Best Online Casinos That Payout
Playing for real money at the best online casinos that payout means that you’ll score real wins, and you’ll eventually want to get your hands on them. Although depositing is very straightforward, many players have questions about the steps on when to withdraw money, especially when bonuses are involved!
Considering Playthrough Requirements
One of the biggest drawcards at online casinos are the huge bonuses operators offer new and returning players. But there are different types of rewards available, and this can often lead to confusion, misunderstandings, and unnecessary stress if you don’t understand exactly what each one offers and requires.
Almost all bonuses have playthrough requirements that you’ll need to meet before you can make a withdrawal. These playthrough or wagering requirements indicate how many times you need to bet your deposit, bonus amount or deposit and bonus amount before you can cash your winnings out. Playthrough requirements are indicated by the times symbol. Thus, 20x means that if your bonus was $10, you must bet $200 to meet the requirement.
Trying to withdraw winnings before you’ve met playthrough requirements means you’ll lose the extra money, so make reading the Terms & Conditions a priority. The best online casinos that payout will have everything outlined very clearly in the fine print for the deal.
Not All Bonuses Can Be Withdrawn
Casinos learned very quickly that they had to add Terms & Conditions to their offers because they were losing money hand over fist as players took advantage of the free cash they were being given. You’ll see that certain bonuses are not cashable at all, although they still offer players a little something extra!
Sometimes you’ll be able to keep the winnings made from the money awarded as part of the bonus, sometimes you’ll be able to keep the winnings and the bonus money. The first group is called Sticky Bonuses and some of the best online casinos that payout use them.
Sticky Bonuses get removed from your account when you try to withdraw them, making reading the Terms & Conditions every player’s No. 1 rule!
Understanding Negative Carryover
Some casinos have a No Negative Carry Over policy when it comes to long-term or loyalty cashback bonuses, while others allow for it. What this means is that if a bonus has no negative carryover terms, what happened the month prior is irrelevant. For example if a player loses $1000 in 1 month but only $500 the next, the Negative Carryover will not affect their new balance and they’ll still be eligible for their cashback bonus.
However, if the cashback bonus has a Negative Carryover, then the player won’t meet the terms if their losses are less than the required amount carried over.
How to Make a Withdrawal
Although withdrawal details will vary from site to site, they’ll all follow the same general rule.
You’ll need to log into your account and then head to the Banking, Cashier, Wallet, or equivalent page. There you’ll choose the Withdrawal option and choose a payment method. Fill out the required information and remember that most of the best online casinos that payout prefer that you use the same method for withdrawing and depositing money. Enter how much you’d like to withdraw, confirm, and wait for the process to be completed.
The waiting time will vary from method to method and site to site, but usually everything will be resolved in between 2 and 3 business days. Credit and debit cards generally take between 3 and 6 days to clear in your account, ewallets roughly 24 to 48 hours, and bank transfers between 5 and 8 business days.
You’ll have to bear any withdrawal limits the best online casinos that payout have in place, take into account any time limits imposed on cashing in, and comply with all the security checks the operator has implemented.