How to Withdraw Money From Online Casinos

February 18, 2020
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Online casinos

When you start playing for real money, after a while, you may want to cash out your winnings to your account. Some players get confused with how to do this and so, we have created a small guideline for doing so. 

Withdrawing Money

Once you win and gather a decent amount of real money that you want to withdraw to your account, there are several steps that you need to follow. The first is to log in into your best online casino in Nigeria account and go to the “Wallet” or analogous called page.

Once you are there, you should have a “Withdrawal” available button that you need to click on to start the process of cashing out. The next step will be to choose your payment method and fill in any additional data if needed. Afterwards, you will need to select the amount that you want to cash out and confirm the withdrawal. 

That is the entire process of withdrawing money from online casinos and it may differ a bit in page names or so. 

Waiting Times

Most payment options will require a couple of days to two weeks in order for money to be processed and sent to your account. The only one where withdrawal may take minutes is bitcoin due to the fact that it is based on blockchain, a decentralized system.

This means that there is no central authority such as a bank that keeps you waiting for your money. Other than that, most transfers will take a couple of business days.

For example, credit and debit cards will take somewhere between three and six business days which can in the worst-case scenario mean that you have to wait ten days in case you withdraw your money on Friday. Bank transfers will typically take a bit longer up to eight days whilst E-Wallets such as PayPal will take less time. 

Withdrawal Restrictions

Every online casino has its own rules regarding withdrawals and you should make sure to read the Terms and conditions as well as contact customer support should you have any additional questions.

The most common restrictions include amount and time limits meaning being limited to a certain number of cashouts in a specific time period as well as to the amount you can withdraw per withdrawal.

Additionally, all online casinos will have security checks during your withdrawals to make sure that your account hasn’t been compromised. 

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