Fastest Payout Casinos | Instant Withdrawal Casinos
One of the key factors for choosing an online casino is the payout speed. In fact, it is the first thing most new players look for.
There is nothing more frustrating than hitting a jackpot and then being forced to wait to cash out the winnings! First and foremost, players want to be certain that their winnings are honored. After that, the processing time should be fast.
It is not just about the money. Fast payouts indicate other crucial things about online casinos.
- The casino operator is financially strong and stable. In order to offer instant withdrawals, a casino needs to keep a significant balance available for every payment method. That means 30+ accounts with enough funds to pay hundreds of players on the same day.
- Strong customer support is available. To keep players invested, casino sites need to have qualified personnel available 7 days a week, 24 hours a day.
- The casino is fair and reliable. Fast payouts are a good sign that the website is reputable. Quick cash outs mean that the company is not stalling. Unfortunately, some sites hope players will get impatient and play their winnings instead of waiting. (This dodgy tactic is called ‘winnings reversal’)
To sum up: the main thing you should check before making a deposit is the payment speed. Don’t trust the information advertised by the site. Read about it from trusted sources. We tested many of the top casinos for you to find the fastest withdrawal times. All of the sites have their cash out speeds verified.
Payout Speed Factors
Even if you choose the casino with the fastest payout, there are additional parameters that can effect those payout times. These factors can have nothing to do with the casino itself. Your country, payment method and the amount can determine how fast you get your winnings.
Different countries have their own unique gambling laws, which means different payment methods. In most countries, that shouldn’t worry you. There is a great variety of fast and smooth payment methods. There is one main exception to this rule, and that is United States. In 2006, the U.S.A. placed constraints on online gambling sites and banks. Because of that we made a second list specializing in the fastest paying American casinos.
Not long ago, Australia joined the U.S.A. in making complicated restrictions on casinos. This significantly limited the amount of payment methods. We updated the site with a table that specifies the quickest cash outs for Aussie players.
Some countries have clearly legislated online gambling and have no restrictions on deposits. Players from these countries have an advantage. With a good casino, these lucky players can get their winnings within in minutes!
Every payment method works at different speeds. We detailed each one for you here.
The fastest way to deposit and cash out is e-wallets. The most popular are Paypal, Neteller and Skrill. But there are plenty of other options as well. If you are looking for hassle-free and instant withdrawals, then you should use one of these options.
Credit card withdrawals can be also fast. However, not all credit cards allow you to withdraw funds back to the card. Check with your credit card company to be sure. This method is not available in the U.S.A. or Australia right now.
Wire transfers take longer, but it is out of the casino’s control. Even if they process your request the second you click ‘cash out’, it will take more time to appear in your account. Generally, wire transfers take up to 24-48 hours. This is a good solution for high amounts, but there are better options for small/medium payments.
Checks are without a doubt the slowest payment method. In the best case scenario, you will get the check in 2-5 days. Normally, it will be 7-10 before you the money gets to your mailbox. The timing depends on your location and the check company.
Bitcoin & Other Cryptos
Cryptocurrency is a new option on the market. It is popular in the United States and Australia, especially using Bitcoin. BTC does require users to have more knowledge and understanding of crypto payments. But Bitcoin is also one of the fastest payout methods available. Even players in problematic markets can get their winnings in the same day.
Since we first wrote this article, Bitcoin became the #1 withdrawal method in the U.S.A. and Australia. The reason is that BTC withdrawals are instantaneous. The withdrawal limits are usually much higher and can reach up to $10,000 per withdrawal.
The amount of money being withdrawn has an impact on the cash out speed. Most online casinos limit how much money can be paid out at a time.
If you’re playing with a reputable and fast payout online casino, you don’t need to worry. These rules normally do not apply to jackpots, particularly progressive jackpots. If you’re lucky enough to win a nice 6/7 digit jackpot, you will get that money right away.
It is important to know the limits for regular (non progressive) winnings. The amount varies from one market to another. In general, do not play at a casino that has a withdrawal limit below $2,000. Anything lower indicates the casino is not financially strong.
Fast Withdrawal Casinos – The Bottom Line
We cannot stress enough how important it is to stick to the fastest paying casinos. It will allow you to can gamble safely, and enjoy your winnings instantly. Slow payments are very annoying and stressful. Don’t let it take away all the fun of gambling.
If there is a single piece of advice we give to our visitors: make an effort, choose wisely, and don’t join casinos because of the bonus without checking the withdrawal speed first.