We are living in a fast-moving world where everyone is in a hurry. That is why it is quite understandable that players want to cash out their winnings immediately, without a need to wait for days or even weeks. Getting the winnings quickly gives players a feeling of safety and often becomes a key factor when choosing a particular platform.
Fast Payouts & Instant Withdrawals Overview
There are thousands of gambling sites on the modern market and it becomes more and more difficult for them to surprise users. That is why promotions and a diverse lobby are not always enough. Players want something more than that which results in a growing number of same-day withdrawal online casinos.
These are gambling sites that offer lightning-like cashouts that take only a few minutes or hours. Instant payout casinos have a simple recipe for success: a short pending period and cooperation with payment mediators that have the quickest processing time.
Best Payment Options for Fast Casino Withdrawals
The main thing that distinguishes fast withdrawal casinos from regular ones is the presence of payment methods with a short processing time. That is why if you want to start using the winnings as soon as possible, knowing the fastest withdrawal methods is a must. Here are the options that any quick payout casino should offer:
- E-wallets (withdrawal – almost instant): E-wallets are surely the most popular types of gambling payment methods because they are reliable, fast, and easy to use. It is not difficult to find a casino that accepts Skrill or Neteller.
*Important: when choosing Neteller casinos you might not qualify for some bonuses. - Credit/debit cards (withdrawal – 1 to 3 days): This banking method still remains one of the leading options in the gambling market. Millions of players choose Visa, MasterCard, and Amex casino platforms thanks to their reputation, stability, and security. Despite the recent credit card ban, there are still plenty of options available.
*Important: you should also keep in mind that not all instant casinos offer MasterCard withdrawals. - Bank Transfer (withdrawal – 2 to 7 days): Wire transfers are an extremely secure way of transferring funds from one bank account to another without any side companies involved. Such transactions are protected by the latest technologies and there are almost no risks. Even though bank transfers may take up to 5 workdays, they are still popular among players who prefer reliability and don’t want to mess with unfamiliar payment methods. Nowadays, more and more users choose casinos with Trustly which allows paying without third-party cards and apps. As a bonus, Trustly can speed up the withdrawal time.
- E-check (withdrawal – 2 to 5 days): This payment method type has been around for more than 20 years and still has a big number of advantages. First of all, electronic checks are extremely secure and reliable, so there’s no need to worry about losing sensitive data or money. Plus, they have lower transaction fees when compared to credit cards. It is especially good for those who are withdrawing big sums.
- Cryptocurrency (withdrawal – almost instant): It’s difficult to find a gambler who hasn’t heard of crypto. These virtual coins are steadily replacing traditional payment methods and already have a big advantage: they are instant and completely anonymous. Nowadays, a Bitcoin casino instant payout is a regular thing. Plus, there are often special bonuses and promotions for those who pay with Litecoin, Bitcoin, Ethereum, and other coins.
| Payment Option | Type | Payout Time |
|---|---|---|
| Neteller | e-wallet | 0-24 hours |
| Skrill | e-wallet | 0-24 hours |
| ecoPayz | e-wallet | 0-24 hours |
| Trustly | internet banking | 0-24 hours |
| Interac | e-wallet | 1-48 hours |
| iDebit | e-wallet | 1-48 hours |
| Bitcoin | cryptocurrency | 0-24 hours |
| e-Check | bank cheque | 2-5 days |
| Visa / Mastercard | credit/debit card | 1-3 days |
| Bank Transfer | internet banking | 2-7 days |
How to Cash Out Winnings at Instant Payout Casino
It doesn’t matter whether you choose the fastest withdrawal casinos or the regular ones: the procedure of cashing out the winnings looks the same. Here’s what you should do.
- Create an account at a chosen online casino.
- Make a deposit and start playing.
- After winning a certain amount or clearing the bonus wagering requirements, head to your personal account, and open the Cashier page.
- Insert the necessary sum and choose a payment option (if you haven’t chosen it by default yet).
