How to Make Withdrawals at Online Casinos
Although many online players look at welcome bonuses and gaming environment as their primary considerations when joining an online casino, the foremost consideration should be the payout process, banking methods available and the casino’s reputation. While attractive signup bonuses have challenging playthrough requirements, the banking and payout methods still make a huge difference in your ultimate winnings.
To entice new players, some online casinos accept low deposits just so that they can get started, however, it is in cashing out the winnings that it becomes tricky. There are a few casinos have high limits in terms of minimum withdrawals, which means that the player may need to play for quite some time and has to be very lucky just to reach that withdrawal limit. This is why it is important to double check the online casino’s withdrawal and banking methods, minimum payout limits and withdrawal fees before depositing and playing for real money.
Most reputable online casinos offer a wide variety of withdrawal methods, and the most popular are eWallets. This option is typically the best way to go because of the countless benefits associated to it. eWallets such as PayPal, Neteller, Click2Pay and Moneybookers can be connected to your live checking or savings account so that you can deposit conveniently and you don’t have to disclose confidential financial information. The fees per transaction is also very negligible, whether for deposit or withdrawal.
Check withdrawals and bank transfers are also a popular choice, and almost every casino accepts this method. Bank wire transfers also offer the best security and safety, making it the top choice for high rollers. The downside to this, however, is the timeframe involved, as it can take 2 to 4 weeks before you can get your payout, and the fees can go up to $50 in some online casinos. Take note, too, that many casinos restrict your withdrawal to the method that you used for deposits. For instance, if you used a credit card to deposit funds into your casino account, you can only use that credit card for withdrawals. To avoid confusions, it is highly recommended that you read the terms and conditions, as well as the FAQs of the particular online casino you will deposit to.