Fast payout casinos are a popular choice for players who don’t want to have to wait a long time to get their hands on their winnings.
Some top 10 casino sites can be slow to process withdrawals, so the speed of payout should be a big factor when deciding which operator to choose when opening an account.
Payout times depend on a number of different factors. These may include the size of the transaction being made and the method – such as an e-wallet – being used to withdraw.
Usual payout times can range from anything between a couple of hours and a week, so there is a lot of difference between fast withdrawal casinos and the other operators in the industry.
Our ultimate guide to fast pay casinos will give players all the information they need. Let’s start by examining the most common payment methods used to process withdrawals.
Bank Transfer Payout Speed
Perhaps the most traditional way to transfer money in and out of a casino account remains bank transfer. This method involves directly linking the accounts, which some users prefer to avoid for security reasons.
Processing a withdrawal via a bank transfer is not usually a quick way to release funds from a casino account. Withdrawals made using this method can take around three working days.
Credit and Debit Cards Casino Payout
Using a credit or debit card as a withdrawing method at an online casino takes a similar amount of time as a bank transfer. In the majority of cases, funds are released within a few days.
Most casino operators will only allow players to withdraw funds on to a debit or credit card if it has already been used to deposit money into the same account. This is for security reasons.
Some casino sites may also ask for identification documents to be provided by players when they make a request for a withdrawal to be processed through a debit or credit card.
E-wallets Casino Payout
Rising in popularity as an online payment method at casino websites are e-wallets. Sites such as Skrill and PayPal allow people to transfer their money quickly and easily on the internet.
E-wallet withdrawals tend to be processed very quickly, but it does depend on the casino site, the size of the transaction, and the specific e-wallet company being used.
In most cases, e-wallet withdrawals from online casino sites are processed within a few hours. However, there are usually restrictions on the size of the transaction available to an e-wallet.
Cryptocurrencies and Fast Payout Casinos
A hot new method at instant withdrawal casino operators, cryptocurrencies are not yet permitted as a payment method at 100 percent of casino sites.
But the number of operators allowing the use of cryptocurrencies such as Bitcoin to deposit or withdraw funds from a casino account is increasing all the time.
Cryptocurrencies are a speedy way to withdraw money from an online casino account and a lot of time the money will be returned to the player even faster than if an e-wallet was used.
Ethereum, Litecoin, and Ripple are among the cryptocurrencies commonly used by players at online casinos nowadays.