When you’re successful at an online casino, the next thing you want is to be able to access those winnings, preferably fast. However, many online casinos have processing times that seem to take forever, and getting your money looks like a distant dream. But that is all changing. There are more casinos offering fast payouts, catering to this need. So, what should you look for when finding a casino with fast withdrawals?
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Choosing a fast-paying casino
There are a number of key elements that should be first on your list when looking for a casino with fast withdrawals. First, while the payment methods provided are important, it’s not all about them. Casinos will have different payment policies, which will affect their ability to process quickly. For instance, standard processing within the iGaming industry is 48 hours, but fast payout casinos will drop this to between one and 24 hours.
When using a casino without registration, you’ll find that withdrawals are extremely fast. As you don’t need an account, you simply input your bank details and you’re good to go. One thing to think about when using these types of casinos is, of course, which bank account to use at the casino. Transactions at no deposit casinos can be some of the fastest around, but there are other quick methods as well.
E-wallets are leading
Without a doubt, e-wallets are the winner when it comes to fast payouts. Not only do they offer speedy withdrawals, but deposits are instant, too. Of course, you’re still going to have to wait for the processing time to be completed, but once that’s done, payments into your account will be instant. At this juncture, the only thing that remains is to choose the specific e-wallet that you’re going to use.
Skrill and Neteller head this list, offering favourable payout times coupled with high levels of security. To top it off, they have decent minimums and maximums of around £/$20 through to a whopping £/$30,000, though this will depend on the individual casino as well. As far as e-wallets go, PayPal is best avoided because PayPal holders are not often eligible for nice casino bonuses, and it has a lower cap on maximum transactions.
No registration required
Another fast payout option is heading to a casino without account options in place. As we mentioned earlier, this means that there is no signup process. Instead, all you need to do is to directly link a bank account to make the deposit. Most of these casinos will only have a deposit button on their page, and it’s through this that you select where you are located, the amount of deposit, and currency.
Choosing the bank you wish to deposit into alongside your bank ID is all you need. In some cases, there are further verification processes, such as those from Trustly, for example. Withdrawals occur in a similar fashion, usually without any fees, and once the short processing period is up, the withdrawals will pop up in your bank account within minutes. The best part? It’s anonymous because you haven’t had to make an account.
Credit and debits
Credit and debit card payments through trusted vendors like Visa and Mastercard are still among the most popular payment methods to date. This is due to the high levels of security that come along with them, not to mention the long-standing reputation both these brands have. Additionally, most people will use these payment options all over the web so it’s a logical choice to continue to do so at an online casino.
In general, credit cards and debit cards are a bit slower than e-wallets, usually taking between 3 to 5 days to turn up in your account. The plus side here is that they do offer some very high maximum withdrawal and deposit amounts, so high rollers can reap the benefits. For instance, there are casinos that may allow you to withdraw above their limit if you want to receive your all winnings altogether.
How to spot fast withdrawals
Now that you’ve had this brief rundown on what fast payouts entail, you’re in good stead to check them out for yourself. You might be wondering where to look, though. The first thing to do when checking out a new casino is to head directly to their payment options page. Most casinos offer a list of payment options alongside the projected amount of time transactions will take.
If you can’t find this information, simply contact the casino and ask about it. Some casinos will proudly proclaim their speedy payouts making your job that much easier, but it’s worth checking the details to be sure. Before finally committing to one payment method, you should also check your location and e-wallet availability as some come with their own specific differences, such as not being eligible for certain bonuses.
At the end of the day, e-wallets are emphatically the way to go, even in a fast-payout casino. These options are fast and safe. It is still prudent to check out the terms and conditions of the casino you’re at, though, and we also recommend sticking to the same deposit and withdrawal method to avoid having to redo verification checks. Performing these checks prior to withdrawals will also help speed up the process.