Which online casino pays the quickest?

Many players find it frustrating that their deposits are processed instantly, yet they have to wait several days for their payouts. Why is this so? Do casinos intentionally delay payouts? It’s no secret that no online casino would want to give away money for free, and if they can delay it, they will. This is normal practice. However, this is not the primary issue. Large payouts are usually checked and verified to protect against fraud:

Did the player win legitimately at the casino?
How did they win?
Is the player who they claim to be?
Did the player cheat with bonuses?
Did they use deferred bonus games after losing bonus money?

All of these questions need to be answered. Nevertheless, after passing the identity verification procedure, the process is usually expedited. Therefore, it’s unfair to blame the casino for slow payouts. Even the best casinos with the fastest payouts have to be cautious.

Other factors that affect payout speed include:

The player’s country of residence. The USA, for example, is more complicated due to current legislation that not only prohibits online gambling in most states but also severely restricts financial transactions between casinos and banks.
The payment method selected. More information about this is discussed below.
The payout amount. There is usually a transaction limit, which may be determined by the payment system’s limits or the casino’s internal payout limits. TTR Casino, for instance, has a €10,000 limit for all payment methods, while Casumo has no limits at all.

Fastest payment methods

The establishments listed above pay out winnings in the shortest possible time. For example, VideoSlots casino is one of the undisputed leaders, where players usually receive their payouts instantly or within an hour. How does such a large website manage to do this?

There are several reasons:

A wide range of payment methods.
An emphasis on electronic wallets.
Well-established financial flows over many years of operation.
A large reserve of funds across all payment systems.

Using payment systems like Skrill or Neteller makes life easier for players since such payments are usually processed quickly. Unfortunately, not all countries allow these payment methods. Bank transfers, such as withdrawals to cards or accounts, often cause problems. They take a long time to process, with Gunsbet Casino taking up to 24 hours (sometimes longer). The primary obstacle is banking operations, which cannot be instant. While an online casino can send money quickly, it takes a long time for it to reach the player’s bank, be processed and transferred to their account. Usually, several legal entities (and sometimes several banks) are involved in banking transactions. Therefore, it’s always better to choose e-wallets if possible.

How to choose a casino with the fastest payouts

Our rating of the fastest virtual establishments provides a comprehensive answer to this question. But in the future, it is better to know which establishments should be avoided. A casino works poorly if:

Delays payments even to electronic payment systems.
Processes payments for more than 48 hours.

Both options are unacceptable – and especially if you are not the first to withdraw money. If a casino withholds payments for more than 72 hours, we do not recommend playing there at all. It is possible that it is acting solely in its own interests or is completely fraudulent. Some casinos – for example, TTR Casino – claim unprecedentedly fast payouts – up to 15 minutes. Often, such assurances are not unfounded, but they can be trusted only if the institution already has a reliable reputation in the world of gambling. Fastpay Casino is still very young, but in most cases it fulfills its task. And this, by the way, is not so easy.

Fast payment methods at the casino

Paypal: Although not all casino players have access to PayPal, for those who do, it is undoubtedly one of the fastest ways to make withdrawals and payments. The reward money will appear immediately in your PayPal account. You can then transfer the cash to your bank account, which can take a few days.

E-wallets: Also known as e-wallets, e-wallets are becoming increasingly popular as one of the most convenient alternatives for making quick withdrawals from your favorite online casino. You should expect a very fast turnaround.

Skrill: This is a global third-party payment processor that operates in the same space as PayPal. Transfers are immediately visible in your bank account. Some of the best and fastest casinos accept Skrill.

Neteller: Neteller is an e-wallet that has a good reputation and is well-liked by online casino and poker players. Not only is it fast, but it also has some of the lowest fees in the industry. You can also check top paying casinos at onlinecasinoguide.co.nz.

Why can a casino delay payouts?

Payout delays can depend on both the online casino and other factors. The following reasons may arise on the part of the gambling club:

You have not been verified. In this case, you will not be able to withdraw until the verification is completed. Therefore, we recommend that you pass it before withdrawing.
You have not linked a bank card or e-wallet to your account. As a rule, in this case, it is enough to make a minimum deposit to fix the situation.
You are making a withdrawal outside of business hours. In some establishments, the financial department does not pay out money around the clock.
You have chosen a payment system that does not pay out money instantly. For example, some cryptocurrencies have a well-established delay for any payment transaction. It also affects the speed of withdrawal from the casino.
Withdrawal limit. If you have exceeded your limit for a week or a month, you will have to wait for the withdrawal of your winnings.