Gambling Sites With Cash Out

Posted By admin On 20.06.20

Whether you are interested in playing at an online casino, betting on the upcoming game at a sportsbook, or trying your hand at poker, the goal is to try and win. Win one bet, win one hand, win one play, it's all the same mission. There are many players who win at online gambling sites, and when it comes the time to get paid out the process should be simple and easy to complete. This is true in most cases, but going in it's good to have proper information about what types of payout options are available to you otherwise red-tape + headaches could accompany the withdrawal experience.

Unibet is one of the best cash out betting sites that offer this possibility both prior to kickoff and after the game is underway. When players check out the betting slip, they will see the proposed value for a refund, next to the initial odds. This helps them greatly in the decision-making process. If you’re a fan of in-play betting, your world just got a whole lot better. More and more bookies are now offering cash out in-play (or COIP for short). Today we’re going to look at the best cash out betting sites, and what offers are available when you use them. The use of online gambling sites is becoming so common that many of the top-rated casinos and sportsbooks have taken the initiative and made these websites compatible via mobile app. Check out the link below to explore some of these popular and easy-to-use apps. Best betting site for Cash Out; The world’s largest betting site, bet365 was first with the Cash Out function and is still the best. The Cash Out function is available for all single and combination bets at bet365. The function applies to both pre-game and live bets. Unibet is one of the best cash out betting sites that offer this possibility both prior to kickoff and after the game is underway. When players check out the betting slip, they will see the proposed value for a refund, next to the initial odds. This helps them greatly in the decision-making process.

The best online gambling sites that are legal for USA players will not just have one method to pay players out. In fact, it's more like they that will have closer to a half-dozen. Why so many? Well, there are many different types of players which dictate the need for several types of methods. What works for one might not work for another; that is the theme of a withdrawal from a gambling site. And let's face it, the more choices available the more likely it is that users will be satisfied. The payout methods most often accompanying gambling sites are located below, as well as other questions prospective players might have. This includes payout times, payout fees and how to get fast payouts from gambling sites.

Payout Methods Commonly Used By Legal Gambling Sites

Payouts come in many forms, and if you know what you're doing, those withdrawals can be optimized to ensure you are getting the most possible. The fees and other aspects that come into play can all have an effect as well so be sure to do your research before settling on a method.

Company Checks Sent By Courier Service - It's not fancy in an industry that is dominated by the latest technology on the Internet, but it's something that you'll find at every gambling site. Don't expect to find the same check options though, as there can be several. The main thing here is the way it's sent. It can be through the mail, a courier, or can be sent as an ExpressCheck. Most gambling sites will have a flat fee. The ExpressCheck will be about a seven-day send out to the player, while a courier takes about 10 days. The check through the mail takes the longest, anywhere from 14-20 days.

Cash Wired To Physical Location For Pickup - This is the way to go for players who believe time is of the essence. Wire transfer will get users their payouts quickly, sometimes even the day of the withdrawal request. Standard operation procedure puts a payout from a wire transfer to the player within 36 hours. Western Union transfers and MoneyGram are the common methods here. Fees do come along with these options. How much you withdraw will go in line with the fee. As the payout goes up, so too does the fee; though with wire transfers the payout per transaction is usually limited to under $1,000 at one time.

Sending Money Directly Into A Bank Account - A bank wire is kind of like a wire transfer, but not quite. For one, a bank wire maximum amount will almost always be the highest withdrawal limit of any gambling site. It's the nature of this payout type. It won't set any speed records getting to you though, taking approximately 10 days to be received. Fees are small in comparison to the high amounts that can be withdrawn. The limits start high too though so to be eligible you'll have to have a certain amount to withdraw.

Other Forms Of Paper Payments Sent Through Couriers - These payouts can be all over the place in terms of limits. Some sites have high limits close to $10,000 where the minimum is $1,000, while others are much lower. The time is consistent however, taking about 10-14 business days to be received by the better. Flat fees come along with this method in most cases, similar to a check.

