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Online Casino Deposit and Withdrawal Guide

Deposit Withdraw

If you've ever had the pleasure of visiting any of South Africa's live casinos, you know how easy it is to get your money into the game. All you have to do is feed your banknotes into a slot machine or purchase chips from the dealer at your gaming table and you can start playing. When you're ready to call it a night, it's nearly as easy to claim your cash. Simply walk across the casino floor to the cashier and redeem your chips, smart card, or slot machine payout slip for Rands.

When you play on the internet, depositing and withdrawing money can require a little more effort and patience. Yet it isn't hard to get your funds in and out of the game. Fortunately, we've created this handy resource to get you acquainted with the process. Whether you're new to online casinos or gambling in general, this guide will help you get started.

Getting to Know the Cashier

Before you can get your money into the game, you'll need to create an account with the casino. Signing up rarely takes more than a minute or two and involves providing some brief personal info, selecting a password, and agreeing to standard terms and conditions. Remember that in order to enjoy internet gambling, you'll need to be at least 18 years of age. Since you will be asked to provide identification prior to cashing out, we advise against registering if you have not reached legal age.

Some gambling sites require you to download software or apps before you can play, but you may find that your casino lets you play directly in your internet browser. No matter how you access the games, you'll want to get familiar with the cashier. That's the banking area of the online casino. Whether you want to deposit funds, cash out, or track past transactions, the cashier is where the magic happens. Just look for a button marked cashier in the lobby to access the banking area.

Making Your Deposit

One of the great things about gambling online is that casinos make it easy to get your money into the game. Not only is it possible to fund your account instantly, but most sites accept a variety of safe, secure, and convenient deposit options. We'll run down all your choices below, but it's important to know that the exact methods available to you vary depending on where you play.

If you've ever shopped on the internet, making a deposit will feel familiar. Instead of deciding what to purchase, you'll need to decide how much cash you want to bring into the game. Initiating your deposit is a lot like checking out at an online store. Besides entering the amount of your deposit, you'll need to select a banking method, and enter your payment details. In the case of a credit card, expect to provide your card number, expiry date, security code from the back of the card, and billing address. After clicking to confirm, your payment will be processed instantly and you can head directly to the tables. Keep in mind that the process differs slightly if you choose an electronic wallet, bank transfer, or payment voucher. In addition, not all deposit methods are instant. You can typically find detailed instructions and timelines within the cashier or on the casino's homepage.

Exploring Your Deposit Options

Online casinos are all about choice. Not only will you have instant access to hundreds of games around the clock, but the best online gambling sites let you choose how to get your funds into the game. While you'll certainly be familiar with some of your options, it's worth exploring all the possibilities, especially since not all forms of payment are accepted on all sites.

Credit Cards

If you already have a Visa, MasterCard, or American Express in your wallet, you probably already use your plastic online. With the exception of Amex, most credit cards are welcome at the majority of popular gambling sites. If you were paying attention in our deposit example above, you'll know that credit card payments are instant, but did you also know they are secure? Online casinos use the latest encryption to process payments safely, but your bank won't hold you liable in the rare event that there are unauthorised charges. Credit cards also give you the power to play now and pay later, so make sure you always play responsibly.

Debit Cards

Debit cards work just like credit cards except they're directly tied to your bank account. That means you'll need to have the funds available before you can bring them to the tables. You can use a MasterCard or Visa debit card wherever you see the logo displayed. If an online casino only mentions credit cards, your debit card should work perfectly.

Electronic Wallets

Electronic wallets are the twenty-first century's answer to your leather billfold. They are secure accounts that can store cash balances and be linked to your credit cards, debit cards, and banking info. Many South Africans are familiar with PayPal, which is the world's most popular e-wallet, but Skrill and Neteller are far more popular at online gambling sites. These services all offer instant payments and spectacular security since your e-wallet provider processes your deposit and send the cash to the casino in real time.

Wire Transfers and Instant Banking

Many casinos let you make a deposit directly from your bank account without signing up for new services like e-wallets. These deposits typically work in conjunction with your internet banking services. If you don't like banking on the web, some sites do welcome old fashioned wire transfers either through your branch or third party services like Western Union.

Prepaid Cards

While it's technically impossible to feed banknotes into your laptop or tablet, you can take advantage of prepaid cards like EntroPay and EcoCard to make an online casino deposit. You can also use reloadable Visa and MasterCard debit card as well as gift cards. Prepaid cards are popular among players who want greater privacy.

Bitcoin

The burgeoning digital currency is now accepted at several online gambling sites. Bitcoin isn't just instant but it lets you play with as much discretion as possible. If you already use bitcoin, it's a great choice at casinos that accept it.

Withdrawing Your Winnings

If you are like most South Africans, you're probably hoping to hit the jackpot. Yet whether you win millions or a more modest sum, you can't spend your money until you cash out. Fortunately, gambling sites give you a variety of ways to retrieve your winnings. In fact, many of the deposit options listed above also work for withdrawals. In addition to credit cards, debit cards, bitcoin, and electronic wallets, you may be able to receive a cheque by courier or mail. To withdraw your winnings, just visit the cashier. You'll need to choose your method and size of your withdrawal.

Players should be aware that cashing out is slower than depositing. Also, some withdrawal methods may only be available if you've already used them to deposit. For example, you won't be able to cash out your winnings to a MasterCard if you deposited with a bank transfer. Don't forget that if you've claimed a bonus, you may need to meet certain wagering requirements before you can claim your winnings.

Online Casino Payout Speeds

As we mentioned earlier, you may need to verify your identity or prove that you are of legal age before you can claim your money. This typically involves completing an online form or sending photos of your identification. You'll usually only have to do this once. While these procedures are standard, it's important to play exclusively at licensed and regulated sites. It's simply a bad idea to provide your payment and personal information to a potentially rogue site.

There are several reasons why deposits are faster than withdrawals. You might not realise it, but when you cash out, your request must first be manually approved by an agent. This can take anywhere between a few hours and a couple business days at reputable casinos. Yet even after your withdrawal is approved it won't immediately be in your hands. If you cash out using a credit card, the casino will credit your account promptly but it can still take up to a week for the money to make its way through the network. Fortunately, some banking methods like Bitcoin and electronic wallets aren't at the mercy of the dated banking system, which means you can get paid more quickly. Yet if you choose a cheque by mail, it can take a couple weeks to get printed and make its way to your door. Fortunately, you can find the service standards posted in the cashier, so you'll always know what to expect.

Fees, Limits, and Currency Considerations

Although some banking methods have fees, most gambling sites offer at least a few free methods for your convenience. In addition, most casinos and payment providers are transparent about any charges you might face. You can visit the cashier or our individual payment pages for more information. Every site has its own minimums and maximums for deposits as well as withdrawals, which vary by banking method.

It's important to remember that not all sites offer games in ZAR. If you choose to play in another currency, you may face currency conversion fees when funding your account and again when claiming your winnings. While these charges may seem minimal, they can impact your bottom line.

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