Home » FAQ » How does online casino pay you?

How does online casino pay you?

Cashout is the much-awaited process in the whole gambling activity. This is what gamblers come for to the casino websites. Unlike the land-based casino payouts, online ones take longer time to actually appear in your hands. The whole process of withdrawing undergoes three stages: request, approval and processing. Let’s take a closer look at each one of them.

Requesting step

Congratulations if you’ve won money, but this is not yet the end of this story. First of all, make sure you’ve won enough. I’m serious. Online casinos have a certain limit of the payout sum. For example, $2000.

After you’ve confirmed that your sum meets this requirement, proceed to the banking page of your account. Select the withdrawal function and banking method you wish to have money on.

Another hitch at this time, sometimes online casinos set a rule that you only can withdraw by the same payment system as you deposited with. If it was a visa card, select the same card for payout. On the other hand, some casinos don’t include one and the same option for deposits and withdrawals. So, check these terms before you deposit to avoid being ‘surprised’ and upset.

As soon as you are satisfied with your choice of method, click the withdraw button and wait until the next stage ends up.

Approval

Your request must be approved by the security and payment departments of the casino. If you’re withdrawing for the first time, get ready for the long verification process. They are probably going to need some docs and other proofs of your identity. Reply them for their request as soon as possible unless you want to wait for ages.

When the casino confirms that this is really you, who is trying to take cash out, they approve your request. Then they just send the request to the payment option you’ve chosen.

Payment processing stage

This stage can take a long or short time depending on the option you selected. For faster payout I recommend choosing an e-wallet. They are usually processing money within one day. Alternatively, if your method is a debit card, for example, it may take from 1 to 3 days. In most bank transfer cases the transaction takes even more, 3 to 5 days. So, be careful at the requesting step.

More articles

18.02.2021 0 19
Online Casino Slots   It’s no secret that online slots are becoming more and more popular every year. This innovation successfully entered our lives several years ago. And now players ...
22.10.2020 0 103
What is Neteller? In fact, it is an international payment system which was launched in Canada more than 20 years ago. Now, Neteller is regulated by Paysafe Financial Service Ltd. ...
20.01.2021 0 42
As statistics says, online gambling marketing is generating over $50 billion a year. This year, despite the pandemic, the market is expected to grow by a reasonable margin. Thus, the ...
CasinoBest.nz
© Copyright 2021 CasinoBest.nz