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How Well Do Online Casinos Pay Out in 2023?

There are thousands of online casinos on the Internet. You can find it on XoSlot. Most of them carry out their duties honestly and pay out regularly. Of course, the initial task of any gambler is to find a casino, where payments are made regularly, without long delays and references to unpredicted circumstances. Before you start, you should know all the terms and conditions, which differ from casino to casino. And, of course, you always need to be prepared for certain checks that can be carried out by the owners of a gambling site. So, be aware of the best withdrawal online casinos. Click here to find out which casinos provide instant withdrawals.

What do online casinos pay for?

Source: casinopapa.co.uk

Most of the players come to the casino, first of all, for emotions, and only then – for the opportunity to win. There is nothing more enjoyable than spending a few hours playing the game, and in the end, you will also get a solid increase in your budget. However, do not forget that paying out winnings is not the only way to get money from the casino. Almost every online casino has various affiliate programs that provide an opportunity to invite other people to the casino and receive a certain percentage of the profits.

You should also be aware that almost all casinos have so-called loyalty programs. The principle of their work is extremely simple: by actively participating in games, a gambler receives points to his/her account, which can later be exchanged for real money.

In addition, many online casinos host different events and tournaments that allow players to participate and win prizes. In addition to regular winnings, the user has a chance to receive additional cash prizes, which depend on his place in a particular tournament.

Withdrawal methods

Source: onlinecasinolc.com

That is where the main question takes place. In fact, there is a hidden tip of how to define the safe casino: the more withdrawal methods there are in a casino, the more reliable, better quality and safer it is. Of course, this principle does not always work, however, in most cases it has a place to be. Modern online casinos provide many withdrawal methods, let’s have a look at some of them:

  • Neteller – one of the most popular e-wallets, very convenient withdrawal and deposit of funds. It’s one of the first payment methods to make money transactions on the internet, and mainly used in the international online casino world. The amount of players who use Neteller is still growing day by day. Moreover, it is possible to order a plastic card.
  • Skrill Like Neteller, it is a fairly popular and convenient system. Skrill is most suitable for the gambling industry, since when you deposit through this system, it is possible to get additional bonuses to players (usually a certain number of free spins). It is also possible to order a plastic card.
  • Payments to a card (Visa, Mastercard, Maestro). Transferring money directly to a bank card is usually fraught with an additional commission, but sometimes it is much more convenient than messing around with other payment systems.
  • Paysafecard is a secure online payment system, which does not require entering any personal information. If you want to play pokies, and don’t feel comfortable filling up your financial details, we recommend you to try pre-paid options.

There are other payment systems that you can withdraw money to, but these are the most convenient, fastest and safest for casino payouts.

How much do online casinos pay?

Source: houseoffish.org

First of all, when choosing a casino, you should pay attention to the minimum and maximum withdrawal limits. You should familiarize yourself with the maximum amount a casino can pay per month. The larger the amount, the better, the higher the degree of trust in such casinos. The withdrawal method for especially large winnings is usually agreed with the casino administration, and is made according to special limits that differ from the standard ones. A striking example is the case of the high roller, who bet 400 euros per spin. In 2018, he put a little less than a million euros on withdrawal, and this money is regularly paid to him.

Standard withdrawal rules.

Source: cloudsigma.com

Many players, who come to the casino for the first time, are frightened by some of the rules that must be followed to withdraw funds. Some players do not understand the principle of the legal operation of a casino, therefore they are afraid to transfer document photos, indicate their place of birth, address of residence, and so on. It should be understood that the identification procedure allows avoiding many problems in the future, both for players and for casinos. Therefore, there is no point of being afraid that personal data will be transferred to third parties.

Do not forget about the wagering requirements, which do not allow you to withdraw funds until the bonus is wagered. For example, by making a deposit of 20 euros with a 100% bonus, the player will receive 40 euros in his account. However, you cannot withdraw them right away, first you need to “play” the bonus funds. How much you will need to wager the bonus depends on the rules of a specific casino. If it is x40, then you will need to make bets for an amount that exceeds the amount of bonus funds 40 times. The example above would be 800 euros. Only after the bonus has been wagered it would be possible to withdraw this money. The size of the wager depends on the casino, the amount of the deposit, the player’s VIP status, and many other factors.

Conclusion

Speaking about the timing of payments, we should consider that the speed of receiving a win depends on the selected withdrawal method. Most casinos transfer money instantly to e-wallets, however, making a withdrawal to bank cards, you’ll need to wait up to 7 business days. No one will ever be able to give a 100% guarantee of winning. Playing in a casino is about luck. All you can do to protect your money is to register an account at only trusted online casinos that regularly pay money to their users, do not freeze large amounts, and provide high-quality customer support.

Written by Philip Goguen

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