Withdrawing from an online casino

Filed under: Banking |

withdrawing from a casinoIf you have never played at a casino online before, the most important thing you need to know is the procedure involved in withdrawing your balance and winnings from the online casino or casinos that you play at.

Firstly, all the online casinos which we have reviewed and recommend on Online Casinos Guide, have proper and efficient methods in ensuring that you, the player and the casinos customer receive your winnings in a timely and prompt manner, whenever you action a withdrawal.

You do need to be aware though, that many casinos operate a reverse withdrawal policy, however this can be bypassed, with withdrawals manually flushed upon request.

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The first time you make a withdrawal at an online casino where you have an account, you will be asked to provide scanned copies of identification documents. These include a photographic form of identification, such as a copy of your passport and/ your drivers license and also a recent utility bill, with your name and current address on.

I must stress this is standard practice and is to protect the casino against fraud. All documents submitted are kept securely and not shared with any third party. Indeed, this is the same if you walked into a land based casino in the UK and hit a big win ( usually over a £1000 ), likewise this is the same in Vegas and around the world in bricks and mortar casinos.

The good thing is though, once the casino has verified your identity and processed your first withdrawal, you will not need to complete the same on any subsequent withdrawals you make at the casino in question.

Once a casino has processed your withdrawal and it has left the ‘pending’ state ( if the casino operates a reverse withdrawal facility, withdrawals will go into a pending state for a number of hours before being automatically flushed ), your winnings and amount withdrawn will be returned to whatever method and means you used to fund your casino account with.

Meaning in layman terms, if you used your bank debit card, winnings will be returned to your bank account, likewise if you used an online payment system such as Neteller or Paypal.

Winnings once processed normally take 72 hours or three working days thereon to hit your account.

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