When Do You Get Your Payout At Online Casino? – 2021 Guide
You’ve already spent the money in your head and informed your friends about it. You’ve won some nice money at an online casino and you want it in your bank account as soon as possible. And that makes sense, after all the money you lose is also directly in the operator’s account. However, it doesn’t always work out that way and it’s doubtful if you’ll get the payout at all.
This has everything to do with the fact that online casino is not yet legal worldwide. There is absolutely no control by every government or any other authority such as the gaming authority. If you want to play at an online casino right now, it is advisable to check out trusted reviews to know more about essential details, including payment. We would recommend reviews from sites that are honest and independent.
Of course, most online casinos will make a payment. All you need to do is click on the withdrawal button and the withdrawal will be processed. Usually, there is a minimum amount to be paid out. Next, you choose one of the common methods such as:
- Transfer to your bank account
- Deposit to your Neteller/Skrill account
- Refund to your credit card
Why A Waiting Period For Cashing Out At An Online Casino?
Per method, it may vary whether a fee is charged and how long it will take. The ball is in the online casino’s court. If you want to make a withdrawal over the weekend then you can be sure that it will not be processed until after the weekend.
In addition, it is often the case that the earlier you make a payout on the day, the sooner they will honor your request. The majority of online casinos confirm the payout within 24 hours. This also has to do with your status as a player. If you have made a withdrawal before you will be paid out faster the next time.
Also, online casinos will initially be able to ask for your passport and any other paperwork. This may seem like a ploy to make things difficult for you, but this is not the case.
They often do this because the law requires it and also for security reasons and to prevent fraud. Such a request is only asked for the first (large) payout after which you can pay out the following times without any problems.
After the verification, the money is sent to the bank. It depends on the bank in how many days they credit this money to your bank account. In most cases, this takes 1-3 business days maximum and in a few cases, it can take a week.
Don’t let this get you down and wait for your money. If you want to ask any questions you can often contact the support of the casino in question. They will be able to tell you exactly what the status is.
Reverse Withdrawal: Service From The Casino?
You probably know it: You’re waiting for your payout, but you actually feel like continuing to play. Online casinos have a solution for that which is said to be a piece of service. We’re talking about reversing the pending payout.
Almost all casinos offer this ‘service’, but if you ask us it is purely to knock even more pennies out of the customer’s wallet. The result is that the payout is canceled and everything is (potentially) played up.
If there’s anything that’s annoying it’s having your actual payout pass you by. Admittedly it’s your own fault but made possible in part by the casino.
It should be forbidden as far as we are concerned. Fortunately, there is another option that more casinos should follow: The Withdrawal Lock.
Withdrawal Lock Is There For The Online Casino Customers!
As far as we are concerned, if you manage to distinguish yourself as an online casino by really being there for the customer, you are a winner. The Rizk Casino came up with a nice solution to the distressing phenomenon of reversing payouts.
This is because at this casino you can lock your payout with the push of a button. This way you won’t be able to touch it at a weak moment and the money will just be deposited into your bank account. You can find this option after you have made your payment. You press the withdrawal lock icon and voila!
Of course, there is also the possibility to unsubscribe directly from an online casino after you have made a withdrawal. However, this method is as permanent as it gets and you won’t be able to play at all for the next few days.
Playing must remain fun and we hope that more and more online casinos will pay us out even faster and take measures to protect the customer from himself.
What are your experiences with payouts at online casinos?
Frequently asked questions about payouts in an online casino
💸 Why don’t I get paid out in the online casino?
This can be due to several reasons. It could be that you deposited with a different bank card, you appear to be underage, or because you have a ban at another online casino. Also, in most cases, you have to send in your identity papers even before you get paid out.
🙅 What can I do if I don’t get a payout from the online casino?
It is important to first contact the support department of the online casino in question. If you can’t find a solution, then you could knock on Onetime’s door. On our forum, we deal with these kinds of complaints on a weekly basis. We can give you some guidance.
⌛ How quickly is the money in my bank account?
Depending on the online casino, whether you have paid out before and the payment method, this can take up to several business days. Don’t get stressed out if it takes longer. In most cases, you will receive your money.