When choosing in which online casino to play, one of the key factors to check is the payout speed. As we can all agree, there is nothing more aggravating and frustrating than winning and having to wait forever to receive our winnings! Fastest payout is one of the nicest qualities the casino can offer, having no uncertainties of when you will see your winnings hit your account is THE most important thing when playing online.
Plus, fast payouts indicate some important additional factors as well:
- The casino operator is financially strong and stable. In order to offer instant withdrawal casino needs to keep significant balance in every payment method, sometimes it means 30+ accounts that need to have enough funds to pay hundreds of players on the same day.
- Strong support: to keep this going, you need to have high qualified support personnel available 7 days a week, 24 hours a day.
- Fairness: fast payouts usually identify a fair and reputable casino. No one will stall your payment hoping that you will get tired of waiting and play it back (yes, some dodgy casinos use this tactic, it’s called reversal of your winnings).
To summon it up – if there is one thing you should check about a casino before making a deposit, payment speed would be it. Of course we do not mean just the info that they post on their site, but the actual withdrawal times. In most cases, it’s not something that you can check without actually depositing, so that’s why we made this list of fast withdrawal casino sites that where checked and verified for their cashout speed.
Payout Speed Factors
There are casinos with instant payouts, fast payouts, and same day payouts. When a payout is characterized as instant, it means that it is completed within minutes. However, there are very few online casinos that actually deliver this promise, that’s why the same day payout casinos.
Besides the casino itself, there are few parameters that affect the payout time: your country, payment method, the amount.
Country
Different countries have different gambling laws, which means different payment methods for you to use when cashing out. In most countries, that shouldn’t worry you much, since there is still a great variety of fast and smooth payment methods for you to use. There is one main exception to this rule, and that is USA. In USA, the UIGEA of 2006 placed constraints on online gambling sites and banks, so receiving your payout isn’t as fast as if you lived in the UK or another country. That is why we had to split our rating to Fastest Payout Casinos and Fastest Payout Casinos USA.
Players who reside in countries which have clearly legislated online gambling and don’t have any type of restrictions on depositing or receiving their winnings have an advantage here. If they choose a good online casino they can enjoy their winnings in minutes.
Payment method
Each payment has its own inherent pace.
Ewallets:
The fastest way to deposit and cash out funds from and to your casino account are ewallets. The most popular are Paypal, Neteller, Skrill and plenty other options.
If you are looking for hassle-free and instant / same day withdrawals, then you better use one of the above mentioned.
Credit Cards
Credit card withdrawals can be also fast, however not all credit cards allow you to withdraw funds back to the card. Plus, this method is not available in USA and currently also in Australia.
Bank Wire
Wire transfers take longer, but this is something the casino cannot control. Even if they process your request the second you click on the cashout button. Wires can sometimes take 24-48 hours until they hit your account and you see the money. Wires are indeed a good solution for high amounts, but there are better options for small / medium payments.
Checks
Checks are without a doubt the slowest. 2-5 days considered to be great time for a check to arrive in your mailbox, however the usual time is 7-10 days, based on your location and the check company.
Bitcoin & Other Cryptos
Another option added in recent years and became popular mainly in USA and Australia is crypto-currencies, particularly Bitcoin. Dealing with BTC does demand some knowledge and understanding, but if you are ok with that, Bitcoin is one of fastest payout methods available and allows even players in most problematic markets to enjoy same day cashouts.
Since we first wrote this article, Bitcoin became the #1 withdrawal method in USA and in Australia. The reason for that is that in good online casinos, BTC withdrawals are paid pretty much instantaneously. Not to mention that the withdrawal limits are usually much higher and can reach even $10,000 per withdrawal.
Amount
You should also keep in mind that the amount of money won can also have effect on receiving your winnings quickly. Most online casinos have a limit on how much you can withdrawal at a time. With that being said, that’s not something that you should worry about.
If you’ve been playing in a reputable and fast payout online casino, in most cases these rules do not apply to jackpots, particularly progressive jackpots. Therefore, if you’re lucky to win a nice 6/7 digit jackpot, you won’t need to wait much before going on a shopping spree.
