Introduction: Casino Withdrawal – Read the Small Print
If you’re new to betting then there’s nothing quite as exciting as making your first deposit and then having your first bet. The next thing to be excited about is when you win the jackpot online and are thinking for the first time about collecting your winnings. Dreaming of how you’re going to spend your newfound wealth is one thing. But when you go to make a casino withdrawal, things may not go as you might have imagined. After all, online casinos and sportsbooks are keen and super helpful when it comes to taking your money, but very reluctant when it comes to paying out and letting you make a casino withdrawal.
If there’s one thing many newbies fail to do when they join their first online casino or sportsbook is to read the Terms and Conditions. It appears that people are in such a hurry that no one reads the small print. To that end, many customers don’t know the process by which they can claim their winnings. There’s an assumption that the customer just needs to make a claim for a casino withdrawal, and the monies will be in their own bank account in an instant. Unfortunately, nothing could be further from the truth.
Sadly, this failure to read the Terms of Service or the Terms and Conditions can only lead to frustration later on. But by then it’s too late and you just have to suck up whatever the casino offers you in the way of a time frame. In this article, we are going to take a deep look into the process of withdrawing money from your online casino account. You’ll see that is not as simple and straightforward as you were led to believe.
The Processing Period for Your Casino Withdrawal
There are as many different ways you can get your money from an online sportsbook or online casino account as there are online casinos and sportsbooks. Unfortunately, none of these methods will work in the same manner. Some of these methods of casino withdrawal will be much faster than others. And some will involve you having to jump through any number of hoops in order to get your hands on your own winnings or simply to take money from your own online casino account. We can vouch for 22Bet Casino. They have a total of 65 withdrawal methods and some of them are instant.
The Misconception About Cryptocurrencies
Most players have been led to believe that they can get their winnings from jackpot games paid into the e-wallets instantly. Though this may happen in some cases, the vast majority of online casinos do not pay out any winnings straight away. A cryptocurrency transfer can take anywhere from a few seconds to up to a few days. There are many factors at play in deciding the time taken for the transfer and many of them are out of the control of the online casino or the customer.
All you can do is be patient, order your casino withdrawal, and wait for your money, whilst keeping an eye on your e-wallet. When it comes to e-wallets, then 22Bet Casino can cash you out in less than 15 minutes. That’s one reason why they are one of our favorite casinos.
Specific Days for Your Casino Withdrawal
Most punters assume that they can make a casino withdrawal from the online account any time they wish to do so. Unfortunately, this is far from the truth. One reason for this way of thinking is because most gamblers rarely win and so have no winnings to claim, and therefore no experience of even making a claim. The reason most customers think that the casino withdrawal can be instant is simply that they have failed to read the Terms and Conditions of the website they are playing on. They forget that by signing up, even at the best casino site to play, they have agreed to the conditions of the account.
Bonuses can Delay Your Casino Withdrawal
If you visit any new casino, one of the first things that will jump out at you is the welcome bonus. For the newbie gambler, this is nothing more than the gift of free money. Unfortunately, they forget the saying that there’s no such thing as a free lunch. Although the bonus looks great on the face of it, in reality, the casino is not in the habit of giving anything for free, as that would be a terrible and very short-lived business model. All welcome bonuses and free spins will come with wagering requirements. Yes, if you’re careful you can find valid bonuses, and playing them will increase your jackpot winning chances.
Essentially these are the hoops that you will need to jump through in order to secure the bonus before playing it. Often you will be required to play a certain number of times the bonus amount before you can get your hands on it. And until you meet the wagering requirements all winnings will be locked. We suggest that you check the wagering requirements before accepting any welcome bonuses, as with some, it may not be worth your while in playing them.
Conclusion: Withdrawing at the Online Casino
You’re not alone if you’re shocked at how difficult it is to claim either your winnings or your deposit from the online casino via a casino withdrawal. That’s because you’re equally not alone in failing to read the Terms and Conditions of the website when you signed up. It’s a little disheartening to discover just how many people are willing to sign an online contract without looking at the small print. As it’s your own hard-earned cash you’ll be depositing online, then please take the time and make the effort to ensure that your funds are usable and reclaimable when you want to make a casino withdrawal.
Keep in mind that the casino is a business and their business is to make money not to give money away. That’s why the Terms and Conditions exist. Obviously, as a consumer, you have rights and the online casino or sportsbook knows this. But it also appears that most customers are ignorant of what those rights are. So no matter how large the welcome bonus is, or how many free spins are on offer, please read the Terms and Conditions completely. As we mentioned, you may well discover that the bonus might not be worth your while when you consider the wagering requirements. As they say, don’t judge a book by its cover.