How to Make Withdrawals at an Online Casino
The best online casinos in the industry process payouts really fast and players do not have to wait long to see their winnings. As soon as players request payout, their requests are placed in pending condition for a day or two. During this time, players can reverse their payout requests and use the money on wagering activities. If players do not reverse their payout requests, the casino will credit the amount to their credit/debit card accounts, bank accounts, or eWallet accounts.
Online casinos offer a wide range of safe and secure withdrawal methods so that players can withdraw their winnings quickly and safely. Some of these withdrawal methods include credit/debit cards, electronic payment processors, bank transfers, wire transfers, bitcoin, Trustly, POLi, checks, eChecks, and others.
Credit/Debit Card Withdrawals
Not all online casinos allow players to withdraw funds back to their cards. In grey jurisdictions such as the US, using credit cards for deposits as well as withdrawals is rather difficult because of unfriendly laws such as the Unlawful Internet Gambling Enforcement Act of 2006. If players find it difficult to use their credit cards for deposits and withdrawals, they can easily use alternative payment methods such as PaySafeCard, Trustly, POLi, Skrill, Neteller, PayPal, and others.
eWallet withdrawals are fast, secure, and instant. Players can use eWallets such as Skrill, PayPal, Neteller, and others to withdraw casino winnings. The funds will reach their eWallets in just one business day, after which players can easily withdraw them to their bank accounts. Online payment processing companies such as Skrill, Neteller, PayPal, and others have partnered with MasterCard to offer MasterCard prepaid cards that can be used at any ATM machine in the world. These cards can also be used to shop at places where MasterCard is accepted.
The most commonly used withdrawal methods at online casinos are bank transfer, bank wire, or wire transfer. Although slower than credit card and eWallet withdrawals, these are safe, secure, and sure methods.
One of the newest payment methods in the industry, Bitcoin is a digital currency that is being widely accepted at present. Bitcoin is a cost effective, instant, and anonymous way of funding one’s online casino account and withdrawing winnings. To use bitcoin, players need to first procure a bitcoin wallet and purchase some bitcoins.
Players can also use Instadebit as a withdrawal method. Widely used in Canada, it enables online casinos to credit players’ winnings directly to their bank accounts. Players do not need to have credit/debit cards to use Instadebit.
Players who have claimed a bonus and won a large amount of money using their bonuses cannot withdraw their winnings until and unless they satisfy the wagering requirement. All bonus offers are associated with wagering requirements, requiring players to play through their bonus amount a specific number of times.