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  2. Casino Reviews
  3. Fastest Payout Casinos

Fast Payout Casinos

Apart from the welcome bonuses, the other ever-evolving casino topic is related to the fast, trouble-free payouts. You can hardly find a casino boasting about paying out players’ winnings in 5 days. Quite the opposite, most of them promise same day payout or even a 2-hour payout. Unfortunately, those that kept that promise are few.

No, casino management is not always to blame as there may be hinders that delay the payment. However, you cannot check a casino’s payout speed before you make a withdrawal, so you have two options. You can either take their promise for a blazing fast payout at face value or stick to the casinos below, as they have a proven record of paying players’ winnings on time. For your convenience, we have also compiled a list of common questions that will give you an idea of what to expect if you have never withdrawn casino winnings before.

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Fastest Payout Online Casinos

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1Fastest Payout Casinos
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PowerSpins Casino

5.1 / 10 Average

100% Bonus up to £/$150.

  • Heavy focus on slots
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1

18+ | New Players Only | T&C Apply

Reasons for delayed payment of casino winnings

Casinos have a lot of requests

Although this is not an excuse for violating the rules they have imposed themselves, sometimes delays can happen due to a high volume of withdrawal requests. Also, if you play at an online casino that does not offer weekend withdrawals, your request will be processed on the first working day.

This is your first withdrawal request

If you have never withdrawn money from that casino before and you haven’t verified your account beforehand, you will have to send the necessary paperwork. After that, your withdrawal request will be processed. The whole procedure may take up to a week.

You have not sent all documents needed

Casinos have strict anti-fraud policies and players have no choice but to comply with them. To have your identity verified, you need to consult with the casino management and send clear copies of all documents required. Make sure you do as they advise to avoid unnecessary delays.

You are not old enough to play

Your winnings will not be confiscated once the casino management discovers you are under legal age to play.

There is a 24h pending period (reversal)

Some online casinos leave players’ withdrawal request on “pending” for 24 hours. During that time, you can reverse the withdrawal and continue playing instead of cashing out. If you take no action during the 24-hour pending time, your withdrawal will be processed.

You have requested a withdrawal via bank transfer

The advantage of the bank transfer deposits and withdrawals is that there is no limit as to how much you can deposit/ withdraw. That’s the reason why it is among the primary payment methods used by high rollers. On the downside, bank transfers and wire transfers take several days to complete.

Fastest Payout Casinos F.A.Q

Yes, these casinos are also known as no account casinos. You do not have to open an account and go through an account verification procedure. However, there is a catch. You have only one payment method available – Trustly. Both deposits and withdrawals are instantly processed via Trustly.

Technically, e-wallets are the fastest payout method. If you request a withdrawal to an e-wallet, the amount will show up in your Skrill/ Neteller/ PayPal account in a few hours. If you are planning to use the money to make online payments, you have nothing to worry about. However, if you want to withdraw your casino winnings from the e-wallet to your debit card, it depends on your bank how long it will take for the transaction to complete.

Although it is not written in stone, the reasonable withdrawal processing time is 24 hours.

Some online casinos extend the processing time period to 72 hours to give themselves time in case they have too many withdrawal requests to review. If you have sent the required documents and after three days you see that your withdrawal request is still “pending”, it is time to contact the customer support and figure the situation out.

The payout percentage is the amount the casino gives back to players in a long run. If the casino payout percentage is 96%, it means players get a return of £96 per every £100 deposited.

Payout time refers to how fast withdrawals are processed.

No, casinos do not have such a service. Each withdrawal request is manually evaluated by the casino team. They will get in touch with you in case of an issue.

It depends. If you are a new customer and you have scored a massive win, casinos may ask you to send some additional documents, which can result in a slight delay.

In most cases, yes. Due to anti-money laundering laws, casinos require you to withdraw your winnings to the same credit/debit card/ e-wallet account, you used for depositing. If you used a prepaid card or any other payment method that does not allow withdrawals to it, you will have to go for a bank transfer.

If you have opted for an international bank transfer, then yes. These transactions take up to 10 business days. Withdrawals to e-wallets are not dependent on location.

Some casinos set a limit as to how much you can withdraw per week or month. If the casino has set a $5000 weekly limit and you won $8000, you will receive your winnings in two tranches. The first one will be £5000. The remaining £3000 will be paid a week later.

Bottom line

The payout speed should be a major factor when opening an online casino account. Fast payouts indicate that the casino you have chosen is financially sustainable and committed to establishing relationships with players based on fairness. No reputable casino would delay your payment for 2 weeks hoping that you will get tired of waiting, reverse the withdrawal and play through your winnings. To cut a long story short – stick to the brands Correct Casinos has tested on your behalf and don’t worry about scam casinos. Sooner or later, they will end up in our “blacklisted casinos” list.