Do casinos release big wins instantly?

[Japinat]

I haven’t won really big in a casino or sportsbook, so I’m making this topic to get information from users who have already hit big, or who know stories about bettors who have.

My question is, do casinos release big wins instantly, like it’s just part of their normal process?

Please share your experiences so we can be aware..
And if there are any requirements aside from KYC, let us know so we can prepare for it in case we get lucky and hit the jackpot in the future.

[cryptoaddictchie]

I haven’t won really big in a casino or sportsbook, so I’m making this topic to get information from users who have already hit big, or who know stories about bettors who have.

My question is, do casinos release big wins instantly, like it’s just part of their normal process?

Please share your experiences so we can be aware..
And if there are any requirements aside from KYC, let us know so we can prepare for it in case we get lucky and hit the jackpot in the future.

Like to know this too. Actually theres a lot of big winners that I saw winning on Casino, and they been announced as winner and saw their very happy cause they earned millions. I'm not sure though if that will be given right away to winners or needed some sort of KYC or needed anything before able to claim the prize.

[Agbamoni]

Local casino most times dont release big win because they want he gambler to come over so they can take a photo with him to be used as an advert too. Whine some physical casinos would send you cash instantly especially in the UK. However, I have no idea for online casinos, normally you are supposed to receive the money after making withrawal, but after hearing some complains from people who have won big, I think some less reputable casinos go to the extent of freezing the account of the user until they contact support.

[traderethereum]

Sometimes they are released but sometimes not. That is what I guess because we never know when they will be released to the public or kept on their site. I haven't won big in casinos or sportsbooks but if I win that big, I don't want the casino to publish me to the public. Well, they can publish my nickname but not my real name and it's better to keep silent.

Filling out KYC may be necessary if you win big because casinos want to know their members in detail. You can prepare your document from now on so when you win big, you can directly fill out the KYC and process your winning.

[aylabadia05]

In my experience, the big wins I've received several times, and based on my friends' experiences, there's a limit. If the limit is too high, you're required to complete the KYC process.
These big wins are only slightly larger than the amount of money you've wagered. This is what I've observed while playing, especially with slots.
This experience was from playing at a fiat casino.
Perhaps the admin uses a random system by controlling the user's account IP address.

[Russlenat]

..but if I win that big, I don't want the casino to publish me to the public. Well, they can publish my nickname but not my real name and it's better to keep silent.

I think there’s a privacy law that prevents them from doing that without your consent, especially if it’s protected by law. But if there’s no such protection, you really need to read the TOS carefully when signing up. If it’s written there that they can share the names and photos of their big winners, then you have no choice, either forfeit your winnings or take them but go against your principles.

[Hispo]

I haven’t won really big in a casino or sportsbook, so I’m making this topic to get information from users who have already hit big, or who know stories about bettors who have.

My question is, do casinos release big wins instantly, like it’s just part of their normal process?

Please share your experiences so we can be aware..
And if there are any requirements aside from KYC, let us know so we can prepare for it in case we get lucky and hit the jackpot in the future.

I think it depends on the policies of the casino, how regulated they are and also the level of liquidity they have. Obviously, a casino which is tightly regulated and does not have much liquidity, will be hesitant to release the funds to the lucky gambler (it can also happen with unregulated casinos which are operated with little money). Regulation is often associated with high levels of scrutiny and more complex processes of Know your client, so they could be prompted by regulators to ask winning gamblers to have full KYC before being able to receive their prizes.

That is why there are some gamblers in this ecosystem who prefer to submit all their documents and get their KYC cleared up before gambling, so casinos won't have a excuse not to release winnings as fast as possible.

[Charles-Tim]

My question is, do casinos release big wins instantly, like it’s just part of their normal process?

I remember when Stake was hacked and over $40 million was stolen by the hacker. The gambling site continues to operate because it is a big gambling site more than that. So if someone win huge amount on Stake, they will release the money.

So this will depend on the gambling site. If the gambling site does not release the money fast, it is possible that they do not have the money. This is a disadvantage of using a small gambling site.

