Withdrawal Options

Added: October 28, 2011
 
 

Introduction

The terms and conditions associated with how players can withdraw their online casino winnings from their online casino accounts depend on individual casinos. Online casinos offer a wide range of withdrawal options, and the time taken by different casinos to process payout requests varies from instantaneous to seven working days or even more.

Traditional checks (Received via land mail)

Online casinos offer a wide range of withdrawal options such as eWallets, checks, bank transfers, wire transfers, and so on. If players do not mind waiting a long time for their winnings to reach them, they can opt to receive their winnings through traditional checks or paper checks. A number of online gaming sites do offer their gaming customers this option.

Players who choose to receive their online casino winnings via checks should ensure that they have given the casino their correct postal address; otherwise their check will take an unnecessarily long time to reach them. A traditional check might take anywhere between a week to one month, holidays excluded, to reach the winner. Although a traditional check takes a long time to process, it is one of the surest and most reliable of payment options, which is why several online casinos offer it as a withdrawal option.

Players who want to receive their winnings through paper checks should also request the online casino to make it out in the currency of their own country; otherwise they might have to pay additional fees. Usually casinos write out checks in the same currency the deposit was made, but not all casinos can do this.

Withdrawing Funds via Method Used To Deposit

Generally, depositing funds in one’s online gaming account is easier than withdrawing funds to one’s personal account because casinos go out of their way to combat fraud. Moreover, players will not always be able to use the banking method they used to deposit funds to request payouts.

For instance, all online gaming sites support credit cards as payment options, but players will not be able to withdraw winnings to their credit cards. Even if their online gaming site permits them to do this, they might be able to withdraw only an amount equal to the deposit made using the credit card. Mastercard, in particular, can be used only as a deposit, and not a withdrawal option; but Visa debit cards can be used to both deposit and withdraw funds.

Players who used their Mastercard credit cards to fund their online gaming accounts, therefore, need to request payouts via bank transfers, traditional checks, bank drafts, wire transfers, international money orders, and so on.

Players looking for simple, instant, secure, and hassle free methods can consider using eWallets such as Neteller, UseMyWallet, Moneybookers, eWalletXpress, or PayPal to make deposits and withdraw winnings. Moreover, moving funds between eWallet accounts and gaming accounts is instant and free.

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