Thereâs nothing more frustrating than making a big win and having to wait for days, or even weeks, to see the money land in your account. Fast withdrawal casinos make this a thing of the past by offering payments in just hours.
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Thereâs a common misconception that all casino withdrawals take days to clear. After youâve completed the KYC check thereâs internal processing and then the payment provider has to clear your winnings too. However, a lot has changed, even in just the last couple of years. Itâs now possible to have your funds - fast.
How do you define fast though? Itâs a little subjective, but for us at Casinotypist, anything under 24 hours is fast. Some casinos can do it even faster, in just a few minutes if you choose the right payment provider.
Thereâs nothing more frustrating than landing a big win and having to wait for days, or even weeks to see it land in your account. If you can make a deposit and it lands in your account instantly, it feels a little unfair that those same speeds canât be matched for payouts too.
Some casinos are hoping to change that and this is why itâs so important to them.
Many online casinos believe that you should have quick access to your payouts. After all, itâs only fair. Faster payment methods are starting to make this possible, with e-wallets and cryptocurrency leading the charge.
A common misconception is that fast withdrawal casinos donât have such extensive safety measures as casinos with slower withdrawal times. As long as the casino youâre using has a licence, you can be sure itâs fair. Beyond this, casinos can speed up withdrawals by asking you to complete the necessary Know Your Customer (KYC) checks ahead of time. This means thereâs no need to stall the withdrawal process while they gather information.
As well as fairness and addressing any security concerns, the main reason that casinos want to achieve faster withdrawals is to see their customers satisfied. While some customers want huge game catalogues, others want low minimum deposits, and the rest want bumper bonuses, one thing that customers from all walks of life can agree on is fast withdrawals. After all, thereâs nobody who wishes their payouts would take just a little longer!
Making payouts faster means that casinos are able to keep their existing customers happy and even attract new ones because of their superior payout times. Itâs a win for casinos and a win for customers too.
Fast payouts are something thatâs becoming much easier to find. As casinos strive to become more transparent and trustworthy, fast withdrawals are becoming the norm. To help your payments along, there are plenty of steps you can take to speed up the process. Remember, completing your KYC, choosing a licensed casino, withdrawing within the limits, and opting for a speedy payment provider are all factors within your control! And they will all help you get your payment in hours, rather than days..
You can complete the KYC either by heading to your account settings and uploading your documents, or by contacting the customer support team and asking what you need to send. This will get this part of the process out of the way, making your future withdrawals stress free.
All good casinos will have a page about their payment terms. Youâll often find this in the FAQ or the Help files. Take a look at minimum and maximum withdrawals, as well as how long processing times are.
When itâs time to withdraw, choose the provider with the fastest payout terms. On some casinos this could save you as much as ten days!
If you still have a wagering requirement to fulfill then make sure you complete this before you make your withdrawal request. At best, an unfulfilled wagering requirement will slow down your withdrawal dramatically, at worst it could cancel your withdrawal request or even forfeit your bonus money.
Remember the withdrawal limits that you found in the payment terms. Itâs very important to make payments of at least the minimum amount, but no more than the maximum amount.
In the battle to reduce withdrawal speeds, there are a few things that get in the way. From payment providers that donât pull their weight to internal processing times that are difficult to shorten. Letâs take a look at some of the ways that casinos are using to speed up your transaction times.
There are some payment methods that are just inherently slow - and thereâs really nothing to be done about it. However, as technology progresses, companies are finding work-arounds to speed up the process. Below is a very quick breakdown of how fast certain payment methods can process your transactions.
If thereâs one thing thatâs in your control as a player, itâs the KYC process. Doing this ahead of your first withdrawal is the easiest way to save time. Itâs a legal requirement for casinos to collect this information, so by completing it early, you avoid stalling your first withdrawal.
Upload your documents in advance and choose casinos that are known for having an easy, streamlined KYC procedure. It could take days off your initial withdrawal time.
Plenty of us assume that as soon as the casino has processed the payment that weâll receive it immediately, but this isnât the case. The total withdrawal time is made up of two parts: the casino processing time and the payment provider processing time.
If youâre paying with fiat (normal) currency, then your payments are likely to take longer at the weekends. This is because banks donât process payments on weekends, or bank holidays. Sometimes itâs compounded by casinos not processing payments on weekends either.
To avoid a long wait:
So, youâre after speedy payouts. Whatâs the best way to find a good fast withdrawal casino? Other than taking our recommendations, these are some of the things you should look out for to make sure you get the fastest casino payments possible.
Your first port of call should always be to check what payment methods are available to you. If you can only use bank transfers then pick a different casino! Look for e-wallets and Visa Fast Funds if youâre using fiat currency. If youâre using cryptocurrency then make sure itâs accepted. Both of these payment methods will significantly speed things up.
Nobody enjoys reading the terms and conditions, but there is so much information to be found there. Check out the payment section of the T&Cs to find out about withdrawal limits, processing times, pending periods, and more.
Knowing about withdrawal limits will help you avoid making a withdrawal request that canât be processed. If you know that the casino takes 24 hours to process payments then you can build that into your expectations. In this instance, knowledge is power.
