When it comes to online casinos, one red flag that haunts every player is delayed payment. No matter whether it's a newbie or a high-stakes player, everyone hates delayed payments.
Suppose after a long rally of attempts, you end up with a win, and after you make a withdrawal request, the game of waiting starts. Sounds annoying, right? While most online casinos take a few days to credit your casino winnings into your bank account, what if you never get them? It's really haunting for players.
So, have you ever wondered why casinos delay payouts? Is it a trick? And what can you actually do about it? Is there a way to escape the loop of waiting? Let's understand.
Common Reasons for Payout Delays
#1 Identity Verification Requirements
We can't call it an issue from the casino's end. When registering at a casino, most players neglect to complete this vital step. In general, the casino will require you to complete a KYC procedure when you are making a withdrawal, particularly if it is a sizable sum. By doing this, the casino is able to prevent money laundering and fraud.
You just have to submit your personal details, like a government-issued ID, and a couple of other documents, and the process will take a few hours. If you fail to complete the KYC process or the casino rejects your documents, you may face delays in payment. That’s a bit frustrating, as you want to play blackjack online or any other game, but you are unsure whether you will get your winnings or not. That will spoil your complete experience. So, always complete KYC and then play games.
#2 Payment Method Processing Times
If you are making a bank transfer request and you are expecting to get your funds credited within 30 minutes, that's not happening anyway. Your payment speed depends on the method you choose. If you are using options like e-wallets like Skrill, Neteller, and so on, your payouts will be faster. However, if you are using debit cards or bank transfers, you may have to wait for 3 to 5 days or even longer. So, although the casino approves your request, the payment partner may introduce an unwanted delay.
#3 Terms and Conditions Violations
If you are breaking any major rules and regulations of a casino, it may not process your withdrawals on time or keep them on hold. The common mistakes that may lead to this include claiming multiple bonuses with the same IP address, creating duplicate accounts, using VPNs to access casinos restricted in your region, and so on. If the casino detects any of these suspicious activities in your account, it will instantly block your payments and other activities.
What You Can Do to Speed Up the Payout Process?
#1 Verify Your Account in Advance
Don't wait for the casino to ask you to complete the KYC process before making withdrawals. Do it when you are registering. Later, it can delay your withdrawal process. So, before you dive into the games, make sure to upload your personal details, including identity proof and more, to the casino.
#2 Use Fast Withdrawal Methods
Don't stick to the so-called traditional banking methods like cards and e-wallets. Go for the modern and fast ones like e-wallets and crypto. They are far faster and safer. So, you won't have to wait for several days to withdraw funds.
#3 Choose Reputable Casinos
When you are playing at a reputable casino, you won't get many delays. These casinos ensure to keep everything on track if everything is clear from your side. They won't cause unnecessary delays. You can check out customer reviews on payouts before choosing a casino.
Conclusion
Delays can be common if you are playing at an unreliable casino. However, as a player, you must be aware enough to submit every document required to make payments. You can play it a bit smarter using the faster payment methods and cutting off the waiting times. So, what’s the wait? Make payments and use our tricks to get them quickly into your account.