- Press Submit to confirm the request and wait till the casino and bank process it.
Remember that every gambling site has its own minimum and maximum limits. Choosing low deposit casinos doesn’t mean that they will have low withdrawal limits as well. That is why we recommend reading the T&C before making a decision.
Reasons for Payment Processing Delays
Every online casino has its own withdrawal policies which may impact the time of cashing out. To avoid unpleasant situations, you should be aware of such issues in advance. The main reason for the payment processing delay is KYC procedures. Online gambling sites with fast payouts want to verify users, so you might be asked to upload extra papers and information before being eligible for withdrawal. For example, players from the UK might need to upload photos of their address or ID (passport or driver’s license). Other reasons include a pending period, meeting the wagering requirements, and verification of a payment method.
Pending period
The majority of gambling sites have a so-called pending period. During this time, players can cancel the request and continue playing with the existing bankroll, and a casino may check how you have won the money and whether all the terms and conditions are met. In some cases, you will be asked to verify the account. For example, if it is your first-time withdrawal or if the sum is big.
Remember: the quickest withdrawal online casino doesn’t have a pending period at all or it takes only a few hours.
Benefits & Drawbacks
Before deciding whether an instant cashout casino is a right option, we recommend getting familiar with the list of pros and cons completed by the Gamblorium experts.
| Benefits: | Drawbacks: |
|---|---|
| Instant transactions. | Not all payment methods available. |
| The most secure and modern payment methods. | Less online casinos on offer. |
| Improved control over your budget. | |
| Less stress and anxiety. |
Conclusion
When choosing a casino with instant withdrawal, users get a big advantage: they don’t have to wait long and can start using the winnings rather quickly. To make it happen, you should choose a platform with a short pending time and fast payment methods. However, the key to success is always sticking to a reliable and licensed gambling site.
FAQs
How long does it usually take to cash out my winnings?
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It depends on two factors. When choosing an online casino instant withdrawal options like PayPal and e-wallets should be on offer. A gambling site should also have a short pending period. On average, it takes 1-2 days to cash out the winnings.
Are there any particular quick withdrawal slots?
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When sticking to reliable platforms and software developers, all machines can be called fast payout slots because the terms and conditions are transparent. However, you should still check if a casino provides withdrawals 24/7 to speed up the process.
How can I withdraw my winnings?
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To withdraw the winnings, players need to head to the Banking or Cashier section, insert the necessary sum, and choose a payment option. After the casino verifies your request, it is sent to the banking mediator and the transaction takes place automatically.
Does the withdrawal time depend on the amount of winnings?
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The withdrawal time insignificantly depends on the requested sum. For example, if the sum is big, it will take a platform more time to check how you have won it. If you want to get paid quicker, we recommend choosing fast withdrawal banking methods.
Can I use the same payment method for withdrawals and deposits?
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Everything depends on the banking method. Some of them allow depositing but not withdrawing (for example, Paysafecard or Phone bill). Others support all types of procedures. For instance, PayPal, cryptocurrency, or Skrill.
Do I have to pay extra fees for an instant casino withdrawal?
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When choosing an online casino with instant payout you won’t have to pay any additional fees apart from standard ones. To minimize expenditures, we recommend picking banking options without any fees involved.
What are the fastest withdrawal methods?
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The banking methods with the fastest cashouts are PayPal, e-wallets like Skrill or Neteller, and cryptocurrency. When using these options, the withdrawals take from several minutes to a few hours.
What to do if an online casino refuses to pay out my winnings?
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Even the fastest payout casinos may be dishonest, so if you are sure that you’ve met all the terms and requirements but the platform doesn’t want to give you money, contact a regulatory body that has licensed it.
Are there any cashout limits I should know about?
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Yes, online casinos with instant withdrawal have cashout limits (both minimum and maximum ones). That is why you should get familiar with the terms before requesting a withdrawal. Usually, players with a higher VIP level have better cashout limits.
