How Online Casinos Pay You: Easy Explanation for New Players

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Most people play in online casinos for one reason: to win money.

Once you’ve added some winnings to your account, whether it’s $10 or $100, the next step is to withdraw it. This way, you can get the money transferred to your bank account as fast as possible. How do you do this? All is answered below.

How Online Casinos Pay You

Online casinos pay you by transferring money from your online casino account to your bank. This can take up to 24 hours. Sometimes, there will also be a very small transaction fee involved.

The best thing about this is that most online casinos offer additional withdrawal methods, such as PayPal, Skrill, and other e-wallets. All you have to do is choose the method you like the most.

For example, slots are still the most popular online casino game. if you win a huge $300 jackpot when playing online slots, you might want to transfer your winnings to PayPal instead of your bank account. Alternatively, you might opt to keep the winnings in your online casino account so that you can withdraw them at a later date.

To proceed with any online casino withdrawal, all you have to do is:

➡️ Log into your online casino account

➡️ Open the menu and tap the withdrawal option

➡️ Choose your withdrawal platform (e.g. bank account linked to your debit card)

➡️ Select how much money you want to withdraw (e.g. $30)

➡️ Wait for the transaction to complete and check for the money arriving in your account

Once you’ve done it for the first time, the online casino withdrawal process will suddenly become a breeze and you’ll know exactly what to do without having to read these instructions again.

The Most Popular Online Casino Withdrawal Methods

In the new era of iGaming, the most popular online casino withdrawal methods are:

Credit card

Debit card

PayPal

Skrill

Bank wire

The fastest of the bunch is PayPal. Withdrawals using PayPal are ultra-fast and very rarely take 24 hours. In most cases, you can expect the money to arrive in your PayPal account within a matter of minutes after you’ve submitted your withdrawal request.

Are Online Casino Withdrawals Safe?

Yes — absolutely. It’s a fair question to ask, and you’ll be happy to know that online casino withdrawals are 100% safe. The only thing you need to be aware of is that most online casinos will ask you to verify your identity and chosen withdrawal method (e.g. credit card) before you can make any withdrawals. This is to protect your funds while also ensuring that the money is going to the right person.

What is a Minimum Withdrawal Amount?

All online casinos have something called a “minimum withdrawal amount”. This is a set requirement that you must meet before withdrawals can be made. For example, FanDuel (one of the most popular online sportsbooks in the world) has a minimum withdrawal amount of $10. What this means is that you must have $10 or more in your casino account. If you only have $5, then you’ll need to play until you eventually surpass the $10 amount.

Summary

If you’re looking for an online casino that offers safe and secure withdrawals, there are plenty on the market to choose from. There’s Stake.us, FanDuel, DraftKings, Caesars Palace, and bet365 — just to name a few. Whichever you decide to join, remember to choose the withdrawal method you’re happiest with and make sure that your account total is above the minimum withdrawal asking amount.

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