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Withdrawing your winnings from an online casino is easy once you understand the steps.

Different online casino withdrawal methods come with varying processing times, but you’ll be pleased to know that there are plenty of fast withdrawal casinos that process your withdrawal requests swiftly. Always check for withdrawal restrictions, including wagering requirements and ID checks, to avoid delays and disappointment.

Key Beats

  • Withdrawing winnings from an online casino can take from as little as one hour for e-wallets and cryptocurrencies, all the way up to two weeks for checks by mail.
  • Always verify your account before making a withdrawal request, as this will speed up the withdrawal process. 
  • Deposit with the method you’re looking to ultimately withdraw to, as some online casinos require you to have used the payment method before requesting a withdrawal.

How to Withdraw Winnings from an Online Casino

You’ll be pleased to know that withdrawing winnings from an online casino of your choice is a simple process, provided you’ve verified your account and selected the correct withdrawal method.

The process may vary slightly, depending on the casino and your chosen payment method, but the core steps are usually the same. Below, we’ll take you through a step-by-step process on how to withdraw winnings from an online casino.

  1. Make sure your account is verified

    Before you can withdraw your winnings, most online casinos will ask you to complete an identity check, often referred to as a KYC (Know Your Customer) check. This typically involves uploading a photo ID (such as a driver’s license or passport), proof of address, and occasionally your payment method. It’s a one-time process for most players.

  2. Check you’ve met any wagering requirements

    If you have claimed a bonus, you’ll need to meet its wagering requirements before you can cash out. For example, a 10x wagering requirement, on a $50 bonus, means you must wager $500 before you can withdraw any bonus winnings. If you attempt to withdraw too early, your request may be blocked or your bonus may be voided.

  3. Head to the cashier or withdrawal section

    Log in to your online casino account and navigate to either the Cashier, Banking, or Withdraw section. Your current balance should be visible, along with the various cash-out options.

  4. Choose your withdrawal method

    Select your preferred withdrawal method. Some casinos require you to use the same method you used to make your deposit (especially for card payments), but others will give you more flexibility. We’ll cover the pros and cons of each method in the next section.

  5. Enter the amount and confirm

    Input how much you’d like to withdraw. Be aware of any minimum withdrawal limits (often around $10–$20) and double-check for any potential fees. Then hit confirm.

  6. Wait for processing and approval

    The casino may take a few hours or days to approve your withdrawal request. During this time, it may still be listed as ‘pending’. Once approved, your funds will be released via your selected method.

  7. Receive your funds

    Once processed, your winnings will arrive in your e-wallet, bank account, or crypto wallet, depending on the method you chose. Some withdrawals are processed instantly; others may take a few business days.

How Long Do Withdrawals from an Online Casino Take?

Online casino payout times can vary depending on the casino, the withdrawal method, and whether your account is fully verified. Some withdrawals are processed within minutes; others may take several business days.

Chart showing online casino withdrawal times for e-wallets, bank cards, and checks

Here’s a breakdown on the most popular online casino withdrawal methods, including their typical processing times and what you need to know.

Are There Restrictions in Place for Withdrawals?

The right of withdrawal is a fundamental requirement of every legitimate regulated casino. Players must be allowed to withdraw without restriction, except as necessary to comply with any General Regulatory Obligations.

It’s important to distinguish between deposit balance and bonus balance; the latter is (usually) subject to much more stringent terms and conditions. Most online casinos have withdrawal rules in place to protect against fraud, bonus abuse, and identity theft. The good news? Once you understand the rules, you can work with them – not against them.

It’s for everyone’s safety. Here are some of the most common online casino cash-out rules to watch out for:

Wagering Requirements on Bonuses

With some casino bonuses, you’ll be required to wager the bonus funds a certain number of times before a withdrawal can be made to your chosen online casino withdrawal method. For example, a 30x wagering requirement on a $20 bonus means you’ll need to wager $600 before you can withdraw. If you don’t meet the wagering requirements, then you won’t be able to withdraw any potential funds from your online casino account.

Pending KYC or Account Verification

Online casinos are required by law to verify your identity. If you haven’t submitted the necessary documents (ID, proof of address, payment method), your withdrawal request may be delayed or denied. If you’re not verified with your chosen online casino, then the operator can refuse to payout your winnings, which isn’t something you’ll want to experience at any point when gambling.

Minimum and Maximum Withdrawal Limits

Operators should not impose a maximum limit on how much you can withdraw from your deposit balance and winnings, especially in licensed markets like the UK. Regulators have stated that players must be allowed to withdraw their full balance at any time, without artificial caps.

That said, some offshore casinos, especially those serving the US, may still impose maximum daily, weekly, or monthly withdrawal limits. If you’re using a US-facing site, check the terms carefully and avoid casinos that put unfair limits on your access to your own money.

