Chances are, you’ve probably had a go at an online gambling site in the past, won a little cash, and waited for ages to withdraw it. But, here’s the good news: there are different ways of withdrawing your winnings without having to wait so long. Online banking is an important factor to consider when you choose where to gamble online. You need to know which withdrawal methods you can use, how long it will take to cash out, and whether the withdrawals have a fee attached to them or not. Don’t worry, though, we’ve done all the legwork for you and everything you need to know is right here in our casino withdrawal guide.
You can usually cash out in three easy steps:
Each of the online casinos that we rate and review do their best to make the withdrawal process as effortless as possible. You just need to follow their on-screen instructions.
Most online gambling sites have a broad range of withdrawal options. Typically, you can have the funds paid out using the deposit method you initially chose. However, not all deposit methods allow this, so you need to know what your options are.
Today, some of the most popular payment methods are EcoCard, Skrill, Click2Pay, and PayPal. These e-wallets allow players to store money in your online account so that you can deposit and withdraw from your online casino account without any hassle. The e-wallets are safe, fast, and secure.
Typically, you should ensure that your e-wallet is linked to your checking account so that you can quickly transfer funds between your land-based account and your digital account which you can then tie to your casino account.
Withdrawing your winnings to an e-wallet account takes approximately three working days, and a few more days after that for the funds to reflect in your bank account.
There are plenty of online casinos that allow our Canucks to use their credit cards for withdrawals, and the entire process is easy. All you have to do is provide the card information you gave to deposit with and follow the site’s instructions. Your money usually appears in your account within a week and transactions are safe since most credit card companies use advanced security technologies to protect your money. It is worth noting that you cannot use MasterCard for online casino withdrawals, but Visa is widely accepted.
Canadians often use wire transfers for their online gambling withdrawals. You will need to trust your online casino to make this kind of money transfer, though, as you will need to provide your bank account details. Your winnings usually appear in your account within 10 working days. If the deposit option you used cannot be used to make withdrawals, wire transfers are a great option.
In order to cash out, you will need to fill in the online casino’s withdrawal forms and provide all the information with the request, such as:
While these identification policies may seem excessive, such precautions are put in place to guaranty safety. Once you have provided the information, you can cash out from the online casino when you need to.
The minimum amount the casino allows you to withdraw depends on their rules and the method of withdrawal. Some casinos only allow you to cash out lump sums whereas others are happy for you to take out just $10.
When it comes to bonuses, things get a little more complicated. Some players will see a 100% deposit bonus as a quick way to double their deposit, but it doesn’t work this way. Most bonuses come with play through and wagering requirements, so you will need to play a particular amount before you can turn your bonus into real money. Be sure to refer to the casino’s bonus terms and conditions.
Some online casinos do charge a fee for certain withdrawal options, but those fees are the same from casino to casino and you don’t need to worry about paying more to get your money sooner.
If you get stuck and need help with the withdrawal options and process, the online casinos we rate and review have superb 24/7 customer support in several languages and you can use Live Chat, email, or telephone to access the help desk when you need them.