What You Need to Know About Online Casino Payouts

With the internet opening up the world to everyone and making so many things readily available, it is no wonder that online casinos have become a popular form of online entertainment. It is no longer necessary to make plans and lodging arrangements to visit your favorite Vegas casino. You can kick back in your own home and enjoy your favorite games.

But what most players do not realize, or at least not right away, is that how they receive their winnings is different online than at a Vegas casino. At a Vegas casino you would collect your chips, coins, or player tickets and go cash in. You would receive your payout right then.

When it comes to online casinos, the payouts work a little bit differently. There are three things you need to know and consider in regards to payouts before you choose a casino to play at.

Withdrawal Options

Most online casinos will have several different withdraw options for when you want your winnings. The most common method are a transfer to your credit card, a transfer to an online payment processing services, a wire transfer, or a credit to a your prepaid card if you used one to deposit to your player account. Some of the most commonly used online payment processing services used by online casinos are NETeller, eWallet, Click2Pay and Moneybookers. Some casinos will also have options available so that you can have your winnings mailed to you in a check, or transferred directly to your bank account via an e-check.

You will want to check out what withdrawal options are available before depositing money. Do not get into a situation where you have no means of getting your payout. For example, you might already have a PayPal account, but if the online casino does not accept PayPal, your winnings cannot be transferred there. Check your withdrawal options ahead of time and set up a withdrawal method to prevent running into stress and frustration later.

Time Frame on Receiving Payouts

It is not uncommon for different types of online casino payouts to have different receiving times. Unfortunately, since there is no direct person-to-person contact like at a Vegas casino cashier, most payouts are not instantaneous. Some might be but it will vary from casino to casino. The quickest payouts tend to be with transfers to credit cards, such as your debit card if it carries the logo of a major credit card company such as Visa or Mastercard. Other options, such as receiving a check in the mail, can take up to ten days.

Sometimes the amount of time to receive your winnings is held up for security reasons. To protect your financial information and themselves, some online casinos will hold your winnings until they can verify and approve the request for withdrawal. Unfortunately, there are people in the world who will try to hack into player accounts, request withdrawals and steal your winnings. To avoid this, casinos will request a faxback. That is a form that they send to you that you must fill out and faxback to them so that they can verify that you are the account holder and that you are requesting a withdrawal.

Withdrawal Charges

One more thing that you need to be aware of in regards to online casino payouts it transfer charges. Wire transfers will usually have a charge for the service, and most likely the casino will pass it on to you since it is your money. Some online payment processing services will charge a percentage or a flat rate for their services. If your credit card has to convert your winnings from one currency to another, there might be a charge for converting.

Some of these charges may come from the casino. To find out you can contact their customer support team. If you are using a credit card you will have to contact their customer service department for questions about any charges or fees; and the same applies to any of the online payment processing services.

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Poker Sites Accepting Paypal Transaction

Paypal is a popular online payment processor that allows customers to send and receive money from people of other countries. One advantage of Paypal is that it allows you to send money in currency the format of your country. For example: In Paypal you can create an American account use dollars and send that money to your friend in London. In London your friend can convert those dollars into Pounds through Paypal and transfer it to the bank.

Online gambling gained popularity in recent years. Thousands of internet users play online poker for fun or to make money. Market share plays an important role in poker rooms; Paypal takes less market share and sends more amount to a customer’s account. It allows a customer to register a Paypal account at any poker room that accepts Paypal. Paypal provides high level security to Paypal accounts. Security is a major concern for Paypal. Online poker rooms that accept Paypal bankrolls are: paddy power poker, lucky ace poker, betfair poker, Ladbrokes poker and bwin poker. Betfair poker is affiliated to the betfair network of websites. Betfair poker rooms are simple, accept Paypal and allow customers to win plenty of money. Cross traffic has made it easy for betfair network to gather players, and allow them to play poker. Ladbrokes poker is a part of the largest network that includes casinos as well.

Paypal is by far the most secure online money processing agent that uses 128 bit SSL security to protect user accounts. It provides high security to user accounts and prevents any fraudulent transactions. Paypal is being used by most of the poker players because it allows people to transfer money of their own currency, whatever may be the currency of the other person. Paypal is the largest online payment processor in the world. There are nearly 110 million Paypal users across the globe. Today it is still the most popular, trustworthy and honest online payment processor.

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Bingo Sites That Accept PayPal

For a long time people have been reluctant to enter their bank details online when depositing at online bingo sites. There is a solution to this problem, it goes by the name of PayPal, PayPal bingo sites are becoming more and more common.

PayPal is a widely accepted way of making deposits and withdrawals from your online casino accounts. Unfortunately, there are not many bingo providors that accept PayPal. Lately, more and more online bingo players who enjoy the services of PayPal have been demanding the use of PayPal in their elected sites, and these have been responding and joining the list of bingo sites that accept PayPal.

PayPal is a free service that allows you to create your personal account to make easy, secure and fast online payments, it is owned by eBay. To find out if a site accepts PayPal, all you have to do is visit their homepage and, on the deposits/withdrawals information, look for the PayPal logo; if you find it then they accept PayPal. This way you do not need to share any of your bank account or credit card personal information with the bingo website, since all the data is provided only to PayPal.

Registering a PayPal account is very simple; all you need is a credit card and an email address. With the account open you can easily transfer money from your bank account to your bingo account. PayPal Bingo sites will make a quick and simple validation process of your account and then you are ready to buy bingo cards and start winning money for later withdrawals.

You will also discover that some bingo sites that accept PayPal will give you fantastic free bonuses if you use PayPal as your preferred method of payment. Bonuses will double your initial deposits and give you extra money to buy bingo cards. Take a quick look through our website and you will find some of the best bingo sites that accept PayPal.

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PayPal Poker Sites – Which Poker Sites Accept PayPal?

For all you peeps that like to play poker or gamble online and own a PayPal account, this is article is for you. If you like to play some cards online and you want to make your deposits the easy way using PayPal please read on about PayPal Poker Sites online that accept PayPal as form of deposit.

PayPal is owned by eBay and is one of the largest payment processors in the world. Also PayPal is one of the most safe and easiest ways to send money online. For many years PayPal wouldn’t involve with gambling online, but there was a change not long ago. PayPal will now involve with poker rooms and casinos online. Sounds great!

But not all countries are allowed to make payments online to gambling sites right now. As certain rules and regulations make these types of transactions illegal. Some countries where online poker players can use PayPal for poker are Austria, Belgium, Denmark, Finland, France, Greece, Ireland, Italy, Portugal, Spain, Sweden and the UK. Most PayPal Poker sites will let you know which countries they accept for deposits with PayPal. So please check if your country is listed as one that can deposit.

Like I mentioned before…PayPal Poker Online is relatively new, which is why not many poker rooms and online casinos offer it right now. But I guess this amount of PayPal accepting Poker sites will grow in the future. It would be really stupid for poker sites and online casinos to let this option out of their system of course.

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