Fastest Payout Processing Casinos

A. Antonova (editor)

The online gambling industry keeps on growing at a rapid pace, welcoming hundreds of online casinos every year. It is not a secret that the demand for online gambling has dramatically increased over the last decade, and the trend shows no signs of slowing down. However, competition between online casino brands is fierce.

Operators of successful gambling sites are always trying to improve the quality of their services. Some key aspects of thriving online gambling businesses include lucrative bonuses and gaming diversity. Casino fans who do not wish to become the next victims of scam casinos should always do a background check of the brand and licenses issued to the casino operator.

An important step when selecting a web-based casino is to check the supported payment solutions you can use to manage your bankroll. Premier gambling sites employ proven and widely accepted payment methods. The speed at which a given casino processes payouts is also not to be overlooked.

Most casinos offer instant deposits, allowing players to embark on an exciting casino adventure right away. However, gambling sites that process withdrawal requests in a near-instant fashion are not a lot. In this article, we will provide more information on casino payout speed and ways you can enjoy your winnings faster.

Why to Check the Payout Speed?

Once you accumulate enough winnings in your casino account, you will most likely want to make use of them. If you do not want to wait for ages to receive your casino profits, you have to look for a fast payout processing casino.

Most virtual casinos process withdrawal requests within 2 to 3 days, but we have seen gambling sites that take more than a week to approve payout requests. Maybe you are wondering why some web-based casinos take so long to process payouts.

The truth is that gambling sites that process payouts slower are simply trying to stall the payout until players decide to cancel their withdrawal request and continue to play instead. Every expert casino player can confirm that the longer you play, the greater the chances of losing, which is exactly the reason why some brands may have longer withdrawal approval periods.

Many players decide to cancel their cashout requests during the pending period, which is also known as reverse withdrawals. Not long ago, the UK Gambling Commission introduced a ban on reverse withdrawals, with this measure being introduced to protect vulnerable players. Unfortunately, casinos operating outside the UK are not required to follow these guidelines and still allow reverse withdrawals.

Aspects Affecting the Payout Speed

The payout speed varies greatly between casinos. One of the main reasons for this is that some gambling sites have dedicated teams that deal with withdrawal requests only, ensuring much faster withdrawal processing times. What also affects the payout speed is the working hours of the teams. Some web-based casinos process withdrawal requests exclusively on business days while others also handle this type of request during weekends and holidays.

It is crucial to note that some casinos offer faster payout processing times and higher cashout limits to their VIP members.

Another factor that determines how fast your funds will enter your bank account is the selected payment solution. While cryptocurrencies and digital wallets carry out financial transactions in a near-instant fashion, other payment methods such as bank transfers might take up to 10 days to process the payment.

The table below shows the average time each of the most widespread payment solutions requires to process withdrawals.

Digital Wallets

The popularity of digital wallets keeps on growing. It is a preferred payment solution among online casino fans as it is safe and easy. What is more, digital wallets are cost-effective as transaction processing fees are small. In a nutshell, e-wallets act as an intermediary between your bank account and the gambling site. You have to select a preferred digital wallet and register with it. Then, you have to link your credit/debit card to your digital wallet.

Cryptocurrencies

Cryptocurrencies are decentralized digital currencies, meaning that no central bank controls their supply. Digital currencies have revolutionized the online gambling industry, with many reputable gambling sites accepting crypto payments. Some of them even offer various bonuses and promotions exclusively available to cryptocurrency depositors.

Thousands of casino fans prefer to use cryptocurrencies in an attempt to protect their anonymity online. What is more, crypto deposits are processed instantly, while withdrawals are carried out within no more than a few hours. Crypto transactions do not have burdensome fees. Even though all crypto transactions are public, blockchain reduces the risk of hacker attacks and fraud.

Some bank institutions are not allowed to carry out casino transactions. Hence, casino players can use only cryptocurrencies to initiate payments to and from web-based casinos. Undoubtedly, Bitcoin is the most popular cryptocurrency. However, many gambling sites have also embraced other virtual currencies such as Litecoin, Ethereum, Dogecoin, and many more.

Payout Delays

Payout delays are not uncommon, and there are various reasons for this. In most cases, the very first time payers request a withdrawal from their casino accounts, they have to submit photos of some documents for verification purposes. Proving your identity before your first casino withdrawal is related to special regulations and guidelines reputable gambling sites are required to follow. To ensure safe and responsible online gambling, operators are required to comply with KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures introduced by most regulators in the iGaming sector.

