The moment you have won money in an online casino, you naturally want that money to be in your account as quickly as possible.
In general, the processing time takes 1 to 5 days. A fairly large margin, so maybe it is wise to go into this a little deeper. Also, it is important how you will have your money paid out. Because just as there are multiple methods for depositing money, so does pay money.
Take the Minimum Payout Amount into Account
Before you can cash out, there must first be a sufficient balance. Most online casinos use a minimum payout amount, for example, $ 20 or $ 30. If there is less on your gaming account than that set amount, it is not possible to have the money paid out. There is nothing else to do than by playing and hoping that you will exceed the minimum limit.
Casino Handling Time
This administrative processing is also reflected in the processing time of the casino itself. Most casinos can process a withdrawal request within 24 hours. That only means that the online gambling site has processed it and has passed on the amount to the bank or your online wallet. The processing time of your bank or e-wallet will then start.
Bank Processing Time
If you choose to have the money paid out on your own bank account, your bank account must be checked in advance by the casino. Make sure that you do that immediately if you register with a gambling site, then you avoid delays afterwards because they do not yet have the information from you.
It is often a matter of digitally sending your ID, a recent bank statement and an invoice that shows that you live at the specified address (usually an energy invoice). If all that is arranged, the online casino can pass on your payment request to the bank. Depending on the bank you use, the actual payout will take 1 to 3 days.
Processing Time Online Payment Options
If you choose to have your money paid out to an online wallet such as Skrill, Neteller or credit card, the processing time is usually a lot faster. Often you have your money in your account the same day. Please note that you can only do this if your deposited money is also credited via that wallet.