How Do You Collect Winnings from Online Casinos?
Collecting your winnings from online casinos is part of the fun of gambling. You want to be able to celebrate your victory. Once you win big, you will need to request a payout from the casino to spend your funds.
If you’re not familiar with how to request a payout from any casino, we’ll show you. Below we have a step-by-step guide on cashing out from an online gambling site in the UK.
How to Withdraw Winnings from a Casino Site
Collecting your winnings is similar to depositing them into your account. Use our guide to learn how to withdraw your winnings from your casino account.
1. Log into Your Casino Account
When you’re cashing out your winnings, the first thing you need to do is gain access to your casino account. Use your casino login in detail to log into your account. In most cases, the “login” button is located at the top of the casino homepage.
2. Click on the Cashier’s Section
Once logged in, you need to click on the cashier’s section to make a payout request. Some casinos have a “withdrawal” button, while others have a “payout” button. They both refer to the same thing. The button is usually located where you made your first deposit.
3. Pick the Banking Method
Then you need to choose the banking method you want your winnings to be transferred to. In some cases, the casino will require you to choose the same method as the one you used for deposits. However, that depends wholly on the casino you’re signed to.
Once you have picked a banking method, the casino will alert you of more instructions to follow. For example, if you’re using Bitcoin, you will have to provide your wallet address.
4. Choose How Much You Want to Withdraw
The casino will ask you how much of your winning you’d like to withdraw. Enter this amount in the space provided. Most casinos will have a minimum amount that you should withdraw before your request is processed.
5. Spend Your Real Money Winnings
The casino will process your request, verify your personal information and approve your request. The time frame of receiving your winnings will depend on your chosen banking methods. Make sure you read the terms and conditions of the banking methods to see how long you will have to wait for your winnings.
Best Payout Methods for Casino Winnings
Generally, most casinos will offer similar banking methods to players. Learning more about the commonly used payment methods will help you make a better choice.
Debit Cards: Visa, Mastercard, and American Express are the most commonly offered debit card issuers.
Cryptocurrencies: cryptocurrency is becoming a popular way of online gambling. Some of the more popular options include Bitcoin, Litecoin, Dogecoin etc.
Bank Transfer: Bank transfer is another popular way of cashing out your winnings from online casinos. Before using this option, speak to the customer support agent to get the correct process.
Cheque: some old-school players prefer using this method to withdraw their winnings. If you choose this method, it may take several days for your winnings to reflect. If you want to do it online, you can use e-cheques.