Yes, it does pay—but with some important caveats.
📝 Key Points
1. No Licensing in the UK/EU
- Amigo Bingo isn’t regulated by the UK Gambling Commission or other well-known gambling authorities, which means there’s less formal oversight and protection.
2. Scheduled, Tiered Payouts
- Withdrawals are processed once a week, typically on Wednesdays.
- Maximum $500 per week can be cashed out.
- Higher winnings are paid in installments:
- $1,000–$2,999: split over 5 weeks
- $3,000–$4,999: over 10 weeks
- $5,000+: spread across 6 months
3. Withdrawal Speed
- E‑wallets: usually 24–48 hours after processing
- Bank transfers/cards: may take up to 10–15 days
4. Required Verification
- Expect to submit ID, proof of address, and sometimes payment method verification.
- You must wait at least 24 hours after depositing before items can be withdrawn.
- Cancelling a withdrawal request means you’ll need to wait another full week to reapply.
5. Player Feedback
- Some players report successful, even large, withdrawals.
- Others have encountered issues like delays, account freezes, or unresponsiveness from support.
🟠 Overall Verdict
If you’re okay with:
- a weekly payout system,
- installment-based payment for larger wins,
- slower processing for certain methods,
- and less consumer protection due to lack of licensing—
then Amigo Bingo can pay out winnings reliably.
However, if you prefer fast access to your money, stronger regulatory safeguards, and quicker customer support, you’re safer with a licensed bingo site (like those regulated by the UKGC).