When it comes to funding your online casino account and receiving your winnings, deposits always seem easier to do than withdrawals. To make the process smooth, convenient, and safe we have compiled the best options to use when withdrawing real money from your account, plus the safest sites to deposit with so you can ensure high security protocols are always protecting your financial transactions.
How to make safe withdrawals
Before we get into the best options to use when withdrawing funds from your online casino account, we want to give you some pre-requisites you need to follow.
First you need to be a member of a reputable online casino to ensure your withdrawals will be safe. Reputable sites include those authorised to operate after undergoing vigorous investigations by advanced licensing jurisdictions.
Sites which have these credentials include:
- Royal Vegas Casino
- G’day Casino
- Guts Casino
- 32Red
- Slots Million
- Leo Vegas
- Thrills Casino
- Roxy Palace
They each employ modern data technology, on par with what online banks use, to ensure every transaction including withdrawals are secure.
Additionally, to adhere to their licensing policies the online casino will have to confirm your identity before you make a withdrawal so be prepared to submit a copy of your ID/passport and a bill with your name on it – this ultimately protects you as a player so no one steals your identity or money.
Next you need to make a deposit, play your favourite games and hopefully win to make a withdrawal.
Online casino secure withdrawal options
The following payment options are both the most common methods available for withdrawals, while also being the safest.
Credit and debit card withdrawals
Credit and debit cards are the most popular payment methods due to their ease of use and security protocols employed (such as cover for fraudulent behaviour).
The two most widely accepted credit and debit card brands include Visa and MasterCard.
Withdrawing with Visa: Visa is the best brand to opt for when it comes to credit and debit card withdrawals as you will find these are accepted at all of the aforementioned online casinos, and the process is very easy – especially if you deposited with this method.
MasterCard withdrawals: Unfortunately, MasterCard credit and debit cards aren’t as commonly accepted as they are for deposits. You may be able to withdraw with their debit card Maestro, but if you don’t have this you may need to opt for another withdrawal option – even if you did deposit with it.
Additionally, some financial institutions don’t allow gambling transactions to be performed with their issued Visa or MasterCard, so you may have to opt for another method.
Web wallet withdrawals
A great alternative to using your credit or debit card is opting for an e-Wallet. These are online accounts which use the same high security technology our reputable online casinos use. You can deposit funds here, then take your username and password to the online casino to make a deposit and get playing.
You can then withdraw any funds back into your e-Wallet to either keep in your virtual account or withdraw to your personal bank account.
What’s more, if you opt for the widely accepted and secure web wallets, Neteller and Skrill, to withdraw your funds, many online casinos can process withdrawals within 24 hours.
Neteller withdrawals: Neteller is one of the most popular gambling web wallet available and many online casinos, including all of the aforementioned, regularly endorse them.
While you aren’t withdrawing to your bank account, you can opt in for a Net+ MasterCard which will allow you to safely withdraw your funds from your Neteller account at participating MasterCard ATMs.
Skrill withdrawals: Skrill, which was initially known as Moneybookers, is the other widely accepted virtual wallet for online gambling and works in the same manner as Neteller.
There are less funding options than Neteller, but there is an app which is great for smartphone and tablet players.
Withdrawals are safe and easy and you can also get a MasterCard to withdraw your funds from your Skrill account at participating ATMS, or simply transfer it securely to your personal bank account.
Bank transfers
Bank transfers are another way to securely withdraw your funds, especially if you don’t want to enter your credit or debit card information anywhere online (such as web casinos or web wallet sites).
You can also withdraw larger amounts using bank transfers, usually the maximum amount available at the online casino so if you are a high roller you may have to opt for this method –this is due to the high levels of security protocols involved with this method.
Bank transfers can take longer to process, sometimes over a week which can be quite frustrating but you may be able to opt to speed things up for an extra fee.
Our online casinos rarely charge fees for these methods but your financial institution may for gambling transactions so be sure to check your bank’s policies and perhaps choose a web wallet if this is the case.
How to make an online casino withdrawal securely
Once you have made your decision on which withdrawal method you will use, head to the online casino’s cashier and click on the withdrawal link.
If you used a method accepted for withdrawals to make a deposit, it will generally be the default option. You can proceed with this or choose a new method. Then enter the amount you wish to withdraw – provided you have the amount in your online casino account – hit submit and your funds will be processed.
This transaction, as all transactions are, will be protected by the high security technology protocols in place, provided you opt for the aforementioned safe Internet casinos we detailed above.
Withdrawal processing times
The amount of time your withdrawal takes to process ultimately depends on your payment method. As we mentioned above, the web wallet withdrawals can be processed quite quickly but this is only to the web wallet account and not your personal account – if you want to then withdraw to your personal account you’ll need to factor in these processing times too (or get a web wallet MasterCard).
Visa and Maestro can take up to 72 hours, but these processing times can be slowed down by entering the wrong details, your financial institution reviewing the transaction, or if the online casino has a reverse withdrawal hold applied (a hold so you can cancel the withdrawal instead of making another deposit).
Finally, as we mentioned above, bank transfers are the slowest but they are also considered to be the safest withdrawal option.