How to withdraw money from a casino site?
Withdrawing Money from Betting Sites - How to withdraw your winnings?
When you manage to win some good money by playing - it needs to be cashed out. However, contrary to popular belief, money withdrawal is often the most difficult task, especially if you online game Are new in the world. Based on our personal experience and expert knowledge, we can tell you that most players face a lot of problems when it comes to withdrawing money.
Here, we are going to tell you how to achieve your winning amount correctly from the game operators. Follow this guide and be sure, you will stay a step ahead and will get your money in a short time. E-Wallet, Bank Transfer, Credit Card, IMPS, We have covered all major withdrawal methods here. So, without delay, let's start.
Before withdrawing your funds: Identification and account verification
Despite the unlimited number of online sites available in the market at the moment, there is a 0% chance that you will find a reliable operator that will allow you to withdraw your funds without verifying your account. This is mainly done to keep away any potential fraudsters, it adds an extra layer of protection. Ultimately, casinos want to make sure that they are only sending money to the right account. Some of them also do this to stop the activities of money laundering.
In other words, you will have to verify your account and identity before you can get the money you have won. And it's simple:
Upload / send the government-issued ID document to the operator and they will take care of the rest.
Of course, you need to make sure that all the essentials you have given while creating your account like name, date of birth, match the document you have given. It can take up to 72 hours for operators to verify your account. Once this happens, it becomes an easy journey.
What type of documents are accepted for KYC verification?
For Indian players, the following document is accepted as a part of identity and account verification. Remember that this must be a photo ID:
- pan card
- driving license
- Credit / Debit Cards whose use you do to deposure in your account.
It is better to give your passport copy (front and back page) as it is an internationally recognized identity document. From giving any other id proof Casino Can ask more questions. In case of credit and debit card uploads make sure that the middle eight numbers are blocked as well as the 3 digit CVV code on the back of your card for security purposes.
Similarly, for the proof of the address, the following documents will work:
- Utility bill
- Credit card details
- Bank statement
- ID proof with address
But the address given in the document should be the same on which you registered your account.
ID documents can be uploaded very easily. You need to open your account page and follow the instructions for the account verification / verification ID.
You also need to ensure the following:
- All four sides of the document should be clearly visible in the photo.
- The document must not expire.
- This must be a photo copy of the original document.
- Details need to be clearly visible and must be in color.
- The document should also have the seal of the concerned department.
They also need to upload according to the operator described by the operator: JPEG, PNG, etc.
Be sure to check the operator's page for more details!
Ways of Best Withdrawal For Indian Players
Mentioned below are some of the major withdrawal methods that Indian players can use to achieve their victory.
E-Wallet - Neteller and Skrill
Neteller and Skrill are the two most popular e-wallets in the world. They are easily accessible and are highly convenient to use. Generally, withdrawal is processed immediately and the money will be deposited into your Neteller / Skrill account almost immediately.
Processing fee: No transaction / processing fee is charged - you will get your full winnings in e-wallet.
All you have to do is enter your account ID in which you want to deposit withdrawal money! However, withdrawal of funds from the e-wallet to your account may incur processing fees, and foreign exchange fees. We have covered each of the leading e-wallets individually here.
Master Card and Visa Card
Undoubtedly one of the most popular methods among online players is that MasterCard and Visa work as a vithdraal attraction. Chances are, your details are already stored there if you used the same card to deposit money. It does not matter where you have used a credit card or debit card - you do not face any problem in withdrawing your money directly to your card due to 3D security features, two-factor authentication and versatility. Will have to.
Processing fee: No transaction or processing fee is not taken.
Processing Time: 1-5 days
This is where things get really interesting - some Indian sports betting sites, like 10CRIC, Allow their customers to withdraw money directly to their bank account, although it may take some time for the transaction to be fully processed. There are some operators who do not currently offer wire transfers in India - it all depends on betting. It may also take time to set.
For example, LeoVega does not deposit your winnings into your account if it is with any of the following banks: Axis Bank, HDFC Bank, ICICI Bank, Standard Chartered Bank or Bank of America. It is for this reason that Bank transfer Are highly personal and we at home casinos suggest that you use e-wallets, Visa And Mastercard Like stay connected in popular ways.
Processing feeAt the operators end, zero processing fee however, your bank may impose additional fees.
Processing Time: Up to 5 days
Cryptocurrency (virtual currency)
The popularity of cryptocurrency has increased in a big way in 2018-19, with many major sites beginning to introduce cryptocurrency as another mode of payment. Bitcoin is considered to be the most popular at the moment. Inspired by the principles of impeccable security, online wallet and cryptography, it is one of the safest methods to withdraw your won money, especially if you are particularly knowledgeable about cryptocurrency. You can also see our list of the best casinos that accept cryptocurrency.
However, it is worth noting that due to the highly volatile nature of these currencies, your winning amount may be reduced. For example, if you have received Rs 10,000 in bitcoin from the bookmaker in your wallet, its value can fall or rise at any time, so this should be taken care of.
Pro tips to get your money back
Now that you have learned about the various ways to withdraw your funds, let us consider some important things. The suggestions given below will save you from facing any delays or problems in withdrawal, which you may come across later.
Verify Your Account
We discussed it a lot in the beginning of the article and we are repeating it again. Remember that you will not be able to withdraw with withdrawal unless you have verified your account, and do not submit the required documents while completing your KYC formality.
Understand minimum and maximum limits
Depending on the mode you choose, most bookies have a withdrawal limit. For bank transfers and cards, the minimum withdrawal rate may be slightly lower than in e-wallets. In our experience, it can be between 400 and 1,000 rupees. So, before requesting for withdrawal, make sure to check these things out!
If you are playing with welcome bonus, free bet or any free offer offered by the operator, then you have to take care of what are known as Wagering requirements. These essentially, the terms and conditions determine how to win back their winnings by wagering "for free". After all, the bookies don't want to give the bonus back to their customers directly in their account - they want players to play the game before those money. These requirements are simply based on these things.
Generally, before you can apply for withdrawal, you have to put your bonus and initial deposits at 35 times stake. More information on this can be found on the site of operators.
To cancel your withdrawal
It is also possible to cancel your withdrawal request after requesting for withdrawal. Some operators allow you to go to your account setting manually, while in some casinos you have to the support team and have to say to stop them.
We hope that after reading our detailed guide, you will now be able to easily withdraw your money into your bank account without any interruption. If your Account verification It is very simple, but it is very important that you understand these things very well. So, live without any hassle and comfort.