Online Casino, casinos

Payment of casino winnings     
 
Players rely on the speed of payment of winnings to judge an online casino. Who has never dreamt of winning a progressive mega jackpot from a fruit machine in an online casino whilst waiting for the payment to be made the same day? If you think that such a payment is made within 24 hours, you are going to be disappointed.

The speed of payment of winnings is one of the main differences with a physical casino. In fact in a physical casino, to withdraw his winnings, a player goes to the cash desk to change his chips into money. And this moment is rich in emotion as the player waits for his turn with his pot filled with chips. Adrenaline peaks when the cashier counts it up with the noise of chips showering down. The numbers go crazy on the machine that records your winnings in record time. Waiting time for payment in a physical casino varies in relation to the queue and no documentation is asked for unless the customer is the lucky winner of a jackpot, or if the sum is too large.

In online casinos, asking for winnings to be paid is a completely different story and requires patience, a lot of patience. If you are impatient by nature and you expect to receive your payment within 24 hours, we would advise you not to set foot in a virtual casino. Online casinos are responsible and reliable and ask players for particular documents in the event of withdrawing winnings. It is not at all rare that the casino asks for proof of identity and bank documents so that the transfer can be made without problems. Cynics put the slowness of casinos in paying down to an intention to make the player wager all of his winnings. What interest does an online casino have in not paying its players? NONE! The casino’s aim is to give each player the maximum of pleasure so that he comes back as often as possible and plays. The idea that a casino finds pretexts not to pay players is a lie, pure and simple, and all online casinos pay players who have won on one of their games. It is clear that casinos appearing on the blacklist are often at the centre of “schemes” aiming at not paying players. The casinos appearing on Casinoweb's list are high quality sites and none of these casinos are looking for pretexts not to pay players’ winnings.

Asking for payment of winnings is not a small thing and as I said previously, players will need to be patient. The payment request has to go through a stage of identifying the player who will need to give guarantees concerning his identity. Generally, where the withdrawal is under 5,000 euros, the casino customer service asks for a photocopy of both sides of an identity card, a photocopy of both sides of a credit card and a signed copy of the transaction details. These three items are enough to receive payment. Over 5,000 euros, the player will be asked for a bank statement on which there appears at least one transaction to the casino. It is possible that the customer department will ask for other “paperwork” as if you were part of a bureaucracy.

It is important to mention that online casinos are bound by player confidentiality and no data is transmitted to third parties. Some players fear that online casinos divulge their identity to third parties. Please be assured that online casinos are discrete and everything is strictly confidential. Moreover, physical casinos do not give a list of those players that have entered the casino lobby to the public or to the tax authorities. If casinos in the Partouche, Moliflor, Tranchant or Barrière groups gave player lists to third parties, frequentation rates would not be very high. For Internet casinos, the same applies and they are bound to protect players’ details, which no one else can obtain.

Sums withdrawn vary according to player status. The better the player’s status in the casino, the greater will be the slice that he can withdraw. In fact, players are divided by their VIP level. There are a number of different VIP  players, like VIP Bronze, VIP Silver, VIP Gold or VIP Platinum. A VIP Platinum player will be able to request a withdrawal of 18,000 euros per month whilst a VIP Bronze player will be able to request a withdrawal of 12,000 euros. As for a new player at the casino, who makes a withdrawal request, his ceiling will be limited to 10,000 euros a month.   
It should be noted that VIP players benefit from special bonuses called VIP Bonuses and playing conditions and offers depend on their level.

There is a category of big online casino players similar to those of actual casinos. Casinos in Monaco or those of Macao or Las Vegas often welcome very prosperous players who arrive in de luxe cars and who put down thousand dollar chips as others would a couple of dollars. These players also exist in virtual casinos and they too benefit from exceptional conditions. The red carpet is unrolled for them and this sort of player can withdraw all of his winnings without limit. This sort of profile is in the minority in online casinos where the great majority of players are Mister Averages. As in physical casinos, this category of players is much sought after for these are the players fortunate enough to spend considerable sums of money in the course of a few hours play. It is usual that casinos pay them increased attention, without in any way suggesting that the average player will be less well served. On the other hand, bonus offers, often called High Roller Bonuses will be greater because player deposits will be higher.

By way of conclusion, online casinos diverge from their physical equivalent in terms of speed of payment. The length of time for payment varies in relation to the speed with which the player sends off the documents requested by customer service. On the other hand, payments are made with no problems if everything is in order. A player who has large winnings and who sees himself limited in his withdrawals can wait for his transfer to come each month or can play his winnings in the hope of winning even more money.

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