{"id":22128,"date":"2024-05-30T07:48:40","date_gmt":"2024-05-30T07:48:40","guid":{"rendered":"https:\/\/instantcasinos.com\/?page_id=22128"},"modified":"2024-05-30T07:48:40","modified_gmt":"2024-05-30T07:48:40","slug":"withdrawal-fees","status":"publish","type":"page","link":"https:\/\/instantcasinos.com\/online-casinos\/guides\/withdrawal-fees\/","title":{"rendered":"Understanding Withdrawal Fees: Are They Worth the Cost?"},"content":{"rendered":"<p><strong>Casino withdrawal fees are the price charged to customers for withdrawing money from their casino accounts<\/strong>. Not all casinos charge withdrawal fees, but you may encounter them as you wager online.<\/p>\n<p>You can use different methods to avoid or reduce the cost of withdrawing, so let&#8217;s look more about the practice, what you should expect to pay, and ways to reduce the amount you have to pay.<\/p>\n<div id=\"toc_container\" class=\"no_bullets contracted\"><div class=\"toc_toggle\"><div class=\"toc_arrow\"><svg width=\"24\" height=\"24\"  xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 24 24\"><circle cx=\"12.06\" cy=\"12.06\" r=\"11.8\" fill=\"#1C2642\"\/><path d=\"M6,10.45l6,6,6-6\" fill=\"none\" stroke=\"#fff\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\"\/><\/svg><\/div><div class=\"toc_title\">Table of contents<\/div><\/div><ul class=\"toc_list\"><li class=\"toc_menu_level_1\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Why_Do_Some_Instant_Casinos_Charge_Fees\">Why Do Some Instant Casinos Charge Fees?<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_1\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Which_Factors_Affect_Withdrawal_Fees\">Which Factors Affect Withdrawal Fees?<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_1\"><div class=\"link-content-box\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Different_Types_of_Withdrawal_Fees\">Different Types of Withdrawal Fees<\/a><div class=\"toggle_menu_arrow\"><svg width=\"40\" height=\"40\" viewBox=\"0 0 40 40\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<path d=\"M16 18.6665L20 22.6665L24 18.6665\" stroke=\"#1C2642\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg><\/div><\/div><\/div><ul class=\"child_toc_menu level_1\"><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Fixed_Withdrawal_Fee\">Fixed Withdrawal Fee<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Percentual_withdrawal_fee\">Percentual withdrawal fee<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Currency_conversion_fee\">Currency conversion fee<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Other_transaction_fees\">Other transaction fees<\/a><\/div><\/div><\/li><\/ul><\/li><li class=\"toc_menu_level_1\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#How_Much_Should_You_Expect_to_Pay\">How Much Should You Expect to Pay?<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_1\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Common_Withdrawal_Payment_Methods_Fees_Times\">Common Withdrawal Payment Methods, Fees &amp; Times<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_1\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Tips_For_Avoiding_Payout_Transaction_Fees\">Tips For Avoiding Payout Transaction Fees<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_1\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Verification_Processes_For_Withdrawals_Explained\">Verification Processes For Withdrawals Explained<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_1\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Dealing_With_Casino_Withdrawal_Disputes\">Dealing With Casino Withdrawal Disputes<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_1\"><div class=\"link-content-box\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Crypto_Casino_Withdrawal_Fees_Questions_And_Answers\">Crypto Casino Withdrawal Fees: Questions And Answers<\/a><div class=\"toggle_menu_arrow\"><svg width=\"40\" height=\"40\" viewBox=\"0 0 40 40\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<path d=\"M16 18.6665L20 22.6665L24 18.6665\" stroke=\"#1C2642\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg><\/div><\/div><\/div><ul class=\"child_toc_menu level_1\"><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#What_are_gambling_fees\">What are gambling fees?<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Do_online_casinos_charge_fees\">Do online casinos charge fees?<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Why_do_some_fast_payout_casinos_charge_fees\">Why do some fast payout casinos charge fees?