How to Withdraw Money from Online Casino?

how to withdraw money from online casino
Last Updated on | by Amanda Wilson

When you gamble in an online casino for real money, you get the opportunity to win real cash. If you hit a big prize, you will want to celebrate the win. But, before you can spend those funds, you have to withdraw your winnings.

This article will show you all the needed steps to get an online casino payout without hassle. The entire process is simple and easy, and if you select a reliable payment method, you will cash out your winnings in no time. Our short guide busts all myths around casino payments online. Keep reading to learn more.

Log In To Your Casino Account

Given that you have already chosen online casino with fast payouts to play at and have created and verified your account, you should first log in. Most casino sites have the Sign In button located near the top menu. Simply press on it, and it will take you to the login page. You only have to enter your email address or username and password, and you’re good to go.

Keep in mind that it is essential to check its licenses and certificates when selecting an operator. Look out for brands regulated by reputable authorities like the UKGC and the MGA. Alternatively, try casinos registered under offshore authorities like the Government of Gibraltar and Curacao that provide secure payment methods.

Check Things Influencing Your Withdrawal

As easy as it is to request and initiate a withdrawal from your online casino, you must keep in mind the operator’s requirements. Typically, you have to fulfil them before the withdrawal can take place.

Wagering Requirements

Some casinos require players to deposit at least $10 to claim a bonus. Then, the rollover requirements indicate the number of times you must wager the deposit and the winning amount before you can request payment.

Withdrawal Limit

Usually, casinos cap off the withdrawal limit to ensure that everyone can withdraw whenever they want. Limits can be set per day, week or month, so players should carefully read the rules of the online casino.

KYC & Security Checks

The KYC procedure is mainly a series of questions that players must fill out during registration or when requesting their first payment. Such verification checks are necessary and mandatory, and they help the operator discern the player's payment credentials and legal age.

Visit the "Cashier" Tab

Now it is time to head over to the banking section or the cashier. This is the casino area where you deal with finances, regardless of deposits or withdrawals. Look for the Payout or Withdrawal button on this page. Keep in mind that safety is a priority whenever you deal with money. Thus, before proceeding with the withdrawal, make sure you are on the casino’s official website instead of using email links.

Sign in using your information and click on cashier or bank to be prompted to the next window. Check the address bar looking for a closed padlock on the left side. It indicates that all the exchange of information is anonymous and protected using an advanced SSL security protocol.

Choose Withdrawal Option

Players at reputable online casinos can choose from various banking methods for withdrawals. Of course, each method has its advantages and disadvantages, so you must examine them thoroughly to know what you’re getting yourself into. According to KYC, players must withdraw their winnings using the same payment method they used for the deposit. The only exception to this rule is prepaid vouchers such as Neosurf, PaySafe, and Poli. If you choose any of these three options, you must withdraw via a wire transfer.

When it comes to processing times, they will vary from casino to casino. Bank transfers usually take between 5 and 8 days. The only reason why they might take longer sometimes is due to the mandatory verification checks, also depending on the operator. Credit and debit card payments take less time or up to 6 days, while e-wallets are definitely the quickest way to get paid as they require between 1 and 3 days to process payment requests.

Enter the Amount of Money

After choosing a payment method that suits your need, you only need to enter the cash amount you want to withdraw from your online casino account. Be careful and read thoroughly the terms and conditions attached to each banking method offered by the operator to decide which option to choose and when to expect the money. If the amount of money you wish to withdraw goes red, it means you have probably set it north of your available amount or south of the required minimum.

Whatever the case is, make sure to double-check your casino account’s available funds to avoid any possible misunderstandings. Usually, online casino operators state the cost of each available payment method and offer links to tutorials with detailed explanations. If you have any doubts about the operations, you can always click on them and find out more.

Request Payout

The sixth and final step of the entire withdrawal process is submitting the actual request. Although you have already entered the payment amount and everything is set up, you will get the chance to double-check all information before sending your request. Revise the entered amount, your chosen currency, and the selected payment method. Make sure you are still okay with the initially entered information and confirm. Now you have started the withdrawal process, and it is only a matter of time until you get your winnings.

The casino will then perform certain checks and verify your personal details before finally processing your withdrawal request. The activity of getting your winnings includes two essential processes – the casino’s request sent to the bank and the actual banking process. Typically, online casinos take up to 48 hours to work on a payment request internally before finally sending it to the bank, but it all depends on the chosen method.

Tips to Withdraw Cash from Casino: FAQ

  • Can I withdraw money from an online casino in New Zealand?

    Yes, you can withdraw money from every online casino in New Zealand without problems. Complete the process using our helpful guide, and the money will be in your account in no time.

  • What payout options are available for NZ players?

    New Zealand players have a range of available payment options. Some of the most prominent and, of course, convenient for casino players are Visa & MasterCard, Bitcoin, and of course, bank transfers. The exact banking methods you can use at a casino may vary depending on the operator’s cashing out policy.

  • Is it safe to enter your withdrawal details inside the casino site?

    Yes, entering your withdrawal details inside the casino site is completely safe. Respectable operators use SSL encryption to secure all payments, and there is no reason to worry about anything.