Fast Payout Casinos

As you will see – the only instant withdrawal type is the E-wallet.

Thanks to e-wallet and virtual payment processors, this problem is moving toward a resolution. By using services like PayPal, Neteller, and Skrill, you can have access to instant withdrawals from an online casino. These so-called fast-pay casinos are growing in popularity but do not be fooled by fancy gimmicks and big promises.

You have to keep in mind that casinos want you to deposit your money and gamble with it. They want you to keep playing and not withdraw anything. Less reputable casinos might use these waiting times to tempt you to play with the money you might have withdrawn. Research is your friend in the endeavour to find an online casino suited to your needs. There are tools like VPNs and website checkers to help you do comprehensive research outside of your country.

The last thing this introduction needs to remind you is that online gambling is meant to be fun. It is a source of entertainment and not a means to make money in order to live. Do not put your hard earned money into an online casino if you have rent to pay.

Reasons to choose a casino with fast payouts

Some might think that picking a casino based on their payout times is essential. It does seem desirable to have quick access to the funds in your casino account. Others might not care and prefer to use bank transfers because of the higher limits in terms of payout amounts.

However, fast access to funds is not the only reason to look at a casino’s withdrawal methods. A variety of both deposit and withdrawal methods is a sign of a reputable online casino. If popular payment processing companies are working with a particular website on a long-term basis, it is a good sign.

You have to make sure that the casino’s payout trend is based on the long-term. Online casinos may have good payout reviews for a month or two, but you need to be able to confirm payout accountability over a more extended period of time.

The well-known bank transfer or card payment

Some might feel more comfortable with the ‘old-school’ payment methods. However, they are infamous for their reflection times. Bank transfer can take up to five days to make it back into your account. Debit and credit card payouts usually make you wait between 24 and 72 hours to reflect.

There is an upside to these payment methods, though. High-rollers prefer bank transfers or bank wires because there are often higher or even no withdrawal limits.

The e-wallet

Payment processors linked to your bank account have become the fastest and safest way to transact online. We know them as electronic wallets or e-wallets for short. It is a virtual space where you can send and receive money without credit or debit card details. Paypal might be the most well-known example of this.

Most of these services transact in US dollars or Euros but are situated in countries like Malta. The e-wallet is faster because it does not need the time a standard bank account needs to clear your country and the casino’s.

Instant payments

The next perk of e-wallets is the quick transfer of funds online. Deposits and withdrawals instantly reflect in casino accounts. The problem? Fewer places take payment directly from PayPal and even fewer from other e-wallet companies. The cash is technically not in your hands yet. You might still have to wait hours or days for the money to be transferred from your e-wallet back into your linked bank account.

Cryptocurrency options

Virtual currencies are becoming very popular among online gamers. You can opt to use your cryptocurrency account to make deposits to and request withdrawals from online casinos. It is not a common sight to see on all online casino websites, but at the moment, it looks like the numbers will continue to grow.

The reflection time of a withdrawal might be the same as a bank transfer, but some sites do provide you with the option of paying an upgraded network fee. This fee upfront means that you will have instant access to your money when transferred from your casino account.

The attraction of cryptocurrency lies in its anonymity. You often don’t need proof of ID to request a withdrawal to a cryptocurrency account. Crypto casinos are becoming more and more trendy.

Due Diligence

Find a reliable casino with a good reputation. It is up to you to do the research and find a reputable casino that suits your needs. Casinos need to be licensed for your safety and theirs. Gaming authorities keep an eye on casinos’ operations and deem them legitimate.

There are many laws that come with online gambling, which will differ from one country to another. An online casino might be available to players internationally, but it needs to be registered in the country it is based.

Many casinos choose Malta, Curacao, or the UK, and you will find them licensed with the Malta Gaming Authority, Curacao e-Gaming Authority, or the UK Gaming Commission. Some casinos might be licenced in more than one country.

Having a valid license does not let you off the hook, though. You still need to check a few things before signing on and depositing your hard-earned money into their account. Advertisements will dazzle you with amazing bonuses and deals. They will sing the praises of whoever pays them to do so. Do not fall at this first hurdle. Look deeper and always remember Ts and Cs apply.

