Casino Withdrawal Guide
Finding a casino with safe, secure, and fast payment methods is much more important than you can imagine. Casino payment options can make or break your experience. When you play online you will lose some and win some. Whenever you win, wouldn’t you like to have that money in your hands ASAP?
That’s why you need a casino with fast withdrawal options. Luckily for you, our withdrawal guide for Nigerian players will tell you everything you need to know so you can make the right choice.
How do I make a withdrawal
Making a withdrawal at an online casino isn’t that different than making a deposit. Before you withdraw funds, however, you will need to register and deposit real funds into your account.
- Go to the Cashier/Payment page and select withdrawal.
- Select your preferred payment method and enter the desired amount.
- Confirm the withdrawal and wait for your money to arrive.
How long does it take to get my money
All the different payment methods you can use in live casinos come with different withdrawal times. For example, a bank transfer withdrawal can take up to a week depending on the casino.
Credit and debit cards are faster and e-wallets and cryptocurrencies are by far the fastest withdrawal options. Of course, the times are affected by the timeframe in which the casino processed payments.
If it’s your first withdrawal, the timeframe can be delayed due to verification check procedures.
Withdrawing back to deposit method
When making a withdrawal, most casinos will only allow you to issue your winnings to the deposit method you’ve used previously. This is done for security reasons as an anti-fraud measure. It is known as the “closed loop” method and is used in the majority of online casinos in 2020.
Of course, some will allow you to withdraw on a different method than the one you used to deposit. Make sure to read information on the payments page to learn how your preferred casino operates.
Use your own payment methods
When playing casino games online, it is vital to always use your own payment method. Using anyone else’s credentials is a crime and will get you banned in casinos. Using someone else’s payment method can also cause trouble when you want to withdraw your winnings.
Once the casino notices that the names don’t match, your winnings will be confiscated, not to mention you’ll be banned from that casino for good.
If you don’t have a credit or debit card issued in your name, you can always go for e-wallets by registering online for free.
The Best Withdrawal Methods
Nigerian players have a variety of great payment methods to use in casinos. E-wallets largely seem to be the preferred option. That’s no surprise – services such as Neteller and Skrill allow safe, fast, and easy withdrawals, not to mention that they’re lightning-fast.
When you’re looking for a new payment method to use, you have to take several factors into consideration. These include convenience, safety, security, speed, and of course, a variety of supported currencies including Naira.
One of the very best e-wallets out there, Skrill has been plying its trade for a decade and is currently stronger than ever. It accepts a bunch of currencies, promises safe and secure withdrawals, and best of all, it’s completely free to use.
You can create your Skrill account in just a few minutes and fund it in a variety of ways. As soon as the money are in your virtual wallet, you can use Skrill to deposit and withdraw at the best Nigerian online casinos.
Part of the same family as Skrill, Neteller represents another great option for Nigerian players. It guarantees safe and secure withdrawals that are also blazing-fast at the same time.
Just like Skrill, Neteller is completely free to use. Signing up will only take a few minutes, and there are no fees associated with Neteller transactions unless the casino charges some. Neteller accepts a variety of currencies which saves you from pesky currency conversion fees.
How do I verify my account?
Before you’re able to make withdrawals in online casinos, you will have to verify your account first. This process is known as Know Your Customer or KYC for short. The casino will ask for proof of identity before your first withdrawal which will require you to send personal documents that will be safely processed to verify your identity.
These include proof of address, a photo ID, and a photo of the payment method you’re using. For example, it can be a photo of your credit/debit card. If you use e-wallets, the casino will request a screenshot of the interface.
Don’t worry – the information will be 100% safe.
Why can’t I withdraw my money?
As mentioned, withdrawal times are affected by a variety of factors. For example, when you request a withdrawal for the first time, the casino will ask for proof of identity which will delay the process.
Other factors may be the reason behind the fact that you’re not getting your winnings. Problems with payment methods might be an issue, just like personal document verification.
However, this happens rarely and if there’s any delay, you can always get in touch with the customer support team for more information. The casino’s representatives will surely have more info on why your winnings appear to be stuck.
What is the wagering requirement
When you claim a bonus in an online casino, you will surely see the term wagering requirements. This is a major ‘objective’ you must complete before you’re able to convert the bonus to real funds.
This will require you to turn the money over a certain number of times. For example, if the wagering is 35x, you’ll need to wager the bonus funds 35 times before withdrawal. The lower the number, the easier it will be for you to complete the wagering.
Are there any limits to withdrawals?
Yes, there are limits to withdrawals in online casinos. All casino sites have a minimum withdrawal limit and a maximum amount of money you can withdraw.
Both depend on the payment method. In general, credit/debit cards have the lowest limits. These are much higher for bank transfer as well as for cryptocurrencies and e-wallets. You can check the limits for your preferred banking option at the casino’s Payments or Cashier page.
What are KYC checks
KYC stands short for Know Your Customer. These guidelines are in place to minimize identify theft and the risk of fraud. Thanks to a KYC check, online casinos can ensure the identity of their players.
It’s a one-time check that will require you to send the casino personal documents or drop them off at the nearest KYC point. Once that’s out of the way, you can make withdrawals with ease and without delays.