TonyBet Live Casino Review - Withdrawals

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Withdrawals

Players can make a withdrawal of their winnings whenever they want. Tonybet Casino has simplified the process so players can easily focus on the thing that they enjoy the most, playing casino games. To make a withdrawal of winnings, all players have to do is to head to the Cashier and click on the Withdrawal section and choose the payment method they want to use. Enter the amount they wish to withdraw and confirm the transfer.

Tonybet Casino offers a wide range of payment options that players can use to make a withdrawal of their winnings.

The minimum amount players can withdraw will depend on the payment method they choose to use. Cryptocurrencies have a minimum withdrawal limit of $75, bank transfer has $50, and other payment methods have a minimum withdrawal limit of $15.

Players have to wait no more than 24 hours for the withdrawal to be completed. E-Wallets offer the fastest withdrawal, which in most cases is instant.

Verification Procedure

Know Your Customer and Anti Money Laundering have become very important aspects of online gambling. Tonybet Casino is legally bound to verify each user's details such as identity, age, address, and source of funds. This is a very important step that players can't simply skip because this is the only way the casino can provide a safe and secure environment.

Know Your Customer or better known as KYC is a mandatory process to check that the player is who they say they are. This is something that is done in banks and other institutions to reduce fraud and money laundering.

Online casinos deal with large sums of money and financial transactions daily. For that reason, they are the prime targets for financial crimes and money laundering. The verification procedure is designed to reduce these risks by identifying customers, and they will also monitor suspicious users and later on suspend them.

Documents To Verify Account

To verify an account, players will have to send copies of legal documents.

  • To determine the identity of the player, they will have to send a copy of the passport, ID card, or driver's license.
  • To determine an address, players will have to send a copy of a recent utility bill.
  • To determine the payment method, players will have to send a copy of the bank statement or a copy of their bank card.

In some cases, players will have to send a selfie holding their passport or write the current date on a blank page.

All data that Tonybet Casino receives is stored on secure servers that exclude leakage. Information is sent in encrypted form, thanks to SSL technology.

Players can verify their identity the moment they create their account. Anyhow, they are not required to do so. Verification is obligatory before players can request a withdrawal.

Withdrawal Bonus

Players who have met the terms and conditions and wagering requirements of a casino bonus can withdraw their winnings.

It is very important for players to fully understand the bonus terms even before they accept it. In some cases, bonuses come with wagering requirements that are difficult to meet. Because what can stop players from withdrawing bonus bet winnings, is because they haven’t met the wagering requirements or have broken a max bet game rule, for instance.

The player needs to have fulfilled all the necessary qualified terms for the bonus to withdraw the winnings. For that reason, we will go over some of the Terms and Conditions that might stop players from withdrawing their winnings.

Wagering requirements – this is the most obvious step that players have to take to withdraw bonus funds. Namely, each bonus comes with wagering requirements that players need to clear before they can withdraw their winnings. For example, a player receives $10 in bonus funds that come with 30 times wagering requirements. They will have to play $10 x 30, or $300 in bets to clear the bonus.

Max Cashout Amount – almost every bonus comes with a maximum amount a player can cash out after they have met the bonus terms. Let's say that a bonus has only a $100 cashout amount, so no matter if the player has won big and ended up with a huge balance. In the end, they can only withdraw the maximum cash amount and the rest of the funds will be forfeited.

Maximum bet amount – most casinos put a maximum bet that players are allowed to wager while playing with bonus funds. Players who bet over, those bets will not count towards clearing the wagering requirements.

Play the right casino games – not all the games are created equally, some of the games will contribute a higher percentage towards meeting the wagering requirements, while others will contribute a smaller percentage.

  • Video slot games will contribute 100% towards meeting the wagering requirements in most cases. What players need to remember here is that certain games are excluded from promotion.
  • Video poker and table games will contribute 10% towards meeting the wagering requirements.
  • Live table games will contribute 10% towards meeting the wagering requirements.
Total score8.2
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+ Wide range of softwares
+ High bonuses
+ Wide range of betting options

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