Why money payouts take so long time? : The Greatest Convenience!

Why money payouts take so long time? : The Greatest Convenience!

Many players find it not fair that deposits are processed instantly, and withdrawals are delayed for a couple of days. Why? Is that how an online casino trip you up? Of course, none of the online casinos likes giving away “their own” money, and if they get a chance to delay a pay-out, they will use it (except trusted big online casinos).

There are bigger problems that the delay of money payout. As a measure of fraud protection, the big payouts are verified twice:

Has the player won the money or have a collision with other player and was using bonus hunting strategy?

Were this money won fair, or it was just an error in the machine, and the software developer will void this winning?

If the player is who he claims to be?

Is an account is verified, and documents are legal.

The policy of the chosen online casino. For example, Fastpay is sending money instantly and Pokerstars not allowing to create a payout after 48 hours after depositing. 

Country of residence. Some countries are excluded from payouts on Visa or MasterCard. Better to read the http://idealresidentialschool.com/2019/08/28/behaviors-of-hobby-casino-gambling-consumers/ terms and conditions of each online casino before making the first deposit. 

Payment method. Bank cards and bank drafts usual take 3-5 days to process the payout even after an online casino already sends money.

Amount of payout. Usually, each transaction has a limit. Remember that you can create 3-4 cash-out requests (according to the operation limit).

Player asks customers support to block his account until the money is transferred. If support is telling that such block cannot be performed, ask them to create a wagering limit (for example €100). All licensed online casinos should perform such actions as a part of “responsible gambling” procedures.

Fastest payment methods for online casinos

  • Skrill and Neteller are the fastest methods to cash-out your winning. You will receive money instantly after the casino will send it.
  • Crypto money (Bitcoin, Litecoin, Ethereum) are usually sent instantly.
  • Bank cards and bank drafts are the most delayed as it takes additional days (3-5) even after online casino sent the money.
  • Lambert Group
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