[Pandu Geddon]

And if there are any requirements aside from KYC, let us know so we can prepare for it in case we get lucky and hit the jackpot in the future.

I'm not sure, because I've never won a large amount or been awarded a jackpot. But maybe you should also consider the casino where you won that large sum. For established casinos, I believe they will pay out your winnings easily, as long as there is nothing wrong with your account.
A different situation may occur with winnings at new casinos. I experienced it myself, even with a win of a little over $1000. Although they eventually paid, it was still not done instantly. I believe that winnings of that amount would not affect the casino, but for certain casinos, it might complicate things too much.

[Japinat]

My question is, do casinos release big wins instantly, like it’s just part of their normal process?

I remember when Stake was hacked and over $40 million was stolen by the hacker. The gambling site continues to operate because it is a big gambling site more than that. So if someone win huge amount on Stake, they will release the money.

So this will depend on the gambling site. If the gambling site does not release the money fast, it is possible that they do not have the money. This is a disadvantage of using a small gambling site.

I don’t think the Stake hack is a solid basis to conclude that they always release big wins. It doesn’t work like that. Just because they managed to survive after that hack doesn’t mean they’ll instantly pay out large winnings. What about the extra KYC checks, or the anti–money laundering checks? Those kinds of processes are the reason for delays, and sometimes even for payouts being denied.

[masulum]

Some platforms will require full KYC for Big Win withdrawals as long as they're within the daily withdrawal limit. However, they'll usually consider your winnings to be fair and not fraudulent, and your chosen casino has a good reputation. I don't think there's any reason for them to disapprove your withdrawal. Check the terms and conditions to see the maximum daily withdrawal amount. As long as your account doesn't exceed that daily withdrawal limit, you shouldn't have any issues withdrawing immediately. Instant processing also depends on the queue, so even if you make a withdrawal now, it might take a few minutes for the money to received in your wallet.

[Peanutswar]

I haven't win a large sum of money but most of them base on my observation is half on this they can easily withdrawn and others still seek for a KYC to make sure they are player. I guess if you are a large sum depositor and player and the casino sees your rank with their platform that's the point they will not get doubt with the huge amount of wins, but if you aren't is for sure they will seek some information to verify you didn't abuse their system and you are a legit player and not just a bot. So those are the possible reason I've seen to make or not can withdrawn your huge wins.

[swogerino]

I haven’t won really big in a casino or sportsbook, so I’m making this topic to get information from users who have already hit big, or who know stories about bettors who have.

My question is, do casinos release big wins instantly, like it’s just part of their normal process?

Please share your experiences so we can be aware..
And if there are any requirements aside from KYC, let us know so we can prepare for it in case we get lucky and hit the jackpot in the future.

If you wanna hit it big you need to have two things, the first is the most difficult and it is to have a really good decent starting balance, the second one is easy, at least in Pragmatic Play slots, you should always try the game that come out latest, the latest games as in there usually in very well known established casinos the big wins usually come. I am not saying this method is future proof but I have collected enough evidence from the youtube streamers that those who do play games only released recently those are the ones making really good substantial wins. Now I don't know in other providers as I almost never play them though I am assuming here to be the same, as most providers use almost the same algorithms when building their slots, when they drain your money at least I am sure they use the same one  .

[robelneo]

My question is, do casinos release big wins instantly, like it’s just part of their normal process?

I haven’t won a significant amount, how I wish I could, so I can base my answer on my experience, all I know is it should be instant but casinos always make sure that the winnings are won fairly, so they usually check your bets and ask for KYC for a possible duplicate account, some casinos implement withdrawal limit.

Please share your experiences so we can be aware..
And if there are any requirements aside from KYC, let us know so we can prepare for it in case we get lucky and hit the jackpot in the future.

Just play fair and provide the correct information when asked to do KYC, and you are good to go. Most importantly, play in a reputable casino to avoid false allegations of cheating, which could prevent you from withdrawing your earnings.