Things you need to look up:

• Casino license
• Player Reviews
• Deposit and Withdrawal methods
• Withdrawal fees, conditions and waiting time
• Terms and Conditions on Bonuses
• VIP Programs
• Casino Operation Hours
• Wagering requirements
• Know Your Customer (KYC) guidelines and Anti-Money Laundering (AML) Laws

There are various reasons for you to look up the things on the abovementioned list. All of them affect the amount of time it will take to get pay-outs. The casino’s license speaks to its reputation. You will always find people who try to take advantage of a good thing. There are reports of players being unable to get their money out of a casino.

You will pick up the warning signs from other players’ reviews too. Casino websites might have payout information available on their site, but you need to look up outside reviews on other websites. Customer reviews are a valuable source of information based on experience. The key here is never to believe just one website or person. Look for repeat problems or complaint consistencies.

Requesting a withdrawal from any casino is no small feat. You need proof of identification and proof of residence to start. If these verifications have not been done on sign-up or before requesting the withdrawal, your reflection time will be lengthened. It helps to look up the KYC and AML terms and be aware of what is required of you and the casino.

Other things might affect your withdrawal time. Some casinos have VIP programs that will shorten reflection times and increase withdrawal limits. Some casinos don’t operate 24/7 or have limited support hours. This means that you might not be helped immediately, or your request won’t be processed immediately.

Another huge factor that affects payouts is the bonuses you use. Casinos put wagering requirements on bonuses. You may use the bonus to play immediately, but you need to adhere to these requirements if you want to cash out that money.

Check the fees

Another thing to search for in the terms and conditions is the withdrawal fees. This might be a percentage of your withdrawal determined by the casino or the banking costs associated with making the transfer.

Casinos don’t usually offer a higher fee for a quicker transfer, but your payment processor might have an upgraded network fee that might expedite the process.

Signs of a reputable casino

Fast and reliable payouts are inexplicably linked to a reputable casino. A casino’s dependability might even be more important than a quick payout. There will be a greater game variety. You will have a better overall experience in a casino that has been tried and tested.

Here is a list of signs to look out for when trying to determine a casino’s legitimacy:

• Registered and Licensed
• Majority positive reviews
• Good software providers
• Trusted withdrawal methods and payment partners
• A clean slate on third-party casino sites
• RTP
• Customer support available 24/7
• Clear and always available Terms and Conditions page
• Website URL that starts with HTTPS://

Majority positive review

No one is perfect, and that is undoubtedly true of any service provider. It is essential not to get stuck on one good or one bad review. People are incredibly opinionated and will look for problems. However, a consistent stream of the same type of situation does indicate that the issue might lie with the casino.

Player reviews might also highlight things that are important to you or that you don’t care about at all. These reviews can help guide you towards a reliable casino and a casino that appeals to your gameplay preferences.

Trusted withdrawal methods and payment partners

Services like Paypal are known for doing their due diligence and being picky about who they affiliate with. The variety of payment and withdrawal methods available through an online casino also speaks to its reliability.

A clean slate on third-party sites

There are many websites that host reviews about online casinos and the game that is available on them. These third-party websites have no vested interest in advertising a casino. You will find player reviews here as well as blacklists of sketchy casinos to watch out for.

Customer support available 24/7

Casinos that have the resources and staff to support a 24/7 customer assistance services are by definition more reputable. Someone is on hand to help whenever you need them, whether you are a VIP or not. It also speaks to the casino’s ability and cash flow to support a bigger staff.

Website URL starts with https://

The ‘s’ in the above statement is what is vital to a safe online experience. It means the site is secured, and therefore the information you are entering into the site is protected. You should not enter any personal or bank information on a site that only has HTTP://.

The wagering requirement

A wagering requirement is placed on winnings of bonuses that casinos offer to their clients. It means that you have to bet a certain amount of money before you can cash out. This requirement will differ from one casino to another but usually fall between ten and 50 times the bonus amount.

A casino might offer a 100% match deposit welcome bonus. If you deposit $50 and the casino matches that, you have $100 to play with. The casino bonus, in essence, is $50 for you to bet with. The casino might have a wagering requirement of 10x. You then have to have wagered and played with $500 before being able to cash out winnings earned with the bonus stake of $50.

Bonuses are designed to keep you playing for longer, and the wagering limit adds to that pressure to keep playing. You can bet any of the winnings from bonuses immediately but withdrawing them takes time. Setting a high wagering limit means you will have to play longer and bet more before being able to submit a withdrawal request.

