We have tested many casino websites with our experience and research. Before a casino website gets listed with us, we check the reputation of the website extensively. With these results, we offer you a great list of reliable casino websites. We try to recommend sites that offer a wide selection of banking options with high limits, fees and, of course, fast payouts.
Paying out online gambling instantly
A fast casino payout is a good indicator of an online casino website that operates according to the law and maintains its customers with integrity. In order to process payments quickly, a website must employ many people. If a casino website hires enough employees to process payments quickly, this is good for safe online gambling and the desire to provide good customer service.
What is another important criterion: how easy to use is the particular online casino website. Easy to use and reliable is the best combination. A quick payout is not worth much if you cannot browse through the website and find what you are looking for!
Why do payouts sometimes take so long?
Before we can properly answer this question, we need to clarify the reason for what could be possible delays.
Account verification delays are one of the most common problems. Therefore, the online casino must adhere to an international regulation to ensure that the players are protected from fraud and at the same time prevent money laundering.
This account verification process is what casinos often call the “Know Your Customer” process. This process verifies that the players are who they say they are. It is also checked whether the money played with actually belongs to the player and is obtained legitimately.
Waiting time of payouts
The second factor affecting the waiting time of payouts is the payment method and/or payout method used.
E-wallets such as Skrill, Neteller and PayPal are safe, secure and handle transaction requests almost instantly. This means that the player actually only has to wait for the casino’s approval and will see the money appear in his account immediately afterwards.
Other payment methods such as Trustly, Instadebit are also known as payment methods where the money appears on your bank account almost instantly.
The last and most annoying cause can be a payout limit. A number of casinos apply a maximum payout amount on a weekly or monthly basis.
In a number of cases, this is only a few thousand dollars. This is done to protect themselves in terms of cash flow, but some casinos simply hope that you will gamble it away again.
Find the Fast Paying Online Casino
It’s best to go through the following steps to find the casino that pays out fast.
- Read Customer Reviews: Always read an online casino review before signing up. By looking at customer reviews, you’ll learn the good and bad things about a site. Withdrawals are essential, so players will write about them if a site is slow or doesn’t pay out and report on those that offer fast withdrawals.
- Check Transaction Time: For payouts, each banking method has a set transaction time. Typically, withdrawals can take minutes or up to a few days. Check how long it takes for a transaction to be processed, depending on your choice, before you even proceed to place a deposit.
- Check On Cryptocurrency: Cryptocurrencies are perfect for quick payouts. Bitcoin is a standard method that you can find at any top-rated online casino. Before you play, check to see if this option is offered.
- Multiple Withdrawal Methods: It’s a good idea to look at what the options are for payouts. Having multiple payout options is best to make sure you can use another method if needed.
How fast can you get the winnings paid out?
Nowadays, some websites pay out within 5 minutes. Especially with a direct transfer via Trustly or an e-wallet, you will have the money in your possession quickly.
Other payout options take longer, except for PayPal. PayPal is instant but is hardly offered by sites because the company itself does not want to serve too many providers. Paysafecard would have been a nice option, but you can only make deposits with it, and then it quickly stops.
Skrill, Neteller and iDeal fall under the e-wallets and are instant. Instadebit and e-check all take longer than Trustly, Mastercard and Visa.