OnlySpins Withdrawal

OnlySpins Withdrawal 

OnlySpins Verification/Withdrawal

We know how important it is to have a smooth time depositing and withdrawing from any betting site. Here is everything you need to know about the deposit and withdrawal conditions of OnlySpins, as well as its withdrawal policies:

Payment Methods, Deposits, and Withdrawals at OnlySpins 

To start off with the payment methods of the betting site, there is actually quite a lot of diversity to pick from. The bookie lets us deposit via credit cards, e-wallets like Skrill or Neteller, prepaid cards via PaysafeCard and even cryptocurrencies. Withdrawals were possible with all of these, minus PaysafeCard. We could also cash out via bank transfers, which is great.

With so much choice in terms of deposit methods, we should also mention that the minimum deposit requirement at the betting site was also quite low. It was set to merely €10, which is twice as little as we expected a modern betting site to ask for. There are no fees for cashing in nor for cashing out either, which is how it should be, too!

And, speaking of cashing out, there is a deposit wagering requirement of 1x that you need to clear before doing so. These kinds of deposit wagering requirements are quite commonplace nowadays, and usually allow punters to withdraw once they just bet an amount equal to what they have deposited in total, in order to comply with AML regulation.

So, the deposit wagering requirement was quite reasonable, and so was the minimum withdrawal amount of €10, too. Once again, this limit is often set to €10-20 in betting sites nowadays. As for the maximum withdrawal amount from the betting site, that was €500 per transaction or per day. This is too little, in our view, even if it can be extended through participating in the VIP program of the betting site!

The processing times of the betting site are up to 3 days for each withdrawal attempt, which is a standard amount of time – not too long and not too short. However, there is another 3-day waiting period which players need to deal with if they want to withdraw, between each cash-out. We find this inexplicable, but also pretty uncompetitive and cumbersome.

Any two withdrawals from OnlySpins can take up to 9 days to clear! That is not acceptable, especially considering the low maximum cash-out limit from the betting site, too.

OnlySpins Verification

Verification is a crucial process at online casinos, which helps them weed out underage players and those who are looking to launder money or otherwise engage in fraudulent gameplay at the bookie. Verification can also be required before you first withdraw from OnlySpins, too.

The verification process at the betting site will require you to submit the following documents:

• An ID that shows you are of a legal gambling age. This ID needs to be issued from a government, and can be a driver’s license, a passport and so on.
• Proof of address to verify that you are living where you claim to. Usually, this is a utility bill that shows the address in question and your name next to it. Such bills have to be no older than a couple of months, though, so keep that in mind.
• Proof of ownership of a payment method, like a bank statement that shows your name next to the bank account