How to Withdraw Money From Online Casinos? [Guide]

How to Withdraw Money From Online Casinos

Cashing out from online casinos is an important task. After all, you have played at the casino, slot games, bingo or live casino, and when you have won some cash, you are eager to draw out your winnings quickly.

In this Guide, you will discuss tips on withdrawing from online casinos to make it swift and less hassle.

Check the withdrawal options and time

Withdrawal options and time frame
Withdrawal options and time frame

Before you start the process of withdrawing money from online casinos, you need to check the withdrawal options and the time it takes to process

Following are the withdrawal options you will find at South African online casinos.

BitcoinEWalletsCredit CardsEcopayzWire Transfer
Min. Withdrawal: R1000 
Time: Instant; 48-72 hours
Fees: None
Neteller & Skrill
Min Withdrawal: R100
Time: 3 Working days
Fees: Applicable
Min Withdrawal: R100
Time: 5 Working days
Fees: None
Min Withdrawal: R500
Time: Instant; 48-72 Hours
Fees: Applicable
Min Withdrawal: R1500
Time: 20 Working Days
Fees: Applicable

The withdrawal limit varies from one real money casino to another. So check with the online casino where you play games and wish to make a withdrawal.

Some withdrawal methods and online casinos charge a fee. Punt Casino charges R100 as a withdrawal fee.

Therefore, select the payment option that is most suitable for your requirements.

Also, ensure that the site supports transactions in South African rands to avoid conversion fees.

Learn how to make a withdrawal at Springbok Casino

Verify Your Documents

Verify documents for withdrawal
Verify documents for withdrawal

Before you make a withdrawal, online casinos verify your documents to ensure that the money is in the right hands.

Following are the primary documents needed for verification of players before you can make a withdrawal:

Proof of IdentityProof of Address
Drivers License or Passport with your PhotoDriver’s License or Passport with your Photo

At some casinos, like Goldrush online casinos, you can also be asked to provide income-proof documents to verify your income status before you play the games in real time.

You need to send all the verification documents to customer support by email at the online casino you wish to make a withdrawal.

Remember that the documents should be valid and not expired when it comes to withdrawing money from online casinos.

The withdrawal process is simple

Initiate withdrawal
Initiate withdrawal

Initiate your Withdrawal

  • Now that your account is verified and you want to get back your winnings go to the cashier after logging in to your online casino where you wish to withdraw.
  • Select the withdrawal mode > enter the withdrawal amount> and start the process.
  • You have initiated the withdrawal request with the casino cashier.
  • You will now wait for the payment to be received at the destination you opted for money to receive.
  • In case it gets delayed, you need to contact customer support at the casino.

In a few online casinos, you will be emailed a Deposit Acceptance Agreement within 48 hours of opting to withdraw your winnings. You need to complete, sign, and then return the agreement for the transaction to be processed.

Tips for fast withdrawal

  • Play at legit online casinos that accept even mobile payments. Scam and fake casinos either offer no withdrawals or process payout very slowly.
  • Select the Instant withdrawal option.
  • Always verify your documents at online casinos. Most withdrawals are late due to the non-verification of players’ documents.
  • You must complete the wagering requirement for the game you play to get your withdrawals on time.
  • Wagering means you need to wager the sum of the amount mentioned in bonuses to withdraw your winnings. Each bet you make counts towards converting the total playthrough amount. Once the wagering amount reaches zero, your balance will convert into a withdrawable balance.
  • Withdrawal requests are processed in two full working days, excluding the day they were requested, weekends, and public holidays. So, it is best to initiate withdrawal on Mondays.

Conclusion

When considering how to withdraw money at online casinos, you need to understand the withdrawal rules and casino policies. These include the withdrawal methods, time frames, and verification of your documents.

Once you’ve done this, you can easily make a withdrawal and get back your winnings on time. Remember to play at a legit, licensed, and well-regulated online casino for hassle-free withdrawals.

FAQs

How do you withdraw money at online casinos?

Navigate to the “Cashier” button at the top-right corner of the screen. Choose the “Withdraw” option on the left side of the Cashier menu.

Input the withdrawal amount and pick your payout method, then click “Withdraw” to receive your winnings on time.

My withdrawal has already been processed, but why is it still not in my bank account?

You need to consider that your bank or method of withdrawal may have its own timeframe for receiving a bank wire. It generally takes 48 hours for the wire to reflect in your bank account.

Why did I get less than what I withdrew?

There might be a couple of reasons why you received less than the amount you input for withdrawal. That can be max cashout limits, associated withdrawal fees, etc.

What if I have trouble withdrawing money?

You can contact online casino support for any issue you face in withdrawing money.

What if the online casino doesn’t pay back my wins?

If the online casino doesn’t pay back your wins, first contact help support. If they don’t listen, advertise your problem in gaming forums and seek legal help.

About the author

Kamal Kaur