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After winning a great prize, the seamless ultra-fast withdrawal is your next big dream! If you can’t get your reward your winnings won’t have any value and the fun turns into a nasty shock. Here, the importance of supporting multiple payment methods and providing quick withdrawals to players. Unfortunately, many cricket betting players can regularly face problems when they want to withdraw their winnings, so in this quick article, we will give you all the reasons why the withdrawal process may be suspended or frozen and how to avoid them. These sites offer their players a comprehensive package of special offers and bonuses, support a wide range of payment methods, support fast deposits and withdrawals, and are able to meet all your requirements and desires.
Account Verification at Cricket Betting Sites
Account verification delay is one of the most common problems among cricket betting players. Online cricket betting must adhere to international regulations to ensure that players are protected against fraud and at the same time to prevent money laundering.
This is one of the requirements for a betting site to maintain its license. The betting site does not do this for fun.
Cricket betting sites often refer to this account verification process as the ‘Know Your Customer’ process. This checks whether the players are who they say they are. It is also checked whether the money that has been played with actually belongs to the player, plus whether this has been obtained in a lawful manner. It is of course not allowed to use illegally obtained money at a respectable online betting site.
Waiting time of Payouts
The second factor that affects the waiting time of the payouts is the type of payment method and/or payout method used.
E-wallets such as Skrill, Neteller and PayPal are safe, secure and handle transaction requests almost instantly. This means that the player really only has to wait for the approval of the betting site and immediately afterwards sees the money appear in his account.
Other payment methods such as Trustly, Pay n Play are also known as payment methods where the money is almost immediately in your bank account. On a betting site with PaySafeCard, you have to use a different payment method, such as a regular bank transfer.
At some online sports betting sites, direct payout is also possible via a regular IBAN bank transfer. In most cases, this will take a few working days. We always recommend using Trustly if you have the option. Credit card transfers are also slower.
The last and most annoying cause can be a withdrawal limit. Some online betting sites without GamStop have a maximum payout amount on a weekly or monthly basis.
In a number of cases, this is only a few thousand euros. Online betting sites do this to protect themselves in terms of cash flow, but there are also some sites that simply hope you gamble again.
This is very annoying if you have won a substantial amount. That is why we especially recommend that you only play at the best online cricket betting site. If you do want to go somewhere else, always open a review to look at the limits on payouts.
Only Play on Online Cricket Betting Site With Fast Payouts
Fast payouts are a must for any online betting player, novice or more experienced. An online betting that pays out quickly meets one of the most important criteria that a reliable online betting must meet.
Fast payouts say a lot about online betting sites. Here are some examples:
- The online cricket betting site is financially strong and stable: To make instant payouts, the online betting site must of course have sufficient money in the accounts with every available payment method. Betting sites offer many different payment methods and all accounts must of course contain enough money to be able to pay out hundreds or thousands of players per day.
- Good Customer Service: Successful customer service requires a well-qualified support staff who is available 7 days a week, 24 hours a day. Of course, the online betting site has no closing times, so neither does customer service!
- Fairness: Fast payouts usually indicate that it is a fair and good sports betting site. These types of cricket betting sites will not withhold your money in the hope that you will tire of waiting and playing again. Unfortunately, some betting sites are known to actually use this tactic. There’s even an official name for it: ‘reversing your winnings’. As this practice is so provocative the UKGC has directed betting sites to abolish it completely. However, this does not apply to offshore gambling sites as they are not licensed by the British Gambling Commission, so you have to go the extra mile to find sites that are right for you.