How do you cash out on online casino? – Cashing out at an online casino is, in fact, a very simple process. When you register at the casino for the first time you need to make sure that the information you enter is the same as on your ID.
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This is so because when you make your first withdrawal at the casino they will ask to verify your account. This is done by sending in a picture of your ID, a utility bill and the payment method you used to make a deposit at the casino. If the documents you send in match the information you entered the casino will verify your account and process your withdrawal.
The cashing out process is very simple. After you win on the casino games all you need to do is visit the casino cashier and hit the withdrawal or cash out button. Here you will need to choose which payment method you want to use and the amount you want to withdraw. After you hit the cash out button the casino will begin the process or sending in your winnings.
Just bear in mind that you have to use the same payment method for your withdrawal as you did to make a deposit at the casino. This is done in order to prevent money laundering and for the casino to confirm that the payment method in question is in your possession.
In some cases you can use another payment method, but only if the deposit method is not allowed for withdrawals. A simple example is the Paysafe Card deposits. You can use Paysafe Card only to deposit at the casino. For withdrawals players usually go with a Bank Transfer.
How do you cash out on online casino? – Withdrawal times
Another important factor to take into consideration when you make a withdrawal at an online casino is the pending period. This is the amount of time your funds will remain on your casino account before the casino actually processes them. So an online casino can promote instant withdrawals, meaning that your withdrawal should be processed instantly once you make a withdrawal request.
But they, in fact, have a 24 hours mandatory pending period, which means your winnings will remain pending on your account for 24 hours. After the pending period is over your withdrawal will be instantly processed to your payment provider.
Another thing to consider when it comes to the speed of your withdrawals is your choice of payment providers. If you asked for withdrawal via some e-wallet like Skrill or Neteller you will receive your winnings instantly when they are sent by the casino.
The transfer of funds between e-wallet accounts is instant, so that’s the fastest way to get your winnings. On the other hand, if you use another payment processor like Credit/Debit Card or Bank Transfer it can take several days before you actually receive your winnings on your account.
The casino can send them out instantly, but the process itself goes across several banks. As you can see the withdrawal process at online casinos is very easy, but you need to consider many factors that can affect the withdrawal speed.