What this tutorial will teach you
After reading this guide, you will know all about such things as:
- The Importance of Choosing the Best Payment Method
- How to Request an Online Casino Withdrawal
- How Long it Takes to Receive Your Money
- Verifying your Age, Identity, and Place of Residence
Our online casino cash out guide
Congratulations! You have won some money and are in the enviable position of withdrawing your winnings. Don’t worry if you don’t yet know how to withdraw money from online casinos. The entire process is outlined in detail below.
Verify your online casino account
Online casinos require customers to verify their age, identity, and place of residence before they can process withdrawal requests. This isn’t a stalling tactic. Instead, it is a standard practice that is required by law in order to help prevent such things as fraud, underage gambling, and money laundering. Make sure you know what the legal gambling age is in your state.
You should complete this process as soon as possible if you want to avoid any withdrawal delays. It usually involves uploading two pieces of documentation. In most cases, you can upload a scanned copy of a government-issued picture ID such as a driver’s license or passport. This will confirm your age and identity. Uploading a recent utility bill, rental agreement, or another document that bears your name and address should prove where you live.
Once you have the scanned documents, you can go into your player profile at your online casino and select the “Verify” or similar link. You can then upload the files. Some sites will allow you to send the files to a customer service representative via live chat. You need only complete this process once.
You may be familiar with wagering requirements in terms of bonuses. However, some online casinos require players to wager through their deposit amount at least once before they can withdraw funds. Let’s say you deposited $100 and won big on your first slot spin. You may not be able to cash out your winnings until you have wagered your deposit amount of $100. Be sure to read your online casino’s terms and conditions to find out if they have such a policy. People that don’t fully understand how to withdraw money from online casinos often overlook this.
Clear bonus requirements before withdrawing
Did you claim a bonus when you deposited? If so, you need to know that any uncleared bonus funds will likely be forfeited if you make a withdrawal. Let’s say you received a $100 bonus when you made your last deposit, but you have not yet satisfied the wagering conditions. Most operators will void the bonus if you withdraw prior to completing the bonus requirements. Again, you should read the bonus terms and conditions to learn how a withdrawal will affect any active bonuses.
Choosing the best payment option for you
Online casinos support a variety of payment options. However, most online casinos reserve the right to pay you using the same method you used to deposit. So, if you deposited using PayPal, the online casino will pay you your winnings through PayPal. However, this isn’t always possible. For instance, vouchers and prepaid options are great for depositing, but a lot of them do not facilitate withdrawals. In such cases, you should contact customer service and arrange an alternate withdrawal method. You are doing yourself a favor by choosing a payment option that allows you to deposit and withdraw. The most common types of withdrawal methods include:
- EWallets (PayPal, Skrill, Neteller)
- Credit Card (Visa, Mastercard, Discover, AMEX)
- Debit Card
- Electronic Bank Transfer
- Wire Transfer
- Cash at Casino Cage
How to withdraw money from online casinos: Five easy steps
While there may be a few minor procedural differences, withdrawing money from online casinos generally follow the same course of action. The first step is going to your online casino using your desktop or mobile device and logging into your account. You can then follow these instructions:
- Go to the banking section. You can usually get there by entering your player profile and selecting the “Banking” option. Some sites have a quick link located at the top of the main page.
- Select the “Withdraw” option in the banking section.
- Choose your payment method. You will be presented with a number of payment processors. Remember that you should use the same withdrawal method as you did to deposit.
- Enter the amount you wish to withdraw. Bear in mind that most sites have a minimum withdrawal amount. If you request a withdrawal that is less than the minimum, you will likely face some kind of fee.
- Submit withdrawal request.
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How long will it take for your winnings to reach you?
The length of time it takes to receive your winnings depends on a couple of factors. First, you must understand that withdrawals are processed manually. Operators typically have what’s known as a pending period. This is the amount of time it takes for the online casino to approve and issue the withdrawal. Some sites do this within hours while others can take a couple of days.
The other factor is the payment method you use. Credit/debit cards and bank transfers usually take between two and five days to reach you. EWallet withdrawals are usually faster. Some eWallet users can access their funds as soon as they reach the eWallet. Another fast option is Cash at Casino Cage. This allows you to withdraw your funds in person at the cashier at your online casino’s land-based partner.
Withdrawal fees at online casinos
Navigating fees is a key element in knowing how to withdraw money from online casinos. Most online casinos won’t charge you anything to make a withdrawal as long as it meets the minimum withdrawal amount. However, some online casinos charge a small fee. It is up to you to read the site’s terms and conditions to find out.
While the online casino may or may not charge you for withdrawing funds, there’s a good chance that your payment provider will levy some kind of transaction fee. It could be a flat fee or a percentage. This is something to consider when you are deciding on which payment provider to use.
Use our helpful casino and strategy guides
Now that you know how to withdraw money from online casinos, you should be motivated to find the best online casino and start winning. If you aren’t sure which online casino is right for you, you should check out our informative online casino guide. You can learn about the games, bonuses, promotions, and anything else you want to know about legal online casinos in your region. We even have some insightful strategy guides to help maximize your chances of winning on slots.
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Conclusion – Make a withdrawal
Many people don’t know everything about how to withdraw money from online casinos. This leads to a lot of frustration and unnecessary delays. By following the advice as outlined in this tutorial, you will have no problems receiving payment as quickly as possible. Winning money at playing slots and other casino games should be a joyous experience. Knowing how to withdraw money from online casinos properly will ensure that the moment isn’t sullied.
Online Casino Cash FAQs
⚡Where can I find out how to withdraw money from online casinos?
Everything you need to know about withdrawing your winnings at online casinos is provided in the above tutorial.
❔What are the minimum and maximum online casino withdrawal limits?
The maximum and minimum withdrawal amounts vary from casino to casino. The type of payment method you use also factors in.
⭐How much does it cost to make a withdrawal at online casinos?
This depends on the online casino and the payment method you use. Refer to the “Withdrawal Fees at Online Casinos” section in the tutorial above.
☕Can I cancel a withdrawal at online casinos?
You should read the withdrawal terms and conditions at your online casino to find out what their withdrawal cancellation policies are.
✅I don’t have a bank account, credit card, or eWallet. Can I still deposit and withdraw at online casinos?
Most online casinos provide payment solutions to those who only have cash on hand. Wire transfers and Cash at Casino Cage are convenient options.