<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Can_I_avoid_paying_casino_withdrawal_fees\">Can I avoid paying casino withdrawal fees?<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Which_banking_methods_don8217t_have_withdrawal_fees\">Which banking methods don&#8217;t have withdrawal fees?<\/a><\/div><\/div><\/li><\/ul><\/li><li class=\"toc_menu_level_1\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Resources\">Resources<\/a><\/div><\/div><\/li><\/ul><\/div>\n<h2><span id=\"Why_Do_Some_Instant_Casinos_Charge_Fees\">Why Do Some Instant Casinos Charge Fees?<\/span><\/h2>\n<p><a class=\"accu-table-cell_keyword__text-item\" href=\"https:\/\/instantcasinos.com\/\" data-tooltip-html=\"Show rank history for 'instant withdrawal casino'\" data-tooltip-position-strategy=\"fixed\" data-tooltip-delay-show=\"300\" data-tooltip-delay-hide=\"0\" data-tooltip-variant=\"dark\">Instant withdrawal casinos<\/a> and merchants in general, have to pay a percentage of every transaction to the service provider. The service provider is the payment service you use, such as at a Visa, Skrill, or cryptocurrency. So, if you are depositing funds of \u00a3100 at a Skrill casino, the casino will pay a percentage of that to Skrill.<\/p>\n<p>The cost of these fees can be as much as 10% of the value of the transaction. In order to offset this overhead online casinos charge customers a fee to complete transactions with their site.<\/p>\n<p>The site might request that a customer pay the whole fee or just part of it. It helps casinos maximize the amount of profit they can extract from their service.<\/p>\n<figure id=\"attachment_22906\" aria-describedby=\"caption-attachment-22906\" style=\"width: 740px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-22906\" title=\"casino withdrawal fees\" src=\"https:\/\/instantcasinos.com\/wp-content\/uploads\/2024\/05\/casino-withdrawal-fees.jpg\" alt=\"casino withdrawal fees raging bull banking options\" width=\"740\" height=\"389\" srcset=\"https:\/\/instantcasinos.com\/wp-content\/uploads\/2024\/05\/casino-withdrawal-fees.jpg 1078w, https:\/\/instantcasinos.com\/wp-content\/uploads\/2024\/05\/casino-withdrawal-fees-300x158.jpg 300w, https:\/\/instantcasinos.com\/wp-content\/uploads\/2024\/05\/casino-withdrawal-fees-1024x539.jpg 1024w, https:\/\/instantcasinos.com\/wp-content\/uploads\/2024\/05\/casino-withdrawal-fees-768x404.jpg 768w\" sizes=\"(max-width: 740px) 100vw, 740px\" \/><figcaption id=\"caption-attachment-22906\" class=\"wp-caption-text\">Source: Raging Bull<\/figcaption><\/figure>\n<h2><span id=\"Which_Factors_Affect_Withdrawal_Fees\">Which Factors Affect Withdrawal Fees?<\/span><\/h2>\n<ul>\n<li><strong>Payment Method<\/strong> &#8211; There is often no fee associated with a casino Bitcoin withdrawal. So using cryptocurrency can affect withdrawal fee prices.<\/li>\n<li><strong>Currency<\/strong> &#8211; Using a different currency to the one the casino operates in can apply a currency conversion charge that would otherwise not be in place.<\/li>\n<li><strong>Speed <\/strong>&#8211; If you want your payout sooner than the timeframe suggested by the casino, you may have to pay a fee or a larger fee.<\/li>\n<li><strong>Casino Systems<\/strong> &#8211; The casino may be using an automated system or a team or personnel. This process will affect how much you have to pay.<\/li>\n<\/ul>\n<h2><span id=\"Different_Types_of_Withdrawal_Fees\">Different Types of Withdrawal Fees<\/span><\/h2>\n<p>The value of casino gaming payment fees are calculated differently and vary depending on both the site and type of payment method used. These are how sites calculate the casino withdrawal payment fees.<\/p>\n<h3><span id=\"Fixed_Withdrawal_Fee\">Fixed Withdrawal Fee<\/span><\/h3>\n<p>This is a fee that is always the same amount. The transaction&#8217;s size or speed does not affect the transactional fee. This type of fee is usually employed by offshore casinos that offer one free withdrawal a week but charge for any more than that. The fee is usually a low amount.<\/p>\n<h3><span id=\"Percentual_withdrawal_fee\">Percentual withdrawal fee<\/span><\/h3>\n<p>In this case the value of the fee you pay for using different casino payment methods is calculated as a percentage of the overall transaction. The percentage is usually of single-digit value but will mean that the size of the fee is in direct correlation to the size of the transaction. You may be asked to pay this to cover operating costs or to receive your payout earlier.