Casinos with no wager bonuses are cropping up all over the web as a response to player’s frustration with high wagering requirements. Most of these have not had the opportunity to be tried and tested, but some are receiving good reviews. They focus on free spins matched to your deposit rather than match bonuses.

It is your first withdrawal

Getting all the paperwork done for a first withdrawal might feel like a mountain to climb. The casino will do Know Your Customer (KYC) checks to ensure that you are who you say you are and that you live where you said you did.

This will mean the first payout you receive from any online casino will be delayed. The approval will take time, even if the payment method is instant. You might have to fill out paperwork multiple times. Luckily that frustrating back-and-forth should only apply to your first withdrawal request.

The pending period

Casinos run different checks when you request a withdrawal. The payout time only starts from the moment the withdrawal is approved. The pending period is extra time that you might wait. It might take minutes, or it might take a few days. Be aware that you might wait longer even if you are gambling with a fast payout casino.

Other casinos might have a 24-hour pending period to simply allow you to change your mind. During this time, you have the ability to recall the withdrawal request.

Third-party providers

Banking hours or the operating hours of your financial provider might delay payment. This is out of the casino’s control. E-wallets and cryptocurrency providers like Bitcoin mostly operate 24/7, but banks do not. You need to be aware of this when requesting a withdrawal because the casino might not have anything to do with your waiting time.

Third-party intervention and legal actions

You signed up for a fast payout casino, but nothing has been paid out. After spending time filling in all the paperwork, providing all the verified documents, adhering to bonus terms, no deposit shows up in your account. What do you do now?

First, get all your ducks in a row. Make sure you have adhered to wagering requirements and have provided all the documents requested of you. Remember, the casino might have a pending period that needs to be added to the reflection time. You also need to adhere to its rules. If the payment was made by someone else into your casino account, your wins might get voided under the AML Law. If the withdrawal has been approved, but you haven’t received it in the estimated time, you need to contact the casino.

Hopefully, you have chosen one with a 24/7 Live Chat so you can reach them at any time. If not, you can send the casino an email or contact them during operating hours. Send the casino all the proof you have of the confirmation of the withdrawal and the documents you submitted. Explain the problem clearly and logically, and a customer support representative will try to assist.

Keep all the communication you receive from customer support as you might need it as proof of contact. If you are using the Live Chat feature, take screenshots of the communication or mark the emails you send to and receive from the casino. Keeping the lines of communication will allow you to get to the bottom of problems with the payment through the casino’s channels. You are within your rights to ask for a supervisor if you feel the issue isn’t resolved.

There are a few options available if customer support is ineffective and you realize that you might not receive a payout. There are third-party sites out there that assist in keeping casinos true to their word. Bad reviews and reports can be devastating to a casino’s client base because news online travels fast. There are sites where you can leave reviews on your experience with specific online casinos, but there are also websites that will assist with your dispute and even contact the casino on your behalf. There is evidence that this has been effective, and people have been reimbursed.

Your last course of action is to contact the authority under which the casino is licensed. The regulatory authority might not be able to get you the money that is owed, but they keep track of complaints. The casino will lose its license if it can be proved that the payout was refused for no reason.

The turnaround timeline – an example

It is essential to understand the difference in the meaning of terms used by gambling websites. They refer to turnaround times, approval times, and payout times. The expected payout times that are listed on casinos are often for the time it takes from the moment the withdrawal is approved to the time it reflects in a client’s bank account. However, a turnaround time refers to the cumulative time it takes from when the withdrawal request is submitted until the time it reflects.

The turnaround time includes the pending period and verification time that is required but not included on the payout table that is often found on the casino’s website. The pending period might be between 24 and 72 hours long.

The Accounting department of a casino has no limit of time within which they have to approve a request. It is in your best interest to look out for requests from a casino regarding verification documents. A delay on your side to respond to verification requests will cause a delay in approval. We will note that it is in a casino’s best interest to process the withdrawal requests and related verification documents as quickly as they can. People will get suspicious if the process takes too long and are less inclined to deposit more money into the casino.

The full turnaround time includes:

1. Withdrawal request
2. Pending period
3. Accounting department verification and approval
4. Payment submitted to a payment processor
5. Reflection time

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.