go off the withdrawal limits.
All these little things due to the ignorance of casino players, especially new ones who usually don’t read casino’s T&Cs, can distance players from instant withdrawals.
Casinos, in their turn, know their rights and rules. They carefully check every single step you take to cash out money. They watch every action you make on the gambling platform to make sure that you followed all the rules. And if you’ve made a tiny mistake, you’ll have to deal with it and re-submit the request.
3 Withdrawal Tips for Beginners
You should consider a lot of nuances before making a withdrawal at online casinos. This isn’t just about filling out the form and sending the request how they say. Online casino withdrawals are tricky things and you should know the tips on how to make a successful cash-out. Check out the things we tell you below and keep them in mind when you decide to gamble online.
Make Smart Deposit
It may sound weird but many beginners in online gambling fail their future withdrawal already at the beginnings when they make a deposit. They deposit real money without a second thought, which is completely wrong. Making the wrong deposit can cause withdrawal problems. And here’s why:
- if you deposit in your local currency (different from that of the casino’s default currency), it may cause a double currency conversion, which is why your final withdrawal amount can be lower than expected.
- for security purposes, most casino sites will send you the winnings to the same payment method you used for a deposit. If you try to withdraw via a different payment option, the casino may reject it. If you want to change the method, you should notify the casino team.
- sometimes, online casinos send the amount of money equal to the deposit to your deposit option, and the remaining funds — to a different banking method that you select.
To avoid all these difficulties, we advise you to make sure that your online casino supports the same payment option both for deposit and withdrawals, and you should use this method to transfer money.
Avoid Casino Bonuses
Casino bonuses are fun and all, but if you are a beginner, you can have a lot of problems with withdrawing money if you use bonuses. If you still want to use the bonus money or free spins, we strongly recommend that you read the terms and conditions for the bonus. Prior to claiming a bonus, you should know if it’s worth taking it.
But if you want to know what withdrawal-related consequences can be after taking a bonus, here you are:
- if the bonus has high wagering requirements, it’s highly likely that you won’t be able to win enough money to withdraw any winnings.
- if you don’t meet the wagering requirements, you won’t see your withdrawal at all.
- placing stakes higher than the maximum bet limit leads to confiscation of bonus winnings. Thus, no winnings — nothing to cash out.
- if you play games that don’t contribute towards the play-through requirement, it means you won’t complete them. Again, no withdrawal is possible.
- if you have a bonus and play games that aren’t allowed for the bonus wagering, the winnings will be confiscated.
no deposit bonus casinos will require you to deposit before you can withdraw.
The bonus terms can vary from casino to casino. Anyway, you will need to read them if you want to benefit from a bonus. And remember, if you’ve read the bonus terms and conditions and still fail to understand them, you shouldn’t claim the bonus.
Verify Your Casino Account
All players that have made their first deposit, claimed a bonus, and even played over a few game rounds won’t be able to withdraw money unless they had verified their account. Sooner or later, you will need to verify your account with your personal details. To verify the account, you will need to provide copies of documents such as your passport or driver’s license. The timeframe for account verification lasts from 24 hours to 2 weeks, depending on the casino.
Withdrawals will not be allowed during the verification process. That is why it is recommended to verify your account as early as you can. If you don’t want to provide your documents to your casino, you can join no document casinos.
Casino sites are smart and they always have an advantage over players. That is why you need to be smarter and play wisely. Keep in mind the tips you can use for easy withdrawal. Check out our gambling blog to find more tricks about online casinos in Canada.
The choice of payment method depends on your casino and your preferences. Most players choose debit cards Visa and MasterCard for deposits and withdrawals because they are safe and quite fast. But if you don’t want to risk your bank account details, you can use an e-wallet or bank transfer. However, make sure that this payment service allows transferring money to and from the casino site.
If you want to claim a bonus, first you should hold back. Determine if you really can benefit from the bonus. The main factors for which you need to look in the bonus terms and conditions are wagering requirements, maximum bet limit, and maximum win limit. Normal wagering requirements range between 0x to 35x. The maximum bet limit should just be observed when playing games. And finally, the maximum win limit is perfect when absent.
Licensed online casinos have to follow the regulations of gambling authorities. One of such regulations is compliance with the KYC policy. It stands for Know Your Customer, which means that before any financial operation, the casino must know your personal information. But don’t worry, you only need to do it once while making your first withdrawal request.