Deposits, Withdrawals and Winnings

Deposits, Withdrawals and WinningsWhen choosing in which online casino to play, one of the key factors to check is the payout speed. As we can all agree, there is nothing more aggravating and frustrating than winning and having to wait forever to receive our winnings! Fastest payout is one of the nicest qualities the casino can offer, having no uncertainties of when you will see your winnings hit your account is so reassuring when playing online.

Do I need to pay taxes on my online gambling winnings for every casino at play at regardless of their jurisdiction?

This issue doesn’t depend on the licensing jurisdiction, but on the laws in your country of residence. Check any relevant taxation laws about online gambling before signing up at an online casino.

Is my personal information and billing information safe?

Every online casino is required by its licensing jurisdiction to protect its players from theft of sensitive data, and those that do usually display this information in their privacy policy or somewhere at the home page. The standard protection methods are SSL encryption technologies. Online casinos go the extra mile in ensuring the confidence of its players by subjecting its services to regular audits performed by internationally recognized testing organizations.

How do I make a deposit to my casino account?

Credit cards, e-wallets, prepaid cards, bank transfers, and wire transfers are just some of the standard methods of depositing. It’s enough to own a Visa card and you are all set. Other popular services are PayPal, Skrill, Neteller, Ukash, Ecocard etc. In general you need to access your casino account, find the ‘deposit’ or ‘cashier’ section, choose your desired method and just proceed with the instructions. Some online casinos place a ‘Deposit’ button on their home page as a shortcut.

How long does it take to process my deposit?

In general, deposits are processed instantly. This means that your money will appear in your account immediately no matter what method you’ve used.

How do I cash out my casino winnings?

Cashing out is performed using the same method as for depositing by default, provided that the method supports cashing out too.

How long does it take to receive my winnings?

This depends on the method. E-wallet cash outs take up to few hours and are usually received the same day, while credit card cash outs or bank transfers might take up to 5 days.

Will the casinos charge processing fees when I make withdrawals?

That depends on the casino. Some online casinos impose fees even for deposits, while some decide to cover the expenses for their players. However, your bank might have fees.

Are there any limits to how much I can withdraw, even if I win a big jackpot?

Every online casino has its own withdrawal policy with which progressive jackpots are covered. Usually there is a maximum weekly withdrawal limit, while some casinos employ a policy with which your withdrawal limit might be tied to your total deposits amount, which means the withdrawal limit will depend on how much you have deposited.

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