How to withdraw your Penalty Shoot Out winnings
You scored a few penalties and want to take the money out. Here is which method works best, how long it really takes, what documents you'll be asked for, and why a chargeback is never the answer.
Updated on June 5
Cashing out from Penalty Shoot Out is straightforward: the balance you built up goal by goal comes back through the operator's cashier, the same way you deposited but in reverse. What really changes is the method, because that decides how long you wait. Let's break it down.
Withdrawal methods, fastest to slowest
Not every method pays out at the same speed. Here is the honest picture, no empty promises:
- Crypto (USDT) — the fastest by a wide margin. Once the operator approves the withdrawal, the transfer to your wallet usually lands in minutes. If you don't use crypto yet, read the USDT guide: what you learn for depositing works the same for cashing out.
- Bank transfer — goes straight to your account. It is convenient but slower: expect 18 to 48 business hours, since it depends on banking hours.
- Card — here's the bad news: you almost never can withdraw to a card. A card is for funding, not for cashing out. If you deposited with a card, you'll need to withdraw another way (crypto or transfer).
One useful note: at 1win, crypto withdrawals are usually available — even when you play your balance in local currency, you can cash out in USDT, the quickest route. Even so, the available payout methods can vary with your account and verification level, so check the casino cashier for the options enabled on your account before you deposit.
Golden rule: withdraw the same way you deposited. Operators require it as an anti-fraud control, and it saves you rejected payouts. If that's not possible (typical with cards), choose crypto or a bank transfer.
The methods worth having ready
USDT (crypto)
Fastest: minutes.
Bank transfer
18-48 business hours.
Other crypto
Also chargeback-free.
The process, step by step
The flow looks the same no matter which operator you use:
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Request the withdrawal from the cashier
Open the cashier or "Withdraw" section at your operator. It is the same screen you used to deposit, only from the other side of the counter.
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Pick your method
Cash out the same way you funded your account. If you topped up with crypto, withdraw in crypto; if you used a bank transfer, the money goes back to your bank account.
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Enter the amount and confirm
Set how much you want to take out. Check that the wallet or account is in your own name before you confirm: that one detail prevents rejected payouts.
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Clear verification (KYC) if asked
The first time, you are usually asked for a photo ID and sometimes a proof document. Upload clear photos and wait for the review.
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Wait for the funds to land
Crypto is often a matter of minutes; a bank transfer takes 18 to 48 business hours. You can track the status from your history.
KYC verification: the ID you'll be asked for
The first time you withdraw, you'll almost certainly hit KYC verification (Know Your Customer). It is a standard, mandatory control on any serious platform, not a trick to hold your money. They will ask for:
- A photo of your ID (front and back), clearly legible, no glare.
- Sometimes a proof of address or a selfie holding your ID.
- That the balance is in your name: the gaming account, the crypto wallet and the bank account all have to match your identity. You can't cash out to someone else's name.
KYC can take time: from a few hours to a full day, depending on the operator. Do it as soon as you open the account, before you even have a balance, so your first payout goes through cleanly when you win.
Realistic timelines (no hype)
So you don't get caught off guard, these are the windows worth expecting:
| Method | Typical time | Chargeback? |
|---|---|---|
| Crypto (USDT) | Minutes after approval | No |
| Bank transfer | 18-48 business hours | No |
| Cash | Depends on the operator | No |
| Card | Almost never available | Yes (on deposit) |
The first withdrawal usually takes longer because of KYC. The next ones are quicker. Exact timelines depend on the operator.
A chargeback is NOT how you take money out
This is the most important part of the page, so no beating around the bush. If you lost and the thought of asking your bank to reverse a deposit you made yourself crosses your mind, stop. That is a chargeback, and used to "recover" what you wagered, it is friendly fraud.
Disputing a legitimate deposit after losing leads to an account block and a forfeited balance. The operator detects it, flags you, and you lose the money you had in your favor. The only correct way to take your money out is the official withdrawal from the cashier.
Worth knowing: a chargeback only exists with cards. Methods you paid with via crypto, bank transfer or cash have no such "reverse gear," precisely because they are irreversible. So if your plan is to cash out with peace of mind, those methods work in your favor: you deposit and withdraw the same way, without the temptation (or the risk) of a chargeback. And remember that in Penalty Shoot Out the outcome of every penalty is random: there is no way to "guarantee" recovering a loss, neither by playing nor by disputing.
Self-exclusion: your balance is yours
If you feel the game is getting away from you, self-exclusion is the tool to stop. And here is a rule a regulated operator has to follow: when you self-exclude, it returns your available balance rather than seizing it. Locking your account does not mean keeping your money.
If a site blocks you from cashing out what you had in your favor when you ask to self-exclude, that's a clear sign it isn't trustworthy. Before you reach that point, check the guidance and helplines in responsible gaming: that's what they're there for.
The bottom line
To cash out fast and headache-free: verify your account as soon as you open it, withdraw via crypto if you want the money in minutes or via bank transfer if you prefer it straight to your account, forget about withdrawing to a card, and never, ever use a chargeback to "recover" what you lost. Play with money you can afford to lose and enjoy the goals.
Haven't tried it for real money yet?
Practice in the demo first and, once you've got the hang of it, play at a casino where crypto withdrawals are quick.
Preguntas frecuentes
What is the fastest way to withdraw?
Crypto (USDT) is the quickest: once a withdrawal is approved, it usually lands in minutes. A bank transfer takes longer, between 18 and 48 business hours depending on the operator.
Can I withdraw to a credit card?
Almost never. A card works for deposits, but card withdrawals are rarely available. The usual payout routes are crypto, bank transfer or cash. See the methods guide to weigh your options.
Why do they ask for my ID to withdraw?
That is KYC verification, a standard control against fraud and money laundering. They will ask for a photo ID and require the balance to be in your name. It is a one-time step that can take a few hours.
Will a chargeback get back what I lost?
No, and it is a costly mistake. Disputing a legitimate deposit with your bank after losing is friendly fraud: it leads to an account block and a forfeited balance. The only correct way to take money out is the official withdrawal.
If I self-exclude, do I lose my balance?
You should not. A trustworthy operator returns your available balance when you self-exclude rather than seizing it. If the opposite happens, treat it as a red flag. There is more in responsible gaming.