Although there’s plenty of fun to be had playing slots for free, once you start depositing cash, you add an extra layer of excitement and suspense. And of course, as you land winning lines, some amazing cash prizes can drop into your casino balance. To avoid any hanging around waiting for your winnings to drop into your account it’s worth doing your research and choosing a payment method with fast withdrawal times.
Same Day Withdrawals
A small number of casinos are beginning to offer same-day transactions to encourage faster withdrawals. They allow your request to be processed in as little as twelve to twenty-four hours, regardless of which payment method you’ve chosen. However, there aren’t many of these casinos around yet, but when you do come across one you can generally expect to encounter stricter limits on the amounts you can withdraw.
The Withdrawal Process
Every casino has its own particular rules regarding withdrawal requests, but most have a similar system where you click Cashier, select your payment method and state the amount you wish to withdraw. The casino will often ask for several proofs of identity, such as a utility bill, bank statements and photographic ID from a passport or driving licence. Then your request is considered as pending for two to three days to allow you time to rethink your decision. Once you’ve cleared all these hurdles, the speed of your transaction is dependent on the payment method you’ve chosen.
PayPal is often regarded as the fastest of all the payment methods. It provides ultra secure internet banking with approval directly from your own bank account. It’s a format that’s trusted by casinos and punters alike. It’s rare to find an online casino that charges a fee for using PayPal and there are no fees when you transfer funds from your PayPal account to your regular bank account. Once cleared by the casino, your winnings can be transferred instantly. Minimum withdrawals are usually between £5 and £20, but the maximum can be approximately £5,000 making it an ideal choice for high roller players.
As a convenient pay-as-you-go system that relies on top-ups to a debit style card you purchase, PaySafeCard is a reliable method for players regularly making withdrawals. Your account details are stored and managed on the PaySafeCard website. Making a withdrawal is instant or at least within twenty-four hours. Minimum limits are often set at £10 or £20 while the most you can withdraw in one transaction is around £2,000 presenting yet another option for high rollers.
Many punters use Trustly as an intermediary between the casino and their bank accounts. It’s a secure, fee-free method that directly accesses your bank account to complete transactions. Withdrawals are rated as instant although individual times are dependent on the casino and can take up to two days. Limits for withdrawals are often between £10 and £10,000 in one week.
With Bitcoin casinos, you can often withdraw up to £5,000 in one week. A transfer can vary between appearing instantly and up to forty-five minutes.