Funds Re-Credited To Issuing Debit/Bank Card - Paying players out on a debit card is what this withdraw process is all about. It's a really neat feature. It's not that common though, which is unfortunate because one would think it would be popular. Perhaps it will continue to expand in the future. Visa and MasterCard debit cards are typically the cards that can be used with this avenue. This means that payouts will go directly onto the designated card belonging to the account holder. It takes 3-4 business days, with limits up to $2,500 that start at just $100 for minimum withdrawals.

There are several other variables that come into play when choosing how to get paid. We talked about a few of these earlier but now you can read about some of the terms and details about the particular payout methods mentioned just above.. some of the things that players normally miss such as the fees, payout limits, and time it takes for payments to be received.

How Long Payouts Take - What Is The Fastest Way To Get Cash Out Of Gambling Sites?

For players in the United States, it would be the wire transfer. This payment will be received by players within a 12-36 hour window. This is a very quick process so players if they prefer will not have to wait days and weeks with other methods. And what's also nice is that it's not just about getting it fast meaning it will cost you more. It can be relatively cost-effective to use a wire transfer.

Will I Be Charged When Taking Money Out? - Withdrawal Fees + Charges

No, not always.. in fact, there are gambling sites that will cover payout fees for players. Examples include one free payout per month, and that's actually quite common. But each payout method will have its set fee for informative purposes on site, should more withdrawal be taken out by the player at a rate greater than once per month.

Typically, fees are not charged when getting money out of online casinos however legal sports betting sites usually charge fees for certain payment methods as do poker websites for US players.. sports gambling + poker websites are usually one in the same which is why the theme carries over.

Withdrawal Limits + Restrictions - How Much Can I Withdrawal + How Often?

We got into this a little in the different methods, but the best answer here is that the payout methods will be detailed at the gambling site. Each will not have the same limitations for withdrawal so to start talking about specific ones would not be correct because they can be so different. We recommend checking out our reviews and reading about the limits that come along with them. We have plenty of reviews for all types of gambling sites.

Gambling Sites With Cash Out

Should I Choose A Gambling Site Based On Their Player Payout Methods?

This really depends on which options are feasible for your needs. The more options that could potentially work for your situation opens the doors to more possibilities when it comes to gambling. That could mean having 10 legal online casinos to choose from opposed to three.

If you want to choose a website based on a specific payout option, it wouldn't be a bad idea but we do recommend that our reviews of the best legal gambling websites are consulted. In those, all of the payout options were thoroughly researched and include every facet of gambling site withdrawals covered on this guide to getting money out of online gambling websites.

How to Deposit – Funding an online gambling account
The first part of our guide covers all the ways to put money into an online gambling account, possible deposit problems you might encounter at gambling sites, and tips for resolving deposit issues quickly.

Best Online Casinos for Deposits & Withdrawals

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What are E-Wallet Sites?

E-wallet sites are very popular with online gamblers due to extremely high processing speeds and relatively low fees – usually, the casino, sportsbook or poker room will receive your money instantly, allowing you to start playing for real money almost as soon as you make the decision to deposit.

Nevertheless, e-wallet sites like Neteller or PayPal are very picky about the gambling sites and countries they deal with – consequently, if your region has stringent gambling laws, odds are high that this deposit method won’t be available to you.

For example, US-facing gambling sites are notorious for refusing to accept e-wallet payments due to the Unlawful Internet Gambling Enforcement Act, despite allowing European players to use this option to fund their accounts.

Another thing you should keep in mind is that some sites might offer additional bonuses for people who opt to make a deposit through an e-wallet, which can be as high as 20% of the amount of money you transfer. This is due to how easy e-wallet transactions are to process for gambling operators, allowing them to pass the savings onto the players.

  • Pros: Safest and most secure option to deposit and withdraw money. Easy to move money to different gambling sites.
  • Cons: Can take a few days to set up and confirm the account. E-wallets charge fees, usually a percentage of your deposit, to use their services.

What are the Most Popular Online Gambling E-wallets?

