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Magic Red Withdrawals - Complete Guide to Cashing Out in the UK

In this article, we'll discuss how to withdraw money from Magic Red, minimum and maximum withdrawal limits, withdrawal processing times, and verification and security requirements.

Dean McHugh
Dean McHugh

Last updated: 2025-08-29

Chad Nagel

3 minutes read

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    How to Withdraw Money From Magic Red

    To initiate a withdrawal, here's what you need to know.

    1. 1

      Log in to your Magic Red account and navigate to the cashier section.

      Log in to your Magic Red account

      Log in to your Magic Red account 

    2. 2

      Select the 'Withdrawal' option and choose your preferred withdrawal method.

      Select the Withdrawal option

      Select the Withdrawal option

    3. 3

      Enter the amount you wish to withdraw, ensuring it meets the minimum withdrawal limit (which we'll discuss later). Review the details and click the 'Confirm' button to submit your withdrawal request.

      Enter the amount you wish to withdraw,

      Enter the amount you wish to withdraw,

    Available Withdrawal Methods at Magic Red

    MethodFeesProcessing TimeMin Withdrawal Max Withdrawal 
    VISA❌️Up to 6 Days£10N/A
    Mastercard❌️Up to 6 Days£10N/A
    Maestro❌️Up to 6 Days£10N/A
    Bank Transfer ❌️Up to 6 Days£10N/A
    Interac❌️Up to 6 Days£10N/A
    MuchBetter❌️Up to 2 Days£10N/A
    Neteller❌️Up to 2 Days£10N/A
    PayPal❌️Up to 2 Days£10N/A
    Skrill❌️Up to 2 Days£10N/A
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    Minimum & Maximum Withdrawal Limits

    Magic Red has set minimum and maximum withdrawal limits to ensure a smooth and secure withdrawal process. The minimum withdrawal amount is £10 (or currency equivalent), while the maximum withdrawal amount varies depending on your chosen withdrawal method and your VIP status.

    Withdrawal Processing Times

    The withdrawal processing time depends on your chosen Magic Red withdrawal method and your VIP status. Generally, we found e-wallet withdrawals are the fastest, with funds typically credited within 24 hours. Our debit card withdrawals took between 2-3 business days, while bank transfers took up to 5 business days.

    Verification & Security Requirements

    Magic Red takes the security of its players seriously and requires all withdrawal requests to be verified for security purposes. This process ensures that your funds are protected and that you are the rightful owner of the account.

    Upon your first withdrawal request, you will be asked to provide certain documents for verification. These include a copy of your government-issued ID, proof of address (such as a utility bill), and a copy of the card used for deposits (if applicable). Once your documents are approved, your withdrawal request will be processed.

    How Bonuses Affect Withdrawals

    Bonus TypeWithdrawal Restrictions 
    Daily Spin Frenzy35X Wagering Requirements 
    Welcome Bonus40X Wagering Requirements 
    Daily Happy HourNone 
    Live Casino WeekendNone
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    FAQs

    What is the minimum withdrawal amount at Magic Red UK?

    The minimum withdrawal is £10.

    How long do Magic Red withdrawals usually take?

    It depends on the Magic Red withdrawal method you use. In our experience, ewallet withdrawals take on average 24 hours, debit card withdrawals 2-3 days and bank transfers around 5 days.

    Are there any fees for withdrawing money?

    No, Magic Red will never charge you for making a withdrawal, no matter what payment method you choose to use.

    Can I withdraw using PayPal and other e-wallets?

    You most certainly can. And what's more, ewallet withdrawals are processed faster than any other payment option.

    What documents are needed for withdrawal verification?

    You will need to provide two documents to complete the verification process. The first is a photo ID, like a passport or driving license, and the second must clearly display your address, like a utility bill or bank statement.

    Why is my withdrawal pending or delayed?

    There could be various reasons why a withdrawal is showing as pending. The most common explanation is that you haven't completed the verification process. If you're struggling, contact the Magic Red customer support team, who will happily help you.

    Dean McHugh
    Dean McHughSports & Casino Betting Writer

    My name is Dean, AKA The Stat Man. I am a Sports Betting Analyst who uses math, algorithms, probability and logic to create my posts. I live in the UK, on the outskirts of London but my background and heritage is Irish. I'm an avid Manchester United fan who sees following them as a religion. Sport is pretty much my life, as I live and breathe it daily. If there is something I don't know, it's probably not worth knowing as I have over 20 years industry experience and insight.

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