How Long It Takes to Cash Out from Online Casino?

  • Casino
  • Written by Anette
  • Posted on October 23, 2020
Find the Best Gambling Sites Use Our Casino Comparator
Casino Bonus
Home News & Articles How Long It Takes to Cash Out from Online Casino?

One of the most exciting parts of gambling at an online casino is withdrawing your winnings. However, this process may take up some time, making the entire transaction quite nerve-racking.

Online casinos offer a wide variety of payment methods, with some of them being a lot easier. Thanks to these methods, the process of transferring your winnings to your account is quite fast, further adding to your playing experience.

In most cases, cashing out follows the same process as making a deposit, which needs to be placed first. Also, before being able to claim their winnings, punters will need to verify their account.

Withdrawing Your Money

Verifying an account is an important part of the cashing out process. All reputable online casino will require their members to do so. Skipping this step won’t make the process easier. On the contrary, it means you’re probably playing at a casino that doesn’t meet the criteria required by a regulatory body.

To complete the process of account verification, players will need to provide proof of age, name, address, and any previously made deposits.

Accessing the “withdrawal” option can be done through the same window you used to make a deposit. Once you choose this option, you’ll be prompted to choose one of the available payment options for cashing out. Choose your preferred method, enter the amount of money you want to withdraw, and confirm the transaction.

Your request will be processed in accordance with the payment method you’ve chosen, and other external factors.

These Casinos Offer Good Withdrawal Options

Payment Methods

As we’ve pointed out, once your withdrawal is confirmed and approved, the transaction will need to be processed before the money appears in your account. The time it takes for your request to be processed in the end comes down to the method you’ve selected.

Here are the most widely used payment methods:

e-Wallets are one of the most popular methods for withdrawing funds at online casinos. The most often used e-Wallets are Skrill, Neteller, ecoPayz, and ClickandBuy. When using them, your money will be processed almost instantaneously, or in a couple of hours if you’re withdrawing a really large amount. However, e-Wallets are not directly connected to your account, and it may take up to a few days before you’ll be able to actually withdraw cash.

Typing credit card numbers
We explain the process of withdrawing online casino winnings.

Credit and debit cards are also a very popular means of depositing money, but it can be very slow when it comes to withdrawing it. It may take up to 72 hours before for your transaction to be completed, although this period will depend on the bank you’re using. MasterCard doesn’t usually offer an option for withdrawing, while Maestro is a much better option for it.

Bank transfers are the slowest withdrawal method, but many use it as it’s regarded as one of the safest. When choosing this payment method, you’ll need to wait for the transaction to be cleared, which may take up to five days, or even longer.

Some online casinos offer a reverse withdrawal option. They place a hold on any transaction, lasting between 24 and 48 hours. During this period, you may choose to cancel the transaction and use your funds to continue playing. This option can be a drawback, so you should avoid using it.

We hope this article answered all the questions you had regarding this topic. Choose your cash out method carefully, and be prepared that some of them may take up some time. The most important thing you can do is to choose a safe online casino, where your money and personal information will be protected. Visit OnlineGambling24.com and start playing today.

Receive 151 Free Spins!

1701 people preceded you!