If you've ever wondered about online casinos' minimum and maximum deposit and withdrawal amounts, you've come to the right place.
The minimum and maximum deposit and withdrawal amounts vary around the world from one online casino to the next. Each operator is different in how they run their business.
However, the minimum/maximum deposit/withdrawal amounts are roughly the same at many of today's most trusted online casinos. Let's dive in and take a closer look.
I'm on a budget; what's the least amount I can deposit at licensed casino sites?
The good news for many of you out there who might be on a tight budget but still want to play online casino games in the real money mode is that most online casinos today allow you to deposit from as little as C$10.00.
However, the minimum amount you can deposit depends on where you are playing and which online payment method you use to deposit. The same also goes for withdrawals. However, the minimum withdrawal amount is sometimes a little bit higher than the minimum deposit amount.
Take the official
Unibet Canada online casino and sports betting site, for example. Here, you can deposit as little as C$10. However, with some methods, it's C$20. The same also goes for withdrawals. The lowest amount you can withdraw per transaction is C$10.
What kind of payment methods can I use to deposit?
Canadian players can choose from a wide range of perfectly secure online payment solutions that are well-known for processing fast transactions. The main payment options currently accepted in 2023 are the following:
● e-Wallets (also known as electronic wallets, web wallets, or
digital wallets) – these are extremely popular with online casino players worldwide, not just in Canada. They can be used for deposits AND withdrawals, and the two most popular e-Wallets for Canadian players are ecoPayz and Interac
● Credit & debit cards – this payment method needs no explanation. The most popular credit and debit cards that Canadian players are permitted to use here are Maestro, MasterCard, Visa, and
Visa Electron
● Bank transfer – the main advantage of this payment method for Canadians is that there are NO MINIMUM OR MAXIMUM deposit amounts
What about withdrawal methods?
When it comes time to cash out your winnings, many of the same methods mentioned above (apart from the Paysafecard prepaid card, which can only be used for depositing) can also be used for withdrawing.
The only other method that isn't accepted for withdrawals is Mastercard. You can learn more on this page https://unibet.org/ca/unibet-payment-methods/.
How long does it take to deposit and withdraw?
You will find that most deposits take just seconds to be processed. In other words, you won't ever be waiting around to see the funds arrive in your account. When it comes to withdrawals, it's never instant.
In fact, no online casino in any jurisdiction in the world will process instant withdrawals. If you're lucky, you will receive your winnings within just a few short hours. However, most of the time, it can take half a day or longer.
However, be expected to wait up to no longer than 48 hours (two business days) for your winnings to arrive from your casino account back on the withdrawal method you used to cash out your winnings.
Final note
Online casino operators sometimes change which payment methods they accept. In other words, you may find that Unibet may start adding even more payment methods over the coming years.
Your maximum monthly withdrawals may also be capped at a certain amount when withdrawing vast amounts. For example, it might be capped at C$100,000 per month or, perhaps, C$50,000 per day/week. It varies a lot.
If you want to learn more about this, the best thing to do would be to check with the casino's live chat support agents or head to the casino's general policies/terms and conditions sections.