In any case, it is important to know the limits for regular (non progressive) winning. We can’t state the exact amount to look for as they vary from one market to another, but just make sure you don’t play at casinos that have below $2,000 per withdrawal limit. Such low amount usually indicates that the casino is not financially strong and therefore should be avoided.
Bottom Line
We cannot stress enough how important it is to stick to fastest paying casinos. If you do that, you can gamble safely, have fun and will be able to enjoy your winnings instantly. Slow payments are very annoying, generate stress and take away all the fun of gambling.
Therefore, if there is a single advice we give to our visitors: make an effort, choose wisely, and don’t join some casinos just because of the bonus offered without checking the withdrawal speed.
The Best Methods for Fastest Payouts
Instant payout online casinos all over the world cater to players from the United States, United Kingdom, Australia, and Canada.
These online casinos accept many different payment methods for deposits. All the fastest paying online casinos also have withdrawal or cashout methods such as bank transfer, credit card, paper check, PayPal, among others.
These casinos stay consistently up to date on the most recent software packages and updates, and they continue to maintain high standards to achieve these rankings and fast payout times.
All the casinos on our list have strong payout times, ranging from instantaneous to a processing time of a day or two–fast compared to some networks. It’s not unusual to wait over a week to get your winnings at some casinos.
Fastest Payout Withdrawals Available
Whether you’re a seasoned table games player or someone first starting out on virtual slot machines, you have one thing in common with other gamblers:
Everyone wants their winnings quickly and easily.
Most of the payout timeliness rests with the online casino and its array of payout options. Some are slow compared to others, and a combination of casino payout times and preferred withdrawal method can make or break an online casino’s timeliness reputation.
We’ve chosen some of the fastest casinos available.
Here are a few of the fastest payout options available to online gamblers:
PayPal
PayPal isn’t available at all online casinos to all players. Some countries have banned PayPal use for online gambling transactions.
If you have access to this payment method, you’re privy to one of the fastest forms of deposits and withdrawals available. Funds withdrawn from online casinos can consistently be deposited into your PayPal account instantly. From here, players can transfer your funds to your bank, or use the PayPal debit card to pay for offline transactions.
Transferring funds to a bank can take up to 2-3 business days to fully process.
PaySafeCard
The PaySafeCard provides players with incredible flexibility for online payments, allowing players to receive and pay money using a 16-digit PIN number. If you have the funds available on your PaySafeCard account, you can quickly and easily withdraw winnings and deposit them into the bank account linked to it.
Like PayPal, this process can be immediate, but the bank transfer can take a couple of days to fully process.
Electronic Wallet Systems
Fastest Payout Usa Casinos
Electronic wallets are a fast-growing payment alternative to direct linking of bank accounts or credit cards. Options such as Instadebit, Neteller, and EntroPay are becoming popular options. They’re also one of the highest convenience options for quick casino withdrawals. The turnaround will be fast with e-wallets, rivaling timeframes of PayPal and PaySafeCard.
Best Usa Fast Payout Online Casinos
As with PayPal, this process can be immediate, but the bank transfer can take a couple of days to fully process.
Skrill
Skrill is a globally-used third-party payment processor and a direct competitor to PayPal. Skrill’s not as well known in most developed nations, though. Formerly known as Moneybookers, Skrill has transfers that generally show up immediately in player accounts.
Some of the most popular online casinos on earth accept Skrill as a payment and withdrawal method. Like PayPal, PaySafeCard, and other e-wallets, this process can be immediate, but the bank transfer can take a couple of days to fully process.
Neteller
Neteller is a commonly-used third-party payment processor that has become popular amongst online gamblers and virtual casinos. Categorized as an electronic wallet, Neteller has earned a favorable reputation between professional players and high-level online casinos.
Not only is Neteller fast in terms of payouts, but they have also become one of the processors with the lowest transaction fees available. Like PayPal, PaySafeCard, and other e-wallets, the withdrawal process can be immediate, but the bank transfer can take a couple of days to fully process and become available in your bank account.
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