Midas CasinoWithdrawal

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 how the minimums, weekly limits, fees, processing times and KYC checks fit together for Australian players.

Midas Casino operates under a Master Gaming Licence issued by the Curaçao Gaming Authority, reference OGL/2024/494/0671, with SSL encryption and games independently audited by eCOGRA and Technical Systems Testing.

  • OperatorLuckland Group B.V.
  • Established2012
  • Game library300+ titles across 8 categories
  • Primary softwareReal Time Gaming (RTG)

Midas Casino withdrawals: the limits that shape your payout

The standard minimum withdrawal is $50 / €50 with most methods. Bank Wire, Bitcoin, Ethereum and Litecoin each have a higher $100 / €100 minimum. Your account balance needs to meet the relevant threshold before you can request a payout.

Weekly limits depend on your player status. Silver players can withdraw up to €2,000 per week, while VIP players can withdraw up to $4,000 per week. The published withdrawal limit is separate from the amount you may have available in your balance.

ItemAmount or rule
Most methods: minimum withdrawal$50 / €50
Bank Wire, Bitcoin, Ethereum and Litecoin$100 / €100 minimum
Silver weekly limit€2,000
VIP weekly limitUp to $4,000
Win limitNo win limit

A payout can still be larger than the weekly allowance

If your balance is above the weekly limit, plan withdrawals around the applicable weekly cap. VIP status can raise the limit to $4,000, but the standard Silver limit is €2,000.

How long a Midas Casino payout takes by payment method

Timing depends on the route used after the withdrawal request. E-wallet withdrawals process instantly. Bank card and bank transfer withdrawals take up to three days, while the general payout time is two days.

Royal Lounge players have withdrawals paid within 72 hours. VIP processing is faster by tier: Tier 1 withdrawals are handled within 48 hours, Tier 2 within 24 hours and Tier 3 within 12 hours. Those timeframes describe the stated processing window for each status.

Route or statusProcessing time
E-walletsInstant
Bank cards and transfersUp to 3 days
General payout time2 days
Royal LoungeWithin 72 hours
VIP Tier 1Within 48 hours
VIP Tier 2Within 24 hours
VIP Tier 3Within 12 hours

The quickest route on paper is an e-wallet, while bank cards and transfers can take longer. If a deposit method cannot receive withdrawals, the funds are processed by Bank Wire instead. That makes it sensible to check the cashier’s available route before requesting a payout.

Withdrawal fees and minimums for crypto and bank wire

Crypto can be used for both deposits and withdrawals. Bitcoin, Ethereum and Litecoin withdrawals each have a $100 / €100 minimum and a $30 fee. Bank Wire withdrawals also start at $100 / €100, with a $40 fee.

MethodMinimum withdrawalFee
Bitcoin$100 / €100$30
Ethereum$100 / €100$30
Litecoin$100 / €100$30
Bank Wire$100 / €100$40
Most other methods$50 / €50No fee stated

For example, a $100 crypto withdrawal with a $30 fee leaves $70 after that fee. A $100 Bank Wire withdrawal with a $40 fee leaves $60 after the stated charge. The fee matters more on smaller withdrawals, so factor it into the amount you request.

Keep the fee beside the minimum

The $100 minimum and the $30 or $40 charge apply together on the listed crypto and Bank Wire routes. Check the amount shown at the cashier before confirming.

What you need before requesting a payout

Midas Casino requires identification information as part of KYC verification. The payment name must match the name registered on the account. Accounts may be closed if the requested identification is not provided within six months of notification.

There is also a basic account rule: only one active casino account is permitted per household. A second account can be closed, with bonuses and winnings cancelled. Keeping your account details and payment name consistent helps avoid an avoidable hold-up.

  • Make sure the payment name matches your registered account name.
  • Provide the requested identification information for KYC.
  • Use an eligible withdrawal method shown in the cashier.
  • Check that your balance reaches the relevant $50 or $100 minimum.
  • Confirm whether a $30 crypto fee or $40 Bank Wire fee applies.
  • Check your weekly allowance before making a larger request.

