Cashing out your wins from an online casino isn’t a difficult process but certain problems and delays can occur. The steps you will take to withdraw can differ depending on the mobile gaming app or website’s overall layout.
Verify your account
When you register at an online casino and download a gambling app to play casino games, you need to confirm your identity and age. This will mean uploading a suitable I.D. document. Most online casinos require you to verify your account before they pay out any money. This is often a standard safety measure to ensure they pay out to a legitimate player.
Choose a withdrawal method
Before you attempt to make a withdrawal, you have to decide which withdrawal method to use. Most online casinos offer a variety of methods, such as debit or credit cards, e-wallets, bank transfers, etc. You should enter your billing information and click the ‘withdraw’ button to submit your withdrawal. All these methods have different withdrawal times and charge varying fees. E-wallets provide one of the best options because you can receive your money quickly and the costs are minimal.
Check wagering requirements on bonuses
Most online casinos offer bonuses. When you register, you are likely to receive a welcome bonus. On making a deposit, you could receive a deposit match bonus. Understanding what wagering requirements relate to a bonus you claim is important. Whether playing online blackjack, poker, or slot machines, you won’t be able to withdraw your money until you meet these requirements. For example, if you claim a $200 bonus with a 10x wagering requirement, you have to place bets worth 200 x 10 ($2000) before your bonus-related account funds become available.
Check withdrawal limits
When you log in to your casino account, you need to navigate to the withdrawal section (also called the cashier). Here you will pick your withdrawal method and enter an amount. Casinos may have daily, weekly, or monthly withdrawal limits. You can’t go over these limits and if you don’t set an eligible withdrawal amount, you won’t be able to make the transaction. When you make money decisions, you should always be well informed about facts, such as withdrawal limits.
Check the processing times
The processing times for withdrawals vary. They can take from a few minutes to several business days. Electronic wallets can take less than 15 minutes to process withdrawals whereas bank transfers can take from two to five business days. Debit and credit card withdrawals can take from 12 to 24 hours. You will receive confirmation of payment, usually via a mobile app notification.
