Why do casino withdrawals take 24 hours to 14 business days? Generally, it’s because of the banking method chosen and its policies for online transactions.
However, there are exceptions, and it’s not always clear-cut. We’ve compiled the most common reasons and tips below to help you get fast payouts.
Why Casino Withdrawals Take Time
Online casino withdrawals can take some time for many reasons. But legitimate online casinos usually boil down to four.
1. Meeting Wagering Requirements
First, online gambling sites have strict terms and conditions for withdrawals. You can’t withdraw your winnings if you haven’t met the requirements for any bonuses you take. Additionally, some casinos expect you to leave your bonus amount in the account.
2. Maximum Withdrawal Limits Exceeded
Most casinos limit your weekly withdrawals to a set amount. There may also be a monthly limit on casino withdrawals. We recommend checking these in the general terms before requesting your cashout.
3. Casino Withdrawals: Unverified Accounts
One of the first steps in creating a casino account is verifying your identity as part of KYC (know your customer) laws. If you don’t provide proof of identity and address, the casino can’t prove that you aren’t money laundering.
4. Suspected Bonus Abuse
Besides the wagering requirements, casino withdrawals depend on meeting the max bet limits, validity interval, and other stipulations. We always recommend reading through these carefully before you take the bonuses offered.
5. Banks or Payment Providers
Many American banks have to follow the letter of the law, which includes restrictions on gambling payments. Unfortunately, most states are in limbo with gambling, so many grey areas exist here. We recommend using cryptocurrencies if your state is one of these gray areas.
How to Avoid Delayed Casino Withdrawals
While it’s tough to get everything right, we have some steps that will make casino withdrawals easier for you:
- Always ensure that you provide the correct information to the casino for your payment option and account.
- Verify your casino account as soon as you get the confirmation email to avoid delays.
- Never skip reading the bonus terms and conditions while noting the limits.
- Choose instant payout methods like Litecoin or Bitcoin to avoid setbacks.
- Only create one account for your address with the casino to prevent your payment from being voided.
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Paige is an avid Poker and Roulette fan who loves to hedge her bets. As a younger team member, she’s more likely to try new games and try to find the best way to win. Part of what drives Paige is the need to understand casino games and how they work. Then, she likes to break things down and ensure that anyone can understand them. She considers herself an intermediate player, and hopes to play like a pro soon.
