How to Withdraw Money from an Online Casino?

One thing that many new online gamblers don’t understand properly is how to withdraw online casino money from their player account to their bank account. In this short guide, we will be making an overview of the entire process to help you understand how withdrawals work in general.

Before you learn how to cash out your funds, it is important to understand the best time to do so. If you claimed a welcome bonus, you probably won't be able to withdraw your money straight away, as you'll need to meet the wagering requirements first. This means that you must wager your bonus amount a certain number of times (this is written in the terms and conditions of the bonus).

There may be other conditions that you need to meet in order to withdraw your money successfully, as well. Once you have done this, it's time to withdraw.

How Much Can You Withdraw from an Online Casino Safely?

The amount you can withdraw depends on both the casino and the chosen payment method. Therefore, it's best to read the casino's terms and conditions or alternatively ask for help from the casino's customer support.

Then, in order to make an online casino withdrawal, you must follow this process:

  1. Log in to your player account.
  2. Go to the cashier section and select a withdrawal.
  3. Enter the amount you want to cash out.
  4. Select the method of withdrawal.
  5. Follow the instructions for the chosen withdrawal method.
  6. Wait for your withdrawal to be processed.

The real trick here is which withdrawal method to choose, as each has its own pros and cons. It all comes down to four major options: cards, e-wallets, wire transfers, and cryptocurrencies.

  • Card — Using your cards, such as Visa, Mastercard, Amex, and more, is always a decent withdrawal choice. The only problem is that cards often aren’t available for withdrawals, and when they are, there are strict upper withdrawal limits to them. The good news is that you can make quick transactions at low fees using cards. There are plenty of superb credit card casinos out there.
  • E-wallet — Electronic wallets, such as PayPal or Skrill, are fast and extremely secure. They are usually available for both deposits and withdrawals, and the only disadvantage is slightly higher transaction fees compared to other payment methods. Check out some of the best Skrill casinos available in the country. 
  • Wire transfer — Wire transfer is a method involving your bank, and it’s one of the most secure options out there. The only disadvantage is speed, as banks sometimes need more than five business days to process your transactions.
  • Cryptocurrency — Cryptocurrencies are cheap, fast, and secure. The only downside is that they are volatile. Moreover, the majority of legal online casinos in the US still don’t accept crypto as deposit and withdrawal options, but that may change in the future.

Final Thoughts

Making an online casino instant withdrawal isn’t difficult if you have at least some experience with using popular banking options online. Once you do it for the first time, you won’t have any trouble repeating that.

The real science here is this: what is the best withdrawal option for you? Make sure to analyze all methods closely and pay attention to their speed, security, and withdrawal limits.

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