Can I Use a Credit Card or Debit Card for Gambling Online Deposits?

Using a credit or debit card to fund your gambling account is the most popular and widespread method all over the world, which shouldn’t be all that surprising if you consider how popular brands like MasterCard, Visa, American Express or Discover are. Obviously, the size of your deposit can’t exceed your limit if you opt to use a credit card or the amount of money in your bank account if you go with a debit card, but otherwise, this method is very fast and completely safe.

Making a Visa or MasterCard deposit is simple, as all you have to do is provide the gambling site with your billing address, card number, expiration date, and Card Verification Value (CVV) code – unlike in the case of e-wallet transactions, you won’t be forced to sign up for any services available at third-party sites.

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The catch here is that making a credit or debit card deposit may limit your withdrawal options to some extent, as you won’t be able to cash out this way; realistically, you’ll usually need to request a check by courier or a bank wire transfer to cash-out.

Nevertheless, credit and debit cards allow you to transfer massive amounts of money without being forced to pay any excessive fees, which makes using them the perfect solution if e-wallets are out of the question and if you want to claim a large bonus by making a big payment – just make sure your card has been cleared for international transactions before you attempt to use it.

What are the Most Popular Credit Cards for Online Gambling?

Can I use Prepaid Cards for Online Gambling Deposits?

Prepaid cards are very similar to debit and credit cards, but allow you to go about funding your online gambling account in a more discreet manner. Most sites that accept regular credit/debit cards will also accept a prepaid Visa or MasterCard, so the entire process is as simple as acquiring a card, loading it with funds and making a deposit at the gambling site of your choice.

Unlike gift cards, prepaid cards can be reloaded both locally and online. A good example would be a Visa Prepaid Card, which can be loaded at any location sporting a Visa ReadyLink symbol.

You have to remember that some gambling sites won’t accept every prepaid on the market, so I’d advise contacting the support to confirm that the card you chose will work. (Usually, the site’s staff can be contacted via e-mail, phone or even live chat, so that shouldn’t be much of an issue.)

Furthermore, just like in the case of credit cards, you’ll want to make sure that your card has been cleared for online payments and international transactions, as domestic-only prepaid cards can’t be used to make a deposit on most gambling sites. Finally, don’t worry if your casino or poker room doesn’t list prepaid card as a separate payment option, as most sites simply include them in their credit/debit card subsection.

What are the Most Popular Online Gambling Prepaid Cards?

How are Cash Transfer Services used for Online Gambling Deposits?

Money orders are very popular among American gamblers, which shouldn’t be all that surprising considering they don’t have many deposit methods to choose from. The main advantage of making a payment via a Western Union or Moneygram® money order is how reliable and popular they are – you can’t go wrong with a company that has over 270,000 outlets all over the world and earns $5 billion every year.

Bet Sites With Cash Out In Kenya

Sending your money via a money order is slightly more complicated than using your credit card or e-wallet account, but I’ll use the Western Union example to walk you through the entire process.

First, you’ll have to create a Western Union account on the company’s website and register your credit card. Then, you’ll have to contact the gambling site’s support staff and ask them to give you the information necessary to make a Western Union payment. Once you’re done, go back to the Western Union site, pick “Send Money in Minutes” and complete the form using the information obtained from your casino or poker room.

Gambling Sites With Cash Out

Finally, write down the Money Transfer Control Number (MTCN) and send it back to your gambling site, which will confirm the transaction. You’ll have to wait a while for the money to go through, which usually shouldn’t take more than an hour. While this doesn’t take all that long, you have to remember that Western Union and Moneygram® payments usually require you to pay a fee, which makes them rather ill-suited for smaller deposits.

Alternatively, you can simply write down all the transfer information provided by the casino/poker room and visit your local Western Union/Moneygram® office to make a cash transfer, without the need for creating an online account or using a credit card to fund it. Just make sure to take a photo ID with you.

What are the Most Popular Online Gambling Cash Transfer Deposit Methods?

Can I use Bitcoin for Online Gambling?

