Hey there! Thanks for staying tuned to our Online Casino Series by Rescuebet. I’m Sharon, Rescuebet brand ambassador. In this video, we’re going to discuss about the importance of withdrawal limit and cashout limit.
Have you ever wondered why it is so easy to make deposits in online casinos yet they could be quite restrictive when it comes to withdrawals limit and cashouts? Well, we are going to say outright that withdrawal limit are nothing short of necessary. Why is this so? Simply take the time to watch this video to find out more…
So what is a Withdrawal Limit?
For players to not have any misunderstanding with platforms that they intend to withdraw their winnings from, they need to have a solid grasp of the meaning of the term “withdrawal limit”. Simply put, it is a cap that is placed on the maximum amount of money that you can withdraw per transaction. There is also a time limit involved, which also restricts the number of times you can withdraw.
For instance, you might just be able to withdraw once per week and that withdrawal is capped at $5,000. Ultimately the limits are entirely based on the online casino you are using. And know there are also online casinos that stand out when it comes to processing withdrawals as hassle-free as possible (and RescueBet is definitely one of them).
Why Is It Important?
Knowing cashout limit will allow players to schedule the best time to withdraw their money without having to go through the inconvenience of not knowing when they will receive it. It is important for casinos because it allows them to easily manage these withdrawals which can be very voluminous at times.