- Wagering
- 40× deposit + bonus
- Max withdrawal
- 20× deposit amount
- Min deposit
- $20
- Bonus expiry
- 30 days of no activity
Midas Casino Withdrawal: Limits, Fees and Payout Times
A Midas Casino withdrawal is straightforward once your wagering is complete and your payment details match your account. Here’s what Australian players need to know about minimums, weekly limits, processing times, fees and identity checks.
Midas Casino withdrawals: the main limits and timeframes
Midas Casino offers withdrawals through e-wallets, bank cards, bank transfer and selected cryptocurrencies. The general minimum withdrawal is $50 / €50 for most methods. Bank Wire, Bitcoin, Ethereum and Litecoin withdrawals have a higher minimum of $100 / €100.
| Method or player class | Minimum withdrawal | Processing time | Fee |
|---|---|---|---|
| Most methods | $50 / €50 | Varies by method | Not stated |
| E-wallets | Depends on method | Instant | Not stated |
| Bank cards and transfers | $50 / €50 | Up to 3 days | Not stated |
| Bitcoin, Ethereum and Litecoin | $100 / €100 | General payout time: 2 days | $30 |
| Bank Wire | $100 / €100 | General payout time: 2 days | $40 |
The standard weekly withdrawal limit is €2,000 for Silver players. VIP players can withdraw up to $4,000 per week. There is no win limit, although the weekly limit and any promotion-specific maximum still affect how much you can cash out at a time.
The method you choose affects the wait
E-wallet withdrawals process instantly. Bank card and transfer withdrawals can take up to three days. The general payout time is two days, while VIP and Royal Lounge timeframes can be faster.
Which withdrawal methods can you use?
You can request a payout using the payment options available in your cashier. Midas Casino supports Skrill, Neteller, Payz (ecoPayz), bank transfer, Bank Wire, Bitcoin, Ethereum and Litecoin for withdrawals. The listed deposit methods also include Visa, Mastercard, Apple Pay, Google Pay, eZeeWallet and other options, but a deposit method may not always support withdrawals.
- E-wallet withdrawals, including Skrill, Neteller and ecoPayz, process instantly.
- Bitcoin, Ethereum and Litecoin withdrawals require a minimum of $100 / €100 and carry a $30 fee each.
- Bank Wire withdrawals require a minimum of $100 / €100 and carry a $40 fee.
- Skrill, Neteller and ecoPayz have a minimum deposit of €20 and a minimum withdrawal of €50.
- If your deposit method does not support withdrawals, the funds are processed by Bank Wire.
For cryptocurrency payouts, check the amount and fee before confirming. A $30 fee applies to each Bitcoin, Ethereum or Litecoin withdrawal. Bank Wire costs $40, so the fee is worth factoring into the amount you request.
Midas Casino from Australia supports cryptocurrency withdrawals through Bitcoin, Ethereum and Litecoin, alongside e-wallet and bank-based options. The cashier shows the current options available for your account and selected payment method.
How to request a Midas Casino withdrawal
The request itself follows the usual cashier process. Before you begin, make sure your balance is available for withdrawal and that your payment details use the same name as your casino account.
- Open the cashierLog in and open the cashier or payments area of your account.
- Choose WithdrawSelect the withdrawal option and review the methods shown for your account.
- Pick a payment methodChoose an e-wallet, bank option or supported cryptocurrency. Check the minimum, fee and displayed processing information.
- Enter the amountType the amount you want to withdraw, keeping the method’s minimum and your weekly limit in mind.
- Confirm your detailsMake sure the payment name matches your registered account name, then submit the request.
- Complete identification checksProvide the identification information requested by Midas Casino so the withdrawal can be processed.
Use matching account details
The payment name must match the name registered on your account. Sorting this out before requesting a payout can help avoid an unnecessary delay.
KYC checks and what can hold up a payout
Midas Casino requires identification information as part of its KYC process. You may need to provide the requested details before a withdrawal can be completed. If the identification documents are not supplied within six months of notification, the account may be closed.
The payment name must match your account registration name. Also, if the payment method used for a deposit cannot receive withdrawals, the funds are processed by Bank Wire instead. That can change the method, minimum and fee applied to the payout.
- Your identification information has been provided when requested.
- The payment name matches your registered account name.
- The chosen method supports withdrawals.
- The amount meets the method’s minimum withdrawal.
- The withdrawal fits within your weekly player limit.
- Any applicable wagering requirement has been completed.
Wagering requirements must be met before a withdrawal can be made when a promotional balance is involved. Requesting a withdrawal before those requirements are complete may void the bonus and winnings connected to it. This is especially relevant when your available balance includes play-only bonus funds.
VIP and Royal Lounge withdrawal times
Your player status can affect the stated withdrawal processing timeframe. The VIP Club has three listed tiers, each with a deposit requirement and a faster processing target. Royal Lounge players also receive a stated payout timeframe.
| Status | Requirement | Withdrawal processing | Weekly limit |
|---|---|---|---|
| Silver | Standard player class | General payout time: 2 days | €2,000 |
| Royal Lounge | Unlocked after 3 total deposits | Within 72 hours | Not stated |
| VIP Tier 1 | $3,000 in deposits | Within 48 hours | $4,000 for VIP players |
| VIP Tier 2 | $30,000 in deposits | Within 24 hours | $4,000 for VIP players |
| VIP Tier 3 | $60,000 in deposits | Within 12 hours | $4,000 for VIP players |
The VIP tiers also increase loyalty points: Tier 1 provides a 25% increase, Tier 2 provides 50%, and Tier 3 provides 100%. To maintain player class and its benefits, you must wager at least 30% of the balance accumulated during the last seven days.
A faster target is not the same as instant cash
VIP and Royal Lounge timeframes describe withdrawal processing. Your bank or payment provider may still apply its own time before the funds appear.
Withdrawal examples with the real minimums and fees
A few simple examples make the rules easier to use. These examples show the stated minimums and fees, rather than promising a particular final amount or arrival time.
- If you request $50 through a method with a $50 minimum and no stated fee, the request meets the general minimum.
- If you request $100 in Bitcoin, Ethereum or Litecoin, the stated $30 fee applies, leaving $70 before any other payment-provider treatment.
- If you request $100 through Bank Wire, the $40 fee applies, leaving $60 before any other payment-provider treatment.
- A Silver player can request up to €2,000 across the stated weekly limit, while a VIP player can withdraw up to $4,000 per week.
- A method with a $100 minimum cannot be used for a $50 withdrawal, even though $50 is the general minimum for most methods.
Currency matters too. The withdrawal rules use both dollar and euro amounts, and Skrill, Neteller and ecoPayz list their minimums in euros. Check the currency shown in the cashier before you confirm the request.
Responsible cashouts and account balance rules
A withdrawal is part of managing your gambling budget, not a reason to chase losses or keep playing. Midas Casino provides deposit limits, time limits and self-exclusion tools, so use them if gambling stops feeling comfortably within your plan.
There is also an account balance rule to keep in mind. If no further deposit is made for 180 days, the playable balance will be removed. Keeping your account active should never mean depositing more than you can afford; set a limit first and treat casino play as paid entertainment.
FAQ
Withdrawal questions
What is the minimum Midas Casino withdrawal?
The general minimum is $50 / €50 for most methods. Bank Wire, Bitcoin, Ethereum and Litecoin withdrawals require at least $100 / €100.
How long do Midas Casino withdrawals take?
E-wallet withdrawals process instantly. Bank card and transfer withdrawals can take up to three days, while the general payout time is two days. VIP and Royal Lounge players have faster stated processing timeframes.
What is the weekly withdrawal limit?
Silver players can withdraw up to €2,000 per week. VIP players can withdraw up to $4,000 per week.
Is there a fee for cryptocurrency withdrawals?
Yes. Bitcoin, Ethereum and Litecoin withdrawals each carry a $30 fee and require a minimum withdrawal of $100 / €100.
How much does a Bank Wire withdrawal cost?
Bank Wire withdrawals carry a $40 fee and require a minimum withdrawal of $100 / €100.
Can I withdraw to a different payment method?
If your deposit method does not support withdrawals, the funds are processed by Bank Wire. The payment name must match the name registered on your account.
Do I need to complete KYC before withdrawing?
Midas Casino requires identification information. Provide the requested details so the withdrawal can be processed, and supply documentation within six months of notification to avoid possible account closure.
Can I withdraw before completing wagering requirements?
Wagering requirements must be met before withdrawing when a promotional balance is involved. Requesting a withdrawal early may void the related bonus and winnings.