Jackpot City Withdrawal Options
Now, we’ll talk about the Jackpot City withdrawal options, called also withdrawal methods, and how they work, step by step. It will be done in more depth than in our Jackpot City Casino review where we have just included a list of payment processing options.
Thanks to SSL encryption technology, Jackpot City Casino offers safe and secure banking online. Any personal information that players fill out like when they sign up for an account or enter their bank information, will always be safe.
In Jackpot City, PayPal, Neteller, and Skrill have the quickest withdrawal times with 48 hours after completion of the KYC compliance requirements while the slowest is by cheque.
Jackpot City Withdrawal Methods
If possible, withdrawals should be done with the same media used for the deposit (outbound transfer to your Jackpot City account).
So if you deposit with PayPal, like I do, then use PayPal for the withdrawals: they take place two days after your request in the dashboard.
All these methods are available, but that does not mean that they are available in your country.
For example, Sofortüberweisung is available only in some countries of Central Europe.
| Jackpot City Withdrawal Methods | Withdrawal Timings | Min. withdrawal Limit |
|---|---|---|
| VisaElectron | 2-6 Business Days | 10 € |
| ecoPayz | 24-48 Hours | 10 € |
| Visa (a user in the forum was not allowed to use Visa for withdrawals) | 2-6 Business Days | 10 € |
| CourieCheque | 14-21 Days | 10 € |
| BancariaLocal | 3-7 Business Days | 10 € |
| NETELLER | 24-48 Hours | 10 € |
| InstaDebit | 2-6 Business Days | 10 € |
| MasterCard (a user in the forum was not allowed to use MasterCard) | 2-6 Business Days | 10 € |
| eCheck | 3-5 business days | 10 € |
| iDebit | 3-7 Business Days | 10 € |
| Qiwi Wallet | 24-48 Hours | 10 € |
| Postepay | 2-6 Business Days | 10 € |
| EntroPay | 2-6 Business Days | 10 € |
| eKonto | 2-6 Business Days | 10 € |
| WebMoney | 2-6 Business Days | 10 € |
| PayPal | 24-48 Hours | 10 € |
| WireTransfer | 2-6 Business Days | 10 € |
| Yandex | 24-48 Hours | 10 € |
| Moneta.RU | 2-6 Business Days | 10 € |
| Transferncia | 2-6 Business Days | 10 € |
| Cheque | 14-21 Days | 10 € |
| Skrill | 24-48 Hours | 10 € |
| VisaDelta | 2-6 Business Days | 10 € |
We can add consider these withdrawal options
- ACH
- ClickandBuy
- MasterCard
- Neteller
- Pay Spark
- instaDebit
- Visa
- EcoPayz
- EZIPay
- QIWI
- Skrill
- iDebit
- iBanq
- Easy EFT
Does Jackpot City Accept PayPal?
Jackpot City accepts PayPal as a deposit option and as a withdrawal method.
I recommend you use the same payment processing for the deposit and for the withdrawal, to avoid at least partly the AML protocols triggered when processors utilized for the deposit of funds are different than the processors for the withdrawal.
Typical case for New Zealand and Canada, the ones that we have studied in depth is to deposit with a prepaid debit card and withdrawing via Qiwi or Interac, or wire transfer to your bank account.
Jackpot City Withdrawal In Canada
Although the availability of deposit methods exceeds that of withdrawal options in Jackpot City, the encouraging aspect is the inclusion of Canada-specific banking choices like Interac, a highly reputable financial brand in Canada.
So In Canada, my advice is to accelerate withdrawal times with Jackpot Cty casino by using Interac both for deposit and for withdrawals.
Additionally, players have access to other reliable and secure banking methods, including eCheck, ecoPayz, Visa, MuchBetter, iDebit, and INSTADEBIT.
While Apple Pay, VISA, and Mastercard are convenient for deposits, they cannot be used for withdrawals. Hence, it’s advisable to register an alternative payment method to ensure smooth transactions, especially if your preferred option is not available for withdrawals.
Jackpot City Withdrawal Problems
It’s important to consider several factors before initiating a withdrawal at an online casino. First and foremost, verify if you’ve fulfilled the wagering requirements when playing casino games, particularly if you’re withdrawing funds after receiving a bonus.
In instances of substantial withdrawals, the casino might require specific documentation.
This procedure is a standard security measure (KYC compliance) to safeguard both the player and the casino.
