Can I cash out my winnings from online casinos using PayPal? If yes, then why isn't PayPal listed as an option for making payments to online casinos? Online gambling has become very popular over the last decade. There are hundreds of thousands of websites offering players the chance to play online casino games such as bingo, roulette, slots, poker, scratch cards, blackjack, craps, video pokers and keno. You don’t have to go through any hoops or pay high fees to withdraw your winnings from your favourite online casino. All the major credit card companies (Visa, Mastercard, AMEX, etc.) offer support for online gambling transactions. this article will give you the payment options that are used in online Pokies casinos.
VISA:
The most popular way to purchase to withdraw winnings is with a VISA card. To start playing on one of these sites just click on its name and scroll down until you see “make deposits/withdrawals." Now select "Deposit funds" and follow the prompts to add money to your account. Your selected amount should be added instantly and you can now continue with play. Note that some sites limit access via Visa cards which means you may not be able to sign up.
MASTERCARD:
Withdrawals made via MasterCard works similarly to VISA; however, it's more expensive to use so if you're only required to do this occasionally then maybe consider skipping the fee. Again, some sites may restrict this method.
AMERICAN EXPRESS:
This is another great choice for those who plan to deposit frequently and want the widest range of currencies available. You can choose from CAD, USD, AUD, GBP, EUR. All of these methods work similarly, but when withdrawing funds, you need to wait 24 hours before the transaction goes through. American Express cards also charge between 3% - 6% per transaction. Make sure you check exactly how much each method charges before signing up.
PAYPAL & NETELLER :
These two methods aren't often seen in online casinos, but they are still quite acceptable ways of receiving payments. Paypal charges about 5% of every withdrawal and Neteller (formerly known as EZB), 2%. Both services allow withdrawals within 24 hours, so there shouldn't be too many problems if you want to get your hands on your winnings as soon as possible.
CHECKS:
Checks are usually the cheapest way of transferring money to online casinos. They're free, easy to transfer into, but require up to 7 days before any funds arrive at the site and they can take longer than other types of transfers during busy times. Some people who receive cheques prefer them because their security records are kept separately from regular bank accounts, and therefore are less vulnerable to fraud. However, checks carry additional costs, including a $10 fee whenever anyone needs to make changes to your account.
CASHOUTS
Cashouts are relatively quick and easy to arrange. Simply call the casino and ask for the option, or if you wish, email customer service directly to request an immediate payout. If you decide to send cash instead of using the banking features, keep in mind that international transfers cost significantly more than sending money across borders within Australia. It is always advisable to check what the exchange rate is before making that decision. Once again, remember to confirm if the site supports direct bank accounts.
BANK TRANSFERS:
If you'd rather avoid dealing with cash, bank transfers are probably the best option. If you're located overseas, you'll want to find out whether the site accepts Australian Bank Accounts. For example, if you after that, log back into your player zone and follow the instructions. Alternatively, you could also use our recommended sites below.
DEPOSITS:
Deposits are a bit trickier simply because no site will accept bank transfers without the verification details that were mentioned earlier. Therefore, you are going to either need to provide information associated with your nominated credit card/debit card, or a recent utility bill showing your address. In both cases, you'll need to provide identification proof, such as a passport or government-issued ID card, and you'll also need to verify your age. Remember that some sites may block transactions made by minors or unverified identities.
WITHDRAWALS:
After all, this has been done, it's time to withdraw your earnings. At first glance, it seems like a pretty simple process. Just click the 'withdraw' button after entering your login credentials, and you should then see the amount of your total balance and its conversion into your chosen currency. However, it's worth noting that not all games permit withdrawals. Some are only available for deposits while others may have special requirements regarding how quickly you can cash out. Either way, it's important to know what you're doing, especially if you've transferred significant amounts of money outside of the site.
In conclusion, we hope that this article helped you understand the basics of depositing at a gaming site. We would recommend reading through the detailed guides on each section above so that you can find exactly which services suit your needs. No matter which method you choose, though, we hope you have a positive experience!