Spinko Withdrawal

Spinko Withdrawal

Spinko Verification/Withdrawal

Welcome to our section on the withdrawal policies of the online gambling house, one of the most important features that punters need to be aware of before placing any bet within Spinko! Here is just what you need to know about those policies, including the payment methods and conditions at Spinko, as well as its verification policies:

Payment Methods, Deposits, and Withdrawals at Spinko

Within the current section of our review, we would like to take a look at all of the payment conditions at the online gambling house, starting off with the deposit methods that you can use to cash in to Spinko:

• Bank Transfers
• Visa, MasterCard
• Apple and Google Pay
• Cryptocurrencies

As you can see, there is a very broad range of payment methods that you can use to cash in to the gambling house. We loved that, even if we would have liked to see a couple of e-wallets available to the punters at Spinko, too. It would have been great for us to have been able to cash in via Skrill, Neteller, MiFinity, and so on, as those are reliable and established payment methods.

Still, we were pleased with the range of deposit methods that were available overall. In particular, we found the inclusion of Apple Pay and Google Pay to have been very fun, because it makes it possible to top up one’s account on the go. So, what is the minimum deposit limit at the online bookie?

Well, that has been set to €20 across the board. All of the payment methods have that minimum deposit limit, including the various cryptocurrencies that are available at the online gambling house. Compared to other bookies with a minimum deposit limit usually set to around €10-20, this is a good amount, too.

We also loved the fact that there are no fees for depositing to the online gambling house, at least as far as Spinko itself is concerned. That said, you might still need to cover the third-party charges that some payment methods have. Those are most notable within the cryptocurrencies that Spinko lets you cash in with.

These digital assets have miner fees that users need to cover whenever they are cashing in to their favorite online gambling houses. Such miner fees usually take up between 3% and 5% of the amount of money that you are cashing in. Of course, those kinds of fees are completely outside of the control of Spinko and would be present regardless of where you were playing.

With all that in mind, let’s take a look at the withdrawal methods and conditions at Spinko, too:

Withdrawals from Spinko

Before you can cash out from the online gambling house, you have to meet a very important condition at the online casino. This is the minimum deposit wagering requirement of 1x, which simply means that you need to have wagered everything that you have deposited at the online casino at least once before cashing out.

This kind of requirement might sound a bit off-putting to new punters and players, but it is actually completely standard when it comes to the online gambling houses you can bet in nowadays. Sometimes, the requirement is even higher than the amount that Spinko has set it to, as it is found as high as 3x.

Either way, the withdrawal methods you will be able to use at the online gambling house are quite a bit less diverse than the ones you were able to use when it came to deposits. These withdrawal methods are just bank transfers and cryptocurrencies. The former are available to those who have cashed in via one of the various FIAT payment methods, and the latter are for those who have deposited via digital currencies.

We would have liked to see a couple of other options available. Sure, it is not possible to cash out of any online casino via Apple Pay or Google Pay, but you should have been able to withdraw via Visa or MasterCard. Only having access to bank transfers is not great, because they are slower to process than other payments.

All payments from the online casino are said to be processed internally within up to 24 hours, but then, once they are approved, you will still need your bank to approve the transaction before cashing out. This means that you will need to wait up to 3-7 days on average. Crypto transactions are processed instantly, for reference.

Regardless of how you are withdrawing, you will have to deal with the same minimum cash-out limit, and the same maximum withdrawal limit at the online gambling house. The minimum is set to €25, which is a bit higher than both the entry cost requirement and the average minimum withdrawal amount of online betting sites, set to €10-20.

The maximum, on the other hand, is set to €1000 per day, €3000 per week, and €7000 per month. The maximum can be increased by taking part in the VIP program of the online gambling house. As far as we’re concerned, the daily limit is decent, but the other two should have started off higher, VIP program or not!

Finally, withdrawals are not charged any fees by Spinko, but you will still need to cover the third-party charges that we mentioned before. Once again, the most notable among them are the crypto miner fees, which are applicable to all digital currency transactions within any online casino, and not just Spinko.

Spinko Verification

Verification is often misunderstood by punters at online gambling houses, causing them a lot of trouble when it comes to cashing out. However, at its core, verification is a pretty straightforward process, aimed at ensuring that each punter is who they claim to be, in order to prevent anyone from using any online bookie as a way to launder money or gamble underage.

As a legitimate online betting site, Spinko does have some verification requirements of its own, too. In order to make withdrawals at the online bookie, you need to have verified your account with Spinko. Usually, though, you would only need to do that once, before your first withdrawal from the online gambling house, by submitting the following types of documents:

• Proof of ID: You need to prove that you are of a legal age to gamble by sharing a picture of a document, such as an ID card, a passport, or another similar document that has been issued by your government. The document can also be a driver’s license, gun permit, or another from a long list of options, available at the Terms and Conditions of the online gambling house.
• Proof of address: Next, the casino will need to cross-reference the address that you shared with that of a document like a recent utility bill, in order to be able to confirm that you are actually the owner of your ID. This is another standard step in the verification process of any online gambling house nowadays that is worth its salt!
• Proof of payment ownership: This is required in order to establish that you are the owner of a payment method that you are trying to cash in with. For instance, you are required to present proof that you are the holder of a particular bank account to the online gambling house. This can usually be done by showing Spinko a bank statement that shows your name and the bank account in question.

Once you have submitted all of that information, the online gambling house will examine it within a couple of hours and verify your account. If the process takes over a day or two to clear, feel free to contact the Support of Spinko to ask them what has gone wrong with the verification process! Here is how you can submit your personal info to Spinko: