Do casinos release big wins instantly?

[len01]

From my experience, I have never had any problems withdrawing large winnings because I always complete KYC early at reputable casinos. So when I win big, cashing out goes smoothly. However, from my friend’s experience, who is also on this forum, he has had several big wins at certain casinos, with amounts over $10k. He is always asked to complete KYC before the casino releases his winnings, and almost all the casinos he plays at have the same policy. Nowadays, any casino will likely require KYC for gamblers who win big and want to withdraw their winnings.

[justinlamode]

A lot of gamblers start having problem with the casinos the moment they have made big wins, this is practically the time the casinos scrutinize the accounts to see if there is any excuse not to pay out such winning that is bad for their business. But if they search and there is nothing they can lay hands on, they have no reason than to release the winning. I have see a couple of big casinos in the forum that paid out millions in winning.

[CryptopreneurBrainboss]

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.

This should depend on how much you're taking about here because we can't expect casino to release millions of dollars to gamblers when they win without verifying if the wins are genuine or the caisnos are getting cheated. With thousands of dollars too, the verification are justifiable. I remember when I won couple of dollars and I was required to do some verification just to get my wins. I won't have to mention the casino name so as not to cause unnecessary attention as I was paid fully and had no issue withdrawing my wins after complying tinall.their requirements but it's just that I didn't expect the caisnos to be that strict but when I think about it, I believe it's necessary for the casino to carry out all due diligence to make sure they aren't associate with fraudulent activities.

[Fortify]

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's hard to say really but most well run casinos will have a rough idea of the frequency that they'll pay out big wins and it is really engineered completely under their control - they might have a threshold for earnings before a jackpot becomes eligible to trigger. Besides that, most jackpots are only accessible to people playing the higher stakes and they are likely to have gone through KYC up to this point so there should be a fairly smooth payout process. Casinos make plenty of cash so honest ones shouldn't have any issue paying out these bigger wins, we might think a million is a big number but they might do tens of millions of profit on certain days so it all balances out in their favor, there is no point for them to create an unnecessary scandal.

[Mpamaegbu]

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.

Hmm! You want to cross the bridge before you get there, right 🤔. I understand that feeling.

On your question, I don't think casinos immediately release big wins. I've read several articles and posts (even in this forum) where bettors who won huge complained of delays as casinos they won on had to make them wait to run them through checks to ensure there wasn't any cheating. In some cases, the casinos went through their IPs and made them validate their KYC. I don't know why that's. But if complaints come that way, then it must be a thing.

[Slow death]

Unfortunately, there are many cases of people who won a lot of money at crypto casinos, but when it came time to withdraw the money, it didn't arrive quickly in their wallets. On the contrary, they had to wait many weeks and only received it thanks to a lot of pressure from the community on the casino. But when people deposit a lot of money at the casino, the deposit arrives at the casino quickly.

Honestly, it's difficult to find a crypto casino that makes instant payments, even for very large amounts. The argument used when the amounts are large is that the casino needs to verify that there is no cheating. I only trust Stake; they make large payments quickly.

[Odusko]

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 read somewhere when the winner won $150,000 on stake casino and he was given 100% pay out so this make me realize that most of the big casinos will definitely give a payout without even the KYC if the account has no traces of illegals dealings, metawin is another big casinos that have being paying out huge jackpot in recent time also, so you don't have an issue if you are playing on the reputable casinos that we have around this forum.

[Shinpako09]

Yeah, I think so. Have you heard the story of Hupplepuff? I was there watching when he was betting, and of course I was also there when they said he withdrew, and right after that, they said he cheated. That means it was instant. Now, there’s KYC, and as long as there’s no suspicion in your play, withdrawals, even big ones, can still be instant. A casino asking for another round of verification when you want to withdraw isn’t a problem, as long as you’re clean, didn’t cheat, and the casino is reputable, you’re good to go, no need to worry.

[nakamura12]

A lot of gamblers start having problem with the casinos the moment they have made big wins, this is practically the time the casinos scrutinize the accounts to see if there is any excuse not to pay out such winning that is bad for their business. But if they search and there is nothing they can lay hands on, they have no reason than to release the winning. I have see a couple of big casinos in the forum that paid out millions in winning.

It's because they want to see if there's nothing wrong with it especially if they follow the rules because if they did not then there's a chance of their casino be seized due to letting people use their platform to transfer money or in other words money laundering. That's the reason why others requires KYC before you can withdraw. If there's nothing wrong then that's the time they will release the winnings to as to not make their reputation go bad.

[Ivystar5]

From what I have learnt from childhood, if you win beyond what it's expected from a sportbookie you will be called to there office headquarters with your state of region to tender your KYC physically and then you will be granted you cash price there, however if it's basically reason within their payable price you will be credited instantly.

