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Sensible Gaming: How to Cash Out Winnings at Online Casinos

Posted on Feb 3, 2017 by in The Screen | 1 comment

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One of few online casino disadvantages is the fact that it typically takes some time to cash out winnings. In contrast to land based casinos where players just need to exchange chips to cash, online casinos require players first to request withdrawal and then wait when the request is processed and money is transferred.

Be Patient

It would be fair to mention that slow withdrawals at online casinos are necessary first of all for security reasons. There’s always a chance of some fraudsters getting access to online casino player’s account. That’s why online casino for real money administration doesn’t process withdrawal requests fast. Usually processing takes no longer than three days and after that money are safely transferred to online casino customer’s account.

Bank Checks and Transfers

Theoretically, you can withdraw money and get a bank cheque. But this option can be recommended only to those online casino players who already have some experience with this payment method. Moreover, the process of cashing out can take about a month.

Wire Transfer is an easier option. Online casino players will need to open an account that will be used to receive casino payments. The only problem with this method is quite high commission which is equal up to $50. But for cashing out big amounts it is probably the best and the most secure option.

Electronic Payment Systems

Majority of online casino players withdraw money to their digital wallets, for example, Skrill and Neteller. The list of online payment services is much longer, but Skrill and Neteller are the most popular. Money can be credited to the digital wallet the same day withdrawal was requested. These systems also ensure instant deposits to online casinos. Basically, this is one of the most convenient withdrawal methods, especially in case when your credit or debit card is verified with Skrill.

Other Options

There are other popular banking options. They are generally easy to use, but sometimes require additional information to register and receive payments.

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