Bitcoin is an open-source digital currency system, which was introduced in 2009 by an anonymous individual or group known only as Satoshi Nakamoto. Unlike the traditional fiat currencies, the system isn’t controlled by a single entity like a government or central bank – the entire network is completely decentralized, with individual users volunteering their computing power to execute and record network’s transactions. This means that nobody is capable of single-handedly influencing it by adjusting the supply or exchange rates.

Another advantage of using bitcoins over fiat currencies is the fact that all the transactions are pretty much anonymous, as bitcoin users aren’t required to identify themselves by name or address. Furthermore, it is worth pointing out that while bitcoin started out as a rather gimmicky currency and wasn’t initially worth much, the total market capitalization of bitcoin exceeded $10 billion by the end of 2013 and the price of a single bitcoin totaled over $450 by April. Consequently, it should come as no surprise that further subunits have been introduced to facilitate smaller transactions.

Trading your bitcoins for traditional currency like the United States dollars or British pounds is as simple as visiting one of the numerous bitcoin exchange sites, but keep in mind that the specific exchange rates aren’t really fixed. Despite the fact that bitcoin isn’t accepted by banks, many well-established companies like TigerDirect, Virgin Galactic or Zynga have started accepting this form of currency over the past few years. Even better, many governments have taken a hands-off approach when it comes to regulating bitcoin transactions and mining, which means that bitcoin users probably won’t have to worry about any form of taxation in the foreseeable future. See our list of Bitcoin Gambling Sites for more info.

What are the Internet Gambling Laws and Banking by Region?

Below you’ll find guides to banking and laws by region. As always you should follow the laws in your local jurisdiction. As laws change frequently, be sure to consult a legal professional if you have any questions about the legality of online gambling in your area.

  • USA – American players have to deal with strict gambling regulations, which means they can’t use e-wallets for gambling related transactions. This means that the most reliable method of making a deposit is to use a credit / prepaid card or a money order at a trusted US-facing gambling site. Cashing out is usually available only via check by courier or a bank wire transfer, and while both methods are extremely reliable, they also take quite a bit of time.
  • Canada – Canada isn’t as strict about gambling as the country’s southern neighbor, which means that Canadian players have access to e-wallet sites. Credit and debit cards can be used as well, though these are limited to deposits only in most online gambling venues.
  • Australia – Australia is yet another lenient country when it comes to online gambling. I’d advise using e-wallets or credit/debit cards for deposits and e-wallets for cashing out. Other methods are obviously also available, but why would you pay for a Western Union or Moneygram® money order when you can have the same service for free? Finally, Australians can use the POLi service, which basically allows you to use your bank account for instant internet banking.
  • New Zealand – Much like in the case of Australia, players in New Zealand should use a credit card or an e-wallet service for making their deposits, and an e-wallet service for processing withdrawals. What’s more, and again just like Australians, New Zealanders can take advantage of the POLi service if they don’t want to use their credit card.
  • South Africa – Most South African gambling sites prefer their customers to use Visa or MasterCard for making a deposit and traditional bank wire transfers for withdrawals, though some sites do allow South African residents to deposit and withdraw using e-wallets.
  • India – Indian players should usually stick to Skrill (Moneybookers) when depositing at India-accepted gambling sites, but credit cards and bank wire transfers should also be reliable with most India-facing sites. Just keep in mind that some Indian banks and credit cards don’t like their customers engaging in gambling-related transactions.
  • UK – The United Kingdom is a very gambling-friendly country, so most options listed in a casino or poker rooms cashier should be available there. In fact, some venues go as far as to support micropayments via your phone bill, as long as you are a resident of the UK. Nevertheless, I’d recommend using an e-wallet or a credit card for making deposits, and e-wallets for withdrawals due to low costs and high speed.

Possible Deposit Problems & How to Handle Them

Declined Credit/Debit/Prepaid Card – The site won’t accept your card
Credit card transfers and deposits are often declined due to insufficient funds – basically, you won’t be able to exceed your credit limit or deposit more than you have in your bank account.

