UK Casino Bonus Withdrawal Tips
Playing for real money at an online casino means you can win real money at times. And once you win something, you'll no doubt want to withdraw your winnings and make use of them. While depositing cash is often a simple process, sometimes players have questions about drawing out their bonuses.
Taking out real cash from an online casino will often involve several steps. So it's understandable for new UK players to get a little confused. To that end, we've put together these bonus withdrawal tips to help you cash out quicker at your favorite gambling site.
How to Withdraw Your Bonus
It's quite easy to take out your casino winnings. To a large extent, the process depends on your online casino and payment method. But there are several steps involved in the process as mentioned before, no matter which payment method you choose.
First of all, you need to log into your account and locate the cashier section. This should be easy to find since you already used it when you made your first deposit. There, you'll see the deposit options provided by the casino and other important information like the fees and processing time. Then you should choose the withdrawal method in order to cash out your bonus.
If you're wondering which cash-out option is right for you, it's generally recommended that you go for an option which you already use and swear by. This way, you'll have the assurance that your critical information is safe and secure.
After choosing a withdrawal method, the last step of the cash out process is to enter the relevant information like personal or financial details. However, you should note that this requirement strictly depends on your chosen cash out solution. Some options do require that you enter your financial details while others don't.
In addition, keep in mind that different payment methods have different limits as to the minimum and maximum amounts you can cash out. The same case applies to the processing time since it solely depends on the payment provider's policy. All in all, the entire process is really easy and straightforward. You should have no trouble cashing out your bonus.
Bonus Withdrawal Restrictions
Each online casino has its own regulations when it comes to bonus cash-out. Be sure to read through their terms and conditions first. Here are the most common limits placed on withdrawals by online gambling operators.
Wagering requirements:This is the number of times you must play through your bonus before you can cash out your winnings. Let's use a £100 offer and a 30X wagering requirement as an example. In this case, you'll have to wager £3,000, i.e 30X100, before cashing out winnings made from the offer. Certain casinos also require players to play through their deposits. In the above case, the wagering requirement will be (£100+£00)X30, so £6,000.
Withdrawal limits : Sort of self-explanatory, some online casinos limit how much you can cash out over a given period of time. They usually limit how much you can cash out per day, per week, or per month. Naturally, VIP members enjoy higher limits.
Amount limits : This is the amount of money you can take out at once. Some casinos will let you make one huge withdrawal in certain situations, like after having a big win. But payment options themselves might only accept a certain amount in a specific period of time like per day or week, so it's vital to consider this to avoid frustration.
Time limits: This is how many times you can make withdrawals. You are limited to cashing out a specific number of times in a specific period of time.
Security checks: All regulated and licensed casinos are duty-bound to perform security checks on existing and new players. This helps ensure that the player is of the right legal age for gambling and also verifies that the payment method they're using belongs to them.