Starting to play at online casinos is usually extremely intuitive. You just register, deposit and enjoy your favorite games right away. However, when it comes to withdrawing your winnings from online gambling platforms, beginners might face some difficulties. In this article, we will cover everything you need to know to have your casino withdrawals processed smoothly.
A Step-by-Step Guide
First of all, let us take you through the main steps of submitting a withdrawal request. Even though most beginners will figure it out, it is still necessary to state these steps to go into more details further.
Step 1: Win
Logically, to withdraw something from an online gambling platform, you need to win some funds first. This implies registering, depositing and playing the games with real money bets until you’re ready to cash out your winnings.
Step 2: Launch the Cashier
Once you’re ready to cash out, just launch the casino’s cashier the same way you did while depositing. Then, switch to the withdrawals tab. At most casinos, you can find this selection right in the upper middle part of the screen.
Step 3: Select Your Banking Option
Once on the withdrawals page, select the payment option that is the most comfortable to you and enter the sum you wish to withdraw. For some methods, you will also need to enter your credentials.
Step 4: Submit the Request
After filling everything out, make sure to double-check the information. If everything is correct, feel free to hit the Submit button, which is typically located at the bottom of the screen. Then, you will only need to wait until your request is processed and the funds reach your account.
What You Need to Know
The basic process of withdrawing funds is intuitive, but there are some details that might be confusing for beginners. In this section, we will cover the most essential parameters and rules you need to take into account while withdrawing your winnings from an online gambling platform.
Transaction Terms
First of all, there are the transaction terms of the casino. The most important terms you need to keep in mind are the list of methods available for withdrawals, the minimum and the maximum withdrawal limits for your method, the processing period for cash-outs, and the fees for such operations.
In most cases, you will be able to use the same method you have used for deposits while withdrawing, however, it is still important to double-check it beforehand. The same applies for the minimum and maximum withdrawal limits: they are usually affordable but worth checking. There are usually no fees for most withdrawal methods except bank transfers.
Bonus Rules
In case you have activated a promotion at your online casino, you might find yourself being unable to withdraw your winnings. This happens because many players don’t read the bonus terms attentively. A very common rule of wagering requirements states that you will need to make real money wagers for a specific sum until you can cash out.
These rules may apply both for free spins and deposit bonuses. The sum you will need to wager depends on the sum of your bonus, meaning the higher is the bonus sum the more you will need to wager before you become eligible for a withdrawal.
Prepaid Vouchers
If you’re planning to use prepaid vouchers for deposits on your online gambling platform, make sure to prepare another withdrawal method beforehand. Vouchers are exclusively available for cash-ins, meaning you will not be able to redeem your winnings via a prepaid card. Instead, you will need to use online banking, e-wallets, cryptocurrencies or bank transfers for cashing out.
