Home » FAQ » How to withdraw money from online casino?

How to withdraw money from online casino?

What is in the article?

 

  • What is the process of withdrawing?
  • Tips for convenient money processing
  • Methods for withdrawals

What is the process of withdrawing?

First thing you should take into account when thinking of cashing out the winnings is the time it takes to transfer the money to the banking account. Regardless the deposits are instant, the withdrawal process requires some security and verification processes. As soon as you made a request for withdrawing, don’t be shocked, it can take up to 4-5 days for the money to transfer from the casino account to your card. Although, it’s usually a lot faster, especially using e-wallets, because e-wallets are the quickest method right now. Such payments systems, like Skrill or Neteller, take from 0-72 hours to make a transaction. However, the bank wire transfers will take much longer.

Tips for convenient money processing

Don’t cashout the whole sum. If you win a large amount of money and are ready to withdraw all of them, ask yourself two questions: am I going to continue playing? or am I going to stop gambling for a while?. If you think to continue playing later, we recommend you to keep some money on the account and do not pay out every cent. Otherwise, you will have to again make deposits and just spend too much time on it.
Think ahead. Create a weekly plan when you will make a withdrawal, for example, on a certain day on the week, and stick to the plan. In this case you will always know when the next transfer is, and when the money drops on the banking account.

Methods for withdrawals

In fact, each casino provides a list of available options to make payouts. Mostly, the list is pretty similar, however, different casinos provide different withdrawal time, security aspects, privacy and other features. The fastest methods are e-wallets, such as Skrill, Instadebit, PayPal, Neteller, EcoPay, and Citadel. All of them provide fast transaction and secure service.

Conclusion

All things considered, money transferring, especially payouts, take some time. In order to minimize the time you should choose the suitable method and stick to the useful tips and strategies. Furthermore, there are a large number of methods you can choose from, however, not all of them are free and secure. By that, we recommend you to use e-wallets from our list and be confident in your financial safety.

When we’re speaking about online casinos and their safety, the latter is applied to several spheres. The online casino as an entertainment provider must operate officially. The games in its lobby must be safe and not rigged. Finally, the site itself should guarantee the safe environment for the players. Let’s include here safety of personal data and money transactions.

The fair and well-reputable online casino should consider all the factors that can affect players comfort and safety during the gameplay. That is why gambling sites have additional, auxiliary so to speak, security services. They maintain the high level of all the aspects. LEt me clarify them all.

What must be safe at an online casino?

  1. Legit owner. First of all, the gambling provider must be officially registered according to the jurisdiction of the base country. The following point is the license. Usually, online casinos receive the document from the same country authority. For example, in Malta the body that issues the fair gambling proof is MGA.
  2. Safe place to stay online. This refers to the site. It should undertake protective measures like SSL encryption, firewall etc. Any services that can protect the players’ and casinos’ data including transactions between them.
  3. Randomized games. No matter which game you prefer, each game result should be fair and absolutely random. Generally, they are all powered by RNG. Nevertheless, there are special bodies that test the games for fairness. The most popular is eCOGRA. The Independent Auditors can carry out check-points anytime.

These are the main three safety measures that any self-respectful online casino must take. Summing it up, I’ll repeat what exactly you need to note for yourself when you enter a gambling site: license, company profile, RNG certificate or IA test seal, security proof like SSL encryption seal.

Waiting is exhausting. Especially when you wait for your money from online casinos. Actually, you can make attempts to impact the duration of the process. The time of withdrawal depends on several factors. They are withdrawal banking options, overall request processing, security check, bank request and verification.

Verification and safety

As soon as you make a request for payout, the casino’s security control must verify your personality. Apart from your already mentioned info, you may be asked to send some more proofs of your unique identity. That is why the overall processing of the request takes so long. However, some online casinos swear it’s fast and takes no more than 24 hours. If you wish to know which are these fast online casinos, check the relevant article on our site.

Generally, the very first payout procedure takes longer than all the further ones. It’s due to that online casinos need time to verify that it’s exactly you who requests the money. All their actions are done with a safety purpose. So, there’s no need to get annoyed that they are too slow or make you provide some additional docs. It’s their job. Your online casino must be safe and secure, remember?

Banking options

To tell the truth, selection of the banking option is a very important step. When you want to make a request, choose the option suitable to your needs.

  • If you want the winnings right now, fast and easy, choose an e-wallet. Usually online casinos make transactions to e-wallets instantly and very often don’t require any docs to verify you. They offer mainly these options: Neteller, Skrill, ecoPayz, PayPal, MuchBetter.
  • Another popular method to withdraw winnings is banking cards. No matter if it’s credit or debit. Visa or Mastercard receive the payment within 3 days. The time depends on the security checks.
  • Bank transfer is a classic way to withdraw money. It’s safe and direct, from casino to bank account. One disadvantage is that it takes 3-5 days to transfer.

Conclusion

Remember that the banks can have a security check too. Thus, it all counts as the waiting time of several banking days. If the fast payouts are what you need, then you should follow the formula. Sign up at the fast processing online casino, provide the authentic info about you, choose an e-wallet as a withdrawal option. Otherwise, if you don’t hurry and can wait, bank cards or transfer can be your choice.

The online casinos make people feel concerned about their fairness and real existence at all. It derives back from history that casinos are hard to trust, say nothing of the online casinos. They are, basically, just online platforms with games. You can’t enter them like a land-based casino, you can’t touch the slot machines or tables.

Still, the number of online gamblers increases every year. This makes sense to suppose that the sites are real and trusted. People really come, play and win. To tell the truth, there is no better proof than the real players who win money.

How do I know the online casino is real?

In fact, this is very easy to check. The casino site must meet the requirements of the legalized casino. What are these requirements? Generally, the real sites are transparent and have the necessary info right on the site.

  • Company data. Like any other industrial company, the casino head company must be officially registered. The owners register sites according to the country jurisdictions thus they have official docs and info about the company. Usually you can see this info in the bottom of the casino webpage.
  • License. A casino site is nothing without a license. Players will hardly trust it. So, it’s vital for the gambling sites to request for a license. The most reputable licensees are the MGA and the UKGC. However, there are authorities from other countries that issue the official papers. You can see the license sign on the gambling site too. It means that the casino is real.
  • Certificates. The seals of approval is yet another thing which you need to search for on the site page. The seals have logos of eCOGRA or Independent Auditors. They are the bodies that test the games and confirm they are fair and random. These certificates of approval are quite important as online gaming is your actual activity on the casino.

Concluding

The real casinos are easy to find judging by the mentioned points: company info, licenses and certificates. However, even this is not the 100% guarantee that the casino is not fake. The frauds can simply place some fake info on their site. To avoid this you need to go further with the investigation: search for the license number and company info on other web sources. It will help you to understand if the site is completely real, safe and well-trusted.

More articles on gambling topic

18.03.2021 483
Introduction to Blackjack The top positions of blackjack are due to the fact that the game has simple rules and strategies, a fairly high speed compared to other card games, ...
20.01.2021 505
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 ...
17.03.2021 548
Online Casino Cashback Bonuses   Due to the fast growth of the online gambling business, many online casinos have to go for tricks in order to attract more potential players. ...