Australian online casinos are based overseas, so there will always be some trepidation when it comes to depositing, and ultimately withdrawing real money. We will break down how online casinos process withdrawals, what withdrawal methods you can use and the fees association with cashing out real money.
Making a deposit to an online casino account is a simple and typically immediate process, but making a withdrawal has some additional stipulations. Don’t be alarmed – the process for withdrawing winnings from an online casino is just as straightforward and easy but there are some waiting times, withdrawal limits and restrictions on what payment options are available.
How long to online casino withdrawals take?
When choosing a secure casino deposit methods like Visa, MasterCard, NeoSurf, bitcoin or Ethereum to supply your casino account the funds are available for you to use straight away, so you can start spinning reels on the pokies or chucking a red bet on roulette immediately.
Withdrawing winnings takes time, and just how long that is will depend on the individual casinos auditing time. In some cases withdrawals can be processed within a few hours, but generally it will take between 24 and 48 hours before winning funds hit your bank account, with some taking from three to five days.
The waiting period is a combination of the real money casino ensuring your winnings are properly allocated, that you meet the requirements of any terms and conditions of a promotional period (if applicable) and that you’ve provided the required information to confirm your age and identity.
When you request a cash-out at an online casino, these funds then go into a holding account as the casino processes things from their end. During that holding time, you have a certain timeframe in which you can change your mind and request that the funds remain in your casino account if you decide you’d rather use those winnings to gamble further.
As a guideline of what to expect, the following withdrawal processing times apply at some of our favourite Internet casinos:
- Tahiti Casino – 24 hours
- Wild Casino – 48 hours
- Joka Casino – 48-72 hours
Note: additional waiting periods may exist depending on any processing times enforced by your bank or chosen payment system. For processing times independent of the casino, contact your financial institution directly.
Payment options for withdrawing winnings
In most cases, an online casino will endeavour to pay out your winnings using the same payment method you used to make your deposit, so if you loaded your real money account using Visa, the venue will pay winnings back to your Visa account.
This isn’t always the case and it’s up to the casino operator’s discretion to make the payment by whatever option is available to them at the time.
Generally Australians can withdraw winnings using several methods:
- Bank transfer
- Bitcoin
- Ethereum
- Cheque
- Visa
- Mastercard
Popular payment methods used for withdrawing cash from international online casinos include:
- Bank transfer
- Visa & MasterCard credit and debit cards
- Neteller
- Skrill
- EntroPay
- EcoCard
- ClickandBuy
Note that processing times can vary depending on your chosen withdrawal method. Refer to the individual casinos banking guidelines or withdrawal FAQ section for further details.
Minimum withdrawal limits at online casinos
Online casinos enforce minimum withdrawal limits, which means you must have a certain amount of money in your account before you can claim your winnings. These minimum withdrawal restrictions are low and shouldn’t bring any issues; we’ve listed some examples to give you an idea what to expect:
- Tahiti Casino – $50 cash out minimum
- Wild Casino – $30 cash out minimum
- Joka Casino – $20 cash out minimum
There are also certain restrictions regarding what you can and can’t withdraw pertaining to any promotional offer. For example, if you have racked up a certain amount of winnings by playing with free spins, there may be further wagering requirements you must meet before those winning funds are available to cash out.
Always check the terms and conditions of any promotional offer or casino bonus to ensure you know the wagering requirements to avoid any potential disappointment.
Online casinos with AUD withdrawals
Australian online casinos cater extensively to dollars and you will find many withdrawal options you are familiar with.
The most common ways Australians withdraw from online casinos in 2024 is via bank transfer, Visa (it must be the card you used to deposit) and even via cryptocurrencies (including BTC and ETH).
AUD casinos with convenient withdrawal methods include:
