Have you ever found that depositing cash in online casino's is quick and easy but when the time comes when you want to withdraw your winnings, it feels like you need to jump through multi layers of protection?
Some online casinos have more protection in place and require you to to send them photocopies of your license, passport, do a scan of your credit card and send it to them.
Online casinos require this because of...
1) Identity fraud & Identity theft
Identity theft is a growing problem problem online. Its also known as phishing where hackers try to gain sensitive confidential information about you and your private credit card details.
After your credit card details get stolen and if the thief knows about online casinos, he can simply use your credit card and go on a wild spending spree and cash out quickly before the theft is discovered. By ensuring that the credit card belongs to the rightful owner, online casinos verify that the winnings go to the right person, the credit card owner.
2) Increasing credit card fraud from some countries
This problem according to stats occurs in certain regions of the world. Thus if you're a citizen of a country that unfortunately has a history of credit card fraud, then some online casinos may either discontinue their service in that country or if they decide to allow bets to originate from there, necessary measures need to be taken before cash can be drawn.
The easiest cash out I've seen so far allows to to be paid by credit back to your credit card. VISA™ payment transactions will be performed by the casino cashiers, after your request has been verified. This normally take only a few hours on regular business days. Commission is paid back to the credit card and there are no fee for payments made to your VISA™ card.
For a listing of the best online casinos to withdraw cash from visit http://www.casinobain.com
Article Source: http://EzineArticles.com/?expert=Sherman_C
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