The reputation of an online casino seriously depends on how fast it processes payout requests and credits player winnings to their account. Players should, therefore, register only at online casinos with fast payouts. If they do this, they can rest assured of quick withdrawals of winnings as nothing is more disappointing than having to wait an indefinite period of time for one’s money.
If players want to know their chances of winning at an online casino, they must check out the total amount of money the online casino has paid out so far. Fast cashout casinos are the ones that pay out huge amounts of money in winnings on a regular basis.
Good online casinos can afford to process payout requests in the shortest possible time because they are financially sound. Online casinos are required to maintain sufficient funds in their accounts at each of the banking methods they support, and they can do this only if they are financially sound.
Online casinos with the quick payouts also offer excellent 24/7 customer support, pay players promptly, and do not keep payout requests in a pending state.
Here are a few factors that affect speed of payout.
Country: A country’s gambling regulations affect payout speed. Players may have to wait longer for their winnings if they reside in grey jurisdictions.
Banking Method: The time taken for the payout to reflect in players’ accounts depends a great deal on the banking method used. For example, electronic wallets such as Neteller, Skrill, PayPal, and others are the fastest payout methods. Credit card withdrawals are also fast, but players cannot use all credit cards as withdrawal methods. Wire Transfer and Paper Cheque take the longest to reach players, the exact time taken depending on players’ location and bank.
To make sure that your casino winnings reach you at the earliest possible, we encourage you to use the following recommended payout methods:
Neteller: An online payment processing brand belonging to PaySafe Plc, a financial company licensed in the UK, Neteller enables players to make and receive payments online quickly and securely and charges affordable fees.
Skrill: Formerly known as Moneybookers, Skrill is a fast and easy way to receive winnings from online casinos. To use Skrill, players only have to create a Skrill account and load it with funds.
Bitcoin: Bitcoin (BTC) is one of the newest ways to safely, securely, and anonymously make online casino deposits and withdrawals. Bitcoin is not under the control of any government, bank, or financial institution, which makes it the ideal payout method for players residing in grey jurisdictions.
PayPal: PayPal is an electronic wallet service like Skrill and Neteller. Players simply need to create a PayPal account free of charge and load it to start using it as a casino payment method.
eChecks: These are electronic versions of the old-fashioned paper checks. While not as fast as electronic wallet services, they are definitely faster than paper checks.
PaySafeCard: PaySafeCard is a prepaid voucher service that now belongs to PaySafe Plc, the same company that owns Neteller and Skrill. To use PaySafeCard, players have to purchase a PaySafeCard voucher and input the 16-digit PIN while making a deposit. Since PaySafeCard can also be used as an electronic wallet service, it makes an excellent withdrawal option.
The fastest payout online casinos process payouts either instantly or within 48 hours. Payout requests are hardly placed in a pending state for long. The quick withdrawal online casinos we recommend do not charge withdrawal fees, but players’ bank, payment processor, or financial company may charge transaction fees and foreign currency conversion fees.SHOW MORESHOW MORESHOW LESS
If players want their online casino winnings really fast, they should create accounts at electronic wallet services such as Skrill, PaySafeCard, Neteller, and PayPal.
Yes, Bitcoin is the newest way to make casino deposits and withdraw winnings. Players just need to create a Bitcoin wallet and share the address with the online casino to start using Bitcoin. But please not that at the present time not all online casinos take bitcoin. We advise that you look at our section for Bitcoin-friendly casinos.
US players should sign up only at the fastest withdrawal online casinos and use fast withdrawal options such as eChecks, eWallets, and wire transfers.
The minimum amount that can be withdrawn varies from one casino to the other. Players can usually find this information on the online casino’s banking page or FAQs page or get it from a customer care representative.
Some payment methods can be used for both deposits and withdrawals, but some methods such as MasterCard can be used only for making deposits.
The payout percentage is the percentage of the wager that is returned as winnings. It has nothing to do with a casino’s payout speed.