The required documents often include a copy of your driver’s license and a recent utility bill to confirm your address (hence, Know Your Customer).
To prevent any delays, it’s a good idea to have these documents readily available even before you decide to claim your winnings.
Once the 24-hour pending period concludes and your documents are verified, your withdrawal will be processed.
To avoid these problems and delays that could generate later customer complaints is why I suggest that you attach a copy of your ID at the moment in which you create an account with Jackpot City as explained here step-by step.
For residents in the UK, Canada and New Zealand this accelerates the process a lot, and your subsequent withdrawals are almost performed immediately.
For EU residents, I have not tested the process, but it seems reasonable that the process is accelerated as well after the KYC compliance.
Jackpot City Withdrawal Time
Withdrawing winnings from Jackpot City online casino is quite straightforward and similar to depositing funds.
The primary difference is the time it takes for the transaction to complete.
Withdrawals typically have a minimum 24-hour processing period, as Jackpot City usually impose a 24-hour pending time. Additionally, withdrawals are processed only on weekdays, meaning requests made on a Friday will be processed the following Monday at the earliest.
The 24-hour holding period is legally required to deter fraudulent activities and serves to verify the identity of the recipient before the disbursement of funds. This procedure aligns with global financial regulations and practices.
JackpotCity implements a 24-hour pending window for transactions, consistent with practices at numerous online casinos, indicating that withdrawal requests will be processed after this period. During this time, players have the opportunity to cancel their withdrawal requests. This can be achieved by navigating to the Banking section, selecting the Reverse Withdrawal option, and specifying the amount to be returned to their casino account.
Despite some skepticism from players who may perceive this delay as a casino tactic to retain funds with the hope that players will decide against withdrawing their winnings, this perception is inaccurate. While it is true that deposits are credited instantly and withdrawals can take up to five days, the waiting period is established for legitimate reasons and is not a strategy to encourage players to continue gambling.
After the initial 24-hour waiting period concludes, the funds are transferred from the casino to the banking and processing institutions responsible for the final disbursement. As a result, the time it takes for players to receive their winnings can vary, typically ranging from 1 to 5 business days. While some players may see their funds credited within a single day, others may experience delays of 2, 3, 4, or even up to 5 days.
Casinos known for delayed payouts or failure to disburse funds altogether are often placed on a blacklist, which can significantly hinder their operations. However, a withdrawal timeframe of 1 to 5 business days should not be misconstrued as poor service or an indicator for blacklisting. Such a timeline is within acceptable standards, demonstrating that the casino is adhering to sound business practices.
Withdrawal Times For Canada
JackpotCity Online Casino specifies a withdrawal timeframe in Canada of approximately 24 hours, with the caveat that no transactions are processed over the weekend.
Withdrawals exceeding C$2000 by Canadian players trigger an additional verification step by the casino, potentially extending the waiting period.
This verification can prolong the process by up to 7 business days, resulting in a total wait of at least 8 business days in such instances. This is the maximum period and users report between 3 or 4 days in practice when we started to measure early 2024.
Are There Withdrawal Requirements In Jackpot City?
Upon joining JackpotCity Online Casino, players are often welcomed with bonus funds to kickstart their gaming experience. However, these bonus funds are not immediately withdrawable. Players are required to engage with their bonus by playing games, a common practice across online casinos designed to ensure bonuses are utilized for gaming purposes.
This is where wagering requirements come into play, a stipulation that players must meet to withdraw bonus earnings. These requirements, sometimes called rollover or playthrough conditions, mandate that a player bets a specific multiple of the bonus amount. For instance, a $100 bonus with a 40x wagering requirement means the player must wager $4000 before withdrawing any proceeds. This rule applies across all games, from slots to table games.
Wagering requirements serve a dual purpose: they protect the casino from immediate bonus withdrawals without gameplay and are a legal safeguard against financial crimes, such as money laundering, through online gambling platforms.
Step-by-Step Withdrawal Process
Go to the “Bank” menu inside your Dashboard.
Inside, select “Withdraw” and you will find the available withdrawal methods according to your country.
Neteller is a preferred option, along with eChecks. However, a wire transfer is also quite good: Deposit with a wire transfer and withdraw with the same banking account.
Select how much you would like to withdraw.
If you change your mind during the process, simply go back to the “Bank” menu inside your dashboard, and in the Withdrawal option, you can proceed to a reverse withdrawal.
