Playing for real money at an online casino is one of the major highlights. And this allows players to win real money that they can withdraw. This is one of the greatest feelings when playing since winnings are seen as a kind of reward. Making a withdrawal is such a simple process at Jackpot City Casino. All players have to do is head to the Cashier and select the Withdrawal section. Choose the payment method that they want to use and enter the amount they wish to withdraw.
Players need to make sure to choose a casino that they can trust before they decide to play for real money. no one wants to win cash and find out that it is impossible to make a withdrawal because they have played in a casino that is not registered. Jackpot City Casino is a licensed casino that offers safe and secure payments.
Each online casino has slightly different rules when it comes to making a withdrawal. Anyhow, the basic process remains the same and we have to admit that they have simplified the process so players won’t feel frustrated at any point.
The player has to log into their account first, and head to the Cashier. They need to select the Withdrawal section, and they will see all the payment methods listed here. It is very important to use the same payment method for a withdrawal as the one used for depositing in the first place. Once they select the payment method they want to use, players need to enter the amount they wish to withdraw. They will have to enter some information and confirm the withdrawal.
Once the casino receives the withdrawal request, it will try to do everything in its power to process the withdrawal as soon as possible.
Players can choose one of the many different payment methods that Jackpot City Casino has to offer to make a withdrawal of their winnings. Each payment method comes with its own perks, and we will go over the most common ones, so players will find it easy to decide which one they want to use.
Bank transfers take the longest when it comes to processing withdrawals. Sometimes players will have to wait between 5 and 8 business days because there are plenty of different mandatory verification checks.
Debit and credit cards, on the other hand, offer faster withdrawals, which usually take between 3 and 5 business days.
The quickest withdrawal method is the e-Wallet, which in some cases offers instant withdrawals.
Players are allowed to request a withdrawal at any point they want. Anyhow, there are certain requirements that they need to follow to have a successful withdrawal of funds.
Betting requirements – when a player utilizes a casino bonus, it usually comes with wagering requirements. Players need to meet certain wagering requirements before they can request a withdrawal.
Amount limit – usually casinos limit the amount players can withdraw within a day, a week, and a month. The only exceptions are progressive jackpots that are paid out immediately. This is done to ensure a steady amount of withdrawals for all casino players.
Time limit – players are usually allowed to withdraw a predetermined number of times.
Security checks – each player at a casino will have to go through an extensive verification procedure before they will be able to make a withdrawal of their winnings. This will help the casino to determine if their players are of legal age to gamble and that they are not part of a money laundering scheme.
Account verification is a legal requirement at any licensed online casino. Players need to go through this process when they sign up for an account. They will have to share some personal details the moment they register for an account like their name, address, and country of residency, to name a few. It is very important to make sure that they enter the correct details upon signing up because they will have to send legal documents, later on, to prove that they are who they say they are. Sending legal documents is only required before making a withdrawal. Players can explore the casino for a while and see if it is a good suit for them or not. But the moment they decide to make a withdrawal of their winnings they will have to go through the account verification procedure.
Account verification is simply a way for the casino to know who their players are, and they are not trying to impersonate someone else. The casino will use various automated database checks and they will also request additional documents to complete the process.
There are two main reasons, among others, why online casinos require players to verify their identity. Firstly they want to protect minors from gambling, and secondly, they want to prevent criminals from using the casino for fraudulent or money laundering activities.
It is illegal for persons under 18 to gamble, so for that reason, the casino has 72 hours to confirm each player's age. If they fail to do so, then they will close the account and the player will not be able to deposit, play or withdraw funds.
Unfortunately, casinos provide a great opportunity for criminals to launder money where the house edge is just a few percent, which seems a small price to turn dirty money into clean cash.
The risk for a gambling addict to steal or commit fraud to fund an account is high as well. For this reason, casinos use ID checks to make sure that their venue is not used for criminal activity. They also reserve the right to ask their customers about the source of their income in case they notice large deposits are being made in a short period.
Once players decide that they want to become regular at a casino, they will have to provide full ID verification that will include copies of legal documents like passports, National ID, utility bills, and a copy of their credit card.
These are only some of the scenarios in which a player will be required to go through a verification procedure:
When trying to verify an account, players will have to send documents that prove their name, age, address, and ownership of the payment method used to fund their account. These are the most used forms of documents:
Proof of Age – to prove one's age, players will have to send a copy of their passport, driver's license, or national ID.
Proof of Address – to send proof of their address, players have to send a copy of their utility bill, phone bill, or bank statement.
Proof of Ownership of Payment Method – to prove that they own the funds that they use for gambling, players can send a copy of the front and back of the card used to fund their account or a copy of their bank statement.
All documents can be sent via email or through the account page. The account verification time may vary, but it usually won’t take more than 48 hours. We advise players to verify their account as soon as they create it because this way they will avoid any delays when it comes to making their first withdrawal.
The acronym KYC stands for Know Your Customer, and it refers to the initial verification process used to check a player's name, age, and address. For security reasons, the casino will require confirmation of identity from an official document that includes the date of birth, to verify the player's age.
Players also have to confirm their residential address to show that they reside within a legal country where gambling is allowed. This is confirmed by sending utility bills or government documents sent to the player's supplied residential addresses.