One of the first things you need to be aware of when it comes to mobile casino withdrawals is the existence of withdrawal limits. These limits can vary from one casino to another and may be imposed either as minimum or maximum withdrawal amounts. Let's take a closer look at each type of limit.
It’s also essential to be mindful of any provincial regulations that may impact withdrawal practices. AGCO in Ontario is one example of a provincial regulator.
Minimum Withdrawal Limits
Minimum withdrawal limits refer to the smallest amount you need in your casino account before you can make a cash-out. This is usually set by the payment provider your mobile casino partners with. For example, if the minimum withdrawal limit is approximately $13.70 CAD and you only have $7 CAD in your balance, you’ll need to keep spinning those slots or hitting the tables until you reach the threshold.
Maximum Withdrawal Limits
Conversely, maximum withdrawal limits cap how much you can cash out over a certain period—daily, weekly, or monthly—depending on the casino’s policy. If your casino sets a $6,850 CAD weekly cap and you’ve already withdrawn $7,000 CAD worth of winnings, you’d need to wait until the next week to access the remainder. This is especially important if you’re a high roller looking to bank a big haul.