Now for casinos this days as long as you have your KYC submitted if you win huge you will be credited within a period of time which will be shared with you before it's done, from what I have heard from others. I haven't won hugely too so my opinion is dependent from what I have heard before hand.

[mcdouglasx]

Some casinos may require multiple levels of KYC depending on the case, or depending on the amount to be withdrawn, or if there is suspicion of having broken some kind of rule, but a big winner should not have any major problems when withdrawing their money. Think of it as potential negative publicity if you put obstacles in the way of a millionaire winner and they go to the media, and that is something that no casino would want to allow.

[terrific]

I didn't experienced it yet but based on other's experiences, it depends. If the player is a VIP and they're able to pass on several KYC requirements, so big wins can be withdrawn without having any problems.
What I've seen with several scam accusations is when these players trying to withdraw in one batch all of its winnings. So, that's why it depends on the account status and VIP level. There could be threshold and limits that stops the withdrawal at the moment and trying to verify it manually.
As long as there is no problem seen in the system, they're releasing it. There might be an amount that could trigger the manual process before they approve it. Some gamblers that genuinely won their big bets becomes frustrated when they are delayed, so sometimes it's on the gamblers missing the T&C and account limits.

[rachael9385]

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 don't think they would just release big wins like that until they are very sure that the owner of the account is the one withdrawing. This is actually for security reasons sometimes, although not All platforms functions like that. A lot of them can settle those amounts as long as you have completed your KYC process. Saying all these to the best of my knowledge on platforms that operates with fiat currencies.

[avp2306]

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.

Not always because some casino ask additional verification step that's why we saw those casino asking for KYC before they release the winnings of their players.

Some reputable casino doesn't ask KYC maybe yeah. But its challenging to find a casino that will release a huge winning to their players since there are lots of casino out there.

But everything should be instant since we are dealing with crypto's here. I only encounter long delays when dealing with fiat that's why I stop using it and focus crypto since this convenient to and much ideal for people gambling online.

[Josefjix]

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.

That's exactly what I thought about, it's unlawful to win big amount that doesn't reflect on the balance immediately, any casino that doesn't operate that way seems to be scam. If there is any sketchy behavior to be done by the platform is to lock the won amount from withdrawal until further information are required.

[Cantsay]

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 haven’t won a big amount before in gambling so I really don’t have a first hand experience with this kind of stuffs but based on what I have seen online I think I can give a good shot at what actually happens.

For most casinos, like the big ones who are really funded and have lots of money they tend to treat their customers fairly and if they don’t find any clue of cheating or that the user abused their system one way or the other to win the game they’d pay them instantly especially if it’s a loyal customer but for smaller casinos they may not want to pay and go as far as accusing the user of exploiting an unacceptable tactics in winning the game. That’s basically what I think happens.

[Wapfika]

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 depends on the casino you are playing. There’s some casino that do manual review for a big amount of withdrawal to avoid losses in case the big win came from cheating.

But reputable casino release big win immediately most of the time assuming you didn’t do anything wrong and you already completed the KYC since your account have higher chance to require KYC once your balance becomes high due to the big win.

In general, reputable casino release big win instantly.

[lovesmayfamilis]

I like your optimism, OP. It is always useful to imagine our dream in all the details so everything is on the right track. If we talk about a big win, then there is a lot of information on the Internet on how to simplify the withdrawal of your legally won money from the casino. The casino, for its part, will thoroughly review your account. It is advisable to be verified in advance to avoid any misunderstandings, as we have seen in the fraud section. In addition, you should understand that the casino is interested in you not withdrawing your money for as long as possible, but rather continuing to play with it. Therefore, you can inquire about which casinos offer quick withdrawals and which inform you that it will take time. I think that the withdrawal limits will show you such things well. The main thing is to be patient and polite so that there are no "new and invented" moments for delaying the withdrawal operation.

[tabas]

With the former casino that I have played for a long time. I have seen a lot of complaints and they were all about the big amount of withdrawals that were delayed and in summary with many of them that I witnessed, some of those big amounts were legitimate wins upon verdict of their investigation. If you want to see those stories, many of them are posted in the scam accusations and those that were solved successfully have been locked and serve its purpose. So, I think if we will study on that, not all of them are instantly released.
But, no doubt those that have good history and reputation certainly can release them without issues.

[bakasabo]

I think it depends on how they agree with winner. They might distribute it in parts because they want to have funds in turnover. They might distribute it in parts and ask winner to come by the price each month with idea that he will return gamble and lose them. They might distribute it in parts because it will save winner from spending or losing everything in short period. If I was the winner, I would take all at once, because of possibility casino to go bankrupt.