Has Anyone Really Withdrawal On Online Casino

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Online casinos take money off players as soon as they make a deposit – the whole thing is instantaneous with no delay. It’s our belief that casinos should pay winning players as quickly as they take money off them in the first place.

Sadly, this is a view that many online casinos don’t share with us because they add an unnecessary “Pending Period” to withdrawals, resulting in payouts taking around a week. A whole week just to pay you the winnings you’re entitled to – it’s completely unacceptable.

Just take a look at these screen shots from just two casinos that apply this annoying and unnecessary pending period to their withdrawals:

A pending period of 4 days (at some casinos it’s even longer) is not uncommon at all, in fact, there are more casinos with this stupid policy than there are without it.

What’s worse is that during the pending period, you can cancel your withdrawal at any time, at which point your “withdrawal” goes back into your account and you can continue playing with the money and that’s exactly what the casinos want you to do. They want you to put the money back into your account so that you can then lose it – meaning they never have to actually pay you.

When a winning player makes a withdrawal, the casino has two choices:

A: Pay the player straight away.

B: Hold the money for 4 days in the hope that the player gets impatient or greedy, puts the money back into their account and loses, resulting in never having to process the withdrawal.

Many casinos choose option B and as far as we’re concerned, it’s a rip off and it’s unacceptable. If you challenge the casinos about this pending period (which we have), they talk about needing 4 days to check bonus wagering or some claim it’s because of their software provider holding deposited funds before passing them on to the casino – basically a cash flow issue.

Has Anyone Really Withdrawal On Online Casinos

We think that these are just excuses – nothing more. Every casino that we recommend on this website such as Betfair and Bet365 pay winning players in less than 24 hours. There’s no pending period, no messing around, just fast payments.

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The casinos we recommend have proved that it’s humanly possible to pay out in less than 24 hours because they actually do it. The other casinos could get rid of this pending period nonsense if they really wanted to, they just don’t want to.

Our advice would be to bin off any casino that doesn’t pay out within 24 hours. Why play at a casino that takes a week to pay out (and wants you to put the money back into your account and lose) when you can just play at a casino that pays out within 24 hours with no fuss?

With 10p – £200,000 roulette table limits and withdrawal times that are less than 24 hours, Royal Panda are our favourite online casino. They always pay out straight away with no problems. Play at Royal Panda

A reader sent me an e-mail last week asking about the maximum withdrawals at gambling sites. This got me to thinking that it’s time to talk about getting your money. Winning a bunch of money at an online casino is fun, but it’s even more fun to withdraw that money.

All online casinos have maximum weekly or monthly withdrawal limits. Some sites limit you to a few thousand dollars a week while others will let you withdraw $100,000 or more at a time. It might seem a little shady to have maximum withdrawals at online gambling sites, but there are actually valid reasons for this.

USA Casinos and Maximum Withdrawals

Online casinos that serve the United States have to jump through a few hoops to process withdrawals for customers in the United States. Thanks to the UIGEA, the US banking system makes it difficult for online casinos to process large withdrawals.

Additionally, I suspect that online gambling sites like to maintain liquidity in the uncertain US market. Rather than paying out a bunch of money at once, most sites would rather pay you in weekly installments.

Let’s look at Lucky Red Casino for an example. The maximum weekly withdrawal at Lucky Red Casino is $4,000 per week. This means that if you win a $20,000 jackpot, you’ll be paid in five installments of $4,000 each over a course of five weeks. It would be nice to get that money all at once, but I personally wouldn’t mind getting $16,000 a month after a big casino win.

The one exception at Lucky Red Casino occurs if you win a progressive jackpot game. Progressive jackpots at Lucky Red Casino can sometimes reach six or seven figures. If you win a jackpot that big, Lucky Red Casino will pay your winnings all at once. That way, you don’t have to spend two years getting $16,000 a month. You’ll get the progressive jackpot payment in one lump sum.

The point is, it pays to be aware of withdrawal limits at online casinos. You can find explanations of these limits by visiting the website of any casino and looking for the “banking” page or terms and conditions page. This also shows the importance of choosing reputable casinos. You do not want to play at some shady casino and hope they remember to pay your winnings every week.

International Casinos and Maximum Withdrawals

International casinos are not faced with the same challenges as USA casinos. For example, UK based gambling sites can process large withdrawals by using normal wire transfers, ACH transfers and payments to e-wallets. These real money gambling sites can process massive withdrawals without any problems.

Bet365, for example, can process withdrawals as large as $99,999 at a time depending on which withdrawal method you use. Even better: Bet365 does not impose weekly limits on how much you can withdraw. This is a big help for anyone lucky enough to win a big jackpot.

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Has Anyone Really Withdrawal On Online Casino Without

William Hill goes even further with its withdrawal limits. At that gambling site, you can withdraw up to $2,000,000 at a time. If you win a jackpot bigger than that, William Hill will send you $100,000 a month until the balance is paid. Not a bad deal at all.

Once again, it pays to be aware of the withdrawal limits of any gambling site before you sign up. You will be safe if you stick with big-name brands such as those mentioned here. Both of these companies are located in the UK and are licensed by the UK Gambling Commission.

I’m not going to promise you that you’ll win a big jackpot that next time you play, but it’s nice to have the backing of a reputable company behind you just in case. Stick with big-name, reputable casinos and you’ll get your winnings with no BS.