Successful online casinos usually have special teams responsible for checking the documents and verifying the identity of every player. A dedicated KYC support team usually means faster account verification that will also speed up the withdrawal process. Please note that even if you do not withdraw funds from a given web-based casino for the first time, some gambling sites reserve the right to perform checks on larger sums to ensure that the transactions are not fraudulent. The good thing is that players are usually asked to go through the KYC process only when they create their profiles or before they can request their first withdrawals. That means the withdrawal requests that will follow will be processed faster.

Provided that the web-based casino takes too long to process your payout requests, do not hesitate to contact the customer support department. Nowadays, most reputable gambling sites offer customer support services around the clock, with agents ready to help you speed up the payout process.

Withdrawal Conditions

Each online casino has a withdrawal policy. Before you set up an account at a given gambling site, be advised to read the fine print. Web-based casinos usually have withdrawal limits, indicating the minimum and the maximum sum you can cash out in a single transaction. The limits might be daily, weekly, or monthly.

Please note that some gambling sites restrict the number of withdrawals you can make within a given time frame. Some virtual casinos impose fees on withdrawals, while others process a given number of cashout requests over a specified period for free. It is also not hard to find an online casino that processes withdrawals for free. It is also important to note that casino fees may apply only to certain payment methods, with bank transfer withdrawals often incurring fees while other cashout solutions may allow you to withdraw your casino funds with no surcharges attached.

Do not forget that if you play with an active bonus, you have to meet any pending wagering requirements before withdrawing your funds. What is more, some gambling sites require players to stake the sum of their deposits at least 1x before a withdrawal is permitted. If you fail to comply with the withdrawal policy of a casino, your withdrawal request will be declined. In addition to that, you may lose any bonus funds credited to your account if you request a payout before you have met the respective bonus wagering requirements.

Top 5 Fastest Payout Processing Casinos

Fast payout processing casinos do exist and they are usually offered by reputable brands that will not attempt to stall the withdrawal process. In the lines below, our expert team has covered five top-shelf online casino brands that offer some of the fastest payouts. These casinos are legit and uphold flawless reputations in the iGaming market, ensuring that you will always enjoy a top-notch experience if you decide to join them.

1. Guts Casino

   

   • $100 Bonus
   • $10 Min. Deposit
   • 530 Games

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   When you are on the lookout for a proper virtual casino, you can always head to Guts. Thanks to an array of fun games, players can enjoy their time to the fullest and win real money during the process of gambling online. The virtual casino has made sure that its members will be able to pick their favorite titles from different categories such as slots, classic table games and live-dealer variations.

   New customers only. $10 min deposit. Bonus 100% up to $100. 35x bonus wager in 30 days. Skrill, Neteller, PaySafe excluded. Game weighting and terms apply.Read More

   New members of the casino have the chance to enjoy a strong start by claiming a bountiful Welcome Bonus. There are also different promotions available to regular players. In order to claim some of the offers of Guts, players are required to make a certain amount of deposit. This is extremely easy as the interactive casino accepts payment via some of the most popular and reliable payment options available online.

   Guts is a virtual casino you can always trust, especially when it comes to easy and secure management of one’s funds. In order to protect its patrons’ sensitive information and money, the interactive casino utilizes the same SSL encryption technology which is used by major banking institutions. This proves that casino members can always feel safe when they make deposits and withdraw their winnings at Guts. The withdrawal minimum is set at $/£/€10.

   For the convenience of players from different countries, Guts allows its members to set their accounts in several currencies which include EUR, USD, GBP, NOK, SEK, CAD, NZD. When you want to initiate a withdrawal you can do it in the currency you have picked for your casino account.

   When it comes to cashing out your winnings, you will be offered plenty of payment options. Among the methods you can utilize, you will come across e-wallets by Skrill and Neteller which ensure instant withdrawals. Not only does Guts allow players to pick convenient and fast payment methods but it only takes a couple of hours to process one’s cashout request. This way members of the virtual casino can receive their winnings in no time.

2. Casumo Casino

   

   • $1,500 Bonus
   • $10 Min. Deposit
   • 100 free spins on first deposit

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   Another reliable site is Casumo which is an online casino that offers its patrons a very engaging, fun and fruitful gambling experience. Casino enthusiasts will have the opportunity to explore various gaming options which will appeal to anyone from slots fans to table games lovers. For those who want to enjoy a more authentic casino experience, there is also a Live Casino section where players can play with real professional dealers and enjoy a great casino experience without even leaving their homes.Read More

   When it comes to playing for real money, Casumo definitely allows its members to control their gaming funds with ease. This is why players will come across payment solutions as Visa and Mastercard cards, e-wallets and bank transfers and PaySafeCard for their deposits. Except for prepaid cards, players can use all of the other methods for their withdrawals. The minimum amount they can cash out is $/£/€10 and they do not have to pay any additional fees.

