Casino Withdrawal — How It Works
Playing for real money at an online casino means that by wagering on your favourite games you can legitimately turn your bet winnings into real money.
Before you make the initial deposit to place your bet, you will be asked to submit certain identification, grosvenor slots online financial and other details, as a customer verification process. This is usually a one-time entry which will be associated with your account in the casino, and the same details will be used to make a UK casinos & withdrawal options.
All reputed casinos follow a similar pattern for withdrawal options; however, there might be variations of wagering requirements and other terms & conditions for selected games, jackpot casinos, and slots. Some cashback promotions & bonuses casino offers can have their own terms as well.
It is important that you always read the terms and conditions page before each deposit as well as UK casinos & withdrawal options. This is to avoid the consequences of missing out any specific pointers. And if you don’t understand any clause, then either ask for clarification via customer support or just chuck the idea of depositing in the first place. DO NOT deposit blindly.
The good news is that with digital transactions there is no chance of losing a legitimate owing, given that you have provided proper details in the first place.
Casino Withdrawal Methods
Online payment is the most common option for cashing out your wins, with check transfer being the only way you can avoid online transaction. The options and their way of working are explained below:
Direct Bank Transfer
Bank Transfers are the standard UK casinos & withdrawal options, wherein your winnings will be directly transferred to your bank account as real cash. This payment method demands you to share your bank details including an account number and verification documents. While to some this is the most convenient mode of transaction, others deem certain insecurity associated with the sharing bank of details. For that matter, grosvenor slots online there are avid security measures ensured by banks as well all reputed online casinos, such as SSL Encryption. Today, cracking security encryption is virtually impossible.
If you used your Visa or Master Card to make a deposit, there is a possibility to have your winnings transferred to the bank account associated with your card. This takes your card number, CVV, ATM pin or OTP generated via the mobile number registered with your bank.
Electronic Wallets, digital wallets or eWallets like NETELLER or SKRILL are not new anymore. This is one of the most popular UK casinos & withdrawal options after bank transfer at UK casinos. eWallets work as a bridge between your bank and the casino, or any online payment for that matter. If you don’t like to share your bank details at an online casino, you can transfer money or funds from your bank to your eWallet, and let it do the payments. To do so, you have to use your credit card or debit card details.
The most widely accepted eWallets in UK Casinos include:
Cheque Transfer to Postal Address
Cheques are the traditional means of withdrawing your cash. This is the only system to totally chuck the idea of online payment if you can’t bring yourself to trust it. You will have a check signed up for you by the casino, and sent to your postal address. However, grosvenor slots online this is also the slowest process, as casinos may take 5-8 days or longer as a standard timeframe to issue checks transfers. Moreover, this could also attract a processing and overnight fee.
You can still count on Wire Transfer, Paysafe Card. Even though both are largely obsolete, since the emergence of eWallets, many casinos still keep the option for just in case. Another much hyped withdrawal option is Bitcoin, which uses a cryptocurrency as a worldwide payment option.
Credit or Debit Cards
A big question among casino players is that whether one can make deposit withdrawals using the same credit card or debit cards. Very few casinos do allow Visa and Mastercard withdrawals, given the condition that you have used the same card to make a deposit. Such UK casinos would include Mr. Green, or 888 Casinos allow MasterCard and Visa withdrawals to select jurisdictions.
Wagering Requirements for Withdrawing Bonus Wins
Wagering Requirement means that in order to withdraw any bonus winnings, you will have to bet a certain amount of money for a certain number of times. Every casino promises a welcome bonus to their new players. And the consecution of bonuses continues to reward the loyal player for the long run, mostly with slots. That’s one of the reasons why there are more slot fans than any other casino games in the UK.
So while you are excited to cashout the handsome bonus payouts, do read the terms & conditions of “Wagering Requirements” carefully. In some casinos, it’s also called “Playthrough Requirement”. Wagering requirements are not something to be afraid of if you know what it’s worth.
What Are Withdrawal Limits
Every casino has its own norm of allowing you a maximum amount of withdrawal at a time. This is largely dispersed; varying between games, bonus and promotional offers. Certain casino games (slots, for example) may have one withdrawal limit; while some other titles might have their own limits. So would a live dealer game, board game or sports bets all in the same casino.
Usually, withdrawal limits don’t cause much trouble, as the majority of players play with a small amount, and their winnings are rarely exceeding the limitation. However, when a high payout does happen, it becomes an installment payment.
Standard Timeframes for Withdrawal
We have mentioned earlier, that each casino has their own timeframes, terms and conditions regarding payments. Some UK casinos & withdrawal options can be instantaneous, such as on eWallets, given that you have all your details, pre-verified. You can expect a standard timeframe that makes it all similar in most casinos in the UK.
The standard timeframes are listed below:
|Direct Bank Transfer||
7 days to 10 days.
Visa/MasterCard (If Available)
Instantaneous to 5 days. Typically less than a week
Cheques and Wire Transfers
7 days to 2 Weeks
There can be variations between one eWallet and another; or one credit card brand and the other. Browse the payment timeframe section before depositing.
Common Issues with UK Casinos & Withdrawal Methods
How it is with UK casinos is pretty much the same in any other part of the world. The most common issues you face are delayed hold periods to sanction UK casinos & withdrawal options. Terms & conditions stated in a complicated language or dispersed manner creating confusion and resulting unique issues during cashouts and so on. Here is a list of common issues:
- Terms & Conditions Being Written in an Unfathomable Manner.
Solution: Refuse to cringe over the unclear script and contact the customer support for due clarification. Have a notepad of your own, and jot down the clause in a way you understand.
- Sluggish Verification Process
Solution: In a bid to ensure complete safety and clarity in their procedures, casinos often end up with a sluggish verification process to the player’s dismay. This does not always mean that the operators are actually lazy. Unless you gamble for a living, which is legally discouraged, it is not big harm to give it the time for verification. Other than that, just keep tracking their progress by contacting the customer support. Sometimes active users are given a faster service.
- Unresponsive Customer Support
Solution: It often happens that you only look for the customer support when you meet with a problem, only to realize that there is no customer support. Some casinos might have system generated robot voice process that gives you a set of answers based on pre-programmed jargon. These can never understand or solve unique problems. The solution to this is trying how the customer support works before you face a problem. Or else, send an email, if that is unattended too, then refer to the social media page of the casino. And leave a note about your problem.
- Withdrawal Limits
Solution: As we have explained above about withdrawal limits being only a legit part of the casino terms and conditions, there is nothing much you can do to alter the terms. It’s better to wager at a casino or game wherein you are comfortable with the withdrawal limits for large payouts.
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