Nevertheless, if you’re sure that you have enough funds to make your payment, the first thing you should check is whether you’ve correctly entered your billing address and whether the address matches the one you used when signing up for your gambling site account.

Another solution would be to try a smaller deposit, as many banks restrict the amount of money you can send to online gambling sites. If that doesn’t work and you’ve tried using another card to no avail, you’ll have to contact your credit card company to solve this issue. Finally, make sure that your card has been cleared for online/international transactions.

Low Deposit Limit – Not being able to deposit as much as you want
Many gambling sites have restrictions in place on the maximum allowed deposit, which means that you won’t be able to pay more than a certain amount with a single transaction. Usually, this limit is set between $1,000 and $2,000, and unfortunately, there’s no way to circumvent it other than by making two or more payments.

If you’re a high roller and you’d like to deposit more, I’d advise looking for a site that doesn’t have any maximum deposit restrictions in place. Whether you’re from Europe, Asia or the United States, finding a reliable poker room, casino or a sportsbook that doesn’t force you to limit your payments shouldn’t be an issue.

However, if you’re planning to deposit big, make sure to check the withdrawal limits – larger bets usually mean bigger winnings, and there’s nothing more frustrating than having to wait five or six weeks before the entire cash out request has been processed by the site. Also, make sure to e-mail your casino or poker room of choice and ask if their maximum deposit limits can be raised; you’d be surprised how many of them will gladly comply.

Slow Deposit Processing – Deposit isn’t showing up in your account
While most deposit methods are instant, which means that funds will be credited to your account the moment you confirm the transaction, some options will require you to wait for the money to go through. For example, a deposit made with a credit card will be finalized after being approved by your credit card company, while a bank wire transfer may take up to five business days.

What’s more, some methods take longer to process on the casino’s side. This kind of information should be accessible on the casino’s or poker room’s website, but if you have any doubts you should contact customer support. The best way to avoid all these problems is to use an e-wallet to make your deposit if possible, which is almost always instant.

How to Cash Out – Withdrawing money from a gambling site

Hopefully, after you gamble online for a while you’ll have some winnings to cash out. This part of our guide will teach you what you need to know about getting your winnings back to your bank account, where they belong.

Withdrawals in Gambling-Friendly Countries

Gambling-friendly countries like the United Kingdom make it very easy for players to withdraw their winnings, as e-wallet services like PayPal and Neteller are available to their residents. As a result, cashing out is safe, quick and generally painless – once your e-wallet account has been verified, you won’t be forced to wait for weeks before your money arrives.

Bet Sites With Cash Out

Consequently, most sites won’t bother sending you a check by courier (though it is an option at some venues), however, if you want you can usually request a traditional bank wire transfer or even a Western Union or Moneygram® cash transfer if you used one of those services when making a deposit.

Withdrawals in the United States

The United States is a special case, as the country has very strict gambling regulations which differ from state to state, but despite that has a massive gambling market. As a result, American gamblers have limited choice in terms of available withdrawal options, especially since e-wallet transactions aren’t available for them. As a result, the most common cash out method is to receive a check via courier, which usually takes up to ten business days to deliver.

Another popular option is a Western Union or Moneygram® cash transfer, but keep in mind that this becomes available only if you made a deposit using the same channel. Bank wire transfers are also available through many sites and some specific casinos and poker rooms might even allow you to withdraw using a debit card – in that case, the money usually takes about five business days to arrive.

Possible Withdrawal Problems and How to Handle Them

Withdrawal Denied – The gambling site won’t let you cash out
A legitimate gambling site will provide you with a reason whenever your withdrawal gets denied, letting you know what you need to do to fix the issue. In such cases, most gambling sites will require you to verify your account by providing them with the following documents: proof of identity (driver’s license, picture ID), proof of address – usually 2 copies (utility bill, phone bill, credit card statement), copies of all the credit/debit cards that were used to deposit with the site as well as a completed and signed faxback form. If any of those documents are missing, chances are your cashout will be denied.

