• Best Online Casino Fast Payout

Some online gaming portals pursue the objective of offering fast payouts (or instant withdrawals) to their players. These are known as ‘instant withdrawal casinos’ or, put very simply, ‘fast payout casinos’. Some online casinos are able to transfer your winnings within a few hours of requesting a withdrawal (less than 24 hours).

While just about every online casino allows you to deposit money instantly, getting paid can be another matter. But whether you need to cash out your small win or want to grab the big jackpot you’ve just hit, you deserve easy access to what’s rightfully yours. Online casino fast payout platforms agree. These are casinos that offer fast payouts when you use certain deposit methods.

While even the fastest of payouts might not be instant, they’re still quick. Withdrawals tend to take longer than deposits because the casino needs to protect itself and you. As a result, casinos have security checks in place that require their customer care team to manually authorise a withdrawal. This can take a few hours to a couple of days, depending on where you play and what payment method you use.

The online casinos that make our list of top recommended platforms aim to process withdrawals within a few hours, and sometimes right away.

Waiting for Your Winnings

Depending on which payment option you choose, cashouts can take anywhere from a couple of hours to several weeks. E-wallet services tend to be the quickest, no matter where you play, and they are also highly secure and convenient. Withdrawals to credit and debit cards can take from 2 to 5 business days, while bank deposits, transfers and cheques can take close to a month.

Besides these waiting times, your withdrawal request may be subject to a pending period, which can be anything from 24 to 72 hours on average. This is due to the verification process. Any online casino worth it’s salt will ask you to send in the documentation, such as a credit card, valid photographic identification and proof of your residential address. It’s an important security step to complete before withdrawals can be processed. Once you’ve sent the relevant paperwork in, though, future withdrawals at 10 deposit casinos and other platforms will be quicker.

Speeding Up the Process

Whether you’re about to make your very first withdrawal at a particular online casino, or it’s something you do regularly, fast payout casinos do their best to get your cash to you quickly. But there are a few things you can do to speed up the process.

Firstly, the banking method you choose matters when it comes to speed. Online casinos cannot do a whole lot once they have processed and approved your withdrawal request. You have to wait for the funds to appear in your account. So, if you request payment via cheque, you need to wait for the cheque to be printed and posted. But if you choose an e-wallet, you can expect your funds within a matter of hours.

As we mentioned, you may also need to provide identification. One piece of advice we can give you is this; send that paperwork in when you register your account and you can enjoy faster, smoother cashouts from your very first withdrawal.

Take a look at our King Billy review for an example of online casino payment processes.

The Best Banking Methods for Fast Payouts

As you can see, the speed of a payout very much depends on which banking method you choose. Even a casino that promises same-day withdrawals cannot promise a timeframe for when you will receive your winnings. So, let’s look at a few of the quickest banking methods for withdrawing your winnings.

E-Wallets, including Skrill, Neteller and ecoPayz

These are popular payment methods when it comes to funding your casino account, so no doubt you will want to use them to withdraw your cash, too. In fact, many online casinos require you to withdraw to the same method as you used to make your deposit. These e-wallets tend to offer same-day withdrawals, but it could take a business day for the funds to reflect in your e-wallet account.

It’s worth noting that there are a few country restrictions in terms of e-wallets. For instance, Skrill and Neteller aren’t available in Canada, but players in Canada can use ecoPayz.

PayPal

PayPal is arguably one of the most popular payment methods at online casinos. It’s fast, efficient and secure. It’s also one of the fastest payment options available for online players. PayPal, however, tends to be restricted to UK and Malta casinos, and there are a few casinos that accept PayPal for Canadian players, too.

Cryptocurrencies

If you’re a dab-hand at online gaming, you’ll already know that cryptocurrencies offer secure, anonymous and ultra-fast transactions. If you choose to play at an online casino that accepts the likes of Litecoin, Bitcoin and other cryptocurrencies, you can look forward to quick payouts. Take a look through our list of top recommended casinos to find those that accept cryptocurrencies.

Credit and Debit Cards

The casinos that make our top list of fast payout casinos aim to process withdrawal requests on the same day if you deposit using a credit or debit card. Once that cashout hits your account, though, it all depends on the card issuer or financial institution and will vary in the amount or number of days in question.

Instadebit

Instadebit is a quick and easy casino banking method available to Canadian players. It operates in a similar way to PayPal, where you can connect your free Instadebit account to your bank account and then instantly deposit funds. When you’re ready to withdraw your winnings, you can look forward to a fast payout. You can then withdraw the funds from your Instadebit account to your bank account, which takes about 3 working days.

Play at the Best Online Casinos with the Fastest Withdrawals

If you want lightning-fast casino payouts, you’re in luck. Our team of gaming experts takes the time to test every online casino we recommend. We make sure that you can not only withdraw your winnings quickly but that you also have access to thousands of exceptional casino games. What’s more, you can take full advantage of the exciting welcome bonuses and promotions on offer – some of which are available depending on the deposit method you use.

When it comes to getting your hands on your winnings as fast as possible, it all depends on the banking method you choose. As we’ve highlighted, e-wallets and cryptocurrency are the fasted methods, with credit and debit cards coming in next. Wire transfer and cheques tend to take the longest.

When you sign up at a casino or read through our reviews, take note of the different timeframes. Casinos process different withdrawal requests within different periods depending on the payment method. Sometimes withdrawal is instant, and other times you’ll need to wait a few hours up to 5 business days for your request to be approved. Then there is the amount of time it takes for the cash to reflect in your chosen account.

Remember to send in your verification paperwork early, and you’ll start off with fast and simple withdrawals right from the very beginning.

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:

1. 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.
2. Strong support: to keep this going, you need to have high qualified support personnel available 7 days a week, 24 hours a day.
3. 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

Besides the casino itself, there are few parameters that affect the payout time: your country, payment method, the amount.

Best Online Casino Fast Payout

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.