Unlicensed sites are never a good idea. And when it comes to trying to withdraw quickly, theyâre even worse. Reputable regulators ensure that casinos have to pay you out in a timely manner.
If a casino doesnât have a licence then they arenât beholden to any of these rules - meaning they can pay you out as slowly as they like. Even worse, youâve got no legal recompense if you choose to gamble at a site without a licence. So the moral of this story is always pick a licensed site.
Weâre all guilty of over promising and under delivering from time to time, but you want to make sure that your chosen casino hasnât fallen into that trap. A good way to do this is by checking out real player feedback.
Sites like TrustPilot can be a good place to check, or even forums like Reddit. If you find that people often complain about withdrawal speeds, then itâs possible the casino site isnât living up to its promises. Backing this up by reading a review from a professional, independent review site (like us!) can help you to establish if player reviews are trustworthy.
| Casino | Bonus | Rating |
|---|---|---|
| boomerang |
100% up to âŹ500 + 200 FREESPINS |
|
| rollbit |
100% up to âŹ5 + - FREESPINS |
|
| ggbet |
100% up to âŹ1500 + 500 FREESPINS |
|
Weâve already taken a look at how to spot the signs of a fast withdrawal casino, but thereâs one extra step you can take to make sure you never have a held up payout again. Choose your withdrawal method wisely.
Below, weâre going to take a look at a handful of the most common fast withdrawal methods and how they stack up against one another.
E-wallets are available at almost all online casinos nowadays. Whether its PayPal, Skrill, Neteller, MuchBetter, or some of the newer options, itâs pretty unusual to find an online casino that doesnât offer at least one e-wallet payment method.
Why are they so fast? E-wallets are able to completely bypass traditional banking networks. You know we talked about banks not making payments at weekends? That hassle is totally eliminated with e-wallets. All transactions here happen within whatâs known as a closed-loop system, so your winnings move from the casino to your e-wallet account more or less instantly.
As well as avoiding delays through avoiding banks, e-wallets also tend to be the method thatâs most likely to be automatically approved by a casino. That means the casinos internal processing time is slashed.
Tip: If youâre playing at a casino where you need to convert currency then e-wallets are often the most budget friendly option too. Because e-wallets operate across lots of countries, theyâre able to support many different currencies with low or no conversion fees.
Cryptocurrency transactions have the potential to be lightning fast. In fact, one of the core ideas behind this type of currency is speed. Cryptocurrency is whatâs known as a decentralized currency - this means it doesnât rely on central banks - at all. Naturally, this speeds up the payment process and means payments arenât restricted to any timelines. They can be made at the same super-fast speed 24 hours a day, 7 days a week.
Opting for a well-established cryptocurrency like Bitcoin, Ethereum, or Litecoin is most advisable, to take advantage of their more polished networks and lower gas fees.
Tip: Finding a crypto casino is the biggest hurdle youâll face with these types of payments, as they tend to be more specialist. Thankfully, many of our most recommended casinos offer crypto payments.
If youâre keen to stick to a more traditional type of payment then you neednât miss out on speedy transactions. New technology has enabled the traditionally slow and secure methods of withdrawal to be sped up considerably.
Trustly is a clever option which connects directly to your bank account. This is great for two reasons. Firstly, it means you donât need to share your bank information directly with the casino. Secondly, Trustly can facilitate payments much more quickly than a traditional bank transfer would.
Youâll find that Trustly is widely accepted at fast withdrawal casinos and can cut bank transfer times down from as much as 10 working days to just a few hours.
Now that you know how to spot a great fast withdrawal casino, and which payment methods to choose, itâs time to look at some common pitfalls you should avoid. While casinos typically do everything they can to get your money to you on time, there are some mistakes that we can avoid as players to help them along.
By law, casinos are required to obtain your personal information. They do this through something known as a Know Your Customer process, or KYC. Some casinos will insist you complete the KYC before you can even access a game, others will let you complete it in your own time. But, all casinos must make you complete your KYC before you make your first withdrawal.
If youâre keen to make a withdrawal quickly then itâs essential you complete it before you make your withdrawal request. That way, the casino has time to check your documents (such as passport, utility bill, and proof of funds) before starting the payment process.
Withdrawal limits are in place at all casinos, but they vary depending on which casino you use. Some offer low limits of just $5, others can be up to $40. Itâs important to remember that casinos have upper limits too, which could come into play if you make a large win! If you try to make a withdrawal thatâs outside these limits then it will be rejected and youâll have to start again, slowing the process down.
As well as withdrawal limits, some casinos (though not too many) impose pending periods before theyâll process withdrawals. This is usually as a way to stop casino bonus abuse, and shouldnât last for more than 48 hours after your first deposit.
As a keen sports bettor (and reel spinner too), Claudia approaches her research with the diligence of a detective. She loves nothing more than trawling through the fineprint to find the bonuses that are actually worth claiming and warn her readers about the ones that aren't. Whether sheâs demystifying casino jargon or creating straightforward content, her mission is to help readers find sportsbooks and casinos theyâll truly enjoy - rather than handing out five-star ratings left right and centre.
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