How to Safely Withdraw Your Money from an Online Casino

December 29, 2022

One of the main concerns among the new online casino players has to do with money withdrawal. Much like any other internet transaction, people are skeptical and anxious when real money is involved. After all, there were multiple instances of scams throughout history, and if you are playing for the first time, you might end up on a site you have never heard of before. Nowadays there are lots of popular online casino brands, but as stated there are many operators players have never heard of. So, let’s see what you can do to make this experience safer. 

Also, Read: Everything You Need to Know About Online Casino Free Spins

Finding a Trustworthy Online Casino 

There are many ways you can find a reputable online casino. There are user forums and review sites where you can see how different operators are rated, what users think about them, and what bonuses they offer. Of course, if you are not entirely sure whether those sites can be trusted then, you can always look for big industry names. Big operators usually sponsor famous soccer teams, and also other athletes, so if you play on one of those websites there shouldn’t be any trouble. That being said, you should still pay close attention to some other things if you wish to make a safe withdrawal. 

Read Terms and Conditions 

Regardless of the platform, you choose there are going to be terms of use that you should definitely read. Of course, you don’t have to go over all of the 50 pages but you should definitely read things pertaining to withdrawals and bonuses. All of the real money casino sites that have promotions have wagering requirements. After all, the casino pays out winnings by using the money of other players who lost. This is why bonuses aren’t exactly free and come with some financial commitments in case you want to make a withdrawal. So, if you end up winning and want to have that cash transferred to your account you must meet the wagering requirements first. 

Of course, if you didn’t use the bonus then this won’t apply to you, but if you did then it’s a different story. Typically the money you got as a bonus needs to be wagered between 20 and 50 times, depending on the operator. So, pick a site that doesn’t have heavy wagering requirements if you wish to have access to your winnings faster.

Payment Methods  

Online casinos have multiple payment methods available for you to make a deposit or withdrawal. Sometimes the same methods are available for both, but in some instances that is not the case. If you look at Yukon Gold casino you will see that there are the same methods for both deposits available, but the payment processing time is different. While deposits can take minutes to be processed, payouts can take up to two days. 

This shouldn’t surprise you as the payment team needs to review each request before they release the funds. However, you can also find that many operators only have a few options available for withdrawal. So, make sure that the method you wish to use is also available for payouts. Currently, the fastest and safest ways to process payments are e-wallets and cryptocurrency transfers, but even credit and debit cards are highly efficient. 

Reach Out to Customer Support 

It’s important for legitimate online casinos to maintain a positive reputation. So, they really want users to feel safe, and they want to help as much as possible. This is why you can always count on their customer support to walk you through the process. If you are making a withdrawal for the first time and are feeling anxious you can always contact support, usually via chat or phone. They will likely give you step-by-step instructions and even tell you if you have successfully made a withdrawal request. 

You can ask them about the time it will take to process the payment and follow up to see if there are any delays. If the payment is released they will let you know and you can then follow up with your provider or bank to see if it’s pending on their end.

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