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What do I need to know to withdraw money from online casinos?

What do I need to know to withdraw money from online casinos?

It is no secret that millions of players are attracted to modern online casinos for big winnings and new entertainment opportunities. These days, visiting a gaming club not only allows you to test your fortune and win a large amount of money, but also to have fun. Modern machines surpass full-fledged computer games in graphics, plot and functions. Meanwhile, as a few years ago, the issue of earning money remains in the center of attention of the gambling business. Today we’ll look at all the details you need to know in order to withdraw your hard earned money.

Many large gambling clubs offer the traditional way of withdrawing funds. The advantages of using cards are obvious: you get the money directly to your bank account and can use it immediately. You don’t need to look for exchangers, check their rates or do other things.

However, this method has its disadvantages, despite its convenience:

– Double envelope. Although online casinos offer a wide range of currencies, dollars and euros are usually the most popular. When withdrawing to a card account in a different currency, double conversion can occur, which can result in a 2-3% loss of revenue due to the exchange rate difference. You don’t know in which currency the settlement from the bank servicing the online casino takes place, even if you specifically start a card in dollars or euros.

WebMoney payment system eliminates all the disadvantages of withdrawing funds to a bank card: you can create a wallet in any currency and withdraw money immediately. 

Nevertheless, there are some disadvantages:

What do I need to know to withdraw money from online casinos?

– Committee. At further withdrawal of funds to a bank account, the WebMoney system takes a commission of two percent. In addition, the withdrawal transaction is confirmed by SMS, which costs 2WMR. If you connect the E-Num system, this can be avoided, but it is difficult and SMS authentication is considered more reliable. However, this is not all of the withdrawal losses.

Instead of releasing

Essentially, each method of withdrawing funds from online casinos has its own advantages and disadvantages. It is the best option if you have a bank card account in the same currency you pay with at the online casino, and you are willing to wait a few banking days if necessary.