Choose the Best Withdrawal Option at Online Casinos

how to choose the best withdrawal options at online casinos
How to choose the best withdrawal option at online casinos?

When playing pokies at online casinos you always look forward for some great wins. However you are also concerned about as how to withdraw your winnings from online casinos. What you must have noticed is that each online casino have a banking section or banking page at their online website. When you click on this section you will find there are many deposit and withdrawal options given there for you to choose from. When you need to fund the account there are more options to select but withdrawal modes are very few to choose from. So you get confused as which is the best withdrawal option at online casinos.

You need to select one of the withdrawal option to use that will see you getting paid out your winnings in a timely fashion and in cost effective way too. The withdrawal option vary from casino to casino and country to country.

Withdrawal Option at Online Casinos

Methods of withdrawal
Methods of withdrawal

When playing at Australian online or Aussie friendly casinos  you will find withdrawal options that may be compatible to your country and easy to use with fast winning payouts.

You will find withdrawal by using Credit cards, Neteller, Paypal, POLi, Skrill, Ukash and Cheque.

  • Credit Cards- 2-4 days
  • Neteller- 24 -48 hours
  • Paypal- 24- 48 hours
  • POLi- 24-48 hours
  • Skrill-24 -48 hours
  • Ukash- 24- 48 hours
  • Cheque- 5- 7 days

The way that web and e-wallets have been designed is such; as soon as any individual or company sends a payment to someone else; or one of their customers. Then that payment is instantly removed from their web wallet account and is placed into the receivers web wallet account instantly and in real time.

Therefore, if you want to benefit from rapid winning payouts when you are playing real money casino game online; you should opt to make use of a web wallet as your preferred withdrawal option.

You need to always keep in mind that there may be some fees and charges associated with using some web; and e-wallets, so always pick one with either the lowest fees and charges or no additional fees and charges!

Withdrawing winnings directly to your bank account

You could also choose to have your online casino winnings sent directly to your bank account; however, there are a few different aspects to using that withdrawal option that you do need to be aware of before you choose to make use of it

Some casinos will have bank accounts located in the same country. As you and as such the speedy payment banking system that many countries have now adopted; when you have requested a winning payout to be sent to your bank account. The very second the casino site processes your winnings; and sends them back to your back account they will show up in that bank account instantly.

However, if you play at any casino site that is going to pay you your winnings to your bank account; by a standard bank wire then there may be several days delay in you receiving your winnings. And also there can often be some fees associated with using an international bank wire withdrawal option; that is going to reduce the value of your cash out. So, do keep those additional fees in mind, as ideally, you will never want to have to pay any of them when making a withdrawal.

Know the online casino payout percentages

Many times when a casino pays out money to you; they will take a small percentage of that AUD to cover transfer costs. But if they are an instant withdrawal online casino, the small fees shouldn’t be an issue. Whether you are banking or using a service like Paysafecard or PayPal; it’s important that you pick a casino with the best payouts; so that you get most of your hard-earned casino winnings.

Casino payouts are monitored but most winnings are not taxed; when paid out unlike other locations such as the United States. That means you don’t have to worry about surrendering some of your pokies winnings to the government; if you’re a native Australian.

The best payout online casino will only take a slight amount of your money, and you’ll get the majority of it. Remember this when making a decision on an easy withdrawal online casino that they aren’t all created equally and you have to choose wisely.

There is usually a minimum cashout amount at most casinos. When you play at an online casino fast withdrawal site you’ll likely need at least 10 AUD to get your money out, and this amount will go up depending on the location you are using and your withdrawal method.

Withdrawal process at online casinos

Many online casinos process withdrawals on Monday to Fridays following a 48-hour pending state. Also when you make a withdrawal, it will generally be paid to the method with which you last made a deposit.

When you submit a withdrawal request, its status is labeled as “pending”, which means that the casino acknowledges your request and that your withdrawal is now being reviewed for processing. When you request a withdrawal, also note that you will not be eligible to receive bonuses while your withdrawal is pending or being processed. You are free to reverse your withdrawal at any time, and become eligible to receive bonuses once again.

For your security and to safeguard your funds, you may be requested to provide identifying documents when making a deposit or withdrawal, such as a copy of a government-issued identity card (driver’s license or passport) and a copy of a recent utility bill. Documents may be emailed to the online casino to make things easy and fast.

Always play in reputed and licensed online casinos

Some dishonest casinos will provide payment methods with very long wait times in hopes that they can keep players from withdrawing their money or noticing that they aren’t receiving it. The most trustworthy casinos offer real money quickly and they often support bank transfers and other faster methods of withdrawal. Therefore always look for reputed and licensed online casinos to play pokies.

Keeping all the things mentioned above in mind it is time to choose wisely the withdrawal option for your winnings. Play at best online casinos and reap the rewards.

About the author

Kamal Kaur