[goldkingcoiner]

I haven’t won really big in a casino or sportsbook, so I’m making this topic to get information from users who have already hit big, or who know stories about bettors who have.

My question is, do casinos release big wins instantly, like it’s just part of their normal process?

Please share your experiences so we can be aware..
And if there are any requirements aside from KYC, let us know so we can prepare for it in case we get lucky and hit the jackpot in the future.

Depending on the size of the win, I think sometimes casinos have to stall for time in order to come up with the money.

Although I think that pertains mostly to smaller casinos, I think even large casinos can be caught low on liquidity sometimes. They would never admit it publically though. Maybe they will just make you run circles because of some "issue" or other until they can release the funds. Very frustrating for the user and I have seen enough people complaining on these forums to believe this to be true.

But who knows?

[yahoo62278]

I haven’t won really big in a casino or sportsbook, so I’m making this topic to get information from users who have already hit big, or who know stories about bettors who have.

My question is, do casinos release big wins instantly, like it’s just part of their normal process?

Please share your experiences so we can be aware..
And if there are any requirements aside from KYC, let us know so we can prepare for it in case we get lucky and hit the jackpot in the future.

It should show in your balance immediately. You shouldn't get a kyc prompt until you go to wd i believe but assuming you pass that if asked you can wd immediately. It all depends on the casino you're playing on, but all should be in your account.

[CryptoHeadlineNews]

I haven’t won really big in a casino or sportsbook, so I’m making this topic to get information from users who have already hit big, or who know stories about bettors who have.

My question is, do casinos release big wins instantly, like it’s just part of their normal process?

Please share your experiences so we can be aware..
And if there are any requirements aside from KYC, let us know so we can prepare for it in case we get lucky and hit the jackpot in the future.

Inasmuch as you do not violate the casino's terms and condition, and do not gamble a restricted country. Because I literally don't think any genuine casino will have any excuse not to pay it's gambler when they win huge sum of money, since people have lost huge sum to gambling, and it will literally cost no harm paying people who win huge too. Because in most scenario, it's only just that such user might be asked to complete KYC if he/she wasn't a verified user before. And that's enough reason why it's always good gamblers prioritize reputable casinos, so that whenever they are lucky enough to win big, they won't have any issue.

[qwertyup23]

My question is, do casinos release big wins instantly, like it’s just part of their normal process?

Yes- generally, a casino is mandated to release the jackpot prize to whoever is qualified to receive it. In other words, casinos should immediately release the funds to their players as soon as they hit the jackpot.

Now this part becomes tricky: if you read carefully the Terms of Service (ToS) of each gambling website, they stipulated the requisites in order to withdraw money from their website. If you won the jackpot, then they might review first the game and order you to submit further KYC documents for legal purposes (also to prevent money laundering). If everything checks out, then they are mandated to award the jackpot prize to your account for your pleasure.

In the event that the gambling website refuses to award your winnings, then you might've violated something listed on their ToS. This is exactly the reason on why it is recommended that every person reads it because they can outright refuse to award the jackpot for the slightest violation you might've committed in the process.

[BitMaxz]

If that is a pretty huge win, they are going to ask for a KYC verification, I think, for verification purposes that you are the sole owner of the account. I don't remember the casino site. If I remember correctly, someone made a thread about a scam accusation because he won a big amount, but he can't immediately withdraw the winning amount because it is asking for KYC. The name he provided is different from what is on the document he submitted. I don't know if that guy got his huge win but some casino here; I think they are going to ask for verification to make sure. Before they release the big amount, they will ask for a few documents. It won't be long, I guess, after the KYC is verified.

However, most of the casino we see here seems they release the huge amount immediately without KYC; at least the majority of them promise they release the big wins instantly.

[Wonder Work]

I have seen significant wins. They are also announced immediately, but since they are large amounts, the money is transferred by doing KYC properly before sending it. Since the amount is large, sending the money may take some time.
There is nothing to be confused about because this time, the winner can be sure that he has completed the KYC. There is no doubt that he will get his money. Again, many platforms pay all the money immediately.