It is not uncommon for online casino players to wonder how long it will take for them to receive their winnings. After all, nobody wants to wait weeks or even months to get their hands on their hard-earned money.
The good news is that most Australian online casinos are very efficient in processing withdrawals. In most cases, you can expect to receive your winnings within a few days. However, there are a few crucial factors that can influence how long it takes for you to receive your money.
The withdrawal method
The first factor is the withdrawal method that you use. If you prefer to receive your winnings in your e-wallet, you should receive your money within a day. However, if you prefer to receive your money via bank transfer, it may take a few days for the funds to appear in your account.
The casino’s processing time
The second factor is the casino’s processing time. While most online casinos strive to process withdrawals as quickly as possible, some may take longer than others. If your withdrawal is taking an unusually long time, it’s always best to contact customer support to check on the status of your transaction.
The casino’s payout percentage.
The third factor to consider is the casino’s payout percentage. This number refers to what per cent of players’ wagers are paid out in winnings. So, if a casino has a 97% payout percentage, it will pay back 97% of all money bet by its patrons.
Generally speaking, the higher the payout percentage, the quicker the casino will pay out winnings because the casino has more money to pay out and can process withdrawals faster.
So, how long should you expect to wait for your winnings from an online casino?
You can usually expect to receive your money within a few days. However, there are a few factors that can influence how long it takes for you to receive your money. The withdrawal method, processing time and payout percentage are all essential things to consider.
What to do when you have not received your winnings?
If you’ve won money at an online casino, you’re probably eager to cash out and enjoy your winnings. However, in some cases, the casino may refuse to pay out your winnings. This can be extremely frustrating, but there are a few things you can do to try to resolve the situation.
- First, check the casino’s terms and conditions to see if there is any mention of non-payment of winnings. If so, the casino may have a legitimate reason for not paying out your winnings. However, if there is no mention of this in the terms and conditions, you may want to contact customer support and ask for a explanation. In some cases, the casino may simply have made a mistake and will be happy to rectify it.
- If you’re still not getting anywhere, you can try contacting your bank or credit card company and asking them to reverse the transaction. This is by no means guaranteed to work, but it’s worth a try if you’re really stuck.
- Finally, if you’re still not getting anywhere, you can consider taking legal action against the casino. This should be seen as a last resort, as it’s likely to be expensive and time-consuming.
If you have not received your winnings within a reasonable timeframe, it is always best to contact customer support first. They will be able to advise you on the status of your withdrawal and help resolve any issues that may be causing delays.
The most reputable online casinos in Australia with the fastest payouts
Here is a list of the best online casinos in Australia with the fastest payouts;
National Casino
National Casino (check it out on Betsquare) is an online casino with one of the quickest payouts in Australia. They promise to process all withdrawals within 24 hours and usually deliver on this promise.
Royal Vegas
Royal Vegas is another online casino with fast payouts. They boast a processing time of 48 hours for all withdrawals, meaning you shouldn’t have to wait too long to receive your money.
Casino Mate
Casino Mate is an Australian-friendly online casino with fast payouts. They offer a range of withdrawal methods, including e-wallets, bank transfers and cheques. Withdrawals are typically processed within 24-48 hours.
Ozwin Casino
Ozwin Casino is a new online casino with fast payouts. They offer a range of withdrawal methods, including e-wallets and bank transfers. Withdrawals are typically processed within 24 hours. Powered by Royal Vegas Casino, Ozwin Casino promises quick payouts to all players.
Playamo Casino
Playamo Casino is an online casino that offers fast payouts to all players. They offer a range of withdrawal methods, including e-wallets and bank transfers. Withdrawals are typically processed within 12 hours.
Tangiers Casino
Tangiers Casino is an online casino with fast payouts. They offer a range of withdrawal methods, including e-wallets and bank transfers. Withdrawals are typically processed within 24 hours.
Joe Fortune Casino
Joe Fortune Casino is an Australian-friendly online casino with fast payouts. They offer a range of withdrawal methods, including e-wallets and bank transfers. Withdrawals are typically processed within 24 hours.
These are just some of Australia’s most reputable online casinos with fast payouts. So, check out these casinos if you’re looking for quick and easy withdrawals.
Final thoughts
If you’re wondering how long you’ll have to wait to receive your winnings from an online casino, the answer is usually a few days. However, a few factors can influence this, such as the withdrawal method, processing time and payout percentage. If you have not received your winnings within a reasonable timeframe, it is always best to contact customer support.
If you’ve had the unfortunate experience of an online casino refusing to pay your winnings, there are a few steps you can take. First, try contacting customer support and see if they can help resolve the issue. If that doesn’t work, your next step is to file a complaint with the appropriate gaming commission. In most cases, the commission will investigate the matter and take action if they find that the casino has acted inappropriately. Finally, if all else fails, you can always take legal action against the casino.
However, this should be a last resort as it can be expensive and time-consuming. With a little persistence, you should eventually be able to get your winnings from the casino.
