Congratulations! You’ve won some money in a casino. That’s the hard part out of the picture. Now, it is time to focus on how to move those funds from your casino account balance to your bank account.
Although in recent years, casino apps that pay real money have made it very easy to withdraw your winnings, offering plenty of different options, including cryptocurrencies, there are some things to consider.
Generally, when you are moving your winnings to your bank account, you should worry about three things: safety, speed, and fees. So, you’d want to transfer your money without any safety issues, as fast as possible, and at the lowest fees, just to avoid those fees eating a larger portion of your profits.
Additionally, you need to consider the amount of money you are willing to withdraw. Depending on your withdrawal method, in most cases, it is unreasonable to withdraw anything below $70, since bank fees will eat up most of your profits.
So, how to withdraw your casino winnings the right way? Let’s find out.
Verify Your Account
The first step is the check whether your casino account is verified. In most cases, casinos won’t even allow you to deposit money without verifying your account (submitting ID), but some casinos do it when you are trying to withdraw money.
Every licensed casino needs to fulfill Know Your Customer (KYC) requirements, just to prevent fraud and money laundering. This is why verifying your account with your government-issued ID or proof of address is really important.
This process can sometimes take a few days, and you cannot take out any winnings unless you are verified.
So, go into your account settings and check whether your account is already verified.
Verification’s a pain, but it’s the gatekeeper to your cash, ensuring your winnings don’t get stuck in limbo.
Clear Bonus Wagering Requirements
That shiny bonus you snagged?! It’s not free money—yet. Most casino apps tie bonuses to wagering requirements, meaning you must bet the bonus amount (or deposit plus bonus) a set number of times, often 20x to 40x, before withdrawing.
For example, a $100 bonus with a 30x requirement means betting $3,000 before cashing out. In 2025, 80% of apps enforce these rules, and some games, like slots, count 100% toward requirements, while blackjack might count only 10%.
Check the terms—some bonuses lock your deposit too, though UK-regulated apps must let you withdraw your deposit anytime.
Clearing wagering requirements unlocks your bonus winnings, but miss the terms, and you’re spinning wheels instead of cashing checks.
Choose the Right Withdrawal Method
Once you’re verified and bonus terms are met, it’s time to pick how to get your money.
Casino apps in 2025 offer options like bank transfers (3-5 days), e-wallets like PayPal or Venmo (1-2 days), debit/credit cards (2-5 days), and crypto like Bitcoin (same-day, if offered).
Bank transfers are secure but slow, often taking 24 hours to process before clearing. E-wallets are faster, with Trustly or Venmo hitting accounts in under 48 hours.
Crypto’s the speed king but needs a secure wallet. Check for fees—some apps charge 1-3% for cards but waive e-wallet fees. Plus, wire transfers to your bank account usually cost anywhere from $20-$30 per transaction, which is why there is no point in withdrawing low amounts.
Navigate Processing Times
Even with the perfect setup, you’ll need to wait for your cash. Most apps process withdrawals in 24-48 hours, but the total time varies by method.
Bank transfers take 3-5 days to clear, while e-wallets like PayPal can land in 1-2 days. Crypto’s often instant post-processing. In 2025, most casino apps list expected times in their cashier section.
Remember, first withdrawals are slower due to KYC checks, so don’t panic if it drags. If it’s been over a week, ping customer support—reputable apps respond within 24 hours.
Knowing processing times sets expectations, so you’re not refreshing your bank app like it’s a slot machine.
Pitfalls to Avoid
Withdrawing sounds simple, but traps await the unwary. Double-check withdrawal limits—some apps cap daily or weekly payouts, like $5,000.
Failing KYC or using mismatched payment methods (e.g., depositing with Visa but withdrawing to PayPal) can freeze funds.
Watch for “pending bonus” rules; trying to cash out before clearing requirements might void your bonus.
Scams are real. Stick to apps with licenses from Malta or New Jersey, not shady pop-ups. The FBI’s 2025 scam warning flags apps that demand extra deposits to “release” winning. Always check user reviews on Trustpilot or forums for payout horror stories. And don’t spam the withdraw button—multiple requests can flag your account.
That’s about it. Now, make sure you go through all of these things and ensure that the withdrawal process goes as smoothly as possible. We all want our money as fast as possible, but sometimes it is better to do it accurately than not claim your winnings at all.
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