Honestly, this is the part most people skip: checking the name on the payment method. A mismatch can create an extra step when the payout is being reviewed.

Wagering rules that can affect your withdrawal

Any applicable wagering requirement must be completed before a withdrawal. Requesting a withdrawal before the requirement is met may void the bonus and winnings connected to it. This is especially relevant when your balance includes promotional funds or Free Spins winnings.

For the welcome package, wagering is 40× the combined deposit and bonus amount, and the maximum withdrawal is 20× the qualifying deposit amount. The package funds are play-only, and bonus funds are used only after the deposit balance reaches $0. These are offer-specific conditions rather than a general win limit.

The game contribution rate also affects how quickly an offer requirement is cleared. Slots and other games contribute 100%, while table games, card games and video poker contribute 10%. If you are working through a promotional balance, that difference can change the amount of play needed.

Clear the requirement before cashing out

A withdrawal request made before an applicable wagering requirement is complete may void the related bonus and winnings. Check the balance and requirement first, then request the payout.

A simple step-by-step withdrawal routine

Check your playable and withdrawable balance

Confirm that the funds you want to withdraw are available for cashout and that any applicable wagering requirement has been completed.

Open the cashier

Choose the withdrawal area and review the methods displayed for your account.

Pick a method that suits the amount

Compare the $50 or $100 minimum, the expected processing time and any charge. Crypto and Bank Wire withdrawals carry the stated fees.

Enter the amount

Stay within the weekly limit that applies to your player status. Remember that Silver and VIP limits use different amounts.

Confirm your payment details

Use payment details with a name matching your registered account name. Complete any KYC request for identification information.

Track the processing window

Use the method or status timeframe as a guide: e-wallets are instant, bank cards and transfers take up to three days, and VIP windows range from 12 to 48 hours.

This routine works whether you are cashing out from pokies, live tables or other Games Online. The withdrawal rules are tied to the account, payment method and promotional conditions rather than the particular game type.

Support and responsible control while cashing out

Support is available through 24/7 live chat, with email and telephone support also offered. Live chat is useful for checking a payment route, asking about a cashier option or confirming which identification information is needed.

Midas in Australia also provides deposit limits, time limits and self-exclusion tools. These controls are worth setting before you play, not only after a large win or loss. Gambling involves real money, so treat a withdrawal as part of managing your entertainment budget rather than as a reason to keep playing.

The brand uses SSL encryption, and its published information includes eCOGRA independent auditing and Technical Systems Testing for game fairness. Those measures sit alongside the payment checks, but they do not change the minimums, fees or weekly limits above.

Ready to review your payout?

Check the cashier for the method, minimum, fee and timing that apply to your account before you confirm.

Withdrawal: your questions

What is the minimum Midas Casino withdrawal?

The minimum is $50 / €50 for most methods. Bank Wire, Bitcoin, Ethereum and Litecoin withdrawals have a $100 / €100 minimum.

How long do Midas Casino withdrawals take?

E-wallet withdrawals process instantly. Bank card and bank transfer withdrawals take up to three days, while the general payout time is two days. Royal Lounge and VIP status have their own stated processing windows.

How much can Silver players withdraw each week?

Silver players can withdraw up to €2,000 per week.

What is the VIP weekly withdrawal limit?

VIP players can withdraw up to $4,000 per week.

Are there fees for crypto withdrawals?

Yes. Bitcoin, Ethereum and Litecoin withdrawals each carry a $30 fee and have a $100 / €100 minimum.

How much does a Bank Wire withdrawal cost?

A Bank Wire withdrawal carries a $40 fee and has a $100 / €100 minimum.

Does Midas Casino require identity verification for withdrawals?

Yes. Identification information must be provided for KYC, and the payment name must match the registered account name.

Can I withdraw before completing wagering requirements?

Applicable wagering requirements must be completed before a withdrawal. Requesting one earlier may void the related bonus and winnings.