<\/p>\n<h3><span id=\"Currency_conversion_fee\">Currency conversion fee<\/span><\/h3>\n<p>Completing transactions with a different currency to the one the casino operates in may involve a fee. This fee could be a fixed or a percentual fee, and it is likely charged by the payment service provider rather than the casino.<\/p>\n<h3><span id=\"Other_transaction_fees\">Other transaction fees<\/span><\/h3>\n<p>In terms of crypto withdrawal fees, you will likely avoid being charged by the casino but you may have to pay gas to complete the transaction. The gas goes towards supporting and maintaining the blockchain.<\/p>\n<p><a href=\"https:\/\/www.paypal.com\/us\/webapps\/mpp\/paypal-fees\" target=\"_blank\" rel=\"noopener\">PayPal withdrawal fees<\/a> apply when using the service to receive money not sent by a family or friend. The service charges 2.9% for money received as \u201cgoods and services.\u201d<\/p>\n<h2><span id=\"How_Much_Should_You_Expect_to_Pay\">How Much Should You Expect to Pay?<\/span><\/h2>\n<p>You should not expect to pay too much and there are steps you can take to reduce the fee.<\/p>\n<p>Using crypto casinos is one step that you can take. Casino transactional fees for cryptocurrency banking are much lower than for other payment methods. In fact, usually a <a href=\"https:\/\/www.luckyblock.com\/\" target=\"_blank\" rel=\"noopener\">crypto casino<\/a> don\u2019t charge crypto transaction fees.<\/p>\n<p>Even Bitcoin gambling sites offer no fees, you may have to pay gas towards the blockchain. However, this is not charged by the casino and it is included in all crypto transactions. The money goes towards maintenance of the blockchain the token operates on.<\/p>\n<p>You can reduce the amount you pay by using alternative coins to the more popular ones like BTC or ETH. The price of gas is lower for lesser-used tokens rather than the big stablecoins. Alternatives that tend to be widely accepted include Tron, ADA, and Ripple.<\/p>\n<h2><span id=\"Common_Withdrawal_Payment_Methods_Fees_Times\">Common Withdrawal Payment Methods, Fees &amp; Times<\/span><\/h2>\n<p>Find out how much you might expect to pay for using different payment methods. We have used some of the most common withdrawal methods you will encounter such as Neteller casinos and PayPal casinos.<\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>Payment Method<\/strong><\/td>\n<td><strong>Withdrawal Fee<\/strong><\/td>\n<td><strong>Withdrawal Time<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Credit\/Debit Card (Visa, Maestro, Mastercard)<\/td>\n<td>None<\/td>\n<td>One to five days<\/td>\n<\/tr>\n<tr>\n<td>Bank<\/td>\n<td>None<\/td>\n<td>Up to 15 business days<\/td>\n<\/tr>\n<tr>\n<td>eWallet\/Third-party service (PayPal, Neteller, Skrill, ecoPayz)<\/td>\n<td>None<\/td>\n<td>Within 24 hours<\/td>\n<\/tr>\n<tr>\n<td>Cryptocurrency<\/td>\n<td>None<\/td>\n<td>Usually within an hour<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span id=\"Tips_For_Avoiding_Payout_Transaction_Fees\">Tips For Avoiding Payout Transaction Fees<\/span><\/h2>\n<p>Before logging in to play a slot game, here are some tips you can employ to help avoid or at least reduce the cost of your withdrawal fees.<\/p>\n<p><strong>\u2705 Use The Same Currency<\/strong> &#8211; You will avoid currency conversion fees if you use the same currency as the online gambling site.<\/p>\n<p><strong>\u2705 Read Terms &amp; Conditions <\/strong>&#8211; Reading the casino&#8217;s terms and conditions can help you avoid banking withdrawal fees. For example, you might find out that your first withdrawal every week is free, or you can avoid withdrawal fees if you rollover your deposit at least once.<\/p>\n<p><strong>\u2705 Accept Slower Transactions<\/strong> &#8211; You may have to be willing to accept receiving your money later than you\u2019d like in order to avoid fees.<\/p>\n<p><strong>\u2705 Read Reviews &amp; Testimonials<\/strong> &#8211; Find out what the situation is like at different online casinos by reading reviews and customer testimonials. You will garner more valuable information from first-hand experiences.<\/p>\n<p><strong>\u2705 Wagering Requirements<\/strong> &#8211; Make sure you have completed any rollover related to any bonuses you\u2019ve claimed.<\/p>\n<h2><span id=\"Verification_Processes_For_Withdrawals_Explained\">Verification Processes For Withdrawals Explained<\/span><\/h2>\n<p>Online casinos require players to verify their identity before they allow withdrawals from the website. This process usually involves sharing two forms of identification: one with a photo and another with proof of address.