The single greatest point of contention between gamblers and casinos is cashing out. What guarantee do you have that a casino will pay you if you win? To be honest, there is no guarantee. Unlike land-based casinos that must strictly abide by the local laws, internet gaming sites are often unregulated or regulated under a weak authority. The number of fraudulent casinos that confiscate player’s winnings without a valid reason is a very real and troubling issue. In fact, a number of these types of casinos can be found in our Thieves section. These casinos are not to be trusted under any circumstances as they have proven to be, as their name says, Internet Thieves.
Like any business, however, there will be good and bad players. In contrast to the Thieves, the majority of casinos do pay out their customers in a timely manner – although some pay much more quickly than others. One of the primary purposes of CasinoPotato is to provide our users with casino reviews so that they can avoid having to test out individual casinos for themselves and getting ripped off in the process.
These days, many casinos require you to either fax or email a copy of your government-issued identification along with a recent (generally within 3 months) utility bill when making a withdrawal. Among reputable casinos, this procedure is enforced to avoid being scammed by fraudulent players. Less reputable casinos, however, will often make the same requirement in order to delay payment to a player. Consequently, to be perfectly assured that submission of documents will not delay or prevent your withdrawal, we recommend submitting your documents before playing to verify that the casino will, in fact, accept your documents as part of their cashout procedure.
Furthermore, please pay careful attention to the terms and conditions if you are playing with a bonus. Casinos almost always attach strict requirements when they offer you a promotion. These requirements usually dictate which games you may play and how much you must wager before cashing out your winnings. Feel free to visit our Promotions page to find more detailed information on this topic.
Finally, a crucial aspect in the withdrawal process is how you will be paid. If you are like most online gamblers, chances are that you deposited with an online wallet. While most casinos will allow you to withdraw to the same wallet, do not automatically assume that you will be able to do so. Even if a particular banking method is displayed on a casino’s website, they may not process withdrawals in your country with that method. In some cases, they may require that your first withdrawal be sent to your bank account. Therefore, to avoid weeks of stress, we recommend that you email the casino before depositing to ensure that you will be able to cash out your winnings via whichever method you intend to use.