ARE THERE ANY FEES AND LIMITS?

It is not a secret to anyone that online casinos are ‘tricky things’. People use them for money, and reversely, online casinos are using the gamblers’ attention to get the money. What’s interesting, the only party that takes the real big money is the casino site itself.

Fine, in defense of online casinos, I should say that online casinos do the dirty work collaborating with the services, providers and many more. As a result, they are presenting a ‘candy’. That is what you see – the attractive gambling site.

There are some stages that online casinos go through to make the continuous work successfully. Let’s see these steps more closely.

1. Attention stage. At this point the online casinos attract players by ads on emails, social nets and specific sites. Once you get caught, the casino site starts handling your personality. In other words, you get attracted even more. Different bonuses and casino policy help with it.
2. Registration. Obviously, after you get completely stuck on the site, you find yourself filling in the sign-up form. Congratulations, you’re a member of the casino.
3. Depositing. This stage is the cream of the crop for online casinos. You give them your first funds. This money is still yours until you start playing.
4. Bonuses. Perhaps, bonuses are the things that attracted you the most. They have pitfalls, to tell the truth. (You can read about it on our site). So, you claim for the bonus as you meet all the requirements.
5. Games. If you started the game right with the real money mode, you will most probably lose them all (unless you have experience). So, you start betting, spinning, playing and winning or losing. It depends on RNG. The generator gives out fair and random results. Finally, you lose a part of your money that goes to the house edge (budget) of an online casino. Sometimes you win it back, sometimes no. If you want to return it, as soon as you get the total balance over your starting sum, quit the game.
6. Withdrawal. You can withdraw at any time. Just make sure you’ve completed the bonus requirements if you’re using them. So you go to the banking page and select the payout option. Look through the methods available and fill in the form.
7. Verification. This process takes time. If you are a newbie at the casino, it may take several days. Basically, the casino team just wants to make sure you are the real person, and not a fraud. At this stage the casino might ask for extra info and dos. You’d better give them everything they need.
8. Payout. After the successful previous stage, they send your winning to the banking option you’ve selected. Wait for the money.

We are all convinced that online casino games are totally randomized. Of course, every game rules tell us about an installed RNG. Moreover, there are special independent authorities like eCOGRA that approve fairness of results. Well, do you believe it? Are they really that random? Then try to answer another question: why do you notice absolutely cold rounds that bring you no winnings?

How RNG works?

The fact is that RNG is probably not so random in reality. What hides beside the online games is the computer. A counting system that knows you’re winning or losing and, accordingly, gives out the spin results. The computer is programmed to maintain the payout percentage of a casino. Thus you never win much.

There is something wrong with randomization. For example, you might notice a losing track of spins until you get to the lowest. And then suddenly you hit a streak of successful rounds raising your balance back to normal or even more. This process is made by a smart computer with algorithms. No matter if you play at an online casino or land based one.

Judging by this and other ‘unpredictable’ results, I can only say that online casinos must use the special algorithms to make some spins cold. Usually, the cold track lasts until your balance is low enough. During this time you might have done 5 or 10 or 20 spins. It all depends on your budget and counts accordingly by the computer.

Later comes a moment of raising the balance level. If you notice the repetitive positive results, that’s it. My advice to you is to spin until you overcome your initial balance then stop and go withdrawing. If you know where to finish gambling game, you are a winner. After the payout, you can deposit again and the computer will work with the new balance sum.

Red Stag is an American online casino but it can accept players from other countries too. The casino offers to play many table games and slots. And it has a phenomenal welcome package of $2500. As for the banking options, it accepts even bitcoins. However, not every method is dedicated to withdrawal. As a rule, there are more deposit options which are also faster than payouts. In fact, Red Stag swears the payout takes up to 3 days to process. However, let’s take a closer look at these options and time of their transfer.

Payment Systems

• Bank cards. Mastercard or Visa are the most popular options. They accept only deposits and take no fees by Red Stag. As for the waiting time, all deposits are made instantly including the credit cards or debit.
• Prepaid cards. Deposits only. They include Neosurf, PaySafeCard. The prepaid cards usually need some time for processing, like 1-2 days.
• E-wallets. Skrill and Neteller are the fastest deposit and payout options in the list. They take almost no time to transfer. The maximum waiting period is 24 hours, but you’ll get the payment in less time, for sure.
• Sofort. It’s a payment system leading in Europe. The service is intended for deposits only. It takes a maximum 4 days for processing. However, it may be instant too. It all depends on the load traffic of requests and security checks.
• Bitcoin options. Red Stag offers several bitcoin systems: Litecoin, Bitcoin, and Bitcoin Cash. They are applied for withdrawals and deposits. As a rule, bitcoin’s system is one of the fastest. Up to 12 hours is the transferring period.
• Cheque. It’s for withdrawals only. Casino delivers a cheque to you. This is the longest option of all, but some people like it. It takes 5-7 days to transfer the winnings.

Conclusion

Above I’ve mentioned only the average transferring time for withdrawals and deposits by Red Stag. Of, course, the actual time depends on other reasons too. For example, the online casino security service might need to verify your account and ask for some docs from you. After everything is confirmed, they will start the process of requesting at the payout option that you’ve chosen. That is why it takes so long. But don’t be annoyed, keep doing your things and the money will come.