<\/p>\n<h2><span id=\"Dealing_With_Casino_Withdrawal_Disputes\">Dealing With Casino Withdrawal Disputes<\/span><\/h2>\n<p>When you encounter any issues completing fast withdrawals, these are the steps you can take for a positive outcome.<\/p>\n<ul>\n<li><strong>Read The Casino Policy<\/strong> &#8211; Make sure you have met any required terms and conditions before withdrawing.<\/li>\n<li><strong>Contact Customer Service<\/strong> &#8211; Start by using the chat feature and escalating each time your issue is unresolved.<\/li>\n<li><strong>Contact The Regulator<\/strong> &#8211; A licensed and regulated casino cannot operate with practices that obstruct players from accessing payouts. The regulatory body of a casino has the power to compel the site to pay customers\u2019 their money.<\/li>\n<li><strong>Accurate Verification<\/strong> &#8211; You may be blocked from withdrawing if there are any discrepancies in your account.<\/li>\n<\/ul>\n<h2><span id=\"Crypto_Casino_Withdrawal_Fees_Questions_And_Answers\">Crypto Casino Withdrawal Fees: Questions And Answers<\/span><\/h2>\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3><span id=\"What_are_gambling_fees\">What are gambling fees?<\/span><\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>Gambling fees are charges made by casinos for withdrawing money from your account.<\/p>\n    <\/div>\n<\/section>\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3><span id=\"Do_online_casinos_charge_fees\">Do online casinos charge fees?<\/span><\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>Yes, it is possible that you will have to pay a fee to complete a withdrawal.<\/p>\n    <\/div>\n<\/section>\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3><span id=\"Why_do_some_fast_payout_casinos_charge_fees\">Why do some fast payout casinos charge fees?<\/span><\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>Payment services charge merchants for every transaction completed through their service. Casinos may try to offset this cost by charging a fee to customers. <\/p>\n    <\/div>\n<\/section>\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3><span id=\"Can_I_avoid_paying_casino_withdrawal_fees\">Can I avoid paying casino withdrawal fees?<\/span><\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>Yes, there are steps you can take to avoid casino withdrawal fees. These include using the correct currency and accepting slower payout times.<\/p>\n    <\/div>\n<\/section>\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3><span id=\"Which_banking_methods_don8217t_have_withdrawal_fees\">Which banking methods don&#8217;t have withdrawal fees?<\/span><\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>Bitcoin casino withdrawal fees are usually low to non-existent, so you could use a casino accepting cryptocurrencies to avoid paying withdrawal fees.<\/p>\n    <\/div>\n<\/section>\n\n<h2><span id=\"Resources\">Resources<\/span><\/h2>\n<p><a href=\"https:\/\/www.paypal.com\/us\/webapps\/mpp\/paypal-fees\" target=\"_blank\" rel=\"noopener\">https:\/\/www.paypal.com\/us\/webapps\/mpp\/paypal-fees<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Casino withdrawal fees are the price charged to customers for withdrawing money from their casino accounts. Not all casinos charge withdrawal fees, but you may encounter them as you wager online. You can use different methods to avoid or reduce the cost of withdrawing, so let&#8217;s look more about the practice, what you should expect &hellip; <\/p>\n","protected":false},"author":61,"featured_media":25626,"parent":17781,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-22128","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Casino Withdrawal Fees: Everything You Need to Know<\/title>\n<meta name=\"description\" content=\"Want to learn more about online casino withdrawal fees &amp; why they exist? Understand crypto casino fees &amp; how to avoid paying them.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/instantcasinos.com\/online-casinos\/guides\/withdrawal-fees\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Casino Withdrawal Fees: Everything You Need to Know\" \/>\n<meta property=\"og:description\" content=\"Want to learn more about online casino withdrawal fees &amp; why they exist? 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