Your withdrawal request will most often be denied if the site’s staff detects a violation of the rules – most gambling sites are very strict when it comes to collusion and other forms of cheating, which may lead to some misunderstandings. Fortunately, and if there was no misconduct on your part, such situations can easily be resolved. The best course of action is to provide the site with a thorough explanation of the actions that raised their doubts.

Finally, if you made a mistake of depositing with one of the rare scam sites that are out there, taking legal action may be the only way of getting your money back. Nevertheless, keep in mind that such sites thrive on the fact that people aren’t aware of their malicious intents. In such a case, attracting the attention of a major gambling services review site might improve your chances of receiving a payment without taking the issue to the court.

Cash-out Restrictions – The gambling site will only let you cash out $x per week
Many online gambling sites have cash-out restrictions or limits, which might become annoying if you’re trying to withdraw massive amounts of money. Usually, the limit will be close to $2,000 per week – whenever your withdrawal request is higher than the restriction, you’ll be paid in $2,000 weekly installments.

Most online casinos don’t apply these restrictions to jackpot and progressive wins, though if you want to make a regular cashout there’s nothing you can do to speed up the process except for e-mailing the service provider and trying to come to an understanding, which is more likely to work with poker rooms than it is with online casinos.

Slow Payments – The gambling site said they processed your payment, but it’s been ‘x’ days/weeks/months
Cashing out can take much longer than making a deposit, so always keep that in mind and don’t immediately assume that the site is trying to scam you. For first-time withdrawals, the account verification process usually takes up to five business days – add ten more days for the site to process your request once your account is verified and you’ve got a solid two weeks between making the decision to withdraw and actually receiving your money.

Nevertheless, if the site’s staff is trying to hedge or the transaction hasn’t been completed in more than a month, you can definitely assume that there’s something wrong. In such a case, you should definitely report the situation to a renowned gambling review website and give the issue some exposure in the casino, poker or sports betting community. Scammers usually prey on clueless victims, so letting people know about their schemes is usually enough to force them to pay.

If that doesn’t help, filing a lawsuit may be the only way to go. Generally speaking, the best way to avoid slow payments or downright fraud attempts is to play on renowned sites only, as their reputation is way too valuable for them to engage in such malicious practices.

Internet Gambling Banking FAQ

Frequently asked questions about online gambling deposits and withdrawals. Hotels near turning stone casino.

Q: Can I put money on an online gambling site?
Answer: Yes. In fact, most sites will require you to fund your personal gambling account before you’ll be allowed to join real money games.

Q: Can I gamble with a credit card online?
Answer: Yes. Most sites will accept a credit card payment, but make sure that your card has been cleared for international transactions. This is also one of the few deposit methods that you can use regardless of your country of residence. Just keep in mind that withdrawals to credit/debit cards are limited and only available in a handful of online casinos/poker rooms.

Q: Can I gamble with a debit card online?
Answer: Yes. Most sites that accept credit card deposits will also accept debit card payments.

Q: Should I send copies of my credit or debit card to a gambling site for verification?
Answer: Your personal information is safe with well-known gambling sites as the key to their success lies in providing a secure environment for their players, so you definitely should feel comfortable sending all required documents during the verification process; refusing to do so could prevent you from validating your account and cashing out.

Q: Can I use cash for online gambling instead of a credit card?
Answer: While most online gambling sites don’t accept cash or even bank wire transfers as a payment method, many quality casinos and poker rooms will allow you to fund your account via a Western Union or Moneygram® money transfer.

Q: Are online gambling winnings reported to the government?
Answer: No. Online gambling sites are very serious about protecting the privacy of their customers, so no financial information is reported to the government unless the company in question is based in a jurisdiction that requires it to do so (which it very rarely is). Nevertheless, it’s important to remember that some gambling-related data – particularly when it comes to poker – can be obtained from statistical websites and there’s nothing to stop government officials from accessing these public resources, although it’s worth mentioning that these statistical services will not identify you by your first and last name – only your nickname.