Reasons for delayed payment of casino winnings
Casinos have a lot of requests
Although this is not an excuse for violating the rules they have imposed themselves, sometimes delays can happen due to a high volume of withdrawal requests. Also, if you play at an online casino that does not offer weekend withdrawals, your request will be processed on the first working day.
This is your first withdrawal request
If you have never withdrawn money from that casino before and you haven’t verified your account beforehand, you will have to send the necessary paperwork. After that, your withdrawal request will be processed. The whole procedure may take up to a week.
You have not sent all documents needed
Casinos have strict anti-fraud policies and players have no choice but to comply with them. To have your identity verified, you need to consult with the casino management and send clear copies of all documents required. Make sure you do as they advise to avoid unnecessary delays.
You are not old enough to play
Your winnings will not be confiscated once the casino management discovers you are under legal age to play.
There is a 24h pending period (reversal)
Some online casinos leave players’ withdrawal request on “pending” for 24 hours. During that time, you can reverse the withdrawal and continue playing instead of cashing out. If you take no action during the 24-hour pending time, your withdrawal will be processed.
You have requested a withdrawal via bank transfer
The advantage of the bank transfer deposits and withdrawals is that there is no limit as to how much you can deposit/ withdraw. That’s the reason why it is among the primary payment methods used by high rollers. On the downside, bank transfers and wire transfers take several days to complete.
Bottom line
The payout speed should be a major factor when opening an online casino account. Fast payouts indicate that the casino you have chosen is financially sustainable and committed to establishing relationships with players based on fairness. No reputable casino would delay your payment for 2 weeks hoping that you will get tired of waiting, reverse the withdrawal and play through your winnings. To cut a long story short – stick to the brands Correct Casinos has tested on your behalf and don’t worry about scam casinos. Sooner or later, they will end up in our “blacklisted casinos” list.