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Get Answers to Your Casino Questions | MCM Page 4

Withdraw cash

Withdrawl of your winnings

Go to the ´Cashier´ section of the casino´s lobby. From the Cashier request a withdrawal. The deposit method you choose, determines how your cash will arrive.

Deposited using a credit card? Withdrawals cannot be paid back to a credit card.

But in general: whenever possible your winnings will be sent to you by the method you prefer. Some methods may require you to have an account with them.

How long takes a withdrawl

Casino Withdrawl Times

Casino withdrawals are one of the most important things for players when playing for real money at online casino sites.

Fast paying casinos with all withdrawal methods are a key factor when deciding which online casinos to play at.

The online casinos that can offer payment solutions that work both smoothly and quickly becomes more famous among players.

It should simply not be a problematic affair to withdraw money from a player account quickly. Quick and efficient payouts is always the best.

The usual time to process a withdrawal is 0 – 15 business days. Payouts paid by check⁄cheque are usually sent just twice a month. Of course, this information depends on the casino!

Oh, and also this: in the event that you win over $5,000, special arrangements must be made for cash withdrawals!

Instant Payout Time

For players wanting fast withdrawals when playing at online casinos, it is important to pick the fastest casinos with short pending time and efficient financial systems helping making the cashouts faster. Some casinos have automated system, other casinos use several days and even weeks!

Different withdrawal methods at online casinos

It is always profitable for you as a casino player to read about the website you are going to play at. Not only does this go for the game selection and bonus terms, but also when it comes to the casino´s payment options and withdrawal methods. This can play a big part for example when making your first withdrawal.

Which method should players choose?

In other words: what are the very best payment and withdrawal options for you spesifically. Simply summarized: it is your individual choice that depends on you as a player.

Many players choose several different methods of depositing and cashing out their winnings. However, a tip is to always have safety in mind when choosing a withdrawal method. That way, you can at least be assured that the money is safely and never get lost.

There are a number of serious payment methods to use, which all guarantee safety. Some online casinos have faster payouts than others. To make your choice easier, we explain some of the most used methods in online casino withdrawals today.

  1. Visa and MasterCard: one of the most common withdrawal methods at online casinos today. It is a practical method, as pretty much everyone has a regular credit card from the bank. Besides this, it is perfectly to use the same card for both deposits and withdrawals. Simply make your withdrawal easy using the card´s details. It may take a few working days for the withdrawal amount to be deposited into your bank account.
  2. e-wallet like Skrill/MuchBetter/Neteller/Ecopayz: This type of  is a smooth choice as the money is transferred from the casino site to your virtual wallet.

  3. Trustly/Bank Transfer: is a payment that works with all online players of Sweden, Deutschland and Finland’s largest banks and also the vast majority of Europe’s major banks. The method involves a secure and encrypted connection directly to your own bank where you log in with your regular bank details and sign the transaction. This method also works very well on tablets and on mobile.

  4. We recommend withdrawals to e-wallets. It is the fastest and cheapest. This method works easily for deposit money into an online  casino, but also you can simply withdraw your funds to your bank account.

How to withdraw winnings from an online casino

Withdrawing your winnings is an important part of playing online. But from time to time you want to take the money out of the casino.  Cashing out your winnings is actually very easy. You have to go to the banking section of the casino (Cashier) to choose which method you want your money sent to.

TIP!

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Winnings be reported

Taxation of casino winnings

No! All transactions are strictly confidential.

In other words: winnings are never reported to any government agency or other tax agency.

Players themselves are responsible for making any required reports of winnings or losses to their local taxation jurisdiction.

Advantage of Phone Billing

Pay by Phone

Depositing cash via a phone bill is a whole lot easier than any other method.

No mess about with passwords for e-wallets or bank details.

All you need to do is select the amount you want to transfer and press the button.

How Phone Billing

Can I use Phone Billing

It doesn’t matter if you’re a Pay As You Go - user or you have a contract. Everyone with a mobile phone can make use this payment option. If you are a Pay as You Go-user, you just deposit your credit.

On the other hand, if you are on contract, you pay for deposits in your monthly phone bill. Usually, there is a limit at £10 per transaction, depending on the mobile network operator.

More Faqs about this subject in our list!

UK online gambling

United Kingdom gambling

Online casino players, especially located in United Kingdom, who are concerned about security. But now they can put their doubts aside.

Why? Because they do not need to provide their sensitive financial information to online websites for playing their favorite games.
There is also a second reason why some players are better off: phone banking is also useful when you don´t have access to financial transaction methods. They just need a phone number for registering with the casinos and their payments to the casino will be added in the monthly bill of your phone number.

The PayByPhone method of pay and play is one of the best solutions for the current generation of mobile UK players.

Here are some operators

Untill now? O2, Vodafone, Three, Virgin Mobile, Lebara, Tesco, EE, Boku and BT. Some of the major PayByPhone service providers for casino mobile number deposit method are Boku, PayForIt and Simpler among many other smaller players in the market. You first need to find a PayByPhone casino that is compatible with your mobile phone.

Not all mobile casinos have the PayByPhone feature integrated for your mobile phone. Moreover, if you search for casinos, you may even find a casino that is providing better offers and bonuses when using the PayByPhone method to make payments at the casino.

Use Phone Billing

Pay By Phone Bill

Log in to your casino account using your mobile device;
Look for the banking option on the website. There will be an option that will let you choose to make a deposit;
Click on the ´deposit button´ and you will see a list of payment options. Choose to pay by ´phone bill´;
Click on the amount you have in mind and finish (confirm) the transaction to credit your account.
The funds will be credited later to your phone bill.

Pay By Phone Practical Starting Steps

Risks with Phone Billing

Gamble with Phone Bill deposit

Yes but ... all payments via the web are faced by at least a small risk of fraud (cyber criminal).

Always check regularly to verify your recent transactions. The password or code sent as text on your mobile is an added layer of security because the person having that phone number needs to have that phone with them to actually make deposits and payments at the casino.

Such PayByPhone casinos are completely legal and are regulated by government organizations and any fraud that happens is handled by proper channels.

Update April 2020

The UK Gambling Commission has maintained its decision to ban credit card use for gambling transactions, taking effect today 14 April 2020, meaning that from this day any consumer gambling will not be able to use a credit card as payment. The ban extends to credit card gambling through e-wallets. The Commission said it is an important step forward in protecting about 10 million players who gamble online from harm, about 800,000 United Kingdom players use credit cards to gamble.

The result of this ban: nobody in Great Britain can use a credit card to gamble. This is another milestone and we will continue to look for ways to make gambling safer in Great Britain.

Win cash in tournaments

free tournaments

Yes, you can win real cash or bonus cash. It depends on the the tournament you play. The difference? Bonus cash you have to wager!
Real cash you can withdrawal.

Slot Tournament Information

Tournaments and Tourneys

A slot tournament (or tourney) allows slot players to interact and play with other slot machine enthusiasts. It feels like being live in a casino. The players select a number of slot machine games to participate.

The online casino determines the time frame for the contest and what slot machines are going to be a part of the tournament.

Slot machine tournaments vary from casino to casino.

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