Withdrawing money won in a casino is the most enjoyable process for most customers. You can talk about the fun game, but positive emotions are only guaranteed a favorable outcome in a large payout.
In this article, we will not say a word about winning in the casino. It deals with the general issues of withdrawing money from casinos operating on the Internet. We'll talk about what you should consider to avoid problems and accelerate the process of getting the win.
Payment Methods at Online Casinos
Some modern online casinos use dozens of different payment systems. Others are limited to couple-three ways. It depends on various factors: the demand for some methods, financial terms of use, cost-effectiveness, availability in different countries, etc.
We will not consider all the ways to deposit and withdraw wins in detail. You can find articles on key payment systems in another section of Casinoz.
We only note that most casinos offer more ways for depositing than for withdrawing money. Thus, they try to protect themselves from fraud because some systems do not provide reliable information about the payers and the recipient of transfers.
Sometimes casinos put a condition when the customer can withdraw money only using the method that he used to make a deposit. Needless to say, you must use the same account.
Do not forget about the commission you may have to pay. If the casino accepts deposits and makes payments through third-party companies, it better not use it.
Also, be aware that a vast number of supported methods of making a deposit and withdrawal of wins are not indicative of the high level of the casino. It is undoubtedly convenient for customers, but casino is more concerned about making a profit than protecting users' funds. Just do not make this assumption as a rule because many reliable and reputable casinos allow using various payment systems.
Withdrawal Limits
All online casinos set limits for withdrawing funds. It may be restrictions on the maximum amounts that can be withdrawn at a time, per day, week, month, etc. These figures may vary for players with different statuses or loyalty programs. Moreover, for VIP clients, it may not be high.
If the user wins the progressive jackpot, some casinos give it immediately, while others pay only a part without exceeding the limits. But in such cases, there are other options.
Most casinos also set the minimum amount to be withdrawn from the user's account. It depends on the policy of the casino and the conditions of use of payment systems.
For example, in WebMoney, you can transfer any amount to use in many casinos, and in many other ways, there are restrictions on it. Consequently, the casino can not pay out less than the limit.
Terms of Withdrawal
How quickly casinos pay money depends on various factors:
- the team,
- the customer's status (high-rollers can work with a personal manager),
- the terms of the payment system,
- the location,
- the security policy, etc.
The first payout takes longer than further ones when the client's identity is confirmed.
A good casino always indicates how long the payment will take in each available method.
Verification Procedure
If the casino asks for additional documents, do not rush to be indignant when you try to withdraw money from the account. It says it cares about safety because the casino and its customers can suffer from cheating.
The casino sets a list of documents that may be required. Carefully study the user agreement for it, or ask the support.
We recommend finding out all nuances before you deposit money into your account and start playing.
You may not verify your identity because of the lack of necessary documents.
However, some casinos typically pay without such procedures. There is sufficient evidence that the casino has requested during the registration process to do this.
How to Make Casino Banking Safe
Here are some helpful tips:
- First of all, play in a reputable casino and choose the most secure payment systems that value their reputation.
- Do not pursue the maximum benefit and do not try as soon as possible to get the money. It is better to pay a fee and wait a little longer than encounter unforeseen difficulties using not the most reliable method.
- Save all bills. If you pay online, be sure to make screenshots. It will help to clarify the situation with the technical failure or errors of the staff.
- Always read the user agreement. As they say, there is no excuse for ignorance of the law. If you break the rules of the casino without intention, you will have to pay for it.
- Do not make multiple accounts at the casino.
- Fill out all forms with valid data. Otherwise, you may be suspected of fraud.
In short, be careful and honest. Then you will almost certainly be able to avoid problems when you decide to withdraw winnings from the casino.
