For many casino players, nothing feels better than finally having the winning round and hitting the “request withdrawal” button. Most payouts are typically processed smoothly, but sometimes, problems can occur. Undeniably, it’s a frustrating point that many gamblers would be happy to avoid. The reasons why online casinos put payments on hold aren’t always obvious to users. Dip into the main points to know how to accelerate your withdrawal and prevent typical mistakes at this stage.
Skipped KYC and Identity Verification
Legal online casinos are obliged to initiate identity checks for compliance with international KYC requirements. It isn’t the favorite among players, but they still cannot avoid this procedure to receive their cash prizes in case of a win. Many gambling sites allow for delaying verification to the first withdrawal, but some users believe that they can completely avoid this process. It’s a common mistake, as you won’t receive your payout until the ID check is complete.
This global trend requires users to provide their valid personal information, including name, address, country of residence, and contact details. Entering random data won’t be efficient, as gambling operators need their customers to upload relevant documents. If you don’t complete this step before requesting a payment, your withdrawal will be put on hold.
Not Meeting Bonus Requirements
The majority of casino players prefer to complement their gambling experiences with bonuses, which are widely available across platforms. While the possibility of activating juicy rewards is tempting, meeting the wager isn’t as delightful. All promotions have specific usage terms and conditions that gamblers must stick to. Learning the 1xBet withdrawal rules in advance is essential for users, as non-compliance with any of them can result in cancellations or delays. Casinos may put your payout request on hold if you:
- Didn’t meet the wagering requirements after claiming a bonus
- Triggered the max bet rule when meeting the usage conditions
- Exceeded the maximum winning cap indicated in the rules
- Played games that don’t contribute to the wagering
- Attempted to withdraw funds without following T&Cs
As promotions are widespread, only a few users don’t activate them when playing. Familiarizing yourself with the terms and conditions for specific promotions is inevitable; otherwise, you may face challenges when withdrawing cash prizes. Sometimes, wagering requirements are too high, and it’s more beneficial for users to gamble with their personal funds and get the payout faster.
Extra Verification for Unusual Activities
Online casinos closely follow players’ patterns, and any suspicious activities are noticed immediately. If your behavior complies with the “high-risk” definition, the operator may require you to complete an additional check. For instance, if you suddenly deposit a vast amount of money and place larger wagers, the casino may mark it as suspicious.
Rapid replenishment followed by quick payout requests is another reason to trigger user verification. Reliable gambling companies fight money laundering and stick to AML requirements, which oblige them to initiate such procedures. Players who want to avoid such instances should have consistent gambling habits that demonstrate their fairness and clear intentions.
Payment Provider Issues
Withdrawal speed doesn’t always depend solely on the online casino. gambling platforms now offer a variety of banking systems, with some processing payouts instantly and others initiating extra checks. As gambling is marked as a high-risk entertainment in multiple jurisdictions, many financial institutions are obliged to limit related transactions. Moreover, many of these payment methods don’t process money transfers quickly.
When a user selects cryptocurrencies or e-wallets, they can count on faster withdrawals. On the contrary, players preferring bank cards or transfers should consider that delays are mostly inevitable. Processors check the details manually and can sometimes restrict or suspend payouts.
Multiple Simultaneous Withdrawal Requests
Of course, all players would be happy to receive their cash prizes within minutes. Unfortunately, it’s not always possible. In many cases, online casinos have multiple payout requests simultaneously and are forced to process them manually one by one. Even the most efficient casinos don’t process every withdrawal instantly.
To avoid this problem, users should consider submitting their applications during non-peak hours. As a rule, most gamblers interact with the online casino on weekends and holidays. These periods are usually overloaded for the administration, so choose another time for requesting a withdrawal if you want to accelerate this process.
Responsible Gambling Checks
Reputable gambling companies now focus on educating members about the importance of safer play. If users’ latest activities impose harm on their mental health, the casino can track it and limit their withdrawal opportunities. In this case, the platform may ask to verify the source of funds or trigger financial checks. When players have the first signs of compulsive problems, the gambling site recommends them to seek assistance instead of entering another session.
Extra Security Checks During Big Wins
Suppose you’ve hit a large jackpot and want to receive your payout as soon as possible. In most instances, the casino will delay the withdrawal and initiate extra checks. The thing is, some fraudsters cheat and try to get unfair wins, and the operator needs to ensure that everything is transparent. In this case, players may be asked to reconfirm their identities and validate their payment methods. Don’t get irritated if you face these procedures, as they mean compliance with global industry standards.