Payment Method Restrictions

Many casinos require you to withdraw using the same method you used to deposit, especially for card payments. Some methods (like certain credit cards) might not support withdrawals at all, so make sure your preferred option works both ways.

Account or Country Restrictions

Certain withdrawal methods might not be available in your region. The most reputable online casinos have you covered with a range of withdrawal methods, but some might be location-specific. You may also be restricted from cashing out due to local gambling laws, so it’s well worth looking into that before you start gambling with your chosen online casino.

Expert Tips for Stress-Free Withdrawals

There’s not much more satisfying in gambling than seeing an online blackjack dealer bust their hand, which means a winning bet for the bettor. Withdrawing your winnings from an online casino should feel as satisfying, though, and below, you’ll find our top tips for stress-free withdrawals from an online casino site.

🔎 Get verified before you win big: Don’t wait until you’ve hit the jackpot to start uploading ID documents. Complete your casino’s KYC checks as soon as you sign up. Make sure you’re all set when it’s time to cash out.

🔎 Read the bonus terms: Always check the fine print before claiming a welcome bonus or promotion. Wagering requirements, max cashouts, and eligible games can all affect your ability to withdraw winnings linked to bonuses.

🔎 Stick to one withdrawal method: Where possible, deposit and withdraw using the same method. It makes verification easier and can speed up processing times – especially with debit cards and e-wallets.

🔎 Avoid small withdrawals: Most casinos allow small withdrawals, but making multiple withdrawals may trigger processing fees. Try to withdraw in reasonable amounts; be aware of any charges listed in the cashier section.

🔎 Use regulated casinos: Withdrawals are much smoother (and safer) when you stick to licensed and well-reviewed online casinos. Avoid offshore or unregulated sites that may delay or restrict access to your winnings.

Conclusion

It should be a relatively straightforward and stress-free process to withdraw your winnings from an online casino. The best online casinos in the industry have a user interface that clearly labels everything you need to know when it comes to making a withdrawal to your chosen withdrawal method. If the online casino you’re using doesn’t have that, then it’s well worth looking into an alternative casino site to use for gambling.

You should always verify your identity with your chosen online casino at the earliest opportunity, as otherwise, you risk having problems when trying to withdraw your winnings. From verifying your identity and meeting bonus requirements to selecting the best payment method, everything should flow seamlessly once you have all the necessary details in place. Always remember to read the terms and conditions attached to your chosen operator, make sure they’re licensed and regulated, and gamble responsibly, and with funds you can afford to lose.

FAQs

Do you have to pay taxes on online casino winnings?

In the US, you’re required to pay taxes on online casino winnings, as they’re considered taxable income. You’re required to report them to the IRS. Additionally, some casinos may issue a W-2G form for winnings exceeding a certain threshold.

How do online casinos pay you?

You can get paid your winnings from an online casino in plenty of different ways. You can use e-wallets, debit cards, bank transfers, and cryptocurrency to receive your winnings. Once the withdrawal request has been approved, you’ll receive your funds within the typical timeframe for your chosen withdrawal method.

How long does it take to get your money from an online casino?

Online casino withdrawals depend on the method being used. E-wallets and cryptocurrencies can be processed instantly or within the same day. Debit cards and bank transfers typically take 2–5 business days to process.

What is the safest way to withdraw from an online casino?

The safest methods include regulated e-wallets (such as PayPal) or direct bank transfers from licensed online casinos. Always choose secure platforms with a strong reputation and a valid gaming license.

What are the most common online casino withdrawal methods?

The most popular withdrawal methods include PayPal, Skrill, Neteller, debit cards, ACH bank transfers, and cryptocurrency wallets, such as Bitcoin. Some casinos also offer paper checks.

What is the fastest way to withdraw from an online casino?

E-wallets and cryptocurrency are usually the fastest, often processing within minutes to 24 hours after approval. Please ensure your account is verified to avoid any delays.

Can you cash out at an online casino?

Yes, if you’re playing at a reputable site, you can withdraw real money whenever you’re ready, assuming you’ve met any bonus requirements and completed the ID verification process.

Do online casinos pay out real money?

Absolutely. Licensed online casinos pay out real money winnings, whether it’s from regular play or a bonus. Just make sure you’re playing at a legitimate operator.

Can an online casino refuse to payout?

Online casinos can refuse to payout your winnings if they believe you’re breaking any rules on their site, which can include fraudulent activity. You’ll need to have a fully verified account to withdraw any winnings from an online casino.

Paul Cullen
Paul Cullen

Paul started his career in newspaper journalism before exploring the emerging world of online gaming in 1998, joining Intertops in Antigua - the pioneering force behind the first online sportsbook. Since then,...