   If you want to get your winnings in the fastest way possible, you are advised to opt for using an e-wallet either by Neteller or Skrill for your cashouts. This way you will be able to receive your money instantly after your withdrawal request has been approved by Casumo.

   To ensure that the casino members are safe and their personal details and funds are properly protected, Casumo always takes the best security measures. All of the sensitive data that enters or leaves the interactive casino is secured using an SSL encryption. This way players can be sure that no one will have access to the information they share with Casumo.

3. Betsafe Casino

   

   • $1,000 Bonus
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   • 250 Free Spins

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   Players who have decided to join Betsafe will definitely enjoy one of the best gambling experience. For those who enjoy both video slots and classic casino games, Betsafe has prepared a wide range of games that will fit the taste of every type of casino enthusiast. In addition to these categories, members of the interactive casino can also play at numerous Live Casino tables and enjoy a realistic gambling experience, without having to visit a land-based casino. The gaming diversity you will come across at Betsafe will definitely provide the right source of entertainment to every type of casino devotee.Read More

   For those who are trying to make their online gambling more rewarding and exciting, there are promotional deals that can definitely improve every player’s adventure. In order to make use of the offers of Betsafe, players are usually required to make a certain deposit. This will definitely not be an issue for patrons of Betsafe since the interactive casino accepts payment by some of the most popular and safe methods.

   The members of Betsafe are allowed to set their accounts in USD, EUR, CAD, GBP, USD, BGN, NOK, SEK, PLN. This way they can manage their casino funds in the currency which they find most convenient. The withdrawal minimum amount is $/£/€20 and players may choose from e-wallets, Entropay, Visa cards and bank transfers for their cashouts.

   Whenever you initiate a withdrawal, it may take up to 24 hours for the casino to approve your request. This is quite short time for processing of the request and ensures that players will receive their winnings in no time. If you want to receive your casino funds immediately after the approval of the withdrawal request, you should opt for payments via e-wallets.

   If you resort to using a Neteller, Skrill or PayPal, you will be able to enjoy instant transactions. This way you can be sure that your money will get to you in the fastest way possible.

4. ComeOn! Casino

   

   • $1,500 Bonus
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   • 150% Match Bonus

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   When it comes to fun virtual gambling and lucrative outcomes, it is definitely a great decision to become a member of ComeOn! And start playing for real money. The gaming website has prepared a wide range of games which will definitely appeal to every type of casino aficionado. The virtual casino offers a huge diversity in order to satisfy its members. In addition to that, ComeOn! offers a safe gambling environment which is very important for patrons of the casino.Read More

   When you are playing for real money, it is very important to have plenty of safe and easy-to-use payment methods. In order to ensure fast and secure payments, ComeOn! accepts credit/debit cards, prepaid cards, e-wallets and bank transfers for the payment carried out at the casino. Not all deposit methods can be utilized for withdrawals but players definitely have plenty of options when they are initiating a cashout.

   The minimum amount that casino members can request to withdraw is $/£/€20. Whenever players want to cash out their winnings, it usually takes a short period of time to process their requests. What is more, players who decide to use a digital wallet by Skrill or Neteller will be able to enjoy immediate payouts.

   One of the biggest advantages of playing for real money at ComeOn! is knowing that your personal details and funds will always be properly protected since the online casino is utilizing an SSL encryption. This means that no outsider will have access to the information you are sharing with ComeOn! and this will ensure your safety.

5. Videoslots Casino

   

   • $200 Bonus
   • $10 Min. Deposit
   • 4,000 Games

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   Members of Videoslots will be able to have an enormous amount of fun once they log into their accounts. Players will have the chance to explore a vast variety of games that fit the preferences of different casino aficionados. Furthermore, new players will be able to boost their gaming funds by claiming a Welcome Bonus when they make their first deposit. There are also races and other promotions that can elevate every player’s gaming experience.Read More

   Thanks to the long list of supported banking solutions, members of Videoslots will have an extremely easy time finding the most convenient payment solution. This way they will be able to make fast deposits and withdraw their winnings in no time. The minimum amount for withdrawals at ComeOn! is $/£/€20. Among the payment options, casino patrons will come across Visa and Mastercard, e-wallets by Skrill and Neteller, services like Instadebit and Trustly and many other easy-to-use methods.

   Those who want to receive their winnings in the fastest way possible are advised to use e-wallets such as Skrill and Neteller. This way they will be able to get their casino funds in less than 24 hours after their withdrawal request have been approved. This will allow Videoslots members to cash out their winnings in a fast and safe manner.